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Wu reported that Binance co-CEO He Yi responded to user disputes over cross-platform asset mis-transfers, stating that the relevant users transferred coins incorrectly between two independent apps. Binance cannot directly transfer funds from other users' accounts, but she personally is willing to compensate the user's loss. He Yi explained that due to historical compliance reasons, Binance operates independent local platforms in three regions, with product architecture, account systems, and business models different from Binance's main site, mainly providing local fiat currency trading services. To prevent similar incidents from happening again, Binance plans to further strengthen the secondary confirmation mechanism for payment transfers. Additionally, He Yi announced a call for product improvement suggestions, with 10 best suggestions to be selected, each rewarded with 1 BNB.
https://t.co/9c1sYXnHa8
Michael Dempsey: Young people haven't yet understood compound interest before falling into excessive speculation
Michael Dempsey, managing partner at investment firm Compound, said in an interview with Empire on October 19 that he advocates raising the gambling age to 26 because young people often fall into short-term speculation too early, before understanding long-term accumulation and compound interest.
He admitted that during his student days, he earned living expenses by analyzing sports betting and started trading options at 18, but now he strongly dislikes prediction markets and excessive gambling. He believes the problem is not just that gambling creates no value, but that people pursue short-term returns too much and gradually lose the willingness to create new things. Speaking about Meme coin trading, he acknowledged it requires a lot of effort but thinks it lacks genuine deep thinking, even joking that playing Pump fun might harm the brain 100 times more than using ChatGPT every day.
Source: Empire
Keplr confirms that some users' private keys have been leaked and is cooperating with Web3Auth to protect assets
Wu reported that Cosmos ecosystem wallet Keplr released a security incident update stating that a Web3Auth infrastructure vulnerability caused private key leaks for some Keplr users who logged in via Google or Apple. Accounts created using mnemonic phrases or hardware wallets were not affected. Keplr is assisting Web3Auth in protecting the assets of affected users, but handling staked and locked assets will take longer. The official statement noted that the reduction or zeroing of balances in so
The main Meme market had a 24-hour trading volume of approximately $136 million, down 15.8% from the previous period
According to GMGN 24h trading leaderboard data, as of 10:02 on November 8, the core trading volume of major Meme markets such as Solana, Robinhood, and BNB is approximately $136 million; their respective trading volumes are about $94.94 million, $26.24 million, and $12.95 million, accounting for 69.8%, 19.3%, and 9.5%. The top three projects are CLAUDIA, PONS, and José. The daily trading volume of the main Meme markets decreased by 15.8% day-over-day, with Solana showing the highest increase, gr
According to Caijing, Hong Kong is further improving its tax information reporting system for crypto assets. The Hong Kong Legislative Council passed the relevant bill on November 4 to implement the crypto asset reporting framework (CARF) and the revised Common Reporting Standard (CRS) formulated by the OECD. According to the arrangement, starting from 2027, crypto asset service providers with reporting obligations related to Hong Kong must register with the tax authority, collect clients' tax residency status and related crypto asset transaction information, and fulfill due diligence and reporting obligations. Hong Kong plans to automatically exchange crypto asset transaction tax information with partner tax jurisdictions starting in 2028. The revised CRS will be implemented in 2028, with related financial account information exchanges beginning in 2029. The Hong Kong government stated that it will conduct information exchange based on the principle of reciprocity, ensuring confidentiality and security of the information, and provide implementation guidelines and technical support to the industry.
https://t.co/mxSWUS8GZV
Hong Kong's crypto asset tax reporting system will be implemented in 2027, with cross-border information exchange starting in 2028
According to Caijing, Hong Kong is further improving the tax information reporting system for crypto assets. The Hong Kong Legislative Council passed the relevant bill on November 4 to implement the crypto asset reporting framework (CARF) and the revised Common Reporting Standard (CRS) formulated by the OECD. According to the arrangement, starting from 2027, crypto asset service providers with reporting obligations related to Hong Kong must register with the Inland Revenue Department, collect cl
Japan and the EU strengthen digital financial regulatory exchanges, with asset tokenization included in the joint statement for the first time
Wu reported that on November 6, the Japan Financial Services Agency and the European Commission issued a joint statement for the seventh Japan-EU Financial Regulatory Forum, marking the first time that asset tokenization was explicitly mentioned in the forum's joint statement. According to Japanese media NADA NEWS, the two sides held meetings in Tokyo from November 4 to 5 to discuss topics including crypto assets, stablecoins, tokenization, and the application of AI in financial services. The Ja
What is EIP-7702? Why did it become a key factor in the Binance hack?
Author | Blockaid Research Team
Compiled by | Deep Tide TechFlow
According to publicly available on-chain statistics, on October 29, 2026, hackers stole at least $6.3 billion in assets from multiple hot wallets of Binance on Ethereum, Arbitrum, Avalanche, Optimism, Bitcoin, and Tron, setting the largest theft record in cryptocurrency history by amount involved.
The core target of the entire attack was Binance 14 (Ethereum address: 0x28C6c06298d514Db089934071355E5743bf21d60). This address is one
Thai police expand investigation into Shuffle com, tracking involved funds based on data from three crypto exchanges
According to Thairath, the Thai Cyber Crime Investigation Police have launched a further investigation into the suspected illegal gambling network involving the cryptocurrency gambling platform Shuffle com. They conducted searches at 11 locations in Bangkok and other provinces, found 11 suspects, and seized mobile phones, computers, and other devices for digital forensics. Some suspects admitted to the charges, while others denied them. One confessing suspect was sentenced to imprisonment by the
According to Bloomberg, the Democratic Party's control of both chambers of the U.S. Congress in the midterm elections could change the policy environment for the crypto industry that was shaped over the past two years under the Trump administration and a Republican-led Congress. The Democrats plan to include stricter government official conflict-of-interest restrictions, investor protection provisions in crypto market structure legislation, and grant the SEC greater regulatory authority over digital assets, while possibly launching congressional investigations into Trump and his family's crypto businesses. Previously, the CLARITY Act faced obstacles advancing in the Senate in September, with controversies involving the Trump family's crypto interests, stablecoin rewards, and banking competition issues. The report notes that Democratic control of Congress may further increase the difficulty of passing legislation as originally proposed, but existing federal stablecoin laws remain effective, and the SEC and CFTC can continue to advance regulatory rules. The industry group Crypto Council for Innovation expressed willingness to work with bipartisan lawmakers to promote digital asset policies.
https://t.co/IzC5yHUigq
