币圈 · 3013

Trump named Hyperliquid, and it wasn't a surprise

On August 19, when Trump met with crypto and financial industry executives at the White House, he suddenly read out the name Hyperliquid. His original statement was that CFTC Chairman Michael Selig is working to bring Hyperliquid to the US in a “fully compliant and legal” manner. After Trump's speech, HYPE rushed from around $60 to above $70, rising 20% to 22% in the short term, once again approaching a record high of around $76.8 in June this year. HYPE had a minimum of about $3.2 when it first entered the market in November 2024, and it has increased tenfold in less than two years. However, the entire crypto market also surged on the same day. Bitcoin is at $7.2 million, and Ethereum is rising at the same time as other altcoins. Macro liquidity and US regulatory news are driving up risk appetite. Why is it called Hyperliquid? Other factors aside, it has evolved to the point where US regulators and traditional exchanges cannot ignore it. Hyperliquid's main business is perpetual contracts. According to The Block data, in March 2025, its monthly perpetual trading volume was about 3.5% of all centralized exchanges (CEX); by March 2026, this ratio was close to 6%, and the monthly turnover was close to 200 billion US dollars. It rose to 6.63% in May, reaching 14.4% compared to Binance's perpetual trading volume, both of which were new highs at the time. It is no exaggeration to say that it is eating away at CEX's business step by step. Not all of Hyperliquid's assets have been growing the fastest recently. HIP-3 allows third parties to deploy a sustainable market. Since this year, contracts for stocks, indices, commodities, etc. have been rapidly sold. In May, HIP-3 sold more than 62 billion US dollars in a single month; by July, it had contributed nearly half of Hyperliquid's average daily sustainable transactions. It also explains why Wall Street is staring at it. How did the low-key team get on with Trump? Hyperliquid's past style is very different from typical crypto projects. Jeff Yan said in a lengthy interview in 2025 that the core team at the time was only 11 people, about half of whom were engineers; the team did not have a dedicated BD department, nor a business team that connects agencies around the clock. Even HYPE was not a centralized exchange, they didn't invest much resources to promote it. The Hyper Foundation's official website still says “No investors. “No paid market makers” is clearly written. Judging from public sources, there is no public evidence of any personal relationship or commercial ties between Jeff Yan and Trump himself. All I can find is news related to my own business. In May 2025, Hyperliquid Labs officially submitted submissions to the CFTC to discuss how the US handles 24/7 derivatives and perpetual contracts. At the same time, the document also clearly stated that the front-end developed by Hyperliquid Labs was prohibited for US users to trade. In February 2026, Hyper Foundation supported the establishment of the Hyperliquid Policy Center with 1 million HYPE cards. According to the current currency value of about 29 million US dollars, this agency was doing policy research and regulatory communication in Washington. The person in charge, Jake Chervinsky, had previously been the chief policy officer of the Blockchain Association and is also a familiar lawyer in the US crypto regulatory community. The introduction to HPC is straightforward: introducing Hyperliquid to lawmakers and regulators, and promoting regulatory frameworks in DeFi, perpetual contracts, and more. As of July 15 of this year, “Hyperliquid Strategic Inc. and Hyperliquid Labs” appeared in the CFTC official minutes. In other words, Hyperliquid was already in formal contact with the CFTC prior to Trump's public nomination. So, what we can guess is that Hyperliquid wasn't good at, or even very bad at traditional business relationships; it started this past year...

1d agoBitpushNews#CFTC #HYPERLIQUID #SEC #original #Perpetual contracts #Trump #custodial #viewpoints

Is “Cow Lai” really here? Bitcoin skyrocketed, and $2,743 billion bears were brutally liquidated

Source: PanNews Author: Nancy Original title: Is “Cow Coming” Really Here? Bitcoin changed overnight, and bears hit the main points of the biggest liquidation day in history: Bitcoin rebounded strongly on August 19, with an intraday increase of more than 7.4%, once approaching 70,000 US dollars, a new high since the beginning of June; Ethereum simultaneously broke through 2,300 US dollars. Over the past 24 hours, the entire network closed out more than 2,986 billion US dollars, of which short liquidations reached 2,743 billion US dollars, setting a new record for short liquidation in a single day. The recovery in the market was driven by multiple factors: the US Treasury expanded the scale of long-term treasury bond repurchases to improve liquidity; the SEC proposed new crypto asset issuance rules to exempt some registration requirements; and Trump met with crypto business executives and made supporting remarks, urging Congress to pass the Clarity Act. Furthermore, the net inflow of Bitcoin spot ETFs has exceeded US$480 million in the past two days, causing large-scale short liquidation effects. On-chain data shows that spot demand is about to improve, with a median increase of about 18.1% over the next 60 days. However, Glassnode pointed out that high real interest rates are still a suppressing factor, the market is still bottoming out, and the capitulation is not completely over. VanEck believes that 8 of the 12 capitulation indicators have been triggered, but this is not a sign of bottoming out. The potential cumulative window may be from September to November. Standard Chartered Bank expects Bitcoin to rise to 100,000 US dollars by the end of 2026. If it effectively breaks through $65,500, it may confirm the low in the cycle. CEO Strive believes that the long-term downward trend in the US dollar may bring the strongest macro tailwind to Bitcoin. Overall, there are positive signs in the market, but continued strengthening still requires verification of demand, liquidity, and macro environment, and investors should maintain reasonable positions. While the movie “Cow Lai” continues to be popular, the market's expectations for a “return to the bull market” are also constantly being ignited. Coincidentally, the crypto market also suddenly ushered in a long-lost “bull attack”. Bitcoin's strong counterattack overnight led to a collective recovery of the market. For the crypto market, which has been dormant for a long time, this surge not only means a breakthrough in price, but also a return to market volatility. After the market heated up rapidly, market sentiment was instantly ignited, and coin industry players even ridiculed that “native families are finally getting better.” Meanwhile, this sudden strong rebound also simultaneously triggered a single-day liquidation wave of bears on an astonishing scale. Bitcoin fought back strongly. On the evening of August 19, the bears experienced the biggest wave of liquidation in history. On the evening of August 19, Bitcoin broke out of a long-lost positive line and strongly broke through the consolidation range that continued for several months. According to CoinGecko data, Bitcoin suddenly experienced a strong rebound, with an intraday increase of more than 7.4%, once approaching 70,000 US dollars, a new high since the beginning of June. Ethereum strengthened at the same time. At one point, the price broke through 2,300 US dollars, reaching a new high of nearly three months. Mainstream assets rose collectively, rapidly driving the overall recovery of the crypto market. Over the past 24 hours, the total crypto market capitalization has risen by around 7.5%, recovering to around $2.46 trillion. However, this sudden surge also turned into a large-scale bear slaughter. According to CoinGlass data, the total amount of online liquidations in the past 24 hours has exceeded 2,986 billion US dollars, and more than 175,000 traders have been forced to close their positions. Among them, the biggest single liquidation occurred in the BTC-USD contract on the Hyperliquid platform, which amounted to about US$48.8 million. Judging from the historical scale, this wave of liquidations has surpassed the single-day liquidation record of about 2.23 billion US dollars during the “tariff shock” in February 2025, ranking the eighth largest liquidation event in crypto history. What is more noteworthy is that this liquidation almost showed a one-sided pattern of bears squeezing. According to CoinGlass data, in the past 24 hours, the amount of short liquidation reached US$2,743 million, far exceeding the liquidation scale of about US$243 million for longs. This figure even surpassed the scale of short liquidations of about 2.46 billion US dollars on the largest settlement date in history on October 10, 2025, setting a new record for the scale of short liquidations in a single day in the crypto market. The crypto market welcomed multiple benefits. Trump's bullish remarks ignited optimism behind the collective reversal of the crypto market's decline, mainly driven by multiple factors such as improved macro liquidity, bearish shortfall, regulatory optimism, and the return of ETF funds. At the macro level, the US Treasury expanded the scale of long-term treasury bond repurchases, which became the core trigger for this round of market recovery. The Ministry of Finance announced that it will double the maximum limit of liquidity support repurchases of 10-year to 30-year treasury bonds from at least US$2 billion to US$4 billion. The measures will be implemented on September 9 and will continue until November 4. The market generally interpreted this as strong support for the liquidity of the treasury bond market, which effectively lowered long-term yields. The yield on 30-year treasury bonds declined markedly from a high level of about 5.33% to 5.34%. And the decline in US bond yields...

2d ago22#Blood washes empty heads

Will compliant ICOs be revived? New SEC regulations open up a financing channel for the cryptocurrency industry

Source: ChainCatcher Author: 0xFACAI Original title: The biggest benefit for the coin industry, is compliant token financing coming back? Public coin sales and financing have once again gained a legal path in the US. On August 18, the US Securities and Exchange Commission released a draft “Regulation Crypto Assets”. According to this draft, startups can raise $5 million in up to four years, and larger projects can raise $20 million or $75 million in 12 months. Without completing a complete set of securities registration, the project can also sell tokens to investors to raise money for network development. The biggest benefit for the coin industry, is compliant token financing coming back? Sounds like ICOs are back. But the SEC gave far more than three funding lines. It wants to establish a set of rules for tokens from birth to “graduation”: projects can be sold to finance first, but it is necessary to clearly explain what to do with this money; if the key work promised by the team is not completed, the token continues to carry the regulatory responsibility for investment terms; only after fulfilling the promise, the token has a chance to exit this level of relationship. “Promises” are the core of the entire draft, and devs must “work” until the token “graduates” before they can “sell”. The draft rules gave the project parties two options. The first type is suitable for startup teams. Assuming a project required $3 million to develop, common choices in the past were to seek venture capital, limit buyers and issue coins outside of the US, or incur the high cost of registering securities. The new draft allows it to use the “startup exemption,” raise no more than $5 million over a maximum period of four years, and file with the SEC when the funding starts and ends. The second type is suitable for projects with greater funding requirements. The first tier raised up to $20 million every 12 months, and the second tier raised up to $75 million. Compared to the $5 million startup exemption, this path can be used over and over again, but the rules are more stringent. Projects can't just hand in a white paper and start selling coins. Both exemptions require the team to disclose how the network is being managed, how the product is being prepared and developed, what security risks the code has, what the company's financial situation is, and who is managing the project. The two larger funding levels also require financial statements to be provided and continuously updated, and the $75 million tranche requires an audit. The SEC didn't remove the original fence either. Issuers and insiders with a record of serious violations cannot use these exemptions, and anti-fraud and anti-manipulation responsibilities remain in effect. If the project uses other securities exemptions at the same time, it must also comply with existing consolidated financial calculation rules. The most important aspect of how to define “graduation” in the entire draft is to treat tokens separately from the investment relationships formed around tokens. A project sells coins to raise money to build a network. Buyers often buy more than just a digital asset that can already be used. They are also expecting the team to create products, attract users, increase token demand, and profit from these efforts. This relationship, which depends on the team's future work, is what the SEC calls an “investment clause.” The token itself can be just a digital asset, but how the project sells it and what it promises to the buyer makes it covered by a layer of investment terms. What the SEC really regulates is this level of relationship between issuers and buyers. The draft designs an exit path for the token. The token can only enter a “safe harbor” after the issuer has completed or permanently ceased all key management tasks of its promises, no new related commitments, and then submitted public certification and analytical instructions to the SEC. As a result, tokens have the concept of “graduation.” When the project is sold and financed, construction is promised to the market. After the project is completed and key tasks are completed, the buyer can no longer rely on the team to fulfill the old promises before the token can “graduate” and the project party can withdraw. The new regulations don't focus on whether tokens are considered securities. In the past, the market judged when a token was no longer subject to securities laws, and often questioned whether the network was “decentralized enough.” As long as the foundation, development company, or founding team continues to work, many people will understand this as the token still relies on a central entity. The SEC draft changed the question: what promises did the project rely on to sell the tokens, and are those promises fulfilled now? Take an example. When Project A sells coins, it tells investors that the team will develop the main network, launch transfer and pledge functions, and then leave the network to a decentralized validator to operate. The main network was later launched, and the features were also available, but the validators were still controlled by the team. Since “decentralizing the network” was also a promise at the time of financing, the token is still unable to “graduate” at this point. When Project B sells coins, it only promises to create a network that can function properly, without “the team must disappear” or “the network...

2d ago22#ICO #SEC

“Cow Lai” went from being a “bad movie” to a top meme, and the token of the same name soared 3,000 times in 3 days

Source: OdailyPlanet Daily Author: Wenser Original title: The decoration team's hand-rubbed abstract masterpiece “Cow Lai” went viral. The meme coin of the same name rose 3,000 times in three days. The animated film “Cow Lai” became popular due to its rough painting style and abstract plot. The box office was poor at the beginning of its release. Later, due to the popularity of the Internet, the box office hit back to over 2 million yuan. The film was produced by a team from a former decoration company over 5 years. The official response was that Dragon Biao only reviewed the content for compliance, not quality. The film sparked a lot of innovation, became a cultural meme, and caused the meme coin of the same name to skyrocket. At one point, the market capitalization was close to 30 million US dollars, and a “3,000x miracle” was staged. Behind the phenomenon is an expression of the attention economy and the power of memes, and it also carries the public's good expectations for a bull market. Overnight, “Cow Lai” became a hot topic of discussion within and outside the community. At one point, the market value of the meme coin of the same name was close to 30 million US dollars. The animated film, which went live on August 5, attracted widespread attention and discussion due to its rough graphics, abstract plot, bizarre Dragon Ball review, and “impressive results” that only grossed more than 7,000 yuan in 9 days. The crypto community is concerned about its abstract style, meme attributes, and meme coins, which have skyrocketed in market value; outside the industry, there has been a “boom in watching movies and checking in”. Netizens at home and abroad have said they want to see how abstract this animated film, created by a team of only two people from a former decoration company, is. Today, when beautiful AI videos are popular, “Cow Lai” not only shows us the roughness of “ancient hand rubbing,” but also expresses to some extent the public's earnest expectations for “Cow Lai.” I can only say that today, when the attention economy is king, the power of memes far exceeds the imagination of ordinary people. The movie “Cow Lai” tells some bitter past stories: when the decoration company was evicted by ducks to make an animated film, we need to discuss the “Cow Lai” meme. Let's start with the movie “Cow Lai”. The “work of sincerity” of the decoration company: the producer of the film “The Cow Lai”, which was distributed online or the curve of saving the country in order to seek repayment for the project, called Dalian Jingyuan Culture, Film and Television Media Co., Ltd., was founded in March 2016. The legal representative is Xin Yu Meng, one of the film producers. The company changed its name in July 2021 to “Dalian Jingyuan Decoration Engineering Co., Ltd.” As a result, netizens joked that this was a decoration company turning it into an animated film, and accidentally created a new god in the abstract world. According to online news, the picture source shows that the box office reversal for the watermark “Cow Lai” movie: from more than 7,000 yuan in 10 days to breaking 2 million dollars a day, “Cow Lai” officially went live on August 5. Although it was considered a concurrent student with popular summer programs such as “Odyssey” and “Welcome to Dragon Restaurant,” it had no resources, and the number of movies released on the first day was only a poor 342 yuan. On August 14, 9 days after its release, “Cow Lai” still grossed at over 7,000 yuan. Many people haven't even heard of this movie. But who came up with it, the rough modeling, the stiff animation, the film's thunder dubbing the cow shouting “Mom,” and the ink wash-style poster produced by the movie's official production, all kinds of abstract power were spread wildly online, and the film sparked a lot of curiosity and sparked a stir. According to information, the film is based on a vast prairie, and tells the healing story of the young calf “Cow Lai” getting to know a lark and bringing it into a dream. In my dream, Skylark saw that under the nourishment of love, persistence, bravery, and dedication, the cow grew all the way to become a little warrior who dared to take responsibility and face life and death. The movie is officially defined as “parent-child animation,” but the style of painting is really unbearably charming. The origin of “Niu Lai” According to Maogan Pro Edition data, as of 10:00 on August 16, 2026, the cumulative box office for “Niu Lai” had reached 25.31 million yuan, and the total box office was estimated to be about 18.376 million yuan. Behind the scenes of “Niu Lai”: Dragon Biao's review is not that strict. Just look at the hard restrictions on how to complete the “Dragon Biao (Film Release License) review”, which is hotly discussed on the internet. The film official also publicly responded: “(Dragon Biao Review) only reviews content compliance; it doesn't review whether the film is good or not, the graphics are not exquisite, and the quality of the story is high or low. Al Animation is of mediocre quality and low cost. As long as the content is compliant, it can successfully obtain a screening license.” The official statement says, “This is also the key for all of us ordinary people to make our anime dreams come true!” Not to mention, it sounds really inspiring that “little people can make big dreams come true.” Cultural communication, memes are king: the 3 behind “Cows Come”...

5d agoOdaily星球日报#MEME #Cow Lai topic

Kimi K3 Coin Circle Diagnosis: Scanned 501 Projects and 1,280 High-Risk Hazards in Two Weeks

Author: Claude, Deep Wave TechFlow Original title: Kimi K3 Coin Circle Diagnosis: Sweeping 501 Bitcoin Projects and 1280 High-Risk Hidden Hazards Deep Wave Guide: A volunteer “Bitcoin Red Team” used Kimi K3 from the dark side of the Moon to sweep 501 Bitcoin open source projects in two weeks, recording 7958 discoveries, of which 1,280 were rated as high-risk or serious. The Chinese model did this because OpenAI and Anthropic rejected these defenders on security grounds. If your coins are in a wallet or node software that hasn't been updated in years, this is worth reading. On August 13, Calle, a member of Bitcoin Red Team and founder of the Cashu Protocol, summed up the phased conclusions of this operation on X, and the tweet received nearly 260,000 views. His original statement was straightforward: “Decades of open source code collided with two weeks of Kimi K3, and the result was that everything was broken and Bitcoin was burning.” It all started with a $100 million wallet bug on July 30. The hardware wallet Coldcard was revealed to have a firmware flaw: the device fell back to a predictable software process when generating mnemonics. The security chip only provided 32 bits of entropy, and there were only about 4.3 billion possibilities left in the effective key space. The attackers followed the map and emptied users' wallets in multiple waves, confirming losses of more than $100 million, and the total loss is suspected to be close to $130 million. Bitcoin Magazine issued a rare “Immediate Transfer of Funds” emergency notice. This disaster directly spawned the Bitcoin Red Team. Calle and Rob Hamilton, CEO of escrow insurance company AnchorWatch, led by dozens of contributors. The non-profit organization OpenSats reimbursed most of its computing power expenses and conducted an AI audit of almost the entire Bitcoin open source ecosystem. After cleaning 501 projects in two weeks, the discovery was not equal to a bug. By August 8, the team spent hundreds of hours cleaning 501 projects, recorded 7,958 discoveries, and 1,280 were rated as high-risk or serious. These numbers need to be broken down: on the 108th hour node, only 24.7% of findings were dynamically reproduced, 29.4% were reported to the project party, AI audits would be misreported and repeated, and manual verification was still ongoing. However, the “moisture theory” cannot stop the toughest case. According to the official release records of the payment software BTCPay Server, a serious vulnerability (two-factor authentication bypass) reported by Red Team members Bruno Garcia and Ben Carman was actually exploited before it was fixed. The attackers used this to obtain the node's management credentials, thereby controlling the associated Lightning Network wallet. BTCPay released two secure versions in a row. The community set up recovery rewards for victims, and the foundation allocated another 0.21 bitcoins to the Red Team Fund. The maintainers used their actions to vote of confidence in this group of findings. The American model is apologizing, and the Chinese model is looking for loopholes. Why is the main force Kimi K3 and not GPT or Claude? Because American models don't take on this job. Rob Hamilton stated that after completing all authentication, he used OpenAI's model to analyze a publicly disclosed codebase and was rejected in less than 20 minutes. The comparison between Bitcoin's core contributor PortlandHodl went viral in the community: in the same code, America's leading model's answer was “You're right!” China's open source model directly identified 78 serious vulnerabilities. Hamilton's comment is even more serious: “I'm basically asking Xi not to let my software be hacked right now.” On August 10, more than 70 custodians, exchanges, mining companies, and development organizations jointly signed an open letter from the Bitcoin Policy Institute requesting that cutting-edge AI labs open access to credible defenders. Alex Thorn, head of research at Galaxy, wrote in a joint message: “Americans should not be forced to rely on Chinese AI to protect themselves. The red team needed these models.” However, we also need to pour cold water on the carnival: a joint evaluation by the British AI Security Research Institute and CAISI in the US showed that Kimi K3 was better than GLM-5.2 in vulnerability development tests, but it still lags behind the strongest closed source model in the US. The defense didn't choose the strongest one,...

8d agoburnking#AI #Anthropic #OpenAI #Bitcoin #wallets

Musk's mother and son brag about China; Trump's media abandons the coin business; Nvidia has become a financial company...

Dear readers, what have the KOLs on X been talking about in the past 24 hours? Note: The following content is compiled from the X platform. They are all personal opinions. They do not represent the platform's position, let alone constitute investment advice. Musk's mother and son praised China's travel Trump media. They are preparing to abandon Nvidia's cryptocurrency business. Now it's a financial company, 77-year-old Dalio, and bungee to 4 points Twitter: https://twitter.com/BitpushNewsCN比推 TG Exchange Group: https://t.me/BitPushCommunity比推 TG Subscription: https://t.me/bitpush

10d agoWendy#KOL

Take a deep dive into stablecoin cards: replacing Visa, or just a form of self-indulgence?

Author: Vaidik Mandloi Compiled and edited by: BitPushNews Crypto card spending surpassed $759 million in July, covering 9 million purchases — almost two and a half times that of the same period last year. However, more than 90% of the transaction volume still runs on the Visa network. And each of these cards will tell you the same story: we put payments on the stablecoin track, cut off the card network fees, and return the savings to the merchant. This is the same idea we discussed earlier when discussing how Stripe can build its own stablecoin cross-border payment chain. So if we actually try to get rid of the card network, what exactly will happen? Can avoiding Visa or Mastercard really save merchants money? Which layer do stablecoins replace in the payment stack? After thorough research, the answers were completely unexpected to me. To answer these questions about how the payment stack works, we must first figure out where the money actually goes when someone swipes a credit card. The first thing I realized was that most people, including those in the cryptocurrency industry, thought card networks like Visa had taken the biggest chunk. Wrong! When a merchant accepts a $100 purchase made with your rewards credit card, they pay the so-called Merchant Discount Rate (Merchant Discount Rate), which is approximately 2.2%, or $2.20. But the interesting thing is: this $2.20 didn't go into Visa's pocket; instead, it was distributed to three different participants, and the distribution ratio was very uneven. The largest chunk, about $1.75, went to the issuing bank (Credit Bank), which is the bank that issues credit cards to consumers. This fee is known as an interchange fee (Interchange), and it accounts for 70-80% of the entire merchant's processing fee. Next, the merchant's payment processor, also known as the acquirer (Acquirer), took about $0.30 to $0.70 as its markup. Finally, there is Visa or Mastercard, a real card network that everyone in the cryptocurrency industry wants to disrupt. It only takes an assessment fee (Assessment Fee) of about 0.13 to 0.18 dollars. This is only about 7-9% of the total cost paid by the merchant. So if you remove Visa from this equation, you're just removing the smallest item in the entire stack, and there's a reason why Visa's fees are so low. You see, Visa doesn't lend money to anyone, so it doesn't have to deal with all credit risk, chargebacks, or fraud disputes. In fact, Visa doesn't even transfer money. It's just a messaging network (Messaging Network) that only activates when you swipe in a store. Visa's job is to send authorization information from the merchant terminal to the card issuer and then back, and it establishes operating conditions that everyone in the system must abide by. However, it is the card issuer that actually takes on most of the heavy lifting. It is the card issuer that provides credit to the consumer and assumes the risk that the consumer may never repay. The card issuer is also responsible for floating funds (Float) between the purchase of the product and the date of payment of the bill, and uses exchange fees to fund reward programs that entice consumers to use the card. That's why Visa's business model is so fascinating. In 2025, Visa processed $14.2 trillion in payments, covering 257.5 billion transactions, generating net revenue of $40 billion and a net profit margin of nearly 50%. It earns an average of around 0.13 cents per transaction, which is its entire business model. Visa is one of the most valuable companies on the planet not because it charges a high fee per card, but because it processes a quarter of a trillion transactions a year, with almost zero marginal costs and zero credit risk. Now let's talk about the part where the situation is starting to make stablecoin cards really uncomfortable. The harsh reality of the stablecoin card economy Every stablecoin card is a debit card product. The money was already in the user's wallet in the form of USDC or USDT before the purchase occurred. Also, there is no floating deposit (Float) and no revolving balance (Revolving Balance) to generate interest income on the side. This puts these cards in a completely different economic category. Also, in 2010, the US Congress passed the “Durbin Amendment” (Durbin Amendment) to transfer debit card exchange fees to banks with assets over $10 billion...

11d agoWendy#VISA #pays #stablecoins

Chinese coin industry leader passed away, US AI infrastructure increased, DeepSeek Harness's new logo revealed...

Dear readers, what have the KOLs on X been talking about in the past 24 hours? Note: The following content is compiled from the X platform. They are all personal opinions. They do not represent the platform's position, let alone constitute investment advice. The bizarre death of a Chinese coin industry mogul sparks a buzz about the US AI infrastructure frenzy, no bad money, DeepSeek Harness's new logo revealed on Twitter: https://twitter.com/BitpushNewsCN比推 TG Exchange Group: https://t.me/BitPushCommunity比推 TG Subscription: https://t.me/bitpush

11d agoWendy#KOL

Coin Circle OG Ye Junde fell naked and died: from the peak of his wealth to the last early morning

Source: Shenchao TechFlow Author: Lin Zhengying Original title: Coin Circle Who Fell Naked OG: Ye Junde's Wealth, Gambling, and Asunción's 100-meter altitude in the last early hours of the morning. At 4:30 a.m. on August 7, 2026, the 911 alarm center in Asunción, the capital of Paraguay, received a call: A dead body was lying downstairs in Jade Park, an upscale apartment building in the Trinidad district. When the police arrived, they saw strange images: the deceased was naked, covered in a black plastic bag, and suspected to have fallen from 30 floors about 100 meters high. The deceased was soon initially identified — Harry Chun Tak Yeh, Chinese name Ye Junde, founder and managing partner of cryptocurrency fund Quantum Fintech Group, a Chinese crypto investor claiming to be in charge of more than $2.4 billion in assets. Investigators went up to the 30th floor and found that the doors of the apartment he was living in were wide open, and the house was a mess, but it was empty. He also has another apartment on the 27th floor of the same building where his Brazilian girlfriend, Isadora de Proenca Braganholo Carvalho, 29, lives. Faced with questioning by the prosecution, she said she didn't know anything, and the police have not publicly charged her with any wrongdoing so far. Prosecutor María del Carmen Palazón led the investigation and investigated the three possibilities of accident, suicide, and homicide. Everything waited until the autopsy results were discussed. The $500 entry history of Ye Junde's family is the most classic screenplay in the coin industry. He was born in Hong Kong and immigrated to Canada as a child. He studied electrical engineering at the University of California, Berkeley as an undergraduate, and later got an MBA at Stanford Business School. At least that's what he described as his resume. Prior to entering the crypto world, he followed the standard Silicon Valley elite route: an engineer, CTO and co-founder of several startups, running a technology consulting firm, and serving organizations with revenues ranging from $5 million to $200 million. Bitcoin was still hovering around $60 in 2013. Ye Junde used $500 to buy his first BTC, set up his first fund with $250,000 in the same year, set up the venture capital company Binary Financial, and later changed its name to Quantum Fintech Group several times. It was a pioneering era. Doing crypto OTC OTC trading and managing hedge funds for high-net-worth clients, Ye Junde caught up with Bitcoin's entire curve from $60 to tens of thousands of dollars. By 2023, he and his team claimed to have managed more than $2.4 billion in hedge funds and private equity networks. He began appearing frequently in the industry spotlight: he discussed Bitcoin forks and ICOs on CNBC in 2017, and was a guest on the Bloomberg crypto show in 2022, calling Bitcoin “digital gold,” and speaking on the same stage as Mark Cuban, Tether co-founder Craig Sellars, and others. He also took over the production team for the North American Bitcoin Conference (TNABC) and the Fantom Developer Conference, and set up his own Quantum Miami conference, which the mayor of Miami personally stood for. Highlight moment: In four months, between 2.5 million and 1.6 billion, the most legendary “investment” of Ye Junde's career occurred in the Fantom ecosystem. Fantom is one of the hottest public chains in the “DeFi Summer” of 2021, and was personally coded by Andre Cronje, known as the “Godfather of DeFi.” In September 2021, Tomb Finance, an algorithmic stablecoin project on Fantom, fell into a trust crisis due to a bug called “Gatekeeper” and was on the verge of collapse. Yip Chun-tak took over the team as a member of the Fantom Foundation. The next four months were a magical moment for Tomb Finance: the total hedged volume (TVL) went all the way from $2.5 million to a peak of $1.6 billion, and within two months, TVL skyrocketed nearly 80 times, making it the brightest project in the Fantom ecosystem. This battle established Yip Chun-tak's position within the Fantom community. Someone at X missed it: “Even if Harry turned to the dirty one at the end...

12d ago22#Harry Chun Tak Yeh

Is the coin industry recovering? X Creator Rewards Program sparks buzz; Dark Side of the Moon is about to launch...

Dear readers, what have the KOLs on X been talking about in the past 24 hours? Note: The following content is compiled from the X platform. They are all personal opinions. They do not represent the platform's position, let alone constitute investment advice. Is the coin industry recovering? X launches a rewards program for new creators, unexpectedly... The Dark Side of the Moon is about to launch Twitter: https://twitter.com/BitpushNewsCN比推 TG Community: https://t.me/BitPushCommunity比推 TG Subscriptions: https://t.me/bitpush

14d agoWendy#KOL