TOKEN2049 · 282

HSK Chain sponsors and supports the EAG Hackathon series in Australia, Africa, and Latin America to help build a global developer ecosystem

Comparatively, according to official news, HSK Chain announced that it is sponsoring and supporting the 2026 Global Builders Initiative Global Developer Growth Plan initiated by the Ethereum Applications Guild (EAG) to jointly promote the construction of a global developer ecosystem and innovation in Ethereum applications. The event expanded the competition to the three emerging Web3 markets of Australia, Africa, and Latin America, and became an important step in HSK Chain's global ecological layout. The event will be held from August 19 to September 29, 2026, covering the six major regional developer communities in Brazil, Nigeria, Colombia, Kenya, Bolivia, and Sydney, Australia. The competition will be held in the form of an online development course+regional hackathon hackathon+offline demo day. It is expected to attract more than 1,000 Web3 developers from around the world to participate and push hundreds of innovative projects into the incubation process. As a tournament sponsor, HSK Chain will simultaneously set up independent tracks at six major sites and provide a total prize pool of 10,000 USDT, focusing on supporting innovative applications in the fields of AI Agent, DeFi, stablecoin payments, and RWA (real world assets). HSK Chain will provide technical support, mainnet deployment services, and Demo Day roadshow opportunities for participating teams. Outstanding projects will also have the opportunity to further connect with official grant programs and ecological incubation resources. EAG (Ethereum Applications Guild) is a global non-profit developer organization jointly initiated by Dr. Xiao Feng, Chairman and CEO of HashKey Group, and Vitalik Buterin, co-founder of Ethereum during Token 2049 in 2025 to promote the transformation of the Ethereum ecosystem from infrastructure construction to application innovation.

10d ago

TOKEN2049 Singapore will host October 7-8

Comparatively, the well-known crypto event TOKEN2049 will be held from October 7 to 8 at Marina Bay Sands in Singapore. It is expected to attract 25,000 participants from over 7,000 companies in 160 countries, with 500 booths, 300 speakers, and more than 1,000 surrounding events. Alex Fiskum, co-founder of TOKEN2049, said that the Dubai event was postponed to 2027 this year, and the team will fully focus on Singapore. Additionally, the 36-hour Hackathon TOKEN2049 Origins and NEXUS Startup Competition will be held during the event week, and well-known venture capitalists such as Dragonfly, Multicoin, and Maelstrom will be judged.          

16d ago

EMURGO hands over hosting of Token2049 to the Cardano Foundation to handle the SecondFi security incident

Comparing news, Cardano's governance company Intersect posted an article on the X platform that EMURGO was unable to allocate the necessary resources to carry out the Token2049 activity due to its recent focus on handling SecondFi security incidents. After negotiations between the three parties, responsibility for delivery of this activity has officially been transferred to the Cardano Foundation. EMURGO submitted a transfer request to Intersect, which was agreed by the parties after discussions with the Cardano Foundation. Intersect said the decision was based on the urgency of the event and the avoidance of delivery uncertainty. The Cardano Foundation has agreed to deliver activities within the scope of approval, and both EMURGO and Intersect have recognized its ability to execute past activities. The Token2049 delivery process has now been officially handed over, and the event is still scheduled to be held in October. Earlier in June, SecondFi disclosed that the security incident affected about 16 million ADAs (about $2.42 million at the time); however, Slow Mist Cosin said SecondFi users may have lost more than $20 million.

38d ago

Crypto KOL Survival Guide

Source: @Eli5defi编译及整理: BitPushNews If you woke up today to find your timeline unusually quiet (or chaotic, depending on that mysterious algorithm), it's not your illusion. The “InfoFi” ban is officially in effect. X (originally Twitter) has revoked API access to the “post-to-earn” (post-to-earn) apps we know (and some people love and hate), including Kaito, Cookie, Wallchain, Xet, etc. Well, the “easy mode” is over. The harvest period is over. We need to talk about Goodhart's Law: when an indicator becomes a goal, it's no longer a good indicator. We turned “response” into a goal, and by doing so, we turned our timeline into a Turing test where everyone was left out. But what now? Why did the bubble burst? Let's be honest: the “attention economy” is suffering from hyperinflation. Apps like Kaito, Cookie, and Wallchain are trying to financialize attention. In theory, it motivates activity. In practice, it creates a distorted incentive structure where “engagement” is decoupled from “value.” We're not building a community; we're carrying out a distributed, human-driven DDoS attack on the notification bar. X eventually realized that if they let a third-party app consume X users' dopamine, they would lose control of their ad inventory, and more importantly, lose real interactions and content on X. This is a battle for platform sovereignty. Advantages (and why this is a good thing for real creators) A cleaner timeline and a better user experience: No more endless AI spam, “gm” farms, or bot responses that clog up every post's response area. Real conversations can be breathed out again. Focus on quality over quantity: Projects and creators that rely on paid spam must now focus on real value. This creates a level playing field for real sound (less noise = more visibility for thoughtful content). Forcing Web3 marketing to maturity: the “publish and earn” model is a short-term hack that makes quick money but burns communities and hurts long-term trust. This is driving us towards a more sustainable model. Community relief: Many OGs and veteran users are celebrating (ZachXBT called it a “fact-based decision,” and even some creators saw it as a reset of Crypto Twitter). The downside (painful reality) An immediate economic blow: Tokens such as $KAITO, $COOKIE, and related NFTs plummeted by more than 15-20% overnight. Many creators (particularly in emerging markets) lost a real source of revenue because leaderboard rewards or campaigns came to an abrupt end with no possible compensation. Disrupting growth strategies: Web3 projects love to use InfoFi for cheap viral distribution. Now without automated farming, it's harder to sell. The reach rate of cryptocurrency topics is likely to decline further. Platform risk exposure: X can change the rules overnight (happen again). It reminds us that we are building a house on rented land. One policy update and your entire strategy falls apart. Short-term chaos: The project side is shutting down features, activities are being suspended, and some creators are mourning the “gold rush” era that allowed them to earn rent through everyday posts. What do we need to do now X The InfoFi ban has stirred up the situation, but it's opening a more structured and professional path for Web3 content creation. I see this as a driving force towards a true project/agency collaboration and a close-knit community of creators. Many creators have begun to move in this direction, agencies are preparing to fill this gap, set up select networks, and the creator community is becoming a new hub for transactions and collaboration. Here's the full updated walkthrough, with detailed steps for each point: 1. Double down on high-quality, high-signal content to focus on deep analysis, threads, visual content, and real insights (which is what brought me to where I am today). If the content is human-created and valuable, X will still reward high-quality interactions. Detailed steps: Audit your posts over the past 30 days: keep only posts with > 5% engagement or meaningful responses; delete or archive the rest. Plan 3-5 highlights each week: (e.g....

65d agoWendy#InfoFi #KOL #X

UAE investors bought AI and crypto assets on dips during the US-Iran conflict

Comparative news, according to Cointelegraph, during the US-Iran conflict, UAE investors chose to buy AI and digital assets on dips rather than reduce their overall positions. According to eToro data, in the first quarter, UAE users increased their holdings of a number of software and AI infrastructure stocks with sharp stock price pullbacks. eToro market analyst Josh Gilbert said that UAE investor behavior is dominated by long-term themes rather than risk aversion. The most obvious sign is that the AI infrastructure and software sectors — ServiceNow (+125%), Super Micro Computer (+65%), Adobe (+54%), and Oracle (+38%) have all achieved significant gains in the context of market pressure. In terms of crypto assets, Strategy Inc. remains the eighth-highest stock held by UAE investors, showing a continued allocation of crypto-related assets. Deutsche Bank's April 13 report indicated that the conflict is more likely to strengthen rather than weaken the region's demand for AI, cybersecurity, and sovereign digital infrastructure; however, it also quoted reports that Amazon cloud service data centers in the UAE and Bahrain have been attacked, and the planned 1GW Stargate campus in Abu Dhabi was also threatened. The report also pointed out that the Gulf region's sovereign wealth fund managed a total of about 5 trillion US dollars in assets in 2025, and Abu Dhabi-related institutions are one of the most active sources of funding in the global AI field. The overall operation of local crypto businesses in Dubai has remained normal. Ben El-Baz, managing director of HashKey MENA, told Cointelegraph that based on the cloud trading and escrow system, the overall business remains normal; Binance also confirmed that the vast majority of employees chose to stay behind, but Token2049 Dubai has been postponed until 2027. The Dubai Virtual Asset Supervisory Authority (VARA) continues to advance the regulatory framework for activity types. Sean McHugh, head of market security at VARA, said that in times of pressure, serious market participants are looking for the clearest regulatory environment rather than the most relaxed regulatory jurisdiction.

128d ago

Jeff Yan's “Hyper Life”: Demystifying the underlying logic of the world's most profitable company per capita

This article is from: Colossos; Original author: Dom Cooke (@domcooke) Compiled | Odaily Planet Daily (@OdailyChina); Translator | Azuma (@azuma_eth) Original title: Jeff Yan's “Hyper Life” One Friday in January, it wasn't bright yet, and a 43-year-old man was taken from his home in Saint-Léger-sous-Cholet in western France. He was driven to the small town of Basse-Goulaine about 30 miles away, where he was beaten, tied up, and abandoned. Twelve hours later, as night fell on the outskirts of Paris, three men with only one pistol broke into a house in Verneuil-sur-Seine. They beat a couple in front of the child, tied up all four members of the family with tape, toured the whole house, and left for the train station. This is the 70th similar attack worldwide in less than a year. Two days later, I boarded a flight to Singapore. I was on this trip to visit a team of only 11 people, but the first person I saw in their office wasn't part of this team. He is a sturdy American with short hair and stubble, sitting at a small table in the corner of the rest area with an Apple laptop in front of him. His physique showed that he wasn't here to write code, but rather a bodyguard. One of the company's co-founders (screen name iliensinc, short for Aliens Incorporated) accompanied me all the way from my hotel to my office. As we walked through streets shaded by rain trees, she told me they hadn't been in this part of Singapore all the time. The company was initially based in a shared office space in the financial district, but her other co-founder — the only person on the team who didn't use a pseudonym — began to attract attention. At first it was just some attention, and some people tried to recognize his face; then, strangers took the initiative to chat; later, someone followed him into the elevator of his apartment. As a result, the company moved to a quieter location, a building where no one would have thought of looking for them. Even the company's cleaning didn't know their real business. In her opinion, this is a peripheral goods company that makes stuffed cats. There are actually 34 stuffed toys in the office, so this misunderstanding isn't hard to understand. The company's mascot is a cat named Hypurr, of which 12 are on the cabinet, but in addition, there are sharks, lizards, koalas, penguins, and dragons, some of which are attached to the display like furry gargoyles. Most of the dolls came from an engineer — his wife didn't allow him to bring any more dolls home, so he brought them to his office. The team didn't correct this misunderstanding on the part of the cleaning staff. This is because Hyperliquid — a cryptocurrency on-chain trading platform — is one of the most profitable companies in the world per capita. The company's only 11 employees generated more than $900 million in profits last year. The company was founded only three years ago, has reached a market capitalization of $10 billion, and has never received a dollar in venture capital. The central figure behind it, 31-year-old Jeffrey Yan, has become an increasingly prominent face in an industry where success often means a higher risk of being kidnapped when not entirely voluntary. Before starting Hyperliquid, Jeff lived in Puerto Rico and almost independently operated one of the largest anonymous trading teams in the cryptocurrency industry. The team is called Chameleon Trading — “Chameleon” was his nickname when playing games in middle school. He started with his savings of $10,000 and achieved annual growth of thousands of percentage points over two and a half years. When he mentioned his benefits to me, he immediately tried to convince me not to think it was amazing. I've noticed his objections, and I've also noticed that Chameleon has made him extremely rich. He was 27 at the time and financially free. In the eyes of San Juan surfers, bar bartenders, and waitresses, he's just an ordinary young man in surf shorts. Now, in a heavily guarded office in Singapore, Jeff is sitting barefoot in a grey armchair, wearing black shorts and a dark blue t-shirt, explaining to me why the entire financial system needs to be rebuilt from scratch...

130d agoLuxurytracy

Binance provides temporary transfers for UAE employees to deal with Middle East conflict disrupting operations in the region

According to CoinDesk, Binance is offering employees in the UAE the option of temporarily relocating to Hong Kong, Tokyo, Kuala Lumpur, and Bangkok due to the situation in the Middle East region. A Binance spokesperson said: In light of recent regional tension, we have provided employees with temporary relocation options as a preventative, employee-first measure to provide flexibility and support during uncertain times. The spokesperson also said that currently many employees choose to stay in the UAE, and the company's business operations in the UAE remain normal. According to reports, the proposed relocation came after the cease-fire agreement was signed. The previous regional conflict of about six weeks had an impact on the UAE's commercial activities. Since the conflict broke out in late February, the UAE has intercepted hundreds of missiles and drones, and another interception incident occurred on April 8. The Middle East conflict has had an impact on many cryptocurrencies and large-scale events in the UAE: the TOKEN2049 Dubai Summit has been postponed to 2027, TON Gateway has been cancelled due to safety and travel concerns, the Middle East Energy Dubai Exhibition and the Dubai International Boat Show have been postponed one after another, and the Bahrain and Saudi Arabian F1 events, which have sponsorship and exposure value for the crypto industry, are also facing cancellation. According to reports, Binance has around 1,000 employees in the UAE, accounting for 20% of its total global workforce, and the company's global business is also supported by Abu Dhabi.

134d ago

With 100 billion dollars evaporating and faith collapsing, how can crypto believers maintain their foothold in the cold winter?

Author: Vanity Fair “Vanity Fair” Compiled by: Moni Original title: VIP Believers in the Crypto Winter: 100 billion dollars evaporated, why are they still holding on? “I really can't stand it anymore.” In the first few days of February this year, the Signal inbox of a major crypto market maker was filled with dozens of such messages. The crypto market plummeted 15% again — in just a few days, the $400 billion market value went up in smoke. In the previous four months, under the influence of Bitcoin, the total cryptocurrency market capitalization plummeted by nearly 50%, while Ethereum and Solana both declined by nearly 60%. The crash erased about $2 trillion in value and dragged the industry into a bear market. The crypto community called it a “cold winter” — a slightly nerdy metaphor that paid homage to the unsettling line in “Game of Thrones”: “Winter is coming.” (Winter is coming.) The founders of the project panicked: some tried privatization urgently, some hastily initiated emergency equity financing, and others simply abandoned the ship and left the site. Frankly speaking, crypto veterans have experienced an even harsher decline — the market has plummeted 80% or even 90%, but this time, the chill was quite different. While battling with regulators in Washington, Coinbase CEO Brain Armstrong watched his net worth evaporate around $100 million. There is an undercurrent of internal conflict in Ethereum, and co-founder Vitalik Buterin tweeted a series of french fries to express concern about how the platform is being scaled; as an early supporter of Polymarket, he expressed disgust with blockchain predicting the direction of extreme addiction in the market. Ordinary traders are denounced as “tourists” by industry veterans. They either panic and sell off, or switch to more trendy hot spots such as artificial intelligence and prediction markets. Technology without faith and spiritual sustenance is nothing. What we have established is a religious movement “They are all cowards.” Meltem Demirors, an early crypto investor and current founder of Crucible Capital, said this about peers who fled in fear. She wears a diamond cross layered on her body, a black sports suit, and the company slogan “Keep the Faith” on her hips. In the midst of this crypto winter, she's starting to buy Bitcoin again. On the afternoon of February one afternoon, as the market continued to decline, a small group of true believers gathered at an art landmark in Lower East Manhattan — a bank once known as the “Temple of Capitalism,” which has now spent $300 million to transform it into the Nine Orchard Hotel, and Michael Novogratz, CEO of Galaxy Digital, became its new co-owner. After the book wealth collectively shrunk by several billion dollars, Michael Novogratz, Meltem Demirors, and key crypto leaders such as Olaf Carlson-Wee, “Sister Wood” Cathie Wood, and Danny Ryan gathered to exchange experiences — they were not talking about what they sold, but what they were buying. Cathie Wood holds a wealth of exclusive research data, Olaf Carlson-Wee insists that she never follows the news, and both are continuing to increase their Bitcoin positions. Danny Ryan doesn't care about everyday fluctuations: “I'm a Luddite (Luddite),” he claims, “I need to know what I need to know, and of course people will tell me.” “Technology without faith,” Meltem Demirors emphasized again, “Technology without a spiritual core is worth nothing.” Unlike disciples who doubt the resurrection of Jesus, the faithful followers of cryptography have never wavered. “Seriously, what we created was a religious movement.” Gold, commodities, real estate, bonds, equities — all asset classes answer the same question: where does value come from? In fact, they are the product of social consensus, and they have meaning only because of collective approval. Gold: value comes from nature and scarcity; bonds: from institutional trust; real estate: from land and permanence; commodities: from matter itself; stocks: from human creativity. Every asset requires a creation myth, from scarcity to capitalism itself. And in the eyes of those who believe that cryptocurrencies are the “sixth asset class,” the value of cryptocurrencies goes far beyond the financial level. “Since 1971, the dollar was decoupled from gold...

157d agoburnking#CZ #OpenSea #Vitalik #Nakamoto Satoshi #originators #invests #Trump #currency

Will Dubai become a “financial heritage site”? An Asian exchange may welcome US investors...

Dear readers, what have the KOLs in the crypto industry 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. TOKEN 2049 Dubai Summit postponed to 2027, good for Hong Kong? Will an Asian exchange welcome US buyers? Popular replies: If they all want to eat the fattest piece of cake in the US, they have to find a big brother; that is to grab Chinese market share; Bybit seems to be looking for a “compliance backer”; coinbase+base+cex? Solana is drawing circles in the corner again; at the time of Circle120, it's slightly lower; because the Bybit spot contract market is ahead of OK, and I think it's a bit cheaper; Circle and CryptoCut's popular response: The proceeds generated by USDC on Circle's ARC chain still need to be distributed to Coinbase in half, but the agreement between the two parties expires in 2026 and needs to be re-agreed; at Circle 50, you guessed that he would drop back to the issue price of 30; when it was circle120, you said it would go up to 1000. It's changed, or Circle has changed to Circle and crypto, and the stock price has doubled; popular responses in the copycat market where liquidity is exhausted: making money is only a process, and losing money is the end for most people; in this market, you're not as good as concentrating on big cakes; gold, US stocks and second-level earthen dogs in the coin industry have separated the liquidity of the original altcoins, and there is still liquidity; now, um, piracy is going their separate ways. Twitter: https://twitter.com/BitpushNewsCN比推 TG Community: https://t.me/BitPushCommunity比推 TG Subscriptions: https://t.me/bitpush

161d agoWendy

TOKEN2049 Dubai Summit Announces Postponement to April 21-22, 2027

According to well-known media sources, it was announced that the TOKEN2049 Dubai summit will be postponed to April 21-22, 2027, which was previously scheduled to be held from April 29 to 30, 2026. Recently, the US and Iran clashed, and the war in the Middle East has spread to Dubai. Earlier, many parts of Dubai were attacked by Iranian drones and ammunition fragments, and many people in the crypto industry have also been evacuated from Dubai.

162d ago