Weekend Recommended Reading: The Hong Kong Monetary Authority Launches the Digital Hong Kong Dollar Pilot Project, Reviewing the Most Controversial Moments in NFT History

Editor's Choice

The Dark Side of NFTs: Those Most Controversial Moments in NFT History

Some people are devastated, some people are reborn from Nirvana.

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Creator of ChatGPT, and a world currency dream

Sam Altman founded two companies, one is OpenAI, the other is Worldcoin.

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**Crypto Legend Raises $6.9M on memecoin: Who the hell is Ben? **

Ben is a master of the attention game, but there is an end to the game.

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cool stuff

Bitcoin ecological new force: Bitcoin 2023 Pitch Day project inventory

Wallets and DeFi are the main theme of this Pitch Day.

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10 million STARK budget, a quick look at the 67 awarded projects in the first round of Starknet Early Adoption Grant

Follow the steps of the Starknet Foundation to explore 67 projects in the Starknet ecosystem. Among the application projects, 64% of the projects successfully obtained grants, but there are also many projects that have received grants with a low degree of completion and a relatively small number of users.

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A list of 18 new DeFi, Web3 games, and tools projects launched recently

The concepts or protocols involved include BRC-20, Uniswap, P2E, Internet Computer, Arbitrum, Polygon, etc.

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Industry Observation

**What are the most active crypto VCs investing in? **

DeFi is most popular with VCs, followed by GameFi and blockchain infrastructure.

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Cyber Capital founder: Don’t just rely on L2 for Ethereum expansion

It is a dangerous idea to rely solely on L2 to achieve expansion.

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Wang Ye, University of Macau: Allocation Inefficiency, MEV, and Private Transactions in Public Blockchains

Private transactions can neither completely eliminate the risk of being attacked nor reduce market fees.

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Column article recommendation

Hegemony, shady, collapse: 13-year history of the rise and fall of encrypted exchanges (Part 1)

The infinite war of crypto exchanges.

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Crypto, dopamine and consumerism

The self-consistency of behavior and concept is the most free state.

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**Supreme inspection issued a new article: How is the legal attribute of NFT set? **

On May 15, the Supreme People's Procuratorate published an opinion article on its official website titled "The Legal Attributes and Risk Governance of "NFT" in the Background of the Digital Economy". This article will take you through the important points.

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BTC NFT ecological overview: development status, trading market and value analysis

At present, the blue chip project of BTC NFT has not yet determined the pattern.

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Ten unmissable news this week

1. Hong Kong Monetary Authority: Digital Hong Kong Dollar Pilot Program Launched
2. Bloomberg: HashKey plans to raise $100-200 million at a valuation of over $1 billion
3. Qiming Venture Partners completed the seventh round of RMB fundraising, with a scale of RMB 6.5 billion
4. Lido's new proposal intends to introduce the LDO pledge module and repurchase plan
5. The GMX V2 testnet is open to the public
6. LayerZero Launches $15 Million Bug Bounty Program
7. Curve's native stablecoin crvUSD has deployed UI and officially launched
8. Ripple launched the Ripple CBDC platform, allowing central banks, governments and financial institutions to issue digital currencies
9. Informed sources: South Korea’s virtual asset user protection bill may be passed this month, which will grant the Golden Commission supervisory power
10. Council of the European Union unanimously approves the Regulation on Markets in Cryptoassets (MiCA)