News

  • The first cold wave in 2022: the liquidation of Ethereum and the defeat of Three Arrows Capital

    ETH liquidated June 18, 2022 is a day destined to go down in the history books in the crypto-asset industry – on this day, both Bitcoin and Ethereum, the leaders of crypto-assets, suffered an unprecedented plunge. On the day, Ethereum, the second-largest asset in the crypto-asset industry, plunged 7.3% on the day to as low as $1,000, its lowest level since January 2021. It is down nearly 80% from its previous high. According to Coinglass data, as of 23:00 on June 18, a total of 77,000 accounts in the crypto asset…

    2022-06-26
  • What does Web3 really look like?

    The blockchain space has been touting the idyllic promise of Web3 and how it will revolutionize the existing internet for some time now, with issues surrounding too many login credentials, security, accessibility and content moderation plaguing today’s internet . New decentralized technologies can solve almost all of these problems, but there is one problem, these networks are often still built on legacy infrastructure and therefore face many of the same pitfalls. Fortunately, that doesn’t have to be the case, and there are already platforms that offer a real vision of…

    2022-06-26 News
  • Public Chain P2E Games: Top 5 Popular Games on Ethereum

    Despite the huge volatility in the market, Play-to-earn (P2E) games are still booming. A community of players has been formed across multiple blockchains and more than a thousand blockchain games, and many gamers play and earn games every day. The series “P2E Games on Public Chains” will focus on popular P2E games developed on several well-known public chains such as ETH, BNB Smart Chain, TRON, MATIC, Solana, Algorand, NEAR, EOS, and WAX. This article introduces the top 5 popular P2E games on the Ethereum blockchain. Let’s talk about Ethereum The…

    2022-06-26 Ethereum News
  • Arbitrage for success or failure, how does GBTC “kill” the wrongful institutions such as Three Arrows Capital and BlockFi?

    A bear market is the rest of the liquidity movement. Famous investor Charlie Munger once said: ” There are three ways to bankrupt a smart person: Liquor, Ladies and Leverage. “ For Charlie Munger, who is used to seeing market cycles, he has seen the power of leverage. However, upstarts like BlockFi and Three Arrows Capital in the crypto market have gradually ushered in their own end after the disorderly expansion of abundant liquidity in the bull market. When we look back at the “crypto defeat”, whether it is the former first-line VC…

    2022-06-26 Bitcoin News
  • The future of monetary systems

    A creative innovation is underway in the field of money and payments, opening up broad prospects for future digital currency systems. The Bank for International Settlements has been paying attention to this trend. In its 2022 economic report released on June 21, the Bank for International Settlements pointed out: (1) A creative innovation is underway in the field of currency and payments, opening up opportunities for future digital currency systems With the prospect in mind, the system is constantly adapting to serve the public interest. (2) Structural flaws make the cryptocurrency world…

    2022-06-26 News
  • Decentralized trading platform ArthSwap token $ARSW will be listed on Gate.io

    Since its successful launch in January 2022, ArthSwap has made impressive progress, amassing over 100,000 followers on Twitter and becoming one of the largest and most active communities on Polkadot within three months of launch. In addition, as of May 2022, ArthSwap has also become the DEX with the highest TVL in the entire Polkadot ecosystem. ArthSwap is a one-stop Defi protocol that aspires to be the main DEX on the Astar network. The main functions of ArthSwap include trading, staking and liquidity mining, and ArthSwap itself is also an IDO launch…

    News 2022-06-26
  • Shusuo Stablecoin : The market value has shrunk by $32.8 billion, and the stock of stablecoins on exchanges is basically stable

    If USDC continues to grow, the stablecoin market may reorder. The recent sharp drop in crypto-asset prices in the short term has sparked massive liquidations and chain reactions. First, CeFi lending platform Celsius suspended withdrawals and transfers due to user runs due to stETH de-anchoring; then well-known investment institutions and market makers 3 AC sold assets to pay off debts, and there are still at least about $660 million in debt exposure. It may constitute a breach of contract; and the community of Solend, the largest lending platform on Solana, proposed…

    2022-06-25 News
  • The “darkest moment” for global risk assets may not yet come

    Global risk assets have experienced significant volatility this year. U.S. stocks and crypto assets fell due to setbacks in risk sentiment; risk aversion led to an 8.6% rise in the U.S. dollar; the Russian-Ukrainian conflict and supply chain issues caused commodities to rise by more than 40%; U.S. inflation in May was 8.6%, a new high in 40 years, and interest rate hikes are expected This has led to a rise in U.S. bond yields, which have recorded their worst performance in more than 40 years since the beginning of the…

    2022-06-25 News
  • Meta governance status report in early 2022

    Now in 2022, meta-governance activities are rapidly becoming mainstream in the cryptocurrency ecosystem; DAOs have also realized that they can achieve optimal strategies for superior growth and value creation by leveraging the technologies and resources of other DAOs. In this post, we will talk about the most active meta-governance players in 2022 and how they are making governance decisions in other DAOs. Before we begin, it is necessary to provide a brief definition of meta governance by Index Coop. Introduction Meta-governance is when Protocol A holds Protocol B’s governance tokens…

    News 2022-06-25
  • Web3.0 privacy is more complicated than you think

    In the modern digital world, information is constantly interacting. But privacy also means different things to different people. For example, is anyone willing to sell personal data? If it does sell, does the deal preclude privacy rights? Privacy in its many forms has sparked a heated debate in recent years, with a combination of technical and social aspects forming the basis of that debate. One emerging area is technology around a concept known as “decentralized identifiers” or DIDs. The question is, is DID inherently privacy-enhancing? Can using DID as a protocol add privacy value to a system…

    2022-06-25 News
  • How institutions can quickly get out of the bear market and find opportunities in crisis

    June 25th  . Since the birth of Bitcoin, the crypto market has experienced many twists and turns in just over a dozen years. When the time comes to 2022, the crypto industry seems to be in trouble again. After experiencing a series of events such as the continuous decline in the price of Bitcoin, the collapse of stablecoins, and the liquidity crisis of Three Arrows Capital, a depressed and depressed mood pervaded the entire crypto industry. Investors suddenly found that this year may be the highest in history. A tough winter. In this…

    News 2022-06-25
  • Outlier founder: Don’t rush to define the winter market is far less bad than 2018

    If enough patient venture capital is allocated to the crypto industry, we will safely enter another bull market. Last week, multiple sectors of the crypto industry, from Coinbase CEO Brian Amrstrong to CoinDesk reporters, reported that we are in a “crypto winter.” But what is crypto winter? How to objectively measure the encryption winter? Jamie Burke, CEO of Web3 accelerator Outlier Ventures, answers these questions from where he was investing throughout the 2018 crypto winter. He provides a framework to help better define and assess the health of the industry as a whole, understand…

    News 2022-06-25
  • How web3 entrepreneurs answer what if XX did

    I have worked as a media and investor myself, and now I am an entrepreneur who is raising funds for web3 startups. A relatively big feeling recently is that web3 entrepreneurs are generally not worried about a giant copying their own track. That is the classic problem in financing pitch, what if xx did you? Most people should be happy. An example can be seen from the two recent acquisitions on the NFT track. When Gem was a startup company, users gave them high praise. At the moment when they…

    News 2022-06-25
  • Odyssey is coming, do you really understand Arbitrum?

    After the collapse of the Luna/UST algorithm stablecoin, the market continued to fall, and then a series of liquidity crises occurred in 3AC, Celsuis, BlockFi and other institutions. Under the multiple blows of the crypto market, BTC has fallen below the high point of the last bull market, and many altcoins have also lost most of their market value. At this moment, there are many voices of doubt in the circle, many people are starting to sway whether to quit the circle, and many people are questioning the future of…

    2022-06-25 News
  • The status quo of the virtual currency trading market in South Korea: 20-30 years old are the main crowd speculators

    When it comes to South Korea, the first thing that comes to mind is the developed entertainment and cultural industry? cosmetic technology? Is it kimchi? Or the origin of the universe? However, behind these familiar labels, there is a title that is not well known to the public: the country of currency speculation. South Korea is currently almost the status quo of the whole people’s currency speculation, we might as well look at a set of data: According to the Times Weekly, 1 in 5 young Koreans is speculating on Bitcoin. This conclusion is supported by…

    2022-06-25 News
  • 1st Anniversary of the El Salvador Bitcoin Experiment: A Remedy or a Deeper Mire

    El Salvador has invested about $103 million in Bitcoin, and now has a loss of $57.41 million. El Salvador has been the arena for monetary experiments. In 2001, the U.S. dollar became the country’s only legal tender. On June 9, 2021, El Salvador’s Congress formally voted to pass the Bitcoin Act, becoming the first country in the world to declare Bitcoin as legal tender, causing a sensation in the entire crypto industry and even the traditional financial industry. It has been a year since El Salvador’s Congress passed the Bitcoin Act, during…

    2022-06-25
  • Bankless: A quick look at the top 10 browser wallets and their pros and cons

    First things first: Browser wallets are crypto wallets designed to be used through a web browser. For most of us, when we see “browser wallets,” we think of browser extension projects like MetaMask that people can download directly into browsers like Chrome, Brave, etc. But there are many more projects. In addition to wallet extensions, there are various browser-centric services that fall under the category of “browser wallets”. So, which one provides the most value? To answer this question, I reviewed 10 different browser wallet projects involving four different wallet flavors. They are:…

    2022-06-25 News
  • Getting Started Tutorial: How Web3 Startup Funding Is Different From Web2

    Funding is one of the most difficult and important challenges for both Web2 and Web3 startups. However, the Web3 ecosystem differs from Web2 in that entrepreneurs can raise funds in an unprecedentedly decentralized way.  For an early-stage Web3 company, the best approach is to get a start-up capital first, like a Web2 startup. But in subsequent funding rounds, Web2 and Web3 startups start to take different paths. This article will explore the following topics and how Web3 startups are responding: Early stage of startup Start-up capital and pre-seed funding channels…

    2022-06-25
  • Can Web3 Save the Lost Internet Man

    In 2022, the new darling of the global VC circle, Web3, has become a new outlet for Internet people. After 20 years of development in the Internet industry, the industry has become highly centralized. In front of users and individuals, the platform has the absolute right to speak. With the peak of business growth and the exhaustion of policy dividends, Internet companies have to explore paths other than traffic, and involution has become synonymous with their much-criticized. Where is the next exit? The 29-year-old Awu chose to leave the Internet giant…

    2022-06-25 News
  • Powell Hearing Day 2: The Era of Stablecoin Regulation Is Coming

    At 22:00 on June 23, 2022, Federal Reserve Chairman Powell reappeared in Congress to attend the semi-annual monetary policy report hearing of the House Financial Services Committee. At the meeting, Powell reiterated his hawkish claim that “the Fed’s commitment to combating high inflation in the United States is unconditional.” Here are the highlights of the hearing: Regarding interest rate hike/shrinking balance sheet: The current inflation situation reinforces our desire to raise interest rates quickly. Rate hikes are expected to continue this year, with further hikes over time. The balance sheet will eventually…

    News 2022-06-24