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837 Followers
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There is no smoke without fire @seyedalikheibar
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Pharmaceutical company CelaCare is suing stablecoin issuer Circle, demanding a refund of $1 million in USDC sent to the wrong address and "destroyed" by its CEO Kenneth Yates due to mishandling. The lawsuit claims that on July 3, 2024, Yates mistakenly entered the letter B in the address as the number "8" when sending USDC from his Coinbase account, resulting in the funds entering an unclaimed and inaccessible wallet address. CelaCare requests the court to confirm that USDC has been destroyed and demands Circle to compensate $1 million. However, Circle rejected the refund request on September 6th. @drunky @yseultacacia
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. Promise is debt. @yigit
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Ethereum co-founder Vitalik Buterin responded on social media to suggestions from Twitter users to stop selling ETH, saying, "Yesterday's ETH sell-off was initiated by a biodefense organization I funded, triggered by an automatic CoWSwapTWAP order set up as early as August 29th. This is the last order." The time weighted average price (TWAP) order launched by DEX aggregator CoWSwap allows traders to diversify their trades within a specified time period to stabilize market price fluctuations and obtain positions at the average market price. @dsegundo
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I am extremely grateful that my youth is burning at this moment @udrelondil
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The US House Financial Services Digital Assets Subcommittee discussed DeFi regulatory issues at a hearing. Massachusetts Democratic Congressman Stephen Lynch stated that there is no "consensus definition" for DeFi among regulatory agencies or the industry itself. He also criticized the entire cryptocurrency industry, stating that it has been damaged by an "implosion event" and calling for legislation. Stephen Lynch said, "The committee should have explored topics such as DeFi and tokenization of digital assets long before legislation was introduced. The FIT bill that I strongly oppose excludes DeFi services. I urge the committee not to push for similar legislation because it would trigger the same consumer and investor protection risks by legalizing the industry @rsyaalfariza
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The mountain has its own path for travelers @tiffanyk
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Cryptocurrency analyst LarkDavis stated on YouTube that 2025 will be the high point of this cycle and should be sold before leaving. He gave the following reasons for this argument: the global liquidity cycle is expected to peak in 2025 and then begin to decline. The credit cycle in China is about four years, and 2025 may be the peak of China's credit. At present, the yield of short-term bonds is higher than that of long-term bonds, but the yield curve is gradually returning to normal, which may indicate a shift in the economic cycle. Therefore, he believes that there may be a huge market chaos in 2025, followed by a bear market. @ftiioma @dryhh
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Without any scraps, everything is the main theme @seungddoddo
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Friend.Tech、 Harris, Hong Kong 1. Legal expert: Meme coin takeover team may face legal risks; 2. Traders generally expect that this week's CPI results will not cause significant market fluctuations; 3. The multi signature wallet that obtained ETH from Vitalik Buterin has sold 760 ETH; 4.Friend. After Tech developers gave up control over smart contracts, the platform has been largely shut down; 5. Insiders: Harris' major donors privately urge the replacement of SEC Chairman Gary Gensler; Ethereum advisor Steven Narayoff sues Covington law firm for $100 million in compensation; 7. Eight members of a criminal gang involved in Chinese telephone fraud in South Korea were arrested for money laundering and cryptocurrency exchange; There are already over a thousand fintech companies in Hong Kong that cover areas such as virtual banking, virtual insurance, and virtual assets. @yigihv @ststion9871235
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When things come, the heart responds. When things go, the heart stops @ftionbbb
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Yellen, Penpie, Kalshi, Trump 1. Arthur Hayes: Closed BTC short position and gained 3% profit; 2. US Treasury Secretary Yellen: The US economy is stable and moving towards a 'soft landing'; 3. The Penpie hacker has deposited the last 1661 ETH into TornadoCash; 4. The Cryptocurrency Panic and Greed Index is now at 29, with a brief easing of panic; 5. Former Mt GoxCEO: There are too many centralized risks and scam projects in the current industry; 6. Trump: Will closely monitor the fairness of the 2024 election, and fraudsters will be fully prosecuted; 7. The US CFTC has proposed an emergency motion to prevent the prediction market Kalshi from launching election contracts within two weeks; 8. Hong Kong Police Force: Encourage the Web3 industry to actively organize information exchange platforms and participate in public-private partnerships. @drk-eth
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I want the joy of chasing after the wild in the mountains @scxtt
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According to Coindesk, British banking giant Barclays has raised the ratings of Coinbase (COIN) and Robinhood (HOOD) from underweight to equal weight, citing their better business models. Barclays analyst Benjamin Budish stated that both companies have "significantly matured", particularly due to the rich expansion of their products and a more positive financial outlook. Given that both presidential candidates have adopted increasingly friendly attitudes towards the digital asset industry and multiple spot ETFs have been approved, Coinbase can particularly benefit from a more favorable regulatory environment. @ygor
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Sunshine Quilt Me @eskan27
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Bitcoin block, Base network, India, Vitalik 1. Bitcoin 860080 block takes 1 hour to produce; 2. Federal Reserve Messenger: Non farm payroll will affect the magnitude of the Fed's interest rate cuts; In August, the transaction volume of Base exceeded 11.5 billion US dollars, attracting 12 million new users; 4. The fluctuation of Ethereum prices has led to the lowest level of exchange reserves since 2016; 5. "Federal Reserve Messenger": A jump in unemployment rate may garner broader support for a 50 basis point rate cut; The Indian financial intelligence agency may allow more offshore cryptocurrency exchanges to conduct business next year; 7. Penpie hackers whitewashed 5600 ETH again through TornadoCash 5 hours ago; Vitalik: We do not plan to invest in L2 or other token projects in the future, and will only donate valuable projects. @suochao
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April showers bring May flowers. @ewqwewq @weys
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Puffpaw announced the completion of a seed round financing of $6 million, with Lemniscap Ventures participating. The Puffpaw project plans to launch a blockchain powered electronic cigarette aimed at reducing nicotine intake through token incentives for users. This project encourages users to quit smoking by recording their smoking habits and rewarding them with tokens. Puffpaw's token economy aims to cover 30% of the cost for users to use its product in the first month and provide social rewards. The project also considers possible system abuse behavior, but the issue of users reporting smoking habits dishonestly is not yet clear. @seung-mi
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Books should be read well, and those who like them should strive for them @seitama @ftnnxtvzuisgjz
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Justin Drake, a core researcher at the Ethereum Foundation, stated in an article on X that on September 5th at 21:00 Beijing time, the Ethereum Foundation (EF) research team will hold an official AMA event on Reddit, where EF researchers will answer various questions raised by the community on the relevant homepage. It is reported that this is the 12th official AMA in the history of the team, and the last time the team held an AMA was in January of this year (before the upgrade to Cancun). @seiran-anisa @drvito
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