链捕手 ChainCatcher
471Followers650Articles
Discussing L1 Value Capture from Two Solana Proposals
Solana's SIMD 550 and SIMD 553 proposals are about to be voted on, reigniting the debate on L1 token valuation. From asset pricing theory to revenue quality, this article proposes a standard model: only fees burned or distributed to stakers accrue value, and inflationary rewards are not revenue. Revenue quality is more important than quantity—identify sustainable fees to determine the true value of the token.
链捕手 ChainCatcher
MarsCoin 引爆 BNB Chain：Meme 币进入 RWA 时代？
未来 Meme 币的竞争，可能不再只是争夺注意力，而是争夺如何将注意力转化为真实资产价值。
链捕手 ChainCatcher
Fidelity Q3 Report: BTC, ETH and SOL Continue to Bottom, How Far Will This Crypto Bear Market Go?
Fidelity Digital Assets report: Bitcoin dominance rises to 68%, but Q2 saw BTC, ETH, SOL decline 14%, 25%, 12% respectively. Market-weighted NUPL turned negative; Bitcoin becomes the only profitable asset. Ethereum and Solana deeply in loss, multiple on-chain indicators hit historical bottom zones. Fidelity gives positive signals. Market bottoming or under continued pressure?
链捕手 ChainCatcher
5 executives changed in one month: What is Coinbase restructuring?
Coinbase's leadership undergoes intensive reshuffling, replacing five positions in legal, policy, and technology, while simultaneously advancing stocks, perpetual contracts, and AI agent finance to address declining trading volume and regulatory transformation.
链捕手 ChainCatcher
New Banking Industry Truth: 368 Operating, Only 127 Licensed, Countless Silent Deaths Behind Funding Rounds
368 companies, three structurally distinct waves (254 traditional challenger banks, 58 fiat and crypto hybrid apps, 56 web3 native apps), with 106 infrastructure providers at the base, and 219 investors behind them.
链捕手 ChainCatcher
The Strange AFX Theft: Audit Report Full of Holes, Suspected Company Behind It Is Crypto Exchange Phemex
Decentralized perpetual contract exchange AFX's cross-chain bridge was hacked, over $24 million stolen, audit report full of holes, relationship with Phemex suspicious, truth of the incident to be revealed.
链捕手 ChainCatcher
Base Founder Admits Mistake: We Bet Right on Developers, but Wrong on Social
Base founder Jesse Pollak admits the social experiment failed, abandons Base App, focuses on building a global financial blockchain. The rise of Robinhood Chain brings positive pressure, can Base reposition itself?
链捕手 ChainCatcher
Circle CEO 万字长文：当 AI 遇上区块链，我们熟悉的“公司”即将解体
区块链与AI融合重塑全球金融，智能体经济催生链上公司，稳定币成为机器速度货币基础。
链捕手 ChainCatcher
Aave Departure, TVL Shock: Where Is MegaETH's Valuation Anchor?
MegaETH's total TVL plummeted nearly 60%, MEGA token dropped to $0.048, with a triple valuation-fundamentals mismatch. Is the star public chain's bubble bursting or value returning?
链捕手 ChainCatcher
Pantera Capital: As Perpetual Contracts Move Toward the Financial Hub, Hyperliquid Aims to Encompass Everything
Perpetual contracts are moving from the crypto fringes to the global financial center, Hyperliquid rises to challenge traditional exchanges, the CFTC formally embraces them, and the on-chain derivatives market undergoes a massive transformation.
链捕手 ChainCatcher
上线30天，币安股票业务搞得如何？
用户并非进行长期定投，而是偏好科技、AI、半导体等高波动、高叙事板块，交易逻辑更接近加密货币。
链捕手 ChainCatcher
学 Strategy 囤币的韩国公司，从牛市里走到退市？
韩国KOSDAQ退市新规7月生效，市值门槛提升至200亿韩元，持有比特币的DAT公司面临币价暴跌与KOSDAQ资金流失双重夹击，多家上市公司濒临退市危机。
链捕手 ChainCatcher
加密项目为何频繁改名？
品牌资产不如叙事热度？解析Story Protocol、TON等“改名换币”背后的流动性重置与历史逃避风险。
链捕手 ChainCatcher
A Company That Nearly Went Bankrupt Just Surpassed Bitcoin in Market Cap
SK Hynix's market cap overtakes Bitcoin, with HBM becoming a scarce asset in the AI era. A 13-year bet finally pays off, while the Crypto AI narrative faces a reality check.
链捕手 ChainCatcher
观点：不可能三角根本就是伪问题
区块链隐私的讽刺：最强密码学系统却守不住秘密，透明度成为一种税。MEV吞噬18亿美元，机构资金因隐私缺位迟迟不入场。合规隐私方案终于落地，将改变一切。
链捕手 ChainCatcher
Industry News
Market Trends
Curated Readings
Subscribe