SEC 調查以太坊現貨 ETF，徵求大眾對監管十字路口的回饋

本週加密市場亮點：以太坊現貨ETF 申請面臨公眾反饋、VanEck 預測Layer-2 擴容網絡市值將達到1 兆美元、Aave DAO 的行動引發DeFi 內部擔憂、DeFi 協議Ethena Labs 將比特幣添加到穩定幣支持資產中、Memecoins 獲得支持來自BitMex 聯合創始人的消息，Solana 錯誤已識別並修補，Coinbase 的Base 網路交易量顯著，Polygon 執行長批評Layer-3 網絡，PayPal 透過PYUSD-USD 轉換增強跨境轉賬，KuCoin 的市佔率下降，Deribit FZE 獲得VASP 許可證在杜拜，Paradigm 計劃籌集8.5 億美元投資，Merkle Manufactory 估值接近10 億美元，Tether 完成SOC 審計，菲律賓SEC 對eToro 發出警告，OneCoin 法律後果仍在繼續，SEC 專員Peirce 批評監管方式，Tron 尋求駁回SEC 訴訟。

Ethereum's Regulatory Crossroads: SEC Solicits Public Feedback on Spot ETF Applications

以太坊的監管十字路口：SEC 就現貨 ETF 申請徵求公眾意見

Amidst an industry grappling with regulatory scrutiny and uncertainty, the Securities and Exchange Commission (SEC) has embarked on a crucial phase in its ongoing evaluation of Ethereum spot exchange-traded funds (ETFs). The agency has initiated a public comment period on three proposed ETFs, inviting stakeholders to weigh in on the potential implications of these products.

在業界努力應對監管審查和不確定性的背景下，美國證券交易委員會 (SEC) 進入了以太坊現貨交易所交易基金 (ETF) 持續評估的關鍵階段。該機構已對三隻擬議的 ETF 啟動了公眾評議期，邀請利益相關者權衡這些產品的潛在影響。

Analysts at investment manager VanEck have projected a bullish long-term outlook for Ethereum, predicting that the Layer-2 scaling networks underpinning the platform could reach a market capitalization of $1 trillion by 2030. This optimism is echoed by Consensys, the parent company of popular self-custody wallet MetaMask, which has implored the SEC to approve a spot Ethereum ETF, citing the network's robust security features.

投資管理公司VanEck 的分析師對以太坊的長期前景做出了樂觀的預測，並預測到2030 年，支撐該平台的Layer-2 擴展網絡的市值可能會達到1 兆美元。這種樂觀情緒得到了受歡迎的母公司Consensys 的回應。自我託管錢包 MetaMask 已請求 SEC 批准以太坊 ETF 現貨，理由是該網路具有強大的安全功能。

DeFi's Internal Discord: Aave DAO's Actions Raise Concerns

DeFi 內部不和：Aave DAO 的行為引發擔憂

Within the decentralized finance (DeFi) ecosystem, a growing rift has emerged between Aave DAO and MakerDAO, prompting concerns about potential fragmentation. Aave DAO's recent proposal to "fork" MakerDAO has sent shockwaves through the community, raising questions about the future of stablecoin governance.

在去中心化金融 (DeFi) 生態系統中，Aave DAO 和 MakerDAO 之間的裂痕日益擴大，引發了人們對潛在片段化的擔憂。 Aave DAO 最近提出的「分叉」MakerDAO 的提議在社區中引起了軒然大波，引發了人們對穩定幣治理未來的疑問。

On a more positive note, DeFi protocol Ethena Labs has expanded the backing assets for its synthetic dollar-pegged stablecoin to include Bitcoin. This move signals a growing embrace of Bitcoin as a foundational asset within the burgeoning DeFi landscape.

從更積極的角度來看，DeFi 協議 Ethena Labs 已將其合成的與美元掛鉤的穩定幣的支援資產擴大到包括比特幣。此舉標誌著人們越來越接受比特幣作為新興 DeFi 領域的基礎資產。

Altcoins: Memecoins' Surprising Influence

山寨幣：Memecoin 的驚人影響力

Arthur Hayes, co-founder of BitMex, has become an ardent advocate for memecoins, emphasizing their ability to draw attention to blockchain networks and crypto platforms. Hayes believes that memecoins can serve as an entry point for new users, ultimately fostering mainstream adoption of cryptocurrencies.

BitMex 聯合創始人 Arthur Hayes 已成為迷因幣的熱情倡導者，強調迷因幣能夠引起人們對區塊鏈網路和加密平台的關注。海耶斯認為，迷因幣可以作為新用戶的切入點，最終促進加密貨幣的主流採用。

Technological Advancements: Solana's Bug Fix and Layer-2's Rise

技術進步：Solana 的錯誤修復和 Layer-2 的崛起

The Solana blockchain ecosystem recently faced a significant setback due to a severe bug that crippled its functionality. However, the team has identified and patched the issue, restoring the network to normal operations.

Solana 區塊鏈生態系統最近因嚴重的錯誤削弱了其功能而面臨重大挫折。不過，該團隊已經發現並修復了該問題，使網路恢復正常運作。

Coinbase's Layer-2 network, Base, has reached a remarkable milestone by surpassing $1 billion in trading volume. This surge in activity underscores the growing interest in Layer-2 scaling solutions, which aim to enhance the scalability and transaction speed of blockchain networks.

Coinbase 的第 2 層網路 Base 已達到一個非凡的里程碑，交易量超過 10 億美元。這種活動的激增凸顯了人們對 Layer-2 擴展解決方案日益增長的興趣，該解決方案旨在提高區塊鏈網路的可擴展性和交易速度。

Polygon Labs CEO Marc Boiron has voiced concerns about Layer-3 networks, arguing that they may detract from Ethereum's value and security, potentially endangering the entire network. His statements reflect a growing debate within the crypto community about the potential impact of fragmented Layer-2 and Layer-3 solutions.

Polygon Labs 執行長 Marc Boiron 表達了對 Layer-3 網路的擔憂，認為它們可能會損害以太坊的價值和安全性，從而可能危及整個網路。他的言論反映了加密貨幣社群內關於分散的第 2 層和第 3 層解決方案的潛在影響的日益激烈的爭論。

Business Developments: PayPal's Cross-Border Enhancements and KuCoin's Challenges

業務發展：PayPal的跨境增強和KuCoin的挑戰

PayPal has unveiled a new feature that allows users to seamlessly convert PYUSD to USD for cross-border transfers, offering a more cost-effective and efficient solution for global remittances.

PayPal推出新功能，讓用戶將PYUSD無縫轉換為美元進行跨境轉賬，為全球匯款提供更具成本效益和高效的解決方案。

Cryptocurrency exchange KuCoin has experienced a significant market share decline of 50% following legal actions by the Department of Justice and the Commodity Futures Trading Commission. These actions underscore the ongoing regulatory scrutiny faced by centralized crypto exchanges.

在美國司法部和商品期貨交易委員會採取法律行動後，加密貨幣交易所 KuCoin 的市佔率大幅下降了 50%。這些行動凸顯了中心化加密貨幣交易所面臨的持續監管審查。

Deribit FZE, the Dubai entity of crypto derivatives firm Deribit, has received a conditional Virtual Asset Service Provider (VASP) license from the Dubai Virtual Asset Regulatory Authority (VARA). This move signals a progressive approach by the Dubai government toward the regulation of crypto businesses.

Deribit FZE 是加密貨幣衍生性商品公司 Deribit 的杜拜實體，已獲得杜拜虛擬資產監管局 (VARA) 頒發的有條件虛擬資產服務提供者 (VASP) 許可證。此舉標誌著杜拜政府對加密貨幣業務的監管採取了漸進的態度。

Leading crypto venture firm Paradigm is actively raising $850M for investments, reflecting the growing optimism and increased fundraising activity within the crypto industry. Amidst a resurgence in market sentiment, venture capital firms are ramping up their investments in promising blockchain startups.

領先的加密創投公司 Paradigm 正在積極籌集 8.5 億美元的投資，反映出加密產業中日益增長的樂觀情緒和不斷增加的融資活動。在市場情緒復甦的背景下，創投公司正在加大對有前景的區塊鏈新創公司的投資。

Merkle Manufactory, the company behind the decentralized social network Farcaster, is nearing the completion of a funding round that could value the company at $1 billion. This latest development highlights the growing interest in Web3 social media platforms.

Merkle Manufactory 是去中心化社交網絡 Farcaster 背後的公司，即將完成一輪融資，該公司估值可能達到 10 億美元。這項最新進展凸顯了人們對 Web3 社群媒體平台日益增長的興趣。

Security: Tether's SOC 2 Audit and Regulatory Landscape

安全性：Tether 的 SOC 2 審計和監管環境

Tether, the issuer of the USDT stablecoin, has successfully completed a System and Organization Controls 2 (SOC) audit, demonstrating its commitment to financial transparency and compliance.

USDT 穩定幣的發行人 Tether 已成功完成系統和組織控制 2 (SOC) 審計，展現了其對財務透明度和合規性的承諾。

The Philippines Security and Exchange Commission (SEC) has issued an advisory against online trading platform eToro, alleging that it offers unregistered securities in the country. This action exemplifies the ongoing efforts by global regulators to crack down on unlicensed crypto platforms.

菲律賓證券交易委員會 (SEC) 發布了針對線上交易平台 eToro 的諮詢意見，指控該平台在該國提供未經註冊的證券。這項行動體現了全球監管機構持續努力打擊未經許可的加密平台。

Irina Dilkinska, former head of legal and compliance for the infamous OneCoin Ponzi scheme, has been sentenced to four years in prison for her involvement in money laundering. This conviction adds to the growing legal fallout from the $4 billion scam.

伊琳娜·迪爾金斯卡 (Irina Dilkinska) 是臭名昭著的維卡幣龐氏騙局的前法律和合規主管，因參與洗錢被判處四年監禁。這項定罪進一步加劇了這起 40 億美元騙局日益嚴重的法律後果。

SEC Commissioner Hester Peirce has criticized the agency's regulatory approach to crypto, particularly its controversial Staff Accounting Bulletin 121. Peirce advocates for a more flexible and innovation-friendly approach to crypto regulation.

SEC 專員 Hester Peirce 批評了該機構對加密貨幣的監管方式，特別是其備受爭議的《員工會計公告 121》。Peirce 主張採用更靈活和有利於創新的加密貨幣監管方式。

The entity behind Layer-1 blockchain Tron has filed a motion in a New York federal court to dismiss a lawsuit initiated by the SEC. The lawsuit alleges that Tron violated securities laws by distributing unregistered digital assets.

Layer-1 區塊鏈 Tron 背後的實體已向紐約聯邦法院提交動議，駁回 SEC 發起的訴訟。該訴訟指控 Tron 分發未經註冊的數位資產違反了證券法。

Conclusion: A Pivotal Moment for Crypto

結論：加密貨幣的關鍵時刻

The crypto industry finds itself at a critical juncture, with regulatory scrutiny and technological advancements shaping its trajectory. The SEC's public comment period on Ethereum spot ETFs, the internal discord within DeFi, and the emergence of new business models and technologies will undoubtedly influence the future of the industry. As stakeholders engage in heated debates and regulatory frameworks evolve, the coming months will prove pivotal in determining the direction of crypto's evolution.

加密產業發現自己正處於一個關鍵時刻，監管審查和技術進步正在塑造其發展軌跡。 SEC對以太坊現貨ETF的公開徵求意見期、DeFi內部的不和以及新商業模式和技術的出現無疑將影響該行業的未來。隨著利害關係人參與激烈的辯論和監管框架的發展，未來幾個月將成為決定加密貨幣發展方向的關鍵。