Among the many contract trading products I have used, DYDX is the most perfect contract product I have ever seen and used.
None of them, including centralized trading platforms, which face too many shady operations.
The reason why I mentioned the DYDX product protocol is not to encourage you to use it, but that when you are facing many protocol layers, you should think about whether it is feasible or not from the underlying logic.
Another question is why the market needs this product and why it exists. For example, there is a reason why AAVE can be revived. It is because it grasps the needs of the market.
lol, friends, it's time to feel the fear
This is the most interesting content I have seen recently, and it also trapped me, and I can't stop feeling
It seems to be changing, but it also seems not to be changing. What is the reason?
A pleasant day started, friends
Share it with a very interesting picture, I admit that I saw this picture laughed for a long time, so that my stomach hurts a bit 🤣
When you wake up very happy, you feel that this is the meaning of living
A beautiful day starts with a good mood, With another new change, this is exciting
This is why everyone will get together here. There is no advertisement, no fraud, I hope everyone has a beautiful day.
Jake Chervinsky, chief policy officer of the Blockchain Association, stated in his tweet that the US Department of Justice wrongly cited the law on the TORNADO CASH prosecution, and DOJ ignored the guidance of the "Flood Transfer" definition of the "capital transferor" definition of the financial crime law enforcement bureau (FINCEN) in 2019. If FINCEN's guidance is correct, the Ministry of Justice cannot win this allegations.
Bitmex founder Arthur Hayes wrote in his blog that the Fed is currently not both raising interest rates and shrinkage, and these two policies offset each other. Ralely interest rate hikes increase the US government's debt interest expenditure, which is equivalent to providing financial stimuli to the rich; the shrinkage of the table directly recover liquidity from the banking system. On the other hand, the Federal Reserve controls the price of currency by paying interest on anti -repurchase and reserve payments, and these interest payment also increases currency supply.
In Hayes, the current US fiscal situation is different from that in the 1980s. The proportion of US government debt accounted for GDP four times that of the time. Nowadays, the Fed's interest rate hike can not only achieve the effect of tightening the currency environment, but also make it more difficult for the US government to raise bond financing.
HAYES predicts that with the further out of control of the US Treasury bond market, the Fed will eventually be forced to abandon the price of currency and only pay attention to the number of currencies. This will cause the Federal Reserve to cut interest rates sharply or even restart quantitative easing. At the same time, in order to reduce inflation and realize fiscal sustainability, the Fed may cancel interest on paying deposit reserve to commercial banks and forced commercial banks to purchase government bonds.
Hayes suggested that investors hold cash and cryptocurrencies to hedge inflation risk. He believes that due to the dominant position of fiscal policies, cash and certain assets (such as cryptocurrencies) may become a hedging tool against inflation and other economic risks.
In an interview, Eleanor Hughes, the general legal adviser of Binance, said that in order to keep up with the development speed of encrypted supervision, Binance hired a large number of legal experts. Although Hughes has joined for less than two years, she has witnessed the scale of the legal team from about 15 people to the current scale of more than 80 people. The cooperation of the Binance Legal Department and the company's compliance team will pay close attention to the long -term trend that affects the regulatory pattern in the next few years and responds to new development. In addition to actively strive for more licenses, Binance is still using all opportunities to participate and and Dialogue of regulators.