Odaily reports that according to monitoring of a Polygon community proposal, members have proposed conducting a hard fork of the Polygon PoS mainnet to zero out approximately 70.49 million native POL held in attack addresses placed on a blocklist, and transfer them to a designated recovery address. Based on the price on October 29, these POL are worth approximately $6.5 million. Among them, Polymarket-related addresses involve approximately 23.86 million tokens, and Binance-related addresses involve approximately 46.63 million tokens; the proposal states that the total supply remains unchanged. The proposal is scheduled to be introduced at the protocol governance call at 22:30 Beijing time on November 5, with the activation block and client version yet to be determined.

Odaily reports: Crypto mining company Hut 8 sold 954 BTC in Q3 for $74.8 million to fund share buybacks; in October it sold another 2,148 BTC for $175.4 million, totaling 3,102 BTC sold across both phases and cashing out approximately $250.2 million.

Crypto mining company Riot Platforms stated it expects to sell nearly all newly mined Bitcoin to fund development and operating expenses, rather than rebuilding a large-scale Bitcoin reserve. (Bitcoin.com News)

Odaily: Bitcoin News posted on X platform that Bitcoin security researcher Talip stated that his team discovered over 10,000 potential vulnerabilities within two months with the help of AI. The team is composed of volunteer engineers, and some findings have been evaluated, disclosed, and fixed, while other disclosures are still in progress. Talip stated that AI-generated findings require independent verification, as many of them may be false positives or exaggerate the severity of the vulnerabilities.

Odaily reports: Valerie Caproni, a judge in the U.S. District Court for the Southern District of New York, denied a request for a temporary restraining order filed by the industry group Capital Markets Alliance (CMA). The court found that the plaintiffs failed to demonstrate that their members would suffer imminent irreparable harm; at the same time, the court held that CMA's claim that the U.S. Commodity Futures Trading Commission (CFTC) overstepped its authority is likely to succeed, and noted that the contracts in question do not appear to meet the definition of "security futures" and are closer to swaps regulated by the U.S. Securities and Exchange Commission (SEC).

According to MSX.COM data, DJT has fallen 21.1% over the past 24 hours and 5.5% over the past hour, currently trading at 4.688 USDT.

Odaily reports: Apex Group, Chainlink, T-REX Network, and the ERC-3643 Association have implemented a modular on-chain bond compliance framework aligned with Swift standards. The framework combines regulated asset services, ERC-3643 asset-level identity, eligibility and transfer rules, as well as capabilities such as Chainlink CCIP cross-chain transfer and the Automated Compliance Engine (ACE), enabling compliance requirements to be deployed once and reused across multiple blockchains. As part of the initiative, Swift has joined the ERC-3643 Association. The parties will also showcase relevant end-to-end digital asset workflows in conjunction with the Singapore FinTech Festival.

According to Ki Young Ju, founder of CryptoQuant, $215 million worth of Bitcoin short positions were liquidated within one hour, triggering a short squeeze.

Odaily: According to monitoring, 2,878 BTC (approximately $231.9 million) was transferred from one unknown wallet to another unknown wallet.

Odaily reports: In a letter on Tuesday, the SEC's Division of Corporation Finance stated that it considers Canton Network's native token, Canton Coin, to be a "digital commodity" and said it would not recommend enforcement action regarding its programmatic minting.

Canton submitted its request letter on October 30, and SEC staff responded four days later. The letter reflects only the staff's position on enforcement, does not constitute a legal conclusion, and is based on the factual representations provided by Canton.

Canton said this is the first such relief since the SEC issued its March interpretive bulletin, and also the first since the SEC proposed its "Crypto Asset Regulatory Rules" in August. (Decrypt)

Odaily Reports: According to monitoring, USDC Treasury minted 250 million USDC on the Solana network at 02:14 Beijing time, valued at approximately $250 million. The minting transaction has been confirmed and completed.

Odaily reports: Strategy, a Bitcoin treasury company, saw its preferred stock STRC touch $100 intraday on Wednesday, the first time since May. STRC has recovered from a June low of $71.25, after Strategy spent months repurchasing the preferred stock to support its market price.

STRC carries an annualized dividend rate of 12%, paying $12 per year based on a $100 par value per share. Shareholders approved a switch to daily accrual on October 28, with the new mechanism taking effect on November 1 and dividend payments beginning on November 2.

Once STRC's price reaches or exceeds $100, Strategy can issue additional shares of the preferred stock through its at-the-market offering program and may use the proceeds to purchase Bitcoin; whether to issue and buy Bitcoin still depends on management's decisions and market conditions. (Bitcoin.com News)

Odaily: A Fox Business crypto reporter posted on X that House Democrats are discussing expanding Rep. Maxine Waters' "Crypto Investor and Consumer Protection Act" into a broader crypto market structure bill in the next Congress, incorporating provisions from her previously proposed but unpassed "CLARITY Act," as well as provisions agreed upon by Senate Democrats and Republicans ahead of a September procedural vote. According to three industry sources who spoke with Democratic staffers, the proposal under discussion includes giving the SEC a larger role in regulating the crypto market and limiting the CFTC's role; in addition, Democrats may introduce further ethics provisions to restrict Trump and other federal officials from engaging in crypto businesses.

Odaily reports: Stripe's Global Payouts now supports eligible US businesses in sending USDC and OUSD stablecoins to recipients' external crypto wallets across more than 160 markets, currently in public preview. Funds are disbursed from the Stripe Treasury balance, with a fee of 0.5% plus $0.50 per transaction. Payments typically arrive within minutes, and businesses in New York State must apply separately for early access.

Odaily: US Vice President JD Vance posted on X that although pre-election polls showed Democrats heading for a landslide victory, Republican data consistently showed that the voter composition was close to 2024 levels, with turnout in some states decent or even standout, and no catastrophic decline. Citing Florida as an example, he said the state's voter composition was still 9 percentage points more Republican than Democratic, only a few points worse than 2024.

JD Vance said the real problem was not turnout, but that a large number of voters who voted for Trump and himself in 2024 switched to Democrats in the 2026 midterms. According to a pollster he cited who accurately predicted the results, if these defecting voters were to return to the Republican camp, the four most commonly cited reasons, in order, were: ending the war, focusing on the cost of living and inflation, adhering to America First, and changing the relationship with Israel.

He further stated that the real reason for the losses was the war, and that the president had also publicly said so the night before; he also said that in the coming months some may package proposals such as amnesty as a way out, but he believes those pushing amnesty are lying. As for whether it is worth losing control of the Senate for the next 6 years over this, he said that is at least an honest starting point for debate.

Odaily Planet Daily News: According to Gate data, Brent crude oil (XBRUSD) has fallen to $98/barrel, currently at $97.87/barrel, a 24-hour decline of 8.8%.

Odaily: Coinbase has announced that Coinbase Prime now offers regulated global crypto options and perpetual contract trading services to institutional clients in the United States and other eligible jurisdictions, with U.S. and global traders sharing a unified liquidity pool. The service integrates Deribit's liquidity, supports more than 20 assets including BTC, ETH, SOL, XRP, AVAX, and HYPE, and allows BTC, ETH, and USDC to be used as collateral, with more assets to be supported in the future. The related derivatives are provided by Coinbase Financial Markets, a CFTC-registered futures commission merchant, and the scope of services is subject to client eligibility and jurisdictional restrictions; Deribit does not directly provide services to U.S. customers.