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  • 07:08
    Federal Reserve meeting minutes reveal divisions over rate cuts, US Dollar Index strengthens
    According to ChainCatcher, citing a report from Golden Ten Data, the latest minutes from the Federal Reserve meeting show that officials are divided on how much further to cut interest rates. Against this backdrop, the US dollar has strengthened. The minutes indicate that while most policymakers believe it is appropriate to cut rates during the remainder of this year, a minority felt that a rate cut was not necessary at last month's meeting. Deutsche Bank analysts pointed out that the minutes "clearly reflect a cautious attitude," with participants noting that recent indicators do not show a sharp deterioration in labor market conditions.
  • 06:58
    OpenAI plans to transform ChatGPT into an application ecosystem
    Jinse Finance reported that Nick Turley, head of ChatGPT at OpenAI, recently revealed that the company is planning to transform ChatGPT from a conversational tool into a platform similar to an operating system, supporting third-party applications. Currently, ChatGPT has 800 million weekly active users. Turley stated that this transformation will make ChatGPT a hosting platform for various applications, including writing, programming, and applications that interact with goods and services.
  • 06:19
    Stablecoin infrastructure company BVNK receives investment from Citi Ventures
    ChainCatcher news, according to market sources, Citi Ventures has invested in stablecoin infrastructure startup BVNK, with the amount undisclosed. BVNK provides stablecoin payment rails, supporting two-way settlement between fiat and crypto assets. Co-founder Chris Harmse stated that the company's valuation is higher than the previously disclosed $750 million in the last round. Its US market is growing the fastest, driven by the US stablecoin regulatory bill GENIUS Act. Citi is evaluating issuing its own stablecoin and expanding crypto custody. In the past 12 months, stablecoin transaction volume reached nearly $9 trillion (Visa), with a total market cap exceeding $300 billion (CoinMarketCap). BVNK is also backed by an exchange and Tiger Global.
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