I am very glad to meet CZ in Tokyo. This is his return to Japan after 7 years, and during this time, the entire industry has undergone tremendous changes.
At this event, I asked CZ a question: How do you view the on-chain of everything and the tokenization of stocks?
He replied: There have not yet been large-scale coin-stock products on the market. The possible reason is that each country and region has different policies, making it difficult for coin-stock investors to receive dividends and easily redeem stocks. There are also price differences during trading. However, projects on the chain are usually global in nature, which was a significant pain point back then.
Restrict areas or try to solve it?
But he reiterated that the trend of RWA cannot be stopped. $BNB
An 8-year veteran practitioner tells you: How to spend the industry's garbage time
The market has gradually become quiet recently. Many colleagues have expressed that they can’t see the direction clearly or are forced to be friends with time. This is actually not the first time.
Looking back, since I entered the circle in 2016, I seem to have experienced four major garbage cycles. Although I often comfort myself in my heart that all this will pass, the positive cycle will come back, and liquidity will come back, but when we are really in the garbage time, we will feel more or less depressed or helpless.
Winter in Zhongguancun.
The first garbage time was when I entered the circle. At that time, the industry had just shifted from the cold winter of 2015 to the recovery period of 2016. OKCoin and Huobi, located in Zhongguancun, also stopped layoffs. The market was gradually recovering, and exchanges finally had positive income.
Shocking! Binance France CEO was actually robbed at home?
According to RTL Television, around 7 AM yesterday, three masked men broke into the apartment of the Binance France manager, intending to kidnap him for cryptocurrency. But fortunately, he was not at home at the time, and they ultimately stole 2 mobile phones and left.
Afterwards, the police tracked them down and arrested them at the train station.
From the information available, this is a gang specifically targeting cryptocurrency individuals, as after failing to kidnap the Binance manager in the morning, they turned to another place and committed a robbery, mistakenly thinking it was also the home of someone in the crypto industry.
Last year, participated in the investment at Binance Japan, acquiring 40% of the shares. PayPay, which is a national-level Alipay software in Japan, announced plans to go public in the US.
According to disclosures, the company's target market value is expected to be $19.6 billion, with its parent company SoftBank Group planning to release 10% of the shares.
Currently, it occupies about 70% of the Japanese mobile payment market and is expected to soon disclose details of the prospectus.
The money of the gentry is returned in full, while the money of the common people is divided three to seven.
The blockchain tracking platform Bubblemaps revealed that Trove, a public offering project that previously suspected of running away, has refunded all the advance payments to the KOLs they collaborated with.
If the KOLs they collaborated with did not participate in Trove's public offering, they are not responsible for the losses, even if the losses reach 95%, the officials will not care.
The so-called official stablecoin U of Binance has launched an event today in collaboration with Venus and Lista DAO on the Binance wallet, resulting in an influx of $278 million in less than a day, which was incredibly fast.
Although the annualized rate currently remains at around 15-16%, this indicates that people are not hesitant to invest because of the bear market, but rather seeking steady income.
It is expected that there will be a second and third phase, supporting internal exchanges on Binance or Pancake.
Additional note: Currently, within Binance, the exchange of U to USDT and USDC has a 0 transaction fee.
1. In the crypto space, the only truly validated successful business tracks are exchanges and stablecoins, both of which have already scaled massively.
2. He sees three promising directions for the future: asset tokenization, payments, and artificial intelligence.
3. In reality, no one uses cryptocurrency for payments, but traditional payment methods can settle using cryptocurrency in the background, with merchants ultimately receiving fiat currency.
4. National-level promotion of asset tokenization can better release the financial value of assets.
5. Cryptocurrency will become the native currency for AI agents; in the future, when AI has the ability to execute and make payments autonomously, its transaction activities will be completed based on the cryptocurrency system.
Trump's own publicly traded company, Trump Media Group, announced a partnership with a cryptocurrency exchange to take a snapshot of the holdings data for shareholders holding Trump Media Group DJT stock on February 2.
Then corresponding digital tokens will be minted, displayed, and airdropped to everyone. The specific details of the distribution process will be announced soon.
Just discovered that Binance allows fiat withdrawals? However, you first need to convert stablecoins USDT and USDC into USD, and then initiate a bank transfer for a SWIFT withdrawal.
The remitting bank is named BPay, an entity of Binance located in Bahrain. It takes about 3 working days.
A major issue is that the stablecoins on the Binance platform are not 1:1 with the USD, and there is a limit of 6600 USD; exceeding this requires additional identification documents.
Due to the debate over the issue of pre-made dishes, the owner of Xibei Yomiancun and former Smartisan Technology owner Luo Yonghao have decided to go live on Weibo at 10 PM tonight. Both parties have just been silenced by Weibo's official account.
Weibo CEO Wang Gaofei confirmed through his account that both have been muted. He suggested that the debate should be conducted through media interviews, as the new negative list policy for internet celebrities prohibits online quarrels.
Following last summer, many people who traded U.S. and Hong Kong stocks overseas or kept money in Hong Kong reported being notified by the IRS to pay a 20% tax on their gains.
According to multiple sources, the current tax recovery period for overseas income of Chinese mainland tax residents has been extended to 2020, and even to 2017.
The Tesla Model 3 and Model Y under 200,000 RMB might finally be coming to China.
These past few days, the low-cost Model Y page briefly appeared on the Chinese Tesla website. This version is already available and circulating in North America.
According to insiders cited by Dongchedi, the adjusted low-cost entry-level models will begin sales shortly, with the Model 3 leading the way, followed closely by the Model Y.
Claiming that their company will surpass NVIDIA and Tesla in the pursuit of ecological dominance, the company's WeChat Moments post has drawn backlash even from internal employees.
An employee in a group chat with 1,066 members tagged their boss, saying he knows nothing, and simultaneously tagged the boss's supporters, calling them sycophants who blindly idolize the boss and indulge in unrealistic daydreams.