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Legal Status of Virtual Money: Criminal Protection of Encryption Assets from a Bitcoin Robbery Case
In recent years, with the development of blockchain technology, cryptocurrencies such as Bitcoin, Ethereum, and Tether have gradually become known to the public. Although these assets are represented as code and data, they essentially possess property attributes due to their value, transferability, and exclusivity. In China, although regulations prohibit the use of virtual money as legal tender or for speculation, its status as "specific virtual goods" or "data property" has been widely recognized in judicial practice.
In the field of criminal justice, cases involving Virtual Money are increasingly common, mainly involving types such as fraud, theft, and computer crimes. However, cases of robbery to obtain Virtual Money directly through violence or threats are relatively rare. A Bitcoin robbery case that occurred in Yichun, Jiangxi in 2021 ((2022) Gan 09 Criminal Final No. 9) became notable for its uniqueness and complexity.

This article explores the price mechanism issues arising from the JELLYJELLY contract event, comparing the algorithmic differences in the core elements of Perptual Futures among the three major platforms: Binance, OKX, and Hyperliquid. It reveals the financial philosophies and risk transmission mechanisms behind each platform. This analysis emphasizes the importance for traders to understand the mechanisms and potential risks of the selected platform.

Cosmos Hub is exploring various inter-chain security solutions to enhance the value of ATOM, proposing new models such as permissionless and lightweight permission, to enhance the security and flexibility of the Blockchain, and to promote the development and innovation of the ecosystem.

Japan is facing pressure from the Fed's interest rate hikes, forcing commercial banks to sell U.S. Treasuries, which may lead to the Fed increasing the money supply and impacting global dollar liquidity. This change is expected to bring new pump opportunities to the crypto market. Investors may turn to higher-risk crypto assets.

A recent report on Bitcoin Spot ETF predicts that the SEC will reject all related applications, leading to market Fluctuation and a sharp drop in Bitcoin prices. The report has sparked controversy, with analysts holding differing opinions, suggesting that there are no obvious signs of an early rejection. At the same time, this event reveals the complexity of the crypto market, and investors need to respond cautiously to various information and follow market regulation.

Tokenization of stocks: A new chapter in financial innovation
Recently, many well-known fintech companies have launched stock tokenization services, attracting widespread attention in the market. What exactly is this innovative product? Why is it favored by investors? Let's explore the mysteries behind it together.
The stock token innovation of a certain US-listed company.
The company recently launched a highly anticipated stock token service in the European Union market, providing European users with a new way to trade stocks.
This innovative service allows users to buy and sell derivatives that track stock prices priced in USD, with automatic Euro conversion in the background, charging a 0.1% exchange fee.
Custody and Mapping Mechanism
The core of the company's stock token lies in its unique custody and mapping methods. These tokens are derivatives that track prices, with the underlying assets securely held by a US-licensed institution. The company's European branch is responsible for issuing these contracts and recording them on the blockchain. Value

Research on the Liquidity Fragmentation Issue in the Layer 2 Era
With Ethereum's shift towards Layer 2-centric scaling solutions and the rise of tools like RaaS, a large number of public chains are rapidly developing. Many entities hope to build their own chains to represent different interests and seek higher valuations. However, the emergence of numerous public chains has made it difficult for the development of the ecosystem to keep pace with the public chains, leading to many projects experiencing a price drop at the time of TGE.
With the help of OP

Stablecoins are a type of digital token that are pegged to the price of fiat currency (usually the US dollar) and are essentially a series of standardized smart contracts. They are neither fiat currency nor central bank digital currency (CBDC).
The Trump administration has a friendly attitude towards stablecoins, believing that they help strengthen the dominance of the dollar. In contrast, they oppose central bank digital currency (CBDC), arguing that it could enhance government power and undermine personal freedom. In contrast, the EU and China support CBDCs but have a stricter regulatory stance towards stablecoins.
As the regulatory framework for stablecoins in the United States becomes clearer, the stablecoin network will deeply integrate into the existing dollar system. This will trigger unprecedented fierce market competition in the stablecoin space. Several well-known financial institutions have already begun to enter this field.
The main functions of stablecoins include value storage, medium of exchange, and payment. These functions mainly stem from the fiat currencies they are pegged to. However, stable

The impact and challenges of new breakthroughs in Quantum Computing on Blockchain.
On December 10, Google launched its latest Quantum Computing chip, Willow, marking another significant breakthrough since the first achievement of "quantum supremacy" in 2019. Willow features 105 qubits and has achieved the best performance in its class in both quantum error correction and random circuit sampling benchmark tests.
The Willow chip completed a computational task in 5 minutes that would take today's fastest supercomputers 10^25 years to accomplish, a figure that even exceeds the age of the known universe. Willow is capable of achieving an exponential decrease in error rates and reducing the error rate below a certain threshold, which is an important prerequisite for the practical application of Quantum Computing.
The head of the Google Quantum Computing team stated that Willow is the first system below the threshold, and it is the most compelling scalable logical qubit prototype to date, indicating large-scale

Sahara AI is committed to building an open and fair artificial intelligence economic ecosystem, ensuring the sovereignty of data and models through Blockchain, and ensuring fair profits for participants. The platform provides one-stop services for different user groups, covering all aspects of the AI lifecycle. Technological innovations make AI asset transactions transparent and traceable, promoting the popularization and democratization of AI.

A digital money bank released its financial report for the first quarter of 2023, with user deposits reaching 106 million USDT, operating revenue of 1.9742 million USDT, and a net profit of 1.2973 million USD, showing a significant rise compared to last year and demonstrating strong growth momentum. In addition, the platform conducted a coin buyback and destruction on April 10, highlighting transparency and credibility.

China Mobile's Migu announced the launch of its first NFT project, Meelier, on October 1, which will be globally released on October 12. Limited to 2000 pieces, it is inspired by characters from "XMC Café" and takes the form of a mystery box, aiming to innovate the digital entertainment model and demonstrate its proactive exploration and innovative spirit in Web3 technology.

A New Chapter in Hong Kong's Web3 Regulation: Balancing Compliance and Innovation
On May 31, the Hong Kong virtual asset trading platform clearance policy was officially implemented, and non-compliant exchanges will cease operations. As the deadline approaches, about half of the VATP applicants have chosen to withdraw, sparking widespread discussion in the market. Some pessimistic voices believe this marks the decline of Hong Kong as a financial center, even claiming that the Web3 era in Hong Kong has ended before it even started. But is that really the case? How should regulators respond to the challenges of Web3?
In fact, Hong Kong's strategic position as a Web3 bridge connecting the East and West has just begun to emerge.
The Next Decade of Web3: Comprehensive Compliance
From a global perspective, Hong Kong's current regulatory attitude is not an isolated case. Looking at the major Web3 financial markets around the world, we can observe a common trend.
As a pioneer in Web3 regulation, Japan has long been at the forefront.

A trading platform has launched a BTC Mining product with an Annual Percentage Rate of 2%, and offers additional rewards through Web3 wallet activities. Users participate by staking BTC, while the platform enhances project selection and fund security guarantees to ensure users' asset security and flexible operation.

The SUI Mainnet has been online for nearly a month, and its performance has sparked controversy. Its on-chain asset liquidity and activity have declined, with insufficient $SUI Circulating Supply and low appeal of the stake Interest Rate. Although there are diverse ecological applications, support for cross-chain bridges and stablecoins is lacking. It is recommended to drop the Node threshold and increase cross-chain facilities to promote ecological development.

The dual-token model to solve the dilemma of using and holding Crypto Assets.
Is the dual-token model superior to the single-token model? Although mainstream blockchain networks are unlikely to change their token models in the short term, this question is increasingly becoming a research focus for blockchain developers.
The traditional single-token model undoubtedly has advantages such as high liquidity and simplicity, which is why cryptocurrencies like Bitcoin and Ethereum have adopted this model. However, only the dual-token model can address the long-standing economic contradictions in blockchain - namely, that the actual use of the network can hinder its growth.
A thought-provoking paradox
Fundamentally, all blockchains share a common goal: to reliably record transactions, store economic value, and facilitate network development. Although the methods of achieving this vary, with some excelling in privacy protection, they are essentially all working towards the same direction.
Currently, the vast majority of blockchain ecosystems rely on a single token, which reflects the value of the project.