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According to The Block, the New York State Department of Financial Services has issued new guidelines for advertising and marketing requirements for licensed cryptocurrency entities in the state, which include avoiding misleading or deceptive content. Acting Superintendent Kaitlin Asrow stated in a press release that today's guidelines reinforce the commitment to protecting New York residents and ensure that advertising and marketing practices in the virtual currency space are clear, comprehensive, and accessible.The New York State Department of Financial Services announced on the same day that these guidelines apply to virtual currency entities licensed or chartered by the department, requiring them to establish and implement policies and procedures for advertising and marketing materials related to virtual currency products, services, and activities, with a focus on content accuracy, clear disclosures, and governance and review processes. Relevant entities must update their policies and procedures according to the guidelines by May 10, 2027, review them at least once a year, and maintain records for regulatory inspection. The Department of Financial Services will assess the implementation and effectiveness of these policies and procedures through examinations and ongoing supervision.Common practices listed in the guidelines include: reviewing marketing claims to ensure they fairly present products, services, or activities, are supported by evidence and verifiable, and do not contain exaggerated or false statements about performance or regulatory status; customer disclosures should be clear, prominent, easily understandable to the general audience, and clearly identify the entity providing the products, services, or activities; establishing governance review processes for advertising and marketing materials, designating responsible parties, conducting due diligence on third-party promoters, and promptly monitoring and addressing instances of fraudulent or improper use of their name or brand by others.

According to Seoul Economic Daily on November 12, British artificial intelligence infrastructure company Nscale is advancing the construction of more than two artificial intelligence data centers in South Korea. The company established its Korean entity, Nscale Service KR, in July 2026, responsible for data center investment, development, operation, and management. Nscale was founded in 2024, independently procures graphics processing units, and operates artificial intelligence data centers, with a corporate value of approximately 35 billion USD, equivalent to about 47 trillion Korean Won, and is pushing for a listing in the United States.The project has been confirmed to be located in Gumi, North Gyeongsang Province. The original plan was to construct a phase one artificial intelligence data center with a scale of 300 megawatts as a consortium, but it has since changed to be built separately by Nscale and other participants. The data center for which Nscale is responsible is currently undergoing licensing and preparing to commence construction. The company is also evaluating the addition of data centers in other regions of South Korea, through methods including new site construction, renovation of existing facilities, and leasing data centers from other companies. An industry insider who requested anonymity stated that Nscale has previously renovated old data centers overseas and installed graphics processing server units to reduce capital burdens, and may propose similar collaborations to South Korean companies.Additionally, according to the report, the American cloud company CoreWeave is also advancing the construction of data centers in South Korea and appointed Kim Hyun-sik, who previously worked at Microsoft and SoftBank, as the head of its Korean subsidiary last year. The artificial intelligence data center being built by Amazon Web Services and SK Group in Ulsan is scheduled to begin operations next year, and Microsoft has recently started construction on its third data center in Busan. Goldman Sachs analysis indicates that after the Democratic Party's victories in U.S. state and local elections, about 45% of the planned capacity expansions for artificial intelligence data centers in the U.S. may be affected by regulations. CoreWeave stated in a conference call on November 11 that it is expanding its business in Canada, Europe, and Asia to diversify regional regulatory risks. The South Korean government is promoting differentiated electricity pricing by region and a dedicated electricity pricing plan for artificial intelligence data centers.

British AI chip startup Fractile has completed a $720 million Series C funding round and plans to deliver its first batch of chips and systems next year.

According to The Block, the High Court of Scotland sentenced Robert Barr to eight years in prison for remotely orchestrating a theft of approximately £2 million (about $2.7 million) in cryptocurrency while serving his sentence in Edinburgh prison. Two accomplices, Iain Doyle and Sean Favier, received sentences of five years and four years, respectively; all three had previously pleaded guilty to involvement in organized serious crime.The court revealed the method of operation: Barr had his accomplices enter the victim's home and asked the homeowner to download the remote control software AnyDesk, which he then used from prison to control the couple's computer, inputting a receiving address he controlled to transfer funds from the victim's wallet. On the evening of April 17, 2024, around 11:30 PM, Favier and Doyle arrived at the couple's residence but were captured on the doorbell camera; the homeowner refused to open the door, and the two were unable to enter, resulting in a failed plan.Judge Lord Cubie described this as "a crime that combines 21st-century computer technology with old-fashioned burglary." On June 25, 2024, police seized Barr's mobile phone and discovered detailed messages directing his two accomplices; the judge noted that Barr had previously served 21 months for cryptocurrency-related fraud but organized crime again while in prison, which constituted "significant aggravating circumstances." If convicted at trial, he should have received a sentence of eight years and ten months. Barr is scheduled to attend a serious crime prevention order hearing on November 17.

The Scottish High Court sentenced 29-year-old Robert Barr to 8 years in prison for allegedly planning to steal cryptocurrency while in prison, with the amount involved reaching up to £2 million (approximately $2.7 million). Co-defendants Sean Favier (26) and Iain Doyle (37) both admitted to participating in serious organized crime, receiving sentences of 4 years and 5 years, respectively. Judge Lord Cubie stated that this case combines 21st-century computer technology with old-fashioned burglary.According to court disclosures, Barr's plan was to have Favier and Doyle enter a residence near Midlothian, Edinburgh, and force the victim to install remote control software AnyDesk on their computer, allowing Barr, who was serving a 21-month fraud sentence at HMP Edinburgh at the time, to remotely control the computer and transfer cryptocurrency into a wallet under his control. Around 11:30 PM on April 17, 2024, the two arrived at the residence, but the homeowner couple discovered them through the doorbell camera and refused to open the door, causing the plan to fail.Investigators recovered months of preparations from Barr's phone, which was seized in June 2024, including identifying the victim, collecting photos of the house, and conducting reconnaissance. The phone messages explicitly mentioned threats or violence. The victim is a co-founder of a cryptocurrency startup, whose accomplices had previously stolen a cryptocurrency wallet in January 2024 but were unable to access the funds due to a lack of a PIN code. Prosecutors described Barr as a "seasoned cybercriminal." The judge will consider issuing a serious crime prevention order against him on November 17, and Barr is currently detained due to potential extradition matters. According to a report by Chainalysis, the amount stolen in such "ransom attacks" exceeded $30 million in the first half of 2026.

Kraken's parent company Payward's tokenized stock framework xStocks announced the launch of the first batch of stock tokens for UK and EU listed companies, covering over 200 actively traded listed companies in the UK and EU, with more stocks to be rolled out in the future. xStocks stated that hundreds of Hong Kong stock tokens will be launched in the coming weeks, followed by expansion to more international markets.This expansion is driven by the collaboration between Payward Services and the fintech company GTN, with GTN responsible for the global execution and custody of the underlying traditional assets. The new tokens are backed 1:1 by the underlying stocks and can be traded on Kraken and the xStocks Alliance collaborative platform after launch, and have already integrated with the DeFi ecosystems of chains such as Solana, Ethereum, TON, Ink, and X Layer.Previously, Payward reached a tokenization cooperation with the London Stock Exchange. Subject to regulatory approval, the London Stock Exchange plans to launch xStocks in 2027 and trade on LSE 24. Currently, xStocks is still not open to UK investors.

Grayscale announced the launch of the investor education platform Zcash Invest and placed a cover advertisement in the print edition of The Wall Street Journal to promote Zcash and its Zcash ETF (ZCSH). This promotional campaign will also cover channels such as outdoor advertising, streaming media, and social media.Grayscale plans to use all the initiation fees collected in the first year for ZCSH as an exchange-traded product (ETP) to support the development, promotion, and education of the Zcash network, and plans to provide $1 million in funding to relevant nonprofit organizations and projects.The first $400,000 has been granted to the Zcash Foundation, Pretty Good Policy for Zcash, Shielded Labs, and Project Tachyon, with each receiving $100,000.

The official account of the AI assistant Grok Bot stated that its team has developed a Team Bot called "Data Bot," allowing everyone in the company to receive data scientist-level support on demand.According to the introduction, product managers use it to investigate product usage, marketing personnel use it to measure the effectiveness of marketing campaigns, and various teams within the company use it to build data dashboards and track key metrics.

According to Catcher Predict monitoring, the probability of the "Yes" option in the sub-market "Bobby Portis Jr.: Points O/U 11.5" for the event "Pacers vs. Heat" on the prediction market Polymarket has experienced a sharp fluctuation, rising from 26% an hour ago to the current 44% (a fluctuation of 18%). Please note the impact of related breaking news.

On October 30, Foreign Ministry spokesperson Guo Jiakun stated at a press conference that the U.S. side generalizes the concept of national security, abuses national power, and unjustly suppresses Chinese enterprises. China firmly opposes and is strongly dissatisfied with this. The actions of the U.S. side seriously hinder normal economic and trade exchanges between Chinese and American enterprises, which do not align with the interests of all parties. China will take necessary measures to safeguard its legitimate rights and interests.

The British pound faced selling pressure against the US dollar during the Asian session, dropping to around 1.33. The US dollar strengthened due to expectations of another interest rate hike by the Federal Reserve this year, with CME tools indicating an approximately 80% probability of a rate hike in December. Geopolitical uncertainty supports the US dollar, while the downside potential for the British pound is limited by expectations regarding the Bank of England's policy.

Alphabet (GOOG.O) executives stated that they are expanding AI-based advertising to international markets.

The Wall Street Journal has published full-page paid advertisements in the past two days, themed "YOUR STOCK. THEIR TOKENS. YOUR PROBLEM." The Chinese expression is a reminder to CEOs of publicly listed companies: your stock, their tokens, your problem, warning the public about the risks of stock tokenization.The advertisement is funded by the American conservative nonprofit organization Common Sense Leadership Fund, warning that the cryptocurrency industry will tokenize company shares in unregulated venues and listing eight major risks: pricing divergence, ownership ambiguity, impaired capital raising, cyber theft, market manipulation, AML loopholes, lack of investor protection, and potential legal liabilities.Previously, a total of 22 companies, including Microsoft, Goldman Sachs, McDonald's, and Alphabet, have expressed opposition. The related documents outline the rules of the collaboration project between OKX and the Intercontinental Exchange (ICE) and list the companies that have opposed it, but do not specify the exact reasons for their opposition.

According to a report from TechCrunch, Elon Musk announced that Grok would release a full-length, "historically accurate" movie version of "The Odyssey" three months later. On October 23, Grok released the first seven minutes of this AI-generated content, calling it "the first episode of our Odyssey series." This version was produced in collaboration with Wonder Studios and director Dev Walker. The Grok Imagine account posted on X, stating that viewers could comment on whether a complete production analysis is needed.The report mentioned that Musk previously criticized Christopher Nolan's version of "The Odyssey" because Nolan cast non-white and transgender actors. Although Nolan's version heavily utilized visual effects, it was still primarily a live-action film, shot across six countries with thousands of cast and crew members. After its release in July, the film achieved impressive box office results, with IMAX screenings sold out for several months, and it is considered a strong contender for the next Academy Awards.The TechCrunch author, after watching, stated that the video was not as bad as expected; some shots could be mistaken for real actors sailing on real seas, but the historical accuracy could not be determined. The author felt that the footage lacked artistry, inspiration, and warmth; the narration was lengthy, the dialogue stiff, and overall it lacked a sense of breath and momentum, making it hard to imagine that viewers would be interested in another seven minutes or even a whole movie.

According to Bitcoin Magazine, payment company Block has launched its first Bitcoin advertising campaign aimed at the general consumer, titled "Bitcoin Does," targeting approximately 60 million American users who are curious about Bitcoin but have yet to take the first step. The campaign is led by Maria Pesce, Block's head of Bitcoin marketing, who is responsible for Bitcoin-related marketing across three business lines: Cash App, Square, and Proto.Maria Pesce stated that the advertisements intentionally skip over the science of mining and blockchain principles, directly showcasing how Bitcoin can be used in real-life scenarios. She mentioned that the related creative ideas came from customer research: one Square merchant referred to Bitcoin as "a more honest currency," while topics such as inflation, relief, and private equity formed the narrative backdrop of the advertisement films. Additionally, fixed supply, self-custody, and the choices of younger users are also key points of communication.Block also set up an interactive installation called "Lightning Lake" at the ComplexCon event, where participants could fish for Bitcoin and complete payments through the Lightning Network. Square currently charges a 0% processing fee for Bitcoin transactions, and Block hopes to make the experience of using Bitcoin as commonplace as sending an email.

The super political action committee Digital Freedom Fund, initiated by Gemini co-founders Cameron Winklevoss and Tyler Winklevoss in 2025, submitted documents to the Federal Election Commission on Tuesday, reporting for the first time advertising expenses exceeding $81,000 to support Republican candidate Ken Paxton's campaign for the Texas Senate seat, while opposing Democratic candidate James Talarico. Early voting in Texas began on October 19, with Election Day on November 3.As of September 30, the PAC has raised approximately $34 million, and its expenditures are not limited to Texas. Documents show its involvement in the Ohio Senate race between Republican candidate Jon Husted and Democratic candidate Sherrod Brown, bringing its total support for Husted to about $7 million. Another crypto industry PAC, Fairshake, also reported over $13 million in direct mail advertising expenditures this week, with approximately $9 million supporting Husted and over $4 million opposing independent candidate Dan Osborn in the Nebraska Senate election.These expenditures indicate potential support for candidates who favor crypto policies and legislation. Prediction contracts from Kalshi and Polymarket suggest that Democrats are favored to regain majority control of the House and Senate by 2027, and the majority party in both chambers will influence the legislative process for bills like the Digital Asset Market Structure Act, which failed to pass procedural voting in the Senate last month. Paxton previously defeated incumbent Senator John Cornyn in the May Republican primary, receiving over $500,000 in advertising support from the Fellowship PAC, backed by Anchorage Digital and Cantor Fitzgerald, with the funds executed through the Nxum Group co-founded by Bo Hines.

The Blockchain Association stated that it has sent a letter to the leadership of both the House and Senate, urging Congress to advance prudent, bipartisan digital asset tax legislation, and launched TaxClarityforAmerica.com for the public to understand the principles, view congressional progress, and contact legislators.The association noted that approximately 67 million Americans hold and use digital assets, but the current tax system is outdated, leading to uncertainty for taxpayers, excessive compliance burdens, and forcing innovation to move overseas.Its "Digital Asset Tax Principles" include: a meaningful small exemption; taxation of mining and staking rewards as newly created property upon disposal; reporting arrangements that protect taxpayer privacy; tax compliance based on economic substance rather than technical form; and wash sale rules that do not penalize everyday activities while preventing abuse.The association also stated that the House Ways and Means Committee had previously advanced legislation related to digital asset taxation, and Senator Steve Daines has also introduced a Senate version. Congress is in recess until after the elections on November 3, and there remains a legislative window during the short session.

Netflix's U.S. stock fell 6.1% in pre-market trading after its fourth-quarter profit forecast fell short of expectations, and the company lowered its full-year advertising revenue forecast.