DeFi Analytics Firm Parsec Shuts Down After Five Years

Criticized by V God for deviation, is Automaton's Web4 experiment a dangerous game?

Author: Nancy, PANews The Spring Festival holiday has ended, and the gears of the real world are back on track, but crypto continues to spin in the quagmire of narrative exhaustion. While the market is desperately seeking a breakthrough point, the rapid rise of AI Agents unexpectedly opened a new door for the industry. Recently, the open-source AI project Automaton proposed the concept of Web 4.0 and launched the first autonomous AI agent, which quickly gained popularity both inside and outside the circle. This AI experiment unexpectedly brought some imagination space to the cryptocurrency market and also sparked considerable discussion and controversy. The birth of the first self-sustaining AI ignited the Web4 craze The term Web4 is not new. In the past few years, it has been regarded as a

Average profit per person is 85 million, surpassing Goldman Sachs and NVIDIA. The world's most profitable business isn't AI.

Tether achieved a net profit of $13 billion in 2024, becoming the world's most profitable stablecoin issuer. Through the "Stablecoin Floating Reserve Game," it invests customer funds in high-yield U.S. Treasury bonds while also holding gold and Bitcoin. Tether is restructuring traditional payment and financial models to improve efficiency and reduce costs, actively investing in Bitcoin mining farms and AI sectors. Its development indicates that the definition of currency is gradually shifting toward digital networks, challenging the traditional financial system.

Founder of Aave Ecosystem Organization: Aave Labs spent $86 million over eight years, with all six products failing.

Aave Labs has raised approximately $86 million since 2017, but only the core lending protocol has succeeded, while the other six products have all failed. The report indicates that the actual scale of the Horizon project does not match its publicity, and the input-output ratio is as high as 24:1. The core development team has already left, raising community concerns about fund allocation and governance transparency. Aave faces the challenge of establishing an effective accountability mechanism.

Meta to integrate stablecoins as early as the second half of this year! Overcoming the failure shadow of Diem, this time opting for a "third-party partnership" approach

Meta plans to re-enter the stablecoin market in the second half of this year, aiming to launch new payment technologies and wallets through integration with third-party payment companies. This move will enable Meta to expand its payment channels and compete with other platforms, although the current regulatory environment has significantly improved compared to past stablecoin attempts.

Michael Saylor: The digital credit ecosystem, with Bitcoin as the underlying asset, will create a truly meaningful "digital currency" in the future.

Michael Saylor delivered a speech at Strategy World 2026, proposing a digital financial system centered around Bitcoin, divided into three layers: digital capital, digital credit, and digital currency. He emphasized that new financial products reduce Bitcoin risk and, unlike traditional fiat currencies, profits come from the increase in Bitcoin's price.