🚀 Top Trader Eugene Ng Ah Sio Discusses Token Unlocking Opportunities

According to BlockBeats, on September 24, top trader Eugene Ng Ah Sio shared his insights on social media regarding the opportunities presented by token unlocking events. He emphasized that few people understand that each unlocking event is a bullish opportunity for those who favor or are optimistic about a protocol. These unlocks provide steadfast participants with the chance to accumulate more tokens.

Ng Ah Sio pointed out that problems arise only when tokens are deemed worthless or have no value, which unfortunately applies to 95% of existing protocols. He noted that for many altcoins that have seen an 80-90% price drop since their launch, their valuations are gradually approaching reasonable levels.

#EugeneNgAhSio #TokenUnlocking #BullishOpportunity #Protocols #Accumulation #Altcoins #PriceDrop #MarketInsights #Cryptocurrency

🚀 Fractal Bitcoin Releases Open-Source BRC-20 Protocol

According to Foresight News, Fractal Bitcoin announced on social media that it has open-sourced the BRC-20 protocol based on Fractal. Following the open-source release of Ordinals on September 14, the BRC-20 protocol based on Fractal has now been made available. This release aims to assist developers in easily analyzing and building applications related to the BRC-20 protocol.

The open-source implementations of Ordinals, BRC-20, and other protocols will continue to be released in the future. This includes the implementation of Fractal protocols such as the Runes protocol indexing component, gradually creating a developer-friendly source code framework.

#FractalBitcoin #BRC20 #OpenSource #Ordinals #Blockchain #Developers #Crypto #Protocols

🚀 Ethereum Staking Yields Drop To 3%, Analysts Note Lower Returns Compared To Other Layer 1 Protocols

According to Odaily, the staking yield on the Ethereum network has currently fallen to 3%, a slight decrease from the 3.5% observed in July. Analysts have pointed out that Ethereum's staking yield is now lower than that of other major Layer 1 protocols, which typically offer yields ranging from 7% to 21%.

#Ethereum #Staking #Yields #Layer1 #Protocols #ETH

🚀 DePIN Industry Revenue Projected To Surpass $150 Million By 2025

According to PANews, Messari Crypto researcher Dylan Bane recently tweeted that the decentralized physical infrastructure networks (DePIN) industry is expected to see its revenue exceed $150 million by 2025. The year 2024 is anticipated to be a breakthrough period for DePIN, as multiple protocols stabilize on the supply side and successfully attract demand. Some protocols are projected to achieve annual revenues in the seven to eight-figure range. By 2025, DePIN is likely to further expand its influence and achieve significant growth.

#DePIN #IndustryRevenue #Crypto #DecentralizedInfrastructure #PANews #Messari #DylanBane #Growth #Protocols #2025

🚀 DeFi Protocols Achieve Record Revenue In December 2024

According to Odaily, data from Token Terminal reveals that in December 2024, the top five DeFi protocols generated $158 million in revenue, with four reaching all-time monthly highs. Ethena led the group with a record $56.9 million, accounting for nearly 25% of its total annual revenue of $230.8 million. Sky, formerly known as Maker, also set a new monthly record with nearly $40 million, representing 13% of its $304 million revenue for 2024. This new record was just under $1 million shy of its previous peak in January 2022. The DEX Aerodrome on Base achieved approximately $38 million in December, surpassing its previous high by over $5 million and contributing 15.6% to its annual revenue of $243.6 million. Aave's revenue jumped by over $3 million from November to December, reaching a record $13.6 million, which is 16.7% of its total 2024 revenue of $81.4 million. Lido was the only DeFi application among these not to set a new monthly record, with December revenue at $9.6 million, making up 9.3% of its $103.6 million revenue for the year.

#DeFi #Protocols #Revenue #RecordHigh #Ethena #Sky #Maker #Aerodrome #Aave #Lido #TokenTerminal #Cryptocurrency #Finance #Blockchain #AAVE

🚀 Ethereum and Solana Networks Face Revenue Challenges

According to BlockBeats, recent data from DeFiLlama reveals that the Ethereum network hosts 1,271 protocols, with 88% of them, or 1,121 projects, generating no revenue in the past 30 days. Similarly, the Solana ecosystem, which is smaller with 264 protocols, has seen 75% of its projects fail to produce income in recent days. This trend indicates a significant number of protocols on both chains have been unable to capture value recently.

The increase in inactive smart contracts contributes to storage burdens, security risks, and economic inefficiencies, hindering improvements in the overall user experience.

#Ethereum #Solana #DeFi #crypto #smartcontracts #blockchain #revenuechallenges #protocols #userexperience #ETH #SOL

🚀 Binance CEO Richard Teng Shares Key Investment Principles for Crypto Newcomers

Key TakeawaysDYOR (Do Your Own Research) is Teng’s top rule for all investors.Learn the fundamentals of blockchain and protocols before deploying capital.Start small, use trusted platforms, and reassess strategies regularly.Beginners should avoid chasing hype and remain disciplined in their approach.In a recent AMA on Binance Square, Binance CEO Richard Teng outlined his most important principles for crypto investing, aimed especially at newcomers entering the market.Teng emphasized that “DYOR—Do Your Own Research—remains essential,” even for experienced traders and investors. He stressed that understanding the fundamentals of blockchain technology, different chains, and protocols should be a priority before allocating capital.For those starting their journey, Teng advised to “start small, use a reputable platform, and explore carefully.” He also encouraged investors to regularly reassess their strategies, adapting to changing market conditions rather than relying on static approaches.Reflecting on common mistakes, Teng highlighted that beginners should avoid chasing hype or narratives without research, warning that such approaches often lead to losses. Instead, building a solid foundation in knowledge and risk management is the best way to grow and protect investments over time.

#DYOR #DoYourOwnResearch #CryptoInvesting #CryptoNewcomers #StartSmall #ReputablePlatforms #TrustworthyPlatforms #LearnBlockchain #BlockchainBasics #Protocols #Blockchains #RiskManagement #Discipline #AvoidHype #InvestingPrinciples #Binance #BinanceSquare

🚀 a16z Advocates for Regulatory Clarity in Digital Asset Report

According to PANews, a16z has submitted its opinions to the Commodity Futures Trading Commission (CFTC) regarding the Presidential Working Group's digital asset report. The venture capital firm proposes several measures to enhance regulatory clarity. Firstly, it suggests issuing no-action letters or interpretive guidance to clarify that qualifying 'Protocols'—blockchain and smart contracts—do not require registration. Secondly, a16z recommends providing no-action letters or guidance for 'Apps'—front-end interfaces—that meet specific functional and user qualification criteria, ensuring they are not subject to registration obligations such as FCM, IB, DCM, SEF, and clarifying compliance practices for ECP and domestic/foreign user certification. Lastly, the firm calls for rulemaking or exemptions to offer innovative exemptions or customized registration paths for Apps that do not meet the second condition. a16z highlights previous enforcement actions that have confused Protocol and App functions, leading to uncertainty that hampers innovation in the United States.

#a16z #CFTC #digitalasset #regulatoryclarity #blockchain #smartcontracts #noactionletters #protocols #apps #registrationexemption #innovation #compliance #front-endinterfaces #ECP #FCM #IB #DCM #SEF #US

🚀 Lighter CEO Discusses Appeal Mechanism for Sybil Screening

According to Odaily, Vladimir Novakovski, founder and CEO of Lighter, addressed the topic of Sybil screening during an interview on a Twitter Space hosted by jez (@izebel_eth). Novakovski stated that an appeal mechanism is in place for users who feel unfairly targeted by the algorithm. He noted that the number of appeals has been lower than expected. Users are encouraged to fill out an appeal form on Discord if they believe the algorithm has been unjust.

Novakovski explained that the specifics of the algorithm will not be disclosed to prevent targeted optimization. The process involves extensive data science work, including cluster analysis and behavior pattern recognition. Lighter's quantitative team, whose regular duties include liquidity and market-making coordination, spent several weeks on this project. The company also consulted with protocols and individual Sybil hunters who have conducted similar work. Novakovski expressed confidence in the final results but urged users to appeal in cases of potential misjudgment.

#Lighter #CEO #SybilScreening #AppealMechanism #VladimirNovakovski #Algorithm #Discord #DataScience #ClusterAnalysis #BehaviorPatternRecognition #Liquidity #MarketMaking #Protocols #SybilHunters #Misjudgment

🚀 FAA Director Responds to NTSB Findings on Fatal Collision

The Federal Aviation Administration (FAA) Director, Brian Bedford, has stated that the agency does not oppose the National Transportation Safety Board's (NTSB) findings regarding a fatal mid-air collision near Washington last year. According to Jin10, the NTSB concluded that the FAA's negligence contributed to the tragic incident. Bedford acknowledged the investigation results, indicating a willingness to address the issues highlighted by the NTSB. The collision, which resulted in multiple fatalities, has prompted discussions on improving aviation safety protocols and oversight. The FAA is expected to review its procedures to prevent similar occurrences in the future.

#FAA #NTSB #aviation #safety #collision #fatalities #investigation #Washington #oversight #protocols

🚀 Monad Co-Founder Releases Security Checklist for Protocols

Monad co-founder Keone Hon has shared a security self-checklist for protocols on the X platform. According to Odaily, the checklist focuses on key issues such as management permissions, fund security, and multi-signature mechanism design. It includes ten main points:

1. Identify which administrator functions could lead to fund loss.

2. Ensure all related operations have time locks.

3. Establish a real-time monitoring mechanism.

4. Provide timely alerts when administrator functions are called.

5. Review all privileged accounts and adopt a multi-signature (k-of-n) structure where possible.

6. Define signature threshold parameters clearly.

7. Multi-signature signers should use independent cold devices solely for signing operations and follow best practices, such as independently verifying transaction hashes.

8. Set withdrawal rate limits and avoid control by the same multi-signature.

9. Ensure employee devices have malware detection and management capabilities.

10. Prepare for extreme scenarios where multi-signature signers are compromised, reverse-engineer potential attack paths from an attacker's perspective, and optimize system design to increase attack cost and complexity.

#Monad #SecurityChecklist #Protocols #AdministratorPermissions #FundSecurity #MultiSignature #ColdDevices #MalwareDetection #TransactionHashes #ExtremeScenarios #SystemDesign #TimeLocks #RealTimeMonitoring