A convicted crypto fraudster has been sentenced to eight years in prison after orchestrating an attempted £2 million cryptocurrency theft from his prison cell, directing accomplices to break into a victim's home and force him to hand over access to his digital assets.

ZetaChain will shut down its native Layer 1 on December 9 and migrate to the Solana ecosystem as it launches ZetaLabs, a financial AI platform. According to PANews, ZetaLabs will use Radar to track market activity and Bloom to record users’ on-chain activity, with private memory features for crypto users.

Samsung Electronics has begun construction on the first of three major Samsung Group projects: a new high-bandwidth memory (HBM) factory at its Onyang campus in Asan, South Korea. The plant is scheduled to begin operations in June 2028, about a year earlier than originally planned. According to Sina Finance, Chairman Lee Jae-yong said the campus would become a core production base for next-generation HBM. Samsung plans to mass-produce seventh-generation HBM, including HBM4E, at the site in 2028. The project includes a three-story cleanroom with a total area of about 9,400 pyeong. South Korean President Lee Jae-myung presided over the groundbreaking ceremony on the 12th. Samsung Group plans to invest 140 trillion won in the Chungcheong region. Samsung Electronics will invest 56 trillion won to build five HBM production lines at Onyang, expand supporting facilities in Cheonan and upgrade existing production facilities. Samsung Display plans to invest 67 trillion won in Asan in a production base for next-generation smartphone screens and ultra-high-resolution microdisplays. Samsung Electro-Mechanics plans to invest 8 trillion won in Sejong by 2040 in production lines for semiconductor packaging substrates used in AI servers, while Samsung SDI plans to invest 9 trillion won in battery operations in Cheonan.

According to ChainCatcher, Huma co-founder Richard Liu said on X that the team was surprised by HUMA’s steeper-than-expected decline and had launched an investigation. The investigation found that an early liquidity provider’s wallet was hacked on October 22, after which about 12 million HUMA tokens received through an airdrop were sold. From November 2 to 7, HUMA futures open interest across the market rose from about 620 million tokens to 1.1 billion. Perpetual futures trading volume was seven to 10 times spot volume, and funding rates had remained negative since November 4.

According to ChainCatcher citing the Litecoin Foundation and LitVM, the LitVM mainnet is approaching, and the LiteForge testnet infrastructure has moved from Caldera to Zeeve. The Litecoin Foundation said on Nov. 12 that the migration strengthens the infrastructure ahead of the planned mainnet launch and supports continued development of smart-contract capabilities for Litecoin. LitVM announced the migration on Nov. 11. The network’s chain ID remains 4441, and its gas token remains zkLTC. Existing testnet users need to update their wallet’s RPC and block explorer settings but do not need to add the network again. LitVM documentation lists Zeeve as its rollup-as-a-service provider; mainnet connection details will be announced once confirmed.

Technology analyst Dan Ives said Elon Musk needs to make political overtures to Texas officials to protect SpaceX’s ambitions for AI data centers after Democrats won the midterm elections. According to Sina Finance, Ives said on Anthony Pompliano’s podcast, The Pomp Podcast, that Texas remains central to SpaceX’s infrastructure strategy and Musk cannot simply move the construction work to Florida. After Gina Hinojosa won the Texas governor’s race, scrutiny of new data centers increased. Hinojosa has called for pausing project approvals until stronger protections for electricity, water and communities are in place, while also saying she is open to working with Musk’s companies. Ives previously warned that Democratic gains in the midterm elections could slow the “AI revolution,” particularly in Texas. Last week, reports said the Democratic victory had raised questions about SpaceX’s expansion plans and a possible merger with Tesla. Ives said he still believes SpaceX will acquire Tesla, while noting that political changes could bring additional regulatory hurdles and that SpaceX’s valuation includes a 20% to 25% discount for political risk. After Hinojosa’s win, Musk joked that orbital data centers had become especially attractive. Ives said that option was still years away and that the immediate focus was building in Texas. He said Musk would join negotiations, which would take time, and that both sides had strong reasons to reach an agreement.

The European Union plans to delay a 10% tariff on electric vehicles from the United Kingdom, which was scheduled to take effect on January 1 for most vehicles. According to Sina Finance, the EU is seeking industry feedback on a proposal to postpone the tariff. Under the post-Brexit agreement, electric vehicles must have at least 55% of their value sourced from the EU or UK to qualify for zero tariffs; battery cells and modules must account for at least 65% of their value, and battery packs at least 70%. Vehicles that fail to meet these requirements face a 10% import tariff. The EU proposed in late 2023 to delay implementation of the stricter rules by three years. Under the rules, which were originally due to take effect in January 2027, 70% of battery-electric and plug-in hybrid vehicles traded with the EU would face a 10% tariff following the latest delay. In June, the Society of Motor Manufacturers and Traders (SMMT), the UK's main automotive industry lobby group, warned that electric vehicle manufacturers would have to pay £1.4 billion (about $1.86 billion) in tariffs if the local-content requirements, also known as rules of origin, were not resolved. The UK and the EU are each other's largest export markets for electric vehicles, and both have set targets to phase out combustion-engine vehicles during the 2030s.

Nvidia partner Hon Hai Precision Industry Co. posted quarterly profit above analysts’ estimates, driven by the AI boom and strong consumer demand for the $2,000 iPhone Duo, according to Bloomberg.

Anthropic pre-market contract arbitrage is a rare arbitrage opportunity in the market with both considerable volume and profit margins.

The Australian dollar fell to its lowest level since January amid an RBA slowdown and AI fears, according to Bloomberg. Risk sentiment waned as the interest-rate outlook diverged from that of the US.

Nvidia, Jensen Huang, chips, artificial intelligence, computing power, Jensen Huang's successor candidate list revealed: CUDA's father and Huang's daughter are the top contenders. Jinse Finance: Will Jensen Huang's daughter become Nvidia's next successor?

The shipping giant confirms unauthorised access and data extraction from an acquired legacy system, highlighting the cybersecurity risks of inherited infrastructure and third-party logistics platforms.

What will happen to the crypto market if it doesn't experience a full-blown bull run in the future? Will blockchain development stop? Will stablecoins and stock tokenization continue?

Japan is expanding AI-assisted cyber defence, specialist response teams and public-private cooperation following a sharp rise in reported breaches, signalling a shift towards coordinated national cyber resilience.

This AI godfather, who single-handedly propelled Nvidia to a trillion-dollar market capitalization, is now standing on the edge of a career precipice.

What happens when Hyperliquid's order book becomes composable?

Ledger's software development kit has been sending users' crypto transaction details, wallet addresses and device information to its servers by default, raising privacy concerns. Ledger said the data supports its Clear Signing feature and is not stored, but critics questioned why users were not asked for permission first.

Nvidia's board of directors held an internal meeting on Wednesday to decide on Jensen Huang's future and has partnered with external organizations to select a new CEO candidate. Wall Street is closely assessing the direct impact on the entire AI industry should Huang be forced to leave.