Web3 Morning News: The Legislative Council of the Hong Kong Special Administrative Region passed the Stablecoin Bill, the GENIUS Act has voted to pass the motion, Web3 game developer Voya Games completed a $5 million financing, 1kx and Makers Fun...
(Web3 Morning News) is a comprehensive morning news column launched by Web3Caff for the Web3.0 field based on important news, official dynamics and good articles in the past 24 hours, aiming to help Web3.0 enthusiasts and builders quickly understand the latest industry trends. Of course, if you want to know the latest industry trends and exciting articles in a timely and comprehensive manner, please remember to follow our official Twitter
Cover: Voya Games
The Hong Kong SAR Legislative Council passed the Stablecoin Bill
Source: (Finance)
(GENIUS Act)Motion voted to pass
Source: Eleanor Terrett
US SEC approves physical redemptions of BlackRock’s spot Ethereum ETF
Web3Caff Daily Selection: Sei Giga wants to crack the blockchain impossible triangle? Web3 payment 10,000-word research report
[Market Trend Insight: Sei Giga wants to solve the blockchain impossible triangle? What is the magic of its multi-proposer architecture + Autobahn consensus mechanism? ]
The core challenge facing blockchain technology lies in the inherent contradiction between performance and decentralization. Specifically, mainstream blockchains are limited by single-proposer architectures and tightly coupled consensus mechanisms, resulting in low throughput and high latency, making it difficult to support scenarios with strict real-time requirements such as high-frequency trading. On May 19, 2025, blockchain infrastructure developer Sei Labs officially released the Sei Giga white paper. Jay Jog, co-founder of Sei Labs, emphasized at the technology conference: "Sei Giga is not a simple reconstruction of the EVM-compatible chain, but a redefinition of the performance limit of blockchain."
Web3Caff Daily Selection: Sei Giga wants to crack the blockchain impossible triangle? Web3 payment 10,000-word research report
[Market Trend Insight: Sei Giga wants to solve the blockchain impossible triangle? What is the magic of its multi-proposer architecture + Autobahn consensus mechanism? ]
The core challenge facing blockchain technology lies in the inherent contradiction between performance and decentralization. Specifically, mainstream blockchains are limited by single-proposer architectures and tightly coupled consensus mechanisms, resulting in low throughput and high latency, making it difficult to support scenarios with strict real-time requirements such as high-frequency trading. On May 19, 2025, blockchain infrastructure developer Sei Labs officially released the Sei Giga white paper. Jay Jog, co-founder of Sei Labs, emphasized at the technology conference: "Sei Giga is not a simple reconstruction of the EVM-compatible chain, but a redefinition of the performance limit of blockchain."
Web3 Morning News: The Mayor of New York City announced the establishment of a cryptocurrency advisory committee, Story empowered Virtuals ecosystem AI music platform MUSIC, Bitcoin liquidity pledge agreement Rover completed a $4.1 million seed round of financing, UT...
(Web3 Morning News) is a comprehensive morning news column launched by Web3Caff for the Web3.0 field based on important news, official dynamics and good articles in the past 24 hours, aiming to help Web3.0 enthusiasts and builders quickly understand the latest industry trends. Of course, if you want to know the latest industry trends and exciting articles in a timely and comprehensive manner, please remember to follow our official Twitter
Cover: Rover
New York City Mayor Announces Cryptocurrency Advisory Committee
Source: CoinDesk
Story empowers Virtuals ecosystem AI music platform MUSIC
Web3Caff Daily Selection: Ethereum vs Solana Ten Thousand Word Research Report, 'GENIUS Stablecoin Bill' Passed by U.S. Senate
[Ethereum vs Solana Ten Thousand Word Research Report: A Comprehensive Comparative Analysis of the King of Public Chains and Challengers, Covering Their Ecosystems, Technological Architectures, Ecological Strategies, Governance Philosophies, and Development Challenges]
This report will explore how different underlying technological architectures of Ethereum and Solana may lead to varying public chain ecosystems based on different technological routes and governance philosophies. Additionally, it will discuss the potential paths for sustainable development of blockchain. From a micro perspective, this report will focus on extreme detail, presenting readers with: five factors that truly affect blockchain network security, performance, and usage costs; the calculation formula determining the network fees for Ethereum and Solana; and details such as the dozens of times difference in capital turnover rate between Ethereum and Solana. In summary, this report will provide a comprehensive panorama of the Ethereum and Solana ecosystems from both macro and micro perspectives, helping readers see the current and future states of the reigning king of public chains and challengers.
【The $1.1 billion acquisition is just the beginning! Stripe Defines Borderless Finance with Stablecoin Financial Accounts】
After spending $1.1 billion to acquire the stablecoin payment platform Bridge in October 2024, Stripe officially announced the launch of stablecoin financial accounts on May 8. So, what countries or regions does its business cover? What is Stripe's layout in the cryptocurrency field? This article discusses these points for a quick read.
【MCP: The Core Engine Driving the Next Generation Web3 AI Agent】
MCP originated from Web2 AI and is now being reimagined in a Web3 context. For example, Binance founder CZ recently publicly urged 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. This article explores this topic in depth for a quick read.
Web3 Daily Briefing: WLFI USD1 stablecoin integrates Chainlink CCIP for multi-chain availability, minutes from the 157th Ethereum consensus layer core developer meeting, Solana ecological ticketing platform XP completes $6.2 million financing...
(Web3 Daily Briefing) is an official comprehensive daily briefing launched by Web3Caff for the Web3.0 sector, based on important news, official updates, and selected excellent articles from the past 24 hours, aimed at helping Web3.0 enthusiasts and builders quickly understand the latest industry dynamics. Of course, if you wish to further and comprehensively stay updated on the latest industry dynamics and excellent articles, please remember to follow our official Twitter.
Cover: Photo by Shubham Dhage on Unsplash
WLFI USD1 stablecoin integrates Chainlink CCIP for multi-chain availability
Source: CoinDesk
Vitalik proposes a new direction for Ethereum L1 scaling
Weekly Outlook: Mayor of New York City ramps up efforts to promote cryptocurrency plans before the crypto summit, Sahara AI launches the SIWA public testnet, Solana hosts the Accelerate 2025 crypto summit
Get to know the key Web3 events to look forward to in the coming week in 3 minutes. If you want to know more dates and a more comprehensive overview of Web3 upcoming events, please check out the 'Web3 Outlook Calendar' section launched by Web3Caff.
Compiled by: 303, Web3Caff
May 19
Sahara AI launched the SIWA public testnet.
Sahara AI launched the SIWA public testnet on May 19.
U.S. legislators hold the final vote on the stablecoin GENIUS bill.
U.S. legislators will hold the final vote on the stablecoin GENIUS bill on May 19.
Web3 Morning Report: Galaxy plans to go public on Nasdaq on May 16, Tether plans to launch new stablecoin products in the U.S. as early as this year, decentralized AI project Gata announces completion of $4 million seed round financing
(Web3 Morning Report) 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 dynamics. Of course, if you want to further stay updated with the latest industry trends and great articles, please remember to follow our official Twitter.
Cover: Gata
Galaxy plans to go public on Nasdaq on May 16
Source: Mike Novogratz
Ripple's acquisition of USDC issuer Circle rejected
Source: cointelegraph
Tether plans to launch new stablecoin products in the U.S. as early as this year
Web3 Daily: U.S. Senator proposes '2025 U.S. Blockchain Deployment Act', Base implements Ethereum Rollup decentralized phase one, crypto startup Unto Labs completes $14.4 million financing, Framework...
(Web3 Daily) is a comprehensive morning report column launched by Web3Caff, focused on important news, official updates, and selected articles in the Web3.0 field over the past 24 hours, aimed at helping Web3.0 enthusiasts and builders quickly understand the latest industry trends. If you wish to stay updated on the latest industry dynamics and exciting articles, please remember to follow our official Twitter.
Cover: Base
U.S. Senator proposes (2025 U.S. Blockchain Deployment Act)
Source: govinfo.gov
Base implements Ethereum Rollup decentralized phase one
Web3Caff Daily Selection: Nillion's 18,000-word research report on blind computing network, can the dual executive director mechanism lead the Ethereum ecosystem out of its predicament?
[Nillion's 18,000-word research report on blind computing network: Can the privacy execution engine ignite the new narrative of Web3 in the AI era? A panoramic breakdown of its development background, technical principles, ecological landscape, competitive situation, and risks and challenges]
As AI and Web3 accelerate their integration, we increasingly rely on intelligent systems for decision-making, yet it is difficult to confirm whether these AIs are protecting our data. To address this issue, Nillion has proposed 'blind computing' for the first time, aiming to unify cryptographic technologies such as MPC, TEE, FHE, and ZK through a multi-layer architecture, attempting to build an executable, scalable, and verifiable privacy computing network for scenarios like AI, DeFi, and DAO. So, does Nillion have the opportunity to promote Web3 as the next generation of internet-native infrastructure? For this, Web3Caff Research researcher Jesse has written this over 18,000-word research report that will take you through the technology to the ecosystem, systematically outlining how it builds a privacy infrastructure born for intelligent agents from network architecture, technical background to actual product level.
Blind Computing Network Nillion 18,000-Word Research Report: Can the Privacy Execution Engine Ignite a New Narrative for Web3 in the AI Era? A Comprehensive Breakdown of Its Development Background, Technical Principles, Ecological Patterns, Competitive Landscape, and Risk Challenges
Web3 Daily Report: U.S. Congress Accelerates Crypto Legislation, Arizona House Passes Two BTC Reserve Bills, Privacy High-Performance Blockchain Miden Announces Completion of $25 Million Seed Round Funding, Led by a16z
(Web3 Daily Report) is a comprehensive morning news column launched by Web3Caff aimed at the Web3.0 field, based on significant news, official updates, and selected excellent articles from the past 24 hours, designed to help Web3.0 enthusiasts and Builders quickly understand the latest industry trends. Of course, if you want to stay updated on the latest industry dynamics and exciting articles, please remember to follow our official Twitter.
Cover: Miden
U.S. Congress Accelerates Crypto Legislation
Source: Crypto In America
Arizona House Passes Two BTC Reserve Bills
Source: bitcoinlaws
South Korea Plans to Introduce Seven Crypto Policies
Web3Caff Daily Selection: Malicious MCP Analysis, Aptos Inflation Governance Dilemma, Interpreting What Compliant Stablecoins Look Like in the Eyes of the SEC
【Malicious MCP Analysis: Covert Poisoning and Manipulation in the MCP System】
Currently, the MCP system is still in its early development stage, with various potential attack methods emerging. The current protocols and tools are difficult to defend against. Especially today, as large models increasingly interact with external plugins and APIs, even minor input contamination can trigger system-level security risks. This article details common attack methods under the MCP system.
Web3 Daily: Ripple president confirms the company will not go public in 2025, Nike faces a class-action lawsuit for shutting down its cryptocurrency department RTFKT, infrastructure platform Alpaca completes $52 million Series C financing, Derayah...
(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
Web3Caff Daily Selection: Can Inco Leverage the Modular Privacy Layer to Achieve a New Height of Compliance and Privacy? Solana Validators Face Changes
[Financing Project Decryption: From Confidential ERC-20 to Compliant RWA Standards, Can Inco Leverage the Modular Privacy Layer to Achieve a New Height of Compliance and Privacy?]
Although blockchain is known for its openness and transparency, the demand for privacy in scenarios such as DeFi, RWA, and social interactions has become increasingly urgent with technological evolution and the expansion of the Web3 ecosystem. Some users wish to hide their asset holdings and interaction states or conceal identity information from applications. Therefore, achieving on-chain privacy protection is also a boost for Web3 to develop on a deeper level. The recently announced financing project Inco is committed to building a modular privacy layer that supports developers in directly developing privacy smart contracts across different blockchains. So, can Inco leverage the modular privacy layer to achieve a new height of compliance and privacy? Web3Caff Research will provide in-depth analysis and commentary in this issue's 'Financing Project Decryption' column.
Weekly Preview: BSC begins the Lorentz mainnet hard fork upgrade, NFT trading platform X2Y2 officially shuts down, application deadline for the sixth Ethereum scholarship program, PsyFi shuts down all services.
3 minutes to understand the important Web3 events to look forward to in the coming week. If you want to learn more dates and a comprehensive preview of Web3 events, please check out the 'Web3 Preview Calendar' section launched by Web3Caff.
Compiled by: 303, Web3Caff
April 28
Staking Summit kicks off in Dubai.
Staking Summit takes place in Dubai on April 28 and 29.
April 29
BSC begins the Lorentz mainnet hard fork upgrade.
BSC conducts the Lorentz mainnet hard fork upgrade on April 29.
Weekly Recommended Reading: DeFi L1 Public Chain Sonic 10,000-word research report, Emergency Guide for Stolen Funds - On-chain Messages; The Re-mortgaging Protocol Symbiotic Completes $29 Million Series A Financing Round Led by Pantera Capital.
This issue's cover: Photo by Debby Hudson on Unsplash.
Previously, DeFi heavyweight AC published an article explaining his decision to exit in 2022 due to regulatory uncertainties. Now, against the backdrop of gradually clarifying global regulations, he returns and launches the next-generation high-performance DeFi chain Sonic. This chain aims to provide infrastructure that offers an experience close to centralized finance, claiming to be the fastest EVM L1 blockchain, and has introduced innovative features such as a native cross-chain bridge and asset insurance, surpassing $100 million in TVL within four months. How can it avoid becoming 'just another EVM chain'? This over 11,000-word research report by Web3Caff Researcher Bessie will evaluate Sonic's consensus mechanism, technical architecture, ecological construction, and future direction, assessing its potential and influence in the DeFi field.
Web3Caff Daily Selection: Can Symbiotic unlock Pandora's box of the re-staking track through its modular security layer?
[Financing project decryption: Secured $29 million in financing! Can the blockchain infrastructure shared security protocol Symbiotic open Pandora's box of the re-staking track through its modular security layer?]
Since the birth of EigenLayer, the Ethereum ecosystem has opened up a new scalable path. On one hand, the staked assets can flow again, and on the other hand, the protocols and applications within the ecosystem can maintain the security of the Ethereum mainnet. Thus, this model has begun to be gradually replicated in other ecosystems, such as Babylon in the Bitcoin ecosystem and Fragmetric in the Solana ecosystem, forming an increasingly large scale of competition. The newly announced financing staking protocol, Symbiotic, is dedicated to further deepening the re-staking track. The system builds a modular, flexible, and customizable shared security protocol framework to provide security coordination mechanisms at the infrastructure level for various networks.
Web3 Morning News: Tim Beiko confirmed that the Ethereum mainnet will implement the Pectra upgrade on May 7, the New Hampshire Senate Finance Committee voted to pass the Bitcoin Reserve Act, and the re-mortgage agreement Symbiotic completed 2900...
(Web3 Morning News) is a comprehensive morning news column launched by Web3Caff for the Web3.0 field based on important news, official dynamics and good articles in the past 24 hours, aiming to help Web3.0 enthusiasts and builders quickly understand the latest industry trends. Of course, if you want to know the latest industry trends and exciting articles in a timely and comprehensive manner, please remember to follow our official Twitter
Cover: Symbiotic
Tim Beiko confirms that the Ethereum mainnet will implement the Pectra upgrade on May 7
Source: timbeiko.eth
New Hampshire Senate Finance Committee Votes to Pass Bitcoin Reserve Bill