Weekly Selection | Market Weakness, TG BOT Track Has a Unique Landscape; MakerDAO Wants to ‘Defect’ from Ethereum; Lido Faces Centralization Doubts Again

Weekly Selection Market Weakness, TG BOT Track, MakerDAO's Desire to 'Defect' from Ethereum, Lido's Centralization Doubts

Editor’s Note: LianGuaiNews has selected high-quality content for the week to help everyone catch up on missing information during the weekend. Click on the titles to read more.

LianGuaiNews has released the ranking of column authors’ influence and the popularity of their articles in August 2023. Click here to view.

Telegram BOT Track “Scenic and Unique”

Surpassing Unibot, soon to be released, a glimpse of the TG BOT dark horse Banana Gun’s token economy and sniper opening strategy

According to the latest data from Dune, Banana Gun’s daily active user count has far surpassed Unibot and is approaching Maestro.

Why are Telegram bots “scenic and unique” in a bear market? Analysis from core functions, token utility, and other perspectives

Are various bot projects just a flash in the pan, or will they evolve into a new track for another outbreak in the future? This article will summarize by dissecting three representative projects.

Pegasus Bot: Arbitrum-based, AI-driven Telegram trading bot

Pegasus is a cryptocurrency project based on Arbitrum that aims to provide automated solutions for quick-reacting traders. It allows placing buy and sell orders on-chain when influential tweets about the target tokens appear on Twitter.

Macro Perspective

KOL’s account: I made $10 million at the age of 22 after understanding the essence of cryptocurrency speculation

Success in wealth is not accidental. Persistence, intelligence, execution, and keeping up with trends. We can gain many insights from Vida’s journey to accumulate wealth.

“Old-timers” who left the crypto circle: Some got married and had children, some started businesses again

In the crypto world, people come and go. Have you ever wondered where those who left the crypto circle went?

Cryptocurrency Wealth Report reveals: Over 88,000 crypto millionaires worldwide, half made their fortunes from Bitcoin

The “Cryptocurrency Wealth Report” indicates that there are over 88,000 crypto millionaires worldwide, with nearly half of them holding Bitcoin. The report also compares the best countries/regions for permanent residency for crypto investors from the perspectives of crypto adoption, taxation, and infrastructure.

BlackRock report: Where does the value of ETH come from? How to evaluate it?

Why do investors buy and hold ETH instead of just using it to interact with the Ethereum network? This article will delve into this question, including some technical aspects related to various investment themes.

Low liquidity, continued pessimism, will Bitcoin drop to $23,000 next?

Some industry analysts believe that under the cloud of low trading volume and liquidity, Bitcoin may pull back to $23,000.

Seize the Opportunity

Quick Look at 18 Projects Funded by Ethereum Foundation’s “Account Abstraction” Grant Round

Each team’s project is uniquely aligned with the goals funded by the ERC-4337 AA, and we believe that the results of these efforts will impact the entire ecosystem, inspiring new ideas and collaboration opportunities.

Secondary Market Observation: Livepeer (LPT) Price Resumes, Can it Break the Previous High?

Even in the recent market downturn, LPT has performed exceptionally well in the secondary market. This article will provide an in-depth understanding of this decentralized video streaming network.

Selecting the Best: A Review of the First Batch of Investment Projects by Base Ecological Fund

6 projects stood out from over 800 applications, mostly in the financial applications or infrastructure sector.

Friend.tech in Decline, Tip Coin on the Rise

How can users participate? Can “standing on the shoulders of Web2 giants” Tip Coin survive in the competitive social field? This article will briefly analyze Tip Coin’s current marketing strategy and explore the challenges it faces.

Web3 Highlights

Stake.com Recovers Withdrawal of Over $40 Million in a Few Hours, What Makes it So Strong?

How was Stake.com able to fully recover the stolen funds in such a short period? What is the true revenue situation of this leading blockchain gambling platform?

MetaMask Wallet Bridges Fiat Trading, but Various Fees Add Up to 9% Total Cost

As one of the most widely used applications in the crypto market, MetaMask’s every move is closely watched by the market. Compared to other wallets continuously improving products and user experience, the journey of the little fox of rolling might have just begun.

Legal Battle Between Two Co-founders of Gala Games Involving Over $700 Million Worth of GALA Tokens

The two co-founders of Gala Games have filed lawsuits against each other, accusing each other of “dumping tokens” and “misusing funds”, with the value of the $GALA assets involved reaching as high as $730 million.

Did the Investment Institution Rug? Nima Capital Sells Tokens to Buy Luxury Mansions, Previously Invested in These 16 Projects

Nima Capital entered the vision of the domestic crypto community for the first time, but unexpectedly in the form of suspected rug running.

Ethereum’s Decentralization Challenge: Lido Under Fire for “Monopoly”

The Ethereum community has expressed concerns and criticism about Lido’s growing influence in the liquid staking market, fearing that future Lido users may manipulate the entire on-chain mechanism.

MakerDAO Chooses Solana as an Application Chain? It’s Too Early to Draw a Conclusion, It Will Take at Least 3 Years to Implement

Maker wants to become an independent application chain that can recover through hard forks in extreme cases. Solana is a better choice, but NewChain is in the last stage of Endgame, with many uncertainties in the future.

Supported by a16z and Tiger Global, which projects did Volt Capital, which wants to do reverse investment, invest in?

Volt Capital’s two funds have received support from well-known investors such as a16z general partners Marc Andreessen and Chris Dixon. Currently, they have invested in more than 30 early-stage crypto projects, including Nansen, LayerZero, and Magic.

“Southeast Asian Didi” Grab launches a Web3 wallet: based on the Polygon blockchain, capable of storing and transferring NFTs

Following Starbucks and Reddit, another traditional company Grab is trying out Web3 business based on the Polygon blockchain.

Technical Style

Vitalik’s latest paper summary: How do Privacy Pools solve the “impossible triangle” of “privacy, decentralization, and compliance”?

This article provides an interpretation and summary of Vitalik’s latest paper, attempting to explain the core points of the paper in plain language, which can help more people understand the important topic of privacy and compliance, as well as its technical path and possible solutions.

Messari: Breaking down modular blockchains, understanding various functional layers

In order to address the limitations of traditional holistic architectures, including slow innovation speed, scalability limitations, and lack of development flexibility at the application layer, modular blockchains have emerged, dividing the blockchain into different interchangeable components.

Sui Lutris Report Digest: Core distributed system protocols of the Sui public chain

Sui is a blockchain that manages a large amount of value for its users, and Sui Lutri is the foundation of Sui.

Flashbots Research Report: A beam of light from MEV, breaking the dark Ethereum night sky

In this issue, WJB Research takes you to learn about Flashbots, the leading project in the MEV field with the strongest financing throughout the year. Flashbots is a research and development organization aimed at mitigating the negative impact of Maximal Extractable Value (MEV) on blockchains, especially Ethereum.

Key News

Weibo releases an announcement regarding the prevention and disposal of speculation in virtual currency trading, closing 80 related accounts

Warning: Please update your Apple devices as soon as possible, as zero-click vulnerabilities and zero-day vulnerabilities BLASTLianGuaiSS have been actively exploited

Tether CTO: Tether holds $72.5 billion worth of US Treasury bonds, ranking 22nd globally

Binance releases CYBER earning event solution: affected users will receive a total subsidy worth 1 million USDT

Elon Musk’s biography may confirm that he has been secretly funding the development of Dogecoin

JPMorgan lowers its estimated cost of Bitcoin mining from $21,000 to $18,000

Arbitrum community initiates the “Short-term Incentive Program” proposal, planning to distribute 75 million ARB rewards to ecosystem protocols.

People’s Court Daily: Virtual currency is still legally recognized property, suggesting that the seized assets in related cases should not be uniformly confiscated or returned.

TIME magazine releases the first-ever “TIME100 AI” list of the most influential figures in artificial intelligence: Chinese Academy of Sciences academician Zeng Yi, Elon Musk, Sam Altman, and others are selected.

The founder of Thodex, a collapsed cryptocurrency exchange in Turkey, has been sentenced to 11,196 years in prison.

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