Alessandro Giori, senior strategic partnership manager at Tether, said that TON is the fastest blockchain to reach $1 billion in USDT since its launch, with an average daily transaction volume of 160,000 transactions, 7.6 million USDT wallets, and more than 100 crypto platforms have integrated USDT on TON.

Non-farm payrolls cooled sharply. The seasonally adjusted non-farm payrolls in the United States in October were 12,000, the smallest increase since December 2020. The U.S. unemployment rate remained unchanged in October.

According to the terms of the settlement, Evolve Bank will return approximately $12.77 million to FTX and retain $462,700 as compensation costs. In addition, the bank will waive all claims against FTX. The Silicon Valley Community Foundation agreed to return $8.57 million in cash and 34,208.70 FTT tokens to avoid litigation. The foundation previously raised part of the funds by selling donated FTT for external donations, and now has a partial balance.

According to on-chain detective ZachXBT, the crypto exchange M2 was hacked yesterday and about $13 million was stolen from hot wallets on multiple chains.

The SMILE token distribution is as follows: bitSmiley DAO accounts for 26%, user incentives account for 21.5%, the team and advisors account for 12.5%, staking and liquidity account for 12.5% and 7.5% respectively, and the rest is allocated to investors, airdrops and launchpads.

The "smart money address with a 85% winning rate in the wave" began to build a large position, buying 6,748 WETH (about 16.97 million US dollars) in the past half hour, with an average price of 2,510 US dollars. So far, a total of 7,482.88 ETH has been built in this round of waves, with a total value of 18.78 million US dollars.

The TON Foundation announced the launch of a new governance model, Society DAO, which aims to promote decentralization and enhance its growing ecosystem. Society DAO will become the organizational body for core ecosystem functions, and its founding members include: TON Core (core development, upgrades and maintenance of the blockchain), TON Studio (developer experience), TON Society (community operations), and wallets in Telegram (payment methods).

Paxos announced the launch of its second localized stablecoin product in Singapore, USDG, a Singapore-compliant stablecoin with USD reserves managed and held by DBS Bank. USDG complies with the upcoming stablecoin framework set by MAS in August 2023. As such, USDG is currently available on the Ethereum blockchain and will be launched on other blockchains as regulations evolve.

BNB Chain completed the 29th BNB quarterly destruction, destroying a total of 1,772,712.363 BNB, with a USD value of approximately US$1.07 billion at the time of destruction.

PANews reported on November 1 that according to Onchain Lens monitoring, in the past 20 hours, WisdomTree deposited 8,258 BTC worth $598.89 million and 48.83 ETH worth $125,000 to Coinbase. WisdomTree still holds 5,611 BTC worth $388 million and 16,767 ETH worth $41.9 million.