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코국놈 정보방
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코국놈 정보방
🇭🇰 Global and Overseas Perspectives from Hong Kong Consensus I've been meeting a lot of people here and there since coming to Hong Kong, and I'd like to share some interesting things I've picked up along the way. The original post is posted on Twitter here. 🔶 The antipathy towards Binance is much stronger than I expected. The antipathy towards Binance is significant. It's especially strong among Western-based Chinese users. Many believe Binance caused the 1010 (the day of the liquidation) incident last year. Even if it wasn't intentional, I think the biggest problem is Binance's refusal to acknowledge the problem. 🪙 Reevaluation of OKX on Xianbi Exchange. In return, there's considerable positive feedback on OKX. Many people have said they believe OKX is a sustainable exchange that has no hacking incidents, adheres to the law, and is a good example. 🇰🇷Bithumb's 2,000 Bitcoin airdrop is a hot topic even overseas. A Western friend of mine, discussing Bithumb's 2,000 Bitcoin airdrop, remarked, "Even Bybit and Lazarus can't compete with Bithumb." 🇰🇷The Korean market is a "must-go" market. There are still many exchanges and projects interested in entering the Korean market, both domestically and internationally. However, there are surprisingly few projects with a strong understanding of the Korean market. Some even argued that Koreans are only using Korean exchanges like Binance, OKX, and Bybit because the government has banned them. While their entry may present risks and opportunities, many market participants are very interested in the Korean market. 😳 The prevailing opinion is that the market will likely struggle to recover for a considerable period of time. The reason is that many Bitcoin OGs, projects, and market makers are selling their spot Bitcoin holdings to cover losses incurred at 1010 and to repay debt. Ultimately, the 1010 incident - market sell-off - sharp sell-off = Binance's fault! It seems to be going this way. 💡Despite this, the most active sector is RWA. The RWA sector is actually quite good. They make money by collecting bond interest, and they seem to understand that in a bear market, funds flow into stablecoin farming. It seems like those who make money from coin enthusiasts (swap, futures index, infrastructure layer 1) are dying, while those in the RWA sector are just wandering around, saying, "This is my world!" (This is purely my personal opinion.) 🖼 And privacy-sector coin trading is very popular overseas. Since all privacy coins have been delisted in Korea, the Korean community has somewhat fallen out of favor, but privacy-sector narratives like Zcash and Dash are very strong overseas. 🟰 Conclusion The overseas crypto community is quite different from ours. We believe that if we cultivate a global perspective, we can avoid risks and seize more opportunities.
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✨XPIN Network Security & Privacy Expansion 1️⃣ XPIN Network End-to-End Encryption XPIN encrypts all data transmissions between users and destinations. Because no intermediate nodes or operators can access the data, messages, communications, and data usage history are securely protected. This provides a much stronger security structure than existing centralized telecommunications providers and is a key element in ensuring trust in decentralized networks. 2️⃣ XPIN Network Privacy-Centric Design XPIN aims to minimize or completely eliminate the storage of sensitive information, such as user identity, location, and usage patterns. While blockchain-based records are transparent, personal information is designed to remain private. In other words, this architecture achieves both transparency and privacy protection. 3️⃣ XPIN Network Trust Element The most important element in a decentralized communication network is trust between participants. XPIN prioritizes security and privacy, ensuring users can use the network with confidence. This is essential for the long-term growth and maintenance of a community-based operator network. 👉 In summary, the XPIN Network secures the most important reliability in a decentralized communication network through end-to-end encryption and a privacy-centric design, while prioritizing user data protection.
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💰 Financial Supervisory Service (FSS) Governor: "Bithumb's Misdelivered Coins Clearly Eligible for Refund" 1. FSS Official Statement - Bithumb's Misdelivered Bitcoins Clearly Eligible for Refund - FSS Governor Lee Chan-jin: "The subject of the return of unjust enrichment is clear, and the principle is the return of the original Bitcoin." 2. Summary of the Case - Approximately KRW 60 Trillion Worth of BTC Misdelivered During the Bithumb Event - Amount Unrecovered: Approximately KRW 3 Billion of the 125 BTC Has Already Been Cashed Out 3. Legal Judgment Points - Bithumb clearly announced a KRW 2,000 payment per person during the event - Therefore, the subject of the return of unjust enrichment is 'clear' / The principle is the return of the original Bitcoin. 4. Those Who Experienced a "Catastrophic" Situation - Users Who Sell Misdelivered BTC and Convert It into Cash - The current BTC price has increased compared to the time of sale / Additional costs will be incurred for the difference if the original Bitcoin is returned. - Governor Lee Chan-jin's Comment: "Catastrophic Situation" ⚠️ Exceptions Possibility If the misdelivered BTC was verified in advance as being "genuinely sent from Bithumb," → There may be no obligation to return the original asset. * In most other cases, liability issues may arise until the end. Since there are virtually no exceptions to this rule, those who simply dumped their Bitcoin are likely to face a very difficult time. Those who converted to altcoins or simply dumped their Bitcoin are now burdened with the burden of having to repay the debt, given the recent BTC price rebound. (The Financial Supervisory Service Chairman has made it clear that a return is necessary.) Original article
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✨Magma Finance CLMM ALMM ALMM V2 at a Glance 1️⃣CLMM (Concentrated Liquidity Market Maker) LPs directly set price ranges to provide liquidity. High capital efficiency, but little profit outside the range. The burden of ongoing strategy management is placed on LPs. → Magma Finance frequently cites CLMM as a benchmark. 2️⃣Magma Finance ALMM (Adaptive Liquidity Market Maker) Bin-based liquidity: Minimizes liquidity waste by dividing prices into stepped price bins rather than ranges. Dynamic Fee: Automatically adjusts fees based on volatility → LP protection + trading activation. Automatic adaptive liquidity: Automatically concentrates liquidity at active price ranges → Minimizes slippage. → Magma Finance's core engine, where the engine, not a human operator, automatically responds to market conditions. 3️⃣Magma Finance ALMM V2 Performance optimization while maintaining the ALMM philosophy Reduced gas costs Improved execution speed Enhanced stability Improved UX → This version upgrades the same engine to a higher performance, making it a practical DeFi engine. ⭐️Checkpoints CLMM → Human-direct strategy management ALMM → Engine responds to the market ALMM V2 → Same engine, higher performance
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✨Expanded Explanation of the XPIN Network Token Economy & PayFi Model 1️⃣XPIN Token This is the network's core utility token, used for participant rewards, data purchases, and settlements. Both operators who install devices and contribute to the network and users who consume data conduct transactions using XPIN tokens. This creates a virtuous cycle: network participation → XPIN token rewards → XPIN token consumption. 2️⃣Issuance Structure The XPIN Token has a 10-year issuance plan and employs an annual halving curve. Similar to Bitcoin, this structure reduces the amount of new issuance over time, reinforcing scarcity and stabilizing token value over the long term. Early contributors receive greater rewards, and the supply decreases over time, preserving value. 3️⃣PayFi Model Users: Purchase required data packages with XPIN tokens. (Daily Unlimited, Monthly Unlimited, Permanent GB, etc.) Supplier Side: Individuals and businesses install network devices (e.g., XPIN Boxes) to share bandwidth and receive rewards in XPIN tokens. This structure combines DePIN infrastructure and financial payments (PayFi), providing both network scalability and economic incentives. ⭐️ Summary The XPIN Network builds a sustainable decentralized communications ecosystem through a token economy and PayFi model: Participants receive XPIN tokens for device installations, Users purchase data with XPIN tokens, and the issuance volume is halved over a 10-year period to enhance scarcity.
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