Recommended reading of the week: 22,000-word research report comparing Move's twin stars Aptos and Sui, 2025 Global Stablecoin Industry Development Report; AI reasoning platform Gaia completes $20 million seed round and A round financing, led by Mantle and others

Cover: Photo by Debby Hudson on Unsplash

This 22,000-word research report was written by Jesse, a researcher at Web3Caff Research. It systematically analyzes Aptos and Sui, two Move public chains with the same origin but different paths, and conducts five in-depth analyses around their development paths, technical architectures, and ecological evolution:
① How do Aptos and Sui diverge in terms of resource models, security mechanisms, and parallel execution paths?
② Which dominant application scenarios are Sui's object paradigm and Aptos' pipeline execution model suitable for?
③ How do the two new consensus protocols, Mysticeti and Raptr, break through the performance bottleneck of traditional BFT?
④ Why does the development of the on-chain ecosystem present “high-frequency interaction but differentiated income”? How to judge the real user’s willingness to pay?

We have also included a Move technology comparison chart, Sui vs Aptos performance data table, ecological path map, on-chain payment willingness analysis table, etc.

Recently, the U.S. House of Representatives passed three crypto-related legislations, the CLARITY Act, the GENIUS Act, and the Anti-CBDC Surveillance State Act. This not only marks the first time that the United States has established a national regulatory framework for stablecoins, but also sends a clear signal that stablecoins are moving out of the gray area and into the fringe of the mainstream financial system. This article discusses this for you.

The House of Representatives recently passed an important new “market structure” bill, the CLARITY Act, with an overwhelming majority (294 votes in favor and 134 votes against). This bill will establish a clear regulatory framework for the digital asset market. The bill has now been submitted to the Senate for deliberation, and the Senate is developing its own version of market structure legislation. Bibi News will explain it to you through this article, please read it quickly.

In blockchain, money is earned by deciding which transactions to include in a block, which to exclude, or by adjusting the order of transactions. The maximum value that can be earned is called "maximum extractable value", or MEV for short. MEV is common in most blockchains and has been a topic of widespread concern and discussion in the industry. This article will provide you with an in-depth discussion, so please read it quickly.

Depending on the different charges and specific circumstances of the case, lawyers’ defense opinions on “technological neutrality” are often personalized. The defense ideas for the client’s behavior itself are specific, but what really determines the depth of the defense is the foundation behind it. This article will start with typical cases at home and abroad, and systematically sort out the historical evolution and judicial evolution of the principle of technological neutrality for you.

On July 17, Base officially held the A New Day One event. From the reshaping of the brand logo to the expansion of the ecological architecture, from the super application with functional aggregation to the ecological layout covering multiple fields, Base is no longer limited to the positioning of a single chain, but has been upgraded to an open stack covering the chain layer, tool layer, and super application layer. This article discusses this for you, please read it quickly.

What lessons can be learned from the 80-year history of artificial intelligence (AI)? During this period, funding has risen and fallen, research and development methods have varied greatly, and the public has been full of curiosity, anxiety, and excitement. This article will give you an in-depth discussion, please read it quickly.

In the first half of 2024, "re-staking" once became a core topic sweeping the crypto ecosystem. Projects such as EigenLayer emerged one after another, and re-staking blossomed everywhere. However, now the two leading projects in the track have chosen to transform. The once hot "re-staking" has now reached a turning point. Does it indicate that this track is becoming ineffective? This article discusses it for you, please read it quickly.

The regulatory compliance of crypto assets continues to heat up around the world, and countries have gradually strengthened the exchange and tracking of tax information on on-chain assets, overseas accounts and cross-border transactions. This article will discuss the tax logic in various scenarios such as exchange compliance, DeFi, mining, airdrops, etc., focusing on hot topics such as global tax compliance of crypto assets, tax arrangements and regulatory games.

Stablecoins are accelerating their position as infrastructure in the digital financial system. As the scale of circulation increases, major jurisdictions are also accelerating their regulatory layout, trying to take the lead in institutional reshaping. Although the United States, Europe, and Hong Kong all emphasize "compliance first", they have gradually moved out of the regulatory paradigm of three differentiated paths in terms of institutional design, market positioning, and technology integration. This article discusses it for you.

10 news items worth watching this week

• Fogo launches high-performance Layer 1 SVM chain public beta network

• Circle Launches Circle Gateway

• FTX will launch a new round of debt distribution on September 30

• FTX Hearing Minutes

• Ethereum Validator Queue Exits Nearly $2 Billion

• Ethereum Launches The Torch NFT to Commemorate Its 10th Anniversary

• The chairman of the US SEC said that the agency is considering introducing an innovative exemption policy to encourage the development of asset tokenization

• The White House's first encryption policy report will be released on July 30

• Azuki and OpenSea Collaborate to Release Mizuki Short Film ERC-1155 Collectibles

• AI reasoning platform Gaia completes $20 million in seed and Series A financing , led by Mantle and others

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