TRUMP unlocked 40 million tokens 5 hours ago, equivalent to around 300 million US dollars

According to a report from The New York Times, two sources familiar with the matter disclosed that ahead of Jensen Huang’s resignation as CEO of NVIDIA (NVDA.O), U.S. President Donald Trump called him on Tuesday, urging him to retain his role. The call marks the latest instance of Trump’s support for Huang. Huang has emerged as a prominent ally of Trump’s circle and a highly influential advisor to the U.S. president on artificial intelligence.

According to a Bloomberg report, insiders familiar with the matter said prediction market platform Kalshi is in discussions with investors for a new funding round just weeks after closing a financing round at a $40 billion valuation, with a target valuation of $65 billion. The sources added that the previous round, announced by Kalshi in late October, was initially expected to be its final financing round ahead of an initial public offering (IPO), but the company later opted to continue raising capital via private markets. The source requested anonymity because the financing negotiations are not public.

Tom Lee, chairman of Ethereum treasury firm Bitmine, posted that the departure of a founder and CEO is a major test for any company, but he remains optimistic that NVIDIA will continue to lead the industry. NVIDIA has significant technological advantages in chip design, supply chain control, and the CUDA ecosystem—these core competencies will not disappear due to management changes. Additionally, the company boasts a deep pool of engineering talent; if Jensen Huang were the sole core figure in chip and architecture design, the company would face far greater risks. NVIDIA has a strong employee stock ownership culture: around 80% of its employees hold stock assets worth $1 million, and 50% hold stock valued at over $25 million. This means employees are deeply aligned with the company’s long-term growth, giving them strong incentives to sustain its industry leadership. Meanwhile, NVIDIA’s current price-to-earnings (P/E) ratio is attractive, and its robust free cash flow allows the company to support its stock price through share repurchases. Jensen Huang’s departure may trigger market volatility in the short term, as many investors will view it as a negative event. However, based on a forward P/E ratio of around 10x, NVIDIA is currently the most attractive AI sector stock in terms of risk-reward ratio. Tom Lee advises investors to buy on dips, stressing that NVIDIA will remain one of the world’s most important companies in the future. He also expressed regret over Jensen Huang’s departure, adding that he believes Huang will continue to create excellent products.

According to Politico, the chair of the U.S. Senate Committee on Finance has subpoenaed Jensen Huang and Commerce Secretary Lutnick to testify regarding the NVIDIA controversy.

According to Lookonchain monitoring, the attacker behind the Pando Rings hack has bought 7,548 ETH worth roughly $16.72 million. Around 7 hours ago, the same attacker transferred 4,000 ETH, valued at about $9.17 million, to Tornado Cash, allegedly attempting to move and launder the related funds through the mixing protocol.

According to Onchain Lens monitoring, Abraxas Capital has accumulated $274 million in profits on Hyperliquid. The firm currently holds a $393 million short position on the platform, with an unrealized profit of $63.49 million. Over the past 30 days, the institution has earned $115 million in profit, and its $147 million BTC short position alone currently has an unrealized profit of $9.15 million.