This article will provide an in-depth analysis of modular blockchains, covering the development history, current market landscape, and future directions.

This article first reviews the recent transfer of WBTC control, then compares various technical solutions in terms of trustlessness, and finally points out that solutions based on Bitcoin's native verification capabilities will be the future direction of development.

Ispolink (ISP) is a blockchain-based cross-chain platform for developers and tech talent recruitment.

Gate Research Daily Report: On August 20, the cryptocurrency market showed strong 24-hour performance, with significant gains in sectors like AI Agents and Masternodes. U.S. Bitcoin ETFs saw a net inflow of $61.98 million, while Ethereum ETFs experienced a net outflow of $13.52 million. Uniswap led in ETH burn volume, though the quarterly burn rate dropped by 72.4%. Bitcoin's hash rate increased, and two major projects secured funding. DOGS and others announced airdrops, Bitcoin and Ethereum prices rose, altcoins rebounded, Grayscale transferred large amounts of BTC and ETH, and the market sentiment index climbed to 30.

Leading liquidity re-staking platform Kelp DAO has introduced its latest product, Gain powered by Kelp. This innovative solution lowers the barriers to participating in various L2 and DeFi projects, offering users enhanced opportunities to capture potential market returns through self-custody, simplified operations, and intelligent management, ultimately helping users maximize their diversified earnings.

The cryptocurrency space is exceptionally active, with memecoins becoming key buzzwords driven by online communities and the latest trends. Dogecoin has consistently led the pack, establishing itself as the top memecoin with its Shiba Inu mascot and its fun, friendly history. This article examines the strengths and weaknesses of emerging memecoins to assess their potential to dethrone the current leader.

The Web3 fantasy game Chibi Clash has made significant progress, successfully launching the Kingdoms meta game supported by generative AI. The game has also joined the Base ecosystem and has seen substantial growth in user participation. The introduction of $CLASH is a key element of the Chibi Clash ecosystem, driving the ecosystem, facilitating transactions, and rewarding achievements, becoming the cornerstone of the kingdom's economic model.

Although the hype around AI is not as strong as it was at the beginning of the year, Bittensor's strong rebound shows the market's confidence in leading projects in this sector. The addition of 12 new subnets in recent months has significantly driven AI development and may foster new innovative projects. While paying attention to the rebound in TAO prices, one should also consider the development and potential of its fundamentals.

Crypto Pulse focuses on the latest developments in the cryptocurrency industry, delivering up-to-date market analysis and insights.

In the cryptocurrency industry, to increase project visibility and attract initial users, project teams often give users a portion of project tokens for free, a practice known as "airdrop." Depending on how the airdrop is acquired, common types include task-based airdrops, content interaction airdrops, holder airdrops, and staking airdrops. Airdrop is a widely used marketing strategy in the cryptocurrency industry, where project teams distribute their tokens to users who meet certain conditions to increase awareness and promote the new token.

This article explores how Russia is overcoming economic blockades by legalizing cryptocurrency mining and promoting cross-border cryptocurrency payments in response to international sanctions.

Ethereum remains the most decentralized smart contract platform, with strong community consensus and effective governance. However, the growth of Layer 2 solutions has become overly dependent on venture capital, raising concerns about the future of decentralization.

As an EU member state, Malta has adopted a proactive regulatory approach in the fields of cryptocurrency and blockchain, becoming a global leader. Its tax system primarily relies on general tax law, treating income from cryptocurrency transactions as capital gains, subject to personal or corporate income tax, but exempt from VAT. Through legal frameworks such as the Virtual Financial Assets Act, Malta comprehensively regulates cryptocurrency activities, requiring service providers to register and adhere to strict standards. Additionally, Malta offers various tax incentives to encourage the development of blockchain and cryptocurrency enterprises. In the future, Malta is expected to continue refining its tax system, finding the best balance between economic development, financial security, and monetary sovereignty, maintaining its leading position in the field of crypto assets.

Saga is a Layer 1 network that enables developers to launch their own dedicated blockchains effortlessly—known as chainlets these blockchains provide scalable and customizable infrastructure for decentralized applications (dApps). By offering infinite horizontal scalability, Saga empowers developers to create chains without the constraints of shared backspace, ensuring optimal performance and security.

Particle Network is a modular L1 built on the Cosmos SDK, designed to serve as a coordination and settlement layer for cross-chain transactions within a high-performance EVM-compatible execution environment. Its ultimate goal is to unify all on-chain users at the account level, facilitating seamless cross-chain interactions through a single balance and account across L1, L2, or L3, and allowing anyone to easily pay gas fees with any token of their choice.