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South Korea’s Democratic Party proposes a fourth delay to the 22% tax on income from crypto assets, which is scheduled to take effect on January 1, 2027.
South Korea’s ruling Democratic Party has officially proposed that the government further postpone the introduction of an income tax on crypto assets. According to a report by domestic news agency News1 on Wednesday, party chairman Kim Min-seok announced the proposal at a meeting of the party’s Supreme Council at the National Assembly. He said the decision followed consultations with the Strategy and Finance Committee, discussions between the government and the party, and meetings with crypto asset businesses.

The SEC’s Division of Corporation Finance issues a no-action letter, viewing Canton Coin as a digital commodity under certain conditions.
The U.S. Securities and Exchange Commission’s (SEC) Division of Corporation Finance said it views Canton Coin (CC) as a digital commodity. Under certain conditions, the division will not recommend enforcement action regarding the issuance of tokens through a preprogrammed mechanism. The no-action position was announced in a letter on Tuesday.

Tesla, SpaceX, Amazon, Netflix, Lam Research and SoFi oppose the listing of tokenized stocks on OKXICE TSV, bringing the total number of companies that have refused to 56.
Billionaire Elon Musk’s two companies, Tesla and SpaceX, have not authorized their shares to appear on the planned tokenized stock exchange from OKX and Intercontinental Exchange (ICE). According to an update from OKXICE TSV on Monday, the two companies are among six new issuers opposing the move, alongside Amazon, Netflix, Lam Research and SoFi Technologies. The latest additions bring the total number of companies that have declined to participate to 56.

CrowdStrike launches an AI Kill Switch to disable rogue AI agents, while acquiring Fiddler AI at a valuation of around $400 million.
CrowdStrike has introduced an emergency kill switch for AI agents at the Fal.Con Europe 2026 conference in Barcelona. The product expands its Falcon Guardian security platform, allowing administrators to intervene when AI agents operate beyond their assigned scope. At the same time, the cybersecurity company signed an agreement to acquire Fiddler AI, a startup specializing in AI observability, as businesses increasingly grant autonomous software deep access to internal systems.

Anthropic’s computing costs rose 77% to $9.86 billion, while lower Claude prices offset about $600 million in revenue growth.
Anthropic is making Claude cheaper to use, but its own computing costs are rising faster than revenue. According to an amended filing with the U.S. Securities and Exchange Commission (SEC), revenue gains from higher usage in the most recent quarter were partially offset by a reduction of about $600 million. That reduction came from price cuts accompanying new model versions and contractual discounts. This figure does not represent revenue disappearing from the books, but rather growth canceled out by the pricing policy.

CEO Paolo Ardoino said Tether holds about 150,000 bitcoin, worth $11.5 billion, around 50,000 coins more than reported in its third-quarter reserves.
Tether CEO Paolo Ardoino said the company, the world’s largest stablecoin issuer, currently holds about 150,000 bitcoin, worth around $11.5 billion at current prices. He made the remarks in a keynote address at the Plan ₿ Forum in Lugano, Switzerland, where Tether has been running a program to promote the adoption of bitcoin and stablecoins since 2022. “We ourselves have approximately 150,000 bitcoin,” Ardoino said, adding that this was the result of legitimate business activity.

ECB selects the Nexi–Deutsche Telekom consortium and the Telefónica–Indra group to provide network infrastructure for the digital euro, with the goal of being ready by 2029.
The European Central Bank (ECB) has signed agreements with two technology consortia to serve as network service providers (NSPs) for the digital euro pilot project and any potential official issuance of the digital euro, a central bank digital currency (CBDC) for the euro area. The contractors were selected through a competitive tender process. They will be responsible for building the infrastructure that connects payment service providers and national central banks to the digital euro system, while also supporting data exchange between the system’s components.

The Hong Kong Monetary Authority announced four initiatives on AI, post-quantum cryptography, tokenization and payments, expanding QR connectivity to more than 100 million acceptance points.
The Hong Kong Monetary Authority (HKMA) has announced four new initiatives at Hong Kong FinTech Week 2026. The projects focus on artificial intelligence (AI), post-quantum cryptography, asset tokenization and cross-border payments. This is the next step in implementing Fintech 2030, a strategy unveiled by the HKMA in November 2025 to modernize the financial infrastructure of the special administrative region.

FATF launches a focused review of compliance with standards for virtual assets and VASPs, with initial findings expected to be published in June 2027.
The Financial Action Task Force (FATF) has announced a focused review to assess compliance with international standards for virtual assets (VAs) and virtual asset service providers (VASPs). FATF is an intergovernmental organization that sets global standards for combating money laundering and terrorist financing. It said it would conduct additional assessments of jurisdictions with significant virtual asset service activity. The goal is to promote the implementation of standards and address gaps in national regulatory frameworks for virtual assets.

StoneX believes DTCC’s tokenization service strengthens rather than threatens Securitize, maintaining its Buy rating on SECZ with an $18 price target.
The Depository Trust & Clearing Corporation’s (DTCC) launch of a tokenization service could accelerate the adoption of tokenized assets across the market, rather than put pressure on specialist platforms like Securitize. That is the view of analysts at financial services firm StoneX in a report sent to clients on Monday (Nov. 2).

Cathie Wood’s Ark Invest spent $3.4 million on Coinbase shares, $2.6 million on Circle, and $645,820 on Robinhood as all three stocks fell.
Cathie Wood-led investment firm Ark Invest continued increasing its holdings in three companies linked to the crypto asset market—Coinbase, Circle, and Robinhood—during Monday’s (2/11) session, as all three stocks closed lower. The trades were made through the firm’s flagship exchange-traded funds (ETFs).

Sam Altman argues that DRAM in personal computers is only used 5% of the time, making it wasteful amid a shortage—and prompting Elon Musk to mock him.
Elon Musk has publicly mocked OpenAI CEO Sam Altman after Altman argued that the world’s limited memory supply would be used more efficiently in AI data centers rather than sitting in users’ personal computers.
Altman made the remarks in an interview with the YouTube channel Cheeky Pint, discussing shortages of memory and components caused by the AI boom. He said many people are counting on local inference—running AI models directly on their own hardware—and believe open-source models will solve the problem. However, from a global allocation perspective, he called it “pretty bad” for everyone to keep some DRAM in their personal computer but use it only about 5% of the time. Altman argued that amid severe supply constraints, cloud utilization needs to be maximized, even though many people’s intuition points in the opposite direction.

North Korean hackers have dispersed funds stolen from Binance across 12,000 wallets, but $2.85 billion—44% of the total $6.43 billion—has been frozen.
North Korean hackers are moving assets stolen from Binance at an unprecedented rate, averaging about one new crypto wallet every 25 seconds. According to an analysis published Monday by blockchain analytics firm Elliptic, in less than four days the attackers dispersed the funds across around 12,000 wallets on 11 blockchain networks, making more than 40,000 transactions.

Anthropic’s Claude successfully wrote exploit code for Linux vulnerability CVE-2026-98432, which has a critical severity score of 9.8/10; Red Hat has patched it, but Ubuntu still has no fix.
Anthropic says its Claude AI model wrote a working real-world attack that allows remote attackers to gain full control of a Linux server over the internet without a password. The vulnerability behind the attack, tracked as CVE-2026-98432, had been quietly present in the Linux kernel since version 4.4 and was given a critical severity score of 9.8/10.

An anonymous organization in the EU lost more than $106 million in stablecoins from centralized exchange accounts, just days after the $6.4 billion Binance hack.
The crypto asset industry has recorded another nine-figure theft, just days after the biggest hack in the industry's history. According to a Monday (2/11) post by anonymous on-chain investigator ZachXBT on Telegram, an unidentified organization in the European Union (EU) lost more than $106 million from several centralized exchange accounts on Sunday (1/11).

Leaked signals suggest Anthropic and OpenAI may be testing Fable 5.5, Mythos 5.5, and GPT-6.2 Astra, as Anthropic prepares for an IPO.
The AI community on social media platform X is buzzing over a series of signs suggesting Anthropic is quietly testing new versions of Fable and Mythos, while OpenAI prepares to launch GPT-6.2 Astra. Neither company has confirmed the rumors, which are based on several sample outputs, a catalog entry, and a hidden label on a website—all of which were removed shortly after appearing.

Binance saw $6.33 billion in net outflows over 24 hours, while setting aside $6.34 billion in compensation, recovering 95% of the stolen assets.
Binance, the world’s largest cryptocurrency exchange by trading volume, recorded $6.33 billion in net outflows over 24 hours after resuming withdrawals, according to data from analytics platform DefiLlama as of 04:45 UTC on November 2. Withdrawals had been suspended following the attack on the night of October 30, the largest incident in the history of the cryptocurrency market, in which approximately $6.36 billion in assets were stolen from the exchange’s wallets across more than 10 blockchain networks.

Tencent and Visa sign a memorandum of understanding to cooperate in four areas, from cross-border payments and remittances to AI agent commerce.
Chinese technology giant Tencent and global payments network Visa have signed a memorandum of understanding on a strategic partnership to develop joint payment solutions for consumers and businesses in China and other markets. Under the agreement, the two sides will combine Tencent’s payment services, digital platforms and cloud computing technology with Visa’s global infrastructure.