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The article analyzes the impact of the initial value of the US non-farm payroll benchmark revision on the economy and the crypto market, pointing out that the revision may reveal that employment data has been overestimated, which could in turn affect the Federal Reserve's rate cut decisions and liquidity in the crypto market. Summary generated by Mars AI This summary was generated by the Mars AI model, and the accuracy and completeness of its generated content are still in the stage of iterative improvement.
The current economic environment is more conducive to continued market expansion rather than contraction.
Nasdaq has submitted a proposal to the SEC on Monday, seeking approval to allow the trading of tokenized securities on its main market. If approved, this move would mark the first integration of blockchain technology into the core of the U.S. financial system.
- 04:41California Governor Signs Bill to Protect Unclaimed Crypto AssetsJinse Finance reported that the Governor of California has signed a new bill prohibiting the forced liquidation of unclaimed cryptocurrency assets. The bill aims to protect user rights and ensure that unclaimed assets are not disposed of due to regulatory loopholes. Previously, California had already taken multiple legislative measures in the digital asset sector to regulate industry development and safeguard consumer interests.
- 04:41Canaan launches 2.5 MW Bitcoin mining pilot project in CanadaJinse Finance reported that Canaan has launched a 2-megawatt pilot project in Calgary, Alberta, Canada, to conduct bitcoin mining operations powered by stranded natural gas. The mining hardware manufacturer announced on Monday that it is collaborating with Calgary-based Aurora AZ Energy Ltd. to advance the deployment of this project. The project will convert natural gas that would otherwise be flared or left idle into electricity, directly powering bitcoin mining operations at the oil and gas wellhead. This 2.5-megawatt offsite location will deploy 700 units of Canaan’s latest Avalon A15 Pro miners—valued at over $2 million—and will also be equipped with containerized data modules.
- 04:40Sun Wukong has launched contract trading for AIA, COAI, STBL, and AVNT.ChainCatcher news, the world's first Chinese decentralized perpetual contract exchange, Sun Wukong, has added new USDT-margined contract trading pairs: AIA/USDT, COAI/USDT, STBL/USDT, and AVNT/USDT, supporting up to 20x leverage. According to official social media sources, Sun Wukong launched a special welcome event on October 12, offering users an airdrop reward of 5 million SUN tokens. Currently, 86% of the prize pool has been claimed. The event will last for 72 hours and is still ongoing.