Carol (@avery56297) • Hey

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South Korean blockchain company Infinite Block has announced that it will join Ripple Ledger as a validator, a move expected to expand the XRP Ledger (XRPL) ecosystem amid South Korea’s unique regulatory environment. According to the company, by becoming an XRPL validator, Infinite Block plans to participate in stable governance based on domestic and international regulatory compliance, expand the XRPL ecosystem, and provide XRPL and XRP services to legal entities.
Uniswap founder Hayden Adams posted on social media that "Hillary running in red states instead of swing states is a serious miscalculation by the Biden camp. They believe that cryptocurrencies will not be important in the 2024 election and will make U.S. securities The SEC and U.S. Senator Elizabeth Warren are in an all-out war—both with voters and money. Republicans caught wind of this and began to strongly support cryptocurrencies. Biden has little time to save the day. Anyone close to him or the Democratic leadership should express how serious this matter is and urge an immediate reversal of his stance on cryptocurrency
Crypto market maker Wintermute will provide liquidity for Hong Kong spot Bitcoin and Ethereum ETFs. Wintermute is working with OSL Digital Securities and HashKey HK Exchange to help OSL and HashKey buy, sell and deliver the ETF’s underlying assets.
Quantitative trading firm Susquehanna International Group filed documents disclosing a $ 1.3 billion investment in a spot Bitcoin ETF, including holding 17.3 million shares of Grayscale’s GBTC through three separate investments, for a total investment of $ 1.1 billion. Susquehanna also purchased 1.3 million shares of Fidelity FBTC valued at $ 83.7 million, 583,049 shares of BlackRock IBIT valued at $ 23.6 million, and 560,832 shares of Bitwise BITB valued at $ 21.7 million, among other Bitcoin spot ETFs.
Bitcoin Layer 2 project SatoshiVM announced that it will launch Runes Bridge on the testnet next week and then launch the Alpha mainnet. When Rune Bridge goes online, priority will be given to supporting the rune tokens that the community is most looking forward to. In addition, the team will use SAVM tokens in the ecosystem fund to reward early related users of Rune.
Ethereum liquidity re-hypothecation protocol Renzo announced that Pendle will open its new long-term ezETH pool today (until December 24, 2024) and increase ezPoints rewards by 3 times. At the same time, users can also receive EigenLayer points as well as ETH re-staking and AVS rewards.
Two virtual asset spot ETFs jointly applied by Boshi Funds (International) Co., Ltd. and HashKey Capital Limited have received conditional approval from the Hong Kong Securities and Futures Commission (SFC). Boshi International and HashKey Capital will give full play to their leading professional knowledge and ecological resources in the traditional financial and virtual asset industries to jointly promote the issuance of Bitcoin and Ethereum spot ETFs and provide investors with a safe, compliant and convenient way. Directly participate in the two mainstream virtual asset markets of Bitcoin and Ethereum. The approval of the virtual asset spot ETF and the innovative introduction of a currency-holding subscription mechanism (which allows investors to directly use Bitcoin and Ethereum to subscribe for corresponding ETF shares) are expected to further promote the development of the virtual asset market in Hong Kong and even Asia. , attracting more global capital inflows and stimulating the underlying vitality of Hong Kong’s virtual asset market.
OKX Web3 has reached a cooperation with Slerf and will send out Slerf NFT whitelist in limited quantities for a limited time. From April 13 to April 22, 2024, users who complete the specified tasks in the OKX Web3 Drops section will receive a whitelist from the Slerf NFT official, limited to 300 pieces. It is reported that Slerf is a MEME project on the Solana network. The project exploded because its founder mistakenly destroyed LP and airdrop reserved tokens.
Antonio, the founder of dYdX, tweeted that in the next few months, dYdX will launch smart contracts, AMM treasury, permissionless currency listing market, oracles covering most crypto assets, and token pre-launch market.
According to official news, the TaprootChain mainnet has been officially launched and has enabled the inscription cross-chain function. Three BRC-20 series tokens will be listed at 20:00 on April 9, Beijing time, namely ORDI, SATS, and BTCS. At the same time, the TaprootChain platform will launch a points activity. Users will receive points rewards through cross-chain assets and inscription interactions. Other inscription assets with high liquidity and consensus will also be launched in the future. Points will be exchanged for TaprootChain tokens (TAPR) in the future.
Blockchain Australia, Australia’s regulatory and policy development industry body, announced on its social platforms that Backpack is now a member. At the same time, Blockchain Australia stated that "Backpack is a fully regulated global cryptocurrency trading platform."
Ripple development arm RippleX has revealed a technical issue affecting the automated market maker (AMM) pool on the XRP Ledger. The breach disrupted transactions and funding pools, prompting RippleX management to update users on the status of fund deposits. It is reported that the issue can cause transactions to be processed incorrectly, and RippleX recommends that users no longer deposit funds into the affected AMM pool. This precautionary measure is intended to eliminate any possible complications that may arise from the current vulnerability, and those who own LP tokens in these pools are advised to redeem them until the issue is resolved.
The decentralized AI data network Port3 Network announced the launch of the second quarter of mining. Users can participate in transaction mining and social mining, share the transaction fee pool, Key dividend pool, and cash dividend pool, and obtain PORT3 and USDT token rewards. This mining is also part of Port3’s second season airdrop. 30 million PORT3 tokens will be distributed in the second quarter airdrop. Detailed airdrop rules will be announced later. It is reported that the total mining transaction volume of Port3 Network in the first quarter exceeded 995 million US dollars, and users shared a total of 4.54 million US dollars. Twitter interactions reached nearly 1.4 million times, and it has currently accumulated 4.8 million users.
According to official news, Manta Network’s global brand event zkDAY will be held in Denver, USA, with Cointelegraph and AWS as co-organizers. zkDAY is a global brand event founded and launched by Manta Network, aiming to explore cutting-edge topics in the Web3 field such as ZK and modularity. Past participating guests include Edward Snowden, institutional investors from Polychain, Animoca, IOSG, SevenX Ventures, etc., and Founder of projects such as Celestia and Polygon. During ETH Istanbul, Ethereum founder Vitalik participated in zkDAY.
NFT project y00ts announced on the X platform that it will enforce the royalty policy through Magic Eden starting tomorrow. Royalties will all be used for two things: purchasing y00ts, and providing X Blue Label badges to y00ts creators. When the Magic Eden ETH market goes live, y00ts will not be able to trade on markets where royalties are not enforced.
Starknet ecological DeFi protocol zkLend officially stated that it has launched the STARFALL event. From 07:00 on February 21, 2024 to 06:59 on February 24, 2024 UTC time, users who deposit STRK tokens can get up to an additional 20% APY. A total of 75,000 STRK will be distributed in the STARFALL rewards. The distribution method is determined on a per-second basis. The rewards will be available for query and claim on March 6, 2024.
zkSync ecological decentralized lending protocol ZeroLend announced the completion of a US$ 3 million seed round of financing at a valuation of US$ 25 million. Momentum 6, Blockchain Founders Fund, Morning Star Ventures, Banter Capital, Newman Capital, dVdT, Transform Capital, Cypher Capital, Bison Fund , Ozaru Ventures, iAngels, Krypital, Genblock, viaBTC, GBV and Asteroid Capital participated in the investment. It is reported that ZeroLend will launch its native governance token ZERO in the first quarter of 2024.
U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce believes that an Ethereum spot ETF will not require a court battle to gain approval. Hester Peirce said, "We only need to apply 'ordinary approach' considerations to these products. We apply the same approach to similar products, so we should not need a court to tell us that the approach we have taken is arbitrary and capricious so that we Do it right."
Dinari, a blockchain-based securities investment platform, announced the completion of a $ 10 million seed round of financing in Q4 2023, with participation from former Coinbase CTO Balaji Srinivasan, 500 Global, Alchemy, Version One Ventures, Sancue Ventures, etc. Founded in 2021, Dinari provides blockchain-powered access to corporate equity through its dShare platform. Dinari co-founder and chief technology officer Jake Timothy said the dShare platform offers users outside the U.S. access to securities like Apple or Tesla shares based on the Arbitrum network due to regulatory reasons.
Franklin Templeton said on social platforms that the current asset management scale reaches US$ 1.6 trillion and has a digital asset team that has been focusing on building and investing in blockchain and Web3 projects. The team contains multiple blocks Developers of the chain, the company has been running validator nodes on multiple blockchains for 5 years. In addition to development, the company has built an investment strategy team that is deeply involved in early-stage Web3 venture capital and liquidity generation. Coin portfolio management. Franklin Templeton has made an active decision to invest in public equity in companies that have Web3 strategies as part of their overall business models and will continue to make significant investments in this area. Blockchain is the future and the company seeks to develop, support and invest in this space in a meaningful way.
The HBAR Committee announced that it has voted to approve the board’s allocation of 4.86 billion HBAR (approximately $ 380 million) for ecosystem growth. The vast majority of the grant (4.248 billion HBAR) will be allocated by the Hedera Board of Directors to the HBAR Foundation, the Hashgraph Association, and the DLT Science Foundation. The HBAR Foundation and Hashgraph Association will receive grants within the first quarter, while the DLT Science Foundation will receive grants as milestones are met throughout the year. In addition, 614.06 million HBAR will be used for the operating expenses of the Hedera Council and payments to early SAFT purchasers.
According to official news, the Solana Sniper market has now aggregated the OKX NFT market, aiming to help users enjoy better depth and liquidity at the same time. Solana Sniper is an NFT liquidity aggregation and trading platform focused on the Solana chain, enabling real-time NFT trading on the platform. It is reported that the OKX NFT market is a multi-chain aggregation platform with zero handling fees that integrates creation, collection, and transaction functions. Currently, it has aggregated orders from mainstream NFT platforms such as Tensor, OpenSea, Magic Eden, LooksRare, IMX Official, Element, Blur, etc., and supports Aptos and Solana ecological inscriptions, etc., making it one of the most comprehensive and advanced NFT markets on the market. Dappradar data shows that OKX NFT Marketplace’s 24-hour transaction volume has topped the industry multiple times.
Blockchain technology company Stratis stated on social platforms that it is switching to StratisEVM. Users holding $STRAX will receive $STRAT at a ratio of 1:10.
Grayscale CEO posted on social media that Grayscale had already confirmed in the documents submitted in May this year that after GBTC was converted into a spot ETF, Jane Street Capital and Virtu Americas became the authorized dealers (Authorized Participants) of its ETF.
Coinbase Custody CEO Aaron Schnarch left the company in recent weeks and was replaced by Rick Schonberg. It is reported that Schonberg has been working at Coinbase since 2021 and previously worked at Goldman Sachs, State Street Bank and Tagomi. "We have made extensive preparations for the approval of the ETF. The system has been designed and tested to handle increased trading volume, liquidity and increased demand on our systems," a Coinbase spokesperson said in a statement.
CIAS, the Celestia network inscription project, posted on social media that its minting process has reached about 29%, and the total number of holders exceeds 52,000. More than 50% of transactions on the Celestia chain are related to CIAS. RPC suffered an outage after receiving over 1 million visits from over 120,000 people within 1 hour of launch. The team will improve the user experience and get back online as soon as possible, and will notify the recovery time 12 hours in advance.
Irys official responded on social media to the Arweave founder's previous remarks about "Irys planning to fork Arweave", saying that the behavior of Arweave founder Sam Williams is tragically ironic. Arweave's purpose is to become open source and permissionless. software, while Sam attempts to separate Irys from Arweave. Irys has never and will never take away users' choice about where their data is stored. Creating unrestricted access to persistent data for users is at the core of Irys' work. Irys remains committed to censorship-resistant, open source, and permissionless technology.
Encryption media Decrypt has signed a letter of intent to merge with Web3 audio and video media Rug Radio. The two companies will merge to form a new, as-yet-unnamed holding company, and both companies will retain their brands and independence. The deal brings Decrypt further into the Web3 ecosystem and gives Rug Radio and its advertising partners closer access to news brands and wider distribution channels. Rug Radio currently has 12 full-time employees, while Decrypt has 22. The holding company will be chaired by current Decrypt CEO Josh Quitner. Rug Radio’s current co-chief executive Loxley Fernandes and founder Farokh Sarmad will serve as chief executive and president respectively of the new holding company. Decrypt hopes to expand beyond the blockchain space into new areas of coverage, such as longevity and emerging technologies and artificial intelligence.
According to the Bitget market, the leading sectors are ZK, AI and SHIB ecological sectors, among which KAT has a 24-hour increase of 28.10%, AIBB has a 24-hour increase of 90.13%, and PAW has a 24-hour increase of 7.14%. As of press time, the 24-hour global cryptocurrency trading volume was US$ 44.4 billion, of which BTC accounted for 52.25%. The top three currencies on the real-time increase list are AIBB, LAB, and PEPES.
According to the official announcement, Atomics Market now supports ecological DMINT series NFT transactions. It is reported that the DMINT series NFT of the Atomics ecosystem is an innovative NFT casting method, which combines Bitcoin’s proof-of-work (POW) principle and decentralized design concept, through the unique Bitwork mining mechanism and Merkle tree Proof, aiming to achieve a fairer and more transparent NFT issuance method. Currently, there are some pending orders for TOOTHY NFT on the platform, with the floor price being 0.007 BTC.
Polygon zkEVM now supports the cross-chain USDC standard, which is designed to facilitate L2's future transition to native USDC. Currently, there is already a cross-chain USDC in circulation in the Polygon zkEVM ecosystem that does not follow this standard, called "legacy" cross-chain USDC, which will be gradually replaced by the new "standard-compatible" cross-chain USDC. Developers and users can easily exchange their legacy cross-chain USDC for new cross-chain USDC at a 1:1 ratio.
Hong Kong police recently exposed a major fraud case involving the virtual asset trading platform HOUNAX. According to statistics, 131 victims have reported the crime so far, with the amount involved reaching nearly 120 million yuan. Among them, a 69-year-old retired woman was defrauded of NT$ 12 million, becoming the single largest victim. Police pointed out that many victims originally suffered losses in the stock market and were later attracted by the platform's false returns of up to 40%. The platform also falsely claimed that profits were guaranteed and risk-free, making investors gullible and deceived. The Hong Kong Securities and Futures Commission has added HOUNAX to the list of "unlicensed companies and suspicious websites" earlier this month, warning that it is a suspicious virtual asset trading platform. HOUNAX fabricated a cooperative relationship with a financial institution, but in fact there was no such thing. Given that the company involved claimed that it was headquartered in Singapore, the Hong Kong police did not rule out cooperating with overseas law enforcement agencies in future investigations. Currently, the police have reported suspicious links to the platform to telecom operators to block public access. They are actively sorting out case information and are expected to make arrests soon.
According to official announcements, Coinbase International Exchange and Coinbase Advanced will add support for perpetual futures contracts for Cardano (ADA), Chainlink (LINK), Dogecoin (DOGE), and Stellar (XLM). The trading platform plans to open trading in the ADA-PERP, LINK-PERP, DOGE-PERP and XLM-PERP markets after 10 a.m. UTC on November 30, 2023.
BRC20 cross-chain protocol CHAX (Chamcha) announced the opening of a new cross-chain bridge. Due to the large price difference between MEXC and the chain, too many BRC20 user withdrawal requests caused the old cross-chain bridge to be blocked. According to other statistics, there are currently more than 20 million CHAX tokens cross-chain to the Ethereum network.
A certain whale address sold 3.8 million ARB 3 hours ago at an average price of US$ 1.04 and obtained 1,973 ETH, which is approximately US$ 3.97 million. The whale address has been accumulating and providing liquidity for ARB since October 23, with an average purchase cost of approximately $ 1. The profit was about $ 275,000.
Binance will support AirDAO (AMB) and BitShares (BTS) network upgrades and hard forks. The specific arrangements are as follows: The AirDAO (AMB) project will upgrade the network at block height 27,690,000 (expected to be November 16, 2023, East Eighth District time); Binance is expected to suspend the above network at 04:00, November 16, 2023, East Eighth District time. Token deposit and withdrawal services. The BitShares (BTS) project team is expected to conduct a network upgrade and hard fork at 22:00 East Eighth District time on November 16, 2023; Binance is expected to suspend the above network at 21:00 East Eighth District time on November 16, 2023 Token recharge and withdrawal services.
Websea announced the launch of its first BOOST program for traders with orders. The program is designed to encourage and support traders with orders, providing eligible traders with a total order fund of up to 9,800 USDT. Registration is open from November 13th to November 19th. Traders who pass the review will receive an initial order fund of 300 USDT, and the official competition will last from November 20 to December 17. Websea, with its innovative services such as dual-account security system and intelligent copy trading, is committed to providing the younger generation with convenient and secure Web 3.0 access. Since the platform was launched, it has attracted the participation of many professional and outstanding traders from around the world, and its traders' returns in the latest period were as high as 1025%. Websea stated that it will continue to be committed to providing full-range ecological services to encryption enthusiasts and promoting the comprehensive development of digital asset ecological services.
According to monitoring by The Data Nerd, in the past 24 hours, Abraxas Capital withdrew a total of 50.81 million USDC through 1inch and converted it into DAI. It then deposited DAI and lent 25,930 ETH and 28,100 stETH. Abraxas Capital then deposits all loaned ETH into Aave.
The Ai+ artificial intelligence platform AISC will be launched on Gate at 20:00 Beijing time on November 10 to start trading. As the first step in the global plan, this is the first chapter of AISC to enhance liquidity and influence. AISC will establish an in-depth collaborative mechanism at the incentive layer, protocol layer and application layer to promote global ecological development through the integration of blockchain technology. . Gate is an innovative platform focusing on digital currency transactions. It has a safe and stable system, efficient and convenient transactions, rich and diverse products, and high-quality and considerate services. It will provide AISC with a broader market space and more cooperation opportunities.
FTX founder SBF testified on Monday that FTX's collapse was caused by the failure of Caroline Ellison, head of its Alameda Research trading firm, to adequately hedge against a market downturn. He said he asked Caroline Ellison to make the trade to offset the risk of falling cryptocurrency prices starting in the medium term. "Ellison agreed Alameda should be hedging and said some risky investments should not be made," SBF said in response to questions from defense attorneys.
On October 31, Starknet announced the launch of an early community member program, dedicated to recognizing community contributors who have contributed to Starknet so far, and plans to distribute 50 million STRK tokens to those who contributed in the early stages of the network, including reward incentives Individual contributor to technical discussions, organizes Starknet-related events, and regularly publishes Starknet-branded content.
Celestia updates pre-creation files, mainnet launch time is October 31
According to the Radiant governance platform, Radiant Capital launched a proposal to "use strategic ARB reserves to incentivize long-term dLP lock-up users" early this morning, and the current opposition rate is 92.19%.
According to Fox Business reporter Eleanor Terrett on her social platform, Grayscale issued a statement in response to the U.S. SEC’s decision not to seek appeal: “The 45-day period for seeking retrial stipulated in the Federal Rules of Appellate Procedure has expired. The court will within 7 days Release of final authorization. Grayscale team is ready to convert GBTC to ETF once SEC approval is obtained"
The non-custodial liquidity staking protocol ether.fi announced its decentralization roadmap on social platforms and announced that it will implement market share restrictions, promising to self-limit the number of validators and ETH of the protocol to less than 25% of the consensus layer. In line with its decentralization roadmap, ether.fi will launch the native restaking token eETH on EigenLayer within a month. In addition, the team plans to make the entire protocol open source in December this year and implement DAO governance in March next year.
The U.S. Securities and Exchange Commission (SEC) argued in a federal court case against Coinbase that cryptocurrencies lack any “inherent or intrinsic value,” the SEC said in its filing: “Crypto-assets themselves have no inherent or inherent value — they Linked to its underlying value, in the case of the crypto-assets involved in this case, it is an investment contract.” The argument drew pushback from Coinbase and crypto professionals, with Coinbase chief legal officer Paul Grewal saying: “The SEC’s argument means that everything from Pokemon cards to stamps to Swiftie bracelets are securities, which is not law at all and is not It should be the law."
British think tank Policy Exchange recently released a comprehensive report on Web3, making a number of recommendations aimed at strengthening the UK's Web3 competitiveness. The report states that the UK needs to re-evaluate the UK Financial Conduct Authority (FCA)’s KYC requirements for cryptocurrencies and explore and develop “alternative and innovative technologies”, including on-chain identity and blockchain analysis tools, to achieve regulatory purposes. Another important recommendation is to clarify the limited legal liability of individuals in a decentralized autonomous organization (DAO).
According to Blur market information, the floor price of Founder's Pirate, an NFT project owned by chain game Pirate Nation, has increased by nearly 20% in 24 hours, and is now quoted at 0.1799 ETH. BlockBeats previously reported that on September 21, blockchain gaming startup Proof of Play completed a $33 million seed round of financing. This round of financing was co-led by a16z and Greenoaks. Proof of Play was founded by Mahajan to create fun and easy-to-use blockchain games. Its first game was a social role-playing game called "Pirate Nation."
According to data from The Block, the total DEX transaction volume on the entire network in September reached US$31.89 billion, a decrease of 23.54% from US$41.71 billion in August, continuing to hit a new low since January 2021 (US$51.12 billion).
Camelot has submitted a grant application to the Arbitrum community with the goal of strengthening liquidity collaboration and driving widespread adoption of ARBs. The project plans to distribute up to 3.09 million ARB tokens over three months as liquidity incentives, with the majority of the incentives focused on partner pools and wider adoption of ARB as the underlying liquidity asset