- MicroStrategy buys approximately 14,620 Bitcoins; Elon Musk posts video tweet with the word NFT (12.28)
headlines
MicroStrategy buys approximately 14,620 Bitcoins for approximately $615.7 million
MicroStrategy and its subsidiaries purchased approximately 14,620 Bitcoins between November 30 and December 26 for approximately $615.7 million in cash.
Elon Musk tweets a video with the word NFT
Elon Musk posted a video tweet on the X platform with the caption Whatever happened to..., and the video content involved the word NFT.
Industry news
The Supreme Peoples Procuratorate and the State Administration of Foreign Exchange jointly released 8 typical cases of punishing foreign exchange-related crimes. The person in charge of the Fourth Procuratorate of the Supreme Peoples Procuratorate said that the cases released this time mainly focus on cross-border illegal foreign exchange trading cases. Cross-border illegal foreign exchange trading is one of the typical manifestations of current illegal foreign exchange trading. In such cases, RMB and foreign currencies generally do not physically flow across the border. On the surface, funds appear to be circulating in one direction at home and abroad. In reality, It is a disguised act of buying and selling foreign exchange that disrupts the order of the foreign exchange market. If the circumstances are serious, it constitutes the crime of illegal business operations.
Researcher @doganeth_en posted on the X platform that the EIP-7212 proposal proposed 6 months ago became the first Rollup Improvement Proposal (RIP) and will be implemented on multiple blockchains. The original intention of this proposal is to achieve safe, cost-effective verification of the secp 256 r 1 (P 256) curve.
The decision to use this proposal for Rollups was due to its significant impact on account abstraction in L2, as well as the large number of transitive key and SE-based AA wallets that already exist on L2. The introduction of new Rollup improvement standards enables researchers to propose improvements specifically for Layer 2 and sidechains, ensuring compatibility across various Rollup frameworks.
Investment and financing events
Greater Bay Area Capital Group will launch a US$10 billion Yuan Asset Web3.0 Industry Fund
At the Guangdong-Hong Kong-Macao Greater Bay Area Digital Economy Development Conference, Li Haolong, chairman of the Greater Bay Area Capital Group, said that the Greater Bay Area Capital Group (GBA Capital) will announce the launch of a US$10 billion Yuan Asset Web3.0 Industry Fund to invest in Yuan Asset , Metaverse, NFT, RWA and other related global tracks, helping the Guangdong-Hong Kong-Macao Greater Bay Area become the World Meta-Asset Capital.
ETF event tracking
Max Keiser, a senior adviser to the President of El Salvador, refuted Cathie Wood’s remarks on social media that “if the Bitcoin spot ETF is approved, it will attract more institutions to enter the market.” He said that the remarks were misleading and that all bitcoins created from cash Coin spot ETFs are just proxy tools for investors to track the price of BTC, and they cannot obtain actual BTC.
In this regard, Bloomberg ETF analysts said that in fact, if the Bitcoin ETF can only be created in cash, rather than BTC (created in kind), then most non-cryptocurrency people (especially those who control the wealth of $33 trillion in assets) The governing bodies) are not going to do anything big, in fact they prefer to make dollars out of it, they just want the exposure (which does give Cathie Wood a chance).
Project News
NFT lending platform BendDAO announced that it will connect BRC 20 and ERC 20 liquidity. BendDAO BRC-20 will be launched soon to provide lending and cross-chain bridge services for the Bitcoin ecosystem.
Web3 game Gas Hero will be officially launched on January 3 next year
Johnny, the leader of the Gas Hero project, announced that his game will be officially launched at 11:00 on January 3, 2024, Beijing time.
It is reported that Gas Hero is a Web3 game produced by the STEPN development team Find Satoshi Lab.
NFPrompt has opened NFP airdrop applications
NFPrompt has now published the NFP airdrop qualification inquiry website, and airdrop applications have been opened at 17:40.
