Blast announced the shutdown of its Layer 2 (L2) network, with user assets eligible for recovery claims within the next 12 months.

According to data from the BIT Stock Platform, large US tech stocks extended their strong performance, with shares of Apple, Microsoft, Google, and Amazon all surging sharply. Apple rose 6.50%, adding approximately $313.4 billion in market capitalization in a single day; Microsoft gained 6.41%, adding around $248.1 billion; Google’s Class A shares climbed 5.06% and Class C shares rose 5.11%, with the two stock categories together adding roughly $349 billion in market value; Amazon jumped 8.14%, adding about $220.7 billion. The four companies combined added approximately $1.13 trillion in market cap in one day, with Amazon leading the gains.

Binance has released its 7th security incident recovery progress update, confirming that user funds are safe in this event, and all losses from stolen funds will be covered by the exchange. Approximately 98% of the affected assets have been replenished so far. Binance has reserved over 100% of the total required assets from its own funds, and will continue to acquire the remaining 2% of tokens via on-exchange and over-the-counter (OTC) trading channels. Due to low liquidity of some remaining tokens, the replenishment process may take additional time. Separately, Binance completed a new round of proof-of-reserves snapshot at 08:00 Beijing Time on November 4, expanding the number of covered tokens from 10 in the previous round to 44. The full zero-knowledge proof is expected to take 50 to 60 hours to generate; once ready, users holding relevant tokens can independently verify their account balances are backed by at least a 1:1 reserve. Binance added that it will continue to advance remaining asset replenishment, resume withdrawal services, and enhance security measures.

Tether released data today showing that as of the end of Q3 2026, the physical gold reserves backing Tether Gold (XAU?) have risen to 827,418 ounces, equivalent to approximately 25.7 tons, a 59% increase from the 16.2 tons recorded at the end of 2025. Its total market capitalization reached $3.44 billion, hitting an all-time high. During the same period, XAUT’s circulating supply maintains a 1:1 peg to its physical gold reserves, with each token backed by one troy ounce of physical gold. Since the start of the year, user holdings have grown by 73%, adding a total of over 9 tons of gold exposure. The reserve gold is stored in Switzerland, meets London Good Delivery standards, and currently totals 2,057 gold bars. Tether CEO Paolo Ardoino stated that despite significant volatility in the gold market this year, holders have continued to accumulate XAUT, reflecting long-term market demand for gold. He also cited World Gold Council estimates, noting the digital gold market could unlock around $700 billion in potential demand.

According to HTX market data, Bitcoin has rebounded and broken through the $80,000 mark.

According to HTX market data, Bitcoin briefly broke through $81,000.

According to Coinglass data, global crypto liquidations hit $139 million in the past hour, including $17.168 million in long-position liquidations and $122 million in short-position liquidations. Over the past 24 hours, 102,634 traders were liquidated, with total liquidation volume reaching $580 million. The largest single liquidation order occurred on Binance’s ETHUSDT trading pair, valued at $5.0328 million.