Weekly Highlights丨Ethereum Genesis 10th Anniversary; Hong Kong Stablecoin New Policy Implemented; Crypto Market Correction, Altcoins Plummet

PANews Editor's Note: PANews has selected high-quality content from the week to help everyone fill in the gaps during the weekend. Click on the titles to read.

Ethereum's Decade

The 10th Anniversary of Ethereum Mainnet: From the Genesis Eight to the Key Figures of the Decentralized Community

Looking back at the ten-year development of Ethereum, from the Genesis Eight to the rise of the decentralized community, behind it is a group of idealistic and talented key figures.

A Decade of Ethereum

Ten years ago, it ignited the imagination of decentralization with a white paper. Ten years later, it remains at the core of the crypto world, but it is no longer the only stage.

Ethereum: A Decade of Narrative Transformation

What truly brings Ethereum to billions of users is not just what it can do, but what the real world chooses to do with it.

The 10th Anniversary of Ethereum's Genesis Block: The Myth of the World Computer in Progress

Looking back at the ten-year journey of Ethereum, the light boat has passed through countless mountains.

Ethereum Foundation: Defining the Next Decade with "Lean Ethereum"

How can Ethereum pursue extreme performance while adhering to the bottom line of security and decentralization?

For more content on the 10th anniversary of Ethereum, please check out the new special topic: The Tumultuous Decade of Ethereum

Hong Kong's New Stablecoin Policy

Interpreting Hong Kong's Stablecoin Application Guidelines: First Batch of Licenses Expected to be Issued Early Next Year, Holders Must Complete Identity Verification

Recently, the Hong Kong Monetary Authority released a series of supporting regulatory documents for the "Stablecoin Regulations," providing a clear application path and compliance standards for the stablecoin market, while also demonstrating Hong Kong's commitment to strengthening risk prevention while leaving policy space for stablecoin innovation. This article will outline the key points of the relevant stablecoin guidelines and delve into regulatory requirements and practical paths.

From Sandbox to Licensing: Understanding Hong Kong's Upcoming Stablecoin Policy in One Article

Get straight to the point about the implementation of Hong Kong's stablecoin policy; knowing these is enough.

With the Stablecoin Regulations Set to Take Effect, Hong Kong's Market is Abuzz

Since the passage of the stablecoin draft in Hong Kong, enthusiasm for stablecoins in the Hong Kong stock market has reached unprecedented heights.

Interview with Zheng Di: Will Hong Kong Replace Singapore as the Web3 Hub of Asia-Pacific?

"I believe Hong Kong has at least become the Web3 center of Asia and is moving towards becoming a global hub."

Macroeconomic Perspective

Full Text of SEC Chair’s "Crypto Plan" Speech: Financial Markets Fully On-Chain, Creating a Global Crypto Capital

Analyzing Hyperliquid's Whale Positions: Long-Term Bullish and Short-Term Bearish, Sticking to Mainstream but Bearish on Altcoins?

As of July 30, whales on the Hyperliquid leaderboard have opened positions worth $4.6 billion, with bulls dominating at $3 billion. However, beneath this seemingly optimistic overall data lies a starkly contrasting strategic divergence.

A Look Back at the 12-Year Evolution of Bitcoin's Market Share

Bitcoin has dominated the crypto market for 8 years, with its market share hovering around the 12-year average.

As the Market Enters Deep Waters, Opportunities and Divergences After New Highs in the Crypto Market

From capital flows and policy environments to the performance of various assets, this article dissects the bull market structure and answers the community's most pressing ultimate question: How much longer can the market rise? What other opportunities are there?

Macroeconomic Outlook for the Crypto Market in the Second Half of 2025: "Coin-Stock Strategy" Activates Market Enthusiasm, Sustainability to be Observed

The market is like a vast ocean; we cannot predict storms, only adjust our sails in the storm.

Interpreting the White House Digital Asset Report: The "Regulatory Bible" for Cryptocurrencies, Embracing DeFi and Innovative Financial Products

This "bible" may provide a framework for future crypto regulation.

U.S. Crypto ETFs Welcome Regulatory "Green Light": General Listing Standards Expected to be Implemented Within 60 Days, Which Projects Will Win?

U.S. crypto ETFs have received a regulatory "green light," and the market may welcome a new wave of listing enthusiasm. On one hand, the SEC has officially allowed the physical purchase and redemption mechanism for crypto ETFs, significantly enhancing trading efficiency and market liquidity; on the other hand, general crypto ETP listing standards are on the horizon, opening a fast track for crypto assets to enter the ETF market.

AI and Meme

Has Bittensor "Opened a Gas Station"? Examining the Listing Logic of xTAO from the TAO Mechanism

xTAO Technologies was listed on the TSX Venture Exchange in Canada on July 23, 2025, under the code XTAO.U. The company positions itself as the commercial "gas station" of the Bittensor ecosystem: operating verification nodes, connecting model services for enterprises, and assisting in deploying miner nodes, transforming on-chain TAO value into off-chain income.

When AI Meets Prediction Markets: The Trading Revolution of Kalshi Empowered by Grok

Polymarket attracts crypto-native users and international traders, while Kalshi is born for Wall Street.

From Fair Launch to Attention Capital Market, Web3 AI Primary Market Gameplay Faces Major Changes

In just one quarter, the Web3 AI field has switched from a fair launch model (Virtuals) directly to a medium-sized FDV strategy model (i.e., attention capital market).

With an Annual Revenue of 13 Million, Does Spheron’s "Revenue-Targeted Token Issuance" Set a New Benchmark for the AI Track?

With revenue established and the ecosystem running, will this standard become the norm for future AI infra track TGE?

In-Depth Analysis of Wayfinder: AI Agents Driving the Mass Adoption of DeFi

Making DeFi accessible to everyone.

The PANews account MEME Daily will select daily hot memes for readers to understand the state of the track.

Seizing Opportunities

PA Illustrated | A Visual Guide to Key Web3 Events to Watch in August

In August, the crypto industry continues to showcase multiple lines of policies, projects, and regulations.

The Next Virtuals? Understanding the Narrative Flywheel Behind Zora's 1000% Surge

Will the Virtual flywheel theory be replayed with ZORA?

With the "Fee Switch" Activated, Will the New Stablecoin Protocol RESOLV Become the Next ENA?

From the comparison of MC/TVL and FDV/TVL, RESOLV offers better value for money.

Leading NFT Surges a Hundredfold Monthly, Will BRC 2.0 Upgrade Ignite a New Round of BTC Ecosystem?

With the BRC 2.0 upgrade imminent, what are the popular Pre-BRC2.0 assets?

Kraken's Upcoming IPO: How to Seize This Opportunity?

Kraken's financing reignites IPO expectations; what targets should be focused on?

Web3 Matters

Interview with Ethena Founder: Unveiling the Growth Secrets Behind USDe's Rise to the Top Three in the Stablecoin Space

Guy Young reveals the reasons behind Ethena's rapid rise in the stablecoin space and his views on the current market landscape.

With the Return of Ma Ji Da Ge and Yi Neng Jing, Is the NFT Market Really About to Revive?

With the NFT market's trading volume warming up and a surge in buyers, is the apparent revival a sign of a true spring or just an illusion in the cold winter?

Interpreting the Solana BAM Block Assembly Market: When Speed is No Longer the Only Pursuit

Solana is already fast enough, and the trading volume is large enough. But is it really "enough"?

Chinese Tycoon Maneuvers BNB Treasury, Unknown Small Cap Stock Soars 600%

On July 28, after days of rumors, the BNB treasury "orthodox army" ultimately landed on a small nicotine vape company named VAPE—this previously sub-$10 million small cap stock unexpectedly became the lucky choice personally selected by the Chinese tycoon.

Kraken's Q2 Financial Report Highlights: Approximately 4.4 Million Users Contribute $412 Million in Revenue, New Services Including Kraken Debit Card Coming Soon

Q2 revenue and total trading volume grew by 18% and 19% year-on-year, with the number of funded accounts reaching 4.4 million, a year-on-year increase of 37%.