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11/6
10:14
Wallerhedge funds posted their highest unwinding rate in a decade last month while implementing steep layoffs. The stock sell-off last month dealt a heavy blow to hedge funds, forcing them to unwind positions and cut staff at the fastest pace in years, with funds across sectors including artificial intelligence, healthcare stocks, and high-risk corporate debt all taking a hit.
10:13
Optimism's new proposal plans to reduce the Security Council's upgrade control over independent chains, allowing eligible chains to transfer control without needing governance votes.
10:04
Former JPMorgan Chase wealth advisors Phil Scott and Jim Atwood are facing a market test after striking out on their own following a refusal to trim AI stockholdings. The pair left JPMorgan Chase last month to launch an independent firm after the bank deemed their clients' stock portfolios to have an excessively high concentration of high-flying artificial intelligence stocks—such as NVIDIA, Broadcom, and Dell Technologies, with some clients holding positions approaching 20% in a single stock—and demanded diversification, a request the two advisors rejected.
09:50
South Korea's Financial Services Commission (FSC) and the Korea Exchange (KRX) unveiled the key directions for updated corporate governance disclosure guidelines on November 6, aimed at strengthening the protection of minority shareholders and encouraging listed companies to implement more active dividend and return policies.

The revised guidelines cover several key areas:
- To prevent listed companies from circumventing Commercial Act regulations on cumulative voting by adjusting board size, companies are now required to disclose the reasons and impacts of such changes.
- Information disclosure regarding dual listings and paid-in capital increases that could dilute shareholder value is strengthened, mandating the disclosure of shareholder protection measures and communication details.
- Listed companies are encouraged to submit their business reports two weeks prior to the annual general meeting.
- Information disclosure regarding dividend and treasury stock policies is expanded, requiring the disclosure of three-year treasury stock changes and dividend information.

The new guidelines will fully take effect starting from the 2027 reporting year.
09:40
Copper prices fell to their lowest level since July as the US midterm elections shook AI and tariff trades. Bloomberg Markets reported that political shifts in Washington threaten two major bullish drivers: the rapid buildout of AI infrastructure and expectations of US import tariffs on the metal.
09:31
Bitcoin developers have proposed introducing a "landmine" mechanism designed to make quantum thieves lose their own Bitcoin assets instead. According to the proposal, anyone attempting to move vulnerable Bitcoin must deposit an equivalent amount of collateral, thereby giving prepared asset owners the opportunity to claim the assets of both parties.
09:03
US Representative Yassamin Ansari posted on X condemning US President Donald Trump's remarks about potential further attacks on Iran, calling his threat to destroy a country of 90 million people a "crime against humanity." She called on Democrats to take urgent action after retaking the House and Senate in Congress to end Trump's "reckless war." Previously, Trump stated that he leans toward not destroying the rest of Iran, but also warned that he might have to do so, adding that "we'll find out soon."
08:52
Japanese Prime Minister Sanae Takaichi stated that Japan is closely monitoring global market fluctuations following the U.S. midterm elections. She pointed out that the sharp decline in artificial intelligence and semiconductor stocks is impacting the global economy, and pledged to strengthen Japan's economy by supporting industries with competitive advantages.
08:50
Gate has announced that its Proof of Security cold asset coverage ratio has reached 104.58%, though the use of different snapshot dates has sparked concerns. The proportion of its cold storage assets (88.26%) and user assets (84.39%) are based on snapshot data from different times, failing to reflect price fluctuations and capital flows during the intervening period. Independent third-party verification is still ongoing.
08:42
According to a report by Yemen's official state news agency Saba, Colonel Majed Abdullah Al-Nazili, a spokesperson for the armed forces loyal to Yemen’s internationally recognized government, stated that since the government launched Operation "Yemen Dawn" on October 5—aimed at retaking the capital Sana'a and other areas controlled by the Houthi movement—nearly 1,300 strikes have been carried out. These operations have "neutralized" 440 Houthi fighters and destroyed or disabled 132 vehicles, armored units, and heavy weapons.
08:41
The Turkish Parliament officially approved the Joint Makkah Defense Agreement signed with Saudi Arabia and Pakistan, with 279 votes in favor and 119 against. The agreement consists of 16 articles, with its core Article 2 stipulating that member states will provide collective defense assistance in the event of an armed attack, operating under a mechanism similar to NATO's Article 5. Valid for 10 years, the agreement aims to enhance defense industry cooperation and strategic deterrence.
08:34
CNBC host Jim Cramer said that the sharp sell-off in artificial intelligence stocks may continue, but he urged investors not to panic. During Thursday's intraday trading in U.S. markets, Micron plummeted 17%, GE Vernova dropped 7%, and SanDisk slumped 22%. Cramer pointed out that the current correction in the AI sector is an orderly pullback, with the vast majority of companies boasting substantial earnings—fundamentally different from the speculative enterprises lacking fundamentals during the 2000 dot-com bust. He also warned that the core risk lies in potential regulatory delays for some small and mid-sized cloud providers undertaking projects via debt financing, advising investors to maintain adequate cash reserves.

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