💰 Bitcoin mining difficulty may decrease by about 3.5% at the next adjustment on November 13. It currently stands at 148.36 trillion, while the average block mining time exceeds the target of 10 minutes.

🌋 The U.S. Treasury said that at least $16 billion in illicit transactions passed through the MEXC exchange. U.S. financial institutions have been prohibited from processing transfers involving the platform.

🤑 Thailand is preparing to block crypto exchange Bitget over alleged unlicensed operations. Access to the platform is scheduled to be restricted on December 5.

💻 Mining company IREN is almost entirely shifting to AI infrastructure. Quarterly mining revenue fell 58% to $28 million, while revenue from cloud AI services rose 182% to $200 million.

💳 Gnosis Pay reported a breach of its crypto card servicing system. The attackers gained access to customers’ personal data, but according to the company, users’ funds were unaffected.

💰 Chinese authorities blocked a Solana event in Shanghai for violating restrictions on cryptocurrency advertising. An investigation into the organizers is planned.

💰 A former FBI agent admitted to stealing $2.47 million in cryptocurrency by using access to investigation materials. He spent some of the money paying off debts and used ChatGPT to choose a country to flee to.

🤖 OpenAI raised $11 billion in investment at a company valuation of $1.25 trillion. The company initially sought a $1.5 trillion valuation, but investors have become more cautious about the AI industry.

🤖 Companies’ spending on AI has begun to slow. According to a Ramp study, token spending rose just 1.5% in August and September, compared with a 42% increase in July alone.

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Wishing everyone a great weekend, a good mood, and plenty of positive vibes!

#crypto #MEXC #Bitget