cap

According to Modern Express, Capital Medical University recently reported a telecom fraud case where a freshman from the class of 2026 was scammed by someone impersonating public security and judicial personnel, resulting in a total transfer of nearly 1.8 million yuan. The police urgently intercepted 370,000 yuan, with an actual loss of over 1.42 million yuan.The scammer used methods such as forging police officer credentials, case documents, and threats of retaliation to demand that the student cut off contact with their family and school. They lured the student into withdrawing 200,000 yuan in cash, 450 grams of gold, and additionally purchasing 370,000 yuan in virtual currency, as well as transferring 710,000 yuan online. During this time, bank and police staff inquired and advised multiple times, but they were unable to stop the fraud in time.

On November 13, at the Semiconductor Manufacturing International Corporation's Q3 2026 earnings conference, Co-CEO Zhao Haijun stated that the development of AI is currently flourishing, and the demand for computing power exceeds supply. The industry consensus believes that 2027 will be a year of significant shortage in semiconductor foundry capacity, with shortages expected to continue until mid to late 2028.Zhao Haijun pointed out that after mid-2028, the demand for memory related to AI may reach a basic supply-demand balance, but computing power and other supporting chips may still be in short supply. From the perspective of specific wafer revenue, the demand for mobile phones and mid-to-low-end consumer products is weakening, and it may continue to decline in the future.

The Non-Small Number AI officially launched the trading module, supporting wallet creation, and added a position page, thus extending AI services from information and market viewing to trading and position management. The trading module supports Hyperliquid perpetual contracts, BSC spot trading, and cross-chain bridges.At the same time, the Non-Small Number main site information module integrates over 100 authoritative Web3 content sources, with content deduplicated by AI before aggregation, enhancing the capabilities of its Web3 expert model.The Non-Small Number AI has added an independent information page that can synchronize real-time with the main site information; an independent market page has been added, currently used for viewing market data, which has laid the necessary groundwork for the upcoming trading features.It is reported that the Non-Small Number trading system is under development and will be launched soon.

AI cloud computing company Nebius announced its third-quarter financial report, with revenue increasing by 571% year-on-year to $981 million, exceeding market expectations by about 8%; adjusted EBITDA reached $466 million, also higher than the expected $357 million. However, the company expects its full-year revenue for 2026 to fall at the lower end of the guidance range of $3 billion to $3.4 billion, below the market expectation of about $3.37 billion.What draws more market attention is that Nebius expects capital expenditures in 2027 to reach $40 billion to $45 billion, while providing a revenue outlook of $12 billion to $13 billion, approximately four times that of 2026. The company stated that customer prepayments and investment-grade contract asset-backed financing are expected to cover 75% to 85% of next year's capital expenditures, with the scale of prepayments expected to increase from about $10 billion this year to $17 billion to $20 billion.The company's CEO stated that since the third quarter, the total value of newly signed contracts has exceeded $12 billion, with Databricks, Datadog, Palantir, and Snowflake all signing multi-year agreements with the company for the first time. Despite significantly exceeding expectations, the full-year revenue guidance fell short of expectations, and the capital expenditure plan of up to $45 billion next year has raised market concerns about AI infrastructure expansion and financing pressures.

According to Brazilian media Portal do Bitcoin, Ailton de Aquino Santos, the Director of Regulation at the Central Bank of Brazil, stated that about 30% of the applications for licenses from cryptocurrency service providers have issues with registered capital not meeting regulatory requirements, and many applying institutions have not submitted audited financial statements.The Central Bank of Brazil previously announced 120 cryptocurrency license applications, of which 119 are still under review, and 1 has been rejected. According to the new regulations, the minimum capital requirement for cryptocurrency trading and intermediary service providers can reach 37.2 million reais (approximately 7 million USD). Currently, the regulatory authority has not disclosed the list of non-compliant companies, and the 30% non-compliance ratio does not mean that the same proportion of applications will ultimately be rejected.

According to Crypto Briefing, Dubai-based Cequire Capital announced plans to invest $100 million in early-stage Web3 companies and liquid digital assets, using its own funds to support projects in five areas of blockchain infrastructure and fintech.This three-year funding will cover stablecoins and stable chains, AI and autonomous agent payments, tokenized real-world assets, privacy technology, and post-quantum security. Cequire plans to allocate 60% of the funds to venture capital, 30% to liquid assets, and 10% to co-investments, leading or co-leading seed and pre-seed rounds with investments ranging from $500,000 to $2 million. The company stated that the first $50 million is ready to be deployed, with deployment expected to be completed by the end of the next quarter.

The decentralized lending protocol Moonwell, through governance proposal MIP-X75, has reduced the collateral requirements for existing loans and removed VELO and wrsETH from the list of collateralizable assets. This adjustment involves the lending markets deployed on Base and Optimism.After the proposal takes effect, the reduction in collateral limits will compress the borrowing capacity of existing borrowers. Users close to the borrowing limit who do not reduce their debt or supplement with eligible collateral will face liquidation.

According to Forbes, data infrastructure company Edelbyte has completed a $45 million Series A funding round, reaching a valuation of $500 million, led by Quiet Capital, with all existing investors participating. New investors include QP Ventures, Startpoint Capital, and Cerca Partners.The company had previously completed a $25 million seed round led by Sequoia, with Greenoaks and Swish Ventures participating, bringing total funding to $70 million. Edelbyte was founded in November 2025 by four former Microsoft engineers to provide a data platform for increasingly complex query workloads in the AI era.Co-founder and CEO Avner Aharoni, CTO Evgeney Ryzhyk, VP of Engineering Alexander Sloutsky, and VP of Platform Engineering Yoni Leibowitz all worked at Microsoft for about 20 years and have over a decade of experience working together.Among them, Ryzhyk and Sloutsky were part of the founding team of Microsoft's internal data platform Kusto, which later became the foundation for products like Azure Data Explorer. Edelbyte's platform integrates traditional analytics, text search, spatial queries, and AI workloads on the same infrastructure and can be deployed in public cloud, private cloud, and on-premises environments.

According to Fortune, AI sales startup Rox has completed a $100 million Series B funding round, with a valuation of $1.3 billion. This round was co-led by General Catalyst and March Capital, with Sequoia and GV continuing to invest, and Prosperity7 joining as a new investor.Rox stated that its AI agent can research customer accounts, recommend priority follow-up targets, and prepare customer outreach efforts.Rox co-founder Ishan Mukherjee said the new funds will be used for more AI research and product development, and the company plans to expand its sales, marketing, and business teams in the U.S. fivefold next year.

This week, the New York Stock Exchange chose Avalanche to provide infrastructure for its upcoming tokenized securities platform. On Monday, Ava Labs announced that Avalanche will serve as the "core ledger technology" for the tokenized securities platform being developed by the NYSE's parent company, Intercontinental Exchange. The product is designed to support 24/7 trading, clearing, and settlement of tokenized securities, pending regulatory approval.Market maker GSR research analyst Carlos Guzman stated that this is a "significant victory for the project," as the NYSE's choice of its technology for settlement greatly enhances institutional credibility and validates the value that blockchain technology brings to traditional financial infrastructure through instant settlement and programmability. Luther Maday, North America head of crypto payment company Mercuryo, mentioned that this decision was made after approximately a year of testing on Avalanche, indicating that the network has passed tests for performance, reliability, and control.Experts also remind that providing infrastructure does not necessarily mean the long-term value of the AVAX token will rise. Guzman pointed out that while the NYSE will use Avalanche infrastructure for clearing and settlement, actual transactions will still occur off-chain, with related activities running on dedicated infrastructure rather than the public C-Chain that carries most of the network's activities. Misha Putiatin, founder of Symbiotic, stated that the main challenge for Avalanche is whether it can achieve "value capture" that is difficult for other blockchains. According to Decrypt data, AVAX rose 3.6% in the past 24 hours to $8.64.

According to on-chain analyst Yu Jin's monitoring, as the price of ZEC has significantly dropped and fallen below 1000 USD, Abraxas Capital holds ZEC short positions at two addresses on Hyperliquid—Abraxas Capital related address (0xb83...6e36) and Abraxas Capital related address (0x5b5...8c060)—with an unrealized profit of 34.98 million USD from ZEC positions alone.The total unrealized profit of the two addresses with open positions is 118 million USD.

John Higgins, an analyst at Capital Economics, stated that following the release of higher-than-expected inflation data, U.S. Treasury yields may face further pressure in the short term. The 2-year U.S. Treasury yield has risen more than the 10-year yield, reflecting an increased market expectation that the Federal Reserve's policy will become more tightening.Capital Economics expects that if the recent stock market rebound cannot be sustained, the trend in yields may reverse.

On November 10, German solar equipment manufacturer SINGULUS TECHNOLOGIES announced that it has signed a contract with SpaceX to provide a complete production line for heterojunction (HJT) solar cells. The first production line order amounts to over 60 million euros and is scheduled for delivery in the first half of 2027. The strategic cooperation between the two parties also plans to expand to multiple production lines, gradually supporting a scale of over 100GW of solar cell production equipment. The related production facilities will be used for SpaceX's satellite manufacturing project located in Bastrop, Texas, USA, to provide high-performance solar cells for its Starmind space AI satellite.Musk subsequently retweeted the SpaceX announcement and added that SpaceX has ordered HJT solar manufacturing equipment with an annual capacity of 100GW from German SINGULUS, stating that this is to enable Starmind to create a "sentient sun," a phrase that echoes its long-term vision of building a space AI computing infrastructure using solar satellites. SINGULUS also disclosed that since establishing strategic cooperation with SpaceX in March 2026, it has provided financial support in March and October, which includes a secured subordinated loan.

According to DefiLlama data, Bitget ranks second among centralized exchanges (CEX) for net capital inflows in the past 24 hours, 7 days, and 30 days. Specifically, the inflow in the last 24 hours was approximately $116 million, about $166 million in the last 7 days, and around $699 million in the last 30 days.The capital inflow may be driven by the platform's high-yield financial activities. It is reported that Bitget recently launched the "Financial Carnival Season," where users can complete net recharge of specified cryptocurrencies and subscribe to corresponding flexible products, with USDT enjoying a maximum of 10% APR, ETH and XAUT a maximum of 5% APR, and BTC a maximum of 3% APR.

According to The Block, Jupiter Exchange's Chief Operating Officer Kash Dhanda stated in an interview, "Solana is the universal chain."He believes that the future of finance will not be built on specialized systems, but rather on a universal chain that can aggregate liquidity, and currently, only Solana provides this.

The cryptocurrency venture capital firm Multicoin Capital's co-head of venture capital, Spencer Applebaum, pointed out that AI has greatly lowered the threshold for protocol development, leading to rapid homogenization of pure software, while the core barriers of financial services remain outside of code.Applebaum believes that the relevant barriers mainly include three aspects: first, distribution channels centered around sticky customer relationships and order flow; second, balance sheets and capital scales that AI cannot create out of thin air, such as cross-currency prime brokers with risk resistance capabilities, and reserves backed by the protocol; third, proprietary data underwriting involving offline proprietary data and non-public risk control, such as OnRe reinsurance or GPU collateralized loans.He also stated that underlying general L1 and L2 are losing their native distribution and capital monopoly advantages. The key for startup teams to break through lies in entering high-risk tolerance markets that traditional giants are unwilling to touch due to compliance or reputation concerns, and gradually building the aforementioned barriers.

Aave Labs released a technical assessment on the governance forum, stating that the wrapped Bitcoin cirBTC issued by Circle meets the technical conditions for launching on the Aave Ethereum market. cirBTC is issued by Circle with a target of a 1:1 Bitcoin reserve, and at the time of assessment, its supply on the Ethereum mainnet was approximately 910.15 coins, valued at about 70.12 million USD.Aave Labs pointed out that the contract upgrades, transfer pauses, and address freezes for cirBTC are controlled by a single key, and no on-chain time lock has been set. The audit report for the cross-chain token service (CCTS) framework that allows the minting of cirBTC on Ethereum has not yet been provided. Additionally, the reserve proof data source has reported multiple times that the reserves are below the supply, and the specific reasons cannot be determined from on-chain data.

According to PR Newswire, Marble, an institutional multi-asset trading and computing credit company founded by former BitGo and Galaxy Digital executives Matt Ballensweig and Leon Marshall, has announced its launch and completed a $11 million seed round financing, led by Polychain Capital, with participation from institutions such as Maven 11, Ripple, Susquehanna Crypto, Lattice, Blockwall, and several angel investors in the AI field.Marble operates through two business lines. Marble Compute focuses on building private credit channels for AI infrastructure, connecting institutional lenders with neoclouds and GPU operators; Marble Markets builds an institutional trading platform covering digital assets, real-world assets, prediction markets, and computing power.The two founders serve as co-CEOs: Ballensweig was the global trading head at BitGo, and Marshall was the CEO of Galaxy Digital's European operations.

DeFiLlama data from November 10 shows that Huobi HTX had a net capital inflow of over 436 million USD in the past 24 hours, ranking first among mainstream centralized exchanges worldwide.It is reported that Huobi HTX launched 20 stock tokens and ETF-related assets including SNDK, SOXL, SPCX, CRCL, MSTR, SKHY, MU, TSLA, NVDA, etc. on November 9, and initiated a series of welfare activities such as zero transaction fees for limit orders.