Odaily reports: AI chipmaker SigmaStar Technology is considering a Hong Kong listing as early as this year, planning to raise up to $300 million. The company has begun engaging with potential investors and has hired CICC and CITIC Securities International as relevant partners.
Headquartered in Xiamen, SigmaStar Technology's Shenzhen-listed shares have risen 67% so far this year. The listing plan comes as Chinese tech companies' Hong Kong fundraising activity picks up. Year-to-date, Hong Kong IPO proceeds have reached $52.2 billion, approaching the annual record of $57.8 billion set in 2010. (Bloomberg)
According to Lookonchain monitoring, a wallet address suspected to belong to a hacker received 1,500 ETH from Tornado Cash, then sold 1,499.5 ETH at an average price of approximately $1,998, cashing out about $3 million. This occurred amid a continued downturn in the crypto market, though whether the address is connected to hacking activity remains to be confirmed.
Odaily News: Bitcoin fell below $70,000 on Friday, hitting a three-month low since August 20. The decline came as Asian stocks strengthened, with the MSCI Asia-Pacific Index rising 1%, while U.S. Treasury yields held at Thursday's highs, with inflation concerns continuing to drive up market expectations for further Federal Reserve rate hikes.
In addition, after the U.S. midterm elections, Democrats are expected to regain control of both chambers of Congress next year, and the market is concerned that the crypto industry will face stricter regulatory scrutiny. Institutional capital also continued to flow out, with U.S. spot Bitcoin ETFs recording cumulative net outflows of more than $2.5 billion between October 30 and November 11. (Bloomberg)
Odaily reports: Thailand has launched a cryptocurrency payment app called WORPT, allowing foreign tourists to convert cryptocurrency into Thai baht and spend it at shops and restaurants by scanning payment QR codes widely used by local merchants, without needing to open a Thai bank account. WORPT is primarily aimed at cryptocurrency holders from South Korea, Japan, the Middle East, and Southeast Asia, and plans to reach 15 billion baht (approximately $440 million) in spending volume during an 18-month pilot period. The project launch comes as Thailand faces a second consecutive year of declining foreign tourist arrivals and falling international tourism revenue. (Bloomberg)
Odaily: According to Arkham monitoring, ALT5 Sigma, a company affiliated with the Trump family crypto project WLFI, staked 104.23 million WLFI about five hours ago, worth approximately $4.91 million. About seven days ago, the company also transferred over 333 million WLFI to two wallets, worth approximately $15.56 million. The wallet received 4.2 billion WLFI a year ago, with a book value of about $1 billion at the time, and subsequently sold most of it. It currently still holds nearly 900 million WLFI.
1. Megaspeed responds to the Jensen Huang incident: hires a U.S. law firm to conduct a comprehensive GPU inventory and cooperate with BIS inspections;
2. Renaissance, owned by the "Quant King," cut its NVIDIA Q3 holdings by 99.7% and significantly increased its stakes in Micron and AMD;
3. Because "there is no longer any need to worry about offending Jensen Huang," a certain cloud vendor has begun considering purchasing alternative chips from Google and AMD;
4. A certain whale turned to buying ETH after losing more than $2 million on a DOGE investment, spending $10 million to bet on a rebound;
5. Bloomberg lists 8 potential successors to Jensen Huang: 2 internal candidates and 6 external hires;
6. Analyst: There are concerns that NVIDIA's successor CEO may not provide enough support to Neocloud, potentially weakening the company's growth flywheel;
7. An Alameda Research wallet transferred 93,150 SOL to Coinbase, worth approximately $7.51 million;
8. A NVIDIA employee posted a call for Jensen Huang to return, receiving more than 1,600 comments;
9. A certain whale spent $4.3 million to buy altcoins from Binance, heavily positioning in VIRTUAL, PEPE, and UNI;
10. He Yi: Judicial freezing will be cooperated with at all financial institutions.
According to Odaily, Yuga Labs CEO Michael Figge posted that the number of Bored Ape Yacht Club unique holders currently stands at 5,667, rebounding from a low of about 5,480 a year ago and hitting a near one-year high. Over the past year, the figure has generally trended upward, with multiple fluctuations along the way; it recently dropped to about 5,525 before rebounding and continuing to climb.
According to Odaily monitoring, the cumulative profit of a certain address's contract account is approximately $40.04 million. The address recently reduced its SKHX long position by about $3.71 million and currently still holds approximately 1,635 SKHX longs; meanwhile, its XYZ100 long position increased by a net amount of approximately $3.28 million, with current holdings of 162.51.
Address: 0xfc667adba8d4837586078f4fdcdc29804337ca06
Odaily: DNA will be listed on Bithumb's Korean won market.
Odaily: In response to recent discussions surrounding asset freezing on the X platform, He Yi stated that judicial freezing will be cooperated with across financial institutions, and the relevant case has entered the litigation process, with a clear evidence-gathering procedure.
Previously, He Yi posted a reminder urging users to be wary of scenarios such as "U bought at a discount from a friend," "coins transferred on-chain from relatives," "money from doing business in Myanmar," "money from Cambodian gambling," and "a friend's money that just passed through the account," to avoid transferring such funds into Binance.
Odaily reports: According to Arkham monitoring, a whale address 0xB08 appears to have adopted a "better to buy wrong than miss out" strategy during the market downturn, purchasing approximately $4.3 million worth of altcoins from Binance, including SHIB, POL, EIGEN, VIRTUAL, PEPE, UNI, and others. About 70% of the funds were concentrated in three tokens: approximately $1.04 million in VIRTUAL, approximately $1.02 million in PEPE, and approximately $900,000 in UNI, representing positions across the AI, Meme, and DeFi sectors respectively.
Odaily reports that according to Whale Alert monitoring, an address dormant for 16.2 years has been activated, holding 50 BTC currently worth approximately $3.44 million (worth only about $3 in 2010).
Odaily reports that from November 11 to 12, 2026, Clash of Trenchers, an on-chain trading competition co-hosted by Ave.ai and Web3 Week Asia, took place at Kuningan City in Jakarta with a $2,000 prize pool. After two days of live competition, the event has come to a successful conclusion.
The eventual champion turned 1 SOL into 10 SOL in under 20 minutes, winning the $2,000 prize and claiming the title of The King of Trenchers for this edition.
According to OKX market data, as of November 12, 2026, the trading volume of OKX US stock-related products over the past 30 days reached 102.391 billion USDT.
Of this, stock perpetual trading volume was 100.273 billion USDT, while spot trading volume was 2.118 billion USDT.
The most popular stocks over the past 30 days were SNDK, SOXL, and SKHYNIX, with memory remaining the hottest sector.
According to market data, MiniMax has fallen 10.2% over the past 24 hours and is currently trading at 19.77 USDT.
According to Odaily monitoring, from 10:49 to 11:49 on November 13, 2026, a certain address reduced its ETH short position by 1,716.0488 ETH, valued at approximately $3.34 million based on the reference price, and currently still holds a short position of 32,850.75 ETH. Its contract account has accumulated profits of approximately $292 million.
Address: 0x5b5d51203a0f9079f8aeb098a6523a13f298c060; Total PnL: profit of approximately $292 million.


