ADOU-阿斗

Gossip. After the Perp DEX trading-volume celebration, the liquidity Vaults are no longer profitable. Although Vault returns have declined, it doesn’t mean the Perp DEX is declining. In the early days, Perp DEXes benefited from high-volatility market conditions and high leverage, among other factors. As professional institutions entered the market and market conditions stabilized, the market’s arbitrage opportunities for Perp DEXes also shrank. The fact that the Vaults are no longer raking in profits suggests that the crypto market is moving toward maturity.

Gossip. Trump charges $100,000 per month (the fee begins in July), and the other party can learn in advance the official government announcements he posts on social media platforms that he owns. This plan is unusual. The plaintiff filed a lawsuit to stop it, arguing that Trump profited by selling government information, which is corrupt and unconstitutional. The lawsuit states: “This scheme is extremely corrupt. The president can obtain economic benefits by providing government information to those willing and able to pay his private company for ‘moving the market.’” Trump Media has already signed more than 10 Truth API agreements with clients. “Typically, the monthly amounts are between $60,000 and $100,000,” and these clients are “mainly high-frequency trading firms.”

Gossip—hardware wallets are in trouble again! Two weeks ago, a Coldcard wallet was directly stolen. This time, everything was leaked: “who bought the hardware wallet, what’s their email and phone number, and where they live”—the most sensitive soft spot: the shipping address. “Wrench attack”: when the sturdiness of cryptography meets the fragility of the physical world, the term “wrench attack” comes from a classic XKCD web comic. No matter how complex the cryptographic encryption is, the attacker only needs a $5 wrench to threaten the victim into handing over the password—there’s no need to crack the algorithm at all. This slightly darkly humorous analogy has now become a formal term in the field of cryptographic security, specifically referring to physical coercion crimes carried out against the holders of encrypted assets and their families, such as kidnapping, robbery, torture, and extortion. Unlike traditional hacker attacks, wrench attacks completely bypass the technical safeguards. No matter how many layers of multisig you use, how much hardware isolation you have, or how you protect with biometrics, if the attacker can determine “who you are,” “how much you have,” and “where you live,” then technical security is effectively meaningless.

Gossip. On August 12, 2026, as the “Cryptocurrency Market Structure Act” (i.e., the CLARITY Act) stalled in the U.S. Congress, the U.S. Securities and Exchange Commission (SEC) is preparing to roll out two major initiatives in the coming days, which could further boost the U.S. cryptocurrency industry. 1) The SEC will establish a tailored issuance framework for crypto assets. 2) The SEC will soon announce an “innovation exemption” initiative. It’s reported that Wall Street has already moved ahead with plans.

Adou’s eight trigrams, Binance co-founder, Sichuan’s extraordinary woman, a super rich woman—He Yi. She posted this divine message suddenly at the Binance Plaza. What kind of behavior does it demonstrate toward modern civilized society and Web3 digital society? Extreme disgust, hatred, and contempt? 😀😀

Gossip and the like—over the thousands of years, the people-oriented nature and society have not changed much. It’s just that the scale of time and space has changed dramatically: time and space are compressed, communication and transportation are faster—ten thousand miles in a day, information at the speed of light—and the density of human interaction is higher. As a result, the gap between people seems even greater, especially when comparing how people understand Bitcoin, blockchain, encryption, and Web3; it’s hard for them to communicate with each other 😀. Is it said that the gap is even bigger than the gap between people and, well, whatever else? 😀

Adou’s eight sayings—only 20 years, a speed you can see with your own eyes. Web2 will make newspapers disappear from the mainstream public. Looking ahead to the next 20 years, what will Web3 make disappear?

C2PA, full name: Coalition for Content Provenance and Authenticity, the Content Provenance and Authenticity Alliance. Founded in 2021, this open-source industry technical standard was jointly developed and released by companies and institutions including Adobe, Microsoft, Google, OpenAI, Sony, BBC, The New York Times, and others. It is designed specifically to address the provenance issue of images, videos, audio, and documents in the AI era. The product name for everyday users is Content Credentials.

Gossip. Recently, after passing an audit, Tether’s CEO responded to critics saying, “To be honest, I don’t care.” He said that Tether has repeatedly proven its strength and mentioned that it redeemed $7 billion within 48 hours in 2022. Such a situation would make any bank collapse.

Adou’s Eight Trigrams💥💥💥—Life in the Coin World❤️❤️❤️
Live well—each day brings new blows
Difficulties may be late, but they will never be absent
Sometimes, if you don’t push yourself once, you’ll never know what despair is😁😁😁
You yearn for life, and though life is far from you, it will still seek you out
Don’t let yourself think—so young—that you’ve fallen into the low point of life; believe in yourself—there’s still a lot more room to go down🤩🤩🤩
Nothing is difficult as long as you’re willing to give up😎😎😎
If God shuts one of your windows, he will surely lock the door as well
Life isn’t only the compromises in front of you—there’s also tomorrow’s compromises
You always believe you’ve already won at the starting line, not knowing some people are born as the finish line
Now you should understand: life is just ups and downs—down, down, down, down, down…
If you weren’t “Adou,” you’d never know what you would’ve turned out to be?😀😀😀

Adou’s Bagua. RWA: tokenizing real-world assets on-chain. How deep is the water? The CSRC filing was approved, and Hong Kong applied for a license—the threshold is as high as the ancient city wall in Xi’an. But overnight, more than 7,000 U.S. stock tokens went live for trading, including Nvidia, Apple, SpaceX… Alibaba, Meituan, Kuaishou also got tokenized and listed. Now, without needing a U.S. dollar account, everyone can invest in U.S. stocks—the world’s money flows to the United States. We can’t use a fruit knife to kill an elephant, and we can’t use the Green Dragon Crescent Blade to hack at something—what should we use, then?

A Dou Bāguà—you may have seen a WeChat group of 500 people, or a QQ group of 5,000 people, but have you ever seen an envelope group for 100,000 people? In China, WeChat; in the world, Envo. With web3’s super social features, the metaverse of socializing is here. Download https://www.envo.world (please copy the address and download it in your browser). Invitation code: dXwwaK (fill in the invitation code for a red packet; please ignore the installation risk warning). I’ll ask again—what is the invitation code?

A-Dou’s eight trigrams—have your WeChat account been frozen before? Has your group chat been shut down? China’s WeChat, the world’s Envo—welcome to experience Web3 socializing, welcome to feel the air of freedom, welcome to the new world of Envo. Download https://www.envo.world （please copy the address into your browser to download），invite code: dXwwaK （enter the invite code to get a bonus）。What should you do about installation risk warnings?

Gossip. Envo——Envelope, Social in Web3, Web3 in social, fused with……
Tencent’s 【Social】
Alibaba’s 【Payments】
Binance’s 【Trading】
Douyin’s 【Live Streaming】
But how do you handle both Web3 assets and Web2 social—grasping both with your hands and wanting both?