Recommended reading of the week: Multi-chain game ecosystem Treasure research report, will quantum chip Willow subvert blockchain security? Crypto AI startup Fraction AI completes $6 million Pre-Seed round of financing, led by Spartan Group and Symbolic Capital

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Web3Caff
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This issue's cover: Photo by Debby Hudson on Unsplash

The Treasure ecosystem, which has attracted many games such as Calamity, Wanderers, Unchained, and Synergy Land, announced in February 2024 that it plans to build its own Layer2 application chain, and officially launched the mainnet on December 11. So how did Treasure attract so many games to join? Why did it choose to build its own application chain and shift from Arbitrum to the ZKsync technology stack? Under the vision of "Infinity Chains", what is the future development direction of Treasure? The research report of about 10,000 words written by Web3Caff Research researcher Wayne will focus on the above three questions, while presenting the current status of the Treasure ecosystem and deeply analyzing the needs and challenges faced by game projects and public chain development.

The security foundation of Bit technology is built on complex cryptographic problems, and the development of quantum computing may pose a challenge to this foundation. This article will explore in depth how Google's quantum chip "Willow" may affect the security of Bit chains.

For Ethereum and the DeFi field, the ruling on Tornado Cash has epochal significance. This ruling emphasizes the principle of technological neutrality, and this article will explore it in depth for you to read quickly.

After the decentralized trading platform Uniswap announced that its Bit chain Unichain would join the Optimism super-chain ecosystem, in November 2024, Optimism again collaborated with Uniswap to launch the ERC-7802 cross-chain asset standard, and this article will explore it for you.

New progress in cross-chain transaction experience, understand the ERC-7802 standard launched by Optimism
Ethena is a DeFi platform that achieves the stability and application of cryptocurrencies through the synthetic dollar USDe. USDe is a stablecoin aimed at maintaining a stable value against the US dollar, using a complex Delta hedging strategy to reduce volatility. This article will explore this for you.
Ethena (ENA): Is USDe synthetic dollar the future of DeFi?
After Ondo introduced US Treasuries and Huma connected accounts receivable, Ant Technology and Sui have both partnered to capture the "heavyweight" application scenario of ESG compliance requirements with longer launch cycles. This article will discuss this for you, with a quick read.
How to view Ant Technology's partnership with Sui Network in the RWA track?
The Financial Accounting Standards Board's fair value accounting standard for Bit, which will enter the implementation phase on December 16. Previously, companies could only measure their Bit assets at historical cost, this article will discuss this for you.
The FASB's fair value standard is officially implemented: Bit as a corporate reserve asset is one step closer to becoming the "standard option"
This year's US presidential election was more like the prelude to a power reshuffle within capitalism, with the "New Money" represented by Silicon Valley tech upstarts challenging the "Old Money" represented by Wall Street. This article will explore this in depth, with a quick read.
The power game between "New Money" and "Old Money" behind the "Trump trade", Peter Thiel and Crypto
Recently, there has been a news report that has made everyone a bit nervous, coming from an article published by a law firm. Titled "the first national case, cross-border Bit trading is illegal, profits from Bit trading will be confiscated", this article will analyze it for you.
Web3 lawyer: Is cross-border Bit trading illegal? Will profits be confiscated? Don't scare people!
The Ethereum ecosystem is experiencing a wave of enterprise-level adoption. As global giants like Microsoft, JPMorgan, Santander and EY collaborate through the Enterprise Ethereum Alliance, the network's reputation as a global settlement layer and innovation platform is growing stronger. This article will discuss this for you.
The settlement peak of Ethereum: the rise of multiple DA layers and the enterprise wave

10 notable news this week

  • Avalanche launched the Avalanche9000 upgrade
Source: Avalanche Foundation
  • Ethena Labs launched the BlackRock BUIDL-supported stablecoin USDtb
Source: Ethena Labs
  • Ripple's US dollar stablecoin RLUSD is expected to launch on December 17
Source: The Block
  • The modular blockchain Sophon has launched its mainnet
Source: sophon
  • Swell announced that its restaking chain Swellchain has launched
Source: Swell
  • Kraken's blockchain network Ink has previewed that its mainnet will launch soon
Source: ink
  • The Monetary Authority of Singapore has issued digital token service licenses to about 30 payment companies
Source: Bloomberg
  • Abstract Chain, the parent company of Pudgy Penguins, will launch its mainnet in January 2024
Source: Abstract
  • Crypto securities platform Prometheum completed a $20 million funding
Source: axios
  • Crypto AI startup Fraction AI completed a $6 million Pre-Seed funding round, led by Spartan Group and Symbolic Capital
Source: Fraction AI

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