Christie’s Closes Digital Art Department as NFT Market Stays Frozen
--
Christie's pivot follows its high-profile role at Hong Kong Fintech Week 2024, where digital art and AI were center stage.
Loading...
Christie's pivot follows its high-profile role at Hong Kong Fintech Week 2024, where digital art and AI were center stage.
[Aave Community Proposes Adjustments to V3 Scroll Risk Parameters] The Aave community has released a proposal suggesting adjustments to the risk parameters of all assets in the V3 Scroll instance. The proposal includes increasing the Reserve Factor (RF) and lowering the borrowing cap to address potential risks arising from instability in Scroll ecosystem governance, thereby protecting the protocol and user interests.
[Weak U.S. Employment May Prompt Fed Rate Cut in September] ICIS Global economist Kevin Swift stated that the weak U.S. job market might prompt the Federal Reserve to cut interest rates at its September meeting. Although wages grew 3.9% year-on-year in August, the slowdown in growth has weakened real income gains and support for consumer spending. Meanwhile, initial jobless claims have risen to their highest level since October 2021, potentially signaling increased layoffs and a weakening labor market trend. Swift noted that the situation will become clearer in the next one to two weeks.
[Coinbase Accuses SEC of Deleting Chairman's Text Records and Seeks Court Ruling] Coinbase cited an Inspector General report stating that the SEC deleted one year of Chairman Gary Gensler's text records. Chief Legal Officer Paul Grewal said the company has requested federal court intervention, claiming this action severely undermines public trust.
[Whales Accumulate 65,000 BTC, Supply Crunch Intensifies] CryptoQuant data shows that whales have recently accumulated 65,000 BTC, with long-term holders buying and exchange outflows further exacerbating the supply crunch. Analysts believe that although short-term corrections may occur, this structural change could drive prices higher amid rising demand.
[Upbit to Suspend POKT Deposit and Withdrawal Services] Due to a network upgrade, Upbit will suspend deposit and withdrawal services for Pocket Network (POKT) starting from 18:00 (KST) on September 16, 2025, until stability is confirmed and services are restored. Trading will not be affected during this period, and the specific restoration time will be announced separately. Users are advised to complete relevant operations in advance to avoid delays that may result in assets being unable to be processed normally.