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U.S. Ambassador to China David Perdue stated on November 11 that the U.S. and China are advancing the establishment of an AI crisis mechanism. U.S. Treasury Secretary Janet Yellen emphasized on the same day that both sides plan to establish direct communication channels to promptly report significant AI incidents involving national security.This mechanism is similar to an AI emergency hotline. For example, if an AI entity unauthorizedly attacks another country's network, jeopardizing critical infrastructure, or if advanced models show severe signs of losing control, both sides can exchange information in a timely manner to avoid misjudging a technical incident as a deliberate attack. In September of this year, the leaders of the U.S. and China agreed to establish a communication channel for AI incidents.

According to IT Home, Baidu's Wenxin large model has released ERNIE 5.5 Flash Preview, which is the first post-training version based on the previously released Base model. This model has a total of 280 billion parameters, with 14 billion active parameters, and supports 1 million contexts. The official claims it performs excellently in programming, 3D modeling, knowledge work, content creation, and more.ERNIE 5.5 Flash Preview balances intelligence level and inference efficiency, achieving competitive scores in multiple benchmark tests while maintaining a fast decoding speed. The model API has been launched on the Qianfan platform, and the weights will be open-sourced before November 25.Baidu stated that this model is an intermediate version in the post-training process. Although it has achieved competitive performance among models of the same size, there may still be some capability deficiencies due to insufficient training. Post-training is still ongoing and will be optimized in the subsequent official version.

According to official social media news, Huobi HTX will hold a roundtable discussion today at 20:00 on the topic "Tokenization of US Stocks: Is it Restructuring Wall Street or Creating a Second Stock Market?" At that time, crypto KOLs Dalian and Li Qiye will have a dialogue with Michill and primeee, discussing the development prospects, market opportunities, and potential challenges of US stock tokenization.The roundtable will explore whether US stock tokenization can truly break the trading barriers of traditional financial markets, enhance asset liquidity, and how this emerging model will impact the existing market landscape, as well as envisioning a new industry pattern under the accelerated integration of traditional finance and the crypto market.

U.S. Republican Senator Kevin Cramer accepted an interview with POLITICO and publicly called for Jensen Huang to resign as CEO of NVIDIA. He believes that Huang's extramarital affair poses a serious potential blackmail risk, especially considering that NVIDIA holds highly sensitive AI chip technology. Cramer stated, "The risk of being blackmailed is just too great; I think he must go."Cramer is a member of the U.S. Senate Banking Committee, which is reviewing several bills aimed at strengthening export controls on advanced AI chips. He believes that while it is certainly possible for NVIDIA's board to initiate an internal investigation, it is far from enough. Earlier that day, Larry Kudlow, the former director of the White House National Economic Council during Trump's first term, also publicly urged on Fox Business, "Mr. Huang, resign now." He believes this is a reasonable action for Jensen Huang to take at this time.As the controversy escalates, the U.S. Congress is also accelerating its scrutiny of NVIDIA's chip exports. The three bills under consideration by the Senate Banking Committee involve strengthening export approvals for advanced chips, tracking the destination of chips, and restricting the export of certain semiconductor manufacturing equipment. These bills are vying to be included in the annual National Defense Authorization Act and have not yet been fully passed.

The Huawei Kirin 9050 series chips are equipped with a new generation Da Vinci architecture NPU, supporting 30B large models to run on the device side without the need for internet connection or cloud invocation. This NPU has a performance improvement of 140% and a power consumption reduction of 66%, supporting the Transformer engine, ultra-low power perception engine, and CANN heterogeneous computing architecture.The Kirin 9050 series is the first τ chip to adopt "logical folding" technology, with its NPU supporting the industry's first 30B MoE large model on-device, and supporting multi-level storage-computation collaborative optimization and low-bit quantization. Related features include AI screen reading, Xmage Smart Capture 2.0, AI eye movement page turning, and screen-off map 2.0. Xu Songyu, the head of Huawei's semiconductor business wireless terminal chip product management department, previously stated that Huawei aims to achieve a P core frequency breakthrough of 5GHz by 2031.

According to the official announcement from the Runes trading and liquidity platform radFi, the platform will be shut down in phases, with the application scheduled to go offline on February 11, 2027. From now on, activities involving liquidity pools will be restricted, with a limit of 0.01 BTC per transaction for providing liquidity and trading, and a daily total outflow limit of 0.05 BTC. The platform will adjust these limits as necessary.Starting January 11, 2027, Runes trading and LP withdrawals will cease, and only withdrawals from the trading wallet will be supported. After the application goes offline, ndestrategy will operate an independent website for users to withdraw Runes and BTC from their trading wallets.

According to the market information platform Liquid247.xyz, the current price of ETH is $2,070.33. The thickest order book is on Binance perpetual: sell orders amount to $59.0375 million, buy orders amount to $57.2156 million, with sell orders exceeding by $1.8219 million.Coinbase's spot buy orders are thicker than sell orders, but the scale is smaller than that of Binance perpetual. If a large buy or sell order suddenly appears, the exchanges with thinner order books will be affected first, and the price fluctuations will be more pronounced.

According to Cointelegraph, former Ripple Chief Technology Officer David Schwartz stated that he has sold the vast majority of his cryptocurrency holdings due to a lower personal risk tolerance.Schwartz revealed that his cryptocurrency asset holdings have decreased from approximately 26 million XRP, 1,500 BTC, and 40,000 ETH to about 3 million XRP, 1 BTC, and 6 ETH currently.

According to Catcher Predict monitoring, in the market prediction on Polymarket for the event "Counter-Strike: Spirit vs FUT Esports (BO3) - BLAST Rivals Group B", the "Total Rounds on Map 1: Over/Under 21.5" sub-market's "Over" option win rate has experienced significant fluctuations, soaring from 30% an hour ago to the current 47% (a fluctuation of 17%). Please note the impact of related breaking news.

Goldman Sachs stated on Tuesday that after the inflation data in October exceeded expectations, marking the third consecutive month of higher-than-expected inflation, the firm expects the Federal Reserve to raise interest rates by an additional 25 basis points in March 2027.

On November 10, German solar equipment manufacturer SINGULUS TECHNOLOGIES announced that it has signed a contract with SpaceX to provide a complete production line for heterojunction (HJT) solar cells. The first production line order amounts to over 60 million euros and is scheduled for delivery in the first half of 2027. The strategic cooperation between the two parties also plans to expand to multiple production lines, gradually supporting a scale of over 100GW of solar cell production equipment. The related production facilities will be used for SpaceX's satellite manufacturing project located in Bastrop, Texas, USA, to provide high-performance solar cells for its Starmind space AI satellite.Musk subsequently retweeted the SpaceX announcement and added that SpaceX has ordered HJT solar manufacturing equipment with an annual capacity of 100GW from German SINGULUS, stating that this is to enable Starmind to create a "sentient sun," a phrase that echoes its long-term vision of building a space AI computing infrastructure using solar satellites. SINGULUS also disclosed that since establishing strategic cooperation with SpaceX in March 2026, it has provided financial support in March and October, which includes a secured subordinated loan.

In October, the U.S. CPI exceeded expectations. After the data was released, BTC briefly fell to around $73,000, and the market began to bet on a 50 basis point rate hike in December. In response, Cloud, the chief analyst at Huobi HTX, believes that the probability of a 50 basis point hike is low, and a 25 basis point increase remains the baseline scenario. The current decline is more akin to a pricing correction.There are three reasons: The Federal Reserve values the continuity of data, and historically, there are very few cases where a single month's CPI jump has changed the pace of rate hikes; a single month of exceeding expectations is insufficient to overturn the gradual path; the current inflation stickiness mainly stems from the lagged transmission of tariffs and rents, which will naturally diminish, and marginal employment is also weakening. The committee has no reason to impose aggressive tightening at the peak of transmission; the credit spread has widened from 93 basis points to 348 basis points, financial conditions have effectively tightened, and adding another 50 basis points would actively create financial stability risks.In the crypto market, funding rates have turned negative, and the open interest in perpetual contracts has decreased by nearly 20% in a week. The fear and greed index has fallen into the deep fear zone, and the clearing of leverage has been relatively sufficient, limiting the space for further short-term declines. However, an oversold situation does not mean an immediate rebound; confirmation is needed for CPI to fall in the next two months. If inflation exceeds expectations for two consecutive months and a 50 basis point hike is realized, a trend decline will begin, but currently, this scenario seems unlikely.Note: The content of this article does not constitute investment advice, nor does it constitute any offer, solicitation, or recommendation of investment products.

According to a report by the Korean News Agency, the Financial Security Institute (FSI), a financial security agency under the Financial Services Commission of South Korea, was hacked, resulting in the leakage of hundreds of pieces of information, including about 300 personal information records of employees from financial institutions.

Formation Securities plans to launch a Solana stock tokenization trading platform in early 2027.

According to a Dutch prosecution announcement, the prosecution is seeking a 6-month prison sentence for a former investigator of the Royal Netherlands Marechaussee (KMar), accusing him of illegally accessing police systems using his official authority to steal cryptocurrency worth over 6,000 euros from a traveler.

The new version of the "Supported Regional Policy" from the artificial intelligence company Anthropic will take effect on November 12. The new document specifies three categories of prohibited use of Claude, covering individuals, businesses, and users utilizing the model through overseas companies and third-party cloud platforms. As long as a person is in a non-supported region, they cannot use Claude; Americans using it during business trips in mainland China also violate the regulations. Even if a company is registered in the United States, if it is directly or indirectly controlled by individuals or businesses from non-supported regions, employees are similarly restricted, and it is not only those holding more than 50% of shares that will trigger this.The policy covers Claude.ai, Claude Code, Cowork, the official API, as well as Claude models provided by cloud platforms and authorized distributors. Calling the model through cloud platforms like AWS Bedrock does not mean that regional usage restrictions can be bypassed.As early as September 2025, Anthropic had already prohibited overseas companies controlled by businesses from non-supported regions like China from using Claude. This time, the policy clarifies the locations of individuals, the registration locations of businesses, and control relationships more explicitly. The official disclosure indicates that in the first half of 2026, a total of 11.4 million accounts were banned, with 398,000 appeals received, of which 42,000 successfully overturned the original decisions. The data covers various types of violations, not all of which involve regional restrictions. The system will identify risk signals from non-supported regions, unauthorized resale of Claude, and other issues, requiring relevant users to verify their identity; failure to verify will result in account suspension.

On Sunday, the NVIDIA board announced an investigation and issued a statement on November 10 at 11 AM Eastern Time, confirming the hiring of former Acting U.S. Attorney for the Southern District of New York Joon H. Kim and his law firm Wachtell, Lipton, Rosen & Katz to conduct a comprehensive and independent investigation into matters related to CEO Jensen Huang. The board also stated that there is currently no reason to believe that the company's confidential information has been compromised, and Jensen Huang has expressed support for the investigation and committed to cooperating.Public information shows that Joon H. Kim served as the Acting U.S. Attorney for the Southern District of New York from 2017 to 2018, overseeing more than 220 assistant U.S. attorneys, with cases covering economic espionage, theft of trade secrets, sanctions violations, and cybercrime. In March 2021, he was appointed by New York Attorney General Letitia James to independently investigate the sexual harassment allegations against then-Governor Andrew Cuomo, and shortly after the investigation report was released, Cuomo resigned in August 2021. In December 2023, he was again appointed by the special review committee of the Board of the Federal Deposit Insurance Corporation to independently investigate allegations of harassment and discrimination within the agency.

The Nikkei 225 index rose for the third consecutive trading day, as related data and corporate earnings reignited optimism in the artificial intelligence sector. A Reuters survey showed that Japan's manufacturing confidence index rose to its highest level in over five years in November.Despite U.S. stocks closing lower, AI cloud computing company CoreWeave expects to achieve profitability in the first half of 2028. Nomura Securities strategist Akihiro Akiyama stated that investors are focused on Nvidia's earnings report next week, and if it performs strongly, it may drive up the stock prices of Japanese AI-related companies.

Brian Hong announced that he has joined the social trading application fomo, responsible for the Asia-Pacific region. Brian Hong previously publicly identified as the head of growth for consumer blockchain Abstract in the Asia-Pacific region. He stated that many high-quality trading ideas around the world have never left the language in which they were originally written; traders in Seoul and New York can focus on the same asset for months but do not have access to each other's work. Both parties see the same prices, but the ideas behind the trades remain trapped in circles separated by language, local communities, and existing information flows.He wrote that for nearly a decade, he has been connecting products, services, and information between the East and West. Products are now easier to cross borders, but ideas are not; he feels this most acutely in the market, where some ideas with significant upside potential remain confined to a single language and community. He stated that fomo is the first product that makes him feel this situation can change, as it does not require consideration of chains or cross-chain bridges; it faces a single market where information flow shows what people are actually buying. A trade does not need translation; ideas from Seoul can reach New York on their own, with attribution remaining with the originator.Brian Hong expressed that this feeling has not faded, and he agrees with fomo's direction and development team, and will help grow a product he already uses daily. He referred to the Asia-Pacific as the most important region for this matter, but the Asia-Pacific is not a single location; the languages, cultures, and platforms differ. Most of what happens here exists in communities that are not visible to the outside world. Introducing users is only part of the work; a larger part is putting ideas that the world has yet to see onto the same map. He has opened private messages to traders, large players, creators, and chain builders in the region.