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2026/11/05
France Budget Vote Rejects Stablecoin Tax and Wallet Reporting
France’s National Assembly has rejected the revenue section of the country’s 2027 state budget, removing crypto-related amendments from the version of the bill that will move to the Senate. The decision came late Wednesday during first reading, with lawmakers voting 458–0 (two abstentions) against t
MarsBit: Pre-market U.S. stocks see declines in storage, cloud computing, and optical communication sectors, while biotech rises.
Huo Xing Finance reports that on November 5, according to data from the BIT stock platform, pre-market trading in the U.S. saw broad declines in the storage, cloud computing, and optical communications sectors, while the biotechnology sector rose overall. Specifically:
Micron fell 2.71%, SanDisk f
The Trump family's crypto assets face repricing following the midterm election
Author: David, Shenchao TechFlowThe U.S. midterm elections concluded on November 3.The Democratic Party won control of both the House and the Senate, flipping them blue. The Trump administration will now face a Congress controlled by the opposition party for the remainder of its term, and investigat
Baidu open-sources the ERNIE 5.5 Flash model with 280 billion parameters.
ChainCatcher report: Baidu has open-sourced the model weights of Wenxin ERNIE-5.5-Flash-Base. Following the Wenxin 4.5 series in June 2025, Baidu has once again open-sourced a trillion-parameter large model after approximately 16 months; during this period, the released Wenxin 5.0 and 5.1 models wer
South Korea Delays Crypto Gains Tax to 2029 Amid Investor Backlash
South Korea will delay its long-awaited crypto gains tax for a fourth time, pushing it back to 2029. The levy was originally due to take effect in January 2027.The decision contrasts sharply with Hong Kong, which approved its own crypto tax reporting law on Wednesday.A Tax Proposal Every Crypto Inve
TI Launches Industrial Ethernet and IO-Link Products to Simplify Factory Integration
CoinDesk reports:Pre-certified multi-protocol modules and advanced IO-Link masters expand TI’s industrial communication portfolio, designed to support a future-ready industrial networking ecosystem.Key news highlights:TICS100MOD is the industry's smallest fully featured multi-protocol communications
Bitcoin Holds Near $80K Ahead of Fed Decision as ETF Demand Returns
Bitcoin is trading near the $80,000 level as investors prepare for another important Federal Reserve decision and reassess institutional demand through spot Bitcoin ETFs.BTC has recovered sharply from its mid-year weakness, but the market is now approaching a zone where macroeconomic expectations, E
U.S. Midterm Election Outcomes and Market Implications for the Next 12 Months
The results of the midterm elections have largely been finalized. For the market, the changes in Washington’s power structure raise more important questions than daily index movements: which policies are still feasible, which are not, and where the president will likely shift policy focus. The marke
House Democrats Consider Expanded Crypto Bill with Greater SEC Oversight
The proposal could revive Waters’ protections, including customer fund segregation, 24-hour withdrawals and monthly proof-of-reserves reports.Democrats are considering a larger SEC role and more limited CFTC authority, reversing the House-passed CLARITY Act’s approach.The bill remains under discussi
Bittensor Subnets Revenue Doubles to $70M, TAO Price Hits $237
Bittensor [TAO] has had a good day over the last 24 hours. A really good one, actually. What’s going on behind the scenes?Bittensor subnets hit $70 million in annualized revenuePart of the excitement might just come down to money really being made on the network.SubConnect recently estimated that th
The Trump Family's ABTC reports $126M net profit for Q3, with Bitcoin holdings increasing to 8,427.
The Trump family's cryptocurrency mining company, American Bitcoin (ABTC), released its third-quarter 2026 financial results, reporting a net profit of $126 million, compared to a net loss of $57.2 million in the previous quarter. The turnaround to profitability was primarily driven by fair value ga
Pudu Robotics Unveils 'One Brain, Multiple Embodiments' Strategy and Full Product Line in Europe
CoinDesk reports:On Thursday, global commercial robotics company Pudu Robotics held its first European Partner Summit in Amsterdam, announcing that its global strategy has entered a new phase. Under the theme “AI in Action: Scaling Impact Across Europe—Together,” the company unveiled its “One Brain,
Morgan Stanley: Midterm Election Won't Halt AI Investment Cycle; U.S. Stocks Remain Bullish
Morgan Stanley: Midterm Elections Do Not Alter the AI Investment Cycle; U.S. Stocks Have Long-Term Bullish Outlook, Recommend Increasing Global Stock Allocation. GoldNews reports that on November 5, Morgan Stanley released a report analyzing how the Democratic Party's decisive victory in the midterm
India Identifies China-Linked AI Tools in Ongoing Hacking Campaign Targeting Financial Firms
The Indian Computer Emergency Response Team (CERT-In) identified Crafty Falcon as the group responsible for AI-driven breaches of non-bank lenders, fintech companies and cryptocurrency exchanges. CERT-In issued the advisory on Wednesday. The agency identified ARTEX, PentAGI, Cairn and CyberStrikeAI
GPT-6 Astra Challenges the Embodied Intelligence Industry’s 'Brain' Narrative
The emergence of GPT-6 Astra has unexpectedly opened a breakthrough in solving the long-standing "brain" problem plaguing the embodied AI industry, bringing significant disruption.In Astra’s real-world demo video, this general-purpose large model, not specifically trained for robotics, controls a $几
