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10/31
10/30
23:57
Federal Reserve insider Nick Timiraos, citing Employment Cost Index (ECI) data, noted that U.S. employer benefit costs surged by 3.9% in the third quarter, surpassing the 3.1% growth in wages and salaries. This reversed the traditional trend where benefit cost growth was slightly lower than wage growth. The primary reason was a sharp increase in health insurance costs, leading to a smaller portion of workers' compensation being in wages and a larger portion in insurance premiums. Additionally, private sector compensation (excluding incentive-paid occupations) grew by 3.1% year-over-year in Q3, the lowest level since Q1 2021. Timiraos suggested that rising fixed costs for worker health insurance might lead companies to be more cautious in hiring or to shift towards part-time workers without benefits.
23:55
IPX has detailed its patent-pending KPI-Gated Escrow, a system designed to link crowdfunding for video games, video production, and sponsorship payments to agreed platform milestones. The technology is set to launch with the platform on November 15, 2026. Project funds raised are held in a non-custodial USDC rewards-generating escrow via a dedicated smart contract, with releases automated based on pre-programmed KPIs to enhance transparency and accountability.
23:50
Trezor stated it has received reports of a Safe 5 device, purchased via CryptoBilis in August 2026, being compromised with a hardware implant. The device has not yet reached the lab, and Trezor considers the risk credible based solely on existing reports. The implant is allegedly composed of an additional circuit board, a cellular module, and an antenna, capable of reading screen displays (including wallet backups) and transmitting data via mobile networks. Trezor has requested users who purchased devices from CryptoBilis since March 2026 to migrate assets to a wallet using a new seed phrase and contact the support team for a device replacement. The company stated it has inspected four other devices from the same channel and found no tampering, with no reports of user fund losses to date.
23:50
The U.S. Secret Service is coordinating with the U.S. Attorney's Office for the District of Columbia and other law enforcement partners to identify the cybercriminals responsible.
23:39
Binance Co-CEO Richard Teng stated that attackers exploited EIP-7702 to bypass wallet controls and destroyed tools and traces during the intrusion. Binance is currently rebuilding its withdrawal services, with estimated losses from the attack reaching $6.3 billion.
23:38
Toyota Motor and Waymo announced they will launch an autonomous ride-hailing service in Japan starting in 2027. The two companies plan to deploy a fleet using Toyota bZ4X electric vehicles, with an eye toward future expansion into the UK and other regions.
23:34
Crypto exchange MEXC has announced its withdrawal from France, marking its fourth country-level market retreat since September. The exchange notified customers on October 28 that it would gradually cease services for French clients, with plans to automatically close all open trading positions by January 22, 2027, and terminate withdrawals by March 5. Previously, MEXC exited the Netherlands on September 29, and Russia and Belarus on October 20, in response to regulatory developments and global compliance requirements. France's financial regulator, the AMF, blacklisted MEXC in June 2024 for offering unauthorized financial services. Despite MEXC's market exits, its new CEO, Vugar Usi, is pursuing an ambitious global expansion strategy, aiming to shift the platform from memecoin speculation to offering a broader range of trading services, including tokenized stocks, commodities, and prediction markets.
23:34
Elon Musk reposted a tweet, praising the Tesla Model Y Long Range as "an amazing car." The original post cited that it was "all the little details" in the Model Y Long Range that made it an outstanding model.
23:29
Multiple tech giants including AVGO, SPCX, and GOOGL have seen their shares fall over 30% from recent peaks, as a broader tech stock selloff continues. Broadcom (AVGO) is down 31.9% since June 2, 2026; SPCX is down 31.2% since June 16, 2026; and Alphabet (GOOGL) is down 30.4% since May 13, 2026. Other major names like Micron (MU) and Meta (META) have also dropped more than 20% from their peaks. Tesla (TSLA), Amazon (AMZN), and Nvidia (NVDA) are down 10-20%, while Microsoft (MSFT) and Apple (AAPL) have seen smaller declines.
23:27
Militants used speedboats to launch an explosive attack on an oil tanker in the Strait of Hormuz, damaging its engine room and causing a fire. This marks the first such attack in the current conflict, though Iran has previously employed similar tactics against merchant vessels.
23:25
Protos analyzes details of the Binance Ethereum chain hack: EIP-7702 was exploited to target specific addresses, with approximately $2.4 billion in stolen funds frozen. According to Protos, the attack partially leveraged the wallet delegation feature on Ethereum. Attackers deployed sweeping contracts, targeting the "Binance 14" address with 50 EIP-7702 authorizations and signing with its keys. Stolen funds from other addresses were transferred via regular transactions. Binance has removed the delegation for "Binance 14," and approximately $2.4 billion in funds removed from Binance's Ethereum wallets have been frozen or blacklisted.
23:24
Iceland's main tourist attraction, the geothermal seawater spa Blue Lagoon located near an active volcano, is planning an initial public offering.
23:23
U.S. tech stocks continued their decline amid concerns over rising artificial intelligence (AI) development costs. Intel's stock price, in particular, fell by as much as 30% in early Friday trading, potentially losing over $130 billion in market capitalization, after the company warned of a weak PC market and forecast lower-than-expected fourth-quarter revenue. The Nasdaq index opened down 2.5% on Friday, reaching a new two-month low. The previous day, Google parent company Alphabet saw its stock price plunge by over $500 billion due to AI summaries impacting its core search advertising revenue; Amazon's stock price also fell by as much as 6%.
23:20
Brent crude oil prices rose to $118 per barrel, up about 2.5% on the day, due to a tanker attack and the possibility of further US strikes on Iran, sparking concerns about global supply. Meanwhile, the price of the main US benchmark, West Texas Intermediate (WTI) crude, was about $104 per barrel, up about 2%. Oil prices are on track for their fourth consecutive monthly gain. The World Bank warned that energy prices could reach a four-year high this year due to ongoing conflicts in the Middle East, with an expected increase of about one-third.
23:12
Dogecoin has formed its first "death cross" since 2026 on the daily chart, with its 50-day simple moving average falling below its 200-day simple moving average. This signal comes just about three weeks after its last "golden cross," highlighting its high volatility. Affected by the $6.3 billion Binance hack, Dogecoin's price fell sharply on Thursday and Friday, dropping to $0.072 on Friday, a new low since August 2026. According to CoinGlass data, the total cryptocurrency market liquidations in the past 24 hours reached $1.68 billion, with long positions accounting for $1.43 billion.
23:10
Ride-hhailing company Uber Technologies Inc. has utilized funds from public blockchain investment firms, aiming to achieve higher returns through weekend trading. More companies are expected to follow this model in the coming months.
23:06
Blackstone Inc.’s QTS and some of the biggest data center developers pledged to provide disclosures on their projects’ power demands, water use and ownership structures to local communities.

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