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🗞️ Need to catch up on the news? Here's our top 10 from today:
🔸 Anthropic’s bankers may raise the IPO price above the $70–$78 range after heavy investor demand, which could lift its valuation to $1.5T or more, FT reports.
🔹 US Treasury Secretary Scott Bessent has moved out of his home and onto a military base after Iranian threats against his life, per the NYT.
🔸 Stripe has officially completed its acquisition of OpenRouter, the AI model gateway, to help businesses access new models and optimize token usage.
🔹 OpenAI hit $10B in quarterly revenue for the first time, up nearly 50% from the prior quarter and roughly triple a year earlier.
🔸 Elon Musk calls Anthropic’s Claude Opus 5.5 a “masterpiece,” admitting Grok 4.8 won’t match it but predicting Grok 5 could surpass it within 2–3 months.
🔹 The CFTC is reportedly preparing charges against prediction market platform Kalshi over alleged failures to notify regulators about new contracts, according to POLITICO.
🔸 Ledger CEO Pascal Gauthier warned that “everybody will be hacked at some point” following Binance’s $6.3 billion hack.
🔹 Nasdaq has raised concerns over the SEC’s approach to implementing tokenized securities as regulators push to bring stocks onto blockchain infrastructure.
🔸 Visa has added Monad to its list of supported blockchains for stablecoin settlements.
🔹 Goldman Sachs, Citi, Santander and Deutsche Bank are among financial firms reportedly committing around $270 million to fund a joint US-based dollar stablecoin venture over five years, per Bloomberg.
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🚨BREAKING: Apple confirms widespread outages across multiple iCloud services, including Mail, Photos and Find My
Apple has confirmed iCloud service disruptions affecting users since around 5:49 PM ET, with outages impacting Mail, Calendar, Contacts, Photos, iWork and Game Center.
Find My is also slow or unavailable for some users.
Users have reported repeated password prompts, verification failures, unexpected logouts and failed device transfers, while Downdetector recorded a sharp spike in outage reports shortly after 6 PM ET.
The disruptions have also affected Apple Account sign-ins, leaving some users concerned their accounts were compromised when the issue was on Apple’s end.
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🚨 TODAY: Telegram CEO Pavel Durov says $GRAM is “still ridiculously undervalued” and belongs in CoinMarketCap’s top 3, as it rose 8% while most of the market fell.
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BREAKING: Iran begins training women for potential war with the U.S., launching its first all-female military camp in Tehran.
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Qiao Wang: My Only Crypto Holdings Are BTC and ZEC, at a Roughly 2:1 Ratio
Alliance co-founder Qiao Wang @QwQiao told threadguy on October 26 that his only crypto holdings are BTC and ZEC, at roughly 2:1 versus 5:1 previously, mainly because ZEC surged. He prefers holding to selling and paying taxes.
Wang remains bullish on Bitcoin over three to five years: governments keep printing money, while Bitcoin's supply stays fixed. He sees Bitcoin's main quantum challenge as governance, including what to do with Satoshi's coins. Wang considers ZEC a potential hedge against Bitcoin's privacy and quantum risks because its developers can keep upgrading the protocol to address new threats.
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⚡️ NOW: Ripple CTO Emeritus David Schwartz says he has sold nearly all his crypto due to his low risk tolerance.
His holdings are down from about 26M XRP, 1,500 BTC and 40,000 ETH to roughly 3M XRP, 1 BTC and 6 ETH.
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⚠️ ALERT: $2.23 MILLION drained from Arcus DEX after accounting bug allows exploiter to inflate account balance
Arcus DEX suffered a $2.23 million exploit on November 9 after an accounting bug allowed a newly created account to record a balance far larger than its actual holdings and withdraw funds it never owned.
The exploiter also attempted to withdraw another $3 million, but the bridge's on-chain rate limit blocked the payouts before they were processed.
Arcus detected and fixed the vulnerability within roughly 90 minutes, blocked the exploiter's addresses and temporarily paused withdrawals.
The company has since covered the entire $2.23 million shortfall from its treasury, stating that no other user balances, positions or orders were affected.
The stolen funds are being tracked on-chain, with Arcus coordinating with blockchain investigators and law enforcement to pursue recovery.
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THE BLOCK: Tom Lee's Bitmine reported a net loss of $6.3 billion for the fiscal year ended Aug. 31, 2026, primarily driven by ether's decline.
As of the end of August, the firm held around 5.9 million ETH, with around 3.97 million ETH purchased during the fiscal year. ethereum:native dropped around 44% during the period, falling from ~$4,390 to ~$2,466. $BMNR
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🔥 HUGE: Anthropic’s seven co-founders will sell $1.75B in stock in next week’s IPO, about $250M each, which puts each one’s net worth near $18B, per Bloomberg.
Will you buy Anthropic shares on day one?
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Announcing a major milestone achieved by my team @GoogleDeepMind: we have proven key security properties of the machine code underlying the Signal messaging protocol. This is the first time the actual production code of a widely deployed protocol has been formally verified – by any method, with or without AI – and at this depth.
More than a research breakthrough, it’s a prime example of how frontier AI can be a force multiplier to counter the speed and scale of modern cyber threats.
Formal verification offers a higher standard of security; however, it’s extremely complex and time consuming, which is why in many cases it’s considered to be impractical. Similar efforts could take teams decades of combined effort. We did it in a month’s time.
Using AlphaProof Code, Google DeepMind's new agentic framework for formal verification that runs on LLMs including Gemini Carbon, we verified the Signal protocol down to the actual code running on devices. This milestone lays the groundwork for a future in which vital systems, from medical device firmware to power grid software, ship with mathematical proof that their protections work.
Reaching that future will take continued research from our community. In that spirit, we're open-sourcing our formal specifications and verification artifacts so others can build on this work.
On a personal note, this moment is of deep significance to me. I started my own research journey more than two decades ago as an intern working on checking the consistency of complex software systems. Seeing this grand challenge made practical with modern AI is extraordinary.
I'm extremely proud of my team members: Swarat Chaudhuri, Andrew Ferraiuolo, Anton Kovsharov, Tej Chajed, Sam Schlesinger, Karn Seth, Jonathan Katz, and Charles Sutton for taking on this grand challenge and delivering, and grateful to the Signal team for their partnership.
deepmind.google/blog/formal-…
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BREAKING: CFTC warns Kalshi of potentially imminent charges over failure to notify regulators of new products, per Bloomberg.
The US Commodity Futures Trading Commission (CFTC) has reportedly warned prediction market platform Kalshi that it could SOON face enforcement charges following a months-long investigation into whether it properly notified regulators about dozens of new products.
The probe centers on product submissions and notification procedures.
Kalshi has characterized the issue as a procedural error involving a handful of contracts, many of which never went live, and says it is already addressing the matter.
No formal charges have been announced yet.
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Some products you need to try to understand. @buzzdotxyz is one of those.
When I first heard about it I was unsure. I thought we were building another chat app.
I was wrong and missing the bigger idea.
Shared context. People, agents and an entire company’s knowledge on one canvas. All working together as one intelligence.
Huge congrats to the team on Buzz 1.0.
Try it at buzz.xyz
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use buzz to build buzz however you wish
I created my first @buzzdotxyz plugin today, right from Buzz itself… and guess what? It even has hot reloading 🤯
It’s something I’ve always wanted in Slack: a Grammarly-like grammar checker built right into the Buzz composer.
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BREAKING: Democrats are preparing for impeaching President Trump and pete hegseth in January.
@grok tell me , do democrats have enough majority to impeach both ?
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🇺🇸 LATEST: Pro-crypto Rep. Tom Emmer has been elected House Republican Minority Whip, which makes him the No. 2 House GOP leader.
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Coming soon to a home near you: a restaurant!
San Francisco today legalized selling home-cooked meals from your residence, a cart or a stall.
The law is a win for city street vendors who rely on their small, start-up food businesses to make ends meet.
missionlocal.org/2026/11/san…
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compare Block's approach to helping companies build a second brain to Ramp's Inspect or Palantir for that matter.
The intelligence built on open standards will win, simply because agents will route around friction.
the culture behind the approach is the opposite of the frontier labs:
- encourage experimentation
- default to open
- self sovereign
still no Dessa release though
Bring your business into the conversation with Builderlab, built on @buzzdotxyz.
Join the chat: block.xyz/inside/builderlab-…
