Golden Morning Post | The founder of MakerDAO converted 620,000 DAI to MKR

Headline

▌ MakerDAO founder converted 620,000 DAI to MKR 5 hours ago

Spot On Chain monitoring shows that MakerDAO founder Rune converted 620,000 DAI to MKR five hours ago. He received 5 million DAI from the Maker Dao Lock wallet; exchanged 2 million DAI for 2 million USDC, 620,000 DAI for MKR, and Rune holds 2.3 million DAI, so he may exchange More DAI swapped for MKR. The last similar operation was a month and a half ago when he exchanged 20 ETH for MKR.

Quotes

As of press time, according to coinmarketcap data:

The latest transaction price of BTC is 30234.4 US dollars, with an intraday increase and decrease of **-**0.49%;

The latest transaction price of ETH is 1922.2 US dollars, with an intraday increase and decrease of **-**0.77%;

The latest transaction price of BNB is 242.85 US dollars, with an intraday increase and decrease of **-**2.39%;

The latest transaction price of XRP is US$0.7474, with an intraday change of -3.02%;

The latest transaction price of DOGE is US$0.069, with an intraday increase or decrease of -2**.29**%;

The latest transaction price of ADA is US$0.3147, with an intraday increase or decrease of -2**.06**%;

The latest transaction price of SOL is 27.365 US dollars, with an intraday increase or decrease of -2**.62**%.

policy

▌IMF and Financial Stability Board will release a comprehensive report on cryptocurrencies before the G20 summit

The IMF and FSB are expected to release a comprehensive report on cryptocurrencies ahead of the G20 leaders’ summit in September, the sources said.

Blockchain Application

▌****Blockchain Sports cooperates with blockchain project Carbify to reduce carbon emissions

Brazil's first blockchain-based soccer academy called Blockchain Sports will be a fully carbon-neutral company. The company confirmed its partnership with Carbify, another blockchain-based project to help save the Amazon rainforest, and distribute blockchain-based rewards for participants. Carbify's solution leverages blockchain technology to create a transparent and traceable carbon offset system. Blockchain Sports will be able to monitor and track their carbon emissions in real time, allowing them to offset their environmental impact by supporting proven sustainable projects in Brazil and beyond.

Cryptocurrency

▌****Ex-DOJ Prosecutor: Appeal of Recent XRP Court Decision Seems 'Unlikely'

Former Justice Department prosecutor and crypto venture investor Katie Haun commented on the recent court ruling on Ripple's legal dispute with the SEC. While an appeal is possible, Haun is skeptical of the SEC's desire for legal clarity and an immediate appeal.

The court’s ruling, which found that the sale of XRP on a public exchange does not constitute a sale of unregistered securities, is a good outcome for the industry, Haun said. In these transactions, institutional investors pay Ripple funds directly, and Ripple makes contractual commitments in exchange, creating investment contracts, according to Howey.

An appeal of U.S. District Judge Analisa Torres' decision is "possible," but added, "an immediate appeal seems unlikely because the agency would have to ask the court to separate that decision from the part that will be tried because I Doubt the SEC really wants legal clarity."

▌****Encrypted listed company Tokens.com develops mobile Web3 games

Tokens.com Corp., a Web3 crypto asset public company, announced that its subsidiary Hulk Labs (“Hulk”) is in the advanced development stages of creating a proprietary mobile-based web3 video game called Astraeus Defense.

Astraeus Defense will be a mobile-first game featuring an innovative web3 economy developed by Hulk Labs. Astraeus Defense will undergo initial beta testing in 2023, with a full release planned for the first quarter of 2024.

▌****Data: Bitcoin market share is 46.7%

According to CoinGecko data, the current market value of cryptocurrency is $264,403,506,385, the 24-hour trading volume is $29,303,543,703, the current market value of Bitcoin is $590,627,440,356, and the market value of Ethereum is $232,896,732,582. Market share: 46.7% for BTC and 18.4% for ETH.

▌****Meitu has purchased cryptocurrencies with an impairment loss of about 185 million yuan

Meitu announced that it expects to turn losses into profits in the first half of the year, with a net profit of 220 million to 265 million yuan. The main reason for the expected turnaround is that the market price of the purchased cryptocurrencies as of June 30, 2023 is higher than the market price on December 31, 2022, so the impairment loss of the purchased cryptocurrencies is reversed by approximately RMB 185 million. Since the cryptocurrency purchases in March and April 2021, the Group has not purchased or sold any cryptocurrency under the cryptocurrency investment plan.

▌****Fox Reporter: Ripple may still have to bear the fine for losing the case

Fox senior reporter Charles Gasparino took to Twitter to alert members of the XRP community. He noted that while XRP has gained in price amid the positive sentiment in the summary judgment (SJ), Ripple still needs to pay some money, possibly as a fine (if any) as part of its losing case. Gasparino said that he has interviewed many securities lawyers about the XRP lawsuit, and no one believes that the company's winning part can be appealed.

He made the statement in response to growing speculation that the U.S. Securities and Exchange Commission (SEC) may choose to appeal Judge Analisa Torres' decision in the future.

Important economic developments

▌The probability that the Federal Reserve will keep interest rates unchanged at 5.00%-5.25% in July is 3.9%****

According to CME "Fed Watch": The probability that the Fed will keep interest rates unchanged at 5.00%-5.25% in July is 3.9%, and the probability of raising interest rates by 25 basis points to the range of 5.25%-5.50% is 96.1%; The probability of a change is 3.3%, the probability of a cumulative rate hike of 25 basis points is 81.3%, and the probability of a cumulative rate hike of 50 basis points is 15.4%.

Golden Encyclopedia

▌****P2WPKH

A P2WPKH signature contains the same information as a P2PKH spend. But the signature information is placed in the witness field, not in the signed script field. The public key script was also modified.

Disclaimer** Disclaimer: As a blockchain information platform, Jinse Finance publishes articles for informational reference only and not as actual investment advice. Please establish a correct investment philosophy and be sure to raise your risk awareness. **