News on May 18, according to Lookonchain monitoring data, Jump Trading transferred 3 million LDOs ($6.9 million) to the new address "0x0ee7" 7 hours ago, and then deposited 7366 LDOs ($17,000) into Binance. Jump Trading spent 1207 ETH ($4.76 million) on May 10, 2021 to purchase 5.59 million LDOs at a price of $0.85; $7.7 million) to Binance and KuCoin. Another...
On May 17th, Pimlico, an encryption infrastructure for account abstraction, announced the launch of ERC-20 Paymaster, which supports the payment of Gas fees with ERC-20 tokens (such as USDC, DAI, etc.). Pimlico claims its ERC-20 Paymaster is fully audited and permissionless, supporting all tokens on EVM chains supported by Chainlink. Additionally, Pimlico has...
On May 16th, according to CoinDesk, Jihan Wu’s digital asset financial service platform Matrixport has reached a cooperation with the cryptocurrency custody company Copper to provide OTC settlement services for its institutional clients. Matrixport will join Copper’s ClearLoop network, allowing users to Keep their assets securely on Copper's infrastructure while...
CoinGecko reported on Twitter that as of April 30, 2023, 15.6% of ETH's circulating supply is pledged. This represents an increase of 18.6% compared to the end of 2022, when 13.1% of the circulating supply is pledged at the end of 2022. The share of staked ETH has grown steadily as growth in staked ETH has outpaced growth in circulating supply. On average, the...
According to news on May 14, Argentine electronic bank Uala will suspend its cryptocurrency business, and customers must sell their assets. Uala currently has 300,000 users holding cryptocurrencies in its digital wallets, who are required to sell them within 30 days. Uala will sell these cryptocurrencies with a 5 percent commission and settle in pesos at a rate...
On May 13th, the synthetic asset protocol Synthetix will launch a dynamic Gas Fee module within the next 48 hours, aiming to adjust the minKeeperFee within the scope set by governance, so that the system can adapt to different Gas prices and ensure a decentralized keeper The network remains cost-effective. Among them, minKeeperFee will calculate Gas based on...
On May 12th, the BitDAO community started voting on optimization proposals on branding, tokens, and token economics and ended on May 19th. If the vote is passed, BitDAO, Mantle, and BIT ecology will be collectively named Mantle, the existing governance and DAO will be called Mantle Governance, and BIT tokens will also be converted into Mantle.
According to news on May 12, Calastone, a fund distribution platform under the global investment company Carlyle, released a white paper on the practical application of asset management tokenization, proposing two solutions. One of the solutions is the tokenization of fund units, and the other is to tokenize the assets in the fund. Already in 2019 it began using...
On May 11th, NFTGo and CoinMarketcap recently jointly released the "2023 NFT Market Analysis Report". The report covers the latest developments in the NFT market in the first half of 2023, including market overview, micro trends, giant whale analysis, profit methods, and NFTFi, etc., aiming to provide investors with efficient decision-making support.
On May 10, Bitcoin mining companies Marathon Digital and Zero Two announced the establishment of a joint venture, Abu Dhabi Global Markets JV Entity (ADGM), which will build a large-scale Bitcoin mining facility in Abu Dhabi, the capital of the United Arab Emirates. Initially two digital asset mining sites will be developed and operated with a total capacity of...
On May 9th, the decentralized stablecoin protocol UXD Protocol stated on Twitter that 5 million USDC from the treasury have been put into Flux Finance to earn interest, and the proceeds will be used to buy back UXP tokens. It is reported that Flux Finance supports unlicensed assets such as stablecoins and licensed assets such as tokenized securities. Lenders can...
On May 9th, the multi-chain lending protocol Radiant Capital has opened two proposal votes. Among them, the RFP-16 proposal vote intends to define an initial framework, outlining the method for Radiant DAO to use the Arbitrum Foundation's initial ARB token distribution, and the RFP-17 proposal The vote focused on the lock duration mechanism for Zap vesting RDNT into dLP.
According to peer customer data, last week (May 1-May 8, 2023) the international weekly index of digital collections rose 4.8 points to 14.7 points, the domestic weekly index rose 14.3 points to 150.2 points, and the weekly index of comprehensive value of digital collections rose 8.6 to 68.9 points. Remark: · The comprehensive value index of digital collections...
Modular Capital partner James Ho said on social media that Arbitrum’s annual revenue is more than $100 million, and the current net profit margin is 30-40%. After eip-4844/proto-danksharding, the profit margin will expand to 90- 95%. From this perspective, the annualized fee of ETH is 3-5 billion US dollars, and the Layer 2 market is developing towards an...
According to CoinGecko data, the current total market value of encryption is about 1.23 trillion US dollars, up 1.1% in the past 24 hours. The 24-hour trading volume is about $60.147 billion, with BTC accounting for 45.3%, ETH accounting for 18.6% and Gas fee of 152Gwei.
According to the report released by ResearchAndMarkets, in Britain, as of March 2022, only a small number of respondents claimed to own cryptocurrency, which also showed that there was a huge gender gap in the ownership of cryptocurrency. Among those who own cryptocurrency, most people prefer to own bitcoin, followed by bitcoin cash. Compared with the proportion...
Gabor Gurbacs, director of digital asset strategy at VanEck, an investment management company in new york, said on social media that bitcoin-based technology may absorb value from traditional asset classes and create value on a global scale. The potential for creating value is trillions of dollars. The cost of the base layer will increase with the adoption....
On May 3, Yuga Labs posted on social media that the Twitter account of the company’s new CEO, Daniel Alegre, was hacked and has now been controlled by hackers. Users are also reminded not to click on any minting links and not to interact with any twitter accounts tagged as Daniel Alegre until the official update notice is released, the Yuga Labs team is working...