You may not be very familiar with PayFi, but the narrative behind it could be the ignition point for the next bull market.
What is PayFi? How does it address the pain points of traditional payments? Why is it becoming the intersection of DeFi + Social? Who are the earliest beneficiaries? Which projects are already in the layout?
The recent recovery of the crypto market, with a significant rise in $BTC, is just the beginning. If you want to understand the trend before the market starts, this chart is worth spending 3 minutes on. ⬇️
It's not easy to organize, feel free to interact in the comments and share your thoughts. If there's any content you want to see, you can also let me know, and I'll arrange it~
In order to help everyone @KaitoAI yaps quickly surge, I have organized the super ICT of the Chinese crypto community. Please insert your replies into trending tweets, ask questions for further interaction, and this is how I successfully broke the zero. Below are the accounts of various big shots, and if there are any unreasonable places in the image, I hope everyone can be forgiving. Everyone is welcome to give a one-click three-way support.
L2 track projects are numerous, but only @MegaETH_Labs dares to do it like this: ❌ Not catering to the crowd ❌ Not pandering to traffic ✅ Right from the start, claiming to be the "Nasdaq engine of Web3" Sub-millisecond response, 10ms block time, parallel EVM, memory sorter ridiculously fast. Behind it is a formidable team that has @VitalikButerin, @ethereumJoseph, and @sreeramkannan all nodding in agreement. How can a project that even selects users on its testnet dare to shout "real-time blockchain"? This image tells you: what true performance brutality really means.
🦅$WLFI: Redefining the value of 'Trump supporters'. You may not understand DAO, not believe in NFT, but you cannot deny that this group is truly "speaking with their wallets". Behind it is Trump, MAGA, the on-chain comeback of American conservatism. Holding $WLFI on-chain, participating in voting, and joining the DAO is the true "Digital MAGA". Without further ado, let a picture help you understand the core asset of Trump's crypto empire, $WLFI👇
This morning, Powell spoke, and the crowd erupted.
Did you think he would come to harvest cryptocurrencies? Instead, he actually praised digital currencies and stablecoins, and even nodded in approval at the idea of "banking services for cryptocurrencies," something that was once unthinkable. It sounds like huge good news, as if spring is about to arrive in the crypto world. But don't celebrate too early—
In the same speech, he also poured a bucket of cold water: no interest rate cuts in the short term, significant inflation pressure, a surging dollar, and market turbulence... each point buried like landmines in the text. This isn't simply a bullish or bearish outlook. The cryptocurrency industry is at a critical juncture, facing both tailwinds and hurricanes.
If you are a player in the crypto space, now is the time to test your understanding. Should you get in? Get out? Or wait and see?
👇 Click here to understand the deeper implications behind Powell's speech.
The Core Logic of Making Money in Trading: Stop Getting Stuck on Rises and Falls, Space is the Key!
Brothers, trading this thing seems like a game of guessing whether prices will rise or fall, either they go up or down, how simple is that! But actually? It's not that simple at all. Rising and falling are just numbers, changing rapidly like flowing water; what's the use of staring at it? No use! No matter how good you are, claiming to be 100% accurate, just pick a time point at random, can you guarantee you will correctly predict whether it will rise or fall every time? Impossible! Why? Because rising and falling are not black and white; within rising lies falling, and within falling lies rising. They are like conjoined twins, inseparable. No matter how skilled you are, you can only have some grasp in familiar territory; do you think you can guess right anytime? Dream on! So, staring at the rise and fall is too narrow a mindset, not very meaningful. What does trading profit rely on? The core is two words: space! How far the price has run, that's the essence of real money. What about time? It has some use, but it doesn't directly give you money; it only manages efficiency. How many people have played trading for years, always entangled in rises and falls? What's going on? They haven't understood the essence of this game. What does making money rely on? Seeing the right direction? Yes, but also no. Yes, because you can only earn if the direction is right; no, because just seeing the right direction is useless! Buying the bottom at the lowest price, selling the top at the highest price, impressive, right? What’s the use? It’s of no use at all, not even enough to boast about. Why? Because you were only right about 1%, and you haven't dealt with the remaining 99%. What is that 99%? It's space! Direction is just a '1', space is the '0' that comes after it. If you add in capital management and trading techniques, you can add more zeros, and that’s what real profit feels good. Without space, no matter how good your capital management or how slick your operations, it’s all in vain. So, just guessing the rise and fall is useless; direction must be coupled with space to be valuable. But if you really understand space, even if you misjudge the direction, it doesn’t matter much; just pull the stop loss, flip back in, and the problem is solved, right? I'll tell you the truth: the foundation of trading is just two things: time + space. As for time, from the days of Gann until now, the patterns have been pretty much figured out; it’s quite mature. But space? That’s much harder; no one can fully crack it, and it’s impossible to do so. There’s no unified saying in the market, just some scattered experiences, and that’s the real expert’s hidden treasure, which no one will casually reveal. However, not being able to crack it is fine; just go with the trend, and everything will be sorted out. Life is like that; don’t take it too seriously, trying to understand everything is too tiring. Let’s relax a bit together, haha!
Arbitrum's ecological lending protocol Tender.fi is suspected of being attacked. Officials posted on social media that they are currently investigating an abnormal number of loans in the protocol and have suspended all loans.
According to the analysis of 0xScope researcher Bobie, this incident was caused by a white hat hacker. He left a message stating that Tender.fi’s oracle configuration was incorrect and tried to contact Tender.fi. It is currently estimated that US$1.6 million in funds were affected by this attack. Impact of events. TND (Tender.fi) fell nearly 50% in the short term and is now trading at $2.22.
The U.S. Securities and Exchange Commission (SEC) is increasing its staff and capacity to review, investigate, audit, examine and potentially prosecute securities law violations related to these new crypto products and trading activities.
It is reported that the new staff will include regulators, investigators attorneys, fraud analysts and trial lawyers, focusing on investigating violations of securities laws in the following areas: crypto asset issuance, trading, and lending and staking products; DeFi platforms; NFTs and stablecoins currency.
Sui development team Mysten Labs said it had officially signed a cooperation agreement with Alibaba Cloud at the Alibaba Cloud Day Dubai Summit 2023 yesterday to develop a sustainable Web3 ecosystem on Sui.
It is reported that in February, Mysten Labs reached a cooperation with Tencent Cloud. The two parties will expand the Sui ecosystem through cooperation in the fields of GameFi, payment and cloud services.
Reuters reported that Thailand’s Finance Minister Rachada Dhnadirek said that Thailand’s cabinet has approved exemptions from corporate income tax and value-added tax for companies that issue digital investment tokens to promote financing for listed and unlisted entities. The exemption applies to primary and secondary markets for companies and registered entities issuing ICOs. Investors in such tokens will also be exempt from VAT, but Utility Tokens will not qualify for tax exemption.
According to Reuters, the Thai government estimates that 128 billion baht ($3.71 billion) worth of investment tokens will be issued in the next two years, which may cause the Thai government to forgo 35 billion baht worth of tax revenue.
The Ethereum improvement proposal EIP-6147 proposed by 10K Universe has been moved to the final version (Final). This standard is an extension of ERC-721 and separates the holding and transfer rights of NFT and soul-bound tokens (SBT). And a new role is defined, namely guard (expiration time can be set). The flexibility of guard settings makes NFT anti-theft, NFT lending, NFT leasing, SBT and other designs possible.
EchoVC, a venture capital firm headquartered in Lagos, Nigeria, has launched EchoVC Chain, an $8 million pilot blockchain seed fund that will focus on fintech infrastructure, including infrastructure that uses stablecoins to optimize payments, liquidity and fund management. ), DeFi, NFT, DAO, digital identity and privacy.
On February 1, DeFi protocol GMX announced an in-depth cooperation with the Binance incubation project dappOS. The GMX platform preview product integrated with the dappOS SDK was officially launched, allowing users to seamlessly use GMX functions directly from the BSC wallet. According to the dappOS development roadmap, the GMX platform will also be launched in February to support ETH users using both the Avalanche and Arbitrum chains, and will implement intelligent recommendations based on rates and liquidity. It is reported that dappOS is a Web3 operating system incubated by Binance. Recently, Perpetual, Benqi, QuickSwap, MakerDao, Avalan
GMX and dappOS reach cooperation, BSC users can directly use GMX functions
On February 1, DeFi protocol GMX announced an in-depth cooperation with the Binance incubation project dappOS. The GMX platform preview product integrated with the dappOS SDK was officially launched, allowing users to seamlessly use GMX functions directly from the BSC wallet. According to the dappOS development roadmap, the GMX platform will also be launched in February to support ETH users using both the Avalanche and Arbitrum chains, and will implement intelligent recommendations based on rates and liquidity. It is reported that dappOS is a Web3 operating system incubated by Binance. Perpetual, Benqi, QuickSwap, MakerDao, Avalanche, KyberSwap and other agreements have also reached in-depth cooperation with dappOS. In order to encourage users to experience multi-chain integration technology, dappOS will work with GMX to issue interactive airdrops to the first batch of users to experience it.
According to The Block, BitDAO launched the modular Ethereum Layer 2 network Mantle. BitDAO said the network stack consists of three layers, one for transaction execution, while the other two handle transaction completion and data availability respectively. Mantle’s transaction fees will be paid using BIT tokens, and it plans to launch an incentivized testnet next year.
Uniswap tweeted that it has officially launched its NFT platform and will airdrop approximately 5 million USDC to historical Genie users and provide gas returns to the first 22,000 NFT users.
It is reported that Uniswap’s NFT aggregator provides lists from all major NFT markets, including OpenSea, X2Y2, Sudoswap, LooksRare, etc. Universal Router smart contracts can save 15% of gas costs.
X2Y2 announced that it will enforce royalties on all collections. An hour ago, X2Y2 used OperatorFilter to remove the "flexible royalty" setting for all newly listed NFTs. Royalties are also imposed on listed NFTs for a more unified and smoother user experience.
According to The Block, European NFT utility platform Tropee completed a US$5 million seed round of financing, led by Tioga Capital, with cryptocurrency founders such as Sébastien Borget of The Sandbox, Thibault Launay of Exclusible, Grégoire le Jeune of Geometry and Gem founder Lorens Huculak Also participated in the equity financing that closed in August. The company did not disclose valuation information.
It is reported that Tropee aims to inject utility into NFTs by helping brands easily create user experiences from their collections.
Rockstar Games, the developer of Grand Theft Auto, prohibits developers from integrating cryptocurrencies or crypto-assets such as NFTs on GTA servers.
In July, Minecraft developer Mojang Studios banned the use of NFTs on its servers. Valve, which operates the games store Steam, has said it does not want NFTs on its platform. Valve rival Epic Games has been more neutral. Fortnite developers have allowed several games using NFTs to come to the Epic Games store.
According to CoinDesk, after Saudi Arabia defeated the favorite Argentina 2:1 in the Qatar World Cup group stage, the sales of the Saudi-themed NFT series "Saudis" surged 387%, while the Argentinian fan token ARG fell 24.82 in the past 24 hours. % and the current price is $5.28.
It is reported that fan tokens experienced a sharp correction before the World Cup started, and other fan tokens including Portugal (POR) and Brazil (BFT) all fell on Monday, underperforming Bitcoin (BTC) and Ethereum (ETH) ).