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Why can't most public blockchains make money? The issue might not be with the technology.
This article points out that most public blockchains lack a genuine business model, and user activity and transactions largely depend on external incentives. Once subsidies diminish, the system loses its vitality. Future competition will focus on whether a project can generate sustained value rather than just technical metrics. IDN Network aims to create a closed loop of user behavior by integrating chains, wallets, and applications, retaining value and emphasizing the importance of self-sustenance. Truly successful projects will be systems that can convert technology into ongoing value.
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Techub News reports that the Korea Financial Services Commission (FSC) has required all cryptocurrency exchanges in South Korea to establish a system by the end of May that checks and verifies their internal ledgers against actual cryptocurrency holdings every five minutes. According to the FSC, three of the country's five major cryptocurrency exchanges perform asset reconciliation once every 24 hours, while the remaining two conduct internal ledger versus actual holdings checks every 5 to 10 minutes. Additionally, the FSC pointed out that their trading suspension system (also known as the shu
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Techub News reports that, according to Jin10 Data, spot gold has risen above $4,700 per ounce, up 0.54% intraday. The intraday increase in New York gold futures has expanded to 1.00%, currently trading at $4,726.80 per ounce.
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Techub News reports that, according to Onchain Lens monitoring, yeti.hl deposited 2.19 million USDC into HyperLiquid 30 minutes ago and purchased 58,884 HYPE tokens at an average price of $37.21.
HYPE3,67%
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Techub News reports that, according to JIN10 data, spot gold has risen above $4,690 per ounce, up 0.31% intraday.
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Techub News reports that El Salvador is still increasing its Bitcoin holdings at a rate of about 1 Bitcoin per day. As of April 5 local time, it holds a total of 7,613.37 Bitcoins, worth approximately $526 million.
BTC3,68%
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Techub News reports, citing Reuters through Xinhua News Agency, that a source said the United States and Iran have received a proposal for a ceasefire agreement, which could take effect on the 6th. The source stated that Pakistan has drafted a framework to end the conflict and has communicated with the US and Iran. The plan aims for an immediate ceasefire and the reopening of the Strait of Hormuz first, followed by reaching a final agreement within 15 to 20 days. The final agreement may include Iran's commitment not to pursue nuclear weapons in exchange for the lifting of sanctions and the unf
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Techub News reports that, according to SolanaFloor monitoring, Circle minted approximately 3.25 billion USDC on Solana over the past 7 days, marking the largest single-week stablecoin minting volume in 2026.
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Techub News reports that DEX QuickSwap tweeted that its Discord server may have been compromised by an unauthorized third party. Do not click any links posted in any channels.
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Techub News reports that the Cosmos ecosystem DEX Osmosis announced via tweet that it has updated the Cosmos Hub proposal based on validator and community feedback. The biggest change is that no new ATOM will be minted; instead, the required ATOM will be gradually purchased on the open market through the Osmosis DEX protocol to facilitate OSMO/ATOM swaps. The total purchase amount remains limited to less than 2.5% of the total ATOM supply. The proposal is currently in the Cosmos Hub governance discussion phase.
ATOM3,11%
OSMO4,32%
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Techub News 消息,ETHGlobal 公布 Cannes 决赛入围项目名单,包括 ENShell、DIVE、maki、Défi、ALMA、npmguard、VEIL VPN、PaintGlobal、EVM PORST 及 Corpus。
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Hidden financial warfare? Iran uses stablecoins to collect tolls through the Strait
The Deputy Minister of Iran's Foreign Ministry confirmed that super-large oil tankers passing through the Strait of Hormuz are required to pay transit fees to the Islamic Revolutionary Guard Corps, excluding US dollar settlements, and adopting the Chinese yuan or stablecoins. The new fee mechanism features differentiated pricing and is decoupled from the international shipping settlement system, potentially generating $20 billion worth of stablecoin liquidity annually, which could trigger a chain reaction in global shipping and trade finance. This attempt also demonstrates the integration of geopolitics and financial mechanisms, potentially reshaping the payment infrastructure for energy trade.
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Techub News reports that, according to CoinAnk data, in the past 24 hours, the total liquidations across the entire network reached $217 million, with long positions liquidated at $67.56 million and short positions at $149 million.
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