OTC whale address 0x69A8…6108 sold 6532 ETH, incurring a loss of $3.1 million.

The U.S. government is finalizing new export control rules for AI chips, planning to restrict Chinese AI companies from remotely using advanced chips such as Nvidia Blackwell through overseas data centers. The new rules could be announced as early as this month. The new regulations bring Singapore, Malaysia, Thailand, Indonesia, Norway, Brazil, and South Africa under a stricter chip export licensing system. Data centers operated by non-US companies in these countries importing controlled AI chips such as Nvidia Blackwell and Rubin must apply for a license from the US and declare the end use. Data centers operated by US companies may be exempt if they prohibit remote use of the relevant chips by countries subject to arms embargoes, such as China and Russia, but they must report the identities of their customers and the scale of their computing power. Previously, Nvidia required overseas cloud service providers to offer at least 51% of their services to non-Chinese customers, and Oracle canceled its approximately $7 billion computing power leasing contract with Tencent under pressure from the US government. Currently, Chinese cloud service providers and AI labs are accelerating their bookings of overseas Nvidia computing power.

The OTC whale address 0x69A8…6108 bought 5105 ETH for $2691 a month ago, spending $13.74 million. Ten hours ago, this address sold 6,532 ETH for $2,085, worth $13.62 million, resulting in a loss of approximately $3.1 million.

On November 10, Judge Colleen McMahon of the U.S. District Court for the Southern District of New York dismissed prediction market Novig's preliminary injunction application against New York State, ruling that its sports event contracts were unlikely to fall under the definition of swaps under the Commodity Exchange Act, and that New York State could apply betting laws to the company. Novig filed a notice of appeal with the Second Circuit Court of Appeals hours later. McMahon criticized the Commodity Futures Trading Commission's (CFTC) previous order requiring Kalshi to continue operating after being sued in New York State, claiming the order implied collusion between the regulator and the regulated party. She argued that the CFTC's rules define event contracts, such as those related to sports, as swap contracts, yet state that sports betting and casino betting do not fall under the category of swap contracts, creating an inherent contradiction. (Source: Bitcoin.com News)

On November 9, Unocoin's servers were accessed without authorization, resulting in restricted user logins and the Unocoin website returning a 504 error. As a result, 81,000 addresses tracked by Arkham showed holdings of $0. Onchain Lens is investigating on-chain fund movements to determine the method of the crime.

Bank of Japan board member Toshiro Asada stated that he is not entirely opposed to raising interest rates at present, and that a slow pace of rate hikes may be necessary at some point in the future, but the pace must be carefully controlled. Asada Toshiro pointed out that Japan's inflation rate has reached approximately 2%, and the neutral interest rate may be slightly higher than the Bank of Japan's current policy rate. Asada stated that he is not currently considering proposing an interest rate cut, and hopes to make policy decisions after comprehensively assessing the upside and downside risks to the economy and the financial situation at each monetary policy meeting.