headlines
BSC (Binance Smart Chain) announces name change to BNB Chain
secondary title
headlines
BSC (Binance Smart Chain) announces name change to BNB Chain
According to Binance’s official blog, BSC (Binance Smart Chain) will be renamed BNB Chain. This renaming aims to highlight its connection with BNB and the decentralized evolution of the BNB ecosystem, and demonstrate how BNB surpasses the Binance ecosystem in terms of its application scenarios. What remains unchanged is that BNB Chain is still a community-driven, open-source and decentralized ecosystem. BNB Chain aims to become an infrastructure provider for the virtual world economic system by developing the MetaFi concept.
Fidelity Physical Bitcoin ETP (FBTC) Listed on Deutsche Exchange and Frankfurt Stock Exchange
Singapore state investment fund Temasek has sold its stake in cryptocurrency exchange Coinbase (COIN), according to a new filing with the U.S. Securities and Exchange Commission (SEC). In a third-quarter filing last year, the fund listed ownership of 8,168 shares of Coinbase stock worth about $2.1 million, but a fourth-quarter filing showed no Coinbase holdings. As of the end of 2021, Temasek's total investment portfolio is worth US$301 billion.
cryptocurrency
secondary title
cryptocurrency
Sushiswap officially tweeted that Sushiswap has launched a free limit order function on Ethereum and Polygon, allowing users to buy or sell at a specific price point without continuously monitoring the market.
Sushiswap Launches Free Limit Order Feature
Sushiswap officially tweeted that Sushiswap has launched a free limit order function on Ethereum and Polygon, allowing users to buy or sell at a specific price point without continuously monitoring the market.
Decentralized trading protocol 0x new proposal proposes to add NFT order function
The decentralized trading protocol 0x launched a new proposal vote, and ZEIP-93 proposed to add NFT order function to the 0x V4 protocol. The new function supports users to issue on-chain/off-chain NFT orders, reduces transaction costs by 54%, and supports instant royalties . Once the update is implemented, users will be able to trade ERC-721 or ERC-1155 assets on all 0x supported networks.
Acala Launches Polkadot's Native Stablecoin aUSD
Decentralized trading protocol 0x new proposal proposes to add NFT order function
Acala Launches Polkadot's Native Stablecoin aUSD
The Ethereum Layer 2 expansion program zkSync announced that its official zkSync v1 wallet has integrated Orbiter Finance’s decentralized cross-rollup bridge, and users can transfer assets from the Ethereum mainnet, Polygon and Arbitrum at a lower cost.
zkSync official wallet integrates Orbiter Finance cross-rollup bridge
Livepeer announced the migration of all functions from the Ethereum mainnet to Arbitrum
The decentralized streaming media transmission protocol Livepeer announced the completion of the network upgrade, disabled protocol operations on the Ethereum mainnet, and migrated all functions to the Arbitrum network. Livepeer said that with the rise of Gas fees on the Ethereum mainnet, the high-fee environment makes it difficult for network participants to operate efficiently and profitably. It is reported that any LPT tokens on the Ethereum mainnet need to be bridged to the L2 network in order to interact with the protocol.
The Solana ecological lending project Jet Protocol tweeted that it is preparing for JetDAO/governance and JET airdrop related matters.
Solana Ecological Lending Project Jet Protocol May Announce Matters Related to JetDAO and JET Airdrops
The Solana ecological lending project Jet Protocol tweeted that it is preparing for JetDAO/governance and JET airdrop related matters.
Build Finance encountered a governance attack, the attacker maliciously minted and sold 1.1 million BUILD
The venture capital DAO organization Build Finance tweeted that the project encountered a malicious governance takeover attack. Malicious actors successfully controlled the Build token contract by obtaining enough votes, and then minted 1.1 million BUILD tokens and exhausted the project’s liquidity pool , In addition, all 130,000 METRIC tokens in the DAO treasury were sold. Members of the project team made direct contact with the attackers, but they did not appear to be interested in having a conversation.
Build Finance stated that currently the attacker has full control over the governance contract, minting keys and Treasury. The DAO no longer has control over any part of the critical infrastructure, and officials remind investors not to buy BUILD on any platform.
NFT
Underwear giant Victoria's Secret submits NFT trademark application to the US Patent and Trademark Office
global policy
secondary title
Central Bank of Russia, Finance Ministry Fail to Agree on Cryptocurrency Agreement
The Central Bank of Russia said that 12 banks are willing to test the digital ruble. The Central Bank of Russia and the Russian Ministry of Finance have failed to agree on a cryptocurrency agreement. (Golden Ten)
Canadian crowdfunding platforms and crypto payment providers must register with FINTRAC and report large suspicious transactions
Under the bill, crowdfunding platforms and their associated payment service providers, including cryptocurrencies, must now register with the Financial Transactions and Reports Analysis Center of Canada (FINTRAC). It is unclear whether the emergency bill will have long-term effects on crypto payment providers.
The federal government is expanding anti-money laundering and counter-terrorism financing rules to cover the crowdfunding platforms and payment providers they use, Finance Minister Chrystia Freeland said Monday. "These changes cover all forms of transactions, including digital assets such as cryptocurrencies." Starting Monday, all crowdfunding platforms and related payment providers will also have to report large and suspicious transactions to the country's financial regulator, in line with banks' obligations . (Blockworks)
South Korea's FSS will strengthen the supervision of NFT and Metaverse
South Korea's Financial Supervisory Service (FSS) announced in its annual work plan released on Monday that it will strengthen monitoring of new trading assets, including NFT. The FSS said it will develop countermeasures against factors that harm consumers in the fast-growing digital asset market.
Earlier this month, the FSS said it would step up inspections of IPOs from emerging market companies such as NFTs and metaverses. (Forkast)
Privacy public chain project Aleph Zero announced that it has received strategic investment from RR² Capital
Investment and Financing
Blockchain startup 5ire secures $100 million capital commitment from GEM
5ire, a blockchain startup, announced that it has secured a $100 million capital commitment from GEM Global Yield LLC SCS (GGY) to seek an IPO filing.
In addition, prior to this capital injection, 5ire completed a US$21 million seed round of financing at a valuation of US$110 million, with participation from Alphabit, Marshland Capital, Launchpool Labs, and Moonrock Capital. (Economic Times. India Times)
Blockchain interoperability network Axelar announced the completion of $35 million in financing at a valuation of $1 billion. Investors include Dragonfly Capital, Polychain Capital, North Island Ventures, Rockaway Blockchain Fund, Cygni Capital, Lemniscap, Olive Tree Capital, Blockchain Ventures , Node Capital, angel investors include Waikit Lau and Gokul Rajaram, etc. The project is rolling out its mainnet in stages since late January. It is reported that Axelar is building a decentralized network and tools to connect users, assets and dApps across multiple blockchain ecosystems. The network enables developers to build on the best platform for their needs, while leveraging the Axelar stack to unlock cross-chain composability and liquidity. The Axelar Network consists of protocol suites, tools, and APIs designed to break down barriers to cross-chain communication.
Web3 mobile wallet Rainbow completes $18 million in financing, led by Seven Seven Six
Rainbow, a Web3 mobile wallet start-up company, completed its Series A financing of US$18 million. This round of financing was led by Seven Seven Six, a venture capital firm owned by Reddit co-founder Alexis Ohanian. Other specific financing information has not yet been disclosed.
It is reported that Rainbow is an encryption start-up company building a mobile wallet application, which allows users to interact with decentralized applications on the Ethereum blockchain, and tries to extract as much technical knowledge as possible from the process, allowing purchases or Selling NFTs is as easy as possible, and a public beta of the Rainbow app for Android has recently launched.
According to official news, Animoca Brands announced the launch of its strategic subsidiary Animoca Brands KK (Animoca Brands Japan) in Japan, which completed a 1.1 billion yen (approximately US$10 million) seed round of financing last month, with participation from MCP IPX One Fund and others. Investors in MCP IPX One Fund include Kodansha, West Japan Railway, Sumitomo Mitsui Trust Bank and others. The financing is used to expand the global influence of Japanese IP, including animation, games, art, etc.
Digital Infrastructure Inc, the development company behind the decentralized Internet of Things platform DIMO, announced the completion of $9 million in financing. CoinFund, Variant Fund, Slow Ventures and Table Management participated in this round of financing. Angel investors include former General Motors CEO Rick Wagoner and others. This round of financing will help Digital Infrastructure and its partner companies to open source the core software and launch a software development kit (SDK) for developers to build web applications.
It is reported that DIMO is a decentralized software and hardware Internet of Things (IoT) platform that allows users to create verified vehicle data streams and share them with applications, which allows users to obtain a better service experience. (Coindesk)
Maverick Protocol, a decentralized encryption derivatives agreement, announced the completion of US$8 million in strategic financing. This round of financing was led by Pantera Capital, with Circle Ventures, Altonomy, Coral Ventures, CMT Digital, GoldenTree Asset Management, Gemini Frontier Fund, Spartan Group, LedgerPrime, Jump Crypto, Taureon and TRON Foundation participated in the vote. It is reported that Maverick Protocol plans to raise funds to launch the main network and expand the underlying protocol in the middle of this year. Joey Krug, co-chief information officer of Pantera Capital, said that Maverick’s license-free protocol has the ability to meet the growing demand for medium-sized cryptocurrency derivatives in the DeFi market. Provide traders with low-slippage services and LPs (liquidity providers) with more capital-efficient pledge services. (Newsbtc)
Hyperspace completes $4.5 million financing, co-led by Dragonfly and Pantera Capital
Solanalysis, an NFT data analysis website on the Solana chain, announced the completion of a $4.5 million seed round of financing and changed its name to Hyperspace. This round of financing was jointly led by Dragonfly and Pantera Capital, with Jump Capital, Solana Capital, NFX, Galaxy Digital, Shima Capital, Coinbase Ventures, Sfermion, 6th Man Ventures, Soma Capital, Social Capital and Folius Ventures participated. It is reported that this financing was carried out a few months ago, but it was not made public until recently. Hyperspace plans to build an NFT transaction aggregator to help users purchase NFTs in the NFT market on the mainstream Solana chain, and all transaction price information can be browsed and accessed in one place.
AlgoTrader, a provider of encrypted quantitative trading platform, completed the Pre-B round of financing of US$4.5 million, led by Credit Suisse Entrepreneur Capital and C3 EOS VC Fund, and participated by SBI Investment, Fenbushi Capital, Verve Ventures, Quonota Investments, NeueCapital, etc. (PR News Wire)
Fayre, the NFT market, completed $3.8 million in private equity financing, with participation from Outlier Ventures, Protocol Labs, Titans Ventures, China Polka, BMW Capital, and Dutch Crypto Investors. (Globe News Wire)
NFT ID universal identity protocol Skill Wallet completed US$1.65 million in financing. This round of financing was led by Third Kind Venture Capital (3kvc), with participation from Graph Ventures, Youbi Capital, ConsenSys, Protocol Labs, Fenbushi Capital, HashKey, Eniac Ventures, and Pareto Holdings. Angel investors include Behance founder Scott Belsky and others.
It is reported that SkillWallet is the first protocol to achieve permissionless and universal identity. It aims to connect individuals with the community and rewards individuals based on their participation. By sharing a collective, decentralized identity verification system, DAOs will help DAO members build identity LEGOs in a more secure, community-owned, and financially sustainable way. (Distributed capital official account)
Manta Network Receives Strategic Investment from Binance Labs to Jointly Promote Web3 Privacy
According to official news, Web3 privacy protection protocol Manta Network announced that it has received strategic investment from venture capital and innovation incubator Binance Labs. It is reported that the layer1 network built by Manta Network uses zkSNARK (zero-knowledge proof) to protect the privacy of assets on the chain. Based on the Substrate framework, Manta can make other parachain assets private through the interoperability of Polkadot and Kusama networks.
Aleph Zero, a privacy public chain project, announced that it has received strategic investment from RR² Capital. The specific investment amount has not yet been disclosed. (NewsBTC)
PlayDapp Announces Strategic Investment in LandFi Metaverse Project Klay City
DApp game portal PlayDapp announced a strategic investment in the LandFi metaverse project KlayCity. The two parties plan to conduct all-round cooperation in the metaverse and blockchain business, using NFT centered on the LandFi metaverse and the PlayDapp NFT market. Previously, Kakao's blockchain investment subsidiary "Crust" and Hong Kong's well-known chain game company "Animoca Brands" have invested in the project.
PlayDapp Announces Strategic Investment in LandFi Metaverse Project Klay City
DApp game portal PlayDapp announced a strategic investment in the LandFi metaverse project KlayCity. The two parties plan to conduct all-round cooperation in the metaverse and blockchain business, using NFT centered on the LandFi metaverse and the PlayDapp NFT market. Previously, Kakao's blockchain investment subsidiary "Crust" and Hong Kong's well-known chain game company "Animoca Brands" have invested in the project.
The virtual human ecological company "Next Generation Culture" has completed the A3 round of financing exclusively invested by Sequoia China. The founder Chen Yan said that this round of financing will be used to continuously improve the team, create more new virtual human IPs, and improve the company's existing The virtual human product matrix has been fully upgraded to explore more application possibilities of intelligence and scenarios.
Binance Labs announced the fourth season of its incubation plan, which is mainly for the most promising blockchain projects, founders and BUIDLers in the world. Applications are now open until 23:59 UTC on February 28.
character * voice
secondary title
character * voice
Reserve Bank of India Deputy Governor: Banning Cryptocurrencies May Be the Smartest Option for India
Reserve Bank of India (RBI) Deputy Governor Rabi Sankar compared cryptocurrencies to Ponzi schemes in a Feb. 14 keynote speech, saying that banning cryptocurrencies rather than regulating them would be the “smartest option” for the Indian government. ". He said, “Cryptocurrencies cannot be defined as money, assets or commodities. Cryptocurrencies are not currencies, nor are they financial assets or real assets, not even digital assets. Therefore, cryptocurrencies cannot be regulated by any financial sector regulator. It is impossible to regulate.” Something that cannot be defined."
Rabi Sankar also noted that allowing cryptocurrencies to exist in an ecosystem dominated by fiat currencies “is bound to have destabilizing effects on a country’s monetary and fiscal stability.” (Cointelegraph)
French Presidential Candidate: We Must Support the Cryptocurrency Ecosystem
French presidential candidate Eric Zemmour tweeted that he had visited Ledger, the leader in French encrypted asset security, and decided that he must support the cryptocurrency ecosystem and make relevant recommendations:
1. Allow crypto asset holders to reduce taxes by reinvesting their earnings in the real economy.
3. According to the specific conditions of the underlying assets, set up a special tax system for NFT transfers, especially NFT transfers are no longer subject to digital asset value-added tax.
IOS
Android