Original author: Riyue Xiaochu ｜HZGB

Original source: twitter

Note: This article comes from @riyuexiaochu Twitter, and Mars Finance compiled it as follows:

1. Calculate the circulation first. TGE has three main new circulation items within one year.

1) Community: 13.28 million, average 1.1 million IO per month

2) Operation and ecology: 14.24 million tokens, an average of 1.18 million tokens per month.

3) Node incentives. At first glance, the annual inflation rate of 8% does not seem high, but it is not. Because there are relatively few tokens in circulation in the first year, the overall circulation inflation is very high. In short, the node incentives in the first year will add 37.84 million tokens to circulation, an average of 3.15 million tokens per month.

Original title: Understanding Airdrop Mechanics

Original author: KERMAN KOHLI

Original source: substack

Compiled by: Lucy, BlockBeats

Editor’s Note:

KERMAN KOHLI shared his insights on the success and failure of airdrops, from team attitude, user expectations, token distribution, country applicability to handling Sybil attacks and other key links, and analyzed in detail the possible problems and coping strategies in each link. In particular, through the analysis of the EigenLayer airdrop case, it revealed important details that are easily overlooked in the airdrop design and execution process. BlockBeats translated the original text as follows:

Original title: Ten thousand words long article: Is this bull market more complicated than previous bull markets?

Original author: @CryptoPainter_X

This bull market:

1. The growth is slow and does not show the money-making effect of the past bull market;

2. Poor liquidity. Most of the high-market-cap altcoins except BTC have not reached new highs.

3. Lack of traffic, social media attention is much lower than in previous bull markets;

Let’s talk about these three points systematically:

1. Is this bull market growing slower than previous bull markets?

How to judge whether this round of bull market is rising fast or slow? This is a technical issue. The momentum of price increase is not simply based on the speed of change, but on its sustainability.

Original author: Hotcoin Research

Original source: PANews

The 2024 US presidential election is about to kick off, and cryptocurrency has become an important topic of discussion for the first time, with its importance and influence reaching unprecedented heights. Both Trump and Biden, the two main candidates, have to face this rapidly emerging market and incorporate their attitudes and policy proposals towards cryptocurrency into their campaign strategies.

1. Cryptocurrency: From the fringe to campaign chips

The history of cryptocurrency development can be described as a history of innovation and controversy. From the birth of Bitcoin in 2009 to the existence of thousands of cryptocurrencies today, cryptocurrency has gone through a process of development from scratch, from doubt to acceptance, and now gradually moving towards the mainstream. Cryptocurrency was initially just an attempt and experiment by a few technology geeks. However, as time goes by, its value and influence continue to increase, attracting more and more investors and institutions to join this emerging market.

Original title: Crypto Assets and Cyber ​​Enforcement Actions: Top 20 SEC Filed Charges Since Ripple Lawsuit

Original author: Giuseppe Ciccomascolo

Original source: CCN

Compiled by: Felix, PANews

Key Takeaways:

The U.S. Securities and Exchange Commission (SEC) is stepping up enforcement against crypto market participants, taking a record 46 actions in 2023

Fraud and unregistered securities offerings are the most common charges, especially against ICOs.

Crypto community awaits outcome of lawsuit against Ripple

Cryptocurrency enforcement remains a top priority for the SEC, which has stepped up enforcement efforts against cryptocurrency companies and individuals under the leadership of Chairman Gary Gensler. The regulator’s cryptocurrency-related enforcement actions in 2023 increased 53% from 2022.

Original author: Tiger Research

Original source: AiYing Compliance

Web3 technology is developing rapidly around the world and has attracted widespread attention. Governments, enterprises and developers are actively exploring and promoting the application of Web3. For example, cryptocurrency and decentralized finance (DeFi) have become important innovations in the financial field, and NFT (non-fungible tokens) have also shown great potential in the art and entertainment industries. Web3 has not only brought innovation in technology, but also caused far-reaching impacts at the economic and social levels, promoting the development of the digital economy and the transformation of the global economic structure.

Original title: Layer 3 Revolution: A Paradigm Shift in Blockchain Development and Utility

By Emily George

Original source: medium

Compiled by: Vernacular Blockchain

Layer3 represents the latest evolution of blockchain technology, bringing many new possibilities and opportunities. As the discussion about Layer3 in the cryptocurrency community heats up, it is important to understand the driving forces behind its emergence. From the need for greater scalability and efficiency to the growing demand for user-friendly applications, Layer3 addresses some of the most pressing challenges facing current blockchain developers.

Behind the Bitcoin Renaissance is liquid finance.

Written by Peng Sun, Foresight News

* Preface: The metaphor of "Prisoner of Babylon" only refers to the current liquidity restrictions on BTC pledged through Babylon. The author is very optimistic about Babylon. The shared security provided by its native BTC pledge for the PoS chain has indeed opened the door to Bitcoin ecological finance. How to fully release BTC liquidity based on Babylon and provide users with more sources of income is exactly the direction that Lorenzo is currently actively exploring.

We talk about the Bitcoin Renaissance, but few people know what is behind the Renaissance. In fact, the Medici family is the "godfather of the Renaissance", and the Medici Bank is the "financial promoter" behind the Renaissance.

By Sage D. Young, Unchained

Compiled by: Yangz, Techub News

 

As a financial platform with 10.9 million monthly active users and a $17.2 billion on-chain investment portfolio, Robinhood deserves the title of "cryptocurrency giant". Yesterday, Robinhood announced that it would acquire the cryptocurrency exchange Bitstamp for a final transaction price of $200 million in cash to expand globally outside the United States. Robinhood said the acquisition is expected to be completed in the first half of 2025, subject to normal closing conditions, including regulatory approval. At present, the two parties have reached an acquisition agreement. Barclays Capital will serve as Robinhood's exclusive financial advisor, and Galaxy Digital Partners will serve as Bitstamp's exclusive financial advisor.

Original author: XavierL (abc.eth)

Original source: twitter

Note: This article comes from @CryptoXavierLee’s Twitter account, and is compiled by Mars Finance as follows:

Recently, many Degens have paid attention to Tabi's Tokenomics, and I have written an article to interpret "Embedding Game Theory into the Economic Model of Layer 1"

1/n. Based on Curve War / ve model

Curve regulates market supply and demand through a bribery mechanism. The project party rewards users, and users vote to obtain rewards, balancing project quality, rewards, and risks.

TabiChain introduces this mechanism into Layer 1 to achieve a true combination of the chain and application layers.

2/n. Solve the gap between the application layer and Layer 1

Original author: Rocky

Original source: twitter

Note: This article comes from @Rocky_Bitcoin Twitter, and Mars Finance compiled it as follows:

The essence of Web3 DEFI development is evolving the development path of Web2 finance. From spot, futures, various derivatives to current structured products, Web3's financial innovation is bringing new attention to the market. Recently, a Web3 structured product project + DAO model + 100% fair issuance has attracted our strong attention. This is a brand new DEFI innovation that will lead a 100 billion market! Next, let's learn more about @SOFAorgDAO!

Original author: CoinHuSays Hu Kan

Original source: twitter

Note: This article comes from @CoinHuSays Twitter, and Mars Finance compiled it as follows:

Let me tell you my opinion about the coin $RCH.

1. This project was born at a very good time. After retail investors were cut by many "unfair" coins, this coin was a bit high at the beginning. At the beginning, more than 700 ETH were burned in the pool, and there was no reservation. Today, the permission was abandoned again.

2. There is a guaranteed floor and no ceiling. A preliminary calculation shows that the project team burned 750 ETH, worth 3 million. Adding other miscellaneous expenses, let's say 1 million. A total of 4 million

Original author: sukie.eth

Original source: twitter

Note: This article comes from @sukie234’s Twitter account, and is compiled by Mars Finance as follows:

For those who missed it, let me review last night’s exciting $RCH battle:

BTW, if you missed out on $RCH increasing tenfold overnight, you can consider saving it to receive the airdrop:

Surge recommended link https://surge.sofa.org/?referral=kwyj3

Earn referral link https://earn.sofa.org/?referral=kwyj3

1/

20:00: The project party launched the product and added 700ETH to the LP. The scale was so large that the permissions were directly burned.

It has been a long time since such a large pool of undervalued coins appeared on the ETH noble chain.

Original author: Dayu

Original source: twitter

Note: This article comes from @BTCdayu Twitter, and Mars Finance compiled it as follows:

This is the space I want to open after ordi, pandora, and bome, but this time I will change it to text, when the idea is opened.

First, let’s talk about the market

The current value is 3. It surged rapidly after the opening yesterday. I believe that the average purchase price of secondary retail investors will not be too low, for example, around 1 is also considered good. Because this kind of so-called fair opening project has a lot of development costs, industry resources, etc., plus the pool is huge and burned, it is a powerful project party (there has been no such project party on eth for a long time). In this case, although it has taken the anti-VC route, it must buy at the opening, otherwise there will be no chips, so the opening is still dominated by the project party.

Original author: xiyu

Original source: twitter

Note: This article comes from @ohxiyu Twitter, and Mars Finance compiled it as follows:

Background 1: MtGox collapsed in 2014

Background 2: Fcoin ran away in 2019

Background 3 FTX will close in 2022

Background 4 In 2023, Huobi’s big ht lending account was liquidated

What is the role of an exchange?

Cryptocurrency exchanges provide cryptocurrency trading services. They provide an infrastructure for the cryptocurrency market, allowing us to complete transactions quickly, efficiently and with low friction on a centralized platform. Exchanges play a big role in market liquidity, so I think the fees they charge are reasonable.

Original title: In Defense of New

Original author: Gaby Goldberg

Original source: greaterstill

Compiled by: Ladyfinger, BlockBeats

Editor’s Note:

In this in-depth exploration of innovation and the spirit of freedom, we witness Chad and Nadia Elwartowski's experiment of living at sea and the challenges they face in their pursuit of freedom and autonomous living. The article runs through multiple fields from history to modern times, from education to healthcare to fintech, showing how people seek and build new possibilities outside the existing system. Whether through living at sea, educational innovation, self-directed healthcare, or the rise of cryptocurrency, these stories together depict a theme, that is, how individuals and collectives can shape their own future through innovation outside of traditional frameworks.

Original title: The State of TON DeFi Q1 2024

Original author: The Open Platform

Original source: medium

Compiled by: Ismay, BlockBeats

Memecoin hype was a central theme in the TON DeFi space and the overall crypto landscape in Q1 2024, which was at least partially responsible for the surge in on-chain activity and DeFi metrics:

Source: TonStat, DeFillama, CoinMarketCap

One of the key highlights of the quarter was a 7x increase in TVL, driven primarily by increased DEX activity and the market dominance of liquid staking protocol Tonstakers.

Original author: Wu talks about blockchain

Original source: Wu said blockchain

This podcast features Hong Shuning, who has worked at the Nanjing Branch of the People's Bank of China for a long time. He graduated from Tsinghua University's Department of Computer Science in 1992. When Bitcoin broke through $1 in 2011, he wrote a paper calling for the use of national computing power for mining and the establishment of a Bitcoin bank to fight against the hegemony of the US dollar. Today, Mr. Hong mainly recognizes the RGB direction and is starting a business in this area. However, due to contracts and ICO investments, he lost some of the bitcoins he bought early.

Audio to text conversion uses GPT, there may be errors. Listen to the full podcast:

Original author: Asher Zhang

Original source: Bitpush

Regarding LayerZero's anti-scam mechanism, we have published an article titled "LayerZero, which is about to issue a coin, starts "reporting on rumors and events". What "dangers" and "opportunities" will it face in the future?", stating: "This kind of mutual investigation is just like the "reporting on rumors and events" adopted by ancient emperors for fear of blocking the way of speech. Judging from many lessons in history, this move may not be perfect." With a report on 470,000 suspected witch addresses submitted to LayerZero, the market's discussion and criticism of this anti-scam mechanism reached a high point. What feedback and dissatisfaction does the community have? What measures has the project taken to deal with this? Coincidentally, the recent popular project Taiko directly adopted an opaque airdrop mechanism, which has also encountered a lot of criticism in the market. What changes are happening to the once widely praised Web3 airdrops? Perhaps it is time to reflect on airdrops, a product of the Web3 era.

Original source: Bulu

EigenLayer is a technology protocol built on Ethereum that introduces the restaking feature. As of June 5, 2024, more than 5.309 million ETH have been re-staked on the EigenLayer protocol.

Users who hold ETH and users who hold a certain type of liquid asset (LST) related to ETH can re-pledge their assets on EigenLayer.

By re-staking assets through EigenLayer, users can once again receive asset rewards, and developers can leverage Ethereum’s existing validator set and staked ETH to launch new Actively Validated Services (AVS) — this means that when developers want to build a new protocol on Ethereum, they no longer need to build security facilities and launch a PoS network from scratch, effectively reducing development complexity.