BeInCrypto

JUST IN: Trump says his team warned the leader of a major AI company over "something bad with AI." "Get ready to go to jail. Please give your wife a kiss goodnight." But he didn't name the person or the company!

JUST IN: Coinbase secures full OCC national trust bank charter, joining Ripple under US federal oversight for crypto custody.

Nvidia CEO Jensen Huang has until November 11 to respond to a congressional briefing request over his reported links to a suspected Chinese spy. What does the spy memo say? The controversy centres on Alice Huang, an executive at Nvidia customer Megaspeed. According to reports, a US intelligence memo alleged that China's spy agency recruited Alice Huang to gather inform President Trump was reportedly briefed on the allegations about a year ago but chose not to act, amid concerns about disrupting Nvidia's chip business. Three US House committee chairs now want a closed-door briefing with Huang about potential national security risks. Senator Elizabeth Warren has also called for answers, saying Huang and Nvidia's board "owe Congress answers." Is Jensen Huang's job safe? For now, Nvidia's board continues to back him, but launched an independent investigation and says it has no reason to believe company secrets or US national security were compromised. No official or board member has called for Huang to step down. Three dates to watch: November 11: Deadline to respond to Congress November 17: Nvidia's earnings report November 18: Proposed congressional briefing With $NVDA already under pressure, the controversy adds another concern for investors ahead of earnings. READ THE FULL STORY: beincrypto.com/nvidia-stock-…

Binance Pool is shutting down tomorrow after six years of operation. The mining pool found just one Bitcoin block in the past week (after the hack). The pool's hashrate fell roughly 65%, from 26 EH/s in December 2025 to 9.2 EH/s in October 2026.

“Crypto got boring” has been a trending topic of discussion on X recently. No liquidity, no easy 100x gains, and stablecoins seem to be the only thing that works. Is that a bear market signal, or just what a grown-up market looks like? 🤔

JUST IN: South Korea's financial watchdog is tightening security checks on exchanges and will meet their security officers on Nov 19. This follows the Gopax, Bithumb and ProBit incidents.

LATEST: Nvidia's board has opened an investigation into Jensen Huang after he admitted an affair with a Chinese businesswoman US officials reportedly suspect is a spy. He stays CEO, and the board says it has no reason to think any secrets leaked. $NVDA is down ~3–4% overnight.

🚨 EXCLUSIVE: Crypto millionaire Evan Luthra reveals how five masked men kidnapped him in Oxford and stole over $2 MILLION in crypto in just 30 minutes. Luthra has shared a firsthand account of the November 2025 attack, including how his private driver took him into a secluded alley, how the kidnappers emptied his crypto accounts, and why he suspects the robbery was planned by someone he knew. @EvanLuthra was visiting the UK for a Halloween party in London, an award ceremony at the House of Lords, and a speech at Oxford University. After his Oxford speech, he got into a private car with three women and an old friend from India. The driver had been arranged by a promoter Luthra had known for years and had already been driving him around for several days. But on their way back, the driver suddenly took them into a secluded alley surrounded by trees. Five masked men entered the car and immediately attacked Luthra. "Within the first ten seconds, I realised this was a kidnapping. I also realised I was going to lose millions of dollars." The attackers made it clear that Luthra was their only target. "I went straight into self-preservation mode. I told them not to hurt us and that I was happy to give them whatever they wanted." First, they took his special-edition Richard Mille watch. Then they grabbed his phone and used his face to unlock it. The kidnappers accessed his Binance account and transferred over $1.5 million in crypto. They also stole approximately $600,000 in Ethereum from his Gate account. Within 30 minutes, more than $2 million was gone. The kidnappers eventually released all five victims, taking their phones with them. Luthra and his companions walked to a police station in Oxford, where they remained until after midnight, giving statements. But Luthra now believes the attack was carefully planned. "The promoter who arranged the driver knew who I was, and I believe he was involved in organising what happened." He also claims the attackers had previously considered targeting him during his visit to the House of Lords. The aftermath has brought some major developments. Luthra says Binance and MEXC helped freeze and recover nearly $1 million in stolen funds, including roughly $370,000 returned through a UK court order. Multiple arrests have been made, according to Luthra. He says the criminal trial, originally scheduled for November 2026, has now been postponed until November 2027. Despite losing millions, Luthra says he considers himself fortunate to have escaped without serious injuries. "You can always make money. You can always buy another watch. God bless, I have other Richard Milles. But you cannot get back your life or undo permanent physical harm." One year after the kidnapping, Luthra is still waiting for justice and the recovery of the remaining stolen funds.

TRUMP BLAMES ELECTION FOR $3 TRILLION MARKET LOSS Trump stated equities had run like a "rocketship" before the sell-off, which saw AI stocks pull down the S&P 500 on Thursday. He dismissed the collapse as a temporary setback, claiming the market will return "bigger and stronger than ever before".

SOUTH KOREA UNVEILS RECORD $610B BUDGET TO EXPAND SOVEREIGN AI South Korean President Lee Jae Myung unveiled an 820.9 trillion won ($610.14 billion) national budget for 2027. The plan increases total spending by 12.8%, allocating 21.3 trillion won to semiconductors and AI infrastructure and 4.7 trillion won toward developing a sovereign AI model. The initiative will establish company-linked university degrees with Samsung Electronics and SK Hynix while resulting in virtually no net increase in government debt.

US SANCTIONS EIGHT CANADIAN FIRMS OVER IRAN CRYPTO RAILS Under Operation Economic Outcast, OFAC designated money services businesses for converting rials into digital assets to facilitate transactions for the Iranian regime. The platforms allegedly processed transfers for sanctioned exchanges, IRGC-tied addresses, and drug trafficker Ryan Wedding, freezing covered U.S. assets.

IS THE $50 BILLION CRYPTO CARD BOOM JUST GETTING STARTED? The industry for stablecoin-powered cards could quadruple by 2028. But the expensive fiat off-ramp problem remains the biggest barrier to widespread adoption. We sat down with Taylor Bossung from @RedotPay at TOKEN2049 to explore how the platform is solving this and driving everyday crypto spending. WATCH HERE: youtube.com/watch?v=bIkqva9g…