PANews Editor's Note: PANews has selected a week's worth of high-quality content to help you fill in the gaps during the weekend. Just click on the title to read.
Macro perspective
Bitwise: Ethereum's downturn is temporary and the market will soon re-evaluate its value
As the November election approaches and regulatory clarity emerges, the market may re-evaluate Ethereum.
Two years after Ethereum switched to PoS, data reveals the underlying reasons for ETH’s sluggish price
In order to further demonstrate the current development status of Ethereum and the challenges behind the doubts, PAData, a data column under PANews, comprehensively analyzed the changes in Ethereum's transaction fees, Blob fees and Layer2 demand, and the changes in Ethereum's pledged and locked amounts.
Looking at the Crypto Ponzi Dilemma from the Perspective of Physical Dissipative Systems
When evaluating the value of these projects, we need to reflect on the popular inherent thinking such as technological determinism, contextual determinism, Infra worship, etc., and return to products and growth.
Analysis of DePIN competition landscape: Top projects occupy 80% of the market but have little income, and a wave of capital inflows is coming
As one of the important drivers of cryptocurrencies going mainstream, the DePIN ecosystem has shown strong development momentum and has become one of the main investment lines that capital has flocked to so far. However, at this stage, the expansion of the DePIN market scale is mainly due to the "big strides" of the leading projects, and the overall profitability is limited, and it also faces risks such as supervision and network security.
Rigidity, bubbles, crises, breaking the ice, where is the future of the crypto market?
The current crypto market faces multiple challenges, including industry rigidity, bubble economy and insufficient liquidity. Although the launch of ETFs brings short-term benefits, it is not a long-term solution to the fundamental problems of the market.
The Fed’s big turn has begun, and BTC rebounds and surges
On Wednesday afternoon local time, Federal Reserve Chairman Jerome Powell announced that the benchmark interest rate would be cut by 50 basis points to a range of 4.75% – 5.0%, marking the start of a loose monetary policy cycle in the United States.
Token2049 Conference
Vitalik Buterin's speech at TOKEN2049: The crypto industry has entered a mature stage, and these future directions are exciting
Vitalik expressed his thoughts on a number of issues including user experience, transaction fees, and privacy protocols. He believes that the crypto industry needs to maintain the core value of decentralization while continuing to promote technological progress and serve the entire society.
Full text of Arthur Hayes’ speech at Token 2049: The market may collapse after the rate cut, but Ethereum may perform well
“It’s fucking fed day.” At Token 2049 held in Singapore on September 18, Arthur Hayes, CIO of Maelstrom Fund, delivered a keynote speech on the macroeconomic environment. His first sentence caused screams from the audience.
TOKEN2049 Conference Day 1 Focus: How to build a successful Web3 consumer application?
“You need to build a core group of users first, people who have similar user profiles and really enjoy using your product.”
How did celebrity Ansem and singer Iggy Azalea talk about meme coins at Singapore TOKEN2049?
“When discussing these meme tokens today, I focus on four key attributes: relatability, distribution, virality, and scalability.”
Bitcoin Ecosystem
Babylon has received mediocre response one month after its launch. Does the BTCFi narrative logic hold?
Does Babylon’s narrative logic of sustainable growth hold?
Thoughts after the explosion of fractal Bitcoin: technological innovation and token distribution
In today's sluggish market environment, what technological innovations does Fractal rely on to make the market pay for it, or is it crazy market maker behavior? Let us think about Fractal, the Bitcoin expansion solution.
Institutions are increasing their holdings and the ecosystem is in good momentum. Is the next Bitcoin bull market coming?
Recently, institutions have been buying large amounts of Bitcoin, the number of Bitcoin held by ETFs has continued to increase, and the Bitcoin ecosystem, such as Stacks and Fractal Bitcoin, is developing in full swing, all of which have the potential to drive a new round of market conditions.
For more related content, please check out the special topic: "Beyond Digital Gold: BRC-20 and Inscriptions, Opening a New Chapter for Bitcoin"
Seize the opportunity
Explore the Sonychain ecosystem: 60+ early projects and airdrop opportunities at a glance
Go Mainstream! Soneium, which is aimed at mainstream users, has attracted more than 60 ecological projects in half a month.
Solana Mobile launches Web3 mobile phone Seeker: pre-sales have exceeded 140,000 units, and it is planned to be released in mid-2025
Seeker is equipped with a mobile-first Seed Vault wallet and integrates the new Solana dApp store. In this article, PANews will take users through a quick tour of this long-awaited Web3 phone.
Understanding DAWN, which raised $33 million led by Dragonfly (with a tutorial)
Recently, the potential projects in the Depin track have shown unique value and prospects. In August, the project received another $18 million in financing led by Dragonfly (totaling $33 million), which attracted widespread attention. The Solana ecosystem has added a new star force.
A list of 21 early-stage cryptocurrency projects selected for the a16z Fall Accelerator
The selected companies come from 11 different countries and cover all levels of the cryptocurrency technology stack, from DeFi, infrastructure to consumer applications.
Web3
He Yi published a post to respond to the rumors about coin listing. Is Binance safe?
The co-founder of Binance responded to the anxiety and coin listing rumors in a long article, explaining his personal views and unique opinions on the crypto field in this cycle.
Exclusive interview with Sui co-founder Adeniyi Abiodun: We are not worried about competition from other chains
In a recent podcast hosted by Aquarius Fund, Adeniyi Abiodun, Co-founder and Chief Product Officer of Mysten Labs, was joined by two Asian KOLs, Dustin (@zchrhrhr) and Patrick (@connectfarm1), to share comprehensive insights into Sui Blockchain and the entire crypto ecosystem.
How can Web3 games improve their quality? Five key points that AAA studios focus on may be the answer
This article covers five key aspects - production, community, development, storytelling and updates. The experience and quality of these AAA games are also valuable to Web3 game developers.
Survey on the current status of MEV on various public chains: Arbitrage is the main focus on Ethereum, and sandwich attacks are still serious on Solana
MEV behaves differently on different public chains, from common arbitrage transactions on Ethereum, to serious sandwich attacks on Solana, to the MEV potential gradually emerging in public chains such as Bitcoin, BSC, and TRON. This article will review the MEV phenomenon of major public chains, analyze their different implementation paths, and their potential impact on users and networks.
CEX is caught up in the MEME gold rush. Does traffic come first or does value anchoring come first?
Recently, the leading exchange Binance has been questioned and criticized by the community after launching multiple MEME coins in succession. Whether to choose to follow hot traffic or stick to narrative value has become the biggest point of controversy.
DeFi project World Liberty Financial: Supported by the Trump family and crypto people, more than 60% of governance tokens are available to the public
The DeFi lending project World Liberty Financial is officially launched and will be regulated by the SEC. The project has been supported by the Trump family and crypto people. More than 60% of WLFI governance tokens will be sold to the public, but the team has not yet disclosed more substantive information.
Neiro and NEIRO are listed on Binance together: The battle between the "big king and the small king" has come to an end, and the Meme coin track has reached a turning point?
The NEIRO/Neiro dispute has come to an end, and Meme coin has left the "grassroots development stage".
Analysis of the effect of listing coins on the top five exchanges: How much can they drive the price of coins up? And how long will it last?
The meme track is the most popular; in the long run it will all fall back to where it was.
Technical
Analysis and comparison of XAI and B3: This is a contest between the two L3 players in the game, and also a showdown between Arbitrum and Base
B3 excels in the Asian market with its multi-chain compatibility and scalability, while XAI relies on Arbitrum technology and Binance Launchpool to achieve low-latency, high-throughput global expansion.
Building a modular L2 for Bitcoin and Ethereum? A brief analysis of Hemi, which has just received investment from Binance
Hemi is a modular L2 that enables scalability, security, and interoperability. It is currently available on the testnet and will be available on the mainnet in the fourth quarter of this year.
From Uber's "War Room", FaceID to various blockchain technologies, why is TEE so important?
In the long run, we expect that the value of applications and products that leverage TEE will exceed the infrastructure layer. However, it is important to note that users adopt these applications not because they use TEE, but because they are excellent products that solve real problems. We have seen this trend in wallets such as Capsule, which has a greatly improved user experience compared to browser wallets. Many DePIN projects may only use TEE for authentication, rather than as part of their core product, but they will also accumulate huge value.
AI×DePin: Co-evolution of intelligent infrastructure
With the popularity of Internet of Things (IoT) devices, edge computing has become an important direction for the development of AI. DePin can distribute computing tasks to edge devices close to data sources to improve computing efficiency and response speed. For example, smart home devices can use DePin to achieve localized AI reasoning and improve user experience.
Key Information
The Federal Reserve cut interest rates by 50 basis points, the first rate cut in four years
Trump suspected of another assassination attempt: Bitcoin rose first and then fell, and the financial market did not react significantly
QCP Capital: Market volatility will rise significantly after the Fed meeting
Ethereum Pectra upgrade confirmation is divided into two executions
Aleo mainnet is now live
Drug distributor Cencora pays hackers $75 million in Bitcoin ransom, setting a cyber extortion record
Binance: Did not acquire WazirX and is not responsible for the attack
MicroStrategy announces issuance of $875 million in convertible senior notes, with part of the net proceeds used to purchase Bitcoin
World Liberty Financial Operations Director: WLFI tokens have no pre-sale and will be regulated by the US SEC
Banana Gun: Less than 10 users were affected, the backend was not attacked, the problem may be caused by a frontend vulnerability
ZachXBT: Three hackers stole $243 million from a Genesis creditor in August via social engineering attack
BingX is suspected of being hacked, and $13.6 million of abnormal funds have flowed out
