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The New York Times cited five individuals who previously worked at NVIDIA, reporting that in addition to the extramarital affair already acknowledged, Jensen Huang also had an extramarital relationship with Kimberly Powell, the Vice President of the company's healthcare business. Powell reports directly to Huang, and both are married.According to insiders, during the NVIDIA GTC developer conference in March this year, the two were spotted behaving intimately at a hotel in San Jose, California. Someone captured footage of the incident on a mobile phone, and Huang's security team subsequently isolated the shooter and requested them to sign a non-disclosure agreement. The New York Times stated that it has not seen the video, and the related relationship had previously been discussed internally within the company. Powell was originally scheduled to speak at the opening ceremony of the Milken Institute Health Summit in Washington on the morning of November 12, but the host, CNN reporter Meg Tirrell, announced that she had canceled her appearance without specifying the reason. When responding to a phone inquiry from a New York Times reporter, Huang stated that he did not believe the other party should speak directly with him, and then hung up the phone.This is the second time in a week that Huang has been exposed for an extramarital affair. Meanwhile, The Wall Street Journal reported that NVIDIA's board is preparing to dismiss Huang, with a special meeting scheduled as early as November 11 local time to discuss his future. Following the news, NVIDIA's stock price fell by about 9% in after-hours trading. Since Huang was first reported to have an extramarital relationship with Alice Huang, including the after-hours drop, its stock price has decreased by 18% across the two related reports, resulting in NVIDIA's market value evaporating by approximately $820 billion.

According to the Beijing Daily, on November 11, Foreign Ministry spokesperson Guo Jia Kun hosted a regular press conference. A Reuters reporter asked about the recent allegations involving Nvidia CEO Jensen Huang, noting that U.S. lawmakers on Tuesday again called for tightening restrictions on China's access to advanced artificial intelligence chips. Guo Jia Kun responded, "China's position on the issue of U.S. chip exports to China has been consistent."Previously, on November 8, Jensen Huang sent a letter to employees acknowledging personal matters, which were later implicated in a spy scandal. Both parties in the U.S. Congress used this opportunity to push for export restrictions on AI chips to China, with reports indicating that Republicans and Democrats are urgently promoting three related bills.

According to the Beijing Daily, on November 10, the spokesperson for the Ministry of Foreign Affairs, Guo Jiakun, hosted a regular press conference. A Bloomberg reporter asked whether the Ministry of Foreign Affairs could confirm if Alice Huang is a Chinese citizen and where she is currently located.Guo Jiakun responded, "We have previously addressed this matter. The so-called 'Chinese spy' narrative is purely a baseless accusation and smear."

Former U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler stated in an interview that after the scandal involving NVIDIA CEO Jensen Huang, the NVIDIA board will face "Tough Choices."However, as of now, the specific details and conclusions of the related investigation have not been disclosed in the provided information. Gary Gensler did not further clarify which aspects the board's decision specifically involves, but he mentioned that the stock price seems to show issues, and NVIDIA has already seen a decline in pre-market trading.

Chinese Foreign Ministry spokesperson Guo Jiakun responded to related questions at a regular press conference. A reporter from Agence France-Presse asked about NVIDIA CEO Jensen Huang admitting to an extramarital affair with a woman on Sunday, and that NVIDIA has launched an investigation; previously, U.S. officials referred to the woman as working for a Chinese intelligence agency and inquired whether the Foreign Ministry could respond, and whether this matter would affect the upcoming meeting between the Chinese and U.S. heads of state in Shenzhen next week.Guo Jiakun stated that the Chinese side had previously responded to this, and the so-called claims of Chinese spies are purely baseless and defamatory. A foreign media reporter followed up, asking if this meant the Chinese Foreign Ministry denied reports of the woman working for a Chinese intelligence agency. Guo Jiakun reiterated that the so-called claims of Chinese spies are purely baseless and defamatory.

NVIDIA CEO Jensen Huang apologized in an email sent to all employees regarding the extramarital affair. In the internal company letter, Huang stated that he takes full responsibility for being unfaithful to his wife, is completely dedicated to NVIDIA, and will work hard to regain everyone's trust.The NVIDIA board of directors issued a statement saying that it is initiating an independent investigation into CEO Jensen Huang and will hire external lawyers for the investigation, while also expressing confidence in Huang and his leadership team. As a result, NVIDIA's after-hours trading fell more than 2%. A spokesperson for NVIDIA stated that the investigation news will not slow down NVIDIA, and Jensen Huang has committed to continue leading the company as CEO without interruption.

Former Democratic Senator Sherrod Brown defeated incumbent Republican Senator Jon Husted in the Ohio Senate seat race, reclaiming the Senate seat, which poses a setback for the cryptocurrency political action committee Fairshake. Earlier this year, Fairshake invested $30 million in the Ohio campaign, explicitly targeting Brown. The crypto PAC and the broader cryptocurrency industry played a significant role in the 2024 elections, spending millions to influence political outcomes.This is not the first time Fairshake has funded efforts against Brown. Brown previously served as the chairman of the Senate Banking Committee, leading the cryptocurrency-related agenda and calling for action against the use of cryptocurrencies to fund terrorism and evade sanctions. In 2024, Fairshake invested $12 million to support pro-crypto Republican Bernie Moreno in challenging Brown, successfully defeating him. With the Democrats regaining control of the Senate, Brown may become the chairman of the Senate Agriculture Committee, which has jurisdiction over digital assets and prediction markets. Sources previously told The Block that if Brown takes the position, he is unlikely to push for any cryptocurrency legislation.Husted received support from the cryptocurrency advocacy group Stand With Crypto, having voted in favor of several cryptocurrency bills, including the broad cryptocurrency legislation "Clarity Act," and received an A rating from the organization, while Brown was rated F. Other candidates supported by Stand With Crypto include New Hampshire Democrat Chris Pappas, who won his campaign. Additionally, Democratic Senators Cory Booker and Mark Warner both successfully secured re-election, both of whom were involved in cryptocurrency legislative negotiations. Texas Democratic Senate candidate James Talarico received an A rating for his previous pro-crypto statements and voting to support the establishment of a strategic Bitcoin reserve in the state, defeating Texas Attorney General Ken Paxton on Tuesday.

The spokesperson for the Chinese Ministry of Foreign Affairs, Mao Ning, hosted a regular press conference. A reporter asked, according to the Financial Times, Nvidia requires some data center partners to provide at least 51% of their services to non-Chinese companies, which may restrict Chinese companies from accessing key artificial intelligence technologies. What is China's response to this?In response, Mao Ning stated that she is not familiar with the specific situation. We have always believed that all parties should cooperate based on the principles of fairness, transparency, and non-discrimination.

Democratic senators in the U.S. Senate have accused Elon Musk's social media platform X of giving preferential treatment to the prediction market Polymarket. Nevada Democratic Senator Catherine Cortez Masto, California Democratic Senator Adam Schiff, Nevada Democratic Senator Jacky Rosen, and Connecticut Democratic Senator Richard Blumenthal wrote in a joint letter first disclosed by Semafor that typically, X allows users to report ads for various reasons. However, when users attempt to report Polymarket's ads through X's standard interface, they are unable to select the report option. Other types of ads, including those from Kalshi, do not have this issue.This letter, which includes screenshots, claims that this seemingly unfair special treatment raises questions about whether X is trying to provide Polymarket with an improper competitive advantage, thereby benefiting the U.S. President and his family. Donald Trump Jr. has invested in Polymarket and serves as an advisor to the platform.

Russian President Vladimir Putin stated that despite the political tensions with the United States, Russia is still coordinating with SpaceX CEO Elon Musk and other American partners on low Earth orbit satellite networks. Putin referred to Musk as a "true genius," emphasizing the importance of ensuring non-interference in orbit.Russia is developing a system similar to "Starlink" called "Rassvet," which is planned to provide commercial services next year and deploy over 900 satellites by 2035.

Binance founder CZ recently accepted an interview with Japanese business media PIVOT, discussing his decision to voluntarily go to the United States to plead guilty and pay a hefty fine. He emphasized that this was because he did not want to be a fugitive or evade issues. CZ stated that Binance was only involved in registration-related violations, with no fraud and no victims, and that users have always been well protected. Serving time was an unpleasant experience and a lesson.CZ also mentioned that recently, American banks have committed more serious violations but were only fined $1.2 billion and were not prosecuted. He stated that the world is inherently unfair, but he is no longer entangled in it and wants to focus on moving forward, learning from experiences to do more positive things.

The spokesperson of the Ministry of Foreign Affairs, Mao Ning, hosted a regular press conference. A reporter from AFP asked whether the U.S. government has requested federal agencies to stop using Chinese artificial intelligence products like DeepSeek, citing concerns about the potential transfer of sensitive data, and inquired about China's comments.Mao Ning stated that China has always opposed the generalization of the concept of national security and the politicization of technological and economic issues, and will firmly safeguard the legitimate rights and interests of Chinese enterprises. Previously, the U.S. government prohibited civilian agencies from using DeepSeek products.

According to Cointelegraph, Protect Progress, an affiliated organization of the Fairshake super PAC closely related to the cryptocurrency industry, has submitted documents to the Federal Election Commission revealing that it has spent $362,000 on advertising to support Democratic incumbent Congresswoman Aisha Wahab in California's 14th congressional district, whose opponent is fellow Democrat Melissa Hernandez.Notably, Wahab defeated Hernandez with over 53% of the vote in the special election on August 18, aimed at filling the vacancy left by Eric Swalwell's resignation, which ends in January 2027. Swalwell resigned in April this year due to sexual assault allegations. Both Wahab and Hernandez were previously rated as "strongly supportive of crypto" in a questionnaire from the digital asset organization Stand With Crypto.Fairshake was established in 2023, primarily funded by Coinbase, Ripple Labs, and Andreessen Horowitz. Since the 2024 U.S. elections, the super PAC has invested tens of millions of dollars to support candidates it identifies as "pro-crypto." Its affiliated organization, Defend American Jobs, has also spent over $6.7 million opposing independent candidate Dan Osborn in the Nebraska Senate election and invested $8 million supporting incumbent Republican Jon Husted in Ohio, with total spending in that election exceeding $46 million.

The Financial Supervisory Service of Korea stated that it will conduct a rapid investigation into unfair trading associated with virtual asset issuance foundations in order to address behaviors that harm market order.Related content was presented in the report on the current status of supervision by the National Assembly's Political Committee, with a plan named "Strengthening User Protection for Digital Assets and Establishing a Sound Trading Order."

According to documents submitted by the Federal Election Commission (FEC) on October 15, the political action committee Fairshake, primarily funded by Coinbase and Ripple Labs, has invested $46.6 million through its affiliated organization Defend American Jobs in the Ohio Senate election for media advertising opposing former Congressman Sherrod Brown's return to the Senate and supporting Republican incumbent Jon Husted. This expenditure is over 50% more than Fairshake's initial plan of $30 million announced in September.In an interview aired on Pod Save America on October 16, Brown responded that he has spent his entire career battling Wall Street, big pharmaceutical companies, and oil giants, achieving success in many cases, while Husted is a spokesperson for these forces, which is why they have invested tens of millions of dollars. In addition to Fairshake, the super PAC Digital Freedom Fund, established by Gemini co-founders Tyler and Cameron Winklevoss, reported approximately $3 million in advertising expenditures this week to oppose Brown and support Husted, bringing the total media spending in the Ohio campaign to over $5.9 million. With less than three weeks until the U.S. elections, early voting in Ohio has been underway for 10 days.Fairshake's spending this round has exceeded $41 million for 2024, when the PAC supported Republican Bernie Moreno and opposed the incumbent Brown. Brown, who previously served as chairman of the Senate Banking Committee, is one of the lawmakers in Congress openly questioning the laws and policies supported by the cryptocurrency industry. Defend American Jobs also reported spending over $6.7 million in the Nebraska Senate election opposing independent candidate Dan Osborn, whose opponent, Republican Pete Ricketts, voted in favor of the Digital Asset Market Structure Act and legislation related to stablecoins. Fairshake stated in January of this year that it held $193 million in cash before the election.

With only 22 days left until the U.S. midterm elections, Fairshake, aligned with the stance of the U.S. cryptocurrency industry, and its affiliated Political Action Committee (PAC) have ramped up advertising to support their identified "crypto-friendly" candidates. According to documents disclosed by the Federal Election Commission (FEC) on Saturday, the PACs Defend American Jobs and Protect Progress have collectively spent $2.7 million on media and direct mail production to support Democratic and Republican candidates running for the U.S. House of Representatives in 2026. Fairshake's funding primarily comes from donations from investment bank Cantor Fitzgerald, cryptocurrency exchange Coinbase, and Ripple Labs.Specific expenditures include: over $76,000 for House Majority Whip Tom Emmer, $73,000 for House Agriculture Committee Chair Glenn Thompson, $512,000 for California Congressman Pete Aguilar, and $500,000 for New Jersey Congressman Josh Gottheimer. A few days earlier, Fairshake announced it would additionally support 32 House candidates in 2026, with 6 of them each receiving $1 million in media support.

The cryptocurrency industry's main political action committee Fairshake has announced a new list of endorsements, supporting 32 current members of the U.S. House of Representatives in the November elections, including 13 Democrats and 19 Republicans. According to Fairshake spokesperson Geoff Vetter, six of them will each receive $1 million in support from Fairshake and its affiliated organizations. Vetter stated that Fairshake supports pro-crypto candidates from both parties who advocate for American innovation.The three Republicans receiving significant support are House Financial Services Committee Chairman French Hill, senior committee member Bill Huizenga, and Bryan Steil, who also serves as chairman of the Digital Assets Subcommittee. On the Democratic side, Nevada Representative Steven Horsford and California Representative Derek Tran received higher support, both earning an A rating in the digital asset issue assessment from Stand With Crypto, along with Oregon Representative Janelle Bynum. Bynum defeated Republican Lori Chavez-DeRemer two years ago to win her seat, the latter having previously served as Labor Secretary under the Trump administration.These members largely come from the House fundraising committee and the key Financial Services Committee, which will handle cryptocurrency tax issues. Vetter noted that Fairshake has supported 53 winners in 57 primary campaigns, aiming to create the largest pro-crypto caucus in American history.

According to Bitcoin Magazine, Bitwise's André Dragosch stated that the fair value of Bitcoin is $197,000. He also provided a rule of thumb for assessing the risk of 10-year U.S. Treasury yield: when the yield rises by 80 basis points within 20 trading days, the market will enter a danger zone.Dragosch pointed out that the speed of the yield increase is more important than its absolute level. He believes that once the stock market experiences a correction, it may force the Federal Reserve to shift to an easing policy, and this shift could become the last domino before Bitcoin truly enters a bull market.

Crypto In America host Eleanor Terrett posted on X that after the failure of the Clarity Act, the crypto industry's super political action committee Fairshake is preparing to make its largest expenditure this year, investing $30 million to oppose Sherrod Brown's re-election campaign for senator.If Brown successfully returns to the Senate, he may regain his qualifications and serve as the chairman or a senior member of the Senate Banking Committee. This news was first reported by The New York Times and confirmed to Eleanor Terrett by a Fairshake spokesperson.