HSBC: Hong Kong dollar stablecoin RedCoin draws around 50,000 customers in its first week of launch, targeting a user base of one million.

US Senate Democrats accuse Elon Musk-owned social media platform X of granting preferential treatment to prediction market Polymarket. In a joint letter first disclosed by Semafor, Democratic Senators Catherine Cortez Masto (Nevada), Adam Schiff (California), Jacky Rosen (Nevada), and Richard Blumenthal (Connecticut) wrote: "Typically, X allows users to report ads for multiple reasons. However, when users attempt to report Polymarket ads via X's standard interface, no reporting options are available. This issue does not arise for other ad types, including those from Kalshi." The letter, which includes screenshots, alleges this seemingly unfair special treatment raises questions about whether X is trying to provide Polymarket with an improper competitive advantage, thereby benefiting the US President and his family. Donald Trump Jr. has invested in Polymarket and serves as an advisor for the platform.

Dongcha Beating AI News Flash: Meituan has launched the official version of LongCat-2.5, over a month after its preview version rolled out in September this year. The model retains the previous generation's 1.6 trillion total parameters, approximately 48 billion activated parameters, and 1 million token context window, with key enhancements in visual programming and complex agent task capabilities. In official tests, its Terminal Bench v2.1 score jumped from 70.8% of the prior generation to 88.4%, approaching Claude Opus 5's 89.1%. On the more challenging v4.0 benchmark, it also rose from 3.0% to 38.5%, though still trailing Opus 5's 53.9%. The official version is now open for online experience and API access, while model weights remain unopen-sourced. Limited-time pricing stands at 2 yuan per million tokens for uncached input, and 8 yuan for output.

Beating AI News Flash: Moonshot AI’s Kimi launches a game development and creative workflow solution, aiming to transition AI agents from assisting programming to end-to-end game production, covering the entire workflow from gameplay design, 3D modeling, engineering development to publishing and operations. This time, Kimi does not only generate code or art assets—it operates directly within game engines. Built on K3.1 Pro, Kimi Code, and Kimi Work, the AI can use plugins to control professional tools including Unity, Unreal Engine, and Blender, modify existing game projects, even run games independently, review test recordings, and refine fixes based on identified issues. For instance, game designers only need to provide reference images, videos, and gameplay requirements, and Kimi can build a 2.5D action game prototype with mechanics like sword swings, dodges, and blocks using Godot. Officials stated that even users without programming experience can create a playable game prototype in 1–2 days. In another demo in partnership with Unity China, Kimi worked continuously for 20 hours without human intervention, reproduced the original work, and delivered a native project ready for further development. Moonshot AI is also expanding its focus to game publishing and long-term operations: batch producing ad materials, analyzing player feedback, managing community content and localization, and even integrating AI dialogue capabilities into game NPCs via APIs.

Self-hosted open-source cryptocurrency payment processing platform BTCPay Server announced in a post that its incident response investigation has identified an attack surface, primarily targeting instances running version 2.4.1 and earlier. That version was released on July 23, 2026. The official stated that there are currently no credible reports of hot wallet theft among users running the latest version 2.4.7, and once again urged all operators to upgrade promptly. Earlier, BTCPay Server had requested operators to temporarily shut down their instances to support an investigation after reports of unauthorized withdrawals from hot wallets. The number of affected instances and the scale of losses remain undisclosed.

Animoca Brands has announced that its subsidiary Animoca Asset Management has obtained a financial services license from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), permitting it to conduct collective investment fund management business within or from ADGM. Minh Do, Senior Executive Officer and Director of Animoca Asset Management, stated that the license enables the firm to manage collective investment funds under a robust regulatory framework, connecting institutional capital with digital assets and agent networks.

OKX announced it will sequentially list five TradFi stock-based USDT-margined perpetual contracts on November 2: ADI/USDT, FLEX/USDT, MELI/USDT, PEP/USDT, and UMC/USDT. The respective trading opening times for each pair are 19:30, 19:45, 20:00, 20:15, and 20:30 Beijing Time.