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Social is becoming the underlying infrastructure of finance.
This document also systematically discloses a large number of important details such as legal pricing, token release schedule, market-making arrangements, and risk warnings.
In an interview, Duan Yongping shared his investment philosophy, views on corporate culture, management principles, and insights on children's education, emphasizing the importance of long-termism, rational investing, and corporate culture. Summary generated by Mars AI This summary was generated by the Mars AI model, and the accuracy and completeness of its content are still in the process of iterative improvement.
There are serious divisions within the Federal Reserve over issues of inflation and the labor market. The hawkish faction opposes further interest rate cuts, while the dovish faction is concerned about economic weakness. Powell is attempting to balance the views of both sides. Summary generated by Mars AI. This summary is produced by the Mars AI model, and its accuracy and completeness are still being iteratively improved.
Cryptocurrency financing has entered a stage where many assumptions are being questioned.
- 19:45An attacker or deliberate manipulation of POPCAT caused Hyperliquid HLP to incur $4.9 million in bad debt.According to ChainCatcher, as monitored by Arkham, an attacker allegedly carried out a deliberate attack on HLP (Hyperliquidity Provider) on Hyperliquid. The attacker used 19 wallets and $3 million in principal to establish a POPCAT long position worth $20-30 million with 5x leverage, and set up a massive buy wall. Subsequently, the attacker suddenly removed the buy wall, causing the price of POPCAT to crash, and the $3 million collateral was instantly liquidated to zero. Due to a lack of liquidity, HLP was forced to take over the position, ultimately resulting in a bad debt loss of $4.9 million. Analyst @mlmabc pointed out that this act of losing $3 million within seconds was not stupidity or negligence, but a "deliberate attack" targeting HLP and Hyperliquid.
- 19:00Number of active Solana addresses drops to a 12-month lowJinse Finance reported that, according to data from The Block, as the meme craze fades, the number of active addresses on Solana has dropped to 3.3 million, hitting a new 12-month low and showing a significant decline compared to the peak of over 9 million active addresses in January. Despite the decrease in active addresses, Solana continues to expand its product infrastructure. The network is building new decentralized exchanges, prediction markets, and real-world asset protocols, while the total value locked in DeFi has reached 10 billion dollars, with protocols such as Jupiter, Kamino, and Jito performing prominently.
- 18:27The Federal Reserve's overnight reverse repurchase agreement (RRP) usage was $5.886 billion on Wednesday.Jinse Finance reported that the Federal Reserve's overnight reverse repurchase agreement (RRP) usage was $588.6 million on Wednesday, compared to $715.2 million in the previous trading day.