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
Is Ethereum lacking momentum to rise? ETFs saw a net outflow of more than $400 million in the first month of listing, and most on-chain indicators continued to be sluggish
At present, while the Ethereum spot ETF is experiencing a large outflow of funds, multiple weak trends such as the weak downward trend of ETH prices and sluggish trading activities have continuously undermined the market's confidence in Ethereum.
Escaping from the "Five Finger Mountain of Capital" is why we are so excited about "Black Myth: Wukong"
On August 20, the domestic 3A game “Black Myth: Wukong” was officially launched, and the game exploded on the entire network on the day of its launch.
The cryptocurrency food chain: How do young people fight back?
How to effectively build a professional network in the crypto space?
PSE Trading Macro Review: Overall data is bullish, Bitcoin bull market and alt season are coming
The collapse of the yen carry trade led to the liquidation of a large number of positions, and the market corrected its mistakes, with the Topix index leading a "deep V" reversal.
Democratic candidate Harris’ first clear economic policy: How the “opportunity economy” will affect the crypto world
In general, Harris's "Opportunity Economy" framework is an extreme left economic plan, which specifically refers to reducing the cost of living of Americans in four areas, including housing, medical care, food and daily necessities, and childcare, through the power of government policies. If implemented, this plan may once again push the cryptocurrency market to reproduce the trend of 2021, but it will be accompanied by the resurgence of inflation in the United States.
Bull market still here? Three Eastern crypto VCs discuss industry cycles, challenges and narratives
Cycles and narratives have always been the core topics of the global crypto market. In the past, the industry used the Bitcoin halving as a reference to perceive cycles and explore major narrative trends. However, after the approval of Bitcoin and Ethereum spot ETFs, the crypto market is highly coupled with the global financial market trends, and the variables affecting the crypto market trends are increasing.
The 500 billion virtual currency scam was finally solved! The main culprit fled to Thailand to become a monk and has now been extradited to China
Cheated the Chinese out of NT$500 billion of their hard-earned money: Malaysia’s biggest swindler finally got caught.
Bitcoin Ecosystem
Arthur Hayes: Ordinals Project "Fool Head" is something completely different, not an ordinary NFT
“This is not simply issuing NFTs on Bitcoin, but something completely different that focuses on what Bitcoin users really care about.”
Dialogue with Zulu Network co-founder: Innovating Bitcoin in Bitcoin’s way
Luke believes that Zulu’s ability to focus on the Bitcoin ecosystem and native asset innovation is its unique advantage in the Layer2 competition.
Testnet is "hard to get water", mainnet is about to be launched, count the top 10 ecological projects of Fractal Bitcoin
Covering games, DEX, Meme launch platforms, AI and NFT projects.
Binance participates in the investment. How will Ethereum's new L2 network Corn bring BTC into DeFi?
Corn launched tokenized Bitcoin BTCN and used BTCN as the network's gas fee and economic incentives.
Bitcoin staking project Babylon triggers a gas fee war on the chain. Retail investors who cannot win may turn to third-party restaking protocols
The first phase of the Babylon staking mainnet attracted a large number of crypto users to enter the market. This was expected by many veteran DeFi players, and many veteran players have turned their attention to other re-staking protocols in an attempt to make money from them.
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
Binance Research: Six themes to watch in the crypto market in the second half of the year
It involves multiple aspects and fields, such as the macro environment, Bitcoin ecosystem, ownership economic applications, real-world assets, etc.
A quick one-minute look at the 8 winning projects at ETHGlobal Superhack
Superhack runs from August 2nd to 16th, with a total prize pool of $200,000.
Arbitrum has preliminarily passed the staking empowerment proposal. Can the price of ARB tokens rise?
Considering the actual profitability of the network, the benefits are very limited.
Exclusive interview with Cellula: Why is the full-chain game of virtualized POW favored by Binance and OKX?
Cellula has built a brand new gaming economic model on the chain, allowing players to truly own and participate in the value creation of the game.
Cool Sloths, which is very popular in Aptos, what is its origin?
Cool Sloths, the latest alpha on Aptos?
Web3
"Archaeology" of 6 V God concepts MEME: D/ACC surge drives speculation, most market values fall to a fraction of their peak
In this article, PANews lists 6 Vitalik-concept MEME coins. These projects have seen hundreds or thousands of times of increase, and the "money prospects" are attractive, but most of them have spiraled down after the heat cooled down, and the market size is only a fraction of it. Recently, due to Vitalik's expected hype, these MEMEs have rebounded to varying degrees, but the hype sentiment has limited room for increasing market value.
PayPal's PYUSD leaps to sixth place in stablecoins: Leveraging Solana and high APY, its scale has more than doubled in the past three months
Looking back at the development in the past year, leveraging Solana is undoubtedly a key turning point for the expansion of the PYUSD market, and the real money subsidies and the expansion of application scenarios are making it more competitive.
Aave is seriously undervalued? Why it is a core pillar of DeFi and on-chain economy
Aave is the largest and most proven lending protocol.
Chaos Labs, an on-chain risk control company that received $55 million in financing: The founder was a former Israeli special forces soldier and designed an anti-witch mechanism for Layer Zero
The amount of $55 million makes Chaos Labs the most funded startup in the recent crypto field, but this company that is favored by capital does not seem to be well known to the public and is quite mysterious.
The reward token liquidity pool is only $52. Who is playing the Tapos game that pushes Aptos' daily transaction volume to 300 million transactions?
Judging from the data, Tapos is a popular on-chain game. However, judging from the discussion topics on social media and other data, the number of Tapos users is far less than what is advertised.
Sahara AI’s ambition: Can it find a true desert oasis in the field of AI+Crypto?
In this era of rapidly evolving AI and encryption technologies, Sahara AI represents a bold attempt.
ServerFi: The future evolution of GameFi or a new round of false proposition?
The future development of GameFi needs to return to the essence of the game and attract players with fun content rather than relying on economic models. It will take time to test whether ServerFi can truly break through.
Technical
Delphi Digital: L1 native layer expansion, a brief analysis of parallel execution solutions
Parallel execution is often hailed as the key to blockchain scaling and mass adoption, potentially attracting "billions of users."
a16z: Three optimal solutions to solve the core problems of public key cryptography
Phone numbers can be sorted trivially, but sorting arbitrary strings can be complex or even impossible because the number of groups can be very large or infinite. This complexity can be mitigated by providing a separate contract to compute this mapping, or by using the cuckoo-hashing approach proposed in subsequent work.
Interpreting the new proposal ACP-77, how to unlock Avalanche L1?
ACP-77 is a community proposal that will overhaul the design of creating and managing Avalanche L1s, bringing more flexibility and autonomy to Avalanche L1 validators. Avalanche L1 validators will no longer need to validate the main network and stake at least 2,000 AVAX.
Make Ethereum L1 Great Again: Refactoring the execution layer of Ethereum mainnet
If L1 and L2 are separated, what will happen from the perspective of Ethereum’s own performance optimization?
Key Information
The Supreme People's Court and the Supreme People's Procuratorate issued the latest judicial interpretation: virtual asset transactions are listed as a method of money laundering
Foreign media: Zhao Changpeng has left prison, but is still in custody
U.S. Bureau of Labor Statistics: U.S. non-farm payrolls revised down by 818,000 in March 2024
Sony announces launch of Ethereum-based Layer-2 network 'Soneium'
Vitalik teases the release of Ethereum’s “bull chart”
Matrixport: With the changes in the macroeconomic situation, the Bitcoin market may usher in a new round of surge
Source: US SEC rejected Cboe's 19b-4 application for Solana spot ETF
Analysis: ZKsync Era’s daily revenue plummeted after the airdrop, highlighting the plight of the Layer2 market
Puffer Finance updates roadmap: TGE is planned for early Q4
Magic Eden expands beyond NFTs and now allows token swaps through its mobile app
