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KWT co-founder JZ has comprehensively outlined the project's long-term vision: KWT is not a short-term speculative product, but aims to build a "power plant economy underpinned by the intrinsic value of electricity."
X402+ stablecoins and on-chain crypto infrastructure will gradually and continuously impact the existing payment system. This not only involves the use of stablecoins, but also transfers money, credit, identity, and data into a parallel financial universe.
We are currently experiencing a "purification" that the market needs, which will make the crypto ecosystem better than ever before, potentially improving it tenfold.
Past data has shown that the "social-first strategy" is ultimately unsustainable, as Farcaster has consistently failed to find a sustainable growth mechanism for a Twitter-like social network.
No one understands security better than the crypto industry leaders.
ZAMA will launch a Fully Homomorphic Encryption-based Sealed-Bid Auction on January 12th to sell 10% of the tokens, achieving fair distribution with no frontrunning or bots.
- 12:28Bitwise submits amended filing for its Hyperliquid ETF, possibly launching soonChainCatcher news, Bloomberg ETF analyst Eric Balchunas posted on social media that Bitwise has just filed an amended document for its Hyperliquid ETF, which includes the addition of the 8(a) clause, a fee rate (0.67%), and the stock ticker (BHYP). Typically, this indicates that the product is about to be launched.
- 12:28The suspect who impersonated a customer service representative of an exchange in October 2024 and defrauded users of $6.5 million has been arrested.According to Jinse Finance, on-chain detective ZachXBT posted on social media that Ron (real name Ronald Spektor), who impersonated a certain exchange customer in November 2024 and stole $6.5 million in user assets, has been arrested in New York.
- 12:28Crypto fund C1 Fund announces acquisition of Consensys equityJinse Finance reported that crypto fund C1 Fund has announced the acquisition of equity in Consensys, the parent company of MetaMask, a self-custody crypto wallet and infrastructure provider for the Ethereum ecosystem. The specific purchase amount and equity ratio have not yet been disclosed. It is reported that C1 Fund previously announced a public offering of $60 million, aiming to increase its investment in the digital asset technology sector, and has also acquired equity in Ripple and Chainalysis.