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In August 2024, the Hong Kong Monetary Authority officially held the launch ceremony for the Ensemble Sandbox project, aiming to...
Share link:In this post: The Trump-linked WLFI token plunges over 40% despite a 47M token burn, leaving major whale investors with millions in losses. High-profile traders, including Andrew Tate, suffered heavy liquidations while some wallets profit from shorting WLFI’s decline. The Trump family’s holdings remain valued near $5B, though ethical questions mount as the token faces sharp volatility.
Share link:In this post: Mega Matrix announced a special facility to seek up to $2B in financing. The company seeks to build treasuries for stablecoin issuer tokens, starting with Ethena (ENA). ENA remains attractive for its revenue-sharing, reflecting the success of ETH.
Share link:In this post: The DOJ subpoenaed Fed board members in a criminal case targeting Lisa Cook over alleged mortgage fraud. Trump wants her removed to gain a majority on the Fed board and has cited criminal referrals from Bill Pulte. Lisa is fighting back in court, denying all fraud claims and accusing Trump of fabricating charges for political gain.
Maiga is developing AI agents for DeFi and cryptocurrency, utilizing MCP, TEE, and Multimodal technologies, and deploying an AI agent launchpad on the BNB Chain.
- 17:12Federal Reserve's Williams: If the economy aligns with my forecast, interest rates are expected to be gradually loweredBlockBeats News, on September 5, Federal Reserve's Williams stated that if the economy aligns with his forecast, interest rates are expected to be gradually lowered. Tariffs may cause inflation to rise by 1.00% to 1.50% this year. The unemployment rate is expected to rise to about 4.5% next year. So far, tariffs do not appear to have driven up long-term inflation. Inflation is expected to be between 3% and 3.25% in 2025.
- 17:05Stuttgart Stock Exchange launches blockchain-based pan-European settlement platform SeturionForesight News reported that the Stuttgart Stock Exchange has launched Seturion, a blockchain-based pan-European settlement platform aimed at unifying the fragmented post-trade systems for tokenized assets and reducing settlement costs by up to 90%. The platform is open to banks, brokers, traditional and digital exchanges, as well as tokenization platforms, and is already in use on BX Digital, a distributed ledger technology (DLT) trading platform regulated by the Swiss Financial Market Supervisory Authority (FINMA).
- 17:04US SEC Releases Agenda to Amend Cryptocurrency Regulations and Ease Wall Street RulesForesight News reported that the U.S. Securities and Exchange Commission (SEC) has officially released its regulatory agenda for the coming months, proposing rules related to the issuance and sale of cryptocurrencies, which may include exemption and safe harbor provisions. The SEC is also considering allowing crypto assets to be traded on national securities exchanges and alternative trading systems. In addition, the SEC plans to simplify Wall Street disclosure requirements to reduce industry compliance burdens. Previously, the SEC had withdrawn lawsuits against certain crypto trading platforms such as exchanges.