1.Multicoin: Understand BTC native application platform Arch and why it pays more attention to BTC programmability
On May 9, 2024, Multicoin announced that it led the $7 million seed round of financing for Bitcoin native application platform Arch. Arch unlocks the potential of bridgeless decentralized finance (DeFi) on Bitcoin, the world's most valuable blockchain. Other investors participating in this round of financing include OKX Ventures, Big Brain Holdings, Portal Ventures, CMS Holdings, Tangent, etc. Click to read
2. Understand the 54th project of Binance New Coin Mining Notcoin (NOT) in one article
On May 9, 2024, Binance issued an announcement stating that Binance New Coin Mining has now launched the 54th project - Notcoin (NOT), a community token that introduces users to web3 through a click-to-earn mining and a click-to-earn mining mechanism. Click to read
3. Pantera Partner: Understanding P2P Lending Protocol Morpho
DeFi is completely changing the way we think about financial services, challenging traditional banks and loan structures through breakthrough innovations. Among the various protocols on Ethereum, Morpho stands out and recently surpassed Compound in total lending value. This achievement not only highlights the effectiveness of Morpho's innovative lending model, but also marks a broader shift in digital asset management across the DeFi space. Originally known for its peer-to-peer lending through Morpho Optimizers, Morpho has further evolved with the launch of Morpho Blue, a model that enhances traditional pool-based lending systems to provide more efficient and adaptable financial solutions. Click to read
4. What is FTX's next step after the creditor repayment proposal?
FTX's latest plan to repay creditors is another step in a process that may require more negotiation and time. In other words, this story is not over yet. Click to read
5. Nansen analyst: Altcoins will bottom out before the early summer bull run
Popular cryptocurrency analyst Rekt Capital wrote in an article on May 8 that based on historical chart patterns, altcoins may reach a price bottom around early June.