On November 2nd, Liquid Capital founder Yi Lihua stated that the market has withstood the black swan event in the short term. A Republican victory in the midterm elections would be a positive sign. He added that US Treasury yields have peaked, and the market is currently experiencing significant divergence. He believes that AI demand is real and, unlike the dot-com bubble, the short-term correction after overheating is within the normal range and has not reached the level of a major bubble.

[Star: OKX Tracking Stolen Binance Funds and Strengthening Internal Risk Controls] On November 2nd, OKX founder Star stated that the OKX team is tracking the stolen funds from Binance, identifying suspicious addresses and transactions, and taking measures to prevent money laundering through OKX or Web3 DEX aggregators. The team is assessing the potential impact of the incident on the market, strengthening risk controls to cope with liquidity shocks or cascading liquidations, while also researching attack methods, software development supply chains, and risks related to AI programming agents, and reviewing internal controls, access management, wallet infrastructure, and security architecture. Star emphasized that OKX has not been compromised and cannot guarantee absolute security or immunity from attacks.

Binance - BEAM is currently priced at $0.004955, up 5.16% in the last 24 hours. 24-hour trading volume was $100 million, down 38.6%. (For reference only)

Last week, the total market capitalization of stablecoins decreased by $4.53 billion. DEX spot trading volume increased by 24.06%, contract trading volume increased by 5.79%, and protocol revenue increased by 9.22%, with BeaverBuild's revenue increasing by 44,812%. Listed companies net purchased 1,462 BTC ($113.44 million), Strategy bought 810 BTC ($62.85 million), and Bitmine bought 8,573 ETH ($19.52 million). (Lookonchain)

Trade.xyz restored its GitBook documentation after experiencing unauthorized activity and advised users to avoid clicking links during the investigation.