1. Friend.Tech, the former top socialfi brand, finally runs away. Is SocialFi a false proposition?
According to The Block, the developers of the Web3 social network Friend.Tech, which was established just one year ago, gave up control of the smart contract and the platform has been shut down. According to data monitoring by on-chain data analysts, the project owner earned $52.4 million through the project. Click to read
2. US SEC Encryption Enforcement Report: Which companies were fined the most from 2013 to 2024
In recent years, the U.S. Securities and Exchange Commission (SEC) has increased its regulatory oversight of the cryptocurrency industry to ensure transparency, protect investors, and enforce legal compliance.
3. Performance analysis of 47 airdropped tokens: Is the airdrop coming to an end or a halftime break?
Friend.tech’s points system was launched in August last year, and now points have become the industry standard for off-chain rewards (or tokens, XP, and other similar rewards) to reward early users of the protocol. It can be said that this round of airdrop craze started with this, and a series of projects have released tokens in the past year. Like many crypto crazes, the airdrop "gold rush" in people's eyes will eventually be like a bubble, beautiful but ephemeral. Click to read
4. Why I am optimistic about Farcaster
Farcaster is not only a decentralized social protocol, but also a top venture capital incubator. Its architecture allows identity data to be stored on the blockchain (OP chain) and content data to be stored in a distributed database (Hub). This design ensures data security and user autonomy, and provides developers with great creative space. Click to read
5.4 pictures to understand the price trend of BTC under the US interest rate cut
The BTC and Crypto asset markets are undoubtedly in a challenging environment right now, and the seasonal changes in September have made the situation worse. In a recent report, Kaiko researchers explored how potential US interest rate cuts and other key economic events could affect BTC. Click to read
