Ashten (@goode74144) • Hey

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Executives from Hong Kong virtual asset ETF issuers Harvest International and China Asset Management Hong Kong confirmed at the recent Bitcoin Asia conference that they are working hard to promote the mortgage of their ETF products in Hong Kong so that cryptocurrency investors can use ETF shares as loan collateral. Taste
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.
Ethernity announced the launch of the eponymous Ethereum second-layer expansion network Ethernity Chain, which integrates enhanced AI-driven security mechanisms and aims to set a benchmark for global brands to transition to blockchain. Considering that the global entertainment and media market is expected to reach US$ 3.5 trillion by 2030, Ethernity Chain hopes to become the top platform for brands to import their franchises into the blockchain. Previously, the team has successfully put well-known IPs such as Lionel Messi, Shaq, and Muhammad Ali on the chain. After discussions with industry leaders, Ethernity Chain provides brands with customized second-tier solutions. Its key features include: AI-enhanced security and digital rights management, plug-and-play toolkits for easy integration, and a friendly ecosystem that reduces gas fees. and 100% EVM compatibility that seamlessly integrates with existing standards. Brands can leverage the Ethernity product suite and plug-in toolkit to build a new generation of Web3 applications on their chain, covering Web3 games, digital collections, physical assets, interactive media, and more. In addition, products such as Fanable and Exorians will also be arriving in the near future. Ethernity stated that its ecosystem will continue to be powered by the native token ERN.
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.
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.
Decentralized betting platform ZKasino officially stated that it will integrate EIP-3074 when ZKasino Chain is launched, aiming to completely change the gaming experience on its platform. Users will no longer need to manage their ZKAS balance for gas fees, simplifying the process of interacting with dApps. Currently EIP-3074 is not online yet. Additionally, ZKasino said the new technology remains focused on its mission despite frequent outside distractions and FUD. ZKasino will continue to build, upgrade and promote updates to the ZKasino Chain to ensure that its platform remains at the forefront of the blockchain gaming field. Change can sometimes be met with skepticism, but ZKasino sees it as an opportunity for growth. ZKasino is excited about the future and looks forward to sharing its journey with users.
Matrixport, Wu Jihan's crypto financial services company, issued a statement saying that with the emergence of geopolitical risks over the weekend, the price of Bitcoin fell sharply, and open positions in Bitcoin futures were liquidated by approximately US$ 2 billion. Positioning peaked at $ 20 billion on April 9, with nearly 20% of the position having been liquidated, with open interest currently at $ 16.7 billion. Interestingly, Bitcoin does not offer the safe-haven characteristics that most people expect.
Cheng Songyan, CEO of Hong Kong Cyberport, said that building an artificial intelligence ecosystem is the focus of Cyberport’s current and future development. Next, more mainland enterprises will be encouraged to make good use of the Cyberport platform and the upcoming supercomputing center, so that these enterprises can form good cooperation with Hong Kong's financial technology, Web3.0, artificial intelligence and other industrial ecology, helping them to move towards Southeast Asia, Go global.
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.
Polygon modular blockchain project Avail announced that it has joined the AI Gaming Alliance initiated by NIM Network. The strategic partnership between the two parties will focus on creating specialized DA solutions for artificial intelligence games. Previously, decentralized data sharing protocol OceanProtocol, on-chain competition platform JokeRace and Web3 social simulation game Today have joined the alliance. BlockBeats previously reported that in February, Avail announced the completion of a $ 27 million seed round of financing, led by Founders Fund and Dragonfly, the venture capital firms founded by Peter Thiel, with participation from SevenX Ventures, Figment, Nomad Capital and several angel investors
The re-pledge protocol ether.fi stated on social platforms that it has launched the second quarter point activity StakeRank, which will be from March 15 to June 30. Long-term staking users will receive generous rewards, accounting for 5% of the total ETHFI supply. StakeRank consists of 8 levels. Every 100 hours of staking ETH increases the level. Each level has a higher loyalty points increase rate. The pledge balance needs to exceed 0.1 eETH to increase the level. Users who account for more than 70% of the points in the first quarter must register in the first quarter. Users who pledge again during Season 2 and withdraw early will not be eligible for the airdrop.
Christine Kim, vice president of research at Galaxy, posted a summary of the 130th Ethereum Core Developers Consensus (ACDE) conference call. This week, developers discussed unfinished work items related to the Dencun upgrade, proposals for the Pectra upgrade, and the Ethereum consensus layer improvement of. The developers agreed to include EIP 7251 in Pectra, increase MAX_EFFECTIVE_Balance, and continue to explore the possibility of including EIP 7547 (inclusion list) in the upgrade.
Bankrupt crypto lender Genesis and parent DCG are set to enter talks in a New York court over plans to repay creditors whose digital assets and cash have been frozen on the platform since the collapse of several large crypto companies in November 2022. Judge Sean Lane will decide whether Genesis' proposal is authorized by bankruptcy law. Monday's trial is expected to last at least several days. According to previous news, on February 22, DCG opposed the settlement plan proposed by subsidiary Genesis and the New York Attorney General’s Office. Genesis Global reached an agreement with the attorney general's office earlier this month to settle charges of "defrauding investors," but parent company DCG said it was not an appropriate settlement. DCG said in an objection filed in the U.S. Bankruptcy Court for the Southern District of New York that Genesis "cannot use the settlement as a pretext to extract value from the underclass and redistribute it to senior creditors, thereby violating absolute priority."
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.
With the acceleration of global innovation and development of AI technology, Delysium has gained great attention in markets such as South Korea with its forward-looking layout of AI Agent Network and deep accumulation of AI technology. Its AGI token has increased by nearly 300 in the past month. %, ranking among the top performers in the AI sector. Delysium focuses on using AI technology to build a user-intent-centered AI Agent Network for the Web3 field. Through efficient communication and collaboration mechanisms, it achieves accurate user intent capture and efficient completion of automated workflows. The Delysium white paper has also been released recently. Its ecology is mainly divided into communication layer and blockchain layer. In addition, the AI Agent "Lucy" launched by Delysium is the first AI-driven Web3 operating system. It can flexibly coordinate different Web3 products and accurately plan the most effective workflow to achieve a series of on-chain goals, including but not Limited to complex combinations of asset query, transfer, pledge, Swap, cross-chain and other operations. Currently, Lucy already supports BNB Chain and Ethereum, has more than 1.4 million unique wallet addresses, and will release major updates in the near future.
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.
OKX announced that it has joined hands with Biconomy, ZeroDev and Rhinestone to formally propose the ERC-7579 standard, which simplifies and unifies modular smart account management technology and aims to help developers more conveniently customize functions and improve the user experience for Web3 wallet users. By introducing the ERC-7579 standard, it provides developers with a minimized and standardized way to handle modular smart accounts and improves the interoperability of modular smart accounts between different wallet service providers, thus reducing the number of smart account communities. fragmentation and promote a more integrated blockchain ecosystem. In addition, the ERC-7579 standard also paves the way for a "module store" that allows any developer to create modules compatible with different smart accounts, opening up endless possibilities in the field of Web3 wallets and related solutions.
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."
According to The Block, TD Cowen Investment Bank believes that the U.S. SEC is unlikely to approve an Ethereum spot ETF in the short term. Despite the recent approval of a spot Bitcoin ETF, TD Cowen expects the SEC to take a more cautious approach to approving a spot Ethereum ETF. Analysts noted that the SEC may wait to gain experience from a Bitcoin ETF before considering approving an Ethereum or other cryptocurrency ETF. The investment bank said the wait for approval may not be as long as 26 months and could come after the U.S. election.
Nike's NFT platform .SWOOSH said it will further expand into video games in the coming year, but it is unclear whether future gaming activities will involve NFTs. And said that in the future, it will enter the video game field more deeply by launching a new virtual product series-Nike in-game wearable devices. In-game wearables differ from their digital collectible counterparts (like OF1) in that users can purchase and wear these collectibles directly within their favorite video games.
According to The Block, Bitcoin mining company Marathon Digital announced an update on Bitcoin production and mining operations in December, in which 1,853 BTC were produced in December, worth approximately US$ 81.2 million, setting a monthly Bitcoin output record for the company. Marathon attributes its production growth to higher transaction fees on the Bitcoin network. 12,852 BTC ($ 563.4 million) have been produced in 2023, more than tripling the 4,144 BTC mined in 2022. As of December 31, 2023, Marathon held over 15,000 BTC.
Arthur Hayes predicts Bitcoin will face a 20% to 30% correction in March and unveils his options trading strategy
Ripple expects over 41 billion XRP in custodial wallets to be fully released by 2027
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.
According to Sing Tao Toutiao, Hong Kong-listed company Delin Holdings will launch AI family office services. Its executive director and chief marketing officer Ai Kuiyu said that the relevant system and APP are expected to be launched in the first quarter of 2024, and the customer asset threshold will be set is US$ 1 million. In addition, Delin Holdings will also launch the investment data system "DL-GPT". All asset information will be stored on an unchangeable blockchain, and the company will not have viewing rights. Ai Kuiyu also revealed that Delin Digital Family Office is applying for a virtual asset management license from the Hong Kong Securities Regulatory Commission. It is expected that the proportion of virtual assets in its investment allocation will continue to increase in the future. However, due to the uncertainty in the pricing of virtual assets, especially virtual currencies such as Bitcoin, There are clear definitions, so when managing virtual assets for customers, we will be cautious and temporarily control the allocation ratio of such assets below 5%.
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.
Hadrien Charlanes, founder of the decentralized reputation protocol Sismo, posted on social media, "Sismo returned funds to investors today. Sismo raised $ 10.5 million from 130 investors (returning 51% of the financing). Investors are providing They have been supportive in terms of strong suggestions and have never been short-term profit oriented. Many thanks to them for supporting until the end without any gain. Sismo has open sourced the parts that have not yet been open sourced and will maintain the basic infrastructure for a few months. Thanks a lot Everyone helping Sismo on the road.” Sismo is an on-chain reputation project based on zero-knowledge proof. Its feature is that users can prove that they own an asset without disclosing their wallet address.
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.
LegalDAO recently launched the "Lawyer GPT Party" event, which will assist lawyers from different countries and professional fields to create AI legal solutions in their areas of expertise on the LegalNow AI platform. LegalNow AI is a legal AI platform founded by the LegalDAO initiating team and is committed to providing professional and intelligent legal service solutions to small business users around the world. It is reported that LegalNow AI completed angel round financing this year, with investors including Arweave SCP Venture, zCloak Network, NDV Lianchuang Christian and others.
According to DeBank data, the Layer 2 network Blast contract address launched by Blur founder Pacman currently holds assets worth more than $ 667 million, surpassing Base ($ 607 million) to become the third largest Ethereum L2, second only to Arbitrum One. ($ 7.81 billion), OP Mainnet ($ 3.91 billion).
Vitalik plans to redesign Ethereum staking, praises UTXO payment model
USTC rose by more than 150% in 24 hours, perhaps due to the expected airdrop of Mint Cash, a new stablecoin project in the Terra ecosystem.
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.
The cross-chain bridge Mini Bridge announced that during the 19th round of Gitcoin donations, it will provide a 50% discount on the gas for cross-chain transfers to the PGN network. Users who have previously donated to Chaineye/Biteye Gitcoin can also receive up to 20% fee discounts on other chains. Mini Bridge is Chaineye's new product, focusing on fast transfers of small amounts with 0 fee. It currently supports 9 Layer2s including Arbitrum, Base, Linea, Manta, Optimism, PGN, Scroll, Starknet, and zkSync Era.
Web3 social network platform Sleek has raised $ 5 million in a seed round with participation from Binance Labs, Shima Capital, Spartan Group, Symbolic Capital, Market Across and Big Brain Holdings. This round of financing was achieved through the Agreement for Future Tokens (SAFT). Sleek was valued at $ 50 million in the round, sources said. It is reported that Sleek started out as ChapterX, a no-code metaverse platform, and then turned to developing a Web3 social network platform. ChapterX was a project in Binance Labs’ Season 4 Incubation Program. Sleek co-founder Chase Guo was the investment director at Binance Labs before founding ChapterX (now Sleek).
Excitement over the potential approval of a spot Bitcoin ETF has fueled a strong rally in the digital asset over the past month, but the gains appear to have been overdone, JPMorgan said in a research note last week. Analysts said that “the approval of a spot Bitcoin ETF will help the crypto market attract new capital as newly approved ETFs will see inflows.” ).” Therefore, the US SEC’s attitude towards the cryptocurrency industry is more likely to soften. The bank said it was skeptical of both claims. Existing funds are more likely to move from current Bitcoin products such as the Grayscale Bitcoin Trust (GBTC), Bitcoin futures ETFs, and listed mining companies to newly approved spot ETFs, rather than new capital entering the cryptocurrency space. JPMorgan notes that such ETFs already exist in Canada and Europe, but "there has been little investor interest since their launch."
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.”
SlowMist Chief Information Security Officer 23pds posted on social media that the Telegram bot named FriendSniperBot requires users to directly import private keys, which poses a greater risk. According to feedback from a community member, the bot has already stolen users' private keys. However, 23pds stated that there is currently no relevant conclusive evidence and the Slow Mist team is continuing to follow up.
On-chain detective ZachXBT said on social platforms that a fake Ledger Live application appeared in the Microsoft App Store, resulting in more than 16.8 BTC ($588,000) being stolen, and users need to remain vigilant.
The decentralized derivatives trading platform Gains Network now supports access to the Bitget Wallet (formerly BitKeep) plug-in wallet. Users can connect to Gains Network on the web and mobile app through Bitget Wallet, and use its decentralized leverage trading, staking native token GNS and other services. At the same time, users can also use Bitget Swap to trade GNS tokens on the Polygon and Arbitrum chains in the Bitget Wallet wallet.
According to official news, Chainlink Data Feeds, a centralized data solution for DeFi, has been launched on Linea. Native integration of Chainlink Data Feeds on Linea helps ecosystem developers leverage the inherent scalability of Linea’s Ethereum-based zk-rollup to create high-throughput Web3 protocols built on Chainlink’s oracle security and reliability.
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.
Web3 credential data network Galxe officially stated that it has successfully distributed a total of 466,296.74 USDT on the Polygon network, which also includes an additional 10% as a demonstration of its commitment and sincerity to the community. After Galxe was attacked, it stated that users would be fully compensated for their losses, and the team would provide an additional 10% compensation.
The stablecoin trading project Platypus Finance posted on social media that the development team is conducting an investigation to identify the root cause of the vulnerability in this incident. As a safety precaution, its mining pool will remain suspended until the underlying issues are discovered and corrected, and its platform undergoes another round of audits. As the duration of this investigation remains uncertain, Platypus Finance will arrange refunds for all existing LPs and detailed withdrawal instructions will be shared with the community in the coming days. Additionally, Platypus is currently in contact with the hackers in an attempt to initiate negotiations.
Paolo Ardoino, who is about to become Tether CEO, said on social media, "Tether Real World Ecosystem (RWE) will be launched soon." In an interview with The Block, Paolo Ardoino said that while Tether’s USDT stablecoin “remains a key product and the company will be firmly focused on its growth, the company is also expanding into new areas. Tether will soon announce a new platform to leverage Tether’s experience in building financial technology, focused on real world assets (RWA).”
A Rug Pull occurred on the BNB Chain on-chain project Lucky star Currency, and the deployer has made a profit of USnull.1 million. Its token LSC fell from $2.8 to $0.04
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
Tokenize.it, a token-based corporate financing and employee engagement platform, has announced the completion of a €2 million seed round with participation from High-Tech Gründerfonds (HTGF), w3fund and Seed + Speed, as well as a group of business angel investors. Tokenize.it provides standardized financing procedures that meet compliance requirements for corporate investment transactions by mapping profit participation rights on tokens, and ensures automated execution of financing transactions based on blockchain smart contract technology, thereby bringing better trust and transparency .
Axie Infinity co-creator Aleksander Leonard Larsen said in an interview with DL News that the "AAA game" label has become a "marketing gimmick" for Web3 game projects. Rather than proving themselves through work, teams focus on metrics like the NFT floor price or the number of developers their team has. In addition, Larsen also revealed that some chain game projects maintain development by seconding developers from other studios, resulting in difficulties in internal team cooperation. So-called AAA chain games may have difficulty fulfilling their promises.
LSD stablecoin protocol Lybra Finance will launch the Lybra DAO at 21:00 on October 1, Beijing time. esLBR and LBR holders can now participate in Lybra decision-making by submitting governance proposals and voting. Submitting a DAO proposal requires a minimum of 10,000 esLBR and will be submitted through Tally. Voting will start 2 days after the proposal is submitted. Any LBR/esLBR holder can vote, but any LBR used will be automatically converted to esLBR when voting, and 1 LBR represents 1 vote. Each proposal will have 7 days to vote. If the DAO votes "yes" to a proposal on a necklace, the proposal will be automatically executed by Time Lock 2 days after the vote ends.