Beware of pitfalls! A user suffered a loss of approximately 4 million yuan in assets due to purchasing a cold wallet on JD.com.
Slow Fog Technology recently revealed a shocking coin theft case: a user purchased a certain brand of hardware wallet through unofficial channels, and the 4.35 BTC deposited instantly evaporated. Investigations found that the device had been pre-initialized by an attacker before delivery — it’s like buying a safe that has already been preset with a password, and the scammer already has control over the mnemonic phrase. When the user thought they were safely depositing Bitcoin, the funds actually fell into the hacker's pocket.
⚠️ Self-rescue Guide 1. Verify the Channel - Only purchase from officially certified channels, refuse third-party platforms' “low-price promotions” - Check if the seal is intact, refuse damaged packaging
2. Firmware Verification (Key!) - Force a reset of the device to generate a new mnemonic phrase upon first startup - Verify the firmware signature using official tools (e.g., Ledger's Genuine Check).
3. Simulated Attack and Defense - After depositing a small amount of assets, try to manually restore the wallet to verify the exclusivity of the mnemonic phrase - Regularly check if the receiving address matches what the device displays
‼️ Blood and Tears Revelation The ultimate vulnerability of blockchain security lies forever between human gullibility and operational inertia. Wallets are an important weapon for protecting our assets, and we must not be tempted by small savings to purchase cold wallets from unofficial channels!
In ten years, Ethereum has had zero downtime and zero maintenance, like an interstellar spaceship that never stops, traversing the dark night and dawn of the crypto universe.
From the spark ignited by a white paper to today, where DeFi, NFT, and DAO illuminate the new frontiers of human collaboration.
Ethereum has proven with code: the belief in decentralization can build a Tower of Babel in the void.
Ethereum has been continuously running for ten years, with zero downtime and zero maintenance.
Meanwhile, Facebook crashed for 14 hours, Cloudflare abandoned 19 data centers, and other Layer 1 networks have experienced multiple issues.
Ethereum will never stop, whether due to forks, crashes, bubbles, lawsuits, hacks, or any dramatic events that the internet may trigger. Despite bank failures and servers needing repairs, Ethereum continues to operate.
The Top 5 Tokens with the Most Significant Price Increases in the Ethereum Ecosystem
🎂 Ethereum's 10th Anniversary, will it usher in new highs for ETH and its ecosystem?
I have compiled the performance of the Ethereum ecosystem from the low in September 2024 to the high in December, selecting the top 5 reliable players with the most significant price increases to share with everyone. Although it cannot completely capture the essence, it can still indicate some styles and financial strength of the backers.
1️⃣ Ethena (ENA)
Ethena is a synthetic dollar protocol providing USDe stablecoin and 'Internet Bond', managing crypto asset volatility through delta hedging strategies. TVL: As of July 2025, Ethena's TVL is $1.45 billion.
📅 This Week's Major Macro Events (July 28, 2025 - August 1, 2025) 📅
📌Wednesday (July 30) 1️⃣20:15, US July ADP Employment Change (10,000), expected 75, previous -35 2️⃣00:00, China-US Economic and Trade Talks
📌Thursday (July 31) 1️⃣20:30, US Initial Jobless Claims for the week ending July 26 (10,000), previous 217 2️⃣20:30, US June Core PCE Price Index Year-on-Year, expected 2.70%, previous 2.70% 3️⃣02:00, Federal Reserve FOMC Interest Rate Decision Announcement (Market Focus!) 4️⃣02:30, Federal Reserve Chairman Powell Holds Monetary Policy Press Conference (Key to Understanding Policy Direction!)
📌Friday (August 1) 1️⃣20:30, US July Seasonally Adjusted Non-Farm Payrolls (10,000), expected 102, previous 147 2️⃣22:00, US July ISM Manufacturing PMI, expected 49.6, previous 49 3️⃣22:00, US July University of Michigan Consumer Sentiment Index Final Value, previous 61.8 4️⃣Implementation of Hong Kong Stablecoin Regulations
The same article has thousands of views on Binance Square On Twitter, this new account is really getting no traffic at all
Moreover, the traffic on Binance Square seems more authentic, with some posts having less than a hundred views To the senior members here, I want to ask how your earnings are?
Sun Yuchen Under the Nasdaq Bell: A Decade of Entrepreneurship, 10 Billion Assets, and an Unending Ambition
On the evening of July 24, the bell rang at the Nasdaq in New York – that man who released Buffett's dove stormed into the main board of the US stock market with his TRON (TRX)!
Sun Yuchen, the most disruptive 90s kid in the crypto world, turned a loss-making toy factory (SRM Entertainment) that sold 'Smurf water bottles' into a new battleship of crypto capital. A shell company that lost 4.34 million last year became a skyrocketing stock with a 647% surge in his hands!
💠 Ten years of entrepreneurship, from ridicule to a net worth of 10 billion.
Sun Yuchen's business trajectory has always hovered at the center of controversy and traffic vortex...
In 2013, he returned to China as the 'Chief Representative of Ripple Labs Greater China,' founded Ripple Technology backed by IDG Capital, and self-proclaimed 'disciple of Jack Ma' to become one of the first students at Lakewood University. This marketing combination of 'hitching a ride on giants' was met with skepticism from the industry about exaggerating partnership identities, but it laid the groundwork for his original gene of 'rising by leveraging others.'
3 minutes to take you through cryptocurrency news (2025.7.25)
📅 July 25, 2025
💹 Mainstream cryptocurrency market 💹
BTC Price: $116,123.22 (24H: -2.57%) 4-hour chart: Symmetrical triangle converging, upper resistance at $119,200, lower support at $116,000, volatility continues to narrow, facing a choice of direction.
Daily level: A reverse head and shoulders pattern has been broken, with the neckline at $112,000. If it holds this position on a retracement, it may attack the psychological level of $120,000; if it breaks below, it may pull back to $108,000.
ETH Price: $3,622 (24H: -2.88%)
Volume-price divergence: Despite a 24H drop of 2.88%, last week's spot trading volume reached $25.7 billion, surpassing BTC ($24.4 billion) for the first time since June 2024.
📰 News Brief 📰
1️⃣ The US spot Bitcoin ETF had a net outflow of $89.05 million yesterday, while the Ethereum ETF had a net inflow of $404 million. 2️⃣ Strategy plans to increase the fundraising scale for purchasing Bitcoin to $2 billion. 3️⃣ USDC Treasury added 100 million USDC minted on the Ethereum chain today. 4️⃣ Tether Treasury added 2 billion USDT minted on the Ethereum chain today. 5️⃣ The probability of the Federal Reserve maintaining interest rates in July is 95.9%. 6️⃣ JPMorgan: Year-to-date capital inflows into the cryptocurrency market have reached $60 billion, with increased investor interest in altcoins. 7️⃣ Sun Yuchen appeared at the Nasdaq TRON.Inc renaming bell-ringing ceremony.
‼️Is Pump.fun in big trouble? 2 billion PUMP tokens transferred to exchanges, is the price going to crash?
Recently, the meme coin platform Pump.fun, which has been popular in the Solana ecosystem, seems to have gotten a bit "too hot"—not only has it been jointly sued by two law firms, but it has also been revealed that 2 billion PUMP tokens (approximately $6.95 million) were rapidly transferred to Bybit exchange by institutional investors. Once this news broke, the crypto community exploded with speculation: Is PUMP going to collapse? Today, let's discuss this wave of lawsuits and the risks of PUMP's decline, trying to clarify it in plain language!
⚠️Pump's Fourfold Crisis
1️⃣Market Share Decline Pump.fun was once the "big brother" in the Solana meme coin space, relying on a simple and crude coin issuance model, with a market share exceeding 70% at one point. However, according to the Jupiter data dashboard, in the market share ranking of Solana coin issuance platforms over the past 24 hours, LetsBONK has surpassed Pump.fun with a market share of 48.9%. The daily average token issuance and trading volume of Pump.fun are both declining.
2️⃣RICO Lawsuit Escalation Burwick Law and Wolf Popper have listed the Solana Foundation, Jito Labs, and others as co-defendants in the Pump.fun case, accusing them of securities fraud and illegal activities, and citing the Racketeer Influenced and Corrupt Organizations Act (RICO). The RICO Act allows for the retroactive criminal liability, far exceeding the power of ordinary securities lawsuits, with the most severe outcomes potentially triggering asset freezes and the platform being forced to shut down.
3️⃣Token Model Flaws PUMP unlocked 330 billion tokens (33% of the total supply) right from the start, and the team indirectly controls a significant number of tokens through the foundation, with voting rights possibly exceeding 46%. If the lawsuit continues to escalate, this highly concentrated token distribution and full circulation model may lead to insufficient market liquidity, making it vulnerable to large sell-offs.
4️⃣Whales Suspected of Exiting According to on-chain analysis, institutional addresses transferred 2 billion PUMP (approximately $6.95 million) to Bybit within 24 hours, setting a recent record for the largest single-day outflow, indicating that some institutions may already be exiting.
If you hold PUMP or are considering buying, it's advisable to stay calm. PUMP's current situation is a bit like "sitting on a powder keg." For those looking to play, remember to control your position and don’t go all in; for those observing, keep an eye on the lawsuit’s progress and market sentiment, and don’t let FOMO cloud your judgment. The crypto world has risks, so enter with caution!
📈The Altcoin Season Index Soars 358%! CZ Calls Out: The FOMO Wave Has Arrived
Family, CZ has called out: "The Altcoin Season Index is rising, the FOMO button has been activated," have you hopped on board?
The Altcoin Season Index (ASI) is used to measure the performance of the top 100 altcoins relative to Bitcoin over the past 90 days, with a breakthrough of 75 marking the official arrival of the altcoin season.
According to CoinMarketCap data, the ASI has surged from a low of 12 in April to 52 on July 23, a rise of 358%, reaching a new high since February 2025, with only 13 points left to reach 75.
Let’s analyze from multiple dimensions whether the altcoin season has truly arrived.
1️⃣Technical Analysis Past altcoin seasons (such as 2017 and 2021) often accompanied Bitcoin's sideways movement or pullbacks. Comparing to the 2020-2021 altcoin season (where the index rose from 30 to 90), Bitcoin's dominance fell from 70% to 40%, while the total market cap of altcoins surged from $200 billion to $1.6 trillion.
This time, the altcoin season started after Bitcoin broke through the new high of $123,000, and the funds have begun to rotate, with Bitcoin's dominance (BTC Dominance) dropping sharply by 4.6% in a week, from 66% to 61.4%, clearly showing that funds are flowing into altcoins.
2️⃣Capital Market A rise inevitably requires enough "ammunition" as support.
Coinglass shows that the total market cap of on-chain stablecoins has surpassed $245 billion (with USDT alone accounting for $150 billion!), and the balance of exchange stablecoins has increased by 12% week-on-week — all of which is "smart money" ready to rush into altcoins!
Don’t be fooled by ETH’s recent pullback; spot ETFs have seen a net inflow for 14 consecutive days, totaling $332 million over these days.
Additionally, publicly listed companies are pouring into cryptocurrencies, and this whale capital is cascading like a waterfall into the crypto space!
3️⃣Trading Volume and Market Sentiment During FOMO, the activity on-chain will show significant changes. According to official data from HyperliquidX, as of July 21, the platform had 3,056 new users, totaling 572,868 users, with over 1.16 billion trades conducted and a total trading volume of $15.6 billion. In terms of trading volume and user numbers, it can almost rival the DEXs launched in the last two cycles.
🧐Do you think the altcoin season has arrived? Share your thoughts in the comments below!
3 minutes to bring you the latest cryptocurrency news (2025.7.24)
📅 July 24, 2025
💹 Mainstream cryptocurrency market 💹 BTC price: $118,270 (24H: -0.24%) Technical pattern: The 4-hour chart shows a symmetrical triangle convergence, with resistance at the upper edge $119,200 and support at the lower edge $116,000; after breaking through the inverse head and shoulders pattern on the daily chart, it retested the neckline at $112,000. If it stabilizes, it may challenge $120,000.
ETH price: $3,622 (24H: -2.88%) Last week, ETH spot trading volume reached $25.7 billion, surpassing BTC ($24.4 billion) for the first time since June 2024, with significant signs of capital rotation.
📰 News Overview 📰 1️⃣ The Solana ecosystem token issuance platform LetsBONK announced it will use 1% of the total protocol revenue for repurchasing the top Meme tokens in the BONK ecosystem. Recently, LetsBONK's various metrics ranked first among Solana ecosystem token issuance platforms. 2️⃣ Goldman Sachs and BNY Mellon launched a tokenized money market fund, in collaboration with BlackRock and Fidelity, targeting a $7.1 trillion market. 3️⃣ Glassnode indicators triggered, with the altcoin index approaching the 70 threshold. 4️⃣ PENGU's market capitalization surpassed BONK, becoming the largest market cap Meme coin in the Solana ecosystem. 5️⃣ Hilbert Group and LDA Capital reached a $15.8 million financing agreement to increase their Bitcoin holdings. 6️⃣ Yesterday (Eastern Time July 23), Ethereum spot ETF had a total net inflow of $332 million, with a continuous net inflow for 14 days, while Bitcoin spot ETF had a total net outflow of $85.9628 million, with a continuous net outflow for 3 days.
⚠️ Millions of tokens unlocking? A short-selling opportunity you cannot miss!
Today, two tokens will see a massive unlocking — the modular blockchain project Avail (AVAIL) and the emerging Layer2 platform SOON will simultaneously launch large-scale token unlocks, with a total exceeding 1 billion tokens.
💠Avail Will release 972.85 million tokens at once (accounting for 38.23% of the circulating supply), valued at approximately $18.9 million, with 500 million tokens allocated to the core team and 353 million tokens flowing to institutional investors.
This unlocking accounts for 57.99% of its unlockable supply and is a one-time release (Cliff Unlock), which will instantly impact market liquidity.
‼️ This is Avail's first unlocking! Historical experience tells us that such “first times” are often the most “bloody” — early investors and the team have held back for so long, and now that the tokens can finally move, those “selling to improve life” little thoughts, you know what I mean?
Think about it, now the entire market cap of AVAIL is only around $500 million, and suddenly nearly 40% of “new goods” are flooding in, the price pressure in the short term feels like climbing a mountain with an elephant on your back.
💠Soon Will unlock 41.88 million tokens (accounting for 22.41% of the circulating supply), valued at approximately $6.1 million.
‼️ Does the unlocking amount seem smaller? But don’t forget, its fully diluted valuation (FDV) is as high as $900 million, and if the TVL is less than $5 million after the mainnet goes live, the FDV/TVL ratio will exceed 18 times, much more “expandable” than those established L2s like Optimism and Arbitrum.
Meanwhile, on July 5, SOON experienced a “highly coordinated sell-off attack,” causing a flash crash in coin price. Although the project party denies that the team and market makers were involved, market confidence has already been severely damaged. Guess whether the team will support the price this time or just let it drop first?
The above is purely personal chatter, not investment advice, please DYOR.
3 Minutes to Keep You Updated on Cryptocurrency News (2025.7.23)
📅 July 23, 2025
💹 Main Cryptocurrency Market 💹 BTC Price: $118,752 (24H: +1.31%) Short-term Resistance Level $120,000, Support Level $117,000
ETH Price: $3,716.66 (24H: +0.87%) $4,000 is a strong psychological barrier, if broken, it may attract more institutional attention
📰 News Highlights 📰 1️⃣ U.S. Congress releases a draft discussion on cryptocurrency market structure 2️⃣ Spacex transfers $152 million worth of BTC for the first time in three years 3️⃣ Telegram's cryptocurrency wallet is now available to 87 million users in the U.S. 4️⃣ South Korea will advance legislation on "short selling of virtual currencies" and plans to introduce stock market-level regulation 5️⃣ Sei TVL rises over 50% to $680 million, setting a new all-time high 6️⃣ Yesterday (Eastern Time July 22), Bitcoin spot ETF saw a total net outflow of $67.9322 million, while Ethereum spot ETF saw a total net inflow of $534 million, the third highest in history 7️⃣ BNB breaks $800, reaching an all-time high, with market capitalization surging to over $110 billion, surpassing Solana to secure the fifth position in the cryptocurrency market