Headlines

▌Survey: Harris has an advantage in the election against Trump

Vice President Kamala Harris leads Republican rival Donald Trump by 5 percentage points in an NBC News poll released Sunday that found that respondents have a more favorable view of her since she became the Democratic presidential nominee. A separate CBS News poll also found Harris leading Trump by 4 percentage points, 52% to 48%, among voters surveyed, with a margin of error of plus or minus 2 percentage points.

▌Trump says he will not run again if he loses the 2024 US presidential election

On September 22, local time, Republican presidential candidate and former 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. (CCTV News)

Quotes

As of press time, according to Coingecko data:

BTC’s latest transaction price is $63,585.40, with a daily change of +0.3%;

ETH's most recent trading price is $2,580.84, with a daily change of -1.4%;

BNB's latest transaction price is $588.48, with a daily change of -0.1%;

SOL's latest trading price is $144.68, with a daily change of -3.3%;

DOGE’s latest trading price is $0.1063, with a daily change of -3.4%;

XPR’s most recent trading price was $0.5876, with a daily change of -0.3%.

policy

▌Silvergate executive: "Sudden regulatory shift" led to bank closure

In a new bankruptcy filing, executives at the parent company of crypto-friendly bank Silvergate Bank said the bank has stabilized, is able to meet regulatory capital requirements and is well positioned to continue serving clients who retain their deposits despite a shrinking cryptocurrency industry and rising interest rates.

However, in 2023, “abrupt regulatory changes” from agencies such as the Federal Reserve, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) made it clear that these agencies would no longer tolerate banks with large numbers of digital asset customers, at least in the first quarter of 2023, ultimately preventing Silvergate Bank from continuing its digital asset-focused business model.

Blockchain Applications

▌Samourai Wallet forked into the “Ashigaru” open source project

On September 20, a group of developers announced a hard fork of the Samourai Wallet code and released the first version of a mobile wallet based on the work of the Samourai team under the new “Ashigaru” open source project. The project website states that Ashigaru “develops, publishes and maintains free and open source software” and promises to develop solutions with low technical barriers while ensuring user security, avoiding backdoor risks and privacy, and maximizing resistance to censorship.

Earlier news, the "escape preparation" notes of the founder of Samourai Wallet were exposed, and the District Court for the Southern District of New York rejected the request of Samourai Wallet founder Keonne Rodriguez to modify the bail conditions.

Cryptocurrency

Crypto VCs have raised $2.2 billion in new funding this year

According to PitchBook data, as of August, crypto venture capital firms have raised more than $2.2 billion in new capital through closed-end funds this year. In the past few weeks alone, at least six venture capital firms have raised more than $500 million in total. Including ParaFi Capital’s $120 million fund, Borderless Capital’s $100 million fund, Hack VC’s $77 million fund, and Robot Ventures’ $75 million fund.

In addition, several funds are actively seeking new capital this year. According to Bloomberg, Dragonfly Capital is seeking to raise $500 million for its new fund and has already raised half of that amount.

▌Ethereum Liquidity Re-staking Protocol TVL currently reaches $10.661 billion

DefiLlama data shows that the current TVL of Ethereum liquidity re-staking protocol is US$10.661 billion, among which the top five protocols by TVL are:

-ether.fi TVL is US$5.71 billion, with a 7-day increase of 6.76%;

-Puffer Finance TVL is US$1.365 billion, with a 7-day increase of 7.52%;

-Eigenpie TVL is US$1.142 billion, a 7-day increase of 7.1%;

-Renzo TVL is US$815 million, with a 7-day increase of 4.01%;

-Mellow LRT TVL is $707 million, a 7-day increase of 5.86%;

▌NFT lending platform Blend’s total transaction volume has reached US$6.863 billion

According to Dune data, the total transaction volume of Blend, an NFT lending platform under Blur, has reached US$6.863 billion, with a total of 767,225 loans. The platform currently has 11,712 independent borrowing addresses and 4,616 independent loan addresses.

▌The current locked amount of BASE network is 1.852 billion US dollars, with a 24-hour increase of 2.14%

According to DefiLlama data, the TVL of the BASE network is now $1.852 billion, with a 24-hour increase of 2.14%. The top three TVL rankings of ecological protocols are as follows:

Aerodrome’s TVL reached US$857 million, with a 7-day increase of 27.36%;

Uniswap TVL reached US$2.08, with a 7-day increase of 16.86%;

Extra Finance TVL reached $207 million, with a 7-day increase of 10.59%;

Important economic developments

▌Economist: U.S. inflation data may stabilize at the Fed’s target level by the end of next year or early 2026

Elizabeth Lunt, senior economist at NerdWallet, said that if everything goes according to plan, U.S. inflation data will continue to slow down and then stabilize at the Fed's target level sometime at the end of next year or early 2026, hoping that there will be no severe recession in the process. In addition, Bret Kenwell, U.S. investment analyst at eToro, said that if the economy remains stable and inflation does not return, lower interest rates and strong earnings growth will continue to drive U.S. stocks higher in the long run.

Golden Encyclopedia

What is the Algorithm of Thought (AoT)?

Algorithms of Thought (AoT) is a groundbreaking approach in the field of artificial intelligence (AI) that revolutionizes the way AI models think and reason. Developed by Microsoft Research, AoT introduces a new paradigm for large language models (LLMs) to enhance reasoning capabilities to solve complex problems. It aims to combine the best of both worlds: a nuanced, intuitive understanding of the human thought process with the structured, systematic nature of an algorithmic approach.

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.