Nvidia Drops on Hyperliquid as Jensen Huang Faces Investigation

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Nvidia’s board of directors opened an independent investigation on November 8 into founder and chief executive Jensen Huang following allegations that a foreign intelligence operation sought to gather information about him. Huang admitted being unfaithful to his wife, promised full cooperation and remains in his position, while the independent committee oversees the investigation with help from an outside law firm. With the stock not trading on Sunday, Hyperliquid’s NVDA perpetual contract fell 3.8% over 24 hours, reaching $178.10 before recovering to $180.50. Bitcoin dropped to $73,761 and more than $1 billion in leveraged positions were liquidated amid tensions over negotiations with Iran and ahead of Nvidia’s quarterly results on November 17.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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