A member of the Curve community, phil_00Llama, recently initiated a proposal suggesting to "stop all further Layer 2 development," recommending to retain the deployed L2s but terminate further development. He believes that L2 chains require the same level of maintenance work as the Ethereum Mainnet, but the returns are meager (currently, the total daily revenue of all L2 chains is about $1,500.00). He also argues that L2 technology is evolving rapidly and has a short lifespan, leading to significant operational pressure. He thinks the development team could focus their efforts on more valuable

According to a report from CoinWorld, on August 3rd (UTC+8), 2021, Ethereum co-founder Vitalik Buterin implemented highly secure protective measures when donating SHIB tokens to the COVID relief fund in India. The private keys used for the donation were held separately by Buterin and his family, requiring collaboration from both parties to unlock. Transaction information was generated through a specially prepared offline new device and confirmed on the blockchain after multiple verifications, completely avoiding online operational risks. This process, due to its complex security design, was li

On August 2, Nasdaq-listed company Fundamental Global announced the establishment of the trust fund FG CVR Trust after reaching a final agreement for a $200 million private sale financing. It is reported that the fund is registered in Delaware and aims to monetize and distribute various legacy assets and business liquidation proceeds. Previously, Fundamental Global announced the completion of the $200 million private sale financing and will be renamed FG Nexus, planning to use Ethereum (ETH) as the main reserve asset and carry out staking operations.

The White House stated on Thursday that President Trump will maintain the global minimum tax rate at 10%, disregarding previous suggestions to raise the minimum rate to 15% or higher. The White House also released a list of tariff rates for other trading partners with whom the U.S. has not yet completed trade framework negotiations, as the August 1 deadline approaches. Additionally, Trump signed a separate executive order to raise the tariff rate on Canada from 25% to 35%, with the higher rate set to take effect on August 1. This change does not include goods covered by the USMCA agreement neg

Think of the unremarkable banknote. It may be crumpled and tattered, but it is the only legal tender issued by the government — the only direct obligation of the central bank — that most people can use. It serves as the basis for many forms of private currency (like bank deposits and Venmo balances), which now dominate everyday commerce. Their value ultimately depends on the ability to exchange them for cold hard cash when necessary. So, what happens when finance goes digital? The European Central Bank aims to be the first institution among its peers to fully address this issue. It is an exper

NASDAQ-listed company ZOOZ Power announced a PIPE equity offering to raise $180 million to launch its Bitcoin reserve treasury, expecting to sell 180 million shares of common stock and pre-funded warrants at a price of $1 per share. Investors include Pantera Capital, FalconX, Arrington Capital, UTXO Management, ATW Partners, and prominent Israeli investor Alex Rabinovitch. (Globenewswire)

After the United States and the European Union reached a trade protocol, investors expect that when the market reopens on Monday, automobile manufacturers and luxury goods manufacturers will lead a wave of relief pump in the European stock market. On Sunday, U.S. President Trump announced the protocol after meeting with European Commission President Ursula von der Leyen. Under the protocol, most of the EU's export products (including automobiles) will face a 15% tariff. The EU leader stated that the tax rate is comprehensive, but Trump said it does not include pharmaceuticals and metals. John

SHIBMACD has not only peaked but has also started to slide below the baseline. Considering the significant rebound in the market last week, it may further correct in the coming days. However, the recent rebound of SHIB has not been fully released, having experienced heavy selling before July (with the exception of a brief pump in early May).
The community continues to burn a large number of tokens, and the price may rise to $0.000020 by the end of August. In the fourth quarter, as ShibOS Alpha Layer progresses, the price is expected to reach $0.000030.
In the long run, ecological expansion and

On July 25th (UTC+8), InnoBlock 2025, co-hosted by ABGA and CoinWorld, will be grandly held on September 29, 2025, at the National Gallery Singapore. The event registration and partner recruitment channels are now officially open. As an annual Web3 innovation event, InnoBlock 2025 is positioned as a comprehensive Web3 conference targeting leading institutions, project parties, and developers in the Web3 space, aiming to further consolidate the influence of the InnoBlock conference series within the Asian Web3 event brand. The event will gather top developers, investors, star project teams, lea

The blockchain storage protocol Walrus Protocol, built on Sui, has announced the release of its bulk storage solution Quilt, equipped with an intuitive API that enables developers to conveniently, efficiently, and cost-effectively store and access large volumes of small files, such as NFT collections, documents, AI communication data, logs, and more. Quilt no longer saves each file separately but groups multiple small files into a single unit, thereby reducing the overhead and costs of a 100KB blob by approximately 106 times and a 10KB blob by approximately 420 times. Using Quilt also reduces

Ethereum is about to celebrate its dazzling moment of the tenth anniversary. Founded by Vitalik Buterin and others on July 30, 2015, this smart contracts platform has not only completely changed the application boundaries of Blockchain technology but also built a digital economic ecosystem worth trillions of dollars. On this milestone, the "Ethereum Torch" NFT project launched by the Ethereum Foundation in collaboration with ConsenSys symbolically integrates community spirit, technological heritage, and market enthusiasm, providing us with a multifaceted prism to observe the current ecology an

Crypto world major events.
Following the listing of the first stablecoin stock, Circle Internet (CRCL.N), the crypto world is once again welcoming a significant IPO. Bullish, a company that owns a cryptocurrency exchange and cryptocurrency media, has submitted registration documents to the U.S. Securities and Exchange Commission (SEC) to apply for listing on the New York Stock Exchange. The issue price and financing scale have yet to be determined.
What to do when bullish?
Public information shows that Bullish was founded in 2021, incubated by the blockchain company Block.one and Silicon Valle

As the Fed is about to enter its quiet period, current board member Waller, a popular candidate for the next Fed chair, reiterated support for a 25 basis point rate cut in July, with data showing an improvement in consumer expectations for inflation. Meanwhile, trade tensions between the U.S. and the EU continue, with Trump pushing for a minimum tariff of 15%-20% on all EU goods and planning to announce a tariff plan for specific industries before August 1. Additionally, the tumultuous "Crypto Assets Week" concluded perfectly with Trump signing the stablecoin bill as scheduled. Bitcoin has sur

According to reports, U.S. President Trump is about to sign an executive order that will allow 401(k) retirement plans to invest in alternative assets such as Crypto Assets, gold, and private equity funds. Three informed sources revealed that the order could be issued as early as this week, which will expand the investment options of the 401(k) plan, no longer limiting it to traditional stocks, bonds, and mutual fund portfolios.
Informed sources added that the executive order will instruct Washington regulators to identify and eliminate remaining regulatory barriers that hinder professional ma

According to SoSoValue data, the market sentiment is polarized today due to the deadlock in encryption legislation. ETH has led the rise for the second consecutive day, up 6.26% in 24 hours, breaking through $3400 to reach a nearly six-month high; BTC is up slightly by 0.31%, currently reported at $118,000. The Meme zone rose by 5.12%, with FLOKI rising 31.86%; the PayFi zone increased by 2.56%, XRP rising by 4.80%; the Layer1 zone rose by 1.97%, with SOL increasing by 5.58%; Pump.fun (PUMP) fell by 13.95%.

On July 17, former Binance CEO Zhao Changpeng ( CZ ) refuted the remarks of U.S. Senator Elizabeth Warren on social media. Warren had previously warned that Crypto Assets could "destroy" the U.S. economy and claimed that companies listed on the New York Stock Exchange ( NYSE ) could evade SEC regulations through digitization, stating that if Amazon, Meta, or General Motors chose to withdraw, it would severely harm the value of the NYSE. CZ questioned Warren's logic of trying to restrict U.S. companies to "protect the U.S. economy," pointing out that the NYSE is merely a company fully owned by

U.S. President Donald Trump has launched a new round of tariff attacks, causing turbulence in the American stock market, while Bitcoin long positions are preparing for a new round of pump. Bitcoin has gotten rid of the sluggish trend of the past two months, breaking through $118,000 for the first time on Friday, with some options traders even targeting $150,000. The rise of Crypto Assets is quite broad, with many tokens ranging from Ether to Cardano seeing significant increases.
From the reflow of ETF funds to the announcement by the U.S. Congressional Committee that next week will be "Crypto