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U.S. President Trump: Will Soon Occupy Majority of Seats on Federal Reserve

7 hours ago

On August 27th, U.S. President Trump said, "I have a person in mind to take the place of Fed Chair Powell. We will soon obtain the majority at the Fed. We might transfer Milan to another more long-term Fed position." (FXStreet)
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0G Labs Launches Kaito AI Earn, Officially Kicking Off Reward Program

August 27th. According to official channels, 0G Labs announced that its Kaito Reward Program has officially commenced on the KaitoAI Earn platform. The purpose of this program is to reward long-term active community members (Yappers) and attract more users to gain an understanding of decentralized AI and the 0G ecosystem. The reward allocation is as follows: · 85%: It is a retrospective reward and will be distributed to active 0G Yappers in the past 6 months. · 15%: It will be distributed to the top 888 Yappers ranked in terms of activity from August 26th to September 5th who participate in the "YAP TO DEFY GRAVITY" event.

8 minutes ago

Justin Sun: Purchasing the "Presidential Coin" does not involve bribery. On the eve of Trump's election victory, individuals associated with it contacted me seeking guidance on cryptocurrency policy.

August 27th, Justin Sun recently stated in an interview with the LatePost team that, "On the eve of the 2024 U.S. presidential election, associates of the Trump Group actively got in touch with me. They said that if Trump is elected President of the United States, he will adopt a very friendly cryptocurrency policy. They hoped to seek consultation and relevant policy guidance. The Trump Group and enterprises are also very eager to seek development in the field of cryptocurrency. Therefore, I am very excited and grateful for President Trump's friendly attitude towards cryptocurrency, and thus I offer full support to Trump's cryptocurrency ventures." "I support and have made significant investments in the cryptocurrency issued by Trump. This is not bribery or influence peddling. It is a straightforward industrial support. The public purchase and declaration are subject to scrutiny and are fully open and transparent throughout the process."

8 minutes ago

Justin Sun: Has Not Yet Met the Right Business Partner or Life Partner

On August 27th, Justin Sun recently stated in an interview with the LatePost team that he has not yet come across a suitable business partner or life partner. He remarked, "It would be splendid to have such a person at the appropriate time. Currently, the individuals who love me the most are my parents." Regarding Justin Sun's company, there is no true "second in command." All departments report directly to Justin Sun alone. He brought up, "This is typical. Many companies do not have a second in command. I believe leaders like Musk also do not have a second in command."

8 minutes ago

A Whale Withdraws Another 10,000 ETH from Kraken, Worth $45.6 Million

On August 27th, as per the monitoring of OnchainLens, a whale withdrew 10,000 ETH from Kraken, with a value of $45.6 million. Previously, this whale address had made a withdrawal of 10,000 ETH from Kraken on August 24th. Currently, the whale holds a total of 20,000 ETH. Address: 0x3f0D4d2A42dd577CA0F604Dc330335a50179ab794.

8 minutes ago

Rex is applying for a BNB staking ETF, based on the "40 Act."

On August 27th, as per Bloomberg's Senior ETF Analyst Eric Balchunas, Rex is in the process of seeking approval for a BNB Staking ETF in accordance with the Investment Company Act of 1940. This is similar to the 'REX-Osprey SOL Active ETF (SSK)'.

8 minutes ago

Google Cloud is launching L1 Network GCUL, which is currently in the private testnet phase.

On August 27th, Rich Widmann, Google's Web3 Strategy Lead, wrote that the recent discussions about Layer 1 blockchains have brought Google's own Layer 1 - known as the Google Cloud Universal Ledger (GCUL) - into the spotlight. As a product lead in the crypto space, you are aware that to build a Layer 1, it must have differentiation. GCUL combines Google's years of research and development and is currently in the private testnet stage, providing a new Layer 1 for financial institutions: it is high-performance, trust-neutral, and supports Python-based smart contracts. In addition to utilizing Google's distribution capabilities, GCUL is also a neutral infrastructure layer. Tether will not use Circle's blockchain, and Adyen is also unlikely to use Stripe's blockchain. However, any financial institution can build on GCUL. Stay tuned for more technical details in the coming months!

8 minutes ago