Odaily reports: b14g has released a post-mortem report on the security incident of October 31, 2026. It states that the attacker exploited a compatibility flaw between its staking contract and the Core network's native staking contract, initiating 99 zero-amount (0 CORE) withdrawal requests across 91 staking orders in a single transaction, resulting in the theft of approximately 97.05 million CORE. The attack did not involve any private key leak, nor did the attacker modify or deploy any new b14g contract code. BTC staked through b14g was unaffected and remains locked on the Bitcoin chain.

Regarding fund recovery, approximately 68.15 million CORE (about 70.2% of the total stolen) was recovered on November 2 through a Core hard fork, and another approximately 12 million CORE has reportedly been frozen by trading platforms. As for user compensation, b14g plans to return the recovered CORE within the next 5 to 7 days in proportion to the original balances of each affected order, with the remaining losses to be repaid through 50% of future Core staking business revenue, claimable by affected users on a weekly basis.

Odaily: Compound Foundation posted on X that the USDC market deployed by Compound on Scroll is about to be closed, after Scroll had asked users to address their DeFi positions. Compound reminds users who still have outstanding borrowings to repay their loans as soon as possible; in the coming weeks, all outstanding loans will face liquidation.

Odaily reports: According to Programs statistics, the "blue wave" swept in by the US Democratic Party during the midterm elections has intensified market concerns over the pace of data center construction. As of November 4, among the 69 data center projects canceled since 2024, about half were canceled due to local resident opposition, making it the primary reason for project cancellations. The website also shows that since October, at least 4 data center projects have been canceled in the US; in the third quarter, at least 17 projects were canceled, the highest since 2024. Since the second half of this year, the number of canceled data center projects has approached the full-year total for 2025.

Odaily: A wave of protests against data center construction is spreading across multiple locations in Europe. On Saturday local time, people in several countries took to the streets to express concerns over the energy consumption, environmental damage, and social impact that the rapid expansion of data centers may bring.

It is reported that more than 100 civil society organizations and advocacy groups from 15 European countries participated in this joint action, protesting the rapid expansion of energy-intensive data centers and calling for a pause on all new large-scale data center projects until a clearer regulatory framework is established.

Approximately 2,000 people marched in Dublin on Saturday, about 1,300 gathered in Helsinki, and similar demonstrations were held in several smaller towns across Finland. A coalition of local democracy and climate protest groups called "Stop Dirty Data Centers" said the action aims to "stop the unchecked expansion of AI data centers and prevent our democratic institutions from being captured by the interests of Big Tech." From Scotland to Spain, from France to Denmark, environmental and social activist groups across the region also joined the action, calling for a moratorium on data center construction.

Odaily reports: With Democrats winning the midterm elections and set to control Congress, the political advantages the crypto industry has enjoyed in Washington over the past two years are now facing reversal. However, some of the policy achievements the crypto industry previously secured are not easily overturned. For instance, repealing the federal stablecoin law would require new legislation; the SEC and the U.S. Commodity Futures Trading Commission (CFTC) can still continue their work on formulating digital asset regulatory rules.

It is reported that the crypto industry has begun turning to bipartisan support in pursuit of long-term development, and long-term market growth is no longer confined to an alliance with Trump. Digital assets are progressively expanding into areas such as investment funds, stablecoin payments, and financial infrastructure. For an industry seeking to attract users and institutions across different political stances, reducing partisanship and securing bipartisan support may become an important direction for the next phase. (Bloomberg)

Odaily reports: CoreWeave has sent a letter to Texas Governor-Elect Gina Hinojosa, expressing its desire to work with her incoming administration to advance existing and future data center projects in the state.

CoreWeave co-founder and CEO Michael Intrator said in a statement: "You have made it clear that data center development must align with the interests of Texans. We strongly support these principles." He also said: "We hope to have the opportunity to work with your transition team to responsibly complete already-permitted projects and to establish clear, stable, and long-term sustainable standards for future development."

Hinojosa said in a CNN interview on Thursday: "Texas has always been a pro-business state, but once I become governor, things will be different. There must be a partnership between businesses and government that benefits Texas residents."

Odaily reports: The Paris Criminal Court sentenced a Ukrainian man to 5 years in prison on Friday, including 2 years of actual imprisonment and 3 years suspended. The man was accused of exploiting permission vulnerabilities at his former employer between May and August 2024 to illegally generate and steal 1 billion Holograph (HLG) tokens, worth approximately $14 million at the time of the incident.

The court found that the man illegally minted 1 billion HLG by tampering with the platform's token generation conditions, transferred the tokens to his personal wallet, and then, together with two accomplices, dispersed the funds across multiple cryptocurrency exchange accounts. His two accomplices were sentenced to 2 years in prison (including 14 months suspended) and an €80,000 fine, and 2 years suspended imprisonment and a €40,000 fine, respectively.

Additionally, the court rejected the Holograph Foundation's claim for compensation for losses caused by the token price crash, ruling that HLG had already experienced significant price volatility and decline before the incident, and that it could not be established that the subsequent depreciation was directly caused by the fraud. Following the incident, the price of HLG fell from nearly $0.03 in May 2024 to $0.001 by the end of December of the same year. (tv5monde)

Odaily reports: US President Trump posted on social media, accusing Democrats of threatening to impeach the US Attorney General and other officials, and vowing to take other punitive measures against them. Trump claimed that Democrats themselves admit lacking relevant grounds, and that those threatened have not committed, or even considered, any conduct that could constitute grounds for impeachment. He called this "extortion at the highest level" and demanded accountability for those involved.

Trump also accused Democrats of threatening Republican donors, vowing to impose imprisonment and other punishments on them solely because they are Republicans or Republican supporters. He said this further demonstrates political instrumentalization and lawfare, and pointed to Michigan Senator Elissa Slotkin vowing to go after young people who identify with Republican values, as well as anyone showing even the slightest inclination to support Republicans.

Trump stated that the ones who should truly be imprisoned are what he called the "extortionists," and called on Republicans to act quickly. At the end of the post, Trump said he had ordered the Department of Justice to immediately investigate the relevant conduct.

Odaily reports: Binance Chief Financial Officer (CFO) Kaiser Ng is departing, ending his more than five-year tenure at Binance. Binance co-CEO He Yi stated that Ng has decided to pursue a new career direction, and the two parties have implemented a handover plan over the past six months. Justin Yek will serve as the new CFO.

Ng joined Binance in January 2022, having previously worked at cryptocurrency exchange Kraken for approximately five years. Justin Yek previously served as Vice President of Finance at payment platform Airwallex. The personnel change comes several days after Binance suffered a hack of approximately $6.3 billion. The U.S. Federal Bureau of Investigation (FBI) previously identified North Korea as responsible for the attack. Binance subsequently stated that it had covered approximately 90% of the stolen assets and pledged to fully compensate users. (Bloomberg)

Odaily: Nvidia-backed AI data center operator Groq has sent out invitations for a Series B funding round, seeking to raise capital at a pre-money valuation of $8 billion. The financing implies Groq plans to more than double its valuation in about three months. As the AI infrastructure industry comes under pressure, shares of data center operators such as CoreWeave and Nebius have recently been sold off, with the market concerned about the sustainability of the industry's large-scale debt-financed buildout of AI infrastructure.

Late last year, Nvidia brought in Groq founder and CEO Jonathan Ross and other core employees through a technology licensing deal worth $20 billion. (Bloomberg)

Odaily reported that OKX Star posted on the X platform, stating: "Temporarily avoid transferring funds directly from MEXC to OKX. OKX applies risk management to the special measures taken by FinCEN in accordance with prudential standards similar to those for financial sanctions. Under our compliance and risk control measures, funds from related platforms may be frozen for review, and the relevant accounts may also be subject to further investigation.

Although FinCEN provided a 30-day transition period, OKX still chose to significantly strengthen the relevant risk control measures in advance rather than waiting until the deadline to take action.

Protecting users' interests and safeguarding the security and integrity of the financial system have always been OKX's highest priorities.

Odaily News: According to on-chain monitoring, Smartestmoney currently holds approximately 1.38 million HYPE long positions, with a position value of about $107 million and unrealized profit exceeding $53 million. The position uses 5x cross margin leverage, with an average entry price of about $38.68, has been held for approximately 11 months, and has a liquidation price of about $71.09. HYPE is currently trading at $77.84, about 8.67% away from the position's liquidation price.

Odaily reports: The European Commission decided at the EU's tenth high-level sanctions meeting to establish a dedicated sanctions office and to set up a cryptocurrency task force within that office, responsible for addressing Russia's use of digital assets to evade sanctions. The task force is expected to operate for 12 months, with support from Ukraine and the United Kingdom.

The sanctions office will coordinate member states' enforcement of sanctions measures, covering policy design, implementation, enforcement support, and anti-circumvention efforts. The task force will target relevant networks including the A7A5 digital ruble stablecoin, which has previously seen trading volumes exceeding $100 billion. (Bitcoin.com News)

Odaily reports: Bitcoin News posted on X that Jack Dorsey's Square is expected to complete its phased rollout by November 10, expanding Bitcoin payments to its network of over 4 million merchants. The deployment began on March 30, and eligible U.S. merchants will have Bitcoin payments automatically enabled without needing to apply. Customers can pay via the Lightning Network, with transactions settling within seconds; merchants receive funds in USD by default, with the option to retain Bitcoin. Square will waive Bitcoin payment processing fees until December 31, 2026, after which a flat 1% fee will apply; merchants can also automatically convert up to 50% of daily sales revenue into Bitcoin.

According to Onchain Lens monitoring, Smartestmoney currently holds a long position of 1.38 million HYPE, with an unrealized profit of $52.76 million. The long position was opened 11 months ago, with a liquidation price of $71.08 and a market price of $76.96.

Odaily reports: According to Onchain Lens monitoring, Machi Big Brother sold BAYC #9770 on OpenSea for 10.5 ETH, with a purchase price of 36 ETH; and sold BAYC #4069 for 9.5 ETH, with a purchase price of 47 ETH. Previously, Machi Big Brother sold BAYC #32 for 12.5 ETH. The total purchase cost of the three BAYC NFTs was 188 ETH, and the total sale proceeds were 32.5 ETH, resulting in a realized loss of 155.5 ETH, approximately equivalent to $246,300.