operation

The Kremlin announced that Putin and Trump plan to meet at the Asia-Pacific Economic Cooperation summit.

The cryptocurrency trading platform Backpack announced that it has signed a cooperation agreement with the Japanese digital bank Minna Bank. Minna Bank is part of one of Japan's major regional bank groups, FFG. Both parties will utilize Backpack's on-chain infrastructure to explore the provision of digital banking services related to cryptocurrency assets in Japan. Backpack is positioned as a cryptocurrency trading platform and multi-chain wallet. According to RootData, the project completed a strategic financing of 20 million dollars in 2022 and will complete a Series A financing of 17 million dollars in 2024.

IBM announced the next-generation superconducting quantum processor IBM Quantum Nighthawk r3, designed to accurately perform 10,000 quantum operations on 520 programmable qubits. This processor contains 2,034 physical qubits, continuing the square lattice connectivity and fast operation architecture of Nighthawk r2, and adds 10 inter-chip connections called l-couplers. IBM plans to connect two Nighthawk r3 processors into a single 1,040 qubit system by 2027.The currently deployed Nighthawk r2 is equipped with 120 programmable qubits, 218 couplers, and 120 reset elements, capable of executing over 100,000 circuits per second, with a throughput approximately 25 times that of Heron, and a maximum speed increase of 19 times for partner workloads, with E.ON reporting a 15 times increase. IBM previously connected two Nighthawk r1 processors using 4 l-couplers, achieving a quantum state transfer fidelity of up to 99.3%, averaging 99%; the two connected cryogenic modules cooled down to below 15 milli-Kelvin within 5 days.

According to Bloomberg, the prediction market platform Polymarket has recently laid off some employees and terminated contracts with several contractors.Previously, CEO Shayne Coplan, responding to investor demands for stronger company management, brought in several senior executives, including hiring former Amazon finance chief Warren Jenson as Chief Financial Officer and recruiting executives from Goldman Sachs, DoorDash, and Robinhood. Polymarket stated that as the business expands and new management joins, the company is adjusting its organizational structure, involving personnel recruitment, position adjustments, and layoffs, but did not disclose specific numbers.

Cryptocurrency trading platform Uphold announced that the previously encountered issue of cryptocurrency withdrawal interruptions has been resolved. The interruption was caused by a failure in its trading monitoring service provider, and the platform implemented measures during the outage.Uphold stated that during the process of addressing the issue, fiat currency deposits, fiat currency withdrawals, and trading functions continued to operate normally and were not affected by the interruption.

According to official news, Animoca Brands' digital identity project Moca Network announced a strategic cooperation with OKX Ventures, and both parties will jointly screen and support Moca Network ecosystem projects. OKX Ventures has committed to allocating part of its MOCA token reserves for joint investments in projects that develop consumer applications based on digital identity infrastructure such as AIR Kit and Moca Chain.OKX Ventures will also provide support for selected projects, including OKX payment, fiat deposit, and OKX Wallet integration. As the projects gradually mature, Animoca Brands and OKX Ventures may also increase their investments.

Anthropic has reached agreements with partners such as AMD, Broadcom, Google, Micron, Microsoft, NVIDIA, and TSMC.

According to an interview with "Daily People," a data center operations engineer who has worked in Ulanqab, Inner Mongolia for 5 years stated that local AI data centers are still under large-scale construction, but the hiring demand at his company has significantly decreased. The company hired thousands of people in 2025, but by the time of the interview in 2026, only 3 new hires had been made.The engineer, who goes by the pseudonym Zhang Liwei, originally worked on an assembly line at an automobile factory. When he first switched careers, his internship monthly salary was 2,000 yuan, which increased to 4,500 yuan after graduation. After 5 years of job hopping and promotions, he currently earns over 10,000 yuan per month. In April of this year, DeepSeek was hiring senior operations engineers and senior delivery managers for its data center in Ulanqab, offering a monthly salary of 15,000 to 30,000 yuan, with 14 months' salary. These positions require extensive experience in data center operations and project management. According to Zhang Liwei's observations, local ordinary duty staff still earn around 5,000 to 6,000 yuan per month, while assistant engineers can earn over 10,000 yuan.The entry barriers are also rising. In 2024, some data centers were still hiring newcomers without relevant professional backgrounds; however, this year, some companies have required candidates to have a relevant degree and work experience, and there is even a 35-year age limit for basic duty positions. Zhang Liwei mentioned that a former colleague has started a training class for operations, charging nearly 20,000 yuan per student, and classes only start when there are 60 students, with a single session fee approaching 1.2 million yuan. The so-called internal recommendations are mostly just to help students secure an interview opportunity.

The Threshold tBTC cross-chain bridge has resumed on-chain operations, but the application still suspends new deposits, minting, and Bitcoin redemptions, and the Aave-related reserves remain frozen.

According to official news from Gold House, the parent company of the social platform Gold House has reached a strategic cooperation with the Canadian MSB licensed company LUMINOUS FINANCE LIMITED. The two parties will collaborate on digital currency exchange, fiat currency exchange channels, cross-border fund transfers, and merchant payment settlement, exploring the application of digital assets in global payment and commercial settlement scenarios.This cooperation will combine the resources of both parties in the digital asset ecosystem, financial services, and related compliance businesses, improving Gold House's business layout in the field of digital asset payment and settlement, and providing users and merchants with more digital asset settlement service solutions.

On November 7, Tencent's Q&A community Sogou Wenwen and Wenwen Mall officially ceased operations. According to the official shutdown announcement released in October, both will stop services at 23:59 on November 7, 2026. At that time, the related pages will no longer be accessible, and the question bean redemption function will be closed simultaneously; after the shutdown, user accounts will be automatically canceled without manual operation.The official previously reminded users that the questions, answers, and personal content accumulated in Sogou Wenwen need to be screenshot or copied for backup in the personal center before the shutdown; after the shutdown, all content on the platform will be deleted or anonymized in accordance with the Personal Information Protection Law of the People's Republic of China and other relevant laws and regulations. Sogou Wenwen is a knowledge application product and Q&A interactive platform under Sogou, formerly known as the interactive Q&A community SOSO Wenwen under Tencent, covering dozens of categories such as computer digital products and games, with over 100 million users.

According to an official statement from MEXC, the platform has acknowledged the order issued by the Financial Crimes Enforcement Network (FinCEN) on November 6 and is currently assessing it with its legal and compliance team. MEXC stated that the platform is operating normally and user assets are secure.MEXC emphasized that it will take the relevant concerns seriously and plans to engage in constructive communication with FinCEN and other relevant regulatory authorities globally. An independent review of its anti-money laundering and sanctions control measures has also been initiated.Previous news reported that the U.S. Department of the Treasury has ordered U.S. financial institutions to prohibit the transfer of funds to and from MEXC Global, and this order will take effect 30 days after publication in the Federal Register.

According to Cryptoast, due to the failure to obtain regulatory approval under the EU MiCA, Binance announced that it will close user accounts in France (Binance France) and cease operations in France on December 31, 2026. Currently, the deposit function is no longer available.Starting from November 29, accounts that still hold assets will be charged a monthly management fee of 0.025%, with a minimum fee of 10 USDC. The first deduction will occur within 3 days after November 29, and the second will occur after December 24. Fees will be deducted primarily from USDC, and if insufficient, from other crypto assets. Accounts that withdraw all assets before November 29 will be exempt from fees. Assets not withdrawn after December 31 may be considered inactive accounts and may be converted, transferred, or otherwise processed. Users can proactively close their accounts and withdraw funds at any time.

According to a report by Cryptoast, due to the failure to obtain regulatory approval from the EU MiCA, Binance announced that it will close user accounts in France (Binance France) on December 31, 2026, and cease operations in France. Currently, the deposit function is no longer available.Starting from November 29, accounts that still hold assets will be charged a monthly management fee of 0.025%, with a minimum fee of 10 USDC. The first deduction will occur within 3 days after November 29, and the second will be after December 24. Fees will be deducted first from USDC, and if insufficient, from other crypto assets. Accounts that withdraw all assets before November 29 will be exempt from fees.Assets not withdrawn after December 31 may be considered inactive accounts and may be converted, transferred, or otherwise processed. Users can proactively close their accounts and withdraw funds at any time.

According to official news from Bitget, the Bitget ecosystem tokenized U.S. stock protocol Reality has reached a strategic cooperation with the DeFi reward infrastructure Merkl. Both parties will use Merkl's reward forwarding function to identify the actual holders of rToken deployed in supported DeFi protocols. Users can still receive dividends in stablecoin form according to the rules, even if they use rToken for lending, liquidity pools, or staking in DeFi scenarios.Pablo Veyrat, CEO and co-founder of Merkl, stated that one major challenge facing DeFi assets is how to identify the actual holders behind each position. Merkl's reward forwarding technology can penetrate multiple layers of nested smart contracts to identify the underlying asset holding relationships, ensuring that dividends are accurately distributed to eligible holders.Gracy Chen, CEO of Bitget, stated that the value of tokenized stocks should not be limited to trading. Even if users invest rToken into DeFi applications, they should still be able to continue receiving eligible dividends. This cooperation with Merkl will jointly solve this problem, allowing tokenized stocks to play a greater role in everyday financial applications.According to a report from DeFiLlama, the cumulative trading volume of rToken reached $1.16 billion from June to July 2026; in July 2026, the number of users trading both crypto assets and rToken increased by 23.54% month-over-month. This cooperation will further promote the extension of rToken from trading scenarios to the DeFi ecosystem, enriching the on-chain application scenarios of tokenized stocks.

According to the "Regulations for the Operations of Non-Security Virtual Assets in Nigeria" published by the Central Bank of Nigeria (CBN) on November 5, 2026, the CBN will regulate non-security virtual assets and stablecoins used for payment, settlement, and exchange purposes, while securities will still fall under the jurisdiction of the Securities and Exchange Commission (SEC).Foreign currency-pegged stablecoins (Class 2) must be issued by locally licensed entities in Nigeria, with a minimum paid-up capital of 15 billion Naira (approximately 11.16 million USD); the minimum for Naira-pegged Class 1 issuers is 10 billion Naira; entities providing other non-security virtual asset services must have at least 1 billion Naira in capital, and those already holding an SEC license cannot double count towards CBN capital requirements.P2P business facilitated by platforms must obtain special approval from the CBN, and before releasing or crediting regulated tokens, the names on the Naira payment accounts must be verified to match the Bank Verification Number (BVN). Categories such as algorithmic stablecoins are prohibited, and the boundaries of responsibilities between CBN and SEC are defined.

According to Axios, U.S. President Trump stated on Thursday that he will soon decide whether to launch a large-scale military operation against Iran after a meeting with his senior national security advisor. With the midterm elections over, the domestic political pressure the White House previously faced has changed, and the issue of Iran has once again become a diplomatic and security topic that the Trump administration needs to make a decision on.Two U.S. officials revealed that this was the first time Trump specifically discussed the issue of Iran with his senior national security advisor since the midterm elections, and the meeting was scheduled during his weekly intelligence briefing.Meanwhile, Russia is pushing to end the Russia-Ukraine conflict through another diplomatic channel. According to Reuters, Trump confirmed on Thursday that he held private talks with Putin's envoy Kirill Dmitriev that day. Trump did not disclose what he specifically discussed with Putin's envoy but stated that an agreement to resolve the Russia-Ukraine conflict could be reached soon.

According to the New York Times, although Trump hinted that he is not in a hurry to resume bombing operations, thousands of U.S. Air Force and Navy personnel are on standby, planning to launch large-scale military operations against Iran.The military forces of the United States and Israel have developed specific plans, with potential targets including Iran's energy infrastructure, nuclear facilities, and missile and drone arsenals.

The Korea Blockchain Industry Association (KBIPA) has officially submitted a proposal for amendments to the regulations related to tokenized securities to the Financial Services Commission of Korea, presenting 9 main modification suggestions and 10 technical correction opinions, along with an additional 6 recommendations for future legislative reference, including: expanding the scope of participants in distributed ledger technology, allowing qualified third-party technology companies to operate verification, consensus, and query nodes, while retaining the rights to record securities information and the responsibility for ledger management within the existing participating institutions.In addition, the Korea Blockchain Industry Association suggests allowing the Bank of Korea and other settlement asset issuance and clearing institutions to participate in node operations within necessary limits, reserving space for the future realization of synchronized delivery of securities and funds (DvP).At the same time, it is necessary to clarify the procedures for changing the operational standards of distributed ledgers. If the existing ledger no longer meets regulatory requirements, tokenized securities should be allowed to migrate to other compliant ledgers rather than being directly converted into ordinary electronic securities.