EIA refined oil production in the U.S. for the week ending July 18

In the Web3 era, on-chain structure visualization is becoming a new trend in the field of security. This innovative approach no longer relies on traditional centralized auditing models but empowers every ordinary user with risk control capabilities. Through a tool called Intel Desk, community members are able to collaboratively track anomalies in project structures, timely identifying potential manipulation behaviors. The application of this collective intelligence not only enhances the efficiency of risk identification but also provides participants with opportunities to earn rewards. This "investigation as mining" mechanism may become the future paradigm of on-chain collaboration. Currently, there is a token that is seen as the fuel for this collaborative network structure, priced at approximately $0.075. Analysts believe that if this collaborative economic model is accepted by the mainstream market, the token could experience significant growth. This community-driven risk control approach is challenging traditional centralized auditing models. It not only enhances the transparency of risk management but also strengthens the security of the entire ecosystem. As this model becomes more popular, we may see more innovative applications based on community wisdom emerge in the Web3 space. In the future, the security of blockchain will no longer rely solely on a few specialized institutions, but will be maintained by the entire community. This decentralized risk control model not only aligns with the core principles of Web3 but also provides new possibilities for building a safer and more transparent digital economic environment.

Ethereum Pectra Upgrade: Three Major Directions to Lead Future Development Recently, Ethereum successfully completed the Pectra upgrade, which laid a new foundation for Ethereum's future development in three key areas: Staking, L2 scalability, and account abstraction. Let's take a look at the core highlights of this upgrade. 1. Staking mechanism optimization This upgrade raises the staking limit for a single validator node from 32 Ether to 2048 Ether, bringing two significant impacts: 1. Improve the efficiency of Staking deposits and withdrawals In the past, Ethereum set the single-node staking limit at 32 ETH to maintain decentralization. However, this also led to the problem of long queue times for deposits and withdrawals during network peak periods. The new limit will significantly improve fund flow efficiency, especially during peak periods like bull markets, effectively alleviating queue pressure. 2. For

The emergence of BitVM technology has brought new opportunities to the Bitcoin ecosystem. The Finality Bridge enhances security through smart contracts and zk-SNARKs technology, reducing reliance on third-party trust and promoting Bitcoin's development towards higher scalability and programmability. Users can safely participate in decentralized finance activities through this bridging method, and despite facing challenges, it injects vitality into the future development of Bitcoin.

Macroeconomic Weekly: Concerns about Economic Recession Intensify, Market Trading Logic Shifts 1. Current market trading logic: recession expectations dominate, stagflation risks are emerging. The interest rate market signals show that the 2-year U.S. Treasury yield has quickly declined, widening the gap with short-term financing rates, while the 10-year yield has fallen below short-term rates. This reflects that the market is pricing in an economic slowdown and the Federal Reserve being forced to cut rates, while the inversion of long-term rates also strengthens the recession warning. Despite the marginal improvement in dollar liquidity driven by the consumption of the U.S. Treasury account, market risk aversion has led to a withdrawal of funds from high-risk assets and a surge into the Treasury market, creating a paradox of "liquidity easing but a contraction in risk appetite." 2. Root causes of volatility in risky assets: Weak economic data and policy uncertainty The consumer confidence index has sharply declined, the job market is cooling down, and factors such as tariff threats have intensified concerns in the market about an economic "hard landing." Artificial

The 22nd China International Digital Interactive Entertainment Exhibition will be grandly opened in 2025. On June 24, 2025, the 22nd China International Digital Interactive Entertainment Exhibition ( ChinaJoy ) press conference was held in Shanghai. It was announced at the conference that this year's ChinaJoy will be held from August 1 to August 4 at the Shanghai New International Expo Center. Relevant leaders from the China Audio-Video and Digital Publishing Association, the Shanghai Municipal Propaganda Department, and the Propaganda Department of the Pudong New Area Committee attended the press conference and delivered speeches. Wan Fangyu, General Manager of Shanghai Hanwei Xinheng Exhibition Co., Ltd., hosted the press conference and introduced the scale, highlights, and concurrent activities of this year's ChinaJoy. Exhibition scale and participating companies This year's ChinaJoy has the theme "Gathering What You Love", with a total of 743 companies registered for the exhibition, including 237 foreign-funded enterprises from 37 countries and regions, accounting for 31% of the total.