Two things today:

(1) I will not participate in deposits for the new L2blast created by the founder of blur.

My blur has already participated in the activity of staking to obtain blast, and I can no longer place another asset (eth) on the same project at the same time. If something goes wrong with blast, my eth and blur will go wrong at the same time, and I cannot afford this result. So for blast, I will only participate by staking blur, and will not use eth to deposit. At the same time, I looked at the data and found that more than 20,000 people have deposited into blast in just one day. If you don’t participate with large funds, I guess you don’t have many points. The way I get blast points by staking blur should be far better than using a little eth to deposit.

(2) Binance incident

The general content of this Binance incident includes:

1. Binance was fined US$4.3 billion and settled with the United States, and CZ was personally fined US$50 million.

2. CZ is about to leave his job and will no longer be allowed to participate in any business management of Binance within 3 years. At the same time, cz’s sentence will be judged in a final trial in 6 months. He is now expected to be sentenced to 18 months in prison.

3. The United States retains access to Binance’s ledger data for five years. In other words, for the next five years, Binance’s data must be disclosed to the United States.

The Binance incident has had a great impact on the industry. The largest exchange has finally bowed its head, which means that the industry has begun to officially turn to compliance, which is a sign that the industry is transitioning from the early to the mid-term.

Binance’s ledgers and systems will be accessible from the United States at any time within five years, which means that many funds that manipulate tokens will have nowhere to hide, or at least they will not dare to mess around on the Binance exchange anymore.

, including Binance’s own listing of tokens or IEO in the future, it will be very strict. These manipulated funds will flow to small exchanges or decentralized exchanges in the future.

In a word, the barbaric era will eventually pass, and market manipulation will be greatly reduced. At the same time, in terms of long-term trends, the future of def decentralized projects is getting brighter and brighter, and the trend is becoming more and more obvious.