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1. The Japanese Cabinet Approves New Proposal: Allowing Venture Capital Firms to Directly Invest in Cryptocurrency and Web3 Startups link On February 16th, the Ministry of Economy, Trade, and Industry of Japan announced that the Japanese Cabinet has approved a proposal to add crypto currencies to the list of assets that local investment limited partnership companies can purchase or hold. If the revision of this law is realized, Japanese venture capital (VC) will be able to invest in projects that issue only virtual currencies, lowering the barriers for Japanese Web3 companies to raise funds and conduct business. Previously, Japanese venture capital firms were unable to directly invest in crypto assets. 2. South Korea’s Weekly Summary 2.1 Both Ruling and Opposition Parties in South Korea Make Favorable Commitments to the Crypto Market link Both the ruling party and the opposition party in South Korea have made favorable commitments to the crypto currency market as part of their electio...

Author: WuBlockchain According to statistics from RootData. A total of 98 investment projects in the crypto VC sector were publicly disclosed in December, showing a 4.3% increase compared to November 2023 (94 projects) and a 5.4% increase compared to December 2022 (93 projects). Note: Since not all financings are disclosed in the same month, the above statistics may increase in the future. The industry-level classifications are as follows: In December, among various tracks in the crypto market, the financing proportion for infrastructure projects is approximately 11%, DeFi about 17%, CeFi about 5%, NFT/GameFi about 14%, and L1/L2 about 11%. The total financing amount in December was $910 million, a decrease of 25.4% compared to November 2023 ($1.22 billion) and a 2.2% decrease compared to December 2022 ($930 million). The top 10 rounds by amount were as follows: Bitcoin financial services company Swan raised $40 million for expansion and $125 million for its own venture and priva...

1. Vitalik Buterin Contemplates a Redesign of Ethereum Staking, Applauds the UTXO Payment Model link On November 27th, Ethereum co-founder Vitalik Buterin, during a video blog interview with The Defiant at the Devconnect conference in Turkey, expressed his intention to redesign Ethereum staking and address all performance-related issues comprehensively. The Unspent Transaction Output (UTXO) payment system model received commendation for its characteristics. Vitalik shared his perspective on integrating various new protocols into the Ethereum codebase, with a particular mention of private mempools, the ERC-4337 account abstraction protocol, code precompilation, ZK-EVMs, and stateful staking. He indicated a preference for integrating protocols like ERC-4337, while cautioning a more careful approach for protocols like mempools. Vitalik also voiced concerns about the increasing centralization in Ethereum’s proof-of-stake model. 2. MicroStrategy Makes Another Purchase of 16,130 Bitcoins li...

Arthur Hayes recently observed a surge in funds flowing into AI, particularly favoring decentralized storage like Filecoin due to AI’s hefty computational demands. Despite industry enthusiasm, the practical experience for regular users, especially during the NFT craze, often involves slow loading or crashes on IPFS or Filecoin due to server congestion. Addressing these user experience issues could unveil promising projects. Imagine if accessing a small image stored on Filecoin could be significantly improved by caching it locally. Beyond decentralized storage, Meson Network quietly safeguards various Web3 infrastructures and applications. （This article is provided by Meson Network and does not represent the views of WuBlockchain） In this Analysis , we’ll explore Meson Network’s unique position, its foundational role, and its significance in addressing the bandwidth needs of the Web3 world. “Timeless Challenges in a Modern Era” This Analysis will explore Meson Network’s role in address...