[DEX LogX completes $4 million strategic round of financing, Gate Labs, DWF Labs and others participate] Golden Finance reported that the on-chain perpetual DEX LogX announced the completion of a $4 million strategic round of financing, bringing its total financing to $10.1 million, with participation from Hashed Emergent, Cumberland VC, Saison Capital, Gate Labs, DWF Labs, Antler, Coinswitch Ventures, Wagmi Ventures, Kairos Capital and others. LogX will use the new financing to develop into a DeFi super application, providing leveraged prediction markets and exotic perps, while expanding to TON, Solana, Bitcoin, Move and EVM ecosystems. Previously, LogX had completed a $6.1 million seed round of financing, with participation from Coinbase Ventures, Sequoia Capital and others.

[Boya Interactive announced an investment of 100 Bitcoins in Web3 infrastructure company MTT Esports] On September 17, Boyaa Interactive (00434.HK) issued an announcement that the company entered into a subscription agreement with MTT ESports Limited ("MTT ESports") on September 17, 2024, and invested in MTT ESports with 100 units of Bitcoin (BTC) as consideration, which is equivalent to a total value of approximately US$5.8193 million based on the market price of Bitcoin on the day immediately before this announcement. After the investment is completed, the company will acquire a 25% equity interest in MTT ESports. MTT ESports will not become a subsidiary of the company due to the investment, and its financial results will not be consolidated into the group's financial statements. To the best of the knowledge, information and belief of the directors after making all reasonable inquiries, MTT ESports and its beneficial owners are independent third parties and have no connection with the company and its related parties.

[Golden Noon Report | Overview of important developments at noon on September 17] 7:00-12:00 Keywords: Trump, WLFI, Hong Kong, Flyfish Club 1. JPMorgan Chase: BTC demand is expected to increase in the next 10 years; 2. Trump: Cryptocurrency companies should have certain security measures; 3. Mining company Cathedra Bitcoin will stop mining and increase its holdings of Bitcoin; 4. Cryptocurrency project World Liberty Financial plans to issue the token WLFI; 5. Hong Kong will issue rules around October to promote the application of artificial intelligence in the financial field; 6. World Liberty Financial Operations Director: WLFI tokens have no pre-sale and will be regulated by the US SEC; 7. NFT project Flyfish Club agreed to pay US$750,000 to reach a settlement with the US SEC for unregistered issuance of securities.

[Golden Noon Report | Overview of important developments at noon on September 17] 7:00-12:00 Keywords: Trump, WLFI, Hong Kong, Flyfish Club 1. JPMorgan Chase: BTC demand is expected to increase in the next 10 years; 2. Trump: Cryptocurrency companies should have certain security measures; 3. Mining company Cathedra Bitcoin will stop mining and increase its holdings of Bitcoin; 4. Cryptocurrency project World Liberty Financial plans to issue the token WLFI; 5. Hong Kong will issue rules around October to promote the application of artificial intelligence in the financial field; 6. World Liberty Financial Operations Director: WLFI tokens have no pre-sale and will be regulated by the US SEC; 7. NFT project Flyfish Club agreed to pay US$750,000 to reach a settlement with the US SEC for unregistered issuance of securities.

[Three unmarked addresses transferred a total of approximately 1,657 BTC to the ARK Invest Bitcoin ETF, worth approximately US$96.26 million] Golden Finance reported that according to Arkham monitoring data, three unmarked addresses transferred a total of approximately 1,657.93 BTC to the ARK Invest Bitcoin ETF, worth approximately US$96.26 million, including: 1. Two unmarked addresses transferred a total of 858.93 BTC to the ARK Invest Bitcoin Exchange-Traded Fund ARKB 21Shares Bitcoin ETF address approximately 13 hours ago, with a value of approximately US$50.03 million. ARK Invest then transferred the funds to another address of its ETF; 2. An unmarked address transferred 799 BTC to the ARK Invest Bitcoin Exchange-Traded Fund ARKB 21Shares Bitcoin ETF address approximately 11 hours ago, with a value of approximately US$46.23 million. ARK Invest then transferred the funds to another address of its ETF.

Author: Kyle Samani, Managing Partner of Multicoin Capital; Translated by: 0xjs@Golden Finance

The first large-scale P2P application on the Internet was Napster (email/SMTP was designed to be P2P and self-hosted, but in practice ended up being federated). The spiritual successor to Napster was the BitTorrent protocol, which at its peak accounted for ~25-35% of all Internet traffic in the mid-2000s. Both were permissionless: anyone could host any file.

The commonality between Napster and BitTorrent is file sharing. This is pretty intuitive. Anyone can host a file, and everyone has uploads and downloads. So it naturally makes sense to distribute popular files from people nearby who already have the file. File sharing fits naturally into a P2P architecture.

Author: Kyle Samani, Managing Partner of Multicoin Capital; Translated by: 0xjs@Golden Finance

The first large-scale P2P application on the Internet was Napster (email/SMTP was designed to be P2P and self-hosted, but in practice ended up being federated). The spiritual successor to Napster was the BitTorrent protocol, which at its peak accounted for ~25-35% of all Internet traffic in the mid-2000s. Both were permissionless: anyone could host any file.

The commonality between Napster and BitTorrent is file sharing. This is pretty intuitive. Anyone can host a file, and everyone has uploads and downloads. So it naturally makes sense to distribute popular files from people nearby who already have the file. File sharing fits naturally into a P2P architecture.

Golden Finance reported that Zak Folkman, head of operations for the Trump family's crypto project World Liberty Financial, said that the project's token WLFI has no pre-sale, no venture capital and early purchases. Like any other DeFi project that can be expected to be seen, the token distribution launched now is very fair, with most of the supply (62.66%) to be distributed in the upcoming token sale, and part of the net proceeds of this sale will enter the project's multi-signature wallet vault reserve. According to the white paper excerpt, about 17.33% of the WLFI token supply will be used specifically to incentivize expanded participation in World Liberty Financial governance and other community development programs, and the remaining 20% ​​of the token supply will be allocated to the project team, consultants and future employees, of which the undisclosed portion of WLFI will be allocated to the WLF Foundation, affiliates of the Trump Group, and the Witkoff Group. The project team also revealed that the sale of WLFI will be regulated by the U.S. Securities and Exchange Commission (SEC), and all WLFI buyers will be screened under the same "know your customer" (KYC) standards as U.S. cryptocurrency exchanges such as Coinbase and Kraken. The SEC defines accredited investors as financially experienced individuals who have earned $200,000 in one of the past two years, or $300,000 in joint income with their spouse or spousal equivalent in the past two years, with or without a spouse, and a net worth of $1 million or more, or are brokers or financial professionals.