🌟 The crypto world is changing! Pectra upgrade, Terraform liquidation, Genesis theft, what happened overnight?

Good morning everyone! 👋 Today I bring you a summary of the important overnight dynamics of Golden Finance. Let's take a look at what major events happened in the crypto circle last night!

📰 News source: This is the morning news summary of Golden Finance from 21:00 to 7:00 on September 20, covering many important events in the cryptocurrency field.

Let's analyze them one by one:

1. 🚀 Ethereum Pectra upgrade will be executed in two times

- This shows the Ethereum team's cautious attitude towards the upgrade process, and step-by-step execution can better control risks.

2. 💼 Terraform Labs is allowed to start liquidation

- This may be the last chapter of the Luna/UST collapse incident, which is a warning to the entire industry.

3. ⚖️ Consensys v. SEC case was dismissed

- This reflects the ongoing game between the crypto industry and regulators, and regulatory issues remain a major challenge.

4. 👁️ Worldcoin tests facial recognition function

- The balance between privacy and innovation is a difficult problem, and this technology may trigger more discussions.

5. 📊 Major banks have different expectations for the Fed's interest rate cuts

- The uncertainty of the economic outlook may affect the direction of the crypto market.

6. 🚫 Germany closes 47 suspicious crypto exchanges

- Countries are tightening their supervision of the crypto industry, and compliance will become the key to the survival of exchanges.

7. 🚨 Genesis creditor assets were stolen, with a loss of US$243 million

- Security issues are still a pain point in the crypto industry, and more technological and management innovations are needed.

8. 🗣️ US congressmen expressed their expectation to work with Trump to fire the SEC chairman

- Political factors may affect the future direction of crypto regulation.

What major trends do these events reflect? 🤔

It shows that the crypto industry is undergoing a complex period of transformation. Regulation, security, technological innovation and political factors are all shaping the future of the industry.

Finally, I would like to ask you a question:

In the face of these challenges and changes, how do you think the crypto industry should respond to achieve healthy and sustainable development? Welcome to share your views in the comment section! 💬

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