Money & Crypto News

06 августа 2024 10:54

OKX is about to launch MAX and ONDO leveraged trading, perpetual contracts and simple money earning

On August 6, according to the official announcement, OKX is about to launch MAX and ONDO leveraged trading, perpetual contracts and simple money earning.
OKX will officially launch MAXUSDT perpetual contracts on the web, App and API at 4:30 pm (UTC+8) on August 6, 2024, and launch MAX/USDT leveraged trading and simple money earning at 4:00 pm (UTC+8) on August 6, 2024.

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06 августа 2024 09:54

Meme coins rebounded across the board, with new meme coins such as HITMAN and NEIRO leading the gains

On August 6, according to CoinGecko market data, meme coins rebounded across the board along with the broader market.
Among the old meme coins, DOGE rose 12.6% in 24 hours, SHIB rose 18.6% in 24 hours, and PEPE and WIF both rebounded nearly 20%;
Among the new meme coins, FWOG rose 92.4% in 24 hours, NEIRO on the Ethereum chain rose 82.8% in 24 hours, and HITMAN (the same-name meme of Turkish Olympic shooting athlete Yusuf Dikec) on the Ethereum chain rose 113.1% in 24 hours.

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06 августа 2024 08:58

Former Synthetix Treasurer says he lost all his SNX in liquidation: he has nothing and can't support his family

On August 6, former Synthetix Treasurer SynthaMan tweeted yesterday that he lost all his SNX tokens due to liquidation.
SynthaMan said he has held SNX since IC0 and has never sold one, but now he has nothing. As a father of five, he admitted that he didn't know how to make a living and said he was shaking and crying because he couldn't support his family.
SynthaMan called on anyone who has a job opportunity related to cybersecurity or security research to contact him, and he is willing to work hard to support his family.

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06 августа 2024 07:57

Former Synthetix Treasurer: Lost all SNX due to liquidation, can no longer support his family

On August 6, former Synthetix Treasurer SynthaMan tweeted yesterday that he lost all his SNX tokens due to liquidation. SynthaMan said that he has held SNX since IC0 and has never sold a single one, but now he has nothing. As a father of a family of five, he admitted that he didn't know how to make a living and said that he was shaking and crying because he could no longer support his family.

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06 августа 2024 06:54

Jump Trading deposited 440 million USDC into Coinbase, which may be exchanged for US dollars

On August 6, according to Lookonchain monitoring, since Jump Trading started selling ETH on July 24, it has withdrawn 606 million USDC from Binance and deposited 440 million USDC into Coinbase, which may be exchanged for US dollars at a ratio of 1:1.

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06 августа 2024 05:56

Harris officially wins Democratic presidential nomination

US Vice President Harris officially won the Democratic presidential nomination.

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06 августа 2024 05:48

MAX breaks new high of $0.37, up 80% in 24 hours

market data showed that MAX broke through $0.37 and is now at $0.366, up 80% in 24 hours.

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06 августа 2024 05:38

L2 Network Mode opens the first season of the airdrop claim channel for users who hold assets on Mode

Mode, a modular DeFi L2 network, has announced that the Season 1 vested airdrop is now available for collection. Eligible users with assets on the Mode network can access the airdrop via the collection link in the Update/Notification tab on the Mode dashboard. Additionally, users can earn high APY rewards in OP tokens by staking MODE tokens on the dashboard. Using Mode in ecosystem applications can also increase reward multipliers by up to five times.

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06 августа 2024 05:28

Amber wallet deposited 1,150 MKR to Binance 1 hour ago, or lost $423,000

According to The Data Nerd, a wallet, presumably linked to Amber, deposited 1,150 MKR (approximately $2.2 million) into Binance an hour ago. If sold at the current price, this would result in a $423,000 loss. The wallet then transferred 6,919 MKR to another wallet (0x909), reflecting a floating loss of about $2.52 million.

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06 августа 2024 05:21

The Ministry of Finance, the Bank of Japan and the Financial Services Agency will hold a meeting at 3 p.m. local time.

the Japanese Ministry of Finance, the Bank of Japan and the Financial Services Agency will hold a tripartite meeting at 3 pm Japan Standard Time (2 pm Beijing time).

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06 августа 2024 05:19

Analysis: Initial cost of Bitcoin for ETF/custodial wallet is $65,000, while for mining companies it is $45,000

CryptoQuant CEO Ki Young Ju shared Bitcoin cost basis data on X, revealing the following:

📌ETF/custodial wallet cost basis: $65,000
📌Binance trader cost basis: $55,000
📌Mining company cost basis: $45,000 (historically, a key level marking market downturns)
📌Old whale cost basis: $22,000

The cost basis, which represents the initial purchase price of an asset, is crucial for assessing changes in value and for tax calculations.

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06 августа 2024 05:07

Binance Futures Copy Trading Adds ZRO U-margined Perpetual Contract

according to the official announcement, Binance contract copy trading will add ZROUSDT U-based perpetual contract at 16:00 on August 6, 2024 (Eastern Time Zone 8).

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06 августа 2024 04:52

U.S. crypto stocks fell further in the night session, with MicroStrategy falling more than 16%

the decline of crypto stocks in the night session of the US stock market widened, with CleanSpark falling by more than 20%, MicroStrategy and Marathon Digital falling by more than 16%, and Coinbase and Riot Platforms falling by more than 13%.

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06 августа 2024 04:33

OOY will open Matr1x (MAX) trading at 6:00 pm today, and the call auction will start one hour in advance

According to official news, EUREX will begin trading Matr1x (MAX) against USDT at 6 pm today. Additionally, the call auction period will run from 5:00 pm to 6:00 pm (UTC+8).

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06 августа 2024 04:20

The total market value of cryptocurrencies fell below $2 trillion, a single-day drop of 9.4%

according to CoinGecko data, the total market value of cryptocurrencies fell below $2 trillion, now at $1.986 trillion, a single-day drop of 9.4%.

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06 августа 2024 10:29

Upbit adds PENDLE Korean Won and BTC markets

On August 6, according to the official announcement, Upbit added PENDLE Korean Won and BTC markets.
Deposits will be opened within 2 hours after the announcement, and trading is expected to open at 18:00 (Korean time). Only deposits and withdrawals of the designated network (PENDLE-Ethereum) are supported. The withdrawal fee of PENDLE is free within 24 hours after opening, and then the fee will be charged.

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06 августа 2024 09:29

CoinShares Q2 revenue was £22.5 million, up 110% year-on-year

On August 6, CoinShares announced its Q2 2024 results, with Q2 revenue of £22.5 million, up 110% year-on-year from £10.7 million in Q2 2023. As a result, CoinShares' total comprehensive income in Q2 2024 was £25.8 million (£5.3 million in the second quarter of 2023).
In addition, CoinShares successfully completed the sale of its FTX claims on June 24, achieving a net brokerage fee recovery rate of 116%, translating into a return of £28.7 million.

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06 августа 2024 08:31

USDC Treasury minted 50 million new USDC and transferred them to Coinbase

According to financial reports, according to WhaleAlert monitoring, around 1:31 am Beijing time on the 6th, 50 million USDC (50 million US dollars) were minted in USDC Treasury and then transferred to Coinbase.

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06 августа 2024 07:35

AI project gm. ai has completed the first season snapshot and opened the exchange window

On August 6, the AI ​​project gm .ai launched by the founder of Whales Market announced that it has completed the snapshot and opened the exchange window for Diamonds to GM. Users have 24 hours to exchange.
The project party said that in order to ensure fairness and prevent robot operations, each user will reserve 20,000 Diamonds for the second season. Yesterday, the founder of gm .ai said that the launch time of GM tokens may be postponed again.

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06 августа 2024 06:31

Arthur Hayes: The financial market may experience a second shock, and the problem of over-leverage is about to emerge

On August 6, BitMEX co-founder Arthur Hayes posted on X that the first wave of shocks in the financial market has passed, and now the problem of over-leveraged investors in the traditional financial field is waiting to emerge.
He expects the second wave of shocks to begin soon, and hinted that if there is a rescue, the market may need to experience more adjustments before this Friday. The current respite is only temporary, and market volatility will continue.

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06 августа 2024 05:54

Top trader Eugene: Worried about a deep economic recession, it is recommended that the priority now is to preserve assets

Top trader Eugene Ng Ah Sio shared his long-term market views on social media, highlighting the following points:

💥He avoids going long in markets with high uncertainty and weakness.
💥He previously bought altcoins but stopped after Bitcoin fell below $60,000, stating he won’t buy them again soon.
💥He attributes the recent decline to US election uncertainty and unwinding yen carry trades, expressing concern about a potential deep recession and its unknown impact on cryptocurrencies.
💥Despite recent sharp declines, he observes ongoing market complacency, with some bulls expecting a quick recovery, which may lead to more losses if the market conditions worsen.
💥He advises prioritizing capital preservation and notes that market conditions since August have been particularly challenging.

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06 августа 2024 05:39

OpenAI co-founder John Schulman: Leaving OpenAI is a personal decision and will return to actual technical work

John Schulman, a co-founder of OpenAI, announced on X that his departure from the organization was a tough decision driven by his interest in AI alignment and a desire to return to technical work. He believes he will gain new perspectives at Anthropic, a company founded by former OpenAI researchers. Schulman clarified that his move was not due to a lack of support for alignment research at OpenAI, as the company has been committed to this area.

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06 августа 2024 05:31

Coinbase Chief Legal Officer Responds to Molly White’s Latest Complaint: Confiscated Crypto Assets Are Not Funded by Congress

In response to a complaint filed by cryptocurrency critic Molly White and Public Citizen to the Federal Election Commission accusing Coinbase of violating U.S. campaign finance laws, Coinbase Chief Legal Officer Paul Grewal stated that the confiscated crypto assets are not congressional appropriations and emphasized that Coinbase’s operations are not funded by taxpayer dollars. Grewal criticized the complaint as lacking expertise in election law and questioned its motives and funding. He also highlighted Coinbase's commitment to cooperating with federal law enforcement and mentioned the company's donations to both Democratic and Republican super political action committees for the 2024 elections, dismissing claims of political bias.

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06 августа 2024 05:27

Vitalik: Arbitrum and Optimism have implemented the first phase of full-EVM rollups, and we look forward to seeing the first ZK-EVM rollups

Vitalik said on his social platform that Arbitrum and Optimism deserve praise. They are the first to implement the first phase of full-EVM rollups, and look forward to seeing the first ZK-EVM rollups.

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06 августа 2024 05:20

ZKsync-Powered Cryptocurrency Trading Platform GRVT Launches Public Beta

The cryptocurrency trading platform GRVT, which supports ZKsync, has launched its public testnet. This test focuses on evaluating account management, trading functions, and the native biometric self-hosted GRVT wallet. As ZKsync's first official Validium ZK chain, GRVT offers self-managed assets, off-chain order matching, and on-chain settlement with a transaction speed of up to 600,000 transactions per second. The first 30,000 users who complete KYC verification can win 2.4 million ZK tokens and 600,000 lottery tickets.

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06 августа 2024 05:09

Ethereum falls back below $2,500

according to HTX market information, Ethereum fell back below $2,500 and is now quoted at $2,498.31, with a 24-hour increase of 7.88%.

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06 августа 2024 04:54

The US dollar index fell below 103, hitting a new low since March 14

the U.S. dollar index DXY fell back below 103, hitting a new low since March 14, down 0.22% on the day.

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06 августа 2024 04:46

Ethereum has about $29.1 million in on-chain loan liquidation quota around $2,324

According to DefiLlama data, Ethereum currently has around $29.1 million in on-chain loan liquidation quotas at approximately $2,324. If Ethereum's price drops by 20%, the liquidation quotas would increase to about $164.4 million.

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06 августа 2024 04:22

Bitcoin quickly rebounds to $54,600, Ethereum rebounds above $2,350

According to HTX market information, Bitcoin has rebounded to $54,670, and Ethereum has risen to $2,351.12.

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06 августа 2024 04:16

Ethereum network gas fees soar to 681Gwei

Etherscan data showed that ETH Gas fees soared to 681Gwei, possibly due to on-chain liquidation.

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