Odaily Report: The U.S. Department of Justice filed a Statement of Interest on November 6, stating that the Illinois digital asset tax harms federal policy and U.S. leadership in the digital asset space, and arguing that the tax's language is vague and discriminatory. The tax imposes a 0.2% levy on the full amount of digital assets processed by brokers, regardless of whether a sale or profit occurs.The U.S. Chamber of Commerce and the Securities Industry and Financial Markets Association (SIFMA), which represents broker-dealers, banks, and asset management firms, filed amicus briefs warning that the tax could affect traditional banks, custodians, and advisors that offer digital asset products. Crypto organizations including the DeFi Education Fund, Andreessen Horowitz, Paradigm, and Uniswap argued that the bill's definitions could bring software developers and decentralized protocols that do not hold client funds, cannot identify users, or determine transaction locations within the scope of taxation. (Decrypt)

Odaily reports: According to Bitcoin News monitoring, Coinkite CEO Rodolfo Novak (NVK) stated that a new AI model discovered a Coldcard vulnerability that human reviewers had missed, and Bitcoin developers have raised objections. The vulnerability exists in firmware version 4.0.1 and later, and can bypass the hardware random number generator; between July 30 and August 4, over 5,200 addresses lost approximately 1,816 BTC as a result, worth about $116 million. NVK said there had been at least 15 prior reviews. James O'Beirne stated that he had privately pointed out problems with the Coldcard random number generation in May 2025. A firmware update can fix the issue for new devices, but cannot fix old mnemonic phrases; affected users need to generate new mnemonic phrases.

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 reports: Ethereum developer Marchhill has submitted draft EIP-8437, proposing to propagate proof wrapper data via the eth/73 protocol and add an optional mode that allows transactions to submit raw signatures to an aggregator without pre-generating STARK proofs. The proposal supports propagating certified packages alongside transactions and executing independent checks of specified programs in resource-constrained sandboxes to verify witness data; new programs would not require separately developing native adapters for each signature scheme. The proposal also plans to limit batch queue size, clean up expired transactions, and re-check records before formally generating proofs to support failure retries. The proposal is currently still in Draft status and has not yet been merged. VM and key-binding consistency verification, cryptographic verification, and performance testing remain incomplete, and benchmarking has not yet been conducted.

Odaily reports: Uniswap posted on X that Uniswap v2, v3, and v4 are now live on Elysium. Developers can find the deployment addresses in the official developer documentation.

Odaily reported: According to GMGN data, the market cap of the Solana ecosystem Meme coin mihao (ni hao cat) briefly surpassed $20 million, reaching a peak of approximately $20.98 million, and is now at about $18.81 million, with a 24-hour gain of 2,921%.Previously, well-known trader Ansem posted bullish views on mihao, believing that it has avatar community attributes that facilitate social spread and contains Chinese elements, which is expected to attract whales from both East and West to buy in together. In addition, the project developer has locked 5% of the token supply for one year.Ansem stated that ANSEM will be his creator token for this cycle, while mihao is the "pure Meme" he holds, and said the on-chain market has already bottomed out.Odaily reminds readers that Meme coin prices are highly volatile, and investors should be mindful of market risks.

Odaily reported on November 11 that B.AI announced a comprehensive experience upgrade to its API management page, optimizing around model selection and API integration workflows to help developers more efficiently find computing resources that fit their business needs. The new page adds anchor navigation for one-click access to core modules; supports multi-dimensional filtering by brand and discount to quickly locate desired models; provides more transparent model version and billing information; and integrates a "Model Rankings" quick reference to facilitate comparison and selection for developers.

Odaily reports that Solana infrastructure company Helius today launched the permissionless privacy protocol Solana Privacy Rings on the Solana mainnet. Developers can add privacy features to new and existing Solana applications via API, providing a foundation for private payments, private DeFi, and enterprise-compliant privacy. The protocol uses programmable shielded pools, with assets and amounts stored on-chain in encrypted form while wallet addresses remain visible; users can decrypt balances using viewing keys. The protocol supports SOL, SPL tokens, and Token-2022 tokens, with ZK proof verification taking only hundreds of milliseconds.

Odaily: Zcash developers have proposed in the draft for Network Upgrade 7.1 to reduce the target block interval from 25 seconds to 20 seconds in order to lower transaction confirmation latency; this adjustment will not change the daily issuance schedule or the 21 million ZEC supply cap.The draft also proposes reducing the limit on certain shielded transaction actions from 330 per block to 264, while the maximum block size will remain at 2 MB. The proposal is currently open for community discussion, and implementation is still pending community review and governance voting. (Bitcoin.com News)

Odaily reports: Ethlabs recommends not making a decision on the Ethereum Glamsterdam upgrade until the situation is clarified. The team has been monitoring and analyzing the potential impact of EIP-8037 and EIP-8038 on deployed smart contracts for more than two weeks; the results of external audits commissioned by the Ethereum Foundation and conducted by Chain Security and Dedaub are expected to be published on November 16. Ethlabs recommends not proceeding with specification changes or scheduling the Hoodi testnet fork until the audit findings are published and a clear position is formed, and calls on application developers to run the self-check tool provided by the Foundation and disclose potential issues via glamsterdam@ethereum.org.