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The article discusses the turning point of Blockchain applications in the financial and public sectors, with expectations that regulatory support in the United States will drive the widespread adoption of stablecoins by 2025. The rise of stablecoins will enhance transparency and efficiency, but it also faces numerous challenges. The public sector is improving fiscal transparency and efficiency through Blockchain, while also showing potential in fund distribution and public record management.

The rapid growth of Crypto Assets in the Southeast Asia region has led to increased Liquidity and Compliance risks. Research shows that about 45% of funds flow freely in decentralized Wallets, with 12% related to the black and gray industries. The lack of regulation and the difficulty of technological monitoring have exacerbated the risks. It is recommended to strengthen regulation, enhance user education, and promote technological innovation to drop illegal fund flows.

Christian Thompson, the Deputy Chief Information Security Officer of Mysten Labs, discussed the security strategy of the Sui Blockchain. He emphasized the importance of the CISO in areas such as cybersecurity and risk assessment, and introduced the multi-layered defense measures that Sui has implemented to protect developers and users. The Sui ecosystem enhances security through education and tools, and learns from vulnerabilities in the Web3 space to meet future security challenges.

Baidu released the Wenxin large model 4.0 on October 17, with Li Yanhong stating that its capabilities are comparable to leading large language models. Although market reaction has been lukewarm, Baidu's efforts and innovations in AI technology remain significant, with 45 million users of Wenxin Yiyan. The company aims to secure a prominent position in the global technology sector through a comprehensive layout in AI.

Market Overview
Since the third quarter, well-performing assets include the Russell 2000 Index, gold prices, financial stocks, and U.S. Treasuries, while poorly performing assets include Ethereum, crude oil, and the U.S. dollar. Bitcoin has remained nearly flat, and the Nasdaq 100 has been the same.
For the US stock market, the current market is still in a bull market, and the main trend remains upward. However, the trading environment in the last few months of the year will be relatively lacking in performance themes, and both the upside and downside potential of the market will be limited. The market continues to revise down Q3 earnings expectations.
Recently, the valuation has pulled back, but the rebound was also quick, with a 21 times PE still far above the 5-year average.
93% of companies in the S&P 500 index have reported actual results, of which 79% exceeded earnings per share expectations, and 60% exceeded revenue expectations. The stock price performance of companies that exceeded expectations is basically in line with historical averages, while the stock price performance of companies that fell short of expectations is worse than historical averages.
The repurchase is currently American stocks.

The Metaverse public chain is an important infrastructure for the Metaverse technology ecosystem, supporting the development of projects such as NFT and blockchain games. The industry is still in its early stages of development, with strong demand, and infrastructure needs to be improved to adapt to future applications. Representative projects include decentralized rendering networks and gaming public chains, which enhance user experience by integrating Edge Computing, AI, and other technologies.

In 2023, Ethereum made significant progress in liquid staking and Layer 2, with the total amount staked rising by 60%. The Shanghai upgrade attracted a large amount of deposits, and the rapid development of L2 drove the prices of related tokens to soar, becoming a future focus.

KIP Protocol attracts investors' follow during the bull run and launches an Airdrop event called "The Uprising". The project aims to address copyright and data issues in AI development through the concept of Decentralization in Web3, establishing an open AI data market that allows creators to put their data on-chain and earn revenue. During the event, users can earn points by completing tasks, which may lead to Token Airdrops in the future based on the points.

On July 23, 2024, nine Ethereum Spot ETFs officially began trading on the U.S. securities market, marking a new milestone for digital assets. The total transaction volume on the first day reached $434 million, with Grayscale Ethereum Trust performing outstandingly. The new ETFs have differences in fee structures and do not include ETH stake functionality. The industry expects to attract $15 billion to $20 billion in funds during the first year, opening a new era for blockchain assets.

The value and challenges of Bitcoin
After the financial crisis in 2008, a person using the pseudonym Satoshi Nakamoto proposed the concept of Bitcoin, a decentralized blockchain currency, to address the flaws of traditional centralized monetary systems. After 12 years of development, Bitcoin has become a financial phenomenon that cannot be ignored. As stated by a major bank, a phenomenon that has lasted for 12 years cannot simply be viewed as a bubble.
The value consensus of Bitcoin is continuously expanding. In early 2021, the price of Bitcoin surpassed the $40,000 mark, reaching a historical high of $41,940, doubling in value in just over a month. This surge in price has attracted widespread attention and has become an important driving force in the digital currency market.
However, the price of Bitcoin also shows significant volatility. Data indicates that the daily average volatility of Bitcoin reaches 3.75%. This volatility reflects, to some extent, the characteristics of the Bitcoin market: decentralization and anonymity make

DeFi Revolution: A New Chapter in Decentralized Derivatives Trading
After a period of development, Decentralized Finance ( DeFi ) has become one of the most successful applications in the blockchain field, fundamentally changing the landscape of the cryptocurrency market. Cryptocurrency trading has gradually shifted from off-chain to on-chain, expanding from initially simple exchanges to a broad ecosystem covering lending, staking, and derivatives trading.
In the field of Decentralized Finance, a certain DEX accounts for 45% of the on-chain spot trading volume, becoming the undisputed industry leader. Its pioneering centralized liquidity solution and permissionless token listing mechanism provide users with efficient yield products and trading experiences, releasing a large amount of on-chain liquidity and laying an important foundation for the prosperity and diversity of the ecosystem.
In the derivatives space, SynFutures is rising with the same momentum, being hailed as "the newcomer in the derivatives field". This article will delve into the opportunities of SynFutures.

Senior financial experts shared their views on Crypto Assets during an interview, recommending that 90% of funds be invested in mainstream tokens such as Bitcoin and Ethereum, with 25% allocated to emerging projects like Sui, focusing on the balance between risk and return. He emphasized that market trends are positive and advised investors to buy during falls, paying attention to community value and market attention.

Blend, as a new type of NFT lending protocol, adopts a peer-to-peer model and offers flexible perpetual lending services, allowing users to choose their own conditions. Its advantages lie in optimizing exit mechanisms, decentralization decision-making, and market-driven pricing, while also introducing the "buy now, pay later" NFT purchase feature. Although token empowerment is still limited, Blend shows great potential in improving lending efficiency and integrating the ecosystem.

Decentralization storage platform comparison analysis
Overview of Existing Solutions
Arweave
Arweave is a decentralized platform focused on permanent data storage. It uses a unique "Blockweave" structure that achieves high redundancy by distributing data copies across the network, allowing for indefinite data retention. Users pay storage fees with AR tokens. The platform is suitable for long-term storage needs, such as archives, academic records, and other content that requires tamper-proof preservation. However, it lacks file version control features.
BitTorrent
BitTorrent is known for its peer-to-peer ( P2P ) file sharing protocol, excelling in the efficient distribution of large amounts of data. It has good scalability and broad adoption, making it particularly suitable for sharing popular files. However, BitTorrent lacks integration of blockchain technology and file version control features. It has expanded into commercial

Many Web3 projects mistakenly believe that merely going overseas can avoid the regulation of Chinese laws, but in reality, overseas registration does not mean compliance. Chinese laws can still hold overseas projects accountable, especially when users and operations involve China. Therefore, Web3 entrepreneurs should focus on legal risk assessment during the startup phase, not just the choice of registration location.

In recent years, the profit model of airdrop projects has gradually narrowed, and many teams have encountered difficulties, leading to increasing dissatisfaction among users regarding airdrop qualifications. The airdrop rules set by the project party have become increasingly strict, causing many active users to be unable to receive airdrops, which has intensified dissatisfaction towards the project party. Airdrops have turned into a reflection of marketing expenses, and ordinary users should participate with caution to avoid excessive investment.

The Solana ecosystem accelerates the process of Decentralization, and validators face significant changes.
The Solana ecosystem is accelerating its reforms in decentralized governance. Recently, a new policy was introduced aimed at optimizing the structure of validators and enhancing their independence. However, this policy may have a significant impact on a large number of small and medium-sized nodes.
Core content of the new policy
The new policy introduces a "one in, three out" replacement mechanism. Specifically, whenever a new validator joins the Solana Foundation delegation program (SFDP), three existing validators will be removed. The removed validators must meet two conditions:
1. Have been authorized by the foundation for at least 18 months.
2. External staking outside of the foundation's delegation is less than 1000 SOL
This policy aims to encourage validators to enhance their competitiveness and reduce their reliance on foundation resources.
Potential impact range
Eye

Bots: Another form of existence for DEX.
Since the fourth quarter of 2023, the cryptocurrency market has shown a clear bullish trend. Against this backdrop, the Meme token market has experienced significant growth, demonstrating enormous short-term value growth potential, attracting a large number of investors. However, the Meme token market also exhibits extremely high volatility and short market cycles, with the active trading period of some tokens even lasting less than 10 minutes. Due to technical factors such as blockchain network congestion and operational speed limitations, trades often need to be executed in seconds, which increases the risks faced by investors, particularly the possibility of buying at market peaks. In response to these challenges, the decentralized exchange trading Bots (Dex Trading Bot ) has emerged, aiming to address the demand for rapid trading and minimize the loss of maximum extractable value (MEV ).
Some mainstream exchanges have listed

Aave v4 will launch several important updates, including unified liquidity management, automatic interest rate adjustments, and enhanced Risk Management to improve user experience, integrating the GHO stablecoin, and planning an independent network. This version aims to enhance Aave's competitiveness in the Decentralized Finance market, but the necessity of an independent network remains controversial.