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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.
Metaplanet, a Japanese listed company, announced that it has adopted Bitcoin as its strategic reserve asset to cope with Japan's continued economic pressure, especially high government debt levels, long-term negative real interest rates, and the subsequent weakness of the yen. . Metaplanet’s strategy clearly prioritizes a Bitcoin-first, Bitcoin-only approach and may use long-term yen liabilities and periodic equity issuances as strategic financial options to continually accumulate more Bitcoin rather than retain an increasingly weakening yen . This approach aims to increase the value of each Bitcoin share, solidifying shareholder value in the long term. It is reported that Metaplanet is engaged in hotel development and operations, as well as various other areas of IR and Web3 consulting, real estate development, investment and distribution business. The company was founded in 1999 and is headquartered in Tokyo, Japan.
FTX and its affiliated debtors filed a plan of reorganization and disclosure statement with the U.S. Bankruptcy Court in Delaware. The plan is expected to centrally distribute substantially all of FTX's assets in the event of bankruptcy in November 2022 to customers and other creditors around the world. FTX expects the total value of properties collected, converted to cash and available for distribution to be between $ 14.5 billion and $ 16.3 billion. This amount includes assets controlled by the Chapter 11 Debtors and assets controlled by FTX Digital Markets, Ltd. (Bahamas), Joint Official Liquidators, The Bahamas Securities Commission, FTX Australia, Joint Official Liquidators, If the plan is approved by the bankruptcy court, 98% of FTX's creditors would receive approximately 118% of the amount of their allowed claims within 60 days of the plan's effectiveness. Remaining creditors will receive all of their claims "plus billions of dollars in compensation for the time value of their investments."
Avail, the Polygon modular blockchain project, tweeted that it has started the second phase of airdrop applications. To reward the Avail community, Phase 2 is rolling out rewards for multiple groups, including: • Provide rewards for more Clash of Nodes participants; • Rewards for users of the Polygon PoS Liquid Stake protocol. The event will run from now until May 12 at 16:00 UTC
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Rune No. 2 DECENTRALIZED launched by NFT project developer CyberKongz stated on social platforms that a snapshot has not yet been taken and will be announced in advance and the distribution plan will be announced next week. Prometheans Discord holder verification is coming soon. BlockBeats previously reported that on April 20, CyberKongz successfully deployed the No. 2 rune "DECENTRALIZED". Previously, CyberKongz has airdropped 17,850 Prometheans to the Ordinals community, and the airdrop will be targeted at the Bitcoin NFT community including NodeMonkey and Runestone. The total supply of Prometheans is 21,000, of which 85% will be distributed to the Ordinals community and 15% to CyberKongz holders.
Ethereum Layer 2 network LightLink stated on social platforms that it will airdrop LL tokens to Mocavers NFT holders, and each Mocavers NFT will receive 1,000 LL. Claim details will be released soon on the MOCA Discord. On April 19, Ethereum Layer 2 network LightLink stated on social platforms that it would airdrop LL node NFT to TIA and PYTH stakers. The airdrop will reward communities that help keep their network secure, more details will be announced in the future
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.
Merlin Chain, the second-layer Bitcoin network, announced the Merlin's Phantom plan, which aims to enable Bitcoin assets to be "swap" free, instant, and threshold-free in different ecosystems, and to obtain multiple empowerments through various forms, thereby in While not issuing new assets, the liquidity will remain in the native community. The main use cases of Merlin’s Phantom include: token swap, asset migration between different protocols, asset interoperability between multiple chains, etc.
Scopescan posted on social media that the Estonian government decided to extradite Ivan Turogin and Sergei Potapenko to the United States in January. Following the transfer of Silk Road-related Bitcoin, the U.S. government has moved more than 600 Bitcoin to new addresses in the past three days, worth more than $ 40 million.
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.
Sports metaverse platform Gameplan announced the completion of a seed round of financing, with participation from P2 Ventures (formerly Polygon Ventures), Emchain, OXFUN and Double Peak. The amount of financing has not yet been disclosed. It is reported that Gameplan is a sports metaverse platform founded by UFC mixed martial arts superstar Khabib Nurmagomedov. It aims to provide mixed martial arts fans with a collection of activities, games, shopping and interaction with sports idols. A one-stop destination for deeper connections between high-profile athletes and their supporters.
10x Reaearch founder Markus Thielen released a video saying that the $ 68,330 mark is very critical for Bitcoin because it was the starting point for the last time Bitcoin hit a new high. Markus Thielen said that Bitcoin prices fell last week due to three consecutive days of net outflows from ETFs. However, the market rebounded over the weekend, so if Bitcoin can hold $ 68,330, a technical head and shoulders bottom formation is formed, and Bitcoin will rush directly to the next all-time high target of $ 83,000, or even break through the $ 100,000 mark.
The NFT lending protocol JPEG'd community initiated a voting on the proposal "Using treasury funds for airdrop mining", intending to allow the project team to use part of the funds in the treasury for airdrop mining, such as Eigenlayer, Blast, etc., to allow the project team to use the treasury to At most 50% of Ethereum is used for airdrop mining strategies.
Aperture Finance has released its “light white paper” introducing a revolutionary DeFi infrastructure based on chatbot UX. The infrastructure aims to revolutionize how users interact with the blockchain by letting them "state their goals" in natural language and plug into a network of solutions for better execution and pricing than is possible under the current trading paradigm. Way. Aperture is building a novel chatbot UX powered by an underlying "intent" infrastructure that will allow users to express their trading goals and preferences more intuitively and efficiently, making it easier and more precise to mine the blockchain potential, promising benefits for wider adoption. The infrastructure is divided into several components, including an intent clearinghouse (Mempool), zero-knowledge proofs for data validity (ZK-Simulate), verification smart contracts, and a ranking and execution engine. In addition, Aperture innovatively proposes "Solution DAOs (Solver DAOs)" as its application layer. These DAOs will focus on enabling and solving use cases based on specific intentions without worrying about the underlying execution requirements.
Farcaster ecological meme project Degen announced the completion of 490.5 ETH (approximately US$ 1.47 million) angel round financing. 1confirmation led the investment and Farcaster OG and others participated. The funds will be used to develop the Degen ecosystem and community.
Polygon ID announced the launch of version 6 on the social platform, which implements dynamic voucher IDs for the first time, and users can automatically renew expired vouchers through the wallet. This update also includes features such as new QueryBuilder, custom credential design, private uniqueness proof (Beta), and more.
Crypto liquidity staking platform ClayStack is entering the Ethereum staking space with EigenLayer and offering bonus points to users ahead of the launch of its token. ClayStack is converting its liquid Ethereum staking token called csETH into a liquid re-staking token, the project said on Monday. ClayStack uses the Ethereum re-staking protocol EigenLayer to provide new services. ClayStack will announce its token launch plans next month, ClayStack founder and CEO Mohawk Agarwal said, declining to specify a launch date.
On January 24, Zorp, a ZK-L1 network Nockchain development company, announced the completion of a US$ 5 million seed round of financing, led by Delphi Ventures, with participation from North Island Ventures, CMCC Global, Portal Ventures, Champion Hill Ventures, Breed VC, Octu Ventures and Labyrinth DAO. cast. It is reported that Zorp is building Nockchain as a high-throughput chain that provides proof of computing, storage and new namespaces. With Nock, Zorp built the first combinator-based virtual machine that works efficiently with zero-knowledge proofs. Nockchain is a proof-of-useful work-based blockchain that sits on top of its ZKVM.
According to Korean media Hankyung, South Korea’s financial regulatory authorities decided to recognize the current trading of overseas futures Bitcoin ETFs. On the 14th, the Financial Services Commission announced through a press release issued in the afternoon that overseas Bitcoin futures ETFs will be managed in accordance with current regulations and there are no plans to regulate overseas Bitcoin futures ETFs. Previously, major securities firms had sought opinions from regulators on whether they could broker Bitcoin futures ETF transactions. At the same time, regulatory authorities also stated that the issuance and brokerage of Bitcoin spot ETFs may violate the existing government's position and the Capital Markets Act. The US legal system is different from South Korea, so US cases cannot be directly applied to South Korea.
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.
Bitget announced that it will list ZKFair (ZKF) in the Innovation Zone and Layer 2 Zone. The deposit channel is now open, and the trading channel will be opened at 19:00 today (UTC+8).
Ordz Games, the first game NFT + Gamefi project on the Bitcoin mainnet, completed its IDO on ALEX, the leading DEX platform of Stacks ecosystem, with an overraise of 81.705 times and a total of 192.00675 BTC participating. The project's BRC-20 token name was changed from $OG$ to ORDG, which means ORDinal + Games = ORDG. As of press time, all wallets that participated in IDO but did not win have been refunded. It is reported that Ordz Games was launched on March 22 and is the first Gamefi project to engrave retro game codes onto Satoshi and reward users with BRC-20 tokens through seasons. BlockBeats reported that the project announced the completion of a seed round of financing on December 25, with participation from Waterdrip Capital, Unisat, Satoshi Lab, CoinSummer, Sora Ventures, etc., and then announced the launch of the first IDO project of the multi-chain launch platform on ALEX.
, Bloomberg ETF analyst James Seyffart posted on social media that VanEck has submitted the latest revised S-1 filing for its spot Bitcoin ETF. With this update, the Bitcoin spot ETF applied for by VanEck has officially been converted to cash creation, but the authorized trader (Authorized Participant) has not yet been officially named. James Seyffart added that this does not mean they will not be approved. Prior to an offering, each issuer must file a valid prospectus. Essentially this already means they can go live, it's just that APs (along with fees and other details) must theoretically be specified within them.
The newly launched DePIN function of QnA3.AI has won widespread praise from users. Its user activity (UAW) ranks second on the BNB Dapp list and ranks sixth on the full-chain Dapp list. It is reported that after users install the QnA3 Data Mining plug-in, QnA3 will use the idle computing resources on the user's device to perform data cleaning and data capture of large models, and provide generous point rewards to users who contribute computing power. QnA3 not only combines the ChatGPT features and intent-centric transaction mechanism in the encryption field, but also adds the innovative elements of DePIN, further expanding the platform's influence and user base. It is worth mentioning that QnA3 is also a star project of the Binance Labs incubator.
The Solana Saga phone is currently selling for as much as $ 3,000 on eBay at a 500% premium. Its official launch price is only $ 599. The catalyst for the surge in Saga mobile phones may be related to the Solana-based MEME token Bonk, which has increased by more than 19,103% since October, and each Solana Saga mobile phone is entitled to receive an airdrop of up to 30 million BONK tokens, which in turn promoted The price of this phone in the secondary market.
Arweave founder Sam Williams posted on social media that he has learned from reliable sources that Arweave’s ecological Web3 storage solution Irys (formerly Bundlr Network) is considering forking Arweave in an unsafe and anti-social form. However, despite the existence of a framework for growing Arweave, Irys plans not to maintain the dataset and restart the token supply. When asked why, the folks at Irys said they didn’t want to support existing data and provide tokens to Arweave. Sam Williams thinks Irys is too greedy and short-sighted, and hopes Irys can build the fork the right way, and Arweave is always willing to talk to them and provide support if it helps the ecosystem. If Irys users need help with migration, ar.io, another Arweave ecosystem storage project, can provide immediate support. It is reported that Bundlr handles about 95% of Arweave transactions and has been known as Arweave’s scaling solution. When it changed its name in October this year, it stated that it had completed more than one billion transactions.
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.
The U.S. National Vulnerability Database (NVD) flagged Bitcoin Inscription as a cybersecurity risk on December 9, calling attention to a 2022 security vulnerability developed by Ordinals Protocol, Cointelegraph reported. According to database records, in some versions of Bitcoin Core and Bitcoin Knot, data carrier restrictions can be bypassed by obfuscating the data into code. The vulnerability is currently being analyzed as a potential impact, which could result in large amounts of non-transaction data flooding the blockchain, potentially increasing network size and adversely affecting performance and fees. It is reported that being added to the NVD list means that a specific cybersecurity vulnerability has been identified, cataloged, and deemed worthy of public awareness. The database is managed by the National Institute of Standards and Technology (NIST), an agency of the U.S. Department of Commerce.
Fiatjaf, the developer of the decentralized social protocol Nostr, issued a statement on social media warning users to avoid interacting with the platform called NostrAssets. According to fiatjaf, NostrAssets is a fully managed service under the name Nostr, which is essentially an affinity scam. NostrAssets has no actual relationship with the Nostr protocol itself, it only borrows Nostr in naming. fiatjaf stressed that users should not deposit any sats to the platform. In addition, fiatjaf also accused the Token named nostr issued on the platform of being 100% fraudulent and having no connection with the founder and team of Nostr.
The Safe team issued an announcement saying that it found a security issue in its 4337 Canonical module v0.1.0 version. The official urgently requires all teams using this version to stop immediately and wait for the review of the v0.2.0 version to be completed. It is reported that the review of the v0.2.0 version is expected to be completed next week, which will bring additional features.
The official website of the U.S. Securities and Exchange Commission (SEC) disclosed two memorandums (Memorandum). A memo shows that on November 20, Eastern Time, the SEC and Grayscale were discussing proposed rule changes for the listing and trading of the Grayscale Bitcoin Trust ETF. Another memo showed that on the same day, the SEC met with BlackRock, the world’s largest asset manager, to discuss proposed rule changes for the listing and trading of the iShares Bitcoin Trust ETF. Among them, the memo shows two ETF redemption methods: In-Kind Redemption Model or In-Cash Redemption Model. The physical redemption model means that the final redemption is the Bitcoin shares held by the ETF, while the cash redemption replaces the Bitcoin shares with equivalent cash. Bloomberg ETF analyst James Seyffart tweeted that BlackRock appears to be leaning toward the former.
According to the chain weekly report released by Glassnode, as market transactions reached the high point of the year, more than 16.366 million BTC (equivalent to 83.6% of the circulating supply) were in profit. This was the first time since November 2021 (near the all-time high) the highest level. However, the size of the unrealized profits held in these coins remains modest, as measured by the difference between the spot price and the coin's cost basis. The extent of unrealized profits held by investors has so far not been enough to incentivize long-term holders to sell, keeping total supply relatively tight.
BRC-20's latest Swap project, BTDI, will begin casting tonight at 9pm. It is reported that BTDI is a Swap platform built on the BRC-20 protocol, where users can Swap, provide liquidity and earn BRC-20 tokens. Users can choose from different gears for casting BTDI, starting at a cost of $ 200.
Bitcoin supporter Javier Milei ultimately emerged victorious in Argentina’s presidential election. It is reported that Javier Milei has made relevant remarks in public interviews many times. After he was elected president, one of his important goals was to prevent Argentine peso inflation and the continued shrinking of people's wealth. Milei sought to abolish the peso and the central bank and use the U.S. dollar as legal tender.
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.
It is reported that after relaunching the investment immigration program, the Hong Kong government is considering listing virtual assets such as Bitcoin on licensed virtual asset trading platforms as acceptable investment projects. This measure aims to expand the asset scope of investment immigrants to attract more high-net-worth individuals to settle in Hong Kong. Although there have been calls for real estate investment to be included in the qualifications, the government has so far remained neutral and emphasized that real estate investment is not included. The move is expected to enhance Hong Kong's competitiveness in the global wealth management field, while attracting the attention of more family offices and asset managers.
Musk said on Sunday that artificial intelligence project xAI will be integrated into the social platform X and will also be available as a standalone application. According to previous news, xAI released its first artificial intelligence model "Grok" on Friday and will be open to all X Premium+ users after completing early testing. Musk said that Grok can obtain information in real time through the X platform, which is a huge advantage that other models cannot match.
Curve founder Michael Egorov initiated a proposal in the BSC ecological lending protocol Venus Protocol community, proposing to deploy Venus Protoco on the Ethereum main network, and use Curve tokens crvUSD and CRV as collateral and loanable assets. At the same time, Curve will be established on the Ethereum main network. VAI/crvUSD, XVS/crvUSD and XVS/VAI liquidity pools. Curve will incentivize 500,000 CRV and require Venus to match this mining incentive with XVS, bringing the annual interest rate of the incentive to 10%.
According to official news, cross-chain smart contract platform Neutron has announced the launch of the interoperability network Nexus, allowing any Rollup to easily and permissionless bootstrap assets and liquidity from major crypto ecosystems. Built by contributors from Neutron, Hyperlane, and Mitosis, Nexus leverages IBC and Hyperlane’s modular security stack to unlock liquidity between Cosmos, Ethereum, and the modular ecosystem. It quickly and securely transfers assets between any rollup: Arbitrum, Manta, Eclipse, and more. Cross-chain applications can quickly integrate and leverage liquidity from any domain in the Cosmos and Celestia ecosystems.
According to Contxto reports, Brazilian cryptocurrency anti-fraud company Vaas announced the completion of a Pre-Seed round of financing of approximately US$2 million. This round of financing was led by ABSeed, with participation from Fuse Capital and 4UM’s Honey Island. The new funds will be used to develop new products and expand into traditional financial areas such as banking. The solution launched by Vaas supports tracking the entire history of assets in crypto wallets and identifying some irregular or suspicious transactions. The startup, which is still in the proof-of-concept stage and working with some major companies, plans to launch its blockchain transaction tracking platform next month.
Bitcoin security researcher and Bitcoin developer Antoine Riard, who quit the development of the Lightning Network due to security concerns and fundamental challenges facing the Bitcoin ecosystem, believes that the Bitcoin community faces a "hard dilemma" because of a new class of alternative loops. The attack puts the Lightning Network in a "dangerous position." It is understood that the substitution cycle attack is a new type of attack. The attacker can exploit the inconsistency between various memory pools to steal the funds of payment channel participants. He pointed out that solving the new attack may require changes to the underlying Bitcoin network. "These types of Changes require maximum transparency and buy-in from the entire community as we are changing full node processing requirements or the security architecture of the decentralized Bitcoin ecosystem.”
Camelot, the DEX built on Arbitrum, announced that after becoming the only protocol to receive 200 million votes, Camelot received 3.09 million ARB donations and will begin distributing them in the coming weeks. The donation will be used to bring new builders to the ecosystem, support native protocols, and advance ARB adoption.
California Governor Gavin Newsom approved a cryptocurrency regulation bill that will impose stricter regulations on crypto businesses starting in 18 months, Cointelegraph reported. Cryptocurrency companies will be required to keep financial records and regulators will be allowed to audit these entities. Gavin Newsom announced in a statement released on October 13 that the bill, called the "Digital Financial Assets Act," will force individuals and companies to obtain a license from the Department of Financial Protection and Innovation to engage in digital financial asset business activities. The plan is effective July 1, 2025. The bill would require a licensee to maintain certain records for five years after the activity, including maintaining at least monthly a general ledger listing all assets, liabilities, capital, revenues, and expenses of the licensee.
According to Coin Edition, SkyBridge Capital founder Anthony Scaramucci recently said in an interview that although the Federal Reserve appears to be doing well, the system it operates in is fundamentally broken. Anthony Scaramucci proposes an immutable asset with defined scarcity as an alternative that no other asset has except Bitcoin, which he believes is evolving into a more valuable store of value than gold . And predicts that in the event of a collapse of the U.S. financial system, Bitcoin’s market value will reach $15 trillion.
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."
According to data from Bitcoin investment company NYDIG, the price of Bitcoin fell by 11.1% in the third quarter of this year. Among major asset classes, the price performance was only better than that of long-term Treasury bonds (which fell by 11.9%). However, Bitcoin was not the only asset to fall this quarter. Nearly every other asset class, including stocks, bonds, gold and real estate, fell in the third quarter. Additionally, despite a poor third quarter, Bitcoin continues to maintain its status as the best-performing asset/asset class this year, up 63.3% year-to-date
The dYdX community temperature-checked the vote with the “dYdX v4 Launch Incentive Proposal,” which proposed allocating $20 million in DYDX from the dYdX Chain community treasury for a 6-month launch incentive program deployed on v4 to incentivize early adopters.
According to Finsmes, AI digital identity provider Prins AI completed a $100 million Series B round of financing, led by AAB VC. The new funding will strengthen Prins AI’s financial position and support its ongoing research and development efforts. The Prins AI platform uses blockchain technology and smart contracts to record AI digital human training and application behaviors, and uses a cryptocurrency reward mechanism to allow users to participate in the AI digital human training program.
According to Wu Shuo Blockchain, it was learned from multiple investors that relevant personnel of the GameFi project Tiny World are suspected of being investigated by the police. Tiny World is the original EOS Three Kingdoms team. In 2022, Tiny World completed US$2.5 million in financing. This round of financing was participated by HashKey, SNZ, Sky9 Capital, Everest Ventures Group (EVG), TokenPocket, Cipholio, Foresight Ventures, COCOS-BCX, etc. Analysts pointed out that at present, chain games in China are easily linked to the crime of opening casinos.