Nvidia is facing an unusually difficult CEO succession after co-founder Jensen Huang announced his resignation on Thursday, following reports of multiple extramarital affairs. According to Sina Finance, Apple, Alphabet and Uber continued to perform well after their high-profile founders left, but their transitions were generally less abrupt. Apple had a designated successor when Steve Jobs resigned in 2011; Google co-founders Larry Page and Sergey Brin left management in 2019, and Alphabet shares have gained more than 300% under CEO Sundar Pichai. Travis Kalanick left Uber in 2017 amid scandals and governance disputes, and Dara Khosrowshahi later led a turnaround. Nvidia's board is searching for a new CEO, while CFO Colette Kress is serving as interim leader. University of Notre Dame Mendoza College of Business management professor Michael Withers said the successor will have to address the fallout from Huang's departure, preserve key relationships and establish an independent leadership style. The company also faces competition from AMD and cloud providers developing their own chips. Investors said Nvidia's product roadmap for the coming years is set and will not change because of Huang's departure.

Binance Blog published a new article, announcing a livestream preview of Binance Blockchain Week Bangkok 2026. The one-hour broadcast, The Road to Binance Blockchain Week 2026, will air on Binance Square on Tuesday, November 17, from 15:00 to 16:00 (UTC+4). Binance Co-CEO and Co-Founder Yi He will discuss the company’s next chapter, its development beyond a crypto app, the role of AI, and the event’s move to Bangkok. Jessica Walker, Binance’s Global Media and Content Lead, will interview leaders from three event partners: Celo Core Co. COO Elizabeth Peng, Kite Co-Founder and CEO Chi Zhang, and TRON Founder Justin Sun. They will review milestones from 2026 and discuss industry developments and priorities for 2027 under this year’s theme, Evolve. Binance CMO Eowyn Chen will outline the conversations she anticipates in Bangkok and preview The Blockchain 100 Awards. In their second year, the awards recognize creators who explain crypto and, for the first time, traditional finance. The winners, selected following public nominations and community voting, will be recognized on stage on November 29. The livestream previews the in-person event taking place November 28–29 at Bangkok’s Queen Sirikit National Convention Center. Policymakers, institutional leaders, and crypto builders are scheduled for two days of keynotes, panels, and workshops. Day 1, The Evolution of Capital, will address tokenization, 24/7 markets, payments, and institutional adoption, with Binance Co-CEO Richard Teng, BlackRock’s Dan Maley, Franklin Templeton’s Roger Bayston, Ondo Finance’s Min Linn, and Maelstrom CIO Arthur Hayes among the speakers. Day 2, The Next Generation of Finance, will consider AI agents making financial decisions, future blockchain applications, and what the industry should build for 2030. During the livestream, eligible users can participate in a $5,000 red packet giveaway, with instructions provided during the broadcast. The event organizers will also give away 10 tickets to Binance Blockchain Week Bangkok, with entry details announced on the stream. Tickets are non-transferable and do not include travel or accommodation. The broadcast is free to watch on Binance Square and requires no event ticket or travel.

Treasury Secretary Scott Bessent said his agency had supported placing Megaspeed on a trade blacklist for months, but responsibility for the move rested with Commerce Secretary Howard Lutnick, Bloomberg reported.

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.

The removal of Jensen Huang is not the end of the AI ​​bubble, but rather the price of the re-entanglement of technology companies with political power.

Less than 24 hours after Jensen Huang resigned, Nvidia was in an uproar: more than 1,600 comments and hundreds of people signed a petition demanding his reinstatement, while the board of directors was asked to resign en masse.