Author: David C, Bankless; Compiler: Deng Tong, Golden Finance
Bankless summarizes the major events of the past week.
World Liberty Financial (WLFI), a DeFi project associated with Donald Trump, announced that its public sale will begin on Tuesday, aiming to raise $300 million at a valuation of $1.5 billion.
The sale accounts for 20% of the total token supply, with more sales planned in the future. The tokens are non-transferable for 12 months but can be used for governance immediately. The first phase includes the launch of a lending platform modeled on Aave on Scroll, with 7% of the token supply allocated to Aave DAO for governance participation and liquidity provision. Future goals include integrating real-world assets and launching a stablecoin-focused credit card.
US prosecutors accuse Gotbit, ZM Quant, CLS Global and MyTrade of suspected market manipulation and wash trading. The operation began when the FBI launched fake tokens on Ethereum and then let the funds trade in the market. More than $25 million in cryptocurrency has been seized and four defendants have pleaded guilty.
Related news: Market maker Cumberland DRW was sued by the U.S. Securities and Exchange Commission for operating as an unregistered dealer. Cumberland responded that it has been in constant communication with the SEC for the past five years and acquired a registered broker-dealer in 2019 to meet its requirements. They believe they are right, so they will not change their business despite being sued.
Last Thursday, Uniswap Labs launched the highly anticipated Unichain, an upcoming L2 built using OP Stack. Unichain aims to significantly reduce transaction costs and provide near-instant block times, aiming to improve DeFi scalability and solve the problem of decentralized liquidity. In addition, when the chain is launched, UNI will be used to verify the network, and stakers will receive rewards.
The Memecoin drama reached a fever pitch as ZachXBT released 11 secret wallets of memecoin investor Murad Mahmudov. ZachXBT argues that this transparency is essential to prevent Mahmudov from dumping on his followers, while critics say it exposes him to unnecessary risk.
The controversy echoes previous debates surrounding influencers such as Ansem, who was criticized for promoting low-market-cap tokens, most of which fell sharply in the weeks and months after his support. Both cases have sparked a new round of discussion about the ethics of using large platforms to promote volatile, illiquid assets, with some people believing that memecoin promotion is akin to pump and dump schemes, while others believe it is part of the broader crypto culture.
A former CEO lost nearly all his savings after connecting to a close friend's WiFi, which allowed the friend to take control of his device and steal $450,000 from his cryptocurrency wallet. After an investigation, he recovered some of the funds but learned a hard lesson about trust and the risks of using public networks.
WeatherlyIn Russia, individuals using cryptocurrency are increasingly hiring arsonists and other criminals on the dark web, with some perpetrators as young as teenagers. This trend raises an important question: are young people being lured into the realm of crypto-driven crime?
Kikyo中国研究团队据称利用D-Wave量子计算机攻破了传统加密算法，包括保护银行账户和加密钱包的机制。这一消息在全球引发广泛关注，尽管研究细节尚未完全披露，其对加密货币和其他加密技术的影响仍在评估中。
WeiliangAnthropic has launched two new AI models, Claude 3.5 Sonnet and Claude 3.5 Haiku, featuring improved coding abilities and performance. The Sonnet model can now interact with computer interfaces directly, allowing it to automate tasks, while the Haiku model aims to deliver high efficiency and low latency for user-facing applications.
WeatherlyMeta cautiously reintroduces facial recognition, testing it on 50,000 celebrities to combat "celeb-bait" scams and reduce deepfake ads. But is this enough to stop compromised accounts, or is more action required?
CatherineTesla recently transferred its entire Bitcoin stash of 11,509 BTC to new wallets, sparking speculation about a possible sell-off. However, blockchain analysts believe these movements are just wallet rotations, indicating that Tesla still owns the Bitcoin and may be preparing for future strategic moves.
AnaisA man from China, Jiangsu, accumulated significant debt after losing money in cryptocurrency and gambling. To cover his losses, he committed fraud by borrowing against luxury cars he didn't own, which led to his arrest and a three-year prison sentence for contract fraud.
Weatherly本周一，菱传媒爆料，前台北市长柯文哲因涉嫌京华城案被羁押，相关调查发现其加密货币冷钱包已被查扣。然而，由于缺少钱包的私钥和助记词，检调遇到技术瓶颈，调查进展受阻，或将延长羁押期限。专家指出，即便无助记词，USDT等加密资产仍有可能通过申请冻结处理。
AlexTelegram game Tomarket has set new requirements for its 31 October TOMA token airdrop on TON. Players must reach Bronze status and include a tomato emoji in their username to qualify. The key question: will TOMA fade after the hype, or achieve lasting success?
Catherine本周一，四位联准会官员针对未来的降息策略发表了各自的看法。三位官员倾向于“谨慎、渐进降息”，而拥有今年投票权的旧金山联准银行总裁戴利（Mary Daly）认为当前利率过于严格，暗示降息步伐可能需要加快。
Alex