| Tesla lost $170 million in currency speculation; the UK may become a global crypto asset center (October 25)
headlines
Odaily News Tesla said that during the nine-month period ended September 30, Tesla recorded an impairment loss of $170 million due to changes in the book value of Bitcoin. Additionally, Tesla recorded a gain of $64 million by converting Bitcoin into fiat currency. (Golden Ten)
Industry news
Singapore High Court: NFT can be regarded as property, and the owner can be recognized by a third party
Odaily News Singapore High Court said that NFT can be regarded as property (Property). Singapore High Court Judge Lee Seiu Kin ruled on Friday that NFTs meet some of the legal requirements to be considered property, such as being distinguishable from other similar assets and having owners identifiable by third parties.
It is reported that the judge’s ruling is to explain the injunction issued by him in May, which “prohibits any behavior that may sell Boring Ape NFT.”
British Conservative Party Leader Rishi Sunak May Make Britain a Global Center for Crypto Assets
Odaily News With other candidates withdrawing from the election, Conservative Party MP Rishi Sunak will become the next Prime Minister of the United Kingdom, and the British Global Encryption Center and the official NFT program may be restarted.
The US SEC and Ripple respectively ask the court to reject the other party's motion for summary judgment
Odaily News The U.S. Securities and Exchange Commission (SEC) wrote in a court filing last Friday that Ripple Labs’ motion for summary judgment should be denied “because of making unregistered offers and sales of securities."Israel's Tel Aviv Stock Exchange plans to dabble in
Cryptocurrency and create a digital asset platform
Odaily News According to Israel's Tel Aviv Stock Exchange (TASE) released a new strategic plan for 2023-2027, TASE plans to establish a blockchain-based digital asset trading platform.
Changpeng Zhao: Binance Chain can prevent about 80% to 90% of target funds from being stolen by hackers
Project News
Project News
Odaily News GnosisDAO's GIP-64 community proposal has been approved. As of February 15, 2023, there will be three types of holders of GNO tokens, including: 1. Those who pledge GNO tokens in the Ethereum main network or smart contracts on the Gnosis chain; 2. Individual users who pledge GNO tokens; 3. Cruve GNO: sGNO 19 pool participants distributed a total of about 9 million digital asset management platform Safe (formerly Gnosis Safe) native token SAFE.
In addition, GnosisDAO will linearly unlock 150 million SAFE shares in the next 4 years, of which a total of 100 million SAFEs (including the above 9 million) will be distributed to the four types of GNO pledgers at most.
Encrypted investment platform Freeway has stopped withdrawals, Rug Pull is suspected to have occurred
Odaily News Terra researcher FatMan tweeted that the encryption investment platform Freeway has stopped all withdrawals from the platform. The names of all team members have been removed from the website, and Rug Pull is suspected to have occurred, involving an amount of US$100 million.
Cryptocurrency Exchange LocalCryptos Announces It Will Shut Down Operations, Exit the Market
Odaily News According to QuickSwap official Twitter, the lending market QuickSwap Lend has been temporarily closed, and it has lost $220,000 due to flash loan attacks. This attack was realized through the vulnerability of the Curve oracle machine. Only the Market XYZ lending market was affected, and the QuickSwap contract was still safe.
QuickSwap loses $220,000 due to flash loan attack and will temporarily shut down the lending market
Odaily News According to QuickSwap official Twitter, the lending market QuickSwap Lend has been temporarily closed, and it has lost $220,000 due to flash loan attacks. This attack was realized through the vulnerability of the Curve oracle machine. Only the Market XYZ lending market was affected, and the QuickSwap contract was still safe.
Additionally, QuickSwap stated that since the market is funded by QiDAO, no users’ funds were lost.
Additionally, QuickSwap stated that since the market is funded by QiDAO, no users’ funds were lost.
Zunami, an aggregation income agreement on the Ethereum chain, launched the native stable currency UZD
Odaily News Zunami Protocol, one of Gitcoin's 13th round of donation projects, announced the launch of the native decentralized stablecoin UZD, supported by Curve Finance, Convex, Stake DAO and Goldfinch's LP tokens.
Fireblocks Launches Digital Asset Payment Engine, Fintech Giant FIS Becomes Its Partner
Investment and Financing
Investment and Financing
Odaily News Web3 content publishing platform Paragraph announced the completion of US $ 1.7 million in financing, led by Lemniscap, FTX Ventures, Binance Labs, GCR and Seed Club Ventures participated in the investment.
It is reported that Paragraph was founded by Colin Armstrong in 2021. It can help authors in the Web3 field, DAO and NFT communities to monetize their content through integrated communication services. Content creators and community builders can use NFT or ERC-20 tokens to pass The membership mechanism manages its users or fans.
Odaily News Nebula Innovation Limited’s Nebula Capital launched the first phase of the $100 million Web3.0 fund, which will focus on the web3.0 transformation of the cultural content industry and the original web3.0 IP branding, as well as the web3. Road infrastructure construction.
It is reported that Sealance is composed of Shlomit Azgad-Tromer, Matthew Green and Eran Tromer. The latter two are privacy and blockchain research pioneers and the founding scientists of Zcash. Confidentiality and compliance mechanisms are built into the transaction itself, and the platform can be applied across industry domains such as currencies, exchanges, jurisdictions, corporates, individuals, and banks. (prnewswire)
It is reported that Sealance is composed of Shlomit Azgad-Tromer, Matthew Green and Eran Tromer. The latter two are privacy and blockchain research pioneers and the founding scientists of Zcash. Confidentiality and compliance mechanisms are built into the transaction itself, and the platform can be applied across industry domains such as currencies, exchanges, jurisdictions, corporates, individuals, and banks. (prnewswire)
Star Neymar to Release His First NFT Collection During the World Cup
Star Neymar to Release His First NFT Collection During the World Cup
Odaily News Brazilian football superstar Neymar announced that he will launch his first NFT series during the World Cup. Currently, his whitelist JungleVIBES has been opened for casting on NFTSTAR. NFTSTAR said that the upcoming NFT series will be jointly released by NFTSTAR and NR SPORTS, and the full name is "Beastmode Metaverse x Neymar Jr.".
Odaily News Brazilian football superstar Neymar announced that he will launch his first NFT series during the World Cup. Currently, his whitelist JungleVIBES has been opened for casting on NFTSTAR. NFTSTAR said that the upcoming NFT series will be jointly released by NFTSTAR and NR SPORTS, and the full name is "Beastmode Metaverse x Neymar Jr.".
Chain games and metaverse projects raised $1.2 billion in the third quarter
Odaily News Dappradar's latest report shows that despite the current market downturn, the financing scale of Metaverse and Web3 game companies is still considerable. Chain games and metaverse projects have accumulated approximately US$7 billion in financing in 2022, and the financing amount in the third quarter reached US$1.2 billion.
Among the financing transactions in the third quarter, blockchain games and metaverse projects received the most funds, accounting for 38.5% of the total funds; infrastructure projects accounted for 33.5%, investment companies accounted for 22.9%, and media and NFT projects accounted for 5%.
