Written by: thiigth Wall Street veteran and Oak Tree Capital's Howard Marks recently made a wake-up call. The gist is: if this AI frenzy doesn't end up becoming a classic bubble burst, it will be the only exception in human financial history. But the problem is, most people are looking in the wrong place. We are still debating whether Nvidia's stock price is too high, or who will be the next Cisco. Everyone is obsessively watching every flicker on the K-line chart, trying to find clues of a collapse. However, the real storm is not at the bustling stock exchanges, but in the silent, hidden corner that determines life and death — the credit market. This is not a math problem about Price-to-Earnings (P/E) ratios, but a high-stakes gamble built on massive debt. 01 The Disappearing "Cash Cow" In this story, our biggest mistake

Aave founder denies claims that a large AAVE token purchase aimed to influence a governance vote that failed. Aave DAO members questioned transparency after fee revenue from CoW Swap moved to a wallet linked to Aave Labs. Governance tensions increased after the community rejected the

Aave Labs and the Aave DAO battle over CoW Swap fee flows, with delegates pushing to move all Aave IP, brand and frontend assets under direct tokenholder control. Summary CoW Swap fees on the Aave frontend flowed to an Aave Labs wallet, prompting accusations of "stealth privatization" and an

Author: Chloe, ChainCatcher Recently, the controversy between Aave DAO and Aave Labs has been exposed. The former is responsible for governance protocols, while the latter develops Aave products. The focus of this dispute is the fee issue arising from the recent announcement of deep integration with CoW Swap. An Aave DAO member using the pseudonym EzR3aL pointed out that Aave Labs recently integrated CoW Swap services, originally intended to optimize user trading paths, but on-chain data shows that the fees generated from this integration no longer flow into the DAO, but directly into Labs' private address. At the current rate, approximately $10 million will flow out of the DAO treasury in one year. EzR3aL raised concerns to the community: why was there no prior consultation with the DAO regarding the fees?

Aave Decentralized Autonomous Organization (DAO) and Aave Labs have erupted into a heated conflict over fee distribution issues related to CoW Swap integration. DAO members revealed that the fees generated from using CoW Swap for crypto asset exchanges are flowing into private addresses controlled by Aave Labs, rather than the Aave DAO treasury. This has resulted in a weekly loss of approximately $200,000 worth of Ethereum, amounting to an annual loss of up to $10 million.

A dispute has arisen between Aave DAO and Aave Labs over the routing of integration fees from CoW Swap, with concerns about the lack of consultation and revenue distribution. Aave Labs claims development rights, while DAO members demand fees returned to the treasury.

Aave is facing a heated debate over revenue distribution after concerns arose about fees from the new CoW Swap interface not going to the Aave DAO treasury. Marc Zeller emphasizes potential revenue loss, while founder Stani Kulechov defends Aave Labs' right to earn from their developments.

Dan Houser, co-founder of Rockstar Games, warned that generative AI could pose serious threats to the gaming industry, stating that the industry may fall into a cycle of declining quality due to the proliferation of AI-generated content. At the same time, a survey shows that nearly 90% of game studios are already using AI in their development, and studios adapting to the shift may find survival challenging.

In brief Rockstar Games co-founder Dan Houser warned that AI models scraping AI-generated data could trigger a creative breakdown in games. He warned that training AI on synthetic data would produce models that "mirror themselves" and degrade over time as original human work becomes harder to

Author: Justin Alick Compiled by: ShenChao TechFlow Has the era of easily obtaining cryptocurrency earnings officially ended? A year ago, putting cash into stablecoins felt like finding a cheat code. Generous interest, ( supposedly ) zero risk. Today, this dream has turned to ashes. The yield opportunities of stablecoins in the entire cryptocurrency sector have collapsed, leaving DeFi lenders and yield farmers trapped in a near-zero return wasteland. What happened to that "risk-free" annual percentage yield (APY) golden goose (cash cow)? Who is to blame for the yield farming turning into a ghost town? Let’s dive deep into the "autopsy report" of stablecoin yields; it’s not a pretty sight. The dream of "risk-free" returns is dead. Do you remember those wonderful old days? ( Around 2021 ), various protocols were throwing out USDC and DAI like candy.

According to Mars Finance, Binance's spot data shows that the market has experienced significant fluctuations. COW has risen by 7.54% in 24 hours and reached a new high for today, while COW has slightly increased by 3.28% within 5 minutes. Meanwhile, DASH has fallen by 7.83% in 24 hours, and FUN has decreased by 6.22%, both showing a "high and then a fall" state. KAVA, NMR, and STORJ have all reached new lows for today, with declines of 5%, 6.85%, and 5.09%, respectively. YFI has also reached a new low for the week, with a decline of 5.95%.

Foreword Recently, the industry's enthusiasm has been shifted by the rise of the X402 payment track, as well as the panic of Black Monday, Tuesday, Wednesday, Thursday, and Friday, along with the rotation of the privacy sector in the cow-end legend. This world is truly amazing, and also very noisy. Now whether it's a bear market or not, after all, a common mistake made by smart people is to strive to optimize something that shouldn't exist~ (from Musk). Now, calm down and review the brilliance of past successful products, observe which players in the competition are engaging in ineffective operations, and identify which are the pigs on the windfall. When the wind stops, we can truly see the long-term value of the future. If asked, what are the representative track trends this year? My first choice is Dex. It has been 4 years since the summer of DeFi, and by 2025, there have been several typical products that have firmly established a significant presence in the market, both in terms of concept and volume. The most amazing aspect of this track is that just when you think you have done everything possible and the landscape is set...

According to Mars Finance, the Ethereum Foundation (EF) tweeted that it plans to use CoW's TWAP feature to exchange 1,000 ETH for stablecoins to fund research, grants, and donations.

The Ethereum Foundation (abbreviated as EF) announced today (10/4) that it has converted 1000 ETH (approximately 4.5 million USD) into stablecoin according to its fiscal policy for June 2025. The main purpose of this operation is to ensure that the foundation has sufficient funds to support expenditures such as research and development, community grants, and charitable donations, while maintaining an operational fund reserve for up to 2.5 years. This sale action is conducted based on EF's "regular, counter-cyclical sales policy," meaning that it takes action during relatively high market conditions to protect long-term financial stability. Use CoW

On September 29, BTC first rebounded and broke through $112,000, while ETH's price rose all the way to $4,146; KAI's performance was outstanding, with over $170 million invested in the Kaito Launchpad; FORM and COW rose 23% and 14% respectively, benefiting from strong buying momentum, short positions squeeze, and other factors; Plasma DeFi TVL increased to $5.5 billion, ranking sixth in DeFi deposit value.

You may not realize it, but that bitcoin ATM at your corner store is probably bringing in some serious cash. View Comments

Original: Odaily Odaily Daily ( @OdailyChina ) Author: Wenser (@wenser 2010) Original title: Hyperliquid stablecoin USDH becomes the "darling of the industry", giants start a chaotic battle for distribution rights --- Benefiting from the pre-market, listing, and market fluctuations of XPL and WLFI, Hyperliquid achieved a revenue of $106 million in August, a month-on-month increase of 23%; the monthly contract trading volume approached $400 billion, with the DEX Perp market share accounting for about 70%. As the undisputed "cash cow" in the industry today, the official focus on the "high-performance L1 public chain" concept has also brought unlimited imagination space to the stablecoin landscape of Hyperliquid. On September 5th, Hyperliquid official

Tokens and coins that moved the most in the last 24 hours: 09:00 CET – Morning Pulse: Market Rallies and Consolidates at Highs – Top Movers of the Day CoW Protocol and Toshi: Since midnight CoW Protocol has surged 18.04%, Toshi is 14.91% higher. Overview: The NWSBCT index chart shows a

Original Title: In Q2 Earnings, MSTR Surges, and Coinbase Stumbles. But What's Next? Host: Steven Ehrlich, Chief Writer at Unchained Guest: Lance Vitanza, Managing Director and Head of Equity Research at TD Cowen; Podcast date: August 2, 2025 Compiled & Organized by: Fairy, ChainCatcher Editor's Note: On July 31, Strategy announced its financial results for the second quarter of 2025, with net income reaching a historic high of 10 billion USD and earnings per share of 32.60 USD. In this episode of the dialogue, host Steven Ehrlich talks with TD Cow

The USDC dollar stablecoin is reshaping the global financial system through full reserves and regulatory compliance, becoming a potential prototype for the world's future currency. Its "Programmability" empowers widespread applications and drives the transformation of the digital economy. The "Genius Act" provides a legal framework, while the SVB incident has prompted optimization of Risk Management, and USDC is expected to play a greater role in payments and Financial Service in the future.

The Solana ecosystem Meme coin launch platform LetsBonk has announced a revolutionary commitment: to permanently allocate 1% of the platform's total revenue for weekly repurchases of top tokens within the BONK ecosystem. This move aims to build a value feedback loop, reinvesting platform profits into ecological liquidity. Accompanying this announcement, LetsBonk's daily transaction fee revenue soared to $1.99 million, surpassing competitor Pumpfun to become the new "cash cow" in the Meme coin sector. Its revenue is primarily derived from gamified experiences (mini-games, raffles, community activities), providing a new paradigm for exploring sustainable cash flow in the Meme track. However, the market questions whether it can shake off the short-term speculation label of meme coins and replicate the long-term ecological value of SHIB.

Deng Tong, Jinsuo Finance Cow returns, hurry back! In just one night, the cryptocurrency market saw a significant rebound, with Bitcoin rising again to over $100,000, peaking above $103,000, and Ethereum even achieving a gain of over 20%. The outlook for the crypto market is very positive. As of the time of writing, BTC is up 4.7%, priced at $102,804. Additionally, many other mainstream coins have also achieved double-digit gains. What favorable factors are driving the rapid recovery of the cryptocurrency market? How much can this round of market increase? 1. Multiple states in the United States may start a cryptocurrency reserve race. On May 6, the Governor of New Hampshire, Ayotte, announced on social media that New Hampshire will allow the state to "invest in cryptocurrencies and precious metals" through a bill passed by the state Senate and House of Representatives. House Bill 302 was introduced in New Hampshire this January, which will allow the state's treasury department to use funds to invest.

Key Points New stablecoin legislation puts Visa's dominance at risk. Stablecoins have a long way to go before replicating the card-network ecosystem. Visa stock is down but it doesn't look cheap today. 10 stocks we like better than Visa › Cryptocurrency is threatening Visa's (NYSE: V)

Written by: Oliver, Mars Finance On June 19, 2025, when Ethereum's figurehead Vitalik Buterin replaced the original oil barrel icon representing "digital oil" on social media with a cartoon image of a "cow," it was not a random doodle. This seemingly small act was more like a carefully planned value declaration, a profound reshaping of the logic behind the Ethereum bull market. It suggests that, with the spot ETF already rolling out the red carpet for Wall Street, the story of Ethereum is transcending the somewhat outdated metaphor of "fuel for the digital world," evolving into a grander, more stable, and more complex value paradigm. What Buterin forwarded and "edited" was a discussion about the three core values of Ethereum - "digital oil," "store of value," and "global reserve asset." These three concepts are already well-known in the community.

Deng Tong, Golden Finance Cow back, return quickly! Overnight, the cryptocurrency market saw a significant rebound, with Bitcoin rising again to over $100,000, peaking at over $103,000, and Ethereum even achieving an increase of more than 20%. The outlook for the cryptocurrency market is very positive. As of the time of writing, BTC has increased by 4.7%, reported at $102,804. Moreover, several other major coins have also achieved double-digit gains. What factors are driving the rapid recovery of the cryptocurrency market? How much can this round of market increase? 1. The United States and the United Kingdom have reached a trade agreement. The United States and the United Kingdom announced a trade agreement on May 8 (Thursday), which is the first formal trade agreement reached by U.S. President Trump since initiating the global reciprocal tariff policy. Trump described the agreement as a "historic breakthrough," while UK Prime Minister Starmer stated that the consensus reached on the anniversary of World War II victory is a "historic day." According to Trump

On April 23, as Trump announced a drop in tariffs on China, this news reignited market sentiment. Investor confidence in risk assets has quickly rebounded, with BTC rising quietly by 7%, bringing the price back to 94,000 USD. Everything seems to have returned again after a night. BTC is one step closer to breaking the historical high of 100,000 USD since the beginning of the year, and Twitter is filled with expectations for a new bull market. Traders in the secondary market are busy chasing gains and cutting losses, as the market seems to have returned to the frenzied spring of 2021. However, this return of emotions does not belong to everyone. It is lively for them, while the tier-one investors may be facing signs of a bull return, remaining silent. The cow died due to locking up. The news of BTC returning to 94,000 dollars has caused second-tier market investors to cheer with joy, but for first-tier market investors, this carnival feels like a

Written by: ShenChao TechFlow On April 23, as Trump announced a reduction in tariffs on China, this news reignited market sentiment. Investor confidence in risk assets has rapidly rebounded, with BTC quietly rising by 7%, bringing the price back to $94,000. Everything seems to have returned again in one night. BTC is one step closer to breaking the historical high of 100,000 USD since the beginning of the year. Twitter is filled with expectations for a new bull market, and traders in the secondary market are busy chasing prices and making quick trades, as the market seems to have returned to the frenzied spring of 2021. However, this return of emotions does not belong to everyone. It is lively for them, while first-level investors may be facing signs of a bull comeback, remaining silent. The cow returns to die in the lockup. The news of BTC returning to 94,000 USD has left secondary market investors cheering, but for the primary market

Cow DAO, a DeFi platform on Ethereum, hits $1B in TWAP orders, crucial for minimizing market impact. The platform's focus on MEV protection and cost reduction have attracted both retail and institutional users, solidifying its position in the growing DeFi landscape.

gate Research Institute Daily: On February 28, the BTC price fell by 6.31% to 80,270.7 USDT, and the ETHereum price fell by 9.78% to 2,106 USDT. Influenced by the HackerMoney Laundering incident, THORChain volume surged to $860 million. CoW Swap's market share soared to 26%, challenging the leading position of the 1inch DEX aggregator. Bybit Hacker whitewashes 50% of the stolen ETH through THORChain. MetaMask released a new roadmap, supporting BTC and Solana, and introducing smart contract accounts. Jupiter collaborates with Bubblemaps to enhance transparency and reshape the Decentralized Finance ecosystem. The number of active Addresses on the Solana network dropped to 3.28 million.

Cow DAO has submitted CIP-61, aimed at improving price splitting, revenue sharing, and fee structure, while retaining the option to introduce new strategies. This proposal will take effect on February 1, 2025, and is expected to introduce Money Laundering as a source of income for CoW DAO partners.

CoW Protocol shows signs of breaking out from a triangle pattern between $0.60-$0.69, with a 48% price swing possible. A bullish move above $0.69 could see prices hit $1.00, while dropping below $0.60 could mean a drop to $0.50. Declining trade volume suggests imminent price action, making this a key moment for market traders.

The World Liberty Finance, a financial company linked to the Trump family, has made new crypto purchases through Cow Protocol. At the time of writing, the wallet holds the equivalent of over 355 million dollars Trump and the new crypto purchases by World Liberty Finance through Cow Protocol In

Decentralized Finance protocol World Liberty Financial, supported by Trump, is converting stablecoins to ETH native token ETH, as well as other on-chain tokens. Currently, it has sent over $10 million USDC to low-cost Decentralization exchange CoW Swap, involving 17 transactions of approximately $4.7 million USDT, and plans to purchase more ETH. In addition, the team is opening token purchases to qualified US investors and non-US citizens, potentially bringing in an additional $250 million to the project. The project holds various digital assets worth over $350 million.

Aave offers dynamic lending and borrowing protocols; Hedera's technology is scalable and efficient; SushiSwap and CoW Protocol offer cost-effective and innovative decentralized trading solutions. These crypto tokens could see significant growth as the market becomes active, and digital assets become more popular.

CowSwap has recently surged in the field of Decentralized Finance, driven not only by the Decentralized Finance project of the Trump team, but also by the underestimated Gnosis incubator in the Ethereum ecosystem. (Background: Is there any room for the Biden administration to turn the tide on the Decentralized Finance industry?) CowSwap is the hottest Decentralized Finance coin recently, and it is also one of Vitalik's favorite DEXs. It is also an on-chain platform dedicated to large-scale transactions, and even the official DEX used by the Dang King team. What many people don't know is that CowSwap hides a top-rated incubator in the Ethereum faction that is underrated.

World Liberty Financial, a DeFi lending and borrowing platform, has added more crypto assets to its holdings. According to Arkham Intelligence, Trump’s crypto venture bought 134,216 ONDO tokens worth about 250,000 USDC through the Cow Protocol. President-elect Donald Trump’s DeFi platform, World

The market shows that COW has broken through $1 and is now priced at $0.9777, with a 24-hour increase of 52.5%. The market has a large fluctuation, please be cautious in risk control. BTC

Ethereum prices have fallen by more than 4% over the past day due to significant selling pressure. According to crypto analytics firm Arkham Intelligence, the Ethereum Foundation, a nonprofit dedicated to the Blockchain network ecosystem, dumped $1.6 million worth of ETH. Data from the platform shows that the foundation sold 700 ETH using the CoW protocol for $1.6 million in DAI Stable Coin. Subsequently, the funds were transferred to Address "0x9ee... 313D", the Address is identified by Etherscan as a funding provider. The deal could happen when ETH was valued at around $2,400, very similar to the previous one on January 16. In that transaction, the Foundation exchanged 100 ETH for:

The Ethereum Foundation, which was established in Switzerland in 2014 to support the Ethereum ecosystem, has sold 700 Ether ($1.6 million). The sale is based on the foundation's address, "0xd7... c1f4" via Cow Protcol. While the time of sale is between 11.54 and 12.05 CET, the ETH sold

> CoW Swap uses the MEV minimization method instead of the MEV maximization method. Guest: Anna (@AnnaMSGeorge) Host: Stephanie (@stephaniiee\_eth) If you are interested in DeFi and MEV, you may have heard of intent-based trading, frequent batch auctions, solver models, order flow auctions, OFAs), etc., CoW Swap can be said to be a model of the above innovations, organically integrating them into DEX products,

The sound of the cow is faintly audible, what are the wealth codes for the past two months and the next month?

Hello, this is Brother Time The previous article talked about how to lay out the hundredfold password in the bull market, so let's analyze whether a BTC that everyone cares about can break through the 40,000 mark. BTC contract open interest has come to the level of March 2022, and the lowest point in March 2022 is the price of 37550, which means that the amount of funds in the current market has returned to the level of March 22, that is, this month BTC all the way from the price of 37550 all the way to the price of 48000 Since 2020, most people have held BTC chips at the price of 20,000, and the Federal Reserve's interest rate cut action coincides with the halving in April BTC2023, and the price of BTC will only get higher and higher on a weekly basis. Day...

GitHub CEO Thomas Domke revealed in an interview with the media that Copilot has "become a money-making tool."

Compiled by Carl by Techub News-Sean The market flickered on and off, is it a quick return of the cow, or a violent disassembly? On October 24, many people got up and were stunned by the rise in bitcoin, the last time a fake news on Cointelegraph caused a 10% surge is still vivid, this time it directly pulled more than 15% of the price, the price exceeded $35,000, the first time since entering the bear market. However, how far is the bull market? Is the bull market coming? This is the confusion of many people. | 71% are bullish On October 24, according to media reports, BlackRock's Bitcoin spot ETF was listed at the American Securities Depository Clearing Corporation (DTCC) under the ticker symbol IBTC, which is part of the listing of the Bitcoin spot ETF. Separately, a U.S. court has formally ruled that the SEC needs to reconsider converting grayscale GBTC into a Bitcoin spot ETF...