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Key Overnight and Morning News Roundup (Nov 9 – Nov 10)

Nov 10, 10:17

Coinbase receives a formal national trust charter from the US OCC

Coinbase said the Office of the Comptroller of the Currency (OCC) has converted its trust charter from conditional approval to a formal charter. On April 2, 2026, Coinbase received conditional OCC approval to establish Coinbase National Trust Company. Coinbase previously said the charter serves to bring its custody and market infrastructure businesses under unified federal supervision and to provide a foundation for new products such as payments; the company will not take retail deposits or engage in fractional-reserve banking. Coinbase, Inc. will continue to be supervised by the New York State Department of Financial Services (NYDFS), and its BitLicense and state trust charter remain unchanged.

Last month, Ripple also obtained a formal OCC trust charter. The Independent Community Bankers of America (ICBA) has sued the OCC, saying that issuing trust charters to crypto companies exceeds its authority.

Address suspected of links to UXLINK hacker opens ~$45.3 million ETH long on Hyperliquid

An address suspected of being linked to the UXLINK attacker (0xDE8d9...d9524) currently holds a long position of about 21,550 ETH on Hyperliquid, worth about $45.3 million, with an average entry price of about $2,134.45 and 15x cross-margin leverage. The address previously received 11 million USDC from another address (0x35Eb7...5D43).

UK Financial Conduct Authority: banks can now apply to conduct crypto business

The UK Financial Conduct Authority (FCA) said UK banks can now submit applications to conduct crypto asset business, ahead of the implementation of the new crypto asset regulatory regime. The FCA said firms that submit applications before February 28, 2027 and meet specific requirements can continue operating while under review.

Anthropic reports Claude breach to South Korea, involving about 100 enterprise accounts

South Korea's Personal Information Protection Commission said today that Anthropic reported to it on October 31 that information from about 100 Korean enterprise Claude accounts had been leaked. The commission is currently at the preliminary review stage and has not formally launched an investigation. The breach is believed to be related to security firm Cathedral exploiting a vulnerability in third-party business software to gain unauthorized access to Anthropic's internal systems; information potentially exposed includes account and organization identifiers, names and email addresses. Anthropic employee Lydia Hallie said in a post on X on November 8 that Cathedral accessed account information such as names, emails and subscription plans but did not touch prompts, outputs or payment information, and that the company cut off the affected systems on the day of discovery and worked with the vendor to fix the vulnerability.

Earlier reports said a security firm founded by former DOGE members claimed it breached Anthropic's systems within 12 hours.

Robinhood launches zero-commission IPO Access in the UK, letting retail investors subscribe to US IPOs at the offer price

Robinhood announced the launch of its IPO Access service in the UK, allowing UK retail investors to apply, through a general investment account, to subscribe for eligible US new listings at the official offer price before they begin trading; the service charges no commission. Robinhood said it is working with a UK public offering platform provider to deliver the access. The service launched in the US in 2021 and has since taken part in more than 50 IPOs.

DIFC Courts propose "Dispute Resolution Oracle" framework to execute court rulings directly on-chain

The Dubai International Financial Centre (DIFC) Courts published a white paper proposing a "Dispute Resolution Oracle" (DRO) framework. The framework is intended to connect courts with blockchain networks so that rulings involving digital assets can be executed directly on-chain. Under the proposal, parties must agree in advance on the jurisdiction. During a dispute, assets such as tokenized real estate and funds held in smart contracts could be temporarily frozen; after a judgment, the system sends an authorization instruction to the chain for execution. The framework was developed by the DIFC Courts in partnership with DECA4 Advisory and includes freeze periods, rights of appeal and multiple approval mechanisms; it is positioned as a voluntary international standard and will undergo public consultation and controlled testing before launch.

Apple Intelligence adds iPad and Mac scenarios, completes generative AI filing in Shanghai

In line with the requirements of the Interim Measures for the Management of Generative Artificial Intelligence Services, the "Apple Intelligence" generative AI service has added two new scenarios — Apple tablets and Apple laptops — and has completed the filing change.

Earlier reports said Apple announced that Apple Intelligence would open for testing in China starting November 4, integrated with Alibaba's Qwen.

CAC launches new filing system for new technology and new application information services; old algorithm and blockchain filing systems shut down

The Cyberspace Administration of China (CAC) has put the "Internet New Technology and New Application Information Service Filing System" (beian.cac.gov.cn) into use with immediate effect, while the former "Internet Information Service Algorithm Filing System" and "Blockchain Information Service Filing Management System" are shut down at the same time.

The Shanghai Cyberspace Administration published guidance on blockchain filings, requiring that service names must not contain words such as virtual currency, exchange or ICO. Any involvement in virtual currency issuance, trading or ICO business, servers deployed overseas, or failure to complete ICP filing will affect a filing application. BaaS (blockchain-as-a-service) platforms must also file. In addition, generative AI applications that call filed models via API and provide the public with services with public-opinion attributes or social mobilization capability must complete registration.

Citi cuts US equities and global tech to neutral, upgrades European equities to overweight

Citi tactically downgraded US equities, global tech and European tech from "overweight" to "neutral", citing the risk of further declines in investor positioning, while upgrading European equities excluding the UK to "overweight". Citi said AI market sentiment has weakened significantly, partly because the midterm election results have raised questions about the long-term path of AI spending; Nasdaq positioning could shift from neutral to net short, and a further decline of about 5% would be needed for it to actually turn negative. Citi said it remains positive on AI over the medium term but will restore its overweight rating only after positioning is cleared out and AI sentiment stabilizes.

NYSE to use Avalanche blockchain to settle tokenized stocks

The New York Stock Exchange (NYSE) announced on Monday that its forthcoming 24/7 tokenized securities trading platform will use only the Avalanche blockchain to settle tokenized stocks. The platform will match trades using the NYSE's existing technology and then settle instantly via Avalanche. The platform still requires regulatory approval and targets a launch in the fourth quarter. The NYSE filed an approval application for the platform in January this year.

Google launches two new AI chips, TPU 8tx and 8i Max, stepping up its challenge to Nvidia

Alphabet's Google is rolling out more varieties of artificial intelligence chips, hoping to build on its rapid rise in a market worth hundreds of billions of dollars to challenge Nvidia and expand its business further. According to US media reports, Google will launch two new tensor processing unit (TPU) variants, TPU 8tx and 8i Max. The 8tx is aimed mainly at customers such as government agencies and companies in regulated industries that need secure, confidential computing. The system runs in conjunction with Advanced Micro Devices chips as part of a partnership between the two companies. The 8i Max is designed to run AI applications that require long context windows. Overall, the chips are intended to serve an industry that is shifting toward AI agent applications while facing security challenges. The launch marks an acceleration in product development at Google's chip unit. The business used to release one new AI processor every two years, but this year it launched two at once. The latest variants, scheduled to be announced on Monday, will further expand the lineup of these two chips. Amin Vahdat, who heads Google's chip business, said in an interview that the four TPU products will be optimized for different needs. "This fits with what Google has always maintained: the future belongs to specialization, and the advantages that specialization brings remain very significant," he said.

BlackRock transfers about $483 million in BTC and ETH to Coinbase

BlackRock transferred 5,320 BTC and 40,720 ETH to Coinbase, worth a total of about $483 million. The BTC was worth about $396 million and the ETH about $86.17 million.

Binance chief security officer: building a security research fund focused on AI-related security threats in blockchain

Binance Chief Security Officer Jimmy Su said during a fireside chat on Binance X Space that Binance is hiring external security experts to conduct a comprehensive independent review of the October 29 security incident, verify the internal investigation's conclusions and propose improvements. Binance is also working with leading AI companies, security firms and other partners to set up a security research fund focused on AI-related security threats in blockchain. He said that going forward, internal AI tools and development environments will be managed to critical-infrastructure standards. The transaction authorization exploited by the attacker existed on-chain and did not go through Binance's withdrawal system, so pausing withdrawals could not stop funds from flowing out; a separate on-chain transaction had to be issued to revoke the authorization. Binance's hot wallets use multi-party computation (MPC) technology, and no single private key could revoke the authorization immediately, so the team could only put together a revocation process on the fly, which is why it took several hours to bring the situation under control. He also said the attack used zero-day malware that the third-party endpoint protection software did not detect at the time.

Strategy adds 1,036 bitcoin last week and repurchases $188 million of STRC

According to an 8-K filing Strategy submitted to the US SEC, the company bought 1,036 bitcoin for about $81.9 million between November 2 and November 8, at an average price of about $79,012 (including fees), funded by at-the-market (ATM) issuance of MSTR common stock. In the same period, the company repurchased 1,887,464 STRC preferred shares for $188.3 million, also funded by MSTR stock issuance. As of November 8, Strategy held a total of 850,364 bitcoin at a total cost of about $64.16 billion, or an average cost of about $75,456; it also held $4.9 billion in US dollar assets. Michael Saylor said on X that STRC's BTC credit spread narrowed 2 basis points to 58 basis points.

Strive adds 29 bitcoin last week, total holdings reach 43,153

Nasdaq-listed Strive (ASST) announced that it bought 29 bitcoin between October 31 and November 6 at an average price of about $75,721, inclusive of transaction fees and related costs, bringing total holdings to 43,153. As of November 6, the company held about $487.6 million in cash and cash equivalents, down $2.8 million from October 30; it also held 505,000 STRC preferred shares issued by Strategy with a fair value of about $50.42 million. In the same period, SATS preferred shares outstanding increased by 33,141 to 7,036,559, while effective common shares outstanding remained at 127,331,109.

Hyperliquid ecosystem L2 network Elysium launches mainnet

Kinetiq, which built the L2 network Elysium for the Hyperliquid ecosystem, announced on X that its mainnet is now officially live. Elysium said the network will provide high-performance block space for Hyperliquid that can be composed with Hyperliquid's pricing and liquidity, thereby supporting more types of applications.

Earlier reports said Elysium is an EVM-compatible Layer 2 network with HyperEVM as its settlement layer and HYPE as its native gas token, and that 50% of its sequencer fees will be used to buy back and burn KNTQ on the open market.

Acala and Karura plan to shut down on February 10, 2027; users must withdraw external assets before then

Polkadot parachain Acala and its Kusama sister network Karura have entered the wind-down phase. If Acala referendum 195 and Karura referendum 137 pass, both chains will stop producing blocks on February 10, 2027. Users must withdraw cross-chain assets such as DOT, KSM, USDT and USDC before then; LDOT unbonding must be requested by January 12, 2027, and LKSM must be unbonded by February 2. The native tokens ACA and KAR cannot be withdrawn and will remain on the original chains. The team said it decided to shut down because DeFi liquidity depth in the Polkadot and Kusama ecosystems is insufficient and the multi-parachain structure also fragments liquidity and users. After the chains stop, the team will make every effort to return remaining external assets to users' corresponding accounts on Asset Hub, but cannot guarantee full recovery. External assets in the two chains' treasuries will be donated to the Polkadot and Kusama treasuries respectively.

US government to brief Congress on matters related to Nvidia CEO Jensen Huang

The US government will brief Congress on matters related to Nvidia CEO Jensen Huang.

BitMine adds 9,587 ETH last week, total holdings reach 6.07 million

Ethereum treasury company BitMine (BMNR) added 9,587 ETH over the past week. As of 14:00 US Eastern time on November 8, BitMine held a total of 6,070,092 ETH, about 4.97% of total ETH supply, as well as 216 BTC, a $180 million stake in Beast Industries, a $75 million stake in Eightco (ORBS), and $475 million in cash and marketable securities, with crypto assets, cash and marketable securities totaling about $14.3 billion. BitMine has staked 5,227,037 ETH, worth about $11.7 billion at an ETH price of $2,234.

Elliptic exposes North Korea's new money laundering tactic: self-made meme coins as a relay point to move stolen Binance funds

Blockchain analytics firm Elliptic disclosed in a post that North Korean hackers are using self-made meme coins to launder funds stolen in the Binance hack, creating junk tokens nobody trades, setting up liquidity pools, and then using different wallets to complete buys and sells, thereby disguising the stolen funds as ordinary trading proceeds.

Elliptic noted that the tactic has appeared on the Tron, Solana and NEAR networks in turn, and that the hackers created at least six meme coins on NEAR — FUK, OLCCL, MEILI, MMLI, DABI and SINU — setting up a separate NEAR liquidity pool for each token. The hackers then used one set of wallets to buy the tokens with stolen NEAR and another set of wallets to sell the tokens and recover NEAR, severing the direct transfer link between wallets. On-chain data shows that the buying wallets for all six tokens were funded by stolen NEAR, totaling about 117,000 NEAR, worth about $430,000 at current prices.

Elliptic stressed that these tokens have almost no real market demand, with trading activity carried out mainly by wallets within the laundering network; their purpose is not to hide on-chain funds but to add more transaction steps and slow down investigators' tracing.

WTI crude falls to lowest level since early September

WTI crude fell as low as $86.48 a barrel, its lowest level since early September. As oil prices fell, yields on 10-year and 30-year US Treasuries dropped to intraday lows.

Swift head of innovation: governance is as important as technology for tokenized finance networks

According to Swift's official website, Nick Kerrigan, Swift's managing director and head of innovation, wrote that whether tokenized financial infrastructure succeeds depends at least as much on governance design as on technology. The article cites a 2024 working paper by Awrey, Macey and Zhang: payment networks must balance three objectives — stability, access and investment — and the hardest part of maintaining that balance is governance, not technology. Kerrigan said that as institutions accelerate blockchain adoption, governance structures such as foundations and member councils are coming back into focus. Successful networks typically share three characteristics: representativeness, accountability and sustainable investment. In his view, governance should be judged by outcomes, not by structure.

Bithumb suspends INJ deposits and withdrawals as Injective network stops producing blocks

Because the Injective (INJ) network has stopped producing blocks, the exchange will suspend INJ deposits and withdrawals from 23:00 KST on November 9. During the suspension, INJ staking and unstaking requests will also stop, while spot trading continues as normal. Bithumb said it will reopen deposits and withdrawals once the network is stable again and will update the original announcement at that time. Withdrawals submitted before the suspension but not completed will be processed in order, and deposits arriving after the suspension will be credited in order once services resume.

PNC teams up with Coinbase to launch USDC payment collection service

PNC Bank announced a partnership with Coinbase that allows eligible corporate and institutional clients to receive payments in the USDC stablecoin issued by Circle, with funds automatically converted to US dollars on arrival. The two parties said the service can help businesses get their funds faster and speed up cross-border transaction settlement. The service will initially be rolled out in a small-scale pilot. Tom Lang, PNC's head of treasury management products and operations, said the goal at this stage is to test with clients which stablecoin features are useful to them. Last year PNC already offered crypto trading to clients through Coinbase's "crypto-as-a-service" platform and provides banking services to Coinbase.

NVIDIA (NVDA) shares fall 7.37% intraday to $173.07

According to Binance market data, NVIDIA (NVDA) shares fell 7.37% intraday and were at $173.07.

US stocks open higher and climb, Nasdaq extends gain to 2%

Binance market data shows US stocks opened higher and climbed, with the Nasdaq extending its gain to 2%, the S&P 500 up 1.5% and the Dow up 1.3%.

SharpLink posts Q3 net income of $751 million, revenue up 24% year on year

The company's third-quarter revenue was $13.5 million, up 24% from $10.8 million a year earlier, of which staking revenue was $13.1 million, up 27% year on year. Net income for the quarter was $751.4 million, or $3.45 per diluted share, compared with net income of $104.3 million a year earlier. The jump in profit came mainly from $676.7 million in unrealized gains on the fair value of ETH held and $75.2 million in realized gains on crypto assets. Administrative expenses fell to $11 million, down 8% year on year. As of September 30, the company held $47.9 million in cash and cash equivalents.

AMD shares rise 10.03% intraday to $493.15

According to Binance market data, AMD shares rose 10.03% intraday and were at $493.15.

S&P 500 extends gain to 2%, biggest intraday rise in three months

The S&P 500 extended its gain to 2%, its biggest intraday rise in three months. The Nasdaq was up 2.4% and the Dow up 1.6%.

Nasdaq 100 extends gain to 3%, S&P 500 up 2.1%

According to Binance market data: the Nasdaq 100 extended its gain to 3% and the S&P 500 rose 2.1%. The Philadelphia Semiconductor Index rose 6.01% intraday to 9,954.97 points. Nvidia fell 4.12%, Broadcom rose 8.49%, Micron rose 6.51%, Intel rose 4.15%, AMD rose 10.52%, Qualcomm rose 5.54%, TSMC rose 4.60% and ASML rose 5.99%.

Anthropic releases Fable 5.2 and Mythos 5.2, cutting API prices by 20%

Anthropic released Claude Fable 5.2 and Claude Mythos 5.2. The two are the same underlying model: Fable comes with safeguards in the cybersecurity and biological domains and is open to all users, while Mythos requires applying through a cybersecurity or life sciences verification program. The new models improve on coding, reasoning and vision, with output speed up to 30% faster than version 5.1, and API prices cut to $8 per million input tokens and $40 per million output tokens (previously $10 and $50 for Fable 5.1). The company said Fable 5.2 scored 49.1% on the FrontierCode 2.0 benchmark (Xhigh effort), the highest among released models it has tested. Fable 5.2 is available from today on the Claude platform and on AWS, Google Cloud and Microsoft Azure.

WLFI says token buyback will be executed through Aster, publishes buyback wallet

World Liberty Financial (WLFI) said in a post on X that WLFI token buybacks will be executed through Aster, and published the buyback wallet address on BNB Chain so the community can track the wallet's activity and buyback transactions on-chain. WLFI said the buyback is intended to strengthen long-term holders' participation in governance, and that funding may come from a variety of sources, including USD1-related revenue, which, after deducting partner shares, direct costs and other obligations, can be used to support buybacks; the timing, size and execution method of buybacks will depend on factors such as available resources and may be adjusted or terminated at any time. WLFI announced on November 6 that it would launch a token buyback program.

Bitcoin miner MARA sells bitcoin to repay $750 million of debt, approves $500 million buyback

According to MARA Holdings' third-quarter shareholder letter, bitcoin miner MARA repaid $750 million of bitcoin-collateralized debt after the quarter ended by selling bitcoin; all previously pledged BTC has been released, and less than 5% of its BTC holdings is currently lent out or pledged. The company said it will continue to use bitcoin to raise cash for AI infrastructure investment, to handle convertible bond put options exercisable next year and for potential share buybacks. In addition, its board has approved a share buyback program of up to $500 million. As of September 30, MARA held 34,012 BTC; in the third quarter it mined 2,247 and sold 3,891. Quarterly revenue was $164.2 million, down 35% year on year, and net income was $632.1 million.

Trump Media & Technology Group posts first quarterly profit, net income of about $410 million

Trump Media & Technology Group (DJT) reported results for the third quarter of 2026, posting net income of about $410 million versus a net loss of $54.8 million a year earlier; Bloomberg said this is the company's first profitable quarter. The report showed third-quarter realized and unrealized gains on digital assets, staked digital assets and equity securities totaling $496 million, with derivatives losses of $54 million; revenue was $3 million, up 205% year on year. As of September 30, the company had total assets of about $2.5 billion. The company's merger with TAE is expected to close in the fourth quarter, and a special shareholders meeting is scheduled for December 14.

Warren to chair US Senate Banking Committee, vows tough scrutiny of prediction markets and Trump family crypto business

US Senator Elizabeth Warren will become chair of the Senate Banking Committee in January next year, and her aides said her priorities will include the cost of living, artificial intelligence, prediction markets, potential financial crises and accountability. With Democrats taking control of the Senate in the midterm elections, Warren will lead the agenda on banking, deposit insurance, housing, the Federal Reserve and the crypto industry.

Warren has previously taken a hard line on Trump's and his family's crypto interests, calling for investigations into ethical conflicts involving Trump's meme coin and World Liberty Financial. Her aides said big tech CEOs, government officials, the Trump family's crypto businesses, Wall Street executives and large corporations should preserve documents and prepare for tough questioning. Warren has also repeatedly criticized prediction market platforms such as Kalshi and Polymarket, demanding they explain how they prevent insider trading. Her aides said she wants to end the "Wild West" of a sector with little regulation.

Anthropic reportedly to list November 19 or 20 as valuation expectations cool

AI company Anthropic is pressing ahead with its IPO, aiming to begin trading on Nasdaq on November 19 or 20 under the proposed ticker ANT. The company is expected to disclose key information such as the valuation range, number of shares offered and offer price early this week.

The market had originally expected Anthropic's IPO valuation to be about $1.5 trillion, with talk at one point of close to $2 trillion. But after last week's sharp pullback in AI-related stocks, some major institutional investors pressed the company to accept a lower valuation. Some investors believe $1.5 trillion is already on the high side and a more realistic range might be $1.1 trillion to $1.3 trillion, while others think the valuation could be close to $1 trillion. Despite the cooling sentiment, Anthropic has not publicly delayed its listing plans, and this week it will meet core investors and start its roadshow. Earlier reports said Anthropic hopes to raise $80 billion to $100 billion.

Analysis: AI selloff could push bitcoin toward $65,000 before capital returns to crypto

Russell Thompson, chief investment officer of Swedish crypto firm Hilbert Group, warned that bitcoin could fall toward $65,000 if losses in AI and semiconductor stocks trigger broader portfolio liquidation. He noted that if bitcoin breaks below key trendline support at $71,900, $65,000 would come into focus, with limited technical support near the $70,000 psychological level. Bitcoin is currently around $74,200; bitcoin ETFs saw net outflows of about $1.2 billion last week, and demand for downside protection in the options market has increased.

Despite the bearish short-term outlook, Thompson expects money leaving AI and tech stocks to ultimately support a crypto market recovery. He believes bitcoin's previous peak coincided with capital flowing from crypto into AI and tech stocks, and that as investors unwind positions, some capital could flow back into digital assets once deleveraging ends. He also noted that the market prices a 77% probability of a Fed rate hike in December.

Analysis: bitcoin's rebound after the drop lacks spot demand; whale exchange inflows rise and leverage risk persists

XWIN Japan wrote that bitcoin fell from above $75,600 to around $73,400 on November 9, then rebounded to around $75,500, but by the morning of November 10 had slipped back to around $74,600. Heavy long liquidations amplified the decline, and the rebound lacked sustained spot demand. Bitcoin remained weak even as US stocks rose on falling oil prices; spot ETFs saw net outflows of $411.9 million on November 6 and $1.28 billion for the full week, highlighting the fragility of institutional demand.

CryptoQuant data shows the exchange whale ratio has broken above 0.4 several times since late October, indicating rising concentration of large deposits but not proving that whales have sold; the estimated leverage ratio rose from about 0.22 to 0.24 in mid-October to about 0.265 in early November, then fell back to 0.249, still above mid-October levels. Analysts argue the key question is not whether BTC has bottomed, but whether genuine spot buyers can absorb potential exchange supply without relying on a leveraged rebound, and suggest watching spot CVD, the Coinbase premium, ETF flows and changes in leverage.

Strobe Ventures moved 51.95 million ENA to Coinbase 3 hours ago, worth about $8.05 million

Crypto venture firm Strobe Ventures moved 51.95 million ENA ($8.05 million) to Coinbase 3 hours ago. It received an allocation of 142.9 million ENA through an investment 2 years ago; the address still holds 50 million ENA ($83.94 million), and about 93 million ENA has been sold for a profit of $25.41 million.

Huang Licheng closes positions and empties Hyperliquid account, with cumulative losses of $37.46 million over a year and a half

After a year and a half of intensive trading on Hyperliquid, Huang Licheng (known as "Machi") was liquidated yesterday morning, deposited more funds and opened another ETH long, but in the afternoon he voluntarily closed the position and transferred all the account's funds to the trading-mining address of his Papertrade project. This is the first time since May last year that he has closed positions and emptied his Hyperliquid address, with cumulative losses of $37.46 million.

Anthropic plans to raise up to $69.3 billion in IPO, with offer price of $70-80 per share

Anthropic plans to raise up to $69.3 billion in its IPO, with an offer price range of $70-80 per share. Anthropic plans to offer 866,666,664 Class A shares in the IPO.

Earlier reports said Anthropic would list on November 19 or 20, with valuation expectations cooling.

Canada moves to bar financial institutions from directly issuing crypto; stablecoins must be issued through independent non-financial subsidiaries

The Canadian government has unveiled a budget bill that would prohibit federally regulated financial institutions from directly issuing crypto and require stablecoins to be issued only through independent non-financial subsidiaries regulated under stablecoin law.

Under the budget bill announced on November 5 local time, issued crypto must include reserve safeguards such as redemption at par and asset segregation, and will not be covered by public deposit insurance or government guarantee programs. The Bank of Canada will handle issuer registration and supervise and enforce regulatory compliance. Meanwhile, the stablecoin regulatory framework is expected to take effect next autumn.

Google, Nvidia and 5 other companies to invest $26 billion in Anthropic at the IPO price

Seven companies — Google, Nvidia, AMD, Broadcom, Micron, Microsoft and TSMC — will invest $26 billion through private placements at the IPO price, and cornerstone investors will sell 23,333,331 shares in the IPO.

Earlier reports said Anthropic plans to raise up to $69.3 billion in its IPO, with an offer price range of $70-80 per share. Anthropic plans to offer 866,666,664 Class A shares in the IPO.

Ethereum Foundation sells another 1,000 ETH after 14 days, worth $2.13 million

The Ethereum Foundation sold another 1,000 ETH after a 14-day gap, worth $2.13 million. When it sold 2,785 ETH on October 26, the price was $2,306; this time it has fallen to $2,131.15. The address still holds more than 24,000 ETH on-chain, about $51.46 million.