FoundationHQ was attacked, with attackers sending over 23,000 phishing emails.

South Korean AI chip startup FuriosaAI has raised $620 million in Series D funding, valuing the company at $2.9 billion. Investors include Infinitum Partners, the Korea National Growth Fund, Jericho Capital, Worldline Capital, QUDA Capital, and NeoFort Holding. Existing shareholders Naver, Korea Development Bank, DSC Investment, Nextrans, and Kakao Investment also participated. This marks the first time the Export-Import Bank of Korea has directly invested in a startup. (Source: Bloomberg)

US President Trump acknowledged that Vice President Vance had written to Iranian officials, stating that the letter concerned providing medical supplies to Iran, but denied that Vance had been instructed to restart peace talks. (Source: Wall Street Journal)

Federal Reserve Chairman Kevin Warsh has decided to adjust the FOMC meeting schedule starting next fall. The Fed will hold eight meetings in 2027, one of which will not vote on monetary policy rates or issue a policy statement, but will only discuss policy strategy. In 2028, there will be two meetings dedicated to discussing policy strategy and will not vote on policy rates. These meetings are not considered formal policy decision-making meetings.

On October 29, the Hong Kong Monetary Authority kept the base rate at 4.25%.

According to CryptoQuant data, the total amount of Bitcoin held by publicly traded companies has reached 1.3 million, a 31% increase in the past 14 months, with Strategy contributing 71% of that growth.