Rhythm Evening News｜A list of important information in the crypto industry on August 9
Fed Collins: If the data is as expected, it would be appropriate to start easing policy "soon"
BlockBeats news, on August 9, Fed Collins said that if the data is as expected, it would be appropriate to start easing policy "soon". (Jinshi)
PlanB: The problem with the current Bitcoin market is that it entered the bull market too early
BlockBeats news, on August 9, crypto analyst PlanB posted on social media, "I think the problem with the current Bitcoin market is that it entered the bull market too early. Normally, Bitcoin halving (every 210,000 blocks) occurs in the accumulation phase, but the halving in 2024 (the 840,000th block) occurs in the bull market phase. Therefore, we have been acting in advance, but the market is not ready to rise."
Data: pump.fun's cumulative revenue exceeded US$85 million
BlockBeats news, August 9 According to DefiLlama data, Solana meme coin platform pump.fun has accumulated revenue of US$85.37 million.
The U.S. Ethereum spot ETF had a net outflow of $2.9 million yesterday
BlockBeats news, on August 9, according to Farside Investors data, the U.S. Ethereum spot ETF had a net outflow of $2.9 million yesterday, including:
· BlackRock ETHA net inflow of $11.7 million
· Fidelity FETH net outflow of $2.6 million
· Bitwise ETHW net inflow of $2.8 million
· Grayscale ETH net outflow of $19.8 million
The U.S. Bitcoin spot ETF had a net inflow of $194.6 million yesterday
BlockBeats news, on August 9, according to Farside Investors data, the US Bitcoin spot ETF had a net inflow of US$194.6 million yesterday, including:
· BlackRock IBIT net inflow of US$157.6 million
· Fidelity FBTC net inflow of US$65.2 million
· ARK’s ARKB net inflow of US$32.8 million
· WisdomTree’s BTCW net inflow of US$118.5 million
· Grayscale GBTC net outflow of US$182.9 million
BlockBeats Note: The data of Invesco BTCO has not yet been released, but the ETF has maintained 0 inflow/outflow for 12 consecutive trading days since July 22.
Arbitrum community launches "unlock token utility by enabling ARB staking" proposal vote
BlockBeats news, on August 9, according to the Snapshot governance page, Tally market operations head Frisson launched a "unlock token utility by enabling ARB staking" proposal vote in the Arbitrum community, and the vote will end on August 16.
The proposal proposes to unlock ARB utility by enabling ARB staking and improve the governance and security of the Arbitrum protocol, but will not start distributing fees to token holders for the time being. Through ARB staking, tokens are delegated to users who actively participate in governance, and token holders will be able to capture value.
The proposal will also implement a liquidity-staking ARB token (stARB) through the Tally protocol, which can automatically compound any future rewards, can be (re)staking, and is compatible with DeFi.
In addition, the proposal initiator said it would work with Arbitrum DAO to decide whether and how to fund rewards and distribute rewards between token holders and delegators.
Neutron announced that it has resumed block production and the network has stabilized
BlockBeats news, on August 9, Neutron, the Cosmos cross-chain smart contract platform, officially stated that block production has been resumed. A review will be released next week. The network has stabilized and activities can be resumed.
dYdX community launches "whether to add Zerolend to dYdX Chain" on-chain vote
BlockBeats news, on August 9, the dYdX Foundation posted on social media that the on-chain vote on whether the dYdX community should add Zerolend to the dYdX Chain has been opened, and the vote will end at 15:16 UTC on August 12, 2024. The current number of votes is 46,707,390 DYDX, with 100% of the votes in favor of the proposal.
BlockBeats news, August 9, according to The Block, Solana developers, validators, and client teams worked together to solve a serious security vulnerability.
Solana validator Laine said the process began on August 7, when the Solana Foundation contacted well-known network operators through private channels. The contact was part of a secret vulnerability patching strategy designed to prevent the vulnerability from being exploited in any way. The patch is provided through the GitHub repository of Anza engineers, enabling operators to independently verify and apply changes. As of 14:00 UTC on Thursday, August 8, detailed instructions for implementing the patch were distributed to stakeholders, ultimately securing 66.6% of the network's stake. The vulnerability was not publicly disclosed until 70% of the network had implemented the patch.
BlockBeats news, on August 9, Floki officially posted on social media that Simon's Cat meme coin will be launched on TokenFi Launchpad on August 20. 18.5% of the total will be distributed to FLOKI token holders.
It is reported that "Simon's Cat" is a well-known cat-themed animation series, and its emoticon series is also very popular. The launch of this meme coin will cooperate with Floki, DWF Labs and BNBChain, and will be launched exclusively on BNBChain. The token code is CAT, the total supply is 9,000,000,000,000, the pre-sale fundraising amount is US$4.25 million, the pre-sale market value is US$25 million, and all will be unlocked and put into circulation at TGE.
Aleph Zero will be launched on the EVM mainnet on August 12
BlockBeats news, on August 9, according to official news, Layer1 privacy-enhanced blockchain Aleph Zero stated that it will launch the EVM mainnet on August 12.
BlockBeats news, on August 9, the Stacks Foundation issued a statement on X that on August 28, the final code for the Nakamoto upgrade will be sent to network operators, and the activation window will open. sBTC will be ready for mainnet release within 4 weeks after the Nakamoto hard fork.
BlockBeats news, on August 9, Paolo Ardoino, CEO of stable USDT issuer Tether, said in an interview with Bloomberg that plans to double the size of employees in the next year to enhance compliance and other areas, and it is expected that the number of employees will reach about 200 by mid-2025.
BlockBeats news, on August 9, OKX CEO Star posted on social media to respond to whether the poisoned address will be cleared, saying, "For each case, there will be a compliance specialist to conduct an in-depth investigation. If it is indeed passive poisoning, it will not affect the use of the user's account."
BlockBeats previously reported that Star said today that OKX accounts that have interactive funds with Tornado Cash will be cleared.
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