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Share link:In this post: The CrediX team deleted the platform’s X account, sparking speculation that the recent hack was a rug pull. Other DeFi protocols on Sonic were also affected, and are now scrambling to contain the damage. Some of the stolen funds are already mixed through TornadoCash, though Sonic Labs and Stability DAO are still investigating the exploit.
Share link:In this post: Gold fell to $3,463 after hitting a record $3,530 as the White House announced plans to clarify bullion tariff rules. U.S. Customs confirmed 1-kg and 100-oz gold bars from all countries face the 39% tariff. Traders warn tariffs could raise settlement costs, widen the New York–London price gap, and hurt liquidity.
Share link:In this post: Elon Musk says Tesla will prioritise inference chips for real-time AI decisions. Media report claims in-house Dojo supercomputer team has been shut down. The move comes amid restructuring, job cuts, and intensifying EV market competition
- 20:06Castle Securities strategist: US stocks may face short-term volatility, but are expected to end the year stronglyAccording to ChainCatcher, citing Golden Ten Data, Scott Rubner, Head of Equity and Equity Derivatives Strategy at Citadel Securities, stated that the current rally driving the US stock market to new highs may experience some volatility in the coming weeks, but is expected to end the year strongly. Rubner pointed out that the S&P 500 Index has risen 17% from its low point this year, with short-term risks including overvaluation and seasonal fluctuations. However, the factors supporting the stock market rally will continue to provide momentum for the market in the final months of 2025. Rubner advised investors to view short-term pullbacks as buying opportunities.
- 19:54Dovish signals from the Federal Reserve boost gold prices above $3,700BlockBeats News, on September 16, spot gold reached another all-time high, surpassing the $3,700 mark. As investors prepare for the Federal Reserve's monetary policy statement, broad-based selling pressure on the US dollar has helped gold continue to rise. Although the market generally expects the Federal Reserve to cut its policy rate by 25 basis points, the revised Summary of Economic Projections and the voting pattern of the Federal Open Market Committee may indicate a growing dovish sentiment. On Monday, Senate Republicans confirmed White House economic adviser Milan to join the Federal Reserve Board of Governors. Milan is considered dovish and may be inclined to support a 50 basis point rate cut. He will be able to vote at the upcoming meeting. In addition, Federal Reserve Governors Bowman and Waller—both candidates to succeed Chairman Powell next year—may, as they did at the July meeting, convey messages by reflecting a dovish stance.
- 19:54Federal Reserve: Milan sworn in as Federal Reserve GovernorBlockBeats News, on September 16, the Federal Reserve announced that Stephen Milan was sworn in as a member of the Federal Reserve Board of Governors before the Federal Open Market Committee meeting. (Golden Ten Data)