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⚡️ The entire Zcash team at Electric Coin Company resigned on Jan. 7 following a board dispute and is considering forming a new company, leaving Zcash’s roadmap uncertain
CNBC reports that Venezuelan oil sales to the US will continue indefinitely, with sanctions being eased. This follows comments from Donald Trump, who said Venezuela sent 30 to 50 million barrels of crude to the US within the last 12 hours.
The shipments are expected to be sold at market prices, implying more than $2B in value. At the same time, restrictions on Venezuelan exports are being gradually reduced.
The next step discussed by the market is increased involvement from large US oil companies, which could unlock higher production over time. Venezuela’s output is still far below historical levels due to years of underinvestment.
If this path continues, Venezuelan crude flows shift structurally toward the US, reshaping global energy trade.
The US effectively gains direct influence over an OPEC producer.
Elon Musk's xAI has secured $20 billion in its Series E funding round, surpassing the expected $15 billion. Nvidia is designated as a strategic investor to facilitate the development of the world's largest GPU clusters.