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According to Gate market data, the panic index VIX fell by 15%, dropping below 24 points.

According to Gate market data, Tesla (TSLA.O) has increased by 5%.

According to the South China Morning Post, the Nasdaq-listed Solana Company plans to expand its business presence in Hong Kong, increasing its local team from currently fewer than 10 people to up to 30, and establishing Hong Kong as its new headquarters for the Asia-Pacific region.The company's Chairman and CEO Joseph Chee stated that the tokenization business of large financial institutions in Hong Kong is still in its early stages, whereas the U.S. market is developing more rapidly. The company expects to evaluate the progress of the Hong Kong market in about six months, and if there are still no large tokenization service providers at that time, it will consider forming its own team to provide relevant services to local banks.Last month, Solana Company was listed by the Hong Kong SAR government as a key enterprise for introduction, with its business positioning covering digital asset infrastructure and services.

According to market news, the Democratic Party in the United States will target Apple, Meta Platforms, and companies owned by Elon Musk in their investigations.Previously, multiple media outlets reported that after winning control of both the House and Senate, the Democratic Party is preparing to use congressional oversight to investigate the business dealings of the Trump family, government officials, and large corporations, with potential targets including Musk. Bloomberg previously reported that Amazon, Apple, Comcast, Meta, Microsoft, and NVIDIA have received inquiry letters from Democratic lawmakers regarding their donations to Trump's gala before the midterm elections.

As Bitcoin mining companies accelerate their shift to AI data center businesses, construction cost overruns and risk allocation have become the focus of market attention. In the latest earnings season, Cipher disclosed that, according to the revised leasing arrangements, the company will bear the first cost overrun of $359.3 million beyond the original budget for the Barber Lake project.Riot expects that about 70% of its Rockdale project budget will be included in a Guaranteed Maximum Price (GMP) contract to control cost risks. Core Scientific stated that tariffs have increased the costs of some equipment and materials. In addition, Riot pointed out that lenders are more strictly reviewing tenant credit status, power supply facility energization, and project delivery records.

According to a report by the Korean News Agency, the Financial Supervisory Service's electronic disclosure system shows that Lee Jae-young, the representative director and head of the DX division of Samsung Electronics, purchased 3,000 shares of the company's common stock on November 6, at an average transaction price of 210,000 Korean won per share, totaling approximately 630 million Korean won. After the increase, his shareholding rose from 124,280 shares to 127,280 shares.The report states that this move comes at a time when Samsung Electronics' stock price has recently fallen significantly following the U.S. midterm elections, interpreted as a demonstration of a commitment to responsible management. Lee Jae-young previously purchased about 3,045 shares at 230,000 Korean won per share at the end of July. On the same day, Samsung Electronics' stock fell by 6.35%, closing at 188,700 Korean won.

The Deputy Secretary for Financial Services and the Treasury, Chen Haolian, stated at the Legislative Council's Financial Affairs Committee meeting that Hong Kong will further optimize the preferential tax system for funds, single family offices, and associated rights, including expanding the scope of the tax exemption system to cover large-scale single investor funds and include more eligible investments, such as loans and private debt investments, digital assets, precious metals, and more.Once the relevant amendment bill is passed, the measures can be implemented starting from the 2025/26 tax year. Chen Haolian also mentioned that Hong Kong's central clearing and settlement system for gold will officially be launched in the first quarter of next year, providing efficient and reliable clearing services for internationally standardized over-the-counter gold trading.

On November 6, the Japanese stock market saw active performance from certain individual stocks, with technology, consumer, and electronic components sectors leading the gains. According to the Gate platform's Japanese stock market data, the top three gainers are: Data Section (3905) up 8.86%, currently at $10.19; Japan Tobacco Inc. (2914) up 5.44%, currently at $49.10; and Sun Electronic (6976) up 3.49%, currently at $42.92.Gate's stock trading services have covered five major markets: US stocks, Hong Kong stocks, Korean stocks, Japanese stocks, and Taiwanese stocks, supporting over 10,000 US stocks and ETFs, more than 1,500 Hong Kong stocks, over 1,000 Korean stocks, about 300 Japanese stocks, and 19 Taiwanese stocks, totaling coverage of more than 12,800 stocks and ETF assets worldwide. Gate allows users to participate in global stock trading using USDT in a one-stop manner and offers fractional trading starting from a minimum of 0.01 shares along with corresponding stock dividend rights. The platform also supports cross-brokerage transfer of US and Hong Kong stocks and accommodates corporate actions such as stock splits and consolidations, further optimizing the stock investment service experience.

According to China Blue News, on November 6, at the 2026 World Internet Conference in Wuzhen, Sohu founder, chairman of the board, and CEO Zhang Chaoyang admitted that he "missed the mobile internet." In the face of major companies heavily investing in large models, he explained that the outside world perceives Sohu's attitude towards AI as "calm," but "it is actually a conscious choice," because "large models require resource competition, which we cannot afford."When discussing algorithms and social interaction, Zhang Chaoyang stated that he does not oppose algorithms, but in product design, he chose not to pursue algorithmic recommendations, believing that some users would prefer to obtain information through real human social interactions. Regarding the short drama sector, he judged that the popularity of short dramas in China has not been replicated in the U.S. market, where American users still prefer long dramas and movies, saying, "The phenomenon of short dramas may be fleeting, or it may be a part of the future." He revealed that he does not watch short dramas, let alone AI short dramas.

According to market news, Palo Alto Networks is negotiating to acquire the AI agent security startup Clutch for $500 million in cash and additional milestone payments.

The U.S. Commodity Futures Trading Commission (CFTC) Clearing and Risk Division issued a no-action letter clarifying whether derivatives clearing organizations can use trust companies for the daily settlement of clearing members.The letter states that derivatives clearing organizations may consider trust companies as settlement banks that meet applicable CFTC requirements, allowing them to use these for daily settlements.

Japanese actress Aoi Sora posted on social media that there have been some situations at work, but she cannot disclose the specifics at the moment. She is taking this opportunity to start self-studying knowledge related to Bitcoin and cryptocurrencies.Aoi Sora stated that she is completely unfamiliar with the current developments in the industry and hopes that friends who are familiar with the relevant fields can provide more introductions and guidance.

According to a post by Alon (@a1lon9), co-founder of Pumpfun, the development company behind Pumpfun, Baton Corporation, is hiring for three business development (BD) positions: perpetual contract BD, prediction market BD, and trading terminal BD.Alon stated that to expand the social network of the Pumpfun application, it is necessary to attract excellent traders from various markets, including on-chain speculative trading, perpetual contracts, and prediction markets. Applicants must have at least 2 years of experience leading BD at a crypto platform and have significant business results. The positions are preferred to be based in New York, but exceptionally qualified candidates may be considered for remote work.

According to Singapore's Lianhe Zaobao, in response to the recent incident where approximately $6.3 billion in assets were stolen from Binance, the Monetary Authority of Singapore reiterated that the general public is not suitable for engaging in cryptocurrency trading. Consumers must exercise caution when trading and should not transact with unregulated companies.The Monetary Authority pointed out that Binance is not authorized to provide regulated financial services in Singapore and was placed on the investor alert list as early as September 2021. Although its local platform Binance.sg ceased operations in 2022, it could not prevent Singapore investors from using Binance.com. A spokesperson for the Monetary Authority stated that licensed digital payment token service providers must establish strict control mechanisms to effectively manage technological and network risks and protect customer assets. However, even with a license, regulatory measures cannot completely prevent consumers from incurring losses due to the inherently high risks associated with cryptocurrencies.

According to on-chain analyst Yu Jin's monitoring, the circular loan giant whale 0xc79b panic sold 288.1 cbBTC (worth $22.35 million) for $77,592 after being stolen on Binance, and then BTC rebounded to $81,200.During last night's decline, it repurchased 203.6 cbBTC (worth $15.85 million) for $77,804, with the purchase price still slightly higher than the previous panic selling price.

The video generation foundational model company Sand.ai has completed a $200 million Series A+ financing round, bringing the total financing to $300 million over 10 months. This round of financing was co-led by Cornerstone Capital and Wangsu Science & Technology, with participation from Times Capital, Panlin Capital, Dongzheng Capital, and others.Tianchuang Capital, along with Shandong Iron Investment and Shandong Railway Fund, strategically participated, while Pudong Venture Capital, Shanghai Guofang, and other state-owned institutions from Shanghai joined in, with existing shareholders such as Jingwei Venture Capital, Huaye Tiancheng, and Zhongke Chuangxing continuing to increase their investments.

Galaxy Digital, a cryptocurrency financial services company, CEO Mike Novogratz stated that there is a significant disconnect between GLXY's current stock price and the company's assessed value. Therefore, starting today, he will buy more shares and claims to make a substantial bet on the company.He acknowledged that the blue wave brought by the Democratic victory in the United States has put pressure on companies like Galaxy, but politics should not be confused with long-term fundamentals. He believes that the migration of finance to on-chain and the explosion of AI demand represent a generational shift that transcends government changes and market cycles.Novogratz also mentioned that Galaxy has delivered the first phase of the Helios project in Texas as planned, with an 800-megawatt capacity leased through long-term contracts. The company will continue to collaborate with local legislators, communities, and the new government.