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Kudo appointed the former head of FunderPro's affiliate network to lead Kudo Funded

On Monday, November 9, CFD broker Kudo announced that Felice Digennaro will head its prop division Kudo Funded. Previously, at prop firm FunderPro, he was responsible for the affiliate program, that is, for attracting traders rather than for trading conditions.

PropMarketCapCurrencies, commodities and indices

Strike on Iran back on the table: US redeploys forces, oil price fell 10% the day before

AXIOS reported that Washington is completing preparations for a possible resumption of large-scale military action against Iran and is already moving additional forces and assets into the region. A day earlier, the oil market was pricing in the exact opposite scenario.

PropMarketCapCurrencies, commodities and indices

IRGC: four tankers destroyed by mines south of the Strait of Hormuz

The Islamic Revolutionary Guard Corps (IRGC, Iran's elite armed forces) stated on November 4 that four oil tankers were destroyed after hitting naval mines while passing along a route Iran calls prohibited. Two more vessels, according to the same account, were detained.

PropMarketCapCurrencies, commodities and indices

OpenAI cut the round from $30B to $20B, valuation fell to $1.25T

Investors reduced their checks in the largest private round in history: instead of $30B, OpenAI expects to raise $20B, and the company's target valuation was lowered from $1.4T to $1.25T. Caution about artificial intelligence has moved from the exchange to the private market.

PropMarketCapExchanges and infrastructure

Binance has opened the second stage of withdrawals: the crypto exchange is recovering after a $6.3 billion hack

From 07:00 Moscow time on November 3, Binance is again letting money out according to a new list of assets. This is the second stage of unblocking after the largest hack in the exchange's history, which caused withdrawals to be stopped completely.

PropMarketCapCurrencies, commodities and indices

Tanker explosions near the Strait of Hormuz brought back the risk premium: Brent crude above $116

The December Brent futures contract added $1.20 (+1.04%) on Friday and reached $116.08 per barrel after reports of tankers being blown up near the Strait of Hormuz. In October, oil rose by almost 11% - the fourth consecutive month of gains.