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According to a report by Sina Finance, this summer, Nvidia founder Jensen Huang convened a meeting with core financial executives to assess the risks associated with providing billions of dollars in guarantees to companies that cannot afford chips. During the meeting, Huang harshly criticized the interim CEO Colette Kress, who has taken over the leadership of Nvidia.An insider stated that when Kress was reporting, Huang interrupted her, saying she looked like "a deer caught in headlights," and commented that she was merely a "CFO focused on accounting," unable to help define strategy or make critical decisions. The report indicated that many related transactions were led by Huang's son-in-law Nico Caprez, aimed at providing financing to emerging cloud vendors and data center developers in exchange for long-term chip customers. After initiating a round of large-scale transaction expansion, Huang himself began to question whether the steps taken were too large. The meeting took place in August.

The semiconductor research institution SemiAnalysis published a report regarding Jensen Huang's resignation, noting that although the board has appointed Colette Kress as interim CEO, they prefer that the formal CEO does not have a financial background, so they are still selecting a permanent CEO.Internal technical direction candidates include Ian Buck and Jonah Alben. Ian Buck founded CUDA during his PhD at Stanford and joined NVIDIA in 2004, responsible for the data center business; Jonah Alben joined in 1997 and is currently the Senior Vice President of GPU Engineering. Executives have stated, "Ian would rather die than take over Jensen's position," and "no one would really want that job." The report indicates that both are outstanding, but may not be able to exert the same supply chain management control as Jensen Huang.

The U.S. Department of Justice stated on Thursday that North Korean hackers have stolen over $400 million in cryptocurrency assets through a social engineering scheme based on secretly recorded videos and AI deepfakes over the past 18 months, and announced that it has seized the infrastructure supporting this operation. The FBI refers to this method as "FaceStealer," which centers on turning video conference calls into traps: hackers lure targets into meetings using previously stolen accounts from victims, then play pre-recorded footage of trusted contacts to simulate their presence, thereby gaining the target's trust.The group also uses AI to generate deepfake videos of well-known figures in the cryptocurrency and related industries, making the scams more convincing. Once the target lowers their guard, the attackers create false technical issues, such as claiming the other party cannot hear them, and provide a so-called "fix" link that is actually used to implant malware. Afterward, hackers can empty the victim's wallet or exploit their system permissions, sometimes lying in wait for months or even over a year before taking action. The FBI stated that it has seized over 900 segments of camera footage from FaceStealer victims based on federal search warrants.The Department of Justice linked this operation to North Korean-related groups such as Sapphire Sleet, BlueNoroff, and APT38, warning that these hackers are increasingly targeting open-source software developers, seemingly paving the way for supply chain attacks. On the same day, the Department of Justice also reported progress in the Binance theft case, stating that it has obtained court authorization to seize or restrict over $1.2 billion of the approximately $6.4 billion in stolen assets, which is part of the over $2.7 billion that has already been frozen. The FBI attributes this theft to the North Korean group TraderTraitor and claims it is laundering money at a rate of creating a new wallet approximately every 25 seconds. North Korea denies involvement, stating that the FBI's conclusions are a political provocation.

According to The Information, the interim CEO of Nvidia is not the leader of the company's major decisions and is not responsible for setting the agenda for significant company decisions.Additionally, according to data from the Gate platform, Nvidia's intraday decline has narrowed to within 4%.

According to Bitcoin Magazine, as disclosed in the 13F filing submitted on November 5, Bank of New York Mellon (BNY Mellon) increased its holdings in Bitcoin treasury company Strive (ASST) by 28% in the third quarter, bringing the total to 237,100 shares, valued at $6.97 million based on the price as of September 30.Compared to the 185,556 shares disclosed on June 30, this increase of 51,544 shares had a market value of approximately $2.02 million at that time. The increase in market value was mainly due to the stock price: the implied ASST price in the two filings rose from $10.91 on June 30 to $29.41 on September 30, resulting in a more than doubling of the disclosed market value alongside a 28% increase in the number of shares held.The 13F is a snapshot at a point in time rather than a trading record. Bank of New York Mellon submitted a consolidated report covering group-level holdings, so Strive's position may include client, fund, and discretionary accounts, rather than a single proprietary bet, and the bank may have adjusted its holdings after September 30.As of September 30, the bank's assets under custody and administration amounted to $63.4 trillion, with managed assets totaling $2.2 trillion. In the same report, its Bitcoin-related positions also included 1,056,230 shares of Strategy (MSTR), valued at $161.7 million, and 162,072 shares of BlackRock iShares Bitcoin Trust (IBIT), valued at $7.67 million, the latter nearly doubling from 85,282 shares as of June 30.According to regulations, institutions with investment decision-making authority over securities exceeding $100 million must disclose their holdings within 45 days after the end of the quarter, with this quarter's window extending to November 16 due to November 14 falling on a Saturday.JPMorgan submitted its third-quarter 13F this Thursday, while Wells Fargo, Millennium Management, and Schonfeld Strategic Advisors had not yet appeared in the SEC's EDGAR system as of Thursday morning.Among the disclosed banks, Barclays reported holding 3,942,900 shares of IBIT, valued at $186.7 million, an increase of 48% from 2,658,147 shares three months ago, in a filing on November 6; Citigroup reported holding 521,144 shares of IBIT, valued at $24.7 million, in a filing on November 4, and added 1,636,387 shares of Fidelity Wise Origin Bitcoin Fund (FBTC), valued at $118.9 million. Strive itself increased its holdings by 29 Bitcoins in the week ending November 6, bringing its total holdings to 43,153 Bitcoins.

Binance founder Zhao Changpeng stated that it was a mistake for Nvidia to force Jensen Huang to resign.

According to Polymarket data, in the "Next CEO of NVIDIA" prediction market, the probability of the "No Change" option for Jensen Huang has risen from 19% earlier today to 29%, ranking first. NVIDIA's Vice President of High-Performance Computing Ian Buck has dropped to second place with 25%, while Chief Financial Officer Colette Kress ranks third with 23.3%.According to the rules, "No Change" means that NVIDIA has not announced an official successor before 23:59 Eastern Time on December 31, 2028, and interim CEOs do not count. Therefore, even if Jensen Huang steps down, as long as NVIDIA appoints only an interim CEO within the deadline, this option can still prevail. The 29% is the implied probability of "no official successor announced," not the probability of Jensen Huang staying on in the short term.

According to Onchain Lens monitoring, a certain whale withdrew 2,000 ETH from Binance 29 minutes ago, worth approximately 4.08 million dollars; subsequently, it deposited 32 ETH into the Ethereum Beacon Chain staking contract, worth approximately 65,300 dollars.

According to Crypto Briefing, Aave founder Stani Kulechov stated at the DAS London conference that DeFi lending protocols need to introduce a "circuit breaker" mechanism, as the consequences of oracle failures could take years to resolve.He pointed out that the over-reliance on immutable code systems lacks contingency plans. When oracle data deviates, the protocol may trigger liquidations based on incorrect prices, and the immutable nature can lead to irreparable failures. The circuit breaker mechanism draws from traditional markets' practice of halting trading during extreme conditions, allowing protocols to pause operations until the issue is identified.

Binance's Chief Security Officer Jimmy Su stated in a July interview that fake job interviews could lure employees into running malicious code on company devices, leading to device control, credential theft, and infiltration of internal networks.In September, a Binance software engineer downloaded a malicious programming assignment to their work computer during a fake interview; Binance's preliminary investigation indicated that this incident was part of a multi-stage attack in the October theft case. Jimmy Su also pointed out that attackers might exploit seemingly normal technical assessment steps to bypass antivirus tools. Binance's subsequent investigation revealed that the installer for the malicious assignment evaded endpoint security tools through obfuscation and other evasion techniques.Binance stated that it has intercepted 57 suspected cyber threats related to North Korea so far this year, approximately one every five days. After the October attack, Binance announced that it has strengthened device and access controls, rebuilt affected wallet systems and internal AI tools, and increased investments in endpoint protection and development environment security.

According to Onchain Lens monitoring, a transaction signed by a BitGo custodial account has unstaked 204,044 SOL and transferred it to an FTX/Alameda associated wallet, valued at approximately 16.89 million USD.This operation only shows the unstaking of SOL and its transfer to the associated wallet; it cannot yet be confirmed whether it will be sold subsequently.

Dunamu's Vice Chairman Kim Hyung-nyun stated at the Seoul Digital Asset Policy Conference that the stock tokens of South Korea's representative companies, Samsung Electronics and SK Hynix, can only be traded overseas. This situation is distressing. He also officially announced that Dunamu has completed the technical preparations for stock tokenization, and relevant services can be launched at any time once the regulatory system allows.In addition, the conference also discussed the legislative process of the "Basic Law on Digital Assets." South Korea's Democratic Party member Min Byung-deok advocated that the bill should be passed in the current regular National Assembly, no later than January 18 of next year. South Korea's People Power Party member Park Soo-min stated that legislation should not be rushed and called for a comprehensive allowance for institutions and legal entities to invest in crypto assets.

According to on-chain analyst Ai Yi's monitoring, the address 0xF25...5c62b deposited 4,114.5 ETH (8.46 million USD) to Kraken 10 hours ago, with a deposit price of 2,056.57 USD.This address has frequent interactions with block builders Titan builder, BeaverBuild, etc., and has already liquidated after this deposit.

According to on-chain analyst Yu Jin's monitoring, after HYPE corrected about 26% from $96 to $71 this month, a whale or institution has accumulated 396,811 HYPE through multiple centralized exchanges (CEX) in the past 3 days, worth approximately $29.29 million, and transferred all tokens to staking 6 hours ago.

Ember monitoring shows that two long-term holding addresses have transferred approximately 1,929.5 BTC to Binance and Kraken, worth about 143.6 million USD.

Ethereum project Golem Foundation executive Julian Zawistowski published an article reviewing the 10th anniversary of the project's launch. He stated that on November 11, 2016, the Golem project launched its token sale, raising approximately 820,000 ETH in less than 30 minutes and minting 1 billion tokens, initially named GNT, now renamed GLM.Zawistowski revealed that since 2023, the Golem Foundation has staked 100,000 ETH and distributed the staking rewards to GLM holders participating through Octant, while also supporting the construction of public goods on Ethereum. Its long-term goal is to secure this fund reserve, benefiting GLM holders and the broader Ethereum ecosystem.

Layer 2 network Katana plans to launch a buyback mechanism supported by protocol revenue for KAT stakers. The network will eliminate the emission voting mechanism on November 17 and shorten the unstaking cooldown period.The buyback will be initiated separately, and full on-chain automation will be achieved subsequently.

According to Catcher Predict monitoring, in the market prediction event "Lakers vs. Bucks" on Polymarket, the "Yes" option for the sub-market "Austin Reaves: Points O/U 22.5" has experienced a dramatic fluctuation in winning probability, soaring from 29.5% an hour ago to the current 51.5% (a fluctuation of 22%). Please note the impact of related breaking news.

According to on-chain analyst @ai_9684xtpa, F2Pool co-founder Wang Chun proposed 3,996 ETH, worth 8.23 million USD, 4 hours ago, which was then staked into Lido and wstETH was deposited into the Spark protocol.