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04:51
Former Ethereum Developer: Crypto Industry’s Focus on Vanity Metrics is Misleading VCs into Continued Funding
BlockBeats News, May 27th - Former Ethereum developer Max Resnick criticized in a post that a large number of on-chain "metrics" in the crypto industry are essentially a "scam", aiming to induce VCs to continue investing more funds into the industry. He specifically called out data related to Restaking, stating that "the same ETH is counted at least 10 times", and questioned the definition of metrics on many on-chain data platforms, saying, "Every time you carefully study how these websites calculate their metrics, you will find that they are either calculated incorrectly or meaningless, and cannot truly measure the data they claim to represent." Max Resnick also pointed out that the current performance of the cryptocurrency lending sector data continues to deteriorate, and stated that if the industry cannot face the reality and address the issues honestly, "the situation will only get worse." He believes that "the first step in solving a problem is to acknowledge that it is a problem." Previously, on December 10, 2024, Ethereum ecosystem developer Max Resnick stated in a post that he had quit his job at Consensys and moved to Anza, a Solana development company.
04:50
Another liquefied natural gas shipment from the UAE National Oil Company is transported through the Strait of Hormuz to India.
According to ship tracking data collected by the media, the "Umm Al Ashtan" vessel, managed by the logistics and services division of Abu Dhabi National Oil Company, was sighted northwest of Muscat, Oman after leaving the Strait of Hormuz, carrying cargo and listing its destination as India. The vessel stopped transmitting signals from May 2, at which point it was empty and anchored near the eastern entrance of the Strait of Hormuz. Satellite images indicate that during the period without signals, the ship appears to have loaded cargo at the export facility on Das Island, located behind the Strait of Hormuz and operated by Abu Dhabi National Oil Company. The images show that LNG carriers have been docked at Das Island, even though no vessels were broadcasting their positions near the facility.
04:47
Astarter releases multi chain expansion roadmap signal plan to extend to EVM and Solana ecosystems
The Cardano ecological infrastructure project Astarter has released a multi chain expansion roadmap signal in public materials, gradually extending its clearing layer infrastructure to mainstream public chain ecosystems such as EVM and Solana. The Astarter team believes that the Al Agent economy and DePIN network essentially run across chains, and the execution layer that only anchors a single public chain is structurally limited. Multi chain expansion is a crucial step for Astarter to reach all AI agent economic activities. The specific deployment goals and timeline for the second public chain will be announced in subsequent announcements. Cardano will still be retained as the basic anchor chain.
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