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KIP Protocol attracts investors' follow during the bull run and launches an Airdrop event called "The Uprising". The project aims to address copyright and data issues in AI development through the concept of Decentralization in Web3, establishing an open AI data market that allows creators to put their data on-chain and earn revenue. During the event, users can earn points by completing tasks, which may lead to Token Airdrops in the future based on the points.

On July 23, 2024, nine Ethereum Spot ETFs officially began trading on the U.S. securities market, marking a new milestone for digital assets. The total transaction volume on the first day reached $434 million, with Grayscale Ethereum Trust performing outstandingly. The new ETFs have differences in fee structures and do not include ETH stake functionality. The industry expects to attract $15 billion to $20 billion in funds during the first year, opening a new era for blockchain assets.

The value and challenges of Bitcoin
After the financial crisis in 2008, a person using the pseudonym Satoshi Nakamoto proposed the concept of Bitcoin, a decentralized blockchain currency, to address the flaws of traditional centralized monetary systems. After 12 years of development, Bitcoin has become a financial phenomenon that cannot be ignored. As stated by a major bank, a phenomenon that has lasted for 12 years cannot simply be viewed as a bubble.
The value consensus of Bitcoin is continuously expanding. In early 2021, the price of Bitcoin surpassed the $40,000 mark, reaching a historical high of $41,940, doubling in value in just over a month. This surge in price has attracted widespread attention and has become an important driving force in the digital currency market.
However, the price of Bitcoin also shows significant volatility. Data indicates that the daily average volatility of Bitcoin reaches 3.75%. This volatility reflects, to some extent, the characteristics of the Bitcoin market: decentralization and anonymity make

DeFi Revolution: A New Chapter in Decentralized Derivatives Trading
After a period of development, Decentralized Finance ( DeFi ) has become one of the most successful applications in the blockchain field, fundamentally changing the landscape of the cryptocurrency market. Cryptocurrency trading has gradually shifted from off-chain to on-chain, expanding from initially simple exchanges to a broad ecosystem covering lending, staking, and derivatives trading.
In the field of Decentralized Finance, a certain DEX accounts for 45% of the on-chain spot trading volume, becoming the undisputed industry leader. Its pioneering centralized liquidity solution and permissionless token listing mechanism provide users with efficient yield products and trading experiences, releasing a large amount of on-chain liquidity and laying an important foundation for the prosperity and diversity of the ecosystem.
In the derivatives space, SynFutures is rising with the same momentum, being hailed as "the newcomer in the derivatives field". This article will delve into the opportunities of SynFutures.

Senior financial experts shared their views on Crypto Assets during an interview, recommending that 90% of funds be invested in mainstream tokens such as Bitcoin and Ethereum, with 25% allocated to emerging projects like Sui, focusing on the balance between risk and return. He emphasized that market trends are positive and advised investors to buy during falls, paying attention to community value and market attention.

Blend, as a new type of NFT lending protocol, adopts a peer-to-peer model and offers flexible perpetual lending services, allowing users to choose their own conditions. Its advantages lie in optimizing exit mechanisms, decentralization decision-making, and market-driven pricing, while also introducing the "buy now, pay later" NFT purchase feature. Although token empowerment is still limited, Blend shows great potential in improving lending efficiency and integrating the ecosystem.

Decentralization storage platform comparison analysis
Overview of Existing Solutions
Arweave
Arweave is a decentralized platform focused on permanent data storage. It uses a unique "Blockweave" structure that achieves high redundancy by distributing data copies across the network, allowing for indefinite data retention. Users pay storage fees with AR tokens. The platform is suitable for long-term storage needs, such as archives, academic records, and other content that requires tamper-proof preservation. However, it lacks file version control features.
BitTorrent
BitTorrent is known for its peer-to-peer ( P2P ) file sharing protocol, excelling in the efficient distribution of large amounts of data. It has good scalability and broad adoption, making it particularly suitable for sharing popular files. However, BitTorrent lacks integration of blockchain technology and file version control features. It has expanded into commercial

Many Web3 projects mistakenly believe that merely going overseas can avoid the regulation of Chinese laws, but in reality, overseas registration does not mean compliance. Chinese laws can still hold overseas projects accountable, especially when users and operations involve China. Therefore, Web3 entrepreneurs should focus on legal risk assessment during the startup phase, not just the choice of registration location.

In recent years, the profit model of airdrop projects has gradually narrowed, and many teams have encountered difficulties, leading to increasing dissatisfaction among users regarding airdrop qualifications. The airdrop rules set by the project party have become increasingly strict, causing many active users to be unable to receive airdrops, which has intensified dissatisfaction towards the project party. Airdrops have turned into a reflection of marketing expenses, and ordinary users should participate with caution to avoid excessive investment.

The Solana ecosystem accelerates the process of Decentralization, and validators face significant changes.
The Solana ecosystem is accelerating its reforms in decentralized governance. Recently, a new policy was introduced aimed at optimizing the structure of validators and enhancing their independence. However, this policy may have a significant impact on a large number of small and medium-sized nodes.
Core content of the new policy
The new policy introduces a "one in, three out" replacement mechanism. Specifically, whenever a new validator joins the Solana Foundation delegation program (SFDP), three existing validators will be removed. The removed validators must meet two conditions:
1. Have been authorized by the foundation for at least 18 months.
2. External staking outside of the foundation's delegation is less than 1000 SOL
This policy aims to encourage validators to enhance their competitiveness and reduce their reliance on foundation resources.
Potential impact range
Eye

Bots: Another form of existence for DEX.
Since the fourth quarter of 2023, the cryptocurrency market has shown a clear bullish trend. Against this backdrop, the Meme token market has experienced significant growth, demonstrating enormous short-term value growth potential, attracting a large number of investors. However, the Meme token market also exhibits extremely high volatility and short market cycles, with the active trading period of some tokens even lasting less than 10 minutes. Due to technical factors such as blockchain network congestion and operational speed limitations, trades often need to be executed in seconds, which increases the risks faced by investors, particularly the possibility of buying at market peaks. In response to these challenges, the decentralized exchange trading Bots (Dex Trading Bot ) has emerged, aiming to address the demand for rapid trading and minimize the loss of maximum extractable value (MEV ).
Some mainstream exchanges have listed

Aave v4 will launch several important updates, including unified liquidity management, automatic interest rate adjustments, and enhanced Risk Management to improve user experience, integrating the GHO stablecoin, and planning an independent network. This version aims to enhance Aave's competitiveness in the Decentralized Finance market, but the necessity of an independent network remains controversial.

The Ethereum proposal EIP-7983 suggests setting a gas limit of 16,777,216 for each transaction to improve network stability and execution efficiency. This measure aims to prevent resource concentration and drop the risk of denial of service. However, transaction splitting may increase user complexity and requires consideration of compatibility across different platforms. There are disagreements within the community on this, but EIP-7983 provides a possible solution for the modular development of Ethereum.

The SEC's lawsuit against Binance and Coinbase marks a shift in the regulatory attitude towards Crypto Assets, potentially prompting Congress to draft corresponding legislation. These cases not only affect the legality of the industry but may also lead to more Compliance requirements, although the likelihood of a complete ban on Crypto Assets is low. Overall, this lawsuit brings uncertainty and expectation for the future of the Crypto industry.

Hong Kong Web3 Regulation and Global Landscape
The delisting policy of virtual asset trading platforms in Hong Kong was officially implemented on May 31, and non-compliant exchanges will cease operations. As the deadline approaches, nearly half of the VATP applicants have withdrawn, sparking market discussions. Some believe that "Hong Kong has become a financial center ruin" and that "Hong Kong's Web3 has ended before it even began," but is that really the case? How should regulators position themselves to welcome the Web3 era?
In fact, Hong Kong, as the bridgehead of Eastern Web3, has only just begun its game with the West.
The Next Decade of Web3: Full Compliance
Compared to 2022, Hong Kong's attitude towards Web3 seems to have shifted from "embracing" to "cautious". But from a historical perspective, what stage is Hong Kong currently in? We can compare several major Web3 financial markets globally from a global perspective.
Japan is a pioneer in the Web3 regulatory field. In 2014, M

The current development status of GMX V2 under the Arbitrum incentive program.
Recently, GMX received 12 million ARB tokens allocated from the Arbitrum Short-Term Incentive Program (STIP), which is the largest single allocation in the Arbitrum ecosystem. GMX stated that it will use these funds to support the development of its V2 version and the joint development of the Arbitrum DeFi ecosystem. Since the planned launch on November 8, nearly 10 days have passed. Let's analyze how these funds are being used and whether they have helped GMX achieve its expected growth targets.
The main purpose of the ARB token incentive program
The 12 million ARB tokens allocated to GMX under the STIP plan will be gradually distributed over 12 weeks. Each week serves as a period for allocating a specific number of tokens. These funds are mainly used for the following purposes:
1. Incentivize GMX

Fantom is about to launch the sub-second trading network Sonic, enhancing network performance and scalability. This update marks a new chapter for Fantom and is expected to attract more Decentralized Finance projects. With the return of Andre Cronje, Fantom is poised to rise again in the market.

Web3 games are leading the industry to expand into the mainstream market, attracting new users and investments. Despite experiencing a downturn, entrepreneurs are still enhancing product quality and attracting Web2 developers. A startup accelerator provides mentorship and resource support for the first 29 projects to aid in the development of the Web3 gaming ecosystem.