Defi

BNB Chain launches the application for the ninth season of the MVB program, dedicated to building an "AI First" BNB Chain

ChainCatcher news, BNB Chain today announced the opening of the application for the ninth season of the MVB program, with a commitment to promoting AI innovation in Web3, focusing on AI First. MVB9 aims to attract more projects and developers that integrate AI scenarios to jointly build an AI First BNB Chain. Applications from DeFi, DeSci, gaming, and social sectors, as well as middleware projects, are also welcome, encouraging exploration and innovation that combine with AI scenarios. This includes but is not limited to the following categories:Decentralized applications: Intention based DeFi, AI first Game, DeSoc, AI Agent and Companions, Data labeling, DataDAO.Infrastructure and tools: Identity, MPC Wallet, Social Graph, AgentKit, Agent Hosting, and DevTools. Data-related Privacy Computing and Streaming Indexing, etc.The MVB (Most Valuable Builder) acceleration program is hosted by BNB Chain in collaboration with Binance Labs and CMC Labs, lasting for 4 weeks, aimed at supporting the growth of BNB Chain ecosystem projects. The application deadline for the ninth season of MVB is January 13, 2025, 11:59 PM UTC.In past MVB projects, nearly 60% of the 131 incubated projects from the first seven seasons received investments and support from multiple capital sources, including Binance Labs, with 5 projects currently launched on Binance Launchpool.

4E: U.S. November PPI inflation exceeded expectations, all three major U.S. stock indices fell, and the DeFi sector of the cryptocurrency market strengthened

ChainCatcher news, the latest data shows that the U.S. November PPI rose more than expected, with a month-on-month increase reaching the largest in seven months, indicating rising inflation. The market expects a 25 basis point rate cut next week, but bets on a pause in rate cuts in January next year.According to 4E monitoring, the market has fully priced in the expectation of a rate cut in December, but the latest data has increased uncertainty about the Fed's rate cut prospects for next year. The three major U.S. stock indexes all fell, with the Dow Jones down 0.53% for six consecutive days, the S&P 500 down 0.54%, and the Nasdaq down 0.66%. Large tech stocks failed to maintain the momentum from earlier this week, with Nvidia down 1.41%, Tesla down 1.57%, and crypto-related stock MSTR down 4.67%, while Coinbase fell 0.27%.The crypto market surged and then retreated. When Trump rang the opening bell at the NYSE, he stated that he would do great things in the cryptocurrency space, briefly pushing Bitcoin above $102,000. However, it later fell back below $100,000 due to the drag from U.S. stocks, causing a collective retreat in the crypto market. The DeFi sector showed strong performance, driven by the Trump family project WLFI purchasing ETH, AAVE, and LINK, leading to a broad rise in DeFi tokens. Currently, WLFI holds approximately $74.9 million worth of cryptocurrencies, with the largest holding being ETH, which the market views as the Trump family's optimistic outlook on Ethereum's potential and an early layout of their crypto strategy.In the forex and commodities sector, the inflation data boosted the dollar index by 0.31%, marking the fifth consecutive day of gains; the International Energy Agency (IEA) predicted a supply surplus next year, offsetting the optimistic sentiment around rate cuts and dragging down U.S. and Brent crude oil prices; the strengthening dollar put pressure on gold, and the strong PPI data further diminished gold's appeal as a safe haven, causing gold to plummet, with the London spot gold price falling by 1.33%.eeee.com is a financial trading platform that supports assets such as cryptocurrencies, stock indices, bulk gold, and forex. Recently, it launched a USDT stablecoin financial product with an annualized return of 5.5%, providing investors with potential hedging options. 4E reminds you to pay attention to market volatility risks and to allocate assets wisely.
ChainCatcher Building the Web3 world with innovators