Web3Auth service experienced a security issue, resulting in unauthorized transactions involving some social login accounts on Keplr Wallet.

Huang Licheng sold 15 NFTs in the past 5 days at a loss of $505,000, and has lost all of the $223,000 raised. Huang Licheng sold 12.5 ETH of Bored Ape Yacht Club #32 on OpenSea, for approximately $28,000. Currently, Huang Licheng has a long position of 540 ETH with 25x leverage, with an opening price of $2,304.23 and a liquidation price of $2,203.40, resulting in a current unrealized loss of $32,000.

Several Democratic members of Congress have indicated they will push for the repeal of current tariff policies. Massachusetts Representative Neil stated he will reverse the Trump administration's tariff and trade agreements; Oregon Senator Wyden said he will push for legislation targeting tariffs imposed during the Trump administration's second term; and New York Senator Jeffries stated that tariffs are driving up the cost of living. Analysts believe that Trump can use his veto power to check Congress, making it unlikely that existing tariffs will see substantial easing in the short term. (Source: Xinhua News Agency)

On November 6, the Hong Kong Securities and Futures Commission published its consultation conclusions, and the proposed revisions received market support. The Hong Kong Securities and Futures Commission (SFC) has expanded its list of restricted titles and established an update mechanism to extend regulatory coverage to the virtual asset sector, aiming to reduce investor misjudgment due to the names of institutions.

The market capitalization of tokenized stocks on X Layer increased by $79.6 million in 7 days. This growth surpasses Arbitrum's $14.3 million and Robinhood Chain's $7.1 million.

Web3Auth has stated that its service has encountered a security issue, affecting some third-party platforms. It has currently suspended its embedded wallet service, and preliminary investigations indicate that MetaMask users have not been affected. Keplr Wallet has stated that it has received reports of unauthorized transactions from some accounts created via Google or Apple login and is investigating the matter in conjunction with the Web3Auth team. Keplr accounts created using mnemonic phrases or hardware wallets are unaffected.