| Twitter 2.0 plans or does not include the "payment" function; Putin calls for the establishment of an international settlement system based on blockchain and digital currency (November 28)
headlines
headlines
Singapore Parliament will discuss the failure of Temasek FTX investment on November 28
Odaily News Since Temasek is a holding investment company under the supervision of the Singapore Ministry of Finance, the Singapore Parliament will discuss the failure of Temasek FTX investment next Monday (November 28). It is reported that the country’s members have raised more than 15 questions on this incident , including whether the Singapore government has tracked the investment scope of Temasek and Singapore’s sovereign wealth fund GIC, whether the Monetary Authority of Singapore (MAS) has made risk recommendations, and specific data on FTX risk exposure of Singapore investors. (channel news asia)
Elon Musk announced Twitter 2.0 plan, but did not disclose the "payment" function
Elon Musk disclosed on social media his speech PPT at Twitter, which involves Twitter 2.0 planning content, including "advertising as a service", video, encrypted private messages, long tweets, blue label verification function optimization, but in the "payment" page is blank. Previously, it was reported that Elon Musk supported Twitter to launch an encrypted wallet in the near future, saying that he could foresee that "BTC, ETH, and DOGE have a future" and that he had planned to build a "blockchain-based version of Twitter, embedding "tweets" into Trade as a comment, pay 0.1 DOGE per comment or retweet".
The Signal protocol (formerly known as the TextSecure protocol) is a non-interconnected encryption protocol that can be used to provide end-to-end encryption for voice calls, video calls, and instant messaging sessions.
Industry news
Industry news
Putin calls for an international settlement system based on blockchain and digital currencies
Odaily News Russian President Vladimir Putin called for the use of digital currency technology and distributed ledgers to create a new international settlement system at an artificial intelligence conference organized by Russia's largest bank Sberbank, independent of banks and third-country intervention. In his speech, he emphasized that in the context of tense relations between Russia and the West, the flow of funds and payments between countries is currently under threat, and said that sanctions due to the Russia-Ukraine war have severely limited Russia's access to global finance and markets.
Bitwise resubmits Bitcoin futures ETF application to US SEC
Bitwise had submitted a bitcoin futures ETF application in September 2021, but withdrew the application in October of that year, citing cost and complexity. (investing)
Odaily News Hong Kong Financial Secretary Chen Maobo said that virtual assets have become an unstoppable financial innovation. The government has proposed a vision to embrace the industry, trying to make the industry develop in Hong Kong in a gradual and sustainable manner, and attract the global virtual asset community to Hong Kong. When he attended the event of the Banking Association, he pointed out that in the next few months, a new licensing system will be introduced for virtual asset service providers to meet compliance requirements such as anti-money laundering, and he emphasized the need to ensure that risks are controllable, market fluctuations and potential risks are not regulated. will be transmitted to the real economy. (gbcode)
Odaily News A number of state regulators in the United States are investigating whether Genesis Global Capital violated securities laws.
Project News
Project News
Binance launched the industry recovery initiative and announced the details, 150 projects have applied for funding
Odaily News Binance announced the official launch of the Industry Recovery Initiative (IRI), and further clarified the rules:
IRIs are not investment funds. IRI will last for about 6 months and will be fully flexible in terms of investment structure (tokens, stocks, debt, convertible bonds, etc. can be used), and solutions can be tailored according to needs.
So far, Binance has received 150 projects applying to IRI for funding.
Odaily News On November 25, Binance announced the launch of the Asset Reserve Proof System, which uses the Merkle tree data structure.
MetaMask Clarifies Privacy Concerns: "Nothing Has Changed How It Works"
According to the first batch of audit results, the current BTC chain reserve is 582, 485.9302 BTC, the user's net balance is 575, 742.4228 BTC, and the reserve ratio is 101%. The results of the second batch of asset reserve certificates will be announced in the next two weeks, and more assets will be included at that time.
MetaMask Clarifies Privacy Concerns: "Nothing Has Changed How It Works"
Odaily news DEX aggregator 1 inch launched the function 1 inch RabbitHole to prevent MetaMask users from being attacked by sandwiches when trading. This function will send the user's transaction directly to validators including Flashbots, BloXroute, Eden and Manifold instead of the transaction pool . This feature will be free to use during the test period, and the charging method for this feature will be determined in the future.
Odaily News SushiSwap's new CEO, Jared Gray, posted on social media that he and EONS developer David Wilson have completed the first draft of SushiSwap's new Token economics, which will be displayed within the community next week. A public draft is expected in 2-3 weeks.
Odaily News SushiSwap's new CEO, Jared Gray, posted on social media that he and EONS developer David Wilson have completed the first draft of SushiSwap's new Token economics, which will be displayed within the community next week. A public draft is expected in 2-3 weeks.
Odaily News Binance’s official blog released a wallet transparency statement, which pointed out that Binance keeps all customers’ encrypted assets in segregated accounts, which are separately identified from Binance’s encrypted asset accounts. Binance uses its own wallet infrastructure to protect user assets and Binance's own assets, "only spend their own money, and do not use customer funds to trade on their own accounts." Binance also revealed that it is building segregated on-chain customer crypto asset wallets to comply with the upcoming European MiCA regulations.
BitGo CEO: On-Chain Reserve Proof Shows WBTC Backed by 1:1 Bitcoin Reserve
Odaily News BitGo CEO Mike Belshe tweeted that in the past few days, the price trend of WBTC has been questioned a lot because it has fallen by 75 basis points compared to the price of BTC. The on-chain reserve certificate shows that WBTC is backed by a 1:1 Bitcoin reserve, and the reserve is independently managed.
Llama, one of the partners of the ApeCoin DAO bug bounty program, announced on social media that the first phase of the two-week bug bounty program has ended on November 26, and the pledged smart contract will be launched on the mainnet on December 5, Llama said. : “The testnet bug bounty program received a total of 26 bug report reports, of which only one bug of medium severity was found. This bug may delay the user’s ability to request funds. Audit.” Once ApeCoin DAO deploys the staking smart contract on the mainnet, the second phase of the bug bounty program will begin and will run through the entire three-year staking period.
Investment and Financing
Odaily News Web 3 game development company Midnight announced the completion of a $7.5 million seed round of financing, led by Shima Capital, with participation from blockchain platform Forte, popular game community Snackclub, guild and modding platform Overwolf, Woodstock Fund, FJ Labs, Bixin Ventures, etc. cast.
Midnight has been in "stealth" mode before, aiming to use blockchain technology to create real value for players and build an IP-based game world. Its products include 2D pixel fighting game Next Protectors, 4X MMO game Legion, etc. (venturebeat)
Crypto payment infrastructure company XanPool completes $41 million financing, led by Target Global
Odaily News XanPool, an encrypted payment infrastructure company that provides fiat and encrypted currency exchange services, completed a $41 million financing in the second quarter of 2022, led by Target Global. Among them, Target Global invested $35 million and Antler Elevate invested $6 million. XanPool has reached a valuation of $400 million.
XanPool will use the new funds to accelerate market expansion in Europe, the Middle East, North Africa and Latin America, and establish a research and development center in Thailand. (Forbes)
According to previous reports, in October 2021, XanPool completed a US$27 million Series A financing, led by Valar Ventures, with participation from CMT Digital, Wise founder and chairman Taavet Hinrikus, and existing investors Gumi Kryptos and Antler.
Up to now, the total financing amount of t 3 rn has reached 8 million US dollars. Last year, it completed a 1.5 million US dollar seed round of financing, led by Polychain Capital.
Up to now, the total financing amount of t 3 rn has reached 8 million US dollars. Last year, it completed a 1.5 million US dollar seed round of financing, led by Polychain Capital.
It is reported that t 3 rn will provide cross-chain transactions across the Polkadot ecosystem and other ecosystems starting in 2020, and will soon be launched on the mainnet, with the goal of going online as a Polkadot parachain in the first quarter of next year. (The Block)
It is reported that t 3 rn will provide cross-chain transactions across the Polkadot ecosystem and other ecosystems starting in 2020, and will soon be launched on the mainnet, with the goal of going online as a Polkadot parachain in the first quarter of next year. (The Block)
Odaily news NFT perpetual contract trading platform nftperp completed $1.7 million financing at a valuation of $17 million, Dialectic, Maven 11, Flow Ventures, DCV Capital, Gagra Ventures, AscendEX Ventures, Perridon Ventures, Caballeros Capital, Cogient Ventures, Nothing Research , Apollo Capital, Tykhe Block Ventures, OP Crypto and other institutions participated in the investment. It is reported that nftperp tracks the lowest price of NFT collections, allowing users to go long and short NFT.
Odaily News Web 3 game publisher Fenix Games has raised 150 million US dollars, investors include Phoenix Group and Cypher Capital, a Dubai-based venture capital institution. Fenix Games plans to acquire, invest in and publish blockchain games.
character * voice
character * voice
Mark Cuban Says 'Certainly Not Jumping Ship From Crypto', Suggests SBF Will Go To Jail
As previously reported, on November 21, Dallas Mavericks owner and billionaire Mark Cuban canceled the promotion of encryption projects such as MetaMask, The Block, Solana, Treum, Mirror Protocol, Polkadot, DeFi Pulse, Flow, Dapper Labs, and Uniswap Labs. special attention. Many of these projects were invested by Mark Cuban, including Mintable, Dapper Labs, etc. (TMZ)
CZ Response: A third-party auditor will be invited to audit the results of the reserve certificate
As previously reported, Kraken CEO Jesse Powell tweeted that a full proof-of-reserve audit must include total customer liabilities, user-verifiable cryptographic proof that each account is included in the total, and evidence of custodian control of wallets Quan's signature, "Merkel tree reserve proof does not include the total amount of customer liabilities, otherwise it is meaningless".
Kraken CEO: Merkle tree reserve proof does not include total customer liabilities, meaningless
