Beijing State Capital Operator Has Invested Nearly 10 Billion Yuan in Stocks

FRIEND Plummets 60%: "Machi Big Brother Loses $7.7 Million," Can Friend.tech Regain Its Glory?

The decentralized social platform Friend.tech's token FRIEND has been continuously falling since its launch in May this year. In the past month alone, it has plummeted more than 56%. This has resulted in substantial losses for the well-known artist Machi Big Brother Huang Licheng, who repeatedly bought in, anticipating FRIEND to reach $10. Currently, his FRIEND holdings have an unrealized loss of $7.7 million.

AlexJun 10, 2024 5:34 sore

What is Modular Lending and Could It Be the Next DeFi Trend?

DeFi researcher Chris Powers explores the new trend of "modular lending" in the lending sector, illustrating its potential in addressing market challenges and providing better services. This article, based on an article by Chris Powers, is compiled, translated, and written by BlockBeats.

MiyukiJun 10, 2024 6:02 sore

Will Hong Kong's Ethereum Spot ETF "Enable Staking"? Yat Siu: The Approval Chance is Nearly 100%, Expected Within a Year

Animoca Brands Chairman Yat Siu mentioned in an interview yesterday (7th) that Ethereum spot ETF issuers in Hong Kong are currently working to incorporate staking features into the Ethereum spot ETFs. The approval chance is expected to be very high. Can this change the sluggish state of Hong Kong's ETF market?

WeiliangJun 10, 2024 6:38 sore

MANEKI Impersonator Causes Crypto Veteran to Lose Over $500K with Fake Airdrop Link, Sparks Community Support

A crypto veteran recently fell victim to a scam, losing over 40 million MANEKI tokens (over SGD500K). Sharing the thievery process, he lamented his lapse in judgment but thanked the community for the support.

KikyoJun 10, 2024 5:18 sore

South Korea, Third-Biggest Crypto Market, Faces Regulatory Tug-of-War: NFT Crackdown and Crypto Tax Debates Amid Global ETF Race

South Korea's tightening regulations on NFTs and ongoing debates over crypto taxes reflect its cautious approach to nurturing the crypto industry while mitigating risks. However, its lag in spot crypto ETFs may hinder growth, though signs of progress, like the FSC's initiatives, offer hope for navigating this complex landscape.

AnaisJun 10, 2024 5:45 sore

Changpeng Zhao CZ Becomes Richer After Imprisonment! Fortune Magazine Estimates: His Wealth Soared by $4.1 Billion in a Week

Binance founder Changpeng Zhao CZ started serving a 4-month prison sentence at the beginning of this month, becoming the wealthiest incarcerated individual in the U.S. His wealth surged dramatically due to the Binance Coin (BNB) reaching an all-time high in the past week.

AlexJun 11, 2024 10:11 pagi

In the AI Era, You Must Understand "Computing Power Will Become the New Currency": Why Does Sam Altman Say This? Tokenization Forms the New Global Economy

Sam Altman has proposed that "computing power will become the new currency in the future." In the current AI hardware and software boom, it's crucial to understand this concept ahead of others to grasp the potential advancements in human technology and society.

MiyukiJun 11, 2024 10:31 pagi

The Crypto Market Faces Major Turbulence: $2 Billion Flows into Bitcoin, Ethereum Purchase Volume Hits Three-Month High, Whales Invest Heavily in Meme Coins

Bitcoin leads investment activity, attracting over $1.97 billion in inflows, while Ethereum experiences its best performance since March, with nearly $70 million in inflows.

WeiliangJun 11, 2024 11:18 siang

AI-Fuelled Crypto Crime on the Rise as Cyber Threats Keep Evolving: Is There Any Safe Haven Left?

While AI-enhanced crypto crime has not gone mainstream yet, research indicates that it is gaining momentum. As cyber threats evolve at an alarming pace, will there soon be no safe haven left?

CatherineJun 11, 2024 1:51 siang

Elon Musk Against Apple-OpenAI Partnership, Threatens to Ban Apple Devices Across His Companies

Elon Musk's strong opposition to Apple's integration of OpenAI's technology into its operating system, threatening a ban on Apple devices across his companies, further intensified the debate on user privacy and security in AI development.

AnaisJun 11, 2024 2:11 siang