Tom Lee, chairman of Ethereum treasury company Bitmine, stated in an interview that Ethereum has experienced seven pullbacks exceeding 60% in the past eight years alone, all of which were followed by rapid recovery. He pointed out that these patterns typically involve a sharp initial drop followed by a rapid rebound. Lee also suggested that if the current crypto market is in a bottoming-out phase, this possibility exists based on some market performance, citing Strategy's recent approximately 25% rebound as one factor to observe. He noted that historical experience shows such rebounds tend to be relatively rapid. (CNBC)

The recent changes to the drug-review process at the U.S. Food and Drug Administration (FDA) have sparked concerns about the potential for increased opacity and arbitrary decision-making. Bloomberg posted on X, highlighting the challenges that pharmaceutical companies and investors may face in modeling and planning due to these new rules. The revised guidelines could lead to decisions that are influenced by political motivations, complicating the landscape for drug approvals. This shift in the regulatory environment raises questions about the predictability and consistency of the FDA's decision-making process. Industry stakeholders are worried that the lack of transparency could hinder their ability to anticipate outcomes and strategize effectively. The implications of these changes are significant, as they may affect the development and availability of new medications. As the FDA navigates these new rules, the pharmaceutical sector is closely monitoring the situation, seeking clarity and assurance in the agency's approach to drug reviews. The impact on innovation and investment in the industry remains a critical concern.

Backpack announced its token distribution plan, with a total token supply of 1 billion. The pre-IPO supply is 625 million tokens (62.5%), distributed in three phases. TGE will release 25% of the token supply, totaling 250 million tokens, of which 240 million (24%) will be allocated to token holders and 10 million (1%) to Mad Lads holders. The second phase, pre-IPO, accounts for 37.5%, or 375 million tokens, and will be unlocked gradually based on key milestones. The third phase, post-IPO, also accounts for 37.5%, and these tokens will be stored in the company's treasury with a lock-up period of one year after the IPO.

The European Commission has accused several US technology companies of engaging in anti-competitive practices. Bloomberg posted on X, highlighting that this marks the latest move by the Commission against these firms, focusing on business conduct rather than content issues. The Commission's actions reflect ongoing scrutiny of major tech companies and their influence in the European market. This development is part of a broader effort by European regulators to ensure fair competition and address concerns about monopolistic behavior. The allegations could lead to further investigations and potential penalties for the companies involved.

The regulatory principle for RWA tokenization activities has been formally clarified: "Strictly prohibited domestically, strictly regulated overseas."

Alphadots, a popular puzzle game, invites players to test their skills with today's challenge. Bloomberg posted on X, encouraging participants to see if they can solve the puzzle faster than the previous day. The game, known for its engaging and brain-teasing format, continues to attract a wide audience eager to improve their problem-solving abilities. Players are encouraged to participate and see how they fare against others in this daily mental exercise.

Arthur Hayes sells DeFi tokens amid weakness, raising concerns about market struggles and timing. source: https://ambcrypto.com/arthur-hayes-dumps-3-1m-in-defi-tokens-strategic-exit-or-panic-signal/

GPU cloud service provider Axe Compute announced the appointment of Christopher Miglino as CEO. The Aethir team stated that this appointment reflects the increasingly close intersection between decentralized computing power and capital markets, providing a perspective on the scaling trends in both traditional capital markets and emerging technology sectors. Public information shows that Christopher Miglino previously founded Nasdaq-listed SRAX and co-founded DNA Fund, focusing on data technology, AI computing power, and decentralized infrastructure. Aethir's decentralized GPU infrastructure aims to support AI ecosystem participants, including Axe Compute, providing enterprises with more choices in how they acquire, deploy, and scale computing power. (predictive-oncology)

Italian prosecutors have initiated a criminal investigation into Delivery Hero's Italian food-delivery unit, focusing on allegations of labor exploitation. Bloomberg posted on X, revealing that the unit has been placed under judicial control as authorities delve into the matter. The investigation centers on claims that the company may have violated labor laws, potentially exploiting workers within its operations. This move by Italian prosecutors underscores the growing scrutiny on labor practices within the gig economy, particularly in the food delivery sector. Delivery Hero, a prominent player in the global food delivery market, faces increased pressure as authorities examine its practices in Italy. The judicial control aims to ensure compliance with labor regulations and protect workers' rights. The case highlights broader concerns about labor conditions in the gig economy, where workers often face challenges related to job security, fair wages, and working conditions. Italian authorities are keen on addressing these issues to safeguard workers and uphold labor standards. As the investigation unfolds, Delivery Hero's operations in Italy will be closely monitored to ensure adherence to legal requirements and ethical practices. The outcome of this investigation could have significant implications for the company and the wider food delivery industry.

When the creator of Moltbook, a social network built for AI agents, proudly declared he “didn’t write one line of code” for the platform, he intended it as a testament to the power of AI. Instead, it became a confession of negligence. By outsourcing the entire architecture of the site to an AI assistant, a practice increasingly known as “vibe-coding,” the platform inadvertently traded human security for automated convenience. The Flaw in the “Vibe”Moltbook was marketed as a revolutionary platform where AI agents could interact in a Reddit-style forum source: https://medium.com/pivx/the-no-code-trap-and-its-impact-on-privacy-e9165fc88b8a?source=rss----430d9242e45e---4

마이클 세일러가 이끄는 비트코인(BTC) 자산 관리 회사인 스트래티지(Strategy)는 가격 하락에도 불구하고 새로운 비트코인 매입을 진행했다고 발표했습니다. 계속 읽어보세요: 마이클 세일러가 이끄는 비트코인 투자 회사인 스트래티지(Strategy)는 가격 하락세를 무시하고 비트코인을 다시 매입한다고 발표했습니다! source: https://kr.bitcoinsistemi.com/strategy-the-bitcoin-treasury-company-led-by-michael-saylor-is-ignoring-the-decline-they-announced-they-are-buying-bitcoin-again/

Making money in the cryptocurrency world isn't mysterious: you earn based on the "difference," rely on "momentum," transactions are based on "trust," and amplification is achieved through "leverage."

Web3 incentive mechanisms are at a singularity, returning from the "illusion of traffic" to the "essence of value".

AI 的落地，会优先出现在那些需求刚性、流程清晰、价值可量化的地方。

Gold, traditional finance, investment, gold is hot but also chaotic. Golden Finance: Behind the seemingly prosperous gold craze, undercurrents are surging and chaos is rampant.

Crypto.com CEO Kris Marszalek plans to land a $70 million jackpot in a Super Bowl halftime ad slot—AI.com.

The continued rise in public debt and high government debt ratios in major international economies have led to a sustained expansion of global debt. In addition, the short-term nature of debt maturity structures has significantly weakened global debt sustainability and the stability of the financial system.

Artificial intelligence, chatGPT, technology, AI models are constantly evolving: How can working people get rid of "AI anxiety"? Jinse Finance suggests building a filter to capture only what is truly important to your work.

Zero knowledge (ZK) was first proposed to answer the question: "Can a prover convince a verifier that a statement is true without revealing the identity of the witness?"

The Bitcoin network is being eroded by the proliferation of non-monetary data, and implementing BIP-110 is a necessary measure to clean up the network, restore node health, and thus pave the way for Bitcoin to reach a million-dollar valuation.