Web3&GameGo
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This is a rich and interesting web3&game channel, sharing exciting and useful information every day!Business cooperation contact: https://telega.io/c/Web3GameGo
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7 678
Key points to watch: The U.S. House of Representatives Financial Services Committee plans to hold multiple cryptocurrency hearings in September
Golden Finance reports that the U.S. House of Representatives Financial Services Committee plans to hold multiple hearings in September, focusing on cryptocurrency-related issues, including decentralized finance (DeFi), the regulation of the U.S. Securities and Exchange Commission (SEC), and “fraud” scams. Influence. The first hearing on September 10 will focus on DeFi, there will be a hearing on SEC enforcement and "fraudulent" scams on September 18, and the full committee hearing on September 23 will involve SEC testimony and is expected to focus on numbers. Regulation of assets. Committee Chairman Patrick McHenry, who is retiring, said he hopes to have a cryptocurrency legislation completed by the end of the year.
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According to TON on the TON Core is working hard to find a solution. TON will continue to keep users informed of developments. There is no risk to users’ crypto assets.🤣🤣🤣
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US spot Bitcoin ETF had a net outflow of US$127 million yesterday
According to TraderT monitoring, the US spot Bitcoin ETF had a net outflow of US$127 million yesterday.😬😬😬
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Currently, more than 170,000 people around the world hold crypto assets worth more than US$1 million, which has doubled from last year.
News on August 27, CNBC reported that as Bitcoin exchange-traded funds and other crypto assets climbed, the number of global crypto millionaires surged 95% in the past year, according to reports from New World Wealth and Henley & Partners. . There are currently 172,300 people worldwide holding more than $1 million in crypto assets, up from 88,200 last year. The number of pure Bitcoin millionaires more than doubled to 85,400.
Cryptocurrency billionaires have climbed to the top of the wealth ladder. According to the report, there are currently 325 crypto multimillionaires (those who hold crypto assets worth $100 million or more) and 28 crypto billionaires. Of the six new cryptocurrency billionaires born in the past year, five can attribute their newfound wealth to Bitcoin.
"This highlights its dominance in attracting long-term investors who buy large amounts of assets," said Andrew Amoils, head of research at New World Wealth.
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The size of the tokenized U.S. Treasury bond market exceeds US$2 billion, and BlackRock BUIDL fund ranks first
According to data from RWA monitoring platform RWA.xyz, as of August 25, the tokenized U.S. Treasury market size was US$2 billion and currently stands at US$2.02 billion. Among them, BlackRock's BUIDL fund ranks first with a size of US$502 million; followed by Franklin Templeton's FOBXX fund with a size of US$425 million. It is worth mentioning that Ondo Finance’s total TVL (tokenized U.S. Treasury bond market value) exceeds US$540 million (including OUSG and USDY), ranking first among various protocols.
In addition, the market value of U.S. Treasury tokens on the Ethereum chain is approximately US$1.45 billion, ranking first among various networks, followed by Stellar (approximately US$430 million).
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Dear KuCoin users:
🎉 To celebrate the launch of GemSlot, we are pleased to invite the SIDUS (SIDUS) project to join our product launch celebrations.
In addition to this, we will also be launching a series of exciting events with a total pot of over 150,000 USDT. We are delighted that the following projects have been invited to join us in our launch celebrations: cat in a dogs world (MEW), COTI (COTI), SIDUS (SIDUS), Ta-da (TADA), Solidus Ai Tech (AITECH) and ANyONe Protocol (ANYONE).
Deposit and trade SIDUS on KuCoin GemSlot to share the 10,000,000 SIDUS pool!🫶🏻🫶🏻🫶🏻
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Dear KuCoin users,
We are excited to offer you an exciting new opportunity to earn free tokens while participating in the latest projects on our platform! Introducing our brand new feature, “GemSlot”, which will provide generous rewards for your participation and efforts.
How does GemSlot work?
GemSlot is a platform where you can mine hidden cryptocurrency gems by participating in tasks and earning valuable rewards. Here’s how to participate in GemSlot and win rewards:
Log in to your account and register for the event;
Explore the various tasks you can perform, including trading, depositing, and more. Follow the instructions of each task, complete the task within the specified time, and overcome the challenges;
Complete the "General Task" and get the "General Voucher". Complete the "Token Task" and get the "Token Voucher". "General Task" involves platform participation, and "Token Task" encourages project participation;
After the task is completed, redeem the corresponding voucher for the new project token. The more you participate, the more you earn!
Why should you participate in GemSlot?
Participate to Earn: Complete various tasks such as friend referrals, staking, and project-specific activities to qualify for vouchers. Each task is carefully designed to be both attractive and rewarding, ensuring that you have fun while making money.
Join anytime: Flexible participation allows you to win big prizes at any time during the event. Complete tasks at your convenience.
Get free tokens as rewards: From "General Tasks" to "Token Tasks", you can complete different tasks at the same time and use different coupons to redeem multiple cryptocurrency airdrops and free tokens for new projects.
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A draft legislation proposed by U.S. Senator Cynthia Lummis (Bitcoin Act of 2024) shows that the purchase of Bitcoin as a new strategic reserve will be funded in part by revaluing the Federal Reserve’s gold. The program purchases up to 200,000 Bitcoins per year for five years, for a total of 1 million Bitcoins. The Bitcoins will be held for at least 20 years and used primarily to repay federal debt, after which no more than 10% of the assets will be sold in any two-year period. The draft also proposes a decentralized network of secure Bitcoin storage facilities across the United States.
In addition, the plan calls for allocating $6 billion to the Treasury from all net profits turned over by the Federal Reserve for fiscal years 2025 through 2029, and increasing the Fed’s banks’ discretionary surplus funds from the current $6.825 billion required under the Federal Reserve Act. reduced to $2.4 billion.
Bitcoin purchases would be financed in several ways, which are described in the draft bill as “offsetting the costs of strategic Bitcoin reserves.” Federal Reserve Bank gold certificates will also be revalued to reflect their fair market value.
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Hello everyone, my channel has officially joined the telega.io platform and can accept suitable advertising cooperation. Welcome to communicate and cooperate with me on telega.io platform
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Crypto Olympics: Trade and collect medals; predict outcomes and share the 120,000 USDT pool
Dear KuCoin users:
The Olympic Games have just kicked off, please trade with us and win medals together. Additionally, you can predict which country you think will win the most gold medals and post your predictions! Happy trading!
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Dear KuCoin coin earning users,
KuCoin Earn officially launches smart coin earning. Smart Coin Earning is a tool that helps you quickly find the right products to earn more coins. Smart Money Earn offers recommendations tailored to your preferences and risk level.
Once subscribed, users can go to Financial Accounts and select by product type to view their subscribed assets.
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Dear KuCoin contract users:
The KuCoin contract has now launched the UXLINK (UXLINK) U-based perpetual contract, supporting 1-30x leverage.
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Repost from Web3&GameGo
+1
Rule description❤️
1. We will launch various gift packages from time to time, with discounts as low as 20% off, and free gift packages are available in limited quantities.
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2. The gift package includes bonuses, discount coupons and other valuable prizes. Bonus rewards (including cash and trial funds) will be directly credited to the contract account and can be viewed in "My Bonus"; coupon rewards can be viewed in the coupon record.
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3. The trial money can be used for contract transactions, and the profit part can be withdrawn; the discount coupon can be used to deduct contract transaction fees, up to 100% of the deduction.
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Share an interesting dating platform so you won’t be lonely at midnight💋💋💋
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KuCoin has launched a new "VIP Rising Star" promotion plan. Ordinary users will have the opportunity to win a VIP+1 upgrade coupon (a total of 10 will be issued in this promotion) and share spot or contract transaction fee discount coupons worth 20,000 USDT.
Event time: July 18, 2024 08:00 to August 18, 2024 07:59 (UTC+8). Please check the event rules on the platform.
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Repost from Web3&GameGo
KuCoin contract has launched U-based 1000000MOG contract
Dear KuCoin contract users,
KuCoin contract has now launched MOG (Mog Coin) U-based perpetual contract, supporting 1-30x leverage.
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kucoin launches a video tutorial for novices in margin trading. Friends in need are welcome to learn the operation.
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Keywords: Trump, Satoshi Aoban, Federal Reserve, WLD
1. Satoshi Omoto admitted that he is not Satoshi Nakamoto, the creator of Bitcoin;
2. The U.S. Spot Bitcoin ETF increased its holdings by 5,383 BTC today;
3. Trump: The Fed should avoid cutting interest rates before the November election;
4.Tools For Humanity’s WLD lock-in period is extended to 5 years;
5. BlackRock and Fidelity Spot Bitcoin ETF currently hold a total of 495,600 BTC;
6. The US SEC has told asset management companies that the spot Ethereum ETF may be launched on July 23;
7. Cryptocurrency donations accounted for approximately 1% of the Trump campaign’s total fundraising in the second quarter;
8. After Trump selected JD Vance as his running mate, the prediction market probability of winning the election rose to a new high of 72%;
9. Fed Governor Coogler: If the unemployment rate keeps rising, it would be appropriate for the Fed to cut interest rates early.
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😉💯Welcome to the 3rd Weekly Futures Challenge! 🤗😎
Campaign Period: From 12:00 on July 10, 2024 to 12:00 on July 31, 2024 (UTC)😉Activity 1: Futures Trading Competition, Win a Share of 150,000 USDT!
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During the campaign period, the top 30 traders with the highest Futures trading volume (trading amount x price) will share a weekly prize pool worth 50,000 USDT Futures Trial Funds.
Notes:
1. Top 30 traders will be updated every Tuesday at 8 AM, with the leaderboard resetting at the end of each week.
2. Previous week's winners are eligible to participate and win again in the subsequent week's trading challenge.
3. Trading volume from the previous week will not carry over to the following week's calculations.
😻Activity 2: Participation Rewards, Win a Share of 150,000 USDT!
During the campaign period, all qualified KuCoin users who reach a Futures trading volume (trading amount x price) of more than 8,000 USDT on KuCoin will share a prize pool worth 150,000 USDT based on their total trading volume. (Winners from Activity 1 will be excluded.)
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The Fed’s bets on interest rate cuts during the year continue to increase:
According to CME's "Fed Watch", the probability of the Fed keeping interest rates unchanged in August is 94.3%, and the probability of cutting interest rates by 25 basis points is 5.7%. The probability of the Fed keeping interest rates unchanged until September is 0.0%, the probability of a cumulative 25 basis point interest rate cut is 88.7%, the probability of a cumulative 50 basis point interest rate cut is 11.0%, and the probability of a cumulative 75 basis point interest rate cut is 0.3%.
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