FlashPANews
Zhao Changpeng Demands Elon Musk Stop Teasing, States Binance's SPCX Stake Is Worth Over $1 Billion
Zhao Changpeng (CZ) posted on the X platform, demanding Elon Musk to "stop teasing", and stated that Binance invested $500 million in Elon Musk's acquisition of Twitter back then, and the resulting SPCX stake is now worth over $1 billion, expressing the hope that Elon Musk will "show a little support". Previously, 0xngmi published a post claiming that Binance holds approximately $144 billion in custodied assets, and after USDT and USDC were frozen, the total loss amounted to roughly $1 billion, accounting for 0.69% of custodied assets. Zhao Changpeng responded that the actual loss "may be slightly higher than this figure", but Binance will cover the full amount. Subsequently, user @HuaweiMate6 posted a teasing image, to which Elon Musk replied with a "😬" emoji.
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View allAave Proposes Cutting Lending Caps for V3 and V4, Removing Approximately $3.8 Billion in Unused Borrowing Limits
Per the Aave governance forum, risk service provider LlamaRisk has proposed lowering the borrow caps for 27 total reserves on Aave V3 and the draw caps for 6 total credit lines on Aave V4, with the new caps set at approximately 1.02 times the borrowing amount recorded prior to the exploit. Aave previously froze V3 and V4 reserves following the Binance hot wallet incident on October 29. The adjustment will remove roughly $3.7 billion in unused limits from V3 and approximately $130 million from V4. Taking V3 Core as an example, the WETH borrow cap will be reduced from 2.4 million units to 1.79 million units, while USDT and USDC will be lowered to 2.56 billion and 2.27 billion respectively. LlamaRisk noted that the attacker still holds large volumes of ETH, stablecoins, and governance tokens, and could rapidly establish large positions once the markets are unfrozen.
Microsoft Completes Pricing of $25 Billion 10-Tranche Bond Offering, Longest Maturity Extends to 2066
Microsoft has completed pricing for its 10-tranche USD-denominated note issuance, with a total size of $25 billion. The offering includes $1 billion each of floating-rate notes maturing in 2028 and 2029, as well as 8 tranches of fixed-rate notes totaling $23 billion with maturities ranging from 2028 to 2066. The coupon rates range from 4.85% to 6.35%, with spreads of 25 to 105 basis points over corresponding U.S. Treasury securities. The notes are scheduled for settlement on November 4, carrying credit ratings of Aaa from Moody's and AAA from S&P respectively. This marks Microsoft's first USD bond issuance since 2017.
Midterm elections, earnings, jobs data loom for AI-wary market
Midterm elections, earnings, jobs data loom for AI-wary market
SpaceX pre-market down over 3%, Tesla down 2.4%
Binance US equity market data shows SpaceX (SPCX.O) is down over 3% in pre-market trading, while Tesla (TSLA.O) is down 2.4%.
Changxin Technology: Net Profit for the First Three Quarters of 2026 Reaches 132.04 Billion Yuan, Turning Year-over-Year Loss to Profit
Changxin Technology: Net profit for the first three quarters of 2026 totals 132.04 billion yuan, reversing the year-over-year net loss to a profit. Revenue for the third quarter of 2026 stands at 118.714 billion yuan, representing a 613.18% year-over-year increase; total revenue for the first three quarters amounts to 269.024 billion yuan, marking a 738.51% year-over-year growth. Earlier this month, it was disclosed that Changxin Technology plans to repurchase the company's shares at a total consideration ranging from 1 billion yuan to 2 billion yuan. The maximum repurchase price is set at 72.69 yuan per share, with funds sourced from the company's own capital or self-raised funds.