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According to monitoring by Arkham, a certain whale 0xB08 seemingly adopted a "better to buy wrong than to miss out" strategy during the market downturn, purchasing approximately 4.3 million dollars worth of altcoins from Binance, including SHIB, POL, EIGEN, VIRTUAL, PEPE, UNI, and others.About 70% of the funds are concentrated in three tokens: approximately 1.04 million dollars in VIRTUAL, approximately 1.02 million dollars in PEPE, and approximately 900,000 dollars in UNI, respectively focusing on the three major sectors of AI, Meme, and DeFi.

On November 12, the semiconductor company AMD's official account posted a message congratulating Chairwoman and CEO Lisa Su for receiving the annual CEO title awarded by Yahoo Finance. AMD stated that the title of annual CEO sounds great and congratulated Lisa Su, noting that the recognition comes from Yahoo Finance. Lisa Su has served as CEO of AMD since 2014 and currently also holds the position of Chairwoman. Yahoo Finance Executive Editor Brian Sozzi announced the award on the same day.Yahoo Finance reported that AMD's stock price has risen 158% this year, while Nvidia has dropped 7%, Broadcom has fallen by less than 1%, the S&P 500 index has increased by 11%, and the Nasdaq Composite index has risen by 10%. Yahoo Finance also mentioned that Lisa Su received the National Medal of Science awarded by U.S. President Trump this year and participated in several high-profile international conferences. Lisa Su stated on Yahoo Finance Invest that joining AMD was a desire to be part of a company at the forefront of technology and believes that technology can bring tremendous benefits to the economy and the world.Yahoo Finance reported that AMD acquired World Labs for $8.2 billion. World Labs was founded in 2024, focusing on 3D environment software, and was established by AI researcher Fei-Fei Li, who previously served as Chief Scientist at Google Cloud. Yahoo Finance stated that Fei-Fei Li will join AMD as Executive Vice President and Chief Scientist, reporting directly to Lisa Su. Yahoo Finance also noted that Lisa Su joined AMD as an executive in 2012 when the company was on the verge of bankruptcy.

UPBIT will launch Sanctum (SANC) trading on November 13 at 13:00, supporting KRW, BTC, and USDT markets. Users must complete their deposits within 1 hour after the announcement is made, and the trading support time may be delayed due to insufficient liquidity.

According to a letter to shareholders seen by The Information and a source familiar with the matter, ByteDance plans to repurchase up to $6 billion in shares from existing investors at an estimated valuation of approximately $400 billion.This valuation is a 20% increase from the last repurchase the company made a year ago.

The U.S. Department of Justice has stated that it is working with the two largest stablecoin issuers globally to attempt to recover nearly half of the stolen funds from the Binance hacking incident. In this attack, hackers stole over $6 billion in assets from the Binance cryptocurrency exchange.The U.S. Department of Justice has obtained court authorization to seize or restrict the disposal of $1.2 billion from the $2.7 billion that Tether and Circle Internet Group immediately froze following the hacking incident on October 29. Investigators are still tracking the remaining funds. The Federal Bureau of Investigation refers to the related hacking group as TraderTraitor, which is currently attempting to transfer and launder the stolen assets through cross-chain bridges, mixers, and cryptocurrency exchanges.

According to official news, Frax Finance announced the launch of the FRAX burn engine, which will use protocol revenue for programmatic buybacks and the destruction of FRAX. According to its third-quarter report, the revenue generated from frxETH will flow into this engine in the fourth quarter.The total locked value of frxETH is currently 120 million dollars, and from the ETH staking revenue it generates, Frax retains 8% as a protocol fee, 100% of which will be used to purchase FRAX on the open market and destroy it.

The latest 13F filing for the third quarter of 2026 submitted by the quantitative hedge fund Renaissance Technologies, founded by mathematician Jim Simons, shows that the institution has significantly adjusted its U.S. stock holdings, nearly completely liquidating its positions in Nvidia, Meta, Apple, and Amazon, with Nvidia's holdings decreasing by 99.7% from a previous market value of approximately $1.42 billion. This reduction occurred weeks before the controversy involving Jensen Huang was exposed.From the perspective of the top ten holdings, Micron Technology ranks first with $1.62 billion, Advanced Micro Devices ranks second with $1.21 billion, followed by United Therapeutics at $908 million, Intel at $835 million, Google's parent company Alphabet at $828 million, and UnitedHealth at $817 million. Additionally, it has established a new position in SpaceX, with a holding value of approximately $621 million.In terms of specific adjustments, the institution has significantly increased its holdings in SanDisk, with the number of shares increasing by 5451%; Micron Technology and UnitedHealth saw their share counts increase by 619% and 507%, respectively, while AMD increased by 140%. Aside from Nvidia, the share counts for Meta, Apple, and Amazon were reduced by 99.9%, 99.8%, and 99.5%, respectively, and it reduced its position in Palantir by 71%. The institution also completely exited its positions in Blackstone, the S&P 500 ETF, Mellanox Technologies, and Danaher, among others.

According to the market information platform Liquid247.xyz, the current price of BTC is $71,259. The thickest order book is on Binance spot: sell orders amount to $10.025 million, buy orders amount to $7.9516 million, with sell orders exceeding buy orders by $2.0734 million.Binance perpetual buy orders are thicker than sell orders, while Coinbase spot, OKX perpetual, and Hyperliquid perpetual sell orders are all thicker than buy orders. If a large buy or sell order suddenly appears, exchanges with thinner order books will be affected first, and price fluctuations will be more pronounced.

According to Bloomberg, informed sources revealed that the prediction market platform Kalshi is negotiating a new round of financing with investors, with a valuation of approximately 65 billion dollars. A few weeks ago, Kalshi just completed a new round of financing with a valuation of 40 billion dollars.

Intel (INTC.O) announced a collaboration with RadixArk to advance open AI inference on the Intel platform.

Aave posted on platform X that the loan exchange feature is now live on Aave Pro's Aave V4 Ethereum, Base, and Avalanche markets. Users can exchange loans from one asset to another without closing their positions, and this feature is supported by @CoWSwap.

Binance posted on platform X that it has completed the coverage of all affected assets from the previous security incident and released a new reserve proof snapshot. After the zero-knowledge proof is generated, users can independently verify whether their assets have at least 1:1 reserve support.

According to The Block, Anchorage Digital announced a partnership with Visa to use a portion of the stablecoins issued by its federally chartered bank as native settlement assets on the Visa network, with the first supported being the Western Union stablecoin USDPT. Visa and eligible partners can now settle VisaNet debts using USDPT, and both parties will establish a framework to evaluate the inclusion of more stablecoins issued by Anchorage.USDPT was launched on Solana in May of this year, issued and custodied by Anchorage Digital Bank.

The Kremlin stated that Russian President Putin will continue to advance peace negotiations for Ukraine with the U.S. envoy.

According to The Block, the New York State Department of Financial Services has issued new guidelines for advertising and marketing requirements for licensed cryptocurrency entities in the state, which include avoiding misleading or deceptive content. Acting Superintendent Kaitlin Asrow stated in a press release that today's guidelines reinforce the commitment to protecting New York residents and ensure that advertising and marketing practices in the virtual currency space are clear, comprehensive, and accessible.The New York State Department of Financial Services announced on the same day that these guidelines apply to virtual currency entities licensed or chartered by the department, requiring them to establish and implement policies and procedures for advertising and marketing materials related to virtual currency products, services, and activities, with a focus on content accuracy, clear disclosures, and governance and review processes. Relevant entities must update their policies and procedures according to the guidelines by May 10, 2027, review them at least once a year, and maintain records for regulatory inspection. The Department of Financial Services will assess the implementation and effectiveness of these policies and procedures through examinations and ongoing supervision.Common practices listed in the guidelines include: reviewing marketing claims to ensure they fairly present products, services, or activities, are supported by evidence and verifiable, and do not contain exaggerated or false statements about performance or regulatory status; customer disclosures should be clear, prominent, easily understandable to the general audience, and clearly identify the entity providing the products, services, or activities; establishing governance review processes for advertising and marketing materials, designating responsible parties, conducting due diligence on third-party promoters, and promptly monitoring and addressing instances of fraudulent or improper use of their name or brand by others.

According to Gate market data, Supermicro Computer (SMCI.O) stock price fell by 11%, likely marking the worst single-day performance since June.

NVIDIA's board of directors announced today that co-founder Jensen Huang has resigned from his positions as President, Chief Executive Officer, and Director, effective immediately. The company's current Executive Vice President and Chief Financial Officer Colette Kress will serve as interim CEO while continuing to manage the company as CFO. The board has initiated the selection process for a new CEO, considering both internal and external candidates.The 58-year-old Kress joined NVIDIA in September 2013 and has been with the company for over 13 years, being one of the core management members who accompanied NVIDIA's growth from a graphics chip manufacturer to a global AI chip giant. During her tenure, NVIDIA's annual revenue grew from approximately $4.1 billion in fiscal year 2013 to $21.59 billion in fiscal year 2026.Before joining NVIDIA, Kress worked at Cisco for 3 years and spent 13 years at Microsoft, where she served as the financial leader of the Server and Tools division, and also worked at Texas Instruments for 8 years. She has long been responsible for NVIDIA's financial strategy, capital allocation, performance disclosure, and investor relations, serving as an important representative for the company in communications with Wall Street, and has participated in the company's quarterly earnings call multiple times.

As the Nvidia board met on Thursday to decide the fate of CEO Jensen Huang, the company's debt default insurance costs rose. ICE Data Services data showed that the cost of Nvidia's five-year credit default swaps (CDS) rose by 3.25 basis points at one point, to 1.445% per year, close to the intraday high set on November 3.Although this cost has more than doubled since the middle of the year, it is still only about half that of lower-rated mega cloud computing companies SpaceX and Oracle. According to a source familiar with the matter, the Nvidia board has been working with an external firm to identify potential CEO successors after reports of multiple extramarital affairs involving Jensen Huang. The board is considering appointing an interim CEO while searching for a permanent successor.

Liquid Capital founder Yi Lihua stated that the Binance black swan event and the significant victory of the Democratic Party in the United States have had a considerable impact on both the AI stock market and the cryptocurrency market. Investors need to continuously adjust their strategies based on the market environment. Although there have been multiple successful exits at the peak previously, it is still necessary to be cautious of prematurely bottom-fishing at this stage, to avoid catching a falling knife at the "halfway up the mountain."

According to Coinglass data, on November 12 at 21:17, 30.1203 million USDT was detected being transferred from an unknown wallet to Binance.