Money & Crypto News

14 августа 2024 19:26

Swell launches liquidity re-pledge token swBTC

On August 14, the Ethereum pledge project Swell launched the liquidity re-pledge token "swBTC". Users can deposit wBTC to obtain swBTC to generate income. wBTC is a token linked to BTC 1:1 and can be used in the Ethereum network. It is expected that the re-plealed proceeds will be issued from mid-September. Before that, swBTC will receive 3 times Black Pearls plus Symbiotic points.

✅@Money

Money & Crypto News

14 августа 2024 18:32

Re-pledge protocol Symbiotic extension supports Bitcoin

Symbiotic, a re-pledge agreement, announced that it had supported Bitcoin and extended shared security beyond Ethereum. Symbiotic is launching various ERC-20 implementations of Bitcoin to support the decentralization and security of the Bitcoin protocol, and will support other assets in the future.

✅@Money

Money & Crypto News

14 августа 2024 17:29

SEC accuses Russell Todd Burkhalter and his company of a $300 million Ponzi scheme

On August 14, the U.S. Securities and Exchange Commission (SEC) announced today that they have obtained emergency permission from the court for preliminary injunctions, asset freezes, etc. to investigate Atlanta Drive Planning LLC and its founder and CEO Russell Todd Burkhalter. The SEC alleges that Drive Planning and Burkhalter raised more than $300 million from more than 2,000 investors for so-called real estate investments from 2020 to June 2024 by promising high returns ("10% interest every 3 months"). But in fact, this is just a typical Ponzi scheme, where they use new investor funds to pay returns to existing investors.

✅@Money

Money & Crypto News

14 августа 2024 16:29

Offchain Labs announces the establishment of a new business unit "Tandem", focusing on the Ethereum ecosystem outside of Arbitrum

On August 14, Bloomberg reported that Offchain Labs, the developer of the Arbitrum blockchain, announced the establishment of a new business unit "Tandem". Offchain Labs has invested $10 million in the department, focusing mainly on Ethereum ecosystem projects outside of Arbitrum.
Offchain Labs is supported by venture capitalists such as Lightspeed Venture Partners and Ribbit Capital. Tandem will focus on promoting the application of blockchain in the mainstream market, such as Robinhood and blockchain games in cooperation with Arbitrum. Offchain Labs expects that the new department will become one of its main sources of revenue.

✅@Money

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.

✅@Money

Money & Crypto News

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.

✅@Money

Money & Crypto News

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.

✅@Money

Money & Crypto News

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.

✅@Money

Money & Crypto News

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.

✅@Money

Money & Crypto News

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.

✅@Money

Money & Crypto News

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.

✅@Money

Money & Crypto News

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.

✅@Money

Money & Crypto News

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.

✅@Money

Money & Crypto News

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.

✅@Money

Money & Crypto News

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).

✅@Money

Money & Crypto News

14 августа 2024 18:52

A whale sold 420 billion PEPEs two hours ago, worth about $3.13 million

According to Lookonchain monitoring, a whale sold 420 billion PEPEs two hours ago, worth about $3.13 million. The whale spent 3.13 million USDT on August 5 and August 12 to buy 420 billion PEPE, and the sale made only $30,000.

✅@Money

Money & Crypto News

14 августа 2024 18:16

TON cooperates with Pyth Network to provide real-time DeFi data

The open network of the decentralized blockchain platform TON and the decentralized data oracle Pyth Network cooperate to provide institutional-level real-time price data for TON developers. Through this cooperation, Pyth's oracle data will be integrated into TON, enabling developers to create unique decentralized applications. At the same time, Pyth's technology provides multi-layer protected real-time price data, supports DeFi projects in the TON ecosystem, and will also help TON attract more users into the on-chain space through Pyth's low-latency data capability.

✅@Money

Money & Crypto News

14 августа 2024 16:54

Catizen will launch the mini-game "Order Chaos Path Heroes" in its mini-game center

On August 14, Catizen officially announced that it will launch the mini-game "Order Chaos Path Heroes" in its mini-game center.
On July 23, Binance Labs announced its investment in Pluto Studio, the publishing platform for the Telegram-based Web3 game Catizen. On June 29, Catizen, a Ton ecological chain game project, announced that it would launch a game platform. It is reported that Catizen plans to launch more than 200 mini-games, turning Catizen from a single mini-game into a game center.

✅@Money

Money & Crypto News

14 августа 2024 15:57

Fed megaphone: July CPI clears the way for September rate cuts

On August 14, Nick Timiraos, the "Fed megaphone", wrote that the July CPI data cleared the way for the Fed to start cutting interest rates at the next meeting. As the labor market has recently shown signs of potential weakness, the debate at the Fed's September meeting will focus on whether to cut interest rates by 25 basis points in the traditional way or a larger 50 basis points. The inflation data released on Wednesday did not resolve this debate. Instead, the debate may depend on labor market reports, including weekly initial jobless claims and the August non-farm payrolls report to be released on September 6. The inflation report released on Wednesday was mild, but the strong rise in housing costs may reduce enthusiasm for the data. However, Fed leaders have hinted that they are ready to start cutting interest rates next month, partly because inflation data in May and June were also much milder.

✅@Money

Money & Crypto News

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.

✅@Money

Money & Crypto News

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.

✅@Money

Money & Crypto News

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.

✅@Money

Money & Crypto News

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.

✅@Money

Money & Crypto News

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.

✅@Money

Money & Crypto News

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%.

✅@Money

Money & Crypto News

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.

✅@Money

Money & Crypto News

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.

✅@Money

Money & Crypto News

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.

✅@Money

Money & Crypto News

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.

✅@Money

Money & Crypto News

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.

✅@Money