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Share link:In this post: The World Gold Council will trial pooled gold interests (PGIs) in London’s $900 billion market. The move aims to transform gold from a static store of value into an income-generating asset. Supporters see digitization as a way for gold to compete with cryptocurrencies and stablecoins.
Share link:In this post: Venus Protocol fully restored services and recovered $27 million after halting withdrawals and liquidations due to a phishing-related exploit. The community approved an emergency plan, allowing staged recovery, security checks, and the resumption of operations within 24 hours. Experts warn that phishing scams remain a top DeFi threat, exploiting user trust through fake websites during events like airdrops and token launches.
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Quick Take Summary is AI generated, newsroom reviewed. BitMine now owns 1,866,974 ETH, worth over $8 billion. The company added 150,000 ETH in just one week, showing aggressive growth. BitMine has $635 million in cash ready for future Ethereum purchases. Institutional and retail investors are watching closely as BitMine stakes and expands its holdings.
BONK announced the signing of a $25 million strategic partnership agreement with NASDAQ-listed company Safety Shot. Under this agreement, Safety Shot plans to purchase approximately $115 million worth of tokens by the end of the year, accounting for about 5% of BONK's total supply.
- Institutional investors adopt liquid restaking protocols to optimize crypto yields while enhancing blockchain security through EigenLayer and Babylon. - Ethereum's liquid staking TVL reached $24 billion by August 2025, with platforms like Lido managing $43.7 billion in assets and generating 3-6% staking yields. - SEC's 2025 regulatory clarity and the CLARITY/GENIUS Acts enabled $3 billion in institutional allocations to Ethereum staking, accelerating DeFi adoption. - Risks include liquidity vulnerabiliti
- Technical analysis of Fetch.ai (FET) highlights Bearish Butterfly and Cypher patterns, suggesting a potential 2025 rebound to $0.96–$1.06 via Fibonacci extensions and moving average confluence. - Key support levels at $0.661 (Butterfly C-point) and $0.5783 (Cypher C-point) must hold, with 200DMA ($0.679) acting as a critical dynamic threshold for bullish validation. - On-chain data shows growing institutional confidence (whale accumulation, 2.97% open interest rise), though short-term volatility risks pe
- Pump.fun's Project Ascend introduces dynamic fees and community governance, offering a sustainable alternative to speculative meme coins. - Leveraging Solana's infrastructure and strategic partnerships, Pump.fun dominates 84.1% of Solana's memecoin market share. - The platform's fee-driven model includes buybacks, boosting PUMP's price and liquidity, contrasting with traditional meme coins' lack of structure. - Proactive governance and institutional support position Pump.fun as a resilient, high-convicti
- 14:04The three major U.S. stock indexes opened higher, and cryptocurrency concept stocks rose across the board.BlockBeats News, on September 3, at the opening of the US stock market, the Dow Jones fell by 0.06%, the S&P 500 index rose by 0.4%, and the Nasdaq rose by 0.8%. In terms of cryptocurrency-related stocks: a certain exchange rose by 0.86%, MSTR rose by 0.70%, HOOD rose by 0.02%, SBET rose by 1.70%, and BMNR rose by 2.20%.
- 14:04Federal Reserve official Musalem is skeptical about a possible rate cut in SeptemberBlockBeats News, on September 3, Federal Reserve's Musalem stated that the Fed's recent stance of keeping interest rates high is consistent with recent inflation being above target and a robust job market. He expressed skepticism about the possibility of a rate cut at the Fed's September meeting. After Fed Chair Powell opened the door to rate cuts in a speech last month, a rate cut is now seen as the Fed's default option. Musalem acknowledged the slowdown in job growth, but said that the job market still appears solid due to a moderate unemployment rate and low initial jobless claims. He believes that, on the other hand, there is still considerable uncertainty regarding inflation, especially considering the pressure from tariffs. Nevertheless, traders still generally expect that the majority of Fed members will support a 25 basis point rate cut in September, with a probability of 90%. (Golden Ten Data)
- 14:04Bitget to list TRADOOR spot tradingBlockBeats News, September 3, according to the official announcement, Bitget will launch Tradoor (TRADOOR) spot trading in the Innovation Zone. The deposit channel is now open, and the trading channel will open at 22:00 (UTC+8) on September 4.