Jump Trading is making a comeback in the crypto space with the storage platform Shelby, marking the return of this market maker that once fueled Solana's early growth. Shelby aims to tackle demanding scenarios like 4K streaming and TB-scale AI data storage. Shelby's Technical Features and Criticisms Shelby's technical features include a paid-read mechanism, the use of erasure coding to reduce redundant backups, and a hybrid on-chain/off-chain audit system, attempting to balance storage costs ...

Jump Trading is making a comeback in the crypto space with the storage platform Shelby, marking the return of this market maker that once fueled Solana's early growth. Shelby aims to tackle demanding scenarios like 4K streaming and TB-scale AI data storage. Shelby's Technical Features and Criticisms Shelby's technical features include a paid-read mechanism, the use of erasure coding to reduce redundant backups, and a hybrid on-chain/off-chain audit system, attempting to balance storage costs ...

Event Overview: A whale on Venus Protocol fell victim to a hacked Zoom client, signing a malicious authorization transaction that led to the theft of $13 million in assets. Attack Process: The attacker utilized flash loans to repay the victim’s debt and transfer their assets, ultimately using the stolen funds as collateral to borrow more. Emergency Response: Within 20 minutes, Venus suspended protocol functions and initiated an emergency governance vote. The community unanimously passed a res...

Event Overview: A whale on Venus Protocol fell victim to a hacked Zoom client, signing a malicious authorization transaction that led to the theft of $13 million in assets. Attack Process: The attacker utilized flash loans to repay the victim’s debt and transfer their assets, ultimately using the stolen funds as collateral to borrow more. Emergency Response: Within 20 minutes, Venus suspended protocol functions and initiated an emergency governance vote. The community unanimously passed a res...

MicroStrategy risks removal from global index funds, potentially triggering an $8.8 billion outflow and putting pressure on Bitcoin's price. The core of the DAT model involves deeply binding traditional corporate interests with the Bitcoin ecosystem, not merely borrowing money to buy BTC. Bitcoin treasury companies are actively building within the Bitcoin ecosystem (e.g., Layer2, BTCFi), which is a key path to rebuilding market value premiums. Ecosystem development can break the pure reliance...

MicroStrategy risks removal from global index funds, potentially triggering an $8.8 billion outflow and putting pressure on Bitcoin's price. The core of the DAT model involves deeply binding traditional corporate interests with the Bitcoin ecosystem, not merely borrowing money to buy BTC. Bitcoin treasury companies are actively building within the Bitcoin ecosystem (e.g., Layer2, BTCFi), which is a key path to rebuilding market value premiums. Ecosystem development can break the pure reliance...

FLock has proposed an innovative concept: building a Launchpad platform for AI large models, incentivizing the development and optimization of vertical models through assetization. This model aims to reconstruct the value chain using token economics, enabling data providers, computing nodes, and validators to continuously earn revenue based on their contributions. Core Mechanism: Asset-izing trained large models (e.g., in vertical fields like healthcare, law, and finance) and using token dist...

FLock has proposed an innovative concept: building a Launchpad platform for AI large models, incentivizing the development and optimization of vertical models through assetization. This model aims to reconstruct the value chain using token economics, enabling data providers, computing nodes, and validators to continuously earn revenue based on their contributions. Core Mechanism: Asset-izing trained large models (e.g., in vertical fields like healthcare, law, and finance) and using token dist...

French banking group ODDO BHF has launched EUROD, a euro-backed stablecoin that is compliant under the EU's Markets in Crypto-Assets (MiCA) regulatory framework, representing a digitized version of the euro. This move signifies the 175-year-old traditional bank's expansion into the regulated blockchain finance sector. Stablecoin Structure and Launch Details EUROD was launched by ODDO BHF in collaboration with infrastructure provider Fireblocks. Issued on the Polygon network to enable fast and...

French banking group ODDO BHF has launched EUROD, a euro-backed stablecoin that is compliant under the EU's Markets in Crypto-Assets (MiCA) regulatory framework, representing a digitized version of the euro. This move signifies the 175-year-old traditional bank's expansion into the regulated blockchain finance sector. Stablecoin Structure and Launch Details EUROD was launched by ODDO BHF in collaboration with infrastructure provider Fireblocks. Issued on the Polygon network to enable fast and...

The cryptocurrency market experienced a sharp decline on September 22. Bitcoin (BTC) fell from above $115,000 to a low of $111,800, while Ethereum (ETH) dropped from around $4,500 to $4,077. Staggering Liquidation Scale The derivatives market saw $1.7 billion in liquidations over 24 hours across the board, marking the highest figure for the year. Long positions accounted for the vast majority, at $1.617 billion. Analyzing the Drop The sell-off occurred as a "buy the rumor, sell the news" even...

The cryptocurrency market experienced a sharp decline on September 22. Bitcoin (BTC) fell from above $115,000 to a low of $111,800, while Ethereum (ETH) dropped from around $4,500 to $4,077. Staggering Liquidation Scale The derivatives market saw $1.7 billion in liquidations over 24 hours across the board, marking the highest figure for the year. Long positions accounted for the vast majority, at $1.617 billion. Analyzing the Drop The sell-off occurred as a "buy the rumor, sell the news" even...

Market optimism for "Uptober" was shattered by Trump's announcement of additional 100% tariffs on Chinese goods, triggering panic across global financial markets. Bitcoin plummeted from a high of $122,000 to approximately $104,582, a single-day drop of 7%. Ethereum fell nearly 8%, and Solana dropped over 7%. A Bloodbath Across Markets The cryptocurrency market saw nearly $10 billion in liquidations within 24 hours, affecting over 1.52 million people. U.S. stocks recorded their worst single-da...

Market optimism for "Uptober" was shattered by Trump's announcement of additional 100% tariffs on Chinese goods, triggering panic across global financial markets. Bitcoin plummeted from a high of $122,000 to approximately $104,582, a single-day drop of 7%. Ethereum fell nearly 8%, and Solana dropped over 7%. A Bloodbath Across Markets The cryptocurrency market saw nearly $10 billion in liquidations within 24 hours, affecting over 1.52 million people. U.S. stocks recorded their worst single-da...

Stablecoins are transitioning from financial instruments to everyday payment methods. Although they currently account for only about 5% of global transaction volume, they are experiencing rapid growth across multiple industries and regions.Overview of the Consumer Market B2B corporate payments represent the most mature application of stablecoins, with an annual transaction volume of approximately $36 billion, primarily used for cross-border supplier payments and payroll. On the retail side, o...

Stablecoins are transitioning from financial instruments to everyday payment methods. Although they currently account for only about 5% of global transaction volume, they are experiencing rapid growth across multiple industries and regions.Overview of the Consumer Market B2B corporate payments represent the most mature application of stablecoins, with an annual transaction volume of approximately $36 billion, primarily used for cross-border supplier payments and payroll. On the retail side, o...

The Arena of Titans Imagine throwing some of the world's smartest "brains" – the top AI models we all know – into the most chaotic, thrilling, and brutally realistic battlefield. What would happen? This isn't science fiction; it's a real-world experiment already underway. Nof1.ai has launched a live trading competition called "Alpha Arena." They gave six top AIs – including GPT-5, Gemini, Grok, Claude, Deepseek, and Qwen – $10,000 each and set them loose on the crypto derivatives platform Hyp...

The Arena of Titans Imagine throwing some of the world's smartest "brains" – the top AI models we all know – into the most chaotic, thrilling, and brutally realistic battlefield. What would happen? This isn't science fiction; it's a real-world experiment already underway. Nof1.ai has launched a live trading competition called "Alpha Arena." They gave six top AIs – including GPT-5, Gemini, Grok, Claude, Deepseek, and Qwen – $10,000 each and set them loose on the crypto derivatives platform Hyp...

Hyperliquid Exchange has initiated an open bidding process for the issuance rights of its USDH stablecoin, breaking the traditional monopoly held by Tether and Circle. Institutions like Paxos and Frax Finance are competing with distinct proposals:Paxos advocates for a compliance-focused approach, pledging to use 95% of interest income to repurchase Hyperliquid’s native token HYPE and leveraging its traditional finance resources to drive ecosystem growth.Frax Finance proposes a DeFi-native sol...

Hyperliquid Exchange has initiated an open bidding process for the issuance rights of its USDH stablecoin, breaking the traditional monopoly held by Tether and Circle. Institutions like Paxos and Frax Finance are competing with distinct proposals:Paxos advocates for a compliance-focused approach, pledging to use 95% of interest income to repurchase Hyperliquid’s native token HYPE and leveraging its traditional finance resources to drive ecosystem growth.Frax Finance proposes a DeFi-native sol...