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11/10
02:15
France has announced a 1.6% increase in the minimum wage, bringing the effective date forward to December 1. French Prime Minister Sébastien Lecornu announced on Monday that the 1.6% minimum wage hike, originally scheduled to take effect in early 2027, will be brought forward to December 1, 2026. This move aims to address ongoing protests triggered by the cost-of-living crisis. Following the adjustment, France's net monthly minimum wage will rise from €1,477.93 to €1,502. Despite this, labor unions still consider the increase insufficient, with the CFDT and CGT unions calling for higher hikes respectively.
01:52
Avalanche’s AVAX token rose as much as 10% after the NYSE selected its blockchain to support settlement on a planned tokenized stock trading platform.
01:47
Formation has filed an application with the U.S. Securities and Exchange Commission (SEC) to launch a tokenized stock platform on Solana in early 2027. The platform will operate under the SEC's "innovation exemption," with the initial batch of planned tokenized stock listings including Exodus, Forward Industries, and Galaxy Digital, which will carry the same voting and dividend rights as real shares.
01:36
Core Scientific and TeraWulf recorded a combined profit of nearly $1.9 billion in the third quarter, driven primarily by non-cash revaluation gains. Both Bitcoin mining companies are transitioning toward AI data center hosting. Specifically, Core Scientific posted a net profit of $1.178 billion (including $1.034 billion in pre-tax non-cash revaluation gains), while TeraWulf recorded a net profit of $710 million (including $728 million in pre-tax non-cash revaluation gains). These revaluation gains stemmed mainly from the remeasurement of options and warrants. In terms of operational results, Core Scientific achieved an operating profit of $72 million, whereas TeraWulf recorded an operating loss of $88 million.
01:34
PNC, the eighth-largest bank in the United States, announced an expanded partnership with Coinbase on November 9 to launch a USDC payment acceptance pilot for its corporate and institutional banking clients. Eligible participants can receive USDC payments and automatically convert them 1:1 into U.S. dollars for deposit into designated PNC bank accounts, with the service powered by Coinbase Payment APIs.
01:28
Luke Dashjr has released nine security concerns regarding the Coldcard hardware random number generator. His tweet cited a code modification from July, and subsequent firmware has added seed error checking and startup tests for the hardware RNG.
01:22
Ecopetrol, Colombia's state-owned oil company, has issued US dollar-denominated bonds for the first time in over two years, becoming the second Colombian firm to tap global markets this month as it restructures debt used to finance the expansion of its operations in Brazil.
01:13
TD Cowen: The probability of the U.S. Congress passing a ban on stablecoin yields is only 10%. Washington analyst Jaret Seiberg pointed out in a policy report on Monday that although the banking sector is making a renewed push to ban crypto platforms from paying yields to stablecoin holders following the Democrats' midterm election victories, the likelihood of Congress passing such a ban over the next two years remains at just 10%. He believes that while community bank lobbying could carve out a narrow path, divisions within the Democratic Party over the stablecoin yield issue—coupled with the political pressure of risking backlash from retail investors—still make it difficult for the bill to ultimately pass.
01:08
US Steel union negotiations enter third month, strike threat rises; the United Steelworkers union stated that its patience is wearing thin as negotiations for a new collective bargaining agreement enter their third month, raising the prospect of a strike at one of the largest US steelmakers.
01:00
France accuses Iran's Islamic Revolutionary Guard Corps of being behind cyberattacks on refrigeration equipment network, has summoned the Iranian ambassador and threatened EU sanctions. French officials accused the Islamic Revolutionary Guard Corps of Iran of being behind cyberattacks that paralyzed commercial refrigerators and freezers across France last month, stating that consequences will be taken against Iran. French Foreign Minister Jean-Noël Barrot stated that the Iranian ambassador has been summoned to the French Ministry for Europe and Foreign Affairs, threatening further EU sanctions against Iran.

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