Singapore police investigate Worldcoin account transactions, arrest five people
On September 10th, Singapore's Deputy Prime Minister Heng Swee Keat announced that Singaporean police are investigating seven individuals suspected of providing Worldcoin account and token trading services. This investigation involves possible violations of the Payment Services Act of 2019, and the police have arrested five people.
2024-09-10 17:10:58
A whale sold 20,000 SOL again 12 hours ago
Lookonchain monitoring shows that 12 hours ago, a whale sold 20,000 SOL coins (worth $2.66 million). Since January 1st, this whale has sold a total of 715,000 SOL coins (worth $102 million) and still has 1.84 million SOL coins (worth $246 million) pledged.
2024-09-10 17:10:57
Opinion: Ethereum network growth hits a 4-month high, ETH price may rise to $3,900
On September 10th, Santiment, a market intelligence platform, disclosed the recent positive changes in the Ethereum network on the X platform. According to data from Sanbase Pro, the growth level of the Ethereum network has significantly improved, indicating that cryptocurrency will become active again and is expected to have a bullish trend.
2024-09-10 17:10:55
A whale who hoarded 30,654 ETH through revolving loans has liquidated his position, losing $17.51 million
According to Yu Jin monitoring, a whale has accumulated 30,654 ETH (worth 88.43 million US dollars) through a cycle loan with an average price of 2,885 US dollars per ETH. Starting from September 7th, the whale began to sell ETH and has basically completed the clearance, selling 28,564 ETH (worth 64.9 million US dollars) at an average price of 2,272 US dollars, with a loss of up to 17.51 million US dollars.
2024-09-10 11:16:26
DeBox announces token economics, 20% of total BOX tokens allocated to the foundation
On September 9th, DeBox, a Web3 social platform based on DID, announced its token economics for its native token BOX, with a total supply of 1 billion. The distribution is as follows:
2024-09-10 11:16:23
Starknet will hold its first mainnet governance vote via Snapshot X on September 10
Starknet announced its first on-chain governance vote from September 10th to 13th Beijing time, marking an important milestone in its decentralization process. This vote will determine the token minting curve for staking rewards, paving the way for the first stage implementation of the Starknet staking mechanism. All STRK token holders can participate in the vote, but must complete the voting power delegation before 12:00 noon on September 10th.
2024-09-10 11:16:20
Snapshot X is officially released, enabling zero-gas on-chain voting through Starknet
DAO governance platform Snapshot X has officially launched. The platform has introduced a new Layer 2 protocol that enables zero gas fee on-chain voting for DAOs through Starknet's rollup technology. Jeremy Musighi, COO of Snapshot Labs, said that this is a turning point for on-chain governance, as it is the first time that DAOs can provide free on-chain voting for the community, increasing decision-making participation. Snapshot X uses STARK scaling technology and storage proofs to achieve cross-chain secure voting without the need to transfer tokens or pay gas fees. The system also uses a transaction relay Mana to allow users to sign votes with their Ethereum wallets and then relay the votes to the Starknet network. To demonstrate its functionality, Snapshot X will first conduct a governance vote on a new staking proposal within the Starknet community.
2024-09-10 11:16:18
Bitcoin ETFs saw a total net outflow of $1.2 billion in 8 days
According to data from Bloomberg, 12 US spot Bitcoin exchange-traded funds (ETFs) saw a net outflow of $1.2 billion over 8 days. Despite the outflow, the performance of cryptocurrency ETFs still outperformed over 400 new ETFs in 2024, with the four largest ETFs being spot Bitcoin ETFs. In the first week of September, the price of Bitcoin fell from its high of $64,668 on August 26th to a low of $53,491 on September 7th. This means that the price of Bitcoin fell by 17.28% in just two weeks. However, analysts say that historically, Bitcoin has not performed well in September.
2024-09-10 11:16:16
CoinShares: Last week, digital asset investment products saw outflows of $726 million, matching the largest outflow record
According to a report by CoinShares, the total outflow of digital asset investment products reached $726 million last week, which is equivalent to the largest outflow record set in March this year. Analysis indicates that this negative sentiment was driven by stronger-than-expected macroeconomic data last week, which increased the possibility of a 25 basis point cut by the Federal Reserve. Bitcoin had a total outflow of $643 million, with $3.9 million in short Bitcoin inflows. Ethereum had a total outflow of $98 million, while Solana had the highest inflow of funds among all cryptocurrencies, totaling $6.2 million.
2024-09-10 11:16:14
Bloomberg: The options market focuses on the Federal Reserve meeting before the US election, and the panic in the crypto market intensifies
The US presidential election has gradually faded from people's sight, and investors' attention has shifted to the Federal Reserve meeting on September 18. Any policy mistakes could disrupt the market, which is already nervous due to signs of economic growth slowdown. Rocky Fishman, founder of derivatives analysis company Asym500, said, "The main focus of the market in recent times may be on the Federal Reserve and the beginning of the interest rate cut cycle. Although stock options have reflected higher risks around the election day, the actual trading volume of options related to the election has been limited." Traders are also waiting for the debate between Harris and Trump on Tuesday to further determine their bets on who will win the election. Investors will analyze the candidates' positions on issues such as tariffs, immigration policies, and corporate taxes. John Divine, head of over-the-counter trading at digital asset trading and technology company Block Fills, said that the short-term positioning of Bitcoin is exceptionally bleak. He said, "The current bet is bearish before October 25th, and slightly bullish before the election. When looking at November, we begin to see that the call options are trading at higher prices than the put options, but this is not the case, which is quite shocking to me and highlights the panic in the market." Divine added that although Trump is more favored by the cryptocurrency market, the boundaries of who supports the crypto industry are becoming increasingly blurred. "I don't think the market is trading entirely for the winner of the November election. More importantly, they are using this event to push the narrative that fits the current bearish stance."
2024-09-10 11:16:12
Arbitrum: The First Stylus-Powered NFT Is Now Available for Free Minting
Arbitrum announced on the X platform that the first Infinite Rainbows NFT supported by Stylus is now available for free Minting. The free Minting is only available at http://mintstylus.xyz and runs from September 9th to October 6th.
2024-09-10 11:16:10
Wintermute deposited 101 BTC into Bitfinex 5 hours ago
Wintermute deposited 101 BTC (approximately $5.67 million) into Bitfinex 5 hours ago, as monitored by The Data Nerd. Within 24 hours, Wintermute has deposited a total of 575 BTC (approximately $32.34 million) into Binance, Kraken, and Bitfinex.
2024-09-09 09:48:34
3 hackers deposited 17,800 ETH into Tornado Cash in the past 3 days
According to Lookonchain monitoring, in the past 3 days, 3 hackers have deposited 17,800 ETH ($42.7 million) into Tornado Cash. Penpiexyz Exploiter deposited 9,600 ETH ($23 million) to http://Tornado.Cash. WazirX Exploiter deposited 7,200 ETH ($17.3 million) to http://Tornado.Cash. From @boshen1011 (Founder of Fenbushi Capital), a hacker deposited 1,000 ETH ($2.4 million) from the stolen $42 million into http://Tornado.Cash.
2024-09-09 09:48:29
Telegram founder Pavel Durov pledges to significantly improve platform regulation after arrest in France
On September 6th, Telegram founder Pavel Durov spoke out through Telegram after being arrested in France, stating that the idea of Telegram being an anarchist paradise is absolutely untrue. We delete millions of harmful posts and channels every day and release daily transparency reports. We also have direct channels of contact with non-governmental organizations to expedite emergency regulatory requests. The number of Telegram users has grown rapidly to 950 million, causing growing pains for the platform and making it easier for criminals to abuse it. That's why I have made significant improvements to this situation my personal goal. We have already started this process internally and will soon share more details about our progress with everyone."
2024-09-09 09:48:26
Infinitar Leads ID Planet's Global Internet Infrastructure Launch Conference, Driving Web3 Gaming and Metaverse Innovation
Infinitar will play a pivotal role in the Global Internet Infrastructure Launch Conference on September 25, 2024, in Kuala Lumpur, showcasing its significance within the ID Planet ecosystem. As a Web3-focused public chain, ID Planet offers a comprehensive six-dimensional ecosystem that includes NFTs, multi-chain wallets, decentralized exchanges, and a game-focused blockchain infrastructure.
Infinitar, a leading MOBA game, will highlight its unique Play-and-Earn model, blending Web 2.0 and Web 3.0 elements. Alongside Infinitar, RuneSoul, a Japanese-style card ARPG, will offer players immersive adventures, while IGC Guild enhances the ecosystem with a decentralized platform for gaming guilds, players, and developers.
This conference not only demonstrates ID Planet's robust Web3 gaming ecosystem but also marks a strategic milestone in advancing blockchain technology and metaverse innovation. Infinitar, RuneSoul, and IGC Play-to-Earn Guild's contributions will be instrumental in shaping the future of Web3 gaming.
Infinitar: www.infinitar.com
2024-09-08 19:36:29
Citigroup and other major banks' forecasts of a 50 basis point rate cut are about to face a big test
The release of US non-farm payroll data on Friday will be the biggest test for Citigroup and JPMorgan, who have boldly bet on a 50 basis point rate cut in September. For more than a year, foreign exchange traders have never been as excited as they are now before the release of the US employment report. Options used to measure the trend of the US dollar against major trading partners' exchange rates hit the highest level since March 2023 on the eve of the key non-farm payroll data release. Risk reversal data shows a pervasive bearish sentiment for the US dollar. Since the weaker-than-expected July non-farm payroll data was released on August 2, Citigroup and JPMorgan have predicted that the Fed will cut interest rates by 50 basis points in both September and November, and by 25 basis points in December. Interest rate swap contracts show that the probability of the Fed cutting interest rates by 50 basis points at the September 17-18 meeting is about 35%, but traders and economists believe that a 25 basis point cut is still the most likely.
2024-09-06 14:04:20
Five suspected cryptocurrency fraud gang members sentenced to prison in South Korea
According to local media reports, five individuals in South Korea who were involved in cryptocurrency fraud have been sentenced to prison for deceiving a private investor of $7.5 million. They made false promises to exchange cash at prices lower than the market rate.
2024-09-06 14:04:18
A whale deposited 380 BTC to Binance again 4 hours ago
Lookonchain monitoring shows that a certain whale deposited 380 BTC (21.34 million US dollars) into Binance again 4 hours ago. In the past 7 days, the whale has deposited a total of 4,544 BTC (265 million US dollars) into Binance.
2024-09-06 14:04:17
Putin: Russia "supports" Harris, calls her smile "contagious"
According to foreign media such as TASS and Russia's Sputnik News, Jinse Finance reported that on the afternoon of September 5th local time, Russian President Putin said at the plenary session of the Eastern Economic Forum 2024 that Russia will "support" the US Democratic Party presidential candidate and vice president Harris as recommended by the US President Biden in the upcoming US presidential election. When asked how he viewed the 2024 US election, Putin said it was the choice of the American people. The new US president will be elected by the American people, and Russia will respect the choice of the American people. Putin also said that just as Biden suggested his supporters to support Harris, "we will do the same, we will support her." The report said that Putin also joked that Harris' laughter is "expressive and infectious," which shows that "she is doing everything well." He added that this may mean that she will avoid further sanctions against Russia.
2024-09-06 14:04:17
A whale hoarded 1,145 BTC in 4 days
A certain whale has accumulated 1,145 BTC (worth $65.07 million) in 4 days, as monitored by on-chain analyst Yu Jin. Over the past 4 days, the whale has continued to withdraw BTC from Binance and has accumulated 1,145 BTC through 7 transactions, with an average withdrawal price of $56,830.
2024-09-06 14:04:16