The Blast project completed the $Blast token airdrop on June 26, as an emerging force in the Layer 2 ecosystem, aiming to enhance capital returns. The project is based on Optimistic Rollups, providing fixed returns in ETH and stablecoins, with a strong market response and a TVL reaching $1.6 billion. Blast's ecosystem is diversified, covering DeFi, SocialFi, and still has potential for the future but faces systemic risks.

The Singapore police have cracked the largest money laundering case in history, involving an amount of 12.8 billion yuan, revealing a huge network of gambling and fraud empires. Ten suspects were arrested, and a large amount of assets was seized, highlighting the deficiencies in AML and visa checks, which has sparked public outrage. The case underscores the complexity of criminal networks in the era of globalization and the challenges faced by countries in combating them.

New Breakthrough of Ed25519 in the MPC Field: Providing a More Secure Signature Scheme for DApps and Wallets
In recent years, Ed25519 has become an important component of the Web3 ecosystem. Although popular blockchains like Solana, Near, and Aptos have widely adopted this efficient and high-security algorithm, true MPC (Multi-Party Computation) solutions have yet to be fully popularized on these platforms.
This situation means that even as encryption technology continues to advance, wallets using Ed25519 typically lack multi-party security mechanisms to eliminate the risks associated with a single private key. Ed25519 wallets without MPC support still have the same core security vulnerabilities as traditional wallets, indicating there is still significant room for improvement in protecting digital assets.
Recently, a project in the Solana ecosystem launched a product called Ape

The SIMD 0228 proposal did not pass, but the intense discussions and high participation it sparked are seen as a victory for Solana's decentralization governance, demonstrating the ecosystem's execution capability and openness, setting a benchmark for blockchain governance.

Recently, we have received a large number of inquiries regarding the RWA project, involving a wide variety of underlying asset types, including agricultural products, real estate, precious metals, and even some purely conceptual projects.
In the current regulatory environment, apart from RWA projects that are strictly reviewed and issued under regulation through the Hong Kong Ensemble sandbox, other types of RWA carry higher risks, especially those aimed at residents of mainland China.
This article aims to clarify which mainland assets can be used in the Hong Kong sandbox and which cannot, in order to help relevant parties conduct business more efficiently.
01 Basic Restrictions and Judgment Criteria for Mainland Assets as RWA
First of all, assets located in mainland China and primarily operated for mainland residents can be used for RWA, and this has been confirmed by previous successful cases.
However, there are indeed some restrictions on the issuance of RWA in the Hong Kong sandbox for mainland assets. Based on practical experience, the following three categories

The BitVM bridge has successfully executed on the Bitcoin Mainnet, demonstrating its ability to handle non-standard transactions. The demonstration included scenarios with honest and malicious brokers, verifying the system's security and fund protection mechanisms. This breakthrough lays the foundation for the development of Decentralized Finance applications and marks an important advancement in Bitcoin technology.

The total supply of Bitcoin has always been a focal point of debate. Some believe that the cap of 21 million coins is an advantage of Bitcoin, as it can prevent inflation; others argue that it is a fatal flaw that could lead to deflation. So, is this supply cap a shortcoming or an advantage of Bitcoin?
In fact, the total amount of Bitcoin is not 21 million coins, but 21 trillion smallest units. The creator of Bitcoin initially limited the total amount to 21 million coins, and the mining difficulty doubles after each halving, with the last coin expected to be mined by the year 2140. This design reflects extraordinary foresight.
However, this total supply limit has become a main reason for some critics to attack Bitcoin. They argue that considering the global GDP reached $74 trillion in 2017 and the M2 supply of dollars approached $14 trillion, using 21 million Bitcoins as a mainstream currency could lead to severe global Deflation.

Recently, the Luna big dump incident has brought a huge impact to the crypto assets market, with many alts falling over 30%. Although mainstream tokens have also been affected, the decline is relatively smaller. This event has also served to purify the market to some extent, making investors more cautious.
For ordinary investors, this event is undoubtedly a warning: do not bet all your funds on a single coin. A wise approach is to allocate at least 50% of your funds to Mainstream Tokens such as Bitcoin and Ethereum.
For investing in Mainstream Token, a dollar-cost averaging strategy is undoubtedly a good choice. Unlike traditional trading of coins, dollar-cost averaging does not consider the price fluctuations but invests a fixed amount at regular intervals. This method is suitable for investors who are not skilled in technical analysis or wish to hold for the long term.
The crypto assets market is highly volatile, making short-term predictions very difficult. Looking back at the market in 2020, the price of Bitcoin was over $10,000 at the beginning of the year, and in March it fell to $300.

Challenges and Opportunities in the Crypto Assets Infrastructure Sector
Current market conditions
The Crypto Assets infrastructure sector is experiencing significant market weakness. After years of rapid growth, the valuations of infrastructure projects are shrinking, and investors are becoming more cautious. This reflects the gradual maturity of the market, where high valuations can no longer be achieved solely through technological innovation.
Innovation Dilemma
Currently, infrastructure projects face a critical issue: most provide similar functionalities with low differentiation. Despite technological advancements, there have yet to be breakthrough use cases that support entirely new categories of applications. The ecosystem struggles to provide sufficient value propositions for mature internet platforms to migrate onto the blockchain. Aside from decentralization, these platforms have little incentive to radically change their existing operational models. This fundamental adoption gap has led to trading and speculation becoming the dominant applications for most layers of infrastructure, limiting the transformative potential in this field.
Base