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2026/11/02
South Korea Aims to Accelerate Semiconductor Factory Production by Two Years
ChainCatcher report: According to Yonhap News, on November 2 in Seoul, South Korea’s Minister of Trade, Industry and Energy, Kim Jeong-gwan, stated at a public forum of the National Economic Advisory Council that the government will integrate three major initiatives—semiconductors, AI data centers,
HSBC to Launch Hong Kong AI Institute in 2027, Partnering with HKUST
HONG KONG: HSBC is setting up an artificial intelligence and emerging technology institute in Hong Kong, as the city's largest bank steps up its AI push following a similar launch in Singapore earlier this year . The bank aims to launch the institute in the first quarter of 2027, Chief Executive Ge
OpenAI Launches GPT-6.1 Terra with 50% Lower Pricing for Task Automation
CoinMarketCap reports:An architectural blueprint is displayed on the screen; the model must interpret the annotations and then open 3D software to create the model. On the other side, an animation requires frame-by-frame review, culminating in a timecode-tagged repair log. OpenAI has assigned GPT-6.
U.S. Midterm Election Adds Uncertainty to Asian AI and Asset Pricing
As the United States officially enters the midterm election week, many industry experts have noted that certain Asian AI-driven regional markets may face new policy uncertainties stemming from the U.S. midterm elections. The election outcome could influence trading dynamics for technology stocks to
China's Supreme People's Procuratorate Releases Two Cases Involving Virtual Currency Settlement in Personal Information Crimes
According to ME News, on November 2 (UTC+8), the Supreme People’s Procuratorate released typical cases of legally protecting citizens’ personal information, two of which are related to the crypto industry. In Case One, Wang and 10 others established a chain involving “domestic sourcing of downstream
China Prosecutors: Two Personal Information Black Market Cases Involved Virtual Currency, Over 9.4 Million RMB Involved
ChainThink reports that on November 2, according to a typical case released by the Supreme People's Procuratorate, Wang and 10 others illegally traded personal information by acquiring it overseas and reselling it domestically, paying fees to overseas upstream actors using cryptocurrency, with the t
Democratic Rep. Supports GOP Candidate, Revealing Party Divide Ahead of 2028
With only two days until the midterm elections, Democratic Congresswoman Haley Stevens of Michigan unexpectedly endorsed a Republican candidate, further exposing internal Democratic Party conflicts over strategy, resources, and preparations for the 2028 presidential election.With only days remaining
Japan's Nikkei fell 0.33%, while South Korea's KOSPI rose 2.24%.
The Nikkei 225 Index closed down 208.25 points, or 0.33%, at 63,081.86 on Monday, November 2, primarily weighed down by chip-related stocks. The South Korean KOSPI Index closed up 128.33 points, or 2.24%, at 5,859.07 on Monday, November 2, after initially falling nearly 2% in early trading; SK Hynix
Anthropic Plans to Sell Up to $3.5 Billion in Shares to Japanese Investors in U.S. IPO
ChainThink reports that, on November 2, documents revealed that Anthropic plans to sell up to ¥552.9 billion (approximately $3.5 billion) in shares to Japanese investors during its U.S. IPO process.The proceeds from the new share issuance will be used to supplement working capital and cover operatin
Hyperliquid AQAv2 Reserve Address Shows Small Transfer; Second Payout May Exceed $15M
According to Mars Finance, on-chain data shows that at 00:00 UTC on November 2, the reserve yield-related address of Hyperliquid’s AQAv2 transferred 2.5247 USDC to the Assistance Fund. This transaction follows a pattern similar to small transfers made prior to last month’s large yield receipt, poten
Major meme coins have fallen over 90% from their all-time highs.
According to data released by Charlie Bilello, CMO of Creative Planning, declines from all-time highs vary significantly across major assets. The S&P 500 is down 3%, Microsoft is down 6%. Palantir, NVIDIA, Amazon, Tesla, Meta, and AMD have declined between 14% and 24%. Gold is down 31%, Google is do
Brazil's Crypto Licensing Deadline Cuts Active Firms to 40
A strict compliance window has sharply thinned the ranks of digital asset companies operating in Latin America's largest market.Brazil's licensing deadline for cryptocurrency companies has come and gone, and only 40 firms are reported to have cleared the bar. The figure, confirmed by two separate ou
Sui and Mercado Bitcoin Announce Multi-Step Partnership in Brazil
Sui and Brazil’s largest crypto exchange, Mercado Bitcoin, laid out a multi-step partnership on Oct. 29 that could broaden on‑ and off‑ramp options and introduce tokenized real‑world assets to Sui — but much of the plan is a roadmap, not a finished product.What was announced- Mercado Bitcoin will in
US-listed Next Technology to Sell or Pledge 5,833 BTC Amid Rising Custody Risks
According to CoinPost, on October 30, U.S. Nasdaq-listed company Next Technology Holding (NXTT) announced that its board unanimously approved the sale or pledging of approximately 5,833 BTC to reduce holding risk and enhance liquidity. The exact number and timing of sales have not been determined, a
GBP/USD Maintains Consolidation Amid Expectations of a UK Rate Hike
FXStreet reports — During the Asian session on Monday, the British pound traded narrowly around 1.3390 against the U.S. dollar, as market sentiment turned cautious. Markets widely expect the Bank of England to raise rates to 4.00% at its November meeting, marking the first hike since August 2023 in
