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The latest funding crisis in Ethereum has sparked intense debate, focusing on whether staking rewards should be taxed

According to Cointelegraph, Ethereum is embroiled in a fierce governance debate over the source of core development funding. Last Friday, former Ethereum Foundation contributor Trenton Van Epps warned that as old support programs deplete and foundation expenditures shrink, the core development ecosystem could face a "slow-burning funding crisis" within three to nine months, requiring approximately $30 million annually to maintain over a dozen clients, research, and coordination teams.The core of the debate stems from the "validator redirect income" proposal put forward by Kleros co-founder Clément Lesaege, which suggests redirecting 0% to 10% of validator rewards to an ecosystem funding pool, estimated to generate about 50,000 to 70,000 ETH annually at current staking levels. This proposal has faced widespread opposition, with critics warning that it could entrench the power of large validators and blur the boundaries between operations and governance. Some community members previously countered that the foundation's funds are sufficient to operate for 30 years, but the foundation's actual decisions indicate that it is actively shrinking expenditures and pushing for diversified funding models.On Monday, a nonprofit organization called EthLabs was announced, initiated by five former Ethereum Foundation researchers, aiming to directly fund development through large ETH holders. On Tuesday, Ethereum founder Vitalik Buterin stated that the foundation is cutting its budget by about 40% according to established policies and has recently laid off 54 people.

Bitget CFD Chief Analyst: PCE data will become a barometer for Federal Reserve policy, beware of the downward risk for gold

Today, Bitget CFD Chief Analyst Lewis Huang pointed out in an online live broadcast themed "Logic of Gold Trend Analysis" that this week's market focus will be on the U.S. May PCE Price Index and the final value of Q1 GDP.Previously, CPI and PPI data reached new highs, non-farm employment showed robust performance, and signals of inflation rebound combined with the Federal Reserve's hawkish stance have led the market to gradually digest rate hike expectations. He emphasized that Waller has clearly stated that controlling inflation is the top priority, and the interest rate dot plot shows that rate hikes in 2026 are becoming an internal consensus, and the market needs to prepare for a higher and longer-lasting interest rate environment.Regarding the gold trend, Lewis Huang stated that due to the impact of geopolitical conflicts driving up energy prices, the overall year-on-year increase in the Personal Consumption Expenditures (PCE) Price Index may rise to 3.4% or even higher. If the Personal Consumption Expenditures (PCE) Price Index rises unexpectedly, the U.S. Dollar Index will gain strong momentum, while non-interest-bearing assets like gold will face weakening risks. He suggests that CFD traders closely monitor inflation expectation differentials and flexibly capture opportunities for U.S. dollar bullishness or guard against gold downturns.

The founder of Bridgewater Associates discusses decision-making in the AI era: principled thinking should run parallel with AI, and human insights remain irreplaceable

Ray Dalio, founder of Bridgewater Associates, recently published a lengthy article sharing his thoughts on the investment decision-making system in the AI era, emphasizing that human insights still hold irreplaceable value in financial markets.Dalio believes that investing is essentially a "value-added near-zero-sum" competitive environment. When certain information becomes widely recognized, its investment value often declines rapidly. Therefore, even the most advanced AI systems are insufficient for investors to rely on completely or to follow blindly; the true competitive advantage still lies in unique human understanding and deep insights.Drawing on Bridgewater's 50 years of development experience, Dalio suggests that decision-making should be based on a clear, understandable, and verifiable principle system. He states that principled thinking does not rely on intuition or experiential judgment, but rather systematizes decision-making standards by analyzing contexts and causal relationships, recording core principles, and utilizing historical data for verification, ultimately transforming them into computable and automatically executable decision systems.He also points out that the formation of principles cannot solely depend on data mining or directly asking AI, but must be based on logical reasoning and an understanding of the operational laws of the real world.Dalio describes this process as a "collaborative game" between humans and AI. In this model, AI provides systematic suggestions based on established principles, while humans engage in independent thinking according to their own principle framework. Both parties continuously optimize the decision-making system through comparison, discussion, and logical verification.He believes that truly valuable principles should transcend time and geography, enduring scrutiny across different historical cycles and market environments. If a principle fails, it is necessary to re-examine the underlying causal relationships and continuously revise it.Dalio states that he has already applied this method in his family office to fully leverage the new generation of AI technology and plans to continue sharing related methodologies with the outside world. He also reminds market participants that as AI technology continues to evolve, the ability to effectively combine artificial intelligence with principled thinking may become an important watershed for future competitiveness.
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