Garrett Jin closed two trades, resulting in a total net loss of $27.06 million
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Garrett Jin closed two trades: short 38000 ZECs worth $58.5 million, resulting in a loss of $35.44 million; Long 1333 BTC worth $113 million, with a profit of $8.38 million, and a total net loss of $27.06 million from two transactions.
One expert believes that the failure to pass the bill is a win for the banks that staunchly oppose stablecoin yields, while a global crypto lawyer believes overseas jurisdictions benefit.
The Zcash privacy pool recorded 62812 transactions last week, the highest weekly transaction volume in over four years and ranking fourth in history; The highest three weeks in history all occurred in the summer of 2022, with 135389 transactions in late June, 80732 transactions in early July, and 64795 transactions in early August. (Messari)
Bitcoin Core 32.0 has entered candidate version testing, with developers aiming to release it on October 10th. This version optimizes block verification efficiency by parallel reading of data, and the four wallet commands default to the new signature format. The security patch prevents specially crafted wallet names from running commands on non Windows nodes and reduces the memory growth caused by unauthenticated HTTP from approximately 3.2GB to approximately 3MB. (Source: Bitcoin News)