Odaily reports: Crypto analyst The Smart Ape posted on X platform that by tracking the mihao developer's wallet transaction records since the project launched, it was found that although the developer did not directly sell tokens, they had freely distributed approximately 7% of the total supply to 22 wallets. These wallets continuously sold during subsequent large purchase periods, collectively profiting approximately 2,620 SOL and $60,000, with 12 of these wallets now having emptied their holdings. Two other wallets had transferred SOL to the same address used by the developer when transferring out personal funds.The analyst also stated that the mihao developer has cumulatively received approximately 650 SOL and $2,200 in creator fees since the project launched, with 414 SOL earned in just two days between November 10 and 11. Additionally, a wallet tagged as Pump.fun application transaction fees transferred $9,200 USDC to the developer. The developer also invested approximately 320 SOL into 19 other tokens, of which 157 SOL was used to purchase a token issued by an affiliated wallet, currently holding approximately 47% of that token's supply.Currently, the developer still holds approximately 30 million mihao tokens, worth about $520,000, with another 54 million tokens locked until November 2027.

Odaily: Global financial services provider Apex Group has joined the Hedera Council and will participate in the governance of the Hedera public chain. Apex Group, which services assets exceeding $3.5 trillion, will explore using the Hedera network for its own tokenization business. Hedera stated that Apex is the first transfer agent and fund service provider to use a distributed ledger as the registry record for regulated securities.

Odaily reports that according to Lookonchain monitoring, Machi (@machibigbrother) was fully liquidated again during the market downturn, then withdrew the remaining $16,600 from Hyperliquid to papertrade to continue trading. In papertrade trading, Machi lost $1.62 million. Despite receiving a $485,000 reward, he still lost $1.14 million.

1. Stablecoins, payments, and prediction markets become new growth drivers for crypto companies, though profitability remains under pressure;2. Cutting off access to the U.S. financial system, FinCEN alleges MEXC Global was involved in at least $16 billion in related transactions;3. MEXC is reviewing the FinCEN order and says it will take the allegations seriously;4. Trump says the U.S. carried out a "small strike" on Iran;5. Spending 19.7 million USDT, a whale bought another 8,775 ETH after a 5-month hiatus, bringing holdings to 23,097 ETH;6. Machi Big Brother sold Bored Ape 32 for 12.5 ETH, worth approximately $28,000;7. An Ansem-linked wallet withdrew 504.5 SOL from an exchange, worth approximately $69,000;8. ZEC rose about 8% in the 24 hours following its upgrade, with the per-block reward adjusted to 0.52083333 ZEC.

Odaily reports that according to Onchain Lens monitoring, Machi Big Brother sold Bored Ape 32 on OpenSea for 12.5 ETH (approximately $28,000).

Odaily: CBB posted on X that Papertrade is worth studying: first launch a Ponzi scheme that everyone knows is a Ponzi scheme and accepts as such; then collect $5.5 million in fees from participants and sell $200,000 worth of pants to crypto users; afterward, someone says "this might be a Ponzi scheme," so the project team changes the rules to destroy the scheme and then goes offline.

Odaily: Cancore, a cross-chain trading platform built on the Canton network, has completed a $7.2 million seed round. The round was conducted through Simple Agreements for Future Tokens (SAFT), corresponding to a fully diluted valuation (FDV) of $60 million for its planned CNRX token.The round was participated in by Paper Ventures, dao5, ArkStream Capital, X Ventures, MH Ventures, and Proof of Talk, with Paper Ventures and dao5 receiving the largest allocations. Wasif Rashid, co-founder and CEO of Cancore, said the company began engaging with investors in June this year, officially launched fundraising in July, and closed the round in mid-September. (The Block)

According to Lookonchain monitoring, Machi (@machibigbrother) has lost all funds on Papertrade and currently has only $4,517.7 left on Hyperliquid. One hour ago, Machi sold a Mutant Ape at a loss again to raise funds for subsequent trading.

Odaily reports that according to SlowMist monitoring, the decentralized trading platform Yapeswap suffered an attack with losses of approximately $21,900. The root cause was that the WorkersUnion governance quorum was zero, allowing the attacker to pass a proposal with only about 0.000055% of voting power, transferring the feeToSetter permission of YapeFactory to themselves. The attacker then installed a malicious Registry, causing latestVault() to return fake vaults while vaults() still listed the real vaults. YapePair counted the misappropriated deposits as farming assets but did not obtain redeemable shares.

Odaily: Papertrade recorded $8.5 million in revenue over the past 7 days, ranking fifth among all protocols by revenue, behind only Tether, Circle, Pump.fun, and Hyperliquid.