Just over a week after a “blue wave” gave Democrats control of the US House and Senate, 14 races remain uncalled, and their results could bring additional crypto supporters to Congress. According to Cointelegraph, three candidates in the undecided House races received backing from crypto political action committees (PACs), and Stand With Crypto classifies every candidate in the remaining races as either strongly supportive of crypto or as having no stated position. Rep. Nick Begich is leading in Alaska, where Defend American Jobs, Fairshake’s Republican-facing affiliate, backed him with $508,142 in the August primary. The same PAC spent $150,600 to support Rep. David Rouzer, who is leading in North Carolina’s 7th District. In Louisiana, state Sen. Blake Miguez will face Democrat Chauna Banks in a Dec. 12 runoff for the state’s 6th District; the Fellowship PAC backed Miguez with $250,000. The Associated Press called South Carolina’s 2nd District race for incumbent Rep. Joe Wilson on the morning of Nov. 11. Stand With Crypto rates Wilson as strongly supportive, bringing its House tally to 246 supporters and 107 opponents. The group lists the Senate as having 50 supporters and 33 opponents. Crypto advocacy groups are also looking ahead to the 2028 election and seeking to engage candidates who have not taken a public position on the industry. Blockchain Association Chief Policy Officer Lindsay Fraser said members without a stance present an opportunity for education. Nearly one in four members of the incoming Congress will be new, Fraser said, and many have given little thought to blockchain technology. The association is planning a January fly-in to meet newly elected lawmakers. Fraser said the group would consider it a major success to leave the 120th Congress with more members in Stand With Crypto’s A and B categories: A denotes strong support for crypto, while B indicates some support. She also said age plays a larger role than party affiliation in lawmakers’ crypto votes, with members under 55 much more likely to support the industry, and described the incoming class as younger. Fraser said she wants the industry to enter the 2028 election with two candidates who are thoughtful about the sector, reducing its dependence on the outcome of that election.

According to Jin10, MSCI will remove MicroStrategy (MSTR.O) from the MSCI Global Standard Index.

According to Jin10, Nvidia shares extended their after-hours decline to 2.6%. The New York Times reported that Jensen Huang had an affair with a Nvidia executive who reported to him.

Fitch Ratings placed Paraguay’s credit rating on watch for a potential downgrade on Wednesday, citing risks to the nation’s finances and economy from a banking crisis, according to Bloomberg. The crisis toppled President Santiago Peña and rattled investors.

BHP Group named Adrian Wood to succeed Chief Financial Officer Vandita Pant when she steps down in February next year, according to Bloomberg.

Valuations of OpenAI and Anthropic have fueled venture-capital fears of a startup correction, Bloomberg reported. In late September, OpenAI began discussions for its latest funding round, seeking at least $30 billion in new capital at a $1.4 trillion valuation. The company had previously been valued at $852 billion. Some investors considered the terms too lofty, according to people familiar with the matter.

Brazil unveiled measures to curb spending growth and shore up public finances as President Luiz Inácio Lula da Silva seeks to ease investor concerns about rising public debt, Bloomberg reported. Fiscal fears have roiled markets since Lula’s election victory.

With the implementation of individual income tax on offshore trusts, tax loopholes surrounding crypto assets are being gradually filled.

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

Six real-world incidents demonstrate that attackers can recover the private key even without reading it, by exploiting implementation flaws.

The underwriting investment banks valued Anthropic at $1 trillion, with a price-to-sales ratio of only 12, growth rate far exceeding that of Apple and Microsoft, and retail investor share as high as 20%.

When intelligence and labor are no longer scarce, what truly slows down the implementation of technology is the verification process: whoever can make the simulation, testing, and data loop run faster will hold the accelerator key for the physical world.

What crypto anarchism really wants to protect is not the price of tokens, but whether ordinary people can cooperate, make money, and exit without exposing their lives.

The SEC has granted a five-year regulatory exemption for on-chain stock trading for the first time, and Uniswap positions AMMs and Hooks as trading infrastructure capable of supporting compliant securities.

Anthropic will list on Nasdaq on November 19, raising up to $90 billion, but its growth rate has dropped from 144% to 47%, with the $900.9 billion computing power commitment being the real gamble.

Vitalik argues that ETH should be considered a store of value, but there are three hurdles for ETH to become a true SoV: annual net issuance, the ability to modify supply policies, and the need for continuous network upgrades.

With inflation stuck at 3.7%, households relying on less savings to maintain consumption, and AI capital expenditures shifting towards debt and equity financing, the market has not yet priced in the "comfort" of all this.