ForesightNews

> Merchants always exchange value for profit, thereby playing a beneficial role.

Written by: Blockworks
Compiled by: Baishui, Golden Finance

The deception of commerce lies in speculation. Merchants always exchange value for profit, thereby playing a beneficial role.
- Andrew Carnegie

When asked about the competitive threat posed by the newly established Federal Steel Company, Andrew Carnegie scoffed that the company's real expertise was in "manufacturing stock certificates" rather than steel.

This dismissive comment symbolizes the boom of industrial "trust" stocks in the 1990s, which Carnegie believed were mostly unrelated to business and closely tied to speculation.

Of course, there are exceptions - the establishment of large companies in fields such as oil, sugar, and tobacco.

The core challenge of web3AI lies in trusted verification and computational frameworks, and the current predicament is similar to the initial vision of decentralization proposed by Crypto. It is crucial to solve issues like on-chain verification and data cleansing, and to build a verifiable computational framework. The application of AI in sensitive areas is limited by verifiability, and the development of Web3 AI needs to address this issue in order to achieve industry application promotion.

> Venture capital perspective under the AI boom: Roelof Botha discusses how to identify pseudo-rise, penetrate the bubble, and adhere to long-term value.

Compiled & Edited by: Daisy, ChainCatcher

Editor’s note:

In the context of the rapid development of artificial intelligence technology, AI investment continues to heat up, and the decision-making logic of venture capital is also constantly changing. In an exclusive interview with The Generalist podcast, Roelof Botha, Managing Partner of Sequoia Capital, shares his thoughts on judging the current market stage, the risks of AI investing, and how Sequoia can deal with decision biases internally.

He reflected on his time in

The newly released report from the Cambridge Centre for Alternative Finance shows that 52.4% of the Computing Power in the Bitcoin network comes from zero-emission energy, significantly surpassing the previous rate of 37%. The report points out that the Bitcoin network has low carbon intensity, high equipment recovery rates, effective methane reduction, and continuously improving Mining equipment efficiency. Additionally, the report indicates that the illegal use of Bitcoin is decreasing. These data provide a new understanding of the environmental friendliness of Bitcoin and offer a factual basis for relevant decision-makers.

> In the world of Web3, marketing is no longer just about attracting users; it is a key force in shaping and leading the market.

Written by: YBB Capital Researcher Zeke

1. Celebrity Coin, from Birth to Marketing

Warren Buffett has continued the charitable legacy of his late wife, Susan Buffett, with 23 years of persistence, transforming the admiration of a group of business elites into a globally renowned "time auction," creating the most iconic "lunch with a price tag" model in the history of human philanthropy.

The monetization of celebrity time is actually not uncommon in Web3, from the ancient Times New Bank to the later ones.

Unto Labs has completed a $14.4 million financing round, and its flagship project Thru aims to build the next generation Layer 1 Blockchain, enhancing performance and developer friendliness through ThruVM combined with RISC-V architecture. The core team members are experienced and committed to promoting the mainstream adoption of Blockchain. Thru's uniqueness lies in its innovative Virtual Machine design, emphasizing compatibility and scalability, and striving to expand the application scope of Blockchain technology, injecting new vitality.

> Solana and Ethereum are gearing up for the dividends of this transformation.

Written by: Oliver, Mars Finance

Yesterday, global asset management giant BlackRock dropped a bombshell: it plans to put its money market fund of up to $150 billion on-chain through "DLT Shares" (Distributed Ledger Technology Shares), using blockchain technology to record ownership. This news hit the calm surface of the lake like a boulder, causing ripples in the fusion of traditional finance (TradFi) and Web3. BlackRock manages $11.6 trillion in assets, and its CEO Larry Fink has boldly stated, "Tokenization is the future of finance." Now, this Wall Street giant is taking concrete steps to fulfill that promise by integrating massive traditional financial assets.

> In two days, it achieved a volume of 140 million dollars. From "Believe in Someone" to "Believe in Something", what kind of platform is Believe?

Written by: KarenZ, Foresight News

Clout, an application that once became extremely popular in the SocialFi field, is now rebranded as Believe.

As an early attempt to capitalize on social influence assets, Clout's core logic is to allow users to monetize their influence. However, issues such as excessive reliance on the individual influence of issuers and overly speculative market conditions have severely restricted Clout's further development.

In light of this, Clout founder Ben

According to Bloomberg ETF analysts, the approval date for many crypto-asset ETF products is still between the third and fourth quarters, and the decision to postpone seems to be in line with the SEC's usual practice. Currently, about 72 crypto ETF applications are awaiting approval from the SEC, but a decision is unlikely to be made before SEC Chairman Paul Atkins takes office. This action means that the SEC may be expected to develop a strategy.