Weekend recommended reading: Multichain’s life and death are unpredictable, a list of key points of Hong Kong’s regulatory documents

Editor’s Choice

**Focus! List of key information of Hong Kong virtual asset trading platform regulatory documents **

The Hong Kong Securities Regulatory Commission raised 10 major questions to the public regarding the supervision of virtual asset trading platforms. After the consultation period, it summarized and responded to the public.

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Variant Partner: Assets and Ideology in Web3 Social Networks

The approach to building a successful Web3 social network is asset-first, not ideology-first.

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20 sentences, revisiting Bitcoin 2023 on Miami Beach

BTC2023 has come to an end, the craze has temporarily subsided, and Bitcoin will continue to move forward.

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** Less than a year away from the halving of Bitcoin, is the cycle theory still reliable? **

Don’t be superstitious about cycle theory, it can only be used as a reference for your investment decision-making.

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cool stuff

A brief analysis of the mechanism of Tenet, the pioneer of the re-pledged public chain: how to play LSD at the chain level

Tenet supports staking LSD tokens to become a blockchain verifier, improving chain security through “re-pledging”.

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A quick overview of the money market protocol Dolomite on Arbitrum

Dolomite fully integrates GLP and does not charge users any GMX ecological benefits.

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Glance at the hot trends and key projects of the Ethereum Montenegro Conference

Industry trend outlook and key project inventory at the Ethereum Montenegro Conference.

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Industry Observation

Key points｜A quick reading of the revised version of Hong Kong’s “Guidelines for Combating Money Laundering”

The Hong Kong Securities Regulatory Commission issued the “Guidelines on Combating Money Laundering” (applicable to licensed virtual asset service providers).

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**The founder’s personal statement: what will the future of Synthetix look like? **

The new Synthetix plan options described in this article include transaction incentives, SNX passive pledge design, treasury funding arrangements, ecological foundations and many other key issues.

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**Compliance Guide for DeFi Entrepreneurs: How can DeFi platforms comply with current laws? **

Under the current US legal framework, it is difficult for DeFi platforms to escape the supervision of SEC or CFTC.

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GitHub founder to entrepreneur: Remember to maintain moderation, survival is a necessary condition for success

There are three main points in starting a business, one is to save money, the other is to save money, and the third is to save money.

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The mysterious address of the “Super Back Finger” with 8 consecutive defeats has been shot again today

“As long as you don’t give up, being right once is enough.”

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Column article recommendation

After the Multichain Fud incident, this article teaches you to identify native assets

How to judge which U on the chain is the official issued native asset, and how to determine its cross-chain bridge support?

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One article to understand the development of the Web3 task-based marketing tool track and the final battle

This article will gain insight into the development status and trends of the field of Web3 task-based marketing tools, so as to predict the final pattern of its platform.

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Data analysis on Sui chain: TVL, TPS and node distribution, etc.

Sui is a veritable high-performance Layer 1 public chain with a high degree of decentralization of verification nodes.

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**Discuss the evolution of the stablecoin market: why USDT always ranks first? **

Stablecoin competition is an endless topic. In the second decade when the industry is faltering forward, we hope that the market can give an answer. In the end, we should have what kind of stablecoin we should have.

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Ten unmissable news this week

1. The Hong Kong Securities Regulatory Commission has updated the frequently asked questions on combating money laundering and terrorist financing, listing 2 frequently asked questions and answers on virtual assets
2. Worldcoin completes $115 million in Series C financing, led by Blockchain Capital
3. Binance: Deposits for 10 bridge token networks will be suspended pending clarification from the Multichain team
4. Ethereum core developer executive meeting: the full scope of Dencun will be determined in the next few weeks
5. Neutron announced the token NTRN issuance plan, which will be airdropped to Cosmos Hub pledgers
6. Huobi launches Huobi Hong Kong Station Huobi HK
7. US Bitcoin Corp will manage the restructured Celsius mining sector and will receive an annual fee of US$15 million for the management of Celsius mining assets
8. DCG will close its trading arm TradeBlock on May 31
9. Meta will conduct a new round of layoffs on Wednesday, affecting 6,000 people
10. The French Legislative Council passed new regulations restricting social media KOLs from promoting unregistered cryptocurrencies