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Showing posts with the label china news

Interview with Berachain co-founder: How to develop from an NFT community to L1 and create a positive flywheel effect

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In this episode, we talk with Smokey, the co -founder of Bera chain , about the unique aspects and transformative potential of Bera chain within the block chain ecosystem. Smokey provides insights into how Bera chain ’s proof of liquidity model enhances security and incentivizes liquidity. He discusses the EVM-identical nature of Bera chain , the use of Comet BFT consensus for single slot finality, and the two-token system of $BGT and $BERA. Smokey also highlights Bera chain ’s evolution from an NFT community , the challenges and innovations in airdrop design, and the role of native dApps in setting a quality baseline for the ecosystem. The conversation concludes with a discussion on the positive flywheel effect and the future of Bera chain . Audio-to-text conversion uses GPT, and there may be errors. Please listen to Youtube for the full podcast: YouTube Introduction and Background of Berachain Berachain is an EVM-identical Layer 1 blockchain built on proof of liquidity, which e...

In-depth Analysis: Why was the Binance Account Stolen after Using the Malicious Plug-in?

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By:@SlowMist_Team Source: https://web3caff.com/zh/archives/94779 https://foresightnews.pro/article/detail/61654 On March 1, 2024, according to Twitter user @doomxbt, there was an abnormal situation with his Binance account, and funds were suspected to have been stolen. Initially, this incident did not attract much attention. However, on May 28, 2024, Twitter user @Tree_of_Alpha analyzed and found that the victim, @doomxbt, might have installed a malicious Aggr extension from the Chrome Store, which had many positive reviews! This extension can steal all cookies from the websites visited by the user, and two months ago, someone paid influencers to promote it. On June 3, 2024, tragedy struck again. Twitter user @CryptoNakamao posted about losing 1 million USD due to downloading the malicious Chrome extension Aggr. In this article, we will provide a detailed Analysis of the malicious activities of the fake Aggr extension and explain its basic knowledge and potential risks through a six-q...

Asia's weekly TOP10 crypto news (May 20 to May 26)

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1. Bitcoin Reaches All-Time Highs in Local Currencies in Japan, Argentina, and the Philippines link According to CMC data, BTC reached an all-time high of 11.2 million yen during early trading on May 21 in Japan, surpassing 11 million yen for the first time. In Argentina, Bitcoin prices also peaked, reaching 63.8 million Argentine pesos (ARS), slightly above the mid-March peak. Additionally, Bitcoin prices in the Philippines hit a record high of 4.18 million pesos (PHP). 2. Hong Kong Regulatory News This Week 2.1 Hong Kong Securities and Futures Commission in Talks to Allow Ethereum ETF Issuers to Stake link The Hong Kong Securities and Futures Commission (SFC) is currently in discussions to allow Ethereum ETF issuers to engage in staking. In contrast, recent 19b-4 filings by U.S. Ethereum ETF issuers have indicated that they will not participate in Ethereum staking. However, trading volume for Ethereum ETFs in Hong Kong remains quite lackluster. 2.2 Hong Kong Police Arrest Over 100 in...