News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
Share link:In this post: Porsche will no longer produce high-performance EV batteries at its Cellforce unit. About 200 of nearly 300 Cellforce jobs will be cut as the unit focuses on research and development. European automakers are struggling to compete with Asia’s dominance in battery production.
Finance Minister Kato discussed Japan’s Web3 era financial reforms, crypto regulations, stablecoin adoption, tax measures, and public-private collaboration to strengthen global competitiveness and support innovation in the country’s evolving crypto ecosystem.
President Trump fired Federal Reserve Governor Lisa Cook over mortgage fraud allegations, marking the first presidential dismissal of a Fed governor in the central bank's 111-year history.
- 20:49Musk posts to thank TrumpJinse Finance reported that Musk stated on the X platform, "I want to thank President Trump for everything he has done for the United States and the world." Previously, Musk and Trump jointly attended the Saudi-American Investment Forum, where Musk's companies reached a series of cooperation agreements with the Saudi side.
- 20:44Data: TNSR rises over 146%, MAGIC experiences a surge followed by a pullbackAccording to ChainCatcher, spot market data from a certain exchange shows significant market volatility. TNSR has surged by 146.56% in the past 24 hours and has shown a rebound after a dip. Meanwhile, MAGIC experienced a "spike and pullback," with a 24-hour decline of 6.59%. Among other tokens, POLYX hit a new weekly low, dropping by 14.29%; XPL, GLMR, TIA, VELODROME, MINA, and CVX all reached new daily lows, with declines of 16.12%, 6.32%, 5.75%, 6.15%, 9.34%, and 7.4% respectively.
- 20:40OpenAI: Launches GPT‑5.1-CODEX-MAXJinse Finance reported that OpenAI has officially launched GPT‑5.1-CODEX-MAX, which is now available on CODEX. OpenAI has also introduced ChatGPT for teachers and will provide it free of charge until June 2027. Pricing may be adjusted after June 2027, but the goal is to keep ChatGPT for teachers affordable for educators.