AB Kuai.Dong

AB Kuai.Dong

2,760 Twitter followers

Follow

Partner Allinweb3 | @skylandvc 基金中文大使 | Crypto 2016 入圈 | Founder @MeStar_Game ,@zkGamesClub | Ex @BlockBeatsAsia ,@NewBlocOfficial ,@AllCoinEx , @sylo , 元宝网

Posts

How does a RWA project fabricate funds? This article by the founder of DefiLlama questioning Figure is a perfect textbook example. · Figure claims to have issued $12 billion in RWA on-chain, but in reality, only $5 million in BTC, $4 million in ETH, and $20 million in stablecoins are on-chain. · Although they hold $235 million in RWA assets on ZKSync, there are only 11 holding addresses, all created at the same time and displaying highly consistent behavior. · Another RWA asset has only 10 holding addresses, and aside from receiving these so-called RWA tokens, no transfers occur. · To create more fictitious data, they claim to be equity tokens issued by a company. If the company's valuation is $500 million, they will map $500 million worth of tokens on-chain and then claim this is TVL. Ultimately, this RWA project, which raised $600 million, merely mirrored its so-called lending and payment services by issuing virtual tokens on-chain. There were no substantive RWA activities on-chain, and these off-chain businesses were also opaque (it was impossible to tell whether they were real or fake). twitter.com/_FORAB/status/1966...

Polymarket's valuation was 1 billion in June. In just 3 months, it has now risen to 3 billion. There are even investors who intend to open a valuation of 10 billion. Who said that investing in the first level of the crypto or investing in projects is not good? Isn't the 30% return this month immediately?

The last wave of interest rate cuts began in August 2019. Most of the established DeFi and infrastructure blue chips we're familiar with today began setting up businesses and raising funds in the US around that time, and achieved market discovery in 2020 and 2021. This wave of interest rate cuts is about to begin in September 2025, and many of my peers have recently begun flocking to the US to start businesses and raise funds. We anticipate that we will soon see the emergence of several blue chips with returns exceeding 100 times their value.

This week's strength in SOL is mainly due to the increasing number of companies like MicroStrategy that are buying SOL. Although the amount of purchases is far less than that of ETH MicroStrategies, the starting point and floor are relatively low, so it has been pulled up immediately. Therefore, it is understandable that this wave of SOL pump-up is no longer related to the activity of the on-chain Meme, and is following the path of ETH (that is, driven by traditional buyers). Although there are many microstrategies that have officially announced their purchase of BNB, only the two companies have actually made the purchase. Interestingly, over the past two weeks, the main force behind ETH purchases was still BMNR, led by Tom Lee and Cathie Wood. SBET suspended purchases last week to save its stock price, so BMNR has also become a weather vane for this wave of ETH buying by listed companies. twitter.com/_FORAB/status/1966...

The market is still driven by micro-strategies. Major treasury companies have resumed their buying spree over the past few days. ETH has successfully returned to 4700, and SOL has returned to 240. Everything feels familiar again. The only difference is that you're the only one caught out by the volatility.

Lombard is expected to officially announce its coin launch this month, rumor has it already received offers from several exchanges. Two other projects previously listed on Buildingpad have also been listed on leading exchanges. The project has evolved from a BTC yield optimizer to a platform designed to help Ethereum-based public chains circulate Bitcoin-pegged coins. However, unlike WBTC, its BTC-pegged coin cannot guarantee a 1:1 ratio with BTC.

I looked it up, and surprisingly, this story is true. After Nepal fell into unrest, they banned 26 social media apps, but not Discord. Locals flocked to Discord, creating a channel server specifically to discuss the situation and vote in protest. Finally, there was a vote to elect the next leader, with over 7,000 participants. It was incredible. We use DCs for voting and governance, while they elect a prime minister.

After just two days, the bidding for Hyperliquid's USDH stablecoin issuance rights has been reduced to two companies: Native Markets and the Paxos + Paypal alliance. Native Markets currently holds the most validator votes, accounting for over half of the total. They hope to keep 50% of the proceeds for a community aid fund and 50% for growth and ecosystem incentives. This proposal was put forward by the owner of HYPE MicroStrategy. twitter.com/_FORAB/status/1966...

Let’s talk about the real situation. Here are the top 100 coins in the world by market capitalization in the past week. As long as you don’t buy these six Altcoin, FORM, POL, CRO, XDO, SKY, BCH, or other stablecoins, you will make money! Really, you will make money! It’s just a matter of whether you earn more or less. So don’t question whether the copycat season has arrived or not, the price has been rising for several weeks.

An interesting phenomenon these days is the massive amount of ETH buying coming from South Korea. On Upbit, ETH's trading volume has significantly surpassed BTC for several consecutive days. Korean-American Tom Lee is also about to travel to South Korea to meet with retail investors. Tom Lee has become the Korean version of Elon Musk.

Loading..