PANews Editor's Note: PANews has selected the best content of the week to help you catch up on anything you might have missed over the weekend. Click on the title to read.

AI and Macro Insights

The bizarre South Korean stock market: parents open stock accounts for their babies.

The underlying logic behind the recent surge in the stock markets of South Korea and Taiwan.

IOSG On-Site Observation: Trump Crypto Luncheon and "Young America"

Attending the closed-door, encrypted conference at Trump's Mar-a-Lago resort, from AI agents replacing banks in five years to robots disrupting jobs in 36 months, the collision of radical predictions and resource integration reveals the ambition and anxiety of America's younger generation.

Bear Market Monster Coin Self-Check Manual

Revealing the two scenarios market makers use to manipulate tokens: short squeezes and pump-and-dump schemes. Learn how to use order books and on-chain tools to spot traps in advance and avoid becoming the bagholder.

Bear Market Project Self-Rescue Guide: How to Create Liquidity Using Perpetual Contract Mechanisms

By dismantling the hidden costs of market makers and using a two-way lending protocol to transform perp funding into cash flow for token holders, idle inventory is activated, saving millions of dollars.

Micron MU: The only advanced storage island in the United States, evolving from a cyclical stock to an infrastructure stock.

Micron's leading-edge manufacturing process and HBM's 30% lower energy efficiency compared to competitors have become key to overcoming the bottleneck of AI computing power. This only large-scale memory chip company in the United States is changing the fate of cyclical stocks with its 1-gamma process and long-term orders.

Organizations and celebrities' creative ideas

Coinbase's Q1 results: Nearly $400 million in losses, but trading volume bucks the trend and hits new highs; it is transforming into an exchange for everything.

Coinbase's revenue and profit both fell short of expectations as falling cryptocurrency prices dampened trading activity and investor sentiment.

Wood Sister's Interview with CZ: AI, Stablecoins, Quantum Threat, Crypto and the Future of Finance

The exchange began with CZ's personal experiences and extended to the rise of Binance, regulatory challenges, stablecoin competition, the integration of AI and blockchain, the risks of quantum computing, and his assessment of Bitcoin and the future of global finance.

Selling off Nvidia shares and buying fuel cells: The "physics arbitrage" logic of a 24-year-old genius investor.

A 24-year-old genius manages a $5.5 billion AI hedge fund, liquidating his Nvidia holdings and heavily investing in Bloom Energy and Bitcoin mining companies, betting on energy infrastructure. His investment logic is fully dissected.

a16z Crypto: Behind the $2.2 billion new fund, I see an inevitable future of combining AI and crypto.

a16z announced a $2.2 billion investment to establish its fifth crypto fund, focusing on the integration of AI and crypto technologies, decentralized infrastructure, and applications that can change everyday life.

Interview with a Dragonfly partner: Retail investors are leaving, and institutions are providing support; cryptocurrency volatility is unlikely to surpass that of US stocks this year.

The true product-market fit of crypto is in currency and finance.

Seize the opportunity

Hook narratives create new opportunities for sudden wealth; how to seize the next one?

How did SATO, uPEG, and Slonks make Uniswap V4 hooks so popular?

After SpaceX was listed on exchanges first, the price difference was nearly three times, creating an arbitrage opportunity.

While the traditional capital markets have yet to officially open, the crypto world has already sounded the clarion call for a preview. Recently, several major crypto exchanges have listed SpaceX-related pre-market tokens, generating pre-market buzz and making price discrepancies between platforms a hot topic of discussion.

Strategy's new financial report shows huge losses, but STRC has become a new favorite in DeFi. How did the high interest rate of 11.5% get moved on the blockchain?

Strategy suffered a massive $12.5 billion loss in Q1, but STRC preferred stock has become a new favorite in DeFi. Saturn, Apyx, and Pendle have integrated an 11.5% dividend yield to create an on-chain interest-bearing structure for Bitcoin, but the capital efficiency game hides the risk of a chain of liquidations.

With its market value approaching 40 million, how did Sato create "digital scarcity" using Uniswap v4 Hook?

The Sato token, based on the Bonding Curve mechanism of Uniswap v4 Hook, saw its market value approach $40 million in just four days after its launch. With no pre-mining and no team manipulation, it redefines digital scarcity through an on-chain experiment.

Web3 Matters

A Retrospective on the History of China's Crypto Exchanges: Rise from the Grassroots, Offshore Migration, and Compliance Restructuring

From Shanghai residential buildings to global dominance, a decade of turbulent history for Chinese cryptocurrency exchanges: from its wild beginnings to the battle of three giants, the September 4th regulations, and its reshaping through overseas expansion—a chronicle of the rise and fall of the industry.

From being forced to leave to regaining control, Telegram returns to its TON home turf after six years.

Behind the slogan "Make TON Great Again," Telegram has now grown into a platform with billions of users, and TON has also gained the ability to survive.

Hyperliquid enters the prediction market; can Outcome beat Polymarket?

Despite Hyperliquid's formidable momentum, a gap still exists.

BIO doubled in three days, DeSci blossomed: Can AI Agents revive decentralized science?

BIO token doubled in 3 days, breaking through $0.066. The leader in the DeSci track embraces the new narrative of AI Agent. The Bio Protocol staking flywheel has started. Can it continue its upward trend?

The Secret to Exchanges' Unlimited Money Printing: Annotations on Crypto Spot, Contracts, Options, and Polymarket's Order Book Matching Engine

Why are the matching engines for spot, perpetual, and options trading completely different machines?

Key Information

• April non-farm payrolls fell as expected but were better than anticipated.

• DeepSeek reportedly plans to raise over 50 billion yuan to advance its commercialization and revenue generation strategy.

• Arbitrum DAO approved the release of approximately 30,800 frozen ETH for rsETH recovery efforts.

• The Aptos Foundation and Aptos Labs will invest over $50 million to support ecosystem development.

• The LAB project's associated address transferred 3.66 million tokens, worth $14.07 million, nine hours ago.

• Coinbase executive: The Clarity bill could be considered as early as next week.

• Matrixport's associated wallet sold another 100,000 HYPE tokens, bringing the total number sold to 200,000.

• The ENS team deposited 1.46 million ENS tokens, worth $9.32 million, into Coinbase.

• Nvidia backed IREN's AI expansion with 30 million warrants, sending IREN's stock price up over 25% in after-hours trading.

• The U.S. government deposited approximately $35,000 worth of UNI, CRO, and LINK into Coinbase Prime.

• Block's Q1 performance was "strong" and it raised its full-year earnings forecast, but it recorded a $173 million Bitcoin revaluation loss.

• Coinbase reported a net loss of $394 million in the first quarter, and its CEO is seeking to reduce its reliance on spot cryptocurrency trading.

• AWS, in partnership with Coinbase and Stripe, launched an AI Agent USDC payment solution.

• Metalpha's associated wallet deposited 27,000 ETH into Binance, worth approximately $62.78 million.

• ZachXBT is offering a $10,000 reward for information related to market manipulation by LAB.

• NEAR Protocol is adding support for post-quantum cryptography, enabling accounts to complete key rotation in a single transaction.

• A whale withdrew another 9,288 ETH from Bybit, increasing its total holdings to nearly 27,100 ETH.

• Upbit will list its WIF token on the Korean Won, BTC, and USDT markets.

• US Senator: Crypto Market Structure Legislation to be Considered "Next Week," Possibly Signed into Law Before July 4th

• Paradigm Capital deposited 2,436 ETH, worth $5.75 million, into Coinbase Prime.

• A certain whale/institution received 1.22 million HYPE tokens in the past three weeks, worth approximately US$52.28 million.

• Strategy hinted at a possible sale of Bitcoin to pay its dividend obligations after reporting a Q1 net loss of $12.54 billion.

• The Uniswap DAO proposal reclaimed $42 million worth of UNI delegated tokens; voting concludes this week.

• a16z launches $2.2 billion crypto fund, citing "best-ever" industry fundamentals.

• Coinbase CEO: Decision to lay off approximately 14% of employees

• PayPal's first-quarter revenue reached $8.35 billion, exceeding market expectations.

• Multicoin Capital-related wallets staked 1.96 million HYPE tokens, worth approximately $82.06 million.

• Dan Bin stated that he has already established a position in Circle, and CRCL rose over 16% intraday.

• Pavel Durov: Telegram will replace the TON Foundation as the main driving force of TON.