MasterPang

Arb is Hyperliquid's main bridge. I just looked at it carefully, and there are no issues because it's all native USDC on the Arb chain.

The question is, Arb is Hyperliquid's biggest bridge
An asset security for centralized perp is built on another centralized L2, how to explain this?
It is recommended that Hyper develop a native USDC chain
Note: I have always defined Hyper as an on-chain CEX

Once the circle starts running into all kinds of messed-up stuff—this gets hacked, that turns out to be centralized—this is often where the whole “deep down and bearish” spiral begins. This logic may be because liquidity and hype gradually die off; just like city governance, once a city can no longer attract capital and talent, its vitality falls and all sorts of public-safety/security issues start popping up everywhere.
The circle now can’t even keep up the appearance of prosperity anymore.
Done.

The last wave's sense of déjà vu, don't be greedy
While actively enjoying the celebration, also be able to step back in time

Many people are extremely disappointed with the crypto world, but from a cyclical perspective, the current state of the crypto market is normal. According to regular cycles, it's still very early to be disappointed; there will be more than ten times the disappointment later on. Until no one is disappointed anymore—that is, until there are no more people—CEX active users are only a few thousand.
Isn't this the charm of the crypto world? Enough lows plus enough highs—this high and low cycle creates opportunities. The crypto space always manages to generate new narratives.

The riskiest thing in this market
Low leverage
2x leverage—considered safer—heavy position—trapped and unable to exit—until destruction

Most people who cannot advance to the next level with their funds are basically impatient individuals. A large part of these impatient people are also helpless.
The immediate harsh reality constantly urges them to gamble, to take risks, to make quick money.
This inferior mindset ultimately leads to only one result:
Losing everything, beginning to accept fate, and pursuing the safety and stability of the lowest level (pseudo stability and safety).
In reality, they have completely lost their fighting spirit, and it’s very difficult to revive it.

Talk about the state of the bear market.
For me personally, I actually feel it's better. Checking the crypto market once every few weeks is enough, giving me plenty of time to think and review. Then, when the bottom range for BTC's dollar-cost averaging appears, it's just a matter of waiting.
There’s no excessive anxiety, and I don’t need to write posts every day. Turns out, the bear market is the best state of all. 🤣

Why am I not very interested in AI?
Because the lower the industry practitioners, the better the industry is.
For our crypto circle, AI can only be used as a consumer; it's impossible to participate in value distribution.
What kind of people are AI practitioners? Are we even worthy to sit at the table? It's that simple.
The crypto circle is low, but ordinary people can easily participate in value sharing.

I didn't participate or promote Opinion at the time, for a simple reason: because it was a prediction-based project, which touched my risk threshold.
Regarding the "anti-reward" issue, I express sympathy, but everyone needs to realize the fundamental contradiction in the current market: the airdropped tokens from the project team won't have external liquidity buyers. The moment everyone receives the airdrop, it's a sell-off.
Currently, the airdrop is the biggest pure seller, with the only buyer being the project team.
Understand?

The essence of "撸毛" is an investment game disguised as "false certainty."
You must realize that the core of "撸毛" is investment, and there is no fundamental difference from secondary trading of cryptocurrencies.

Recently, I’ve been feeling a bit strange, constantly dealing with KOLs. Damn, the next one might be targeting me.
But I’m not afraid. I’m scum, I’m openly taking a cut.

The biggest takeaway from this wave of AI for me is that it has saved me a lot of time, liberated everyone's labor, and improved overall efficiency.
When it comes to making money, besides buying US stocks, there aren't many opportunities. I've seen people use OpenClaw for gray-area activities, but it's mostly about improving efficiency based on existing businesses.
Missing out on AI is like missing out on future wealth—it's pure nonsense. The fulcrum is still people; AI is a lever. If your fulcrum is zero, even a large lever won't make a difference.

Research and experience with AI have been great, but I don't know how to make money from it—just spending money.

“Anxious” Embracing AI
Many people think that the earlier they embrace AI, the more likely they are to embrace wealth, but that's completely wrong.
AI's wealth redistribution model has nothing to do with ordinary people; it is highly “polarized.” Ordinary people can only use AI to improve themselves or enhance business efficiency.
We cannot participate in the wealth redistribution movement of the AI industry chain. Either we take over the US stock market, but AI stocks are one wave after another—those with a moat are too expensive, and growth stocks may be replaced at any time.
This is

The stablecoin war is 100 times more brutal than imagined
USD1 has not experienced a substantial de-pegging. Based on current events, it is very likely a malicious attack, especially given the market sentiment of being "a scared bird" at the moment. This has indeed triggered a brief panic, but it is not a systemic risk.
This incident also reveals many underlying issues.
Only those who can withstand the panic cycle can emerge from the stablecoin market. How many times was USDT FUDed back in the day?
If you don’t die, you can become king. USD1 has just passed the first hurdle. This is an excelle