1. Yesterday, the price of BTC fluctuated sharply, falling below the $58,000 mark, with a 24-hour decline of 7.52%.
2. ETH also experienced a sharp decline, falling below the $2,400 mark, with a 24-hour decline of 10.11%.
3. Former U.S. President Trump confirmed that he will participate in the presidential debate with U.S. Vice President Harris on September 10.
Former U.S. President Trump stated on the social platform Truth Social that he confirmed his participation in the presidential debate with U.S. Vice President Harris on September 10 (next Tuesday), which will be hosted by the American Broadcasting Company (ABC). Trump had previously accused ABC of bias and had threatened to withdraw from the debate. In his statement today, Trump mentioned that the debate rules will be the same as the last time, with candidates not allowed to bring notes or "cheat sheets," and neither side will receive the questions in advance. Trump also mentioned that the third debate, possibly hosted by NBC News, has not yet received approval from the Democratic Party. Trump stated that the rules for this debate will be the same as the rules for the last debate hosted by the Cable News Network (CNN), with candidates not allowed to bring notes or "cheat sheets," and neither side will receive the questions in advance. The microphones of both candidates will be muted throughout the debate, except when it is their turn to speak. There will be no studio audience for this debate. -Original
4. U.S. stocks closed with the Dow up 0.02%, the Nasdaq up 0.16%, and the S&P 500 up 0.16%.
U.S. stocks closed with the Dow up 0.02%, the Nasdaq up 0.16%, and the S&P 500 up 0.16%. -Original
5. The total market value of cryptocurrencies is $2.15 trillion, with a 24-hour evaporation of $98.76 billion, representing a 4.38% decline.
6. Microsoft-backed blockchain and artificial intelligence startup Space and Time has raised another $20 million.
On August 27, OKX Ventures announced a strategic investment in the decentralized database Space and Time (SxT). The core development team of SxT has been dedicated to providing tamper-resistant data technology stack both on-chain and off-chain for the past two years. The team has introduced a new encryption technology called Proof of SQL, which cryptographically proves that the query computation and data are accurate and tamper-proof. Since the launch of the Beta product in March 2023, the average monthly number of queries by users has exceeded 500,000, with over 5 billion database requests. SxT currently supports data indexing for mainstream public chains, including Ethereum, Bitcoin, ZKsync, Polygon, Sui, Aptos, and Sei, as well as off-chain data. Dora Yue, the founder of OKX Ventures, stated, "Space and Time, as a Web3 verifiable computing layer, has pioneered the new encryption technology Proof of SQL, combined with the decentralized data warehouse, to cryptographically prove the accuracy and tamper-proof nature of query computation and data. Under the zk co-processor, the SxT solution, integrating the large language model LLM, can optimize the user experience for on-chain applications such as DeFi, ensuring asset security and addressing issues such as key loss, as well as transactions, storage, and equipment upgrades in GameFi, preventing asset theft and contract modifications." OKX Ventures actively promotes the innovation and application of blockchain technology, and we are looking forward to the launch of the test network for Space and Time. SxT ensures the security and immutability of data, provides support for decentralized database services, and promotes the sustainable development of businesses for traditional enterprises and on-chain applications within an optimized business model framework. -Original
7. Renowned on-chain detective ZachXBT helped a victim who lost 4,064 BTC recover about 80 ETH.
On-chain detective ZachXBT, in a previous post detecting a suspicious transfer, expressed his satisfaction in having helped the victim of this incident recover approximately $205,000. Firn Protocol stated that two days ago, they received notification from ZachXBT that a known thief had begun depositing relatively small funds into Firn. Due to ZachXBT's diligence and Firn's swift action, they were able to freeze and recover approximately 80 ETH deposited by the attacker. These funds have been transferred to ZachXBT, who is coordinating their return to the victim. -Original
8. Ethereum co-founder Vitalik Buterin transferred approximately 200 ETH to a multi-signature address.
At 22:25 Beijing time, Vitalik Buterin's wallet address transferred 199.9 ETH to a Safe multi-signature address (0xC3D). -Original
9. Nasdaq seeks SEC approval for Bitcoin index options.
Nasdaq (NDAQ.O) stated on Tuesday that it is seeking regulatory approval to launch and trade Bitcoin index options. The U.S. Securities and Exchange Commission (SEC) has not yet approved any options trading platform based on the price of spot Bitcoin. These funds made their debut in January, including Nasdaq's application to trade options for BlackRock's iShares Bitcoin Trust ETF (IBIT.O). -Original
10. The holdings of Bitcoin by BlackRock and Grayscale ETFs account for nearly 3% of the current BTC circulation.
Following an increase in fund inflows over the past week, asset management companies BlackRock and Grayscale currently hold nearly 3% of the circulating Bitcoin supply in their U.S. spot Bitcoin ETFs. Data shows that BlackRock's iShares Bitcoin Trust (IBIT) currently holds 357,736.76150 BTC, while Grayscale's GBTC holds 227,712.3295 BTC. In addition, Grayscale also holds 5,962 BTC in its digital large-cap fund and 32,692.0926 BTC in its Grayscale Bitcoin Mini Trust. -Original
11. Binance CEO urges the Nigerian government to release detained executive Tigran Gambaryan.
12. Federal Reserve Chairman Powell hinted at a gradual rate cut in the coming years, but if inflation resurges, the Fed may stop cutting rates and even start raising them.
The Oxford Economics Institute estimates that by 2028, Trump's policies will lead to inflation about 0.3 percentage points higher than in other scenarios. Harris's policies will lead to inflation about 0.2 percentage points higher, and housing prices will be about 0.5 percentage points higher than in other scenarios. If the Fed detects new inflationary pressures, it is likely to reverse the rate cut policy announced by Fed Chairman Powell on August 23. Powell now suggests a gradual rate cut in the coming years. However, he also explicitly stated that if inflation resurges, the Fed may stop cutting rates and even start raising them. -Original
13. Vitalik Buterin stated that EIP-4844 alone has saved users over $100 million in transaction fees.
Vitalik Buterin posted on X platform, stating that he is very certain that EIP-4844 alone has saved users over $100 million in transaction fees. The EIP was led by developers funded by the EF in terms of specification and implementation, and received help from Optimism and others. -Original
14. Uniswap founder says Vitalik Buterin's work is not about helping investors make money.
Uniswap founder Hayden Adams posted on X, saying, "Vitalik Buterin's interests and values drive him. Personally, I believe that DeFi is the most important and influential area in the cryptocurrency field so far, but I don't mind if Vitalik Buterin wants to expand Ethereum beyond DeFi use cases. Vitalik Buterin's work is not about helping investors make money." -Original
15. Anthony Scaramucci discusses the importance of not alienating cryptocurrency voters.
Anthony Scaramucci explains how cryptocurrency voting will become a key issue in the 2024 U.S. presidential election. -Original
The above are the selected hotspots in the past 24 hours. For faster news, please download AICoin (aicoin.com)
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