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  • 10:36
    Trump Admits U.S. Power Grid Is Holding Back AI Development
    Jinse Finance reported that on October 6 local time, Trump mentioned at a press conference that some American artificial intelligence companies are building their own power plants. He stated: The United States is far ahead in the field of artificial intelligence, and one important support is energy, but the U.S. power grid is already outdated and in disrepair. With the rapid development of artificial intelligence technology, the demand for electricity from AI data centers is increasing day by day, leading to a power supply shortage in the United States. This has raised concerns among the Trump administration and American enterprises.
  • 10:36
    Dubai Regulator Cracks Down on 19 Unlicensed Cryptocurrency Operators
    Jinse Finance reported that on Tuesday, the Dubai Virtual Assets Regulatory Authority (VARA) announced that it had imposed financial penalties and cease-and-desist orders on 19 companies operating outside its regulatory scope. VARA stated that these sanctions are part of its ongoing efforts to protect the emirate’s rapidly growing digital asset ecosystem and to limit the risks of unlicensed crypto activities. All penalized entities have been ordered to immediately cease operations and to stop promoting any unlicensed services in or from Dubai. These entities were also fined between 100,000 and 600,000 dirhams (27,000 to 163,000 US dollars), with the specific amount depending on the severity and scope of the violations.
  • 10:36
    BNB market capitalization exceeds $178 billion, surpassing XRP to rank third in cryptocurrency market capitalization
    According to Jinse Finance, data from CoinGecko shows that BNB's market capitalization has risen to 178.35 billions USD, surpassing XRP (178.22 billions USD) to become the third largest cryptocurrency by market capitalization globally.
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