Tribe Callouts, Corrupt Officials Arrested, and Social Clearing: The Absurdity and Iron Laws of the Crypto World

A tech entrepreneur released a video that is quite peculiar. He is in an African tribe, explaining what Meme coins are to the villagers, and leading everyone in shouting the investment mantra: “Buy low, sell high.” They plan to launch a Meme coin called SPEAR, named after the tribe’s cultural symbol, “spear.”

The video spread rapidly, but the ensuing discussion deviated from the original intention. Many asked: Did the project team pay licensing fees to the tribe? Will the token revenue be used for tribal public welfare? Meanwhile, on-chain actions moved even faster, with more than ten identical SPEAR tokens appearing instantly, staging a classic “narrative scramble.”

From teaching financial slogans to on-chain snatching of “same models,” a complete crypto market process is unfolding against the backdrop of an primitive tribe, full of absurd contrasts. This perhaps reminds us that true “crypto enlightenment” should start with fair distribution and respect.

This week, an anti-corruption documentary unexpectedly became a real-world case study of blockchain technology application. The film revealed that Yao Qian, former director of the Science and Technology Supervision Department of the China Securities Regulatory Commission, used virtual currency to accept bribes. Investigators tracked the complete flow path of 2,000 ETH in 2018, like on-chain detectives.

They even uncovered how some of the ETH was exchanged, washed through multiple “vested account” layers, and ultimately formed a complete evidence chain for purchasing a villa in Beijing. This vivid case confirms an iron law: cryptocurrencies may offer some anonymity, but on-chain transaction records are permanently public and tamper-proof. Attempts to use new technology for covert transactions leave traces far more solid than imagined.

Market attention once again focuses on the price of $ETH. On January 16, $ETH hovered around $3300. From that price point, only a 51.6% increase is needed to break through the $5000 mark and hit a new all-time high. At this moment, nearly five months have passed since the $4956.78 high on August 24, 2025. The market is quietly waiting for the next milestone.

Social media platform X recently struck hard. Its product manager issued an announcement explicitly targeting the so-called “InfoFi” phenomenon. This phenomenon is especially common in crypto circles: project teams develop applications that directly incentivize users to post and reply wildly on X with money or tokens, creating a false sense of prosperity.

This has led to an “AI garbage dump” and rampant bot replies on the platform. X has now banned such reward-based posting applications from using its API and has revoked access rights. The announcement ends with a somewhat meaningful note: if developer accounts are suspended because of this, the platform will assist in migrating their business to competitors like Threads and Bluesky.

This heavy blow directly targets the behavior of “mining farms” that view social media as “farming grounds” for traffic. For ordinary users, the information flow may return to clarity; but for some crypto projects relying on “airdrops,” this is undoubtedly a cold winter notice.

From the ethical controversy of financial enlightenment in tribes, to irrefutable on-chain anti-corruption evidence, and then to social media’s crackdown on distorted incentives—this world continues to operate at a high speed amid absurdity and seriousness. But one rule seems eternal: in crypto, patience often yields more than anxiety.

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