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Did Milla Jovovich create a 'perfect project' with AI? Developer tests: Is it truly substantial or exaggerated hype?Milla Jovovich creates an AI memory palace, attracting external attention. Yesterday (4/7), there was big news in the AI circle that Hollywood actress Milla Jovovich, known for (Resident Evil) and (The Fifth Element), developed the open-source AI memory system 'MemPalace' with developer Ben Sigman using Claude Code. In no time, the saying 'Hollywood superstar crosses over to create a perfect project' spread widely, and MemPalace has received over 20,000 stars on GitHub to date, but it quickly raised questions in the developer community: Is it really substantial or just hype?

Did Milla Jovovich create a 'perfect project' with AI? Developer tests: Is it truly substantial or exaggerated hype?

Milla Jovovich creates an AI memory palace, attracting external attention.

Yesterday (4/7), there was big news in the AI circle that Hollywood actress Milla Jovovich, known for (Resident Evil) and (The Fifth Element), developed the open-source AI memory system 'MemPalace' with developer Ben Sigman using Claude Code.

In no time, the saying 'Hollywood superstar crosses over to create a perfect project' spread widely, and MemPalace has received over 20,000 stars on GitHub to date, but it quickly raised questions in the developer community: Is it really substantial or just hype?
Bithumb mistakenly issued 620,000 bitcoins: South Korea implements 5-minute asset reconciliation new rule, exchange internal control upgradedMistakenly issued 620,000 BTC incident triggers urgent regulatory inspection South Korean cryptocurrency exchange Bithumb mistakenly issued approximately 620,000 bitcoins ($BTC) during a promotional event, causing market turbulence and prompting regulatory bodies to fully intervene in the investigation. The incident involved 249 users, and although the platform successfully recovered about 99.7% of the assets that day, approximately 1,788 bitcoins were sold, ultimately supplemented by the company's own funds. The South Korean Financial Services Commission (FSC) subsequently convened an emergency meeting with major exchanges and the Digital Asset Exchange Alliance (DAXA), launching a comprehensive inspection of the incident to clarify potential loopholes in the internal controls and asset management processes of the exchange.

Bithumb mistakenly issued 620,000 bitcoins: South Korea implements 5-minute asset reconciliation new rule, exchange internal control upgraded

Mistakenly issued 620,000 BTC incident triggers urgent regulatory inspection

South Korean cryptocurrency exchange Bithumb mistakenly issued approximately 620,000 bitcoins ($BTC) during a promotional event, causing market turbulence and prompting regulatory bodies to fully intervene in the investigation. The incident involved 249 users, and although the platform successfully recovered about 99.7% of the assets that day, approximately 1,788 bitcoins were sold, ultimately supplemented by the company's own funds.

The South Korean Financial Services Commission (FSC) subsequently convened an emergency meeting with major exchanges and the Digital Asset Exchange Alliance (DAXA), launching a comprehensive inspection of the incident to clarify potential loopholes in the internal controls and asset management processes of the exchange.
Article
Meta doubles down on AI: Zuckerberg writes code with Claude, employees start a token consumption battle to boost KPIMeta doubles down on AI: Zuckerberg is using Claude Code to write code The tech giant Meta, which owns social platforms like Facebook, Instagram, and Threads, is currently investing all company resources into the field of generative AI. Meta CEO Mark Zuckerberg has started personally using the AI coding tool Claude Code to write code, breaking his record of not participating in direct development for many years. Foreign media also revealed that there has recently been a competition within Meta to consume tokens, with many engineers boosting their personal performance indicators (KPI) by consuming large amounts of tokens.

Meta doubles down on AI: Zuckerberg writes code with Claude, employees start a token consumption battle to boost KPI

Meta doubles down on AI: Zuckerberg is using Claude Code to write code

The tech giant Meta, which owns social platforms like Facebook, Instagram, and Threads, is currently investing all company resources into the field of generative AI.

Meta CEO Mark Zuckerberg has started personally using the AI coding tool Claude Code to write code, breaking his record of not participating in direct development for many years.

Foreign media also revealed that there has recently been a competition within Meta to consume tokens, with many engineers boosting their personal performance indicators (KPI) by consuming large amounts of tokens.
SEC Cryptocurrency Safe Harbor Proposal Submitted for Review! Eligible cryptocurrency projects can be launched without registration.Paul Atkins, the chairman of the U.S. Securities and Exchange Commission (SEC), confirmed that the highly anticipated 'Safe Harbor' framework proposal, which allows projects to be exempt from registration in the early stages, has now been submitted for review by the White House. Paul Atkins revealed on Monday at the digital asset summit co-hosted by Vanderbilt University and the Blockchain Association that this proposal, which debuted last month, has now entered the final review process within the White House executive system, undergoing final checks and audits by the Office of Information and Regulatory Affairs (OIRA) under the Office of Management and Budget (OMB).

SEC Cryptocurrency Safe Harbor Proposal Submitted for Review! Eligible cryptocurrency projects can be launched without registration.

Paul Atkins, the chairman of the U.S. Securities and Exchange Commission (SEC), confirmed that the highly anticipated 'Safe Harbor' framework proposal, which allows projects to be exempt from registration in the early stages, has now been submitted for review by the White House.

Paul Atkins revealed on Monday at the digital asset summit co-hosted by Vanderbilt University and the Blockchain Association that this proposal, which debuted last month, has now entered the final review process within the White House executive system, undergoing final checks and audits by the Office of Information and Regulatory Affairs (OIRA) under the Office of Management and Budget (OMB).
Article
Cryptocurrency wallet Phantom crashes! Price chaos during airdrop triggers user claimsUnexpected failure during the airdrop period, abnormal price and balance displays The popular Solana wallet Phantom experienced an unexpected service interruption on Monday evening, leading to abnormal price displays and account balances for multiple tokens on the platform. This failure occurred during a popular airdrop event, significantly increasing transaction demand and causing the issue to escalate quickly. The officials stated that this anomaly mainly affected front-end data updates, preventing users from viewing the correct asset values in real-time, and even causing price crashes or zero asset displays. Although Phantom emphasized that "user asset safety was not affected," the erroneous information has substantially disrupted market behavior.

Cryptocurrency wallet Phantom crashes! Price chaos during airdrop triggers user claims

Unexpected failure during the airdrop period, abnormal price and balance displays

The popular Solana wallet Phantom experienced an unexpected service interruption on Monday evening, leading to abnormal price displays and account balances for multiple tokens on the platform. This failure occurred during a popular airdrop event, significantly increasing transaction demand and causing the issue to escalate quickly.

The officials stated that this anomaly mainly affected front-end data updates, preventing users from viewing the correct asset values in real-time, and even causing price crashes or zero asset displays. Although Phantom emphasized that "user asset safety was not affected," the erroneous information has substantially disrupted market behavior.
New FDIC Regulations in the U.S.! Strict requirements for stablecoin reserves, no $250,000 deposit insurance per personFederal regulatory framework takes shape, FDIC advances GENIUS Act details The Federal Deposit Insurance Corporation (FDIC) passed a new regulatory proposal yesterday (4/7) that establishes the first comprehensive prudent regulatory framework for the issuance and management of stablecoins by banks and their affiliates under its supervision. This initiative aims to implement the (GENIUS Act) signed into law by the Trump administration last year, marking a significant step for the U.S. federal government in regulating dollar-pegged digital assets. According to the proposal, the FDIC will define "Permitted Payment Stablecoin Issuers (PPSIs)," which are expected to operate as affiliates of the FDIC regulatory agency and must adhere to strict capital, reserve, and risk management standards.

New FDIC Regulations in the U.S.! Strict requirements for stablecoin reserves, no $250,000 deposit insurance per person

Federal regulatory framework takes shape, FDIC advances GENIUS Act details

The Federal Deposit Insurance Corporation (FDIC) passed a new regulatory proposal yesterday (4/7) that establishes the first comprehensive prudent regulatory framework for the issuance and management of stablecoins by banks and their affiliates under its supervision. This initiative aims to implement the (GENIUS Act) signed into law by the Trump administration last year, marking a significant step for the U.S. federal government in regulating dollar-pegged digital assets.

According to the proposal, the FDIC will define "Permitted Payment Stablecoin Issuers (PPSIs)," which are expected to operate as affiliates of the FDIC regulatory agency and must adhere to strict capital, reserve, and risk management standards.
The first for Wall Street banks! Morgan Stanley's Bitcoin ETF is about to be listed, low fee rate showdown with BlackRockMorgan Stanley enters the Bitcoin ETF, the first for Wall Street banks American investment bank Morgan Stanley is about to launch its first Bitcoin spot ETF "MSBT," expected to officially list on NYSE Arca on April 8, becoming the first large banking institution to issue a Bitcoin ETF. Market analysis indicates that this move symbolizes the further integration of crypto assets into mainstream investment products by traditional financial institutions. This ETF operates under a trust structure, tracking price performance through holding Bitcoin assets, allowing investors to participate in the market without directly purchasing or storing cryptocurrencies.

The first for Wall Street banks! Morgan Stanley's Bitcoin ETF is about to be listed, low fee rate showdown with BlackRock

Morgan Stanley enters the Bitcoin ETF, the first for Wall Street banks

American investment bank Morgan Stanley is about to launch its first Bitcoin spot ETF "MSBT," expected to officially list on NYSE Arca on April 8, becoming the first large banking institution to issue a Bitcoin ETF.

Market analysis indicates that this move symbolizes the further integration of crypto assets into mainstream investment products by traditional financial institutions. This ETF operates under a trust structure, tracking price performance through holding Bitcoin assets, allowing investors to participate in the market without directly purchasing or storing cryptocurrencies.
Article
CZ's new book "Binance Life" reveals the inside story of the FTX bankruptcy: never seriously considered acquisition, signing a letter of intent was just a formalityCZ's new book reveals the ins and outs of the FTX collapse and acquisition Binance founder Zhao Changpeng (CZ)'s new book (Binance Life: Memoirs of Luck, Resilience, and Protecting Users) (Freedom of Money) has officially been published, revealing many behind-the-scenes details of the 2022 FTX bankruptcy event for the first time. According to a report by (CoinDesk), Zhao Changpeng stated in his book that at the time, FTX founder Sam Bankman-Fried (SBF) asked him for billions of dollars over the phone, as if he were asking for a Bologna sandwich, with a very nonchalant attitude. He revealed: "I have no interest in owning FTX, nor do I have much interest in helping SBF. But to protect users and the industry, we may have to intervene. I made it clear that we will make no commitments. Our team will assess the relevant data before making a decision."

CZ's new book "Binance Life" reveals the inside story of the FTX bankruptcy: never seriously considered acquisition, signing a letter of intent was just a formality

CZ's new book reveals the ins and outs of the FTX collapse and acquisition

Binance founder Zhao Changpeng (CZ)'s new book (Binance Life: Memoirs of Luck, Resilience, and Protecting Users) (Freedom of Money) has officially been published, revealing many behind-the-scenes details of the 2022 FTX bankruptcy event for the first time.

According to a report by (CoinDesk), Zhao Changpeng stated in his book that at the time, FTX founder Sam Bankman-Fried (SBF) asked him for billions of dollars over the phone, as if he were asking for a Bologna sandwich, with a very nonchalant attitude.

He revealed: "I have no interest in owning FTX, nor do I have much interest in helping SBF. But to protect users and the industry, we may have to intervene. I made it clear that we will make no commitments. Our team will assess the relevant data before making a decision."
Article
NASA's first view of the far side of the Moon! Live broadcast said: What does Amaze Amaze Amaze mean?NASA's lunar mission first sees the far side of the Moon, achieving multiple milestones Yesterday was a significant moment in human space history! NASA's Artemis II mission has completed a 7-hour lunar observation period, allowing astronauts to witness for the first time areas of the Moon that humans have never seen before. During the mission, astronauts observed and documented craters, ancient lava flows, and surface fractures, while also witnessing the phenomena of Earth setting and rising, as well as a rare solar eclipse in space, even recording 6 impacts of meteoroids striking the dark side of the Moon.

NASA's first view of the far side of the Moon! Live broadcast said: What does Amaze Amaze Amaze mean?

NASA's lunar mission first sees the far side of the Moon, achieving multiple milestones

Yesterday was a significant moment in human space history! NASA's Artemis II mission has completed a 7-hour lunar observation period, allowing astronauts to witness for the first time areas of the Moon that humans have never seen before.

During the mission, astronauts observed and documented craters, ancient lava flows, and surface fractures, while also witnessing the phenomena of Earth setting and rising, as well as a rare solar eclipse in space, even recording 6 impacts of meteoroids striking the dark side of the Moon.
Allegedly Related to Prince Group? The East Timor Crypto Resort Project is Progressing, Yet the Construction Site is Empty(The Guardian) In a four-month joint investigation with the Organized Crime and Corruption Reporting Project (OCCRP), it was revealed that in one of the world's poorest countries, East Timor, a development project claiming to be the 'world's first cryptocurrency resort' is allegedly connected to the Prince Group fraud network, which is under U.S. sanctions. In February of this year, investigative journalists visited the construction site next to Dili Airport, but only saw overgrown empty land. The gap between promotion and reality: Luxury crypto resort reduced to empty land The promotional materials for AB Digital Technology Resort tout lavish villas, ocean views, and a 'global tech elite exchange venue' as selling points, claiming that part of the profits will be used for charity. However, when reporters visited the coastal construction site depicted in the promotional photos, they found the fenced-off land to be empty, with only scattered shrubs.

Allegedly Related to Prince Group? The East Timor Crypto Resort Project is Progressing, Yet the Construction Site is Empty

(The Guardian) In a four-month joint investigation with the Organized Crime and Corruption Reporting Project (OCCRP), it was revealed that in one of the world's poorest countries, East Timor, a development project claiming to be the 'world's first cryptocurrency resort' is allegedly connected to the Prince Group fraud network, which is under U.S. sanctions. In February of this year, investigative journalists visited the construction site next to Dili Airport, but only saw overgrown empty land.

The gap between promotion and reality: Luxury crypto resort reduced to empty land

The promotional materials for AB Digital Technology Resort tout lavish villas, ocean views, and a 'global tech elite exchange venue' as selling points, claiming that part of the profits will be used for charity. However, when reporters visited the coastal construction site depicted in the promotional photos, they found the fenced-off land to be empty, with only scattered shrubs.
Article
US-Iran War Ceasefire for 2 Weeks! Bitcoin Soars to 72,000, TSMC Rises Sharply, but Caution is Still AdvisedPakistan's mediation has been effective, resulting in a two-week ceasefire agreement between the US and Iran At a critical moment of heightened geopolitical tension worldwide, a sudden diplomatic breakthrough has injected a shot of adrenaline into the strained markets. Pakistani Prime Minister Shehbaz Sharif urgently proposed a two-week bilateral ceasefire between the United States and Iran just hours before the 8 PM deadline set by President Donald Trump. Sharif called on the warring parties to exercise restraint through social media platform X, allowing room for diplomatic negotiations to achieve long-term peace and stability in the region. He revealed that efforts to resolve the conflict peacefully are steadily progressing and have the potential to yield substantial results in the near future.

US-Iran War Ceasefire for 2 Weeks! Bitcoin Soars to 72,000, TSMC Rises Sharply, but Caution is Still Advised

Pakistan's mediation has been effective, resulting in a two-week ceasefire agreement between the US and Iran

At a critical moment of heightened geopolitical tension worldwide, a sudden diplomatic breakthrough has injected a shot of adrenaline into the strained markets. Pakistani Prime Minister Shehbaz Sharif urgently proposed a two-week bilateral ceasefire between the United States and Iran just hours before the 8 PM deadline set by President Donald Trump. Sharif called on the warring parties to exercise restraint through social media platform X, allowing room for diplomatic negotiations to achieve long-term peace and stability in the region. He revealed that efforts to resolve the conflict peacefully are steadily progressing and have the potential to yield substantial results in the near future.
New 6-week High! Bitcoin ETF Raises $470 Million, Analysts: Breakout Market is BrewingThe U.S. Bitcoin spot ETF demonstrated remarkable capital-raising ability again on Monday, with a net inflow scale reaching the highest record in the past 6 weeks, indicating a strong return of institutional investor confidence. Analysts pointed out that if structural buying continues to flow back, it is expected to help Bitcoin break through the consolidation range, but this wave of price increase may be restrained by overall economic uncertainties. According to SoSoValue statistics, on Monday, 6 Bitcoin spot ETFs recorded net capital inflows, totaling $471.3 million. Among them, BlackRock's IBIT performed the best, raising $181.9 million in a single day; Fidelity's FBTC followed closely with $147.3 million; the ARKB jointly launched by ARK Invest and 21Shares also received a net inflow of $118.7 million, while Grayscale, Bitwise, and VanEck's Bitcoin ETFs also showed positive inflows.

New 6-week High! Bitcoin ETF Raises $470 Million, Analysts: Breakout Market is Brewing

The U.S. Bitcoin spot ETF demonstrated remarkable capital-raising ability again on Monday, with a net inflow scale reaching the highest record in the past 6 weeks, indicating a strong return of institutional investor confidence. Analysts pointed out that if structural buying continues to flow back, it is expected to help Bitcoin break through the consolidation range, but this wave of price increase may be restrained by overall economic uncertainties.

According to SoSoValue statistics, on Monday, 6 Bitcoin spot ETFs recorded net capital inflows, totaling $471.3 million. Among them, BlackRock's IBIT performed the best, raising $181.9 million in a single day; Fidelity's FBTC followed closely with $147.3 million; the ARKB jointly launched by ARK Invest and 21Shares also received a net inflow of $118.7 million, while Grayscale, Bitwise, and VanEck's Bitcoin ETFs also showed positive inflows.
Traditional financial giants are also tempted! JPMorgan Chase CEO: Considering entering the prediction marketWall Street's top investment bank JPMorgan Chase CEO Jamie Dimon stated that the bank is considering entering the "prediction market." This statement not only injects confidence into the market but also highlights that traditional large financial institutions are turning their attention to the recently explosive growth in the emerging field, which is favored by the cryptocurrency community. Jamie Dimon stated during an interview with (CBS) on Tuesday, "Maybe someday in the future, we might launch similar products," but he also emphasized that JPMorgan Chase will not provide prediction markets related to sports events or political events. He said:

Traditional financial giants are also tempted! JPMorgan Chase CEO: Considering entering the prediction market

Wall Street's top investment bank JPMorgan Chase CEO Jamie Dimon stated that the bank is considering entering the "prediction market." This statement not only injects confidence into the market but also highlights that traditional large financial institutions are turning their attention to the recently explosive growth in the emerging field, which is favored by the cryptocurrency community.

Jamie Dimon stated during an interview with (CBS) on Tuesday, "Maybe someday in the future, we might launch similar products," but he also emphasized that JPMorgan Chase will not provide prediction markets related to sports events or political events. He said:
Article
G.E.M.'s concert in Taiwan is happening this week! At 26 years old, she invested in an AI company and multiplied her investment tenfold, with her worth estimated at 5.8 billion.G.E.M.'s concert in Taiwan will take place, and the media reveals her worth is estimated at 5.8 billion. Hong Kong's renowned singer-songwriter G.E.M.'s world tour concert is arriving in Taiwan, scheduled to take place from April 9 to 12 at the Taipei Arena, and recently the media has once again focused on her worth and investment situation. Hong Kong media previously estimated that G.E.M.'s worth is currently estimated to reach 1.256 billion RMB, approximately 5.814 billion NTD, with assets covering music copyrights, concert revenue, as well as real estate and technology industry investments. The official Grammy Awards in the United States has pointed out that G.E.M.'s concert tour revenue has exceeded 424 million USD, surpassing international superstars like Madonna.

G.E.M.'s concert in Taiwan is happening this week! At 26 years old, she invested in an AI company and multiplied her investment tenfold, with her worth estimated at 5.8 billion.

G.E.M.'s concert in Taiwan will take place, and the media reveals her worth is estimated at 5.8 billion.

Hong Kong's renowned singer-songwriter G.E.M.'s world tour concert is arriving in Taiwan, scheduled to take place from April 9 to 12 at the Taipei Arena, and recently the media has once again focused on her worth and investment situation.

Hong Kong media previously estimated that G.E.M.'s worth is currently estimated to reach 1.256 billion RMB, approximately 5.814 billion NTD, with assets covering music copyrights, concert revenue, as well as real estate and technology industry investments.

The official Grammy Awards in the United States has pointed out that G.E.M.'s concert tour revenue has exceeded 424 million USD, surpassing international superstars like Madonna.
Article
The AI era needs new policies! OpenAI proposes 4 major initiatives: three-day weekends, robot taxOpenAI has released AI policy proposals to reshape new systems of wealth and work As governments around the world strive to address the economic impacts of AI, OpenAI has released a set of policy proposals outlining how to reshape wealth and work in the advent of the 'AI intelligent era'. OpenAI's proposal is essentially a wish list and a public statement to help elected officials, investors, and the public understand how this company, valued at $852 billion, views the changes brought by artificial intelligence to the workforce and the economy. OpenAI's four major policy initiatives In response to the economic transformation of the smart era, OpenAI has the following four major initiatives:

The AI era needs new policies! OpenAI proposes 4 major initiatives: three-day weekends, robot tax

OpenAI has released AI policy proposals to reshape new systems of wealth and work

As governments around the world strive to address the economic impacts of AI, OpenAI has released a set of policy proposals outlining how to reshape wealth and work in the advent of the 'AI intelligent era'.

OpenAI's proposal is essentially a wish list and a public statement to help elected officials, investors, and the public understand how this company, valued at $852 billion, views the changes brought by artificial intelligence to the workforce and the economy.

OpenAI's four major policy initiatives

In response to the economic transformation of the smart era, OpenAI has the following four major initiatives:
Article
Polymarket launches native stablecoin! Trading volume and valuation soar, locked amount has exceeded 400 million dollarsThe core engine has been completely overhauled, CTF Exchange V2 improves trading efficiency The world-leading decentralized prediction market platform Polymarket announced yesterday (4/6) that it will implement the largest technical infrastructure upgrade since its inception in the next 2 to 3 weeks. The core of this upgrade is the introduction of a new type of smart contract and trading engine called 'CTF Exchange V2', aimed at providing users with faster execution speeds, lower gas fees, and a more robust development foundation. The official development team pointed out that this transformation optimizes the technical architecture while making deep adjustments to meet the growing trading demands of the market.

Polymarket launches native stablecoin! Trading volume and valuation soar, locked amount has exceeded 400 million dollars

The core engine has been completely overhauled, CTF Exchange V2 improves trading efficiency

The world-leading decentralized prediction market platform Polymarket announced yesterday (4/6) that it will implement the largest technical infrastructure upgrade since its inception in the next 2 to 3 weeks. The core of this upgrade is the introduction of a new type of smart contract and trading engine called 'CTF Exchange V2', aimed at providing users with faster execution speeds, lower gas fees, and a more robust development foundation.

The official development team pointed out that this transformation optimizes the technical architecture while making deep adjustments to meet the growing trading demands of the market.
Instant settlement is a double-edged sword! IMF: Tokenization may become an accelerator of crises, and central banks may not be able to intervene in time.As Wall Street eagerly embraces blockchain technology, hoping to realize a financial utopia of '24/7 trading' and 'instant settlement,' the International Monetary Fund (IMF) has thrown cold water on the expectations. The IMF issued a warning in a report last week that while tokenized finance can reduce costs and eliminate settlement delays, the removal of the traditional financial system's 'buffer mechanisms' could lead to a market crash so rapid during a crisis that central banks may not be able to respond in time. 'Instant settlement' is a double-edged sword This report written by IMF financial advisor Tobias Adrian is viewed as the most detailed policy assessment of tokenized systemic risks to date. He points out that tokenization is not merely an 'efficiency improvement,' but a structural change in the entire 'financial architecture.'

Instant settlement is a double-edged sword! IMF: Tokenization may become an accelerator of crises, and central banks may not be able to intervene in time.

As Wall Street eagerly embraces blockchain technology, hoping to realize a financial utopia of '24/7 trading' and 'instant settlement,' the International Monetary Fund (IMF) has thrown cold water on the expectations. The IMF issued a warning in a report last week that while tokenized finance can reduce costs and eliminate settlement delays, the removal of the traditional financial system's 'buffer mechanisms' could lead to a market crash so rapid during a crisis that central banks may not be able to respond in time.

'Instant settlement' is a double-edged sword

This report written by IMF financial advisor Tobias Adrian is viewed as the most detailed policy assessment of tokenized systemic risks to date. He points out that tokenization is not merely an 'efficiency improvement,' but a structural change in the entire 'financial architecture.'
Strengthen bank-tax interaction! China encourages banks to use blockchain, but individuals trading coins and engaging in tokenization are all illegalChina encourages institutions to adopt blockchain and deepen the interaction model between banking and taxation The State Taxation Administration of China and the National Financial Supervisory Administration recently jointly issued a notice (on further deepening and standardizing the work of 'bank-tax interaction'), mainly targeting tax bureaus in various provinces and cities and major banks, with the goal of improving the loan environment for private and small and micro enterprises. The authorities encourage local tax authorities and banks to legally utilize blockchain and privacy computing technology to innovate the bank-tax interaction model. They require banks and taxpayers to achieve standardized data sharing, eliminating information asymmetry among the three parties: tax, banks, and enterprises.

Strengthen bank-tax interaction! China encourages banks to use blockchain, but individuals trading coins and engaging in tokenization are all illegal

China encourages institutions to adopt blockchain and deepen the interaction model between banking and taxation

The State Taxation Administration of China and the National Financial Supervisory Administration recently jointly issued a notice (on further deepening and standardizing the work of 'bank-tax interaction'), mainly targeting tax bureaus in various provinces and cities and major banks, with the goal of improving the loan environment for private and small and micro enterprises.

The authorities encourage local tax authorities and banks to legally utilize blockchain and privacy computing technology to innovate the bank-tax interaction model. They require banks and taxpayers to achieve standardized data sharing, eliminating information asymmetry among the three parties: tax, banks, and enterprises.
Article
Verification required for first cryptocurrency post! X launches new anti-fraud regulations to prevent hackers from stealing accounts and promoting junk coins.X enforces verification mechanisms. Accounts are locked upon first post. The social platform X recently launched a new round of anti-fraud measures. When an account first posts content related to cryptocurrency, it will immediately trigger the account locking mechanism, requiring users to complete identity verification before they can continue posting. This mechanism mainly targets accounts that are hacked and used to promote fraudulent investments. X product manager Nikita Bier stated that the system will identify whether the account "first mentions cryptocurrency"; once the conditions are triggered, posting permissions for the account will be suspended. This move is believed to significantly reduce the success rate of hackers spreading fraudulent information using highly trusted accounts in a short period.

Verification required for first cryptocurrency post! X launches new anti-fraud regulations to prevent hackers from stealing accounts and promoting junk coins.

X enforces verification mechanisms. Accounts are locked upon first post.

The social platform X recently launched a new round of anti-fraud measures. When an account first posts content related to cryptocurrency, it will immediately trigger the account locking mechanism, requiring users to complete identity verification before they can continue posting.

This mechanism mainly targets accounts that are hacked and used to promote fraudulent investments. X product manager Nikita Bier stated that the system will identify whether the account "first mentions cryptocurrency"; once the conditions are triggered, posting permissions for the account will be suspended. This move is believed to significantly reduce the success rate of hackers spreading fraudulent information using highly trusted accounts in a short period.
Article
Is the party afraid of secret mobilization? Jack Dorsey: China demands Apple to remove the Bitchat decentralized communication AppBlock CEO Jack Dorsey confirmed in a post on the social platform X that Apple has removed the decentralized communication application Bitchat from the Chinese region at the request of Chinese internet regulatory authorities. The application, due to its Bluetooth offline transmission and decentralized characteristics, was deemed by China to violate the authorities' relevant communication regulations on social mobilization. Bitchat violates China's cybersecurity law, Apple notifies removal According to information made public by Dorsey, the Cyberspace Administration of China (CAC) indicated that Bitchat violated Articles 3 of the Provisions on the Security Assessment of Internet-based Information Services with Attribute of Public Opinions or Capable of Social Mobilization, which requires online services with characteristics of public opinion or social mobilization to undergo an official security assessment process before being formally launched. The Apple app review team subsequently notified developers that the official version of Bitchat and the TestFlight testing version could not continue to be supplied in the Chinese market, but the application remains accessible in other countries and regions.

Is the party afraid of secret mobilization? Jack Dorsey: China demands Apple to remove the Bitchat decentralized communication App

Block CEO Jack Dorsey confirmed in a post on the social platform X that Apple has removed the decentralized communication application Bitchat from the Chinese region at the request of Chinese internet regulatory authorities. The application, due to its Bluetooth offline transmission and decentralized characteristics, was deemed by China to violate the authorities' relevant communication regulations on social mobilization.

Bitchat violates China's cybersecurity law, Apple notifies removal

According to information made public by Dorsey, the Cyberspace Administration of China (CAC) indicated that Bitchat violated Articles 3 of the Provisions on the Security Assessment of Internet-based Information Services with Attribute of Public Opinions or Capable of Social Mobilization, which requires online services with characteristics of public opinion or social mobilization to undergo an official security assessment process before being formally launched. The Apple app review team subsequently notified developers that the official version of Bitchat and the TestFlight testing version could not continue to be supplied in the Chinese market, but the application remains accessible in other countries and regions.
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