digital currency

digital currency

SushiSwap clarifies: 47 million SUSHI unlocks will be collected in batches in the Claim mode, not released at once
According to official news, SushiSwap stated that there are many factual errors in the overseas currency media Decrypt’s SUSHI unlocking report, which misleads community users and readers; when it comes to token unlocking, only the total amount is mentioned but not batch unlocking, creating unnecessary panic FUD . SushiSwap clarifies several fundamental mistakes:
1. The unlocking time was originally scheduled for the end of March, and the community has no disagreements or disputes about it. The team has no plan to change the time or cancel the unlocking.
2. Unlocking will be done in batches and claimed in the Claim mode, not a one-time release. The specific rules are subject to the official announcement later.
3. The pledged SUSHI can be withdrawn at any time, and the proceeds will not be locked.
4. In the proposal in January, the exclusion of agreements such as Harvest was discussed, which is not news, nor is it a modification of the original plan. The reason for excluding the agreement is to distribute the rewards to the real participating users. Whether the agreement receives rewards will be announced in a subsequent announcement

Earlier news, Decrypt issued a document stating that 47 million SUSHI tokens (approximately 878 million US dollars) will be unlocked starting in April.

Data: The number of non-zero addresses in Ethereum exceeded 56.2 million, a record high

According to Glassnode data, the number of non-zero addresses in Ethereum hit a record high, reaching 56,215,680.

The total market value of stablecoins exceeded US$60 billion, and the holdings of stablecoins on exchanges exceeded US$9.8 billion

CryptoQuant data shows that as of March 26, the holdings of stablecoins on global crypto exchanges reached $9.806 billion. At the same time, CoinGecko data shows that the current total market value of stablecoins has exceeded US$60 billion, close to US$62.6 billion; the daily trading volume of all stablecoins is approximately US$85.384 billion, of which Tether (USDT) accounts for US$79.1 billion.

zkSync announced the 2.0 roadmap: the public test network is expected to be launched in May, and the main network will be launched in August

Ethereum’s second-layer solution, zkSync, announced the zkSync 2.0 roadmap: the zkSync 2.0 public test network will be launched in May, and the main network will be launched in August. zkSync 1.x will soon support Atomic Swap, minting and transfer of NFT, etc., and is expected to be launched on the mainnet in May.

Rococo Testnet Ends Second Parachain Slot Auction, Plasm Network Gets Slots

Polka Warriors tweeted that the Rococo testnet ended the second parallel chain slot auction, and Plasm Network won the slot. In the previous first auction, Acala Network became the first parachain to get a slot. The Rococo testnet parachain slot auction will make technical preparations for the subsequent Kusama and Polkadot parachain slot auctions.

Cosmos will hold a Launch Party to demonstrate the cross-chain transfer of IBC tokens for the first time

According to official news, Cosmos announced that it will hold a Launch Party on March 29th at 12:00 pm Pacific Summer Time, which will last for 3 hours. At that time, cross-chain communication will be enabled for the first time to activate the cross-chain transfer of IBC tokens.

YouTube blogger Colin Talks Crypto said that on March 26, Block.one account "b1" transferred 333,334 EOS to multiple new accounts and trading platforms through an intermediate account, with a value of about 1.32 million US dollars. The platforms include Coinbase, Kraken, and Binance , Kucoin.

Blockchain industry

Blockchain industry

Sumitomo Mitsui Trust Bank to issue first digital securities in Japan within this month

Japan's Sumitomo Mitsui Trust Bank will issue digital securities for the first time in Japan within this month. The digital securities use blockchain technology and will also be considered for sale to individual investors in the future. According to previous reports, Japanese financial giant SBI Holdings, in cooperation with Sumitomo Mitsui Financial Group, will launch a digital stock exchange in Osaka in the spring of 2022, and is expected to begin processing digital securities in 2023. (JP. Cointelegraph)

State Grid Blockchain Judicial Appraisal Center was established in Beijing

On March 28, the State Grid Blockchain Forensic Center was established in Beijing. This is the first domestic judicial appraisal institution featuring blockchain technology. It will accelerate the innovative practice of blockchain in the field of energy digital governance, explore a new model of legal technology services based on blockchain, and create a "blockchain + law" "Technology" integrates innovative products, promotes "chain data" to empower my country's digital transformation, and helps modernize the national governance system and governance capabilities. (Rule of Law Daily)

Investment and Financing

Investment and Financing

Financial app Ziglu completes £6.1 million seed round

Meta Network, a Web3 personal token platform, completes a new round of financing of US$2 million

Meta Network, a Web3 personal token platform, completes a new round of financing of US$2 million

Web3 personal token platform Meta Network announced that it has officially completed a new round of financing of US$2 million recently. Participating institutions and individuals include NGC Ventures, Cyberright Capital, OG Labs, YFII community developer Gao Jin, MCDEX founder Liu Jie, dForce founder Mindao, Binance Research analyst Calvin Chu, Orange Book editor-in-chief Li Yang, 499 DAOs, OG Labs, Primitive Crypto partner Dovey Wan, etc. In addition, former round investor Tony Tao continued to invest more.

Web3 personal token platform Meta Network announced that it has officially completed a new round of financing of US$2 million recently. Participating institutions and individuals include NGC Ventures, Cyberright Capital, OG Labs, YFII community developer Gao Jin, MCDEX founder Liu Jie, dForce founder Mindao, Binance Research analyst Calvin Chu, Orange Book editor-in-chief Li Yang, 499 DAOs, OG Labs, Primitive Crypto partner Dovey Wan, etc. In addition, former round investor Tony Tao continued to invest more.

According to official news, DAO-as-a-Service infrastructure Dora Factory has completed the acquisition of PentaLaunch. PentaLaunch (curve.auction) is a joint curve auction platform. Project parties can configure curve parameters through a simple interface and create custom curves for token auctions. After this acquisition, PentaLaunch will be used as an independent module, and the original PentaLaunch developers will continue to iterate on the product. PentaLaunch's long-term goal is to help open source developers and decentralized organizations (DAOs) conduct programmable token auctions and fundraising.

global policy

global policy

Question whether the government currently charges income tax on cryptocurrency income, and whether it collects GST from cryptocurrency exchanges. India’s finance minister, Anurag Singh Thakur, stated that since income from any source is included in the Income Tax Act, 1961, and any provision of services (if not expressly exempted) is taxable under the Goods and Services Tax (GST), cryptocurrencies Both trading and services provided by crypto exchanges are taxable. (Financial Express)

Character·Voice

Character·Voice

PlanB: Bitcoin's monthly RSI indicator has not yet reached 95, and it is currently in the early stage of a bull market