Three defendants in a cross-border investment fraud case were sentenced to between 33 and 54 months in prison, with two other defendants previously jailed for three years. According to Sina Finance, citing RyanbenCapital, Hong Kong’s Independent Commission Against Corruption found that bank employees helped an illegal group issue false bank documents to defraud Japanese investors who invested more than 400 million yen in purported African projects. The false documents claimed that company accounts held more than HKD 37 billion in assets and that Standard Chartered Bank (Hong Kong) had guaranteed acceptance bills totaling about HKD 450 million. Leung Ho-yin, a former Standard Chartered relationship manager, was sentenced to 45 months; self-employed financial consultant Law Man-fai received 33 months; and ADF Capital Limited manager Catherine Kum Kit-ching was sentenced to 54 months. Kum was convicted of conspiracy to launder criminal proceeds, while Leung and Law had pleaded guilty to conspiracy to defraud. Two other former Standard Chartered relationship managers, Woo Man-ho and Chan Tak-ching, had earlier been sentenced to three years after pleading guilty to conspiracy to defraud. The court described the case as a serious, complex fraud involving overseas investors and cross-border investments, and said it affected Hong Kong’s reputation as an international financial center. The ICAC is also seeking three other people in connection with the case.

If geopolitical risks ease, interest rate expectations improve, and risk appetite gradually recovers, the crypto market may also have the opportunity to gain new support.

According to Jin10, forecasts for the U.S. October seasonally adjusted CPI monthly rate were 0.2% from Citigroup, Deutsche Bank, Fifth Third Bank, Goldman Sachs, HSBC Holdings, High Frequency Economics, Lloyds Bank, Morgan Stanley, Pantheon Macroeconomics and Sumitomo Mitsui; 0.3% from ABN AMRO, Australia and New Zealand Banking Group (ANZ), Montreal, BNP Paribas, Bank of Nova Scotia, UBS, Capital Economics, Commerzbank, Danske Bank, JPMorgan Chase, ING Group, Mizuho Securities, Monex Europe, Wells Fargo, Société Générale, Standard Chartered, Stifel and TD Securities; 0.4% from Skandinaviska Enskilda Banken, U.S. Bancorp and Westpac Banking Corporation; and 0.5% from Sparta Capital. The previous reading was 0.6%, and the expected value was 0.3%.

According to Jin10, with consumer and business confidence stalled, Australia's inflation pressures could ease faster than expected. Falling global oil prices and incoming data may be welcomed by the Reserve Bank of Australia. Wage growth also slowed in October to its slowest pace since December. Commonwealth Bank of Australia (CBA) said wage growth eased from a peak of 3.5% in August to 3.1% in October. Economist Harry Ottley said the slowdown in monthly wage growth suggested there was still no sign that higher inflation expectations had become embedded in wages.

Binance announced on X that VIP users can subscribe to Dual Investment and share a 40,000 USDC prize pool. The offer is limited-time and exclusive to VIPs.

Polymarket has introduced a withdrawal address allowlist, engineering vice president Josh said. According to Foresight News, users can restrict withdrawals to approved addresses, while adding a new address requires email verification and a 48-hour time lock. Users can cancel an unauthorized request by email, helping prevent funds from being transferred after a session is hijacked or a malicious transaction is signed. Passkey support is coming soon. Users with non-deposit wallets can use a migration tool to switch to the new wallet type or create a new account to use the feature.

Taiwan Semiconductor Manufacturing Co. (TSMC) reported consolidated revenue of NT$586.89 billion in October 2026, up 14.7% from September. According to Odaily, revenue rose 59.7% year over year, while cumulative revenue for January through October reached NT$4.485 trillion, up 43.3% from the same period a year earlier.

Anthropic, computing power, Claude, LLM, AI Agent, on the eve of its IPO, Anthropic unveils two more "trump cards"; Jinse Finance, 1000 AI agents, conquering Fermat's Last Theorem in 30 hours.

SEC, US stocks, tokenized stocks, NYSE, silence means consent: the difficult path of US stock tokenization. Golden Finance: Why are US companies unwilling to allow third parties to tokenize their stocks?

North Korean hackers behind the $6.3 billion Binance theft created six worthless meme coins and used them to move about $430,000 of stolen funds, making the money look like normal trading profit. Blockchain firm Elliptic traced the activity, which follows the same method used after last year's Bybit hack.

Claude Fable 5.2 and Claude Mythos 5.2 have been released with a bang. In benchmark tests, they outperform almost all models, leading across the board in intelligent coding, scientific research, cybersecurity, and computer usage.

In the latest race to be the first to release a flagship model, Anthropic has struck first. Early this morning, Anthropic released two top-tier models in one go: the Fable 5.2 and the Mythos 5.2.

Anthropic has decided to proceed with its IPO despite market pressure, with a roadshow expected to begin as early as this Tuesday, aiming to have its shares traded starting next Thursday or Friday. However, after the plunge in AI company stocks, some major investors are now hoping for lower target valuations.

Bridgewater Associates founder Ray Dalio wrote that the results of the US midterm elections will not change the real dilemmas faced by US lawmakers, nor will they change the inherent operating logic behind the power struggle between wealth and power.

The identity of Huang Renxun's alleged mistress has not yet been confirmed, but media outlets such as The New York Times and the Financial Times have previously pointed to Alice Huang, a former executive at the Singaporean computing power company Megaspeed.

Following his meeting with the Qatari prime minister, Trump signaled a potential ceasefire between the US and Iran, stating that the conflict was showing signs of ending. However, he also emphasized that the US military was ready to take action at any time, with three aircraft carriers on high alert. Iran, on the other hand, insisted on seven conditions and called on the US to stop fabricating news reports.