{"id":748425,"date":"2026-03-18T09:36:31","date_gmt":"2026-03-18T01:36:31","guid":{"rendered":"https:\/\/www.alphaseek.cn\/?p=748425"},"modified":"2026-03-18T09:36:31","modified_gmt":"2026-03-18T01:36:31","slug":"%e9%87%8d%e7%a3%85%ef%bc%81%e7%be%8e%e5%9b%bd%e7%a1%ae%e7%ab%8b%e5%8a%a0%e5%af%86%e8%b5%84%e4%ba%a7%e4%ba%94%e7%b1%bb%e6%b3%95%ef%bc%8c%e4%b8%80%e7%af%87%e7%9c%8b%e6%87%82%e6%96%b0","status":"publish","type":"post","link":"https:\/\/www.alphaseek.cn\/?p=748425","title":{"rendered":"\u91cd\u78c5\uff01\u7f8e\u56fd\u786e\u7acb\u52a0\u5bc6\u8d44\u4ea7\u201c\u4e94\u7c7b\u6cd5\u201d\uff0c\u4e00\u7bc7\u770b\u61c2\u65b0\u76d1\u7ba1\u6846\u67b6\uff08\u7cbe\u534e\u7248\uff09"},"content":{"rendered":"<blockquote>\n<p><em>\u52a0\u5bc6\u8d44\u4ea7\u7684\u201c\u72c2\u91ce\u897f\u90e8\u201d\u65f6\u4ee3\uff0c\u6b63\u5f0f\u843d\u5e55\uff1f<\/em><\/p>\n<\/blockquote>\n<p>2026 \u5e74 3 \u6708 17 \u65e5\uff0c<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e7%be%8e%e5%9b%bd\" title=\"View all posts in \u7f8e\u56fd\" target=\"_blank\" class=\"tag_link\">\u7f8e\u56fd<\/a><a href=\"https:\/\/www.bitpush.news\/articles\/tag\/%e8%af%81%e5%88%b8\" title=\"\u67e5\u770b\u8bc1\u5238\u4e2d\u7684\u5168\u90e8\u6587\u7ae0\" target=\"_blank\" rel=\"noopener\">\u8bc1\u5238<\/a>\u4ea4\u6613\u59d4\u5458\u4f1a\uff08<span data-slug=\"sec\"><a href=\"https:\/\/www.bitpush.news\/articles\/tag\/sec\" title=\"\u67e5\u770bSEC\u4e2d\u7684\u5168\u90e8\u6587\u7ae0\" target=\"_blank\" rel=\"noopener\">SEC<\/a><\/span>\uff09\u4e0e<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e5%95%86%e5%93%81%e6%9c%9f%e8%b4%a7\" title=\"View all posts in \u5546\u54c1\u671f\u8d27\" target=\"_blank\" class=\"tag_link\">\u5546\u54c1\u671f\u8d27<\/a>\u4ea4\u6613\u59d4\u5458\u4f1a\uff08<span data-slug=\"cftc\"><a href=\"https:\/\/www.bitpush.news\/articles\/tag\/cftc\" title=\"\u67e5\u770bCFTC\u4e2d\u7684\u5168\u90e8\u6587\u7ae0\" target=\"_blank\" rel=\"noopener\">CFTC<\/a><\/span>\uff09\u8054\u5408\u53d1\u5e03\u4e86\u7f16\u53f7\u4e3a 33-11412\u7684 <a href=\"https:\/\/www.sec.gov\/files\/rules\/interp\/2026\/33-11412.pdf\" target=\"_self\" rel=\"noopener\">\u89e3\u91ca\u6027\u6587\u4ef6<\/a>\uff0c\u957f\u8fbe68\u9875\u7684<a href=\"https:\/\/www.bitpush.news\/articles\/tag\/%e7%9b%91%e7%ae%a1\" title=\"\u67e5\u770b\u76d1\u7ba1\u4e2d\u7684\u5168\u90e8\u6587\u7ae0\" target=\"_blank\" rel=\"noopener\">\u76d1\u7ba1<\/a>\u6846\u67b6\u6b63\u5f0f\u5ba3\u544a\uff1a\u7f8e\u56fd\u52a0\u5bc6\u76d1\u7ba1\u544a\u522b\u957f\u8fbe\u5341\u5e74\u7684\u201c\u4ee5\u6267\u6cd5\u4ee3\u76d1\u7ba1\u201d\u65f6\u4ee3\uff0c\u8fdb\u5165\u7531\u201cProject Crypto\u201d\u9a71\u52a8\u7684\u6e05\u6670\u5316\u3001\u548c\u8c10\u5316\u65b0\u7eaa\u5143\u3002<\/p>\n<p><img src=\"https:\/\/images.bitpush.news\/cn\/20260318\/177379236073619121.png\" title=\"1773791037737528.png\" style=\"display:block; margin-left:auto; margin-right:auto;\" alt=\"\u91cd\u78c5\uff01\u7f8e\u56fd\u786e\u7acb\u52a0\u5bc6\u8d44\u4ea7\u201c\u4e94\u7c7b\u6cd5\u201d\uff0c\u4e00\u7bc7\u770b\u61c2\u65b0\u76d1\u7ba1\u6846\u67b6\uff08\u7cbe\u534e\u7248\uff09\"\/><\/p>\n<p>\u8fd9\u4efd\u6587\u4ef6\u4e0d\u4ec5\u662f<a href=\"https:\/\/www.alphaseek.cn\/?tag=sec\" title=\"View all posts in SEC\" target=\"_blank\" class=\"tag_link\">SEC<\/a>\u4e0eCFTC\u7f55\u89c1\u7684\u76d1\u7ba1\u534f\u4f5c\u6210\u679c\uff0c\u66f4\u662f\u7f8e\u56fd\u52a0\u5bc6\u76d1\u7ba1\u53f2\u4e0a\u6700\u5177\u91cc\u7a0b\u7891\u610f\u4e49\u7684\u6307\u5bfc\u6027\u6587\u4ef6\u3002\u4ee5\u4e0b\u4e3a\u7cbe\u534e\u7248\u5168\u6587\u89e3\u8bfb\uff1a<\/p>\n<h3>\u4e00\u3001 \u80cc\u666f\uff1a\u4ece\u51b2\u7a81\u8d70\u5411\u534f\u4f5c\u7684\u201c<span>Project Crypto<\/span>\u201d<\/h3>\n<p>2017\u5e74\uff0cSEC\u901a\u8fc7\u300aThe DAO\u62a5\u544a\u300b\u9996\u6b21\u5c06<a href=\"https:\/\/www.bitpush.news\/articles\/tag\/howey\" title=\"\u67e5\u770bHowey\u4e2d\u7684\u5168\u90e8\u6587\u7ae0\" target=\"_blank\" rel=\"noopener\">Howey<\/a>\u6d4b\u8bd5\u5e94\u7528\u4e8e\u52a0\u5bc6\u8d44\u4ea7\uff0c\u6b64\u540e\u5341\u5e74\u95f4\uff0c\u76d1\u7ba1\u4e3b\u8981\u4f9d\u8d56\u6267\u6cd5\u884c\u52a8\u754c\u5b9a\u8d44\u4ea7\u5c5e\u6027\uff0c\u5e02\u573a\u957f\u671f\u5904\u4e8e\u4e0d\u786e\u5b9a\u6027\u4e0e\u4e89\u8bae\u4e4b\u4e2d\u3002<\/p>\n<p>2025\u5e74\u521d\uff0cSEC\u6210\u7acb\u201c\u52a0\u5bc6\u4efb\u52a1\u5c0f\u7ec4\u201d\uff08Crypto Task Force\uff09\uff0c\u968f\u540e\u542f\u52a8\u7531SEC\u4e3b\u5e2dPaul S. Atkins\u4e0eCFTC\u4e3b\u5e2dMichael S. Selig\u5171\u540c\u9886\u5bfc\u7684 \u201cProject Crypto\u201d \u5021\u8bae\uff0c\u65e8\u5728\u534f\u8c03\u4e24\u5927\u76d1\u7ba1\u673a\u6784\u804c\u6743\uff0c\u5efa\u7acb\u7edf\u4e00\u8d44\u4ea7\u5206\u7c7b\u6cd5\uff0c\u4e3a\u52a0\u5bc6<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e5%88%9b%e6%96%b0\" title=\"View all posts in \u521b\u65b0\" target=\"_blank\" class=\"tag_link\">\u521b\u65b0<\/a>\u7559\u5728\u7f8e\u56fd\u63d0\u4f9b\u660e\u786e\u8def\u5f84\u30022026\u5e741\u6708\uff0c\u8be5\u9879\u76ee\u6b63\u5f0f\u5347\u7ea7\u4e3aSEC\u4e0eCFTC\u8054\u5408\u884c\u52a8\u3002<\/p>\n<h3>\u4e8c\u3001 \u8d44\u4ea7\u5206\u7c7b\uff1a\u52a0\u5bc6\u8d44\u4ea7\u7684\u201c\u4e94\u7c7b\u6cd5\u201d\u903b\u8f91<\/h3>\n<p>\u6587\u4ef6\u57fa\u4e8e\u8d44\u4ea7\u7279\u5f81\u3001\u7528\u9014\u548c\u529f\u80fd\uff0c\u5c06\u52a0\u5bc6\u8d44\u4ea7\u5212\u5206\u4e3a\u4e94\u5927\u7c7b\u522b\uff0c\u9996\u6b21\u4e3a\u5e02\u573a\u63d0\u4f9b\u4e86\u6e05\u6670\u7684\u5206\u7c7b\u6807\u51c6\uff1a<\/p>\n<ol>\n<li>\n<p><strong>\u6570\u5b57\u5546\u54c1 (Digital Commodities)<\/strong><\/p>\n<p>\u5b9a\u4e49\uff1a\u6307\u90a3\u4e9b\u4ef7\u503c\u6e90\u4e8e\u201c\u529f\u80fd\u5316\u201d\u52a0\u5bc6\u7cfb\u7edf\u7684\u7a0b\u5e8f\u5316\u8fd0\u884c\u53ca\u4f9b\u9700\u52a8\u6001\uff0c\u800c\u975e\u4f9d\u8d56\u4ed6\u4eba\u7ba1\u7406\u52aa\u529b\u7684\u8d44\u4ea7 \u3002<\/p>\n<p>\u6838\u5fc3\u540d\u5355\uff1a\u6587\u4ef6\u660e\u786e\u70b9\u540d BTC\u3001ETH\u3001SOL\u3001XRP\u3001ADA\u3001DOT\u3001AVAX\u3001LINK \u7b49\u4e3b\u6d41<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e4%bb%a3%e5%b8%81\" title=\"View all posts in \u4ee3\u5e01\" target=\"_blank\" class=\"tag_link\">\u4ee3\u5e01<\/a>\u4e3a\u6570\u5b57\u5546\u54c1 \u3002\u8fd9\u4e9b\u8d44\u4ea7\u4e0d\u7531\u4efb\u4f55\u5355\u4e00\u4e2d\u5fc3\u5316\u5b9e\u4f53\u63a7\u5236\uff0c\u4e14\u4e0d\u5177\u5907\u4ea7\u751f\u88ab\u52a8\u6536\u76ca\u7684\u5185\u5728\u7ecf\u6d4e\u6743\u5229 \u3002<\/p>\n<\/li>\n<li>\n<p><strong>\u6570\u5b57\u8bc1\u5238 (Digital Securities)<\/strong><\/p>\n<p>\u5b9a\u4e49\uff1a\u5373\u201c\u4ee3\u5e01\u5316\u8bc1\u5238\u201d\uff0c\u6307\u4ee5\u52a0\u5bc6\u8d44\u4ea7\u5f62\u5f0f\u8868\u73b0\u7684\u4f20\u7edf\u8bc1\u5238\uff0c\u6216\u5177\u5907\u8bc1\u5238\u7ecf\u6d4e\u5b9e\u8d28\uff08\u5982\u4ee3\u8868\u4f01\u4e1a\u6240\u6709\u6743\u3001\u5206\u7ea2\u6743\uff09\u7684\u6570\u5b57\u8d44\u4ea7 \u3002<\/p>\n<p>\u76d1\u7ba1\uff1a\u65e0\u8bba\u662f\u5728\u94fe\u4e0a\u8fd8\u662f\u94fe\u4e0b\uff0c\u53ea\u8981\u7b26\u5408\u7ecf\u6d4e\u5b9e\u8d28\uff0c\u5373\u5c5e\u4e8e SEC \u76d1\u7ba1\u8303\u7574 \u3002<\/p>\n<\/li>\n<li>\n<p><strong>\u53d7\u76d1\u7ba1\u7684\u652f\u4ed8<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e7%a8%b3%e5%ae%9a%e5%b8%81\" title=\"View all posts in \u7a33\u5b9a\u5e01\" target=\"_blank\" class=\"tag_link\">\u7a33\u5b9a\u5e01<\/a> (Regulated Payment Stablecoins)<\/strong><\/p>\n<p>\u754c\u5b9a\uff1a\u7b26\u5408 2025 \u5e74\u300aGENIUS Act\u300b\u5b9a\u4e49\u7684\u3001\u7531\u51c6\u8bb8\u673a\u6784\u53d1\u884c\u7684\u7a33\u5b9a\u5e01 \u3002<\/p>\n<p>\u5b9a\u6027\uff1a\u8fd9\u7c7b\u7a33\u5b9a\u5e01\u88ab\u660e\u786e\u6392\u9664\u5728\u201c\u8bc1\u5238\u201d\u5b9a\u4e49\u4e4b\u5916\uff0c\u4e3b\u8981\u4f5c\u4e3a\u652f\u4ed8\u5de5\u5177\u53d7\u7279\u5b9a\u6cd5\u5f8b\u7ea6\u675f \u3002<\/p>\n<\/li>\n<li>\n<p><strong><span>\u6570\u5b57\u5de5\u5177 (Digital Tools)<\/span><\/strong><\/p>\n<p>\u7528\u9014\uff1a\u4ec5\u5728\u7279\u5b9a\u52a0\u5bc6\u7cfb\u7edf\u5185\u5177\u6709\u5b9e\u7528\u529f\u80fd\uff08\u5982\u8bbf\u95ee\u6743\u6216\u670d\u52a1\u652f\u4ed8\uff09\u7684\u4ee3\u5e01\uff0c\u901a\u5e38\u4e0d\u88ab\u89c6\u4e3a\u8bc1\u5238 \u3002<\/p>\n<\/li>\n<li>\n<p><strong><span>\u6570\u5b57\u6536\u85cf\u54c1 (Digital Collectibles)<\/span><\/strong><\/p>\n<p>\u5b9a\u4e49\uff1a\u65e8\u5728\u88ab\u6536\u85cf\u548c\/\u6216\u4f7f\u7528\u7684\u8d44\u4ea7\uff0c\u4ee3\u8868\u827a\u672f\u54c1\u3001\u97f3\u4e50\u3001\u89c6\u9891\u3001<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e6%b8%b8%e6%88%8f\" title=\"View all posts in \u6e38\u620f\" target=\"_blank\" class=\"tag_link\">\u6e38\u620f<\/a>\u5185\u7269\u54c1\u6216\u4e92\u8054\u7f51\u8ff7\u56e0\u7b49<\/p>\n<p>\u793a\u4f8b\uff1aCryptoPunks\u3001Chromie Squiggles\u3001WIF\u3001VCOIN\u7b49<\/p>\n<p>\u5b9a\u6027\uff1a\u672c\u8eab\u4e0d\u662f\u8bc1\u5238\uff0c\u4ef7\u503c\u6e90\u4e8e\u4f9b\u9700\u5173\u7cfb\u800c\u975e\u4ed6\u4eba\u7ba1\u7406\u52aa\u529b\u3002\u4f46\u82e5\u88ab\u788e\u7247\u5316\u5206\u5272\u51fa\u552e\uff0c\u53ef\u80fd\u6784\u6210\u8bc1\u5238\u3002<\/p>\n<\/li>\n<\/ol>\n<h3>\u4e09\u3001 \u521b\u65b0\uff1a\u8bc1\u5238\u5c5e\u6027\u7684\u201c\u5265\u79bb\u201d\u4e0e\u201c\u52a8\u6001\u8f6c\u6362\u201d<\/h3>\n<p>\u8fd9\u662f\u6587\u4ef6\u6700\u5177\u7a81\u7834\u6027\u7684\u6cd5\u5f8b\u521b\u65b0\u2014\u2014SEC\u9996\u6b21\u627f\u8ba4\uff1a\u52a0\u5bc6\u8d44\u4ea7\u7684\u201c\u8bc1\u5238\u5c5e\u6027\u201d\u5e76\u975e\u6c38\u4e45\u6027\u7684\u3002<\/p>\n<h4>\u201c\u5265\u79bb\u201d\uff08Separation\uff09\u673a\u5236<\/h4>\n<ul>\n<li>\n<p>\u539f\u7406\uff1a\u9879\u76ee\u5728<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e8%9e%8d%e8%b5%84\" title=\"View all posts in \u878d\u8d44\" target=\"_blank\" class=\"tag_link\">\u878d\u8d44<\/a>\u521d\u671f\u53ef\u80fd\u56e0\u7b26\u5408Howey\u6d4b\u8bd5\u88ab\u89c6\u4e3a\u8bc1\u5238\uff08<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e6%8a%95%e8%b5%84\" title=\"View all posts in \u6295\u8d44\" target=\"_blank\" class=\"tag_link\">\u6295\u8d44<\/a>\u5408\u540c\uff09\u3002\u4f46\u5f53\u9879\u76ee\u5b8c\u6210\u8def\u7ebf\u56fe\u3001\u5b9e\u73b0\u5f00\u6e90\u4ee3\u7801\u81ea\u4e3b\u8fd0\u884c\u3001\u7f51\u7edc\u6743\u529b\u53bb\u4e2d\u5fc3\u5316\u540e\uff0c\u8be5\u8d44\u4ea7\u53ef\u4ece\u6295\u8d44\u5408\u540c\u4e2d\u201c\u5265\u79bb\u201d\u51fa\u6765<\/p>\n<\/li>\n<li>\n<p>\u5224\u65ad\u6807\u51c6\uff1a\u5f53\u6295\u8d44\u8005\u4e0d\u518d\u5408\u7406\u4f9d\u8d56\u53d1\u884c\u4eba\u7684\u201c\u6838\u5fc3\u7ba1\u7406\u52aa\u529b\u201d\u83b7\u53d6\u5229\u6da6\uff0c\u800c\u662f\u4f9d\u8d56\u7cfb\u7edf\u672c\u8eab\u8fd0\u884c\u548c\u5e02\u573a\u4f9b\u9700\u65f6\uff0c\u8d44\u4ea7\u4fbf\u4ece\u201c\u8bc1\u5238\u201d\u8f6c\u53d8\u4e3a\u201c\u6570\u5b57\u5546\u54c1\u201d<\/p>\n<\/li>\n<li>\n<p>\u5265\u79bb\u65f6\u70b9\uff1a\u53ef\u5728\u8d44\u4ea7\u4ea4\u4ed8\u7ed9\u8d2d\u4e70\u8005\u65f6\u7acb\u5373\u53d1\u751f\uff0c\u4e5f\u53ef\u5728\u672a\u6765\u67d0\u4e2a\u65e5\u671f\u53d1\u751f<\/p>\n<\/li>\n<\/ul>\n<h4>\u5265\u79bb\u7684\u4e09\u79cd\u60c5\u5f62<\/h4>\n<ol>\n<li>\n<p>\u53d1\u884c\u4eba\u5b8c\u6210\u627f\u8bfa\uff1a\u5b8c\u6210\u6838\u5fc3\u7ba1\u7406\u52aa\u529b\u540e\uff0c\u5373\u4fbf\u7ee7\u7eed\u63d0\u4f9b\u975e\u6838\u5fc3\u7ef4\u62a4\uff0c\u8d44\u4ea7\u4e5f\u4e0d\u518d\u53d7\u6295\u8d44\u5408\u540c\u7ea6\u675f<\/p>\n<\/li>\n<li>\n<p>\u53d1\u884c\u4eba\u653e\u5f03\u9879\u76ee\uff1a\u82e5\u516c\u5f00\u5ba3\u5e03\u653e\u5f03\u5f00\u53d1\u4e14\u4e0d\u518d\u5c65\u884c\u627f\u8bfa\uff0c\u8d44\u4ea7\u8131\u79bb\u8bc1\u5238\u6cd5\u7ba1\u8f96\uff08\u4f46\u53d1\u884c\u4eba\u4ecd\u53ef\u80fd\u56e0\u6b3a\u8bc8\u627f\u62c5\u6cd5\u5f8b\u8d23\u4efb\uff09<\/p>\n<\/li>\n<li>\n<p>\u4e8c\u7ea7\u5e02\u573a\u4ea4\u6613\uff1a\u82e5\u540e\u7eed\u8d2d\u4e70\u8005\u4e0d\u518d\u5408\u7406\u9884\u671f\u4f9d\u8d56\u53d1\u884c\u4eba\u52aa\u529b\u83b7\u5229\uff0c\u4ea4\u6613\u4e0d\u6784\u6210\u8bc1\u5238\u4ea4\u6613<\/p>\n<\/li>\n<\/ol>\n<h4>\u900f\u660e\u5316\u5efa\u8bae<\/h4>\n<p>SEC\u9f13\u52b1\u9879\u76ee\u65b9\u516c\u5f00\u62ab\u9732\u8def\u7ebf\u56fe\u8fdb\u5ea6\u548c\u91cc\u7a0b\u7891\u8fbe\u6210\u60c5\u51b5\uff0c\u4ee5\u4fbf\u5e02\u573a\u8bc6\u522b\u201c\u5265\u79bb\u70b9\u201d\u3002<\/p>\n<h3>\u56db\u3001 \u94fe\u4e0a\u6d3b\u52a8\u7684\u5b9a\u6027\uff1a\u4e3a\u53bb\u4e2d\u5fc3\u5316\u201c\u626b\u96f7\u201d<\/h3>\n<p>\u9488\u5bf9\u957f\u671f\u4e89\u8bae\u7684\u8d28\u62bc\u3001\u6316\u77ff\u3001\u5305\u88c5\u3001\u7a7a\u6295\u7b49\u6d3b\u52a8\uff0c\u6587\u4ef6\u7ed9\u51fa\u4e86\u6781\u5176\u8be6\u7ec6\u4e14\u5229\u597d\u7684\u89e3\u91ca\uff1a<\/p>\n<p><strong>\u534f\u8bae\u6316\u77ff\uff08Protocol Mining\uff09<\/strong><\/p>\n<ul>\n<li>\n<p>\u5b9a\u6027\uff1aPoW\u6316\u77ff\u662f\u4fdd\u969c\u7f51\u7edc\u5b89\u5168\u3001\u9a8c\u8bc1\u4ea4\u6613\u7684\u201c\u884c\u653f\u6216\u4e8b\u52a1\u6027\u201d\u6d3b\u52a8<\/p>\n<\/li>\n<li>\n<p>\u7ed3\u8bba\uff1a\u65e0\u8bba\u662f solo \u6316\u77ff\u8fd8\u662f\u52a0\u5165\u77ff\u6c60\uff0c\u5747\u4e0d\u6d89\u53ca\u8bc1\u5238\u53d1\u884c<\/p>\n<\/li>\n<li>\n<p>\u77ff\u6c60\u8fd0\u8425\uff1a\u77ff\u6c60\u8fd0\u8425\u65b9\u7684\u6d3b\u52a8\u5c5e\u4e8e\u884c\u653f\u6027\u4e8b\u52a1\uff0c\u4e0d\u6784\u6210\u6838\u5fc3\u7ba1\u7406\u52aa\u529b<\/p>\n<\/li>\n<\/ul>\n<p><strong>\u534f\u8bae\u8d28\u62bc\uff08Protocol Staking\uff09<\/strong><\/p>\n<ul>\n<li>\n<p>\u5b9a\u6027\uff1a\u8d28\u62bc\u662f\u7ef4\u62a4\u7f51\u7edc\u8fd0\u884c\u7684\u884c\u653f\u6027\u6d3b\u52a8<\/p>\n<\/li>\n<li>\n<p>\u8986\u76d6\u8303\u56f4\uff1a\u5305\u62ec solo \u8d28\u62bc\u3001\u59d4\u6258\u7b2c\u4e09\u65b9\u8d28\u62bc\u3001\u6258\u7ba1\u8d28\u62bc\u3001\u6d41\u52a8\u6027\u8d28\u62bc<\/p>\n<\/li>\n<li>\n<p>\u6258\u7ba1\u8d28\u62bc\uff1a\u6258\u7ba1\u65b9\u4ee3\u7528\u6237\u8d28\u62bc\uff0c\u53ea\u8981\u4e0d\u6d89\u53ca\u8d44\u4ea7\u4e8c\u6b21\u51fa\u501f\u3001\u6760\u6746\u6216\u81ea\u7531\u88c1\u91cf\u4ea4\u6613\uff0c\u4e0d\u6784\u6210\u8bc1\u5238\u6d3b\u52a8<\/p>\n<\/li>\n<li>\n<p>\u914d\u5957\u670d\u52a1\uff1a slash \u4fdd\u9669\u3001\u63d0\u524d\u89e3\u8d28\u62bc\u3001\u7075\u6d3b\u6536\u76ca\u53d1\u653e\u3001\u8d44\u4ea7\u805a\u5408\u7b49\u8f85\u52a9\u670d\u52a1\uff0c\u5747\u5c5e\u884c\u653f\u6027\u4e8b\u52a1<\/p>\n<\/li>\n<\/ul>\n<p><strong>\u8d28\u62bc\u51ed\u8bc1\u4ee3\u5e01\uff08Staking Receipt Tokens\uff09<\/strong><\/p>\n<ul>\n<li>\n<p>\u5b9a\u6027\uff1a\u82e5\u5e95\u5c42\u8d44\u4ea7\u662f\u975e\u8bc1<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e5%88%b8%e5%95%86\" title=\"View all posts in \u5238\u5546\" target=\"_blank\" class=\"tag_link\">\u5238\u5546<\/a>\u54c1\u4e14\u4e0d\u53d7\u6295\u8d44\u5408\u540c\u7ea6\u675f\uff0c\u51ed\u8bc1\u672c\u8eab\u4e0d\u662f\u8bc1\u5238<\/p>\n<\/li>\n<li>\n<p>\u539f\u7406\uff1a\u51ed\u8bc1\u4ec5\u4f5c\u4e3a\u201c\u6536\u636e\u201d\u5b58\u5728\uff0c\u4e0d\u4ea7\u751f\u6536\u76ca\uff0c\u6536\u76ca\u6e90\u4e8e\u5e95\u5c42\u8d28\u62bc\u6d3b\u52a8<\/p>\n<\/li>\n<\/ul>\n<p><strong>\u5305\u88c5\u4ee3\u5e01\uff08Wrapping\uff09<\/strong><\/p>\n<ul>\n<li>\n<p>\u5b9a\u4e49\uff1a\u7528\u6237\u5c06\u52a0\u5bc6\u8d44\u4ea7\u5b58\u5165\u6258\u7ba1\u65b9\u6216\u8de8\u94fe\u6865\uff0c\u83b7\u5f971:1\u951a\u5b9a\u7684\u53ef\u8d4e\u56de\u5305\u88c5\u4ee3\u5e01<\/p>\n<\/li>\n<li>\n<p>\u5b9a\u6027\uff1a\u82e5\u5e95\u5c42\u8d44\u4ea7\u662f\u975e\u8bc1\u5238\u5546\u54c1\u4e14\u4e0d\u53d7\u6295\u8d44\u5408\u540c\u7ea6\u675f\uff0c\u5305\u88c5\u4ee3\u5e01\u5c5e\u4e8e\u201c\u884c\u653f\u6027\u804c\u80fd\u201d\uff0c\u65e8\u5728\u589e\u5f3a\u4e92\u64cd\u4f5c\u6027\uff0c\u4e0d\u6784\u6210\u8bc1\u5238\u4ea4\u6613<\/p>\n<\/li>\n<li>\n<p>\u5173\u952e\u9650\u5236\uff1a\u6258\u7ba1\u65b9\u5fc5\u987b\u9501\u5b9a\u8d44\u4ea7\uff0c\u4e0d\u5f97\u51fa\u501f\u3001\u62b5\u62bc\u6216\u518d\u8d28\u62bc<\/p>\n<\/li>\n<\/ul>\n<p><strong>\u7a7a\u6295\uff08Airdrops\uff09<\/strong><\/p>\n<ul>\n<li>\n<p>\u5b9a\u6027\u7a81\u7834\uff1a\u53ea\u8981\u63a5\u6536\u8005\u672a\u63d0\u4f9b\u91d1\u94b1\u3001\u5546\u54c1\u3001\u670d\u52a1\u6216\u5176\u4ed6\u5bf9\u4ef7\uff0c\u5c31\u4e0d\u7b26\u5408Howey\u6d4b\u8bd5\u4e2d\u7684\u201c\u91d1\u94b1\u6295\u8d44\u201d\u8981\u7d20<\/p>\n<\/li>\n<li>\n<p>\u9002\u7528\u573a\u666f\uff1a<\/p>\n<p>\u5411\u6301\u6709\u7279\u5b9a\u4ee3\u5e01\u7684\u94b1\u5305\u7a7a\u6295\uff0c\u4e14\u7a7a\u6295\u524d\u672a\u5ba3\u5e03<\/p>\n<p>\u5956\u52b1\u6d4b\u8bd5\u7f51\u65e9\u671f\u7528\u6237<\/p>\n<p>\u6839\u636e\u5e94\u7528\u4f7f\u7528\u60c5\u51b5\u5411\u7b26\u5408\u6761\u4ef6\u7528\u6237\u7a7a\u6295<\/p>\n<\/li>\n<li>\n<p>\u7ea2\u7ebf\uff1a\u82e5\u63a5\u6536\u8005\u9700\u63d0\u4f9b\u670d\u52a1\uff08\u5982\u793e\u4ea4<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e5%aa%92%e4%bd%93\" title=\"View all posts in \u5a92\u4f53\" target=\"_blank\" class=\"tag_link\">\u5a92\u4f53<\/a>\u63a8\u5e7f\uff09\u6362\u53d6\u7a7a\u6295\uff0c\u5219\u53ef\u80fd\u6784\u6210\u8bc1\u5238\u53d1\u884c<\/p>\n<\/li>\n<\/ul>\n<h3>\u4e94\u3001 \u7f8e\u56fd\u9886\u5bfc\u5730\u4f4d\u7684\u5de9\u56fa<\/h3>\n<p>\u6587\u4ef6\u5728\u672b\u5c3e\u8be6\u7ec6\u5206\u6790\u4e86\u5176\u7ecf\u6d4e\u610f\u4e49\uff1a<\/p>\n<ol>\n<li>\n<p>\u6d88\u9664\u201c\u5bd2\u8749\u6548\u5e94\u201d\uff1a\u901a\u8fc7\u63d0\u4f9b\u6cd5\u5f8b\u6e05\u6670\u5ea6\uff0c\u51cf\u5c11\u56e0\u5408\u89c4\u4e0d\u900f\u660e\u5bfc\u81f4\u7684\u4e1a\u52a1\u505c\u6ede\uff0c\u9f13\u52b1\u52a0\u5bc6\u521b\u65b0\u56de\u6d41\u7f8e\u56fd<\/p>\n<\/li>\n<li>\n<p>\u964d\u4f4e\u5408\u89c4\u6210\u672c\uff1a\u660e\u786e\u7684\u5206\u7c7b\u548c\u5265\u79bb\u8def\u5f84\u5927\u5e45\u964d\u4f4e\u4f01\u4e1a\u6cd5\u5f8b\u54a8\u8be2\u548c\u76d1\u7ba1\u5e94\u5bf9\u6210\u672c<\/p>\n<\/li>\n<li>\n<p>\u589e\u5f3a\u5e02\u573a\u900f\u660e\u5ea6\uff1a\u65b0\u6846\u67b6\u8981\u6c42\u5728\u201c\u6295\u8d44\u5408\u540c\u201d\u9636\u6bb5\u8fdb\u884c\u66f4\u7ec6\u81f4\u62ab\u9732\uff0c\u66f4\u597d\u4fdd\u62a4\u6295\u8d44\u8005<\/p>\n<\/li>\n<li>\n<p>\u4fc3\u8fdb\u7ade\u4e89\u4e0e\u521b\u65b0\uff1a\u6e05\u6670\u89c4\u5219\u5c06\u5438\u5f15\u66f4\u591a\u53d1\u884c\u4eba\u548c<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e5%88%9b%e4%b8%9a\" title=\"View all posts in \u521b\u4e1a\" target=\"_blank\" class=\"tag_link\">\u521b\u4e1a<\/a>\u8005\u8fdb\u5165\u5e02\u573a<\/p>\n<\/li>\n<li>\n<p>\u63d0\u5347\u5b9a\u4ef7\u6548\u7387\uff1a\u51cf\u5c11\u56e0\u4e0d\u786e\u5b9a\u6027\u5bfc\u81f4\u7684\u4ef7\u683c\u626d\u66f2<\/p>\n<\/li>\n<\/ol>\n<h3>\u516d\u3001\u76d1\u7ba1\u534f\u4f5c\u7684\u5386\u53f2\u6027\u7a81\u7834<\/h3>\n<p>\u4ece\u7ed3\u6784\u4e0a\u770b\uff0c\u6587\u4ef6\u5efa\u7acb\u4e86\u4e00\u5957\u6e05\u6670\u7684\u5206\u6790\u8def\u5f84\uff1a\u5148\u5206\u7c7b\u8d44\u4ea7\uff0c\u518d\u5224\u65ad\u4ea4\u6613\u7ed3\u6784\uff0c\u6700\u540e\u5206\u6790\u6295\u8d44\u5173\u7cfb\u662f\u5426\u6301\u7eed\u5b58\u5728\u3002<\/p>\n<p>\u66f4\u91cd\u8981\u7684\u662f\uff0c\u8fd9\u662fSEC\u4e0eCFTC\u5728\u52a0\u5bc6\u76d1\u7ba1\u95ee\u9898\u4e0a\u5c11\u89c1\u7684\u534f\u8c03\u7ed3\u679c\u3002\u6b64\u524d\u4e24\u673a\u6784\u5728\u201c\u8bc1\u5238vs\u5546\u54c1\u201d\u754c\u5b9a\u4e0a\u957f\u671f\u5b58\u5728\u5206\u6b67\uff0c\u800c\u672c\u6b21\u8054\u5408\u6846\u67b6\u5b9e\u8d28\u4e0a\u5bf9\u4e3b\u8981\u8d44\u4ea7\u7c7b\u522b\u7684\u5f52\u5c5e\u8fdb\u884c\u4e86\u521d\u6b65\u5212\u5206\uff0c\u6807\u5fd7\u7740\u7f8e\u56fd\u52a0\u5bc6\u76d1\u7ba1\u4ece\u201c\u673a\u6784\u6743\u8d23\u7ade\u4e89\u201d\u9636\u6bb5\uff0c\u6b63\u5f0f\u8f6c\u5411\u201c\u7edf\u4e00\u89c4\u5219\u4e3a\u57fa\u7840\u7684\u5206\u5de5\u4f53\u7cfb\u201d\u3002<\/p>\n<p>\u8fd9\u4efd68\u9875\u7684\u6587\u4ef6\uff0c\u4e0d\u4ec5\u7ec8\u7ed3\u4e86\u957f\u8fbe\u5341\u5e74\u7684\u76d1\u7ba1\u6df7\u6c8c\uff0c\u66f4\u786e\u7acb\u4e86\u7f8e\u56fd\u5728\u5168\u7403\u52a0\u5bc6\u76d1\u7ba1\u9886\u57df\u7684\u9886\u5bfc\u5730\u4f4d\u3002\u5bf9\u4e8e\u4ece\u4e1a\u8005\u800c\u8a00\uff0c\u8fd9\u662f\u4e00\u4efd\u5fc5\u8bfb\u7684\u201c\u884c\u4e1a\u5baa\u6cd5\u201d\uff1b\u5bf9\u4e8e\u6295\u8d44\u8005\u800c\u8a00\uff0c\u8fd9\u662f\u4e00\u4efd\u6e05\u6670\u7684\u201c\u7ef4\u6743\u6307\u5357\u201d\uff1b\u5bf9\u4e8e\u521b\u4e1a\u8005\u800c\u8a00\uff0c\u8fd9\u662f\u4e00\u4efd\u660e\u786e\u7684\u201c\u5408\u89c4\u8def\u7ebf\u56fe\u201d\u3002<\/p>\n<p><strong>\u52a0\u5bc6\u8d44\u4ea7\u7684\u201c\u72c2\u91ce\u897f\u90e8\u201d\u65f6\u4ee3\uff0c\u6b63\u5f0f\u843d\u5e55\u4e86\u3002<\/strong><\/p>\n<hr\/>\n<p>Twitter\uff1a<a href=\"https:\/\/twitter.com\/BitpushNewsCN\" target=\"_self\" rel=\"noopener\">https:\/\/twitter.com\/BitpushNewsCN<\/a><\/p>\n<p>\u6bd4\u63a8 TG \u4ea4\u6d41\u7fa4\uff1a<a href=\"https:\/\/t.me\/BitPushCommunity\" target=\"_self\" rel=\"noopener\">https:\/\/t.me\/BitPushCommunity<\/a><\/p>\n<p>\u6bd4\u63a8 TG \u8ba2\u9605\uff1a <a href=\"https:\/\/t.me\/bitpush\" target=\"_self\" rel=\"noopener\">https:\/\/t.me\/bitpush<\/a><\/p>\n<p>(\u6765\u6e90:\u6bd4\u63a8)                                                             <ins                                 data-ad-layout=\"in-article\"                                 data-ad-format=\"fluid\"                                 data-ad-client=\"ca-pub-8211126797345278\"                                 data-ad-slot=\"6642518713\"><\/ins>                                                                                                                                                                                                               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noopener\" href=\"https:\/\/www.bitpush.news\/articles\/7620501\" title=\"\u7a33\u5b9a\u5e01\u6536\u76ca\u4e89\u8bae\u5982\u4f55\u5361\u4f4f\u7f8e\u56fd\u52a0\u5bc6\u76d1\u7ba1\u7acb\u6cd5\uff1f\" target=\"_blank\">\u7a33\u5b9a\u5e01\u6536\u76ca\u4e89\u8bae\u5982\u4f55\u5361\u4f4f\u7f8e\u56fd\u52a0\u5bc6\u76d1\u7ba1\u7acb\u6cd5\uff1f<\/a> <span data=\"1773751533\" ><\/span><\/li>\n<li><a rel=\"bookmark noopener\" href=\"https:\/\/www.bitpush.news\/articles\/7620232\" title=\"\u62c6\u89e32.03\u4ebf\u7b14\u4ea4\u6613\u540e\uff0c\u6211\u4eec\u53d1\u73b0\u4e86Kalshi\u7684\u66b4\u5229\u771f\u76f8\" target=\"_blank\">\u62c6\u89e32.03\u4ebf\u7b14\u4ea4\u6613\u540e\uff0c\u6211\u4eec\u53d1\u73b0\u4e86Kalshi\u7684\u66b4\u5229\u771f\u76f8<\/a> <span data=\"1773686389\" ><\/span><\/li>\n<li><a rel=\"bookmark noopener\" href=\"https:\/\/www.bitpush.news\/articles\/7619151\" 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[&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[327],"tags":[271,71,319,158,252,85,31,280,241,321,370,367,144],"views":30,"_links":{"self":[{"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=\/wp\/v2\/posts\/748425"}],"collection":[{"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=748425"}],"version-history":[{"count":0,"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=\/wp\/v2\/posts\/748425\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=748425"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=748425"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=748425"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}