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Inversion Capital Completes $26.5M Seed Round Funding, Led by Dragonfly Capital

1 days ago

September 8th. Inversion Capital, a private equity firm concentrating on blockchain, declared the accomplishment of a $26.5 million seed round of financing. Dragonfly Capital took the lead in this round, and it was participated in by VanEck, Lightspeed Faction, ParaFi Capital, Portal Ventures, Mirana Ventures, Metalayer Ventures, Volt Capital, HashKey Capital, Race Capital, Balaji Srinivasan, Wintermute Ventures, Moonrock Capital, Breed VC, Topology, Casey K. Caruso, Bodhi Ventures, Lvna Capital, Escape Velocity, Folius Ventures, Comfy Capital, as well as individuals and institutions like Mike Dudas, Bryan Pellegrino, Jason Yanowitz, Andrew Steinwold, DCF God, Joshua Lim, and so on.
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The US Bureau of Labor Statistics currently has one-third of its senior positions vacant

September 9th. Based on the website of the U.S. Bureau of Labor Statistics, the agency in charge of generating crucial U.S. employment and inflation data has one-third of its senior positions vacant. Although an acting head has been appointed, a series of other leadership positions that are responsible for overseeing different aspects of employment statistics and field operations at the regional level remain unfilled. According to sources with knowledge of the matter, many employees who have served at the agency for decades have accepted the offer of delayed resignation from the Trump administration in recent months. The dismissal of the agency's head by U.S. President Trump last month has presented a challenge to the agency, which has approximately 2,000 career employees. Due to a federal hiring freeze that will persist until October 15th, it is currently uncertain whether the lower-level positions responsible for data collection and analysis can be filled promptly. (Jin10)

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USDT0 is now available on X Layer and OKX Wallet

On September 9th, according to official information, Tether has initiated the cross-chain stablecoin USDT0, and it is now accessible on X Layer and OKX Wallet.

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U.S. Employment Data "Squeeze" Increases Fed Rate Cut Pressure

September 9th. Based on the preliminary results of the annual benchmark revision made public by the U.S. government on Tuesday, it is expected that the U.S. non-farm payrolls will be revised down by 911,000 over the 12 months ending in March of this year. This amounts to an average monthly reduction of nearly 76,000. The final data will be announced in early next year. Before this report, the government's non-seasonally adjusted employment data showed that employers added nearly 1.8 million jobs in the 12 months ending in March, with an average increase of 149,000 per month. The adjustment by the Bureau of Labor Statistics (BLS) indicates that the recent softening in the labor market occurred after a period of more moderate job growth, laying the groundwork for a series of rate cuts starting next week. Federal Reserve Chairman Powell recently recognized that the risks to the job market have increased. Two of his colleagues are inclined to lower borrowing costs in July. Traders genera

1 minutes ago

Cboe is planning to launch continuous futures contracts for BTC and ETH on November 10th.

September 9th: As per market sources, Cboe intends to commence Bitcoin and Ethereum perpetual futures contracts on November 10th, with a tenure of 10 years. It will also introduce a funding rate mechanism similar to that of perpetual contracts. Note: Continuous futures are a particular manifestation of a futures contract employed to continuously monitor the price fluctuations of an underlying asset, rather than the price of a contract for a single delivery month.

1 minutes ago

US Nonfarm Payrolls Benchmark Revision for 2025 Initial Value: -911K, Expected: -700K

On September 9th, the preliminary value of the US August 2025 Nonfarm Payrolls Benchmark Revision is -911K, with an expected value of -700K. (Forex Factory)

1 minutes ago

US Stock Exchange-listed Company QMMM Plans to Establish a Diversified Cryptocurrency Treasury, with an Initial Size of $100 Million

On September 9th, according to globenewswire, the U.S. listed company QMMM Holdings Ltd. (with the Nasdaq code: QMMM) announced a strategic entry into the cryptocurrency field. This expansion will integrate artificial intelligence with blockchain technology to create the next-generation cryptocurrency analysis tools and a crypto-native ecosystem. QMMM intends to establish a diversified cryptocurrency treasury, with an initial focus on investing in Bitcoin, Ethereum, and Solana (SOL). The treasury is expected to have an initial scale of $100 million, aiming to provide a foundation for stability and transparency.

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