On February 15th, according to US media reports, chip manufacturing giant TSMC may take over the chip manufacturing business of Intel Corporation in the United States. According to the report, according to people familiar with the matter, in response to the deteriorating operating conditions, Intel's board of directors began to approach TSMC at the end of last year to explore the possibility of cooperation between the two parties. The negotiations are at an early stage, and the form of cooperati...
Las Vegas businessperson Brent C. Kovar first appeared in court on February 14 on suspicion of cryptocurrency fraud, according to the U.S. Attorney's Office of Nevada. Prosecutors accused him of fraudulently claiming to use artificial intelligence to mine and verify cryptocurrency transactions through his company Profit Connect between the end of 2017 and July 2021, promising an annualized yield of 15% -30% and providing a full refund guarantee, defrauding more than 400 investors of about $24 mi...
According to the SEC meeting memo, on February 5, 2025, crypto task force staff met with representatives from Jito Labs and Multicoin Capital Management, during which two main topics were discussed: 1. The feasibility of including a pledge function in exchange-traded products (ETPs); 2. Pledging model scheme for specific cryptoasset ETPs. The inclusion of a pledge function in an ETP will benefit investors, more accurately reflect the value of native network assets, and allow issuers to...
According to Bloomberg and the Wall Street Journal on February 14, citing sources, after receiving assurances from Pam Bondi, the attorney general appointed by US President Trump, Apple and Google will TikTok back on the shelves in their own app stores. According to sources, the two technology companies have received a letter from Bondi, which assures them that the resumption of listing TikTok "does not constitute illegal" and will not face legal consequences. After the above news broke, Reuters...
On January 20th, according to CNN, citing sources familiar with the matter, on January 20th local time, the inauguration ceremony of US President-elect Trump will be held at the US Capitol. At that time, Trump will ride in the same car as current President Biden to the Capitol. Four years ago, Trump skipped Biden's inauguration, and the two did not ride together, but in January 2017, when Trump first became president of the United States, former US President Barack Obama and Trump attended the i...
On January 18th, according to the US technology media SemiAccurate, the media confirmed through multiple sources that a mysterious company intends to acquire Intel (INTC. O) as a whole. Affected by this news, Intel's share price rose by more than 9% on Friday. The latest report from investment community Seeking Alpha said that Citigroup analysts read the paid report and said in a report sent to clients, "The SemiAccurate paid report mentions Musk as a potential...
According to the US financial media Semafor, US President-elect Trump and Tesla CEO Elon Musk had dinner with Microsoft CEO at Mar-a-Lago.
The Federal District Court for the Southern District of New York issued a consent order against Gemini Trust Company LLC for providing false or misleading information in violation of the Commodity Exchange Act (CEA). Gemini was ordered to pay a $5 million civil penalty and is subject to a permanent injunction. The case involves that between July and December 2017, Gemini submitted false or undisclosed key information to the CFTC to support the self-certification of bitcoin futures contracts, inc...
According to US media reports, Nvidia CEO Huang Renxun took advantage of the well-known loopholes in the US federal estate tax and gift tax to avoid taxes, or close to 8 billion US dollars (about 58.10 billion yuan).
On November 24th, according to the latest report released by the Federal Budget Accountability Commission, an independent research organization in the United States, the total amount of US national debt has exceeded 36 trillion dollars this week, reaching a record high. From the end of July this year, the total amount of US national debt reached 35 trillion, and now it has risen to 36 trillion, just over three months.