ChainCatcher news, Federal Reserve Chairman Powell: The Federal Reserve is committed to completing the task of controlling inflation. A strong economy allows the Federal Reserve to make decisions cautiously.

ChainCatcher news, according to official sources, the Rollup-as-a-Service platform Caldera has announced the establishment of the Caldera Foundation, dedicated to promoting the decentralization of the Metalayer and Caldera networks and the expansion of their ecosystem.Currently, the Caldera ecosystem has locked a total value of over $750 million across 25+ blockchains, with nearly 300 million transactions completed.

ChainCatcher news, Ethereum Rollup deployment platform Caldera acquires Hook. This strategic acquisition brings Hook's team into Caldera's one-click Rollup platform, thereby driving product development. Hook is the development team behind Hook Odyssey, a perpetual futures Rollup focused on memecoins and NFTs.The addition of the Hook team brings Caldera's employee count to 20, distributed across the Americas, Europe, and Asia.

ChainCatcher message, Ethereum Rollup deployment platform Caldera posted on X: "We have noticed that scammers are creating and promoting counterfeit Caldera tokens on BSC. Please be aware that the official token has not been launched yet, and do not purchase or interact with this fraudulent token."

ChainCatcher news, according to Bloomberg, Zhao Changpeng reflected on his forced departure from Binance and his four-month imprisonment during an interview. During that time, he passed the time by exercising, writing a book, and discussing cryptocurrency with his cellmates. CZ stated, "I feel like I don’t want to go back to being the CEO of Binance. I have led the company for seven years. I really enjoy this job. Although it is a heavy workload. But I think that chapter is over."In addition, Zhao Changpeng mentioned that he even received offers to sell his stake in the exchange—these stakes constitute a large part of his personal net worth, but he refused to disclose who the buyer was or the price.Zhao Changpeng declined to comment on the U.S. elections but expressed satisfaction with the direction of X (formerly Twitter).Zhao Changpeng stated, "I think after Musk took over, Twitter has developed much faster. It has launched new features, and the pace of change has accelerated significantly. I’m not too worried about the fluctuations in investment value. We are long-term investors."

ChainCatcher news, Layer1 project Kadena has appointed Beatrice O'Carroll as a strategic advisor.The team stated: "O'Carroll has over 20 years of experience in financial services and the crypto market, having worked at Citibank, Deutsche Bank, and Circle, and will support Kadena's development in the digital assets and decentralized finance space. Her appointment aligns with Kadena's plans to expand its influence in the institutional market, develop new products, and strengthen the team. Kadena aims to achieve large-scale adoption of blockchain through scalable infrastructure and enterprise-grade solutions."

ChainCatcher news, according to Jinshi reports, according to CME's "Fed Watch": The probability of the Federal Reserve lowering rates by 25 basis points by November is 99.7%, the probability of maintaining the current rate is 0%, and the probability of a 50 basis point cut is 0.3%. The probability of maintaining the current rate unchanged by December is 0%, the cumulative probability of a 25 basis point cut is 19.5%, and the cumulative probability of a 50 basis point cut is 80.3%.Before the non-farm payrolls are released, the probability of the Federal Reserve lowering rates by 25 basis points by November is 93.1%, and the probability of maintaining the current rate is 6.9%. The probability of maintaining the current rate unchanged by December is 5.2%, and the cumulative probability of a 25 basis point cut is 94.8%.

ChainCatcher news, according to Jinshi reports, after the release of the October non-farm payroll data, traders increased their bets on a 25 basis point rate cut by the Federal Reserve in November.

ChainCatcher news, according to Jinshi reports, the U.S. October seasonally adjusted non-farm payrolls increased by 12,000, expected to be 113,000, and the previous value was revised from 254,000 to 223,000.

ChainCatcher news, according to Jinshi reports, according to CME's "Fed Watch," the probability of the Federal Reserve lowering rates by 25 basis points by November is 93.1%, while the probability of maintaining the current rate is 6.9%. The probability of maintaining the current rate by December is 5.2%, and the cumulative probability of a 25 basis point rate cut is 94.8%.

ChainCatcher news reports that according to 4E monitoring, on Thursday local time, U.S. stocks opened lower and the decline widened, with technology stocks, chip stocks, and AI concept stocks collectively falling. Despite the "Tech Seven Sisters" having outstanding revenue and profits, the market was disappointed with their performance guidance considering the current stock prices and valuation levels, leading to a broad sell-off. The Nasdaq fell sharply, closing down 2.76%, marking the largest decline in nearly two months, with a cumulative drop of 0.52% in October, ending a two-month rising streak; the Dow Jones closed down 0.90%, with a cumulative drop of 1.34% in October, halting a five-month rising streak; the S&P 500 fell 1.86%, with a cumulative drop of 0.99% in October, also ending a five-month rising streak.The cryptocurrency market fell collectively under the influence of U.S. stocks. As of the time of writing, Bitcoin fell below the $70,000 mark, trading at $69,851, down 3.18%, having risen nearly 10% in October due to increased trading activity related to Trump. Ethereum fell 5.1%, trading at $2,516, with a cumulative drop of 4.28% in October.The U.S. dollar index fell below 104 on Thursday, closing down 0.2%, but had a cumulative rise of about 3.1% in October. The dovish remarks from the Bank of Japan weakened, with the yen rising 1%, and a cumulative rise of 5.86% in October. Inflation in the Eurozone accelerated beyond expectations in October, strengthening the European Central Bank's cautious rate cut rationale, with the euro strengthening by 0.26%, but a cumulative drop of 2.25% in October. The British pound fell 0.51% against the dollar, with a cumulative drop of 3.55% in October.International crude oil continued its upward trend due to the potential escalation of tensions in the Middle East, with WTI crude oil rising over 2% at one point, and Brent crude closing up 1.87%, with a cumulative rise of about 2.38% in October. The demand for safe-haven assets ahead of the U.S. presidential election has driven gold prices to rise for four consecutive months, continuously hitting new highs, with spot gold having a cumulative rise of about 4.2% in October.Latest data shows that the U.S. PCE inflation in September increased by 2.1% year-on-year, in line with expectations. The market is focusing on the U.S. non-farm payroll report for October to be released tonight. Currently, the market generally expects that the number of new non-farm jobs in October will significantly slow down due to temporary unemployment caused by hurricanes and strikes. It is worth mentioning that when the employment report is released this Friday, there will only be four days left until the U.S. presidential election. If the data is extremely weak, it may affect the election and increase market volatility. eeee.com is a financial trading platform that supports assets such as cryptocurrencies, stock indices, commodities like gold, and foreign exchange. Recently, it launched a USDT stablecoin financial product with an annualized return of 5.5%, providing investors with potential safe-haven options. 4E reminds you to pay attention to market volatility risks and to allocate assets reasonably.

ChainCatcher news, according to CoinDesk, the Bitcoin rollup project Citrea has announced the completion of a $14 million Series A funding round, led by Peter Thiel's Founders Fund, with participation from angel investors such as Erik Voorhees and Balaji Srinivasan. Citrea aims to leverage zero-knowledge (ZK) technology to transform Bitcoin into a programmable asset, introducing Ethereum-like smart contract functionality.Citrea adopts the BitVM computing model, making it compatible with the Ethereum Virtual Machine, allowing applications on Ethereum to be deployed on Citrea without modification.According to RootData, Citrea is a ZK rollup for Bitcoin and also serves as an execution layer based on Bitcoin. Every transaction that occurs on Citrea is fully protected by zero-knowledge proofs and verified through BitVM.

ChainCatcher news, Scroll announces the launch of Scroll SDK and tools. The Scroll SDK is a production-ready infrastructure for deploying sovereign blockchain networks, while the tools are optional modules for customizing and enhancing the Scroll SDK chain.At the same time, the project also released its development roadmap, with enhanced features to be launched in the first quarter of 2025 and further tool integration in the second quarter.

ChainCatcher news, the Rollup-as-a-Service platform Gelato has completed a $11 million Series A+ funding round, led by Hack VC, with participation from Animoca Brands, IOSG Ventures, and Bloccelerate VC. The latest funding round brings Gelato's total funding to $23.2 million.The new funds will be used to expand its team and services to support more enterprise-level blockchain projects.Gelato aims to simplify the creation and management of Rollup integration, streamlining the way web3 applications and ecosystems are built and scaled.

ChainCatcher news, the Web3 asset data platform RootData has released its weekly hot search list. The top 10 projects for the last week (October 21 - October 27) are: Scroll, Chainbase, Aleo, DeAgentAI, Walrus, Eclipse, Grass, Moonwalk, Fuel, Abstract.It is reported that the RootData hot search list is based on multi-dimensional data such as user search frequency, project click volume, user votes, and the popularity and influence on the X platform, calculating the project heat value through weighted computation for real-time ranking.

ChainCatcher news, the Scroll ecosystem stablecoin project Essence Finance is suspected to have undergone a Rug Pull, with its stablecoin CHI dropping 93.94% to $0.06 in the past 6 hours, and over $20 million in collateral is suspected to have been removed. The last post from its official X was on September 11. The project's audit report is from FEI Protocol V2.

ChainCatcher message, Manta Network officially launched the Expedition exploration event, encouraging users to cross-chain ETH from Scroll and other L2s to Manta, hold assets on the Manta chain, participate in DEX trading, and add LP to earn double points. The event lasts for 3 months, and at the end, the points will be exchanged for real MANTA token rewards.