1. Opinion: Hong Kong should issue Hong Kong dollar stable currency backed by foreign exchange reserves

Hong Kong’s issuance of its own stable currency will not only help consolidate Hong Kong’s leading position in the blockchain, but also promote the progress of the digital Hong Kong dollar, improve transaction efficiency, reduce transaction costs, improve the current payment system, and further strengthen Hong Kong’s financial technology strength. At the same time, the Hong Kong dollar stable currency can improve the efficiency and inclusiveness of Hong Kong's financial system. Its stability, free convertibility, high security, high open source and cross-border liquidity can provide support for a wider range of financial innovation. The launch of the Hong Kong dollar stable currency will undoubtedly inject new impetus into Hong Kong's economy and help enhance Hong Kong's competitiveness in the digital economy era. click to read

2. Quick overview of the key information of Pendle, the latest LSDfI project launched by Binance

On July 3, Binance announced that Pendle was listed on its innovation zone at 18:00, and became the 35th project on Binance Launchpool. Mining began at 8:00 on July 4. The following is a quick overview of Pendle’s key information: Pendle is a permissionless revenue trading protocol where users can implement various revenue management strategies. Yield assets are divided into primary tokens (PT) and yield tokens (YT), allowing users to choose to earn fixed or flexible income on Pendle v2 AMMs. click to read

3. Spartan Labs: 5 projects worth watching at the ETHGlobal Waterloo Hackathon

The well-known encryption VC Spartan Labs said that in addition to projects targeting better user experience requirements in the encryption field, many new trends have also been observed, the most obvious being: 1. ERC-6551: Token binding account; 2. AI-driven projects; 3. ERC-4337: account abstraction. Spartan Labs believes that 5 of the 11 finalist projects of ETHGlobal Waterloo deserve the most attention. click to read

4. Three development directions of Web3 advertising

The Web3 advertising space will be defined by the following three emerging models: On-chain advertising: NFT advertising, NFT referral links, and NFT as ownership of advertising space; Token-managed advertising: Tokens that manage key assets on the platform (i.e. homepage content, storefronts and NFT issuance); hybrid advertising: traditional off-chain advertising that uses on-chain protocols or attribution engines to connect on-chain and off-chain data. click to read

5. Ten major events in the encryption market in the first half of 2023

Halfway through 2023, cryptocurrencies have led the rise in global risk assets. However, the process of rising was not all smooth sailing, during which the currency price fluctuated up and down, which affected people's hearts. What breakthroughs have been made in the industry in the past six months? What experience can we learn from it and find the next outlet? In this issue, we review the top ten events in the encryption market in the first half of 2023 and find the answer. click to read