Ethereum Mainnet 10th Anniversary: From Genesis to the Evolution of a Decentralized Community

Looking back at the ten-year development journey of Ethereum, we have witnessed a significant transformation from the original founding team to the thriving decentralized community of today. This process embodies the wisdom and hard work of many idealists and technical elites.

Ten years ago, Ethereum ignited people's imagination of a decentralized future with a white paper. Today, it remains at the core of the crypto world, but it is no longer the only stage. What truly brings Ethereum to billions of users is not just its technological capabilities, but the real-world applications that choose to utilize it.

Looking back at the ten-year journey of Ethereum, we see that it has overcome countless obstacles and is moving towards a broader future. The Ethereum Foundation is dedicated to building a "Lean Ethereum," striving for ultimate performance while adhering to the bottom line of security and decentralization. This will define the development direction of Ethereum for the next decade.

The story of Ethereum is far from over; it is writing a legend about the continuous evolution of a decentralized world computer. From the initial concept to today's global ecosystem, Ethereum demonstrates the immense potential of blockchain technology to change the world. In the future, it will continue to inspire innovation and drive the entire industry forward.

Interpretation of Hong Kong's New Stablecoin Policy: Leaving Room for Innovative Development

Recently, the Hong Kong Monetary Authority released a series of regulatory documents supporting the "Stablecoin Regulations," providing a clear application pathway and compliance standards for the stablecoin market. These policies not only strengthen risk prevention but also leave room for policy space for the innovative development of stablecoins.

The main content of the new policy includes:

1. The first batch of licenses is expected to be issued early next year.
2. Holders are required to complete identity verification.
3. Provide clear compliance guidance for applicants

This series of measures demonstrates Hong Kong's efforts to seek a balance between developing financial innovation and maintaining financial stability. By establishing a regulated supervisory framework, Hong Kong aims to attract more stablecoin projects while ensuring market safety and stability.

Since the passage of the stablecoin draft in Hong Kong, the market response has been positive, and the enthusiasm in the Hong Kong stock market for stablecoin-related concepts is unprecedented. This indicates that investors are confident in the prospect of Hong Kong becoming the Web3 hub in the Asia-Pacific region.

Industry insiders believe that Hong Kong is expected to surpass Singapore and become a Web3 hub in Asia and even globally. Hong Kong's unique policy environment and financial infrastructure provide favorable conditions for its development in the Web3 field.

As the stablecoin regulations are about to take effect, the Hong Kong financial market is undergoing profound changes. This will not only bring new development opportunities to Hong Kong but may also reshape the digital financial landscape in the Asia-Pacific region.

U.S. Crypto ETF Regulatory Breakthrough: May Launch Within 60 Days

The U.S. Securities and Exchange Commission ( SEC ) recently made an important decision regarding crypto ETFs, bringing new development opportunities to this market. Major progress includes:

1. The SEC officially allows cryptocurrency ETFs to use physical subscription and redemption mechanisms, which will significantly enhance trading efficiency and market liquidity.

2. The general encryption ETP listing standards are expected to be released soon, paving a fast track for crypto assets to enter the ETF market.

3. The market expects that the first batch of cryptocurrency ETFs may be approved for listing within 60 days, which will provide investors with more diversified options for crypto asset allocation.

These policy changes reflect that regulators' attitudes towards the cryptocurrency asset market are gradually becoming more open. With the improvement of the regulatory framework, cryptocurrency ETFs are expected to attract more institutional investors into the market, promoting the standardized development of the entire industry.

However, in an environment where opportunities and challenges coexist, it still takes time to verify which projects will ultimately stand out as winners. Investors and market participants should closely monitor subsequent policy trends and market reactions, carefully assessing the potential of each project.

The Integration of AI and the Cryptocurrency Market: New Models and New Opportunities

With the rapid development of artificial intelligence technology, the integration of AI and the cryptocurrency market is creating new business models and investment opportunities.

The commercialization "gas station" xTAO Technologies of the Bittensor ecosystem has been listed on the Canadian Securities Exchange. The company is dedicated to operating verification nodes, connecting model services for enterprises, and assisting in deploying miner nodes, converting on-chain TAO value into actual revenue.

In the field of prediction markets, AI is empowering traditional platforms. Platforms like Kalshi are utilizing AI technologies such as Grok to provide smarter prediction and trading services for Wall Street traders.

The financing model in the Web3 AI field is also rapidly evolving. From the initial fair launch to the current "attention capital market" model, investor expectations for projects are continually rising. Some projects, like Spheron, have even adopted an innovative model of "issuing tokens only after revenue targets are met," setting new standards for the AI infrastructure sector.

In the DeFi space, projects like Wayfinder are exploring the use of AI agents to drive mass adoption. This approach is expected to enable the advantages of DeFi to benefit a wider user base.

Overall, the combination of AI and cryptocurrency is reshaping the industry landscape, creating unprecedented opportunities. However, this field is still in its early stages, and investors need to remain cautious, closely monitoring changes in technological advancements and regulatory attitudes.