1. Telegram launches new gift market, a step closer to social transactions
On May 9, Telegram launched the gift market, an NFT collectibles market based on the TON chain. In October 2024, Telegram launched the "Gift" feature, where users can send personalized animated artworks and messages to contacts. These gifts can be minted into NFTs and then sold on specific markets. Click to read
2.a16z: Fintech companies fully embrace stablecoins
In the past six weeks alone: USDC issuer Circle has applied for listing on the New York Stock Exchange; Coinbase has entered the agency payment field and developed a stablecoin API payment standard; Visa and Mastercard have enhanced their support for stablecoins; Stripe announced the launch of stablecoin financial account balances, programmable stablecoins, stablecoin-backed bank cards, and more. Click to read
3. Bitcoin is "snapped up" by the government: a new favorite of wealth or a hidden danger?
As of May, competition for liquidity has clearly intensified. The surge in Bitcoin holdings by institutional investors over the past year has led to a drying up of liquidity. The latest data shows that more than 8% of the total circulating supply of Bitcoin is now held by governments and institutional investors. This unprecedented level of sovereign and institutional involvement in decentralized assets has sparked a heated debate: Is this the legitimization of Bitcoin as a strategic reserve asset, or does it portend a centralization risk that threatens the core ideals of encryption?Click to read
4. Detailed explanation of Coinbase x402 payment protocol
Coinbase is about to launch x402, a payment protocol that supports instant stablecoin payments directly over HTTP. It allows APIs, applications, and AI agents to trade seamlessly, unlocking a faster and more automated Internet economy. Click to read
5. DeFi on Bitcoin: Is it finally interesting?
Decentralized finance (DeFi) on Bitcoin is no longer just theory. Despite some setbacks, momentum is building around unlocking Bitcoin's potential beyond digital gold. Click to read