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QCP Market Update-0903
QCP Market Update-0903

QCP Capital·2024/09/03 14:12
Bitfarms mines 233 BTC in August as Riot pens open letter in takeover saga
Bitfarms mines 233 BTC in August as Riot pens open letter in takeover saga

Bitcoin miner Bitfarms reported mining 233 BTC in August and increased its holdings to 1,103 BTC.Meanwhile, rival Riot penned an open letter to Bitfarms’ shareholders as its attempted takeover of the firm heads toward a crucial special meeting.

The Block·2024/09/03 14:10
Fed rate decision may briefly boost bitcoin, but recession fears could lead to correction: analysts
Fed rate decision may briefly boost bitcoin, but recession fears could lead to correction: analysts

Analysts expect bitcoin to experience a brief boost following the Fed’s mid-September rate decision but anticipate a subsequent price correction as recession fears escalate.

The Block·2024/09/03 11:06
Flash
  • 02:47
    An address followed the Letsbonk.Fun founder's wallet, earning 767 SOL within 3 hours
    Odaily report: According to the on-chain analysis platform @lookonchain, a trader profited 767 SOL (approximately $112,000) by following the Letsbonk.Fun founder's wallet operations within 3 hours. The trader spent 50 SOL (about $7,395) to purchase 270 billion Grassito tokens in the same block as @SolportTom and then sold them all, cashing out 817 SOL (approximately $119,500).
  • 02:47
    Bitlayer Announces Integration of BitVM Bridge with Monad Testnet, Unlocking New Experiences for BitVM Products
    According to Odaily news, on April 29, the project Bitlayer, which implements BitVM technology based on the Bitcoin ecosystem, announced that the BitVM Bridge has been integrated into the Monad Testnet. This allows users to experience cross-ecosystem BTC bridging with minimized trust. Monad is an emerging high-performance Layer 1 network, with total active users exceeding 9.8 million and over 69 million independent wallets. After this integration, Monad's vast number of ecosystem users will have the opportunity to directly experience the first application based on BitVM, the BitVM Bridge. This will enable the bridging of vBTC from the BitVM Bridge Testnet (BitVMNet) to the Monad Testnet, minting the corresponding YBTC, and exploring the financial yield potential of YBTC within the Monad ecosystem. Meanwhile, BitVM Bridge now supports bridging YBTC back to BitVMNet, and users are welcome to log in and experience it.
  • 02:47
    Future Focus of the Ethereum Foundation: Mainnet Expansion, Blobs Expansion, and Improving User Experience
    According to ChainCatcher, in an official announcement, the newly appointed Co-Executive Directors, Hsiao-Wei Wang and Tomasz StańCzak, have disclosed their development priorities for the upcoming year for the first time. The statement indicates that the Ethereum Foundation will focus on three main areas: mainnet expansion, expansion of blobs, and improving user experience (including layer 2 network interoperability and application layers). The Foundation will continue to uphold its four core values: censorship resistance, open-source innovation, privacy protection, and security. The two Executive Directors expressed their commitment to enhancing internal operations, improving developer and user experience, refining ecosystem coordination, and maintaining Ethereum as a decentralized public good. Furthermore, the Foundation will strengthen its collaboration with layer 2 networks to achieve ecosystem synergy through optimized architectural design and interoperability.  
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