Overview of Important Developments on November 12th at Noon

7:00-12:00 Keywords: Republican Party, Tether, Nano Labs, UK

1. Institution: The US Republican Party gains control of the House of Representatives;

2. Tether minted 2 billion USDT on Ethereum early in the morning;

3. Nano Labs announced it will accept Bitcoin as payment for its goods and services;

4. Ethereum's market value surpasses Procter Gamble, rising to 32nd in global asset market value rankings;

5. Insider: The UK plans to trial blockchain-based digital government bond issuance within two years;

6. Analysis: Ethereum has been in an inflationary state since mid-April, with an additional issuance of 350,000 ETH over six months;

7. Lens launches Lens Network and opens testnet, focusing on social modular functionality.