On January 29, according to Fox Business reporter Eleanor Terrett, former SEC Chairperson Gary Gensler will return to MIT as a professor of global economics practice.
OpenAI is working on an artificial intelligence to help senior software engineers handle more complex programming tasks, according to three people familiar with the matter, a key step in the company's attempt to develop general artificial intelligence (AGI) that can outperform humans at the most economically valuable jobs. According to one person who heard O...
According to people familiar with the matter, before his official inauguration as president, Trump had a lengthy conversation with OpenAI CEO Sam Altman, discussing the potential of artificial intelligence (AI) and the need to develop the technology in the United States. During the conversation on Friday, Trump was particularly keen to promote AI construction in the United States rather than in other countries, and discussed the impact of this on employment during his administration.
According to Cointelegraph, Ethereum co-founder Joe Lubin revealed that ETF issuers are actively preparing for a staked Ethereum ETF and are confident that it will be approved under the new SEC leadership. Lubin said that issuers are working hard to develop the best solutions for their customers to deal with the complexities associated with staking and penalty mechanisms, which will help increase the robustness of the ecosystem and customer diversity. At present, about 33.70 million ETH (worth a...
On January 21, Binance CEO Richard Teng revealed at the Davos Forum that Binance users will save up to $1.75 billion in remittance fees through instant cryptocurrency remittances between 2022 and 2024, and the total amount of these remittances will reach $26 billion. In 2024, the average amount of cryptocurrency remittances between international users on the Binance platform was $470. Additionally, according to Binance data, more than 500,000 female customers engaged in more than $4 billion in d...
According to a report by Kim Ten, multiple people familiar with the matter have revealed that US President-elect Trump plans to use his executive powers to ease the regulatory burden faced by cryptocurrency companies and promote the adoption of digital assets in the first few days after taking office. Trump is expected to sign an executive order to establish a cryptocurrency advisory council after taking office, an idea he first proposed in July last year.
According to the Washington Post, people familiar with the matter have revealed that Republican Vivek Ramaswamy plans to formally announce his candidacy for governor of Ohio soon. Previously, it was reported that Vivek Ramaswamy led the U.S. Department of Effectiveness with Musk, served as Donald Trump's campaign surrogate, and has been an active supporter of cryptocurrencies.
On January 16, according to CCTV, three people familiar with the matter said that the Biden administration is considering how to keep TikTok operating in the United States. An administration official said that officials are "exploring various options" so that TikTok will not be banned this Sunday (January 19).
According to the Wall Street Journal, Trump plans to visit wildfire-ravaged Los Angeles as early as next week to review the damage and assess reconstruction needs. The exact time of the visit has not yet been determined, but Trump advisers are considering setting it for later next week, after Monday's inauguration. Trump advisers want to ensure that Trump's presence does not interfere with the...
Steve Witkoff, the new special envoy to the Middle East nominated by US President-elect Donald Trump, arrived in Israel on the 11th and will discuss the Gaza ceasefire talks with Israeli Prime Minister Benjamin Netanyahu later in the day, a senior Israeli official said. In addition, the Israeli official also said that the ongoing ceasefire talks in the Gaza Strip in the Qatari capital Doha have made progress. He did not disclose further details of the negotiations.
Advisers to US president-elect Donald Trump are considering how to reshape the Fed's leadership, including naming Governor Bowman as the Fed's next vice-chairperson for regulation, according to people familiar with the matter. The move comes after Michael Barr announced on Monday that he would step down as vice-chairperson for regulation while retaining his seat on the Fed's board of governors.
The U.S. Attorney's Office revealed that Terraform Labs co-founder Do Kwon was extradited from Montenegro to the United States to face an additional charge: conspiracy to launder money. In an indictment unsealed on Jan. 2 in the U.S. District Court for the Southern District of New York, U.S. Attorney Damian Williams charged Do Kwon with conspiring with others to launder money. Money laundering charges were not initially included in the eight-count indictment filed against Do Kwon in March 2023.
Musk revealed on social media platform X on Wednesday that he is using Lilly's Mounjaro to lose weight. On X, Musk posted a photo of him dressed as Santa Claus, standing next to a Christmas tree with the caption "Ozempic Santa". He then confirmed in multiple posts that he was indeed using an Ozempic-like drug to lose weight. He explained: "Technically I use Mounjaro, but this...
According to CNBC, several large banks are planning to sue the Federal Reserve over annual bank stress testing, according to a person familiar with the matter. The person said a lawsuit is expected this week...
According to a person familiar with the matter, the Biden administration plans to add Bitmain-linked artificial intelligence company Sophgo to the U.S. Commerce Department's restricted trade list because the company's TSMC-made chips were illegally incorporated into Huawei's artificial intelligence processors.