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.
Although it hasn’t been released yet, the pre-order price for the iPhone Duo has already been driven above 20,000 yuan, with a premium rate over 35%. Combined with earlier Nikkei reports that initial production is severely constrained due to low yields.
Now everyone knows that if you can get your hands on this device, it’s basically a win—just like applying for stock IPOs.
It always feels like the documents Beijing University sends internally—tightening up spending and requiring file submissions—lists of places you’re forbidden to go to hold meetings that seem more like a travel and vacation guide, right?
They’re all great mountains and clear waters, and even there’s the Summer Palace.
The rich have become even richer. Back then, Li Lin, the founder of Huobi, sold his own Huobi exchange, and rumors said he made more than $1 billion. Today, the media revealed that he sold his mansion in London, England. After removing the original purchase price, he netted £51 million, about $69.02 million.
Taking into account the Bitcoin he had accumulated early on, which has continued to appreciate over these years, the rich are accelerating their wealth.
This batch of bears is so惨了—because they bet that CPI meeting expectations would heat up, and that the Fed would definitely raise rates, but after the data was released, everything was pulled upward.
Whether you’re trading US stocks, Bitcoin, or gold, they all went up.
After BYD suddenly canceled the profit bonus this year (equivalent to last year’s year-end bonus).
Today, if you scroll through any BYD discussion post and its comments, you’ll randomly see a few BYD employees. They use small accounts to post in a matrix 🤣
14 years ago, an old brother posted on social media opposing how Obama tried to win re-election by spending money to buy voters’ support.
Now it’s Trump’s turn—during the midterm elections for congressional seats—so he has decided that, after winning, he will promise to hand out $5,000 to every person.
But back then, Obama’s total funding amounted to only $50.5 billion; for Trump’s new promise to be made real, it would mean spending a cumulative $1.2 trillion.
One of the reasons Apple has for making foldable screens turned out to be the Chinese market—it even mentioned Huawei. But I’m curious why, after Cook went back in 2020, it wasn’t until 2026 that the company officially released the real device.
Back then, foldable phones were still priced highly. The Huawei foldable phone that Cook mentioned apparently cost 16,999 yuan at the time. .
Wow, seriously—has this app been hacked, or what’s going on? There’s an app in the Apple Store called “Russian Kela.” You can also find it in overseas stores as “RuskuCra.” It suddenly shot up to the top of the efficiency chart and ranked first in downloads.
On the surface, it looks like a digital game, but once you open it, everything feels completely off—what about Apple’s review process?
According to the latest Reuters and Bloomberg reports, China’s domestically made AI chips have not seen a major price war. On the contrary, they are in short supply.
Huawei has reportedly notified some customers that the recommended external selling price for its AI processing chip, the 950DT, has been increased by 20% to 50% compared with two months ago, to RMB 250,000. At the same time, Chinese chips from companies such as Cambricon and Moore Threads have also raised prices in parallel.
The 950DT is one of Huawei’s main chips benchmarked against Nvidia’s high-end offerings. Like the H100 and B200, it is an AI chip with built-in memory. Previously, it was also reported that DeepSeek placed large-scale preorders.
That’s way too direct. Aside from the flurry of policies cracking down on housing prices, Trump also promised that if his own Republican Party wins both the House and Senate in the midterm elections, then he’ll give every American $5,000.
I looked it up—during the pandemic, the three rounds of cash-subsidy checks totaled at most only $3,200 for adults. So this is basically a whole new wave of mass money handouts. You all vote for me; if you do, I’ll give you money 🤣
I looked into Apple’s foldable iPhone Duo and the prices in different regions. All I can say is that once again, the guys in the US have won big.
In the US, the lowest configuration with 256 GB costs $1,999. In Hong Kong, it’s 17,499 HKD, about $2,230. Meanwhile, mainland China charges 15,999 RMB, which is about $2,384.
Most other regions are also priced with a markup of roughly $200 to $400.
And then the mainland version still has some hardware changes due to policy adjustments.
Biden’s son’s cryptocurrency project—LAPTOP—this morning displayed that a social media account was frozen by X’s official account. After last night’s spike and subsequent drop, this cryptocurrency has fallen from a peak market cap of 315.4 billion to 840 million. The number of victims is in the tens of thousands.
Now, bro not only has a long history of hard drug use, has been convicted federally, and has a debt record, but he’s also added a token-issuing crash to the list...
Liu Xiang’s situation finally has a result. Bro just posted a clarification piece.
When it came to either a buyout and resettlement or choosing one’s own employment, he ultimately chose the former. He received a buyout and resettlement payment of 494,000 yuan, which is lower than the 850,000 to 1.5 million yuan previously estimated by domestic media.
But bro still threw out a big point: he complained that in the past, the government kept every year cracking down on being “on the payroll but not working.” So why, 11 years later, did the Shanghai Sports Bureau only now, in such a hurry, make him choose between the two options?
This also fits earlier analysis—probably the rectification requirements from the inspection team at the start of the year. That’s what forced the bro, who’d been outside the system for 11 years, to be quickly brought back and called to a meeting to make a decision.
Now bro is free to take advertisements and doesn’t have to hand a cut upstairs anymore. But some colleagues say that he’s currently addicted to games and has turned into a shut-in, so he probably isn’t as interested in making money as before.
Cyberpunk has become reality. Multiple JD.com employees have disclosed that many administrative staff at the JD.com Beijing campus have been instructed to wear black collection devices to record the actions and behavioral processes of distilled employees.
The current targets include cleaning personnel, maintenance staff, receptionists, and more. It is expected that in the future, about 100,000 JD.com employees in different professions will participate in this data distillation program.
Sadness: Meta recently released its AI assistant Muse, and has been heavily promoting it of late. But in reality, the name Muse on its own Instagram has long been taken by a band called Muse (the UK rock band). For years, they’ve been using that name and updating their Instagram account.
Until recently, netizens discovered that the “muse” name that belonged to them had been changed to museband.
Wow—before this, at OpenAI; this year, a young guy, Jacob Coxon, went to Anthropic. He was worried that AI might really end up wiping out humanity, so he decided to quit and get out of the industry.
He believes this AI thing will soon become far better than humans, and that development can’t really be stopped—it’ll quickly be able to break into any system, rewrite an industry overnight, and then go on to seize resources and power for itself.
Even the people who created it in-house believe it could kill everyone within the next decade.
He also accuses the leading companies behind ChatGPT and Claude of essentially betting their lives on it.
Inside those firms, many people don’t take this seriously. Even though Anthropic’s internal team behind Claude likely knows this is true, they think other AI companies won’t hit the brakes because of the risk—so they feel they have to sprint to the finish line first, even if they know it’s dangerous.
Once an AI model can make itself stronger, humans will find it very hard to pause it again. He told reporters that, following the most aggressive path, it could already be out of control by the end of next year. And inside the company, colleagues are already talking in terms like “the endgame” and “the critical moment,” preparing for a full loss of control.
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