ZK Nation announced in a post on the X platform that the voting period for ZIP-6 is scheduled to end at 18:15 UTC on February 27 due to the current voting quorum. It is reported that the proposal will upgrade the governance contract and redeploy all governance contracts, including those related to the ZKSYNC protocol upgrade mechanism, namely the protocol UpgradeHandler, which is responsible for executing the protocol upgrade of Ethereum approved by the Token Assembly.
According to a VanEck report cited by Cryptoslate, bitcoin miners are accelerating their transformation into artificial intelligence (AI) and high-performance computing (HPC) businesses due to volatile transaction fee revenues. The report notes that while network congestion can lead to short-term fee increases, the rise of off-chain solutions such as exchange-traded funds (ETFs), futures markets, two-layer networks, and centralized exchanges has created uncertainty about long-term on-chain reven...
Strategists at Citigroup say the current 4.5 per cent rise in US stocks this year may already be the best short-term outcome because of the risks posed by Mr. Trump's policy proposals. The team, led by Scott Chronert, said investors were betting that Mr. Trump's "America First" policies would have a "pro-business" impact. "We...
Barron's reports that the Federal Reserve has signaled that it is in no hurry to cut interest rates further as inflation continues to rise. Investors will look to the Fed's meeting notes for clues as to how long interest rates can remain at current levels. President Trump's new fiscal policies, namely deregulation, tax cuts, and potential stimulus measures, could boost economic growth, further reducing the need for continued rate cuts. In addition, tariffs and immigration policies could both exa...
According to Lookonchain, a trader lost more than $100,000 in three hours on Barstool founder Rug Greed tokens. It spent 911 SOL ($153,000) on Greed, but sold it for 309 SOL ($52,000), losing 602 SOL ($101,000).
Argentina's president, Javier Milei, is facing impeachment threats for backing a cryptocurrency called LIBRA, which was purportedly designed to support small businesses but actually crashed and lost billions of dollars in value within hours. In an X post published late Friday (now deleted), Millay promoted LIBRA as a privately run project to raise funds for small and medium-sized companies in Argentina, adding that he would not personally benefit from the project.
According to data disclosed by IntoTheBlock on the X platform, due to the recent increase in gas restrictions on Ethereum, the regular processing fee for network transactions is now below 1 gigwei, which is also the lowest fee for the Ethereum network in recent years.
In the week to February 14, Chinese lithium carbonate prices fell on expectations of increased supply. One Chinese trader remains optimistic about the market outlook.
According to BNB Chain's official X platform, the block browser BSCScan is currently under maintenance due to the surge in BROCCOLI token transactions. BNB Chain recommends that users can temporarily use BSCTrace as an alternative tool to query transaction data. BSCTrace provides the same data service as BSCScan, which can reduce user waiting time.
According to zkLend's official announcement, since the hackers did not get in touch with the project party before the deadline, the zkLend team has submitted an incident report to the Hong Kong police, FBI, and Department of Homeland Security and launched an investigation. Investigations have linked the hack to previous attacks on other DeFi protocols. The project has monitored the flow of funds and identified multiple relevant wallet addresses, and the relevant information has been submitted to...
"Federal Reserve Speaker" Nick Timiraos: Due to the weak performance of the PPI components that make up the PCE index (financial and medical services sub-items) in January, the monthly rate of the core PCE index in the United States in January is expected to be much lower than the sharp increase in the monthly rate of CPI yesterday. A month-on-month increase of 0.27% in the core PCE in January would reduce the annual rate of the core PCE from 2.8% to 2.6%.
On February 13, according to Bloomberg, several industry executives said that due to the increased scrutiny of the US Customs and Border Protection, Bitmain Technology Co., Ltd. has recently experienced delays in shipping machines to US customers. This...
Bitcoin has been trading below the key $100,000 level since February 4 as fears of a global trade war weighed on investor sentiment following the announcement of new import tariffs by the US and China. Despite the temporary downturn in the market, according to Cathie Wood, CEO and Chief Investment Officer of ARK Invest, the odds of Bitcoin breaking through $1.50 million per coin have increased.
Mr. Powell will be grilled on multiple fronts as investors look for clues about monetary policy at the hearing, which has received "excessive attention" from Mr. Trump.