An unnamed holder is auctioning about $500 million of data-center loans in one batch after AI stocks crashed. The roughly dozen-loan portfolio includes debt tied to Vantage Data Centers and CyrusOne, Bloomberg reported, according to BeInCrypto. A $25 million slice backs Project Jupiter, part of Stargate, the AI venture of OpenAI, Oracle and SoftBank; bids are due November 19, ahead of a December 7 state air-permit hearing. High-risk bonds tied to CoreWeave and Galaxy Digital also fell, while Oracle said Project Jupiter remains on schedule.

According to CNBC, U.S. stock futures fell Thursday evening after the Nasdaq Composite dropped 5.5% and closed more than 10% below its recent high, putting it in correction territory. S&P 500 and Nasdaq-100 futures each declined 0.4%, while Dow futures lost 201 points, or 0.4%. In Thursday’s regular session, the S&P 500 fell 4.4% and the Dow dropped more than 1,800 points, or 3.4%. Investors awaited Friday’s October payrolls report; the Dow Jones consensus estimate called for 59,000 jobs added last month and an unemployment rate of 4.2%.

U.S. President Donald Trump said he met Russian President’s special envoy Kirill Dmitriev at the White House and had not met with Ukrainian representatives. According to Sina Finance, Trump told reporters in the Oval Office on Thursday that he expected a “big deal” involving “more than just Ukraine” and that it could “possibly involve all of Europe,” but offered no details. Trump had promised to end the Russia-Ukraine conflict on his first day in office. The conflict has now entered its fifth year, and fighting continues despite repeated efforts by Trump and his representatives to broker an agreement. On Thursday, November 5, Dmitriev and U.S. First Lady Melania Trump were at the White House. Earlier that day, Melania hosted Russian and Ukrainian representatives at a ceremony commemorating a brief, localized ceasefire in Ukraine. Dmitriev was part of the Russian delegation. The Trump administration has stepped up efforts to end the war in recent weeks, with U.S. envoy Jared Kushner and Witkoff leading the discussions. Kushner wrote on social media that the United States held “productive and substantive discussions” with Ukraine, NATO and its European partners in Brussels earlier Thursday. He said the talks covered security guarantees for Ukraine and a broader European security architecture. “Our goal is to address everyone’s security concerns and reduce the risk of future conflict through practical arrangements agreed by all sides,” he added. The Brussels talks preceded two days of U.S.-led discussions next week in Abu Dhabi involving Ukrainian and Russian delegations. Trump views Ukrainian President Volodymyr Zelenskyy as the biggest obstacle to peace and has pushed Ukraine to make concessions that Kyiv considers unacceptable. Providing security guarantees and ensuring Russia does not attack Ukraine again after a peace agreement is reached have remained major sticking points in negotiations.

Investors are reassessing the financial burden on hyperscalers, including their use of credit and equity financing, and whether returns on investment justify the cost of capital, Liz Ann Sonders, chief investment strategist at Charles Schwab, said on Bloomberg The Close, according to Bloomberg.

The cost of hedging against the S&P 500’s biggest plunge in more than a year surged on Thursday as traders sought protection from further swings, according to Bloomberg.

The White House plans to nominate Rebekah Goshorn Jurata as assistant secretary for financial institutions at the US Treasury, according to Bloomberg, citing people familiar with the matter. Luke Pettit left the role in October.

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.

The CFTC has approved perpetual contracts for a single stock for the first time, and Wall Street is beginning to learn from the crypto market. The boundaries between US stock market TradeFi and Crypto are disappearing.

Binance suspended withdrawals for about 56 hours, and trading volume shifted to platforms such as OKX, but funds did not migrate on a large scale simultaneously.