ShadowStaker

BTCFi rising star receives tens of millions of dollars in funding to accelerate Bitcoin stablecoin development.
Recently, an innovative project focused on Bitcoin finance (BTCFi) has secured a new round of funding amounting to $10 million, aimed at advancing the development and implementation of its Bitcoin stablecoin bitUSD. This project, affectionately referred to as "Smiley" by industry insiders, is garnering widespread attention. Let's delve into the core concept and technological framework of this project, as well as why the BTCFi market is so popular.
The project draws on the successful experience of the Ethereum DeFi ecosystem, particularly the governance incentive model of MakerDAO's DAI algorithm stablecoin and the Compound lending platform. To gain an advantage in the BTCFi market, the project has launched three core components:
1. bitUSD: This is an over-collateralized stablecoin protocol that allows users to mint bitUSD by depositing Bitcoin. This protocol

Five upcoming innovative games on the Sui platform
With the continuous development of the gaming industry, innovation has become the key to attracting and retaining players. In the remaining time of this year, the Sui platform will launch several highly anticipated games, showcasing the infinite possibilities of Web3 gaming. These games utilize advanced blockchain technology and immersive storytelling, promising to provide players with a brand new experience.
E4C:

According to on-chain data, a large investor has recently been frequently trading Ethereum. In the past hour, this investor purchased 3,875 ETH using 10 million USDC. This is not an isolated incident, but part of their ongoing investment strategy.
In the past three days, this investor has invested a total of 186 million USDC, accumulating the purchase of 70,465 ETH, with an average price of approximately 2,647.7 USD per ETH. Notably, this investor previously profited 30.45 million USD through two ETH price fluctuations, demonstrating their acumen in market operations.
Despite such a large-scale investment, the investor still retains 150 million USDC in liquid funds. This move has sparked market speculation about its future investment intentions, while also reflecting a positive attitude from some large funds towards the current value of Ethereum.
This large-scale and continuous purchasing behavior, does not

Recently, on-chain data shows that an investor gained considerable profits through clever operations. This investor purchased 9.53 million of a certain emerging token at a cost of 162,500 USDC half a month ago. Subsequently, the market capitalization of the token rapidly rose, once breaking through the 300 million USD mark. Seizing the opportunity, this investor sold all 9.53 million tokens for 11,237 SOL (approximately 1.95 million USD, at a price of 0.2 USD each), ultimately netting a profit of 1.78 million USD. This operation fully reflects the high volatility and potential profit space of the crypto assets market, while also showcasing the investor's keen market insight and decisive decision-making ability.

The 2024 Bitcoin Conference concluded in Nashville, with several politicians making commitments related to Bitcoin, emphasizing its potential as a store of value. At the same time, privacy issues and gender discrimination have raised concerns, with a low proportion of female speakers, presenting challenges for the industry. Encryption companies are starting to take action to address these issues, and future attention needs to be on industry inclusivity.

From Bitcoin Evangelist to Crypto Finance Pioneer: A Blockchain Journey of an Industry Leader
In 2011, a 25-year-old young man accidentally came across the Bitcoin white paper in an office on Financial Street in Beijing, a moment that completely changed the trajectory of his life. Deeply attracted by the idea of Bitcoin, he immediately invested 100,000 yuan to buy Bitcoin, which was only worth 10 dollars each at that time. Although his friends were skeptical of his decision, he insisted on translating the white paper into Chinese, introducing the concept of Bitcoin to the Chinese-speaking world for the first time.
This young man subsequently co-founded the country's first media platform focused on Blockchain, creating an important information exchange hub for the industry. He passionately discussed the value of "decentralization" with netizens at forums, becoming one of China's earliest Bitcoin advocates. His translation and sharing work laid the ideological foundation for the cryptocurrency boom in the Chinese community.
In 2013, the price of Bitcoin soared,

Unexpected Alliance in the U.S. Election: Trump and Musk
In this year's U.S. election, an unexpected alliance has emerged - former President Trump and tech entrepreneur Musk. These two former rivals are now joining forces, drawing widespread attention from the outside world.
Elon Musk's level of support for Trump is surprising. He not only donated $75 million to a political action committee supporting Trump in the third quarter but also actively campaigned for Trump on social media platforms. Recently, Musk launched a controversial raffle, offering a million-dollar reward to voters who signed a petition supporting a specific cause.
Behind this full support lies the intertwining of the interests of the two individuals. Trump promised that if elected, he would establish a "Government Efficiency Committee" led by Musk. This position could grant Musk significant power, influencing government spending and regulatory policies. For Musk's companies, which seek long-term government contracts, this is no...

Recently, an initiative calling for the French authorities to release the founder of a certain instant messaging application has garnered widespread attention. It is reported that the initiative was launched by a community organization and has currently received over 4 million signatures of support.
This large-scale action has launched a public letter mini-program called "Digital Resistance" through an online platform. Participants can sign a support statement via this program to express their solidarity with the founder. The organizers stated that their ultimate goal is to collect hundreds of millions of signatures to pressure the French authorities to release the controversial tech entrepreneur.
This event has once again sparked discussions about the complex relationship between leaders in the tech industry and the government. As the number of signatures continues to rise, the influence of this "digital resistance" movement is expanding, attracting widespread attention from the global tech community and the public.

Bitcoin Lighting Network: A Rapidly Rising Off-chain Payment Solution
The Bitcoin Lightning Network technical solution was proposed in 2016 by two developers, aiming to solve the scalability issues of the Bitcoin network. This innovative technology creates payment channels off-chain, enabling fast, low-cost small BTC transactions without the need to record each transaction on the main chain.
With the maturation of technology, the Lighting Network has moved from the conceptual stage to practical application, and an increasing number of Bitcoin ecosystem participants are beginning to adopt this technology to provide efficient payment services.
The widespread application of the Lighting Network
1. Cryptocurrency Exchange
Many well-known exchanges have integrated the Lighting Network to provide users with faster and more economical Bitcoin deposit and withdrawal services. This not only improves transaction efficiency but also effectively alleviates the congestion issues on the main chain.
2. Payment Processor
Some innovative payment companies are using Lighting Network technology to provide low costs for merchants.

The founder of Telegram has been accused of child abuse and is currently under investigation in Switzerland. The accusation stems from a criminal complaint by his former partner Irina Bolgar and has gained widespread attention following Durov's recent arrest in France. This incident is part of a larger legal dispute that also includes allegations of unpaid child support and a fierce custody battle.
Initially, the Geneva Public Prosecutor's Office refused to process the criminal complaint against Durov, citing that the complaint was submitted more than three months after the most recent alleged incident of physical violence. However, Bolgar appealed in May 2023, and the court ultimately decided to proceed with the case last October. According to officials from the Geneva court, the case is still ongoing. Bolgar accuses Durov of injuring their youngest child five times between 2021 and 2022 (born in September 2017).

Balancing the B-side and C-side: An essential path for enterprise development
Although Ethereum is positioned as the infrastructure of the blockchain industry, the importance of end users should not be overlooked. This perspective has sparked in-depth reflection on corporate development strategies.
Although Ethereum has unique decentralized and community-driven characteristics, like most Web3 projects, its development still requires the drive of a core team. From this perspective, we can analyze it as a special form of "enterprise."
As practitioners of a web startup, we not only need to focus on product development but also constantly pay attention to market direction and business positioning. Here are some thoughts on B2B and B2C services:
The importance of the C-end market
Compared to the B-end, the C-end market has the following advantages:
1. Huge market size: The number of consumers far exceeds that of enterprises, providing a broader development space.
2. The driving force of innovation: rapid changes in consumer demand

A billionaire hedge fund manager nominated for the position of Treasury Secretary expressed strong support for Crypto Assets, especially Bitcoin, believing it aligns with Republican ideals and emphasizing Bitcoin's potential and appeal to young people. This stance has sparked widespread discussion and may influence future U.S. monetary policy regarding Crypto Assets.

The full-chain interoperability protocol Analog has raised $16 million in funding, with a luxurious lineup of investors.
Recently, the full-chain interoperability protocol Analog announced the completion of a $16 million financing round, attracting widespread attention from the industry. The investment institutions participating in this round of financing include several well-known firms and individual investors.
At the end of 2023, Analog announced the testnet registration event on social media and posted tasks on a certain social task platform, attracting the attention of a number of new project followers and participants.
In the current market environment, the full-chain protocol sector is expected to gain more attention and development opportunities in 2024. This trend is partly driven by the recent token issuances and related popularity of other full-chain protocols.
The founding team has a strong background.
The Analog team members have rich experience in the crypto industry. Founder Victor Young not only leads the development of the Analog protocol, but also

The Rise and Fall of Saddle Finance: From Potential Rookie to Liquidation Outcome
At the beginning of 2021, Saddle Finance emerged as a strong competitor to Curve, attracting the favor of several well-known investment institutions, raising a total of $11.8 million. However, just two years later, on August 8, 2023, the Saddle community proposed to terminate operations and liquidate assets. According to industry data, Saddle Finance's current Total Value Locked (TVL) is only $3.68 million, and the market capitalization of its governance token $SDL has plummeted to just $917,000. This dramatic turn of events raises the question: how did Saddle Finance fall from being a highly anticipated star to its current state?
Highlight Moment: Top Investment Support and Successful Launch
A key difference between Saddle and Curve is

Recently, there have been reports that Twitter's usage has reached an unprecedented height. This news comes from the company's CEO, who shared this information on social media.
Since completing the acquisition for $44 billion, the new leader has been actively promoting reforms on the platform. One significant initiative is the upgrade of the Twitter Blue service, which introduces new verification features aimed at addressing the long-standing issue of bot accounts on the platform. At the same time, the subscription fee for Twitter Blue has been raised to $8, a move that not only helps alleviate the problems caused by spam accounts but also provides more incentives for content creators.
In addition, to further regulate the platform order, the company recently announced a new policy: from now on, any account impersonating others without clear labeling will face permanent suspension. This measure demonstrates the company's commitment to maintaining the authenticity and reliability of the platform.

Recently, a well-known Crypto Assets exchange announced the acquisition of a reputable OTC Trading service platform in the industry, (OTC). This move will significantly expand the exchange's OTC business team, with the trading team expected to grow to over 20 members. The new OTC business will be led by a senior individual with extensive experience on Wall Street.
According to industry insiders, the acquired OTC Trading platform has been actively seeking buyers since this summer. The platform recorded a nominal trading volume of $24 billion in 2018. However, in March of this year, the parent company of the platform had to lay off about 30 employees from the finance department, accounting for approximately 10% of its total workforce, due to challenges posed by the regulatory environment in the United States. In addition, the OTC Trading business is also facing issues of talent loss, with several key personnel, including its former OTC supervisor, leaving one after another.
It is worth noting that the company owning the acquired OTC trading platform has been frequently conducting business recently.