A South Korean reporter asked a Foreign Ministry spokesperson for comment on Binance being hacked by North Korea, to which the spokesperson responded: "We are not aware of the situation."
According to a report by The Paper, Chinese Foreign Ministry spokesperson Mao Ning hosted today’s regular press conference, during which a Yonhap News Agency reporter raised a question: On October 31, the U.S. Federal Bureau of Investigation (FBI) stated that North Korea is behind the cyber attack on Binance, the world’s largest cryptocurrency exchange, which resulted in the theft of approximately $6.3 billion in assets. U.S. President Trump said that if this is indeed the case, he will discuss the issue with North Korea. How does China view this incident and President Trump’s relevant remarks? Mao Ning responded: “We are not aware of the situation.”
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Grok Bot appears to have suddenly tightened its usage limits, with Elon Musk responding that service costs are unsustainably high.
Insight Beating AI Flash News: xAI’s AI agent product Grok Bot has recently faced a surge of user complaints. Some paid subscribers have found their weekly usage quota depleting at an abnormally fast rate. One user saw their usage jump from 44% to 87% in just 24 minutes; another used only half their quota before bed, only to wake up to find it fully exhausted with no tasks running in between. Many users suspect the platform has suddenly reduced quotas mid-cycle, with cuts possibly approaching 50%. Grok Bot, which can autonomously execute tasks for users via cloud computers, browsers and external tools, is included in certain paid subscriptions, with its usage quota normally reset weekly. In response to user demands for quota resets, Elon Musk stated: "The cost of providing Grok Bot services has become unsustainably high relative to revenue."
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Pando Rings hacker buys 7,548 $ETH ($16.72M), deposits 4,000 $ETH into TornadoCash
While everyone was focused on the Binance hacker, the Pando Rings hacker bought 7,548 $ETH ($16.72M).
And 7 hours ago, the hacker deposited 4,000 $ETH ($9.17M) into #TornadoCash to launder the funds.
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Ahead of Palantir (PLTR) earnings, new long positions worth millions of dollars emerged, with contract open interest (OI) up 15% in the afternoon.
According to TradingBeats monitoring, an account starting with address 0x9546 opened a new long position in PLTR via TWAP at noon, with a trading volume of approximately $938,200 and an average entry price of $187.64. The position currently has an unrealized loss of around $5,566 and uses 10x isolated leverage. Meanwhile, open interest in PLTR contracts rose significantly in the afternoon. Over the past four hours, the notional open interest (OI) of PLTR under Trade.xyz has increased from roughly $5.99 million to $6.9 million, a rise of about $910,000 or 15.2%, driven mainly by the aforementioned account, whose long position notional value accounts for approximately 13.5% of the total contract OI. Palantir will release its third-quarter financial results after market close on November 2 (Eastern Time), with its earnings call scheduled for 06:00 Beijing Time on November 3.
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South Korean media: Samsung plans to fully exit its 8-inch wafer foundry business by 2030.
According to reports from Korean tech media TheElec, Samsung Electronics plans to fully exit its 8-inch wafer foundry business by 2030, shifting its strategic focus entirely to higher-margin 12-inch advanced process technologies. The report notes that Samsung will gradually scale down its 8-inch production lines. Specifically, the S7 plant at its Giheung Campus is scheduled to be shut down first in the second half of 2026, with a monthly production capacity of around 50,000 wafers. After the S7 plant closes, Samsung’s total monthly 8-inch wafer production capacity will drop from 250,000 to below 200,000. The remaining S6 and S8 plants currently operate at a capacity utilization rate of approximately 70%. Han Jin-man, head of Samsung’s foundry business, previously stated that the 8-inch foundry market has become "increasingly crowded and price-driven," adding that the company plans to gradually reduce its business in this segment.
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Apple’s AI reportedly plans to integrate Alibaba’s Qwen, coupled with Citigroup raising its price target, BABA rose 2.5% intraday.
Apple’s integration of Qianwen into China: Apple Intelligence’s launch timeline further clarified. Apple announced on October 31 that Chinese users will be able to access Qianwen in select features including Siri, writing tools, and visual intelligence. The related functions will open for developer testing on November 4, with a planned full launch in December alongside iOS 27.3. Separately, Citigroup stated today that the partnership is expected to expand Qianwen’s user reach and drive incremental cloud inference demand, maintaining Alibaba’s "Buy" rating. According to TradingBeats data, as of press time, BABA contracts on Hyperliquid rose approximately 2.54% over the past 24 hours, trading at $101.26 with a volume of around $2.4387 million; over the same period, AAPL fell roughly 0.34% to $343.79. Over the same period, wallet address 0xe1d3 took profit on its BABA long position over the past two hours, with a position size of approximately $481,500, an average closing price of $101.64, and a realized trading profit of around $8,536.
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