Compiled by: Luan Peng, ChainCatcher
Important Information:
Trump says he won't run again if he loses 2024 election
Harris pledges to include crypto businesses in his vision of an 'opportunity economy' while protecting consumers
Ultra-high net worth accounts with over 1 billion won in virtual asset investments in South Korea account for 47% of the total market
Zhao Changpeng is expected to return to Dubai to reunite with his family after being released from prison
South Korea's Virtual Asset Reporting Center received more than 3,000 reports a year, 15% of which involved false advertising
Argentina busts cryptocurrency mining equipment smuggling ring
U.S. SEC approves Nasdaq to list options on BlackRock Bitcoin ETF
CryptoQuant Lianchuang: Bitcoin computing power dominance is shifting from China to American mining companies
“What important events have occurred in the past 24 hours?”
Trump says he won't run again if he loses 2024 election
According to Jinshi, former US Republican presidential candidate and president Trump said that if he loses the presidential election in November this year, he does not think he will run again in the 2028 presidential election.
Trump was born in 1946 and is now 78 years old. He will be 82 years old by the time of the 2028 US presidential election. Before the current US President Biden announced his withdrawal from the 2024 US presidential election, Trump often used the age issue to attack Biden, who is now 81 years old.
Harris pledges to include crypto businesses in his vision of an 'opportunity economy' while protecting consumers
U.S. Vice President Harris made her first comments on the crypto industry at a recent Wall Street fundraiser, incorporating artificial intelligence and crypto into her vision for an “opportunity economy.”
“To build an opportunity economy, I will bring together workers, small businesses, founders, innovators, and large corporations,” Harris said. “Working together, we will invest in American competitiveness and invest in America’s future. We will encourage innovative technologies like artificial intelligence and digital assets while protecting consumers and investors. We will create a safe business environment with consistent and transparent rules of the road.”
Organizers billed the Manhattan fundraiser as Harris' last chance to speak in person in New York before the November election, and one source described the event as "the hottest ticket of the moment." Tickets for the event, which started at $500 and went up to $1 million, also featured celebrities Anne Hathaway, Whoopi Goldberg and Billy Porter.
Reuters reported on Sunday that Harris plans to "launch a new set of economic policies this week aimed at helping Americans build wealth and creating economic incentives for businesses to help achieve that goal," but again, there are few details.
Ultra-high net worth accounts with over 1 billion won in virtual asset investments in South Korea account for 47% of the total market
There are more than 3,400 ultra-high net worth accounts in South Korea that have invested more than 1 billion won (about 749,000 US dollars) in virtual assets, with an average investment of 9.45 billion won (7.08 million US dollars) per account.
According to data obtained by South Korea's Democratic Party lawmaker An Daojie from the Financial Supervisory Service, among the 7.7 million virtual asset accounts opened by South Korea's two major virtual asset exchanges, Upbit and Bithumb, only 1% have assets exceeding 100 million won, but the scale of investment accounts for 70% of the total amount.
Among these high-value accounts with investments exceeding 1 billion won, the average investment amount reached 9.45 billion won. These high-value investors accounted for only 0.04% of all accounts and held 47% of the total investment amount in the virtual asset market, showing that the cryptocurrency market is more concentrated than the stock market.
Among these high-value accounts with more than 1 billion won, investors in their 40s account for the largest proportion, and the largest average holding size is among investors in their 50s, at an average of 14.8 billion won.
Zhao Changpeng is expected to return to Dubai to reunite with his family after being released from prison
According to Hong Kong media Aastocks, Binance founder and former CEO Zhao Changpeng will be released from prison on September 29 and is expected to return to Dubai to reunite with his family after being released from prison. Zhao Changpeng was sentenced to four months in prison by a U.S. federal court for money laundering in April this year and was imprisoned in California at the end of May. In addition, the U.S. Securities and Exchange Commission (SEC) recently filed a lawsuit against Binance again, reiterating that the exchange violated federal securities laws.
South Korea's Virtual Asset Reporting Center received more than 3,000 reports a year, 15% of which involved false advertising
According to data obtained by Lee In-young, a member of the Democratic Party of Korea, from the Financial Supervisory Service, the Virtual Asset Investment Fraud Reporting Center (now the Virtual Asset Unfair Trading Reporting Center), which was established and operated in June last year, received a total of 3,036 reports as of July this year. In 2023, a total of 1,532 reports were received, of which 44% were other reports that were not related to virtual assets or difficult to classify. The second largest category was false and exaggerated propaganda (15%), online fraud (14.6%), investment guidance groups (11.9%), and love fraud (11%).
Of the 1,532 reports received in 2023, only 36 actually involved unfair trading, accounting for only 2.3%.
Argentina busts cryptocurrency mining equipment smuggling ring
Argentine tax officials and naval security personnel have jointly taken action to dismantle a large-scale Bitcoin mining equipment smuggling gang. In this "major operation", the Argentine Navy General Administration (PNA) and the Federal Public Revenue Administration (AFIP) conducted multiple raids and seized hundreds of high-end mobile phones, graphics cards and mining components.
Officials revealed that the gang used "crypto investments" to launder money and smuggle in cities such as Mar del Plata and Bahia Blanca. More than 30 million pesos (about $31,000) and $19,000 in cash were seized in the operation, and four suspects have been arrested and face charges related to smuggling and money laundering.
U.S. SEC approves Nasdaq to list options on BlackRock Bitcoin ETF
According to Decrypt, the U.S. Securities and Exchange Commission (SEC) has approved a rule change that allows the Nasdaq International Securities Exchange to list and trade options on BlackRock's spot Bitcoin ETF (iShares Bitcoin Trust, IBIT). This decision marks another step in expanding the range of Bitcoin-related derivatives, providing investors with additional tools to manage their exposure to the world's largest cryptocurrency.
BlackRock has been seeking approval for such a listing since at least March, since regulators approved multiple bitcoin-related ETFs in the U.S. The SEC’s approval followed several amendments submitted by Nasdaq ISE to address concerns about manipulation and excessive risk-taking in the emerging crypto options market.
IBIT options will be physically settled and exercised in a U.S.-style manner, providing hedging services for investors seeking to manage Bitcoin-related risks. Despite the approval, the SEC's move stems from continued concerns about the potential risks of cryptocurrency derivatives. Comment letters submitted during the review process highlighted concerns about market volatility and the broader integration of cryptocurrencies with traditional financial markets. Some urged the SEC to postpone approval until the Bitcoin market stabilizes further. In any case, the SEC found that the exchange's monitoring mechanisms, including real-time monitoring and a cross-market monitoring sharing agreement with the Chicago Mercantile Exchange, were sufficient to prevent manipulation.
CryptoQuant Lianchuang: Bitcoin computing power dominance is shifting from China to American mining companies
CryptoQuant co-founder Ki Young Ju expressed his opinion that the dominance of Bitcoin computing power is shifting to American mining companies.
According to Ki Young Ju, Chinese mining pools currently operate 55% of the network's computing power, while American mining pools manage 40% of the computing power. He further explained that American mining pools mainly serve institutional miners in the United States, while Chinese mining pools support relatively small Asian miners.
TON Asia Development Relations Director: RWA, Launchpool and other projects are very promising on TON
Howard, TON's head of Asia development relations, wrote in an article on X that despite the recent activity in the mini-program gaming sector, there are still many areas to be explored in the TON ecosystem. Howard believes that credit card cashback, gift card business, real asset tokenization (RWAs), revenue products, Launchpool-type projects, and offline QR code payment solutions have great potential and are expected to develop into billion-dollar projects on the Telegram mini-program and TON blockchain.
He said that compared to EVM ecosystems such as Ethereum, TON is more suitable for young developers and Web2 game studios because it has a large user base and real growth potential.
Bernstein report: Markets are still confused by Harris's uncertainty about crypto policy, and market sentiment will be stronger after Trump wins
According to The Block, Bernstein analysis pointed out that although US Vice President Kamala Harris recently expressed support for the crypto industry at a fundraising event, the market is still confused about its policy uncertainty. In contrast, the crypto market sentiment after Trump's victory may be stronger because he has clearly promised to make the United States a "crypto capital" and support DeFi, asset tokenization, and Bitcoin mining. However, regardless of the election results, the current ETF inflows of Bitcoin and Ethereum and the Federal Reserve's loose monetary policy are expected to continue to drive the market up.
BlackRock IBIT modifies custody agreement with Coinbase, requiring withdrawals to be completed within 12 hours
According to HODL15Capital citing SEC filings, BlackRock's Bitcoin ETF IBIT has modified its custody agreement with Coinbase, requiring withdrawals to be completed within 12 hours.
These adjustments reflect BlackRock’s efforts to respond to recent allegations, enhance its operating framework and improve liquidity.
Early Bitcoin players were defrauded by fake "Jingxiang" and "Xu Jiayin" scammers and lost 700,000 yuan
An early Bitcoin player named "Baoan Kongkong" posted on X that he had been defrauded by fake "Jingxiang" and "Xu Jiayin" scammers and lost 100,000 U (about 700,000 yuan).
He said that the scammer added him through a business card recommendation, and then sold USDT at a low price as bait, defrauding him of 100,000 USDT. After finding out that the other party had not undergone real-name authentication and his identity was fake, he realized that he had been cheated.
As of now, the victims have begun to contact Binance, Tron, OKLink and friends around them, and reported to the police.
According to ChainCatcher, many people have fallen victim to similar scams and lost their personal assets. Please be careful to identify them.
"What are the interesting articles worth reading in the past 24 hours?"
TOKEN2049: As the temperature difference grows, the strong get stronger
The new four kings of the crypto industry are born, the strong become stronger, the weak are confused, and the Matthew effect begins to emerge.
15 potential benefits you can’t miss on Breakpoint
The fourth Breakpoint will be held in Singapore from September 20 to September 21, Beijing time. As the largest and most influential ecological conference in the Solana ecosystem (especially considering that the fermentation time of Breakpoint last year was almost highly consistent with the explosive pull cycle of SOL), Breakpoint carries the information exchange expectations of the entire Solana ecosystem for value judgment, future direction, and wealth code.
In the following article, KOLfabiano.sol, who focuses on the Solana ecosystem, summarizes the publicity plans and potential publicity content of major ecological projects during the Breakpoint cycle. For investors who are interested in participating in the Solana ecosystem, this inventory may be regarded as an "upgrade notice" for the second half of the year.
For the Solana ecosystem, Breakpoint has been a gold mine for alpha information and early insight leads.
After last year’s presentation, Nosana saw 400x growth.
I looked up a list of Solana ecosystem projects that are interested in promoting during the Breakpoint cycle. The following projects may be expected to rise after releasing positive news.
Exclusive interview with the bar owner who bought Trump burgers with Bitcoin: From Fidelity "Mafia" to Bitcoin Burgers
On September 19, Trump bought burgers for supporters at PubKey, a Bitcoin-themed bar in New York City, and paid with Bitcoin. Trump paid $998.7 in Bitcoin through the Strike payment app, which is built on the Lightning Network. The bar used the Zaprite app to receive Bitcoin.
PubKey is a well-known Bitcoin bar in Manhattan. It features Bitcoin payments and has become a gathering place for Bitcoin enthusiasts. Fortune conducted an exclusive interview with PubKey owner Thomas Pacchia to take you to the story behind Trump's purchase with Bitcoin. The following is the content details.
Is MicroStrategy’s model a scam?
Interesting fact: Michael Saylor’s MicroStrategy was one of the companies that suffered the most severe market value shrinkage and losses during the Internet crisis in 2000, and his own wealth also suffered a huge drawdown during the bursting of that bubble.
Now, MicroStrategy's main business is online AI and data analysis, and its official website interface remains at the level of a traditional Internet B2B company. In addition to the company's large holdings of BTC, in my opinion, there are almost no products or technologies that can support MicroStrategy's current market value of more than 20 billion US dollars...
Solana’s new mobile phone Seeker is unveiled. Can it make a profit through airdrop this time?
On September 19, Solana Mobile, a subsidiary of Solana Labs, officially announced the new web3 smartphone Seeker, which is the second generation of web3 smartphone developed by the company after the first generation web3 phone Saga. Earlier this year, Seeker started pre-sale under the code name "Chapter 2", and according to official announcements, pre-sales have exceeded 140,000 units.
Previously, the main reason why Chapter 2 was able to complete a large number of pre-sale orders without revealing the specific information of the device was that the airdrop appreciation of the first-generation web3 phone Saga by the Solana chain project far exceeded the purchase cost. Therefore, people have similar expectations for the second-generation phone.
It is reported that the early bird pre-sale price of $450 for Seeker will end on September 21. With the release of the specific details of the Seeker phone, what are the highlights of its device functions compared with the first generation of Saga phones that are worth buying? From the perspective of airdrops, if you buy now, can you expect to get your money back through airdrops?
This article briefly introduces the specific details of the Seeker phone, and statistics the airdrop value received by previous Solana phone pre-orderers, hoping to provide a reference for readers' purchasing decisions.
