Money & Crypto News

09 августа 2024 21:49

Grayscale transferred 639.944 BTC to a newly created address, worth approximately $38.78 million

Grayscale transferred 639.944 BTC to a newly created address, worth approximately $38.78 million. The address obtained a small amount of Bitcoin from Coinbase as gas.

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Money & Crypto News

09 августа 2024 20:49

Grayscale Ethereum Mini Trust Address Received 1,950 ETH

the Grayscale Ethereum Mini Trust address received 1,950 ETH transferred from Coinbase Prime, worth approximately $5.1 million.

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09 августа 2024 20:32

Ethereum Developers: Most of the Ethereum Roadmap Goals Can Be Achieved in Four Years

Ethereum protocol developer and Prysm maintainer Terence recently shared his views on his social platform. He believes that Ethereum's roadmap is simpler than many people think, and most of it can be achieved in the next four years: maximize data availability, improve censorship resistance, reduce trust through out-of-protocol block construction and better time slot utilization, reach consensus faster, improve staking user experience, finalize staking economy, limit execution layer storage and achieve stateless execution state.

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09 августа 2024 19:28

Ethereum briefly fell below $2,600

Ethereum briefly fell below $2,600 and is now quoted at $2,599.7, with a 24-hour increase falling back to 5.71%.

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09 августа 2024 18:36

Grayscale transfers 7,706 ETH to Coinbase Prime

Grayscale transferred 7,706 ETH to Coinbase Prime 3 minutes ago, worth approximately $20.112 million.

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09 августа 2024 17:29

Animoca Brands' current secondary valuation is about $1.5 billion, down about 75% from two years ago

On August 9, DL News reported that although Animoca Brands held assets totaling about $3.3 billion as of March, Animoca Executive Chairman and Co-founder Yat Siu said the company's secondary shares were trading at about $1.5 billion.
This figure is about 75% lower than its $5.9 billion valuation in July 2022, when its announcement raised $75 million.

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09 августа 2024 16:29

Orderly Network will airdrop in August and will distribute 60% of net fee rewards to token stakers

On August 9, according to the official announcement, Orderly Network announced that the airdrop activity will be carried out in August and updated its token economics information. 55% of the 1 billion ORDER will be used for ecosystem development (including airdrops), 20% for the Orderly team and consultants, 15% for strategic investors, and 10% will be retained in the Orderly Foundation treasury to promote exchange liquidity, etc. Of the total supply, 13.3% is used for airdrops.

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09 августа 2024 15:30

Cardano founder: If the United States uses Bitcoin as a reserve asset, it will pose a centralization risk

According to financial reports, Cardano founder Charles Hoskinson responded to presidential candidate Robert Kennedy Jr.'s recent proposal to use Bitcoin as a reserve asset for the United States, saying that although strategic Bitcoin reserves may be beneficial to price trends, if the U.S. Treasury Department controls 19% of the BTC supply as it thinks, it will pose a significant centralization risk to Bitcoin.

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09 августа 2024 14:42

Boston Fed President: Downward inflation will lead to a quick Fed rate cut

According to financial reports, Collins, a 2025 FOMC voter and president of the Boston Fed, said in an interview that if inflation continues to decline while the labor market remains strong, the Fed will likely begin to ease interest rate restrictions. Collins added that although the latest employment data was lower than expected, the U.S. labor market remains strong. She warned that although inflation is returning to the target level of 2%, it is slower than expected.

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09 августа 2024 13:31

Fed Collins: If the data is as expected, it would be appropriate to start easing policy "soon"

Financial report, Fed Collins: If the data is as expected, it would be appropriate to start easing policy "soon". Whoever enters the White House will have absolutely no impact on my assessment of the state of the economy, my outlook for the future, or what I think is the appropriate policy. I expect interest rates to be lower in a few years. We will release a new summary of economic forecasts in September, which will include the outlook of the 19 FOMC members based on the data we have seen so far. It will include our outlook for interest rates at the end of 2024, 2025, and 2026. I do expect that we will see some easing of monetary policy in the next few years. But how much, when, and how fast the adjustment will be will be determined by the data.

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09 августа 2024 12:29

Senior Investment Manager at Gate Ventures: Investment is critical to driving sustainable growth

On August 9, during the 2024 Asian Blockchain Summit (ABS), Tiffany Chang, Senior Investment Manager at Gate Ventures, attended the meeting and participated in the panel discussion "Shaping the Future: The Role of the Investment Committee in Driving Sustainable Growth and Innovation", elaborating on the important role of the investor committee in promoting blockchain technology and sustainable development.
Tiffany emphasized the key role of the investor committee in promoting sustainable growth. She pointed out that investing in projects that promote sustainable growth can not only bring financial returns, but also have positive social impacts and make important contributions to the development of blockchain technology. Tiffany detailed Gate Ventures' investment strategy, emphasizing that every investment is consistent with the company's long-term vision of promoting sustainable growth and technological innovation in the blockchain field.

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09 августа 2024 11:29

Cumberland deposited 155 WBTC to Binance, about $9.4 million

On August 9, according to Scopescan monitoring, Cumberland deposited 155 WBTC to Binance today, about $9.4 million.

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Money & Crypto News

09 августа 2024 10:29

Irish officials seized $7.1 million in cryptocurrency in a raid targeting money laundering and dark web sales

On August 9, Bitcoin.com reported that Irish officials seized $7.1 million worth of cryptocurrency in a raid targeting money laundering and dark web sales. Three suspects were arrested, one of whom is still in custody. Detective Superintendent Michael Mullen of the Garda National Cyber ​​Crime Bureau said: "The arrest of the three suspects and the seizure of assets are the result of a highly complex investigation into criminal activities on the dark web market by professional investigators of the National Cyber ​​Crime Bureau."

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09 августа 2024 09:29

Solana developers, validators, and client teams have collaborated to patch important vulnerabilities on Wednesday

On August 9, The Block reported that Solana developers, validators, and client teams worked together to resolve a serious security vulnerability.
Solana validator Laine said that the process began on August 7, when the Solana Foundation contacted well-known network operators through private channels. The contact was part of a secret vulnerability patching strategy to prevent the vulnerability from being exploited in any way. The patch was provided through the GitHub repository of Anza engineers, enabling operators to independently verify and apply changes. As of 14:00 UTC on Thursday, August 8, detailed instructions for implementing the patch have been distributed to various stakeholders, ultimately securing 66.6% of the network's equity. The vulnerability was publicly disclosed only after 70% of the network had installed the patch.

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09 августа 2024 08:29

Simon's Cat meme coin will be launched on TokenFi Launchpad on August 20, and 18.5% of the total will be airdropped to FLOKI holders

On August 9, Floki officially posted on social media that Simon's Cat meme coin will be launched on TokenFi Launchpad on August 20. 18.5% of the total will be distributed to FLOKI token holders.
It is reported that "Simon's Cat" is a well-known cat-themed animation series, and its emoji series is also very popular. The launch of this meme coin will be in cooperation with Floki, DWF Labs and BNBChain, and will be launched exclusively on BNBChain. The token code is CAT, the total supply is 9,000,000,000,000, the pre-sale fundraising amount is US$4.25 million, and the pre-sale market value is US$25 million. All will be unlocked and put into circulation during TGE.

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Money & Crypto News

09 августа 2024 21:34

Bitcoin CEX net outflows reached $1.7 billion in the past week, the highest in more than a year

the net outflow of Bitcoin CEX reached $1.7 billion in the past week, the largest amount in more than a year.

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09 августа 2024 20:44

Two addresses on the Tron chain were frozen, holding more than 16.47 million USDT

two addresses on the Tron chain were frozen, one of which held 10,000,028 USDT, and the other held more than 6.47 million USDT.

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09 августа 2024 19:54

Survey: About 80% of economists expect the Fed to cut interest rates by only 25 basis points in September

the vast majority of economists surveyed by Bloomberg expected that the Federal Reserve would only cut interest rates by 25 basis points in September. This is contrary to the voices of some large Wall Street banks that the next meeting will significantly cut interest rates.

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09 августа 2024 18:56

Grayscale transfers 2776.417 BTC to Coinbase Prime address

Grayscale transferred a total of 2,776.417 BTC to the Coinbase Prime address five minutes ago.

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09 августа 2024 18:14

Security agency: Hackers can extract private keys from Bitcoin hardware wallets with only two signature transactions through new attack method

the latest report shows that security researchers have discovered a new attack mechanism called "Dark Skippy", which hackers can use to extract private keys from Bitcoin hardware wallets with only two signature transactions. The vulnerability may affect all hardware wallet models, but it will only work if the victim is tricked into downloading malicious firmware.

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09 августа 2024 16:54

Thailand SEC launches digital asset regulatory sandbox to promote experimentation and development of new digital asset services

On August 9, Cointelegraph reported that the Thai Securities and Exchange Commission (SEC) launched a digital asset regulatory sandbox on August 9 to promote experimentation and development of new digital asset services. The SEC's announcement stated: "Interested parties are welcome to participate in the sandbox to test their digital asset-related services and promote the innovative development of the capital market under a flexible regulatory framework," adding that the sandbox was officially launched today.

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09 августа 2024 15:54

Coinbase Chief Legal Officer opposes CFTC's proposed rulemaking to ban certain prediction contracts

On August 9, Coinbase Chief Legal Officer Paul Grewal opposed the U.S. Commodity Futures Trading Commission (CFTC)'s proposed rulemaking to ban certain prediction contracts, arguing that it was not well-founded. Grewal believes that the proposal has a definition problem, and the broad definition of "gambling" covers Nobel Prizes and Oscars, etc. The definition is also inconsistent with legislative history, evaluating contracts as a category that is not in the public interest and exceeds the CFTC's statutory authority.

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09 августа 2024 14:53

Thailand launches regulatory sandbox to test crypto services

According to financial reports, the Securities and Exchange Commission (SEC) of Thailand launched a digital asset regulatory sandbox on August 9. The sandbox aims to promote the experimentation and development of new digital asset services.
The announcement stated: "Interested parties are welcome to participate in the sandbox to test their digital asset-related services and promote the innovative development of the capital market under the framework of flexible regulation," adding that the sandbox was officially launched today.

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09 августа 2024 13:54

Arbitrum community launches vote on "unlocking token utility by enabling ARB staking"

According to the Snapshot governance page, Tally market operations director Frisson launched a proposal vote on "unlocking token utility by enabling ARB staking" in the Arbitrum community, and the vote will end on August 16.

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09 августа 2024 12:54

Gate Web3 x ABS Leaders Forum: When blockchain meets AI, reveal the code of the bull market

On August 9, Gate Web3 and ABS, the 2024 Asian Blockchain Summit, held the official peripheral event "Gate Web3 x ABS Leaders Forum - Talking about the new era of blockchain with industry giants", which attracted more than 200 blockchain industry practitioners, investors, media and experts to participate.
The forum kicked off with the opening speech of Gate founder and CEO Han Lin, and explored hot topics in the industry through two special discussions.

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09 августа 2024 11:54

Wu Jiezhuang: Hong Kong should accelerate the development of the Web3 ecosystem, and virtual banks should increase diversified services

On August 9, Hong Kong Legislative Council member Wu Jiezhuang posted on social media, "The Hong Kong Monetary Authority published a virtual bank report earlier. I appreciate the Hong Kong SAR government's support for the upgrading of banking services and the development of virtual banks in the past few years, but at the same time, my team did a survey on Web3 companies' opinions on Hong Kong banking services. The survey showed that Web3 companies had difficulty opening accounts, resulting in the inability to effectively develop their business.

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09 августа 2024 10:54

OKX Star responds to whether the poisoned address will be cleared: If true, it will not affect the account use

On August 9, OKX CEO Star posted on social media to respond to whether the poisoned address will be cleared, saying, "For each case, a compliance officer will conduct an in-depth investigation. If it is indeed passive poisoning, it will not affect the use of the user's account."
BlockBeats previously reported that Star said today that OKX accounts that have interactive funds with Tornado Cash will be cleared.

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09 августа 2024 09:54

dYdX community launches on-chain vote on whether to add Zerolend to dYdX Chain

On August 9, the dYdX Foundation posted on social media that the on-chain vote on whether the dYdX community should add Zerolend to the dYdX Chain has been opened, and the vote will end at 15:16 UTC on August 12, 2024. The current number of votes is 46,707,390 DYDX, and 100% of the votes are in favor of the proposal.

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09 августа 2024 08:54

BTC options with a nominal value of $1.9 billion will expire today, with a maximum pain point of $60,000

On August 9, according to Greeks .live data, 32,000 BTC options will expire today, with a Put Call Ratio of 0.71, a maximum pain point of $60,000, and a nominal value of $1.9 billion.
206,000 ETH options will expire today, with a Put Call Ratio of 0.96, a maximum pain point of $2,950, and a nominal value of $560 million.

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09 августа 2024 07:59

ETHFI DAO releases "Increase Buyback and LP Seeding Allocation" proposal for voting

According to financial reports, ETHFI DAO released a proposal for voting on "Increase Buyback and LP Seeding Allocation". The proposal aims to increase the monthly buyback rate of ETHFI tokens from the current maximum of 5% to 25%. In addition, it also seeks to provide liquidity through ArrakisFinance. The proposal is an update to the previously approved proposal "ETHFI Buyback and Liquidity Pool Seeding2".

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