TxFailed

Recently, the global geopolitical situation has improved, driving the crypto market to warm up, mainly due to the easing of Sino-U.S. relations and deepening cooperation in the Middle East. Crypto Assets have gained mainstream financial recognition, and the regulatory framework is gradually taking shape. Bitcoin prices have risen, and institutional investment interest has increased, marking an elevation in the status of the crypto market.

This discussion explored new projects in the Bitcoin ecosystem, with experts introducing the progress of Babylon, the launch preparations of Fractal Bitcoin, and the founding motivation of Alkimiya, as well as discussing technology and development concepts, providing comprehensive insights into the industry.

Recently, the crypto market has continued to fall due to a lack of macro direction, with the market following the impact of macroeconomic data and the strengthening dollar on the market. The release of inflation data by the Fed will become an important catalyst. At the same time, Aave has announced its V4 upgrade plan, showcasing its progress in the Decentralized Finance sector, although in the short term, the market will still focus on macroeconomic conditions.

Blend is a new type of P2P NFT lending protocol that features peer-to-peer perpetual lending, a flexible exit mechanism, and the ability to purchase NFTs with loans, which reduces system complexity and enhances liquidity, providing users with more flexible lending options. Although the Token empowerment is insufficient, it has opened up new paths for the NFT lending market.

In the first quarter of 2025, the U.S. Securities and Exchange Commission (SEC) adjusted its regulatory strategy, shifting towards an open "dialogue-based governance" approach, establishing a cryptocurrency task force, and terminating multiple investigations. These measures could bring new opportunities for compliance and innovation in the cryptocurrency industry, marking a move towards friendly cooperation in regulation.

A certain Blockchain technology company issued a statement clarifying false information regarding its stablecoin and partnerships, reminding the public to be vigilant against related fraudulent activities. The company has not yet officially issued the stablecoin and has not established any related community; any relevant information should be subject to the official announcements on the website. The company aims to promote financial innovation and calls for a joint effort to resist false information.

Analysis of the Dilemmas of VC Token Issuance and Emerging Issuance Models
Recently, the token issuance situations of several well-known projects have attracted widespread attention in the market. According to the data, the proportion of institutional investors in the token distribution of these projects generally ranges from 10% to 30%, which has not changed much compared to previous cycles. Most projects still choose to distribute tokens to the community through airdrops, but the actual effect is not ideal. Users often quickly sell off after receiving airdrops, leading to significant selling pressure on the market. This phenomenon reflects issues in the token distribution methods, which have not been effectively improved over the past few years.
From the performance of token prices, institution-led tokens often show a unilateral downward trend after issuance. It is worth noting that a certain project adopted a different strategy, allocating 4% of the tokens through IDO, with an initial market value of only 20 million USD, displaying distinctive characteristics. In addition, there are projects that choose to allocate more than 50% of the total token supply through public.

The article analyzes the asset deposition strategy in the BTCFi ecosystem, pointing out that BTC liquid staking and derivative markets have become growth points. Core promotes growth through incentive mechanisms and ecological integration, while Corn attracts liquidity through point-derived gameplay, and BOB draws in assets through secure bridging and convenient staking services. Overall, the growth potential of BTC-anchored assets in L2 and sidechains is enormous.

The legal attributes of tokens have been a topic of great interest in the field of digital money, affecting market operations and investor rights. The SEC's regulatory actions have sparked discussions, with supporters arguing that it can prevent market manipulation, while critics claim it may stifle innovation and lead projects to move to more lenient regions. Tokens classified as securities face regulatory restrictions, which in turn affect liquidity and market confidence. Regulation should seek a balance between protecting investors and promoting innovation to ensure the sustainable development of the digital money industry.

Circle STARKs is a new implementation of the STARK protocol over small fields, which improves the efficiency of zk-SNARKs by leveraging the properties of points on a circle and special mapping techniques, advancing the progress of STARK technology. Future optimizations may focus on arithmetic efficiency and development experience.

The development of stablecoins faces a trilemma of price stability, Decentralization, and capital efficiency. While centralized features enhance controllability, they contradict the original intention of Decentralization. In the future, it is necessary to seek a balance among the three under innovation and regulation to promote the better development of stablecoins.

Airdrop Master Fengmi's Hair-Raising Secrets
Investment bankers transition to Web3, entering the space in 2017, and unexpectedly discovering the Airdrop track during the "DeFi Summer" of 2020, with 4 years of experience in harvesting earning millions multiple times. How did the "Airdrop Master" Fengmi achieve this? If you are also into harvesting, this "Sunflower Manual" is worth a read.
Fengmi believes that the core secret to obtaining Airdrops lies in "losing Gas"—that is, where is the Gas consumption? Breaking it down, there are two points: 1. Does the consumed Gas increase weight? 2. Does the consumed Gas enhance the on-chain profile.
Article Guide:
Chapter 1: Entry Experience: How to Get in Touch with Airdrop and Become an Expert
Chapter 2: The Core Strategy of Earning Rewards: How to Filter Quality Airdrop Projects
Chapter 3: The Future of Airdrop
Chapter 4: Advice for Beginners: How to Start from Scratch to Earn Rewards
Chapter 5: Suggestions for OKX
Chapter One: Entry Experience: How

The Future of Cross-Chain Trading: An Analysis of Symbiosis Cross-Chain AMM DEX
With the rapid development of blockchain technology, interoperability and liquidity issues have become core challenges faced by the industry. The emergence of more and more blockchain networks and different virtual machine environments has created an urgent need for users and developers for a solution that can seamlessly swap assets across multiple networks.
Symbiosis, as a cross-chain AMM DEX platform, was born to solve these problems. This article will delve into how Symbiosis works, its technical advantages, and its potential.
The current status and challenges of cross-chain trading
Before delving into the advantages of Symbiosis, we need to first recognize the main issues facing current cross-chain transactions. With the continuous launch of various public chains, more and more projects are choosing to build on different blockchains. However, this diversity also

Ethereum proposal EIP-7983 sparks discussion: single transaction gas limit may be set.
Recently, a new proposal aimed at optimizing the execution efficiency of the Ethereum network has sparked widespread discussion. The proposal was jointly put forward by Ethereum founder Vitalik Buterin and researcher Toni Wahrstaetter, suggesting a hard limit of 16,777,216 gas (i.e., 2²⁴) for each transaction to enhance the network's stability and execution efficiency.
This proposal is called EIP-7983, and its core idea is to prevent a single transaction from consuming excessive network resources by limiting the maximum gas usage per transaction. This design aims to address the issues of uneven execution efficiency and resource scheduling pressure faced by the current Ethereum mainnet.
The background for the proposal of EIP-7983 is that currently Ethereum allows a single transaction to theoretically use the entire block's gas, which

Bitcoin mortgage: a new blue ocean worth 6.6 trillion dollars
On May 27, Cantor Fitzgerald launched a $2 billion Bitcoin collateralized loan program for institutional clients, with the first trading partners including crypto companies FalconX Ltd. and Maple Finance. As one of the official underwriters of U.S. Treasury bonds, the entry of this century-old Wall Street institution is seen as a highly symbolic breakthrough.
Bitcoin is transitioning from a stock asset to a financial instrument that can influence the credit system.
Just one month later, the Director of the Federal Housing Finance Agency, Bill Pulte, sent out another major signal. He has requested that Fannie Mae and Freddie Mac, the two pillars of American housing credit, study the feasibility of incorporating cryptocurrencies such as Bitcoin into the mortgage assessment system. This statement has triggered a strong market response.

Payment giant Stripe intends to launch its own Blockchain network, which could reshape the payment system by supporting stablecoin payments, bypassing banks, and other new features. After acquiring related companies, the firm already has the infrastructure in place, and if the rumors come to fruition, it will have a profound impact on the payment industry and change traditional payment models.

Serial entrepreneur Aki Balogh has transitioned from the AI field to Crypto Assets, founding the decentralized DeFi solution dlcBTC. He believes that the decentralization of Crypto Assets provides more opportunities for entrepreneurs and that it excels in customer value and innovation over funding acquisition. He hopes to build a secure asset mechanism to promote Bitcoin investment and lending.