In 2024, the Web3 field will face multiple trends, including the rapid development of Ethereum Layer 2 networks, the rise of modular blockchain, and the potential release of Bitcoin finance. The continuous emergence of innovative projects and technologies will bring new opportunities to infrastructure, game finance, AI integration, social monetization, and the DeFi derivation market.

The manipulation of events by the Oracle Machine raises the question: Can AI solve the problem of truth determination?
Recently, a prediction market about Ukrainian President Zelensky's attire has sparked widespread discussion. This market, with a trading volume of up to $200 million, exposes serious flaws in the artificially controlled Oracle Machine system. When the profits from manipulation exceed the costs, the facts become commodities that can be bought at a high price.
Zelensky's attire at the NATO summit became the focus of attention. Although mainstream media widely reported that he wore a suit, a certain Oracle Machine system gave a negative answer to the prediction of "Did Zelensky wear a suit in July?" This result did not stem from a lack of facts or evidence but rather because some people controlling the Oracle Machine bet large sums of money on the "no" option, distorting reality through their voting power while bearing almost no substantial risk.
This incident reveals the fundamental issue of human-controlled Oracle Machine systems: human bias. Some large holders

Global macroeconomic turmoil presents a good opportunity for allocation in the crypto market.
In February, the global economic landscape, especially the macro financial environment in the United States, underwent a dramatic transformation.
U.S. inflation data rose, and consumer confidence fell to a 15-month low, raising concerns in the market about a recession in the U.S. This prompted traders to start repricing expectations for an economic downturn, leading to a rapid decline of the three major U.S. stock indexes to near the 120-day moving average.
In this case, funds began to seek refuge. The yield on the 10-year U.S. Treasury quickly fell, and the gold market also showed signs of peaking.
Affected by the performance of the US stock market, Bitcoin experienced a significant decline in the last week of February, setting the record for the largest retracement and the biggest weekly loss in this cycle.
Analysis suggests that this round of market activity is essentially a reversal of the previous "Trump trade" pricing. Considering the self-adjusting ability of U.S. policy and the medium to long-term development prospects of the crypto market, the current situation may be more favorable for Bitcoin in the medium to long term.

Sui Developer Relations Head Brian Hennessey-Hsieh shared how Sui supports the developer community, emphasizing the importance of open collaboration and transparency. He encouraged developers to delve into relevant theories and urged community members to develop tools. The Sui team is dedicated to accelerating developer learning, promoting technological applications, and exploring innovative solutions to achieve Decentralization.

JD.com has launched a stablecoin project in Hong Kong, marking a new era for digital money. The project aims to enhance cross-border payment capabilities and has entered the sandbox testing phase. The JD.com stablecoin is pegged to the Hong Kong dollar, ensuring transparency and fast settlement through blockchain technology, and is expected to bring significant strategic value to financial technology. The regulatory framework in Hong Kong supports the development of stablecoins and is actively attracting international participants, while the regulation of stablecoins is also accelerating globally.

The current status and future development of prediction markets.
Prediction markets can be divided into two main camps: non-sports and sports. Non-sports markets have not yet been fully developed, mainly involving areas such as cryptocurrency, political events, and cultural events. In this field, a well-known platform has emerged as a leader with its political event prediction market.
In terms of overall trading volume from the beginning of the year to now, if we consider the sports market, the performance of certain sports betting platforms may be more prominent. Currently, multiple competing projects have been launched, each operating on different blockchain networks and offering unique prediction market services. At the same time, a number of projects are under development, aiming to provide users with a more diversified prediction experience.
Emerging teams focus on themes such as the creation of permissionless markets and incentive mechanisms, as well as solutions for market settlement or building more efficient systems using artificial intelligence. These directions are also repeatedly emphasized by users.

Recently, several important events have emerged in the DeFi space, including the sUSD de-pegging, veCAKE governance attack, BUIDL rise, the US repeal of the DeFi broker bill, and the launch of Uniswap Liquidity Mining. Additionally, the Euler protocol, Cosmos IBC upgrade, AaveDAO buyback, and Berachain ecosystem updates have also garnered attention, reflecting the ongoing evolution and innovation of the DeFi ecosystem.

SVM technology is driving innovation in the blockchain execution environment to address scalability and user experience issues. SOON, Solayer, and Sonic are promoting the development of SVM from the perspectives of cross-chain deployment, hardware acceleration, and blockchain gaming applications, meeting the demands for high concurrency and low costs, signaling a reconstruction of blockchain infrastructure and an expansion of application scenarios.

The Bitcoin mining firmware market is moving from the fringes to core competitiveness, with approximately 56% of global computing power using non-manufacturer firmware, and open source solutions are gradually rising. The combination of ASIC hardware and mining pool software will enhance efficiency and drop costs. In the future, there will be greater emphasis on software capabilities and the flexibility of open source systems.

Envisioning Ethereum 2030: A World Ledger with Parallel Tracks of L1 and Rollup
Ethereum is committed to maintaining trust and neutrality while fostering higher-level innovations. Early discussions outlined a roadmap centered around Rollups, where the underlying network will gradually simplify and solidify so that most activities can migrate to L2. However, recent developments indicate that merely serving as a minimal consensus and data availability layer is insufficient: L1 must have the capacity to handle traffic and activities, as this is the foundation upon which L2 ultimately relies. This means a need for faster block generation speeds, lower data costs, stronger proof mechanisms, and better interoperability.
The increase in activity on L1 will drive the growth of activity on L2, which can be likened to a rising tide lifting all boats.
The upcoming reconstruction of the Beam Chain consensus mechanism aims to achieve faster final confirmation speeds and lower validator thresholds, while enhancing the original throughput.

Matthew Sigel from VanEck proposed the concept of "Bitcoin Bonds", which combines U.S. Treasury bonds and Bitcoin exposure, aiming to meet the $14 trillion refinancing needs. The bond has a 10-year term, with 90% in Treasury bonds and 10% in Bitcoin, which can drop financing costs. However, it also faces challenges related to investor risks and implementation details.

The development of Bitcoin technology has made significant progress through SegWit, Taproot upgrades, and the Ordinals protocol, driving applications such as NFT and token issuance. Currently, future development directions include Layer 2 scaling, enhanced smart contract capabilities, privacy protection, and cross-chain interoperability, laying the foundation for the arrival of the Web3 era.

Ethereum is committed to building a Decentralization platform and has made progress on both technical and social levels. Scalability mainly relies on the layer 2 network (L2), facing challenges of scale and heterogeneity. To ensure the value accumulation of ETH, it is necessary to enhance the scalability, interoperability, and security of L1 and L2, and promote broader community participation.

Manus AI: Redefining Automation and Productivity
1. Introduction to Manus
Manus AI is the first general-purpose AI agent capable of autonomously executing tasks across the entire blockchain. The product name "Manus" comes from the Latin word for "hand," symbolizing that AI not only possesses intelligent thinking but can also translate thoughts into actionable results. This product marks a qualitative change in the AI field from "auxiliary tools" to "executing entities," with powerful capabilities for tool invocation, enabling it to autonomously complete the entire process from task planning to execution, including document processing, data analysis, code writing, and content creation. The emergence of Manus signifies the evolution of AI from a "conversational tool" to a "digital employee," redefining automation and productivity. Currently, Manus is still in the internal testing phase and requires an invitation code to use.
2. Core Technology Architecture and Innovative Highlights
Highlight 1: Three

Meme Coins, as a unique presence in encryption assets, attract a large number of investors due to their internet culture and high yield potential. Since the market warmed up in May 2024, the attention of institutional investors has significantly risen, with liquidity-rich DOGE and SHIB being particularly favored. However, the risks and challenges of Meme Coins cannot be ignored, including market manipulation and unclear regulations, so investors need to assess cautiously.

The crypto assets industry faces serious transparency issues, making it difficult for investors to assess project quality, and there is a risk of the market becoming a "lemon market." To improve the situation, industry insiders recommend establishing a token transparency framework, enhancing project transparency through public self-disclosure standards, attracting more investment, and promoting healthy industry development.

The Carnival and Reflection of Meme Coins: 2025, is it a story or a bubble?
The emergence of Meme coins can be seen as a "cultural experiment" in the crypto world: how much value can a joke create? How big of a stir can a humorous quip cause in the financial world? From $DOGE to $SHIB, and now to this year's astonishingly profitable $Neiro, these seemingly "nonsensical" coins continuously reshape people's understanding of the narrative power of Meme coins.
In 2024, despite the market being filled with uncertainties, the Meme coin market remains exceptionally lively. It is not only a symbol of entertainment within the crypto circle but has also become a paradise for speculators and a barometer of market sentiment. Upon delving into the reasons behind the explosive price surge, we will find that there is a logic, both familiar and unfamiliar, driving this carnival: Meme culture, market sentiment, and technical narratives are redefining the value boundaries of Meme coins.
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The airdrop mechanism of blockchain is undergoing transformation, and the airdrop controversy between LayerZero and ZkSync reveals the issues with the current mechanism and the direction of future development. Airdrops increasingly focus on users' genuine contributions, the rules are becoming more complex, and the anti-witch-hunt mechanism is gradually becoming the norm. The project party needs to find a balance between attracting users and ecological protection to promote the healthy development of the industry.

In 2022, despite the downturn in the crypto market, investors continued to support Web3 startups. This overview summarizes 53 companies that demonstrate potential, covering areas such as infrastructure, Decentralized Finance, NFT, and highlights their importance in shaping the decentralized internet and digital economy.