1. From Wells Notice to Prosecution: The US SEC Goes After Consensys
Two months after the Wells Notice was issued, the US SEC decided to continue pursuing ConsenSys. On June 28, 2024, the US SEC formally sued ConsenSys. In the lawsuit filed by Consensys against the SEC, Consensys refuted the US SEC's three key points: Ethereum is a global computing platform, not an investment plan. ETH is not a security, but a commodity, which has been repeatedly confirmed by the US Commodity Futures Trading Commission (CFTC). Applications that allow people to trade on their own using Ethereum are not securities brokers and therefore cannot be regulated by the US SEC. The SEC's illegal power grab threatens to undermine the United States' position as a leader in the next generation of the Internet. Click to read
2. Blink will revolutionize the Internet: Check out more than 50 creative ideas that can be created with Blink
Solana recently released the Blinks feature, which will revolutionize the Internet. Here are 50+ creative ideas you can implement immediately using Blinks: 1. Prediction market; 2. Multi-signature Blink in DM; 3. Airdrop checker; 4. Mini games; 5. NFT casting and bidding; 6. Crypto Superchats; 7. Token gated activities; 8. Token gated content, etc. Click to read
3. What are the chain abstraction solutions that need attention?
Chain abstraction has become a hot topic right now for obvious reasons — everyone in crypto should be interested in tools that make it easier for consumers to participate in on-chain activities. But a lot of this discussion overlooks the question of: how did we get to this point in the first place? I have always believed that developers are consumers — and now they have to choose between different ecosystems, technology stacks, and communities. This creates a lock-in mechanism, and sometimes developers are distracted from the problems they need to focus on due to unreasonable and unsustainable incentive mechanisms. Developers are users too, and they should not be forced to choose where to build. Click to read
4.Vitalik: How to confirm transactions faster on Ethereum
An important feature of a good blockchain user experience is fast transaction confirmation time. Today, Ethereum has made great progress compared to five years ago. Thanks to EIP-1559 and the stable block time after Merge, transactions sent by users on L1 can be reliably confirmed within 5-20 seconds. This is roughly comparable to the experience of paying with a credit card. However, it is valuable to further improve the user experience, and some applications do require latency of hundreds of milliseconds or even shorter. This article will introduce some practical options for Ethereum. Click to read
5. Understanding the token unlocking event in July 2024
$WLD has the highest unlocked amount this month, over $600 million, accounting for 53.36% of the current circulating supply. $SOL ranks second, with over $400 million unlocked. Despite the considerable value, due to the high market value of $SOL, the unlocked amount is only 0.5% of the current circulating supply. $ALT has a large unlocked amount this month, accounting for nearly 45% of the current circulating supply. $XAI also has the highest unlocked amount this month, accounting for 71.59% of its current circulating supply. Click to read
