Across's official website domain was hijacked, front-end and API services have been suspended, and the platform will fully compensate affected users.

According to Bitget data, SoftBank Group’s stock price once dropped 11%. The Japanese tech investment giant earlier reported its first net loss in nearly two years, driven by a $3.7 billion write-down on its U.S. data center projects and a slump in valuations of its artificial intelligence (AI)-related assets. On Wednesday, the stock dipped to 3,465 yen on the Tokyo Stock Exchange. For the fiscal quarter ending the second quarter of the current fiscal year, SoftBank swung from profit to loss, logging a net loss of 1.12 trillion yen (about $7.1 billion). The loss stemmed from the company writing down certain advance payments originally earmarked for purchasing power equipment to support its 8 gigawatt (GW) project in Ohio and other U.S. data center projects; due to project adjustments, these advance payments are no longer recoverable.

Alliance DAO co-founder QwQiao posted that he expects ZEC’s price to reach $5,000 to $20,000 per token by the end of this cycle, criticizing bears for declaring victory solely based on a $300 price swing. He argued that instead of frequent trading around 5-minute K-lines, investors should build long-term investment theses for high-quality assets and target potential returns of 10 to 100 times through holding.

Fed official Goolsbee said the latest government inflation report shows underlying trends have not improved, which is "somewhat concerning"; of particular note, price pressures appear to be spreading beyond just energy prices or artificial intelligence (AI)-related sectors. Goolsbee stated: "Services inflation has not cooled, and this is likely not primarily driven by temporary factors such as oil prices, tariffs, or others. Therefore, we are facing a real, evolving inflation problem that must be addressed." "My concern is that this inflation pressure is turning into broad economic overheating—prices for all kinds of goods and services are rising too fast, far exceeding our 2% inflation target."

According to on-chain analyst Yu Jin Monitoring, after ETH fell roughly 15% in recent days, the whale known as "7 Siblings" bought 10,792 ETH approximately 9 hours ago for around $22 million, at an average price of about $2,038 per token. Looking back at its previous trades, "7 Siblings" purchased ETH at $1,789 in June following a sharp price drop, and sold roughly 18,500 ETH at $2,356 in August after a roughly 20% short-term rally, generating a profit of around $10.49 million. Judging from these transactions, "7 Siblings" tends to buy ETH after short-term declines of more than 10% and sell after short-term gains of over 10%.

According to Bloomberg News, some Anthropic investors have been pitching their expected IPO-allocated shares to new buyers ahead of the IPO pricing. Brokerage firm JonesTrading is representing investors expecting large allocations to market a block of shares worth up to $500 million, with fees ranging from 3% to 5% above the final IPO offering price. People familiar with the matter said the shares are not subject to lock-up agreements, but buyers must secure approval from both the seller and one of the banks participating in the IPO. Bloomberg notes that such arrangements allow investment firms to reduce risks tied to partial allocation positions while expanding their own investor bases. Jon Jefferies, JonesTrading’s head of private markets, declined to comment on specific deals, but noted he first observed such arrangements during SpaceX’s IPO, with multiple similar Anthropic-related deals currently being marketed. Another seller is pitching over $1 billion worth of existing Anthropic shares via a special purpose vehicle (SPV), with the offer corresponding to a company valuation of $1.4 trillion to $1.6 trillion, plus additional fees. People familiar with the matter said the SPV is single-layered and holds Anthropic shares directly. Unlike the aforementioned resale arrangements, this transaction involves already issued shares and does not depend on the seller’s IPO allocation. Anthropic’s IPO is targeting a fully diluted valuation of approximately $1.4 trillion. The company and some investors plan to raise up to $90.4 billion total via the IPO and private placements; if achieved, this would surpass SpaceX’s $75 billion base offering size. An Anthropic spokesperson did not immediately respond to a request for comment.

According to an official disclosure from Initia, on November 9, the platform was breached due to a compromise of its cloud access credentials, with attackers forging IBC withdrawal transactions involving five Rollups. Approximately $3.27 million in assets were transferred to the attacker’s address on Initia’s Layer 1 (L1) chain; of that total, roughly $2.16 million remains on the suspended L1 and is currently non-transferable. Initia noted that the attacker has cross-chain transferred 13,400 TIA, 8,000 USDC.inj, and 597,000 Noble USDC, hitting the platform’s IBC outbound limit, and did not transfer any INIT tokens out of Initia. The project plans to fully replenish reserves for the affected assets, with the specific compensation scheme still being finalized. The team is rebuilding the impacted infrastructure in an isolated environment, tightening access controls, and strengthening on-chain IBC verification. Initia expects the recovery process will take longer than a standard network restart, with no specific timeline announced yet.