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first_img SK Hynix's Taobao flagship store has removed all products and plans to cease operations

According to reports from The Paper and others, on August 24, consumers claimed that the Taobao Tmall store "SKhynix Flagship Store" suddenly announced the termination of its operations, raising concerns about the after-sales warranty of the purchased memory modules. The store's homepage indicated that it plans to voluntarily terminate operations on September 9, 2026, and has removed all products, making it currently impossible to search for the store directly on Taobao.Customer service on the Taobao platform stated that if an order is still within the after-sales validity period after the store closes, customers can apply for repairs or refunds on the order details page; if there is no after-sales entry or the seller has not processed it, customers can contact platform customer service for assistance or check if they are entitled to the brand's official warranty. On August 25, SK Hynix's stock price opened lower and continued to decline, falling more than 4% as of the related report.In another report, members of the SK Hynix union voted against a preliminary wage agreement reached after two months of negotiations, with 50.08% of the 15,045 employees who participated in the vote opposing it, with only a 25-vote difference between approval and disapproval. The agreement originally included a 6.3% wage increase and adjusted the profit-sharing bonus to 40% cash and 60% company shares, whereas it was previously distributed entirely in cash.

Beijing Business Today: The chaos of cryptocurrency speculation has infiltrated platforms such as Xiaohongshu, Taobao, and Xianyu

Beijing Business Daily Financial Investigation Team published an article titled "The Surge of Cryptocurrency Speculators into Social Platforms," which points out that the chaos of cryptocurrency speculation has infiltrated platforms such as Xiaohongshu, Taobao, and Xianyu. What appears to be lifestyle sharing, newcomer benefits, or product links is, in fact, a diversion for cryptocurrency speculation, brewing a carefully woven hunting trap for ordinary people. From the perspective of diversion methods, it can be roughly divided into several situations, such as creating topics to build IP and setting up advertising links on platforms. Industry insiders believe that a "counter-hunting" battle against the chaos of cryptocurrency speculation has also begun, but to completely end this game, a joint effort from regulators, platforms, and users is needed.Not long ago, Pan Gongsheng, the governor of the People's Bank of China, publicly stated that efforts to crack down on the operation and speculation of virtual currencies within the country would continue. Since 2017, the People's Bank of China, together with relevant departments, has issued multiple policy documents to prevent and address the risks of domestic virtual currency trading and speculation, and these policy documents remain effective. In the next step, the People's Bank of China will continue to work with law enforcement agencies to combat the operation and speculation of virtual currencies within the country, maintain economic and financial order, and closely monitor and dynamically assess the development of overseas stablecoin values.

Blur founder: The growth strategy of Blur is inspired by Uniswap and Taobao, and future development will be largely influenced by the community

ChainCatcher news, according to CoinDesk, NFT marketplace Blur co-founder Pacman stated in an interview that his real name is Tieshun Roquerre, a 24-year-old developer and investor. Roquerre revealed that the inspiration for Blur's tokenomics and growth strategy comes from the decentralized cryptocurrency exchange Uniswap and the e-commerce platform Taobao.Regarding NFT royalties, Roquerre stated that his position is to maximize copyright usage fees in a scalable and sustainable way. Although there are zero-royalty markets, he decided to steer traders away from these markets by incentivizing them (for example, through its competitive strategy against OpenSea).In response to Blur's privacy policy statement that "the platform collects information such as browsing history, email addresses, and work history that can be used to create consumer profiles," Roquerre denied that the platform is collecting user data and stated that its privacy policy is "very standard." He added that the data collected is publicly visible on the blockchain. However, he promised to update the privacy policy to clarify its intentions to users.Roquerre also mentioned that the future of the platform will largely be influenced by its community, which can use the treasury holding 39% of the total supply of BLUR tokens. He said, "The community can vote on financial allocations for developing features or various initiatives, and can also vote to allocate financial grants to new economic designs, which may include introducing platform fees at some point to generate additional revenue in the future."Additionally, according to crypto data platform RootData, Blur completed a $11 million seed round financing led by Paradigm in March 2022. (Source link)
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