On Tuesday, the South Korean KOSPI index plummeted 4% in the first hour of trading, triggering a sell circuit breaker after about two months. Due to fluctuations in the KOSPI 200 index futures, the effectiveness of selling quotes in the securities market program has been suspended for 5 minutes. When triggered, the KOSPI 200 futures index closed at 955.02 points, a decrease of 51.20 points or 5.08% from the previous trading day's closing price. Selling circuit breakers in the securities market are triggered when the KOSPI 200 futures index drops by more than 5% and lasts for 1 minute. This is the first time the KOSPI market has triggered a circuit breaker since August 20th, and the first time a circuit breaker has been sold since August 19th.

Tom Lee stated on X platform that the significant decline in the South Korean stock market may affect the cryptocurrency market, due to factors such as brokerage margin clearing and South Korean investors holding large amounts of cryptocurrency assets, which will put pressure on the market in the short term.

The South Korean stock index fell sharply, and the exchange launched the KOSPI index side car mechanism.

[Elon Musk Donates Over $276 Million to Republicans, Becomes Largest Donor in U.S. Election History] Since July, Elon Musk has donated over $276 million to Republican groups and super PACs, making him the largest donor in the history of U.S. midterm elections. During the 2025-2026 election cycle, Musk's total contributions to federal committees reached $366 million, surpassing the $290 million he invested in the 2024 elections. Musk donated $158 million to the 'Senate Leadership Fund' and injected over $76 million into 'America PAC.' (Source: The New York Times)

The NFT market Blur will close its front-end on November 12th, and the protocol will continue to run on the chain. Blend will stop matching new loans on the same day.