On September 5, according to the China Police Network, the Wuhe County Public Security Bureau of Anhui Province recently made precise assessments and took swift actions, successfully cutting off a chain of criminal activities that used virtual currency trading platforms as a cover to engage in money laundering. Three suspects were eventually brought to justice.
Ethereum Foundation AMA: DA projects such as Celestia cannot compete with the Ethereum mainnet in terms of security, and Blob will never have an impact on Ethereum revenue.
Modular data layer CARV announced that the long-awaited airdrop is about to take place. To ensure the fairness of the airdrop, CARV decided to launch a witch self-surrender mechanism. This mechanism allows multi-account witch users to actively report their behavior within the next 14 days and receive 15% of the originally allocated tokens without facing additional accountability or penalties.
StarkWare announced a partnership with sCrypt and will use a PoC bridge design based on OP_CAT and ZK magic to explore the construction of a Bitcoin-L2 specification bridge.
Ondo Finance announced that it has lowered the minimum limit for instant OUSG transactions. The initial investment requirement for OUSG is $100,000, and the new minimum minting or redemption size is $5,000 thereafter.
DWF Labs co-founder Andrei Grachev said at X that he has completed the design of his synthetic stablecoin. The synthetic stablecoin will support the following collaterals with different annual interest rates: USDt, USDc, DAI, USDe, BTC/ETH, blue chip tokens (limited list), long tail altcoins (limited list).
According to CoinDesk, German industrial giant Siemens AG announced on Wednesday that it had issued a 300 million euro (about 330 million US dollars) digital bond on the blockchain as part of a trial by the European Central Bank (ECB).
The programmable privacy network Aleo announced the incentive plan airdrop targets and the token claiming process, and will open the claiming of reward tokens to eligible participants after the mainnet is launched.
1. Defi's 1inch, aave, crv, sushi, etc. rose. The 1inch team spent more than 500 wu to repurchase. Aave's revenue hit a record high, and mkr gave aave's stablecoin susds incentives.
2. The game's gmt and saga rose. gmt launched a new game stepngo and game currency GGT.
3. Tugou vista rose sharply to a new high. Vista wants to be the pump.fun of the eth chain and go on the gate.
4. Depin's grass launched an airdrop. grass is the decentralized bandwidth of the sol ecosystem, and the airdrop pattern is not large.
#BTC#ETHcontinues to consolidate in weakness ——September 4th market data report: On-chain data shows that#BTCselling pressure is flat, and#ETHselling pressure is high. The strength of the support is declining. The market continues to consolidate in weakness. ETF outflow is large.#BTC#ETH short-selling power is still being released, and shorts will continue to lead the market in a weak position for some time to come.#BTC#ETH contract holdings continue to decline. Funding rate is unable to recover. BTC Short-term support level 57117 Short-term pressure level 58487 Medium-term support level 56529 Medium-term pressure level 59662 ETH Short-term support level 2396 Short-term pressure level 2479 Medium-term support level 2287 Medium-term pressure level 2545 The above information is for reference only and is not an investment advice.
Penpie suffered an attack on its reward protocol, losing about $27 million.
Avalanche launched the Avalanche9000 network upgrade, which is also the largest network upgrade Avalanche has experienced since the launch of the mainnet.
21Shares' parent company 21.co announced the launch of a new wrapped Bitcoin product 21BTC on the Ethereum blockchain. 21BTC stores the underlying assets securely in cold wallets without the need for bridge technology.
ZKsync development company Matter Labs will lay off 16%, or 24 employees.
BNB.xyz, a one-stop on-chain BNB staking platform, announced that it is now officially online.
The TRON network processed nearly 230 million transactions in August, an increase of 7.8% from July.
Ethereum L2 network Scroll released a 12-second animated video on the social platform, ending with the text "Scroll.Soon.", which may imply that major news will be announced soon.
Bank of Japan Governor Kazuo Ueda submitted a document to a government panel showing the central bank will continue to raise interest rates if the economy and prices perform in line with expectations.
One step at a time: DappOS introduction and new activities
1. Introduction In the current cryptocurrency market, the traditional total locked value (TVL) model is facing a serious "rigidity" problem. Although many projects have high TVL, they actually lack real user activity and ecosystem vitality. The root cause of this phenomenon is that traditional income-generating assets often lack sufficient on-chain availability, and the opportunity cost of users participating in these projects is too high. To solve this industry pain point, dappOS launched the innovative concept of Intent Assets. As one of the leading projects in the current intent track, dappOS has received investment from top institutions including Binance Labs and Polychain, and its latest valuation has reached US$300 million. This report will deeply analyze the innovation of dappOS Intent Assets, explore how it can effectively solve the TVL rigidity problem, and the potential impact it brings to the entire crypto industry.
● CME "Fed Watch" data shows that the probability of the Fed cutting interest rates by 25 basis points in September is 67%, and the probability of cutting interest rates by 50 basis points is 33%.
● Uniswap changed its X platform avatar to a fat penguin wearing a pink unicorn hat provided by Pudgy Penguins. Uniswap and Pudgy Penguins cooperated at the Korean Blockchain Week.
● Pendle has reached a cooperation with the intention execution network dappOS. Users holding intention assets will automatically obtain a variety of benefits from Pendle PT while maintaining the flexibility of using native assets.
● Solv Protocol ranked first in the BNB Chain TVL competition, and more than 10,000 BTCB were pledged to SolvBTC.
● Lorenzo, a Bitcoin liquidity financial layer project, announced that the first phase of the mainnet was officially launched, further expanded to BNB Chain, and opened BTCB pledge and launched YAT functions.
● Vitalik Buterin transferred 17.73 ETH to the Gitcoin donation multi-signature address. The last similar transfer occurred in August last year.
1. TRON's SUN is rising, and SUNPUMP will launch a new function SUNBOOST. Brother Sun called out to imitate SBF to buy SUN at 0.03U. In the past month, TRX is the best performing L1.
2. Small coin SELF fell sharply, and a large number of additional issuances were issued after the coin exchange.
3. L2's Taiko fell sharply. Taiko is a ZK rollup, and 20% of the circulation will be unlocked this week.
#BTC#ETHcontinues to consolidate in weakness ——September 2 market data report: On-chain data shows that#BTCselling pressure is falling, and#ETHselling pressure is rising. The strength of the support is declining. The market continues to accumulate momentum in a weak consolidation, and ETH may continue to fall. ETF outflow is large.#BTC#ETH short-selling power has not been fully released, and the energy of shorts will continue to be released in the future.#BTC#ETH contract holdings are flat at a low level, and there is a possibility of continuing to fall. The funding rate is unable to recover. BTC Short-term support level 56772 Short-term pressure level 59121 Medium-term support level 55668 Medium-term pressure level 60733 ETH Short-term support level 2384 Short-term pressure level 2532 Medium-term support level 2296 Medium-term pressure level 2586 The above information is for reference only and is not an investment advice.
#BTC#ETHcontinues to consolidate in a weak position ——September 1 market data report: On-chain data shows that#BTCselling pressure has flattened, and#ETHselling pressure has increased. The strength of the support has decreased. The market continues to accumulate momentum in a weak consolidation, and ETH may continue to decline. ETF outflows are large.#BTC#ETH short-selling power has not been fully released, and it is unlikely that the market can continue to rise. ETH's short-selling power is greater.#BTC#ETH contract holdings are flat at a low level, and there is a possibility of continuing to fall. The funding rate is unable to recover. BTC Short-term support level 58498 Short-term pressure level 59502 Medium-term support level 57703 Medium-term pressure level 60339 ETH Short-term support level 2488 Short-term pressure level 2550 Medium-term support level 2422 Medium-term pressure level 2612 The above information is for reference only and is not intended as investment advice.
After Binance released the content "BNSOL Coming Soon", Sanctum replied with a handshake emoji, which may imply that it will jointly launch a new liquidity staking token.
Mainstream projects & hot events:
Layer 1 IP blockchain Story Protocol announced the launch of the intellectual property market Color on the Story Iliad test network, where users can Freemint colored commemorative NFTs.
Sony's blockchain project Soneium cooperates with Transak to provide global fiat currency entry services, providing users with the option of joining the ecosystem using traditional payment methods.
The Metis Foundation and Gitcoin have launched a $4 million annual funding program to promote innovation and development of the Metis ecosystem.
The prediction market platform Polymarket has reached a monthly record high of $436 million in August.
Web3 development company Alchemy announced the acquisition of Romanian blockchain infrastructure provider Bware. The specific acquisition amount has not been disclosed. This acquisition will expand Alchemy's business in Europe.
#BTC#ETHis accumulating momentum in a weak consolidation ——Market data report on August 30: On-chain data shows that#BTC#ETH selling pressure has decreased and the strength of the support has increased significantly. The market continues to accumulate momentum in a weak consolidation. ETF outflows are slightly greater than inflows.#BTC#ETH short-selling power has not been fully released, and it is unlikely that the market can continue to move upward. It is currently showing a clear weakness.#BTC#ETH contract holdings are flat at a low level. Funding rate is moving towards negative values. BTC Short-term support level 58674 Short-term pressure level 60170 Medium-term support level 57423 Medium-term pressure level 61286 ETH Short-term support level 2438 Short-term pressure level 2588 Medium-term support level 2326 Medium-term pressure level 2637 The above information is for reference only and is not intended as investment advice.
Technical features of ractal Bitcoin: Core technology: Use Bitcoin core code to directly utilize the security and reliability of the Bitcoin blockchain. Extension method: Create a tree structure through recursive extension layers to increase the parallel processing capacity of the entire network. Performance improvement: The block confirmation time is about 30 seconds, and the transaction processing capacity is 20 times that of the Bitcoin main chain. Compatibility: Fully compatible with existing Bitcoin wallets, tools and miner equipment. Mining method: Supports both permissionless mining and merged mining. Security: All transactions can ultimately be traced back to the Bitcoin main chain to ensure security and verifiability. Dynamic adjustment: The number of extension layers can be automatically adjusted according to the degree of network congestion.