Jinse Finance launches its daily cryptocurrency and blockchain news bulletin, "Jinse at 8 AM," issue 2893, providing you with the latest and fastest news on the digital currency and blockchain industry.

ALT5 Sigma, a crypto treasury company tied to World Liberty Financial (WLFI) — a token project linked to the Trump family — has announced the firing of two of its top executives amid growing scrutiny surrounding both the firm and its political associations.

A massive fire tore through eight residential blocks in Tai Po, Hong Kong, killing at least 94 people and injuring 76. Hong Kong’s crypto companies responded quickly, donating over HK$40 million to support rescue and relief efforts.

Following the fire at Hung Fook Court in Tai Po, New Territories, numerous organizations and practitioners in the crypto industry quickly announced donation plans, demonstrating a strong mobilization capacity and enthusiasm for public welfare.

Trump denounced his handpicked Federal Reserve Chairman Jerome Powell as a "stupid fool," claiming that his idea of ​​immediately replacing him had been repeatedly dissuaded by those around him. Trump also hinted that he had already made a decision on who would be the next Federal Reserve Chairman.

A construction-site blaze struck Bitdeer’s new Bitcoin mining facility in Massillon, Ohio on Tuesday, adding to a rough week for the publicly traded mining giant following steep quarterly losses.

Nguyen Hoa Binh, famously known as Shark Binh from Shark Tank Vietnam, was arrested by the Hanoi police for his role in the collapsed AntEx cryptocurrency project. Once hailed as a visionary investor and a household name in Vietnam’s startup ecosystem, Binh now faces intense scrutiny and legal jeopardy following mounting investor complaints.

The crash is a stark reminder that in the crypto world, the highest yields are often compensation for hedging the highest and most insidious risks.

OpenAI’s new app Sora 2 quickly sparked controversy as users created hyperrealistic fake videos of crimes, politics, and celebrities. The app faces backlash over deepfakes and copyright issues, forcing OpenAI to tighten safety measures and give rights holders more control.

The global contest to digitize money just escalated, with China and South Korea entering the stablecoin arena in the same week. Their launches signal a direct challenge to the dominance of U.S. dollar–pegged tokens and underscore how digital currencies are fast becoming geopolitical tools.