Tag Archives: highlights

Anndy Lian highlights real and fake decentralized projects

Anndy Lian highlights real and fake decentralized projects

Anndy Lian illustrates how to distinguish between real and fake decentralized projects.

According to Lian, genuine decentralized projects require broad community alignment, including tokenholder votes and open proposals. In contrast, projects claiming decentralization but where founders or VCs retain more than 51% voting power are not truly decentralized.

 

 

Lian’s scrutiny of decentralized governance structures aligns with his broader caution on financial transparency, having previously highlighted how inflation can be obscured by expansive money printing. Additionally, his advocacy for practical applications in the crypto sphere was demonstrated through his support for crypto donations to Shanghai animal shelters, underscoring the sector’s potential for real-world impact.

 

Source: https://tradersunion.com/news/market-voices/show/1319470-decentralized-projects/

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
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ZachXBT Highlights Aster’s Ties to ‘Known Grifters’ Wynn and Shillin Amid Wash-Trading Fallout

ZachXBT Highlights Aster’s Ties to ‘Known Grifters’ Wynn and Shillin Amid Wash-Trading Fallout

Blockchain investigator ZachXBT has criticized defenders of the decentralized exchange Aster amid growing concerns that the platform is inflating its trading volumes through wash trading.

The on-chain sleuth also highlighted the project’s connections to “known grifters,” including James Wynn and Alex “Shillin_Villain,” calling these associations the worst move Aster has made so far.

ZachXBT vs. Anndy Lian

ZachXBT’s comments followed remarks from Singaporean economist Anndy Lian, who defended the exchange and claimed that “all crypto projects have washed trades,” arguing such practices are commonplace in the industry.

“All crypto projects have washed trades. Only those that did not make it are not washed. No one is a saint here. Also, it depends on how much is washed,” Lian wrote on X.

Wash trading occurs when a trader or automated system simultaneously buys and sells the same asset to create the illusion of high trading volume, misleading investors about market liquidity and activity.

In response, ZachXBT wrote, “Such an awful take—normalizing wash trading is bad for the industry.”

 

He also questioned Lian’s claim of being “an observer,” suggesting bias in his commentary.

ZachXBT shared screenshots showing that Lian had written “zero posts about HYPE and only two posts mentioning Hyperliquid,” while “almost every other post is about Aster,” implying a lack of neutrality.

ZachXBT Calls Out Grifters

ZachXBT further alleged that Aster’s collaboration with “known grifters” in its promotional efforts was “the worst thing” the project could have done. He specifically named crypto traders Wynn and Shillin.

James Wynn, a pseudonymous trader, gained notoriety earlier this year for making massive leveraged bets on perpetual futures exchanges such as Hyperliquid.

His high-risk strategies attracted a large online following but also criticism after several well-documented liquidations reportedly wiped out most of his holdings.

Wynn has also faced accusations of promoting speculative tokens and memecoins without disclosing his potential financial interests.

“Shillin Villain,” another pseudonymous influencer, derives his name from the crypto slang term “shilling,” meaning the undisclosed promotion of a project for personal gain.

Aster’s DefiLlama Delisting

The controversy follows Aster’s delisting from data aggregator DefiLlama amid concerns about potential wash trading.

On Sunday, Oct. 5, DefiLlama’s founder, 0xngmi, wrote on X that the platform’s investigation had found Aster’s trading volumes “starting to mirror Binance perp volumes almost exactly.”

The founder shared charts showing Aster’s volume patterns, closely tracking Binance’s perpetuals market from late Saturday through Sunday.

“Aster doesn’t make it possible to get lower-level data such as who is making and filling orders. Until we can verify if there’s wash trading, Aster’s perpetuals will be delisted,” 0xngmi wrote.

 

Source: https://www.ccn.com/news/crypto/zachxbt-highlights-asters-grifters-wynn-shillin-wash-trading-fallout/

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
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Highlights of DeCC Day at Token2049 Singapore

Highlights of DeCC Day at Token2049 Singapore
The fifth Decentralized Confidential Computing (DeCC) Day was held at Token2049 Singapore. Strongly supported by SquidGrow, SilentSwap, Arcium, COTI, Partisia, TEN Protocol, and Novapolis, along with media partners from BlockLeaders, The Coin Republic, and Blockcast. The DeCC Day attracted large crowds and many interesting questions.

Lisa Loud, executive director of Secret Network Foundation, opened the day and spoke of two key conversations that were directly relevant to DeCC Day.

The first was a gathering at EthDenver in February where the DeCC Alliance first met, and first put together an overview and informal alliance of companies dedicated to promoting and delivering confidential computing. It is really important to note that the almost 30 companies under this umbrella use different technologies, and some are even directly competitive, but all have as a common goal confidential computing.

The second conversation germane to the DeCC Day was Lisa’s meetings with SEC Commissioner Hester Pierce. Lisa remarked to Hester that she really deserved the term CryptoMom for her hard work on behalf of crypto.

However, Hester replied she wasn’t a champion of crypto, she was a champion of people making their own decisions.

And to paraphrase the last line from Robert Frost’s poem ‘The Road not Taken’ that has made all the difference.

The DeCC Day carried on in style. The Silent Swap team were there in force and made a big announcement that their Beta was open. Supdoggie from the team gave a highly technical look at how SilentSwap is using TEE and FHE in its architecture.

Sodalabs, represented by Avishay Yanai, gave a talk on the tech behind Garbled Circuits, yet another technology added to the Alliance which already includes TEE, MPC, ZK and FHE.

The first panel, on the Importance of DePIN, was moderated by Crypto Megan. Her guests were Amar Bedi of Tashi, Alex Zaidelson of SCRT Labs and Anil Murty of Akash. The triple A guests were united in their comment that OpenAI is very closed – and that is why we need DePIN to democratize access to GPUs.

The Building Web3 Responsibly panel was moderated by Varuni Trivedi, editor of The Coin Republic and included LC of IBL Law, Joshua Maddox of COTI, Bruce Ahn of Partisia, and Zheng Leong Chua of Automata Network. Echoing shades of Games of Thrones, LC said ‘regulation is coming.’ Bruce said ‘Devs understand the rules.’ Zheng said ‘we love compliance,’ and Joshua said ‘we need to get dirty.’

Zoe McFox of Phala Network moderated the Power of DeCC panel. During this conversation, it was pointed out that in the military, there are armed guards securing databases with guns, and that we needed to find equally secure tech solutions. She was joined by Supdoggie, Yannick Schrade of Arcium and Kabal.

Finally, Anndy Lian, Governmental Blockchain Advisor, led the panel looking at commercial use cases. He was joined by Josh Wyant of Novapolis, Gavin Thomas of TEN, Cal of SquidGrow and Juan Mari of Blok Assets. During this panel it was observed that Vitalik’s lack of privacy is well documented with people tracking him through his publicly acknowledged wallets. But it’s the same for ordinary people who need protection also.

Throughout the presentations and discussions, the audience was engaged and every opportunity for questions to be asked was filled with participation and insightful answers.

The event ended with a powerful round of networking where relationships were built that will live on and keep the value of the event going for years to come.

 

Source: https://www.blockleaders.io/events/highlights-of-decc-day-at-token2049-singapore-

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
j j j