The 47th US President Trump and his family actively participate in the cryptocurrency field through the WLFI Foundation, using it as a tool to monetize their influence. Every move they make causes a huge reaction in the market.

FTX applied for court approval to implement 'restricted processing procedures' for 49 countries/regions (including China). Due to disputes over these countries' legal attitudes and supportiveness towards cryptocurrencies, FTX will confiscate creditor shares from those countries and redistribute them to creditors in other countries. These regions account for about 5% of the total debt, with Chinese debt accounting for as much as 82%.

After FTX's bankruptcy, a series of negotiations and competitions have taken place around restarting, liquidating, and repaying creditors, with multiple significant fluctuations in related assets.

Tracing the development of Bitcoin since its inception, this includes the evolution of ecosystem protocols, inscriptions, NFTs, DeFi, etc. It's suitable for newcomers to understand BTC chain assets and protocol evolution. This includes the development history of BRC-20, ARC-20, Runes, Alkanes, etc.

ETH Ethereum transitioned from proof-of-work (PoW) to proof-of-stake (PoS) consensus mechanism

The second largest cryptocurrency exchange, FTX, collapsed suddenly, with its founder SBF arrested and users losing billions of dollars, becoming one of the biggest black swans in the crypto world.

The development history of Ethereum (ETH) includes multiple important milestones and technological upgrades, from the release of the white paper in 2013 to the Pectra upgrade in 2025. The price fluctuated significantly over time, suitable for newcomers to understand its basic knowledge and historical details.

Ross Ulbricht was arrested and sentenced for creating the darknet marketplace Silk Road, sparking global attention to crypto currency and network regulation. Silk Road (Silk Road) was an online marketplace launched in 2011, allowing users to anonymously buy and sell goods (including prohibited items) using Bitcoin. It was the first large-scale platform to use Bitcoin for real-world transactions, promoting the concept of early Bitcoin circulation and anonymous payments, but also because of its involvement in illegal transactions, it became a global enforcement focus.

Abu Dhabi investment company MGX, with Abu Dhabi royal background, acquired a stake in Binance. This acquisition symbolizes Binance seeking political protection from the business world to the political world, and the transaction was settled using the $USD1 stablecoin issued by the Trump family foundation WLFI.

The US Securities and Exchange Commission sued Ripple, alleging XRP is an unregistered security.

Tornado Cash is sanctioned for privacy features and mixing mechanisms, involving money laundering, and its governance token TORN has been delisted from Binance.

From the first hack at Mt. Gox in 2011 to the Bybit event in 2025, we review the top 10 centralized exchange (CEX) hacks in cryptocurrency history, revealing industry security challenges and evolution.

From 2011 to now, Bitcoin has experienced multiple sharp rises and falls. The following are the reasons, processes, and impacts of each major decline, suitable for newcomers to understand the entire market history.

Binance founder Changpeng Zhao was sentenced to prison for violating US anti-money laundering laws.

NFT (Non-Fungible Tokens) from the concept of Colored Coins in 2012 to widespread application in 2023, including the establishment of technical standards, market boom, and cultural impact. It's suitable for newcomers to understand the complete development context of NFTs.

UST and LUNA are pegged: when LUNA is destroyed and prices spiral up, the system will issue more LUNA to buy UST to stabilize the market. The result is a price crash, forming a death spiral, both collapsing to zero. When confidence collapses, they both crash together.

Key development milestones of Decentralized Finance (DeFi) since 2013, covering platform, protocol, and innovation mechanism evolution.