Over the past 24 hours, global crypto liquidations hit $983 million, with both long and short positions being liquidated.

Chun (@satofishi) sold 6,200 $wstETH for 18.5M $USDC 10 hours ago.

Beating AI Express News: OpenAI has announced the acquisition of development tools startup Pierre Computer, with plans to add code hosting functionality to Codex. Historically, Codex has focused on helping developers write and edit code; now, OpenAI aims to take over code storage and management, positioning it to directly compete with Microsoft-owned GitHub. Pierre’s two open-source tools, Trees and Diffs, are already integrated into Codex, used for browsing project files and reviewing code changes respectively. OpenAI’s acquisition target also includes Pierre’s commercial code hosting service, Code Storage. Code Storage can save code, track modification history, and offer APIs that enable AI agents to directly create and manage code repositories, supporting simultaneous operations by multiple agents. Currently, AI programming products including Lovable, Bolt, and Amp are already using the service. OpenAI is also revamping its own code management system. On November 2, the company unveiled its in-house developed Pando, a tool designed specifically to resolve performance issues when a large number of agents write code and submit changes simultaneously. Pando is already in internal use at OpenAI, cutting the median time for code pushes by nearly 80%. Following the acquisition, OpenAI will gradually integrate Code Storage into Codex. Pierre’s existing open-source projects will remain open-source.

Variational founder Lucas.var announced in a post that the team decided mid-September to allocate substantial development resources to protocol security audits and enhancements, including additional audits of codebases and operational workflows, AI-driven penetration testing and red team exercises, among other measures. The public mainnet is nearing launch, with transaction APIs being gradually rolled out to a small group of whitelisted alpha testers, and a public release is slated for this month. Additionally, Variational confirmed the project remains on track for its planned Token Generation Event (TGE) this year, and will unveil major partnership details referenced in its token economic model update, with further progress expected to be disclosed starting late this month.

According to data from Bitget's stock platform, Hong Kong stocks rallied across the board in morning trading. As of approximately 10:14 Hong Kong time, the Hang Seng Index stood at around 24,600 points, up nearly 2.8%; the Hang Seng Tech Index was at roughly 4,127 points, surging over 4.8%, with both indices reclaiming the 24,000 and 4,000 thresholds respectively. Leading tech and internet stocks led the gains: NetEase rose over 8%, Meituan-W gained over 8%, Li Auto-W jumped over 8%, Xiaomi Group-W advanced over 7%, Alibaba-W climbed over 5%, and Tencent Holdings added over 5%. HSBC Holdings rose over 4%, BYD Co. gained nearly 5%, and SMIC increased over 3%. AI hardware-related stocks saw divergent and weak performance, with Lenovo Group falling nearly 8%.

According to monitoring by ai_9684xtpa, an entity affiliated with a16z has deposited a total of 148,145 HYPE tokens across major trading platforms over the past 16 hours, worth approximately $12.63 million, at an average deposit price of $85.26. As the largest external holder of HYPE, this address has transferred around 233,000 HYPE tokens since October 30, valued at over $20.6 million. If all the related tokens are sold, the estimated profit would be roughly $1.141 million.

Canary Capital’s Canary Staked INJ ETF filed Form 8-A with the U.S. Securities and Exchange Commission (SEC) on November 3. The filing confirms that the ETF’s common equity shares have been approved for listing on Nasdaq, with the trading ticker INJC.