"Shib Marketplace" reshapes digital asset trading

Recently, the Shiba Inu team announced a major project in its weekly magazine, the launch of the "Shib Marketplace", which will completely change the way digital assets are owned. This move symbolizes Shiba Inu’s further move away from centralized platforms and its commitment to user-controlled digital markets.

According to the announcement, "Shib Marketplace" will rely on Shiba Inu's Layer2 extended function solution Shibarium and utilize its transparent and secure transaction mechanism. Shibarium’s smart contract functionality will enforce agreements in the market, eliminating intermediaries and reducing the risk of fraud. In addition, Shibarium will also combine the security architecture of the Ethereum network to further enhance the reliability of transactions.

Ripple officially joins 250 top fintech companies

San Francisco-based blockchain enterprise company Ripple was recently named one of the top financial technology companies of the year by CNBC and German statistics portal Statista. Ripple joins the likes of Coinbase, OpenSea, Chainalysis and Ledger on the list of leading digital asset companies, an achievement that symbolizes Ripple’s important position in the fintech industry.

Image source: CNBC’s annual top financial technology companies in the “digital asset” category

Ripple said the company is honored to receive this honor and would like to thank all employees, customers and supporters for their support. This selection covers a total of 250 financial technology companies, divided into eight categories, including "payment", "digital assets", "financial planning", "new banking", "business process solutions", "wealth technology", "Alternative Finance" and "Banking Solutions". Among them, the “payment” category accounts for 24% of the market share, becoming the most important category.

Buterin calls for Ethereum network upgrade

Ethereum co-founder Vitalik Buterin (V God) recently once again called for important upgrades to the Ethereum network. When showing the deposit interface of Polymarket, Buterin expressed the flaws in the existing system and said that these upgrades can greatly improve the transaction process. efficiency. Emphasizing the need to introduce two new standards, ERC-3770 and ERC-7683, to improve user experience and enhance developer activities.

Source: X V God expressed the shortcomings of the existing system

According to Ethereum GitHub, ERC-3770 was created in August 2021, but has not yet been fully implemented. The purpose of this standard is to add an easy-to-read chain identifier before the on-chain address to solve the current problem of address ambiguity. Buterin believes that as the adoption of non-Ethereum mainnet chains increases, the implementation of ERC-3770 is already urgent, because in the current state, the risk of Ethereum users losing funds due to human errors is extremely high.

U.S. Department of Defense explores blockchain technology

The U.S. Senate Armed Services Committee proposed exploring the role of blockchain technology in national security and defense applications in the draft National Defense Authorization Act (NDAA) for Fiscal Year 2025. The draft was submitted to the Senate for consideration on July 9, stating: "The committee recognizes the potential for blockchain technology to have broader national security uses in the defense industry."

Blockchain technology was first mentioned in the FY 2018 NDAA, signaling the technology’s initial recognition in defense legislation. At that time, the U.S. House of Representatives added two blockchain-related amendments to the annual defense spending bill, requiring the Department of Defense to explore the potential of blockchain technology in offensive and defensive cyber capabilities and report its results within 180 days. The Department of Defense subsequently submitted a report assessing the application of blockchain in cybersecurity, its use in U.S. government and critical infrastructure networks, and its cyberattack vulnerabilities.

"Hamster Kombat" triggers surge in sales of massage equipment in Russia

In the world of digital entertainment, gaming is more than just a pastime; it can have a significant impact on the real economy. This is perfectly reflected in the recent popular TON blockchain game "Hamster Kombat". According to a report by the Russian media "Vedomosti", with the popularity of "Hamster Kombat", sales of electric massage equipment in Russia have surged, showing the potential driving force of digital games on the physical market.

"Hamster Kombat" is a viral game popular on Telegram. Players earn game coins by constantly clicking on virtual characters on the screen. These game coins can be used to upgrade and complete daily tasks. The game's simple yet addictive mechanics have attracted millions of players around the world, reaching 200 million users in just 73 days and adding 4 to 5 million new users daily. Even though the game doesn't offer real-life cash prizes, its popularity remains unstoppable.

Trump encounters sudden shooting incident

At a campaign rally in Pennsylvania, USA, former President Trump was escorted off the stage due to a shooting incident. The Secret Service acted quickly and transported Trump to a local medical facility for treatment. According to a Trump spokesman, the former president will be fine.

After the shooting, Trump can be seen in the video shrinking to his right, covering his ears and falling to the ground. Secret Service agents then quickly surrounded him and escorted him to his car. The video shows that there appears to be blood on the right side of Trump's head.

Gunman dead, one attendee killed

The "Digital Assets: Insights and Market Trends First Half of 2024" report is produced by CME Group and Glassnode. This report synthesizes a wide range of information, including price performance, on-chain analysis, industry events and derivative financial instrument data. Key highlights of the report include:

Market Overview: A broad understanding of the current state of the digital asset market, focusing on the major asset classes, their market caps, and the dominance of Bitcoin and Ethereum in the ecosystem.

Capital flows and market cycles: Analyze the capital flows of Bitcoin, Ethereum and stablecoins to gain an in-depth understanding of market cycles and investor behavior in different market stages.

Energy usage comparison of Bitcoin and AI

Recently, Bitcoin mining company Core Scientific (CORZ) signed a 200-megawatt cooperation agreement with cloud computing company CoreWeave. The former will modify some of its existing infrastructure to host the latter's high-performance computing GPUs. This collaboration symbolizes the formal intersection of Bitcoin and AI, two highly talked about industries.

Despite the popularity of both AI and Bitcoin in tech circles, the issue of energy use has not been at the forefront of discussions between proponents and opponents of AI. However, data centers will use 8% of the total U.S. electricity supply by 2030, up from just 3% in 2022, according to forecasts by investment bank Goldman Sachs. Research from French energy company Schneider Electric shows that by 2028, AI will account for 15% - 20% of data center energy needs, up from 8% in 2023.

BIS survey shows central banks turning to digital currencies and stablecoins

According to a comprehensive survey by the Bank for International Settlements (BIS) in 2023, 86 central banks around the world are actively developing central bank digital currencies (CBDC). This growing interest shows that countries are working to integrate digital currencies into mainstream financial systems, aiming to modernize payment mechanisms and enhance financial stability.

Source: BIS The black circles represent the Cayman Islands, Dominican Republic, European Central Bank, Fiji, Hong Kong SAR, Macau SAR, Seychelles and Singapore. Jurisdictions are divided into developed economies (AE) and emerging market and developing economies (EMDE) according to the World Economic Outlook classification of the International Monetary Fund (IMF).

YieldMax launches $FIAT ETF, offering inverse Coinbase stock exposure

While the cryptocurrency market continues to attract investors, financial company YieldMax bucks the trend and launches a new exchange-traded fund (ETF) - Short COIN Option Income Strategy ETF, with the trading symbol $FIAT (for a detailed prospectus summary, please click the link ). This ETF is designed to provide investors with inverse exposure to Coinbase Global stock (ticker: COIN), using a synthetic put option strategy to generate income regardless of how the stock performs.

The $FIAT ETF manages risk through the use of derivatives, including buying options on Coinbase stock and selling call options. This structure represents a bearish strategy aimed at profiting from a decline in Coinbase stock price. In addition, the fund sells short-term put options with an exercise price just below the current stock price to increase returns. However, due to the nature of the options strategy, the potential gains from this strategy would be limited if COIN stock price fell significantly.

The dazzling performance of Bitcoin, gold and silver

Robert Kiyosaki, a well-known investor and author of the best-selling financial book "Rich Dad Poor Dad," often expresses his views on the financial market on social platform X. He has always been hostile to fiat currencies, calling them "fake money" and has repeatedly warned that the stock market and the overall economic system are about to face a major collapse. However, Kiyosaki sees recessions as opportunities to invest in high-quality assets that become relatively cheap in a bear market.

In recent years, Kiyosaki’s name has been increasingly associated with Bitcoin, gold and silver. These assets performed particularly well in the first half of 2024. Until the end of the manuscript

In less than two days, our team and the global crypto community will celebrate Binance’s seventh anniversary, which will also be my first anniversary since taking over as CEO of Binance. By general standards, most companies that have been established for seven years are still in the early stages of growth and are ambitious new ventures; but in the crypto-asset industry, companies that have been established for seven years have almost always maintained their leadership position during this period. , Binance has become a highly experienced industry veteran, surviving and prospering through various development periods in the most rapidly changing industry in history.

What is a cold wallet?

A cold wallet (English: Cold Wallet) is a cryptocurrency wallet used to store personal cryptocurrency keys offline. Investment website Bankrate pointed out that the usual application mode of cold wallets is to store them on a physical device, so it is often called a "hardware wallet."

In other words, cold wallets do not connect to the Internet like hot wallets, but instead exist in the form of physical devices (such as USB drives or special hardware devices), which can effectively protect the keys from Hacking attacks on the Internet or theft of virus software.

Picture source: "Deep Wave TechFlow"

Two weeks ago, Solana’s Blink went viral.

We once wrote in "Interpretation of Solana Blink: One-click operation on the chain is embedded into social media. Is socialization the end of the circle?" 》Introduced in detail:

Blink allows you to embed on-chain functions directly on

But at that time, Blink only demonstrated the ability of "what can I do", and "how to do it specifically" was left open to the community and developers to explore.

Therefore, it is even more necessary for us to pay attention to new projects that do things around Blink.

Ethereum has been quite disappointing in terms of price performance since this bull run began. While Bitcoin managed to break out of its all-time high, rising more than 350% from its cycle lows, Ethereum appears to be lagging behind. Its price action has been slow, lacks clear catalysts, and has been relatively weak when Bitcoin prices spike.

Recently, however, it seems we have witnessed a shift in market sentiment. Now, the question on everyone’s mind is: Is it time for Ethereum to finally shine?

In today’s discussion, we’ll delve into this crucial question.

I never thought about becoming a KOL. The word "KOL" sounds a bit cheesy.

There is generally negative sentiment toward influencers and the influencer economy as a whole. I understand why, the crypto world is full of scammers who peddle and dump on fans, ultimately causing harm to the fans.

But not all KOLs are scammers. Money is not my motivation for posting on X, I originally posted because I was bored during the bear market of 2022.

Now, I'm bored again and asked on X what to write next. The most popular ideas were sharing insights into becoming a KOL, how to grow your audience, and revealing some secrets of cryptocurrency KOLs and marketing. Since I already have 100,000 followers on X, I thought it would be a good opportunity to share something different.

Ton Ecosystem is still relatively early. Ton has a good chance, but Ton Ecosystem’s projects may not have a chance for large funds.

After Ton started doing ecology in the second half of last year, we saw the first wave of Ton Ecosystem’s explosion this year. Overall, Ton Foundation's execution is very good, and it took less than a year to take shape.

Ton Foundation is very clear about what should be done decentralized and what should be done centrally. For example, wallets and payments are centralized. This was one of WeChat's core competitiveness at the time, and Ton also knew it very well. Only after solving the problem of fund custody security (everyone will trust TG's technology and wallets will not be lost), simple payment of funds (no need to pay with cumbersome bank cards, all chains use Ton's U), and simplicity and ease of use ( There is no need to go to MetaMask or OKX Wallet, or the 78 jumps to buy things on Taobao in the early years) to truly achieve the Web3 version of WeChat payment. Other ecologies adopt the Crypto Native approach, outsourcing everything and motivating the community to do it.

Scams and irresponsible culture in the currency circle

In an interview with YouTuber threadguy, cryptocurrency tycoon Andrew Tate severely criticized those currency KOLs who promote counterfeit coins, calling them "losers." Tate is dissatisfied with the lack of responsible behavior of cryptocurrency KOLs, especially those who have repeatedly promoted fraudulent tokens, causing investors to lose money.

Tate said bluntly in the interview: "In the entire cryptocurrency industry, all cryptocurrency KOLs are irresponsible because they continue to escape the charges of fraud... Cryptocurrency KOLs are a group of losers. If you still sit there and say... ...This person posted...So, this person is a fucking deceitful loser (sic)." Although he is also a cryptocurrency tycoon, Tate expressed that he is very disappointed with the "cryptocurrency circle." Because this industry is built on "deception." He emphasized the need to introduce more responsibility and integrity in the cryptocurrency world.

Let’s talk about the recent supply, demand and market conditions of Bitcoin. Below is an analysis of the situation regarding miners, the German government, ETFs and futures.

The miners surrendered and we're now in a bear market? the answer is negative.

The market was bearish until the hash rate rose (thin yellow line in the chart). Miners are selling and this happens after every halving as well. When the thin yellow line resumes its upward trend, it is basically a good buying opportunity.

Source: Foresight News

The main factor in this market panic is that the German government continues to sell seized Bitcoins.

Who is more popular in 2024, Dogecoin or Shiba Inu Coin?

In the cryptocurrency market, in addition to mainstream coins with strong fundamentals and technology coins that focus on developing infrastructure, the most popular and most unpredictable currency is meme coins.​

Currently, the two most famous meme coins with the highest market value on the market - Dogecoin ($DOGE) and Shiba Inu Coin ($SHIB), have developed from the initial "meme" to a market value of several Billion dollar top dollar assets.​

In the precarious year of 2024, although the cryptocurrency market has experienced huge fluctuations and countless projects have collapsed, Meme Coin still attracts the attention of many investors with its unique charm. Dogecoin and Shiba Inu Coin are even more popular. Continue to compete fiercely in their respective communities and strive to consolidate their market positions through effectiveness enhancement measures.​