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Recently, on-chain data showed that a large-scale investor made a large Ethereum transaction in a short period of time. In total, the investor invested about $186 million in stablecoins over the past three days, buying 70,465 ETH at an average purchase price of $2,647.7.
The latest transaction took place an hour ago, when the investor bought 3,875 ETH using $10 million in stablecoins. It is worth noting that this investor previously made a profit of $30.45 million from two price fluctuations in Ethereum.
Currently, the investor still has about $150 million in stablecoins in his account. This series of large-scale transactions has attracted the attention of the market, which may indicate that some large institutional or individual investors are optimistic about the future direction of Ethereum.
This kind of large trading behavior may have some impact on the market, and investors should pay close attention to the subsequent developments. However, it is also necessary to be vigilant and singular

French authorities have extended the detention of the well-known founder of the instant messaging app. The founder was arrested on Saturday at the Paris airport for suspected violations related to the platform. Law enforcement is investigating multiple allegations, including fraud, drug dealing, organized crime, disseminating terrorist information, and cyberbullying.
Under current law, the detention can last up to 96 hours. After the expiration date, the judge will decide whether to release the person or file formal charges against him.
In response to this matter, the message application platform issued a statement. The statement said that the platform has been strictly abiding by relevant EU laws and regulations, and the founder "acts above board" and hopes to resolve the incident as soon as possible.

How to keep your head clear in a volatile market
In the ever-changing cryptocurrency market, investors often face three major challenges: fear of missing out on the last bull opportunity, uncertainty about the market outlook, and pressure from the performance of others. The combination of these factors can often seriously affect decision-making ability.
Common problems and their impact
1. Distraction: Excessive attention to various hot spots, ignoring the deep cultivation of key areas.
2. Excessive pessimism: Lost confidence due to market uncertainty and missed opportunities.
3. Lack of belief: Lack of in-depth research, making it difficult to assert one's own judgment in the midst of market fluctuations.
4. Lack of Profit Strategy: Too short-sighted, missing out on long-term gains due to panic.
Coping strategies
1. Focus on the core areas
- Select 1-2 specific areas or hot topics for in-depth research.
- Choose a main direction between on-chain trading and secondary markets.
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French law enforcement has taken further action against the messaging app Telegram in recent days. It is reported that the authorities have extended the detention period of the company's CEO. Behind this decision are allegations that the app could be used to fuel illegal activities. The move has sparked a debate about the boundaries of tech companies' responsibilities and highlighted the complexities of striking a balance between protecting user privacy and combating cybercrime. Industry insiders believe that this incident may have a far-reaching impact on the global instant messaging industry, prompting all parties to re-examine platform management and user data protection policies.

Decentralized cloud infrastructure projects have received huge financing, which has attracted the attention of the industry
Recently, a project focused on decentralized cloud infrastructure received a strategic investment from a well-known investment institution, with a staggering valuation of $470 million. The investment was an early investor in a well-known IoT project and a large technology company, and this investment has undoubtedly brought great attention to the project. So, what is so unique about this project that it has been recognized for such a high valuation? Let's take a closer look at the technical and business logic.
Pain points in the traditional cloud computing market
The current cloud computing market is mainly dominated by a few tech giants, resulting in a new centralized pattern. This pattern has brought about the following issues:
1. The cost of services is rising, and enterprises are forced to accept increasing cloud spending.
2. Users face severe vendor lock-in, once they choose a cloud service provider, migrate

Stablecoin Income Strategy: Diversify your choices to increase your returns
At present, the U.S. dollar index is at a high level, risk assets are generally falling, and holding U.S. dollar assets has become a better choice. Many investors are looking for additional income from US dollar assets. Recently, some leading DeFi projects are also actively using idle dollar assets to generate income. This article will introduce several stablecoin income strategies to provide investors with reference.

For the first time, CZ publicly shared his experience in prison, market views and future plans
Recently, former Binance CEO Changpeng Zhao (CZ) attended an event and had an open conversation. He talked about his life experience in prison, his views on the cryptocurrency market, and his plans for the future.
CZ said prison life gave him a lot of time to reflect. What he misses most is relationships, including family, friends, and colleagues. This experience helped him realign his priorities in life. He didn't have much trouble in prison, most of his cellmates were friendly, and he even made some friends.
Regarding the relationship with a trading platform, CZ said that he has resigned as CEO and is no longer involved in the day-to-day operations of the company, but remains the largest shareholder. He believes that this shift actually has many benefits, giving him more time to focus on other areas.
For the future, CZ says it's focused on two things for now: Giggle Acade

Crypto market outlook for 2024: 69 insights and 23 potential projects
The year 2024 will revolve around three main themes: the impact of artificial intelligence, the mainstreaming of cryptocurrencies, and the revival of the Solana ecosystem. The following are 69 thoughts and prospects for the development of the industry:
Lessons and Reflections from 2024
1. Technology is transporting us into a strange and strange new space that is both exciting and unsettling.
2. Artificial intelligence is changing the way we think and work. It's crucial to adapt to new tools, otherwise you'll be left behind.
3. Decentralized technology is not limited to the financial sector, it is expanding to many aspects such as communications, energy, politics, and more.
4. The truthful words are often the most challenging. We must have the courage to face the deeper truth.
5. With traditional finance moving into crypto, we are entering an era where pragmatism transcends idealism. this

The latest data shows that the stablecoin market is showing explosive growth. As of Tuesday, the total market capitalization of stablecoins exceeded the $10 billion mark, surging by more than 70% in two months. This significant increase was largely due to a shift in the preference of crypto traders, who increasingly preferred to trade other crypto assets using stablecoins pegged to the U.S. dollar rather than Bitcoin.
Among the many stablecoins, a well-known stablecoin has performed particularly well, accounting for nearly 90% of the total supply of stablecoins. The stablecoin is actively traded on a number of major exchanges, with the most significant trading volume on one of the two largest exchanges.
It's worth noting that the way the cryptocurrency market is priced is undergoing a major shift. Over the past two years, traders have gradually moved away from using Bitcoin or Ethereum as a pricing benchmark for other tokens in favor of stablecoins. This shift reflects the market's quest for stability.
Analyst in the industry

Recently, Twitter Blue, a new feature of the social media platform Twitter, has attracted a lot of attention. It is reported that the feature costs $8 per month and will be adjusted accordingly according to the purchasing power of different countries. This initiative aims to alleviate the problem of spam accounts on the platform while providing more incentives for content creators.
Twitter Blue not only provides users with a verified account badge, but also comes with a range of additional benefits. Users will be prioritized in replies, mentions, and search results, which is considered an important tool in the fight against spam and scams. In addition, subscribers will also be able to post longer video and audio content, and the number of ads they will see while browsing will be cut in half.
For content creators, Twitter Blue also presents new opportunities. This feature will give publishers interested in partnering with the option to bypass the payment threshold while flat

With the potential change in the political landscape in the United States, there has been a positive reaction in the cryptocurrency market. The analysis points out that if the election results show that a certain former president returns to the White House, this could lead to a more favorable policy environment for the crypto industry, so the market is trending upward.
The new government is likely to be more supportive of the crypto industry than the current one. However, there is still uncertainty about the level of participation and whether it will be able to move forward with the passage of relevant laws in the midst of a busy legislative agenda.
It is worth noting that the leaders of key departments such as securities trading, commodity futures trading, and finance in the new government are likely to hold similar views to the president and have a positive attitude towards the industry. However, the priority of this issue in the overall policy is still unclear.
The new government is likely to push for deregulation in general. However, the crypto industry can be a special case. Unlike other industries, crypto industry members are desperate for clear regulatory guidance. Supervision

Cryptocurrency exchange Kraken has announced the completion of the acquisition of a well-known over-the-counter (OTC) trading platform. The acquisition will significantly expand Kraken's OTC business to more than 20 people. It is reported that Kraken's OTC business will be led by Wall Street veteran Nelson Minier.
According to industry sources, the acquired OTC platform has been looking for a buyer since this summer. With a notional trading volume of $24 billion in 2018, the platform was once one of the industry's leading OTC service providers. However, in March this year, the company owned by the platform laid off about 30 people in the finance department, about 10% of the total workforce. The company attributes this to the increasingly tough regulatory environment in the United States. In addition, the brain drain has also had an impact on its off-market business, including the departure of its former OTC business executive.
It is worth noting that this acquired

How North Korean IT workers are infiltrating the cryptocurrency industry
The cryptocurrency industry is facing a serious security threat – IT workers from North Korea are infiltrating the industry on a massive scale. Recent investigations have revealed that many high-profile blockchain projects and crypto companies unknowingly hire North Korean IT staff, which not only poses legal risks, but can also lead to serious security risks.
The scale and technique of infiltration
The investigation found that several high-profile projects, including Injective, ZeroLend, Fantom, Sushi, Yearn Finance, and Cosmos Hub, have employed North Korean IT workers. Using forged identity documents, the workers were able to secure job offers through interviews and background checks.
The infiltration scale of North Korean IT workers may far exceed expectations. Renowned blockchain developer

Web3 Mobile Wallet New Scam Demystified: Modal Phishing Attack
Recently, a new phishing technique targeting Web3 mobile wallets has caught the attention of security researchers. Dubbed "Modal Phishing," the technique mainly misleads users by manipulating the modal windows of mobile wallets.
An attacker can send a fake message to a mobile wallet, impersonate a legitimate decentralized application (DApp), and display misleading content in the wallet's modal window to trick users into approving the transaction. This fishing technique is now widely used. The relevant component developers have confirmed that a new validation API will be released to reduce risk.
Principles of modal phishing attacks
Modal phishing attacks mainly target the modal windows of cryptocurrency Wallets. Modal windows are commonly used UI elements in mobile applications, typically displayed at the top of the main window for quick actions, such as approving or rejecting.

Ambient: An innovative attempt on the Solana fork chain
In today's rapidly developing landscape of blockchain and artificial intelligence, how to effectively combine these two technologies has become a focus for many innovative projects. Ambient has emerged in this context, dedicated to integrating decentralized blockchain architecture with large-scale AI inference, exploring a brand new intelligent economic model.
As a complete fork of Solana, Ambient retains the high speed and efficiency of Solana while creating a unique blockchain ecosystem by introducing the Logits proof (PoL) mechanism.
Ambient Overview
Ambient is a Layer-1 blockchain that combines Solana SVM compatibility with an innovative proof-of-work mechanism, providing large-scale verification inference capabilities. The core idea of the project is to integrate AI inference and

The cryptocurrency industry is poised to regain mainstream recognition in 2025
With the regulatory environment becoming clearer and crypto valuations soaring, the global crypto industry is expected to gain mainstream and institutional favor again in 2025.
With an all-time high in 2024, the price of Bitcoin broke through the $108,300 mark on December 17, reaching an all-time high. This landmark breakthrough comes more than a month after the results of the US presidential election were announced, and the optimism of crypto investors continues to rise.
Industry experts point out that with the new government's clarification of regulatory policies, the Crypto Assets industry is likely to welcome another significant year of development. This includes more institutional participation and a record number of global Crypto Assets investors.
Regulatory clarity will drive a record high in the number of investors.
In 2024, the crypto industry has undergone significant regulatory changes in some major markets.
European aspect, as full