iso

According to official social media news, Huobi HTX's "Expert Lecture" Episode 8 will officially air today at 19:00 (UTC+8). This episode is themed "Global Asset Revaluation: New Wealth Logic in the Era of High Interest Rates," featuring Huobi HTX Chief Analyst Cloud, who will conduct an in-depth sharing on "Asset Game in the Era of High Interest Rates: Which is More Attractive, U.S. Treasuries, Gold, or BTC?"At that time, Cloud will analyze the investment logic, risk-return characteristics, and future trends of U.S. Treasuries, Gold, and BTC, in conjunction with the global macroeconomic situation, dollar interest rate trends, and cryptocurrency market dynamics. He will explore market opportunities and asset allocation strategies under the changing logic of global asset pricing, providing investors with multi-dimensional market observations and decision-making references.

According to The Block, the High Court of Scotland sentenced Robert Barr to eight years in prison for remotely orchestrating a theft of approximately £2 million (about $2.7 million) in cryptocurrency while serving his sentence in Edinburgh prison. Two accomplices, Iain Doyle and Sean Favier, received sentences of five years and four years, respectively; all three had previously pleaded guilty to involvement in organized serious crime.The court revealed the method of operation: Barr had his accomplices enter the victim's home and asked the homeowner to download the remote control software AnyDesk, which he then used from prison to control the couple's computer, inputting a receiving address he controlled to transfer funds from the victim's wallet. On the evening of April 17, 2024, around 11:30 PM, Favier and Doyle arrived at the couple's residence but were captured on the doorbell camera; the homeowner refused to open the door, and the two were unable to enter, resulting in a failed plan.Judge Lord Cubie described this as "a crime that combines 21st-century computer technology with old-fashioned burglary." On June 25, 2024, police seized Barr's mobile phone and discovered detailed messages directing his two accomplices; the judge noted that Barr had previously served 21 months for cryptocurrency-related fraud but organized crime again while in prison, which constituted "significant aggravating circumstances." If convicted at trial, he should have received a sentence of eight years and ten months. Barr is scheduled to attend a serious crime prevention order hearing on November 17.

The Scottish High Court sentenced 29-year-old Robert Barr to 8 years in prison for allegedly planning to steal cryptocurrency while in prison, with the amount involved reaching up to £2 million (approximately $2.7 million). Co-defendants Sean Favier (26) and Iain Doyle (37) both admitted to participating in serious organized crime, receiving sentences of 4 years and 5 years, respectively. Judge Lord Cubie stated that this case combines 21st-century computer technology with old-fashioned burglary.According to court disclosures, Barr's plan was to have Favier and Doyle enter a residence near Midlothian, Edinburgh, and force the victim to install remote control software AnyDesk on their computer, allowing Barr, who was serving a 21-month fraud sentence at HMP Edinburgh at the time, to remotely control the computer and transfer cryptocurrency into a wallet under his control. Around 11:30 PM on April 17, 2024, the two arrived at the residence, but the homeowner couple discovered them through the doorbell camera and refused to open the door, causing the plan to fail.Investigators recovered months of preparations from Barr's phone, which was seized in June 2024, including identifying the victim, collecting photos of the house, and conducting reconnaissance. The phone messages explicitly mentioned threats or violence. The victim is a co-founder of a cryptocurrency startup, whose accomplices had previously stolen a cryptocurrency wallet in January 2024 but were unable to access the funds due to a lack of a PIN code. Prosecutors described Barr as a "seasoned cybercriminal." The judge will consider issuing a serious crime prevention order against him on November 17, and Barr is currently detained due to potential extradition matters. According to a report by Chainalysis, the amount stolen in such "ransom attacks" exceeded $30 million in the first half of 2026.

According to Bitcoin.com News, former White House cryptocurrency advisor Patrick Witt stated that President Trump still intends to purchase Bitcoin for the United States' strategic Bitcoin reserve, but public market purchases face serious legal issues. Witt mentioned in the What Bitcoin Did podcast that the president is interested in this, and there have been many discussions related to it. An executive order from March 2025 established the reserve, gathering Bitcoin seized by the government, and instructed the Treasury and Commerce Departments to seek "budget-neutral" acquisition strategies, but no such strategies have been made public, nor has any public market purchase been announced.Witt indicated that due to Congress controlling federal spending, the "legitimacy" of direct public market purchases is in doubt. He also noted that concerns over purchases prompted Congress to include provisions in the National Defense Authorization Act prohibiting such actions, and he is working to push for permission and authorization for it. Witt pointed out that making the reserve permanent is more difficult, as passing a standalone bill in a divided Congress would be extremely challenging, and without legislation, the reserve would rely on executive orders, which future presidents could revoke.

U.S. Republican Senator Kevin Cramer accepted an interview with POLITICO and publicly called for Jensen Huang to resign as CEO of NVIDIA. He believes that Huang's extramarital affair poses a serious potential blackmail risk, especially considering that NVIDIA holds highly sensitive AI chip technology. Cramer stated, "The risk of being blackmailed is just too great; I think he must go."Cramer is a member of the U.S. Senate Banking Committee, which is reviewing several bills aimed at strengthening export controls on advanced AI chips. He believes that while it is certainly possible for NVIDIA's board to initiate an internal investigation, it is far from enough. Earlier that day, Larry Kudlow, the former director of the White House National Economic Council during Trump's first term, also publicly urged on Fox Business, "Mr. Huang, resign now." He believes this is a reasonable action for Jensen Huang to take at this time.As the controversy escalates, the U.S. Congress is also accelerating its scrutiny of NVIDIA's chip exports. The three bills under consideration by the Senate Banking Committee involve strengthening export approvals for advanced chips, tracking the destination of chips, and restricting the export of certain semiconductor manufacturing equipment. These bills are vying to be included in the annual National Defense Authorization Act and have not yet been fully passed.

According to CNN, a San Francisco court sentenced tech consultant Nima Momeni to 16 years to life in prison on Tuesday after being convicted of stabbing to death Cash App founder Bob Lee. In December 2024, the jury found him guilty of second-degree murder, rejecting the claim of self-defense.Momeni has been held since his arrest following the incident in 2023, and the judge denied his request for a retrial before sentencing; his lawyer plans to appeal. Prosecutors stated that Momeni was angry because Lee introduced his sister to a drug dealer and stabbed Lee three times with a knife, one of which pierced the heart. Lee subsequently died in the hospital at the age of 43. Lee had founded Cash App and was serving as the Chief Product Officer of cryptocurrency company MobileCoin at the time of his death. Bob Lee was fatally stabbed in San Francisco in April 2023.

According to a Dutch prosecution announcement, the prosecution is seeking a 6-month prison sentence for a former investigator of the Royal Netherlands Marechaussee (KMar), accusing him of illegally accessing police systems using his official authority to steal cryptocurrency worth over 6,000 euros from a traveler.

According to a report by the Korean News Agency, Shin Eun-seop, the director of the Electronic Financial Inspection Bureau of the Financial Supervisory Service of Korea, stated at a discussion held at the Financial Investment Education Institute in Yeouido, Seoul, that if stablecoins are used as a means of electronic payment, it is inevitable that the Electronic Financial Transactions Act will apply from the perspective of fairness with existing electronic payment methods, user protection, and payment settlement stability.

On Friday, the Paris Criminal Court sentenced a Ukrainian man to 5 years in prison, including 2 years of actual imprisonment and 3 years of probation. The man was accused of illegally generating and stealing 1 billion Holograph (HLG) tokens, valued at approximately 14 million dollars at the time of the incident, by exploiting a security loophole in the company he previously worked for between May and August 2024.The court found that the man illegally issued 1 billion HLG tokens by tampering with the token generation conditions on the platform and transferred the tokens to a personal wallet. He then, along with two accomplices, dispersed the funds to multiple cryptocurrency exchange platform accounts. His two accomplices were sentenced to 2 years in prison (with 14 months probation) and fined 80,000 euros, as well as 2 years of probationary imprisonment and fined 40,000 euros.In addition, the court rejected the Holograph Foundation's request for compensation for the losses due to the token price crash, stating that the price of HLG had already fluctuated and dropped significantly before the incident, making it impossible to establish a direct causal relationship between the subsequent depreciation and the fraudulent act. After the incident, the price of HLG fell from nearly 0.03 dollars in May 2024 to 0.001 dollars by the end of December of the same year.

According to The Defiant, the Algorand Foundation announced the closure of its community forum and advisory committee.The foundation will suspend xGov grants on December 6 and put the Project King Safety project on hold, while maintaining staking rewards support until January 2028.

The Director of the National Economic Council of the White House, Kevin Hassett, stated that the artificial intelligence bubble is indeed a cause for concern.

According to a report by Bloomberg citing informed sources, Alphabet's AI drug development company Isomorphic Labs is in talks to raise approximately $5 billion in new funding, which would bring its valuation to around $50 billion. The sources stated that the financing has not yet been completed and details may change.Isomorphic Labs was spun off from Google's DeepMind in 2021 and conducts drug development based on the AlphaFold protein structure prediction model. In May of this year, it completed a $2.1 billion funding round led by Thrive Capital, with participation from Alphabet and others.

ViaBTC mining pool and CoinEx trading platform founder and CEO Yang Haipo posted on X, commenting on the Binance security incident. He stated that the incident exposed at least three avoidable mistakes, which do not require complex technology; what is lacking is discipline.Yang Haipo pointed out that first, the development and operation environments were not completely isolated. Personnel with production environment permissions should use dedicated devices and not install third-party software; coding, chatting, and web browsing should be done on another device. Second, the operation and maintenance system lacked effective dual verification. A single key could operate production services, and once the key was leaked, attackers could gain full production access. He believes that production operations could be conducted in a manner similar to AWS browser-based Session Manager, using hardware security keys as a second factor to prevent a single credential leak from constituting a breach. Third, MPC multi-signature is merely nominal; the signers did not perform substantial independent verification of the transactions. Compromising one node could render the entire mechanism ineffective, resulting in the same effect as a single signature. Multi-signature is only effective when the signers do not trust each other, independently verify the transaction itself, rather than trusting upstream requests.On November 3, Binance released preliminary investigation results regarding the security incident on October 29. Binance stated that approximately $6.34 billion in digital assets were affected, and as of the update, about $2.85 billion had been frozen or intercepted, with 98% of the affected tokens having been replenished. The report indicated that attackers gained unauthorized access to the internal wallet signature service and exploited Ethereum EIP-7702 to authorize the hot wallet; due to the hot wallet using multi-party computation, it could not immediately revoke the relevant authorization with a single private key. Binance cited information from the FBI stating that North Korea is responsible for this incident.

On October 31, Kyle Harrison, a general partner at the venture capital firm Contrary, stated that venture capital is experiencing a McDonaldization, where efficiency, measurability, predictability, and control lead to outcomes that are not intended by all parties. He believes the symptoms are scale combined with consensus, and the industry has split into different forms that share the same name. Harrison previously worked at Index Ventures, Coatue, and TCV, and founded the research platform Contrary Research. The article was published on the same day in his column.He cited PitchBook data indicating that in the first three quarters of 2026, a16z has raised $23.8 billion, accounting for over 20% of U.S. venture capital fundraising during the same period. During this time, U.S. venture capital funds raised a total of $108.5 billion, which is about 39% higher than the total for 2025. The number of first-time funds decreased from 479 in 2022 to 195 in 2025, with 81 so far this year; funds in their fourth round and beyond accounted for 88.2% of all fundraising, the highest share recorded by PitchBook.Harrison also wrote that the proportion of U.S. venture capital funding attributed to artificial intelligence rose from 39% in 2023 to 51% in 2024, 65% in 2025, and 82.7% so far in 2026. In the first quarter of this year, five companies—OpenAI, Anthropic, xAI, Waymo, and Databricks—captured 73.2% of U.S. deal value. Since 2023, non-AI venture capital in the U.S. has roughly maintained an annual range of $100 billion to $120 billion. He stated that once fund size dominates decision-making, every deal must fit the fund's scale.

The crypto KOL DeFi small miner posted, inquiring about Grok Bot, feeling that the current net outflow from Binance is around 2 billion dollars.Binance co-founder He Yi responded, stating that it seems Grok Bot has counted some of Binance's new hot wallet addresses as outflows, which can be cross-verified using multiple tools.

The POW cryptocurrency information platform bitgou.org operator Alch-crypto stated that PRL has been exploited by malicious actors. It claimed that someone poisoned the model hosting platform Hugging Face, disguising 31 repositories as Qwen2 small models. Once users load them using trust_remote_code, the PRL miner program will be installed, which also disguises itself as a system process. Some versions come with backdoors that allow remote control of the machines.Alch-crypto mentioned that after the first batch of related repositories was deleted, the attackers changed accounts and re-listed them, with downloads exceeding 32,000 times. The attackers' first batch of wallets has received about 2,276 PRL, which is approximately equivalent to $5,000 based on the price at the time of the post, and they are still receiving payments even after the repositories were deleted.Alch-crypto also reminded local model users: do not enable trust_remote_code for models from unknown sources; if GPU usage spikes abnormally, check the processes first and separate mining devices from machines running AI.

The Chief Information Security Officer of Slow Fog, 23pds, forwarded Binance's statement on the ongoing pursuit of frozen stolen assets and commented that, based on historical forensic experience, attackers are able to bypass risk control systems.23pds stated that it still needs to be confirmed whether the path of the intrusion that led to the one-time theft of assets was due to private key leakage or a compromised signing machine. Binance stated that the team is closely collaborating with law enforcement, asset issuers, blockchain intelligence agencies, and industry partners to track and freeze more related assets, with the total frozen amount expected to increase further, and more confirmation information will be synchronized in a timely manner.

The trading application Fomo's early investor and advisor HDF (@PaikCapital) announced joining the Fomo team as the head of perpetual contract business.HDF stated that he has been engaged in trading for ten years. The goal of joining Fomo is not only to enable everyone to trade perpetual contracts but also to build a network that can elevate the level of all traders.