Wu Blockchain News

Only 42 tokens among the Top 300 on CoinMarketCap have outperformed BTC in 2024 Year-to-Date, according to @MustStopMurad. 11 of the top 15 tokens are MEME. 20 tokens were listed on Binance last year or earlier, and 5 tokens will be listed on Binance in 2024.

Analysis of the impact of the Fed's 50bps rate cut on the future market The Fed has been more aggressive than we expected. Its reaction function has completely shifted from focusing on inflation to focusing on employment. Any future unemployment rate above 4.4% is likely to trigger more rate cuts. Read more — link

According to Lookonchain, the wallet "0xD04d" associated with Vitalik transferred 1,300 ETH (worth $3.17 million) to the wallet "0x5567" 1 hour ago, and then the wallet "0x5567" deposited 74.17 ETH (worth $181K) into Paxos. The wallet "0xD04d" last transferred 1,000 ETH (worth $2.45 million) to the wallet "0x5567" 348 days ago. — link

SynFutures has launched a perpetual contract for the US election victory rate. Users can use up to 10x leverage to trade the Polymarket prediction market victory rate of Trump or Harris being elected president. Currently, the probability of Trump being elected president on Polymarket is 47%, and the probability of Harris being elected president is 52%. The above contract market will be settled around November 4. — link

ZachXBT revealed a $243 million social engineering attack in which three suspects successfully stole the crypto assets of a Genesis creditor through an elaborate multi-step scam. The incident occurred on August 19, 2024. The suspects impersonated Google support staff to gain access to the victim's personal account. The 4,064 bitcoins involved in the theft were quickly dispersed to more than 15 exchanges after being stolen. — link

The Telegram trading robot Banana Gun recently suffered a user wallet theft incident, and some user funds were transferred, involving about 563 ETH. The Banana Gun team said that the Telegram robot has been offline and is investigating the issue. It had nearly 272,000 users. — link

The number of initial jobless claims in the United States for the week ending September 14 was 219,000, the lowest since the week ending May 18, 2024. The expected number was 230,000, and the previous value was revised from 230,000 to 231,000. The number of continuing jobless claims in the United States for the week ending September 7 was 1.829 million, the expected number was 1.854 million, and the previous value was revised from 1.85 million to 1.843 million.

The three exchanges jointly expressed their support for Aptos today. MEXC Ventures, Foresight Ventures, and Mirana Ventures announced the joint launch of a fund to support projects launched in the Aptos ecosystem. The fund will target projects built on the Aptos platform by providing resources to develop key Web3 use cases that leverage Aptos infrastructure. — link

Drift Labs announced the completion of a $25 million Series B financing round led by Multicoin, with participation from Blockchain Capital, Primitive Ventures, and Folius. This financing will help Drift expand its product suite on the Solana, including spot trading, derivatives trading, and prediction markets. — link

South Korea's largest crypto exchange Upbit will launch MEW Bitcoin and USDT markets. Cat-in-a-Dogs World (MEW) is a meme coin launched on the Solana network in March 2024. — link