TREE NEWS update: The US Department of Justice announced on November 5 the creation of the Superintelligence Task Force (DOJ-SITF), led by Deputy Attorney General Stanley Woodward and Assistant Deputy Attorney General Stephen Weiss. The unit is aimed at preventing foreign states and their backers, transnational criminal organizations, and individuals or firms engaged in fraud from abusing superintelligence. Weiss said the DOJ will ensure companies establish strict internal controls so that SI technology operates as intended.
TREE NEWS update: Pop Mart’s limited-edition CLOT mahjong set, priced at 1,999 yuan, sold out shortly after its online launch, with resale prices climbing. On the Dewu platform, the set fetched a top transaction price of 2,660 yuan as of 3 p.m. on Nov. 6, a gain of over 30%, before easing to 2,278 yuan—still nearly 300 yuan above the original price. The collaboration line ranges from 129 to 2,999 yuan.
TREE NEWS update: Nigeria’s central bank issued new virtual asset regulations requiring stablecoin issuers and other service providers to obtain local licenses, and banned algorithmic stablecoins. The rules make licensing mandatory for stablecoin issuers operating in the country. The central bank did not specify an effective date in the material provided.
TREE NEWS update: China’s National People’s Congress Standing Committee appointed Dang Guangsuo as chief judge of the Supreme People’s Court’s Fifth Circuit Court and Yang Yongqing as chief judge of its First Civil Tribunal, while removing Chen Yifang from her posts as a judicial committee member, chief judge of the First Civil Tribunal and judge. The changes were issued in a personnel appointment and removal list.
TREE NEWS update: Meituan said videos showing Dianping V8 users threatening merchants with bad reviews to demand free meals were staged, with some clips featuring store owners playing the customers. The company said it contacted the merchants involved and received no replies, and found no violations or extortion by any reviewer after checking the details disclosed in the videos. Meituan added that new users and Lv8 users have the same base traffic and weighting for reviews.
TREE NEWS update: Shenzhen Jingzhida Technology is planning to issue H shares and list on the Main Board of the Hong Kong Stock Exchange, the company said. No timetable, offering size or pricing details were disclosed. The announcement concerns a proposed H-share issuance by the Chinese display-testing equipment maker.
TREE NEWS reports: About 1,650 BTC, worth roughly $124 million, linked to the Binance hack has moved into new Bitcoin addresses as of 16:45 Beijing time on Nov. 6, nearly double the prior day’s total, Elliptic tracked. The new inflows came mainly from swapping XRP to Bitcoin via THORChain: of 233 million XRP sent to six new addresses on Nov. 2, about 42 million (roughly $50 million) has been moved out, leaving about 192 million (roughly $226 million). A small amount of ETH was also swapped to Bitcoin via THORChain on the evening of Nov. 5.
TREE NEWS update: China’s National People’s Congress Standing Committee has removed Chen Fuli from his post as deputy secretary-general of the 14th NPC Standing Committee. The dismissal was issued in a formal removal list published by the committee. No reason for the removal was given in the announcement.
TREE NEWS update: Tongwei has signed an agreement to supply 846MW of its TNC 3.0 high-efficiency modules to the Dama Solar project in Romania’s Arad County, which is planned at about 1.36GWp. The deal was signed during a visit by Actis energy infrastructure director and Rezolv Energy’s CEO and PV and storage head to Tongwei. Once built, Dama Solar is expected to be one of Europe’s largest single-site solar projects.
TREE NEWS update: The China Meteorological Administration activated a Level IV emergency response for major meteorological disasters (snowstorms). The response was announced on the same day, with the agency citing the snowstorm threat as the reason for the activation. No further details on affected regions or duration were provided in the announcement.
TREE NEWS update: China’s National People’s Congress Standing Committee appointed Wang Junzheng and Wang Ning as deputy chairs of the 14th NPC Ethnic Affairs Committee, and Wang Kai as deputy chair of the Supervision and Judicial Committee. Gong Zheng and Mao Weiming were named deputy chairs of the Financial and Economic Affairs Committee. The appointments were announced in a published NPC Standing Committee appointment list.
TREE NEWS update: Sam Altman said on the Figuring Out podcast that his decision not to take any direct equity in OpenAI was a practical mistake, because the business world could not understand a founder motivated by mission rather than money and began speculating about hidden power motives. He also said initial ChatGPT had a next-week retention rate of only 5% and that OpenAI bet the company on a massive compute purchase around August 2022, after GPT-4 training finished.
TREE NEWS update: Premier Li Qiang chaired a State Council executive meeting that called for improving the social assistance system and advancing its legal, digital, standardized and professional development. The meeting urged stronger basic support for vulnerable groups, better help for low-income边缘 families and those with rigid spending difficulties, dynamic monitoring and cross-departmental data sharing. It also called for expanding service-based assistance including care and employment-linked measures.
TREE NEWS update: Xi Jinping met with the Austrian Chancellor, state broadcaster CCTV reported. The meeting was disclosed without details on the agenda, location or any agreements reached. Further specifics of the talks were not immediately available.
TREE NEWS reports: Security Alliance estimates that hackers behind the $6.3 billion Binance exploit had access to the exchange’s systems for eight weeks before the attack. The cybersecurity firm flagged similar multi-stage intrusion patterns behind other high-profile crypto heists, including the $388 million Bitget hack.
TREE NEWS update: China’s National People’s Congress Standing Committee approved the agreement to establish the World Artificial Intelligence Cooperation Organization at its 25th session. The pact was signed by Chinese government representatives in Shanghai on July 16, 2026. The ratification clears the agreement for implementation.
TREE NEWS update: Premier Li Qiang chaired a State Council executive meeting that called for accelerating major projects and the construction of the “six networks,” supporting companies in expanding investment in equipment upgrades and intangible assets, and linking online and offline as well as urban and rural consumption. The meeting also urged full and timely disbursement of policy funds to grassroots bodies and enterprises, to strengthen fiscal-financial coordination in boosting domestic demand.
TREE NEWS update: China’s State Council executive meeting pledged to improve the capital market stabilization mechanism, enhance the stock market’s internal stability and promote the steady and healthy development of the capital market, state broadcaster CCTV reported. The meeting did not disclose specific measures or a timeline. The statement comes as Chinese authorities step up efforts to support equity market confidence.
TREE NEWS update: Devcon 8 concluded in Mumbai, and the next Ethereum developer conference, Devcon 9, will take place in Lisbon, Portugal, from Oct. 11 to 13, 2027. Ethereum community member Hudson Jameson also said on X that organizers announced the dates at the Mumbai event.
TREE NEWS update: The Shenzhen Stock Exchange and Shenzhen Securities Information Co. will revise the ChiNext Index methodology, gradually raising the single-constituent weight cap to 15%. During each periodic review, if the largest constituent’s actual weight exceeds 14.5% near the review, the cap is set by adding 0.5% to that weight and rounding up. Caps and adjustment factors will only be lowered, not raised, until the largest weight falls to 14.5% or below. The change takes effect at the December 14, 2026 periodic review.