Weekly Selection | Uniswap Labs' New Fee Policy Sparks Controversy; Fake News Triggers Bitcoin Surge, Breaking Through $30,000 Midday

Editor's Note from PANews: PANews has selected high-quality content from the past week to help everyone catch up and fill in the gaps during the weekend. Click on the titles to read more.

Latest and Hottest Events: The first ETH Hong Kong will be held in Hong Kong from October 22nd to October 24th, with heavyweight guests such as Vitalik Buterin set to appear. As a member of the organizing committee, PANews sincerely invites everyone to participate! 15 conference tickets are available, click here to claim yours

Attached: Conference Guide: Countdown to the Opening of ETH Hong Kong! Overview of the Schedule for Surrounding Activities (Continuously Updated)

Weekly Selection | Uniswap Labs' New Fee Policy Sparks Controversy; Fake News Triggers Bitcoin's Real Surge, Breaking Through $30,000 Midday

Progress of Bitcoin Spot ETF

A "Bloodbath" Caused by Fake News: Cryptocurrency Market Liquidates $190 Million, Bitcoin Spot ETF Unlikely to Be Approved This Year

Due to the early postponement decisions made by the U.S. SEC on multiple Bitcoin ETF applications and the initiation of additional procedures, the approval process will still take several months at least, making it difficult for institutions like BlackRock to obtain SEC approval within the year. In addition, the SEC has also postponed the decision date for ARK and 21Shares' Bitcoin spot ETFs to January next year.

New Progress on Bitcoin Spot ETF: GBTC May Receive a Response from the SEC Within 2 Weeks, Multiple Institutions Update Prospectuses

Whether GBTC can be smoothly converted in a short period still depends on SEC approval, but the approval of Bitcoin spot ETF may only be a matter of time.

Bitcoin Rises Lonely, BlackRock CEO Responds with High Emotional Intelligence: This is a "Retaliatory Rebound" for Interest in Cryptocurrency

After the fake news was debunked, Bitcoin still maintained a certain increase.

New Progress on Bitcoin Spot ETF: GBTC May Receive a Response from the SEC Within 2 Weeks, Multiple Institutions Update Prospectuses

Whether GBTC can be smoothly converted in a short period still depends on SEC approval, but the approval of Bitcoin spot ETF may only be a matter of time.

Macro Perspective

LD Capital Macro Commentary (10.16): Middle East Conflict Erupts, How to View the Current Increase in Geopolitical Risks?

The Middle East conflict has exceeded market expectations, showing an escalating trend. The market has shown a clear risk-averse trend in the second half of last week, leading to repricing. During this period, the U.S. 30-year Treasury bond auction was cold, and yields rose temporarily, but they were unable to withstand the impact of geopolitical conflicts. As a result, the long-end yields fell significantly throughout the week, with stocks falling, and gold, silver, and oil surging, while cryptocurrencies fell.

"Four-Year Halving Cycle" No Longer Effective, Is Bitcoin Being Replaced by a "16-Year Historical Cycle"?

According to the 16-year cycle, we may follow a path similar to the above-mentioned Internet bubble—Bitcoin will peak in the first half of the cycle, so by the end of 2024 at the latest, it will continue to decline for several years, entering 2026 to form a new low.

Inventory of Global Cryptocurrency Regulatory Laws and Key Provisions

Which cryptocurrency laws are in effect globally? This article presents a comprehensive guide to global cryptocurrency regulations.

SEC Withdraws Lawsuit, Ripple Wins Again! A Comprehensive Timeline of the Years-Long Tug of War

The SEC has withdrawn all charges against Ripple CEO Brad Garlinghouse and co-founder Chris Larsen, canceling the trial scheduled for next year. This case is seen as a benchmark dispute between the cryptocurrency industry and the SEC over the definition of securities.

Seizing Opportunities

Farcaster Opens Registration, How Does It Differ from Lens Protocol?

The centralized social protocol Farcaster no longer requires whitelisting for registration. This article interprets Farcaster and Lens Protocol from the perspectives of protocol, project ecology, and community.

Friend.tech's Tomo and New Bitcoin City Imitations Gain Popularity, What Innovations and Optimizations Do They Have?

The TVL of the imitations has each exceeded $1 million, showing a momentum that may surpass Friend.Tech.

Observing New Trends in the Primary Market Infrastructure Race from the Lifecycle of Block Transactions to Rollup-Centric

Overall, the primary market has been relatively dull recently, with the majority of projects being old wine in new bottles. However, judging from the valuations, the heat remains unabated. This article aims to share some personal opinions by combining recent observations of the primary market in the infrastructure race.

One Week After the Launch of Scroll Mainnet, Which DApps Are Users Interacting With?

Although the official channels of Scroll have remained silent in the past week, the Scroll mainnet is eager to go. Let's take a look at the data and see which DApps users are interacting with on the Scroll mainnet.

Web3 Insights

Vitalik Says He Has Never Sold ETH for Personal Gain, We Have Reviewed His Personal and Charitable Organization Wallets

Even if Vitalik Buterin occasionally sells some ETH, it will not have a significant impact on the long-term development of the Ethereum ecosystem.

Uniswap Labs' New Fee Policy: Seeking Sustainable Development, But May Harm UNI and User Interests

Uniswap Labs has introduced a 0.15% interface fee for some token trades, aiming for sustainable operation, but it may also have a negative impact on UNI holders.

The Perils and Opportunities in the Eyes of DeFi "Old Farmers," When Will the Wheel of Fate Begin to Turn

Since the bear market, the TVL and token prices of DeFi projects have plummeted significantly. PANews has invited several industry insiders to share their views and practical operations.

Tokens Plunge Across the Board! Reddit to Shut Down Community Points, Community Aims to Continue Independent Development

Reddit announced that it will terminate its community points program, which has been in operation for nearly three years, by November 8th, citing stringent regulatory environment changes and high operating costs as the reasons behind the decision.

Three Major Seizure Events Make the U.S. Government One of the Bitcoin Whales, How Will the Next Key Move Affect the Market?

The U.S. government has become one of the largest holders of Bitcoin, having sold hundreds of millions of dollars' worth of Bitcoin earlier this year. According to The Wall Street Journal, the government currently holds over 200,000 bitcoins, worth over $5 billion.

The metaverse project ZepetoX has announced the completion of the genesis airdrop of its ZTX token. Backed by the South Korean internet giant Naver's project Zepeto, ZepetoX has launched what kind of gameplay and how far can it go?

Internet Celebrities Issuing Coins, Fans Sharing Dividends, Is the Friend.tech Model Legal?

Recently, platforms like Friend.tech and Time Store have become popular. KOLs issue their own NFTs on the platform, and fans can interact with KOLs after purchasing. Is this kind of model really viable in China? This article provides an introduction and analysis.

[Fresh Off the Press NFT

Listed and Already Cold? Migu's NFT Overseas Debut Fails to Sell Out 2,000 Blind Boxes in 5 Days

Other companies' overseas NFT debuts have been successful, so what's lacking for Migu, backed by China Mobile?

Lawyer's Interpretation of the Legal Nature and Compliance of NFT in Hong Kong

Since the Hong Kong government began implementing Web 3 policies last year, many NFT projects have wanted to develop in Hong Kong. However, many people say that Hong Kong currently has no regulations regarding NFTs, so they believe there is a relatively high risk in legal compliance and licensing.

September NFT Industry Analysis: Bearish Sentiment Still Prevails, Blue-Chip Projects Continue to Decline

In this report, we will delve into the dynamics of blockchain networks, the NFT trading market, and the investment and financing activities in the NFT field.

Understanding Flooring Protocol in 3 Minutes: A Brand New NFT Fragmentation Solution

Flooring Protocol aims to lower the barriers for the general public to enter the NFT ecosystem and increase the liquidity of NFTs through "NFT fragmentation."

Tech Trends

In-Depth Analysis of Taproot Assets Mainnet Alpha Version, Is the Bitcoin Network Entering a New Era?

Lightning Labs has released the Taproot Assets mainnet alpha version, which aims to enable stablecoins and real-world assets to be issued on the Bitcoin and Lightning networks.

BEVM: Bitcoin Layer2 Fully Decentralized and Compatible with EVM

Lightning Labs has released the Taproot Assets mainnet alpha version, which aims to enable stablecoins and real-world assets to be issued on the Bitcoin and Lightning networks.

AI Agents: Middleware for General Large Models and DApps, Redefining the Innovation Path of Web3 Games

This article outlines the development of "general large models, vertical application agents, and generative AI applications" in the Web3 gaming arena. Combined with generative AI technology, it has great potential to launch popular games in the short term.

OP Stack + Zero-Knowledge Proofs = L2 Endgame?

For future Layer2 developers, OP Stack will become a universal Layer2 architecture. Developers can flexibly choose optimistic proofs or zero-knowledge proofs based on the security and efficiency required by the application when launching their own Layer2.

zkLink Research Report: Committed to Building the "Decentralized Binance" Based on ZK-Rollup Technology

In this issue, the World Chain Research takes you to understand zkLink, the leader in multi-chain transaction infrastructure, committed to building the "decentralized Binance."