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Bitcoin Surges After Fed Hints at Interest Rate Adjustment, Short Sellers Suffer Heavy Losses
Bitcoin Surges After Fed Hints at Interest Rate Adjustment, Short Sellers Suffer Heavy LossesOn August 24, following Federal Reserve Chairman Jerome Powell's suggestion of a potential interest rate policy adjustment at the Jackson Hole Economic Policy Symposium, the price of Bitcoin surged. As of press time, data from Binance showed Bitcoin had climbed 5...
Blockchain 2024-08-24 23:09:29 -
Ethereum Spot ETF Meets with Tepid Response: Investors Remain Unenthusiastic, Funds Continue to Flow Out
Ethereum Spot ETF Meets with Tepid Response: Investors Remain Unenthusiastic, Funds Continue to Flow OutThe highly anticipated launch of the second-largest cryptocurrency Ethereum spot ETF in the US on July 23rd has been met with lukewarm reception from investors. A month after its launch, the product has seen continuous outflow of funds, indicating a lack of investor interest...
Blockchain 2024-08-24 16:24:52 -
Sony Enters Web3: Launches "Soneium" Blockchain to Accelerate Application Adoption
Sony Enters Web3: Launches "Soneium" Blockchain to Accelerate Application AdoptionSony announced yesterday (August 23rd) in a press release that it is developing a blockchain called "Soneium" with the aim of accelerating Web3 application adoption. The project is being driven by Sony's subsidiary, Sony Blockchain Solutions Lab, headquartered in Singapore and chaired by Jun Watanabe...
Blockchain 2024-08-24 12:15:27 -
Bitcoin Rebounds Above $62,000 as Powell Hints at Policy Shift
Bitcoin Rebounds Above $62,000 as Powell Hints at Policy ShiftOn August 23, Bitcoin prices surged, reclaiming the $62,000 level with gains exceeding 3% for the day. Meanwhile, Federal Reserve Chair Jerome Powell, speaking at the Jackson Hole Economic Symposium, signaled that the time for a policy shift is approaching...
Blockchain 2024-08-23 22:24:06 -
Digital RMB Empowers Agricultural Insurance, Jiangsu Sees First Successful Policy-Based Agricultural Insurance Premium Payment
Digital RMB Empowers Agricultural Insurance, Jiangsu Sees First Successful Policy-Based Agricultural Insurance Premium PaymentOn August 23rd, Ms. Wang, a resident of Lianyungang, successfully paid the premium for "Jiangsu Provincial Local Government Subsidized Greenhouse Crop Planting Insurance" through her Postal Savings Bank digital RMB personal wallet...
Blockchain 2024-08-23 21:52:50 -
Shanghai 2024 "Science and Technology Innovation Action Plan" Blockchain Key Technology Research Project Guide
Shanghai 2024 "Science and Technology Innovation Action Plan" Blockchain Key Technology Research Project GuideTo accelerate the construction of a globally influential science and technology innovation center and strengthen the city's leading role in blockchain technology innovation, the Shanghai Municipal Science and Technology Commission hereby releases this guide in accordance with the "Shanghai Blockchain Key Technology Research Action Plan (2023-2025)", aiming to solicit outstanding projects that promote the development and application of blockchain technology in Shanghai.I...
Blockchain 2024-08-23 21:32:23 -
Victims of the Blue Sky Gerui Non-Deposit Case May See a Turning Point: Qian Zhimin Arrested in the UK, 61,000 Bitcoins Become the Focus of Recovering Losses
Victims of the Blue Sky Gerui Non-Deposit Case May See a Turning Point: Qian Zhimin Arrested in the UK, 61,000 Bitcoins Become the Focus of Recovering LossesFollowing the arrest of fugitive Qian Zhimin in the United Kingdom, victims of the suspected illegal absorption of public deposits case involving Tianjin Blue Sky Gerui Electronic Technology Co., Ltd...
Blockchain 2024-08-23 15:23:14 -
Sanwei Information Security Awarded Blockchain Privacy Security Patent, Achieving Anonymous Authentication Protection
Sanwei Information Security Awarded Blockchain Privacy Security Patent, Achieving Anonymous Authentication ProtectionFinancial News, August 23, 2024 - Tianyancha Intellectual Property Information shows that Sanwei Information Security Technology Co., Ltd...
Blockchain 2024-08-23 07:26:30 -
Bitcoin Futures Drop by Over 1%, Ethereum Futures Decline Slightly
Bitcoin Futures Drop by Over 1%, Ethereum Futures Decline SlightlyAt the close of trading in New York on Thursday (August 22), the CME Bitcoin Futures BTC main contract settled at $60,770.00, down 1...
Blockchain 2024-08-23 06:02:40 -
The Trump Family's DeFi Push: Leveraging Political Influence To Build a "Digital Real Estate" Empire?
The Trump Family's DeFi Push: Leveraging Political Influence To Build a "Digital Real Estate" Empire?After courting the cryptocurrency world, US presidential candidate Donald Trump is leveraging his influence in an attempt to make his family fortune in the unregulated world of blockchain finance. On Thursday, Trump posted on his social media platform TruthSocial: "For too long, ordinary Americans have been squeezed by big banks and financial elites...
Blockchain 2024-08-23 01:03:37 -
Binance to Hire 1,000 This Year, Focusing on Compliance Roles, Spending Over $200 Million to Meet Regulatory Requirements
Binance to Hire 1,000 This Year, Focusing on Compliance Roles, Spending Over $200 Million to Meet Regulatory RequirementsCALGARY, August 22, 2023 - Binance Holdings Ltd. will hire 1,000 people this year, with many designated for compliance roles...
Blockchain 2024-08-22 22:59:44 -
Unveiling the Secrets of Money: Young Economist Xu Jin Talks About "A Brief History of Money"
Unveiling the Secrets of Money: Young Economist Xu Jin Talks About "A Brief History of Money"During the 2024 Shanghai Book Fair and "Book Fragrance China" Shanghai Week, the video interview program "High Visit" produced by Jiefang Daily Shangguan News launched a special series of interviews, inviting renowned writers and scholars to interpret the "human code" in books. This episode invited Xu Jin, a young economist and chief editor of FT Chinese, to discuss her new book "A Brief History of Money," revealing the essence and operating logic of money...
Blockchain 2024-08-22 10:59:01