Kalshi ended Donald Trump Jr.’s adviser contract Thursday, two days after Senators Elizabeth Warren and Jeff Merkley publicly flagged his financial ties to prediction markets. The US-regulated prediction-market platform gave no reason for the exit, according to BeInCrypto. Trump Jr. received about $300,000 in shares when Kalshi was valued at under $2 billion. The company later raised funds at a $22 billion valuation and held talks near $40 billion; initial reports did not say whether he still owns the shares. On Nov. 10, Warren and Jeff Merkley pressed the White House over a former staffer’s Kalshi bets. In August, the CFTC fined former teleprompter operator Gabriel Perez $172,000, saying he traded on the wording of a Trump speech before its delivery. Kalshi helped with the probe, and the senators want White House answers by Nov. 23. Trump Jr. remains an adviser to rival Polymarket. He joined its advisory board in August 2025, when his firm 1789 Capital invested; BeInCrypto previously reported he profits from both sides of the rivalry. His Kalshi role began with praise for its 2024 election-night call. The Financial Times reported Kalshi received a light regulatory touch under Trump appointees. In May 2025, the CFTC dropped its appeal against Kalshi’s election contracts and has since sued states over their gambling laws.

According to Jin10, Microsoft has begun redistributing connection traffic across its broader global infrastructure to help balance loads.

Abraxas Capital holds $393 million in short positions on Hyperliquid, with $63.49 million in unrealized profit. According to Odaily, citing Onchain Lens data, the positions generated $115 million in profit over the past 30 days and $274 million cumulatively. A $147 million BTC short position is showing a profit of $9.15 million.

According to Jin10, Microsoft identified elevated loads in some infrastructure across multiple regions that may have caused connection errors.

According to ChainCatcher, BA Labs, an adviser to DeFi lending protocol Sky, has proposed pausing new borrowing from the Core Vault. BA Labs said 771 vaults are currently open, with combined debt of 376.33 million USDS. Under the proposal, borrowers could continue repaying loans and managing collateral but would be unable to borrow additional USDS. The change would apply only to new borrowing; existing positions would not be affected.

According to Jin10, by the 2:30 close, the most-active Shanghai gold futures contract had fallen 2.87% to 836 yuan per gram, the most-active Shanghai silver futures contract had dropped 3.43% to 12,066 yuan per kilogram, and the most-active SC crude oil futures contract had risen 1.65% to 618 yuan per barrel.

According to Jin10, Anthropic said it had identified an issue with an upstream provider that is affecting the Microsoft 365 connector.

According to Jin10, OpenAI is investigating an issue with the Microsoft connector that may disrupt new connections and prevent tools from working as expected.

Jensen Huang faces the risk of being removed from his post by the board due to a governance crisis, Nvidia's market value has evaporated by about $600 billion, and the AI ​​supply chain and on-chain market are under pressure.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on AI, DeFi, DAO, NFT, and the metaverse.

MSCI removed Strategy and Metaplanet from its index, effective after the market closed on November 30, resulting in passive selling pressure of approximately $1.59 billion. The real impact was felt in the funding flywheel.

The supply of stablecoins shrank by $14.2 billion in 30 days, the fastest contraction since June 2022, and the 200-day moving average of Bitcoin has become the last psychological defense line for the bulls.

A Menlo Ventures report shows that 89% of US corporate spending on open source models goes to Chinese companies, with Kimi accounting for 61% of that, indicating that open source is redefining the forefront.

In his internal speech at Tencent's 28th anniversary Linktime, Ma Huateng bluntly stated that the organization must adapt to the new battlefield of AI: half of the people should guard the core business, and the other half should join the new battle. They can no longer be leisurely and feel safe.

Jensen Huang's extramarital affair with his direct subordinate crossed the compliance red line for multinational corporations, and the precedents of the former CEOs of Intel and McDonald's have already shown the price to pay.

Removing Jensen Huang only requires 6 votes from the board of directors, but there is no successor among Nvidia's 33 direct subordinates. The action is fast but the structure is slow, and the market only prices the action.

Jensen Huang has been exposed for his second extramarital affair, and Nvidia's board of directors is preparing to remove him from his position. Elon Musk, Tim Sweeney, and other big names have publicly called for the shareholders to decide his future after the investigation is completed.

1KX Blockchain Revenue Report: Structural Restructuring at the $100 Billion Mark (Golden Finance) - Blockchain Revenue, its Drivers and Sources, Industry Trends and Valuation Impact