AB Kuai Dong

I am very glad to meet CZ in Tokyo. This is his return to Japan after 7 years, and during this time, the entire industry has undergone tremendous changes.

At this event, I asked CZ a question: How do you view the on-chain of everything and the tokenization of stocks?

He replied: There have not yet been large-scale coin-stock products on the market. The possible reason is that each country and region has different policies, making it difficult for coin-stock investors to receive dividends and easily redeem stocks. There are also price differences during trading. However, projects on the chain are usually global in nature, which was a significant pain point back then.

Restrict areas or try to solve it?

But he reiterated that the trend of RWA cannot be stopped. $BNB

China’s State Taxation Administration disclosed that since it issued an announcement in July on the collection of individual income tax related to offshore trusts, more than 160 billion yuan in individual income tax has been declared, with the vast majority of taxpayers cooperating proactively.

In October alone, 120 billion yuan was collected, driving national individual income tax revenue for the month up by nearly 90%. The 90-day transitional grace period has now ended.

Anthropic, founded by former Baidu employee Dario, is nearing its IPO

Baidu founder Robin Li, meanwhile, is trying out fitness and playing mahjong with AI

The former employee and his former boss have taken different paths

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CZ and Heyi, along with industry veterans like Zhao Dong, 8 years ago

Having a meal and chatting about their ideas at a family restaurant like Saizeriya

No one could have imagined that Binance would grow to this scale

That’s downright savage. After photos allegedly showing Jensen Huang cheating went viral, the shop owner posted, “Welcome to take photos from the same angle.”

The shop’s current most popular dish is “Huang Renxun smoked fish”—a pun suggesting that Huang Renxun is a fish who got hooked by the ladies.

A great reconciliation of the century. Biden's new book reveals the letter Trump left for him when he left the White House after losing the 2020 election to Biden.

Then, no one expected that four years later, Trump would return to the White House. At the time, Trump was very friendly toward him and told him, “If it weren't for politics, I believe we would become very good friends.”

Multiple media outlets have reported that Trump will lead a delegation to China next week, but Nvidia founder Jensen Huang will not be accompanying him. This means Huang will miss this year’s APEC leaders’ and business meetings.

Huang traveled to China with Trump in May this year and attended a White House state dinner for Chinese and U.S. guests in September.

Musk may be coming to China again. The South China Morning Post confirmed that Musk, the head of SpaceX and Tesla, will visit Shenzhen, China, with Trump from November 18 to 19 to attend the APEC summit.

If Musk makes it this time, it’ll mean he’s been to China three times in three years.

Analytics firm Elliptic confirmed that North Korean hackers who previously stole more than $6 billion from Binance are creating multiple on-chain tokens. They use the stolen funds to buy these tokens on-chain, then sell them from another wallet to make a profit, thereby laundering the funds.

Since creating each token costs only about $90, many are abandoned after the laundering is complete.

This is so surreal. To help everyone struggling to find a job because they lack internship experience, the founder of the small quantitative fund Galvani Capital has decided to authorize anyone online to claim they interned at his company sometime between 2019 and 2025.

Since the company was dissolved around 2025, you can only list your internship as ending in 2025 at the latest. And to help everyone with their due diligence, he even set up a LinkedIn profile for the founder. ​​​

The latest figures show that U.S. inflation has surged: overall prices rose 0.4% in October compared with September, while core prices, excluding food and energy, rose 0.3%. Both were well above Wall Street’s expectations.

The war with Iran this year has driven up oil prices, tariffs have made imported goods more expensive, and the massive construction of AI data centers has pushed up electricity costs. People have had enough, so it seems Trump’s defeat was well deserved.

Since this is the last inflation report before the Fed’s December 8–9 policy meeting, it further cements the likelihood of another rate hike.

Weight-loss drugs such as semaglutide may cause vision loss. This morning, the U.S. Food and Drug Administration issued a safety alert requiring all injectable GLP-1 drugs for weight loss to include a warning in their prescribing information that, in rare cases, they may cause an eye condition called NAION.

The condition can lead to vision loss or even blindness. The action follows clinical trials and reports of adverse events after the drugs went on the market, indicating that cases have already occurred.

Finance confirmed that Alice Huang (Huang Le), the woman with whom Jensen Huang allegedly had an affair, is married to Kang Wei, former chairman of Shanghai Hexi Fund and a star analyst in the financial sector. The two were once in a superior-subordinate relationship before becoming a couple.

Kang later became involved in a criminal investigation by public security authorities over the alleged manipulation of a publicly listed company's stock.

Sources familiar with the matter revealed that Kang Wei had been placed under compulsory criminal measures by Shanghai police around the time of the 2026 Lunar New Year.

That’s rough. A guy saw yesterday how much of a stir the Jensen Huang affair story was causing, so he wrote an article about the impact Liu Qiangdong’s affair had on JD.com back in the day, hoping to prove that Nvidia would be unaffected too.

Not long after he posted it, JD.com’s legal department came knocking.

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Abstract. Looks like quite a few NVIDIA employees are also enjoying the drama

Yesterday, Jensen Huang sent an internal company-wide letter admitting to having an affair. Today, we can see 32 employees responded with 👍 reactions, and another 2 with 🎉 reactions

I imagine quite a few employees, after reading this, weren't feeling sorry for the company or its boss—they were thinking, “That guy is incredible. That's Jensen Huang for you.”

The New York Times dropped a bombshell early this morning. As far back as 2025, Nvidia had gotten involved in a U.S. Department of Commerce investigation.

At the time, Nvidia Chief Legal Officer Tim Teter emailed the Commerce Department investigator in charge of the case directly, saying that Deputy Secretary Jeff Kessler had agreed to let Nvidia contact them directly and had asked to meet.

Since Deputy Secretary Jeff Kessler was the investigator’s direct superior, officials at his level were normally supposed to stay clear of the specifics of a case and remain impartial.

The investigator forwarded the email to Kessler. A few hours later, Kessler replied, saying only to continue following standard procedures.

The Commerce Department then held a meeting and notified other law enforcement agencies. The U.S. Department of Justice subsequently asked the Commerce Department to suspend its investigation, and the department complied. The case became a criminal investigation led by the Justice Department. This also meant that the Commerce Department investigator’s months of work had effectively gone to waste.

In October 2025, Trump heard an intelligence briefing and learned that Megaspeed executive Huang Le had a close relationship with Jensen Huang, but took no action.

Then it was delayed until November 2026—one year later—when Jensen Huang finally admitted that he had been unfaithful.

Jensen Huang's affair has burst the AI bubble

Nvidia's after-hours losses in the U.S. widened to 6%

Nvidia's tokenized U.S. stock on Binance also fell in tandem

Jensen Huang's daughter, Huang Minshan, canceled her scheduled trip to South Korea, reportedly due to a sudden family matter

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Reviews of Shanghai Pujiang Huaiyan Restaurant have been flooding social media, with people asking the restaurant to add the same set meal Jensen Huang ordered.

All because Jensen Huang and his alleged affair partner, Alice Huang (Huang Le), once ate and posed for a photo at the restaurant.

Interestingly, the restaurant’s female owner is also surnamed Huang.

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That's awful. After photos allegedly showing Jensen Huang cheating went viral, Pujiang Huaiyan—the restaurant where the two were photographed dining together in Shanghai—posted on WeChat Moments: “Everyone is welcome to come take photos from the same spot.”

This Huaiyang restaurant costs 400–500 yuan per person.