[River Responds to Price Volatility: Organized Manipulation, Pts Conversion Mechanism to Be Upgraded] River's official statement indicates that the recent sharp fluctuations in River Pts prices stem from organized market manipulation targeting the River ecosystem and the Pts conversion mechanism. Attackers established a large number of short positions and initiated concentrated Pts conversions, causing severe market disruption. To prevent systemic risks, the team has suspended Pts conversions and implemented market buybacks, after which the attackers quickly closed their positions and exited. Currently, the River team is upgrading the relevant mechanisms and plans to release data and hold an AMA to explain the subsequent response plan.

[U.S.-Thailand Reciprocal Trade Framework Agreement Announced, Thailand Eliminates Tariffs on 99% of Goods] The White House website released a 'Joint Statement on the U.S.-Thailand Reciprocal Trade Framework' on October 26. Thailand will eliminate tariff barriers on 99% of goods, covering all U.S. industrial products, food, and agricultural products. The U.S. will maintain a 19% reciprocal tariff on Thai goods, except for items listed in Annex III, which will have zero tariffs. Annex III refers to the list outlined in Executive Order No. 14346 issued by the White House on September 5, titled 'Potential Tariff Adjustments for Partner Countries.'

[U.S. Government Shutdown May End, Asian Stock Markets Rise Across the Board] Driven by optimism that the prolonged U.S. government shutdown may soon come to an end, Asian stock markets rose across the board. Taiwan's Weighted Index closed up nearly 0.8% on Monday; Indonesia's stock market hit a record high with a 1% gain; South Korea's stock market rose over 3%, just shy of its historical peak, almost recovering all losses from last week, and marked its strongest single-day performance since early April. The MSCI Emerging Asia Stock Index and the Pan-Asia Stock Index excluding Japan both rose over 1%, while the Global Emerging Markets Stock Index climbed more than 1%, reaching a two-week high. IG Australia's market analyst Tony Sycamore stated that the reopening of the U.S. government has restored key services, but the tax refund plan still depends on congressional approval and tariff revenues, raising doubts about its feasibility.

[River Claims RIVER Price Volatility is a Premeditated Attack, Suspends Points Redemption and Upgrades Mechanism] Stablecoin protocol River stated on the X platform that since November 7, the RIVER price has experienced extreme volatility, which was not caused by ordinary market fluctuations but by an organized attack targeting its ecosystem and the River Points (Pts) redemption mechanism. The attackers engaged in market manipulation through large short positions and concentrated points redemptions. To prevent systemic risks, the team has suspended points redemption and initiated market buybacks. After the suspension of redemptions, the attackers quickly closed their short positions. The official announcement stated that they are upgrading the mechanism, releasing data, and planning to host an AMA event to share their future plans.

Bitcoin ETF outflows show institutions are trimming risk, not abandoning crypto, as trading stays off-chain and liquidity begins to improve.