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2026/11/02

Analyst: Lumentum Management May Believe the Market Will Collapse in 2–3 Years

According to ME News, on November 2 (UTC+8), Citrini analyst Jukan commented on social media regarding the event of Marvell's acquisition of Lumentum, stating that the only explanation for Lumentum’s management accepting this deal is their lack of confidence in the current AI development cycle. They

Standard Chartered Launches Tokenized Deposits for Corporate Clients in Hong Kong

Standard Chartered now allows corporate clients in Hong Kong to move money in the form of tokenized deposits.The service uses Standard Chartered's blockchain system and infrastructure developed by the Hong Kong Monetary Authority (HKMA). Banks can transfer deposits between one another in real time,

Amazon Stock Rises After Phillip Securities Upgrades to Buy, Sets $330 Target

Amazon (NASDAQ: AMZN) shares rose 1% to $242.79 in Monday’s premarket trading as Phillip Securities upgraded the stock from Accumulate to Buy and increased its price target from $320 to $330 following the company’s third-quarter earnings.- Advertisement -Analyst Helena Wang cited accelerating growth

SpaceX Stock Rises Amid Reported Talks to Buy Boost Mobile or Gain Network Access

SpaceX (NASDAQ: SPCX) shares rose about 2% in pre-market trading on Monday, as the company reportedly held discussions with EchoStar (NASDAQ: ECHO) about acquiring Boost Mobile or gaining access to its leased wireless network capacity.- Advertisement -The Washington Post reported that SpaceX has bee

Tether Freezes 4.5 Million USDT Linked to the Mercado Bitcoin Security Incident

Odaily Planet Daily reports that Tether CEO Paolo Ardoino stated that Tether has frozen over 4.5 million USDT related to the Mercado Bitcoin security incident.Mercado Bitcoin previously stated that a security incident occurred in one of its systems, but no customer losses or data breaches took place

Core Fork Recovers 68.15M CORE After b14g Hack

Core used a hard fork to recover 68.15 million CORE from three addresses that b14g identified as attacker-controlled after the protocol’s Oct. 31 hack, according to a b14g recovery update.The recovery represents about 70.2% of the approximately 97.05 million CORE affected, according to The Defiant’s

Northwood Space Completes $375M Series C Funding at $2B Valuation

CoinDesk reports:Space infrastructure company Northwood Space announced on Monday that it has completed a $375 million Series C round led jointly by Andreessen Horowitz and DFJ Growth, valuing the company at $2 billion.Northwood, founded in 2022, primarily develops antennas, software, and other tech

Mercado Bitcoin Suspends Withdrawals After Security Incident, Identifies Affected Wallets

Mercado Bitcoin kept deposits and withdrawals suspended after a security incident on Nov. 2, leaving customers unable to move funds into or out of the Brazilian crypto exchange while its teams worked to restore operations.In a subsequent update, the exchange identified destination addresses involved

Jito Names Triton One, Bitwise, and SOL Strategies as First BAM Node Operators

Jito named Triton One, Bitwise and SOL Strategies as its first third-party BAM Node operators on Monday, beginning a staged expansion beyond Jito-run infrastructure for ordering Solana transactions.All three firms have their hardware in place and are working through setup ahead of going live on test

How mNAV and Dilution Affect Value in Crypto Treasury Stocks

Crypto treasury stocks are shares in companies that accumulate digital assets on their balance sheets. They offer indirect exposure to bitcoin or ether through the stock market, without requiring investors to hold coins themselves. But common shareholders own corporate equity—not a right to withdraw

NEAR Slides 6% Amid Market Sell-Off and Security Incident

NEAR Protocol [NEAR] was one of the “most viewed coins” on the 2nd of November, according to CoinGecko on X. The AI-native platform’s utility token has shed 6.48% in 24 hours, with a 15.7% decrease in daily trading volume.The short-term losses were part of the 32% price correction NEAR saw in the pa

BIT partners with AMINA to expand the digital asset market in Switzerland

Hong Kong, November 2, 2026 — During Hong Kong FinTech Week, global digital asset financial services group BIT (formerly Matrixport) and AMINA (Hong Kong) Limited, a subsidiary of AMINA Bank AG, regulated by the Swiss Financial Market Supervisory Authority (FINMA), jointly hosted the premium network

OpenAI Signs Multiple AI Cooperation Agreements with Abu Dhabi

Huo Xing Finance reports that on November 2, according to the Abu Dhabi Media Office and CNBC, Sam Altman, CEO of OpenAI, met with Sheikh Khalid bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Executive Council, and witnessed the signing of multiple cooperation agreeme

Anthropic Q3 revenue exceeds $17 billion, but net loss reaches $233 billion.

ChainThink reports that, according to filings submitted by Anthropic to the U.S. Securities and Exchange Commission, the company's revenue for the third quarter ended September 30 reached nearly $17 billion, a 12-fold increase compared to the same period last year;The net loss for the period reached

Qtonic Quantum Appoints Former NATO Land Forces Commander to Oversee Operations

CoinDesk reports:Qtonic Quantum appoints former NATO Allied Land Command commander to oversee operations.Qtonic Quantum Corp announced that, with the federal migration deadline now in effect, the company has appointed retired U.S. Army Lieutenant General Roger L. Cloutier Jr., former Commander of NA

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