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http://ether.fi: Season 3 will distribute 25 million ETHFI tokens
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Russian ransomware gang obtained $500 million in funds through cryptocurrency attacks last year. According to a report by Forbes, a new report reveals that the Russian ransomware gang earned up to $500 million in revenue from attacks on cryptocurrencies in 2023. The involvement of these Russian cybercriminals in ransomware, Dark Web markets, and illegal cryptocurrency transactions is staggering. The analysis shows that many of these criminals operate within Russia, some of whom are connected to Russian military intelligence organizations and the Kremlin, while others actively use cryptocurrencies to procure foreign equipment for Russia's war efforts. $BTC $ETH $BNB
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The US July unemployment rate data triggered the Samuelson rule, which is a predictor of economic recession. PANews reported on August 2nd that according to Golden Ten, the U.S. unemployment rate in July was recorded at 4.3%, a new high since October 2021, triggering the Sahm Rule, which is an indicator that predicts an economic recession. The Sahm Rule states that once the three-month moving average of the unemployment rate is 0.5 percentage points higher than its low point over the past year, it means that an economic recession has already begun. $BTC $ETH $BNB
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After the release of the non-farm payroll data, traders are betting that the Federal Reserve will cut interest rates by 50 basis points in September. According to the report from JinShi, after the release of the non-farm payroll data, the US dollar index DXY gapped down by 40 points and is currently trading at 103.67. Additionally, traders have increased their bets on the Federal Reserve making a significant rate cut in the future. Traders are betting that the Federal Reserve will cut the interest rate by 50 basis points in September, as the unemployment rate rose to 4.3% in July. $BTC $ETH $BNB
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The U.S. unemployment rate recorded 4.3% in July, a new high since October 2021. According to the Golden Ten report, the U.S. unemployment rate in July was 4.3%, expected to be 4.10%, and the previous value was 4.10%. The U.S. unemployment rate in July recorded 4.3%, the highest since October 2021. $BTC $ETH $BNB
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The seasonally adjusted non-farm payroll employment in the United States increased by 114,000 in July, compared to the expected increase of 175,000 and the previous figure of 206,000, which was revised to 179,000. According to the Jinshi report, the seasonally adjusted non-farm employment in the United States in July was 114,000 people, the expected figure was 175,000 people, and the previous value was revised from 206,000 people to 179,000 people. The US non-farm data cooled as expected, marking the smallest increase since April 2024. $BTC $ETH $BNB
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