The minutes of the Federal Reserve's FOMC meeting released a dovish signal for an interest rate cut in September. Iran admitted that it was planning to launch a retaliatory attack on Israel during the ceasefire negotiations in the Middle East. Gold and Bitcoin rebounded.
WeiliangLoot Legends, powered by HYCHAIN, is set for public launch and blends traditional gameplay with Web3 features, including procedurally-generated dungeons and a multi-currency economy. The game will briefly go offline for progress updates, while the team will host a Community Town Hall to discuss upcoming plans.
WeatherlyKamala Harris supports Biden’s historic 44.6% capital gains tax and a 25% tax on unrealised gains for the ultra-wealthy. Despite her commitment to digital asset policies, the crypto community remains sceptical. Harris faces a divided Congress, while Trump's pro-crypto stance and support from industry figures like the Winklevoss twins pose significant challenges.
AlexChina's new "Interpretation on Handling Money Laundering Cases" targets money laundering, including virtual asset transactions, but does not ban cryptocurrency trading. The law, effective August 20, 2024, increases criminal risks for the crypto industry.
MiyukiBinance is expanding its compliance team by 1,000 employees to address rising regulatory demands, aiming to manage increased costs and scrutiny from U.S. authorities. The company has also prevented $2.4 billion in potential fraud losses this year, highlighting its commitment to enhancing security and regulatory alignment.
AnaisHackers breached McDonald's Instagram to promote a fake Grimace meme coin, scamming $700,000 in Solana before the account was restored.
WeiliangCorn, a Bitcoin yield-generating network on Ethereum's L2 using Bitcoin as a gas token, launches with $6.7M in seed funding from Polychain Capital, Binance Labs, and other top investors, amidst a retroactive airdrop commencement.
Catherine中国公安部“猎狐行动”工作组将涉嫌组织、领导传销活动罪的特大经济犯罪嫌疑人张某某从泰国成功引渡回国。此案系1999年中泰引渡条约生效后，中国从泰国引渡的首名经济犯罪嫌疑人。
AlexThe "Operation Fox Hunt" working group of the Ministry of Public Security of China successfully extradited Zhang Moumou, a major economic crime suspect suspected of organizing and leading pyramid schemes, back to China from Thailand. This case is the first economic crime suspect extradited by China from Thailand after the China-Thailand Extradition Treaty came into effect in 1999.
AlexRussian media RT previously released news that 159 countries would adopt the new BRICS payment system. This was later confirmed to be fake news. The media has issued an apology statement on Weibo.
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