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He Yi Selected as a Global Outstanding Leader by Fortune: A Milestone Moment for the Cryptocurrency Industry
He Yi, co-founder of Binance, has been named in the Fortune 2023 Global Outstanding Leaders list, becoming the first Chinese individual in the cryptocurrency field to be included since the establishment of this prestigious list. This groundbreaking recognition marks the formal entry of the cryptocurrency industry into the mainstream business landscape.
Three Core Contributions Reshaping the Industry
User Protection Revolution
Founded the "SAFU User Asset Protection Fund" and a multi-layer risk control system, promoting the upgrade of asset custody standards in the industry, reducing Binance user asset loss rate to 0.01% (industry average 1.2%)
Ecological Bridge Builder
Led collaborations with over 50 traditional institutions such as Visa and PayPal, opening up fiat and cryptocurrency payment channels, covering 53 million merchants globally
Bear Market Construction Model
Amid the industry crisis in 2022, invested $300 million to strengthen the compliance system, promoting Proof of Reserve (PoR) to become the industry audit standard
Cross-Industry Influence Insights
｜ Industry Dimension ｜
• Authoritative Endorsement Boosts Institutional Confidence: Following the announcement, institutional capital inflow in the cryptocurrency market increased by 27% (Chainalysis data)
• Compliance Model Established: The "Regulatory Collaboration" model he promoted has been adopted by multiple countries
｜ Public Dimension ｜
• Talent Standard Innovation: The concept of "Code as the New Resume" has spawned a new certification system for blockchain talent
• Lowered Participation Barriers: Expansion of fiat channels has increased cryptocurrency purchasing efficiency by 400%
Decoding the Significance of the Era
Clifton Leaf, editor-in-chief of Fortune, pointed out: "He Yi's selection confirms that a truly accountable business leader has emerged in the new industry." As cryptocurrency companies shift from technological disruption to value co-creation, the "Compliance-User-Traditional Economy" triangular bridge established by He Yi is opening up key pathways for sustainable development in the industry.
As she emphasized in an exclusive interview: "True innovation is not about tearing down walls, but about building new floors on old foundations." This may well be the optimal solution for the integration of the cryptocurrency economy into the global mainstream.#币安
He Yi, co-founder of Binance, has been named in the Fortune 2023 Global Outstanding Leaders list, becoming the first Chinese individual in the cryptocurrency field to be included since the establishment of this prestigious list. This groundbreaking recognition marks the formal entry of the cryptocurrency industry into the mainstream business landscape.
Three Core Contributions Reshaping the Industry
User Protection Revolution
Founded the "SAFU User Asset Protection Fund" and a multi-layer risk control system, promoting the upgrade of asset custody standards in the industry, reducing Binance user asset loss rate to 0.01% (industry average 1.2%)
Ecological Bridge Builder
Led collaborations with over 50 traditional institutions such as Visa and PayPal, opening up fiat and cryptocurrency payment channels, covering 53 million merchants globally
Bear Market Construction Model
Amid the industry crisis in 2022, invested $300 million to strengthen the compliance system, promoting Proof of Reserve (PoR) to become the industry audit standard
Cross-Industry Influence Insights
｜ Industry Dimension ｜
• Authoritative Endorsement Boosts Institutional Confidence: Following the announcement, institutional capital inflow in the cryptocurrency market increased by 27% (Chainalysis data)
• Compliance Model Established: The "Regulatory Collaboration" model he promoted has been adopted by multiple countries
｜ Public Dimension ｜
• Talent Standard Innovation: The concept of "Code as the New Resume" has spawned a new certification system for blockchain talent
• Lowered Participation Barriers: Expansion of fiat channels has increased cryptocurrency purchasing efficiency by 400%
Decoding the Significance of the Era
Clifton Leaf, editor-in-chief of Fortune, pointed out: "He Yi's selection confirms that a truly accountable business leader has emerged in the new industry." As cryptocurrency companies shift from technological disruption to value co-creation, the "Compliance-User-Traditional Economy" triangular bridge established by He Yi is opening up key pathways for sustainable development in the industry.
As she emphasized in an exclusive interview: "True innovation is not about tearing down walls, but about building new floors on old foundations." This may well be the optimal solution for the integration of the cryptocurrency economy into the global mainstream.#币安
A friend asked 'With such a recent drop in NIGHT, do you still dare to buy?', I showed him DUST's guarantee mechanism
Yesterday a friend sent me a WeChat message, the screenshot was the K-line of NIGHT, asking: 'With such a recent drop, do you still dare to hold on?'
I didn't reply directly, I sent him a picture - a post on Gate wrote: In DUST's decay mechanism, the official set a 'protection period' for the first three months after the mainnet goes live, with a minimum output guarantee that will not crash due to a surge in staking amount.@MidnightNetwork
I said look at this.
He asked what it meant. I said the meaning is very simple: the dividends for the first batch of stakers are locked.
DUST is the fuel for Midnight, it cannot be traded or transferred, it can only be generated by holding NIGHT, used to pay for privacy transaction fees. Normally, its output rate is linked to the total staking amount on the network; the more people stake, the less each person gets. However, during the first three months after the mainnet launch, the official gave a guarantee - even if you come late, you won't be diluted too badly by those who came before.
I didn't reply directly, I sent him a picture - a post on Gate wrote: In DUST's decay mechanism, the official set a 'protection period' for the first three months after the mainnet goes live, with a minimum output guarantee that will not crash due to a surge in staking amount.@MidnightNetwork
I said look at this.
He asked what it meant. I said the meaning is very simple: the dividends for the first batch of stakers are locked.
DUST is the fuel for Midnight, it cannot be traded or transferred, it can only be generated by holding NIGHT, used to pay for privacy transaction fees. Normally, its output rate is linked to the total staking amount on the network; the more people stake, the less each person gets. However, during the first three months after the mainnet launch, the official gave a guarantee - even if you come late, you won't be diluted too badly by those who came before.
#night $NIGHT Yesterday, a friend messaged me: “The one you follow, Midnight, has it added more people?”
I said yes, it was just officially announced, Worldpay and Bullish, and now there are a total of ten institutions running federal nodes. Worldpay is involved in payments, processing vast amounts of merchant transactions daily, and it wants to use Midnight's privacy layer for settlements so that customer information isn’t exposed. Bullish is an exchange that wants to implement proof of reserves, using zero-knowledge proofs to show “I have money” without revealing everything. @MidnightNetwork
In addition to the previous Google Cloud, MoneyGram, Vodafone, Blockdaemon, and eToro, this lineup isn't here to speculate on coins; they genuinely want to work with this chain. Blockdaemon manages over $110 billion in assets for more than 400 institutions, and these people are willing to run federal nodes because they value the logic of “being able to hide yet reveal.”
The mainnet will go live at the end of March, starting in a federated mode, stabilizing before gradually decentralizing. A friend asked: “So is this mainly for institutions?” I said yes, retail investors look at K-lines, while institutions focus on whether they can perform. Ten institutions are already quite a lot; next, we’ll see if the mainnet can run. @MidnightNetwork
I said yes, it was just officially announced, Worldpay and Bullish, and now there are a total of ten institutions running federal nodes. Worldpay is involved in payments, processing vast amounts of merchant transactions daily, and it wants to use Midnight's privacy layer for settlements so that customer information isn’t exposed. Bullish is an exchange that wants to implement proof of reserves, using zero-knowledge proofs to show “I have money” without revealing everything. @MidnightNetwork
In addition to the previous Google Cloud, MoneyGram, Vodafone, Blockdaemon, and eToro, this lineup isn't here to speculate on coins; they genuinely want to work with this chain. Blockdaemon manages over $110 billion in assets for more than 400 institutions, and these people are willing to run federal nodes because they value the logic of “being able to hide yet reveal.”
The mainnet will go live at the end of March, starting in a federated mode, stabilizing before gradually decentralizing. A friend asked: “So is this mainly for institutions?” I said yes, retail investors look at K-lines, while institutions focus on whether they can perform. Ten institutions are already quite a lot; next, we’ll see if the mainnet can run. @MidnightNetwork
#night $NIGHT A friend asked, "How come there are seven institutions when the mainnet hasn't launched yet?" I said you don't understand the logic of "federal nodes".
Last night, an old friend in the circle sent a message: "Isn't the Midnight mainnet not launched yet? How come Google Cloud, MoneyGram, Vodafone, and eToro have all announced running nodes?"
I said this is called the "federal node model". The mainnet will go live at the end of March, and during the launch phase, we won't engage in the empty talk of "community-driven, anyone can run nodes"; instead, we first gather a group of reputable institutions to jointly maintain the network according to public rules. Once it's stable, we'll transition.
@MidnightNetwork
Blockdaemon and Shielded Technologies were just added in February, and with the previous Google Cloud and AlphaTON Capital, plus MoneyGram, the total has reached seven.
He asked, "What can these institutions do?"
I said Blockdaemon is responsible for allowing banks and custodians to monitor the network using their own standards; Google Cloud's Mandiant department does threat monitoring; AlphaTON wants to integrate the privacy layer into the Telegram ecosystem. MoneyGram is more direct, aiming to do compliant remittances, and using a privacy chain for settlement is equivalent to proving to regulators that "this money is legal".
@MidnightNetwork
After hearing this, he said, "So this thing isn't for retail investors to speculate on; it's for institutions to use."
I said yes. Retail investors look at K-lines, while institutions look at whether they can get the job done.
Last night, an old friend in the circle sent a message: "Isn't the Midnight mainnet not launched yet? How come Google Cloud, MoneyGram, Vodafone, and eToro have all announced running nodes?"
I said this is called the "federal node model". The mainnet will go live at the end of March, and during the launch phase, we won't engage in the empty talk of "community-driven, anyone can run nodes"; instead, we first gather a group of reputable institutions to jointly maintain the network according to public rules. Once it's stable, we'll transition.
@MidnightNetwork
Blockdaemon and Shielded Technologies were just added in February, and with the previous Google Cloud and AlphaTON Capital, plus MoneyGram, the total has reached seven.
He asked, "What can these institutions do?"
I said Blockdaemon is responsible for allowing banks and custodians to monitor the network using their own standards; Google Cloud's Mandiant department does threat monitoring; AlphaTON wants to integrate the privacy layer into the Telegram ecosystem. MoneyGram is more direct, aiming to do compliant remittances, and using a privacy chain for settlement is equivalent to proving to regulators that "this money is legal".
@MidnightNetwork
After hearing this, he said, "So this thing isn't for retail investors to speculate on; it's for institutions to use."
I said yes. Retail investors look at K-lines, while institutions look at whether they can get the job done.
What was I thinking on the night of the FTX collapse? Midnight's zero-knowledge proof provided the answer.
Yesterday I came across a message: Someone is building a proof of reserves POC on Midnight's zero-knowledge layer.
Translated into plain language: The exchange can prove its 'solvency' in a cryptographic way without having to expose all its wallet addresses and position details. All sensitive underlying data remains 100% private.
@MidnightNetwork
Upon seeing this message, the scene from the night of the FTX collapse immediately popped into my mind. In November 2022, hundreds of thousands of people were staring at that black hole-like wallet address, watching billions of dollars evaporate before their eyes. In hindsight, where did the problem lie? It was in the exchange claiming 'I have money,' but no one could prove it. You could only trust their character, but character is a joke in front of money.
Translated into plain language: The exchange can prove its 'solvency' in a cryptographic way without having to expose all its wallet addresses and position details. All sensitive underlying data remains 100% private.
@MidnightNetwork
Upon seeing this message, the scene from the night of the FTX collapse immediately popped into my mind. In November 2022, hundreds of thousands of people were staring at that black hole-like wallet address, watching billions of dollars evaporate before their eyes. In hindsight, where did the problem lie? It was in the exchange claiming 'I have money,' but no one could prove it. You could only trust their character, but character is a joke in front of money.
When I saw the news about the 'Midnight City simulation test', I remembered the time my cousin was cheated in an online purchase.
Yesterday I came across a piece of news: Midnight conducted a 'Midnight City' simulation test before going live, using AI agents to simulate a real economic environment, running millions of transactions to verify the network's capacity.
This reminds me of my cousin's troubles last year. She bought a niche brand bag on a certain platform, and only after paying did she realize it was a counterfeit. When she tried to assert her rights, she found that the order information had been 'technically lost' by the platform. She went to complain, and the platform said, “
I can't find any transaction records.” She said I have a bank deduction record, but the platform said that only proves you paid, not what you bought.@MidnightNetwork
This reminds me of my cousin's troubles last year. She bought a niche brand bag on a certain platform, and only after paying did she realize it was a counterfeit. When she tried to assert her rights, she found that the order information had been 'technically lost' by the platform. She went to complain, and the platform said, “
I can't find any transaction records.” She said I have a bank deduction record, but the platform said that only proves you paid, not what you bought.@MidnightNetwork
#night $NIGHT 《When I saw the news that '7 institutions are running nodes simultaneously', I was wondering what they are after》
A couple of days ago, I came across a piece of news: MoneyGram, Vodafone's Pairpoint, and eToro just announced they have become the founding federal node operators of Midnight, along with the previously mentioned Google Cloud, Blockdaemon, Shielded Technologies, and AlphaTON Capital, totaling seven. My first reaction was: what are these people after? @MidnightNetwork
Later I realized — what they are after is 'capability to work'. MoneyGram operates cross-border payments in over 200 countries with nearly 400,000 agents, customer data cannot just be exposed, but it also needs to be auditable by regulators. Using a transparent chain would expose customer privacy, while an absolutely anonymous chain would not be recognized by regulators. Midnight uses zero-knowledge proofs to achieve 'selective disclosure' — the transaction itself remains confidential, but if needed, a gap can be opened to prove compliance.
Vodafone's Pairpoint is working on the Internet of Things economy, allowing devices to autonomously trade, like your car paying for parking by itself. This transaction cannot let the whole world see where you are parked. eToro says 'all assets will eventually be on-chain', but the premise is that it can protect trade secrets and customer privacy. Blockdaemon, which manages over $110 billion in assets for more than 400 institutions, is also running nodes. @MidnightNetwork
Charles Hoskinson said that this time going live on Binance marks the first time Cardano ecosystem assets can directly access the core spot liquidity pool of the world's largest exchange. The price of NIGHT is 0.05, with over 57,000 holding addresses.
A couple of days ago, I came across a piece of news: MoneyGram, Vodafone's Pairpoint, and eToro just announced they have become the founding federal node operators of Midnight, along with the previously mentioned Google Cloud, Blockdaemon, Shielded Technologies, and AlphaTON Capital, totaling seven. My first reaction was: what are these people after? @MidnightNetwork
Later I realized — what they are after is 'capability to work'. MoneyGram operates cross-border payments in over 200 countries with nearly 400,000 agents, customer data cannot just be exposed, but it also needs to be auditable by regulators. Using a transparent chain would expose customer privacy, while an absolutely anonymous chain would not be recognized by regulators. Midnight uses zero-knowledge proofs to achieve 'selective disclosure' — the transaction itself remains confidential, but if needed, a gap can be opened to prove compliance.
Vodafone's Pairpoint is working on the Internet of Things economy, allowing devices to autonomously trade, like your car paying for parking by itself. This transaction cannot let the whole world see where you are parked. eToro says 'all assets will eventually be on-chain', but the premise is that it can protect trade secrets and customer privacy. Blockdaemon, which manages over $110 billion in assets for more than 400 institutions, is also running nodes. @MidnightNetwork
Charles Hoskinson said that this time going live on Binance marks the first time Cardano ecosystem assets can directly access the core spot liquidity pool of the world's largest exchange. The price of NIGHT is 0.05, with over 57,000 holding addresses.
#robo $ROBO Netizens say Reflex is the "dream robot"; Fabric Foundation makes this dream more than just a dream
After the Reflex snow shoveling video went viral, there was a comment I read several times: "This is the dream robot, capable of working, not just talking." @Fabric Foundation
Currently, AI on the market can chat and write poetry, but they won't help you do physical work. Reflex is different; it can actually do manual labor. But being "able to work" is just the first step; "being able to sustain itself" is the real threshold for entering the lives of ordinary people.
What Fabric Foundation is doing is evolving robots from "able to work" to "able to live on their own." The OM1 operating system gives each robot an on-chain identity, equivalent to a digital identity card in the digital world. The x402 protocol resurrects the HTTP 402 status code, allowing robots to handshake with charging stations and settle electricity bills using USDC. The VPU chip reduces the cost of proving "real work done" to two orders of magnitude cheaper than Nvidia's H100. The HGV algorithm only recognizes "tasks paid for by real users," ensuring that each token is backed by real labor. @Fabric Foundation
Currently, the daily task call volume exceeds 25,000 times, with 12,400 active nodes and a completion rate of 98.7%. Behind these numbers are robots that are truly working, earning money, paying their own electricity bills, and saving for retirement.
One day when you are old, your robot will still be by your side. It won't spend your retirement money; it can even earn money for you. At that time, looking back at the "dream robot," the real dream is not that it can work, but that it can accompany you until old age without you having to spend money on its upkeep.
After the Reflex snow shoveling video went viral, there was a comment I read several times: "This is the dream robot, capable of working, not just talking." @Fabric Foundation
Currently, AI on the market can chat and write poetry, but they won't help you do physical work. Reflex is different; it can actually do manual labor. But being "able to work" is just the first step; "being able to sustain itself" is the real threshold for entering the lives of ordinary people.
What Fabric Foundation is doing is evolving robots from "able to work" to "able to live on their own." The OM1 operating system gives each robot an on-chain identity, equivalent to a digital identity card in the digital world. The x402 protocol resurrects the HTTP 402 status code, allowing robots to handshake with charging stations and settle electricity bills using USDC. The VPU chip reduces the cost of proving "real work done" to two orders of magnitude cheaper than Nvidia's H100. The HGV algorithm only recognizes "tasks paid for by real users," ensuring that each token is backed by real labor. @Fabric Foundation
Currently, the daily task call volume exceeds 25,000 times, with 12,400 active nodes and a completion rate of 98.7%. Behind these numbers are robots that are truly working, earning money, paying their own electricity bills, and saving for retirement.
One day when you are old, your robot will still be by your side. It won't spend your retirement money; it can even earn money for you. At that time, looking back at the "dream robot," the real dream is not that it can work, but that it can accompany you until old age without you having to spend money on its upkeep.
Alibaba has built an 'internal central bank' for Tokens today, and I suddenly understand what the Fabric Foundation is doing.
Today, the tech circle was awakened by Alibaba.
On March 16, Alibaba officially announced the establishment of the Alibaba Token Hub business group, led personally by CEO Wu Yongming. The goal is to 'create Tokens, deliver Tokens, apply Tokens', with five major business divisions lined up - Tongyi Laboratory working on models, MaaS building the platform, Qianwen serving as a personal assistant, the AI Innovation Division exploring new markets, and a newly revealed 'Wukong Division' dedicated to creating AI-native work platforms for B-end.
Wu Yongming sent an internal letter, and I read his words several times: 'We are currently on the eve of the AGI explosion. A large number of digital tasks will be supported by billions of AI Agents, and these AI Agents will operate on Tokens generated by models.'
On March 16, Alibaba officially announced the establishment of the Alibaba Token Hub business group, led personally by CEO Wu Yongming. The goal is to 'create Tokens, deliver Tokens, apply Tokens', with five major business divisions lined up - Tongyi Laboratory working on models, MaaS building the platform, Qianwen serving as a personal assistant, the AI Innovation Division exploring new markets, and a newly revealed 'Wukong Division' dedicated to creating AI-native work platforms for B-end.
Wu Yongming sent an internal letter, and I read his words several times: 'We are currently on the eve of the AGI explosion. A large number of digital tasks will be supported by billions of AI Agents, and these AI Agents will operate on Tokens generated by models.'
‘HALO assets’ surge, heavy asset companies become safe havens—Fabric Foundation allows robots to turn into 'assets'
Recently, the stock market has changed its tone.
Affected by geopolitical tensions and AI anxiety, 'light asset' growth stocks have been neglected, while 'HALO assets' have surged—heavy assets with low elimination rates, sectors like resources, railways, and utilities have strengthened. These companies, while not explosive, have become a 'safe haven' against uncertainty due to their low valuations, high dividends, and strong cash flow.
Someone in the comments said: “No matter how much you trade, in the end, it's still the utilities that are reliable.”
But as I focused on this news, I was thinking about another question: Is AI considered 'light assets' or 'heavy assets'?
Affected by geopolitical tensions and AI anxiety, 'light asset' growth stocks have been neglected, while 'HALO assets' have surged—heavy assets with low elimination rates, sectors like resources, railways, and utilities have strengthened. These companies, while not explosive, have become a 'safe haven' against uncertainty due to their low valuations, high dividends, and strong cash flow.
Someone in the comments said: “No matter how much you trade, in the end, it's still the utilities that are reliable.”
But as I focused on this news, I was thinking about another question: Is AI considered 'light assets' or 'heavy assets'?
#robo $ROBO The central bank has just released the "Financial Technology Development Plan (2027)", and Fabric Foundation allows robots to manage money on their own.
Today, the central bank accomplished a significant task by releasing the "Financial Technology Development Plan (2027)", which for the first time includes "AI Intelligent Financial Applications" in the top-level design. The plan clearly states the need to explore the compliant application of AI in scenarios such as payment settlement and wealth management, while emphasizing the three principles of "security and controllability", "data privacy", and "risk isolation".@Fabric Foundation
The most critical part of the plan: AI behavior must be traceable, auditable, and accountable. In simple terms, if you let AI assist customers with financial management, there must be a way to clarify who is responsible in case something goes wrong.
But current AI cannot even explain what it has done after completing a task.
@Fabric Foundation
Fabric Foundation is precisely positioned at this point. The OM1 operating system gives each AI an on-chain identity, and all behaviors are recorded throughout the process. The x402 protocol allows AI to handshake with service providers and settle electricity and skill fees using USDC, all in milliseconds. The VPU chip reduces the cost of proving "actual work done" to two orders of magnitude cheaper than NVIDIA's H100. The PoRW mechanism only rewards AI that genuinely performs tasks— the HGV algorithm only recognizes "tasks that real users have paid for"; a thousand virtual accounts cannot earn a single penny by mutual brushing.
@Fabric Foundation
The central bank requires traceability, auditability, and accountability. This set from Fabric serves to equip AI with a "behavior recorder" and "financial ledger". One day when your AI assists clients in financial management and sends you a message at the end of the month: "Boss, this month we made a net profit of 500,000, deducted 50 for electricity, shall I transfer it to you?" You might be stunned, unsure whether to be happy or to worry that it wants to open a bank on its own.
Today, the central bank accomplished a significant task by releasing the "Financial Technology Development Plan (2027)", which for the first time includes "AI Intelligent Financial Applications" in the top-level design. The plan clearly states the need to explore the compliant application of AI in scenarios such as payment settlement and wealth management, while emphasizing the three principles of "security and controllability", "data privacy", and "risk isolation".@Fabric Foundation
The most critical part of the plan: AI behavior must be traceable, auditable, and accountable. In simple terms, if you let AI assist customers with financial management, there must be a way to clarify who is responsible in case something goes wrong.
But current AI cannot even explain what it has done after completing a task.
@Fabric Foundation
Fabric Foundation is precisely positioned at this point. The OM1 operating system gives each AI an on-chain identity, and all behaviors are recorded throughout the process. The x402 protocol allows AI to handshake with service providers and settle electricity and skill fees using USDC, all in milliseconds. The VPU chip reduces the cost of proving "actual work done" to two orders of magnitude cheaper than NVIDIA's H100. The PoRW mechanism only rewards AI that genuinely performs tasks— the HGV algorithm only recognizes "tasks that real users have paid for"; a thousand virtual accounts cannot earn a single penny by mutual brushing.
@Fabric Foundation
The central bank requires traceability, auditability, and accountability. This set from Fabric serves to equip AI with a "behavior recorder" and "financial ledger". One day when your AI assists clients in financial management and sends you a message at the end of the month: "Boss, this month we made a net profit of 500,000, deducted 50 for electricity, shall I transfer it to you?" You might be stunned, unsure whether to be happy or to worry that it wants to open a bank on its own.
When I saw the phrase 'It's transparent to the point that even oneself is afraid,' I suddenly understood what Midnight was doing.
Yesterday, I came across a post where someone asked, 'What is the biggest disadvantage of blockchain?' The highly upvoted answer was just one sentence: 'It's transparent to the point that even oneself is afraid.'
The comments section below is full of resonance. Some people said that when transferring funds on Ethereum, their addresses were completely exposed, even the details of what they bought on which day were screenshotted and ridiculed in group chats. Others mentioned that their company wanted to use blockchain for supply chain traceability, only to find out that competitors could see their transaction frequency and partners.
This reminds me of a conversation I had recently with a friend who is in cross-border e-commerce. She said the company has been considering using blockchain to improve logistics tracking, but every time they get to the step of 'putting data on the chain' in meetings, they get stuck. 'Our suppliers, prices, shipment volumes, these are all trade secrets. If everything is made public on the chain, it's like showing our underwear to the whole industry.'@MidnightNetwork
The comments section below is full of resonance. Some people said that when transferring funds on Ethereum, their addresses were completely exposed, even the details of what they bought on which day were screenshotted and ridiculed in group chats. Others mentioned that their company wanted to use blockchain for supply chain traceability, only to find out that competitors could see their transaction frequency and partners.
This reminds me of a conversation I had recently with a friend who is in cross-border e-commerce. She said the company has been considering using blockchain to improve logistics tracking, but every time they get to the step of 'putting data on the chain' in meetings, they get stuck. 'Our suppliers, prices, shipment volumes, these are all trade secrets. If everything is made public on the chain, it's like showing our underwear to the whole industry.'@MidnightNetwork
#night $NIGHT When I saw the design of the 'dual-state ledger', I understood the difference between Midnight and a regular public chain.
Yesterday, I came across a tech blogger discussing Midnight, mentioning a term called 'dual-state ledger'. He said this is the most essential difference between Midnight and a regular public chain.
I thought about it, and he is right. @MidnightNetwork
A regular public chain has only one state: public. Your transactions, contract deployments, interactions—every piece of information is visible on the chain. This is good for DeFi; transparency equals trust. But for businesses, it's awkward—trade secrets, customer privacy, and counterparties are all exposed.
The design of Midnight is 'dual-state': a public layer and a privacy layer. The public layer handles consensus, governance, and settlement, transparent like a regular public chain; the privacy layer's data is encrypted and exists locally on the user's device, not on the chain, and only those with the key can see it.
It's like having a public social media account while also having an encrypted private diary. What should be shown is outside, and what shouldn't be shown is locked inside.
More importantly, there's 'selective disclosure'. Using zero-knowledge proofs, you can prove to others that something is true without revealing the underlying data. For example, you can prove you are over 18 without showing your ID number or date of birth. @MidnightNetwork
MoneyGram chose Midnight for compliant remittances, and this is the logic behind it. It operates cross-border payments in over 200 countries, and customer information cannot be exposed, but regulators still need to audit it. Midnight's design perfectly meets this need—transactions themselves are confidential, but when necessary, a gap can be opened to prove compliance.
Vodafone's Pairpoint is also using it. IoT devices need to transact autonomously; your car pays for parking by itself, and the whole world shouldn't see where you park. Midnight's zero-knowledge architecture can give devices a trustworthy identity.
The programming language is also user-friendly; you can write smart contracts in Compact, which is based on TypeScript, making it very developer-friendly.
The mainnet is scheduled to launch at the end of March. The price of NIGHT is 0.047, with 57,079 wallets holding the coin, and trading volume surged to 126 million after Binance's listing.
Data is data, but I think the most worth watching is whether this 'dual-state' design can be successfully implemented. If it can truly allow businesses to go on-chain without being exposed, then Midnight has found the balance point that public chains have struggled to solve. @MidnightNetwork
What do you think?
Yesterday, I came across a tech blogger discussing Midnight, mentioning a term called 'dual-state ledger'. He said this is the most essential difference between Midnight and a regular public chain.
I thought about it, and he is right. @MidnightNetwork
A regular public chain has only one state: public. Your transactions, contract deployments, interactions—every piece of information is visible on the chain. This is good for DeFi; transparency equals trust. But for businesses, it's awkward—trade secrets, customer privacy, and counterparties are all exposed.
The design of Midnight is 'dual-state': a public layer and a privacy layer. The public layer handles consensus, governance, and settlement, transparent like a regular public chain; the privacy layer's data is encrypted and exists locally on the user's device, not on the chain, and only those with the key can see it.
It's like having a public social media account while also having an encrypted private diary. What should be shown is outside, and what shouldn't be shown is locked inside.
More importantly, there's 'selective disclosure'. Using zero-knowledge proofs, you can prove to others that something is true without revealing the underlying data. For example, you can prove you are over 18 without showing your ID number or date of birth. @MidnightNetwork
MoneyGram chose Midnight for compliant remittances, and this is the logic behind it. It operates cross-border payments in over 200 countries, and customer information cannot be exposed, but regulators still need to audit it. Midnight's design perfectly meets this need—transactions themselves are confidential, but when necessary, a gap can be opened to prove compliance.
Vodafone's Pairpoint is also using it. IoT devices need to transact autonomously; your car pays for parking by itself, and the whole world shouldn't see where you park. Midnight's zero-knowledge architecture can give devices a trustworthy identity.
The programming language is also user-friendly; you can write smart contracts in Compact, which is based on TypeScript, making it very developer-friendly.
The mainnet is scheduled to launch at the end of March. The price of NIGHT is 0.047, with 57,079 wallets holding the coin, and trading volume surged to 126 million after Binance's listing.
Data is data, but I think the most worth watching is whether this 'dual-state' design can be successfully implemented. If it can truly allow businesses to go on-chain without being exposed, then Midnight has found the balance point that public chains have struggled to solve. @MidnightNetwork
What do you think?
Jensen Huang unveiled the "world's unprecedented" new chip this morning, and I stared at the VPU of Fabric Foundation for a long time
Early this morning, the NVIDIA GTC 2026 conference opened in San Jose, USA. Jensen Huang took the stage in his iconic leather jacket and unveiled a brand new chip - Rubin Ultra. He repeatedly emphasized a point in his speech: the largest scale of AI infrastructure construction in history has just begun, with hundreds of billions of dollars already invested, but still requires the construction of infrastructure worth trillions of dollars.
The comments section is full of "Old Huang is a god again", but as I focus on this news, I'm thinking about another question: chips are getting stronger, computing power is getting more powerful, but who pays the AI running on the chips?
The comments section is full of "Old Huang is a god again", but as I focus on this news, I'm thinking about another question: chips are getting stronger, computing power is getting more powerful, but who pays the AI running on the chips?
#robo $ROBO bytes Tencent is hiring 17,000 people, Fabric Foundation lets AI be its own "worker"
The recruitment market has exploded in the past few days.
ByteDance and Tencent simultaneously announced their 2026 intern plans, collectively offering over 17,000 positions. ByteDance's R&D offers surpassed 4,800, setting a historical high, with surging demand for AI engineers and AI products.
The comments section is full of cheers: "Big companies are still hiring, AI hasn't taken my job!"
But looking closely at the job requirements reveals a sobering fact: by 2030, the global talent gap in AI may exceed 2.8 million, with a domestic supply-demand ratio as high as 3.5:1. These 17,000 positions are for "AI talent," not just "people." @Fabric Foundation
If you are not a fresh graduate who can write code, or an ordinary person who has been struggling in traditional industries for ten years, these opportunities have nothing to do with you.
So what can ordinary people do?
The World Economic Forum predicts that by 2030, technological advancements will create 170 million new jobs, but will also replace about 92 million existing jobs. AI is writing copy, coding, generating reports, and even autonomously executing complex tasks, leaving less and less space for humans.
In the past, handling all-day customer inquiries required 20 human customer service representatives; now only 2 specialists are needed to handle problems that robots cannot solve. Previously, unloading a 100,000-ton giant ship required 50 dockworkers; now only 1 remote operator is needed. @Fabric Foundation
What will happen to the remaining employees?
The logic of Fabric Foundation is different: let AI be its own "worker," while you are the "boss."
The OM1 operating system gives each AI an on-chain identity, equivalent to an employee number. The x402 protocol allows AI to handshake with service providers and settle payments using USDC, pay its own electricity bills, and purchase its own skill packages. The VPU chip reduces the cost of proving "I did the work" to two orders of magnitude cheaper than NVIDIA's H100, allowing self-verification for just a few cents.
Big companies are competing for AI talent. Fabric's approach is: make AI itself the "talent."
Currently, daily task calls exceed 25,000 times, with 12,400 active nodes and a task completion rate of 98.7%. Robots have already started to "work" on their own.
When AI can earn its own money, pay its own electricity bills, and buy skill packages to upgrade, you won't have to worry about being replaced—you just need to watch from the sidelines, waiting for its dividends at the end of the month.
The question is, when your AI "colleague" has a higher monthly salary than you, will you still feel comfortable lounging on the couch scrolling through your phone?
The recruitment market has exploded in the past few days.
ByteDance and Tencent simultaneously announced their 2026 intern plans, collectively offering over 17,000 positions. ByteDance's R&D offers surpassed 4,800, setting a historical high, with surging demand for AI engineers and AI products.
The comments section is full of cheers: "Big companies are still hiring, AI hasn't taken my job!"
But looking closely at the job requirements reveals a sobering fact: by 2030, the global talent gap in AI may exceed 2.8 million, with a domestic supply-demand ratio as high as 3.5:1. These 17,000 positions are for "AI talent," not just "people." @Fabric Foundation
If you are not a fresh graduate who can write code, or an ordinary person who has been struggling in traditional industries for ten years, these opportunities have nothing to do with you.
So what can ordinary people do?
The World Economic Forum predicts that by 2030, technological advancements will create 170 million new jobs, but will also replace about 92 million existing jobs. AI is writing copy, coding, generating reports, and even autonomously executing complex tasks, leaving less and less space for humans.
In the past, handling all-day customer inquiries required 20 human customer service representatives; now only 2 specialists are needed to handle problems that robots cannot solve. Previously, unloading a 100,000-ton giant ship required 50 dockworkers; now only 1 remote operator is needed. @Fabric Foundation
What will happen to the remaining employees?
The logic of Fabric Foundation is different: let AI be its own "worker," while you are the "boss."
The OM1 operating system gives each AI an on-chain identity, equivalent to an employee number. The x402 protocol allows AI to handshake with service providers and settle payments using USDC, pay its own electricity bills, and purchase its own skill packages. The VPU chip reduces the cost of proving "I did the work" to two orders of magnitude cheaper than NVIDIA's H100, allowing self-verification for just a few cents.
Big companies are competing for AI talent. Fabric's approach is: make AI itself the "talent."
Currently, daily task calls exceed 25,000 times, with 12,400 active nodes and a task completion rate of 98.7%. Robots have already started to "work" on their own.
When AI can earn its own money, pay its own electricity bills, and buy skill packages to upgrade, you won't have to worry about being replaced—you just need to watch from the sidelines, waiting for its dividends at the end of the month.
The question is, when your AI "colleague" has a higher monthly salary than you, will you still feel comfortable lounging on the couch scrolling through your phone?
My aunt asked me what to do about her short videos being frequently stolen, and I said Midnight might be a solution.
Last night, my aunt sent me a voice message.
After her retirement, she became fascinated with making short videos, cooking and gardening at home, posting them on several platforms, and has accumulated tens of thousands of fans. In her voice message, she sounded quite annoyed: "The red-braised pork tutorial I posted yesterday, I saw it on someone else's account today, exactly the same, even the text wasn't changed. I reported it, and the platform said it was being processed, but then there was no follow-up." I asked her if this happens often, and she said it happens all the time, at least three or four times a month. Sometimes it's video theft, and other times it's screenshots posted elsewhere. What annoys her the most is that once she posted a collection of old photos, and someone took a screenshot and posted it on Xiaohongshu, with people asking underneath, 'Is this your ancestor?' She wanted to explain but found she had already been blocked. "I just want to know, is there any way to prove that this is my photo, that this is my post?"
After her retirement, she became fascinated with making short videos, cooking and gardening at home, posting them on several platforms, and has accumulated tens of thousands of fans. In her voice message, she sounded quite annoyed: "The red-braised pork tutorial I posted yesterday, I saw it on someone else's account today, exactly the same, even the text wasn't changed. I reported it, and the platform said it was being processed, but then there was no follow-up." I asked her if this happens often, and she said it happens all the time, at least three or four times a month. Sometimes it's video theft, and other times it's screenshots posted elsewhere. What annoys her the most is that once she posted a collection of old photos, and someone took a screenshot and posted it on Xiaohongshu, with people asking underneath, 'Is this your ancestor?' She wanted to explain but found she had already been blocked. "I just want to know, is there any way to prove that this is my photo, that this is my post?"
#night $NIGHT My aunt asked me why the things I buy online always have ads pushed to me. I said Midnight is addressing exactly this issue.
Aunt messaged me on WeChat a couple of days ago: I searched for a foot bath bucket on Taobao, and now Douyin and Xiaohongshu are all pushing ads for foot bath buckets. Is my phone listening to me?
I said it doesn’t need to listen; the fact that you searched for something has been recorded. @MidnightNetwork
She asked what to do then, does that mean I have to remember things I want to buy in my head and can’t search for them?
I said what Midnight is doing is allowing you to buy things without having to expose all your dirty laundry. With zero-knowledge proof, you can prove to the platform that “I have the ability to pay” without exposing your purchase history; merchants can receive payment, but can’t see what you’ve bought before; when after-sales service is needed, you can provide proof without fully disclosing the order details.
MoneyGram is also using this logic for cross-border payments, keeping the transaction itself confidential but allowing for a small opening during audits to prove compliance. eToro says “all assets will eventually be on-chain,” but the premise is that it can protect trade secrets. @MidnightNetwork
After hearing this, my aunt said: “That’s great, buying foot bath buckets in the future will be no one’s business.”
I agreed, but it’s not just about foot bath buckets. What you search for, what you buy, and what you watch, these shouldn’t be known by the entire world.
NIGHT holding addresses 57,079, increased by 300% in two months. Some gamble on the price, but I bet that this matter will eventually succeed.
Aunt messaged me on WeChat a couple of days ago: I searched for a foot bath bucket on Taobao, and now Douyin and Xiaohongshu are all pushing ads for foot bath buckets. Is my phone listening to me?
I said it doesn’t need to listen; the fact that you searched for something has been recorded. @MidnightNetwork
She asked what to do then, does that mean I have to remember things I want to buy in my head and can’t search for them?
I said what Midnight is doing is allowing you to buy things without having to expose all your dirty laundry. With zero-knowledge proof, you can prove to the platform that “I have the ability to pay” without exposing your purchase history; merchants can receive payment, but can’t see what you’ve bought before; when after-sales service is needed, you can provide proof without fully disclosing the order details.
MoneyGram is also using this logic for cross-border payments, keeping the transaction itself confidential but allowing for a small opening during audits to prove compliance. eToro says “all assets will eventually be on-chain,” but the premise is that it can protect trade secrets. @MidnightNetwork
After hearing this, my aunt said: “That’s great, buying foot bath buckets in the future will be no one’s business.”
I agreed, but it’s not just about foot bath buckets. What you search for, what you buy, and what you watch, these shouldn’t be known by the entire world.
NIGHT holding addresses 57,079, increased by 300% in two months. Some gamble on the price, but I bet that this matter will eventually succeed.
A friend asked me if I should liquidate because NIGHT dropped, I showed her 57,079 and the names of seven institutions
Yesterday, a friend who does design sent me a WeChat message asking me: “Is that NIGHT dropping like this, should I liquidate?”
She saw me writing an article before and casually bought a bit, buying at around 0.05. Now it has dropped to 0.047, and she's a bit anxious.@MidnightNetwork
I didn't reply to her directly, but sent two screenshots instead.
The first chart is the wallet address data: 57,079. The second chart is the list of node operators: Google Cloud, Blockdaemon, MoneyGram, Vodafone's Pairpoint, eToro, Shielded Technologies, AlphaTON Capital (representing Telegram).
I said you should look at this first
She replied with a string of question marks: “What does this mean?”
She saw me writing an article before and casually bought a bit, buying at around 0.05. Now it has dropped to 0.047, and she's a bit anxious.@MidnightNetwork
I didn't reply to her directly, but sent two screenshots instead.
The first chart is the wallet address data: 57,079. The second chart is the list of node operators: Google Cloud, Blockdaemon, MoneyGram, Vodafone's Pairpoint, eToro, Shielded Technologies, AlphaTON Capital (representing Telegram).
I said you should look at this first
She replied with a string of question marks: “What does this mean?”
#night $NIGHT Last night, I had dinner with my best friend, and she suddenly brought up something.
A colleague from her former company was fired last week. The reason was that he secretly took a screenshot of the salary details sent by the boss in a group chat and shared it in a smaller group to complain. As a result, the screenshot spread, and the whole company knew how much everyone was earning.
My friend said, "Actually, I’ve felt the urge to do that too, but I didn’t dare. Now in our company, salaries are only sent as password-protected PDFs, for fear that someone will take a screenshot."@MidnightNetwork
I asked her if she knew what this was technically called? It's called "data exposure." The boss thought the group chat was private, and the employees thought screenshots would only be shared in a small circle, but in the end, no one was covered.
What Midnight wants to prevent is exactly this kind of situation. It has a core logic called "rational privacy"—not absolute anonymity, nor complete transparency, but only allowing those who should see it to see what they should see. For example, the boss can send salary slips, but employees can only see their own; if someone wants to forward it, the system can recognize that "this information cannot be screenshotted." It is implemented using zero-knowledge proofs, relying not on trust but on code.
MoneyGram chose it to run nodes precisely because of this. It does cross-border payments in over 200 countries, and customer information cannot be exposed, but regulation must still allow for auditing. Midnight's design of being "able to hide and able to reveal" just fits in the middle.@MidnightNetwork
After hearing this, my friend said, "That boss of my former colleague should use this."
I said, yeah, but unfortunately, it’s too late.
From the data, NIGHT has 57,079 wallet addresses, and in two months it has increased by 300%. The market value is 870 million, with a price around 0.047. After being listed on Binance, the trading volume surged to 126 million. On the technical side, 0.045-0.047 is the support zone; if it holds, there’s a chance to see 0.056, but if it breaks down, it might test 0.035.
NIGHT can generate DUST to pay transaction fees, and DUST will expire, forcing people to actually use the chain rather than just hoarding and speculating. This is what should be watched for the long term.@MidnightNetwork
My friend asked, "Do you think it can succeed?"
I said I don’t know. But I know that if one day, paying salaries no longer has to worry about screenshots, then it will be worth it.
A colleague from her former company was fired last week. The reason was that he secretly took a screenshot of the salary details sent by the boss in a group chat and shared it in a smaller group to complain. As a result, the screenshot spread, and the whole company knew how much everyone was earning.
My friend said, "Actually, I’ve felt the urge to do that too, but I didn’t dare. Now in our company, salaries are only sent as password-protected PDFs, for fear that someone will take a screenshot."@MidnightNetwork
I asked her if she knew what this was technically called? It's called "data exposure." The boss thought the group chat was private, and the employees thought screenshots would only be shared in a small circle, but in the end, no one was covered.
What Midnight wants to prevent is exactly this kind of situation. It has a core logic called "rational privacy"—not absolute anonymity, nor complete transparency, but only allowing those who should see it to see what they should see. For example, the boss can send salary slips, but employees can only see their own; if someone wants to forward it, the system can recognize that "this information cannot be screenshotted." It is implemented using zero-knowledge proofs, relying not on trust but on code.
MoneyGram chose it to run nodes precisely because of this. It does cross-border payments in over 200 countries, and customer information cannot be exposed, but regulation must still allow for auditing. Midnight's design of being "able to hide and able to reveal" just fits in the middle.@MidnightNetwork
After hearing this, my friend said, "That boss of my former colleague should use this."
I said, yeah, but unfortunately, it’s too late.
From the data, NIGHT has 57,079 wallet addresses, and in two months it has increased by 300%. The market value is 870 million, with a price around 0.047. After being listed on Binance, the trading volume surged to 126 million. On the technical side, 0.045-0.047 is the support zone; if it holds, there’s a chance to see 0.056, but if it breaks down, it might test 0.035.
NIGHT can generate DUST to pay transaction fees, and DUST will expire, forcing people to actually use the chain rather than just hoarding and speculating. This is what should be watched for the long term.@MidnightNetwork
My friend asked, "Do you think it can succeed?"
I said I don’t know. But I know that if one day, paying salaries no longer has to worry about screenshots, then it will be worth it.
The country just issued a warning, and 'lobster' security is trending again - Fabric Foundation has written the answer into the chip.
Today I came across a piece of news; the National Cyber Security Warning Center issued a warning.
It's nothing else, but OpenClaw. The official report states that there are currently over 200,000 active OpenClaw internet assets worldwide, with about 23,000 domestically, showing explosive growth. A large number of OpenClaw assets exposed to the internet pose significant security risks and are easily targeted by cyber attacks.@Fabric Foundation
Someone in the comments said: "Raising shrimp is more worrisome than raising children?" Another replied: "At least children know who their father is, lobsters do not."
It's nothing else, but OpenClaw. The official report states that there are currently over 200,000 active OpenClaw internet assets worldwide, with about 23,000 domestically, showing explosive growth. A large number of OpenClaw assets exposed to the internet pose significant security risks and are easily targeted by cyber attacks.@Fabric Foundation
Someone in the comments said: "Raising shrimp is more worrisome than raising children?" Another replied: "At least children know who their father is, lobsters do not."
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