I met Cristiano Ronaldo. Yes, exactly that same person who has long since become a living legend. This day will certainly remain in my memory for the rest of my life - Ronaldo turned out to be not just a sporting icon, but a symbol of greatness and determination. I am often asked: why do I attend all sorts of conferences and meetings? It is difficult to answer. But today I will try to share my thoughts.
💭My name is Richard Tang, and if you allow me, I’ll tell you how I ended up at the center of one of the most dynamic and exciting industries of our time: cryptocurrency. 💭So, it’s 2017. I was the head of ABW Global Market, and frankly, my world revolved around traditional finance. But at one of the conferences in sunny Florida, where they usually discuss the usual topics - from futures to stock markets - there was a new energy in the air. This new drive came from young, ambitious people, talking about cryptocurrencies with sparkling eyes. I noticed that I was not the only one captivated by this atmosphere. More and more voices talking about the future of finance were coming from this sphere, and I could not remain indifferent.
🟡So, of the three hacks (BYBIT, BITGET, BINANCE), I liked Bybit's swift response the most, with Bitget in second place. 🫣Binance is currently in third. But the main conclusions will probably need to be drawn based on the percentage of funds that ultimately “leak” out. 😏By this measure, Binance is looking very good right now: every other dollar has been frozen. 🔶At the same time, around $3 billion are still at risk, and most likely they won't be recovered. 🟡I would even say that the final “loss” estimate will be $4 billion, considering how often this figure has been associated with the company.
🟡So, right at the beginning I said that Binance ranked third among the three hacks, and I meant how quickly the companies responded and how they communicated with their customers. Ben from BYBIT is in a league of his own (so far); Gracy (Bitget) did even better, but the level of execution was different.
🟡Binance is still in the process; I'm sure we'll see a livestream and talks on this topic, new levels and standards of security in the industry, and another localized bear market.
In a year, 80% of all crypto transactions will be made not by people, but by autonomous systems. While most people manually grind out tiny transactions in hopes of getting retroactive airdrops, the #ProofOfAgent #14598 ruslan.ai combo handles smart contracts and generates on-chain activity on autopilot, 24/7. What do you think: will manual traders go the way of pager operators, or does “human intuition” still have a chance in crypto?
Attention everyone actively minting on BNB Chain right now.
I’m seeing a classic on-chain trap right now: scammers have rolled out three absolutely identical contracts with the same name and ticker (Onchain Plants, $PLANT), counting on retail users and dumb scripts to miss the difference. Everything looks identical in the explorer, but the owners and the withdrawal logic are different.
This is why I always say: blindly hitting the claim button or approving a transaction in your wallet because of a pretty picture is a surefire way to lose your deposit. Web3 today demands strict security hygiene: read the bytecode, verify the creator, and simulate the transaction before signing.
Together with my #ProofOfAgent #14598 ruslan.ai, we’re filtering out this kind of garbage with a static dry run before it even gets sent to the mempool.
Always verify the first and last 4 characters of an address using official sources, not search results. Has anyone already been burned by clones this week?
Most crypto traders will lose everything not because of the market, but because of their own arrogance: they genuinely believe their intuition and strategy are smarter than the market.
Who among you is willing to openly bet that a person can trade more effectively than a mathematical model?
The era of autonomous AI agents in Web3 is already here! My ruslan.ai agent on BNB Chain is already independently scanning smart contracts, monitoring liquidity pools, and operating 24/7. In the future, the agent economy will completely free users from routine tasks and manual transactions. Delegate routine tasks to agents—live your life!
😏 I’ve been hooked on Binance’s new feature for the past couple of days
🔶 In short: Binance decided to mix up a few ingredients… 🤪 I’ll talk about each component separately: - WEB3: the entire crypto sector is now available to anyone who wants to use it, and you can buy (or sell) absolutely any crypto asset. The important thing is that BNB Chain is supported first and foremost, which is why the BNB coin has been holding up very well over the past few days. The main problems with WEB3 are security and a lack of clarity…
🟡 BNB Chain has officially opened a discussion about its new Layer 1 network — NewL1.
🔶 It’s not a replacement for BSC, but a separate chain running alongside it.
💪 Fully EVM-compatible, with BNB as its native token (no new token will be issued).
🧐 What it’s being built for: • trading • payments • privacy • AI agents
🎯 Target performance: • confirmation time under 50 ms • transaction throughput above 100,000 per second • transaction finalization time under one second
ℹ️ An official native bridge between BSC and NewL1 is planned.
🔶 An open discussion about the architecture is underway on the forum. The testnet is expected by the end of 2026, and the mainnet in early 2027.
ℹ️ Essentially, BNB Chain wants to move workloads that are already difficult to handle on the current BNB Chain to a separate network, while keeping everything within the ecosystem and using a single token.
🫠 I previously thought the opBNB network had been created for these purposes. It has good performance, but now a new architecture is being developed.
⭐️ This step could be very important for scaling. For now, it’s all “on paper,” but over the next 2–6 months, we may see a new direction for BNB use cases.
👀We are officially witnessing the largest wave of infrastructure investment in modern US history.
🔶The total investment in data centers and AI infrastructure is expected to average 3.63% of US GDP per year from 2025 to 2032— the highest share among major infrastructure projects since the 1800s.
🔶The previous largest investment—in rail infrastructure—accounted for 2.24% of GDP per year in 1870–1890.
⭐️It was followed by investments in highways, which averaged 1.13% of GDP in 1956–1973, while telecommunications and fiber-optic infrastructure averaged 1.10% in 1996–2003.
🔶For comparison: electrification accounted for just 0.50% of GDP in 1905–1925, and investments in canals were 0.66% in 1836–1841.
ℹ️This is happening amid forecasts according to which investment in AI infrastructure and data centers combined will reach ~US$10.3 trillion between 2025 and 2032.
ℹ️Building AI infrastructure is the largest infrastructure investment in modern US history.
ℹ️Based on the latest data, approximately $387.5 million was transferred to addresses controlled by the attacker across multiple networks.
ℹ️The updated figure reflects a more complete accounting of transfers that occurred during the incident, including affected assets in Zcash and TRON that were not included in the initial estimate.
Key figures from other companies expressed their willingness to help in this situation (although it seems that at Bitget there was so much money that no transfers were needed), while withdrawals are still unavailable and an update on withdrawals will be available in about 12 hours.
Withdrawals are promised to be returned “soon,” the exchange’s representative (Gracy Chen) is conducting a live stream on Twitter and answering all kinds of questions.
It’s interesting how much money will be sent to other exchanges as soon as such an opportunity opens up.
Not long ago there was a similar story with BYBIT, and Bitget was the assisting party there; now, however, the exchange is under attack.
First and foremost financially, but lately robbing large players has been under close scrutiny.
The image… Of course this incident will scare people. It’s not just the hack, but the very moment when it becomes impossible to withdraw your funds.
Another interesting point: Bitget in fact has a holiday—they’re celebrating 8 years—and exactly at this moment the hack happens.
Updates will be posted every hour on the official Twitter channel.
I hope everything will be okay.
#BGB #BITGET
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