🚀 OpenAI Plans To Release 'Strawberry' Model For ChatGPT Service
#OpenAI #Strawberry #ChatGPT #AInews #TechUpdate
According to Odaily, market sources have revealed that OpenAI is planning to release a new model named 'Strawberry' within the next two weeks. This model will be part of its ChatGPT service.#OpenAI #Strawberry #ChatGPT #AInews #TechUpdate
🚀 Bitwise Transfers Bitcoin And Ethereum To Unmarked Addresses
#Bitwise #Bitcoin #Ethereum #CryptoMarket #ETFs #BTC #ETH
According to Odaily, Arkham monitoring has revealed that Bitwise's spot Bitcoin ETF, BITB, transferred 266.82 BTC, valued at approximately $15.24 million, to an unmarked address four hours ago. This transfer originated from a bc1q70 address five hours prior to the transaction.
Additionally, a Nonco-marked address transferred 789.171 ETH, worth around $1.84 million, to Bitwise's spot Ethereum ETF, ETHW. These significant transfers highlight ongoing movements within the cryptocurrency market.#Bitwise #Bitcoin #Ethereum #CryptoMarket #ETFs #BTC #ETH
🚀 Tzero Group Inc. Receives Approval For Digital Asset Securities Custody
#tZERO #DigitalAssets #SecuritiesCustody #Fintech #SEC #FINRA #BrokerDealer #Cryptocurrency
According to BlockBeats, on September 10, fintech company tZERO Group Inc. received approval from U.S. regulators to become a special purpose broker-dealer for digital asset securities custody.
In a statement released on Tuesday, the company announced that the U.S. Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) have granted tZERO the authorization to custody digital assets. This makes tZERO the second company to receive such approval.
Previously, digital asset company Prometheum received similar approval from the SEC last year. Prometheum later obtained approval from FINRA to offer digital asset securities clearing and settlement services through its special purpose broker-dealer license.#tZERO #DigitalAssets #SecuritiesCustody #Fintech #SEC #FINRA #BrokerDealer #Cryptocurrency
🚀 Tether Partners With Valora And Stabila Foundation To Educate Emerging Markets On Stablecoins
#Tether #Valora #StabilaFoundation #stablecoins #emergingmarkets #blockchain #education #adoption
According to Odaily, Tether has announced a collaboration with Valora and the Stabila Foundation to launch a global initiative aimed at educating users in emerging markets about the use cases of stablecoins and promoting blockchain adoption.#Tether #Valora #StabilaFoundation #stablecoins #emergingmarkets #blockchain #education #adoption
🚀 Trader Joe Decentralized Exchange Surpasses $300 Million in Fees
#TraderJoe #DecentralizedExchange #CryptoFees #sJOE #LiquidityProviders
According to Foresight News, decentralized exchange Trader Joe has announced that it has generated over $300 million in fees since its launch. The platform stated that all fees are distributed between liquidity providers and users who participate in fee sharing through sJOE staking.#TraderJoe #DecentralizedExchange #CryptoFees #sJOE #LiquidityProviders
🚀 Jupiter Platform's Future Development Directions Discussed by Co-Founder Meow
#JupiterPlatform #FutureDevelopment #Liquidity #OrderProcedures #MobileSolution #UserEngagement #TokenIntegrity #TokenValue #EcosystemDevelopment
According to Odaily, Jupiter co-founder Meow recently discussed the future development directions of the Jupiter platform in an interview. Key points from the discussion include the following insights:
Jupiter's previous efforts have focused on enhancing liquidity and improving order procedures. These efforts have recently achieved full liquidity and improved data, paving the way for significant upcoming updates. The platform is set to introduce important changes soon.
The mobile solution for Jupiter is still undergoing iterations. The goal is not just to create a mobile application but to integrate community features, including voting and voting notifications. This integration aims to enhance user engagement and participation within the platform.
Meow emphasized that tokens should adhere to three key principles: the integrity of the token, the reflection of its value, and alignment with the overall goals. These principles are crucial for the sustainable development and success of the token ecosystem.#JupiterPlatform #FutureDevelopment #Liquidity #OrderProcedures #MobileSolution #UserEngagement #TokenIntegrity #TokenValue #EcosystemDevelopment
🚀 Analyst Predicts Copper Price Fluctuations Based on Federal Reserve's September Decision
#CopperPrices #FederalReserve #InterestRates #EconomicUncertainty #CommodityMarket #MarketAnalysis #SupplyDemand #Investment #GlobalEconomy #Volatility
According to Odaily, Zhang Weixin, an analyst at CITIC Futures, has outlined potential impacts on copper prices based on the Federal Reserve's actions in September. If the Federal Reserve opts for a 25 basis points (BP) rate cut, it would be seen as a precautionary measure, which could positively influence copper prices. Conversely, a 50 BP rate cut might trigger a sell-off in risk assets. Should the Federal Reserve decide against a rate cut, the unmet expectations could lead to selling pressure, and the continued high interest rates would increase economic uncertainty, negatively affecting copper prices.
Zhang further elaborated that the future trend for copper prices is expected to be weak and volatile. The cautious outlook on copper prices is primarily due to a pessimistic view of the global economy. The growth rates in two major areas of copper demand—new energy vehicles and power investment—are facing a slowdown. Additionally, copper supply has experienced significant disruptions this year. If these supply issues improve next year, the supply-demand relationship could weaken further.#CopperPrices #FederalReserve #InterestRates #EconomicUncertainty #CommodityMarket #MarketAnalysis #SupplyDemand #Investment #GlobalEconomy #Volatility
🚀 Cega Predicts Market Stability Amid Anticipation Of Federal Reserve Meeting
#Cega #MarketStability #FederalReserve #InterestRateCuts #Bitcoin #Crypto #Investors #Volatility
According to Odaily, the latest market insights report from the crypto derivatives platform Cega indicates a relatively quiet week in terms of market events. However, investors are keenly focused on the upcoming Federal Reserve meeting and the anticipated interest rate cuts. Cega forecasts that the market will remain range-bound in the coming weeks. Despite the overall calm, Bitcoin's volatility is slightly above its one-year average.#Cega #MarketStability #FederalReserve #InterestRateCuts #Bitcoin #Crypto #Investors #Volatility
🚀 Bitcoin(BTC) Surpasses 57,000 USDT with a 3.38% Increase in 24 Hours
#Bitcoin #BTC #USDT #cryptocurrency #trading #Binance #marketdata #priceincrease #finance
On Sep 10, 2024, 15:25 PM(UTC). According to Binance Market Data, Bitcoin has crossed the 57,000 USDT benchmark and is now trading at 57,039.988281 USDT, with a narrowed 3.38% increase in 24 hours.#Bitcoin #BTC #USDT #cryptocurrency #trading #Binance #marketdata #priceincrease #finance
🚀 Monero Community Refutes Chainalysis Claims on Transaction Traceability
#Monero #Chainalysis #Privacy #Blockchain #TransactionTraceability #Cryptocurrency #Tor #IPaddress #Community
According to Odaily, members of the Monero community have dismissed claims by Chainalysis regarding the traceability of Monero transactions. Csilla Brimer, a leader within the Monero community, stated that Chainalysis tracks IP addresses connected to their Monero nodes, which they refer to as 'fake proxy nodes.' Brimer emphasized that protecting IP addresses is crucial to prevent tracking, advising users to avoid connecting to these nodes or to use Tor for enhanced privacy and security. Previously, a leaked Chainalysis presentation to the U.S. Internal Revenue Service claimed that the blockchain analysis company has been able to trace Monero transactions since 2021. However, Chainalysis has not publicly commented on the video.#Monero #Chainalysis #Privacy #Blockchain #TransactionTraceability #Cryptocurrency #Tor #IPaddress #Community
🚀 Hedera Proposes HIP-850 to Enhance NFT Supply Key Functionality
#Hedera #HIP850 #NFT #supplykey #metadata #upgradeto0.53 #Hederaecosystem #HBAR
According to Odaily, Hedera has initiated HIP-850, a proposal aimed at enhancing the supply key functionality for NFTs within treasury accounts. This proposal is set to be implemented with the mainnet upgrade to version 0.53. The enhancement will grant supply keys the ability to update NFT metadata while the NFTs reside in treasury accounts, significantly boosting the Hedera ecosystem.#Hedera #HIP850 #NFT #supplykey #metadata #upgradeto0.53 #Hederaecosystem #HBAR
🚀 US Election May Overshadow Monetary Policy, Says Analyst
#USElection #MonetaryPolicy #MarketFocus #SaxoBank #FixedIncome #EconomicImpact #InvestorExpectations
According to Odaily, Saxo Bank's Head of Fixed Income Analysis, Althea Spinozzi, has indicated that the upcoming US election could take precedence over monetary policy in terms of market focus. Spinozzi highlighted that the outcome of the election might significantly impact major economies. She noted, 'Regardless of the result, we might witness a very different world, and investors will need to adjust their expectations accordingly.'#USElection #MonetaryPolicy #MarketFocus #SaxoBank #FixedIncome #EconomicImpact #InvestorExpectations
🚀 SwissBorg Launches USDC Earn Product Utilizing Morpho Protocol
#SwissBorg #USDCEarn #MorphoProtocol #Cryptocurrency #Fintech #CeFi #Web3 #YieldGenerating #CustomizedProducts #CryptoMarkets
According to BlockBeats, on September 10, SwissBorg, a fintech platform focused on cryptocurrency and serving the European market, announced the launch of a yield-generating USDC Earn product utilizing the Morpho protocol. This new product is now available to SwissBorg app users, providing Web2 audiences with access to the customized Morpho Vault.
SwissBorg's USDC Earn product can access Morpho's WBTC/USDC and wstETH/USDC markets, marking the first time Morpho Vaults are used in a centralized finance (CeFi) environment. SwissBorg stated that Morpho Vaults offer customizable infrastructure, allowing CeFi platforms to build tailored products. This approach aims to reduce the perceived risks associated with typical Web3 lending protocols, which expose all users to a broad range of assets under a single, standardized risk profile.#SwissBorg #USDCEarn #MorphoProtocol #Cryptocurrency #Fintech #CeFi #Web3 #YieldGenerating #CustomizedProducts #CryptoMarkets
🚀 Cryptocurrency Market Expected To Surge After Macroeconomic Uncertainty Eases
#Cryptocurrency #Market #Surge #MacroeconomicUncertainty #InterestRates #CPI #FederalReserve #Investment
According to Odaily, Bitwise Chief Investment Officer Matt Hougan anticipates a significant rise in cryptocurrency prices once the current macroeconomic uncertainties begin to dissipate in October and November. Hougan noted that markets generally dislike uncertainty, and the present environment is filled with it. While there is a widespread belief that the Federal Reserve will cut interest rates, the likelihood of a 50 basis point cut in September has decreased. However, with the upcoming Consumer Price Index (CPI) data release on Wednesday and a crucial Federal Reserve meeting next week, the probability of a rate cut exceeding 125 basis points by December has increased.#Cryptocurrency #Market #Surge #MacroeconomicUncertainty #InterestRates #CPI #FederalReserve #Investment
🚀 Andreessen Horowitz To Host First Hack UK Hackathon In London
#AndreessenHorowitz #HackUK #hackathon #London #blockchain #artificialintelligence #infrastructure #digitalidentity #healthcare
According to Odaily, Andreessen Horowitz (a16z) has announced plans to host its inaugural HACK UK hackathon in central London from October 5 to 6. The event aims to foster the growth of the UK's tech industry, focusing on five key themes: blockchain applications, artificial intelligence enhancement, public infrastructure upgrades, digital identity verification, and the future of healthcare.#AndreessenHorowitz #HackUK #hackathon #London #blockchain #artificialintelligence #infrastructure #digitalidentity #healthcare
🚀 Aevo Launches NEIRO Perpetual Contracts on Ethereum
#Aevo #NEIRO #PerpetualContracts #Ethereum #Blockchain
According to Odaily, Aevo has announced on Platform X that it has launched NEIRO perpetual contracts on the Ethereum blockchain.#Aevo #NEIRO #PerpetualContracts #Ethereum #Blockchain
🚀 Paypal And Venmo Integrate Ethereum Name Service For Crypto Transactions
#Paypal #Venmo #Ethereum #ENS #Crypto #Cryptocurrency #Blockchain
According to Odaily, ENS Labs announced on Tuesday that Paypal and Venmo have integrated the Ethereum Name Service (ENS) into their payment platforms. This integration allows users in the United States to send cryptocurrencies by entering ENS domain names, eliminating the need to copy and paste wallet addresses. ENS, established in 2017 with funding from Ethereum, has over 2 million on-chain registered domain names and more than 4 million off-chain registered domain names. Paypal and Venmo began supporting cryptocurrencies in 2021.#Paypal #Venmo #Ethereum #ENS #Crypto #Cryptocurrency #Blockchain
🚀 Ethernity Launches $10 Million Grant Program To Revolutionize Entertainment And Creator Economy
#Ethernity #GrantProgram #Entertainment #CreatorEconomy #Blockchain #Layer2 #DigitalEntertainment #Innovation #Gaming #DeFi #RealWorldAssets #Education #Infrastructure #ERN
According to Odaily, Ethernity, a Layer 2 blockchain solution focused on entertainment, has announced the launch of a $10 million grant program. This initiative aims to transform the entertainment and creator economy by developing Ethernity's Layer 2 ecosystem. The program is designed to support developers, founders, and startups in building digital entertainment services on the Ethernity Layer 2 platform.
The grant program will focus on several key areas, including gaming and entertainment products, blockchain infrastructure, entertainment infrastructure, DeFi tools, real-world assets (RWA), and education and promotion. By targeting these sectors, Ethernity seeks to foster innovation and growth within its ecosystem, providing the necessary resources and support for projects that align with its vision.
Ethernity's commitment to enhancing the entertainment and creator economy through blockchain technology underscores the potential of Layer 2 solutions in driving industry advancements. The $10 million grant program represents a significant investment in the future of digital entertainment, aiming to attract and nurture talent and ideas that will shape the next generation of blockchain-based entertainment services.#Ethernity #GrantProgram #Entertainment #CreatorEconomy #Blockchain #Layer2 #DigitalEntertainment #Innovation #Gaming #DeFi #RealWorldAssets #Education #Infrastructure #ERN
🚀 Solo Miner Wins $181,000 Bitcoin Block Reward
#Bitcoin #Mining #SoloMiner #BlockReward #Crypto #Blockchain #BitAxe #ASICS #Hashrate #FoundryUSA #Antpool #Cryptocurrency #Lottery #BTC
According to CoinDesk, a solo bitcoin miner successfully mined block 860749 on Tuesday, earning a reward of $181,000. This event is notable as bitcoin mining is typically dominated by larger mining pools, such as FoundryUSA and Antpool, which together represent more than 50% of the total hash rate. Bitcoin blocks are produced approximately every 30 minutes, and the reward for successfully mining a block currently stands at 3.125 bitcoin, following a recent halving event earlier this year.
Solo miners generally have limited computing power compared to large mining pools, although new solo mining rigs like BitAxe claim to offer 500 Giga Hashes per second (GH/s). Despite this, a solo miner winning a block is akin to winning a lottery, given the network's all-time high hashrate and difficulty, along with competition from institutional miners with immense computing power. Julio Moreno, head of research at CryptoQuant, explained that while it is not rare for a solo miner to find a block, it remains a low probability event. He noted that the production of small ASICs (mining equipment) has increased, allowing more individuals to mine from home.
Despite the occasional success of solo miners, the mining pool space remains highly concentrated. FoundryUSA and Antpool alone account for 53% of the total Bitcoin network hashrate. According to Hashrate Index, FoundryUSA has a reported hash rate of 202.8 exahashes per second (EH/s), while Antpool has a hash rate of 160.3 EH/s. An exahash is a metric that is one billion times greater than a gigahash.#Bitcoin #Mining #SoloMiner #BlockReward #Crypto #Blockchain #BitAxe #ASICS #Hashrate #FoundryUSA #Antpool #Cryptocurrency #Lottery #BTC
🚀 US 10-Year Treasury Yield Falls to Lowest Level Since June 2023
#USTreasury #TreasuryYield #Finance #Economy #InterestRates
According to BlockBeats, on September 11, the yield on the U.S. 10-year Treasury note dropped to 3.65%, marking its lowest level since June 2023.#USTreasury #TreasuryYield #Finance #Economy #InterestRates