@MetaMask If the wallet is compromised, trace assets by following transactions made after the point of compromise, produce a report, and send it to the authorities. Hopefully, freeze them as soon as they touch an exchange or DeFi protocol that can freeze assets for return. ๐
๐จ THE NEXT 10 DAYS COULD BE ABSOLUTE CHAOS FOR THE MARKETS.
Five major events are coming back to back, and each one has the potential to move the markets.
September 10: PPI
The first major inflation test as it measures price changes from the producer side, so another hot reading will signal inflationary pressure.
That could immediately push the Fed to be more hawkish.
September 11: CPI
This is the big one, as the CPI will show whether consumer inflation is cooling or heating up again.
July CPI was 3.4%, so a hot print will almost confirm the Fed rate hike.
September 15: CLARITY ACT VOTING
This could be one of the most important days for crypto this year, as the Senate will hold a procedural vote on advancing the CLARITY Act.
September 16: FED RATE DECISION
This is where things could get wild.
The Fed will decide its next move on interest rates after seeing both PPI and CPI.
The decision, Warsh's press conference, and the Fed's new economic projections will pave the way for how markets will move next.
September 18: BANK OF JAPAN RATE DECISION
The BOJ interest rate decision will happen on September 18.
If BOJ turns more hawkish, USD/JPY could crash and cause turmoil in the markets.
PPI โ CPI โ CLARITY โ FED โ BOJ.
Five major catalysts in just 10 days, and this will cause a volatility explosion.
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KYC is now part of the XRP Ledger itself
The protocol checks your credential before your order matches, and if you don't hold one the transaction fails
Three amendments did it and a lot of people missed it
All live on mainnet, all verifiable on the ripple:native ledger
1/21๐งต
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โก๏ธNEW: Ripple is quantum-proofing the XRP Ledger before "Q-Day" arrives.
Ripple is preparing ripple:native for the moment quantum computers can break the cryptography protecting wallets, which researchers call Q-Day, per CoinDesk.
The company laid out a four-stage migration plan, including an emergency route if quantum computing advances faster than expected.
Ollama v0.33 is here!
You can now easily configure Claude Desktop to seamlessly work with Ollama as a third-party gateway provider.
One toggle. Cloud & local models just work๐
๐บ๐ธJUST IN: The CFTC holds its first ever Innovation Advisory Committee meeting with 43 members including the CEOs of Coinbase, Kraken, Ripple, Gemini, Robinhood, Nasdaq, NYSE and CME.
Key takeaways:
- CFTC Chair Selig says the CFTC will implement its own crypto rules if the CLARITY Act fails to pass.
- Selig directs staff to "begin exploring rules to codify a CFTC market structure for crypto assets."
- Crypto exchanges could be allowed to offer leveraged trading under CFTC oversight.
- Selig directs staff to engage with DeFi developers to establish legal pathways for on-chain protocols in the US.
- CFTC preparing to modernize prediction market rules, with Kalshi and Polymarket CEOs both seated on the committee.
- Coinbase CEO Armstrong says the CLARITY Act "has a great chance of passing" with both sides getting "90% of what they want."
- Robinhood CEO Tenev says the 50 state patchwork of crypto rules hurts customers more than the companies themselves.
- DTCC CEO says SEC-CFTC coordination has given traditional finance "an open lane" to advance blockchain and tokenization.
- Selig warns states trying to block prediction markets, saying the CFTC has protected them from "rogue state attorneys general."
- Selig calls for America to become the "compute capital of the world."
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๐๏ธKey Events This Week:
- ๐บ๐ธThe White House is set to host a major crypto meeting Wednesday, with Trump, the SEC and CFTC chairs, and executives from Coinbase, Ripple and Kalshi expected.
- FOMC minutes land Wednesday, with markets pricing less than a 40% chance of a September hike.
- ๐ฏ๐ต Japan reports GDP Monday and CPI Friday, the two key tests before a BOJ hike that Reuters reports could come as soon as September.
Monday Aug 17
- Japan Q2 GDP
- US Treasury flows data, showing whether Japan cut its massive Treasury holdings again in June
Tuesday Aug 18
- US Housing Starts and Industrial Production
Wednesday Aug 19
- FOMC Minutes
- White House crypto meeting
- UK CPI
Thursday Aug 20
- CFTC's first Innovation Advisory Committee meeting on crypto and prediction markets
- Philadelphia Fed Index
Friday Aug 21
- Japan CPI
- US Flash PMIs
Want to see how you can borrow RLUSD using your XRP?
This walkthrough goes through the entire flow:
โ minting FXRP on Flare โ bridging to Ethereum โ supplying FXRP and borrowing $RLUSD โredeeming
Save this for later ๐