Recommended weekend reading: Why Hooked is Binance’s latest IEO; Genesis is at stake

Those wonderful articles will not be forgotten because of the passage of time. For the convenience of readers to review and collect high-quality content, track the latest developments of projects, understand market conditions, and study and discuss. Rhythm BlockBeats will regularly summarize high-quality content for readers. If you have any suggestions and opinions, contributions and viewpoints, please contact us through the information at the end of this article.

Bankless: Genesis at Risk

Bankless author Jack Inabinet published an article to sort out the whole incident, what is the relationship between Genesis, Grayscale and DCG? There is actually a "suspicious connection" with Three Arrows Capital? What are the sources of risk for Genesis? How will the event ferment?

Genesis on the Edge of Bankruptcy , what exactly does it do? "

Genesis is the only full-service provider of prime brokerage in the encryption field, and it is also the signature of DCG (Digital Currency Group) , whose role is to enable large institutions to access and manage risk, comes after Genesis' quest for $1 billion remains unresolved where it will go. This article will talk about Prime brokers (PB) and Genesis.

《Binance New IEO Hooked: Will it be the next StepN to attract newcomers to Web3? "

On November 23, Binance announced that it will launch the 29th Launchpad project Hooked Protocol (HOOK), and Open the BNB special session. This sale will be based on the investment model. Binance will determine the user's available investment amount based on the user's 7-day average BNB holdings. Whether Hooked Protocol (HOOK) is expected to promote the large-scale adoption of Web3, this article will take you to find out from the official website white paper.

Why Hooked Protocol The latest issue of Binance Launchpad? "

On November 23, Binance will launch the 29th Launchpad project Hooked Protocol (HOOK), and open For the BNB session, this sale will be based on the investment model. Binance will determine the user's available investment amount based on the user's 7-day average BNB holdings. What kind of project is Hooked Protocol? Why is it the 29th Binance Launchpad project? This article is written by A&T Capital, as one of the investors of Hooked Protocol, maybe they can give the answer.

"Why does the trading platform always have a run on problem? "

As the encryption market as a whole enters a bear market, many institutions, especially trading platforms Problems such as bankruptcies and runs have occurred one after another. The dramatic collapse of FTX this month has once again sounded the alarm for people, and people can't help but ask why famous trading platforms continue to go bankrupt every cycle. Is this an inherent defect brought about by cryptocurrency, or is this an overall problem in the industry? This article starts from the traditional financial model, trying to find the reason for the run on the trading platform.

"Short Curve, USDT, Attack on Mango, who is Eisenberg"

On November 22, the community discovered that a giant whale was trying to short Curve (CRV), this address shown as ponzishorter.eth borrowed a large amount of CRV through Aave mortgage for selling, and sold both on-chain and off-chain, which successfully made the price of CRV drop from $0.6 to around $0.4. According to statistics, this address A total of about 5% of the circulating supply of CRV was sold. This is not the first time that the address of ponzishorter has appeared in everyone's sight. The initiator of the Mango Market attack not long ago was also this address. The continuous attacks and short-selling incidents made the controller behind the ponzishorter address, a giant named "Avraham Eisenberg", The whale surfaced. Who is Eisenberg?

《Will wBTC be thunderstorm? ? "

What impact did BitGo and Alameda have on wBTC? In the 24 hours leading up to the publication of this article, the author has been conducting research on wBTC. He recommends avoiding any "wrapped assets" for now. This article explores the reasons for the concern and hopes to dispel some of your concerns about "wrapped asset custody and its liquidity".

"Pantera Capital: 2024 Bitcoin Halving Cycle Trend Forecast and Outlook"

This article is the 2024 Bitcoin Halving written by Pantera Capital Cyclical crypto market forecasts. After the FTX incident, the crypto market was hit hard and it may take a long time to recover. Previously, it was generally believed that the arrival of the halving cycle will trigger a new round of bull market. This article uses the previous market performance of the halving cycle as a reference to make a simple analysis and outlook on the market in 2023-2024.

"AI Arena: NFT AI Arena led by Paradigm"

In the past two months, NFT The two most eye-catching concepts in the market are "Paradigm Leading Investment" and "F2O Games". If a new project is tagged with these two labels, the general reaction is, "It must be another project that can make a living and pull the market, so it's worthless!" AI Arena gathered 1.5 labels—"Paradigm lead the investment " and "Game". But what is surprising is that it is not like the projects mentioned above, which has a vigorous and explosive power that shines like a shooting star. Instead, it reveals a kind of gentle Zen in the tenacity of dripping water.

The Wall Street Journal — —SBF's Destined Crypto Empire"

Recently, SBF's $32 billion crypto trading empire fell apart in full view , leading investors, cryptographers and Silicon Valley bigwigs to question why a company that looked promising could collapse so quickly. The latest developments show that FTX wasn’t just bankrupted by its rivals, bad deals, or the continued decline in the crypto market this year, but rather, it’s a long-term accumulation of chaos. According to court documents, balance sheets, and interviews with employees and investors, early FTX was a collection of "difficult to constrain corporate entities, customer assets, and SBF" that no one could describe exactly to whom it belonged. Prosecutors are currently investigating FTX's problems.

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