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The Daily: Ethereum Foundation's financial report, Japan's megabanks' stablecoin trial, spot Bitcoin ETFs continue to bleed and more
The Daily: Ethereum Foundation's financial report, Japan's megabanks' stablecoin trial, spot Bitcoin ETFs continue to bleed and more

The Ethereum Foundation plans to release a financial report “relatively soon” to address community concerns surrounding its spending, according to researcher Justin Drake.Japan’s three major banks, MUFG, SMBC and Mizuho, are set to test a cross-border stablecoin transfer platform dubbed “Project Pax.”U.S. spot Bitcoin ETFs saw $211.1 million in net outflows on Thursday, marking the seventh consecutive day of negative flows totaling over $1 billion.The following article is adapted from The Block’s newslette

The Block·2024/09/06 17:15
DOGS Price Surge: 40 Billion Tokens Airdropped in 48 Hours – Is a Bigger Rally Ahead?
DOGS Price Surge: 40 Billion Tokens Airdropped in 48 Hours – Is a Bigger Rally Ahead?

DOGS has dipped after its team airdropped 40 billion tokens over the past two days, yet its recent momentum should help it recover soon.

CryptoNews·2024/09/06 16:30
US Fed Issued Cease and Desist Order Against Crypto-Friendly United Texas Bank
US Fed Issued Cease and Desist Order Against Crypto-Friendly United Texas Bank

UTB faces a 90-day deadline to overhaul its AML and risk management programs, following an investigation into its crypto clientele practices.

Cryptopotato·2024/09/06 16:00
Bitcoin price dips to new 1-month low after $57K US jobs data 'fakeout'
Bitcoin price dips to new 1-month low after $57K US jobs data 'fakeout'

Bitcoin fools traders up and down as BTC price volatility accompanies the week's final US employment data release.

Cointelegraph·2024/09/06 15:00
Flash
  • 02:00
    Trump: Will closely monitor the fairness of the 2024 election, fraudsters will be fully prosecuted
    Trump posted on the X platform, stating that he is closely monitoring the sanctity of the 2024 presidential election with many lawyers and legal scholars. "The Democratic Party's rampant cheating and conspiracy in the 2020 presidential election. Therefore, the just-started voting for the 2024 election will be subject to the strictest professional review. When I win, those who cheat will be fully prosecuted by law, including long-term imprisonment, so this kind of judicial corruption won't happen again."
  • 01:59
    The monthly total visits to the ChatGPT website have experienced a cliff-like plummet
    ChainCatcher news, the latest data from analytics firm Similarweb shows that the monthly total visits to the ChatGPT website have plummeted dramatically from spring to midsummer. Peter Oppenheimer, Director of European Macro Research and Chief Global Equity Strategist at Goldman Sachs Global Investment Research, believes that in terms of monthly total visits, users' initial "excitement" for ChatGPT is fading. Users may be getting tired of GPT-4 or turning to other large language models supported by tech giants. Some users are likely finding it unnecessary to integrate AI chatbots into their daily lives.
  • 01:09
    INJ breaks through $16
    The market shows that INJ has broken through $16, currently quoted at $16.01. The 24-hour decline has narrowed to 1.23%. The market fluctuation is quite large, please manage your risk well.