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Someone lost $1M in tokens and NFTs with just one wrong click, falling for phishing batch transactions disguised as Uniswap swaps.
The crypto market rewards courage but punishes carelessness. Your best defense is double-checking everything. Stay alert.
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CZ announced that $BNB is now tradable through RAKBANK in the UAE. This is a major step towards supporting the adoption of cryptocurrencies in the region, as it allows customers to buy and sell $BNB directly through the bank, further integrating traditional banks with the crypto world. This development could open the door for other banks in the Gulf to follow suit. $BNB

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Today's Federal Reserve Summary. • Risks are now skewed toward jobs, not just inflation. • Labor supply is weakening as demand declines. • The Fed is abandoning its flexible average inflation targeting policy. • Inflation expectations are no longer assumed to be stable. • Signals a possible interest rate cut in September. $XRP $MKR $UFD

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Arthur Hayes, who expected a drop in Ethereum, made a big comeback! He made an incredible prediction for Ethereum: "This altcoin could do more, but I still prefer $ETH !" BitMEX co-founder Arthur Hayes, who has made a name for himself with his bold predictions in the cryptocurrency market, made new statements about Etheruem (ETH) and Solana ($SOL ). Hayes, who has started investing in altcoins again, one of which is Ethereum, predicted $20,000 for ETH. I Prefer Ethereum, It Could Rise to $20,000! Arthur Hayes said in a recent interview that he is buying back Etheruem and altcoins after taking profits. As for the reason for their buyback, Hayes stated that the ETH chart is pointing upwards. I bought back some of the ETH I sold. Because the chart shows it will go up. So I can't fight the market.” Arthur Hayes, who also compared Solana to Ethereum, admitted that both networks have strong ecosystems. However, Hayes stated that he still prefers Ethereum over Solana this cycle. The famous figure also shared his price prediction for ETH, stating that it could rise to between $10,000 and $20,000 by the end of this cycle. Hayes also considered US President Donald Trump's focus on economic success as a positive factor for the cryptocurrency market. “While it may be difficult to reach that level in the very short term, the asset-friendly policy orientation and capital inflows from digital asset treasury companies in this cycle and during the Trump administration will drive the upward trend. “Also, in the short term, Solana may offer higher returns, but in terms of market size and stability, Ethereum has a better risk-adjusted return profile.” In early August, Arthur Hayes predicted that Bitcoin would test $100,000 and ETH $3,000, stating that no major economy was currently generating credit fast enough to increase nominal GDP. However, Hayes appears to have backtracked on these bearish predictions in a recent interview. $ETH

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📈 Jerome Powell "ignites" 🔥 markets with his remarks at the Jackson Hole Symposium regarding US interest rate cuts. 🟢 The S&P 500 and Dow Jones on Wall Street jump more than 1.5% as the speech concludes. 🔴 The US dollar index falls by about 0.75%. 🟢 Gold futures jump by about 1% to $3,371 per ounce. As soon as Powell mentioned two key words, the markets moved strongly. The first is that the Fed is open to changing interest rates once this year. The second is that the current interest rate is close to neutral. Although Powell did not mention that interest rates were above the neutral level, the market sees it as such. Thus, although a cut is expected, Powell explicitly and publicly mentioned it this time. Which means we'll likely see an interest rate cut at the next Fed meeting, or maybe after. $CRV $UTK $ADA

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Fed Chair Jerome Powell Speaks in Jackson Hole! Here Are the Highlights and Bitcoin's First Reaction! Fed Chairman Jerome Powell began his highly anticipated speech in Jackson Hole, Wyoming. Fed Chairman Jerome Powell began his highly anticipated speech in Jackson Hole, Wyoming. Powell offered a lukewarm signal about interest rate cuts, while highlighting the high level of uncertainty that makes the job of monetary policymakers difficult. Powell Signals Interest Rate Cut! Highlights of Powell's speech at the Jackson Hole symposium are as follows: “When I took this podium a year ago, the economy was at a turning point. Our policy interest rate had been hovering between 5.5% and 5.5% for more than a year. This restrictive policy stance was appropriate to help reduce inflation and maintain a sustainable balance between aggregate demand and supply. Upside risks to inflation had diminished. But this year, the economy is facing new challenges. Significantly increased tariffs across our trading partners are reshaping the global trading system. While the labor market appears to be in equilibrium overall, this equilibrium is a curious one, emerging as a result of a significant slowdown in both labor supply and demand. This unusual situation suggests increasing downside risks to the labor market. Turning to inflation, the latest data show that 12-month PCE inflation rose by 2.6% in July. Core inflation rose by 2.9%. Labor supply has weakened in line with demand. The balance of risks is shifting. At this point, the fact that policy is in restrictive territory, the fundamental outlook, and the changing balance of risks may require us to adjust our monetary policy stance. “Tariffs pose a risk of a resurgence in inflation, and a recession remains a scenario the Fed must avoid. However, the baseline scenario is that we believe the impact of tariffs on inflation will be short-lived.” Powell's speech appears to have been cautiously moderate, hinting at potential interest rate cuts but making no commitment to a definitive rate cut. $BNB

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