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Bitcoin ATM fraud is rapidly rising in Australia, fueled by a surge in machine installations and regulatory gaps. Older adults are especially at risk as scammers exploit confusion around crypto transactions.
The Ethereum Foundation has reorganized its core team, refocusing on key areas like Layer 1 scaling and blob efficiency, as part of its long-term vision to refine Ethereum's ecosystem.
HBAR’s second Death Cross in six weeks raises concerns for traders, with liquidation risks threatening further declines. However, a recovery above key support levels could set the stage for a potential rebound.
dYdX Trading Inc. (“dYdX”) today announced the strategic acquisition of key business teams from the dYdX Foundation, including Marketing, Business Development, and Solutions. This move marks a significant milestone in aligning go-to-market efforts more closely with product and engineering. The acquisition is designed to create tighter integration between growth and product functions, enabling dYdX to …
Strategy (formerly MicroStrategy) is set to raise $250 million through an IPO to boost its Bitcoin holdings, joining a growing trend of corporate crypto adoption.
Bitcoin’s rally above $105,000 is driven by growing expectations that the Federal Reserve may ease its monetary policy later this year, supporting risk assets like Bitcoin.
- 05:41Powell Faces Unprecedented Pressure Ahead of GDP and Employment Data ReleaseAccording to Jinse Finance, against a complex backdrop of mounting political pressure, shifting trade policies, and conflicting economic signals, Federal Reserve Chair Jerome Powell and his colleagues will convene for a policy meeting next week. This decision coincides with a rare data-heavy week— the U.S. government will successively release GDP figures, employment reports, and the Fed’s preferred core inflation indicator. While markets broadly expect the Fed to hold rates steady once again, this series of data releases could reshape the policy outlook. Economists predict that the annualized growth rate of U.S. GDP for the second quarter, to be announced next Wednesday, could reach 2.4% (a significant improvement from the 0.5% contraction in the first quarter), mainly due to a sharp narrowing of the trade deficit. The July nonfarm payroll report, to be released on Friday, is expected to confirm that businesses are becoming more cautious in hiring. After a surge in education sector employment boosted June’s figures, job gains this month are likely to slow, with the unemployment rate possibly edging up to 4.2%. The U.S. government’s June personal income and outlays report is expected to show that the Fed’s favored core inflation indicator accelerated slightly month-on-month, indicating that tariffs are gradually being passed on to consumers.
- 05:32ETH surpasses 3,800 USDAccording to Jinse Finance, market data shows that ETH has surpassed $3,800 and is currently trading at $3,801.5, with a 24-hour increase of 1.5%. The market is experiencing significant volatility, so please manage your risks accordingly.
- 05:02Blockchain infrastructure company DSRV completes KRW 16 billion Series B funding roundAccording to Jinse Finance, South Korean blockchain infrastructure service provider DSRV has announced the completion of a 16 billion KRW (approximately 11.6 million USD) Series B funding round, with participation from Korean investment institutions such as Intervest and NH-SK Securities. The company also plans to conduct a new round of financing with several financial institutions by the end of next month. DSRV holds a Virtual Asset Service Provider (VASP) license and is preparing for an IPO and the release of an SOC report. The new funds are intended to support the integration of traditional and digital assets, as well as to expand new businesses such as stablecoins and custody services.