BridgeNomad

The modular blockchain project Celestia is embroiled in a public relations crisis due to allegations of executives cashing out and interest transfers, leading to a significant decline in ecosystem activity and token performance. Although the co-founder stated that the company has sufficient funds, it still faces severe market and technical challenges.

The cornerstone of trust in the Web3 world: Repeated games and funding networks
In the Web3 ecosystem, we often consider immutable code as the ultimate guarantee of trust. However, this is merely the starting point of trust building. For digital assets, an immutable ledger is indeed reliable enough—such as Bitcoin's hard cap of 21 million coins, which lays the foundation of confidence in the blockchain world. The balance of an ERC20 token, the ownership of an NFT, or the completion of a cross-chain transaction has sufficient credibility as long as it is recorded on the chain, without relying on human factors or emotional judgments.
But for commercial entities, financial institutions, protocols, and project teams, an immutable ledger is just a basic function, an entry threshold. What truly earns trust is not that it "cannot be changed," but that it "cannot leave" and "does not want to leave" this ecosystem.
The path of trust in Web3 does not merely exist in consensus mechanisms.

The US inflation data for May showed lower than expected, leading to a Rebound in risk assets, but the crypto market first rose and then fell. Activity among large holders increased, resulting in significant transfers of Crypto Assets, and market sentiment gradually recovered. In the short term, it may face fluctuations, with a focus on the 108,720 point support level, while the medium-term trend remains bullish.

March 9, 2020, is destined to be recorded in the annals of financial history.
After the U.S. stock market encountered "Black Monday" in 1987, the circuit breaker mechanism was born. In the following decades, this mechanism was only activated for the first time on October 27, 1997, when the Dow Jones Industrial Average fell by 7.18%, the largest single-day drop since 1915.
However, on March 9, 2020, under the impact of multiple factors such as the spread of the COVID-19 pandemic, the U.S. presidential primary elections, and the plummeting oil prices, the U.S. stock market crashed again, triggering the second circuit breaker in history and causing turmoil in global stock markets.
At the same time, the cryptocurrency market was not spared either. Bitcoin, known as "digital gold," saw a decline of nearly 20% in just two days, dropping from $9,170 to $7,680, consecutively breaking through the two key support levels of $8,000 and $7,800. The liquidation amount of contract trades on several major exchanges reached nearly $700 million.

Rug Pull eyewash sweeps through the Crypto Assets world, leaving millions of investors as victims.
The Crypto Assets sector is facing an astonishing wave of eyecatching scams. According to data platform statistics, as many as 304,000 tokens exhibit varying degrees of Rug Pull behavior, with hundreds of "trap coins" appearing online every day. This criminal model, known as "Rug Pull" (carpet pulling fraud), is sweeping through the entire Crypto Assets world in an industrialized manner.
Data shows that there are 266,000 independent deployer addresses active on the Ethereum network, specifically engaged in the creation and promotion of fraudulent tokens. These "developers" utilize low-threshold coin issuance tools and a large user base to precisely cast their bait. Although the average profit of a single scam project on Ethereum is about $1.65 million, its massive base has resulted in a total income reaching an astronomical figure of $502 billion.
In

The Truth About Liquidity: 2024 Exchange Coin Effect Research Report
1. Research Introduction
1.1 Research Background
Since the beginning of this year, the market has sparked widespread discussion on VC tokens with high fully diluted valuations ( FDV ) but low circulating market capitalization ( MC ). With new tokens issued in 2024, the MC/FDV ratio has fallen to its lowest level in the past three years, indicating that a large number of tokens will be unlocked and enter the market in the future. Although the initial circulation is low, the market may push prices up in the short term due to increased demand, but this rise lacks sustainability. Once a large number of tokens are unlocked and enter the market, the risk of oversupply intensifies, and investors begin to worry that this market structure may not provide lasting support for price increases.
As a result, many investors' interest has started to shift from these VC tokens to Meme coins. The characteristic of Meme coins is that most tokens are fully unlocked at TGE, resulting in a higher liquidity.

The development of blockchain protocols is similar to the natural laws in the universe, showcasing a system composed of rules and consensus. Human imagination drives technological advancement, and blockchain continually evolves from this, marking the transition from data to value. In-depth research into protocols can enable the blockchain industry to develop in a safer and more efficient manner.

New Star of 3A Chain Games Big Time: Innovative Attempts at Game Quality and Economic Models
On October 11th, the highly anticipated AAA blockchain game Big Time officially launched its three-month preseason. Developed by industry veterans, this game emphasizes quality and playability, with gameplay similar to Diablo. Big Time also has a mechanism for earning money, allowing players to obtain the in-game token BIGTIME by farming dungeons and defeating monsters.
Recently, multiple trading platforms have launched the BIGTIME token, which has seen a significant price increase in a short period of time. This wealth effect is attracting more and more new players to enter the market, potentially triggering a new wave of gaming economic boom.
Game Overview
Big

Digital asset trading giant enters a new chapter: partnering with top racing teams to open a new landscape in the industry.
In the world of racing where speed and innovation intertwine, every moment can change the outcome, and every breakthrough is key to reaching the pinnacle. This February, a leading global digital asset trading platform announced an official partnership with a top racing team, marking a resonance in the spirit of innovation between two extreme challengers from different fields.
This collaboration not only reflects the significant progress of the trading platform in its globalization strategy but also coincides with the milestone of its twelfth anniversary. The platform has also released a brand new Chinese name, symbolizing a future that connects users to the world of digital assets with a more open attitude. At this critical moment, the platform's founder and CEO has put forward new strategic goals—creating a "next-generation super unicorn exchange" to welcome the next development cycle of the digital asset industry with a fresh look.

The Hong Kong Virtual Asset Market Through the Eyes of HashKey Exchange Executive Heddy Tsang
For Heddy Tsang, the responsible person and exchange supervisor of HashKey Exchange, "pulsation" is the keyword that resonates the most with her. Since the Hong Kong Securities and Futures Commission issued its position paper on the regulation of virtual asset trading platforms in November 2019, the virtual asset market in Hong Kong has undergone tremendous changes. In April of this year, Bitcoin and Ethereum ETFs were listed in Hong Kong, and in the second half of the year, brokerages have been entering the market one after another, vigorously promoting virtual asset trading services. As one of the only two licensed exchanges in Hong Kong, HashKey Exchange has undoubtedly become an important window for observing the development of the virtual asset market in Hong Kong.
HashKey Exchange, which just celebrated its one-year anniversary, has delivered an impressive report card: a total trading volume of

Bitcoin is experiencing a pullback in profits after fluctuating at high levels, but long-term investors are still accumulating coins. Despite facing certain pressures in the market, the future direction will be influenced by macroeconomic factors and policy changes, and investors need to follow closely.

The new President of South Korea, Lee Jae-myung, is actively promoting the development of digital assets. He has proposed a series of measures to support virtual asset ETFs, allow institutional investment, relax exchange regulations, and adjust tax policies, aiming to attract young voters and enhance market competitiveness, striving to make South Korea a "digital asset center."

From Doubt to Exploration: Trump's Evolving Stance on Crypto Assets
As a political figure known for his frankness, Trump's attitude towards Crypto Assets has shifted from strong skepticism to gradual involvement. With his upcoming speech at the Nashville Bitcoin conference, the industry is eagerly anticipating his latest views.
Initial statement: Crypto Assets are not real currency
On July 11, 2019, Trump publicly commented on Bitcoin and Crypto Assets for the first time. He stated that he does not recognize Bitcoin and other Crypto Assets, believing that they are not real currencies, have large value fluctuations, and lack substantial support. He also pointed out that unregulated Crypto Assets could encourage illegal activities, such as drug trafficking.
This statement has sparked widespread discussion in the financial and technology sectors. Supporters believe that Crypto Assets represent the future of financial technology, offering a more secure and transparent way of conducting transactions; opponents agree with Trump's viewpoint, emphasizing the risks and the need for regulation.

Regulatory Trends
Australian regulators have an open attitude towards Bitcoin ETFs.
The Australian Securities and Investments Commission (ASIC) recently clarified its stance on Bitcoin ETFs. The agency stated that it is open to Bitcoin ETFs as long as investor protection through appropriate regulations can be ensured. The regulator emphasized that Bitcoin ETFs are a product that may be launched, but any product listed on Australian exchanges must adhere to the appropriate rules of the specific market.
At the same time, the CEO of the Australian Securities Exchange also stated that although a cautious approach is currently being taken towards cryptocurrency-related products, they are actively considering the possibilities of these products. This statement reflects the gradual opening attitude of the Australian financial market towards crypto assets.
The State Council of China has issued new regulations mentioning virtual currency.
The Chinese government website issued a new State Council order on February 10. "Preventing and Handling Illegal

DEPIN: A highly anticipated emerging track in the Web3 field.
In the Web3 ecosystem, DEPIN is rapidly becoming one of the most关注的赛道. So, what is DEPIN? What is its relation to ordinary people? What is its development potential for the future? This article will delve into the concept, applications, and prospects of DEPIN.
The definition and importance of DEPIN
DEPIN stands for "Decentralized Physical Infrastructure Networks". It utilizes Web3's incentive mechanisms to integrate decentralized "fragmented resources" into service technologies that can be uniformly packaged and used by others.
The core of DEPIN lies in solving the problem of "large-scale collaboration". Traditionally, only large enterprises could invest heavily in infrastructure. But now, Web3 technology allows everyone to...

The US SEC approved 11 Bitcoin Spot ETFs.
Bitcoin迎来历史性时刻。美国证券交易委员会(SEC)批准了首批在美国上市的Bitcoin现货ETF。
The SEC announced that the 19b-4 filings submitted by the New York Stock Exchange, NASDAQ, and the Chicago Board Options Exchange have officially taken effect, allowing these markets to list Bitcoin Spot ETF trading as early as the 12th. The day before approval, the applying institutions announced a reduction in fees in preparation for competing for investor funds.
Reuters described this approval as "an important watershed between crypto finance and traditional finance." This move will give ordinary investors the opportunity to access Bitcoin.
Bloomberg's senior ETF analyst expects these ETFs to raise up to $4 billion on their first day of trading and to raise $50 billion within two years.
The SEC approved firms including BlackRock and Ark

Venice AI is a blockchain-based artificial intelligence platform focused on privacy protection and decentralization, integrating multiple open source large models, providing functionalities such as multimodal generation and API access. Although the no censorship policy guarantees user freedom, it also faces information risks and challenges in user experience. Since its launch in 2024, it has attracted 400,000 users and launched the VVV Token to support ecological development.