PANews reported on November 3 that Paxos disclosed information on its official website, announcing that it expects to release the first attestation report on the launch of Singapore's compliant stablecoin USDG in cooperation with DBS Bank this month (November 2024). Paxos stated that the attestation report is intended to be issued by independent third-party accounting firm Enrome LLP, and this review will be conducted in accordance with the standards set by the Institute of Singapore Chartered Accountants.

PANews reported on November 3 that the final battle of the US election next week may trigger a nuclear-level warning. The bullets of the dollar bulls are "fully loaded". With the worst non-farm payrolls in nearly four years, the expectation of a 25 basis point interest rate cut by the Federal Reserve next week is almost fully fired. The market focus next week includes the US election, the Federal Reserve's interest rate decision and the Bank of England's interest rate decision. The US will hold the 2024 presidential election starting next Tuesday.

Musk said on the X platform that the Republicans are expected to win in Pennsylvania. The gap between 2024 and 2020 is more than 600,000, which is almost 10% of the entire electorate.

According to @ai_9684xtpa monitoring, smart money GmM5U...Hu9vB opened a position of $Pnut at a low point, costing $44,851 and has made a profit of $1.64 million, with a return rate of 3668%. He opened a position of 29.65 million tokens at an average price of $0.0015 during 11.01-11.02, and has now sold nearly 90% of his position.

According to Lookonchain monitoring, 6 hours ago, a whale spent 9,600 SOL ($1.56 million) to buy Pnut and FRED. The whale spent 5,100 SOL ($831,000) to buy 8.99 million Pnut at $0.092, and spent 4,500 SOL ($736,000) to buy 69.88 million FRED at $0.01. The three wallets associated with this whale currently hold a total of 484,303 SOL (78.94M).

Former US SEC official Marc Fagel expressed concern about the SEC's recent Wells Notice to Ethereum-based Web3 gaming company Immutable. Marc Fagel said that there was no communication or explanation before the Wells Notice was issued, which is very different from the usual more extensive investigation procedures. This approach may be "risky." Usually, companies need to go through several months of interviews or exchanges before receiving the Wells Notice.

Kraken’s network Ink is being stress-tested before the official testnet launch, according to X Platform. Early access to the testnet is available on Discord.

Russia's comprehensive cryptocurrency mining regulations came into effect on November 1, reforming the industry with strict energy caps, mandatory registration, and strict oversight. The law officially defines mining as a legal activity in Russia, sets safety and operational requirements for miners, and creates a structure for trading digital financial assets on specially approved platforms. The framework is designed to provide clarity and oversight for Russia's growing cryptocurrency industry in the face of growing energy demands and concerns about illegal mining activities.

Multichain lending protocol Radiant Capital said on the X platform that following the successful resumption of the Ethereum market from suspension this week, the Base market has also been restored and is fully operational. The delay was due to the need for additional transactions after the activation of the time lock, involving the transfer of the emergency administrator role to a new multisig. This multisig is now in use and is only used for emergency situations, with its authority limited to pausing and resuming the market when necessary.

According to on-chain analyst Ember, Cosmos Network developers sold another 3,500 ETH ($8.72 million) 8 hours ago. Cosmos developers now hold 383.8 BTC and 20,087 ETH, worth $76.68 million. These are the funds they raised through IC0 in 2017.

According to Lookonchain monitoring, the 19.1 million $Pnut sold at a loss by a certain address is now worth more than $1.6 million. The address spent 11 SOL ($1,882) to buy 19.1 million Pnut, and finally sold it at 4.57 SOL ($783), with a loss of $1,099.

Web3 security incidents in October resulted in a total loss of approximately $147 million. According to SlowMist statistics, 28 independent attacks caused losses of approximately $129 million, of which $19.3 million was later recovered. These incidents involved various abuses, including so-called exit scams, account takeovers, and price manipulation. In addition, Web3 anti-fraud platform Scam Sniffer recorded 12,058 phishing victims, who lost up to $18.04 million last month alone.

Strive Enterprises, an asset management firm co-founded by former presidential candidate and current Trump surrogate Vivek Ramaswamy, has announced the launch of a wealth management business that aims to integrate Bitcoin into “standard portfolios of everyday Americans” as a hedge against unsustainable global debt levels, rising fixed income yields, long-term inflationary pressures, ongoing geopolitical pressures, and potentially restrictive currency controls.

Two Ethereum researchers, Justin Drake and Dankrad Feist, simultaneously announced that they would resign from their advisory positions on Ethereum restaking protocol EigenLayer after being compensated with large amounts of Eigen tokens, raising questions about conflicts of interest. "I would like to apologize to the Ethereum community and my colleagues at the Ethereum Foundation for the inconvenience I caused," Drake wrote in the statement. "In hindsight, this was the wrong move on my part."