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TON Society co-founder Jack Booth discussed the future of decentralization, the impact of central bank digital currencies (CBDCs), and the path to mass adoption of cryptocurrencies in an interview with Cointelegraph. He believes that promoting the decentralization of The Open Network (TON) is crucial, emphasizing that decentralized networks allow users to have better control over their data and finances. Booth warned that CBDCs could undermine the principles of decentralization, but supports a hybrid solution combining CBDCs and decentralized networks. He also pointed out that decentralized technologies must offer high availability and user-friendliness in order to achieve mass adoption. Summary generated by Mars AI This summary was generated by the Mars AI model, and the accuracy and completeness of its content are still under iterative improvement.
Trump-appointed governor Milan, as before, advocates a 50 basis point rate cut, while another voting member, Schmid, supports holding rates steady.
Which x402 "infrastructure proponents" and "pragmatists" are driving the development of the x402 protocol?
- 05:48A Chinese man arrested in Bangkok for allegedly running a $14 million cryptocurrency Ponzi schemeJinse Finance reported that Thai police arrested Chinese national Liang Ai-Bing (transliteration) on Wednesday for allegedly participating in a $14 million cryptocurrency scam related to the now-defunct platform FINTOCH. FINTOCH had promised a daily return rate of 1%, falsely claimed to be backed by Morgan Stanley, and even hired actors to play a fake CEO, ultimately conducting an exit scam in May 2023. On-chain analyst ZachXBT tracked that in this exit scam, the fraudsters transferred 31.6 million USDT via the Tron and Ethereum networks, calling it the largest DeFi exit scam of 2023.
- 05:45AI education agent VideoTutor completes $11 million seed round financing, led by YZi LabsChainCatcher news, AI education agent platform VideoTutor announced the completion of an 11 million USD seed round of financing, led by YZi Labs, with participation from Jinqiu Fund (affiliated with ByteDance), Baidu Ventures, Amino Capital, and BridgeOne Capital. It is reported that VideoTutor was founded by 20-year-old Silicon Valley entrepreneur Kai Zhao, and combines large language models (LLM) with the Manim rendering pipeline to transform any question into a personalized animated course. The platform has already attracted over 20,000 users and has received more than 1,000 API integration requests from educational institutions.
- 05:37DeFiance Capital founder: Speculative sentiment among Asian crypto native users hits a new low in this cycleJinse Finance reported that Arthur, founder of DeFiance Capital, stated on social media, "The speculative sentiment among Asian crypto-native users has reached a new low in this cycle. I haven't seen such poor market sentiment and performance since 2022."