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A single vulnerability exposes the conflict between DeFi security and decentralization.

Long-standing issues surrounding leverage, oracle construction, and PoR transparency have resurfaced.

In Brief Hong Kong’s tokenized currency advances digital trade, transforming global payment systems. Winters views projects as crucial for digital international trade transitions. SFC-approved initiatives improve efficiency, positioning Hong Kong as Asia’s crypto hub.

In Brief ZK Coin saw a significant rise on November 1, gaining attention from Vitalik Buterin. Its price recently spiked to $0.075 but has now settled at $0.057. Alex Gluchowski proposes strategies to expand ZK Coin's utility and benefit the ecosystem.


Franklin Templeton and Grayscale submitted amended SEC filings for XRP ETFs, with Franklin removing delaying language for potential November launch while Grayscale designated executives for its trust conversion.



- 05:03Elixir: The official 1:1 deUSD to USDC redemption channel is now openOn November 7, Elixir announced that the team has completed the redemption of approximately 80% of all deUSD holders (excluding the Stream portion). Currently, Stream holds about 90% of the deUSD supply (approximately $75 million), and Elixir's remaining collateral assets are mainly Morpho loans issued to Stream. All remaining deUSD and sdeUSD holders (including LPs from AMM and lending platforms) can exchange their tokens for USDC at a 1:1 ratio. Elixir has taken a snapshot for this purpose and launched an official redemption page. At the same time, the minting and redemption functions for deUSD have been closed. Official reminder: deUSD no longer has any value, please do not purchase or invest further, and users are warned to only submit redemption requests through official links and to beware of scam websites.
- 04:59Yesterday, the spot Ethereum ETF saw a net inflow of $9.09 million, ending a six-day streak of net outflows.According to ChainCatcher, monitored by Trader T, yesterday's net inflow for Ethereum spot ETFs was $9.09 million. Among them, BlackRock's ETHA contributed $4.59 million, Fidelity's FETH saw an inflow of $4.95 million, Bitwise's ETHW had an inflow of $3.08 million, while Grayscale's ETHE had a net outflow of $3.53 million. There was no capital movement for 21Shares' TETH, Invesco's QETH, Franklin's EZET, Van Eck's ETHV, or Grayscale mini's ETH on the same day.
- 04:46Elixir: deUSD is officially invalid, and the USDC compensation process will be initiated for all deUSD and its derivative holders.ChainCatcher news, according to Elixir's official Twitter, the stablecoin deUSD has been officially retired and no longer holds any value. The platform will initiate a USDC compensation process for all holders of deUSD and its derivatives (such as sdeUSD). The affected parties include lending platform collateral providers, AMM LPs, Pendle LPs, and others. Elixir also warns users not to purchase or invest in deUSD through AMMs or other channels.