1. What favorable factors enabled BTC to break the $100,000 mark again? How high can it rise this time?
Overnight, the cryptocurrency market rebounded sharply, with Bitcoin rising again to over $100,000, peaking at over $103,000, while Ethereum even achieved an increase of more than 20%. The cryptocurrency market is in a booming situation. As of press time, BTC has risen by 4.7%, reporting $102,804. Moreover, many other mainstream coins have also achieved double-digit increases. Click to read
2. When virtual currency crosses the Silk Road
This week, I drove through the Hexi Corridor, traveling from Wuwei, Zhangye, Jiuquan to Dunhuang. Crossing the sandstorm pass at the foot of the Qilian Mountains made me realize that the 'Silk Road' is not a romantic term, but rather a place of endless sandstorms, continuous post stations, and millennia of camel bells. Standing by the Han Great Wall watching the sunset, a thought came to me: does this intangible virtual currency have any connection to the trade route that once supported Eurasian civilization? Click to read
3. Zuckerberg suddenly restarts stablecoin plan
In 2019, Meta announced an ambitious 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 field. According to five informed sources, the company is in discussions with cryptocurrency firms to launch a stablecoin as a means of managing payments and has hired a vice president of products with stablecoin experience to drive related discussions. The identities of these five insiders are known to Fortune magazine, but they requested anonymity to discuss this business secret. Click to read
4. Viewing the technical game between FHE, TEE, ZKP, and MPC from the sub-second MPC network lka launched by Sui
The Ika network, which receives strategic support from the Sui Foundation, has recently officially disclosed its technical positioning and development direction. As an innovative infrastructure based on multi-party secure computing (MPC) technology, the most notable feature of this network is its sub-second response speed, which is unprecedented among similar MPC solutions. The technical compatibility between lka and the Sui blockchain is particularly prominent; both align 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 a plug-and-play cross-chain security module for Sui Move smart contracts. Click to read
5. Cold thoughts amidst the current market RWA boom
Since the beginning of this year, RWA has continuously become a highly concerned hot topic globally. On one hand, the United States and the European Union have been continuously introducing relevant policies to respond to and regulate innovations in asset tokenization and stablecoins. For example, on April 3, the U.S. House Financial Services Committee voted to pass the STABLE Act (Stability and Transparency for the Better Ledger Economy), which clarifies the reserve and capital requirements for stablecoin issuance as well as anti-money laundering standards. On the other hand, many financial institutions and leading industry enterprises have announced the launch of tokenization-related products. Click to read
