XBOW disclosed and fixed a vulnerability in the U.S. Election Assistance Committee's web application.

The Crypto Innovation Council (CCI), along with members such as Bitwise, Galaxy Digital, and Morpho, submitted a 238-page report to the U.S. Securities and Exchange Commission (SEC), recommending differentiated regulation of on-chain vaults based on the degree of control operators have over user assets and investment decisions. Vaults that automatically execute lending strategies according to fixed rules should be subject to different standards than products that allow operators to independently select loans, adjust terms, and reallocate funds; the greater the control, the more it should be subject to securities regulation. For vaults that may be classified as investment companies, the CCI recommends that the SEC follow the ETF approach, first approving exemptions on a case-by-case basis, and then developing uniform rules based on industry conditions.

The US-based Bitcoin ETF saw its first net outflow in the past 30 days, with a single-day outflow of $292 million on October 26th. However, it has since resumed net inflows this week. (glassnode)

[Cysic Restores Cross-Chain Bridge Service and Burns 7.2 Million CYS] Cysic announced that its cross-chain bridge service has been fully restored, allowing users to transfer CYS between the Cysic mainnet and other supported blockchains again. In addition, Cysic has permanently burned 7.2 million CYS on the BNB Smart Chain; this operation has been recorded on the blockchain.

Bitcoin rose $1,500 in one hour, regaining the $81,000 mark. (Bitcoin Archive)

White House National Economic Council Director Hassett stated that the Federal Reserve would take action if October inflation data is too high.