Giant Whale transfers 547700 ETH on chain to Binance

CZ stated that competition among cryptocurrency exchanges was put on hold at a critical moment, with even some competitors with unfriendly relations with Binance offering assistance.

Security firm Salus detected that approximately 3,600 stolen SOL tokens were transferred via automated scripts through multiple paths and stripped from the blockchain, flowing into the HitBTC hot wallet at 16:51 on November 3rd. Salus points out that HitBTC is involved in multiple cryptocurrency thefts and money laundering cases, with approximately $22 million in illicit funds flowing into the platform as of July this year. In the approximately $1.4 billion theft from Bybit, at least $3.68 million linked to North Korean money laundering networks flowed into HitBTC, and Bybit's requests for assistance in the investigation have not been responded to.

Binance increased its investment in AI detection technology after attackers used compromised computers and internal AI tools to take control of its wallets.

Open Standard announced its OpenUSD stablecoin management fee and equity incentive mechanism. OUSD will incur a management fee of 0.1 basis points per transaction, with a maximum of $0.01 per transaction, capped at $0.01 for transactions of $1,000 or more. Reserve proceeds, after deducting management fees, will be distributed to partners. Open Standard offers equity incentives based on the size of OUSD held and circulated by partners, with a minimum investment of $50 million and a maximum 5% stake for a single partner. OUSD is launched with the participation of companies such as Stripe, Visa, Mastercard, Coinbase, and Shopify.

[Société Générale Transfers $10 Million Worth of Tokenized U.S. Treasury Bonds as Collateral] Société Générale has transferred $10 million worth of tokenized U.S. Treasury bonds as collateral through the DTCC tokenization service. Salim Nemouchi, Head of Global Equities for the Americas at Société Générale, stated that the transaction demonstrates the transferability of tokenized collateral among market participants. Canton Network notes that the service initially focuses on U.S. Treasury bonds held and deposited with the DTC by DTCC members. (Source: Canton Network)