Ethereum OG sells 1,000 $ETH for $2.68M, realizes $8.8M profit on 3,000 $ETH bought at $18.8

The Financial Stability Board (FSB) has released its peer review report on Turkey, noting that the country has made substantial progress in strengthening the regulation, supervision and oversight of its crypto asset market in recent years, though it still needs to further refine its regulatory framework to align with the FSB’s Global Regulatory Framework for Crypto-Asset Activities. The report points out that Turkey has brought most crypto asset market activities under regulation and introduced registration and licensing requirements for Crypto Asset Service Providers (CASPs). It has also implemented strict asset segregation custody measures and banned domestic use of crypto assets for payments, to limit the transmission of related risks to the payment and banking systems. Additionally, Turkish authorities have set up a centralized data platform for monitoring crypto asset activities. Nevertheless, the FSB says Turkey still needs to take further measures in the following areas: implementing a financial stability monitoring framework, establishing a dedicated regulatory regime for stablecoins, strengthening regulatory and enforcement efforts, and advancing cross-border regulatory cooperation and information sharing. The report also notes that Turkey had previously finalized its crypto asset regulatory framework, but its stablecoin regulatory regime remains incomplete. This review is intended to drive Turkey to further implement the relevant recommendations of the FSB’s global regulatory framework.

According to market data from BIT Stock Platform, NVIDIA (NVDA.O)’s pre-market gain in U.S. trading has expanded to 5%. The chipmaker’s stock had fallen by a cumulative 9.5% over the previous two trading sessions.

CryptoQuant analyst Darkfost stated in a post that BTC has been in a continuous distribution phase since October, with its price correcting by roughly 15%. After short-term holders (STHs) took profits, losing trades now dominate. Over the past 24 hours, STHs transferred 48,500 BTC to trading platforms, 47,300 of which were moved at a loss. This is one of the largest capitulation sell-offs by short-term holders in recent months.

Beating AI News Brief, November 10: Alibaba announced plans to spin off its chip subsidiary T-Head Semiconductor for an independent listing in Hong Kong. In fact, T-Head had secretly submitted its listing application as early as September 11. The offering size and exact listing date have not been finalized, and the firm will remain an Alibaba subsidiary after going public. Alibaba disclosed that as of April this year, T-Head’s Zhenwu series AI chips had cumulatively shipped over 560,000 accelerator cards. In March, Alibaba CEO Wu Yongming also revealed T-Head’s annual revenue had reached the 10-billion-yuan mark. According to IDC statistics, in the first half of 2026, T-Head held a 7% share of China’s data center AI accelerator card shipments, ranking second among domestic manufacturers, only behind Huawei’s 28%. NVIDIA remained the overall market leader with a 34% share. On the performance front, the already commercialized Zhenwu M890 can connect 64 chips via high-speed interconnection to form a super node with 9TB of video memory, capable of running large models with over 2 trillion parameters such as Kimi K3. Engineers interviewed by Caixin noted that its cluster’s overall performance is comparable to NVIDIA’s H200, though public test data under identical conditions is still lacking. In September this year, T-Head also launched the Zhenwu V900, with the company claiming its single-chip performance is three times that of the M890, and it is scheduled to enter mass production in Q1 2027.

According to official announcements, Binance Futures will launch the NUUSDT perpetual contract at 17:30 Beijing time on November 12, and the FRHCUSDT perpetual contract at 17:45 the same day. Both contracts are settled in USDT, support 24-hour trading, and offer a maximum leverage of 20x. The underlying asset of the NU contract is Class A common stock of Nu Holdings Ltd. (NYSE: NU), while the FRHC contract tracks common stock of Freedom Holding Corp. (Nasdaq: FRHC). The funding rate for both contracts settles every 8 hours, with upper and lower limits of ±2%, and supports multi-asset mode.

Privacy payment application AnomaPay announced in a post that an external security vulnerability has been discovered in the RISC Zero proof system it uses, which may put user funds at risk. To protect user assets, Anoma has suspended the relevant RISC Zero verifier, and the upgrade will be handled by the RISC Zero team. AnomaPay stated that users’ deposited funds remain secure but will be temporarily inaccessible until the Anoma protocol is upgraded to V2. The upgrade is expected to take approximately two weeks, during which RISC Zero’s security updates will be integrated. Users do not need to take any action; funds will automatically be migrated to V2 and access restored once the upgrade is complete.