Evening must-read | An article to understand Rare Cong's past and present

1. Former U.S. SEC official: Why the U.S. Department of Justice is filing criminal charges against Binance

I have worked in the SEC Enforcement Division for nearly 20 years and have managed many joint SEC and DOJ prosecutions. IMHO, there is a litany of indicators that the DOJ will or has filed criminal indictments related to Binance. Money laundering involves disguising financial assets so that they can be used without detection of the illegal activity that generated them. To me, the CFTC and SEC indictment against Binance reads more like a criminal indictment, replete with allegations of fraud, deception, obstruction of justice, and money laundering. click to read

2. Understand the SEC's regulatory timeline and responses from all parties in one article

Since the news on June 5 that "US SEC sued Binance and its CEO Changpeng Zhao for violating US securities trading rules", the SEC has continued to take actions, and its regulatory attitude towards the cryptocurrency field has become increasingly severe. Not only the major trading platforms were deeply affected, but the market trend also fluctuated violently. Jinse Finance sorted out the SEC’s regulatory timeline, clarified the SEC’s actions and the responses of all parties. click to read

3. Release the detailed explanation of the Maverick protocol mechanism that has entered the top five DEXs in 3 months

There is such an agreement, within just 3 months after the release: the DEX transaction volume will exceed 31 billion, and it is expected to earn 7 million US dollars in annual fees, and there is no token yet. This is the Maverick Protocol. click to read

4. The new direction that Web3 should take in the AI era

With the explosion of GPT, AI has officially entered the public's field of vision, and many venture capital and projects in the encryption field are gradually approaching/integrating AI technology, and even many institutions have abandoned encryption and turned to AI. Of course, the best way is to innovate at the intersection of AI and Crypto, and new narratives including AIDPoS, AI concept currency, and zkML have emerged. As mentioned in the article, a "new technology" that has been hyped for many years is mostly due to "human subjective thinking". In this respect, AI robots will surpass humans both in technology and in operation. It will indeed liberate humans in some executive layer operations. click to read

5. An article to understand the past and present of Rare Satoshi

In fact, as early as many years ago, "Satoshi" existed as the smallest indivisible unit of Bitcoin, that is, 1 Bitcoin = 10^9 Satoshi, but it has not entered the field of vision of mainstream players because it is too microscopic and has no usage scenarios . However, in the past three months, with the explosion of the Bitcoin ecosystem, Satoshi, as the carrier of inscription, has naturally received a lot of attention. In addition, with its intuitiveness and anti-volatility characteristics, Satoshi replaced usdt and secured the throne of the first brother of Bitcoin's ecological pricing unit. click to read

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)