YieldHunter

From ordinary worker to encryption project founder: The entrepreneurial journey of Phala Network founder Marvin.
After graduating, Marvin worked as a product manager at a large company. In 2018, the revolutionary development of smart contracts inspired him and his friends to start a business. They believed that the core value of Web3 lies in solving the trust crisis, and the trusted execution environment ( TEE ) technology is the key to achieving this goal. Thus, they founded Phala Network, a decentralized cloud platform based on TEE.
The project faced numerous difficulties in its early stages until it joined the Polkadot ecosystem, which marked a turning point. Phala gradually became a leading project within the Polkadot ecosystem and successfully launched on mainstream trading platforms. Marvin believes that the fair token distribution strategy is the key to their success. Although there is no support from top investment institutions, a strong community foundation and user data have helped the project stand out.

The "2024 China Financial Stability Report" shows a shift in the Central Bank's attitude towards encryption assets, following the development of global Crypto Assets and the regulatory practices in Hong Kong. Despite the risks still present, there are clear signs of market recovery, and the regulatory system is gradually improving, indicating that our country is gradually exploring and responding in the encryption field.

The Fed lowered interest rates by 50 basis points on September 19, starting a new round of rate cuts, while also expecting to continue lowering rates in the future to cope with the economic slowdown. Although the expectation of rate cuts affects asset prices, historical data shows that different assets perform differently during rate cut periods, and investors need to follow economic data and policy adjustments.

Scroll co-founder Haichen talks about the Mainnet launch and ecological development
Recently, Scroll co-founder Haichen accepted an exclusive interview with a media outlet, sharing the latest updates on the launch of Scroll Mainnet and its ecological development.
Haichen introduced that he worked for many years at Amazon Web Services (AWS), mainly engaged in AI compiler-related work. Later, he came into contact with zero-knowledge proof technology while participating in Ethereum community activities, believing that this is a highly promising field that can be used to develop practical products and systems, ultimately achieving Ethereum scalability, accommodating more transactions and reducing user fees.
Speaking about the recent Ethereum community event held in Hong Kong, Haichen stated that it aims to expand the developer ecosystem of Ethereum in Hong Kong and the Asia-Pacific region. The event attracted nearly 100 projects, and ultimately, 16 will be selected to enter the final round of competition. These projects

The current market is dominated by expectations of economic recession, with risk assets experiencing increased Fluctuation despite improved Liquidity. Weak economic data and policy uncertainty have triggered risk aversion in the market, especially in the fields of artificial intelligence and Crypto Assets. Future employment data will impact market expectations, and investors need to remain cautious, following diversified asset allocation and policy trends.

The Runes protocol demonstrates unique potential in the Bitcoin ecosystem, bringing new application scenarios to Bitcoin. Participants share experiences, numerous emerging projects are emerging, wallet functionalities are continuously enhanced, and a global community is gradually forming consensus. In the future, Runes is expected to drive innovation and development in the Bitcoin ecosystem.

DeFAI combines AI with Decentralized Finance at Depth, using large language models for data analysis and decision-making, promoting users' autonomous investment management. Multiple DeFAI projects such as Griffain and Hey Anon are thriving, showcasing immense market potential, especially in the DeFi sector. The development of AI Agents must rely on actual value, and market competition is worth following.

MuSig2 is an upgraded version of Bitcoin multisignature, providing higher security, efficiency, and privacy. Compared to MuSig1, MuSig2 requires only two rounds of communication, simplifying multisignature coordination, and is suitable for scenarios such as shared custody and cold storage, bringing new opportunities for the future development of Bitcoin.

Push Protocol is a decentralized communication protocol specifically designed for Web3, aimed at enhancing the communication efficiency of decentralized applications. It can send various notifications to user Wallet Addresses, serving multiple scenarios such as DeFi and DAO. Since its launch, it has issued over 74 million notifications, and its governance token PUSH has a circulation rate of 60%. In the future, it will support non-EVM chains, showing strong development potential.

On November 16, a Meme Token trading platform was attacked by hackers, with losses expected to reach over one hundred million dollars. User Private Keys were leaked, security vulnerabilities were significant, and user trust decreased. The incident affected the Meme coin market, with related coin prices plummeting. The industry is calling for enhanced financial security measures and vigilance against potential future attacks.

Three types of people in the encryption world: developers, believers, and speculators
Cryptocurrency is just a corner of the internet filled with scams and frauds for most people. However, some have a completely different view of cryptocurrency: it is a new land full of opportunities, a digital world built on free and open-source software that can break the monopoly of traditional financial institutions.
So, why do most people think that cryptocurrency is full of scams? If that's the case, why are there still people flocking to it? What attracts them? Or is cryptocurrency itself a huge scam?
This article will introduce a "encryption industry concentric circle" model, explaining why many outsiders believe this industry is full of fraud. This model can help beginners better understand the ecology of the encryption world, recognize different types of participants, and know how to interact with them.
encryption concentric circle model
This model will revolutionize the encryption industry.

Overview of GameFi and Analysis of Yield Guild Games
The concept of GameFi was first proposed at the Wuzhen Conference at the end of 2019, combining decentralized finance with gaming, with the core feature being "play to earn" ( play to earn ). It transforms traditional game assets into NFTs or tokens through blockchain technology, endowing games with financial attributes. This gives in-game items, skins, and more a uniqueness and collectible value, allowing players to truly own the related data.
Putting game assets on the blockchain is a win-win choice - game companies can tax the secondary market, users can earn money through games, reducing the flow of funds and items for studios, and maintaining the game ecosystem. As user participation increases, the game will incentivize the creation of more gameplay, enrich content, and promote a positive cycle.
The current playability of GameFi and the sustainability of capital flow still have issues. But games still

This article introduces how to interact with the 5ireChain Testnet, including steps for installing the 5ire Wallet, creating a Wallet Address, obtaining Test Tokens, and conducting interaction tests. It emphasizes the importance of exercising caution and protecting asset security when participating in blockchain projects.

RWA Industry Report: The Integration of TradFi and Decentralized Finance
Introduction
The total market value of cryptocurrencies has surpassed a trillion dollars, with Bitcoin and Ethereum accounting for over 50% of the market share. However, the market value of mainstream asset classes and commodities still far exceeds that of cryptocurrencies. Against this backdrop, the concept of "RWA"(Real World Asset, or real-world assets), emerged in the crypto space in 2023. RWA refers to the tokenization of real-world assets and their introduction to the blockchain, allowing asset storage and transfer without the need for a central intermediary, enabling trading and circulation on the blockchain.
RWA has great potential to expand the market cap ceiling of cryptocurrencies, but its definition, advantages, and development trends still need to be explored. Some believe that RWA is merely market hype, while others are optimistic about its prospects. This article will delve into the current status and future of RWA.
The core viewpoints are as follows:
1. Future Development Direction of RWA

Recent dynamics in the stablecoin market show that a well-known stablecoin saw an issuance increase of 300 million coins within a week, rising by 15.38%. Among these, 170 million coins were issued through the official Address, reflecting a growth of 46.92%. Approximately 128 million coins flowed into major exchanges, indicating a growing market demand for stablecoins, which may suggest an increase in the activity of Crypto Assets trading.

Trump's return to the White House may boost the development of Musk's business empire.
Recently, Trump heavily praised Musk and his companies during an election speech, drawing attention to the relationship between the two. Analysts believe that if Trump returns to the White House, it could bring about a series of policy changes that may positively impact Musk's business empire.
Trump specifically mentioned Musk's rocket company SpaceX and the satellite internet project Starlink during his speech, praising these businesses with government contract potential. He stated that he wants to "protect these super geniuses" and revealed that he may establish a dedicated "government efficiency" position to support Musk.
Musk has long been critical of government intervention, so it is not surprising that he has allied with Trump, who has promised to ease regulations. Over the past decade, Musk's companies have received numerous contracts from the government. Some analysts believe that Musk supports Trump for the purpose of

Elon Musk initiated a survey on social media, asking users whether they support him stepping down from his current position. So far, 5.5 million people have participated, with nearly 60% in favor of his resignation. This move has sparked widespread discussion, demonstrating Musk's emphasis on user opinions and his unconventional leadership style. The outcome may impact the company's future development.

Three Major Traps in the Crypto Market and Strategies to Deal with Them
In the crypto market, investors often face three major psychological traps: the fear of missing out on the last bull market, uncertainty about the duration of the market, and pressure from comparisons with others. These three factors often work together, severely impacting investors' judgment.
This mindset may lead to the following problems:
1. Distraction: Blindly chasing various trends while ignoring key investment opportunities.
2. Excessive pessimism: Losing confidence due to market uncertainty, leading to an inability to hold assets for the long term or a complete exit from the market.
3. Lack of firm belief: Insufficient research on the project makes it difficult to remain calm amid market fluctuations.
4. Lack of profit strategy: Frequent operations due to the fear of missing opportunities actually affect returns.
To address these challenges, investors can adopt the following strategies:
1. Focus on core areas
- Focus on 1-2 blockchain projects