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About Based Finance
Based (BASED) Introduction
Based is a revolutionary Super App designed to meet the needs of modern digital traders. It seamlessly integrates spot and perpetual futures trading on Hyperliquid, offering access to a plethora of prediction markets. By bridging these functionalities, Based presents a potent platform that appeals to both traders looking to maximize their investments and those interested in forecasts and predictions. For more details on [Based (BASED)] and its community-driven initiatives, you can explore the provided data sources.
How Does Based Crypto Work?
Based Crypto operates as a multifaceted trading application. Users can trade both spot markets and engage with perpetual futures on Hyperliquid, a decentralized finance (DeFi) platform enabling low-cost transactions and high liquidity. Furthermore, Based opens the doors to hundreds of prediction markets, allowing users to forecast market trends supported by extensive analytics. This robust framework appeals to investors keen on diversified trading and meticulous market assessments, provided all in one compact digital environment.
How Do You Buy Based (BASED)?
To purchase Based (BASED), users should first register on WEEX to initiate their crypto trading endeavors. Once registered, log in on WEEX to access the marketplace where BASED/USDT trading can be executed. The streamlined process on WEEX caters to both novices and seasoned traders, ensuring a smooth entry into trading Based efficiently.
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OpenAI Reveals It Has Confidentially Submitted an S-1 to the SEC, Keeping the Door Open for a Future IPO
On June 9, according to an OpenAI announcement, the company recently confidentially submitted a draft S-1 registration statement to the U.S. Securities and Exchange Commission (SEC), beginning the preliminary compliance process for a potential initial public offering. OpenAI said it chose to disclose this proactively because it expected the news might leak; however, the company has not yet set a specific listing timeline, and related arrangements may still take some time.
Latest research from 13 top universities including Cornell University: The current state, challenges, and misconceptions of the fusion of Crypto and AI
The combination of AI and crypto is still in its early stages, with both serving as complementary "middleware": AI translates human intentions into executable programs, while cryptographic technology provides verifiable and tamper-proof guarantees for computational processes and results. In the dire...
Deconstructing Anthropic: The Best AI Company, Possibly Also a Type of Organizational Invention
Instead of competing with ambition, focusing on restraint, how does Anthropic leverage extreme strategic focus and an "counterintuitive" geek culture to counterattack OpenAI on the AI battlefield?
Apollo and Blackstone Reportedly Back $35 Billion Anthropic Chip Financing as Deal Details Remain Unclear
On June 9, according to currently available news alerts, Apollo and Blackstone Group participated in a $35 billion financing for an Anthropic “chip project.” Based on the original wording of the report, the funding has already been raised, but public information remains limited. The financing structure, use of proceeds, project entity, and whether Apollo and Blackstone participated through equity, debt, or project financing have not yet been disclosed.
Humanity Protocol Security Incident Escalates: More Than $31 Million Stolen From Related Addresses as Attacker Continues Selling H for ETH
On June 9, according to monitoring by Onchain Lens, more than $31 million has been stolen from addresses linked to Humanity Protocol, and the attack is still ongoing, with the hacker continuously swapping H tokens for ETH. Project founder Terence Kwok later confirmed the security incident on X, saying the issue involved a private key leak.
Bloomberg: As Bitcoin Weakens, Stablecoins and RWA Continue to Drive Expansion in Crypto Businesses
In June, Bloomberg reported that despite Bitcoin falling below $60,000 last week, wiping out about $235 billion in market value within seven days, and dropping close to 50% from last year’s peak, some core businesses in the crypto industry are still expanding, mainly in stablecoins, real-world asset tokenization (RWA), payments, and infrastructure. The report also noted that overall altcoin activity has contracted significantly: altcoin market capitalization has fallen from a peak of about $431 billion in November 2021 to around $170 billion, and among the tens of millions of tokens issued in recent years, fewer than 1,700 still maintain meaningful trading activity.
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