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- JPMorgan Chase & Co. has lowered its estimated Bitcoin mining cost from US$21,000 to US$18,000 | Cryptocurrency Trends
JPMorgan Chase & Co. has lowered its estimated Bitcoin mining cost from US$21,000 to US$18,000 | Cryptocurrency Trends
Pat, Bitget Research
2023/09/08
![JPMorgan Chase & Co. has lowered its estimated Bitcoin mining cost from US$21,000 to US$18,000 | Cryptocurrency Trends](https://img.bitgetimg.com/multiLang/web/eddd08b5c1967cfea54f43d10862ec8d.png)
1.Mainstream exchange trends:
● Binance has announced a solution for the CYBER token incident: impacted users will receive a total of 1 million USDT in compensation.
● Binance has completed the integration of
Ethereum (ETH) on the zkSync Era network and deposits and withdrawals for Ethereum (ETH) tokens are now open.
● Binance will launch a zero transaction fee promotion for ARS, BRL, and ZAR
spot trading pairs.
● Mainstream exchange listings (CEX: Token–Time of Listing in UTC+8)
Bitget:
Witch (WITCH): listed on September 11, 2023, 7:00 PM
NvirWorld (NVIR): listed on September 8, 2023, 7:00 PM
Shiba V Pepe (
SHEPE): listed on September 7, 2023, 9:00 PM
2.Cryptocurrency trends:
● JPMorgan Chase Co. reduces its estimated
Bitcoin mining cost from US$21,000 to US$18,000.
● Justin Bieber's producer sells royalties for the song Company in the form of NFTs.
● The ARFC proposal, which involves using DAO funds to buy over 440,000 AURA tokens, has been approved by the Aave community.
● The Ethereum Foundation has announced the winners of the grant round for Account Abstraction, with a total of 18 project teams being awarded.
● OpenAI will host its first developers conference on November 6, showcasing its latest achievements.
3.Financing trends:
● The Web3 music platform Medallion has raised US$21.5 million in funds.
● The decentralized insurance distributor OpenCover raises US$4 million in a seed round funding led by NFX and Jump Crypto.
● The development company Nestcoin of the crypto wallet Onboard has secured US$1.9 million in funding with Hashed Emergent leading the investment and participation from the Base Eco Fund and others.
● Brine Fi, a cross-chain DEX, raises US$16.5 million at a valuation of US$100 million led by Pantera Capital.
4.Regulatory trends:
●The International Organization of Securities Commissions (IOSCO) suggests that the responsible individuals behind DeFi projects should be identified and subjected to regulatory oversight similar to traditional financial regulations.
● The U.S. CFTC Commissioner has announced that the Digital Asset Subcommittee will publish regulatory standard recommendations on October 5.
Disclaimer: This content includes third-party opinions, and we do not guarantee its accuracy. Cryptocurrency prices are highly volatile, so please conduct your own research and make judgments accordingly.