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Macro perspective

FBTC has seen a surge in capital inflows: becoming Fidelity's largest ETF, with more than 230 institutions holding positions

The total net asset value of the U.S. Bitcoin spot ETF has exceeded the $60 billion mark. In addition to BlackRock topping the list with assets exceeding $20 billion, Fidelity's large-scale capital inflows in recent times have also attracted attention.

From a gaming giant, a crypto mining tycoon to an AI arms dealer, here’s a look at Nvidia’s history

Looking back at Nvidia’s growth history, it has repeatedly hovered on the brink of failure and bankruptcy. Huang (Huang Renxun) once shouted: My will to live exceeds the will of almost everyone to kill me.

How the crypto industry is influencing the US election: Learn about the Super PAC Fairshake

In the past two months, Fairshake's name has frequently appeared in news about crypto institutions donating to PACs (Political Action Committees). Data from the U.S. Federal Election Commission shows that Fairshake received a total of $92.87 million in donations between January 1, 2023 and April 30, 2024. The main donors are all leading companies in the crypto industry, such as Coinbase, Ripple Labs, and Andreessen Horowitz (a16z).

Suspected of market manipulation? Retail investor leader investigated by US regulators

After posting huge delivery orders online, the leading retail investor was targeted by US regulators.

"Crypto New Money" is fierce, with more than $200 million invested in the 2024 US presidential election

Crypto PAC fundraising ranks third among all PACs participating in the 2024 election.

Arthur Hayes: The global interest rate cut cycle has begun. If not now, when?

In the current changing macro environment, Hayes recommends actively going long on Bitcoin and altcoins, and supports the issuance of tokens by new projects as the market is set to see a strong rebound.

VanEck's long "milky article": Ethereum is expected to rise to $22,000 by 2030

Adding a modest amount of cryptocurrencies (up to 6%) to a traditional 60/40 portfolio can substantially increase the portfolio’s Sharpe ratio with relatively little impact on drawdowns.

Bitcoin Ecosystem

Pendle of Bitcoin Ecosystem? Understanding Master Protocol in One Article

Master Protocol is an emerging interest rate swap market and points farm accelerator in the Bitcoin ecosystem. To some extent, we can regard it as the Pendle of the Bitcoin ecosystem, but we cannot regard it as a simple fork version of Pendle.

AVM: Bitcoin smart contracts based on simulated virtual machines

Introduce what AVM is, how it works and its future development.

Why is OP_CAT, which was deleted by Satoshi Nakamoto, being restored now?

A technical topic was discussed at the Bitcoin Asia Conference. Should the OP_CAT operation instruction be restored in the Bitcoin script language? Why is the restoration of an instruction discussed at an industry conference? Is it so important? What issues are involved in this matter? I believe many people will have related questions.

Rune knowledge popularization: block time, fee rate selection and related principles

A comprehensive introduction to block time, fee selection, and other blockchain knowledge! Here are some frequently asked questions, and the relevant principles are at the end.

For more related content, please check out the special topic: "Beyond Digital Gold: BRC-20 and Inscriptions, Opening a New Chapter for Bitcoin"

TON Ecosystem

Former Binance executive launches exchange Blum: targeting Telegram users, attracting tens of millions of users with mini-games

Blum’s trading function has not yet been launched, but it has already attracted 10 million users through the model of earning points through mining in small games.

Is there another NOT in the TON chain? A look at 9 active ecological projects

What are the projects still active in the TON ecosystem? BlockBeats will introduce 9 projects worth paying attention to and interacting with in this article.

How did Notcoin achieve a $2 billion increase in market value in one week?

Notcoin’s success may not be replicated.

TON Research Report Trilogy (1) 10,000 words to explain TON chain: revealing the core strength of future blockchain giants

This article takes an in-depth look at Toncoin’s technical architecture and market performance, revealing why it has attracted so much attention in a short period of time.

Seize the opportunity

Interpreting Binance’s latest Launchpool project IO.Net: With the triple halo of AI, DePIN, and Sol ecology, how should the market value it?

From the perspective of market-to-sales ratio, io.net's FDV range is US$1.67 billion to US$5.93 billion; from the perspective of market-to-chip ratio, its FDV range is US$20.6 billion to US$197.5 billion.

Crypto market outlook for June: Learn to observe market sentiment and find Beta benefits in the ETH ecosystem

Learn to observe market sentiment. The specific method is to go deep into the community, observe the comments of community members/community KOLs, and go to Twitter to see what the smart money says when market sentiment is high/low.

The first ERC-1919 token, how to play AIR on Base?

Degen is Degen, but just a few days ago, AIR on Base launched a new mechanism called ERC-1919. So what is this ERC-1919?

Talking about new things from three-party perspectives: How to find Alpha in the Base ecosystem?

Explore the reasons for Base's rise and opportunities beyond Social.

Web3

The Hong Kong Stock Exchange's licensing process has come to an end: only 2 are officially licensed, and 11 are considered to be licensed, with the background mainly being traditional institutions

Overall, the current applicants and licensed platforms are mostly local financial institutions in Hong Kong and companies with resources from mainland China. Almost all large crypto-native exchanges have withdrawn from the competition for Hong Kong licenses.

"MEME Amusement Park" Pump.fun: Token issuance accounts for more than 70% of Solana, and the 3-person team generates more than 30 million US dollars in revenue

Pump.fun, a small team with only three members, generated more than 30 million US dollars in revenue in less than four months. However, as its popularity soared, it was also questioned due to damage to user interests and chaos in live broadcasts.

Call the police if you lose money from cryptocurrency trading. A college student born in the 2000s was sentenced to 4 years in prison for fraud for issuing cryptocurrency?

On June 6, a fraud case involving virtual currency published by The Paper attracted widespread attention in China. The protagonist was a young college student born in the 2000s named Yang Qichao, who issued a virtual currency called BFF on an overseas public blockchain and quickly withdrew liquidity, causing investor Luo to lose 50,000 USDT coins.

A wolf in sheep's clothing: An analysis of fake Chrome extension theft

Browser extensions are almost as risky as running executable files directly, so be sure to review them carefully before installing.

LayerZero's "witches": We are the "tools" that create false prosperity on the chain, and we are also the "donkeys" that are killed after unloading

The largest witch hunt in history has come to an end. The "witch hunt" has gradually become a game of human nature, and the "fur-pulling" people who once had the upper hand are facing a dead end.

Dapper Labs case successfully settled: Flow confirmed as a decentralized blockchain, NBA Top Shot NFT is not a security

The successful settlement of the "Friel vs. Dapper Labs" case affirms Dapper Labs' firm position that NBA Top Shot Moments are not securities under U.S. federal law and that Flow is a fully decentralized, permissionless, and public chain that is not controlled by Dapper Labs.

AI face-changing and plug-in traps: two security incidents caused users to lose more than 10 million yuan

Just on June 3, two security incidents occurred. Slightly different from other incidents, both incidents were related to large exchanges and the process was quite bizarre. However, at the end of the story, some were happy and some were worried.

Meme coin trader: The ten Meme coins you bought might all be issued by me

Mac refused to disclose how many Meme coins he had participated in issuing, as he had witnessed the emergence and disappearance of too many Meme projects. "For me, a project is like a pet. I don't have high expectations for it. I have seen its entire life when it was born."

Technical

Starknet announced its entry into Bitcoin Layer2. Will it set off a new round of “bloodbath”?

Once Starknet breaks the shackles of the Ethereum mainnet, its potential will no longer be limited to layer2. Its ZK technology foundation, parallel transactions, Cario language and other original high-performance foundations will become its core advantages that distinguish it from other layer2s.

Is FHE the next step for ZK and the end of encryption technology?

Unlike ZK and MPC, FHE is even different from all current encryption algorithms. Except for FHE, any symmetric or asymmetric encryption technology is trying to create a "cryptographic system that is not easy or impossible to crack" to achieve absolute security, but the goal of FHE is to make the encrypted ciphertext work, that is, encryption and decryption are important, but the content after encryption and before decryption should not be wasted.

What is so special about L2 Taiko, which is highly praised by Vitalik?

How is Taiko different from other Layer2? What are the advantages and innovations of the technology behind Taiko?

A new interpretation of Movement’s public chain: How does “introducing Move into EVM” reshape Ethereum and Move?

Connecting the high-performance architecture of the Move system with the liquidity/user base of the EVM system is a perfect explosive point that integrates technical narrative and ecological logic.

Key Information

Shenzhen Municipal Local Financial Management Bureau issued a "Risk Warning on Virtual Currency Trading Speculation"

Several US stocks are suspected of abnormal market conditions, and the New York Stock Exchange said it is investigating related technical issues

Rich Dad Poor Dad author says he keeps buying more Bitcoin and other crypto assets because of incompetence of US leaders

He Yi: If any Binance employee accepts bribes, please report it. If verified, a full refund will be given with bonus.

Meme coin Turbo, developed with the help of ChatGPT, costs $69 to produce and currently has a market value of about $430 million

Buffett's Berkshire Hathaway stock price has plummeted 99% relative to Bitcoin since 2015

FTX settles $24 billion tax claim with IRS

New memecoin protocol ERC7660 token $BENCH has announced the contract address and deployed liquidity

Coinbase Launches Smart Wallet to Support Gas-Free Transactions Across Networks and Apps

The European Central Bank started a rate cut cycle, cutting interest rates by 25 basis points as planned

10x Research: Head and Shoulders Pattern Indicates Bitcoin Will Soon Rise Towards $83,000