The Poolz platform recently suffered from an arithmetic overflow attack, resulting in approximately $665,000 in encryption assets being stolen. The attacker exploited a smart contracts vulnerability, creating fake liquidity pools through the CreateMassPools function to illegally withdraw Tokens. Experts recommend updating the Solidity version and introducing security libraries to prevent similar incidents, emphasizing the importance of smart contracts security audits.

As the first global bankruptcy case in the Crypto Assets field, FTX's creditor liquidation has entered a new phase. Victims must complete their claims by signing up for a claims account and registering creditor information, with a deadline of May 15, 2024. Creditors who have already filed with KROLL should note that re-filing will be considered a withdrawal of the original filing and may affect the creditor processing procedure; it is advisable to consult a professional lawyer.

The 3A blockchain game Big Time has officially launched its preseason, attracting a large number of new players. The game combines classic gameplay with a gold mining mechanism, allowing players to obtain the Token BIGTIME through dungeons. With its high quality and innovative economic model, the game has triggered a new wave of gold mining enthusiasm, but it also faces risks of centralization and industry uncertainty.

Major setbacks in the Crypto Assets industry and market reactions
After the most critical week of 2023, the digital asset sector has lost three important supporting institutions in the United States. However, investors seem to prefer Bitcoin and Ethereum as a safe haven.
The speed and impact of developments over the past week are astonishing. In just a few days, three major financial institutions in the United States announced liquidation or were taken over, all of which had provided services to digital asset companies.
A bank announced voluntary liquidation on March 8 and promised to fully refund deposits. The 16th largest bank in the United States was taken over by regulators on March 12, becoming the second largest bank failure in U.S. history. On the same day, another bank in New York also announced its closure.
It is expected that the deposits of these three institutions will be fully refunded through reserves or government guarantees. Due to the business dealings between several large digital asset companies and stablecoin issuers with these banks, it has led to

The cross-chain bridges market will enter an active period in 2024, with cross-chain trading volume significantly rising, primarily driven by large transactions. Ethereum still dominates, while protocols like LayerZero and Across are in fierce competition. The overall market shows prosperity, but user growth is limited, and it will face challenges of integration and innovation in the future.

From V1 to V2: The Cross-Chain Bridges Journey of LayerZero
Cross-chain bridges still play a crucial role in the Web3 ecosystem. Although the enthusiasm for infrastructure projects has waned, this actually provides us with an opportunity to objectively examine the historical evolution and explore some enduring truths.
In 2023, LayerZero rapidly emerged as a star project in the cross-chain field with its unique "ultra-light node" architecture. At that time, its valuation reached 3 billion USD, and the V2 version launched in 2024 brought 30 million on-chain cross-chain transactions, consolidating its industry-leading position.
LayerZero's Omnichain vision has attracted numerous developers and garnered the favor and investment of top institutions such as Sequoia Capital, a16z, and a well-known exchange's lab. However, it has also faced scrutiny due to issues of centralization and security, sparking heated discussions in the industry.

The New Infrastructure Wave: Analyzing the Opportunities and Challenges of the DePIN Track
1. Introduction: What is DePIN
DePIN stands for Decentralized Physical Infrastructure Network, which encourages users to share personal resources to build infrastructure networks through token incentives, including areas such as storage space, communication bandwidth, cloud computing, energy, and more. In simple terms, DePIN crowdsources the infrastructure that was originally provided by centralized companies and distributes it to numerous users around the globe.
According to the data, the current market value of the DePIN sector has reached 5.2 billion USD, surpassing the 5 billion USD of the oracle sector, and is showing a continuous upward trend. Whether it is the earliest Arweave and Filecoin, the Helium of the last bull market, or the recently highly regarded Render Network, all belong to this sector.
The recent reasons for DePIN attracting attention again are mainly three:
1

A certain trading platform has launched an innovative feature that combines centralized and Decentralization trading, allowing users to easily trade on-chain Tokens and enjoy security audits and AI filtering mechanisms. To celebrate the launch, the platform has introduced a points activity to incentivize user participation. This feature drops the participation threshold and enhances the trading experience.

The article introduces the application of adapter signatures in cross-chain atomic swaps between Bitcoin and Layer2 networks, emphasizing their advantages in enhancing security and privacy protection. Compared to traditional Hashed TimeLock Contracts, adapter signatures have lower costs and are more lightweight. The article analyzes issues such as random number security and system heterogeneity, and proposes solutions. Adapter signatures help promote the development of cross-chain asset trading, but attention must be paid to security and compatibility in applications.

The current Primary Market for Crypto Assets is facing multiple challenges such as a lack of technological innovation, a rise in speculative culture, and the outflow of talent, which has weakened its ability to attract external funding. Despite the severe situation, there is still hope and potential for the industry's future.

Four companies signed a memorandum of cooperation aimed at promoting the development of the Web3.0 digital asset ecosystem. The Asian Digital Bank, digital asset trading platform, cybersecurity company, and cloud service provider will leverage their respective professional advantages to jointly explore business opportunities, drive financial innovation, facilitate a smooth transition from Web2 to Web3, and provide users with secure and convenient services.

In 2024, the crypto market will witness breakthroughs around Bitcoin and ETF approvals, significantly enhancing its mainstream adoption, while Ethereum's performance remains mediocre and Solana rises. Looking ahead to 2025, institutions hold an optimistic view on the crypto market, with expectations for substantial pumps in Bitcoin and Ethereum, and a revival anticipated in areas like DeFi and stablecoins.

The crypto market experienced significant fluctuations in August, with market sentiment influenced by the macro environment. The rebound trend of Bitcoin is still ongoing, but Ethereum's performance is relatively weak. The trends of small market capitalization coins are diverging, with some showing signs of bottoming out. It is advisable to remain cautious, follow market developments, and adopt a prudent strategy to tackle future challenges.

The recent RWA project selection conference focused on the tokenization of physical assets and discussed the integration of TradFi and digital assets. Experts emphasized that the real utility of RWA and the credit quality and liquidity of the underlying assets determine investment value. The projects discussed at the conference included money market funds, commodities, debt assets, and future cash flows, demonstrating a strong market demand for high-quality assets that meet compliance requirements and can solve liquidity issues.

Bitcoin has achieved enhancements in privacy and transaction efficiency through Schnorr signatures and Taproot technology, while promoting the maturation of the second layer protocol RGB, opening up new fields for smart contracts. The establishment of the LNP/BP standard lays the foundation for the development of Web3, which will bring diverse applications such as Decentralized Finance and blockchain games, showcasing limitless possibilities.

Solana, as a high-performance Blockchain platform, achieves high throughput through unique technology, facing challenges such as network downtime and transaction failures. Despite the rapid rise of its ecosystem and outstanding performance in multiple fields, continuous innovation is needed to cope with pressure from competitors and to solve technical challenges. The future outlook remains full of opportunities.

Aptos Labs has reached a long-term partnership with a tech giant, aiming to simplify Web3 exploration and promote the integration of AI and Blockchain technology. They will launch the Aptos Assistant chatbot and integrate the native programming language Move to enhance development efficiency. Additionally, both parties will explore blockchain-based Financial Services to promote the development of Blockchain applications.

TEE technology is gradually emerging in Web3 as a key tool to solve the problems of trustlessness, high efficiency, and universality in Blockchain. It enhances security and integrity through hardware-level data isolation, supporting decentralized Block construction, Rollup scaling, and trustless signatures, showcasing great potential and future prospects.

The Sui platform is about to launch five innovative games that integrate Blockchain technology with immersive storytelling, including "E4C: Final Salvation", "Pebble City", "The Walking Dead Lands", "Cosmocadia", and "BRICK POP", heralding a new future for Web3 gaming and bringing players a brand new experience.