Mainnet Launch

Text U.S. banking regulators are developing a more relaxed and transparent framework for banks participating in cryptocurrency activities. Recently, the acting chair of the Federal Deposit Insurance Corporation (FDIC) elaborated on the agency's evolving stance on crypto-related activities at a banking industry summit. A key area that the FDIC is reviewing is the interaction between regulated banks and public permissionless blockchains. While regions outside the United States have long allowed banks to use public chains, U.S. regulators have been more cautious. The FDIC now believes that a complete ban on the use of public blockchains is too strict, but appropriate safeguards are still needed. The agency is evaluating the existing cross-institutional guidance to develop long-term standards for the responsible use of public networks. It is also considering whether public chains can operate in a permissioned model. Regulators must assess how to define and regulate blockchain configurations that blur the lines between open and permissioned environments.

The article discusses the role and misconceptions of trading systems in investment, emphasizing that there is no system that guarantees absolute profit; success relies on execution and suitable strategies. The key to evaluation lies in the risk-reward ratio, and the system should include elements such as cycle judgment, coin selection, and risk control. Ultimately, a trading system is a tool, and investors need to continuously optimize it based on their own circumstances.

The newly proposed stablecoin legislation, the GENIUS Act, aims to enhance transparency and credibility, stipulating 1:1 asset reserves and information disclosure, and clarifying regulatory and compliance requirements. This will strengthen the legitimacy of stablecoins, promote the development of Blockchain technology, bring new opportunities to the Crypto Assets market, and consolidate the dominance of the US dollar.

Bitcoin 2023 Annual Review: Key Trends and Breakthrough Developments Introduction 2023 is one of the most important years in Bitcoin's history. Bitcoin Ordinals have introduced a brand new concept and sub-market. Bitcoin's layer two networks, sidechains, and scaling solutions have regained market attention. Traditional financial institutions are starting to view BTC as a formal asset class, with multiple institutions submitting spot BTC ETF applications that are expected to be approved in early 2024. More importantly, BTC seems to be gradually recovering from the most severe bear market in the crypto space, becoming stronger after events like Luna and FTX. Overall, the current state of Bitcoin is exciting. This report will focus on several key trends and areas of Bitcoin in 2023. It should be noted that this is not a comprehensive overview of all developments in Bitcoin for 2023.

Inscription Protocol Explained: Understanding Principles and Asset Security Recently, several mainstream trading platforms have launched inscription markets, supporting various inscription protocols such as BRC-20 and EVM, attracting widespread attention to inscriptions in the market. However, due to the complexity and novelty of inscription protocols, various security issues have emerged, which not only threaten user asset security but also negatively impact the healthy development of the entire inscription ecosystem. To help users understand the purpose of the inscription protocol, how it is implemented, and how to protect inscription assets, this article will summarize the mainstream inscription protocols. Inscription Introduction Inscription on the blockchain is a way to record information with specific meanings on-chain, utilizing the characteristics of blockchain. Once this information is written to the blockchain, it is permanently stored and difficult to alter. The types of information that can be recorded are diverse, including simple text, complex code, images, etc., thereby enabling digital asset functionalities. inscription status BRC-20 proportional