| Europes first spot bitcoin ETF is officially launched; CyberConnect airdrop is open for collection (August 16)
headlines
Europes First Spot Bitcoin ETF Officially Launched
Jacobi Asset Management has launched the Jacobi FT Wilshire Bitcoin ETF, which was listed on Euronext Amsterdam on August 15. The ETF trades under the symbol BCOIN. This is Europe’s first spot Bitcoin ETF, supported by Guernsey Financial Services Commission (GFSC) regulation. (decrypt)
CyberConnect (CYBER) airdrop is open for collection
According to the CyberConnect airdrop claim page, the CyberConnect (CYBER) airdrop is open for claim; the claim will last for 30 days, after which all unclaimed CYBER will be transferred to the community treasury. Users who hold Mystery Box, The Shards, Mini Shards, CyberProfile Premium Handle, and CyberProfile Early Adopter NFT can claim it. The NFT snapshot was taken on August 1.
cryptocurrency
Binance will delist SNM, SRM, and YFII, and the prices of the three will fall
According to the official announcement, Binance will stop trading and delist the following currencies at 11:00 on August 22 (Eastern District Time): Sonm (SNM), Serum (SRM), DFI.Money (YFII).
A CRV OTC buyer’s address locks 15 million CRV until February 1 next year
Etherscan data shows that addresses starting with 0x ce 5 pledged 15 million CRV to the governance escrow contract yesterday, and the unlocking period is February 1, 2024. According to Odaily’s query, the CRV at the address starting with 0x ce 5 was transferred in from the address starting with 0x f 51 (via the address starting with 0x 23 f ), and the address starting with 0x f 51 was purchased through an OTC transaction with Curve founder Michael Egorov. Income, the address bought about 17.5 million CRV in total.
Ethereum futures ETF launched by Volatility Shares plans to launch on October 12
Eric Balchunas, senior ETF analyst at Bloomberg, tweeted that the Ethereum futures ETF launched by Volatility Shares is scheduled to be listed on October 12.
According to Spot On Chain monitoring, as part of the token unlock, 34.28 million SAND (approximately $13.5 million) were distributed to 11 addresses within 2 hours of the unlock. Among them, 5.77 million SAND (approximately 2.81 million U.S. dollars) were deposited in Binance and Kraken through 4 addresses; 1.38 million SAND were sold on DEX through addresses starting with 0x 7 d 0 at a price of 522,000 USDC, with an average price of 0.378 U.S. dollars. .
Data: 10 million MATICs transferred to Binance
According to Ember Monitor, 10 million MATIC were transferred to Binance via GSR Markets yesterday. This MATIC originated from a transfer of 200 million MATIC by the Polygon Foundation in March 2020. In the past 3 years, every transfer of these 200 million MATIC will transfer part of the MATIC to Binance. Currently, 105 million MATIC have been transferred to Binance.
Project News
Sei will issue airdrops to active users in multiple ecosystems after the mainnet is launched.
Sei officially announced that it will conduct cross-chain airdrops to active users of multiple ecosystems when the Pacific-1 mainnet is launched, in order to reward pioneer users in the world on the chain. The specific rules are that users who are active on chains such as Solana, Ethereum, Arbitrum, Polygon, BNB Chain, Osmosis, etc. have the opportunity to be selected to participate in the white list of airdrops. To claim it, you need to create a Sei wallet after the main network is launched and bridge the specified assets to Sei network. The eligibility check for the whitelist will be open after the mainnet launch.
friend.tech will airdrop bonus points to test users
Decentralized social platform friend.tech announced that it will begin airdropping reward points to app test users starting on Friday. During the testing period, these points will be collected off-chain and will have special uses once the application is officially released. Over the next six months, 100 million points will be distributed to beta test users.
Maker protocol annualized revenue exceeds $165 million, a two-year high
The supply of the DAI stablecoin surged to a five-month high of 5.35 billion, according to Makerburn.com data. As supply increases, the protocols annualized revenue has also reached a two-year high of $165.4 million, meaning Maker currently earns about $165 million in fees a year. (Decrypt)
Compound launches on Base network, supporting ETH and cbETH as collateral
DeFi lending platform Compound has launched on the new Ethereum Layer 2 Base, supporting ETH and cbETH as collateral. Jared Gray, CEO of decentralized exchange SushiSwap, also said that due to project needs, SushiSwap V2 will also deploy Base, and V3 has been deployed on the network before. Further communications on the move are expected this week.
Prime Trust Files for Chapter 11 Bankruptcy in Delaware
Cryptocurrency custodian Prime Trust has filed for Chapter 11 bankruptcy protection in Delaware after facing a shortage of client funds. In an Aug. 15 filing, Prime Trust said it had between 25,000 and 50,000 creditors, estimated liabilities between $100 million and $500 million, and estimated asset values between $50 million and $100 million. . The companys top five unsecured creditors have about $105 million in claims, with the largest claim at $55 million. (Cointelegraph)
Investment and Financing
Blockstream plans to raise $50 million to buy secondary market mining rigs
Bitcoin infrastructure company Blockstream is raising up to $50 million to buy and store mining equipment it believes is undervalued on the secondary market. Blockstream is partnering with Luxembourg’s digital securities market STOKR to launch Blockstream ASIC (BASIC) notes.
James Macedonio, head of mining sales at Blockstream, said that Blockstream will first raise $5 million for Series 1 BASIC notes, each worth $115,000, for large-scale purchases of ASICs and storage, as hardware demand picks up in 2024 to the market sell back. The 24-month investment note will be open to qualified international investors. Macedonio said that ASIC mining machine prices are only 10% of the December 21 high. Many companies have mortgaged Bitcoin and borrowed excessively, and banks have a large inventory of mining machines after being liquidated by the market downturn. (Cointelegraph)
Dinari, a blockchain-based securities investment platform, announced the completion of a $7.5 million seed round of financing, with participation from SPEILLLP, 500 Global, former Coinbase CTO Balaji Srinivasan, Third Kind Venture Capital, Sancus Ventures, and Version One VC. Founded in 2021, Dinari offers blockchain-based equity trading through its dShare platform. Jake Timothy, co-founder and chief technology officer of Dinari, said that the dShare platform, which provides users with stock trading services such as Apple or Tesla on Arbitrum, does not support US users due to regulatory reasons. (CoinDesk)
global policy
The Monetary Authority of Singapore (MAS) issued a document on its official website stating that it has finalized the regulatory framework for stablecoins. The regulatory framework takes into account feedback received following a public consultation in October 2022.
According to MAS, a stablecoin is a digital payment token designed to maintain a constant value against one or more specified fiat currencies. When well regulated to maintain this stability of value, stablecoins can serve as a trusted medium of exchange to support innovation, including on-chain buying and selling of digital assets. MAS’s stablecoin regulatory framework will apply to single currency stablecoins (SCS) pegged to the Singapore dollar or any G 10 currency.
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DOJ Charges SBF with Misappropriating Over $100M in Customer Deposits for Political Donations
The U.S. Department of Justice filed an updated indictment against SBF that includes charges that it violated campaign contribution laws as part of a wire fraud scheme.
The SBF illegally misappropriated deposits from FTX clients ahead of the 2022 U.S. midterm elections, resulting in more than $100 million being used for “campaign contributions to Democrats and Republicans seeking to influence cryptocurrency regulation,” the Justice Department said. Prosecutors also said some of the political donations were made in the name of FTX executives in an effort to conceal the origin of the donation funds.
Several Ministers of Taiwan: Vitalik has obtained the Taiwan Employment Gold Card
Odaily News In the Plurality Taipei event in Taiwan, Vitalik Buterin and Taiwan Digital Minister Tang Feng discussed the definition of multiverse (Plurality), decentralized identity, the practice of multiverse in the chain community, and Worldcoin and other topics. In addition, Taiwans digital minister Tang Feng revealed that Vitalik has obtained the Taiwan Employment Gold Card qualification.
Taiwan Employment Gold Card is a 4-in-1 certificate that combines work permit, residence visa, alien residence permit and re-entry permit. The employment gold card is valid for 1 to 3 years and provides qualified foreign Talents can freely find jobs, take up jobs and change jobs.
