This issue's cover: Photo by Debby Hudson on Unsplash
In the past two years, there has been a significant change in the landscape of public chains. The Ethereum ecosystem has lacked DeFi-type innovations in this cycle, and L2 development has gradually deviated from the original intention of the mainnet, raising market doubts; meanwhile, Solana has rapidly risen with its high-performance advantages, driven by high-frequency asset interactions and meme culture, gradually showing a challenging posture against Ethereum. So, in the battle between the king of public chains and challengers, who will emerge as the ultimate winner in the future? To this end, Web3Caff Research researcher CG | Zhou Yijian has written this report of over 10,600 words, aiming to present readers with a comprehensive panorama of the Ethereum and Solana ecosystems from both macro and micro perspectives, helping readers understand the present and future of both.
Ethereum vs Solana Ten Thousand Word Research Report: Discussing the Battle Between the King of Public Chains and Challengers, a panoramic comparison and analysis of their ecosystems, technical architectures, ecological strategies, governance philosophies, and development challenges.
According to the official Metis introduction, Hyperion is committed to building a 'high-performance, AI-native' L2 network that can achieve near millisecond transaction confirmations and ultra-high transaction throughput, making AI-native applications possible. The launch of Hyperion transforms Metis from just an L2 into a 'multi-chain infrastructure + AI-specific chain' platform, and this article explores it.
Metis Hyperion: Igniting hope for Ethereum's AI narrative?
In the past three years, stablecoins have become an indispensable part of the African financial system, providing a reliable store of value, cross-border remittances, and trade without relying on severely volatile and unstable local currencies. Dollar-backed stablecoins like USDT and USDC are filling the gaps left by traditional finance. This article delves into the African stablecoin market for you, offering a quick overview.
Web3 Payments Ten Thousand Word Research Report: In 2025, stablecoins in Africa.
In May 2025, leading global cryptocurrency exchange Coinbase disclosed a high-profile social engineering attack incident, where attackers bribed overseas customer service personnel to steal user data and extort $20 million. This article provides an in-depth analysis of the background, attack details, impact, and response measures of the Coinbase incident, offering a quick read.
Coinbase sets off another social engineering attack alert: it's not a system error, but a human problem.
MCP originated from Web2 AI and is now being reimagined in the context of Web3. For instance, Binance founder CZ recently publicly called on AI developers to actively build high-quality MCP Servers. Currently, more and more people in the crypto industry are beginning to realize the potential of MCP in connecting AI and blockchain, and this article delves into it, offering a quick read.
MCP: The core engine driving the next generation of Web3 AI Agents.
If you've been in the crypto space for a few years, perpetual futures trading is likely not a new concept. With high leverage, high risk, and high return characteristics, it has become the focus of global investors. So, are perpetual futures a financial innovation or an online casino? This article explores the true nature of perpetual futures and the logic behind them, offering a quick read.
Mankiw Research: Is Cryptocurrency Perpetual Futures Trading Gambling or Financial Derivatives? Mankiw compares the global regulatory landscape horizontally.
With the rapid development of AI technology, especially the widespread application of large language models and multi-agent systems, the efficient connection and communication between models and external tools, as well as between models themselves, have become crucial. Against this backdrop, protocols like MCP and A2A have been introduced successively. This article analyzes the MCP and A2A protocols and common attack methods, offering a quick read.
In-depth study: Analysis and security guide of MCP and A2A protocols.
According to statistics from a public tracking tool created and maintained by Casa's CTO Jameson Lopp, as of now, there have been at least 22 recorded physical attack incidents against crypto practitioners or their relatives in the first five months of 2025 alone. This number is nearly catching up with the total for the entire year of 2023 and is approaching the total for 2024. This article discusses it.
22 kidnappings in 5 months, crypto wealth attracts 'murderous intent'.
In May 2025, CryptoPunks was 'sent to the museum'. To be precise, Yuga Labs transferred the intellectual property of this project, which pioneered the NFT art era, to a non-profit organization called Infinite Node Foundation (NODE). This article provides an in-depth exploration for you, offering a quick read.
Yuga Labs lets go of CryptoPunks; is the next stop for NFT blue chips a museum?
The Ethereum Pectra network upgrade was launched on May 7, 2025, at 10:05 AM UTC (epoch 364032) and was successfully activated on the mainnet 13 minutes later. The Pectra upgrade lays the technical foundation for the next step to introduce Verkle Trees and PeerDAS in the Fusaka upgrade. This article provides an in-depth exploration for you, offering a quick read.
The Ethereum Pectra upgrade is complete, and the next development focus remains on improving base layer scalability.
Ten noteworthy news items to pay attention to this week.
The Hong Kong Special Administrative Region Legislative Council passed the Stablecoin Regulation Bill.
Source: (Finance)
(GENIUS Act) motion has been voted through.
Source: Eleanor Terrett
The US SEC acknowledges BlackRock's spot Ethereum ETF's physical redemption.
Source: Phoenix » PhoenixNews.io
Solana Mobile's second smartphone, Seeker, will ship on August 4.
Source: Seeker | Solana Mobile
The Mayor of New York City announces the establishment of a cryptocurrency advisory committee.
Source: CoinDesk
Story empowers the Virtuals ecosystem AI music platform MUSIC.
Source: Story
Dune launches a multi-chain real-time developer platform sim.
Source: Dune
FTX plans to distribute repayments on May 30.
Source: Sunil (FTX Creditor Champion)
WLFI USD1 stablecoin integrates Chainlink CCIP for multi-chain availability.
Source: CoinDesk
Web3 game developer Voya Games completes $5 million in financing, led by 1kx and Makers Fund.
Source: venturebeat
TON ecosystem DEX Tradoor completes $3.2 million financing, led by TON Ventures and others.
Source: Cointelegraph
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