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Money & Crypto News

Apple will open the payment chip to third parties and charge fees

After years of pressure from regulators, including the European Union, Apple (AAPL.O) announced on Wednesday local time that it would start allowing third parties to use the iPhone's payment chip for transactions, which will enable banks and other services to compete with Apple Pay platforms. Struggle. Apple said that it will allow developers to use NFC-supported payment chips from iOS 18.1, and users can also set third-party payment applications as the default system to replace Apple Pay. However, according to Wednesday's statement, under the new payment method, Apple will still require developers to pay "relevant fees" for using NFC chips and sign a "commercial agreement".

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BTC fell below $58,500

The market shows that BTC fell below $58,500, and now it is reported at $58,468, with a 24-hour decline of 4.25%. The market fluctuates greatly. Please do a good job in risk control.

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Renzo and Jito cooperate to launch the LRT token ezSOL

The re-pledge agreement Renzo Protocol and the mobile pledge agreement on Solana Jito Network cooperated to launch the LRT token ezSOL, ezSOL is the first similar product on Solana. The user uses jitoSOL as the basic pledge asset to cast ezSOL.

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Neura will launch the main network in the fourth quarter to support the migration of some ANKR tokens

The Layer1 blockchain Neura launched by Ankr announced that it will prepare for the full deployment of the Neura main network in the fourth quarter. The highlights include: migration of some ANKR tokens, acceptance of the first batch of IMO protocols, integration of DeFi, and the launch of computing resources.

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Sushi aggreger integrates Cronos and supports trading Cronos tokens in Sushi UI

Sushi announced its support for the Cronos network. Through Sushi's aggregator Route Processor, DEX VVS Finance aggregates liquidity from Cronos. Users can now directly use Sushi UI in C ronos exchange tokens.

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Trump will hold a press conference in New Jersey on Thursday

Donald Trump will hold a press conference in New Jersey on Thursday.

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HC Wainwright raised the target price of Bitcoin mining company Hut 8 to $13.5, and the rating was upgraded to buy

The brokerage company HC Wainwright upgraded the rating of Bitcoin mining company Hut 8 from sell to buy, and also significantly raised its target price from $7.5 to $13.5. It is reported that Hut 8 may benefit from the growing demand for energy and infrastructure from artificial intelligence (AI) companies, and the possibility of signing high-performance computing (HPC) or AI customers increased after Coatue invested $150 million in June. HC Wainwright also disclosed that Hut 8 is actively negotiating with potential customers on large-scale HPC and AI projects.

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A whale sold 420 billion PEPEs two hours ago, worth about $3.13 million

According to Lookonchain monitoring, a whale sold 420 billion PEPEs two hours ago, worth about $3.13 million. The whale spent 3.13 million USDT on August 5 and August 12 to buy 420 billion PEPE, and the sale made only $30,000.

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TON cooperates with Pyth Network to provide real-time DeFi data

The open network of the decentralized blockchain platform TON and the decentralized data oracle Pyth Network cooperate to provide institutional-level real-time price data for TON developers. Through this cooperation, Pyth's oracle data will be integrated into TON, enabling developers to create unique decentralized applications. At the same time, Pyth's technology provides multi-layer protected real-time price data, supports DeFi projects in the TON ecosystem, and will also help TON attract more users into the on-chain space through Pyth's low-latency data capability.

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Catizen will launch the mini-game "Order Chaos Path Heroes" in its mini-game center

On August 14, Catizen officially announced that it will launch the mini-game "Order Chaos Path Heroes" in its mini-game center.
On July 23, Binance Labs announced its investment in Pluto Studio, the publishing platform for the Telegram-based Web3 game Catizen. On June 29, Catizen, a Ton ecological chain game project, announced that it would launch a game platform. It is reported that Catizen plans to launch more than 200 mini-games, turning Catizen from a single mini-game into a game center.

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Fed megaphone: July CPI clears the way for September rate cuts

On August 14, Nick Timiraos, the "Fed megaphone", wrote that the July CPI data cleared the way for the Fed to start cutting interest rates at the next meeting. As the labor market has recently shown signs of potential weakness, the debate at the Fed's September meeting will focus on whether to cut interest rates by 25 basis points in the traditional way or a larger 50 basis points. The inflation data released on Wednesday did not resolve this debate. Instead, the debate may depend on labor market reports, including weekly initial jobless claims and the August non-farm payrolls report to be released on September 6. The inflation report released on Wednesday was mild, but the strong rise in housing costs may reduce enthusiasm for the data. However, Fed leaders have hinted that they are ready to start cutting interest rates next month, partly because inflation data in May and June were also much milder.

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Circle CEO: Doubtful of Trump's use of Bitcoin as a reserve currency

According to financial reports, Circle CEO Jeremy Allaire said in an interview with CNBC that cryptocurrency is already a "purple" issue, or a bipartisan issue, but more action is needed to consolidate this status, otherwise the United States will miss the opportunity to lead in this field.

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Windows exposes another serious security vulnerability, which can be invaded through IPV6 without user authentication

On August 14, Microsoft officially disclosed that a serious security vulnerability was recently exposed in the Windows system, numbered CVE-2024 -38063, which affects all supported Windows versions, including Windows 11, Windows 10, and multiple versions of Windows Server. The CVSS3.1 score of the vulnerability is 9.8, which is an "important" level. Attackers can remotely invade devices through specially crafted IPv6 packets and execute arbitrary code. The vulnerability exists in the TCP/IP network stack of Windows and is a serious remote code execution vulnerability. Attackers can trigger the vulnerability and remotely execute code by repeatedly sending specially crafted IPv6 packets to Windows devices without user interaction or authentication.

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Matrixport: The market continues to buy Bitcoin ETFs on dips

On August 14, Matrixport released its latest opinion, saying that since March 2024, Bitcoin spot ETF buyers have been strictly implementing a strategy of buying on dips and waiting on highs.
With the opening of the 13F quarterly reporting period today, funds with more than $100 million in US stock investments will begin to disclose. It may be found that more pension funds and asset management companies increased their holdings of Bitcoin ETFs in the second quarter, which may boost the confidence of institutional investors.

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Web3 game studio Autoverse Studios completes $8 million in financing, led by White Star Capital

On August 14, according to Venturebeat, Web3 game studio Autoverse Studios completed $8 million in financing. This round of financing was led by White Star Capital, with participation from Sfermion, RockawayX, Ocular, Sidedoor Ventures, MCE Group, Saison Capital and LiquidX.

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Moonshot updates the Meme coin issuance fee agreement to distribute profits to creators and most holders

According to Meteora's official news, through Moonshot's launch of Meme tokens on Meteora, the creators and most holders will receive locked lifetime liquidity fees. Moonshot hopes to turn creators and early supporters into shareholders to benefit from the long-term growth of tokens, while reducing repeated pull-up and selling. The initial liquidity is permanently locked, and income is distributed to liquidity providers. The dynamic fee agreement ranges 0.15-15%, and 80% of the funds collected through dynamic fees will be distributed: 20% is allocated to token creators; 70% is allocated to the original top 50 token holders; 10% is allocated to DexScreener; The 20% dynamic fee is passed on to the integrators and trading robots that refer traders to the capital pool. Previously, on June 25, DEX Screener launched the token distribution platform Moonshot. According to reports, the tokens issued on the platform have no pre-sale, no insiders, and a fixed supply of 1 billion. Once the market value reaches 500 SOL, all remaining tokens and liquidity will be migrated to Raydium and the liquidity will be locked by destroying LP tokens.

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stable currency payment application Sling Money completed $15 million in Series A financing

Sling Money, a stable currency payment application, completed a round A financing of $15 million, led by Union Square Ventures, Ribbit Capital and Slow Ventures. . Sling Money previously raised $5 million in seed round financing led by Ribbit Capital and participated by Slow Ventures. Sling Money combines stablecoin technology with a user-friendly interface and seamlessly integrates with the legal payment system to achieve better and cheaper global capital transfer.

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Wisconsin Investment Commission increases holding of Blayard Bitcoin ETF

According to Bitcoin Magazine, since the last submission of documents to the U.S. Securities and Exchange Commission, the Wisconsin Investment Commission has increased its holdings of the Bredd Bitcoin ETF.

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Goldman Sachs: The possibility of the Federal Reserve shating interest rates by 50 basis points in September has not been ruled out

Lindsay Rosner, head of multi-departmental fixed income at Goldman Sachs Asset Management, said that tonight's CPI data cleared the way for a 25 basis point interest rate cut in September, but considering that there will be more data in the future, the possibility of the Federal Reserve rate cut by 50 basis points has not been ruled out.

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Wormhole announces platform development roadmap: MultiGov, a multi-chain governance solution, is planned to be launched by 2025

According to official news, Wormhole announced the platform development roadmap, which will introduce major UX/UI improvements and a series of new products in Wormhole Era3, including native Swap, fast transfer, more native token exchange options and Portal, Major enhancements to Wormhole Connect and TypeScript SDK. It is expected to launch the first multi-chain governance solution MultiGov in 2024-2025, launch Worhole DAO, and upgrade the ZK platform to provide ZK light client and launch for Ethereum, Near, Sui, Aptos and Cosmo. Community incentive activities.

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Today, spot Bitcoin ETF in the United States increased its holdings by 1,190 BTC, and spot Ethereum ETF increased its holdings by 18,726 ETH

According to lookonchain monitoring, today (August 14), 10 U.S. spot Bitcoin ETFs increased their holdings by 1,190 BTC, or about $70.77 million; 9 spot Ethereum ETFs increased their holdings by a total of 18,726 ETH, or about $49.76 million.

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Swell launches liquidity re-pledge token swBTC

On August 14, the Ethereum pledge project Swell launched the liquidity re-pledge token "swBTC". Users can deposit wBTC to obtain swBTC to generate income. wBTC is a token linked to BTC 1:1 and can be used in the Ethereum network. It is expected that the re-plealed proceeds will be issued from mid-September. Before that, swBTC will receive 3 times Black Pearls plus Symbiotic points.

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Re-pledge protocol Symbiotic extension supports Bitcoin

Symbiotic, a re-pledge agreement, announced that it had supported Bitcoin and extended shared security beyond Ethereum. Symbiotic is launching various ERC-20 implementations of Bitcoin to support the decentralization and security of the Bitcoin protocol, and will support other assets in the future.

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SEC accuses Russell Todd Burkhalter and his company of a $300 million Ponzi scheme

On August 14, the U.S. Securities and Exchange Commission (SEC) announced today that they have obtained emergency permission from the court for preliminary injunctions, asset freezes, etc. to investigate Atlanta Drive Planning LLC and its founder and CEO Russell Todd Burkhalter. The SEC alleges that Drive Planning and Burkhalter raised more than $300 million from more than 2,000 investors for so-called real estate investments from 2020 to June 2024 by promising high returns ("10% interest every 3 months"). But in fact, this is just a typical Ponzi scheme, where they use new investor funds to pay returns to existing investors.

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Offchain Labs announces the establishment of a new business unit "Tandem", focusing on the Ethereum ecosystem outside of Arbitrum

On August 14, Bloomberg reported that Offchain Labs, the developer of the Arbitrum blockchain, announced the establishment of a new business unit "Tandem". Offchain Labs has invested $10 million in the department, focusing mainly on Ethereum ecosystem projects outside of Arbitrum.
Offchain Labs is supported by venture capitalists such as Lightspeed Venture Partners and Ribbit Capital. Tandem will focus on promoting the application of blockchain in the mainstream market, such as Robinhood and blockchain games in cooperation with Arbitrum. Offchain Labs expects that the new department will become one of its main sources of revenue.

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Industry insiders: Thailand's crypto policy may not be greatly affected by the dismissal of Prime Minister Setia

According to financial reports, the Constitutional Court of Thailand ruled on the 14th that Prime Minister Setia was unconstitutional and dismissed immediately. Last week, the Securities and Exchange Commission of Thailand (SEC) launched a sandbox for cryptocurrency-related businesses. Bitazza Thailand CEO Tanawat Sutunthivorakoon said that this incident has little impact on digital asset regulation.

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GM tokens are now live

On August 14, gm .ai officially posted on social media that GM tokens are now live. Pre-sale participants have been airdropped xGM, and GM has been pre-deposited in the anchoring plan. If users choose to continue to participate in the Anchor plan, no action is required. If you need to withdraw, you can convert xGM to GM. Airdrop participants will receive it in the mini program within 24 hours.

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Network3 will start pre-sale of mining machines on the 20th, supporting dual mining of IOTX

On August 14, at the DePINsubmit Summit of Stanford Blockchain Week in New York, Network3, an AI infrastructure project of the IoTeX ecosystem, said that it will start pre-sale of the first batch of physical mining machines on August 20. The mining machine will integrate IoTeX's on-chain device identity module ioID, becoming the first Web3 device verified by a third party on-chain and off-chain. Devices with integrated ioID will be able to obtain income from dual mining $ IOTX in addition to Network3's native currency.

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"Miner capitulation" and new highs in hash rate may indicate a bottom in Bitcoin prices

On August 14, miners continued to increase their network hash rate despite the recent drop in Bitcoin prices, indicating positive sentiment after the capitulation event that usually marks a price bottom.
On August 5, Bitcoin outflows surged to 19,000 BTC, the highest level since March 18, with miners capitulating in large numbers. At this time, the price of Bitcoin hit $49,000, indicating that miners sold assets to cover costs as profit margins tightened.

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Suspected Justin Sun address deposited 596 BTC to CEX, equivalent to about 36 million US dollars

On August 14, according to ai_9684xtpa monitoring, the suspected Justin Sun address 1JScg...N6aiK recharged 596.601 BTC to Binance two hours ago, worth 36.47 million US dollars.
These 1,000 BTC were redeemed from Merlin Chain by the address 1BGH3...5rA4L two days ago. 500 of them were recharged into the trading platform as early as 08.12, and the rest were transferred today.

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