Odaily – On November 10, Gate founder and CEO Dr. Han was invited to attend the Digital Asset Summit 2026 London and delivered a keynote speech titled "Internet Cash Has No Undo Button," sharing insights on digital asset security, global financial services, and trends in the crypto industry. Dr. Han noted that as real-world applications of crypto assets continue to expand, the global crypto user base and stablecoin payment use cases keep growing, while the industry also faces a series of new AI-driven security challenges. In 2026, global crypto users have surpassed 833 million, with over 300 crypto attack incidents recorded during the same period, resulting in losses exceeding $8 billion.On asset security, Dr. Han emphasized that Gate's Proof of Reserves (PoR) can verify whether user assets are backed by 1:1 reserves, but trading platforms also need to further demonstrate that user assets remain protected in the event of extreme security incidents. To this end, Gate introduced Proof of Security (PoSEC), extending security verification from sufficient reserves to fund storage and risk protection. Currently, Gate's cold storage coverage rate has reached 104.58%, meaning that even in the extreme scenario where all hot wallet assets are lost, cold storage remains sufficient to cover user funds.In addition, Dr. Han elaborated on the potential of crypto technology and decentralization to reduce financial services costs and improve transaction efficiency. He stated that internet cash needs to combine both the security guarantees of traditional finance and the globalization advantages of the internet. Gate will continue to improve its security system, using reserve transparency and security safeguards as a foundation to drive deeper integration of digital assets into real-world financial scenarios.Disclaimer: This event is intended solely for entertainment and social networking purposes. The content contained herein does not constitute any offer, solicitation, or recommendation. UK users may not use Gate's services through Gate.com and may only use services provided by Gate UK. Gate will not promote or offer products or services on its website Gate.com in any restricted regions (including the UK). Please note that Gate may restrict or prohibit users from restricted regions from using all or part of its services. For more information, please refer to the User Agreement.

Odaily reports that the Polygon community has proposed draft proposal PIP-93, which aims to consolidate the Protocol Council, Polygon PoS, and AggLayer multisigs into a unified Polygon Security Council. The council will consist of 11 signers delegated by 10 institutions, adopting an 8/11 multisig strategy covering Ethereum and Polygon; Polygon Labs holds 2 seats, with the remaining institutions each holding 1 seat. Participating institutions include Sherlock, Hexens, Sigma Prime, Curve, QuickSwap, EthCC, L2Beat, and Coinbase, among others. Routine upgrades and parameter changes can be proposed by the Polygon Labs Operations multisig through a 7-day timelock, during which the Security Council may veto, or it can bypass the timelock to execute immediately or lift contract pauses. The proposal intends to replace the governance structure established by PIP-29, disclosing only the list of institutions holding seats rather than individual signer identities; it is currently in Draft status.

Odaily reports: According to an official announcement, Gate has launched its Proof of Security (PoSEC), extending security verification from reserve adequacy to asset storage structure and risk protection.According to Gate's official page, as of the snapshot taken at 08:00 (UTC+8) on November 4, the platform's cold storage coverage rate stands at 104.58%, with cold storage and hot wallet assets accounting for 88.26% and 11.74% respectively. Under the corresponding statistical methodology, even if all hot wallet assets were lost, cold storage would still fully cover all user assets. The current period's data is being verified by an independent third-party audit firm, and the report will be published on the official website once completed.Gate stated that it launched its open-source Proof of Reserves (PoR) solution in 2020, and has since continued to strengthen mechanisms including cold-hot wallet separation, multi-signature, multi-party computation (MPC), and dynamic risk monitoring.

Odaily reports that according to monitoring of a Polygon community proposal, members have proposed conducting a hard fork of the Polygon PoS mainnet to zero out approximately 70.49 million native POL held in attack addresses placed on a blocklist, and transfer them to a designated recovery address. Based on the price on October 29, these POL are worth approximately $6.5 million. Among them, Polymarket-related addresses involve approximately 23.86 million tokens, and Binance-related addresses involve approximately 46.63 million tokens; the proposal states that the total supply remains unchanged. The proposal is scheduled to be introduced at the protocol governance call at 22:30 Beijing time on November 5, with the activation block and client version yet to be determined.

Odaily reports that Circle has disclosed the latest progress on the Arc network, having completed the genesis minting of 10 billion ARC tokens, becoming the first publicly traded company to mint network tokens for a new Layer 1 blockchain. ARC will be used for network security, utility functions, and governance, and Arc plans to transition to a proof-of-stake (PoS) mechanism by 2027.In addition, the Arc public mainnet launched on September 16, attracting more than 100 institutions and ecosystem builders on its first day, with native integration of USDC. Future development will focus on PoS, privacy protection, and scalability.On the ecosystem side, the Arc developer community has grown to more than 75,000 Arc House members and 10,000 Architect ambassadors, with over 1,200 projects built cumulatively during the private mainnet phase.

Odaily reports: Circle has released a developer guide explaining how token issuers can enable cross-chain transfers for ERC-20 tokens other than USDC through CCTP. Issuers can deploy new native cross-chain tokens or configure already-issued ERC-20 tokens as custom CCTP connections; both approaches reuse Circle's messaging and attestation infrastructure and adopt a burn-and-mint model. Issuers can set their own owner, operator, pause permissions, rate limits, and per-transaction transfer caps, and Circle cannot take over control. According to Circle's developer documentation, CCTP for non-USDC went live in September 2026, supporting EVM chains such as Ethereum, Avalanche, OP Mainnet, Arbitrum, Base, Polygon PoS, and Arc, but not non-EVM chains such as Solana.

Odaily: Hyperliquid has announced that it has adjusted its new priority mechanism based on user feedback on testnet improvements: noop and scheduleCancel operations no longer affect the priority of other operations, while operations other than noop, scheduleCancel, cancel, cancelByCloid, order, modify, and batchModify will cause the priority of other operations to be lowered until submission is completed.In addition, Hyperliquid also announced the addition of the cDeposit2 interface operation. This function is similar to cDeposit but supports Agent-signed transactions.

Odaily reports that Peso has announced the completion of its Pre-Seed funding round, led by Tether. Peso is a Bolivian fintech company that offers a USDT account integrating savings, spending, investing, and cross-border transfers. It connects to the Bolivian banking system through QR codes and the ACH payment network, supporting exchanges between stablecoins and local fiat currency. Peso has integrated USDT payments into the digital services platform Yango, allowing users to pay for food delivery orders directly within the app. The funds from this round will be used to expand Peso's local fiat on-ramp and off-ramp channels in Bolivia, Brazil, Colombia, and Argentina, as well as to build a merchant-facing POS payment network and virtual account infrastructure.

Odaily Report: Bulgarian bank Postbank plans to launch investment features for stocks, ETFs, crypto assets, commodities, and metals on its mobile banking app in early 2027, with the service to be provided through a partnership with an international investment platform. Previously, Bulgaria's First Investment Bank (Fibank) also announced plans to offer cryptocurrency investment services through its mobile banking app in early 2027, in partnership with Austrian digital asset platform Bitpanda. According to the latest data from the Bulgarian National Bank, as of the end of June, Postbank was the fourth-largest bank in Bulgaria by assets.

Odaily reports: According to an official announcement, Gate Pre-IPOs' inaugural project SpaceX (SPCX) will conduct its fourth batch of stock rights unlock on October 17 at 20:00 (UTC+8). The total unlock amount this time is 11,865 SPCX (calculated based on the quantity after a 1:5 stock split), corresponding to 7% of the target company's original total allocation. Previously, 41% of the stock rights have been unlocked, with the remaining proportion at 59%. Therefore, this unlock will be converted based on 11.86% of users' actual SPCX holdings at the time of snapshot, and the corresponding stocks will be distributed directly to Gate stock accounts at a 1:1 unlock ratio.The scope of this unlock includes SPCX that users previously acquired and held through Pre-IPOs subscriptions, as well as SPCX purchased subsequently; SPCX that has already been sold will not be included in this round of unlock. Users are advised to check their SPCX holdings and pending orders in advance to ensure that the SPCX used for this unlock is in an available state.Gate is the industry's first platform to support Pre-IPO share unlocking and directly distribute listed company stocks to users. This is the fourth batch of 7% stock unlock for SpaceX (SPCX). The remaining portion will be processed promptly in accordance with the target company's unlock rules, subject to Gate's official announcements.