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Full text of Trump's speech "I approve of cryptocurrencies!" Why did World Liberty FInancial issue currency WLFI?US presidential candidate Trump chatted about his understanding of Crypto for 30 minutes on Twitter Space. The 78-year-old veteran, who had experienced two assassination attempts in less than two months, continued to express his love for Crypto and attack He Jinli during the live broadcast. This article originates from Trump Twitter Space content, organized, streamlined, and written by BlockBeats. (Preliminary summary: Will Trump’s encryption project World Liberty Financial be the savior of Ethereum? Lending and issuance of $WLFI are backed by SEC supervision) (Background supplement: Trump encountered another assassination attempt! The suspect held an AK-47 to refute the FBI, FIGHT fans The currency jumped 70%) The Trump family’s cryptocurrency project World Liberty Financial has just announced its own token distribution. 63% of WLFI tokens will be sold to the public, 17% will be used for user rewards, and the remaining 20% ​​will be used for team. This is a rare milestone or turning point in DeFi, which has been dormant for many years. After all, it was at the presidential level who made the final decision in person. World Liberty FInancial plans to provide cryptocurrency lending services on the Ethereum blockchain network. It will be more "user friendly" and accessible than existing solutions, and will be based on the non-transferable WLFI governance token. And it will be compliant. Before announcing the token distribution, Trump chatted about his understanding of Crypto for 30 minutes on Twitter Space. The 78-year-old veteran, who had experienced two assassination attempts in less than two months, continued to express his love for Crypto and attack He Jinli during the live broadcast. He praised his children’s love for cryptocurrencies, endorsed its growth, and was astonished at the success of NFT offerings versus the ratio of payments via cryptocurrencies. TL;DR ・Thanks to the Secret Service for the second protection as usual ・Opinions on the current political environment, including criticism of the Democratic Party ・Support for cryptocurrency, believing that the United States should become the global center of cryptocurrency, and mentioning members of his own family Participation and influence in the field of cryptocurrency・The success of the launched NFT project and the awareness of cryptocurrency payment methods through this project emphasizes the potential of cryptocurrency in the art and collectibles market・Highlights that the United States remains a leader in technological innovation The importance of status, including in the fields of artificial intelligence, cryptocurrency and other emerging technologies. Can you talk about the assassination attempt that just happened? Trump: We heard gunshots in the air, about four or five, and the Secret Service knew immediately That was the bullet, I was with an agent, there was no question we were leaving that ballpark.Actually I was hoping to hit the last ball in. There were gunfire because Secret Service agents saw an AK-47, a very powerful rifle, and began shooting at the AK-47's location. The suspect jumped in the car, someone photographed the license plate and he was tracked down the highway within a fairly short period of time and eventually caught, the Secret Service did a great job. This is the second time in your life that something like this has happened in less than two months. What do you think? Trump: Well, there's a lot of talk right now, and it seems like both of these guys are radical leftists, and the first one they should know more about, has behavior that hasn't been made public, which is very strange, the shooter's father was found in Pennsylvania. The biggest lawyer, it's weird, I was down and the Secret Service was right there and the bullets were flying right over their heads and they weren't hit but three other guys were hit and they were presumed dead, But the other two actually survived. Usually when we hear the sound of bullets, we will hear a lot of bullets, a large group of people will always start running, there will be a stampede, and when they stampede, there will be many casualties, but they will not have anyone running, thousands of people , no one ran, in fact some of them stood up looking for the gunman and saw the man with the gun. I mean maybe this is God wanting me as president to save this country, no one knows, but when I turn to the right, it's very unusual because people are not on the right, people are standing in front of me when As my head turned at a precise 90-degree angle, the bullet whizzed by and grazed my ear. You've got it all, but after your life has been threatened so many times, you're still here, you've been President of the United States of America, you're about to become President of the United States of America again, why are you doing this? What inspires you? Trump: We have a country in trouble, a country that I love, I love the people of this country, my supporters love this country, and they hate to see what's happening to this country when you have 21 million people from around the world Everywhere, from prisons, from mental hospitals and lunatic asylums, you know they're different, they're coming in as terrorists, they're coming into our country at unprecedented levels, they're taking over our towns, they're taking over the small cities and the big cities, Look at New York, look at Chicago, look at Los Angeles, thousands of these people, many of them are rough people in many situations. If you look at Colorado, you have a governor who doesn't know what he's doing, he's scared out there, he doesn't know what to say, Venezuelan gang members are actually taking over real estate, and they're being in a very different way Real estate developers, they take over buildings, everyone is afraid of them, they have AK-47s, they have MS-13s, it's a bad gang, we're going to clean them out, we're going to get them out. I love this country and we are going to make America great again and we are going to be able to do it, we have done it before and we will do it again and it will be easier this time. The situation at the border this time is worse than ever, it's the worst border ever, they're not doing the job they have to do and as for Kamala, she's a border czar, she's a Marxist, she Wants to tax everyone so they can't operate, she wants to raise taxes to 70-80%, she wants an unrealized capital gains tax, which is the craziest thing I've ever heard of, if she comes into power, We'll end up in a depression. Cryptocurrency is trying to change the financial system, but it always feels like there is some force against us. Do you feel the same way, that there is some force against you? Trump: There are a lot of bad things in the world. I want to solve the Russia-Ukraine problem, the inflation problem, we are withdrawing from Afghanistan, but with dignity and strength. It was the most embarrassing moment in the history of our country, frankly. , if not for that, Russia would never have entered Ukraine. If I don't win, it's only going to get worse and we're going to end up with Venezuela and we're going to have a Great Depression like 1929 and we have to make sure that this guy doesn't come to power and we can't have a Marxist communist president and we're going to have Our country is greater than ever and you're going to be happy and you're going to love your crypto and as long as you have crypto you're happy so I want to make sure you're happy and you mentioned that "America should be a crypto Money Capital of the World", why not now? Trump: Well, now you have a very hostile SEC, government against cryptocurrencies, and no one understands why. My attitude is different. If we don't do it, other countries will do it. We have to be the biggest and the best. When you see the value and when you add everything up, this...

Full text of Trump's speech "I approve of cryptocurrencies!" Why did World Liberty FInancial issue currency WLFI?

US presidential candidate Trump chatted about his understanding of Crypto for 30 minutes on Twitter Space. The 78-year-old veteran, who had experienced two assassination attempts in less than two months, continued to express his love for Crypto and attack He Jinli during the live broadcast. This article originates from Trump Twitter Space content, organized, streamlined, and written by BlockBeats. (Preliminary summary: Will Trump’s encryption project World Liberty Financial be the savior of Ethereum? Lending and issuance of $WLFI are backed by SEC supervision) (Background supplement: Trump encountered another assassination attempt! The suspect held an AK-47 to refute the FBI, FIGHT fans The currency jumped 70%) The Trump family’s cryptocurrency project World Liberty Financial has just announced its own token distribution. 63% of WLFI tokens will be sold to the public, 17% will be used for user rewards, and the remaining 20% ​​will be used for team. This is a rare milestone or turning point in DeFi, which has been dormant for many years. After all, it was at the presidential level who made the final decision in person. World Liberty FInancial plans to provide cryptocurrency lending services on the Ethereum blockchain network. It will be more "user friendly" and accessible than existing solutions, and will be based on the non-transferable WLFI governance token. And it will be compliant. Before announcing the token distribution, Trump chatted about his understanding of Crypto for 30 minutes on Twitter Space. The 78-year-old veteran, who had experienced two assassination attempts in less than two months, continued to express his love for Crypto and attack He Jinli during the live broadcast. He praised his children’s love for cryptocurrencies, endorsed its growth, and was astonished at the success of NFT offerings versus the ratio of payments via cryptocurrencies. TL;DR ・Thanks to the Secret Service for the second protection as usual ・Opinions on the current political environment, including criticism of the Democratic Party ・Support for cryptocurrency, believing that the United States should become the global center of cryptocurrency, and mentioning members of his own family Participation and influence in the field of cryptocurrency・The success of the launched NFT project and the awareness of cryptocurrency payment methods through this project emphasizes the potential of cryptocurrency in the art and collectibles market・Highlights that the United States remains a leader in technological innovation The importance of status, including in the fields of artificial intelligence, cryptocurrency and other emerging technologies. Can you talk about the assassination attempt that just happened? Trump: We heard gunshots in the air, about four or five, and the Secret Service knew immediately That was the bullet, I was with an agent, there was no question we were leaving that ballpark.Actually I was hoping to hit the last ball in. There were gunfire because Secret Service agents saw an AK-47, a very powerful rifle, and began shooting at the AK-47's location. The suspect jumped in the car, someone photographed the license plate and he was tracked down the highway within a fairly short period of time and eventually caught, the Secret Service did a great job. This is the second time in your life that something like this has happened in less than two months. What do you think? Trump: Well, there's a lot of talk right now, and it seems like both of these guys are radical leftists, and the first one they should know more about, has behavior that hasn't been made public, which is very strange, the shooter's father was found in Pennsylvania. The biggest lawyer, it's weird, I was down and the Secret Service was right there and the bullets were flying right over their heads and they weren't hit but three other guys were hit and they were presumed dead, But the other two actually survived. Usually when we hear the sound of bullets, we will hear a lot of bullets, a large group of people will always start running, there will be a stampede, and when they stampede, there will be many casualties, but they will not have anyone running, thousands of people , no one ran, in fact some of them stood up looking for the gunman and saw the man with the gun. I mean maybe this is God wanting me as president to save this country, no one knows, but when I turn to the right, it's very unusual because people are not on the right, people are standing in front of me when As my head turned at a precise 90-degree angle, the bullet whizzed by and grazed my ear. You've got it all, but after your life has been threatened so many times, you're still here, you've been President of the United States of America, you're about to become President of the United States of America again, why are you doing this? What inspires you? Trump: We have a country in trouble, a country that I love, I love the people of this country, my supporters love this country, and they hate to see what's happening to this country when you have 21 million people from around the world Everywhere, from prisons, from mental hospitals and lunatic asylums, you know they're different, they're coming in as terrorists, they're coming into our country at unprecedented levels, they're taking over our towns, they're taking over the small cities and the big cities, Look at New York, look at Chicago, look at Los Angeles, thousands of these people, many of them are rough people in many situations. If you look at Colorado, you have a governor who doesn't know what he's doing, he's scared out there, he doesn't know what to say, Venezuelan gang members are actually taking over real estate, and they're being in a very different way Real estate developers, they take over buildings, everyone is afraid of them, they have AK-47s, they have MS-13s, it's a bad gang, we're going to clean them out, we're going to get them out. I love this country and we are going to make America great again and we are going to be able to do it, we have done it before and we will do it again and it will be easier this time. The situation at the border this time is worse than ever, it's the worst border ever, they're not doing the job they have to do and as for Kamala, she's a border czar, she's a Marxist, she Wants to tax everyone so they can't operate, she wants to raise taxes to 70-80%, she wants an unrealized capital gains tax, which is the craziest thing I've ever heard of, if she comes into power, We'll end up in a depression. Cryptocurrency is trying to change the financial system, but it always feels like there is some force against us. Do you feel the same way, that there is some force against you? Trump: There are a lot of bad things in the world. I want to solve the Russia-Ukraine problem, the inflation problem, we are withdrawing from Afghanistan, but with dignity and strength. It was the most embarrassing moment in the history of our country, frankly. , if not for that, Russia would never have entered Ukraine. If I don't win, it's only going to get worse and we're going to end up with Venezuela and we're going to have a Great Depression like 1929 and we have to make sure that this guy doesn't come to power and we can't have a Marxist communist president and we're going to have Our country is greater than ever and you're going to be happy and you're going to love your crypto and as long as you have crypto you're happy so I want to make sure you're happy and you mentioned that "America should be a crypto Money Capital of the World", why not now? Trump: Well, now you have a very hostile SEC, government against cryptocurrencies, and no one understands why. My attitude is different. If we don't do it, other countries will do it. We have to be the biggest and the best. When you see the value and when you add everything up, this...
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Apple stock plummets! iPhone 16 shipments are "faster" suggesting weak demand; Microsoft vigorously repurchases 60 billion magnesium sharesAnalysts pointed out that after pre-orders for Apple's new iPhone 16 series of mobile phones were launched, the estimated first-week shipments and shipping time showed that the market demand for the iPhone 16 was relatively low, which also triggered the recent decline in Apple's stock price. (Preliminary summary: Apple’s press conference was super boring, Apple fans lamented: iPhone 16 lacks innovation and is insincere) (Background supplement: Buffett’s prediction! Sold Apple and Bank of America stocks in advance, and easily hit the stock market crash with a lot of cash) Technology giant Apple ( Apple) officially brought the newly designed iPhone 16 series mobile phones at its global launch event held on September 10, and promoted its self-developed AI technology Apple Intelligence as a selling point. The new phones not only have significant changes in appearance, but also A dedicated camera button has been added, and the entire series is equipped with A18 chips to improve overall performance. Demand for iPhone 16 is weak. However, after iPhone 16 opened for pre-order on the 13th, TF International Securities analyst Ming-Chi Kuo posted on Medium that according to supply chain data, Apple’s pre-order sales in the first weekend only reached 37 million units, which was lower than last year’s. The 15 series will drop by about 12.7%, and the demand for Pro models is even lower than expected. Image source: Analyst Ming-Chi Kuo Medium In addition, according to statistics from BofA Global Research, the average shipping time of iPhone 16 Pro is currently 14 days, which is lower than the 24 days of iPhone 15 Pro last year. Max's shipping time is 19 days, compared with 32 days last year. The shortened shipping time also seems to indicate that the market demand for Apple's 16 series is relatively weakened. Regarding the performance of Apple’s 16 series after its release, Kuo Ming-Chi said that the main reason was that Apple’s main selling point, Apple Intelligence, was not launched at the launch. It is understood that Apple Intelligence is expected to launch an English beta version in the United States next month, while other language versions may not be available until next year at the latest. This may make some consumers take a wait-and-see attitude towards upgrading to the iPhone 16 series, which has led to market demand. Weak. Apple's stock price fell 2.78% after the market closed. Perhaps affected by the recent poor sales of the Apple 16 series, Apple's stock price also fell 2.78% to $216.32 after the market closed today, a decline of 4.24% in the past month. Microsoft approves 60 billion magnesium stock repurchase plan It is also worth mentioning that the US technology giant Microsoft also said today that its board of directors has approved a new stock repurchase plan that will be as high as $60 billion. At the same time, Microsoft also announced that it would raise its quarterly dividend by 10% to $0.83 per share, an increase of 8 cents from the previous quarter. Whether Microsoft's action implies optimism about the prospects of the stock market and whether it can become a major factor in promoting the rise of the stock market deserves our continued attention. Related reports: Apple and Google "lost their lawsuits in court" and imposed a heavy fine of 15 billion euros. The EU: No matter how powerful it is, it cannot surpass the law. Apple's next generation trump card? It is rumored that a desktop robot with a robotic arm will be launched in 2026, and the price is revealed. OpenAI launches a new model GPT-4o mini: the most cost-effective and free to use. Apple iPhone will be introduced this fall. <Apple stocks fell! iPhone 16 shipments are "faster" suggesting weak demand; Microsoft vigorously repurchases 60 billion magnesium shares> This article was first published in BlockTempo "Dongqu Dongzhi - the most influential blockchain news media".

Apple stock plummets! iPhone 16 shipments are "faster" suggesting weak demand; Microsoft vigorously repurchases 60 billion magnesium shares

Analysts pointed out that after pre-orders for Apple's new iPhone 16 series of mobile phones were launched, the estimated first-week shipments and shipping time showed that the market demand for the iPhone 16 was relatively low, which also triggered the recent decline in Apple's stock price. (Preliminary summary: Apple’s press conference was super boring, Apple fans lamented: iPhone 16 lacks innovation and is insincere) (Background supplement: Buffett’s prediction! Sold Apple and Bank of America stocks in advance, and easily hit the stock market crash with a lot of cash) Technology giant Apple ( Apple) officially brought the newly designed iPhone 16 series mobile phones at its global launch event held on September 10, and promoted its self-developed AI technology Apple Intelligence as a selling point. The new phones not only have significant changes in appearance, but also A dedicated camera button has been added, and the entire series is equipped with A18 chips to improve overall performance. Demand for iPhone 16 is weak. However, after iPhone 16 opened for pre-order on the 13th, TF International Securities analyst Ming-Chi Kuo posted on Medium that according to supply chain data, Apple’s pre-order sales in the first weekend only reached 37 million units, which was lower than last year’s. The 15 series will drop by about 12.7%, and the demand for Pro models is even lower than expected. Image source: Analyst Ming-Chi Kuo Medium In addition, according to statistics from BofA Global Research, the average shipping time of iPhone 16 Pro is currently 14 days, which is lower than the 24 days of iPhone 15 Pro last year. Max's shipping time is 19 days, compared with 32 days last year. The shortened shipping time also seems to indicate that the market demand for Apple's 16 series is relatively weakened. Regarding the performance of Apple’s 16 series after its release, Kuo Ming-Chi said that the main reason was that Apple’s main selling point, Apple Intelligence, was not launched at the launch. It is understood that Apple Intelligence is expected to launch an English beta version in the United States next month, while other language versions may not be available until next year at the latest. This may make some consumers take a wait-and-see attitude towards upgrading to the iPhone 16 series, which has led to market demand. Weak. Apple's stock price fell 2.78% after the market closed. Perhaps affected by the recent poor sales of the Apple 16 series, Apple's stock price also fell 2.78% to $216.32 after the market closed today, a decline of 4.24% in the past month. Microsoft approves 60 billion magnesium stock repurchase plan It is also worth mentioning that the US technology giant Microsoft also said today that its board of directors has approved a new stock repurchase plan that will be as high as $60 billion. At the same time, Microsoft also announced that it would raise its quarterly dividend by 10% to $0.83 per share, an increase of 8 cents from the previous quarter. Whether Microsoft's action implies optimism about the prospects of the stock market and whether it can become a major factor in promoting the rise of the stock market deserves our continued attention. Related reports: Apple and Google "lost their lawsuits in court" and imposed a heavy fine of 15 billion euros. The EU: No matter how powerful it is, it cannot surpass the law. Apple's next generation trump card? It is rumored that a desktop robot with a robotic arm will be launched in 2026, and the price is revealed. OpenAI launches a new model GPT-4o mini: the most cost-effective and free to use. Apple iPhone will be introduced this fall. <Apple stocks fell! iPhone 16 shipments are "faster" suggesting weak demand; Microsoft vigorously repurchases 60 billion magnesium shares> This article was first published in BlockTempo "Dongqu Dongzhi - the most influential blockchain news media".
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Taiwan's stock market may become "the largest ATM for foreign investment". Will the market continue to fall after the U.S. interest rate cut?Taiwan's stock market closed higher before the Mid-Autumn Festival and its performance was relatively stable. However, due to uncertain factors such as the Federal Reserve's interest rate cut and the Japanese yen carry trade, it is still unclear whether the decline will continue after the Fed's interest rate cut. However, Zhu Chengzhi, chairman of Wanbao Investment Consulting, pointed out that the market There is a higher chance of a positive interpretation of the Fed's interest rate cut. After all, Taiwan stocks have passed the stage of heavy selling by foreign investors. (Preliminary summary: Is it possible to save the Taiwan stock market from plummeting? Stock Exchange: No plans to take action at the moment, the market is paying close attention to the movements of the National Security Fund) (Background supplement: Instructions for new investors" What is TSMC ADR and how to trade it? Why is there a large price difference with Taiwan stocks? ? ) Since the beginning of this year, the U.S. stock market has been rising steadily due to the promotion of AI and other technology stocks. The S&P 500 index has hit record highs many times, and investors have profited from the bull market. On the other hand, Taiwan’s stock market, although TSMC is also in charge, has continued to rise this year. Facing a sell-off by foreign investors, net selling exceeded funds by as much as US$15.98 billion, making it the market with the largest number of foreign withdrawals among Asian stock markets. Will stocks continue to fall after the US Federal Reserve cuts interest rates? It is worth noting that as the U.S. Federal Reserve is about to start cutting interest rates this week, the dark clouds hanging over the Taiwan stock market do not seem to have lifted. In the battle royale of the global capital market in early August, Taiwan's stock market suffered a disaster that collapsed by thousands of points. Now the Fed is about to cut interest rates. The extent of the rate cut reflects the Fed's expectations for the prospects of the U.S. economy, and whether the Japanese yen arbitrage trade will once again trigger unwinding of positions. Disasters, as well as the stability of the geopolitical situation in the Middle East and other factors, will affect the next trend of Taiwan stocks. Therefore, after the Fed announces an interest rate cut, whether funds from Taiwan stocks will continue to flow out deserves our continued attention. Taiwan stocks closed higher before the Mid-Autumn Festival. However, investors were gratified that Taiwan stocks shrank in volume on the trading day before the Mid-Autumn Festival. The weighted index closed at 21,850.08 points, standing above the monthly line of about 21,839 points, up 90.43 points, with a transaction value of NT$ 236.053 billion yuan, which is a relatively stable performance. In this regard, Chen Yiguang, chairman of First Financial Investment Consulting, also said in an interview that the Federal Reserve's interest rate cut is relatively beneficial to Taiwan stocks. The market also expects TSMC's revenue in the third quarter to exceed that in the second quarter, a single quarter. Earnings per share are about 10 yuan, which is favorable for stock price performance and further drives the trend of Taiwanese stocks. In addition, Zhu Chengzhi, chairman of Wanbao Investment Consulting, also pointed out that the market is more likely to make a positive interpretation of the Fed's interest rate cut. After all, Taiwan stocks have passed the stage of foreign capital selling, and foreign capital has oversold from July to September 11. Over NT$730 billion, whether the Federal Reserve cuts interest rates by 1 or 2 points, it will cause the US dollar to depreciate and the New Taiwan dollar to appreciate, thereby attracting foreign investors to buy Taiwan stocks. Related reports Clouded Leopard Energy = Taiwan stock memes? Swallowing 3 stocks in a row and losing tens of billions of market value, investors cried out: Please save me... Taiwan stocks plummeted nearly 1,000 points at the opening, "the worst this year"! TSMC fell more than 5%, Tianfang Energy and Yunbao Energy hit the limit, and Bitcoin lost! AI helped Taiwanese stocks dominate Asia with a 28% rise in the first half of the year, and TSMC soared 64%. Taiwan's stock market may become the "largest ATM for foreign investment." Will the market continue to fall after the U.S. interest rate cut? 〉This article was first published in DongZu BlockTempo "DongZu DongTen - the most influential blockchain news media".

Taiwan's stock market may become "the largest ATM for foreign investment". Will the market continue to fall after the U.S. interest rate cut?

Taiwan's stock market closed higher before the Mid-Autumn Festival and its performance was relatively stable. However, due to uncertain factors such as the Federal Reserve's interest rate cut and the Japanese yen carry trade, it is still unclear whether the decline will continue after the Fed's interest rate cut. However, Zhu Chengzhi, chairman of Wanbao Investment Consulting, pointed out that the market There is a higher chance of a positive interpretation of the Fed's interest rate cut. After all, Taiwan stocks have passed the stage of heavy selling by foreign investors. (Preliminary summary: Is it possible to save the Taiwan stock market from plummeting? Stock Exchange: No plans to take action at the moment, the market is paying close attention to the movements of the National Security Fund) (Background supplement: Instructions for new investors" What is TSMC ADR and how to trade it? Why is there a large price difference with Taiwan stocks? ? ) Since the beginning of this year, the U.S. stock market has been rising steadily due to the promotion of AI and other technology stocks. The S&P 500 index has hit record highs many times, and investors have profited from the bull market. On the other hand, Taiwan’s stock market, although TSMC is also in charge, has continued to rise this year. Facing a sell-off by foreign investors, net selling exceeded funds by as much as US$15.98 billion, making it the market with the largest number of foreign withdrawals among Asian stock markets. Will stocks continue to fall after the US Federal Reserve cuts interest rates? It is worth noting that as the U.S. Federal Reserve is about to start cutting interest rates this week, the dark clouds hanging over the Taiwan stock market do not seem to have lifted. In the battle royale of the global capital market in early August, Taiwan's stock market suffered a disaster that collapsed by thousands of points. Now the Fed is about to cut interest rates. The extent of the rate cut reflects the Fed's expectations for the prospects of the U.S. economy, and whether the Japanese yen arbitrage trade will once again trigger unwinding of positions. Disasters, as well as the stability of the geopolitical situation in the Middle East and other factors, will affect the next trend of Taiwan stocks. Therefore, after the Fed announces an interest rate cut, whether funds from Taiwan stocks will continue to flow out deserves our continued attention. Taiwan stocks closed higher before the Mid-Autumn Festival. However, investors were gratified that Taiwan stocks shrank in volume on the trading day before the Mid-Autumn Festival. The weighted index closed at 21,850.08 points, standing above the monthly line of about 21,839 points, up 90.43 points, with a transaction value of NT$ 236.053 billion yuan, which is a relatively stable performance. In this regard, Chen Yiguang, chairman of First Financial Investment Consulting, also said in an interview that the Federal Reserve's interest rate cut is relatively beneficial to Taiwan stocks. The market also expects TSMC's revenue in the third quarter to exceed that in the second quarter, a single quarter. Earnings per share are about 10 yuan, which is favorable for stock price performance and further drives the trend of Taiwanese stocks. In addition, Zhu Chengzhi, chairman of Wanbao Investment Consulting, also pointed out that the market is more likely to make a positive interpretation of the Fed's interest rate cut. After all, Taiwan stocks have passed the stage of foreign capital selling, and foreign capital has oversold from July to September 11. Over NT$730 billion, whether the Federal Reserve cuts interest rates by 1 or 2 points, it will cause the US dollar to depreciate and the New Taiwan dollar to appreciate, thereby attracting foreign investors to buy Taiwan stocks. Related reports Clouded Leopard Energy = Taiwan stock memes? Swallowing 3 stocks in a row and losing tens of billions of market value, investors cried out: Please save me... Taiwan stocks plummeted nearly 1,000 points at the opening, "the worst this year"! TSMC fell more than 5%, Tianfang Energy and Yunbao Energy hit the limit, and Bitcoin lost! AI helped Taiwanese stocks dominate Asia with a 28% rise in the first half of the year, and TSMC soared 64%. Taiwan's stock market may become the "largest ATM for foreign investment." Will the market continue to fall after the U.S. interest rate cut? 〉This article was first published in DongZu BlockTempo "DongZu DongTen - the most influential blockchain news media".
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zkLink launches "magicLinks" toolkit: become a Web3 user in Telegram with one click and complete multi-chain transactionsmagicLinks simplifies blockchain transactions into short, shareable links. With MagicLink, users don’t need to understand complex blockchain operations; they can click on a link, generate, preview and sign transactions, and then send them to various networks. MagicLink can also be shared on social media or on the website. (Previous summary: zkLink announced the first-stage "Ecological Developer Funding Program" selected list, paving the way for the future of DeFi aggregation) (Background supplement: zkLink in-depth decryption: How to unify liquidity in a multi-chain world? ) This article is a press release , written and provided by zkLink, does not represent the position of Dongzhong, nor is it investment advice, purchase or sale advice. zkLink Labs, developer of the leading Layer 3 (L3) aggregation Rollup network zkLink Nova, announced at the "L3 and ZK Night" Token2049 Singapore event that it has launched a new account abstraction toolkit (account abstraction toolkits). By integrating the account abstraction on its Nova SDK, zkLink helps developers acquire users and provide a better user experience. The roadmap introduces features supported by the latest ERC-7683 and ERC-4337 standards, including passkey authorization, multi-chain smart accounts, and EVM-compatible blockchain links called "magicLinks." According to its announcement, this update will allow developers to attract new user registrations through the newly launched Nova Smart Account wallets (Nova Smart Account wallets) with one click, and enable users to more quickly cross multiple applications and Multiple chains conduct on-chain transactions. Vince Yang, CEO of zkLink, said: "Dapps on the market today require users to perform too many difficult steps to conduct transactions. Native Web3 users are usually OK with the status quo, but there is also a part of the user market that is dissatisfied with this. Through magicLinks, Developers can now provide simple and efficient onboarding services to new users through social media. New users will be able to experience one-click onboarding and Dapp interaction, providing them with "it-just-works" moments so that they can Share with friends and the web with confidence. ” Every users on#web3truly only need:– 1⃣ portal to ALL defi dApps– 1⃣ platform for ALL chains magicLinks is your gateway to a world where multi-chain complexities vanish ONE signal to trump. ALL complex operations Coming pic.twitter.com/0U2krpmSKn — zkLink Nova | Aggregated L3 (@zkLinkNova) September 15, 2024 Telegram’s “one-click” Web3 experience account abstraction update promises to pave the way for a new generation of blockchain use cases and users, with a focus on Telegram and its community. The popular messaging app has more than 950 million users and generates significant revenue from crypto-related activities. According to a recent Financial Times report, Telegram held $400 million in digital assets as of 2023, and a large portion of its revenue appears to come from digital asset-related activities, listed in the "Wallet Integration" and "Collectible Sales" categories Down. Therefore, taking advantage of Telegram’s mini-app functionality, “magicLinks” further develops the messaging platform’s crypto activities by introducing its user-friendly “one-click” user acquisition strategy to the Telegram community. By bundling multiple signature and transaction steps into a single operation, magicLink promises to enable new cross-application, cross-chain synergies. Vince Yang added: "This will be the first time in history that Dapps built on the Layer 2 (L2) chain connected to Nova can easily enter large Telegram communities and acquire users through magicLinks. In addition, magicLinks has also increased deployment Cross-chain synergies between Dapps on other L2 chains have the potential to open up new revenue models for creators, while also reducing drop-off points, customer acquisition costs, and improving the Web3 user experience of Dapps. ” Intent – ​​Thousands of transactions using MagicLink The update introduces ERC-4337 support to the Nova ecosystem, utilizing the standard’s Paymaster mechanism and account abstraction capabilities. Users will be able to choose the token they want to pay for gas fees, while also greatly reducing the steps required to conduct cross-chain activities. It is worth noting that intents (Intents) are supported through the newly launched Actions market "magicPortal". This platform allows developers to pre-set bundled transactions as an Action, which can be used through the API and generate magicLinks. This It is an intent-based URL. The zkLink product manager explained the business model that when a user clicks on magicLink, an "action" containing a pre-customized bundled transaction will be submitted to the open solver (Solver) network.Bundled transactions can be executed upon approval, and selected solvers generate liquidity to facilitate cross-chain transactions. In this case, a solver is similar to a market maker, injecting liquidity across multiple chains to conduct these multi-chain transactions at scale. On the other hand, users will get a simple multi-chain, multi-dapp experience, but the cost is a convenience fee earned by the network and the creators of magicLink. The new update makes zkLink a pioneer in the L3 networking vertical, offering a complete toolkit of account and chain abstraction services within its ecosystem. Users and developers interested in magicLinks can find more information in the official documentation. About zkLink zkLink Nova is the first zkEVM network for Layer 3 aggregation rollups, bringing unprecedented liquidity and asset aggregation to Ethereum and its layer rollups. It uses ZK Stack and zkLi...

zkLink launches "magicLinks" toolkit: become a Web3 user in Telegram with one click and complete multi-chain transactions

magicLinks simplifies blockchain transactions into short, shareable links. With MagicLink, users don’t need to understand complex blockchain operations; they can click on a link, generate, preview and sign transactions, and then send them to various networks. MagicLink can also be shared on social media or on the website. (Previous summary: zkLink announced the first-stage "Ecological Developer Funding Program" selected list, paving the way for the future of DeFi aggregation) (Background supplement: zkLink in-depth decryption: How to unify liquidity in a multi-chain world? ) This article is a press release , written and provided by zkLink, does not represent the position of Dongzhong, nor is it investment advice, purchase or sale advice. zkLink Labs, developer of the leading Layer 3 (L3) aggregation Rollup network zkLink Nova, announced at the "L3 and ZK Night" Token2049 Singapore event that it has launched a new account abstraction toolkit (account abstraction toolkits). By integrating the account abstraction on its Nova SDK, zkLink helps developers acquire users and provide a better user experience. The roadmap introduces features supported by the latest ERC-7683 and ERC-4337 standards, including passkey authorization, multi-chain smart accounts, and EVM-compatible blockchain links called "magicLinks." According to its announcement, this update will allow developers to attract new user registrations through the newly launched Nova Smart Account wallets (Nova Smart Account wallets) with one click, and enable users to more quickly cross multiple applications and Multiple chains conduct on-chain transactions. Vince Yang, CEO of zkLink, said: "Dapps on the market today require users to perform too many difficult steps to conduct transactions. Native Web3 users are usually OK with the status quo, but there is also a part of the user market that is dissatisfied with this. Through magicLinks, Developers can now provide simple and efficient onboarding services to new users through social media. New users will be able to experience one-click onboarding and Dapp interaction, providing them with "it-just-works" moments so that they can Share with friends and the web with confidence. ” Every users on#web3truly only need:– 1⃣ portal to ALL defi dApps– 1⃣ platform for ALL chains magicLinks is your gateway to a world where multi-chain complexities vanish ONE signal to trump. ALL complex operations Coming pic.twitter.com/0U2krpmSKn — zkLink Nova | Aggregated L3 (@zkLinkNova) September 15, 2024 Telegram’s “one-click” Web3 experience account abstraction update promises to pave the way for a new generation of blockchain use cases and users, with a focus on Telegram and its community. The popular messaging app has more than 950 million users and generates significant revenue from crypto-related activities. According to a recent Financial Times report, Telegram held $400 million in digital assets as of 2023, and a large portion of its revenue appears to come from digital asset-related activities, listed in the "Wallet Integration" and "Collectible Sales" categories Down. Therefore, taking advantage of Telegram’s mini-app functionality, “magicLinks” further develops the messaging platform’s crypto activities by introducing its user-friendly “one-click” user acquisition strategy to the Telegram community. By bundling multiple signature and transaction steps into a single operation, magicLink promises to enable new cross-application, cross-chain synergies. Vince Yang added: "This will be the first time in history that Dapps built on the Layer 2 (L2) chain connected to Nova can easily enter large Telegram communities and acquire users through magicLinks. In addition, magicLinks has also increased deployment Cross-chain synergies between Dapps on other L2 chains have the potential to open up new revenue models for creators, while also reducing drop-off points, customer acquisition costs, and improving the Web3 user experience of Dapps. ” Intent – ​​Thousands of transactions using MagicLink The update introduces ERC-4337 support to the Nova ecosystem, utilizing the standard’s Paymaster mechanism and account abstraction capabilities. Users will be able to choose the token they want to pay for gas fees, while also greatly reducing the steps required to conduct cross-chain activities. It is worth noting that intents (Intents) are supported through the newly launched Actions market "magicPortal". This platform allows developers to pre-set bundled transactions as an Action, which can be used through the API and generate magicLinks. This It is an intent-based URL. The zkLink product manager explained the business model that when a user clicks on magicLink, an "action" containing a pre-customized bundled transaction will be submitted to the open solver (Solver) network.Bundled transactions can be executed upon approval, and selected solvers generate liquidity to facilitate cross-chain transactions. In this case, a solver is similar to a market maker, injecting liquidity across multiple chains to conduct these multi-chain transactions at scale. On the other hand, users will get a simple multi-chain, multi-dapp experience, but the cost is a convenience fee earned by the network and the creators of magicLink. The new update makes zkLink a pioneer in the L3 networking vertical, offering a complete toolkit of account and chain abstraction services within its ecosystem. Users and developers interested in magicLinks can find more information in the official documentation. About zkLink zkLink Nova is the first zkEVM network for Layer 3 aggregation rollups, bringing unprecedented liquidity and asset aggregation to Ethereum and its layer rollups. It uses ZK Stack and zkLi...
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Will Trump’s encryption project World Liberty Financial be the savior of Ethereum? Lending and issuing $WLFI is backed by SEC supervisionFormer U.S. President Trump officially announced today that his family’s DeFi project, World Liberty Financial, is online. At the same time, WLFI will also provide crypto lending services on Ethereum and issue non-transferable WLFI tokens. (Preliminary summary: World Liberty, the Trump family’s DeFi project, went online on 9/16: Ditch outdated banks and embrace cryptocurrencies) (Background supplement: “70% of the Trump family’s DeFi project’s token explosion is reserved for insiders,” Internet mockery: World Liberty is a joke) Former U.S. President Trump has repeatedly announced since last month that he will launch the DeFi project "World Liberty Financial, WLFI" promoted by his family, claiming that he will "ensure that the United States becomes the largest cryptocurrency on earth." All". Today (17th), Trump officially stated on Twitter Space hosted by WLFI that World Liberty Financial has been officially launched. At the same time, WLFI also disclosed more details of the project. Despite the unsettling events of yesterday, our X Spaces with Donald Trump will proceed as scheduled. We admire Mr. Trump's courage to continue in the face of adversity. Join us for a pivotal discussion on the future of cryptocurrency https://t.co/ MQit7yx3tp — WLFI (@worldlibertyfi) September 16, 2024 WLFI will provide crypto lending services on Ethereum. According to foreign media "Decrypt", first of all, WLFI will provide users with cryptocurrency on Ethereum like many current DeFi projects. Lending services, but the difference is that WLFI said it will use better technology as an alternative to provide users with more accessible convenience, and will issue a non-transferable governance token WLFI. WLFI Token Economics Zak Folkman, director of operations at World Liberty Financial, disclosed WLFI’s token economics in an interview today, saying that the token will not have a pre-sale, nor will any venture capital join, and will be distributed in a fair way: No pre-sales, no venture capital, no early buy-in. This is just like any other DeFi project you can expect to see, it is launching now and the token distribution is very fair. According to the WLFI white paper, the specific token economics of WLFI tokens are: 62.66% for sale to the public; 17.33% for distribution to communities and builders; 20% is allocated to the team as working capital, including to the WLFI Foundation, Trump affiliates, long-time Trump allies, and others. WLFI will be regulated by the U.S. SEC. We know that as cryptocurrency projects born in the United States, they will be regulated by agencies such as the U.S. Securities Regulatory Commission (SEC), and the SEC’s attitude towards cryptocurrency under the leadership of the Biden administration has not been the same. Not friendly. However, the WLFI development team revealed today that the issuance and sale of WLFI tokens will be regulated by the SEC. All buyers are limited to US-accredited investors and will also conduct KYC through the US cryptocurrency exchanges Coinbase and Kraken, and WLFI is not transferable. As for U.S. accredited investors, according to the definition of the SEC, they refer to those whose income reached US$200,000 in one of the past two years, or whose spouse or spouse’s equivalent income in the past two years totaled US$300,000, or who A person with a net worth of $1 million or more. Trump: U.S. crypto companies will live in hell if they lose the election. In addition, regarding the U.S. election to be held in November, Trump also reiterated the friendly regulatory policies he will bring to cryptocurrency, saying that if he fails, the United States will Crypto Startups Will Live in Hell: If I don’t win the US election, those who are currently free under investigation, and those who are under the radar in the crypto world, will live in (SEC regulated) hell . Related reports Trump’s harsh words: Countries that refuse to use the U.S. dollar will impose 100% tariffs, don’t try to take advantage of the United States. Trump loves Musk: After being elected, he will establish a “Government Efficiency Council” to lead him to reduce federal spending “Trump 2.0” 6 Policies may set off huge waves of inflation again, Nobel Prize winner in economics: Market underestimation will have disastrous consequencesWill Trump’s encryption project World Liberty Financial be the savior of Ethereum? Lending and issuance of $WLFI are backed by SEC supervision. This article was first published in BlockTempo, the most influential blockchain news media.

Will Trump’s encryption project World Liberty Financial be the savior of Ethereum? Lending and issuing $WLFI is backed by SEC supervision

Former U.S. President Trump officially announced today that his family’s DeFi project, World Liberty Financial, is online. At the same time, WLFI will also provide crypto lending services on Ethereum and issue non-transferable WLFI tokens. (Preliminary summary: World Liberty, the Trump family’s DeFi project, went online on 9/16: Ditch outdated banks and embrace cryptocurrencies) (Background supplement: “70% of the Trump family’s DeFi project’s token explosion is reserved for insiders,” Internet mockery: World Liberty is a joke) Former U.S. President Trump has repeatedly announced since last month that he will launch the DeFi project "World Liberty Financial, WLFI" promoted by his family, claiming that he will "ensure that the United States becomes the largest cryptocurrency on earth." All". Today (17th), Trump officially stated on Twitter Space hosted by WLFI that World Liberty Financial has been officially launched. At the same time, WLFI also disclosed more details of the project. Despite the unsettling events of yesterday, our X Spaces with Donald Trump will proceed as scheduled. We admire Mr. Trump's courage to continue in the face of adversity. Join us for a pivotal discussion on the future of cryptocurrency https://t.co/ MQit7yx3tp — WLFI (@worldlibertyfi) September 16, 2024 WLFI will provide crypto lending services on Ethereum. According to foreign media "Decrypt", first of all, WLFI will provide users with cryptocurrency on Ethereum like many current DeFi projects. Lending services, but the difference is that WLFI said it will use better technology as an alternative to provide users with more accessible convenience, and will issue a non-transferable governance token WLFI. WLFI Token Economics Zak Folkman, director of operations at World Liberty Financial, disclosed WLFI’s token economics in an interview today, saying that the token will not have a pre-sale, nor will any venture capital join, and will be distributed in a fair way: No pre-sales, no venture capital, no early buy-in. This is just like any other DeFi project you can expect to see, it is launching now and the token distribution is very fair. According to the WLFI white paper, the specific token economics of WLFI tokens are: 62.66% for sale to the public; 17.33% for distribution to communities and builders; 20% is allocated to the team as working capital, including to the WLFI Foundation, Trump affiliates, long-time Trump allies, and others. WLFI will be regulated by the U.S. SEC. We know that as cryptocurrency projects born in the United States, they will be regulated by agencies such as the U.S. Securities Regulatory Commission (SEC), and the SEC’s attitude towards cryptocurrency under the leadership of the Biden administration has not been the same. Not friendly. However, the WLFI development team revealed today that the issuance and sale of WLFI tokens will be regulated by the SEC. All buyers are limited to US-accredited investors and will also conduct KYC through the US cryptocurrency exchanges Coinbase and Kraken, and WLFI is not transferable. As for U.S. accredited investors, according to the definition of the SEC, they refer to those whose income reached US$200,000 in one of the past two years, or whose spouse or spouse’s equivalent income in the past two years totaled US$300,000, or who A person with a net worth of $1 million or more. Trump: U.S. crypto companies will live in hell if they lose the election. In addition, regarding the U.S. election to be held in November, Trump also reiterated the friendly regulatory policies he will bring to cryptocurrency, saying that if he fails, the United States will Crypto Startups Will Live in Hell: If I don’t win the US election, those who are currently free under investigation, and those who are under the radar in the crypto world, will live in (SEC regulated) hell . Related reports Trump’s harsh words: Countries that refuse to use the U.S. dollar will impose 100% tariffs, don’t try to take advantage of the United States. Trump loves Musk: After being elected, he will establish a “Government Efficiency Council” to lead him to reduce federal spending “Trump 2.0” 6 Policies may set off huge waves of inflation again, Nobel Prize winner in economics: Market underestimation will have disastrous consequencesWill Trump’s encryption project World Liberty Financial be the savior of Ethereum? Lending and issuance of $WLFI are backed by SEC supervision. This article was first published in BlockTempo, the most influential blockchain news media.
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Binance refutes rumors: It has no intention to lead the trend of meme coins, and listed "Lowercase Neiro" due to its low market value and dispersed currency holdingsBinance’s move to list Neiro’s spot yesterday caused dissatisfaction among the community. The reason is that Binance had previously listed NEIRO’s contract transactions. This listing seemed inconsistent. Many investors also said that they had suffered losses because of Binance. However, the currency An Heyi came forward to explain, saying that the previous capitalization NEIRO was indeed following the trend, and Binance had no intention to lead the meme currency trend. (Preliminary summary: Dialogue He Yi: Is there a rat position in the listing of the currency? Why not disclose the market value of Binance?) (Background supplement: Binance listed the lowercase "Neiro" soared by 754%, and the community questioned Binance's currency listing strategy) The world's largest Cryptocurrency exchange Binance (Binance) announced yesterday (16th) that it will list the dog meme coin $Neiro, once again pushing its controversial currency listing strategy in the current bull market to the forefront. The incident was caused by Binance’s early At the beginning of this month, the capitalized $NEIRO perpetual contract was listed, which once made investors think that Binance had recognized the legitimacy of NEIRO. Many investors also bought the token and bet on it being listed on Binance. However, the spot trading pair listed on Binance yesterday was lowercase Neiro. Binance’s inconsistent currency listing logic caused dissatisfaction in the community. At the same time, a Chinese KOL exposed the rat position, saying that Binance without CZ is almost ruined. . Note: After the death of Dogecoin’s prototype Shiba Inu Kabosu in May this year, the Japanese owner of Kabosu announced on the social platform The currency community is enthusiastic, and Neiro has been born on the Ethereum network one after another. In addition, there are also related meme coins on chains such as Solana. Simplified Chinese KOL denounced Binance’s listing of lowercase Neiro. Binance’s approach triggered varying degrees of protest, especially in the Simplified Chinese currency circle. For example, KOL “San Francisco is not Paris” with 42,000 followers on Twitter directly stated that he was not interested in Bitcoin because of the Binance and suffered losses: I lost 250,000 on Binance! Originally, I didn’t buy anything in uppercase and lowercase at all, but then Binance added uppercase contracts and I started buying uppercase spot (if Binance didn’t offer uppercase contracts, I would never buy uppercase spot). I bought 20 ETH and just sold 13 of them. Just now Binance announced the listing of spot. I thought that since the contract is in capital letters, the spot must also be in capital letters. I opened another 100% uppercase contract (because there was no spot on the exchange, and I was afraid it would be too late to buy on the chain. Fortunately, I only opened it. More than double, I want to open 10 times and it will be even worse). Later, about 40 minutes later, after Binance released the currency listing announcement, it tweeted @ lowercase again. I confirmed that it was lowercase, and then the meat contract lost another 1 .80,000 U. Without Binance’s misleading: 1. I will not buy capital spot 2. I will not buy capital contract 3. I will not lose money because of buying To be honest, I lost 250,000, and now I can afford the loss, but other Where are people? 1. What if it’s because Binance misled people who capitalized on Stud? Can they afford the loss? 2. What if it is because of Binance’s misleading that after signing up for the upper-case contract, they sold all the lower-case contracts and replaced them with upper-case contracts? Can they afford the loss? 3. What about those who saw the high-multiply stud and liquidation of the contract after listing the spot? Can they afford the loss? In addition, the trader "Chuan Mu" who is also a Simplified Chinese crypto KOL also posted a screenshot of a suspected Neiro rat warehouse, revealing that someone seemed to know the inside story of Binance's plan to list Neiro and TURBO in advance: cz It might be a year when I was here There are only three or four IEOs. I guess I was shocked. Now Binance is listing three coins a day. The rats and mistresses inside Binance probably know that he won’t be able to get the coins if he takes them out. Arrange for your junk coins to be quickly listed on Binance. Internal corruption, telling lies, and sooner or later a great company will be destroyed in the hands of this bitch. Binance Heyi: No intention to guide the meme trend. In the face of heated market discussions, Binance Heyi also posted a response on Telegram yesterday to clarify, explaining that Binance has no intention to guide the trend of meme coins. The previous listing of NEIRO in uppercase letters is indeed following the trend. This time it is listed in lowercase letters. The reason for Neiro is that its currency holding addresses are dispersed and its market value is relatively low: Binance has no intention of directing memes. The problem is that there are no hot spots now. To sum up, there are three categories: 1) TG mini-games, with a lot of playing cards; 2) A large number of infrastructure projects and other token issuances are all highly valued VC coins; 3) Meme coins are the only popular ones in the market, and the previous contracts did follow the trend. I joined Big NEIRO, but the community reported that the meme was becoming a currency, so I took the time to find some projects with relatively low market value and dispersed currency holding addresses to test the waters; 4) For other types of projects, we also keep an eye on it. If you think there is any If you think the currency is particularly good, you are welcome to recommend it; however, Binance is a trading platform and will try its best to provide a variety of tokens needed in the market. However, investment is risky. I hope everyone can DYOR as much as possible before buying or selling. In this regard, Colin Wu, founder of Wushuo Blockchain, also commented that Binance is now facing a dilemma: there are popular coins and contracts that can draw commissions and make money, but compliance fines are very expensive.If you don’t make any money, it will be taken away by competing products. However, users have expectations for Binance, and they scolded the platform if the currency they bought fell. Referring to the previous list of high FDV plummets, they were too scared to list VC coins again. But new projects in this cycle are either too high-valued or just meme and ton. Just choose one of the two. what to do? Haha no way. Related reports: Catizen is listed on Binance’s 59th Launchpool for new coin mining, and $CATI surges 32% before the market opens. Binance appoints Charoen Pokphand United Accountants as global accounting and tax consultant. BNB Mobile is here. What’s the deal with “CoralPhone” backed by Binance? Features, worthy of ambush airdrop? 〈Binance refutes the rumor: It has no intention to lead the trend of meme coins, and listed “Lowercase Neiro” due to its low market value and dispersed currency holdings〉 This article was first published in BlockTempo’s “Dongzone Trend-The Most Influential Blockchain” News Media".

Binance refutes rumors: It has no intention to lead the trend of meme coins, and listed "Lowercase Neiro" due to its low market value and dispersed currency holdings

Binance’s move to list Neiro’s spot yesterday caused dissatisfaction among the community. The reason is that Binance had previously listed NEIRO’s contract transactions. This listing seemed inconsistent. Many investors also said that they had suffered losses because of Binance. However, the currency An Heyi came forward to explain, saying that the previous capitalization NEIRO was indeed following the trend, and Binance had no intention to lead the meme currency trend. (Preliminary summary: Dialogue He Yi: Is there a rat position in the listing of the currency? Why not disclose the market value of Binance?) (Background supplement: Binance listed the lowercase "Neiro" soared by 754%, and the community questioned Binance's currency listing strategy) The world's largest Cryptocurrency exchange Binance (Binance) announced yesterday (16th) that it will list the dog meme coin $Neiro, once again pushing its controversial currency listing strategy in the current bull market to the forefront. The incident was caused by Binance’s early At the beginning of this month, the capitalized $NEIRO perpetual contract was listed, which once made investors think that Binance had recognized the legitimacy of NEIRO. Many investors also bought the token and bet on it being listed on Binance. However, the spot trading pair listed on Binance yesterday was lowercase Neiro. Binance’s inconsistent currency listing logic caused dissatisfaction in the community. At the same time, a Chinese KOL exposed the rat position, saying that Binance without CZ is almost ruined. . Note: After the death of Dogecoin’s prototype Shiba Inu Kabosu in May this year, the Japanese owner of Kabosu announced on the social platform The currency community is enthusiastic, and Neiro has been born on the Ethereum network one after another. In addition, there are also related meme coins on chains such as Solana. Simplified Chinese KOL denounced Binance’s listing of lowercase Neiro. Binance’s approach triggered varying degrees of protest, especially in the Simplified Chinese currency circle. For example, KOL “San Francisco is not Paris” with 42,000 followers on Twitter directly stated that he was not interested in Bitcoin because of the Binance and suffered losses: I lost 250,000 on Binance! Originally, I didn’t buy anything in uppercase and lowercase at all, but then Binance added uppercase contracts and I started buying uppercase spot (if Binance didn’t offer uppercase contracts, I would never buy uppercase spot). I bought 20 ETH and just sold 13 of them. Just now Binance announced the listing of spot. I thought that since the contract is in capital letters, the spot must also be in capital letters. I opened another 100% uppercase contract (because there was no spot on the exchange, and I was afraid it would be too late to buy on the chain. Fortunately, I only opened it. More than double, I want to open 10 times and it will be even worse). Later, about 40 minutes later, after Binance released the currency listing announcement, it tweeted @ lowercase again. I confirmed that it was lowercase, and then the meat contract lost another 1 .80,000 U. Without Binance’s misleading: 1. I will not buy capital spot 2. I will not buy capital contract 3. I will not lose money because of buying To be honest, I lost 250,000, and now I can afford the loss, but other Where are people? 1. What if it’s because Binance misled people who capitalized on Stud? Can they afford the loss? 2. What if it is because of Binance’s misleading that after signing up for the upper-case contract, they sold all the lower-case contracts and replaced them with upper-case contracts? Can they afford the loss? 3. What about those who saw the high-multiply stud and liquidation of the contract after listing the spot? Can they afford the loss? In addition, the trader "Chuan Mu" who is also a Simplified Chinese crypto KOL also posted a screenshot of a suspected Neiro rat warehouse, revealing that someone seemed to know the inside story of Binance's plan to list Neiro and TURBO in advance: cz It might be a year when I was here There are only three or four IEOs. I guess I was shocked. Now Binance is listing three coins a day. The rats and mistresses inside Binance probably know that he won’t be able to get the coins if he takes them out. Arrange for your junk coins to be quickly listed on Binance. Internal corruption, telling lies, and sooner or later a great company will be destroyed in the hands of this bitch. Binance Heyi: No intention to guide the meme trend. In the face of heated market discussions, Binance Heyi also posted a response on Telegram yesterday to clarify, explaining that Binance has no intention to guide the trend of meme coins. The previous listing of NEIRO in uppercase letters is indeed following the trend. This time it is listed in lowercase letters. The reason for Neiro is that its currency holding addresses are dispersed and its market value is relatively low: Binance has no intention of directing memes. The problem is that there are no hot spots now. To sum up, there are three categories: 1) TG mini-games, with a lot of playing cards; 2) A large number of infrastructure projects and other token issuances are all highly valued VC coins; 3) Meme coins are the only popular ones in the market, and the previous contracts did follow the trend. I joined Big NEIRO, but the community reported that the meme was becoming a currency, so I took the time to find some projects with relatively low market value and dispersed currency holding addresses to test the waters; 4) For other types of projects, we also keep an eye on it. If you think there is any If you think the currency is particularly good, you are welcome to recommend it; however, Binance is a trading platform and will try its best to provide a variety of tokens needed in the market. However, investment is risky. I hope everyone can DYOR as much as possible before buying or selling. In this regard, Colin Wu, founder of Wushuo Blockchain, also commented that Binance is now facing a dilemma: there are popular coins and contracts that can draw commissions and make money, but compliance fines are very expensive.If you don’t make any money, it will be taken away by competing products. However, users have expectations for Binance, and they scolded the platform if the currency they bought fell. Referring to the previous list of high FDV plummets, they were too scared to list VC coins again. But new projects in this cycle are either too high-valued or just meme and ton. Just choose one of the two. what to do? Haha no way. Related reports: Catizen is listed on Binance’s 59th Launchpool for new coin mining, and $CATI surges 32% before the market opens. Binance appoints Charoen Pokphand United Accountants as global accounting and tax consultant. BNB Mobile is here. What’s the deal with “CoralPhone” backed by Binance? Features, worthy of ambush airdrop? 〈Binance refutes the rumor: It has no intention to lead the trend of meme coins, and listed “Lowercase Neiro” due to its low market value and dispersed currency holdings〉 This article was first published in BlockTempo’s “Dongzone Trend-The Most Influential Blockchain” News Media".
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Google AI NotebookLM adds "Audio Overview" to convert text into podcast in two stepsGoogle announced that it will add an Audio Overview function to its AI note-taking app NotebookLM, which will allow users to convert the notes recorded into the voice and dialogue of the AI ​​virtual host, allowing users to directly listen to what they are listening to. method to obtain note information and key contents. (Previous summary: Why is Google’s new AI model Gemini so powerful? Founder of iKala: ChatGPT will find it difficult to compete with Google’s ecological landscape) (Background supplement: Google may be forced to spin off its Android and Chrome browser businesses? What will happen after the U.S. government wins the antitrust case? Heavy punch) With the development of artificial intelligence (AI) technology, people are increasingly incorporating AI into their lives to simplify their work and learning processes and bring great convenience. Just last Thursday (11), Google announced that it would add an Audio Overview function to its AI note-taking application NotebookLM, which will allow users to convert notes recorded into voices and conversations to facilitate users. Obtain note information directly by listening. AI conversational version of Podcast Through the newly added Audio Overview function, the AI ​​virtual host will share the key contents of NotebookLM notes in the form of conversation, and can convert user materials into an audio version of the discussion, similar to a podcast. After this function is activated, two AI moderators will appear to have an in-depth discussion based on the data uploaded by the user. They can extract key points for the user's data, establish links between different topics, and generate conversation materials for the two AI agents. Although this seems to be good news for users, Google also pointed out that this feature is still in the testing phase and has some limitations. At the same time, the AI-generated discussion is only a reflection of the data uploaded by the user and is not a comprehensive or objective discussion on a specific topic. . What is NotebookLM? NotebookLM is an AI-driven research and writing assistant. It was officially launched by Google last summer and announced an upgrade in June this year. It is powered by the more powerful Gemini 1.5 Pro and has been launched in more than 200 countries and regions around the world, including Taiwan. . Google built NotebookLM to create a tool that would help users understand and explore complex data more easily, discover new connections from information, and complete first drafts faster.You can upload data from various sources such as research notes, interview transcripts, company documents, etc., and NotebookLM will immediately become your exclusive data expert. How to enable the Audio Overview function? Enabling the Audio Overview function is very simple. The first step is to enter NotebookLM and add the text data you want to convert to speech. The second step is to click "Generate" in the upper right corner after adding the data to generate the AI ​​host's conversation. Related reports: Google’s most powerful AI “Gemini” was exposed for fraud! Google admitted that the video was edited, non-real-time voice, and useful. Prompt HBAR soared 214%! Hedera Hashgraph, which includes Google, IBM, LG, etc., will allocate 2 billion magnesium to develop the ecosystem. OpenAI will face off against Google! It is rumored that the ChatGPT search engine was released on 5/9, challenging Google’s native product 〈Google AI note NotebookLM adds “Audio Overview” and converts text into podcasts in two steps〉 This article was first published in DongZu BlockTempo "DongZu DongTren-Most The most influential blockchain news media.

Google AI NotebookLM adds "Audio Overview" to convert text into podcast in two steps

Google announced that it will add an Audio Overview function to its AI note-taking app NotebookLM, which will allow users to convert the notes recorded into the voice and dialogue of the AI ​​virtual host, allowing users to directly listen to what they are listening to. method to obtain note information and key contents. (Previous summary: Why is Google’s new AI model Gemini so powerful? Founder of iKala: ChatGPT will find it difficult to compete with Google’s ecological landscape) (Background supplement: Google may be forced to spin off its Android and Chrome browser businesses? What will happen after the U.S. government wins the antitrust case? Heavy punch) With the development of artificial intelligence (AI) technology, people are increasingly incorporating AI into their lives to simplify their work and learning processes and bring great convenience. Just last Thursday (11), Google announced that it would add an Audio Overview function to its AI note-taking application NotebookLM, which will allow users to convert notes recorded into voices and conversations to facilitate users. Obtain note information directly by listening. AI conversational version of Podcast Through the newly added Audio Overview function, the AI ​​virtual host will share the key contents of NotebookLM notes in the form of conversation, and can convert user materials into an audio version of the discussion, similar to a podcast. After this function is activated, two AI moderators will appear to have an in-depth discussion based on the data uploaded by the user. They can extract key points for the user's data, establish links between different topics, and generate conversation materials for the two AI agents. Although this seems to be good news for users, Google also pointed out that this feature is still in the testing phase and has some limitations. At the same time, the AI-generated discussion is only a reflection of the data uploaded by the user and is not a comprehensive or objective discussion on a specific topic. . What is NotebookLM? NotebookLM is an AI-driven research and writing assistant. It was officially launched by Google last summer and announced an upgrade in June this year. It is powered by the more powerful Gemini 1.5 Pro and has been launched in more than 200 countries and regions around the world, including Taiwan. . Google built NotebookLM to create a tool that would help users understand and explore complex data more easily, discover new connections from information, and complete first drafts faster.You can upload data from various sources such as research notes, interview transcripts, company documents, etc., and NotebookLM will immediately become your exclusive data expert. How to enable the Audio Overview function? Enabling the Audio Overview function is very simple. The first step is to enter NotebookLM and add the text data you want to convert to speech. The second step is to click "Generate" in the upper right corner after adding the data to generate the AI ​​host's conversation. Related reports: Google’s most powerful AI “Gemini” was exposed for fraud! Google admitted that the video was edited, non-real-time voice, and useful. Prompt HBAR soared 214%! Hedera Hashgraph, which includes Google, IBM, LG, etc., will allocate 2 billion magnesium to develop the ecosystem. OpenAI will face off against Google! It is rumored that the ChatGPT search engine was released on 5/9, challenging Google’s native product 〈Google AI note NotebookLM adds “Audio Overview” and converts text into podcasts in two steps〉 This article was first published in DongZu BlockTempo "DongZu DongTren-Most The most influential blockchain news media.
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CZ Zhao Changpeng was released from prison on 9/29! U.S. SEC reiterates that Binance "violated federal securities laws"According to the latest information on the US Federal Bureau of Prisons website, Binance founder Changpeng Zhao (CZ) is expected to be officially released from prison on September 29 after serving a four-month sentence. He has been transferred to Long Beach Residential Reentry Management in central California. at the Long Beach Residential Reentry Management. (Preliminary summary: CZ Zhao Changpeng is banned from holding leadership positions in Binance for life, but retains the rights of major shareholders (released from prison at the end of September)) (Background supplement: CZ Zhao Changpeng is released from prison! It is rumored that he has been transferred to a halfway house to prepare for returning to society, BNB Bucking the trend) Binance, the world’s largest cryptocurrency exchange, reached a settlement agreement with the U.S. Department of Justice, the Commodity Futures Trading Commission (CFTC) and other agencies in November last year, pleading guilty and agreeing to pay a $4.3 billion fine. Its founder, Changpeng Zhao ( CZ) admitted to violating U.S. anti-money laundering laws and other charges, resigned as CEO of Binance, and paid a fine of US$175 million. Finally, in May of this year, the U.S. District Court in Seattle sentenced CZ to four months in prison, which he is still serving. CZ will be released on September 29. However, according to the latest information on the US Federal Bureau of Prisons website, CZ has been transferred to the Long Beach Residential Reentry Management in central California and is expected to be released on September 29. Be freed. The SEC once again filed a lawsuit against Binance. However, according to a report by foreign media "CryptoSlate", although CZ's legal proceedings in this case are about to come to an end with his release from prison, the U.S. Securities and Exchange Commission (SEC) recently filed another lawsuit against Binance. An amended lawsuit reiterates that Binance violated federal securities laws. The SEC claimed that Binance, as the leading exchange, played a key role in promoting digital assets on its platform by publishing information on project investments, market trading volumes and prices; at the same time, Binance platform currency BNB is also a security , and due to the influence of Binance, BNB will also gain rising expectations in the minds of investors. Related reports Big news! Binance CZ resigns and steps down! WSJ: Zhao Changpeng pleads guilty to the United States and is willing to pay a fine of US$4.3 billion. Don’t be overly optimistic! Binance CZ Review: I guess ETFs are important in the US, but not in other countries Bankless: Is Binance CZ too powerful?〈CZ Zhao Changpeng was released from prison on 9/29! The U.S. SEC reiterates that Binance "violated federal securities laws." This article was first published in BlockTempo, the most influential blockchain news media.

CZ Zhao Changpeng was released from prison on 9/29! U.S. SEC reiterates that Binance "violated federal securities laws"

According to the latest information on the US Federal Bureau of Prisons website, Binance founder Changpeng Zhao (CZ) is expected to be officially released from prison on September 29 after serving a four-month sentence. He has been transferred to Long Beach Residential Reentry Management in central California. at the Long Beach Residential Reentry Management. (Preliminary summary: CZ Zhao Changpeng is banned from holding leadership positions in Binance for life, but retains the rights of major shareholders (released from prison at the end of September)) (Background supplement: CZ Zhao Changpeng is released from prison! It is rumored that he has been transferred to a halfway house to prepare for returning to society, BNB Bucking the trend) Binance, the world’s largest cryptocurrency exchange, reached a settlement agreement with the U.S. Department of Justice, the Commodity Futures Trading Commission (CFTC) and other agencies in November last year, pleading guilty and agreeing to pay a $4.3 billion fine. Its founder, Changpeng Zhao ( CZ) admitted to violating U.S. anti-money laundering laws and other charges, resigned as CEO of Binance, and paid a fine of US$175 million. Finally, in May of this year, the U.S. District Court in Seattle sentenced CZ to four months in prison, which he is still serving. CZ will be released on September 29. However, according to the latest information on the US Federal Bureau of Prisons website, CZ has been transferred to the Long Beach Residential Reentry Management in central California and is expected to be released on September 29. Be freed. The SEC once again filed a lawsuit against Binance. However, according to a report by foreign media "CryptoSlate", although CZ's legal proceedings in this case are about to come to an end with his release from prison, the U.S. Securities and Exchange Commission (SEC) recently filed another lawsuit against Binance. An amended lawsuit reiterates that Binance violated federal securities laws. The SEC claimed that Binance, as the leading exchange, played a key role in promoting digital assets on its platform by publishing information on project investments, market trading volumes and prices; at the same time, Binance platform currency BNB is also a security , and due to the influence of Binance, BNB will also gain rising expectations in the minds of investors. Related reports Big news! Binance CZ resigns and steps down! WSJ: Zhao Changpeng pleads guilty to the United States and is willing to pay a fine of US$4.3 billion. Don’t be overly optimistic! Binance CZ Review: I guess ETFs are important in the US, but not in other countries Bankless: Is Binance CZ too powerful?〈CZ Zhao Changpeng was released from prison on 9/29! The U.S. SEC reiterates that Binance "violated federal securities laws." This article was first published in BlockTempo, the most influential blockchain news media.
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Bonus of 10,000 mg! Blum and TONX launch Open Art ID treasure hunting event, how to participate?Decentralized exchange (DEX) Blum and TONX announced yesterday (16th) the launch of The Open Art ID treasure hunting event, which will distribute 10,000 US dollars in rewards to users. How to participate specifically? (Previous summary: Singapore TOKEN2049 announced that it will attract 20,000 participants and more than 500 peripheral activities) (Background supplement: Blum decentralized exchange received investment from Binance Labs) Asia’s top Web3 event TOKEN 2049 is about to open this week. As a black TONX and TON Society, the key builders of the Magong Chain TON ecosystem, also joined hands with the decentralized exchange (DEX) Blum to hold a sharing session called Open Art at the National Gallery of Singapore. At the same time, Blum and TONX also held a sharing session yesterday ( On the 16th, it announced the launch of The Open Art ID treasure hunting activity, which will distribute 10,000 USDT rewards to users. How to participate in the event According to the official announcement, the way to participate in The Open Art ID treasure hunting event is: Mint TOA ID through Blum and TONX; Create a Blum account: Enter the Blum bot on Telegram and connect the TON related wallet to create it. Complete at least one mission from 12 mini-apps including Blum, MVLChain, Jambo Phone, WonTON, Yuliverse, ForUAI, QuackQuack, TON AI, Duckcoop, All At Once, Tradoor and BeaverLand. How to get more rewards? In addition, the official added that completing more designated tasks can also earn more lucky points (LUCKs) to obtain rewards, including: Completing more tasks: You can get 3 LUCKs for each completed task. Recommend friends to mint TOA ID: Earn 1 LUCKs for each referral. Refer a friend to create a Blum account: Earn 1 LUCKs for each referral. TONX ID OG COLLECTIBLE HOLDING: Earn 2 LUCKs for each ID you hold. However, it is worth mentioning that the deadline for this event is September 26, so users who want to win rewards need to complete the tasks before this time. What is Blum? Founded by former Binance executives, Blum is a decentralized exchange (DEX) that combines the advantages of centralized and decentralized exchanges to provide a streamlined trading experience within the Telegram mini-app. Blum’s co-founder and CEO is Gleb Kostarev, who has extensive leadership experience and served as Binance’s vice president from 2018 to 2023.As head of Asia Pacific, he is responsible for operations in more than 60 markets, including Asia Pacific, Eastern Europe, CIS, Turkey and Australia and New Zealand. Related reports: What is Blum, the exchange launched by a former Binance executive? Relying on Telegram mini-games to attract 6.6 million subscriptions in a single month. Dialogue with TON Foundation: From viral marketing of Notcoin to the introduction of Bitcoin into the Toncoin DeFi ecosystem... The TON flywheel effect has taken shape. "Telegram mini-programs take the lead, where is the next market opportunity?" 〈10,000 mg bonus! Blum and TONX launch Open Art ID treasure hunting event, how to participate? 〉This article was first published in DongZu BlockTempo "DongZu DongTen - the most influential blockchain news media".

Bonus of 10,000 mg! Blum and TONX launch Open Art ID treasure hunting event, how to participate?

Decentralized exchange (DEX) Blum and TONX announced yesterday (16th) the launch of The Open Art ID treasure hunting event, which will distribute 10,000 US dollars in rewards to users. How to participate specifically? (Previous summary: Singapore TOKEN2049 announced that it will attract 20,000 participants and more than 500 peripheral activities) (Background supplement: Blum decentralized exchange received investment from Binance Labs) Asia’s top Web3 event TOKEN 2049 is about to open this week. As a black TONX and TON Society, the key builders of the Magong Chain TON ecosystem, also joined hands with the decentralized exchange (DEX) Blum to hold a sharing session called Open Art at the National Gallery of Singapore. At the same time, Blum and TONX also held a sharing session yesterday ( On the 16th, it announced the launch of The Open Art ID treasure hunting activity, which will distribute 10,000 USDT rewards to users. How to participate in the event According to the official announcement, the way to participate in The Open Art ID treasure hunting event is: Mint TOA ID through Blum and TONX; Create a Blum account: Enter the Blum bot on Telegram and connect the TON related wallet to create it. Complete at least one mission from 12 mini-apps including Blum, MVLChain, Jambo Phone, WonTON, Yuliverse, ForUAI, QuackQuack, TON AI, Duckcoop, All At Once, Tradoor and BeaverLand. How to get more rewards? In addition, the official added that completing more designated tasks can also earn more lucky points (LUCKs) to obtain rewards, including: Completing more tasks: You can get 3 LUCKs for each completed task. Recommend friends to mint TOA ID: Earn 1 LUCKs for each referral. Refer a friend to create a Blum account: Earn 1 LUCKs for each referral. TONX ID OG COLLECTIBLE HOLDING: Earn 2 LUCKs for each ID you hold. However, it is worth mentioning that the deadline for this event is September 26, so users who want to win rewards need to complete the tasks before this time. What is Blum? Founded by former Binance executives, Blum is a decentralized exchange (DEX) that combines the advantages of centralized and decentralized exchanges to provide a streamlined trading experience within the Telegram mini-app. Blum’s co-founder and CEO is Gleb Kostarev, who has extensive leadership experience and served as Binance’s vice president from 2018 to 2023.As head of Asia Pacific, he is responsible for operations in more than 60 markets, including Asia Pacific, Eastern Europe, CIS, Turkey and Australia and New Zealand. Related reports: What is Blum, the exchange launched by a former Binance executive? Relying on Telegram mini-games to attract 6.6 million subscriptions in a single month. Dialogue with TON Foundation: From viral marketing of Notcoin to the introduction of Bitcoin into the Toncoin DeFi ecosystem... The TON flywheel effect has taken shape. "Telegram mini-programs take the lead, where is the next market opportunity?" 〈10,000 mg bonus! Blum and TONX launch Open Art ID treasure hunting event, how to participate? 〉This article was first published in DongZu BlockTempo "DongZu DongTen - the most influential blockchain news media".
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Binance listed lowercase "Neiro" and it surged 754%. The community questioned Binance's currency listing strategy.Binance exchange announced yesterday that it will list the meme coins $Neiro, $BABYDOGE and $TURBO for spot trading. The listing of $Neiro once again triggered controversy in the community about the capitalization of Neiro. People said that Binance’s currency listing strategy did not consider investment. interests, even the practice of cutting leeks. (Preliminary summary: Behind the dispute over Neiro’s capitalization: the struggle of interests among rat warehouses, communities and exchanges) (Background supplement: Vitalik’s dog-slaughtering miracle "Neiro" once surged 650%, clearing out animal meme coins (Donate to charity) Binance, the world’s largest cryptocurrency exchange, announced earlier yesterday that it will list the meme coins $Neiro, $BABYDOGE and $TURBO at 18:00 on September 16th, Taiwan time. During the falling market, the three were quickly pushed onto the CoinGecko trading hot list and brought huge gains. Writing for the Times: Neiro: $0.0003888, a surge of 754% in the past 24 hours; BABYDOGE: $0.000000001912, a rise of 754% in the past 24 hours. Jumped 75%; TURBO: $0.004675, up 18% in the past 24 hours. Image source: CoinGecko Uppercase and lowercase Neiro once again stirs up controversy. It is worth noting that the Neiro token listed on Binance this time is lowercase Neiro, known as "First Neiro on Ethereum", and its contract address is 0x812ba41e071c7b7fa4ebcfb62df5f45f6fa853ee. Investors need to pay attention to distinguish it. On the other hand, Binance actually launched the perpetual contract of the capital NEIRO token as early as the beginning of this month, which made the community think that Binance recognized the orthodox status of the token, so they all bet on NEIRO. Today, Binance has simultaneously launched the spot and contract transactions of lowercase Neiro, which undoubtedly dealt a blow to these previous investors. The price of the uppercase NEIRO currency has also plunged sharply, plummeting 43% in the past 24 hours. At the time of writing, the currency price was US$0.07808, with a market value of shrunk to $78.49 million. Binance’s seemingly inconsistent currency listing move has once again brought its already criticized currency listing strategy in this bull market to the forefront. Many community members directly called Binance to play with investors, and even For example, KOL @cozypront, who has 155,000 followers on Twitter, said: Fucking bastard! Please release CZ, your current platform (Binance) is a joke. How do you list Neiro (lower case) with a market cap of $15 million when you already have a $130 million market cap token with a contract (capital NEIRO). Can't wait for CZ to come out soon and hope he fires the idiot who did this. In addition, Leonidas, the founder of Bitcoin Rune $DOG, also issued an article pointing out his dissatisfaction with Binance’s listing of Neiro: Binance’s listing of Neiro, a meme coin with a market value of only $15 million, is a disapproval of all memes with a good community foundation. Coin's slap in the face. After Dogecoin’s prototype Shiba Inu Kabosu passed away in May this year, the Japanese owner of Kabosu announced on the social platform Group enthusiasm, capital Neiro was born on the Ethereum network one after another, and there are also related meme coins on the Solana chain. Extended reading: Behind Neiro’s capitalization dispute: The competing interests of rat warehouses, communities and exchanges He Yi: Unintentional to guide Meme trend Facing hot market discussions, Binance He Yi also posted a response to clarification on Telegram yesterday, explaining that Binance has no intention To guide the trend of meme coins, the reason why lowercase Neiro is listed is because its currency holding addresses are scattered and its market value is relatively low: Binance has no intention of directing memes. The problem is that there are no hot spots now. To sum up, there are three categories: 1) TG mini-games, with a lot of playing cards; 2) A large number of infrastructure projects and other token issuances are all highly valued VC coins; 3) Meme coins are the only popular ones in the market, and the previous contracts did follow the trend. I joined Big NEIRO, but the community reported that the meme was becoming a currency, so I took the time to find some projects with relatively low market value and dispersed currency holding addresses to test the waters; 4) For other types of projects, we also keep an eye on it. If you think there is any If you think the currency is particularly good, you are welcome to recommend it; however, Binance is a trading platform and will try its best to provide a variety of tokens needed in the market. However, investment is risky. I hope everyone can DYOR as much as possible before buying or selling. Related reports V God slaughters dogs again! 17.1 billion $Neiro were sold, and the currency price plummeted by 60% before reaching a new high. A new dog king ascends the throne. Doge owner’s new Shiba Inu “Neiro” dominates the meme currency list of major public chains. Is Trump’s order not as good as a dog? Doge's owner has a new Shiba Inu "Neiro", and the meme coin of the same name has soared 1,250 times. "The listing of lowercase "Neiro" on Binance has surged 754%, and the community has questioned Binance's currency listing strategy." This article was first published in DongZu BlockTempo "DongZu Dong Trend - the most influential blockchain news media.

Binance listed lowercase "Neiro" and it surged 754%. The community questioned Binance's currency listing strategy.

Binance exchange announced yesterday that it will list the meme coins $Neiro, $BABYDOGE and $TURBO for spot trading. The listing of $Neiro once again triggered controversy in the community about the capitalization of Neiro. People said that Binance’s currency listing strategy did not consider investment. interests, even the practice of cutting leeks. (Preliminary summary: Behind the dispute over Neiro’s capitalization: the struggle of interests among rat warehouses, communities and exchanges) (Background supplement: Vitalik’s dog-slaughtering miracle "Neiro" once surged 650%, clearing out animal meme coins (Donate to charity) Binance, the world’s largest cryptocurrency exchange, announced earlier yesterday that it will list the meme coins $Neiro, $BABYDOGE and $TURBO at 18:00 on September 16th, Taiwan time. During the falling market, the three were quickly pushed onto the CoinGecko trading hot list and brought huge gains. Writing for the Times: Neiro: $0.0003888, a surge of 754% in the past 24 hours; BABYDOGE: $0.000000001912, a rise of 754% in the past 24 hours. Jumped 75%; TURBO: $0.004675, up 18% in the past 24 hours. Image source: CoinGecko Uppercase and lowercase Neiro once again stirs up controversy. It is worth noting that the Neiro token listed on Binance this time is lowercase Neiro, known as "First Neiro on Ethereum", and its contract address is 0x812ba41e071c7b7fa4ebcfb62df5f45f6fa853ee. Investors need to pay attention to distinguish it. On the other hand, Binance actually launched the perpetual contract of the capital NEIRO token as early as the beginning of this month, which made the community think that Binance recognized the orthodox status of the token, so they all bet on NEIRO. Today, Binance has simultaneously launched the spot and contract transactions of lowercase Neiro, which undoubtedly dealt a blow to these previous investors. The price of the uppercase NEIRO currency has also plunged sharply, plummeting 43% in the past 24 hours. At the time of writing, the currency price was US$0.07808, with a market value of shrunk to $78.49 million. Binance’s seemingly inconsistent currency listing move has once again brought its already criticized currency listing strategy in this bull market to the forefront. Many community members directly called Binance to play with investors, and even For example, KOL @cozypront, who has 155,000 followers on Twitter, said: Fucking bastard! Please release CZ, your current platform (Binance) is a joke. How do you list Neiro (lower case) with a market cap of $15 million when you already have a $130 million market cap token with a contract (capital NEIRO). Can't wait for CZ to come out soon and hope he fires the idiot who did this. In addition, Leonidas, the founder of Bitcoin Rune $DOG, also issued an article pointing out his dissatisfaction with Binance’s listing of Neiro: Binance’s listing of Neiro, a meme coin with a market value of only $15 million, is a disapproval of all memes with a good community foundation. Coin's slap in the face. After Dogecoin’s prototype Shiba Inu Kabosu passed away in May this year, the Japanese owner of Kabosu announced on the social platform Group enthusiasm, capital Neiro was born on the Ethereum network one after another, and there are also related meme coins on the Solana chain. Extended reading: Behind Neiro’s capitalization dispute: The competing interests of rat warehouses, communities and exchanges He Yi: Unintentional to guide Meme trend Facing hot market discussions, Binance He Yi also posted a response to clarification on Telegram yesterday, explaining that Binance has no intention To guide the trend of meme coins, the reason why lowercase Neiro is listed is because its currency holding addresses are scattered and its market value is relatively low: Binance has no intention of directing memes. The problem is that there are no hot spots now. To sum up, there are three categories: 1) TG mini-games, with a lot of playing cards; 2) A large number of infrastructure projects and other token issuances are all highly valued VC coins; 3) Meme coins are the only popular ones in the market, and the previous contracts did follow the trend. I joined Big NEIRO, but the community reported that the meme was becoming a currency, so I took the time to find some projects with relatively low market value and dispersed currency holding addresses to test the waters; 4) For other types of projects, we also keep an eye on it. If you think there is any If you think the currency is particularly good, you are welcome to recommend it; however, Binance is a trading platform and will try its best to provide a variety of tokens needed in the market. However, investment is risky. I hope everyone can DYOR as much as possible before buying or selling. Related reports V God slaughters dogs again! 17.1 billion $Neiro were sold, and the currency price plummeted by 60% before reaching a new high. A new dog king ascends the throne. Doge owner’s new Shiba Inu “Neiro” dominates the meme currency list of major public chains. Is Trump’s order not as good as a dog? Doge's owner has a new Shiba Inu "Neiro", and the meme coin of the same name has soared 1,250 times. "The listing of lowercase "Neiro" on Binance has surged 754%, and the community has questioned Binance's currency listing strategy." This article was first published in DongZu BlockTempo "DongZu Dong Trend - the most influential blockchain news media.
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DeGods promotes NFT "token conversion" to seek a way to survive, Yuga Labs founder: BAYC will never follow suit!Solana's well-known NFT project DeGods recently announced that it will convert its NFT DeGods, y00st and token $DUST into token $degod, and launch a public sale of tokens this morning. (Preliminary summary: In-depth analysis of the true meaning of ERC404 "token conversion", will "semi-fungible tokens" become mainstream?) (Background supplement: New NFT competition pattern: What are DN404 and ERC-404? Key points and importance of innovation) In February this year, there was a wave of "graphic-to-coin conversion" craze in the encryption circle. This trend was triggered by the project Pandora_ERC404 developed on Ethereum by a former Coinbase engineer. This project realizes the conversion, destruction and minting between pictures and tokens. The launch of this innovative concept immediately triggered crazy hype in the market. However, the hype quickly faded, market focus quickly shifted to other narratives in March, and the concept of token conversion gradually fell into silence. Extended reading: Deeper into the true meaning of ERC404 "token conversion", will "semi-fungible tokens" become mainstream? DeGods promotes NFT token conversion. However, recently, this trend of token conversion seems to have spread to mainstream NFT. Solana's well-known NFT project DeGods recently announced that it will convert its NFT DeGods, y00ts and token $DUST into token $degod, and launch a public sale of tokens this morning (16th). According to the official website, the NFT and token conversion ratio is as follows: NFT DeGods can be exchanged to obtain 550,000 $degod NFT y00ts can be destroyed to obtain 120,000 $degod tokens $DUST can be destroyed to obtain 36 $degod Things to note Yes, DeGods-related assets on other chains need to be bridged back to Solana to support token conversion (DeGods on the BTC chain need to be invoiced and burned in the official discord). In addition, when exchanging DeGods (swap), you need to pay a fee of 3.33%, and unlike other assets that will be destroyed (burn), they will enter the Sniper market for other users to trade. In addition, according to official documents, in the Sniper market, the DeGods floor price will be dynamically adjusted based on the $degod price $degod token economics In addition, according to official documents, the total supply of $degod tokens is 10 billion, and the token The allocation is as follows: NFT, token holders (85%): For conversion by NFT (DeGods, y00st) and token ($DUST) holders, a total of 41,241 holders. DeGods Foundation (10%): allocated to the DeGods Foundation for all market making, exchange and growth opportunities Offering (5%): 3% allocated Bonding curve form offering (available to everyone); 1% allocated Raydium liquidity pool; 1% allocated to partners (sinper) $degod opened to exceed US$300 million. This morning, after the opening of Raydium (first conducting bonding curve fundraising on its official website), the price of $degod once rose to US$0.03267. The market value once exceeded US$300 million. After this sudden surge, the price quickly plummeted back to around $0.008, and then its price fluctuated within a narrow range between 0.006 and 0.01. It is now trading at $0.007804, up 9.97% in the past 24 hours. Yuga Labs co-founder: Will not let BAYC follow suit. With the NFT market in such a slump, DeGods adopted the method of token conversion to give NFT a new look, which aroused widespread discussion in the community. Many users believed that it was a good thing that DeGods had the courage to try. In response, Wylie Arnow, co-founder of Yuga Labs, the parent company of blue-chip NFT project BAYC, tweeted that although what DeGods is doing is indeed interesting, BAYC will not follow suit: I don’t know if this move by DeGods will be successful in the long term (almost nothing is long-term) ), I wouldn’t do that with BAYC either, but it’s fun to watch this project try something bold, and there’s clearly value in that. Good luck guys. No idea if the DeGods move is going to work long-term (almost nothing does) and I wouldn't do it for BAYC, but it's genuinely entertaining watching the project try wild shit. That's clearly worth something. Godspeed to the bros. — GordonGoner.eth (Wylie Aronow) (@GordonGoner) September 16, 2024 Related Reports Latest NFT report: Average lifespan 1.14 years, loss rate nearly 45%, what is the most profitable collectible? Make a lot of money! The buyer picked up the rare CryptoPunks NFT at 2% of the market price. God’s operation analysis. The new British law plans to include cryptocurrencies and NFTs as “personal property”: providing more flexible legal protection. DeGods promotes NFT “token conversion” to find a way to survive. Founder of Yuga Labs : BAYC will never follow suit! 〉This article was first published in DongZu BlockTempo "DongZu DongTen - the most influential blockchain news media".

DeGods promotes NFT "token conversion" to seek a way to survive, Yuga Labs founder: BAYC will never follow suit!

Solana's well-known NFT project DeGods recently announced that it will convert its NFT DeGods, y00st and token $DUST into token $degod, and launch a public sale of tokens this morning. (Preliminary summary: In-depth analysis of the true meaning of ERC404 "token conversion", will "semi-fungible tokens" become mainstream?) (Background supplement: New NFT competition pattern: What are DN404 and ERC-404? Key points and importance of innovation) In February this year, there was a wave of "graphic-to-coin conversion" craze in the encryption circle. This trend was triggered by the project Pandora_ERC404 developed on Ethereum by a former Coinbase engineer. This project realizes the conversion, destruction and minting between pictures and tokens. The launch of this innovative concept immediately triggered crazy hype in the market. However, the hype quickly faded, market focus quickly shifted to other narratives in March, and the concept of token conversion gradually fell into silence. Extended reading: Deeper into the true meaning of ERC404 "token conversion", will "semi-fungible tokens" become mainstream? DeGods promotes NFT token conversion. However, recently, this trend of token conversion seems to have spread to mainstream NFT. Solana's well-known NFT project DeGods recently announced that it will convert its NFT DeGods, y00ts and token $DUST into token $degod, and launch a public sale of tokens this morning (16th). According to the official website, the NFT and token conversion ratio is as follows: NFT DeGods can be exchanged to obtain 550,000 $degod NFT y00ts can be destroyed to obtain 120,000 $degod tokens $DUST can be destroyed to obtain 36 $degod Things to note Yes, DeGods-related assets on other chains need to be bridged back to Solana to support token conversion (DeGods on the BTC chain need to be invoiced and burned in the official discord). In addition, when exchanging DeGods (swap), you need to pay a fee of 3.33%, and unlike other assets that will be destroyed (burn), they will enter the Sniper market for other users to trade. In addition, according to official documents, in the Sniper market, the DeGods floor price will be dynamically adjusted based on the $degod price $degod token economics In addition, according to official documents, the total supply of $degod tokens is 10 billion, and the token The allocation is as follows: NFT, token holders (85%): For conversion by NFT (DeGods, y00st) and token ($DUST) holders, a total of 41,241 holders. DeGods Foundation (10%): allocated to the DeGods Foundation for all market making, exchange and growth opportunities Offering (5%): 3% allocated Bonding curve form offering (available to everyone); 1% allocated Raydium liquidity pool; 1% allocated to partners (sinper) $degod opened to exceed US$300 million. This morning, after the opening of Raydium (first conducting bonding curve fundraising on its official website), the price of $degod once rose to US$0.03267. The market value once exceeded US$300 million. After this sudden surge, the price quickly plummeted back to around $0.008, and then its price fluctuated within a narrow range between 0.006 and 0.01. It is now trading at $0.007804, up 9.97% in the past 24 hours. Yuga Labs co-founder: Will not let BAYC follow suit. With the NFT market in such a slump, DeGods adopted the method of token conversion to give NFT a new look, which aroused widespread discussion in the community. Many users believed that it was a good thing that DeGods had the courage to try. In response, Wylie Arnow, co-founder of Yuga Labs, the parent company of blue-chip NFT project BAYC, tweeted that although what DeGods is doing is indeed interesting, BAYC will not follow suit: I don’t know if this move by DeGods will be successful in the long term (almost nothing is long-term) ), I wouldn’t do that with BAYC either, but it’s fun to watch this project try something bold, and there’s clearly value in that. Good luck guys. No idea if the DeGods move is going to work long-term (almost nothing does) and I wouldn't do it for BAYC, but it's genuinely entertaining watching the project try wild shit. That's clearly worth something. Godspeed to the bros. — GordonGoner.eth (Wylie Aronow) (@GordonGoner) September 16, 2024 Related Reports Latest NFT report: Average lifespan 1.14 years, loss rate nearly 45%, what is the most profitable collectible? Make a lot of money! The buyer picked up the rare CryptoPunks NFT at 2% of the market price. God’s operation analysis. The new British law plans to include cryptocurrencies and NFTs as “personal property”: providing more flexible legal protection. DeGods promotes NFT “token conversion” to find a way to survive. Founder of Yuga Labs : BAYC will never follow suit! 〉This article was first published in DongZu BlockTempo "DongZu DongTen - the most influential blockchain news media".
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A small town in Norway was forced to close a Bitcoin mine because it was too noisy, causing residents’ electricity bills to be 20% higher?The Norwegian city of Hadsel had pushed to close its local Bitcoin mining farm, but local residents are now facing soaring electricity bills as the power company's revenue dwindles. Noranet network managers estimate that the average household in Hadsel could face up to $280 a year in extra costs after Bitcoin mining operations shut down, with electricity bills rising by 20%. (Preliminary summary: The current situation of China’s encryption: P2P bypasses the ban, mines operate secretly, CBDC cuts off the way to life?) (Background supplement: Venezuela’s frequent power outages are attacking miners! More than 11,000 mining machines have been seized, and power supply to mines has been stopped) Kjell-Børge Freiberg, the mayor of Hadsel in Norway, told the Norwegian Broadcasting Corporation (NRK) last week (13th) that the noise from the Bitcoin mining center has affected the quality of life of many residents in Hadsel. Therefore, at the request of the local government, the Bitcoin mine was closed on September 9. Are residential electricity bills 20% more expensive? But what residents may not expect is that the closure of the local Bitcoin mine may cause the city of Hadsel to increase its electricity bill by 20% to cover the power company’s increased costs due to lost revenue, Cointelegraph reported. The mine is understood to consume about 80 gigawatt hours of electricity annually, equivalent to the annual electricity consumption of 3,200 homes, in a city with a population of about 8,236 people. The mayor said the local government will look for new projects to make up for the reduced demand for electricity after the mine is closed. Noranet network manager Robin Jakobsen said: "When such a large number of commercial users stop using electricity overnight, there is bound to be an impact. He estimated that after adjustments, the average household in Hassell could pay about the equivalent of about $235 to $280 more per year. Climate technology venture capitalist Daniel Batten commented at the press conference: “When politicians hype Bitcoin, it is often ordinary people who suffer.” And believes: This is how Bitcoin mining can help Another example of lower electricity bills for ordinary people. Yet another datapoint showing how Bitcoin mining keeps power prices lower for everyday people. Brad Jones, the grid operator in Texas said the same thing. The peer review research says the same thing. When politicians gaslight Bitcoin, the people suffer. https://t.co/j8ySlP9KnJ — Daniel Batten (@DSBatten) September 14, 2024 Noise complaints at Norwegian Bitcoin mines In fact, this is not the first town in Norway to have noise complaints caused by Bitcoin mining facilities. In September 2022, residents of the Norwegian city of Svalbard also expressed dissatisfaction with the noise from Bitcoin mining activities. Kjetil Hove Pettersen, CEO of KryptoVault, pointed out that this may be another wave of media hype about Bitcoin, and said that "negative voices are usually more likely to attract media attention, but this does not represent the opinions of all residents." In 2018, DongZu also reported that KryptoVault (a Norwegian crypto mining company) even received death threats after local newspapers reported on its business. Related reports [Does mining noise destroy peace? 】A Norwegian cryptocurrency mine received a local "bomb" death threat due to excessive noise. The current situation of China's encryption: P2P bypasses the ban, the mine operates secretly, and CBDC is cut off? Frequent power outages in Venezuela are threatening miners! More than 11,000 mining machines were seized and power supply to the mines was stopped. <A small town in Norway was ordered to close a Bitcoin mine because it was too noisy, causing residents’ electricity bills to be 20% higher? 〉This article was first published in DongZu BlockTempo "DongZu DongTen - the most influential blockchain news media".

A small town in Norway was forced to close a Bitcoin mine because it was too noisy, causing residents’ electricity bills to be 20% higher?

The Norwegian city of Hadsel had pushed to close its local Bitcoin mining farm, but local residents are now facing soaring electricity bills as the power company's revenue dwindles. Noranet network managers estimate that the average household in Hadsel could face up to $280 a year in extra costs after Bitcoin mining operations shut down, with electricity bills rising by 20%. (Preliminary summary: The current situation of China’s encryption: P2P bypasses the ban, mines operate secretly, CBDC cuts off the way to life?) (Background supplement: Venezuela’s frequent power outages are attacking miners! More than 11,000 mining machines have been seized, and power supply to mines has been stopped) Kjell-Børge Freiberg, the mayor of Hadsel in Norway, told the Norwegian Broadcasting Corporation (NRK) last week (13th) that the noise from the Bitcoin mining center has affected the quality of life of many residents in Hadsel. Therefore, at the request of the local government, the Bitcoin mine was closed on September 9. Are residential electricity bills 20% more expensive? But what residents may not expect is that the closure of the local Bitcoin mine may cause the city of Hadsel to increase its electricity bill by 20% to cover the power company’s increased costs due to lost revenue, Cointelegraph reported. The mine is understood to consume about 80 gigawatt hours of electricity annually, equivalent to the annual electricity consumption of 3,200 homes, in a city with a population of about 8,236 people. The mayor said the local government will look for new projects to make up for the reduced demand for electricity after the mine is closed. Noranet network manager Robin Jakobsen said: "When such a large number of commercial users stop using electricity overnight, there is bound to be an impact. He estimated that after adjustments, the average household in Hassell could pay about the equivalent of about $235 to $280 more per year. Climate technology venture capitalist Daniel Batten commented at the press conference: “When politicians hype Bitcoin, it is often ordinary people who suffer.” And believes: This is how Bitcoin mining can help Another example of lower electricity bills for ordinary people. Yet another datapoint showing how Bitcoin mining keeps power prices lower for everyday people. Brad Jones, the grid operator in Texas said the same thing. The peer review research says the same thing. When politicians gaslight Bitcoin, the people suffer. https://t.co/j8ySlP9KnJ — Daniel Batten (@DSBatten) September 14, 2024 Noise complaints at Norwegian Bitcoin mines In fact, this is not the first town in Norway to have noise complaints caused by Bitcoin mining facilities. In September 2022, residents of the Norwegian city of Svalbard also expressed dissatisfaction with the noise from Bitcoin mining activities. Kjetil Hove Pettersen, CEO of KryptoVault, pointed out that this may be another wave of media hype about Bitcoin, and said that "negative voices are usually more likely to attract media attention, but this does not represent the opinions of all residents." In 2018, DongZu also reported that KryptoVault (a Norwegian crypto mining company) even received death threats after local newspapers reported on its business. Related reports [Does mining noise destroy peace? 】A Norwegian cryptocurrency mine received a local "bomb" death threat due to excessive noise. The current situation of China's encryption: P2P bypasses the ban, the mine operates secretly, and CBDC is cut off? Frequent power outages in Venezuela are threatening miners! More than 11,000 mining machines were seized and power supply to the mines was stopped. <A small town in Norway was ordered to close a Bitcoin mine because it was too noisy, causing residents’ electricity bills to be 20% higher? 〉This article was first published in DongZu BlockTempo "DongZu DongTen - the most influential blockchain news media".
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Is it possible for Ke Wenzhe to earn "1,500" Bitcoins? Experts slap famous people in the face: Except for one situation, there is a high probability of spreading rumorsSenior media person Chen Minfeng recently questioned that the "2022/11/1 Xiao Shen 1500 Shen Qingjing" mentioned by former Taipei Mayor Ko Wenzhe in the USB accounting content seized by the prosecutors, 1500 refers to the acceptance of 1500 Bitcoin bribes. However, cryptocurrency experts analyze that this possibility is quite low, because large amounts of Bitcoin in and out are very easy to investigate. (Preliminary summary: Analyzing three major misunderstandings about Ke Wenzhe's potential "virtual money laundering", the encryption lawyer emphasized: There is currently no evidence!) (Background supplement: Internet rumors went viral that Taiwan Exchange card withdrawals were "Ke Wenzhe's fault", and the community started to criticize the virtual God of money, what’s the truth?) The Jinghua City case continues to spread. Taiwan People’s Party Chairman and former Taipei Mayor Ke Wenzhe was found guilty by the Taipei District Court of committing crimes such as accepting bribes and seeking profits in violation of the Corruption Crimes Ordinance, and was charged with death. Due to the risk of collusion between witnesses, it was ruled on the 5th that the detention ban had exceeded 10 days. Recently, Taiwanese media reported that when prosecutors searched Ke Wenzhe's home recently, they found a flash drive containing a "mysterious account book", which recorded "2022/11/1 Xiao Shen 1500 Shen Qingjing", thus questioning Ke Wenzhe's suspicion of accepting 15 million from Shen Qingjing. . Dongqu Dongqi reminds: "Everyone should be presumed innocent until proven guilty according to law." 1500 refers to 1500 Bitcoins? As the case continues to spread, Ke Wenzhe has recently been suspected of hiding financial flows through virtual currency. Chen Minfeng, a senior media person, recently pointed out in a Sanli program that "1500" refers to 1,500 Bitcoins, which is worth approximately NT$2.8 billion based on the current Bitcoin price of nearly US$59,000. Chen Minfeng also questioned that if the cash flow did not move, the prosecutor would hit a dead end in checking the cash flow. The possibility of receiving 1,500 Bitcoins as a gift is low. However, in response to this statement, some cryptocurrency experts explained that 1,500 Bitcoins are worth a lot of money, and are now equivalent to nearly NT$3 billion. Such a large amount, if it is stored in the Bitcoin blockchain There are flow records on the chain, and it will basically be classified as a "whale transfer asset" by the on-chain data tracking agency. In terms of cash flow analysis, it is very easy to investigate, because large amounts of Bitcoin in and out are very easy to investigate. Therefore, if Ke Wenzhe really has a cold wallet, and his cold wallet received 1,500 Bitcoins from Shen Qingjing, if it was received after 2022, the blockchain cash flow tracking technology would have been quite developed at that time. According to the current situation, it is not possible It's very possible that it can't be found. Maybe there are exceptions? However, experts point out that there may still be exceptions. For example, if the Bitcoin cash flow remains intact from a very early stage and is directly transferred from a cold wallet instead of a transfer, it may not be verified, but in this case is almost unlikely to happen. If the giver is an early Bitcoin miner and restores the mining wallet on the cold wallet through the private key, he can let the cold wallet own the Bitcoin without transferring any Bitcoin or leaving any traces. . But experts say that the reason why the industry will not do this is also very simple, because it means that the giver also has the private key of the wallet and can secretly transfer the amount inside, which means that the recipient’s funds may be transferred away. Risk, therefore, donations are still typically transferred via on-chain transfers. However, in response to the recent rumors that Ke Wenzhe's cold wallet was seized, the prosecutor recently issued a statement to clarify: I don't know where the news of the seizure of the "cold wallet" came from? The prosecutor also did not seize the USB in the safe. The relevant reports are inconsistent with the facts, so the facts have yet to be clarified. Related reports Wu Zijia reveals that Ke Wenzhe has tens of millions of USDT in his possession: Chongqing Jing loves to go to the casino and the chips are Tether. Why does Ke Wenzhe deposit millions of dollars in ATMs? Cryptoexpert: Chen Peiqi sells Bitcoin like OTC, but the logic is irrational. Ke Wenzhe’s Bitcoin gold flow cannot be found? Experts slap celebrities in the face: Exchange KYC must leave traces <Is it possible for Ke Wenzhe to collect "1500" Bitcoins? Experts slap famous people in the face: Except for one situation, there is a high probability of spreading rumors. This article was first published in BlockTempo's "Dong District BlockTempo - the most influential blockchain news media".

Is it possible for Ke Wenzhe to earn "1,500" Bitcoins? Experts slap famous people in the face: Except for one situation, there is a high probability of spreading rumors

Senior media person Chen Minfeng recently questioned that the "2022/11/1 Xiao Shen 1500 Shen Qingjing" mentioned by former Taipei Mayor Ko Wenzhe in the USB accounting content seized by the prosecutors, 1500 refers to the acceptance of 1500 Bitcoin bribes. However, cryptocurrency experts analyze that this possibility is quite low, because large amounts of Bitcoin in and out are very easy to investigate. (Preliminary summary: Analyzing three major misunderstandings about Ke Wenzhe's potential "virtual money laundering", the encryption lawyer emphasized: There is currently no evidence!) (Background supplement: Internet rumors went viral that Taiwan Exchange card withdrawals were "Ke Wenzhe's fault", and the community started to criticize the virtual God of money, what’s the truth?) The Jinghua City case continues to spread. Taiwan People’s Party Chairman and former Taipei Mayor Ke Wenzhe was found guilty by the Taipei District Court of committing crimes such as accepting bribes and seeking profits in violation of the Corruption Crimes Ordinance, and was charged with death. Due to the risk of collusion between witnesses, it was ruled on the 5th that the detention ban had exceeded 10 days. Recently, Taiwanese media reported that when prosecutors searched Ke Wenzhe's home recently, they found a flash drive containing a "mysterious account book", which recorded "2022/11/1 Xiao Shen 1500 Shen Qingjing", thus questioning Ke Wenzhe's suspicion of accepting 15 million from Shen Qingjing. . Dongqu Dongqi reminds: "Everyone should be presumed innocent until proven guilty according to law." 1500 refers to 1500 Bitcoins? As the case continues to spread, Ke Wenzhe has recently been suspected of hiding financial flows through virtual currency. Chen Minfeng, a senior media person, recently pointed out in a Sanli program that "1500" refers to 1,500 Bitcoins, which is worth approximately NT$2.8 billion based on the current Bitcoin price of nearly US$59,000. Chen Minfeng also questioned that if the cash flow did not move, the prosecutor would hit a dead end in checking the cash flow. The possibility of receiving 1,500 Bitcoins as a gift is low. However, in response to this statement, some cryptocurrency experts explained that 1,500 Bitcoins are worth a lot of money, and are now equivalent to nearly NT$3 billion. Such a large amount, if it is stored in the Bitcoin blockchain There are flow records on the chain, and it will basically be classified as a "whale transfer asset" by the on-chain data tracking agency. In terms of cash flow analysis, it is very easy to investigate, because large amounts of Bitcoin in and out are very easy to investigate. Therefore, if Ke Wenzhe really has a cold wallet, and his cold wallet received 1,500 Bitcoins from Shen Qingjing, if it was received after 2022, the blockchain cash flow tracking technology would have been quite developed at that time. According to the current situation, it is not possible It's very possible that it can't be found. Maybe there are exceptions? However, experts point out that there may still be exceptions. For example, if the Bitcoin cash flow remains intact from a very early stage and is directly transferred from a cold wallet instead of a transfer, it may not be verified, but in this case is almost unlikely to happen. If the giver is an early Bitcoin miner and restores the mining wallet on the cold wallet through the private key, he can let the cold wallet own the Bitcoin without transferring any Bitcoin or leaving any traces. . But experts say that the reason why the industry will not do this is also very simple, because it means that the giver also has the private key of the wallet and can secretly transfer the amount inside, which means that the recipient’s funds may be transferred away. Risk, therefore, donations are still typically transferred via on-chain transfers. However, in response to the recent rumors that Ke Wenzhe's cold wallet was seized, the prosecutor recently issued a statement to clarify: I don't know where the news of the seizure of the "cold wallet" came from? The prosecutor also did not seize the USB in the safe. The relevant reports are inconsistent with the facts, so the facts have yet to be clarified. Related reports Wu Zijia reveals that Ke Wenzhe has tens of millions of USDT in his possession: Chongqing Jing loves to go to the casino and the chips are Tether. Why does Ke Wenzhe deposit millions of dollars in ATMs? Cryptoexpert: Chen Peiqi sells Bitcoin like OTC, but the logic is irrational. Ke Wenzhe’s Bitcoin gold flow cannot be found? Experts slap celebrities in the face: Exchange KYC must leave traces <Is it possible for Ke Wenzhe to collect "1500" Bitcoins? Experts slap famous people in the face: Except for one situation, there is a high probability of spreading rumors. This article was first published in BlockTempo's "Dong District BlockTempo - the most influential blockchain news media".
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Looking at the future of cryptocurrency Ponzi from the law of entropy increase in physicsIn the context of the current cryptocurrency industry generally accepting and even advocating the Ponzi model, the author reminds us to return to rationality and re-examine the nature of the Ponzi scheme and its unsustainability from the perspective of physical dissipative systems. This article originates from an article written by NingNing and compiled by PANews. (Previous summary: Once the second richest man in China, Yang Bin was involved in a US$5 million "virtual currency mining" Ponzi scheme and jailed in Singapore) (Background supplement: The Bitcoin market is depressed because the real bull market has not yet begun. (To?) In the current industry, when "questioning Ponzi" is regarded as naive and "understanding Ponzi, becoming Ponzi" has become the mainstream idea, this new work of Teacher Loki is like a beam of light shining into "Plato's Cave", reminding The encryption industry, which is deep in the cave, needs to collectively turn its head to face the real world and solve real problems. Entropy's Relationship to the Ponzi Disk No matter how prosperous Ponzi is, I don't believe Ponzi will be the crypto Endgame. No matter how exquisitely designed the Ponzi disk is, it is essentially a physical dissipative system that requires constant input of energy or matter from the outside to maintain its structure and function. Observe the Ponzi disk from the perspective of a physical dissipative system: "Low entropy" energy = "Orderly structure" of the new investor's capital system = Pyramid stratification of investors "High entropy" Waste = Loss of funds and loss of trust energy Reduced quality = more and more new capital is required to maintain the same rate of return Limited external resources = the pool of potential investors is limited Accumulation of entropy = overall decline in trust in the market Rising maintenance costs for structures = increasingly more expensive to attract new investors Just like any dissipative system will eventually collapse because it cannot obtain enough "low-entropy" energy, the Ponzi scam will inevitably collapse when the new funds dry up. This is not an accident, but an inevitable result of the law of entropy increase. Dynamic zone supplement: The Second Law of Thermodynamics is one of the basic laws of thermodynamics, which describes the increasing trend of the entropy (i.e., the degree of disorder or the degree of chaos of the system) of a closed system over time. Specifically, this law states: The natural tendency of entropy: In an isolated system, entropy always tends to increase.That is, the degree of disorder in a system increases over time. This phenomenon shows that natural processes tend to cause systems to become more chaotic. Irreversibility: The law of entropy increase also reflects the irreversibility of natural processes. For example, heat always transfers from a hot object to a cold object, not the other way around. This process is irreversible and cannot return to its original state on its own. Thermodynamic equilibrium: When a closed system reaches thermodynamic equilibrium, entropy reaches its maximum value. At this point, the state of the system no longer changes, and all possible energy conversions and material changes have been completed. In short, the law of entropy increase illustrates the directionality of irreversible processes in nature and the gradual increase of system entropy, emphasizing the irreversibility of natural processes and the gradual chaos of the system. Thoughts on the Crypto Industry: The development of the crypto industry today is inseparable from the early Bitcoin OG sermons and the subsequent efforts of top VCs such as A16Z and Pentera to continuously create new narratives and construct new primitives. From the perspective of market theory, they are building a market on the one hand, attracting new investor funds on the other, and then exiting during the bull market cycle. However, this "business model" has been involved to this day and may have reached the upper limit of this dissipative system. As an example, cryptocurrency penetration in the U.S. market has exceeded 20%. The way to break the situation lies in the clichéd construction of projects that continuously innovate, improve efficiency, and create actual value. This is because continuous innovation, efficiency improvement and value creation can keep the system in a state "far from equilibrium". In this state, the system may produce new and unexpected structures and functions, further enhancing its sustainability. Therefore, the encryption industry urgently needs its own "ChatGPT" to appear at any time. The recently popular PayFi, Consumer Chain, AI Agent with Crypto Wallet, Chain Abstraction and other new tracks are all new solutions born under such environmental pressure. Of course, when evaluating the value of these projects, we need to reflect on the popular inherent thinking of technological determinism, background determinism, Infra worship, etc., and return to products and growth. Related reports: Yang Bin, once the second richest man in China, was involved in a US$5 million "virtual currency mining" Ponzi scheme and was imprisoned in Singapore. Is the Bitcoin market sluggish because the real bull market has not yet arrived? DeFi is dead? VC Big Guys Roundtable Discussion: Where is the future of decentralized finance? "Looking at the future of cryptocurrency Ponzi from the law of entropy increase in physics" This article was first published in "Dong District BlockTempo" "Dong District Trend-The Most Influential District" Blockchain News Media".

Looking at the future of cryptocurrency Ponzi from the law of entropy increase in physics

In the context of the current cryptocurrency industry generally accepting and even advocating the Ponzi model, the author reminds us to return to rationality and re-examine the nature of the Ponzi scheme and its unsustainability from the perspective of physical dissipative systems. This article originates from an article written by NingNing and compiled by PANews. (Previous summary: Once the second richest man in China, Yang Bin was involved in a US$5 million "virtual currency mining" Ponzi scheme and jailed in Singapore) (Background supplement: The Bitcoin market is depressed because the real bull market has not yet begun. (To?) In the current industry, when "questioning Ponzi" is regarded as naive and "understanding Ponzi, becoming Ponzi" has become the mainstream idea, this new work of Teacher Loki is like a beam of light shining into "Plato's Cave", reminding The encryption industry, which is deep in the cave, needs to collectively turn its head to face the real world and solve real problems. Entropy's Relationship to the Ponzi Disk No matter how prosperous Ponzi is, I don't believe Ponzi will be the crypto Endgame. No matter how exquisitely designed the Ponzi disk is, it is essentially a physical dissipative system that requires constant input of energy or matter from the outside to maintain its structure and function. Observe the Ponzi disk from the perspective of a physical dissipative system: "Low entropy" energy = "Orderly structure" of the new investor's capital system = Pyramid stratification of investors "High entropy" Waste = Loss of funds and loss of trust energy Reduced quality = more and more new capital is required to maintain the same rate of return Limited external resources = the pool of potential investors is limited Accumulation of entropy = overall decline in trust in the market Rising maintenance costs for structures = increasingly more expensive to attract new investors Just like any dissipative system will eventually collapse because it cannot obtain enough "low-entropy" energy, the Ponzi scam will inevitably collapse when the new funds dry up. This is not an accident, but an inevitable result of the law of entropy increase. Dynamic zone supplement: The Second Law of Thermodynamics is one of the basic laws of thermodynamics, which describes the increasing trend of the entropy (i.e., the degree of disorder or the degree of chaos of the system) of a closed system over time. Specifically, this law states: The natural tendency of entropy: In an isolated system, entropy always tends to increase.That is, the degree of disorder in a system increases over time. This phenomenon shows that natural processes tend to cause systems to become more chaotic. Irreversibility: The law of entropy increase also reflects the irreversibility of natural processes. For example, heat always transfers from a hot object to a cold object, not the other way around. This process is irreversible and cannot return to its original state on its own. Thermodynamic equilibrium: When a closed system reaches thermodynamic equilibrium, entropy reaches its maximum value. At this point, the state of the system no longer changes, and all possible energy conversions and material changes have been completed. In short, the law of entropy increase illustrates the directionality of irreversible processes in nature and the gradual increase of system entropy, emphasizing the irreversibility of natural processes and the gradual chaos of the system. Thoughts on the Crypto Industry: The development of the crypto industry today is inseparable from the early Bitcoin OG sermons and the subsequent efforts of top VCs such as A16Z and Pentera to continuously create new narratives and construct new primitives. From the perspective of market theory, they are building a market on the one hand, attracting new investor funds on the other, and then exiting during the bull market cycle. However, this "business model" has been involved to this day and may have reached the upper limit of this dissipative system. As an example, cryptocurrency penetration in the U.S. market has exceeded 20%. The way to break the situation lies in the clichéd construction of projects that continuously innovate, improve efficiency, and create actual value. This is because continuous innovation, efficiency improvement and value creation can keep the system in a state "far from equilibrium". In this state, the system may produce new and unexpected structures and functions, further enhancing its sustainability. Therefore, the encryption industry urgently needs its own "ChatGPT" to appear at any time. The recently popular PayFi, Consumer Chain, AI Agent with Crypto Wallet, Chain Abstraction and other new tracks are all new solutions born under such environmental pressure. Of course, when evaluating the value of these projects, we need to reflect on the popular inherent thinking of technological determinism, background determinism, Infra worship, etc., and return to products and growth. Related reports: Yang Bin, once the second richest man in China, was involved in a US$5 million "virtual currency mining" Ponzi scheme and was imprisoned in Singapore. Is the Bitcoin market sluggish because the real bull market has not yet arrived? DeFi is dead? VC Big Guys Roundtable Discussion: Where is the future of decentralized finance? "Looking at the future of cryptocurrency Ponzi from the law of entropy increase in physics" This article was first published in "Dong District BlockTempo" "Dong District Trend-The Most Influential District" Blockchain News Media".
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Ceylon scolded Bone for "collecting money to cut leeks for an Indian prodigy"? Fact check: There is no money exchange between the two parties in cooperationInternet celebrity Zeng Boen recently posted a video interviewing Indian prodigy Anand during the Asia Blockchain Summit (ABS). As a result, Belgian YouTuber Ceylon was dissatisfied and criticized Boen for becoming a magician's amplifier and helping to cut cryptocurrency leeks. , but a member of the ABS organizer today launched a counterattack against Ceylon's six major criticisms. (Preliminary summary: Indian prodigy talks about Bitcoin's "2025 big rebound", and Taiwan may be invaded by China at two points in time) (Background supplement: Exclusive interview" Indian prodigy Anand: I am not a magician, but an astrologer! Questioners welcome Come and play) Indian prodigy Abhigya Anand is world-famous for his astrological predictions and attended the Asia Blockchain Summit (ABS) held in Taiwan in early August. Internet celebrity Zeng Boen interviewed Anand exclusively during ABS. The video was recently released, in which Anand talks about his views on the future of cryptocurrency, astrology research and when China might invade Taiwan, among other hot topics. Ceylon criticizes Born: The amplifier for becoming a magician is no more than a Belgian YouTuber. Ceylon was quite dissatisfied with the conversation between Born and Anand. He opened fire on Threads on the 15th, saying, "I have seen some Chinese YouTubers normalizing the magician." It’s really uncomfortable.” He said that it was okay for Bone to invite Anand to the show, but he almost allowed the other party to talk non-stop during the whole conversation, without saying a single counter-point of his own, and he was just using it as a loudspeaker. : I am also a person who has gone to college and knows how to identify or reflect on arguments and arguments. Did you really not have any doubts after hearing what he said? Ceylan further questioned: Do you want to ask him how he saw that the vaccine is useless in 2021 through the so-called "stargazing" and told everyone not to get the vaccine but to just eat turmeric? Do you want to ask why World War III, which he predicted would happen in 2020, never happened? Do you want to ask why he removed all the videos that he predicted completely wrong, leaving only the ones that seemed accurate? Can predictions be played like this? Who doesn’t know how to kill birds with random guns? Ceylon also criticized that Bohn said at the beginning that he did not know who the guest was, but in the end, in the first 5 minutes of the interview, he seemed to be ready to talk about a certain blockchain activity and blockchain trend for no reason: So this is an advertisement Or not an ad?No one knows. There is no disclosure either. So what is this? Invite a magician to come up, and then use your own platform to help the magician amplify his own magic opinions, so this magician can use these magic opinions to help cut cryptocurrency leeks? And then you think everyone can’t see it? Ceylon finally criticized that Anand is not popular in many parts of the world and no one in the English circle knows or discusses him, but he was invited to Taiwan to participate in events and endorsed the cryptocurrency industry with a lot of money: It is also thanks to this culture, thanks to Lao Gao , thanks to various YouTubers and media outlets who deliberately choose not to think, these smooth-talking bastards can make money easily in this land. In most other places no one cares, but in Taiwan they are gods. Let me teach Anand a trick: Next time, you can say that because of the relationship between Saturn and Jupiter, braised pork rice will continue to be delicious in 2025. This is guaranteed to take your Taiwan career to the next level. come on. Anand came to Taiwan to lead the way and counterattack, but the organizer of the one who brought Anand to Taiwan, Will, the representative of the Asia Blockchain Summit (ABS2024), also wrote on Dcard "Ceylon, the face of smearing traffic is disgusting". Posted on the topic, he launched a counterattack against Ceylon's five major criticisms one by one, and said that he, who had the most intensive contact and communication with Anand in Taiwan in the past year, was very angry at Ceylon's remarks. As a media outlet, Dongfang District also further verified the truth of Will's remarks. In fact, Anand came to Taiwan in the name of scientific and technological exchanges. It was not as Ceylon said. He was paid to come to Taiwan to promote cutting leeks, and Anand did not When promoting any cryptocurrency project, here are the five major points Will clarified: 1. Pay big money to come to Taiwan? Will emphasized that Anand was not invited to Taiwan with "big money". Anand did not charge any speaking fees for this trip (including the Asian Blockchain Summit, FTV interviews, Bowen program planning, etc.), and the team assistance only paid for himself and a team An Indian-Taiwanese tour guide’s round-trip air tickets and accommodation were “not at all” charged for any public meetings and interviews: To put it bluntly, any artist, band, KOL, etc. would be charged when conducting business performances. Travel expenses, not to mention that Anand flew from India to Taiwan to give a speech? 2. Satyr paid Anand to be on the show? As for the exclusive interview between Satair Entertainment and Anand, Will also said that the invitations were made simultaneously with both parties during the invitation period, and it was not one party that invited the other party. As for Sartel, Anand was not charged for filming the program, and the setting of the program "First Met Abo" meant that Bone was allowed to film without knowing who the guest was. , he believed that Sartel strictly abides by it, but this part is more open-minded. As for Anand, Will also said that Anand knew that it was Bone who was filming, but he had no idea what kind of questions Bone would ask. It was completely a performance of his character. Anand had no idea who Bone was beforehand: I We also specially held a Google Meet to introduce STR Network to him, hoping to try our best to promote him and Sattel to shoot. Let alone Ceylon, Anand can’t read Chinese, and still has time to watch Chinese Youtube channels? 3. Does the interview involve advertising? Will also mentioned that Anand’s visit to Taiwan was mainly to participate in blockchain activities, so he explained that his motivation for coming to Taiwan was very reasonable. Since he did not receive a speaking fee, there was no suspicion of advertising: He did not say that he came to participate. If you are giving a keynote speech at a blockchain event, why don’t you say that you are friends with Boen? Or did you fly to Taiwan specifically for the interview with Bowen? In every interview, he mentioned the purpose of coming to Taiwan this time. However, Bowen's film has a high traffic volume. Ceylon, you just come here to take advantage of it? 4. Prediction is not the same as prophecy. Will also mentioned Ceylon’s attack on Anand. The original PO responded that astrology, fortune telling, zodiac signs, Ziwei Dou Shu, etc. are all based on statistics/data science.” "Prediction" rather than "prophecy". The purpose of prediction is to increase the probability as much as possible. It does not mean that it will definitely happen. Many of Anand's predictions are also general. In research based on his understanding of history and data Inferences made: I have also made it clear that my predictions are not 100% accurate. 5. Does the Indian prodigy predict that he will cut leeks for free? Finally, Will also emphasized that when Anand made predictions, for NGOs and other organizations, there would be no charge, while corporate profit-making groups would charge a certain amount, but most of the fees would be donated, and users should pay as they should. What on earth is there? Do people have to provide any information and content output for free? The original PO then criticized Ceylon: What's more, as a Youtuber, aren't you also making money through fans and traffic? Neither you nor Anand ever forced anyone to offer money? Why should Anand be called a dog by you? Finally, you really don’t want to teach Anand any tricks. He can’t read Chinese at all and has no time to fool around with you on Thread. He keeps saying that he hates Taiwan, and then leaves Taiwan to live in Japan, but ...

Ceylon scolded Bone for "collecting money to cut leeks for an Indian prodigy"? Fact check: There is no money exchange between the two parties in cooperation

Internet celebrity Zeng Boen recently posted a video interviewing Indian prodigy Anand during the Asia Blockchain Summit (ABS). As a result, Belgian YouTuber Ceylon was dissatisfied and criticized Boen for becoming a magician's amplifier and helping to cut cryptocurrency leeks. , but a member of the ABS organizer today launched a counterattack against Ceylon's six major criticisms. (Preliminary summary: Indian prodigy talks about Bitcoin's "2025 big rebound", and Taiwan may be invaded by China at two points in time) (Background supplement: Exclusive interview" Indian prodigy Anand: I am not a magician, but an astrologer! Questioners welcome Come and play) Indian prodigy Abhigya Anand is world-famous for his astrological predictions and attended the Asia Blockchain Summit (ABS) held in Taiwan in early August. Internet celebrity Zeng Boen interviewed Anand exclusively during ABS. The video was recently released, in which Anand talks about his views on the future of cryptocurrency, astrology research and when China might invade Taiwan, among other hot topics. Ceylon criticizes Born: The amplifier for becoming a magician is no more than a Belgian YouTuber. Ceylon was quite dissatisfied with the conversation between Born and Anand. He opened fire on Threads on the 15th, saying, "I have seen some Chinese YouTubers normalizing the magician." It’s really uncomfortable.” He said that it was okay for Bone to invite Anand to the show, but he almost allowed the other party to talk non-stop during the whole conversation, without saying a single counter-point of his own, and he was just using it as a loudspeaker. : I am also a person who has gone to college and knows how to identify or reflect on arguments and arguments. Did you really not have any doubts after hearing what he said? Ceylan further questioned: Do you want to ask him how he saw that the vaccine is useless in 2021 through the so-called "stargazing" and told everyone not to get the vaccine but to just eat turmeric? Do you want to ask why World War III, which he predicted would happen in 2020, never happened? Do you want to ask why he removed all the videos that he predicted completely wrong, leaving only the ones that seemed accurate? Can predictions be played like this? Who doesn’t know how to kill birds with random guns? Ceylon also criticized that Bohn said at the beginning that he did not know who the guest was, but in the end, in the first 5 minutes of the interview, he seemed to be ready to talk about a certain blockchain activity and blockchain trend for no reason: So this is an advertisement Or not an ad?No one knows. There is no disclosure either. So what is this? Invite a magician to come up, and then use your own platform to help the magician amplify his own magic opinions, so this magician can use these magic opinions to help cut cryptocurrency leeks? And then you think everyone can’t see it? Ceylon finally criticized that Anand is not popular in many parts of the world and no one in the English circle knows or discusses him, but he was invited to Taiwan to participate in events and endorsed the cryptocurrency industry with a lot of money: It is also thanks to this culture, thanks to Lao Gao , thanks to various YouTubers and media outlets who deliberately choose not to think, these smooth-talking bastards can make money easily in this land. In most other places no one cares, but in Taiwan they are gods. Let me teach Anand a trick: Next time, you can say that because of the relationship between Saturn and Jupiter, braised pork rice will continue to be delicious in 2025. This is guaranteed to take your Taiwan career to the next level. come on. Anand came to Taiwan to lead the way and counterattack, but the organizer of the one who brought Anand to Taiwan, Will, the representative of the Asia Blockchain Summit (ABS2024), also wrote on Dcard "Ceylon, the face of smearing traffic is disgusting". Posted on the topic, he launched a counterattack against Ceylon's five major criticisms one by one, and said that he, who had the most intensive contact and communication with Anand in Taiwan in the past year, was very angry at Ceylon's remarks. As a media outlet, Dongfang District also further verified the truth of Will's remarks. In fact, Anand came to Taiwan in the name of scientific and technological exchanges. It was not as Ceylon said. He was paid to come to Taiwan to promote cutting leeks, and Anand did not When promoting any cryptocurrency project, here are the five major points Will clarified: 1. Pay big money to come to Taiwan? Will emphasized that Anand was not invited to Taiwan with "big money". Anand did not charge any speaking fees for this trip (including the Asian Blockchain Summit, FTV interviews, Bowen program planning, etc.), and the team assistance only paid for himself and a team An Indian-Taiwanese tour guide’s round-trip air tickets and accommodation were “not at all” charged for any public meetings and interviews: To put it bluntly, any artist, band, KOL, etc. would be charged when conducting business performances. Travel expenses, not to mention that Anand flew from India to Taiwan to give a speech? 2. Satyr paid Anand to be on the show? As for the exclusive interview between Satair Entertainment and Anand, Will also said that the invitations were made simultaneously with both parties during the invitation period, and it was not one party that invited the other party. As for Sartel, Anand was not charged for filming the program, and the setting of the program "First Met Abo" meant that Bone was allowed to film without knowing who the guest was. , he believed that Sartel strictly abides by it, but this part is more open-minded. As for Anand, Will also said that Anand knew that it was Bone who was filming, but he had no idea what kind of questions Bone would ask. It was completely a performance of his character. Anand had no idea who Bone was beforehand: I We also specially held a Google Meet to introduce STR Network to him, hoping to try our best to promote him and Sattel to shoot. Let alone Ceylon, Anand can’t read Chinese, and still has time to watch Chinese Youtube channels? 3. Does the interview involve advertising? Will also mentioned that Anand’s visit to Taiwan was mainly to participate in blockchain activities, so he explained that his motivation for coming to Taiwan was very reasonable. Since he did not receive a speaking fee, there was no suspicion of advertising: He did not say that he came to participate. If you are giving a keynote speech at a blockchain event, why don’t you say that you are friends with Boen? Or did you fly to Taiwan specifically for the interview with Bowen? In every interview, he mentioned the purpose of coming to Taiwan this time. However, Bowen's film has a high traffic volume. Ceylon, you just come here to take advantage of it? 4. Prediction is not the same as prophecy. Will also mentioned Ceylon’s attack on Anand. The original PO responded that astrology, fortune telling, zodiac signs, Ziwei Dou Shu, etc. are all based on statistics/data science.” "Prediction" rather than "prophecy". The purpose of prediction is to increase the probability as much as possible. It does not mean that it will definitely happen. Many of Anand's predictions are also general. In research based on his understanding of history and data Inferences made: I have also made it clear that my predictions are not 100% accurate. 5. Does the Indian prodigy predict that he will cut leeks for free? Finally, Will also emphasized that when Anand made predictions, for NGOs and other organizations, there would be no charge, while corporate profit-making groups would charge a certain amount, but most of the fees would be donated, and users should pay as they should. What on earth is there? Do people have to provide any information and content output for free? The original PO then criticized Ceylon: What's more, as a Youtuber, aren't you also making money through fans and traffic? Neither you nor Anand ever forced anyone to offer money? Why should Anand be called a dog by you? Finally, you really don’t want to teach Anand any tricks. He can’t read Chinese at all and has no time to fool around with you on Thread. He keeps saying that he hates Taiwan, and then leaves Taiwan to live in Japan, but ...
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Cryptocurrency payments coming to PS5? Circle cooperates with Sony L2 "Soneium" to introduce USDCJapanese electronics giant Sony Group announced the launch of Ethereum's second-layer network Soneium last month, and after its launch, it actively cooperated with a number of projects. Just today, the stablecoin USDC issuer Circle also announced a strategic partnership with Sony Block Solutions Labs Cooperate to introduce USDC to the Soneium network. (Preliminary news: Sony L2 "Soneium" will fully integrate its gaming, music, film and television industries. What changes will the Sony empire face? ) (Background supplement: Sony (Sony) launched the Ethereum L2 "Soneium" test network and will be online. Ambush airdrop? ) Japanese electronics giant Sony Group announced the launch of Ethereum’s second-layer network Soneium on August 23, announcing that in the future it will fully integrate its huge territory of games, music, film and television industries, Soneium built on OP Stack It has also recently announced cooperation with a number of projects. Cooperation Circle introduces USDC Just today (16th), Circle, the issuer of the stable currency USDC, also announced a strategic cooperation with Sony Block Solutions Labs to introduce USDC to the Soneium network. According to the press release, Soneium will integrate Bridged USDC Standard and establish it as one of the blockchain’s primary value exchange tokens. It is understood that Bridged USDC Standard is a specification and process designed for deploying Bridged USDC on blockchains compatible with the Ethereum Virtual Machine (EVM), allowing developers to easily deploy on second-layer blockchains such as Soneium. Enable digital dollar payments. Regarding this cooperation, Circle co-founder and CEO said: We are very excited to work with Sony Block Solutions Labs to reimagine how to support creativity and innovation in the digital age. This collaboration is an important milestone for Circle in promoting the adoption of stablecoins and blockchain technology, and will empower creators to thrive through a secure and easy-to-use Web3 experience. Jun Watanabe, CEO of Sony Block Solutions Labs, also Said: By integrating Circle’s financial infrastructure, we will redefine the landscape of digital entertainment and finance. This collaboration aligns perfectly with our vision to build a more efficient and connected digital ecosystem. We look forward to this collaboration not only advancing technology but also bringing real benefits to Soneium and users around the world. Will cryptocurrency payments be used in the future? On the other hand, through cooperation with Circle, Sony Block Solutions Labs CEO Jun Watanabe said that "it will redefine the landscape of digital entertainment and finance." According to data from Futu Niu Niu, Sony Group’s current main businesses are “games and network services, entertainment technology and services, and financial services.” The revenue of these three businesses accounts for approximately 65% ​​of the company’s overall revenue. Is PS5 expected to support USDC? We know that every time the Sony Group’s PlayStation series of game consoles are released, gamers around the world rush to buy them. With the convenience of online purchases in recent years, game purchases have gradually turned to digital payments, and the PlayStation Game Mall is currently the most widely used place for digital payments in the Sony Group. The author speculates that Sony Group has actively deployed the blockchain ecosystem in the past two years and cooperated with USDC publisher Circle on payment applications. If blockchain is further integrated into the company's business in the future, players may see "cryptocurrency" in the PlayStation payment pipeline. Payment option. Related reports BNB breaks through $700 to new high! Magnesium, with a market value of 100 billion, surpasses Starbucks and is on the verge of electronic giant Sony Sony entering the cryptocurrency exchange! Acquired Amber Japan and renamed "S.BLOX" to expand Web3 territory. SONY's eight-year Web3 process analysis: Why is the potential of L2 "Soneium" possibly overestimated? 〈Encrypted payment is available on PS5? Circle cooperates with Sony L2 "Soneium" to introduce USDC> This article was first published in BlockTempo "DongZu DongTen - the most influential blockchain news media".

Cryptocurrency payments coming to PS5? Circle cooperates with Sony L2 "Soneium" to introduce USDC

Japanese electronics giant Sony Group announced the launch of Ethereum's second-layer network Soneium last month, and after its launch, it actively cooperated with a number of projects. Just today, the stablecoin USDC issuer Circle also announced a strategic partnership with Sony Block Solutions Labs Cooperate to introduce USDC to the Soneium network. (Preliminary news: Sony L2 "Soneium" will fully integrate its gaming, music, film and television industries. What changes will the Sony empire face? ) (Background supplement: Sony (Sony) launched the Ethereum L2 "Soneium" test network and will be online. Ambush airdrop? ) Japanese electronics giant Sony Group announced the launch of Ethereum’s second-layer network Soneium on August 23, announcing that in the future it will fully integrate its huge territory of games, music, film and television industries, Soneium built on OP Stack It has also recently announced cooperation with a number of projects. Cooperation Circle introduces USDC Just today (16th), Circle, the issuer of the stable currency USDC, also announced a strategic cooperation with Sony Block Solutions Labs to introduce USDC to the Soneium network. According to the press release, Soneium will integrate Bridged USDC Standard and establish it as one of the blockchain’s primary value exchange tokens. It is understood that Bridged USDC Standard is a specification and process designed for deploying Bridged USDC on blockchains compatible with the Ethereum Virtual Machine (EVM), allowing developers to easily deploy on second-layer blockchains such as Soneium. Enable digital dollar payments. Regarding this cooperation, Circle co-founder and CEO said: We are very excited to work with Sony Block Solutions Labs to reimagine how to support creativity and innovation in the digital age. This collaboration is an important milestone for Circle in promoting the adoption of stablecoins and blockchain technology, and will empower creators to thrive through a secure and easy-to-use Web3 experience. Jun Watanabe, CEO of Sony Block Solutions Labs, also Said: By integrating Circle’s financial infrastructure, we will redefine the landscape of digital entertainment and finance. This collaboration aligns perfectly with our vision to build a more efficient and connected digital ecosystem. We look forward to this collaboration not only advancing technology but also bringing real benefits to Soneium and users around the world. Will cryptocurrency payments be used in the future? On the other hand, through cooperation with Circle, Sony Block Solutions Labs CEO Jun Watanabe said that "it will redefine the landscape of digital entertainment and finance." According to data from Futu Niu Niu, Sony Group’s current main businesses are “games and network services, entertainment technology and services, and financial services.” The revenue of these three businesses accounts for approximately 65% ​​of the company’s overall revenue. Is PS5 expected to support USDC? We know that every time the Sony Group’s PlayStation series of game consoles are released, gamers around the world rush to buy them. With the convenience of online purchases in recent years, game purchases have gradually turned to digital payments, and the PlayStation Game Mall is currently the most widely used place for digital payments in the Sony Group. The author speculates that Sony Group has actively deployed the blockchain ecosystem in the past two years and cooperated with USDC publisher Circle on payment applications. If blockchain is further integrated into the company's business in the future, players may see "cryptocurrency" in the PlayStation payment pipeline. Payment option. Related reports BNB breaks through $700 to new high! Magnesium, with a market value of 100 billion, surpasses Starbucks and is on the verge of electronic giant Sony Sony entering the cryptocurrency exchange! Acquired Amber Japan and renamed "S.BLOX" to expand Web3 territory. SONY's eight-year Web3 process analysis: Why is the potential of L2 "Soneium" possibly overestimated? 〈Encrypted payment is available on PS5? Circle cooperates with Sony L2 "Soneium" to introduce USDC> This article was first published in BlockTempo "DongZu DongTen - the most influential blockchain news media".
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Catizen revised airdrop rules and caused public outrage. Official clarification: to prevent robots from cheatingCatizen’s airdrop allocation rules and proportions have recently caused widespread concern and dissatisfaction among players. The official clarification: the adjusted airdrop weight indicator is to reflect real player activities and curb bot cheating. (Previous summary: Catizen listed on Binance’s 59th Launchpool for new coin mining, $CATI surged 32% before the market opened) (Background supplement: Catizen completed the business model upgrade and became the leader in the development of Telegram applications) Popular chain in the TON ecosystem Game Catizen finally officially opened users’ inquiries on the evening of last Saturday (14th) to inquire how many $CATI tokens they could get in the airdrop. However, many players were dissatisfied with the lower-than-expected distribution amount and the official change of airdrop distribution standards without warning, as follows. Let us clarify the entire dispute in detail. Airdrop ratio changed from 43% to 34%? First of all, according to previous official announcements, $CATI token economics originally showed that the total number of tokens was 1 billion and the airdrop ratio was 43%. However, the latest information released by the Catizen channel on September 15 showed that the airdrop ratio has been adjusted to 34%, and Only 15% of the token generation event (TGE) will be allocated initially to reward Season 1 players, and the remaining 19% of the airdrop will be used for quarterly airdrop activities, which is expected to be completed within 12 quarters after the TGE. Netizen @Gautamguptagg said: "The token distribution to early contributors is not fair - more than 80% of real users have invested their valuable time. If 45% of the supply is allocated to the community instead of 15%, each user will Obtain a more reasonable token distribution.” In this regard, the official clarified that 43% of the supply will be allocated to airdrops and the ecosystem, including 90 million tokens (43% = 34% + 9%) provided by Binance Launchpool. . According to Binance’s announcement, users can invest BNB and FDUSD into the Catizen mining pool starting from 18:00 on September 16, 2024, Taiwan time, to participate in the four-day new currency mining activity. On September 15th, Catizen announced the specific issuance plan. Is the focus of token distribution non-vKitty income? On the other hand, the official announced long ago that the key to token distribution is the speed at which players earn in-game tokens $vKitty on the platform (the higher the level of the cat, the faster the currency is earned), but later it was discovered that this does not seem to be the case Maximum allocation weight. For example, netizen @Cryptowithkhan said: “I am ranked 6,000 out of 36 million players, but I only received 39 $CATI.In this regard, the development team explained that because some players used scripts and robot plug-ins to increase their income and try to obtain more CATI tokens, the team had to modify the airdrop design. The adjusted standard reduces the weight of vKitty income rate and changes it to an indicator that better reflects real player activities, such as on-chain interaction, task completion, fish currency purchase and consumption. It also stated that Catizen previously issued an anti-cheat notice on May 2, which stated: Any use of scripts, vulnerabilities, code or invitation bots to cheat will not be tolerated. There are no shortcuts here. The Catizen team is committed to preventing this type of abuse and ensuring our governance tokens are distributed to genuine players. In other words, if you invite more people and invest more money in interaction, you will receive more token rewards; but for players without tuition fees, the token distribution they receive will be squeezed. It can only be said that the standards for token airdrops are really a very complicated subject, and how to satisfy everyone in the ecosystem is really not an easy task. $CATI pre-market price trend Currently, according to the OKX pre-market price, the price of the CATI token is approximately US$0.725, and it once reached US$0.843 this morning. According to official instructions, major exchanges are expected to officially launch trading at 6:00 pm on September 20, Taiwan time. CATI token pre-market price related reports: Catizen is listed on Binance’s 59th Launchpool for new coin mining, and $CATI surges 32% before the market opens. Catizen completes business model upgrade and becomes the leader in the development of Telegram applications. Catizen announces the price of air investment: entering the silver level All players can claim, $CATI pre-market trading price, token economics summary <Catizen modified airdrop rules to cause public outrage, official clarification: to prevent robots from cheating> This article was first published in DongZu BlockTempo "DongZu DongTren-Most The most influential blockchain news media.

Catizen revised airdrop rules and caused public outrage. Official clarification: to prevent robots from cheating

Catizen’s airdrop allocation rules and proportions have recently caused widespread concern and dissatisfaction among players. The official clarification: the adjusted airdrop weight indicator is to reflect real player activities and curb bot cheating. (Previous summary: Catizen listed on Binance’s 59th Launchpool for new coin mining, $CATI surged 32% before the market opened) (Background supplement: Catizen completed the business model upgrade and became the leader in the development of Telegram applications) Popular chain in the TON ecosystem Game Catizen finally officially opened users’ inquiries on the evening of last Saturday (14th) to inquire how many $CATI tokens they could get in the airdrop. However, many players were dissatisfied with the lower-than-expected distribution amount and the official change of airdrop distribution standards without warning, as follows. Let us clarify the entire dispute in detail. Airdrop ratio changed from 43% to 34%? First of all, according to previous official announcements, $CATI token economics originally showed that the total number of tokens was 1 billion and the airdrop ratio was 43%. However, the latest information released by the Catizen channel on September 15 showed that the airdrop ratio has been adjusted to 34%, and Only 15% of the token generation event (TGE) will be allocated initially to reward Season 1 players, and the remaining 19% of the airdrop will be used for quarterly airdrop activities, which is expected to be completed within 12 quarters after the TGE. Netizen @Gautamguptagg said: "The token distribution to early contributors is not fair - more than 80% of real users have invested their valuable time. If 45% of the supply is allocated to the community instead of 15%, each user will Obtain a more reasonable token distribution.” In this regard, the official clarified that 43% of the supply will be allocated to airdrops and the ecosystem, including 90 million tokens (43% = 34% + 9%) provided by Binance Launchpool. . According to Binance’s announcement, users can invest BNB and FDUSD into the Catizen mining pool starting from 18:00 on September 16, 2024, Taiwan time, to participate in the four-day new currency mining activity. On September 15th, Catizen announced the specific issuance plan. Is the focus of token distribution non-vKitty income? On the other hand, the official announced long ago that the key to token distribution is the speed at which players earn in-game tokens $vKitty on the platform (the higher the level of the cat, the faster the currency is earned), but later it was discovered that this does not seem to be the case Maximum allocation weight. For example, netizen @Cryptowithkhan said: “I am ranked 6,000 out of 36 million players, but I only received 39 $CATI.In this regard, the development team explained that because some players used scripts and robot plug-ins to increase their income and try to obtain more CATI tokens, the team had to modify the airdrop design. The adjusted standard reduces the weight of vKitty income rate and changes it to an indicator that better reflects real player activities, such as on-chain interaction, task completion, fish currency purchase and consumption. It also stated that Catizen previously issued an anti-cheat notice on May 2, which stated: Any use of scripts, vulnerabilities, code or invitation bots to cheat will not be tolerated. There are no shortcuts here. The Catizen team is committed to preventing this type of abuse and ensuring our governance tokens are distributed to genuine players. In other words, if you invite more people and invest more money in interaction, you will receive more token rewards; but for players without tuition fees, the token distribution they receive will be squeezed. It can only be said that the standards for token airdrops are really a very complicated subject, and how to satisfy everyone in the ecosystem is really not an easy task. $CATI pre-market price trend Currently, according to the OKX pre-market price, the price of the CATI token is approximately US$0.725, and it once reached US$0.843 this morning. According to official instructions, major exchanges are expected to officially launch trading at 6:00 pm on September 20, Taiwan time. CATI token pre-market price related reports: Catizen is listed on Binance’s 59th Launchpool for new coin mining, and $CATI surges 32% before the market opens. Catizen completes business model upgrade and becomes the leader in the development of Telegram applications. Catizen announces the price of air investment: entering the silver level All players can claim, $CATI pre-market trading price, token economics summary <Catizen modified airdrop rules to cause public outrage, official clarification: to prevent robots from cheating> This article was first published in DongZu BlockTempo "DongZu DongTren-Most The most influential blockchain news media.
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A love letter to decentralization believers: The intersection of cryptography, moral responsibility and the cryptopunk movementThis article explores the intersection of cryptography, moral responsibility and political activism through the Cryptopunk Manifesto, calling for the development of cryptographic solutions that focus on human rights and the public interest. This article originates from an article written by Eric Blair, organized and compiled by BlockBeats. (Previous summary: El Salvador transferred 5,689 Bitcoins to a cold wallet! Donations poured into the address: rare satoshi, cryptopunk manifesto...) (Background supplement: Buterin's 30th birthday speech: ETH returns to cryptopunk, it's time to let go A new generation has come to succeed me!) Inspired by the Cryptopunk Manifesto and Phillip Rogaway’s analysis of the ethical character of cryptography, this article explores the intersection of cryptographic work and ethical responsibility with political activism. The discussion covered the historical context for the development of cryptography, the philosophical underpinnings of cypherpunk ideology, and contemporary challenges posed by mass surveillance and privacy concerns. By examining these aspects, this article calls for a renewed commitment to developing cryptographic solutions that prioritize human rights and public goods. Introduction Cryptography has long been a tool for securing communications and protecting privacy. However, its role goes beyond technical implementation and covers important political and moral dimensions. The Cryptopunk Manifesto [7] written by Eric Hughes in 1993 emphasized the inherently political nature of cryptography and advocated its use as a means of ensuring privacy and individual liberty. Similarly, the work of Phillip Rogaway [10] highlights the ethical responsibilities of cryptographers, especially in the context of mass surveillance and social influence. Fundamentally, cryptography can be seen as an "armed" means for the public to protect themselves. The 1993 declaration and Rogaway's work underscored two key points: distrust of government and the protection of collective materials. This sentiment is echoed in the thinking of David Chaum, who proposed a transaction model that relies on strong encryption to protect privacy. Although more than 40 years have passed since these ideas were first proposed, the dream of protecting society from information abuse remains elusive. As Chaum warns: “Computerization is taking away the ability of individuals to monitor and control how information about themselves is used.(…) are laying the foundations for an archival society in which computers can be used to infer individual lifestyles, habits, whereabouts and relationships of ordinary consumers based on data gathered from their transactions” [5]. In reality, we have gone in a different direction. Today, we rely on these materials to simplify and improve our lives. In addition, we are willing to provide this information to make the device "smarter" and better suited to our needs. On the one hand, this gives us more time to focus on other tasks, such as developing advanced artificial intelligence technology. On the other hand, we have also forgotten the essence of why cryptography is necessary and what the original dream was. Moving from a privacy-focused perspective to one that embraces data sharing for convenience highlights a significant ethical dilemma. While technological advancements make life easier, they also increase the risk of creating a surveillance society. The cryptopunk ethos, which aims to empower individuals and protect their privacy, seems at odds with today's practice. To reconcile these differences, cryptographers and privacy advocates must rekindle cryptography’s original vision—not just as a tool for convenience, but as a tool for preserving privacy, autonomy, and protection against uncontrolled means of monitoring. Another shift in formalization involves the liaison between cryptography and anarchism. As set out in the original Crypto-Anarchist Manifesto, anarchist ideas and the use of cryptography are closely intertwined. In essence, cryptography is seen as a tool to advance anarchist principles. Anarchism, which opposes all forms of authority and calls for the abolition of institutions, finds a natural ally in cryptography. In some respects, modern cryptographic practices continue to challenge institutional authority. However, there is a paradox here: although cryptography is designed to resist centralized control, its development and implementation are often determined by experts and funded by large technology companies and institutions. This creates a tension between the anarchist ideal of decentralization and the reality of cryptographic innovation driven by powerful entities. In order to truly respect the vision of cryptopunk and anarchism, ways must be found to develop and deploy cryptographic tools that empower individuals while resisting any form of consolidation of power. There is also an ironic paradox in our community regarding the centralization of knowledge. One of the policies and mottos of the beloved IACR (International Association for Cryptozoological Research) is the spread of knowledge throughout the world. The original and pure idea was great; however, somewhere along the way, the idea turned sour. Consider the purpose of your nonprofit organization. The word "non-profit" is emphasized here. Yet, at every IACR meeting, one of the first slides shown is "We have a strong financial position." Interestingly, for an association that wants transparency, it is difficult to find information about its "finances" other than attending meetings. Additionally, every year we see conference registration fees and fund amounts increase, while the original goal of sharing knowledge seems more distant, or just a utopia. To put it bluntly, we took advantage of the early days of anarchism, famous professors, and the fun days of constructed cryptography to simply build a masked company under the guise of an academic endeavor. This shift away from the fundamental tenets of cryptopunk and anarchist visions demonstrates the need to return to the roots of cryptography’s development – ​​ensuring that it remains a tool to empower individuals and protect privacy from all forms of centralization and control . In this article, we aim to present a comprehensive social view of cryptography and the entities that have made cryptographic advances possible over the years. We will explore the ethical responsibilities of cryptography, the origins of the social movements cryptography has influenced, and the current trajectory of cryptography. A focus will be on tracing the historical importance of cryptography and how it has shaped various aspects of our society. By examining these elements, we hope to gain a deeper understanding of cryptography's multifaceted role in the modern world. Historical background of cryptography and its impact Initially, cryptography was defined as a branch of mathematics and computer science focused on developing techniques for encrypting and decrypting communications. Today, however, the scope of cryptography has expanded significantly. While modern cryptography is still rooted in mathematics, it also involves computer science, electrical engineering, physics, and several other disciplines. Therefore, a more comprehensive definition of modern cryptography is: "Cryptography is a multidisciplinary field dedicated to the study of digital security, aiming to provide tools to ensure communication security.” The development of cryptography has been profoundly influenced by its use in wartime communications and its evolution into digital security applications. Some important historical milestones include: World War II and the Enigma Machine: The use of cryptography in military communications and its cracking by the Allies highlighted the dual nature of cryptographic work, both as a security tool and as a target for adversaries. The advent of public-key cryptography: The introduction of public-key cryptography in the 1970s revolutionized secure communications and laid the foundation for the practice of modern cryptography. Shor's algorithm and prime factorization: developing quantum algorithms capable of breaking modern public-key cryptography deployed around the world. Cryptography made significant progress during World War II, a period of intense cryptographic and cryptanalysis activity. ...

A love letter to decentralization believers: The intersection of cryptography, moral responsibility and the cryptopunk movement

This article explores the intersection of cryptography, moral responsibility and political activism through the Cryptopunk Manifesto, calling for the development of cryptographic solutions that focus on human rights and the public interest. This article originates from an article written by Eric Blair, organized and compiled by BlockBeats. (Previous summary: El Salvador transferred 5,689 Bitcoins to a cold wallet! Donations poured into the address: rare satoshi, cryptopunk manifesto...) (Background supplement: Buterin's 30th birthday speech: ETH returns to cryptopunk, it's time to let go A new generation has come to succeed me!) Inspired by the Cryptopunk Manifesto and Phillip Rogaway’s analysis of the ethical character of cryptography, this article explores the intersection of cryptographic work and ethical responsibility with political activism. The discussion covered the historical context for the development of cryptography, the philosophical underpinnings of cypherpunk ideology, and contemporary challenges posed by mass surveillance and privacy concerns. By examining these aspects, this article calls for a renewed commitment to developing cryptographic solutions that prioritize human rights and public goods. Introduction Cryptography has long been a tool for securing communications and protecting privacy. However, its role goes beyond technical implementation and covers important political and moral dimensions. The Cryptopunk Manifesto [7] written by Eric Hughes in 1993 emphasized the inherently political nature of cryptography and advocated its use as a means of ensuring privacy and individual liberty. Similarly, the work of Phillip Rogaway [10] highlights the ethical responsibilities of cryptographers, especially in the context of mass surveillance and social influence. Fundamentally, cryptography can be seen as an "armed" means for the public to protect themselves. The 1993 declaration and Rogaway's work underscored two key points: distrust of government and the protection of collective materials. This sentiment is echoed in the thinking of David Chaum, who proposed a transaction model that relies on strong encryption to protect privacy. Although more than 40 years have passed since these ideas were first proposed, the dream of protecting society from information abuse remains elusive. As Chaum warns: “Computerization is taking away the ability of individuals to monitor and control how information about themselves is used.(…) are laying the foundations for an archival society in which computers can be used to infer individual lifestyles, habits, whereabouts and relationships of ordinary consumers based on data gathered from their transactions” [5]. In reality, we have gone in a different direction. Today, we rely on these materials to simplify and improve our lives. In addition, we are willing to provide this information to make the device "smarter" and better suited to our needs. On the one hand, this gives us more time to focus on other tasks, such as developing advanced artificial intelligence technology. On the other hand, we have also forgotten the essence of why cryptography is necessary and what the original dream was. Moving from a privacy-focused perspective to one that embraces data sharing for convenience highlights a significant ethical dilemma. While technological advancements make life easier, they also increase the risk of creating a surveillance society. The cryptopunk ethos, which aims to empower individuals and protect their privacy, seems at odds with today's practice. To reconcile these differences, cryptographers and privacy advocates must rekindle cryptography’s original vision—not just as a tool for convenience, but as a tool for preserving privacy, autonomy, and protection against uncontrolled means of monitoring. Another shift in formalization involves the liaison between cryptography and anarchism. As set out in the original Crypto-Anarchist Manifesto, anarchist ideas and the use of cryptography are closely intertwined. In essence, cryptography is seen as a tool to advance anarchist principles. Anarchism, which opposes all forms of authority and calls for the abolition of institutions, finds a natural ally in cryptography. In some respects, modern cryptographic practices continue to challenge institutional authority. However, there is a paradox here: although cryptography is designed to resist centralized control, its development and implementation are often determined by experts and funded by large technology companies and institutions. This creates a tension between the anarchist ideal of decentralization and the reality of cryptographic innovation driven by powerful entities. In order to truly respect the vision of cryptopunk and anarchism, ways must be found to develop and deploy cryptographic tools that empower individuals while resisting any form of consolidation of power. There is also an ironic paradox in our community regarding the centralization of knowledge. One of the policies and mottos of the beloved IACR (International Association for Cryptozoological Research) is the spread of knowledge throughout the world. The original and pure idea was great; however, somewhere along the way, the idea turned sour. Consider the purpose of your nonprofit organization. The word "non-profit" is emphasized here. Yet, at every IACR meeting, one of the first slides shown is "We have a strong financial position." Interestingly, for an association that wants transparency, it is difficult to find information about its "finances" other than attending meetings. Additionally, every year we see conference registration fees and fund amounts increase, while the original goal of sharing knowledge seems more distant, or just a utopia. To put it bluntly, we took advantage of the early days of anarchism, famous professors, and the fun days of constructed cryptography to simply build a masked company under the guise of an academic endeavor. This shift away from the fundamental tenets of cryptopunk and anarchist visions demonstrates the need to return to the roots of cryptography’s development – ​​ensuring that it remains a tool to empower individuals and protect privacy from all forms of centralization and control . In this article, we aim to present a comprehensive social view of cryptography and the entities that have made cryptographic advances possible over the years. We will explore the ethical responsibilities of cryptography, the origins of the social movements cryptography has influenced, and the current trajectory of cryptography. A focus will be on tracing the historical importance of cryptography and how it has shaped various aspects of our society. By examining these elements, we hope to gain a deeper understanding of cryptography's multifaceted role in the modern world. Historical background of cryptography and its impact Initially, cryptography was defined as a branch of mathematics and computer science focused on developing techniques for encrypting and decrypting communications. Today, however, the scope of cryptography has expanded significantly. While modern cryptography is still rooted in mathematics, it also involves computer science, electrical engineering, physics, and several other disciplines. Therefore, a more comprehensive definition of modern cryptography is: "Cryptography is a multidisciplinary field dedicated to the study of digital security, aiming to provide tools to ensure communication security.” The development of cryptography has been profoundly influenced by its use in wartime communications and its evolution into digital security applications. Some important historical milestones include: World War II and the Enigma Machine: The use of cryptography in military communications and its cracking by the Allies highlighted the dual nature of cryptographic work, both as a security tool and as a target for adversaries. The advent of public-key cryptography: The introduction of public-key cryptography in the 1970s revolutionized secure communications and laid the foundation for the practice of modern cryptography. Shor's algorithm and prime factorization: developing quantum algorithms capable of breaking modern public-key cryptography deployed around the world. Cryptography made significant progress during World War II, a period of intense cryptographic and cryptanalysis activity. ...
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Encrypted infrastructure is the general trend, but please be careful of overvalued air projectsDo you want to spend your life making and trading Memecoin, or do you want to build infrastructure and change the crypto world? This article originates from an article written by Rickey, organized and compiled by Shenchao TechFlow. (Preliminary summary: Ethereum VC is too obsessed with infrastructure, is it dragging down the entire encryption industry?) (Background supplement: Bitcoin ecological potential infrastructure inventory: Is BTC DeFi Summer coming?) Recently, I have heard too many people complain about Ethereum They accuse VCs of investing in a large amount of meaningless infrastructure, believe that excess infrastructure has caused difficulties in the industry, and try to create conflicts between application developers and infrastructure organizations. They seem to portray the Ethereum ecosystem as a "Niflheim" unsuitable for application development. (Niflheim is a cold, dark, misty world in Norse mythology. It is often described as an inhospitable place to live. ). This statement is very unkind and unconvincing. Clearing up misconceptions: What is real infrastructure? Does it have a grand narrative? Is it backed by top venture capital? Is there a lot of foam produced? Is it full of nihilism? Lost your investment? EBOLA (EVM Logic Absence Disorder)? The real infrastructure includes: protocols, EIPs (Ethereum Improvement Proposals), frameworks, tool stacks, and non-application layer blockchain services. Used to solve specific problems and improve application efficiency, user experience, decentralization, security and privacy. The code is open source, open to community contributions and review. Provide free solutions for application developers, or even complete public products. Built by a group of truly idealistic and optimistic people. The Development of Blockchain Infrastructure I tend to describe the development of blockchain infrastructure in the form of git branches. A blockchain is similar to a new git branch. In the first stage of this branch, infrastructure such as cryptography, P2P networks, and consensus algorithms were added. This infrastructure can be used to build Bitcoin, Ethereum, and other L1 networks. In the second stage, various Ethereum-based tools, facilities and services have emerged, and developers can use them to build various wallets, DeFi applications and Layer 2 networks.Interestingly, after this commit, an on-chain branch was created. The ultimate goal of this branch is to completely store user data on the chain and implement application logic through smart contracts. Developers can implement on-chain applications that are truly verifiable, composable, and interoperable. Currently, we are in the construction phase of the on-chain infrastructure for this fork, and I think we are on the right path. What does infrastructure bring us? Less Monopoly Developers have more choices in a given area. Suppose you are the founder of a start-up company and want to provide transaction data query services for your network. Are you willing to pay a high fee for a company's block scanning service, or choose to deploy a free Blockscout? Increased efficiency Developers will migrate to more efficient tools and infrastructure. This is the change of my application technology stack in the past year: Chain: Tendermint → OP Stack Development tools: Truffle/Hardhat → Foundry Contract interaction: Web3.js/ Ether.js → Viem Storage: IPFS → BNB Greenfield block explorer : Etherscan → Blockscout Wallet: Extension Kit Wallet → Coinbase Smart Wallet/AA Rich application diversity provides developers with enough infrastructure to build interesting applications. A few years ago, we were mainly building DeFi and NFT-related applications in the Ethereum ecosystem. Now, you can leverage various infrastructures to build more interesting products and applications: Cloud platform: Fleek Authentication: Privy Games: MUD, Dojo, Paima Wallet toolkit: Onchain Kit, rainbowkit Open source rewards: tea Full-stack ZK proof service : polyhedra Trustless AI for Ethereum : ora IP : StoryProtocol Reduce application startup costs In fact, you only pay for the gas cost of deploying the contract. Because the infrastructure is complete enough, even small development teams can quickly integrate infrastructure services to achieve expected functions. Almost all infrastructure service providers offer free plans for developers, which are enough to support and validate your early ideas. Accelerating mass adoption depends on the changes that infrastructure brings to non-financial applications and user experience.I think this is also the reason why many developers are switching from developing consumer crypto applications to developing infrastructure. It’s not that developers focus too much on technology, but they must first resolve the friction between efficiency and user experience before building an app to prove its feasibility. We may need to go through several stages before we achieve a true mass adoption of infrastructure explosion: multiple different solutions emerging in the same space, similar to OP, ZK, ZKEVM and Plasma for Layer2. Infrastructure obsolescence period: The market will eliminate infrastructure that has no practical significance and relies only on tokens. Infrastructure stabilization period: Some truly valuable infrastructure will survive, and developers will begin to build various categories of consumer applications based on these infrastructures. Mass Adoption: The blockchain infrastructure at this stage provides consumers with the same user experience as Web2 services. Users do not need to understand how blockchain works to use various applications, which can bring users better benefit distribution, ownership of digital resources, privacy and anti-censorship capabilities. Reduce the impact of centralization Imagine if all our applications use the same infrastructure service, until one day, the government of a certain country shuts it down or even arrests its core code contributors or CEOs, making it impossible to provide services for the application Provide services. But our infrastructure services are sufficient and alternative solutions are available, so applications will not stop executing due to a piece of infrastructure being down. Continue to build infrastructure "Do you want to sell sugar water for the rest of your life, or do you want to change the world with me?" This is what Steve Jobs said to PepsiCo executive John Sculley to attract him to join Apple. Now I want to ask you a question: "Do you want to spend your life making and trading Memecoin, or do you want to build infrastructure and change the crypto world?" Infrastructure is the power of the industry, it brings new narratives and visions, even if it is just one A new standard, a proposal or an SDK. Countless builders need stories to strengthen their beliefs and maintain their enthusiasm. Why do we trust encryption? Why trust the chain?Be the one who builds the cathedral. If you don't see yourself building cathedrals, get another job. Related stories How to build a successful crypto VC? What should you pay attention to when investing in projects? Is DeFi dead? Roundtable discussion with VC big shots: Where is the future of decentralized finance? It’s not just you who loses money! All 11 top cryptocurrency VCs have suffered losses this year, and they cannot escape these six major blows. "Crypto infrastructure is a general trend, but please be careful of high-valued air projects." This article was first published on BlockTe...

Encrypted infrastructure is the general trend, but please be careful of overvalued air projects

Do you want to spend your life making and trading Memecoin, or do you want to build infrastructure and change the crypto world? This article originates from an article written by Rickey, organized and compiled by Shenchao TechFlow. (Preliminary summary: Ethereum VC is too obsessed with infrastructure, is it dragging down the entire encryption industry?) (Background supplement: Bitcoin ecological potential infrastructure inventory: Is BTC DeFi Summer coming?) Recently, I have heard too many people complain about Ethereum They accuse VCs of investing in a large amount of meaningless infrastructure, believe that excess infrastructure has caused difficulties in the industry, and try to create conflicts between application developers and infrastructure organizations. They seem to portray the Ethereum ecosystem as a "Niflheim" unsuitable for application development. (Niflheim is a cold, dark, misty world in Norse mythology. It is often described as an inhospitable place to live. ). This statement is very unkind and unconvincing. Clearing up misconceptions: What is real infrastructure? Does it have a grand narrative? Is it backed by top venture capital? Is there a lot of foam produced? Is it full of nihilism? Lost your investment? EBOLA (EVM Logic Absence Disorder)? The real infrastructure includes: protocols, EIPs (Ethereum Improvement Proposals), frameworks, tool stacks, and non-application layer blockchain services. Used to solve specific problems and improve application efficiency, user experience, decentralization, security and privacy. The code is open source, open to community contributions and review. Provide free solutions for application developers, or even complete public products. Built by a group of truly idealistic and optimistic people. The Development of Blockchain Infrastructure I tend to describe the development of blockchain infrastructure in the form of git branches. A blockchain is similar to a new git branch. In the first stage of this branch, infrastructure such as cryptography, P2P networks, and consensus algorithms were added. This infrastructure can be used to build Bitcoin, Ethereum, and other L1 networks. In the second stage, various Ethereum-based tools, facilities and services have emerged, and developers can use them to build various wallets, DeFi applications and Layer 2 networks.Interestingly, after this commit, an on-chain branch was created. The ultimate goal of this branch is to completely store user data on the chain and implement application logic through smart contracts. Developers can implement on-chain applications that are truly verifiable, composable, and interoperable. Currently, we are in the construction phase of the on-chain infrastructure for this fork, and I think we are on the right path. What does infrastructure bring us? Less Monopoly Developers have more choices in a given area. Suppose you are the founder of a start-up company and want to provide transaction data query services for your network. Are you willing to pay a high fee for a company's block scanning service, or choose to deploy a free Blockscout? Increased efficiency Developers will migrate to more efficient tools and infrastructure. This is the change of my application technology stack in the past year: Chain: Tendermint → OP Stack Development tools: Truffle/Hardhat → Foundry Contract interaction: Web3.js/ Ether.js → Viem Storage: IPFS → BNB Greenfield block explorer : Etherscan → Blockscout Wallet: Extension Kit Wallet → Coinbase Smart Wallet/AA Rich application diversity provides developers with enough infrastructure to build interesting applications. A few years ago, we were mainly building DeFi and NFT-related applications in the Ethereum ecosystem. Now, you can leverage various infrastructures to build more interesting products and applications: Cloud platform: Fleek Authentication: Privy Games: MUD, Dojo, Paima Wallet toolkit: Onchain Kit, rainbowkit Open source rewards: tea Full-stack ZK proof service : polyhedra Trustless AI for Ethereum : ora IP : StoryProtocol Reduce application startup costs In fact, you only pay for the gas cost of deploying the contract. Because the infrastructure is complete enough, even small development teams can quickly integrate infrastructure services to achieve expected functions. Almost all infrastructure service providers offer free plans for developers, which are enough to support and validate your early ideas. Accelerating mass adoption depends on the changes that infrastructure brings to non-financial applications and user experience.I think this is also the reason why many developers are switching from developing consumer crypto applications to developing infrastructure. It’s not that developers focus too much on technology, but they must first resolve the friction between efficiency and user experience before building an app to prove its feasibility. We may need to go through several stages before we achieve a true mass adoption of infrastructure explosion: multiple different solutions emerging in the same space, similar to OP, ZK, ZKEVM and Plasma for Layer2. Infrastructure obsolescence period: The market will eliminate infrastructure that has no practical significance and relies only on tokens. Infrastructure stabilization period: Some truly valuable infrastructure will survive, and developers will begin to build various categories of consumer applications based on these infrastructures. Mass Adoption: The blockchain infrastructure at this stage provides consumers with the same user experience as Web2 services. Users do not need to understand how blockchain works to use various applications, which can bring users better benefit distribution, ownership of digital resources, privacy and anti-censorship capabilities. Reduce the impact of centralization Imagine if all our applications use the same infrastructure service, until one day, the government of a certain country shuts it down or even arrests its core code contributors or CEOs, making it impossible to provide services for the application Provide services. But our infrastructure services are sufficient and alternative solutions are available, so applications will not stop executing due to a piece of infrastructure being down. Continue to build infrastructure "Do you want to sell sugar water for the rest of your life, or do you want to change the world with me?" This is what Steve Jobs said to PepsiCo executive John Sculley to attract him to join Apple. Now I want to ask you a question: "Do you want to spend your life making and trading Memecoin, or do you want to build infrastructure and change the crypto world?" Infrastructure is the power of the industry, it brings new narratives and visions, even if it is just one A new standard, a proposal or an SDK. Countless builders need stories to strengthen their beliefs and maintain their enthusiasm. Why do we trust encryption? Why trust the chain?Be the one who builds the cathedral. If you don't see yourself building cathedrals, get another job. Related stories How to build a successful crypto VC? What should you pay attention to when investing in projects? Is DeFi dead? Roundtable discussion with VC big shots: Where is the future of decentralized finance? It’s not just you who loses money! All 11 top cryptocurrency VCs have suffered losses this year, and they cannot escape these six major blows. "Crypto infrastructure is a general trend, but please be careful of high-valued air projects." This article was first published on BlockTe...
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Will Bitcoin plummet if the Fed drops 2 digits? You should pay more attention to the two key points after the Fed’s decisionThe Federal Reserve is expected to start an interest rate cut cycle this week, and the market is concerned about whether the Fed will cut interest rates by one or two cents. Experts worry that if it cuts interest rates by two cents, it will make the market suspect that the U.S. economy has fallen into recession, and the pace of interest rate cuts will lag behind. Bitcoin prices may will fall under pressure. (Preliminary summary: Can’t hold on! Bitcoin dropped another 58,000, Ethereum lost 2,300 US dollars, and the world is closely watching the Fed’s interest rate cut this week) (Background supplement: Commentary) The U.S. interest rate cut is coming soon, and it is really the antidote to the crypto market ?) The Federal Reserve will hold a monetary policy meeting on the 17th and 18th Eastern Time, and announce the latest interest rate policy at around 2 a.m. on the 19th, Taiwan time. At present, it seems that the start of interest rate cuts is a certainty. The key point is that it will Drop 1 or 2 yards at a time? FedWatch data shows that the current market expectation is that the probability of a 1-digit rate cut is 43%, and the probability of a 2-digit rate cut has risen to 57%. Usually an interest rate cut is a major benefit to risky assets such as Bitcoin and will bring huge liquidity to the market; however, many experts are worried that if the interest rate is cut by 2%, the market will suspect that the U.S. economy is in recession, and the pace of interest rate cuts will lag behind, causing the currency to Markets and stock markets plummeted, and volatility intensified. Source: FedWatch At the same time, the U.S. presidential election in November has also drawn attention to the decision-making of the Federal Reserve. Republican presidential candidate and former U.S. President Trump recently warned that the Federal Reserve should not cut interest rates before the election. The Democratic Party Senator Elizabeth Warren asked the Federal Reserve to cut interest rates by 3 percentage points. If interest rates are cut by more than 2 percentage points at a time, Trump may criticize the Fed for helping the Democratic Party in the election. In addition to the rate decision, investors and analysts will be paying close attention to two key points: The "dot plot" in the Fed's quarterly forecast update, which will show where Fed members expect interest rates to go in the next few years. , if it is too radical, it may deepen market recession expectations; Federal Reserve Chairman Ball’s press conference at 2:30 will analyze his remarks on future policies. JPMorgan Chase CEO warns of recession risk JPMorgan Chase CEO Jamie Dimon recently warned that although people's confidence in inflation relief is increasing, he does not rule out the possibility of stagnant inflation, that is, an economic recession and rising inflation. Mentioning factors such as increased government spending and rising deficits, he pointed out that although inflation data is improving, indicators such as employment and manufacturing show that the economy is in a state of tension: Basically, in the short term, inflation will continue in the next few years. Jamie Dimon emphasized that despite some positive economic signals, there are still major uncertainties, and inflationary pressure may drag down the U.S. economy. He has been warning about the economic slowdown. He predicted last month that a soft landing of the U.S. economy may be possible. The ratio is only 35% to 40%, suggesting that the United States may enter an economic recession and mentioning uncertainties such as geopolitics, housing, and consumption. JPMorgan Chase is the only major U.S. bank to insist that the Federal Reserve will cut interest rates by two percentage points. Last month, Ball hinted that if the unemployment rate rises, he would be open to a 2-point cut. If the Fed lags behind in cutting interest rates, the consequences will be disastrous. Former Fed Vice Chairman Alan Blinder once pointed out that in the history of the United States, the Fed has The Legislature has only once succeeded in achieving an apparent soft landing, in the mid-1990s, when high interest rates managed to curb inflation without tipping the economy into recession. Bitcoin may experience major fluctuations. 10x Research also recently pointed out that if the Federal Reserve decides to cut interest rates by 2% this week, it may indicate that the Federal Reserve is increasingly worried about the economy, or may be lagging behind in cutting interest rates in response to the upcoming economic slowdown. This has led to investors scaling back their exposure to risky assets such as Bitcoin and stocks. Coinglass data shows that if Bitcoin rebounds and exceeds US$62,000, the cumulative short order liquidation intensity of mainstream centralized exchanges such as Binance, OKX, and Bybit will reach US$1.6 billion. If Bitcoin falls below US$57,000, the cumulative short order liquidation intensity of mainstream centralized exchanges will reach US$1.6 billion. The accumulated long order liquidation intensity will reach 490 million US dollars, so the trend may fluctuate greatly in the future. However, it should be noted that the liquidation chart does not show the precise number of contracts to be liquidated, or the precise value of the contracts to be liquidated. The cylinders on the liquidation chart show the strength of each liquidation cluster relative to adjacent liquidation clusters. Therefore, the liquidation chart shows the extent to which the underlying price will be affected when it reaches a certain price. A higher liquidation cylinder means that after the price reaches that point, it will react more strongly due to the liquidity wave. Related reports: Pay attention to US CPI tonight. Economist: There is a high chance that the Federal Reserve will cut interest rates by 1% next week, and there will be two more by the end of the year. The focus tonight is not only on non-farm employment! The unemployment rate is also the key to whether the Fed will cut interest rates by 2 yards. Fed officials said that "the rate cut will be more than 1 yard." A look at market plummeting data and U.S. bond reaction. "Will Bitcoin plummet if the Fed cuts interest rates by 2 yards?"You should pay more attention to the two key points after the Fed’s decision. This article was first published in BlockTempo, the most influential blockchain news media.

Will Bitcoin plummet if the Fed drops 2 digits? You should pay more attention to the two key points after the Fed’s decision

The Federal Reserve is expected to start an interest rate cut cycle this week, and the market is concerned about whether the Fed will cut interest rates by one or two cents. Experts worry that if it cuts interest rates by two cents, it will make the market suspect that the U.S. economy has fallen into recession, and the pace of interest rate cuts will lag behind. Bitcoin prices may will fall under pressure. (Preliminary summary: Can’t hold on! Bitcoin dropped another 58,000, Ethereum lost 2,300 US dollars, and the world is closely watching the Fed’s interest rate cut this week) (Background supplement: Commentary) The U.S. interest rate cut is coming soon, and it is really the antidote to the crypto market ?) The Federal Reserve will hold a monetary policy meeting on the 17th and 18th Eastern Time, and announce the latest interest rate policy at around 2 a.m. on the 19th, Taiwan time. At present, it seems that the start of interest rate cuts is a certainty. The key point is that it will Drop 1 or 2 yards at a time? FedWatch data shows that the current market expectation is that the probability of a 1-digit rate cut is 43%, and the probability of a 2-digit rate cut has risen to 57%. Usually an interest rate cut is a major benefit to risky assets such as Bitcoin and will bring huge liquidity to the market; however, many experts are worried that if the interest rate is cut by 2%, the market will suspect that the U.S. economy is in recession, and the pace of interest rate cuts will lag behind, causing the currency to Markets and stock markets plummeted, and volatility intensified. Source: FedWatch At the same time, the U.S. presidential election in November has also drawn attention to the decision-making of the Federal Reserve. Republican presidential candidate and former U.S. President Trump recently warned that the Federal Reserve should not cut interest rates before the election. The Democratic Party Senator Elizabeth Warren asked the Federal Reserve to cut interest rates by 3 percentage points. If interest rates are cut by more than 2 percentage points at a time, Trump may criticize the Fed for helping the Democratic Party in the election. In addition to the rate decision, investors and analysts will be paying close attention to two key points: The "dot plot" in the Fed's quarterly forecast update, which will show where Fed members expect interest rates to go in the next few years. , if it is too radical, it may deepen market recession expectations; Federal Reserve Chairman Ball’s press conference at 2:30 will analyze his remarks on future policies. JPMorgan Chase CEO warns of recession risk JPMorgan Chase CEO Jamie Dimon recently warned that although people's confidence in inflation relief is increasing, he does not rule out the possibility of stagnant inflation, that is, an economic recession and rising inflation. Mentioning factors such as increased government spending and rising deficits, he pointed out that although inflation data is improving, indicators such as employment and manufacturing show that the economy is in a state of tension: Basically, in the short term, inflation will continue in the next few years. Jamie Dimon emphasized that despite some positive economic signals, there are still major uncertainties, and inflationary pressure may drag down the U.S. economy. He has been warning about the economic slowdown. He predicted last month that a soft landing of the U.S. economy may be possible. The ratio is only 35% to 40%, suggesting that the United States may enter an economic recession and mentioning uncertainties such as geopolitics, housing, and consumption. JPMorgan Chase is the only major U.S. bank to insist that the Federal Reserve will cut interest rates by two percentage points. Last month, Ball hinted that if the unemployment rate rises, he would be open to a 2-point cut. If the Fed lags behind in cutting interest rates, the consequences will be disastrous. Former Fed Vice Chairman Alan Blinder once pointed out that in the history of the United States, the Fed has The Legislature has only once succeeded in achieving an apparent soft landing, in the mid-1990s, when high interest rates managed to curb inflation without tipping the economy into recession. Bitcoin may experience major fluctuations. 10x Research also recently pointed out that if the Federal Reserve decides to cut interest rates by 2% this week, it may indicate that the Federal Reserve is increasingly worried about the economy, or may be lagging behind in cutting interest rates in response to the upcoming economic slowdown. This has led to investors scaling back their exposure to risky assets such as Bitcoin and stocks. Coinglass data shows that if Bitcoin rebounds and exceeds US$62,000, the cumulative short order liquidation intensity of mainstream centralized exchanges such as Binance, OKX, and Bybit will reach US$1.6 billion. If Bitcoin falls below US$57,000, the cumulative short order liquidation intensity of mainstream centralized exchanges will reach US$1.6 billion. The accumulated long order liquidation intensity will reach 490 million US dollars, so the trend may fluctuate greatly in the future. However, it should be noted that the liquidation chart does not show the precise number of contracts to be liquidated, or the precise value of the contracts to be liquidated. The cylinders on the liquidation chart show the strength of each liquidation cluster relative to adjacent liquidation clusters. Therefore, the liquidation chart shows the extent to which the underlying price will be affected when it reaches a certain price. A higher liquidation cylinder means that after the price reaches that point, it will react more strongly due to the liquidity wave. Related reports: Pay attention to US CPI tonight. Economist: There is a high chance that the Federal Reserve will cut interest rates by 1% next week, and there will be two more by the end of the year. The focus tonight is not only on non-farm employment! The unemployment rate is also the key to whether the Fed will cut interest rates by 2 yards. Fed officials said that "the rate cut will be more than 1 yard." A look at market plummeting data and U.S. bond reaction. "Will Bitcoin plummet if the Fed cuts interest rates by 2 yards?"You should pay more attention to the two key points after the Fed’s decision. This article was first published in BlockTempo, the most influential blockchain news media.
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