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Rhythm Evening News|OKX Jumpstart launches new project Polyhedra; Wormhole will carefully re-evaluate users’ short-term investment qualifications

Mar 12, 18:43
Rhythm Evening News|OKX Jumpstart launches new project Polyhedra; Wormhole will carefully re-evaluate users’ short-term investment qualifications

Selected news:

1.TON briefly exceeded US$3.7, rising more than 32% in 24 hours;

2.SHIB, MATIC, GALA ranks at the top of Smart Money's 24-hour inflow list;

3. Wormhole will carefully re-evaluate users' qualifications for short investment, and the number of W rewards may change accordingly;

4. OKX Jumpstart is online New project ZK (Polyhedra Network);

5. CryptoQuant CEO: Bitcoin will face a seller’s liquidity crisis, and the price at the top of the cycle may exceed expectations


Price Watch


TON broke through $3.7 in a short time, rising by more than 32% in 24 hours

According to OKX market data, TON broke through $3.7 in a short time, and is now quoted at $3.684, rising by more than 32% in 24 hours. .


BAYC Flooring The price fell below 15 ETH, a 24-hour drop of 12.3%

According to Blur data, the floor price of the NFT project Bored Ape Yacht Club (BAYC) fell to 14.85 ETH, a 24-hour drop of 12.3%.


AVAX rises Breaking through $50, a 24-hour increase of 22.45%

According to OKX market data, AVAX has risen above $50, and is now quoted at $50.51, with a 24-hour increase of 22.45%.


XRP Breakout 0.7 US dollars, a 24-hour increase of 17.89%

According to OKX market data, XRP broke through $0.7 and is now quoted at $0.7085, a 24-hour increase of 17.89%.


Bitget every Daily market information: The top three currencies in the real-time rising list are IVPAY, XUI, and RACA

The leading sectors are SociaFi, BRC20, and the Inscription sector, of which STRM has a 24-hour increase of 68.42% , PEPE1 rose 32.24% in 24 hours.


As of press time, the top three currencies in the real-time growth list are IVPAY, XUI, and RACA. The top three currencies in terms of transaction volume are BTC, ETH, and XRP.


Transaction Tracking


A total of 46,400 ETH has been opened, and the whale recharged 2,000 ETH to Binance, worth US$8.07 million

According to Ai Aunt’s monitoring, Two minutes ago, the whale, which had opened a position of 46,400 ETH since May 8, 2023, once again deposited 2,000 ETH to Binance, worth US$8.07 million.


In the past six days, this address has deposited a total of 4,000 ETH to Binance, with an average price of US$3,933. If all were sold, the profit would be US$8.2 million. The remaining 20,690 ETH have a total floating profit of US$44.42 million.


Some giant The whale once again withdrew 2,050 BTC from Kraken 10 hours ago, equivalent to approximately US$147.67 million

According to Lookonchain monitoring, a whale once again withdrew 2,050 BTC from Kraken 10 hours ago ( $147.67 million).


Since March 1, the whale has withdrawn 10,340 BTC ($742.98 million) from Kraken.


Paidun : Justin Sun marked address withdrew approximately 2,000 ETH from Lido and transferred 300 ETH to Poloniex

According to Pidun monitoring, Justin Sun marked address withdrew approximately 2,000 ETH from Lido (valued Approximately $8 million) and transferred 300 ETH (worth approximately $1.2 million) to Poloniex.


SHIB、 MATIC and GALA rank at the top of Smart Money’s 24-hour inflow list

According to Nansen 2 data, Smart Money’s 24-hour fund inflow tracking list on the Ethereum network is as follows:


SHIB: approximately US$9.2 million, currently quoted at US$0.00003323, with a 24-hour increase of 4.62%;

MATIC: approximately US$8.62 million, currently quoted at US$1.225, with a 24-hour increase An increase of 2.46%;

GALA: approximately US$3.36 million, currently quoted at US$0.0728, a 24-hour decrease of 3.29%.


Some giant Whale bought ETH and WBTC with a total value of US$26.96 million, and the current floating profit is US$2.43 million

According to monitoring by @ai_9684xtpa,


A certain whale bought ETH and WBTC with a total value of US$26.96 million in March 2024, making a total profit of US$2.43 million


·Buy 302 WBTC at an average cost of US$65,175

·Buy 1,239 ETH at an average cost of US$3,725


In addition , the giant whale also shorted and hedged part of WBTC and WETH on GMX, with a total position value of 3.5 million US dollars, and could get a daily capital fee of 0.107%


Amber Group transfers 1 million ARB to Coinbase, approximately US$2.08 million

According to monitoring by @ai_9684xtpa, 3 hours ago, Amber Group transferred 1 million ARB to Coinbase, which is approximately US$2.08 million.


Paidun : Teneo, the liquidator of Three Arrows, transferred 991,300 DYDX to Binance

According to Paidun monitoring, in the past 7 hours, the address marked "Teneo: 3AC Liquidation" at the beginning of 0xc7c has transferred 99.13 Ten thousand DYDX were transferred to Binance, which is approximately US$4 million.


Project News


Counter Fire's newly released NFT Founder's Tag Collection has a floor price of more than 2 ETH

The first one from the chain game studio CEBG Founder's Tag Collection, a new NFT series launched by the MOBA game Counter Fire, was minted on March 9. The floor price set a recent highest first-day NFT price of 1.59 ETH, and once reached 2.5 ETH today.


It is reported that Counter Fire will launch a new round of testing and interactive activities at the end of March and early April.


Avalanche Ecology Inscription BEES will be online on Gate for Start up subscription at 16:00 on March 12th

Avalanche Ecological Inscription BEES will be online on Gate at 16:00 on March 12 for Start up subscription. Open for trading at 19:00 on March 14th.


BEES officially stated that BEES will launch Launchpad in the near future. If you hold BEES, you will enjoy airdrop activities such as the whitelist of Launchpad's online projects.


Nibiru Chain Mainnet has been launched

Layer 1 blockchain Nibiru Chain announced that it has been launched on the mainnet.


Nibiru Chain announced the completion of US$12 million in financing in February this year, with participation from Kraken Ventures and others.


Polyhedra Network The airdrop snapshot has been completed at 16:00 on March 12th

According to the official website announcement, Polyhedra Network has completed the snapshot at 16:00 on March 12th. zkBridge trading users, Pandra King NFT holders, Users with zkBridge loyalty points on Galxe, as well as users participating in the Binance Web3 wallet airdrop, OKX Cryptopedia Season 11, and BNB Chain airdrop marathon events are eligible to receive ZK token airdrops.


Dencun has been upgraded in Gnosis Chain Mainnet activation

Gnosis Chain tweeted that the Dencun upgrade has been activated on its mainnet. The next step will be to activate the Dencun upgrade on the Ethereum mainnet.


Web3 points Platform Stack launches the mainnet and launches the L3 points chain on the Base network

Web3 points platform Stack stated on the social platform that it has officially launched the mainnet and has launched the L3 points chain on the Base network. Loyalty points are introduced on-chain.


Stack uses Optimism’s OP Stack technology to introduce a low-cost Ethereum L3 points chain on Base. This allows Stack to bring loyalty points on-chain in a scalable, sustainable and secure way. L3 enables Stack to provide the right balance of scalability and security for new on-chain raw data such as points, and reduce cost and platform risk.


KyberSwap has Launched on the Blast Network

Kyber Network stated on social platforms that the KyberSwap aggregator has been launched on the Blast Network.


beoble official The tweet is suspected of being stolen and a false airdrop link is posted

The official Twitter account of Web3 social protocol beoble is suspected of being stolen and a false airdrop link is posted. Users are requested to pay attention to safety and protect personal property.


Wormhole will carefully re-evaluate the user’s eligibility for air investment, and the number of W rewards may change accordingly

The cross-chain protocol Wormhole has announced that its contributors, working with Allium’s external experts, have adopted anti-Sybil Cluster technology to ensure that real Wormhole users are properly rewarded. Total W airdrop supply: 678,823,000 W, accounting for 6.78% of the total supply. Wormhole contributors say that qualified users of some protocols may be caught by either filter, especially during the recent period of witch and spam activity. Wormhole contributors will carefully re-evaluate user eligibility in the coming weeks. Today’s update has expanded eligible users to the new wallet. As mentioned in the announcement, rewards for those who may be eligible are subject to change.


Rhythm Evening News|OKX Jumpstart launches new project Polyhedra; Wormhole will carefully re-evaluate users’ short-term investment qualifications


Frax Finance community proposes to reactivate the fee switch

According to the community governance forum It shows that Westwood launched a proposal to reactivate the fee switch on the Frax Finance forum.


The proposal states that FRAX’s Collateral Ratio (CR) is 98.8%, which is close to 100%, and the overall market sentiment is in the bullish zone, so it is recommended to resume Allocate fees to veFXS holders. Until the protocol fully acquires external collateral, fees should be split 75/25 between veFXS holders and the protocol treasury.


CeFi Information


OKX will be listed on Aevo (AEVO) at 18:00 on March 13th

According to the official announcement, OKX will be listed on Aevo soon (AEVO), the specific schedule is as follows:


AEVO deposit: 6:00 pm on March 12 (UTC+8)


AEVO/USDT Opening time: 6:00 pm on March 13 (UTC+8)


AEVO withdrawal: 6:00 pm on March 14 (UTC+8)


Binance will Adding multiple spot trading pairs and trading robot services

Binance will add multiple spot trading pairs and open trading robot services on March 13 and 14, 2024 respectively to further further Enrich users’ trading options and improve trading experience.


The newly added trading pairs at 16:00 on March 13, 2024 (East Eight District time) include FLOKI/FDUSD, GRT/FDUSD, NEAR/USDC, SNX/TRY; and on March 14, 2024, new trading pairs such as EUR/USDC, FET/USDC, and IMX/TRY will be added.


In addition, Binance will also enable trading bot services for specific trading pairs. Spot algorithmic order services will be enabled on March 13, 2024, covering FLOKI/FDUSD, GRT/FDUSD, NEAR/USDC, and SNX/TRY trading pairs. On March 14, 2024, spot grid and spot DCA will be added to serve the WIF/USDT and XRP/FDUSD trading pairs, and rebalancing robots will be added to serve the WIF/USDT trading pair, as well as EUR/USDC, FET /USDC, IMX/TRY trading pairs enable spot algorithm order services.


Binance Labs Applications open for the seventh season incubation program

Binance Labs announced that it has opened applications for the seventh season incubation program. Aimed at early-stage founders and focused on building innovative Web3 projects, the incubation program offers a customized curriculum that includes one-on-one mentorship with the Binance Labs investment team and access to Binance ecosystem resources.


The deadline for applications is 23:59 UTC on April 15, 2024. Application review, founder interviews and admission decisions will be made on a rolling basis, and admitted projects will be formally notified via email. The Season 6 Incubation Program received hundreds of applications, with 3% of programs accepted. The 12 selected project teams cover the fields of DeFi, infrastructure and AI, and at the end of the quarter Binance Labs invested in 7 outstanding project teams.


DWF Labs Its OTC trading platform has launched JOE, LADYS, FLOKI and IOTX

DWF Labs announced that it has officially launched Joe (JOE), Milady Meme Coin (LADYS), FLOKI (FLOKI) on its OTC trading platform Liquid Markets ) and IoTeX (IOTX) four cryptocurrency trading pairs. Trading pairs now open include JOE/USDT, LADYS/USDT, FLOKI/USDT and IOTX/USDT.


Binance P2P Fixed taker fees will be implemented for USDT trading pairs in selected fiat markets

Binance announced that starting from 00:00 on March 19, 2024 (UTC), it will implement a fixed taker fee in the P2P area. There is a fixed taker fee of 0.05 USDT for USDT trading pairs in the fixed legal currency market. This policy is expected to be fully implemented by the end of June 2024. The legal currency market involved includes AED, AFN, AMD and other legal currencies, excluding CNY.


It is worth noting that the order fee rate in the P2P area will remain unchanged.


OKX will Launched VELO and RAY margin trading, perpetual contracts and easy currency earning

According to the official announcement, OKX will officially launch the VELOUSDT perpetual contract on the web, App and API at 4:30 pm on March 12, 2024 (UTC+8), and at 4 pm on March 12, 2024 :00 (UTC+8) Margin trading of VELO/USDT is launched and you can easily earn coins.


In addition, OKX will officially launch RAYUSDT perpetual on the web, App and API at 6:30 pm on March 12, 2024 (UTC+8) contract, and will launch margin trading of RAY/USDT at 6:00 pm on March 12, 2024 (UTC+8), and earn coins easily.


Binance will Support Optimism (OP) and Arbitrum (ARB) network upgrades and hard forks

According to the official announcement, Binance will support Optimism (OP) and Arbitrum (ARB) network upgrades and hard forks.


The Optimism (OP) project will carry out network upgrades and hardware at block height 1,710,374,401 (estimated at 08:00 on March 14, 2024, East Eighth District time) Forks. It is expected that the token deposit and withdrawal services of the Optimism (OP) network will be suspended at 07:00 on March 14, 2024, East Eighth District time;


Arbitrum (ARB ) The project team expects to conduct a network upgrade and hard fork at 17:00 on March 14, 2024, East Eighth District time. It is expected that the token deposit and withdrawal services of the Arbitrum (ARB) network will be suspended at 16:00 on March 14, 2024, East Eighth District time.


OKX Jumpstart New project ZK (Polyhedra Network) launched

According to the official announcement, OKX Jumpstart launched a new project ZK (Polyhedra Network).


Users can begin staking BTC and ETH at 6:00 AM UTC on March 15, 2024, in exchange for ZK tokens.


Users from mainland China, Hong Kong and South Korea cannot participate in this OKX Jumpstart.


Polyhedra Network is the next generation Web3 full-stack interoperability infrastructure based on ZKP, and designed and implemented the zkBridge protocol for interoperability between Layer1 and Layer2 Provides a trustless and efficient cross-chain infrastructure.


Binance will METISUSDT and WLDUSDC 1-50 times U-margined perpetual contracts will be launched online

According to the official announcement, Binance will launch the METISUSDT and WLDUSDC 1-50 times U-margin perpetual contracts at 16:30 on March 12, 2024 (Eastern Eighth District time) and 2024 respectively. The METISUSDT and WLDUSDC 1-50 times U-margined perpetual contracts will be launched at 15:00 on March 14 (Eastern Eighth District time).


BitMEX has BONK spot trading has been launched

BitMEX has launched BONK spot trading, and the current price is US$0.000031.


Binance Web3 The wallet will airdrop RDNT tokens equivalent to US$85,000 for users

According to the official announcement, Binance will airdrop from 08:00 on March 12, 2024 to 07:59 on March 26, 2024. (Eastern Eighth District Time) The RDNT airdrop event will be launched. Users who use the Binance Web3 wallet to complete specified tasks during the event will be eligible to share the corresponding RDNT token prize pool equally.


Rhythm Evening News|OKX Jumpstart launches new project Polyhedra; Wormhole will carefully re-evaluate users’ short-term investment qualifications


Opinion data


USDe’s market value exceeds US$900 million

The market value of USDe, a stablecoin issued by Ethena Labs, exceeded US$900 million and is now US$902.78 million.


It is reported that USDe is a stable currency based on Ethereum, guaranteed by derivatives; in order to create USDe, Ethena allows users to use USD, ETH or liquidity Stake tokens as collateral.


Rhythm Evening News|OKX Jumpstart launches new project Polyhedra; Wormhole will carefully re-evaluate users’ short-term investment qualifications


Data: Bitcoin spot ETF cumulative net inflow exceeds 10 billion US dollars

According to data from Farside Investors, the Bitcoin spot ETF has accumulated net inflows of US$10.1003 billion since its launch. Among them: IBIT has a cumulative net inflow of US$10.5923 billion; FBTC has a cumulative net inflow of US$6.3702 billion; BITB has a cumulative net inflow of US$1.4013 billion; ARKB has a cumulative net inflow of US$1.8329 billion; GBTC has a cumulative net outflow of US$11.0471 billion.


Rhythm Evening News|OKX Jumpstart launches new project Polyhedra; Wormhole will carefully re-evaluate users’ short-term investment qualifications


CryptoQuant CEO: Bitcoin will face a seller’s liquidity crisis, and the price at the top of the cycle may exceed expectations

According to the analysis of Ki Young Ju, founder and CEO of CryptoQuant, the Bitcoin market is in the price discovery stage, but a seller’s liquidity crisis is coming. Last week, the physical Bitcoin ETF saw net inflows of 30,000 BTC. Known entities such as exchanges and miners hold approximately 3 million BTC, with US entities holding approximately 1.5 million BTC. At the current rate, there will be a sell-side liquidity crisis within the next six months.


Ki Young Ju pointed out that in the event of a sell-side liquidity crisis, Bitcoin’s next cycle top may exceed expectations due to limited sell-side liquidity and weak order books. This may occur when the total amount of Bitcoin held by cumulative addresses reaches approximately 3 million BTC.


Yesterday’s Bit Bitcoin spot ETFs had a net inflow of US$505 million, of which IBIT had an inflow of US$563 million

According to data from Farside Investors, Bitcoin spot ETFs had a net inflow of US$505 million yesterday, of which BlackRock IBIT had an inflow of US$563 million. USD, Grayscale GBTC outflow was USD 494 million.


Bitcoin Miners' income reached US$78.6 million on March 7, a record high

According to Bloomberg, CryptoQuant data showed that Bitcoin miners' income reached US$78.6 million on March 7, a record high.


It is reported that the previous record was US$77.3 million set on April 14, 2021.


MicroStrategy bits MicroStrategy's Bitcoin holdings have reached a floating profit of over US$7.8 billion

As the price of Bitcoin broke through the US$72,000 mark and hit a record high, now quoted around US$72,182, MicroStrategy's Bitcoin holdings have reached a floating profit of US$7.88 billion. , currently holds a total of 205,000 Bitcoins, with an average purchase price of US$33,706 per coin.


Ark Invest $69 million worth of Coinbase shares sold yesterday

Ark Invest, led by Cathie Wood, sold another 270,365 Coinbase shares on Monday, worth about $68.7 million. The sale involved three of Ark Invest's exchange-traded funds (ETFs), including its Innovation ETF which sold 171,154 shares ($43.5 million), its Next Generation Internet ETF which sold 23,330 shares ($5.9 million), and its Fintech Innovation ETF 75,881 shares sold ($19.3 million). This is the largest sale in a single day by Ark Invest, which continues to adjust its fund allocations after selling $150 million worth of Coinbase shares last week.


Coinbase’s stock price has risen 10% over the past week to reach its highest level since December 2021, although the stock price is still lower than it was in November 2021 The all-time high price of $342.98 is 26% lower.


Financing Express


Elixir completed US$8 million in Series B financing, led by Arthur Hayes family office Maelstrom and others

Committed to improving the order book Elixir, a decentralized network for exchange liquidity, announced that it recently completed $8 million in Series B financing, bringing the company's valuation to $800 million. This round of financing was co-led by Mysten Labs and Maelstrom, the family office of BitMEX founder Arthur Hayes, with participation from Manifold, Arthur Hayes, Amber Group, GSR, Flowdesk, etc.


The Elixir project’s valuation has soared from $100 million to $800 million since its Series A and Series B funding rounds, bringing the total raised to more than $17 million. Elixir CEO Philip Forte announced the upcoming launch of the network’s mainnet and introduced an “apothecary” feature for users to track contributions and interact with Elixir on social media.


Web3 Security The company Shentu Chain completed a new round of financing, with participation from Binance Labs, OKX Ventures, etc.

Web3 security company Shentu Chain announced the completion of a new round of financing, with strategic participation from Binance Labs, OKX Ventures, Bitmain, KuCoin Ventures, Neo, DHVC, DraperDragon, Fenbushi Capital, Matrix Partners, Lightspeed Venture Partners and other venture capital funds. , the specific financing amount has not yet been disclosed.


Shentu Chain has launched OpenBounty, an innovative platform designed to revolutionize bug bounty programs and improve the security of the Web3 industry. The platform was launched late last year to provide white hat hackers with Developing a Decentralized Autonomous Organization (DAO) that directly addresses the challenges they face in the bug bounty market. Subsequently, Shentu launched the inscription trading market and its first on-chain digital artifact—OpenBounty Inscription—for the first time in the Cosmos ecosystem.


Regulatory News


The Hong Kong Monetary Authority launches a "sandbox" for stablecoin issuers

The Hong Kong Monetary Authority (HKMA) announced the launch The "sandbox" program for stablecoin issuers is designed to coordinate with the consultation work on legislative proposals for the regulatory system for stablecoin issuers. The "sandbox" program provides a platform for institutions interested in issuing fiat stablecoins in Hong Kong to exchange regulatory expectations and collect opinions, ensuring that applicants have a genuine intention and reasonable plan to develop stablecoin issuance business in Hong Kong. Operations in the "sandbox" will be carried out within a limited scope to ensure that risks are controllable.


Thailand SEC Allowing qualified investors to invest in U.S. Bitcoin spot ETFs

According to Cointelegraph, the Securities and Exchange Commission of Thailand has modified its rules to allow the launch of private placements investing in Bitcoin spot ETFs traded on U.S. exchanges. fund.


However, only institutional investors and "ultra-high net worth individuals" can invest in these Bitcoin ETF funds, according to a report by the Bangkok Post on March 12.


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