📰 News Events
1.Deutsche Bank Launches Bitcoin Custody
Deutsche Bank opens Bitcoin custody services for paid institutional clients in the EU, directly holding BTC, ETH, USDC, EURC, and EURAU with keys stored in hardware security modules. Customers access via Autobahn gateway from Frankfurt, initially supporting custody and transfers with more features planned. 
2.Jensen Huang Resigns as Nvidia CEO
Nvidia CEO Jensen Huang resigned after violating company conduct rules due to an extramarital affair with a vice president. The board rarely considered succession without Huang; the company was built around him with no chairman or public successor plan. Bloomberg columnist Beth Kowitt called this a major leadership failure.
3.Fed Officials Signal More Rate Hikes
San Francisco Fed President Mary Daly stated services inflation excluding housing is not moving in the right direction. Chicago Fed President Goolsbee warned that even if oil prices drop, refining capacity issues will keep diesel and jet fuel prices high, noting inflation is spreading beyond energy costs.
4.SEC Plans Reduced Pay Disclosures
The Securities and Exchange Commission plans to overhaul executive compensation disclosures by reducing the information publicly traded companies must provide investors, according to Bloomberg reports. This reform aims to streamline regulatory requirements for corporate transparency.
5.Microsoft Outage Affects 20+ Products
Microsoft reported progress in restoring flagship software access after a global outage affecting government agencies, traders, and businesses. Service availability is improving with email queues near normal levels, but over 20 products still show errors. Core processes on some servers stopped responding due to overload.
6.SpaceX Cuts Grok Video Team
SpaceX cut most of its Grok Imagine team responsible for AI video and image generation, with about 60 people losing jobs in the past week. Despite layoffs, SpaceX's AI business generated $7.6 billion revenue last quarter, up 830% year-over-year,
1.Deutsche Bank Launches Bitcoin Custody
Deutsche Bank opens Bitcoin custody services for paid institutional clients in the EU, directly holding BTC, ETH, USDC, EURC, and EURAU with keys stored in hardware security modules. Customers access via Autobahn gateway from Frankfurt, initially supporting custody and transfers with more features planned. 
2.Jensen Huang Resigns as Nvidia CEO
Nvidia CEO Jensen Huang resigned after violating company conduct rules due to an extramarital affair with a vice president. The board rarely considered succession without Huang; the company was built around him with no chairman or public successor plan. Bloomberg columnist Beth Kowitt called this a major leadership failure.
3.Fed Officials Signal More Rate Hikes
San Francisco Fed President Mary Daly stated services inflation excluding housing is not moving in the right direction. Chicago Fed President Goolsbee warned that even if oil prices drop, refining capacity issues will keep diesel and jet fuel prices high, noting inflation is spreading beyond energy costs.
4.SEC Plans Reduced Pay Disclosures
The Securities and Exchange Commission plans to overhaul executive compensation disclosures by reducing the information publicly traded companies must provide investors, according to Bloomberg reports. This reform aims to streamline regulatory requirements for corporate transparency.
5.Microsoft Outage Affects 20+ Products
Microsoft reported progress in restoring flagship software access after a global outage affecting government agencies, traders, and businesses. Service availability is improving with email queues near normal levels, but over 20 products still show errors. Core processes on some servers stopped responding due to overload.
6.SpaceX Cuts Grok Video Team
SpaceX cut most of its Grok Imagine team responsible for AI video and image generation, with about 60 people losing jobs in the past week. Despite layoffs, SpaceX's AI business generated $7.6 billion revenue last quarter, up 830% year-over-year,