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According to Bloomberg, Nvidia is searching for a formal successor to CEO Jensen Huang. Following multiple revelations of Huang's extramarital affairs, the company has commissioned an external agency to identify potential candidates. Chief Financial Officer Colette Kress has taken over as interim CEO; she is the most well-known executive among investors after Huang. Bloomberg states that the board typically considers having the CFO take over to stabilize the situation, but financial executives are often viewed as transitional candidates in tech companies.Other potential candidates listed by Bloomberg include: Ian Buck, who is responsible for data center products and AI chips and invented the CUDA software framework; Rene Haas, who previously worked at Nvidia and now leads chip design company Arm; Lisa Su, who leads AMD and has seen AMD's stock price increase nearly 170 times during her tenure; and Johny Srouji, who leads Apple's in-house chip project.The list also includes Matt Garman, head of Amazon Web Services (AWS); Sanjay Mehrotra, chairman and CEO of Micron Technology, who has seen Micron's stock price increase over 2700% during his tenure; and Amin Vahdat, who is responsible for Google's TPU project. Bloomberg states that finding a suitable successor for this globally highest-valued chip manufacturer is not easy.

Arbitrum cites EVEDEX data stating that the total value locked on this perpetual contract trading platform has increased by 418% over 12 months.

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

According to PR Newswire, Deloitte announced the launch of the enterprise AI company Edisyl, which was established after Deloitte completed the acquisition of the on-chain data platform Flipside Crypto's AI business in July 2026. The 24-person operations team from Flipside has all joined Edisyl, with former Flipside CEO Dave Balter serving as co-founder.Flipside's crypto data business has been sold separately to Sonaverse.

According to The Block, banking giant BNY will adopt the validator infrastructure of staking service provider Figment to support its staking business. Eligible institutional clients can stake assets within the platform through BNY's existing digital asset custody services.Figment stated that BNY's staking clients include asset management companies, ETF issuers, corporations, and wealth management institutions. Qualified clients can earn staking rewards on supported assets on the platform. A Figment spokesperson told The Block that ETH will be supported initially, followed by an expansion to SOL, although no specific launch date has been announced.Ralf Roth, head of BNY's digital asset custody, stated that as institutional participation in staking increases, the focus is shifting from whether staking can be accessed to how staking is delivered. Providing staking services in a trusted custody framework with Figment allows institutions to have more confidence in their participation methods and meets their standards for security, oversight, and accountability.Josh Deems, head of revenue at Figment, stated that Figment is bringing its validator infrastructure and staking experience to BNY's digital asset custody platform, providing institutional clients with another way to participate in staking within existing platforms and service processes.BNY launched its digital asset custody services in October 2022, initially accepting Bitcoin and Ethereum from a limited number of clients. Last month, BNY expanded its custody agreement with Ripple to cover XRP and RLUSD, and plans to allow BNY clients to mint and redeem RLUSD through the bank.Coinbase Prime integrated Figment's Ethereum staking services in early 2024, and when the two announced an expansion to networks such as Solana, Cardano, and Sui in October 2025, they stated that the partnership had facilitated over $2 billion in asset staking. Figment claims it has provided staking services to over 1,500 institutions, including asset management companies, custodians, exchanges, and wallets.

In the past 90 days, BTC has risen by 16.6%, with only 31 cryptocurrencies outperforming Bitcoin.Among them, BTW has increased by 219%, QNT has risen by 184%, NIGHT has grown by 171%, and RAY has surged by 151%, making them some of the stronger-performing cryptocurrencies.

Coinbase's EU policy head Roeland Van der Stappen stated that the EU's efforts to tighten regulation on DeFi may push crypto users towards platforms with less investor protection. He told Cointelegraph that regulated crypto platforms might limit or even eliminate access to DeFi services as a result. He mentioned that rules aimed at protecting investors will ultimately push activities towards the least protected areas.In September, the European Securities and Markets Authority, in response to the EU Commission's MiCA consultation, suggested establishing a new category of regulated crypto services for companies providing access to DeFi protocols for customers. The European Banking Authority urged the Commission to explore new regulations for crypto lending that include suitability testing as one of the options. Van der Stappen noted that extending such tests to other DeFi services could treat simple stablecoin exchanges and leveraged lending equally, despite the different risks involved; lending, liquidity provision, and on-chain exchanges would be the most affected activities.He warned that restricting access through regulated platforms could fragment DeFi liquidity into smaller pools, resulting in worse trading prices for EU users and fostering isolated "walled garden" services that direct users towards providers outside the EU with less protection. An Adan-Ipsos survey in 2026 showed that 49% of French crypto buyers preferred accessing DeFi through exchanges, while 14% preferred personal wallets. Chainalysis reported that the slight decline in crypto activity in Germany was mainly due to reduced activity on decentralized exchanges; overall crypto activity in the EU grew by 2.2% in the 12 months leading up to June 2026.

According to the "2026 Q4 Outlook Report on the Cryptocurrency Stock Market" published by RootData Research, from August to October 2026, Bitget's stock derivatives ±2% depth average reached 418 million USD, ranking first among eight platforms.In addition, Bitget's depth share reached 23.90%, with a larger visible order size within the ±2% range, demonstrating strong competitiveness in market liquidity supply.

Tron, Tether, and Chainalysis announced the establishment of a joint initiative called the "Digital Crime Task Force," aimed at identifying and combating illegal activities utilizing USDT on the Tron blockchain. The three parties stated that the task force will collaborate with law enforcement agencies through intelligence gathering to shorten the interval from threat identification to enforcement action, accelerating the asset freezing process before criminals can transfer funds. Tron founder Justin Sun stated that millions rely on USDT on Tron to sustain their livelihoods and businesses, and as digital finance reaches more people, the ability to protect must also be enhanced accordingly.The establishment of the task force comes against the backdrop of rising threats from AI-driven scams and cyberattacks in the cryptocurrency industry. Chainalysis pointed out that by 2025, the profit efficiency of AI-enabled scams will be 4.5 times that of traditional methods, with identity impersonation scams increasing by over 1400% year-on-year. Tether CEO Paolo Ardoino stated that criminals are using AI to accelerate their actions, and waiting for victims to report is no longer sufficient; Tether has collaborated with over 360 law enforcement agencies in 73 countries to freeze over $7 billion related to illegal activities.The task force plans to cover threat types including investment and romance scams, hacking attacks, terrorist financing, and North Korea-related cyberattacks. This formation follows the dissolution of a previous alliance: in 2024, Tron, Tether, and TRM Labs established the "T3 Financial Crime Group," which, according to Bloomberg earlier this month, was disbanded due to slow response and lack of coordination among members. Earlier this week, the cross-chain interoperability protocol Across resumed operations after experiencing a domain hijacking, and blockchain infrastructure provider Chainstack also disclosed that it faced an AI-driven security breach last month, leaking customer names, emails, and password hashes.

IT Home reported on November 12 that the Japanese government is considering requiring AI companies to fulfill security obligations and introducing new penalties to address the risks of uncontrolled advanced AI. The Japanese government plans to announce a comprehensive reform plan by the end of this year, with relevant content confirmed in a closed working group meeting discussing AI legal systems. This move aims to address significant threats such as AI cyberattacks and loss of control, ensuring that the government can take action against malicious companies that refuse to negotiate.Currently, the business division of AI companies is becoming increasingly detailed, including various aspects such as basic research, foundational model development, and user services. The Japanese government will further discuss the scope of regulatory targets. If American AI large model companies are included in the regulation, how to effectively protect the rights and interests of Japanese users will also become a problem that needs to be addressed. For companies that refuse to cooperate in negotiations after issues arise, the Japanese government plans to issue enforcement orders when necessary and consider imposing penalties on companies that defy these orders. These measures are expected to primarily target incidents of uncontrolled advanced AI and attacks.

According to official news, the token issuance platform Pons on Robinhood Chain announced that the platform has launched over 1 million tokens.

At Tencent's internal all-staff meeting celebrating its 28th anniversary, Ma Huateng proposed to accelerate organizational change. He believes that Tencent's transformation is somewhat late and cannot leisurely feel secure anymore. Ma Huateng compared it to the army and navy, stating that traditional core businesses like gaming and social networking must be safeguarded, but efficiency should be improved using AI. For example, tasks that originally required everyone can now be completed by half the staff, freeing up the other half to explore AI-native businesses and seek new growth points.Ma Huateng's previous statements regarding AI have been traceable. In January of this year, he emphasized that Tencent's AI layout should be steady and solid; in May, he used a ship analogy, stating that they initially thought they had secured a ticket for the AI ship, only to later find it was leaking and had to switch to another one. He specifically mentioned Google, believing that initially, everyone was worried about AI impacting search, but later felt that Google seemed to withstand it. Looking at this year, he noted that "the wave has really come," and traditional businesses like content cannot feel secure either. Google's search advertising revenue still grew by 12% in the third quarter of this year, but the growth rate has continuously declined from 19% in the first quarter to 17% in the second quarter, with management admitting that the commercial monetization capability of AI Mode is weak. On the day of its 28th anniversary, Tencent launched "Yuanbao Search," redoing the search process with a large model and integrating content from public accounts and video accounts.Ma Huateng also told the internal management that organizational transformation can no longer be about coddling employees, repeatedly persuading them, and negotiating terms. Some people even want to negotiate management positions before participating in new businesses. He demanded a flatter organization, with employees needing to quickly switch skills and adapt to new positions, stating that this reform is different from the "cost reduction and efficiency increase" from a few years ago, which mainly focused on cutting costs. Now, it is about changing the way the organization and personnel work, running faster with the existing manpower, and enabling small teams to accomplish big tasks. Related speeches subsequently sparked discussions in employee communities, with rumors of "Tencent laying off 50%" and "laying off 8,000 people" appearing on platforms like Maimai and Xiaohongshu. Tencent's PR director Zhang Jun clarified that the so-called 50% was merely a metaphor used by Ma Huateng for organizational transformation and not the layoff ratio, nor has it been announced that half of the employees would be laid off.

According to Gate market data, NVIDIA's stock price on the Tradegate platform has dropped by 7.4% compared to yesterday's closing price.

According to OnchainLens monitoring, the established Indian cryptocurrency exchange Unocoin reported unauthorized access to its servers on November 9 and temporarily disabled user login functionality.Approximately 81,000 tracked addresses show zero balances, and the Unocoin official website currently returns a 504 error.

Former Superstate engineering head Jon Walch tweeted that his new company Offworld Privacy will bring privacy cryptocurrencies like Zcash to private DeFi on Helius Privacy and Aztec Network. The first products include a trust-minimized shielded Zcash bridge and a private lending protocol.

Blockchain infrastructure service provider Chainstack disclosed that it experienced an AI-driven cyber attack from October 26 to 31, 2026. The attacker accessed the development environment through an unmodified default administrator credential and a Grafana instance without single sign-on protection, subsequently gaining cluster administrator privileges via an unauthenticated MCP tool server and stealing credentials through an automated platform, ultimately accessing the production environment to read the customer database.This incident resulted in the exposure of customer account information, including organization names, account holder names, member email addresses, and password hashes. The attacker also had access to systems containing node credentials, although there is no evidence that they were read; however, Chainstack still urged customers to rotate their node credentials. Chainstack stated that customer-facing services operated normally during the incident, and customer nodes, consoles, and APIs were not modified. Investigations revealed that the attacker used the open-source framework ARTEX, with no evidence found of exploiting software vulnerabilities. Chainstack has cut off the attack access path and requested customers to change passwords, rotate node credentials, regenerate platform API keys, and remain vigilant against phishing information.

The draft of South Korea's "Basic Law on Digital Assets," expected to be announced this month, will propose that a bank-led consortium be responsible for issuing the Korean won stablecoin. However, even if banks are responsible for issuance, exchanges and third-party payment platforms may still take on the circulation link connecting consumers and merchants, making user entry points and application scenarios key to competition.It is reported that the business integration between Upbit's operator Dunamu and Naver Financial could become an important variable. If related services are approved for integration, Dunamu could generate revenue through stablecoin transactions, while Naver Financial is expected to collect fees through merchant payments and settlements. A representative from South Korea's financial regulatory authorities pointed out that if stablecoins are used for electronic payments, related businesses may need to comply with the "Electronic Financial Transactions Act," and clarify obligations regarding the protection of recharged funds and settlement funds, transaction information management, and dispute resolution.

On November 12, regarding rumors that Tencent is laying off 50% of its staff, sources close to Tencent stated that this is a serious misinterpretation and is completely untrue. The sources indicated that this is a realignment of company resources to adapt to the AI era, and it may also be the source of the so-called "50% layoffs" rumor, which is entirely unfounded.During Tencent's 28th anniversary Linktime online live broadcast, Tencent's management proactively expressed their determination to accelerate organizational change, specifically mentioning that this is different from the "cost reduction and efficiency enhancement" initiative from a few years ago. The previous initiative was relatively passive and more focused on "cost reduction"; this time, it is a proactive approach aimed at the AI era, more focused on "efficiency enhancement," inspiring teams to create new value, and encouraging frontline colleagues to actively step forward, while the middle management needs to become flatter and more agile.To respond to the new changes, there is a need for proactive thinking about new strategies and new battlefields. Among them, 50% of the people are like the army, responsible for defending their territory, improving efficiency to manage the existing core business well; the other 50% are like the navy, embracing the waves, exploring AI Native, and expanding new development spaces. The sources stated that the above arrangements correspond to the realignment of company resources to adapt to the AI era.

According to the Science and Technology Innovation Board Daily, at the opening ceremony of Baidu World 2026, Baidu founder Robin Li stated that the iteration speed of models is very fast, with more than one new model released almost every day in the first nine months of this year. At the same time, the demand for model invocation has experienced a huge explosion, leading to the emergence of a batch of token transfer stations. To this end, Baidu launched the large model trading platform, Token Exchange.Robin Li stated that Token Exchange is a marketplace for large models, aiming to gather high-quality models and model providers, allowing enterprises and even individuals to easily find, purchase, and use reliable model tokens. Since its launch a month ago, over 100 supply resources have settled in Token Exchange, with an average daily invocation exceeding 50 million times and an average daily token invocation surpassing 700 billion.

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to 5.971 billion USD, with long positions at 2.748 billion USD, accounting for 46.02% of the holdings, and short positions at 3.223 billion USD, accounting for 53.98%. The profit and loss for long positions is -163 million USD, while for short positions it is 252 million USD.Among them, the whale address 0x5b5d..60 has shorted BTC with a 5x leverage at a price of 76383.1 USD, currently showing an unrealized profit and loss of 6.3977 million USD.