04:02 2025-03-23
The Federal Reserve has lost $77.60 billion for the second consecutive yearOn March 21 local time, the Federal Reserve released an audited financial report showing that the Federal Reserve's annual operating loss in 2024 reached 77.60 billion US dollars (about 560 billion yuan), marking the second consecutive year of huge losses. Analysts believe that the main reason for the Federal Reserve's huge losses is the violent interest rate hikes from 2022 to 2023. When the Federal Reserve can return to profitability depends on its subsequent interest rate cut path. The New Yo...
03:50 2025-03-23
NFT game project Game of Silks may face a class action lawsuit, and law firm Rosen Law plans to file a court motion next monthRosen Law Firm announced that it will file a class action lawsuit on behalf of Game of Silks NFT purchasers, an NFT-powered fantasy horse racing game project that completed a $5 million financing in 2023 (the total financing amount exceeded $10 million), but the project never filed a registration statement with the SEC, so its NFT may violate the Securities Act and be suspected of material misrepresentation. It is reported that Rosen Law Firm revealed that the lead plaintiff plans to file a moti...
02:55 2025-03-23
"2 million AUCTION from Binance Giant Whale/Agency" 300,000 AUCTION to Binance againAccording to on-chain analyst Ember, "2 million AUCTION whales/institutions from Binance" have transferred 300,000 AUCTION into Binance in the past 15 minutes, worth about $8.56 million.
Today they have transferred 1.05 million AUCTION (worth about $37.81 million) to Binance, and only 450,000 AUCTION (worth about $1284) is held by the address on the chain.
02:52 2025-03-23
Department of Justice recovers $7 million stolen from a cryptocurrency scam, urges victims to apply for collectionThe Department of Justice (DOJ) announced on March 21 that $7 million in proceeds from a cryptocurrency investment fraud scheme had been recovered, and has now begun inviting victims to submit petitions to repatriate their funds. "These fraudulent websites mimic legitimate cryptocurrency investment platforms, but wire victims' funds to perpetrators through more than 75 bank accounts opened in the name of shelf companies," authorities said. Victims were misled...
02:52 2025-03-23
VanEck: 30% Chance of US Government Buying Bitcoin in 2025Matthew Sigel, Chief Research Officer of VanEck Digital Assets, wrote on the X platform that Bloomberg legal analysts see a 30% chance of the federal government buying bitcoin this year. He believes Trump will not invest political capital in legislation because he can achieve it unilaterally through an Exchange Stabilization Fund (ESF) if he wishes.
02:03 2025-03-23
Protesters gather outside Tesla showrooms and dealerships to denounce Musk and DOGEAccording to NBC News, hundreds of protesters gathered outside the Tesla showroom in Manhattan's Mitt Parkin district today as part of the "Down with Tesla" movement. For weeks, groups including Action Network, People Over Profits, and the Disruption Project have organized protests to denounce Tesla CEO Elon Musk and his involvement with the federal government. In addition to peaceful protests across the country, at least 80 reports of Tesla vehicles being vandalized or set on fire have recently...
00:41 2025-03-23
NFT trading volume fell 3.19% month-on-month to $102 million in the past 7 daysAccording to CryptoSlam data, NFT transactions fell to $102 million this week, down 3.19% from the previous week. The number of NFT buyers increased by 71% to 350,063; the number of NFT sellers increased by 68.57% to 225,465; and the number of NFT transactions increased by 16.90% to 1,696,996.
NFT transactions on the Ethereum network fell 13.03% to $27.70 million, but the number of buyers increased by 42.17% to 44,850. Bitcoin network transactions decreased 30.69% to $16.3 million, and the numbe...