Kava clarifies abnormal cross-chain token sell-off: It is not infinite minting, and the issue has been isolated within Kava Lend.

According to Lookonchain's monitoring, Erik Voorhees, an early Bitcoin supporter and founder of ShapeShift, appears to be buying the dip on Ethereum. Multiple wallets linked to Voorhees spent $97 million over the past four days to acquire 48,647 ETH at an average price of $1,994. These wallets still hold $78.68 million in stablecoins, indicating they may continue purchasing.

Early Bitcoin supporter and ShapeShift founder Erik Voorhees(@ErikVoorhees) appears to be buying the $ETH dip! We spotted many wallets linked to Erik Voorhees that spent $97M to buy 48,647 $ETH at an average price of $1,994 over the past 4 days. These wallets still hold $78.68M

The petition website urging NVIDIA’s board to reinstate Jensen Huang continues to gain momentum. As of press time, the site has garnered 83,409 signatures, including 4,656 current NVIDIA employees, 806 former employees, and 44,547 shareholders. Notable public figures including Elon Musk, Tom Lee, and Replit CEO Amjad Masad have publicly signed the petition. Earlier, on November 12, 2026, NVIDIA announced Huang’s immediate resignation as CEO, ending his 33-year tenure leading the company he co-founded. Campaign organizers and signatories fear Huang was forced out without proper due process or sufficient time to defend himself, and are demanding an explanation from the board. The open letter’s core demands to NVIDIA’s board are: Reinstate Huang as CEO pending an independent fact-finding investigation; if he remains away from the role, provide evidence-backed explanations. The letter also calls for ensuring the investigation is independent, defining its scope and timeline, granting Huang a fair chance to defend himself, and issuing timely public statements addressing relevant concerns, evidence, and trade-offs for employees’ and shareholders’ interests. It stresses: “Thirty-three years of leadership does not mean immunity from accountability, but accountability requires evidence and due process, not a public lynching.” The site notes the campaign is independent and has not been endorsed by NVIDIA or Huang himself.

stUSDT official has announced the discontinuation of stUSDT and wstUSDT issuance. The redemption window runs from November 14, 2026 to May 14, 2027, with rewards ceasing distribution as of November 14, 2026. After users unstake their assets, they must click the "Claim" button to receive their corresponding USDT. The official requires holders to complete redemptions via the self-service portal by May 14, 2027; post-deadline, the self-service channel will close, and remaining redemption requests must be submitted to customer service, which will process them in monthly batches through August 2027. Additionally, the team warns users to guard against scams, noting it will never send unsolicited private messages requesting mnemonics or private keys, and all redemptions must be conducted via official channels only.

Solana RPC provider Helius has announced the launch of its Historical Accounts API (Beta). The API allows users to query the full state of any account, liquidity pool, or wallet either at the end of a specific Slot or after a given transaction is executed. It supports use cases including trade backtesting, historical state simulation, precise state change tracking, trading strategy backtesting, querying historical token supply, calculating profit and loss (PnL), accessing historical wallet balances, and monitoring DEX liquidity over time.

Per HTX market data, KAVA has dropped more than 40% in the last hour amid suspected on-chain security incidents, and is now priced at $0.04. Separately, Upbit, South Korea’s largest cryptocurrency exchange, has issued a trading alert for Kava (KAVA).