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Flare Network: The XRP testnet and the public test version of FAssets will be reset on August 19. Odaily reports that Flare Network announced that its XRP testnet will be reset on August 19, and the FAssets public beta version will also be reset. The team will restore the test through airdrops of new TestXRP, an official dashboard, FTestBTC support, and more updates. $BTC $ETH $BNB
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Malaysia's Maybank expects US CPI: Inflation in line with expectations will reduce bets on the Fed's aggressive rate cuts. According to an Odaily foreign exchange research and strategy report, market participants generally expect that the US core CPI year-on-year will decline slightly from 3.3% in June to 3.2% in July. Inflation data that meets this expectation would be the most favorable for the market. Although such data may further reduce bets on the Federal Reserve's aggressive rate cuts and may cause the US dollar to rise further, the improvement in risk sentiment may slow the rise of the US dollar. $BTC $ETH $BNB
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Zcash founder joins Shielded Labs, seeking to drive hybrid PoS upgrade. Odaily News reports that Zcash founder Zooko Wilcox, after joining Shielded Labs as the product lead, is seeking to accelerate the protocol's upgrade to a hybrid proof-of-stake system. Shielded Labs is an independent organization based in Switzerland dedicated to supporting Zcash. Wilcox recently stated that after eight years of PoW mining, Zcash needs to upgrade to a hybrid PoS system. He pointed out that the PoW consensus and the issuance of new coins have put downward pressure on its price, "but as the rate of new coin issuance declines, this pressure is expected to ease." The two major upcoming improvements Wilcox mentioned include deploying a Zcash Sustainability Fund and upgrading to "Crosslink," a hybrid PoW and PoS protocol. He said, "We hope to deploy this technology as soon as possible while maintaining Zcash's good security record." The benefits of the upgrade include allowing ZEC holders to stake, providing finality to protect users from rollback attacks, reducing transaction times, and allowing for safer two-way bridging to other networks. However, Wilcox did not provide details on the technical specifics or a timeline for the upgrade. $BTC $ETH $BNB
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Data: In 2017, the OG address increased its holdings by 6,301 BNB, approximately $3.17 million. According to monitoring by ai_9684xtpa, the OG address has increased its holdings of BNB again after 11 months. This whale withdrew 26,150.997 BNB from Binance on September 17, 2023 at an average price of $216, and has currently realized a profit of $7.61 million, a return of 134%. Two hours ago, this whale suddenly increased its holdings by 6,301 BNB (approximately $3.17 million) at a cost of $504 per BNB. The whale now holds a total of $15.37 million worth of BNB, with an overall cost basis of $272 per BNB. $BTC $ETH $BNB
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2017 OG address re-established a position in BNB after 11 months, and added 6,301 BNB two hours ago. PANews reported on August 12 that according to on-chain analyst @ai_9684xtpa's monitoring, the OG address that was established in 2017 has re-entered a position in BNB after 11 months. This whale withdrew 26,150.997 BNB from Binance at an average price of $216 on 2023.09.17, and currently has an unrealized profit of $7.61 million, a return of 134%. Two hours ago, he suddenly added 6,301 BNB (about $3.17 million) at a cost of $504; he now holds $15.37 million worth of BNB, with an overall cost basis of $BTC $BTC $ETH $bnb
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Zcash Founder Advocates For Hybrid Proof-of-Stake System Upgrade
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