Ethereum Treasury Company FG Nexus Announces Listing on Deutsche Boerse

On November 5th, New Margin Technology Holdings Limited (01611.HK) declared the commencement of the international brand "Bitfire" and entered the global digital asset management market.

On November 5th, based on market data, both the Japanese and South Korean stock markets witnessed sharp declines today. The Nikkei 225 index dropped by 2.50% to 50,212.27 points. The KOSPI index in South Korea decreased by 2.85% to 4,004.42 points. During today's Asia session, the South Korean stock market took the lead in losses with a decline of more than 6%, resulting in a cumulative decline of more than 7% in two days, marking its worst performance since August 2024. After a 5% drop in the Korea Composite Stock Price Index 200 futures, the Korea Exchange triggered a circuit breaker for the KOSPI index. The Nikkei 225 index fell below the 50,000-point mark for the first time since October 27th.

November 5th: SoftBank and OpenAI jointly initiated a joint venture named SB OAI Japan and are planning to go public in 2026. Sam Altman mentioned that forming a joint venture with SoftBank is a significant step that will expedite the vision of bringing advanced artificial intelligence to some of the world's most prominent companies. (Jinse)

On November 5th, based on strategicethreserve data, Bitmine (BMNR) ranked first in Ethereum institutional holdings. It is currently holding approximately 3.4 million ETH, which is worth about $11.32 billion. In the past 30 days, its holdings have increased by 20%. The average cost is $4,037, and there is an unrealized loss of about $2.4 billion. SharpLink (SBET) ranked second in Ethereum institutional holdings. It is currently holding 860,000 ETH, worth about $2.86 billion. In the past 30 days, its holdings have increased by 2.5%. The average cost is $3,609, and there is an unrealized loss of about $170 million. It is worth noting that the mNAV (Multiple Net Asset Value) of the two companies is currently 0.99 and 0.87 respectively. The current market value of Bitmine is $11.236 billion, and the current market value of SharpLink is $2.297 billion. Both are lower than the value of their Ethereum holdings.

On November 5th, Monad Co-founder Keone Hon announced that at 21:30 (UTC+8) today, the Monad testnet will upgrade from the behavioral revision version MONAD_SIX [v0.11.6-tn1] to MONAD_SEVEN [v0.12.0]. The following behavioral changes are included in this upgrade: Opcode/Precompiled Contract Pricing (the gas cost for cold storage access is increased; the cost for certain precompiled contracts is increased). Monad will complete all expected behavioral changes before the launch of the mainnet, and the full changelog will be released soon.