Blockstream refuses to pay ransom for the 4,000 Bitcoin stolen from its Liquid Network protocol.

According to a report by Russian RBC, Ekaterina Andreeva, first vice president of the National Association of Securities Market Participants (NAUFOR), stated at Crypto Summit 2026 that investor testing standards for purchasing cryptocurrencies on Russia’s regulated platforms have been finalized. The draft was submitted to the Bank of Russia’s Basic Standards Committee last week. Brokers will be the first to qualify for test clients, with the rollout expected as early as the end of November. Test results will be valid across all regulated platforms, and question banks and processes for all licensed institutions are set to remain unified.

Haidian District Market Supervision Bureau of Beijing recently handled the city’s first illegal case of assisting pyramid scheme activities using blockchain and virtual currency technologies, fining and confiscating a total of over 930,000 yuan from a tech company. The involved firm provided outsourced services including technical operation and maintenance, marketing, exchange connection and maintenance for a public blockchain. This public blockchain previously launched the "Atomic Plan" and "Hathaway Plan", requiring participants to invest funds to qualify for membership, and offering rebates based on the number of new members they recruit. Regulatory authorities determined that the company, despite being aware the relevant projects were suspected pyramid schemes, continued to provide technical and operational support, facilitating fund flows and the spread of pyramid scheme activities. (Beijing Daily)

According to Bitget's market data, South Korea's KOSPI index closed down 74.78 points on Thursday, October 29, with a 1.24% drop to 5937.66 points. Samsung Electronics fell about 4%, while SK Hynix rose 2.6%.

Beating AI Insight News: Face Intelligence releases and open-sources the MiniCPM-OCR series. The 1.3B parameter MiniCPM-OCR 1.0 can recognize handwritten text, complex tables, formulas, as well as skewed and curved documents. It ranks first in four out of six OCR benchmark tests. On an RTX 5090, its processing speed reaches 1.217 pages per second, approximately 49% faster than PaddleOCR-VL-1.6. Another 2B parameter model, MiniCPM-OCR Jev, is dedicated to error checking: it verifies OCR results against original images and scores text, formulas, and tables separately. High-scoring content can be automatically approved, while questionable results are sent for manual review. It can also audit outputs from other models such as GLM-OCR and PaddleOCR, eliminating the need to replace existing OCR systems. This design targets the most labor-intensive part of the OCR workflow: machines can process documents quickly, but staff still have to manually check for missing characters, line errors, or misrecognized numbers. Face Intelligence’s internal experiments on 900 manually annotated image blocks show that when the accuracy of automatically approved content approaches 100%, up to 85% of legal document areas, 56.2% of financial invoices, and 35.1% of complex documents require no manual verification.

Solflare announced that new validator nodes have gone live following a security incident involving its staking service provider. Users can unstake from Solflare (Legacy) and stake to the new validators, or wait for an app update to complete the migration in a few simple steps. Solflare will compensate migrating users for the staking rewards they missed.

Catalyst Fund Senior Portfolio Manager Larry Holzenthaler said that after the Federal Reserve held interest rates steady as expected, markets still widely anticipate another rate hike in December. With two dissenting votes, a December rate hike is now seen as a done deal. Comments from Fed official Waller also suggest the Fed’s primary priority is price stability, not the labor market. After hearing Waller’s remarks, one must not take for granted that the Fed has concluded its rate hike cycle. According to LSEG data, money markets are pricing in an 83% probability of a 25 basis point rate hike at the December policy meeting. Source: Jin10