Block Weekly: ETH 2.0 Genesis will start on December 1; Bitcoin breaks through $19,000
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Keywords in this issue
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1. Bitcoin broke through 19,000 USDT on November 24
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2. The balance of the Ethereum 2.0 deposit contract address meets the minimum requirement for the Genesis block, which is 525,088 ETH
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3. South Korea will determine the start date of virtual currency tax collection as soon as next week, and the start date is expected to be postponed to 2022
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4. The bitcoin rebate platform Lolli supports users to earn bitcoin shopping rebates on the e-commerce platform eBay
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5. The second trial of the PlusToken network pyramid scheme case: the original judgment is upheld, and the stolen goods involved in the case will be confiscated and turned over to the state treasury
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6. Bifrost vETH minted more than 10,000 ETH within 24 hours of its launch
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7. OKLink: The number of addresses with a balance greater than 100 BTC has declined for two consecutive weeks
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1. Merger of Pickle and YFI
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2. DeFi insurance space is huge, Nexus Mutual, Cover, Nsure mode comparison
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3. Dancing with Zhuang, an article to understand the nine King Kongs held by the "crypto whale" Grayscale Fund
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4. Ten sets of data tell you what you don’t know about Ethereum
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1. Yearn merged Pickle, Cream, and Cover one after another, causing widespread concern
The important DeFi events this week revolved around YFI. YFI founder Andre Cronje announced the merger of Yearn, Pickle, Cream, and Cover this week, which aroused widespread concern in the industry. After the announcement of the merger, the tokens of Pickle and Cream doubled in a short period of time, and the tokens of Cover also increased by more than 50%, showing an impressive performance.
The merger of Yearn and Pickle happened a few days after Pickle was stolen, and together with Pickle, they designed a plan related to the damaged user compensation token CORNICHON. CORNICHON has been issued recently and launched on the exchange. Then Andre Cronje announced the merger of Yearn and Cream, and jointly launched the Cream v2 version with both lending and leverage services. Users can increase their yield through the leverage services provided by Cream v2.
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1. InsurAce, a decentralized insurance protocol, completed a $1 million seed round of financing led by DeFiance Capital
According to news on November 24, the decentralized insurance protocol InsurAce Protocol completed a $1 million seed round led by DeFiance Capital, with Huobi DeFi Labs, ParaFi Capital, Hashed, Signum Capital, and LuneX Ventures as other participating investors. InsurAce Protocol is a community-driven decentralized insurance platform that aims to provide insurance services to DeFi users.
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2. Chainalysis completed a $100 million Series C round of financing at a valuation of over $1 billion, led by Addition
On November 24th, blockchain analysis company Chainalysis completed a $100 million Series C financing led by venture capital firm Addition at a valuation of over $1 billion. Existing investors such as Accel, Ribbit Capital, and Benchmark Capital continued to participate this round of financing.
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3. Kylin Network, a Polkadot data infrastructure component, completes seed round financing
Disclaimer: The Blockchain Institute is organized based on public information and does not represent the position of the Blockchain Institute (official account), nor does it constitute any investment opinion or suggestion.
"BLOCKER WEEKLY" is a cutting-edge reading of the blockchain industry carefully crafted by the Blockchain Research Institute. It selects a week's hot spots and cutting-edge views for blockchain enthusiasts. If you have good comments and suggestions, please leave a message in the comments below.
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Disclaimer: The Blockchain Institute is organized based on public information and does not represent the position of the Blockchain Institute (official account), nor does it constitute any investment opinion or suggestion.


