Odaily Report: Dragonfly partner Haseeb Qureshi has publicly responded to DFINITY founder Dominic Williams' patent infringement allegations against NEAR Intents. Dominic Williams previously claimed that NEAR Intents' chain abstraction feature used DFINITY's threshold ECDSA signature technology—which is licensed only for the Internet Computer—without authorization, and alleged that the work was driven in part by an individual who was fired by DFINITY in 2021.Haseeb Qureshi questioned the timing basis of the allegation, noting that the relevant patent was not granted until late July of this year, while NEAR Intents modified the relevant algorithm in September. According to the timeline described by Dominic Williams, the window of time after the patent was granted that is relevant to the dispute may be only about one month. Before a patent is formally granted by the patent office, it remains in the application stage, and actions taken prior to grant cannot be directly deemed patent infringement.In addition, the relevant algorithm was initially published in an academic paper under a CC BY license, and NEAR cited that paper in its implementation. Haseeb Qureshi questioned whether it is reasonable for Dominic Williams to choose to publicly accuse NEAR of patent infringement under such circumstances. The core of the dispute involves the timing of the patent grant, the basis for the use of the relevant technology, and whether NEAR's specific implementation constitutes infringement. At present, the above statements remain the respective public positions of both parties.

1. CZ: No crypto wallet is 100% safe; users should stay informed of risks and manage them properly;2. Ansem: Meme coins are constantly evolving, and building businesses around speculative trading is the bigger opportunity;3. GMGN co-founder: The in-house cross-chain bridge is undergoing small-scale testing and will soon support purchasing multi-chain tokens with USDC;4. DFINITY founder accuses NEAR Intents of using its proprietary cryptography technology;5. ZachXBT warns users to withdraw assets from CoinDCX, saying "the co-founders are a bunch of clowns";6. Circle shareholders sue Trump and WLFI, alleging they profited through UAE-related crypto transactions;7. a16z Crypto rebrands as a16z Frontier, expanding investment scope from crypto to frontier tech startups;8. Coinbase: UK's proposed crypto rules may effectively block regulated platforms from accessing DeFi;9. Visa plans to acquire crypto custody company Fireblocks for $2.5 billion;10. CMCC Global tokenizes two quantitative hedge funds, issuing them through Tether and Bitfinex Securities;11. DWF Labs: Bitcoin spot ETF fund flows lag behind price action, making it difficult to predict future price movements;12. Analysis: PHP high-risk vulnerability was exploited by hackers before public disclosure, potentially affecting about 70% of the internet;13. Analysis: Bitcoin market dominance rises to its highest level since May as the market awaits a new catalyst.

Odaily reports: DFINITY founder Dom posted on X stating that further investigation revealed that a key component used by NEAR Intents involves DFINITY's proprietary technology, and accused NEAR of unauthorized use of technology results licensed exclusively for the Internet Computer. Dom stated that the technology in question involves the threshold ECDSA algorithm used for cross-chain asset custody and transaction signing, which can increase signing speed to approximately 3 times that of other solutions; he also alleged that NEAR deployed the technology on 8 servers, failing to achieve the decentralization and security it advertises.Dom also stated that GitHub records show NEAR has recently been attempting to downgrade the algorithm to a solution approximately 3 times slower, and believes this move may be related to its concerns about the use of the technology. He stated that the matter involves potential legal liability, believes that DFINITY and the ICP community have been harmed as a result, and hopes both parties can resolve the dispute. The above content currently constitutes unilateral accusations by the DFINITY founder, and whether the use of the technology constitutes infringement, as well as whether NEAR has the security and decentralization issues alleged, remains to be further verified.

Odaily News ZachXBT stated on platform X that Circle has unfrozen two hot wallets, including a ckUSDC (Dfinity bridge) wallet and an address starting with 0x00e. Currently, 5 out of the previously frozen 16 wallets have been unfrozen. He mentioned that after the confidentiality restrictions in the related New York civil case are lifted, information regarding the plaintiff, expert witnesses, and other relevant parties in the case will be disclosed.

1. Vitalik responds to Ethereum "chronic death" remarks: Plans four major transformations to achieve system upgrades;2. Ethereum's circulating supply has increased by over 950,000 coins since the Merge, with an annualized inflation rate of approximately 0.23%;3. DFINITY Foundation: 20% of cloud engine revenue will be used to burn ICP;4. Coinbase CEO: Coinbase custodies over 80% of US BTC and ETH ETF assets, with peak inflows reaching $31 billion in 2025;5. 10x Research: Circle benefits from multiple positive catalysts, with fundamentals and institutional support driving stock price strength;6. IoTeX private key suspected to be leaked, resulting in $4.3 million token loss;7. IoTeX: Has noticed suspicious activity in token vaults, is tracking and freezing hacker assets;8. Probability of "US strikes Iran before March 31" event on Polymarket rises to 63%;9. VanEck On-Chain Report: Selling pressure from long-term holders slows, hash rate contraction may improve future return structure;10. Uniswap: Has released seven new skills to support AI agents in executing on-chain operations;11. Nakamoto completes acquisition of BTC Inc and UTXO for approximately $81.63 million.

Odaily News The DFINITY Foundation announced on platform X that the economic model of the Internet Computer is undergoing changes. Under the old model, node providers were compensated solely for operating nodes; in the new model, 80% of Cloud Engine revenue will be allocated to the nodes providing the power, and 20% will be used to burn ICP. Currently, the Node Provider Association has begun marketing the Cloud Engine to businesses across Europe.

Odaily News A federal judge in California has dismissed a class-action lawsuit against the Dfinity Foundation, the company behind ICP. U.S. District Judge James Donato granted Dfinity’s motion to dismiss, ruling that the case was “time-barred” because it fell outside the three-year statute of limitations under the Securities Exchange Act. The court sided with Dfinity’s argument that it first offered ICP tokens to the public in February 2017, so the August 2021 investor lawsuit was outside the statutory time frame. The plaintiffs, who were represented at the time by Freedman Normand Friedland LLP (formerly Roche Freedman), did not respond to the defendants’ arguments. Therefore, Judge Donato wrote, it was “justifiable” to dismiss the claims because the lawsuit was time-barred. (Decrypt)

Odaily News According to a report released by the developer Dfinity Foundation on November 4, the use of Internet Computer's cross-chain messaging protocol Chain Fusion has increased by 1,230% year-on-year, mainly from Bitcoin native applications. Dfinity said that Bitcoin applications including Rainbow Protocol, Tap Protocol and Bitfinity are using Internet Computer to deploy smart contracts and other complex programs on the Bitcoin network. Chain Fusion "enables smart contracts for Bitcoin because ICP can interact directly with the Bitcoin network without using any trusted bridge." (Cointelegraph)

Odaily News Osmosis is working with the Omnity Network established by ICP, and ckBTC will be connected to the Cosmos ecosystem through Osmosis. In April this year, the DFINITY Foundation announced on Monday that the Internet Computer launched ckBTC, a highly liquid and cost-effective "twin" token that is backed by Bitcoin 1:1. (Coindesk)

Odaily News The ICP 2Grants Program, a project funding program under the Internet Computer Protocol (ICP), announced that it would provide financial support to three projects: DeFi lending protocol Lendfinity, agricultural supply chain platform TruMarket, and gamification metaverse platform Sophiaverse. The specific amount has not been disclosed. At present, the ICP 2Grants Program is mainly used to promote the development of ICP ecological projects, provide funds for projects that may have an impact on the crypto industry and promote their network innovation. (Hackernoon)