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U.S. stocks closed higher on Wednesday, with technology shares strengthening, Dell surging, and oil prices stabilizing. U.S. Treasury yields approached 5%, and global stock markets may face a 5%-8% correction. Trump said the strikes on Iran would end soon and that the Strait of Hormuz would be renamed the Trump Strait. The former British prime minister warned that failure to control debt would force emergency spending cuts. The Beige Book said the U.S. economy grew moderately, with AI and data centers serving as key supports. Tron’s USDT supply surpassed Ethereum’s for the first time. Broadcom’s Q3 results exceeded expectations, and its AI revenue guidance was raised. Robinhood Chain generated $3.75 million in daily fees, exceeding the combined total of Solana, ETH, and Base.

ME News reported on Nov. 5 (UTC+8) that Solana fundraising and governance platform MetaDAO tweeted that it had launched the MetaDAO Apps funding program to provide financing for consumer app founders. Compared with conventional fundraising, the program offers smaller funding amounts and allocates a lower percentage of tokens to supporters. Founders can sell tokens they have earned earlier, provided they meet performance milestones and comply with sales restrictions. (Source: Foresight News)

Announced at Hong Kong FinTech Week, Hong Kong will launch interbank tokenized gold trading, with each gold coin representing a 400-ounce gold bar and priced in HAU. Tokenized deposits will be introduced at the same time. Hong Kong also plans to build a blockchain-powered multi-asset tokenization platform, pilot tokenized carbon credits, and in 2027 pilot the inclusion of warehouse receipts from warehouses recognized by the London Metal Exchange.
Hong Kong announced plans to launch an interbank tokenized gold trading project tied to the HKMA's Ensemble initiative, with one token representing a standard 400-ounce gold bar and priced by the Hong Kong Gold Reference Price (HAU), alongside new tokenized-deposit arrangements. The HKEX also aims to build a blockchain-based multi-asset tokenization platform to pilot tokenized carbon credits, and by 2027 to include warehouse receipts stored in Hong Kong and recognized by the London Metal Exchange in the pilot.

ME News, Nov. 5 (UTC+8) — In an interview with the Oxford Union, CZ said the hack could have been prevented, as some internal employees failed to follow basic operational security procedures. The attackers spent around five to six months piecing together the attack chain, using social engineering, interview phishing, and AI to find system vulnerabilities. CZ believes AI will expose more security issues in the short term, but ultimately make systems more secure. He said the industry cannot promise 100% security and must work with AI labs, law enforcement, and security experts to advance a multilayered defense system and address increasingly sophisticated attacks. (Source: ODAILY)

DCS DeCard has become a Mastercard card issuer in Hong Kong and launched DeCard Business Account, a corporate card and spend management solution for mid-to-large enterprises. The single platform helps businesses issue cards and centrally manage employee and operating expenses across travel, advertising, procurement, and other use cases. Payments will initially be made in USD, with expansion to other markets and new features planned for the future.

HSBC, JPMorgan's Kinexys, MUFG, Societe Generale-Forge, and Standard Chartered have established the nonprofit Global Layer One Organisation (GL1 Org) in Singapore to promote the development and adoption of common standards and frameworks for the tokenized finance market, continuing the MAS GL1 initiative to foster interoperability among institutions, infrastructures, and jurisdictions.

Zaif reports its email provider Arara was hacked, exposing about 380k customer email addresses. No other data leaked; system not breached. Email dispatch paused; customers warned about phishing and urged to use authenticator apps for 2FA.
Abstract: Zaif, a Japanese crypto exchange, announced that its email service provider Arara suffered unauthorized external access, leaking about 380,000 customer email addresses. No names, transaction data, or passwords were exposed; Zaif's systems were not breached, and asset security was not confirmed as affected. With Arara suspended, Zaif paused email sending and urged customers to beware phishing emails and to use authenticator apps for two-factor authentication.

Democratic control of Congress sparks tech stock rotation, with chipmakers plunging while autos rally; markets price AI worries and possible tariff-friendly relief for automakers.
Abstract: Following the Democrats' victory in Congress, Asian markets rotated away from tech shares as chipmakers slid on regulatory concerns, while auto manufacturers rose on expectations of tariff relief and a potential shift in U.S. trade policy under Trump. Investors also priced in possible delays to data-center projects due to AI anxieties, prompting defensive positioning in technology shares. A KCM Trade analyst noted continued outflows from the semiconductor sector as evidence of the sector's vulnerability to regulatory headwinds.

ZetaChain proposed a plan to migrate to Solana: ZETA balances will be snapshotted at a designated block height, and the equivalent supply will be minted on Solana before the migration portal opens. Starting on 2026-12-09, users can claim their tokens themselves via ZetaHub, while ZetaChain L1 will shut down at the same time. ZETA on Ethereum will remain unaffected, and the portal and its underlying code will undergo an independent security review, with a report to be published.
Abstract: The ZetaChain community approved a proposal to migrate ZETA to Solana. The plan snapshots all ZETA balances at a published block height, mints an equivalent Solana supply before the migration portal opens, and from December 9, 2026 enables self-claims via ZetaHub, with ZetaChain L1 shut down at the same snapshot. ZETA on Ethereum remains unaffected, and the migration portal and its underlying code will undergo independent security review, with a report to be published later.

ME News reports, Nov. 5 (UTC+8): Bitcoin’s next major protocol upgrade could be a BIP-54 soft fork called “Great Consensus Cleanup,” aimed at fixing four vulnerabilities in the network’s consensus rules: time-warp attacks, “poison” blocks that take a long time to validate, the 64-byte transaction vulnerability in Merkle trees, and replay risks from duplicate coinbase transactions. The proposal was first drafted by developer Matt Corallo in March 2019, officially received a BIP number in April 2025, and its test vectors were merged in late 2025. Testing began on Bitcoin Inquisition Signet in February 2026.

On November 5, South Korean stocks fell broadly: the KOSPI dropped 4.6% to around 5,420, while the KOSDAQ fell more than 4% to around 686, with both slipping below key levels. Semiconductor leaders led the losses, with Samsung Electronics, SK Hynix, and Samsung Electro-Mechanics falling 8–12%. Non-AI-related stocks, such as automakers, were relatively resilient, with Hyundai Motor edging up. Foreign investors were net sellers of about 947.7 billion won during the day, while individuals and institutions stepped in to buy.
Abstract: On November 5, South Korean stocks fell broadly, with the KOSPI around 5,420 and the KOSDAQ near 686, both slipping past key levels. Semiconductors led losses as Samsung Electronics, SK Hynix, and Samsung Electro-Mechanics declined 8–12%; autos were relatively resilient, with Hyundai Motor up about 1%. Foreign investors sold about 9.477 trillion won, while individuals and institutions stepped in to buy.

FERC approved MARA’s acquisition of Long Ridge natural gas-fired generation assets (EC26-92), rejecting the IMM’s objection and imposing no condition requiring continued power supply. The transaction is valued at approximately $1.512 billion for 0.5 GW of capacity, with an EV/EBITDA multiple of about 10.5x; at PJM’s 7x valuation, the core asset would be worth about $1 billion, with a premium of roughly $500 million for land and expansion rights. MARA will assume about $900 million in debt and pay approximately $610 million in cash, which it plans to cover with $600 million in Bitcoin collateral. The outside date is November 30; the expansion, Starwood JV, and 50% equity stake remain pending.
Abstract: FERC approved MARA Holdings’ acquisition of the Long Ridge natural gas-fired generation assets (EC26-92), with IMM objections by BlackRock and Vanguard rejected and no condition tying approval to continued PJM power sales. The deal values the plant at about $1.51 billion for roughly 0.5 GW of capacity, with EV/EBITDA around 10.5x; if PJM’s ~7x valuation is applied, the plant body is about $1.0 billion with roughly $0.5 billion premium for land and expansion rights. MARA will assume about $0.9 billion in debt and pay roughly $610 million in cash, to be covered by $600 million in Bitcoin collateral. The outside date is November 30; expansion via Starwood JV and 50% equity stake remain unclear, with lease signing as a potential next catalyst.

Google's November 2026 security patch fixes more than 200 vulnerabilities. A remote code execution flaw in the Framework, CVE-2026-58868, requires no user interaction and affects Android 14–17. Versions dated November 1 and later include the fixes; versions dated November 5 and later cover all vulnerabilities. You can check the security patch level under Settings → About phone → Android version.
Google's November 2026 patch fixes over 200 vulnerabilities, including a critical remote code execution flaw in the Android Framework (CVE-2026-58868) that requires no user interaction. Affected: Android 14–17; patches from 2026-11-01 and later cover the Framework and System components; full coverage by 11/5. Users can check the security patch level in Settings.

Crédit Mutuel Arkéa disclosed that attackers used its own accounts to move funds to other banks and convert them to crypto off-platform; customer assets were unaffected, most services were restored, and the €118m figure remains unconfirmed.
Abstract: Crédit Mutuel Arkéa announced details of a funds theft linked to converting moved funds into cryptocurrency via a third-party platform, without affecting customer assets. Most services have been restored, some funds have been frozen, and ongoing recovery actions are underway; the €118 million figure has not been confirmed, with the bank stressing its financial resilience.

ME News reports, November 5 (UTC+8): South Korea’s top financial regulator will introduce an IPO cornerstone investor system to curb sharp share price drops after new stocks are listed. The Financial Services Commission (FSC) said that under the new system, which received government approval on Tuesday, institutional investors that commit to a lockup period of at least six months will be allowed to receive share allocations ahead of time.
The rules will take effect on November 13, alongside amendments to the Capital Markets Act. In a statement on Tuesday, the FSC said: “Introducing stable institutional buyers with longer investment horizons before trading prices are set can help boost investor confidence in IPOs and address the so-called ‘IPO pricing’ problem, in which holders rush to sell after shares are listed, causing prices to plunge.” (Jinshi) (Source: ODaily)

CoinShares' James Butterfill says US midterms are largely priced in; Bitcoin could rebound as uncertainty fades, but crypto reform may slow. Crypto equities may be more sensitive than BTC, while compliant operators could gain under tougher scrutiny.

As midterms finalize, 51 senators back crypto (down from 52, Alaska included). Democrats picked up seven GOP-held seats, four of which earned Stand With Crypto’s A rating, signaling crypto becoming a bipartisan issue.
Abstract: Bitwise analyst Camran Khosravi notes that as U.S. midterm results were confirmed, 51 senators were reported to back cryptocurrency, down from 52 including Alaska’s pro-crypto candidates. Democrats gained seven Republican-held Senate seats, four of which earned Stand With Crypto’s A rating, indicating that cryptocurrency is increasingly a cross‑partisan issue.

ME News, Nov. 5 (UTC+8) — According to on-chain analyst Ember, a whale with $148 million worth of crude oil long positions began cutting losses after reaching an unrealized loss of $15.08 million. Over the past 10 minutes, the whale closed CL long positions worth $44.04 million, realizing a loss of $4.9 million. The whale began going long on oil prices about two weeks ago and gradually increased its position to $148 million. Crude oil prices plunged 14% this week, leading to substantial unrealized losses. The whale still holds BRENTOIL worth $94.79 million, with an unrealized loss of $8.35 million. (Source: PANews)

ME News, November 5 (UTC+8) — Fundstrat managing partner Tom Lee said in an interview with CNBC that if everyone starts using tokens, computing power will become scarce and prices will rise, leading to discussions about bottlenecks. He believes many states will welcome the investment. Over time, the AI trade will remain very vibrant. The community does want capital to flow in, but on its own terms. Tom Lee

CLARITY Act expires Jan 2027 without bipartisan Senate support and must be reintroduced. The Digital Chamber predicts a Democratic-led House will push stablecoin reserve requirements, expanded disclosures, AML controls, and AI privacy and risk-management rules.
The CLARITY Act will lapse on January 3, 2027 unless it secures 60 Senate votes, requiring reintroduction by the next Congress. A Democratic-leaning House is expected to prioritize stablecoin reserve requirements, expanded consumer disclosures, and stronger AML controls, while strengthening AI data privacy protections and national security risk management with formal frameworks and transparency for high-risk AI applications.

U.S. Vice President Vance is reportedly seeking to form a “new right” coalition with voters disappointed in Trump before 2028. He holds different views from Trump on issues including foreign policy and U.S.-Israel relations, while the White House is also seeking to maintain consistent messaging after the midterm elections. The four tasks—ending wars, lowering the cost of living, putting America first, and reshaping relations with Israel—are seen as signals to mobilize the new right, intended to show Republicans who support Trump but disagree with him on foreign policy that “Vance is one of them.”
U.S. Vice President Vance is reportedly seeking to form a "new right" coalition before the 2028 cycle by appealing to voters disappointed with Trump. He diverges from Trump on foreign policy and U.S.–Israel ties, while the White House aims for unified messaging after the midterms. Four tasks—end wars, curb costs, put America first, and recalibrate Israel relations—are pitched as a rallying cry for the "new right," signaling to some Trump supporters that Vance is one of them.