ChainCatcher message, Federal Reserve's Barkin stated that the reasons for raising interest rates need to rely on evidence of an overheating economy.

ChainCatcher news, Richmond Fed President Barkin stated in an interview that the Federal Reserve still leans towards cutting interest rates this year and currently sees no signs of an overheating economy.

ChainCatcher news, according to CryptoSlate, the American cryptocurrency mining company Mara Holdings (formerly Marathon Digital) announced that it has utilized the excess heat generated from Bitcoin mining to provide heating for 80,000 households in the Satakunta region of Finland.

ChainCatcher news, according to Cointelegraph, Canaan's (嘉楠科技) founder and CEO N.G. Zhang recently revealed in an interview that the company plans to launch a Mini series of home mining machines by the end of this year, with a maximum power of about 800W, using the latest chips, and a maximum hash rate of up to 40T, while also featuring heating capabilities.Zhang stated that the shipment of the previously launched Avalon Nano3 series home mining machines exceeded 10,000 units last quarter. He believes that home mining products are expected to account for 20% of the overall mining market in the future, which will greatly enhance the security of the Bitcoin network.Looking back over the past decade, Zhang pointed out that from the first generation Avalon mining machine with 66Ghs hash rate and 700W power consumption, to the 15th generation A1566 with over 200,000 Ghs hash rate and 3600W power consumption, the performance of mining machines has improved by about 3000 times, and energy efficiency has increased by nearly 600 times. Currently, the A1566 mining machine has achieved a hash rate of 210THs, with some high-end models achieving energy efficiency below 17J/TH.

ChainCatcher news, according to Jinshi reports, Scott Bessent, the founder of Key Square Group LP and one of the leading candidates for Treasury Secretary under the Trump administration, praised Trump's economic agenda amid intensifying competition for cabinet positions, believing it will promote economic growth across various sectors.Recently, the competition for Trump's second Treasury Secretary has entered the public eye, with Howard Lutnick, CEO of Cantor Fitzgerald LP, former U.S. Trade Representative Robert Lighthizer, and former SEC Chairman Jay Clayton mentioned as potential candidates.According to insiders, Lutnick is also vying for the position, having been selected by Trump as a co-chair during the transition period. He is opposing Bessent, claiming that the hedge fund manager has been weak on key protectionist commitments, including tariff issues. It is reported that the nomination for the new U.S. Treasury Secretary could be announced as early as this week.

ChainCatcher news, according to Jinshi reports, data shows that the unemployment rate in the UK rose more than expected, while wage growth slowed, but was slightly below expectations. After the data was released, the pound fell from 1.2825 to a three-month low of 1.2800 against the dollar, and the euro rose from 0.8294 to 0.8303 against the pound.In the three months to September, the unemployment rate increased from 4% in the previous quarter to 4.3%. Average earnings excluding bonuses rose by 4.8% year-on-year, higher than the expected 4.7%. XTB Research Director Kathleen Brooks stated in a report: "The rise in the unemployment rate may lead the market to start pricing in a rate cut by the Bank of England next month."

ChainCatcher news, according to Decrypt, Coinbase's Vice President of Enterprise and Business Development Shan Aggarwal stated that there has been a "shift" in negotiations between Coinbase and traditional financial institutions over the past six to nine months, which is accelerating, especially as issues related to cryptocurrency in the U.S. gain more support from both Republicans and Democrats. The dialogue could ultimately attract more traditional financial institutions into Web3, driving the mass adoption of digital assets.

ChainCatcher news, the TON ecosystem game Hamster Kombat announced that it has banned over 2.3 million cheating accounts and recovered 6.8 billion tokens from these accounts. 50% of the recovered tokens have been redistributed to honest players, and the remaining 50% will be burned.

ChainCatcher news, the Web3 asset data platform RootData released “2024 Q2 Web3 Industry Investment Research Report”, which predicts that the TGE project list for Q3 will include 30 high-funding, high-FDV star projects, with a high probability of listing on Binance.According to statistics from 288 investors' portfolios, the average number of Binance Launchpool projects in their portfolios does not exceed 2%. Among nearly 30 Binance Launchpool projects, 21 are invested by Binance Labs, accounting for over 11% of their portfolios.Due to Binance's trading depth and slippage advantages, as well as competitive contract rates, the fiercely competitive listing environment on Binance has a profound impact on the market. Project teams choosing to conduct TGE on Binance can effectively leverage its market advantages and platform resources, laying a solid market foundation for the long-term development of the projects.

ChainCatcher message, Degen announced on social media that approximately 2,000 user accounts suspected of obtaining platform tokens through improper means have been temporarily banned. If users believe they have been unfairly banned, they can submit an application through the official appeal form provided, and the project team will conduct further investigation.

ChainCatcher news, Wall Street Journal reporter Nick Timiraos, known as the "Fed's mouthpiece," stated that given the Federal Reserve officials' insufficient response to the inflation data in January and February, the risk of an overreaction to the hot inflation data in March is greater. The Federal Reserve is trying to avoid making policy based on one or two data points, but the resilience of economic activity so far this year means that the justification for rate cuts in mid-year will depend on whether inflation resumes the steady decline trend seen since the second half of last year.If inflation in March and April is moderate, the Federal Reserve may cut rates in June. However, if inflation falters again in March, it could disrupt the rate cut plans for June and push the timing of the first rate cut to the Fed's July meeting, or even later.

ChainCatcher news, CoinW will launch the Peak Arena from April 10, 2024, to April 16, 2024 (UTC+8), with a $50,000 prize pool preheating event now open.Event Duration: April 10, 2024 - April 16, 2024 (UTC+8)Event 1: Registration RewardDuring the preheating event, users who complete the form to register their UID and sign up for the Peak Competition during the early bird registration period will receive an additional 10 USDT super bonus. First come, first served, while supplies last.Event 2: Team Sharing RewardDuring the preheating event, users who complete the form to register their UID, share the team registration poster on Twitter, and @CoinWOfficial will receive an additional 5 USDT super bonus. First come, first served, while supplies last.Event 3: Trading Cashback RewardDuring the preheating event, users who complete the form to register their UID and participate in spot or contract trading after the trading competition starts will receive a 10% fee rebate, with a maximum of 100 USDT per person. First come, first served, while supplies last.Registration Form: https://forms.gle/V7MoPqnhFh9qSJDw8

ChainCatcher news, the MEV bot battle on friend.tech is intensifying. Shares Bot announced today the launch of Bot v1, stating that it has bypassed the friend.tech API restrictions.Previously, analysis indicated that since the first batch of sniper bots was open-sourced, the number of MEV bots on friend.tech has grown exponentially. MEV bots began competing for earlier buying shares after KOLs joined the platform.

ChainCatcher message, ChainCatcher will hold a live dialogue today at 19:30 on the theme "ZK Narrative Heating Up, How to Capture the Long-term Value of ZK" in the ChainCatcher official Twitter Space.This Space will be hosted by CatcherVC Research Director Loners Liu, with guests including Ola CEO White Young, Cysic co-founder Leo Fan, Hyper Oracle researcher Msfew, FOX Chief Scientist Sputnik, and Opside co-founder and CEO NanFeng. (Event link)

ChainCatcher message, Yuga Labs co-founder Greg Solano issued a reminder that while there are some real-time cheat detections in Dookey Dash, additional score reviews are performed asynchronously and will continue after the game ends. Cheating will be flagged for review, and player scores may be reduced to zero after the review. (Source link)

Chain Catcher News, the blockchain game project MosaicFantasy has announced the completion of its game demo packaging. NFT holders can enjoy a whitelist for the closed beta test, and early participants in the closed beta will receive additional airdrop rewards. The product will launch the NFT secondary market simultaneously when the official character NFTs are released, allowing past blind boxes to be freely traded on the secondary market.At the same time, MosaicFantasy will soon launch the first phase of the NFT blind box preheating event, with the blind boxes containing 6-star character cards that can participate in the game and offer random LKK token rewards, with an initial release of 2000 blind boxes. Additionally, the project has announced that the LKK token will be listed on the IDO platform in mid-October.