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2026/11/02

MAS Proposes Easing Insurers' Capital Requirements, Allocates S$30M for Infrastructure

[SINGAPORE] Singapore is proposing to ease capital requirements for insurers investing in certain infrastructure and securitised assets, to boost the local infrastructure financing ecosystem and mobilise private capital for Asia’s infrastructure needs.The Monetary Authority of Singapore (MAS) will a

FOMO Drives the Market: 5 Top Stocks to Buy Before the 2026 U.S. Midterm Elections

Following recent AI-related fears, fear of missing out (FOMO) or greed remains one of the most powerful emotions driving stock trading. Investors experienced it during the dot-com bubble, saw tech favorites surge during the COVID-19 pandemic, and are now witnessing an extraordinary rally in AI stock

BTCPay Server Hot Wallets Drained Due to Outdated Versions

Attackers gained admin access to outdated BTCPay Server instances and swept their hot wallets, and traces point to flaws that predate an August patch.The damage falls on operators who never updated, and the team has yet to disclose the total losses. BTCPay Server is a free, open-source payment proce

Jim Cramer Warns Against Assuming Tech Market Bottom After $1 Trillion Chip Stock Drop

Semiconductor stocks lost around $1 trillion in market value on Friday, with Intel Corp. (NASDAQ:INTC) shares plunging over 28% in a day.Intel’s fourth-quarter outlook landed well short of expectations, triggering the decline. Nvidia Corp. (NASDAQ:NVDA), Advanced Micro Devices Inc. (NASDAQ:AMD), Tai

Pando Rings hacker transfers 4,000 ETH to Tornado Cash after Aave loan

Huo Xing Cai Jing reports that on November 2, according to PeckShield monitoring, the PandoRings exploit address deposited 16.8 million USDT into Aave, borrowed 5,000 ETH, repaid the debt, and withdrew collateral on October 30. Subsequently, the address exchanged 16.7 million DAI for 7,548 ETH and d

Circle Submits Comment Letter to SEC on Payment Stablecoin Treatment

TL;DR: Circle’s comment letter asks the SEC to align its crypto-asset proposal with payment-stablecoin rules. The company’s requested treatment remains a policy position, not a Commission decision.Circle has set out how it wants payment stablecoins to fit into the SEC’s proposed framework for crypto

Goldman Sachs Identifies Seven Market Recovery Signals Amid 2026 Challenges

Original author: Xu ChaoSource: Wall Street JournalU.S. equities ended October with a period of intense volatility; in his latest weekly report, Goldman Sachs derivatives strategist Brian Garrett identified seven market "recovery" signals, suggesting that current positioning and sentiment have creat

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

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