⚡️ NOW: Tom Lee’s Bitmine reports a $6.3B net loss for the fiscal year ended Aug. 31, driven by unrealized losses on its ETH holdings as the price fell. The firm holds about 5.9M ETH, roughly 4.9% of the circulating supply.

🚨 NOW: Sui hardware wallet Suiball announces its shutdown and will refund all pre-orders in USDC. It says the Sui Foundation decided the project was too risky to support after a wave of hardware wallet attacks.

🔥 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?

⚡️ 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.

🗞️ 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.

🇺🇸 LATEST: The CFTC has delayed approval of futures tied to AI chip rental prices by at least 60 days over price manipulation fears, per FT. This pushes any launch to early 2027 at the earliest.

⏳ Bybit's WSOT 2026 squad formation window closes Nov. 12 at 10 AM UTC, ahead of the main competition on Nov. 13. The first 100 qualified squad leaders receive 100 USDT each, while the first 20 qualified TradFi squad leaders receive 500 USDT each.

🤖 INTERESTING: 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.