Worth $4.06 million, Galaxy Digital OTC deposits 47,000 HYPE to OKX

Odaily: According to Axios, a US official said that if Republicans suffer a heavy defeat in the midterm elections, Trump may be more inclined to order a large-scale military operation. The official said: "If Trump feels humiliated or stripped of his authority, he will take bold action. Everyone is telling the Iranians this. Now is the best time for them to reach a deal." However, a White House official said that the election results will not affect Trump's decision-making on the Iran issue. (Jinshi)

Odaily reports: Binance announced that, as of October 31, approximately 90% of the affected assets have been backfilled, a further increase from the previously disclosed 80%. BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD, and ZEC have all achieved 100% full reserve backing; the remaining roughly 10% consists of tokens other than the previous top ten, which, due to relatively lower liquidity, may take longer to fully acquire. Binance stated that the funds for this asset replenishment came from part of the SAFU fund (expected to be completed within the next 24 hours), a portion of the funds from the futures insurance fund, and Binance's own funds. Binance completed a new round of proof-of-reserves snapshot at 08:00 on October 31 (UTC+8), and the full proof is expected to be generated on November 3 (UTC).

Odaily reports that, according to Onchain Lens monitoring, Galaxy Digital OTC deposited 47,000 HYPE to OKX 4 hours ago, worth $4.06 million, possibly for selling.

1. CZ clarifies SPCX holdings controversy: never said he intended to sell, believes it is worth holding long-term;2. Binance hacker address moves 120 million TRX, worth over $38 million;3. Coinbase Bitcoin Premium Index records -0.2434%, negative for 38 consecutive days;4. "Maji Brother" continues to reduce HYPE long position, overall position sees a slight turn to profit;5. Rates Exchange receives investment from Coinbase Ventures, amount undisclosed;6. Flap: official website flap.sh has resumed normal access, backup domain flap.cool will also remain open;7. He Yi: understands some users' concerns about Binance's solvency; data such as trading volume, fees, and user scale are all publicly verifiable;8. Maintaining zero Bitcoin holdings, Bitdeer sold 265.5 BTC this week.

Odaily: According to relevant interface information, Elon Musk's xAI Grok now supports China UnionPay and Alipay payments. The subscription page's region options also include Mainland China, Hong Kong, Macau, and Taiwan. Additionally, X Premium can also be subscribed to via Alipay.

Odaily reports: According to Hyperbot data, after fully closing his Bitcoin long position, Machi Big Brother continued to add to his 25x leveraged Ethereum long position, now holding 2,125 ETH. In addition, his 10x leveraged HYPE long position is being continuously reduced, with the position now down to 4,500 HYPE. The overall portfolio has now turned slightly profitable, with an ROI of 0.89%.