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2026/11/03

Revolut Adopts Zhipu GLM for Its Engineering Team, Reduces AI Costs to One-Tenth

Huoxing Finance reports that Revolut, Europe’s most valuable fintech unicorn, has made Zhipu’s GLM the default AI coding model for approximately 2,000 engineers, relegating tools like Claude Code and Codex to secondary status, reserved primarily for complex tasks. David Abitbol, Head of AI Operation

Rumors of Anthropic’s Fable 5.5 and OpenAI’s GPT 6.2 Spark Industry Speculation

CoinDesk reports:According to users on X, Anthropic is quietly testing unreleased versions of Mythos and Fable, while OpenAI is set to soon launch GPT 6.2 Astra.However, neither side has confirmed these reports. The rumors primarily stem from a few demonstrations, a single directory entry, and a hid

Marvell to Acquire Lumentum for $11.5 Billion, Aiming to Compete with Broadcom in Optical Communications

CoinDesk reports:IT Home, November 3: U.S. semiconductor company Marvell announced yesterday (November 2) that it will acquire optical communications company Lumentum in an all-stock transaction valued at approximately $115 billion. Note: This is equivalent to approximately RMB 766.52 billion at cur

Nvidia Restricts Chinese AI Access via Cloud Partners

The Financial Times reported Tuesday that Nvidia requires cloud providers to earn at least 51% of service revenue from non-Chinese customers. Nvidia is reportedly asking data-center partners around the world to limit cloud-service sales to Chinese customers, potentially reducing access to advanced A

ASST Stock Price Drops 5% as Strive Adds 124 Bitcoin

Key InsightsASST stock price fell 5% as Strive bought 124 more Bitcoin.Strive stock opened at $22.33, then fell below its previous close.Bitcoin price averaged $80,526 across Strive’s reported $10 million purchase.The ASST stock price fell 5% to $21.08 during the session as Strive disclosed another

Revolut Adopts Zhipu GLM for Engineers, Reduces AI Costs to One-Tenth

ChainCatcher report: Revolut, Europe’s most valuable fintech unicorn, has set Zhipu’s GLM as the default AI coding model for approximately 2,000 engineers, relegating tools like Claude Code and Codex to secondary status, reserved primarily for complex tasks. David Abitbol, Head of AI Operations at R

Corporate Bond Yield Gap Hits 9%, Historically Preceding S&P 500 Drawdowns

By Steve GoldsteinIt can get messy on Wall Street when corporate bond yields climb.The corporate bond market has been flashing a signal that historically precedes bad news for the stock market.It's the gap between the yield on Triple-C and Single-B rated debt. Both are known as junk bonds, but the s

Tether CEO Reveals 150,000 Bitcoin Holdings Worth $11.5 Billion

Tether CEO Paolo Ardoino said Tether owns approximately 150,000 bitcoin, worth roughly $11.5 billion at current prices. Ardoino gave the figure during a keynote at the Plan B Forum in Lugano, Switzerland. The total is roughly 50,000 BTC above the holdings implied by Tether's latest report covering s

Trader closes losing positions, then reopens $43M long positions in ETH and HYPE

PANews, November 3: According to Onchain Lens monitoring, a Hyperliquid trader closed long positions in BTC, HYPE, and ZEC, incurring losses of approximately $4.4 million, $1.13 million, and $600,000, respectively. The trader then reopened leveraged long positions in ETH and HYPE totaling approximat

Tether CEO Reveals Company Holds 150,000 Bitcoin Worth $11.5 Billion

Tether CEO Paolo Ardoino said Tether owns approximately 150,000 bitcoin, worth roughly $11.5 billion at current prices. Ardoino gave the figure during a keynote at the Plan B Forum in Lugano, Switzerland. The total is roughly 50,000 BTC above the holdings implied by Tether's latest report covering s

Apple Stock Drops 4.5% After Earnings Report Disappoints Investors

By Nora RedmondShares in Apple fell 4.5% in Tuesday's premarket trading.Apple's stock has slipped after the iPhone maker disappointed investors with its margin forecast and services growth outlook. Analysts say the slowdown could likely continue until memory prices start to fall.Shares in the Big Te

Tether CEO Confirms Holding 150,000 BTC Worth $11.5 Billion

ChainThink reports that on November 3, according to CoinDesk, Tether CEO Paolo Ardoino stated at the Plan ₿ forum in Lugano, Switzerland, that the company currently holds approximately 150,000 Bitcoin, with a market value of about $11.5 billion at current prices.This position exceeds the approximate

2026 U.S. Midterm Election Could Trigger Altcoin Market Volatility

Republican victories could strengthen Trump’s political position, while losses may introduce uncertainty around future policy decisions.DOGE, HBAR, LTC, DOT, and SUI could experience price fluctuations as investors respond to election developments.Bitcoin’s direction, liquidity, and investor confide

Tether CEO Reveals Holding 150,000 BTC Worth $11.5 Billion

Leading stablecoin issuer Tether now holds about 150,000 bitcoin BTC$76,967.79, worth some $11.5 billion at current prices, CEO Paolo Ardoino said, roughly 50,000 more than the holdings implied by the company’s latest report on the reserves backing its stablecoin.“We have give or take 150,000 bitcoi

Matter Labs Completes SOC 2 Type II Audit for the Prividium Platform

BlockBeats news, on November 3, according to an announcement on the ZK Nation forum, Matter Labs has completed the SOC 2 Type II audit for the Prividium platform, covering security, availability, confidentiality, and privacy. The audit was conducted by Thoropass Assurance, an independent auditing fi

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