1. Will pump.fun ruin Memecoin? Pump.fun, a popular memecoin launch platform among Solana traders, has attracted new criticism this week over concerns that its updated token launch mechanism will make memecoin betting less fun. Click to read

2. 71 L2s have been launched and 82 are about to be launched. Do we need so many L2s?

The current bloated infrastructure and lack of consumer applications of cryptocurrency are increasingly negative, and this sentiment has reached a fever pitch. This is such a familiar topic on social media and podcasts that it has largely become a consensus. Previous cycles saw innovations in smart contract blockchains, ICOs, DeFi, Layer 2, and NFTs, but the new tools of the current cycle are primarily memecoins and increasingly redundant infrastructure.Click to read

3.a16z's three optimal solutions to the core problems of public key cryptography

In public key cryptography, there has always been a problem of how to correctly associate a cryptographic key (such as a public key) with a specific identity (such as a person or organization). The key to this problem is to have an open and consistent way to show the relationship between identity and public key, so that everyone can use these public keys to encrypt information with confidence. Click to read

4. Top encryption VCs support SaharaAI, which has raised $43 million in financing. What is different?

The news that @SaharaLabsAI in the field of AI+Crypto has received a huge amount of $43 million in financing has swept the screen. Indeed, the three major institutional buffs of Binance labs + Polychain + Pantera are enough to make everyone's imagination of AI narrative explode again. How should we view it? Next, I will briefly share my views. Click to read

5. Macro liquidity is about to enter a re-expansion cycle

Overnight, BTC failed to stand firm at the 60,000-dollar line and suddenly retreated to above 58k. "The market sentiment is indeed in a state of extreme panic." According to the observation of the teaching chain, the current situation is that the bulls are silent, the bears are in tears, those who hold the altcoins have cleared their positions, and those who hold BTC are also defending with half of their positions. It seems that there are not many men who hold full positions and even others are afraid of me adding positions. Click to read