Blockchain

Reports indicate that South Korean tech giant Naver is set to acquire Dunamu, the parent company of Upbit, via a share swap. This share swap will make Dunamu a subsidiary of Naver. Upon completion, Naver would gain control of South Korea’s largest crypto exchange. This will enable Naver to build an integrated digital finance ecosystem, encompassing payments and trading.

This article examines the past several years of traditional venture capital firms—such as Sequoia and IDG—entering the Web3 sector with enthusiasm, making fervent bets, and then pulling back. It analyzes how capital allocation has transitioned from the “crypto frenzy” toward areas like AI, stablecoins, and Real World Assets (RWA), and explores both the present challenges and emerging opportunities facing the primary market.

The article offers an in-depth examination of Figure's team background, technology architecture, market positioning, and the challenges and opportunities confronting the company.

The article details Pyth Pro’s core capabilities and benefits. It also examines how the platform delivers a transparent, comprehensive, and cost-effective market data solution to institutions.

The article examines the key success drivers behind leading platforms like Hyperliquid, Aster, and Avantis, while also offering an in-depth overview of other promising Perp DEX platforms such as Lighter, edgeX, and Paradex.

The article not only traces the development of similar platforms such as Facebook, Twitter, and Roblox—revealing their transformation from being questioned to becoming global cultural infrastructure and sources of wealth—but also provides a detailed analysis of Pump.fun’s potential and innovations in the live-streaming space.

This article breaks down the design of the STBL project: through a mechanism that separates stablecoin functions from yield-bearing NFT rights (YLD), users can both hold stablecoins for payments, lending, and other uses, and obtain returns from real-world assets (such as government bonds or private credit) via NFTs. In this way, the project offers a new type of solution that is more transparent and provides more predictable yields compared to traditional stablecoins.

As the crypto mining sector faces a convergence of regulatory, energy, and market challenges, this article explores how mining companies can build robust internal defenses. By refining financial and accounting practices, bolstering compliance, and enhancing transparency, these firms strengthen their long-term competitiveness within both capital markets and evolving regulatory frameworks.

The article provides a detailed overview of Kalshi’s development history, technical advantages, and business model, as well as its close ties with the Trump camp. It also analyzes the market potential and competitive landscape of prediction markets, including the dynamics of other competitors such as Polymarket and Interactive Brokers.

In August, the crypto market showed strong performance, driven by continued ETF inflows and rising on-chain activity. ETH emerged as the best-performing major token of the month, with a gain of over 18%. In contrast, Bitcoin followed a “rise-then-fall” pattern—briefly surpassing $124,500 mid-month before retreating due to growing macroeconomic uncertainty. Among public blockchains, Solana led with over 29 billion monthly transactions, while Ethereum recorded 51.77 million on-chain transactions, marking a new four-year high for the second consecutive month.

This article explores the evolution of AI payment (Agent Payment) by examining two major protocols—Google’s AP2 and Coinbase’s x402. It emphasizes the dual-track coexistence of fiat currency and stablecoins, the importance of permission-based authorization and verifiable credentials, and highlights entrepreneurial opportunities at the execution layer, represented by projects like FluxA.

This report highlights nine startups most favored by investors at Y Combinator (YC) 2025 Summer Demo Day. It focuses on AI-driven tools and infrastructure, industry-specific applications, and how these ventures address key pain points to drive rapid revenue growth and scaling.

The article not only analyzes the current issues in the Meme x live streaming model, such as the disconnect between token prices and live streaming quality, the loss of user trust due to highly volatile token prices, and the lack of user retention mechanisms, but also proposes specific methods for how prediction markets can inject new vitality into the live streaming ecosystem.

The article explores three interesting observations in detail: the concentration of tokenized stock trading, the decline in weekend liquidity, and the comparison of prices with Nasdaq.

This article offers a comprehensive examination of Hyperliquid's Event Perpetuals proposal—a novel trading product aimed at incorporating binary prediction market capabilities into its perpetual contracts platform.