ZKSherlock

Encryption prediction market: Emerging forces rise, the prospects are bright but challenges remain.
In recent years, encryption prediction platforms have emerged as a new force in the blockchain industry, rapidly rising and gaining widespread attention. This market form allows users to buy and sell shares related to the outcomes of future events through collective intelligence, thus predicting the direction of events. It not only provides investors with new investment channels but also offers valuable data resources for research institutions. According to industry reports, the scale of encryption prediction platforms is experiencing explosive growth and is expected to maintain a high-speed growth trend in the coming years.
Among the many encryption prediction platforms, Polymarket stands out with its unique operating mechanism and its responsiveness to current political events, becoming a leader in this field. As a blockchain-based decentralized prediction market platform, Polymarket allows users to bet on the future outcomes of various topics using cryptocurrencies. It is beneficial.

The Success Trap of Utilitarianism: The Rise and Fall of SBF
The cryptocurrency industry is always full of drama. In just two and a half years, the market value of a startup can soar to around $28 billion. Even more astonishing is that within 36 months, the company's valuation skyrocketed from $800 million to $32 billion, a staggering increase of 4000%.
However, what is even more astonishing is that this company has fallen from being an industry giant to the brink of bankruptcy in less than a week. There is even a joke circulating online that during this week, most people's investment performance has surpassed that of a top trader who graduated from MIT.
The mastermind behind all of this is the young entrepreneur with the iconic afro hairstyle - SBF.
The Myth of Effective Altruism
Among SBF's many titles, the label "effective altruist" stands out prominently. This not only gives a preliminary impression of his character, but also leads to

Depth comparison of the 8 major mainstream Launchpads, who will be the version king of 2025?
As the cryptocurrency market enters 2025, the Web3 Launchpad ecosystem has evolved into a diverse landscape, with various platforms developing differentiated layouts around different types of projects, users, and financing models. From issuance platforms supported by centralized exchanges to decentralized IDO mechanisms, and new solutions such as LBP (Liquidity Bootstrapping Auction), Launchpads have become the core vehicle for early investment and project initiation in the crypto world. This article provides an in-depth comparison of the eight major Launchpad platforms, including DAO Maker, Seedify, ChainGPT Pad, Virtuals, CoinTerminal, Fjord Foundry, CoinList, and Binance Launchpad.

Weekly BTC Market Review and Outlook (February 10 - 16): Market sentiment is becoming optimistic, and Bitcoin may break through the consolidation range.
This week, the opening price of Bitcoin was $96481.47, and the closing price was $96119.88, with a weekly decline of 0.37%. The price fluctuation narrowed to 5%, and trading volume significantly shrank. The price of Bitcoin remains within the range of $89000 to $110000.
Despite the release of several important economic data and events this week, such as the US January CPI data, new tariff policies, and Federal Reserve Chairman Powell's testimony to Congress, these factors have not caused significant fluctuations in the US stock and cryptocurrency markets, possibly because the market has already digested this information in advance.
As the Russia-Ukraine conflict may move towards peace talks, market sentiment seems to be turning optimistic. The US dollar index has fallen sharply, US Treasury yields continue to decline, while US stock indices are rising, once again approaching historical highs.

Hong Kong Legislative Council member Yiu Tak-ken stated that Hong Kong is only one or two years behind Singapore in terms of Web3 policy. He is optimistic that with technological advancements and the improvement of regulatory policies, Hong Kong can quickly develop in the digital asset field, and mentioned that the regulatory framework for the Hong Kong dollar stablecoin will be launched next year. At the same time, he emphasized that investors should trust licensed exchanges and called for strengthened regulation to protect investors.

Xiong'an New Area recently established a Blockchain laboratory, which will conduct in-depth research on the application of Blockchain technology in the construction of new smart cities and the digital economy. The laboratory aims to integrate various resources, focusing on Open Source Blockchain development, infrastructure construction, and standardization, to promote the implementation and development of Blockchain technology in multiple fields. Participating institutions include state-owned enterprises, banks, and universities, aiming to become an important driving force in the Blockchain industry in the future.

One year after the ETH merge, the market share of MEV-Boost remains at 90%, but MEV profits have significantly declined by about 62%. After the merge, the trading lifecycle has become more complex, involving longer games. Future exploration directions include shielded transactions and protocol improvements, and the MEV ecosystem is still evolving, with a focus on fairness and security.

The world Crypto Assets trading competition Season 7 is now in full swing, with trading experts coming together.
The seventh World Crypto Assets Trading Competition (WCTC S7) of a well-known trading platform is in full swing. According to the latest official data, as of April 28, the number of participants has exceeded 10,000, successfully unlocking a prize pool of $140,000. The registration phase for this competition will last until June 8.
WCTC S7 has set up multiple events including team competitions, individual competitions, and red envelope rain, with the total prize pool dynamically adjusted based on participation, reaching up to 5 million USD. The competition is open to users worldwide, welcoming traders from different backgrounds and strategies to compete together.
To help participants better understand the competition rules and platform tools, the organizers provide a wealth of learning resources and practical tools to comprehensively support participants' pre-competition preparation and performance.
Master the contract trading arena and seize trading opportunities in volatile markets.

On-chain coin popularity is rising, can exchange tokens benefit?
Recently, the cryptocurrency market has shown a trend of diversification, with Bitcoin's market share dropping from 60% to 55%, indicating the arrival of altcoin season. Market hotspots are emerging frequently, blooming in a hundred flowers: AI-related projects are performing exceptionally well, with a certain protocol's market cap temporarily exceeding 300 million USD; an AI project within a certain public blockchain ecosystem reached a peak market cap of 1 billion USD; another exchange's ecological coin rose more than 10 times. In terms of products, the exchange's open interest has repeatedly hit new highs, surpassing 4.3 billion USD. Even the previously relatively quiet NFT sector has seen some action, with several well-known projects issuing tokens one after another, driving many blue-chip NFT projects in the Ethereum and Solana ecosystems to rise.
From these hotspots, it can be seen that market attention is mainly focused on on-chain projects. So, have the tokens of centralized exchanges really been forgotten by the market?
This is not the case. There is still one more in this bull market.

The expansion of the Tether stablecoin empire.
Tether has become a giant in the stablecoin industry thanks to the global circulation of USDT, with annual profits reaching 13 billion dollars solely from government bond interest, making it one of the most profitable fintech companies in the world. However, Tether has discovered that although it profits handsomely from the issuance and management of USDT, the true "on-chain economic profit-sharing" has not fallen into its hands.
USDT contributes nearly $100,000 in Gas fees daily on Ethereum, accounting for over 6% of the total Ethereum transaction fee consumption. On Tron, USDT's transaction volume and Gas consumption account for over 98% of the entire public chain, which can be said that the trading prosperity of Tron almost entirely relies on USDT "blood transfusion".
The TRON network currently generates over 2.1 million USD in on-chain revenue daily, with an annualized income reaching 770 million USD. The vast majority comes from high-frequency transfers of USDT.

StarkWare is a leader in the zk rollups space, launching the two major products StarkEx and StarkNet, which provide specific scaling services and a Programmability Layer-2 network, respectively. The company is committed to enhancing transaction efficiency and user experience to support the development of the Ethereum ecosystem, with a promising future ahead.

The compensation plan of the FTX exchange has been launched, but users from five countries including China, Russia, and Ukraine are currently unable to participate. This decision may be related to jurisdictional barriers and compliance risks. Although users in China face challenges, there may be special liquidation channels in the future, and users need to follow the subsequent developments.

OpenLedger Depth Research Report: Building a data-driven, model-composable agent economy based on OP Stack + EigenDA
1. Introduction | The Model Layer Leap of Crypto AI
Data, models, and computing power are the three core elements of AI infrastructure, analogous to fuel (data), engine (model), and energy (computing power), each of which is indispensable. Similar to the evolution path of infrastructure in the traditional AI industry, the Crypto AI field has also gone through similar stages. In early 2024, the market was once dominated by decentralized GPU projects, which commonly emphasized a rough growth logic of "competing in computing power." However, as we enter 2025, the industry's focus is gradually shifting towards the model and data layers, marking that Crypto AI is transitioning from competition for underlying resources to a more sustainable and application-value-driven mid-level construction.

This week, the Web3 gaming industry is witnessing a scenario where both new and old projects are making progress simultaneously. Emerging games are attracting new users and performing excellently, while traditional games still hold an advantage in player retention. The industry is actively exploring new cooperation models to promote ecological development.

Sui Network is an efficient Layer 1 Blockchain based on the Move programming language, attracting a lot of follow due to its second-level transaction processing and low fees. The platform supports diverse applications, including games and Decentralized Finance protocols. The innovative zkLogin technology enhances user experience, indicating a broad development prospect for the future.

As a rising star in GameFi, this project connects Web3 and Web2 through a unique 3D Metaverse construction and a strong team, providing users with an immersive experience. The project is equipped with advanced technology and a comprehensive Token economic model, attracting the attention of investors, with immense future potential.

Recently, the crypto space has seen the emergence of an AI named Patoshi, known as the "Zero AI" of the Palio universe. It can autonomously distribute $PAL Tokens and decide whether to interact based on the user's on-chain asset story. Participants can earn token rewards by sharing their stories, ushering in a new era of AI-led Airdrop, attracting many users to actively participate. This event not only promotes community interaction but also showcases the potential applications of AI in the virtual economy.

Virtuals Protocol is a blockchain-based AI agent generation platform aimed at providing the creation of personalized virtual characters. The project was launched in 2023, combining decentralization technology with AI to facilitate applications in gaming and the Metaverse. The team has a strong background, the business model is clear, and it is expected to drive rapid rise in the industry over the next five years.

Solana Decentralized Finance ecosystem overview: main products and trend analysis
The DeFi trading volume on Solana continues to grow, with daily average spot DEX trading volume reaching $1.5 billion in the first quarter of 2024, a month-on-month increase of 319%. This growth is mainly driven by Memecoin trading, such as SLERF and BOME. Solana has become the preferred platform for retail and Memecoin traders due to its extremely low transaction fees and fast confirmation times. Against the backdrop of steadily rising SOL prices, Solana's total value locked (TVL) has increased to $4.311 billion. Similar to other public chains, Solana's TVL mainly comes from DEX, LST, lending platforms, and perpetual contract trading.
Decentralized Exchange (DEX)
Decentralized Exchange

On April 30, 2025, Dubai will host a global celebration of the encryption asset industry, attracting numerous investors and industry leaders. The event will include a sports carnival, roundtable discussions, and keynote speeches, aimed at promoting communication and development in the Web3 industry, creating a Depth cooperation platform, and looking ahead to future trends.