The police have too much power and can freeze the Binance accounts of Chinese people at will. It seems that only wallets with their own private keys are the safest!

hot spot

After yesterday's market was shocked by the rumor that Binance was stolen, today there is a big news about Binance. It is said that many domestic Binance users have been banned and received a message titled: "Your account is currently being accepted by Hengyang. County Public Security Bureau's review" email, it seems that Binance accounts with Chinese identity are not safe anymore. The current market state is that RMB has black money, and usdt also has black u. The police can freeze the bank card when black money is received, and I have one myself. The card has been frozen for 200,000 RMB, and I don't know when I was recruited. After today's incident, I dare to conclude that the police have more authority, so when you buy a black u in Binance, it is also very difficult. It may be frozen, so this is exactly what I said to you yesterday, money or coins are absolutely safe only if you put them in a wallet with your own private key. You must increase your security awareness, especially when trading OTC. The coins are mentioned in the wallet, and the money is bought into financial management. Even if you are dealing with acquaintances, you must be careful, because the domestic police are very rogue, and he has the final say on whether to hack or not.

Yesterday's meeting minutes really increased the volatility of the market, even if the minutes did not have too many hawkish remarks, even many members even issued, "The Fed may tighten monetary policy more necessary, and the pace of interest rate hikes will be at a certain point. time to slow down." Such dovish remarks, on the whole, raising interest rates by 50 basis points in September is a high probability event, so the policy is still within the expected range.

In addition, the price of crude oil rebounded yesterday. Although the rebound was not large, we must be careful. It is said that the decline in oil prices is related to the negotiation of the Iran nuclear agreement. It was said that the EU tried to restart the Iran nuclear agreement. If the restart is successful, Then the sanctions on Iranian oil will be unlocked. At that time, Iran can provide 1.3 million barrels of crude oil per day to the market. With the demand unchanged, the supply suddenly increases, then the oil price will definitely be greatly affected, so the crude oil price has been falling all the way during this period. , but yesterday's news, the Biden administration does not seem to support the lifting of sanctions on Iran, even if Iran hopes to lift the restrictions, you must know that the United States has a stronger international voice than the EU, so as long as Biden does not nod, then this matter It may not succeed, so this is the potential risk of oil prices​. Once this negotiation fails, maybe oil prices will rise again, and inflation will be difficult to solve at that time.

According to the mid-2022 blockchain security and anti-money laundering analysis report released by SlowMist, so far, Tornado Cash has received 300,160 ETH of laundered funds on Ethereum, accounting for 74.7% of the total amount of money laundered. In addition, about 24% (95,570 ETH) of the laundered funds are still in hacker wallets, while 1.5% (6,250 ETH) were sent to major exchanges.

Another big fund is about to start buying, buying, and buying. Yesterday, Web3 investment firm CoinFund announced the launch of a $300 million fund, CoinFund Ventures I, which will focus on startups at the intersection of Web3, cryptocurrencies, and other blockchain sub-industries. Coinfund has invested in DOT, NEAR, FLOW, GRT and other projects before.

As reported by Coindesk, JPMorgan analyst Kenneth Worthington said Coinbase will benefit from the ethereum merger as institutional and retail clients derive value from staking ETH. JPMorgan estimates that Coinbase has a 15% market share in ETH assets, more than its 7% share in the entire crypto ecosystem. With ETH at $2,000 and a yield of 5%, Coinbase can generate incremental staking income of $650 million per year through the merger.

Speaking of CB, finally someone can't get used to CB's rat warehouse. Three financial researchers from the University of Technology Sydney, Australia, claim that there may have been insider trading on the Coinbase platform in the past four years. Between September 2018 and May 2022, 10-25% of the tokens listed on the Coinbase platform had insider trading issues, involving funds reaching $1.5 million. At present, CB has responded, saying that it attaches great importance to allegations of insider trading, has zero tolerance for illegal behavior, and will investigate at an appropriate time. This still requires investigation, let’s fire the listing team, ​cb’s rat warehouse is well known.

The OP project side is too stupid. Yesterday, the tokens worth 450 million US dollars were transferred from the multi-money wallet and transferred to the CB wallet. You must know that the current market value of OP is only 300 million. Leeks are scared to see this scene. Now, who knows if it was stolen, or if the OP's investment institution is going to break the market, so OP plummeted, and then the OP team stood up and explained at this time, saying that we were sorting out the wallet, this is just according to the investment agreement to transfer the institution's currency to It’s just a CB wallet, and it won’t break the market​. I'm really drunk, ​if you make an announcement in advance, will the leeks be so hard to smash.

Quotes

BTC: At present, there is no good reason for the market to distribute to form a new selling pressure, unless the liquidity risk is followed by the issuance of US stocks, so the market needs to repair it in its own way. This repair process is actually very long, and the market sentiment is not. It can be restored all at once, but confidence needs to be built up gradually.

The trend has not changed much, the support position below the 4-hour level is near 22800, 22000, and the upper resistance is near 24600.

ETH: Yesterday, after the clarification of the merger of Ethereum, the market of Ethereum immediately weakened. This kind of positive event is delayed, so it is also a kind of negative. However, the POW fork should be carried out normally. Yesterday, Bao Erye proposed After the fork, the temporary freezing of some LP contract tokens was rejected by the community, saying that it did not conform to the principle of decentralization, and several protocols stood up and said that they only supported the new POS chain, including the team behind bayc, but although POW The probability of successful fork is extremely low, but it should also be hyped in the early stage. Many people predict that the initial market value of the new POW fork will exceed ETC, so this is also a lot of money, and it is also a good thing, and after the merger The reduction of production and the increase of staking income will also be beneficial after the Shanghai upgrade in the future, so it is still a good choice to continue to hold ETH spot in the medium and long term.​

[Disclaimer] The above content does not constitute any investment advice. According to the relevant documents of the "Risk Warning on Preventing Illegal Fund Raising in the Name of [Virtual Currency] [Blockchain]" issued by the China Banking and Insurance Regulatory Commission and other five departments in August 2018, please Look at the blockchain rationally, and don’t blindly trust others. The digital asset market is extremely volatile and risky, and you need to be highly cautious when entering the market.

[Risk Reminder] Digital assets fluctuate greatly and the risks are extremely high. Please participate with caution, put an end to the full-cow stud, and refuse loan leverage.