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Ethereum on the rise

'After a long wait', can the newly established Ethereum Community Fund reignite faith in ETH?

Whether successful or not, the emergence of ECF itself releases a positive signal: the Ethereum ecosystem still has the ability to self-update, and there are still developers who refuse to remain silent willing to step forward.

From world computer to world ledger, does Ethereum aim to become an on-chain central bank?

From 'World Computer' to 'World Ledger', what narrative transformations has Ethereum undergone?

Ten core reasons to be bullish on Ethereum

The following 10 reasons will dissect how ETH has transitioned from industry consensus to a cross-cycle explosive engine.

ETH reserve companies become the new favorites in U.S. stocks; a look at the businesses and backers of four star enterprises

Ethereum reserves have become the new favorite in the U.S. stock market.

Interpreting the Ethereum Fusaka upgrade: The expansion theory behind 12 EIPs

Fusaka is not only about enhancing on-chain scalability but also represents a critical step for Ethereum's transition to mainstream commercial applications and everyday users.

Macroeconomic Perspective

CoinGlass cryptocurrency derivatives semi-annual report: Market structure shows significant differentiation, investment sentiment in altcoins remains cautious

Looking ahead to the second half of 2025, the core variables of the market remain macro policies, ETF flows, and shifts in risk appetite. If there is a substantial adjustment in the Federal Reserve's interest rate policy, or if the ETH spot ETF staking mechanism is implemented, it is expected to become an important catalyst for repairing risk appetite.

When Wall Street falls in love with staking, the game begins to change

Wall Street does not understand decentralization, but it certainly understands yields.

The 'Big and Beautiful Act' has passed, and the U.S. may soon see a 'flood of supply' for short-term government bonds?

Can $70 trillion in liquidity catch the flood of bond issuance?

In the crazy coin-hoarding wave led by Strategy, you are the true 'strategist'

Bitcoin is no longer this company's primary strategy, nor is it for those emerging Bitcoin vault companies; you are.

As the first half of 2025 comes to a close, which main lines will create the 'new engines' for crypto in the second half?

Current BTC price maintains a high range of $100,000 to $120,000. Looking ahead to the second half of the year, with multiple positives such as a possible interest rate cut by the Federal Reserve, continuous growth in corporate crypto adoption, and clearer regulatory policies, a new round of steady development is expected.

Gains and losses: Discussing the lessons learned from this round of the crypto cycle

Bitcoin has been allocated as it should be, now considering opportunities in U.S. stocks.

AI and Meme

Letsbonk makes a comeback to become the top flow platform for MEME issuance, exceeding Pump.fun on multiple key metrics for the first time

After fierce competition and continuous iteration over just a few months, Letsbonk.Fun has finally achieved a phased victory, reversing the old leader Pump.fun on multiple core metrics, becoming the new generation's central hub for token issuance.

Breakthroughs in multimodal video generation technology; how will Web3 benefit from this?

As AI gradually shifts from centralized large-scale resource allocation to modular collaboration, there is a new demand for decentralized platforms.

Pump.fun's sky-high valuation during token issuance faces collective criticism; the founder's old statements have been dug up, is public fundraising worth participating in?

At the moment Pump.fun officially announced its token launch, the already tense on-chain strings tightened again. Some criticized its inflated valuation after being overtaken by competitors LetsBONK, while others worried it would quietly exit after squeezing the last wave of liquidity.

In-depth interpretation of the Virtuals protocol: the rise of the trillion-dollar agency economy

How can AI agents create their own economy?

Interpreting current popular AI new projects from the three major trends: technology, scenarios, and capital

In the past month, this sector has shown three major trends: technical pragmatism, scenario segmentation, and capital focusing on cash flow; let's look at the highlights and challenges of popular projects.

The PANews account【MEME Daily】will select daily hot memes to keep readers informed about the track; click here to view.

Seize the opportunity

AI, cross-chain, and privacy become highlights; a quick overview of the top 10 new projects that made it to the finals of the ETHGlobal Cannes hackathon

Just past weekend, at the ETHGlobal Cannes hackathon, developers created 334 projects within 36 hours, with 10 ultimately making the finals.

Order book + AMM, what is the hybrid exchange developed by Kuru?

The project aims to build a full-chain order book + automated market maker hybrid DEX on the high-performance EVM public chain Monad.

Breaking through the cold wave of Web3 gaming, what is DPS, which secured $30.5 million in funding?

Bitkraft and Brevan Howard co-lead investment; How did Distinct Possibility Studios (DPS) and its first game (Reaper Actual) complete substantial financing against the odds?

Pumpfun is aging; what concepts are emerging platforms hyping?

The token concept lacks a main line; official endorsements have repeatedly become core elements.

Web3 News

13 billion yuan, 2 million victims, uncovering the largest case of 'capital flight' involving stablecoins, 'Xin Kang Jia'

'Xin Kang Jia', cloaked in the guise of a stablecoin, waves the flag of the Dubai Exchange, claims to connect Dubai capital, signs a strategic cooperation agreement with Sinopec, and uses 'capital protection with high interest' packaging to lure numerous middle-aged people and individual owners from third- and fourth-tier cities to invest, ultimately leading to a downfall.

CZ details for the first time: why selling a house to go all-in on Bitcoin, Binance's first-year profit of $1 billion

CZ is the founder of Binance and also one of the most successful entrepreneurs of our time. In this interview, we delve into his life trajectory—from his first purchase of Bitcoin in 2013 to how he copes with the ups and downs of the crypto market, and his outlook for the future.

Is Stripe entering L1? Interpreting the blockchain ambitions behind the payment giant

Regardless of whether the rumors are true, any blockchain-related actions by Stripe could have far-reaching impacts on the payment industry landscape.

How can NFTs find life during the winter? OpenSea CEO reveals three paths: technology, AI, and regulations

With the continuous development of artificial intelligence, the increasingly complex gaming ecosystem, and the growing link between our identities and digital assets, NFTs may truly fulfill the vision advocated by Finzer and other early proponents—not as speculative assets, but as essential infrastructure for a digitized future.

Phantom integrates Hyperliquid's perpetual contract features; can it break through in the wallet wars after having millions of monthly active users?

Phantom has launched perpetual contract trading features, supported by Hyperliquid’s API. Facing overall market impacts in recent months, Phantom is facing revenue declines and market growth pressures; can it break through in the fiercely competitive wallet battle?

Losses exceed $40 million; analysis of the GMX hacking incident's principles

GMX suffers a hack, losing over $40 million. The attacker exploited a reentrancy vulnerability and opened a short position while the contract enabled leverage, executing the attack.

Zelensky's '200 million dollar suit scandal': When oracles become tools for profit, how can AI resolve the 'truth dilemma'?

When humans control the definition of truth, truth becomes a tool for profit. When the cost of corruption is lower than its returns, facts become commodities auctioned to the highest bidder.

The Solana token issuance battle: What secrets do Metaplex, Raydium, and Axiom have for easy wins?

This article will deeply analyze Metaplex, Raydium, and Axiom from the data, revealing how they became stable winners behind the scenes in the Solana launch platform battle. These hidden winners do not compete for narrative, do not bet on coin prices; they only build the stove, light the fire, and then quietly collect chips in the flow.

Tokenized stock market hits the brakes: U.S. SEC commissioner clarifies that tokenized securities still fall under the category of securities

Distributors of tokenized securities must consider their disclosure obligations under federal securities laws; market participants should meet with the commission and its staff early when building their tokenized products.

The truth that crypto KOLs won't tell you: The four major illusions and data falsifications when new projects launch

Creating flashy Twitter metrics, well-known VC support, and maximizing FOMO atmosphere at the launch week are not effective in driving token prices. Focusing on product development, reasonable token pricing to avoid overvaluation, sincere communication, and discarding vanity metrics are key to a successful TGE.

Key Information

Investigation on Yiwu's stablecoin trading '1 billion dollar flow': only a few merchants charge fees

Musk confirms 'The American Party will embrace Bitcoin'

Truth Social submits S-1 filing to the SEC, planning to launch a cryptocurrency blue-chip ETF

Grayscale adds Ondo and Hedera to its DeFi fund and smart contract fund for Q2, removing Polkadot

NVIDIA becomes the first company with a market value exceeding $4 trillion

Zhao Changpeng criticizes the TON Foundation's marketing approach regarding the UAE 'Golden Visa' project as misleading

Analysis: As the U.S. SEC considers speeding up the approval framework, the 'floodgates' for cryptocurrency ETFs are about to open

Ant International denies access to Circle

Shanghai Municipal State-owned Assets Supervision and Administration Commission holds a study session on the development trends and response strategies of cryptocurrencies and stablecoins

Wuxi Municipal Committee reform task advancement meeting: exploring practical paths for stablecoins to empower foreign trade development