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2026/11/07

USDC circulation drops by $800M in 7 days, total supply at $69.2B

PANews, November 7: According to official data, over the seven days ending November 5, Circle issued approximately $12.7 billion in USDC and redeemed approximately $13.5 billion in USDC, resulting in a net reduction of about $800 million in circulation. The total circulating supply of USDC is $69.2

Kalshi's Election Market Attracts Millions as Spectators Outnumber Traders

Millions used Kalshi to follow the midterm elections this week without placing bets, and most spectators lacked accounts. Kalshi said in October that spectators outnumbered traders by five to one in the exchange's midterm markets. The figures are difficult to verify, and Kalshi has not defined the r

U.S. 'Big Seven' AI Investments Face Pressure as Cloud Giants' Cash Flows Turn Negative

ME AI News, Dongcha Beating AI Brief: Following the U.S. midterm elections, market concerns have grown regarding tighter AI regulation and declining investment. NVIDIA generates over 90% of its revenue from data center operations, making its growth highly dependent on sustained downstream spending.

Robinhood Chain advances the practical implementation of the Uniswap v4 hook mechanism.

Author: William M. Peaster, BanklessCompiled by Deep潮 TechFlowDeepChain Overview: Retail trading giant Robinhood’s entry into Layer 2 is delivering profound positive feedback to the decentralized exchange ecosystem. On Robinhood Chain, Uniswap v4’s Hook mechanism has fully transitioned from theoreti

Bitcoin Traders Weigh Bottom or Bull Trap Amid Weak October

Three Things to KnowBitwise raised its long-term bitcoin target to $1.6 million by 2036 in a new institutional report.Bitcoin sits just under its 50-day average while momentum still leans toward sellers.The 200-day average near $76K is the floor that decides whether a bottom forms.Bitwise Asset Mana

Kalshi Midterm Election Market Volume Exceeds $2.5 Billion

ChainCatcher report: Predictive market platform Kalshi disclosed that total trading volume for markets related to the 2026 U.S. midterm elections exceeded $2.5 billion, nearly double the $1.3 billion recorded during the entire 2024 election cycle. On election day and surrounding periods, Kalshi’s pl

Microsoft Prioritizes Own Data Centers Over Neocloud Partners

Microsoft Corp. (NASDAQ:MSFT) is reportedly scaling back its reliance on third-party AI cloud providers, putting its own data centers first in a move that raises fresh questions for the debt-heavy neocloud sector.Microsoft is still evaluating which neoclouds to drop, CNBC reported on Friday, citing

DeepSeek web and API services partially offline; official says repairs have been implemented.

ChainCatcher report, according to the Science and Technology Daily, AI company DeepSeek has again experienced issues with its chat functionality, with the chat interface temporarily displaying “Server busy, please try again later.” The official status page indicates that partial outages began at 15:

OpenAI Reportedly Secures $11 Billion in Funding, Valued at $1.25 Trillion

The fresh capital reportedly values the AI company well above its previous funding round.OpenAI has reportedly closed an $11 billion funding round that values the company at $1.25 trillion. The figures were reported separately by Cryptopolitan and Nairametrics on November 7.Neither outlet named the

Amazon to Deploy More Than 3,000 Tata Electric Trucks in India

CoinDesk reports:Amazon is not only electrifying its delivery operations in the United States. The e-commerce giant founded by Bezos clearly understands the benefits of electric vehicles and is actively working to deploy them in as many locations as possible. This global initiative is now expanding

SEC filings reveal $7.4 billion in stock sales by AI tech executives prior to the market crash.

Author: Protos StaffCompiled by Deep潮 TechFlowDeepChain Summary: This week, Nasdaq tech stocks suffered a single-day plunge, triggering circuit breakers in external markets. However, SEC filing records reveal that months before the crash began, senior executives at Silicon Valley’s leading hardware

The abbot of Taiwan's Donglin Temple and his son are allegedly accused of embezzling $70 million in donations through virtual currency and precious metals.

ME News reports that on November 7 (UTC+8), the renowned Taiwanese temple Donglin Temple in Yilan was accused of money laundering and embezzlement of charitable donations. According to reports, the abbot, Zhang Qingyu, and his ordained son, Zhang Weifu, allegedly deceived donors and misappropriated

Huang Licheng sells BAYC NFT for $28,000, incurs $32,000 unrealized loss on ETH position

Huo Xing Cai Jing reports that on November 7, according to TradingBeats monitoring, Huang Licheng, known as "Maji Dage," was liquidated again yesterday. Over the past five days, he raised $223,000 by selling 15 NFTs at a loss of $505,000, only to lose that amount again. Today, he sold Bored Ape Yach

U.S. Busiest Ports Labor Talks Extended to November 20

ME News reports that on November 7 (UTC+8), the union representing approximately 250 security personnel at the United States’ busiest ports agreed to extend negotiations for a new labor contract by two more weeks, until November 20. The Pacific Maritime Association stated that both parties will cont

Keplr Wallet Suspends Google and Apple Login Amid Unauthorized Transactions

Odaily Planet Daily reports that, according to Keplr Wallet monitoring, Keplr Wallet has received reports of unauthorized transactions on wallet accounts created via Google or Apple login, and has notified the Web3Auth team; both parties are currently conducting a joint investigation. Based on preli

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