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The Sui ecosystem recently suffered a major hacker attack, resulting in a loss of $223 million, exposing security vulnerabilities and triggering controversy over decentralization. Sui has taken measures such as freezing hacker addresses to recover some losses, but this has led to community criticism of centralized decision-making, exacerbating the crisis of confidence. This incident has prompted people to think about the balance between blockchain decentralization and user protection.

MicroStrategy's Bitcoin strategy emerged after the pandemic, actively purchasing Bitcoin through four financing methods, with a total investment of $27.7 billion. This strategy not only enhanced the company's market capitalization but also promoted the recognition of Bitcoin in the TradFi market, becoming an important case of financial innovation and signaling Bitcoin's potential in the new financial era.

Visa's Chief Strategy Officer Jack Forestell analyzed the importance of the "GENIUS Act" for the future of stablecoins, believing it to be a milestone in the history of payments. Stablecoins need to achieve widespread trust in terms of technology, reserves, and interface to be adopted at scale, and Visa will leverage its payment system to support the development of stablecoins in emerging markets.

Against the backdrop of global turmoil, the crypto market is gradually entering a wait-and-see period. China's reduction of U.S. Treasury holdings and the U.S. increasing tariffs on China are macroeconomic changes that have complex effects on the market, potentially leading to a depreciation of the dollar and enhancing the appeal of Bitcoin as a hedging tool. Investors should follow these dynamics.

This issue of the DeFi biweekly report points out that the price of Bitcoin has broken through $90,000, setting a new historical high. The new US president supports Crypto Assets, accelerating market rise. SynFutures has launched an innovative Perptual Futures platform, and the UK pension fund has made its first direct investment in Bitcoin, with the DeFi ecosystem gradually maturing.

Vitalik Buterin emphasized at the TOKEN2049 conference that Ethereum needs to meet mainstream demands while maintaining the principles of Decentralization and Open Source. He pointed out that user experience in the encryption field has improved significantly, with a substantial decrease in Money Laundering, and showcased innovations such as multisignature smart Wallets, looking forward to the continued development of the Ethereum ecosystem in usability and security over the next decade.

New Infrastructure Wave: Analyzing the Opportunities and Challenges of the DePIN Track
DePIN stands for Decentralized Physical Infrastructure Network, which encourages users to share personal resources to build infrastructure networks through token incentives, including areas such as storage space, communication bandwidth, cloud computing, and energy. It crowdsources infrastructure that was originally provided by centralized companies to be distributed among numerous users worldwide.
Data shows that the market value of the DePIN field has reached 5.2 billion USD, surpassing the 5 billion USD of the oracle field, and is showing a continuous upward trend. This includes projects such as Arweave, Filecoin, Helium, and Render Network.
DePIN has recently gained attention for three main reasons:
1. The infrastructure has improved compared to a few years ago, paving the way and empowering the DePIN track;
2. Messari proposed the new concept of DePIN

A research report on the application of blockchain in China's financial sector has been released, providing an in-depth analysis of the current status, development trends, and challenges of Blockchain in the financial field. It covers 112 projects from 47 institutions, presenting application value and risks, and recommends targeted policies and industry standards to promote the Compliance application of blockchain in finance.

In 2024, the crypto market enters the mainstream, with Bitcoin and Ethereum ETFs being launched, triggering a price rise and media follow. PANews selected 22 annual awards to recognize outstanding projects in technological innovation, market impact, and ecological construction, marking a significant turning point and future potential for the cryptocurrency industry.

Bitcoin breaks through the $90,000 mark, the alts market is poised to take off.
Bitcoin has once again reached the $90,000 mark recently, driven by multiple factors. On one hand, the trade tensions are expected to ease, as the U.S. Treasury Secretary stated that the current tariff deadlock is unsustainable and the situation is expected to improve soon. On the other hand, the Federal Reserve Chairman is facing pressure to cut interest rates, which has shaken market confidence in the dollar.
Bitcoin has once again demonstrated its "digital gold" characteristics in this round of increase, with its performance highly correlated to physical gold. Even amid a significant rebound in US stocks, Bitcoin has maintained its upward momentum, with an increase of 12% over the past seven days. This reflects the premium effect of Bitcoin as a liquid asset.
It is worth noting that this rise in Bitcoin did not drive the altcoin market to rise overall. Bitcoin's market share reached 64.2%, hitting a new high in four years. Although the overall performance of alts has been mediocre, some coins still

Sui Mainnet has been online for nearly a month, with on-chain Liquidity and activity showing mixed performance, primarily with the decentralized exchange Cetus. The current ecosystem needs to improve liquid staking, cross-chain infrastructure, and native stablecoin support to promote further development and user participation.

Latest updates on the Doge ecosystem: from the moon landing plan to the inscription protocol
Looking back at the last bull market, many hot projects emerged after DeFi Summer. After the crash on May 19, 2021, the market quickly recovered and reached new highs. Subsequently, influenced by the Federal Reserve's interest rate hikes and the collapse of institutions in the crypto space, liquidity gradually drained, and the market entered a deep bear phase. The last bull market can be divided into two peaks with May 19 as the dividing line, where Doge was the most outstanding project in the first peak. Many analyses suggest that the explosion of MEME coins is a signal that the bull market is about to end, as the market is filled with irrational investors, FOMO sentiment is high, and the bubble continues to expand.
"Doge to the moon" is a widely circulated slogan in the community. Before May 19, the market value of Doge indeed "reached the moon", which is closely linked to Musk's support. The aerospace business of Musk's SpaceX company is related to the slogan of Doge heading to the moon.

MuSig2 is the latest development in Bitcoin multisignature technology, aimed at improving the security, efficiency, and privacy of transactions. Compared to MuSig1, MuSig2 simplifies the signing process, reduces communication rounds, and enhances the security model, opening up new application scenarios for multisignature transactions and enhancing the usability and security of the Bitcoin network.

In May 2024, security incidents and losses in the encryption industry rose significantly, with over 37 incidents occurring, resulting in losses of $154 million. The number of Hacker attacks and phishing fraud cases has increased, especially with phishing fraud losses growing by 754%. Regulatory policies continue to be introduced in various regions, aimed at strengthening industry regulation and technology application.

A well-known e-commerce company in Japan has recently integrated its Crypto Assets Wallet and payment application, making it convenient for users to use Bitcoin and other Digital Money for daily consumption. Users can transfer Crypto Assets into their payment accounts among numerous merchants, and both parties' transactions incur no fees. This marks an important advancement in the application of Cryptocurrency in daily payments.

A New Milestone in the Digital Asset Market: The Stablecoin Ecosystem Triggers Global Financial Transformation
In 2025, the digital asset market will迎来重要转折点, a financial technology company with a core business in stablecoin successfully上市 on the New York Stock Exchange. This not only marks the entry of the USD stablecoin ecosystem into the public capital market but also reveals the enormous potential in the digital asset field. As a bridge between traditional fiat currency and the world of digital currency, stablecoins are becoming the focal point of fierce competition in the capital market and fintech companies due to their price stability, efficient low-cost cross-border payments, and support for innovative financial applications.
Against the backdrop of the rapid development of the global digital economy, the stablecoin ecosystem is experiencing explosive growth. Whether it is the massive influx of capital or the gradual improvement of regulatory policies, it highlights the key position of stablecoins in the future global payment system, cross-border settlement, and asset management. This article will delve into the layout of the stablecoin ecosystem, the compliance logic behind it, and assets.

This article explores the opportunities and challenges of decentralized physical infrastructure networks (DePIN) in the development of Bots intelligence, with a particular emphasis on bottlenecks such as data collection, autonomy, and hardware limitations. Despite the difficulties, DePIN can accelerate data collection and evaluation, driving Bots technology towards an open and sustainable future.