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Consensys: How Ethereum as a trusted software system will reshape the global digital economy?

On the occasion of the tenth anniversary of Ethereum, Consensys released a report indicating that Ethereum has become an important Blockchain platform, supporting over 50% of digital assets. Its trust software enhances the efficiency of financial transactions through algorithmic processes, drops trust costs, and promotes the development of the digital economy. As regulation becomes clearer, the value and future potential of ETH are being followed, making it an important component of digital economic infrastructure.
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Super gambling devours the world, and you are also becoming a source of income for the market maker.

> After all, if next month can be started over, what loss is there in speculating with this month's money?

Written by: jez
Compiled by: AididiaoJP, Foresight News

What is "long-term degeneracy"?

"Long-term degeneracy" is a mental model centered around super gambling. In the author's words, long-term degeneracy represents "a belief that the world will only become more degenerate, financialized, speculative, lonely, tribal, and bizarre."

The simplest and most comprehensive explanation for this trend is:

As the actual return rate continues to decline, people often resort to increasing risk to compensate for losses.

The reasons discussed below are varied, but I hope that after reading this article, as a smart reader, you will return to this sentence and deeply agree.

Korea is the canary in the coal mine, with a stark wealth gap.
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Who defeated the "gold standard"?

Against the backdrop of economic uncertainty and the weakening of the dollar's credit, Virtual Money has become a leading asset driven by payment convenience and technological innovation. The report points out that since 2018, only a few Virtual Money have outperformed gold, demonstrating gold's safe-haven value. Small-cap stocks have performed better than traditional assets, and investors are advised to follow varieties with high earnings certainty.
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Aave Effect: The Ultimate Paradigm of Decentralized Finance Distribution

> Reasonably and with evidence tell you why AAVE will rise to 1000 dollars.

Written by: Kolten, Aave, Avara
Compiled by: Alex Liu, Foresight News

In the decentralized finance (DeFi) space, distribution capability determines everything, and no one does it better than Aave. With five years of market experience, millions of users, and the deepest liquidity in DeFi, projects built on Aave can achieve scale and network effects that are unmatched elsewhere.

Project parties only need to integrate Aave to immediately gain the infrastructure, user base, and liquidity support that would normally take years to build – this is what is known as the "Aave effect."

Some key data
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RockSugarOrangeSaucevip:
Old driver, take me along 📈
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Funding for Web3 projects is becoming increasingly difficult. How can you make your presentation stand out in 30 seconds?

A successful Web3 project presentation should highlight the uniqueness of the project, the capabilities of the founders, and market trends. The focus should be on a concise and powerful narrative that gives investors reasons to delve deeper, rather than detailed explanations. Clearly state the funding needs, keep it clear and direct to capture attention and seek opportunities for further communication.
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Regarding "Firing Powell": the prediction market listens to Trump, while the interest rate market listens to Bostic.

The article analyzes the different responses of the prediction market and the interest rate market to the retention or dismissal of Fed Chairman Powell. Although Trump's comments about dismissal raised the odds of Powell being fired in the prediction market, the interest rate market reduced its expectations for interest rate cuts, indicating a greater focus on economic data and policy signals. The moderate remarks from the Treasury Secretary also enhanced market stability, leading to a widening divergence between the two.
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Jen-Hsun Huang: Financial freedom 30 years later, I have no dreams

> Very few CEOs can navigate difficult times with such ease.

Written by: Jingyu
Source: Geek Park

The last foreigner to cause a huge sensation in China by wearing a Tang suit was Michael Tyson's former manager, Don King. After more than twenty years, the second is Nvidia founder Jensen Huang. Given Huang's current status in the tech industry, it may even surpass that of Tyson during his peak in the boxing world.

On July 16, Beijing time, at the "Chain Expo" held in Beijing, Huang Renxun, who visited China for the third time in a year, changed out of his leather jacket and donned a traditional Tang suit to give a speech, which was different from his previous appearance in a suit when he met with senior executives three months ago.

"I look quite handsome in Tang suit, it's a gift from someone else."



In the media interview on the afternoon of the 16th
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Opinion: The GENIUS Act stifles yield-bearing stablecoins but may save Decentralized Finance.

The U.S. Congress is about to pass the "GENIUS Act," which will impose strict regulations on cryptocurrency, prohibiting stablecoin interest payments to protect banks and promote transparency in Decentralized Finance. Compliance stablecoins must be backed by cash and short-term government bonds, clarifying the boundary between stablecoins and income-generating assets. This transformation could encourage a healthier DeFi, requiring transparency and Risk Management, aiding its integration with TradFi.
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a16z: Why is the encryption memory pool not a universal remedy for MEV?

> Technology, economy, efficiency: three mountains that cannot be circumvented.

Written by: Pranav Garimidi, Joseph Bonneau, Lioba Heimbach, a16z
Compiled by: Saoirse, Foresight News

In blockchain, the maximum value that can be earned by deciding which transactions to include in a block, which to exclude, or by adjusting the order of transactions is called "Maximum Extractable Value," abbreviated as
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