Developers have submitted a draft Ethereum Improvement Proposal that would allow Externally Owned Accounts (EOAs) to permanently disable EIP-7702 delegation functionality while retaining their original addresses and standard transaction capabilities. This action is irreversible. The draft has not yet been merged and has not been assigned an EIP number.

The UK's Financial Times reported that OpenAI has cut its fundraising target by $10 billion amid growing tech anxiety.

Odaily Report: The whale "Setting Ten Big Goals First" posted on X to update his Bitcoin market views and position operations. He stated that he previously believed the BTC $78,000 level would be difficult to break below, and the actual price had remained above $79,000 until the recent black swan event caused it to fall below that level. He had already closed about two-thirds of his long position near $76,000 to guard against another extreme market move similar to October 11.After observing market stabilization over the past two days, he has re-established a full long position in the $76,000 to $78,000 range. His core judgment remains unchanged, and he still believes that $58,000 is the bottom for BTC in this cycle. He further noted that the bottom of the first phase of this bull market may be around $118,000, while the target for the second leg up is double $78,000, or about $150,000, and he expects BTC to potentially reach $120,000 within this year.

Privacy blockchain Iron Fish confirmed that recent anomalous activity involving wIRON and the ChainPort cross-chain bridge originated from an inflation vulnerability within its own blockchain, rather than an issue with the cross-chain bridge itself. The vulnerability traces back to the 2019 Merkle tree implementation, which could allow the same privacy note to be double-spent. The team has submitted a patch and plans to close and archive the code repository.

Odaily reports: According to on-chain analyst Yu Jin's monitoring, over the past 2 hours, Ethena (0xB805...E890936) deposited 128.6 million ENA, worth $24.33 million, into Binance. Binance is currently buying back the stolen assets through both on-exchange and off-exchange methods to complete its Proof of Reserves (PoR); this deposit may represent Binance purchasing ENA from Ethena via OTC trading to cover the stolen asset shortfall. The amount of ENA stolen from Binance yesterday was 217.5 million.

Chainalysis data shows that as of October 29, losses from cyberattacks suspected to be linked to North Korea accounted for nearly 89% of this year's reported crypto hack losses. The average loss per attack has risen to $185.65 million, up approximately 3.7 times compared to 2021.