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spirit

Vitalik: DeFi is an important part of Ethereum's core values, and in the future, it will regain the spirit of early DeFi

Ethereum founder Vitalik expressed on social media that DeFi is an important component of Ethereum's core values. Financial empowerment is a key dimension for achieving autonomy and freedom in today's world. While finance is far from the only use of Ethereum, it is crucial. Current DeFi has opened up the world's best savings, risk management, and wealth creation opportunities in a permissionless manner. The Ethereum Foundation needs to continue building on this foundation.The greatness of the early DeFi era of Ethereum lies in its courage to dream, innovate, and create entirely new paradigms. Future DeFi will reclaim this spirit; it should not only focus on "creating a better stablecoin," but also delve deeper into underlying issues and propose better solutions. The Ethereum Foundation's support for "on-chain finance" and even "DeFi" is not indiscriminate.There is a clear vision for DeFi: a permissionless, open-source, privacy-first, and security-centric global financial system—maximizing user control over their own assets, minimizing centralized bottlenecks and trusted third parties, and democratizing risk management and wealth accumulation. The foundation hopes that the protocol can pass the "exit test": even if the founding team suddenly disappears, the system can continue to operate, and achieving this vision requires a lot of work.

Huobi HTX condemns the Flow project team for unilaterally forcing the transfer of FLOW assets: harming users' legitimate rights and interests, and violating the spirit of decentralization

Huobi HTX has released a statement regarding the unilateral asset transfer by the Flow (FLOW) project team.Huobi HTX stated that on December 27, 2025, a protocol layer vulnerability in the Flow network led to a large amount of FLOW being illegally minted. After the incident, the platform proactively verified the situation with the project team to confirm whether there were any anomalies, and actively cooperated with risk management and on-chain tracking efforts. At the same time, the risk control and monitoring systems continuously tracked suspicious fund flows and took restrictive measures on identifiable hacker-related assets, making every effort to prevent further inflow into the market and protect the overall interests of token holders.However, the Flow project team unilaterally initiated the "Isolated Recovery" plan without fully communicating with the exchange and users, forcibly transferring FLOW assets from centralized exchange addresses, including Huobi HTX, through protocol layer permissions, and plans to destroy them on January 30, 2026.Huobi HTX emphasizes that the forcibly transferred and intended-to-be-destroyed assets include a large amount of FLOW obtained by ordinary users through legitimate market transactions. The actions of the Flow project team seriously deviate from the principles of decentralization and clear property rights, setting a bad precedent for the security boundaries of industry assets, and severely damaging the legitimate asset rights and interests of the platform and its users. Huobi HTX calls on the Flow project team to adhere to the spirit of decentralization, respect the legitimate rights and interests of users and exchanges, clearly distinguish between illegal minting and legal holdings, publish a complete and auditable post-event analysis, and resolve outstanding issues through active negotiation rather than unilateral technical means.

The AB Charity Foundation has added another 5 million, bringing the total donations to 15 million Hong Kong dollars, in line with the Hong Kong General Association for the Promotion of Peaceful Reunification of China to practice the "Lion Rock Spirit."

On the afternoon of November 26, 2025, a level five fire broke out in Hong Fu Court, Tai Po, New Territories, Hong Kong, resulting in significant casualties and property losses. This severe disaster has touched the hearts of the entire Hong Kong community and even the global Chinese society, prompting urgent actions from all sectors, including donations, supplies, and volunteer services to support the affected residents.In this context, on November 28, 2025, the AB Charity Foundation donated 10 million Hong Kong dollars, followed by an additional 2 million Hong Kong dollars on December 1, totaling 12 million Hong Kong dollars donated through the Hong Kong General Association for the Promotion of Peaceful Reunification of China.On December 2, the AB Charity Foundation further added a donation of 3 million Hong Kong dollars. To date, the AB Charity Foundation has donated a total of 15 million Hong Kong dollars for projects related to the Tai Po Hong Fu Court fire through the Hong Kong General Association for the Promotion of Peaceful Reunification of China, hoping that with the joint efforts of the Hong Kong SAR government and all sectors of society, the affected residents can quickly return to normal life, continuing the spirit of "Lion Rock" which represents mutual support and solidarity.The AB Charity Foundation stated that it will continue to donate based on actual circumstances.The AB Charity Foundation is an independent international non-governmental organization registered in Ireland and enjoys legal entity status in the European Union. Its technical and financial support comes from AB DAO. The foundation is committed to utilizing cutting-edge technologies such as blockchain and artificial intelligence to build a transparent, trustworthy, and traceable public welfare infrastructure, thereby promoting the sustainable development of public undertakings in education, healthcare, environment, and humanitarian assistance.

The AB Foundation donated 10 million Hong Kong dollars to the Hong Kong General Association for the Promotion of Peaceful Reunification of China to practice the "Lion Rock Spirit."

On the afternoon of November 26, 2025, a Level 5 fire broke out in Hong Fu Court, Tai Po, New Territories, Hong Kong, resulting in significant casualties and property losses. This severe disaster has touched the hearts of the entire Hong Kong community and even the global Chinese community, prompting urgent actions from all sectors to support the affected residents through donations, supplies, and volunteer services.In this context, the AB Charitable Foundation donated 10 million Hong Kong dollars to the Hong Kong General Association for the Promotion of Peaceful Reunification of China, jointly participating in the fire rescue and post-disaster community reconstruction efforts in Tai Po Hong Fu Court, working together to promote humanitarian assistance and the sustainable development of related public undertakings.Founded in May 2025 in Ireland, the AB Charitable Foundation is dedicated to promoting global public welfare, with a particular focus on vulnerable groups affected by war and natural disasters, especially women and children. This donation not only reflects the core mission of the AB Charitable Foundation of "Technology for Good," but also emphasizes the importance of viewing the Earth as a whole, transcending regional, cultural, and ethnic boundaries to build a truly united and cooperative community of shared human destiny.
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