Compiled by: Pzai, Foresight News

 

Crypto asset growth and usage trends

 

Crypto assets have experienced rapid growth, albeit from a small base. Growth has come both from native cryptocurrencies such as Bitcoin and Ethereum, and from stablecoins.

 

Cryptocurrency market capitalization chart

 

Cryptocurrency adoption by households and industries has so far been limited to holding crypto assets for investment purposes, crypto asset market capitalization remains low relative to other financial and physical assets, and growth to date does not appear to have cannibalized demand for Treasury securities. Crypto asset use cases are evolving, but interest is primarily along two tracks: Bitcoin’s primary use appears to be as a store of value in the DeFi world, aka “digital gold.” Speculative interest appears to have played a prominent role in crypto’s growth so far. Crypto asset markets are working to leverage blockchain and distributed ledger technology (DLT) to develop new applications and improve traditional financial market clearing and settlement infrastructure.

Compiled by: TechFlow

 

 

As the crypto market gradually recovers, although the opportunities for free money and airdrops are getting more and more competitive, there are still projects worth participating in.

 

TechFlow has compiled 76 potential airdrop projects, divided them into two categories according to the participation threshold: free participation and paid participation, and subdivided them according to project type (test network, protocol usage, tasks, etc.) under each category to help everyone better plan their airdrop strategies.

 

Free interactive classes

 

1. Testnet Project

 

【India】

Official Twitter: https://x.com/initia

Airdrop Guide:

Written by: Bai Zhen, Mankun Law Firm



As an international financial center, Hong Kong has a mature asset management system, which has been extended to the virtual asset sector. Starting in 2024, various crypto-friendly policies are attracting Web3 entrepreneurs to try to settle in Hong Kong. Bai Zhen, head of Mankun Law Firm's Hong Kong office, has found in past consultations that many Web3 entrepreneurs often have some confusion when choosing to establish a crypto fund in Hong Kong, such as distinguishing between various fund concepts, concerns about a complex regulatory environment, and cumbersome procedures.



If you have similar confusion, don't worry, Mankun Lawyers will provide answers for you.

Techub News reports that Ethereum researchers Justin Drake and Dankrad Feist have announced their resignation from the advisory position at EigenLayer. Drake noted that he resigned from this position in September and apologized to the Ethereum community and colleagues at the Ethereum Foundation. Drake stated that he will refuse all advisory, angel investment, and security committee positions in the future. Feist remarked, "Eigenlayer is a great project, and I hope it continues to complement Ethereum in many ways. However, there is still much important work to be done for Ethereum, and I will focus all my energy on completing that work."