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Money & Crypto News

Multicoin Capital leads $3.5 million seed raise for Crunch Lab

Crunch Lab raised $3.5 million in seed funding led by Multicoin Capital. The startup is the core contributor behind CrunchDAO, a platform for AI researchers who can participate in distributed machine learning competitions.

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Orderly Network Partners with Zotto to Enhance DeFi Trading

Orderly and Zotto are collaborating to use AI-driven agents for automated trading, simplifying perpetual contracts and enabling cross-chain transactions in DeFi.

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Binance Labs announces investment in MyShell

On August 15, according to official news, Binance Labs, the venture capital and incubation department of Binance, announced its investment in the decentralized AI ecosystem MyShell. MyShell is a decentralized AI ecosystem that allows everyone to build, share and own AI applications. MyShell has four pillars: open source model layer, AI creation platform, AI application store and value incentive network. MyShell is building a composable and multimodal AI open creation platform with a large number of real use cases and widespread adoption.

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Chainlink: Data Streams and VRF are now available on Base

According to The Block, Chainlink said Data Streams and VRF are now available on the Base network. With the integration, the entire Chainlink product suite is now available to Base developers.

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Fed's Musallem: Monetary policy is in a moderately tight state

Financial report, Fed's Musallem: Monetary policy is in a moderately tight state. The time for a change in policy interest rates may be coming soon.

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FxPro: The Fed's upcoming monetary easing may encourage bulls to overcome BTC's short-term downward trend

According to financial reports, FxPro senior market analyst Alex Kuptsikevich said in a report on Thursday that the Fed's upcoming monetary easing may encourage BTC bulls to overcome the short-term downward trend, which may help push Bitcoin to $66,000. However, the report also pointed out that the new selling momentum is still the mainstream and may fall back to $55,000.

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US SEC approves first leveraged long MicroStrategy ETF

Financial report: According to Bitcoin Magazine, the US Securities and Exchange Commission (SEC) approved the first leveraged long MicroStrategy ETF.

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Arthur Hayes Withdraws 11.4 Million ATH from OKX, Worth About $800,000

According to financial reports, according to Arkham monitoring, Arthur Hayes address 0xA8...506F withdrew 11.4 million ATH from OKX at 17:36 today, worth about $800,000. This is the first time that the address has held Aethir (ATH) tokens. According to previous news, Aethir was launched on Upbit and Bithumb, the first and second largest exchanges in South Korea, yesterday.

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Harris' lead on Polymarket continues to expand, and the probability of winning has risen to 54%

On August 15, according to the relevant page information, Polymarket predicted that Kamala Harris's probability of winning the 2024 US presidential election has risen to 54%, and Trump's probability of winning the 2024 US presidential election has dropped to 45%.

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Money & Crypto News

RGB++ browser is officially launched to help the development of Bitcoin ecosystem

On August 15, according to official news, the RGB++ browser has been officially launched (explorer. rgbpp. io), bringing a new exploration tool to the Bitcoin and CKB ecosystem. The browser has the functions of real-time tracking of RGB++ transactions, viewing asset information, and searching for on-chain information. It will enhance the transparency and user experience of the RGB++ ecosystem, while supporting the development of innovative fields such as BTCFi.

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Two addresses just withdrew 771 WBTC from Binance, one of which belongs to Amber

On August 15, according to The Data Nerd, 10 minutes ago, 2 wallets withdrew a total of 771 WBTC (about 44.79 million US dollars) from Binance.
According to analysis, one of the addresses belongs to Amber, which withdrew 100 WBTC 10 minutes ago. The other address has withdrawn a total of 1,606 WBTC (about 94.62 million US dollars) in the past 3 days.

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The US government transferred 15,940 bitcoins to Coinbase Prime in three times this year, and the first two times caused Bitcoin to fall by about 5%

Financial reports, according to Lookonchain monitoring statistics, the US government has transferred a total of 15,940 bitcoins to Coinbase Prime in three times this year, with a value of approximately US$966.4 million. According to statistics, within three days after the first two transfers, the price of BTC fell by about 5%.

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Shandong police arrested 9 suspects who used virtual currency to launder money

On August 15, according to the Qingdao Evening News, Qingdao police handled a case of using virtual currency USDT to assist in information network crimes and will soon review and prosecute it. 9 suspects of related crimes were arrested, and the funds involved exceeded 8 million yuan. At present, 9 people have been taken criminal compulsory measures according to law and will be reviewed and prosecuted soon. The public security organs remind citizens not to lend their identity documents, bank cards, and public accounts to others for use.

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BitMEX has launched Aethir (ATH) U-based perpetual contract

On August 15, according to official news, BitMEX has launched Aethir (ATH) U-based perpetual contract, with a maximum leverage of 10 times.

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Trump's running mate Vance said he will debate with Harris's running mate Waltz on CBS on October 1

Golden Finance reported that Trump's running mate Vance said he would debate with Harris's running mate Waltz on CBS on October 1.

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Arthur Hayes and Oyl launch whitelist for Bitcoin Ordinal NFT collection 'AirHeads'

Arthur Hayes has launched a whitelist for Bitcoin Ordinals NFT collection “Airheads.”The collection is a cooperation between Hayes and Oyl Wallet.

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Data: Aave's weekly lending active users hit a record high last week

According to Dune analytics data, the number of active lending users on Aave hit a record high of about 40,000 last week.

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Dogs announces DOGS token economics: total supply of 550 billion, 81.5% of supply belongs to the community

On August 15, Dogs announced the DOGS token economics, with a total supply of 550,000,000,000 DOGS, of which:
· 81.5% belongs to the community (no lockup): 73% belongs to Telegram OGs, who earn DOGS in the app; The rest is used to reward traders, creators, and future community members;
· 10% is allocated to the team and future development;
· 5% is reserved for CEX and DEX liquidity and listing-related activities.

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Money & Crypto News

Grayscale transfers about 6,349 ETH to Coinbase Prime address

According to financial reports, according to Arkham monitoring, Grayscale transferred about 6,349 ETH to Coinbase Prime address 5 minutes ago, worth about 16.8 million US dollars.

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Futures traders raised the probability of the Federal Reserve cutting interest rates by 25 basis points in September to 74.5% from 65% on Wednesday night

Financial reports, futures traders raised the probability of the Federal Reserve cutting interest rates by 25 basis points in September to 74.5% from 65% on Wednesday night.

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Money & Crypto News

Vitalik donated all the animal coins received in the past year

According to financial reports, Ethereum co-founder Vitalik Buterin tweeted that the charitable donations have been completed, covering all the animal coins in the past year or so. That being said, I would prefer the coins to be allocated directly to charities. It is now 2024, and we can start more complex public product funding. The picture shows that Vitalik donated 200 ETH, equivalent to about US$530,000.

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Money & Crypto News

Senator Schumer promises to pass crypto legislation by the end of the year

According to financial reports, U.S. Senate Majority Leader and New York Democratic Senator Chuck Schumer spoke at the Crypto4Harris conference on Wednesday, promising to pass crypto legislation by the end of the year. In a live broadcast of the conference, Schumer said that if no action is taken, "there is a risk that cryptocurrencies will flow overseas and into countries with minimum standards that do not have any regulation."
The theme of the event was to achieve a "restart" dialogue with Vice President Kamala Harris and the future Harris administration - and emphasized that the crypto space does not belong to any one party.

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Money & Crypto News

Telegram adds paid emoji responses to posts, channel owners can get all Telegram Stars

On August 15, according to official news, Telegram added paid emoji responses to posts. Users can now respond to posts with star emojis to send Telegram Stars to their favorite channels and content creators.
Channel owners can get 100% of Telegram Stars and can convert them into Toncoin cryptocurrency rewards or subsidies.

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Sini Capital withdraws 2,900 ETH from Renzo and deposits all of it into Binance

On August 15, according to Scopescan monitoring, an address marked as Sini Capital withdrew 2,900 ETH (worth approximately $7.8 million) from Renzo and deposited all of it into Binance.

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AI public chain Qubic wallet is now available on Google Play Store

On August 15, according to official news, AI public chain Qubic announced that Qubic Wallet is now available on Google Play Store. Android users can now download Qubic wallet on Google Play Store.
In addition, Qubic wallet is also available on Apple App Store.

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If Bitcoin falls below $57,000, the cumulative long order liquidation strength of mainstream CEX will reach 607 million

On August 15, according to Coinglass data, if Bitcoin falls below $57,000, the cumulative long order liquidation strength of mainstream CEX will reach 607 million. Conversely, if Bitcoin breaks through $59,000, the cumulative short order liquidation strength of mainstream CEX will reach 217 million.
The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of the contracts to be liquidated. The columns on the liquidation chart actually show the importance of each liquidation cluster relative to the adjacent liquidation cluster, that is, the strength.

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Spot Ethereum ETF has seen capital inflows for the third consecutive day

According to financial reports, the spot Ethereum ETF has seen capital inflows for the third consecutive day, setting a record for the longest capital inflow cycle since its launch.

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PointsFi Marketplace Pichi Finance Announces PCH Token Economics, Community Airdrop Accounts for 5%

On August 15, according to official news, PointsFi Marketplace Pichi Finance announced token economics, with a total of 1 billion PCH and an initial circulation supply of 125.5 million. The specific distribution is:
Community airdrop accounts for 5%, investors account for 20%, incentives account for 34%, team accounts for 18%, ecosystem accounts for 15%, partners account for 7%, and public sales account for 1%.

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Fed's Bostic: The Fed cannot delay easing policy

On August 15, Fed's Bostic said that the Fed cannot delay easing policy.

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Circle CEO: The Harris campaign is actively engaging with the encryption industry to deepen its understanding of the industry

Jeremy Allaire, CEO of Circle, was optimistic about rumors that Kamala Harris was turning to a more favorable position on cryptocurrencies. Allaire said that Harris's presidential campaign is actively working with the encryption industry to "work together" to deepen their understanding of encryption-related policies and prepare for the 2024 U.S. election. In the interview, Allaire also shared his views on the virtual round table meeting with White House officials, Harris campaign representatives, U.S. lawmakers and industry leaders on August 8. Allaire said that the event highlighted the bipartisan nature of the issue and its importance to voters. Allaire added that the industry is seeking Harris's economic policy intention and her clear position on cryptocurrencies.

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