• Matt Hougan, Chief Investment Officer of Bitwise, wants the U.S. Securities and Exchange Commission (SEC) to delay approval of a spot Ethereum ETF until December. He believes that the asset management industry pays too much attention to Bitcoin products and fails to pay enough attention to the development potential of Ethereum ETFs.

  • FTX Digital’s joint official liquidators plan to distribute the first tranche of funds to creditors before the end of 2024. This has been a common goal throughout FTX’s bankruptcy process, involving bankruptcy protection proceedings in the U.S. courts of Delaware and FTX Digital’s official liquidation process. The parties to the bankruptcy estate have agreed to work together to ensure that creditors can bring claims against either entity and are guaranteed to receive no less than the value they deserve.

  • Meme project LADYS announced that due to Solana network congestion, the opening of the LADYF token claim portal will be delayed. This delay reflects the current challenges facing the Solana network and the impact on the project's progress.

  • Blockchain analysis company Glassnode disclosed that Bitcoin price performance is very similar to the 2018-2021 cycle. Since hitting a high of $73,100 on March 13, Bitcoin price has retreated 15.4% to $61,800 before recovering to the $70,000 range. During this period, Bitcoin investors made more than $2.6 billion in profit from selling, and 2 million Bitcoins turned from profit to loss.

  • There’s been activity in the crypto gaming space this week, involving well-known games and token airdrops. Call of Duty players encounter malware-laced cheats, Notcoin game to end mining phase and plan airdrops. Solana-based Nyan Heroes game releases preview, Parallel Games team raises $35 million for expansion For more details, please visit the original link.

  • Huang Licheng is accused of using his fame to carry out multiple "leeks" in the cryptocurrency field, involving several projects and hundreds of millions of dollars. Most recently, he made tens of millions of dollars by raising money through the meme project Bobaoppa and then devaluing it significantly. Huang Licheng has been involved in many other projects in the past, which are usually characterized by anonymous teams, imitation of other people's projects, short life cycles, and often involve huge financial losses. This incident triggered discussions on the regulation of the cryptocurrency field.

  • Filecoin, Helium, Shadow Token, Aethir, and Grass. These projects demonstrate innovation and potential in decentralized storage, computing, wireless networks and other fields. Through the token incentive mechanism, the DePIN project encourages users to contribute and provide value, while demonstrating advantages in resource efficiency and lowering entry barriers. These projects not only promote the practical use of decentralized networks, but also provide powerful case studies.

I have a project that I am very optimistic about. The following article must be read:

  1. In-depth analysis of the core logic of the XAI project

  2. Understanding XAI staking mechanism and ecological development

  3. Understand and run Xai nodes to earn XAI tokens

  4. Game public chain Xai: Binance Square database


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