COCO PAY presents a selection of the most important Web3 news from the past week. Don’t miss out!
– The Bitcoin-to-gold ratio, a key indicator of BTC’s purchasing power relative to gold, hit a new all-time high. Bitcoin’s value surpassed a record-breaking $106,000.
– Donald Trump voiced his support for the initiative to create a strategic Bitcoin reserve. In his opinion, this will strengthen the US’s position in the crypto industry and outpace China.
– Meta, following Elon Musk’s example, appealed to the California Attorney General to ban OpenAI from becoming a commercial company.
– Cryptocurrency exchange FTX, which previously declared bankruptcy, unveiled its reorganization plan, set to take effect on January 3, 2025. Payouts to affected clients will begin within 60 days through the Kraken and BitGo platforms.
– Nvidia announced Jetson Orin Nano Super, its most affordable supercomputer equipped with generative artificial intelligence.
– Owners of Ledger hardware wallets faced a large-scale phishing attack. Scammers are sending fake notifications on behalf of the company.
– On December 18, 2024, the US Federal Reserve lowered the interest rate by 0.25%, setting it at 4.5%. This marked the third consecutive reduction in recent months, aimed at stimulating the economy and curbing inflation.
– In 2024, North Korean hackers stole a record $1.34 billion in cryptocurrency, accounting for 61% of all thefts for the year. Compared to 2023, the stolen amount increased by 21%, while the number of incidents rose from 282 to 303.
More news coming soon. COCO PAY — always ahead of the curve!
