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Crypto startup Sorella Labs completes $7.5 million seed round led by Paradigm According to The Block, the crypto startup Sorella Labs, which aims to solve the Ethereum MEV problem, has completed a $7.5 million seed funding round, led by Paradigm, with participation from Uniswap Ventures, Bankless Ventures, Robot Ventures, and Nascent. To curb MEV attacks, Sorella Labs is developing two tools, Brontes and Angstrom, with Brontes having launched today and Angstrom expected to be released later this year after the launch of Uniswap V4 on the mainnet. $BTC $ETH $BNB
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Binance Launchpool to List Dogs (DOGS) PANews, August 21 news, according to Binance announcement, Binance will launch the 57th project on Launchpool - Dogs (DOGS), which is a Ton memecoin developed by the Telegram community. Users can start staking BNB and FDUSD to earn DOGS tokens from 8:00 AM (Beijing time) on August 23, and the activity will last for three days. The page is expected to go live 24 hours before the Launchpool launch. Binance will list DOGS at 8:00 PM (Beijing time) on August 26, and open DOGS/USDT, DOGS/BNB, DOGS/FDUSD and DOGS/TRY trading pairs, and DOGS will be marked as "Seed Tag". Reminder to users: Any claims of selling this token before this date are false advertisements. $BTC $ETH $BNB
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Fed Governor Bowman: If inflation continues to fall, he will support rate cuts ChainCatcher news, Federal Reserve Governor Bowman said she still believes there are upside risks to inflation, but if price growth continues to slow, it would be appropriate for the central bank to begin gradually lowering interest rates. In her remarks, she stated that if future data continues to show that inflation is progressing towards our 2% target, it would be appropriate to gradually lower the federal funds rate to prevent monetary policy from becoming overly restrictive. Bowman believes that "some further progress has been made in reducing inflation" in recent months, but upside risks remain due to "heightened geopolitical tensions, additional fiscal stimulus measures, and increased housing demand driven by immigration." Additionally, she stated that the labor market continues to loosen, and there are signs that the labor market is trending towards better balance. $BTC $ETH $BNB
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In the past 24 hours, the entire network has liquidated $137 million, and the total market value of cryptocurrencies has fallen back below $2.2 trillion According to CoinGecko data, the current total cryptocurrency market capitalization is $21.87 billion, with a 24-hour decline of 0.8%. Additionally, BTC's market dominance is 53.4%, and ETH's market dominance is 14.2%. Furthermore, according to Coinglass data, the total liquidations in the past 24 hours amounted to $137 million, with $75.06 million in long liquidations and $61.57 million in short liquidations. $BTC $ETH $BNB
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Fed Governor Bowman: If inflation continues to fall, he will support rate cuts On August 21, Federal Reserve Governor Bowman stated that she still believes there are upside risks to inflation, but if price growth continues to slow, it would be appropriate for the Federal Reserve to begin gradually lowering interest rates. In her remarks, she stated that if future data continues to show that inflation is progressing towards our 2% target, it would be appropriate to gradually lower the federal funds rate to prevent monetary policy from becoming overly restrictive. Bowman believes that "some further progress has been made in reducing inflation" in recent months, but upside risks remain due to "heightened geopolitical tensions, additional fiscal stimulus measures, and increased housing demand driven by immigration." Additionally, she stated that the labor market continues to loosen, and there are signs that the labor market is trending towards better balance. $BTC $ETH $BNB
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