Weekend recommended reading: Hong Kong’s new regulations on virtual assets come into effect, a glimpse of the layout of financial giants on RWA

Editor's Choice

**Where is Hong Kong going? **

The future of Hong Kong will move towards three stages: capital of meta-assets - higher-dimensional capitalism - digital charter city of the world.

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The world's financial giants are rushing to tokenize RWA

JPMorgan Chase, Goldman Sachs, Citigroup, the fields they try are often new financial vanes.

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The story of Paradigm and NFT that "betrayed the revolution" is unfinished and to be continued

From DeFi to NFT, Paradigm has never really gone far, just waiting quietly.

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18 million users, 5 million US dollars in funding, understand the story of Nostr's "behind the man"

Decentralization is no longer a castle in the air, but has begun to enter people's daily life.

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cool stuff

**A detailed explanation of the Bitcoin Layer2 protocol Ark: an alternative to the Lightning Network? **

The Ark protocol allows users to send and receive funds without introducing liquidity constraints.

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** Budding! Inventory of the 26 projects selected for a16z CSS 2023**

The 26 entries this time cover tracks such as encryption infrastructure, creator tools, and Web3 games.

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Industry Observation

17 future trends in the crypto world: LSD, RWA, account abstraction...

Before the next bull market, you only need to pay attention to these 17 narratives.

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**Numerical reading of Yuga Labs' performance in May: the darkest moment of the NFT leader? **

The floor price of BAYC fell to a new low this year, and the monthly trading volume dropped by 50% month-on-month.

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Following the Crypto Narrative: Learn about 5 Protocols Upcoming Major Updates

These catalysts will change the fundamentals of the protocol and the token.

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Graphic changes in the correlation between Bitcoin and global macro assets

Bitcoin’s correlation with global macro assets is stronger in 2020 and 2022 and weaker at other times.

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Column article recommendation

Panoramic analysis of NFTFi track: current NFTFi market structure

In terms of different tracks, NFT transactions and NFT loans have begun to take shape, and the future development direction is mainly in integration and efficiency improvement.

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Move is a public chain with a bad start, and the modular blockchain is rising strongly

Inventory the progress of the modular blockchain and explore the latest technological innovations and applications of the modular blockchain.

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An article to understand the classification of Rollup

In addition to the well-known Validity Rollup and Optimistic Rollup, what are the different Rollup classification methods?

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Ten unmissable news this week

1. zkEVM Kakarot completed the Pre-Seed round of financing, Vitalik Buterin, StarkWare and others participated in the investment
2. Wallet-as-a-service provider Magic completes $52 million in financing
3. Swell Network has launched the Voyage airdrop event and will distribute 50 million SWELL
4. Multichain: Currently unable to contact the CEO and gain the necessary server access
5. zkSync: zkSync Era network optimization and upgrade has been completed
6. Circle will launch native USDC on Arbitrum on June 8
7. The Starknet mainnet has been upgraded to v0.11.2, officially activating Cairo 1
8. unshETH: The hacker has decided to return the ownership of the contract. If the remaining funds are not returned on June 3, law enforcement action will be taken
9. US CFTC may change risk management rules to take cryptocurrency into consideration
10. The Korea Exchange Association DAXA has formulated the "Internal Control Standards" and the "Code of Ethical Conduct for Virtual Asset Operators"