1. What favorable factors have led BTC to break through the $100,000 barrier again? How much can it rise this time?
Overnight, the cryptocurrency market saw a significant rebound, with Bitcoin rising again above $100,000, peaking at over $103,000, and Ethereum even achieving more than a 20% increase. The crypto market is in a favorable situation. As of the time of writing, BTC has risen by 4.7%, priced at $102,804. Additionally, 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, passing through the sandy pass at the foot of the Qilian Mountains, and realized that the 'Silk Road' is not just a romantic phrase; it is a vast expanse of wind and sand, continuous relay stations, and thousand-year-old camel bells. Standing by the Han Great Wall watching the sunset, a thought crossed my mind: does this invisible and intangible thing called virtual currency have any connection with the trade route that once supported Eurasian civilization? Click to read
3. Zuckerberg suddenly restarts the stablecoin plan
In 2019, Meta announced an ambitious plan: to launch a new stablecoin that could operate on 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 sector. According to five insiders, the company is discussing the launch of a stablecoin as a means of managing payments and has hired a product vice president 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. Examining the technical competition between FHE, TEE, ZKP, and MPC from the sub-second MPC network launched by Sui
The Ika network, which receives strategic support from the Sui Foundation, has recently officially revealed 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, which is unprecedented among similar MPC solutions. The technical compatibility between lka and the Sui blockchain is particularly remarkable, as both align closely in underlying design philosophies, 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 reflections amidst the current market RWA craze
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 are continuously introducing relevant policies to respond to and regulate the innovative formats emerging in the fields of asset tokenization and stablecoins. For example, on April 3, the U.S. House Financial Services Committee voted to pass the Stablecoin Transparency and Accountability Act (STABLE Act), aimed at creating a better ledger economy, 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 leading industry companies have announced the launch of tokenization-related products. Click to read
