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Ethereum Foundation Launches Fusaka Network Upgrade Security Audit Competition, Total Prize Pool $2 Million

2 hours ago

On September 16th, as per official channels, the Ethereum Foundation has initiated the Fusaka network upgrade and launched a four-week security audit competition. It is offering a total of up to $2 million in rewards to security researchers who manage to identify vulnerabilities prior to the hard fork being implemented on the mainnet. The upgrade is anticipated to become live as early as the fourth quarter. The competition will be in operation from September 15th to October 13th, with a 2x bonus during the first week and a 1.5x bonus during the second week.
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Tether Mints 1 Billion USDT on the Ethereum Network

On September 16th, as monitored by @whale_alert, Tether minted 1 billion USDT on the Ethereum network 10 minutes ago.

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Federal Reserve: Milan Sworn in as Federal Reserve Governor

On September 16th, the Federal Reserve announced that Christopher Waller was sworn in as a member of the Board of Governors of the Federal Reserve System before the Federal Open Market Committee meeting. (Forex Factory)

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BitDeer Launches Bitcoin Miner SEALMINER A3 Series with an Energy Efficiency as Low as 12.5J/TH

On September 16th, BitDeer (NASDAQ: BTDR) officially launched a new generation of Bitcoin miners - the SEALMINER A3 series. This series encompasses four models: the A3 Pro with air cooling, the A3 Pro with water cooling, the A3 with air cooling, and the A3 with water cooling. Among them, both the A3 Pro with air cooling and the A3 Pro with water cooling models boast an energy efficiency ratio as low as 12.5 J/TH. The A3 with water cooling model has an energy efficiency ratio of 13.5 J/TH, and the A3 with air cooling model has an energy efficiency ratio of 14 J/TH.

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If Ethereum drops below $4300, the aggregated long liquidation on major CEXs will reach $9.11 billion.

On September 16th, according to Coinglass data, if Ethereum falls below $4300, the cumulative strength of long liquidation on mainstream CEXs will reach $911 million. Conversely, if Ethereum surpasses $4500, the cumulative strength of short liquidation on mainstream CEXs will reach $661 million. BlockBeats Note: The liquidation chart does not display the exact number of contracts to be liquidated or the precise value of contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster relative to nearby clusters, that is, strength. Therefore, the liquidation chart shows to what extent the price of an asset will be impacted when it reaches a certain level. Higher "liquidation bars" indicate that when the price reaches that level, a more intense reaction will occur due to a liquidity cascade.

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Binance Alpha's new airdrop STBL is now open for claiming.

On September 16th, Binance Alpha launched the airdrop of STBL at 22:25. Currently, Binance Alpha has listed STBL for trading.

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Tether Treasury Deposits 500 Million USDT into Binance

On September 16th, as monitored by @whale_alert, the treasury address of Tether deposited 500 million USDT into Binance.

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