Odaily Daily News

1. Analyst: Variational's $1.5 billion FDV valuation is overly optimistic; under conservative scenarios, it could be only $167 million;

2. SlowMist's Cosine questions THORChain: Decentralization is not just a slogan, and "no right to interfere" should not be the response to industry security incidents;

3. Bitwise: 15 institutions did not reduce their holdings during a market decline of nearly 50%, with some even increasing their positions;

4. Analyst: THORChain processed Bybit stolen funds last year and earned nearly $10 million in fees over 10 days;

5. Variational: The next development focus is the trading API;

6. Trading volume reached $20.9 billion in the past 30 days, with Uniswap handling over 60% of tokenized stock DEX trading;

7. An address has accumulated 9,158 ETH over the past three weeks, worth approximately $24.34 million.