1. Understand the projects and development status of the three giants of chain abstraction, Axelar, Wormhole, and LayerZero
Cross-chain bridges, chain interoperability, account abstraction, etc. can all be attributed to the chain abstraction track, and this concept was proposed by the co-founder of Near. Chain abstraction is to solve interoperability problems such as cross-chain communication, asset transfer, and cross-chain smart contract calls between different chains by building a universal all-purpose smart contract.
The recent LayerZero airdrop detection witch incident has caused a lot of discussion in the community, and the market focus has once again gathered on the chain interoperability track. At present, the projects in this sector generally have a lot of financing and high valuations. This article selects three representative projects, Axelar, Wormhole, and LayerZero, as samples to sort out and analyze their latest progress. Click to read
2. Bitcoin Renaissance: The Evolution of the World's First Public Chain
Despite many efforts to enhance the network in the past, value transfer remained the primary function of Bitcoin for more than a decade until the launch of Ordinals in late 2022. Ordinals brings NFTs (non-fungible tokens) to Bitcoin, marking a major change for Bitcoin. A shift in user and developer perspectives. With the successful integration of Ordinals, more and more users and developers now view Bitcoin as fertile ground for experimentation. This is reflected in two key aspects. First, it expands Bitcoin's functionality. The evolving Bitcoin Layer 2 solution ecosystem is prompting people to explore more possibilities of the Bitcoin network. Secondly, given the escalating main chain activity and rising transaction fees, efforts are being made to increase the main chain transaction throughput. Click to read
3. Bankless Lianchuang: Will Ethereum miss this bull market?
"Ethereum will miss this bull market cycle". I have heard this view among investors since at least September 2023.
Crypto jumping over them means ETH is underperforming, e.g. ETH is underperforming BTC or barely beating BTC.
Now, you can look at this from the perspective of people who don't like Ethereum, who think "Ethereum is dead" and has been replaced by "newer technology". I think this is a boring one-dimensional view, and is demonstrably wrong. I am still a full-on ETH bull. Click to read
4. Tether made a profit of $4.5 billion in the first quarter and entered into Bitcoin mining, AI and education
During the period when FTX and other industry giants failed, most areas of the cryptocurrency world collapsed. However, in this storm, Tether stood out and showed a booming development trend. Click to read
5. One article explains: Why do Web3 companies gather in Hong Kong?
Hong Kong has always been an international financial center, business center and shipping center due to its location, history and the advantages of "one country, two systems". It plays an important role in the global financial market. Hong Kong has a sound financial system and complete financial infrastructure, a huge financial market scale, a stable legal system and a transparent and independent judicial system, which has opened up a stable business environment and a profitable institutional framework for the development of the financial industry. Click to read