CZ's Life - From Countryside Boy to Becoming a God in the Global Crypto Industry
How did he go from the countryside to immigration? From programmer to entrepreneur From the world's richest list to prison Writing his life experiences into a book (Binance Life) is not just a record of life, but also turns the detours he has taken and the insights he has gained into wealth that future generations can draw upon. This is a must-read book for everyone in the crypto industry (Freedom of Money) https://amazon.com/-/zh/dp/B0GVZK8QPG/ref=tmm_hrd_swatch_0 Many entrepreneurial stories like to talk about talent and opportunity But CZ's story is more like another narrative: In the crypto industry, no one has experienced such an extreme life curve as Zhao Changpeng @cz_binance:
U.S. Military Attacks Iran’s Southern Islands; Iran Vows Retaliation
Iranian Media Say Iran Fired Missiles at a U.S. Warship
According to Iranian media: Iran’s Islamic Revolutionary Guard Corps said that in response to the U.S. attack on the Larak Island, it launched ballistic missiles at two U.S. bases located in Jordan.
The Ninth Circuit Court of Appeals was very direct: obtaining a CFTC license does not mean you have a pass that lets you bypass B/C regulations in every state across the United States.
Kalshi argued that it is not a traditional B/C company, but a contract trading platform regulated by the CFTC. What users trade is not “wagers,” but “sports event contracts.”
The court concluded that if a product trades outcomes like game results, point spreads, totals, player statistics, or even parlays, whether it is called an “event contract” or a “prediction market,” it is fundamentally very similar to sports B/C.
You can’t change “betting” into buying Yes and buying No, and then suddenly claim it is a financial derivative.
Therefore, the court held that Kalshi’s sports contracts do not qualify as “swap agreements” that would trigger the CFTC’s exclusive jurisdiction, and Nevada can still regulate them under its local B/C laws. The court also noted that the CFTC’s existing rules themselves also prohibit designated contract markets from listing contracts related to “B/C.”
Previously, the Third Circuit Court of Appeals had sided with Kalshi in a New Jersey case, ruling that sports event contracts could be considered “swaps” under the definition in the Commodity Exchange Act, to be uniformly regulated by the CFTC, and that state governments could no longer interfere using B/C regulations.
Now there is an apparent split between different U.S. circuit courts.
Legally, sports predictions and political or election predictions may not necessarily belong in the same category.
Predict also serves as a strong warning signal.
Sports and games are indeed among the most promising high-frequency use cases for prediction markets, but they are also the area with the highest regulatory risk.
If Predict plans to focus on developing sports markets in the future, beyond liquidity, gameplay, and settlement efficiency, it also needs to consider licensing, KYC, geographic restrictions, and compliance boundaries in advance.
Liangxi is Sun Ge’s disciple; he won’t repay the money he owes Qianmeng Xiaoqi, and he even ate a 190-yuan KFC meal meant for someone else’s little girl.
After Nvidia's earnings report, where will the money flow?
Nvidia's earnings beat expectations.
$NVDA FY2027 Q2:
Revenue was $96.22 billion, up 106% year over year.
Data center revenue was $89 billion, up 117% year over year.
Adjusted EPS was $2.22, up 120% year over year.
Adjusted gross margin was 75%
Q3 revenue guidance: $108 billion
This $108 billion guidance does not include data center computing revenue data for the China market.
From a fundamentals perspective, global AI capital expenditures have not cooled off, and compute demand remains very strong.
Another earnings report worth watching tonight is $CRWD.
Revenue was $1.47 billion, up 26% year over year.
ARR reached $5.84 billion, up 25% year over year.
Today, when looking at Predict’s esports section, the one I personally play the most is League of Legends.
From a betting perspective, here’s how to filter
1. Prioritize: LCK 2. Secondary: LEC, LCP, LCS 3. Proceed with caution: CBLOL, LCK Challengers League 4. Try to avoid as much as possible: Circuito Desafiante, EBL, the Arab League, Hitpoint Masters
In the next few events, lineup changes are more likely, young players’ form can fluctuate, and betting market liquidity may be insufficient.
🎮 Two LCK qualifying matches to choose from
Both matches are BO5 (best of five, first to three wins).
1️⃣ KT Rolster vs HANJIN BRION
📊 Outcome: KT win
🧭 Handicap: BRO (+2.5) ⭐
🎯 Score: 3:1 | 3:2 | 2:3
📈 Total games: Over 3.5 games / Under 4.5 games
✅ First choice: BRO (+2.5) 71¢
2️⃣ Nongshim RedForce vs BNK FEARX
📊 Outcome: Nongshim RedForce win ⭐
🧭 Handicap: For now, don’t chase NS (-1.5)
🎯 Score: 3:1 | 3:2 | 2:3
📈 Total games: Over 3.5 games
✅ First choice: Nongshim 58¢
Come try your hand at the esports section recently.
On the morning of August 20, 2026, the Intermediate People's Court of Shenzhen, Guangdong Province announced in a public trial the first-instance verdict against the defendant entity Evergrande Group and the defendant entity Evergrande Properties.
For the case of Xu Jiayin, life imprisonment was handed down, along with a fine of 8.82 billion yuan.
《Niu Lai》I thought it was taken down. Then today I checked—
Predict has put《Niu Lai》back on its box-office prediction market: by September, how much will《Niu Lai》make?
The current odds roughly are:
▪️> 15 million: 100%
▪️> 20 million: 90%
▪️> 30 million: 70%
▪️> 40 million: 70%
▪️> 50 million: 50%
I’d even been thinking: “It’s about to get taken down—what’s there to play with in this bet?”
But today I see that’s not the case. On August 17, theaters are still temporarily adding screenings. As of the morning, the cumulative box office has already surpassed 10 million yuan, with cumulative attendance of about 363,000.
Maoyan at one point directly raised its final box-office prediction to: 89 million yuan—a typical “curiosity-bait” traffic play.
Can《Niu Lai》really rely on one round of nationwide “everyone’s watching” attention to push itself from a few tens of millions to 50 million, and even challenge Maoyan’s 89 million prediction?
Sometimes the best part of prediction markets is right here:
How far can human nature, traffic, and attention ultimately get out of control.#牛来
A Peng spreads wings on a single day, riding the wind—yet a young person's drive can never be obtained again. We must achieve success with worldly meaning before we turn 30
I just love this scene of Dapeng accepting an award, full of spirit and energy
How much is Wang Sicong’s “million-dollar computer” from back then worth today?
Many people think electronic products only depreciate after being bought. Let me calculate the current market price of Wang Sicong’s “million-dollar computer” from back then.