1. The re-staking track continues to heat up. This article compares the development status of representative projects

On February 6, the TVL of the Ethereum liquidity re-pledge agreement exceeded US$2 billion, of which ether.fi TVL exceeded 7.5 billion, ranking first with a monthly increase of 500%, followed by Puffer Finance and Kelp DAO. The TVL of Renzo and Eigenpie also exceeds US$200 million. The popularity of the previously re-pledged star concept projects EigenLayer and AltLayer has continued to attract traffic to this narrative, which has led to the rapid development of multiple projects of the same type. The upgrade of Ethereum Shanghai last year has led to the rise of the liquidity staking track. After a period of development, the re-staking method has evolved. Click to read

2. Detailed explanation of Ethereum Dencun upgrade details

With the highly anticipated Dencun upgrade , we are on the cusp of a major evolution in the Ethereum blockchain ecosystem. This update marks significant progress that enhances Ethereum’s capabilities by addressing some of the ecosystem’s most pressing challenges, such as unlocking Layer 2 scalability and enhancing security for node operators and validators. Click to read

3.Bankless: What is ERC-404? Why is it important?

In the Ethereum ecosystem we have alternatives for digital cash use cases ERC-20 tokens and non-fungible ERC-721 tokens for digital collectibles use cases.

But what if you could perfectly blend the two here? This convergence is exactly what ERC-404, a new experimental token standard, was created for. In today’s article, let’s take you up to speed on the basics of the ERC-404 standard and Pandora, the first project built using the specification! Click to read

4. Bull or bear? Analysis of Jupiter’s future prospects

Jupiter’s airdrop last week handed over 1 billion JUP Solana DEX aggregator’s earliest users, but should airdrop recipients hold these tokens? In today’s issue, two Bankless analysts take opposing views, building bull and bear case cases for the token’s future performance. Click to read

5. The founding team will give you an in-depth understanding of the Meson network

The Meson community sale is scheduled to be held at UTC It will be conducted on CoinList at 18:00 on February 8, 2024. Meson Network is one of the most popular projects in the decentralized public infrastructure network (DePIN) field. It has always maintained its position as the largest decentralized bandwidth trading market and has the highest number of users and node resources in the industry. In a conversation with the Meson team, we explore the real-world problems they solve, what sets them apart from other decentralized storage providers, how they deal with scalability challenges, their growth strategies, and their thoughts on the best use cases for DePIN. Wider scale. Click to read

6. Sister Mu: Bitcoin is replacing gold

CEO of ARK Invest said,Since the launch of Spot Bitcoin exchange-traded funds (ETFs), investors have begun to switch from gold to Bitcoin (BTC). “Bitcoin has been rising relative to gold. Now that there is a more convenient way to acquire Bitcoin, we think this substitution phenomenon will continue.” Cathie Woods of ARK Invest said Chief Futurist Brett Winton in a Feb. 4 conversation on the company’s YouTube channel. Click to read

7. Understand Mercury Layer: A new Bitcoin 2-layer protocol

Mercury Created by Commerce Block, Layer represents a significant advancement in the Bitcoin Layer 2 scaling ecosystem, focusing on enhancing privacy and efficiency through statechains. Mercury Layer enables off-chain transfer and settlement of Bitcoin UTXOs without sacrificing owner fund custody and security. This 2-layer protocol leverages state chaining and blind co-signature technology to facilitate instant and fee-free transactions, providing a novel approach to Bitcoin’s scalability. Click to read

8.2024 Stablecoin Track Forecast: Growth, Challenges and Opportunities

This week, We will analyze the growing demand for stablecoins in the current cycle and USDT reaching its highest market cap to date. We looked at the overall market cap of all stablecoins across cycles, their respective market values, and finally, we took a deep dive into the ever-expanding universe of revenue-generating stablecoins. Click to read

9. What does the US Department of Energy’s in-depth investigation into BTC mining mean?

The U.S. Department of Energy (DOE) is conducting research on Bitcoin (BTC) mining A more in-depth investigation. Does this cause alarm?

More specifically, the Energy Information Administration (EIA), a division of DOE The statistics agency will conduct a survey over the next six months to review miners' power use in the United States, a move that comes after it issued an "urgent data collection request" next week. Given the wording of the “emergency” order and the current administration’s critical stance on cryptocurrencies, many are concerned that the information collected will be used to develop policies that could have a harmful impact on the mining industry. In its public filing, the Energy Information Administration (EIA) cited the “public harm” that could arise from cryptocurrency mining as the reason for collecting the data. Click to read

10. What’s so special about Jupiter (JUP), the Solana ecological trading aggregator that exchanges are competing for?

On January 31, multiple mainstream exchanges including Binance, OKX, Bitget, etc. announced the launch of Jupiter (JUP), the Solana ecological trading aggregator. Earlier on the same day, what is known as the "largest airdrop in history" JUP was also officially launched, and the project was widely discussed in the market for a while. As a recent hot project, Jupiter's monthly transaction volume will increase approximately tenfold in 2023, from US$650 million in January to US$7.1 billion in December. This year, the daily trading volume of the project has exceeded Uniswap V3 many times, and it has also received US$500 in project financing earlier. Click to read