1. U.S. nonfarm payrolls rose by 165,000 in October, and the unemployment rate was 4.1%; stronger-than-expected data sent spot gold down by more than $30

The U.S. released its October nonfarm payrolls data, showing an increase of 165,000 jobs, 65,000 above expectations; the unemployment rate came in at 4.1%, below the expected 4.2%. -Original

2. The People's Bank of China said it has joined with local financial authorities, public security, market regulation and other departments to halt Solana's advertising placements and offline events in Shanghai, and will investigate the entities and individuals involved together with relevant departments

A person in charge of a department at the People's Bank of China said that the PBOC has joined with local financial authorities, public security, market regulation and other departments to halt Solana's advertising placements and offline events in Shanghai, and will investigate the entities and individuals involved together with relevant departments. Solana placed advertisements, promoted its brand and marketed virtual currencies through domestic entities. Solana issues Solana coins and provides technical services for the issuance and trading of virtual currencies such as USDT. These activities constitute illegal financial activities, and promoting Solana violates relevant regulations. The PBOC will work with relevant departments and local governments to crack down on domestic virtual currency-related business activities, focusing on domestic virtual currency traders and domestic affiliates of overseas virtual currency issuance and trading platforms. -Original

3. BlackRock deposited 1,883 BTC, worth approximately $143 million, into Coinbase Prime through its IBIT

BlackRock deposited 1,883 BTC, worth approximately $143 million, into Coinbase Prime through its IBIT. -Original

4. A whale wallet that had been dormant for over a year continued buying BTC, purchasing a total of 3,009 BTC today, worth approximately $228 million

A whale wallet starting with 3Ps78 continued buying BTC after being dormant for over a year, purchasing a total of 3,009 BTC today, worth approximately $228 million. -Original

5. US Democrats plan to push for AI regulation and step up investigations into tech giants

After taking control of Congress in January next year, US Democrats plan to aggressively push for AI regulation. Key proposals include limiting the impact of data center expansion on electricity prices, requiring independent organizations to test AI models, and clarifying the legal liability of AI companies. Senate Majority Leader Schumer has made protecting consumers from rising electricity prices a priority. Representative Lori Trahan plans to push for independent assessments of AI models. Lawmakers including Zoe Lofgren have asked OpenAI, Anthropic, Meta, Alphabet, and SpaceX to disclose their safety measures. Democratic leaders are studying an investigative checklist compiled by the think tank Groundwork Collaborative, which covers executives at companies across multiple industries. US President Trump opposes mandatory rules for AI and has reiterated his support for superintelligence (SI). Democrats can advance proposals by taking control of committees, but overriding a presidential veto requires two-thirds support in each chamber of Congress. Ed Mills, head of policy research at Raymond James, believes the likelihood of AI legislation passing is higher than the market expects. Democrats remain divided over the scope of the investigations. -Original

6. Hardware wallet maker Foundation hacked; 21,500 customer email addresses leaked

Hardware wallet manufacturer Foundation said attackers exploited vulnerabilities in the Cal.com scheduling software and Bank-Vaults to steal credentials and access customer records, email systems, and domain settings. The breach began on October 21, and on October 25 the attackers sent phishing emails to 21,463 email addresses. The leaked information included names, home addresses, phone numbers, order records, customer service communications, and some payment card information. Scammers used the stolen purchase and payment information to call customers and trick them into providing their Bitcoin wallet recovery phrases. Foundation said employee accounts and devices were not compromised, and funds stored on Passport devices remain safe. The company will reduce its self-hosted infrastructure and switch to managed services. -Original

7. Rules allowing cryptocurrency in 401(k) plans have been submitted to the White House for final review

Rules allowing cryptocurrency in 401(k) retirement plans have been submitted to the White House for final review. -Original

Here are the top stories from the past 24 hours. For faster news, download AiCoin (aicoin.com)