Polymarket to lay off staff and terminate contracts with some contractors

According to The Block, Solana Company reported third-quarter revenue of $3.4 million, a sharp increase from $700,000 in the year-ago period. The outlet attributes the quarter’s revenue primarily to staking rewards from its holdings of SOL tokens. The report adds that as of September 30, Solana Company held roughly 2.4 million SOL, with a fair value of approximately $288.2 million. The Block notes that staking income from these SOL holdings served as the company’s primary revenue driver for the quarter.

According to Bloomberg, Nomura Holdings is exploring the sale of its crypto business Laser Digital Holdings AG. The Zurich-based subsidiary posted a loss last year, dragging Nomura’s entire European business into the red. People familiar with the matter said Japan’s largest brokerage is in talks with potential buyers, including Marex Group which is evaluating the deal. No final decision has been made yet; Nomura could also sell the business to other buyers or opt to retain it. Representatives from Nomura and Marex declined to comment. Founded in 2022, Laser Digital provides institutional clients with crypto asset trading, asset management, and venture capital services, forming part of Nomura’s digital asset strategy. Its related initiatives launched around the same period include security token platform Boostry and custodian service provider Komainu. Despite posting losses, the company has been advancing its institutional business recently: In August this year, Laser Digital Japan completed registration as a crypto asset trading service provider, becoming the first new entrant in this category in Japan in nearly four years. In May, its proposed U.S. national trust bank also received conditional preliminary approval from the U.S. Office of the Comptroller of the Currency (OCC). In January this year, Hiroyuki Mori, Nomura’s Chief Financial Officer, stated that due to Laser Digital’s losses recorded from October to December 2025 amid market volatility, the company is reducing its crypto asset exposure through strict position management, while emphasizing that its medium- and long-term investment stance in digital asset-related businesses remains unchanged.

According to Forbes, NVIDIA’s board of directors is preparing to oust CEO Jensen Huang, who has held the role for 33 years, and may hold a meeting on November 11. Forbes noted that NVIDIA’s market capitalization has shed roughly $1 trillion since The New York Times first reported on October 29 about Huang’s relationship with Huang Le, an executive at Singaporean data center operator Megaspeed. The stock fell an additional 8% in after-hours trading on November 11. Wedbush analyst Dan Ives warned that if Jensen Huang is ousted, the company’s market cap could lose another $1 trillion to $1.2 trillion. On November 8, Jensen Huang admitted to infidelity in an internal letter to employees. An NVIDIA spokesperson stated that Huang is “committed to leading NVIDIA without interruption.” On November 11, The New York Times further reported that Huang had an extramarital relationship with Kimberly Powell, the company’s vice president of healthcare business who reports directly to him. Forbes cited pre-report estimates from Doug Clinton of Intelligent Alpha, who put the likelihood of Huang stepping down as CEO at 10% to 20%, while Yale University professor Jeffrey Sonnenfeld said the odds were evenly split. Forbes pointed out that NVIDIA has no public succession plan, and Huang has 60 direct reports. Newsweek reported that if Huang leaves, CFO Colette Kress is a potential candidate to serve as interim CEO. NVIDIA has set its third-quarter revenue guidance at $108 billion, with analysts expecting year-over-year growth of around 91%. The company is scheduled to release its earnings report on November 17. Forbes also cited SFist, noting that if Huang’s wife files for divorce, the settlement amount could range from roughly $62.6 billion to $81.1 billion under California’s community property laws.

According to a report by The Washington Post, the White House did not intervene in NVIDIA's board's decision-making.

Slow Mist founder Cosine posted on social media that the new version of Telegram supports embedding "apps" in messages but lacks sandbox protection, and the QuickJS runtime it uses could become a vector for malicious code execution. He noted that flashy features often introduce unnecessary risks, adding that AI-powered vulnerability discovery and exploitation are far more advanced than before, advising users to hold off on updating Telegram for now. The issue ties back to a new feature unveiled by Telegram founder Pavel Durov on November 10. Durov stated that any Telegram message can function as an app, weighing less than 4KB, downloading instantly, and supporting interactive rendering, payments, and other mechanisms. Related outlet Bot News explained that Bot API 10.4 enables sending native HTML widgets in message bubbles. Security researcher V12 followed up, writing that "any Telegram message can now be turned into a remote code execution vector." Another security researcher, owarida, pointed out that Telegram’s so-called "sandbox" for these HTML widgets is actually an in-process, thread-running QuickJS (C language) interpreter, with no isolation measures like fork, isolatedProcess, or seccomp. If a QuickJS vulnerability is exploited, attackers can gain the same permissions as the Telegram client without additional bypasses. owarida added that the flaw is a use-after-free vulnerability in the interpreter, triggerable via standard JavaScript, with fixes currently only available in the main branch, noting that QuickJS has had multiple vulnerabilities in the past.

According to data from BIT Stock Platform, all three major U.S. stock indexes rose during yesterday’s regular trading session: the S&P 500 closed at 7,619.38 points, up 1.31%; the Dow Jones Industrial Average ended at 52,486.49 points, up 0.49%; the Nasdaq Composite Index closed at 25,466.19 points, up 1.60%; and the Nasdaq 100 Index gained 2.28%. During the session, AI-related stocks generally performed strongly: CoreWeave (CRWV) closed up 24.71%, Applied Optoelectronics (AAOI) rose 15.60%, and Nebius (NBIS) gained 15.44%. After market close, The Wall Street Journal reported that NVIDIA’s board was preparing to oust CEO Jensen Huang, while The New York Times exposed another extramarital partner of Huang—news that pulled the market lower. Per BIT Stock Platform data, as of 19:47 ET (8:47 Beijing time on the 12th), NVIDIA (NVDA) traded at $159.37 in after-hours trading, down 8.27%; the stock had closed at $173.73 in regular trading, up 2.87%. Meanwhile, CoreWeave fell 6.76% in after-hours trading, Super Micro Computer (SMCI) dropped 4.40%, IREN lost 4.08%, Dell Technologies (DELL) fell 3.83%, Applied Optoelectronics declined 3.65%, and Nebius dropped 3.36%. The QQQ ETF, which tracks the Nasdaq 100, fell 0.93% in after-hours trading, while the SPY ETF, which tracks the S&P 500, declined 0.49%.