BroadChain News, April 25, 10:02 AM - The KelpDAO incident continues to escalate, sparking industry reflection on decentralized governance mechanisms. Meanwhile, this week's Hong Kong Web3 Conference has become a core narrative, attracting global practitioners' attention.
MicroStrategy's STRC preferred stock has fallen below its $100 face value, rendering its high-interest strategy ineffective and halting its Bitcoin purchasing engine. Market marginal buying power is nearing exhaustion, challenging Saylor's "perpetual motion machine" model.
OpenAI has released the GPT-Image-2 model, topping the LM Arena leaderboard with a score of 1512, achieving a generational leap. The model possesses strategic-level visual intelligence, capable of autonomously conducting research, design, and multilingual layout, disrupting traditional design workflows.
After Apple CEO Tim Cook's retirement, his successor faces a heavy "AI debt." Apple has made slow progress in the field of artificial intelligence, with a fragmented organizational structure, and currently relies on competitor Google, putting it in a passive position.
If Trump loses the House of Representatives in the midterm elections, crypto policy will shift to being driven by executive orders, and the core legislative window is closing. The industry is pushing forward with legislative efforts to secure opportunities for certainty.
Bitwise is optimistic about Bitcoin's performance in the second half of the year, believing that AI and regulation will drive a new wave of altcoin hype. Investment guru Jeremy Grantham warns that current market conditions resemble the 2000 bubble, and AI cannot save U.S. stocks.
Veteran traditional finance figure Fu Peng states that future asset allocation will be "traditional finance + cryptocurrency." A McKinsey report predicts that stablecoins are about to enter a $4 trillion era, with six major markets potentially becoming new fintech hotspots.
VCs are cautious about crypto investment in 2025: 84% of 118 tokens have fallen below their issue prices, and narrative-driven valuations are collapsing. The true winners have captured the fast-growing RWA market, with core competitiveness lying in enterprise-level sales and integration depth.
AngelList co-founder Naval Ravikant is leading a new fund, USVC, offering investment opportunities in unlisted growth companies like OpenAI and xAI with a minimum investment of $500, opening up private markets to ordinary investors.
Prediction market giants Polymarket and Kalshi have almost simultaneously announced their entry into the perpetual contracts space, extending the battle to broader derivatives markets. The Ethereum Meme season is back, with mascots, aliens, and "sock people" reigniting the hype.
The Hong Kong Web3 Conference reveals that the industry has entered a "hell-level" growth phase, with a large number of mediocre market makers and "tourist" investors being weeded out, leaving behind deep participants. Reviewing 20 hacking incidents, the vulnerability of the crypto world lies in the fact that protocol flaws can jeopardize the entire ecosystem. After AAVE was impacted, Spark attracted $1.3 billion in funds against the trend, and its successful approach is worth learning from.