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More →CFTC Chair: Will advance crypto regulatory framework without congressional legislative support
CoinWorld news, U.S. Commodity Futures Trading Commission (CFTC) Chairman Michael Selig said the agency will follow the instructions of U.S. President Trump and advance a cryptocurrency regulatory framework without the support of new congressional legislation. The CFTC has issued an advance notice of proposed rulemaking for companies offering margin, leverage, or financing transactions in crypto assets to retail customers, and plans to establish a new designated contract market category called the "Crypto Asset Market" (CAM).
Amazon hires former Microsoft Copilot CTO to drive AI business
According to Bijie News, Amazon has hired former Microsoft Copilot CTO Pedram Rezaei as a distinguished engineer at AWS, joining its intelligent agents and emerging technologies team. Rezaei worked at Microsoft for twenty years, most recently responsible for training foundation models. His joining marks Amazon's further push in the AI agent field, especially on its products Quick and Kiro. Quick is AWS's AI assistant and productivity app, while Kiro is an AI-driven coding tool. Rezaei's arrival also reflects Amazon's determination in AI investment, as it tries to turn these investments into widely used products.
纳指涨1.00%，现报27463.582点
Coin World News: The Nasdaq rose 1.00%, now at 27,463.582 points; the Dow rose 0.19%, now at 51,273.469 points; the S&P 500 rose 0.67%, now at 7,774.270 points. The semiconductor index turned higher.
On Monday, the Federal Reserve's overnight reverse repurchase agreement usage stood at $1.004 billion, compared with $1.501 billion reported in the previous trading day.
According to Bijie News, on Monday, the usage of the Federal Reserve's overnight reverse repurchase agreement facility was $1.004 billion, compared with $1.501 billion reported on the previous trading day.
Token issuance platform Umia raises $6.11 million at a valuation of $18 million.
According to Bijiie News, token issuance and governance platform Umia raised $6.11 million through a seven-day auction of the Umia token, at a fully diluted valuation of $18 million, selling 17.3 million tokens, or 34.6% of the total supply. Participants in this funding round included 10 funds such as Galaxy Ventures, DCG, Draper Associates, and Maven 11, as well as nearly 700 individual bidders. About 45% of the funds came from institutions, and institutions did not receive board seats. Umia helps projects issue tokens through a unified legal structure, on-chain auctions, and decision-market governance. Its first external project, Slop.cash, is expected to launch in the fourth quarter.
Russian Foreign Ministry spokesperson Zakharova said in a commentary published on the Russian Foreign Ministry website on the 5th that
According to a message from Bijie.com, Russian Foreign Ministry spokesperson Zakharova said in a commentary published on the Russian Foreign Ministry website on the 5th that Russia will take reciprocal countermeasures against Tokyo's unfriendly moves, targeting first and foremost areas of important interest to Japan. According to the website of Nikkei, the Japanese government decided at a cabinet meeting on the 2nd to impose additional sanctions on Russia. Regarding the 35 vessels in the so-called "shadow fleet" that Russia allegedly uses to secretly transport crude oil to evade Western sanctions, the Japanese government will in principle prohibit the provision of services such as operation, maintenance, insurance, and financing to them. Zakharova stated that the Japanese side has shown disregard for international law and bilateral agreements, and that the actions of the Japanese government have further worsened Russia-Japan relations. She said that the diplomatic approach pursued by Tokyo lacks independence and is "not determined by its own national interests," but rather blindly aligns itself with so-called "like-minded partners." (Xinhua News Agency)
More than 60 US stocks will be tokenized, enabling 24/7 on-chain trading.
More than 60 U.S. stocks, including Nvidia and Tesla, will be tokenized and traded 24/7 through blockchain-based liquidity pools, with transactions settled in stablecoins rather than using traditional order books.
TeraWulf doubles Muskie data campus contracted power to 1 GW, plans expansion to 2 GW.
According to CoinWorld news, Nasdaq-listed company TeraWulf announced that the contracted power capacity of its Muskie data campus in eastern Kentucky, USA, has doubled to 1 gigawatt, with the campus targeting AI and high-performance computing workloads. Construction will be carried out in two phases: the first phase of 500 megawatts is targeted to come online in the second half of 2028, and the second phase of 500 megawatts is targeted for the second half of 2030. TeraWulf plans to expand the campus to 2 gigawatts in the future.
Puell Multiple breaks above 1.00, signaling the end of the accumulation phase
Crypto news: The Puell Multiple indicator has reached an 11-month high and broken above 1.00. Analysts say the accumulation phase is over and a reversal is underway, with an initial target of 2.00.
The Federal Reserve's reverse repo operation accepted 6 counterparties for $1.004 billion.
According to BiJie News, the Federal Reserve accepted a total of $1.004 billion from 6 counterparties in its fixed-rate reverse repurchase operation.