Decentralized data storage is considered one of the most challenging technical directions in the blockchain field, as data services cannot afford any mistakes. (Background: "Blockchain" this new field: Are excessive returns often harvested by second developers?) (Supplementary background: Silicon Valley Bank SVB reborn? Financial Times: Peter Thiel is building a digital bank "Erebor", targeting crypto technology startups) Host: Anderson Sima, Executive Editor of Foresight News Guest: Jessie Dai, Co-founder of CESS Network Host: Hello everyone, I am Anderson, the Executive Editor of Foresight News. Before introducing today's guest, I would like to share two observations.

Musk announced the establishment of the "American Party" to counter the "Too Big to Fail Act" and the bipartisan monopoly, and to support Bitcoin, believing that fiat has no hope. The American Party may promote the integration of Web3 technology with politics, but it faces political barriers, Bitcoin fluctuation risks, and regulatory uncertainties. Overall, Musk's actions have sparked market interest in digital assets, and future developments still need to be observed.

Bitcoin is poised for a breakout, targeting $300,000, while altcoins like PEPE and KASPA show potential for 200x gains. Current market indicators align with historical cycles, signaling strong long-term holding and bullish investor interest.

CoinVoice has recently learned that a Canadian pharmacy manager, Raelene Vandenbosch, lost 12.58 Bitcoins in a SIM card swap scam worth millions of dollars, now valued at approximately $1.36 million. She has filed a lawsuit against the telecom company Rogers Communications and Match Transact Inc., attributing this devastating loss to a security oversight by a mobile store employee.
Vandenbosch claimed that a scammer posing as a technician convinced the staff to share their computer screen, allowing the hacker to access the Rogers customer database. Subsequently, the hacker obtained her information on Ledger and

Although the price of XRP has fluctuated somewhat in the past week, the sentiment within the investor community and XRP analysis is becoming increasingly optimistic. A series of bold forecasts from experts, along with new advancements in the application of XRP Ledger technology (XRPL), are helping to reinforce confidence in the future.

Ethereum, as one of the most active blockchain platforms currently, supports a large number of decentralized applications, from DeFi (Decentralized Finance) to NFT (Non-Fungible Token), making the ecosystem very prosperous. However, the prosperity of on-chain transactions also comes with some inherent challenges, such as transaction fees skyrocketing due to network congestion, longer transaction times, and increased failure rates, which greatly affects the enthusiasm of on-chain participants.
To address the above issues without affecting the distributed characteristics of the main chain, the community mainly adopts the L2 scaling solution. The core principle of L2 is to execute the computation and transactions on a second-layer network, moving them away from the mainnet (which is L1), and only submitting the final transaction results to the mainnet. This allows transactions to be more efficient and cost-effective while still inheriting the security of the mainnet.
Comparatively well-known L2 solutions include Rollups, sidechains, etc.
Among them R

Solana shows strong bullish momentum after reversing from a major low, forming a double bottom, and maintaining support near critical levels. Increasing DEX volumes indicate robust ecosystem strength, highlighting the market's confidence in Solana's recovery.

Chainlink (LINK) has formed a 1,100-day base with potential upside targets at $31.60, $46.35, and $61.60. Consistent support has been observed around $13, despite low trading volumes. Analysts note reduced selling pressure and highlight a key breakout level at $15.30, suggesting long-term bullish potential.

Airwallex is hiring for a stablecoin development position to build a stablecoin infrastructure for global payments, supporting the purchase, sending, and conversion of tokenized currencies. However, CEO Jack Zhang expressed skepticism about the practical uses of stablecoins, believing that their effectiveness in dropping forex costs is limited.

Hotcoin Exchange will launch three spot trading pairs AFT/USDT, URANUS/USDT, and AMERICA/USDT on July 7 at 12:00 (UTC+8), involving artificial intelligence, cosmic themes, and Elon Musk-related encryption projects.

The U.S. Secret Service is training officials in over 60 countries to combat cryptocurrency fraud using blockchain analysis, enhancing global efforts to trace digital financial crimes and recover lost assets.