MINE.exchange has collected for you the latest web3 news from the past week that you might have missed.
– The Chinese government has launched an antitrust investigation against Nvidia, causing a slight drop in the company’s stock price.
– Economist Mohammad Sadegh Alhosseini estimates Iran’s cryptocurrency assets to be worth between $30 and $50 billion, roughly one-third of the national gold market’s value.
– Stablecoin market capitalization increased by 3% over the past week, reaching $204 billion. The majority is held by USDT ($138.45 billion or 67.8%) and USDC ($40.69 billion or 19.9%).
– OpenAI introduced Sora, a tool that enables the creation of videos based on text prompts, animation of images, and enhancement of video clips.
– El Salvador and Argentina have signed a cryptocurrency cooperation agreement to share knowledge and experiences in digital asset regulation.
– Microsoft shareholders rejected a proposal to allocate 1% of the company’s assets for Bitcoin investments, despite recommendations from MicroStrategy founder Michael Saylor.
– Crypto exchange Coinbase announced plans to delist stablecoins such as USDT, PAX, PYUSD, GUSD, GYEN, and DAI in the EU tomorrow due to non-compliance with new MiCA regulations.
– In November, U.S. inflation exceeded analyst forecasts: the Consumer Price Index (CPI) rose 0.4% for the month, reaching 3.2% year-on-year.
– Over 40 U.S. organizations have urged the Senate to extend the term of SEC Commissioner Caroline Crenshaw, a representative of the Democratic Party.
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