Tongjun Coin Circle Daily Quick Reading
2024-9-11⏰
1. US inflation slowed to 2.5% in August
🐳Bitcoin has little short-term volatility due to inflation data and expectations of interest rate cuts. The Federal Reserve may start cutting interest rates next week, and the market expects a 25 basis point cut.
2. Osmosis launches cross-chain token portal “Polaris”
🐬 Designed to solve the fragmented user experience problem in the DeFi field, Polaris allows users to trade tokens on multiple blockchains through a single interface, without the need for multiple wallets, bridges, and gas tokens.
3. Binance.US selects Fireblocks to strengthen cryptocurrency custody and staking services
🐋Fireblocks will provide wallet technology to support hot and cold custody, customer deposits and withdrawals, ensure customer assets are safe and compliant, and support crypto token staking services.
4. Liquity: V2 version is about to be launched, and a new LQTY staking module is planned to be launched
🦈The new mechanism provides a sustainable community-driven model that prioritizes the interests of long-term stakers. Stakers can receive both V1 and V2 rewards including BOLD tokens and opportunities to participate in LUSD.
5. Phoenix DeFi protocol developer Ellipsis Labs launches Atlas testnet
🐊Atlas is a test network optimized for DeFi. It uses the Solana virtual machine execution layer and the Ethereum main network for settlement. It is compatible with existing Solana programs. Future versions will be built on Atlas.
📝Information provided👇
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