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Will DogWifHat Crash to Zero? $WIF Price Down 24% as Emerging Rival Gathers $900,000
Will DogWifHat Crash to Zero? $WIF Price Down 24% as Emerging Rival Gathers $900,000

Popular Solana meme coin DogWifHat ($WIF) has posted the biggest intraweek losses among any of the ten biggest meme coins by market capitalisation.

CryptoNews·2024/09/03 08:06
Meme Coins Trade at a Discount From ATH – Crypto All-Stars Offers New Path for Returns, Raises $900K in Presale
Meme Coins Trade at a Discount From ATH – Crypto All-Stars Offers New Path for Returns, Raises $900K in Presale

Crypto All-Stars offers a new way to stake meme coins, with over $900K raised so far.

CryptoNews·2024/09/03 08:06
Ethereum expansion economic account: Is it worth giving the bulk of sorting revenue to L2?
Ethereum expansion economic account: Is it worth giving the bulk of sorting revenue to L2?

If the long-term value of ETH lies in network equity in a widely used protocol, then value accumulation needs to occur.

BlockBeats·2024/09/03 07:40
Will Solana follow in Ethereum's footsteps by expanding its network? | Featured Thread
Will Solana follow in Ethereum's footsteps by expanding its network? | Featured Thread

If Solana also has L2 tokens, will SOL fall?

BlockBeats·2024/09/03 06:44
Flash
23:42
The Japanese government has finalized an additional budget of $19 billion to subsidize soaring fuel and utility costs.
Jinse Finance reported that on June 3, market news indicated the Japanese government has finalized an additional budget of 19 billion USD to subsidize soaring fuel and utility costs. (Golden Ten Data)
23:42
Bittensor co-founder: Bitcoin network’s computing power is now 600,000 times greater than the world’s top 100 supercomputers combined
```htmlJinse Finance reported that on June 3, at a summit held in Paris, Bittensor Co-founder Ala Shaabana stated that decentralized networks are replacing traditional enterprise data centers, becoming the new global infrastructure for computing power. Shaabana pointed out that the Bitcoin network’s hash rate has surpassed the combined computing power of the world’s top 100 supercomputers by more than 600,000 times, fully demonstrating the enormous scale of distributed computing networks. He believes that by adopting incentive-based subnets (Subnets) to reward specific tasks, open networks can mobilize global hardware resources and collective intelligence more efficiently than centralized tech giants, supporting the development of artificial intelligence. Shaabana further argued that, compared with the model of data centers operated by a handful of large technology companies, this decentralized, incentive-driven network architecture has greater potential to become an important method for allocating AI computing resources in the future.```
23:36
Overview of Key Overnight Developments on June 3
21:00 (UTC+8)-7:00 Keywords: Ondo Perps, Mt. Gox, Anthropic, Iran-US 1. Ondo Perps will be launched on June 9; 2. Iranian media: Information exchanges between Iran and the US have been interrupted for several days; 3. The US sanctions Iranian cryptocurrency trading platforms and related personnel; 4. US Secretary of State: An Iran agreement may be reached today, tomorrow, or next week; 5. Mt. Gox, possibly due to the approaching repayment deadline, transferred $739 million worth of Bitcoin; 6. Anthropic is providing Mythos access to an additional 150 institutions worldwide; 7. SpaceX asks to lower IPO underwriting fees, but investment banks are still expected to share $500 million in revenue.
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