23 mins ago
5,497
▌CZ releases "Crazy Ideas of Token Issuance" and clarifies that there is no plan to issue tokens
CZ posted on X platform, "What if someone issues a token with the following token economics? Initially, 10% of the tokens are unlocked and sold on the market. The proceeds will be used to build products/platforms, marketing, salary, etc. Each future unlock must meet all the following conditions: Six months after the last unlock. Only when the token price remains above 2 times the last unlock price for more than 30 consecutive days before unlocking. Up to 5% of the tokens will be unlocked at each time.
▌White House: The first cryptocurrency summit will be held on March 7, and Trump will attend and speak. According to official news, President Trump will be on March 7 Attend the first White House Cryptocurrency Summit and delivered a speech. Participants will include well-known founders, CEOs and investors in the crypto industry, as well as members of the President's Digital Assets Working Group. The summit will be chaired by White House Artificial Intelligence and Crypto Tsar David Sex and managed by the Executive Director of the Working Group, Bo Haines. As of press time, according to Coingecko data, BTC's recent transaction price is $86,150.51, with an increase of +2.8% intraday rise and fall;
< p>ETH's latest transaction price is US$2,217.44, with an intraday increase of 0.1%;BNB's latest transaction price is US$609.55, with an intraday increase of 3.9%;
SOL's latest transaction price is US$144.83, with an intraday increase of -0.8%;
DOGE's latest transaction price is US$0.2063, with an intraday increase of 2.3%;
XPR's latest transaction price is US$2.19, with an intraday increase of 3.4%.
▌Ukrainians say they support Zelensky
On February 28 local time, U.S. President Trump and Ukrainian President Zelensky broke out in the White House. Local people in Ukraine said in an interview with reporters that they were both shocked and angry, and expressed their support for Zelensky, believing that he was humiliated.
▌Swiss National Bank Governor Denied the idea of using Bitcoin as the Swiss National Bank reserve
According to local media reports, Swiss National Bank (SNB) Governor Martin Schlegel refused to use Bitcoin as the Swiss National Bank reserve on the grounds that it lacked stability, liquidity and security. During the interview with the group, Schlegel listed three main concerns surrounding cryptocurrencies. The first is the volatility of cryptocurrencies, which he believes makes cryptocurrencies unsuitable for long-term preservation.
Blockchain application
▌Vitalik: The goal is to run Fusaka test network with specific blob parameters the day after Pectra goes online
Ethereum co-founder Vitalik ButerinThe publication stated that by 2025, we need the Fusaka upgrade plan to use PeerDAS on L1, with the ideal blob target/limit of 48/72. Our goal is to run the Fusaka testnet with these blob parameters the day after Pectra went live.
Cryptocurrency
▌Ethereum needs a large number of young people with a crypto-punk vision
Ethereum co-founder Vitalik Buterin published a statement saying, "What Ethereum needs is a large number of young people with a crypto-punk vision. All OGs are exhausted, and it's time to look at the next generation."
▌Ukraine is exploring to set the crypto-currency tax rate between 5% and 10%
According to Cryptoslate, local media reports, Ukraine is advancing the process of legalizing cryptocurrency, and lawmakers are expected to vote on the bill in the next few months. However, there is still uncertainty about how digital assets are taxed. Ukraine is exploring the cryptocurrency tax rate between 5% and 10%. However, officials are also considering adopting a standard tax framework, which is the 18% income tax plus a 5% military tax, bringing the total tax burden of crypto income to 23%. The final decision is still under discussion and legislation is expected to be completed by mid-2025.
▌Bitcoin is an insurance, not an investment, and can ensure that its own assets will not be zeroed as much as possible
Solana co-founder Toly said in a response to a community person, "Bitcoin has no value. On the contrary, it is insurance. Based on my life experience, a superpower has a 1% chance of collapse every year. It is worth it to spend 1% of its wealth to buy some assets that may not be zeroed in that environment. It is not an investment, but a cost, and there is no guarantee that it will work. Bitcoin can do this with both $100,000 and $10,000. If it works, 15 Beyond the initial innovation a year ago, it had little to do with technology. ”
Ripple Chief Legal Officer supports the US SEC’s guidance on Meme Coin
Ripple Chief Legal Officer Stuart Alderoty broke his silence on the SEC’s latest Meme Coin classification. The legal expert fully agrees with market regulators, emphasizing that Meme coins are not securities. He reiterated that the charm of the guidance lies in its simplicity. Stewart-Aldrotti believes that the problem with market regulators is whether something falls within its jurisdiction, not whether it is legal or illegal. He noted that according to the commission's new position, other agencies can take action if fraud occurs, rather than the Securities and Exchange Commission.
Important economic trends
▌ China Securities Regulatory Commission: Orderly carry out the pilot program of digital RMB in Hong Kong
Recently, the China Securities Regulatory Commission issued a letter on the reply to the proposal of the second session of the 14th National Committee of the Chinese People's Political Consultative Conference. It mentioned that the CSRC and relevant departments will further optimize and expand the interconnection of the mainland and Hong Kong financial markets, continue to optimize the mechanisms such as stock connectivity, bond connectivity, and fund mutual recognition. On the basis of summarizing existing experience, conduct in-depth research and demonstration of the feasibility of Hong Kong companies listing in the mainland, and continue to promote the optimization of the "cross-border wealth management connectivity" business pilot in combination with market demand, and carry out the pilot program of digital RMB in Hong Kong in order to comprehensively deepen the close practical cooperation between the mainland and Hong Kong, and consolidate and enhance Hong Kong's position as an international financial center.
Golden Encyclopedia
▌What is Fractal Bitcoin
Fractal Bitcoin is an innovative blockchain expansion solution based on recursive virtualization technology, which enhances the scalability of Bitcoin by creating a multi-layer network structure while maintaining a secure connection to the main network. The creative background of fractal Bitcoin originated from the emergence of the Ordinals protocol and related applications in 2023. For security reasons, Bitcoin imposes restrictions on opcode and block storage space in its iteration. When the Bitcoin chain ecosystem is developing rapidly, there are limitations in on-chain computing power and block space, so the developers proposed the concept of fractal Bitcoin, hoping to solve the shortcomings of the Bitcoin network.
Disclaimer: As a blockchain information platform, the content of the articles published by Golden Finance is for information reference only and is not used as actual investment advice. Please establish the correct investment philosophy and be sure to improve your risk awareness.
