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StepN Business Experience: Earn 3 million in 3 months, but “don’t even think of taking a penny home”

On May 21, Zhu Xiaohu, the managing partner of Beijing Jinshajiang Venture Capital, a self-proclaimed “conservative” investor, bought a pair of StepN running shoes, and said in a circle of friends that he earned $30 on the first day of running and is expected to pay back his capital in 3 months. “StepN’s economic model …

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Russia plans to use cryptocurrencies for international trade? Central Bank: Open

Earlier this week, Russia’s finance ministry said it was considering allowing cryptocurrencies to be used for international trade settlements in order to offset the impact of Western sanctions. According to Reuters , Russia’s central bank, which had called for a ban on cryptocurrencies, said recently that it is not interested in the above-mentioned concerns . The proposal is …

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Will we experience another “crypto winter” like 2018?

The young cryptocurrency market is facing the most pivotal period in its history. Bitcoin has fallen 55% since reaching an all-time high of $69,000 in November 2021. Just a few weeks ago, Terra, the second-largest DeFi ecosystem, collapsed in the largest catastrophic event in the history of the cryptocurrency market. Retail, institutional and even corporate investors lost …

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Don’t listen to persuasion to invest in cryptocurrencies! ECB president: Obviously ‘worthless’

While European Central Bank (ECB) President Christine Lagarde believes that cryptocurrencies are “worthless” and even stressed that she will never touch cryptocurrencies, her son clearly has a different opinion. Lagarde recently accepted an exclusive interview with the Dutch talk show “College Tour”. When asked by the audience whether she held any cryptocurrencies, she admitted that she did …

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The collapse of UST and LUNA sounded the alarm! Regulations in various countries point to the cryptocurrency market

The impact of the collapse of the Terra algorithm stablecoin UST and the governance token LUNA has been transmitted to the outside of the cryptocurrency field, and regulators in various countries have drawn attention back to the cryptocurrency market. On May 8, the algorithmic stable currency UST running on the Terra blockchain was significantly decoupled. …

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OpenSea accelerates the Web3 process, and how its new protocol Seaport changes NFT gameplay

As the undisputed monopoly of the current NFT market, OpenSea has fallen into the whirlpool of public opinion of “pseudo Web3 products” one after another due to its centralized operation method, and the dissatisfaction of users has also left all kinds of competitors holding high the flag of decentralization. down the development space. In the face …

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Terra synthetic asset protocol Mirror Protocol is under attack! Estimated loss of $2 million

The Terra Ecosystem’s DeFi app Mirror Protocol is under attack again. At press time, the mBTC, mDOT, mETH, and mGLXY synthetic asset pools on the protocol have been depleted, with a preliminary estimate of a loss of around $2 million. According to community members , the hackers may have exploited a bug in a misconfigured price oracle to carry out …

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“Investment guru” Howard Marks latest memo: How to get out of the market before the crash

For a hundred years, the stock market has been ups and downs, and it has never stopped. Countless cycles have passed through the historical sky like bright shooting stars. Why is there a “cycle”? Why do investors put so much energy into the ongoing battle against market volatility? Because their investment psychology is always influencing the direction …

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Another luxury brand enters Web3, Prada launches first independently developed digital collection

If you follow the fashion industry, then you definitely know Prada. The continuous increase of NFT and metaverse fields of luxury goods is not only for chasing hot spots, but also a marketing strategy. Prada is known as the ninth most expensive luxury brand in the world, after Gucci, Louis Vuitton and Balenciaga. This Thursday, Prada …

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Optimism governance token OP airdrop is here! A large number of users are rushing to get it, and the network is overwhelmed

Optimism, the well-known Ethereum Layer 2 scaling solution, announced earlier today (1) that the governance token OP airdrop is officially open for application, and free tokens will be sent to 249,000 eligible addresses as rewards. Early adopters of the project and other ethereum users such as DAO voters, multi-signers, and ethereum cross-chain bridge users. Optimism …

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