ChainCatcher message, according to official data, the average annual percentage yield (APY) of OKX's USDT and USDC flexible earning products this week reached 27.72% and 20.43% respectively, higher than similar products in the industry. This reflects the increasing activity of users with borrowing needs on the platform.According to the official introduction, OKX's flexible simple earning products help deposit users earn stable borrowing interest by matching the assets of deposit users with those of users in need of borrowing.Currently, OKX's flexible simple earning products support 24-hour access with interest calculated hourly, offering strong flexibility, and are fully backed by OKX's risk control system to ensure the safety of user assets, aiming to provide users with a convenient asset management solution and lower the participation threshold.

ChainCatcher news, Diane Swonk from KPMG stated that the Federal Reserve may cut interest rates in December, but it seems they want to maintain "flexibility" in the future. She mentioned that one of the main challenges the Federal Reserve currently faces is "communication," as this is not a time when they can provide "a lot of forward guidance."

ChainCatcher news, according to Cointelegraph, the American convenience store company Sheetz has expanded its partnership with the crypto payment provider Flexa, allowing customers to now pay with stablecoins like USD Coin and other cryptocurrencies.

ChainCatcher message, the founder of the crypto analysis firm Reflexivity Research, Will Clemente, stated on social media that it is psychologically very difficult to shift from trying to cut profits during a rebound to allowing winners to continue to rise amid volatility. In my opinion, confirming a change in market structure for Bitcoin above $65,000 is the threshold for risk appetite and shifting this bias.

ChainCatcher news, according to CoinDesk, the DeFi derivatives protocol Cega has announced a new feature that allows users to manage their investments more flexibly and respond to changing market conditions. Cega stated that the Vault Token Market (VTM) will enhance the liquidity, utility, and flexibility of users' investments.Cega allows users holding USDC to earn yields without actively managing their positions. Users deposit USDC into the vault, which employs strategies around fixed-income notes and put spreads to generate substantial returns. Vault participants will receive Cega vault tokens representing their financial position in the strategy.Each vault's strategy runs for 27 days, starting every Wednesday at 1:00 UTC, simplifying the investment process. However, for issuers, this means their USDC is locked in the vault for 27 days, making the funds inaccessible. This liquidity barrier limits users' ability to respond to market changes and meet financial needs. The VTM (Vault Token Market) addresses this issue by allowing users to exit early.

ChainCatcher news, according to CoinDesk, Flexa has launched Flexa Components, a tool designed to simplify merchant cryptocurrency payments, enabling what is known as direct, fee-free digital wallet transactions. Flexa states that Components will allow customers to pay for purchases using their preferred crypto wallets. Customers will be able to scan a QR code with their mobile wallet app or click the "Pay" button integrated into the merchant's payment system, similar to existing mobile payments like Google Pay.It is reported that Components supports multiple cryptocurrencies, including USDC, Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Litecoin (LTC). Flexa has stated that signed retailers include Chipotle, Mikimoto, Regal Cinemas, and 99 Ranch Market.

ChainCatcher news, Manta Network announced its MultiDA strategy, achieving network resilience through modular integration, providing continuous uptime for the network. As a pioneer of the modular ecosystem, Manta Pacific is the first L2 to leverage MultiDA.So far, Manta Pacific is the largest modular L2, saving users over $6 million in Gas fees by utilizing modular DA, while bringing high throughput to the network. Lower costs and scalability mean a better user experience.Manta Network has also become the first L2 to utilize MultiDA by adding integrations with EigenDA, NEAR DA, 0G, Nubit, and Dill on the Testnet.

ChainCatcher news, according to The Block, Ledger launched a new cryptocurrency wallet, Ledger Flex, during the Bitcoin 2024 conference. The new device features E-Ink touchscreen display technology, which allows for easier operation of the device without compromising security.

ChainCatcher news, according to Cointelegraph, the Bank of England (BoE) and the Financial Conduct Authority (FCA) will take a "proactive" and flexible regulatory approach through the Digital Securities Sandbox (DSS).Bank of England Executive Director Sashi Mills stated, "This will enable regulators to adopt new methods to maximize the potential benefits of innovation while managing financial stability risks. Through DLT, the DSS aims to alleviate inefficiencies in the 'post-trade environment,' which can lower the entry barriers for providers while enhancing the resilience of financial markets."

ChainCatcher news, according to the official announcement, Binance Staking Borrowing (flexible interest rate) has added new borrowable assets: Holo (HOT), Jito (JTO), Manta Network (MANTA), MANTRA (OM), NFPrompt (NFP), and Portal (PORTAL).

According to ChainCatcher news and the official announcement, Binance's staking borrowing (flexible interest rate) and VIP borrowing have added the following available assets:Staking borrowing (flexible interest rate): Coin98 (C98), Celo (CELO), Dent (DENT), Polymesh (POLYX), iExec RLC (RLC), Ravencoin (RVN), SuperVerse (SUPER), and WOO (WOO);VIP borrowing: Ethena (ENA).

ChainCatcher news, according to the official announcement, Binance's staking borrowing (flexible interest rate) has added Axie Infinity (AXS), PAX Gold (PAXG), Pendle (PENDLE), Render (RNDR), and USD Coin (USDC) as borrowable assets.

ChainCatcher message, Bitcoin NFT protocol Ordinals has released version 0.16.0. This update focuses on enhancing user-friendliness and expanding software functionality. Now, users can set each top-level ord configuration through command line parameters, environment variables, or configuration files, greatly simplifying the operation process. Additionally, the project team has documented backward compatibility guarantees on recursive endpoints, promising not to remove or change fields that could break inscriptions, although new fields may be added in the future. Notably, inscription tag 15 has been added as a "note" field, allowing inscription tools to include the tool name in the inscription; this field will not be rendered, making it more flexible to use.The version update also includes displaying the initial synchronization time for comparing synchronization times across different versions, supporting the configuration of Ord servers through content proxies to test inscriptions dependent on mainnet inscriptions, and allowing re-inscriptions via batch files among other functional improvements. Furthermore, more fields have been added to r/blockinfo, providing detailed statistics on block size and fees, as well as simplifying the use of the `ord env` command through configuration files.

ChainCatcher news, BitMEX co-founder Arthur Hayes, in his latest blog post, delves into the evolution of ownership structures and fundraising methods in crypto projects. Hayes explores how the business model of the historical East India Company compares to the operation of modern crypto projects, discussing how the progression from Bitcoin to Initial Coin Offerings (ICOs), yield farming, and the latest points systems has become a natural evolution for user participation and fundraising.Hayes emphasizes the fundamental differences in fundraising and attracting users between Web 2.0 and Web 3.0 projects, particularly in crypto projects where holding tokens or points allows users to directly participate in the ownership of the project, marking a significant paradigm shift. He believes that the emergence of Bitcoin signifies a new beginning where participation equates to ownership. Subsequently, ICOs as an early fundraising method allowed retail investors to participate early, while yield farming further incentivized participation by rewarding users for directly using the protocol.According to Hayes' analysis, the latest points systems combine the strengths of both ICOs and yield farming. This system creates a more flexible and sustainable incentive mechanism by issuing points to users who interact with the protocol, which may potentially convert to tokens in the future. Hayes argues that this approach not only effectively attracts and retains users but may also provide a fairer way for retail investors to participate in projects at a lower cost in the early stages.Additionally, Hayes mentions the potential impact of points systems on the fundraising strategies of crypto projects, noting that this could reduce reliance on venture capital and high-net-worth investors for pre-sale tokens. He emphasizes that the success of such systems relies on a high level of trust between project founders and users, while also cautioning about the potential risks and misconduct that may arise.

ChainCatcher news, the stablecoin TrueUSD announced on social media that Binance's earning platform Simple Earn has launched a TUSD flexible product promotion. During the promotion period, subscribing to the TUSD earning flexible product not only allows users to earn real-time annualized returns but also enjoy an exclusive additional tiered annualized return of 8%.