(Web3 Daily) is a comprehensive morning report column launched by Web3Caff, aimed at the Web3.0 field, based on important news, official updates, and selected articles from the past 24 hours, designed to help Web3.0 enthusiasts and builders quickly understand the latest industry developments. Of course, if you want to further stay updated with the latest industry trends and excellent articles, please remember to follow our official Twitter.
Cover: Alpaca
Ripple president confirms the company will not go public in 2025
Source: Cointelegraph
Nike faces a class-action lawsuit for shutting down its cryptocurrency department RTFKT
Source: Bitcoin.com News
The Fed's withdrawal of crypto-related banking guidance may accelerate the traditional banking sector's inclusion of BTC checking accounts, crypto loans, and other services
Source: Finance Feeds
Coinbase calls for the repeal of the SEC employee prohibition on holding cryptocurrencies
Source: Cointelegraph
Vitalik states that the process of account abstraction is currently only halfway complete, with the ultimate goal being to make non-ECDSA accounts the mainstream account type
Source: vitalik.eth
WLFI founder meets CZ in Abu Dhabi
Source: WLFI
Infrastructure platform Alpaca completes $52 million Series C financing, with Derayah Financial and others participating.
Source: Alpaca
Decentralized short drama platform DeTV receives investment from Ember Labs, APEX VENTURE, Zenith Capital, and others
Source: DeTV
Exciting articles you may have missed
Although blockchain is known for its openness and transparency, as technology evolves and the Web3 ecosystem expands, the demand for privacy in scenarios like DeFi, RWA, and social interactions is increasingly urgent. Some users wish to hide their asset holdings and interaction statuses, or conceal identity information in applications. Therefore, achieving on-chain privacy protection is also a way for Web3 to develop into a deeper realm. The newly announced financing Inco is dedicated to building a modular privacy layer that allows developers to directly create privacy smart contracts across different blockchains. So, can Inco leverage its modular privacy layer to achieve new heights of compliance and privacy? This edition of Web3Caff Research's "Financing Project Analysis" will deliver a thorough analysis and commentary for you.
Financing project analysis: From confidential ERC-20 to compliant RWA standards, can Inco leverage its modular privacy layer to achieve new heights of compliance and privacy?
Vitalik proposes replacing EVM with RISC-V not merely as a simple technical architecture adjustment, but as a proactive innovative strategy for Ethereum to respond to competition from high-performance public chains. This proposal is closely related to upgrades like Verge and Purge in Ethereum's roadmap, essentially revolving around underlying SNARKs. This article delves into this topic for you.
Analyzing Vitalik's strategic ambition to reconstruct Ethereum's execution layer using RISC-V
SP1 is a universal zero-knowledge virtual machine (zkVM) that allows developers to write ordinary code in Rust, generating efficient zero-knowledge proofs to verify correct program execution. The core innovation of SP1 is that it significantly lowers the development threshold for zero-knowledge proofs while maintaining top performance and flexibility. This article delves into this topic for you.
A brief analysis of Succinct SP1: The fastest zkVM
The judicial disposal of virtual currencies appears to be a technical operation issue on the surface, but in essence, it is a continuous upgrading process of the judicial system's governance capability over new digital assets. Whether it's the law enforcement agencies' ability to trace asset sources or the control and monetization processes of on-chain assets, more structured exploration paths are gradually being formed. This article delves into this topic.
Lawyer Mankiw: Judicial disposal of virtual currencies has become a 'hard demand', with three main difficulties
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