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Meritz Securities, a South Korean securities company, pointed out that the orders received by storage chip manufacturers for 2027 to 2028 far exceed their production capacity. Even if the Democratic Party in the United States gains an advantage in the midterm elections, leading to delays or adjustments in some data center projects, it is unlikely to fundamentally change the supply shortage of storage chips.Meritz stated that the order delivery rate for storage chips this year (the ratio of available production capacity to order volume) has remained at a low level of 80% to 85%, driving a significant increase in storage chip prices. It is expected that the supply-demand gap will further widen in 2027, and the order delivery rate may drop to around 80%. During a recent visit to South Korea, OpenAI CEO Sam Altman requested SK hynix and Samsung Electronics to provide customized storage products such as HBM for 2027 to 2030, with demand exceeding the available production capacity of both companies.Community user Teng Yan added that Samsung stated during a conference call with Meritz on October 29 that 10 large customers have signed multi-year storage supply agreements, and an equal number of customers are in negotiations. The demand for storage customers has also expanded from cloud service giants and AI server manufacturers to more fields. Therefore, the slowdown in U.S. data center approvals will only affect some orders and is unlikely to change the overall tight supply-demand situation.

The traditional inventory financing platform Settle has reached a forward loan purchase agreement with the crypto lending platform 3Jane, with an initial amount of 50 million USD, which can be expanded to 100 million USD.3Jane has purchased 18 million USD of existing loans from Settle and will continue to purchase eligible new loans. 3Jane stated that it will use stablecoin liquidity to finance these loans.

According to the market intelligence platform Liquid247.xyz, Binance perpetual ETH has approximately 2,648.86 buy orders at the price level of $2,410.00, with a nominal value of about $6.3838 million, retracting about 0.40% from the mid-price of approximately $2,419.59 at that time.In the same market, the total near-term buy orders for Binance perpetual ETH amount to approximately $64.9356 million, while sell orders are about $56.1554 million, resulting in a net buy of approximately $8.7802 million, accounting for 7.25% of the total depth.

According to CoinDesk, Zcash holders need to transfer approximately 16 million dollars from the oldest privacy pool Sprout before the NU7 network upgrade. This upgrade is expected to activate around 10:30 AM Beijing time on November 6 (Friday) (9:30 PM Eastern Time on Thursday), at which point these tokens will be unusable even if valid private keys are held.As of Thursday morning, there were still about 12,226 ZEC in the Sprout pool, valued at approximately 16 million dollars based on a price of 1,300 dollars per coin. NU7 plans to activate at block 3543405, which will reject version 4 transactions, the only transaction format that can spend Sprout tokens. ZIP 2003 retains the possibility of restoring access through future upgrades but warns that the withdrawal feature may never be re-enabled. NU7 will also reduce the target block time from 75 seconds to 25 seconds.

The state of Arkansas in the United States has filed a lawsuit against the prediction market platform Kalshi, demanding that it cease the alleged illegal gambling activities. The state seeks compensation, recovery of unpaid taxes, and civil penalties in the lawsuit.Meanwhile, Kalshi continues to advance its federal appeal regarding the enforcement issues of gambling laws in various states.

According to CoinDesk, the XRP Ledger activated a fix named fixCleanup3_4_0 at 22:52 Beijing time on November 4. This fix addressed a vulnerability: certain accounts that were originally only authorized to "burn" tokens issued by the issuer could, under specific conditions, also create new tokens. This vulnerability affected the network's permissioned delegation system, for example, stablecoin issuers could authorize payment processors to burn tokens when customers redeem them, but did not grant them the authority to create new tokens; under the old rules, accounts with limited burn permissions could mint tokens simultaneously.The vulnerability affected assets issued on the XRP Ledger, including stablecoins, but did not impact XRP itself, and there are currently no publicly confirmed exploitation cases. This fix also included accounting corrections for the planned lending system and Single Asset Vaults, as well as corrections related to automatic trading pool token recovery, permissioned transactions, and transaction signatures. The activation was completed after two consecutive weeks of support following an interruption in validator support in October.

According to DefiLlama data, the top three platforms by global perpetual contract open interest are Binance ($31.305 billion), OKX ($7.177 billion), and Gate ($6.575 billion).

According to market data from RootData, the South Korean KOSPI index fell by 5.6%, triggering the sell-side mechanism for both KOSPI and KOSDAQ. SK Hynix's stock price decline expanded to 10%.

According to Coinglass data, the cryptocurrency Fear and Greed Index is currently at 51, up 16 points from yesterday. The average over the past 7 days is 35, and the average over the past 30 days is 52.

According to Coinglass data, if BTC falls below $76,461, the cumulative long liquidation intensity on major CEXs will reach $2.485 billion. Conversely, if BTC breaks above $84,429, the cumulative short liquidation intensity on major CEXs will reach $1.18 billion.

Liquid Capital founder Yi Lihua stated that Bitcoin has currently broken through 80,300 USD and stabilized above the 20-day moving average. The next step requires a strong breakthrough of 82,600 USD to hope for the arrival of the second wave of the main upward trend, and to challenge the strong resistance level of 86,000 USD again. If it breaks through 86,000 USD, the subsequent target levels will look towards 97,000 USD and 104,000 USD.Yi Lihua mentioned that the pullback near 86,000 USD was a normal adjustment within the bullish trend, so even when anticipating a pullback, he would not choose to short, as the market could rebound quickly at any time. He also stated that he began to buy the dip when Bitcoin was close to 77,000 USD, but due to external factors affecting trade execution, he missed part of the rebound.

Crypto journalist Eleanor Terrett posted on the X platform that three more issuers have joined the opposition against the tokenization of their stocks on OKXICE, namely the artificial intelligence cloud infrastructure company Nebius, Boeing, and the enterprise software company ServiceNow.The number of companies submitting objections has increased from 59 on November 3 to 62. Among them, Boeing and ServiceNow were on the initial list for OKXICE, while Nebius was not. Currently, out of the initially proposed 62 companies, 54 have raised objections.

On November 4th, WEEX Exchange launched the "Shopping Carnival・100% Prize------Crack the Egg to Win iPhone 18 Pro Max" welfare event. Users can obtain a chance to crack the egg by reaching a contract trading volume of 1,000 USDT. The larger the trading volume, the more chances accumulate, and reaching a certain number of times can trigger a guaranteed big prize mechanism. Event duration: 11/4 00:00 - 11/25 23:59 (UTC+8).Users can unlock egg-cracking opportunities by completing daily contract trading volume ladder tasks and accumulating contract trading volume to reach ladder tiers. During the event, an individual can obtain up to 219 chances through daily tasks and cumulative tasks. In addition, inviting friends to participate and complete designated tasks allows both the inviter and the invitee to receive egg-cracking opportunities simultaneously. The event prize pool includes: iPhone 18 Pro Max (1TB), PlayStation 5 Pro (1TB), DJI Osmo 360 II, AirPods 5, 100 USDT, etc.

According to LatePost, Yang Tianzhen, the founder of Yixin Entertainment, and Jiang Shanshan, the former head of Alibaba's Frontier Technology Investment, jointly established a venture capital firm, Helios Venture, focusing on cutting-edge technologies such as AI, embodied intelligence, nuclear fusion, and brain-computer interfaces. The two have clear divisions of labor, with Jiang Shanshan responsible for investments and Yang Tianzhen handling investor relations, content, and brand building.Jiang Shanshan previously served as the Managing Director of Alibaba's Strategic Investment Department. In the past three years, she led investments in over a dozen cutting-edge technology projects at Alibaba, with a total investment amount exceeding 10 billion RMB, including projects like The Dark Side of the Moon, the robotics company Sharpa, and the nuclear fusion company Nova Fusion. In August of this year, she left Alibaba and began preparing her own fund. Their collaboration originated from Jiang Shanshan seeking advice from Yang Tianzhen on how to establish influence for the new fund, leading Yang Tianzhen to propose a joint venture.Jiang Shanshan believes that after leaving Alibaba, the new fund must establish its own brand to compete with top institutions for quality startup projects. Yang Tianzhen will leverage her experience in talent management and content marketing to connect with entrepreneurs and provide support for brand communication and founder image management for the invested companies. The two also plan to jointly produce a technology podcast aimed at the general public. Jiang Shanshan summarizes their collaboration logic as investment capability being 1, with content being the subsequent 0. In terms of investment strategy, she prefers selective heavy investments and mentioned that she had reviewed hundreds of AI application companies without making any investments, believing that consumer-facing AI productivity tools and entertainment applications will likely be dominated by large companies or model companies in the future, while there may be more independent entrepreneurial opportunities in complex fields like enterprise-level AI agent infrastructure.

According to Tech in Asia, Visa announced the establishment of six global capability centers at its new Solutions Center in Bayfront Oasis, Singapore, gathering over 1,500 professionals.These centers will focus on applying AI to agency-based commerce, digital currencies, stablecoins, programmable payments, wallets, alternative payment methods, cybersecurity, and quantum computing. Visa also stated plans to expand research, engineering, and innovation positions, with partners including DBS Bank, Nium, and StraitsX.The Singapore Economic Development Board stated that Visa's investment will create high-value job opportunities for Singaporeans. In addition, Visa has launched USDC settlement in the United States and stated that stablecoins can support faster cross-border payments and programmable currency.

According to token unlocking data from the crypto asset data platform RootData, Rain (RAIN) will unlock approximately 3,625,682 tokens at 11:00 AM Beijing time on November 12, with a value of about 217 million USD.

According to token unlock data from the crypto asset data platform RootData, Aptos (APT) will unlock approximately 4.17 million tokens at 8:00 AM Beijing time on November 12, worth about 2.68 million USD.

According to DefiLlama data, Gate has seen a net inflow of approximately 194 million USD in the past 24 hours, ranking first among global centralized exchanges.