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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.

According to Cointelegraph, Strive has raised the annual dividend rate of its perpetual preferred stock SATA to 13.25%, effective from December 1.The fixed annual dividend rate of SATS will remain at 15%. Strive currently holds approximately 43,153 BTC.

The Enforcement Directorate (ED) of India raided locations related to CoinDCX and Delta, accusing them of unauthorized cross-border transactions. CoinDCX stated that they are cooperating with the inquiry, have registered with FIU-IND, and are complying with foreign exchange management laws, with transactions and deposits being normal.

DeFi Development Corp preferred stock CHAD raised enough funds to purchase over 1170 Solana, setting a new daily record.

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 the American financial media Semafor, some NVIDIA directors prefer to appoint Chief Financial Officer Colette Kress as interim Chief Executive Officer.

Morgan Stanley removed NVIDIA (NVDA.O) from its preferred stock list and maintained an "Overweight" rating.

The Sui native hardware wallet project Suiball announced the termination of operations on platform X and will refund all pre-order users. Suiball stated that due to recent security incidents involving hardware wallets in the industry, the Sui Foundation believes the risks of continuing to support the hardware wallet project are too high.Suiball indicated that its hardware products have completed development and entered the production phase, with plans to ship to the first batch of supporters. Approximately 80% of on-chain pre-order orders will automatically receive USDC refunds within the next week, with funds sent to the wallets holding the pre-order NFTs.Credit card pre-order users need to provide their Sui wallet address via official email to receive the USDC refund. The project team stated that after the refunds are completed, they will permanently delete the personal information provided by users and officially close Suiball.

According to Onchain Lens monitoring, a wallet on the decentralized perpetual contract trading platform Hyperliquid has accumulated approximately $4.955 million in rewards through 81,741 referrals.Among them, approximately $4.94 million is in USDC, and a total of about $14,150 is in USDe, USDT0, and USDH.

On-chain detective ZachXBT stated that the $16 billion in illegal transactions involving the cryptocurrency exchange MEXC, as pointed out by the U.S. Financial Crimes Enforcement Network (FinCEN), may be overstated. He noted that MEXC's past anti-money laundering and customer identification policies have been relatively lax, but he hopes to see relevant data, the proportion of suspected illegal transaction amounts to MEXC's total trading volume, and comparisons with other exchanges.ZachXBT also questioned why some offshore exchanges, which have almost no business in the U.S., quickly cut off channels for MEXC users to transfer assets, and who these measures are actually protecting.

Tom Lee, Chairman of the Ethereum treasury company Bitmine, stated that although the ETH price continues to be disappointing, this more reflects the market's lack of patience. In 2026, the wave of tokenization is steadily advancing and making significant progress, with the vast majority of tokenized assets built on Ethereum. Ethereum founder Vitalik Buterin also reaffirmed ETH's positioning as a store of value.In addition, Tom Lee believes that the cryptocurrency bull market has just begun, and the AI narrative has not absorbed all the new capital. Overall, the outlook for the cryptocurrency market remains bullish for the next 24 to 36 months, and he calls on investors to be prepared.

On November 8, Tencent's AI product WorkBuddy released a statement and compensation announcement regarding the DeepSeek-V4.1 Flash discount event. On September 10, WorkBuddy launched DeepSeek-V4.1 Flash and simultaneously started a two-week 50% discount points experience event, which was originally scheduled to end on September 24. Subsequently, WorkBuddy extended the discount until November 5 and restored the original price starting from 14:00 on November 5. Due to the delay in announcing this adjustment to users, WorkBuddy expressed its apologies for the inconvenience caused.WorkBuddy has decided that for accounts that used DeepSeek-V4.1 Flash from 14:00 on November 5 to 23:59 on November 8, all points consumed during this period will be settled at the original price with a 50% discount. The difference, which is 50% of the total points actually consumed, will be fully refunded. No application is required for the refund, as it will be automatically calculated by the system and is expected to be credited within 7 working days.

Zhao Changpeng responded to the Genius App community invitation on platform X, stating that the team had invited him to create a public account, but he declined the proposal due to concerns about receiving a large number of meaningless token donations again.Zhao Changpeng mentioned that he has downloaded the Genius App for understanding but has not yet used the app for trading. He emphasized, "I am not a trader; I just accumulate and hold, and I only hold mainstream coins."Previously, members of the Genius App community extended a public invitation to Zhao Changpeng, stating that over 10,000 BNB community users have joined the app and hope that Zhao Changpeng can also register an account and participate in community interactions.

According to Bloomberg, the Binance hacking incident is prompting the cryptocurrency industry to re-examine its long-held decentralized philosophy, as well as the transaction review, settlement delays, and fund intervention mechanisms in the traditional financial system.As the cryptocurrency industry seeks to enter the mainstream financial market in the United States, some institutional investors are beginning to reconsider Wall Street's financial risk control mechanisms. In traditional finance, banks, payment networks, and clearing institutions can review suspicious transactions during the fund transfer process and can suspend fund flows under certain circumstances.Third Eye CEO Tian Zeng stated that he hopes the settlement time can be shortened from the traditional financial T+1 day to T+1 hour, by appropriately extending the settlement time and increasing review steps, thereby reducing hackers' ability to quickly transfer funds.FalconX Co-Head of Markets Joshua Lim pointed out that as more institutions enter the cryptocurrency market, the client structure is changing, and some institutions are no longer willing to fully accept the risks associated with irreversible transactions. As the cryptocurrency industry further integrates with traditional finance, how to balance transaction efficiency, decentralization, and fund security will become a problem that the industry must face.

The U.S. midterm elections have just concluded, and both parties have begun strategizing for the 2028 presidential election. On the Republican side, Vice President Vance has publicly linked the midterm election losses to the war in Iran, proposing four tasks: ending the war, addressing the cost of living and inflation, adhering to "America First," and adjusting U.S.-Israel relations, in an attempt to respond to voters' dissatisfaction with the Trump administration's foreign policy. However, Vance has not yet announced his candidacy and has not publicly broken with Trump. Rubio, DeSantis, and others are also listed as potential Republican candidates.On the Democratic side, the victory in the midterm elections has enhanced the political influence of several party figures. Pennsylvania Governor Shapiro, Illinois Governor Pritzker, Maryland Governor Wes Moore, and California Governor Newsom have all garnered attention. Georgia Senator Ossoff, after winning re-election, has also entered discussions as a potential candidate for 2028, although he has previously stated that he has no plans to run. Currently, neither party has officially initiated the presidential candidate nomination process. The cost of living, inflation, the war in Iran, immigration, and U.S. foreign policy are becoming core issues for potential candidates to garner party support and voter attention.

DDC Enterprise announced the initial public offering of preferred stock SAVOR (SVOR), with an initial offering price of $20 and an annual dividend rate of 13.5%, paid daily.This issuance is expected to raise $24 million, which will be used to repay convertible notes, fund the dividend reserve account, and increase Bitcoin holdings.

Bitget IPO Prime Phase 3 Project Anthropic is now open for VIP round subscription. VIP 1 to VIP 7 users can participate in the subscription using USDT or USDGO. The allocated assets will be delivered in rANT, relying on Bitget's RWA infrastructure to mirror the economic performance of ANT after its listing on a 1:1 basis.The VIP round subscription period is from November 5, 16:00 to November 9, 16:00 (UTC+8), with an investment range of $100-$3,000,000 and a total investment pool cap of $1,000,000,000. The historical reference allocation rate is 40-80%, the underwriting service fee is 12%, and the distribution time is 3 to 5 working days after the IPO.In addition, the public round subscription will open on November 10, 16:00 (UTC+8), available to all eligible users. For more details, please refer to the Bitget official platform.

The U.S. Treasury Department announced that the quarterly refinancing scale is set at 125 billion dollars, in line with expectations.The Treasury will auction 42 billion dollars in ten-year Treasury bonds and will offer 25 billion dollars in thirty-year Treasury bonds.