MINE.exchange has compiled the latest Web3 news from the past week that you might have missed:
– Tim Cook, CEO of Apple, revealed that he has personally owned Bitcoin for three years, though the company has no plans to enter the cryptocurrency market in the near future.
– Morocco has legalized the use of cryptocurrencies, lifting the ban imposed in 2017.
– Former Binance CEO Changpeng “CZ” Zhao urged the crypto community to focus on creating practical blockchain applications instead of meme coins.
– The Trump administration proposed transferring the regulation of certain cryptocurrencies to the jurisdiction of the Commodity Futures Trading Commission (CFTC).
– OpenAI has offered its employees the opportunity to sell shares worth $1.5 billion as part of a tender offer from Japan’s SoftBank.
– Elon Musk set a new record for net worth, reaching $348 billion thanks to a surge in Tesla shares and a successful funding round for his xAI startup.
– Chinese company Alibaba has introduced a new AI model called QwQ-32B-Preview, designed for tasks requiring analytical reasoning.
– Meme coin Dogecoin has reached a market capitalization of $59.5 billion, surpassing automaker Porsche, whose market cap is $56.8 billion.
– Starting December 1, 2024, Coinbase will cease USDC rewards payouts in EU countries.
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