News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
Is the Constraint of Reputation and Trust Still Effective in an Increasingly Murky Market?
Share link:In this post: Trump launched a new crypto venture where he profits early and his supporters lose money again. His past projects—Truth Social, $Trump, $Melania, and NFTs—left late investors with major losses. The new WLFI token offers no profits or ownership but funnels 75% of sale proceeds back to Trump.
Share link:In this post: Jerome Powell hinted at a possible September rate cut but admitted the Fed is facing a “challenging situation.” Fed officials are divided over inflation, weak hiring, and whether to cut rates now or wait. Trump threatened to fire Governor Lisa Cook and continues to pressure the Fed to lower rates.
Share link:In this post: Only 37% of Americans trust Powell to manage the economy, near record-low levels. Powell hinted at upcoming interest rate cuts during his final Jackson Hole speech. Trump attacked Fed official Lisa Cook and installed loyalists to reshape the central bank.
- 14:01Sky: Spent $700,000 last week to buy back 9.4 million SKY tokensAccording to official sources reported by ChainCatcher, Sky Protocol spent $700,000 last week to buy back 9.4 million SKY tokens. As of now, Sky Protocol has repurchased more than 1.19 billions SKY tokens.
- 14:00Data: Hacker who stole over $300 million from a certain exchange sold 3,976 ETH, incurring a loss of $932,000 in two daysAccording to ChainCatcher, on-chain analytics platform Lookonchain has monitored that the hacker who stole over 300 millions USD from a certain exchange user has urgently sold 3,976 ETH (approximately 17.98 millions USD) at a price of 4,522 USD per ETH, incurring a loss of 932,000 USD within two days.
- 13:52Google rises over 3% to hit a new all-time high, with total market value surpassing $3 trillion for the first time.Jinse Finance reported that Google rose more than 3%, continuing to hit record highs, and its total market value surpassed 3 trillions USD for the first time. As of now, the number of listed companies in the US stock market with a total market value exceeding 3 trillions USD has expanded to four: Nvidia (4.26 trillions USD), Microsoft (3.79 trillions USD), Apple (3.53 trillions USD), and Google.