【L1 blockchain Self Chain announces token economics, total supply is 360 million】 Golden Finance reported that L1 blockchain Self Chain announced token economics, and the total supply of SLF tokens is 360 million. Allocation method: Migration allocation (25%): This allocation allows certain token holders to seamlessly migrate their tokens to SLF on the self-chain to ensure a smooth transition. Equity investor allocation (10%): This allocation recognizes the early supporters of Self Chain and recognizes their role in the development of the project. Validator node/growth sales (28%): Self Chain seeks to expand its validator network and invite well-known people to enhance network decentralization. Ecosystem (19%): Cultivate ecosystem programs through subsidies and incentives to promote meaningful contributions to the Self Chain project. Basic nodes (10%): The Self Chain Foundation will run a set of basic nodes to ensure the stability and functionality of the blockchain at birth. Team (8%): ​​A portion of SLF tokens are allocated to the Self Chain team and core developers to support long-term research, development and ecosystem plans.

Golden Finance reported that Vitalik said that when he personally experienced the Bitcoin block size dispute, he usually stood on the side of the big blockers, and his sympathy for the big blockers was mainly focused on the following key points: One of the key promises of Bitcoin was digital cash, and high fees could kill this use case; I don’t believe in the “meta-level” story of the small blockers. Small block supporters often argue that “Bitcoin should be controlled by users” and “users don’t support large blocks”, but are never willing to identify any specific way to define who is a “user” or measure what they want; The small blockers eventually believed in the idea of ​​“soft forks are good, hard forks are bad” (which I strongly oppose) and designed a way to increase the block size to accommodate this rule, although Bier admitted that the complexity increased so much that many big blockers could not understand the plan; The small blockers are indeed engaging in very inappropriate social media censorship to impose their views, which ultimately led to Theymos’s infamous remarks, “If 90% of /r/Bitcoin users find these policies intolerable, then I hope these 90% of /r/Bitcoin users will leave.”

Author: Sam Reynolds, CoinDesk; Translated by: Baishui, Golden Finance

Brad Garlinghouse predicts that XRP, Solana, and Cardano ETFs will eventually be approved despite significant regulatory hurdles.

Garlinghouse criticized the U.S. Securities and Exchange Commission (SEC) for its unclear cryptocurrency regulation, stressing the need for greater regulatory clarity in the U.S.

Ripple’s CEO predicts that more cryptocurrency exchange-traded funds (ETFs) are on the horizon, following the approval of a spot Bitcoin ETF and progress on an Ethereum spot ETF.

Source: CoinDesk; Translated by: Deng Tong, Golden Finance

U.S. presidential candidate Robert F. Kennedy Jr. spoke at a press conference for the Consensus 2024 conference in Austin, Texas on Thursday. Here are some of his comments:

Donald Trump's Guilty Verdict

"I want to talk about issues of broader concern. I want to talk about economic issues and health issues. That's what my campaign is about. I'm not going to get dragged into the mud. I don't have any ideas. I've been very disciplined not to talk about the lawsuits against [Joe] Biden or Trump."

[Golden Noon Report | Overview of important developments at noon on May 31] 7:00-12:00 Keywords: Base, Pacmoon, NYDFS, ETF 1. Base engineers proposed to upgrade the Fjord network to OP Stack; 2. Sei Foundation: Airdrop checks have been updated and accurate results will be seen; 3. Pacmoon announced the launch of v2 with the concept of Social Validator; 4. NYDFS has developed new guidelines for cryptocurrency companies to improve customer service standards; 5. Bloomberg ETF analyst: US spot Ethereum ETF may be launched at the end of June; 6. Ethereum L2 network Mint Blockchain completed a $5 million seed round of financing; 7. Stargate Treasury is suspected of entrusting GSR Markets to sell 5 million STGs; 8. A smart trader made a profit of about 972 SOLs in 5 hours by trading Trump-themed tokens; 9. The EOS new token economics proposal has been passed, which will shut down EOS inflation and destroy 80% of the total future supply.