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Fri 6 Nov
US stocks close higher as Riot Platforms gains 14.55% and AMD rises 9.57%
All three major US indices closed higher, with the Nasdaq up 1.79%, the S&P 500 up 0.63% and the Dow up 0.06%. Riot Platforms rose 14.55%, MARA 8.31%, AMD 9.57%, Intel 7.13% and Micron 5.12%.
OpenAI says it has closed a $11bn funding round at a $1.25tn valuation
OpenAI has completed a new $11bn funding round at a valuation of $1.25tn, according to market reports.
Ansem-linked wallet withdraws 504.5 SOL worth about $69,000 from exchange
A wallet linked to Ansem withdrew 504.5 SOL, worth about $69,000, from an exchange in two transactions on 25 June 2024, then sent 377.43 SOL, worth about $52,300, to Ansem's main wallet. The lead came from Sahil (@villainmonkey).
Arbitrum launches Internet Meltdown perpetual market for internet security risk
Arbitrum says it has listed a new perpetual market, Internet Meltdown, letting users trade internet security risk through @perpdotcity.
Zcash rises about 8% in 24 hours after NU7 upgrade cuts block time
Zcash completed Network Upgrade 7, cutting its target block time from 75 seconds to 25 seconds and setting the block reward at 0.52083333 ZEC to keep daily issuance steady. ZEC rose from $1,225 to above $1,380 before trading near $1,345, up about 8% in 24 hours.
Teresa Goody Guillén says Bitcoin and ether may enter 401(k) plans first
A US Labor Department proposal sets no minimum market-cap threshold for digital assets in retirement plans and requires managers to weigh performance, fees, liquidity, valuation, benchmarks and complexity. Teresa Goody Guillén of Bellementis PLLC said Bitcoin and ether may enter 401(k) plans first, while Bernardo Brites of Trace Finance expects crypto options from 2027.
US Treasury blocks MEXC from US financial system over alleged sanctions evasion
FinCEN has barred the crypto exchange MEXC from the US financial system over alleged sanctions evasion linked to Iran, North Korea and Russia.
Maxine Waters says US needs strict, fair crypto rules
Representative Maxine Waters, the top Democrat on the House Financial Services Committee, says the US should curb corruption linked to President Donald Trump's crypto activities and set a strict but fair framework for legitimate crypto firms. She also called for consumer and small-business safeguards.
QNTX rises 26.4% in 24 hours
QNTX gained 26.4% over 24 hours and was trading at $37.79, according to MSX.COM data.
Hyperliquid Strategies holds about $3.5bn in HYPE, calls quarterly deployment and FCM bid 'the same…
Hyperliquid Strategies holds about $3.5bn in HYPE and says its quarterly deployment and its FCM application are 'the same bet'.
Previous related news
- Hyperliquid Strategies subsidiary applies for FCM registration to bring perpetuals to US
- Hyperliquid Strategies says subsidiary files with CFTC for FCM registration
- Hyperliquid's Jeff Yan says HIP-3 partners should handle US KYC
Abdulrahman Alfozan pleads not guilty to planting listening device at OpenAI office
Abdulrahman Alfozan, a 35-year-old Saudi national, pleaded not guilty in San Francisco federal court to one count of intercepting oral communications at OpenAI's headquarters. He was indicted on 27 Oct and faces up to five years in prison if convicted.
Coinbase completes Aerodrome and Velodrome conversion to new AERO token
Coinbase says it has finished converting Aerodrome Finance (AERO) and Velodrome Finance (VELO) into the new Aero (AERO) token and has re-enabled sending and receiving for both. It no longer supports deposits or withdrawals of old AERO and warned users not to send it to its deposit addresses, as such funds may not be recoverable.
IONQ rises 19.6% over 24 hours to $31.67
IONQ gained 19.6% over 24 hours and was trading at $31.67, according to MSX.COM data.
Bessent and Greer urge China to honour Busan trade pledges in call with He Lifeng
US Treasury Secretary Scott Bessent and trade representative Jamieson Greer told Chinese Vice-Premier He Lifeng that Beijing must fully and immediately honour commitments made a year ago in Busan, citing farm purchases and rare earths. Tariff exemptions on some Chinese goods expire on 10 November.
ONDS rises 15.6% in 24 hours
ONDS gained 15.6% over 24 hours and was trading at $5.277, according to MSX.COM data.
Thailand SEC files criminal complaint against Bitget over unlicensed operations
Thailand's SEC has filed a criminal complaint against Bitget, alleging unlicensed exchange operations, and plans to block access to the platform from 5 Dec.
Algorand Foundation says it is closing forum and advisory board
The Algorand Foundation is closing its community forum and advisory board, suspending xGov grants on 6 December and shelving Project King Safety, while keeping staking reward support until January 2028.
APP token rises 12.0% in 24 hours to $388.95
APP gained 12.0% over 24 hours and was trading at $388.95, according to MSX.COM data.
Previous related news
See all 4 updates on APP token price gainsMicrosoft 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.
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