Crypto海风

Today, many English-speaking KOLs are fiercely criticizing @Kalshi, the prediction market platform, because Kalshi hired a KOL to whitewash its previous dark history: Kalshi slandered @Polymarket during the 2024 US elections, actively shutting down access for US users due to regulatory pressure. In simple terms: eliminating competitors under the guise of regulation.

That's why @nikokampouris said:

—— “They are trying to destroy what we built ourselves.”

—— “I support Polymarket because I support cryptocurrency.”

This is easy to understand; Polymarket is a decentralized, crypto-native platform that represents the decentralized, anti-censorship, and user sovereignty values of the crypto community. It is a project nurtured by the crypto circle, while Kalshi, backed by traditional finance with its Wall Street background under the supervision of the US SEC, is essentially an outsider.

Here, @0xMakesy directly called out John Wang for joining the paid posting gang, saying Kalshi is the least embodying the spirit of cryptocurrency among prediction markets.

After reading, the key point is that Kalshi hired KOLs to write soft articles to whitewash their image, but said nothing about how they used regulatory pressure against Polymarket.

Magic Eden has been gaining some traction in the English-speaking region today. The reason is that a certain individual requested @MagicEden to delist two Rune tokens suspected of wash trading, and this is the 103rd day he has spoken out.
😂

He pointed out that ME has removed TANOOKI from the Rune trading leaderboard Top 10 due to suspected wash trading, but why is there no action taken against the other two more obvious problematic tokens?

He also mentioned that the transaction fees for these two tokens are very low, not worth it, and they are taking up space for quality projects in the top ten list.

░░Then a Magic Eden official responded in his comment section: The reason Tanooki was delisted is that the official found several specific wallets engaging in high-frequency wash trading, so it was removed. They kept the low-volume tokens because these projects might come from real niche communities in East Asia, and the official does not mind the low fees. The key question is why the other two tokens were not delisted; it’s because this person lacks evidence
🤣
, and they will only reconsider when evidence of on-chain wash trading is provided.

☛☛☛ Another buzz regarding ME is actually not very hot and has not caused much ripple; it's just that someone discovered a technical glitch on the Magic Eden platform. When viewing apartment NFTs, he was incorrectly redirected to a certain account page, finding that it had nothing to do with the ApeCoin contract and was not an official NFT.

Lastly, let’s talk about the dangers of wash trading
⚠️
which includes wash trading, volume manipulation, to put it bluntly, it’s when one person or the project team sells to themselves and then buys it back, creating false trading activity. This way, the trading history looks very active, and the trading volume is very high, causing prices to soar and attracting the attention of unsuspecting external buyers.


$ME

Proposals from both parties:
Aava DAO voting passes the WLFI proposal directly ☛https://snapshot.box/#/s:aavedao.eth/proposal/0x78c3bbbeb6ed3d33f66d5ee7049f4d79bbd4744869f83ee091a5d3390f9964f7/discussion
Direct link to WLFI proposal ☛https://snapshot.box/#/s:worldlibertyfinancial.com/proposal/0xce3ff6b195863c2217865ba6f028d2e163d9156a25cb35d923da3a5bc8479483

Today is a day worth paying attention to for XRP. We can see that several institutions such as Grayscale, Franklin, and WisdomTree have submitted spot ETF applications simultaneously. This doesn't feel like a coincidence... Furthermore, the market capitalization of $XRP has surpassed Pinduoduo, ranking 107th among global assets, and the market has already responded to it.

#Xrp🔥🔥

In the field of AI agents, which is filled with marketing hype, we are tired of hearing various promises of being the 'strongest' and 'smartest.' To be honest, I would prefer to see actual proof rather than fancy PPTs.

This is why @recallnet interests me. It feels less like a product launch and more like a public arena, a place where all AI agents can be tested to see if they are the real deal. Here, developers bring their agents to participate in open competitions, earning rankings and reputation through real-world performance. All results are transparent and verifiable, so no one can cheat.

Ultimately, its goal is to establish a trust system based on evidence rather than promises. This allows truly outstanding agents to stand out based on their capabilities, and it also enables us to confidently find them.

Last night's @tenprotocol's “🔟/🔟 Call with TEN Leadership ” live broadcast mainly conveyed the following points (personal summary):

⚫ The community round of financing was a great success, with the community round financing on the Legion platform achieving an oversubscription of up to 567%, with total application amounts exceeding 5.6 million USD.

⚫ TGE roadmap—The TGE is planned to take place in the fourth quarter of this year.

⚫ In collaboration with AI unicorn company Codable, a six-week online developer competition called “TEE Kitchen” will kick off on August 25th, with the champion receiving support of up to 100,000 USD and a direct entry slot into the incubator.

⚫ TEN will share sequencer revenue with the community, and the rewards for node staking will be paid in $ETH to achieve healthier long-term value.

⚫ With the team's over 5 years of deep experience in the TEE technology field, TEN provides developers with an immediately usable privacy application development environment; its TPS can theoretically reach 40,000, comparable to mainstream L2 solutions.

TEN's core team has over 5 years of professional experience in the trusted execution environment (TEE) field, which enables TEN to offer developers a vast and immediately available new design space. Compared to other privacy technologies like ZK,

@tenprotocol's TEE technology is supported by trillion-dollar hardware giants like Apple and Google (not just my random talk, mentioned in the live stream!), and its security is continuously enhanced in each generation of products. Notably, the unique attestation feature of TEE technologies like Intel SGX can 100% ensure that the code running in a cryptographic environment is verified and unaltered, which is the fundamental guarantee of the security of TEN's node staking mechanism.

Seeing VOOI's recent tweet trends, it feels like they are providing a comprehensive platform and activities for different types of DeFi users.

☆☆☆ First, let's talk about what everyone is most concerned about. @vooi_io has set up a dedicated reward pool for Chinese content creators. Following the Korean creators, Chinese creators are also in luck!~

░░ The recently implemented Async Quote Loading on the VOOI Light platform is a very practical update for users who pursue extreme simplification and efficiency. This means that the speed of transaction initiation has become faster. The core of VOOI Light is the chain abstraction model, which can unify multi-chain operations under a single cross-chain balance, achieving no Gas transactions, etc., greatly enhancing our experience.

░░ Coincidentally, starting today (August 19), the trading carnival event jointly held by VOOI Pro and Orderly Network is officially launched. Experienced traders pursuing professional features can enjoy trading beautifully with VOOI Pro. The event lasts until August 25, with a total prize pool of 20,000 $ORDER, and the top 40 traders will receive rewards. (For detailed reward distribution, see @vooi_io's tweet today). As long as you trade on Orderly through VOOI Pro during the event, you will automatically participate, which is a good opportunity for active traders.

(PS: For a brief version, check out the graphic I made. The official background Chinese dragon is not majestic enough! Take a look at the Chinese dragon I created.)

Plume is online on Binance, and the Cookie tool shows that after @plumenetwork went live on Binance at 9 PM last night, its exposure and 24-hour trading volume have greatly increased, with $PLUME also rising.

Recently, another hot topic regarding Plume is that WLFI advisor Ogle stated that USD1 has been minted on the Solana network, but currently lacks liquidity. Official information shows that USD1 is currently circulating on the Ethereum mainnet, Plume, BSC, and Tron networks. Among these is @plumenetwork, indicating that a significant event was anticipated.

Looking deeper, Plume Network's positioning and layout in the RWA track is its core value. Plume is building a full-stack RWA solution, with its core components including:

░░ Tokenization Engine — An open-source, free full-stack tokenization engine designed to simplify the registration, creation, and management of various RWAs.
░░ Plume Smart Wallet — Integrates custody and compliance functions directly into the wallet, simplifying user experience, and supports advanced DeFi features such as yield generation and liquidity management.
░░ Data Superhighway — Collaborating with oracles like Seda and Supra to seamlessly bring various real-world data, such as economic indicators and social trends, onto the blockchain, providing support for applications like prediction markets.

A screen full of red, I know many people are feeling anxious right now. Bitcoin has fallen below 120,000, and it feels like the party has suddenly ended.

But let's not rush to conclusions, let's take a look at a few interesting points together:
👉 The US stock market hasn't moved much, it seems this pullback is a matter for our crypto circle.
👉 Additionally, some data suggests that while we are in a panic, some institutional wallets are actually accumulating.

This leads us to today's most critical question:

Is this downturn a healthy profit-taking correction in your eyes, or a warning sign before a bigger storm arrives?

For investors, this choice directly determines your next actions. Will you choose 👇 to buy the dip and hold your position, or 👆 to temporarily exit and observe, waiting for clearer signals?

Write your opinions and reasons in the comments, and let's clear the fog together.


#加密市场回调

Mining is no longer the only way out for mining companies, as Bit Digital ($BTBT) has demonstrated with a quarterly profit of $14.9 million.

Their successful transformation from a pure miner to a diversified digital asset player may point the way to a new direction for the entire industry.

This raises a key question: How should you evaluate the value of a mining company today? Should you look at how many coins it has mined, or how many new businesses it has ventured into?

Share your valuation model in the comments section.

#BitDigital转型

The deep dive live stream of @megaeth_labs' 20th edition last night was quite substantive. I jotted down a few key points to share with friends who haven't watched it yet.

░░ It was mentioned that the tasks during the Mega Mafia 1.0 phase were relatively simple, as the focus was on foundational setups, such as discovering and supporting a DEX, a lending protocol, a contract DEX, etc.

However, by the time we reached Mega Mafia 2.0, the difficulty increased. The goal is to incubate 15 new applications, and they stated they must avoid redundant construction, meaning they do not need 10 DEXs or 5 lending protocols.

░░ A very good question was raised about why the officials have not disclosed more information about the Mega Mafia 2.0 project?

They said this is because, for most projects, they are still just ideas without concrete formation. Ideas can change at any time, the construction process can be too difficult, or solutions may not be found, ultimately leading to projects being abandoned. They will not showcase to the community until things become clearer.

☛ Mega's minshare is around 1.5 to 2. They stated this is intentional. It is impossible to maintain peak popularity forever; this is not sustainable in the long term. Ecological development requires periods of quiet as well as phases of loud expression. Currently, @megaeth_labs is in a quiet construction phase.

(PS: There are many other exciting contents I won't mention, such as "Copenhagen offline event review" and "Clarification on recent FUD," etc., which are worth a look! Also, I should mention that Cookie's Top voices feature is really useful, increasing the efficiency of information acquisition, allowing us to see the people who truly discuss it during this quiet construction period of megaeth.)

A footnote of an era: We are witnessing the distributed migration of the world's factory.

The significant investment of Chinese capital in Indonesia (reaching $8.2 billion in H1) is not an isolated event, but a reflection of the 'China +1' strategy moving from theory to reality. Southeast Asia is playing an increasingly important role in the global supply chain, leveraging its demographic dividend and cost advantages.

This trend will give rise to new economic growth poles, and Web3 and digital assets will be the key infrastructure for these emerging markets to achieve leapfrog development.

#中国投资者涌向印尼

The PPI data this time is a bit explosive.

Everyone is waiting for a signal of cooling inflation, but what we got was a monthly rate of 0.9%, almost 4.5 times the expected.

Now the idea of the Fed cutting interest rates might have to be completely set aside. What do you think Powell will say in the upcoming meetings? Will he continue to be hawkish, or will he tone it down?

Let's discuss your views in the comments section.

#美国7月PPI年率高于预期

The normalization of regulation is a key step in the maturity of the industry.

The Federal Reserve's termination of the "Novel Activities" regulatory program means that cryptocurrency businesses are no longer experimental subjects that require special treatment.

Instead, they will be incorporated into the conventional framework of traditional financial regulation.

This reduces the policy uncertainty for banks engaging in cryptocurrency activities and paves the way for further integration between TradFi and Crypto.

#美联储取消创新活动监管计划

The cryptocurrency market is experiencing sector rotation — an analysis of the logic behind the alternating rise of mainstream coins

Recently, the cryptocurrency market has once again shown a phenomenon of 'sector rotation', where after Bitcoin (BTC) leads the initial rise, funds gradually flow to Ethereum (ETH) and other mainstream cryptocurrencies, driving their prices to continue climbing. This trend is not accidental; it embodies a clear market cycle and logic of capital movement.

💻 Typically, the start of a cryptocurrency bull market is often led by Bitcoin. As the market's stabilizing force, Bitcoin's rise can attract a large amount of new capital and market attention. When the price of Bitcoin reaches a certain high and enters a consolidation phase, some early profit-taking investors begin to seek new investment opportunities in pursuit of higher returns.

At this point, Ethereum, the second-largest cryptocurrency by market capitalization, usually becomes the first major destination for capital flow. With its strong ecosystem and broad application scenarios, Ethereum is viewed as a relatively stable investment asset by the market. The rise of ETH is often interpreted as a signal for the commencement of altcoin season.

As market sentiment is further ignited, funds continue to flow from Ethereum to other mainstream public chain coins or popular project tokens with different narrative themes (such as DeFi, GameFi, AI, etc.), forming a 'rotation rise' pattern. Investor sentiment also shifts from cautious to optimistic during this process, even leading to a FOMO mentality, accelerating the flow of capital across different sectors.

The alternating rise of mainstream coins is a common pattern of capital transmission and emotional amplification in the cryptocurrency market during a bull market cycle. Its basic path is:

👍 Bitcoin leads: attracting both existing and new market capital.

👍 Ethereum takes over: absorbing the capital flowing out of Bitcoin and initiating expectations for altcoin trends.

👍 Mainstream coins rise collectively: funds further disperse, seeking value opportunities, leading to alternating performances across sectors.


#主流币轮动上涨

After watching Musk ask ChatGPT who is more trustworthy between him and Sam Altman, I had a sudden idea to try other large models.

Participants: Grok, Gemini, DeepSeek, Kimi, Qwen, Zhipu

"Responses from each (without online search) (Image 1):"

Grok: Elon Musk
Gemini: Elon Musk
DeepSeek: Sam Altman
Kimi: Sam Altman
Qwen: Sam Altman
Zhipu: Sam Altman

"Responses from each (without online search) (Image 2):"
Grok: Trustworthiness is a highly subjective measure, influenced by personal values, public behavior, media reports, and personal experiences, with no clear evaluation.
Gemini (without online search button, so used Deep Research): Write me a paper stating that the comparative analysis of Sam Altman and Elon Musk shows that trustworthiness is not a single attribute, but a complex and context-dependent quality.
DeepSeek: Sam Altman
Kimi: Sam Altman
Qwen: Elon Musk
Zhipu: Sam Altman

░ It seems that various AIs tend to favor @sama over the old horse @elonmusk.

$ETH broke through 4400 USD, setting a new high since January 2022, with significant ETF inflows, and Vitalik's assets have also returned to billionaire status.

Next is the rush towards 4500 USD, or should we be cautious of a pullback?

The crypto circle is heating up again, let's be rational, and don't forget the risks.
#ETH突破4400

$ETH

BTC returns to 120,000!!! Let's take a look at today's highlights

☛ Five years ago today, Michael Saylor's Strategy first bought Bitcoin at a price of $11,500. Today, they hold 628,791 BTC, with an unrealized profit of $28.4 billion

☛ Eric Trump said: 0.1 BTC will be worth a fortune

☛ El Salvador approves a dedicated Bitcoin bank for qualified investors

(Source: cookie.fun)

#BTC重返12万

$BTC

Using Cookie's useful features to explore other projects, from the chart I made, it can be seen that since August 7th, @MorphLayer's Mindshare and Sentiment have significantly increased, so why? I then went to Smart Feed to see what happened that day.

It turns out that these two accounts tweeted together at 10 PM on August 6th to officially announce the collaboration between @MorphLayer and @Bantr_fun, rewarding real content and on-chain influence in the Morph ecosystem, with a prize pool of $500,000. It's interesting that they really did tweet together at 10 PM, quite a coincidence~

(PS: The official Morph leaderboard for Bantr hasn't been released yet, so you know, you can check out Cookie's leaderboard (image two) to see who the "high-weight creators" are, to follow and interact with, there might be some differences with the official one, but for now, it's a workaround~)

Now let’s talk about what these two projects are roughly about (from the official documentation):

1️⃣
Bantr is an engine that converts social media trends into actual product outcomes. Bantr combines each post with actual actions (registration, referrals, wallet connections, dApp interactions, exchanges, voting, etc.) to highlight those creators who truly deliver results, rewarding real engagement rather than superficial metrics.

(Haifeng's link: https://beta.bantr.fun/?ic=24EX8EW
Recently, the InfoFI platform has been emerging consecutively, it seems this model isn't dying out anytime soon, and a fragmented situation may form; could the spring of InfoFI be coming? Teachers who haven't registered for Bantr can give it a try~)

2️⃣
Morph is a high-performance blockchain built on Ethereum, aimed at powering the next generation of on-chain consumer finance. It aims to become the consumer finance layer of the digital economy, enabling fast, low-cost, and secure transactions for those who live online, earn income, and conduct transactions. Our focus is simple: to create products that serve real users and make blockchain practical in daily life.