Mainnet Launch

Pi Network is a mobile-based cryptocurrency project that allows users to engage in Mining at a low cost, but its model is controversial. Despite having tens of millions of registered users, the actual number of active users is only a small fraction. Pi coin is about to launch on the Mainnet, and its supply and user demand will affect its market valuation, while community loyalty may lead to initial price Fluctuation. Overall, the long-term value of the project remains to be seen.

Circle went public on the New York Stock Exchange, marking an important milestone in the encryption industry, with USDC's market share reaching 25%. On its first day of trading, the stock price surged by 168.48%, demonstrating market enthusiasm. This event has raised awareness of stablecoins in the TradFi sector, and the stablecoin market is expected to grow further in the future.

BRC-20 Tokens utilize Bitcoin's Ordinal protocol to create interchangeable tokens, but face data processing and centralization risks. The Trac protocol has emerged to provide token tracking, verification, and convenient trading functions, enhancing the scalability and security of BRC-20 Tokens, bringing innovation and convenience to the Bitcoin ecosystem.

Espresso Systems: Creating a new generation of L2 scaling solutions through shared ordering Espresso Systems initially focused on building a highly scalable and privacy-centric decentralized L1 protocol. Later, the team realized that the market did not need so many L1 public chains, so they shifted their focus to providing infrastructure services for the Ethereum ecosystem. Espresso's mission focuses on two core directions: enhancing privacy and performance. To enhance privacy protection, Espresso has developed the CAPE application. This is a set of smart contract systems that enables transaction-level privacy customization and can be deployed on any EVM-compatible chain. In terms of performance improvement, Espresso focuses on optimizing the sorter. The sorter is responsible for validating and batching transactions on the layer two network, and sending them back to the layer one network ( for settlement, such as Ethereum ). Although Rol

The Triple Dilemma of Stablecoins: A Look at the Future of Digital Money from the BIS Report In the field of cryptocurrency, stablecoins are undoubtedly one of the most striking innovations in recent years. By being pegged to fiat currencies like the US dollar, they provide a "safe haven" of value for the volatile crypto world and have gradually become an important infrastructure for decentralized finance and global payments. Its market capitalization has soared from zero to hundreds of billions of dollars, seemingly heralding the rise of a new form of currency. However, just as the market was celebrating, the Bank for International Settlements issued a stern warning in its latest economic report. The report clearly states that stablecoins are not real currency, and behind their seemingly prosperous ecosystem lies systemic risks that could shake the entire financial system. This conclusion is like a cold shower, forcing us to reassess the nature of stablecoins. This article will delve into the interpretation of this report, focusing on its proposed "Triple Gate" theory of currency - that is, any reliable currency system.