Summing up the trip to Hong Kong, it was a major collapse of industry norms and also a formal written judgment on Ethereum. As the most successful entrepreneur in the industry, did he steer the industry's course well? Is he leading the industry toward nihilism?

Sending Network is dedicated to reconstructing the TCP/IP protocol stack to build a decentralized, censorship-resistant, and privacy-first Web3 communication infrastructure. By returning communication rights to users and integrating financial attributes into network endpoints, it aims to provide a more secure, private, and free communication environment for the Web3 era.

The unique feature of network tokens that distinguishes them from company-backed tokens is that network tokens primarily accrue their value from a blockchain or smart contract protocol.

The article provides a detailed analysis of the design goals and operational mechanisms of dTAO, as well as its impact on subnet staking weights, miner incentives, and validator behavior. Through the analysis of three different scenarios, the article reveals the potential risks in dTAO's price trend and investment strategies. It also points out the current issues in the Bittensor ecosystem, such as miner quality control, the lack of subnet application scenarios, and the high barriers to entry for open-source model training.

KOLs, who have always been seen as standing on the same side as project teams in harvesting retail investors, are now also losing money and lamenting during this bull-to-bear transition. What turned them into "big-leafed leeks" is something you once had no access to but has now become a hot potato: the KOL round.

This article examines four major distribution tactics used by market makers in the crypto market: single-sided liquidity pools manipulation (exemplified by the LIBRA token case), fake buyback schemes, spot market control combined with futures shorting, and staking traps. Through detailed case studies, it reveals how project teams exploit market mechanisms and retail investor psychology to maximize profits while creating the illusion of sustainable growth.

In Part 1 of our second Agentic AI series post, we examine the current Web2 AI landscape and its key trends, platforms, and technologies.

This article explores the concept of the "shutdown price" in Bitcoin mining and its significance in market dynamics. By examining the interplay between Bitcoin prices and mining costs, we uncover how the shutdown price acts as a crucial market bottom indicator. Furthermore, we discuss how advancements in mining technology are redefining this traditional framework.

This article will take you to dismantle Ripple’s business logic, face its challenges and controversies, from its cross-border payment innovation to its core XRP bridge role, and help us deeply understand how to turn “populism” into a feast of capital and technology in this industry.

This report summarizes the on-chain data situation for Web3 in February 2025. The cryptocurrency market experienced a pullback after reaching new highs, with some holders in a loss-making position. However, despite the market correction, ecosystem development continues to progress steadily. On February 6, the Berachain mainnet was officially launched. With its Proof of Liquidity (PoL) mechanism and three-token model, it quickly became a market focal point. As the Berachain ecosystem rapidly expands, the value of the $BERA token is reflected in trading activity. It is gradually becoming the core asset of ecosystem liquidity, driving on-chain applications and user growth.

With the similar backgrounds of Sui and Aptos, the debate over which will emerge as the leader in the Move-based blockchain space continues to heat up. This report takes a data-driven approach to explore the overall performance of the Sui and Aptos ecosystems in 2024. It covers key aspects such as network performance, user growth, capital inflows, ecosystem development, and token performance, providing a comprehensive analysis of their progress.

This article delves into DePIN within the Solana ecosystem, revealing the deep interdependence between Western protocols and Eastern manufacturing through conversations with three DePIN project founders. It also explores issues related to supply chains, the Asian market, and demand in DePIN projects.

As AI continues to advance and digital interactions grow more complex, personal branding has become increasingly important, and the concept of reputation has expanded beyond corporations to include individuals and small groups.

This article delves into Ethereum’s current downturn, the end of Web3’s social experiment, and shifts in user behavior while introducing Metis as a key disruptor. The ReGenesis initiative aims to redefine the foundation and economic model of Web3 through high-performance architecture upgrades, AI-driven data governance and assetization (LazAI), and innovative AI+Web3 applications.

This article explores Backpack's breakthroughs in risk management, custodial security, global compliance strategy, and product design, highlighting its unique advantages in the crypto finance sector.