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Money & Crypto News

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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Morgan Stanley is currently one of the top five holders of Baled's Bitcoin ETF

Morgan Stanley said in a document submitted to the U.S. Securities and Exchange Commission (SEC) that as of June 30, it held 5.5 million shares of the Brad spot Bitcoin ETF, and Morgan Stanley is currently one of the top five holders of the Bladeld Bitcoin ETF. Morgan Stanley disclosed that it holds a $187 million Bitcoin ETF.

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CEO of Pioneer Group: The company does not plan to launch cryptocurrency ETF

Salim Ramji, CEO of Pioneer Group, said that the company does not plan to launch a cryptocurrency exchange-traded fund (ETF). Salim Ramji took over as CEO of Pioneer Group last month, after serving as a senior leader at BlackRock for ten years. Ramji recently worked as the global director of iShares and index investments at Blayde, managing most of the company's customer assets and developing the iShares platform.

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The U.S. government transferred nearly $600 million in Silk Road Bitcoin or just for custody

According to Arkham Intelligence's blockchain data, the U.S. government on Wednesday transferred 10,000 seized bitcoins (BTC) related to the Silk Road to Coinbase Prime, the exchange giant's institutional platform. Analysts said that depositing on the exchange usually indicates the intention to sell assets, but in this case, the transfer may be for custody reasons, because the U.S. Pariff, a subsidiary of the U.S. Department of Justice, announced last month that it had established a partnership with Coinbase Prime to "protect and trade" large digital capital. Production. According to court documents, the last time the government confirmed the sale of Silk Road assets was in March 2023, when 9,861 tokens were sold for $216 million. The government listed a plan to sell the remaining assets in four batches of that year in the document, but there has been no follow-up contract for the sale since then.

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Binance will pay $1.7 million to the Brazilian Securities Commission to end its investigation of its derivatives products

Binance will pay 9.6 million reais (about $1.76 million) to the Brazilian Securities and Exchange Commission (CVM) to end the CVM's investigation into its failure to obtain the necessary permission to provide derivatives trading services in Brazil. CVM previously ordered Binance to stop providing derivatives trading services in Brazil in July 2020. Later, in August 2023, CVM rejected the settlement of 2 million reais (about $370,000) proposed by Binance. CVM said that Binance brokered and brokered securities transactions to citizens living in Brazil without obtaining securities broker qualification and CVM registration or exemption. The amount of this settlement is much higher than the 2 million reais proposed by Binance a year ago.

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Marathon bought 4,144 bitcoins for $249 million

Marathon Digital Holdings has just bought 4,144 bitcoins for $249 million and currently holds more than 25,000 bitcoins.

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Moonshot updates the Meme coin issuance fee agreement to distribute profits to creators and most holders

According to Meteora's official news, through Moonshot's launch of Meme tokens on Meteora, the creators and most holders will receive locked lifetime liquidity fees. Moonshot hopes to turn creators and early supporters into shareholders to benefit from the long-term growth of tokens, while reducing repeated pull-up and selling. The initial liquidity is permanently locked, and income is distributed to liquidity providers. The dynamic fee agreement ranges 0.15-15%, and 80% of the funds collected through dynamic fees will be distributed: 20% is allocated to token creators; 70% is allocated to the original top 50 token holders; 10% is allocated to DexScreener; The 20% dynamic fee is passed on to the integrators and trading robots that refer traders to the capital pool. Previously, on June 25, DEX Screener launched the token distribution platform Moonshot. According to reports, the tokens issued on the platform have no pre-sale, no insiders, and a fixed supply of 1 billion. Once the market value reaches 500 SOL, all remaining tokens and liquidity will be migrated to Raydium and the liquidity will be locked by destroying LP tokens.

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stable currency payment application Sling Money completed $15 million in Series A financing

Sling Money, a stable currency payment application, completed a round A financing of $15 million, led by Union Square Ventures, Ribbit Capital and Slow Ventures. . Sling Money previously raised $5 million in seed round financing led by Ribbit Capital and participated by Slow Ventures. Sling Money combines stablecoin technology with a user-friendly interface and seamlessly integrates with the legal payment system to achieve better and cheaper global capital transfer.

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Wisconsin Investment Commission increases holding of Blayard Bitcoin ETF

According to Bitcoin Magazine, since the last submission of documents to the U.S. Securities and Exchange Commission, the Wisconsin Investment Commission has increased its holdings of the Bredd Bitcoin ETF.

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Goldman Sachs: The possibility of the Federal Reserve shating interest rates by 50 basis points in September has not been ruled out

Lindsay Rosner, head of multi-departmental fixed income at Goldman Sachs Asset Management, said that tonight's CPI data cleared the way for a 25 basis point interest rate cut in September, but considering that there will be more data in the future, the possibility of the Federal Reserve rate cut by 50 basis points has not been ruled out.

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Wormhole announces platform development roadmap: MultiGov, a multi-chain governance solution, is planned to be launched by 2025

According to official news, Wormhole announced the platform development roadmap, which will introduce major UX/UI improvements and a series of new products in Wormhole Era3, including native Swap, fast transfer, more native token exchange options and Portal, Major enhancements to Wormhole Connect and TypeScript SDK. It is expected to launch the first multi-chain governance solution MultiGov in 2024-2025, launch Worhole DAO, and upgrade the ZK platform to provide ZK light client and launch for Ethereum, Near, Sui, Aptos and Cosmo. Community incentive activities.

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Today, spot Bitcoin ETF in the United States increased its holdings by 1,190 BTC, and spot Ethereum ETF increased its holdings by 18,726 ETH

According to lookonchain monitoring, today (August 14), 10 U.S. spot Bitcoin ETFs increased their holdings by 1,190 BTC, or about $70.77 million; 9 spot Ethereum ETFs increased their holdings by a total of 18,726 ETH, or about $49.76 million.

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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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Money & Crypto News

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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Fidelity Digital Asset Management is working on treasury bonds and credit on the chain and stable coins

Cynthia Lo Bessette, head of the digital asset management department of Fidelity, does not think there is enough demand for alternative cryptocurrency ETF. Bessette added that Ethereum's pledge of ETF may only be a matter of time, not whether it will happen. Fidelity's digital asset management department is also studying tokenization, including stable coins in addition to on-chain treasury bonds and credit.

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Fireblocks obtain New York State cryptocurrency custody license

Fireblocks, a Web3 infrastructure provider, announced that it has obtained a cryptocurrency custody license in New York State, which can host cryptocurrencies for U.S. customers. Fireblocks said in a statement: "As of this month, Fireblocks Trust Company, LLC has obtained a license from a limited purpose trust company to engage in virtual currency business and will soon begin to provide American customers by Firebl The ced hosting solution supported by ocks technical support. According to the New York Department of Financial Services, Fireblocks has joined the list of more and more institutional cryptocurrency companies that have obtained assets authorized by the New York Department of Financial Services, including Coinbase Custody Trust and Fidelity Digital. Asset Services and PayPal Digital.

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Trump: The "Trump Project" is related to digital real estate

According to the New York Times, Trump said that the "Trump Project" is about digital real estate.

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U.S. government address transfers 10,000 BTC to Coinbase Prime

According to Bitcoin Magazine, the U.S. government's marked address transferred 10,000 BTC collected from the Silk Road to the Coinbase Prime address, worth about $593.9 million.

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Apple will open the payment chip to third parties and charge fees

After years of pressure from regulators, including the European Union, Apple (AAPL.O) announced on Wednesday local time that it would start allowing third parties to use the iPhone's payment chip for transactions, which will enable banks and other services to compete with Apple Pay platforms. Struggle. Apple said that it will allow developers to use NFC-supported payment chips from iOS 18.1, and users can also set third-party payment applications as the default system to replace Apple Pay. However, according to Wednesday's statement, under the new payment method, Apple will still require developers to pay "relevant fees" for using NFC chips and sign a "commercial agreement".

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BTC fell below $58,500

The market shows that BTC fell below $58,500, and now it is reported at $58,468, with a 24-hour decline of 4.25%. The market fluctuates greatly. Please do a good job in risk control.

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Renzo and Jito cooperate to launch the LRT token ezSOL

The re-pledge agreement Renzo Protocol and the mobile pledge agreement on Solana Jito Network cooperated to launch the LRT token ezSOL, ezSOL is the first similar product on Solana. The user uses jitoSOL as the basic pledge asset to cast ezSOL.

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Neura will launch the main network in the fourth quarter to support the migration of some ANKR tokens

The Layer1 blockchain Neura launched by Ankr announced that it will prepare for the full deployment of the Neura main network in the fourth quarter. The highlights include: migration of some ANKR tokens, acceptance of the first batch of IMO protocols, integration of DeFi, and the launch of computing resources.

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Sushi aggreger integrates Cronos and supports trading Cronos tokens in Sushi UI

Sushi announced its support for the Cronos network. Through Sushi's aggregator Route Processor, DEX VVS Finance aggregates liquidity from Cronos. Users can now directly use Sushi UI in C ronos exchange tokens.

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Trump will hold a press conference in New Jersey on Thursday

Donald Trump will hold a press conference in New Jersey on Thursday.

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HC Wainwright raised the target price of Bitcoin mining company Hut 8 to $13.5, and the rating was upgraded to buy

The brokerage company HC Wainwright upgraded the rating of Bitcoin mining company Hut 8 from sell to buy, and also significantly raised its target price from $7.5 to $13.5. It is reported that Hut 8 may benefit from the growing demand for energy and infrastructure from artificial intelligence (AI) companies, and the possibility of signing high-performance computing (HPC) or AI customers increased after Coatue invested $150 million in June. HC Wainwright also disclosed that Hut 8 is actively negotiating with potential customers on large-scale HPC and AI projects.

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