The Sui Foundation has invested $30 million in the AI data protocol DATA Network, which will be migrated to the Sui blockchain and become a native protocol. Its independent chain will be discontinued. The existing DATA tokens will be migrated to the Sui network in a 1:1 ratio, and the DATA network will continue to operate until the migration is completed.

Caroline Pham, Chief Legal Officer of MoonPay and former Commissioner of the US Commodity Futures Trading Commission (CFTC), stated that cryptocurrency regulation does not require congressional legislation and can be promoted solely through regulatory agencies setting rules. She stated that the regulatory jurisdiction of the CFTC is almost all encompassing, as the Commodity Exchange Act stipulates that almost all items, except onions and movie box office revenue, are considered commodities.

[South Korea Plans to Promote Security Tokenization, Annual Net Purchase Limit for Retail Investors Set at 100 Million KRW] The South Korean Financial Services Commission plans to amend the *Electronic Securities Act* and the *Capital Markets Act* to gradually introduce the tokenization of stocks, bonds, and funds, with an annual net purchase limit for retail investors set at 100 million KRW. The deadline for public comments on the proposed amendments is November 11, and the implementation is scheduled to align with the effective date of the law on February 4, 2027. In the initial phase, settlements will continue to use the existing cash settlement system of the Korea Securities Depository. (Source: EToday)

A certain whale sold 410.14 BTC worth $34.16 million on Hyperliquid, and then bought 143.41 ETH worth $36.14 million on DEX.

Analyst Murphy stated that long-term holders (LTH) transferred 32000 BTC to the trading platform on October 7-8, including 17200 BTC transferred by the US government to Coinbase Prime. After excluding this special transfer, the remaining 14800 BTC come from long-term chips with a coin age of 6-12 months and 3-5 years. The daily average transfer of 2000-3000 BTC during the bear bull transition period LTH is within the normal range, and the market should pay attention to the turnover of chips.