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2026/11/06
Nigeria Introduces New Stablecoin Regulations Affecting Tether and Circle
In Brief:Nigeria’s new stablecoin framework requires foreign issuers like Tether and Circle to meet local licensing and substantial capital requirements.Cryptocurrency platforms facilitating P2P transactions face stricter approval requirements, while stablecoin issuers must maintain full reserves an
Core Scientific to Exit Bitcoin Mining Despite Q3 Revenue of $233M
Core Scientific, once the largest Bitcoin [BTC] miner, has released its Q3 2026 report, but at the same time it has also announced its plans to completely exit Bitcoin mining by the end of 2026.During its Q3 2026 earnings call, Chief Financial Officer Jim Nygaard said the company expects to complete
U.S. Democrats Plan to Push for AI Regulation in 2027, Targeting Big Tech
Huo Xing Cai Jing reports that on November 6, the U.S. Democratic Party plans to aggressively advance AI regulatory legislation and expand investigations into major tech companies after taking control of Congress in January next year. Proposed legislation focuses on limiting data center expansion th
Solana's Shanghai Event Halted Over Unauthorized Promotions
Chinese authorities reportedly stopped a Solana-related event planned for Shanghai after alleging unauthorized promotional activity involving domestic entities, according to Financial News, a state-backed publication. The report, citing an unnamed official linked to the People’s Bank of China (PBOC)
CoreWeave Stock Rises 10.83% on Friday Ahead of Earnings
Benzinga Pro data showed CoreWeave shares rising 10.83% to $48.39 at publication on Friday. The advance followed Thursday's decline ahead of earnings due Tuesday. CBS News reported that CoreWeave lost 9.8% Thursday while the Dow Jones Industrial Average dropped more than 1,800 points.AI cloud servic
Wall Street Slashes Mining Stocks as AI Infrastructure Is Repriced According to Power Availability
Author: HuohuoWall Street collectively lowers mining company stock prices; AI infrastructure begins pricing based on "availability of electricity"TL;DR · The midterm elections turned data center permitting into a state-level issue, with candidates advocating restrictions on new projects becoming foc
Immutable to transition to an Ethereum rollup with a 1-second block time by 2027
Author: Shenchao TechFlowImmutable announces transition to Ethereum Rollup: Migration to OP Stack by 2027, block time reduced to 1 secondOn November 6, 2026, Beijing Time, Web3 gaming blockchain Immutable officially announced its underlying evolution roadmap, planning to upgrade Immutable Chain from
Former Goldman Sachs CEO Criticizes U.S. Resistance to AI Data Centers, Calls It 'Gift to China'
Former Goldman Sachs CEO Lloyd Blankfein said building data centers could help restore U.S. industrial capacity, while widespread resistance could benefit China. Blankfein argued on Thursday that decades of industrial decline in the United States have damaged the middle class and, to some degree, na
AI-driven stock sell-off spills into bond market, with SoftBank USD bonds leading the decline
Author: Zhang YaqiThe AI stock sell-off spreads to the bond market, with SoftBank’s USD bonds leading the declineThe sell-off in AI stocks has spread from the stock market to the credit market, with SoftBank Group hit hardest, as its dollar-denominated bonds posted their largest single-day decline i
Bloom Energy Stock Surges 11.51% Pre-Market on Google Fuel Cell Project
Benzinga Pro data showed Bloom Energy shares gaining 11.51% to $186.80 before Friday's market opening as investors reacted to a Google-linked fuel cell project. Bloom Energy shares had lost 16.41% during the previous session. Nasdaq futures advanced 1.81%. S&P 500 futures increased 0.38%, indica...
JPMorgan Ranks Bitcoin Top in 10-Year Outlook with 10% Annual Return
Bitcoin is considered a highly volatile and risky asset, and the extent to which it should be included in investment portfolios continues to be debated.At this point, following 21Shares’ report, JPMorgan also published a study.At this point, JPMorgan included Bitcoin in its 2027 Long-Term Capital Ma
BlackRock deposits 1,883 BTC, worth $143M, into Coinbase Prime
ChainThink reports that, on November 6, Arkham monitoring showed that BlackRock deposited 1,883 BTC into Coinbase Prime’s hot wallet via its Bitcoin ETF, IBIT. The transfer occurred approximately one hour ago and is valued at around $143 million.
Reth State-Root Bug Sparks Emergency Patches on Base, BNB Chain — No Funds Lost
Headline: Reth client bug sparks quick patches across EVM networks — Base and BNB Chain respondA recently discovered bug in Reth, an Ethereum execution client developed by Paradigm, triggered a flurry of security alerts and software updates across multiple EVM-compatible networks after it was found
Bitcoin Developer Proposes 'Quantum Landmines' to Deter Future Quantum Theft
Bitcoin developer Cory Fields has floated a provocative countermeasure to a future quantum threat: “quantum landmines” that could make would-be thieves risk losing their own BTC if they try to steal coins from wallets whose public keys have already been exposed.In a November 4 post to the Bitcoin De
US October Nonfarm Payrolls Expected to Rise to 65K
The United States (US) Bureau of Labor Statistics (BLS) is set to release October Nonfarm Payrolls (NFP) data on Friday at 13:30 GMT. The report is expected to show an increase of 65K jobs, up from 29K in the previous month.Even though market participants widely expect the Federal Reserve (Fed) to r
