Tayson (@devin10643) • Hey

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Real Vision analyst Jamie Coutts published an analysis of AI and blockchain growth models on the X platform from the November 2023 Real Vision Pro-Crypto report. The report predicts that by 2030, the total market value of smart contract platforms will reach between $ 15 trillion and $ 25 trillion due to the widespread use of AI agents. Coutts noted that while the initial impact of AI agents will be relatively modest, AI agents could account for more than 40% of total daily active users by 2030, significantly driving up the valuations of blockchain assets. In addition, he emphasized that although predictions based on historical regression cannot always be accurate, in the direction, as the network expands, the value of the network will increase exponentially. Even if the prediction turns out to be only 25% correct, the current market valuation will achieve a 4 to 5 times increase.
The head of growth at Sky Mavis posted an update on the Axie Infinity project on its social platforms, with Season 2 rewards set to be distributed this week, the final roster for the Season 2 leaderboards and the format for the Season Championship to be announced on Wednesday. While Axie Competitive Classic Season 3 will begin on May 23, there will be no balance changes in Season 3, with Artifact being introduced in Season 4. More details will be announced later.
Sui ecological lending platform Suilend announced the launch of the points system Suilend Points. Since its launch on March 11, Suilend has attracted more than 5,000 users and its total value locked (TVL) has exceeded $ 45 million. Suilend will issue 10 million points daily on the existing basis to encourage user participation, including 2 million points for SUI tokens and 4 million points each for USDC and USDT. Unlike traditional points stored in a centralized database, Suilend Points will exist in the form of non-transferable and non-extractable on-chain tokens. Users can earn corresponding points in proportion when they perform operations such as deposits and borrowings on Suilend. In addition, Suilend will also provide point rewards to encourage users to contribute to the community by posting, making Meme, etc. It is worth mentioning that in order to cooperate with the launch of the points system, Suilend has lowered the borrowing rate of USDT and USDC to 0.20%. This initiative is expected to further improve the platform’s capital utilization efficiency.
The U.S. Department of Justice released a 26-count indictment charging 31-year-old Russian citizen Dmitry Khoroshev with being the mastermind behind the notorious LockBit ransomware group. Khoroshev is accused of developing and managing LockBit software and recruiting "affiliates" on cybercrime forums to carry out ransomware attacks. Since its inception in 2019, LockBit has become one of the most prolific ransomware programs in the world, with approximately 2,500 victims, 1,800 of them in the United States, and an estimated $ 500 million in ransoms. The Justice Department said Khoroshev made $ 100 million in Bitcoin and has now been sanctioned by the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC). U.S. authorities are offering a $ 10 million reward for the capture of Khoroshev, who remains at large. He faces charges including conspiracy to commit fraud and racketeering, which carry a maximum penalty of 185 years in prison.
The ecological project AIRDROP2049 incubated by UXLINK has received more than 200,000 visits from around the world within three days of its launch. The first batch of online projects has received an average of more than 30,000 new users, and the contract interactions on the AIRDROP2049 chain have exceeded 100,000 times. Over 50 popular Web3 projects participated in the first AIRDROP2049 event. The person in charge of the BTC ecological project B² Network said that UXLINK's RWS protocol is very effective. By calling the protocol, it can achieve rapid growth of users, and the incentives for users are also very precise. We look forward to strengthening cooperation with UXLINK and AIRDROP2049 in the BTC ecosystem to allow more Users participate in ecological construction. The person in charge of the AI high-performance pledge public chain project ALIENX is very optimistic about the AIRDROP2049 project. He believes that this is the first time in the circle that multiple different tracks have been assembled for large-scale airdrops. The cross-growth of different types of user traffic is very interesting, and may even exceed TOKEN2049 in the future. Influence. I hope to have in-depth cooperation with UXLINK and AIRDROP2049 in the AI field in the future.
Gridless, a mining company that has received investment from Jack Dorsey’s Block, operates Bitcoin mining farms in Kenya, Malawi and Zambia. The company already has six mining farms under its belt, powered by renewable energy, and is committed to its broader mission of securing and decentralizing the Bitcoin network.
Tether CEO Paolo Ardoino posted on social media that the current circulation of USDT has reached 107.3 billion, making it the most commonly used digital dollar in many emerging markets. Hundreds of millions of people living in countries with rapidly devaluing currencies use them as checking and savings accounts. Most of the group do not have bank accounts, being too poor to attract banking interest. This is a real-world use case for stablecoins. Rich people using stablecoins to buy a bunch of securities in a sophisticated way is totally not on the same level as the above use case, USDT in this case is just a toy for rich people who can easily send a wire transfer from one of 15 bank accounts , or show their friends how cool they are before their next golf game
Landesbank Baden-Württemberg (LBBW), Germany’s largest state bank, plans to start offering cryptocurrency custody services in partnership with Bitpanda exchange. LBBW and Bitpanda will offer crypto asset custody services to institutional and corporate clients starting in the second half of 2024, according to a statement issued by the two companies on Monday.
Andre Cronje, director of the Fantom Foundation, expressed his views on the recent frequent congestion on the Solana network on social media. Many skeptics viewed this as a failure for Solana and sneered at it. But Cronje believes that the congestion stems precisely from the booming development of the Solana ecosystem, and the demand for block space has increased significantly. Cronje pointed out that the performance bottleneck is an engineering problem, not a flaw in the consensus mechanism or other key components, and the Solana development team is working hard to optimize it. He describes Solana as a "victim" of his own success
When invited to attend the roundtable forum of the "2024 Hong Kong Web3 Carnival" main forum, KX Hong Kong Executive Director Frank said that with the advancement of technological innovation, the development of RWA is obviously a trend, and people can use technology to further improve efficiency and save related costs. Also, when it comes to how the RWA platform addresses risk factors. Frank believes that it is very important for the RWA platform to implement various strong measures to mitigate risks and enhance investor confidence for the long-term stable development of the RWA track. Platforms should have strong security infrastructure, smart contract auditing, self-regulation (such as POR), compliance with regulatory requirements, full transparency, proper investor communication, continuous monitoring and incident response, insurance coverage, etc.
Greeks.live researcher Adam released this week’s crypto market trend outlook on social media: This week we will mainly focus on Friday’s core PCE data. Last week, Powell’s speech reiterated expectations for an interest rate cut. If this Friday’s data is not too outrageous, the Fed’s interest rate policy will not be negative for the currency market for the time being. The overall rebound in the currency market over the weekend also confirms the market’s optimism. This BTC 73,000-61,000 correction is likely to have come to an end. Bitcoin and the entire cryptocurrency market have experienced a deep correction in the past week. However, with the Fed’s dovish tone, cryptocurrencies led by Bitcoin have rebounded as a whole. Currently, BTC is around 66,500. The risk of further decline is reduced, and Dvol has also dropped further to 66,500. 72.5, Dvol is likely to fall further as the delivery date approaches. In terms of the crypto interest rate market, major Bitfinex spot investors are increasing leverage, and the Greenleaf interest rate market has become active again.
Arkham said on the social platform that since GBTC was traded as an ETF on January 11, Grayscale has transferred 266,470 Bitcoins out of the wallet for GBTC redemption. At the current redemption rate, GBTC will redeem all the Bitcoin it holds in 96 days. It is reported that at the beginning of this year, Grayscale’s Bitcoin Trust Fund GBTC held 618,280 BTC, and now only holds 356,440 BTC.
Polygon's modular blockchain project Avail announced the completion of a $ 27 million seed round of financing, led by Founders Fund and Dragonfly, a venture capital firm founded by Peter Thiel, with participation from SevenX Ventures, Figment, Nomad Capital and several angel investors. It is reported that Avail was spun off from Polygon in March 2023 and is led by Polygon co-founder Anurag Arjun. This round of financing will be used to develop three core products: its data availability solution (DA), Nexus and Fusion. The first iteration of Nexus is expected to go live in 2024, while Fusion Security will be ready in 2025.
Decentralized cloud infrastructure Aethir announced the launch of the first decentralized AI node sale, and its native token ATH will be used to reward node providers and checkers who maintain Aethir’s decentralized cloud infrastructure network. It is reported that the node price of each checker node starts at $ 500 and then increases tier by tier, with whitelists reserved for different participants in the Aethir community, partner community, KOL and venture capital team. This sale is intended to make All types of players are involved. The node sale will be launched at 10 am UTC on March 20, 2024, and the network is planned to be released in the second quarter of 2024.
On February 20, British Finance Minister Bim Afolami said that the British government is “strongly promoting” legislation on stablecoins and cryptocurrency staking services within the next six months. In October 2023, the Bank of England and the Financial Conduct Authority (FCA) announced broad plans to regulate the cryptocurrency industry in a coordinated manner. Furthermore, the timeline for the stablecoin rules suggests that the UK government will consult on the final rules in mid-2024 and implement a stablecoin regime by 2025.
Deutsche Telekom announced a partnership with the Fetch.ai Foundation, becoming Fetch.ai’s first corporate ally. Meanwhile, Deutsche Telekom subsidiary MMS will contribute to strengthening Fetch.ai’s decentralized network as a validator. It is reported that the Fetch.ai Foundation was originally a partnership between Bosch and Fetch.ai. It is a non-profit entity located in the Netherlands and is committed to advancing cutting-edge artificial intelligence and Web3 technology on the Fetch.ai network.
According to The Block, P2E gaming platform Arcade2Earn completed $ 4.8 million in financing, led by Crypto.com Capital, with participation from Solana Ventures, Shima Capital, KuCoin Labs and GSR. Arcade2Earn co-founder and CEO Josh Poole said that this financing is achieved through a simple agreement for future tokens, and Arcade2Earn will also conduct a public token sale. The public token sale will be the ARC token on Ethereum. , starting on February 27 and lasting 72 hours.
Drift, the DeFi protocol on the Solana chain, officially stated that it has launched Drift Points, a reward points program for traders and market makers, to quantify and recognize participants’ contributions and loyalty to Drift. Drift said that for traders who joined the platform before the launch of the points program, Drift has completed historical user snapshots to ensure that loyal users’ continued commitment to the platform is recognized. The first weekly point distribution will take place on February 2, 2024. According to The Block, Drift co-founder Cindy Leow said that the Drift token is expected to be launched "shortly" after the points program ends in March. She declined to comment on how Drift tokens would be airdropped to users based on Drift points, but said "there will be a correlation between the two."
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler said, “Grayscale’s victory played a key role in the approval of the Bitcoin spot ETF. We have rejected some applications (for Bitcoin spot ETFs) over the years, and some things have changed. I believe deeply in the rule of law and respect for the courts, and taking into account the new court decision, we move forward. I believe this is the most sustainable path forward."
Hong Kong virtual asset rating agency HKVAC announced the index adjustment results of the HKVAC Core Index and the HKVAC Market Index. In the market index section, Solana (SOL) will replace Ripple (XRP) as part of the index of the top 5 global large cryptocurrencies. Avalanche (AVAX) will replace TRON (TRX) as part of the top 5 global index of large cryptocurrencies. All changes will be effective January 19, 2023.
OKX has launched NEAR and ATOM chain currency-earning products. The starting quantity is 1, the redemption cycle is about 3 to 6 days and 21 days respectively, and the reference annualized rates are 6%-10% and 15%-17% respectively. Users can complete the on-chain currency earning subscription through the financial section of the OKX App or the navigation bar of the OKX official website, then select Earn Coins on the Chain in Financial Earning Coins, search for NEAR or ATOM and subscribe. It is reported that the OKX on-chain coin-earning product has many highlights such as no subscription limit, simplified on-chain operation procedures, improved user experience, and benefits from real on-chain annualized income. However, according to OKX’s reminder, OKX only provides related services such as project display and revenue distribution, and the platform does not bear any asset losses caused by potential risks such as contract vulnerabilities, hacking incidents, and project party escapes.
LINE NFT officially announced that it will cease services starting today. As its successor, LINE NEXT Inc. will provide a newly upgraded "DOSI" service, which is scheduled to be officially launched on January 10. LINE NFT expresses its gratitude to users for their long-term support and invites users to switch to the new version of "DOSI".
Blockchain payment application Telcoin once again issued a security incident update stating that it has completed preparations and internal testing of the recovery process, and has initiated an external audit of the new agent deployment. It takes several days for an outside firm to complete the audit. Once the review is complete, Telcoin will execute the recovery process and then resume Telcoin App services.
Bloomberg ETF analyst Eric Balchunas posted on social media that WisdomTree has submitted the latest version of the revised S-1 document for its spot Bitcoin ETF, designating Jane Street Capital as the authorized dealer (Authorized Participant) of its spot Bitcoin ETF.
Sui officially issued a statement stating that using zkLogin and NFT technology on Sui, Red Bull Racing has launched 3 limited edition free collectibles to celebrate their championship victory in 2023. The redemption period is 4 days. Of these 3 collector's editions, 2 are rarer than the 3rd. All collectibles include additional informational metadata, including the date and time the collectible was minted, as well as highlights and achievements from the 2023 F1 season. Users can only claim one collection, and these collections cannot currently be transferred or sold through any platform.
The FTX debtors have filed a revised Chapter 11 reorganization plan. According to the plan document, the value of the debt will be calculated based on the value of the tokens when FTX filed for bankruptcy on November 11, 2022, and the value of the crypto asset will be converted through a specified conversion rate. Cash to be determined.
The Bitcoin halving event may trigger a "survival of the fittest" battle among mining companies in April next year. In order to cope with this incident, large companies are purchasing newer and more efficient mining machines. But they may also consider gobbling up smaller miners as miners look for ways to benefit from the halving while ensuring their survival.
Decentralized derivatives trading platform Rollup.Finance announced the acquisition of automated market-making protocol CherrySwap. The merger statement stated that after the merger, the two projects will operate independently and will not integrate product function suites and services for the time being. CherrySwap token holders will be able to redeem Rollup.Finance’s platform token, and the exchange ratio will be disclosed when Rollup.Finance’s platform token is issued. In addition, both parties will be committed to promoting the integration and cooperation of the two communities. In the future, the two teams may work together to establish a comprehensive solution to access digital asset liquidity and solve the ecosystem development of both parties in zkSync.
According to official news, Coinbase International Station and Coinbase Advanced will launch Polygon (MATIC) and Bitcoin Cash (BCH) perpetual contracts. The MATIC-PERP and BCH-PERP trading pairs will be open on or after 18:00 on December 7, 2023.
TokenFi, an asset tokenization platform owned by Floki, announced that it launched the TokenFi token issuer and TokenFi QuickLaunch Bot on the Ethereum Goerli test network a week ago. During its first week of operation, the platform has successfully created 652 ERC-20 tokens, attracting 373 unique users to participate in token creation. The TokenFi token issuer is expected to go live on mainnet later this month. At that time, every transaction that creates tokens on the BSC and ETH chains through the TokenFi Token Issuer, TokenFi QuickLaunch Bot, or any TokenFi product, a certain percentage of the transaction fees will be used to purchase and destroy TOKEN tokens.
OKX CEO Star posted on social media that 50 projects have been deployed on the X1 testnet in the first week of launch, and the team is launching more projects. BlockBeats previously reported that OKX and Polygon jointly launched the zKEVM Layer2 network X1 and officially launched the test network.
Crypto KOL Blue Fox Notes stated on social media that TreasureDAO co-founder Karel Vuong revealed that TreasureDAO is building a game chain and plans to use MAGIC as a Gas token, which may be based on the Arbitrum chain or the Cosmos chain. The news has been confirmed by TreasureDAO co-creator Karel Vuong in the comments
Evmos developer Altiplanic is developing a mechanism to enable Cosmos tokens to be used as ERC-20 tokens on the Evmos blockchain. The planned release will provide Evmos developers with a unified token model for native and ERC-20 tokens.
Financial services company Republic will launch its tokenized investment fund, Republic Note, on the Avalanche blockchain. According to the statement, the Republic Note security token is designed to generate profits from a portfolio invested in more than 750 “private assets.”
Everdome launches SPACES Metaverse service, which will usher in a new era in the Everdome metaverse space. CEO Jeremy Lopez said that next we will adopt DOME repurchase and conduct treasury destruction to invest in this major cooperation, which will be beneficial to DOME holders and NFT owners. authors as well as Metaverse content creators are moves worth looking forward to.
Andrei Grachev, co-founder of DWF Labs, wrote: "The CMC index has changed from Fear to Extreme Greed in 30 days. The market feels a lot of good expectations and almost no threats. But be careful about using too much. times leverage, the market is still unstable, but if you are building and raising money, now is the best time.”
Yuga Labs will join forces with Magic Eden to launch the new Magic Eden ETH market
Prisma Finance announces retroactive airdrop aimed at spurring participation in Prisma on-chain governance
Animoca Brands has established a strategic partnership with Saudi NEOM (NEOM Tech & Digital, the technology subsidiary of the "Neom" new city construction project led by Saudi Crown Prince Salman Jr.) to promote local Web3 development. NEOM also plans to invest $50 million in Animoca Brands. Of this amount, $25 million will be through the issuance of convertible notes and the remaining $25 million will be used to purchase company stock in the secondary market. Animoca Brands stated that it will work with NEOM to build Web3 enterprise service capabilities with global commercial applicability to support technological advancement in Riyadh and the NEOM region, including plans to establish a center within NEOM to cultivate the local Web3 ecosystem and introduce resources from Animoca Brands and its subsidiaries, partners and broad portfolio companies.
According to CoinShares weekly report data, the net inflow of funds into digital asset investment products last week was US$326 million, the largest weekly inflow since July 2022. Bitcoin accounted for $296 million of inflows, although recent price gains also prompted $15 million in inflows into short-selling Bitcoin investment products. The improved optimism also prompted a massive inflow of $24 million into Solana, while a number of other altcoins also saw inflows. And Ethereum investment products saw $6 million in outflows last week.
Matter Labs, the zkSync development team, said that GRVT will provide a user experience similar to Robinhood and self-hosting functions of decentralized trading platforms such as Uniswap. It will become the first "hyperchain" in the zkSync ecosystem, that is, a type of blockchain that will serve as Layer 3 Validium. Custom blockchain running within the zkSync ecosystem.
Bloomberg analyst James Seyffart posted on social media that Invesco and Galaxy have submitted 19b-4 documents for their spot Ethereum ETF through CBOE. At present, the final deadline is unclear.
According to globenewswire, Virgo Global, the holding company of Canadian cryptocurrency trading platform VirgoCX, completed a financing of CAD 5 million. This round of financing was participated by Waterdrip Capital, Skylean Capital and Nextport Capital. The funds from this round of financing will be used to further develop its regulated entities. As well as continued plans to expand into new regions, there are also plans to develop a vertically integrated ecosystem from trading platforms to digital asset management to meet the various needs of users.
Ferrari's (RACE.MI) marketing and commercial chief said its luxury sports car business in the United States has started accepting cryptocurrency payments and will expand the program to Europe based on customer requests, Reuters reported. Cryptocurrencies have made efforts to reduce their carbon footprint through the introduction of new software and greater use of renewable energy.
Cryptocurrency options trading platform Deribit plans to launch more cryptocurrency options trading. Deribit COO Luuk Strijers said that starting next January, they will support options trading on Solana (SOL), Ripple (XRP) and Polygon (MATIC). Luuk Strijers also said that in the future they plan to apply for a European Union (EU) cryptocurrency broker license and consider moving the company from Panama to Dubai, subject to regulatory approval.
Frank, the founder of DeGods and y00ts, said on social platforms that the DeLabs team has launched "The Comeback Chapter One: Reset, Unify, Clarify" and has now reset all DeGods back to Season 1. Users can also reset the game in Seasons 1, 2 and 3. Switch between on-chain. This week, users will be able to migrate y00ts to Ethereum for free. In the meantime, DeLabs will also answer every question about DeGods, y00ts, points, art updates, IP, BTC DeGods and DUST
Vitalik Buterin published a latest article titled "Should Ethereum Encapsulate More Content in the Protocol", pointing out that Ethereum's original philosophy was to keep the underlying core as simple as possible, and recently people have become interested in integrating some functions into the underlying layer. The purpose of this article is to try to build a framework to better identify where embedding certain functionality in a protocol might be worth considering. The article specifically analyzes potential functions around account abstraction such as ERC-4337, ZK-EVMs, proposer-builder separation (ePBS), privacy memory pools, liquidity staking, and more precompiled contracts. Vitalik said that it is correct to keep the kernel simple from a pure software perspective, so that it can be easily adapted to the different needs of users and avoid the curse of software bloat. However, blockchains are not personal computing operating systems, they are social systems, which means it makes sense to encapsulate certain functionality in the protocol.
According to official news, the Sui Foundation announced that 17 projects have received its null.05 million grant, which will be used to build projects to promote Sui adoption and development. 17 projects involve DeFi, payment, infrastructure, oracles and other fields, including multi-chain platform Blockberry, third-person competitive shooting game Bushi, multi-chain AMM/DEX analysis platform CoinBrain, DeFi protocol Crumb Finance, DeFi protocol FlowX Finance, and more Chain index solution Indexer.xyz, MetaMask Snap for Sui developed by Kuna Labs, DeFi protocol Mole, Sui native liquidity protocol NAVI Protocol, social activities and on-chain asset platform NFC's on Sui, UI tool Scallop Tools, developed by Kuna Labs Smart contract SDK generator, hybrid oracle architecture Stork, Sui contract source code verifier developed by Movebit, Sui ecological tools and community platform Sui Owls, payment 3.0 solution Surf Wallet, and node deployment software Zeus.
Bloomberg analyst James Seyffart wrote that the SEC has officially received applications for Franklin Templeton’s spot Bitcoin ETF as well as Hashdex Bitcoin ETF and Ethereum ETF, and listed them on the official website. Seyffart said that it usually takes about a week from filing a 19b-4 to the SEC accepting the application, but the SEC’s rapid acceptance of the application this time may be based on concerns about the U.S. government shutdown. It was reported yesterday that Franklin Templeton submitted a 19b-4 document to apply for a Bitcoin ETF. After receiving the document, the U.S. SEC will initiate an official review process for the ETF.
According to Blockworks, Ethereum infrastructure service provider Blocknative will discontinue its MEV-boost relay service because the business cannot maintain economic benefits. Concerns about increasing centralization in the Ethereum network have intensified following Blocknative’s decision to discontinue its MEV-boost relay service. According to recent data, 93% of Ethereum blocks created in the past 14 days used MEV-boost, while five entities are responsible for 98% of MEV-boosted transactions. Currently, only four relays are still active on the network, and these relays play a key role in the settlement of transactions on Ethereum. The four remaining relays charge no service fees, making this core part of Ethereum infrastructure no longer profitable for its operators. If the issue of economic incentives is not addressed, the problem of relaying centralization is likely to be further exacerbated.