Trader Eugene: ETH price may be at a historical low, and it will be difficult to buy at a low price again if the market strengthens in the future
Trader Eugene Ng Ah Sio stated in a post on X platform that during this bull market cycle, ETH's performance has been inferior to SOL and BTC. Pessimists believe that ETH's lack of a user-friendly architecture and selling points are key reasons. Although this is largely correct, the market does not always move in one direction. He believes that the most important factor is still the current position of the ETH market.
2024-08-23 14:41:00Generate picture
Floki: The second pre-sale will be cancelled and free airdrop tokens will be given to Champion users
Floki officially apologized to the community on the X platform for the "car crash" incident during the Simon's Cat presale. It is reported that Floki stated that it had caught evidence of some attackers trying to take advantage of Launchpad's violation of the rules. To solve the problem, Floki revoked the purchase shares (totaling $223,815.20) of these bad actors during the initial presale period and then created a second presale specifically for TokenFi Champion-level users who were negatively affected by their behavior. However, the attackers became more aggressive and tried to buy the second presale with robots. Therefore, the official believes that canceling the presale completely is the fundamental solution.
2024-08-23 14:40:59Generate picture
ECB's Kazaks: ECB forecasts assume two more rate cuts this year
ECB committee member Kazaks said that there is currently no reason not to continue with the plan to lower interest rates twice this year as previously forecasted, as the inflation trend in the euro area is consistent with expectations of further gradual rate cuts.
2024-08-23 14:40:59Generate picture
Sony Group's joint project with Singapore's Startale Labs will launch a new 2-layer network
Sony Block Solutions Labs, a joint project between Sony Group and Singapore's Startale Labs, announced on Friday that it will launch a new 2-layer network called Soneium on the Ethereum blockchain. Soneium is expected to go live on the test network in the coming days and will utilize Optimism Rollup technology, which allows users to transact on the Ethereum network at lower costs. It will be built using the OP Stack of the Optimism blockchain ecosystem, a customizable toolkit that allows developers to create their own networks using Optimism's technology and connect to other networks in the ecosystem through "superchains".
2024-08-23 14:40:58Generate picture
Data: 300,000 ETH were transferred to Coinbase 27 minutes ago, worth about $791 million
OKLink data shows that 300,000 ETH was transferred from addresses starting with 0x701c and 0xfd89 to Coinbase deposit address 27 minutes ago, worth $791,082,004.
2024-08-23 14:40:56Generate picture
A whale withdraws 39,816 SOL from Binance to buy 10 million POPCAT
Lookonchain monitoring shows that after Binance announced the launch of POPCAT perpetual contracts, a whale withdrew 39,816 SOL ($5.73 million) from Binance to purchase 10 million POPCAT tokens.
2024-08-23 07:14:32Generate picture
Reserve bought $2.03 million worth of CRV through market maker GSR Markets in the past 6 days
According to on-chain analyst Yu Jin, decentralized stablecoin platform Reserve purchased 6.45 million CRV worth $2.03 million through market maker GSR Markets in the past 6 days. Reserve transferred $2.03 million USDC to GSR Markets' 0x0cD...a13 address and received 6,450,704 CRV at a buying cost of $0.314 per token. In addition, Reserve was also one of the buyers when Curve founder sold coins OTC in August last year. Reserve spent $1 million to buy 2.5 million CRV at a price of $0.4 per token from the Curve founder. Currently, Reserve holds a total of 19.41 million CRV ($6.38 million).
2024-08-23 07:14:31Generate picture
Former Fed "Eagle King" Bullard: This year may cut interest rates by 75 basis points
In an interview with Global Finance, former St. Louis Fed Chairman Brad stated: "The FOMC's last meeting and Powell's press conference were very clear that unless something dramatic happens, Fed officials are ready to act at the September meeting. I think they have expressed their intentions as central banks as clearly as possible. I think they will start cutting interest rates by 25 basis points in September. The question then is how quickly they want to reach a new monetary policy stance. Even if they slightly lower the policy rate, the rate will remain at a restrictive level. They need to continue to lower rates from that point. I think it may be a 25 basis point rate cut at each meeting, for several consecutive meetings, until the policy rate is lowered to a lower level, at which point they can decide whether inflation continues to move towards the 2% target and whether to continue normalizing policy rates. It is expected that there will be a 75 basis point interest rate cut from now until December."
2024-08-23 07:14:29Generate picture
Former Fed "Eagle King" Bullard: This year may cut interest rates by 75 basis points
In an interview with Global Finance, former St. Louis Fed Chairman Brad stated: "The FOMC's last meeting and Powell's press conference were very clear that unless something dramatic happens, Fed officials are ready to act at the September meeting. I think they have expressed their intentions as central banks as clearly as possible. I think they will start cutting interest rates by 25 basis points in September. The question then is how quickly they want to reach a new monetary policy stance. Even if they slightly lower the policy rate, the rate will remain at a restrictive level. They need to continue to lower rates from that point. I think it may be a 25 basis point rate cut at each meeting, for several consecutive meetings, until the policy rate is lowered to a lower level, at which point they can decide whether inflation continues to move towards the 2% target and whether to continue normalizing policy rates. It is expected that there will be a 75 basis point interest rate cut from now until December."
2024-08-23 07:14:29Generate picture
Polygon Staking Address Transfers Out 70 Million MATIC, Worth Over $36.4 Million
Whale Alert monitoring shows that a Polygon Staking address transferred about 70 million MATIC tokens worth approximately $36,403,662 around 22:33 today.
2024-08-23 07:14:28Generate picture
Bitcoin L2 Project Ark Labs Completes $2.5 Million Pre-Seed Round of Financing
Bitcoin L2 project Ark Labs announced the completion of a $2.5 million Pre-Seed round of financing, led by Tim Draper and Draper Ventures, with participation from Fulgur Ventures, Axiom Capital, and Bitcoin angel investor Stephen Cole.
2024-08-23 07:14:27Generate picture
Babylon: The first phase 1,000 BTC pledge limit has been reached
Babylon announced on the X platform that the upper limit of the first stage of 1000 BTC pledges has been reached. According to Babylon's pledge platform data, the confirmed pledge TVL is currently 1000.04549438 BTC, and the number of users participating in the pledge is about 12,700.
2024-08-23 07:14:25Generate picture
MakerDAO: DAI and MKR will continue to be available, and upgrading to NewStable and NewGovToken is optional
MakerDAO announced on X platform that the Endgame plan has introduced upgraded versions of DAI and MKR called NewStable and NewGovToken. However, DAI and MKR will still be available. Unless the governance department decides otherwise, these two tokens are expected to remain unchanged in the foreseeable future. Users can continue to hold and use these two tokens as before. DAI will remain available indefinitely. Users can upgrade to NewStable and choose to switch back to DAI at any time. 1 DAI = 1 NewStable (NST). The ecosystem will ultimately explore ways to differentiate between DAI and NewStable, with DAI focusing on native crypto use cases and NewStable targeting mass adoption. MKR can still be used to vote on governance proposals.
2024-08-23 07:14:24Generate picture
Co-founder of alleged cryptocurrency scam OmegaPro arrested in Turkey with $160 million in seized assets
According to Turkish media reports, Andreas Szakacs, a co-founder of OmegaPro, which is believed to be involved in a cryptocurrency scam, was arrested in Turkey in July. The reports stated that Turkish authorities confiscated cold wallets and computers and traced $160 million worth of cryptocurrency transactions. Andreas Szakacs was arrested for his alleged involvement in a cryptocurrency Ponzi scheme that defrauded investors of $4 billion, according to Turkish media reports on Thursday.
2024-08-23 07:14:24Generate picture
Reserve purchased 6.45 million CRV through market maker GSR Markets in the past 6 days
According to on-chain analyst Yu Jin's monitoring, decentralized stablecoin platform Reserve has purchased 6.45 million CRV (worth $2.03 million) through market maker GSR Markets in the past six days. In addition, Reserve was also one of the buyers of Curve founder's OTC sale last August: it spent $1 million to buy 2.5 million CRVs from the founder at a price of $0.4 per CRV. Currently, Reserve holds a total of 19.41 million CRVs ($6.38 million).
2024-08-23 07:14:22Generate picture
Impressive Performance of Infinitar’s English Twitter Space Event Titled "The Renaissance of GameFi"
The Twitter Space event titled "The Renaissance of GameFi" went live on August 21 on Talking Web3. Infinitar’s Space achieved 170,000 listens, with 11,000 live listeners, and nearly 100 global KOLs participated in the interaction. The event ranked first in Twitter Spaces for that time slot, making it a true feast of wisdom and passion.
 
Infinitar has been making headlines, with a global game launch event scheduled in Bangkok, Thailand, on August 28. Global enthusiasts of public chains, GameFi, AI technology, digital assets professionals, and investors are cordially invited to participate.
 
Infinitar is a Web3 MOBA game featuring 3v3 and 5v5 competitive multiplayer online battles. The core team consists of top talent from globally renowned companies. On August 9, the Infinitar team announced strategic discussions with well-known Web3 and gaming investment firms such as DWF Labs, DK Ventures, HG Capital, and ROK Capital.
2024-08-22 17:21:07Generate picture
Hotcoin Will Launch AQUA (AQUA) Trading at 16:00 on August 30
According to Hotcoin's official announcement, AQUA/USDT trading will be opened at 16:00 on August 30, 2024 (UTC+8), with deposit and withdrawal services for AQUA also available at the same time.
 
Aquacity is a diversified metaverse project. It stands out with its unique aquatic theme, seamlessly integrating the boundless ocean world into the digital realm, redefining virtual experiences. AQUA is the governance token of the Aquacity Metaverse ecosystem. Holders of AQUA can influence the outcome of future plans for Aquacity Metaverse, effectively steering it in the desired direction.
2024-08-21 18:07:00Generate picture
Match: The Value Social Platform Creator’s Impressive Debut on Twitter Space
The debut Twitter Space event titled "Match: The Value Social Platform Creator" went live on August 20 on Talking Web3. The first Chinese-language Space garnered an impressive 460,000 listens, with 8,000 live listeners, and nearly 100 Chinese-language KOLs participated in the interaction. The event ranked first in Twitter Spaces for that time slot, truly making it a feast of wisdom and passion.
 
Match is a social platform based on AI and big data technology, aiming to leverage the wealth effect of Meme Coins to create an efficient value social network. By providing privacy-protected social features and powerful AI capabilities, Match enables users to safely manage and transfer their social data assets across different Web 3.0 applications, thus achieving true value social interactions.
2024-08-21 14:20:52Generate picture
INFINITAR will hold a global launch event on August 28 in Bangkok, Thailand.
On August 28, the global launch event themed "IDC Global GameFi Summit" will be held in Bangkok, Thailand. The event warmly invites global enthusiasts in public chains, GameFi, AI technology, as well as professionals and investors from the digital asset industry to participate.
 
INFINITAR is a large-scale MOBA blockchain game that has garnered significant attention from gamers, gold farming guilds, and communities since its public beta. Discussions have been ongoing, with many valuable suggestions offered. At this summit in Thailand, INFINITAR will feature live game competitions, a roadshow, and announce the establishment of the IDC Global Gold Farming Guild.
 
It is reported that on the evening of August 16, INFINITAR's Alan hosted a discussion on the "Renaissance of GameFi" topic on Twitter Space, attracting 12,000 viewers and sparking heated discussions, making it an immensely popular topic.
 
As the core hub of the Web3.0 metaverse public chain, IDC aims to integrate public chain technology with metaverse concepts to create a new gaming world, leading the future development of the gaming industry. It will provide users with a more open, transparent, and interactive gaming experience.
2024-08-17 12:18:04Generate picture
EOET will be launched on LBank on August 20
The phenomenal blockchain game Era Of Explorers (EOE) is making its grand debut on LBank on August 20th—and the world is ready! With over 10 million players globally rushing to get in, this is your moment to join the revolution!
 
Top 100 influencers worldwide are rallying behind EOET, anticipating a year of explosive growth! Just as SpaceX pushes the boundaries of space exploration, EOE is pushing the frontiers of technological innovation and market expansion. While SpaceX is valued at around $210 billion, EOE is set to achieve exponential growth and sustained returns with each new feature and gameplay innovation in the market!
 
EOET is rewriting the rules of blockchain gaming—2024’s most anticipated game is here! Merging social interaction, gaming, and blockchain technology, EOET delivers a groundbreaking experience like no other. Don’t miss out!
2024-08-15 18:04:25Generate picture
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