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NewsFeeds
Short crypto and markets updates from outlets’ public feeds, rewritten by AI in our own words, credited and linked. Newest first.
AI rewriteEvery flash here is rewritten by AI from an outlet’s flash or a public Telegram channel, and goes live without an editor reading it first. The outlet is named and linked on each one; AI also sets its topic and tone (Bullish, Bearish or Neutral: an AI reading of the flash, not investment advice), and when two outlets report the same news, you see it once.Where AI is used
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Live · checking for new flashes
Fri 6 Nov
Microsoft said to be ending Oracle AI compute lease deal
Bloomberg reported that Microsoft is winding down its agreement to lease AI computing from Oracle, whose older-generation Nvidia chips no longer meet its specifications. An Oracle spokesperson said demand for its AI infrastructure remains strong; Microsoft declined to comment.
OpenAI CFO Sarah Friar says data centre plans will not change after midterms
OpenAI chief financial officer Sarah Friar told CNBC that the US midterm results will not alter its AI infrastructure investment plans, and that it will keep working with hyperscalers and raising financing. She said OpenAI filed confidentially with the SEC in June and is considering a 2027 listing.
Previous related news
- OpenAI finance chief confirms funding talks at valuation up nearly 50%
- OpenAI signs UAE deals on energy, investment and government technology deployment
- OpenAI said to seek $30bn funding commitments at $1.25tn valuation
AI
ChainCatcherAINeutral
Core Scientific sells 816 BTC and now holds 32
Listed Bitcoin miner Core Scientific has sold 816 BTC and now holds 32 BTC, according to Bitcoin Treasuries. The company said it sold the coins to meet capital expenditure and other cash needs as it shifts to building AI data centres.
SHAZ rises 11.9% in 24 hours to $22.33
SHAZ gained 11.9% over 24 hours and was trading at $22.33, MSX.COM data showed.
Wall Street sell-off spread from retail to hedge funds, Vanda Research strategist says
Wall Street's reaction to the US midterms turned negative within about 24 hours, with selling spreading from retail investors to hedge funds, long-only managers and quant strategies, Bloomberg reported. The Nasdaq 100 fell the most since March 2020 as about $3.7tn of US stock market value was wiped out in a day, and Vanda Research strategist Viraj Patel said retail and systematic investors sold actively.
Previous related news
- South Korea holds emergency market meeting after AI selloff
- US stocks fall, Nasdaq drops 5.52% as AI capex worries weigh
- Saxo's Charu Chanana says it is too early to call a bear market
Macro
Numerai opens first Unity round of its tournament
Numerai, the AI-based hedge-fund crowdsourcing platform behind the NMR token, has opened the first Unity round of its tournament, saying the full roadmap is in its latest forum post.
Threshold says T bridge nodes to start reconnecting around 12:00 UTC on 7 Nov
Threshold said operators of its Bitcoin bridge T are expected to start reconnecting from about 12:00 UTC on 7 Nov, pending a final security review. Deposits, minting and redemptions will resume once enough operators are back; it says tBTC remains fully collateralised, with about 4,320 BTC against about 4,185 tBTC in circulation.
Coinbase says it will support ZetaChain ZETA migration from 7 to 10 Dec
Coinbase says it will support the migration of ZetaChain's ZETA token from the Ethereum network to ZetaChain between 7 and 10 December.
Coinbase says it will list CARD spot trading
Coinbase announced it is adding spot trading for CARD.
US stock-linked contracts extend 24-hour gains
QNTX rose 22.2% over 24 hours to $35.83, including a 7.2% gain in one hour, while OKLO rose 22.0% to $23.54, according to MSX.COM data.
Mercado Pago pauses crypto transfers and Nubank halts deposits and withdrawals
Mercado Pago told users in-app on Friday that system instability had stopped crypto transfers and delayed deposits while it works on a fix. Nubank suspended crypto deposits and withdrawals after a failure at an external data provider, saying buying and selling continue normally.
Previous related news
See all 2 updates on Brazil fintech crypto outagesGlassnode says Bitcoin open interest jumps during sell-off
Glassnode said Bitcoin open interest rose by about $1bn during US trading hours as the price fell, then by nearly $500m more on 6 Nov. Funding rates briefly dipped before rising again, which Glassnode read as long holders starting to re-enter.
CBB says Papertrade changed rules after collecting $5.5m in fees
CBB said on X that Papertrade is worth studying: it launched a scheme everyone knew and accepted as a Ponzi, collected $5.5m in fees from participants and sold $200,000 of trousers to crypto users, then changed the rules to destroy the scheme and went offline after someone said it might be a Ponzi.
Regulation
OdailyAIBearishAlex Thorn says key crypto legislation unlikely to advance after Democratic wins
Galaxy research head Alex Thorn says key digital asset legislation is unlikely to make major progress after the Democrats won both chambers of Congress, with committee leadership set to change. Stand With Crypto counts 19 pro-crypto senators and 226 pro-crypto representatives elected.
Previous related news
- Crypto firms face two-month countdown as Democrats take Congress
- QCP Capital says Democrats win both chambers but fall short of veto-proof majority
- David Allen says AI sell-off stems from conflating tech promise with returns
Regulation
Address adds $3.17m ETH short as cumulative profit reaches $21.8m
An address added about $3.18m to an ETH short position, now holding 6,543.11 ETH in shorts worth roughly $14.6m, with cumulative contract profit of about $21.8m.
ZKLink asks Optimism to freeze 224,133 OP tied to escrow exploit
ZKLink has asked Optimism to help freeze funds linked to an attack on its OP escrow on 29 Oct. The layer-3 network says the stolen 224,133 OP is still sitting in a specific address and has not been moved.
Whale Alert says 300m USDC moved from unknown wallet to Aave
Whale Alert reported that 300m USDC, worth about $300m, was transferred from an unknown wallet to Aave.
Previous related news
See all 2 updates on Large USDC transfers to AaveStablecoins
CoinNessAINeutralAddress with $30.2m profit adds to SKHX short position
An address with cumulative contract profits of about $30.2m added 5,482.071 SKHX short contracts on 6 November, valued at about $4.66m at the reference price. It now holds 24,169.814 SKHX shorts worth about $20.5m.
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