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A coalition of major players in the Solana ecosystem, including Jito Labs, VanEck, Bitwise, the Solana Foundation-backed Policy Institute, and Multicoin Capital, has formally appealed to the U.S. Securities and Exchange Commission (SEC) to permit liquid staking for Solana-based exchange-traded products (ETPs).
Nathaniel “Nate” Chastain, the former product manager at OpenSea, the world’s largest NFT marketplace, has been cleared on appeal in a high-profile insider trading case involving non-fungible tokens (NFTs).
Visa is intensifying its efforts to enhance global blockchain payments by supporting more stablecoins across new digital assets and blockchains. This expansion aims to unlock greater scalability and efficiency in cross-border transactions, marking a significant step in the integration of traditional finance with blockchain technology.
- 22:17There is a 94.3% probability that the Federal Reserve will cut interest rates by 25 basis points in SeptemberAccording to CME "FedWatch" reported by Jinse Finance: the probability that the Federal Reserve will keep rates unchanged in September is 0%, the probability of a 25 basis point rate cut is 94.3%, and the probability of a 50 basis point rate cut is 5.7%. For October, the probability of keeping rates unchanged is 0%, the cumulative probability of a 25 basis point rate cut is 31.8%, the cumulative probability of a 50 basis point rate cut is 64.4%, and the cumulative probability of a 75 basis point rate cut is 3.8%.
- 21:02Goldman Sachs Expects the Federal Reserve to Cut Rates by 25 Basis Points Each in September, October, and December, for a Total of Three Cuts This YearAccording to a report by Jinse Finance, Goldman Sachs Macro Research expects the Federal Reserve to cut interest rates by 25 basis points each in September, October, and December this year, for a total of three rate cuts.
- 20:43Google Play Store Requires Crypto Wallet Apps to Obtain Government ApprovalAccording to Jinse Finance, the Google Play Store has implemented a new policy requiring cryptocurrency wallet developers to obtain government approval before releasing their apps in 15 jurisdictions, including the United States, the United Kingdom, and the European Union. This policy applies to both cryptocurrency exchanges and software wallets, regardless of whether the provider holds customer funds.