SKHX on Hyperliquid experienced a flash plunge, briefly falling more than 17% to $927, and has since rebounded to $1,112.

ENSv2 has officially launched on the Ethereum mainnet. The new version introduces a hierarchical registry and a more granular permission model, enabling individual domains to operate as independent on-chain registries. Communities and institutions can customize subdomain issuance rules and manage authorization via partitions, while domain resolution methods have been updated to support record link sharing. Supporting frontends include a new ENS App for general users and an ENS Explorer for developers. ENS announced that its ecosystem currently supports over 36 million domains, spanning more than 600 applications. The official added that existing .eth domains will continue to function normally with no requirement for re-registration, and users can voluntarily upgrade to ENSv2 via the ENS App starting today.

According to Reuters, citing sources, advisors to Syngenta Group plan to pursue an initial public offering (IPO) targeting a market capitalization of at least $66 billion.

Beating AI Insight News Brief: Ant Group’s Bailing (Ling) model has officially open-sourced the Ling-3.1-flash-1019 model weights, and also released the Ling-3.1-flash-base model. Both models are now available on Hugging Face and ModelScope, under the MIT open-source license. The 1019 version was first announced on October 22, with only its API accessible at that time. The new version retains the Mixture of Experts (MoE) architecture with 560B total parameters and 25B activated parameters, and mainly enhances reasoning and agent capabilities via post-training. The Artificial Analysis intelligence score rose from 41 points in the previous version to 44. The complex office task benchmark AA-Briefcase improved from ~1400 to 1524 Elo, the software operation benchmark AutomationBench-AA increased from 62% to 68%, and the physical reasoning test CritPt rose from 18% to 26%. The concurrently released Base model is a foundational model that has not undergone full instruction alignment and post-training, and is released with BF16 precision. Developers can use it for continued pre-training, industry-specific fine-tuning, or reinforcement learning, without starting from an already aligned chat model.

According to on-chain analyst Ai Yi’s monitoring, a trader publicly opened a short position this evening, currently shorting 9,700 ETH with 25x leverage, worth approximately $22.46 million. The average entry price of the position is $2,311.92, with an unrealized loss of $48,000 so far. The trader has set a take-profit level at $2,058.2 and a partial stop-loss level at $2,750.1.

According to official announcements, on-chain compliance platform Predicate has closed an $8 million Series A funding round, led by Blockchain Capital with participation from Paxos, 1kx, and Tribe Capital. Predicate is a programmable strategy infrastructure for on-chain financial products serving regulated markets, enabling developers to enforce custom compliance rules at the smart contract layer. The relevant strategies can be updated at any time to flexibly adapt to evolving regulatory requirements and business needs.

On-chain analyst Ai Yi monitors that a crypto whale deposited 3,084 ETH to Binance five minutes ago, suspected of liquidating its holdings. The ETH is valued at $7.17 million, with an estimated profit of $928,000. The whale accumulated the ETH in batches over the past four years, and had been staked on Lido for yield prior to this transaction.