IntroductionCryptocurrencies like Bitcoin are increasingly entering the global financial mainstream. Since 2017, China has strictly restricted or even banned cryptocurrency trading on the mainland. However, regions including the U.S., Canada, Europe, and Hong Kong have actively introduced compliant investment products like Bitcoin ETFs to meet investor demand and recognize Bitcoin as a strategic asset. In contrast, China’s blanket ban may preserve short-term financial stability but risks miss...

IntroductionCryptocurrencies like Bitcoin are increasingly entering the global financial mainstream. Since 2017, China has strictly restricted or even banned cryptocurrency trading on the mainland. However, regions including the U.S., Canada, Europe, and Hong Kong have actively introduced compliant investment products like Bitcoin ETFs to meet investor demand and recognize Bitcoin as a strategic asset. In contrast, China’s blanket ban may preserve short-term financial stability but risks miss...

The Upgrade That Went Live at Block 912,690 On 2 September 2025, at Bitcoin block height 912,690, the BRC20 stack received its biggest overhaul since launch. Dubbed BRC-2.0, the release—co-authored by original designer Domo and the Ordinals team Best in Slot—drops a fully functioning Ethereum Virtual Machine (EVM) inside the BRC20 indexer. The move turns Bitcoin into a Turing-complete settlement layer, promising DeFi, NFT markets, borrow-lend and synthetic-asset apps without leaving the BTC s...

The Upgrade That Went Live at Block 912,690 On 2 September 2025, at Bitcoin block height 912,690, the BRC20 stack received its biggest overhaul since launch. Dubbed BRC-2.0, the release—co-authored by original designer Domo and the Ordinals team Best in Slot—drops a fully functioning Ethereum Virtual Machine (EVM) inside the BRC20 indexer. The move turns Bitcoin into a Turing-complete settlement layer, promising DeFi, NFT markets, borrow-lend and synthetic-asset apps without leaving the BTC s...

1. Policy Pivot: From HODL to “Strategic Liquidation” Hidden inside Marathon Digital’s Q-3 report is a seismic shift: the company will now sell part of its freshly-minted coins to fund day-to-day operations. The announcement lands as hash-price trades at a multi-month low of ~$43.1 per PH/s/day and network difficulty keeps grinding higher. With energy cost per coin mined at $39 235 and transaction-fee income a meagre 0.9 % of revenue, the math is brutal. Marathon’s treasury still holds 52 850...

1. Policy Pivot: From HODL to “Strategic Liquidation” Hidden inside Marathon Digital’s Q-3 report is a seismic shift: the company will now sell part of its freshly-minted coins to fund day-to-day operations. The announcement lands as hash-price trades at a multi-month low of ~$43.1 per PH/s/day and network difficulty keeps grinding higher. With energy cost per coin mined at $39 235 and transaction-fee income a meagre 0.9 % of revenue, the math is brutal. Marathon’s treasury still holds 52 850...

A New Fashion: Everyone Wants Their Own Chain Self-built blockchains have become the latest craze in fintech. • Coinbase already has Base. • Robinhood announced its own chain in June; rival eToro is weighing a similar move. Now Stripe and Circle—two of the biggest names in payments and stable-coins—have jumped on the bandwagon. A since-deleted job posting and people familiar with the matter say Stripe is quietly building Tempo, a payments-first blockchain. Hours later, Circle revealed Arc, a ...

A New Fashion: Everyone Wants Their Own Chain Self-built blockchains have become the latest craze in fintech. • Coinbase already has Base. • Robinhood announced its own chain in June; rival eToro is weighing a similar move. Now Stripe and Circle—two of the biggest names in payments and stable-coins—have jumped on the bandwagon. A since-deleted job posting and people familiar with the matter say Stripe is quietly building Tempo, a payments-first blockchain. Hours later, Circle revealed Arc, a ...

The battle between meme launchpads Pump.fun and Letsbonk.fun has raged for over a month. We’ve seen Pump.fun execute one of crypto’s largest ICOs, Letsbonk.fun aggressively capture market share, and new entrants attempt—and fail—to disrupt the duopoly. Let’s start with the data from Jupiter: ![Jupiter Market Share Chart] While Letsbonk.fun still leads in weekly market share, the two platforms are now diverging in strategy and community momentum.Pump.fun: The PVE Comeback?After a disastrous li...

The battle between meme launchpads Pump.fun and Letsbonk.fun has raged for over a month. We’ve seen Pump.fun execute one of crypto’s largest ICOs, Letsbonk.fun aggressively capture market share, and new entrants attempt—and fail—to disrupt the duopoly. Let’s start with the data from Jupiter: ![Jupiter Market Share Chart] While Letsbonk.fun still leads in weekly market share, the two platforms are now diverging in strategy and community momentum.Pump.fun: The PVE Comeback?After a disastrous li...

1. The Rhythm Thesis – Wealth Goes to the Steady, Not the Sprinter While the industry chases weekly APY, CoinW has spent eight years rehearsing a single cadence: inhale compliance, exhale trust, repeat. The payoff: 20 million users, 200 jurisdictions, Geo-CGCO futures rank #4, and zero major security incidents. Their own metric is blunt – “be the last exchange still jogging when the hype asthma attack hits.”2. Four New Check-Points (2026-2030) After 30+ user ethnographies from Lagos truck-fle...

1. The Rhythm Thesis – Wealth Goes to the Steady, Not the Sprinter While the industry chases weekly APY, CoinW has spent eight years rehearsing a single cadence: inhale compliance, exhale trust, repeat. The payoff: 20 million users, 200 jurisdictions, Geo-CGCO futures rank #4, and zero major security incidents. Their own metric is blunt – “be the last exchange still jogging when the hype asthma attack hits.”2. Four New Check-Points (2026-2030) After 30+ user ethnographies from Lagos truck-fle...

The Scene That Pays While You Sleep Imagine moving a few clicks on-chain and collecting 10 % APR in dollar-pegged coins—no lock-up, no delta risk, no dashboard babysitting. In TradFi you’d need option straddles, junk-bond homework or P2P roulette to beat 3.7 % T-bills. In DeFi, issuers still hand out “food-delivery vouchers” (a.k.a. subsidies) to bootstrap liquidity. The trick is picking the vouchers that won’t bounce—and doing it before the coupon clip ends.Seven Rules for the “Circle-Outsid...

The Scene That Pays While You Sleep Imagine moving a few clicks on-chain and collecting 10 % APR in dollar-pegged coins—no lock-up, no delta risk, no dashboard babysitting. In TradFi you’d need option straddles, junk-bond homework or P2P roulette to beat 3.7 % T-bills. In DeFi, issuers still hand out “food-delivery vouchers” (a.k.a. subsidies) to bootstrap liquidity. The trick is picking the vouchers that won’t bounce—and doing it before the coupon clip ends.Seven Rules for the “Circle-Outsid...

Core Topic: Exploring the applicable scenarios for burn and redistribution mechanisms in cryptocurrency, emphasizing that redistribution is superior when economic value impacts system security. Key Definitions: * Slashing: The act of reclaiming assets from malicious actors. * Burn vs. Redistribution: Methods for handling the reclaimed assets. Burning reduces the total supply, while redistribution transfers the value to other parties. The Advantages of Redistribution: * Enhances economic secur...

Core Topic: Exploring the applicable scenarios for burn and redistribution mechanisms in cryptocurrency, emphasizing that redistribution is superior when economic value impacts system security. Key Definitions: * Slashing: The act of reclaiming assets from malicious actors. * Burn vs. Redistribution: Methods for handling the reclaimed assets. Burning reduces the total supply, while redistribution transfers the value to other parties. The Advantages of Redistribution: * Enhances economic secur...

As of 2025, mainland China's laws continue to comprehensively prohibit cryptocurrency trading and mining. However, Hong Kong, as a Special Administrative Region, has established a regulated digital asset framework, which may signal a subtle softening of the central government's stance. China was once a global leader in Bitcoin mining and hosted major exchanges, but the stringent 2021 ban caused a significant exodus of mining operations and exchanges (like Huobi, OKX, Binance) overseas, many o...

As of 2025, mainland China's laws continue to comprehensively prohibit cryptocurrency trading and mining. However, Hong Kong, as a Special Administrative Region, has established a regulated digital asset framework, which may signal a subtle softening of the central government's stance. China was once a global leader in Bitcoin mining and hosted major exchanges, but the stringent 2021 ban caused a significant exodus of mining operations and exchanges (like Huobi, OKX, Binance) overseas, many o...

Welcome to Slate Sundays Welcome to Slate Sundays, the new weekly column from CryptoSlate. Each edition dives deep—through interviews, expert analysis, and commentary—to explore the ideas and voices shaping the future of crypto, far beyond the headlines.2025: The Year of the Stablecoin If 2024 was the “Year of the Dragon,” 2025 is already the “Year of the Stablecoin.” Dollar-pegged digital assets have moved center stage—and won top-level approval.March 2025: Trump-family–backed World Liberty ...

Welcome to Slate Sundays Welcome to Slate Sundays, the new weekly column from CryptoSlate. Each edition dives deep—through interviews, expert analysis, and commentary—to explore the ideas and voices shaping the future of crypto, far beyond the headlines.2025: The Year of the Stablecoin If 2024 was the “Year of the Dragon,” 2025 is already the “Year of the Stablecoin.” Dollar-pegged digital assets have moved center stage—and won top-level approval.March 2025: Trump-family–backed World Liberty ...