Argent launches Telegram accelerator program
The smart contract wallet Argent has launched the Telegram Accelerator Program, which aims to connect Telegram users to Ethereum and Starknet. Currently, application channels are open and will close on November 1st. The official will fund up to 20 high-quality teams, with each team receiving $25,000 in start-up capital and up to $1 million in subsequent funding.
2024-10-11 16:07:30
Crypto Stakeholders Jarretts Sue IRS Again Over Block Rewards Tax
Tezos network equity holders Josh Jarrett and his wife Jessica Jarrett have once again filed a lawsuit against the US Internal Revenue Service (IRS) regarding the tax treatment of their tokens. In the latest lawsuit filed on October 10th in the Tennessee federal court, the Jarretts argued that the tokens they created through staking should be considered property and only taxable upon sale, not before. They believe that staking tokens involves creating a "new property" because no one else owned them before, making them similar to "a farmer's crop, a writer's manuscript, or a manufacturer's product" in that they do not generate any income before being sold.
2024-10-11 16:07:28
French Custody Bank CACEIS Launches New Digital Asset Custody Framework to Support Access to Native Cryptocurrency Market Funds
Major French custodian bank CACEIS announced that it has supported access to native cryptocurrency money market funds (MMF) and launched a new digital asset custody architecture.CACEIS is a subsidiary of Crédit Agricole Group, with assets under management exceeding 8 trillion euros. In May of this year, the company announced the establishment of a dedicated digital asset business line and previously worked with technology company Taurus to carry out custody and tokenization business. Recently, the company also obtained a license from a Spanish digital asset service provider (DASP).
2024-10-11 16:07:27
Affected by the news of the theft of $35 million fwDETH, the price of fwDETH fell by more than 95% to $85
According to market data, after the "35 million US dollars fwDETH theft case" occurred earlier today, the price of Blast chain's ETH wrapped token fwDETH dropped by more than 95% to around 85 US dollars, and has since continued to rise to 700 US dollars. The 24-hour decline is still at 63.77%, and is in a severe anchor state. Earlier reports stated that a whale address suffered a phishing attack earlier today, losing 15,079 fwDETH coins, worth about 35 million US dollars. On-chain data analysis agency Lookonchain said the address may be related to Continue Capital.
2024-10-11 16:07:26
UNI breaks through $8
Influenced by the news of Uniswap Labs launching the Layer2 network Unichain, UNI has broken through $8 and is currently trading at $8.01, with a 24-hour increase of 10.94%. The market is volatile, please exercise caution in risk control.
2024-10-11 09:48:20
SOL breaks through $140
The market shows that SOL has exceeded $140 and is currently trading at $140.01, with a 24-hour decline of 1.06%. The market is volatile, so please be prepared for risk control.
2024-10-11 09:48:18
US CPI is higher than expected, US stocks open lower
US stock market opened with the Dow Jones falling 60 points, the S&P 500 index falling 0.28%, and the Nasdaq falling 0.5%. The US September CPI annual rate was higher than market expectations. Chinese concept stocks rose against the market, with the Nasdaq China Golden Dragon Index up 1%.
2024-10-11 09:48:16
Ubisoft to launch its first Web3 game on the Oasys blockchain
French video game company Ubisoft announced that its first game to use Web3 technology, "Champions Tactics: Grimoria Chronicles," will be released on October 23 and will be deployed on the Oasys Layer2 network Home Verse, which is a blockchain-driven Web3 gaming ecosystem.
2024-10-11 09:48:14
An address holding 100 BTC was activated after lying dormant for 12.7 years
According to Whale Alert, a chain data tracking service, at around 9:03 am Beijing time, a certain dormant Bitcoin address was activated, containing 100 Bitcoins and a floating profit of nearly 6 million US dollars.
2024-10-11 09:48:12
Trump family project WLFI plans to launch governance platform and run separate instances on Ethereum and Scroll
The Trump family's encrypted project World Liberty Financial (WLFI) has released its vision, which aims to become a one-stop service platform for DeFi. It combines the leading technology of the blockchain industry with strategic partnerships and extensive distribution channels to achieve large-scale adoption. WLFi will also launch a governance platform to help shape the protocol through governance. In addition, WLFi plans to run independent "instances" on Ethereum and Scroll, subject to approval by the WLFi governance platform.
2024-10-11 09:48:11
BlockTower received 653,000 EIGEN from Wintermute address 10 hours ago
BlockTower sold 1,815 MKR through Galaxy Digital and received 653,000 EIGEN (worth $2.38 million) from the Wintermute address 10 hours ago, as monitored by on-chain analyst Yu Jin. They likely bought EIGEN with the proceeds from the sale of MKR through Wintermute, which means their cost of buying EIGEN was $3.65.
2024-10-11 09:48:09
Bitnomial sues SEC over XRP futures, questions agency’s continued claim that XRP is a security
FOX Business has learned that the US Securities and Exchange Commission (SEC) still believes that the cryptocurrency XRP is a security. This news was revealed after the cryptocurrency derivatives exchange Bitnomial filed a lawsuit on Thursday evening, accusing the top cop on Wall Street of claiming that the SEC has jurisdiction over a planned futures contract that tracks the price of XRP, the seventh-ranked digital asset by market cap. Bitnomial is regulated by the Commodity Futures Trading Commission, a sister agency of the SEC. After the SEC's lawsuit against blockchain payment company Ripple was settled, Bitnomial self-certified XRP-US dollar futures contracts in August.
2024-10-11 09:48:07
New York Fed survey: Wall Street banks still expect the Fed to end its balance sheet reduction in April next year
Several of the largest banks on Wall Street predict that the Federal Reserve will end the process of reducing its balance sheet in April of next year, which is consistent with their expectations in July. A survey conducted by the New York Fed of so-called primary market dealers before the Fed's interest rate meeting last month showed that "most dealers said they expected the end of balance sheet reduction to depend on the assessment of reserve levels, overnight reverse repurchase agreements, or upward pressure on money market rates relative to administered rates. Some dealers said macro factors posed risks to the prospect of ending the balance sheet reduction." The Federal Reserve's current balance sheet is about $7 trillion.
2024-10-11 09:48:05
Optimism opens airdrop application for the fifth season, distributing over 10 million OP
Ethereum L2 network Optimism announced the opening of the fifth season airdrop application, distributing over 10 million OP tokens to 54,000 independent addresses. Users who interacted with at least 20 independent contracts on the superchain between March and September 2024 and had a contract-to-transaction ratio of 10% are eligible to receive the airdrop, with different airdrop multipliers based on their interaction history.
2024-10-10 11:07:46
Stripe products are officially launched and support USDC payments
On October 10th, payment service provider Stripe has officially launched and supported USDC payments. Buyers can pay USDC from Ethereum, Solana, and Polygon chains, and allow US businesses to directly receive US dollars.
2024-10-10 11:07:42
a16z Crypto founder: The crypto market has overcome many technical obstacles, and the US government still needs to further clarify regulation
Chris Dixon, the founder of a16z Crypto, recently discussed his views on stablecoin regulation and the need for further clarification of regulations by the US government.
2024-10-10 11:07:38
Investment institution BlockTower Capital sold 1,815 MKR through Galaxy Digital 7 hours ago
According to on-chain analyst Yu Jin, as reported by Jinse Finance, investment firm BlockTower sold 1,815 MKR (worth $2.48 million) via Galaxy Digital 7 hours ago. BlockTower Capital had acquired 12,502 MKR from Coinbase/FTX/Kraken and other CEXs at an average price of $1,055 between May and November 2022. They began selling MKR in December last year and have sold a total of 7,664 MKR (worth $11.62 million) over the past 10 months at an average price of $1,516, realizing a profit of $3.53 million from this sale. They currently hold 7,662 MKR (worth $10.37 million).
2024-10-10 11:07:34
An address redeemed 4,483 staked ETH from Ether.fi 11 hours ago, worth $11.04 million
According to on-chain analyst @ai_9684xtpa, That 4483 staked ETH (worth $11.04 million) was redeemed from Ether.fi 11 hours ago and then deposited into Binance. If sold, it would result in a loss of $510,000. The individual had previously withdrawn 9002 ETH (worth $23.19 million) at an average price of $2576 over the past nine months, and the current deposit was made at a price of $2462.
2024-10-10 11:07:28
Trump promises to end double taxation of Americans abroad
US Republican presidential candidate Donald Trump said in a statement to overseas voters that he will terminate the collection of income tax from Americans living in other countries. This is the latest tax proposal in his 2024 election campaign. This commitment can simplify the tax obligations of American citizens living overseas. Americans living anywhere in the world must submit tax information to the US Internal Revenue Service and must pay US taxes in addition to paying taxes in their country of residence. This commitment requires congressional approval and, according to the US State Department, could potentially reduce the tax bills of approximately 9 million Americans living overseas. (Jinshi)
2024-10-10 11:07:23
US spot Bitcoin ETF had a net outflow of $30.56 million yesterday
As monitored by Trader T, the net outflow of the US spot Bitcoin ETF was $30.56 million yesterday.
2024-10-10 11:07:18