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  • 02:40
    An insider whale's short position of 1,100 BTC has turned profitable, with an unrealized gain of $345,000.
    According to Jinse Finance, on-chain analyst @ai_9684xtpa has monitored that an insider whale's current short position of 1,100 BTC (approximately $120 million) has turned profitable, with an unrealized gain of $345,000.
  • 02:38
    ConsenSys founder: New token economy platform and launchpad to be launched on Linea
    ChainCatcher news, ConsenSys founder Joseph Lubin tweeted that he will launch a new token economy platform and launchpad on Linea. "If we can accelerate the global adoption of prediction markets such as Polymarket and MYRIAD, we can bring collective intelligence and market forces into governance and decision-making at all levels of society. Before Futarchy becomes truly widespread, we need deep liquidity and broad application of prediction markets. Once this goal is achieved, we can begin to replace subjective and centralized control by platforms with rent-seeking and deplatforming power, and instead move towards more objective, market-based decisions involving a broader range of stakeholders."
  • 02:11
    Vitalik praises Sandeep and Polygon for their contributions to the Ethereum ecosystem
    Jinse Finance reported that Vitalik posted on X, expressing his deep gratitude for Sandeep's personal contributions and the tremendous value Polygon has brought to the Ethereum ecosystem. To summarize: Polygon hosts Polymarket, which may be the only truly successful example of a "non-monotonic finance" application that delivers real value. Polygon also hosts many other applications that require high scalability. In its early days, Polygon invested significant resources in ZK-EVM proofs, whether by bringing in Jordi Baylina's team or through other efforts, greatly advancing the field. Polygon has built infrastructure for proof aggregation (AggLayer) as well as many other technologies. Regarding the ZK issue, I can understand Polygon's dilemma: they supported Jordi's team to fully commit at a time when the technology was still immature and not ready for production, so they contributed to the early and most difficult learning curve, but during that stage, it was hard for them to directly benefit from the results. Since then, the market structure has differentiated into L2 teams and ZK teams (such as Succinct, Risc Zero, the recent Brevis, and many other teams) existing as independent entities. I believe this is more reasonable than the previous approach where each L2 developed (OP or ZK) proof systems internally: being both the best L2 and the best ZK team at the same time is extremely difficult, as the two require completely different skill sets. Personally, I hope Polygon can soon directly adopt mature, ready-made ZK technology and apply it to the PoS chain, obtaining full phase one and subsequent phase two guarantees from Ethereum L1. Many people are not aware
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