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According to Seoul Economic Daily on November 12, British artificial intelligence infrastructure company Nscale is advancing the construction of more than two artificial intelligence data centers in South Korea. The company established its Korean entity, Nscale Service KR, in July 2026, responsible for data center investment, development, operation, and management. Nscale was founded in 2024, independently procures graphics processing units, and operates artificial intelligence data centers, with a corporate value of approximately 35 billion USD, equivalent to about 47 trillion Korean Won, and is pushing for a listing in the United States.The project has been confirmed to be located in Gumi, North Gyeongsang Province. The original plan was to construct a phase one artificial intelligence data center with a scale of 300 megawatts as a consortium, but it has since changed to be built separately by Nscale and other participants. The data center for which Nscale is responsible is currently undergoing licensing and preparing to commence construction. The company is also evaluating the addition of data centers in other regions of South Korea, through methods including new site construction, renovation of existing facilities, and leasing data centers from other companies. An industry insider who requested anonymity stated that Nscale has previously renovated old data centers overseas and installed graphics processing server units to reduce capital burdens, and may propose similar collaborations to South Korean companies.Additionally, according to the report, the American cloud company CoreWeave is also advancing the construction of data centers in South Korea and appointed Kim Hyun-sik, who previously worked at Microsoft and SoftBank, as the head of its Korean subsidiary last year. The artificial intelligence data center being built by Amazon Web Services and SK Group in Ulsan is scheduled to begin operations next year, and Microsoft has recently started construction on its third data center in Busan. Goldman Sachs analysis indicates that after the Democratic Party's victories in U.S. state and local elections, about 45% of the planned capacity expansions for artificial intelligence data centers in the U.S. may be affected by regulations. CoreWeave stated in a conference call on November 11 that it is expanding its business in Canada, Europe, and Asia to diversify regional regulatory risks. The South Korean government is promoting differentiated electricity pricing by region and a dedicated electricity pricing plan for artificial intelligence data centers.

According to the "Science and Technology Innovation Board Daily," sources close to Tencent have revealed that WeChat's "Look" feature is currently undergoing a small-scale gray testing for a short drama entry. Some users can access this entry to view recently watched short dramas. This entry aims to help users more conveniently find high-quality short drama content and enhance the exposure of creators.In addition, Tencent launched the "Green Bubble Short Drama" free mini-program within the WeChat ecosystem in October this year. The previously existing "Short Drama" mini-program in the WeChat ecosystem has also been renamed to "Green Bubble Short Drama" and has entered the gray testing phase.

Tianfeng International Securities analyst Ming-Chi Kuo stated that Jensen Huang's importance to NVIDIA lies in his ability to transform technologies deemed feasible by engineers into products that the company must invest resources in, take risks on, and deliver. He believes this provides the supply chain with strong order visibility and a willingness to cooperate with aggressive specification upgrades; this move will also force competitors to follow suit, thereby driving technological upgrades and supply chain investments across the entire AI industry.Kuo mentioned that compared to providing order visibility to the supply chain, deciding on and implementing aggressive specification upgrades is more challenging. Jensen Huang does not need to be the person within NVIDIA who understands new technologies such as HVDC, CPO/NPO, or CCL/PTFE the best; his value lies in weighing strategy, organization, technology, and supply chain simultaneously, and making decisions and allocating resources quickly. He indicated that based on the information currently available, it is difficult for Jensen Huang to step back completely; if so, the actual approach may be to gradually reduce NVIDIA's reliance on Huang's personal decisions while preparing a succession plan. Two things worth observing in this process are whether NVIDIA can continue to develop new products and technologies as efficiently as before, and how competitors will respond. He stated that supply chain research will be an important basis for judging the direction of AI technology and investment.

Zach Pandl, the head of research at Grayscale, pointed out that the number of monthly active developers for Zcash has roughly doubled over the past two years, while the broader cryptocurrency developer community has declined from its peak during the same period.About 70% of Zcash's active developers have over a year of experience in cryptocurrency development, which is higher than the overall industry average of 58%. These developers possess expertise in zero-knowledge proofs and post-quantum cryptography research. The article suggests that the continued engagement of developers indicates the network's capability for ongoing improvement. The growing developer community of Zcash combines a strong privacy ethos with the goal of making private digital currencies more accessible. This momentum is expected to continue supporting protocol innovation and may ultimately translate into an increase in ZEC valuation.

According to Cointelegraph, the U.S. Securities and Exchange Commission (SEC) initiated 348 enforcement actions in fiscal year 2026, a decrease of 23.7% from 456 in the previous fiscal year, marking the lowest number since 1991. The enforcement results for that year included cases involving alleged cryptocurrency fraud and failures in the audit of FTX.The SEC stated that it has charged three so-called cryptocurrency trading platforms and four investment clubs for participating in a scheme that allegedly defrauded investors of at least $14 million; in another case, the founder of a Bitcoin mining company was accused of misappropriating $48.5 million, with the company having previously raised over $95.6 million from approximately 6,400 investors. In April, the SEC reached a settlement with Francis Decker, a partner at Prager Metis, responsible for the audit of FTX, regarding the failure to meet professional auditing standards. Fiscal year 2026 was the first full fiscal year under SEC Chairman Paul Atkins, with independent enforcement actions decreasing from 303 in the previous year to 235.

According to BBX data, yesterday and in recent days, global publicly listed companies in the U.S. stock market have announced the latest developments regarding the sale of digital asset reserves and business operations, with key information as follows:· Hyperscale Data (NASDAQ: $GPUS) liquidated the remaining 211 bitcoins, fully transforming into an AI data center: The publicly listed company Hyperscale Data announced that as of November 8, the company has sold all of the remaining 211.56 bitcoins on its balance sheet at an average price of approximately $76,000 per bitcoin, cashing out about $16 million. Since initiating the liquidation of its reserves in late July this year, the company has cumulatively sold about 1,113 bitcoins, generating total revenue of approximately $74.4 million. The official statement clearly indicates that these funds will be specifically used to repay company debts and accelerate the construction of its AI data center in Michigan.· Bitdeer (NASDAQ: $BTDR) released its Q3 2026 financial report, with bitcoin production surging 248% year-on-year: Leading bitcoin mining company Bitdeer announced impressive performance for the third quarter. The total revenue for the quarter reached $320.7 million, a significant year-on-year increase of 89%; adjusted EBITDA soared 173% to $69.6 million. In terms of computing power and output, its self-mining computing power surged 135% year-on-year to 82.3 EH/s, driving the total bitcoin production for the quarter to 3,855 bitcoins, achieving an astonishing year-on-year growth of 248%.· SOL Strategies disclosed Q4 performance, with its HoudiniSwap trading volume skyrocketing: SOL treasury ecosystem company SOL Strategies released preliminary unaudited performance for the fourth fiscal quarter. The total revenue for the quarter was approximately CAD 4 million (about USD 2.83 million). Notably, its decentralized exchange protocol HoudiniSwap successfully processed approximately CAD 326 million (about USD 231 million) in exchange transactions during its first full quarter after being integrated into the company, generating approximately CAD 3.4 million (about USD 2.41 million) in exchange fee revenue. Its trading volume in September saw a significant increase of 37% compared to June.

According to RootData, yesterday (Eastern Time November 10), the total net outflow of Ethereum spot ETFs was $1.3 million.The Ethereum spot ETF with the highest single-day net outflow was Grayscale Ethereum Trust ETF ETH, with a net outflow of $2 million.Following that was 21Shares ETF TETH, with a net outflow of $400,000.

BitMine (BMNR) disclosed in its 10-K annual report submitted to the U.S. Securities and Exchange Commission that it expects a net loss of approximately $6.313 billion for the fiscal year ending August 31, 2026, compared to a net profit of $349 million in the previous fiscal year. The loss is primarily due to changes in the fair value of digital assets, with the company recording approximately $6.229 billion in unrealized losses on digital assets throughout the year, mainly due to the decline in the fair value of ETH.BitMine's total revenue for the year was approximately $125 million, with staking and validation services contributing about $121 million, accounting for approximately 97% of total revenue. As of the end of the fiscal year, the company held 5,901,837 ETH and 211 BTC, with an ETH holding cost of approximately $19.948 billion and a fair value at the end of the period of approximately $14.559 billion.Additionally, according to a position update released by BitMine on November 9, as of November 8, the company's ETH holdings have increased to 6,070,092, accounting for approximately 4.97% of the ETH supply, of which 5,227,037 ETH has been staked.

According to the Daily Telegraph, the UK AI data center company Nscale is considering postponing its $35 billion (approximately £26 billion) listing plan until next year. Last week, global tech stocks faced a sell-off, with the US stock market losing $3 trillion in value, raising concerns that the Democratic "blue wave" after the US midterm elections could slow down data center construction, leading to a collective decline in valuations of highly leveraged AI companies.Nscale originally planned to go public "soon" in New York. According to US stock market rules, if the company does not release a new quarterly financial report soon, it has only a few days left to initiate trading; insiders say no decision has been made yet, and the company is expected to announce its third-quarter financial report shortly.Nscale submitted its application to list on the New York Stock Exchange in September this year, hoping to achieve a valuation of up to $35 billion, but some investors believe it may be less than half of that figure based on current market conditions; earlier this year, a round of financing valued it at $14.6 billion.The listing plan has faced setbacks: Microsoft withdrew last month from a deal to lease its flagship data center in Loughton, Essex, and rejected space in other parts of the company’s facilities; delays in grid connection could push the UK site back to the next decade.Nscale's investors include Nvidia (which was expected to reinvest $1 billion this month), and its board includes former UK Deputy Prime Minister Nick Clegg, who is expected to gain up to $40 million from the listing, while CEO Josh Payne could receive $350 million. The company's contracts with clients such as Microsoft and Anthropic are worth over $100 billion, but they largely depend on the completion of new data centers; the company declined to comment.

Grayscale announced the launch of the investor education platform Zcash Invest and placed a cover advertisement in the print edition of The Wall Street Journal to promote Zcash and its Zcash ETF (ZCSH). This promotional campaign will also cover channels such as outdoor advertising, streaming media, and social media.Grayscale plans to use all the initiation fees collected in the first year for ZCSH as an exchange-traded product (ETP) to support the development, promotion, and education of the Zcash network, and plans to provide $1 million in funding to relevant nonprofit organizations and projects.The first $400,000 has been granted to the Zcash Foundation, Pretty Good Policy for Zcash, Shielded Labs, and Project Tachyon, with each receiving $100,000.

According to PR Newswire, Hyperscale Data (NYSE American: GPUS) announced on November 10 that as of November 8, 2026, the company has sold all of its remaining Bitcoin reserves at an average price of approximately $76,000 per coin, totaling about 211.56 coins, generating gross proceeds of approximately $16 million.Since the initial sale of part of its reserves in late July 2026, the company has cumulatively sold about 1,113 Bitcoins, with proceeds of approximately $74.4 million.The company stated that the funds will be used to pay off debt and finance the ongoing construction of its AI data center in Michigan. CEO Will Horne stated that the primary goal is to power on the first 10 megawatts of critical IT capacity for the Michigan data center in December. The company continues to mine at its Montana facility, and future Bitcoin on the balance sheet is expected to primarily come from its own mining operations.

The Chief Information Security Officer of Slow Fog, 23pds, reminds that malicious IPA can utilize worse_query to read other application containers, and plaintext stored wallet data may be at risk.

The U.S. Department of the Treasury released data showing that as of September 30, the federal budget deficit for fiscal year 2026 totaled $2 trillion, an increase of $217 billion from the previous fiscal year, representing a 12% increase. The deficit for fiscal year 2026 accounts for 6.2% of GDP, and the total federal debt held by the public reached 100% of GDP.

According to Onchain Lens monitoring, Grayscale holds 834,900 AVAX, worth 7.2 million dollars.

Aave stated that Sentora became the first curator on Aave to exceed a deposit scale of 100 million dollars in less than three weeks.

Hyperscale Data plans to repurchase up to $50 million of common stock at a price of $2 in cash plus 1 share of 12% preferred stock for every 100 shares, representing an 82% premium over the closing price on November 6.

Binance stated that a message claiming to sell 335.9 million user data may be a scam, and currently, there is no evidence that its systems, customer verification data, account credentials, or wallet private keys have been compromised; the investigation is ongoing.Security monitoring company ThreatMon reported that the forum seller is demanding $900,000 and threatened to release the data if Binance does not pay. The seller claims that the data covers users from approximately 170 countries, including identity information, passwords, and private keys, but these claims and samples have not been verified, and the number of records does not equal the number of affected individuals. Binance pointed out that the platform does not store passwords in plain text and does not hold the private keys of users' external wallets, and the information mentioned regions where it no longer operates. This data leak rumor is not the same as the wallet attack incident on October 29.

The California Department of Financial Protection and Innovation (DFPI) has ordered cryptocurrency ATM operator Coinflip to compensate local scam victims over $4.8 million and to pay over $350,000 in illegally collected excess fees to regulators. The order involves approximately 500 devices operated by Coinflip in California and requires them to cease illegal activities.The investigation found that since 2021, Coinflip has failed to adequately identify users and has not effectively detected, prevented, reported, or mitigated suspicious activities. Relevant transactions also exceeded California's daily customer limit of $1,000, and there were issues such as failure to provide written disclosures before purchases and incomplete receipt information. DFPI stated that scammers impersonate trusted institutions, falsely claiming that there are problems with accounts or computers, and induce victims to withdraw cash and transfer funds through nearby ATMs; the cryptocurrency purchased by victims by scanning QR codes is transferred to the scammers' wallets. Regulators pointed out that the elderly are particularly vulnerable to such scams.