500 Times Returns, On-Chain Automatic Dividends: How the First RWA Fell from Myth to the Biggest Mystery in the Crypto Circle?
Preface: What are we talking about when we discuss RWA? In 2024-2025, the RWA sector is heating up. Wall Street giants like BlackRock are issuing tokenized U.S. Treasury funds, and tokenized stocks of Tesla and Apple are appearing on platforms like Kraken and Solana. Especially in Hong Kong, which is actively embracing Web3, everything from real estate income rights to GCL-Poly’s photovoltaic power stations to Longxin Technology's charging piles seems to be moving from concept to reality. We are excited that RWA can activate real assets, lower financing thresholds, and improve liquidity. But does all of this sound somewhat familiar?
Cetus Theft Recovery: A Compromise of 'Decentralization' for User Interests
Jessy, Jinse Finance
On May 22, the Sui ecosystem DEX Cetus was hacked, resulting in the theft of $223 million. Of this, only $60 million was exchanged into ETH via cross-chain bridges into the hacker's pocket, while the remaining $162 million was frozen by the Sui Foundation coordinating with nodes. On May 27, the community vote was launched to 'decide whether to implement a protocol upgrade to recover funds frozen in accounts controlled by hackers.' Ultimately, the protocol upgrade was realized, successfully recovering $162 million. The Sui Foundation's rapid response to this theft incident and the swift implementation of solutions have sparked significant controversy within the community. On one hand, it has recovered most of the funds, safeguarding the interests of the affected users. On the other hand, the method of recovery forced a modification of asset ownership through node consensus, marking the first time 'keyless asset transfer' has been achieved at the public chain level.
CETUS is a decentralized exchange (DEX) and centralized liquidity protocol built on the Sui and Aptos blockchains, and its development history and core features are as follows:
May 22, 2025 Hacker Attack Incident: CETUS encountered a smart contract vulnerability attack, resulting in approximately 223 million USD of user funds being stolen. Among them, 63 million USD was transferred to the Ethereum network via bridging. After the incident, Sui validation nodes quickly added the hacker's address to the 'Denial of Service Blacklist' to freeze funds. Recovery and Compensation Mechanism: On May 26, Sui initiated on-chain governance voting, with results announced on May 29 (over 2/3 of validation node weights supported), and the protocol upgrade took effect from May 30 to early June, allowing the hacker's assets to be legally transferred away. CETUS announced it would initiate a community vote to decide whether to use protocol funds and the Sui foundation's loan to fully compensate victims, promising to start compensation procedures immediately regardless of the voting outcome.
Regarding the PEPE cryptocurrency, the following key points can be summarized based on the information in the reference content:
Basic Information and Market Performance of PEPE Project Nature: PEPE is a meme coin based on the Ethereum blockchain, inspired by internet meme culture, aimed at achieving value growth through community consensus and market speculation. The reference content mentions that PEPE's emergence is closely related to cryptocurrency marketing strategies, attracting investors by creating the dream that 'everyone can get rich.' Price Volatility: PEPE's price has experienced extreme fluctuations. For example, on January 31, 2021, the price was $19,607, rising to $98,039 by March 31 of the same year, reaching $7,254,901 by May 31, and soaring to $16,274,509 by June 30. However, the price then dropped significantly, falling to $0.72 million on November 24, 2021. On July 28, 2025, there were analyses suggesting a current price target of $0.000017, with an expected tripling in value and a long-term view of a fivefold increase.
Recent price fluctuations: In August 2025, ETH prices experienced significant volatility. On August 11, ETH prices broke through $4800, approaching historical highs, but then corrected. On August 15, ETH fell below the upward trend line on the 4-hour chart, and technical analysts warned of potential deep washout or medium-term correction risks. Some traders believe that if it breaks key support levels (like $116148), ETH could drop to $110694 or even lower. Institutional and Wall Street influence: Wall Street strategists like Tom Lee and Cathie Wood strongly favor ETH, believing it has the potential to surpass Bitcoin. Significant institutional capital has flowed into ETH spot ETFs, with BlackRock purchasing 150,000 ETH in a single day on August 11, 2025, pushing ETF sizes to a historical high. Institutional views suggest that ETH has a higher level of institutionalization and its ecological advantages (such as stablecoin issuance and DeFi infrastructure) support long-term growth.
BCH (Bitcoin Cash) is a major Bitcoin fork, and its history and development have been fraught with technical controversy and market competition. The following is a detailed analysis of BCH:
BCH's Origin and Core Controversy Background of the Fork: In 2017, the Bitcoin community was divided over the issue of block size expansion. Proponents of block size expansion (advocating for improved transaction efficiency) and conservatives (advocating for maintaining the original protocol) ultimately led to a hard fork, resulting in the creation of BCH on August 1, 2017. This fork was essentially a technological split, not a simple currency duplication. IFO Mechanism: BCH's core innovation is the "Instant Token Offering" (IFO) mechanism. This mechanism stipulates that users holding Bitcoin will automatically receive an equal amount of BCH at a 1:1 ratio, without any additional effort. This "airdrop" model became key to BCH's rapid early user acquisition, but it also sparked controversy over fairness.
Cryptocurrency is a digital asset based on blockchain technology, with core characteristics including decentralization, fixed total supply (e.g., Bitcoin's total supply is 21 million), and anonymity. Below is a detailed analysis of cryptocurrency:
Fundamental Characteristics of Cryptocurrency Fixed Total Supply: The total supply of mainstream cryptocurrencies like Bitcoin is predetermined and unchangeable. For instance, the maximum supply of Bitcoin is capped at 21 million coins, with about 94% mined by 2024, meaning that the future circulation will gradually decrease, potentially affecting its scarcity and value. Unlimited Variety: Anyone can create new cryptocurrencies based on different blockchain technologies or protocols. Currently, there are thousands of cryptocurrencies worldwide, ranging from mainstream coins like Bitcoin and Ethereum to various functional tokens (such as DeFi and NFT projects).
Bitcoin is a decentralized digital currency with extreme value volatility, influenced by various factors. Below is a detailed analysis of Bitcoin:
Core Characteristics of Bitcoin Decentralized Design: Bitcoin does not rely on central institutions for issuance or management, enabling peer-to-peer transactions through blockchain technology, theoretically reducing government or bank control. Fixed Supply: The total supply of Bitcoin is capped at 21 million coins, and this scarcity is viewed by some investors as a 'digital gold' attribute similar to that of gold. Price Volatility: Historical data shows that Bitcoin's price is highly volatile; for example, the price rose from about $5,000 in 2020 to $64,000 in 2021 and then fell significantly. Value Controversy of Bitcoin Supporting Viewpoints: Some opinions suggest that Bitcoin is 'digital gold,' with its value stemming from technological scarcity and decentralization. The reference content mentions that 'Bitcoin is the gold in the new financial world,' emphasizing its potential as a consensus asset.
The cryptocurrency space, which revolves around trading and investing in various digital currencies (such as Bitcoin, Ethereum, Dogecoin, etc.), is a field full of opportunities and risks. Below is a detailed analysis of the cryptocurrency space, covering its definition, entry methods, current state, risks and challenges, as well as successful strategies. Definition and Core Characteristics of the Cryptocurrency Space Essence: The cryptocurrency space is a financial ecosystem centered around digital currency trading, where participants seek returns through buying, selling, staking, contracts, and other means. It operates 24 hours a day with significant price fluctuations, unaffected by traditional financial market time constraints.
Ethereum Strong Recovery, ETF Absorbing Funds, Stablecoin Market Value Hits New High - The Crypto Wave Upgrades Again
Recently, the Ethereum (ETH) market has been on fire, with prices breaking through the $4,600 mark, welcoming a strong rebound after a long absence. Behind this is not only the bullish support from the technical side but also the massive inflow of institutional funds, especially the spot ETF inflow, which set an astonishing record of $1 billion in a single day.
At the same time, the total market capitalization of stablecoins has surpassed $270 billion, further solidifying USDC's dominant position in the Ethereum ecosystem, while USDT is making a 'comeback' on the TRON network. Today, we will comprehensively review Ethereum's strong performance, institutional fund movements, and the latest changes in the stablecoin ecosystem, helping you seize new market opportunities!
"Another hot stock in the crypto sector has arrived: Bullish's debut in the U.S. stock market saw its stock price double during intraday trading."
Following the stablecoin issuer Circle, another 'crypto' newcomer has made a brilliant debut in the U.S. stock market this year. On August 13, Eastern Time, Bullish, the parent company of the well-known cryptocurrency media CoinDesk, went public on the New York Stock Exchange under the stock trading code BLSH. On the first day of trading, the stock price doubled during intraday trading, becoming another popular 'crypto stock' in the U.S. market this year after the 'first stablecoin stock' Circle. Bullish's stock opened at $90, soaring 143% from the IPO issuance price of $37, and the stock price briefly reached $118, with an increase of nearly 219%. The company's market value skyrocketed to over $17 billion. Due to extreme volatility, trading was temporarily halted multiple times, and it closed at $68, up nearly 84% for the day, with a market value close to $10 billion.
In the cryptocurrency circle, regardless of which coin you are dealing with or trading in digital currencies, you cannot escape the ups and downs of the trading market. Watching those constantly rising and stopping curves can be dazzling, and even some investors tire themselves out to keep an eye on the market. Therefore, having a digital asset manager is a common expectation for cryptocurrency investors. In light of this expectation, Liying has arrived, and Liying will bring the best scientific analysis techniques and the highest quality guidance technology to you.
Cryptocurrency Circle Liying: Bitcoin 8.15 Latest Market Analysis
Hong Kong Crypto Circle Atlas: Tearing, Confrontation, and Integration
In 2025, the sense of tearing in the Hong Kong crypto circle is becoming increasingly apparent. "Every day, traditional financial institutions come to discuss Crypto business with us, and we are also trying to promote new businesses on platforms like YouTube and X, collaborating with influential KOLs and bloggers." A broker discussed the expansion of cryptocurrency business with enthusiasm and anticipation. On the other side, an employee who had just joined a blockchain company but chose to leave soon expressed in a low tone: "I left; I couldn't stand this state-owned enterprise style." In the same Hong Kong, the same cryptocurrency ecosystem, some feel the excitement and opportunities brought by the industry's economic growth; others feel the fatigue and disappointment brought about by institutional and cultural friction. Dramatic tearing is being played out every day.
Ether, after a whole day of coming and going, not going up or down, has already reached our first profit-taking target position.
Next, we can continue to look up at our second target.
In fact, during the process of trading contracts, the most important thing is the overall market direction, the choice of entry position, and the profit-taking target.
If there are friends who are confused about this aspect, you can follow me.
There are still spots to join the team, welcome━(*`∀´*)ノ亻! Your participation is appreciated.
Five Major Trading Psychological Traps in the Cryptocurrency World and Anti-Human Behavior Operation Guide
When market information floods in at an explosive speed, and project parties continuously release news to encourage output and expand influence, it is often difficult for us to distinguish the truth from the false, and even harder to resist the invasion of FOMO (Fear of Missing Out). The media's hype, whether it is the embellishment of the "get rich overnight" myth or the magnification of market panic, invisibly stimulates our nerves, causing us to jump back and forth on the edge of trading. And those KOLs shrouded in a halo, every time they promote or advertise, may become the last straw that crushes our rational defenses, pushing us into the abyss of emotional trading. These emotional trading behaviors ultimately lead to phenomena such as "chasing highs and killing lows", "frequent trading", and "excessive speculation".
Liying in the Cryptocurrency Circle: Latest Market Analysis and Operational Suggestions for Bitcoin (BTC) and Ethereum (ETH) on 2025.8.19
In the cryptocurrency circle, regardless of which coin you are trading or which digital currency you are dealing with, you cannot escape the volatile fluctuations of the trading market. Watching those constantly rising and falling curves can be dazzling, and some investors even tire themselves out just to monitor the market. Therefore, having a digital asset manager is a common expectation for cryptocurrency investors. Under this expectation, Liying has emerged, bringing you the best scientific analysis techniques and the highest quality guidance.
Liying in the cryptocurrency circle: Latest market analysis of Bitcoin on 8.19
DOGE Dreaming, BONK Adjusting, PUMP Warning: A Guide to Opportunities and Risks in the Crypto Sphere
Update: The GENIUS Act was signed into law by U.S. President Trump at 6 AM Beijing time on July 19. On Thursday local time, the U.S. House of Representatives passed three cryptocurrency-related legislations, including the (CLARITY Act), (GENIUS Act), and (Anti-CBDC Surveillance State Act). The (CLARITY Act) and (Anti-CBDC Surveillance State Act) will be sent to the Senate for review. (GENIUS Act) is expected to be officially signed into law by Trump on Friday local time. The act will take effect 18 months after Trump's signature, or 120 days after the so-called 'major federal payment stablecoin regulatory agencies' including the Treasury and the Federal Reserve issue final regulations implementing the (GENIUS Act).
8.19 Bitcoin bearish trend is not over, Ethereum hangs by a thread, the next step is engulfing or rebound, latest market analysis
The essence of trading is survival, and then profit. So before each operation, think clearly about whether your operation is reasonable, and whether the principal is safe. You need to form a trading thought process that belongs to you, continuously optimize and improve. Although the advice from the scholars in the cryptocurrency circle cannot make you rich overnight, they can always be with you. Only those who can survive in the cryptocurrency circle for the long term and persist until the end can achieve the results they want. I hope you can understand.
Don't forget, the darkest moment is often just before dawn. On the road to chasing dreams, you are never alone; you still have me.