CZ, the founder of Binance, posted on X platform, stating that there are deepfake videos related to "me" promoting some tokens I have never heard of. Previously, CZ had warned the community to "be careful of scams when deepfake videos appear on other social media platforms."

Chen Haolian, Deputy Director of the Hong Kong Financial and Treasury Bureau, called on investors to participate in virtual currency trading through licensed exchanges. Chen Haolian stated that the Hong Kong government is actively building the entire ecosystem, and the Investment Promotion Bureau is currently promoting relevant companies to expand their business in Hong Kong. The ecosystem of virtual assets includes not only exchanges, but also funds for trading virtual assets and central bank digital currencies (CBDCs). Consultation on stablecoin regulation has been completed, and relevant legislation is currently being prepared for submission to the Legislative Council.

Former US President Donald Trump has declined an invitation from Fox News to participate in a second presidential debate with Vice President Kamala Harris on either October 24th or 27th. Trump stated that there will be no more debates before the November 5th election. Harris had previously accepted an invitation from CNN for a debate on October 23rd, while Trump had declined. Following their first debate on September 10th, polls currently show a tight race. Trump stated through Truth Social, "There will be no rematch, so there is nothing to debate."

US Republican presidential candidate Donald Trump said in a statement to overseas voters that he will terminate the collection of income tax from Americans living in other countries. This is the latest tax proposal in his 2024 election campaign. This commitment can simplify the tax obligations of American citizens living overseas. Americans living anywhere in the world must submit tax information to the US Internal Revenue Service and must pay US taxes in addition to paying taxes in their country of residence. This commitment requires congressional approval and, according to the US State Department, could potentially reduce the tax bills of approximately 9 million Americans living overseas. (Jinshi)

According to foreign media such as TASS and Russia's Sputnik News, Jinse Finance reported that on the afternoon of September 5th local time, Russian President Putin said at the plenary session of the Eastern Economic Forum 2024 that Russia will "support" the US Democratic Party presidential candidate and vice president Harris as recommended by the US President Biden in the upcoming US presidential election. When asked how he viewed the 2024 US election, Putin said it was the choice of the American people. The new US president will be elected by the American people, and Russia will respect the choice of the American people. Putin also said that just as Biden suggested his supporters to support Harris, "we will do the same, we will support her." The report said that Putin also joked that Harris' laughter is "expressive and infectious," which shows that "she is doing everything well." He added that this may mean that she will avoid further sanctions against Russia.

The Federal Reserve's Beige Book pointed out that economic activity in three regions has slightly increased, while the number of regions reporting flat or declining economic activity has increased from five in the previous quarter to nine in this quarter. Overall employment levels remain stable, although some reports indicate that companies are only filling necessary positions, reducing working hours and shifts, or reducing overall employment levels through natural attrition. However, reports of layoffs are still rare. Generally speaking, wage growth is moderate, and the growth rate of labor input costs and sales prices ranges from slight to moderate. Consumer spending has declined in most regions, while in the previous reporting period, consumer spending remained stable overall.

Nvidia (NVDA.O) stated that it has not received a subpoena from the US Department of Justice.

Ripple CEO Brad Garlinghouse said during a fireside chat at the Korea Blockchain Week that the company will launch its new stablecoin in "weeks, not months". Garlinghouse also criticized the attitude of Gary Gensler, chairman of the US Securities and Exchange Commission, towards cryptocurrencies, calling OpenSea's experience "regrettable". The CEO of Ripple said he is more "optimistic" about the future of cryptocurrencies in the next five years than ever before.

1, Ethereum L2 TVL rebounds slightly to above $39 billion

Binance released its market insights for July, including: