Rhythm Morning Post｜Binance Launchpool is online on ether.fi; Solana ecological NFT market Tensor will launch the governance token TNSR
Selected news:
1. Binance Launchpool launches ether.fi (ETHFI)
2. Solana ecological NFT market Tensor will launch a governance proxy Coin TNSR
3. Uniswap Web App has launched the limit order function
4. The probability of the Federal Reserve keeping interest rates unchanged in March has risen to 99%
5. US court requires Binance founder CZ to hand over passport
PYTH rose to hit a record high of $0.949, a 24-hour increase of 9.7%
On March 13, according to OKX market data, PYTH rose to $0.9498, setting a record high. It is now quoted at $0.9312, with a 24-hour increase of 9.7%.
NEAR up Hitting $8, a 24-hour increase of 19.73%
On March 13, according to OKX market data, NEAR hit $8, and is now quoted at $7.986, with a 24-hour increase of 19.73%.
Avalanche Ecology Tokens generally rose, AVAX's daily increase exceeded 15%
On March 13, according to market data, Avalanche ecological tokens generally rose, among which: AVAX is currently quoted at US$54.55, with a 24-hour increase Reaching 15.88%; Gamer Arena (GAU) is currently quoted at US$0.11, with a 24-hour increase of 41.5%; Kimbo (KIMBO) is currently quoted at US$0.0005205, with a 24-hour increase of 36.7%; Benqi (QI) is currently quoted at US$0.03156, with a 24-hour increase of 36.7% 28.7%; Joe (JOE) is currently quoted at $0.7372, with a 24-hour increase of 16.3%.
Bitcoin Breaking through $73,000, continuing to hit a record high
On March 12, according to Coinbase data, Bitcoin broke through $73,000 and is now quoted at $73,027, continuing to hit a record high.
On March 12, according to market data, the Web3 social protocol Atem Network (ATEM) broke through $0.16 in a short time. It then fell back and is now quoted at US$0.127, with a 7-day increase of 67.4%. Atem Network is a decentralized content publishing protocol that aims to help creators tokenize their content and build network-native communities. Its products include AtemChat and AtemReview. According to previous news, in February 2022, Atem Network announced the completion of a US$3 million seed round of financing, with participation from INCE Capital, Mirana Ventures, Foresight Ventures and others.
Nibiru Chain (NIBI) online price is $0.8515
On March 12, according to market information, Nibiru Chain (NIBI) was quoted online at $0.8515. According to its token economics, the total amount of NIBI is 1.5 billion. Based on this calculation, its current FDV reaches US$1.277 billion. According to previous news, the Layer 1 blockchain Nibiru Chain was launched on the mainnet today. In February this year, Nibiru Chain completed US$12 million in financing, with Kraken Ventures and others participating in the investment.
Ark Invest sold $27.15 million worth of Coinbase shares on March 12
On March 13, Ark Invest Daily data shows that Cathie Wood's ARK Invest sold a total of 106,000 COIN (Coinbase Global Inc) shares on March 12, which was worth approximately $27.15 million based on the closing price of $256.14.
Grayscale About 7,126 BTC were transferred to Coinbase Prime, worth approximately US$513 million
On March 12, according to Arkham data, the grayscale address transferred to the Coinbase Prime address about an hour ago Approximately 7126.459 BTC, worth approximately US$513 million. In addition, Grayscale also transferred 1,599.818 Bitcoins (worth approximately $115 million) to 2 new addresses.
On March 12, according to Ember Monitoring, a whale withdrew 86,000 UNIs from Binance half an hour ago. Valued at $1.22 million. It is reported that this address has purchased a total of 1.088 million UNI in March, with an average purchase price of US$11.84.
A SHIB early participant 4 Deposited SHIB worth US$6.5 million into CEX hours ago
On March 12, according to Lookonchain monitoring, a SmartMoney deposited SHIB worth US$6.5 million into CEX 4 hours ago. This address used 10 ETH to buy SHIB in 2020, which is now worth up to $496 million. In addition, the address currently holds SHIB worth $84.4 million, with a floating profit of $127 million.
3 On March 13, MakerDAO founder Rune Christensen announced on his governance forum that the first phase of the “Endgame” plan will kick off in the summer of 2024, including new tokens, SubDAO, token economics, new brands, and new User acquisition channels are designed to achieve exponential growth in DAI usage through the interaction of these elements. The first phase of "Endgame" will last for one month, during which new brands will be launched, and early users can receive additional revenue by signing up. The two newly launched tokens, NewStable and NewGovToken, along with the existing DAI and MKR tokens, will co-exist and support new features of the ecosystem.
The new Lockstake Engine (LSE) subsequently came online to encourage long-term participation in governance. The first phase will also see the launch of NewBridge, connecting the Ethereum mainnet with major Layer 2, and kicking off the airdrop of Spark, Maker’s first SubDAO. The program will promote the growth and activity of the ecosystem by providing liquidity mining opportunities for new tokens, a reward system, and a community governance structure. In addition, Christensen also revealed the next three phases of the “Endgame” plan: scaling up, the launch of NewChain, and the arrival of the final phase.
On March 13, Grass announced that it is establishing a Layer 2 data Rollup based on Solana, with the goal of solving the current challenges faced by the artificial intelligence (AI) field. data transparency issues. Through its node network, Grass collects network data, cleans and structures it for use in AI model training, while rewarding the contributions of nearly one million participants around the world.
This Layer 2 solution will allow each data scrape to record metadata to verify the data source, which will be permanently embedded into each data set. Allows builders to have confidence in the origin of data. This initiative is expected to effectively combat data pollution, empower open source AI, and provide users with visibility into AI models in their daily interactions. To handle the scale that will reach tens of millions of web page requests per minute, Grass will extend its protocol through Layer 2, leveraging the ZK processor for data validation to provide persistent provenance clues for all produced data sets.
Solana Ecology NFT market Tensor will launch the governance token TNSR
On March 13, according to official news, Solana ecological NFT market Tensor will launch the governance token TNSR, and more details will be announced soon. The Tensor platform has traded more than $2 billion worth of Solana NFTs to date and facilitated more than 70% of NFT trading volume on Solana in the past 90 days.
Ordinals Posted Version 0.16.0, enhances configuration flexibility and expands inscription functions
On March 13, Bitcoin NFT protocol Ordinals released version 0.16.0. This update focuses on improving user-friendliness and expanding software functionality. Now, users can set each top-level ord configuration through command line parameters, environment variables or configuration files, greatly simplifying the operation process. Additionally, the project team has documented backwards compatibility guarantees on the recursive endpoint, promising not to remove or change fields that might break inscriptions, but that new fields may be added in the future.
It is worth noting that the inscription tag 15 has been added as a "remarks" field, allowing inscription tools to include the tool name in the inscription. This field will not be rendered, so it is more convenient to use. flexible. The version update also includes functional improvements such as displaying the initial synchronization time to compare the synchronization time of different versions, supporting configuring the Ord server through the content proxy to test inscriptions that have mainnet inscription dependencies, and allowing re-inscription through batch files. Additionally, more fields have been added to r/blockinfo, providing detailed statistics on block sizes and fees, as well as simplifying the use of the ord env command through configuration files.
Solana Ecology DEX derivatives platform Drift Protocol will launch Pre-Launch market
On March 13, according to official news, Solana ecological decentralized derivatives trading platform Drift Protocol will launch Pre-Launch market. To achieve price discovery before the token is officially listed. It is reported that the platform’s first Pre-Launch transaction target will be W tokens.
On March 12, according to the official announcement, the cross-chain DeFi protocol Entangle launched an airdrop plan. The plan has many The first of the airdrop events, 1% of the total token supply will be allocated to reward early supporters. Among them, testnet users will receive a total of 1.25 million NGLs in this event, testnet verification nodes will receive a total of 1.5 million NGLs, and Webverse NFT stakers will receive a total of 5 million NGLs.
On March 12, according to Binance’s announcement, the total number of ether.fi (ETHFI) tokens was 1 billion, and the initial circulating supply was 11.52%. This Launchpool accounted for 2% of the total supply.
Uniswap Web The limit order function has been launched on the App
On March 12, Uniswap Labs announced that limit orders are now online in the Uniswap Web application. The cost of limit orders is zero and there is no minimum transaction. There are size limits and no escrow funds. If the order is not completed within the set time, it will expire and the transaction will never be executed.
Curve Loan Platform LlamaLend goes online
On March 12, Curve Finance announced on the X platform that Curve Lend (ie LlamaLend) has gone online. It is reported that within the lending platform, users can list any assets by themselves without permission, but the specific mortgage rate parameters and soft liquidation losses of each asset will be different based on a set of algorithms.
On March 12, ZK Stack senior product manager Lumi (@zkLumi) posted on the X platform , the team today implemented a protocol upgrade to make zkSync fully compatible with EIP 4844 (Proto-Danksharding) and ready to submit blob transactions. In fact, more than just compatibility, the team has provided an elegant solution for the protocol to select blobs or regular data based on price, with a range of other features to follow that use blobs to further reduce transaction fees.
Starknet mainnet will proceed to 0.13 .1 upgrade to significantly reduce transaction fees
On March 12, the Starknet Foundation announced that the Starknet mainnet will be upgraded to Starknet 0.13.1 when Ethereum Dencun is upgraded. The upgrade adds support for EIP4844 to reduce DA fees, as well as shared prover SHARP-related optimizations to reduce computational costs. With the Starknet 0.13.1 version update, Starknet will transition from using the expensive "calldata" method of sending data to Ethereum to the more cost-effective "blobs" transaction type, thereby significantly reducing fees.
Calldata currently accounts for 85% to 90% of the gas fees paid for publishing transactions on the Starknet network. In addition, Starknet said it will support Dynamic Layouts technology by the end of the third quarter, which can optimize the space within transaction proofs and significantly reduce costs, thereby reducing user fees. Starknet will also launch the Volition feature in late 2024 or early 2025 to further reduce fees and allow developers to choose to store data directly on the blockchain or off-chain based on cost and security needs.
Vanar Chain : Will reach a partnership with an American AI cutting-edge technology giant
On March 12, Layer1 network Vanar Chain stated on its social platform that it will announce a partnership with an American AI cutting-edge technology giant tomorrow. Important announcement of partnership. Affected by this news, its token VANRY briefly exceeded $0.26 and is now quoted at $0.26539, a short-term increase of more than 20%.
Patient Capital Management plans to allocate up to 15% of assets to Bitcoin ETF
On March 13, Patient Capital Management, an asset management company in Baltimore, stated in a recent filing with the U.S. Securities and Exchange Commission (SEC) that it planned to invest up to 15% of its net assets in various spot Bitcoin ETFs. . The Patient Capital Management Opportunities Trust, managed by the firm, holds approximately $1.38 billion in assets, meaning the fund could have up to $207 million invested in Bitcoin. In its mission statement, the fund stated that it will remain invested in Bitcoin for a substantial period of time in order to achieve "long-term outperformance."
This document update shows that this is not the fund’s first investment in Bitcoin. The fund has previously held Bitcoin through Grayscale’s Bitcoin Trust, which recently converted into a spot Bitcoin ETF.
Coinbase Plan Sold $1 billion in bonds to cover debt and operating costs
On March 13, Coinbase announced plans to sell $1 billion in bonds to institutional investors on March 12, 2024. The move is intended to raise funds to repay existing debt and cover the company's operating costs. Coinbase will offer convertible senior notes that will mature in 2030 and be convertible into Coinbase Class A shares, cash, or a combination of both. The bond issuance could increase the company's total liabilities to $4 billion.
Binance Launchpool Launching ether.fi (ETHFI)
On March 12, according to the official announcement, Binance Launchpool launched ether.fi (ETHFI). Users can use BNB and FDUSD to mine ETHFI tokens. Mining starts at 00:00 on March 14, 2024 (UTC). Binance will list ETHFI at 12:00 (UTC) on March 18, 2024, and open ETHFI/BTC, ETHFI/USDT, ETHFI/BNB, ETHFI/FDUSD, and ETHFI/TRY trading pairs.
OKX Web3 Wallet Now Full Support Rune Alpha protocol
On March 12, according to official news, the OKX Web3 wallet now fully supports the Rune Alpha protocol. Users can view and transfer Rune Alpha protocol assets through the OKX Web3 wallet. In addition, in order to ensure the security of user assets, OKX Web3 wallet is the first multi-chain wallet to realize the isolation of Bitcoin assets. It can provide a second reminder when users transfer Bitcoin assets to avoid accidentally burning assets to the greatest extent. Currently, users can experience it immediately by updating the OKX APP or OKX Web3 plug-in wallet to the latest version.
It is reported that OKX Web3 wallet has previously taken the lead in supporting Bitcoin asset protocols such as BRC-20, SRC-20 and ARC-20. OKX Web3 Wallet is the industry-leading one-stop Web3 portal. It now supports 85+ public chains. App, plug-in, and web page are unified, covering 5 major sectors: wallet, DEX, DeFi, NFT market, DApp exploration, and supports the Ordinals market. , MPC and AA smart contract wallets, exchange Gas, connect hardware wallets, etc.
On March 12, Goldman Sachs Group, Bank of New York Mellon, Chicago Board Options Exchange and others Several companies have completed a series of pilot tests on blockchain networks connecting different banks and financial institutions. It is reported that this is the largest inter-chain experiment in the capital market. The relevant institutions use the Canton Network, which was launched by the startup Digital Asset Holdings in May last year.
Participants executed more than 350 simulated transactions on the blockchain, involving tokenized assets, fund registrations, digital cash, repos, securities lending and Margin management. (Bloomberg)
Haidu submitted a mini version of GBTC registration application
On March 12, according to filing documents, Grayscale submitted a mini version of GBTC registration application to the SEC. It is reported that the mini trust is intended to be a "spin-off" of GBTC, with new shares of the mini trust being distributed to GBTC shareholders as GBTC contributes a certain amount of Bitcoin to the trust. According to the S-1 filing. If approved, the Mini Trust will be listed on the New York Stock Exchange and operate independently from GBTC.
On March 12, digital asset investment company CoinShares announced the completion of the acquisition of Valkyrie Funds LLC ("Valkyrie") ETF business. CoinShares will also acquire the investment advisory business of Valkyrie Investments Inc. ("Valkyrie Investments") and acquire the sponsor rights of the Valkyrie Bitcoin Spot ETF BRRR.
CoinShares plans to leverage the Valkyrie ETF infrastructure to grow its U.S. asset management business, with a clear focus on product innovation and market differentiation. The acquisition is expected to bring $530 million in additional AUM to CoinShares.
On March 13, As the craze for artificial intelligence (AI) continues to heat up in the encryption field, the cost of registering a subnet on the Bittensor network has soared to $6.7 million. The cost to register a subnet last month was just 100 TAO, or $53,000, but as of yesterday it had reached 10,127 TAO ($6.7 million).
The Bittensor subnet is a specialized network integrated with the Bittensor blockchain, with its own miners and validators that perform unique AI-related tasks. By deploying a subnet, a project can obtain a daily allocation of TAO emissions and hire a dedicated community of miners to perform specific tasks designated by the subnet. Whenever a project registers a subnet, the registration cost doubles, and if no one registers, the price is linearly halved over four days. (DL News)
K33 Research: CME Bitcoin Futures open interest exceeded 150,000, continuing to hit a record high
On March 12, K33 Research senior analyst Vetle Lunde said that CME Bitcoin futures open interest exceeded 150,000, continuing to hit a record high All time high. According to Vetle Lunde, all the growth in CME exposure over the past 3 weeks has come from the 2x long BTC ETF, whose BTC equivalent exposure has surged 148% in 3 weeks.
On March 12, JPMorgan Chase CEO Jamie Dimon said when attending the Australian Financial Review Business Summit in Sydney, "I defend people's right to smoke, and I will defend people's right to buy Bitcoin, but I will not buy Bitcoin myself."
When talking about interest rate cuts, Jamie Dimon expressed support for the Federal Reserve waiting until later this year to implement an interest rate cut cycle. "The Fed's credibility is under some threat. I personally believe that interest rate cuts will come after June. Any decision should be based on data. Inflation may be more sticky than expected and interest rates may remain at a higher level for a longer period of time."
Swedish Bank Governor: Hope to minimize the use of Bitcoin in the financial sector
On March 12, according to Bloomberg, Erik Thedeen, President of the Swedish Central Bank, said that he “hopes to reduce the use of Bitcoin as much as possible in the Swedish financial system.” People see Bitcoin, which is an invaluable instrument that is actually based on pure speculation. Although Bitcoin does not pose a threat to financial stability, it is still a risk for consumers. ”
The Federal Reserve maintains interest rates in March The unchanged probability rises to 99%
On March 12, according to CME FedWatch tool data, after the release of CPI data, the probability that the Fed will keep interest rates unchanged in the range of 5.25%-5.50% in March rose to 99%, and the probability of cutting interest rates by 25 basis points dropped to 1.0 %. Today the United States released core CPI data, which rose 0.4% month-on-month, higher than market expectations.
United States 2 The monthly core CPI rate reported at 0.4%, higher than expected
On March 12, the U.S. core CPI rate in February reported at 0.4%, higher than expected at 0.3%. In addition, the U.S. core CPI rate in February was 3.8%, higher than the expected 3.7%. (Golden Ten)
BlackRock's IBIT Bitcoin holdings exceeded 200,000 pieces
On March 12, asset management giant BlackRock officially updated its spot Bitcoin ETF Bitcoin holdings data as of March 12. On March 11, IBIT's Bitcoin holdings exceeded 200,000, reaching 203,754.83728, with a market value of approximately US$14.76 billion. MicroStrategy also disclosed that it had purchased another 12,000 BTC yesterday, and its current Bitcoin holdings reached 205,000 Bitcoins, which means that the gap between the two Bitcoin holdings is approximately 1,245 BTC.
On March 13, Studio 369, the developer of blockchain game MetalCore, announced the completion of US$5 million in financing. This round of financing was participated by Delphi Digital, Bitkraft Ventures and Sanctor Capital. Studio 369 will use the newly raised funds for ongoing development and upcoming features, such as leveraging artificial intelligence to generate unique missions, goals and tasks. (CoinDesk)
On March 12, Oneness Labs completed a US$4 million seed round of financing. This round of financing was funded by Dubai family fund The House of Maktoum and Finewill Capital. House of Maktoum and Finewill Capital, a gaming fund co-founded by Wemade and Mirana, participated in the investment.
It is understood that the Oneness Matrix developed by Oneness Labs is dedicated to designing modular game intent BTC Layer2 for consumer games, aiming to use a new way to The US$200 billion traditional gaming industry migrates to Web3 and opens up a gaming scenario driven by large-scale consumption and transactions. Oneness Matrix will launch in beta in the second quarter of 2024, with the platform’s first game launching in late 2024.
On March 12, gamification incentive layer protocol Kaskade Finance announced the completion of a Pre-Seed round of financing, with Marshland, NxGen.xyz, Artemis Capital, Andromeda Capital, Hercules Ventures, 369 Capital, Crypto Oasis Ventures, VirtualBacon, Brian D Evans, CryptoJack, etc. participated in the investment, but the specific financing amount has not been disclosed yet.
It is reported that Kaskade Finance mainly provides a cross-chain liquidity guidance layer for DeFi protocols and cross-chain networks, using incentives centered on transaction volume to increase liquidity pools more costs. (Coinstelegram)
The U.S. SEC announced that Tianqiao Capital’s Bitcoin ETF registration statement was “invalid”
On March 13, Bloomberg Senior ETF Analyst Eric Balchunas The U.S. Securities and Exchange Commission (SEC) today ordered Skybridge Capital’s Bitcoin ETF “First Trust SkyBridge Bitcoin ETF Trust” to declare its registration statement “invalid” in accordance with Section 6(a) of the Securities Act of 1933. ”. More than nine months have elapsed since the filing and the document has not become effective and has not been timely amended or withdrawn following a Rule 479 notification.
On March 19, 2021, SkyBridge Capital partnered with investment advisory firm First Trust Advisors to submit this Bitcoin ETF application.
US Courts Requiring Binance founder CZ to surrender his passport
On March 13, the U.S. District Court for the Western District of Washington modified the bail conditions of Binance founder CZ, requiring him to stay in the United States before sentencing. and report to pre-clearance services before undertaking any inland travel. In addition, Zhao is required to surrender his Canadian passport to a third party supervised by a lawyer and to be accompanied by this person when traveling. He must also surrender all current and expired passports and travel documents and may not apply for or obtain new passports or travel documents without the permission of the court.
On March 13, according to an anti-money laundering consultation document issued by the Financial Conduct Authority of the United Kingdom, issuance in the United Kingdom Cryptocurrency companies that provide NFTs rather than financial services may also need to register with the agency to do business in the country. It is reported that the British government hopes to collect responses to the proposed system by June 9, so the final result is still yet to be determined. (CoinDesk)
Cryptocurrency mixing service Bitcoin Fog Founder convicted of money laundering
On March 12, according to Bloomberg, the founder of cryptocurrency mixing service Bitcoin Fog was charged with helping launder thousands of dollars in darknet markets known for selling illegal drugs. million dollars and was convicted in federal court in Washington. Roman Sterlingov, 35, provided a coin-mixing service that made it more difficult to find the source of proceeds from illegal activities, a jury ruled Tuesday. The government claims Bitcoin Fog processed more than $400 million in untraceable transactions, including some from illicit markets.
On March 12, according to The Block, CFTC Chairman Rostin Behnam said that the agency “will consider a dedicated resolution this summer. Proposals for potential risks, conflicts and governance issues that may arise from new market structures and affiliations”. The proposal aims to solve the problem of cryptocurrency trading platforms playing the multiple roles of brokers, clearing houses and custodians in the market.
On March 12, the European Parliament approved a series of new sanctions laws that also apply in cryptocurrency. The new rules are intended to ensure uniform application of sanctions rules across the EU's 27 member states in response to growing concerns over Russia's invasion of Ukraine and breaches of EU sanctions against Russia.
The new law provides for a consistent definition of sanctions violations, including failure to freeze funds, failure to comply with travel bans or arms embargoes, transfers of funds to sanctioned persons, or interactions with sanctioned persons. Sanctions state-owned entities in countries for transactions, etc. It is reported that the EU's restrictive measures apply to a wide range of financial services, including the provision of "encrypted assets and wallets." (CoinDesk)
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