1. Federal Reserve Survey Shows 52% of Americans Cannot Handle $2,000 Emergency Expenses as Inflation Pressures Continue to Mount

According to Odaily Planet Daily and The Kobeissi Letter, the latest survey from the Federal Reserve reveals that 52% of American consumers cannot rely solely on savings to cover a $2,000 emergency expense, and 31% cannot even afford an unexpected expense of $500. In 2024, a record 37% of respondents indicated that inflation and prices are their primary financial challenges, up from 35% in 2023, 33% in 2022, and 8% in 2016. -Original

2. Musk Deletes Tweet About Trump’s Involvement in Epstein Files, Sparking Widespread Attention

Musk has deleted a tweet revealing that "Trump appears in the Epstein files." Previously, Musk tweeted, "It's time to drop a real bomb: Trump appears in the Epstein files. This is the real reason these files have not been made public. Have a great day, DJT!" Note from BlockBeats: Epstein was charged with sex trafficking and sexual assault of minors, accused of running a sex trafficking network involving celebrities, wealthy individuals, and political figures. He "committed suicide" in prison in 2019, and the cause of death remains controversial, sparking numerous conspiracy theories. -Original

3. Deutsche Bank Plans to Issue Its Own Crypto Stablecoin, Potentially Driving Innovation in Traditional Banking

4. U.S. Vice President Vance Calls for Musk's Return, Strengthening Cooperation Expectations

According to Odaily Planet Daily, U.S. Vice President Vance expressed hope for Musk's return. -Original

5. Nasdaq-listed Heritage Distilling Announces Transformation into a Crypto Product Company and Accepts Bitcoin Payments

Heritage Distilling, a Nasdaq-listed spirits manufacturer (stock code: CASK), has officially established a cryptocurrency financial reserve strategy and is transitioning from traditional consumer packaged goods to products built on blockchain technology and cryptocurrency integration, becoming a crypto product company. It also announced that its pre-sale products will support Bitcoin purchases. -Original

6. AIDAv2 CEO Invited for Exclusive Interview with Morgan Stanley to Discuss DeFi and Traditional Finance Cooperation Opportunities

AIDAv2 CEO Jason was invited for an exclusive interview with Morgan Stanley, where he had an in-depth discussion with Ryan G. Chang from Morgan Stanley's wealth management division about the future interactions and developments between decentralized finance (DeFi) and traditional finance (TradFi). Recently, Morgan Stanley announced plans to offer cryptocurrency trading services to its clients. AIDAv2 CEO Jason emphasized, "As traditional financial institutions gradually enter the DeFi space, cooperation between decentralized finance and traditional finance will bring more innovation and opportunities to the future financial ecosystem." -Original

7. Hong Kong Securities and Futures Commission Issues Guidelines to Prevent Unauthorized Transactions in Client Accounts

The Hong Kong Securities and Futures Commission officially announced that it has noticed a recent increase in phishing scams involving impersonated licensed corporations sending fraudulent text messages. Scammers deceive clients into clicking links contained in mobile text messages, redirecting them to websites similar to those of licensed corporations, capturing clients' usernames, login passwords, and authentication information, thereby accessing clients' accounts with licensed corporations to conduct unauthorized transactions. Therefore, guidelines have been issued to licensed corporations to prevent unauthorized transactions in client accounts. Clients who disclose their account login information to unverified websites or discover unauthorized transactions in their accounts should contact their licensed corporation and report to the police as soon as possible. -Original

8. Bitcoin Core Developers Emphasize User Freedom of Choice to Maintain Decentralized Network

The Bitcoin Core Project released a statement stating that Bitcoin is a network defined by its users, who have the ultimate freedom of choice to run any software they wish to use (regardless of whether it is fully verified) and to implement any policies they wish to follow. Contributors to Bitcoin Core do not have the authority to enforce what rules users must follow. This principle is reflected in long-standing practices: Bitcoin Core software does not support automatic updates. This means that no entity can unilaterally push changes to Bitcoin Core users. All changes must be actively chosen by users to upgrade to new software versions or to choose different software. This freedom to run any software is the primary safeguard for the Bitcoin network against external coercion. "As developers of Bitcoin Core, we also believe we have a responsibility to ensure that the Bitcoin core software operates its core functions—validating and relaying blocks and transactions—in the most efficient and reliable manner, thereby supporting Bitcoin's success as a decentralized digital currency. In terms of transaction relaying, Bitcoin Core may adopt certain strategies, such as: denial-of-service (DoS) protection mechanisms; fee assessment strategies; but we will not prevent the relaying of transactions that have ongoing economic demand and can be reliably packed into blocks. Our goals in designing transaction relaying strategies include: · Predicting which transactions will be packed into blocks (which is crucial for fee estimation, RBF (fee acceleration), and is the basis for many DoS protection strategies); · Accelerating the propagation speed of blocks containing transactions that are about to be packed, reducing network latency, and preventing large miners from gaining an unfair advantage; · Helping miners to be promptly informed of transactions with fees, thereby avoiding their reliance on external private transaction submission channels that weaken mining decentralization. If we deliberately refuse to relay transactions that miners will ultimately pack, it will force users to rely on other communication methods, which would undermine the above goals." -Original

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