Odaily News: JPMorgan and Goldman Sachs are leading the arrangement of a $5 billion loan underwriting deal for AI cloud services company Volta Infrastructure Holdings (Volta AI), but will only underwrite $1.3 billion of the term loan to reduce their own risk exposure.

It is reported that this $1.3 billion term loan transaction will be used to pay for Volta's leasing fees for data centers operated by Bitcoin mining company Bitdeer. As of now, representatives from JPMorgan, Goldman Sachs, and Volta have all declined to comment on the matter. (Bloomberg)

1. South Korean stock market sell-off may spill over into crypto markets, Tom Lee calls it short-term pain;

2. 15 trades in 4 months with nearly all profitable, a whale has accumulated $29.75 million in profits and went long on 24,000 ETH worth $60.7 million;

3. SafePal responds to hardware wallet security concerns, reminding users to verify Ledger device authentication, activation records, and packaging seals;

4. AMAT, the largest semiconductor equipment manufacturer in the US, expects revenue to double in the coming years;

5. KB Securities: South Korean chip stocks pullback may reflect investors' doubts about earnings sustainability;

6. CZ: Paying to smear competitors only damages trust in your own exchange;

7. $115 million HYPE long position currently has unrealized gains of $61.26 million;

8. Profitable since 2023, Bitcoin long-term holders currently have a 72% unrealized profit buffer;

9. Binance will adjust leverage and margin for multiple USDT-margined perpetual contracts;

10. A whale transferred 5,170 ETH worth $12.82 million to Tornado Cash, with unrealized gains of $3.056 million.

Odaily reports that Nick Johnson, founder of the Ethereum Name Service protocol ENS, has submitted an executable draft proposal requesting that the decentralized autonomous organization (DAO) approve the activation of ENSv2 on the Ethereum mainnet. Once the upgrade is approved, the original ENS registrar will pause new domain registrations, while existing domain holders will still be able to renew.

ENSv2 will introduce a more flexible domain management and permissions architecture. After domain record synchronization is complete, new .eth registrations will migrate to the upgraded system, and new registrations on both systems may be paused for several hours during the transition; existing holders will not need to migrate, and their domains will remain fully functional. ENS Labs plans to transfer the remaining administrative permissions of the upgraded contracts to the DAO.

The proposal is currently still in draft stage and needs to enter the on-chain DAO voting process. According to governance rules, an executable proposal must secure at least 1 million ENS tokens participating and a majority of support within a 7-day voting period. After approval, it must also undergo a timelock of at least two days. The voting date has not yet been announced. (Cointelegraph)

Odaily News: BSC ecosystem AI Agent project NeoSoul today announced a strategic partnership with Alibaba Cloud. NeoSoul has integrated Alibaba Cloud's AI model services into its Agentic Trading product NeoTrade, providing support for model inference and computing for autonomous trading Agents. As NeoTrade's product development and usage scale grow, both parties plan to further explore cloud-based AI technology collaboration.

After users set trading rules in NeoTrade, the AI Agent continuously tracks market changes, identifies trading opportunities, and executes strategies within authorized parameters. From analyzing market conditions to taking action, the Agent needs to repeatedly update its judgments as the market changes. The model inference and computing services provided by Alibaba Cloud will support this process, supplying computing resources for NeoTrade's autonomous trading applications.

Kaelan, co-founder of NeoSoul, stated: "As AI Agents evolve from answering questions to continuous decision-making and autonomous execution, the demands on underlying AI infrastructure are rapidly increasing. Agentic Trading, which NeoTrade is exploring, enables Agents to continuously understand the market, form judgments, and take action within user-authorized parameters. Alibaba Cloud's models and computing capabilities will provide critical infrastructure support for this process. We hope to use this partnership as a starting point to enable NeoTrade to handle larger-scale and more complex autonomous trading tasks, and to jointly explore the boundaries of AI Agent applications in real-world financial scenarios."

An Alibaba Cloud Intelligence spokesperson stated: "AI Agents are evolving from single model calls into a new application paradigm of continuous perception, reasoning, decision-making, and execution, which places higher demands on model services and cloud computing infrastructure. NeoTrade's exploration in the Agentic Trading scenario provides a new practical direction for AI technology entering high-frequency, real-time business environments. Alibaba Cloud will support NeoTrade's product development through model services and computing capabilities, and will continue to explore technology collaboration with NeoSoul for next-generation AI Agent applications."

Odaily Report: Russia's largest bank, Sberbank, has joined the Bank of Russia's cryptocurrency exchange registry, after having been added to the digital depository registry earlier this month.

Sberbank plans to open cryptocurrency trading to all customers on December 1, and is currently testing Bitcoin, ETH, and USDT trading within its app. The related business will be subject to stricter regulation, cryptocurrency payments remain prohibited, and starting from July 2027, transactions must be conducted through registered intermediaries. (CoinDesk)

According to MSX.COM data, JPMorgan's U.S. pre-market stock decline has widened to 3.5%; on the news front, the company's third-quarter adjusted revenue was $50.91 billion, below expectations.

Odaily News: On November 12, from 15:30 to 16:30 (UTC), Gate Founder and CEO Dr. Han will be invited to attend and speak at The Oxford Union. The event will be held at The Oxford Union on St Michael's Street, Oxford, UK. Founded in 1823, The Oxford Union is an independent student debating society with over 200 years of history. It has long invited political and business leaders, renowned actors, Nobel laureates, and other distinguished figures from various fields to speak, and has historically hosted many notable figures including Albert Einstein.

As one of the world's leading cryptocurrency trading platforms, Gate was founded by Dr. Han in 2013 and now serves over 61 million users globally, covering asset management, trading, payments, and other financial and lifestyle scenarios. Gate is also continuously expanding its digital financial services footprint, driving the connection between digital assets, fiat currencies, and payment services through Gate Money. Dr. Han's appearance on this international exchange platform will also create new opportunities for dialogue between Gate and global thought leaders and the next generation of talent, continuously expanding the connection between digital assets and traditional finance, and further showcasing Gate's practices and insights in global digital asset industry positioning, product innovation, and compliance development.

Odaily News: The Finance Committee of the French National Assembly has passed an amendment that would require the declaration of self-custodial wallet crypto assets valued at or above €100,000 (approximately $112,000) at year-end, with non-declarers facing fines of up to €10,000 (approximately $11,000). The rule has not yet become law and may still be subject to changes.

Harry Halpin, CEO of privacy infrastructure company Nym, stated that French tax authorities are suspected of selling taxpayer data to criminals, and the new declaration requirement could threaten the safety of asset holders. Rand Hindi, founder of privacy protocol Zama, called on French crypto asset holders to leave France, and those unable to leave should hire security for their families.

The proposal comes amid a series of crypto-related robberies, kidnappings, and "wrench attacks" that have occurred in France in recent years. The committee had also passed measures treating crypto-to-stablecoin conversions as taxable sales and expanding the scope of crypto exit taxes, but the budget revenue portion was subsequently rejected by a vote of 31 to 3, and the related amendments will need to be resubmitted. (Decrypt)

Odaily News: KuCoin Nigeria Limited has received Approval in Principle (AIP) from the Nigeria Securities and Exchange Commission (SEC Nigeria), granting it admission to the Accelerated Regulatory Incubation Program (ARIP). This approval does not constitute final registration, a license, or endorsement, nor does it authorize the company to commence operations, onboard customers, list digital assets, offer trading or P2P services, process fiat on/off-ramps, or custody customer assets; the company will not launch related business activities until all pre-commencement conditions are met and further written permission is obtained from SEC Nigeria.

Odaily News: European electronics retailer MediaMarkt's parent company MediaMarktSaturn has removed all Ledger products from its stores and online platform, stating that it is in contact with the manufacturer. The company said it takes this matter very seriously.

X user Johannes claims that two Ledger wallets purchased from two different MediaMarkt stores both contained unauthorized cables and cellular modules. Ledger stated that the implants in question can transmit users' recovery phrases via cellular networks and is investigating reports beyond CryptoBilis.

Former Mt. Gox CEO Mark Karpelès said that a Ledger Flex he purchased at Singapore Changi Airport contained a spy implant. Ledger responded by saying users should refer to the latest CryptoBilis investigation update, but did not directly address the Singapore case, nor did it confirm whether tampered devices exist in Europe. (Cointelegraph)

Odaily News: Bitget has officially launched its rToken US stock transfer feature, currently supporting 3,000+ US stocks and ETFs. Users can transfer eligible stock assets from traditional brokerage accounts to Bitget, and upon arrival, the stocks will be automatically converted into spot US stock rTokens based on the corresponding share quantity. Bitget charges no fees throughout the entire transfer process.

After transfer, the rTokens can be directly integrated into Bitget's Universal Exchange (UEX) ecosystem, where they can be used for wealth management, lending, margin, and other yield-generating products, enhancing the capital efficiency and use cases of stock assets. To coincide with the feature launch, Bitget has simultaneously introduced a reward campaign featuring a total of $1 million in SpaceX stock tokens (rSPCX). Users can earn corresponding SpaceX stock rewards based on their transfer amounts, with rewards distributed on a first-come, first-served basis. Users can select the stocks and quantities they wish to transfer on the US stock transfer page and use the in-page reward calculator to view the estimated transfer amount and corresponding campaign rewards.

Bitget CEO Gracy Chen stated: "This feature is designed to help investors consolidate stock assets scattered across different brokerages into a unified ecosystem without selling their existing holdings, enabling flexible allocation across asset classes."

Odaily reports that according to an official announcement, Gate Card's automatic top-up feature has been comprehensively upgraded. It now connects spot accounts, Gate Money, Simple Earn, and stock accounts, supporting automatic transfers of 14 types of cryptocurrencies and tokenized stock assets. Users can customize the deduction order of accounts and assets, and when the card balance is insufficient, the top-up will be completed automatically, improving fund allocation efficiency and daily payment experience. Combined with the Gate Card points reward system, users can also use cryptocurrencies, gold-related assets, and tokenized stock assets redeemed through spending points for automatic top-ups, forming a complete closed loop of spending, points redemption, and asset utilization.

Previously, Gate announced a partnership with Visa to launch a crypto-linked card, with plans to expand related services to more than 40 markets worldwide. Users can use digital assets for payments at online and offline merchants that accept Visa, further exploring everyday use cases for digital assets. Visa's digital payment network covers more than 200 countries and regions, with over 175 million merchant acceptance locations.

This upgrade also enriches the integrated financial services scenarios of Gate Money. Gate Money integrates digital assets, fiat currency, stocks, ETFs, gold, bank accounts, and payment services into the Gate App, supporting eligible users in applying online for global bank electronic account services and completing fund receipts and payments, asset exchanges, and other operations. By connecting account funds, asset management, and consumer payments, Gate continues to expand the real-world application of digital assets, improving the service chain from account opening and fund management to asset allocation and daily spending.

Odaily News: The Hyperliquid Assistance Fund has cumulatively purchased over 48 million HYPE tokens, with a total expenditure of approximately $1.365 billion. The current market value of these tokens has risen to approximately $3.953 billion. The fund primarily uses protocol trading fee revenue to continuously buy back HYPE from the open market, serving as a mechanism for the protocol to return value to token holders. Recently, Hyperliquid has also injected a portion of USDC reserve yields into the Assistance Fund through the AQAv2 framework to expand the source of buyback funds, so that buybacks no longer rely entirely on trading fees.

Odaily News: AMC CEO Adam Aron has once again posted on X, stating that Robinhood claims to support the SEC's new rules regarding U.S. stock tokenization, and demanding that Robinhood clarify whether its international business will follow the same principles set forth by the SEC. He stated that if Robinhood's offshore business in Jersey does not comply with the relevant principles, it would constitute a distortion and mockery of the correct practices required by the SEC. In the original post, he repeatedly exclaimed "shame, shame, shame," expressing his contempt for Robinhood's refusal to respond directly to the relevant questions.

Odaily News: According to investors, embodied intelligence unicorn company Zhiyuan Innovation has recently launched a new round of financing, raising approximately RMB 1 billion to 1.5 billion. This round is nearing completion, with the latest valuation at approximately RMB 50 billion. In July 2026, Zhiyuan announced the commencement of preparations for a Hong Kong stock exchange listing. At the time, investors said Zhiyuan was expected to list as early as August, with a target valuation of HKD 40 billion to 50 billion.

According to the relevant requirements of the Hong Kong Stock Exchange, if a listing applicant completes new financing after filing but before listing, unless a special exemption is obtained, the applicant must wait 120 days after the financing is completed before it can be listed for trading. The aforementioned investors said the new funding round means Zhiyuan will be unable to complete its IPO within this year. Regarding the new financing, valuation, and IPO progress, a relevant person in charge at Zhiyuan said there is no comment for now. (Caijing Magazine)