Singapore police arrested Chen Xiuling, a 44-year-old Singaporean woman, at Changi Airport on November 5. According to Foresight News, citing Singapore’s Channel NewsAsia, Chen previously served as a director of several Singapore-registered companies believed to be beneficially owned by Prince Group founder Chen Zhi. The allegations concern the submission of false agreements to JTC Corporation in 2022 to obtain approval to lease properties. Police also said they have issued disposal orders for 14 additional properties linked to Prince Group since June 2026 and seized multiple bank and securities accounts. The assets involved are valued at about S$100 million, bringing the total value of assets seized or restricted from disposal in connection with the group to more than S$700 million.

Hong Kong Exchanges and Clearing’s third-quarter profit unexpectedly declined as concerns over massive AI investments cooled the IPO boom and market trading. According to Sina Finance, HKEX said Friday that net profit fell 1% year over year to HK$4.9 billion, below analysts’ average estimate of HK$5.03 billion, while core business revenue was flat at HK$7.47 billion. HKEX Chief Executive Bonnie Y Chan said, “Amid rising uncertainty in the macro environment and continued market volatility, we are even more committed to building a deeper and more diversified multi-asset ecosystem.”

According to ChainCatcher, Bank of America Securities said further increases in crude and refined product prices over the next three to six months could significantly raise interest rates. The U.S. two-year nominal interest rate swap rate has risen 113 basis points year to date, with a cumulative increase of 196 basis points on days when oil prices rose. The firm said rising energy inflation could reduce constraints on Federal Reserve rate hikes.

According to Kyodo News, Yonhap and Hong Kong Economic Times, Japan's Nikkei 225 was at 57,338.53 as of 04:33 UTC, down 3,739.37 points or 6.12%, extending morning losses after briefly diving more than 7% and dropping below 60,000 for the first time since May on renewed concern over AI regulation following the U.S. midterm elections. The index ended the morning session at 57,858.61, down 5.27%. Tokyo Electron was down 5.28% and Advantest 4.19% as of 04:33 UTC. Seoul's KOSPI was at 5,077.62 as of 04:32 UTC, down 306.18 points or 5.69%, after plummeting more than 8% earlier and triggering a 20-minute trading halt, the first in 16 trading sessions. The government said it will temporarily waive brokerages' 140% margin collateral requirement for three months from Nov. 9 and stands ready to add measures if volatility intensifies. Samsung Electronics was down 5.91% and SK hynix 9.02% as of 04:32 UTC. Hong Kong's Hang Seng Index closed the morning session down 263 points at 24,533, after opening 392 points lower, with turnover of HK$150.02 billion. The Hang Seng Tech Index fell 1.7% to 4,081. Alibaba fell more than 3%, Lenovo nearly 6% and SMIC more than 4%, while Hua Hong Semiconductor rose nearly 3% after results and Meituan gained 0.6%. Taiwan's TAIEX was at 39,833.80 as of 04:32 UTC, down 1,740.92 points or 4.19%, after plunging more than 3,737 points at one point and later rebounding to touch 40,435.83. TSMC was down 4.46% as of 04:32 UTC. In mainland China, the Shanghai Composite Index ended the morning session down 1.14% at 3,647, the Shenzhen Component Index fell 2.22% to 11,216 and the ChiNext Index dropped 3.5% to 2,477.

According to ChainCatcher, Nature Select has completed a Series A+ funding round, bringing its cumulative funding to more than $100 million. 5Y Capital, Qiming Venture Partners, Matrix Partners China, and Huaye Tiancheng jointly invested in the round. The company’s AI-native social app, Elys, remains in invitation-only beta, with its full release expected in November.

Citrini, a well-known Wall Street research firm, has once again spoken out, announcing that "the most optimistic expectations for AI infrastructure deals are over."

Zcash aspires to be "digital cash." The NU7 upgrade prioritizes speed. (Jinse Finance) What will this NU7 upgrade bring to Zcash?

According to ChainCatcher, Solana co-founder Anatoly Yakovenko said L1 teams should prioritize building native products on their own networks rather than abandon the effort in response to outside criticism. He said achieving product-market fit is difficult and products face a high risk of failure. Building products on their own blockchains, he added, is the only way for teams to identify functional gaps between their ecosystems and competitors.

Aspex Management, one of Asia’s largest hedge funds, lost about 16% in October as a selloff in artificial intelligence-related stocks hit global markets, according to people familiar with the matter. According to Odaily, the pan-Asian equities fund, which manages $14 billion, recorded one of its largest monthly declines on record but was still up 9% for the year through the end of October.

Democrats are not wasting any time turning their barrels against Donald Trump, pushing for a fresh wave of investigations targeting the president's business interests and influential technology executives, putting his family-linked crypto ventures and corporate relationships under renewed scrutiny.

Looking back at Russia's history with encryption, we can see how a country constantly adjusts its strategies in response to industry changes and international competition.

On November 5th, Eastern Time, US stocks experienced their most severe sell-off this year. The Nasdaq Composite Index fell by nearly 6% at its peak, approaching the intensity of the "Great Liberation Day" in April 2025, while AI infrastructure stocks generally fell by 10%-20%.

Hackers stole about $48.6 million from Brazilian exchange Mercado Bitcoin, and blockchain records show money kept leaving customer accounts for hours after the company said the attack was over. The exchange has promised to cover customer losses, but it has not explained how the thief kept access, and deposits, withdrawals and trading remain closed.

Power Perps incorporates the "convexity" of options into perpetual contracts. However, there is no strike price or expiration date.

OpenAI has unleashed a "super AI hacker"—the new model GPT-6 Cyber.

This cross-market crash is essentially a narrative reassessment driven by a political cycle: the dual baseline assumptions of "unlimited AI expansion + friendly regulation of the crypto industry" that the market has bet on over the past two years have been repriced after the results of the US midterm elections.

Trump, artificial intelligence, AI Agent, computing power, energy consumption – this may be the most magical day for AI in the United States. Golden Finance reports that they have welcomed their own AI supercomputer.