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According to the Forbes official website, in the latest release of the 11th annual Fintech 50 list, the prediction market platform Polymarket (funding of $2.3 billion), the digital asset securities company Securitize (funding of $425 million), the crypto wallet Phantom (funding of $268 million), the crypto lending company Ledn (funding of $107 million), and the decentralized contract trading platform Hyperliquid (funding of $0 million) made the list.Forbes points out that although the valuation of the cryptocurrency industry is relatively conservative compared to artificial intelligence startups, it still demonstrates innovation and rapid growth potential. According to CB Insights data, the total amount of private financing in fintech is expected to reach $53 billion by 2025, significantly lower than the $152 billion in 2021.

According to Cointelegraph, Elon Musk announced that the external beta version of X Money will be launched in the next 1-2 months, aiming to become the central platform for all currency transactions.

In response to the collective departure of the Zcash development team, the nonprofit organization behind the project, Bootstrap, clarified that the governance disputes leading to the departure of team members stemmed from legal restrictions faced while seeking external investment. Discussions have been held regarding "alternative structures for external investment and the privatization of Zashi," while collaborating with legal advisors to ensure that any path forward complies with U.S. nonprofit laws, aligns with Zcash's long-term mission, and does not jeopardize the broader Zcash community.

Ethereum founder Vitalik reiterated the purpose of Ethereum, stating, "The creation of Ethereum is not to make finance more efficient or applications more convenient, but to give people freedom." This is an important and controversial statement from the "Unpermissioned Manifesto" that deserves our re-examination and a better understanding of its meaning. Words like "efficient" and "convenient" imply improving the average situation in an already quite good context. Efficiency refers to allowing the world's best engineers to pour their souls into reducing latency from 473 milliseconds to 368 milliseconds, or increasing the yield from 4.5% APY to 5.3% APY.Convenience means enabling people to register in 20 seconds instead of 1 minute with just one click instead of three. These things may be well done. But we must understand that we can never outplay the corporate players in Silicon Valley in this game.Therefore, the main underlying game that Ethereum must play must be a different game. This game is resilience. Resilience is not about 4.5% APY versus 5.3% APY, but about minimizing your risk of suffering -100% APY. Resilience means that if you become politically unpopular and get banned, or your application developers go bankrupt or disappear, or Cloudflare goes down, or a cyberwar breaks out, your 2000 milliseconds of latency still remains at 2000 milliseconds. Resilience is that anyone, anywhere in the world can access the network and become a top-tier participant.Resilience is sovereignty, in the sense of "digital sovereignty" or "food sovereignty"—actively reducing vulnerability to external dependencies that can be arbitrarily stripped away at any time. This is the game that Ethereum is suited to win. Ethereum must first and foremost be a decentralized, permissionless, and resilient block space—then make it rich.

According to the token unlock data from the crypto asset data platform RootData, Xterio (XTER) will unlock approximately 44.53 million tokens at 10:00 AM Beijing time on January 8, valued at about 1.33 million USD.

Vitalik retweeted "Walletbeat has not yet included embedded wallets, but will include them in the future" and stated, "I would like to add one more thing: there should be support for connecting other wallets from the very beginning: if I am using a DApp with a built-in wallet, and I already have an Ethereum wallet, it should automatically set that Ethereum wallet as my recovery wallet."

According to an official post from OKX on social media, they have found conclusive evidence that multiple associated accounts were collaborating to use a large amount of OM to collateralize and borrow USDT, artificially driving up the price. After the risk control team intervened, the other party refused to cooperate, and OKX subsequently took over the related accounts. Shortly thereafter, OM plummeted, and OKX only liquidated a small amount of OM, with the related losses fully covered by the OKX security fund.Multiple third-party analyses indicate that the price crash was primarily triggered by perpetual contract trading on non-OKX platforms, raising questions about the unusual source of OM and its highly concentrated token control. The OKX security fund operates entirely according to its designed mechanism.Currently, OKX has submitted complete evidence to regulatory and law enforcement agencies, and multiple legal proceedings are underway.

Binance co-CEO He Yi posted on social media that his personal WeChat account has been recovered. He currently suspects that the perpetrator continues to add him as a friend under the pretense of providing feedback and seeking help, using external verification to change the password.

The CEO of UXLINK, Rolland Saf, released a security incident review report, providing a comprehensive explanation of the asset theft incident and emphasizing that this event was not caused internally by the project team.According to the report, the attackers disguised themselves as business partners and utilized deepfake video conferencing to breach the personal devices of several SAFE key holders over several months, stealing sensitive information such as passwords and private keys, ultimately gaining control of the old arb-UXLINK smart contract. The hackers then illegally minted tokens, transferred, and sold assets, resulting in total losses exceeding $11 million. The incident occurred during the Korea Blockchain Week, with several core members present on-site. The team quickly reported to exchanges, cooperating security agencies, and law enforcement in multiple countries, confirming that the attack originated externally rather than internally.Rolland Saf pointed out that the stolen assets were distributed among USDT, ETH, BTC, etc., with some assets already recovered with the assistance of exchanges for repurchase. The report explicitly denied speculation of a "runaway," stating that UXLINK has real revenue, commercial clients, and a global user base, and that the entire incident was kept open and transparent. The team has completed contract reconstruction, restoring 479 million circulating tokens on a 1:1 basis, and unlocked 12% of tokens in advance for compensation to users of major exchanges based on governance voting. Currently, law enforcement in multiple countries has intervened in the investigation, and related addresses are being continuously monitored. UXLINK stated that it will continue to strengthen its security system and promote business developments such as AI growth and the payment ecosystem FujiPay, emphasizing that the project's long-term prospects are stable and still in a rapid growth phase.

According to Politico, the UK government is considering banning the use of cryptocurrencies for political donations to avoid foreign interference in the political donation system.Previously, Reform UK became the first UK political party to accept cryptocurrency donations. Led by Farage, Reform UK has rapidly risen in UK polls and was the first to announce earlier this year that it would accept cryptocurrency donations as part of its commitment to the UK's "crypto revolution," having already received its first batch of crypto asset donations.Although the upcoming Elections Bill policy document from the UK government initially did not mention a ban on cryptocurrency donations, three insiders have revealed that officials are currently discussing whether to completely prohibit funding UK politicians with cryptocurrencies.Farage, the recognized actual leader of Reform UK, has long held some crypto assets himself. He has stated to the cryptocurrency industry that he is "the only hope for the UK crypto industry" and has attempted to emulate his long-time ally—U.S. President Trump’s broad embrace of cryptocurrencies.

HyperLiquid co-founder Iliensinc posted on Discord to clarify that Hyperliquid has never conducted any external financing, so there is no investor HYPE token unlock. As of now, a total of 1.75 million tokens have been allocated to various team members, each with different lock-up arrangements, and they can decide how to handle their unlocked tokens.

According to The Block, Wormhole Labs (the team behind the cross-chain protocol Wormhole) has officially launched Sunrise, a data and liquidity gateway focused on the Solana ecosystem.Sunrise is positioned as the "standard path" for external assets flowing into Solana. It provides users with a unified interface to transfer tokens from different chains to Solana with one click, and upon arrival, they can immediately access DeFi scenarios within the Solana network, achieving a seamless experience of "liquidity on day one."According to the announcement, Sunrise aims to address the common issue of "liquidity fragmentation" when new tokens cross chains, ensuring that assets launched on new chains can be traded on various decentralized exchanges on Solana from day one. Sunrise will use Monad's MON token as its first significant test case, with MON token trading set to begin tomorrow.

AI and Robotics Infrastructure Economic Layer Project GAIB Official StatementToday, GAIB released an official statement regarding the incident of external organizations prematurely selling tokens on the day of TGE and announced the launch of the GAIB official buyback plan. In the statement, GAIB emphasized that the approximately 5 wallets identified by the community, each selling about 1 million GAIB, are neither team members, advisors, nor any internal entities. All tokens held by the team and core contributors are currently locked, and the GAIB team has not sold any tokens.After an internal investigation, it was found that these wallets belong to multiple external market institutions from various regions. According to their cooperation agreements prior to TGE, the tokens they received were only to be used for community activity incentives after the launch and were explicitly prohibited from being sold prematurely. However, some institutions violated the agreement and unilaterally sold tokens on the day of TGE, constituting a serious breach of contract. GAIB has issued a formal notice to the relevant institutions, demanding a full buyback of all sold GAIB tokens, providing on-chain buyback proof, and bearing all consequences of the breach.However, the relevant institutions did not provide a clear response. GAIB will immediately initiate the official buyback plan, with the team directly starting to buy back the tokens that were sold in violation on the market, ensuring that the interests of the community are not affected by any third-party actions. GAIB stated in the announcement: "We will not let the community bear any consequences. The buyback plan is our commitment to responsibility and transparency." GAIB will announce the latest progress to the community as soon as further details of the buyback execution are obtained.

Nillion officially stated regarding the abnormal fluctuations in the NIL price that there has been no transfer of team tokens or treasury tokens, and all Nillion wallets remain completely secure. The network is operating normally and will not be affected. External variables are under investigation, and the results will be announced as soon as possible.

Re7 Labs posted on platform X that it has taken measures to address and mitigate issues in multiple markets, including xUSD, deUSD, sdeUSD, sUSDX, and USDX. An event review has been released:Stream (xUSD): At the beginning of October, Re7 Labs discovered that Stream was using its token xUSD as collateral to borrow USDT0. Although the CEO of Stream assured that the position was stable, its outstanding positions subsequently began to incur high borrowing rates. On October 29, Re7 Labs contacted Stream again, and Stream subsequently repaid part of the loan. To prevent the risk from expanding, Re7 Labs has withdrawn all funds from the xUSD market and halted new deposits in that market.Elixir (deUSD and sdeUSD): On October 21, Elixir requested a distribution limit of $6 million to $7 million from the Re7 Labs Euler Earn USDT0 vault, after which the funds were lent out, causing the utilization rate of all sdeUSD and deUSD markets to reach 100%. On October 27, Re7 Labs discovered that the borrower was associated with Stream and immediately began to reduce its risk exposure to Stream and Elixir. By November 6, all borrowing positions using sdeUSD as collateral on Plume had been fully repaid. The total impact caused by Elixir was approximately $13.974 million.Stable Labs (USDx and SUSDx): On November 4, Re7 Labs monitored accounts related to the largest holders of sUSDX and USDX transferring funds to Binance, while borrowing rates soared. After unsuccessful communication with Stable Labs CEO Flex, Re7 Labs took protective measures such as lowering the supply cap and adjusting risk parameters. On November 6, Lista liquidated malicious positions through a DAO proposal, avoiding approximately $3 million to $4 million in bad debts. The total impact caused by Stable Labs was approximately $13.114 million.Re7 Labs stated that it is currently communicating with external partners and legal advisors, seeking detailed legal advice to formulate a response strategy.

According to CoinDesk, sources say that the cryptocurrency hedge fund Lantern Ventures is returning funds to external investors and has currently stopped accepting new investments, potentially facing dissolution.It is reported that the company is looking for buyers or considering a rebranding as a family office. At its peak, Lantern Ventures managed assets of about $600 million and was founded by some former members of Sam Bankman-Fried's Alameda Research. Currently, several employees of the hedge fund may face unemployment.

ChainCatcher news, according to analyst Yu Jin's monitoring, the group of addresses with large profits mentioned by Bubblemaps on COAI likely belongs to external quantitative or arbitrage groups, rather than project addresses.Yu Jin pointed out that these addresses have a highly similar method of extracting BNB from Binance and creation time (both on March 25), indicating they are from the same entity; however, since July, these addresses have been actively trading dozens of Alpha tokens almost daily, with daily transaction counts reaching thousands. Statistics show that each address has traded over 240 types of tokens in the past 30 days, with transaction counts exceeding 45,000, which aligns with the characteristics of quantitative or arbitrage bots (BOT).

ChainCatcher news, according to token unlocking data from the crypto asset data platform RootData, Xterio (XTER) will unlock approximately 40.04 million tokens at 10:00 AM Beijing time on October 8, with a value of about 3.67 million USD.

ChainCatcher message, according to the Web3 asset data platform RootData X tracking data, in the past 7 days, the cross-platform play-to-earn developer and publisher Xterio has been the project with the most new followers among X (Twitter) Top figures. New influential figures following this project include crypto industry KOL WSBMod (@wsbmod) and crypto industry KOL 嗯哼 (@enheng456).