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Federal Reserve Governor Paul Waller said he did not expect the dollar to lose its reserve currency status.
According to Jin Ten, the governor of the Czech Central Bank said that bitcoin as an asset is being considered for inclusion in foreign exchange reserves; currently it has zero correlation with bonds and is an interesting asset for large portfolios. It is currently only in the analysis and discussion stage; the committee will make decisions, there are no upcoming decisions, and in-depth analysis is required.
Musk said in a statement that OpenAI was originally an open-source, non-profit company, but now it has become a closed-source, profit-maximizing company.
The South Korean government has declared a national mourning period for the plane crash until January 4.
Decentralized AI Cloud as a Service Heurist launches the no-service AI Agents framework. The framework allows developers to deploy AI models in a few lines of code and provide GPU computing services on an on-demand, pay-as-you-go basis. Previously, Heurist completed 2 million US dollar financing, and Amber Group and others participated in the investment.
The Spanish securities regulator CNMV has approved the country's first tokenization license, opening the door to the tokenization of real-world assets (RWA). Ursus-3 Capital, in partnership with Onyze, is the first consortium able to offer services to Spanish companies looking to enter the space. "We firmly believe that RWA tokenization opens up endless possibilities for entrepreneurs and it is important to ensure the legal safety of investors," says Juan Jurado, managing director of Ursus-3 Cap...
Donald Trump has appointed Scott Bessant as US Treasury secretary. "Scott is widely respected as one of the world's leading international investors and geopolitical and economic strategists," Mr. Trump said in a statement on his Truth Social platform. "Scott's story is the American dream."
Rumors that bitcoin will be used as part of a strategic reserve, and the growing adoption of bitcoin by businesses, the rise of bitcoin as a possible reserve asset, has experts wondering how a bank run on bitcoin will play out. Justin Bons, a cryptocurrency analyst and CIO of Cybercapital, a European cryptocurrency fund, said bitcoin is vulnerable to a bank run given the technical limitations of the first blockchain.
Decentralized AI Cloud as a Service Heurist announced the completion of a $2 million financing round. Amber Group, Contango Digital, Manifold Trading, Selini Capital, X Ventures, Sharding Capital, Blue7 Capital, Mozaik Capital, Zephyrus Capital, Origin Capital, Steroids Capital, DCF God and others participated in the investment. The new funds are intended to support it to solve the problem of centralized cloud limitations, expand serverless AI and build community-owned infrastructure.
Georgia Secretary of State Brad Raffenspeg said on November 5 local time that a total of 12 polling stations in the state had extended voting hours due to bomb threats, and another three polling stations had extended voting hours for "normal reasons".
OPEC + has agreed to delay by a month its planned oil production increase for December, three sources told Reuters on Sunday, as weak demand and rising supplies outside the cartel put downward pressure on the oil market. The OPEC + group of OPEC, Russia and other producers had planned to increase output by 180,000 barrels a day in December. The group had already postponed plans to increase output from October because of falling prices. Last week, sources said weak demand and economic data had ra...
Ras Al Khaimah (RAK) in the United Arab Emirates has announced the launch of the DAO regulatory framework, the DAO Association System (DARe), which will be implemented within the RAK Digital Assets Oasis Free Trade Zone. The framework offers two models: one for emerging projects with fewer than 100 members, and the other for mature DAOs with capital size exceeding $1 million.
CZ posted on the X platform that it will participate in Binance Blockchain Week in Dubai on October 30-31 as an individual, which is reported to be one of the largest Web3 events of the year.
The overall revenue of listed crypto miners suffered a decline for the third consecutive month in September, while the difficulty of the network increased, making the situation even more difficult. According to the JPMorgan report, the hash rate of the Bitcoin network increased monthly in the second quarter, reaching 643EH per second in September, up 2% from August. Meanwhile, miners' revenue per EH/s fell 6% month-on-month to an average of $42,100.
According to the Wall Street Journal, U.S. officials say the United States no longer expects Israel and Hamas to reach a ceasefire agreement before the end of Biden's term.
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