Evening must-read | Understand EDX Markets with 10 questions about behind-the-scenes funders and other questions

1. Understand EDX Markets with ten questions such as behind-the-scenes funder and compliance or not in the headlines overnight

After discovering that EDX Markets was supported by Citadel Securities, Sequoia, Fidelity, Charles Schwab, Paradigm, GTS, GSR Markets and other top Wall Street financial consortiums, the encryption market reversed the downturn in the past few days in one fell swoop, and the price of Bitcoin once exceeded $29,000. What is the origin of EDX Markets, a new crypto market platform? Why is there such a big impact? Golden Finance reporter cryptonaitive answered 10 questions about what kind of encrypted market EDX Markets is. click to read

2. Vitalik: In-depth understanding of cross-L2 reading - what are the solutions for cross-chain proofs

This article will focus more directly on the technical aspects of a specific subproblem: how to make it easier to read L1 from L2, L2 from L1, or one L2 from another L2. Solving this problem is critical to implementing an asset/keystore separation architecture, but it also has valuable uses in other areas, notably optimizing reliable inter-L2 calls, including transferring assets between L1 and L2, etc. Example. click to read

3. Web3 Kernel: Freedom, Hosting and Utopia

Until 2023, Web3 is still in the early stages of exploration, but the definition is relatively clear, that is, to subvert the data monopoly of traditional Internet giants through the characteristics of the blockchain, but there are still great differences in the development category and form of the industry. At present, the true form of Web3 has not been fully revealed. It may go through many stages and evolution processes. The process leading to a new Internet form is relatively bumpy. The content discussed in this article is based on my subjective perspective based on the current industry status quo. Discuss what exactly Web3 means, and how Web3 should develop. click to read

4. Is it good or bad for Wall Street giants' ETF and EDX to attack cryptocurrencies?

To the surprise of many, traditional finance can attack the encryption industry so quickly. Days after Hsaka’s tweet, the launch of the EDX trading platform was announced. Andrew Parish, co-founder of Arch Public, pointed out that in the past 48 hours, trading companies such as BlackRock, Citadel Securities, Fidelity, Charles Schwab, WisdomTreeFunds and Invesco US have jumped into the encryption field with both feet. And all this comes 7 days after the SEC sued Coinbase and Binance. click to read

5. Read the article: In-depth analysis of the status quo and supervision of global stablecoins in 2023

In recent years, stablecoins have gained a lot of attention due to their ability to combine the advantages of digital currencies and traditional fiat currencies. By maintaining a 1:1 peg to a reserve asset or algorithm, stablecoins bridge the worlds of digital and fiat currencies. In this report, we cover everything from the rise of stablecoins, four major types, market status, application scale, emerging stablecoin models and stablecoin regulations, regulation. click to read

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