- Data shows open interest on Polymarket fell 64% from $510.95M on November 5 to $184.16M by November 8, highlighting the platform's reliance on political betting (MK Manoylov/The Block)
- The 2024 US election cycle showed how crypto has turned out to be a practically perfect special interest group for an era of unlimited corporate spending (Zeke Faux/Bloomberg)
- Ethereum Foundation financial report: $970.2M in treasury as of Oct. 31, down from $1.6B in March 2022; ~80% of holdings in ETH, which declined 20%+ since 2022 (Margaux Nijkerk/CoinDesk)
- Tencent partners with Visa to launch a palm biometric authentication payment service at stores and restaurants in Singapore, its first expansion outside China (Nikkei Asia)
- Source: AI coding assistant startup Anysphere has received unsolicited offers valuing the company at as much as $2.5B from Benchmark, Index, a16z, and others (Marina Temkin/TechCrunch)
- Swiggy closes an oversubscribed ~$1.4B IPO, as investors bet on a quick commerce boom; analysts expect the company to make a muted stock market debut next week (Hritam Mukherjee/Reuters)
- ChatGPT gave ~2M responses asking users to get election news elsewhere on Nov. 5 and Nov. 6, and rejected 250K+ requests for DALL-E images of Trump and others (Devin Coldewey/TechCrunch)
- In an email in May, the NHTSA warned Tesla that its online posts falsely suggested that its cars are autonomous, potentially misleading and endangering drivers (Lora Kolodny/CNBC)
- Experts say a new feature in iOS 18.1 causes iPhone to reboot after few days of inactivity, which improves security and has caused concern among law enforcement (Joseph Cox/404 Media)
- Sources: Upwind, which sells tools to secure cloud infrastructure, is raising a $100M Series B at a $850M-$900M valuation, after raising $50M in September 2023 (Ingrid Lunden/TechCrunch)
- A US judge sentences Russian-Swedish national Roman Sterlingov to 12.5 years for operating crypto mixer Bitcoin Fog from 2011 to 2021, laundering ~$400M (Sabrina Willmer/Bloomberg)
- A Michigan man, a member of an online terrorist network called 764, is sentenced to 30 years in prison for preying on kids in Discord servers and chat rooms (Ashley Belanger/Ars Technica)
- Google rolls out its Gemini-powered Vids app that lets users create video presentations using a prompt, with full access for Workspace users until at least 2026 (Umar Shakir/The Verge)
- Amazon is testing grocery formats that pull together fulfillment networks for Whole Foods and Amazon Fresh stores into a common delivery platform (Liz Young/Wall Street Journal)
- Experts say the Trump administration's approach to cybersecurity is likely to focus on confronting China, relaxing regulations, narrowing CISA's focus, and more (Margi Murphy/Bloomberg)