唐华斑竹
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唐华斑竹
Square Verified+币乎大（推特X：@uniswap12），2025全球区块链百强创作者，独立研究员。在微博、推特、币乎、力场、币快报、向北社区、币车、财路、链书、八宝饭、链节点、巴比特、陀螺财经等币圈媒体拥有数十万粉丝。
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It seems that Ripple is a coin that has been seriously overlooked by people in China. Abroad, however, it seems to be doing really well.
The Ripple stablecoin RLUSD has seen its market cap break $2 billion, with the XRP Ledger issuance at nearly 1 billion.
Ripple’s旗下 stablecoin RLUSD has already surpassed $2 billion in market cap, becoming one of the fastest-growing projects in the stablecoin market.
Data shows that the total issued amount of RLUSD is currently about $2 billion, of which approximately $963 million has been deployed on the XRP Ledger, and about $1.1 billion was issued on the Ethereum network. Ripple previously said that RLUSD will combine with its global payments network to provide businesses and financial institutions with more efficient on-chain liquidity solutions. $XRP
The Ripple stablecoin RLUSD has seen its market cap break $2 billion, with the XRP Ledger issuance at nearly 1 billion.
Ripple’s旗下 stablecoin RLUSD has already surpassed $2 billion in market cap, becoming one of the fastest-growing projects in the stablecoin market.
Data shows that the total issued amount of RLUSD is currently about $2 billion, of which approximately $963 million has been deployed on the XRP Ledger, and about $1.1 billion was issued on the Ethereum network. Ripple previously said that RLUSD will combine with its global payments network to provide businesses and financial institutions with more efficient on-chain liquidity solutions. $XRP
More than 400,000 preschool teachers exit in tears: what’s even harsher than unemployment is society’s prejudice.
In Jinan, there’s an old kindergarten that had been running for over 30 years. Last year, it quietly removed its sign. The slide in the courtyard was taken away, replaced by a row of benches for people to bask in the sun—this place is now a community elderly care service center. Same parcel of land, same group of teachers, but the service recipients have shifted from 3-year-olds to 80-year-olds.
This seemingly unremarkable scene actually explains what’s happening in China better than any statistical report. In this massive shift, the first group pushed away by the waves were the 400,000-plus preschool teachers mentioned in the headline.
First, let’s total the latest numbers clearly. In 2025, the country had 2.6126 million dedicated preschool education teachers, down from 2.8319 million in 2024—a decrease of 219,300.
Move two more years back to 2022: that figure was at a peak of 3.2442 million. Over three years, 631,600 positions “evaporated,” a decline close to one-fifth. During the same period, kindergartens across the country closed 21,400 in one year. On average, nearly 59 kindergartens turned off their lights every day—among them, private kindergartens accounted for 14,700 closures, making up more than two-thirds.
What about the “customers” of kindergartens? In 2025, the number of births nationwide was only 7.92 million—1.62 million fewer than in 2024, a year-on-year drop of 17%, the lowest since 1949.
Here’s my personal judgment: this is not an ordinary industry adjustment. The “floor” under demand has collapsed entirely. What does it mean for the floor to collapse?
In early 2025, an academician from the Chinese Academy of Sciences issued a population forecasting report. Even under the lowest fertility scenario, the number of births in 2025 should have been 8.88 million. The actual figure, however, was 960,000 fewer than this most pessimistic prediction. If even an academician who does population research was shocked by reality, you can imagine how fast this curve has been dropping.
So don’t try to understand kindergarten closures as mere “cyclical fluctuations.” This is not something that you wait out and it will go back. It’s going to be irreversible. And the reason private kindergartens are the first to collapse is also very straightforward.
A typical private kindergarten usually needs an enrollment rate of more than 60% just to avoid losses. Rent, teaching staff, meals, and insurance are all fixed, non-negotiable costs. If student intake drops by 30%, the principal has to consider merging classes. If it drops by 50%, that’s basically the critical point where the school has no choice but to shut down and run. $BNB
In Jinan, there’s an old kindergarten that had been running for over 30 years. Last year, it quietly removed its sign. The slide in the courtyard was taken away, replaced by a row of benches for people to bask in the sun—this place is now a community elderly care service center. Same parcel of land, same group of teachers, but the service recipients have shifted from 3-year-olds to 80-year-olds.
This seemingly unremarkable scene actually explains what’s happening in China better than any statistical report. In this massive shift, the first group pushed away by the waves were the 400,000-plus preschool teachers mentioned in the headline.
First, let’s total the latest numbers clearly. In 2025, the country had 2.6126 million dedicated preschool education teachers, down from 2.8319 million in 2024—a decrease of 219,300.
Move two more years back to 2022: that figure was at a peak of 3.2442 million. Over three years, 631,600 positions “evaporated,” a decline close to one-fifth. During the same period, kindergartens across the country closed 21,400 in one year. On average, nearly 59 kindergartens turned off their lights every day—among them, private kindergartens accounted for 14,700 closures, making up more than two-thirds.
What about the “customers” of kindergartens? In 2025, the number of births nationwide was only 7.92 million—1.62 million fewer than in 2024, a year-on-year drop of 17%, the lowest since 1949.
Here’s my personal judgment: this is not an ordinary industry adjustment. The “floor” under demand has collapsed entirely. What does it mean for the floor to collapse?
In early 2025, an academician from the Chinese Academy of Sciences issued a population forecasting report. Even under the lowest fertility scenario, the number of births in 2025 should have been 8.88 million. The actual figure, however, was 960,000 fewer than this most pessimistic prediction. If even an academician who does population research was shocked by reality, you can imagine how fast this curve has been dropping.
So don’t try to understand kindergarten closures as mere “cyclical fluctuations.” This is not something that you wait out and it will go back. It’s going to be irreversible. And the reason private kindergartens are the first to collapse is also very straightforward.
A typical private kindergarten usually needs an enrollment rate of more than 60% just to avoid losses. Rent, teaching staff, meals, and insurance are all fixed, non-negotiable costs. If student intake drops by 30%, the principal has to consider merging classes. If it drops by 50%, that’s basically the critical point where the school has no choice but to shut down and run. $BNB
It’s almost impossible to tell whether it’s AI or a real person now
Using an iDream AI-generated ancient-style short video $BNB
Using an iDream AI-generated ancient-style short video $BNB
I’m done for—these women are so unbelievable: seven girlfriends all partnered up to start a business together! The Seven Fairies Coffee shop has been transferred, and once again proves that the fewer girl-friends you have, the better.
Seven people invested 700,000 yuan, and they managed to lose it all in less than half a year. They were losing about 100,000 yuan every month—faster than getting liquidated trading crypto.
“Seven Fairies Coffee” is a “all-female” influencer café and small bar that was opened in 2026 in Huizhou, Guangdong by several girlfriends who pooled roughly 700,000 to 800,000 yuan. But due to chaotic management within the partners, constant arguments in group chats, and disagreements over its positioning, it shut down and listed the shop for transfer and rent-out after only about 4 to 5 months in operation. $BNB
Seven people invested 700,000 yuan, and they managed to lose it all in less than half a year. They were losing about 100,000 yuan every month—faster than getting liquidated trading crypto.
“Seven Fairies Coffee” is a “all-female” influencer café and small bar that was opened in 2026 in Huizhou, Guangdong by several girlfriends who pooled roughly 700,000 to 800,000 yuan. But due to chaotic management within the partners, constant arguments in group chats, and disagreements over its positioning, it shut down and listed the shop for transfer and rent-out after only about 4 to 5 months in operation. $BNB
Can you buy a Beijing hutong siheyuan courtyard home? Here’s the honest lesson Lao Zhou learned after “paying tuition”
A while back, Lao Zhou—who was doing business—dragged me to drink. He blushed and said, “I spent over 20 million to buy a small siheyuan in a hutong in the East-West City districts. The agent said, ‘Only in old Beijing: a private courtyard with a family treasure-level legacy.’ Turns out, once I moved in, I was stunned. For half a year in the winter I was messing around—coal to electricity retrofits. The small kitchen built outside the property certificate was considered an illegal structure and I can’t use it. And the public housing next door requires an application-based relocation/evacuation. If I want to renovate, I need approvals from the cultural relics department. Even bank loans refuse to lend because the property rights are so complicated!”
I asked why he didn’t ask earlier. He sighed, “I thought buying it meant I’d be the master. I didn’t realize the water in a siheyuan runs ten times deeper than in a villa.”
Let’s spell it out in plain language: Beijing hutong siheyuan homes aren’t that they can’t be bought—it's just that 99% of ordinary people can’t afford them and also can’t really “play the game” of them.
First, purchase restrictions are tight. Since 2017, flat courtyard homes in hutongs have all been counted as residences. Beijing locals are limited by the number of housing units a family can have. Non-Beijing residents must pay social insurance long enough (as a baseline, at least one year within the Fifth Ring Road). Otherwise, you can’t even get through online contract filing.
Second, property rights are a huge trap. What can be transferred normally must be “private ownership with a large red certificate,” and the land must be assigned land. If it involves directly-managed public housing, centrally-owned assets housing, military-owned housing, or only usage rights, then you basically can’t buy it at all. Also, any sheds, lofts, or added bathrooms built outside the property certificate don’t count toward the area, and they may be ordered to be demolished.
Third, relocation/evacuation risk is hard to guard against. In the core old-city area, they’re doing “application-based lease termination.” If you buy a courtyard sandwiched in public housing, once the neighbors all get relocated, your standalone courtyard may not be spared either. Renovation gets constrained, and liquidity is frozen right away.
Fourth, prices split into extremes—wildly so. For top-tier courtyards like in Houhai, Nanluo, and Jingshan, the unit price can be several hundred thousand per square meter, and some people even fight over deals over a hundred million. They hold up well against market drops—like art. But ordinary messy compounds and old flat courtyards in non-core hutongs: they’re listed for years, price cuts of tens of millions don’t bring buyers, banks won’t lend, and selling/reraising cash is even harder than in suburbs.
In the end, Lao Zhou slapped his thigh and said, “This is for wealthy people to stash assets and do cultural stuff—not the ‘everyday need to improve living’ kind of dish we’re talking about. If your monthly payment is tight, you want a comfortable place to live, and you’re counting on appreciation—don’t touch it. If you truly have hundreds of millions in idle money, understand cultural relic protection and property rights, and you really love the soul of the hutong, then only a privately-owned premium siheyuan in the East-West City districts deserves to be called a ‘right purchase.’” $BNB
A while back, Lao Zhou—who was doing business—dragged me to drink. He blushed and said, “I spent over 20 million to buy a small siheyuan in a hutong in the East-West City districts. The agent said, ‘Only in old Beijing: a private courtyard with a family treasure-level legacy.’ Turns out, once I moved in, I was stunned. For half a year in the winter I was messing around—coal to electricity retrofits. The small kitchen built outside the property certificate was considered an illegal structure and I can’t use it. And the public housing next door requires an application-based relocation/evacuation. If I want to renovate, I need approvals from the cultural relics department. Even bank loans refuse to lend because the property rights are so complicated!”
I asked why he didn’t ask earlier. He sighed, “I thought buying it meant I’d be the master. I didn’t realize the water in a siheyuan runs ten times deeper than in a villa.”
Let’s spell it out in plain language: Beijing hutong siheyuan homes aren’t that they can’t be bought—it's just that 99% of ordinary people can’t afford them and also can’t really “play the game” of them.
First, purchase restrictions are tight. Since 2017, flat courtyard homes in hutongs have all been counted as residences. Beijing locals are limited by the number of housing units a family can have. Non-Beijing residents must pay social insurance long enough (as a baseline, at least one year within the Fifth Ring Road). Otherwise, you can’t even get through online contract filing.
Second, property rights are a huge trap. What can be transferred normally must be “private ownership with a large red certificate,” and the land must be assigned land. If it involves directly-managed public housing, centrally-owned assets housing, military-owned housing, or only usage rights, then you basically can’t buy it at all. Also, any sheds, lofts, or added bathrooms built outside the property certificate don’t count toward the area, and they may be ordered to be demolished.
Third, relocation/evacuation risk is hard to guard against. In the core old-city area, they’re doing “application-based lease termination.” If you buy a courtyard sandwiched in public housing, once the neighbors all get relocated, your standalone courtyard may not be spared either. Renovation gets constrained, and liquidity is frozen right away.
Fourth, prices split into extremes—wildly so. For top-tier courtyards like in Houhai, Nanluo, and Jingshan, the unit price can be several hundred thousand per square meter, and some people even fight over deals over a hundred million. They hold up well against market drops—like art. But ordinary messy compounds and old flat courtyards in non-core hutongs: they’re listed for years, price cuts of tens of millions don’t bring buyers, banks won’t lend, and selling/reraising cash is even harder than in suburbs.
In the end, Lao Zhou slapped his thigh and said, “This is for wealthy people to stash assets and do cultural stuff—not the ‘everyday need to improve living’ kind of dish we’re talking about. If your monthly payment is tight, you want a comfortable place to live, and you’re counting on appreciation—don’t touch it. If you truly have hundreds of millions in idle money, understand cultural relic protection and property rights, and you really love the soul of the hutong, then only a privately-owned premium siheyuan in the East-West City districts deserves to be called a ‘right purchase.’” $BNB
Fu Peng says: Unitree’s R&D budget is lower than Muyuan’s R&D budget for pig farming. Is that true? Let’s take a look
Public financial report data (2025) - Unitree Technology: revenue 1.699 billion yuan, R&D expenses 145 million yuan, R&D expense ratio 8.53%, R&D personnel 175 - Muyuan Co., Ltd. (leading pig farming company): revenue 144 billion yuan, R&D expenses 1.648 billion yuan, R&D expense ratio 1.14%, R&D personnel 6,539
It seems it really might be the case
So is it that robot technology is higher, or is it that pig-farming technology is higher? $UNITREE
Public financial report data (2025) - Unitree Technology: revenue 1.699 billion yuan, R&D expenses 145 million yuan, R&D expense ratio 8.53%, R&D personnel 175 - Muyuan Co., Ltd. (leading pig farming company): revenue 144 billion yuan, R&D expenses 1.648 billion yuan, R&D expense ratio 1.14%, R&D personnel 6,539
It seems it really might be the case
So is it that robot technology is higher, or is it that pig-farming technology is higher? $UNITREE
BTC surged to 80,000 but didn’t hold, then came back down and started to drift lower again, wobbling along. So, you still need to control your hands: once it’s pumped up, don’t chase the highs. Chasing highs requires technical skills + experience + luck. Ordinary people lack these, so don’t force yourself. For regular folks, it’s better to buy on dips than chase rallies. $BTC
Verified
Binance Lists Trump Media & Technology Group Stock Token DJTB and Opens Trading
According to an official announcement, Binance will list the bStocks Trump Media & Technology Group (DJTB) trading pair on August 26, 2026 at 12:00 (UTC), and will also open the spot algorithmic trading bot service. The DJTB/USDT trading pair will enjoy zero maker fees, with the promotion period running until August 31, 2026 at 23:59 (UTC). DJTB deposits and withdrawals will be enabled on August 26, 2026 at 13:00 (UTC). In addition, within one hour after the spot trading for DJTB is opened, users can exchange it for tokens such as BTC and USDT via Binance Fast Exchange with zero trading fees. $DJT
According to an official announcement, Binance will list the bStocks Trump Media & Technology Group (DJTB) trading pair on August 26, 2026 at 12:00 (UTC), and will also open the spot algorithmic trading bot service. The DJTB/USDT trading pair will enjoy zero maker fees, with the promotion period running until August 31, 2026 at 23:59 (UTC). DJTB deposits and withdrawals will be enabled on August 26, 2026 at 13:00 (UTC). In addition, within one hour after the spot trading for DJTB is opened, users can exchange it for tokens such as BTC and USDT via Binance Fast Exchange with zero trading fees. $DJT
This ZEC wave directly surged from 490 to 888—it's truly terrifying.
Holding a long position worth 147 million USD in BTC: “10.11 insider whale” is currently up $2.78 million; the ZEC short position is down $10.74 million
According to on-chain analyst Yu Jinji monitoring, “10.11 insider whale” Garrett Jin whale address (0x92ea...50e9) added 600 BTC long contracts at 2:00 a.m. at a price of $79,000, worth $47.4 million. This entity has held the BTC longs for 3 months; it currently holds 1,868 BTC longs worth $147 million, with an average entry of $77,090 and a floating profit of $2.78 million. At the same time, it holds 327,000 ZEC short contracts opened at an average price of $444, worth $25.28 million, with a floating loss of $10.74 million. $ZEC
Holding a long position worth 147 million USD in BTC: “10.11 insider whale” is currently up $2.78 million; the ZEC short position is down $10.74 million
According to on-chain analyst Yu Jinji monitoring, “10.11 insider whale” Garrett Jin whale address (0x92ea...50e9) added 600 BTC long contracts at 2:00 a.m. at a price of $79,000, worth $47.4 million. This entity has held the BTC longs for 3 months; it currently holds 1,868 BTC longs worth $147 million, with an average entry of $77,090 and a floating profit of $2.78 million. At the same time, it holds 327,000 ZEC short contracts opened at an average price of $444, worth $25.28 million, with a floating loss of $10.74 million. $ZEC
Net unrealized profit of $221 million; Binance’s SAFU fund bought 15,000 BTC, achieving a return rate of 21.5%
According to on-chain analyst Ai Yi’s monitoring, between February 2 and February 12, the Binance SAFU fund cumulatively purchased 15,000 BTC. Based on $1 billion, the average cost is about $66,666.66; based on the current price of $81,000, the return rate is 21.5%, with an unrealized profit of $221 million. $BTC
According to on-chain analyst Ai Yi’s monitoring, between February 2 and February 12, the Binance SAFU fund cumulatively purchased 15,000 BTC. Based on $1 billion, the average cost is about $66,666.66; based on the current price of $81,000, the return rate is 21.5%, with an unrealized profit of $221 million. $BTC
Verified
BNB Chain Enables Pasteur Hard Fork, Enhancing BSC Cross-Chain Bridge Security and Block Transaction Capacity
The BNB Chain blockchain network has enabled the Pasteur hard fork on the BNB Smart Chain (BSC) mainnet. The upgrade covers cross-chain bridge verification, validator authorization, staking and governance security, and increases block capacity without changing the 450-millisecond block time.
This upgrade includes BEP-682, BEP-695, and BEP-675, which respectively address duplicate validator entries, validator key rotation and penalty governance, and the block submission process. In the internal test environment QANet, the new process increases throughput from 1,237 transactions per second to 2,324 transactions per second; however, the related data comes from controlled testing and is not based on mainnet measurements. (Cointelegraph) $BNB
The BNB Chain blockchain network has enabled the Pasteur hard fork on the BNB Smart Chain (BSC) mainnet. The upgrade covers cross-chain bridge verification, validator authorization, staking and governance security, and increases block capacity without changing the 450-millisecond block time.
This upgrade includes BEP-682, BEP-695, and BEP-675, which respectively address duplicate validator entries, validator key rotation and penalty governance, and the block submission process. In the internal test environment QANet, the new process increases throughput from 1,237 transactions per second to 2,324 transactions per second; however, the related data comes from controlled testing and is not based on mainnet measurements. (Cointelegraph) $BNB
Partly True
Binance adjusts multi-contract leverage and margin tier levels
According to an official announcement, Binance Futures will adjust the leverage and margin tier levels for USDⓈ-M perpetual futures contracts of FILUSDT, ROBOUSDT, LPTUSDT, ZRXUSDT, SPORTFUNUSDT, NOMUSDT, SAGAUSDT, QNTXUSDT, SHAZUSDT, STRCUSDT, and BSPUSDT on 2026-08-28 at 14:30 (UTC+8). The update is expected to be completed within one hour. Existing positions will be affected, and users are advised to make adjustments in advance. $FIL
According to an official announcement, Binance Futures will adjust the leverage and margin tier levels for USDⓈ-M perpetual futures contracts of FILUSDT, ROBOUSDT, LPTUSDT, ZRXUSDT, SPORTFUNUSDT, NOMUSDT, SAGAUSDT, QNTXUSDT, SHAZUSDT, STRCUSDT, and BSPUSDT on 2026-08-28 at 14:30 (UTC+8). The update is expected to be completed within one hour. Existing positions will be affected, and users are advised to make adjustments in advance. $FIL
“Niu Lai” — a few screenshots were elevated as if they were the Western art world’s Van Gogh, with people saying that every frame is abstract art.
From an aesthetic perspective, in “Niu Lai” each painting’s colors, composition, and textures really do come together into an immature yet splendid, dreamlike atmosphere—an ultimate aesthetic goal many masters strive for.
Is it possible that Van Gogh’s paintings are just on this level too, and that it’s only because Western people’s aesthetic standards are higher that they made him a master? $牛来
From an aesthetic perspective, in “Niu Lai” each painting’s colors, composition, and textures really do come together into an immature yet splendid, dreamlike atmosphere—an ultimate aesthetic goal many masters strive for.
Is it possible that Van Gogh’s paintings are just on this level too, and that it’s only because Western people’s aesthetic standards are higher that they made him a master? $牛来
Verified
Binance will list 5 U-based perpetual contracts including SKUU on August 25
According to the official announcement, Binance will gradually list five U-based perpetual contracts—SKUUUSDT, SKDDUSDT, RAMUSDT, DJTUSDT, and MRNAUSDT—from 09:00 to 09:20 (UTC) on August 25, 2026. The maximum leverage is 20x, and it supports multi-asset mode. $SKUU
According to the official announcement, Binance will gradually list five U-based perpetual contracts—SKUUUSDT, SKDDUSDT, RAMUSDT, DJTUSDT, and MRNAUSDT—from 09:00 to 09:20 (UTC) on August 25, 2026. The maximum leverage is 20x, and it supports multi-asset mode. $SKUU
In the area where I live, among my friends and relatives, cryptocurrencies are considered the same as pyramid schemes, so in everyday life I never talk about anything in the crypto world, so that people won’t look at me with pity.
In the past couple of days, Bitcoin has been going up. My friends and relatives saw the news push, and during meals they all asked me what was going on with trading coins. I couldn’t hold back and started to explain. Just as I was getting into it, I suddenly noticed they began looking around, whispering about something else. It hit me then: they weren’t really interested; they were just finding something to talk about. I took it seriously and quickly shut up, changed the subject, and pretended to care about my relatives’ children to move past it.
On the way back, I kept telling myself that in the future I would never mention Bitcoin to people outside my circle. If they ask, I’ll say I stopped playing long ago—I don’t know anything... $BTC
In the past couple of days, Bitcoin has been going up. My friends and relatives saw the news push, and during meals they all asked me what was going on with trading coins. I couldn’t hold back and started to explain. Just as I was getting into it, I suddenly noticed they began looking around, whispering about something else. It hit me then: they weren’t really interested; they were just finding something to talk about. I took it seriously and quickly shut up, changed the subject, and pretended to care about my relatives’ children to move past it.
On the way back, I kept telling myself that in the future I would never mention Bitcoin to people outside my circle. If they ask, I’ll say I stopped playing long ago—I don’t know anything... $BTC
Verified
Remote control toys can’t hold up such a huge market value!
Unitree Technology’s market value fell by more than 20 billion yuan in a single day
Market data shows that the stock price of Unitree-U (C) opened lower and fell. By the close, it was at 603.08 yuan, down more than 10%, with a total market cap of 2,439 billion yuan. Based on the closing price from the previous trading day, Unitree Technology’s market cap evaporated by more than 20 billion yuan during the day, and compared with its opening price on its listing day, it has evaporated by more than 200 billion yuan.
In addition, on trade.xyz, Unitree Technology is temporarily quoted at $89, down nearly 7% over the past 24 hours. $UNITREE
Unitree Technology’s market value fell by more than 20 billion yuan in a single day
Market data shows that the stock price of Unitree-U (C) opened lower and fell. By the close, it was at 603.08 yuan, down more than 10%, with a total market cap of 2,439 billion yuan. Based on the closing price from the previous trading day, Unitree Technology’s market cap evaporated by more than 20 billion yuan during the day, and compared with its opening price on its listing day, it has evaporated by more than 200 billion yuan.
In addition, on trade.xyz, Unitree Technology is temporarily quoted at $89, down nearly 7% over the past 24 hours. $UNITREE
Verified
No. 1: Zhaoming — “Binance Marketplace” and CZ, both active on WeChat groups, are fake
No. 1 stated in a post on the X platform that CZ does not use WeChat. At present, the “Binance Marketplace” and CZ that are very active in WeChat groups are both fake Binance and fake CZ. They are conducting on-the-ground promotion—please remind each other and beware of scams. $BNB
No. 1 stated in a post on the X platform that CZ does not use WeChat. At present, the “Binance Marketplace” and CZ that are very active in WeChat groups are both fake Binance and fake CZ. They are conducting on-the-ground promotion—please remind each other and beware of scams. $BNB
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