🚨 JUST IN: $BTC slips toward $68K as its market cap drops over $60B in a day to $1.37T, its lowest level in nearly 3 months. Over the past six weeks, about $370B has been wiped out, a 21% decline from early October.

🚨 NEW: North Korean hackers have launched memecoins on NEAR to launder stolen funds but no one is buying them. Thailand plans to cap stablecoin transfers at $148,000 per day. The region’s top crypto news in Asia Express:

🇺🇸 LATEST: Commerce Secretary Lutnick faces scrutiny over whether his department did enough to keep Nvidia’s AI chips out of China after Jensen Huang’s ouster, per Bloomberg.

⚡️ NEW: Anthropic’s Claude unveils Claude Meetings, a beta tool that joins team video calls and builds docs, whiteboards and other artifacts in real time, now available to Team and Enterprise users.

🚨 JUST IN: Over $440M liquidated in the past hour as the crypto market sells off, $417M of it from longs. bitcoin:native fell below $69K. ethereum:native dropped under $1,950. solana:So11111111111111111111111111111111111111112 slid to $78.

🚨 UPDATE: Microsoft 365, Outlook and Teams stayed down for thousands of users for over five hours, and the outage also disrupted connectors for OpenAI and Anthropic’s AI services.

⚡️ NEW: Nvidia employees call for Jensen Huang’s return in an internal post that has drawn over 1,600 comments, most of them in favor of his reinstatement, per WIRED. Will Huang return to Nvidia?

🗞️ Need to catch up on the news? Here's our top 10 from today: 🔸 President Trump calls Jensen Huang “a tremendous talent,” but says whether he should have stepped down depends on whether the woman tied to him turns out to be a spy. 🔹 Anthropic’s IPO is reportedly about 6x oversubscribed as the AI firm seeks to raise up to $64.4B in what could be the biggest first-time share sale ever. 🔸 President Trump nominates four new commissioners to the CFTC and SEC, his first picks for the two regulators in about a year. 🔹 Kalshi has ended Donald Trump Jr.’s advisory contract after his venture capital firm, 1789 Capital, increased its investment in rival prediction market Polymarket. 🔸 The US Department of Justice seized infrastructure linked to North Korea’s $400 million FaceStealer crypto theft scheme and froze more than $1.2 billion in cryptocurrency stolen from Binance. 🔹 World Liberty Financial (WLFI) has executed its first $1 million in token buybacks in less than 72 hours, with transactions verifiable onchain. 🔸 Nvidia co-founder Jensen Huang has resigned as CEO and stepped down from the company’s board, with CFO Colette Kress appointed interim CEO. 🔹 Jensen Huang reportedly had an intimate relationship with a second employee, bringing the alleged total number of women involved in extramarital affairs to three. 🔸 The Federal Reserve has updated its 2027 FOMC calendar, removing the October interest rate meeting. 🔹 Binance says it has finished covering all user assets hit by the $6.3B hack. A new Proof of Reserves snapshot, and a ZK proof will let users check 1:1 backing.

🚨 TODAY: OpenAI, Anthropic, Google, Meta and SpaceX’s AI unit face a lawsuit from a group of nonprofits that seeks to block further work on frontier AI over fears it could threaten humanity.

🇺🇸 LATEST: President Trump calls Jensen Huang “a tremendous talent,” but says whether he should have stepped down depends on whether the woman tied to him turns out to be a spy.

🇺🇸 JUST IN: US Senate Banking Committee Chairman Tim Scott calls on former Nvidia CEO Jensen Huang and Commerce Secretary Howard Lutnick to testify over national security concerns tied to sensitive US tech.