Money & Crypto News

07 августа 2024 13:29

WOO X Launches Pre-Listed Perpetual Futures Market, Will List Orderly Network Tokens

On August 7, cryptocurrency trading platform WOO X announced the launch of its pre-listed perpetual futures market, which includes the highly anticipated and unlisted Orderly token. This product allows traders to invest in tokens before they are officially launched, providing a unique opportunity to participate in early market.
The pre-launched perpetual futures contracts on WOO X are designed to enable traders to participate in price discovery and hedging strategies before the official launch of tokens. This product addresses the investment craze around major airdrops and token generation events (TGEs), allowing traders to take advantage of potential market dynamics.

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07 августа 2024 12:29

Gate CEO Dr. Han Lin attended ABS 2024: Are we still at the starting point of a revolutionary era?

On August 7, the 2024 Asian Blockchain Summit was grandly opened in Taipei. Gate Web3 attended the summit as a platinum sponsor. Gate founder and CEO Dr. Han Lin delivered a keynote speech on "The Transformation of Cryptocurrency", deeply analyzing the development history and current situation of the encryption industry, and discussing the future development of blockchain technology.

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07 августа 2024 11:29

LDO, TON, and NEIRO rank at the top of Smart Money's 24-hour inflow list

On August 7, according to Nansen data, Smart Money's 24-hour Ethereum network fund inflow tracking list is as follows:
LDO: $740,000 inflow, currently quoted at $1.113, a 24-hour drop of 3.63%;
TON: $450,000 inflow, currently quoted at $5.743, a 24-hour increase of 3.51%;
NEIRO: $270,000 inflow, currently quoted at $0.247, a 24-hour increase of 12.57%.

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07 августа 2024 10:29

Cyvers Alerts: Nexera proxy contract has suspicious transactions, with a total loss of approximately $1.5 million

On August 7, according to the monitoring of the Cyvers Alerts system, there was a suspicious transaction in the on-chain order book protocol Nexera proxy contract. A certain address obtained ownership of the proxy contract and upgraded it. Soon after, the address used the withdrawal management function to transfer all NXRA tokens.
The address is currently selling all tokens in exchange for ETH, and some funds have been bridged to the BNB chain, with a total estimated loss of approximately $1.5 million.

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07 августа 2024 09:44

Nexera: The team is investigating a vulnerability involving the NXRA token smart contract, and the NXRA token contract has been suspended

According to news on August 7, Nexera stated on social platforms that the team is investigating vulnerabilities involving smart contracts containing NXRA tokens. Although the results of the investigation are still being finalized, some content can be shared: · The NXRA token contract has been suspended. Trading on decentralized exchanges has been suspended, and we are working with centralized exchanges to suspend trading; · Everyone is advised to stop trading. We are continuing to investigate the vulnerability and will return as soon as possible with next steps.

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07 августа 2024 08:54

Mining company Core Scientific signs new hosting agreement with CoreWeave, expected to increase revenue by $2 billion

On August 7, Bitcoin mining company Core Scientific (CORZ) said in a statement that it had exercised the option in the previous contract to host approximately 112 megawatts (MW) of additional GPUs for "AI hyperscale" company CoreWeave.
The new contract will take effect from the first half of 2026 and is expected to add approximately $2 billion in additional revenue, bringing total revenue to $6.7 billion. The statement added that CoreWeave will cover all capital investment costs required to prepare Core Scientific's existing mining infrastructure for HPC.

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07 августа 2024 07:54

FalconX: Institutions are buying the dip in this round of plunge, and the buy/sell ratio today exceeds 50%

On August 7, digital asset broker FalconX issued a statement saying that institutions are buying the dip in this plunge. Today, it noticed that almost all investors are net buyers, including proprietary trading departments (57% of total buy-side traffic), hedge funds (63%), venture funds (61%) and retail aggregators (72%).

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07 августа 2024 07:29

Symbiotic: Due to a temporary problem with the domain name registrar, the front end cannot be opened temporarily

On August 7, the re-pledge agreement Symbiotic issued a statement saying that due to a temporary problem with the domain name registrar, the front end of the Symbiotic website cannot be opened temporarily.
All user funds are safe and everything will be resolved quickly. Users can access personal funds at any time through contract deployment.

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07 августа 2024 06:31

Hong Kong legislator: A legal system for the circulation of RWA tokens should be formulated and issued in due course

On August 7, Hong Kong Democratic Alliance for the Betterment and Progress of Hong Kong Legislative Council member Chen Zhongni wrote an article entitled "Empowering the Application and Development of Web3.0 in the Financial Industry", in which he pointed out that the Hong Kong government must vigorously develop Web3.0 infrastructure that can support the long-term development of Web3.0.
Hong Kong must actively guide the exploration of innovative combinations of Web3.0 and traditional finance, such as data connectivity between government departments and banks, traditional financial payments and settlements, personal and corporate credit business, supply chain finance, etc., promote the standardization of asset chain protocols, and formulate and issue a legal system for the circulation of RWA tokens in due course to promote seamless integration, data sharing and asset transfer between the two ecosystems of traditional finance and virtual assets.

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Money & Crypto News

07 августа 2024 05:43

Opinion: Bitcoin volatility reaches 20-month high, traders are hedging against potential further declines

the Bitcoin Volmex Implied Volatility Index surged to 97.14, its highest level since the FTX crash in November 2022. On the same day, Bitcoin's price dropped to $49,813. Although Bitcoin's price has since partially recovered, traders remain cautious and expect further declines. Ed Hindi, CIO of Tyr Capital, noted that traders are increasingly buying put options and put spreads on BTC and ETH to hedge against potential losses.

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07 августа 2024 05:31

Over 400,000 BTC transferred to long-term holders in the past month

CryptoQuant founder and CEO Ki Young Ju wrote that in the past 30 days, 404,448 BTC have been transferred to long-term holders. "This is obviously a large accumulation phenomenon."

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07 августа 2024 05:14

The SOL/ETH exchange rate briefly broke through 0.06, with a 24-hour increase of 8%.

The SOL/ETH exchange rate briefly surpassed 0.06 and is currently at 0.05984, marking an 8% increase over the past 24 hours. The rate reached a record high of 0.0616 on September 9, 2021.

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07 августа 2024 05:09

A whale sold 320 BTC and made a profit of over 90%

Over the past 36 hours, a whale with a 91% return on investment sold 320 BTC. This address had previously accumulated a large amount of WBTC at an average price of $26,176 during last year's bear market. The total profit from this investment is now $21.3 million, with a 91.3% gain. Currently, the address still holds 250 WBTC, valued at approximately $14.3 million.

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07 августа 2024 04:44

GFT rose more than 60% in 24 hours and is currently reported at $0.0502

according to HTX market data, GFT rose by more than 60% in 24 hours, temporarily reporting $0.0502.

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07 августа 2024 04:18

FETH had a net inflow of $16.2 million, and ETHV had a net inflow of $16.6 million.

several Ethereum-related assets saw net inflows: FETH had $16.2 million, ETHV had $16.6 million, Grayscale ETH had $7.6 million, ETHW had $7.2 million, and EZET had $900,000. In contrast, Grayscale ETHE experienced a net outflow of $46.8 million.

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07 августа 2024 12:54

NEIRO (Neiro) has tripled after listing on HiBT, breaking the historical high and now priced at $0.2725

On August 7, according to HiBT market data, NEIRO (Neiro) has tripled after listing, breaking the historical high and now priced at $0.2725.
NEIRO is a meme coin on the Ethereum chain.
HiBT ​​is a world-renowned digital asset trading platform that is committed to providing users with early trading opportunities and smooth trading experience for high-quality potential projects, allowing users to easily achieve the growth of digital assets.

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07 августа 2024 11:54

A whale sold 540 WBTC in the past two days, making a profit of about $15.5 million

On August 7, according to Lookonchain monitoring, a whale sold 540 WBTC (US$29.6 million) at an average price of US$54,853 in the past two days, making a profit of about US$15.5 million.
The whale bought 721 WBTC from Binance at an average price of US$26,191 between August 21 and August 25, 2023.

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07 августа 2024 10:54

X platform was exposed to test payment services: involving transactions, balances and transfers, etc.

On August 7, developer Nima Owji tweeted yesterday, revealing that Musk's X platform will launch XPayments payment services, involving transactions, balances and transfers, etc.
Musk had previously revealed plans to provide financial services on the X platform, including deposits, transfers to others, access to high-yield currency markets, etc.

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07 августа 2024 09:54

Former New York Fed President: The Fed's turbulence has just begun

On August 7, the unsettling question of whether the Federal Reserve has gone too far in fighting inflation, causing the world's largest economy to fall into a destructive recession, shook the long-standing calm of global markets.
Expect more turbulence before the answer comes. Former New York Fed President Bill Dudley said that two weeks ago, he switched from hawkish to dovish, no longer supporting rate hikes, and instead advocated an immediate rate cut to avoid a recession. It turns out that the timing is not too early.

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07 августа 2024 09:29

NMT holding addresses exceed 27,000, and may be listed on CEX soon

On August 7, the decentralized computing platform NtMind.AI released a recent milestone review. Its native token NMT has reached a fully diluted market value of US$452 million on both chains since its launch in February this year.
NMT currently has more than 27,000 holders. It is not a MEME or hype token, but acts as a key role, allowing holders to purchase NtMind.AI's powerful computing infrastructure and services, thereby providing real practicality.

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07 августа 2024 08:29

The U.S. Department of Homeland Security has charged a man with a cryptocurrency recovery scam

On August 7, the U.S. Homeland Security Investigations (HSI) Task Force recently launched an investigation into a fraudulent cryptocurrency recovery operation and has charged a Las Vegas man (Michael Lauchlan).
The man's CDN network claimed to provide services such as blockchain analysis, tracking, and recovery of lost cryptocurrency for a fee. However, instead of recovering the assets, Lauchlan allegedly kept the fees, in some cases extracted additional Ethereum assets, and issued false promises and fake blockchain tracking reports to customers.

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07 августа 2024 07:29

Barefoot Mining CEO: Bitcoin block space will be “financialized” in next 15 years

According to news on August 7, Bob Burnett, CEO of Barefoot Mining, a Bitcoin mining company that provides mining services, said that as Bitcoin becomes more and more common in the world economy, in a certain At certain times and dates the need to access block space will increase. This demand will give rise to a block space futures market, where mining companies will offer their products (block space) to bidders who need access to the Bitcoin network to trade.

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07 августа 2024 06:54

Kelp DAO will release the Gain function to support multiple L2 airdrop integrations

On August 7, the Ethereum re-staking platform Kelp DAO announced that it will release the Gain function on August 13, which will bring multiple airdrops and reward boosts to users by centralizing multiple L2s in one place.

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07 августа 2024 05:54

Brazil’s Securities Regulator CVM Is Probing Tokenization Activities

Brazil’s securities regulator, CVM, is investigating tokenization activities within the country. The CVM has requested information from companies providing tokenization services, including details on the number of operations conducted, the assets backing these tokens, and the classification of the tokens (such as utility, payment, or securities tokens).

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07 августа 2024 05:33

Paris Olympics venues hit by cyberattack, hackers demand cryptocurrency ransom

Hackers targeted multiple venues linked to the 2024 Paris Olympics and about 40 museum shops across France, demanding cryptocurrency ransoms. They exploited data processing systems to gather sensitive financial information from these tourist attractions, including the Grand Palais Museum, slated to host Olympic events. The attackers threatened to publicly release the travel website's financial data unless their ransom demands were met.

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07 августа 2024 05:23

ETH/BTC exchange rate "dead bulls" increased their holdings by 4,336 ETH and 87.8 WBTC

James Fickel, known as "dead bull," recently invested 11 million USDC to purchase 4,336 ETH and 5 million USDC for 87.8 WBTC over the past 12 hours. Previously, he had borrowed WBTC from Aave between January and July, totaling 2,987 WBTC (valued at approximately US$168.8 million), which he exchanged entirely for ETH to take a long position on the ETH/BTC exchange rate. His average cost for the ETH/BTC exchange rate stands at around 0.054.

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07 августа 2024 05:10

Hyperliquid’s 24-hour trading volume hits a record high, exceeding $4.3 billion

the decentralized perpetual contract trading protocol Hyperliquid’s trading volume hit a record high in the past 24 hours, exceeding $4.3 billion. At the same time, its network traffic also hit a record high, and all services were normal without downtime.

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07 августа 2024 04:51

Japanese stock market rebounds violently by 10%

the Nikkei 225 Index rose by 9.7% and the Topix Index rose by 10%.

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07 августа 2024 04:31

Nikkei 225 index gains up 9%

the Nikkei 225 index continued to strengthen, with the increase expanding to 9%.

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07 августа 2024 04:05

Renzo opens up second season airdrop enquiries

The Ethereum re-staking protocol Renzo has launched the airdrop query for the second quarter. According to BlockBeats, Renzo completed the snapshot for this period on July 26. The team is currently working on calculating enhancement effects, identifying Sybils, and analyzing the data.

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