1. Highlights from the first week of the SBF trial: betrayal, biography, jury and witnesses

It’s been a rough first week for SBF as government prosecutors take away some of the most important witnesses who paint Sam as a bad guy. On Thursday, FTX co-founder Gary Wang testified that the cryptocurrency exchange gave privileges to Alameda Research, the biggest allegation yet by prosecutors.

2. What is blockchain finality and why is it important?

In traditional financial systems, once a transaction is confirmed, it cannot be reversed. Similarly, achieving finality on a blockchain network ensures that transactions are permanent and cannot be modified after being added to the blockchain. This concept is crucial in order to keep the blockchain secure and authentic.

3. My first principles thinking on the blockchain industry

Since I read the new version of "Musk Biography", I began to try to think about the blockchain industry from the first principles, and recently formed my own thinking framework. Click to read

4. Ethereum’s native LST is designed with two layers of staking: Lido killer?

Not long ago, five staking service providers including RocketPool, StakeWise, and Stader Labs jointly signed a binding proposal, promising to limit the validator share to less than 22%, while the leading protocol Lido Finance, which has a market share of up to 32%, did not make a statement on this. The Ethereum community is concerned about Lido's expanding influence in the liquid staking market, and the community's criticism of this is growing. So can the Ethereum protocol layer be improved to directly perform liquidity staking, thereby eliminating the centralization threat to Ethereum caused by the excessive market share of applications? Click to read

5. Galaxy Report: Bitcoin’s own revolution

This is the second in Galaxy’s series of reports on Bitcoin inscriptions and ordinals, which provide a comprehensive overview of major developments in the Ordinals infrastructure and compare Ordinals activity NFT activity on Ethereum, Solana, and Polygon. For information about the ecosystem, forecasts for the total addressable market, and the historical context and current state of development that led to the creation of the ecosystem, read Galaxy’s original March 2023 report. Click to read