MEV (maximal extractable value) has evolved into a complex profit harvesting mechanism, where sandwich attacks serve as a primary means of achieving arbitrage, posing systemic challenges to the DeFi ecosystem. Users and the ecosystem must adopt technological improvements and preventative strategies to protect assets and market fairness.

StarkWare is a leading company in the zk rollups field, focusing on Ethereum scaling solutions based on STARK technology. Its main products, StarkEx and StarkNet, provide specific and general Layer-2 scalability, supporting smart contracts through the Cairo language, and promoting the development of decentralized applications. StarkNet also plans to issue 10 billion native tokens for ecosystem development and user management, highlighting its important role in blockchain technology innovation.

Last week, there were 14 investment and financing events in the global blockchain industry, with a total scale exceeding $286 million, primarily concentrated in areas such as DeFi, DePIN, and Web3+AI. Notable financing events include the seed round financing of Resolv and Neutrl, as well as the $153 million Series C financing of Bitcoin mining rig manufacturer Auradine.

Bitcoin Hits New High: Value Investment and Asymmetric Opportunities
The price of Bitcoin has surpassed the $110,000 mark, sparking heated discussions in the market. For investors who missed the opportunity to enter at $76,000, this moment may be filled with self-questioning: Have they missed another good opportunity? Will there be more chances in the future?
This raises a key question: is there a possibility of "value investing" in an asset as volatile as Bitcoin? Can this seemingly contradictory strategy capture "asymmetric" opportunities amidst turmoil?
Asymmetric opportunities of Bitcoin
Looking back in history, Bitcoin has experienced multiple crashes of 80% or even 90% from its peak.
- In 2011: fell from $33 to $2, a decline of 94%
- From 2013 to 2015: fell from $1160 to $150, a decrease of 86%
- 2017-2018: Dropped from nearly $20,000 to $3,200, a decrease of 83%
- 202

Ethereum in Ten Years: The Narrative Transformation from World Computer to Financial Settlement Layer
On July 30, 2015, at 3:26 PM, the first block of Ethereum was born. This was followed by an ambitious vision - the "world computer". Vitalik and the early developers believed they were building a global computing platform capable of running any decentralized application.
Today, ten years later, it coincides with the tenth anniversary of the Ethereum mainnet operation.
Looking back at the development of Ethereum, we find that this "world computer" has not operated various decentralized applications as expected; instead, it has evolved into a settlement layer dominated by financial applications. DeFi protocols account for the vast majority of Gas consumption, with trillions of dollars in assets circulating on the network, while those decentralized applications in social networking, gaming, storage, and others that were once highly anticipated have either vanished or migrated to other chains.
This narrative shift

Can the Line ecosystem become a new Web3 engine?
Introduction
Line, as a popular communication software in Asia, announced this year that it will merge its mainnet with the Korean public blockchain Klaytn. This strategic move indicates that Line will actively expand its presence in the Web3 space. Looking back at the rise of the Telegram ecosystem, it successfully attracted a large number of Web3 projects and users through a strong user base and mini-program platform, becoming a bridge for the transition from Web2 to Web3. Now, Line also possesses similar development conditions and is expected to spawn new Web3 phenomenon-level projects in the Asian market, injecting new vitality into the field.
This merger will bring technological innovation and changes in governance structure, issue a new unified token, and build an integrated network across Ethereum and Cosmos. This collaboration not only accelerates the development of Web3 technology but also signifies the emergence of Asian tech giants in the blockchain space.

A PhD student from the University of Hong Kong shared his entrepreneurial and investment experience over the past twenty years and discussed the development of the Hong Kong encryption financial market. His new investment company focuses on AI applications, showcasing a long-term investment strategy, believing that Hong Kong has unique advantages in the encryption field, particularly in terms of policy and market environment.

From on-chain data to trading strategies: Insights from a seasoned trader's experience
The Road of Trading: Transformation from Exchange to On-Chain Strategy
In 2017, Sa Bi Ge entered the cryptocurrency field and worked in the listing department of a certain exchange in mainland China, focusing on on-chain data analysis and project due diligence. This experience laid a solid foundation for his deep industry knowledge and data analysis skills.
In 2022, he left the exchange to start his own business. Initially focusing on NFT project development, he quickly observed the rise of Memecoin trading and adjusted his direction, concentrating his strategy on on-chain trading and data-driven investment decisions. He and his team developed various analytical tools and trading bots to monitor on-chain address movements and generate trading signals.
The trading strategy of Sabi Ge is characterized by its distinct features: it does not focus on narrative valuation, but instead concentrates on on-chain monitoring and strict take-profit and stop-loss rules. He emphasizes that by setting clear take-profit and stop-loss strategies, trading can be liberated.

This article discusses REV (Real Economic Value) and its application in public chain valuation, emphasizing that REV should not be used in isolation, but in conjunction with FDV (Fully Diluted Valuation) to form the F/R multiple, in order to assess the relationship between market expectations and actual revenue. At the same time, it discusses the differences between REV and MEV, pointing out the need to view different indicators dialectically to form a comprehensive public chain evaluation system.

Challenges and Opportunities in Crypto Assets Infrastructure
The Crypto Assets infrastructure sector is facing challenges of market fatigue and declining valuations. After years of rapid growth, investors have become more cautious about infrastructure projects. This reflects the gradual maturation of the market, where merely relying on technological innovation is no longer sufficient to achieve high valuations.
A major problem with current infrastructure projects is the severe homogeneity and lack of true innovation. Despite advancements in technology, there have yet to be groundbreaking use cases that can support entirely new categories of applications. The crypto ecosystem struggles to provide sufficient value propositions for mature Web2 platforms to migrate onto the blockchain. Aside from decentralization, these platforms have little incentive to fundamentally alter their existing operating models. This fundamental adoption gap has led to trading and speculation becoming the dominant applications for most infrastructure layers, limiting the transformative potential in the field.
Many infrastructure projects focus too much on cutting-edge technological innovations, while neglecting

The author influence rankings and article popularity rankings for April 2025 have been announced, with the top 5 authors selected based on the quality of their posts and reading volume, among which ABC Alpha and Zuo Ye Wei Bo Shan performed outstandingly. Among the top 10 articles in popularity, "With One Dominating, Rivals Surrounding, Is Ethereum Still Viable?" takes the lead. Despite market fluctuations, there is still hope for development in the encryption field.

The Polkadot parachain slot auction has opened a new chapter in blockchain technology, addressing cross-chain interoperability issues. Through the auction mechanism, high-quality projects have the opportunity to acquire resources, promote ecosystem development, attract user participation, and drive the integration of the Polkadot ecosystem with Web3.0, making the future prospects worth looking forward to.

Overview of the GameFi Industry and In-Depth Analysis of Yield Guild Games
The concept of GameFi originated at the end of 2019, with the core feature being "play-to-earn". It transforms traditional game assets into NFTs or tokens through blockchain technology, giving games financial attributes. This allows players to truly own their in-game assets, breaking the monopoly of game companies on data.
Putting game assets on the blockchain benefits both parties: game companies can collect taxes from the secondary market, and players can profit from the game. As user participation increases, game content will continue to enrich, creating a virtuous cycle. However, the playability and sustainability of the economic model of GameFi still have issues.
Although the popularity has declined, GameFi remains the top choice for breaking the mold. The decline in popularity actually helps to refine the user base, prompting project teams to address issues related to gameplay and economic models. In addition, the emergence of DAOs like YGG is currently

The article explores the combination of NFT technology and the mystery box economy, analyzing the successful model of Pop Mart and its implications for NFT development. Physical mystery boxes have concerns regarding the manipulation of scarcity, while NFTs guarantee authenticity and liquidity through the Blockchain. Despite facing technological and market challenges, with future technological advancements, NFTs are expected to become an important component of the digital collectibles market.

Real-world assets ( RWA ) market is rapidly rising, closely linked to Blockchain technology, bringing advantages such as asset segmentation, Liquidity, and transparency. Dusk Network, as a Compliance and privacy-preserving Blockchain platform, is dedicated to the issuance of digital securities, employing zk-SNARKs and privacy protection technologies. Although facing competition and brand recognition issues, Dusk still has unique advantages, looking forward to future development and Mainnet launch.

Radpie is about to launch as the "Convex" of RDNT, attracting DeFi miners through the subDAO model, where users need to hold dLP to earn rewards. At the same time, Radpie has advantages such as cross-chain interoperability and potential ARB airdrops, with participation methods including long-term holding and short-term arbitrage, presenting a good investment outlook.

As a leading project in the RWA field, Ondo Finance is committed to providing investors with tokenized U.S. bond funds and stablecoin products to meet the investment needs for low risk and stable returns. Despite facing challenges from market competition and a limited product line, Ondo stands out in the industry due to its excellent team background and compliance, and is expected to continue to expand its development space in the future.

Analysis of Hacker Attack Methods in the Web3 Field in the First Half of 2022
In the first half of 2022, the Web3 sector experienced multiple significant security incidents, resulting in huge losses. This article will conduct an in-depth analysis of the attack methods commonly used by hackers during this period, in hopes of providing the industry with reference for security prevention.
Vulnerability Exploitation Overview
According to data from a blockchain security monitoring platform, there were 42 major contract vulnerability attack incidents in the first half of 2022, accounting for 53% of all attack methods. These attacks resulted in losses of approximately $644 million.
Among all the exploited vulnerabilities, logical or function design flaws are the most commonly targeted by hackers, followed by validation issues and reentrancy vulnerabilities.
Case Analysis of Major Losses
Wormhole Cross-Chain Bridge Attack Incident
On February 3, 2022, a cross-chain bridge project was attacked, resulting in losses of up to $326 million. The Hacker exploited the project's contract.