Headlines
▌Vitalik Buterin Donates 100 ETH to Roman Storm Legal Defense Fund
Ethereum co-founder Vitalik Buterin donated 100 ETH, worth about $240,000, to the legal defense fund of Tornado Cash developer Roman Storm, who was accused of money laundering. This is the third time Vitalik has supported the fund, which has now raised more than 327 ETH. A US judge rejected Storm's motion to dismiss the case and the case will proceed. Storm denies the charges and faces up to 45 years in prison if convicted. Despite facing sanctions, Tornado Cash still had deposits of about $1.9 billion in the first half of 2024.
Coinbase files for early appeal to respond to SEC's new move
Coinbase has asked a judge for permission to file an early appeal of its lawsuit against the SEC, as the SEC recently appealed the ruling in the Ripple case. Coinbase hopes to ensure that the Second Circuit will have a full understanding of the case by filing an appeal at the same time. The exchange hopes to review the applicability of the "Howey test" to digital assets, which is the traditional standard for determining securities. Although the SEC has requested that Coinbase's appeal be dismissed, the judge has not yet ruled on it. Industry experts say that the SEC's appeal in the Ripple case strengthens Coinbase's argument and believes that it is a smart move.
Quotes
As of press time, according to Coingecko data:
BTC’s latest transaction price is $62,116.72, with a daily change of +0.2%;
ETH's latest transaction price is $2,421.08, with a daily change of +0.2%;
BNB's latest transaction price is $565.08, with a daily change of +1.7%;
SOL's latest trading price is $143.30, with a daily change of +0.1%;
DOGE's latest transaction price is 0.11 yuan, with a daily increase or decrease of +0.7%;
XPR recently traded at $0.5326, with a daily change of +0.1%.
policy
▌Musk creates PAC to support Trump
Musk announced on the X platform that he created a PAC (Political Action Committee) to support Trump's election as US President.
Blockchain Applications
▌Bitcoin Core 28.0 has been officially released
Bitcoin Core 28.0 has been officially released. This update introduces several new features, bug fixes, and performance improvements.
▌Lamborghini partners with Animoca Brands to bring its sports cars to the Metaverse platform
Lamborghini has partnered with Animoca Brands to bring its iconic sports cars to the upcoming metaverse platform "Fast ForWorld". Players will be able to own and trade these digital Lamborghini sports cars in multiple gaming platforms, with the first batch of assets going live in November.
▌Ubisoft will launch Arbitrum-based NFT collection on Magic Eden
Ubisoft will launch the Arbitrum-based "Niji Warrior ID Cards" NFT collection on the Magic Eden marketplace for its upcoming multiplayer shooter (Captain Laserhawk: The G.A.M.E.). The NFT will reflect player activity and provide game governance functions.
Cryptocurrency
▌Spot On Chain X account suspected to be stolen, released EIGEN airdrop phishing link
On October 6, the official Twitter account of the data analysis agency Spot On Chain was suspected to be hacked, and a fake EIGEN airdrop phishing link was released, and the comment area of the tweet was closed. As of the time of posting, the tweet has been viewed 628,000 times.
▌USDC Treasury mints 50 million USDC
According to the on-chain data tracking service Whale Alert, USDC Treasury minted 50,000,000 USDC at around 01:09 Beijing time today.
▌7171 BTC flowed out of exchange wallets in the past 24 hours
According to the latest data, 7171.08 BTC flowed out of exchange wallets in the past 24 hours, 1503.12 BTC flowed into exchange wallets in the past 7 days, and 41053.33 BTC flowed out of exchange wallets in the past 30 days. As of press time, the total balance of exchange wallets is 2,342,226.02 BTC.
▌EigenLayer Stakedrop 2 is now available
EigenLayer Stakedrop 2 has officially started, and all EIGEN received will be distributed 100% to users. Eligible users can claim rewards at any time before December 1, 2024.
Important economic developments
▌Societe Generale: The labor market is hot and the Federal Reserve is expected to cut interest rates by 25bp in November
Societe Generale said the above-consensus U.S. labor market report firmly pushed the Fed to cut interest rates by 25 basis points in November, rather than 50 basis points. Next week's CPI report may not change this view, as the decline in headline inflation should be driven entirely by fuel prices, while core inflation is expected to remain high.
Golden Encyclopedia
What is the Algorithm of Thought (AoT)?
Algorithms of Thought (AoT) is a groundbreaking approach in the field of artificial intelligence (AI) that revolutionizes the way AI models think and reason. Developed by Microsoft Research, AoT introduces a new paradigm for large language models (LLMs) to enhance reasoning capabilities to solve complex problems. It aims to combine the best of both worlds: a nuanced, intuitive understanding of the human thought process with the structured, systematic nature of an algorithmic approach.
Disclaimer: As a blockchain information platform, Golden Finance publishes articles for information reference only and is not intended as actual investment advice. Please establish a correct investment philosophy and be sure to raise your risk awareness.
