I am very glad to meet CZ in Tokyo. This is his return to Japan after 7 years, and during this time, the entire industry has undergone tremendous changes.
At this event, I asked CZ a question: How do you view the on-chain of everything and the tokenization of stocks?
He replied: There have not yet been large-scale coin-stock products on the market. The possible reason is that each country and region has different policies, making it difficult for coin-stock investors to receive dividends and easily redeem stocks. There are also price differences during trading. However, projects on the chain are usually global in nature, which was a significant pain point back then.
Restrict areas or try to solve it?
But he reiterated that the trend of RWA cannot be stopped. $BNB
An 8-year veteran practitioner tells you: How to spend the industry's garbage time
The market has gradually become quiet recently. Many colleagues have expressed that they can’t see the direction clearly or are forced to be friends with time. This is actually not the first time.
Looking back, since I entered the circle in 2016, I seem to have experienced four major garbage cycles. Although I often comfort myself in my heart that all this will pass, the positive cycle will come back, and liquidity will come back, but when we are really in the garbage time, we will feel more or less depressed or helpless.
Winter in Zhongguancun.
The first garbage time was when I entered the circle. At that time, the industry had just shifted from the cold winter of 2015 to the recovery period of 2016. OKCoin and Huobi, located in Zhongguancun, also stopped layoffs. The market was gradually recovering, and exchanges finally had positive income.
Claiming that their company will surpass NVIDIA and Tesla in the pursuit of ecological dominance, the company's WeChat Moments post has drawn backlash even from internal employees.
An employee in a group chat with 1,066 members tagged their boss, saying he knows nothing, and simultaneously tagged the boss's supporters, calling them sycophants who blindly idolize the boss and indulge in unrealistic daydreams.
Wow! A domestic internet company, Xunlei, has announced it will sue its former CEO, accusing him of repeatedly using fake contracts to siphon money from the company, even diverting funds to cryptocurrency trading.
Then, in 2020, the incident was exposed and investigated by Shenzhen authorities, after which he fled overseas and has not returned to date. The amount being pursued exceeds 200 million RMB.
Tonight, CCTV News aired a special report about the former director of the People's Bank of China's Digital Currency Research Institute. During his tenure, he abused his position to help a cryptocurrency entrepreneur get a cryptocurrency exchange to lower its barriers, enabling the entrepreneur to successfully raise 20,000 ETH. The former official personally received 2,000 ETH as a bribe.
At the peak of the 2021 bull market, the individual cashed out 370 ETH.
Then, through multiple accounts, he transferred the equivalent of 10 million RMB to purchase a villa in the suburbs of Beijing for relatives. The villa is valued at 20 million RMB.
In 2024, the individual was investigated and now faces imprisonment, along with his subordinates.
Confirmed! Binance Wallet Web Version Officially Launches Perpetual Contracts Trading Functionality. It has been confirmed that this feature is provided by Aster, a derivatives DEX built on the BNB Chain.
After entering the page, Binance will pop up a disclaimer stating that all activities occur on Aster, and Binance Wallet serves only as a display and participation channel.
The page design is similar to Binance Contracts, both featuring a horizontal K-line chart, order book, and full-screen layout for placing orders.
Wow, today Caixin's homepage featured a 10,000-character in-depth article exposing the太子 Group and Chen Zhi, who was arrested by Chinese police.
The content mentions that Brother didn't just engage in human trafficking, online fraud, and gambling operations in Southeast Asia, but also had VC investment funds in mainland China, investing in numerous gaming and tech companies, always maintaining business operations.
Additionally, international cigar brands such as Habanos and Imperial Tobacco are also part of Chen Zhi's enterprises.
What Brother has consistently done in the past is to collect illicit funds through cryptocurrencies, then convert them into fiat currency, and finally invest in clean assets like watches, real estate, and artworks.
This entire process is carried out through exchanges and underground banks.
After confirming with the National Tax Agency of Japan, the market rumors about Binance synchronizing user information with the global tax authority CARF (Cryptocurrency Tax Coordination Framework) have been verified as not including mainland China.
However, there are 48 countries involved, including Singapore, Canada, South Korea, Cayman Islands, and also Hong Kong, China.
The effective date is January 1, 2026, with tax reporting and payment required by April 30, 2027.
Unless you plan to fully localize within mainland China, and have no overseas identity, no overseas bank accounts, and are neither studying abroad nor becoming a long-term resident overseas, avoiding these regulations will become a complicated issue going forward.
2.3 billion USD stock reward! Tesla submitted an official report, and Zhu Xiaotong, who originally came from China, has received a new 5-year employment contract extension from Tesla, including a subsequent reward of 520,000 Tesla shares upon completing 5 years.
Zhu Xiaotong is the driving force behind Tesla's Shanghai Gigafactory, joined Tesla in 2014, and was promoted to Senior Vice President in 2023.
Last month, Tesla Model Y topped the sales chart in mainland China, achieving the highest monthly sales in the past 12 months with 65,800 units sold. Meanwhile, Model 3 sales also rebounded to over 27,000 units per month, marking the highest level in the past 13 months.
Today, President Trump visited the Ford factory in the United States, and someone allegedly insulted him on the spot. Then Trump's mouth appeared to say 'Go to hell,' and he gave the middle finger to the person who insulted him.
2 hours ago, President Trump posted a message on Truth Social stating that, in addition to being the President of the United States, he is also the Acting President of Venezuela, with an assumed start date of January 2026.
Previously, media reports suggested that after capturing the President of Venezuela, the United States intended to appoint a Governor to Venezuela.
This, either up or down? Traditional asset management firm VanEck made a prediction about Ethereum's future price in 2024, estimating that by 2030, the ETH price will be between $360 and $22,000, with the most optimistic scenario possibly reaching $154,000.
The prediction is that ETH will either drop to $360 or rise to $154,000.
English-speaking region: Will Iran collapse? Will Trump occupy Greenland? Who will win the Super Bowl? Supporters of two prediction markets are attacking each other.
Chinese-speaking region: Dad, Mom, I'm damn here, CZ and the first lady posted on Twitter.
Currently, the most popular searches across cryptocurrency wallets are entirely dominated by Chinese-themed tokens. In Binance Wallet's top 15 trending tokens, only 2 are English tokens.
Tokens such as Trump, Laozi, and黑马 have seen trading volumes exceeding $10 million within 24 hours.
It's like a flashback to 2016, when everyone was trading Monkey Token, Penguin Token, Monkey Coin, and Shark Coin—now revived in full force.
Due to Binance's sequential listing of Chinese-themed tokens, cryptocurrencies such as 'Mom', 'Hakimi', 'Love You Old One', and 'Life K-line' have surged in popularity on the Binance Wallet this morning.
The token named 'Mom' displays the message 'Mom balance insufficient, please recharge' when there's not enough quantity during trading or exchange on the Binance Wallet.
This has sparked community mockery and widespread sharing.
The only way to resolve the differences now is for CZ or the first sister to post:
As customer service Xiao He, I've just finished browsing kale, damn it, I'm checking out Haki Mi's cultivation journey, and I recommend buying at lower prices, then hold up a 4, hoping that those who pass by won't forget to donate to Giggle to support the community's public welfare Palu BNB HODLer development.
Binance announced this afternoon that it will be launching more traditional asset USDT futures contracts on the platform.
Previously, Binance launched gold and silver futures contracts in the TradFi sector. The benefit of these contracts is that they can be traded and settled using the stablecoin USDT, lowering the barriers to entry and review for traditional foreign exchange futures platforms.
Popular futures such as crude oil, copper, and aluminum are expected to arrive soon.