Ex-St. Louis Fed Prez James Bullard says he’s discussed potentially replacing Jerome Powell as Fed Chair with Treasury Sec. Yellen & would follow her lead. Bullard stressed he’d prioritize low inflation & Fed independence, despite potential White House input. He’d accept a nomination. #Fed #economy
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Fed rate cut odds jump to 90.1% for September after latest CPI data! Markets now expect a 25 bps cut next month, with potential for 50 bps in October. #Fed #CPI #RateCut
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Vietnam to pilot a digital asset exchange & is exploring a CBDC! 🇻🇳 New policies expected in August will cover trading & asset management, with a focus on blockchain security. #Vietnam #DigitalAssets #Blockchain #CBDC
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Fed likely to cut rates in Sept after encouraging inflation data! 📉 Treasury yields fell & the dollar weakened as traders bet on a 25 bps rate cut at the Sept 17th meeting (80%+ probability). #economy #fed #interestrates
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US inflation rose modestly in July (0.2% MoM, 2.7% YoY), but data accuracy is now in question. Core CPI jumped 0.3% MoM—a 6-month high. Budget cuts led to data collection pauses, including a full stop in Nebraska, raising concerns about reliability. #inflation #economy
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US Core CPI jumped to 3.1% YoY in July, a 5-month high & above forecasts of 3.0%. Overall CPI held steady at 2.7%, missing expected 2.8% rise. #CPI #inflation
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BitMine (BMNR) plans to raise $20B by issuing more stock, increasing total authorized shares to $24.5B. Funds will be used to buy more Ethereum. Stock closed at $58.98 on Aug 11th. A big move for the crypto ATM operator! #cryptocurrency #ethereum #stockmarket
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ETHZilla (180 Life Sciences) holds $349M in Ethereum (82,186 ETH) bought at avg $3,806.71! 🚀 They’re staking with Electric Capital for revenue & becoming an Ethereum reserve management platform. Also have $238M in cash. #ETH #Ethereum #crypto
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eToro reports $30.2M Q2 net profit, slightly down from last year. Revenue up to $2.09B! 🚀 AUM surged 54% to $17.5B with 3.63M funded accounts. Expanding crypto offerings in the US with 100+ new coins & tokenization plans. 💪 #eToro #fintech #crypto
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1Kosmos just raised $57M Series B (+$10M credit) to boost biometric identity security! 🚀 Funding will fuel product innovation & expansion into new markets (NA, Europe, ME, APAC). Deeper integrations with IAM, CIAM, PAM & Zero Trust platforms are planned. #biometrics #identitysecurity
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Revolut now supports trading of the $PARTI token! 🎉 The popular fintech (serving 60M+ users) partnered with Particle Network to boost RWA trading. Available to EEA & UK users in local currency or USD. #Revolut #PARTI #RWA #DeFi
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CYBER token soared 130% after listing on Upbit, jumping from $1.88 to $4.34! 🚀 A large transfer of 1.744M CYBER (worth ~$6.18M) was also recorded to Binance. 👀 Investors are watching for potential impact on price. #CYBER #crypto #Upbit #Binance
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Vitalik Buterin: Balance ideology with data! Ideologies focus communities, but rigidity can hurt. Prioritize principles & *choose* ideologies based on data to reduce extremism & improve results. 💡 #ethereum #web3
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Vitalik Buterin argues life extension & gene editing tech *must* be open-source to avoid wealth/power concentration. Open-source boosts accessibility, security & empowers users, preventing misuse & global inequalities. He wants it to be the standard for new innovations! #opensource #web3
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USDC Treasury Mints $500 Million in USDC on Solana
USDC Treasury has minted 500 million USDC on the Solana blockchain in two separate transactions, according to a report from Whale Alert. The transactions, totaling 250 million USDC each, occurred at 18:55 and 18:56 Beijing time.
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Ex-Revolut team’s derivatives DEX, Extended, just launched on Starknet! 🚀 Offering 50+ trading pairs & up to 100x leverage, it previously hit $319M daily volume & 70% annualized yield. $6.5M funded. US users currently restricted. #DeFi #Starknet #DEX
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HTX Exchange launches a "TRUMP Earn" campaign! Get up to 20% APY on TRUMP holdings. New earn platform users get a whopping 100% APY for 7 days. Access via the HTX App/website: Earn > TRUMP Earn. #DeFi #TRUMP #HTX
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Circle launched ARC, a new Layer 1 blockchain built for stablecoins! 🚀 It aims to provide dedicated infrastructure for the growing stablecoin market & expand Circle’s digital currency ecosystem. More details coming soon! #stablecoins #blockchain #ARC
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Radiant Capital hacker is moving stolen funds! 3,091 ETH ($13.26M) converted to DAI & transferred to a new address (0xA4F2…eB51) following the $53M exploit on Oct 17. Funds are being obfuscated. Investigation ongoing. #RadiantCapital #hack #crypto
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Faye Wong, the Cantopop icon, reportedly saw a 10x return on a 2019 AI investment! She did her research *before* ChatGPT hype, discussing it recently with Li Dan. Smart investment!
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