Huang Renxun has left Beijing, and NVIDIA has not disclosed whether Huang Renxun met with the DeepSeek founder.

According to official announcements, Upbit will list HYPE trading pairs against KRW, BTC, and USDT.

According to Farside data, U.S. spot Bitcoin ETFs registered a total net outflow of $201 million yesterday. Of this, IBIT saw a net outflow of $213.2 million, ARKB posted a net outflow of $9.9 million, and MSBT recorded a net inflow of $22.1 million; FBTC, BITB, BTCO, EZBC, BRRR, HODL, BTCW, GBTC, and BTC had no capital inflows or outflows. U.S. spot Ethereum ETFs posted a total net outflow of $184.6 million yesterday. The breakdown shows: ETHA had a net outflow of $119.3 million, ETHB saw a net outflow of $20.8 million, FETH recorded a net outflow of $19.1 million, ETH posted a net outflow of $25 million, and TETH had a net outflow of $2 million; MSSE registered a net inflow of $1.6 million, while ETHW, ETHV, QETH, EZET, and ETHE had no capital movements.

MEXC, a cryptocurrency exchange, has established communication with the U.S. Financial Crimes Enforcement Network (FinCEN) with the assistance of a top U.S. law firm, according to a post by MEXC CEO Vugar Usi. FinCEN confirmed on Monday U.S. time that it received a written request submitted by MEXC, and the platform stated it is willing to fully cooperate with relevant work. Vugar Usi emphasized that MEXC’s operations remain normal, with deposit, withdrawal and trading functions all unaffected. The team has formulated follow-up work plans and will promptly disclose relevant updates to the community as progress is made. Earlier, Blockbeats reported that FinCEN ordered the severing of MEXC’s ties to the U.S. financial system, prohibiting U.S. financial institutions from processing fund transfers involving the exchange. FinCEN alleged that MEXC processed at least $16 billion in funds linked to sanctions evasion, cybercrime and other illegal activities between May 2021 and May 2026, involving entities from Iran, North Korea and Russia.

According to Bitget market data, Hong Kong stocks opened higher in the morning: the Hang Seng Index rose 0.7% at open, and the Hang Seng Tech Index gained 0.78% at open, before both indices fluctuated lower. By midday close, the Hang Seng Index was up 0.29% at 24,518.87 points, while the Tech Index advanced 0.7% to 4,069.03 points. In individual stocks, Zhipu (02513.HK) closed up 11.89%, MINIMAX-W (00100.HK) closed up 7.06%, and SMIC (00981.HK) closed up 3.91%.

Per MistTrack monitoring, Tether froze 5 Ethereum addresses approximately 8 hours ago. These addresses, which were active in 2021 and 2023, hold a total of around $24.35 million in USDT. MistTrack noted that one of the frozen addresses had interacted with addresses it labeled as "phishing" and "pig butchering" scams. The 5 addresses involved in the freeze are: 0x25660042d9019fa2114c6c86fc3fd45134671028, 0xa04b55eae185f7e17806faaa5154fe53b9937b75, 0xc01144d85302139f761cbd710314215d93d296bf, 0x5b0f739a26b002cf414cc855ec9a7ae4a918ea44, 0xb28593f308d3126ae75ba2abcca6356f6607aed0

According to TradingBeats monitoring, ZEC on Hyperliquid is currently trading at $1,147.6, down roughly 9.76% since 00:00 yesterday. It has fallen about 32.29% from its September 27 high of $1,695, and around 17.50% from its November 6 rebound peak of $1,391. The market downturn has caused large funds’ long positions to be breached. Among the 28 ZEC long positions across the market each holding over $1 million, 22 are now in unrealized losses (accounting for ~78.6%), with total unrealized losses of around $10.89 million. While the remaining 6 accounts remain profitable, after hedging, these 28 addresses still show a net unrealized loss of approximately $3.26 million overall. These 28 whale addresses hold a total of ~$143 million in ZEC long positions, with a position-weighted average entry price of $1,173.79. The current price is about 2.23% below their overall cost line, putting longs under broad pressure. The largest long position, address 0x60b0, currently holds ~$19.15 million with an average entry price of $1,179.65, resulting in an unrealized loss of ~$534,900. The address with the largest loss, 0x2b61, holds ~$7.81 million with an average entry price of $1,453.56, posting an unrealized loss of ~$2.0826 million.