Huoxun Finance reported on February 18th that Ethereum co-founder Vitalik Buterin stated in an article on the X platform that network-layer anonymity is a crucial component that has long been lacking in the current privacy technology system, and it is of key significance for improving on-chain and off-chain privacy primitives. Current privacy technologies cover on-chain privacy solutions and off-chain zero-knowledge applications, but network-layer anonymity capabilities still have a significant gap. Furthermore, in some application scenarios, bandwidth requirements are low but latency is extremely sensitive; therefore, achieving a balance between low latency and high anonymity will be of great value to the development of related technologies.

Huoxun Finance reported on February 18th that Binance co-founder He Yi reposted an article titled "The Evolution of the Listing Cycle" on the X platform and responded, stating: "From the platform's perspective, the first stage was a chaotic period where many projects failed and left. Binance began restricting investors and project teams to unlock tokens according to milestones or timelines. The second era was the IEO era, because of concentrated liquidity, Binance had more say and could advise project teams to offer low-priced TGE to retail investors, without charging listing fees, a win-win situation. At the same time, the bear market introduced long and short positions and leverage, leading to the 'golden age' that everyone misses. The third era saw AMMs change DEXs, the rise of VCs, and industry KOLs..." With institutional specialization, the actual pricing power of centralized exchanges (CEXs) was diluted, and compliance standards were tightened, leading to the emergence of Airdrop. The fourth era saw players becoming increasingly institutionalized, with platforms evolving from early screening to integrating wallets and allowing trading of any on-chain coin within CEXs. This led to Alpha, intended as a "first-generation egg," a balance between VCs/institutions, project teams, and retail investors. For any emerging industry, it's a process of trial and error; most people lack faith in the industry and therefore "don't look at the long term," just as many don't believe they can cross the river, but only those who believe they can reach the other side.

Token Exchange 【PUNCH】Poloniex

According to Odaily Planet Daily, Monad announced on the X platform that the Monad Foundation has acquired Ponder, an open-source framework for blockchain data indexing. The specific acquisition amount has not yet been disclosed. The entire Ponder team will join the Monad Foundation and will contribute to the protocol, open-source tools, and standards. They will also provide support for applications to leverage Monad's performance and decentralized features.

Odaily Planet Daily reports that Bitwise has submitted an application for a prediction market ETF under the PredictionShares brand. (Cointelegraph)