i am bullish on solana.i: if you think about how nfp's -- there are days you are competing hard. there are days where you see more and fts by dollar volume even more than ethereum. how do you see the competition laying out? when and do you think you can be the more dominant player? anatoly: i want to congratulate the company that is a premier marketplace for record-breaking volumes. that has been amazing. because it is so cheap and fast, when folks experience a, they feel like they are using a regular web application and it's hard to go back. i hope the trend continues and accelerate. sonali: nft's are under the eye of regulators, what type of regulatory risk is there for both of these products tied to ecosystems? anatoly: folks have to be careful. the vast majority are community-based things that are fun and brands around an idea of a shared profile. those are pretty far from what most would consider a security. you need to be careful. emily: i have to ask you about ethereum. i'm curious what your thoughts

the cofounder of solana labs. we appreciate it.g up, how crypto is colliding with mobile carriers. that is next. this is bloomberg. >> bloomberg television is brought to you by service now. ♪ >> colliding in a new deal between t-mobile and the block chains nonetheless. t-mobile has addressed a five year exclusive agreement and they are looking for a new experience. they plan to launch helium mobile which is the first crypto powered mobile service. that means customers earned crypto for which reason the network while saving money. a mere, how does this work? >> this is the world's first crypto carrier. you can think of it from a consumer point of view from the existing mobile plan. we had a nice app. they should be very seamless. this is a cryptocurrency welder. using the network in the form of mobile token and they actually get to build and on the infrastructure. you can think of this as similar to airbnb and uber. you are not only a user of the network but also part of the infrastructure. >> if you want to use this, how do you sig

the arraignment for rafa solana was scheduled for this afternoon, but has been pushed to monday in just the past few minutes the family texted me to say the cps has informed them. they will not release the girls to the father and grandmother for at least three to four weeks. i'll be following up on that and more issues in the story then i'mma all right, dan. thank you so much, san jose police are negotiating with a domestic violence suspect who's been barricaded in a home for the last seven hours. it's happening on rancho drive near capitol expressway in monterey road. police. say the man is armed but believed to be alone policing negotiators are working toward a peaceful resolution, and we do want you to know if you need an ally to deal with issues like domestic violence. you can find one by going to abc 7news.com/take action. all right in the east bay. we are learning new details about the tragic double murder of an east bay nurse and her husband all as the suspect and alameda county sheriff's office deputy made an appearance in court abc 7 news. anchor dion lem has the latest now fro

the arraignment for rafa solana was scheduled for this afternoon, but has been pushed to monday late today. the family texted me to say that cps has informed them. they will not release the girls to the father and grandmother for at least three to four weeks. i'll be following up on this dananama. dan thank you very much. if you need an ally when it comes to issues like domestic violence, you can find one by going to abc 7 news.com slash take action. and now an update on another item story that dan noyes broke the violent to rest by san rafael police of a gardener who had an open beer leaving him with a broken nose and concussion. we know who has been chosen to lead the independent investigation into the incident a former police officer the san rafael city attorney announced it less than an hour ago. the choice is paul henry of independent investigative consultants, and we spent 27 years with the santa rosa police department -- noise spoke to the gardener's warrior about this his response cops should not be investigating cops. while still to come for thousands of people in the north

. >> solana the kron. 4 morning news.fety tips to keep in mind if you plan to go swimming today, want you to be safe out there, john? yeah, definitely be wary of those water conditions right along the coastline because so many people are going to be escaping the heat, trying to get a little closer to the coast. >> i'd say first and foremost, stay hydrated and get to some a e c and with temperatures as hot as they will be up to 110 or above. these are dangerously hot conditions over a series of days. i'll talk about how long this heat is lasting in >> 8.15, is the time. and as the heat intensifies, safety officials are urging you to be really careful. you're going to be outside today on this labor day. fact crush paul tsongas shares with us some safety tips. if you're going to be on the water. >> after a brutal heat wave shows no signs of slowing down some near our local waterways are keeping the theme energy, but nice and cold. will read to pull down, gustavo, roscoe and his family have been at least 40 of beach along the

for the mental competency exam family members of karina castro told our dan noise last week that solana was schizophrenic and on medication san mateo county district attorney. steve wagstaff says that so far the call for the competency exam prolongs the preliminary hearing and trial. we don't believe this is going to allow him to go go free whether or not depending on the outcome of this it isn't like suddenly if you're not competent to stand trial that you get to go free family members of karina castro left the san mateo county courthouse in tears two emotional to speak with us after getting their first. look at solano since her murder both law enforcement and castro's family say that solano had been violent with her leading her to get a restraining order against him in april, but they said castro never called police when solano violated the order i completely am no way. i'm critical of the victim in this it's something that we see constantly in the domestic violence arena. such so often they you know, there's something called, you know the cycle of domestic violence. and this is one o

been a barometer for the tech trade we are seeing green arrows here for bitcoin and ethereum and solana. >>> and fed president raphael bostic spoke yesterday and reiterated the 2% inflation target he said there is positive momentum in the economy and his words some ability for the economy to absorb the fed actions. >> we need to have slowdown. no question about that i do think that we're going to do all we can at the federal reserve to avoid deep, deep pain it's not going to be easy. there will be likely job losses. if you look over the historical history here and the economic experiences ourks there's a really good chance if we have job losses, it will be smaller than other situations. >> it sounds good, butpresents the fed with a prop. that is the topsy-turvy blunt industry the fed deploys every month, we have gotten a strong number. stronger than people thought any normal time normal people and any normal time you would say good in this setting, it should allow the fed, you would think maybe, to raise rates and if employment stays strong, it could be a soft landing. >> exactly >> exc