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According to Jinshi Data, foreign media cited two informed sources reporting that senior officials in the White House are discussing whether to ask Secretary of Commerce Gina Raimondo to resign. Raimondo has recently faced increasing criticism, and her performance in office and related regulatory controversies have raised questions among congressional members.The report stated that the relevant criticism had emerged before NVIDIA CEO Jensen Huang announced his resignation. A White House official stated that Trump still fully trusts Raimondo and her capabilities in office. The White House has not yet made a formal response regarding Raimondo's future.

According to CNN, despite the increasing scrutiny surrounding Nvidia (NVDA.O), Trump continues to support U.S. Secretary of Commerce Gina Raimondo.

On November 10, Gate held a high-profile closed-door dinner at the Dorchester Hotel in London, gathering global leaders in the digital asset industry, institutional representatives, and important partners. Gate's founder and CEO Dr. Han delivered a keynote speech titled "One Gate, Everything Money," sharing Gate's strategic layout in comprehensive financial services, global compliance, and financial innovation.Dr. Han highlighted the next-generation comprehensive financial service application Gate Money, explaining Gate's strategic upgrade from "One Gate, Trade Everything" to "One Gate, Everything Money." Gate Money aims to integrate diverse assets such as cash, cryptocurrencies, gold, stocks, and ETFs, combining AI-assisted asset allocation and payment services to create an integrated financial experience. Dr. Han specifically shared a case of purchasing coffee with Nvidia (NVDA) stock, showcasing the innovative direction of merging investment assets with everyday consumption scenarios.Additionally, Dr. Han emphasized that Gate insists on compliance and security as the foundation for development, with its physical compliance covering 81 jurisdictions and continuously expanding its global financial cooperation network. The event also featured institutional roundtable discussions and fireside chats for communication. This sharing further conveyed Gate's development philosophy based on compliance and security, driven by financial innovation, and showcased the platform's long-term vision of building a global comprehensive financial service ecosystem.Disclaimer: This event is for entertainment and social interaction purposes only. The content herein does not constitute any offer, solicitation, or recommendation. Users in the UK may not use Gate's services through Gate.com but may only use the services provided by Gate UK. Gate will not promote or provide products or services on its website Gate.com in any restricted areas (including the UK) and may restrict or prohibit users from restricted areas from using all or part of the services. For more information, please refer to the "User Agreement."

According to Hongxing News, the individual involved in the incident of "Tsinghua graduates studying at University College London (UCL) being scammed" revealed that he was scammed for nearly 45 days. On the day he arrived in the UK and checked into his dormitory, he received a call from a number displayed as "Embassy," claiming that his phone number had sent a large number of harassment and fraud messages, and transferred him to so-called "cyber police." The caller accurately reported his personal information, requested him to download video software, and displayed materials such as police identification, arrest warrants, and confessions.Several "cyber police" bombarded him with information for more than three hours while he was still adjusting to the time difference and was physically and mentally exhausted, causing him to lose his judgment. Subsequently, the so-called "Interpol" led him to mistakenly believe he was assisting in an investigation into an international money laundering case and made him sign a so-called confidentiality document. For the first two weeks, they continued to strengthen control, requiring him to maintain a phone call 24 hours a day and turn on video for online monitoring, while also restricting his social interactions under the guise of investigation confidentiality.They ultimately induced him to purchase digital currency and transfer it to a designated account, and even made him deceive his family into transferring money for the so-called case, claiming it would be returned after the case was closed. He was also coerced into downloading foreign encrypted chat software to register an account for purchasing virtual currency. After returning to his home country, he discovered that during the period he was out of contact, the scammers had used his credit card to purchase tickets to other destinations. He reminded the public to pay more attention to anti-fraud campaigns, as scammers exploit time differences and information gaps to set traps.

Sequoia Capital published a long article titled "The Sequoia of Tomorrow" on X, introducing a series of adjustments made after completing the generational transition for one year.Sequoia stated that it will focus on high-confidence, highly selective venture capital, simplify the structure of the Sequoia Capital Fund, discontinue the batch accelerator Arc and Scouts projects, and streamline its operations and investment teams.Sequoia will no longer distinguish between "early-stage" and "growth-stage" teams, unifying them into one team; at the same time, it will close its London office, with some employees leaving, and will support European entrepreneurs from its headquarters in the San Francisco Bay Area in the future.In addition, Sequoia mentioned that it has flattened the partner structure, canceled the weekly partner meeting cycle, and has raised approximately $10 billion for a new fund. Currently, Sequoia is jointly held and operated by seven general partners, with a positive outlook on areas such as AI, space, biotechnology, and re-industrialization.

According to the official announcement from Ondo Finance, Ondo Intelligent Portfolios has launched on Solana, introducing 7 on-chain investment portfolios covering yield, growth, and thematic investments, of which 3 are supported by BlackRock.Each portfolio is presented in the form of a single transferable on-chain token, supporting transparent holdings display and programmatic rebalancing. The first batch of partner wallets and applications includes Titan, 1inch, LI.FI, and Jumper.

According to The Block, the RWA protocol Ondo Finance will open subscriptions for OpenAI's pre-IPO tokenized notes next week, allowing private clients to subscribe directly to the notes, which are currently trading in the secondary market.The expectation for OpenAI's IPO has been postponed to 2027, as CEO Sam Altman ruled out the possibility of a 2026 IPO last month citing AI safety concerns.

According to Arkham monitoring, the whale address 0xfAb holds ONDO and LINK spot positions that are currently down nearly $400,000. This address started buying ONDO about a year ago and has been gradually increasing its position, with an average purchase cost of about $0.55.Historical trading data shows that this whale completely liquidated all QNT positions about a month ago, incurring a loss of approximately $20,000. Its total invested capital is about $1.5 million, and the current portfolio value is approximately $1.1 million.

The London-listed technology company The Smarter Web Company announced that since October 14, it has sold a total of 1,076,000 ordinary shares and 25 preferred shares through its ordinary share ATM facility and preferred share ATM facility, raising a total of approximately £592,679.Among them, the average selling price of ordinary shares was £0.55 per share, with net proceeds of approximately £579,850; the average selling price of preferred shares was £100 per share, with net proceeds of approximately £2,475.

According to Lookonchain monitoring, in the past 24 hours, a certain whale has accumulated purchases of various tokens worth approximately 7.22 million USD, including: 378,129 LIT (approximately 1.4 million USD), 6.61 million ENA (approximately 1.34 million USD), 3 million ONDO (approximately 1.34 million USD), 1.154 million AERO (approximately 948,000 USD), 241.8 ETH (approximately 591,000 USD), 2,944 QNT (approximately 589,000 USD), 61,252 UNI (approximately 443,000 USD), 1,387 TAO (approximately 368,000 USD), and 4.33 billion PEPE (approximately 195,000 USD).

According to Arkham monitoring, the trader "KIMCHOWOO" on OpenSea spent $676,500 about 5 months ago to buy approximately 1.662 million ONDO and nearly 30,000 LINK, with the value at one point increasing to $1.084 million during the holding period.About two hours ago, the trader transferred all holdings to Binance, and if sold, would profit over $400,000.

According to on-chain analyst Ai Yi's monitoring, a certain whale withdrew 2.455 million ONDO from Binance 12 hours ago, worth 1.144 million USD. Currently, this address still holds three major altcoins worth 9.218 million USD: UNI 1.014 million, worth 8.91 million USD, with an average withdrawal price of 8.79 USD, currently at a floating loss of 1.551 million USD; ONDO 2.455 million, with an average withdrawal price of 0.4662 USD; LTC 12,400, worth 841,000 USD, with an average withdrawal price of 67.86 USD, currently at a floating loss of 101,000 USD. This address is suspected to have cleared out BNB 6 days ago, with an expected loss of 73,000 USD.

Cryptocurrency trading platform Coinbase announced its participation in Tech Against Scams and is collaborating with the UK's National Crime Agency, the U.S. Department of Justice Scam Center Strike Force, and international law enforcement partners to launch a joint crackdown week in London from October 6 to 9, sharing intelligence in real-time and coordinating actions against West African criminal scam networks.Coinbase stated that the relevant scam networks operate across platforms, seeking potential victims through social media, establishing trust via instant messaging, and using digital infrastructure and financial services to transfer illicit funds. As law enforcement and the industry intensify their crackdown on Southeast Asian scam hubs, criminal networks are expanding to other regions, including West Africa. This operation is hosted by the UK's National Crime Agency, bringing together technology, telecommunications, and financial companies to target the infrastructure, accounts, and payment systems that support scams.Coinbase Vice President Leah Bressack: The earlier crackdown on Southeast Asian scam hubs this year proved that coordinated actions between the industry and law enforcement are effective; as criminal networks attempt to rebuild in Africa, Coinbase's global intelligence team is tracking funds, freezing assets, and sharing intelligence in real-time. The tactics targeted include fraudulent cryptocurrency investment scams, impersonating law enforcement officials, and using fake video calls to carry out "arrests" to pressure transfers. Coinbase stated it will continue to collaborate with Tech Against Scams and law enforcement partners.

The tokenized asset platform Ondo announced on platform X that its total locked value has reached 4 billion dollars. Ondo stated that its products have expanded from tokenized U.S. Treasury bonds to tokenized stocks, ETFs, portfolios, and private markets.Ondo disclosed that the scale of tokenized stocks and ETFs exceeds 1.3 billion dollars, with a cumulative number of holders exceeding 1 million, claiming to be the platform with the largest scale of tokenized U.S. Treasury bonds.Ondo stated that the related growth is associated with Ondo Stocks accessing liquidity from traditional financial exchanges through RFQ, with leading wallets and applications making this liquidity accessible, allowing assets to be transferred permissionlessly on Solana, Ethereum, and BNB Chain.

Ondo Finance posted on platform X that its tokenized U.S. Treasury scale has reached 3 billion USD, covering USDY, OUSG, and tokenized U.S. Treasury ETFs, ranking first in the RWA.xyz tokenized U.S. Treasury platform. Among them, USDY has a scale of over 2.3 billion USD, surpassing BlackRock's BUIDL.RWA.xyz data shows that currently, USDY has a scale of approximately 2.328 billion USD, BUIDL approximately 2.204 billion USD, and OUSG approximately 319 million USD; the total scale of tokenized U.S. Treasuries is about 14.91 billion USD, with Circle's USYC ranking first among single products at approximately 2.384 billion USD.

The International Monetary Fund (IMF) released the October "Global Financial Stability Report," which for the first time discusses the tokenized market in a dedicated chapter. The report shows that as of the end of July, the public market size of tokenized Real World Assets (RWA), excluding repos and stablecoins, is approximately $65 billion, with credit accounting for about $30.4 billion, money market funds about $17.5 billion, and stocks about $2.3 billion. The average daily trading volume of tokenized repos over 30 days reached $303 billion.The report states that the issuance of tokenized stocks is highly concentrated, with Ondo Finance and Backed Finance (xStocks) together accounting for over 70%. More than 50% of trades occur outside regular trading hours for U.S. stocks, with about 80% of trade sizes being less than one share, volatility being about 1.5 times that of traditional markets, and liquidity being significantly lower.The IMF believes that while the scale of tokenized assets is small, it may bring efficiency improvements in multiple areas, but it could also create new channels for leverage accumulation and liquidity and maturity mismatches, exacerbating technological and infrastructure risks, with current systemic risks remaining limited. The IMF also pointed out that in the absence of interoperable central bank currencies, stablecoins and tokenized deposits may become the main settlement tools in the tokenized capital market, leading to issuer credit risk and concentration risk.

The Smarter Web Company announced that it has raised $13.25 million through the UK's first Bitcoin-backed preferred stock IPO, MORE. MORE will begin trading on the main market of the London Stock Exchange this Wednesday, with the first weekly dividend scheduled to be paid on November 9.

According to Caixin, the asset investigation into the Prince Group of Cambodia, suspected of transnational online fraud and money laundering, is further unfolding in the UK. Following the freezing of multiple luxury properties in London belonging to the group's founder, Chen Zhi, and the individual identified as the "number two person," Hu Xiaowei, the 170 million yuan luxury property and luxury watches under the name of the group's financial officer, Li Tianming, have also been frozen by the UK.In October 2025, when the U.S. Department of the Treasury announced sanctions against the Prince Group and its affiliated individuals, Li Tianming was listed as a close associate of Chen Zhi, indicating that he effectively assumed the role of financial officer responsible for the illegal financial operations of the Prince Group, involving the management of illegal fund flows and large-scale cash smuggling.

According to the City of London Police report, 25-year-old London man Ajay Shinjin (also known as AJ Marley Cruz) was sentenced to two and a half years in prison by the Inner London Crown Court for his involvement in a SIM swap fraud case. He pleaded guilty on September 28 to two charges of conspiracy to commit fraud by false representation and transferring criminal property. The case involved the theft of cryptocurrency worth nearly £200,000 (approximately $265,000).In early November 2021, British telecom operator BT discovered unauthorized activity in its systems, where customers' phone numbers were transferred to SIM cards controlled by criminals, who intercepted one-time verification codes sent by banks and cryptocurrency platforms. The police identified several suspects based on device data provided by BT, and Shinjin was linked to four of the devices. He profited over £44,000, which he used for a vacation in Dubai, a luxury apartment in Canary Wharf, and a gold-plated dental grill.Details of the case revealed that one victim lost approximately £40,000 in cryptocurrency on November 2, 2021, with about £27,000 flowing into Shinjin's personal crypto account; a second victim had approximately £17,000 entirely transferred to his wallet; he also assisted in stealing about £8,000 from a third victim's Coinbase account and around £130,000 from a fourth victim. Shinjin was first arrested at his residence in 2021 and was re-arrested at Heathrow Airport upon returning from Dubai in October 2023.

According to Ai Yi's monitoring, addresses holding for over a year are suspected of liquidating 4.47 million dollars of ONDO. The address mcaavebank.eth deposited 9 million ONDO to OKX 6 hours ago, with a deposit price of 0.4963 dollars.