1. Detailed explanation of "Real-time Ethereum" MegaETH
MegaETH is an upcoming L2 project, known as "Real-time Ethereum", with sub-millisecond latency and the ability to process over 100,000 transactions per second (TPS). It has just announced $20 million in seed funding at a valuation of over $100 million! Click to read
2. Golden Observation | TVL increased by more than 1 billion US dollars in a single month. What is special about Symbiotic, which is benchmarked against EigenLayer?
On July 4, the total locked value (TVL) of the re-staking project Symbiotic officially exceeded 1 billion US dollars, and the project has been online for less than a month. Previously, Symbiotic's TVL reached $200 million just two days after its launch, and has been rising ever since, and its pledge pool has reached the upper limit many times. When it announced the increase of multiple re-pledge pool upper limits, the project's TVL soared 3 times that day. Symbiotic is also a project favored by Paradigm and Lido, and raised $5.8 million in the seed round. As a new force in the re-pledge track, many industry insiders regard it as a competitor of EigenLayer. Click to read
3. Restaking War: Do we really need so many restaking players?
The restaking war is heating up. Challenging EigenLayer's monopoly is another new Lido-backed protocol, Symbiotic. The latest entrants have competitive advantages in protocol design and BD partnerships. Before we delve into the latest competitive dynamics in the restaking space, we need to understand what key risks exist in the space. Click to read
4. CKB and RGB++'s "ambitions"
When the RGB++ protocol was first launched, the market was very hot, and many people were discussing the impact of such a new technical protocol. The first use case of the "isomorphic binding" technology proposed by RGB++ combined the BTC network and the CKB network, which also triggered people's new understanding of the CKB network and had new expectations for its future development. But after a period of time, as the heat slowly dissipated, it seemed to fall silent. Click to read
5. What made Bitcoin fall below $60,000?
On July 3, the price of Bitcoin fell below the $60,000 mark-Mt. Gox may start releasing $9 billion worth of BTC. The price of Bitcoin has been on a downward trend since June, falling nearly 18% in the second quarter of 2024. Investors have been eagerly anticipating a break above the $70,000 mark to pave the way for new all-time highs, but the loss of the current $60,000 support could mean a longer price correction.Click to read