According to Bloomberg, U.S. Vice President Harris spoke at a recent Wall Street fundraiser, saying she would "encourage innovative technologies such as artificial intelligence and digital assets while protecting consumers and investors." She said: "In order to build an opportunity economy, we will be committed to bringing together workers, small businesses, founders, innovators and large companies. We will work together to invest in America's competitiveness and invest in America's future. We will encourage innovative technologies such as artificial intelligence and digital assets while protecting consumers and investors. We will create a safe business environment with consistent and transparent rules." Organizers said this Manhattan fundraiser is Harris' last chance to speak in person in New York before the November election. Reuters previously reported that the Harris campaign plans to announce new economic policies this week aimed at helping Americans accumulate wealth and creating economic incentives for businesses.
Trump says he will not run again if he loses 2024 US presidential election
Republican presidential candidate and former President Trump said on the 22nd that if he loses the presidential election in November this year, he does not think he will run again in the 2028 presidential election. Trump was born in 1946 and is now 78 years old. He will be 82 years old in the 2028 US presidential election. Before the current US President Biden announced his withdrawal from the 2024 US presidential election, Trump often used the age issue to attack Biden, who is now 81 years old.
JJ Lin posted a photo with Ethereum co-founder Vitalik Buterin on social media
JJ Lin posted a photo with Ethereum co-founder Vitalik Buterin on the X platform and said: “It’s great to be working with Vitalik Buterin and the Ethereum Foundation in Singapore.”
According to Decrypt, the Telegram ecosystem game Hamster Kombat said in its latest tweet that players cannot claim all HMSTR token allocations on the first day. Instead, they can claim 88.75% of the allocation, and the remaining 11.25% of the tokens must wait 10 months to claim - probably in July 2025. The Hamster Kombat team also revealed that of the 300 million players who have played Telegram games so far, only about 129 million were ultimately eligible. The team said that initially a total of 131 million players were eligible, and then about 2.3 million users were "banned for cheating." Of the total 100 billion HMSTR tokens, 60 billion will be issued in this airdrop, and another 15 billion tokens will be reserved for the upcoming season 2 of the game. Earlier news, Hamster Kombat will conduct a TGE event on September 26.
Coinbase Chief Legal Officer Responds to Concerns About cbBTC Terms of Service
According to Cointelegraph, Paul Grewal, Chief Legal Officer of Coinbase, responded to the recent FUD surrounding the user terms of service of cbBTC, Coinbase's new "Bitcoin wrapper" product, by confirming that Coinbase will fully compensate customers if the exchange loses the underlying Bitcoin. This clarification was made after someone pointed out a worrying clause in the cbBTC user agreement, which claimed that if Bitcoin is lost due to malicious activity or unforeseen events, Coinbase will not fully compensate customers, but will distribute it to customers in proportion to the remaining Bitcoin. Paul Grewal confirmed in the statement that the policy limits the exchange's liability for external losses arising from complex transactions and leveraged positions that customers may enter. For example, if a trader uses cbBTC as collateral on a lending platform and is liquidated due to malicious activity that causes the loss of underlying Bitcoin, Coinbase will fully compensate for the lost Bitcoin, but will not compensate for any fees or monetary losses incurred due to the loan liquidation itself.
Crypto VCs have raised $2.2 billion in new capital this year
According to The Block, PitchBook data shows that as of August this year, crypto venture capital firms have raised more than $2.2 billion in new capital through closed-end funds. In the past few weeks alone, at least six venture capital firms have raised more than $500 million in total, including ParaFi Capital's $120 million fund, Borderless Capital's $100 million fund, Hack VC's $77 million fund, and Robot Ventures' $75 million fund. In addition, several funds are actively seeking new capital this year. According to Bloomberg, Dragonfly Capital is seeking to raise $500 million for its new fund, and half of the funds have been raised. Many funds target early-stage startups, indicating that venture capital remains optimistic about the potential of new innovations.
Silvergate executive: 'Sudden regulatory shift' could lead to bank closures in early 2023
According to The Block, an executive of Silvergate Capital, the parent company of crypto-friendly bank Silvergate, said that despite the shrinking cryptocurrency industry and rising interest rates, the bank has stabilized, is able to meet regulatory capital requirements, and has the ability to continue to serve customers with deposits in its banking division. However, in early 2023, institutions including the Federal Reserve, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) "suddenly changed regulatory policies" and made it clear that at least in the first quarter of 2023, these institutions would no longer tolerate banks with a large number of digital asset customers, ultimately preventing Silvergate Bank from continuing its digital asset-focused business model. According to previous news, Silvergate Capital has filed for Chapter 11 bankruptcy protection with the Delaware Bankruptcy Court in the United States. The bankruptcy application shows that the company has assets between $100 million and $500 million and liabilities between $10 million and $50 million. In March 2023, Silvergate Capital announced that it would voluntarily liquidate its subsidiary Silvergate Bank, citing challenges in the banking industry due to rising interest rates and regulatory scrutiny after the bankruptcy of the crypto exchage FTX in November 2022.
Token Unlocks data shows that next week, VENOM, YGG, AGIX, ENA and other tokens are expected to usher in large amounts of unlocking, including:
Venom (VENOM) will unlock approximately 235 million tokens at 4:00 pm Beijing time on September 25, accounting for 12.66% of the current circulation, with a value of approximately US$26.1 million;
Yield Guild Games (YGG) will unlock approximately 14.08 million tokens at 10:00 pm Beijing time on September 27, accounting for 3.65% of the current circulation, with a value of approximately US$6.4 million;
SingularityNET (AGIX) will unlock approximately 8.19 million tokens at 8:00 a.m. Beijing time on September 28, accounting for 1.63% of the current circulation, with a value of approximately US$5.8 million;
Ethena (ENA) will unlock about 8.19 million tokens at 3:00 pm Beijing time on September 29, accounting for 0.78% of the current circulation, worth about $3.9 million;
Galxe (GAL) will unlock about 416,000 tokens at 8:00 am Beijing time on September 24, accounting for 0.33% of the current circulation, with a value of about US$980,000;
Acala (ACA) will unlock approximately 4.66 million tokens at 8:00 a.m. Beijing time on September 25, accounting for 0.43% of the current circulation, with a value of approximately US$300,000;
Tornado Cash (TORN) will unlock approximately 91,600 tokens at 11:30 a.m. Beijing time on September 28, accounting for 2.41% of the current circulation, with a value of approximately $240,000.
Euler (EUL) will unlock approximately 42,000 tokens at 8:47 am Beijing time on September 27, accounting for 0.23% of the current circulation and worth approximately US$190,000.
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