Odaily Planet Daily News: According to Onchain Lens monitoring, about 30 minutes ago, pump.fun transferred 15 million USDC to Kraken, and a total of 18.1 million USDC has been transferred to Kraken in the past five months.
[Stream Finance Holds Approximately $75 Million mHYPER Leveraged Position] Hyperithm stated that over the past few weeks, Stream Finance has established a leveraged position in mHYPER and currently holds a leveraged position valued at approximately $75 million in mHYPER. The Hyperithm and Midas teams are collaborating with Stream Finance to support the gradual and orderly unwinding of the position and ensure the smooth execution of potential liquidation operations. mHYPER holders are not affected, and the vault will continue to operate normally.
[Binance CEO Richard Teng Outlines Three Core Priorities] On November 4, Binance CEO Richard Teng stated at Hong Kong Fintech Week 2025 that Binance has been focusing on regulatory trends and making early investments since the industry's early days. Teng mentioned that Binance founder CZ laid a strong foundation of compliance and a mission statement for the platform, while assembling a top-tier team. Teng highlighted three core priorities: 1. Continuously building the world's largest and best crypto ecosystem, offering secure, transparent, and powerful services; 2. Positioning compliance as a core competitive advantage, with the compliance team now exceeding 1,000 members and compliance investments growing by over 30% in both the past year and this year; 3. Promoting win-win collaboration and co-building the ecosystem, emphasizing that collaboration in the early stages of the industry is more important than pursuing scale.
The price of Bitcoin fell below $104000, continuing the overall decline in the cryptocurrency market recently. Market analysis shows that major cryptocurrency assets have been under pressure recently, and investor sentiment is becoming cautious. The community is concerned that market volatility may further intensify and needs to pay attention to future trends. （Decrypt）
[Upbit Supports Registering Sui Network Addresses via Phantom Wallet] Upbit has announced new support for registering Sui network addresses through the Phantom wallet. Users can select 'Phantom (Sui)' on the personal wallet address management page to complete the registration. After registering the address, users can deposit and withdraw digital assets on the Sui network through Upbit. The Phantom wallet currently supports both the Solana and Sui networks. Please note that hardware wallet address registration is not yet supported, and users must complete identity verification and two-factor authentication to use personal wallet services.
[Binance CEO: Clear Regulation and Institutional Participation Needed for Crypto Mainstream Adoption] On November 4, Binance CEO Richard Teng stated at Hong Kong Fintech Week 2025 that the mainstream adoption of cryptocurrency requires clear regulation and institutional participation. Regulatory attitudes toward the crypto sector have gradually shifted, and institutional entry will significantly enhance market depth and resilience through various investment horizons, strategies, and scales. Addressing concerns about whether institutional involvement might impact the decentralized nature of cryptocurrency, Richard Teng believes that the participation of centralized players can invigorate the market while leveraging the combined value of decentralized technology and centralized user experiences.