Flash News

TREE NEWS update: Cursor said a tampered Claude Code extension may have reached up to 5,000 users after exposed credentials were linked to an extension attack. The company is urging affected teams to check their machines and rotate any exposed credentials. Cursor did not specify how the credentials were exposed or when the attack occurred.

TREE NEWS update: 1inch has closed new resolver delegations and is directing existing delegators to claim their rewards and undelegate before a Nov. 27 deadline. The protocol said plain 1INCH staking is not affected by the change. Delegators who miss the cutoff risk leaving rewards unclaimed.

TREE NEWS reports: A report identifies Secretary of State Marco Rubio’s role in recasting a CIA warning in a memo tied to Jensen Huang’s exit, but does not resolve the espionage allegation or establish that Rubio invented it. The report links Rubio to the warning that preceded Huang’s departure, leaving the underlying allegation unresolved.

TREE NEWS reports: Alberto Conca, chief investment officer at Swiss wealth manager LFG+Zest, said European equities may continue to outperform as the market rally broadens, a call he made before Nvidia’s leadership change. Information technology accounts for over 35% of the MSCI US Investable Market Index but just 8.8% of the corresponding European index, which has broader exposure to financials, healthcare and energy. The protection is relative, investors noted, and European stocks could still be dragged down if a selloff spreads from US tech across Wall Street.

TREE NEWS update: MegaETH’s parent company has cut 20% of its workforce as part of a restructuring, co-founder Shuyao Kong said. The layoffs affected employees who helped build the project’s blockchain, wallet and ecosystem. The company is also pursuing an AI push alongside the reorganization.

TREE NEWS update: Cosmos Hub is voting on Proposal 1061, which would fix broken governance queries, and the proposal is above quorum with near-unanimous support. If passed, validators would need to run Gaia v29.1.0 at block 33,935,300. The vote is ongoing.

TREE NEWS update: Chinese Premier Li Qiang met Thai Parliament President and House Speaker Sophon Zarum on November 14 in Bangkok, with Deputy Parliament President and Senate Speaker Mongkol Surasajja also attending. Li said China is ready to deepen trade with Thailand, speed up the China-Thailand railway and encourage cooperation in new energy and electronic information, while urging the two legislatures to support major projects and provide legal safeguards.

TREE NEWS reports: CITIC Securities said optical interconnect technology upgrades and demand are still evolving, with optical modules accelerating toward higher speeds and optical networks expanding into NPO, CPO and OCS. The brokerage advised investors not to over-trade short-term policy sentiment tied to overseas geopolitical rumors and to focus instead on real global AI computing infrastructure demand. It recommended core leaders deeply benefiting from global AI buildout.

TREE NEWS reports: Bitcoin’s mean reversion index during the current selloff stands at Q18, the bottom 18% of its distribution and below the Q20 deep-value threshold, on-chain analyst Checkmate said. Daily sell volume has risen from about $420 million to more than $850 million, with over 85% coming from investors who bought near the $80,000 high. Long-term holders remain largely profitable and have mostly not sold.

TREE NEWS update: Jensen Huang resigned as Nvidia CEO on November 12 after the board opened an investigation on November 8 into his ties to a suspected Chinese spy, with CFO Colette Kress named interim CEO. Nvidia fell 2.01% to $162.85 on Friday, capping a 12.75% weekly drop, its longest weekly losing streak since 2012. The Philadelphia Semiconductor Index fell 3.43% to 10,146.32 even as it gained 8.05% for the week, while the 10-year Treasury yield closed at 5.154% after October PPI rose 6.5% year over year.

TREE NEWS reports: Bitcoin’s mean reversion index sits at Q18, the bottom 18% of its distribution, below the Q20 threshold that on-chain analyst Checkmate defines as deep value, during the current sell-off. Daily selling has doubled from about $420 million to more than $850 million, with over 85% coming from investors who bought near the $80,000 high. Long-term holders remain mostly profitable and have largely not sold.

TREE NEWS update: Ethereum developers have paused work on the Hegotá reset, a proposed change aimed at post-quantum security, dropping quick slots from the plan while leaving FOCIL and a new consensus direction unresolved. Christine D. Kim described development as “on pause.” The decision leaves the network’s approach to quantum resistance and consensus changes undecided for now.

TREE NEWS update: Deutsche Bank has gone live with crypto custody for its paying clients, offering support for bitcoin, ether and three stablecoins. The European service marks the bank’s entry into digital asset custody, with stablecoin conversion and tokenized financial instruments slated as later steps.

TREE NEWS reports: Anthropic’s planned IPO is said to bar institutions in China and Hong Kong from participating, with some investors exploring offshore bids that may still leave share allocation uncertain. The offering is expected to price on Nov. 18. It was not immediately clear how the restrictions would be enforced or which institutions are affected.

TREE NEWS update: The ‘Stand with Jensen’ petition website said on X that it is removing fake signatures and taking steps to prevent abuse of the petition page, warning users that it operates only one official X account and to beware of impersonators. The site shows 64,265 signatures supporting Jensen Huang’s return to Nvidia, including a signature from Bitmine chairman Tom Lee.

TREE NEWS update: FAA Administrator Duffy on Friday denied that the agency’s AI tool caused a nationwide ground stop, blaming overloaded legacy telecom equipment for the halt. The FAA had announced on Nov. 10 that it would expand SMART to airspace covered by 22 centers.

TREE NEWS update: OpenAI said it investigated and took preventive action after staff discussed military AI in a hoax call involving people posing as Russian government officials. The company did not detail changes to how it verifies government contacts. The incident raised questions about how AI labs screen outreach purporting to come from foreign officials.

TREE NEWS reports: Strategy’s shortfall against its Bitcoin purchase cost widened to $7.7 billion after Bitcoin fell below $67,000. The threshold does not itself trigger a margin call, the company’s position shows. The gap measures the difference between the value of Strategy’s Bitcoin holdings and what it paid for them.

TREE NEWS update: Tesla has begun offering its Cybercab to select private buyers by invitation only, with December deliveries listed in Austin. The offer requires a $299 monthly subscription, and personal ownership does not automatically permit operating a taxi business with the vehicle.