The recent ZKJ and KOGE flash crash—where two Binance Alpha-listed tokens plummeted by 80% in hours—has exposed deep flaws in the exchange’s incentive-driven ecosystem. While retail traders lost millions, the key players—project teams, whales, and Binance itself—have all deflected responsibility. Here’s a breakdown of what went wrong, who’s to blame, and why this signals a broader crisis in crypto market structures.1. What Happened? A Perfect Storm of ManipulationThe Setup: Binance Alpha, a p...

Whether Web3 AI or Web2 AI, the industry has reached a crossroads—shifting from a race for "computing power" to a battle for "data quality." On one side, Meta is spending $14.8 billion to acquire nearly half of Scale AI’s equity, leaving Silicon Valley in awe as giants redefine the value of "data annotation" with sky-high prices. On the other side, @SaharaLabsAI, on the verge of its Token Generation Event (TGE), remains trapped under the biased label of "hype-driven, unverifiable" Web3 AI. Be...

Elon Musk’s audacious plan to launch a new political party, the "America Party," has sent shockwaves through both crypto markets and Washington. With betting odds surging to 17% on Polymarket and over $416 million wagered, the world is watching: Is this a fleeting stunt or a seismic shift in U.S. politics?The Polymarket Phenomenon: A 17% Probability and $416M BetOdds Surge: Musk’s likelihood of founding the party in 2025 jumped from 7% to 17% in June alone, with a 2% spike in 24 hours .X Part...

With the booming development of the crypto asset market, we are facing an era of "big payment cards." It seems that every protocol is eager to have its own crypto card business, aiming to maximize user retention within the protocol. Behind the dazzling array of choices, countless payment providers are building bridges between crypto and traditional payment methods. Moreover, the unique on-chain asset environment also provides ample support for the growth of payment cards. Why are there so man...

Recent Updates on Elderglade BN Wallet will launch an exclusive TGE event for Elderglade (ELDE) today. Subscription Time: 4 PM to 6 PM (UTC+8) on May 27, 2025. Eligibility: Qualified users must participate using BN Alpha points. Additionally, 16 million ELDE tokens will be allocated for promotional activities, with specific details to be announced soon. Introduction to Elderglade Elderglade is an AI-driven retro fantasy game set in a charming fantasy universe inhabited by anthropomorphic crea...

Sei has released a new whitepaper detailing its latest Giga upgrade. Most readers find the 17-page deep dive into technical content challenging to digest. This article breaks down the updates and explains how they enhance blockchain performance across different layers.1. Block Production with Asynchronous Execution The core concept and foundation of Giga are as follows: “If we have an ordered list of transactions and a consistent initial state of the blockchain, and all honest nodes process t...

On May 21, 2024, the Legislative Council of Hong Kong formally passed the Stablecoin Issuer Ordinance Bill on its third reading. This bill provides the first comprehensive regulatory framework for stablecoins. After the implementation of the regulation, three types of activities related to stablecoins will require a license: first, the issuance of fiat-backed stablecoins in Hong Kong; second, the issuance of Hong Kong dollar stablecoins in or outside of Hong Kong; and third, the active promot...

Latest News on Sahara Do you still remember Sahara’s tweet on X about the upcoming testnet launch? Yes, it’s finally here. After two and a half months, the SIWA, originally scheduled to go live in April, was finally announced to be launched in mid-May! SIWA is a public testnet aimed at decentralized AI development and represents the first step towards an open, fair, and accessible AI-driven future. For more details on the specific process, you can refer to the official social media X. Introdu...

SIWA Public Testnet Now Live! The SIWA public testnet has officially gone live! SIWA is a public testnet designed for decentralized AI development and represents the first step towards an open, fair, and accessible AI-driven future. Roadmap to Mainnet The SIWA platform will progress through four phases to ultimately reach the mainnet. Phase One: Currently, vast amounts of data are used for algorithm training, yet contributors often do not receive adequate compensation. This phase aims to achi...

In recent days, Ethereum has surged with a significant upward trend, boosting the morale of "Ethereum enthusiasts" and rapidly heating up bullish market sentiment. This rally has not only driven a comprehensive recovery in the Ethereum ecosystem but also elevated expectations for the staking functionality of Ethereum spot ETFs, with related staking projects becoming hotspots for capital inflows.Ethereum's Strong Rebound Fuels Staking Sector, ETF Staking Expectations Drive Confidence RecoveryE...