Walt launches standalone crypto trading app, supporting over 200 cryptocurrencies and tokenized US stocks.

According to The Block, Bakkt (ticker: BKKT) released its third-quarter 2026 financial results. The quarter’s total revenue hit $149.2 million, a 62.9% year-over-year decline from $402.2 million in Q3 2025, primarily driven by lower cryptocurrency trading volumes. The company’s total trading volume for the quarter stood at $147.9 million, reaffirming its target of roughly $3 billion in full-year 2026 trading volume while setting a new goal of $6 billion for H1 2027. Net profit attributable to Bakkt for the quarter was $14.3 million, with diluted earnings per share (EPS) of $0.31, compared to a net loss of $14.9 million and a loss per share of $1.15 in Q3 2025. The quarter included a $26.8 million non-cash gain related to Transchem warrants, and operating loss from continuing operations narrowed 42.9% to $14.4 million. Adjusted EBITDA loss was $11.8 million, an improvement of $3 million from the comparable year-ago loss of $14.8 million. Operating expenses, excluding crypto costs and execution, clearing, and brokerage fees, totaled $16.1 million, down 39.7% YoY, mainly due to lower compensation, professional services, and administrative expenses, plus the absence of $5.6 million in restructuring and impairment charges, partially offset by a $1.7 million increase in amortization of acquired intangible assets. As of September 30, 2026, Bakkt’s cash, cash equivalents, and restricted cash stood at $37.3 million, down from $50.7 million as of June 30. The quarter saw a net cash outflow from operating activities of $17.9 million, and the company did not sell shares under its at-the-market offering plan during the period. Bakkt noted it currently has no long-term debt. Crypto service revenue is reported on a gross basis, largely offset by crypto costs and execution, clearing, and brokerage fees, which reached $147.5 million for the quarter (down 63.2% YoY). Total operating expenses were $163.6 million, a 61.7% YoY decrease.

Beating AI News Brief: According to Bloomberg, Chinese AI startup Moonshot (Kimi) has successfully obtained access to NVIDIA’s top-tier B300 chips in China. Bloomberg obtained two financing contracts filed with regulatory databases, showing that 32 Supermicro servers equipped with B300 chips are located in Qingyang, Gansu Province, with a total valuation of 432 million yuan. The B300, part of NVIDIA’s Blackwell Ultra series, is a high-end AI chip subject to strict U.S. export restrictions to China. The average valuation per server is 13.5 million yuan, roughly 350% higher than the market price of comparable U.S.-made products. The contracts were signed in August this year. The servers are held by Lingmeixin (Beijing) Technology Co., Ltd., which secured a 200 million yuan loan from Beijing Zhongguancun Bank. Collateral for the loan includes the servers as well as a computing power service contract signed with Moonshot, involving 345.6 million yuan in expected revenue. Lingmeixin was previously engaged in businesses such as drones and computer vision. It purchased the servers from a newly established subsidiary of Beijing Chunju Technology, a firm that was previously focused on e-commerce for liquor products like Moutai before expanding into AI operations. The documents do not disclose where these U.S. export-controlled servers were originally sourced. After Bloomberg reached out to Moonshot, Lingmeixin, and the bank on November 3, Moonshot’s name was removed from the relevant regulatory documents. Moonshot denied involvement in or authorization of the financing and collateral arrangements, stating that it currently has no business relationship with Lingmeixin and was unaware of these deals. NVIDIA and Supermicro said the companies involved in the procurement are not their clients.

According to an 8-K filing submitted to the U.S. Securities and Exchange Commission (SEC), Nasdaq-listed DeFi Development Corp. (ticker: DFDV) announced its holdings of SOL and SOL-equivalent assets rose by 8,881 tokens between November 2 and November 6, 2026. As of November 6, the company’s SOL and equivalent assets stood at 2,609,829, up from 2,600,948 as of October 30. The firm stated it plans to deploy its SOL holdings via staking, validators and on-chain treasury infrastructure, subject to market conditions and risk management considerations.

SlowMist’s CISO 23pds stated in a social media post that Apple today rolled out updates for iOS 27.2.1, iPadOS 27.2.1, and macOS 27.2.1, which patch multiple security vulnerabilities (details below) and urges users to update promptly: - iMessage vulnerability: Remote attackers may join group chats to receive messages, or users may view messages sent before they join. - AirPlay and Bluetooth vulnerabilities: Malicious Bluetooth devices can pair without user interaction; nearby attackers may cause process memory corruption; multiple vulnerabilities allow bypassing AirPlay passcode rate limits. - eMudhra certificate vulnerability: Added protection for command-line tools. 23pds advises users to upgrade as much as possible to ensure security: "The latest 27.2.1 version can not only prevent DarkSword attacks, but also block memory corruption caused by malicious PDFs in CVE-2026-112611, and also stop the worse_query sandbox escape issue."

According to data from the BIT Stock Platform, pre-market trading in US stocks showed divergence, with most optical communications, Neocloud, and crypto-related stocks declining. The three major stock index futures were mixed: S&P 500 futures rose 0.19%, Nasdaq 100 futures fell 0.02%, and Dow Jones futures gained 0.48%. All optical communications-related stocks declined: Applied Optoelectronics (AAOI) down 1.54%, Lumentum (LITE) down 0.71%, Credo (CRDO) down 0.64%, Coherent (COHR) down 0.41%, Ciena (CIEN) down 0.35%. The entire Neocloud sector declined: AST SpaceMobile (ASTS) down 1.52%, Cipher Mining (CIFR) down 1.32%, Nebius (NBIS) down 0.81%, Astera Labs (ALAB) down 0.77%, IREN down 0.75%, CoreWeave (CRWV) down 0.12%. Semiconductor stocks were mixed: NVIDIA (NVDA) up 1.21%, TSMC (TSM) up 1.19%, ASML up 0.13%, Micron Technology (MU) up 0.02%, while Intel (INTC) down 1.20%, Arm (ARM) down 1.14%, AMD down 0.57%, Marvell Technology (MRVL) down 0.39%, Broadcom (AVGO) down 0.15%. Storage stocks were mixed: SanDisk (SNDK) up 0.20%, Seagate Technology (STX) down 0.75%, Western Digital (WDC) down 0.56%, SK Hynix (SKHY) down 0.45%. Most crypto-related stocks declined: MARA Holdings (MARA) down 1.81%, Strategy (MSTR) down 1.11%, Coinbase (COIN) down 1.01%, Circle (CRCL) down 0.81%, Bitmine (BMNR) down 0.75%, Robinhood (HOOD) down 0.72%, while BNB Standard (BNC) rose 0.42%.

According to monitoring by @ai_9684xtpa, a dormant address 0xB47…0511e made a single purchase of $5.4 million worth of ETH 5 hours ago, at a cost of $2113.46 per ETH. The address received 5.4 million USDT for bottom-fishing yesterday; this fund was withdrawn from major crypto exchanges three years ago and stored in the wallet back then, when ETH’s price stood at only around $1500.