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Reflect Money has completed a $3.75 million seed funding round, with a16z CSX leading the investment.

15 hours ago

September 3rd. The Reflect Money stablecoin project announced the accomplishment of a seed round financing amounting to $3.75 million. This round was led by the CSX Accelerator of a16z crypto, and it saw the participation of Solana Ventures, Equilibrium, BigBrain Holdings, and Colosseum. The Reflect protocol tokenizes on-chain DeFi strategies. It converts the deposited USDC into interest-bearing "USDC+" while maintaining liquidity. Reflect is scheduled to launch its mainnet in early September, with initial support provided for USDC on Solana.
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Binance Alpha's new airdrop BOOST will go live on September 5th

On September 3rd, Binance Alpha will take the lead in listing Boost (BOOST) on September 5th. After trading begins, eligible users can use Binance Alpha Points to claim the airdrop on the Alpha event page. More details will be made public shortly.

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The Federal Reserve will host a "Payment Innovation" conference next month to discuss stablecoins, artificial intelligence, and tokenization

On September 3rd, the Federal Reserve will hold a "Payment Innovation" conference on October 21st. The conference topics will encompass: stablecoins, artificial intelligence, and tokenization.

20 minutes ago

Coinbase Global Site Increases Perpetual Contract Leverage Limit to a maximum of 50x

On September 3rd, Coinbase International made an announcement regarding the adjustment of the perpetual contract leverage limit. It now allows for a leverage of up to 50x. This feature is accessible to Coinbase Advanced retail and institutional users via the Coinbase International Exchange. Perpetual contracts can only be used in compliant jurisdictions outside the United States.

20 minutes ago

American Bitcoin Second-Trigger Circuit Breaker, Gain Narrows to 40.58%

September 3rd: Following three consecutive limit-up movements, the mining firm American Bitcoin backed by the Trump family witnessed a pullback. It has now triggered its second circuit breaker, and the gain has narrowed to 40.58%. Currently trading at $9.7, the market value has decreased to $161 million.

20 minutes ago

Trump Jr.: The mission of American Bitcoin is to build the largest Bitcoin reserve in the United States

On September 3rd, Donald Trump Jr., the son of former President Donald Trump, expressed his pride in seeing American Bitcoin being listed. This has placed the United States at the forefront of the crypto space. The mission of American Bitcoin is to establish the largest Bitcoin reserve in the United States. When shareholders succeed, America succeeds. It is a new era for Bitcoin in America, and it begins now.

20 minutes ago

American Bitcoin experiences a pullback triggering a circuit breaker, with the price increase narrowing to 63.48%.

September 3rd: After going through three consecutive daily limit-up movements, the mining company American Bitcoin backed by the Trump family has now entered a retracement stage. A circuit breaker has been triggered, and the increase in price has narrowed to 63.48%. Currently trading at $11.28, the market capitalization has dropped to $187 million.

20 minutes ago