Aave Proposal Targets $3.5M in Added Annual Revenue Through Reserve-Factor Changes
TokenLogic proposes reserve-factor changes across Aave markets, with an estimated $3.5 million annual revenue increase at a fixed snapshot.
Congress Summons Jensen Huang and Lutnick Over Nvidia Chip Exports to China
TLDR: Senate Banking Chair Tim Scott wants Huang to testify December 3 and Lutnick on December 10. House chairs want closed-door interviews with Huang on December 1 and Nvidia’s counsel on December 2. Megaspeed’s Malaysian sister company bought at least…
Balaji Urges Nvidia Stakeholders to Press for Huang’s Return
Nvidia announced Nov. 12 that Huang had left the CEO role and board, with Chief Financial Officer Colette Kress serving as interim CEO.
dYdX Vote Would Shift USD Coin (USDC) Backing From Noble to Injective
The v9.9 proposal would add a Canonical USDC module without changing token identifiers or user balances. Voting closes Nov. 16, with the upgrade expected around Nov. 18 if approved.
[On-chain stock futures] NVIDIA trades 2.21% above its regular-session close
NVIDIA's on-chain futures traded 2.21% above their last cash close as US stock markets remained shut. Hyperliquid's xyz market recorded $5.89 billion in 24-hour volume across 144 instruments.
Binance’s Reserve Page Shows 1.06 Billion More USDT Than Customer Balances After Hack Refill
Binance's reserve page now shows about 1.06 billion more USDT in its onchain wallet balance than customers' net balances, but the proof that would let users verify their assets are fully backed isn't out yet. The post Binance’s Reserve Page Shows 1.06…
Broadcom (AVGO) Shares Jump 5.54% After Nvidia CEO Exit
TLDR Broadcom stock gained 5.54% on Thursday, closing at $364.36. Thursday’s trading volume reached approximately 43.62 million shares, exceeding its 20-day average. Nvidia confirmed Jensen Huang’s resignation and appointed Colette Kress as interim CEO.…
Philippine SEC Orders Peso Flow and Stryder to Halt Operations
The separate cases involve Peso Flow’s lending authority and Stryder Resources’ license to offer securities. The SEC also restricted transfers of Stryder’s assets and bank deposits.
Nvidia Employees Push Board to Bring Back Jensen Huang: Report
An internal post urging Nvidia's board to weigh staff sentiment has drawn more than 1,600 comments, including calls to reinstate Huang.
DOJ and CFTC Sue Arkansas to Shield All Federally Regulated Prediction Markets
TLDR The DOJ and CFTC sued Arkansas on November 12 over its enforcement action against Kalshi. The federal case seeks protection for all CFTC-regulated exchanges, their affiliates and partners. Regulators argue the Commodity Exchange Act gives the CFTC…