Crypto-Natta

🤡 Shi Yongxin knows blockchain better than you
According to reports: Shi Yongxin used the anonymity feature of crypto to first funnel ticket sales, incense offerings, and commercial income into a pre-set account, and then quickly exchanged the funds for BTC through mixers and underground exchanges controlled by money launderers to evade foreign exchange controls. Once, government subsidies of tens of millions were claimed to be used for a Buddhist propagation base, and within three days, all were bought into BTC, ultimately flowing back into the country under the guise of mining procurement costs.
#释永信 #BTC $BTC

Is this for real this time?
$ETH

Brothers😭 I was cut by the潮玩鲨
The gems I exchanged were bought at 1 gem for 1 dollar
I asked the person in charge at that time and they said it couldn't be redeemed, the reason is unclear
They said it seems like the project party has run away🤡
Are there still players in the game? You should go and see if you can still get your money out
#割韭菜 $BTC

☔️Across Protocol team manipulates DAO governance votes, misappropriating $23 million?
The incident once again reveals the core contradiction of DAO governance: the ideal of decentralization versus the reality of centralization. When a team can manipulate votes and misappropriate funds through shadow wallets, the so-called "self-governance" is just a carefully designed governance theater?

🩶Three key issues
1⃣Excessive concentration of token power
Governance tokens held by institutional investors and teams have instead become tools for "self-dealing"

2⃣Insufficient voting transparency
Current DAOs lack real-time voting traceability tools, making it difficult to identify manipulation behavior

3⃣Lack of oversight and checks and balances
Traditional industry's "self-dealing prohibitions" hardly exist in the crypto space

🐰The industry needs to move from romanticism to pragmatic reform. True decentralization is not about eliminating authority, but about designing technology to constrain power.
🍝The Across incident is not the first, nor will it be the last DAO governance failure case. But each crisis is an opportunity to drive the upgrade of governance paradigms—after all, the ultimate value of blockchain lies not in eliminating human weaknesses, but in making wrongdoing unprofitable.
$SOL

Crypto circle 365 days 300 days stolen....
Good good good, even news platforms are not spared.
The environment is really bad, hackers have reached a new height
#黑客

🌏 The Distance Between Domestic and Cryptocurrency Circles: Still Too Far
Just open any industry news app, and the screen is filled with valuable news that is all from abroad.
🪻 Looking at the overseas cryptocurrency scene thriving—Coinbase's stock price hitting new highs, the U.S. establishing a Bitcoin strategic reserve, tokenized stock platforms getting approved... then looking back at the domestic scene, aside from occasional movements in Hong Kong, the mainland is almost 'insulated' from cryptocurrency. One can't help but wonder: have we fallen too far behind?
🌿 However: The Current Situation of the Domestic Cryptocurrency Circle - The Magical Reality in Non-Farming Fields
Overseas: Coinbase's stock price soars to new heights, the U.S. is seriously working on a Bitcoin strategic reserve, and even tokenized stocks are being regulated. They are playing financial innovation, while what are we doing?
Ordinary people don’t know what web3 blockchain is, can’t distinguish between PI and IP, think BTC is a scam, but various 'blockchain Ponzi schemes' bloom everywhere; just changing the label to 'Metaverse' or 'Web3' allows them to scam widely, while in Hong Kong, getting a stablecoin license takes half a year, and the U.S. SEC is almost clear on regulating exchanges.
· Real innovations (like cross-border digital RMB) are progressing slowly, while the scammy projects are running fast.

🙅‍♂️ Ordinary people don’t not want to participate, they just can't distinguish which are opportunities and which are traps. The final result: serious players are stuck by policies, while scammers revel in the gray area~ To put it bluntly: it’s not that the technology can't keep up, but that the gap in cognition and regulation is too deep. Completely opening up to let the market shuffle would take another 20 years; right now, with strict measures against chaos, everyone has nothing to do—this state of 'verbal prohibition but actual freedom' is truly terrible.
#香港加密概念股

🚨【Warning】Solana Treasury Stock Upexi Plummets 60% in One Day! Is Wall Street's 'Buy' Rating a Joke?

Last night, U.S. listed $UPXI (Upexi) flash crashed over 60% during trading, closing at only $3.97. Ironically, just a week ago, Wall Street investment bank Cantor set a target price of $16, boasting that 'Solana is the future of finance.' What happened? Early investors collectively fled, with 43.85 million shares resold, crashing the stock—this company’s price skyrocketed 600% in April with the story of 'going all in on SOL'.
Upexi is not an isolated case. All Solana Treasury stocks rated 'Buy' by Cantor have been wiped out:
$DEFI (DeFi Development) has fallen 53% from its peak
$SOLS (Sol Strategies) has fallen 60% from its peak
Ethereum version of MicroStrategy $SBET (SharpLink) is in worse shape, with a single-day drop of 70% following PIPE sell pressure.

📌 My Opinion:
1️⃣ Wall Street's 'Buy' may be toxic: These companies have poor fundamentals (Upexi’s market cap once dropped to only $3 million, nearing delisting), relying on the SOL narrative to pump their prices, while institutions supported the bullish narrative, leaving retail investors with losses.
2️⃣ The 'Treasury Model' is essentially a leveraged gamble: raising funds to hoard coins → stock price skyrockets → early cash-outs, leaving only the retail investors behind.
3️⃣ New retail investors are still rushing in: $NA (Nano Labs) just announced a $500 million fundraising to hoard BNB, immediately rising 65% pre-market; eye drug company $EYEN transformed into 'HYPE Reserve' with a single-day surge of 134%... History repeats itself, just with a different token name.

⚠️ Reminder:
These 'coin stocks' are extremely volatile; do not FOMO into chasing highs.
Pay attention to SEC filings (such as S-3/PIPE), large resale registrations = sell-off warning.
$SOL

🔥 【US Stock Cryptocurrency Concept Stocks Frenzy: Is It a Bubble or a New Era?】
In 2025, the cryptocurrency industry officially 'invaded' Wall Street—Coinbase entered the S&P 500, Circle's IPO surged 600%, MicroStrategy's market cap exceeded $100 billion due to Bitcoin reserves... The boundaries between traditional financial markets and the crypto world are collapsing.

💼 Who is really making money?
1️⃣ Coinbase is the invisible winner
On the surface, Circle (CRCL) skyrocketed, but Coinbase quietly takes half of USDC's profits
Silently acquired Deribit and launched the Base chain, planning more aggressively than the market expects

2️⃣ The 'MicroStrategy Trap'
MicroStrategy (MSTR) hoarded coins by issuing bonds, with a market cap exceeding $100 billion, but an 84% debt ratio
GameStop (GME) followed suit buying BTC, leading to a 23% drop in stock price—not all companies are called MSTR

SharpLink (SBET) announced the purchase of ETH, resulting in a 650% stock price surge, only to fall back to square one within a week
Three companies openly built positions in XRP, with stock prices all plummeting
Trump concept stock DJT: buying BTC while issuing bonds, while being investigated by the SEC

🧠 My controversial views
Long-term optimism for Circle (CRCL): stablecoins are a necessity, and policy dividends have just begun
Coinbase (COIN): the 'regular army' of US crypto, capitalizing on compliance benefits

💡 What can ordinary people do?
1️⃣ Don't FOMO: cryptocurrency stock volatility is greater than BTC, be mentally prepared for zero
2️⃣ Focus on cash flow: Circle and Coinbase have real income, while many other companies are gambling for their lives
3️⃣ Wait for a pullback: CRCL's P/E ratio has exceeded 300, with a significant bubble component

This game of capital has just begun
When even shoeshiners are discussing crypto stocks, how far are we from a collapse? 🚨
$BNB

🔥 Trump suddenly calls out: Hurry up and pass the stablecoin bill!
Original link: https://coindesk.com/policy/2025/06/23/as-trump-calls-for-rapid-stablecoin-bill-passage-key-lawmaker-hints-at-more-talks
🤔 There might be a twist...
The House showdown: "Senate's version? We still need to make some changes!" In plain terms, the two parties haven't reached an agreement yet, and the details are still being torn apart. For example:
👉 Who will issue stablecoins? Banks or tech companies?
👉 Is there enough money? Do we need to check the accounts daily?
👉 Who has the final say, the states or the federal government?
💥 What if it really passes?
✅ Good news: "Good kid" stablecoins like USDC will be more popular, institutions will dare to participate, and the market will be more stable!
❌ Bad news: Small players might be crushed directly by compliance costs, and the industry could become more concentrated in the hands of a few giants...
🌍 Global impact: With the U.S. taking the lead, other countries might follow suit, putting immense pressure on alternatives like Tether!
⚠️ Risk warning: If the bill is too harsh (for example, directly banning algorithmic stablecoins), innovative companies might flee to places like Singapore or Dubai...
$BTC

🏌‍♂ "As tensions rise in Iran, Trump: Military action can wait, golf cannot stop???
👗 While delaying military decisions regarding Iran, he complains about not having touched a golf club for 'three or four weeks', and even finds time to arrange a golf tournament. So... is the national security briefing just a side dish during a golf break?
🌿 Deliberately showing a posture of 'non-emergency', possibly aimed at avoiding escalation of the situation.
🌿 Conveying strategic confidence through 'routine schedule unchanged'.
It reflects that the current US-Iran rivalry has entered a 'war of endurance' phase.
🌿 The 'golf schedule' serves as a political symbol, soothing core voters internally.
Sending a signal of 'the US holds the initiative' externally.
🌿 This deliberate maintenance of 'normalcy' in crisis management reflects the US's current strategic determination, but also exposes possible internal disagreements within the decision-making layer. $BTC

Is Platform X trying to transform into a financial supermarket? That's quite a bold move! Payment functions are the ultimate monetization tools for social platforms, but let's look at the predecessors: WeChat Pay surged with red envelopes, and Alipay had Taobao's support. X currently lacks social scenarios and a foundation in e-commerce, should we really expect Musk's fans to pay for their beliefs?

🚀【JD.com All in Stablecoins: A Shortcut in the Payment Field or Another Strategic Misjudgment?】
Liu Qiangdong finally takes action! After missing out on domestic payment benefits, JD.com bets on stablecoins to rewrite the rules of cross-border payments. Can this gamble succeed?

1/ After missing the payment benefits, JD.com is now betting on stablecoin cross-border settlement, targeting the pain points of traditional payments which take 2-4 days to settle and are high-cost.
2/ The strategic path is clear: first B-end then C-end, with Hong Kong sandbox leading the way, and HKD/USD stablecoins taking the lead.
3/ Deeply coordinated with JD's internationalization strategy, building a new paradigm of "local e-commerce + stablecoin settlement."

💡 My judgment:
✅ Clear advantages:
Cross-border payments are indeed a blue ocean.
Compliance layout is ahead of BAT.
Fits the supply chain DNA.

⚠ Risk Warning:
Global regulatory standards vary, and the difficulty of obtaining licenses exceeds expectations.
Existing stablecoins like USDT have already gained market advantage.
The investment in blockchain infrastructure is substantial, and short-term returns are hard to see.

🔥 Personal Opinion:
This time, Dong Ge might have made the right bet! Compared to the takeaway business, stablecoins align better with JD's supply chain DNA. If it can connect the "cross-border payment + global e-commerce" loop, it may become JD's trump card for internationalization. However, to replicate Alipay's success, two problems must be solved:
1) How to get overseas merchants to accept JD stablecoins?
2) How to break the monopoly of USD stablecoins?
#我的交易风格

🚀 Listed companies speculate in cryptocurrencies, is it a wealth code or a new way to cut leeks?

Recently, US listed companies have collectively tried new tricks - putting Bitcoin, Ethereum and even various altcoins into company accounts. 30 companies followed suit and entered the market, with the stock price soaring by 400%+! But is this carnival reliable?

1⃣ The gambler mentality of small companies: the main business is not good, so speculate in cryptocurrencies. Some companies have come back to life by buying ETH, but what if there is a big drop?

2⃣ Naked cutting of leeks: Some companies have reserve targets higher than their own market value, and it is obvious that they are raising the stock price to let retail investors take over.

3⃣ True belief or riding on the popularity? MicroStrategy has withstood the bear market, but the companies that follow the trend are afraid that they will run away if they fall by 20%.

💡 Leek reminder:
Retail investors should not get too excited! First check if the company's wallet address dares to be public
See if the project owner is just busy pumping the market or building an ecosystem
Don't let cryptocurrency speculation become a new disguise for financial fraud
#GENIUS稳定币法案
In a word: Only when the tide recedes can you tell who is swimming naked

🚀 Binance Alpha Magical Theater Sequel: AB Token—Political Figures on Stage, FDV 1.5 Billion, Next Candidate for Explosion?

Binance Alpha is up to something big again, this time it’s the AB token with the backing of the "European Political Figures Group," with FDV directly comparable to CAKE and LIDO. But upon closer inspection, 97% of the holdings are concentrated in one wallet, and the team consists entirely of former presidents and prime ministers. Is this really not a "high-end version of a Ponzi scheme"?

🔍 Three Major Abstracts
1⃣ "Political Alliance" as Community Auditors?
Former Serbian President Boris Tadić is the "community auditor," with former Irish Prime Minister Bertie Ahern leading the board, turning the official website into a "Center for Reemployment of Retired UN Officials." The question is: do these big shots really understand Crypto? Or are they just selling their faces?

2⃣ FDV 1.5 Billion, but Liquidity Can't Hold Up
AB skyrocketed to the top three in trading volume within 10 days, but 97% of the tokens are in the hands of whales. A minor sell-off could lead to ZKJ/KOGE 2.0. Compared to CAKE and LIDO with the same FDV, what actual applications does AB have? The official website can't even find a white paper.

3⃣ Binance Alpha's "Growing Pains"
ZKJ and KOGE just exploded, and now AB is coming? Shouldn't the exchange's auditing mechanism be upgraded? An NGO that issues tokens for "technology for good" gets listed on Binance in just 2 months; this speed is faster than Tesla producing the Cybertruck.

💡 Conclusion: Be Cautious of FOMO, Beware of the "Celebrity Effect" Trap
There may be short-term speculation, but the long-term risk of going to zero is high, DYOR, don't be a bag holder.
#BTC

MSTR holds Bitcoin, while the new Tron company buys its own token TRX. This is more like 'self-buying and self-raising', not a true recognition of crypto assets by institutions. Although Trump is friendly towards crypto, if the SEC changes or policies fluctuate, these 'connected projects' will be the first to suffer. The lawsuits in 2023 are just a pause, not the end. DYOR! #越南加密政策

Are mainstream trading users of Alpha on the brink of losses in the past 30 days?
Where should we go from here?
✨ Let's talk about rationally viewing the Alpha airdrop returns and embracing the true value of the ecosystem.

1. The dual challenge of slim profits and tightening rules
This issue's VELO airdrop offers about $3.5/day in returns, but the marginal utility of scoring points is nearing the cost line. The new regulations on June 17 (cancellation of trading points between tokens) will fundamentally change the game rules—high-frequency trading arbitrage models will be difficult to sustain, and users will have to confront the reality of skyrocketing costs.

2. Rule upgrades force strategy transformation
The platform policy adjustments send a clear signal: the Alpha ecosystem is shifting from “volume arbitrage” to “value accumulation.” If users cling to old strategies, they will not only see their returns shrink but may also fall into a passive position due to rule iterations.

3. Three points for sustainable returns
Enhanced real trading weight: Focus on trading promising tokens to improve account real liquidity.
Deep ecosystem participation: Pay attention to collaborative activities with project parties, staking, and other interactive forms to obtain diverse returns;
Long-term value: Choose quality assets to hold, look at long-term ecological dividends rather than short-term traffic.

4. Future competitiveness lies in “authenticity” and “deep cultivation”
The optimization of platform rules is an inevitable trend. Only by linking account activity with ecological value can rewards be continuously obtained. The narrowing of short-term arbitrage windows presents an opportunity for users to build long-term advantages—rather than gaming the rules, it is better to become co-builders of the ecosystem.

The airdrop mechanism of the Alpha ecosystem has entered the “fine cultivation” stage, and everyone needs to view returns with a more mature perspective: rule-based dividends will eventually fade, while the creation of real value is the source of lasting returns.

#Metaplanet增持比特币