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#lagrange $LA LA goes live on Binance's spot market, and the price is set to soar.
Lagrange is an extremely innovative blockchain infrastructure project that has created the world's first unlimited proof layer, organically merging the decentralized ZK proof network and ultra-parallel ZK co-processor, two powerful protocols. This unique architectural design brings scalable cryptographic verification capabilities to blockchain and AI applications, fundamentally addressing many of the challenges traditional blockchains face in terms of scalability, privacy, and verifiability, opening new avenues for the development of the entire industry.
LA, as the native utility token of Lagrange, plays a crucial role in the entire ecosystem. Its intricately designed economic model is based on the principle that proof demand equals token demand, establishing a vibrant and sustainable economic cycle. In this model, customers must pay fees when requesting proofs, which directly drives the demand for LA. Meanwhile, after completing proof tasks, provers are rewarded with LA, further encouraging their active participation in the network's proof activities. Additionally, token holders can stake or delegate LA to provers, which not only subsidizes the proof costs but also reduces circulating supply, effectively maintaining the stability of token prices and ensuring the economic balance of the entire ecosystem. From a technical innovation perspective, it will inject new strong momentum into the development of the global digital economy.
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Lagrange (LA) is a digital currency based on blockchain technology, with the following information:
- Project Background: Lagrange is a cutting-edge modular infrastructure protocol launched by Lagrange Labs, aimed at utilizing zero-knowledge (ZK) cryptography to achieve verifiable computation and secure interoperability across multiple blockchains, addressing scalability and privacy computing issues in blockchain. The project is named after mathematician Joseph-Louis Lagrange and has secured over $13 million in seed funding from notable investors such as Founders Fund and Fenbushi Capital. - Token Basic Information: LA is the native utility token of Lagrange, with a total supply cap of 1 billion tokens and an annual emission rate of 4%. It is primarily used to power Lagrange's cryptographic engine and serves as the essential fuel for decentralized proof activities within the network. - Token Functions: Clients mainly pay proof generation fees in LA, while provers receive rewards in LA; provers stake LA as collateral to secure the network, and token holders can also delegate LA to provers to earn rewards; LA holders have voting rights in the decentralized autonomous organization (DAO) of the Lagrange Foundation, allowing them to influence protocol decisions. - Trading Platforms: LA can be purchased on major exchanges such as CoinEx, Bybit, Binance Alpha, and Gate.io. - Market Performance: Recently, LA has experienced significant price fluctuations. On July 9, after Binance announced the addition of Lagrange to services like Binance Simple Earn, the price of LA dropped from a seven-day high of $0.676 to $0.416, a decline of 32% in 24 hours. In June, after receiving support from Coinbase, LA had risen from $0.253 to $1.50, an increase of 216%. It is important to note that the digital currency market is highly risky and uncertain. Before investing in Lagrange or other digital currencies, it is advisable to thoroughly understand relevant information and make investment decisions with caution.
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ALPHA High Score Project, you must participate if you have the opportunity.
币安Binance华语
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We are pleased to announce that Binance will be the first platform to launch Tanssi Network (TANSSI): 🔸 Alpha trading opens: July 9, 2025, 19:05 (UTC+8). 🔸 Contract trading opens: July 9, 2025, 19:30 (UTC+8). Eligible users can go to the Alpha event page to use Binance Alpha points to claim airdrops after Alpha trading opens. Further details will be announced separately. Please follow Binance's official channels to stay updated on the latest activity news.
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The country of jurisdiction for OKX is under strict regulation. Will it represent the country to compete next? 哈$BTC
Conan SOL
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Bullish
OKX is going to expel those who borrow money to trade cryptocurrencies, and this has caused a stir in the crypto community, indicating that regulation of the crypto space is becoming increasingly strict.
Recently, OKX's founder Xu Mingxing publicly stated that the platform will conduct a comprehensive check on the sources of users' funds and that all users who trade cryptocurrencies with borrowed money will be expelled. This statement has caused a huge shock in the cryptocurrency circle, with many feeling that it marks the beginning of a comprehensive upgrade in domestic regulation of virtual currency trading, providing clear policy direction for the unstable market.
In fact, signs of stricter regulation have been apparent for some time. According to a well-known figure in the industry, Liang Xi, he learned some news back in February: the UAE planned to invest $2 billion in Binance in March, and by the end of May, Sun Yuchen made headlines by attending a dinner with Trump. These events have led domestic high-level officials to pay more attention to the risks of capital outflow in the crypto asset sector, highlighting the financial risks behind virtual currency trading and laying the groundwork for tighter regulation.
Interestingly, Xu Mingxing's statement this time is very different from his previous stance. OKX initially grew through its futures business, and Xu has always been tough, with the platform long relying on high-leverage, high-risk futures products to dominate the market. Now, the proactive expulsion of users trading cryptocurrencies with borrowed money is clearly not something the platform wants to do on its own but is required by policy. Looking at OKX's situation, after Xu Mingxing was investigated in 2020, the platform's operating model became special, and many feel it has a somewhat 'semi-state-owned' character. This unique identity has made it the first exchange to cooperate with regulatory policies, and it is evident that this regulatory upgrade is serious and must be implemented.
In terms of industry impact, what OKX is doing is likely to be followed by other exchanges. In the future, the entire industry may frequently check the sources of funds, limit leveraged trading, and rectify compliance processes. The significance of this action is not only to prevent high-risk speculative behavior—those who borrow money and leverage to trade cryptocurrencies may end up in debt if they suffer losses, which could also affect others when risks explode—but more importantly, it is to regulate the market and protect ordinary investors from losses due to irrational speculation, fundamentally preventing financial risks from impacting the real economy.
Looking back at the development of the cryptocurrency market, from its initial unregulated growth to the current stricter regulation, the reasoning is quite clear:
Complete tasks every day for 8 days for a chance to earn an 8.88 token reward
币安Binance华语
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#广场8周年狂欢 Binance Anniversary 8-Day Fun Starts 🚀 🎯 A small task every day, various gameplay & red envelopes waiting for you to unlock For the next 8️⃣ days, stay tuned to Binance Square and celebrate together 🎉 Can any little genius guess the hints left by Palu in the picture for you? Leave your comments in the comment area, and the three closest to the answer will directly receive #8周年周边套装
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