PANews Editor's Note: PANews has selected a week's worth of high-quality content to help you fill in the gaps during the weekend. Just click on the title to read.
The Fall of Crypto Kings
A former close friend will appear in court to accuse SBF, and the list of other people appearing in court is revealed
SBF’s trial begins on October 2, with his once closest friend set to testify as his biggest threat. The U.S. Department of Justice also announced last weekend that prosecutors plan to call former FTX customers and investors from around the world as witnesses during the trial.
What will happen on the first day of SBF trial?
The trial of FTX founder and CEO SBF will begin on Tuesday. The main task of the first day of trial is jury selection. This article interprets the focus of the first day of trial.
Three Arrows Capital co-founder Su Zhu arrested, faces 4 months in prison, co-founder Kyle Davies still missing
After a Singapore court agreed with the company's claim that Su Zhu had failed to comply with a court order, its liquidators obtained a committal order, which is used to send someone to jail for contempt of court.
Su Zhu is imprisoned in April. Will his prison term be further extended?
Su Zhu was arrested for refusing to cooperate with the liquidation investigation, and subsequent developments may be more worthy of attention.
Do Kwon chat records exposed: more than just fake transactions
Do Kwon almost bluntly admitted that they had faked the transaction volume, the most shocking of which was the self-exposure of pre-mining 1 billion stablecoins. The financing data may be greatly inflated. Kwon also said that the public is really stupid.
The founder of the collapsed Three Arrows Capital, his S$48.8 million GCB was turned into a farm by his wife
The backyard of the house has now been developed into an urban ecological farm called Yarwood Homestead, which is the tropical research and development base and headquarters of Abundant Cities, a company founded by his wife.
Macro perspective
Analysis: From the perspective of the halving time period, why will the bull market start as early as next year?
The Bitcoin halving, expected to occur in mid-2024, is an event that has captured the imagination of investors more and more. But if history repeats itself, the bull run won’t start until next year at the earliest.
12 charts to explain the continued depression of the crypto market in September
Overall, the past month has continued to show a depressed state, and many indicators have even fallen further. This article will use 12 charts to interpret the crypto market situation in September.
After ten years of reflection in the “chain circle”, what is the crux of the long-term failure of industry applications?
In the past decade of development, the blockchain industry has encountered many unsatisfactory aspects and has taken many detours. Some of these problems are objective and cannot be solved by the blockchain industry itself, but there are also many subjective problems that are worth summarizing the lessons learned.
Can Hong Kong buck the trend in the crypto space? Chainalysis report reveals East Asia’s crypto landscape
Hong Kong's recent cryptocurrency initiatives and friendly industry policies have brought new vitality to East Asia. The former king of the cryptocurrency field will usher in some exciting changes.
Opinion: The change of the Speaker of the U.S. House of Representatives may be unfavorable to the crypto world
Many questions remain unanswered, including who will be the next Speaker of the House and whether the U.S. government can continue to avoid a government shutdown after a temporary funding agreement expires on November 17.
Seize the opportunity
Learn about the projects worth paying attention to in the Intent-Centric ecosystem in one article
The emergence of Intent-Centric is by no means accidental. Together with account abstraction, TGBot, and MPC wallet, which are also designed to simplify the user experience, Intent-Centric continues to push the narrative of Web3 mass adoption to a new level.
Entering the blockchain game Sugartown: Mobile game giant Zynga's Web3 game revolution
Mobile gaming giant Zynga is entering Web3 with its own gaming platform Sugartown. Considering that Zynga launched popular games such as FarmVille and Words with Friends before entering Web3, P2E enthusiasts can look forward to high-quality gaming adventures.
New project in the Web3 social track: In-depth analysis of KOL time trading platform Time Store
friend.tech came out of nowhere and triggered a wave of Web3 social craze. I would like to share an interesting similar product I saw recently: KOL time trading platform Time Store.
Web3
Video | From a trader to a crypto billionaire! Uncovering the legendary story of Arthur Hayes, co-founder of BitMEX
Let's introduce you to a celebrity in the industry, Arthur Hayes, co-founder of BitMEX. I believe you should be familiar with him. Maybe you have read his essays. How did he go from a financial wizard to a crypto maniac? Today's video will show you his legendary story.
Backed by the social giant Telegram, will the TON ecosystem be a "flash in the pan" or "advance by leaps and bounds"?
The popularity of Telegram Bot this year has also boosted the concepts related to the Telegram platform on which it is based. This article provides a brief understanding of the development history of Telegram and TON in the blockchain industry.
After the JPEX fraud case involving over HK$1.5 billion, how did the Hong Kong Securities and Futures Commission take the initiative to optimize supervision?
Sajie's team analyzed the four major regulatory optimization measures proposed by the Hong Kong Securities and Futures Commission at the press conference on the JPEX case and the possible subsequent impacts.
Dialogue with the former president of Polygon Labs: Games will be a key factor in promoting the mainstreaming of cryptocurrency
Ryan predicts that the crypto industry and gaming will undergo a series of changes in the next few years. Technological advancement and more capital investment will be the key factors driving the development of this field.
Ethereum transactions are decreasing, and Layer 2 is taking over the market: in-depth analysis of on-chain activities and trends
Ethereum transactions remain quiet, while Layer 2 transactions are active. PANews analyzed the on-chain data to reveal the relationship and trend between the two.
Technical
In-depth analysis of SSV Network technical principles and development prospects
Can SSV Network solve the centralization problem of Ethereum’s staking protocol? This article conducts an in-depth analysis from the perspective of technical principles and development prospects.
Interpreting the calculation of Ethereum Gas fee: How to reduce transaction costs?
The Ethereum blockchain has revolutionized decentralized applications and smart contracts, but every transaction incurs Ethereum gas fees. In this guide, we will demystify Ethereum gas fees and learn about their basic principles, how to calculate them, factors that affect costs, and effective strategies for optimizing transactions while controlling costs.
Vitalik’s latest long article: Should the Ethereum protocol encapsulate more functions?
Encapsulating functionality can help avoid centralization risks in other areas of the stack; encapsulating too much can overly expand the trust and governance burden of the protocol and may make the protocol too complex; in the long run, encapsulating functionality can be counterproductive because user needs are unpredictable.
Thoughts after LayerZero integrates Google Cloud: Should cross-chain rely on oracles or ZK?
From the perspective of industry development, this is a win-win route for ZK cross-chain protocols such as LayerZero and Polyhedra, as well as the entire industry. The problem of liquidity fragmentation has spread to the cross-chain field. If ZK proves that it can act as an oracle, it is expected to achieve a large integration of the current decentralized liquidity.
Key Information
The US SEC and five other regulators have issued warnings about crypto investments
Macau Judiciary Police: Virtual currency is not legal tender in Macau, beware of being scammed
CZ refused to cooperate with SBF before acquiring 20% of FTX shares. SBF then bought back CZ's FTX shares at a price more than 27 times the price.
The Big Short author: FTX owes $4 billion to the top 50 accounts, including $280 million from Jump
Fed data: Bitcoin outperforms the dollar in protecting against inflation
Arbitrum has launched its second week of Odyssey activity, with tasks taking place on TofuNFT and Aboard Exchange
Judge rejects SEC's motion to appeal Ripple case ruling
Volatility Shares Withdraws Ethereum Futures ETF Application
The Bitcoin ETF fund under China Southern Fund has a yield of 54.63%, and many public fund giants are involved in digital currency
El Salvador launches first Bitcoin mining pool, will use geothermal energy for mining
