RootData organizes and presents Binance team organizational chart

Web3 asset data platform RootData has organized the main team organizational chart of Binance based on public information and made the following points:

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Web3 asset data platform RootData organizes and presents Binance team organizational chart

Web3 asset data platform RootData has organized the main team organizational chart of Binance based on public information and made the following points:

It is reported that after Binance completed the largest financing in the history of the crypto industry, this towering tree has once again become the focus of the market. For a long time, apart from core members like Zhao Changpeng and He Yi, most of Binance's executives have rarely been active in external communities like Twitter, and little is known about its organizational structure.

U.S. court approves liquidator of hedge fund Three Arrows Capital (3AC) to expand claim against FTX to $1.53 billion

A U.S. bankruptcy court has approved the liquidator of hedge fund Three Arrows Capital (3AC) to expand its claim against FTX to $1.53 billion, rejecting objections from FTX debtors who argued that this move was untimely and unfair.

Trump's crypto project WLFI has completed its public offering, raising a total of $550 million

According to the official website, the Trump family's crypto project World Liberty Financial has completed its entire community public offering financing (previously had an additional round), raising a total of $550 million.

Vermont regulators withdraw inquiry against Coinbase regarding cryptocurrency staking services

Coinbase's Chief Legal Officer Paul Grewal tweeted that the Vermont financial regulators have officially withdrawn their inquiry against Coinbase regarding its cryptocurrency staking services.

According to the formal document released on Monday, this withdrawal decision does not affect potential future legal actions. The document indicates that the main reasons for Vermont's decision to cancel the inquiry include the S.E.C.'s dismissal of similar charges against Coinbase in the Southern District of New York federal court, and the S.E.C.'s establishment of a new working group to formulate regulatory rules related to cryptocurrencies. Coinbase welcomed this decision and called on Congress to pass comprehensive cryptocurrency legislation while encouraging other states to follow Vermont's lead.

0G Foundation releases preliminary token economic model: initial circulation of about 21.32% at TGE, with community rewards accounting for 13%

According to official news, the 0G Foundation has adjusted its preliminary token economic model based on community feedback, with a total supply of 1 billion tokens and an initial circulation of about 21.32% at the token generation event (TGE). The token distribution plan is as follows: 56% for the community (including community rewards of 13%, ecological growth of 28%, and AI alignment nodes of 15%); 22% for the team, contributors, and advisors; and 22% for supporters (investors).

The "community rewards" are specifically used to incentivize active contributors, including participation in social activities, staking, running 0G nodes (storage, DA, etc.), participating in testnet/mainnet activities, owning genesis NFTs, and active participants on Discord. The "ecological growth" focuses on the long-term expansion of the 0G network, including funding and investment for developers, foundational AI research, infrastructure development, liquidity, and marketing.

The team and investor portions will be locked for 12 months, followed by a linear unlock over 36 months. The community rewards will be distributed quarterly over 48 months, and the ecological growth portion will unlock 49% at TGE, while the AI alignment nodes will unlock 33.33% at TGE.

The 0G Foundation stated that the final distribution ratios and lock-up plans may be adjusted based on community feedback.

Zhao Changpeng: Only I can access the X account, there is no PR team, interns, or bots

Binance founder Zhao Changpeng (CZ) responded to user comments, stating, "I currently do not have a PR team. Only I can access this X account. No interns, no bots."

U.S. Congressman plans to submit legislation to ensure strategic Bitcoin reserve policy cannot be revoked by future presidential executive orders

U.S. Congressman Byron Donalds plans to submit legislation to formally enact the executive order signed by the Trump administration this month, aiming to establish a strategic Bitcoin reserve and U.S. digital asset reserves. If passed, this bill will ensure that the policy cannot be revoked by future presidential executive orders. Trump's executive order calls for the Treasury to establish a Bitcoin reserve to hold approximately 200,000 Bitcoins and authorizes the Treasury and Commerce Department to develop "budget-neutral" strategies to purchase more Bitcoins while prohibiting the sale of Bitcoins in the reserve. Additionally, this executive order establishes the Treasury's digital asset reserves for storing existing and future digital assets obtained through criminal or civil asset forfeiture.

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