This week's hot article: Y Combinator's latest incubation plan has 30 new projects; will HNT return to zero?
Those wonderful articles will not be forgotten because of the passage of time. For the convenience of readers to review and collect high-quality content, track the latest developments of projects, understand market conditions, and study and discuss. Rhythm BlockBeats will regularly summarize high-quality content for readers. If you have any suggestions and opinions, contributions and viewpoints, please contact us through the information at the end of this article.
"The eighth largest stable in the world Why has the currency been unanchored? "
Neutrino broke again, reaching $0.939 on 25th August. As of press time September 4, 2022, Neutrino is trading in the $0.925 range. Neutrino USD (USDN) is currently ranked 9th on Coinmarketcap in terms of stablecoin market capitalization, with a volume of approximately $630 million. It is a regional and global force that cannot be ignored in the stablecoin market. Neutrino, also known as "Russia's Ethereum", mainly supports transactions in the huge Waves ecosystem.
This is not the first time that USDN has unanchored. In 2022 alone, Neutrino has unanchored three times before. In a video connection with CoinDesk on August 5, Sasha Ivanov said that after Neutrino has been reformed according to the above steps, there will be no more broken anchors. So how will the algorithmic stablecoin in the era of involution be stable in the future?
《Interpretation of Binance’s Automatic BUSD Exchange : Join hands to fight against USDT"
On the 5th, Binance officially announced that in order to improve the liquidity and funds of users In terms of efficiency, Binance will automatically convert users' existing USDC, USDP, TUSD Stablecoin balances and new deposits to BUSD at a ratio of 1:1. Wintermute CEO Evgeny Gaevoy believes that most of the news did not correctly reveal the impact of this incident on USDC, and made 4 clarifications.
Self-Study Guide to Web3: 14 Bear market learning advice"
It is too common to get lost in the encrypted world, DeFi researcher The DeFi Edge Summarized 14 learning suggestions on personal social media. If you are not a full-time Web3 practitioner, have a full-time job, or have a family to take care of, it is obviously unrealistic to spend a lot of time doing research. And crypto users generally tend to be younger, what do you compare with the energetic 19-year-olds here? Therefore, it is very important to master effective learning methods.
Since entering the encryption winter, Solana is facing "internal and external troubles" , the former "Ethereum Killer" seems to have lost its glory. In this environment, Solana's NFT series DeGods with the highest market value released their second season NFT y00ts on the morning of the 6th. It took only 2 hours after the release to reach the top of OpenSea's 24-hour leaderboard with 62656 SOL (approximately 2.042 million US dollars). With the release of the good news of Dust Labs’ $7 million financing this morning, this set of combinations has been launched, and the prototype of the “Solana version of Yuga Labs” created under the leadership of founder Frank has emerged.
Ethereum is scheduled to merge on September 13th, it is very Fast ETH holders will receive airdropped ETH PoW Token. What should holders do? Consider the 7 steps in this article to make the most of the merger event dividend. This article is based on the views of CoinGecko co-founder and COO Bobby Ong on his personal social media platform.
《Merged MEV: A new source of income from staking ETH"
Everyone is looking forward to the Ethereum merger event, which is expected in Happens on September 15th. There is a cliché: MEV (Maximum Extractable Value), from sandwich attacks to exploiting NFT sellers. This time, the core of the topic is MEV and Merge, whether there is a future for extractable value in the coming PoS era. In the PoS mechanism, it is the stakers, not the miners, who have the ability to withdraw MEV. While some stakers may be unimpressed, studies have shown that MEV while staking can increase profits by 2-3x.
According to BlockBeats statistics , the total number of financing last week was 16, with a total amount of more than 224 million US dollars, and the average financing amount was 14.94 million US dollars. Among them, the fields of digital asset management/payment and GameFi/Metaverse still account for the majority.
30 New Projects, List of Y Combinator's latest incubation plan S22 projects"
The well-known venture capital company Y Combinator launches two incubation plans every year. Select companies with development potential from global applicants to form Winter Batch and Summer Batch. Selected projects will receive $500,000 in seed funding from YC, entrepreneurial advice, and industry resources. In YC’s latest incubation program Summer 2022 Batch, 240 companies stood out from 19,000 applicants, among which 30 crypto startups were shortlisted, mainly involving DeFi solutions (8) and crypto derivatives. This article summarizes and introduces these 30 projects.
"Helium COO responds to doubts: Will HNT go to zero? "
On August 31, the core developer of the decentralized wireless communication network Helium initiated the HIP 70 proposal, planning Migrating the network from Helium's custom blockchain to Solana aimed at improving Helium's speed, stability, and scale. Frank Mong, Chief Operating Officer of Helium, published an article to interpret HIP70 and answer related questions from the community.
The NFT market has been performing poorly since the beginning of the year, Nansen After analyzing the NFT market trend, it is believed that the price of NFT presents a horizontal trend, and the market supply and demand are equal. The value of community belonging and cultural identity of NFT is higher than practical value. Overall market interest in the sector remains higher than most periods in 2021. From a macro perspective, the market’s overall interest and activity in the NFT field remains unabated.
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