Vice Presidents Trump and Harris Take to the Stage!
Vice presidential candidates Tim Walz and JD Vance are having their first debate before the November election.
This is the only vice presidential debate in the 2024 election and could be the last time the Democrats and Republicans face off on stage.
Similar to the previous battle between Trump and Harris, the debate is an opportunity for the two candidates to show off their political skills and moves, while also promoting their plans for the presidency
Currently, Harris’s approval rating on Polymarket is 50%, close to Trump’s 48%. However, that could all change after the two vice presidents duel!
🇻🇳Dismantling a fraud ring of tens of billions of VND in virtual currency
Quang Nam police have just dismantled a large-scale fraud ring, using the trick of setting up fake virtual currency trading floors to appropriate assets of hundreds of investors across the country.
The group led by Huynh Ngoc Tuan created the "Worldex. live" floor, impersonating investment experts, organizing grand seminars, attracting people to participate. After collecting enough money, they suddenly collapsed the floor in November 2023 and appropriated more than 20 billion VND from the victims.
Not stopping there, just one month later, Tuan continued to launch a new scam floor called "GTG. GLOBAL", continuing to repeat the old trick to defraud more victims. Tuan used all the money he appropriated for online gambling, with the total betting amount exceeding 207.5 billion VND.
Currently, Huynh Ngoc Tuan and his accomplices have been prosecuted for “Fraudulent appropriation of property”. The case is still under investigation, calling on victims to contact us soon to coordinate in resolving the case, while at the same time hunting down the remaining fugitives.
$EIGEN is listed on Binance at a price of around 4$
• Initial circulating supply: 200 million (11.95% of the total supply of 1.67 billion)
However, the actual circulating supply is only about 83.7M (according to Binance) due to the unclaimed airdrop tokens and the claimed tokens being restaken back to the platform. => This is just an estimate, as the figures may change depending on the amount of tokens claimed, restaken and unstaken.
• MC = $334M / FDV = $6.7B
This is a fairly modest capitalization for a project with a large position like EigenLayer
- EigenLayer is the 3rd largest DeFi protocol in the market with 12 billion USD TVL, only behind Lido and Aave.
- The project has raised a total of $164M from many names such as: a16Z, Polychain, Blockchain Capital, Coinbase VC,...
- $EIGEN is used for staking, providing security for authentication services on EigenLayer, while allowing users to participate in system governance and receive rewards.
- Regarding Unlock, Investors and Contributors are locked (55%) for 1 year. By September 30, 2025, 4% of this total 55% will be unlocked every month for 2 years.
- In addition, each year there will be a new amount of EIGEN minted, estimated at about 4% of the total reward supply for users participating in restaking, which means inflationary pressure of 4% EIGEN each year.
🪙 30 minutes ago, the Ethereum Foundation sold another 100 ETH, bringing the total ETH sold since the beginning of this year to 3,766 ETH ~ $10.46M.
Before that, they also transferred 35,000 ETH ~ $94M to Kraken without knowing whether they intended to "dump" or not.
The continuous ETH "dumping" moves have made the community angry and demanded that the Ethereum Foundation transparently state all expenses and large transactions. To calm down, researcher Justin Drake said that the foundation will soon release a full financial report to clear up the bad rumors.
Vitalik Buterin said that the Ethereum Foundation currently spends about 15% of its budget each year, with a balance of $650M in its main wallet. The foundation can maintain stable operations for the next 10 years, depending on ETH price fluctuations.
According to the new bankruptcy documents, FTX creditors can only get back 10-25% of their crypto assets, based on the value at the time of the bankruptcy filing when Bitcoin was around $16,000. According to newly amended bankruptcy documents shared by FTX creditors.
FTX has reached an agreement to repossess $600 million in Robinhood shares to repay the debt. A decision on the reorganization and repayment will be heard by the court on October 7.
Worldcoin has expanded iris authentication to Guatemala, Poland, and Malaysia.
Worldcoin also introduced a new technology called Face Auth, which allows applications to check whether the current user is the same person who previously registered through World ID.
This technology only uses data on the user's phone, ensuring privacy and preventing fraud when the device is stolen.
Just 3 months after Bolivia opened the door for institutions to access Crypto, the country’s trading volume doubled, reaching $15.6 million per month.
Notably, the number of transactions also increased by 141% compared to the first half of 2024, demonstrating the strong appeal of Crypto when legalized.
Previously, Bolivia banned Bitcoin in 2014 to control risks and protect investors. But in June 2024, the country made a 180-degree turn, allowing banks and financial institutions to participate in Crypto trading to modernize the economy and capture world trends.
⚡️Worldpay Prepares to Become a Blockchain Validator
Worldpay is planning to directly participate in verifying transactions on the blockchain for the first time. This is an important step towards deeper penetration into the crypto market.
The company is currently in negotiations with many blockchains to become a Validator operating the network.
Worldpay is a payment giant serving over 1 million global merchants, acting as an intermediary between organizations and major card networks such as Visa.
A report from Chainlink predicts that the global cryptoasset market could reach $10 trillion by 2030, driven by institutional participation and regulatory progress.
Currently, the value of cryptoassets is $118.57 billion, with Ethereum accounting for 58%.
Tokenization makes assets like real estate and private equity more liquid.
OpenAI and Worldcoin, both of which have Sam Altman as their founder, are facing major changes and challenges.
📌 OpenAI moves to for-profit model
OpenAI, which was originally founded as a non-profit, has officially "turned the wheel" to operate for-profit.
The transition will make it easier for OpenAI to raise capital as the company tries to raise another $6.5 billion at an expected valuation of up to $150 billion. The restructuring also marks the first time CEO Sam Altman has taken an equity stake in the company.
📌 A series of key personnel leave OpenAI
CTO Mira Murati, who played a major role in the development of ChatGPT and DALL-E, has left the company after more than 6 years with the company. Along with the departure of other founders such as Ilya Sutskever and Greg Brockman, this raises many concerns about the stability of OpenAI in the future.
📌 Worldcoin receives fine from South Korea
Worldcoin and its parent company Tools For Humanity have just received a fine of $ 830,000 from South Korea for violating the collection and transfer of personal data. Specifically, the project is accused of:
- Collecting iris information of 30,000 users without clearly stating the purpose.
- Transferring personal data abroad without fully notifying.
- Not providing an option for users to request data deletion.
- Lacking an age verification process for child users.
Previously, Worldcoin has also been banned in many countries such as India, Brazil, France, Argentina, Hong Kong and most recently Colombia.
Despite the turmoil, WLD price is still up nearly 17% in the past 24 hours following the recovery of altcoins.
Currently, the game is a bit laggy, but it is easy to play, many interesting features such as pet catching, evolution, skills,.... are not yet fully unlocked.
Basic instructions:
1. If you are new, click on the ball in the middle of the screen to luckily catch a pet, the higher the star pet, the higher the Aresteian crown (Currency in the game) and XP (To increase level) you will receive. If you are unlucky, you will only receive 2 XP
2. The diamond chest in the right corner is used to receive online time rewards, you can receive it for free or use Stars (Ethereals) to receive X rewards.
3. Those who want to invest to level up quickly can go to the Pass and Shop sections to buy support items.
🔥 Kamala Harris Continues to Pledge Support for Blockchain
In her latest speech at the Pittsburgh Economic Conference, Harris stated that under her leadership, the United States will “recommit” to leading in the fields that will “shape the next century,” including blockchain, artificial intelligence (AI), and quantum computing, which is mentioned once on page 56.
She also said: “We will… maintain our dominance in quantum computing, blockchain, and other emerging technologies.”
This is the second time in the past week that Kamala Harris has made positive comments about the Crypto market. The current statements are still quite general, but this is a positive development nonetheless.
🔥 Visa Joins RWA, Bringing Real Assets to Blockchain Visa has just launched the Tokenized Asset Platform (VTAP), which helps banks issue fiat-backed tokens and transact on the blockchain. Specifically:
🔹Issuing and managing fiat-backed tokens: VTAP helps banks issue fiat-backed tokens (such as USD, EUR), allowing them to easily conduct transactions on the blockchain.
🔹Supporting fast cross-border remittances: This is especially useful for multinational corporations that need to transfer money 24/7. Currently, cross-border remittances are often limited in time and complexity, but VTAP can improve this through blockchain.
🔹Tokenized real asset transactions: With VTAP, bank customers can purchase tokenized real assets, such as real estate or bonds, with fiat-backed tokens.
Currently, Visa is working with BBVA bank (Spain) to test and plans to expand the test to a number of other customers in 2025 on the Ethereum blockchain.
BNY Bank Plans to Provide Custody Services for Crypto ETFs as Wall Street Eyes Revenue from Digital Asset Custody, After SEC Relaxes SAB 121 Accounting Rule
The SEC is facing pressure not only from crypto companies, but also from traditional financial firms as Chairman Gary Gensler stands in the way of their money.
Kamala Harris and Donald Trump: Different Approaches to Crypto
Vice President Kamala Harris has recently expressed her first positive stance on Crypto, pledging to promote innovative technologies such as AI and digital assets. However, her stance remains quite general and has no specific roadmap ahead of the election.
However, Ms. Harris's campaign is still maintaining discussions with industry "big guys" such as Ripple and Coinbase, showing progress in approaching the crypto market.
In contrast, former President Donald Trump has shifted from skepticism to full support for crypto. He pledged to make the United States "the crypto capital of the world" if re-elected and will promote policies that are favorable to Crypto.
In short, both recognize the importance of crypto-loving voters in the election. However, Ms. Harris remains reserved and unclear about policy, while Trump has publicly supported and promised to act immediately.
What do you think, which of the two candidates will help crypto grow stronger?
Vice President Harris spoke about crypto for the first time today as a Democratic presidential candidate: “We will encourage innovative technologies like AI and digital assets, while protecting our consumers and investors.”
We need more details on her intentions, but this is a positive sign.
The Cardano Evangelist recently had an interview with Bloomberg News from the TOKEN 2049 event
✍🏻 Summary of the content that Hoskinson conveyed:
👉 3rd generation blockchains such as Cardano, Solana, and Tezos are aiming for 3 core goals: decentralized governance, scalability, and interoperability.
👉 The decisive factor for blockchain to become mainstream is privacy and identity, along with mechanisms to recover lost assets and resolve disputes transparently.
👉 Cardano is focusing on building an effective decentralized governance system, giving the community a voice in important decisions.
👉 Cardano's partner chain Midnight aims to develop secure and compliant smart contracts, opening up blockchain applications for governments and businesses.
👉While Cardano may have dropped out of the top 10 in terms of capitalization, the community remains loyal and committed to the project's long-term vision.