BSquared Network (B^2 Network) is a leading Layer 2 project on BTC, successfully introducing smart contracts to BTC, which unlocked Bitcoin’s $832 billion market potential. The project provides a new platform for innovative applications in the BTC ecosystem such as DeFi, NFTs, BTC derivatives, and more.

As we approach the end of 2023, on the eve of Bitcoin's halving, we present this report to reflect on Bitcoin's past, evaluate its current state, and look forward to its promising future.

Polyhedra Network is excited to present the Bitcoin messaging protocol with zkBridge that aims to significantly improve the interoperability of Bitcoin. This initiative is designed to make the Bitcoin network interactable with other layer-1 and layer-2 networks.

However, we have found that the concept of co-processors is still relatively unfamiliar to most people, especially when it comes to the precise positioning of co-processors — what they are, what they are not, is still somewhat unclear. There has yet to be a systematic comparison of the technical solutions in the Coprocessor race on the market.

It’s not difficult to see, from the recent blockchain conferences like ETHCC, that the blockchain industry is once again entering a “cold winter” in terms of narrative (except for the flourishing Bitcoin ecosystem). Currently, funds and projects are mainly focused on infrastructure, including modular public chains, MEV, AA wallets, ZK, etc. However, there is a lack of new growth narratives, especially in the narrative of large-scale user adoption and conversion.

We are thrilled to announce an exciting partnership that promises to enhance the landscape of sustainable Web3 development. ABCDE Highlight, Asia’s leading Web3 venture and accelerator studio and an advisory arm of ABCDE Labs, is joining hands with the Aptos Foundation, which supports the ecosystem growth of Aptos, a permissionless Layer 1 blockchain focused on safety and scalability - creating a better user experience for the next digital era.

Since October, the competitive landscape of SocialFi has gradually become clearer, with some competitors gradually fading from the market view. Looking back at the development process of Friend.tech, the economic model (especially the pricing curve) has played a very crucial role. Specifically.

This round of financing is jointly led by ABCDE and OKX Ventures, with participation from ScalingX, Galaxy Mercury Asia, Contentos, and individual investors like Blake Gao.

GRVT (Gravity) is a hybrid on-chain exchange — Hybrid Exchange (Hex), which combines the user experience of CEX + the financial security of DEX. Gravity will become the leading derivatives trading protocol on zkSync, just like GMX on Arbitrum and Dydx, which originated from Starkex, and will be launched on the test network in Q4.