🚀 European Parliament to Elect New Committee Impacting Cryptocurrency Policy
#EuropeanParliament #cryptocurrency #regulation #innovation #DigitalMarketsAct #DigitalServicesAct #institutionaladoption #retailinvestment #EUpolicy #cryptopolicy
According to BlockBeats, the European Parliament will elect a new European Commission this autumn, which will shape the European Union's cryptocurrency policy for the next five years. Although the new commission will not take office until November at the earliest, some trends can already be predicted regarding its stance on cryptocurrency regulation.
Firstly, the political shift to the right in Europe may influence discussions on taxation and innovation approaches. France, facing political instability, is expected to encounter more challenges in the future. Secondly, policymakers will compete for influence over innovation policies, with new members possibly focusing on cryptocurrency policies to enhance their personal reputation. Senior policy advisors within the commission may also vie for power. Thirdly, innovation will be a key policy pillar, with digital privacy and artificial intelligence identified as EU policy priorities. The commission is expected to actively implement the Digital Markets Act and the Digital Services Act.
In the market, increased institutional adoption of cryptocurrencies could trigger political intervention, while greater retail investment exposure to cryptocurrencies in the traditional financial sector might also provoke political reactions. The EU has made significant progress in global cryptocurrency policy, and new legislative efforts should ensure the effective implementation of existing rules.#EuropeanParliament #cryptocurrency #regulation #innovation #DigitalMarketsAct #DigitalServicesAct #institutionaladoption #retailinvestment #EUpolicy #cryptopolicy
🚀 Ripple Granted Delay in Penalty Payment by SEC
#Ripple #SEC #Penalty #XRP #LegalTeam #Appeal #FederalJudge #BlockBeats
According to BlockBeats, on September 5, Ripple's legal team revealed in a document submitted to the U.S. District Court for the Southern District of New York on September 4 that the SEC has agreed to delay the payment of penalties until after September 6. The legal team suggested that Ripple deposit 111% of the judgment amount, approximately $139 million, into a bank account until 30 days after the appeal period expires or any appeals are resolved.
Analysts believe that this delay in penalty payment may pave the way for a potential appeal by the SEC.
Previously, on August 7, a federal judge ordered Ripple Labs Inc. to pay a civil penalty of $125 million for selling its XRP tokens to institutional investors without registering with the U.S. Securities and Exchange Commission (SEC).#Ripple #SEC #Penalty #XRP #LegalTeam #Appeal #FederalJudge #BlockBeats
🚀 Bitcoin(BTC) Surpasses 58,000 USDT with a 0.86% Increase in 24 Hours
#Bitcoin #BTC #USDT #cryptocurrency #Binance #priceincrease #marketdata
On Sep 05, 2024, 00:02 AM(UTC). According to Binance Market Data, Bitcoin has crossed the 58,000 USDT benchmark and is now trading at 58,018.988281 USDT, with a narrowed 0.86% increase in 24 hours.#Bitcoin #BTC #USDT #cryptocurrency #Binance #priceincrease #marketdata
🚀 Bitcoin ETF Experiences Significant Outflows
#Bitcoin #ETF #Fidelity #outflows #cryptocurrency
According to BlockBeats, on September 5, monitoring by Farside Investors revealed that Fidelity's FBTC experienced a net outflow of $7.6 million yesterday.
As of the time of reporting, the total net outflow from disclosed Bitcoin ETFs amounted to $37.2 million yesterday.#Bitcoin #ETF #Fidelity #outflows #cryptocurrency
🚀 Safe Superintelligence Secures $1 Billion Funding, Valued at $5 Billion
#SafeSuperintelligence #Funding #AIsafety #IlyaSutskever #AndreessenHorowitz #SequoiaCapital #ResearchAndDevelopment #ComputationalPower #AI #Investment
According to BlockBeats, Safe Superintelligence (SSI), an AI safety startup co-founded by former OpenAI Chief Scientist Ilya Sutskever, has announced the completion of a $1 billion funding round, bringing its valuation to $5 billion. The investment was led by Andreessen Horowitz, Sequoia Capital, DST Global, SV Angel, and NFDG.
SSI, currently employing 10 staff members, plans to use the funds to acquire computational power and recruit top talent. Co-founder and CEO Daniel Gross stated that the company will focus on directly developing safe superintelligence, with a two-year research and development phase before launching any products. Sutskever serves as the Chief Scientist, Daniel Levy as the Chief Scientist, and Gross oversees computational capabilities and financing.
Sutskever highlighted that SSI will adopt a different approach from OpenAI in addressing AI scaling issues. The company intends to collaborate with cloud service providers and chip manufacturers to meet its computational needs, although specific partners have not yet been determined.#SafeSuperintelligence #Funding #AIsafety #IlyaSutskever #AndreessenHorowitz #SequoiaCapital #ResearchAndDevelopment #ComputationalPower #AI #Investment
🚀 NEAR Protocol's Official Account Hacked, Posts Critical of Crypto Ecosystem
#NEARProtocol #crypto #hacking #security #cryptocurrency #FourChan #accounthijacking
According to Odaily, NEAR Protocol's official X account was compromised around 2:25 AM today. The hacker posted several messages criticizing the crypto ecosystem, some of which remain undeleted. While the hacker's identity is still unknown, there is speculation that the notorious hacker 'Four Chan' might be responsible, though this remains unconfirmed.
A security team led by expert Mike Rotch conducted a thorough investigation into the incident. They concluded that it was an isolated account hijacking event, with no attempts made to phish the NEAR community through malicious links, contract addresses, or other methods.#NEARProtocol #crypto #hacking #security #cryptocurrency #FourChan #accounthijacking
🚀 BNB Surpasses 510 USDT with a 0.79% Increase in 24 Hours
#BNB #USDT #Binance #cryptocurrency #trading #marketdata
On Sep 05, 2024, 01:07 AM(UTC). According to Binance Market Data, BNB has crossed the 510 USDT benchmark and is now trading at 510.100006 USDT, with a narrowed 0.79% increase in 24 hours.#BNB #USDT #Binance #cryptocurrency #trading #marketdata
🚀 Fed's Daly Highlights Uncertainty in Economic Outlook
#Fed #Daly #EconomicOutlook #Inflation #PolicyRates #MonetaryPolicy #InterestRates
According to BlockBeats, on September 5, Federal Reserve's Daly stated that the Fed can take aggressive actions when the outlook is clear, but the current economic outlook remains uncertain. However, Daly emphasized that due to declining inflation and slowing economic growth, the Federal Reserve needs to lower policy rates.#Fed #Daly #EconomicOutlook #Inflation #PolicyRates #MonetaryPolicy #InterestRates
🚀 TaxFarm.ing Token FARM Sees Significant Surge in First Hours of Trading
#TaxFarm #FARM #Ethereum #token #cryptocurrency #staking #blockchain #revenue #ETH
According to BlockBeats, on September 5, the new token FARM from the Ethereum ecosystem's innovative token issuance platform, TaxFarm.ing, was quoted at $0.0039 five hours after its launch. In the past hour, the token has experienced a surge of over 214%.
The platform's official information indicates that users can stake FARM tokens to earn 50% of the platform's revenue directly in ETH.#TaxFarm #FARM #Ethereum #token #cryptocurrency #staking #blockchain #revenue #ETH
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🚀 Etheism Token Sees Massive Surge After Launch
#Etheism #EtheismToken #Ethereum #cryptocurrency #trading #ERC20 #blockchain #investing #tokenomics #pricevolatility #securityrisks
According to BlockBeats, the new Ethereum-based token protocol Etheism has launched its token, E, which is currently priced at $4,426. Within seven hours of its release, the token experienced a remarkable increase of 80,299%, with a trading volume reaching $9.6 million.
Etheism, an ERC-20 token, features a unique characteristic where an 'Etheist Freak' SVG image is embedded directly into the token's transaction data. This image is generated using a mathematical formula inspired by DNA sequencing and evolves as the token supply decreases.
BlockBeats advises users to exercise caution due to the significant price volatility and unclear security status of the new token protocol. Users are encouraged to be aware of the associated risks.#Etheism #EtheismToken #Ethereum #cryptocurrency #trading #ERC20 #blockchain #investing #tokenomics #pricevolatility #securityrisks
🚀 Federal Reserve Issues Cease And Desist Order To United Texas Bank Over AML Compliance
#FederalReserve #CeaseAndDesist #UnitedTexasBank #AMLCompliance #Cryptocurrency #IllegalActivities
According to BlockBeats, on September 5, the Federal Reserve issued a cease and desist order to United Texas Bank, a crypto-friendly institution. The order was prompted by significant deficiencies in the bank's compliance with anti-money laundering (AML) laws related to transactions with cryptocurrency clients, as well as other alleged illegal activities.#FederalReserve #CeaseAndDesist #UnitedTexasBank #AMLCompliance #Cryptocurrency #IllegalActivities
🚀 Cryptocurrency Fear And Greed Index Rises To 29
#Cryptocurrency #FearAndGreedIndex #MarketTrends #Bitcoin #CryptoMarket #BlockBeats #AlternativeData #Volatility #SocialMediaActivity
According to BlockBeats, on September 5, data from Alternative indicates that the Cryptocurrency Fear and Greed Index has risen to 29, up from 27 the previous day. Despite this increase, the market remains in a state of fear.
The Fear and Greed Index ranges from 0 to 100 and is composed of several indicators: volatility (25%), market trading volume (25%), social media activity (15%), market surveys (15%), Bitcoin's dominance in the overall market (10%), and Google Trends analysis (10%).#Cryptocurrency #FearAndGreedIndex #MarketTrends #Bitcoin #CryptoMarket #BlockBeats #AlternativeData #Volatility #SocialMediaActivity
🚀 🔥 Greeks.live：加密市场巨鲸并未押注本月大波动，普遍认为行情会比较稳定｜币安早报（9月4日） 🔥
#加密市场 #巨鲸 #稳定行情 #美联储 #通胀 #软着陆 #欧洲议会 #加密货币政策 #Nvidia #反垄断 #CFTC #Uniswap #区块链支付 #币安 #会计咨询
● Greeks.live：加密市场巨鲸并未押注本月大波动，普遍认为行情会比较稳定据 Odaily星球日报报道，Greeks.live 宏观研究员 Adam 表示，加拿大央行宣布降息 25 个基点，符合市场预期。加密市场受宏观和美股市场拖累近期也是跌跌不休，因此明后两天的就业数据都很值得关注，如果经济数据疲软，那么本月美联储降息 50 个基点的可能性就要摆上台面，这有利于美股和加密的止跌。 但是从期权数据看，目前除美国大选周外，其他期限的隐含波动率均比较平稳，加密市场的巨鲸并未押注本月大波动，普遍认为行情会比较稳定。● 美国7月职位空缺降至2021年初以来最低水平据Odaily星球日报报道，美国7月职位空缺降至2021年初以来的最低水平，裁员人数增加，与工人需求放缓的迹象一致。美国劳工统计局的职位空缺和劳动力流动调查显示，7月职位空缺从上个月向下修正后的791万个减少到767万个，低于经济学家的所有预期。美国7月JOLTs职位空缺人数公布后，美联储利率掉期显示美联储在2024年将进一步放松货币政策。● 美联储博斯蒂克：通胀率回归2%信心增强，软着陆可能触手可及据Odaily星球日报报道，美联储博斯蒂克表示，对通胀率可持续向2%回归的信心增强，价格压力正在迅速、广泛地减弱，通胀和就业风险现已平衡。博斯蒂克称，难以捉摸的软着陆可能触手可及，但不太准备宣布已经战胜通胀。● 欧洲议会秋季选举新委员会，或影响未来五年加密货币政策据 BlockBeats 报道，9 月 5 日，欧洲议会将于今年秋季选举新一届欧洲委员会，该委员会将决定欧盟未来五年的加密货币政策。● Nvidia 否认收到美国司法部反垄断传票据 Cointelegraph 报道，Nvidia 否认收到美国司法部的反垄断传票，其股价在盘后交易中略有上涨。 Nvidia 发言人表示，公司未收到传票，但愿意回答监管机构的任何问题。Nvidia 强调其产品凭借性能和客户价值获胜，客户可自由选择最佳解决方案。 据报道，司法部最近询问了科技公司关于 Nvidia 业务实践的问题，包括硬件捆绑。此前有报道称，司法部对 Nvidia 及其他公司进行了传票调查。● CFTC指控Uniswap Labs非法交易并罚款17.5万美元据Odaily星球日报报道，美国商品期货交易委员会（CFTC）指控 Uniswap Labs 提供非法数字资产衍生品交易，要求 Uniswap Labs 支付 175,000 美元的民事罚款，并停止违反《商品交易法》（CEA）的行为。● Binance Research：区块链支付将是支付行业的全新起点根据 Binance Research 发布的报告指出，全球支付行业虽然发展迅速，但仍主要依赖已有50年的老旧银行基础设施。现代支付技术如Stripe、Mastercard和Visa虽然提升了用户体验，但每笔交易中涉及的多个中介增加了成本。区块链技术提供了一种全新的全球支付基础设施，能够显着降低跨境支付的成本并加快速度。Visa等机构已经开始在公共区块链上试点全球支付结算，而个人用户也通过Binance Pay等产品享受快速、低成本的跨境转账。● 币安委任致同会计师事务所为全球会计和税务顾问据币安博客，币安宣布已委任领先的商业和专业服务公司——致同会计师事务所新加坡（Grant Thornton Singapore），提供全球会计和税务咨询服务，为其全球业务未来的审计做准备。仅在 2023 一年的会计年度，币安实体公司迄今就完成了 25 次审计，并获得了无保留意见。#加密市场 #巨鲸 #稳定行情 #美联储 #通胀 #软着陆 #欧洲议会 #加密货币政策 #Nvidia #反垄断 #CFTC #Uniswap #区块链支付 #币安 #会计咨询
🚀 Bitcoin Price Movements Could Trigger Significant Liquidations
#Bitcoin #Liquidation #Cryptocurrency #CEX #Prices #Trading #Coinglass #BlockBeats #BTC
According to BlockBeats, data from Coinglass on September 5 indicates that if Bitcoin's price falls below $57,000, the cumulative liquidation intensity of long positions on major centralized exchanges (CEX) will reach $845 million. Conversely, if Bitcoin surpasses $59,000, the cumulative liquidation intensity of short positions on major CEX will amount to $570 million.
BlockBeats notes that the liquidation chart does not display the exact number of contracts pending liquidation or the precise value of liquidated contracts. Instead, the bars on the chart represent the relative importance of each liquidation cluster compared to adjacent clusters, indicating intensity.
Therefore, the liquidation chart illustrates the extent to which the price of the underlying asset will be affected when it reaches a certain level. Higher 'liquidation bars' suggest a stronger reaction due to liquidity waves when the price hits those levels.#Bitcoin #Liquidation #Cryptocurrency #CEX #Prices #Trading #Coinglass #BlockBeats #BTC
🚀 Ethereum Gas Fees Surge Due To Ethervista Contracts
#Ethereum #GasFees #Ethervista #Uniswap #BananaGun
According to Odaily, Ethereum gas fees experienced a temporary spike, reaching 33 gwei, influenced by contracts such as Ethervista. The top three contributors to this increase were Ethervista Router, Uniswap Router, and BananaGun.#Ethereum #GasFees #Ethervista #Uniswap #BananaGun
🚀 AngelX Phishing Toolkit Targets Crypto Users With New Malicious Apps
#AngelX #PhishingToolkit #CryptoScams #BlockchainSecurity #DigitalAssets #DecentralizedApps #Cybersecurity #MaliciousApps #PhishingAttacks #CryptoFraud #ScamProtection #BlockchainTools #TON #TRX
According to Cointelegraph, the infamous crypto phishing toolkit Angel Drainer has resurfaced with an enhanced version named AngelX. Blockchain security firm Blockaid reported that AngelX has already deployed 300 malicious decentralized applications (DApps) aimed at stealing digital assets from cryptocurrency users.
Blockaid highlighted that one of the alarming features of AngelX is its improved support for phishing apps targeting users on newer and less mature blockchains, such as The Open Network (TON) and Tron network. These blockchains are perceived as less equipped to defend against attacks due to a lack of robust security tools and support.
The firm also noted the detection of over 150 new scams powered by the AngelX system since its launch on August 31. Blockaid emphasized that the new AngelX system has a high evasion rate, allowing many of its malicious apps to go undetected by other security vendors in the crypto space. Additionally, AngelX features an upgraded user experience (UX) and control panel, enabling scammers to create highly customizable scam apps across a broader range of blockchains.
Blockaid's early detection of the AngelX system helped safeguard approximately $400,000 in assets that could have been misappropriated within the first five days of its operation. The original Angel Drainer toolkit had reportedly wound down most of its operations on July 16 after its developers realized their identities might have been compromised. Security analysts estimate that around $25 million in crypto assets have been stolen through Angel Drainer-powered phishing scams.
Drainer toolkits are applications that allow phishing scammers to easily drain the wallets of crypto users by tricking them into accidentally making token approvals. Typically, these drainers are provided to scammers in exchange for a portion of the stolen assets.#AngelX #PhishingToolkit #CryptoScams #BlockchainSecurity #DigitalAssets #DecentralizedApps #Cybersecurity #MaliciousApps #PhishingAttacks #CryptoFraud #ScamProtection #BlockchainTools #TON #TRX
🚀 Aave Co-Founder Transfers AAVE Tokens to Cumberland for ETH and USDC
#Aave #AAVE #Cumberland #ETH #USDC #StaniKulechov #crypto #blockchain
According to BlockBeats, on September 5, Ember monitoring reported that Aave co-founder Stani Kulechov has transferred a total of 37,907 AAVE tokens to Cumberland since May 24. These tokens were sold in exchange for ETH and USDC at an average price of $119 per token.
The address associated with Kulechov still holds 242,429 AAVE tokens, which are valued at approximately $32.4 million.#Aave #AAVE #Cumberland #ETH #USDC #StaniKulechov #crypto #blockchain
🚀 Synthetix Announces New Governance Cycle And Launches SNAXchain On Optimism
#Synthetix #Governance #SNAXchain #Optimism #Blockchain #CrossChain #Interoperability #ETH #Voting #Crypto #SNX #OP
According to BlockBeats, on September 5, Synthetix announced the commencement of a new governance cycle and the launch of its application chain, SNAXchain, on Optimism's Superchain infrastructure. The new governance committee nominations will begin on August 31 at 5:54:58 UTC+8 and will last for one week. Voting is set to start on September 6 at 18:50 UTC+8, with the new cycle officially starting on September 16 at 22:46 UTC+8. Nominations must be conducted on SNAXchain, requiring users to cross-chain a small amount of ETH as gas fees. Voting will continue to take place on the chain where users have staked SNX. Synthetix stated that SNAXchain will serve as a neutral hub for governance and protocol decisions, with potential future expansions to include more functionalities. The project is collaborating with Conduit and Wormhole to manage chain infrastructure and enable cross-chain messaging, respectively. Synthetix highlighted its long-term partnership with Optimism, praising the OP Stack for its excellent contributors and user base. The anticipated interoperability is expected to facilitate seamless user movement across chains.#Synthetix #Governance #SNAXchain #Optimism #Blockchain #CrossChain #Interoperability #ETH #Voting #Crypto #SNX #OP
🚀 Base Unveils 2024 Expansion Roadmap With Increased Gas Targets
#Base #2024Expansion #GasTargets #Blockchain #Ethereum #PeerDAS #PectraUpgrade #Throughput #BlobCapacity #DataAvailability
According to BlockBeats, on September 5, Base released a blog post detailing its 2024 expansion roadmap. Since its launch, Base has increased its per-block gas target from 2.5 Mgas/s to 10 Mgas/s, resulting in a fourfold increase in throughput.
Starting at the end of September, Base has committed to increasing the gas target by 1 Mgas/s each week, with the potential to accelerate this to 2 Mgas/s per week in the future.
Additionally, Base is actively involved in the development of PeerDAS (Peer Data Availability Sampling), which is part of Ethereum's upcoming Pectra upgrade. The Base team advocates for a significant increase in blob capacity alongside the activation of PeerDAS to support larger-scale expansion. To ensure fair network compensation, Base suggests raising the minimum blob fees or implementing a new blob data fee mechanism.#Base #2024Expansion #GasTargets #Blockchain #Ethereum #PeerDAS #PectraUpgrade #Throughput #BlobCapacity #DataAvailability
🚀 Bank Of Japan To Hold Market Operation Meeting On October 16
#BankOfJapan #MarketOperation #MonetaryPolicy #EconomicAssessment #TakataHajime
According to BlockBeats, the Bank of Japan (BOJ) will hold a market operation meeting on October 16 at 5:30 PM local time (UTC+8 4:30 PM). This announcement comes amid ongoing discussions about the country's economic and monetary policies.
Today, BOJ Policy Board Member Takata Hajime stated that if the economy and prices align with expectations, there may be a need to further adjust the degree of monetary easing. This statement highlights the central bank's ongoing assessment of economic conditions and its readiness to modify its approach to monetary policy as necessary.#BankOfJapan #MarketOperation #MonetaryPolicy #EconomicAssessment #TakataHajime