🚀 Network Liquidations Reach $25.41 Million in Four Hours
#NetworkLiquidations #Coinglass #BlockBeats #CryptoMarket #LiquidationEvents #September2023
According to BlockBeats, data from Coinglass revealed that on September 26, the total amount of liquidations across the entire network in the past four hours amounted to $25.4108 million. Of this, $18.3399 million was liquidated from long orders, while $6.7679 million was liquidated from short orders.#NetworkLiquidations #Coinglass #BlockBeats #CryptoMarket #LiquidationEvents #September2023
🚀 Meta Platforms Stock Reaches New High
#MetaPlatforms #StockMarket #Investors #FinancialNews #MarketPerformance
According to BlockBeats, on September 26, Meta Platforms (META.O) saw its stock price reach a new high. The stock increased by 2.2%, closing at $575.77. This marks a significant milestone for the company, reflecting investor confidence and market performance.#MetaPlatforms #StockMarket #Investors #FinancialNews #MarketPerformance
🚀 Meta Platforms Releases Multimodal LLAMA 3.2 AI Model
#MetaPlatforms #LLAMA3 #AI #Multimodal #ArtificialIntelligence #BlockBeats
According to BlockBeats, on September 26, Meta Platforms (META.O) announced the release of its multimodal LLAMA 3.2 artificial intelligence model. This advanced AI model is capable of simultaneously understanding both images and text.#MetaPlatforms #LLAMA3 #AI #Multimodal #ArtificialIntelligence #BlockBeats
🚀 PayPal Enables US Merchants to Trade Cryptocurrency Directly from Business Accounts
#PayPal #Cryptocurrency #USMerchants #BusinessAccounts #DigitalCurrencies #CryptoTrading #ExternalWallets
According to BlockBeats, PayPal is now allowing U.S. merchants to buy, hold, and sell cryptocurrencies directly from their PayPal business accounts. This new feature, however, is not available for business accounts in New York State at the time of its launch.
In addition to trading cryptocurrencies, PayPal has also introduced a feature that enables business accounts to transfer cryptocurrencies to external wallets. This move is part of PayPal's broader strategy to integrate digital currencies into its platform, providing more flexibility and options for businesses engaging in cryptocurrency transactions.#PayPal #Cryptocurrency #USMerchants #BusinessAccounts #DigitalCurrencies #CryptoTrading #ExternalWallets
🚀 Kamala Harris Advocates For U.S. Leadership In Emerging Technologies
#KamalaHarris #cryptocurrency #blockchain #artificialintelligence #emergingtechnology #biomanufacturing #aerospace #quantumcomputing #cleanenergy #technologicalbreakthroughs #digitalassets
According to Cointelegraph, Vice President Kamala Harris has expressed her support for protecting the cryptocurrency industry, emphasizing the importance of the United States maintaining its leadership in blockchain, artificial intelligence, and other emerging technology sectors.
In a speech delivered on September 25 at The Economic Club of Pittsburgh, Harris stated, “We will invest in biomanufacturing and aerospace, remain dominant in AI and quantum computing, blockchain and other emerging technologies, and expand our lead in clean energy innovation and manufacturing.” She highlighted the significance of the next generation of technological breakthroughs, including advanced batteries, geothermal energy, and advanced nuclear technology, being developed and produced in the United States by American workers.
Harris also reportedly voiced her support for digital assets during a private fundraising event in New York on September 22, where she engaged with donors. This marks her first public statement in favor of the cryptocurrency sector.
This is an ongoing story, and additional details will be provided as they become available.#KamalaHarris #cryptocurrency #blockchain #artificialintelligence #emergingtechnology #biomanufacturing #aerospace #quantumcomputing #cleanenergy #technologicalbreakthroughs #digitalassets
🚀 Bitcoin(BTC) Drops Below 63,000 USDT with a 2.04% Decrease in 24 Hours
#Bitcoin #BTC #USDT #cryptocurrency #Binance #marketdata #priceupdate #decrease
On Sep 25, 2024, 23:35 PM(UTC). According to Binance Market Data, Bitcoin has dropped below 63,000 USDT and is now trading at 62,985.238281 USDT, with a narrowed 2.04% decrease in 24 hours.#Bitcoin #BTC #USDT #cryptocurrency #Binance #marketdata #priceupdate #decrease
🚀 Federal Reserve Governor Supports 50 Basis Points Rate Cut
#FederalReserve #InterestRates #RateCut #LaborMarket #Inflation #EconomicPolicy #PCEIndex #UnemploymentRate #EconomicGrowth
According to BlockBeats, on September 26, Federal Reserve Governor Kugler expressed her strong support for the Federal Reserve's decision to cut interest rates by 50 basis points, highlighting the focus on the labor market. Kugler stated, 'The labor market remains resilient, but the FOMC now needs to balance its focus to continue making progress on inflation while avoiding unnecessary pain and economic weakness. I firmly support last week's decision to cut rates by 50 basis points, and if inflation continues to progress as I expect, I will support further rate cuts.'
Kugler anticipates that the inflation data to be released this Friday will show continued easing of price pressures, with the August PCE price index annual rate possibly as low as 2.2%. She noted that it is appropriate for the Federal Reserve to focus on the labor market now, which has cooled but 'remains resilient,' with a 4.2% unemployment rate that is 'still quite low by historical standards.'#FederalReserve #InterestRates #RateCut #LaborMarket #Inflation #EconomicPolicy #PCEIndex #UnemploymentRate #EconomicGrowth
🚀 OpenAI CTO Mira Murati Announces Departure for Personal Exploration
#OpenAI #MiraMurati #CTO #LeadershipChange #ArtificialIntelligence #Transition #TechNews
According to BlockBeats, on September 26, OpenAI's Chief Technology Officer Mira Murati announced her departure from the company, marking another significant leadership change for the artificial intelligence startup. Murati posted on social media platform X on Wednesday, stating, 'I am leaving to make time and space for my own exploration,' and added that she will work to ensure a smooth transition.
Murati has been a central figure at OpenAI, having served as interim CEO after the brief ousting of CEO Sam Altman in November last year. Altman responded to Murati's announcement with gratitude, writing, 'Murati has been crucial to OpenAI, our mission, and to each of us, and this cannot be overstated.' He also mentioned that more details about the transition plan would be shared with employees soon.#OpenAI #MiraMurati #CTO #LeadershipChange #ArtificialIntelligence #Transition #TechNews
🚀 Bitcoin Mining Difficulty Decreases By 4.6%
#Bitcoin #Mining #Difficulty #Blockchain #Cryptocurrency #BTC
According to BlockBeats, on September 26, data from BTC.com revealed that Bitcoin mining difficulty experienced an adjustment at block height 862,848 (03:40:28 UTC+8). The mining difficulty decreased by 4.6% to 88.4 T. Currently, the average hash rate across the entire network over the past seven days stands at 637.39 EH/s.#Bitcoin #Mining #Difficulty #Blockchain #Cryptocurrency #BTC
🚀 Bank Of Japan Urged To Avoid Raising Rate Expectations
#BankOfJapan #InterestRates #Inflation #EconomicPolicy #MarketExpectations #MonetaryPolicy
According to Odaily, the minutes from the Bank of Japan's recent meeting reveal that one member emphasized the need for the central bank to avoid creating excessive market expectations for future interest rate hikes. This caution stems from the fact that inflation expectations have not yet stabilized at the 2% target. The member highlighted the significant uncertainty surrounding Japan's neutral interest rate level, making it challenging to adjust rates mechanically.#BankOfJapan #InterestRates #Inflation #EconomicPolicy #MarketExpectations #MonetaryPolicy
🚀 Hong Kong Securities Industry Generates HKD 77 Million From Virtual Asset Trading In First Half Of 2023
#HongKong #SecuritiesIndustry #VirtualAssets #TradingRevenue #InvestmentSentiment #FinancialReview
According to PANews, the Hong Kong Securities and Futures Commission (SFC) recently released its 'Securities Industry Financial Review,' revealing for the first time that virtual asset trading activities in the securities industry generated a total revenue of HKD 77 million in the first half of this year. Ye Zhiheng, Executive Director of the SFC's Intermediaries Division, stated that Hong Kong's diverse range of products caters to both local and global investors. As investment sentiment improves, licensed institutions are gradually establishing themselves in the distribution of non-exchange-traded products, with some actively expanding into virtual asset trading.#HongKong #SecuritiesIndustry #VirtualAssets #TradingRevenue #InvestmentSentiment #FinancialReview
🚀 OpenAI Considers Restructuring And CEO Ownership
#OpenAI #SamAltman #AI #forprofit #restructuring #stake #publicbenefitcorporation #technology #entrepreneurship
According to Odaily, sources indicate that OpenAI is in discussions to allow CEO Sam Altman to hold a 7% stake in the company and to restructure as a for-profit entity. This significant shift would mark the first time Altman gains ownership in the artificial intelligence startup. The sources also mentioned that the company is contemplating becoming a public benefit corporation, aiming to generate profits while contributing positively to society. However, the transformation is still under discussion, and no specific timeline has been established.
An OpenAI spokesperson stated that the organization remains 'focused on building AI that benefits everyone,' emphasizing that 'non-profit is our core mission and will continue to exist.'#OpenAI #SamAltman #AI #forprofit #restructuring #stake #publicbenefitcorporation #technology #entrepreneurship
🚀 Ton Blockchain Anticipates Increased Load Due To Hamster Kombat Game
#TonBlockchain #HamsterKombat #BlockchainGaming #MiningActivities #IncreasedLoad #Stakeholders #Validators #Monitoring #TON
According to Odaily, TON Status has announced that starting from September 26, 2024, at 10:00 UTC (18:00 UTC+8), the TON blockchain is expected to experience an increased load. This surge is attributed to the Hamster Kombat game project, which boasts over 100 million monthly active users, initiating mining activities on the blockchain. This event marks a unique occurrence of such scale in the industry.
As a result, stakeholders are advised to take specific actions from September 26 to September 29. Firstly, they should maintain communication and be prepared to respond within an hour if emergency actions are required. Secondly, continuous monitoring of validators and hardware status is essential during these days, as the quality of validators directly impacts the overall quality of the blockchain.#TonBlockchain #HamsterKombat #BlockchainGaming #MiningActivities #IncreasedLoad #Stakeholders #Validators #Monitoring #TON
🚀 ArkB Experiences Significant Outflow Of $47.4 Million
#ArkB #outflow #BlockBeats #FarsideInvestors #investment
According to BlockBeats, data from Farside Investors revealed that on September 26, ARKB experienced a net outflow of $47.4 million.#ArkB #outflow #BlockBeats #FarsideInvestors #investment
🚀 Blackstone To Invest £10 Billion In AI Data Center In Northeast England
#Blackstone #AI #DataCenter #Investment #NortheastEngland #UK #Jobs #KeirStarmer
According to Odaily, the UK Prime Minister's office announced on Wednesday that American private equity firm Blackstone Group has confirmed an investment of £10 billion ($13.3 billion) to build an artificial intelligence data center in Northeast England. During his visit to New York, UK Prime Minister Keir Starmer stated that the construction of this AI data center is expected to create 4,000 jobs next year, including 1,200 positions specifically for site construction.#Blackstone #AI #DataCenter #Investment #NortheastEngland #UK #Jobs #KeirStarmer
🚀 Truflation Suffers Malware Attack, Loses Millions
#Truflation #MalwareAttack #Blockchain #Cryptocurrency #FinancialLoss #Ethereum #CyberSecurity #DataMarketplace #InflationData #CryptoNews
According to Cointelegraph, blockchain-based inflation data platform Truflation confirmed it experienced a malware attack, resulting in significant financial losses. Blockchain analysts estimate the loss to be up to $5.2 million.
In a Sept. 25 post on X, Truflation reported detecting abnormal activity and identified the attack as malware-related. The team is actively monitoring the situation and taking steps to safeguard funds, collaborating with industry partners and law enforcement. Truflation is also attempting to contact the hacker and is open to negotiations, offering rewards to white hats who provide assistance.
Blockchain sleuth ZachXBT revealed that approximately $5.23 million was lost from Truflation’s treasury multisignature and personal wallets on Ethereum, with an additional $100,000 lost across seven other chains. A separate assessment by blockchain security firm Cyvers estimated the loss at $4.95 million. The stolen assets include around $3.89 million in Truflation (TRUF) tokens, $1.07 million in Ether (ETH), and $236,000 in DAI stablecoin from the team’s Ethereum wallets.
Truflation assured that no customer funds were compromised and that staking funds remained unaffected. Following the announcement, the TRUF token experienced a 15.6% drop to $0.068 within 90 minutes but partially recovered to $0.073. The token's market cap currently stands at $12.8 million.
Truflation, launched in December 2021, is a blockchain-based financial data service providing real-time economic and inflation data. It also operates a data marketplace tracking various commodity indexes, including sugar, cocoa, coffee, cattle, petroleum, and wheat.#Truflation #MalwareAttack #Blockchain #Cryptocurrency #FinancialLoss #Ethereum #CyberSecurity #DataMarketplace #InflationData #CryptoNews
🚀 Fractal Bitcoin Releases Open-Source BRC-20 Protocol
#FractalBitcoin #BRC20 #OpenSource #Ordinals #Blockchain #Developers #Crypto #Protocols
According to Foresight News, Fractal Bitcoin announced on social media that it has open-sourced the BRC-20 protocol based on Fractal. Following the open-source release of Ordinals on September 14, the BRC-20 protocol based on Fractal has now been made available. This release aims to assist developers in easily analyzing and building applications related to the BRC-20 protocol.
The open-source implementations of Ordinals, BRC-20, and other protocols will continue to be released in the future. This includes the implementation of Fractal protocols such as the Runes protocol indexing component, gradually creating a developer-friendly source code framework.#FractalBitcoin #BRC20 #OpenSource #Ordinals #Blockchain #Developers #Crypto #Protocols
🚀 US Congressman Proposes DeFi Opportunities Act For Regulatory Study
#DeFi #crypto #regulations #Congress #blockchain #innovation #digitalmarket #capitalmarkets #privacy #financialregulation
According to PANews, U.S. Congressman Warren Davidson introduced the 'Assessing DeFi Opportunities Act' on Tuesday. The bill calls for a joint study on decentralized finance (DeFi) by the U.S. Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC), and the Secretary of the Treasury. Davidson emphasized the crucial role DeFi plays in the future of capital markets but expressed concerns over the Biden-Harris administration's regulatory approach to the sector. He stated, 'This legislation ensures that the federal government can implement data-driven financial regulation without disrupting the digital market's development or compromising the privacy offered by DeFi.'
Lawmakers noted that as the number of users continues to grow, the total market value of DeFi has surged to approximately $75 billion. However, Davidson warned that excessive regulation could stifle innovation and drive investment overseas. The proposed study aims to help regulators understand the benefits of DeFi, such as blockchain's operational resilience, market competition, and user privacy protection. Davidson stressed that regulators need to 'take a measured approach' to ensure DeFi can thrive without jeopardizing user privacy or innovation.#DeFi #crypto #regulations #Congress #blockchain #innovation #digitalmarket #capitalmarkets #privacy #financialregulation
🚀 Nomic DAO Foundation Launches Bitcoin-Backed Token on Berachain
#NomicDAO #Bitcoin #nBTC #Berachain #ERCtoken #EVMcompatible #DeFi #proofOfLiquidity #crypto #tokenlaunch
According to Odaily, the Nomic DAO Foundation, the development team behind Nomic Network, has announced the launch of a Bitcoin-backed token, nBTC, on the Ethereum-compatible L1 network Berachain. Previously, Nomic had upgraded Ethereum to make nBTC natively available as an ERC token on Ethereum and deployable on EVM-compatible chains.
The team stated that this integration allows users to directly deposit BTC to obtain nBTC, bringing significant Bitcoin liquidity into Berachain's ecosystem. Berachain operates on a unique proof-of-liquidity consensus model. This development is expected to enhance Bitcoin's capabilities within Berachain's growing ecosystem, providing developers with the functionality to integrate nBTC into DeFi protocols and build BTC-supported applications without relying on centralized intermediaries.#NomicDAO #Bitcoin #nBTC #Berachain #ERCtoken #EVMcompatible #DeFi #proofOfLiquidity #crypto #tokenlaunch
🚀 Fear And Greed Index Drops To Neutral
#FearAndGreedIndex #Neutral #MarketSentiment #Investing
According to Foresight News, data from Alternative indicates that the Fear and Greed Index has fallen to 50 today, shifting the level from greed to neutral.#FearAndGreedIndex #Neutral #MarketSentiment #Investing