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Sui ends January with new ATH and soaring DeFi metrics
Sui ends January with new ATH and soaring DeFi metrics

Sui is eyeing further growth with the development of "internet-less" blockchain network transactions.

Crypto Slate·2024/01/31 16:24
Ripple co-founder reports unauthorized access to some personal XRP accounts
Ripple co-founder reports unauthorized access to some personal XRP accounts

Quick Take: Ripple co-founder Chris Larsen said Wednesday that there had been “unauthorized access” to “a few of my personal XRP accounts.” His comments followed a post on X from crypto sleuth ZachXBT, who said that it appeared Ripple “was hacked” for about 213 million XRP worth $112.5 million.

The Block·2024/01/31 15:28
Jupiter token to begin trading on exchanges today
Jupiter token to begin trading on exchanges today

Jupiter’s native token will launch today with subsequent trading on centralized exchanges.1.35 billion Jupiter tokens will be in circulation at launch, which accounts for 13.5% of the 10 billion total supply.Jupiter will also open its retrospective airdrop for early users.

The Block·2024/01/31 13:10
Ether options trading volume hits all-time high as price sits around $2,300
Ether options trading volume hits all-time high as price sits around $2,300

Ether options trading volume for the month of January is at an all-time high, according to data from The Block.There is a notable concentration of call options for ether with a strike price of $2,500 for the Feb. 23 expiry on Deribit.

The Block·2024/01/31 12:01
Flash
09:06
SK Hynix Plans to Launch Trillion-Won Ultra-Large-Scale Shareholder Return Plan, with Choi Tae-won Personally Wagering
BlockBeats News, June 16th, according to a exclusive report by The Korea Economic Daily, SK Hynix plans to launch a mega-scale shareholder return policy of up to 100 trillion Korean won in the fourth quarter of this year. The specific measures include stock buybacks and cash dividends. This move is seen by the outside world as a major strategic bet by SK Group Chairman Choi Tae-won, aiming to enhance the company's position and valuation in the global capital market. According to investment bank and semiconductor industry sources, SK Hynix's stock buyback this time will account for just over 2% of outstanding shares and will officially begin after completing its American Depositary Receipt (ADR) listing. The ADR listing is expected to be completed in mid-next month. This mega-scale shareholder return plan is designed to dispel concerns from the outside world about potential dilution of existing shareholder value from the ADR listing, while further solidifying SK Hynix's market image as a top global semiconductor company.
08:56
Data: USDC Treasury newly minted 250 million USDC on Solana
ChainCatcher news, according to Whale monitoring, at 16:49 East 8th District time, USDC Treasury minted an additional 250 million USDC on the Solana chain.
08:55
Economist: Powell's Favorite Unconventional Inflation Gauge "Unreliable," Hopes for Challenge
BlockBeats News, June 16th, Federal Reserve Chairman Powell once expressed a preference for adopting another inflation measure standard - the "trimmed mean PCE inflation," which excludes extreme values before calculating the weighted average. Boston College economics professor Brian Bethune stated that currently, the trimmed mean PCE is not the most reliable indicator. In short, when the inflation shock behaves similarly to the period of 2009-2019 (i.e., before the 2020 COVID-19 crisis), this indicator works best because there was a better balance between positive and negative shocks at that time. However, when price shocks mainly come from positive factors such as supply disruptions, tariffs, surging oil prices, or significant special sports events (like the World Cup), this indicator will underestimate inflation. "Therefore, it is hoped that someone can challenge him on this," Bethune said. But regardless of which indicator is referenced, U.S. inflation remains above the Fed's 2% target - has been so since the spring of 2021.
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