Many people have recently discovered that the central authorities have started to take action. Transferring money from Alipay to Yu'ebao or to a small wallet to buy U will also result in account bans!
I'm curious how Alipay found out that I was buying U. Or is it that the C2C on the other side is a black account that was detected?
It's terrifying, brothers! How will we withdraw money then?
The doctor said my insomnia might be due to stress, I said my insomnia might be because I'm thinking about not having money for retirement in 40 years.
Rising electricity costs, rising medical costs, rising rent, rising prices. Every day the numbers keep jumping, making you question life.
A harsh message for my future self: a retirement without prior preparation can only be called a "survival game in old age."
Paradigm says Polymarket's trading volume "has been overstated," but the industry generally believes the problem lies in the statistical methods of third-party data tools, rather than Polymarket itself being fraudulent. There is also suspicion that Paradigm is amplifying this controversy because it has invested in its competitor Kalshi.
1. Paradigm's data head said: Polymarket's trading volume has "double counting," making it appear larger than its true value.
This is akin to saying: you count how much merchandise a mall has sold today, but someone includes "returns" in the transaction volume, causing the number to look higher.
2. The crypto community criticizes Paradigm: you have invested in Kalshi (Polymarket's competitor), trying to undermine your peer. The implication is that "since you have invested in a competitor, you naturally want to speak poorly of others."
3. The co-founder of Bankr said: the issue does not lie with Polymarket itself, but with the lack of rigor in the statistical methods of certain third-party data dashboards.
For instance, data panels like Dune and Nansen sometimes have different statistical logics, which can lead to some transactions being counted multiple times, but this has no relation to Polymarket's official data.
4. The data head of Dragonfly also mentioned: starting in 2024, professional data dashboards have already resolved the double counting issue. This means: this problem is a thing of the past; now mature data sources have handled it well, and it is not a major issue.
On December 9, Kalshi CEO Tarek Mansour stated in a podcast that the competitive relationship with rival Polymarket has driven both companies to work harder on their development.
Mansour compared the competition between the two companies to the rivalry between NFL quarterbacks Tom Brady and Eli Manning, as well as the competition between soccer stars Lionel Messi and Cristiano Ronaldo. He stated: "Without Polymarket, we wouldn't be pushing so hard on marketing and product development. This competition will drive us to scale this industry to heights that would be unattainable otherwise, which is beneficial for customers in the long run."
Kalshi was founded in 2018, and last week the company announced a partnership with CNN and CNBC, completing a $1 billion funding round at a valuation of $11 billion. Its competitor Polymarket was founded in 2020, reaching a valuation of $13.5 billion in November.
On December 9, Bitcoin experienced one of its weakest November performances since 2018. Data shows that last month's selling pressure mainly came from the European market, in stark contrast to Asia and the United States.
Presto Research timezone data indicates that the significant drop in crypto in November was primarily driven by European funds. The BTC/ETH decline for the month was approximately 20–25%, with notably net selling pressure during European trading hours, while Asia and the US hours remained basically flat. #加密市场观察 $BTC
Suddenly discovered that the cryptocurrency industry particularly likes F1, why is that?
In the Abu Dhabi F1 race, Liu Yifei also attended, and upon closer inspection, it's not difficult to find that many race cars 🏎️ have the logos of exchanges.
Coinbase Ventures has announced their list of sectors they most want to invest in by 2026
In my opinion, this is actually a prediction of future industry hotspots by top VCs. For us retail investors, the smartest approach is to see what top institutions are holding and then follow suit. This report likely hides the wealth code for next year. I have already distilled the core content, and I hope my brothers can grasp the early trends after reading it. ▰▰▰▰▰▰▰▰▰▰ Section One: RWA Perpetual: Everything Perp-ized The enthusiasm for RWA remains, but Coinbase's perspective is quite interesting: Real breakthroughs will not come from 'asset on-chain', but from RWA perpetual contracts.
After discussing with the big shot A9.5 in 🇭🇰, I have some reflections
Every time I talk with high cognitive and high net worth individuals, I feel that time is not enough, and I wish I could take notes on the spot, which is exactly the opposite when talking to fools.
Communicating with someone who stands high and has more information sources than myself is like a cheating-style [time-space travel], allowing me to see the future.
Alright, here are my insights that can be shared publicly:
1. The best choice for ordinary people is to find the right track and dig deep, rather than engaging in meaningless entrepreneurship and experimentation.
2. The era of lying down to win has definitively ended, and many cases of getting rich overnight will be met with [various ways] of returning to poverty; do not fantasize anymore.
3. The trust crisis is becoming increasingly severe, and the big shots are more pessimistic about this matter than I am.
4: The next few years will be the years of risk control, not consumption.
5: Every big shot has a time when their worldview is shattered and reshaped, and they also made mistakes and faced embarrassment when they were young, and were also 'harvested'.
But those who can persevere, and even truly start from scratch, are the ones who can become big shots.
Wishing the brothers and sisters in the comments achieve financial freedom soon #财富密码在其中
Gold Standard vs Fiat Currency, the Best Analysis of the Epic Debate between Peter Schiff and Zhao Changpeng
Recently, at a private event in Dubai, Peter Schiff (the staunchest defender of the Gold Standard) and Zhao Changpeng (CZ, founder of Binance) had a face-to-face debate. This may be the closest public confrontation in recent years regarding the core contradiction of 'Gold Standard vs Bitcoin'. The atmosphere on-site was explosive, with the audience overwhelmingly supporting BTC, but Peter Schiff remained unwavering. Here are the highlights of the entire debate, preserving the original rhythm of the conversation. At the beginning of the event, CZ, as the host, first thanked Peter for being willing to come, considering it very brave since this was clearly CZ's home ground.
Recently, after talking with many entrepreneurs doing RWA, I am increasingly convinced of one thing: RWA is taking off, but the entire industry's infrastructure is still stuck in the 'feature phone era'. The assets are already quite large, but the surrounding tools are really immature to an absurd degree. And the ones who can really make big money are not those who engage in the assets themselves, but— To fill in these missing key 'infrastructures'. The following 10 directions, basically no one is really doing them right now. But as long as you can make one of them work, it will be enough for you to eat for ten years. 1: High-quality 'transparency panel' Now everyone judges whether an RWA project is reliable solely based on what others say.
The initial motivation During my teenage years, I was a politically passionate person. Among all the books that radicalized me, the ones that truly brainwashed me were Ayn Rand's books (The Fountainhead) and (Atlas Shrugged). In 2016, I enthusiastically donated to Gary Johnson; at that time, I was a full-blown Rand fan. At the same time, I loved writing code, so cryptocurrency was a perfect match for me. The ideology of cypherpunk deeply attracted me. I was once particularly fascinated by the concept of Bitcoin as a 'private bank for the rich' — the idea of being able to carry $1 billion in your head across borders still excites me.
Everyone is saying what a darling aster is for bnb. Has anyone used aster's exchange? How does it feel? Is it easy to use?
A few days ago, when it dropped below 0.9, I started to increase my position. I must add only when it's below 0.9, and I feel secure only when it matches cz's price, but I also don't dare to invest too much! $ASTER