development

Analyst Ming-Chi Kuo stated that Jensen Huang's departure could create market opportunities for Google's self-developed AI chip TPU. Kuo mentioned that Tim Cook excels in cost management, but Jensen Huang performs better in new technology planning and development.

DeFi Development Corp preferred stock CHAD raised enough funds to purchase over 1170 Solana, setting a new daily record.

According to the Hong Kong Securities and Futures Commission, it co-hosted a seminar with the Hong Kong Monetary Authority on November 11, attended by over 200 industry professionals. The seminar topics included the opportunities brought by tokenization for secondary market trading and corporate treasury management, financial infrastructure optimization measures supporting payment and liquidity management, the role of virtual asset trading platforms in facilitating tokenized fund trading and providing liquidity, as well as cases promoting the broader application of tokenized currencies and tokenized investment products.The Executive Director of the Investment Products Division of the Hong Kong Securities and Futures Commission, Wu Jiali, stated that the development of tokenization in Hong Kong is moving from the experimental stage to commercial application, with the next phase focusing on integrating tokenized investment products, digital currencies, and financial infrastructure to drive practical applications. The Assistant Chief Executive (Financial Infrastructure) of the Hong Kong Monetary Authority, Zhou Wenzheng, stated that the Monetary Authority will continue to work closely with the Securities and Futures Commission to promote responsible innovation in the field of tokenization.

According to GlobeNewswire, Solana Treasury Company DeFi Development (Nasdaq: DFDV) Chief Financial Officer John Han has been promoted to Chief Operating Officer while continuing to serve as Chief Financial Officer, responsible for the company's daily business operations and cross-departmental coordination, and will continue to lead financial strategy, capital market activities, and financial reporting.

The non-profit research organization Ethlabs stated that the EIP-8037 and EIP-8038 in the Ethereum Glamsterdam upgrade involve adjustments to Gas costs and billing mechanisms, which may affect some already deployed smart contracts. Ethlabs recommends postponing modifications to the upgrade specifications or determining the fork date for the Hoodi testnet until the results of external audits are published and the relevant impacts are clarified. The final decision will be made by the Ethereum Core Developers Meeting (ACD).The two external audits commissioned by the Ethereum Foundation from ChainSecurity and Dedaub are expected to be published before November 16. On the same day, a public Q&A will be held during the ACD testing meeting. The ACD executive meeting on November 19 is expected to discuss the audit results and may decide whether to modify the upgrade specifications.Glamsterdam aims to increase the Ethereum Gas limit per block from 60 million to 200 million. Ethlabs pointed out that adjustments to Gas costs may affect contracts and tools with hardcoded operational costs, and changes in the billing mechanism may also cause some deployed contracts to exhibit unexpected behavior. For example, after an internal call rollback, the remaining Gas returned by gasleft() may actually increase, affecting the contract's judgment on whether the call failed due to Gas exhaustion.

According to DeFi Development Corp (Nasdaq: DFDV) 8-K filing on November 9, the company increased its holdings of 8,881 SOL from 2,600,948 on October 30 to 2,609,829 on November 6 during the period from November 2 to 6.The company stated that these positions are planned to be deployed through staking, validators, and on-chain treasury infrastructure, depending on market conditions and risk control.

According to reports from Major Factory Daily, on November 10th at 20:30, Luo Yonghao will debut the AI development product TRAE from ByteDance in the "Let's Make Friends" live streaming room. This live stream will not be a conventional product parameter explanation; Luo Yonghao will demonstrate the use of TRAE on-site, converting ideas directly into runnable applications through natural language.During the Double Eleven period, this live streaming room will launch exclusive promotional activities, with a limited-time price of 9.9 yuan for new users of TRAE Lite monthly subscription, while also listing the full range of annual subscription products: Lite, Pro, and Ultra. Reports indicate that AI programming tools are lowering the barriers to software development, allowing ordinary users without a technical background to develop personal management systems or product prototypes. This live stream marks the extension of the Double Eleven AI marketing battle from selling computing power (Tokens) to monetizing personal development and creativity.

Samsung Electronics plans to complete the development of advanced packaging technology 3D Cube-H by early 2027 and finish the first design kit, followed by evaluations with potential customers. This technology achieves vertical stacking of chips based on hybrid bonding, primarily targeting high-performance AI semiconductors, which can be used to stack logic chips such as GPUs or integrate logic chips on memory chips like HBM.Samsung Electronics has previously developed 3D Cube-T using thermocompression bonding technology and is currently advancing 3D Cube-H with a terminal pitch of about 6 micrometers, while the minimum terminal pitch for thermocompression bonded chips is about 25 micrometers. Hybrid bonding connects copper materials directly between chips, allowing for reduced terminal pitch, increased connection density, and lower energy consumption per bit, with thermal characteristics that differ from thermocompression bonding solutions.

The XRP Ledger Foundation's 2027 roadmap outlines the anti-quantum signature amendment, planning to first study migration solutions, and then advance development and auditing.

According to a post by Alon (@a1lon9), co-founder of Pumpfun, the development company behind Pumpfun, Baton Corporation, is hiring for three business development (BD) positions: perpetual contract BD, prediction market BD, and trading terminal BD.Alon stated that to expand the social network of the Pumpfun application, it is necessary to attract excellent traders from various markets, including on-chain speculative trading, perpetual contracts, and prediction markets. Applicants must have at least 2 years of experience leading BD at a crypto platform and have significant business results. The positions are preferred to be based in New York, but exceptionally qualified candidates may be considered for remote work.

EEZ launched the Rollup X development network at Devcon, demonstrating the invocation of Ethereum mainnet liquidity and cross-chain contracts within a single transaction.

According to CryptoBriefing, the Ethereum Economic Zone (EEZ), jointly initiated by Gnosis and Zisk and funded by the Ethereum Foundation, launched the Rollup X development testnet (devnet) at Devcon 8 to demonstrate synchronous composability. The EEZ aims to connect applications on dedicated chains through Ethereum's neutral infrastructure, enabling atomic cross-chain execution, allowing one EEZ rollup or a contract on the Ethereum mainnet to call another contract in a single transaction, with ETH as the default gas token, without introducing new tokens.The EEZ is governed by a Swiss non-profit organization, with alliance members including Aave, Safe, and Centrifuge. Gnosis Chain plans to migrate to the EEZ rollup in the spring of 2027, becoming the first major active network to test this framework. The report notes that its risks lie in the high technical difficulty, and multi-system atomic execution may expand the attack surface.

According to CoinDesk, after the Democratic Party won the U.S. midterm elections and will control both houses of Congress, Grayscale's research director Zach Pandl stated that the foundation for the development of the cryptocurrency industry is stronger than the efforts of the previous Congress. The industry has characteristics of bipartisanship, globalization, and institutionalization, and will not stagnate due to election results.Grayscale previously estimated that 80% to 85% of global cryptocurrency activity occurs outside the United States; however, this data is only indicative, and some metrics cover all of North America. BlackRock's digital assets head Robert Mitchnick stated before the election results were announced that the election would have "little impact" on their product issuance and capital inflows, as Bitcoin and Ethereum already possess most of the regulatory clarity required for investment products.

According to Axios, OpenAI will acquire the development tool startup Pierre Computer. The technology of this startup has been integrated into OpenAI's code generation model Codex.As AI entities take on more programming tasks, OpenAI is joining the ranks of those challenging Microsoft's GitHub.

According to Gelonghui, citing the China Academy of Information and Communications Technology, on November 4, a joint release of the "Self-Regulatory Convention for the Development of Intelligent Agents" was made by 20 entities including the China Academy of Information and Communications Technology, Huawei, Alibaba, Tencent, and Xiaomi.The convention mentions the construction of interconnected infrastructure for intelligent agents, co-building interoperable infrastructure, developing technologies and standards for intelligent agent registration and resolution, capability description and discovery, intent understanding and transformation, network routing and connection, resource scheduling and measurement, protocol compatibility and mutual recognition, continuously reducing the cost of cross-domain discovery and connection for intelligent agents, and supporting the interconnected collaboration of intelligent agents.The convention also mentions accelerating the empowerment of intelligent agents across various industries, adhering to serving the real economy, developing low-threshold tools for intelligent agent development and deployment, collaborating on research and development of intelligent agents aimed at real operational scenarios that create actual value, promoting the embedding of intelligent agents into existing production systems and business processes, creating benchmark applications, continuously reducing the cost of implementing intelligent agents, and assisting industries in improving quality and efficiency.

ViaBTC mining pool and CoinEx trading platform founder and CEO Yang Haipo posted on X, commenting on the Binance security incident. He stated that the incident exposed at least three avoidable mistakes, which do not require complex technology; what is lacking is discipline.Yang Haipo pointed out that first, the development and operation environments were not completely isolated. Personnel with production environment permissions should use dedicated devices and not install third-party software; coding, chatting, and web browsing should be done on another device. Second, the operation and maintenance system lacked effective dual verification. A single key could operate production services, and once the key was leaked, attackers could gain full production access. He believes that production operations could be conducted in a manner similar to AWS browser-based Session Manager, using hardware security keys as a second factor to prevent a single credential leak from constituting a breach. Third, MPC multi-signature is merely nominal; the signers did not perform substantial independent verification of the transactions. Compromising one node could render the entire mechanism ineffective, resulting in the same effect as a single signature. Multi-signature is only effective when the signers do not trust each other, independently verify the transaction itself, rather than trusting upstream requests.On November 3, Binance released preliminary investigation results regarding the security incident on October 29. Binance stated that approximately $6.34 billion in digital assets were affected, and as of the update, about $2.85 billion had been frozen or intercepted, with 98% of the affected tokens having been replenished. The report indicated that attackers gained unauthorized access to the internal wallet signature service and exploited Ethereum EIP-7702 to authorize the hot wallet; due to the hot wallet using multi-party computation, it could not immediately revoke the relevant authorization with a single private key. Binance cited information from the FBI stating that North Korea is responsible for this incident.

On November 3, the National Development and Reform Commission held a series of press conferences on advancing the "14th Five-Year Plan," introducing information on cultivating and strengthening new driving forces. Wang Ruomeng, Deputy Director of the Department of Innovation and High Technology Development of the National Development and Reform Commission, stated that there is a broad consensus in society on the coexistence of opportunities and risks in artificial intelligence. During the "14th Five-Year Plan" period, development and security will be coordinated, with security integrated throughout the research, application, and governance of artificial intelligence.Wang Ruomeng emphasized four key areas of work. First, improve the governance rule system, accelerate the promotion of foundational and comprehensive legislation for artificial intelligence, enhance legislation to protect common elements such as data, computing power, and algorithms, as well as to regulate key application scenarios, establish safety standards and ethical guidelines covering the entire lifecycle, and conduct periodic assessments of the implementation of these systems. Second, optimize the regulatory environment, reasonably set a transition period for regulatory policies, provide compliance guidance for applications across different industries, support the establishment of regulatory sandboxes for artificial intelligence in various fields, and improve the management mechanisms for application, testing, use, and exit.Third, clarify the collaborative governance responsibilities of government departments, industry organizations, enterprises, and the public, promote developers and operators to strengthen risk management awareness, timely disclose safety risks, and proactively report safety incidents and vulnerability information. Fourth, address the impact of artificial intelligence on society, pay attention to changes in employment structure, promote the inclusion of new professions such as model trainers and data annotators into the national occupational classification system, and strengthen monitoring and early warning of employment replacement risks; enhance traceability capabilities for issues such as algorithmic discrimination, deep forgery, and privacy breaches, while also strengthening guidance and intervention to prevent addiction and emotional dependence.

Arthur Hayes announced on the X platform that the FLOP development testnet (Devnet) is now open to builders. Developers can access the test FLOP, browse blocks, and invoke verified inference services through their proxies.Hayes reminds that the tokens on the development testnet have no value, do not generate rewards or airdrop weight, and the chain may reset. There are currently no FLOP tokens, users should never share their mnemonic phrases, and should verify information through official links.

Bitcoin Treasuries posted on platform X that DeFi Development Corp increased its holdings by 5,336 Solana, currently holding a total of 2.6 million SOL.CEO Joseph Onorati stated that tokenization will become an important driving force for the long-term development of SOL, and the company is continuously increasing its holdings based on this.