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Cryptocurrency exchange Gemini announced its third-quarter financial report, with total revenue for the quarter at $40.9 million, a year-over-year decrease of 19% and a quarter-over-quarter decrease of 10%, compared to $50.6 million in the same period last year. The net loss narrowed to $58.6 million, down from nearly $160 million in the same period last year and $107.7 million in the second quarter. After the financial report was released, Gemini Space Station Inc. (GEMI) saw its stock price rise 6.5% in after-hours trading to $2.79, but the cumulative decline for the year remains around 75%.The trading business is under significant pressure. Affected by the drop in trading volume from $16.4 billion in the same period last year to $4.5 billion, exchange business revenue fell 47% to $13.4 million, although trading volume increased by 18% quarter-over-quarter. Revenue from credit card operations decreased by 4% quarter-over-quarter to $15.5 million, while platform assets grew from $8.4 billion in the second quarter to $13.4 billion. Operating expenses decreased by 30% year-over-year to approximately $120 million. CEO Tyler Winklevoss stated that operating expenses have decreased for the third consecutive quarter, maintaining spending discipline while investing in growth.Forecasting market operations became a highlight, contributing $800,000 in revenue for the quarter, a quarter-over-quarter increase of 52%. The company is pushing to open its exchange and clearinghouse to brokers wishing to offer event contracts and signed a letter of intent with Apex Fintech Solutions in August to provide cryptocurrency event contracts, although this deal has not yet been finalized. President Cameron Winklevoss stated that Gemini 2 bets on platforms that can sustain themselves long-term will control the underlying regulated infrastructure.

According to The Block, Anchorage Digital announced a partnership with Visa to use a portion of the stablecoins issued by its federally chartered bank as native settlement assets on the Visa network, with the first supported being the Western Union stablecoin USDPT. Visa and eligible partners can now settle VisaNet debts using USDPT, and both parties will establish a framework to evaluate the inclusion of more stablecoins issued by Anchorage.USDPT was launched on Solana in May of this year, issued and custodied by Anchorage Digital Bank.

According to a report by IT Home on November 12, the South Korean Ministry of Trade, Industry and Energy announced the country's edge AI semiconductor technology development project roadmap on the same day. The total amount of the project is 800.2 billion Korean won, which is approximately 3.993 billion Chinese yuan based on the reported exchange rate. The goal is to complete the development and verification of 10 AI chips by 2030.The roadmap shows that among these 10 chips, 3 are aimed at smart home appliances, with 1 each for autonomous driving, collaborative robots, humanoid robots, agricultural robots, and drones, along with advanced processes and extreme scenario projects. Foundries such as Samsung Electronics will prioritize allocating resources for multi-purpose wafer testing and tape-out to domestic projects, while IP companies will reduce the IP usage costs for Korean chip designers through flexible methods. Chip customers will also participate in the R&D process.

According to monitoring by Arkham, the UAE royal family-associated Bitcoin mining company Citadel is still engaged in Bitcoin mining and currently holds approximately 532 million USD in Bitcoin.85% of Citadel's shares are held by 2pointzero, which is 100% owned by IHC. The UAE Royal Group holds about 61% of IHC's shares, which is owned by Abu Dhabi royal family member Sheikh Tahnoon bin Zayed Al Nahyan.

According to CoinDesk, Gemini has sold its UK and European operations to stablecoin payment company Kast for less than 10 million dollars. Gemini exited the UK and European markets in February this year, with the buyer primarily valuing the local MiCA and FCA licenses.

Google released the Gemini Decisions API, with the underlying model being Gemini Decision 1. Sundar Pichai and Logan Kilpatrick announced this model. It handles closed-set decision-making, scoring options in a single forward pass rather than generating text token by token. The model supports yes/no judgments, multiple-choice, and scale ratings, with multiple-choice allowing up to 255 options, and can accept text, images, audio, video, and PDFs, with a maximum of 1000 questions per request, a context window of 256K, and an end-to-end latency of about 150 to 250 milliseconds, returning confidence for each answer.The input price is $0.10 per million tokens, with output not charged. Google states that this price is about one-fifth of Flash-Lite. The project began as an internal prototype at Google DeepMind, with a small team delivering the model and interface after about six weeks. Google’s self-testing shows that Decision 1 leads in 5 out of 7 shared benchmarks against the TypeSafe decision model Jev 1.14, with JevBench at 92.2% and Jev 1.14 at 90.0%. The input price for Jev is $0.042 per million tokens.

Ethereum developer Marchhill submitted the draft EIP-8437, proposing to propagate proof wrapper data through the eth/73 protocol and introducing an optional mode that allows transactions to submit raw signatures to the aggregator without pre-generating STARK proofs.This proposal supports the direct propagation of certified packages with transactions and performs independent checks of specified programs in resource-constrained sandboxes to verify witness data. The new program does not require the development of native adapters for each signature scheme separately. Additionally, the proposal plans to limit the batch queue size, clean up expired transactions, and recheck records before formally generating proofs to support failure retries.Currently, the proposal is still in the Draft stage and has not yet been merged. The developer pointed out that VM and key binding consistency verification, cryptographic verification, and performance testing are still incomplete, and benchmarking has not yet been conducted.

Google announced that the Gemini AI application will be integrated into Apple CarPlay, allowing global iOS users to use the Gemini voice mode through the in-car screen for hands-free conversations, supporting all languages of the voice modes that have been launched. Chat history will be synchronized with the Gemini application on the iPhone, enabling users to query restaurants along the way, summarize unread emails, and draft replies via voice.

According to Business Insider, Google (GOOG.O) is internally testing a high-speed Gemini AI model named Hydrogen.

According to EU-Startups, Cambridge semiconductor startup Tendrils has completed a $30 million seed round financing, approximately €26 million, led by Benchmark, with participation from Visionaries Club, the UK Sovereign AI Fund, FR8, Antimatter, Cloudberry VC, Conviction, Embassy Ventures, and SV Angels, along with several angel investors.The company was founded in 2025 by CEO Nils Cremer and co-founders T6 and Hugo McNally, and is developing a universal processor architecture that allows thousands of cores to work in parallel.The new architecture is based on an interactive network computing model, representing programs as interconnected nodes, allowing independent operations to be executed simultaneously, attempting to break free from traditional shared mutable memory and linear instruction sequences. The company is also developing an open-source programming language called Vine, which has a syntax similar to Rust, making it easier for software to adapt to this parallel-first architecture. Tendrils stated that while GPUs have taken on large-scale numerical computations, AI agents still heavily rely on CPUs for irregular tasks such as executing code and retrieving documents. Jack Altman, general partner at Benchmark and co-founder of Lattice, will join the board.

On November 11, according to the latest market data from the Gate platform, multiple technology stock tokens and leveraged ETFs in the gStocks section recorded increases. Among them, CoreWeave tokenized stock (CRWVG/USDT) rose 15.57% in 24 hours, currently priced at 56.57 USDT; the three times long semiconductor ETF (SOXLG/USDT) increased by 13.91%, currently priced at 62.00 USDT; and the two times long ETF of Maiwei Technology (MVLLG/USDT) rose 12.55%, currently priced at 11.53 USDT.The daily trading volume of Gate gStocks has exceeded 160 million US dollars, and the trading activity of stock tokens on the platform continues to increase. Gate gStocks adopts a 1:1 full native stock reserve mechanism, with each tokenized security corresponding to an equal number of native stocks as underlying asset support, and supports 24/7 trading, unified account management, and a minimum investment of 1 USDT with fractional share trading, covering multiple fields such as AI, semiconductors, electric vehicles, and storage.

According to Jinshi reports, in the third quarter of this year, the concentration of South Korean exports further deepened. Influenced by the prosperity of the semiconductor industry, the gap between large enterprises and small and medium-sized enterprises widened, with the top ten export companies in South Korea accounting for more than 60% of the total export value, marking the first time since records began in 2010.Data released by relevant departments on Tuesday showed that South Korea's total exports in the third quarter surged by 72.3% year-on-year, reaching 318.6 billion USD, setting a record high for a quarter since records began in 2015. The export value of large enterprises grew by 103.5%, with semiconductor manufacturers like Samsung Electronics and SK Hynix being the main drivers, while the export value of small and medium-sized enterprises only increased by 12.8% and 10.7%, respectively. During the same period, semiconductor exports skyrocketed by 219% year-on-year, reaching 148 billion USD, accounting for 46.5% of the total exports, up from 25.1% in the same period last year.

On Tuesday, Google announced that its cutting-edge artificial intelligence model, Gemini 4 Carbon, is now open to paid developers and enterprise customers. Google stated that the model is capable of handling complex programming, cybersecurity, and scientific research tasks that involve multiple steps. Gemini 4 Carbon was released on October 28, having previously been available to select cybersecurity defense agencies through the Fairwind program. Following this opening, paid developers can use the model via the Gemini API in Google AI Studio, while enterprise customers can access it through Gemini for business. Google AI Ultra subscribers will also gradually gain access to the Gemini application, Google Search AI mode, and Antigravity.In early tests, OpenCode software engineer Kit Langton reported that the team submitted a list of requirements to Carbon before the end of the workday, requesting solutions for consistency issues between the application interface and the existing UI framework. After running overnight, Carbon built a Rust UI library from scratch, rewrote the OpenCode desktop application, and provided a runnable demo version. The Wiz team under Google stated that while using Carbon for cyber to scan two large software service providers, the model identified zero-day vulnerabilities within two hours and subsequently collaborated with the affected agencies to complete the fixes. Google did not disclose the names of these service providers or the details of the vulnerabilities. Researchers also combined Carbon with other models, using the AlphaProof Code intelligent agent framework to complete the formal verification of the security properties of the underlying code of the Signal encryption protocol within weeks.In terms of pricing, Google set the initial experience price for Carbon's API at $2 per million input tokens and $10 per million output tokens, the same as Gemini 4 Argon. This offer lasts until November 30, after which the price will double, adjusting to $4 per million input tokens and $20 per million output tokens, applicable to the publicly available Carbon model. Google stated that Carbon ranked first in three benchmark tests: CursorBench 4.0, Perplexity WANDR, and Zapier AutomationBench, with the cost of single-task performance being less than half that of the next best external models. Google also mentioned that the model intercepted 99% of attack paths in a simulated cyberattack test, and achieved a 0% success rate in another prompt injection test.

Alibaba Group (09988.HK) announced on the Hong Kong Stock Exchange that the Hong Kong Stock Exchange has confirmed that the company can proceed with the proposed spin-off. Therefore, on September 11, 2026, Pingtouge submitted a listing application form (Form A1) to the Hong Kong Stock Exchange in a confidential manner, seeking approval for the listing and trading of Pingtouge's H shares on the main board of the Hong Kong Stock Exchange.The proposed spin-off is intended to be conducted through a global offering of H shares, including a public offering in Hong Kong and a placement to institutional and professional investors. After the proposed spin-off is completed, it is expected that Pingtouge will continue to be a subsidiary of the company. The proposed spin-off is subject to the approval of the Listing Committee of the Hong Kong Stock Exchange, the completion of the filing with the China Securities Regulatory Commission, and the final decision made by the company and Pingtouge.Therefore, shareholders and potential investors of the company are advised to act cautiously when buying or investing in the company's securities.

Financial technology company GTN announced the appointment of former Gemini executive Mark Jennings as the Global Head of Digital Assets. Jennings will be responsible for GTN's tokenized securities strategy, leveraging its global market access capabilities to help the platform bring traditional assets on-chain.Previously, Jennings served as the Chief Executive Officer of Gemini's European operations, overseeing the exchange's expansion in Europe. Earlier, he held several executive positions at Kraken, including serving as the Chief Executive Officer of its institutional derivatives trading platform Crypto Facilities.

The Industrial and Commercial Times reported on November 10 that the supply chain has recently indicated that NVIDIA intends to slow down chip orders. The report stated that NVIDIA's CEO Jensen Huang admitted to infidelity and apologized in a letter to employees on the 8th, U.S. time. The board has initiated an independent investigation to clarify whether it has been targeted by foreign intelligence activities. Foreign media disclosed that some companies authorized to handle the H200 are suspected of being shell companies, raising concerns that chips may be transshipped to mainland China through shell companies and third locations.The report indicated that stricter export reviews and the accumulation of H200 processors in Hong Kong have increased the risk of NVIDIA cutting orders, with upstream supply chain players such as TSMC and ASE being the first to bear the brunt. The supply chain revealed that there have also been rumors of NVIDIA cutting orders in wafer foundry recently, stating that this would benefit other chip manufacturers in obtaining more capacity, including AMD and cloud service providers' self-developed chips. ASIC manufacturers indicated that as long as TSMC can provide capacity, end customers will fully take on the orders. Industry sources pointed out that if NVIDIA releases capacity, companies like WorldChip, Creative, and MediaTek are expected to gain more capacity support.MediaTek estimates that the first AI accelerator aims for approximately $16 billion by 2027 and has already secured a second customer. WorldChip has also obtained a second ASIC order from a major American company and anticipates that revenue will gradually expand next year and the year after. Demand for AMD's data center business continues to exceed existing supply. AMD CEO Lisa Su stated in a recent earnings call that large cloud service providers are expanding EPYC deployments, with increased demand for AI accelerators and cabinets. The Instinct MI455X has been shipped in large quantities, and multiple cloud customers and computing power buyers have activated the first batch of Helios.

The founder of Slow Fog, Yu Xian, posted on the X platform stating that iOS has released a security update again, and the security of the iPhone is not as good as before, with various malicious exploits emerging.He reminded users not to install apps or open unfamiliar websites casually, especially those involving adult content, and noted that such reminders were mainly aimed at Windows in the past.

According to CoinPost, the Financial Services Agency of Japan has updated the warning page for "unlicensed financial and cryptocurrency trading platforms" and added a link to the Consumer Affairs Agency's anti-fraud measures, reminding investors to be cautious of trading platforms that are not registered in Japan.The Financial Services Agency pointed out that these unlicensed platforms lack investor protection mechanisms and often face issues such as refusing user withdrawals, charging "exorbitant fees," and even suddenly going offline. The official reminds users to verify the platform's qualifications through the "Unified Search Function for Financial Service Providers" before trading. In the warning list updated in September, a Hong Kong company operating "IZAKA-YA" was added. Additionally, the Consumer Affairs Agency of Japan has implemented anti-fraud measures in September, utilizing AI to analyze consumer consultation data from various regions to identify malicious fraud techniques early.