Liquidations across the entire crypto market hit $225 million over the past hour, with long position liquidations totaling $174 million.

Binance released a recovery update announcement today, stating that it has gradually restored withdrawal services for 87 blockchain networks this week, covering networks including APT, HYPE, ETHW, LTC, NEAR, LINEA, MEGAETH, ROBINHOOD, ADA, STARKNET, ICP, AVAX, FIL, etc. The exchange noted that it is continuing to advance withdrawal service restoration, with the goal of reopening withdrawal functions for all remaining networks and assets by the end of next week. Binance also reminded that during the service restoration period, some withdrawals may experience temporary delays or extended processing times due to changes in network traffic and processing volume. If a withdrawal fails, users can retry later. Follow-up progress will be announced via its official X account.

Tom Lee, chairman of Ethereum treasury firm Bitmine, said in a post that he has signed a petition calling for the reinstatement of NVIDIA (NVDA.O) CEO Jensen Huang.

Liquid Capital founder Lihua Yi wrote in a recent article that the crypto market extended its decline on Saturday, driven mainly by the Jensen Huang incident. Market expectations for the future trajectory of US stocks have turned pessimistic, with Yi noting that a further 30% drop in US stocks is not out of the question. Until the situation clarifies, it is unwise to prematurely conclude that the market has hit bottom. Earlier, Yi had identified three key support levels for Bitcoin: $79,000, $75,000, and $71,000 following its pullback from $86,000, and entered a right-side bottom-buying position near $77,000. At that time, Bitcoin’s own structure indicated significant rebound potential. However, amid the US stock plunge, Yi opted to take timely profits, retaining only a small spot position to avoid passive trapping. Yi added that the current crypto market’s trend is highly dependent on US stock performance. Given his pessimism over the Jensen Huang incident’s aftermath and US stock prospects, he will not consider bottom-buying in the short term, and will wait for further clarity on the US stock situation before making any moves.

Beating AI Flash News: Cursor has released the findings of its investigation into the earlier poisoning incident affecting the Claude Code plugin. After a two-week probe, the company discovered the attack originated from its AI service provider, Fireworks. According to Cursor, Fireworks leaked an access key granted by the company. Hackers used this key to copy historical Coding Agent operation logs stored by Cursor in shared storage. The data primarily came from 2025 user sessions that did not have privacy mode enabled, originally intended for model training. More seriously, some API keys in these records were not redacted. Using these credentials, hackers further breached some internal software services used by Cursor, accessing archived non-production code, customer support emails, product usage data, partial AI conversation summaries, and credentials users had submitted to support. On October 29, hackers used credentials stolen from Cursor internally to tamper directly with the extension store’s cache, distributing versions Claude Code 2.1.312 and 2.1.313 embedded with an SSH backdoor to users. The malicious versions were available for approximately 11 hours, with up to 5,000 users potentially downloading them. The upstream plugin marketplace Open VSX was not tampered with, and Anthropic’s official versions remained unaffected. Cursor disclosed that the leaked Coding Agent logs involved fewer than 0.05% of its users, with fewer than 0.01% of users having their API credentials exposed. Sessions with privacy mode enabled, customer code repositories, and production systems were not impacted. Cursor noted the last detection of hacker activity was on November 1, when it was successfully intercepted. The company has now notified affected users, fully ceased using Fireworks for inference requests, revoked its data access permissions, rotated internal credentials, and redeployed production infrastructure.

According to EmberCN's monitoring, the address that went long 1.38 million HYPE at $38.6 last November and has held the position ever since actually belongs to @smartestmoney. The position generated an unrealized profit of roughly $82 million when HYPE rose to $98 in September this year, but as the token has recently dipped below $70, that unrealized gain has shrunk to about $42.95 million, nearly halving. Given the address had previously withdrawn a large amount of margin, the current liquidation price of the position stands at $65.15, just $4.65 away from the current market price. If HYPE continues to decline, this long position will face liquidation risk.

Insight Beating AI News: Anthropic has updated Claude Code Projects, with a key focus on boosting the initiative of its orchestrator agent. The agent can now answer questions directly in the main project chat, proactively report progress on various tasks, eliminating the need for users to open individual sessions to check updates. Two existing commands have also been added to Projects: `/btw` lets users move emerging new issues to a separate session without interrupting the current task; `/fork` creates a new session from an existing one to test different solutions, leaving the original work untouched. Users can also set reminders for any session—for example, asking Claude to remind you to check a specific task tomorrow will temporarily hide the relevant session from the list, which will reappear at the scheduled time and be flagged by the orchestrator in the main chat. Additionally, individual sessions can now generate read-only links to share with any logged-in Claude user, though sessions accessed from a local computer cannot be shared. The interface has also added entry points for recently used, updated, and pinned sessions, plus thumbnails of files generated in each session; project settings and local folder access have been simplified. These updates are available on web and desktop, with the latest mobile version adopting the new interface. Claude Code Projects remains in public beta for Pro and Max users; users who have not yet qualified can continue to apply for the waitlist.