Editor’s Note: LianGuaiNews has selected high-quality content from the past week to help everyone catch up on any missed information during the weekend. Click on the titles to read more.
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- Reflecting on the Cryptocurrency Market Returning to Common Sense and Rationally Examining Market Chaos
- July NFT Industry Analysis Game and Music NFTs Lead the Growth, Opepen Sparks a Craze
- Interview=nil; Foundation Building a Proof Market to Achieve the Vision of Everything is ZK-able
Macro Perspective
BTC Drops Below $26,000 in the Short Term, Over 170,000 People Liquidated, Why Did It “Waterfall” in the Early Morning?
CoinGlass data shows that as of the time of writing, the market crash has resulted in over $1 billion in liquidation in the past 24 hours, including $472 million in Bitcoin liquidation and $302 million in Ethereum liquidation, with most of the affected positions being long positions.
Twitter Spaces Recap | Web3 Perspectives from Hong Kong and Taiwan: Similarities and Differences in Cryptocurrency Vision
On the evening of August 15th at 9 PM, LianGuaiNews invited Buji DAO—Raccoon Chan, 腦哥Chill塊鏈—腦哥, Senior Manager of Fintech, InvestHK—Terry Chan, and Principal of Investment—Ann Chien as guests on Twitter Spaces.
Interpreting Singapore’s Stablecoin Regulatory Framework: What Impact Will It Have on the Cryptocurrency Industry?
This article will analyze Singapore’s stablecoin regulatory framework in detail and provide insights into the future development trends of stablecoin regulation worldwide.
How Does Demand Drive Cryptocurrency Valuation? Reexamining BTC, ETH, and TRON
Due to the “stereotype” of being a store of value, BTC has held the top spot in the cryptocurrency market for 14 years, and no matter how excellent ETH is, it seems unable to surpass BTC.
Binance Research Institute Layer2 Report: Key Players and Development Trends
The L2 ecosystem has made significant progress in enhancing the industry’s scalability, efficiency, and usability.
Seizing Opportunities
As Cancun Upgrade Approaches, Who Is More Worth Investing in: OP or ARB?
The value sources, competitive advantages, and price projections of leading L2 projects.
LST Will Replace ETH as the New Underlying Asset, and LSDFi Is Expected to Open a 50x Incremental Market
Backed by a strong consensus underlying asset, LSD and LSDFi are continuously developing in supply-demand matching and supply-demand balance, and are about to enter three different stages of development, gaining more than 50x growth potential.
“Living Water” in the Cosmos Ecosystem: Entangle and Tenet, the Twin Titans of Full-Chain LSD
For Cosmos, the most powerful response to the statement “Cosmos is dead” is to truly produce a phenomenon-level Cosmos subchain. And the full-chain LSD track seems to have the opportunity to become this breakthrough.
Is it harder to get points than to reach the heavens? Gitcoin LianGuaissport’s ultimate guide to getting points, with 25 certifications in one article
Gitcoin is an Ethereum-based open-source donation project. As a donation platform, Gitcoin has raised early funds for many excellent projects, and these projects have also distributed airdrops to donating users, such as GTC, ENS, BrightID, and so on.
Web3 Matters
SEC expected to give the green light for Ethereum futures ETF: expected to be listed as early as October, with 16 applications pending approval
The US SEC plans to approve several Ethereum futures ETF products for listing by October 10th. So far, the number of applications has reached 16.
Unraveling the mystery of the Sei airdrop: Who is eligible to receive it? How to claim it?
In this article, LianGuaiNews will interpret the airdrop rules, the covered user groups, and the farce within.
Interpreting the current situation after the upgrade of Velodrome V2: Record-breaking revenue but token value not as high as the increased issuance
The Velodrome V2 upgrade has changed the fee model for transactions. The revenue for the past two epochs has exceeded the historical record before the upgrade, but the V2 upgrade has also increased the issuance speed of VELO, causing selling pressure.
MicroStrategy’s latest position of $4.5 billion in Bitcoin exposed, these eight Chinese listed companies also boldly bet on cryptocurrency assets
According to incomplete statistics, eight Chinese listed companies have officially announced the inclusion of cryptocurrency assets in their asset allocation strategies. Many of these institutions hold cryptocurrency assets with considerable value, with Meitu alone spending up to $100 million.
How can Base Chain without tokens lead the Onchain Summer?
Can Base, backed by Coinbase, bring the next billion users to the blockchain? Can its ecosystem projects such as Velodrome, DackieSwap, Baseswap, etc., stand out?
Who is behind Binance: Diversified and borderless, the “anonymous sailors” behind the giant wheel worth hundreds of billions
Binance is a rapidly growing exchange spread around the world. How do its employees organize and collaborate? What kind of people manage it and through what specific methods? How does it face increasingly severe challenges? Where are the potential problems? These questions need further exploration.
Web3 Games July Report: Strong rebound with $297 million in funding, virtual land hits a new low in a year
Despite the periodic fluctuations and challenges in the cryptocurrency market, the significant investments in the Web3 gaming sector in July demonstrate a certain level of optimism.
The Legend of NFT
DeGods’ trading volume surges but floor price plummets after the release of the third season of NFTs, what happened?
Recently, DeGods experienced a surge in trading volume after the second-generation project y00ts announced its migration to Ethereum. However, the positive news of the release of the third season of NFTs was met with community selling, including large-scale whale sell-offs. What happened to DeGods?
10 Ways NFTs are Promoting the African Tourism Industry
NFTs provide a unique opportunity to showcase and preserve various aspects of African cultural heritage. They also offer a global platform to raise awareness about the importance of conserving Africa’s natural wonders.
The Market for NFT Collections: Untangling the Misconceptions
Different cultural products should have different market logics.
Telling Stories, Offering Equity: Can Trip.com Explore NFTs Overseas?
Two months ago, Trip.com, the international brand of Ctrip Group, announced its NFT plan. The plan involves the creation of 10,000 Trekki NFTs, which feature dolphin-like characters and represent the company’s ambitions in the Web3 space.
Tech News
A Quick Look at a16z’s SNARK-based Zero-Knowledge Proof Tools: Lasso and Jolt
a16z Crypto has launched new SNARK-based technologies called Lasso and Jolt, providing a more efficient way to design SNARKs that makes it faster and easier for developers to understand. This could potentially promote the development of ZK-rollups in Layer2.
Exploring Hybrid Rollups: Advantages, Challenges, and Development Directions
This Bing Ventures article discusses the challenges faced by Rollup as a scalability solution from the perspective of public chain expansion. It explores issues such as security, decentralization, user experience, and cost-effectiveness, and proposes possible solutions and prospects for Rollup.
A Sneak Peek at Volition, Starknet’s Upcoming Release
Volition will allow developers to adjust the availability of data on Ethereum (L1) or Starknet (L2). Reducing the amount of on-chain data in L1 can fundamentally lower costs.
All About Precompiled Contracts in Blockchain Games
The two most promising blockchain game engines, Curio and Argus, have chosen to improve the query performance and adaptability to specific blockchain games by using customized nodes with precompiled contracts. So what exactly are precompiled contracts, and why can they improve performance? Find out in this informative article: All About Precompiled Contracts in Blockchain Games.
Key News
The Wall Street Journal: SLianGuaiceX Sells $373 Million Worth of Bitcoin Purchased between 2021 and 2022
The Pingnan Court Holds a Trial for the Timespace Cloud Lai Mouhang Leadership Pyramid Scheme Case Involving Over 600 Million Yuan
Shanxi Province Breaks a Criminal Chain Involving Money Laundering through the Sale of Cigarettes and Virtual Currency, Involving a Flow of Nearly 84 Million Yuan
Singapore Police Arrest Dozens of Foreign Suspects Involved in Money Laundering, Including 11 Documents Containing Virtual Asset Information
The seminar guided by the Supreme People’s Procuratorate discusses “the nature of virtual currency and the judicial disposal of virtual currency involved in cases.”
Dongyang court initiates the first round of fund recovery in a series of cases involving a total of 380 million yuan in cryptocurrency fraud.
Take-Two, the publisher of “Grand Theft Auto,” will launch its first encrypted game “Sugartown” on Ethereum.
Cryptocurrency exchange Txbit announces its closure on September 14th.
friend.tech will distribute reward points to test users starting from August 18th.
Coinbase is approved to offer futures trading to eligible US customers.
The Federal Reserve takes enforcement action against Farrington State Bank, which is affiliated with FTX.
Foreign media: Shibarium team may have difficulty recovering bridged assets, SHIB and BONE prices plummet.
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