Money & Crypto News

08 августа 2024 05:39

Pump. Fun is now integrated into OKX Web3 wallet

according to the official website, Pump. Fun has been connected to the OKX Web3 wallet. Users can use the OKX Web3 wallet to conduct meme transactions on Pump. Fun.

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08 августа 2024 05:35

Terra blockchain will be suspended at block height 11,550,000 for chain upgrade

Terra announced that the Terra blockchain will be suspended at block height 11550000 (approximately 14:18 UTC time on August 8, 2024) for the planned chain upgrade, and no transactions will be processed during this period.

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08 августа 2024 04:56

Lookonchain: Jump Trading cashed out another $116.7 million 11 hours ago

Jump Trading withdrew $116.7 million recently. Since starting its ETH sell-off on July 24, the firm has taken out $611.78 million USDC from Binance and deposited $558.2 million USDC into Coinbase. The USDC deposited into Coinbase is likely to be converted into US dollars at a 1:1 ratio.

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08 августа 2024 04:44

the U.S. Ethereum spot ETF had a net inflow of $99.8 million

the US Ethereum spot ETFs saw a net inflow of $99.8 million. Specifically, Grayscale ETHE experienced a net outflow of $39.7 million, while BlackRock ETHA had a net inflow of $111.3 million and Fidelity FETH saw a net inflow of $22.5 million.

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08 августа 2024 04:33

CoinDCX launches $6 million investor protection fund

Sumit Gupta, co-founder of CoinDCX, announced the creation of an investor protection fund aimed at compensating users for losses due to rare events like security breaches. The fund will start with nearly $6 million, sourced from CoinDCX's profits. This move follows a $230 million hack at competitor WazirX, which compromised nearly 45% of the value in a customer wallet.

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08 августа 2024 04:09

An address that has been dormant for more than 11 years transferred 250 BTC, with a floating profit of about 13.95 million US dollars

A Bitcoin address that had been inactive for over 11 years recently transferred all 250 BTC, worth approximately $13.98 million. With Bitcoin's current price, the address realized a floating profit of about $13.95 million.

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08 августа 2024 03:48

CME Fed Watch: The probability of the Fed cutting interest rates by 50 basis points in September is 71.5%

the probability of the Fed cutting interest rates by 25 basis points in September is 28.5%, and the probability of cutting interest rates by 50 basis points is 71.5%.

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08 августа 2024 03:26

Decentralized solver platform Khalani completes $2.5 million seed round led by Ethereal Ventures

The decentralized solver platform Khalani has secured $2.5 million in seed funding, led by Ethereal Ventures and supported by Nascent, Figment Capital, Arthur Hayes' family office Maelstrom, Jan Xie, Nick White, and others. Khalani's platform offers decentralized infrastructure that facilitates collaboration and interaction across multiple blockchains, helping users achieve their goals through its collaborative solutions.

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08 августа 2024 03:02

Uniswap Foundation: As of Q2, it holds $36.81 million in stablecoins and 680,000 UNI

the Uniswap Foundation reported holding $36.81 million in cash and stablecoins, along with 680,000 UNI tokens. These funds are designated for grants, operating expenses, and employee rewards. Specifically, $26.12 million will be allocated for grants ($22.46 million for new grants and $3.66 million for existing commitments), while $10.69 million is set aside for operating costs through the end of 2025. The Foundation expects these resources to last until the end of 2025.

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08 августа 2024 02:40

Trump's second son: I really fell in love with cryptocurrency/DeFi, please look forward to major announcements

Eric Trump, the second son of former US President Donald Trump and current executive vice president of the Trump Organization, posted on social media, "I really fell in love with cryptocurrency/DeFi (decentralized finance). Stay tuned for major announcements."

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08 августа 2024 02:14

Altcoins followed the market rebound, PENDLE rose more than 23% in 24 hours

In the recent market uptick, several altcoins have experienced significant gains:

🔼PENDLE rose by 23.24%, reaching $2.763.
🔼TNSR increased by 20.4%, trading at $0.3337.
🔼AXL saw a 16.79% rise, now priced at $0.5062.
🔼JUP went up by 11.33%, with its current value at $0.8377.

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08 августа 2024 01:24

Former CoinShares CSO Meltem Demirors Launches Venture Capital Firm

Meltem Demirors, former CoinShares CSO, is launching Crucible Capital, a Delaware-based venture capital firm. Crucible is raising $30 million and $45 million for two funds. Despite no external capital shown in SEC documents, informal commitments or other fundraising methods may exist.

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08 августа 2024 00:32

Binance Labs invests in Solana restaking protocol Solayer

Binance Labs has invested in Solayer, a Solana restaking protocol. The protocol is currently the 13th largest Solana protocol, according to DeFiLlama.

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07 августа 2024 23:40

GSR Markets Receives 6,500 ETH from Genesis Trading

On-chain data analyst ai_9684xtpa reports that GSR Markets' Binance deposit address has received 6,500 ETH from Genesis Trading, worth $16.47 million. This completes the transfer of 12,433 ETH from Genesis Trading to the transit address 0xa76...D331e over the past five days, now fully deposited into the trading platform. It remains uncertain if these funds will be sold as stablecoins for compensation.

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07 августа 2024 22:57

Copper Partners with Core, Offering Custody and Staking Support for Institutions

The Core Foundation, contributors to Core, a Bitcoin-powered blockchain unlocking EMV-Compatible BTCfi beginning with the first ever implementation of Non-Custodial BTC Staking, today announced it has entered into a strategic partnership with Copper, a leader in digital asset custody, collateral management and prime services. Copper will support the CORE token and staking activities.

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08 августа 2024 05:36

A whale deposited 5,000 ETH, about $11.6 million, into OKX 5 hours ago

according to Spot On Chain monitoring, 5 hours ago, a whale deposited 5,000 ETH (about 11.6 million US dollars) into OKX.

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08 августа 2024 04:58

Bank of Japan Deputy Governor: Bank of Japan will not raise interest rates if market is unstable

Shinichi Uchida, deputy governor of the Bank of Japan, stated that the central bank would refrain from raising interest rates if financial markets remain unstable. In his first public speech since the Japanese stock market's recent collapse, Uchida described current market trends as "extremely unstable" and emphasized the need to maintain an accommodative monetary policy. He noted that the impact of market trends on prices and the economy would influence future interest rate decisions. Following Uchida's comments, the yen fell by 2%, while the Nikkei 225 and Topix indices both rebounded by over 3%.

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08 августа 2024 04:48

Paidun: UwU Lend attacker transferred 1,000 ETH to Tornado Cash

according to Paidun monitoring, the UwU Lend attacker transferred 1,000 ETH to Tornado Cash, about $2.48 million.

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08 августа 2024 04:39

Paradigm co-founder Fred Ehrsam announces new startup Nudge, developing ultrasonic earphones

Fred Ehrsam, co-founder of Coinbase and Paradigm, announced the launch of a new company called Nudge, co-founded with Quintin Frerichs. Nudge is developing an innovative ultrasonic headset designed to enhance brain states and improve daily life. The headset aims to help users with sleep, concentration, habit changes, and mood improvement. The Nudge team consists of 11 engineers and scientists with experience from Vision Pro, Neuralink, SpaceX, and top institutions like Stanford.

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08 августа 2024 04:16

the U.S. Bitcoin spot ETF had a net outflow of $149 million

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08 августа 2024 04:02

Cryptocurrency Fear and Greed Index reaches 29, market panic eases

The cryptocurrency panic and greed index has risen to 29 today from 17 yesterday, indicating a reduction in market panic. The index, which ranges from 0 to 100, is calculated based on factors including volatility, market trading volume, social media activity, market research, Bitcoin's market share, and Google search trends.

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08 августа 2024 03:34

Goldman Sachs CEO: The Fed is not expected to cut interest rates urgently, and may cut interest rates 1-2 times in the fall

Goldman Sachs CEO David Solomon predicted that the Federal Reserve will likely avoid emergency rate cuts, as he expects the US economy to remain stable and avoid a recession. In an interview, Solomon indicated that while there may be no significant economic progress before September, he anticipates one or two rate cuts by the Fed this fall based on current economic data and signals from the Federal Reserve.

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08 августа 2024 03:15

Michael Saylor: Bitcoin is a scarce, valuable digital asset

Michael Saylor, founder of MicroStrategy, compared buying Bitcoin for strategic reserves to the historical Louisiana Purchase, emphasizing its potential impact. He supports the Bitcoin Strategic Reserve Act proposed by Senator Cynthia Lummis, which aims for the U.S. Treasury to accumulate 1 million bitcoins, nearly 5% of the total supply. Saylor views Bitcoin as a valuable, scarce digital asset, likening its future importance to that of the Louisiana Territory's historical value. He highlighted the Bitcoin 2024 conference as a pivotal event that garnered significant political support and suggested that if nations invest in Bitcoin, it would encourage institutions, companies, and individuals to do the same.

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08 августа 2024 02:50

BlackRock Submits SEC Filing Notice to List and Trade Options on its Ethereum Spot ETF

Nasdaq and BlackRock are set to launch options trading on BlackRock's spot Ethereum ETF, the iShares Ethereum Trust (ETHA). According to SEC filings, this move aims to offer investors a cost-effective way to gain exposure to spot Ethereum and to use options for hedging. The SEC has a 21-day comment period on the proposal, with a final decision expected around early April 2025, according to Bloomberg analyst James Seyffart.

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08 августа 2024 02:34

Arthur Hayes: The dissolution of the yen carry trade may cause global market turmoil, and cryptocurrencies face significant volatility

Arthur Hayes warned that Japan's unwinding yen carry trade could disrupt global financial markets. He expects potential interventions by the Bank of Japan and US authorities to stabilize markets. For Bitcoin, Hayes suggested that its performance could signal market expectations about these interventions. If Bitcoin rises with yen fluctuations, it implies confidence in rescue measures. Conversely, if Bitcoin moves with traditional markets, it suggests skepticism. Hayes advised cautious leverage use and vigilant position monitoring to avoid liquidation risks.

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08 августа 2024 01:56

Wintermute Founder Clarifies ETH Transactions Amid Speculation

Wintermute CEO Evgeny Gaevoy addressed questions on social media about recent ETH sales, clarifying that the firm has been buying ETH. He did not specify if purchases were OTC or via trading platforms. Previously, Wintermute transferred significant amounts of ETH to Binance, including 17,368 ETH on August 7 and 22,460 ETH on August 5. Gaevoy did not comment on these transactions.

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08 августа 2024 00:57

Arbitrum now supports USDC as a custom gas payment token

According to official news, Arbitrum Orbit chain can now use USDC as a custom Gas token. This integration opens the door to building new applications, including applications that require payment channels to achieve a frictionless user experience.

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08 августа 2024 00:08

Bloomberg: MicroStrategy founder personally holds over $1 billion worth of Bitcoin

Bloomberg reported that MicroStrategy founder Michael Saylor said he personally holds more than $1 billion worth of Bitcoin.

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07 августа 2024 23:16

Do Kwon's extradition to Korea is still pending

The Supreme Court panel will decide by the end of the week whether to delay the extradition of cryptocurrency king Hyong Do Kwon to his home country.

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07 августа 2024 22:23

New York Fed: Ethereum builders largely complied with Tornado Cash sanctions

According to Coindesk, a new report from the Federal Reserve Bank of New York stated that Ethereum block builders have largely cooperated with the sanctions on Tornado Cash.

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