The essence of blockchain
First of all, the main function of blockchain is to store information. Any information that needs to be saved can be written into the blockchain and read from it, so it is a database.Secondly, anyone can set up a server, join the blockchain
Crypto Queen Cathie Wood warns: 99% of meme coins will eventually be worthless
Zhitong Finance APP learned that "in the cryptocurrency market with a total market value of up to $2.6 trillion, 99% of memecoins may eventually become 'digital waste paper'." Cathie Wood, head of ARK Investment, issued a heavy warning on T
Cathie Wood warns: Most memecoins may end up being worthless
Cathie Wood, founder and CEO of ARK Investment Management LLC, expressed skepticism about the long-term value of so-called meme coins in the cryptocurrency market on Tuesday. In an interview with Bloomberg Television, Wood discussed the pro
How does blockchain IFO make money?
Blockchain IFO has completed the rapid promotion of digital currency, thus attracting a large number of investors, which has led to participating in the popular blockchain digital currency IFO becoming a new way to make money.First, users w
EOS announces rebranding to Vaulta, shifting focus to Web3 banking
EOS Network announced its transformation to Web3 banking, and will be renamed Vaulta. On the one hand, it will provide blockchain-based services customized for banks; on the other hand, it will provide a broader financial ecosystem, includi
What are crypto assets?
Crypto assets, also known as digital assets or cryptographic assets, are electronic currencies or digital assets encrypted based on cryptographic principles. It uses encryption algorithms to ensure the security and anonymity of transactio
JPMorgan: Rising macroeconomic risks cause cryptocurrency market decline
Analysts at JPMorgan Chase noted today that the cryptocurrency ecosystem has retreated significantly from its post-2024 U.S. election highs amid heightened concerns about the broader macro environment and risk assets.The bank reported that
How is Bitcoin used?
Bitcoin, also known as BitGold, is a form of currency proposed by Satoshi Nakamoto in 2008. It is an electronic currency generated by open source P2P software. Bitcoin is a network virtual currency that can be used to cash out, and its cred
Crypto Czar David Sacks responds to reports of selling crypto assets: asset divestiture required due to government regulations
David Sacks responded to previous reports about his sale of crypto assets on the X platform, saying that he did not "dump" crypto assets, but divested assets in accordance with government ethics regulations, and emphasized that he wanted to
What are the characteristics of cryptocurrency? How to use cryptocurrency?
Cryptocurrency is a currency made with encryption technology. It is a digital currency, different from the paper money and coins we usually use. It is not physical and only exists in the online world. You can think of it as a special "onlin
Hong Kong stocks saw unusual movement! Guofu Quantum (00290.HK) surged over 8% again, bringing its year-to-date gain to nearly 1.8 times. The company partnered with Huajian Medical to advance the development of its RWA ecosystem.
03 Sep 2025
Jack Ma has indirectly invested in ETH and holds approximately 11.15% of Yunfeng Financial's shares
03 Sep 2025
Anthropic Completes $13 Billion in New Funding, Becoming the World's Most Valuable AI Startup
03 Sep 2025
OpenAI acquires Statsig for $1.1 billion
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Ondo Finance: Will launch an on-chain US stock trading platform on September 3
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AI-native platform Sola completes $17.5 million Series A funding round, led by a16z
15 Aug 2025