1. What favourable information will cause BTC to break the 100,000 USD mark again? How much can it rise this time?
Overnight, the cryptocurrency market experienced a significant rebound, with Bitcoin rising again to over $100,000, peaking at over $103,000, and Ethereum achieving a rise of over 20%. The situation in the cryptocurrency market is looking very good. As of the time of writing, BTC has risen by 4.7%, reported at $102,804. In addition, many other mainstream coins have also achieved double-digit rises. Click to read more.
2. When Virtual Currency Crosses the Silk Road
This week, I drove in the Hexi Corridor, all the way from Wuwei, Zhangye, Jiuquan to Dunhuang, and passed through the wind and sand mouth at the foot of Qilian Mountain. When I stood on the side of the Great Wall of the Han Dynasty and watched the sunset, an idea came to my mind, will the invisible and intangible thing of virtual currency have anything to do with this trade route that once held up the Eurasian civilization? Click here to read
3. Zuckerberg Suddenly Restarts Stablecoin Plan
In 2019, Meta announced a bold plan: to launch a new stablecoin that could operate across Facebook, WhatsApp, and many other digital platforms. However, after facing strong opposition from the U.S. Congress and other legislative bodies, the company ultimately abandoned the plan. Now, Meta is once again testing the waters in the stablecoin space. According to five insiders, the company is in discussions with cryptocurrency firms to launch a stablecoin as a means of managing payments and has hired a product vice president with stablecoin experience to drive the discussions. The identities of these five insiders are known to Fortune magazine, but they requested anonymity to discuss the business secret. Click to read.
4. Looking at the technical competition between FHE, TEE, ZKP, and MPC from the sub-second MPC network lka launched by Sui
The Ika network, supported strategically by the Sui Foundation, has recently officially disclosed its technical positioning and development direction. As an innovative infrastructure based on Multi-Party Computation (MPC) technology, the most notable feature of this network is its sub-second response speed, a first among similar MPC solutions. The technical compatibility between Ika and the Sui blockchain is particularly prominent, with both aligning closely in underlying design concepts such as parallel processing and decentralized architecture. In the future, Ika will be directly integrated into the Sui development ecosystem, providing plug-and-play cross-chain security modules for Sui Move smart contracts. Click to read.
5. Cold Thoughts Under the Current Market RWA Boom
Since the beginning of this year, RWA has continued to be a highly focused hot topic globally. On one hand, the United States and the European Union have been continuously introducing relevant policies to respond to and regulate the innovations emerging in areas such as asset tokenization and stablecoins. For example, on April 3, the U.S. House Financial Services Committee voted to pass the “Stablecoin Transparency and Accountability Framework for a Better Ledger Economy” (referred to as the STABLE Act), which clarifies the reserve and capital requirements as well as anti-money laundering standards for stablecoin issuance. On the other hand, many financial institutions and industry leaders have announced the launch of tokenized-related products. Click to read.
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Must-Read 5 Articles for the Evening | A Cold Reflection on the Current Market's RWA Boom
1. What favourable information will cause BTC to break the 100,000 USD mark again? How much can it rise this time?
Overnight, the cryptocurrency market experienced a significant rebound, with Bitcoin rising again to over $100,000, peaking at over $103,000, and Ethereum achieving a rise of over 20%. The situation in the cryptocurrency market is looking very good. As of the time of writing, BTC has risen by 4.7%, reported at $102,804. In addition, many other mainstream coins have also achieved double-digit rises. Click to read more.
2. When Virtual Currency Crosses the Silk Road
This week, I drove in the Hexi Corridor, all the way from Wuwei, Zhangye, Jiuquan to Dunhuang, and passed through the wind and sand mouth at the foot of Qilian Mountain. When I stood on the side of the Great Wall of the Han Dynasty and watched the sunset, an idea came to my mind, will the invisible and intangible thing of virtual currency have anything to do with this trade route that once held up the Eurasian civilization? Click here to read
3. Zuckerberg Suddenly Restarts Stablecoin Plan
In 2019, Meta announced a bold plan: to launch a new stablecoin that could operate across Facebook, WhatsApp, and many other digital platforms. However, after facing strong opposition from the U.S. Congress and other legislative bodies, the company ultimately abandoned the plan. Now, Meta is once again testing the waters in the stablecoin space. According to five insiders, the company is in discussions with cryptocurrency firms to launch a stablecoin as a means of managing payments and has hired a product vice president with stablecoin experience to drive the discussions. The identities of these five insiders are known to Fortune magazine, but they requested anonymity to discuss the business secret. Click to read.
4. Looking at the technical competition between FHE, TEE, ZKP, and MPC from the sub-second MPC network lka launched by Sui
The Ika network, supported strategically by the Sui Foundation, has recently officially disclosed its technical positioning and development direction. As an innovative infrastructure based on Multi-Party Computation (MPC) technology, the most notable feature of this network is its sub-second response speed, a first among similar MPC solutions. The technical compatibility between Ika and the Sui blockchain is particularly prominent, with both aligning closely in underlying design concepts such as parallel processing and decentralized architecture. In the future, Ika will be directly integrated into the Sui development ecosystem, providing plug-and-play cross-chain security modules for Sui Move smart contracts. Click to read.
5. Cold Thoughts Under the Current Market RWA Boom
Since the beginning of this year, RWA has continued to be a highly focused hot topic globally. On one hand, the United States and the European Union have been continuously introducing relevant policies to respond to and regulate the innovations emerging in areas such as asset tokenization and stablecoins. For example, on April 3, the U.S. House Financial Services Committee voted to pass the “Stablecoin Transparency and Accountability Framework for a Better Ledger Economy” (referred to as the STABLE Act), which clarifies the reserve and capital requirements as well as anti-money laundering standards for stablecoin issuance. On the other hand, many financial institutions and industry leaders have announced the launch of tokenized-related products. Click to read.