1. Bitcoin once fell below $87,000. What happened in the market?

On February 25, 2025, Bitcoin fell below $87,000, falling to its lowest level since mid-November last year. What happened in the crypto market? Click to read

2. What is the second open source king bomb thrown by DeepSeek?

On February 25, DeepSeek, which was open-source, released a trump card - DeepEP, the world's first full-stack communication library for MoE models. Because it directly solved the anxiety of AI computing power, GitHub instantly soared to 1,500 stars (referring to the number of collections), and the industry collectively went crazy, which shows its importance. Click to read

3. VC’s dilemma: liquidity reform and reshaping of trust mechanism

The biggest feeling I got from this trip to Consensus HK was that VC has a very difficult life. It is no exaggeration to say that there is widespread misery, which is in sharp contrast to Marshal P. Some VCs cannot raise the next round of funds, some VCs have lost half of their people, some VCs have turned to strategic investment instead of independent investment, and some VCs even consider sending memes to raise funds...Click to read

4. Zhao Changpeng’s 8,000-word article: How to ensure the security of your encrypted assets?

Changpeng Zhao (CZ), founder of Binance, posted an article on the social platform X yesterday evening (24), updating an article on cryptocurrency security advice to help users avoid hacker attacks. This article compiles and organizes the full text of CZ's article. Click to read

5. What caused the crypto market to plummet? What do industry insiders say?

Following last week's sharp decline, major U.S. stock indexes failed to rebound on Monday afternoon, with the Nasdaq closing down 1.2% and the S&P 500 down 0.5%.

On February 21, local time, Trump signed the "America First Investment Policy" memorandum. In terms of U.S. foreign investment, the memorandum attempts to strengthen the review of U.S. investment in China. Affected by this, Chinese concept stocks plummeted. The Nasdaq China Golden Dragon Index fell by 5.24%, and the Wind China Concept Technology Leader Index fell by more than 6%. Hot Chinese concept stocks fell across the board. Alibaba and Bilibili fell by more than 9%, and JD.com and Tencent Holdings fell by more than 7%. Click to read