Fed Governor Waller supports a Sept rate cut & anticipates 3 cuts this year, citing slowing employment growth. She believes a weakening labor market outweighs inflation risks & favors shifting to a neutral policy. #Fed #InterestRates #Economy
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⚠️ Ten堰 City, Hubei Province, warns against risky virtual currency investment schemes like “优科创”, “拾壹汇”, & “荣辉资本”. These projects promise returns via crypto but use MLM tactics (recruiting new investors) & operate overseas, potentially being illegal. Protect your finances – avoid these! ⚠️
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Ethena (ENA) investors moved $29.8M worth of tokens to exchanges overnight, per on-chain analyst Yu Jin. Strobe Ventures sold $4.8M at $0.726. Amber Group & other addresses also made large transfers to Binance & Bybit. Likely profit-taking or rebalancing. #ENA #crypto
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NFT market trading volume down 11% to $134.9M last week (CryptoSlam data via Crypto.news). Buyers & sellers plummeted ~90%, but transactions slightly *increased* 1.6%. Ethereum leads volume ($58.5M, -23%), Polygon up 57% to $17.8M. Cooling trend continues. #NFT #NFTmarket
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Stability DAO’s MetaVault impacted by the CrediX hack, affecting 20-30% of funds. Investigating with Sonic Labs & working on a recovery plan for users (details in 2 weeks). MetaVault to resume operations next week. Full impact still being assessed. #DeFi #hack #StabilityDAO
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Bo Hines, Exec. Director of the White House Crypto Council, is leaving to return to the private sector. He’ll advise on AI initiatives while Patrick Witt is expected to take over the crypto role. Hines says he’s excited to support the US crypto ecosystem. #crypto #WhiteHouse
#blockchain #news
Core Scientific reports a 62% drop in Q2 mining revenue to $62.4M (vs $110.7M YoY) due to lower Bitcoin production. Hosting revenue also fell. CoreWeave merger still pending shareholder approval & regulatory clearances. #BitcoinMining #CoreScientific #CoreWeave
#crypto #blockchain #news #BTC
Crypto markets faced $383M in liquidations over 24hrs, per Coinglass. Long positions were hit hardest ($295M), with ETH seeing $223M liquidated & BTC $32.92M. Signals increased volatility & risk. #crypto #liquidations #BTC #ETH
#blockchain #news #Bitcoin
Two Ethereum whales just bought over 25,764 ETH ($86.9M)! 🐳 One withdrew 17,655 ETH from an exchange, the other purchased 8,109 ETH with 34M USDT. 👀 Details: lookonchain.com
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Vitalik Buterin’s On-Chain Assets Surpass $1 Billion
According to Arkham Intelligence, the total value of Ethereum co-founder Vitalik Buterin’s assets held on the blockchain has exceeded $1 billion. The data was reported by Arkham on the X platform.
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