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In a country isolated by the Western financial system, "stablecoin"—a term that once appeared only in Silicon Valley whitepapers—has quietly become a foundational infrastructure that ordinary people and businesses truly rely on.
The article reveals how, under Western financial sanctions, the crypto economy has become an important financial tool for businesses and individuals in Russia, with stablecoins such as USDT playing a key role in both the black market and legitimate trade. Summary generated by Mars AI. This summary was generated by the Mars AI model, and the accuracy and completeness of the content are still being iteratively updated.
Before Moore Threads was listed on the STAR Market, Li Feng had another secret history in the crypto space.
IoTeX Head of Research Dr. Xinxin Fan co-authored a paper titled "Enabling a Smooth and Secure Post-Quantum Transition for Ethereum," which was awarded Best Paper at the 2024 International Conference on Blockchain (ICBC 2024).
- 06:58Korean media: Due to regulatory delays, South Korea's plan to allow spot cryptocurrency ETF trading within the year has basically fallen throughJinse Finance reported, citing Korean media naver, that due to delays in the revision of South Korea's Capital Markets Act, the country's plan to allow spot cryptocurrency ETF trading within the year has basically fallen through. Currently, there are four pending amendments related to the approval of spot cryptocurrency ETFs, but some analysts point out that, as a result of the institutional restructuring of the Financial Services Commission and the Financial Supervisory Service, as well as government measures to stimulate the stock market consuming a large amount of policy resources, the institutionalization process of crypto assets may have been relegated to a secondary position.
- 06:55Uniswap founder: Uniswap CCA's first auction has ended, with bids reaching $59 millionChainCatcher news, Uniswap founder Hayden Adams posted on X that the first Uniswap CCA auction initiated by Aztec Network has ended, with a total bid amount reaching $59 million. There was no sniping, bundling, or timing games during the auction process; instead, it was a slow and fair price discovery, ultimately closing at a price 59% higher than the reserve price. Part of the auction proceeds and token reserves will be used to launch the Uniswap v4 liquidity pool, which will become the largest source of secondary market liquidity.
- 06:55DWF Labs partner: The market has underestimated the future growth potential of BTC and the crypto industryChainCatcher News, DWF Labs partner Andrei Grachev stated on social media, "I think we are underestimating the future growth potential of bitcoin and its industry. Considering all the positive signs such as regulation, institutional adoption, reserves, and tokenization, this potential will continue to grow. Speculation has become complicated, but medium- to long-term investment is much easier."