At 37 years old, worth 120 billion, he tops this year's youngest billionaire.
A super new rich person is born. Edwin Chen, this Chinese face is becoming the new AI overlord. According to (Forbes), the Surge AI he founded is conducting a $1 billion Series A financing, corresponding to a valuation of approximately $24 billion (approximately 171.2 billion yuan). Graduating early from the Massachusetts Institute of Technology, Edwin Chen has worked at hedge funds, Google, Facebook, and other companies, until he personally entered entrepreneurship at the age of 32. Over the past five years, Surge AI has never raised external financing, yet achieved annual revenue exceeding $1 billion, making it a legendary AI startup. AI wealth creation is astonishing. Now, Edwin Chen, holding 75% of the company's shares, has a net worth of $18 billion (approximately 128.1 billion yuan), making his debut as the youngest billionaire in this year's (Forbes) list in the United States.
I admire Trump, who manages to make money in his business while being president. YouTube actually agreed to compensate Trump $24.5 million because in 2021 YouTube banned Trump from speaking. Thus, Trump's settlement has approached $100 million, as companies like ABC, CBS, and Meta have already paid compensation. $SOL
The housing price bubble in Yanjiao and Gu'an has been completely squeezed dry. Five years, a full five years. Those who rushed in back then, thinking about getting rich overnight, probably can't even cry now. Standing guard on the mountaintop isn't a pleasant experience, is it? Now it's good, the bubble is gone, the speculators have fled, and what's left is the purest residential value. What does it mean? It means that if you have a genuine need, you want to get married, settle down, and have something to look forward to every day, you don't want to drift anymore. Now is just the right time to get in. You're not buying a financial product that can make you rich; you're buying a real home. At least, you don't have to worry about becoming the next person standing guard on the mountaintop. Spend less, buy something solid, this deal won't lose. $BNB
Binance launches a white label "Crypto-as-a-Service" solution for traditional institutions On September 29, according to The Block, Binance announced the launch of the white label "Crypto-as-a-Service (CaaS)", providing regulated financial institutions and brokers with backend infrastructure for spot/futures trading, liquidity, custody, compliance, and clearing. Institutions retain the front-end experience, brand, and client relationships, and can conduct internal "best-price" matching while accessing Binance's global order book to optimize execution and spreads. This solution will begin to be gradually rolled out in September, with full support expected by the end of 2026; CaaS includes the "Client Management" feature, supporting client segmentation, fee enhancements, and personalized trading configurations. $BNB
Zong Fuli wants to change the brand, the original 'Wahaha' is no longer called that, a new one called 'Wawa Xiaozong' is created, but immediately a 'Huxiao Wa' popped up in Shanghai.
On the Wahaha side, Zong Fuli said she wanted to change the brand, the original 'Wahaha' is no longer called that, a new one called 'Wawa Xiaozong' is created, but immediately a 'Huxiao Wa' popped up in Shanghai, led by Zong Wei, all family members. There used to be many factories, all relatives of the Zong family. When Zong Qinghou was in charge, he divided the production lines among relatives, each line was managed by a different head, typical family model, the factory was just a circle of relatives, and no one spoke out. Zong Fuli came on stage, and the situation changed. In July this year, she first took back the authorization of that brand in Shanghai, which is Zong Wei's territory. Zong Fuli means it has to be unified, the power has to be reclaimed, the factory was directly shut down, and in September, another notice was issued, saying that starting in 2026, they would uniformly use 'Wawa Xiaozong', and the old 'Wahaha' would no longer be used. The reason is some historical legacy issues, the trademark is risky, in short, it means it has to be changed, and she will take charge of the new brand herself.
Wang Jianlin has been restricted from high consumption, and previously, Wanda Group was subject to forced execution exceeding 400 million RMB
According to reports from Cover News, the Qichacha APP shows that recently, Dalian Wanda Group Co., Ltd. and its legal representative Wang Jianlin have been restricted from high consumption.
Previously, according to reports from Yicai, the China Execution Information Disclosure Network shows that recently, Dalian Wanda Group Co., Ltd. has added a new piece of information on being enforced, with an execution target of over 400 million RMB, and the enforcing court is the Beijing Financial Court.
The Ai Qichacha App shows that Dalian Wanda Group Co., Ltd. was established in September 1992, with Wang Jianlin as the legal representative and a registered capital of 1 billion RMB. The business scope includes import and export of goods, import and export of technology, and general domestic trade. Shareholder information shows that the company is jointly held by Dalian Hexing Investment Co., Ltd. and Wang Jianlin. Risk information shows that the company currently has multiple pieces of information on being enforced, with a total amount exceeding 5.3 billion RMB. In addition, multiple company shares held by the company have been frozen.
"Paper tiger, a real great power doesn't need to fight for 3 and a half years," Trump's words were very insulting to Russia. On September 23rd, Trump suddenly made a 180-degree turn. He first sarcastically said during his speech at the UN General Assembly: Everyone thinks Russia will win this conflict in 3 days, but that's not the case. This should have been a brief minor conflict. Then Trump further stated on social media: The Russians have been fighting for 3 and a half years, while a real strong nation could end this conflict in less than a week, making Russia look like a 'paper tiger.' Regardless of the political signals Trump's words convey, this is clearly very insulting to Russia. In fact, it’s not just Trump who thinks this way. When the Russia-Ukraine conflict first broke out, the consensus was that the military disparity between Russia and Ukraine was too great, and the Russian side would likely end the conflict in a few days. At that time, the U.S. even advised Zelensky to quickly leave Kyiv for Lviv. Putin himself also had high confidence; later disclosed information revealed that he planned to hold a military parade in Kyiv's Independence Square after capturing Kyiv to symbolize the reunification of Russia and Ukraine. However, the situation later took the world by surprise. The Ukrainian military not only defended Kyiv but also regained a considerable amount of lost territory, engaging in back-and-forth battles with Russian forces in eastern Ukraine, ultimately leading to a stalemate. To this day, Russian troops have been outside the Red Army City for more than a year without fully surrounding it, and as for completely taking over Donbas, it seems that Russian forces will need to fight for a much longer time. $T
Stop saying that Lan Zhanfei is regrettable. After analyzing his last week of activities before being banned, I realized that this guy was simply "self-destructing during the livestream". You can see how spectacularly he performed this "self-destruction trilogy": On September 18th, Lan Zhanfei posted a show-off travel video of Guangxi on Xiaohongshu. His inferiority complex is ingrained in his bones, so he enjoys the feeling of pretending to be a pig to eat a tiger. But in fact, his looks are really his Achilles' heel, making it hard for him to stay calm for long periods. His knowledge and learning are insufficient to support his ability to remain composed. With his current wealth, he could spend endlessly; having an account doesn't matter much to him. If it comes down to it, going back to his old profession of gaming is more comfortable than for an average person. These people are used to their fans responding instantly during livestreams, and suddenly losing that is hard for others to imagine. Moreover, when an ordinary person suddenly becomes rich in a short time and then loses their source of income and influence, whether they can maintain their huge wealth is another question altogether. $LN
Today I watched the news about Wang Jianlin being restricted in height, A friend of mine who is a supplier for Wanda, Said a sentence to me that completely overturned my perception. He said that if one day, even if Wang Jianlin only has one Wanda Plaza left in the country, it would still be an impressive existence. He has not run away after failing the 'blocking agreement', continuously saving himself, and is worthy of the investors. Wanda's model has allowed small and medium-sized businesses to make money, and to this day, each Wanda is probably one of the best business circles in each city. Moreover, this person has the ability, he has not given up, nor has he laid flat, he is working very hard to pay off his debts. So no matter what he does, the government and his business partners should support him. As long as the timing is right, everyone will definitely be willing to help him, and he will definitely have a chance to revive. The most important thing here is his ability and his credit. To be honest, compared to some people, he is already very responsible and accountable, don't you all agree? $W
Lombard (BARD) goes live on Binance, expected to become the 'key' to activating trillion-dollar Bitcoin liquidity.
On the evening of September 18th at 19:00, the highly discussed Lombard token BARD finally landed on Binance, which is definitely a landmark event for those who have been following the development of the Bitcoin DeFi ecosystem. I have been paying attention to the Lombard @Lombard Protocol project for some time; its underlying concept and the development momentum it has already shown are indeed promising. This time, Binance's HODLer airdrop allocated 10,000,000 BARD (1.00% of the maximum total supply of the token) to BNB holders. Friends who participated earlier with BNB in capital preservation or on-chain earning have likely received a 'surprise' in their accounts. This once again demonstrates the long-term value of participating in ecological activities like those of Binance.
Zhao Changpeng confirmed that Aster has several former Binance employees, and YZi Labs holds a minority stake in Aster. On September 28, Zhao Changpeng retweeted and confirmed on platform X that the perpetual contract DEX Aster has several former Binance employees, and YZi Labs holds a minority stake in Aster.$ASTER
$Sats This scoundrel hasn't changed at all over the years, raising prices to lure in more buyers, dumping and crashing prices, and harvesting at the cliff! I've been reminding everyone not to fall for it these past few days, right? No one has fallen for it, I hope? You all don't need to thank me, my name is Lei Feng. $S
唐华斑竹
--
Bearish
Sats has been completely driven crazy by my insults! The more I scold him, the more he rises, and now he is completely insane, heading for a double! Damn it! Should I chase?! Or should I short here?
Sats has been completely driven crazy by my insults! The more I scold him, the more he rises, and now he is completely insane, heading for a double! Damn it! Should I chase?! Or should I short here?
I can't believe you! I said you're fake and scamming, and you just keep raising the stakes, right?! How many more people will this trash Sats deceive? So much hype, and then another guillotine directly cutting it down?! How many times have you played this old trick? Do you still want to harm others?! I will absolutely not be fooled again! Dead trash inscription! $T
Binance Alpha will launch Falcon Finance (FF) on September 29 Binance Alpha will become the first platform to launch Falcon Finance (FF) on September 29. Eligible users can go to the Alpha event page to claim airdrops using Alpha points after Alpha trading opens. Specific details will be announced separately. $F
Selling a phone turned into a Level One Involved Case, successfully fighting back and getting it unfrozen
I just saw a friend mention how they had their card frozen after selling a phone on Xianyu, and how they were classified as a Level One Involved Party. They shared their struggle to fight back and finally get it unfrozen, so I’m passing it on for everyone’s reference. In April, I listed a second-hand phone on Xianyu, and ended up meeting a buyer who insisted on going offline, saying it would save some transaction fees. I didn’t think much and softened my heart to agree. Goodness, as soon as the money arrived, my card was instantly marked as a 'Level One Involved Account'! It was directly frozen by the local police... 😱 It was my first time being labeled as a 'suspect in fraud'; I was really weak at the knees!!