Odaily News Aptos Labs CEO Avery Ching said at a U.S. Congressional hearing that digital assets are not just a speculative tool, but also a neutral infrastructure that is driving the development of the next generation of the Internet. This type of infrastructure is transparent, programmable, open and verifiable, and is gradually evolving into a global digital public facility. He believes that this new type of infrastructure will become the core infrastructure supporting the operation of future society, just like electricity, tap water and roads. Tokens, as the "blood" of decentralized systems, are an indispensable key element to ensure the stable operation of blockchain and its decentralized applications (DApps).

Odaily News Bybit grandly launches Ecopedia, a blockchain ecosystem collaborative encyclopedia platform. The platform was jointly developed by Bybit and well-known ecosystems such as Circle, Tether, Solana and Sui, and is committed to simplifying the learning path of crypto knowledge through a free, open, structured and interactive knowledge center. Users can easily find the entrance to major ecosystem content in the Ecopedia block in the drop-down menu on the Learn page of Bybit's official website. Ecopedia provides in-depth content for users of different levels, covering the core characteristics of each blockchain ecosystem, and displays in detail the representative projects and decentralized applications (dApps) under the chain, covering DeFi, NFT, GameFi, stablecoins, AI and digital identity. At the same time, the platform also provides an analysis of the underlying architecture of the ecosystem, including key modules such as wallets, cross-chain bridges, smart contracts and consensus mechanisms. Users can not only gain an in-depth understanding of the project background, but also master the operation processes such as recharge, cross-chain, exchange, pledge and transaction through a one-stop graphic tutorial, covering the Bybit centralized (CEX) and decentralized (DEX) full product ecosystem. Most of the content is jointly written and reviewed by the ecosystem official or core project team to ensure authority and timeliness. In addition, some articles are also co-produced by the Bybit Learn community, reflecting Bybit's philosophy of "open collaboration, high-quality popularization" in the field of crypto education. The Ecopedia platform has a unified index entrance to facilitate users to quickly access all online ecological zones. The platform will continue to expand support for ecological and content updates to promote the long-term evolution of crypto education. To celebrate the launch of Ecopedia, Bybit is holding a "Learn & Earn" event. The event will run from today to June 6. Users only need to complete an Ecopedia article and pass a simple test to have the opportunity to share a total prize pool of $2,500 in token rewards (USDC, USDT, SOL and SUI). Among them, the first 250 qualified participants will each receive a token reward of $10 equivalent. Ecopedia marks a new stage in blockchain education - it closely integrates educational content with practical application scenarios through ecological collaboration, helping users to explore and navigate the Web3 world more confidently.

Odaily News According to the official announcement, BitMart will launch Subsquid (SQD) at 16:00 (ET) on June 3, and the SQD/USDT trading pair will be launched. The Subsquid network is a hyper-scalable data access layer that powers your favorite dApps. In other words, it is an indexing protocol that provides the information blockchain applications need to achieve an excellent user experience.

Odaily News On May 20, Tabi founder Xavier pointed out that in the past, the success of public chains often relied on innovative applications within the ecosystem, such as ETH's ICO and DeFi Summer. However, as the industry matures, this traditional path has gradually become ineffective. He mentioned that HyperliquidX, as a model of "fat application and thin protocol", shows a new direction for the development of public chains in the future. Compared with the numerous DApps, future public chains should focus more on the application chain model to improve efficiency and practicality. Application chains may become the key to the success of the next generation of public chains. In addition, Xavier also affirmed Cosmos' contribution to the application chain field. From account abstraction to inter-chain communication, these concepts provide an important theoretical basis for the future development of Layer 1.

Odaily News Camp Network announced the launch of its first public testnet "K2", focusing on intellectual property management. Camp completed a $30 million Series A financing led by 1kx and Blockchain Capital in April this year. The project said that dozens of dApps will be deployed before the mainnet is launched, and the ecosystem partners cover more than 5 million users and creative content. Camp will also build a "clearable AI training data market" to promote the verifiable traceability and fair realization of IP in the fields of art, music, data, etc. (The Block)

Odaily News Astar initiated a token economics proposal, planning to transform the ASTR token model from dynamic inflation to a model with a fixed maximum supply. The proposal aims to gradually reduce token emissions by introducing an emission decay function, significantly reduce network inflation, and plans to stabilize the highest annualized rate of return on DApp staking at 11-14% in the next two years to prepare for the next brand upgrade. In addition, the proposal recommends the establishment of Protocol-Owned Liquidity (POL) managed by the Astar Finance Committee (AFC) and the destruction of 50% of network transaction fees to enhance the long-term economic value and network independence of ASTR.

Odaily News According to official news, OKX Wallet has supported Ethereum's latest account abstraction standard EIP-7702, bringing users a more powerful and flexible on-chain interactive experience. Users can upgrade traditional Ethereum EOA (Externally Owned Account) accounts to smart contract accounts, seamlessly connecting with the latest DApps and protocols while continuing to maintain compatibility with current Ethereum standards. OKX Wallet has opened the upgrade portal, and users can choose to upgrade and experience it as needed. To ensure the security of assets, be sure to operate through official channels, beware of phishing links and malicious websites, and avoid risks to assets. It is reported that EIP-7702 is a key Ethereum improvement proposal. It blurs the boundary between traditional accounts and smart contract accounts by giving EOA addresses the ability to temporarily execute smart contract code, bringing a major breakthrough in account abstraction.

Odaily News According to the official announcement, Binance Wallet launched the BNB Smart Chain Trading Competition on Binance Alpha. Users who trade B2, AIOT, MYX and ZKJ in Binance Wallet (without private key) or through Binance Alpha can share token rewards. The event time is from 23:00 on May 7, 2025 to 00:00 on May 22, 2025 (Eastern Time Zone 8). Participants will be ranked according to four independent categories: B2 Trading Volume Pool: The top 5,000 users in terms of B2 token trading volume during the event will share 883,000 B2 tokens (= 176 B2 per user). AIOT Trading Volume Pool: The top 10,000 users in terms of AIOT token trading volume during the event will share 2,306,000 AIOT tokens (= 230 AIOT per user). MYX Volume Pool: The top 5,000 users by MYX token trading volume during the event will share 5,117,000 MYX tokens (= 1,023 MYX per user). ZKJ Volume Pool: The top 20,000 users by ZKJ token trading volume during the event will share 700,000 ZKJ tokens (= 35 ZKJ per user). Please note: Only transactions through Binance Wallet (no private key) or Binance Alpha are eligible for this event, third-party dApp transactions are not included. No Volume Cap: There is no upper limit on the trading volume of each participant in this event. The rewards in this event are not mutually exclusive, and eligible winners can receive rewards from each trading task pool if they meet the above criteria. Transactions related to cross-chain bridges are not counted towards the trading volume of this event.

Odaily News OKX CEO Star previously posted on the X platform: "OKX DEX will restart today, equipped with a real-time abuse detection and blocking system. OKX Web3 is a platform that connects Chrome and search engines to the blockchain. Based on our understanding of on-chain data, we help customers access real-time data from hundreds of chains, manage assets on multiple chains and interact with millions of dapps." Earlier news, OKX DEX completed the upgrade and has now resumed trading functions.

Odaily News Aztec announced that its public beta network is now officially online, bringing a Layer 2 solution focused on privacy protection to the Web3 ecosystem. The network aims to achieve efficient privacy transactions through zero-knowledge proof technology and support DApp developers to build secure and anonymous decentralized applications.