Odaily reports that security analyst Spreek has stated that the Initia chain is suspected to have been attacked, with the attacker exploiting a vulnerability to infinitely mint multiple tokens. As of now, the hacker has cashed out approximately $2.6 million, with more funds still in the process of being transferred. The scope of the attack's impact and the final losses are not yet clear.

Odaily reports that according to Spreek monitoring, the Initia chain has been hacked, with a large number of tokens being infinitely minted. As of now, the hacker has cashed out approximately $2.6 million, and more funds are still being transferred.

Odaily: U.S. President Trump stated that we need to protect geniuses like Musk, and that Musk will never do anything wrong.

Odaily reports: ether.fi has announced the acquisition of Zeal Wallet, with the specific amount undisclosed. Zeal users can now migrate directly to ether.fi within the Zeal app. After migration is complete, users can access features including borrowing against their portfolio, earning yield, and trading stocks and gold.

Odaily reports: Bankless founder David Hoffman posted on X that a batch of tokens he refers to as "2017-era Bitcoin clone coins" have recently gained momentum again. Among them, PRL rose 30% this week, with a fully diluted valuation (FDV) of approximately $4.2 billion; QTC rose 300% this month, with a valuation of approximately $1.8 billion based on a total supply of 21 million tokens.

David Hoffman believes that what is noteworthy is that such tokens, which adopt a fixed supply cap of 21 million, are now commanding multi-billion-dollar valuations.

Odaily Report: U.S. President Trump stated that we may end the Iran war very soon, and the question now is whether we should settle the matter once and for all or just let it fade away. (Sina Finance) (

Odaily reports: According to monitoring by on-chain analyst Yu Jin, crude oil prices rose 4% today. Three days ago, this whale sold the ETH it had previously bought at the bottom for $1,647, making a profit of $8.99 million, and then went long on crude oil worth $51.56 million, including CL worth $30.78 million and BRENTOIL worth $20.78 million, and is currently sitting on an unrealized profit of $1.9 million.

Odaily: Coinbase posted on X stating that polls reflect what people say, while prediction markets provide real-time probabilities. The Coinbase midterm election dashboard displays prediction results for midterm election winners.

Odaily: Analyst Darkfost posted that the largest Bitcoin UTXO spending activity since 2026 has occurred on-chain, with cumulative spending of UTXOs each valued at over $1 million exceeding $21 billion, involving more than 230,000 BTC, and the related operations likely came from the same entity. Among them, most UTXOs had previously been dormant for 1 to 6 months, while another approximately $4.6 billion came from long-term holders (LTHs) who had held for 1 to 3 years.

Darkfost noted that these bitcoins were likely mainly transferred between different addresses, and there are currently no obvious signs of flows to exchanges, so this cannot be used to judge large-scale selling. If the subsequent spending of the relevant UTXOs corresponds to realized profits or losses, on-chain realized profit and loss metrics may show significant changes.

Odaily reports: YZi Labs has announced the launch of its inaugural Atlas Scout Program, recruiting four students from Stanford University, Yale University, University of California, Berkeley, and University of California, Los Angeles to participate in early-stage project discovery and investment research in the Web3, AI, and biotech sectors. The program will provide intentional investment allocations of up to $1 million for relevant investment opportunities and will open up its ecosystem network of more than 300 portfolio companies. Participants can organize campus events, identify potential projects, and receive mentorship in project research, due diligence, and investment judgment. Eligible startup teams will also have the opportunity to connect with the EASY Residency program or discuss investment partnerships with YZi Labs.

Odaily reports: A survey released on Friday showed that the US consumer sentiment index edged down in October to near a historic low, as the Middle East conflict drove prices higher, turning households pessimistic about the economic outlook just as congressional midterm elections centered on affordability issues approach.

The University of Michigan's consumer survey showed that its consumer sentiment index fell this month to 48.0 from a final reading of 48.1 in September. Economists surveyed by Reuters had forecast the index at 46.3, which was also the preliminary reading for October. The October reading is the second lowest on record, above only the all-time low of 44.8 set in May—a low that came shortly after the outbreak of the Iran war. "Purchasing power continues to dominate consumers' views of the economy," said Joanne Hsu, director of the consumer survey program. "The current consumer sentiment index is 10% lower than a year ago and 15% lower than in February, before the Iran conflict broke out."

Odaily report: According to Arbitrum monitoring, one month after Arbitrum One went live, it has generated $300,000 in priority fee revenue, during which 21 million transactions used PGA.

Odaily: Trader Killa posted that in a bull market, traders should seize the opportunity to go long when prices dip within an established range. However, because the market previously went through a bear market full of fake breakouts, many traders still habitually view every rebound as a bull trap. Bitcoin's trading range and bottom structure have already formed, with the area around $80,000 being a key zone. Although Bitcoin may still pull back again to sweep liquidity, it could ultimately just head higher directly, causing traders who keep waiting for lower prices to miss the move. Traders should follow the market trend rather than stubbornly clinging to a bearish scenario.

Odaily reports: Bitcoin Core developers have merged a security policy adjustment. For vulnerabilities that can be easily discovered or rediscovered through simple large language model (LLM) prompts, the previous long-term confidential disclosure mechanism will no longer be used. The new rules allow developers to mark such issues as "easy to find" during vulnerability classification, then backport fixes to all still-supported versions and release them as soon as possible through minor version updates, along with a security advisory and some vulnerability details.

Previously, Bitcoin Core scheduled disclosure based on vulnerability severity, with medium- and high-risk vulnerabilities usually only made public after the affected versions stopped being maintained. This adjustment stems from AI tools lowering the threshold for vulnerability discovery: in July this year, a Bitcoin Red Team composed of 16 developers used AI models to scan about 390 Bitcoin-related projects and recorded 4,962 findings in one day, of which 85 were listed as critical issues. Developers noted that continuing to extend the confidentiality period for such vulnerabilities can no longer effectively prevent attacks and instead delays the release of fixed versions; however, the new rules also mean that fixes may lack longer testing time. Currently, no vulnerability has been officially marked as falling into the "easy to find" category under the new rules. (CoinDesk)

Odaily reports: The U.S. Securities and Exchange Commission (SEC) published its examination priorities for fiscal year 2027 on October 23, focusing on areas including investment adviser fiduciary duty, retail investor protection, private funds and private credit, anti-money laundering, cybersecurity, and customer information protection. The SEC will also focus on the evolution of tokenization and related market infrastructure, as well as the impact of advanced technologies such as superintelligence on market operations, compliance management, fraud prevention, and investor protection. The SEC stated that the examination priorities are not an exhaustive list, and the examination division will adjust its examination direction based on market changes, investor concerns, emerging technologies, and developments in new products and services, and will require regulated entities to maintain compliance systems commensurate with their own business risks.

Odaily reports: The U.S. Securities and Exchange Commission (SEC) has published its examination priorities for fiscal year 2027, covering areas including investment adviser fiduciary duty, retail investor protection, private funds and private credit, anti-money laundering, cybersecurity, and customer information protection. In areas related to the crypto industry, the SEC will focus on tokenization and related market infrastructure development, and will examine the impact of advanced technologies such as superintelligence on market operations, compliance, fraud prevention, and investor protection. The SEC stated that these examination priorities are not a complete list of examination matters for fiscal year 2027, and the examination division will dynamically adjust its focus based on changes in market events, investor concerns, emerging technologies, and new products and services.