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Wed 4 Nov
SK hynix's New York chip plant held up by US export limits, Reuters says
SK hynix wants to fund two NAND plants in Marcy, New York, partly by expanding output in Dalian, but US export licences for the equipment are pending. Its Solidigm unit plans to invest about $45bn, with long-term spending possibly reaching about $100bn.
Sherrod Brown wins Ohio Senate race despite crypto super PAC spending
Democrat Sherrod Brown, a crypto critic, defeated incumbent Republican senator Jon Husted in Ohio's US Senate race. A crypto super PAC had spent about $63m to unseat him, including $56m from Fairshake, but failed to block his victory.
Previous related news
- UBS says blue-wave expectations may raise AI and data centre investment hurdles
- Franklin Templeton's Canobi says funds shifting slightly from stocks to bonds after midterms
- Crypto-backed House candidates ahead in early US midterm counts
Dollar slips to 157.5 yen, down 0.2% in 24 hours
The dollar fell to 157.5 yen and last traded at 157.491, a 0.2% decline over 24 hours, according to Gate data.
BitMart's Sheldon Xia confirms hack, suspects link to Mercado Bitcoin attack
BitMart founder Sheldon Xia confirmed the exchange, which is shutting down and in restructuring and liquidation, was also hacked yesterday for a smaller sum. Initial findings suggest the same group that attacked Brazil's Mercado Bitcoin may be responsible.
$133m of crypto futures liquidated in the past hour, exchanges show
Major exchanges recorded $133m of futures liquidations in the past hour, with $375m liquidated over the past 24 hours.
Bitbase launches points system with ORIGIN first phase
Bitbase has launched its Bitbase Points system, whose first phase, ORIGIN, opened today and runs for 26 weeks until 4 May 2027, issuing 1 million points each week.
AMD's Su says AI chip revenue to overtake server CPU sales in Q4
AMD chief executive Lisa Su says data-centre AI chip revenue will surpass traditional server CPU revenue for the first time in the fourth quarter, with data-centre sales set to exceed 80% of revenue next year. She said AI agents are becoming the next killer app for cloud CPUs, while the PC market is expected to fall by double digits next year.
ByteDance to restrict staff use of external AI tools such as Claude and Codex
ByteDance has issued new internal rules barring employees from using personal accounts on external AI tools such as Claude and Codex to reach company material, with external AI access blocked for all L4 code repositories and Feishu documents from this month. Hong Dingkun cited internal information security as a key reason.
New wallet withdraws 521,500 UNI, 915,700 MORPHO and 10m ARB from Bybit
Lookonchain says a newly created wallet withdrew 521,500 UNI, 915,700 MORPHO and 10 million ARB from Bybit, worth $3.69m, $1.95m and $1.54m respectively.
NFTScan says it will end NFT data services for Polygon and Solana
NFTScan said on X that it will stop providing NFT data services for Polygon and Solana as part of a business adjustment.
Nvidia's China customers expected to get 1% of RTX chip orders
Chinese AI developers expect to receive only a small fraction of the advanced Nvidia chips they ordered in the coming months, with buyers of $70bn of RTX chips expected to get just 1%, as Nvidia works to lift output.
Cat Wu leaves Anthropic as Claude Code loses three key staff in two weeks
Cat Wu, product lead for Claude Code and Cowork, said she is leaving Anthropic. Engineers Thariq Shihipar and Anthony Morris, a Claude Code desktop developer, announced their departures on 24 October.
Bitget lists Mastercard stock perpetual contract
Bitget has launched a USDT-settled perpetual contract on Mastercard (MA) stock with up to 20x leverage and 24/7 trading. Bitget now offers 395 stock contract underlyings.
BlueMove hacker address bridges 193,000 USDC to Hyperliquid and buys 306.59 XMR
PeckShieldAlert says the address tagged as the BlueMove hacker bridged another 193,000 USDC from Ethereum to Hyperliquid and bought 306.59 XMR at $630. It also moved 200,000 USDC to Solana via Wormhole, back to Ethereum via deBridge and into Railgun.
Whale withdraws 303.86 BTC worth $23.4m from Binance
Onchain Lens tracked a whale withdrawing 303.86 BTC, worth about $23.4m, from Binance and moving the funds through several wallets.
a16z-linked address sends another $2.67m of HYPE to exchanges
An address linked to Andreessen Horowitz deposited a further 32,862 HYPE, worth $2.67m, to exchanges over the past 10 hours, per ai_9684xtpa. It has moved $15m of HYPE to exchanges in five days.
Ai Yi says $101m leveraged long address nears liquidation
An address that opened $101m in high-leverage longs on BTC, ETH, HYPE and ZEC is nearing liquidation with a $1.73m unrealised loss, on-chain analyst Ai Yi says. The 30x BTC long is down $709,000 with $398.7 of room left.
Crypto liquidations hit $150m in past hour, mostly longs
Crypto positions worth $150m were liquidated across exchanges in the past hour, of which $147m were long positions and $2.19m were shorts, CoinGlass data shows.
Futures liquidations reach $127m in past hour across major exchanges
Major exchanges saw $127m of futures liquidated in the past hour, taking the 24-hour total to $345m.
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