Coinbase spokesperson: Harris did not directly accept cryptocurrency donations, but her PAC accepted
Coinbase CFO Alesia Haas said at a Citigroup event on Wednesday that Harris "is receiving cryptocurrency donations," which seems to be inaccurate.
2024-09-05 09:57:40
JPMorgan: Fed rate cuts may not be enough to further boost stocks
Including Morgan Stanley strategist Mislav Matejka, stock market sentiment and position indicators do not look attractive. Although the Federal Reserve will implement loose monetary policies to address the slowdown in growth, it may not be enough to further boost the stock market and push it to record levels. In addition, political and geopolitical uncertainty is on the rise, making seasonal factors in September more challenging.
2024-09-03 09:52:30
OKX Launches Automated Execution for Funding Rate Arbitrage Strategy
OKX has introduced an automated execution feature for the "funding rate arbitrage" strategy, which enables traders of all levels of experience to increase their returns. This new offering allows retail investors to take advantage of the bi-legged crypto arbitrage strategy. Eligible users of OKX's Arbitrage bot can now bypass the complexities involved in simultaneously placing opposing positions in spot and perpetual futures. The strategy involves taking advantage of pricing discrepancies between the two markets.
2024-09-03 09:52:28
Metaplanet reaches cooperation with Japanese financial giant SBI's crypto department and will continue to increase its holdings of Bitcoin
It was announced that the Japanese listed company Metaplanet has partnered with the cryptocurrency division of financial services giant SBI Group, SBI VC Trade, to support its ongoing efforts to increase its holdings of corporate bitcoin. This partnership allows Metaplanet to utilize SBI's custody services, with the aim of prioritizing tax efficiency and providing the potential to use bitcoin as collateral for financing. Metaplanet stated that as its funds grow, it will continue to explore financial instruments that offer greater financial flexibility. Metaplanet has so far acquired 360 bitcoins ($207 million) and is using its primary reserve assets as collateral to enhance its ability to obtain equity and debt financing.
2024-09-03 09:52:26
Arthur Hayes expresses his views on why the Fed's rate cut plan did not meet expectations
BitMEX co-founder Arthur Hayes posted on his personal social media that his views on the unexpected reasons for the Federal Reserve's interest rate cut plan are as follows: Since Powell announced the interest rate cut in Jackson Hole in September, Bitcoin has fallen by 10%. Why? I think the interest rate cut is beneficial for risk assets. Overnight reverse repurchase (RRP) pays a 5.3% interest rate, and there are no higher bond rates below 1 year. Money market funds (MMF) will shift funds from bonds to RRP, which is negative for liquidity. Since the Jackson Hole meeting, RRP has increased by $120 billion. I think this situation will continue as long as bond rates are lower than RRP.
2024-09-03 09:52:24
Ethereum Node Operator Risk Standard Certification Released, Blockdaemon Joins Its Working Group
On September 1st, Blockdaemon joined the industry's "first" Ethereum (ETH) node operator risk standard (NORS) certification release, establishing a new benchmark for the operational safety and risk management of Ethereum node operators. In addition, Blockdaemon has now joined the NORS development group, which "collaborates in the development, iteration, and maintenance of the standard to maintain its relevance and accuracy." It is reported that NORS certification simplifies the "due diligence process for banks and large institutions on Ethereum staking".
2024-09-03 09:52:22
BTC breaks through $58,500
According to market data, BTC has broken through $58,500 and is currently trading at $58,501.99, with a 24-hour increase of 0.95%. The market is volatile, please do risk management.
2024-09-03 09:52:22
Zhu Su: The shortage of tickets for Korea Blockchain Week KBW is a bullish signal
Zhu Su, co-founder of Three Arrows Capital, stated on social media that he heard the tickets for the Korea Blockchain Week (KBW) conference are in short supply. This is a bullish signal.
2024-09-03 09:52:20
Analysis: The ratio of Ethereum to Bitcoin spot ETF trading volume is far less than the ratio of their CEX trading volume and market value
On September 1st, Galaxy Research recently posted an article on X stating that since its launch, the trading volume of Ethereum spot ETF has been significantly lower than that of Bitcoin spot ETF, both of which are far lower than the ETH/BTC CEX trading volume and market value ratio. Multiple factors have led to this result, the most important of which is that the main trading platforms have not yet provided margin for ETHETF. To control some of these factors, such as the lack of margin availability, the performance of each product group can be compared for the first 25 days. During this period, the ratio of Ethereum ETF trading volume to Bitcoin ETF trading volume continued to decline.
2024-09-03 09:52:19
Indian private bank HDFC Bank launches unified payments interface and CBDC capabilities
HDFC Bank, a private bank in India, will launch a Unified Payment Interface (UPI) and CBDC new features at the 2024 Global Fintech Festival to enhance customers' digital banking services. These features are developed in collaboration with fintech companies such as Kreditpe, Tonetag, and Payu. The new products specifically include UPI Circle-Delegate Payment, personalized UPI experience, and user-level programmable CBDC. (Bitcoin.com)
2024-09-03 09:52:17
GameFi’s Future Unveiled at IDC Summit: Infinitar Leads with Strategic Collaborations and Innovations
At the IDC Global GameFi Summit held in Bangkok, industry elites discussed the future of the GameFi sector. The conference featured significant roundtable discussions with top venture capitalists and key opinion leaders, deeply exploring innovative technologies and emerging business models within the industry. A highlight of these discussions was Infinitar, whose 5v5 MOBA game demonstrated how advanced blockchain integration and user engagement mechanisms are redefining player experiences and value creation.
The discussions underscored the importance of community-driven initiatives and technological integration in sustaining growth in the GameFi sector, exploring how it can generate new growth opportunities in the current economic climate. The Infinitar team specifically highlighted their upcoming NFT pre-sale and global launch plans, which are expected to further drive market expansion.
Additionally, the summit announced the initiation of several key industry collaborations and development plans, including the establishment of the IDC Global Gold Mining Guild and the Web3 Innovation Fund, signaling further expansion and cooperation in the GameFi field. Infinitar and its partners are poised to lead the charge in broadening the audience and market reach for the GameFi industry, promising to shape its future direction.
Infinitar: www.infinitar.com
2024-09-02 18:35:49
Decentralized Market Maker ChainwireReformDAO Lists $RFRM Token on Top-Tier Exchanges
ChainwireReformDAO has listed its $RFRM token on Gate.io, Mexc.com, and Bitget.com after the successful launch of its market-making platform. The token provides governance capabilities and allows holders to participate in the DAO's decision-making process. The platform's multi-layered treasury system ensures efficient liquidity management and equitable profit distribution, while transparency is demonstrated through its live trading dashboard. ReformDAO plans to expand by onboarding more projects and enhancing its algorithmic trading capabilities, as well as exploring partnerships with other blockchain networks. Visit the official website or join the community on Discord and Twitter for more information.
2024-08-30 10:49:08
Io.net Partners with FLock.io to Launch Proof of Artificial Intelligence PoAI
Decentralized physical infrastructure network io.net has announced a partnership with FLock.io to launch Proof of Artificial Intelligence (PoAI), which is a consensus mechanism aimed at ensuring the integrity and scalability of decentralized artificial intelligence networks.
2024-08-30 10:49:05
Aptos announces integration of Nillion to support privacy-preserving app development
Layer-1 blockchain network Aptos announced that it is integrating Nillion to support the development of privacy protection applications. Aptos will be able to support various privacy protection applications, including confidential decentralized finance (DeFi), private AI assistants, secure social media, privacy games, and collectibles. DeFi users can benefit from private transaction execution or hidden liquidation insurance pools, while supply chains can increase transparency without revealing sensitive data.
2024-08-30 10:49:02
Indian court orders removal of scam website using cryptocurrency exchange Mudrex name
The cryptocurrency exchange Mudrex has obtained a court order requiring the Indian Ministry of Communications to shut down up to 38 websites using the company's name for fraud. The Delhi High Court made the ruling within a day of the petition being submitted on August 23, giving the ministry a week to comply. Mudrex filed a lawsuit with the court after about 15 people contacted customer support or visited the Bangalore office to report being scammed. Mudrex CEO and co-founder Edul Patel said in an interview, "We estimate that the actual number of retail investors who have been scammed may be around 1,000 people, with estimated losses of over $50,000."
2024-08-30 10:49:00
Telegram CEO is formally charged with 5 million euro bail and is prohibited from leaving France
Paris prosecutors have announced that after four days of questioning by French police, Pavel Durov, CEO of the social media platform "Telegram," has been formally placed under investigation. Durov was released under judicial supervision with the condition of paying a bail of 5 million euros and being prohibited from leaving France.
2024-08-30 10:48:58
Trump releases video about DeFi project World Liberty: Plans have been made to make the United States the capital of cryptocurrencies
Trump released a video related to the DeFi project World Liberty on X. In the video, Trump said, "Today, I have formulated a plan to make America the crypto capital of the planet. Those who want to strangle you and make you bankrupt, we will never let this happen."
2024-08-30 10:48:55
Orderly Network: Discord was hacked, do not click on any links
The decentralized liquidity platform Orderly Network disclosed that its Discord was hacked on X platform. Please do not click on any links and pay attention to fund security.
2024-08-30 10:48:55
Russia warns France not to take political action in Telegram CEO case
Russia has warned France not to take political action in the Telegram CEO case, and that charging Telegram CEO Pavel Durov with criminal charges may be viewed as "political persecution". Durov is a French citizen born in Russia and was detained in Paris for allegedly failing to control illegal content on the platform. He was released on bail but must remain in France and regularly report to the police. Kremlin spokesman Dmitry Peskov emphasized that Russian officials support Durov, who has Russian citizenship and is willing to provide assistance.
2024-08-30 10:48:53
Nigeria temporarily approves two cryptocurrency exchanges to operate
Nigeria has temporarily approved the operation of two cryptocurrency exchanges.
2024-08-30 10:48:52