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According to Bitget market data, Hong Kong stocks in artificial intelligence fluctuated lower, with Shenghong Technology (02476.HK) down 8.63%, Zhipu (02513.HK) down 7.09%, MINIMAX-W (00100.HK) down 4.76%, and Changfei Optical Fiber Cable (06869.HK) down 3.56%.

According to foreign media reports, on November 12 local time, NVIDIA CEO Jensen Huang will lose approximately $108 million in unvested equity awards after his departure. According to the Bloomberg Billionaires Index, this award accounts for about 0.07% of his personal net worth.The report pointed out that according to NVIDIA's equity compensation policy, unvested restricted stock units will be forfeited when executives leave. Jensen Huang currently holds about 346,000 such units.

DeFi Technologies, a digital asset financial services company (NASDAQ: DEFT), announced its Q3 2026 financial report on November 12, with quarterly revenue of $18.3 million, a decrease of approximately 18% compared to $22.3 million in the same period last year; operating profit was $7 million, and net profit reached $22.3 million, with significant contributions to profit from trading gains and investment revaluation.Its subsidiary, Valour, a digital asset investment product issuer, achieved a net inflow of $26.1 million in Q3, with total management fees, staking, and lending income of $3.8 million. As of the end of September, Valour's assets under management reached $643.7 million, an increase of approximately 62% compared to the end of Q2. The company held approximately $159 million in cash, digital assets, and other investments as of the end of September, with digital asset reserves valued at approximately $48.2 million.

According to reports from Xinhua News Agency citing American media, senior Democratic Party officials in Congress have confirmed that after the Democratic Party officially takes control of Congress in January next year, several senior officials from the Trump administration, including Secretary of State Rubio, may become targets of investigations and impeachment.Senior Democratic members of the House of Representatives and the Senate have stated that they are considering launching investigations and holding congressional hearings, potentially initiating impeachment proceedings, with targets including Secretary of State Rubio, Secretary of Commerce Howard Lutnick, White House Chief of Staff Stephen Miller, and Border Affairs Director Tom Homan. Reports indicate that although the impeachment attempt against Secretary of Defense Hegseth was unsuccessful this week, the Democratic Party's oversight investigation plans extend far beyond just him.

According to The Information, sources say that with Jensen Huang's departure, an anonymous executive from a cloud service provider that is purchasing NVIDIA chips revealed that the company is considering sourcing alternative chips from companies like Google and AMD.The executive stated that the company had previously considered diversifying suppliers but was concerned about offending Jensen Huang.

Renowned investor Duan Yongping stated that Jensen Huang's departure may be the final decision made by NVIDIA's board of directors. In the short term, it will not affect NVIDIA's business, but whether it can maintain its competitive advantage in the coming years depends on finding a suitable successor CEO. Jensen Huang is diligent and has a forward-looking perspective on the development of the AI industry, making it challenging to find a successor with these qualities.Duan Yongping mentioned that NVIDIA's business model heavily relies on an excellent management team. If the capabilities and execution of the management team cannot be maintained, the company's competitiveness in the next 3 to 5 years may be impacted. However, the AI industry is still in its early stages, and it is expected to maintain good growth momentum over the next decade. Regarding the possibility of Jensen Huang returning in the future, Duan Yongping stated that if the reasons for his departure still exist, it is highly likely that Jensen Huang will not return as CEO. However, NVIDIA may also consider inviting him to serve in advisory roles or similar positions, allowing him to continue exerting influence in a shadow CEO capacity, but without formal signing responsibilities. Relevant arrangements may not have clear conclusions before the end of the hearing, and the final outcome may still require some time to wait.

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 "Du Jia," Xiaohongshu is currently testing an independent app called "Dada," positioned as an AI partner community platform. Users can create and share domain agents (referred to as "partners") through a low-code approach. Currently, dozens of partners have been launched in areas such as design aesthetics and job hunting, supporting text and image conversations.Unlike products that focus on autonomous cross-application task execution, Dada downplays the AI's autonomous action capabilities and instead enhances the transmission of experience between people: AI serves as a container, with the underlying professional logic encapsulated by the creator. Users can transform their personal methodologies into reusable, deliverable AI personas. The product also opens up group chat capabilities, allowing users to pull partners into conversations as group members, participate in multi-person discussions, and supports one-click sharing of invitation links to WeChat. After binding their Xiaohongshu account, partners can read public profile information to provide answers that better align with personal preferences. The product is still in the testing phase, and its specific form will be subject to official announcements.

According to Bloomingbit, the U.S. Treasury is promoting a plan to impose counterparty due diligence requirements on stablecoin issuers that are equivalent to those for banks.The core of the proposal is to require stablecoin issuers to bear the same counterparty due diligence obligations as U.S. banks, tightening the verification standards for stablecoin issuers. Specific details, including the implementation timeline and the scope of entities and activities covered, have not yet been disclosed.

The blockchain game project MapleStory Universe (MSU) announced on its platform that due to the discovery of unauthorized external access to part of its off-chain server infrastructure, all services will be placed in maintenance mode starting from November 12, 2026, at 12:43 Beijing time. Preliminary investigations indicate that the blockchain and smart contracts were not affected, and on-chain records and wallets show that this incident did not result in asset transfers or theft, and user wallet private keys were never uploaded to the MSU system.The attackers obtained records of some users after November 5 at 07:26, including wallet addresses, nicknames, avatars, login history, some email addresses, associated social account information, OpenAPI usage records, and transaction and service activity records, but did not include real names, phone numbers, physical addresses, KYC, or payment card information. In addition, information registered for 328 applications in the Builder Center was also accessed, but the exposed API keys could not affect assets. MSU has cut off the attack path, revoked leaked credentials, and replaced affected servers, and will replace all operational keys before restoring services.

Cryptocurrency exchange Gemini announced its third-quarter financial report, with total revenue for the quarter at $40.9 million, a year-over-year decrease of 19% and a quarter-over-quarter decrease of 10%, compared to $50.6 million in the same period last year. The net loss narrowed to $58.6 million, down from nearly $160 million in the same period last year and $107.7 million in the second quarter. After the financial report was released, Gemini Space Station Inc. (GEMI) saw its stock price rise 6.5% in after-hours trading to $2.79, but the cumulative decline for the year remains around 75%.The trading business is under significant pressure. Affected by the drop in trading volume from $16.4 billion in the same period last year to $4.5 billion, exchange business revenue fell 47% to $13.4 million, although trading volume increased by 18% quarter-over-quarter. Revenue from credit card operations decreased by 4% quarter-over-quarter to $15.5 million, while platform assets grew from $8.4 billion in the second quarter to $13.4 billion. Operating expenses decreased by 30% year-over-year to approximately $120 million. CEO Tyler Winklevoss stated that operating expenses have decreased for the third consecutive quarter, maintaining spending discipline while investing in growth.Forecasting market operations became a highlight, contributing $800,000 in revenue for the quarter, a quarter-over-quarter increase of 52%. The company is pushing to open its exchange and clearinghouse to brokers wishing to offer event contracts and signed a letter of intent with Apex Fintech Solutions in August to provide cryptocurrency event contracts, although this deal has not yet been finalized. President Cameron Winklevoss stated that Gemini 2 bets on platforms that can sustain themselves long-term will control the underlying regulated infrastructure.

The U.S. Department of Justice stated on Thursday that North Korean hackers have stolen over $400 million in cryptocurrency assets through a social engineering scheme based on secretly recorded videos and AI deepfakes over the past 18 months, and announced that it has seized the infrastructure supporting this operation. The FBI refers to this method as "FaceStealer," which centers on turning video conference calls into traps: hackers lure targets into meetings using previously stolen accounts from victims, then play pre-recorded footage of trusted contacts to simulate their presence, thereby gaining the target's trust.The group also uses AI to generate deepfake videos of well-known figures in the cryptocurrency and related industries, making the scams more convincing. Once the target lowers their guard, the attackers create false technical issues, such as claiming the other party cannot hear them, and provide a so-called "fix" link that is actually used to implant malware. Afterward, hackers can empty the victim's wallet or exploit their system permissions, sometimes lying in wait for months or even over a year before taking action. The FBI stated that it has seized over 900 segments of camera footage from FaceStealer victims based on federal search warrants.The Department of Justice linked this operation to North Korean-related groups such as Sapphire Sleet, BlueNoroff, and APT38, warning that these hackers are increasingly targeting open-source software developers, seemingly paving the way for supply chain attacks. On the same day, the Department of Justice also reported progress in the Binance theft case, stating that it has obtained court authorization to seize or restrict over $1.2 billion of the approximately $6.4 billion in stolen assets, which is part of the over $2.7 billion that has already been frozen. The FBI attributes this theft to the North Korean group TraderTraitor and claims it is laundering money at a rate of creating a new wallet approximately every 25 seconds. North Korea denies involvement, stating that the FBI's conclusions are a political provocation.

The New York Federal Reserve stated that the Federal Reserve did not intervene in the foreign exchange market in the third quarter; during the same period, the U.S. Treasury had purchased yen in the foreign exchange market.

According to the American financial media Semafor, Nvidia (NVDA.O) is under investigation by the U.S. Department of Justice for antitrust issues.

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.

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 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.

According to PR Newswire, Bit Digital, Inc. (NASDAQ: BTBT) announced its financial results for the third quarter of 2026 on November 12, 2026. As of September 30, 2026, the company held approximately 163,725.9 ETH, with a market value of about $439.4 million based on the closing price of ETH at approximately $2,684 on that day; of which 74,606.4 ETH were directly held, with a fair value of approximately $200.2 million.In the third quarter, the company staked 73,683 ETH in liquid staking, obtaining 66,192 LsETH; among them, 19,000 LsETH were used as collateral for a loan, listed on the balance sheet as $37.1 million in digital asset collateral receivables; the remaining 47,192 LsETH were accounted for as digital intangible assets, amounting to $98.3 million. In the third quarter, the company sold 1,625 ETH for $3.4 million, with an average selling price of approximately $2,114.62 per ETH, and did not purchase any ETH during the quarter.The company recorded a non-cash impairment of $3.2 million on LsETH for the quarter, which does not represent realized losses. As of September 30, 2026, the company held 27,043,750 shares of WhiteFiber, accounting for 59.7% of its total outstanding shares.

Hyperliquid Research Collective released the Hyperliquid Q3 2026 report, which was compiled by Four Pillars and GLC Research. The third-quarter agreement revenue increased by 21.7% compared to the second quarter, reaching $190.9 million. Hyperliquid began earning USDC reserve revenue sharing on August 27, and within a month, this revenue amounted to $17.3 million, accounting for about half of the revenue increase this quarter. The Assistance Fund spent $149 million in the third quarter to purchase HYPE.The average daily users of Hyperliquid reached 65,161 traders, setting a quarterly record. In HIP-3, the trading volume of stocks surpassed that of commodities. On August 19, U.S. President Trump expressed to technology and cryptocurrency industry executives at the White House that the Commodity Futures Trading Commission is pushing to bring Hyperliquid to the U.S. Less than a month later, Kraken's parent company proposed to establish a U.S. derivatives trading venue on Hyperliquid, with Bitnomial serving as the operator. As of the end of the quarter, the proposal is still awaiting regulatory approval. Sunny Shi from Syncracy Capital advocated for buybacks in the preface and expects that the independent team built on Hyperliquid will drive further growth.

According to official news, the on-chain smart money signals of the Binance wallet now support automated trading through Agentic Wallet. Users can utilize the "On-chain Copy Trading Skill" to allow the Binance Agentic Wallet to automatically buy when corresponding signals are detected, and simultaneously set stop-loss and take-profit rules.The operations listed by the official source include: configuring and installing the on-chain copy trading Skill for the Agent; selecting the on-chain smart money signals of the Binance wallet as the trading trigger source; setting the target blockchain, trading budget, position size, and take-profit and stop-loss rules; first conducting a free simulation run and observing the strategy's performance, adjusting parameters based on the results, and confirming before switching to live trading.The official source stated that the entire trading process can be fully automated and run around the clock. Once users set a trading strategy, subsequent copy trading will be executed automatically by the system.