Aave community member LlamaRisk initiated a proposal to divest WBTC, including: · Reduce WBTC LTV on all V3 instances (Ethereum, Arbitrum, Avalanche, Harmony, Optimism, and Polygon) to 0, preventing additional borrowing with WBTC collateral without affecting the positions of existing users. · Reduce the supply and borrowing caps to 5-10% above the current utilization rate, limiting the additional risk of WBTC while allowing users to flexibly adjust their positions.

According to Odaily, SunPump announced on Platform X that it has entered into a partnership with DWF Labs to enhance the liquidity of the SUN token across all scenarios. This collaboration aims to support smoother transactions and higher accessibility for the SUN token, providing a stronger foundation for its growth and broader adoption across various platforms.

SunPump posted on the X platform that it has cooperated with DWF Labs on the SUN token to enhance liquidity in all scenarios. This cooperation will support smoother transactions and higher accessibility of SUN, providing a stronger foundation for the growth and wider adoption of SUN on various platforms.

Federal Reserve, interest rate cut, crypto market, market, Federal Reserve cuts interest rates by 50 basis points to ignite the crypto market Golden Finance, Bitcoin leads the gains, ETF inflows surge, bull market restarts?

According to BlockBeats, on September 20, Barclays indicated that the Federal Reserve has shown it can reduce interest rates while simultaneously shrinking its balance sheet. However, for risk management reasons, Barclays recommends ending the balance sheet reduction early. Barclays still anticipates that the Federal Reserve will conclude its quantitative tightening in December, with an announcement expected from the Federal Open Market Committee (FOMC) in November. In a report to clients, Barclays strategist Joseph Abate noted that in 2019, the scarcity of reserves exacerbated the already tense repo market, causing a significant rise in financing rates and severely disrupting the U.S. Treasury market. Abate stated, 'We believe this risk outweighs the benefits of maintaining reserves slightly above the necessary level.'

According to BlockBeats, AgentLayer announced today that Professor Liu Yang, Executive Director of the CyberSG R&D Project Office (CRPO) at Nanyang Technological University and co-founder of AgentLayer, will be a keynote speaker at the upcoming AI Apex Asia Capital Connect Forum 2024. The event, themed 'Navigating AI Capital,' is scheduled to take place on September 23, 2024, at The Singapore Edition hotel in Singapore (UTC+8). Professor Liu Yang is a globally recognized scientist in software engineering, artificial intelligence, and cybersecurity. He will discuss how AI Agents can be utilized to monitor the security of large AI models. His expertise in AI governance and security will provide valuable insights for AI companies and startups navigating complex regulatory environments. The forum will bring together 120 distinguished participants, including government officials, global asset managers, private equity and venture capital investors, and AI entrepreneurs. The diverse attendees will engage in discussions and exchanges to explore the evolving landscape of AI financing, governance, and innovation. AI Apex Asia is a leading AI community dedicated to promoting AI technology and applications in the Asian market. With a focus on innovation, expertise, and responsible AI development, AI Apex Asia aims to drive the adoption of AI solutions that address the unique challenges and opportunities across various industries in Asia. AgentLayer is a pioneering project aimed at creating a decentralized, permissionless network that enables autonomous AI Agents to collaborate and coordinate. By leveraging blockchain technology and advanced AI, AgentLayer is laying the foundation for a new AI Agent economy, allowing developers and enterprises to create and deploy intelligent, autonomous AI Agents at scale. The project boasts a team of top global researchers in AI security, leading the development of trustworthy and responsible AI solutions.

The Telos Foundation has announced the launch of Telos X, a cryptocurrency exchange partnering with the Binance Links program. Telos X will significantly enhance the Telos ecosystem by providing simplified access to liquidity, increasing the utility of the token, and providing new opportunities for projects and users in the network. Telos Telos

Payment, law, policy, supervision, It is difficult for tens of thousands of enterprises to open bank accounts. How to make payments for Sino-Russian trade? Golden Finance, explores virtual currency as a transit solution for cross-border payments.

In the face of a $35 trillion federal debt crisis, global asset manager BlackRock Inc. source: https://www.benzinga.com/markets/cryptocurrency/24/09/40950912/bitcoins-reserve-asset-appeal-increased-due-to-state-of-us-federal-deficit-and-debt-says-b?utm_source=cryptopanic.com&utm_campaign=partner_feed&utm_medium=partner_feed&utm_content=site

Crypto exchange BingX’s product chief Vivien Lin has confirmed there was a hack and a “minor asset loss,” which is still being calculated. source: https://cointelegraph.com/news/singapore-based-bing-x-exchange-hot-wallet-suspected-hack?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

TON Ecosystem The Open League released the "Announcement of Suspension of The Open League S6 Event" on the official telegram channel, saying: "We decided to take a break from this event, including the project rankings (App, DeFi, NFT) and Normie & Degen airdrop activities. The suspension will start at 9 am UTC on September 20. The intermission will last about two weeks, and the restart date will be announced in advance. Once we restart, the S6 event will continue to run for 3 weeks, completing the planned 4-week cycle." It is understood that the reason for the suspension of the event is that the official believes that the largest airdrop in Web3 is coming, including Hamster Kombat, Catizen, WatBird (Gamee) and other major TON applications will distribute rewards to hundreds of millions of users, demonstrating the true decentralization of Web3. In order to ensure smooth transactions and accurately track related airdrop activities, let the system take a breather. Finally, the official summary points are as follows: ▪️All user activities in the first week of the sixth season will be recorded, and nothing will be lost. ▪️Minting of Normie and Degen badges will also be paused, but users can request them once we restart. ▪️Projects in the App, DeFi, and NFT Alliances please avoid large-scale activities until further notice. Latest news will be announced later.

The Crypto prediction market is growing with the development of platforms such as Polymarket.

XT.com will soon launch TC (TTcoin) and open the TC/USDT trading pair in the innovation area (Layer 2 & Web 3.0). TTcoin was founded to maintain balance in the cryptocurrency market, convert investments into tangible projects and grow TTcoin alongside them. The companies created by the investment will be incorporated under the name TTcoin and serve as factories to help users and others. Therefore, the future is closer than expected.

Whether a virtual currency mining machine sales contract involving quality defects and breach of delivery deadline can be considered fraud is a practical difficulty.

DApp, application chain, technology, chain abstraction, there is no future for developing infrastructure. Is application the future direction? Golden Finance, brand and user experience are the sustainable moats of applications.

Artificial Intelligence, Token Allocation, Token Model, Token Economy, Crypto Incentive Crowdfunding Is it feasible to train an AI model? Golden Finance, This report examines the current status of large-scale model training and the associated costs.

Golden Finance launches the 2451st issue of "Golden Morning 8", a morning report on the cryptocurrency and blockchain industry, to provide you with the latest and fastest news on the digital currency and blockchain industry.

The challenges facing Ethereum come not only from technology, but also from insufficient understanding of user needs and internal corruption. In the absence of external liquidity, solving the problems of second-layer chain fragmentation and excess infrastructure is a top priority.

DePIN, Optimism, let public goods funding go beyond the circle around us. Golden Finance, explore how to create a truly effective public goods funding system.

Golden Finance launches Golden Web3.0 Daily to provide you with the latest and fastest news on games, DeFi, DAO, NFT and Metaverse industries.