Mars Morning Post | Last night and this morning: CZ plans to leave United States to participate in Dubai Binance Blockchain Week at the end of the month; United States CPI has fallen for six consecutive years

CZ plans to leave United States to participate in Dubai Binance Blockchain Week at the end of the month

On October 10, CZ posted on platform X: "I will be participating in Binance Blockchain Week in Dubai on October 30-31 as an individual, which is one of the biggest Web3 events of the year."

United States CPI fell for six consecutive years, but higher than expected

On October 10, the United States non-seasonally adjusted CPI recorded an annual rate of 2.4% in September, the sixth consecutive month of decline, the lowest since February 2021, but higher than the market expectation of 2.3%.

United States non-seasonally adjusted core CPI recorded an annual rate of 3.3% in September, the highest since June and higher than market expectations of 3.2%.

The number of initial jobless claims in the United States for the week to October 5 was 258,000, with an expectation of 230,000 and a previous value of 225,000.

U.S. senators introduced a draft regulation of stablecoins

On October 11, pro-crypto United States Senator Bill Hagerty unveiled a draft legislative discussion aimed at creating a regulatory framework for stablecoins, much like the ongoing work in the House of Representatives. Republican Hagerty said in a statement Thursday that its draft legislation "provides much-needed regulatory clarity." The draft is very close to the Clarity for Payment Stablecoins Act, which was drafted in the House by Republican Rep. Patrick McHenry and Democrat Maxine Waters.

Hagerty's draft adopts the structure of a House bill while dividing federal regulation into the Federal Reserve's supervision of banks and the Office of the Comptroller of the Currency's supervision of non-bank institutions. The draft would include a provision that issuers exceeding the $10 billion threshold could receive an exemption from federal regulators and then remain subject to the jurisdiction of their state. The draft legislation also includes the maintenance of foreign exchange reserves denominated in US dollars on a one-to-one basis.

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On the blockchain-based prediction platform Polymarket, United States former President Donald · Trump's lead over Kamala · Harris jumped to 13%. Earlier this week, the platform's anonymous trader Fredi9999 held about 7 million shares of Trump-winning stock, and now the trader holds nearly 11 million shares, according to Benzinga data. In the past hour alone, Fredi9999 has bought hundreds of thousands of dollars worth of stock, betting that Trump will win. So far, the total bets on who will win Trump or Harris have exceeded $1.6 billion.

The Trump family crypto project WLFI plans to raise $300 million at a $1.5 billion valuation in next week's token sale

On October 10, The Block reported that the Trump family's cryptocurrency project, World Liberty Financial (WLFI), plans to raise $300 million at a $1.5 billion valuation in next week's token sale.

The roadmap clarifies that WLFI will serve as a governance token to vote on decisions regarding the future development of the WLFI platform. These tokens are non-transferable for the first 12 months. 63% of the token supply will be sold to the public, with 17% going to reward users and 20% to the team.

Uniswap Labs宣布推出Unichain

On October 10, according to official news, Uniswap Labs announced the launch of Unichain, and Uniswap Labs said that after years of building and scaling DeFi products, it saw where DeFi needed to improve, and what it needed to continue to advance the Ethereum scaling roadmap. Unichain is a fast, decentralized Optimism superchain L2 that aims to be a cross-chain DeFi and liquidity chain.

Unichain will integrate Flashbot's Rollup Boost solution to achieve a block time of 1 second. The Unichain testnet went live today, and the mainnet will go live later this year. The Uniswap Foundation will provide grants and project support to help developers build on Unichain.

Yesterday, ARKB had a net outflow of $30.3 million and ETHW had a net outflow of $4.8 million

According to Farside Investors data, the United States spot Bitcoin ETF and spot Ethereum ETF (October 10) inflow data are as follows: Spot Bitcoin ETF: BITB net outflow of $6.2 million, ARKB net outflow of $30.3 million; There is no inflow/outflow of funds in EZBC, GBTC and BTC; Spot Ethereum ETF: ETHW net outflow of $4.8 million, CETH, ETHE, EZET, ETH no inflow/outflow.

CryptoQuant: More than 63,000 BTC have been sent to cryptocurrency exchanges since October 7

According to CryptoQuant, more than 63,000 BTC have been sent to cryptocurrency exchanges since October 7, 2024. On October 7, about 28,000 BTC were sent to the exchange, on October 8, another 23,500 BTC were transferred to the exchange, and on October 9, about 12,000 BTC entered the exchange.

Ubisoft will launch Web3 games on the Oasys blockchain

On October 10, Ubisoft announced the launch of its first Web3-powered game, Champions Tactics: Grimoria Chronicles, which will launch on October 23 and will be deployed on Oasys Layer 2 Home Verse, a blockchain-powered Web3 gaming ecosystem. It is reported that the Web3-enhanced game will adopt a "Forge" system, allowing players to customize their champions to create new champions.

Founder, 10T Holdings: The results of the United States election will not prevent Bitcoin from reaching $100,000

Dan Tapiero, founder of venture fund 10T Holdings, said during a panel discussion at the Permissionless Conference in Salt Lake City, Utah, today that BTC could reach $100,000 regardless of which United States presidential candidate wins. "Bitcoin is the epitome of cryptocurrency, and I believe it will soon reach $100,000 and other assets will rise with it," Tapiero said. Dan Tapiero said: "The move to put all the value on the blockchain is significant and much more than the outcome of an election. So I think...... The tide will continue to evolve and will sweep the world."

Mango Labs sues DAO members for allegedly misappropriating $10 million in internal funds

Mango Labs has filed a lawsuit against John Kramer and Maximilian Schneider for misappropriating $10 million from the Mango Decentralized Autonomous Organization (DAO). John Kramer and Maximilian Schneider held fiduciary positions in the DAO and were accused of colluding for illicit gains, while they purchased the DAO's MNGO governance token on behalf of the bankrupt FTX-held DAO. The lawsuit alleges breaches of fiduciary duty and violates the provisions of the Puerto Rico Civil Code on damages, fraud/misrepresentation and unjust enrichment, and the organization seeks damages for money, "punitive and exemplary damages" and the return and forfeiture of improperly obtained funds, including interest and fees.

Ripple Labs plans to file a cross-appeal in the SEC case

Ripple Labs announced that it will file a cross-appeal against the United States Securities and Exchange Commission (SEC) to defend its legal defense. The SEC has filed an appeal against Ripple, and the case has been ongoing since December 2020. Stuart Alderoty, Ripple's chief legal officer, said the cross-appeal was intended to ensure that the company retained its arguments, particularly with regard to fundamental rights in investment contracts. In July 2023, a judge ruled that Ripple's sale of XRP to exchanges did not violate federal securities laws, finding that XRP is not a security. Ripple will submit detailed arguments in the coming weeks, and the SEC's appeal brief is expected to be completed by the end of January. Alderoty stressed that the industry needs legislators to provide policy solutions, rather than relying solely on court rulings.

SEC Commissioner Mark Uyeda: The SEC's crypto policies and methods are a "disaster" for the entire crypto industry

United States Securities and Exchange Commission (SEC) Commissioner Mark Uyeda said in an interview with Fox Business News that the agency's crypto policies and methods "have been a real disaster for the industry over the past few years." Asked what the different actions the SEC can or should take, Uyeda said, "There needs to be some clear guidance and explanation on what acts fall within the scope of securities law and what does not." ”

Japan-listed Metaplanet increased its holdings by 108.99 BTC again

On October 11, according to official news, Japan-listed Metaplanet increased its holdings by 108.99 BTC again, and currently holds 748.502 BTC.

From $26,500 to $60,500: Bitcoin's Anniversary Reincarnation and October's Ultimate Suspense

After a long bear market, Bitcoin hit $26,500 on October 11, 2023, and then the news of the approval of a Bitcoin spot ETF ignited new hope in the market, sending the price of Bitcoin soaring and starting a new bull run. Subsequently, Bitcoin entered a wide range of six months, and the October Fed meeting minutes and inflation data will be the focus of the market, and investors need to remain calm and keep an eye on key data.

Inflation data breaks expectations! The Federal Reserve is not expected to cut interest rates in November, and Bitcoin continues to be under pressure

United States CPI grew at a disappointing pace in September, and bitcoin prices fell. This could lead to a pause in the Fed's rate hikes at its November policy meeting. Although both September CPI and core CPI were stronger than expected, the Fed may not cut interest rates. Bitcoin prices have come under pressure over the past 10 days, falling further after the release of the data. The September consumer price index report showed stronger-than-expected inflation data, but weak employment data could offset this. The probability of a 50 basis point Fed rate cut in November has dropped to zero, and interest rate markets expect the Fed to pause its rate cuts. Today's inflation data is likely to further reinforce this expectation.

From Texas Hold'em Wizards to Prediction Market Legends: Domer Reveals the Secret to Making Millions a Day at Polymarket

Polymarket is the largest blockchain-powered prediction market platform, attracting tens of thousands of users to trade hundreds of millions of dollars per month. Last week, On-Chain Times interviewed Domer, the trader with the highest volume and profit on the leaderboard, who shared insights on predicting markets and political betting. Polymarket faced two challenges: the secure settlement of $1 billion in bets and the establishment of a new leading market. Traders recommend placing bets on their own strengths and avoiding contentious markets. Polymarket's launch of a token can improve the user experience, and Kahneman's bias theory plays an important role in betting.