Bitmine, SharpLink, and Joe Lubin Support Ethlabs to Drive the Next Phase of Ethereum Growth.

Stablecoins, tokenized assets, DeFi, and "Agentic Finance" will fundamentally transform the way the financial industry operates in the coming years.

The Modularization of DeFi Lending: The Risk Management Battle Among Morpho, Euler, and Aave.

Determined by regulatory trends and capital flows. A potential future combination could be: tokenized Treasury bonds serving as the risk-free leg foundation, combined with a term structure curve pieced together using CME basis / Bitfinex term structure / on-chain interest rate swaps—or a governance-neutral aggregate index.

The biggest trend in the crypto industry for 2026 is not a new L1 blockchain, a new Meme coin, or an ETF approval. It is the first large-scale, systematic influx of crypto capital into the core asset system of TradFi.

This report systematically reviews the evolution of on-chain enforcement and blacklisting systems from 2022 to 2026, covering five major dimensions: the Tornado Cash case, mixer enforcement, the rise of the on-chain analytics industry, the divergence of regulatory frameworks across Europe, America, and Asia, and state-actor confrontation. The core conclusion is that the biggest problem with on-chain enforcement over the past four years is not that it has been 'too lenient,' but that it has taken the 'wrong direction' — continuing to escalate list-based sanctions will only harm innocent users and genuine decentralized innovation simultaneously. The true path forward for on-chain enforcement lies in a tri-track system of risk classification, judicial independence, and technological autonomy.

After a 300% return on Cerebras in May, MSX delivered its second "perfect score" on the night of the SpaceX IPO.

Over the past week, a notable phenomenon has emerged in the crypto market: Risk capital is pulling out, but on-chain funds have not exited.

The art of negotiation lies in the compromise between war and interests.

While the entire industry is discussing "RWA tokenization," the next truly structural opportunity might be "on-chain native credit creation."

优秀的稳定币不应只是价值的“锚”，更应成为用户财富持续增长的工具。

Capital is flowing into card issuance, compliance, clearing & settlement, and enterprise APIs. The dividends of stablecoin payments are shifting from the "card" to the "infrastructure."

Market news: SBF officially applies for a pardon from Trump.

Glassnode Co-founder Indicates Bitcoin Bottom Range Has Emerged, High Probability Bottom at $46,000-$54,000.

美国将公布5月CPI数据；Arthur Hayes将发文披露清仓原因。

Recently, the world's largest Web3 security company, CertiK, released the "Skynet 2026 Stablecoin Threat Report," systematically outlining two core challenges currently facing the stablecoin ecosystem.