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Fri 6 Nov
ECB's Cipollone says digital euro pilot to start in second half of 2027
European Central Bank executive board member Piero Cipollone says the digital euro pilot is planned for the second half of 2027, running 12 months with 36 service providers. If legislation talks conclude this year, the ECB aims to issue the digital euro in 2029.
Previous related news
- ECB plans digital euro launch in 2029 covering online shops, some stores and transfers
- ECB's Cipollone warns of fragmented tokenisation market without digital euro
- ECB's Cipollone says digital euro will boost European banks' competitiveness
Meme coin GREEN MORNING jumps over 400% after Elon Musk uses CZ meme
The meme coin GREEN MORNING rose more than 400% in a short period, reaching a market value of $2.72m on $1.6m of 24-hour trading, after Elon Musk replied to a user with a CZ meme. Its market value had hit $15.4m on 2 October before falling steadily.
Germany's DAX 40 falls to 26,000 points, down 2.3% in 24 hours
Germany's DAX 40 fell to 26,000 points and last traded at 25,993.38, a 24-hour drop of 2.3%, according to Gate data.
Serenity says Anthropic's annualised revenue passed $80bn in October
Serenity, citing WSJ data, said Anthropic's annualised revenue run rate exceeded $80bn as of October, well above market expectations of about $70bn. Serenity said Anthropic should still delay its IPO, which could ease liquidity pressure on other AI firms amid a market liquidation wave.
Upbit to suspend ZEC withdrawals for wallet maintenance
Upbit, the South Korean exchange, says it will temporarily halt ZEC withdrawals while it carries out maintenance on its wallet system.
Whale profits over $8m from short trades on Aster DEX, Lookonchain says
Lookonchain says a whale made more than $8m from short trades on Aster DEX, including $2.35m on SOXLUSD1, $1.17m on SNDKUSD1, $1.03m on BTC/USDT and $615,000 on MUUSD1.
ChiNext falls nearly 4% as Shanghai-Shenzhen turnover drops by 460.2bn yuan
The ChiNext Index fell nearly 4% and more than 4,700 stocks declined, while combined Shanghai and Shenzhen turnover was 1.66tn yuan, down 460.2bn yuan from the previous session. Computing-power hardware names led the losses, with Cambridge Technology and Aohong Electronics hitting limit-down.
Unitree and CNPC's Kunlun Manufacturing plan industrial embodied-AI robot joint venture
China National Petroleum Corp's Kunlun Manufacturing and its concert party Kunlun Capital plan a joint venture with Unitree and Beijing Fanjie Intelligent for industrial embodied-AI robot solutions, with Kunlun holding 60% and the other two 20% each. The merger review is open for public comment from 4 to 13 November 2026.
Japan and South Korea stock indices close down about 6%
Japan's Nikkei 225 closed 5.96% lower at 57,434.77 points and South Korea's KOSPI fell 6.02% to 5,059.65, its lowest since April, with SK Hynix down more than 10%.
Chainalysis seeks trusted IPs ahead of KYT and screening restart
Chainalysis says customers can email trusted IP addresses to support@chainalysis.com or contact their account team to be whitelisted. It plans to restore access to KYT and address screening from tomorrow, after which authorised users will reset passwords and rotate API keys.
Honor CEO Li Jian says future AI entry points arise at the moment of user intent
Honor CEO Li Jian told the 2026 Mobile Network Conference that the commercial logic is shifting to an 'intent economy' paid by results, with AI entry points arising when users form an intent. He said the industry must overcome shortages of intelligence, context and trust.
Mira Network launches Sterling to verify model providers
Mira Network has launched Sterling, which tests model and provider outputs every two hours and publishes scores, routing requests only to verified providers. Claude, GPT and Gemini are supported, with DeepSeek and GLM to follow, and some models offered at up to 50% below list price, payable in USDC and MIRA tokens.
South Korea's finance ministry says no clear sign of AI chip demand shrinking
South Korea's Ministry of Economy and Finance met semiconductor experts after US midterm election worries over AI data centre regulation shook stock markets. Participants said medium- and long-term growth prospects for AI and chips remain intact, with no clear signal yet of shrinking AI investment or semiconductor demand.
IMPBinance hacker reportedly stole $2.5bn in one transaction for about $15 in fees
A hacker reportedly stole about $2.5bn in cryptocurrency from Binance in a single transaction while paying roughly $15 in network fees, said to involve Ethereum's EIP-7702 upgrade. It has not been confirmed whether a flaw in that feature caused the hack.
Previous related news
- Binance says more asset withdrawals will resume in batches from 6 Nov
- Binance says it will reopen withdrawals for more assets from 04:00 UTC on 6 November
- Singapore's MAS says public should not deal with unregulated firms after Binance incident
Dollar rises past 158 yen
The dollar rose above 158 yen and was at 158.115, up 0.1% over 24 hours, according to Gate data.
Charles Zhang says Sohu cannot afford to build large AI models
Sohu founder, chairman and CEO Charles Zhang told the Wuzhen summit of the World Internet Conference on 6 November that building large models requires resources Sohu cannot afford, calling its restrained AI stance a clear-headed choice. He said short dramas may prove a flash in the pan.
California court grants tribes preliminary injunction against Kalshi sports contracts
Judge Jacqueline Scott Corley of the Northern District of California on 4 November granted California tribes a preliminary injunction barring Kalshi Inc. and KalshiEX from offering sports contracts on the plaintiffs' tribal land. Tribes must submit boundary maps by 13 November and Kalshi must report compliance steps within 21 days.
Previous related news
- California federal court bars Kalshi sports contracts on plaintiff tribe's land
- CME's Duffy says CFTC prediction-market reach may go to Supreme Court
- NFL tells US Supreme Court it opposes federal regulation of prediction markets
Indosuez says market pricing of Fed and ECB rate paths may be too hawkish
Indosuez Wealth Management strategists Lucas Meric and portfolio manager Alexandre Baer said markets are pricing Fed and ECB rate paths more hawkishly than its base case, expecting steady growth and normalising inflation to limit further tightening. Money markets expect about 1.5 Fed hikes and two ECB hikes over 12 months.
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