Odaily News The Ethereum Foundation has issued a document to explain the future development goals of the ecosystem. As stated in the Ethereum Foundation's recent vision statement, there are two main goals: 1. Maximize the number of people who use Ethereum (directly or indirectly) so that they can benefit from the underlying value of Ethereum. 2. Maximize the resilience of Ethereum's technical and social infrastructure. The Ethereum Foundation is creating four new teams to drive the impact of these key adoption channels: 1. Enterprise relations: Tailor clear resources and guidance for enterprises adopting Ethereum. 2. Developer growth: Engage, guide and support the next generation of Ethereum builders. 3. Application relations and research: Accelerate meaningful, user-oriented Ethereum applications. 4. Support project founders: non-financial support, provide feedback, introductions, operational expertise and guidance.

Odaily News Coinbase CEO Brian Armstrong announced on the X platform that the company has partnered with Perplexity to help traders obtain real-time trusted encrypted data information to make better decisions. The first phase has been launched today. Perplexity is currently obtaining Coinbase's market data, including COIN50, and using it to support market analysis. Users can double-click to view price changes and make more informed trading decisions. The second phase is coming soon, which will allow traders to monitor market activity, screen trading ideas and analyze the trends of specific tokens in an artificial intelligence dialogue interface.

Odaily News Former U.S. Vice President Michael Pence said Donald Trump has the right to publicly share his views on Federal Reserve Chairman Jerome Powell and the central bank's interest rate decisions, and he has his own concerns about the relevant policies. "I think the president of the United States has every right to express his views on the chairman of the Federal Reserve and the Federal Reserve itself," Pence said in an interview on Thursday. "I don't really agree that the Federal Reserve should be a completely separate institution, like the College of Cardinals, which cannot be mentioned unless it is respectful and humble," Pence continued. "The president should be able to express his opinions." (Zhitong Finance)

Odaily News The Cardano Foundation released a report revealing that as the price of cryptocurrencies rises, the value of its crypto assets has increased from $478.24 million to $659.1 million. Bitcoin currently accounts for about 15% of its holdings, while ADA's share of its holdings has dropped from 83% to 77%. The Cardano Foundation stated that the main source of income is currently staking rewards. In 2024, the foundation held 599.2 million ADA and received a total of 17.1 million ADA, with a return rate of 2.7%. (CoinDesk)

Odaily News K Wave Media (NASDAQ: KWM) announced that it has signed a $500 million convertible note agreement with Anson Funds, with the first issue of $15 million in senior secured convertible notes and warrants, and at least 80% of the net proceeds will be used to purchase Bitcoin. In addition, K Wave Media has completed the acquisition of the first batch of 88 bitcoins and plans to expand its holdings to 10,000 bitcoins. The company said that this move will not only help strengthen its financial strength, but will also promote the deep integration of its Korean cultural content with the Web3 economy. (GlobeNewswire)

Odaily News Yu Xian, the founder of SlowMist, posted on the X platform that GMX-related fork projects need to pay attention to similar security risks. He said that the fundamental reason why GMX was stolen for $42 million last night was that GMX v1 would immediately update the global short average price (globalShortAveragePrices) when processing short positions, and this global average price would directly affect the calculation of the total asset size (AUM), which would lead to the manipulation of the GLP token price. The attacker took advantage of this design flaw and enabled the timelock.enableLeverage feature (a necessary condition for creating large short orders) when executing orders through Keeper. By re-entering, he successfully created a large short position to manipulate the global average price, so as to artificially raise the GLP price in a single transaction and profit through redemption operations.