| Blur founder reveals identity; FTC opposes Voyager Digital bankruptcy reorganization plan (February 23)

headlines

The founder of Blur has disclosed his identity and studied at the Department of Computer Science of the Massachusetts Institute of Technology

The founder of Blur has disclosed his identity and studied at the Department of Computer Science of the Massachusetts Institute of Technology

cryptocurrency

The founder of Blur @PacmanBlur disclosed his identity on social media, saying that before creating Blur, he dropped out of high school to enter Y Combinator at the age of 17, and then entered the MIT Department of Computer Science to study. He was awarded a Thiel Scholarship and created after leaving MIT. Namebase, sold Namebase to Namecheap. In addition, he also said that 401 days before Blur, he discussed with @_anishagnihotri whether to choose doxx or build anonymously, and then chose to be anonymous and then public, and said that he enjoyed this privacy very much in the process of creating Blur.

secondary title

cryptocurrency

FTC Opposes Voyager Digital's Bankruptcy Reorganization Plan

The U.S. Federal Trade Commission (FTC) has opposed crypto brokerage Voyager Digital's third bankruptcy reorganization plan, saying it would unlawfully prevent the company from being held liable for "actual fraud, willful misconduct or gross negligence." If the judge confirms the current plan, the FTC could technically stop legal action or fines against Voyager and its former employees. In a court filing Wednesday morning, FTC attorney Katherine Johnson wrote that the FTC has been investigating Voyager Digital’s “deceptive and unfair cryptocurrency marketing to the public.” (Decrypt)

Aventus has announced that it is shelving an earlier decision to split its native token, AVT. "This doesn't mean we're going to stop doing token splits, we're just temporarily stopping, and our priority is to reconsider token splits in the future," the company said in a statement. AVT token launched in 2017 issued, and reached an all-time high of $6.905 in early 2018. It currently has a market cap of $7.3 million, according to CoinMarketCap.

Binance will burn $2 billion of idle BUSD on the BNB chain and release equivalent collateral BUSD on the Ethereum network

0x D 945 The whale address at the beginning bought 1.67 million BLUR again

The giant whale address starting with 0x D 945 spent 2,000 ETH to buy 2.52 million BLUR on February 20, and spent 1,000 ETH to buy 1.67 million BLUR about 1 hour ago, with an average purchase price of $0.99. The address currently holds 4,187,211 BLUR worth approximately $4.1 million.

Binance will burn $2 billion of idle BUSD on the BNB chain and release equivalent collateral BUSD on the Ethereum network

Binance officials said on Twitter that later today, Binance will burn $2 billion worth of idle BUSD on the BNB Chain, and then release the same amount of BUSD used as collateral on the Ethereum network.

Google Cloud will be a Tezos network validator, and Google Cloud enterprise customers will be able to deploy Tezos nodes to build Web3 applications on the network. (CoinDesk)

Project News

Huang Licheng sold 536 NFTs on Blur in the past 24 hours

Project News

Onchain Trade Slams Camelot: Launchpad Has a Serious Hype Problem and Many Projects Haven't Released Products yet

According to the official Twitter, Onchain Trade announced that it has canceled its plan to conduct IFO on the Camelot platform on the 27th of this month. It is reported that the project had negotiated with Camelot 2 months ago on the launch of IFO with 0 fees, and was later told that it would charge 2% of the fee, and was required to issue exclusively on the Camelot platform, and could not cooperate with other platforms at the same time Launching IFO, Onchain Trade finally chose to end the cooperation and only conduct IFO on the Onchain Trade portal.

Additionally, OnchainTrade advises users to be cautious when engaging with Launchpad on the Camelot platform. Onchain Trade stated that the 0 cap auction model is not fair to individual investors. Most individual investors have no risk awareness and know nothing about project valuation. Onchain Trade does not want to see its loyal users lose money in the IFO.

According to Onchain Trade, many Launchpad projects on the Camelot platform have not yet released products, and they need to sign a private agreement with Camelot and meet some of its unreasonable requirements.

Uniswap launches "Use any ERC 20 token to buy NFT" function

Additionally, OnchainTrade advises users to be cautious when engaging with Launchpad on the Camelot platform. Onchain Trade stated that the 0 cap auction model is not fair to individual investors. Most individual investors have no risk awareness and know nothing about project valuation. Onchain Trade does not want to see its loyal users lose money in the IFO.

According to Onchain Trade, many Launchpad projects on the Camelot platform have not yet released products, and they need to sign a private agreement with Camelot and meet some of its unreasonable requirements.

Uniswap launches "Use any ERC 20 token to buy NFT" function

Uniswap tweeted that users can now use any ERC 20 token in their wallets to buy NFTs without first converting to ETH. Currently, only single input tokens are supported, but in a future release it will be possible to support bundling multiple ERC-20 tokens into a single purchase.

OFR leads the acquisition of NFT projects 0 N 1 Force

On February 22, 2023, the veteran encryption industry OG led by the Old Fashion Research (OFR) fund announced the completion of the acquisition of the first anime NFT series 0 N 1 Force. The acquisition amount was not disclosed. At present, the founder of 0 N 1 Force has left, and the current project leader Henry Finn (Starlordy) will become the CEO of 0 N 1 Force, and the existing community operators will continue to serve the 0 N 1 Force community.

The Sandbox announced on Twitter that the public minting of the Ubisoft Rabbids NFT is now officially live. The Rabbids NFT was released by the game giant Ubisoft on the Polygon chain, with a total of 2,066 pieces and a price of 100 SAND. The Sandbox is expected to launch a supporting Metaverse game at the end of February.

Investment and Financing

Crypto Startup Polybase Closes $2M Pre-Seed Funding Round Led by 6th Man Ventures

Crypto Startup Polybase Closes $2M Pre-Seed Funding Round Led by 6th Man Ventures

Polybase, founded last year by Sid Gandhi and Calum Moore, is developing a decentralized database using zero-knowledge techniques. Polybase is currently running on a testnet, and its mainnet is expected to launch in the next few weeks. To that end, the startup is also looking to expand its current five-person team by hiring some in engineering and marketing functions, Gandhi said. (The Block)

Multisig startup Den raises $2.8 million

Polybase, founded last year by Sid Gandhi and Calum Moore, is developing a decentralized database using zero-knowledge techniques. Polybase is currently running on a testnet, and its mainnet is expected to launch in the next few weeks. To that end, the startup is also looking to expand its current five-person team by hiring some in engineering and marketing functions, Gandhi said. (The Block)

Blocto Wallet Closes Series A Funding at $80M Valuation, Mark Cuban Participates

Multisig startup Den raises $2.8 million

Blocto Wallet Closes Series A Funding at $80M Valuation, Mark Cuban Participates

global policy

Blocto Wallet has announced a new funding round at a valuation of $80 million. Mark Cuban participated, making his second investment in Blocto Wallet. Other investors include 500 Global and IPX (formerly Line Friends). According to the announcement, as of November 2022, Blocto has 1.6 million users and its NFT marketplace, BloctoBay, is the largest marketplace on the Flow blockchain. Blocto recently expanded into the Aptos ecosystem and has amassed a user base of 400,000, making it the second largest wallet on Aptos.

According to previous news, Blocto Wallet completed an $8 million Series A financing led by Animoca Brands in April 2021, with participation from CMS Holdings, Double Peak Group and Alameda Research. Shortly after the funding round, the startup closed an additional $8 million in private token funding, with investors including SevenX Ventures, Alameda Research and Dapper Labs CEO Roham Garegozlou.

global policy

Israel's Central Bank Publishes Stablecoin Regulations

New Draft EU Anti-Money Laundering Bill Shows Self-Hosted Wallets Won't Be Banned

character * voice

The current text of the draft EU anti-money laundering regulation could ban privacy-enhancing crypto assets and “anonymization tools,” including privacy wallets or cryptocurrency mixers. Additionally, the document clarifies that in most cases, these restrictions do not apply to self-hosted wallets. In terms of transaction restriction rules, the latest version of the European Parliament’s review of the Anti-Money Laundering Act resulted in the document changing “self-hosted wallets” to “self-hosted addresses.” Tommaso Astazi, head of regulatory affairs at European lobbying group Blockchain, said that with the change, policymakers aim to clarify their goal of preventing non-custodial wallets from existing without linking to identified accounts on crypto service providers such as exchanges. The documents also show that self-hosted wallets still have a transaction limit of €1,000 if the owner cannot be identified.

MEPs have until March 28 to debate the draft anti-money laundering law document, so changes to the terms are still possible. (The Block)

character * voice

Fed's Bullard: Fed should slow rate hikes only when terminal rates are reached

The Fed's Bullard said the Fed should slow down (raise rates) only when it reaches terminal rates, and the market may be overestimating the risk of a recession in 2023. The U.S. economy is stronger than imagined. The Fed will have to raise rates above 5% to keep inflation in check, Silicon Valley layoffs have had no impact on the overall strength of the labor market, with terminal rates expected to hit 5.375%. The U.S. economy is more resilient than financial markets predict.

He also said he forecast a modest slowdown in economic growth and lower inflation this year. The risk for the Fed is that inflation does not fall or that inflation growth accelerates again. If inflation doesn't come down, we're going to have to act. That's why the Fed needs to be sharp now and need to keep inflation under control this year. This is an era of forward guidance, so talk of economic lag makes less sense now. There is currently no financial pressure to be seen. (Golden Ten)