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- XREX Singapore, a blockchain financial institution specializing in cross-border payments in emerging markets, announced that it has obtained a major payments institution (MPI) license from Singapore’s central bank and financial regulator, the Monetary Authority of Singapore (MAS). The company previously received in-principle approval from the Monetary Authority of Singapore in November last year.
- According to the Solana Developer Forum, the "Proposal to Enable Full Priority Fee Rewards for Verifiers on Solana Mainnet-beta" discussion suggested adjusting the priority fee structure to "reward 100% of the priority fees to validators."
The discussion initiator stated that implementation of this proposal would require the use of feature gating. While the payment structure for transaction submitters will not change, the software that includes this proposal will allocate a greater percentage of fees to validators than previous versions. Therefore, feature gates that ensure a smooth transition to new functionality for all validators on epoch boundaries are critical, thus maintaining consistency.
- Bloomberg’s ETF analysts have some theories about Grayscale’s spot Bitcoin exchange-traded fund’s two days of inflows. Grayscale’s spot Bitcoin ETF ended 78 days of outflows after recording two consecutive days of net inflows.
Analyst James Seyffart said he wasn't entirely sure what might have caused the volatility, but there could be a few different explanations. "This could be a short-term tactical trade or some kind of hedging trade. On shorter time frames, fees are far less important," he said.
- Decentralized cloud computing infrastructure project Aethir officially stated that it will conduct an airdrop to the Azuki NFT community.
Users need to connect their wallet to the Aethir Cloud Drop platform and can check if they are eligible to receive the badge.
- There is always room for Techno on Lens
- 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.
- The AIRDROP2049 was hosted by the well-known social platform UXLINK and co-organized by OKX Ventures, Web3port and Trusta Labs. More than 50 well-known Web3 project parties participated in the event, covering BTC ecology, AI, infrastructure, GameFi and other popular tracks, providing users with 100,000 With USDT and token rewards worth US$ 100,000, it is expected that more than 1 million users will participate in the interaction during the event.
According to the leaders of several project parties participating in the event, the AIRDROP2049 event mechanism is very attractive. Users can receive airdrops from 50 well-known Web3 project parties once they participate, including ordinary task airdrops, invitation rewards, and ranking rewards. , and different projects will also have sub-task rewards. This event is supported by the UXLINK RWS protocol at the Social Graph and data levels and incubated by the UXLINK community.
- 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.
- Cross-chain interoperability protocol LayerZero announced on social platforms that weETH has adopted the OFT standard and will soon launch weETH on Blast, Optimism, Base, Linea, Mode and BNB Chain.
- Ripple CEO Brad Garlinghouse said he expects the total cryptocurrency market value to double this year, surpassing $ 5 trillion, CNBC reported. The reasons are the arrival of the first spot Bitcoin ETF in the United States and the upcoming Bitcoin “halving.”
Garlinghouse said: "It is easy to predict that by the end of this year, the overall market capitalization of the cryptocurrency industry will double due to the impact of macro factors." Garlinghouse also believes that one of the other factors that will push the cryptocurrency market to new highs is the potential for aggressive regulation in the United States. momentum.
- Distributed LSD protocol Obol Labs tweeted that after a period of testing and evaluation, its distributed validator cluster Obol DV Clusters is ready to be activated in the Lido Simple DVT module on the Ethereum mainnet.
- Money market protocol Dolomite tweeted that it had successfully recovered 90% of the stolen funds. A distribution plan, a detailed vulnerability analysis report and an event log will be released to each victim within the week.
According to previous news, according to Pidun monitoring, the old contract of Dolomite Exchange was attacked, resulting in a loss of approximately US$ 2 million. The attackers exchanged the stolen USDC tokens for approximately 541.5 Ethereum (ETH), worth approximately $ 1.9 million, and 94,000 DAI tokens.
- The ERC-404 project Pandora posted on the For Pandora holders, any user holding at least one full Pandora will receive an airdrop.
Yesterday, Pandora said it would airdrop 5% of Ghozali 404 to Pandora holders. It is reported that Ghozali 404 was a mixture of Meme coins and NFT launched by an Indonesian student named Ghozali Ghozalu. At the end of 2022, he uploaded his daily selfies for four years into NFT "Ghozali Ghozalu" and became an Internet celebrity NFT ip.
- Modulus Labs announced that its zero-knowledge machine learning (ZKML) prover Remainder has been officially launched. When the GKR prover was used in production for the first time, Remainder achieved a 180-fold improvement in efficiency compared to traditional AI reasoning under the same hardware conditions. This technology not only shows great potential in ensuring data privacy and security, but also lays the foundation for the practical application of verifiable AI.
The development of Remainder is based on deep insights into the performance exploration of specialized zero-knowledge proofs (ZK). Through the optimized application of the GKR protocol, it significantly improves the verification efficiency of the AI inference process. In addition, the prover has silently completed hundreds of thousands of AI result records on Ethereum, proving its stability and reliability in practical applications.
- Public chain Sui won the "Blockchain Solution of the Year 2024" award at the second AIBC Eurasia Awards Ceremony held in Dubai. The awards show attracts world-class participants, with past winners including Animoca Brands and Crypto.com.
The Sui Foundation was recognized for its leading achievements in blockchain in recent months, with Near Protocol and 1inch Network competing for the 2024 award.
- According to official news, OKX Wallet will join hands with Babylon, BOB and Polygon to jointly host the "Bitcoin Renaissance" theme event during ETH Denver. This event will officially open on February 29.
By then, Babylon co-founder and National Academy of Engineering member David Tse, BitVM founder Robin Linus, Stacks co-founder Muneeb Ali, Polygon founder Sandeep Naliwal, Osmosis founder Sunny Aggarwal, Messari co-founder Ryan Selkis, and OKX Ventures partners Top industry leaders such as Jeff Ren and Nic Carter, head of Castle Island Ventures, will be invited to attend the event and conduct in-depth discussions on core topics such as the evolution of the Bitcoin ecosystem and the synergy between Bitcoin and the PoS chain, sharing exclusive insights. . During the event, Jeff Ren will also give an outlook on the cooperation between OKX Wallet and the Bitcoin ecosystem. Currently, registration for this event is open.
- The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has designated two Russian citizens, Artur Sungatov and Ivan Kondratyev, for indictment on charges related to the LockBit ransomware, and identified 10 Bitcoin and Ethereum addresses for special U.S. designation Nationals List (SDN), which prohibits U.S. entities from providing any form of financial services to the two men.
- Justin Sun, founder of TRON and member of the HTX Global Advisory Board, posted on social media, "TRON is a decentralized blockchain protocol, similar to Bitcoin and Ethereum. TRON's developer community adopts consensus and distributed node consensus to maintain the normal operation of the network. Respect and support each developer's development decisions, and hope to encourage them to develop on TRON. Ultimately, TRON's vision is to become the world's largest and most prosperous decentralized financial agreement."
- Bitcoin ZK Rollup Layer2 solution SatoshiVM officially stated that it will extend the unlocking time of SAVM tokens for teams, advisors and launch partners.
SatoshiVM stated that SAVM tokens for launch partners will be locked for 3 months and will be gradually unlocked by 4% every month for the next 12 months; SAVM tokens for consultants will also be locked for 3 months and then for 2 years. Linear token unlocking; SatoshiVM contributors’ tokens will be locked for 6 months, followed by a 2-year linear token unlocking.
- According to official news, blockchain game developer Endless Clouds announced its cooperation with Immutable, and its two games, Treeverse and Capsule Heroes, will join the Immutable zkEVM ecosystem.
- GameStop, a retailer of video games and related products, said it would close its NFT market due to "regulatory uncertainty," The Block reported. GameStop’s NFT marketplace will close on February 2, 2024. It is reported that the company closed its NFT wallet in August last year.
- Binance will support Fetch.ai (FET) and MultiversX (EGLD) network upgrades
- In preparation for asset allocation, Celsius has begun the process of recycling and rebalancing assets to ensure adequate liquidity. Celsius will unstake its existing ETH, which has generated significant staking reward revenue for the company, while also being used to offset certain costs incurred during the restructuring process. Large unlocks over the next few days will release ETH to ensure timely distribution to creditors.
- 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.
- OpenAI’s annualized revenue recently topped $ 1.6 billion, a significant increase from $ 1.3 billion in mid-October, The Information reported, citing two people familiar with the matter. The latest annualized revenue figures indicate that OpenAI is generating at least $ 130 million per month by selling ChatGPT subscriptions and letting software developers access its models through application programming interfaces.
The Information reported this week that OpenAI competitor Anthropic expects to generate more than $ 850 million in annualized revenue by the end of 2024. By comparison, some OpenAI leaders believe the company could hit $ 5 billion in annualized revenue by the end of 2024, while others think a much higher figure is achievable.
- Sei Labs co-founder Jayendra (Jay) Jog posted on social media that Sei v2 will support both EVM and Cosmwasm. By using stateful precompilation and chain-level message scheduling, EVM and Cosmwasm contracts will also be able to call each other.
- Bitget's new Launchpad project TonUP (UP) entered the position statistics phase at 14:00 today. This participation method will be based on the BGB investment model. Bitget will take a position snapshot of the user's asset account during the position statistics phase to calculate the user's average BGB position. The position statistics period is from 14:00 on December 17 to 14:00 on December 20.
During this period, the BGB positions of all user accounts (including spot account positions, margin account positions, contract account positions, P2P account positions, financial account positions, and frozen/locked BGB positions) will be counted. In the investment stage, after the user's investment is completed, BGB will be locked and await statistical distribution.
- Owlto Finance officially launches the EVM inscription engraving tool. With Owlto, users are now able to cross-chain funds between more than 18 networks, ensuring users can easily inscribe between different target networks.
With excellent speed and low fees, Owlto has cooperated with more than 20 public chains, including Linea, zkSync, Scroll, Base, Arbitrum, Manta, X1, etc.; as well as multiple wallets such as OKX Web3 Wallet, Trust Wallet, Tokenpocket, etc.; and Multiple DeFi and NFT platforms such as Syncswap, Velocore, iZUMi, Element, etc. have cooperated closely. Owlto is committed to providing users with extremely fast and smooth cross-chain services and EVM inscription experience.
- Lens Protocol
- According to The Block, citing Etherscan data, Tether froze 161 Ethereum wallets yesterday, of which 150 wallets currently do not hold USDT. It is unknown whether they have ever held USDT and the amount. A total of 11 wallet addresses hold more than 3.5 million USDT, of which a single address holds approximately 3.4 million USDT. ZachXBT has linked this address to the recent hacker attack on Stake.
BlockBeats previously reported that Tether said yesterday that the company had frozen personal wallets sanctioned by the U.S. Office of Foreign Assets Control (OFAC) in order to "proactively prevent any potential misuse of Tether tokens and enhance security measures," and clarified that, Existing wallets on the OFAC list will be frozen, as will any new wallets added in the future.
- Bloomberg ETF analyst James Seyffart responded to a question on social media about "How will ETH staking affect ETH ETFs?" He said that ETH staking ETFs already exist in Europe and are slightly different from ordinary ETFs in structure, but functionally speaking, they are absolutely Feasible, such as AETH (21Shares Ethereum Staking ETP) launched by 21Shares. The problem is there is no way of knowing how the SEC will handle this issue or what they will allow.
When asked about "the possibility of ETH spot ETF being approved," James Seyffart said that the ETH spot ETF is very likely to be approved (although the possibility is not as good as that of BTC spot ETF), but if the BTC spot ETF can be approved, it will It would be a positive sign for the ETH spot ETF to be approved.
- Options and perpetual contract trading protocol Aevo announced the launch of Spot Swaps functionality. This feature allows users to redeem their collateral, including ETH, USDC, USDT, and WBTC, directly within the Aevo app. Prior to this, users had to first withdraw assets from Aevo, then exchange them on an external DEX, and then re-deposit into Aevo.
- Dragonfly Capital transferred $ 9.63 million worth of crypto assets to Coinbase Prime 5 hours ago
- According to NFTGo.io data, the floor price of the NFT project "Pudgy Penguins" exceeded 10 ETH, continuing to hit a record high. The current floor price is 10.59 ETH, with an increase of 70.56% in the 7th day.
- Chainlink stated on social platforms that Chainlink Stake v0.2 will be released within 3 days, and priority migration will be developed at 1 am on November 29th, Beijing time. Within 9 days, v0.1 stakers can migrate their staked LINK and accumulated rewards to v0.2 with guaranteed access.
BlockBeats previously reported that on October 20, Chainlink announced the upcoming launch of Chainlink Staking v0.2. This upgrade focuses on providing greater flexibility to stakers through the new unbinding mechanism, improving the security of oracle services through equity reduction, achieving seamless future upgrades through modular architecture, and dynamic reward mechanisms. Stake v0.2 involves a three-stage launch process: priority migration, early access, and general access.
- According to Snapshot voting results, the Aave community voted to pass the proposal to "restart Ethereum mainnet and Aave v3 CRV lending on Polygon" initiated by DeFi risk manager Gauntlet. The proposal states that during the Vyper vulnerability attack, CRV lending was disabled on Ethereum and Polygon v3 to avoid mitigating CRV price drops caused by excessive CRV positions on v2. The vast majority of overly risky CRV positions have now left, and Gauntlet recommends restarting CRV lending.
Due to low usage, the v3 supply limit on Ethereum has been reduced from 51 million to 7.5 million, the borrowing limit has been reduced from 7.7 million to 5 million, and the debt limit has been reduced from 5 million to 1 million. Due to low usage of v3 on Polygon, the borrowing limit has been reduced from 900,000 to 300,000.
- Crypto trading platform OMTrade completed a $ 6 million seed round of financing. This round of financing was led by Find Satoshi Lab, Folius Ventures and Incuba Alpha, KSK Fund and a star lineup composed of Web3 founders, Web2 entrepreneurs, hedge fund managers, traders Waiting for participation.
- According to data from The Block, the active supply of Bitcoin and Ethereum have both hit record lows in the past year.
Between March 2017 and 2018, more than 59% of the Bitcoin supply was active. However, only 30.12% of Bitcoin’s supply has changed hands over the past year. More than 86% of Ethereum’s supply changed between July 2016 and 2017, and last year only 39.15% of its supply changed hands, also a record low.
For Bitcoin, an all-time low in active supply typically precedes a block issuance reward halving, which is currently expected to be 155 days away (April 24 next year).
- OpenAI president Sam Altman said it plans to receive further financial support from its largest investor, Microsoft. The goal is to create artificial intelligence (AGI) comparable to human intelligence. In an interview with the Financial Times, Altman talked about his partnership with Microsoft CEO Satya Nadella and his expectation to raise more money from Microsoft and other investors in the future.
Microsoft previously invested $10 billion in OpenAI earlier this year as part of a multi-year deal that valued the San Francisco-based company at $29 billion. OpenAI also recently announced a series of new tools and upgrades to existing GPT-4 models, including a customizable version of ChatGPT and a GPT app store. Altman also mentioned that OpenAI is working on the next generation AI model GPT-5, and emphasized that the company’s goal is to safely build AGI and explore its potential benefits.
- According to the latest report from Matrixport, there will be several important events in the first half of 2024 that may have a significant impact on the trend of Bitcoin. This includes potential approval of a Bitcoin ETF by the U.S. Securities and Exchange Commission (SEC), Circle’s potential stock market listing, and FTX’s efforts to return to the top three trading platforms. In addition, the Bitcoin halving cycle and Ethereum’s upgrade in the first quarter of 2024 have brought optimistic expectations to the market. Meanwhile, the U.S. Federal Reserve rate may be cut in mid-2024, in line with market expectations. Driven by the US CPI data, Bitcoin may usher in a wave of gains, aiming to break through $36,000, and then look towards $40,000, and may even touch $45,000 by the end of the year. Stable buyer activity in the United States and the possibility of a Santa Claus Rally further enhanced the market's positive sentiment.
- Bitcoin miners’ income reached US$885 million in October, and a total of approximately 41,000 ETH were destroyed on the Ethereum network
- MicroStrategy founder Michael Saylor said in an interview with CNBC’s Squawk on the Street program that “Bitcoin provides businesses with an innovative strategy to protect their capital by leveraging their balance sheets in conjunction with Bitcoin (BTC). and create shareholder value, thereby escaping the vicious cycle of expensive acquisitions, stock buybacks, dividends and debt."
- BlackRock released a research briefing titled "The Future of Finance" on its official website. The report pointed out that regulatory changes, changes in financial architecture, the end of zero interest rates and technological innovation are changing the deposit and credit markets and subverting business models. U.S. banks can no longer rely on deposits as a cheap source of funding, and they will take control of lending, so businesses may turn to capital markets, private lenders and other sources of credit.
The report argues that these shifts benefit savers, diversify borrowers' financing, create a more stable system and open up potential investment opportunities. The evolution of the financial system will further accelerate with innovation from banks and other financial institutions, regulatory developments, and technological developments around payments, digital currencies, asset tokenization, and artificial intelligence.
- Avalanche said on the Users will continue to enjoy similar interfaces, URLs, and APIs that they currently use, with C-chains and all subnets now supported. The Snowtrace.io domain will remain active and will be fully transitioned to Avascan on November 30th with no interruption in service.
- According to Thomas Braziel, a partner at 117 Partners who specializes in FTX claims, some over-the-counter valuations of FTX claims have exceeded 50%, indicating that the market currently expects about half of user assets to be recovered. On Friday, a claim worth more than $20 million sold at auction for about 52 percent of the price, but only the "largest, cleanest claims" fetched that price.
Enthusiasm surrounding the value of FTX’s debt has grown since artificial intelligence company Anthropic recently announced a number of large investments. FTX holds a large stake in Anthropic after investing $500 million in it, and Anthropic's valuation has gradually increased during the year. Creditors hope that the sale of Anthropic shares will help return funds to creditors, potentially leading to a full recovery.
In a social media poll in January this year, a majority of respondents said they expected to recoup only 25% of their funds. FTX debtors, led by current FTX CEO John Ray III, have since attempted to recover their funds, beginning to sell tokens and liquidate other assets.
- Worldcoin will instead issue WLD rewards to operators, extending loan agreements to 5 market makers until December 15, 2023
- 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.
- According to Spot On Chain monitoring, rollbot.eth (the address related to the RLB deployer) exchanged 123.89 ETH for 1.426 million RLB ($193,000) at an average price of $0.135 within the past 24 hours.
This address last purchased RLB 40 minutes ago, during which time the RLB price increased by more than 10%. Currently, rollbot.eth holds 14.26 million RLB (approximately $2.04 million) in this address and 13.6 million RLB (approximately null.95 million) in the liquidity pool.
- DWF Labs managing partner Andrei Grachev said on social media that it has partnered with the Dubai Multi Commodities Center (DMCC) to become a financial partner of its ecosystem.
- The Aave governance page shows that the Aave community is conducting on-chain voting on the "OP Risk Parameter Update" proposal. The AIP recommends activating OP as a borrowable asset in the Aave V3 Optimism pool, aiming to adapt to the maturity of L2 and attract more LPs. and borrowers, thereby generating new revenue for the protocol. Voting closes on October 9.
According to the proposed new risk parameters, the borrowing limit is 500,000 coins, the loan value is 30%, the liquidation threshold is 40%, and the reserve factor is 20%