Press Release Daily Today TheBitTimes.com

1. Federal Reserve Raises Interest Rates by 25 bps link On July 27th, according to The Wall Street Journal, the Federal Reserve announced a 25 basis point interest rate hike, bringing the rates to the highest point in twenty-two years. Federal Reserve Chairman Jerome Powell did not rule out the possibility of another rate hike at the central bank’s next meeting in September. The Federal Reserve aims to maintain long-term inflation rates at 2%. CICC (China International Capital Corporation) pointed out that the overall changes in the Federal Reserve’s meeting statement were not significant, and Powell’s speech retained flexibility for future policies. It is expected that July is likely to be the last rate hike in this round, but if the month-on-month inflation rate continues to be above 0.4% before the September meeting, there may be additional rate hikes. Attention will be given to the Employment Cost Index (ECI) data on Friday and Powell’s statements on inflation-fighting measures a...

Auhor: @0xMavWisdom Twitter user @ChrisONCT first shared an  Analysis  of DWF Labs' alleged insider trading with Memecoin WFAI ( https://twitter.com/ChrisONCT/status/1663261546070278144?s=20 ). This article is a further study on his Twitter thread. According to the author's research, WFAI is very likely a memecoin that DWF Labs itself deployed and manipulated. (Note: Unless specifically marked, all times are in UTC; all data is up to 22:00 UTC+8 on June 2nd) WFAI, full name WaifuAI, is a Memecoin that uses anime female characters for promotion. It was created on May 25 by WaifuAI: Deployer (0xf2...09cb). The deployer's address is a new address, and the initial funds were transferred from Binance. WFAI has a total supply of 777,000,000,000,000 tokens. According to the tokenomics on the official website, 1% is airdropped to PEPE, LADYS, and SHIB holders, 2% is airdropped to those who have burned PEPE, LADYS, and SHIB, 2% is held in the multisig wallet wfai.eth for ecosystem c...