MoneyBurner

Is the encryption vault craze cooling down? The stock prices of many companies have taken a big dump, yet new players are still entering the market.
Recently, the stock prices of several cryptocurrency treasury companies have experienced a big dump, raising concerns in the market about the sustainability of this business model. However, some new players are still actively positioning themselves, attempting to replicate early success stories.
On the evening of June 24, a certain financial company’s stock price fell by over 60%, closing at just $3.97. The reason for this big dump is that investors registered a large number of resale shares, amounting to the company’s initial circulating shares in April.
Ironically, just a week ago, a brokerage firm on Wall Street gave an "overweight" rating to several encryption treasury companies, including this one. Analysts believe that these companies are betting that future finance will be conducted on-chain and are optimistic about the underlying blockchain technology they have chosen.
However, the market's reaction seems to be vastly different from the analysts' expectations. Not only the aforementioned companies, but several others are also being affected by the same.

The Revolution of Liquid Staking: How Sanctum Reshapes the Solana Ecosystem
Liquid staking is fundamentally changing the way assets are managed in PoS networks. By transforming traditional illiquid staked assets into tradable tokens, this innovation provides cryptocurrency holders with unprecedented flexibility. Stakers can now participate in DeFi activities or trade their assets without needing to unstake.
On the Ethereum network, protocols like EigenLayer have taken this concept to new heights by introducing the possibility of re-staking. Users can deposit their liquid staking tokens (LST) into smart contracts to earn additional rewards while maintaining the liquidity of their assets.
The liquid staking market has experienced explosive growth in just a few years, with the total locked value ( TVL ) soaring from 30 million dollars to over 57 billion dollars. However, between different blockchain networks,

The new regulations released by the State Administration of Foreign Exchange aim to strengthen the supervision of banks' forex business and establish comprehensive monitoring of virtual money transactions. Banks are required to monitor suspicious transactions and report them in a timely manner. Ordinary consumers with legitimate sources of funds face lower risks, but enterprises need to follow compliance. Future regulations will be more transparent, and illegal activities will be subject to severe penalties.

Virtual asset experts in Hong Kong discussed the regulation and development of RWA (Real World Assets), emphasizing that regulation should be based on the nature of the underlying assets, and believing that RWA can provide ordinary investors with higher risk-free yields. Experts pointed out that institutions with a Type 9 license can seize the opportunities in the RWA market through innovative financial products and promoting traditional investments, with optimistic prospects for future development.

Incentive Testnet plays an important role in the attestation Blockchain by encouraging external participants to test the network, addressing Decentralization and cost issues. A successful Incentive Testnet can ensure the stability of the project launch, help identify potential problems, and simultaneously promote community building and the accumulation of operational experience.

The Web3 industry is gradually shifting from token financing to Initial Public Offerings (IPO), reflecting the maturity of the industry and its integration into mainstream financial markets. IPOs provide stable funding support, compliance, and standardized valuation, while also broadening the investor base. In the future, an increase in IPO activity in this field is expected, particularly for companies such as centralized exchanges and stablecoin issuers.

The change of Speaker of the U.S. House of Representatives may affect the development of the encryption industry.
Recently, a significant change occurred in the U.S. political arena as House Speaker Kevin McCarthy was ousted. This historic event may have far-reaching implications for the encryption currency sector.
On October 3, after McCarthy was removed from office, Republican Congressman Patrick McHenry, who supports the encryption industry, temporarily became the longest-serving Republican in the House of Representatives. However, questions remain unresolved about who will ultimately serve as the next Speaker and whether the U.S. government can avoid a shutdown after the temporary funding agreement expires on November 17.
These uncertainties may impact the encryption industry. In Washington, pro-encryption politicians are not common, and Mike McHenry is one of them. He has threatened to issue a subpoena regarding the interactions between SEC Chairman Gary Gensler and a certain bankrupt encryption trading platform. Currently, McHenry also serves as the Chairman of the Financial Services Committee, but this

The deployment of Themis Blast L2 brings new vitality.
Recently, the decentralized derivatives protocol Themis announced its official launch on Blast L2 and introduced a new token and economic model, injecting new vitality into the decentralized derivatives sector. The Themis Protocol conducted its IDO on May 13 and reached its hard cap of 625 ETH within 15 days, with subscription amounts exceeding 2.4 million US dollars. Such a booming market response demonstrates the unique appeal of Themis Protocol. This article will provide a detailed introduction to the dual-token economic model of Themis Protocol on Blast L2, including the governance token $THS and the contribution value token $SC.
Overview of Themis
Themis Protocol is a decentralized derivatives trading platform built on Blast L2,

Metaplanet's Bitcoin strategy: the combination of zero interest rate bonds and high-risk investments
Recently, the Japanese listed company Metaplanet has attracted widespread attention in the market due to its unique financial strategy. The company raised funds by issuing zero-interest rate bonds and invested all of it in Bitcoin, which has led it to be regarded as the "Japanese version of a Bitcoin company." Metaplanet plans to raise 4.5 billion yen (approximately 30 million USD) through this method to further increase its Bitcoin holdings.
Since incorporating Bitcoin into its treasury reserve assets in May 2024, Metaplanet has acquired over 1,000 Bitcoins. Notably, the company's stock price has surged by 2,450% since January 2024. This strategy of combining cryptocurrency with high-risk financial instruments has not only brought high returns to investors.

This article explores various valuation models for crypto assets, including Metcalfe's Law for public chains, the profit buyback and burn model for exchange platform tokens, the discounted cash flow method for Decentralized Finance, and the multi-valuation method for Bitcoin. These models provide theoretical support for various crypto projects, helping investors assess their value and cope with market fluctuations.

Inscription Protocol Explained: Understanding Principles and Asset Security
Recently, several mainstream trading platforms have launched inscription markets, supporting various inscription protocols such as BRC-20 and EVM, attracting widespread attention to inscriptions in the market. However, due to the complexity and novelty of inscription protocols, various security issues have emerged, which not only threaten user asset security but also negatively impact the healthy development of the entire inscription ecosystem.
To help users understand the purpose of the inscription protocol, how it is implemented, and how to protect inscription assets, this article will summarize the mainstream inscription protocols.
Inscription Introduction
Inscription on the blockchain is a way to record information with specific meanings on-chain, utilizing the characteristics of blockchain. Once this information is written to the blockchain, it is permanently stored and difficult to alter. The types of information that can be recorded are diverse, including simple text, complex code, images, etc., thereby enabling digital asset functionalities.
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This article analyzes the market performance of Polkadot from an investment perspective and its underlying "value network" concept. With the upcoming slot auctions, Polkadot has attracted widespread attention, and its price has surged. However, compared to Ethereum, Polkadot's volume and performance still fall short. The article points out that future blockchains need to seek a balance between performance and decentralization to achieve a more robust ecosystem.

Strong rebound from the shadow of the "tariff war": BTC chip structure further solidified
In April, the global financial markets experienced severe fluctuations. The "reciprocal tariff" policy that dominated market trends was officially implemented at the beginning of the month, triggering panic in the market and a significant downward adjustment in asset prices. However, as emotions were released and policies softened, coupled with data indicating relative resilience in the U.S. economy, the market welcomed a strong rebound.
Bitcoin adjusted ahead of the stock market and showed a strong upward trend after hitting the bottom, with a large influx of funds. More importantly, after more than two months of adjustment, Bitcoin's chip structure has greatly improved, and its internal state is more stable.
The S&P 500 and the cryptocurrency market have completely recovered the losses since the implementation of the "countervailing tariffs" policy. Although the tariff issue has not been fully resolved and the question of whether the U.S. economy will fall into recession remains uncertain, the market has shown strong momentum, continuously reacting to the latest information.

Jupiter is a decentralized trading liquidity aggregator in the Solana ecosystem, accounting for over 50% of the volume. Its core products include a trading aggregator, limit orders, and Auto-Invest, and it has launched Jupiter Labs and Launchpad, demonstrating strong market competitiveness and innovation capabilities. Although the tokenomics are relatively simple, Jupiter is expected to become a unicorn project in the ecosystem.

From Hong Kong to Denver: Ethereum's "Dunkirk Moment"
The industry conferences in the past two weeks have left a deep impression. At the Hong Kong conference, many people felt disappointed about the industry's prospects, believing that we have entered a bear market. Short-term speculative behavior is rampant, with traders seeking quick profits. In stark contrast is the sluggish state of the Ethereum ecosystem, where idealism has faded and reality has hit hard. Many long-term holders are beginning to turn bearish on Ethereum, shifting to other public chains. This seems to be a warning from the market about the lack of crisis awareness among Ethereum leaders.
The current industry values are facing serious issues. Many people have lost their ideals and beliefs, becoming ruthless tools for arbitrage. Exchanges have relaxed their listing standards to support their own projects, while large projects view token issuance as a cash machine. Market makers have become the winners of this cycle, obtaining free chips through relationships and branding. The industry has shifted from long-termism to short-term speculation, profoundly affecting those who persist in entrepreneurship.
This situation is similar to 20

The Blast Mainnet is about to launch, with both security risks and potential opportunities.
Recently, Blast has become a market hotspot. With the conclusion of its "Big Bang" developer competition, the total locked value (TVL) continues to rise, having surpassed the 2 billion dollar mark, holding an important position in the Layer2 space.
Blast announced that it will launch its Mainnet on February 29, attracting widespread attention, with "airdrop expectations" becoming the main factor to attract participants. However, alongside the development of the ecosystem, the emergence of various projects has also brought security risks. This article will deeply analyze Blast's development history, security risks, and potential opportunities.
Blast Development History
Blast was launched on November 21, 2023, initiated by Pacman, the founder of Blur. Within just 48 hours, the network's TVL reached $570 million, attracting over 50,000 users. Last year, Blast first

The U.S. Senate has passed the GENIUS stablecoin bill, paving the way for the next steps of approval by the House and the President. Once the bill is passed, it is expected to establish the first stablecoin regulatory framework in the U.S., enhancing market transparency and consumer trust, and it may have a profound impact on the stablecoin market.