St. Louis Fed President Alberto G. Musalem said monetary policy and overall financial conditions remain accommodative, while inflation is still too high. According to Odaily, Musalem said inflation is unlikely to ease without Fed action and that raising rates earlier could reduce the risk of a shock to the broader economy.

Grand Canyon Hotel Services LLC, operator of the 101-room Grand Canyon Inn in Valle, Arizona, filed for Chapter 11 bankruptcy protection on October 29 to restructure its debt. According to Sina Finance, court records show the company listed assets and liabilities in the range of $1 million to $10 million; it also operates seven other hotels across the United States. A 2025 wildfire that destroyed Grand Canyon Lodge and an August 29, 2026, flash flood damaged park infrastructure, while hotel occupancy and revenue in the area fell. The Grand Canyon Inn was listed for sale on July 14, 2026, for $7.95 million. A planned renovation of the company’s 28-room Grand Canyon Motel and construction of a 50-space RV park have an uncertain future as the bankruptcy proceeds.

A whale made a single $290,608.89 purchase of the 'Republican Sweep' outcome in Polymarket's 'Balance of Power: 2026 Midterm Elections' market. According to ChainCatcher, the outcome's implied probability was 94% at the current trade price.

According to Jin10, 2028 FOMC voter and St. Louis Fed President Alberto G. Musalem will speak in 10 minutes.

According to CNBC, the American Federation of Teachers sued the Trump administration Friday, alleging officials unlawfully blocked student loan forgiveness for tens of thousands of eligible borrowers. The lawsuit alleges Education Secretary Linda McMahon mismanaged the Public Service Loan Forgiveness program by miscounting payment timelines and failing to credit qualifying service. It also challenges delays in the PSLF Buyback program; 88,000 borrowers were still awaiting decisions as of the spring, according to a court filing. The Education Department said it was correcting coding errors from the Biden administration that had led to inaccurate payment counts.

Binance founder Changpeng Zhao (CZ) said the impact of an exchange hack should not be judged by its dollar size alone, arguing that the key question is whether the platform can cover the losses in full. In posts on X on Friday, October 30, he said the Binance incident is the largest in US dollar terms but not in bitcoin terms, and shared a comparison with the Mt. Gox hack.Binance vs. Mt. GoxAccording to CZ’s comparison, the Binance incident involved about $6.36 billion in mixed crypto assets, including about 18,270 BTC and 420,000 ETH. Mt. Gox lost 650,000 to 850,000 BTC between 2011 and 2014, worth $450 million to $500 million at the time but more than $50 billion at today’s prices.MetricBinance (Oct 2026)Mt. Gox (2011–2014)Value at the time~$6.36 billion~$450–500 millionAssets lostMixed crypto, incl. ~18,270 BTC and ~420,000 ETH~650,000–850,000 BTCShare of marketA fraction of the crypto market~5%–7% of all bitcoinValue today~$6.36 billion$50+ billion Market Impact and Who Bears the LossCZ said a better measure of market impact is the share of bitcoin’s supply involved, where Mt. Gox’s loss equaled 5% to 7% of all bitcoin at the time. He also pointed to how many users were affected: at Mt. Gox, then the largest exchange, and at FTX, nearly all users and their assets were hit.The most important question, CZ said, is who bears the loss and whether the platform covers it in full. In Binance’s case, he said, the platform is the only victim. Binance has reserved more than $6.34 billion of company funds to cover all losses.CZ acknowledged the incident is “still a major disaster for the industry, Binance (and me).” “It hurts, but we survive,” he wrote. “Most importantly, we protect our users.”

Anthropic’s S-1 filing is in, and Google had a difficult week, Ed Ludlow said on Bloomberg Tech’s The Rundown, according to Bloomberg.

Anthropic has filed for an IPO, with an expected valuation of $1.5 trillion to $2 trillion. Looking at the revenue and gross margin in the prospectus, is a large-scale model company a good business?

SlowMist Security Team Recapsulates the $783,000 ZKLink Theft: Arbitrator's arbitrary external calls superimposed on uncleaned transient storage, allowing attackers to exploit multiple vulnerabilities.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on AI, DeFi, DAO, NFT, and the metaverse industry.

Buying a 5-year default insurance policy on $1 million of Oracle debt costs $31,500 a year; CoreWeave costs $114,500. The credit alarm bells for AI are ringing.

The Shanghai Composite Index fell below 3600 points, and the ChiNext Index retreated 45% from its June high. Multiple indicators, including valuation, sentiment, capital flows, and policy, suggest that the A-share market may be nearing a temporary bottom, but the bottoming process will still take time.

The two founders of a16z donated $92 million to support pro-AI politicians during this election cycle, using political donations to protect their trillion-dollar holdings.

Personal Agent缺的不是模型能力，而是主权归属、上下文控制和让各方愿意付费的商业闭环。

The hot wallet was emptied by EIP-7702 authorization, freezing approximately 3 billion and resulting in a net loss of approximately 1 billion. The key is whether SAFU can cover the losses and restore trust.

Trezor warned customers who bought wallets through CryptoBilis since March 2026 to move their funds after a Safe 5 device was found with a suspected implant that could steal recovery phrases. The company is arranging laboratory tests and offering affected buyers replacement devices, while urging them to create new wallets with fresh recovery phrases.

Binance's hot wallet saw an outflow of approximately $6.3 billion within 55 minutes, with stablecoin issuers freezing about $3 billion, putting pressure on both reserve coverage and custody security.