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- 16:21Former Symbolic partner Sam Lehman joins Pantera Capital as a junior partnerChainCatcher reported that, according to market sources, former Symbolic Capital partner Sam Lehman has joined Pantera Capital as a junior partner. Lehman stated that Pantera brought him on board because of his expertise in investing at the intersection of crypto and artificial intelligence. Pantera Capital recruited Lehman shortly after completing the first round of fundraising for Pantera Fund V, which has a target fundraising size of $1 billion. Cosmo Jiang, Pantera's general partner and portfolio manager, previously hinted that a significant portion of the new fund would be allocated to investments in the crypto-artificial intelligence sector. Lehman will become Pantera's fourth junior partner. The firm also has two managing partners, two general partners, and two partners. Lehman mentioned that one reason he was attracted to Pantera was the opportunity to "accompany the company throughout its entire development journey, not just in the early stages." He also said that his decision was influenced by the team he would be working with.
- 16:07A certain whale transferred 47,507 ETH to two new wallets after four years of dormancy.According to Jinse Finance, monitoring by Lookonchain shows that a certain whale, after four years of dormancy, has transferred 47,507 ETH to two new wallets, with a total value of approximately $207 million.
- 16:07New York Fed: Tight Labor Market Impacts Consumer ConfidenceJinse Finance reported that the weak labor market this summer has affected Americans' outlook on the economic future. The latest consumer expectations survey from the New York Fed shows that in August, consumers' views on future employment prospects and the unemployment rate worsened, while short-term inflation expectations rose. In August, the proportion of people expecting the unemployment rate to rise in the next year increased by 1.7 percentage points from 37.4% in July to 39.1%. Meanwhile, expectations for the likelihood of finding a new job if losing their current one dropped by 5.8 percentage points to 44.9%—the lowest value since the New York Fed began tracking this data in June 2013. The pessimism toward the labor market may be justified. Hiring has been weak since May. In August, the U.S. added only 22,000 jobs, far below economists' expectations of an increase of 76,500 jobs. The unemployment rate rose to 4.3%, the highest level since 2021, while the number of people applying for unemployment benefits steadily increased in August.