[{"data":1,"prerenderedAt":366},["ShallowReactive",2],{"$fgukOamtKU1RtUiMFsqdObttmqPPQz0uc7bl_gj_LyX0":3,"$fQYsk_Z5R2yhoSzCermJx9Ra76Fnyzt6WxZ1j25oI8GE":245,"article-353":365},{"code":4,"msg":5,"data":6},0,"",{"category":7,"tag":11,"popular":19,"latest":86,"banner":126,"list":151,"cache":244},[8,9,10],"Agent","OpenAI","LLM",[8,12,13,14,9,10,15,16,17,18],"Google","Nvidia","Claude","DeepSeek","OCR","Chat","Generator",[20,29,37,45,54,62,70,79],{"id":21,"publish_date":22,"is_original":23,"collection":5,"cover_url":24,"cover_url_1_1":25,"title":26,"summary":27,"author":28},411,"2023-09-10",1,"article_res/cover/451ef50c225a8dc61c4336506794d13b.jpeg","article_res/cover/3ba9dc7a72f87d40b20fc2d225289ee3.jpeg","Idealism","Reality is created by the mind, we can change our reality by changing our mind. - Plato","Renee's Entrepreneurial Journey",{"id":30,"publish_date":31,"is_original":23,"collection":32,"cover_url":33,"cover_url_1_1":34,"title":35,"summary":36,"author":28},108,"2024-12-07","#LLM #AGI #AI Agent","article_res/cover/0039044422e4ec9f61c18e8ee1693bb0.jpeg","article_res/cover/4220971b108a91d21407d87bb02fbaa6.jpeg","Freysa.ai: The World's First Adversarial AI Agent Game","说服 Freysa 把钱包里的钱都拿出来",{"id":38,"publish_date":39,"is_original":23,"collection":40,"cover_url":41,"cover_url_1_1":42,"title":43,"summary":44,"author":28},12,"2025-03-09","#Oxford #Reasoning #LLM #Tool Use","article_res/cover/d448e9b3617a0b5302e1bd10c438bca9.jpeg","article_res/cover/864a468f9cc4c9317efadb3811909888.jpeg","Agentic Reasoning Framework - Significantly enhance the reasoning ability of LLMs through the integration of external tools using agents","Agentic Reasoning: Reasoning LLMs with Tools for Deep Research",{"id":46,"publish_date":47,"is_original":4,"collection":48,"cover_url":49,"cover_url_1_1":50,"title":51,"summary":52,"author":53},480,"2023-04-14","#Stable Diffusion","article_res/cover/0bdbe7cb1de4a78e54536e5d9afa7ec9.jpeg","article_res/cover/b3d6ffec0608dcfaf18c5a69906d1490.jpeg","【AIGC Learning】Generate Prompts Using Word Graphs - Stable Diffusion Web UI Series 13","AI will become a powerful tool in education, transforming the way we learn and deliver instruction.  \n- Reid Hoffman","--",{"id":55,"publish_date":56,"is_original":4,"collection":57,"cover_url":58,"cover_url_1_1":59,"title":60,"summary":61,"author":28},413,"2023-09-08","#Neuroscience","article_res/cover/74f8302d78a23d9430f22171eae136b6.jpeg","article_res/cover/87ca08af81bb304746be5261160964c0.jpeg","Can machines be conscious?","Do we have an ethical obligation to not turn off conscious machines? Would turning them off be murder? No. I don't lose any sleep over unplugging a conscious machine.\n- Jeff Hawkins, \"A Thousand Brains\"",{"id":63,"publish_date":64,"is_original":23,"collection":65,"cover_url":66,"cover_url_1_1":67,"title":68,"summary":69,"author":28},178,"2024-09-09","#Entrepreneurship","article_res/cover/a7224f025b55d1820408085faef63079.jpeg","article_res/cover/11a9995b096cbf64465ef01b8673b154.jpeg","37signals company","This damn sense of relaxation",{"id":71,"publish_date":72,"is_original":4,"collection":73,"cover_url":74,"cover_url_1_1":75,"title":76,"summary":77,"author":78},460,"2023-05-12","#Google","article_res/cover/b970687b12faa52da976f91248c2aa7b.jpeg","article_res/cover/d1e71b52cfd2c63bc6e71f3e85ff135c.jpeg","Learn what BRC-20 and Ordinals are using Google Bard","Ordinals - a new protocol that allows users to store arbitrary data on the Bitcoin blockchain","Google Bard mainly writes",{"id":80,"publish_date":81,"is_original":23,"collection":5,"cover_url":82,"cover_url_1_1":83,"title":84,"summary":85,"author":28},309,"2024-03-26","article_res/cover/9877f95894ee88532d0e6012c23a2df3.jpeg","article_res/cover/20092164ddc109ce6ae56b1984246751.jpeg","Learning the Cancun Upgrade with lepton and perplexity","Building a quick conversation-based search demo with Lepton AI.",[87,95,103,111,119],{"id":88,"publish_date":89,"is_original":23,"collection":90,"cover_url":91,"cover_url_1_1":92,"title":93,"summary":94,"author":28},627,"2025-03-20","#AI Avatar #AI Video Generation","article_res/cover/d95481358f73924989f8c4ee9c75d1c8.jpeg","article_res/cover/b74bc0fab01f8b6a6aa87696c0c3ed8b.jpeg","DisPose: Generating Animated Videos by Driving Video with Reference Images","DisPose is a controllable human image animation method that enhances video generation.",{"id":96,"publish_date":97,"is_original":23,"collection":98,"cover_url":99,"cover_url_1_1":100,"title":101,"summary":102,"author":28},626,"2025-03-21","#Deep Dive into LLMs #LLM #RL #Andrej Karpathy #AlphaGo","article_res/cover/446553a5c8f8f2f07d97b20eaee84e56.jpeg","article_res/cover/e6c2823409c9b34624064b9acbaca6f1.jpeg","AlphaGo and the Power of Reinforcement Learning - Andrej Karpathy's Deep Dive on LLMs (Part 9)","Simply learning from humans will never surpass human capabilities.",{"id":104,"publish_date":105,"is_original":23,"collection":106,"cover_url":107,"cover_url_1_1":108,"title":109,"summary":110,"author":28},625,"2025-03-22","#Deep Dive into LLMs #LLM #RL #RLHF #Andrej Karpathy","article_res/cover/8da81d38b1e5cf558a164710fd8a5389.jpeg","article_res/cover/96f028d76c362a99a0dd56389e8f7a9b.jpeg","Reinforcement Learning from Human Feedback (RLHF) - Andrej Karpathy's Deep Dive on LLMs (Part 10)","Fine-Tuning Language Models from Human Preferences",{"id":112,"publish_date":113,"is_original":23,"collection":114,"cover_url":115,"cover_url_1_1":116,"title":117,"summary":118,"author":28},624,"2025-03-23","#Deep Dive into LLMs #LLM #Andrej Karpathy #AI Agent #MMM","article_res/cover/a5e7c3d48bb09109684d6513287c661d.jpeg","article_res/cover/d3f22b7c0ab8d82fd2da457a299e0773.jpeg","The Future of Large Language Models - Andrej Karpathy's In-Depth Explanation of LLM (Part 11)","preview of things to come",{"id":120,"publish_date":113,"is_original":23,"collection":121,"cover_url":122,"cover_url_1_1":123,"title":124,"summary":125,"author":28},623,"#Google #Voe #AI Video Generation","article_res/cover/c44062fea0f336c2b96b3928292392c2.jpeg","article_res/cover/a041041c69092ad3db191c5bf3ff981b.jpeg","Trial of Google's video generation model VOE2","Our state-of-the-art video generation model",[127,135,143],{"id":128,"publish_date":129,"is_original":23,"collection":130,"cover_url":131,"cover_url_1_1":132,"title":133,"summary":134,"author":28},300,"2024-04-16","#AI in Science #AGI","article_res/cover/6bf01e793e0f33e848572412eebdf9b0.jpeg","article_res/cover/91a5ee21dafecb914fabeb9430d46ec1.jpeg","Would Einstein lose his job - AI and Quantum Computing: A Glimpse into the Near Future","So Einstein's job is still safe.",{"id":136,"publish_date":137,"is_original":23,"collection":138,"cover_url":139,"cover_url_1_1":140,"title":141,"summary":142,"author":28},101,"2024-12-14","#Nvidia #AI 3D Generator","article_res/cover/693e07c85980c5c0c8fde3f037733f23.jpeg","article_res/cover/9ea8edff2d5d303ff3fffff3f6f9c3d9.jpeg","NVIDIA's open-source 3D project LLaMA-Mesh","LLaMA-Mesh: Unifying 3D Mesh Generation with Language Models",{"id":144,"publish_date":145,"is_original":23,"collection":146,"cover_url":147,"cover_url_1_1":148,"title":149,"summary":150,"author":28},131,"2024-11-10","#OpenAI","article_res/cover/87f8ed353ce39f31960e7cdfaf075a35.jpeg","article_res/cover/f597a63935f5cd32e484b4aadd6019e8.jpeg","ChatGPT has launched the Search function","Get fast, timely answers with links to relevant web sources.",{"big":152,"small":214},[153,181],{"title":154,"list":155},"AGENT",[156,157,165,173],{"id":112,"publish_date":113,"is_original":23,"collection":114,"cover_url":115,"cover_url_1_1":116,"title":117,"summary":118,"author":28},{"id":158,"publish_date":159,"is_original":23,"collection":160,"cover_url":161,"cover_url_1_1":162,"title":163,"summary":164,"author":28},622,"2025-03-24","#OWL #AI Agent #MAS #MCP #CUA","article_res/cover/cb50ca7f2bf4d1ed50202d7406e1c19a.jpeg","article_res/cover/4aa7aa3badfacf3cc84121334f1050dd.jpeg","OWL: Multi-agent collaboration","OWL: Optimized Workforce Learning for General Multi-Agent Assistance in Real-World Task Automation",{"id":166,"publish_date":167,"is_original":23,"collection":168,"cover_url":169,"cover_url_1_1":170,"title":171,"summary":172,"author":28},620,"2025-03-26","#LLM #Google #Gemini #AI Agent","article_res/cover/53751a6dbbe990b1eb0b63f3b062aed4.jpeg","article_res/cover/031344981f0a212ff82d1f3a64aa5756.jpeg","Gemini 2.5 Pro, claimed to be far ahead of the competition, has been released with great fanfare: comprehensively surpassing other LLMs and topping the global rankings","Gemini 2.5: Our most intelligent AI model",{"id":174,"publish_date":175,"is_original":23,"collection":176,"cover_url":177,"cover_url_1_1":178,"title":179,"summary":180,"author":28},616,"2025-03-29","#MAS #AI Agent #AI Coder #MetaGPT #MGX","article_res/cover/9dcd702ad2035902e5e77967c34a1f1e.jpeg","article_res/cover/0a97fc4a922753c8f46ff38792020df8.jpeg","MGX - An automated website-building platform composed of multiple AI Agents","Your 24/7 AI Team | Dream, Chat, Create.",{"title":182,"list":183},"OPENAI",[184,191,199,206],{"id":185,"publish_date":167,"is_original":23,"collection":186,"cover_url":187,"cover_url_1_1":188,"title":189,"summary":190,"author":28},619,"#OpenAI #AI Image Generator #4o #MMM #AR Transformer","article_res/cover/2faffc97fcecf3151552cb0fd3206d89.jpeg","article_res/cover/1133cb4948af44cee2e7fbe79efb69e5.jpeg","The native image function of GPT-4o is officially launched","Introducing 4o Image Generation",{"id":192,"publish_date":193,"is_original":4,"collection":194,"cover_url":195,"cover_url_1_1":196,"title":197,"summary":198,"author":28},434,"2023-07-15","#Anthropic #OpenAI #Google #AI Code Generator #Claude","article_res/cover/e1b6f600a2b9f262a4392684e5f2ce25.jpeg","article_res/cover/6e1772e83f78f9a351ab23d3e414adee.jpeg","Latest Updates on Google Bard /Anthropic Claude2 / ChatGPT Code Interpreter","We want our models to use their programming skills to provide more natural interfaces to the basic functions of our computers.  \n - OpenAI",{"id":200,"publish_date":201,"is_original":4,"collection":146,"cover_url":202,"cover_url_1_1":203,"title":204,"summary":205,"author":28},417,"2023-08-24","article_res/cover/bccf897d50a88b18364e35f7466387e0.jpeg","article_res/cover/2f871085c1073717c1703ae86e18056f.jpeg","The GPT-3.5 Turbo fine-tuning (fine-tuning function) has been released～","Developers can now bring their own data to customize GPT-3.5 Turbo for their use cases.",{"id":207,"publish_date":208,"is_original":4,"collection":209,"cover_url":210,"cover_url_1_1":211,"title":212,"summary":213,"author":28},407,"2023-09-22","#OpenAI #AI Image Generator","article_res/cover/c59005e903d35cfc32346e2756e2728a.jpeg","article_res/cover/ba011d265e6d84b5c8cb6fd6b757b6cc.jpeg","Dall-E 3","DALL·E 3 understands significantly more nuance and detail, allowing you to easily translate your ideas into images.",[215,221,241],{"title":10,"list":216},[217,218,219,220],{"id":96,"publish_date":97,"is_original":23,"collection":98,"cover_url":99,"cover_url_1_1":100,"title":101,"summary":102,"author":28},{"id":104,"publish_date":105,"is_original":23,"collection":106,"cover_url":107,"cover_url_1_1":108,"title":109,"summary":110,"author":28},{"id":112,"publish_date":113,"is_original":23,"collection":114,"cover_url":115,"cover_url_1_1":116,"title":117,"summary":118,"author":28},{"id":166,"publish_date":167,"is_original":23,"collection":168,"cover_url":169,"cover_url_1_1":170,"title":171,"summary":172,"author":28},{"title":222,"list":223},"GOOGLE",[224,225,226,234],{"id":120,"publish_date":113,"is_original":23,"collection":121,"cover_url":122,"cover_url_1_1":123,"title":124,"summary":125,"author":28},{"id":166,"publish_date":167,"is_original":23,"collection":168,"cover_url":169,"cover_url_1_1":170,"title":171,"summary":172,"author":28},{"id":227,"publish_date":228,"is_original":23,"collection":229,"cover_url":230,"cover_url_1_1":231,"title":232,"summary":233,"author":28},615,"2025-03-30","#AI Researcher #AI Science #HKU #Google #AI Agent","article_res/cover/21fadf906067714bb0db31ae13a77c15.jpeg","article_res/cover/2697999a72bd26b22e85f0e92936d3ed.jpeg","AI-Researcher: LLM-driven全自动 scientific research assistant","AI-Researcher: Fully-Automated Scientific Discovery with LLM Agents  \nOpen-Sourced Alternative to Google AI Co-Scientist",{"id":235,"publish_date":236,"is_original":23,"collection":73,"cover_url":237,"cover_url_1_1":238,"title":239,"summary":240,"author":28},463,"2023-05-09","article_res/cover/89800f207723acdb55fc53bf999ebdc9.jpeg","article_res/cover/5764f369b4accd8f83e94aa4c077a175.jpeg","The Smallville sandbox world - A town with 25 virtual residents","Believable proxies of human behavior can empower interactive apps: Immersive environment, Rehearsal space, Prototyping tool",{"title":242,"list":243},"NVIDIA",[],true,{"code":4,"msg":5,"data":246},{"id":247,"publish_date":248,"is_original":23,"collection":5,"articles_id":249,"cover_url":250,"cover_url_1_1":251,"title":252,"summary":253,"author":28,"content":254,"popular":255,"list":305,"category":363,"tag":364},353,"2024-01-02","117DllYdWpkBJUwtfK_Eiw","article_res/cover/9cb53afd26dd46875f78c274da22a66b.jpeg","article_res/cover/2b24c07565883e24ad9f59c9576a74ea.jpeg","\"CRYPTO THESES 2024\" on U.S. Policy and Regulations","Crypto is political now. (Always has been.)","\u003Cdiv class=\"rich_media_content js_underline_content\n                       autoTypeSetting24psection\n            \" id=\"js_content\">\u003Cp data-tool=\"mdnice编辑器\" style='margin-bottom: 0px;padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: 26px;'>Next, we will summarize \"Messari CRYPTO THESES 2024.\" The previous sections include:\u003C/p>\u003Col data-tool=\"mdnice编辑器\" class=\"list-paddingleft-1\" style='margin-top: 8px;margin-bottom: 8px;padding-left: 25px;width: 557.438px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;'>\u003Cli>\u003Csection style=\"margin-top: 5px;margin-bottom: 5px;line-height: 26px;color: rgb(1, 1, 1);\">\u003Ca target=\"_blank\" href=\"https://mp.weixin.qq.com/s?__biz=MzkwOTMzMzk0MQ==&amp;mid=2247486724&amp;idx=1&amp;sn=e3e0c6ff0c6a8cfb36795ab74a307d5e&amp;chksm=c13d09def64a80c82b5da19e250daea8553d87731117c5b78299a586c18188bbd0cb4d7d5623&amp;scene=21#wechat_redirect\" textvalue=\"《CRYPTO THESES 2024》之“关键趋势”\" linktype=\"text\" imgurl=\"\" imgdata=\"null\" data-itemshowtype=\"0\" tab=\"innerlink\" data-linktype=\"2\">\"Key Trends\" in CRYPTO THESES 2024\u003C/a>\u003Cbr>\u003C/section>\u003C/li>\u003Cli>\u003Csection style=\"margin-top: 5px;margin-bottom: 5px;line-height: 26px;color: rgb(1, 1, 1);\">\u003Ca target=\"_blank\" href=\"https://mp.weixin.qq.com/s?__biz=MzkwOTMzMzk0MQ==&amp;mid=2247486738&amp;idx=1&amp;sn=0b22d5cf87ff5f992b13567c84a1027d&amp;chksm=c13d09c8f64a80de47250b0f18cfd6b4d9a526ec418edc054e2be0df9e412f5d935894465435&amp;scene=21#wechat_redirect\" textvalue=\"《CRYPTO THESES 2024》名人堂\" linktype=\"text\" imgurl=\"\" imgdata=\"null\" data-itemshowtype=\"0\" tab=\"innerlink\" data-linktype=\"2\">The Hall of Fame in CRYPTO THESES 2024\u003C/a>\u003Cbr>\u003C/section>\u003C/li>\u003Cli>\u003Csection style=\"margin-top: 5px;margin-bottom: 5px;line-height: 26px;color: rgb(1, 1, 1);\">\u003Ca target=\"_blank\" href=\"https://mp.weixin.qq.com/s?__biz=MzkwOTMzMzk0MQ==&amp;mid=2247486752&amp;idx=1&amp;sn=34121c6092c400ac390e27fef91c9e1c&amp;chksm=c13d09faf64a80eced01a58418303c05a4ebfbd18fbac7bb57a271cd396aa159af19719f9395&amp;scene=21#wechat_redirect\" textvalue=\"《CRYPTO THESES 2024》十大产品：引领行业的前沿技术\" linktype=\"text\" imgurl=\"\" imgdata=\"null\" data-itemshowtype=\"0\" tab=\"innerlink\" data-linktype=\"2\">Top Ten Products in CRYPTO THESES 2024: Leading the Industry with Cutting-Edge Technology\u003C/a>\u003Cbr>\u003C/section>\u003C/li>\u003Cli>\u003Csection style=\"margin-top: 5px;margin-bottom: 5px;line-height: 26px;color: rgb(1, 1, 1);\">\u003Ca target=\"_blank\" href=\"https://mp.weixin.qq.com/s?__biz=MzkwOTMzMzk0MQ==&amp;mid=2247486809&amp;idx=1&amp;sn=8c41f96fffa76901f9e60d73673e9a49&amp;chksm=c13d0983f64a8095ea54c12c96ddc0d773a7170260e7c8b4c63997ef2afe112b6d21c2476b3c&amp;scene=21#wechat_redirect\" textvalue=\"《CRYPTO THESES 2024》之 Crypto Monies\" linktype=\"text\" imgurl=\"\" imgdata=\"null\" data-itemshowtype=\"0\" tab=\"innerlink\" data-linktype=\"2\">Crypto Monies in CRYPTO THESES 2024\u003C/a>\u003Cbr>\u003C/section>\u003Csection style=\"margin-top: 5px;margin-bottom: 5px;line-height: 26px;color: rgb(1, 1, 1);\">\u003Cbr>\u003C/section>\u003C/li>\u003C/ol>\u003Cp data-tool=\"mdnice编辑器\" style='margin-bottom: 0px;padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: 26px;'>Today, I'll discuss the U.S. policies and regulations on Crypto. This section is a bit challenging for me because I'm not very familiar with U.S. government institutions and the legal system. Therefore, it seems a bit confusing to read.\u003C/p>\u003Cp style=\"text-align: center;\">\u003Cimg class=\"rich_pages wxw-img\" data-galleryid=\"\" data-imgfileid=\"100003176\" data-ratio=\"0.7474916387959866\" data-s=\"300,640\" data-type=\"png\" data-w=\"598\" style=\"\" src=\"./assets/17423811948160.9511733747607802.png\">\u003C/p>\u003Ch2 data-tool=\"mdnice编辑器\" style='margin-top: 30px;margin-bottom: 15px;font-weight: bold;font-size: 22px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;letter-spacing: normal;text-align: left;text-wrap: wrap;'>1. Politics is downstream of culture.\u003C/h2>\u003Cp data-tool=\"mdnice编辑器\" style='margin-bottom: 0px;padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: 26px;'>After the SBF incident, we face four challenges:\u003C/p>\u003Col data-tool=\"mdnice编辑器\" class=\"list-paddingleft-1\" style='margin-top: 8px;margin-bottom: 8px;padding-left: 25px;width: 557.438px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;'>\u003Cli>\u003Csection style=\"margin-top: 5px;margin-bottom: 5px;line-height: 26px;color: rgb(1, 1, 1);\">Bear Market Blues;\u003C/section>\u003C/li>\u003Cli>\u003Csection style=\"margin-top: 5px;margin-bottom: 5px;line-height: 26px;color: rgb(1, 1, 1);\">National Security;\u003C/section>\u003C/li>\u003Cli>\u003Csection style=\"margin-top: 5px;margin-bottom: 5px;line-height: 26px;color: rgb(1, 1, 1);\">Our Size is Not Size;\u003C/section>\u003C/li>\u003Cli>\u003Csection style=\"margin-top: 5px;margin-bottom: 5px;line-height: 26px;color: rgb(1, 1, 1);\">Pitching the Gerontocracy and the NoCoiners.\u003C/section>\u003C/li>\u003C/ol>\u003Cp data-tool=\"mdnice编辑器\" style='margin-bottom: 0px;padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: 26px;'>Although Congress can use emerging AI tools like ChatGPT, they typically cannot or are unwilling to own cryptocurrencies due to potential conflicts of interest.\u003C/p>\u003Cp data-tool=\"mdnice编辑器\" style='margin-bottom: 0px;padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: 26px;'>Of course, along with the challenges, there are also opportunities:\u003C/p>\u003Col data-tool=\"mdnice编辑器\" class=\"list-paddingleft-1\" style='margin-top: 8px;margin-bottom: 8px;padding-left: 25px;width: 557.438px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;'>\u003Cli>\u003Csection style=\"margin-top: 5px;margin-bottom: 5px;line-height: 26px;color: rgb(1, 1, 1);\">Distrust in the Bureaucracy: At least one party (the Republican Party) believes that many of our institutions in Washington, D.C., have been weaponized for political purposes.\u003C/section>\u003C/li>\u003Cli>\u003Csection style=\"margin-top: 5px;margin-bottom: 5px;line-height: 26px;color: rgb(1, 1, 1);\">The Constitution and the Courts: Cryptocurrency has the potential to protect civil liberties, which resonates with some members of the Republican Party in Congress.\u003C/section>\u003C/li>\u003Cli>\u003Csection style=\"margin-top: 5px;margin-bottom: 5px;line-height: 26px;color: rgb(1, 1, 1);\">The Return of the Bull: When both individual investors and institutions (especially traditional financial institutions, TradFi) are making profits, it will be more difficult to politically attack cryptocurrency.\u003C/section>\u003C/li>\u003C/ol>\u003Ch2 data-tool=\"mdnice编辑器\" style='margin-top: 30px;margin-bottom: 15px;font-weight: bold;font-size: 22px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;letter-spacing: normal;text-align: left;text-wrap: wrap;'>2. How to Turn a Cryptocurrency Bill into Law\u003C/h2>\u003Cp data-tool=\"mdnice编辑器\" style='margin-bottom: 0px;padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: 26px;'>A cryptocurrency bill needs to go through the following ten steps to become law:\u003C/p>\u003Col data-tool=\"mdnice编辑器\" class=\"list-paddingleft-1\" style='margin-top: 8px;margin-bottom: 8px;padding-left: 25px;width: 557.438px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;'>\u003Cli>\u003Csection style=\"margin-top: 5px;margin-bottom: 5px;line-height: 26px;color: rgb(1, 1, 1);\">Review the educational content of Schoolhouse Rock;\u003C/section>\u003C/li>\u003Cli>\u003Csection style=\"margin-top: 5px;margin-bottom: 5px;line-height: 26px;color: rgb(1, 1, 1);\">Introduction of the bill;\u003C/section>\u003C/li>\u003Cli>\u003Csection style=\"margin-top: 5px;margin-bottom: 5px;line-height: 26px;color: rgb(1, 1, 1);\">Committee jurisdiction;\u003C/section>\u003C/li>\u003Cli>\u003Csection style=\"margin-top: 5px;margin-bottom: 5px;line-height: 26px;color: rgb(1, 1, 1);\">Committee review;\u003C/section>\u003C/li>\u003Cli>\u003Csection style=\"margin-top: 5px;margin-bottom: 5px;line-height: 26px;color: rgb(1, 1, 1);\">Committee amendments;\u003C/section>\u003C/li>\u003Cli>\u003Csection style=\"margin-top: 5px;margin-bottom: 5px;line-height: 26px;color: rgb(1, 1, 1);\">Parliamentary debate and vote;\u003C/section>\u003C/li>\u003Cli>\u003Csection style=\"margin-top: 5px;margin-bottom: 5px;line-height: 26px;color: rgb(1, 1, 1);\">Conference committee negotiations;\u003C/section>\u003C/li>\u003Cli>\u003Csection style=\"margin-top: 5px;margin-bottom: 5px;line-height: 26px;color: rgb(1, 1, 1);\">Omnibus Hell;\u003C/section>\u003C/li>\u003Cli>\u003Csection style=\"margin-top: 5px;margin-bottom: 5px;line-height: 26px;color: rgb(1, 1, 1);\">Bill passage and presidential signature;\u003C/section>\u003C/li>\u003Cli>\u003Csection style=\"margin-top: 5px;margin-bottom: 5px;line-height: 26px;color: rgb(1, 1, 1);\">Implementation.\u003C/section>\u003C/li>\u003C/ol>\u003Cp data-tool=\"mdnice编辑器\" style='margin-bottom: 0px;padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: 26px;'>Until this year, cryptocurrency has largely only experienced step 10 (the creation of new rules and legal challenges) and steps 8-9 (the inclusion of the disastrous \"crypto broker reporting\" requirement in the 2021 infrastructure bill).\u003C/p>\u003Cp style=\"text-align: center;\">\u003Cimg class=\"rich_pages wxw-img\" data-galleryid=\"\" data-imgfileid=\"100003190\" data-ratio=\"0.562962962962963\" data-s=\"300,640\" data-type=\"jpeg\" data-w=\"1080\" style=\"\" src=\"./assets/17423811946450.503959175523276.jpeg\">\u003C/p>\u003Cp data-tool=\"mdnice编辑器\" style='margin-bottom: 0px;padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: 26px;'>By 2024, will we be able to achieve some substantive results through the Congressional \"sausage-making process\" (steps 1-7)?\u003C/p>\u003Cp data-tool=\"mdnice编辑器\" style='margin-bottom: 0px;padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: 26px;'>\u003Cstrong>The chances are small, but not zero.\u003C/strong>\u003C/p>\u003Ch2 data-tool=\"mdnice编辑器\" style='margin-top: 30px;margin-bottom: 15px;font-weight: bold;font-size: 22px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;letter-spacing: normal;text-align: left;text-wrap: wrap;'>3. The Congressional \"Sausage-Making\" Process\u003C/h2>\u003Cp data-tool=\"mdnice编辑器\" style='margin-bottom: 0px;padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: 26px;'>\u003Cstrong>【Major Legislation】\u003C/strong>\u003C/p>\u003Col data-tool=\"mdnice编辑器\" class=\"list-paddingleft-1\" style='margin-top: 8px;margin-bottom: 8px;padding-left: 25px;width: 557.438px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;'>\u003Cli>\u003Csection style=\"margin-top: 5px;margin-bottom: 5px;line-height: 26px;color: rgb(1, 1, 1);\">\u003Cp style=\"padding-top: 8px;padding-bottom: 8px;line-height: 26px;color: black;\">\"FIT 21\" (House) and \"Lummis-Gillibrand\" (Senate), also known as the market structure bills - both of these bills clarify the regulatory framework for cryptocurrency spot markets, custodial exchanges, and asset issuers, and aim to address the jurisdictional issues between the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC). The likelihood of passage is less than 5%.\u003C/p>\u003C/section>\u003C/li>\u003Cli>\u003Csection style=\"margin-top: 5px;margin-bottom: 5px;line-height: 26px;color: rgb(1, 1, 1);\">\u003Cp style=\"padding-top: 8px;padding-bottom: 8px;line-height: 26px;color: black;\">\"Payment Stablecoin Clarity Act\" (House) and \"Lummis-Gillibrand\" (Senate) - Both bills require dollar stablecoin issuers to back \"payment stablecoins\" with high-liquidity reserves at a 1:1 ratio and comply with disclosure, redemption, and capital requirements. The likelihood of passage is 25%.\u003C/p>\u003C/section>\u003C/li>\u003Cli>\u003Csection style=\"margin-top: 5px;margin-bottom: 5px;line-height: 26px;color: rgb(1, 1, 1);\">\u003Cp style=\"padding-top: 8px;padding-bottom: 8px;line-height: 26px;color: black;\">DAAML and CANSEE (similar Senate bills) - Both DAAML and CANSEE would impose anti-money laundering and sanctions legal requirements on open-source software contributors and non-custodial peer-to-peer networks, which could effectively end decentralized finance (DeFi) in the United States. There is a 40% chance of passing a \"watered-down\" version of the bill.\u003C/p>\u003C/section>\u003C/li>\u003Cli>\u003Csection style=\"margin-top: 5px;margin-bottom: 5px;line-height: 26px;color: rgb(1, 1, 1);\">\u003Cp style=\"padding-top: 8px;padding-bottom: 8px;line-height: 26px;color: black;\">\"Crypto Broker Tax Reporting Review\" - Back in 2021, the Congressional Budget Office claimed that if crypto brokers reported taxes to the IRS like traditional financial institutions, it could generate billions of dollars in incremental tax revenue. The bill was passed in 2021, and the first round of rulemaking was proposed in August 2023.\u003C/p>\u003C/section>\u003C/li>\u003C/ol>\u003Cp data-tool=\"mdnice编辑器\" style='margin-bottom: 0px;padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: 26px;'>\u003Cstrong>【Minor Legislation】\u003C/strong>\u003C/p>\u003Cp data-tool=\"mdnice编辑器\" style='margin-bottom: 0px;padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: 26px;'>Some smaller legislative amendments may be introduced next year, although they seem too minor to pass through Congress as standalone measures, especially in an election year. The most meaningful and promising \"quick fix\" legislation includes the bipartisan PROOF Act, which requires digital asset custodians to obtain attestations from independent audit firms to ensure their customer deposits are always fully backed, and the bipartisan \"Uniform Treatment of Custodied Assets Act,\" which would overturn the guidance in Staff Accounting Bulletin 121 (SAB 121) requiring banks and other public companies to treat crypto assets held on behalf of customers as liabilities on their balance sheets.\u003C/p>\u003Cp style=\"text-align: center;\">\u003Cimg class=\"rich_pages wxw-img\" data-galleryid=\"\" data-imgfileid=\"100003183\" data-ratio=\"0.6666666666666666\" data-s=\"300,640\" data-type=\"webp\" data-w=\"1080\" style=\"\" src=\"./assets/17423811946150.12611543352572596.jpeg\">\u003C/p>\u003Ch2 data-tool=\"mdnice编辑器\" style='margin-top: 30px;margin-bottom: 15px;font-weight: bold;font-size: 22px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;letter-spacing: normal;text-align: left;text-wrap: wrap;'>4. Ongoing Hostility from Monetary Regulators\u003C/h2>\u003Cp data-tool=\"mdnice编辑器\" style='margin-bottom: 0px;padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: 26px;'>The federal government has three main levers over cryptocurrency market participants: (1) control over access to banking services, (2) setting tax reporting rules, and (3) enforcing anti-money laundering (AML) laws.\u003C/p>\u003Cp data-tool=\"mdnice编辑器\" style='margin-bottom: 0px;padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: 26px;'>\u003Cstrong>【Crypto Banks】\u003C/strong>\u003C/p>\u003Cblockquote data-tool=\"mdnice编辑器\" style='margin-top: 20px;margin-bottom: 20px;padding: 10px 10px 10px 20px;border-left-color: rgba(0, 0, 0, 0.4);color: rgb(106, 115, 125);font-size: 0.9em;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;letter-spacing: normal;text-align: left;text-wrap: wrap;border-top: none;border-right: none;border-bottom: none;overflow: auto;background: rgba(0, 0, 0, 0.05);'>\u003Cp style=\"padding-top: 8px;padding-bottom: 8px;font-size: 16px;color: black;line-height: 26px;\">“Awful nice bank you’ve got here, be a shame if something happened to it.”\u003Cbr>\u003Cbr>-FDIC Chair Marty Gruenberg (probably)\u003C/p>\u003C/blockquote>\u003Cp data-tool=\"mdnice编辑器\" style='margin-bottom: 0px;padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: 26px;'>Current senators are directly blocking new entrants from accessing Federal Reserve master accounts and national trust bank charters, citing risks created by the government itself.\u003C/p>\u003Cp data-tool=\"mdnice编辑器\" style='margin-bottom: 0px;padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: 26px;'>The federal government can exert tax pressure on U.S. cryptocurrency companies and their users in various ways.\u003C/p>\u003Cp data-tool=\"mdnice编辑器\" style='margin-bottom: 0px;padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: 26px;'>They arrested CZ for violating AML laws and held a national press conference to announce a $4 billion fine.\u003C/p>\u003Cp style=\"text-align: center;\">\u003Cimg class=\"rich_pages wxw-img\" data-galleryid=\"\" data-imgfileid=\"100003178\" data-ratio=\"0.6492718446601942\" data-s=\"300,640\" data-type=\"png\" data-w=\"824\" style=\"\" src=\"./assets/17423811946090.9145381744044161.png\">\u003C/p>\u003Ch2 data-tool=\"mdnice编辑器\" style='margin-top: 30px;margin-bottom: 15px;font-weight: bold;font-size: 22px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;letter-spacing: normal;text-align: left;text-wrap: wrap;'>5. Ongoing Hostility from Protectors\u003C/h2>\u003Cp data-tool=\"mdnice编辑器\" style='margin-bottom: 0px;padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: 26px;'>Under SEC Chair Gary Gensler's leadership:\u003C/p>\u003Cp style=\"text-align: center;\">\u003Cimg class=\"rich_pages wxw-img\" data-galleryid=\"\" data-imgfileid=\"100003179\" data-ratio=\"0.6827794561933535\" data-s=\"300,640\" data-type=\"png\" data-w=\"662\" style=\"\" src=\"./assets/17423811947860.006273289044397057.png\">\u003C/p>\u003Col data-tool=\"mdnice编辑器\" class=\"list-paddingleft-1\" style='margin-top: 8px;margin-bottom: 8px;padding-left: 25px;width: 557.438px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;'>\u003Cli>\u003Csection style=\"margin-top: 5px;margin-bottom: 5px;line-height: 26px;color: rgb(1, 1, 1);\">Undermining the SEC's mission: It is necessary to remind people, including SEC staff, that the agency's mission is to promote capital formation, protect investors, and ensure that U.S. capital markets are fair, efficient, and competitive. However, it seems that Gary Gensler is not doing so.\u003C/section>\u003C/li>\u003Cli>\u003Csection style=\"margin-top: 5px;margin-bottom: 5px;line-height: 26px;color: rgb(1, 1, 1);\">Incompetent policing: His oversight committee has instead pursued high-profile, low-impact cases while ignoring every major crypto issue on the table.\u003C/section>\u003C/li>\u003Cli>\u003Csection style=\"margin-top: 5px;margin-bottom: 5px;line-height: 26px;color: rgb(1, 1, 1);\">Self-aggrandizement: From his first day at the SEC, Gensler seems to have focused on one thing: climbing the political ladder in Washington.\u003C/section>\u003C/li>\u003Cli>\u003Csection style=\"margin-top: 5px;margin-bottom: 5px;line-height: 26px;color: rgb(1, 1, 1);\">Dishonest actor: Gensler lied about the \"registration process\" for cryptocurrency companies.\u003C/section>\u003C/li>\u003C/ol>\u003Cp data-tool=\"mdnice编辑器\" style='margin-bottom: 0px;padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: 26px;'>The Commodity Futures Trading Commission (CFTC) is also a significant financial regulator. The author does not believe that transferring cryptocurrency regulation to the CFTC is a panacea.\u003C/p>\u003Cp data-tool=\"mdnice编辑器\" style='margin-bottom: 0px;padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: 26px;'>The CFTC previously blocked innovation in U.S. prediction markets. Their enforcement action against Ooki DAO has severely disrupted innovation within the U.S. DAO ecosystem. We still do not have onshore Perps, and it seems unlikely to appear anytime soon, as the CME still dominates our futures market, and DeFi projects are being driven overseas or shut down through enforcement.\u003C/p>\u003Ch2 data-tool=\"mdnice编辑器\" style='margin-top: 30px;margin-bottom: 15px;font-weight: bold;font-size: 22px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;letter-spacing: normal;text-align: left;text-wrap: wrap;'>6. The Courts Are Sometimes Our Friends\u003C/h2>\u003Cp data-tool=\"mdnice编辑器\" style='margin-bottom: 0px;padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: 26px;'>The regulatory landscape is so unfavorable to us that fighting in court has become an attractive option. However, this strategy is both expensive and high-risk, and few teams can afford such a long and costly battle.\u003C/p>\u003Cul data-tool=\"mdnice编辑器\" class=\"list-paddingleft-1\" style='margin-top: 8px;margin-bottom: 8px;padding-left: 25px;width: 557.438px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;'>\u003Cli>\u003Csection style=\"margin-top: 5px;margin-bottom: 5px;line-height: 26px;color: rgb(1, 1, 1);\">Ripple claims to have spent over $100 million in its first round of litigation with the SEC, which was (mostly) resolved in its favor after 2.5 years, but it still faces an appeal from the SEC.\u003C/section>\u003C/li>\u003Cli>\u003Csection style=\"margin-top: 5px;margin-bottom: 5px;line-height: 26px;color: rgb(1, 1, 1);\">Grayscale successfully sued the SEC for denying its application to convert its spot ETF, but the delay caused by the SEC paralyzed dozens of Grayscale's counterparties, including its sister company Genesis and parent company Digital Currency Group (more on this in the next chapter). Despite the SEC missing another deadline, Grayscale's procedural victory did not result in an actual ETF conversion!\u003C/section>\u003C/li>\u003Cli>\u003Csection style=\"margin-top: 5px;margin-bottom: 5px;line-height: 26px;color: rgb(1, 1, 1);\">Coinbase is in a bind: The damage from the SEC's Wells notice is unknown, but historically, delaying new listings and products has not helped when global competitors are eroding your market share.\u003C/section>\u003C/li>\u003C/ul>\u003Ch2 data-tool=\"mdnice编辑器\" style='margin-top: 30px;margin-bottom: 15px;font-weight: bold;font-size: 22px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;letter-spacing: normal;text-align: left;text-wrap: wrap;'>7. The Lobbying Battle in the Senate\u003C/h2>\u003Cp data-tool=\"mdnice编辑器\" style='margin-bottom: 0px;padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: 26px;'>Most of the pressure on Representative Waters to oppose the FIT 21 bill comes from the White House, through Warren's proxies. Meanwhile, the Lummis-Gillibrand market structure bill is stuck in the Senate Banking Committee, and as long as Warren and her anti-crypto colleagues, Committee Chair Sherrod Brown, are in power, this bill will never be considered.\u003C/p>\u003Cp style=\"text-align: center;\">\u003Cimg class=\"rich_pages wxw-img\" data-galleryid=\"\" data-imgfileid=\"100003185\" data-ratio=\"0.7546296296296297\" data-s=\"300,640\" data-type=\"png\" data-w=\"1080\" style=\"\" src=\"./assets/17423811947910.3436619521474358.png\">\u003C/p>\u003Cp data-tool=\"mdnice编辑器\" style='margin-bottom: 0px;padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: 26px;'>To be clear, if the Biden administration continues and the Senate is led by Warren, the possibility of the U.S. cryptocurrency industry facing extinction by 2028 is very high.\u003C/p>\u003Ch2 data-tool=\"mdnice编辑器\" style='margin-top: 30px;margin-bottom: 15px;font-weight: bold;font-size: 22px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;letter-spacing: normal;text-align: left;text-wrap: wrap;'>8. Supporting Cryptocurrency: Engagement, Not Surrender\u003C/h2>\u003Cp data-tool=\"mdnice编辑器\" style='margin-bottom: 0px;padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: 26px;'>The default (largely libertarian) stance of the cryptocurrency industry is that we should only regulate those crypto financial service businesses that handle other people's funds (private keys) and build open-source technology that anyone can use without hindrance.\u003C/p>\u003Cp data-tool=\"mdnice编辑器\" style='margin-bottom: 0px;padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: 26px;'>Given the reputational setbacks we have suffered over the past year, a certain degree of political appeasement is necessary for survival and growth. Opting out of these discussions entirely—when our national institutions are steered by gerontocrats with limited technological capabilities—would be suicidal, even though participating in these discussions is tedious.\u003C/p>\u003Cp style=\"text-align: center;\">\u003Cimg class=\"rich_pages wxw-img\" data-galleryid=\"\" data-imgfileid=\"100003186\" data-ratio=\"0.8425925925925926\" data-s=\"300,640\" data-type=\"png\" data-w=\"1080\" style=\"\" src=\"./assets/17423811961940.9974812863430271.png\">\u003C/p>\u003Ch2 data-tool=\"mdnice编辑器\" style='margin-top: 30px;margin-bottom: 15px;font-weight: bold;font-size: 22px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;letter-spacing: normal;text-align: left;text-wrap: wrap;'>9. We Need to Set Higher Standards\u003C/h2>\u003Cp data-tool=\"mdnice编辑器\" style='margin-bottom: 0px;padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: 26px;'>While engaging in regulatory, political, and legal battles, we should strive to raise standards and commit to self-repair, such as:\u003C/p>\u003Col data-tool=\"mdnice编辑器\" class=\"list-paddingleft-1\" style='margin-top: 8px;margin-bottom: 8px;padding-left: 25px;width: 557.438px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;'>\u003Cli>\u003Csection style=\"margin-top: 5px;margin-bottom: 5px;line-height: 26px;color: rgb(1, 1, 1);\">Proof-of-Reserves;\u003C/section>\u003C/li>\u003Cli>\u003Csection style=\"margin-top: 5px;margin-bottom: 5px;line-height: 26px;color: rgb(1, 1, 1);\">Affiliate Entity Disclosures;\u003C/section>\u003C/li>\u003Cli>\u003Csection style=\"margin-top: 5px;margin-bottom: 5px;line-height: 26px;color: rgb(1, 1, 1);\">Token Disclosures;\u003C/section>\u003C/li>\u003Cli>\u003Csection style=\"margin-top: 5px;margin-bottom: 5px;line-height: 26px;color: rgb(1, 1, 1);\">User Education Instead of \"Certification\";\u003C/section>\u003C/li>\u003Cli>\u003Csection style=\"margin-top: 5px;margin-bottom: 5px;line-height: 26px;color: rgb(1, 1, 1);\">Front-End Heuristics.\u003C/section>\u003C/li>\u003C/ol>\u003Ch2 data-tool=\"mdnice编辑器\" style='margin-top: 30px;margin-bottom: 15px;font-weight: bold;font-size: 22px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;letter-spacing: normal;text-align: left;text-wrap: wrap;'>10. MiCA and TFR: Europe's \"Leadership\"\u003C/h2>\u003Cp data-tool=\"mdnice编辑器\" style='margin-bottom: 0px;padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: 26px;'>MiCA (Markets in Crypto-Assets Regulation) and TFR (Transfer of Funds Regulation) are two important regulations adopted by the European Union to regulate the crypto-asset sector:\u003C/p>\u003Cp style=\"text-align: center;\">\u003Cimg class=\"rich_pages wxw-img\" data-galleryid=\"\" data-imgfileid=\"100003187\" data-ratio=\"0.5625\" data-s=\"300,640\" data-type=\"jpeg\" data-w=\"960\" style=\"\" src=\"./assets/17423811959370.30717354152451537.jpeg\">\u003Cspan style='color: black;font-family: mp-quote, -apple-system-font, BlinkMacSystemFont, \"Helvetica Neue\", \"PingFang SC\", \"Hiragino Sans GB\", \"Microsoft YaHei UI\", \"Microsoft YaHei\", Arial, sans-serif;font-size: var(--articleFontsize);letter-spacing: 0.034em;text-align: justify;'>\u003C/span>\u003C/p>\u003Ctable>\u003Cthead>\u003Ctr style=\"border-width: 1px 0px 0px;border-right-style: initial;border-bottom-style: initial;border-left-style: initial;border-right-color: initial;border-bottom-color: initial;border-left-color: initial;border-top-style: solid;border-top-color: rgb(204, 204, 204);background-color: white;\">\u003Cth style=\"border-top-width: 1px;border-color: rgb(204, 204, 204);background-color: rgb(240, 240, 240);min-width: 85px;text-align: center;word-break: break-all;\">Category\u003C/th>\u003Cth style=\"border-top-width: 1px;border-color: rgb(204, 204, 204);background-color: rgb(240, 240, 240);min-width: 85px;text-align: left;\" width=\"208\">Advantages\u003C/th>\u003Cth style=\"border-top-width: 1px;border-color: rgb(204, 204, 204);background-color: rgb(240, 240, 240);min-width: 85px;text-align: center;\" width=\"187\">Disadvantages\u003C/th>\u003C/tr>\u003C/thead>\u003Ctbody style=\"border-width: 0px;border-style: initial;border-color: initial;\">\u003Ctr style=\"border-width: 1px 0px 0px;border-right-style: initial;border-bottom-style: initial;border-left-style: initial;border-right-color: initial;border-bottom-color: initial;border-left-color: initial;border-top-style: solid;border-top-color: rgb(204, 204, 204);background-color: white;\">\u003Ctd style=\"border-color: rgb(204, 204, 204);min-width: 85px;text-align: center;\">Comprehensive\u003C/td>\u003Ctd style=\"border-color: rgb(204, 204, 204);min-width: 85px;word-break: break-all;\" width=\"208\">\u003Cspan style=\"font-size: 15px;\">The EU's first legislation targeting crypto-asset service providers and token issuers, recognizing utility tokens as a unique asset class, and setting operational vulnerabilities and token disclosure responsibilities for CASPs.\u003C/span>\u003C/td>\u003Ctd style=\"border-color: rgb(204, 204, 204);min-width: 85px;text-align: center;\" width=\"231\">\u003Cspan style=\"font-size: 15px;\">Once final rules and clarifications are included, the regulation will exceed 1,000 pages and will not include future proposals like \"MiCA 2.0\" for DeFi and NFTs.\u003C/span>\u003C/td>\u003C/tr>\u003Ctr style=\"border-width: 1px 0px 0px;border-right-style: initial;border-bottom-style: initial;border-left-style: initial;border-right-color: initial;border-bottom-color: initial;border-left-color: initial;border-top-style: solid;border-top-color: rgb(204, 204, 204);background-color: rgb(248, 248, 248);\">\u003Ctd style=\"border-color: rgb(204, 204, 204);min-width: 85px;text-align: center;\">Travel Rule Implementation\u003C/td>\u003Ctd style=\"border-color: rgb(204, 204, 204);min-width: 85px;\" width=\"208\">\u003Cspan style=\"font-size: 15px;\">No information disclosure requirements for peer-to-peer transfers, but information sharing is required between CASPs.\u003C/span>\u003C/td>\u003Ctd style=\"border-color: rgb(204, 204, 204);min-width: 85px;text-align: center;\" width=\"187\">\u003Cspan style=\"font-size: 15px;\">TFR information sharing with no transaction minimum, and CASP information requirements for self-custody wallets.\u003C/span>\u003C/td>\u003C/tr>\u003Ctr style=\"border-width: 1px 0px 0px;border-right-style: initial;border-bottom-style: initial;border-left-style: initial;border-right-color: initial;border-bottom-color: initial;border-left-color: initial;border-top-style: solid;border-top-color: rgb(204, 204, 204);background-color: white;\">\u003Ctd style=\"border-color: rgb(204, 204, 204);min-width: 85px;text-align: center;\">Stablecoins\u003C/td>\u003Ctd style=\"border-color: rgb(204, 204, 204);min-width: 85px;\" width=\"208\">\u003Cspan style=\"font-size: 15px;\">Provides clear guidance for issuers, helping to create the long-awaited euro stablecoin.\u003C/span>\u003C/td>\u003Ctd style=\"border-color: rgb(204, 204, 204);min-width: 85px;text-align: center;\" width=\"187\">\u003Cspan style=\"font-size: 15px;\">EU CASPs may be prohibited from offering stablecoin yields, face issuance caps, and unauthorized issuers cannot trade on EU exchanges.\u003C/span>\u003C/td>\u003C/tr>\u003Ctr style=\"border-width: 1px 0px 0px;border-right-style: initial;border-bottom-style: initial;border-left-style: initial;border-right-color: initial;border-bottom-color: initial;border-left-color: initial;border-top-style: solid;border-top-color: rgb(204, 204, 204);background-color: rgb(248, 248, 248);\">\u003Ctd style=\"border-color: rgb(204, 204, 204);min-width: 85px;text-align: center;\">DeFi Coming Soon\u003C/td>\u003Ctd style=\"border-color: rgb(204, 204, 204);min-width: 85px;\" width=\"188\">\u003Cspan style=\"font-size: 15px;\">Clear regulatory and tax rules could put Europe ahead in \"embedded regulation.\"\u003C/span>\u003C/td>\u003Ctd style=\"border-color: rgb(204, 204, 204);min-width: 85px;text-align: center;word-break: break-all;\" width=\"187\">\u003Cspan style=\"font-size: 15px;\">DeFi developers may be held accountable for regulation, and Europe lacks \"code as speech\" protection.\u003C/span>\u003C/td>\u003C/tr>\u003Ctr style=\"border-width: 1px 0px 0px;border-right-style: initial;border-bottom-style: initial;border-left-style: initial;border-right-color: initial;border-bottom-color: initial;border-left-color: initial;border-top-style: solid;border-top-color: rgb(204, 204, 204);background-color: white;\">\u003Ctd style=\"border-color: rgb(204, 204, 204);min-width: 85px;text-align: center;\">Other\u003C/td>\u003Ctd style=\"border-color: rgb(204, 204, 204);min-width: 85px;\" width=\"188\">\u003Cspan style=\"font-size: 15px;\">Strict market restrictions for non-EU companies serving EU users, but with a \"reverse solicitation\" exemption, benefiting global leaders like Binance.\u003C/span>\u003C/td>\u003Ctd style=\"border-color: rgb(204, 204, 204);min-width: 85px;text-align: center;word-break: break-all;\" width=\"187\">\u003Cspan style=\"font-size: 15px;\">Undisclosed social media comments on crypto assets may be considered market manipulation.\u003C/span>\u003C/td>\u003C/tr>\u003C/tbody>\u003C/table>\u003Col data-tool=\"mdnice编辑器\" class=\"list-paddingleft-1\" style='margin-top: 8px;margin-bottom: 8px;padding-left: 25px;width: 557.438px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;'>\u003Cspan style=\"font-size: 22px;font-weight: bold;\">\u003C/span>\u003Csection style=\"margin-top: 5px;margin-bottom: 5px;line-height: 26px;color: rgb(1, 1, 1);\">\u003Cbr>\u003C/section>\u003C/ol>\u003Ch2 data-tool=\"mdnice编辑器\" style='margin-top: 30px;margin-bottom: 15px;font-weight: bold;font-size: 22px;text-wrap: wrap;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;letter-spacing: normal;text-align: left;'>Conclusion\u003C/h2>\u003Cp data-tool=\"mdnice编辑器\" style='margin-bottom: 0px;padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: 26px;'>While regulators around the world may not completely end cryptocurrency (or AI, social media, biotechnology, etc.), their rules and policies may make our lives challenging and troublesome for quite some time.\u003C/p>\u003Cp data-tool=\"mdnice编辑器\" style='margin-bottom: 0px;padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: 26px;'>It is important to remember: politics is often a product of culture. Politicians implement policies through the selection of talent, and these policies often have long-term effects. Therefore, winning the cultural information war will be key to winning the entire battle.\u003C/p>\u003Cp style=\"display: none;\">\u003Cmp-style-type data-value=\"3\">\u003C/mp-style-type>\u003C/p>\u003C/div>",[256,260,263,271,278,286,289,297],{"id":227,"title_md5":257,"publish_date":228,"author_md5":258,"is_original":23,"collection":229,"summary_md5":259,"cover_url":230,"cover_url_1_1":231},"42ed0851064cd3a67744f14d28dd8c15","bc27fa490c4d0d525bac812fc0793534","70c266e151a94d81346a91d4ec942bdf",{"id":185,"title_md5":261,"publish_date":167,"author_md5":258,"is_original":23,"collection":186,"summary_md5":262,"cover_url":187,"cover_url_1_1":188},"e73415acabc9bb396be72a35c59fc6de","8886f8e44abb23e325ac5af11848a6f8",{"id":264,"title_md5":265,"publish_date":266,"author_md5":258,"is_original":23,"collection":267,"summary_md5":268,"cover_url":269,"cover_url_1_1":270},82,"4bf69ef84bd7b183d00c364ad09bb5fd","2025-01-02","#SITUATIONAL AWARENESS #ASI #AGI","2cf17174d0042ccf1895cee84276bccc","article_res/cover/459be2942ab507050cf08f417e9e0417.jpeg","article_res/cover/96a964fa28ca8b6ef2bc2b19338bb146.jpeg",{"id":272,"title_md5":273,"publish_date":274,"author_md5":258,"is_original":23,"collection":5,"summary_md5":275,"cover_url":276,"cover_url_1_1":277},197,"a971baff48148b8ed9acc1ca7ab99c18","2024-08-14","0eed6772828808601f389b4bac8f4d0a","article_res/cover/22174743c1501f73c6b18fe0c76eaba5.jpeg","article_res/cover/a4056722ad71dc449138929b900a70fd.jpeg",{"id":279,"title_md5":280,"publish_date":281,"author_md5":258,"is_original":23,"collection":282,"summary_md5":283,"cover_url":284,"cover_url_1_1":285},118,"060195472c092a41f68bf577acf78060","2024-11-26","#ByteDance #AI Image Editor","0cc3594eccce631633cb837ca32332cf","article_res/cover/9f1e7a0f689b961debd24c7c5b437599.jpeg","article_res/cover/4172debeb08a4653323393c7d783a648.jpeg",{"id":247,"title_md5":287,"publish_date":248,"author_md5":258,"is_original":23,"collection":5,"summary_md5":288,"cover_url":250,"cover_url_1_1":251},"9b12c0499ca2f25c0e0e19f4d1b4035c","433ea66bfc8f5c2095e02c6e8badb83d",{"id":290,"title_md5":291,"publish_date":292,"author_md5":258,"is_original":4,"collection":293,"summary_md5":294,"cover_url":295,"cover_url_1_1":296},375,"f8cef14ef1af374cc216c52095bc314a","2023-12-06","#ByteDance","5b45b80e2ea865ff9326e017963fa238","article_res/cover/be9eb4f413d51943376c7dbf61d5c423.jpeg","article_res/cover/0d1e5a973184ffab3b1d57e256bbda9e.jpeg",{"id":298,"title_md5":299,"publish_date":300,"author_md5":301,"is_original":4,"collection":5,"summary_md5":302,"cover_url":303,"cover_url_1_1":304},507,"6be63fd009431dd340c7bfa3a8ba9424","2022-07-31","f44d4b523ff110f3126ff57530ea5253","c0428d400a12ae6b93d7c163e7a59990","article_res/cover/2bb15a23eaad2f90ffe5a1dd2362c2f3.jpeg","article_res/cover/511f84be021e2f205dcbbc1b2829fcb5.jpeg",{"related":306,"small":348},[307,315,324,332,340],{"id":308,"publish_date":309,"is_original":23,"collection":310,"cover_url":311,"cover_url_1_1":312,"title":313,"summary":314,"author":28},212,"2024-07-23","#AI Virtual Try-On #Tencent","article_res/cover/4b843969ae2bdf19e55f75c824be7d4f.jpeg","article_res/cover/762ea863dd1d1fa32990288b476313c5.jpeg","IMAGDressing","IMAGDressing: Interactive Modular Apparel Generation for Virtual Dressing",{"id":316,"publish_date":317,"is_original":4,"collection":318,"cover_url":319,"cover_url_1_1":320,"title":321,"summary":322,"author":323},608,"2022-03-09","#Psychology","article_res/cover/ef3a6ab91666d3c4d444fa898eb9b7bf.jpeg","article_res/cover/edf2d6b9d836a84920d8cc74b2fc7086.jpeg","The fast world and the slow world","The faster you go, the shorter you are.","雷内",{"id":325,"publish_date":326,"is_original":4,"collection":5,"cover_url":327,"cover_url_1_1":328,"title":329,"summary":330,"author":331},604,"2022-03-13","article_res/cover/b1e7e12d55932a445e91d45f896c486a.jpeg","article_res/cover/0c07557158250cca3a12a1ea1b9d9a48.jpeg","How to read financial statements - CF Statement of Cash Flows","Why focus on cash flows? Because a share of stock is a","Course notes",{"id":333,"publish_date":334,"is_original":4,"collection":5,"cover_url":335,"cover_url_1_1":336,"title":337,"summary":338,"author":339},541,"2022-05-15","article_res/cover/e961f7a10d80fdeccf3e946f8a32f197.jpeg","article_res/cover/94c33e16b6a938364a0df4b962a0cf16.jpeg","Decentralized Society: Finding Web3’s Soul / 去中心化社会：寻找Web3的灵魂 -2","A person might have a Soul that stores SBTs representing educational credentials, employment history, or works of art.","Translation",{"id":341,"publish_date":342,"is_original":23,"collection":343,"cover_url":344,"cover_url_1_1":345,"title":346,"summary":347,"author":28},208,"2024-07-31","#Meta #Object Detection","article_res/cover/fd1b90586fee909b10777e47d561f409.jpeg","article_res/cover/d30b0789f086ae58ad87acd922eb7a19.jpeg","Meta's SAM 2 - A unified model for real-time object segmentation","Introducing SAM 2: The next generation of Meta Segment Anything Model for videos and images",[349,355,361],{"title":10,"list":350},[351,352,353,354],{"id":96,"publish_date":97,"is_original":23,"collection":98,"cover_url":99,"cover_url_1_1":100,"title":101,"summary":102,"author":28},{"id":104,"publish_date":105,"is_original":23,"collection":106,"cover_url":107,"cover_url_1_1":108,"title":109,"summary":110,"author":28},{"id":112,"publish_date":113,"is_original":23,"collection":114,"cover_url":115,"cover_url_1_1":116,"title":117,"summary":118,"author":28},{"id":166,"publish_date":167,"is_original":23,"collection":168,"cover_url":169,"cover_url_1_1":170,"title":171,"summary":172,"author":28},{"title":222,"list":356},[357,358,359,360],{"id":120,"publish_date":113,"is_original":23,"collection":121,"cover_url":122,"cover_url_1_1":123,"title":124,"summary":125,"author":28},{"id":166,"publish_date":167,"is_original":23,"collection":168,"cover_url":169,"cover_url_1_1":170,"title":171,"summary":172,"author":28},{"id":227,"publish_date":228,"is_original":23,"collection":229,"cover_url":230,"cover_url_1_1":231,"title":232,"summary":233,"author":28},{"id":235,"publish_date":236,"is_original":23,"collection":73,"cover_url":237,"cover_url_1_1":238,"title":239,"summary":240,"author":28},{"title":242,"list":362},[],[8,9,10],[8,12,13,14,9,10,15,16,17,18],["Reactive",245],1754646419463]