Brian Hennessey-Hsieh, as the head of developer relations at Sui, emphasizes the importance of Open Source and Decentralization in web3. He believes in the need to promote power delegation, explain the characteristics of new technologies, and encourage developers to actively participate in the community. He mentioned that the Sui ecosystem will encourage innovative applications and hopes to achieve a fair and transparent contributors rewards mechanism.

Frax is a new type of Algorithmic Stablecoin project initiated by Sam Kazemian and Stephen Moore among others, using a partial reserve system to maintain a 1:1 peg with the US dollar through algorithms. Despite some questioning its feasibility, the Frax team remains optimistic about the project's prospects and plans to integrate it into the Everipedia ecosystem.

Encryption financial report season: Analysis of the performance of six major institutions in Q2 2025
The encryption industry is迎来 the second quarter financial report season of 2025, with several well-known institutions presenting their distinctive "mid-term answers". Some institutions have achieved soaring profits through skyrocketing valuations of their on-book assets, while others are seeking transformative solutions amid a slowdown in core business. Overall, the industry is gradually transitioning from a reliance on single revenue streams to diversified assets and comprehensive financial services. This article will summarize the latest financial performance and strategic trends of several representative institutions.
Strategy: Bitcoin assets contribute huge profits, continue to increase investment
Strategy's revenue in the second quarter reached $14.03 billion, a significant year-on-year increase of 7106.4%. The annual revenue is expected to reach $34 billion, with the diluted earnings per share ( EPS ) rising to $80.
The significant growth in quarterly revenue mainly comes from the unrealized fair value gains of Bitcoin assets, reaching

Recently, the Iagon team developed a Burn Proof ( PoB ) protocol suitable for Cardano, which achieves permanent destruction by sending tokens to the Burn Address. The article details the implementation of this protocol in smart contracts, as well as the deployment process and specific solutions based on Wallet scripts, recommending the use of Wallet scripts to enhance security.

FTX creditor Will: Chinese users face the risk of credit loss, calling for creditors to take joint action.
Recently, a new motion in the FTX bankruptcy case has attracted strong attention from Chinese creditors. Will, a major creditor in FTX's China region, elaborated in an interview on the potential impact of this motion on Chinese creditors and the countermeasures they are taking.
Will indicates that FTX's latest motion for "restricted jurisdictions" lists China and 48 other countries as "unfriendly to cryptocurrency" regions. If the motion passes, creditors in these countries may be unable to receive compensation, and their claims will be reallocated to other creditors.
Will believes that there are serious problems with this motion:
1. The legal perspective on the motion is far-fetched, and there is a deviation in the interpretation of relevant Chinese regulations.
2. Convert dollar debt claims into stablecoin payments, and then refuse to pay China on this basis.

How Crypto Assets Geniuses Evaporated One Trillion Dollars
This luxury yacht is impressive: weighing about 500 tons, its 171-foot hull made of glass and steel is as pristine as new, and it features a bottom-transparent swimming pool on the deck. This $50 million yacht was scheduled for delivery in July, when it will watch the sunset in Sicily or enjoy cocktails on the emerald beaches of Ibiza. The yacht's designated captain boasted to friends at a party with pictures, bragging that it "is larger than all the yachts of the wealthy in Singapore," and plans to install a projection screen in the cabin to showcase the collection of NFT art.
This super yacht, valued at $150 million, is the largest yacht sold in Asia by the renowned Italian shipyard San Lorenzo, representing a celebration of a group of Crypto Assets millionaires. "This marks the beginning of an exciting journey," the yacht broker stated in last year's auction announcement, "looking forward to witnessing many joyful moments on board."

Interview with Elon Musk: AI, Space Exploration, and the Future of Humanity
Recently, the American startup accelerator Y Combinator held its first AI startup school in San Francisco, inviting several heavyweight figures from the AI industry, including Elon Musk.
In an interview, Musk talked about his recent experience working with the government. He compared this experience to "cleaning the beach," while the upcoming AI is a "thousand-foot-high tsunami." He believes that, compared to the massive changes brought by AI, the work of government efficiency departments is not very meaningful.
Elon Musk predicts that digital superintelligence could arrive this year or next, and it will be smarter than humans. He also predicts that the number of humanoid robots in the future will far exceed that of humans, possibly reaching 5-10 times the human population. He boldly predicts that the scale of the AI-driven economy will be thousands or even millions of times larger than the current one, and the share of human intelligence may drop to

Ethereum's Ten-Year Evolution: Key Milestones and Future Outlook
Since its inception in 2015, Ethereum has undergone several significant events and technological upgrades that have shaped the current landscape of the blockchain ecosystem. From the early The DAO incident to the recent merge and Cancun upgrade, each phase has had a profound impact on the development of Ethereum.
Looking back, the ICO boom in 2017 brought unprecedented attention to Ethereum, but it also raised regulatory concerns. The DeFi summer of 2020 ushered in a new era of decentralized finance, bringing a large number of users and funds to the Ethereum network. The subsequent NFT wave further expanded the application scenarios of Ethereum, bringing blockchain technology into fields such as art and gaming.
The merger completed in September 2022 (The Merge) is undoubtedly one of the most milestone events in the development history of Ethereum. This upgrade transitioned Ethereum from a proof-of-work

Web3 Gaming Industry Weekly Report (February 17 - February 23)
Overview of this week's developments and data in the blockchain gaming industry.
Industry Trends
- xAI plans to establish a dedicated AI game studio to start developing new games.
- The Soneium project has launched the Astar contribution scoring activity, aimed at promoting the adoption of on-chain applications.
- The gaming entertainment network Zaar Chain has officially launched on the Initia testnet.
- BinaryX has been renamed to Four, and the tokens will be mapped 1:1.
Game Data Ranking
New Player Weekly Ranking TOP10
1. The Machines Arena
2. Gamifly
3. BIRDS
4. Sunflower Land
5. Pixel Heroes Adventure
6.

The key to breaking the GameFi dilemma: meeting multi-level needs, with immersion time as the core indicator.
The GameFi sector performed poorly in the last round, mainly because it overemphasized financial attributes while neglecting the fulfillment of human needs by the games themselves. To achieve a true breakthrough, what needs to be transcended is not the layers of the crowd, but the layers of demand.
GameFi projects must meet the needs of humans on multiple levels, from safety and belonging to self-actualization, in order to attract users to invest their time long-term. Time is a key indicator of whether a product meets its demands. In the future, time will become a common battleground for various business projects.
For GameFi projects, the ideal ratio is 70% Game + 20% Fi + 10% Meme. 70% of the focus should be on the design of the game itself, emphasizing player immersion time rather than gold farming efficiency. The 20% Fi provides motivation, and the 10% Meme elements engage players.

The asset scale of the RWA industry has reached $13.55 billion, and if stablecoins are included, it will reach $20.633 billion. Private credit is rapidly rising, with a scale of $9.4 billion, and the market share of Ethereum is as high as 76.51%. In the future, the integration of blockchain and TradFi will bring more innovative opportunities.

OpenAI released GPT-5 on August 7, which is an advanced AI model that combines the strengths of the o series and the GPT series. It performs excellently in programming, creative writing, health consulting, and other fields, with significant improvements in accuracy and safety. GPT-5 is open to all users, supports various chat styles, and enhances the user experience.

The Rise of AI Crypto Assets Trading Bots: Opportunities and Challenges in the New Era
Recently, news about a cryptocurrency trading Bots developed by an artificial intelligence team achieving remarkable returns in a short period has garnered widespread attention in the market. This event highlights that AI-driven cryptocurrency trading tools have moved from the margins to the core, reshaping the market landscape. According to market research institutions, the global AI cryptocurrency Bots market is expected to reach $112 million by 2031, with a compound annual growth rate as high as 26.5%. This algorithm-driven trading revolution not only creates "tireless arbitrageurs" but also brings potential technological risks. The large-scale cryptocurrency theft incident that occurred in early 2025, the market bubble triggered by a certain token's short-term surge, and the subsequent regulatory policies together outline the complex picture of the intertwined development of AI and cryptocurrency.
Technological Evolution: From Simple Rules to Autonomous Decision-Making

The construction of sovereign Rollups on the Bitcoin network has sparked controversy.
Recently, the Bitcoin community and the Ethereum community have been engaged in intense discussions about the feasibility of building a sovereign Rollup on the Bitcoin network. This idea was initially proposed by a well-known Bitcoin supporter and subsequently attracted widespread attention.
Rollkit, as a modular Rollup framework, announces support for building sovereign Rollups based on the Bitcoin network. This solution aims to allow Rollups to inherit the data availability and security guarantees of Bitcoin. Theoretically, this not only expands the application scope of Rollups but may also promote the formation of a healthy block space fee market in the Bitcoin network, thereby achieving a more sustainable security budget.
In February 2023, the Bitcoin network saw the largest block in history, approximately 4MB in size. This is mainly attributed to the Ordinals protocol, which leverages Taproot.

In the past month, the Crypto Assets market has gone through multiple cycles, witnessing the rise and fall of several popular projects. From the leading figures in the AIMEME field to the star projects in the Web2 space, and to the newcomers in the art auction sector, there has been a new hot project emerging almost every day.
In this rapidly changing market, many people are eager to discuss how to win in trading. However, those who have actually participated understand that behind every successful person there are often hundreds of losers.
Although we try to summarize the secrets to success, such as focusing on the developers' historical projects, evaluating the depth of the funding pool, and following smart money, the real winners are still few and far between. After all, very few can deliver faster than the project team.
Looking back at this round of market trends, we can see that MEME projects ran through the entire speculation cycle. The market has been changing from the bottom up, and retail investors seem to have achieved the "fairness" they were seeking: not supporting risks.

7 Trading Tips in a FOMO Market
1. Vigilance in the surging market
Recently, there has been a rapid upward trend in the market, spreading from large-cap altcoins to low-cap and meme coins. This comprehensive rise reminds one of the similar market conditions at the end of 2019 and the beginning of 2020, which was considered a bull market trap at that time. The current sharp rise in the market may stem from investors' panic psychology, fearing the fear of missing out (FOMO). However, we need to be cautious about whether this rapid increase is sustainable or just another bull market trap.
2. Ethereum has been underperforming
Compared to other cryptocurrencies, Ethereum's performance has been disappointing. From October 1 to November 14, Ethereum only rose by 18%, far below Bitcoin's 30% and Solana's 120% increase. Ethereum's weakness may be related to its staking mechanism. While staking has increased stability, it has also limited liquidity, causing investors to turn to its