- Bitcoin’s NFT sales exceeded Ethereum in the past 24 hours; grayscale FIL, SOL, MANA, LINK and other trust premium rates soared (11.14))

headlines

The premium rates of Grayscale FIL, SOL, MANA, LINK and other trusts have soared

Coinglass data shows that the current negative premium rate of Grayscale Bitcoin Trust (GBTC) has narrowed to 10.35%. The negative premium rate of other currency trusts is as follows: the negative premium rate of ETH trust is 13.94%, the negative premium rate of ETC trust is 38.79%, and the negative premium rate of ZEC trust is 9.58%. In addition, multiple cryptocurrency trust products under Grayscale have experienced substantial premiums, among which the FIL trust premium rate is 901.67%, the SOL trust premium rate is 869.29%, the MANA trust premium rate is 308.06%, and the LINK trust premium rate is 250.50%.

cryptocurrency

Bitcoin surpasses Ethereum in NFT sales in past 24 hours, taking first place

CryptoSlam data shows that Bitcoin’s NFT sales in the past 24 hours were $12,267,832, an increase of 54.12%, surpassing Ethereum ($12,194,480) to take the first place.

Bitcoin mining difficulty increased by 3.55% to 64.68 T, the fifth consecutive increase since September 19

According to BTC.com data, Bitcoin ushered in a mining difficulty adjustment at 00:24:33 today (block height 816, 480). The mining difficulty was raised by 3.55% to 64.68 T, continuing to hit a record high. It is reported that this is the fifth consecutive increase in Bitcoin mining difficulty since September 19.

Slow Mist: Security incidents cost an estimated $138 million last week

SlowMist posted on the X platform that the total losses caused by security incidents from November 5 to November 11 were approximately US$138,522,643, including:

- Raft Protocol: Lost $3,300,00 due to contract vulnerability;

- Poloniex Exchange: $130,000,000 lost due to hack;

- CoinSpot: $2,000,000 lost due to attack; - God Of Wealth (GOW 39): $206,251 lost due to Rug Pull;

- Mirage Finance: $12,000 lost due to attack;

- TrustPad: There is a contract vulnerability and the loss has not yet been disclosed;

- MEV Robot: lost $2,152,392 due to contract loopholes;

- TheStandard: $264,000 lost due to liquidity breach;

- Fake Ledger Live Web3: $588,000 lost in scam.

Project News

Starknet: V 0.13.0 mainnet is planned to be launched on January 22, 2024, and will support STRK to pay transaction fees

The Starknet community forum released information about the next version (V 0.12.3, V 0.13.0) and Sepolia testnet migration, including:

1. V 0.12.3 will bring a very important change, which is to deprecate the feeder gateway, and builders should migrate to API services or run full nodes independently; V 0.12.3 also introduces some changes to the _validate_ of the account contract ;

2. V 0.13.0 will include a new transaction type V3. This transaction type lays the foundation for future features on the roadmap, including payment of transaction fees in STRK in addition to ETH, fee markets, paymaster and nonce generalization; in addition, V 0.13.0 will ship with a new Cairo version V2. 4.0, introducing string literals and basic string operations;

3. The following are the planned dates for network upgrades:

   - November 19, 2023: V 0.12.3 Goerli testnet;

   - December 11, 2023: V 0.12.3 mainnet. Please note that this is one week earlier than the date previously communicated;

   - December 5, 2023: V 0.13.0 Goerli testnet. If necessary, this date may be pushed back a week to December 13;

   - January 22, 2024: V 0.13.0 mainnet, waiting for governance vote;

4. In addition to version updates, Starknet will migrate the testnet to Sepolia after Goerli is deprecated. The Goerli testnet will be supported until the end of 2023, and developers are encouraged to move to Sepolia if possible. Starknet will begin migrating to the Sepolia testnet on November 15, 2023. At that time, full nodes, API services, SDKs, and other Starknet development tools will also begin migrating to Sepolia.

Chainlink Staking V 0.2 qualifications are open for inquiry

Chainlink released the latest weeks adoption update on the MadSkullz, PixelBattle, RAFLDex, Scroll, 7Deuce.xyz, StablR, TreasuryLand. In addition, Chainlink Staking V 0.2 qualifications are open for inquiry. As previously reported on November 9, Chainlink announced that Staking V 0.2 will be launched this year, with the specific time being:

• Priority Migration: November 28, 2023 at 12:00 PM ET;

• Early Access: December 7, 2023 at 12pm ET;

• General Access: December 11, 2023 at 12:00 PM ET.

The 1inch community opens a vote on the proposal to “cash out more than 2.5 million ARBs”

According to official news, the decentralized data composable protocol Glacier Network announced the completion of a $2.9 million seed round of financing, with participation from Foresight X, UOB Venture Management, Signum Capital, Cogitent Ventures and Gate Labs. In addition, Glacier has received multiple Grant support from Arweave Ecosystem PermaDAO, Stanford Boundless Hackathon, Aptos Grant Dao and Foresight X Accelerator. According to reports, Glacier aims to create a composable, modular, and scalable Layer 2 data-driven network for large-scale decentralized applications, and promote DApps to create trustless data primitive use cases based on decentralized databases (DDB).

Curve ecological revenue management protocol Napier Finance completes US$1 million in financing

Curve ecological revenue management protocol Napier Finance announced the completion of US$1 million in financing. Curve Finance founder Michael Egorov, two co-founders of Convex Finance C 2 tP and Winthorpe, DeFiLlama co-founder Charlie, B Dash Ventures, FLICKSHOT, etc. participated in the investment.

regulatory policy

Financial Stability Bureau of the Central Bank: The rectification work in virtual currency transactions and other fields has been basically completed, and the speculation of domestic virtual currency transactions must be resolutely curbed

The Financial Stability Bureau of the Peoples Bank of China published a column titled Effectively Prevent and Resolve Financial Risks and Firmly Hold the Bottom Line of No Systemic Risks. The article pointed out that under the strong leadership of the Party Central Committee and the State Council, the Peoples Bank of China has closely focused on the three tasks of serving the real economy, preventing and controlling financial risks, and deepening financial reform in accordance with the principles of stabilizing the overall situation, overall planning and coordination, classified policies, and precise bomb disposal. Based on the basic policy, we resolutely fought the battle to prevent and resolve major financial risks, improved the financial stability working system and mechanisms, and dealt with and resolved a number of outstanding risk points with great impact, urgency and overall significance in an orderly manner, effectively safeguarding the countrys economic and financial security. and financial stability overall. The article points out that the financial order has been comprehensively cleaned up and rectified, and the special rectification of Internet financial risks has achieved good results. All P2P online lending institutions have ceased operations, and rectification work in Internet asset management, equity crowdfunding, Internet insurance, virtual currency trading, Internet foreign exchange transactions and other fields has been basically completed. We will deepen the rectification of risks such as local financial asset exchanges, fake gold exchanges and third-party wealth management companies, severely crack down on illegal fund-raising, and resolutely curb the speculation of domestic virtual currency transactions. Continue to intensify the investigation and handling of money laundering cases.

Character*Voice

Hong Kong Legislative Council Member Qiu Dagen: Bitcoin can be classified as a financial product and included in the asset scope of the investment immigration policy

Hong Kong resumed its investment immigration policy after 8 years, but investment in real estate is not allowed and mainlanders are not included. In an interview, Wang Zhiwei, partner in charge of family business and private wealth tax planning at PricewaterhouseCoopers in Mainland China and Hong Kong, said that during the suspension of Hong Kong’s investment immigration program, clients have been asking when it will be launched again. Since Hong Kongs tax rate is low and there is no inheritance tax, those who wish to become tax residents in Hong Kong can attract high-end customers even if the threshold is raised to NT$30 million, and are expected to be popular. It takes seven years for investment immigrants to enjoy permanent residence. Some clients asked whether Hong Kong can shorten the time like other regions. However, Wang Zhiwei believes that this is a rule that has been implemented in Hong Kong and is not expected to change. Chiu Ta-kan, a lawmaker from the technology and innovation community, hopes that the authorities can clarify the scope of assets, such as classifying Bitcoin traded on licensed virtual asset exchanges as financial products, which should be allowed in theory. There are voices arguing that property purchases are also eligible to stimulate the property market. He has taken a neutral stance, but the government has stated that real estate-related financial products such as real estate investment trusts (REITs) are included.

CZ: In 2014, I sold my house and bought coins all in crypto. I only founded Binance in 2017.

X user @VT_BNB posted that when Binance founder CZ first founded Binance, it was certainly not smooth sailing for him to seek investment and institutional financing, otherwise he would not have had to sell his house in Shanghai. In this regard, CZ said that in 2014, he sold his house and bought coins, all in crypto, and only founded Binance in 2017.

ZenAcademy founder: A large number of NFTs will be sold in the next few weeks, and the investment proportion is expected to be reduced from 90% to 30%