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On October 23, a16z General Partner Chris Dixon announced that a16z crypto would be renamed a16z Frontier. The investment scope has expanded from crypto startups to a broader category of frontier technology startups, which are companies that create new technologies, open new markets, and may take years to mature. Dixon emphasized that this adjustment is an expansion of scope rather than a shift in direction, and the team will continue to invest in crypto and related businesses while advocating for reasonable crypto regulation.Dixon stated that as blockchain becomes more widely adopted, Wall Street and fintech companies have normalized the launch of on-chain products, and the importance of the "crypto company" label has diminished; companies should be defined by their business rather than the technology they use. His explanation also pointed to the AI wave, which not only focuses on using AI to perform existing tasks faster and better but also emphasizes the emergence of new native use cases, full-stack entrepreneurship that integrates software and hardware with services, and new networks that connect people with intelligent agents.Dixon believes that blockchain will continue to play an important role, providing the internet with a fast, cheap, global, and programmable funding track. Stablecoins are becoming standard tools for fintech and institutions, and they can also support machine-to-machine transactions and the cold start of new networks. The fund will be co-led by Dixon along with a16z founders Marc Andreessen, Ben Horowitz, and General Partners Eddy Lazzarin and Guy Wuollet, while the operating team will continue to serve existing and future portfolio companies in areas such as regulation, market entry, talent, marketing, and technology development.

The artificial intelligence company Anthropic is about to sprint towards its IPO. The draft prospectus shows that revenue in the first half of 2026 is expected to increase from $1.1 billion in the same period last year to $16.3 billion, while net losses are projected to widen from $13 billion to $80.7 billion. Of this, $72 billion comes from the accounting revaluation of financing instruments such as convertible notes; the increase in valuation makes the conversion rights more valuable, and the fair value increase of related financing liabilities needs to be recognized as a loss in the income statement, which does not represent an equivalent cash expenditure for the current period, but future conversions may dilute existing shareholders.The net loss for the entire last year was $42 billion, of which about $34 billion came from similar accounting adjustments. In the first half of the year, investments in computing power and infrastructure approached $9 billion, compared to $2.3 billion in the same period last year. The draft prospectus lists over $600 billion in future cloud services and chip-related contracts, with some commitments being irrevocable; if agreements still under negotiation are included, the potential total could reach $750 billion.

According to Gate market data, the South Korean KOSPI index has expanded its intraday decline to 4%, currently reported at 5503.73 points, with SK Hynix down over 6% and Samsung Electronics down over 4%.

According to Gate market data, the intraday increase of Brent crude oil has expanded to 1%, currently reported at 107.46 USD/barrel; WTI crude oil has risen nearly 1%, reported at 98.34 USD/barrel.

Dragonfly Managing Partner Haseeb Qureshi stated that there is a wave of attacks in the cybersecurity field that is "similar to the COVID-19 pandemic." He believes that on-chain hacking incidents are the "canary in the coal mine" for cybersecurity, as on-chain is the easiest place for cyber attacks to be monetized.He cited data from DefiLlama Research indicating that the number of on-chain hacking incidents has surged, but the annualized scale of stolen amounts is roughly equivalent to that of 2025, with losses per incident decreasing. He noted that most small protocols have been compromised, while large protocols are strengthening their defenses with AI tools. He anticipates that similar situations will also arise in the broader internet space.

Alex Gluchowski, CEO of Matter Labs, announced Prividium Commander at Money20/20 USA, pointing out that while most banks have tested blockchain, only a few have truly put it into production services. The crux of the issue lies in operational processes rather than the technology itself, including aspects such as issuance control, transfer processing, audit requirements, and compliance workflows.Prividium Commander is positioned as a unified control plane, allowing institutions to manage permissions, configure token functionalities, and set operational strategies all in one place, while also integrating with existing traditional financial systems of banks and being compatible with both public and private chain infrastructures. This product is built on Matter Labs' permissioned privacy blockchain platform, Prividium, which is based on ZK Stack technology, allowing institutions to run private chains on their own infrastructure and anchor transactions to Ethereum through zero-knowledge proofs, achieving Ethereum-level settlement finality without disclosing customer balances and transaction details.Matter Labs open-sourced the Prividium Core permission engine in September 2026, with the Deutsche Bundesbank being the first testing party. Cari Network has chosen Prividium to build a multi-bank tokenized deposit platform, with participants including regional banks such as Huntington and M&T Bank, planning to go live later in 2026. By mid-2026, Matter Labs had fully shifted its focus to the institutional privacy infrastructure of Prividium.

According to Gate market data, SpaceX's pre-market increase has expanded to 10%.

According to Catcher Predict monitoring, in the market prediction event "Commanders vs. 49ers" on Polymarket, the "Commanders" option in the sub-market "Spread -19.5" has experienced significant fluctuations in winning probability, soaring from 10.4% an hour ago to the current 28% (a fluctuation of 17.6%). Please note the impact of relevant breaking news.

According to a report by the Canadian Broadcasting Corporation (CBC), Aiden Pleterski, who claims to be the "King of Crypto," is on trial in the Ontario Superior Court. A senior forensic accountant from the Ontario Securities Commission testified that between 2020 and 2022, investors invested $36.3 million with him, of which he used nearly half for personal expenses. Specific expenditures included approximately $5.6 million on luxury cars, $4.9 million in credit card bills, $870,000 on travel and private jets, $598,000 on security costs, and nearly $3.7 million transferred to his parents. At the same time, he paid investors about $16.1 million as "returns."The accountant pointed out that investor funds were never transferred to the trading platform FXChoice as promised in the contracts, with only about $113,000 flowing to other forex and cryptocurrency platforms. The prosecution alleges that he guaranteed investment returns but did not actually trade, instead using the funds for personal consumption. Pleterski denies the charges of fraud and money laundering, and the case is still ongoing.

According to Gate market data, Strategy (MSTR) has expanded its decline to 6.46%, with a current price of 141.5 USD.On the news front, MSCI plans to adopt new regulations that will filter out companies whose asset structures and operational characteristics are more similar to investment funds rather than traditional operating enterprises, based on the proportion of operating assets and multiple financial ratio tests. Strategy has been listed as a potential candidate for removal due to its extremely high proportion of Bitcoin assets. The final list of affected companies is expected to be announced on November 11.The market believes that if MSTR is removed from the MSCI related indices, passive funds tracking these indices will be forced to reduce their holdings of its stock, potentially creating billions of dollars in selling pressure and posing a challenge to its model of continuously increasing Bitcoin holdings through equity financing.

According to Gate market data, the South Korean KOSPI index plummeted 8.00% during the day, currently reported at 5527.29 points. SK Hynix fell over 11%, and Samsung Electronics dropped over 9%.At the same time, the Korea Exchange activated the circuit breaker mechanism for the KOSDAQ, suspending trading for 20 minutes.

According to Catcher Predict monitoring, in the predicted market Polymarket for the event "Shanghai Rolex Masters: Alexander Zverev vs. Alexander Bublik," the sub-market "Shanghai Rolex Masters: Alexander Zverev vs. Alexander Bublik" saw the winning probability of the "Alexander Zverev" option experience a sharp fluctuation, plummeting from 65.5% an hour ago to the current 19.5% (a fluctuation of 46%). Please note the impact of relevant breaking news.

According to Catcher Predict monitoring, in the market prediction event "Dota 2: Team Yandex vs Team Spirit - BLAST Slam Playoffs" on Polymarket, the option "Team Yandex" in the sub-market "Match Winner" has experienced a sharp fluctuation in winning probability, dropping from 67.5% an hour ago to the current 49.5% (a fluctuation of 18%). Please note the impact of relevant breaking news.

According to X user @0xJohannes, a Ledger hardware wallet purchased from an official dealer in Europe a few weeks ago was found to contain an unauthorized spy implant. The device has suspicious circuitry inside that genuine Ledger hardware does not possess, indicating it may have been physically tampered with before sale.The implant is suspected to be an older version, as newer versions typically hide components behind the screen. Funds in the affected devices have not yet been stolen. Currently, there are suspected case reports in Asia, South America, and Europe. If the original security components remain intact, Ledger's software Genuine Check cannot detect unauthorized physical modifications.

According to Catcher Predict monitoring, in the market prediction event on Polymarket "Dota 2: Team Yandex vs Team Spirit - BLAST Slam Playoffs," the "Over" option in the sub-market "O/U 2.5 games" has experienced a sharp fluctuation in win rate, plummeting from 45.5% an hour ago to the current 22% (a fluctuation of 23.5%). Please note the impact of relevant breaking news.

According to Catcher Predict monitoring, in the market prediction event "Dota 2: PARIVISION vs Team Yandex - BLAST Slam Playoffs" on Polymarket, the "Over" option in the sub-market "O/U 2.5 games" has experienced a sharp fluctuation in win rate, dropping from 48% an hour ago to the current 30% (a fluctuation of 18%). Please note the impact of related breaking news.

According to Catcher Predict monitoring, in the market prediction event "Dota 2: Team Yandex vs. LGD Gaming - BLAST Slam Playoffs" on Polymarket, the "Over" option in the sub-market "O/U 2.5 games" has experienced significant fluctuations, rising from 22.5% an hour ago to the current 39.5% (a fluctuation of 17%). Please note the impact of related breaking news.

According to the "United Against Nuclear Iran" (UANI), the U.S. blockade against Iran has resulted in at least 50 oil tankers loaded with Iranian oil being stranded off the coast of Iran, and another 20 vessels flying the Iranian flag are anchored near Sri Lanka.

According to Catcher Predict monitoring, in the market prediction on Polymarket for the event "China Open: Alexander Zverev vs Novak Djokovic," the sub-market "China Open: Alexander Zverev vs Novak Djokovic" for the option "Alexander Zverev" has experienced a sharp fluctuation in winning probability, dropping from 87.5% an hour ago to the current 58.5% (a fluctuation of 29%). Please note the impact of related breaking news.

According to Catcher Predict monitoring, in the Polymarket event "Colts vs. Commanders," the "Commanders" option in the sub-market "1H Spread -16.5" experienced significant fluctuations in winning probability, soaring from 3.35% an hour ago to the current 23.35% (a fluctuation of 20%). Please note the impact of related breaking news.