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Evening must-read | The undervalued BTC ecology
1.Opepen’s explosion again, a community to create a win-win situation
A new cultural movement started in the NFT circle.
Opepen, a small frog composed of various square patterns, suddenly became the Twitter avatar of many people overnight, and they all used the same Opepen image.
Opepen is the work of Jack Butcher, a well-known digital artist, and the avatar that everyone changed to is an NFT created by Jack Butcher based on the Twitter avatar of a KOL ThreadGuy who focuses on NFT content output—a MAYC mutant monkey . The basic color of this mutant monkey is green, the eyes and the corners of the eyes are pink, and there is a little red devil with an angel ring on its head. click to read
2. The latest bipartisan proposal in the United States: DeFi and encrypted ATMs also require AML and KYC
In an effort to prevent money laundering and stop cryptocurrencies from facilitating crime and sanctions violations, a group of U.S. senators is introducing new bipartisan legislation that would require decentralized finance (DeFi) services to meet the same standards as other financial companies, including centralized crypto exchanges, casinos, etc. Even pawnshops) have the same anti-money laundering (AML) and economic sanctions compliance obligations. The legislation also updates the Treasury Department’s anti-money laundering mandate and establishes new requirements to ensure that “crypto ATMs” do not become conduits for money laundering illicit activities. click to read
3. Sorting out the 28 projects invested by top crypto VCs in June: What are the airdrops and opportunities?
Watching the latest investments from crypto VCs can help you see where the market is going and spot new trends early. Which tracks and projects are VCs optimistic about recently? This article sorts out 28 projects that received investment from top crypto VCs in June to help readers quickly understand. It should be noted that any of the following items and opinions should not constitute investment advice. click to read
4. The “underestimated” BTC ecology: behind the big players, value and history
On July 7, Vitalik Buterin, the founder of Ethereum, praised the development of Ordinals and BRC-20 in the Twitter Space “What Bitcoin Can Learn from Ethereum” and believed that they were “politics of stagnation” in the Bitcoin ecosystem. The counterattack of the ecology has revived a culture of “actual work” belonging to the builders. click to read
5. The traditional financial game is about to change? Explore the opportunities presented by asset tokenization
Tokenization has long been a big theme in the cryptocurrency world, and now, it may finally be ready for prime time. Wall Street is diving deep, creating tokens for everything from buildings to gold bars. One advantage: relatively little regulatory scrutiny. Consider the biggest weakness of cryptocurrencies: cryptocurrencies such as Bitcoin are not “real” because they are not backed by real-world hard assets; disasters; often, they’re even considered ridiculous, with MeMe coins and cartoon apes selling for millions. click to read