Compilation: Luan Peng, ChainCatcher
Important Information:
- Binance will list 6 new spot trading pairs including BTC/EURI, CATI/BRL
- Crypto community calls for SEC chairman to resign voluntarily at congressional hearing to avoid future dismissal
- Insider: Kraken to hire Natasha Powell as UK compliance chief
- Japan's Ceres introduces virtual currency "shareholder benefit" policy, stock price rises by 300 yen
- Vitalik: Independent stakers are the "first line of defense" and the "last line of defense" for the Ethereum network
"What important events have happened in the past 24 hours"
Binance will list 6 new spot trading pairs including BTC/EURI, CATI/BRL
Binance announced that on September 25, 2024, at 19:00 (Beijing time), it will list 6 new spot trading pairs, including 1MBABYDOGE/FDUSD, 1MBABYDOGE/TRY, BTC/EURI, CATI/BRL, NEIRO/FDUSD, and NEIRO/TRY. At the same time, Binance will enable trading bot services for these trading pairs, supporting spot algorithmic orders.
According to Ibtimes, the U.S. House Financial Services Committee will hold a hearing titled "Oversight of the SEC" on September 24, and SEC Chairman Gary Gensler will attend and testify. Tomorrow, he will attend a separate hearing in the Senate. After Gensler announced his attendance, many members of the crypto community expressed criticism and dissatisfaction.
NFT collector Medic Matt stated that attending the congressional hearing would be "a good opportunity to resign," and some community members called on Gensler to hand over the position of SEC chairman to someone more capable. Crypto researcher Anderson stated that he predicts Gensler will "not answer any questions, just waste everyone's time." Anderson mentioned that during a hearing in 2023, Gensler repeatedly refused to answer questions from lawmakers about whether Ethereum should be classified as a security or commodity.
Crypto YouTuber James Rule asked Democratic Senator Elizabeth Warren if she would "write the answers" for Gensler. Warren and Gensler have been accused of deliberately undermining the cryptocurrency industry. Crypto investor and developer Leon Gaban stated that the SEC should be shut down. He urged Gensler to "resign now to avoid being fired by Trump in the future."
Previously, Republican presidential candidate Donald Trump had stated that if elected in November, he would dismiss SEC Chairman Gary Gensler on his first day in office. Crypto analyst Jonathan Morgan reminded Gensler that his "Democratic allies" can no longer "slander" the cryptocurrency industry, as an increasing number of Republican politicians have recognized the industry's rapid growth.
Insider: Kraken to hire Natasha Powell as UK compliance chief
According to Coindesk, two insiders revealed that cryptocurrency exchange Kraken has hired Natasha Powell as its UK compliance chief, and Powell will take office in November.
A Kraken spokesperson commented in an email, "We have been exploring new opportunities to leverage industry talent to enhance our services." Powell comes from the crypto payment company BCB Group, where she served as Chief Compliance Officer. According to her LinkedIn profile, her career began at the UK regulatory agency Financial Conduct Authority (FCA), responsible for regulating the financial services industry, and later worked at the Royal Bank of Scotland and Barclays Capital.
Japan's Ceres introduces virtual currency "shareholder benefit" policy, stock price rises by 300 yen
Japanese company Ceres operates the point site "Moppy" and a cryptocurrency exchange. Its stock price rose by 300 yen (22.7%) on the previous trading day, closing at the limit price of 1623 yen.
Ceres announced that starting from the end of December 2024, it will give virtual currency worth 10,000 yen (about $69.29) to shareholders holding 100 shares or more at the end of December each year. It is not yet clear whether the virtual currency to be given is Bitcoin (BTC) or another type.
In addition, Ceres' collaboration with bitbank is also making progress, and bitbank is preparing for listing.
Ethereum co-founder Vitalik Buterin shared a summary of his fireside chat at the Home Staking Summit in Singapore on social media, discussing the actual value of independent stakers (including small businesses and community stakers) to the network, and what changes L1 can make to better support these stakers.
Vitalik stated that independent stakers are both the "first line of defense" for the Ethereum network, providing resistance to censorship, and the "last line of defense," protecting the network by preventing the final confirmation of a faulty chain by 67%. Independent stakers are typically unrelated to large organizations, making them difficult to be captured or coerced by regulators, thereby enhancing Ethereum's position as a trusted neutral block space.
Vitalik proposed the possibility of increasing the required validator ratio (e.g., from 67% to 85%) to enhance network security. However, he also pointed out that this may bring new challenges, such as lowering the cost of attacks to prevent final confirmation. In addition, Ethereum's network security strategy may face reassessment. Currently, 33% of staked ETH represents the highest cost of attacking the blockchain. However, this situation indicates that there may be an excessive focus on defending against attacks exceeding 33%, and it is suggested to reallocate resources to strengthen defense against attacks of "66% or more."
Vitalik emphasized the importance of increasing the number of independent stakers as a key component of the current final confirmation threshold, and discussed the measures that the Ethereum base layer (L1) may take to better support and encourage independent staking.
Saga Founder: Women in Web3 Finance Earn 46% Less Than Men, Higher Than Web2
According to Unchained, Saga founder Rebecca Liao stated that the "Web3 Finance Compensation Report" shows that women in Web3 finance earn an average of 46% less than men, a significantly higher gap than the 39% (United States) and 28% (United Kingdom) in Web2 finance.
In 2024, over 90% of blockchain venture capital funds flowed to male-dominated projects, and in 2023, women held only 26% of positions in the crypto industry, with leadership positions at only 6%.
Although a previous early report from Pantera had indicated that women in the crypto industry earned 14.6% more than men, this study also showed that women in the industry had an average experience of 5.3 years, compared to 4.5 years for men.
Rebecca Liao stated that these two studies do not present a contradictory picture, but rather emphasize the fact found by McKinsey in its 2023 Women in the Workplace report: women are not hindered by a lack of C-suite advancement opportunities, but rather face a "broken rung." This means that women progress at a slower pace from entry-level to mid-level positions than men, hindering their chances of advancing to higher levels.
Only 1.1% of Remittances in El Salvador Involve Cryptocurrency
According to the latest household remittance statistics from the Central Reserve Bank of El Salvador, Salvadorans still prefer to use the US dollar as the basis for sending and receiving remittances. The report found that only 1.1% of remittances sent to El Salvador include cryptocurrency, indicating that the majority use other methods.
The report confirmed that since Salvadorans received $84.8 million in digital currency in 2022, cryptocurrency remittances have been declining. In 2023, it decreased to $59.5 million, and now in 2024, it has only reached $57.4 million.
It is reported that the Salvadoran government is committed to encouraging the use of cryptocurrency for payments and remittances, even sponsoring the national crypto wallet Chivo and providing airdrops to citizens to familiarize them with Bitcoin.
Green United Fails to Dismiss $18 Million Cryptocurrency Mining Fraud Lawsuit
Green United LLC failed to dismiss a lawsuit from the U.S. Securities and Exchange Commission (SEC), which accused its executives of implementing a fraudulent cryptocurrency mining scheme that defrauded investors of $18 million. Defendants Wright Thurston and Kristoffer Krohn are accused of falsely selling non-existent mining equipment and promoting "green boxes" and "green nodes" as tools for mining the GREEN token.
On September 23, Judge Ann Marie McIff Allen ruled that the defendants failed to refute the SEC's allegations, refusing to dismiss the fraud charges against Thurston, pointing out that the distribution of GREEN tokens to investors depended solely on Thurston's personal decisions.
The Indonesian Criminal Investigation Bureau (Bareskrim) collaborated with Binance and Tokocrypto to capture a major fraud operation, identifying multiple suspects and seizing $200,000 in ill-gotten gains.
Bareskrim conducted an investigation into a suspected transaction fraud case involving a cryptocurrency trading website. The investigation confirmed that the website was part of a Ponzi scheme. During the investigation, several individuals involved in managing accounts that received stolen funds were arrested. Authorities found approximately 50 mobile phones and multiple local bank cards, as well as bank applications, on the suspects' phones and tablets. When asked about the cryptocurrency wallets they controlled, the suspects refused to cooperate.
Through evidence analysis, Bareskrim investigators identified wallet addresses possibly controlled by the suspects and found supporting evidence in their communication records, particularly on Telegram. Their chat screenshots revealed several key wallet addresses, further linking the suspects to the fraud.
Bareskrim has arrested individuals involved in managing the stolen funds.
South Korean Man Arrested for Cryptocurrency Mining Investment Scam Worth 2.5 Billion Korean Won
A man in his 30s in South Korea was arrested by South Korean police for defrauding 2.5 billion Korean won (approximately $18,700) using cryptocurrency mining investment as bait.
According to the report from the Nam Police Station in Ulsan, the suspect, Mr. A, promised interest group members 3 to 4 times the high returns from May 2021 to May 2022, and fraudulently obtained investment funds.
The investigation revealed that Mr. A did not use the funds for mining operations, but instead used them to repay personal debts, purchase wedding supplies, and cover living expenses. Currently, Mr. A has been arrested by the police, and the case will be transferred to the prosecution.
According to Jin10, Pan Gongsheng, the Governor of the People's Bank of China, announced at a press conference at the State Council Information Office on the 24th that the deposit reserve ratio and policy interest rate will be reduced. The reserve ratio will be cut by 0.5 percentage points in the near future, releasing long-term liquidity of 1 trillion yuan, and there may be another reserve ratio cut of 0.25-0.5 percentage points by the end of the year. At the same time, the central bank's policy interest rate will be lowered, with the 7-day reverse repurchase operation rate reduced by 0.2 percentage points, guiding the loan market quoted rate (LPR) to also decrease.
Citi Bank Survey: Family Offices' Investment in Cryptocurrency Doubles Year-on-Year
According to the "2024 Global Family Office Survey Report" released by Citi Bank, the number of family offices bullish on cryptocurrency has doubled from 8% last year to 17% this year, with direct investment still their preferred investment method.
The report indicates that family offices' interest in digital assets continues to grow from a low base. Whether it is large family offices with assets under management exceeding $500 million or small family offices with less than $500 million, the level of interest in digital assets is similar, with direct cryptocurrency investment and cryptocurrency-related investment funds being their preferred directions.
Compared to small family offices, large family offices show greater interest in tokenized real-world assets (RWA), with 11% of large family offices holding cryptocurrency exposure, while this proportion is only 3% for small family offices. On the other hand, small family offices have a greater demand for derivatives, with 8% holding exposure to these products, while the proportion for large family offices is 3%.
The Asia-Pacific region is leading in the adoption of digital assets, with 37% of family offices investing in or interested in investing in digital assets. In this region, 1 in 20 family offices reports that digital assets account for more than 10% of investable assets. Meanwhile, family offices in Latin America show the lowest interest, with 83% of family offices not prioritizing the allocation of digital assets.
Celestia Foundation Completes $100 Million Financing, Led by Bain Capital Crypto
The Celestia Foundation has announced the completion of a $100 million financing round, led by Bain Capital Crypto, with participation from Syncracy Capital, 1kx, Robot Ventures, Placeholder, and others. This brings the total amount raised for the project to $155 million.
The Celestia Mainnet Beta was launched in October 2023, providing a dedicated modular consensus and data network. Since its launch, an early ecosystem has formed, with developers deploying the first 20 rollup chains, and the Celestia data blob recently reaching over half of the total data released on the rollup.
It is reported that the core developer community of Celestia recently announced its technical roadmap, with the core goal of scaling to 1 GB blocks, bringing a significant increase in data throughput to Celestia's rollup ecosystem.
"What are the exciting articles worth reading in the past 24 hours"
TON Asia Development Relations Director: What Should Developers Build on TON?
The TON ecosystem has recently been active, with emerging applications within the ecosystem. In response to this situation, Howard, the Asia Development Relations Director of TON, posted on the X platform, pointing out the potential application areas worth developing in the current TON ecosystem, providing direction for developers. The following is the full content.
In recent months, with the surge in applications, the TON ecosystem has experienced explosive growth. While many projects have taken a similar path (a good sign), TON's goal is still to maximize your investment, whether in time or money, to achieve greater results with less effort.
According to the reliable 2/8 rule, attention in any field is focused on the top 20% (or less) of projects, and traffic and funds flow to the best projects.
Understanding Solana's Ambition Again from BreakPoint
Memecoins transcend emotions and culture, and are the ideological products of this cycle, and ideology is on par with technological innovation in any historical period. Investors and institutions who understand this will know how to properly view Memecoins.
Bitcoin Layer 2 is a second-layer blockchain network built outside the main chain to improve the scalability, functionality, and transaction efficiency of the Bitcoin blockchain. Although it is often compared to Ethereum Layer 2, in the journey of Bitcoin's expansion, it was not until May 2023, when the experimental BRC20 token standard based on the Ordinals protocol became popular, that more people believed that based on Bitcoin, not only coins could be issued, but also more complex and sustainable application scenarios could be realized.
Finding Perspectives, Playing Conspiracies, the Crazy Ethereum MEME Week, Who Will Win in the End?
In the past week, the on-chain market of the Ethereum mainnet can no longer be simply described as "lively". A single interest rate cut by Lao Bao has revitalized the already active on-chain market: a golden dog every day, and even two or three waves of market movements on the weekend, with the mainnet gas soaring to around 70Gwei at one point, making on-chain transactions very expensive.
The "Mars Tide" Meme Coin Strikes, TERMINUS Ranks First
In the crypto world, the miracle of wealth creation always appears unexpectedly, and recently, TERMINUS has led the "Mars Tide" Meme coin to a major outbreak.
Last Saturday, with the "joining" of the Chinese crypto KOL and SHIB community OG Li Ping, TERMINUS, a Meme coin project with the ID of "TERMINUS" as depicted by Musk as the "first city for human future landing on Mars," became the latest focus in the market after completing the CTO (community takeover).
This article provides a brief overview of the recent "Mars Tide" Meme coin projects for reference. (Odaily Planet Daily note: Meme coin prices fluctuate greatly, and investment risks are high, please choose targets carefully, the following information does not constitute investment advice)
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
