Hot topics on August 29

Web3 hot topics on August 29

1. The number of initial jobless claims in the United States for the week ending August 24 was 231,000

The number of initial jobless claims in the United States for the week ending August 24 was 231,000, which was expected to be 232,000, and the previous value was revised from 232,000 to 233,000.

2. Telegram founder was prosecuted and released under supervision

The Paris prosecutor's office issued a press release on Wednesday evening stating that Durov was prosecuted and released under judicial supervision, requiring a 5 million euro deposit, reporting to the police station twice a week, and prohibited from leaving France.

3. Nvidia's second-quarter revenue reached $30 billion

On August 29, Nvidia (NVDA.O)'s Q2 revenue in fiscal 2025 reached $30 billion, compared with $13.507 billion in the same period last year, and the market expected $28.61 billion. Data center revenue for fiscal year 2025 was $26.3 billion, and the forecast was $25.08 billion.

4. TON network resumed normal operation

Telegram Wallet posted a message on the official TG channel this morning stating that the TON network is now fully operational after experiencing another block interruption in the early hours of this morning. Asset withdrawals based on TON and deposits in wallets will be credited in due course.

5. The probability of the Fed cutting interest rates by 25 basis points in September is 63%

CME "Fed Watch" data shows that the probability of the Fed cutting interest rates by 25 basis points in September is 63%, and the probability of a 50 basis point cut is 37%.

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