US Treasury Department orders severing ties between MEXC and the U.S. financial system, alleging the exchange is involved in at least $16 billion in illicit fund flows.

According to the Associated Press, U.S. President Donald Trump said the U.S. military launched a new limited strike against Iran on Friday, targeting an Iranian air defense system. Trump claimed Iran had just built the system, which U.S. forces destroyed in roughly 5 to 15 minutes, describing the operation as a "small-scale" strike. Iranian state media reported two explosions in the Suza area of Iran’s Qeshm Island. Earlier, the U.S. military had carried out so-called "defensive strikes" near the Strait of Hormuz on Monday, targeting Qeshm Island, Hengam Island, and the mainland coastal area of Bandar Abbas. Friday’s operation marked the first U.S. military strike against Iran since the U.S. Republican Party lost control of both chambers of Congress in the midterm elections. Meanwhile, U.S. Central Command announced a reward of up to $20 million, plus potential witness relocation, for information on Iran’s nuclear program, including details on nuclear facilities, equipment, relevant personnel, and their movements. Trump noted that the U.S. and Iran are still holding talks via intermediaries, but major differences remain over the nuclear issue. Iran has demanded the U.S. lift port blockades, cancel sanctions, unfreeze assets, compensate for war damages, and end regional hostilities. Recently, countries including Qatar, Iraq, and Egypt have stepped up diplomatic mediation to de-escalate U.S.-Iran tensions and prevent further escalation of the situation.

According to CNN, after former U.S. President Donald Trump’s Republican Party suffered major losses in the U.S. midterm elections, Iranian hardliners believe the U.S. government, facing domestic political pressure, is seizing the opportunity to demand Washington pay a higher price before ending the Iran war, and oppose Iran’s negotiating team making concessions to the U.S. Iran’s Supreme Leader Ayatollah Mojtaba Khamenei warned this week that no sign of submission should be shown. Iranian hardline media outlets have called for continued pressure on the U.S., arguing that Trump should not be allowed to end the war easily through a hastily reached deal. U.S. Vice President J.D. Vance previously acknowledged that one of the reasons for the Republican Party’s election losses was the Iran war. An Iran analyst at the International Crisis Group noted that the election results may further harden Tehran’s negotiating position, making it less willing to make concessions to the U.S. on its nuclear program. Iran previously put forward seven conditions, including ending the war on all fronts, receiving reparations, U.S. troop withdrawal, and lifting sanctions, and has demanded that the Strait of Hormuz only be opened after these conditions are met. While Iranian hardliners publicly advocate for continued confrontation, analysts believe Iran’s leadership still hopes to end the war through negotiations while retaining stronger regional deterrence and strategic leverage. As military operations on both sides remain deadlocked and negotiations have made limited progress, the risk of renewed conflict escalation persists.

The U.S., Russia and Ukraine plan to restart working-level talks in Abu Dhabi, United Arab Emirates (UAE) from November 10 to 11, marking the first face-to-face meeting between the three sides in nine months. U.S. President Donald Trump said the parties are "very close" to resolving the Russia-Ukraine conflict, and a "major agreement" covering Ukraine and even the entire Europe is expected to be reached. However, Ukraine is taking a cautious stance on the talks' outcome. Kyrylo Budanov, head of Ukraine's President's Office, said he does not expect a breakthrough at the meeting, but considers the resumption of face-to-face talks as progress in itself. Ukrainian Foreign Minister Andrii Sybiha emphasized that security guarantees, de-escalation of the Black Sea situation, an energy ceasefire, repatriation of Ukrainian children and prisoner-of-war exchanges are Ukraine's priority issues, reiterating that no party can make decisions on Ukraine-related matters without Ukraine's participation. Currently, the Russia-Ukraine sides still have huge differences on core issues including territory and security guarantees, and battlefield clashes have not ceased. Meanwhile, Europe continues to advance military and economic aid to Ukraine. There remains significant uncertainty as to whether the talks can make substantive progress.

According to Onchain Lens monitoring, a wallet address dormant for approximately one year has recently reactivated, initiating transfers of tokens from MEXC to Binance. Recent transfers include 405,000 ASTER (valued at around $275,500), 227,270 FF (approximately $19,700), and 1.47 million OP (about $149,500), with total assets involved totaling roughly $444,700. The wallet address is 0x8a0c2434b06185d1d9aa4964eA60f32D733d7878.

Cyber officials announced that over the past year, the team has repurchased a total of CYBER tokens valued at approximately $13 million, a move demonstrating the team's confidence in CYBER's long-term development. Cyber stated that it will continue to focus on the growth and development of the CYBER ecosystem.

Crypto analyst Murphy stated in a post that on November 5, the crypto market experienced notable panic, with the Spot Volume Differential (SVD) on exchanges heavily skewed toward sellers. Selling pressure reached its highest level since the start of the current rally in August, even surpassing the active selling pressure triggered by Binance’s security incident on October 30. Murphy pointed out that the intensifying active selling pressure pushed prices further down, but it remains unclear whether buyer absorption capacity has improved. Only when an active selling pressure of the same scale emerges next time without a significant price drop will it signal that buyer order depth may have increased. He argued that the successive short-term shocks from Binance’s "black swan" incident and the sharp U.S. stock market slump have significantly eroded bullish confidence. The market may take weeks or even one to two months to digest the panic, making a short-term direct V-shaped rebound highly unlikely. Going forward, focus should be placed on monitoring changes in investor behavior, market sentiment, and token distribution structure.