Evening must-read | Why did the chairman of the SEC hit the encryption market hard?

1. Will the Malaysian Web3 dance with MLM?

In May, Da Jun, the co-founder of the two-month-old Web3 social application Freeper, took his colleagues to investigate in Malaysia and made a decision to establish an operation team in Malaysia. The operation team will be mainly responsible for product promotion in Malaysia and the surrounding Philippines, Indonesia and other places. click to read

2.Electric Capital: Analysis of the Key Mechanism of Rollup Value Acquisition

There have been several key narratives in the encryption field in the past two years, one of which is the rise of L2. It only took L2 a short time to attract billions of TVL, and the transaction volume on Arbitrum alone is comparable to the mainnet Ethereum.

But one key question remains, are L2 tokens just worthless governance tokens? Or, can these L2 tokens accumulate real value? click to read

3. In-depth analysis of Archway: the value capture chain of Cosmos

CoinList recently communicated with the Archway team and analyzed Archway in depth with 7 questions, such as the real-world problems Archway solves, the difference between Archway and other Layer 1 blockchains, Archway use cases, the practicality of ARCH tokens, and building on Archway Or the trade-off between developing your own application chain, etc. Jinse Finance 0xxz compiled the interview between CoinList and Archway. click to read

4. Inventory of current early LSDFi potential projects

After repeated hype on the LSD track, the market has already had a high degree of understanding and corresponding attention to the track. There is no doubt about the certainty of the future development of the LSD track, but the mainstream targets are facing weaker marginal changes. The high certainty makes the market almost non-existent effective expectation difference and provides trading opportunities with high odds. At this time, due to the continuous expansion of the underlying LST, the interest-bearing asset, the new LSDFi protocol built on this asset will become the α of the entire LSD track. click to read

5. The latest speech by Gary Gensler, Chairman of the SEC: Why do you hit the encryption market hard?

SEC Chairman Gary Gensler delivered a speech at the Piper Sandler Global Exchange and Financial Technology Conference on June 8. He once again emphasized the importance of regulation, from the signing of securities laws to the Howey test, and listed a series of SEC enforcement actions against the encryption market , emphasizing that the encrypted securities market should not be allowed to undermine the good public trust in capital markets. The cryptocurrency market should not be allowed to harm investors. He also noted that regulation is now clear and issuers, broker-dealers and exchanges should know exactly how to comply. It's not a question of insufficient guidelines, exchanges just don't want to do what they're told to do by regulators. click to read

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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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