Fed's Collins: If data is as expected, it would be appropriate to start easing policy "soon"
According to BlockBeats, on August 9, Collins of the Federal Reserve said that if the data is as expected, it would be appropriate to start easing policy "soon". (Jinshi)
PlanB: The problem with the current Bitcoin market is that it entered the bull market too early
According to BlockBeats, on August 9, crypto analyst PlanB posted on social media, “I think the problem with the current Bitcoin market is that it entered the bull market too early. Normally, Bitcoin halving (every 210,000 blocks) occurs in the accumulation phase, but the 2024 halving (840,000th block) occurs in the bull market phase. Therefore, we have been acting in advance, but the market is not ready to rise.”
Data: pump.fun's cumulative revenue exceeds 85 million US dollars
According to BlockBeats, on August 9, according to DefiLlama data, the Solana meme coin platform pump.fun has accumulated revenue of 85.37 million US dollars.
US Ethereum spot ETF had a net outflow of US$2.9 million yesterday
According to BlockBeats, on August 9, according to Farside Investors data, the U.S. Ethereum spot ETF had a net outflow of $2.9 million yesterday, of which:
BlackRock ETHA saw net inflows of $11.7 million
Fidelity FETH net outflow of $2.6 million
Bitwise ETHW net inflow of $2.8 million
Grayscale ETH net outflow of $19.8 million
US Bitcoin spot ETFs saw a net inflow of $194.6 million yesterday
According to BlockBeats, on August 9, according to Farside Investors data, the US Bitcoin spot ETF had a net inflow of US$194.6 million yesterday, of which:
BlackRock IBIT net inflows of $157.6 million
Fidelity FBTC net inflow of $65.2 million
ARK’s ARKB saw a net inflow of $32.8 million
WisdomTree’s BTCW had a net inflow of $118.5 million
Grayscale GBTC net outflow of $182.9 million
BlockBeats Note: The data for Invesco BTCO has not yet been released, but the ETF has maintained zero inflows/outflows for 12 consecutive trading days since July 22.
Arbitrum community launches proposal vote to unlock token utility by enabling ARB staking
According to BlockBeats, on August 9, according to the Snapshot governance page, Tally's head of market operations Frisson initiated a proposal vote in the Arbitrum community to "unlock token utility by enabling ARB staking." The vote will end on August 16.
The proposal proposes to unlock ARB utility by enabling ARB staking and improve the governance and security of the Arbitrum protocol, but will not enable the distribution of fees to token holders for the time being. Through ARB staking, token holders will be able to capture value by delegating tokens to users who actively participate in governance.
The proposal will also implement a liquidity-staking ARB token (stARB) through the Tally protocol, which automatically compounds any future rewards, can be (re)staked, and is DeFi compatible.
In addition, the proposers said they would work with Arbitrum DAO to decide whether and how to fund rewards and distribute them among token holders and delegators.
Neutron announced that block production has been resumed and the network has stabilized
According to BlockBeats, on August 9, Neutron, the Cosmos cross-chain smart contract platform, officially announced that block production has been resumed. A review will be released next week. The network has stabilized and activities can be resumed.
dYdX community launches on-chain vote on whether to add Zerolend to dYdX Chain
According to BlockBeats, on August 9, the dYdX Foundation posted on social media that the on-chain vote on whether the dYdX community should add Zerolend to the dYdX Chain has been opened, and the vote will end at 15:16 UTC on August 12, 2024. The current number of votes is 46,707,390 DYDX, and 100% of the votes are in favor of the proposal.
Solana developers, validators, and client teams worked together to patch a critical vulnerability on Wednesday
BlockBeats news, on August 9, according to The Block, Solana developers, validators, and client teams worked together to resolve a serious security vulnerability.
Solana validator Laine said the process began on August 7, when the Solana Foundation contacted well-known network operators through private channels. The contact was part of a strategy to secretly patch the vulnerability, aimed at preventing the vulnerability from being exploited in any way. The patch was provided through the GitHub repository of Anza engineers, enabling operators to independently verify and apply the changes. As of 14:00 UTC on Thursday, August 8, detailed instructions for implementing the patch were distributed to various stakeholders, ultimately securing 66.6% of the network's stake. The vulnerability was not disclosed publicly until 70% of the network had implemented the patch.
Simon's Cat meme coin will be launched on TokenFi Launchpad on August 20, and 18.5% of the total will be airdropped to FLOKI holders
According to BlockBeats, on August 9, Floki officially announced on social media that Simon's Cat meme coin will be launched on TokenFi Launchpad on August 20. 18.5% of the total will be distributed to FLOKI token holders.
It is reported that "Simon's Cat" is a well-known cat-themed animation series, and its emoticon series is also very popular. The launch of this meme coin will be in cooperation with Floki, DWF Labs and BNBChain, and will be launched exclusively on BNBChain. The token code is CAT, the total supply is 9,000,000,000,000, the pre-sale fundraising amount is US$4.25 million, the pre-sale market value is US$25 million, and all will be unlocked and put into circulation during TGE.
Aleph Zero will be launched on the EVM mainnet on August 12
According to BlockBeats, on August 9, according to official news, Layer1 privacy-enhanced blockchain Aleph Zero stated that it will launch the EVM mainnet on August 12.
Stacks: Final code for Nakamoto upgrade will be sent to network operators on August 28, activation window will open
According to BlockBeats, on August 9, the Stacks Foundation published a statement on X stating that on August 28, the final code for the Nakamoto upgrade will be sent to network operators and the activation window will open. sBTC will be ready for mainnet release within 4 weeks after the Nakamoto hard fork.
Tether CEO: Plans to double staff size in the next year to enhance compliance capabilities
According to BlockBeats, on August 9, Paolo Ardoino, CEO of Tether, the stablecoin issuer of USDT, said in an interview with Bloomberg that he plans to double the size of his staff in the next year to enhance his strength in areas such as compliance, and the number of employees is expected to reach about 200 by mid-2025.
OKX Star responded to whether the poisoned address will be cleared: If true, it will not affect the account use
According to BlockBeats, on August 9, OKX CEO Star responded to whether the poisoned addresses would be cleared on social media, saying, "For each case, a compliance officer will conduct an in-depth investigation. If it is indeed passive poisoning, it will not affect the use of user accounts."
BlockBeats previously reported that Star said today that OKX accounts that have interacted with Tornado Cash will be cleared.
