News linked to both this project and an event.
Odaily Report: CZ posted on X in response to discussions about SPCX stock, stating that he never said he wanted to sell SPCX shares. He previously mentioned holding the stock because a related post comparing Binance with FTX might have led outsiders to mistakenly believe that Binance lacks funds; what he actually meant to express was that Binance holds other assets in addition to crypto assets.CZ also stated that the scale of the relevant assets held by Binance is merely a drop in the ocean for the other party and could not possibly pose a threat, and said that SPCX will remain a high-quality stock worth holding long-term for a very long time to come. He also called on outsiders not to frame the matter as confrontation and said there is no need to deliberately create division.Earlier reports said that CZ, in a post replying to Musk's comment on Binance being hacked, stated: "I respect you very much, but now is not the time for jokes. Our SPCX stock (from our $500 million investment in your acquisition of Twitter) is now worth more than a billion dollars. I would be very grateful if you could show a little support."
Odaily reports: Cryptocurrency market liquidations exceeded $1.54 billion on Friday morning, with an attack on Binance triggering a market-wide sell-off. Long positions accounted for approximately $1.29 billion in liquidations, representing over 80% of the total. Binance stated that attackers stole approximately $6.3 billion, with the investigation pointing to a compromised laptop belonging to a DevOps engineer.Bitcoin briefly dropped to $76,320, with related liquidations approaching $500 million; Ethereum long liquidations exceeded $300 million. Bitcoin subsequently rebounded to $78,400 but remains down 2% over the past 24 hours and 5% below its price at the start of the month.Binance said partners have frozen approximately $3 billion of the stolen funds, and the company will draw on its Secure Asset Fund for Users (SAFU) and corporate reserves to cover remaining customer losses. Deposits and withdrawals remain suspended, and Binance has revoked authorizations for affected addresses while contacting law enforcement and blockchain intelligence partners to trace the funds. On-chain analyst ZachXBT linked the attack to the North Korea-affiliated threat group Tradertraitor. (Bitcoin.com News)
Odaily Report: According to monitoring by on-chain analyst Ember, a hacker who stole approximately $40 million in assets from UXLINK last year opened a long position of 30,300 ETH on Hyperliquid at a price of $2,134, with a position value of $70.25 million and current unrealized profit of $5.62 million. The funding source address for the ETH long position has a direct fund intersection with a known UXLINK hacker address: one month ago, both addresses consolidated their remaining ETH Gas to the same wallet on the same day. In early August, after consolidating 11.54 million USDC from multiple channels, the hacker began trading ETH on Hyperliquid, opening positions 6 times in total, with 5 profitable trades and total profits of $5.71 million.
Odaily News: On-chain analyst Murphy posted on X that during the recent BTC decline, the scale of BTC transfers to exchanges by short-term holders (STH) increased significantly, with an average of approximately 2,200 BTC transferred per hour within a 4-hour window, reaching the fourth-highest level since the market rally began in August this year. However, the transfer peak on October 15 was already lower than that of October 8, indicating that the potential selling pressure from short-term holders has somewhat weakened.In contrast, long-term holders (LTH) transferred only about 480 BTC per hour to exchanges during the same period, roughly one-fifth of that of short-term holders. Murphy noted that on October 8, long-term holders had a transfer peak of approximately 3,700 BTC per hour, which may have been partly related to asset transfers triggered by a hardware wallet security incident. However, considering that both long-term and short-term holders showed large-scale transfers on that day and BTC prices fell rapidly, actual selling pressure still existed in the market.Murphy believes that during the current decline, those transferring BTC to exchanges are primarily short-term holders, while long-term holders remain relatively stable overall, and the transfer intensity of short-term holders has weakened compared to before, reflecting that the BTC holder structure still possesses a certain degree of resilience.
Paradigm co-founder Matt Huang posted on the X platform outlining some views on Zcash. He stated that blockchain ecosystems generally face the challenge of long-term funding sources, especially for public goods financing, and that funding developer funds through an inflation mechanism is a viable approach. He believes that amid the backdrop of AI-enhanced cyberattack capabilities and the rapid development of quantum technology, the Zcash developer fund remains highly significant.Matt Huang also stated that as Zcash gains greater acceptance and adoption as a privacy supplement to Bitcoin, governance relying purely on coin-holder voting may introduce unpredictability and affect its ability to build long-term trust as a monetary asset. Therefore, Zcash is better suited to combining coin-holder voting with other governance approaches. Matt Huang also disclosed that Paradigm is an investor in ZEC and ZODL.In the early hours of today, ZEC briefly broke above $1,385, setting a new all-time high.
According to the Associated Press, the U.S. Department of Justice has charged Ma Long Ram and 17 other defendants in connection with a Bitcoin theft scheme valued at over $240 million. Prosecutors allege that the group carried out a social engineering attack on a Washington resident by impersonating employees of Google and cryptocurrency exchange Gemini, thereby gaining control of their accounts and security codes to steal more than 4,100 Bitcoin. The suspects subsequently laundered the proceeds through multiple trading platforms and spent the money on sports cars, mansions, luxury watches, private jet services, and nightclub expenses.
Odaily News: Bitcoin News posted on X platform that a long-term Bitcoin holder had all assets withdrawn from their account within less than 12 hours of transferring BTC to a major Australian exchange. According to a friend of the holder, hackers had compromised their Google account for approximately 3 months, obtaining their email and Google Authenticator credentials backed up to the cloud, and then waited for them to deposit BTC into the exchange. The exchange identified the hacker as the account owner and approved the withdrawal, with the holder receiving a withdrawal approval notification at 3 AM. The post recommends disabling cloud backup for Google Authenticator and using hardware security keys such as YubiKey; setting up two keys can serve as a backup in case one is lost.
Z.ai releases GLM-5.3, based on the same foundation model as GLM-5.2, achieving capability improvements through expanded post-training. According to the official announcement, GLM-5.3 improves by 50% over GLM-5.2 on the internal Z.ai Code Bench coding benchmark, and reaches a leading level among open models in public benchmarks such as Terminal Bench 3.0 and Agents' Last Exam. In terms of cybersecurity, GLM-5.3 achieved a score of 84.5% in the CyberGym vulnerability discovery test, and significantly improved compared to the previous generation in exploit chain-related tests such as ExploitBench and ExploitGym.
According to CoinDesk, Ripple announced on Monday that it will share its internal intelligence on North Korean hackers with Crypto ISAC, a threat intelligence-sharing organization for the cryptocurrency industry, to help businesses identify coordinated intrusion campaigns. This move comes amid a recent shift in attack patterns targeting the cryptocurrency sector. The April theft of $285 million from the Drift protocol was not a traditional smart-contract vulnerability exploit; instead, North Korean hackers spent months building relationships with Drift contributors and installing malware on their devices before stealing private keys. Ripple stated: “The strongest crypto security posture is a shared one. A threat actor rejected by one company after background screening may submit resumes to three other companies the same week. Without shared intelligence, each company starts from scratch.”
According to The Wall Street Journal, North Carolina Republican Senator Thom Tillis said Sunday local time that he would support the confirmation of Kevin Warsh as Federal Reserve Chair, thereby clearing the final major hurdle for Trump’s chosen successor to Powell. Tillis had refused for months to vote in favor of Warsh, stating he would not advance any Fed nominee’s confirmation while the Justice Department’s criminal investigation into Powell remained ongoing—calling the probe an attack on the central bank’s independence. However, that investigation appears to have concluded last Friday. (Jin10)
Odaily News Trader 0xSun posted stating that news-driven trading remains one of the more cost-effective strategies in the current crypto market, with its core lying in the directionality and volatility brought by events.Reviewing several recent events, including abnormal ETH transactions, Arc fee adjustments, TAO ecosystem changes, RAVE-related investigations, and the KelpDAO security incident, all triggered significant price fluctuations within a short period. He believes that participating in such opportunities relies on either the speed of information acquisition or the ability to judge the impact of events.Furthermore, he indicated that as the recent altcoin market has gradually cooled down, he has resumed the strategy of going long on BTC while hedging by shorting some altcoin assets. He believes that against the backdrop of relatively weak liquidity and the fading of certain narratives, the overall performance of altcoins may face relatively more pressure.
According to on-chain analyst Onchain Lens (@OnchainLens), Kelp DAO lost approximately $294 million in the cross-chain bridge exploit. As a result, $ZRO dropped from $2 to $1.40. A whale holding a long $ZRO position on HyperLiquid was partially liquidated, incurring a loss of $2.88 million. The whale still holds the position, with an unrealized loss exceeding $750,000 and a total loss of approximately $28.98 million.