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BTC $77,231.09 +3.44%
ETH $2,411.96 +3.86%
BNB $648.49 +3.31%
XRP $1.47 +2.66%
SOL $88.50 +0.98%
TRX $0.3266 +0.46%
DOGE $0.0985 +1.62%
ADA $0.2581 +2.05%
BCH $454.61 +1.48%
LINK $9.60 +2.59%
HYPE $45.00 +3.65%
AAVE $115.02 +2.50%
SUI $1.00 +2.50%
XLM $0.1744 +5.57%
ZEC $338.44 +1.93%

taobao

Beijing Business Today: The chaos of cryptocurrency speculation has infiltrated platforms such as Xiaohongshu, Taobao, and Xianyu

Beijing Business Daily Financial Investigation Team published an article titled "The Surge of Cryptocurrency Speculators into Social Platforms," which points out that the chaos of cryptocurrency speculation has infiltrated platforms such as Xiaohongshu, Taobao, and Xianyu. What appears to be lifestyle sharing, newcomer benefits, or product links is, in fact, a diversion for cryptocurrency speculation, brewing a carefully woven hunting trap for ordinary people. From the perspective of diversion methods, it can be roughly divided into several situations, such as creating topics to build IP and setting up advertising links on platforms. Industry insiders believe that a "counter-hunting" battle against the chaos of cryptocurrency speculation has also begun, but to completely end this game, a joint effort from regulators, platforms, and users is needed.Not long ago, Pan Gongsheng, the governor of the People's Bank of China, publicly stated that efforts to crack down on the operation and speculation of virtual currencies within the country would continue. Since 2017, the People's Bank of China, together with relevant departments, has issued multiple policy documents to prevent and address the risks of domestic virtual currency trading and speculation, and these policy documents remain effective. In the next step, the People's Bank of China will continue to work with law enforcement agencies to combat the operation and speculation of virtual currencies within the country, maintain economic and financial order, and closely monitor and dynamically assess the development of overseas stablecoin values.

Blur founder: The growth strategy of Blur is inspired by Uniswap and Taobao, and future development will be largely influenced by the community

ChainCatcher news, according to CoinDesk, NFT marketplace Blur co-founder Pacman stated in an interview that his real name is Tieshun Roquerre, a 24-year-old developer and investor. Roquerre revealed that the inspiration for Blur's tokenomics and growth strategy comes from the decentralized cryptocurrency exchange Uniswap and the e-commerce platform Taobao.Regarding NFT royalties, Roquerre stated that his position is to maximize copyright usage fees in a scalable and sustainable way. Although there are zero-royalty markets, he decided to steer traders away from these markets by incentivizing them (for example, through its competitive strategy against OpenSea).In response to Blur's privacy policy statement that "the platform collects information such as browsing history, email addresses, and work history that can be used to create consumer profiles," Roquerre denied that the platform is collecting user data and stated that its privacy policy is "very standard." He added that the data collected is publicly visible on the blockchain. However, he promised to update the privacy policy to clarify its intentions to users.Roquerre also mentioned that the future of the platform will largely be influenced by its community, which can use the treasury holding 39% of the total supply of BLUR tokens. He said, "The community can vote on financial allocations for developing features or various initiatives, and can also vote to allocate financial grants to new economic designs, which may include introducing platform fees at some point to generate additional revenue in the future."Additionally, according to crypto data platform RootData, Blur completed a $11 million seed round financing led by Paradigm in March 2022. (Source link)
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