Antipodes Partners portfolio manager Vihari Ross called Disney a “genuine value opportunity” amid AI and disruption, according to Bloomberg.

South Korean Finance Minister Lee Hyung-il said Friday that financial regulators would develop measures to ease volatility in the local stock market amid a prolonged sell-off in technology shares. According to Sina Finance, Lee said at an economic meeting that the U.S. midterm elections were an important turning point for the global economy and that the previous night's decline in U.S. stocks, affected by tighter regulation of AI-related sectors, would impact global markets. He said South Korea's economic fundamentals were stronger than ever and pledged to respond actively to external uncertainties. Shortly after the South Korean market opened, the benchmark KOSPI plunged more than 8% amid a sell-off in technology stocks, triggering a circuit breaker that halted trading for 20 minutes.

According to ChainCatcher, Floki said on X that it is investigating an exploit involving its bot services, which have been taken offline while the team works to protect remaining user funds and identify those affected. Affected users will be moved to new secure wallets, and remaining funds will be transferred to them. Floki advised users not to deposit funds into bot wallets until further notice. Users who exported their private keys and still have funds in their wallets should transfer them immediately to wallets they fully control. The team said it will not send users unsolicited direct messages or ask for seed phrases or private keys, and urged users to ignore anyone offering refunds or recovery services.

According to ChainCatcher citing Blockaid, a state root calculation bug in Ethereum execution clients Reth and op-reth affects some EVM blockchains, including multiple OP Stack chains. Unpatched nodes may stall during synchronization or return incorrect state proofs via eth_getProof. The issue is a client correctness defect, not a known attack, and no funds have been reported lost. Reth merged a fix on November 3. Patched versions include reth v2.10.0, op-reth v2.8.1, and Base node-reth v1.5.3. As a precaution, LayerZero paused off-chain infrastructure for some affected chains, delaying—but not losing—cross-chain messages. Some protocols also paused deposits or cross-chain routing. Blockaid advised node operators and RPC providers to upgrade promptly.

According to Jin10, the Nikkei 225 fell 6.72% intraday, dropping below 57,000, while Tokyo Electron and Advantest each fell 13% and SoftBank declined 14%.

According to Jin10, gold rose in Asian morning trading as risk appetite improved. Analysts at Australia and New Zealand Banking Group (ANZ) said in a report that hopes are growing that a Democratic-led U.S. Congress can fight inflation more effectively. The World Gold Council said central banks’ gold reserves increased by a net 321 tonnes in the third quarter. Goldman Sachs maintained a long-term positive view on structurally strong central-bank demand but lowered its year-end 2026 gold price forecast to $4,150 from $4,650, citing the impact on positioning of the Federal Reserve’s more hawkish turn in recent months. Spot gold was up 0.4% at $4,101.80 per ounce.

Following the US midterm elections, the rise of political forces opposing the unchecked expansion of AI, coupled with weaker-than-expected earnings from tech giants and uncertainties surrounding data center construction, led to a historic sell-off in Wall Street's AI trading. The Nasdaq's market capitalization evaporated by approximately $2.5 trillion in a single day.

Atlassian Corp. shares fell about 20% after the Australian software company’s quarterly revenue outlook failed to excite investors concerned about global tech valuations, according to Bloomberg.

Core Scientific expects to exit Bitcoin mining by the end of 2026 as it redirects its operations toward artificial intelligence and high-performance computing infrastructure. According to Cointelegraph, Chief Financial Officer Jim Nygaard said during the company’s Q3 earnings call on Thursday that Core Scientific expects to complete the wind-down in the fourth quarter and enter 2027 as a high-density colocation provider. The company previously disclosed in a July quarterly filing that hosted mining would end by Dec. 31, while it continued reducing its self-mining operations. Nygaard’s remarks set a target for completing the broader exit from Bitcoin mining. The company’s latest quarterly results show mining’s reduced contribution: self-mining revenue was $12.3 million in the third quarter, down from $57.4 million a year earlier, while revenue from hosting other miners fell to $5.2 million from $8.7 million. Combined, Bitcoin mining generated $17.5 million, or 7.5%, of Core Scientific’s $232.9 million in third-quarter revenue. Colocation services accounted for $215.4 million. Nygaard also said the company had nearly 50% fewer miners online at the end of September than at the end of 2025. Core Scientific’s expansion into AI hosting began in 2024, when it signed an initial hosting agreement with CoreWeave in March, followed by a substantially larger deal announced in June. The company initially described AI hosting as an addition to its mining operations, and its June 2024 announcement emphasized retaining Bitcoin mining capacity. By December 2025, The Wall Street Journal reported that Core Scientific was targeting a Bitcoin mining wind-down by 2028. Financial pressures on mining followed: the company recorded $266.5 million in mining-related asset impairments in the first quarter of 2026, citing weaker Bitcoin prices, historically low hashprice and lower secondary-market values for mining equipment. In the second quarter, it ended its mining equipment agreement with Block and Proto and recorded a $41.9 million loss as part of the transition. The planned exit comes amid heightened scrutiny of data-center expansion. Reuters reported Wednesday that opponents of data-center development were among the winners of the Democrats’ sweeping midterm gains. Concerns include electricity bills and the strain large facilities can place on local resources. Core Scientific was contacted for comment.

Jinse Finance launches its daily cryptocurrency and blockchain news bulletin, "Jinse at 8 AM," issue 3234, providing you with the latest and fastest news on the digital currency and blockchain industry.

By integrating the technological and resource advantages of both parties in the fields of artificial intelligence, cybersecurity and industrial applications, we will promote cutting-edge technology research, product innovation and industrial cooperation.

China Resources Longdi Smart Network Security and GCSA jointly established the AI ​​and Network Security Research Center, focusing on AI-based anti-fraud and threat detection.

Revolut's $115 billion valuation is supported by payments, subscriptions, and cross-border distribution, while Nubank earns real profits through consumer credit and local market penetration. Stablecoins are bringing these two paths together.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on AI, DeFi, DAO, NFT, and the metaverse.

GCSA disclosed its ecosystem product matrix: 380 million users, 91.3% success rate in evaluations, and its security capabilities are moving towards comprehensive joint defense.

Of Circle's $865 million in revenue in the third quarter, $182 million came from pre-sale revenue of ARC tokens; excluding this, the reserve interest income from its main business is still shrinking year-on-year.

Blockchain has found product-market fit in prediction markets, perpetual contracts, and stablecoins, but the value is all taken by the platforms that control the users; the chain itself is just a conduit.