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JPEX turmoil
Behind the JPEX case involving 15 celebrities: KOLs hyped up murders in a cold-blooded way, throwing money around in the city center to attract traffic
The false propaganda of KOLs has finally been punished by law. Recently, the JPEX case has further fermented, and the Hong Kong police arrested 6 people on suspicion of "conspiracy to defraud", including KOL Lin Zuo and Chen Yi.
The first criminal case in Hong Kong’s cryptocurrency circle: What crime should JPEX be charged with?
Today, Sister Sa’s team will dig deep into the past and present of JPEX Exchange as well as various illegal, unlawful and even criminal operations for all partners, and enumerate the “sins of JPEX”.
FTX reappears? JPEX "embezzles" user assets and is deeply involved in a high-priced fraud case
JPEX was involved in a high-price fraud case, and the KOL was sent to jail.
Macro perspective
Full text of Xiao Feng’s opening speech at the Wanxiang Summit: The next three years will be a critical moment for large-scale applications
Web3.0 not only covers technology, but also involves innovative business models, organizational forms, economic mechanisms and financial models. We have invited experts, developers and practitioners from all walks of life to express their insights and bring value to the participants.
Xiao Feng's closing speech at the Wanxiang Summit: Web3 will build the 2.0 version of Hong Kong's international financial center
Xiao Feng, Chairman of Wanxiang Blockchain, delivered a closing speech at the event titled "Web3.0 and the Hong Kong Special Administrative Region Virtual Asset Policy Declaration". The following is compiled based on the shorthand notes of the event, with some deletions and modifications that do not affect the original meaning.
Shenyu Community AMA: After more than ten years in the Crypto industry, the only thing that is hard to understand is human nature
From a young man just out of campus to having worked in the industry for more than ten years, I have experienced too many tests of human nature and witnessed the ups and downs of many people. So now I believe more in not challenging human nature.
The Federal Reserve suspends interest rate hikes as expected, and Bitcoin barely holds $27,000
On the afternoon of September 20th, Eastern Time, the Federal Reserve announced that it would maintain interest rates at current levels. This decision was the second suspension of interest rate hikes since it began raising interest rates in March 2022, which was in line with market expectations.
Seize the opportunity
A quick look at the 12 projects in Binance Labs Season 6
Binance Labs announced the 12 incubation projects for the sixth season last night, including infrastructure, DeFi, AI-driven DApp, and GameFi/SocialFi.
Banana Gun Research Report: How did this "sniper rifle" become one of the top TG BOTs?
The latest and hottest TG track project Banana Gun soared 10 times at the start! World Chain Investment Research takes you to find out!
Liquid Restaked Token (LRT): LSD Leveraged Lego, the New Ponzi Token Economics Playbook
As with any financial leverage mechanism, liquid re-collateralization of tokens carries risks. We are essentially stacking leverage, similar to the early days of DeFi, which makes the system more vulnerable to market volatility and system failures.
Interest-bearing stablecoins: market landscape, potential risks, and opportunities for improvement
Interest-bearing stablecoins are a type of stablecoin that provides holders with a return on investment by simply holding the asset.
Web3
Behind the shutdown of PolkaWorld, the Chinese community of Polkadot: the battle between funding, governance and community
PolkaWorld, the Chinese community of Polkadot, announced that it would cease operations after its proposal for funding was rejected, sparking controversy over the governance and funding allocation of the Polkadot ecosystem.
Understanding Holesky in one article: The first proof-of-stake consensus test network after the Ethereum merger
Ethereum testnet Goerli exits the stage of history, Holesky takes over. What is special about this proof-of-stake consensus testnet?
Nayuki's Tea's collaboration with Jay Chou's IP failed, exposing the dilemma behind the Metaverse
How many users can "Fantasy Music Universe" retain? The idea of opening up the user market through cross-border collaboration is good, but issues such as user experience, sustainable gameplay, and value realization are all tests that explorers must go through.
Exclusive interview with Hong Kong Legislative Council member Qiu Dagen: There is only a one or two year policy gap with Singapore, and users should only trust licensed exchanges
In an interview with PANews, Councillor Qiu Dagen elaborated on his views on Hong Kong in the era of digital assets, including the future of Web3, policy orientation, the potential of Hong Kong dollar stablecoins, and the risks of trading platforms. He emphasized that while facing challenges, Hong Kong still has huge development potential in this field.
TON’s road to rebirth: renewing its relationship with Telegram, 800 million users may realize large-scale application of Web3
The TON Foundation and Telegram officially announced their partnership and launched the self-hosted crypto wallet TON Space for users. Is this really the end of the love-hate relationship between the two for many years? We can also look forward to what effects the 800 million users will bring in the future.
Paradigm's view on crypto-Mars: speculation, pioneering and gambling on the blockchain
Many critics see it as a barren and worthless planet, or even as little more than a dirty casino. However, optimists see potential in this untamed land: a place where more advanced financial systems and internet platforms can be built.
Linda Xie's Scalar Capital halts investment, crypto funds face tough times?
Scalar Capital, a crypto fund that has been operating for 6 years, has officially closed down; under the pressure of US supervision, fund financing has become difficult.
Digging into the NFT whales’ holdings: Everyone is making money and showing off, only Big Brother Maji is getting beaten
Unlike the other 19 largest NFT whales, Huang Licheng is the only one who lost money, with an estimated total loss of 6,776 ETH.
Technical
Reviewing Solana’s technical mechanism: The core reason why it was not killed by Ethereum?
Recently, MakerDAO said that Solana’s codebase is pretty good, Visa also announced that it would cooperate with Solana on a pilot basis, and Solana’s TVL and other data indicators have also recovered a lot. Is Solana about to usher in a second spring? How should we interpret it?
Exclusive interview with Celestia co-founder: Without Celestia, Ethereum cannot scale Rollup
This article exclusively interviews Nick White, co-founder and COO of Celestia, to explore the relationship between Celestia and Ethereum, as well as the story behind Celestia.
Eclipse Mainnet: A modular Layer2 with Ethereum security and Solana speed
L2 has the incredible ability to leverage Ethereum’s network effects and settlement guarantees while experimenting with best-in-class new execution environments, and Eclipse Mainnet is the natural realization of this vision.
Can re-staking prevent MEV theft? Exploring the new use case of EigenLayer re-staking MEV-Boost+
Can re-staking also be used to prevent MEV theft and ensure the atomicity of blocks?
Key Information
1,432 South Korean taxpayers reported $98.5 billion worth of overseas crypto assets
Optimism has started the third round of airdrops, 19 million OP will be distributed to more than 31,000 addresses
Zhao Changpeng responds to executive departure: Binance has added 600 to 700 people in the past few months
Chairman of the U.S. SEC: The U.S. government may shut down at the end of this month, and the SEC's regulatory activities will be severely restricted
The court has approved the SEC’s motion to “unseal the sealed documents in the Binance lawsuit”
Citigroup launches token service to enter digital asset field
Ant Group plans to exit investment in A&T Capital, withdrawing from $100 million fund
Warning: Google Authenticator cloud synchronization function is the reason for the theft of Fortress's passwords, please pay attention to the related risks
Musk plans to charge all Twitter users a monthly fee
BTC plunged 87% on Binance.US in 2021, possibly due to an operational error by Alameda traders
CoinEx attack progress: losses have exceeded 70 million US dollars, and the affected users will be fully compensated