| Starknet Alpha v 0.11.0 has been launched on the main network; Sui launched a permanent test network (March 31)
headlines
headlines
The public chain Sui launched a permanent test network, which will continue to operate after the main network is launched
Odaily News The public chain Sui Network announced the launch of the Permanent Testnet (Permanent Testnet), which will serve as Sui's long-running, decentralized, and permissionless testnet. Unlike the previous Waves 1 and Waves 2 testnets, this testnet will continue to operate after the mainnet launch.
Testnet feature updates include dynamic validator sets, support for protocol software and Sui framework upgrades, recovery of full nodes from database snapshots, address and signature updates, etc.
Odaily News Cryptocurrency and financial researcher FatMan tweeted that the data on the chain reveals the "rat warehouse" behavior of insiders related to the listing of multiple tokens in Binance. In response, CZ stated that "the $2 million associated with the address in question has been frozen (they never asked to reclaim it) and have been fighting potential leaks etc."
Industry news
Industry news
South Korean prosecutors say extradition request for Do Kwon predates U.S., refutes Montenegro claims
Odaily News South Korea’s Seoul Southern District Prosecutor’s Office has refuted the claim by the Montenegrin Ministry of Justice that “the United States’ extradition request for Terraform Labs CEO Do Kwon was earlier than South Korea’s.”
"Our Ministry of Justice filed a criminal extradition request to Montenegro on March 24, while the U.S. filed a request on March 25. The day after Do Kwon was arrested on March 23, the Ministry of Justice emailed and International Express lodged an extradition request."
Kovac explained, "Which country Do Kwon will be extradited to depends on the seriousness of the crime, the nationality of the offender and the date of the extradition request. Sentence, and extradition will not be carried out until after serving the sentence. No matter which country Do Kwon goes to, the extradition will inevitably be delayed.” (Newsis)
Since March 10, USDC’s net outflow has exceeded $10 billion, and USDT’s market share hit a 22-month high
At the same time, a large number of investors turned to the largest stablecoin USDT. According to DefiLlama data, since March 10, the market value of USDT has increased by about US$8 billion to US$79.5 billion, accounting for 60% of the stablecoin market share, a new high since May 2021. (CoinDesk)
Binance.US expects to resume Signature Bank's ACH deposits and withdrawals within 24 hours
Odaily News A Binance.US spokesperson said that Binance.US expects to resume Signature Bank’s Automated Clearing House (ACH) deposit and withdrawal services within 24 hours. (The Information)
Odaily News According to two people familiar with the matter, the encryption exchange Gemini is seeking to launch an international cryptocurrency derivatives exchange. The platform will exclusively offer products such as perpetual futures that can be traded using leverage. Gemini has been approaching trading firms in recent months to act as market makers on international exchanges, according to people familiar with the matter. (The Information)
OKX to hand over approximately $157 million in frozen assets related to FTX and Alameda to FTX creditors
OKX stated that it will continue to cooperate with FTX creditors and law enforcement officials, hoping that these assets will eventually be returned to FTX users through bankruptcy proceedings. (PRNewswire)
The public chain Aleph Zero smart contract is launched on the main network, and the ecosystem funding plan will be launched
Project News
Starknet Alpha v 0.11.0 has been launched on the mainnet
Official news from Odaily, Starknet announced that Starknet Alpha v 0.11.0 has been launched on the mainnet.
Polygon: MATIC is expected to be used for staking and governance in the Polygon zkEVM in the future
Odaily News Polygon has updated the relevant matters of the Polygon zkEVM mainnet in its official documents. It pointed out that the main network of Polygon zkEVM will not issue separate tokens, ETH will be used to pay network gas fees, and it is expected that MATIC will be used for pledge and governance in Polygon zkEVM in the future.
Additionally, since Polygon zkEVM supports account abstraction via ERC-4337, this will allow users to pay fees with any token.
On March 27th, Polygon announced that the beta version of its zkEVM mainnet has been launched, and Ethereum co-founder Vitalik Buterin made a symbolic first transaction. Polygon also said that to make the network censorship-resistant, users will eventually be able to force transactions to ethereum L1 in the event of a failure, a mechanism that will be enabled briefly after launch.
Odaily News The modular blockchain Celestia has launched the second phase of the testnet Blockspace Race (Phase 2), and cross-chain bridge nodes, full storage nodes, and light nodes can begin to participate. A bonus phase is also now underway, with participants earning extra points for completing bonus tasks.
Odaily News According to official news, Layer 1 privacy-enhancing blockchain Aleph Zero announced that the smart contract ink! 4.0 is launched on the Aleph Zero mainnet, and new DApps will be able to be deployed to the mainnet.
Additionally, Aleph Zero will soon launch an ecosystem funding program that will help Aleph Zero-based projects in a variety of ways.
Additionally, Aleph Zero will soon launch an ecosystem funding program that will help Aleph Zero-based projects in a variety of ways.
Odaily News DAO members of LayerZero-based cross-chain liquidity protocol Stargate discussed how to handle the expected distribution of 1.6 million Arbitrum (ARB) tokens, which are worth less than $2 million, during a community call on Wednesday. LayerZero Labs employee MaxPower said the tokens have not yet been received, but when they do, a decision will have to be made whether to hold, sell, deploy or delegate them.
ssv.network Launches Latest Version of Public Testnet Jato
Odaily News According to official news, the decentralized Ethereum pledge infrastructure ssv.network announced that it will launch the latest version of the public testnet Jato today. It is reported that Jato’s Gas cost has been optimized, the validator account management has been improved, and the number of nodes running validators has been increased. The previous testnet Shifu will be gradually shut down.
As for the launch time of the mainnet, ssv.network stated that the mainnet will be launched after the smart contract audit, the implementation of feedback and suggestions for Jato, and the release of the mainnet candidate version.
Odaily News DAO members of LayerZero-based cross-chain liquidity protocol Stargate discussed how to handle the expected distribution of 1.6 million Arbitrum (ARB) tokens, which are worth less than $2 million, during a community call on Wednesday. LayerZero Labs employee MaxPower said the tokens have not yet been received, but when they do, a decision will have to be made whether to hold, sell, deploy or delegate them.
Some participants suggested that the DAO should distribute ARB tokens to users or deploy them as a liquidity incentive, while others suggested delegating ARB tokens so Stargate could participate in Arbitrum governance. (CoinDesk)
BAYC Releases HV-MTL Series Mech Types
Web3 social protocol Atem Network will airdrop to Mirror and Lens users
Odaily News Web3 social protocol Atem Network announced the opening of the "Infinity Gems" event, which will be airdropped to Lens, Mirror users and creators. Users who previously held Atem series NFTs, interacted on the Atem ecological platform, and interacted on Web3 social platforms such as Lens and Mirror can receive gem airdrops.
According to reports, the gems are SBT, which are divided into 6 types, which can be exchanged for tokens in the future. Collecting all 6 types of gems can synthesize infinite gloves and get incentives.
The STEPN achievement system will be launched gradually in three batches in April
According to community news, STEPN co-founder Jerry Huang said in an AMA that the achievement system will be launched gradually in three batches in April, with titles and historical data. The pfp-like NFT generated by GNT will be available in the STEPN app. Accounts that were previously banned for cheating need to pay a "price" to get their assets back, and these fines will be rewarded to loyal users in some way.
NFTGo officially launched the NFT rarity model GoRarity, and open sourced the core algorithm
Odaily News According to official news, NFTGo recently announced that it has fully open sourced its self-developed rarity algorithm GoRarity on Github, providing Web3 developers and users with a transparent and reasonable rarity model, and enriching NFT valuation logic.
GoRarity was invented by the NFTGo team in November 2021. The model uses the Jaccard Distance algorithm. Compared with other models on the market, GoRarity reflects the relevance of a single NFT to the project it is in. Currently, users can view and use the GoRarity rarity score directly on NFTGo.
BAYC Releases HV-MTL Series Mech Types
Odaily News BAYC announced that the HV-MTL series of mech types has been officially released on its official website. There are 8 types in total, and 7 types have been publicly displayed, namely GLITCH, DYNAMIC, BIO, KNIGHT, CELESTIAL, REAVER and HOLO, while LEGENDARY has not yet public.
The HV-MTL series consists of 30,000 Evo 1 Mechs NFTs, which can be obtained by destroying the Sewer Pass. Holding HV-MTL NFTs will allow access to future BAYC games and content.
Investment and Financing
Investment and Financing
Odaily News Encrypted hardware wallet Ledger locked most of the funds in the 100 million euro financing, with a valuation of 1.3 billion euros, which is roughly the same as the valuation given by investors in the last financing in June 2021. True Global Ventures, Cité Gestion SPV, Digital Finance Group and VaynerFund participated in the investment. (Bloomberg)
Odaily News Encrypted hardware wallet Ledger locked most of the funds in the 100 million euro financing, with a valuation of 1.3 billion euros, which is roughly the same as the valuation given by investors in the last financing in June 2021. True Global Ventures, Cité Gestion SPV, Digital Finance Group and VaynerFund participated in the investment. (Bloomberg)
ProDigital Future Fund to Raise $100M to Invest in Crypto Startups
Agreena, an agricultural financial technology company based on blockchain technology, completed a 46 million euro B round of financing
Odaily News Music NFT trading platform and all-in-one application Muverse announced the completion of a US$6 million seed round of financing, with Syndicate Capital, Knights Templar Capital, Zonff Partners, AvatarDAO, Sun Artland Ltd and others participating.
The financing funds will be used to expand the platform's functions and services, accelerate user acquisition and improve user experience. Muverse is developing its second phase of products, which will include a music NFT exchange, NFT fragmentation capabilities, and an AMM pool for its F-NFT/MCT transactions. (EIN Presswire)
DWF Labs Invests $5M in Blockchain Customer Rewards Platform apM Coin
The financing funds will be used to expand the platform's functions and services, accelerate user acquisition and improve user experience. Muverse is developing its second phase of products, which will include a music NFT exchange, NFT fragmentation capabilities, and an AMM pool for its F-NFT/MCT transactions. (EIN Presswire)
DWF Labs Invests $5M in Blockchain Customer Rewards Platform apM Coin
Odaily News Blockchain customer rewards platform apM Coin Project announced that it has received a $5 million investment from DWF Labs and an optional partner contract worth $1.5 million. Through this partnership, the two companies plan to drive the expansion of the Web3 ecosystem. Through this investment and cooperation, apM Coin plans to develop and expand the apM Coin Project's inter-chain payment solution.
Blockchain startup Coadjute raises £4m led by Praetura Ventures
Odaily News Blockchain startup Coadjute completed £4 million in financing, led by Praetura Ventures and participated by Reech Corporations Group. The financing is used to expand its network across the real estate market. (tech)
Vote-to-earn project Love Hate Inu closes $2 million in funding
Music NFT project Daniel Allan Entertainment completes $1 million seed round, led by Coop Records
Odaily News Music producer and Web3 enthusiast Daniel Allan recently announced that his music NFT project Daniel Allan Entertainment completed a $1 million seed round of financing, led by Coop Records, Palm Tree Crew Crypto, Noise DAO, Woodstock DAO, Fire Eyes DAO and angels Investors Adam Kornfield, Ante Hoathe, Degen Davinci, Ash Egan, Nic Carter, George Lambeth, Kyle Samani, Shayon Sengupta, Jacob Horne, Adam Levy, Jason Meinzer participated.
Daniel Allan said that he minted the first music NFT in April 2021, and in the past year and a half, the total income of his NFT's primary sales was 228 ETH, and the total income of secondary sales was 105 ETH.
Indonesian encryption exchange Mobee completed a new round of financing, led by 1982 Ventures
Odaily news Indonesian cryptocurrency exchange Mobee completed a new round of financing, the specific amount was not disclosed, led by 1982 Ventures, and several Indonesian family offices and individual investors participated in the investment. The funds raised will be used to expand the business, launch new products, and hire more veterans from the financial services and digital asset industries. (Tech in Asia)
global policy
global policy
Odaily News Japan’s Ministry of Finance is coordinating the establishment of a new Central Bank Digital Currency (CBDC) expert group, as early as April, to identify possible institutional and technical issues and initiate discussions, including the possibility of issuance. (Jiji News Agency)
Thailand's SEC is considering removing the 300,000 baht ICO investment limit for retail investors
Thailand’s regulator said: “The revision of the regulations aims to strengthen the effective monitoring of digital asset operations and reduce risks that may affect investors, digital asset operators and the market. The move to increase ICO restrictions for retail investors will allow more retail investors investing, thereby increasing their risk exposure.”
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Fed Chair Powell: One more rate hike expected this year
Asked in a private meeting with U.S. lawmakers in a private meeting with U.S. lawmakers how much more the Fed will raise interest rates this year, Federal Reserve Chairman Powell pointed to policymakers' latest forecasts, according to Republican Rep. Kevin Hern. show that they expect one more rate hike.
Powell was essentially reiterating the new rate forecast, known as the Fed's dot plot, that policymakers released last week after the FOMC's two-day meeting. "One of the things they've acknowledged recently is that they expect one more rate hike this year," Hearn, of Oklahoma, told reporters after meeting with Powell.
US SEC Chairman: Existing Securities Laws Cover Most Encrypted Market Activities, No Additional Legislation Required
Odaily News After the hearing of the House Appropriations Committee on Wednesday, Gary Gensler, chairman of the US Securities and Exchange Commission (SEC), said in an interview that existing securities laws "cover most of the activities that take place in the encryption market." Cryptocurrencies do not require additional legislation, but if Congress acts, it is important that lawmakers do not break existing laws. It should be up to the SEC and the courts to define what constitutes a security, not the choice of individual crypto exchanges.
Gensler declined to answer when asked if the SEC planned to file a lawsuit against Binance, but said the agency has filed lawsuits against other exchanges. (The Block)
Binance spokesperson: Bicasso did not copy Chatcasso, its design and development were earlier than the previous BNB Chain hackathon
