| Binance seeks to register as an encrypted asset company in the UK; BitMart finds a security breach and suspends withdrawals (December 6)

headlines
Binance seeks to become UK-registered crypto asset firm within 6-18 months
BitMart founder and CEO Sheldon Xia tweeted that a large-scale security vulnerability related to an ETH hot wallet and a BSC hot wallet was discovered, and the possible methods are still being summarized. Hackers were able to extract assets worth approximately $150 million. The affected ETH hot wallet and BSC hot wallet carry a small percentage of assets on BitMart, all other wallets are safe and uncompromised. BitMart is now undergoing a thorough security review and will issue updates as it progresses. Currently, BitMart temporarily suspends withdrawals until further notice.
cryptocurrency
The Ethereum Arrow Glacier upgrade is expected to take place on December 10, and the nodes need to complete the upgrade today
Santiment: Major cryptocurrencies in circulation and their daily active addresses are at 6-month highs
DEX aggregator ParaSwap: Proposal to extend PSP staking lock-up period is being voted on
The NFT data aggregation platform NFTGO tweeted that the number of NFT daily traders has increased nearly 30 times in the past year. Specifically, the number of traders (including buyers and sellers) on January 1, 2021 was 1,036, and the highest point was on September 27, reaching 35,110, which was more than 33 times that on January 1; The day is 7131.
Blockchain industry
Since December 3, overseas tourists who travel to Hainan can recharge their payment accounts without opening a local bank card. The bank has tailored a variety of mobile payment facilitation solutions for overseas tourists, realizing WeChat payment and digital RMB. , UnionPay overseas wallet and other comprehensive applications of mobile payment modes, overseas tourists can choose one or more payment methods to register and use. (released by Sanya)
Investment and Financing
Polygon-based metaverse social game aggregation platform Popop World completed a financing of US$5.75 million, Qiming Venture Partners, Moonrock Capital, Momentum 6, Shima Capital and others participated in the investment.
The Web3 game community GuildFi announced that it raised a total of more than 139 million US dollars, and more than 6,200 users successfully bid for the auction. The token price was 4.03 US dollars at the end of the auction. It is reported that GuildFi is a Web3 ecosystem interconnected by games, NFT and communities.
Polygon-based metaverse social game aggregation platform Popop World completed a financing of US$5.75 million, Qiming Venture Partners, Moonrock Capital, Momentum 6, Shima Capital and others participated in the investment.
Play-To-Earn role-playing game MetaGods completed $3 million in financing, with investors including Hashed, Mr Beast, ABV, Cinchblock, BoxMining, Faculty Capital, Raptor Capital, CoinUnited, Magnus Capital, Banter Capital, and Icetea Labs. MetaGods allow players to build their own avatars based on mythology and gain unique characters and abilities. In addition to battling dangerous monsters, MetaGods will enable players to exchange virtual goods for cryptocurrencies. (Bitcoin News)
Sports Digital Metaverse Platform Blocksport Completes $6 Million Financing Led by FBG Capital
According to official information, on November 30, Blocksport, a sports digital metaverse platform, announced the successful completion of financing with a financing amount of US$6 million. This round of financing was led by FBG Capital, with participation from LD Capital, Spark Digital Capital, Panda Capital, Luna Capital, Calvert Drive Ventures, NewTribe Capital, LVT Capital, Signal Ventures, CV VC, and BIP 32. This round of financing will be used for R&D and marketing of Blocksport's NFT platform, FanToken, and GameFi.
global policy
Indians who trade or invest in cryptocurrencies on Indian platforms may be on the radar of the tax man, as are those who hold cryptocurrencies abroad. The government wants to amend the current income tax and disclosure norms in the upcoming budget to include provisions such as cryptocurrencies. The government wants to capture cryptocurrency revenue and investments both in India and abroad, the people familiar with the matter said. The government is considering amendments to Section 26A of the Income Tax Act and the Annual Information Regulations (AIR), which show data on all of a taxpayer's investments, commonly known as a "tax passbook". “It is proposed to add words such as cryptocurrency, encrypted assets or digital currency to certain parts of the Income Tax Act. This means that those who file tax returns must specifically disclose that they have invested or traded in cryptocurrencies Income earned in the country.” (EconomicTimes.IndiaTimes)
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Deputy Director of the Central Bank's Digital Research Institute: Blockchain helps the high-quality development of digital finance, and can break through eight aspects including core technology and standard support
Co-founder of Makara: The encryption market is not in a bear market now, and it will still be bullish before the end of the year


