Binance CEO publicly responds for the first time to the $6 billion hacking incident.

AI inference startup Fal has raised $1.3 billion in Series F funding, increasing its valuation from $8 billion to $16 billion. The round was led by Bessemer Venture Partners, with participation from Nvidia, Sound Ventures, HOF Capital, and T. Rowe Price. (Source: Bloomberg)

Between November 1st and 2nd, approximately 313,000 ETH flowed out of exchange addresses, reducing the proportion of Ethereum supply on exchanges from 3.56% to 3.20%. (Source: Santiment)

European Central Bank Governing Council member and Bundesbank President Nagel stated that rising energy prices are exacerbating inflation risks. Eurozone inflation is projected to reach 4% in September, double the ECB's 2% target, while core inflation is expected to remain at 2.5%. Unless the inflation outlook improves significantly, a December rate hike is likely unavoidable. (Source: Jinshi)

UBS estimates a 50% probability that Democrats will control both houses of the U.S. Congress, while market forecasts indicate a 94% probability of Democrats controlling the House of Representatives and a 77% probability of them controlling the Senate. UBS believes that a full Democratic control of Congress would affect President Trump's fiscal agenda and the 2027 debt ceiling negotiations.

Asset management firm Creative Planning increased its Bitcoin ETF holdings by 43% in the third quarter, holding assets worth $47 million, including IBIT, FBTC, and GBTC, and also increased its MSTR holdings to $16 million. (Bitcoin Archive)