Money & Crypto News

14 августа 2024 15:32

Industry insiders: Thailand's crypto policy may not be greatly affected by the dismissal of Prime Minister Setia

According to financial reports, the Constitutional Court of Thailand ruled on the 14th that Prime Minister Setia was unconstitutional and dismissed immediately. Last week, the Securities and Exchange Commission of Thailand (SEC) launched a sandbox for cryptocurrency-related businesses. Bitazza Thailand CEO Tanawat Sutunthivorakoon said that this incident has little impact on digital asset regulation.

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14 августа 2024 14:29

GM tokens are now live

On August 14, gm .ai officially posted on social media that GM tokens are now live. Pre-sale participants have been airdropped xGM, and GM has been pre-deposited in the anchoring plan. If users choose to continue to participate in the Anchor plan, no action is required. If you need to withdraw, you can convert xGM to GM. Airdrop participants will receive it in the mini program within 24 hours.

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14 августа 2024 13:29

Network3 will start pre-sale of mining machines on the 20th, supporting dual mining of IOTX

On August 14, at the DePINsubmit Summit of Stanford Blockchain Week in New York, Network3, an AI infrastructure project of the IoTeX ecosystem, said that it will start pre-sale of the first batch of physical mining machines on August 20. The mining machine will integrate IoTeX's on-chain device identity module ioID, becoming the first Web3 device verified by a third party on-chain and off-chain. Devices with integrated ioID will be able to obtain income from dual mining $ IOTX in addition to Network3's native currency.

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14 августа 2024 12:32

"Miner capitulation" and new highs in hash rate may indicate a bottom in Bitcoin prices

On August 14, miners continued to increase their network hash rate despite the recent drop in Bitcoin prices, indicating positive sentiment after the capitulation event that usually marks a price bottom.
On August 5, Bitcoin outflows surged to 19,000 BTC, the highest level since March 18, with miners capitulating in large numbers. At this time, the price of Bitcoin hit $49,000, indicating that miners sold assets to cover costs as profit margins tightened.

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14 августа 2024 11:29

Suspected Justin Sun address deposited 596 BTC to CEX, equivalent to about 36 million US dollars

On August 14, according to ai_9684xtpa monitoring, the suspected Justin Sun address 1JScg...N6aiK recharged 596.601 BTC to Binance two hours ago, worth 36.47 million US dollars.
These 1,000 BTC were redeemed from Merlin Chain by the address 1BGH3...5rA4L two days ago. 500 of them were recharged into the trading platform as early as 08.12, and the rest were transferred today.

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14 августа 2024 10:29

Musk’s xAI launches Grok-2 and Grok-2 mini beta versions

On August 14, Musk’s AI company xAI recently announced the launch of an early preview version of Grok-2, which has features in chat, coding and reasoning.
xAI also offers a Grok-2 mini version. The Grok-2 and Grok-2 mini are currently in beta on the X.
xAI will also make both models available via its enterprise API later this month. xAI said Grok-2 showed significant improvements in retrieving content reasoning and its tool usage capabilities, such as correctly identifying missing information, reasoning through event sequences, and discarding irrelevant posts.

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14 августа 2024 09:54

dYdX will launch dYdX Unlimited upgrade for dYdX Chain this fall

On August 14, dYdX announced that it will launch dYdX Unlimited upgrade for dYdX Chain this fall, adding new features including:
· Unlicensed listing;
· MegaVault (obtains liquidity from dYdX users and acts as a market maker for all dYdX Chain markets);
· Affiliates Program;
· License Key (provides a more secure and customizable environment for institutions and high-value traders) and other features.

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14 августа 2024 08:54

Binance will remove spot trading pairs such as BLZ/FDUSD and IMX/TRY

On August 14, according to the official announcement, based on the recent review results, Binance will remove the following spot trading pairs and stop trading:
August 16, 2024 11:00 (Eastern Time): BLZ/FDUSD, IMX/TRY, PORTO/BTC.

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14 августа 2024 07:54

Binance Leverage will remove BICO/BTC, DAR/BTC and other trading pairs

On August 14, according to the official announcement, Binance Leverage will remove the following leverage trading pairs at 14:00 on August 22, 2024 (Eastern Time Zone 8):
Full-position leverage: BICO/BTC, DAR/BTC;
Individual-position leverage: BICO/BTC, BNT/BTC, DAR/BTC, UTK/BTC.

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14 августа 2024 06:54

Binance Super Earn Coin is launched on TON

On August 14, Binance Super Earn Coin was launched on TON. Binance Super Earn Coin provides a new way to earn coins. Users can subscribe to the newly launched token projects through the principal-guaranteed coin-earning regular product and enjoy a limited-time special annualized rate of return (Special APR).
Super Earn Coin is an exclusive benefit provided for a limited time after the token is launched, and is applicable to tokens obtained through Launchpool, Megadrop or HODLer airdrop. Users can use these newly launched tokens to subscribe to the principal-guaranteed coin-earning regular product and enjoy a limited-time special annualized rate of return for a certain period of time.

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14 августа 2024 05:51

pump fun fee account has exchanged more than 220,000 SOLs for 35.54 million USDC in the past three months

According to Lookonchain data, the pump fun fee account has sold 222,073 SOLs at an average price of $160 in the past three months and exchanged them for 35.54 million USDC. The total revenue of pump fun is 615,439 SOLs ($89 million).

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14 августа 2024 04:51

Coinbase executives: Canada needs to thoroughly reform cryptocurrency regulations

Lucas Matheson, director of Coinbase Canada, attended the blockchain futurists meeting on August 13 to discuss the current status of digital asset regulation in Canada and promote the newly expanded Stand With Crypto program. Matheson believes that although Canada's regulatory framework is already sound, the country still needs to modernize crypto regulation. Matheson pointed out that 85% of countries will adopt a comprehensive digital asset regulatory framework next year, and stressed the importance of public dialogue in educating government officials about the importance of cryptocurrencies. The Canadian Director Of Coinbase Summarized The Long-term Goal Advocated By Stand With Crypto: "Frankly, Canada Still Have A lot Of Work To Do To Change The Law. The Goal Is To Change The Law Of Canada So That We Can Increase Economic Freedom And Update Canada's Finance. System." Matheson instructed the audience to sign up for the advocacy group at the end of the speech.

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14 августа 2024 03:52

U.S. FBI's relevant records of Satoshi Nakamoto "neither confirm nor deny"

Investigation reporter Dave Troy said that the Federal Bureau of Investigation (FBI) issued a "Glomar response" to its information request for Satoshi Nakamoto, the founder of Bitcoin under the Freedom of Information Act (FOIA), that is, whether it "neither confirms nor denies" exists. In the relevant records. Troy said that the FBI's response implied that Satoshi Nakamoto was a "third party individual". He plans to appeal this in an attempt to obtain the information that the FBI may have about Satoshi Nakamoto. Since the release of the Bitcoin white paper in 2008, Satoshi Nakamoto's true identity has been a mystery. Although some people speculate that Hal Finney, an early Bitcoin contributor, may be Satoshi Nakamoto, there is no conclusive evidence so far. Similar FOIA requests received the same response in 2018, showing that the FBI and the CIA were cautious about the records of the founders of Bitcoin.

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14 августа 2024 03:23

Goldman Sachs currently holds a Bitcoin ETF worth $418 million

Bitcoin News said on the X platform that the latest 13F document of Goldman Sachs shows that the company holds the following Bitcoin exchange-traded funds (ETFs): iShares Bitcoin Trust: $238.6 million Fidelity Bitcoin ETF: $79.5 million Grayscale Bitcoin Trust: $35.1 million Invesco Galaxy Bitcoin ETF: $56.1 million Bitwise Bitcoin ETF: $8.3 million WisdomTree Bitcoin ETF: $749,469 ARK 21Shares Bitcoin ETF: $299,900 In total, Goldman Sachs' investment in the Bitcoin ETF is about $418 million.

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14 августа 2024 02:23

Goldman Sachs and Semi-Mo model: The probability of market-priced U.S. recession has risen sharply

The models of Goldman Sachs Group and JPMorgan Chase show that the market has increased significantly from the signals of the U.S. bond market and the performance of stocks that are extremely sensitive to the ups and downs of the business cycle. According to Goldman Sachs data, the stock market and bond market currently believe that the possibility of a U.S. recession is 41%, up from 29% in April. A similar model of JPMorgan Chase calculated that the possibility of recession jumped from 20% at the end of March to 31% due to the sharp repricing of U.S. treasury bonds. Nikolaos Panigirtzoglou, a JPMorgan Chase strategist, said that the recession risk in the bank's model reflects the interest rate cut that the market has absorbed since the employment growth slowed down in the employment report last month.

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14 августа 2024 14:51

Circle CEO: Doubtful of Trump's use of Bitcoin as a reserve currency

According to financial reports, Circle CEO Jeremy Allaire said in an interview with CNBC that cryptocurrency is already a "purple" issue, or a bipartisan issue, but more action is needed to consolidate this status, otherwise the United States will miss the opportunity to lead in this field.

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14 августа 2024 13:54

Windows exposes another serious security vulnerability, which can be invaded through IPV6 without user authentication

On August 14, Microsoft officially disclosed that a serious security vulnerability was recently exposed in the Windows system, numbered CVE-2024 -38063, which affects all supported Windows versions, including Windows 11, Windows 10, and multiple versions of Windows Server. The CVSS3.1 score of the vulnerability is 9.8, which is an "important" level. Attackers can remotely invade devices through specially crafted IPv6 packets and execute arbitrary code. The vulnerability exists in the TCP/IP network stack of Windows and is a serious remote code execution vulnerability. Attackers can trigger the vulnerability and remotely execute code by repeatedly sending specially crafted IPv6 packets to Windows devices without user interaction or authentication.

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14 августа 2024 12:54

Matrixport: The market continues to buy Bitcoin ETFs on dips

On August 14, Matrixport released its latest opinion, saying that since March 2024, Bitcoin spot ETF buyers have been strictly implementing a strategy of buying on dips and waiting on highs.
With the opening of the 13F quarterly reporting period today, funds with more than $100 million in US stock investments will begin to disclose. It may be found that more pension funds and asset management companies increased their holdings of Bitcoin ETFs in the second quarter, which may boost the confidence of institutional investors.

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14 августа 2024 11:54

Web3 game studio Autoverse Studios completes $8 million in financing, led by White Star Capital

On August 14, according to Venturebeat, Web3 game studio Autoverse Studios completed $8 million in financing. This round of financing was led by White Star Capital, with participation from Sfermion, RockawayX, Ocular, Sidedoor Ventures, MCE Group, Saison Capital and LiquidX.

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14 августа 2024 10:54

Brazilian crypto trading platform Mercado Bitcoin launches crypto-collateralized loans

On August 14, Mercado Bitcoin, one of Brazil’s largest cryptocurrency exchanges, announced the launch of a lending product that uses cryptocurrencies as collateral and will be paid to users in the national currency.
This is the first such product launched by the company, which received a payment institution license from the central bank last year. To avoid the high risks associated with liquidation, Mercado Bitcoin will limit loans to 30% of the exchange user’s holdings.

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14 августа 2024 10:00

The total Bitcoin contract holdings increased by 5.01% in 24 hours

On August 14, according to Coinglass data, the total Bitcoin contract holdings reached US$29.942 billion, a 24-hour increase of 5.01%.
In addition, the total Ethereum contract holdings are now reported at US$11.133 billion, a 24-hour increase of 4.13%.

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14 августа 2024 09:29

Australian regulators file lawsuit against the country's stock exchange for failed blockchain upgrade

On August 14, the Financial Times reported that the Australian Securities and Investments Commission (ASIC) stated in a lawsuit filed on Wednesday that the board and management of the ASX (Australian Stock Exchange) had "collectively failed" in managing the upgrade of its blockchain-based platform.
The upgrade project was initially promoted as a leading blockchain initiative, but was abandoned in November 2022 after seven years of development. The failed upgrade has sparked criticism of the ASX from the banking industry, government and the Reserve Bank of Australia.

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14 августа 2024 08:29

Mining company Riot Platforms increases its stake in Bitfarms by 1 million shares

On August 14, Bitcoin mining company Riot Platforms increased its ownership of 1 million shares of Bitfarms common stock, with a total purchase amount of US$2.2808 million.
After this purchase, Riot Platforms' Bitfarms shares account for approximately 18.90% of Bitfarms' issued and common shares.
BlockBeats previously reported that on June 24, Riot Platforms (RIOT) abandoned its proposal to acquire Bitfarms (BITF) and hoped to reorganize the board of directors before further acquisitions. Riot Platforms nominated John Delaney, Amy Freedman and Ralph Goehring to replace the current Bitfarms board members.

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14 августа 2024 07:30

ASIC accuses ASX of making misleading statements about its blockchain project CHESS

According to financial reports, the Australian Securities and Investments Commission (ASIC) has sued the country's main stock exchange ASX in the Federal Court, accusing the exchange of making "misleading and deceptive" statements about its now-abandoned blockchain project.

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14 августа 2024 06:32

Four .meme launches MEME competition, with a million-dollar incentive to boost BNB Chain ecosystem development

On August 14, according to official news, BNB Chain ecosystem MEME platform Four .meme announced today that it will hold the MEME Oscar event, with a total prize pool of up to one million, aiming to inspire the creativity of the blockchain community.
The event will start on August 14 and last until September 13. Four. meme specially invited In2Ventures founder Bili, NBA star Tristan Thompson, WHY, and FOUR team as judges.

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14 августа 2024 05:22

The number of Solana active addresses increased by 151% in seven months

According to The Block data, the number of active addresses in Solana increased by 151% in seven months. In July, the number of active addresses on the network reached a record high of 54.33 million, a significant increase from 21.6 million at the beginning of 2024. In addition, the non-voting transactions of the ecosystem also reached a peak of 1.3 billion in July, indicating that the activity on the chain is very active.

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14 августа 2024 04:24

The probability that the Federal Reserve will cut interest rates by 50 basis points in September is 46%

According to the CME "Fedral Reserve Observation", the probability of the Federal Reserve shating interest rates by 25 basis points in September is 46%, and the probability of sesting interest rates by 50 basis points by 50 basis points is 54%. The probability of the Federal Reserve reducing interest rates by 50 basis points by November is 29.6%, the probability of reducing interest rates by 75 basis points is 51.2%, and the probability of reducing interest rates by 100 basis points is 19.2%.

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14 августа 2024 03:39

Banana Gun announced that it has destroyed 2% of the total supply of BANANA tokens, worth about $8.6 million

According to official news, the Telegram Bot project Banana Gun announced that it had destroyed 2% of the total supply of BANANA tokens, worth about $8.6 million.

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14 августа 2024 02:51

43% of Meta ads based on UK prime minister are crypto scams

Cybercriminals have reportedly used deepfakes of UK Prime Minister Keir Starmer and Prince William in more than 250 Meta adverts designed to trick victims into handing over funds to crypto scams. That’s according to Fenimore Harper, an analytical body founded by a former member of the UK Treasury. It found that 43% of all Keir Starmer-based Meta ads since the UK election were tied to crypto scams. It also used data from Meta’s advertising page to determine that these adverts reached up to 891,834 people.

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14 августа 2024 01:51

Yesterday, the net outflow of GBTC was $28.6 million, and the net outflow of ETHE was $31 million

According to the monitoring of Farside Investors, as of press time, the data of U.S. spot Bitcoin ETF and spot Ethereum ETF (August 13) are as follows: Spot Bitcoin ETF: GBTC net outflow of $28.6 million; BITB net inflow of $16.5 million; ARKB net outflow of $6.1 million; EZBC, BTC no capital inflow or outflow. Spot Ethereum ETF: ETHE net outflow of $31 million; ETHW, CETH, EZET, ETH have no capital inflow or outflow.

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