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04:40
Castle Island Ventures Partner: X Sacrifices Access to the Crypto Community, the Battle for Digital Property Rights is Coming
According to Odaily, Castle Island Ventures partner Nic Carter posted on X, stating: "X is currently dominated by the 'For You' algorithm. The platform has made a trade-off between increasing user retention time and maintaining a stable connection between creators and fans, currently prioritizing the former. This has affected creators' ability to consistently reach their existing audience and reduced the predictability for users to reliably receive content from the creators they follow, impacting niche vertical communities (filter bubbles) such as Crypto Twitter. Nic Carter predicts that in the future, there may be discussions and demands centered around 'digital property rights,' focusing on algorithm transparency, creators' rights to reach their followers, and users' rights to receive content from the accounts they follow."
04:34
White House Crypto Committee Head Says Passing Crypto Framework Bill Is Only a Matter of Time
Patrick Witt, head of the White House Crypto Committee, stated on the X platform that the latest draft of the crypto market structure bill released by the U.S. Senate Agriculture Committee is a high-quality bipartisan achievement, with over 80% similarity to the House CLARITY Act text. The draft has received support from the majority of Democrats on the Agriculture Committee and nearly 40% support among House Democrats. Patrick Witt emphasized that, under the regulatory environment shaped by Trump and crypto advocates, the passage of crypto market structure legislation is only a matter of time. If the current window is missed, the future may face a stricter regulatory framework.
04:34
A trader shorted silver with a unrealized loss of over $2 million, with a liquidation price of $112.79.
BlockBeats News, January 23rd, according to HyperInsight monitoring, a trader (0x61cee) went short with 20x leverage on 226,100 xyz:SILVER (pegged to the silver price), with an average entry price of $89.72, currently unrealized loss of $2.026 million, and a liquidation price of $112.79.
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