An arbitrage window emerged during the Binance attack, with a single address profiting approximately $3.47 million.

U.S. Vice President Vance sent a letter to Iranian leaders proposing to end the war through direct negotiations and ensure Iran does not acquire nuclear weapons, while suggesting a meeting in Istanbul or Doha. Vance requested that Iran send an authorized representative to discuss the nuclear issue and identified Rezaei as a key figure in pushing Iran to halt its nuclear program. (Source: Jinshi)

Sumitomo Mitsui Financial Group will invest approximately 5% in SBI Startale Marketing, a joint venture between SBI Holdings and Startale Group. Sumitomo Mitsui Financial Group plans to leverage its 24 million individual customer base to collaborate with SBI in developing financial services using the Japanese yen stablecoin JPYSC for asset management and payments. JPYSC is issued by SBI Shinsei Trust Bank, with an outstanding balance of approximately 20.8 billion yen as of October 30. Sumitomo Mitsui Banking Corporation is also pursuing a joint issuance of stablecoins with Mitsubishi UFJ and Mizuho Securities, and confirmed the feasibility of this joint issuance model on October 16.

According to BBX, global capital markets yesterday demonstrated an astonishing pace of evolution in the innovation of crypto financial instruments and the discovery of underlying interest-bearing assets. Market focus has shifted from simply accumulating Bitcoin in the spot market to more sophisticated structured product design and cutting-edge decentralized artificial intelligence. —Product Breakthrough: Franklin Templeton listed two ETFs, FBEQ and FIBT, pioneering the "95% stocks + 5% Bitcoin" model, using US stock dividends to invest in digital gold. —Cross-border computing power: London Stock Exchange-listed entity KR1 spent a lot of money to buy and pledge 5,000 TAO tokens to enter Bittensor node operation and gain an annualized cash flow of 6.6%. —Pragmatic cash-out: Hong Kong-listed Ruihe Digital sold 38.76 BTC for $3.12 million in working capital, demonstrating the resilience of its financial resources. The market is showing a clear dual evolution trend: "traditional asset management giants are using dividend reinvestment mechanisms to build compliant and continuous passive buying channels for crypto spot trading" and "native crypto listed entities are accelerating the transformation of treasury assets from static storage to high-yield decentralized AI infrastructure operation". Source: bbx.com

Liquid Capital founder Yi Lihua said that the strong support level of $79,000 was broken by the black swan event, and the originally planned levels of $75,000 and $71,000 need to be re-evaluated and adjusted. However, the best time to buy the dip is when the impact of the black swan event subsides and the midterm elections are over.

[Binance attackers transfer $1 billion in ETH, suspected of money laundering] The hacking group behind the $580 million Binance attack has transferred over $1 billion in ETH to a new wallet, suspected of preparing to launder the funds through mixers such as Tornado Cash and other mixing services.