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Author | @tmel0211 Editor | Wublockchain Original link： https://x.com/tmel0211/status/1777871689092923636 After spending three days at the Hong Kong Web3 Conference, I have many thoughts that words cannot fully express. I’ll take this fragmented time to share my impressions briefly: 1) From the lively atmosphere of the conference, it’s clear that the market is in the early stages of a bull market. The strong participation enthusiasm is palpable, but not too FOMO-driven yet. Despite the continuous turbulence in the secondary market during this period and the delayed expectations of the Fed’s rate cuts, the uncertainty in the bull market has increased. However, the participation enthusiasm of the primary market builders is quite certain, which is also the basis for this round of bull market being firm, enduring, and magnificent. 2) The main venue, sub-venues, themed sharing and panels, as well as the surrounding community-led activities, showed a decentralized, specialized, and community...

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Amid the deluge of new crypto project s and fluctuation of crypto prices, Bitcoin (BTC) is trading at around $41,000 while FTT is being tracked. Amid this, investors are considering BorroeFinance (ROE), an AI-focused project . FTT rising FTT, the native token of FTX, a defunct crypto exchange.  Investors are increasingly exploring FTT as the excitement around FTX’s relaunch proposals pushes the token higher. BorroeFinance is AI-powered BorroeFinance aims to establish itself as a pioneer in web3. At the heart of the protocol is its AI-driven funding model, which empowers businesses to unlock immediate cash flow by converting future invoices into non-fungible tokens (NFTs). BorroeFinance transforms upcoming bills into discounted NFT assets, creating a marketplace where revenue-seeking businesses connect with eager f...

The Belgian government has announced plans to expedite the development of a European blockchain infrastructure during its EU Council presidency in early 2024. The proposal aims to enhance the secure management and storage of official documents, including driving licenses and property deeds. In a statement on Nov. 21, Mathieu Michel, Belgium’s Secretary of State for Digitization, highlighted that the creation of a public blockchain for a pan-European infrastructure is one of the four main objectives for Belgium’s forthcoming presidency. The other three priorities focus on artificial intelligence (AI), enhancing online anonymity, and developing skills crucial for the digital economy. You might also like: EU embraces blockchain, launches official platform to transform data management The proposal involves a strategic overhaul of the European Blockchain Services Infrastructure (EBSI), initially established in 2018. The project, in collaboration with the European ...

This new project frees decentralized finance of its weak points, unlocking the liquidity of Bitcoin for DeFi projects. Bitcoin (BTC), the original cryptocurrency with the largest market cap, continues to lead the crypto market — to both the green and red. Even though the crypto space gave birth to quite a few projects, the rest of the herd is no match for the brainchild of Satoshi Nakamoto for financial transactions. The unique unspent transaction output (UTXO) model used for the Bitcoin blockchain enables BTC to act much like a paper currency, resulting in superior security and robustness as a peer-to-peer currency. Especially compared to the bank-account-like model that Ethereum-based DeFi solutions typically adopt. As the pioneering cryptocurrency, Bitcoin presents massive liquidity, but Ethereum-based DeFi solutions have yet to develop a secure and effective way to tap into that. DeFi already met Bitcoin, but there was a catch With the introduction of the Taproot upgrade, which en...

Gridless Compute, a hydro-powered Bitcoin mining initiative, tweeted that the project has successfully powered a rural community and lowered its existing energy rates. A hydro-powered crypto mining project based in Africa released an update on its efforts to bring energy developments to rural communities via Bitcoin (BTC). On Dec. 9, Gridless Compute tweeted photos and commentary on how their hydro- power BTC mining rigs are power ing an entire rural settlement while also lowering Energy rates for 2,000 people, the equivalent to 500 families. According to the tweet, costs decrease from $10 per month to $4. All of this while securing BTC’s underlying blockchain network.  Powering a rural Kenya village and securing the #Bitcoin network with excess hydropower, all while lowering rates to 2000 people (500 families, ~$10/month to $4). @GridlessCompute pic.twitter.com/9GUlAU6265 — jack (@jack) December 9, 2022 Earlier this week, the project also shared results of a successful $...

1. ETH’s weekly summary a. Ethereum client teams test staking withdrawals on devnet link Ethereum developers launched a developer network on November 23 to test validator staking and withdrawals. Ethereum developer Marius Van Der Wijden said devnet will help Ethereum open verifier staking and withdrawals next year and the upgradation named Shanghai. b. Ethereum core developers discuss EIP-4844. link OP Labs CEO Liam Horne tweeted that Ethereum core devs have a call coming up this Thursday to discuss getting EIP-4844 to be considered for inclusion (CFI). As previously reported, Ethereum founder Vitalik Buterin tweeted about Proto-danksharding (IP-4844), which addresses data verification scenarios for EVM-incompatible blob carry transactions. He suggested automatically deleting blob data after 30 days to reduce network data and memory needs. c. Ethereum devs agree on future upgrade content. link Ethereum developers considered eight Ethereum Improvement Proposals (EIP) for the “Shangha...