Supreme People’s Procuratorate
7 hours agoNews Editor

China’s top prosecutors detail cross-border resume trafficking case settled entirely in crypto

China’s Supreme People’s Procuratorate on Nov. 2 disclosed a major personal information case involving fake recruitment, insider theft at companies, and crypto-based settlement. According to the official case release, Lin Moufeng and 20 others illegally obtained and sold more than 870,000 job seekers’ resumes to overseas buyers. The case involved more than 7.46 million yuan, with all payments completed through virtual currency and later converted into renminbi through underground OTC channels. Prosecutors said the group first tried to collect resumes by registering fake employers on online recruitment platforms, but repeated account bans pushed it to a different method. The network then split into front-end and back-end teams, with some members posing as job seekers to approach legitimate corporate HR staff and bribe them on a per-record basis. Those insiders used authorized company accounts to pull applicant data from internal systems, while another team standardized and processed the stolen information for resale. Authorities said they traced both on-chain transfers and off-chain cash-out activity, identifying transaction timestamps and the final fiat destinations of the funds. The case was presented as a full-chain crackdown covering data theft, overseas resale, and crypto-based laundering.

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China’s top prosecutors detail cross-border resume trafficking case settled entirely in crypto
Palantir
8 hours agoNews Editor

Prediction market prices 73% chance of a Palantir gain ahead of earnings

Palantir Technologies (PLTR) is set to report third-quarter earnings after the U.S. market close, with traders and analysts watching both the headline numbers and the company’s commercial momentum. Wall Street expects earnings per share of $0.41 and revenue of $2.18 billion, while management’s revenue guidance stands at about $2.16 billion. One area drawing particular attention is Palantir’s U.S. commercial business, which grew 149% in the previous quarter. Ahead of the release, a prediction market on Limitless is leaning bullish. The platform’s PLTR Daily Up/Down market is showing a 73% probability that the stock will finish higher on the day of the earnings report. The figure was cited by CoinPedia and reflects market positioning going into the results rather than the earnings outcome itself.

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Prediction market prices 73% chance of a Palantir gain ahead of earnings
Jun Song
8 hours agoNews Editor

Jun Song says anonymous black-hat group offered high payment for exploit-data model training

Open-source AI practitioner Jun Song said in a post on X that an anonymous black-hat group contacted him yesterday with a reinforcement learning request and offered what he described as a very high payment. According to Song, the group wanted him to carry out post-training on an open-weight model using exploit data. He said the scale of the attack data the group claimed to hold was unlike anything he had seen before, adding that if someone told him it was an undercover law-enforcement dataset, he would believe it. Song also said he runs a data center hardware export business in South Korea and is advancing the 0xSupergemma project. As a comparison, he pointed to a white-hat project he worked on that used GLM-5.3; its dataset was less than 1% of the size described by the group, yet its performance already far exceeded frontier models. Song said he rejected the request, but added that his real concern is that someone else may eventually accept the deal.

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Jun Song says anonymous black-hat group offered high payment for exploit-data model training
AI Startups
7 hours agoNews Editor

Shuimu Fenzi named the only AI drug discovery company on China’s AI Startup Top 10 list

Techub News reported that the "China AI Startup Top 10" list has been released, with Shuimu Fenzi named the only AI pharmaceutical company included. The company was incubated by Tsinghua AIR, and its chief scientist is Nie Zaiqing. According to the report, Shuimu Fenzi has launched ChatDD, a conversational drug research and development platform, and is also developing its own innovative drug pipeline targeting autoimmune diseases and tumors. The item cited QbitAI as the source of the underlying information. No additional details on the selection process, ranking methodology, or the full list of companies were disclosed in the brief. The report focused on Shuimu Fenzi’s position on the list and its core AI drug discovery products and research direction.

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Shuimu Fenzi named the only AI drug discovery company on China’s AI Startup Top 10 list
Donald Trump
8 hours agoNews Editor

Trump comments on midterms, Iran talks and Jensen Huang at Mar-a-Lago party

U.S. President Donald Trump said at a Halloween party at Mar-a-Lago in Florida that he is highly confident about the midterm elections. Responding to reporters, Trump said the United States has never been in better shape and claimed that $25 trillion in wealth had been created since he became president. On Iran, he said talks between the United States and Iran were going well, while adding that Iran was "not very reliable" and often agreed to deals before backing away from them. Trump also addressed recent public controversy involving Nvidia founder Jensen Huang. He said he believes Huang and hopes he will be fine. Trump described Huang as a great and talented person, said he wants to protect talented people, and added that he respects and likes Huang and will look into the matter.

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Trump comments on midterms, Iran talks and Jensen Huang at Mar-a-Lago party
Alphabet
8 hours agoNews Editor

Alphabet launches second euro bond sale of the year in seven tranches

Alphabet, Google’s parent company, has launched its second euro-denominated bond sale of the year, according to ChainCatcher. The offering is structured in seven parts, with maturities ranging from 2 years to 19 years. Initial pricing guidance showed the shortest-dated tranche at about 60 basis points in spread, while the longest-dated tranche was indicated at 205 to 210 basis points. Barclays, BNP Paribas, and Deutsche Bank are managing the deal. Pricing is expected on Monday evening. The update did not disclose the total size of the issuance.

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Alphabet launches second euro bond sale of the year in seven tranches
Grok
8 hours agoNews Editor

Grok adds Alipay and UnionPay support as X bundles AI subscriptions

Elon Musk’s Grok has expanded payment support for users in Greater China, with its subscription page now allowing direct selection of mainland China as well as Hong Kong, Macao, and Taiwan. The change comes as Musk consolidates his AI-related products under a broader subscription structure. According to ChainCatcher, The X Subscription launched in October and combines Grok, Cursor, and X Premium into a single package. The plan is offered in multiple tiers, including Plus at $8 per month and Premium at $30 per month. Premium includes access to Grok Bot, Cursor, and X premium membership benefits. The report said Grok and Cursor share a weekly AI usage quota under the bundled plan. Calls to third-party models such as Claude and GPT still require additional payment. First-time Premium subscribers can get the first month at half price, bringing the cost down to $15. One user said the actual payment made through Alipay was about 100 yuan.

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Grok adds Alipay and UnionPay support as X bundles AI subscriptions
SK Hynix
8 hours agoNews Editor

SK Hynix earnings spotlight three routes for investors: stock, index ETF, or leveraged product

A market analysis jointly released by BIT Securities and CSOP Asset Management compares three ways to gain exposure after SK Hynix posted record quarterly results in the AI memory segment. The piece starts with a simple point: backing a company does not always mean buying only its stock, especially when the investment thesis is tied to a broader industry or supply chain. Using AI storage as the example, the article notes that SK Hynix, a key supplier in high-bandwidth memory, reported record results for the third quarter of 2026, with revenue of KRW 104.62 trillion, operating profit of KRW 83.33 trillion, and an operating margin of about 80%. It then contrasts direct ownership of SK Hynix shares with exposure through the 3121.HK CSOP KOSPI 200 ETF and the 7709.HK CSOP SK Hynix Daily Leveraged (2x) Product. The comparison focuses on concentration risk, fees, trading access, holding period, and drawdown behavior. The article says 3121.HK gives investors access to the Korean large-cap market but still carries meaningful semiconductor concentration, while 7709.HK is designed for daily leveraged exposure rather than multi-day holding. It also lists common ETF mistakes, including buying overlapping funds, relying on names alone, chasing recent gains, and treating daily leveraged products like ordinary index ETFs.

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SK Hynix earnings spotlight three routes for investors: stock, index ETF, or leveraged product
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