| The total lock-up volume of the DeFi ecosystem exceeded 100 billion U.S. dollars for the first time; more than ten financing incidents were disclosed in a single day (April 8)

Odaily资深作者

2021-04-08 00:01

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According to Wikipedia, a TVL of $100 billion is equivalent to the 40th largest bank in the US (ranked by assets), between Silicon Valley Bank ($97 billion in assets) and BBVA USA ($103 billion).

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According to Wikipedia, a TVL of $100 billion is equivalent to the 40th largest bank in the US (ranked by assets), between Silicon Valley Bank ($97 billion in assets) and BBVA USA ($103 billion).

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The Polkadot experimental network Kusama has launched a parachain auction introduction page, covering the process and FAQ

Polkadot’s experimental network Kusama has launched the parachain auction introduction page, explaining in detail what Kusama’s parachain auction is, how to participate and more frequently asked questions (FAQ). Kusama's parachain auction mechanism will be divided into 5 parts: the team first uploads their parachain code and related parameters, bidding can be opened during the auction, the precise time of the end of the auction is determined by VRF (Verifiable Random Function), and the bidding of the successful team KSM will be locked (later unlockable), and the lease period can be extended through another auction when the parachain lease ends.

Coinbase’s total revenue in the first quarter was $1.8 billion, and monthly users increased by 117% quarter-on-quarter

According to the performance forecast report for the first quarter of 2021 released by the cryptocurrency exchange Coinbase on Tuesday, Coinbase's monthly trading users (MTU) are expected to increase by 117% month-on-month, from 2.8 million in the fourth quarter of 2020 to 2.8 million in the first quarter of 2021. 6.1 million. Authenticated users, the total number of people with a Coinbase account, rose to 56 million from 43 million at the end of 2020. Total revenue for the quarter was US$1.8 billion, net income was approximately US$730 million to US$800 million, and adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) were approximately US$1.1 billion; transaction volume was US$335 billion. In the first quarter, assets on the platform increased from US$90 billion to US$223 billion, an increase of nearly 150% quarter-on-quarter; it accounted for 11.3% of the encrypted digital currency market. (CoinDesk)

Ebang International responds to the short-selling report: the board of directors and its audit committee will review allegations and false information

The blockchain technology company EBON International (EBON.US) responded to a reporter from the Science and Technology Innovation Board Daily that the Hindenburg research report contained many errors, speculations without evidence, and inaccurate interpretations of events. The company's board of directors was also aware of the incident reported by Hindenburg. The board of directors and its audit committee will further examine these allegations and false information, and will take all necessary and appropriate actions to protect the interests of shareholders. On the evening of April 6, the short-selling agency Hindenburg Research (Hindenburg Research) published a short-selling report against Ebang International, saying that the latter was suspected of insider trading and illegal transfer of funds. Affected by this, the stock of Ebang International Co. It closed down 12.91%. (Science and Technology Innovation Board Daily)

According to Intellectual Property Finance reports, Bitmain Technology Co., Ltd. (abbreviated as Bitmain Company) is founded by Yang Zuoxing and Shenzhen Bit Microelectronics Technology Co., Ltd. (abbreviated as Bit Micro Electronics Technology Co., Ltd.), Shenzhen Bit Micro As the defendant, the company (abbreviated as MicroBT Beijing Company) filed a lawsuit for infringement of trade secrets with the Beijing Intellectual Property Court, with the subject matter of the lawsuit amounting to 99 million yuan. It is understood that the Beijing Intellectual Property Court has formally accepted the case.

digital currency

People familiar with the matter: Millennium Management, a hedge fund with a management scale of US$48.3 billion, holds GBTC

According to two people familiar with the matter, Millennium Management, a multi-strategy hedge fund with an asset management scale of US$48.3 billion, bought Grayscale’s GBTC. It is not yet clear what share it holds, and Millennium declined to comment. Although GBTC has continued to have a negative premium recently, it is unclear whether Millennium has suffered losses. The firm's flagship hedge fund strategy rose 2.2 percent in February, bringing the firm's year-to-date return to 2.8 percent, one of the sources said. According to reports, Millennium appears to be the largest asset management company to purchase GBTC so far. (The Street)

Judge Grants Ripple's Motion to Compel SEC to Provide Documents Related to Bitcoin and Ethereum
According to previous news, Ripple filed a motion on March 15 accusing the SEC of concealing evidence. Ripple claims that the US SEC has not provided any documents other than those chosen by the regulator. Ripple wanted the SEC to provide documents related to Bitcoin and Ethereum, which at the time the SEC claimed were irrelevant to the case. (U. today)

Balancer responded "planning to expand on Algorand": did not participate in the project construction, still committed to launching Balancer V2

Gnosis launches auction platform Gnosis Auction

Acala is building Compound cross-chain interface Starport

Acala will integrate with the Compound chain and implement its cross-chain interface Starport, and connect Compound Gateway's cross-chain currency market with Polkadot through Acala. It is reported that Compound recently launched the Compound Gateway test network, which is a cross-chain currency market built with Substrate, and Acala has received $35,000 in funding from Compound.

Gnosis launches auction platform Gnosis Auction

Gnosis, the DeFi tool development team, announced that the auction platform Gnosis Auction has been launched on the Ethereum mainnet and the Ethereum sidechain xDai. Auction sales can be initiated directly using the Gnosis Auction Starter safe app, supported by the Gnosis Safe Multisig team with a suite of funding and token management tools.

Layer 1 blockchain Celo has integrated Web 3.0 analysis and query platform The Graph

The Graph, a Web 3.0 analysis and query platform, announced that The Graph Foundation has completed the expansion of Celo, a Layer 1 blockchain, and can now provide indexing and query support for the Celo community. Additionally, the Celo Foundation has pledged $150,000 in grants to developers building subgraphs on the Celo blockchain. The Graph officially stated that the Celo blockchain has officially integrated The Graph, and The Graph's hosting service has added Celo support.

The DeFi quantitative hedge fund Force DAO updated the progress of the previous attack and said that it plans to launch a new FORCE token on April 20, and is currently conducting two audits on the new FORCE contract and product. At the same time, Force DAO announced compensation measures. It will take a snapshot at block height 12171679 (UTC time 07:06:58 on April 4th), and will continue to airdrop new tokens at a ratio of 1:1 to users who have not claimed the airdrop before. Users who participate in the public beta and Lightspeed will receive a 10% reward; in addition, for SushiSwap and UniSwap LP, except for the 45 ETH that has been recovered from the hacker address, the remaining about 75% of the loss will be airdropped in the form of new FORCE tokens Make compensation. The airdrop ratio for users who take advantage of the hacking incident for arbitrage and suffer losses (panic selling or continued holding) is 1.5:1. The initial price will be set at 1 ETH=3000 FORCE.

Blockchain industry

The Ministry of Education issued the "Catalogue of Vocational Education Majors (2021)", and newly established a blockchain technology application major

News Recently, in order to strengthen the construction of the national teaching standard system for vocational education, implement the dynamic update requirements for vocational education majors, and promote professional upgrading and digital transformation, the Ministry of Education issued the "Vocational Education Professional Catalog (2021)", with a total of 19 major categories , 97 professional categories, 1349 majors. Among them, for the new profession of blockchain engineering and technical personnel, a blockchain technology application major is designed.

Encrypted digital currency company Paxos said that the company will apply to the US Securities and Exchange Commission (SEC) for a formal clearing house license. According to previous reports, Credit Suisse and Nomura's Instinet conducted a test of the same day trading settlement of US stocks through the company's platform. (Reuters)

The NBA Heat officially announced that FTX.us will be the exclusive sponsor of the Miami Heat's main stadium

At 9:40 p.m. on April 7, Beijing time, the NBA Heat officially announced that FTX.us will be the exclusive naming rights of the Miami Heat's main stadium for the next 19 years, ending American Airlines' 20-year exclusive naming rights to the stadium. At that time, the main stadium of the Miami Heat will be named FTX Stadium (FTX Arena).

Listed mining company Riot Blockchain purchased 42,000 S19j Antminers for $138.5 million

U.S.-listed mining company Riot Blockchain, Inc. (NASDAQ: RIOT) announced a purchase contract to purchase 42,000 S19j Antminers from Bitmain for $138.5 million. The company said that after all deployments in 2022, Riot will have about 81,150 Antminers, 95% of which will be the latest generation of S19 series models, with a total computing power of 7.7 EH/s. (Globe Newswire)

The American entertainment magazine "Playboy" announced the opening of an online art gallery in the form of NFT. To this end, it has partnered with Nifty Gateway, an Ethereum-based NFT platform. It will feature a collection of art and photography spanning nearly 70 years. Its first collaborative artist is slimesunday. (U. today)

American Playboy magazine opens NFT gallery on Nifty Gateway platform

Investment and Financing

Fintech startup Plaid announced the completion of $425 million in Series D financing, with a post-money valuation of $13.4 billion. Altimeter Capital Management led the round. New investors include Silver Lake Partners and Ribbit Capital. Existing investors Andreessen Horowitz, Index Ventures, Kleiner Perkins, New Enterprise Associates, Spark Capital and Thrive Capital also participated in the round. Visa backed away from buying Plaid in January, and Plaid's valuation soared in the ensuing months.

Coin98 Finance Receives USD 4 Million Investment from Alameda Research

Vietnamese cryptocurrency company Coin98 Finance has received $4 million from Alameda Research. According to reports, Coin98 Finance is a team that is building a set of DeFi products in Vietnam. Its venture arm, Coin98 Ventures, runs the country’s largest cryptocurrency fund, which also co-manages the Solana Ecosystem Fund with the Solana Foundation. (Forbes)

Refinable completes USD 3 million private placement financing, Binance, Mr. Beast and others participated in the investment

Refinable, an integrated NFT market based on BSC, announced the completion of a $3 million private placement financing, with participation from Binance, Mr. Beast and others. Note: Mr. Beast is a famous YouTube blogger with more than 10 million followers on Twitter. Refinable plans to use the financing to fund future growth of its platform and focus on growing its internal team and attracting more talent. This will also allow Refinable to participate in research and development while expanding the platform. With the private placement financing complete, Refinable will now focus on conducting the public sale and then going live on the mainnet. (Cointelegraph)

DeFi community feedback project Kianite completes $1.5 million private placement round led by Spark Digital Capital

Yellow Road, a BSC-based user-friendly IDO platform, announced the completion of a $500,000 private sale of ROAD tokens. Participating institutions include Genesis Block, AU21 Capital, Momentum 6, Phoenix VC, Hybrid Ventures, Titans Ventures, Blocksync Ventures, and SMO Capital. The private sale was oversubscribed more than 32 times, and Yellow Road promised to use the funds for development to ensure that cryptocurrency and blockchain projects based on Binance Smart Chain (BSC) can get the most benefits; they will also work hard to expand the community so that it Access to high-quality BSC projects. Yellow Road will be announcing details about the IDO, new partnerships and launch soon.

Digital asset bookkeeping tool Cryptio raises $1.2 million led by Draper Associates

Cryptio, a digital asset accounting tool, announced the completion of a $1.2 million seed round of financing, led by Tim Draper’s cryptocurrency fund Draper Associates. Other investors included Consensys, Outlier Ventures, tani Kulechov (Aave), Julien Bouteloup (Stake Capital), Rumi Morales (Chamber of Digital Commerce), Thibault Chassagne (Virtuo), SGH Capital (Fluid Fund), l'Ecole Polytechnique, etc.

IDO Platform Yellow Road Completed $500,000 Private Sale of Tokens, AU21 Capital and Others Participated

High-frequency trading company Jump Trading strategically invested in the blockchain sports platform Chiliz, with an undisclosed amount

Black Hole Protocol, a permissionless cross-chain burning agreement, completes strategic financing

Black Hole Protocol, a permissionless cross-chain burning agreement, announced on Twitter that it has completed strategic financing, with nine institutional seed rounds led by NGC Ventures, AU21 Capital, X21 Digital, Power Law Capital, ShinChan, Oasis Capital, Crypto Times, 0xAlpha, and BigCoin Capital joint investment.

On April 7th, the computing power standardization mining platform BitForeign received a strategic investment from Bitmain. After obtaining the investment, BTTF's supply chain will be further optimized, funds and resources will be further improved, and its users will receive more reliable services.

BitForex received strategic investment from Bitmain and gave new users free computing power

Evanesco, a new privacy financial protocol project, started financing, with BlockArk, LD Capital and others participating

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