🧧🧧🎁🎁Christmas is coming soon! This post is just to thank all my fan friends for always supporting me so much. So I'm giving out a big red envelope🧧. How much you can get depends on your luck. You can also share this post with your friends! Once again, thank you to my brother fans! You are the motivation for me to keep going!
Regarding the issues of Binance, you can also consult me. I will do my best to assist you. This is my ID. You can all add me: 1036379418
#ETH🔥🔥🔥🔥🔥🔥 Late night smash order🧑🎤Will the Fed's "dovish" tone completely explode the crypto market? CME data just released, with over 75% probability that interest rates won't change in January next year!💪 But has the market already started celebrating in advance? Because Fed's Williams stated late at night: rate cuts mean preparing a position for 2026, and a cooling labor market is the signal📉 $BNB A subtle turn is coming—— Trump lashes out that rate cuts are "not aggressive enough", SEC chairman further warns that cryptocurrencies may become the "strongest regulatory tool"⚠️ Does it sound bearish? But from another angle: this precisely indicates that the influence of the crypto world has grown to a level that must be acknowledged! Global institutions continue to hoard coins, and a publicly listed company in Brazil silently increased its BTC holdings to 3722 coins🎯
Are Chinese crypto tycoons collectively going 'invisible'? Is the golden age really gone forever?
Back in 2018, the cryptocurrency space was practically the 'home field' for Chinese people. In the WeChat group, a shout could make the price soar; mining machines were everywhere, and just picking one out from Bitmain or Canaan Creative could cause a stir. At that time, names like Zhao Changpeng and Wu Jihan were synonymous with the industry.
So what now? The new cycle has arrived, the stage lights are focused on Europe and America, and the voices of us Chinese entrepreneurs seem to be getting smaller and smaller?
In the midst of this, where exactly did it break?
To be honest, this really can't be blamed on everyone's lack of effort. With the 'three mountains' pressing down, anyone would need to catch their breath.
🧧🧧According to Odaily Planet Daily, on-chain analyst Yu Jin monitored that the Ethereum treasury company BitMine (BMNR) increased its holdings by 102,259 ETH at an average price of approximately $3,182 last week. They now hold a total of 3,967,210 ETH with an average cost of $3,906. The Bitcoin treasury company Strategy (MSTR) increased its holdings by 10,645 BTC at a price of $92,098 last week. They now hold a total of 671,268 BTC with an average cost of $74,972.$BTC
The 'Stablecoin' Ponzi Scheme - The USDD Collapse Incident.
A certain team launched an 'algorithmic stablecoin' called USDD, claiming to be pegged to the US dollar with dual backing of 'mining pool profits + on-chain assets', promising users a static return of 0.5% daily after depositing mainstream cryptocurrencies to exchange for USDD, and also offering dynamic rebates of 10%-30% for bringing in new users.
The project did not establish a real algorithmic arbitrage mechanism, and the so-called 'on-chain reserve assets' were fabricated through fake contracts to create false holding data. Initially, it relied on funds from new users to pay returns to old users, creating the illusion of 'high returns with zero risk', attracting over 100,000 users in just three months and raising over 8 billion RMB equivalent.
When the new funds could no longer cover the redemption pressure, the project suddenly announced that 'the on-chain was attacked by hackers and the reserve assets were stolen', immediately closing the deposit and withdrawal channels, and the core team absconded with the funds. Subsequent investigations revealed that the project had already transferred over 60% of user funds through overseas anonymous accounts shortly after its launch, with the remaining funds used to pay promotional commissions and create fake trading flows.
In the end, participating users were left with almost nothing, and this case became a typical example of 'no real reserves + Ponzi model' in the field of algorithmic stablecoins.
💥💥💥CZ admitted to being a "nerd"! New book hides the code for the rise of the crypto empire
Former Binance CEO Zhao Changpeng's new book "Nerd" has been leaked before its release! In the book, he candidly admits that he was mocked as a "nerd" by classmates at the age of 12, but he built a solid foundation through his studies at McGill University; he also unexpectedly reveals a mysterious classmate, Xin Wang—both an alumnus and an independent director at Binance, known as a "low-key tough guy"☺️.
Netizens exploded: "So the top player in the crypto circle was once a glasses guy?" "The book title is full of irony, CZ personally playing with the meme!" The comments section instantly turned into a gossip scene: "The nerd turned into the richest, even this plot line is too bold for web novels to write!" "Suggest adding protective gear, after all, the cover is too hot to handle😝! Dear friends, what do you think of this book? Leave your thoughts in the comments section, thank you!