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Christie's International Real Estate has established a dedicated department to allow buyers to use digital currency to purchase real estate, becoming the first major brokerage to form a professional team to handle real estate transactions with pure digital payments.
President Donald Trump is considering a new round of stimulus checks targeting low-income Americans, according to unconfirmed reports. The unconfirmed reports say that the proposal is under review as part of broader economic support plans. Though still a rumor, the move might mirror pandemic-era relief policies that injected billions into American households. What Are Stimulus … <a href="https://beincrypto.com/trump-stimulus-check-rumor-crypto-impact/">Continued</a>
Trump Inspects Fed Headquarters Renovation Site, Engages in Public Debate with Fed Chair Powell on Renovation Costs Issue, Trump Criticizes Budget Overrun, Powell Counters Trump by Pointing Out Trump's Inclusion of Completed Projects in Current Budget.
T-RIZE Group, a Canadian fintech firm specializing in institutional-grade tokenization, is deepening its integration with the Canton Network as a validator node operator, active builder of tokenization projects, and one of the first entities to issue and manage tokenized real-world assets on this privacy-first blockchain for regulated finance. The recent Digital Assets’ $135 million funding … <a href="https://beincrypto.com/t-rize-institutional-tokenization-leadership/">Continued</a>
- 05:36LlamaRisk: Circle and Tether's bug bounty programs are far from sufficientJinse Finance reported that Circle and Tether are currently being questioned by DeFi risk management company LlamaRisk due to their "seriously inadequate" bug bounty programs, with the highest rewards not even exceeding $10,000. On September 1, LlamaRisk released a report evaluating the bug bounty programs of crypto assets listed in the Aave V3 protocol. The report found that among the assets supplied by Aave, 33 assets (worth $19.7 billion) have bug bounty programs considered "adequate." However, another 10 assets (worth $19.2 billion) either have no bug bounty program or are severely lacking. LlamaRisk pointed out that although Circle manages $70 billion in assets, its bug bounty is "seriously inadequate," at only $5,000. Tether, which manages $160 billion in assets, offers a bug bounty of only $10,000. Other assets with low bug bounty amounts include BitGo wrapped bitcoin, Gnosis, and Ripple; while Etherfi, Monerium, PayPal, and Agora were marked as having no active bug bounty programs at all.
- 05:36Data: "Maji Big Brother" placed sell orders for 10,700 ETH in the $4,417 to $5,000 range to take profitsAccording to ChainCatcher, HyperInsight data shows that "Brother Machi" Huang Licheng has placed limit orders for 10,700 ETH in the $4,417 to $5,000 range, with his long position entry price at $4,350. Currently, his 15x leveraged ETH long position holds 26,800 ETH, with an unrealized profit of $1.48 million.
- 05:36Analyst: If August CPI data does not rise significantly, the Federal Reserve is expected to cut rates by 25 basis points.ChainCatcher News, the US August CPI data will be released tonight at 20:30. The market is currently pricing in a 100% probability that the Federal Reserve will cut interest rates next Wednesday, especially after the unexpected decline in August producer prices and weak US employment growth. The only remaining questions are how much the rate cut will be, and how officials will respond to the possibility of further rate cuts this year if Thursday's CPI data comes in higher than expected. Meanwhile, companies are absorbing some of the tariff costs brought by the Trump administration's trade policies, which has somewhat eased inflationary pressures. Economists expect that after factoring in a 0.3% month-on-month increase, the overall CPI for August will rise slightly year-on-year from 2.7% in July to 2.9%. The core CPI, which excludes food and energy, is expected to remain unchanged at 3.1% year-on-year and 0.3% month-on-month. BeiChen Lin, Senior Strategist at Russell Investments, stated that it would take a "very significant" upside surprise to prevent the Federal Reserve from cutting rates by 25 basis points next week, but even mildly above-expectation data would be enough for officials to express concerns about future inflation risks while cutting rates. The "core services" category in the CPI report is particularly worth watching.