1. Fortune reveals Polymarket: The low-key 26-year-old dropout founder and the regulatory challenges he faces
In 2008, CNN’s John King and his “magic wall” of colorful election data emerged. Later cycles saw the rise of “the two Nates” (Nate Silver and Nate Cohn), whose statistical journalism made gimmicks like the New York Times’ prediction needle a fixture of political coverage. Click to read
2. 2024 BTC Mining Semi-annual Report: Miners and Capital Markets, AI Revolution, M&A Activities and Future Computing Power
The first half of 2024 is a critical period for the Bitcoin mining industry, with significant changes in the economic situation and evolving market dynamics. Miners have experienced a roller coaster of economic changes, with a strong performance at the beginning of the year until the fourth Bitcoin halving event, which subsequently caused the hash price to fall to an all-time low. Despite these fluctuations, large miners have remained steadfast in their growth trajectory, and the post-halving economic downturn has spurred a wave of M&A activity in the field as miners seek to consolidate and benefit from scale. Click to read
3. Coprocessors: Key use cases and noteworthy coprocessor projects
Blockchain has undergone significant development and changes and has become a core technology in various fields such as financial services and supply chain management. By improving the security, transparency and efficiency of transactions, as well as the creation of dApps and smart contracts, blockchain solves major problems such as trust, fraud prevention and data immutability. Click to read
4.35 "dead" crypto VC projects "autopsy report": a total of more than 1.1 billion US dollars in financing DeFi, NFT and games have the highest failure rate
On July 30, Starknet ecosystem derivative DEX ZKX claimed that it would cease operations due to a serious imbalance between income and expenditure, which was questioned and condemned by the community. It should be noted that the protocol officially announced that it had received $7.6 million in strategic financing more than a month ago. In fact, under multiple tests such as tightening funds, liquidity risks and industry downturn, the survival index of crypto projects has skyrocketed, even those that were once favored by capital. According to a report by Coingecko at the beginning of this year, 14,039 cryptocurrencies have "died" since 2024, accounting for more than 50%, and most of the projects appeared during the bull market from 2020 to 2021. During the last bull market alone, about 70% of the 11,000 crypto projects ceased operations. Click to read
5. In the second half of the competition among hundreds of chains, where will the BTC layer2 market go?
Recently, the entire primary and secondary markets have been under a dark cloud of depression, and many people have asked, what is the next step for BTC layer2? The answer is obviously not as simple as Eastern and Western capital not taking over each other. After in-depth research on multiple representative projects, I have a deep understanding. Click to read
