Cointime update: Bitcoin treasury company DDC Enterprise (DDC) has launched an initial public offering of preferred stock under the ticker SAVOR, priced at $20 per share with an annualized dividend of 13.5% paid daily. The offering is expected to raise $24 million, with proceeds earmarked for repaying convertible notes, funding a dividend reserve account and adding to its BTC holdings.
Cointime reports: US cloud computing stocks declined in pre-market trading, with CoreWeave down 1.6%, Nebius down 2.8% and IREN down 1%. The moves came ahead of the market open as investors weighed the sector’s recent run.
Cointime update: Vitalik Buterin said on Nov. 5 that Ethereum will use frontier technologies, including GPUs, in the coming years to process multiple tasks in parallel while preserving decentralization. The Ethereum Foundation will focus on its strengths, supporting developers on technical capability, security, privacy and openness, while areas beyond its expertise will be left to users and the community to explore.
Cointime reports: South Korea’s KOSPI fell 5.28% to 5,383.8 and the KOSDAQ dropped 5.11% on November 5, with both indexes triggering market stabilization mechanisms the same day. Semiconductor and AI-infrastructure shares led the decline: SK Hynix fell 9.46% and Samsung Electronics 7.57%. Investors are concerned that Democratic gains in the US midterm elections could tighten regulation of data center approvals, grid access and power costs, delaying AI data center projects and weighing on demand for HBM and DRAM memory chips.
Cointime reports: US optical communication stocks fell collectively in premarket trading on November 5, extending the previous session’s losses. AXT Inc dropped more than 5%, while MaxLinear, Astera Labs, Credo Technology and Marvell Technology each fell over 4%. Lumentum, Corning and Fabrinet were down more than 3%.
Cointime reports: US-listed memory and storage stocks fell collectively in premarket trading on Nov. 5. Seagate Technology and SK Hynix each dropped more than 4%, while Western Digital, SanDisk, Rambus and Micron Technology each fell more than 3%. Silicon Motion Technology declined more than 2%.
Cointime reports: Morgan Stanley said in a Nov. 5 report that Democratic midterm gains, including in Texas, could tighten data-center regulation and delay projects, but the broader AI investment cycle is expected to remain intact. The bank kept an overweight stance on global equities, noting large-cap stocks have risen 15%-16% on average in the six months after midterms since 1982. It expects the federal deficit to stay near 6% of GDP.
Cointime reports: Meritz Securities said on Nov. 5 that memory chip makers’ order books for 2027-2028 far exceed available production capacity, with order fulfillment rates holding at a low 80%-85% this year and driving sharp price increases. Even if Democrats gain an advantage in US midterm elections and delay some data center projects, the supply shortage is unlikely to fundamentally change, with the 2027 gap expected to widen and fulfillment possibly falling to about 80%.
Cointime reports: Robinhood Chain’s total value locked surpassed $1.07 billion as of November 3, 2026, with cumulative DEX volume reaching $120.46 billion. The chain crossed $100 billion in Uniswap volume in just 125 days of mainnet operation. Top TVL protocols are Morpho at $582 million, Uniswap at $280 million and Lighter at $112 million. Robinhood and Arbitrum also opened a $1.8 million developer grant pool, with applications due December 6, 2026.
Cointime reports: US midterm election results signal mounting political resistance to data center expansion, with an NBC News election-day poll finding 76% of voters oppose data centers in their communities. Of 45 local referendums on data center development nationwide, 33 had backed construction limits as of the morning of Nov. 4. Wells, Maine approved a 180-day moratorium on large data centers, while several Ohio cities voted to ban facilities exceeding 25MW.
Cointime reports: Japan’s government is considering writing an exception to its three non-nuclear principles into the National Security Strategy due for revision at the end of the year, potentially allowing nuclear weapons to be brought into Japan in emergencies. The move was reported by Kyodo News on the 5th, citing people familiar with the matter. The revision is scheduled for year-end.
Cointime reports: Elon Musk deleted an X post from Election Day urging voters to “vote red today,” after major US media projected Democrats would regain control of both chambers of Congress in the November 3 midterms. The post had disappeared from his account by November 4. Musk spent $474 million this midterm cycle, a record for an individual non-candidate donor, and had used X to campaign for Republicans.
Cointime update: South Korea’s Deputy Prime Minister and Finance Minister Lee Hyung-il said on November 5 that the government will postpone the levy of virtual asset income tax by two years to 2029 and expand infrastructure to effectively tax overseas transactions. Lee said that after 2029, if virtual asset transaction information is obtained from the United States, authorities will have sufficient data to tax investors using US exchanges. The government will form and operate a public-private joint task force on digital asset taxation and accelerate digital asset legislation.
Cointime update: GitBook disclosed that an attacker exploited a vulnerability in its SSO login flow on November 2 to forge an employee session, accessing production keys and gaining full infrastructure privileges via a misconfigured GitHub App. The company contained the breach by November 3, with service restored after about 16 hours of downtime. GitBook said billing information, passwords and IP addresses were not exposed, and is treating all customer data as compromised.
Cointime reports: Southbound trading recorded a net outflow of more than HK$19 billion (HK$19.0 billion) from Hong Kong stocks on November 5. The figure marks a substantial single-day withdrawal by mainland investors via the Stock Connect channels. No further breakdown of the flows was provided.
Cointime reports: Jupiter ranked first among cross-chain DEX aggregators by trading volume in the third quarter of 2026, holding the top spot for an eighth consecutive quarter despite operating only on Solana. DefiLlama rankings placed DFlow second, followed by 0x Protocol, KyberSwap, OKX DEX, LiquidMesh, Uniswap, CoWSwap, 1inch and Binance Wallet.
Cointime reports: Spot gold rose more than 2% on Wednesday after decisive Democratic wins in the U.S. midterm elections weakened the dollar, making dollar-priced bullion cheaper for overseas buyers. Investors are also awaiting U.S. nonfarm payrolls later this week for clues on the Federal Reserve’s policy path. Pepperstone research head Chris Weston said the weaker dollar, combined with sharp falls in both nominal and real Treasury yields, clearly supported gold.
Cointime update: Digital asset insurance specialist Soter Insure has added Standard Chartered’s SC Ventures and Japan’s SBI Group as strategic investors in its Galaxy-led Series B, with Token Bay Capital also increasing its investment. The second closing follows a first close in July that included Coinbase Ventures, Franklin Templeton and Brevan Howard Digital. No funding amount was disclosed.
Cointime reports: A newly created wallet received a total of about 6,277 ETH, worth roughly $14.76 million, from a Binance hot wallet in two transfers on November 5. The transfers comprised 3,000 ETH (about $6.8 million) and 3,277 ETH (about $7.96 million).
Cointime update: South Korea’s finance minister Lee Hyoung-il said on Nov. 5 that the government plans to postpone its crypto gains tax by two years to 2029 from 2027 and will negotiate with the National Assembly to advance legislation. The government aims to refine domestic and cross-border crypto taxation before starting tax information exchanges with the U.S. in 2029. Under the current plan, gains above 2.5 million won ($1,869) a year are taxed at 22%, and the government will study allowing losses to be carried forward for three years.