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On November 11, the Polkadot community, through its decentralized governance system, supported a new strategy proposed by the Polkadot Community Foundation (PCF) with 97% of the votes. This strategy calls for focusing energy and resources on the upcoming Polkadot product platform, with a core direction of directly acquiring users. The product platform is positioned as an application layer that prioritizes user privacy and data rights, anchored by dotStables, with the first asset being dotUSD, designed to accumulate value for DOT.According to the content confirmed by DOTDAO authorization, the new strategy focuses on enabling users to directly encounter products on the product platform. Products on the platform should closely resemble the application experiences users are already familiar with, adopting a free, simple username and mobile-first approach, while allowing users to decide the extent of data sharing. PCF plans to provide the first mobile-centric solution through the Polkadot App, which will support private messaging and digital cash payments. dotStables starts with dotUSD, which tracks the US dollar and is supported by DOT; the Polkadot Technical Fellowship will oversee dotUSD and other dotStables, in conjunction with independent audits and risk management.The new strategy also specifies the allocation of shared funds and resources, advocating a shift from general marketing services to incentive activities directly linked to measurable user engagement, ensuring that spending serves the product growth authorized by DOTDAO. Products on the product platform are designed to attract users, and user activities will create demand for the stable value asset dotStables supported by DOT. According to the authorization, the design of dotStables should ultimately convert this demand into demand for DOT.

According to Bitcoin Magazine, Brooklyn-based consumer-grade Bitcoin miner manufacturer FutureBit announced that the Apollo III Full Node will go on sale this Friday at four Micro Center locations, marking the company's first entry into offline retail channels. The stores are located in Brooklyn, Miami, Tustin in California, and Austin in Texas, with the Austin store being the 31st Micro Center location in the United States. Consumers can also reserve online and pick up in-store; FutureBit has not disclosed the inventory and retail pricing for each store.According to FutureBit's official website, the Apollo III Full Node without a hard drive is priced at $1,099.99, while the versions with 1 TB and 2 TB SSDs are priced at $1,299.99 and $1,399.99, respectively. The Standard version for mining starts at $899.99. The machine's Turbo mode has a maximum hash rate of about 18 TH/s and a power consumption of about 325 watts; Eco mode has about 12 TH/s, 150 watts, and noise below 35 decibels; Super Eco mode has about 8 TH/s and 80 watts. The entire unit is a 6.5×6.5×6 inch cube, weighs 6.5 pounds, uses a 3-nanometer chip designed in the United States with 8 GB of memory, has a built-in independent mining pool, is assembled in the United States, and comes with a one-year limited warranty.FutureBit founder John Stefanopoulos stated that in the early days of the company, they would purchase parts weekly from the DIY electronics section of the Brooklyn Micro Center, and now consumers can walk into the same store to learn about Bitcoin mining and take home a miner on the spot. FutureBit has been developing consumer-grade miners since 2015. Bitcoin Magazine previously reported that on October 26, a user mined block 973262 using FutureBit's Apollo Solo solution, receiving a block reward of 3.154 Bitcoins.

Josh, the Vice President of Engineering for DeFi at Polymarket, announced on platform X that the new trading system Nex, rewritten in Rust, has opened for sandbox testing. The system has mirrored production orders in shadow mode over the past week to verify latency, load stability, and matching accuracy, and has not officially launched yet.The disclosed internal testing data shows that the order placement latency P99 has decreased from 1.55 seconds with the existing Central Limit Order Book (CLOB) to 3.76 milliseconds, but this metric does not represent end-to-end latency. The team plans to conduct 4 weeks of shadow testing, and if it runs well, it is expected to launch in mid-December; WebSocket improvements may be released earlier.

Boston Federal Reserve President Collins hinted on Friday that tightening monetary policy may be necessary to cool down prices. In a speech focused on the housing market, Collins stated that higher interest rates could limit housing affordability. However, she also added that ensuring price stability in the long run would benefit both the housing market and the overall economy."In the short term, higher interest rates that may be needed to cool the economy and control inflation can sometimes make the costs of buying and building homes higher," Collins stated in her speech, "but in the long run, stable prices can create a predictable economic environment, which is beneficial for the housing market."

According to Cointelegraph, Israeli police arrested five people on Tuesday in a money laundering investigation involving approximately 16 million shekels (about 5 million USD). The related cryptocurrency transactions were arranged through a WhatsApp group.Investigators from the Lahav 433 Economic Crimes Unit suspect that the gang provided cryptocurrency services without a license and did not report transactions to the Israeli tax authorities. Police stated that the gang used fictitious agreements to make the cryptocurrency profits deposited into bank accounts appear as loans.Authorities seized wallets, computers, and tens of thousands of shekels in cash during searches of the suspects' residences. Investigators questioned the five individuals on suspicion of money laundering, fraud, and providing financial asset services without a license.

According to The Block, the stablecoin SoFiUSD issued by the licensed American bank SoFi has been launched on the Polygon Open Money Stack.SoFi users can buy, sell, hold, and exchange SoFiUSD on Polygon through the SoFi App without the need for a separate wallet or manual cross-chain transactions. SoFiUSD is issued by SoFi Bank, a national bank regulated by the Office of the Comptroller of the Currency (OCC), and can be redeemed for US dollars at a 1:1 ratio.

On the prediction market platform Polymarket, the market regarding whether NVIDIA CEO Jensen Huang will announce his resignation or be dismissed before a specific date showed that the probability once rose to about 91%, but has now fallen to 78%.As of the time of publication, the total trading volume of this series of markets is approximately $15.25 million. Pricing by different deadlines: about 59% for November 12, about 63% for November 13, about 74% for November 30, about 78% for December 31; about 82% for March 31, 2027, and about 86% for December 31, 2027.

Analyze, responsible for the extensive marketing and operational strategies of the Elysium ecosystem token issuance platform Ascend, responded to related doubts about Spinor and the Ascend community. Analyze stated that the plan to purchase tokens from the ecosystem issuance platform Montra was made solely by him, and other team members were not involved in that decision. He mentioned that one or two days before the token launch, he transferred $100,000 to a wallet to establish a position, viewing this as a business arrangement for Ascend, believing that companies often purchase equity in competitors through strategic investments, and purchasing Montra was similar. Analyze stated that the relevant tokens were purchased after the launch, and any market participant could perform similar operations.Analyze also mentioned that after learning about the purchase of Montra tokens, a friend created a FOMO wallet and suggested transferring the tokens to that wallet. He admitted that a large number of comments were handled by him before the release, and he did not stop them, allowing them to continue, calling this practice extremely unprofessional and apologizing for it. Analyze stated that unexpected situations arose on the day of the launch, leading him to make irrational decisions, and he also pushed Tommy to acquire more supply, while Tommy initially expressed opposition. Analyze publicly apologized to Tommy, the rest of the Ascend team, and the community, stating that his decision put all parties in the current situation, and he takes responsibility for it.

On November 11, the Selangor police in Malaysia publicly destroyed 186 seized Bitcoin mining machines, with the state police chief, Shafie, personally driving a bulldozer to crush the equipment. This destruction operation involved 7,445 pieces of evidence seized between 2021 and 2026, with a total value of approximately 1.19 million Malaysian Ringgit, which has been approved by the court.In addition, the Perak police recently collaborated with the national energy company to raid a residential house suspected of stealing electricity for mining, seizing another 48 Bitcoin mining machines. An investigation is currently underway based on relevant criminal and electricity regulations.

According to Bloomberg, the prediction market platform Polymarket has recently laid off some employees and terminated contracts with several contractors.Previously, CEO Shayne Coplan, responding to investor demands for stronger company management, brought in several senior executives, including hiring former Amazon finance chief Warren Jenson as Chief Financial Officer and recruiting executives from Goldman Sachs, DoorDash, and Robinhood. Polymarket stated that as the business expands and new management joins, the company is adjusting its organizational structure, involving personnel recruitment, position adjustments, and layoffs, but did not disclose specific numbers.

According to Polymarket data, in the market "Who will be the next CEO of NVIDIA?", the current NVIDIA Vice President of Large Scale and High Performance Computing Ian Buck is currently in the lead with a 30% probability, followed by NVIDIA Executive Vice President and Chief Financial Officer Colette Kress at 21%, and the probability of Jensen Huang remaining the current CEO is 19%.Among the other options, Arm Holdings CEO Rene Haas currently has an 11% probability, NVIDIA Executive Vice President and Global Field Operations Head Jay Puri has 9%, AMD Chair and CEO Lisa Su has 3%, and NVIDIA Senior Director of Product and Technology Marketing for Physical AI Platform Madison Huang has 2%.

Nick Tomaino, a partner at 1confirmation, stated that 1confirmation has participated in all rounds of financing for Polymarket to date and has decided to increase its investment again. Although the fund focuses on seed-stage investments and typically does not participate in later-stage financing, it believes that Polymarket is worth breaking this investment convention.Nick Tomaino mentioned that there has been a demand for prediction markets for over a century, as users wish to place bets on events in politics, culture, and more. In the age of AI, one of the biggest challenges faced by young people is discerning the truth of information, and prediction markets can transform users' trading and investment enthusiasm into more accurate information.He emphasized that the long-term value of Polymarket is not just in sports betting, but in providing a more effective information discovery mechanism for political, geopolitical, and cultural events. Currently, while the U.S. market is primarily focused on sports trading, the accuracy of information is what gives prediction markets their more enduring value.Additionally, he believes that Polymarket's business is continuously upgrading, with the current management team performing excellently, and the products in the U.S. market are at an industry-leading level, with revenue consistently reaching new highs. Regarding the token program, he stated that while he did not fully agree with some of the related promotional methods previously, it is unreasonable to assert that the token program has lost its potential.Finally, Nick Tomaino stated that Polymarket founder Shayne has a strong desire for success and is one of the most direct and transparent people he knows.

According to Hong Kong media Ming Pao, the Hong Kong police dismantled a cross-border criminal group that used virtual currency over-the-counter (OTC) channels for money laundering, arresting 22 people, including 21 men and 1 woman, aged between 21 and 54.The police investigation revealed that the group had been active since August this year, recruiting mainland individuals to come to Hong Kong to open puppet bank accounts, withdraw cash from criminal proceeds, and then transfer the funds to virtual currency OTC shops operated by the group. They laundered the money through buying and selling virtual currencies, with the police estimating that the group laundered over 150 million Hong Kong dollars from August to October this year alone.It is reported that the group had clear divisions of labor, first arranging for mainland individuals holding two-way permits to come to Hong Kong to open online bank accounts for receiving criminal proceeds. They then recruited cash withdrawal personnel who used bank cards distributed by the group to withdraw cash from ATMs at different locations and banks, which was then collected and transported by runners to the OTC shops to complete the money laundering.

The police in Dezhou, Shandong, China, have cracked a cross-provincial online extortion case. The criminal gang impersonated environmental inspection personnel and journalists, using drones to film breeding farms and release negative videos, inducing farmers to pay for post deletion.The gang collected funds through payment codes and third-party payment platforms, which then settled with money laundering groups using virtual currency. The police stated that the gang committed 268 crimes in 22 cities across 5 provinces, including Shandong, Henan, Hebei, Jiangsu, and Anhui, within two months, involving an amount of over 800,000 yuan. A total of 23 people have been arrested, and assets worth over 2 million yuan have been sealed, seized, or frozen.

According to a Dutch prosecution announcement, the prosecution is seeking a 6-month prison sentence for a former investigator of the Royal Netherlands Marechaussee (KMar), accusing him of illegally accessing police systems using his official authority to steal cryptocurrency worth over 6,000 euros from a traveler.

According to informed sources, NVIDIA CEO Jensen Huang walked into the company's headquarters in Santa Clara, California on Monday and hosted the morning meeting with senior management as usual. The sources said that at the beginning of this closed-door meeting, Huang first expressed his apologies to employees regarding the recent turmoil. He did not take any questions but quickly shifted the topic to business and the main agenda for the day.On Tuesday, Huang also came to the office for meetings. There is only one week left until NVIDIA releases its new quarterly earnings report. Insiders at NVIDIA stated that Huang is trying to create an atmosphere of "business as usual," but the mood within the company is "low."

Polish energy company Orlen SA has terminated one of the two long-term liquefied natural gas contracts signed with Qatar Energy due to ongoing conflicts that have prevented the other party from fulfilling its delivery obligations. This is the first time a customer of Qatar Energy has terminated a contract.Orlen stated that due to the ongoing "force majeure," the company decided to terminate this contract, which was originally set to last until 2034, but still retains the other contract.

Michelle Bowman, the Vice Chair for Supervision at the Federal Reserve, stated that inflationary pressures persist while the labor market is stabilizing. She expects the core PCE in October to rise to 3.3% year-on-year, with rising energy prices and AI-related demand as the main driving factors. Bowman noted that the recent decline in stock prices, the rise in U.S. Treasury yields, and the strengthening of the dollar have tightened financial conditions, necessitating a careful assessment of the costs and benefits of further tightening policies.

AI company Anthropic has updated its "Supported Regions Policy" on its official website, with the new version taking effect on November 12. The policy applies to applications, APIs, and developer platforms such as Claude.ai, Claude Code, Cowork, as well as Claude models provided through cloud platforms and authorized distributors.The new policy clarifies that the following situations are considered as usage in unsupported regions: individuals located in unsupported regions, including users and employees of supported entities; entities registered or headquartered in unsupported regions and their users or employees, regardless of where these individuals are located; entities that are directly or indirectly majority-owned or controlled by individuals or entities from unsupported regions and their users or employees, again regardless of where they are located.According to the official website list, mainland China, Hong Kong, Macau, and Russia are not included in the list of supported regions.