Finance

This article analyzes the recent panic in the cryptocurrency market, focusing on the large short positions in Bitcoin futures at the Chicago Mercantile Exchange (CME). Since launching BTC futures trading in 2017, CME now holds 28.75% of the market. Currently, CME's short positions amount to $5.8 billion, raising concerns about large-scale shorting of BTC by Wall Street. The author analyzes the data and suggests that these short positions are likely due to institutional investors arbitraging the price difference between CME futures and Bitcoin spot ETFs, rather than simply being bearish on the market. The article also discusses the potential impact of this arbitrage strategy on ETF net inflows and Bitcoin prices, urging investors to reassess the significance of the relevant data. Additionally, it points out that there are still bearish forces in the market, so caution is advised.

This article further explores the legal risks of KOL round financing, including false advertising, suspected pyramid schemes, and accomplice risks, and provides suggestions to avoid these risks to maintain the healthy development of the crypto market.

Recently, scams in the cryptocurrency space have become rampant, leading to losses of 4.6 billion dollars in 2023 and 500 million dollars already lost in early 2024. Common problems include vulnerabilities in DeFi protocols (like flash loan attacks and oracle manipulation), phishing websites, and fake airdrops. To protect yourself, enhance your security awareness, regularly check and revoke unknown authorizations, use cold wallets for most of your assets, and avoid clicking on unknown links or downloading unfamiliar plugins.

As the top trading platform in the Sui ecosystem, Bluefin relies on its efficient transaction processing speed, transparent on-chain security mechanism and user-friendly operating interface to provide users with a derivatives + spot multi-variety trading experience, while building ecological infrastructure facilities on the Sui network and create a decentralized financial ecosystem. Through its innovative application layer design, Sui's technical advantages are fully demonstrated. Not only does it have significant advantages in transaction speed and cost, it also further promotes the popularity and application of the Sui ecosystem.

This article will attempt to analyze the internal logic behind PayPal's shift towards Crypto, the launch of PYUSD on Solana, and the evolutionary strategy of PYUSD towards Mass Adoption.

Governance tokens are typically defined as tokens that grant holders voting rights on certain project parameters, which may include implementing product updates, fee/income generation, and business development decisions. The article introduces the role of governance tokens in cryptocurrencies, substantiating their existence, and reveals two key features required for governance tokens: control over economic value and reliability of control. Governance tokens are a complex and controversial topic among crypto investors, with opinions ranging from “novel innovation” to “mostly unnecessary”. We fall closer to the former opinion and believe that a well-structured governance token can add significant value to a project.

This article delves into the relationship between the merchant class and cultural taste leaders, uncovering the difficulties in converting money into status. Despite the theoretical possibilities of transforming financial capital into social capital, the practical implementation is fraught with challenges.

This article introduces the well-known cryptocurrency market maker DWF Labs from a bird’s eye view. In recent years, this market maker has been mired in controversy. The article discusses DWF Labs' business model, recent investments, and reputation in the industry. It also mentions why market makers are needed, the DWF incident, and its impact on the industry. Some people believe that DWF Labs is a disruptive force in the industry, while others think they are manipulating the market. Overall, the article explores the complexity of the role that DWF Labs plays in the cryptocurrency market.

Artela is an L1 solution that enhances the scalability and efficiency of the EVM by introducing EVM++. EVM++ upgrades the execution layer technology of EVM, integrating the flexibility of EVM with the high-performance features of WASM. It supports not only traditional smart contracts but also allows dynamic addition and execution of high-performance modules on-chain. Through its parallel execution design, Artela ensures that the computational capacity of network nodes can flexibly expand according to demand, ultimately achieving elastic block space. This allows large-scale dApps to request independent block space according to specific needs, meeting the requirements for expanding public block space while ensuring performance and stability for large applications

The FIT21 bill, led by the Republican Party, aims to amend existing securities and commodity regulations and establish a regulatory framework for digital assets to promote the development of the crypto industry. The United States hopes to create a stable and effective regulatory environment for the healthy growth of the crypto asset market through this bill. In the future, we will join forces with the SEC and CFTC to further focus on the integration of Defi and financial markets, NFT and traditional markets, further improve the financial literacy of crypto asset investors, strengthen the infrastructure construction of the blockchain financial market, and protect the rights and interests of investors while maximizing the role of crypto assets and blockchain technology in promoting economic development.

This article sequentially introduces the crypto markets of Vietnam, Malaysia, Indonesia, Japan, and South Korea, covering the background and current situation, major policies and regulations, policy impacts, and future outlook. It summarizes the unique features and future trends of each country's policies, emphasizing the balance between market stability and innovation. With the rapid development of the cryptocurrency market, governments around the world are formulating relevant policies to regulate market behavior, protect investor interests, and prevent financial risks. Asia, as a key region in the global cryptocurrency market, has regulatory policies that significantly impact the global market.

Sandwich bots have long been causing disruption on the Solana network. In response, the Solana Foundation has removed a group of validator operators from its delegation programme. This decisive action addresses the operators' involvement in executing "sandwich attacks" on Solana users.

This article delves into the challenges and future potential of prediction markets. It provides a comprehensive analysis that explores the current bottlenecks and identifies key innovations poised to unlock new growth.

This article comprehensively explores the legal framework and future development of U.S. cryptocurrency payment licenses, examining the historical evolution of cryptocurrency laws in the U.S., the practical aspects of obtaining a cryptocurrency payment license, and the diverse regulatory approaches of different states.

With the continuous development of blockchain research, although most blockchains still follow the traditional block + chain structure, some blockchains designed with first principles have also emerged. First-principle thinking starts from the most basic conditions, analyzes the components of concepts, and seeks the optimal path to achieve goals. In the field of blockchain, the first principle is considered a new accounting method, which starts from the most fundamental decentralized accounting method and has a unique data structure and consensus. For example, the two different blockchain designs of Sui and Arweave AO. Sui is an object-oriented data model centered on "faster accounting services", while Arweave AO is essentially a decentralized computing system, or a decentralized cloud service, which is the infrastructure for running accounting services.