Arbitrum continues to optimize in the Ethereum Layer 2 space, recently implementing the BoLD protocol to enhance decentralization and security, while also laying out an AI ecosystem and launching the Trailblazer program to fund AI projects. Through technological innovation and ecological expansion, Arbitrum demonstrates strong adaptability and is worth following.

The first Sui Global Hackathon has successfully concluded, with 32 outstanding projects emerging.
During the eight-week Sui Overflow Hackathon, 32 outstanding projects out of 352 submissions ultimately won awards. The winners received first, second, and third prizes across eight tracks, with each track featuring two third prizes.
As the first global hackathon for Sui, Sui Overflow provides a platform for developers to showcase their innovative ideas and Move programming skills, with project types ranging from development tools to games and other fields. The competition started on April 21 and will run until June 21, with participants presenting their project results to 47 judges on Demo Day on June 15. The judging panel includes experts in the field, investors, and well-known developers.
In addition to the awards evaluated by the review, the Sui community also selected the top 10 through online voting.

Regulation of virtual assets in Hong Kong has entered a new phase, with Hashkey Exchange becoming a fully licensed exchange. CEO Wang Xiaoqi pointed out that the market will welcome more Mainstream Tokens, low-risk derivations, and Ether ETFs. It is expected that licensed exchanges will attract more clients, as the current market is a bull run for institutions, and future participation from Chinese institutions will accelerate.

KIP Protocol solves data and copyright issues in AI development through decentralization, establishing an open knowledge market to achieve KnowledgeFi. Currently, "The Uprising" Airdrop event is underway, where users can earn Tokens through social tasks. This project has a first-mover advantage in the AI data economy, and its prospects are worth following.

This article analyzes the two main applications of Bonding Curves in token economics, namely first-level Automated Market Makers ( PAMMs ) and second-level Automated Market Makers ( SAMMs ). PAMMs achieve supply discovery by dynamically adjusting the token supply, while SAMMs facilitate trading of existing tokens through liquidity pools. The combination of the two can enhance token liquidity and price stability. Bonding Curves are crucial in the DeFi space, driving the development of the encryption ecosystem.

Recently, the decentralized exchange Cetus was attacked, sparking discussions about the effectiveness of code security audits. Although Cetus has been audited by several institutions, there are still unresolved risk issues, highlighting the vulnerabilities of emerging DeFi protocols in terms of code security. Various projects adopting longer audits and bug bounty programs may enhance security, but unresolved risks still need to be addressed.

Digital Asset Vault Company: A New Wave of Crypto Assets Investment
The digital asset vault company (DATs) is becoming a new hotspot for cryptocurrency investment in the public market. These companies have drawn on the strategies of a well-known technology company, providing digital asset investment opportunities through permanent capital instruments listed on public stock exchanges. After in-depth research, we are confident in this investment concept and tend to concentrate our investments.
As investors, we always maintain an open attitude and continuously examine our viewpoints. Considering the ongoing premium trading of certain companies, as well as the buying behavior of some fundamentally oriented funds, we are looking for asymmetric opportunities that leverage the DAT trend. Although the premium may not last forever, there is a reasonable basis for investing in digital asset treasury companies and explaining their trading prices above the fundamental net asset value (NAV).
The most fundamental bullish reason is that over time, through certain companies, compared to direct

[Block Rhythm] On August 9, according to data platform monitoring, yesterday the net inflow of Bitcoin Spot ETF in the United States was 403.9 million USD, of which:
BlackRock IBIT: + 360 million USD
Fidelity FBTC: + 30.5 million USD
Grayscale Mini BTC: + 13.4 million USD

In October, the crypto market saw a significant rebound, with multiple indicators rising, including on-chain transaction volume, miner and staking income, and NFT transactions. The net inflow of Bitcoin ETF turned positive, institutional participation increased, and market sentiment improved, but it is still necessary to follow macroeconomic and regulatory changes.

The beginning of 2025: The Bitcoin market is changing rapidly.
At the beginning of the new year, the cryptocurrency market has plunged into turmoil. Bitcoin quickly retraced after breaking through the 100,000 dollar mark, sparking widespread discussion in the market.
Earlier this week, Bitcoin once broke through $100,000, but the good times didn't last long. During the U.S. trading session, the price of Bitcoin plummeted, dropping to a low of $92,600, nearly a 10% decrease from Monday's high. Currently, the price of Bitcoin hovers around $94,000.
The drop in Bitcoin has also triggered a chain reaction across the entire cryptocurrency market. Ethereum fell to $3300, Solana dropped below $200, and other altcoins generally declined by about 10%. This wave of decline has even affected the U.S. stock market, with several well-known mining companies' stock prices also experiencing a drop of 5-8%.
Although the market's decline is temporarily controllable, the market sentiment has clearly decreased as the price of Bitcoin is close to the beginning of the year level.