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The number of signatures on the petition calling for Jensen Huang's return has surpassed the 150,000 mark, with well-known public figures including Elon Musk and Tom Lee having publicly expressed their support.

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The petition drive urging NVIDIA’s board to reinstate Jensen Huang continues to gain momentum. To date, the website has collected 151,083 signatures, including 7,380 current NVIDIA employees, 1,381 former employees, and 80,205 shareholders, among others. High-profile figures including Elon Musk, Tom Lee, and Replit CEO Amjad Masad have publicly added their names to the petition. On November 12, 2026, NVIDIA announced that Jensen Huang was stepping down as chief executive officer, effective immediately, marking the end of his 33-year tenure leading the company he co-founded. Campaign organizers and signatories express concern that Huang was forced out without due process or adequate time to defend himself, and are demanding the board provide an explanation. The open letter’s core requests to NVIDIA’s board are: reinstate Huang as CEO pending an independent investigation into the facts; if he remains in a leave of absence, provide evidence-backed justifications. The letter also calls for an independent investigation with clear scope and timeline, a fair opportunity for Huang to defend himself, and timely public disclosures addressing concerns, evidence, and trade-offs for employees and shareholders. The letter stresses: “Thirty-three years of leadership do not mean immunity from accountability, but accountability requires evidence and due process, not a public trial by the crowd.” The website notes that the campaign is independent and has not been endorsed by NVIDIA or Jensen Huang personally.

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US Treasury Secretary warns Federal Reserve against further monetary policy tightening.

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US Treasury Secretary: Significant changes needed to NVIDIA's leadership

US Treasury Secretary Scott Bessent said NVIDIA's leadership needs "significant adjustments" and the company should seek a new leader externally.

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US Senator Lummis: Democratic Party Opposes Consumer Protection Provisions of the CLARITY Act

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Approximately 64,000 Bitcoin mining rigs had their computing power hijacked, and the attackers failed to successfully mine blocks to obtain profits.

Approximately 64,000 Bitcoin mining rigs were hijacked, with a combined hashrate of around 13 EH/s. Attackers redirected the rigs’ hashrate to the OCEAN mining pool and set the payout address to a Bitcoin wallet under their control. The attack reportedly began around 20:00 Central Time (10:00 Beijing Time) on November 14. OCEAN’s dashboard showed its hashrate spiking sharply in a short window, nearly hitting 50 EH/s before falling back to around 40 EH/s. Mining hosting provider CoreX Hosting was the first to issue an alert, noting some rigs were unauthorizedly switched to other pools. An affected mine operator said their entire facility was hijacked, pointing to Luxor’s Commander mining management software as a potential root cause of the security incident. Other operators reported similar unauthorized pool-switching incidents several days earlier, suggesting the attack may be more widespread. CoreX later stated the attack appeared to have concluded, with the hijacked hashrate dropping from 13 EH/s to roughly 100 PH/s. The attackers failed to mine any Bitcoin blocks during the hijacking, so they earned no block rewards. However, affected miners permanently lost the Bitcoin mining revenue they would have generated during the attack, as this hashrate time is irrecoverable. To date, the full scope of the incident and whether Luxor Commander was compromised have not been independently verified.

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German customs is expected to gain the authority to seize illegally sourced Bitcoin starting in 2027.

German customs may soon gain a new authority: even without initiating criminal proceedings, it can seize cryptocurrencies if there is sufficient reason to suspect their illegal origin. The German Bundestag passed the relevant reform bill on November 12, targeting large-value assets, especially those worth more than 100,000 euros. The bill is set to take effect on January 1, 2027, but still requires approval from the Bundesrat and formal promulgation. Aimed at strengthening customs' law enforcement powers and its ability to combat financial crime, the bill establishes an administrative procedure allowing law enforcement to freeze assets based on concrete evidence of suspected illegal origin. Therefore, merely holding large amounts of Bitcoin is not sufficient grounds for asset seizure. The German government has explicitly stated that crypto assets fall within the bill's scope. The government believes this mechanism will help address the challenge law enforcement faces in tracing the origin of certain assets, as asset holders possess information that can explain the source of funds. However, a distinction must be made between temporary seizure and final confiscation; the latter still requires a ruling by the finance court.

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