#ftx ✅ The second consecutive green week for Bitcoin; during this time, BTC has grown by 21% 💸
Meanwhile, the S&P 500 has gone into correction: minus 2.36% over the past 5 trading days.
Weekly digest:
💰 Crypto exchanges
✔️ 13,000 Mt Gox customers have already received compensation in BTC and BCH
✔️ Scam exchange FTX will pay $12.7 billion to affected customers
✔️ Binance has received approval to invest client funds in US government debt
💸 Financial news
✔️ In Q2 2024, China's GDP grew by only 4.7%
✔️ Jerome Powell stated that the Fed will not wait for inflation to drop to 2% to start easing monetary policy
🔐 Regulation
✔️ The CEO of Circle stated that stablecoins should hold 30-60% of their reserves in European banks to comply with MiCA rules 💸
✔️ The SEC approved the Grayscale Ethereum Mini ETF
✔️ The US court closed the case against Donald Trump regarding the illegal storage of classified documents
🤖 Technology
✔️ A massive Windows OS failure led to problems for airlines and banks worldwide
✔️ OpenAI released the new AI model GPT-4o mini, which will replace GPT-3.5 Turbo
🚓 Hacks
✔️ Hamster Kombat users are being massively targeted by phishing attacks
✔️ The Li.Fi protocol was hacked for $8 million
