US President Donald Trump questioned Federal Reserve Chairperson Jerome Powell's interest rate decision on Thursday local time and said he planned to speak with the Fed chairperson "in due course". "I think I know more about interest rates than they do, and I think I certainly know more about interest rates than the people who are primarily responsible for making interest rate decisions," Trump told reporters in the Oval Office, apparently referring to Powell. "If I don't agree, I will...
According to the latest data released by mobile application analysis agency SensorTower on Wednesday local time, the amount spent by global mobile phone users for AI chatbots and AI art generation tools reached 1.27 billion US dollars in 2024, of which chatbot apps accounted for 1.07 billion US dollars. Among chatbot platforms, ChatGPT accounted for 23% of AIGC app downloads and 40% of AI app consumption. The second and third largest downloads were Google Gemini and ByteDance bean bags respectiv...
BlackRock CEO Fink said that bitcoin can overcome concerns about the instability of the local currency. The possibility of continued high inflation remains.
Fox News host Sean Hannity will interview President Trump in the Oval Office on Wednesday for the first time since taking office, according to Axios. The interview will be pre-recorded and will air on the show starting at 9 p.m. ET on Wednesday (10 a.m. Beijing time on Thursday). Fox News confirmed to Axios that Trump is expected to discuss his second term as president, recent executive orders and expectations for his first 100 days in office. (Jin Ten)
According to the AXIOS website, Fox News host Sean Hannity will interview President Trump in the Oval Office on Wednesday local time. This is Trump's first interview since taking office. The interview will be pre-recorded and will air on "Hannity" starting at 9 p.m. ET on Wednesday (10 a.m. Beijing time on Thursday). Fox News confirmed that Trump is expected to discuss his second term as president, recent executive orders and what to expect in his first 100 days in office.
On January 21 local time, the US Senate Finance Committee voted 16 to 11 to approve the nomination of Scott Bessent to serve as Secretary of the Treasury in the Trump administration, and submitted the nomination to the Senate for a final confirmation vote. If approved, Bessent will become one of the important spokespeople of the new US administration on economic policy, with huge influence on fiscal policy, financial regulation, international sanctions and overseas investment.
On the 20th local time, outgoing US President Biden confirmed to reporters that he left a letter to the incoming US President-elect Trump, but did not disclose the specific content of the letter. "This is between me and Trump," Biden told reporters outside the White House. When Trump left office in 2021, he left a letter to his successor Biden, which Biden later described as "very generous".
The cybercrime investigation unit of the local police department in Busan, South Korea, has filed a non-detention indictment against a gang accused of laundering about 1.10 trillion won (about $756.80 million) through a fake cryptocurrency trading platform used by illegal gambling websites, the Korea Daily reported. The gang allegedly made about 10 billion won (about $6.88 million). From January 2022 to September 2023, they operated five offices in South Korea, developed fake trading websites an...
On the 19th local time, the Western District Court of Seoul, South Korea, approved the detention order for Yin Xiyue. Yin Xiyue was officially arrested. (CCTV News)
In the early hours of today (January 18) local time, huge explosions rang out in Kiev, the capital of Ukraine. Ukrainian media reported that "more missiles are flying towards Kiev". Klitschko, the mayor of Kiev, said that the air defense system of Kiev city was working.
U.S. District Judge Gregory Van Tatenhove sentenced Anurag Pramod Murarka, a 30-year-old Indian national, to 121 months in prison for conspiracy to launder money, according to a Department of Justice announcement. Murarka is a 30-year-old international virtual currency provider operating under two nicknames ("elonmuskwhm" and "la2nyc")...
According to Kaiko, although South Korean traders have traditionally preferred counterfeit products (which account for about 80% of the market share in the local platform), bitcoin has attracted a lot of safe-haven inflows during the recent political turmoil. On Upbit and Bithumb, the cumulative volume increment (CVD) of the BTC won trading pair has shown a significant increase.
According to local news agencies, South Korea has officially started discussions to develop the second part of the crypto regulatory framework and plans to draft legislation in the second half of this year. According to South Korean news outlet Edaily, the South Korean Financial Services Commission held a meeting on Wednesday to outline the main tasks that the upcoming bill will involve. Kim So-young, vice chairperson of the Financial Services Commission, mentioned at the meeting that the world'...
On January 14 local time, US President-elect Trump asked the federal appeals court to reconsider his case against writer Carroll, seeking to overturn the jury's previous verdict. Previously, the jury found that Trump was guilty of defaming writer Carroll after sexually assaulting her in the mid-1990s, and ordered Trump to pay Carroll $5 million in damages. Trump's lawyers have asked the Second Circuit Court of Appeals to hear the full judge...
President-elect Donald Trump will deliver an online speech at the World Economic Forum in Davos on Thursday afternoon.