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State root calculation error in the Reth client affects some EVM chains; LayerZero suspends related cross-chain services.

23 minutes ago

According to security firm Blockaid, the Reth execution client and its derivative op-reth have a state root calculation error impacting multiple EVM blockchains, including several OP Stack chains. Unpatched nodes may experience sync stalls or return incorrect state proofs (eth_getProof). The issue is a client correctness flaw, not a confirmed attack event, and no funds have been lost to date. Reth merged fix code on November 3, with patched versions including reth v2.10.0, op-reth v2.8.1, and Base node-reth v1.5.3. As a preventive measure, LayerZero has suspended off-chain infrastructure for some affected chains, leading to delays in related cross-chain messages, though no messages are lost. Some protocols have also paused deposits or cross-chain routing. Blockaid advises affected node operators and RPC service providers to upgrade as soon as possible.

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Japan's stock index falls nearly 7%, SoftBank drops 14%.

According to Bitget market data, the Nikkei 225 index fell below 57,000 points, dropping 6.72% on the day. Tokyo Electron declined 13%, Advantest fell 13%, and SoftBank dropped 14%.

11 minutes ago

Kraken announces plans to launch a tokenized product for Anthropic’s IPO.

According to Kraken’s disclosure, the crypto exchange has announced plans to launch a tokenized product for the IPO of Anthropic, the developer behind Claude. Kraken noted in an accompanying graphic that IPO allocation decisions are not made by Kraken, and allocations may be granted in full, in part, or not at all; funds not allocated will be refunded. The product is not offered to U.S. persons or residents and is subject to geographic restrictions.

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South Korea’s KOSPI index resumed trading after a circuit breaker halt, with its decline narrowing.

According to Bitget's market data, South Korea's KOSPI index resumed trading after a circuit breaker halt, with its decline narrowing to 6.8%. Among heavyweight stocks, SK Hynix fell 7.99% and Samsung dropped 7.3%.

11 minutes ago

The Nikkei 225 index fell by 5%.

The Nikkei 225 index fell below the 58,000-point mark, dropping 5.06% on the day; the Tokyo Stock Price Index (TOPIX) also declined by 5%.

11 minutes ago

Anthropic’s pre-market futures dropped over 8%, with the largest short-position whale posting an unrealized profit of $3.76 million.

Per YuJing Monitor, as the Nasdaq index fell 5.52% overnight, pre-market contracts for Anthropic – set to debut on Nasdaq via IPO in about 10 days – also dropped 8%. The whale holding Anthropic’s largest short position, which is shorting $50.34 million worth of the company, has now booked an unrealized profit of $3.76 million.

11 minutes ago

IREN's quarterly AI cloud business revenue surged 182% quarter-over-quarter to $200 million, while its Bitcoin mining revenue declined to $28 million.

Bitcoin mining firm turned AI cloud computing service provider IREN has released its Q1 FY2027 results, covering the period ending September 30, 2026. Total revenue rose 66% quarter-over-quarter to $228 million, with AI cloud business revenue surging 182% QoQ to $200 million and boasting an 86% gross margin. Bitcoin mining revenue fell from $67 million in the prior quarter to $28 million. The quarter recorded a net loss of $263 million, down from a $684 million net loss in the previous quarter. Adjusted EBITDA came in at $66 million. The company’s contract backlog grew 22% QoQ to $20.3 billion; over $4 billion in annual recurring revenue (ARR) targets have secured contracts and funding, but due to client design adjustments and supplier delivery timelines, the expected delivery timeline has been pushed back from late 2026 to January 2027, and may be further delayed to February. Separately, after the quarter ended, IREN signed a five-year AI cloud services contract worth roughly $22 million per megawatt, with the client prepaying 90% of the GPU capital expenditures.

11 minutes ago

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