According to Adrian Przelozny, CEO of Independent Reserve, in an interview, cryptocurrency exchanges need to be more vigilant than ever, including contacting customers in a timely manner to prevent them from being scammed, and one particular group needs special attention. "If we see an 80-year-old making a crypto withdrawal, they will receive a call," Przelozny said, while emphasizing that the focus is on protecting elderly users from scams. "People over 65 who participate in cryptocurrency trading are at high risk of being scammed," said Przelozny. He admitted that while not everyone in this age group will be scammed, they are more likely to become victims due to their "less familiarity" with the Internet and technology. Sometimes victims are so excited about the scheme they are being sold that they don't even realize it's a scam. Przelozny explained that Independent Reserve has a dedicated compliance department that "calls users all day long" to inform them of suspicious activities and alert them that they appear to be potential scam victims. (Cointelegraph)

Independent Reserve CEO Adrian Przelozny says the exchange has a team that spends all day calling potential scam victims to question their suspicious transactions. source: https://cointelegraph.com/news/crypto-withdrawals-independent-reserve-adrian-przelozny-crypto-scams?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

On-chain analyst @ai_9684xtpa said about the suspected ARB Foundation address depositing 60,000 ETH into Binance 8 hours ago: "No need to worry. The 60,000 ETH deposited into Binance eight hours ago was just 'the funds previously transferred from Arbitrum to the ETH mainnet have passed the 7-day waiting period and re-deposited into the Binance hot wallet'. Binance is just transferring cross-chain assets, which is part of their fund management process. I confirmed this address a week ago, but Arkham had not marked it at the time. It is now marked as 'Binance Deposit'." Earlier today, according to The Data Nerd, 8 hours ago, a wallet (possibly belonging to the ARB Foundation) deposited 60,000 ETH (about $150.33 million) into Binance. In the past 24 hours, it has deposited a total of 90,000 ETH (about $226.02 million) into Binance.

null source: https://x.com/coinscreener_ai/status/1830083091425067083

According to on-chain analyst @ai_9684xtpa, Tronlink-associated address TGfWK...PPydv recharged 63.29 million TRX to HTX eight hours ago, worth $9.98 million; this is the first time the address has transferred TRX to the exchange since it was created two years ago. Over the past two years, the address has continued to receive TRX distributed by the Tronlink Super Representative address, and currently holds more than 900 million TRX, worth $140 million.

One cryptocurrency analyst says Bitcoin must avoid falling below $56,000 if it is to maintain its long-term uptrend.

According to The Data Nerd, 8 hours ago, a wallet (possibly belonging to the ARB Foundation) deposited 60,000 ETH (about $150.33 million) into Binance. In the past 24 hours, it has deposited a total of 90,000 ETH (about $226.02 million) into Binance.

A joint report by Block Scholes and Bybit said that during the recent sharp sell-off when BTC fell below $59,000, open interest in the futures contract market remained stable, indicating that traders reduced leveraged positions, thereby limiting the risk of forced liquidation. The report noted that this pattern remained consistent throughout the year, reflecting the cautious approach taken by market participants during periods of increased volatility. In addition, the report highlighted the positive changes in TON funding rates after major market events, further indicating a renewed interest in leveraged positions. The report also revealed the market's views on the upcoming US presidential election. According to the analysis, the volatility term structure shows that there is a strong bullish sentiment on cash call options that expire after the election. This suggests that traders expect a favorable environment for crypto assets after the election. In addition, the report observed that the demand for downside protection in short-term expiration continued, reflecting the cautious optimism of the market. The findings of Block Scholes and Bybit show that a mature crypto derivatives market is able to adapt quickly to changing dynamics. Even during major events, the market has remained stable, indicating that traders' confidence is growing. (Bitcoin.com)

In this section, we will introduce some macro-environment related data and what it means to the market.

null source: https://x.com/FishTheWhales/status/1830078196454474089

코인니스에서 이번 주(8/23~8/29) 가장 많이 검색되고 이슈가 된 키워드는 다음과 같다. 인기 검색어 Top 10 (검색 횟수) XRP 26077 BTC 14066 MATIC 6164 SOL 5858 SUN 5367 STX 5348 ETH 4675 TON 4370 SEI 3124 DOGS 3046 이슈가 된 코인 Top 10 (언급 횟수) BTC 998 ETH 332 XRP 220 SOL 146 TRX 56 TON 42 MATIC 40 SHIB 33 STX 32 AKT 31

CryptoSlam data shows that the sales of NFTs on the Bitcoin chain in August were only about $60,513,536.21, the lowest level since November 2023. In addition, the transaction volume of NFTs on the Bitcoin chain last month was about 101,880, with an average sales price of $593.97, including about 38,900 independent buyers and about 29,600 independent sellers.

Less than a month after his Bitcoin sneakers sold out, Trump has begun selling his fourth series of NFTs.

This week, 26 blockchain startups raised a total of $182.5 million in funding. Ten projects received pre-seed and seed rounds, and 15 projects received other rounds of funding.

This article will analyze the Artela ecosystem, which has been very popular among developers recently, and explore the potential applications of its EVM++ technology.

Comments from prominent market players suggest that the upcoming distribution of funds from the Mt. Gox bankruptcy could have a significant impact on Bitcoin’s price dynamics, leading to increased selling pressure.

Just as Paypal brought payments to the Internet before, now Paypal wants to bring payments to the chain.

If TON can effectively manage the current crisis and turn it into momentum to boost the project, this incident could become a turning point for TON towards wider adoption.

Golden Weekly is a weekly blockchain industry summary column launched by Golden Finance. Its content covers the week's key news, market and contract data, mining information, project dynamics, technological progress and other industry dynamics.

In July this year, CoinGecko pointed out in its second quarter 2024 crypto industry report that Meme Coin, Artificial Intelligence and RWA became the most popular categories, accounting for 77.5% of network traffic.