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From the frustration of not getting paid for fixing bikes as a teenager, to disrupting the financial system three times with E-Loan, Prosper, and Ripple, see how Chris Larsen is reshaping the payment world for ordinary people.

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The PPI data may indicate that the CPI will also cool down, adding complexity to the debate over the extent of the Federal Reserve's rate cut in September...

The August CPI is about to be released, but Wall Street remains calm. This Thursday, the implied volatility in the stock market is lower than the average actual volatility on CPI release days over the past year and also lower than the expected volatility for the next non-farm payroll day.


- 22:08The probability of a 25 basis point rate cut by the Federal Reserve in September is 92%.Jinse Finance reported, according to CME "FedWatch": the probability of the Federal Reserve cutting interest rates by 25 basis points in September is 92%, and the probability of a 50 basis points cut is 8%. The probability of a cumulative 25 basis points rate cut by the Federal Reserve in October is 21.2%, a cumulative 50 basis points cut is 72.6%, and a cumulative 75 basis points cut is 6.2%.
- 21:53SEC Chairman: The Combination of Blockchain and AI Will Usher in a New Era of Prosperity, SEC Determined to Seize the OpportunityBlockBeats News, on September 11, Paul S. Atkins, Chairman of the U.S. Securities and Exchange Commission (SEC), reiterated in a post the key points from his speech at the inaugural OECD Global Financial Markets Roundtable. "The SEC's priorities in the crypto space are clear: we must ensure the security status of crypto assets. Most crypto tokens are not securities, and we will clearly define these boundaries. Blockchain is reshaping the way transactions and settlements are conducted, and artificial intelligence is opening the door to proxy finance—a system where autonomous AI agents execute trades, allocate capital, and manage risk at speeds unmatched by humans, with securities law compliance embedded in their code. The potential benefits are enormous: faster markets, lower costs, and broader access to strategies once exclusive to major Wall Street firms. By combining AI with blockchain, we can empower individuals, enhance competition, and unlock new prosperity. The SEC is determined to seize the opportunities before us."
- 21:53Swarms: Plans to implement SWARMS token buyback and burn mechanismBlockBeats News, on September 11, the Solana-based AI agent protocol Swarm released a governance announcement, proposing to implement a SWARMS token buyback and burn mechanism, with the buyback plan to be carried out on a quarterly basis. According to GMGN data, influenced by this news, SWARMS briefly surged in market capitalization, surpassing 26 million USD, and is now reported at 23 million USD, with a 24-hour increase of 11.5%. BlockBeats reminds users that most Meme coins have no real use cases and their prices are highly volatile. Please invest with caution.