South Korean traders accuse crypto exchange LBank of freezing over $1 million in funds, with the platform denying allegations that it restricted accounts due to profits.

Wellington-Altus strategy analyst James E. Thorne pointed out in his latest report that the Federal Reserve’s scrapping of forward guidance and dot plot, along with its original goal of allowing officials to freely express policy preferences, has not resulted in disciplined policymaking. Instead, it has handed the microphone to hawkish officials, whose irresponsible remarks are now dominating market expectations and leading to inconsistent policy. The central bank must clearly distinguish between fading supply-side shocks and persistent demand pressures, rather than letting the loudest voices drive its decisions. Taking October CPI data as an example: overall month-on-month inflation rose 0.4% (down from 0.6% the prior month), while core CPI came in at 0.3% (flat with the previous reading). Trends matter far more than one-month fluctuations; merely because the data exceeded expectations by 0.1 percentage point, Fed Governor Christopher Waller floated a trial balloon for a 50-basis-point rate hike in December—this is clearly overly reckless. More critically, examine inflation’s internal structure: services make up nearly 90% of core inflation, with housing accounting for half of that. Owner Equivalent Rent (OER) is essentially an estimate, not an actual outlay by homeowners. The current housing shortage is not a "wage-price spiral" at all, and aggressive rate hikes will instead push up construction costs and lock homeowners into their existing low-interest mortgages—this so-called "cure" will only exacerbate the problem. Meanwhile, energy shocks are receding substantially. With softening energy prices and falling labor costs, the Fed needs sharp judgment, not reflexive tightening. Forcing rate hikes amid strong productivity could easily turn a temporary inflation shock into an unnecessary recession.

According to an announcement from U.S. House Speaker Mike Johnson’s office, House Republicans elected Tom Emmer as Minority Whip of the 120th U.S. Congress on November 10. Emmer currently serves as Majority Whip. With the Republican Party shifting to the minority in the new House, he will become the second-ranking figure in the House Republican leadership, behind Minority Leader Jim Jordan, and will be primarily responsible for coordinating intra-party votes and securing support for key legislation. On crypto policy, Emmer has previously reintroduced the Securities Clarity Act alongside Democratic Representative Darren Soto, a bill designed to clarify the regulatory boundaries for digital assets by defining whether they fall under securities or commodity oversight.

German solar equipment manufacturer SINGULUS TECHNOLOGIES announced on November 10 that it has signed a contract with SpaceX to supply a complete heterojunction (HJT) solar cell production line. The first order is valued at over €60 million, with delivery scheduled for the first half of 2027. The two sides’ strategic cooperation also plans to expand to multiple production lines, gradually enabling a solar cell production equipment capacity of over 100GW. The facilities will be used for SpaceX’s satellite manufacturing project in Bastrop, Texas, U.S., to supply high-performance solar cells for its Starmind space AI satellites. Musk subsequently reposted SpaceX’s announcement, noting that SpaceX has ordered 100GW annual capacity HJT solar manufacturing equipment from SINGULUS, stating this is to let Starmind create a "sentient sun" — a phrase echoing his long-term vision of building space AI computing infrastructure via solar satellites. SINGULUS also disclosed that since SpaceX launched its strategic partnership in March 2026, it has provided financial support to the firm in March and October, with the October support including a secured subordinated loan.

Beating AI News Flash: Alma, developed by independent developer Yetone, ranked third in both task pass rate and success cost in the latest round of AI Agent cross-evaluation, outperforming well-known tools like Claude Code and OpenCode. The evaluation was initiated by AI Agent infrastructure firm Runta. According to the current ranking snapshot, Alma’s task pass rate is 72.7%, second only to Codex CLI’s 77.9% and Pi’s 72.8%. Claude Code’s pass rate stands at 70.0%. Alma not only boasts a higher pass rate but also delivers tasks at a lower cost: it averages around $0.80 per successful task, compared to $0.94 for Claude Code, a roughly 16% cost reduction. This FrontierHarness v1.1 evaluation centers on a key question: How much can performance differ when using the same large language model (LLM) with distinct Agent execution frameworks? The assessment covers 21 Harness configurations, 5 LLMs, and 62 tasks, with each task repeated 4 times for a total of 26,040 planned runs. All tools operate in a unified cloud environment, with comparisons across task success rate, token cost, and execution speed. Alma is an AI Agent designed for local operation and long-term memory, capable of directly reading and modifying code, executing terminal commands, web searching, and supporting Skills and MCP. It can freely switch underlying models, with no dependency on a single model vendor. Recently, Alma has integrated Herdr: programming Agents like Claude Code, Codex, and Pi can continue running on Herdr, while Alma centralizes them into a single chat interface to view execution processes, respond to queries, and approve operations. Users can even remotely manage multiple Agents on their computer via iPhone. The evaluation is still ongoing, so rankings are subject to change. Only open-source models including GLM, DeepSeek, Kimi, and Muse were tested, with no closed-source models such as GPT and Claude series included.

According to an official announcement, Huobi HTX will open NVDA/USDT spot and grid trading at 17:00 (UTC+8) on November 11, and will launch SKHY/USDT spot and grid trading at 19:00 the same day. Recently, Huobi HTX announced the listing of 20 stock tokens and ETF-related assets including SNDK, SOXL, SPCX, CRCL, MSTR, SKHY, MU, TSLA, NVDA, etc., and launched a series of promotional activities such as 0 trading fees for executed orders.

According to TradingBeats monitoring, a crypto whale opened a new NVDA long position with 5x leverage during NVIDIA’s early-morning price drop today, totaling around $8.4243 million at an average entry price of $168.49. As of press time, the address has not reduced its position: its holding value stands at approximately $8.6385 million, with an unrealized profit of roughly $214,200, a return rate of about 12.71%, and a liquidation price of $135.