PopGame Shines at Pop Chain Global Summit in Hong Kong | Ushering in a New Era of Web3 Entertainment

- The 2025 Bitcoin leverage liquidation crisis exposed critical DeFi vulnerabilities, triggering $1.3B in liquidations and destabilizing protocols like Balancer and Stream Finance. - Exploits in stable pools and opaque Curator models caused $160M in frozen funds, with Euler facing $137M in bad debt after Stream Finance's xUSD collapse. - Experts warn of systemic risks as DeFi's interconnectedness amplifies failures, while solutions like RedStone's Credora aim to address real-time credit monitoring gaps. -

- Bitcoin's November 2025 surge was driven by U.S. government shutdown-induced liquidity shifts and institutional adoption of ETFs. - BlackRock's ASX Bitcoin ETF launch and JPMorgan's $343M IBIT holdings signaled growing institutional confidence in crypto. - Harvard's $100M ETF allocation and staking-based products like Bitwise's Solana ETF highlight systematic capital inflows into crypto. - Despite $578M ETF outflows in November, Bitcoin's correlation with liquidity (0.85) and global regulatory alignment

- Modern Monetary Theory (MMT) sparks debate in 2025 as governments expand fiscal spending amid inflation and AI-driven economic shifts. - Proponents argue deficit spending boosts growth, while critics warn of inflation risks and fiscal unsustainability as U.S. deficits hit $7 trillion. - Fed officials clash over policy: Hammack prioritizes inflation control, while Jefferson advocates patience as AI reshapes labor markets. - MMT-driven liquidity could lift emerging markets if Fed rates stay low, but sudden