加密无畏
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加密无畏
Square VerifiedReport
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Musk helped CZ debunk a rumor! He never said anything about Binance
Today, in response to a post fabricated by a certain KOL claiming that Elon Musk had criticized Binance for monopolizing the industry and holding it back, CZ directly called it out as false information.
Musk himself then replied to CZ, confirming that he had never posted it and that the content was fabricated.
This was not only the first time recently that Musk had proactively replied to CZ, but he also helped CZ debunk the rumor. This puts to rest much of the speculation that Musk and CZ/Binance are on bad terms.
Perhaps Musk’s earlier comments about the Binance hack were simply neutral reactions from an onlooker, rather than expressions of hostility.
Musk helped CZ debunk a rumor! He never said anything about Binance
Today, in response to a post fabricated by a certain KOL claiming that Elon Musk had criticized Binance for monopolizing the industry and holding it back, CZ directly called it out as false information.
Musk himself then replied to CZ, confirming that he had never posted it and that the content was fabricated.
This was not only the first time recently that Musk had proactively replied to CZ, but he also helped CZ debunk the rumor. This puts to rest much of the speculation that Musk and CZ/Binance are on bad terms.
Perhaps Musk’s earlier comments about the Binance hack were simply neutral reactions from an onlooker, rather than expressions of hostility.
Today, in response to a post fabricated by a certain KOL claiming that Elon Musk had criticized Binance for monopolizing the industry and holding it back, CZ directly called it out as false information.
Musk himself then replied to CZ, confirming that he had never posted it and that the content was fabricated.
This was not only the first time recently that Musk had proactively replied to CZ, but he also helped CZ debunk the rumor. This puts to rest much of the speculation that Musk and CZ/Binance are on bad terms.
Perhaps Musk’s earlier comments about the Binance hack were simply neutral reactions from an onlooker, rather than expressions of hostility.
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Why are your creator earnings on X all so high? So many are over 1,000 U.
Why are your creator earnings on X all so high? So many are over 1,000 U.
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Binance Square could take a cue from X and introduce subscriptions!
From the perspective of Square creators: This would give creators more ways to monetize. Nothing is a more genuine vote of confidence than followers paying to subscribe—putting their money where their mouth is and paying for a creator’s opinions, research, and insider information over the long term.
From the perspective of the Square ecosystem: It would build a deeper moat. At present, Square is still just one of many channels where creators cross-post and compete for reposts. Subscriptions could upgrade it from a distribution channel to a platform built on paid trust.
From a competitive perspective: Every exchange is vying for creators, traders, and trading-signal KOLs. A subscription model would make it easier to retain top creators. In the past, it didn’t matter whether a KOL shared trading signals on Binance, OKX, or Bitget. But if they also had hundreds of paid subscribers on Binance Square, they’d definitely feel differently about the platform.
heyibinance yingbinance
Binance Square could take a cue from X and introduce subscriptions!
From the perspective of Square creators: This would give creators more ways to monetize. Nothing is a more genuine vote of confidence than followers paying to subscribe—putting their money where their mouth is and paying for a creator’s opinions, research, and insider information over the long term.
From the perspective of the Square ecosystem: It would build a deeper moat. At present, Square is still just one of many channels where creators cross-post and compete for reposts. Subscriptions could upgrade it from a distribution channel to a platform built on paid trust.
From a competitive perspective: Every exchange is vying for creators, traders, and trading-signal KOLs. A subscription model would make it easier to retain top creators. In the past, it didn’t matter whether a KOL shared trading signals on Binance, OKX, or Bitget. But if they also had hundreds of paid subscribers on Binance Square, they’d definitely feel differently about the platform.
heyibinance yingbinance
From the perspective of Square creators: This would give creators more ways to monetize. Nothing is a more genuine vote of confidence than followers paying to subscribe—putting their money where their mouth is and paying for a creator’s opinions, research, and insider information over the long term.
From the perspective of the Square ecosystem: It would build a deeper moat. At present, Square is still just one of many channels where creators cross-post and compete for reposts. Subscriptions could upgrade it from a distribution channel to a platform built on paid trust.
From a competitive perspective: Every exchange is vying for creators, traders, and trading-signal KOLs. A subscription model would make it easier to retain top creators. In the past, it didn’t matter whether a KOL shared trading signals on Binance, OKX, or Bitget. But if they also had hundreds of paid subscribers on Binance Square, they’d definitely feel differently about the platform.
heyibinance yingbinance
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Holy crap, the Solana event in Shanghai—those involved will be investigated! This isn't over yet.
Next, the People's Bank of China, together with relevant departments, will investigate the organizations and individuals involved.
All Solana-related business activities within China constitute illegal financial activities, and promoting Solana has violated relevant regulations.
Holy crap, the Solana event in Shanghai—those involved will be investigated! This isn't over yet.
Next, the People's Bank of China, together with relevant departments, will investigate the organizations and individuals involved.
All Solana-related business activities within China constitute illegal financial activities, and promoting Solana has violated relevant regulations.
Next, the People's Bank of China, together with relevant departments, will investigate the organizations and individuals involved.
All Solana-related business activities within China constitute illegal financial activities, and promoting Solana has violated relevant regulations.
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Musk used a meme seemingly depicting CZ to respond to the Dogecoin founder’s discussion about market conditions
The meme CZ replied with: “Deeply hurt”
Musk used a meme seemingly depicting CZ to respond to the Dogecoin founder’s discussion about market conditions
The meme CZ replied with: “Deeply hurt”
The meme CZ replied with: “Deeply hurt”
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In a 2012 speech, Musk said he wanted to go to Mars, establish a base, and colonize the planet. I bet many people in the audience thought he was a fraud.
Even today, 14 years later, it still seems pretty crazy. But humanity needs dreamers and hands-on pioneers like this.
In a 2012 speech, Musk said he wanted to go to Mars, establish a base, and colonize the planet. I bet many people in the audience thought he was a fraud.
Even today, 14 years later, it still seems pretty crazy. But humanity needs dreamers and hands-on pioneers like this.
Even today, 14 years later, it still seems pretty crazy. But humanity needs dreamers and hands-on pioneers like this.
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A-shares have started plunging one after another
A-shares have started plunging one after another
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Walmart, Coca-Cola, McDonald’s... HALO sectors favored by the anti-AI trade are all rising
As AI tech stocks plunge, HALO stocks—all in the “real economy” and difficult for AI to disrupt (Heavy Assets, Low Obsolescence)—are rising
Walmart, Coca-Cola, McDonald’s... HALO sectors favored by the anti-AI trade are all rising
As AI tech stocks plunge, HALO stocks—all in the “real economy” and difficult for AI to disrupt (Heavy Assets, Low Obsolescence)—are rising
As AI tech stocks plunge, HALO stocks—all in the “real economy” and difficult for AI to disrupt (Heavy Assets, Low Obsolescence)—are rising
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Did the Democrats all open short positions in advance, placing insider trades before releasing bad news, or sell everything?
President Trump and the Republicans always open long positions in advance, buying on insider information before releasing good news.
No matter who's in charge, retail investors are the ones footing the bill, right?
Did the Democrats all open short positions in advance, placing insider trades before releasing bad news, or sell everything?
President Trump and the Republicans always open long positions in advance, buying on insider information before releasing good news.
No matter who's in charge, retail investors are the ones footing the bill, right?
President Trump and the Republicans always open long positions in advance, buying on insider information before releasing good news.
No matter who's in charge, retail investors are the ones footing the bill, right?
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Surely the A-shares won't fall along with them tomorrow too, right? 😭
Surely the A-shares won't fall along with them tomorrow too, right? 😭
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Binance has also issued an announcement. The third-party platform SignalPlus reported a potential security issue, and Binance has proactively removed all API keys associated with SignalPlus.
It is not yet known what the situation is with this potential security issue at SignalPlus.
Binance has also issued an announcement. The third-party platform SignalPlus reported a potential security issue, and Binance has proactively removed all API keys associated with SignalPlus.
It is not yet known what the situation is with this potential security issue at SignalPlus.
It is not yet known what the situation is with this potential security issue at SignalPlus.
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Another exchange may have been hacked!
The cryptocurrency options and derivatives exchange SignalPlus is suspected of having been hacked. Some exchanges have emailed customers saying that API keys have been removed from user accounts associated with SignalPlus.
SignalPlus is a trading terminal that aggregates liquidity from multiple exchanges and has held trading competitions with several cryptocurrency exchanges.
Another exchange may have been hacked!
The cryptocurrency options and derivatives exchange SignalPlus is suspected of having been hacked. Some exchanges have emailed customers saying that API keys have been removed from user accounts associated with SignalPlus.
SignalPlus is a trading terminal that aggregates liquidity from multiple exchanges and has held trading competitions with several cryptocurrency exchanges.
The cryptocurrency options and derivatives exchange SignalPlus is suspected of having been hacked. Some exchanges have emailed customers saying that API keys have been removed from user accounts associated with SignalPlus.
SignalPlus is a trading terminal that aggregates liquidity from multiple exchanges and has held trading competitions with several cryptocurrency exchanges.
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It’s hard to imagine, but one day, withdrawals from crypto exchanges—especially large withdrawals—may require advance booking, just like at a bank. Hackers are forcing exchanges to take these measures.
South Korean regulators are reportedly considering raising the mandatory proportion of exchange assets held in cold wallets from 80% to around 99%. That could reduce the absolute amount of losses in the event of a hack.
For example, in the Binance incident, $6.3 billion was stolen from hot wallets—about 4.6% of Binance’s total on-chain reserves of roughly $135.8 billion. If the proportion held in cold wallets had been above 99%, the maximum loss would have been $1.358 billion.
However, increasing the proportion held in cold wallets would come at the cost of withdrawal speed and liquidity, especially for large withdrawals and withdrawals of altcoins.
It’s hard to imagine, but one day, withdrawals from crypto exchanges—especially large withdrawals—may require advance booking, just like at a bank. Hackers are forcing exchanges to take these measures.
South Korean regulators are reportedly considering raising the mandatory proportion of exchange assets held in cold wallets from 80% to around 99%. That could reduce the absolute amount of losses in the event of a hack.
For example, in the Binance incident, $6.3 billion was stolen from hot wallets—about 4.6% of Binance’s total on-chain reserves of roughly $135.8 billion. If the proportion held in cold wallets had been above 99%, the maximum loss would have been $1.358 billion.
However, increasing the proportion held in cold wallets would come at the cost of withdrawal speed and liquidity, especially for large withdrawals and withdrawals of altcoins.
South Korean regulators are reportedly considering raising the mandatory proportion of exchange assets held in cold wallets from 80% to around 99%. That could reduce the absolute amount of losses in the event of a hack.
For example, in the Binance incident, $6.3 billion was stolen from hot wallets—about 4.6% of Binance’s total on-chain reserves of roughly $135.8 billion. If the proportion held in cold wallets had been above 99%, the maximum loss would have been $1.358 billion.
However, increasing the proportion held in cold wallets would come at the cost of withdrawal speed and liquidity, especially for large withdrawals and withdrawals of altcoins.
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A pessimistic thought: The development of the Chinese crypto scene over the past few years has been like a history of the crypto Southern Ming.
A pessimistic thought: The development of the Chinese crypto scene over the past few years has been like a history of the crypto Southern Ming.
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The hacker who stole 120,000 BTC from Bitfinex back in the day was caught in 2023 and sentenced to five years, but got out three years early this year. Now he’s working as a white-hat hacker. I guess the sentence was based on its value in 2016, around $66 million.
Still, this is the best advertisement for a career in hacking. There’s a saying in China that any line of business carrying a sentence of less than five years is so crowded there’s no profit left in it.
The hacker who stole 120,000 BTC from Bitfinex back in the day was caught in 2023 and sentenced to five years, but got out three years early this year. Now he’s working as a white-hat hacker. I guess the sentence was based on its value in 2016, around $66 million.
Still, this is the best advertisement for a career in hacking. There’s a saying in China that any line of business carrying a sentence of less than five years is so crowded there’s no profit left in it.
Still, this is the best advertisement for a career in hacking. There’s a saying in China that any line of business carrying a sentence of less than five years is so crowded there’s no profit left in it.
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After the Binance hack, Star published a total of 12 posts.
2 called out CZ and questioned whether he was lying.
3 made fun of Binance (fake interviews, an amateurish operation, and an insider).
5 touted OKX’s own security image (debunking rumors, saying it was still safe and hadn’t been hacked, and posting Chinese-English comics).
Only 2 called on the industry to share responsibility and get through the crisis. They were more conciliatory wake-up calls, neither boasting much nor mocking anyone. At one point, the community interpreted just these two posts as a sign that OKX and Binance were going to reconcile.
After the Binance hack, Star published a total of 12 posts.
2 called out CZ and questioned whether he was lying.
3 made fun of Binance (fake interviews, an amateurish operation, and an insider).
5 touted OKX’s own security image (debunking rumors, saying it was still safe and hadn’t been hacked, and posting Chinese-English comics).
Only 2 called on the industry to share responsibility and get through the crisis. They were more conciliatory wake-up calls, neither boasting much nor mocking anyone. At one point, the community interpreted just these two posts as a sign that OKX and Binance were going to reconcile.
2 called out CZ and questioned whether he was lying.
3 made fun of Binance (fake interviews, an amateurish operation, and an insider).
5 touted OKX’s own security image (debunking rumors, saying it was still safe and hadn’t been hacked, and posting Chinese-English comics).
Only 2 called on the industry to share responsibility and get through the crisis. They were more conciliatory wake-up calls, neither boasting much nor mocking anyone. At one point, the community interpreted just these two posts as a sign that OKX and Binance were going to reconcile.
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Sharing one of my Predict accounts. I burned over 6,000 U in fees and only traded one market, with a trading volume of about 4.77 million.
I got around 360,000 points, at a cost of $0.017 per point. Purely burning fees to earn points. Since I started farming pretty early, this account has the lowest cost; the others are all over $0.03 per point, and the most expensive points cost over $0.20 each.
Predict
Sharing one of my Predict accounts. I burned over 6,000 U in fees and only traded one market, with a trading volume of about 4.77 million.
I got around 360,000 points, at a cost of $0.017 per point. Purely burning fees to earn points. Since I started farming pretty early, this account has the lowest cost; the others are all over $0.03 per point, and the most expensive points cost over $0.20 each.
Predict
I got around 360,000 points, at a cost of $0.017 per point. Purely burning fees to earn points. Since I started farming pretty early, this account has the lowest cost; the others are all over $0.03 per point, and the most expensive points cost over $0.20 each.
Predict
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The world has entered an era of asymmetric warfare, both in the physical world and the cyber world.
A drone costing a few hundred dollars takes a missile costing a few million dollars to defend against—and can also destroy fighter jets, warships, oil refineries, warehouses, and more, each worth hundreds of millions of dollars.....
The North Korean hacking incident once again confirms that AI will intensify the threat of “asymmetric warfare.” Any employee or individual can use AI to gain an almost cheat-code level of destructive power. In the age of AI, the fury of an ordinary person could be even more terrifying.
The world has entered an era of asymmetric warfare, both in the physical world and the cyber world.
A drone costing a few hundred dollars takes a missile costing a few million dollars to defend against—and can also destroy fighter jets, warships, oil refineries, warehouses, and more, each worth hundreds of millions of dollars.....
The North Korean hacking incident once again confirms that AI will intensify the threat of “asymmetric warfare.” Any employee or individual can use AI to gain an almost cheat-code level of destructive power. In the age of AI, the fury of an ordinary person could be even more terrifying.
A drone costing a few hundred dollars takes a missile costing a few million dollars to defend against—and can also destroy fighter jets, warships, oil refineries, warehouses, and more, each worth hundreds of millions of dollars.....
The North Korean hacking incident once again confirms that AI will intensify the threat of “asymmetric warfare.” Any employee or individual can use AI to gain an almost cheat-code level of destructive power. In the age of AI, the fury of an ordinary person could be even more terrifying.
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Seven years ago, when I joined Huobi, the first thing we were told in security training for new hires at the exchange was:
Any software you download onto your company-issued computer should be assumed to be a virus by default! Any software!
I was curious, so I asked, “Does that include WeChat and office software like Microsoft Office that I download onto my computer? What if I need to download them for work?”
The security colleague said, “Yes. In principle, you’re not allowed to install any software yourself on your work computer, including WeChat and office software. And in theory, these programs really could collect and leak your work data.
If you really need them for work, you can only download them from the official app store. It’s best to ask a colleague from the security team to check them before you install or download them.”
Seven years ago, when I joined Huobi, the first thing we were told in security training for new hires at the exchange was:
Any software you download onto your company-issued computer should be assumed to be a virus by default! Any software!
I was curious, so I asked, “Does that include WeChat and office software like Microsoft Office that I download onto my computer? What if I need to download them for work?”
The security colleague said, “Yes. In principle, you’re not allowed to install any software yourself on your work computer, including WeChat and office software. And in theory, these programs really could collect and leak your work data.
If you really need them for work, you can only download them from the official app store. It’s best to ask a colleague from the security team to check them before you install or download them.”
Any software you download onto your company-issued computer should be assumed to be a virus by default! Any software!
I was curious, so I asked, “Does that include WeChat and office software like Microsoft Office that I download onto my computer? What if I need to download them for work?”
The security colleague said, “Yes. In principle, you’re not allowed to install any software yourself on your work computer, including WeChat and office software. And in theory, these programs really could collect and leak your work data.
If you really need them for work, you can only download them from the official app store. It’s best to ask a colleague from the security team to check them before you install or download them.”
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CZ is about to give a talk at the “Binance Life” book club in Oxford, UK.
This is the second “Binance Life” book club event, following the one in Hong Kong. It’s also CZ’s first in-person public appearance since Binance was hacked, so he’ll probably share lots of details about the incident.
Thanks to the “Binance Life” book club for the invitation. The events have made it all the way to Europe—I’d really love to visit Oxford. I’m setting a little goal for myself: hopefully I can fly over and attend the third “Binance Life” book club in person.
CZ is about to give a talk at the “Binance Life” book club in Oxford, UK.
This is the second “Binance Life” book club event, following the one in Hong Kong. It’s also CZ’s first in-person public appearance since Binance was hacked, so he’ll probably share lots of details about the incident.
Thanks to the “Binance Life” book club for the invitation. The events have made it all the way to Europe—I’d really love to visit Oxford. I’m setting a little goal for myself: hopefully I can fly over and attend the third “Binance Life” book club in person.
This is the second “Binance Life” book club event, following the one in Hong Kong. It’s also CZ’s first in-person public appearance since Binance was hacked, so he’ll probably share lots of details about the incident.
Thanks to the “Binance Life” book club for the invitation. The events have made it all the way to Europe—I’d really love to visit Oxford. I’m setting a little goal for myself: hopefully I can fly over and attend the third “Binance Life” book club in person.
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BinanceReopensWithdrawalsForHYPE&APT
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#BinanceReopensWithdrawalsForHYPE&APT
🚨🔥 BINANCE WITHDRAWALS ARE BACK! HYPE & APT GET THE GREEN LIGHT 🟢💰
After days of uncertainty, Binance has reportedly reopened withdrawals for HYPE 🟣 and APT 🔵, giving holders a much needed reason to breathe again. 😮💨😂
The situation followed Binance’s security related restrictions that temporarily affected withdrawals for several assets. Naturally, crypto Twitter reacted like someone had unplugged the internet. 📉😱📱
But now, HYPE and APT are back in the withdrawal zone. 🚀🏦
For HYPE holders, this is especially significant. Hyperliquid has become one of the most closely watched decentralized trading ecosystems, so restored withdrawal access removes a major layer of uncertainty. 🧠⚡
APT holders also get some relief as Aptos withdrawals resume. The bigger picture, however, is more interesting. Binance appears to be taking a gradual approach to restoring affected assets rather than simply flipping every withdrawal switch at once. 🔐🛡️
That may be frustrating for traders, but from a security perspective, slow and careful is probably better than fast and reckless. Nobody wants Binance saying, “Good news, withdrawals are back!” only to discover the hackers are also celebrating. 😂💀
The lesson here is simple: exchange liquidity is convenient, but custody comes with counterparty risk. 🏦⚠️ Your coins may be yours in theory, but while they sit on an exchange, access ultimately depends on the exchange’s systems and policies.
HYPE and APT getting the green light is encouraging. 🟢🚀
Now everyone is watching the remaining assets and asking the billion dollar question:
WHO’S NEXT? 👀💰🔥
Crypto never sleeps… apparently neither does Binance’s IT department. 😂🤖
$HYPE $APT
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