Headlines
▌A Bitcoin wallet that has been dormant for 10 years transferred 175 BTC
Bitcoin News on the X platform said that a Bitcoin wallet that had been dormant since 2014 moved nearly 175 BTC for the first time in a decade. The funds were worth $151,970 in 2014 and are now worth $10.2 million.
▌Solana’s on-chain NFT sales totaled $5.769 billion
According to the latest data from CryptoSlam, the total NFT sales on the Solana chain reached US$5,769,983,463, and the on-chain NFT transaction volume was approximately 52,814,312 transactions, of which the number of on-chain buyers was 4,366,856 and the number of sellers was 2,277,640.
Quotes
As of press time, according to Coingecko data:
BTC's latest transaction price is $59,493.46, with a daily change of +0.4%;
The latest transaction price of ETH is 2,611.68 yuan, with a daily change of +0.3%;
BNB's latest transaction price is $536.98, with a daily change of +2.8%;
SOL's latest trading price is $141.80, with a daily change of +1.5%;
DOGE's latest transaction price is 0.1026 yuan, with a daily increase or decrease of +1.4%;
XPR recently traded at $0.5658, with a daily change of +0.2%.
policy
▌Ghana’s central bank proposes new rules to strengthen cryptocurrency regulation
The Bank of Ghana (BoG) has now taken steps to establish a regulatory framework for cryptocurrencies such as Bitcoin and Tether, publishing a set of draft guidelines to strengthen regulation of digital assets. The proposed regulations also require all cryptocurrency exchanges to undergo a “thorough registration process” with the BoG and participate in sandbox testing before being allowed to operate. According to the draft, this move is essential to ensure that all market participants adhere to the “highest standards of security and operational integrity.”
Blockchain Applications
Coinbase CEO: AI “should have a crypto wallet”
Coinbase recently launched an AI accelerator grant program, awarding $3,000 to five projects focused on combining AI with crypto wallets. Coinbase CEO Brad Armstrong said that large language models (LLMs) can complete finance-related tasks if properly equipped. According to Coinbase, the grant is intended to test the waters of economic applications triggered by AI: "A major obstacle to building practical applications with AI is that AI agents cannot obtain bank accounts to send/receive automatic payments. Building an on-chain solution solves this problem." Those interested in applying for the grant must submit their applications by September 5.
▌FLOKI launches Floki trading bot on public mainnet
FLOKI announced the official launch of the Floki trading bot on the public mainnet. The protocol, which currently runs on the largest EVM blockchain, will use part of the transaction fees to buy back FLOKI, thereby accelerating the token’s deflationary function and increasing its practical value.
Cryptocurrency
▌Two addresses withdrew 828.6 billion PEPE from Kraken 7 hours ago
According to on-chain analyst Ember's monitoring, two addresses withdrew 828.6 billion PEPE (6.19 million US dollars) from Kraken 7 hours ago: 1. The address starting with 0x689 withdrew 500 billion PEPE (3.72 million US dollars) from Kraken; 2. The address starting with 0xBE2 withdrew 328.6 billion PEPE (2.47 million US dollars) from Kraken.
▌Neiro on Ethereum breaks through $0.0001, setting a new record high
The market data shows that Neiro (NEIRO) on the Ethereum chain broke through $0.0001, reaching a high of $0.000142, setting a new historical high. The current price is $0.0001068, with a current market value of $42.32 million and a 24-hour trading volume of $37.8 million.
Important economic developments
Gold advocate Peter Schiff urges Fed to raise rates, not cut them
Economist and gold advocate Peter Schiff has suggested that the Federal Reserve raise interest rates rather than cut them, even if it causes a market crash, News.bitcoin reported. He acknowledged that such an approach could cause a stock and real estate crash, leading to a hard landing and a recession, emphasizing the potential severity of these market consequences. Economist and gold advocate Peter Schiff recently expressed his views on the U.S. economy, Fed policy, market rebounds, and the possibility of an upcoming rate cut on his podcast and social media platform X. Peter Schiff noted that decades of Fed policy have made a recession inevitable. He suggested that the Fed should not cut interest rates, but rather raise them, even if it would trigger a market crash, which he sees as a "necessary crash" to correct the economy.
▌CME Fed Watch: The probability of the Fed cutting interest rates by 50 basis points in September has dropped to 25%
According to CME's "Fed Watch" data, the probability of the Fed cutting interest rates by 25 basis points in September is 75%, and the probability of cutting interest rates by 50 basis points has dropped to 25%.
Golden Encyclopedia
What is Zero-Knowledge Proof?
Zero-knowledge proof (ZKP) is a cryptographic method that allows multiple parties to verify the authenticity of a statement without revealing information other than the statement itself. Many blockchains leverage ZKP to improve the security of interactions involving sensitive data. As a result, participants in a blockchain with ZKP can interact with greater confidence because private information is less likely to be leaked or exploited by malicious actors.
Disclaimer: As a blockchain information platform, Golden Finance publishes articles for information reference only and is not intended as actual investment advice. Please establish a correct investment philosophy and be sure to raise your risk awareness.
