| Coinbase Launches Base Testnet of Ethereum L2 Network Based on OP Stack; Binance Responds to "Close Positions of Australian Users" (February 24)

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Coinbase Launches Base Testnet of Ethereum L2 Network Based on OP Stack
In response to today's online report that "Australian user contract positions have been closed", Binance responded that this was due to some accounts being misclassified. Binance said that after reviewing the account opening process for Binance Australia derivatives, it found that some users were classified as professional investors. As such, we've notified those users who may have been affected to make sure the process goes as smoothly as possible. Binance Australia's derivatives business is working on a compensation plan. Earlier today, some Australian users reported that they received a reminder to close their Binance derivatives positions and accounts immediately unless they proved that they were wholesale customers.
cryptocurrency
The suspected V God address transferred 5000 ETH to a giant whale address
Huawei released a Defactor promotional video, and FACTR rose 230% in 24 hours
On-chain analyst Lookonchain disclosed that a suspected "V God" Vitalik Buterin's "0x D 04 daa" address transferred 5,000 ETH (worth about $8.32 million) to the "0x 93927 c" giant whale address two hours ago. The data on the chain shows that this suspected "V God" address transferred a total of 14,300 ETH to the "0x 93927 c" giant whale address. Currently, the giant whale address already holds 50,001 ETH, worth up to 83.2 million US dollars.
Huawei released a Defactor promotional video, and FACTR rose 230% in 24 hours
Huawei released a Defactor promotional video on its official day, and FACTR rose by 230% in 24 hours. According to reports, the Defactor platform aims to enable traditional enterprises to obtain DeFi liquidity and finance real-world assets. Defactor is focused on using blockchain technology to improve current factoring, trade finance and inventory finance systems.
SEC Opposes Binance.US's $1 Billion Acquisition of Voyager, Alleges Sale of Unregistered Securities
Binance.US' $1.02 billion deal to acquire the assets of defunct crypto lender Voyager has faced opposition from New York and federal financial regulators.
The New York State Department of Financial Services (NYDFS) and Attorney General Letitia James also opposed the deal in two filings dated Feb. 22, including allegations that Voyager was illegally serving customers in the state. (CoinDesk)
Collab.Land: Token claim will start on February 23 at 6:00 PM (MT)
According to the official Twitter, the Discord extension application plugin Collab.Land announced that the token claim will start at 6:00 pm (MT) on February 23 and end on May 23, 2023. Collab.Land reminds that this claim is only available on its official website, no wallet connection, no message signing, no gas, users should prevent fraudulent links.
$1.85 billion BTC and $870 million ETH option contracts will expire on February 24
A collection of precious NFTs purchased by Three Arrows Capital (3AC) will soon be sold. 3AC’s liquidator, Teneo, had notified interested parties of the sale on February 22, a document showed. Christopher Farmer, Teneo’s senior managing director, said the sale “was to realize the value of the NFT for liquidation purposes,” adding that it was expected to begin within 28 days of the notification. The NFTs for sale include a dozen CryptoPunks, 30 Tyler Hobbs’ Fidenzas, and 17 Dmitri Cherniak’s Ringers, among others. Estimated at approximately $6.4 million based on the floor price. (The Block)
Project News
The Ethereum Foundation announced the recipient projects and distribution information in the fourth quarter of 2022. The total amount of grants distributed in the fourth quarter is: 4,370,418.16 US dollars. The awarded projects involve community and education, consensus layer, cryptography and zero-knowledge Proof, Developer Experience and Tools, General Research, Indirect Funding, Layer 2, Protocol Growth and Support, User Experience, etc. Granted projects include WTF Academy, Uncloak, etc.
Optimism's positioning is upgraded, and part of Base's revenue will be included in the OP treasury
The Ethereum Foundation announced the recipient projects and distribution information in the fourth quarter of 2022. The total amount of grants distributed in the fourth quarter is: 4,370,418.16 US dollars. The awarded projects involve community and education, consensus layer, cryptography and zero-knowledge Proof, Developer Experience and Tools, General Research, Indirect Funding, Layer 2, Protocol Growth and Support, User Experience, etc. Granted projects include WTF Academy, Uncloak, etc.
Optimism's positioning is upgraded, and part of Base's revenue will be included in the OP treasury
Audius, the Web3 music platform, announced that it will be integrated into TikTok, the "overseas version of Douyin". Users can use their TikTok profiles to sign up for Audius and use their songs in videos on the social media platform. Perhaps affected by this news, the price of AUDIO has risen, currently rising to $0.348071, an increase of 13.5%. (CoinDesk)
Investment and Financing
Social app Towns completes $25.5 million Series A round led by A16z
Investment and Financing
Social app Towns completes $25.5 million Series A round led by A16z
BCB Group is raising more than US$20 million in Series B financing, with a pre-money valuation of up to US$200 million
Hardware wallet OneKey completes A+ round of financing with a valuation of US$85 million, led by IOSG Ventures
Hardware wallet company OneKey announced the completion of its A+ round of financing at a valuation of US$85 million, led by IOSG Ventures. Previously, on September 28, 2022, hardware wallet company OneKey completed a US$20 million Series A financing led by Dragonfly and Ribbit Capital.
Galaxy Digital completes acquisition of self-hosted platform GK 8 for $44 million
Blockchain Chip Startup Chain Reaction Completes $70M Funding Led by Morgan Creek Digital
Blockchain Chip Startup Chain Reaction Completes $70M Funding Led by Morgan Creek Digital
NFT game Worldwide Webb receives $10 million investment from Pantera Capital
NFT game Worldwide Webb receives $10 million investment from Pantera Capital
GameFi team iBLOXX completes $5 million in financing led by PrimeXM
GameFi team iBLOXX completes $5 million in financing led by PrimeXM
DeFi Yield Protocol Affine Completes $5.1 Million in Funding Led by Jump Crypto and Hack VC
DeFi Yield Protocol Affine Completes $5.1 Million in Funding Led by Jump Crypto and Hack VC
Privacy tech startup Beldex lands $25 million from DWF Labs
Privacy technology startup Beldex has completed $25 million in financing, and DWF Labs, a digital asset market maker and investment institution, has invested and established a partnership with it. The funds will help drive research and development for the Beldex ecosystem, with DWF acting as an advisor and helping with marketing. The Beldex ecosystem includes the private messaging app BChat, the decentralized virtual private network (VPN) BelNet, the Web3 browser Beldex, and the cross-chain privacy protocol Beldex that anonymizes cross-chain asset movement. (CoinDesk)
global policy
U.S. Regulators Issue Joint Statement: Increased Liquidity Risks for Cryptocurrency Deposits
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SBF Charged With Bank Fraud, Operating Unlicensed Money Transfer Business, Among Others
FTX founder Sam Bankman-Fried faces additional charges, including bank fraud charges, according to a new indictment unsealed Thursday. In a new 12-count indictment, U.S. federal officials charged SBF with bank fraud and operating an unlicensed money transmitter business. He previously faced eight counts of conspiracy to commit wire and wire fraud against customers and conspiracy to commit money laundering.
According to the indictment, SBF and others "falsely represented to financial institutions that the account would be used for trading and market making" when attempting to open a bank account that was actually used to receive and transfer client funds. He started a business and deliberately used the seemingly unrelated name "North Dimension" to deceive a bank that had previously refused to open an account for him.
In addition, SBF and other co-conspirators "agreed to and did make corporate contributions to candidates and committees in the Southern District of New York that were reported in the name of another individual."
According to previous reports, Watcher.Guru tweeted that SBF was accused of conspiring to make illegal political donations and deceiving the US Federal Election Commission. The indictment alleges he made more than 300 illegal political donations worth more than $10 million.
CZ: There is no battle between cryptocurrencies and fiat currencies


