On the contrary, if we look at what our country is doing, it is just reaping the benefits. As for where the next economic support will be, China can only follow the noses of others.
The Decentralized Web Authors Alliance and the Filecoin Foundation: Supporting Public Interest Authors with Decentralized Tools
This is a guest post for FFDW project partner The Authors Alliance, written by Dave Hansen, Executive Director of The Authors Alliance.
The Authors Alliance was founded in 2014. We were formed with the support of creators like Jonathan Leatham, Katie Hafner, Cory Doctorow, and Kevin Kelly, who understood the power of technology for authors, driving new forms of research and creative expression, and ensuring long-term access to their intellectual legacy. Since then, we have been advising and informing creators about their rights in a rapidly changing digital world and defending those principles in court. This year, the Authors Alliance celebrates its 10th anniversary, advancing the interests of authors who want to serve the public by sharing their creations—playing a vital role in helping authors understand the relationship between creativity and technology.
Stfil has not issued any "announcement" for more than 50 days so far! Stfil's international case involves 2,500 address users around the world, and it has attracted great attention both at home and abroad.
Stfil’s international cases involve 2,500 address users around the world and have attracted great attention both at home and abroad.
It took more than 40 days from the establishment of the "3.28 Special Task Force" to the detention of HS on April 5 for "illegal business operation" and then his formal arrest on May 10 for "illegal use of information network". Up to now, there has been no "announcement" for more than 50 days.
in accordance with: The Ministry of Public Security recently formulated and issued the "Regulations on the Publicity of Law Enforcement by Public Security Organs"
"Chapter 1, Article 2 The term "public law enforcement" as used in these Regulations refers to the public security organs disclosing to the public or specific targets the basis, process, progress, results and other relevant information of criminal and administrative law enforcement in accordance with laws, regulations, rules and other normative documents, as well as conducting online public service activities."
Ethereum surged 19% last night, leading the market to rise collectively, and Filecoin rose 11%
Ethereum suddenly started to rise in the early hours of last night, and the increase exceeded that of Bitcoin. The market collectively rose, and the market suddenly took off. Today, we found the reason for the sudden rise from the news: First, Bloomberg analyst Eric Balchunas’ latest article stated that the probability of the approval of the spot Ethereum ETF has increased significantly from 25% to 75%! What’s the reason? Yesterday afternoon, there were rumors that the U.S. Securities and Exchange Commission (SEC) might make a 180-degree turn on this issue. This issue is becoming more and more politicized, so now everyone is desperately preparing for the application. The implementation of this news will be a major positive, and it will usher in a large amount of ETF funds to flow into the market to raise the market value. Although everyone has high expectations for this, Balchunas reiterated that he will set the upper limit of the probability at 75% until he sees more evidence, such as application updates. Although we remain optimistic about Bitcoin, the progress of the Ethereum ETF is undoubtedly an important event worthy of our attention. Let us look forward to more good news together! Second, there are reports that the US dollar will see a rate cut. Even though the official rate cut news has not yet been released, many small and medium-sized banks in the United States are already preparing for the rate cut. This rate cut will bring about the release of funds, and a large amount of US dollars will flow into various high-quality assets, especially the value currency market. $ETH $FIL
#BTC走势分析 #以太坊ETF批准预期 A falling dollar could be the driving force behind the next wave of cryptocurrency price increases
On the surface, the U.S. debt-to-GDP ratio doesn’t seem too bad. In 2023, it was lower than the G7 average (123%) and about half lower than Japan, the world’s most indebted country. Japan's debt-to-GDP ratio that year was as high as 255%. But in reality, the two countries have very different economic conditions, and the significant difference between the two is the structure of debt ownership. In Japan, nearly 90% of debt is held by domestic citizens and institutions, but about a quarter of U.S. debt is held by international debt buyers. So in order to ensure that this debt remains attractive to them, the United States needs to pay a higher rate of return (i.e., a higher interest rate) relative to its global competitors, especially as the debt-to-GDP ratio continues to increase, which means The risks of lending to the government also increase. Japan's net debt is well below its debt-to-GDP ratio, meaning it holds more foreign assets than it owes other countries, while the opposite is true in the United States, making it easier for Japan to manage its growing debt.
Japan has also not been plagued by inflation like the United States, which the Federal Reserve has controlled by raising and keeping interest rates high, making soaring debt levels particularly dangerous. As we all know, the solution to inflation is through tightening monetary policy. But higher interest rates mean higher debt repayments, consumer dissatisfaction, and ultimately an economic slowdown. In fact, the Fed already faces all of these problems. Consumer confidence is starting to falter, debt repayments topped $1 trillion last year, and growth in the first quarter of this year was much lower than anyone expected. So much so that there are now expectations of stagflation: inflation continues to rise while economic growth stagnates. In this case, higher debt also poses a problem because it limits the government's ability to use fiscal powers to mitigate the economic slowdown. With debt-to-GDP ratios high and expected to continue rising rapidly over the coming decades, governments will have to face reality sooner or later. That is to say, it is inevitable that the United States will continue to raise its debt ceiling and continue to print money on a large scale.
Driving Filecoin adoption: key initiatives and community engagement in 2024
The Filecoin Foundation is one of many teams within the Filecoin network dedicated to the evolution and success of the protocol. In this post, we highlight Filecoin’s growth metrics and outline some of the keys to further expansion in 2024 as proposed by ecosystem leaders, focusing on 1) expanding the client pipeline, 2) increasing on-chain activity, and 3) demonstrating value options relative to centralized storage. We then propose seven key initiatives to drive widespread adoption of Filecoin, followed by seven ways for the community to participate in the ecosystem. The Data Economy
Solana Surpasses Ethereum in Decentralized Exchange Trading: Is It Time to Launch Your Own Solana DEX?
Solana has emerged as a true game-changer in the ever-evolving landscape of cryptocurrency. Its meteoric rise has caught the attention of investors, developers, and enthusiasts. But what makes Solana unique? Well, for starters, it’s all about breaking boundaries and pushing the limits of what’s possible in the world of blockchain technology. Breaking Boundaries: The Rise of Solana Unlike traditional blockchain platforms that often face scalability and high transaction fees, Solana provides a revolutionary solution. With its unique architecture and cutting-edge technology, Solana can process thousands of transactions per second, making it one of the fastest and most efficient blockchains in the industry. This unparalleled speed has propelled Solana to new heights, attracting users and developers from around the world.
PR Distribution - FILLiquid Approaches 15,000 Wallets After Incentivized Testnet, CEO Announces New Features
FILLiquid Approaches 15,000 Wallets in Incentivized Testnet After CEO Announces New Features The FILLiquid testnet is rapidly approaching the milestone of 15,000 wallet participation as users line up to test its unique Filecoin-based lending product. FILLiquid is creating a decentralized liquidity pool that allows $FIL holders to earn interest and allows Filecoin storage providers to obtain $FIL loans. In a recent interaction with the community, FILLiquid CEO Arthur Tan unveiled a slew of new DeFi products that will soon be integrated into the testnet, sparking user anticipation.
#Foundation Senior Researcher Danny O'Brien Says the Group Has Hired a Lawyer and Is Trying to Determine If Police Hold Missing Funds The Filecoin Foundation, a nonprofit that promotes the development of Web3 storage protocol Filecoin, "has a lawyer in China" and is investigating reports of the detention of Filecoin Liquid Staking (ST fil) team members, according to an April 13 social media post by Foundation Senior Researcher Danny O'Brien. In early April, after several unplanned upgrades to a developer wallet, the withdrawal function from the STFIL protocol stopped transferring tokens worth $23 million to addresses whose owners were unknown. On April 8, the STFIL team announced that core technical members were detained by local police in China, and that the mysterious upgrades and transfers occurred during these detentions. This announcement left many STFIL users wondering how they could recover their funds. In the post, O'Brien stated that "FF has a lawyer in China who has been investigating the incident," adding that the Foundation "highly believes" that STFIL team members have been detained by the police. The Foundation has not yet been able to confirm whether the police have the funds, but they expect to know this information in "more than a week." The foundation plans to allow its lawyers to represent all staking providers and renters in any court action related to the incident. O'Brien promised that he would share more information once the details of the plan are finalized. He also asked staking providers who lost funds to provide contact information through a Google Doc or Slack channel set up for this purpose. Danny O'Brien, senior researcher at the Filecoin Foundation.Filecoin is a decentralized storage protocol that allows PC owners to rent out their hard drive space to users with data storage needs. It requires storage providers to provide FIL tokens as collateral to guarantee that they store data in accordance with the agreement. #FIL/USDT