"High-level Dialogue" Uweb President Yu Jianing: Those who are good at losing win, and those who hold on for a long time win
MetaEra has launched a series of interviews with industry elites and leaders, and we will continue to talk to them and explore the development and future of Web3. The person we interviewed this time is Yu Jianing, president of Uweb.
Article author: Echo, MetaEra
Source: MetaEra
Introduction
Yu Jianing is the president of Uweb (University of Web3). He graduated from Renmin University of China and holds a doctorate in finance. He has served as the director of the Industrial Economics Research Institute of the Information Center of the Ministry of Industry and Information Technology and the president of Huobi University. Dr. Yu Jianing is also the originator of the concept of "industrial blockchain" and has published many books including "Metaverse". He has a profound influence on the education and research fields of the global digital economy and blockchain industry, and was once praised by "China Weekly" as "a leader in cultivating blockchain thinking."
The $100,000 threshold was met with a shock, Bitcoin reaches a critical crossroads
$600 million liquidated, Bitcoin spiked to $90,500 this morning.
Written by: Shaofaye123, Foresight News
After Bitcoin rose to $100,000, a significant downward spike occurred this morning, with approximately $600 million liquidated in 24 hours. The CMC altcoin season index rose to 88, with the market having risen for nearly 100 days, entering a critical moment.
Bitcoin spiked to $90,500
Yesterday, after BTC broke through $100,000, it fell throughout the evening. At 6:28 AM on December 6, BTC/USDT experienced an extreme spike, with BTC briefly dropping to $90,500. In 12 hours, $477 million was liquidated, with long positions accounting for $410 million. It has since gradually recovered to $97,860, and other altcoins like ETH have also gradually recovered after a brief pullback.
CertiK Monthly Security Report: November Latest Data Revealed
MetaEra collaborated with CertiK to jointly launch the November security report, conveying key security information to the industry.
Article author: Echo, MetaEra
Source: MetaEra
In November 2024, the Web 3.0 industry faced a series of security challenges, including flash loan attacks, exploitation, and exit scams. Compared to the previous month, losses due to security incidents surged nearly double this month, with total losses amounting to $219 million. This was primarily due to a significant increase in flash loan incidents and exploitation incidents.
The major security incidents in November were Thala and DEXX, both of which were exploitation incidents, with losses of $25.5 million and $21 million respectively, accounting for a significant proportion of the total losses for the month. In the well-known DEXX incident, hackers exploited the platform's private key management vulnerability to easily gain access to the platform, transferring assets worth over $100 million to multiple anonymous addresses, resulting in a total loss of $21 million.
Bitcoin Faces a Severe Blow at the $100,000 Mark, Reaching a Critical Crossroad
Written by: Shaofaye123, Foresight News
After Bitcoin rose to $100,000, a significant downward spike occurred this morning, with liquidations totaling about $600 million in 24 hours. The CMC altcoin season index rose to 88, with the market rising continuously for nearly 100 days, entering a critical moment.
Bitcoin spiked to $90,500.
Yesterday, after BTC broke through $100,000, it fell sharply during the evening. At 6:28 AM on December 6, BTC/USDT experienced an extreme spike, with BTC briefly dropping to $90,500. In 12 hours, $477 million was liquidated, primarily long positions, totaling $410 million. It has gradually recovered to $97,860, and other altcoins like ETH are also gradually recovering after a brief pullback.
[MetaEra Offline Event Preview] December 9 - December 15
The MetaEra team has carefully organized key global events from December 9 to December 15. The times indicated for each event are local times. We hope this helps you in your participation.
Article Author: Echo, MetaEra
Source: MetaEra
In the wave of Web 3.0, distributed work has become the industry norm, with many industry communications and daily work collaborations being completed online. Offline meetings and events are gradually becoming important occasions for industry builders and investors to share and connect. In the face of an overwhelming flow of information, how to accurately filter high-quality events that aid in trading decisions has become a pressing issue. To address this challenge, MetaEra will select and push global offline industry events for the next 7 days every Friday, aiming to help you efficiently plan your participation rhythm, optimize your schedule, and make work and life more convenient.
20 predictions for 2025: A panoramic view of Web3 from scaling to privacy
Original title: 20 Predictions For 2025
Source: Equilibrium Research
Original translation: Yuliya, PANews
Predicting the future is a challenging, if not impossible, task. Yet everyone is involved in some form of forecasting and making decisions based on their understanding of the future.
Equilibrium has released its first annual forecast report, looking ahead to what is likely to happen and where the industry is headed by the end of next year. The report was produced jointly by Equilibrium's lab and venture capital arm.
The Eve of Bitcoin Meme Explosion: Is RGB++ Incubating a Blockbuster-Making Machine?
Written by: Deep Tide TechFlow
Memes, as defined by their 'rapid dissemination characteristics', spread rapidly across various sectors of the crypto ecosystem like a wildfire: from celebrity effects, the U.S. elections, to the truth terminal and zoo meetings, every day brings a new Meme narrative to life as soon as we open our eyes (or sometimes before we even have the chance to sleep).
As BTC breaks the historical threshold of $100,000, the enthusiasm for the long bull market has been reignited, and people are beginning to notice: in an era where everything can be a Meme, Bitcoin Memes seem to have become the overlooked corner of attention.
From 0.1 ETH to 840,000 USD, how did smart money get rich overnight through Base?
Author: shushu
Starting with 100 dollars, this wallet achieved a maximum profit of 912803%.
On March 25 this year, mopzy.eth received 0.026 ETH from a now-abandoned wallet, worth $93.35, starting this wallet's ten-thousand-fold journey in the Base ecosystem with a bad trade.
Looking back at the end of March this year, it was the peak of the market sentiment that surged after the approval of the Bitcoin ETF, but it was also the beginning of the Base ecosystem truly gaining momentum.
The mopzy.eth address did not participate in the DEGEN trading that was born out of the Farcaster craze. On March 28, mopzy.eth purchased HIGHER worth $105.
Russian President Putin recently stated that BTC and digital currencies are unstoppable, positioning them as key tools for 'reducing financial inefficiency' and 'enhancing economic stability.'
On December 4, Putin spoke at an investment forum in Moscow, advocating for BTC to be considered a global reserve asset instead of the dollar.
Additionally, Putin criticized the U.S. government for using the dominance of the dollar to further control the currencies of other countries, thereby influencing their politics.
Putin pointed out that after the outbreak of the war in Ukraine in 2022, Western countries froze $300 billion of Russia's reserves. This prompted many countries to start looking for uncontrolled alternatives, such as BTC.
Technical Analysis of Stacks: BTC Layer2 'Pioneer'
Written by: Haotian
Riding on the impressive performance of the old coin sector, I would like to talk about the absolute old coin of the Bitcoin ecosystem, @Stacks.
1) Unintentionally riding the FOMO wave of BTC Layer2, but it has long been a 'pioneer';
2) The POX consensus mechanism relies on economic binding to hitch a ride on the rapid growth of BTC;
3) The sBTC native BTC cross-chain design, though lacking the cryptographic techniques of Babylon, is still considered 'native'.
Now, let's analyze the above three points from a technical perspective, point by point:
1) As early as 2017, when Bitcoin was still embroiled in the dispute between conservatives and innovators, conservatives firmly believed in simplifying functions to focus solely on being a reserve asset, while innovators argued that BTC needed to expand more application scenarios to support smart contract functionalities to compete with new chains like Ethereum.
Blockchain technology is revolutionizing the way multiple industries operate, from finance to healthcare and beyond. While many associate blockchain with cryptocurrencies like Bitcoin and Ethereum, its applications have long surpassed the realm of digital currency. In this article, we will introduce you to the fundamental concepts of blockchain, analyze the different types of blockchain, and delve into the unique aspects of XT Smart Chain and its native token, XT.
Image Credit: MIT News
What is Blockchain? Analysis of Blockchain Types
Blockchain is a decentralized digital ledger that can record data in a secure, transparent, and tamper-proof manner. Its core technology relies on a network of computers (or nodes) that collaborate to verify and store transaction data, recording it in a chain-structured block format. Each block is tightly linked to the previous one through cryptographic techniques, forming a secure and immutable record chain.
Bitcoin Fluctuates at High Levels, Traders Begin to Hunt for Altcoins
Written by: Andrew Hayward
Translation: Vernacular Blockchain
Last month, Donald Trump successfully won re-election to the White House and promised to implement a more crypto-friendly regulatory policy, which opened the floodgates for the market, leading to soaring cryptocurrency prices.
Bitcoin (BTC) took the lead, reaching a new high last month. However, after being blocked near the $100,000 mark, investor interest began to shift to a series of alternating-performing altcoins.
1. Dogecoin Leads the Meme Coin Race
Dogecoin (DOGE) surged due to its association with Elon Musk and plans to jointly lead an agency called the 'Department of Government Efficiency' (yes, the acronym happens to be DOGE). This original meme coin soared to its highest price in three years in late November and remains close to that level, also boosting the rally of several other well-known meme coins.
Magic Eden Airdrop Launch: How to Claim? Can it Revive the NFT Market?
Original title: (Detailed explanation of Magic Eden (ME) airdrop rules, claiming steps, and future plans)
Original author: CryptoLeo, Odaily Planet Daily
At 3 AM Beijing time on December 5, the Magic Eden Foundation launched the ME token airdrop query page. Previously, Magic Eden released the ME token economics, with a total token supply of 1 billion, of which 12.5% (125 million tokens) will be unlocked immediately and provided to eligible Magic Eden users for airdrop, and an additional 22.5% of the supply (i.e., 225 million ME tokens) will be reserved to incentivize future users of ME Foundation-related protocols and platforms.
Official statement on Mr. Weng Xiaoqi's appointment
Mr. Livio Weng, COO of HashKey Group and CEO of HashKey Exchange, formally submitted his resignation application to the company a few months ago due to personal family reasons. After full communication with Mr. Livio Weng, we have jointly developed a complete transition plan and personnel arrangement plan. Mr. Livio Weng will continue to perform his duties until the end of this year to assist in completing all handover work.
In accordance with relevant requirements, the company has informed the Hong Kong Securities and Futures Commission (SFC) in advance of Mr. Weng Xiaoqi's resignation application and completed the replacement of relevant personnel of the exchange.
Bitcoin Surpasses $100,000! Overview of How Political Figures View the Cryptocurrency Industry
Which countries have pro-cryptocurrency politicians?
Article author: 0x9999in1
Source: MetaEra
At the beginning of the last month of 2024, Bitcoin surged past the $100,000 mark, leading those in the crypto community and players to feel like they are celebrating 'New Year' in advance! As Bitcoin achieves this significant milestone, MetaEra will also briefly summarize the latest views and opinions of various political figures regarding the cryptocurrency industry and cryptocurrencies in 2024.
Former U.S. President Trump: Will make the U.S. the world capital of cryptocurrency
Trump has expressed support for cryptocurrencies on multiple occasions, hoping to make the U.S. a global capital of cryptocurrency and a superpower in Bitcoin. He stated that if re-elected, he would make the U.S. the world capital of cryptocurrency, embracing cryptocurrencies, artificial intelligence, and other 'future industries.' Before his successful campaign, Trump proposed that if re-elected, he would not sell the Bitcoin held by the U.S. government and would hold it as a strategic reserve asset for the long term.
Web3’s mobile operators may be the first to usher in the next generation of communications. Article written by: Shigeru & Satou Source: CGV Research Mobile communications have become an indispensable infrastructure for modern life, but the traditional operator model is facing growth bottlenecks and stagnant innovation. With the development of Web3 technology, decentralized SIM (DeSIM) has emerged as a new mobile virtual network operation model. This article will deeply analyze the development status and future prospects of DeSIM from the following aspects: Discuss the market structure and pain points of the traditional mobile communications industry and analyze the development opportunities of DeSIM
On December 5, 2024, HashKey Group announced a strategic partnership with Nano Labs Ltd (NASDAQ: NA, hereinafter referred to as Nano Labs). According to the agreement, a subsidiary of Nano Labs will open trading accounts on HashKey Exchange and plans to invest in virtual assets to expand its investment portfolio in the digital currency field. The cooperation between the two parties is not limited to digital asset trading, but is also expected to involve in-depth collaboration in several areas such as Web3 technology development and blockchain ecosystem construction, jointly promoting innovation and development in the Web3 industry.
HashKey Exchange, under HashKey Group, as Hong Kong's largest licensed virtual asset trading platform, will provide Nano Labs with secure and professional trading services, ensuring the compliance of its investment activities and offering diverse investment options. This move marks Nano Labs' further expansion in the virtual asset field, having previously announced plans to purchase and hold $50 million worth of Bitcoin. Nano Labs, as a company providing foundry-free integrated circuit (IC) and product solutions, covers high throughput computing (HTC) chips, high-performance computing (HPC) chips, distributed computing and storage solutions, as well as the development of 3D printing businesses.
Terence Pu, Managing Director of HashKey Exchange, stated: "We are very pleased to reach a strategic partnership with Nano Labs. Nano Labs has rich experience in technology research and development and market expansion, along with a broad user base. This cooperation will not only bring higher quality virtual asset trading and investment opportunities to users on both sides but will also accelerate the development of the Web3 industry."
Kong Jianping, Director of Hong Kong Cyberport Management Company and Chairman of Nano Labs, stated: "Against the backdrop of growing market trends, favorable policies, and increasing institutional adoption rates, Bitcoin is playing an increasingly critical role in the digital asset ecosystem. The collaboration with HashKey Exchange will help Nano Labs further expand its virtual asset business, seize the development opportunities in the digital asset field, and create greater value for shareholders."
Nano Labs, a US-listed company, has established a strategic partnership with HashKey Group and will purchase virtual assets on HashKey Exchange
On December 5, 2024, HashKey Group announced a strategic partnership with Nano Labs Ltd (NASDAQ: NA, hereinafter referred to as Nano Labs). According to the agreement, Nano Labs' affiliates will open trading accounts on HashKey Exchange and plan to invest in virtual assets to expand their investment portfolio in the digital currency field. The cooperation between the two parties is not limited to digital asset trading, but is also expected to be carried out in-depth in multiple fields such as Web3 technology development and blockchain ecosystem construction, jointly promoting the innovation and development of the Web3 industry.
HashKey Exchange, the largest licensed virtual asset trading platform in Hong Kong, will provide Nano Labs with secure and professional trading services, ensure the compliance of its investment activities, and provide it with diversified investment options. This move marks Nano Labs' further expansion in the virtual asset field. Previously, the company announced plans to purchase and hold $50 million worth of Bitcoin.
1 Bitcoin = $100,000 This is just the beginning...
Bitcoin price sets another historical high!
Article author, source: Meta Space Interactive Space.
Bitcoin rises above $100,000, up 4% on the day, creating a historical high.
Since the beginning of the year, Bitcoin has accumulated a rise of 138%.
Since November 4, Bitcoin has risen directly from $68,000 to $100,000 in just one month.
Reflecting on the milestone moments of Bitcoin's historical highs.
The first historical milestone created by Bitcoin in 2024 began when the Wall Street army officially entered the market in bulk.
After a decade of tug-of-war with U.S. regulators, on January 11, 11 Bitcoin spot ETFs from traditional asset management giants like BlackRock, Fidelity, Invesco, and Grayscale were approved.