Chinese Shenyang Police Bust Cross-border Illegal Forex Case, Involving Bitcoin, Tether, and Other Cryptocurrencies in Wash Trading Transaction

According to data from the BIT stock platform, Shopify (SHOP.N)’s stock price dropped 17% following the release of its third-quarter results. The company reported third-quarter revenue of $3.74 billion, which missed the consensus estimate of $3.75 billion. Shopify (SHOP.N) projects its fourth-quarter revenue will grow by just over 30%.

ING Bank believes the U.S. dollar could weaken in the short term if the Democratic Party wins control of both the House of Representatives and the Senate in Tuesday’s U.S. midterm elections. “If the Democrats take control of both chambers, the dollar could face some near-term pressure,” strategists including Francesco Pesole said in a report. “The market has fully priced in the expectation that Republicans will lose control of the House, but only partially priced in the scenario of a Democratic sweep of both chambers.”

According to data from prediction market platform Predict.fun, the quarterfinal match of the 2026 League of Legends World Championship will pit TES against IG. As of now, IG’s win probability stands at 53%, while TES’s is 47%, with the two sides’ predicted odds being relatively close. Per the tournament schedule, this match will officially kick off at 06:00 Beijing Time, adopting a BO5 format; the winner will advance to the semifinals. The remaining quarterfinal matches will be held consecutively from November 4 to 7, with the other three matchups being GEN vs LYON, DK vs BLG, and T1 vs KC respectively. Note: Prediction market probabilities may change in real time based on market trading; please refer to the latest odds on the platform.

According to monitoring from Onchain Lens, FalconX has once again transferred 50,000 HYPE tokens to Coinbase, valued at around $4.2 million. Cumulative transfers of HYPE to Coinbase over the past three days total 350,000 tokens, worth approximately $30.57 million.

Beating AI Express News: ByteDance’s AI Agent platform Coze announced it will phase out its current enterprise version. Starting November 30, new customer purchases of Coze’s standard and flagship enterprise editions will no longer be accepted. Old packages on Volcano Engine will be discontinued on December 31 this year, while new enterprise packages will be fully phased out on December 31, 2027. Existing enterprise customers can still renew subscriptions and add seats, but their service term cannot exceed the aforementioned date. An IDC report shows that in 2025, Coze ranked first in China’s public cloud agent development platform market with a 19.3% revenue share. However, the annual software revenue of this niche market is only around 250 million yuan, with Coze’s corresponding scale roughly estimated at about 48 million yuan. There were prior signs of this exit: in August, ByteDance integrated Coze and the TRAE team into its Doubao system, and later launched the office Agent “Doubao Work”. The AI programming, agent development, and office execution capabilities originally scattered across different products have begun to be centralized under Doubao.

Binance founder Changpeng Zhao (CZ) told an interviewer that following the attack, Binance immediately came forward to clarify that user funds were unharmed and user assets were safe. While this was a straightforward statement, it effectively halted the spread of panic and prevented a chain reaction. The market recognized the incident would not lead to further spillover effects. Unlike past cases where platforms or lending protocols collapsed, leaving users to absorb losses, this time users would not be forced to bear related losses— a stark contrast to previous incidents that often triggered second and third rounds of cascading shocks. First, this statement calmed the market, Zhao noted. Second, Binance’s ability to stand behind this commitment on its own credibility made users willing to trust the firm’s words, especially since much of the fund flow and transaction data on the blockchain is public and transparent. Users understood Binance had sufficient financial strength to cover any losses: the exchange holds the SAFU (Secure Asset Fund for Users), a futures insurance fund, as well as robust capital reserves and a strong balance sheet. It is this rapid response, proactive accountability, and ability to ensure all users are protected and all losses are covered that gradually restored calm to the market. One notable detail: on the day of the hack, the cryptocurrency market’s decline was actually smaller than that of the tech stock market—a scenario almost unheard of. Typically, when stocks fall, crypto markets drop more sharply as investors sell digital assets to hold cash. But this time, even amid a major hack in the crypto sector, the market’s pullback was milder. Zhao said this shows investors remained largely calm overall, and reflects the solid trust in platforms built over years. “I am very proud of this,” he added.