According to BlockBeats, on September 10, Christy Walton, heir to the Walmart fortune, will co-host a fundraising event for U.S. Vice President Kamala Harris. This event signifies growing support for the Democratic candidate among wealthy donors and business leaders. The invitation indicates that the luncheon will take place on September 15 in Jackson Hole, Wyoming. Ticket prices for the event range from $1,250 to $100,000. Michigan Governor Gretchen Whitmer and former Montana Governor Steve Bullock are expected to attend. Walton is listed as a co-host for the event. She has previously been a significant Democratic donor, urging President Joe Biden not to run for re-election. According to the Billionaire Index, her net worth is estimated at $15.4 billion.

According to BlockBeats, the Federal Bureau of Investigation (FBI) released a report on Monday revealing that Americans lost over $5.6 billion to cryptocurrency-related fraud schemes in the past year. This figure represents a 45% increase compared to losses reported in 2022, highlighting a significant rise in fraudulent activities involving digital currencies.

The CEO of Tether says that the stablecoin issuer’s synthetic aUSDT product is backed by gold rather than Bitcoin (BTC) because the precious metal is more stable in price than the crypto king. In a new interview with Bloomberg, Paolo Ardoino says the firm could have chosen Bitcoin to back aUSDT but BTC’s tendency to […] source: https://dailyhodl.com/2024/09/09/stablecoin-ausdt-backed-by-gold-as-precious-metal-much-less-volatile-than-bitcoin-says-tether-ceo-paolo-ardoino/

The Harris-Walz platform, “A New Way Forward,” included plans for tax cuts for working and middle-class Americans and encouragement of innovative industries. source: https://cointelegraph.com/news/kamala-harris-policy-platform-digital-assets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Digital assets manager CoinShares says that institutional crypto investors pulled hundreds of millions in capital from digital asset products last week. In its latest Digital Asset Fund Flows report, CoinShares says that institutional crypto investment products suffered $726 million in outflows last week driven by strong economic data releases. “Digital asset investment products experienced... source: https://dailyhodl.com/2024/09/09/crypto-products-suffer-720000000-in-outflows-amid-rate-cut-uncertainty-coinshares/

Ripple (XRP) reserve on one of the largest crypto exchanges, Binance, declined by 167 million in a time frame of five weeks. source: https://www.fxstreet.com/cryptocurrencies/news/xrp-reserve-on-binance-dips-by-over-160-million-in-five-weeks-what-to-expect-from-ripple-202409091738

Donald Trump’s potential re-election could push Bitcoin to unseen highs. According to a new report from asset manager Bernstein, if he wins, Bitcoin is hitting $90,000 before January. Trump’s promises to transform America into the “bitcoin and crypto capital of the world” are central to this projection. He has consistently mentioned crypto in his campaign […] source: https://www.cryptopolitan.com/if-trump-wins-bitcoin-is-hitting-90000/

MicroStrategy holds more than 1% of the Bitcoin supply—and co-founder Michael Saylor sees enormous gains ahead for the asset. source: https://decrypt.co/248574/microstrategy-michael-saylor-bitcoin-price-13-million

Crypto exchange NoOnes bucks regulatory crackdown on privacy coins, adding Monero, Zcash to its platform. source: https://dailycoin.com/crypto-exchange-noones-defies-feds-by-listing-privacy-coins/?utm_source=cryptopanic&utm_medium=rss

According to CoinDesk, Kalshi has achieved a court victory over regulators but must wait until at least Friday to list its prediction markets for the upcoming U.S. election. On Monday, Judge Jia Cobb of the U.S. District Court for the District of Columbia scheduled a Thursday hearing and stayed her previous order that allowed Kalshi to list event contracts on which party will control each house of Congress after the election. Last year, the U.S. Commodity Futures Trading Commission (CFTC) barred Kalshi from listing such contracts, citing concerns about potential damage to the integrity of elections if traders were allowed to bet up to $100 million. Kalshi subsequently sued the CFTC. In her ruling last Friday, Judge Cobb sided with Kalshi but did not provide her rationale, which she said would be detailed in a subsequent opinion. The timing of this opinion's publication remains unknown. Following its defeat, the CFTC filed an emergency motion requesting a 14-day stay of Cobb's order after the opinion's publication. The agency argued that without understanding the judge's reasoning, it could not determine whether to appeal the decision. If granted, this stay would prevent Kalshi from listing election markets until late September at the earliest, leaving the company with limited time to participate in this year's election betting. However, the stay ordered by Judge Cobb on Monday will last only until the end of Thursday's hearing. Depending on the outcome, Kalshi might still be able to list the markets as soon as Friday. Kalshi is the only CFTC-regulated prediction market in the U.S., where it lists contracts on various events, including U.S. students' test scores and bitcoin prices. Trades are settled in dollars. PredictIt, another U.S.-only site, lists election contracts under a narrow regulatory exemption, while Polymarket, a notable player in prediction markets and cryptocurrency, is barred from doing business with U.S. residents under a CFTC settlement. Both companies have gained market share at Kalshi's expense, as noted in Kalshi's weekend filing opposing the CFTC's proposed delay.

Judging from the ups and downs of Ethereum in the past, what is important is not whether there is a crisis, but whether Ethereum can continue to solve the problems encountered in the development process.

CZ, Justin Sun, Durov... Every founder of the crypto ecosystem has been swept up in the huge waves of the market, some have called the shots, some have been thrown into jail, some have changed their identities, and some have left their hometowns. The story of capital continues...

Golden Finance launches Golden Web3.0 Daily to provide you with the latest and fastest news on games, DeFi, DAO, NFT and Metaverse industries.

This article will provide a systematic report on the staking and re-staking space and its ecology, as well as the investment logic and opinions we have accumulated from our investment layout in this field.

What applications are there on the Ton network? Who are its users?

Interest rate cut, crypto market, after the September interest rate cut, the outlook for US interest rates remains unclear. Golden Finance, the economic data released in October will determine the Fed’s next move.

Most L2s will always remain centralized because their incentives are perverse.

Using stablecoins in international trade would make Russian businesses more vulnerable to further restrictions

Recommended readings tonight: 1. Why is marketing "crypto" so difficult: Crypto is facing an identity crisis; 2. a16z: A must-read list for crypto builders and founders in 2024; 3. Messari: The latest progress of TON mini-games;

Marketing crypto is a bit like trying to explain the internet in 1995—everyone knew it was supposed to change the world, but no one could say exactly how or when.