Blockchain

Gate Research: Over the past decade, the crypto user base has expanded exponentially, with CEX and DEX advancing in parallel to shape a diversified market landscape. CEX platforms have expanded steadily, while DEX ecosystems have risen rapidly, driving the overall market toward greater balance. Meanwhile, hacker incidents and cross-chain money laundering routes continue to evolve, with a noticeable rise in personal wallet thefts. In contrast, CEXs maintain trust and institutional advantages through global compliance frameworks and mature systems. Looking ahead, CEX and DEX are expected to coexist in the long term—CEX will remain the primary gateway and compliance hub for mainstream users, while DEX will continue to drive ecosystem expansion through openness and innovation. The market will keep progressing under this multi-track structure.

This report highlights that PayFi, leveraging stablecoins as its underlying medium, integrates accounts, clearing and settlement, yield management, and compliance into a unified framework—enabling a paradigm shift from “payments” to “finance.” Its innovative BNPN model allows payment flows to automatically generate yield, breaking the long-standing issue of “idle capital.” The report estimates that PayFi’s serviceable market could reach $25–30 trillion, with its obtainable market projected to achieve hundreds of billions in transaction volume and generate billions in revenue within the next 3–5 years. Powered by four core engines—low-fee high-frequency transactions, yield generation from settlement funds, institutional-grade financial services, and modular PaaS offerings—PayFi is poised to become the next-generation payment infrastructure bridging Web2 and Web3, ushering in a yield-driven era of crypto payments.

This article delivers a comprehensive overview of the core principles underlying global business structuring. It further explores the distinctions between single-entity and multi-entity frameworks, thoroughly examining their respective pros and cons. The article also provides an in-depth analysis of the tax advantages and regulatory environments in key jurisdictions including Hong Kong, Singapore, and the British Virgin Islands (BVI).

The article introduces each project's background, innovations, and market performance. It also showcases the diversity and potential of the prediction market sector through detailed case studies.

This report provides a comprehensive analysis of the market performance of leading cryptocurrencies such as Bitcoin and Ethereum. It also examines the stock performance of publicly traded companies that hold cryptocurrencies, including MicroStrategy.

ZachXBT exposes the inner workings and profit networks behind million-dollar advertising deals by overseas crypto influencers, revealing the paid promotion practices in the industry.

After experiencing setbacks in traditional mergers and acquisitions, China Renaissance is charting a new course in the Web3 metaverse. Chairwoman Xu Yanqing steers the firm toward substantial investments, including stakes in Circle, Amber Group, and Matrixport. The firm also has significant holdings in BNB and RWA. With a $100 million initiative to break into digital finance, China Renaissance aims to reinvent itself, transitioning from a dominant investment bank in internet M&A to an emerging leader in the Web3 space.

Grayscale's August Crypto Asset Research Report highlights that regulatory frameworks are gradually becoming clearer, with the United States promoting stablecoin and blockchain-friendly policies. Ethereum has shown strong performance due to favorable regulatory developments. Meanwhile, digital asset treasuries (DAT) continue to expand, though demand may have reached saturation, signaling a potential turning point in the industry's structure.

This article uses the analogy of a “dream team” to analyze how Chainlink has become the foundational infrastructure of crypto finance. From solving the oracle problem to enabling cross-chain interoperability and compliance engines, and further to launching “Chainlink Reserve” to drive token buybacks, the article illustrates its evolution into a key bridge between traditional finance and Web3, as well as the undervalued value logic behind it.

The article offers an in-depth analysis of how Flipr delivers a distinctive user experience by combining prediction markets with the social platform X. It also explores the factors driving its rapid, hundredfold increase in market capitalization within a short timeframe.

The article analyzes the collaborative efforts of Galaxy Digital, Multicoin Capital, and Jump Crypto. It also examines Pantera Capital’s independent strategies and clarifies how these investments could impact the future development of Solana.

Bitlayer’s competitive edge lies in its solid technological foundation, clear economic model, and reliable execution. These elements collectively enable Bitlayer to achieve meaningful breakthroughs in the Bitcoin ecosystem.

USDf, introduced by Falcon Finance, is not merely another generic stablecoin. Led by the DWF Labs team and supported by WLFI Capital, it operates as a multi-asset collateralized synthetic liquidity protocol. The protocol integrates market makers’ hedging and arbitrage strategies into its stablecoin design and utilizes an over-collateralization mechanism with structured yield distribution. Additionally, it plans to connect with real-world assets (RWA), aiming to create a universal financial layer that allows seamless asset entry and withdrawal.

The article provides a detailed analysis of different types of buyback strategies, including one-time buybacks, programmatic buybacks, and revenue-based buybacks, and illustrates their real-world effectiveness through concrete case studies.

By examining HL's track record during different security events, the article highlights how HL navigates the balance between decentralized governance and centralized management.