Ethereum overtakes Bitcoin in year-to-date gains

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The Ethereum co-founder has 240,000 ETH in his wallets, worth about $1 billion at the current exchange rate.

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Reddit has been flooded with posts criticizing OpenAI's new model: users note that GPT-5 is slow, has a poorer understanding of requests, and is often wrong.

OpenAI has promised to bring back GPT-4o for Plus subscribers and fix the issues.

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▶️ Trump Strengthens Crypto Lobby at the Fed

Donald Trump nominated Stephen Meeran, a well-known supporter of easing crypto regulation, to the Fed Board of Governors. His mandate will last until January 2026, replacing Adriana Kugler.

Miran previously held positions at the U.S. Treasury Department, Fidelity Investments, and Hudson Bay, which invested in FTX's bankruptcy claims. He criticizes excessive restrictions in the crypto sphere and calls for simplifying the rules.

The appointment comes amid a conflict between Trump and Fed Chairman Jerome Powell.

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