Weekly Recommended Reading: A 30,000-word research report on EigenCloud, a verifiable cloud platform; Encrypted ATMs becoming new tools for fraud; SpaceComputer, a space computing startup, completing a $10 million seed round led by Maven11 and others.

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

This research report, authored by Web3Caff Research researcher 0xstride, provides a systematic analysis of how EigenCloud unifies data, computation, and verification to provide underlying capabilities for highly reliable execution and intelligent collaboration. Key takeaways include:

① Verifiable services are becoming a new direction for on-chain computing, and EigenCloud is reconstructing the trust path in three layers: data, execution, and auditing;

② The system consists of EigenDA, EigenCompute, and EigenVerify, and can be extended to multiple scenarios such as AI inference and cross-chain verification;

③ The mainstream ecosystem is differentiated around restaking security, execution environment, and verification mechanism, and the technical routes are gradually becoming clearer;

④ In the process of capability improvement and ecosystem evolution, verifiable cloud is gradually showing a trend of extending towards a general execution platform.

Includes a key structure diagram and an overview of ecosystem components, showcasing EigenCloud's core primitive system and development trends.

Since the birth of Bitcoin, the core concept of the blockchain industry has always been "transparency." However, as blockchain technology matures, "transparency" alone is no longer sufficient. A new reality is emerging: privacy protection is key to driving blockchain into the mainstream, and the demand for privacy is accelerating at the cultural, institutional, and technological levels. This article will discuss this further.

Cryptocurrency ATMs, ubiquitous in convenience stores and gas stations, seemingly convenient cash exchange terminals, have actually become money-grabbing traps for scammers targeting the elderly. Behind the disappearing deposits lies a series of meticulously designed scams. Cryptocurrency ATMs have come into focus, but they are also under close scrutiny because they have become tools for fraud. This article explores this topic; read it quickly.

The core of blockchain consensus lies in how to get nodes in a distributed network to agree on the ledger state, thereby achieving decentralized state transitions and data storage. It ensures the security, liveness, and consistency of the network through a series of steps. The consensus process is divided into four key stages: admission consensus, block production consensus, final consensus, and exit consensus, which this article will discuss.

Beyond the blockchain Blockchain Trilemma, another, more fundamental risk is looming: cryptographic security. The most destructive risk facing Ethereum comes from the potential disruption of modern cryptography by quantum computing. This technological threat is sudden and non-linear; once a critical point is crossed, all defenses will crumble instantly. This article discusses this issue; read it quickly.

In internet companies, personnel in technical and operational positions have direct access to system interfaces, backend data, and internal management privileges. If they overstep their authority or engage in improper conduct driven by profit, the consequences can be quite different in judicial practice. Actions such as "modifying data" and "reselling for profit" may be classified in entirely different ways. This article provides an in-depth discussion and a quick overview.

Bank Negara Malaysia (BNM) has released a discussion paper on asset tokenization in the Malaysian financial sector, officially launching its action plan and outlining a roadmap and implementation path. Amidst the current RWA craze and its associated problems, this article explores BNM's discussion paper and subsequent consultation process.

In May 2025, the Haidian District People's Procuratorate released the "White Paper on Anti-Commercial Corruption Procuratorial Work (2020-2024)". The white paper shows that corruption cases in the internet sector increased by 23% year-on-year in 2025, and the groups involved are becoming younger, with 73% being practitioners around 30 years old. This article discusses this topic for your quick overview.

In mid-November, Kraken announced the completion of two funding rounds totaling $800 million. Citadel Securities, one of the world's largest market makers, directly invested $200 million. In addition, Canton Network, a privacy blockchain focused on RWA, completed a $135 million funding round in June. Citadel Securities is still among the investors. This article will discuss this further.

10 key news stories to watch this week

• Monad mainnet is now live.

• Arc goes live on the testnet with Circle Gateway

• Circle payment network supports new processes based on Uniswap Permit2.

• Sonic has launched mainnet version v2.1.2.

• Avail launches Nexus mainnet

• Lido's new proposal: to transform into a comprehensive DeFi platform, and to outline four strategic goals for 2026.

• Doma Protocol is now live on mainnet.

• Celestia mainnet launches Matcha upgrade

• Texas launches Bitcoin reserve program

• Polymarket receives approval from the US CFTC to amend its designation order

• SpaceComputer, a space computing startup, has raised $10 million in seed funding , led by Maven11 and others.

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