| Ukraine decided to cancel the airdrop; Evmos announced the official launch of the mainnet (March 4)

Azuma

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@azuma_eth

2022-03-04 00:29

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Meanwhile, Ukraine said it would soon release NFTs in support of the Ukrainian Armed Forces.

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Meanwhile, Ukraine said it would soon release NFTs in support of the Ukrainian Armed Forces.

headlines

Deputy Prime Minister of Ukraine: After careful consideration, it was decided to cancel the airdrop

Ukrainian Deputy Prime Minister Mykhailo Fedorov tweeted that after careful consideration, we have decided to cancel the airdrop. Every day more and more people are willing to help Ukraine fight back against aggression. Instead, we will soon release NFTs in support of the Ukrainian Armed Forces. We do not have any plans to issue fungible tokens.

WARNING: $WORLD IS NOT THE OFFICIAL AIRDROP TOKEN OF UKRAINE

News $WORLD is not the official Ukrainian airdrop token. Etherscan has flagged as “suspicious” a contract using the Ukrainian government’s Ethereum donation address to airdrop tokens. The Etherscan page shows that this token was misleadingly used to make users believe that it was sent from a well-known address, which is prone to fraud or phishing.

According to previous CoinDesk reports, Ukraine’s official crypto wallet has begun airdropping the token WORLD.

Evmos, the Cosmos EVM network, announced the official launch of the mainnet. Ethereum user airdrop claims will open tomorrow. As the IBC certification news is still being processed, it will take longer for Cosmos Hub/Osmosis users to claim airdrops.

cryptocurrency

Canaan Announces 2021 Q4 Financial Report: Total Revenue Reaches US$340 Million, Up 5636% YoY
Mining machine manufacturer Canaan officially released its financial report for the fourth quarter of 2021. The financial report shows that the total revenue for the quarter was 2.1846 billion yuan (US$342.8 million), an increase of 5611.9% year-on-year in the fourth quarter of 2020; the net profit was 1.1965 billion yuan yuan (US$187.8 million), compared with a net loss of RMB72 million for the same period in 2020.

For the whole year, the total computing power sold by Canaan Zhizhi in 2021 will be 22.342 million Thash/s, a year-on-year increase of 238.5% from 6.6 million Thash/s in 2020, and the total revenue will increase from RMB 447.7 million in 2020 to RMB 4.9867 billion yuan (US$782.5 million), with a net profit of 2.0003 billion yuan (US$313.9 million). As of December 31, 2021, the company had cash and cash equivalents of RMB 2,684.3 million (US$421.2 million) and held 70.5 bitcoins with a book value of RMB 20.3 million (US$3.2 million). Canaan expects total net revenue in the first quarter of 2022 to be between RMB 1.5 billion and RMB 1.6 billion, a year-on-year increase of 275%-300%.

Charles Schwab may launch an encrypted ETF "Schwab Crypto Economy ETF"
The asset management division of fund giant Charles Schwab is seeking to launch an encrypted ETF. The proposed encrypted ETF is called "Schwab Crypto Economy ETF", which mainly provides investment in companies involved in digital assets and business activities related to blockchain technology. exposure.
The ETF plans to invest at least 80% of its net assets in stocks in the Schwab Crypto Economy Index, but the official did not clearly list the specific stock names and codes, nor did it disclose fee rate information, and it will not invest directly in digital assets.

Previously, it was reported at the end of January that Charles Schwab was considering applying for a bitcoin and encrypted spot ETF. (Blockworks)

Japanese financial giant Nomura to set up unit focused on cryptocurrencies
Nomura Holdings, one of Japan's largest wealth managers, said in a press release that it will reorganize its Future Innovation Company into a newly formed Digital Company starting next month. The main goal of the new company is to increase the adoption of digital assets while providing related services to clients.
Digital assets such as cryptocurrencies, security tokens and NFTs are becoming a new asset class, according to Nomura Holdings. The convergence of innovations derived from distributed ledger technology and traditional finance is giving rise to a range of new services.

It is reported that Nomura manages assets worth about 74 trillion yen ($641 billion). It will also promote digital adoption across all its subsidiaries, the company said. (Coin Gape)

ConsenSys AG shareholders launch multibillion-dollar audit to investigate alleged breaches
ConsenSys AG, also known as Mesh, is facing an audit driven by 35 former employees. The former employees allege that underlying intellectual property and subsidiaries were illegally transferred from ConsenSys AG (CAG) to a new entity, ConsenSys Software Incorporated (CSI), and used for fundraising. They also said the deal would benefit CAG's minority shareholders but benefit founder Joseph Lubin.

A spokesperson for ConsenSys AG said: "Mesh refutes the allegations behind the legal action and contained in a press release written by one of the ex-employees himself and which does not correspond to the facts. Mesh looks forward to formally refuting these allegations in the Swiss courts. "The company announced in November 2021 that it had raised $200 million at a valuation of $3.2 billion. (The Block)

Multichain and the NEAR agreement have reached a cross-chain cooperation, and will work together to promote the development of multi-chain ecology
There is a loophole in the Treasure NFT market, and the team is fixing it

There is a loophole in the Treasure NFT market, and the team is fixing it

Treasure DAO co-founder John Patten confirmed on Twitter on the evening of March 2 that there was a loophole in the Arbitrum-based Treasure NFT market. The project team is currently fixing the loophole and promised to provide solutions to affected users.

Afterwards, the TreasureDAO team announced in its Discord that the Treasure NFT trading market has frozen transactions. The team is now comprehensively reviewing the code and starting to fix the loopholes. After the bugs are completely fixed, the trading market will be re-deployed and launched. For the lost users, the team is studying various compensation plans, and the final plan will be decided by the community vote.

Evmos AMM Project Diffusion Finance Announces Airdrop Details
The Evmos AMM project Diffusion Finance released the details of the airdrop. Users who meet the following conditions will receive the airdrop:
1. 5 million DIFF will be airdropped to the Uniswap community. Users who have at least 401 UNI in their wallets on December 31, 2021, and users who have spent at least 1 ETH on Uniswap before December 31, 2021 will be To meet the conditions;
2. 5 million DIFFs will be airdropped to OSMO stakers, specifically the addresses that stake OSMO with Frens or Binary validators, and the last snapshot will be taken on March 3;
3. 10 million DIFF will be airdropped to the Evmos community, 60% of which will be allocated to stakers, and 40% will be allocated to Evmos LP on Osmosis;
4. 5 million DIFFs will be allocated to LPs that provide liquidity on Diffusion for at least 30 days, and 1 million DIFFs will be allocated to early traders.

5. Diffusion will also issue airdrops to Juno stakers, and snapshots will be taken continuously in the next 2 weeks.

Global music brand Billboard and Universal Music Group (Universal Music Group) are cooperating to launch ChartStars, an NFT project based on the Flow blockchain.

GameFi and NFTs

Billboard Partners with Universal Music Group to Launch Flow Blockchain-Based NFT Project ChartStars

Global music brand Billboard and Universal Music Group (Universal Music Group) are cooperating to launch ChartStars, an NFT project based on the Flow blockchain.
This is Billboard's first scalable NFT project for music lovers. The digital collectible collection will include digital artwork celebrating the achievements and milestones of Billboard Charts. These works are officially licensed and include short video clips from music videos and album photos.
This is Billboard's first scalable NFT project for music lovers. The digital collectible collection will include digital artwork celebrating the achievements and milestones of Billboard Charts. These works are officially licensed and include short video clips from music videos and album photos.

Crypto startup Unblocked also participated in the project. The company raised $90 million in funding earlier this year, with participation from Jay-Z, Tiger Global, and Flow developer Dapper Labs, among others. (The Block)

Japanese financial giant Mitsubishi UFJ Financial Group (MUFG) is working with Animoca Brands to consider supporting businesses such as NFT issuance and electronic market operations. It is said that this is the first time that a Japanese bank has participated in NFT-related business. MUFG believes that, as a financial institution, it is able to apply its experience and knowledge to NFT transactions. (CoinPost)

Ukrainian flag NFT sold for 2,258 ETH, worth about $6.75 million

Ukrainian flag NFT sold for 2,258 ETH, worth about $6.75 million
On Wednesday, the Ukrainian flag NFT was sold for 2,258 ETH (approximately $6.75 million), with the proceeds going to Come Back Alive, an organization that donates supplies to Ukrainian civilians and military.
secondary title

Azuki may soon enter the Coinbase NFT market as a Launch Partner

The Coinbase NFT market stated on Twitter that it has witnessed the "rise" of the NFT project Azuki and is considering logging it on the platform as a Launch Partner.

Industrial blockchain

Investment and Financing

Cryptocurrency investment platform Zignaly completes $50 million in financing

Cryptocurrency investment platform Zignaly has signed a financing agreement worth up to $50 million with GEM Global Yield LLC SCS, a fund of Luxembourg-based alternative investment group Global Emerging Markets (GEM).
Zignaly CEO Bartolome Bordallo said in the press release, "The funds raised will be used to promote the company's important new product development and global application of the Zignaly platform, which provides actively managed investment services, and users can invest in expert-level cryptocurrency trading. staff and manage fund investments. Investors only pay fees if they make a profit.”
Additionally, the platform lowers the barriers to entry for investors, while leaving risky trades and decisions to expert traders and funds, the firm said. Zignaly infrastructure supports sales and initial DEX offerings (IDOs) on several blockchains, including Ethereum, Polygon, Solana, Avalanche, and BNB Chain (formerly Binance Smart Chain), among others. The platform is powered by the native ZIG token.

IQ Protocol completes USD 12 million in financing led by Crypto.com Capital and participated by Axia8 Ventures

According to official news, IQ Protocol, a decentralized currency market, completed a $12 million financing led by Crypto.com Capital, Republic Capital, Kronos Research, Axia8 Ventures, Genblock Capital, GSR Markets, Solar Eco Fund, Double Peak Group, DAOSquare, Genesis Block Ventures, MEXC Global, Argo Labs, M77 Ventures and others, as well as Mike Zajko (Coinlist), Richmond Theo (founder of PAXOS), Sandeep Nailwal (founder of Polygon), Sarutobi Sasuke (Yield Guild Games), Waleed Rassuli (Tezos) , Heslin Kim (founder of SupraOracles) and other angel investors participated in the investment.
It is reported that IQ Protocol is a decentralized currency market that provides digital asset leasing and on-chain subscription services. Since announcing the NFT rental feature, IQ Protocol has established partnerships with several GameFi projects, including Nyan Heroes, Battle Saga, Space Sip, Zone of Avoidance, Spark Era, and more. IQT tokens will be issued in the coming months.

It is reported that IQ Protocol is a decentralized currency market that provides digital asset leasing and on-chain subscription services. Since announcing the NFT rental feature, IQ Protocol has established partnerships with several GameFi projects, including Nyan Heroes, Battle Saga, Space Sip, Zone of Avoidance, Spark Era, and more. IQT tokens will be issued in the coming months.

Encrypted investment institution Arcanum Capital completed the first fundraising of 12 million US dollars, Polygon Lianchuang participated in the investment
According to official news, P2E game Nifty League announced the completion of a US$5 million seed round of financing, led by RSE Ventures, Lerer Hippeau, Spartan Group, VaynerFund, Avocado Guild, EVOS Gaming, Private Ventures Group, Advancit W3, TEOH Capital, 3SE Holdings, y2z Ventures, NyanHeroes, DraftKings co-founder Matthew Kalish, Gallery Media Group CEO Ryan Harwood and others participated in the investment. It is reported that the new funds will be used to continue to expand its game products and build the Nifty Metaverse and its developer ecosystem.

NFT infrastructure startup Rarify completes $10 million Series A financing at a $100 million valuation, led by Pantera Capital

NFT infrastructure startup Rarify completed a $10 million Series A financing at a valuation of $100 million, led by Pantera Capital, with participation from Eniac Ventures, Greycroft, Hyper and Slow Ventures. The funding will be used to accelerate the company's hiring and product launches. Rarify currently provides a commercial API infrastructure for marketplaces and applications to build end-to-end NFT experiences.
Pantera partner Paul Veradittakit said the financing will accelerate Rarify’s growth and make NFTs available to the company and to a wider consumer base. (CoinDesk)

Institutional-grade encryption investment intermediary Haruko completes $10 million in seed round financing

Institutional-grade crypto investment intermediary Haruko announced the completion of a $10 million seed round led by Portage Ventures and White Star Capital.
It is reported that Haruko is a company that provides an institutional-level technology layer to connect capital to the blockchain. Crypto markets to interact. (Prnewswire)[

Web3 virtual pet game Tiny Rebel Games completes $7 million in financing led by Fabric Ventures

Web3 virtual pet game Tiny Rebel Games announced the completion of $7 million in financing, led by Fabric Ventures, Animoca Brands, Dapper Labs, SkyVision Capital, CMT Digital, Sfermion, Spin Master, Fenbushi Capital, a41 Ventures, Fourth Revolution Capital, 6th Man Ventures, ReadyPlayerDAO, Double Peak Group, Pirata Capital Management, Triangle Capital, etc. participated in the investment, and angel investors included Kristian Segerstrale, Executive Vice President of EA.
It is reported that the Web3 virtual pet game Tiny Rebel Games is produced by Petaverse Network. This round of financing will be used to accelerate its pet metaverse "Petaverse" plan, support more types of digital pets, establish more brand partnerships, and create more Good gaming experience.

P2E Game Nifty League Completes $5 Million Seed Round Led by RSE Ventures

According to official news, P2E game Nifty League announced the completion of a US$5 million seed round of financing, led by RSE Ventures, Lerer Hippeau, Spartan Group, VaynerFund, Avocado Guild, EVOS Gaming, Private Ventures Group, Advancit W3, TEOH Capital, 3SE Holdings, y2z Ventures, NyanHeroes, DraftKings co-founder Matthew Kalish, Gallery Media Group CEO Ryan Harwood and others participated in the investment. It is reported that the new funds will be used to continue to expand its game products and build the Nifty Metaverse and its developer ecosystem.

IBC Infrastructure Provider Polymer Labs Closes $3.6M Seed Round Led by Distributed Global and North Island Ventures

IBC Infrastructure Provider Polymer Labs Closes $3.6M Seed Round Led by Distributed Global and North Island Ventures
AlgoDAO is a decentralized primary market infrastructure and Web3 accelerator in the Algorand ecosystem, dedicated to incubating, launching, accelerating and collectively investing in high-quality projects based on Algorand.
Polymer Labs is still in its early stages and has yet to issue a token, but development will eventually be managed by PolymerDAO. According to the company’s press release, PolymerDAO will be the first DAO focused on IBC infrastructure. (CoinDesk)

Blockdaemon and Boldstart Ventures Strategically Invest in Liquid Staking Protocol StakeWise

Blockchain infrastructure company Blockdaemon announced that the Ethereum 2.0 pledge protocol StakeWise has received strategic investment from Blockdaemon and Boldstart Ventures.
Blockdaemon and StakeWise will jointly provide staking solutions for financial institutions and large technology companies. Blockdaemon's partnership with StakeWise will create a KYC-based liquid staking solution for institutional clients. (Businesswire)

Algorand Foundation joins AlgoDAO's seed round financing as a strategic investor

According to official news, AlgoDAO announced that the Algorand Foundation has joined its seed round of financing as a strategic investor.
AlgoDAO is a decentralized primary market infrastructure and Web3 accelerator in the Algorand ecosystem, dedicated to incubating, launching, accelerating and collectively investing in high-quality projects based on Algorand.

global policy

French Finance Minister Bruno le Maire said EU finance ministers agreed to tighten sanctions against Russia, which would include cryptocurrencies. There is a large consensus among EU leaders that cryptocurrencies cannot be ignored and should not be a loophole when it comes to sanctioning Russia. (Reuters)

character * voice

People familiar with the matter: the US SEC is reviewing the NFT market for illegal encrypted token issuance
The U.S. Securities and Exchange Commission (SEC) is reviewing NFT creators and cryptocurrency trading platforms to determine whether some assets violate the agency’s rules, according to people familiar with the matter.
One focus of the investigation is to determine whether certain NFTs are being used to raise funds in the same way traditional securities are, the people said. Lawyers for the SEC’s Enforcement Division have issued subpoenas for information on token offerings over the past few months.

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