According to ChainCatcher, Polkadot’s decentralized governance system approved a new strategy proposed by the Polkadot Community Foundation (PCF) on November 11, with 97% of votes in favor. The strategy prioritizes the upcoming Polkadot product platform and direct user acquisition, under a mandate confirmed by DOTDAO. The platform is intended to prioritize user privacy and data rights. PCF plans to launch its first mobile-focused offering through the Polkadot App, supporting private messaging and digital cash payments. The strategy starts its DOT-backed dotStables with dotUSD, designed to track the U.S. dollar and build value for DOT through usage. The Polkadot Technical Fellowship will oversee dotUSD and other dotStables, alongside independent audits and risk management. The strategy also shifts shared funding and resources away from general marketing toward incentives tied to measurable user engagement. Its stated aim is for product use to drive demand for DOT-backed dotStables, ultimately translating into demand for DOT.

Jeff Currie said he is bearish on copper because of China, according to Bloomberg. Currie is CEO and founder of Real Macro and a senior adviser at Carlyle. In an interview with Vonnie Quinn and Bailey Lipschultz on “The Close,” he said gold’s retreat reflects a shortage of dollar liquidity and discussed the global oil industry.

COP31 aims to set new goals to reduce emissions as climate change outpaces scientists’ predictions and disasters drive billions of dollars in losses, according to Bloomberg.

Geoffroy van Raemdonck said Exemplar Luxury Group is financially stronger after Saks emerged from bankruptcy, Bloomberg reported. He said customer loyalty, full-price sales and profitable growth helped achieve that goal, supporting reinvestment and stronger relationships with brands.

Anthropic co-founder Dario Amodei and JPMorgan Chase CEO Jamie Dimon discussed computing capacity, competition and AI’s future in a public conversation as Anthropic prepares for an IPO. According to Sina Finance, citing Cailian Press, Anthropic plans to set its IPO price next Wednesday and list next Thursday; pricing at the top of the proposed range would raise $90.4 billion, exceeding the $86.2 billion raised by SpaceX in its June IPO, while proceeds could top $100 billion including the overallotment option. Amodei called computing capacity the company’s deepest business challenge and said raising cash through an IPO would help it manage uncertainty about future demand. He said Anthropic’s revenue was about 10 times the prior year’s level in both 2024 and 2025, but forecasting growth remains difficult as computing purchases often need to be arranged one to two years in advance. He also said cheaper models can compete in mature applications, while improving frontier models may enable new uses. Dimon said 250,000 JPMorgan employees use Claude several times a week. Amodei identified safety as a key constraint on deploying AI agents in businesses and said the company is working to improve Claude’s ability to find and fix software vulnerabilities. He also said Anthropic plans to allocate 5% of its equity to a philanthropic fund, citing concern that AI-generated wealth could become concentrated.

Anthropic's prospectus refers to the $40 trillion in wages paid to global knowledge workers as "economic value." This article follows up on the footnote by asking: if this money is indeed consumed by the model, whose account will it flow to?

Following Jensen Huang's resignation, Polymarket has bet on ten potential successors: Ian Buck leads with 30%, followed by Kress at 17%, and outsiders Haas and Srugi each at 12%. This article analyzes the three camps and the challenges of poaching talent.

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

AI currently serves more as a discovery and auxiliary entry point for shopping than as an independent buyer; the true economic boundary of agency commerce lies in the cost of verifying whether a purchase is correct, and stablecoins can only save some access and settlement friction.

After Jensen Huang resigned, Nvidia's stock price fell 31% from its peak, with a price-to-earnings ratio of only 12. Barron's believes the key is profitability rather than personnel, and analysts have given it up to 160% upside potential.

When the telephone was invented, no one knew what it was meant to be used for, but it was eventually envisioned as the nervous system of a "world brain" connecting all of humanity.

Airwallex CEO Zhang Shuo once questioned cryptocurrencies, but now his co-founded Alta has completed a $47.5 million funding round to create blockchains for financial institutions.

If you lose money trading cryptocurrency for a friend, you don't have to pay them the full amount. Whether it constitutes fraud depends on whether there was any deception or intent to illegally possess the money.

Jensen Huang resigned as CEO of Nvidia, and CFO Kress took over as interim CEO. The shift in AI narratives, coupled with leveraged trading, caused Bitcoin to fall below $68,000 at one point, with $1.23 billion in liquidations across the network in 24 hours.

China's trade surplus and net foreign exchange settlement will continue to provide support, and the RMB exchange rate is expected to fluctuate more in both directions in 2027, with three scenarios determining its direction.