Article by: 0xjs@Golden Finance "A day in the crypto world is like a year in the human world." People often use this phrase to describe the rapid changes in the narrative of the crypto industry. But as the pillar of the crypto industry, Bitcoin has a constant activity that has been running steadily since its inception—Bitcoin mining. Bitcoin mining hash rate and difficulty continue to rise However, as the foundation of Bitcoin, the mining industry has faced many challenges. From the disappearance of "Cao Mao" in 2014 to the跑路 of CoinPrint Mining in 2022, many once-prominent mining farms have not withstood market shocks or tests of human nature. Mining farms that can endure multiple cycles and continue to operate are rare and precious. Undoubtedly, those mining companies that have persisted through multiple cycles and stood the test of time have earned people's trust. This is a reflection of the founders' character, stable management, and passion for the industry. MineBest, established in 2017, is one such example.

Original Authors: Mao Jiehao, Liu Fuqi Introduction: From HTTP 402 to the Dawn of the Machine Economy In 1996, the designers of the HTTP protocol reserved the "402 Payment Required" status code, but due to the lack of supporting payment infrastructure, it became the "ghost code" of the Internet era. Thirty years later, the x402 protocol, initiated and promoted by Coinbase, has awakened this dormant status code into a "digital cash register" for AI autonomous transactions. When meteorological AI robots automatically purchase global weather data and self-driving cars pay road tolls in real time, the traditional payment logic of "account opening-authentication-authorization" is being dismantled—x402, through the closed loop of "HTTP request-402 response-on-chain payment-service delivery," has, for the first time, enabled atomic transactions between machines without human intervention. Behind this transformation is the rise of the "machine economy"

In the ever-changing world of crypto, some chase the latest trends, some shout slogans, while others choose to be believers in time. Lao Mao is exactly such a legendary figure. As one of the earliest evangelists in the industry, he has weathered four cycles of bull and bear markets, from being an early core member of exchanges, to a sharp venture capitalist, and now once again deeply involved as a product founder. His experiences are, in themselves, a condensed history of the industry's development. In this episode of "Friends of OKX," we had the privilege of a one-and-a-half-hour in-depth conversation with this "veteran OG." With his usual clarity and candor, he shared profound insights on market cycles, asset value, life philosophy, and even personal health, holding nothing back. Why does he assert that "the four-year Bitcoin cycle is dead"? Why does he compare Bitcoin to "the English language of the digital world"? What was his motivation for founding the new product "Anchpor"?

Article by: 0xjs@Golden Finance "A day in the crypto world is like a year in the human world." People often use this phrase to describe the rapid changes in the narrative of the crypto industry. But as the pillar of the crypto industry, Bitcoin has a constant activity that has been running steadily since its inception—Bitcoin mining. Bitcoin mining hash rate and difficulty continue to rise However, as the foundation of Bitcoin, the mining industry has faced many challenges. From the disappearance of "Cao Mao" in 2014 to the跑路 of CoinPrint Mining in 2022, many once-prominent mining farms have not withstood market shocks or tests of human nature. Mining farms that can endure multiple cycles and continue to operate are rare and precious. Undoubtedly, those mining companies that have persisted through multiple cycles and stood the test of time have earned people's trust. This is a reflection of the founders' character, stable management, and passion for the industry. MineBest, established in 2017, is one such example.

According to Mars Finance, the world's first Chinese decentralized futures trading platform, Sun Wukong, will hold a themed live broadcast event titled "Sun Wukong 72 Debate: Get Liquidated Confession! How to Rebuild After the 1011 Black Swan Event" today at 20:00 (UTC+8). KOLs from the encryption world such as 0xMoon, Just Call 19, Lu Sheng, Eleve, Sister Mao Mao, and Mike Banana will be invited to discuss in-depth the impact of the 1011 Black Swan Event on market confidence and the lessons learned by traders, as well as hot topics such as how to scientifically conduct risk control and capital allocation.

Image source: "Water Margin (1998)" In 298 BC, the Prince of Pingyuan of the Zhao State had three thousand guests under his command, and a single individual named Mao Sui was able to engage in a battle of wits against a group of scholars in the court of the Chu State, winning opportunities for the Zhao State. More than two thousand years later, on September 1, 2025, a token named WLFI will land on global trading platforms. The Chinese capital network spanning the Pacific is supporting the digital empire of the American presidential family. Behind this $40 billion valuation project stands a group of modern "gatekeepers." There are Chinese billionaires who have invested $75 million, founders of trading platforms seeking presidential pardons, stablecoin experts deeply rooted in the Asian market, and the Eastern power known as "the force that can make the Trump family's wealth soar, yet can also bring them back to poverty overnight when they cross the line." When the wealth of American political families is deeply intertwined with Eastern capital, and when China utilizes the Hong Kong market.

Introduction: What are we talking about when we talk about RWA? In 2024-2025, the RWA sector is heating up. Wall Street giant BlackRock has issued tokenized US Treasury bond funds, and tokenized stocks of companies like Tesla and Apple have appeared on platforms such as Kraken and Solana. Especially in Hong Kong, which is actively embracing Web3, everything from real estate income rights to GCL-Poly Energy's photovoltaic power stations and Longshine Technology's charging piles seems to be transitioning from concept to reality. We are excited that RWA can revitalize real assets, lower financing thresholds, and improve liquidity. But doesn’t all this sound a bit familiar? As early as 2012, a Chinese developer named "Kao Mao" had already fully practiced all of this, even more thoroughly, more RWA, and more "Web3" than today's model. 1. The Birth of a Legend "Roast Cat", real name Jiang Xinyu, a person with a

The Towns project is about to launch on Binance Alpha and will conduct a token airdrop for participating users, with a total token supply of 10 billion coins and an airdrop proportion of nearly 10%. There are close to 400,000 points users, and every 10,000 points can be exchanged for 2,500 TOWNS. The estimated value of the airdrop is about 120 USD. Users need to remain active to obtain more tokens.

An Atlanta banker at Wells Fargo, Chenyue Mao, is banned from leaving China amid a criminal investigation. The bank has paused travel to China, while the US embassy expresses concerns over arbitrary exit bans affecting nationals.

Preface Start Web3, discuss every Wednesday! "Entrepreneurship Web3.0" is a talk show initiated by Mankun Law Firm, featuring interviews with Chinese Web3.0 entrepreneurs. Every Wednesday evening, we invite industry leaders, frontline institutions, and well-known entrepreneurs to join the live broadcast. Through positive expression, rational discussions, and sharing experiences, we aim to support the compliance and healthy development of China's Web3.0 industry. June is the RWA thematic month. How do Real World Assets (RWA) link Web3 with the real world under a compliance framework? In this issue, we invite senior lawyer Mao Jiehao from Mankun to have an in-depth dialogue with lawyer Wang Lei. From deepening DePIN to RWA, Lawyer Mao shares the compliance path in Hong Kong, global regulatory trends, the exploration difficulties of domestic assets, and how to empower RWA through standardization and programmability, helping entrepreneurs avoid pitfalls, stay on the right path, and welcome the great sailing era of RWA integrating with traditional finance! (Audio transcription text record processed by a

The wave of Web3.0 is sweeping the globe, and the compliance process of stablecoins and real-world assets (RWA) has become the two hottest topics in the industry. On July 10, the Shanghai Bar Association's Digital Technology and Artificial Intelligence Committee hosted a training event titled "Hotspot Interpretation and Compliance Outlook for Stablecoins and RWA," co-organized by Shanghai Mankun Law Firm and Shanghai Zhonglian Law Firm. Mao Jiehao, a member of the Shanghai Bar Association's Digital Technology and Artificial Intelligence Professional Committee and a senior lawyer at Shanghai Mankun Law Firm, attended this training event. On the eve of the event, participants signed in in an orderly manner, immersing themselves in the professional analysis and exchange atmosphere focused on stablecoin hotspots and future compliance. The venue was packed, and the atmosphere was lively. Training Review Topic One: In-depth Analysis of Stablecoin Trends and Compliance Director of the Shanghai Digital Economy and Artificial Intelligence Special Committee of the China United Nations, and Director of the National Intellectual Property and Data Protection Special Committee of the China United Nations.

On May 21, according to Jinshi Data, Foreign Ministry spokesperson Mao Ning held a regular press conference. A foreign media reporter asked that the European Commission said yesterday that it would plan to impose a tax of 2 euros on small parcels entering the EU, most of which come from China. The Commission considers these parcels to pose a new challenge to the control and security of the EU. Do you have any comment? Mao Ning responded that we hope that the EU side will abide by its commitment to openness, provide a fair, transparent and non-discriminatory business environment for Chinese enterprises, and create favorable conditions for China-EU economic and trade cooperation.

CoinVoice has learned that according to Jin10's report from CCTV News, on the 19th local time, Russian President Putin and U.S. President Trump had a phone call to discuss the Russia-Ukraine issue. During today's regular press conference of the Ministry of Foreign Affairs, a reporter raised this question. Spokesperson Mao Ning stated that China supports all efforts conducive to peace, supports direct dialogue and negotiations between Russia and Ukraine, and supports a political resolution to the crisis. It is hoped that all parties can reach a fair, lasting, binding, and mutually accepted peace agreement through dialogue and negotiation.

Currently, the "front store and back factory" model can still be a realistic option, but the premise is that the team must truly achieve a clear separation of domestic and foreign resources and responsibilities, avoiding turning domestic technology development into an "invisible support" for overseas financial operations. This article is derived from a piece written by Man Kun Blockchain Iris and Mao Jiehao, organized and translated by Panewslab. (Background summary: Aptos Movemaker launched a "2 million USD funding program" and an exclusive co-creation space in Hong Kong to assist builders.) (Background supplement: Aptos EverMove was grandly launched in Hong Kong, with the first HackerHouse event offering a prize pool of 4 million HKD.) Whenever we talk about domestic Web3 entrepreneurship, we always mention the 924 document from 2021 and emphasize that conducting Virtual Money financial services domestically is illegal financial activity, constituting a crime and subject to legal prosecution.

Written by: Iris, Mao Jiehao When we talk about domestic Web3 entrepreneurship, we always mention the 924 document from 2021 and emphasize that engaging in virtual currency financial services domestically is illegal financial activity, which constitutes a crime and can be subject to criminal liability under the law. However, we will find that in recent years, there is a model between Hong Kong and Shenzhen called "front shop, back factory," which means setting up projects/companies in Hong Kong to face regulations and overseas capital; organizing development and part of the operational process in Shenzhen to enjoy strong technological research and development and low costs. This naturally raises doubts: Is this model really compliant? If it is compliant, does that mean I can establish a project in Hong Kong and operate it domestically? I have to say, this is a very interesting and also a very practical question. Why does the "front store and back factory" model exist? Some may wonder, since the year 2021,

> The 'front store and back factory' model in Hong Kong and Shenzhen appears to temporarily avoid direct regulatory intervention by clearly defining the operational functions within and outside the border. However, this model still inherently carries strong Compliance sensitivity. Author: Iris, Mao Jiehao When we talk about domestic Web3 entrepreneurship, we always mention the 924 document of 2021, and emphasize that providing virtual currency financial services domestically is illegal financial activity, which constitutes a crime and will be criminally liable. However, we will find that in recent years, there is a model between Hong Kong and Shenzhen called 'front shop, back factory', that is, setting up projects/companies in Hong Kong, facing regulation and overseas capital; organizing development and some operational processes in Shenzhen, benefiting from powerful technological research and development and low costs. This inevitably raises doubts: is this model really

BTC investor Lao Mao stated that he only advocates holding BTC, emphasizing only holding BTC in a cold wallet, without involving trading platforms, contracts, alts, etc. Reasons for believing that the current Bull Market is not over include the market remaining rational, no point shaving effects observed, and U.S. government Cryptocurrency reserve policy, etc. He advises holders to be patient and reminds readers that the content of the article does not constitute investment advice, and risks are borne by themselves.

Written by: Mao Jiehao, Xu Jiayao In November 2024, Donald Trump was re-elected by a landslide in the U.S. presidential election, becoming the 47th

Choosing an Airdrop requires caution and adherence to rules, such as simplicity, Mainnet launch, and Dragon1Dragon2 principles. For high-quality projects, it is advisable to participate appropriately to seize potential wealth opportunities, but not to pursue excessively. Choose a suitable way to participate based on your own situation. Consider the emotional value when choosing an Airdrop.

Editor: Mao Di On December 6, US President-elect Trump will appoint David Sacks as the White House Artificial Intelligence and Crypto Assets Chief, making him the new "encryption czar" at the White House. David Sacks is a South African-American entrepreneur and writer. He was the Chief Operating Officer of PayPal during its early days and has publicly expressed support for BTC and Crypto Assets. He believes that BTC is a tool to counter the TradFi system and centralization, especially in the context of global economic uncertainty and currency depreciation, showcasing its value. He believes that Decentralized Finance and blockchain technology can make the financial system more transparent. David Sacks has invested in multiple Crypto Asset projects through his venture capital fund, Craft Ventures, including: dYdX, Lightning Labs, River.

The Liberal Democratic Party of Japan announced the establishment of a new "Web3 role" within its headquarters to promote further development of Web3 in the digital society. The current Director of the Web3 project team, Akihisa Shiozaki, will assume this position, strengthening the execution planning of Web3-related policies and establishing relevant policy and Compliance environment. In addition, Prime Minister Shizo Abe proposed the inclusion of blockchain and NFT applications in the "Regional Revitalization 2.0" plan, aiming to inject new vitality into the local economy through digital technology.

Original author: Vitalik Buterin, founder of Ethereum Original text translation: Brother Mao, Wu talks about blockchain Recently, I finished reading (or rather, listening to) two main historical books that document the great Bitcoin block size war of the 2010s. These two books represent two opposing viewpoints: Jonathan Bier's "The Blocksize War" tells the story from the perspective of supporting small blocks Roger Ver and Steve Patterson's "Hijacking

Author: DefiOasis, Source: Geek web3 The origin of the airdrop "Get rewards at nearly zero cost.", "Money is not earned, it is brought by strong winds." This is the voice left by airdrop players on social media in recent years. This kind of free-for-profit profiteering has become commonplace in Web2’s early years of burning money to subsidize users and engaging in price wars. But in comparison, Web3's "subsidy" model of direct payment is more eye-catching. After the myths of airdrops such as ENS and DYDX emerged, the entire Web3 circle fell into the "gold rush" of airdrops. The Web3 airdrop behavior can be traced back to a programmer named Baldur Friggjar Odinsson, who issued AuroraCoin in 2014 and airdropped 31.8 Tokens for each of Iceland’s 330,000 citizens. But most people...

Author: NingNing, Crypto Analyst Source: X (original Twitter) @0xNing0x On this Sunday, the average gas fee on the Ethereum mainnet has dropped to single digits of 8. Now the Gas fee of the Ethereum mainnet is mainly consumed by the stablecoin gateway contract, L2 sequencer, Uniswap V2 contract and OpenSea’s Seaport contract. The average gas fee dropped to 8, which means that on-chain activities, such as flushing dogs, Mint small pictures, cash flow, and L2 airdrops, have almost stagnated. In addition, Connext launched a witch hunt, LayerZero cooperated with a third party to conduct user portrait perspective, and the details of Starknet’s airdrop also became confusing. Lu Mao Studio and Solo Wool Party, as the last warriors in the encrypted world, also began to lay down collectively. Although near-term speculation is picking up...

"What's the future for masturbators?" The market has gradually become more and more calm and terrifying, except for long-term sideways trading and sudden skyrocketing and plummeting. As for the "hair-rollers", it has been more than 5 months since the end of the last wave of HP-style airdrops (ARB). For issues such as the proportion of airdrops, the voice of "anti-rolling" in the community is far greater than the voice of "making money". For the studio, the investment is far greater than the return. Many studios even began to suspend their business because of the extremely low income within half a year. Even go out of business. Comments such as "the threshold for masturbation has become higher, you can't make money, and it's not friendly to retail investors" can be seen everywhere, and some people in the encryption industry also believe that the masturbation industry has come to an end. So what kind of problems are the current Lu Mao studios facing? In the future, will the way out for plucking hair still be the operation mode of "black slave" factories? cash flow see...

The boring ape (BAYC), known as the NFT aristocrat, is undergoing a tearful sale. Holders such as singer Huang Licheng have been selling BAYC NFT recently, causing the floor price of this series of NFT to fall below 30 ETH (about 57,000 US dollars). . More than a year ago, BAYC was still the darling of the fashion industry, and Curry, Justin Bieber and other superstars from all walks of life bought it one after another. Up to now, the floor price of this series of NFTs has fallen by more than 85% from the highest point, and celebrities and big players have been cut into "big wronged species". Although YugaLabs, the label behind Boring Ape, is known as the most playable NFT issuer, neither making games nor creating a universe can change the downward trend. The overall NFT market is also in depression, with the total market value falling from $29.3 billion at the peak to $6.05 billion today, a drop of 79.35%. Cobo wallet co-founder Mao Shixing (Shenyu) thinks...

Qiao Zhigang, Chairman of Hebei Lithium Power Oil Cloud Supply Chain Management Co., Ltd., Li Mao, General Manager, Wu Wenbin, Director of the Marketing Department, Song Jinpeng, General Manager of PowerChina Hebei Power Construction Engineering Co., Ltd., Shi Youcai, Deputy General Manager, and Su Yang, Director of the Marketing Department and other relevant leaders conducted an in-depth exchange on the morning of May 11. The two sides reached an in-depth cooperation willingness on smart energy management, urban power station construction, green energy consumption and low-carbon ecological development. After the exchange meeting, the two parties signed a strategic cooperation agreement. The agreement aims to promote energy transformation and sustainable development in Hebei Province through joint efforts of both parties. Through in-depth cooperation in smart energy management, urban power station construction, virtual power plant construction, green energy consumption and low-carbon ecological development, the two parties will jointly promote energy transformation and sustainable development in Hebei Province and contribute to the construction of a beautiful Hebei. The successful holding of this exchange meeting marks...