MINE.exchange has prepared a digest of the most relevant and high-profile news of the week for you.
– Former Binance CEO Changpeng Zhao was released after four months of imprisonment. In his first statement, he thanked the community for their support and noted that food tastes much better on the outside.
– Former Chinese Deputy Finance Minister Zhu Guangyao suggested reviewing cryptocurrency regulations, highlighting their importance for the development of the digital economy.
– In 2024, cryptocurrency hack losses reached a record $2.1 billion, a 72% increase over the previous year.
– FTX announced that it will reimburse 100% of assets to preferred shareholders that were under its control at the time of bankruptcy.
– Federal Reserve Chairman Jerome Powell announced plans to further lower the key interest rate to stimulate economic growth and employment.
– Pavel Durov reported that in 2024, Telegram provided user data in response to several legal requests.
The SEC has filed an appeal against the district court’s decision that Ripple Labs must pay a $125 million fine for selling XRP tokens to institutional clients.
– Startup OpenAI raised $6.6 billion in funding, bringing its valuation to $157 billion. Key investors include Thrive Capital, which invested $1.3 billion, as well as Microsoft, SoftBank, Tiger Global, and other major players.
– JPMorgan analysts predict increased demand for gold and bitcoin amid global instability and the upcoming U.S. presidential election.
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