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.
Bitcoin Ecosystem
Veda protocol postponed indefinitely: Ordinals "vulnerability" incident sparks controversy in Bitcoin community
On December 10, Ordinals extension protocol Veda announced in X that the launch of the protocol will be postponed indefinitely due to force majeure, and Veda-core and Veda-bvm will be open source.
Relay inscriptions become the new main line of the market? The real and fake Runes agreement set off a wave of rune speculation
Recently, the Bitcoin inscription project Rune Alpha has caused community controversy due to the clarification of Casey Rodarmor, the founder of Ordinals. At the same time, the concept of runes on Bitcoin and Ethereum has also become hotly discussed due to the inscriptions being deeply involved in vulnerability attacks.
Bitcoin Ordinals: Contributing 23% of Transaction Fees, Popular BRC20 Increased by More Than 400% on Average
What is the current development of Inscriptions and tokens (BRC-20) based on the Ordinals protocol? How is the market trading situation? What impact does the on-chain activity have on the ecosystem including mining and application layers?
Learn Runes in three minutes: a simple Bitcoin asset issuance protocol
Runes aims to address the inefficiencies of BRC-20.
Interpreting the current status of the Bitmap ecosystem, the largest metaverse project in the Bitcoin ecosystem
This article explains the development status of Bitmap, the largest metaverse project in the Bitcoin ecosystem.
Understanding BitSmiley, the stablecoin protocol of Bitcoin ecosystem
BitSmiley is the MakerDAO+Compound of the Bitcoin ecosystem, providing a comprehensive solution for Bitcoin Defi, filling the most missing "stablecoin" + "lending" infrastructure in the current Bitcoin ecosystem.
Macro perspective
BTC plunged nearly 7% after a $350 million long position was liquidated. Is this a normal correction or the end of the bull market?
Today, the overall market suddenly went down, and there was no unfavorable news at the news level, and the overall market sentiment was upward. One possible reason is that the recent market has risen sharply, and the strong bullish sentiment has caused the market to pull back.
Don't worry my friend, we are still in the early stages of the bull market
Reject FOMO: Data reveals that the market is in the early stages of a bull run, and the alt season has not yet arrived
The last Fed interest rate decision in 2023 is approaching, and Bitcoin is consolidating and waiting for the signal of interest rate cut
U.S. inflation data on Tuesday came in line with expectations, which could be good news for cryptocurrency prices.
Seize the opportunity
Synthetix proposes to end inflation: SNX stakers’ rights are reshaped, or it may become a deflationary blue chip project
The end of SNX inflation means a redistribution of rights and interests between stakers and ordinary token holders. After the Andromeda version on Base is deployed, 50% of the revenue may be used to repurchase and destroy SNX to achieve deflation.
New projects such as Jito raise airdrop expectations, and we review 4 potential airdrop projects and interaction strategies
The airdrops of projects such as JTO have made Solana popular again, but potential airdrop projects are not limited to Solana.
Investment Guide for “Crap Copycats”: Taking Advantage of Hot Spots, Making Small Investments for Big Wins
In the last bull market, I started with $1,000 and reached $130,000 in 6 months. I did not rely on Bitcoin and Ethereum to get such a huge return, but through some small-cap tokens. They have a low market value, so you don’t need a lot of principal.
Fusionist: A sci-fi mecha-style blockchain game developed by senior game professionals
With its complete worldview and outstanding sci-fi mecha style, Fusionist has received great attention from the community since its announcement. Its X (Twitter) account has 699,000 followers so far, and its Discord members exceed 1.15 million, which is very popular.
An article reviews recent DePIN projects worth paying attention to
This issue of weekly selections covers the period from December 1 to December 15, with a total of 9 DePIN projects.
Web3
Uncovering the history of DWF Labs: Investing in 470 projects within 16 months of its establishment, relying on pulling the price to attract customers
In just 16 months of history, DWF has invested in 470 projects and has established cooperation with approximately 35% of the top 1,000 tokens by market value. This article interviewed 16 DWF clients, potential clients, and people familiar with the company's operations, and analyzed 10 proposals and contracts received by DWF's clients and potential clients, as well as the communication information between them.
Behind the "riot" in the Starknet community: batch airdrops have caused dissatisfaction among users and have been accused of "favoring" developers
StarkNet is about to issue its coin, but it has caused trouble due to the airdrop. How does the community view this airdrop?
Blockchain games are picking up steam. What new activities are the two former kings Axie and STEPN doing?
With the rise of a new wave of blockchain games such as Big Time and Fusionist, the blockchain game market landscape is being rewritten. Axie and STEPN need more immediate measures to maintain their position in the industry.
He Yi and Binance's new CEO AMA highlights: Inscription trading, listing principles, SEC lawsuits, etc.
Regarding future development, He Yi said that Binance will increase its incubation efforts tenfold, hoping to incubate entrepreneurs with real long-termism, rather than just buying a villa by the sea. He Yi said that he believes the next market high will appear between next year and the year after.
From the explosion of Bodhi to a discussion on content incentives, public goods and permanent storage
This article will briefly discuss the significance of Bodhi and the common problems facing current content production.
Solana Staking Market Analysis: The Four Major Drivers of Liquid Staking
Compare the staking volume, yield, governance token performance, application in DeFi and other indicators of Marinade, Jito, BlazeStake and Lido in the Solana liquidity staking track.
Ethereum core developers’ latest meeting summary: Goerli shadow fork will be conducted before the end of the year, and Cancun/Deneb upgrade will be tested
This was the 124th ACDC conference call, which mainly covered updates on Devnet #12, progress on the Cancun/Deneb upgrade, and issues related to Slashable information dissemination.
Binance’s “Aesthetics of Success”: Using Simple Tools to Output Extreme Efficiency
To go from $0 to $3 trillion, maybe all you need is a Telegram group chat and a Google Doc.
Talking about NFT
Behind the surge in prices of multiple leading NFTs, the “Golden Shovel” gameplay was introduced with the help of ecological project airdrops
Recently, Cosmos, Solana, Aptos and others are using airdrops to turn leading NFTs into shovel-type projects. This gameplay has directly driven price surges and gained more market attention.
Riding on the trend, Solana NFT's latest investment guide
This article lists the top NFT projects on Solana that are worth paying attention to, as well as potential stocks that have shown good growth momentum in recent days.
NFT trends in November: Trading volume increased, Blur strengthened its position
NFT Market Volume Surges in November, But Buyers Decline; Blur Extends Lead
Technical
Interpreting the P2Pool model of the full-chain game matching mechanism
The success of DeFi, in addition to the technical innovation of "putting financial rules on the chain", also has supporting innovations in operations and token economics. In the full-chain game track, we can also expand the game matching mechanism from the previous P2P to P2Pool, and even expand the concept of capital pool to full-chain games.
Explaining ERC-3643: The Token Standard for Real World Assets (RWA)
ERC-3643 changes the way people think about tangible assets, trading real estate tokens or transferring value. The purpose of developing ERC-3643 is to eliminate or break existing traditional barriers, especially the boundaries between the real world and blockchain platforms.
Metis Dao Research Report: Exploring Decentralized Sorters, Layer2 Using Hybrid Rollups Solution
MetisDAO is an open framework built on a second-layer protocol for creating, managing and developing decentralized self-organizing companies DAC (Decentralized Autonomous Company). It distinguishes DAO from DAC, describing DAC as a subclass of DAO. DAO focuses mainly on governance issues, while DAC is specifically designed to solve the daily operation and management issues of the project.
Vitalik: Discussing various “Built-in ZK-EVM” version types and design challenges
This article will introduce several versions of "built-in ZK-EVM" that could be implemented and discuss the trade-offs and design challenges, as well as reasons for not taking a particular direction. The benefits of implementing protocol features should be weighed against the benefits of leaving things to the ecosystem and keeping the base protocol simple.
Key Information
Binance launches BRC-20 token Sats (1000SATS)
Bitcoin Inscription has been added to the US National Vulnerability Database
Sushi CTO warns: Do not interact with any dApp, and Ledger is suspected of having suspicious code
Binance’s crypto trading market share drops to around 30%
BlackRock Meets with SEC for Third Time to Discuss Bitcoin Spot ETF
Franklin Templeton Meets with US SEC to Discuss Bitcoin Spot ETF
The United States will introduce the first version of cryptocurrency accounting system, which will be measured at fair value
The chairman of the U.S. CFTC claims that most cryptocurrencies are commodities and admits that he is competing with the SEC for regulatory power in the crypto field
LayerZero releases V2 version introduction, mainnet is expected to be launched in January next year
