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Nearly 200 trillion SHIB (~$890M) sits in major exchange-linked wallets Arkham data shows the following balances across six identified wallets: 🇰🇷 Upbit: 63.96T SHIB (6.40%) | $284.6M 🟠 Robinhood Cold: 39.27T (3.93%) | $174.8M 🟡 Binance Cold: 35.34T (3.53%) | $157.3M 🔵 Crypto.com: 27.13T (2.71%) | $120.7M 🟠 Robinhood Cold: 16.54T (1.65%) | $73.6M 🇰🇷 Bithumb: 16.37T (1.64%) | $72.9M That's approximately 198.6 trillion SHIB, worth $883 million, across these wallets The figures show a significant concentration of SHIB in centralized exchange custody. These wallets can hold customer deposits, so the balances should not be read as tokens owned by the exchanges themselves.

Musk Says SpaceX Is Building a 'Sentient Sun' With 100 GW Solar Order Elon Musk says SpaceX is building toward a 'sentient sun,' revealing a massive solar manufacturing order tied to its planned Starmind AI satellites. SpaceX has ordered 100 GW/year of HJT solar manufacturing equipment from Germany's SINGULUS TECHNOLOGIES, Musk said. The goal: power AI computing satellites in orbit with sunlight rather than relying on electricity and cooling infrastructure on Earth. Singulus confirmed a €60M+ production-line contract, with the first equipment delivery expected in 2027. The broader partnership is designed to scale solar-cell manufacturing for Starmind.

Nearly 9 in 10 VC-Backed Startup Founders Get $0 at Exit, Study Finds Nearly 9 in 10 venture-backed startup founders receive nothing when their companies are sold or go public, a study of 248,454 founders found. Researchers from Wharton and the University of Zurich found that just 12% received a payout, with a median of $4.8 million after taxes. The wealth is heavily concentrated: the top 1% captured 79% of all founder exit value across 157,669 US startups tracked from 1987 to 2025.

Starlink's Satellite Software Could Help Train Musk's Superintelligent AI The software behind Starlink's satellite internet network is finding another potential use: training advanced AI models. @elonmusk said the technology developed to manage huge volumes of data moving between satellites and ground stations is also well suited to training superintelligent AI. The connection extends beyond a general comparison. In September, Musk said Grok's internally developed pre-training software was written primarily by the Starlink software team. The comments point to SpaceX applying engineering developed for its satellite network to its AI operations.

🔥Upbit Holds More Than $284 Million in $SHIB More than 64 trillion SHIB are sitting in wallets attributed to Upbit, one of South Korea's largest crypto exchanges. Arkham values the exchange's SHIB holdings at $284.15 million, making Shiba Inu its fifth-largest tracked asset by value, behind Bitcoin, Ethereum, Solana and Dogecoin. That's a substantial SHIB footprint on one of Asia's major crypto trading platforms.

SHIB Trading Volume Jumps 97.7% to Nearly $63 Million in 24 Hours Shiba Inu recorded $62.91 million in trading volume over the past 24 hours, a 97.7% increase that signals a sharp pickup in activity around the token. Trading volume tracks the total value of SHIB bought and sold. The surge shows that significantly more money changed hands, putting renewed attention on the meme coin. Whether that activity can translate into a sustained price recovery remains to be seen. Higher volume alongside rising prices would offer a stronger bullish signal, but the figure alone does not show whether buyers are gaining the upper hand.

Iran Accused of Hacking Fridges at 700 French Supermarkets Hackers remotely manipulated supermarket refrigeration systems across France, pushing temperatures as high as 50°C (122°F) and destroying food worth millions of euros. French officials have blamed Iran's Islamic Revolutionary Guard Corps (IRGC) for the October attacks, which affected around 700 stores. Paris prosecutors have opened an investigation into an IRGC-linked cyber unit, while Foreign Minister Jean-Noël Barrot says France will push for European sanctions against those responsible. Iran has not responded to the allegations.

Could $8 Billion Reopen the Strait of Hormuz? Iran's Proposal Heads to Trump Iran has reportedly offered to restore shipping through the strategic waterway in exchange for the release of $8 billion in frozen funds and the lifting of the US naval and economic blockade, Israel Hayom reports. The proposal, conveyed through Qatar's prime minister, would also require Iran to halt attacks on Gulf shipping. President Donald Trump is expected to discuss the proposal with the Qatari leader in Washington. But a deal is far from certain. Reports claimed that Washington has rejected Iran's broader terms, with US and Gulf officials expressing little confidence in an imminent breakthrough.

The New York Stock Exchange has selected Avalanche as the core ledger technology for clearing and settling trades on its upcoming tokenized securities platform. The system is being developed to support 24/7 trading and settlement of tokenized U.S. stocks and ETFs, subject to regulatory approval. NYSE says the platform will support equities listed on multiple blockchains, with Avalanche handling the ledger that records and settles trades.

North Korean Hackers Used Meme Coins to Move Stolen Binance Crypto North Korea-linked hackers are using meme coins to move stolen cryptocurrency. They created at least six tokens on the NEAR blockchain and used them to move about $430,000 taken in the Binance hack, according to blockchain analytics firm Elliptic. Each token cost roughly $90 to create. Between November 5 and 7, the hackers moved about 117,000 NEAR, worth $430,000, through trading pools linked to the tokens. In simple terms, they moved the stolen funds through one set of wallets and collected the money in others, making the trail harder to follow. The method does not make the transactions invisible. Investigators can still see them on the blockchain, but the extra steps make tracing the money more complicated. Elliptic says it observed a similar technique during the laundering of funds stolen in the 2025 Bybit hack.

PancakeSwap Delays CAKE Buyback and Burn for Security Upgrades Despite No Impact on User Funds PancakeSwap is postponing this week's CAKE buyback and burn until November 16 as it upgrades its infrastructure security and conducts internal checks. The decentralized exchange said the review affects contracts handling trading-fee buybacks, but stressed that neither the platform nor user funds have been affected. This week's burn of unused CAKE emissions will proceed as scheduled, while the postponed buyback and burn will be carried out in full next Monday. Trading, liquidity and other products remain operational.

Tesla to Shut Cybertruck Line in 8 Months Despite Orders Outpacing Production Tesla plans to shut down its Cybertruck production line in about eight months, even as orders outpace output, Elon Musk says. The company expects to build as many trucks as possible before closing the line, but says it will have to refund deposits to many customers. Musk says the decision isn't about profitability. Tesla is prioritizing Cybercab production, arguing the robotaxi offers greater value than the Cybertruck's manufacturing complexity.

Coinbase Just Got the Federal Banking Approval Crypto Has Been Chasing Coinbase has secured a full national trust charter from the US banking regulator, moving beyond its conditional approval in April. The Office of the Comptroller of the Currency's approval allows Coinbase National Trust Company to offer federally supervised crypto custody, fiduciary services and payments. The charter could strengthen Coinbase's appeal to institutional investors seeking regulated custody, including crypto ETF providers. But it comes with a major limitation: Coinbase cannot accept retail deposits or make traditional bank loans. The move brings one of crypto's biggest platforms deeper into the US financial system.

Trump Says DOJ Threatened AI Boss With Jail: 'Do You Like Orange?' President Donald Trump says the Justice Department threatened an executive at a major AI company with prison after the administration received reports of potentially harmful AI-related conduct. 'Get ready to go to jail. Please give your wife a kiss goodnight,' Trump recalled telling the unnamed figure during a CBS 60 Minutes interview. He refused to identify the executive or company, but said the person 'totally changed everything' after the warning. Trump added that he did not believe the conduct was necessarily malicious, though it could have been.

🚨 A tiny Optimism deposit allegedly unlocked Ankr's entire Ethereum bridge inventory. Blockaid says an attacker exploited Ankr's cross-chain bridge using five withdrawal calls, draining approximately $292,000 across five transactions. Hours earlier, the attacker had swept Ankr operator wallets across Ethereum, Arbitrum and Linea into a single wallet, then funded the relayer. The exploit remains ongoing, Blockaid warned. Stay SAFU out there!

SHIB Burns Surge 3,814% as 56.13M Tokens Burn in 24 Hours Shiba Inu's burn activity jumped sharply, with 56.13 million SHIB burned in 24 hours, according to shibarmy.io/burnchamber.html The 7-day total reached 134.57M SHIB, up 699.2%, while burns over the past 30 days climbed to 339.44M The milestone: SHIB has now reached 82.5% of its 411 trillion-token burn target.

Nvidia Probes Alleged Chinese Spy Plot as Jensen Huang Admits Affair Nvidia's board has launched an independent investigation into reports that CEO Jensen Huang was targeted by Chinese intelligence, adding to scrutiny of the company's leadership. In a message to employees, Huang admitted being unfaithful to his wife and apologized to his family, colleagues and shareholders. Reports allege he had a romantic relationship with Alice Huang, a Singapore-based technology executive suspected of working for Beijing. Nvidia's board said it has no reason to believe company secrets or U.S. national security were compromised. Huang has pledged to cooperate with the investigation.