MINE.exchange has collected for you the latest web3 news from the past week that you might have missed.
– Elon Musk, head of X Corp., announced plans to modernize the algorithms of the X social network. The changes aim to promote informational and entertaining content while reducing the influence of “negative materials.”
– Ethereum co-founder Vitalik Buterin proposed temporarily limiting computational power to prevent the uncontrolled development of superintelligent artificial intelligence.
– Following Canadian Prime Minister Justin Trudeau’s announcement of his intention to step down, public attention has shifted to opposition leader Pierre Poilievre, known for his support of cryptocurrencies.
– The collapse of the Terraform Labs ecosystem, according to acting U.S. Attorney Daniel Gitner, has affected more than a million people, including both private and corporate investors who had invested in the company’s cryptocurrencies.
– Rostin Behnam, chairman of the U.S. Commodity Futures Trading Commission (CFTC), will conclude his term on January 20, 2025, coinciding with the departure of SEC Chairman Gary Gensler.
– China has launched a large-scale project to create a unified national data infrastructure, where blockchain plays a key role. The new directive aims to standardize data management and ensure transparency through smart contracts and encryption.
– Mark Zuckerberg announced changes to Meta’s policy aimed at reducing censorship and supporting freedom of speech. Instead of certified fact-checkers used since 2016, the company plans to introduce a fact-checking system based on community interaction, similar to “community notes” on X.
– The U.S. Department of Justice has received approval from a federal court to sell 69,370 BTC seized from the Silk Road darknet marketplace.
– Circle, led by Jeremy Allaire, donated $1 million in USDC stablecoins for Donald Trump’s inauguration as the new U.S. president. According to Allaire, this move demonstrates the “power of digital dollars” and their growing role in the modern economy.
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