The combination of human rule and mechanism makes the second stage of L2 more anti-fragile.

An obvious problem in the industry right now is the overheating of "Memecoins". Too much money is pouring into these Memecoins in the market. In the short term, 99.999% of Memecoins will eventually fail.

Daily market key data review and trend analysis, produced by PANews.

On May 7, 2025, New Hampshire became the first state in the United States to include Bitcoin in its strategic reserves, with Governor Kelly Ayotte signing the HB302 Act. The bill allows the state treasury to invest up to 5% of public funds in digital assets and precious metals with a market value of more than $500 billion.

Today, the market structure tends to be stable, with giants such as Binance and OKX occupying the majority of trading volume, and the trend of the strong getting stronger seems to be a foregone conclusion. However, in this seemingly solidified pattern, Gate.io has taken a different path to break through - entering the marginal market, deepening global development with compliance, and building an ecosystem with innovation.

The cryptocurrency infrastructure space is experiencing significant market fatigue.

As China cut its reserve requirement ratio and interest rates and confirmed trade talks with the United States, risk appetite has been boosted. Asian stock markets rose, and futures prices of iron ore and steel rose. Risk aversion has subsided, expectations of a rate cut by the Federal Reserve this week have further weakened, the dollar has strengthened, and gold has fallen sharply during the Asian session.

In the seemingly lively "exchange subsidy war", the more points you earn and the higher the threshold, the more ordinary users become like background members.

Recently, Clanker founder and CEO Jack Dishman announced that the project developer Proxystudio has decided to resign immediately because Proxystudio was exposed for a "criminal record" - when working on the well-known DeFi project Velodrome Finance, it stole about $350,000 worth of funds from the team's wallet. Although he later returned the funds, the incident still brought far-reaching negative impacts.

A wallet suspected to be associated with Jeffy Yu sold off ZEREBRO and transferred more than one million US dollars to the developer's address; the People's Bank of China announced an interest rate cut and reserve requirement ratio cut; the founder of the Zerebro project admitted to faking his death and exiting, the first "faked death and exit" incident in the crypto circle.

Tari is a high-reliability mining Layer 1 that integrates native Layer 2 scalability and fast finality, while being based on Rust proof-of-work.

This article will interpret the core content of the "2024 Cryptocurrency Fraud Report" to help readers quickly grasp trend changes and improve their understanding and prevention capabilities of complex network security threats.

With voices of opposition rising one after another, will the new encryption policy be "difficult to deliver"?