Odaily News Gitcoin posted on the

Odaily news: According to the official announcement, Bithumb will launch BIGTIME and STMX today and open the Korean won trading pair; BIGTIME will open for deposits at 10:00 and trading at 11:00; STMX will open for deposits and trading at 10:20 and 11:20, respectively. .

Odaily reported that according to on-chain analyst Ember Monitoring, one day ago, Celsius and its associated addresses transferred 10,000 ETH ($20.3 million) to the 0xc45 address. 2 hours ago, the 0xc45 address transferred 7,000 ETH ($14.21 million) to Coinbase and 2,600 ETH ($5.27 million) to OKX.

Odaily News Ledger posted on the X platform that it now supports dYdX Chain on Cosmos. Users can now secure and manage DYDX in real-time via Ledger Live, and stake via Ledger (rewards are USDC and DYDX).

Odaily News Smart contract audit company gaslite Lianchuang Pop Punk issued a document on the X platform stating that it found a serious problem in the Blast Bridge contract. Blast is using comments incorrectly (currently showing multi-line comments) and it is recommended to stop using them as single-line comments.

Odaily News Blockchain protocol Algorand (ALGO) forges new partnerships with Indian trade body and tech industry chamber NASSCOM, global venture capital firm TiE Bangalore supporting entrepreneurs, and Mann Deshi Foundation backing India’s first women’s rural bank relationships and expand its footprint in India. Earlier this year, the Algorand Foundation entered India with its initiative called AlgoBharat. At the time, Algorand partnered with the Self-Employed Women’s Association (SEWA), which supports women-led businesses building blockchain solutions, and with Jawaharlal Nehru Technological University and the Indian Business School, Initiate teacher development program. Algorand Foundation CEO Staci Warden and India country head Anil Kakani said in an interview that the company will now build Web3 capabilities for youth at NASSCOM’s FutureSkills Prime skill center and for women entrepreneurs at the Mann Deshi Foundation Developing a blockchain-based credit scorecard and identity system. (CoinDesk)

Odaily reported that according to on-chain analyst Ember monitoring, 5 minutes ago, the FTX/Alameda related address transferred 10,308,268 GMT (USD 2.8 million) to Wintermute.

Odaily News A document submitted on Wednesday showed that Grayscale updated the GBTC protocol for the first time since 2018 to optimize the GBTC structure, prepare for the expected listing of spot Bitcoin ETFs, and increase competition from other applicants such as BlackRock. force. GBTC’s update involves two proposed changes to the trust agreement, which will later be submitted to a shareholder vote. The first modification would allow the management fee to be charged from a monthly basis to a daily basis. A spokesman for the company said this was a structural change rather than a cost reduction and had not yet been finalized. Grayscale currently charges a 2% management fee for GBTC. According to an analyst report from Matrixport, other spot Bitcoin ETF applicants charge management fees between 0.7% and 1%. The second modification will allow assets to be mixed in a comprehensive account, which is the core processing mechanism of ETFs, will make the creation and redemption of shares smoother, and is also an innovation of Coinbase Custody service. Coinbase Custody will also be used by BlackRock’s iShares product, as well as some other spot ETF applicants. The above updates will not result in additional costs for Grayscale shareholders and are not required for GBTC to be converted into an ETF, the filing said. Shareholders have 20 days from Wednesdays filing to vote on the proposed update. (CoinDesk)

Odaily News Swiss asset management company Pando Asset has applied for a spot Bitcoin ETF in the United States and submitted Form S-1 to the SEC. The ETF will trade on the Cboe BZX exchange, with Coinbase serving as the custodian, the filing shows. For Bitcoin pricing, the document mentions using the CME’s CF Bitcoin Reference Rate.

Odaily News Bloomberg analyst Eric Balchunas said on the Version physical delivery model design. In the original and revised physical delivery models, step 4 has changed, that is, the overseas physical market maker obtains Bitcoin from Coinbase and then pays it in cash in advance to a broker registered in the United States (these brokers are not allowed to exposure to Bitcoin).