DeFi Platform Elixir Halts Support for deUSD After Stream Finance’s $93M Loss

Elixir has halted support for its deUSD stablecoin following a significant loss incurred by Stream Finance. The platform suffered a $93 million loss, which directly impacted deUSD, causing its value to crash to just $0.015.

This development marks a critical moment for the DeFi ecosystem, as the stability and trust in stablecoins like deUSD are essential for decentralized finance platforms. The decision by Elixir to suspend support underscores the challenges faced amid recent market turmoil.

For more details on this incident, stay tuned to Cryptonews.
https://cryptonews.com/news/defi-platform-elixir-halts-support-for-deusd-after-stream-finances-93m-loss/

Eyes fresh six-month highs near 1.4150 within overbought zone

USD/CAD continues its winning streak for the seventh consecutive day, trading around 1.4120 during the European hours on Friday. The technical analysis of the daily chart indicates a prevailing bullish bias, with the pair remaining within the ascending channel pattern.

The short-term price momentum is strengthening as the pair rises above the nine-day Exponential Moving Average (EMA). However, the 14-day Relative Strength Index (RSI) is positioned at the 70 level, suggesting a strong bullish bias but also signaling that the pair lies within overbought territory. This raises the possibility of a near-term downward correction.

The USD/CAD pair may test the fresh seven-month high of 1.4140, reached on November 5. A break above this level would pave the way for the pair to explore the area around the upper boundary of the ascending channel at 1.4230.

On the downside, the primary support lies at the psychological level of 1.4100, followed by the nine-day EMA at 1.4067. Further declines below this level could dampen short-term price momentum and prompt the USD/CAD pair to test the 50-day EMA at 1.3954, followed by the ascending channel’s lower boundary around 1.3940.
https://bitcoinethereumnews.com/finance/eyes-fresh-six-month-highs-near-1-4150-within-overbought-zone/

“A big joke”- Internet reacts as former Teen Top member Bang Min-soo reported to lead South Korea’s Idol Union amidst past controversies

On Friday, November 7, Seoul Economic Daily reported that Bang Min-soo, a former member of Teen Top, will be serving as the president of a new venture called Idol Union.

This announcement marks an exciting new chapter for Bang Min-soo as he takes on a leadership role in the entertainment industry. Idol Union aims to make a significant impact under his guidance.
https://www.sportskeeda.com/us/k-pop/news-a-big-joke-internet-reacts-former-teen-top-member-bang-min-soo-reported-lead-south-korea-s-idol-union-amidst-past-controversies

KuPool Appoints SparkPool Veteran Shelton Qiu as COO to Bolster LTC Mining and Expand Multi-Coin Operations

KuPool, the mining arm of global crypto exchange KuCoin, has appointed Shelton Qiu as Chief Operating Officer.

Qiu is a seasoned figure in the blockchain and mining industry, bringing nearly ten years of experience. He previously held key roles as Marketing Director and Business Development Lead at SparkPool, which was formerly the world’s largest Ethereum mining pool.

The addition of Qiu marks a significant step in KuPool’s ongoing efforts to expand its hashrate capabilities and strengthen its position within the Litecoin (LTC) and Dogecoin (DOGE) mining ecosystems.

As COO, Qiu’s responsibilities will include scaling KuPool’s LTC mining operations, improving system stability, and driving sustainable profitability for professional and institutional miners.

During his time at SparkPool, Qiu played a central role in the pool’s rise to global prominence, helping it achieve and maintain leadership in Ethereum Proof-of-Work (PoW) mining. He was instrumental in fostering community engagement, advancing technical development, and promoting knowledge-sharing within the industry.

At KuPool, Qiu is expected to leverage this experience to expand the platform’s technical partnerships and ecosystem integrations, while supporting innovation across multiple mining assets including LTC, DOGE, PEPE, Lucky, and BELLS.

“Qiu’s proven expertise in engineering and ecosystem development will accelerate KuPool’s growth and strengthen our leadership in DOGE and LTC mining,” said Chris Zhu, Head of KuPool.

“I am thrilled to join KuPool at this pivotal moment, bringing my experience to contribute to a platform that prioritizes trust and innovation in mining,” said Shelton Qiu, COO of KuPool. “With KuPool’s strong foundation in stable hashrate and high yields for LTC and DOGE, I look forward to advancing technology-driven innovation and user-oriented services to drive further growth, ensuring verifiable returns and enhanced competitiveness for miners worldwide.”

KuPool continues to grow its overall mining presence, with its combined LTC and DOGE pool consistently ranking among the top four globally. The appointment of Qiu is set to further advance KuPool’s goal of building a transparent, high-performance mining infrastructure rooted in the core values of decentralization and Proof of Work.

*Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.*
https://bitcoinethereumnews.com/crypto/kupool-appoints-sparkpool-veteran-shelton-qiu-as-coo-to-bolster-ltc-mining-and-expand-multi-coin-operations/

Netherlands, The Consumer Spending Volume fell from previous 1.1% to 0.8% in September

Netherlands: Consumer Spending Volume Falls to 0.8%

The latest data indicates that consumer spending volume in the Netherlands has declined, falling from the previous figure of 1.1% to 0.8% year-on-year.

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https://bitcoinethereumnews.com/finance/netherlands-the-consumer-spending-volume-fell-from-previous-1-1-to-0-8-in-september/

What is the Moutai Singapore Open 2025 cut line? Projected cut after round 2 explored

The second round of the Moutai Singapore Open 2025 is currently underway at The Singapore Island Country Club. Soomin Lee has taken the 36-hole lead after firing an impressive 64 on Day 2. Meanwhile, many players are fiercely competing to make the cut and advance to the weekend rounds.

### Projected Cutline at the Moutai Singapore Open 2025

The current projected cutline stands at 3-under par. Players tied for 60th place and below are at risk of missing the weekend. Notably, Ben Campbell, who shot a 72 on Friday, is just behind the projected cutline and faces the possibility of missing the cut. Other prominent players below the cutline include Scott Vincent and Kazuki Higa.

Here’s a look at the projected cutline and player positions as of now:

#### At -2 (Final or In Progress)
– Suteepat Prateeptienchai (F)
– Ben Campbell (F)
– Jed Morgan (F)
– Maverick Antcliff (F)
– Prom Meesawat (F)
– Kelvin Si (F)
– Settee Prakongvech (thru 7*)
– Jaewoong Eom (thru 6*)
– Poosit Supupramai (thru 6*)
– Newport Laparojkit (thru 5*)
– Atiruj Winaicharoenchai (thru 5*)
– Liu Yanwei (thru 4*)
– Scott Hend (thru 3)
– Kevin Yuan (thru 2)

#### At -1 and Even Par
– Kazuki Higa (-1 F)
– Harry Takis (a) (-1 thru 7)
– Kyle Stanley (-1 thru 7*)
– M. J. Maguire (-1 thru 4)
– Lee Chieh-po (-1 thru 4)
– Wooyoung Cho (-1 thru 4*)
– Pawin Ingkhapradit (-1 thru 4*)
– Carlos Pigem (-1 thru 1)
– Todd Sinnott (-1 thru 1)
– Xiao Bowen (-1 thru 1*)
– Jonathan Wijono (E F)
– Brett Coletta (E F)
– Justin Quiban (E F)
– Itthipat Buranatanyarat (E F)
– Bobby Bai (E F)
– Sean Ramos (E F)
– James Leow (E thru 7)
– Ekpharit Wu (E thru 6*)
– Charlie Lindh (E thru 4*)
– Poom Saksansin (E thru 3)
– Jose Toledo (E thru 2*)
– Manav Shah (E thru 1*)
– Christian Banke (E thru 1)
– Jakkanat Inmee (E thru 1*)

#### Above Par
– Jbe Kruger (+1 F)
– Bjorn Hellgren (+1 F)
– Ervin Chang (+1 F)
– Siddikur Rahman (+1 F)
– Scott Vincent (+1 thru 5)
– Ryan Peake (+1 thru 5)
– Kosuke Hamamoto (+1 thru 2*)
– Shiv Kapur (+2 F)
– Ryan Ang (+2 thru 6*)
– Kyounghoon Lee (+2 thru 5)
– Gustav Frimodt (+2 thru 1*)
– Eduard Rousaud (+2 thru 1)
– Santiago De la Fuente (+3 F)
– Aaron Wilkin (+3 thru 6*)
– Inhoi Hur (+3 thru 5*)
– Luke Kwon (+3 thru 3)
– Joshua Yap (+3 thru 1)
– Koh Dengshan (+4 F)
– S. S. P. Chawrasia (+4 F)
– John Lyras (+4 F)
– Lawry Flynn (+4 F)
– Chen Guxin (+4 F)
– Nick Voke (+4 thru 3)
– Khalid Attieh (+4 thru 2*)
– Chikkarangappa S. (+4 thru 2)
– Aidric Chan (+4 thru 1)
– Brett Rankin (+5 thru 7*)
– Gregory Foo (+5 thru 2)
– Ye Wocheng (+6 F)
– Justin Kuk (a) (+6 F)
– Shahriffuddin Ariffin (+7 thru 8*)
– Faisal Salhab (+7 thru 3*)
– Marc Ong (+7 thru 1*)
– Mardan Mamat (+8 F)
– Qi Wen Wong (+8 thru 17)

With the cutline hovering at 3-under par, the upcoming holes will be crucial for many contenders aiming to secure their place for the weekend. Stay tuned for more updates as the Moutai Singapore Open 2025 progresses.
https://www.sportskeeda.com/golf/news-what-moutai-singapore-open-2025-cut-line-projected-cut-round-2-explored

The FAA’s order to cut flights nationwide due to the government shutdown is set to take effect

The Federal Aviation Administration (FAA) has selected 40 airports across more than two dozen states for schedule reductions, according to a recent order. Major hubs such as Atlanta, Dallas, Denver, Los Angeles, and Charlotte, North Carolina are among those affected. In metropolitan areas including New York, Houston, Chicago, and Washington, multiple airports will feel the impact. The ripple effects could even extend to smaller regional airports.

As the FAA’s official order approaches, airlines have scrambled to adjust their schedules and began canceling flights as early as Thursday. Travelers with weekend and future plans are now nervously waiting to see if their flights will take off as scheduled.

According to FlightAware, more than 780 flights have already been canceled nationwide. Delta Air Lines announced plans to cancel around 170 flights on Friday, while American Airlines said it would cut 220 flights daily through Monday.

The FAA stated that reductions will begin at 4% and could ramp up to 10% by November 14. These cutbacks, impacting all commercial airlines, will be in effect between 6 a.m. and 10 p.m. The agency asserts that these measures are necessary to relieve pressure on air traffic controllers, who have been working without pay for over a month. Many controllers are working six-day weeks with mandatory overtime, and an increasing number have started calling out, citing exhaustion and financial strain.

“You can’t expect people to go in to work when they’re not getting a paycheck,” said Kelly Matthews of Flat Rock, Michigan, a frequent business traveler who has canceled most of her upcoming trips. “It’s not a matter of them not wanting to do the job, but you can’t afford to pay for gas, your day care, and everything else.”

This order coincides with the Trump administration ramping up pressure on Democrats in Congress to end the government shutdown. Airlines have said they will strive to minimize the impact on customers, with some planning to focus on reducing routes to and from small and medium-sized cities.

According to the Department of Transportation, carriers must refund customers whose flights are canceled, but are not required to cover secondary costs such as food and hotel accommodations unless the delay or cancellation was within the airline’s control.

Industry analyst Henry Harteveldt warned that the reductions will “have a noticeable impact across the U.S. air transportation system.” The cuts could also affect package delivery services, as both Memphis, Tennessee (FedEx hub) and Louisville, Kentucky (UPS hub and site of this week’s deadly cargo plane crash) are among the airports facing reductions.

*Associated Press journalists Hallie Golden in Seattle, Safiyah Riddle in Montgomery, Alabama, and Wyatte Grantham-Philips in New York contributed to this report.*
https://ktar.com/national-news/the-faas-order-to-cut-flights-nationwide-due-to-the-government-shutdown-is-set-to-take-effect/5771934/

Canada poised to lose measles elimination status, a possible harbinger of more disease outbreaks

Canada is poised to lose its measles elimination status after nearly three decades.

Public health experts are raising concerns about potential outbreaks of other preventable diseases as vaccination rates continue to fall.

The decline in immunization coverage threatens to reverse years of progress in controlling infectious diseases across the country.
https://www.allsides.com/news/2025-11-06-0800/healthcare-canada-poised-lose-measles-elimination-status-possible-harbinger-more-disease-outbreaks

High school roundup for Nov. 6, 2025: Seneca Valley hockey wins early season battle for 1st place

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https://tribhssn.triblive.com/high-school-roundup-for-nov-6-2025-seneca-valley-hockey-wins-early-season-battle-for-1st-place/

Florida university leaders eye H-1B visas

State university leaders in January will address Governor Ron DeSantis’ directive to end the use of H-1B visas for hiring foreign faculty, according to Ray Rodrigues, Chancellor of the State University System.

Rodrigues informed the Board of Governors on Thursday that discussions with university presidents are already underway. “We’ve heard the call to address it and we will continue to work with our universities and staff to answer the call,” Rodrigues said during a meeting at the University of South Florida.

Governor DeSantis raised the issue during an appearance at the school on October 29. His proposal comes on the heels of a restriction from former President Donald Trump’s administration that would require foreign-born individuals to pay a $100,000 fee for the H-1B visa—a cost expected to be covered by the hiring institution.

DeSantis has criticized the use of H-1B employees, stating that they are often used as “cheap labor” to reduce costs. “When you see in the news all these people being laid off by Amazon, UPS, all these companies, we need to make sure our citizens here in Florida are first in line for job opportunities,” the governor said last week.

“We can do it with our residents in Florida or with Americans, and if we can’t do it, then, man, we need to really look deeply about what is going on with this situation,” DeSantis added.

The Florida Board of Governors is scheduled to meet January 28-29 at Florida State University to further discuss the matter.
https://www.clickorlando.com/news/2025/11/07/florida-university-leaders-eye-h-1b-visas/