according to market news, David Sacks, the White House's cryptocurrency and artificial intelligence chief, known as the "Crypto Tsar," stated that China is only 3-6 months behind the United States in the field of artificial intelligence; he warned that excessive regulation in the United States in the field of artificial intelligence could harm innovation in the industry.
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David Sacks: China is only 3-6 months behind the United States in AI
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The head of Russia's Sberbank said there were "exploratory contacts" with US partners.
according to CCTV News, on June 19th local time, Gref, Chairman of the Board of Directors and CEO of Sberbank of Russia, stated that against the backdrop of easing relations between Russia and the United States, the bank is currently in talks with American partners, but it is currently only "exploratory contact". As for specific cooperation projects, "there are currently no plans". Gref also stated that the overall situation of the Russian banking industry is "good", and there are currently "no signs of any banking crisis", but he admitted that annual profits will decline. -
U.S. Treasury Secretary Bessant: The passage of the GENIUS Act will attract global users to join the dollar-based digital asset economy
US Treasury Secretary Besent posted on X platform, stating that recent reports predict that the stablecoin market size in the next decade could reach $37 trillion. With the passage of the GENIUS Act, the outlook for the stablecoin market will be even brighter. The stablecoin ecosystem will drive private sector demand for US Treasury bonds, which are the support for stablecoins. This new demand is expected to lower government borrowing costs, help control national debt, and may also attract millions of new users globally to join the dollar-based digital asset economy, creating a win-win situation for all participants. -
Trump: Fed Chairman Powell should cut interest rates by 250 basis points
President Trump of the United States: Federal Reserve Chairman Powell should cut interest rates by 250 basis points. -
Overview of important developments on the evening of June 19
12:00-21:00 Keywords: Fetch.ai, JPMorgan, LOT, Abraxas Capital -
X will be built into a "super app" that will include investment, trading and other functions
according to the Financial Times: Musk's X will be built into a "super app", which will include functions such as investment and trading; X is also exploring the introduction of credit cards or debit cards. -
X CEO: Users will soon be able to invest or trade on the X platform
according to the Financial Times, Linda Yacarino, CEO of social media platform "X", said that users will soon be able to invest or trade on the platform. -
Blockchain startup Units.Network raises $10 million
the blockchain startup Units.Network has completed a $10 million financing round led by Nimbus Capital. This funding will be used to enhance infrastructure and support the development of AI-driven products, including the AI Launchpad and AI Liquidity Manager planned to be launched later this year. In addition, the financing will also help expand validator capacity and improve cross-chain liquidity. -
Nobitex source code leaked after $100M hack by pro-Israel group
Hackers behind the $100 million Nobitex exploit have released the exchange’s full source code, escalating tensions amid the Israel-Iran conflict.
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Circle Rockets After Stablecoin Bill Clears Senate, Pushes Post-IPO Rally to Over 500%
Wednesday’s rally reflects investor confidence that Circle will be the chief beneficiary if the U.S. formally embraces stablecoins as digital cash equivalents.
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DOJ Ties Kansas Bank Collapse to $225 Million 'Pig Butchering' Seizure
Shan Hanes, the former CEO of Heartland Tri-State Bank, wired millions in embezzled funds to scammers who promised crypto riches and was arrested in 2024. Now, a DOJ complaint shows he was the single largest victim in a global "pig butchering" USDT laundering network.
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Nobitex source code leaked after $100M hack by pro-Israel group
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Circle Rockets After Stablecoin Bill Clears Senate, Pushes Post-IPO Rally to Over 500%
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Bitcoin’s shrinking supply may trigger price breakout: Sygnum
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Ethereum's Integrated Era
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IRS' Crypto Leads Are Leaving the Agency After Accepting DOGE Deals
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Paul Atkins, nominated by Trump, has been sworn in as SEC chair
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