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NVIDIA shareholders are filing a securities class action lawsuit against NVIDIA and its founder Jensen Huang, accusing them of misconduct that misled a large number of investors. This case stems from Jensen Huang's recent admission of an extramarital affair on the company's website. U.S. President Donald Trump continues to support Jensen Huang. On November 9, local time, Trump publicly backed Huang at a White House press conference, stating, "I believe him (Jensen Huang)."In response, the attorney for the securities class action lawsuit, Laurence Rosen, stated that Trump's claim that Huang was unaware and NVIDIA's board's assertion that national security was not compromised, even if true, cannot determine the outcome of the case.The issue in this lawsuit is whether the statements made on October 9, 2025, were misleading, and existing facts support this conclusion. Currently, the lawsuit is only against NVIDIA and Jensen Huang. Rosen indicated that it has not yet been determined whether other defendants, including members of the NVIDIA board, will be added.

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.

A few days ago, Jensen Huang, the founder of NVIDIA, publicly admitted to being unfaithful to his wife Lori Huang, with whom he has been married for over 40 years, in an internal letter to all employees. He apologized to his family, employees, and shareholders regarding this matter. The incident sparked discussions, and within two days, NVIDIA's market value evaporated by approximately $400 billion to $470 billion, with the stock price dropping by about 11%.After the incident gained traction, a public response allegedly from Lori Huang circulated on X. The main points included that her husband had informed her before the public disclosure, that a public apology could not restore trust overnight; she did not understand the truth behind the accusations against the related women and believed that national security issues should be handled by investigators rather than the media; she would not join in the attack on the related women, that decisions regarding the marriage should be made by the family, and she requested time and privacy from the outside world. Some related tweets garnered over a million views.This statement was not released by Lori Huang herself. Some media reports indicate that as of now, she has not publicly made any statements regarding her husband's infidelity. The statement claims that for 28 years, they have kept their private life out of the public eye, but the couple has actually been married for about 41 years, which does not match the timeline, and there is a lack of official channels, verified accounts, or lawyers, spokespersons, and other verifiable primary sources.

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."

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.

DeFi liquidity management layer Delta issued a statement clarifying recent community concerns regarding token sales. The team stated that an OTC transaction was conducted in the early stages of the project, allocating 2.6% of the supply, or 26 million DELTA tokens, to partners in exchange for operational funds and marketing support.Of these, 16.5 million tokens (1.65%) have been sold, while another 9.5 million tokens (0.95%) remain in two receiving wallets. The team acknowledged that no vesting period, lock-up period, or other restrictions were set for the tokens allocated to partners, nor could they control subsequent selling actions.The team stated that after communicating with partners and seeking solutions, both parties failed to reach a consensus. The team also provided detailed on-chain transaction records to demonstrate that the team itself did not directly sell the tokens.

In response to Vitalik's suggestion that Ethereum should prioritize strengthening its positioning as a value storage, DeFi researcher Ignas published a statement claiming that ETH may be more suitable as a value storage asset than BTC and ZEC. The advantages he mentioned include native staking rewards, privacy features in the roadmap, and potential deflation achieved through transaction fee burning.Ignas also stated that using BTC or ZEC as collateral to obtain loans typically requires reliance on wrapped assets or trust in banks and centralized exchanges, while ETH can achieve native collateralization and asset exchange on the same chain. He also expressed hope that Vitalik would shift towards the value storage positioning, not because he believes that Ethereum L1 will never generate enough transaction fee revenue to drive ETH deflation; scaling will reduce transaction costs, but the key still lies in whether market demand can grow in sync and whether the Ethereum community can drive demand enhancement.

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.

Community users have posted that Musk once criticized Binance for holding about 80% of the cryptocurrency market share, believing that its dominance hinders industry development.Binance co-founder Changpeng Zhao responded that this statement is false information and called on the poster to stop spreading untrue content. Musk then replied to Zhao, stating that he has never published related content and that the information is fabricated.

According to an official statement from MEXC, the platform has acknowledged the order issued by the Financial Crimes Enforcement Network (FinCEN) on November 6 and is currently assessing it with its legal and compliance team. MEXC stated that the platform is operating normally and user assets are secure.MEXC emphasized that it will take the relevant concerns seriously and plans to engage in constructive communication with FinCEN and other relevant regulatory authorities globally. An independent review of its anti-money laundering and sanctions control measures has also been initiated.Previous news reported that the U.S. Department of the Treasury has ordered U.S. financial institutions to prohibit the transfer of funds to and from MEXC Global, and this order will take effect 30 days after publication in the Federal Register.

According to the Financial Times, a responsible official from the People's Bank of China responded to the suspension of Solana's advertising and offline communication activities in Shanghai, stating that the People's Bank has collaborated with relevant local financial management, public security, market supervision, and other departments to halt the activities, and will work with relevant departments to investigate the involved entities and individuals.The official stated that Solana has been advertising and promoting its brand through relevant domestic entities, engaging in virtual currency marketing. Its issuance of Solana coins and the provision of technical services for the issuance and trading of major virtual currencies such as USDT are considered illegal financial activities, and the promotion of Solana has violated relevant regulations.Moving forward, the People's Bank will focus on domestic virtual currency traders and domestic affiliates of overseas virtual currency issuance and trading platforms, continuing to crack down on domestic virtual currency-related business activities.

According to Gate market data, on November 5 local time, all three major U.S. stock indexes closed lower, and the AI hardware sector continued to decline. Zhongji Xuchuang responded that the company's operations are normal, and the order and delivery pace from overseas customers remain unchanged. Xinyi Sheng also stated that production and operations are normal, and there have been no changes in supply conditions.

According to CCTV reports, on the 3rd local time, Iran stated that there has been no new progress in the negotiations between Iran and the United States. In addition, various parties in Iran have been intensively voicing their positions on the situation, conveying Iran's tough stance, stating that Iran will never surrender, and that the U.S. must fully and clearly respond to the 7 conditions proposed by Iran and implement them for the Strait of Hormuz to be opened. Iran is prepared for battle and is in a state of maximum defense readiness.On the same day, Qatar stated that the U.S. and Iran are studying the proposals put forward by the mediators, and both sides are still willing to continue negotiations, but the differences remain to be bridged, and there is currently no specific progress to announce. Sources familiar with the matter indicated that Qatari mediators are expected to receive feedback from the U.S. and Iran on a new proposal within the next 36 hours. U.S. President Trump stated that he does not rule out taking military action against Iran after the midterm elections.

According to a report by Reuters, an official familiar with the negotiations revealed that the Qatari mediators expect to receive feedback from the United States and Iran on a new proposal aimed at advancing the negotiations within 36 hours.

Binance founder Zhao Changpeng stated in an interview, "After the attack incident, Binance quickly stepped up to clarify that user funds were not affected and user assets are safe. Although this is just a very simple statement, it effectively prevented panic from spreading further and avoided a chain reaction.Everyone understands that this incident will not have further spillover effects. Unlike previous cases where some platforms or lending protocols went bankrupt, ultimately causing users to bear losses, this time users will not be forced to bear related losses. This is fundamentally different from some past events, which often triggered second and third rounds of chain reactions. I believe that, first, this statement calmed everyone down. Secondly, Binance's ability to make such a commitment based on its own credibility also made users willing to believe this statement. After all, many fund flows and transaction records on the blockchain are public and transparent.However, this situation is different; users understand that Binance has sufficient financial strength to bear related losses. Binance has the SAFU (Secure Asset Fund for Users), a futures insurance fund, as well as very strong capital strength and a solid balance sheet. It is this ability to respond quickly, take responsibility proactively, and ensure that all users are protected and all losses are compensated that has gradually restored calm to the market.One interesting point: on the day of the incident, the decline in the cryptocurrency market was actually smaller than that of the tech stock market, a situation that is almost unprecedented. Typically, when the stock market declines, the crypto market often experiences a larger drop, as investors looking to hold cash tend to sell off crypto assets. But this time, even with such a severe hacking attack on the crypto industry, the market decline was smaller. I believe this indicates that investors overall remained quite calm, and it reflects the solid trust in the platform that has been gradually built over the years. I feel very proud of this."

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.

Binance co-founder He Yi responded to rumors stating that she does indeed know Wan Hui, co-founder of the crypto venture capital firm Primitive Ventures, but there is no so-called situation of a close friend accompanying childbirth. She stated that even her own mother could not push a project to go live on Binance solely based on personal relationships; if a project succeeds solely due to personal connections, it indicates that Binance's own review capabilities are insufficient.He Yi also mentioned that there have been very few good projects in the cryptocurrency industry in recent years, with BNB being one of them, deserving of the trust of those who believe in Binance, but investment trading does not guarantee profits without losses. The era of 2017, where everything bought would rise, was a time of dividends, and very few remain now. The 2019 IEO was an exception because DEX had not developed at that time, and Binance had bargaining power; after DEX developed, Western VCs raised the prices of VC tokens.She further stated that Binance has never actively adopted unscrupulous methods to compete for market share in the past few years, and has always taken a straightforward defensive strategy in the face of competition. If anyone thinks they have not done well, they are welcome to criticize directly. Regarding IEOs, she said that at that time, market liquidity was concentrated on Binance, and the platform had a strong market dominance, which is why the issuance prices of new projects were generally low, giving participants the opportunity to gain profits.

In terms of the S&P 500, when the Republican Party controls Congress, 65% of respondents expect the U.S. stock market to accelerate or maintain its current pace of growth over the next 12 months (with an average monthly increase of about 1.3% this year); when the Democratic Party controls Congress and during a split Congress, this proportion is 37% and 44%, respectively.In terms of bonds, a Democratic-controlled Congress is considered more favorable, with 53% of respondents expecting U.S. Treasury yields to decline at that time, while the proportions for a split Congress and Republican control are 36% and 26%, respectively.

Some users reported on X that the usage quota for Grok Bot was consumed too quickly this week and asked if Musk could reset the quota.Musk replied that the service cost of Grok Bot is too high relative to its income to be sustainable.