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Billionaire Marc Lasry: Economic Downturn Could Be Inevitable Under the Impact of Trump's Policy Uncertainty

22 hours ago

On March 15th, Marc Lasry, the co-founder of Avenue Capital Group and a billionaire, stated that the uncertainty of Donald Trump's policies, particularly regarding tariffs, has hampered investors who wish to take advantage of market opportunities. "When the market is uncertain about what to do, that becomes a problem," the 65-year-old Lasry said on Friday at the Credit Opportunity Symposium of New York University. "In such a situation, an economy cannot avoid being affected. This will only lead to a slowdown in everything and potentially cause the economy to enter a recession." (Golden Finance)
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Bubblemaps: Despite being wanted by Interpol, the leader of LIBRA is still issuing a new token called WOLF

On March 16th, according to Bubblemaps, even though an Interpol red notice was issued for the LIBRA project lead Hayden Davis, he still launched a new token named WOLF. Last week, there were rumors that the self-proclaimed "Wolf of Wall Street," Jordan Belfort, was going to launch his own token called WOLF. The WOLF token has the same design as another token, HOOD, launched by Hayden Davis, and the creator of the WOLF token pointed to Hayden Davis's address.

25 minutes ago

Xinhua News focuses on "March 15th": Beware of speculation in the Metaverse investment, as criminals use the guise of "future currency" to create fake trading platforms

On March 16th, Xinhua News Agency released an article entitled "Focus on '3·15' | AI Face-swapping and Hype of Metaverse Investment." It was pointed out that under the guise of "future currency" and "high returns," some criminals have forged trading platforms, exaggerated revenue data, leading people to mistakenly think that investing in cryptocurrency is a sure thing. Once they have collected enough funds, they manipulate the market, causing the value of the "currency" to drop sharply and even shutting down the trading platform. Some criminals, under the banners of the Metaverse and blockchain, hype up game development related to the Metaverse, virtual reality and other concepts, claiming "earn money while playing games," packaging high-tech investment projects, publicly promoting false high returns, attracting public funds and showing the characteristics of illegal fundraising and illegal activities.

25 minutes ago

Ethereum Developer: Cryptocurrency Wallets Will Integrate Agents in the Next Few Years, Eliminating the Need for Tedious Interactions by Users

On March 16th, the Ethereum developer eric.eth claimed that the common wallet user experience we are currently observing will completely vanish within a few short years. Users will no longer be required to click "Connect" and "Sign". Instead, users will need to interact with agents, and these agents will handle all the on-chain work on their behalf.

25 minutes ago

Data: Monad Testnet Addresses Surpass 14.55 Million

On March 16th, based on on-chain data, the current address count of the Monad testnet has surpassed 14.55 million. Additionally, yesterday's daily active users reached 2.0198 million.

25 minutes ago

Monad Genesis: Testnet's largest contract size has increased to 128kb

On March 16, according to Keone Hon, the co-founder of Monad, the current maximum contract size on the Monad testnet has been raised to 128 KB (while Ethereum's limit is 24.5 KB).

25 minutes ago

This week, the net outflows of the US Spot Bitcoin and Ethereum ETFs were $8.299 billion and $1.899 billion, respectively.

March 16th: As stated by Lin Chen, the Asia-Pacific Business Director of Deribit, this week witnessed a net outflow of $829.9 million in the BTC ETF, with a total reduction of 10,358.34 BTC. Only a minor inflow of 160.44 BTC was recorded on Wednesday, while the rest of the time experienced net outflows. BlackRock decreased its holdings by 4,239.38 BTC, and Fidelity reduced its holdings by 3,813.02 BTC. The current price is hovering around $84,000, and the market fear/greed index stands at 30 (indicating fear). In the short term, market sentiment is rather gloomy, with the March 20th Fed interest rate meeting and the April tariff implementation posing challenges to market confidence. Meanwhile, this week saw a brutal outflow of funds in the ETH ETF - a total net outflow of $189.9 million, with a reduction of 99,266.82 ETH. BlackRock reduced its holdings by 33,776.47 ETH, and Fidelity decreased its holdings by 31,695.05 ETH, exerting significant selling pressure. The ETH price has dropp

25 minutes ago