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According to Jinshi Data, foreign media cited two informed sources reporting that senior officials in the White House are discussing whether to ask Secretary of Commerce Gina Raimondo to resign. Raimondo has recently faced increasing criticism, and her performance in office and related regulatory controversies have raised questions among congressional members.The report stated that the relevant criticism had emerged before NVIDIA CEO Jensen Huang announced his resignation. A White House official stated that Trump still fully trusts Raimondo and her capabilities in office. The White House has not yet made a formal response regarding Raimondo's future.

Binance posted on platform X that it has completed the coverage of all affected assets from the previous security incident and released a new reserve proof snapshot. After the zero-knowledge proof is generated, users can independently verify whether their assets have at least 1:1 reserve support.

According to CNN, despite the increasing scrutiny surrounding Nvidia (NVDA.O), Trump continues to support U.S. Secretary of Commerce Gina Raimondo.

According to The Block, Securitize and Ethena Labs have launched a $100 million BlackRock tokenized fund BUIDL all-weather liquidity tool, allowing eligible investors to exchange BUIDL shares for supported stablecoins like USDC outside of traditional market trading hours.The tool launched with an initial liquidity of $50 million, split evenly between BUIDL and USDC, and once the liquidity is used, an additional $50 million can be replenished within an hour.

According to Cointelegraph, the Securities and Exchange Commission (SEC) of Thailand has released a draft proposing that regulated cryptocurrency operators set a daily deposit and withdrawal limit of 5 million Thai Baht (approximately 148,000 USD) for each customer regarding stablecoins. This limit will be calculated separately for each operator, applying to both deposits and withdrawals. The regulatory body stated that this move aims to curb money laundering, cybercrime, and the evasion of cross-border fund transfer regulations.The draft also prohibits the transfer of stablecoins in and out of third-party wallets, requiring operators to verify that customers own the accounts or wallets used for deposits and withdrawals. Operators must also comply with the Travel Rule, which involves collecting and sharing information related to transfers and using blockchain analysis tools to identify wallet addresses associated with suspicious activities.Additionally, the draft requires cryptocurrency exchanges to disclose their list of market makers and specify the assets that these market makers provide liquidity for; cryptocurrency brokers are not allowed to use liquidity providers for trading pairs of stablecoins with Thai Baht; a minimum threshold of 3 million Thai Baht will apply to certain over-the-counter transactions. This draft continues the consultation initiated by the Thai SEC in September, during which it had already proposed limits on stablecoin transfers and recommendations for strengthening the regulation of cryptocurrency operators.

Inflation data for October in the United States sends multiple warning signals. The data shows that the core CPI rose by 0.3% month-on-month, higher than the market expectation of 0.2%, exceeding expectations for the third consecutive month; the overall CPI rose by 0.4% month-on-month, also above expectations. The impact of rising energy prices is spreading to areas such as food and transportation, and service inflation remains robust, further complicating the Federal Reserve's efforts to control inflation.Specifically, food prices in the U.S. rose by 0.5% month-on-month in October, with grocery prices recording the largest monthly increase since April; urban transportation service prices saw the largest monthly increase since 2020, and prices for airline tickets and delivery services also increased. Additionally, service prices excluding energy and housing rents rose by 0.4% month-on-month, while owners' equivalent rent increased by 0.3%.AI investments are bringing new cost pressures. Over the past three months, the annualized price increase for computers and peripheral devices in the U.S. reached 25%, and electricity prices rose by 0.9% month-on-month in October, marking the largest increase in six months. Morgan Stanley estimates that AI-related factors have contributed about 6 basis points to the core CPI this year, with the current impact still relatively limited, but as data center investments expand, related pressures may rise further.In terms of monetary policy, Chicago Fed President Goolsbee described the latest inflation data as approaching an alarming level. Fed Governor Waller previously stated that if the core CPI month-on-month increase reaches 0.3% or higher, the December meeting should consider raising interest rates by 50 basis points. Goldman Sachs has included a forecast for an additional 25 basis point increase in March 2027, expecting that the target range for the federal funds rate will rise to 4.25% to 4.50%. However, some economists warn that there is a lag in the transmission of energy prices, and over-reliance on current data may lead to excessive tightening of monetary policy.

According to PR Newswire, the Depository Trust & Clearing Corporation (DTCC) announced plans to integrate its Tokenization Service (DTCC Tokenization Service, DTS) with Solana's Layer 1 network, allowing eligible assets held by DTC to be converted into token form and to gain corresponding token lifecycle functionalities. This integration is expected to go live in the second half of 2027.DTS was officially launched on October 28, and this integration with Solana is an extension of its "multi-chain strategy." DTCC stated that after the integration, DTC tokenized assets will retain the same investor protections, ownership rights, and regulatory safeguards as traditional held securities, while enhancing liquidity, collateral liquidity, and capital efficiency.DTCC President and CEO Frank La Salla stated that this brings regulated DTC tokenized securities to another mainstream blockchain ecosystem; Brian Steele, President of Clearing and Securities Services, emphasized that the service is a "secure, interoperable, and market-neutral" infrastructure; Nadine Chakar, Global Head of Digital Assets at DTCC, mentioned that interoperability is key to the scalability of digital markets; Nick Ducoff, General Manager of Institutional Business at the Solana Foundation, stated that after the integration, tokenized securities can be settled and circulated like other on-chain assets.

According to the Hong Kong Securities and Futures Commission, it co-hosted a seminar with the Hong Kong Monetary Authority on November 11, attended by over 200 industry professionals. The seminar topics included the opportunities brought by tokenization for secondary market trading and corporate treasury management, financial infrastructure optimization measures supporting payment and liquidity management, the role of virtual asset trading platforms in facilitating tokenized fund trading and providing liquidity, as well as cases promoting the broader application of tokenized currencies and tokenized investment products.The Executive Director of the Investment Products Division of the Hong Kong Securities and Futures Commission, Wu Jiali, stated that the development of tokenization in Hong Kong is moving from the experimental stage to commercial application, with the next phase focusing on integrating tokenized investment products, digital currencies, and financial infrastructure to drive practical applications. The Assistant Chief Executive (Financial Infrastructure) of the Hong Kong Monetary Authority, Zhou Wenzheng, stated that the Monetary Authority will continue to work closely with the Securities and Futures Commission to promote responsible innovation in the field of tokenization.

Seedance announced the launch of the video generation model Seedance 2.5 flash, which supports generating videos up to 30 seconds long in a single instance, allowing for a maximum input of 10 images, 5 video segments, and 5 audio segments, providing resolutions of 480P and 720P.The official statement indicated that the generation speed of this model is twice that of Seedance 2.5; for example, the generation cost for video generated from text and images at 720P is approximately 0.99 yuan/second, which is about 34% lower than Seedance 2.5.Seedance 2.5 flash will gradually be available on platforms such as Jimeng, LibTV, Updream, Creao AI, and TapNow starting today, with the API expected to go live on November 15 on Volcano Ark.

Gate released the transparency report for October 2026. The report shows that in October, Gate officially launched Gate Money around the strategic concept of "One Gate, Everything Money," integrating global bank accounts, fiat currencies, digital assets, stocks, and payment services. Eligible users can open a global electronic bank account of the same name online. Currently, users can enjoy SWIFT cross-border payment services for four major fiat currencies: USD, EUR, GBP, and AED, with both account management fees and withdrawal fees reduced by 50%, streamlining the entire process from "account opening --- funds --- assets --- consumption."In the future, this service plans to expand to markets in Europe, Australia, Dubai, and support the receipt of over 60 local currencies. In terms of trading and wealth management ecosystem, CoinDesk's monthly "Exchange Review" shows that Gate's derivatives trading volume in October reached $394 billion, maintaining its position as the third largest global centralized exchange (CEX); spot trading volume grew against the trend by 2.1% to $49.8 billion, with a market share increase ranking second globally. Idle Money's holdings exceeded $340 million, Launchpool's monthly staking amount surpassed $575 million, and the additional rewards from Idle Money increased significantly by 61.04% month-on-month.While rapidly expanding its business, Gate continues to solidify its security foundation, with total reserves rising to $8.688 billion in October, a month-on-month increase of 5.7%, and the overall reserve ratio rising to 118.49%, ensuring comprehensive protection of user asset security with ample excess reserves.

According to Tom's Hardware, residents of Effingham County, Georgia, have sued OpenAI and local county officials, accusing them of secretly advancing a data center worth approximately $20 billion. The lawsuit is based on Georgia's extortion law, allowing the plaintiffs to seek triple actual damages, while also raising claims of fraud and conspiracy. The complaint states that the head of the county's industrial development authority signed a non-disclosure agreement with OpenAI in October 2025, about nine months before the project's public announcement.The complaint also alleges that the industrial development authority approved the arrangements with only Project Gateway listed on the agenda, and that the county commissioner allegedly skipped two statutory hearings when changing the zoning for industrial land. Local reports indicate that the project is named Project Camellia, which is proposed to be built by OpenAI's affiliate Octans GA on approximately 1,440 acres of land in the Savannah Gateway Industrial Park. The complaint was filed in Effingham County State Court on November 6, with plaintiffs Michelle Finch-Mincey, Lehman Mincey Jr., and Raymond Carver. A spokesperson for the county commission stated that they would not comment on pending litigation.

Binance's Chief Security Officer Jimmy Su stated in a July interview that fake job interviews could lure employees into running malicious code on company devices, leading to device control, credential theft, and infiltration of internal networks.In September, a Binance software engineer downloaded a malicious programming assignment to their work computer during a fake interview; Binance's preliminary investigation indicated that this incident was part of a multi-stage attack in the October theft case. Jimmy Su also pointed out that attackers might exploit seemingly normal technical assessment steps to bypass antivirus tools. Binance's subsequent investigation revealed that the installer for the malicious assignment evaded endpoint security tools through obfuscation and other evasion techniques.Binance stated that it has intercepted 57 suspected cyber threats related to North Korea so far this year, approximately one every five days. After the October attack, Binance announced that it has strengthened device and access controls, rebuilt affected wallet systems and internal AI tools, and increased investments in endpoint protection and development environment security.

According to monitoring by Mlm on chain, Nvidia (NVDA) has currently become the largest HIP-3 market by open contract size on Hyperliquid, and it is the fourth largest market on the platform, only behind BTC, ETH, and HYPE. Its open contract size has reached 535 million dollars, growing 5.8 times in the past 7 days, which is 2.4 times the previous peak of 227 million dollars in June of this year.Currently, the NVDA market's daily trading volume has surpassed 1 billion dollars for the first time. The largest single position is a short position of 348,000 shares of NVDA held by Jump, valued at approximately 56 million dollars, which is a non-directional position. The largest directional position is a long position of 191,000 shares of NVDA, valued at approximately 30.7 million dollars, which has been gradually built up over the past 24 hours, with an average entry price of 174.43 dollars, currently showing an unrealized loss of about 2.6 million dollars.The market has a total of 9,517 trading wallets, of which 83% hold long positions; market makers account for 70% of the short open contract size. The average entry price for longs is currently 169.55 dollars, while the mark price is 160.66 dollars, which is about 5.2% lower than the average entry price. The total unrealized losses for all NVDA long positions have reached 14.6 million dollars.

This week, the U.S. Securities and Exchange Commission (SEC) submitted a court brief (amicus brief) in support of the U.S. Commodity Futures Trading Commission (CFTC). Previously, the CFTC was sued by the Capital Markets Alliance (CMA) last week, which sought to overturn the CFTC's approval of individual stock perpetual derivatives. CMA is an industry organization with members including Cboe and Citadel Securities.In the brief, the SEC rebutted CMA's claim that the CFTC has "gone rogue," stating that the CFTC's new rule changes are also subject to SEC review, and that the SEC and CFTC frequently collaborate, which is crucial for regulating stock perpetual contracts. The SEC indicated that its brief clarifies that the description of "CFTC out of control, SEC absent" is incorrect. CMA claimed in the lawsuit that the CFTC violated the Administrative Procedure Act because these perpetual derivatives should fall under SEC jurisdiction and requested the court to "overturn the approval."Subsequently, several cryptocurrency companies, including Coinbase, Kraken's parent company Payward, Kalshi, DRW Holdings, Paradigm, and Jump Trading, submitted a joint brief opposing CMA. Among them, Coinbase, Kalshi, and Payward have submitted applications to the CFTC for listing stock perpetual contracts linked to U.S. stocks, which were considered approved on November 2. The economic advocacy organization Better Markets and former SEC Commissioner Allison Herren Lee also submitted a brief, arguing that these new products should be regulated by the SEC. Better Markets stated that these products are essentially security swaps and should be regulated by the SEC to provide strong investor protection.

Former Chairman of the U.S. Commodity Futures Trading Commission (CFTC) Chris Giancarlo stated in an interview with Bitcoin Magazine that the Democratic Party has taken control of both houses of Congress, and the direction of Bitcoin and cryptocurrency regulation will face new challenges. He pointed out that the U.S. Securities and Exchange Commission (SEC) and CFTC have clarified their respective regulatory scopes, and currently, both sides are cooperating smoothly.Giancarlo believes that the upcoming debate over regulatory jurisdiction "is less about good regulation and more about territory." He also mentioned that the progress made by the Depository Trust & Clearing Corporation (DTCC) in tokenized collateral indicates that regardless of how Washington's policies change, Wall Street is moving towards digital network finance.Giancarlo, known as "Crypto Dad" for his long-standing support of the cryptocurrency industry, also discussed topics such as stablecoin regulation, the regulatory status of prediction markets and perpetual contracts, as well as central bank digital currencies in this interview.

According to Gate data, U.S. cloud service providers and the storage sector continue to strengthen, with CoreWeave's increase expanding to 20% and NEBIUS rising over 15%. At the same time, the Philadelphia Semiconductor Index's increase expanded to 5.10%, reporting 10,500.83 points, as the U.S. semiconductor sector surged.SanDisk surged over 14.7%, Lumentum rose over 12.6%, Micron Technology increased over 11.2%, Coherent rose over 11%, and Seagate Technology increased over 10.2%; SK Hynix rose over 9.6%, Marvell Technology increased over 9.1%, Arm Holdings rose over 9.0%, Intel increased over 6.9%, Lam Research, Broadcom, Applied Materials, and AMD rose over 5%, TSMC increased over 3.4%, and NVIDIA rose over 3.0%.

According to The Block, OKX and the New York Stock Exchange's parent company Intercontinental Exchange's joint venture OKXICE plan to launch a tokenized securities trading platform on November 23, applicable to the five-year innovation exemption from the U.S. Securities and Exchange Commission (SEC).The two companies stated that they have currently confirmed 70 assets from issuers such as Coinbase, Circle, and Robinhood, as well as 59 exchange-traded funds. U.S. customers who complete the account opening process and hold a CeDeFi wallet can use the platform.The report noted that as of the documents dated November 5, 67 companies have chosen not to allow their stocks to be traded in a tokenized manner on the platform, including Meta, Tesla, and Netflix.

This week, the New York Stock Exchange chose Avalanche to provide infrastructure for its upcoming tokenized securities platform. On Monday, Ava Labs announced that Avalanche will serve as the "core ledger technology" for the tokenized securities platform being developed by the NYSE's parent company, Intercontinental Exchange. The product is designed to support 24/7 trading, clearing, and settlement of tokenized securities, pending regulatory approval.Market maker GSR research analyst Carlos Guzman stated that this is a "significant victory for the project," as the NYSE's choice of its technology for settlement greatly enhances institutional credibility and validates the value that blockchain technology brings to traditional financial infrastructure through instant settlement and programmability. Luther Maday, North America head of crypto payment company Mercuryo, mentioned that this decision was made after approximately a year of testing on Avalanche, indicating that the network has passed tests for performance, reliability, and control.Experts also remind that providing infrastructure does not necessarily mean the long-term value of the AVAX token will rise. Guzman pointed out that while the NYSE will use Avalanche infrastructure for clearing and settlement, actual transactions will still occur off-chain, with related activities running on dedicated infrastructure rather than the public C-Chain that carries most of the network's activities. Misha Putiatin, founder of Symbiotic, stated that the main challenge for Avalanche is whether it can achieve "value capture" that is difficult for other blockchains. According to Decrypt data, AVAX rose 3.6% in the past 24 hours to $8.64.