Cover: Photo by Debby Hudson on Unsplash
Why can't users use the stocks in their securities accounts as margin in the decentralized financial sector? Why can't users' viewing records on video platforms be used as their entertainment preferences in Web3? In fact, there are many questions similar to the fact that users' data in Web2 cannot be used in Web3. The reason is that the control of these data is not dominated by users, and they lack credible verification without leaking user privacy. This is also one of the main reasons why Web3 has not yet been adopted on a large scale. This research report will start with the problems faced by Web3, elaborate on the working principle of the zkTLS protocol, deeply analyze its MPC, Proxy and TEE solutions, and sort out its usage scenarios, and put forward the challenges and limitations currently faced by zkTLS, and look forward to its prospects. By reading this article, readers can fully understand the current status and future potential of the zkTLS protocol.
15,000-word research report on zkTLS: The trend has arrived. Can it become the cornerstone of large-scale adoption in the era of Web3 trusted computing? A panoramic analysis of its technical principles, main solutions, ecological projects, risks and challenges, and future potential
The GENIUS Act, short for the Guiding and Ensuring National Innovation for US Stablecoins Act, is a bipartisan legislative proposal. The GENIUS Act passed the US Senate last week with a bipartisan vote of 66 to 32. The bill will next be submitted to the House of Representatives for deliberation. This article explores the bill for you.
(GENIUS Act) and Stablecoins: A New Blue Ocean for Investment under Regulation
With the US Senate passing the voting motion for the US dollar stablecoin bill and the Hong Kong Legislative Council passing the Hong Kong dollar stablecoin bill, stablecoins have quickly become the hottest industry topic and attracted wider attention. It is generally expected that the blockchain digital economy will usher in a very exciting outbreak. This article looks forward to the innovations and opportunities brought by the stablecoin economy and RWA.
Dialogue with Dr. Xiao Feng (Part 2): Chinese people will surely become the protagonists of RWA innovation, but they cannot wear new shoes and walk the old path
On May 24, the Cyberspace Administration of China issued a notice to rectify a number of online financial information accounts and websites. Among them, the most relevant to the Web3 industry is that a number of accounts that promote virtual currency transactions were "closed in accordance with the law and contract." This time, the link between account content and community operation was dealt with, which sounded a wake-up call for Web3 content creators. This article discusses it for you.
Cryptocurrency KOLs should be careful, attracting new users to exchanges may be illegal
On May 22, according to community news, Cetus, the liquidity provider in the SUI ecosystem, was suspected to have been attacked, and the depth of the liquidity pool dropped significantly. The estimated amount of loss is more than 230 million US dollars. This article provides you with an in-depth analysis of the attack method of the incident, please read it quickly.
SlowMist: Analysis of the $230 million theft from Cetus
ASU 2023-08 is the first accounting standard update specifically formulated by FASB for crypto assets. The revision of this accounting standard began in 2022, and after multiple reviews and extensive solicitation of opinions from stakeholders, it was finally agreed upon and released in 2023. This article will provide you with an in-depth discussion of the main contents of ASU 2023-08. Please read it quickly.
What challenges does the update of US crypto accounting standards bring? FinTax Crypto Accounting and Auditing Special (Part 4)
With the US Senate passing the voting motion for the US dollar stablecoin bill and the Hong Kong Legislative Council passing the Hong Kong dollar stablecoin bill, stablecoins have quickly become the hottest industry topic and attracted wider attention. This article explains the significance of US dollar stablecoins and looks forward to the opportunities brought by the stablecoin economy and RWA. Please read it quickly.
Dialogue with Dr. Xiao Feng (Part 1): US dollar stablecoin legislation is a victory for technological innovation, but the impact will be very complex
In the Crypto world, "attention" is gradually becoming an asset that can be priced. Kaito is a star InfoFi project that has emerged in this context. Kaito was once regarded as an innovator of "information financialization". However, in just a few months, more and more voices have begun to question its algorithm mechanism and ecological impact. This article discusses it for you.
The Algorithm "Tightening Curse": Kaito's Game of Thrones
On May 7, 2025, the Office of the Comptroller of the Currency (OCC) made it clear that banks can outsource crypto activities to third parties, including custody and execution services. As long as everything still meets the regulator's security and robustness requirements, the OCC will give banks more freedom in crypto. This article will give you an in-depth discussion, please read it quickly.
US banks can legally engage in crypto asset business
The hottest technology topics in the past two years are AI and Web3. On the surface, they are two unrelated technology fields, one is about intelligence and the other is about decentralization. But more and more entrepreneurs and technology communities are beginning to realize that these two systems may be getting closer to each other and even need each other. The question is, do they really need each other? This article will explain it to you.
Lawyer Mankiw: Web3 in the left hand and AI in the right hand are the real Web3.0
10 news stories to watch this week
ZKsync launches enterprise-grade privacy chain infrastructure ZKsync Prividium
Source: ZKsync
Solana Launches Solana Attestation Service (SAS)
Source: Solana
Sonic Launches Validator Program
Source: Sonic SVM
Galxe launches Starboard, a user growth and incentive analytics tool
Source: Galxe
US Senator Loomis Says Trump Supports Bitcoin Bill
Source: Jinshi Data
Circle has applied to be listed on the New York Stock Exchange under the ticker symbol "CRCL"
Source: CoinDesk
Starknet Launches Rune Stablecoin Backed 1:1 by USDC Reserves
Source: Starknet
Stablecoin company Conduit completes $36 million Series A financing, led by Dragonfly Capital
Source: Fortune
Decentralized Stablecoin Funding Marketplace Hyperdrive Completes $6 Million Series A Funding, Led by Hack VC and Arrington Capital
Source: cmointern
Decentralized computing network Acurast completes $5.4 million in financing
Source: Acurast
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