Théo insists he has no political motives and is simply trying to make money, but the sheer size of his funds makes it nearly impossible for him to exit these bets, taking on huge risks.

Golden Weekly is a weekly blockchain industry summary column launched by Golden Finance. Its content covers the week's key news, mining information, project dynamics, technological progress and other industry dynamics.

Let’s start with Ethereum. Recently, “pessimism about Ethereum” seems to have become the consensus of the market, and the market seems to have no reason to prove that Ethereum is better than Solana.

In 1994, Kevin Kelly, a famous American writer and entrepreneur, explored in depth the intersection of technology, nature and human society in his masterpiece "Out of Control", and how these intersections shape our understanding of control, complexity and evolution.

The memecoin industry has seen a massive surge over the past few months, with its market cap surpassing $70 billion a few days ago. After the recent correction, that number currently stands at around $64 billion.

As we all know, interest rate cuts will likely lead to another burst of liquidity, thereby pushing up the prices of US dollar assets.

This week, 27 blockchain startups raised $213.5 million, with the largest round of financing being Kraken’s $42,500 grant from the Optimism Foundation. There were 12 projects that received seed round investment, and 14 projects received other rounds of financing.

Golden Finance launched the 2497th issue of "Golden Morning 8", a morning report on the cryptocurrency and blockchain industry, to provide you with the latest and fastest news on the digital currency and blockchain industry.

Although this phenomenon seems to be a service innovation, it also hides potential legal risks. Below, we will analyze the legal risks behind this type of service and how to prevent them from the perspective of legal compliance.

On November 1, UBS took the groundbreaking step of launching the “UBS USD Money Market Investment Fund Token,” commonly referred to as “uMINT.”

Bitcoin (BTC), the largest cryptocurrency in the market, has experienced an extraordinary surge in bullish momentum, breaking previous cycle patterns and achieving an astonishing 60% price increase in the past month. Today, Bitcoin has breached its previous record, reaching a new all-time high (ATH) and currently trading at $69,200.  Bitcoin’s Price Surge The success of […] source: https://bitcoinist.com/bitcoin-breaks-through-69000-setting-new-record/

According to CryptoPotato, a complete set of 10 Autoglyphs has been acquired for 5,000 ETH, equivalent to approximately $14.6 million. This sale marks the highest NFT sale in the past two years and stands as the fifth-largest purchase on-chain, setting a new benchmark for the value of blockchain-based artworks. The acquisition was facilitated by Fountain.xyz, a brokerage specializing in rare digital art, and was made by an anonymous collector with a background in the traditional analog art scene. The collector intends to exhibit the works in museums and institutional settings in the future. The collector was represented by esteemed art advisor Amanda Schmitt, whose expertise has been recognized globally, including a feature on TIME magazine’s “Person of the Year” cover in 2017. The Autoglyphs, created by Larva Labs’ Matt Hall and John Watkinson, emerged nearly two years after they created CryptoPunks. Comprising 512 unique outputs, the Autoglyphs have quickly become one of the most coveted collections for generative art enthusiasts. The acquired set, one of only seven and among the three developer ones directly curated and minted by Larva Labs, was previously part of the renowned “Old School Collection.” Autoglyphs have been exhibited at prestigious venues such as Centre Pompidou and Sotheby’s, with Centre Pompidou, Europe’s largest modern art museum, featuring the digital works as part of its first-ever exhibition on NFTs. With over $50 million in secondary sales, Autoglyphs have established themselves as highly sought-after assets, and this latest acquisition only serves to solidify their position in blockchain art history. Launched in 2019, Autoglyphs represent the first “on-chain” generative art on the Ethereum blockchain. Unlike many NFTs that rely on off-chain storage, each Autoglyph is self-contained within the blockchain, ensuring its uniqueness and ownership. Produced by a highly optimized algorithm capable of generating billions of unique artworks, the Autoglyphs ceased production after the creation of 512 glyphs, making them exclusively available on the secondary market.