Buterin is right: DeFi today is a circular speculative economy. Chainlink community liaison Zach Rynes said the bigger opportunity lies in bringing traditional capital markets on-chain so that crypto can enter the mainstream.

According to BlockBeats, on September 9, on-chain data revealed that Huang Licheng currently holds 11.1 million FRIEND tokens. Previously, Lookonchain monitored that from May 3 to June 8, Huang spent 4,975 ETH (approximately $15.6 million) to purchase 8.6 million FRIEND tokens at an average price of $1.81 each. Since then, Huang has continued to make small purchases of FRIEND tokens and has provided liquidity for its trading pair, accumulating a total of 11 million FRIEND tokens. Based on the June 8 holdings and the current FRIEND token price of $0.06668, the FRIEND tokens bought for $15.6 million are now worth only $570,000, resulting in an unrealized loss of at least $15 million.

According to BlockBeats, on September 9, Ethereum ecosystem's one-click token issuance platform Ethervista announced on social platform X that it will soon launch the VISTA application. The platform emphasizes practicality and aims to provide users with more opportunities for creation and exploration. The VISTA application will allow users to create tokens and view other creators' works. This initiative aims to encourage creators to go beyond basic memecoins and inspire more meaningful creations. Ethervista revealed that it achieved a transaction volume of $400 million within eight days, demonstrating the platform's rapid growth and user acceptance. Additionally, in response to community requests, Ethervista has added @vistaRover to the whitelist.

Odaily Planet Daily News According to Arkham monitoring data, the EZBC Bitcoin ETF marked address of Franklin Templeton's Bitcoin exchange-traded fund transferred 1,189 BTC to an unmarked address starting with bc1qzt last week, worth about 66.99 million US dollars. It is reported that the monitoring data shows that this is the first transfer transaction of the Franklin Templeton Bitcoin ETF marked address in the past four months.

Ethervista, the Ethereum ecosystem's one-click coin issuance platform, officially announced on the X platform that it will soon launch the VISTA application. According to the official statement, "At Ethervista, we love pragmatism. That's why we launched the VISTA application. Whether you are exploring token creation or looking at what others have built, the VISTA application gives users the power to make things happen. This move pushes creators beyond basic memecoins and motivates them to create. Existing facts: We achieved a transaction volume of $400 million in just 8 days. Finally, at the request of the community, we have added @vistaRover to the whitelist." Odaily Planet Daily reminds users that phishing scam links are rampant in the comment area. Please do not click on unknown links to avoid being deceived.

According to Foresight News, eight members of a South Korean criminal group involved in a Chinese telecom fraud organization have been arrested for assisting in converting criminal proceeds into cryptocurrency. The police reported that the group laundered money using fake bank accounts, converting 280 million KRW (approximately $208,000) obtained from six victims into cryptocurrency. The converted funds were then transferred to the Chinese organization, earning the group a commission of 10% to 40%. To evade police detection, the group members communicated exclusively through Telegram.

Friend.tech transferred control of some of its smart contracts to a null address, which can never be reversed. source: https://cointelegraph.com/news/friend-tech-token-plummets-smart-contract-control-null-address?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

According to Cointelegraph, the crypto group PleasrDAO, which owns the only physical copy of Wu-Tang Clan’s album 'Once Upon a Time in Shaolin,' has requested a judge to mandate a more thorough search of Martin Shkreli’s possessions. The group alleges that Shkreli has not fully complied with a court order to hand over all existing copies of the album. In a letter dated Sept. 6 to a New York federal court, PleasrDAO expressed doubts about Shkreli’s claims that he had surrendered all copies of the album. The group requested that Shkreli be ordered to conduct a deeper search and forfeit any additional copies. Shkreli had previously submitted a sworn declaration on Aug. 26, stating he found 15 files with copies of the album saved on Microsoft OneDrive after being ordered by the court to hand over all copies and confirm he had no duplicates. Shkreli claimed he searched his devices, electronic accounts, and other personal effects, but PleasrDAO suspects he might have more copies hidden elsewhere. The group pointed out that Shkreli mentioned the possibility of additional copies in storage facilities that held his personal effects during his prison term but did not provide specifics on why he couldn’t search all facilities. The Wu-Tang Clan album, recorded between 2007 and 2013, features at least 31 tracks across two discs, according to a track listing released by PleasrDAO in April. PleasrDAO stated that Shkreli had only attested to handing over audio files for 15 tracks but had publicly boasted about distributing copies and storing additional ones in various safes worldwide. PleasrDAO purchased the physical album from the United States Justice Department for $4.75 million in 2021 after it was seized from Shkreli following his 2018 securities fraud conviction. The group is selling partial ownership of the record through non-fungible tokens (NFTs) and sued Shkreli in June, alleging he retained copies of the album. PleasrDAO’s lawsuit seeks a judge’s order to permanently seize Shkreli’s alleged copies and prevent him from financially exploiting the album. Shkreli has argued that the alleged copies were made under his purchase agreement when he initially bought the album before it was forfeited to the government. He claims that these copies are not subject to forfeiture and that he retains the right to use them.

AscendEX (formerly BitMax) will launch the SRC-GAME (SGM) project at 23:00 on September 9, open the SGM/USDT trading pair, and recharge is now open.

Leading cryptocurrencies edged higher Sunday as the market sought to rebound from last week’s losses. source: https://www.benzinga.com/markets/cryptocurrency/24/09/40765647/bitcoin-ethereum-dogecoin-spring-back-from-fridays-fall-analyst-flags-peak-bearish-sentime?utm_source=cryptopanic.com&utm_campaign=partner_feed&utm_medium=partner_feed&utm_content=site

null source: https://x.com/FishTheWhales/status/1832962209292616058

The move reflects Tether’s ongoing strategy to grow its business beyond its USDT product.

Many investors have raised the question "Is Ethereum still viable?" To this end, the Ethereum Foundation (EF) research team held an AMA event on Reddit last night.

ChatGPT's latest macOS update finally brings the "Memory" feature to Europe and South Korea, allowing users to save preferences and personal information for more personalised responses. By remembering details like preferred formats and past interactions, could this elevate personalisation even further?

Last Tuesday (September 3), Philippine Chinese female mayor Alice Guo (Guo Huaping) was arrested in Tangerang City, Greater Jakarta, Indonesia, and was later extradited back to the Philippines to face trial on Friday.

上周二（9月3日）菲律宾华人女市长Alice Guo（郭华萍）在印度尼西亚的大雅加达地区的丹格朗市被逮捕，随后于周五被引渡回菲律宾接受审判。

In response to the changes in the regulatory environment in Hong Kong and around the world, Hong Kong Cyberport held the "Web3 Connect: Hong Kong and the World" event on September 7 at CyberArena in the Cyberport Arcade.

Golden Weekly is a weekly blockchain industry summary column launched by Golden Finance. Its content covers the week's key news, mining information, project dynamics, technological progress and other industry dynamics.