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ChainCatcher reports that Bitcoin wallet Electrum announced the release of version 4.8.4 on X, describing it as another security update. According to the GitHub release notes, the version was released on November 6 and fixes a vulnerability related to Lightning Network onion messages: malformed onion messages from any source could cause Electrum to disconnect from its channel peers.
Electrum will currently discard all incoming onion messages until practical use cases are implemented. The new version also fixes issues including the failure to restore some seed phrases created before version 2. Electrum's previous version, 4.8.3, was released in late October and fixed a high-severity vulnerability that was being exploited in the wild.

ChainCatcher reports that, according to Caixin, the European Commission preliminarily determined on November 6 local time that TikTok’s recommendation system has a “rabbit hole effect,” making it increasingly difficult for users to stop scrolling, in violation of the Digital Services Act (DSA), and that TikTok’s existing mitigation measures are ineffective. The EU believes TikTok should adjust its “For You” recommendation algorithm, including by recommending content more in line with users’ explicitly stated preferences, removing viewing time as a recommendation metric, and making user controls easier to use.
If the violation is confirmed, TikTok could face a fine of up to 6% of its global annual turnover. TikTok denies the allegations, saying the EU’s claims are fundamentally unfounded. This is a preliminary finding, not a final penalty decision, and TikTok may exercise its right to defend itself.

According to ChainCatcher, Strategy Chairman Michael Saylor posted a Bitcoin holdings tracker chart with the caption “Connect the dots,” possibly hinting that Strategy will continue to increase its BTC holdings.
The orange dots in the chart mark when Strategy historically purchased Bitcoin. The chart shows that it held 849,327 BTC as of November 8.

ChainCatcher News, citing the Financial Times, reports that Anthropic has struck a massive deal to purchase gas-fired generators as AI labs deepen their involvement in the energy sector and bypass intermediaries in the race for scarce power equipment. In late September, the frontier AI lab secured a purchase commitment for 1.7 gigawatts of heavy-duty generators from OnePWR Solutions, an equipment supplier headquartered in San Antonio, Texas, for $3.4 billion.
Anthropic did not acquire OnePWR itself, but the deal also included the engineering and construction capabilities needed to install the generators. According to a person familiar with the matter, no OnePWR employees transferred to Anthropic. OnePWR had ordered the generators from Caterpillar two years earlier but needed financing to complete the deal, according to a person familiar with the matter. Anthropic initially planned to become a customer of OnePWR, but later chose to take over the equipment it had ordered from Caterpillar.

ChainCatcher reports that, under “Operation Economic Outcast,” the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) added eight Canadian money services businesses accused of aiding the Iranian regime to its SDN sanctions list. They include Nia Nations Currency (NNCE), Diverse Trade Inc (also known as Million Exchange/MillionEx), Amin Exchange, Farah Exchange, and Darvish Exchange, among others. The designation also lists multiple associated TRON addresses.
On Telegram, on-chain investigator ZachXBT said that in June this year, he recommended on X that the U.S. Treasury sanction Canadian Iranian over-the-counter traders exploited by criminals. He noted that Nia Nations and Million Exchange had been used to launder crypto assets in recent cases involving violent home invasions and extortion. ZachXBT also said that, due to the lack of effective legal measures, Canada is one of the three worst-regulated jurisdictions in the world.