Longling Capital once again increased its holdings by 7,000 ETH, worth $30.67 million

Hong Kong-listed company Ruihe Digital Intelligence sold 38.76 Bitcoin, valued at approximately $3.1219 million excluding transaction costs. The firm intends to use the proceeds for general working capital.

Binance Wallet has announced the participation threshold for predict.fun (PREDICT) Pre-TGE Prime Sale. Users need to reach 60 Alpha points to participate. Joining the TGE event will deduct 15 points. The event runs from 16:00 to 18:00 today.

Beating AI Express (from Dongcha) reports: A user spotted ChatGPT displaying a prompt reading "Chat and Work, all in one place", signaling users will no longer need to switch between chat and work modes. Selecting Medium or higher inference strength enables users to ask questions, create slides, and even operate other applications within a single conversation. However, Tibo quickly clarified that while the team plans to integrate Chat and Work this year, no official rollout has been launched, and a specific launch date remains undetermined. What has raised user concerns is the usage quota. Currently, quotas for regular Chat and Codex/Work are calculated separately. After integration, will daily chat activities start consuming the shared quota for Codex/Work? Tibo has not provided an answer to this question.

The U.S. state of Utah has brought 14 criminal charges against prediction market platform Kalshi and its two co-founders, Tarek Mansour and Luana Lopes Lara. The charges include one felony count of alleged ongoing illegal activity, 12 counts of promoting internet gambling, and one misdemeanor gambling charge. Prosecutors said an undercover agent from Utah’s Attorney General’s Office accessed Kalshi in September using a local address, phone number and debit card, placing 12 sports event bets on the platform. On that basis, the state accuses the platform of promoting illegal gambling in Utah. The criminal proceedings come days after the Utah Attorney General filed a civil lawsuit, which seeks to bar Kalshi from accepting bets from Utah residents and recoup alleged profits the platform earned in the state. Kalshi has previously maintained that its sports event contracts are financial derivatives regulated by the U.S. Commodity Futures Trading Commission (CFTC), not gambling, and thus not subject to state-level oversight. However, Utah and multiple other states argue prediction market platforms must still adhere to state gambling laws. The CFTC has also sued Utah, asserting such contracts should be regulated at the federal level.

According to Bloomberg, a listed subsidiary of GMO Internet Group has fallen victim to a cyber attack, with the impact rippling through Japan's credit market as investor concerns over potential hits to the company's earnings mount. Bloomberg-compiled data shows that as of October 28, the spread of a GMO Internet Group yen-denominated bond maturing in June 2031 widened to around 174 basis points, up from roughly 122 basis points on October 20 — the day before the unauthorized access incident was disclosed.

According to CBC, a federal judge in Miami, U.S., sentenced 20-year-old Canadian man Trenton Johnston to 25 months in prison. He had earlier pleaded guilty to conspiracy to launder money and surrendered approximately $3.8 million in stolen cryptocurrency. Johnston began his criminal activities in January 2024, when he was 17 years old, posing as Google technical support staff and a representative of a crypto company to trick victims into providing their wallet access codes. In one case, he and his co-conspirators defrauded a California victim of 185 Bitcoin, which was worth around $13 million at the time. He then used the illicit proceeds for luxury purchases including a Lamborghini Aventador SVJ, two BMWs, jewelry, and private aircraft rentals.