MAGIC’s 24-hour trading volume across the entire network is approximately 8 times its market capitalization, indicating extremely active trading.

Chainalysis stated in a recent publication that THORChain’s operations were disrupted by an Ethereum chain reorganization incident, which delayed the money laundering process for stolen funds from the Binance hack. The chain reorganization led THORChain to incorrectly issue duplicate refunds to a user who had deposited 10 ETH, triggering an emergency protocol pause that temporarily blocked all cross-chain swaps for all users—including money launderers associated with the North Korean hacking group. Chainalysis noted that prior to THORChain’s service resumption, attackers and other users were unable to perform swaps via most of its cross-chain bridges. Earlier, the U.S. Federal Bureau of Investigation (FBI), U.S. Secret Service (USSS), and IRS Criminal Investigation (IRS-CI) jointly called on THORNode operators, RPC node operators, instant swap platforms, DeFi service providers, and other virtual asset service providers to block transactions with addresses linked to the Binance hack, as well as fund flows originating from these addresses. The announcement also disclosed wallet addresses directly or closely tied to the relevant North Korean hacking activities.

According to monitoring by an AI analytics tool, a VVV whale with a cost basis as low as $3.77 has deposited tokens to Coinbase after a 19-day gap. The address transferred 100,000 VVV tokens roughly 3 hours ago, valued at around $2.32 million. Data shows that since June 2026, this address has deposited a total of 663,374 VVV tokens to the exchange, with an average cost of approximately $21.53. If all these tokens were sold, total profit would be around $11.786 million, representing a return of roughly 471.2%. Since June 2026, the address has reportedly offloaded VVV tokens worth about $14.28 million, though on-chain deposit activity does not directly confirm the tokens have actually been sold.

US Secretary of State Rubio said at a Saturday press conference that US President Trump has not decided whether to resume military operations against Iran. Rubio added he is unaware of a specific timeline for Qatar-led talks aimed at resolving US-Iran hostilities. Reuters reported earlier Saturday that Iranian officials are holding talks with Qatari mediators in Doha. (Source: Jinshi)

Iran’s Supreme National Security Council Secretary Rezaei said local time on October 31 that he has read a letter from U.S. Vice President Vance but has not yet responded. He noted the tone of the U.S. letter has shifted significantly, calling it a good sign that the Iranian people have consolidated their victory and authority. Rezaei added that since the letter contains no specific details, he will not make further comments on it at this time.

Beating AI News reports that Alphabet’s recent financial results show Google’s year-over-year search query growth rate hit a five-year high, but the monetization level of its AI Mode remains low, weighing on the search business’s revenue performance. Google’s third-quarter search revenue rose 12% year-over-year, missing market expectations; Google Services, which includes search and other businesses, generated $96.3 billion, also falling short of analysts’ forecast of $98.5 billion. Google’s Chief Business Officer Philipp Schindler said AI Mode query volume is growing strongly, but its current monetization level is low. Queries in AI Mode are on average three times longer than traditional search queries, with around one-fifth of queries completed via voice, images, or documents. CEO Sundar Pichai said the company will prioritize improving search experience before gradually advancing commercialization. To find new revenue growth drivers, Google is exploring adding product comparisons, deals, and sponsored links to AI-powered shopping flows, letting AI agents gather information and filter products while retaining users’ ability to compare brands, prices, and services. Google has previously tested displaying deals in travel planning and adding clearly marked sponsored links to AI-generated product lists, and plans to expand ads in AI Mode and AI Overviews to more queries. Pichai also said Google will further integrate agent capabilities into Search and Gemini, and expand them to products including Chrome, Android, and Workspace.

According to market sources, U.S. President Donald Trump stated that it is currently unclear whether the Binance hack was perpetrated by North Korea. If the incident is ultimately confirmed to be linked to North Korea, the U.S. will communicate with North Korea. BlockBeats reported earlier today that the FBI has attributed the over $6 billion Binance theft to a North Korean hacking group.