Ethereum developer "Fede's Intern" has been detained in Turkey for allegedly assisting in the improper use of the Ethereum network. He insists that he has committed no illegal acts and is willing to cooperate with the investigation, having arranged a private jet to Europe to defend himself with a lawyer. This incident has sparked widespread discussion about the application of Blockchain technology and the responsibilities of developers.

The fork and non-cooperative game system of Blockchain development
The development of Blockchain technology has encountered a fork on the path of centralization and decentralization. This fork mainly stems from two core concepts: credibility and usability. Usability refers to information that is easy to use but not so comprehensive, such as internet products and electronic devices, and most user experience designs are addressing this issue. Credibility, on the other hand, focuses more on expanding the boundaries of human knowledge; Bitcoin is a typical example, as it attempts to solve the problem of how we trust something or data.
The existence of these two demands has led to continuous forks. If the birth of Bitcoin is seen as a starting point, then Ethereum continues its fundamental philosophy and spirit. Ethereum did not compromise towards centralization, but still experienced forks during its development.
Many people still have an understanding of Blockchain that remains at this stage. Some consortium chains have made certain compromises in terms of usability, which is due to Ethereum.

The first Sui Global Hackathon has successfully concluded, with 32 outstanding projects emerging.
During the eight-week Sui Overflow hackerthon, 32 winning projects were ultimately selected from 352 project proposals. These winners received first, second, and third prizes in 8 different tracks, with two third prizes awarded in each track.
As the first global hackathon for Sui, Sui Overflow provides a platform for developers to showcase innovative ideas and Move programming skills, with project types covering multiple fields from development tools to games. The competition runs from April 21 to June 21, with participants presenting their works to 47 judges on Demo Day, June 15. The judging panel consists of industry experts, investors, and well-known developers.
In addition to professional reviews, the Sui community also selected the 10 most popular awards through online voting. Moreover, the competition also featured...

Trigger Operator: Value Capture Mechanism in Smart Contracts
When the internal logic of smart contracts reaches specific conditions, external actions are required to trigger state changes. This design stems from the essence of blockchain architecture: each operation is a global auction. Some attempts to automate the trigger often overlook the nature of this game, which may lead to attack or arbitrage risks.
The trigger operator is essentially a non-linear exchange based on consumption (GAS and information carrying cost) and yield (state change). This non-linear characteristic gives it the potential to form a self-enhancing mechanism in certain dimensions, thereby solidifying value.
Trigger operators typically have three key characteristics: permissiveness (whether the trigger object is restricted), information carrying (whether information or assets are passed to the contract), and time relevance (whether the validity of the trigger is time-related). These characteristics collectively influence the triggering strategy and cost structure.
In decentralized finance (De

Tezos' new upgrade significantly drops Gas costs, paving the way for Decentralized Finance applications.
Recently, the Tezos blockchain completed an important upgrade called "Delphi". The main goal of this upgrade is to attract more application developers, especially in the Decentralized Finance ( DeFi ) field, by significantly dropping the Gas costs required for operations.
After the upgrade, the Gas consumption of the Tezos network has dropped by about 75%, thanks to a series of optimizations to the blockchain Michelson language interpreter. Additionally, storage costs have decreased by 4 times. These improvements enable developers to deploy more complex smart contracts and applications on Tezos.
A blockchain expert stated: "With the significant drop in Gas costs and the regularization of upgrades, Tezos has already established a mature Decentralized Finance development environment."
The Gas mechanism of Tezos is similar to that of Ethereum.

Institutional interest in Bitcoin is growing, with investment scale exceeding historical highs.
Although the price of Bitcoin has dropped 52% from its peak in 2017, institutional investment in it has significantly increased. The main factors currently influencing the inflow of institutional funds into Bitcoin include the positive attitude of well-known investors, the maturity of Bitcoin, and the continuously strengthening fundamentals.
The asset management scale of Grayscale Bitcoin Trust ( AUM ) is often regarded as an indicator of institutional investment participation in Bitcoin. As of June 23, 2020, the trust's AUM exceeded $3.5 billion, which is nearly 20% higher than when Bitcoin prices reached an all-time high in 2017.
More notably, the proportion of institutional investors in Grayscale products surged from 56% in the first half of 2018 to 88% in the first quarter of 2020. This indicates a significant increase in institutional interest in cryptocurrency investment tools.
Recently, some major financial institutions have also changed their attitude towards Bitcoin.

Hyperliquid partners with Phantom to enter the Solana ecosystem, starting a new round of competition among trading platforms.
Hyperliquid officially enters the Solana ecosystem, providing liquidity support through collaboration with the Phantom wallet. This move is not just a simple multi-chain deployment, but more like building an on-chain version of Binance, becoming the ultimate source and destination of liquidity for various protocols and applications, establishing itself as a true on-chain infrastructure with ultra-high liquidity.
To fully understand Hyperliquid, it is necessary to compare it with spot DEXs, contract DEXs, and centralized exchanges:
- Compared to spot DEX, Hyperliquid focuses on contract trading, and its main challenge is attracting concentrated liquidity.
- Compared to contract DEXs like dYdX and GMX, Hyperliquid adopts a more refined operational model.

The Rise of the Secure Track: From Behind the Scenes to Center Stage
Recently, a Web3 security company announced the details of its tokenomics and is about to launch its token generation event. This not only marks an important advancement for the company on its path to commercialization, but also indicates that the security sector is stepping out of the shadows and becoming an indispensable core component of the Web3 ecosystem.
For a long time, the security track has not been seen as a particularly "attractive" narrative, especially during bull markets. Compared to areas that can directly monetize during bull markets (such as DeFi, NFTs, and Memecoins), projects in the security field often seem less "sexy." However, as the complexity and risks of on-chain interactions continue to increase, the security track is being redefined and reassessed.
The main reason why the security track seems less appealing is that, although everyone knows security is one of the important foundations for the development of the industry, it is precisely because

In 2023, the DeFi and Crypto Assets industry will face several trends, including the development of the DeFi Options market, the rise of modular blockchain, Ethereum outperforming Bitcoin, the potential of Soulbound Tokens, the integration of DeFi with real assets, and intensified competition among DEXs. At the same time, the simplification of DeFi products, the integration of NFTs by Web2 companies, and the launch of a new generation of hardware wallets will also drive the industry's development.

Chartist maestro Peter Brandt: prediction markets are nothing but a self-deceptive game
Peter Brandt, as a veteran in the market, has been navigating the trading field for nearly half a century. He founded Factor Trading Co., Inc, focusing on proprietary trading, and has also managed funds for large institutions. He gained fame for accurately predicting multiple market trends and has now become one of the most关注的技术分析师 in the crypto space.
Brandt's views often seem out of place. He is both a seasoned representative of chart analysis and a controversial "deadpan comic." In the eyes of traders, he is a "price hunter" who accurately grasps market rhythms; in the cryptocurrency community, he is known for mocking bulls.
This article features an in-depth interview with this market veteran who has been trading commodities since 1975, exploring his journey into the crypto world and his views on charts.

The Economic Situation and Monetary Policy Trends in the United States: Potential Impacts on the Crypto Market
Recent U.S. economic data has shown a complex situation; on one hand, GDP data has performed reasonably well, while on the other hand, the employment market has shown signs of fatigue. Meanwhile, the Federal Reserve's monetary policy trends have attracted widespread attention, with expectations for interest rate cuts becoming increasingly strong. As participants in the crypto market, it is crucial to closely monitor these economic indicators and policy changes, as the Federal Reserve's monetary policy has always been one of the key factors influencing the direction of the crypto market.
US Economy: Surface Stability, but Actually Slowing Down?
The latest GDP data shows that the annualized quarter-on-quarter growth rate reached 3.0% in the second quarter of 2025, a significant improvement compared to the -0.5% in the previous quarter. However, a deeper analysis of the data reveals that this growth is somewhat inflated. Imports plummeted by 30.3%, which actually reflects the fading of inventory hoarding by companies due to previous tariff increases, rather than...

The Algorithmic Stablecoin project Frax has attracted follow.
A new algorithmic stablecoin project called Frax has recently attracted widespread attention in the industry. The project was initiated by Sam Kazemian, co-founder of Everipedia, along with several notable figures, including a renowned economist who previously served as a senior economic advisor.
The Frax project team has a strong lineup. Sam Kazemian is an Iranian-American software engineer who majored in philosophy and neuroscience in college, later self-studying programming and cryptocurrency knowledge. Another core member is a well-known economist who will serve as the Chief Economist, responsible for developing economic models and lending standards. This economist has long focused on monetary policy and believes that private competitors challenging central bank money supply is healthy. In addition, a legal expert who has previously worked in government also joined the team.
Unlike traditional stablecoins, Frax uses a partially algorithmic approach.

Analyzing Centralized Liquidity Protocols in the Move Ecosystem: Taking Cetus as an Example
The concentrated liquidity protocol is an important component of the decentralized exchange and liquidity system based on the Move ecosystem. Such protocols adopt algorithms similar to a well-known DEX V3 to construct concentrated liquidity mechanisms and related functionalities, aimed at providing users with an excellent trading experience and higher capital efficiency. At the same time, these protocols also leverage the unique ecological characteristics of specific public chains to create unique composable features.
Characteristics and Demands of On-chain Crypto Trading Markets
Although the on-chain cryptocurrency trading market is relatively small in scale, it is growing rapidly. A prominent feature of this market is the large number of low liquidity, low market cap assets, which have a strong demand for price discovery. Therefore, how to better achieve price discovery to attract liquidity has become the key to promoting on-chain trading prosperity. Against this background, DEX should primarily serve liquidity providers (L

The crypto market has suffered a severe blow, but there may be a turnaround in the fourth quarter of 2024.
The crypto market in July failed to rebound as expected, instead experiencing a comprehensive decline due to a series of negative factors. Despite the market suffering a heavy blow, multiple positive factors have accumulated, leading many to hold a cautiously optimistic attitude towards the market outlook for the fourth quarter of 2024.
The main challenges facing the current market
The compensation event has caused market turmoil.
The compensation issue of a well-known exchange has attracted significant attention from the crypto market. The potential selling pressure of nearly 285,000 Bitcoins and their forked coins had previously triggered market panic at the end of June, causing Bitcoin prices to plummet sharply. With the formal compensation starting at the beginning of July, Bitcoin fell below an important support level under heavy pressure.
An industry veteran pointed out that the current market conditions are similar to those in May 2021, both having undergone a round of parabolic rises followed by adjustments. He predicts that there could be an even more extreme correction, potentially dropping to the $40,000 range.

The Ethena protocol is a stablecoin system based on Ethereum, which mints USDe through a Delta-neutral strategy. Its revenue sources include staking and funding rates from short positions, with a focus on the risks of declining funding rates, insufficient insurance funds, and a lack of application scenarios. To address these challenges, Ethena needs to increase the variety of collateral, expand application scenarios, and enhance the scale of the insurance fund.