1. Encrypted VC relationship network map: What are the hidden rules for cryptographic investment

As an asset class, venture capital always follows an extreme power law distribution. But because we are always tired of chasing the latest narrative, the specificity of this distribution has never been studied in depth. Over the past few weeks, we have developed an internal tool to track the network relationships of all crypto venture capital firms. Why do this?Click to read

2. Can Trump really fire Powell? What economic risks will it bring?

The Fed has long prided itself on its independence from political pressure. But the tradition is under new pressure as President Donald Trump ramps up his attack on Fed Chairman Jerome Powell's refusal to cut interest rates.Click to read

3. Wintermute Ventures: Why do we invest in Euler?

The current status of the on-chain money market can be classified through three major architectural design frameworks: monolithic, isolated and modular. Monopoly lending agreements limit lending by restricting asset selection, strict loan-to-value ratio (LTV) requirements, and high liquidation fines. Monopoly lending agreements help improve capital efficiency by pooling collateral for different purposes and allowing re-collateralization. However, they allow the addition of new collateral types only if economic conditions are limited, and are usually only possible through governance measures.Click to read

4. Trump "supplicates" to reduce tariffs? New chess game in global game in 2025

Trump's statement this time is by no means a whim, but a concentrated reflection of internal and external pressure. In March 2025, the US core CPI rose 2.8% year-on-year, and used car prices soared 18%. The 145% tariff imposed on China on April 10 further pushed up prices, and the average annual expenditure of middle-class households in the United States increased by about $5,200. If tariffs continue to be increased, inflation may break through the Federal Reserve's interest rate hike threshold, hitting Trump's "Tax Cut 2.0" plan and re-election prospects.Click to read

5. The truth about the "US debt collapse": 4 suggestions in the liquidity crisis

Last week, many investors who invest in global fixed + products were shocked. Why did they drop their returns in two months in one week? You should know that this type of product has always been stable, but it is not easy to make money. It really corresponds to the old saying that describes fixed income products - "Making money is slow, losing money is quick."Click to read