Odaily reports: According to Gate's latest institutional weekly report, affected by the U.S. stock market correction and macroeconomic risks, market appetite has come under pressure, with the S&P 500 and Nasdaq falling 2.68% and 3.37% respectively. The crypto market also pulled back in tandem, with BTC and ETH declining 3.28% and 1.5% respectively. Institutional allocation to spot ETFs has become more cautious, with BTC and ETH ETFs seeing net outflows of $1.282 billion and $365 million respectively. Against the backdrop of deleveraging and rising hedging demand, Gate's cross-asset advantage has become evident: Gate TradFi weekly trading volume grew 13% quarter-over-quarter to approximately $13 billion, with ETFs rising to 25% of stock trading.On-chain trading volume on major DEXs declined, and stablecoin supply fell 1.73% week-over-week, while Aave borrowing balances rebounded 1.8%. On the derivatives side, BTC futures open interest (OI) fell 3.61%, while options OI grew 10.80% against the trend. Skew remained negative across all tenors, and DVOL rose 1.76% for the week, indicating that deleveraging and demand for downside protection are coexisting.Facing macroeconomic uncertainty, Gate leverages the multi-asset synergy of its institutional business to integrate instruments including stock spot, stock futures, gStocks, and CFDs, continuously expanding cross-market allocation and trading options for institutional clients, and comprehensively meeting professional clients' needs for cross-platform trading, liquidity management, and hedging.

Odaily reports: Richard Liu, co-founder of PayFi project Huma, posted a statement addressing recent HUMA market volatility, saying that the Huma Foundation and its affiliated entities have not conducted any HUMA transactions over the past 3 months and plan not to sell tokens during the upcoming token unlock window.Richard Liu noted that on October 22, an early LP wallet was hacked, and approximately 12 million HUMA obtained from airdrops were sold off. In addition, from November 2 to 7, HUMA open interest rose from about 620 million to 1.1 billion tokens, the funding rate turned negative starting November 4, perpetual contract trading volume reached 7 to 10 times that of spot trading volume, and recent market activity appears to be concentrated mainly in the perpetual contract market.He also stated that since the token generation event (TGE), HUMA's DEX liquidity has consistently been provided by the Huma Foundation.

Odaily reports that OKX and ICE will launch 24/7 tokenized stock trading on November 23.Crypto trading platform OKX and Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, will launch tokenized stock trading on November 23, allowing eligible U.S. users to trade around the clock. The platform will operate under a temporary innovation exemption from the U.S. Securities and Exchange Commission (SEC); 67 companies had objected to their stocks being listed on the platform, including JPMorgan Chase, McDonald's, SpaceX, and Coca-Cola.OKX expects the platform to list more than 70 assets, including 59 exchange-traded funds (ETFs), as well as tokenized stocks of Coinbase, Circle, BitGo, Robinhood, and Strategy, along with Strategy preferred shares. As of November 11, the total value of tokenized stocks and ETFs reached $3.88 billion, up 13.4% over the past 30 days.A study by the International Monetary Fund (IMF) found that tokenized stocks are about 1.5 times more volatile than their counterparts in traditional markets; decentralized exchanges have the weakest liquidity, with prices deviating further from traditional market prices than those on centralized exchanges. The IMF also warned that the integration of blockchain trading and settlement could weaken market safeguards that buffer shocks.Nasdaq warned in a January filing that tokenized stocks trading on platforms outside traditional trading systems could fragment liquidity and make it harder for investors to obtain the best prices. Andrew Cuomo, co-chair of OKXICE and former governor of New York, said investors will enjoy the same rights, protections, and ownership as the underlying stocks. (Cointelegraph)

Odaily reports that according to Lookonchain monitoring, trader (0xDa4...8f00) deposited $380,000 into Aster DEX yesterday and opened a 9x GRAM long position with a position value of $3.86 million. Currently, the long position has an unrealized profit of $404,800, representing a return rate of 94.34%.

Odaily reports that Adam posted on X platform that on the first full trading day after Elysium's mainnet launch, on-chain DEX trading volume reached $122 million, involving approximately 58,700 wallets.Among this, Launchpad tokens contributed approximately $40.5 million in trading volume, accounting for 33.2% of total trading volume. Currently, Montra leads the Elysium ecosystem Launchpad sector with a 71.1% market share.

Odaily: Index Industries has completed a $50 million seed round led by Lightspeed Venture Partners.

Odaily: Alta has announced the completion of a $47.5 million Series A funding round, led by Index Ventures, with participation from GV (Google Ventures), Blackbird Ventures, Square Peg, and Capital49. Alta is a company developing Layer 1 blockchains for banks and large financial institutions. The valuation of this funding round was not disclosed.

Odaily reports: Blockchain analytics firm Elliptic has released a report stating that the Binance hacker is using self-created meme coins and decentralized exchange liquidity pools to move stolen funds, with related techniques having appeared on the Tron, NEAR, and Solana networks.Specifically, the hacker first creates new tokens and pairs them with assets such as NEAR or stablecoins to establish liquidity pools, then executes buy and sell operations through different wallets separately, making fund transfers appear as ordinary token transactions, thereby increasing the difficulty of on-chain tracking.Elliptic points out that between November 5 and 7, the hacker created at least 6 meme coins on the NEAR chain, each costing approximately 25 NEAR to create, and transferred approximately 117,000 NEAR in stolen funds through these tokens, worth about $430,000. The relevant tokens have ceased trading since November 8, and approximately 11.8 million NEAR in stolen funds remain unmoved, worth about $43.7 million.Elliptic emphasizes that this technique cannot truly conceal the flow of on-chain funds; its main purpose is to slow down the investigation. In the 2025 Bybit theft incident, North Korean hackers also used similar techniques to transfer at least $24 million.

Odaily reports: Formation, formed through the merger of Solana ecosystem DEX Orca and Loopscale, announced that its subsidiary Formation Securities has notified the U.S. Securities and Exchange Commission of plans to operate a tokenized securities trading venue on Solana under the SEC's "innovation exemption." The platform plans to conduct secondary trading of eligible tokenized stocks through permissioned automated market maker liquidity pools, with the goal of beginning trading in early 2027. The first batch is expected to list tokenized stocks of Exodus Movement, Forward Industries, and Galaxy Digital; holders will enjoy the same voting rights and dividend rights as other shareholders, be able to trade around the clock using assets such as stablecoins, and settle atomically on-chain.

Odaily reports that according to Lookonchain monitoring, Trader 0x2016 (0x2016...8769) opened a 20x short position on NVDAUSD1 on Aster DEX, with a quantity of 1,734.23 tokens and a position value of $315,000. The position currently has unrealized profit of nearly $52,400, with a return on investment of 332.79%.