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For the week ending November 7, the number of initial jobless claims in the United States was 200,000, higher than the expected 195,000, and the previous value was revised from 189,000 to 191,000.

According to the Russian Satellite News Agency, U.S. negotiators Wittekov and Kushner have arrived at the Kremlin to meet with Russian President Putin.

On November 12, at the Baidu World 2026 Conference, Baidu released the Tianchi 1024 card super node, which is planned to be launched next year. This super node uses optical engine technology to achieve full optical interconnection, supports collaboration of 1024 cards, with inter-card bandwidth increased by 3 times compared to the previous generation, training performance improved by 2.5 times, and inference performance enhanced by 3 times.The accompanying G3.5 KV Cache video memory acceleration cabinet can double the long context inference performance, reduce the first token waiting time by 90% in multi-turn dialogue scenarios, and increase overall throughput by 7 times. A single super node can support the training of large models with 50 trillion parameters, and can be scaled up to a cluster of 500,000 cards.This product was originally scheduled for release in 2028, but this announcement has moved the timeline forward by a year. On the same day, Baidu founder Robin Li revealed that the flagship Kunlun chip model M300 will also be launched next year.

Prudential economist Robert Sockin stated that the split in the U.S. government after the midterm elections could lead to tariff rates increasing from about 10% to nearly 15%, maintaining inflationary momentum.Prudential expects the Federal Reserve to raise interest rates by 100 basis points, with the next rate hike occurring in December. The probability of the U.S. economy overheating is 40%, while the probability of a recession has been adjusted to about 25%.

According to Tencent Technology, the board of directors of Nvidia is working with an external professional organization to find a potential successor for CEO Jensen Huang, with Apple CEO Tim Cook rumored to be one of the candidates.Time magazine has discussed the possibility of Nvidia adopting a dual CEO transition arrangement and mentioned external candidates such as Tim Cook and former Google CEO Eric Schmidt. The report states that regardless of whether the choice is internal promotion, external recruitment, or a temporary management team, the board needs to maintain strategic continuity and organizational stability in the event of Jensen Huang's potential departure.

According to Bloomberg, Japan's financial group Nomura is exploring the sale of its digital asset business Laser Digital, with Marex being one of the potential buyers.The report states that the business involved in this negotiation includes cryptocurrency trading, asset management, and on-chain credit cooperation. Currently, the details of the transaction and the progress of the negotiations have not been disclosed.

According to Bloomberg, informed sources revealed that the autonomous driving and automation technology company Applied Intuition is in talks for a new round of financing led by General Catalyst, aiming to raise at least $1.5 billion, with a pre-money valuation of about $30 billion, which is double its valuation in June 2025, with General Catalyst planning to invest $250 million.The sources also stated that the company expects revenue to exceed $560 million in fiscal year 2026 and total revenue to exceed $1 billion in 2027. Founded in 2017, Applied Intuition develops automation operating systems and autonomous driving technology for industries such as construction, transportation, and defense. The previous round of financing was led by a fund under BlackRock and Kleiner Perkins. Currently, neither Applied Intuition nor General Catalyst has commented on this.

The public chain Sei announced that the SIP-6 proposal has been approved, and the development team Sei Labs will initiate the Autobahn consensus upgrade. This is a core part of the Sei Giga upgrade, which will change the mechanism of a single validator proposing blocks to multiple validators proposing transaction batches in parallel.This adjustment aims to enhance the network's ability to process order placements, order cancellations, and price updates. Sei's previously announced performance targets are to handle 200,000 transactions per second and achieve final confirmation in about 250 milliseconds. The announcement did not disclose the mainnet activation time.

According to trader Ansem's post, he has taken profits on some short positions.Ansem stated that mainstream coins have not yet shown characteristics of a technical bottom for him, but the cryptocurrency market seems to have reached an emotional bottom, and he has never seen such intense feelings of despair.

According to the latest data from Glassnode, approximately 35.4% of the Bitcoin supply (7.12 million BTC) public keys are visible on-chain, which is part of what future quantum computers may attack.Among them, address reuse accounts for 25.8%, and exchanges account for 11.6%. The exposure ratio has continued to rise from 24.8% at the beginning of 2021, and the risk exposure under the threat of quantum computing is expanding. Glassnode points out that transferring these tokens to new addresses can eliminate this exposure risk.

Initia posted on platform X to disclose the progress of the security incident investigation, stating that on November 9, attackers exploited leaked GCP keys (used to configure private nodes) to illegally access Initia's infrastructure through a command injection attack, thereby obtaining its GitHub, GCP accounts, and more credentials, and gaining access to the Rollup hosting platform Anvil, which was used to forge 5 IBC withdrawals for Rollup validation, unlocking assets in Initia's L1 IBC hosting account.Approximately $3.27 million in assets was transferred to the attackers' address, while another $2.16 million in stolen funds remains on the suspended L1 and cannot be transferred. After selling the stolen assets on Initia DEX, the attackers withdrew 13,400 TIA, 8,000 USDC.inj, and 597,000 Noble USDC, without transferring any INIT. Initia stated that it plans to fully restore the affected assets and will rebuild the infrastructure in an isolated environment, with the expected restart time being longer than a regular network restart; asset recovery efforts are still ongoing with the assistance of law enforcement and security partners. Previously, it was reported that Initia L1 had suspended operations on November 10 at 14:18.

After the sharp decline of technology stocks last week, the concentrated holding risk in the U.S. stock market may not have been completely eliminated. The latest data shows that although retail investors and some hedge funds have significantly reduced their positions, global macro funds have largely maintained their existing stock exposure, becoming the next potential market risk of concern for institutions.According to a report by Bloomberg on Tuesday, data from Goldman Sachs' prime brokerage business indicates that as the S&P 500 recorded its worst weekly performance since 2025, global macro hedge funds did not significantly reduce their stock holdings. These funds primarily express macroeconomic and market directional judgments through index futures, exchange-traded funds (ETFs), and swap contracts. Due to their trading often involving large-scale index exposure, concentrated position adjustments could exacerbate volatility in major stock indices if market sentiment further deteriorates.Goldman Sachs data shows that last week, hedge funds' net selling of individual stocks reached the highest level in four months, with technology stocks becoming the most concentrated sector for net selling in both global and U.S. markets. Meanwhile, macro products, including index and ETFs, recorded net buying.In addition to global macro funds, systematic trading strategies may also become an important source of market volatility. Models tracked by Goldman Sachs indicate that approximately 60% of the global stock market is currently showing negative trading signals. According to relevant model estimates, S&P 500 index futures may face a potential selling scale of about $28 billion in the coming week, with potential selling pressure reaching $45 billion over the next month. The position structure in the options market has also increased potential risks.SpotGamma data shows that there is a broad negative gamma exposure in the S&P 500 index within the range of 7000 to 7550 points. In this market environment, options traders may further sell stocks during market declines to hedge their position risks and increase buying during market rises, thereby amplifying short-term price volatility.

Decrypt announces a partnership with the Solana infrastructure company Helius to introduce confidential transfer features for the Decrypt Money Account. This feature is based on Helius's Solana Privacy Rings privacy system, allowing users to send funds without disclosing the transfer amount, and transactions will not appear on the Solana public ledger. This move is part of Decrypt's evolution towards The Information Exchange, which integrates news reading, trading, and prediction markets into a single account.Decrypt co-founder and COO Ilan Hazan stated that he hopes the Decrypt Money Account will be at the forefront of on-chain finance, providing a user experience that goes beyond traditional financial platforms, with privacy as a core component.Helius's product head Tilo Palfner pointed out that public wallets expose users' holdings, transfer methods, and transaction behaviors. Once a wallet is linked to a personal identity, its financial history becomes visible to the entire network. He noted that the user experience of Solana Privacy Rings is similar to regular Solana transfers, completing almost instantly, with the difference being that outsiders cannot see the transfer details.The Decrypt Money Account does not require a mnemonic phrase, gas fees, or cross-chain bridges, and the underlying technology uses simple zero-knowledge proofs to allow users to prove ownership and control without disclosing their balance. Currently, the privacy feature only covers fund transfers and does not yet involve exchanges, earn, and prediction market positions supported by Jupiter on The Information Exchange.The core program is already running on the Solana mainnet and has been audited by Certora, OtterSec, and ZK Security; Helius plans to launch Custom Rings in the fourth quarter of 2026, allowing institutions to set their own compliance controls and audit access permissions.

European Central Bank Executive Board Member Fabio Panetta stated that if negotiations are delayed, the digital euro will face postponement.

U.S. Secretary of State Rubio stated that if there is a negotiable agreement, the United States is ready to negotiate with Iran at any time.

Overall and core inflation rates in the U.S. for October exceeded expectations, which may keep the Federal Reserve on track for interest rate hikes next month. According to data released by the Bureau of Labor Statistics on Tuesday, the Consumer Price Index excluding food and energy rose by 0.3% from the previous month. Overall prices increased by 0.4%. Due to the interruption in data collection during the government shutdown last October, the Bureau of Labor Statistics did not release year-on-year changes.The report shows that price pressures continue to mount ahead of this month's midterm elections, with the Democratic Party focusing primarily on the cost of living to regain control of both houses of Congress. This year, the war in Iran, tariffs, and the boom in data centers have all fueled inflation. This is the last CPI report that Federal Reserve officials will see before the policy meeting on December 8-9. Investors expect that they will raise interest rates at this meeting to address inflation.Before the release, Federal Reserve Governor Waller stated that if core CPI rises by 0.3% or more, the Federal Reserve may need to raise rates by 50 basis points.

Confidential AI Infrastructure NEAR AI updated on platform X, stating that on November 8, an attacker exploited a vulnerability in its inference engine SGLang to access part of the infrastructure.NEAR AI has indicated that it has revoked relevant access permissions and completed the repairs. Affected users have been notified, and users who have not received notifications do not need to take any action.

According to official news, HIVE Protocol announced that it will officially launch on November 12 at 08:08 (UTC+8). This is an on-chain micro-strategy experiment based on the Web3 framework, aimed at exploring the community-built asset aggregation path for BNB.The protocol is initiated by DBCC (DAOBase Chinese Community), built on BEE, and receives technical and transparency support from DAOBase's "Build on BEE" policy, but it is not an official product of DAOBase. The protocol uses BNB as the core reserve asset and executes through smart contracts, featuring real-time verification of on-chain data, liquidity permission destruction, and mechanism automation, driven by community consensus to promote asset aggregation.According to the project plan, HIVE Protocol has a clear lifecycle, and after completing phase goals, the reserve assets will flow back into the ecosystem. The project positions this experiment as a practice of DAOBase's concept of "not just an aggregation engine for BNB, but also a builder of the BNB ecosystem," and will subsequently be subject to market and community evaluation.

According to reports from the Financial Associated Press, the Japanese AI company Sakana AI is preparing for an initial public offering (IPO), which could take place as early as the fall of 2027 in Japan or the United States. The company has hired Goldman Sachs as its IPO advisor.Sakana AI is expected to become the first GenAI development company in Japan to go public, and this listing is also anticipated to rank among the largest startup IPOs in Japanese history. The funds raised are planned to be directed towards model development, talent recruitment, and sales marketing. Sakana AI was founded in 2023, focusing on sovereign artificial intelligence scenarios, and has successively launched several routing models. In November 2025, the company raised funds in a Series B financing round at a valuation of 400 billion yen.