South Korea's KOSPI index closed down 1.45%

BitMEX co-founder Arthur Hayes stated in a post that Flop Labs will open its Devnet in the coming days, allowing anyone to join as a miner or validator, and enabling proxies to connect to the network. This phase is aimed at public testing, and participation in the Devnet will not qualify for any token allocations.

JPMorgan analyst Samik Chatterjee maintained an "Overweight" rating on Microsoft on Thursday, with a target price of $625. In his research note, he noted that investors will closely track the growth rates of Azure, the commercial version of Microsoft 365 cloud, and Copilot. "However, stock price reactions may depend more on performance outlook than the quarterly earnings report itself," Chatterjee said, adding that investors are seeking signs of sustainable growth in Microsoft’s cloud business and AI. Yorkville Ives analyst Dan Ives maintained an "Outperform" rating on Microsoft on Friday, setting a $615 target price. Ives named Microsoft one of his "top five tech picks for 2027," noting that clustered earnings releases from hyperscale cloud providers including Microsoft, Alphabet, and Amazon are expected to "calm the volatile market."

Solana’s official announcement states that 1.5 million people now hold Solana-based tokenized equities, marking a new all-time high. This figure has surged fivefold since August.

Beating AI News Flash: Security researcher log4j noticed his 2025 Samsung TV consistently pushed highly targeted ads. He reverse-engineered the TV’s Tizen system, uncovering features including viewing content recognition, sound detection, and ad tracking. On October 23, he shared a notification that OpenAI banned his account citing "Cyber Abuse", stating he lost approximately $500 and multiple quota reset opportunities. He emphasized he only conducted local research on the TV and did not use OpenAI to attack any systems. Around the same time, multiple Reddit users reported that Claude Opus 5.5 began frequently blocking reverse engineering requests. One developer asked Claude to analyze open-source reverse engineering tool REA, but the response was interrupted halfway by a safety check. Another user paying $200 monthly said Claude refused to analyze his Windows crash files; switching to $10/month OpenCode Go paired with DeepSeek successfully located the faulty CPU instruction.

According to official announcements, Neutral Trade – a quantitative strategy sharing platform in the Solana ecosystem – stated in a post that its TermMax private credit vault is now disclosing its airdrop distribution plan, following delays in the launch of the TermMax (TMX) token and renegotiation of yield terms. The airdrop comprises TMX tokens with a fully diluted valuation (FDV) of $60 million, which will be distributed to depositors in line with the September 25, 2025 snapshot ratio after being sold. The distribution schedule is: 50% to be released within 1 month post-launch, then 12.5% weekly for 4 consecutive weeks. Distribution will commence this week.

According to ZDNet Korea, Samsung Electronics and SK Hynix have scheduled mass production and shipment of 8-layer HBM4 for NVIDIA around the second quarter of next year. A source familiar with the matter stated: "From what I understand, NVIDIA will equip its Rubin Ultra-based NVL rack-scale solutions with 8-layer HBM4. While 12-layer HBM4 remains the main focus this year, the share of 8-layer HBM4 will rise significantly starting mid-next year."