On April 11, Web3 social protocol Towns Protocol completed a $10 million Series B funding round, led by a16z crypto. This round also saw first-time participation from Coinbase Ventures and continued investment from Benchmark. Previously, in February 2023, Towns raised $25.5 million in a Series A round, also led by a16z. In today’s struggling crypto market—where not only has funding for niche sectors nearly vanished, but even popular sectors are seeing significant drops in investment—many venture funds are adopting a conservative approach. So why is a16z still betting on the largely overlooked social sector? What’s new and different about Towns?

In the context of escalating global trade wars and frequent tariffs, cryptocurrencies, with their decentralized, censorship-resistant, and borderless characteristics, are once again demonstrating their potential as a "safe haven in chaos." History and current events show that tariffs often lead to economic recessions and market turbulence, while cryptocurrencies are quietly building a new economic system that is not bound by traditional rules, offering individuals greater sovereignty and choice.

Meanwhile completed a $40 million Series A funding round and launched the world’s first Bitcoin-denominated whole life insurance product. It combines policy collateralization, tax deferral mechanisms, and on-chain transparent claims, directly addressing the pain points of long-term BTC holders. This article provides a full analysis of its product logic, funding background, and industry outlook.

sUSD depegged to $0.8388, highlighting stability challenges during Synthetix's mechanism adjustment phase. This article analyzes the market turbulence triggered by SIP-420, SNX volatility, and potential dip-buying opportunities, while assessing stablecoin risks and possible recovery paths.

This article provides an in-depth analysis of the significant impact of Trump's tariff policy on the Bitcoin mining industry. It first explains the mechanism of how tariffs work, and then reviews the strategies adopted by the Bitcoin mining sector during the U.S.-China trade war—particularly how mining equipment manufacturers sought to avoid tariffs by relocating their production bases.

This article delves into Malaysia's approach to defining, taxing, and regulating cryptocurrencies, offering detailed insights into their legal status, tax collection methods, and the historical and future trajectory of regulatory policies.

Thus far, the only products that have been produced by crypto, and accepted by the rest of the financial system, are stablecoins and Bitcoin. DeFi is yet to take off meaningfully outside of crypto and decouple from trading volumes.

Explore a DeFi-native TGE model that balances capital efficiency with long-term incentives, addressing the structural challenges of high FDV and low circulation, and guiding the evolution of a healthier token market structure.

EIP-2935 brings Ethereum closer to statelessness by storing 8192 past block hashes, enabling efficient execution for lightweight and stateless clients.

Compared to the bell curve distribution that technology adoption usually follows, there is a disproportionately high percentage share of those pioneering crypto AI adoption. This can be attributed to self-selection bias from participants already interested in crypto AI, but may also indicate that crypto AI adoption is still dominated by tech enthusiasts and has yet to gain mainstream traction, even within the crypto industry.

Exploring Trump's tariff strategy and its impact on global markets, power dynamics, and economic manipulation.

Everything you know about Web3 fundraising is probably wrong. The ongoing tug-of-war between infrastructure and consumer-facing projects has become one of the industry’s longest-running narratives. What if everything we thought we knew about venture capital preference was wrong? What if, in fact, consumer projects have had the unequal advantage?

On April 8, local time, the U.S. market experienced a triple whammy of stock, bond, and currency losses. In just two trading days, the 10-year U.S. Treasury yield surged from around 3.9% to 4.5%, and concerns began to grow over the liquidity risks posed by hedge fund basis trades. As we pointed out in "Trump's 'Great Reset': Debt Resolution, From Virtual to Real, and Dollar Depreciation" and "U.S. Treasury Quarterly Report: The Second Liquidity Inflection Point," hedge funds may have accumulated $1-1.5 trillion in U.S. Treasury spot holdings through basis trading. Volatility driven by trade tensions could accelerate the unwinding of these basis trades, leading to a bond market sell-off. U.S. Treasuries are at the heart of dollar liquidity derivation (refer to "Financial Cracks in the New Macro Paradigm"), and bond sell-offs can quickly shrink core collateral for short-term financing, causing liquidity tightening. If the debt ceiling issue is resolved in May or June and U.S. Treasury issuance increases, it cou

The crypto world is constantly changing, and the "stability" of stablecoins often faces numerous challenges. On April 10, the stablecoin sUSD within the Synthetix ecosystem experienced a significant depegging, with the lowest price dropping to $0.834. It is currently priced at $0.860, deviating approximately 14% from its $1 peg. This fluctuation quickly sparked discussions within the community, with many expressing concerns that it could signal the beginning of a new round of stablecoin crises.

Against the backdrop of the new U.S. tariff policies and rising stagflation risks, Grayscale analyzes how Bitcoin demonstrates its safe-haven qualities. With the weakening of the dollar and improvements in macroeconomic policies, Bitcoin could become the next "gold-like" asset of the era.