The Democratic Party successfully flipped a U.S. Senate seat from North Carolina, moving closer to taking control of the U.S. Senate.

Beating AI News: Multiple members of Anthropic’s Claude Code team have recently resigned in succession. On November 4, Cat Wu, product lead for Claude Code and Cowork, announced her departure from Anthropic. Earlier, engineers Thariq Shihipar and Anthony Morris, developer of Claude Code’s desktop version, had already announced their exit publicly on October 24. When Thariq left, he specifically recommended following Cat Wu to stay updated on Claude Code’s future developments. Unexpectedly, just 11 days later, Cat also announced her resignation. Cat had actually left Anthropic once before: in July 2025, she and Boris Cherny, creator of Claude Code, both moved to Cursor, only to return together two weeks later. This July, Jenny Wen, design lead for Claude and Cowork, also joined Cursor as design director. Still, Anthropic as a whole is expanding rapidly. Its public filing shows its headcount rose from roughly 940 at the end of 2024 to about 5,300 by the end of September this year. Over the past 12 months, the company disclosed a “regret turnover rate” of around 1%, referring to the share of employees who resigned voluntarily but whom the company sought to retain.

According to official announcements, Bitget has launched the Mastercard (MA) stock perpetual contract. The contract is settled in USDT, supports up to 20x leverage and 24/7 trading. As of now, Bitget supports a total of 395 stock contract underlying assets.

According to TradingBeats monitoring, at least 5 accounts’ HIP-3 positions were liquidated over the past 24 hours, with a total liquidation value exceeding $500,000, amounting to roughly $7.7568 million, and corresponding forced liquidation losses of about $2.4362 million. - Intel (INTC): $2.9752 million in liquidations, $1.8242 million in losses. The largest long position address 0x5b50 was fully liquidated at 9:00 today, with an average execution price of $58.44. - Nasdaq 100: $2.3642 million in liquidations, $0.1478 million in losses. Address 0x57d2 has undergone four consecutive partial liquidations from 14:00 yesterday to the past half hour, with a total of 85.02 XYZ100 long positions liquidated, and currently holds 58.98 positions. - LITE: Address 0x45c3 was fully liquidated in the past hour, with a liquidation value of $0.9823 million, losses of $0.3821 million, and an average execution price of $653.01. Address 0x2814 was fully liquidated in the past half hour, with a liquidation value of $0.9286 million, losses of $0.0523 million, and an average execution price of $648.97. - Brent Crude: $0.5065 million in liquidations, $0.0298 million in losses. Address 0x6936 had 5,000 long positions fully liquidated last night, with an average execution price of $101.30.

CNN projects that the Democratic Party will win control of the House of Representatives. As of press time, the Democrats maintain a large lead in House votes. A total of 171 House seats have been called in this U.S. midterm election, with the Democratic Party securing 110 seats (a flip of 6 seats), while Republicans have won only 61 seats.

AMD released its third-quarter financial results this morning, reporting revenue of $13.377 billion, a year-on-year rise of 45%, and adjusted earnings per share of $2.09, both exceeding market expectations. Data center revenue and fourth-quarter revenue guidance also came in above forecasts. According to TradingBeats monitoring, after the earnings release at 05:15 Beijing time, AMD’s perpetual contract jumped from around $486.10 prior to the announcement to a peak of $530.51, a gain of roughly 9.14%. It has since pulled back to $500.8, with the post-earnings increase narrowing to approximately 3.03%, erasing about two-thirds of the earlier rally. The 24-hour trading volume stands at around $111 million, and the current nominal value of open interest is roughly $17.51 million. The area around the long position break-even line of $522, highlighted in our earlier news brief, was briefly breached, with the price even temporarily exceeding the average entry price of $527.38 of the largest long-position whale 0xfd6a. However, this whale has not reduced its position since yesterday noon and currently holds approximately $4.2483 million in AMD long positions, with an unrealized loss of around $225,200.

The Binance hacker continues to swap $SOL for $BTC! They're splitting the $SOL across multiple wallets and selling it for $USDC. Then they bridge the $USDC to Ethereum and buy $ETH. Finally, they swap the $ETH for $BTC via #THORChain.