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The Federal Reserve’s September interest rate meeting is drawing attention due to personnel changes, shifting the focus from economic data to an assessment of institutional resilience. The market anticipates two possible rate cut paths: a 25 basis point cut would boost global assets, while a 50 basis point cut might trigger panic. The outcome of the meeting will impact the Federal Reserve’s credibility and the crypto market. Summary generated by Mars AI This summary was generated by the Mars AI model and its accuracy and completeness are still being iteratively improved.
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- 04:29OpenAI Hires Former xAI CFO, Intensifying Competition Between Altman and MuskJinse Finance reported, citing CNBC, that OpenAI has hired Mike Liberatore, the former finance chief of Elon Musk’s xAI, as the commercial finance officer of the artificial intelligence startup, responsible for overseeing its large-scale infrastructure spending. A company spokesperson stated that Liberatore left xAI in July this year after serving only three months and officially joined OpenAI this Tuesday. He will report to Chief Financial Officer Sarah Friar and collaborate with Greg Brockman’s team, which manages the contracts and capital operations behind OpenAI’s compute strategy. This personnel appointment marks the latest escalation in the rivalry between OpenAI CEO Sam Altman and Musk. The two co-founded the nonprofit research lab OpenAI in 2015, but as the company transformed into a fast-growing commercial entity primarily backed by Microsoft, they have publicly split and become fierce competitors in recent years.
- 04:29BTC falls below $115,000Jinse Finance reported that according to market data, BTC has fallen below $115,000, currently quoted at $114,983.6, with a 24-hour decline of 0.46%. The market is experiencing significant volatility, please take appropriate risk control measures.
- 04:101confirmation founder comments on "Base considering token issuance": If managed properly, BASE could become one of the top five cryptocurrencies by market capitalization.Jinse Finance reported that Nick Tomaino, founder of crypto venture capital firm 1confirmation, commented on the news that "Base is considering issuing a token," saying, "If done correctly, BASE will immediately become one of the top five cryptocurrencies by market capitalization. No VCs, no insider trading, a transparent airdrop to developers and users based on usage. This is the most successful tokenless chain in history, and the airdrop will serve as rocket fuel."