headlines
Starknet Foundation: Application for STRK airdrop has been opened and will end on June 20
According to official news, the Starknet Foundation announced that the application for STRK airdrop has been opened. Users can visit the provisions.starknet.io website to apply. The application deadline is June 20.
MicroStrategy’s Bitcoin holdings exceed $4.1 billion in floating profit
BTC broke through US$53,000 in the short term and was temporarily trading at US$52,819.9 as of press time. Based on this price, MicroStrategys BTC holdings have gained over US$4.1 billion. As of February 5, 2024, the company held 190,000 BTC, with a total cost of US$5.93 billion and an average holding cost of US$31,224.
DefiLlama data shows that the TVL of the Ethereum liquidity re-pledge agreement has exceeded US$3.7 billion and is currently US$3.733 billion. Among them, the top five protocols by TVL are:
-ether.fi TVL was US$1.363 billion, a 7-day increase of 21.09%;
-Puffer Finance TVL is US$1.026 billion, a 7-day increase of 12.44%;
-Kelp DAO TVL is US$502.1 million, a 7-day increase of 19%;
-Renzo TVL is US$354.3 million, with a 7-day increase of 21.59%;
-Eigenpie TVL was US$278.09 million, a 7-day increase of 9.99%.
Industry news
UK government plans to introduce laws on stablecoins and crypto staking within six months
The UK government plans to have lawmakers approve new rules governing stablecoins and crypto-asset staking services within the next six months, as pressure mounts to come up with concrete proposals ahead of the upcoming general election. British Finance Minister Bim Afolami said in a speech today that the government is vigorously promoting the legislation. Were very clear that we want to get these things done as quickly as possible. I think within the next six months, these things are doable, he said. The UK Treasury first pledged in October that it would provide more clarity on the specific sector of cryptocurrencies sometime in 2024, but it has moved to include broader proposals to include crypto exchanges and other industry providers in existing financial services rules. Still up in the air, when asked whether the guidance might also become legislation this year, Afolami said he could not provide a timeline.
Forbes builds permanent land in Sandbox virtual universe
Forbes has announced the official establishment of a permanent land in The Sandbox metaverse. This virtual estate will serve as a dynamic community hub designed to foster interaction, engagement and collaboration among the Forbes Web3 community. The thoughtfully designed space includes a luxurious swimming pool, an elegant bar, and a comprehensive gallery dedicated to celebrating the 2024 Under 30 honorees. Every element of the design has been thoughtfully curated to provide an engaging, visual environment that encourages exploration and interaction.
Taha Ahmed, chief growth officer at Forbes, said: “Our move into The Sandbox metaverse is a testament to Forbes’ commitment to embracing the frontiers of technological innovation. By establishing a permanent presence in this digital space, we are Our community opens up new ways to connect, learn and grow together like never before.”
Hong Kong Monetary Authority issues guidelines on activities related to tokenized products
The Hong Kong Monetary Authority has issued a Circular on the Sale and Distribution of Tokenized Products, setting out its expected regulatory standards for authorized institutions to comply with when selling and distributing tokenized products to customers.
The HKMA believes that now is the time to provide guidance on activities related to tokenized products and provide the banking industry with clear supervisory requirements to support the industry in continuing to innovate and realize the benefits that tokenization can bring, while safeguarding the safety of consumers/investors. Take appropriate safeguards.
PostFinance, Switzerland’s fifth largest retail financial institution, will launch its cryptocurrency solution tomorrow, making it the choice of 2.5 million PostFinance customers. The minimum investment is $50 and includes custody, trading and savings account services for 11 cryptocurrencies.
Project News
OKX proposes modular smart account ERC-7579 standard
OKX announced that it has joined hands with Biconomy, ZeroDev and Rhinestone to formally propose the ERC-7579 standard, which simplifies and unifies modular smart account management technology and aims to help developers more conveniently customize functions and improve the user experience for Web3 wallet users.
By introducing the ERC-7579 standard, it provides developers with a minimized and standardized way to handle modular smart accounts and improves the interoperability of modular smart accounts between different wallet service providers, thus reducing the number of smart account communities. fragmentation and promote a more integrated blockchain ecosystem.
In addition, the ERC-7579 standard also paves the way for a module store that allows any developer to create modules compatible with different smart accounts, opening up more possibilities in the field of Web3 wallets and related solutions.
Wintermute may be the STRK market maker, and 3AC liquidator Teneo received 134.18 million STRK
According to Lookonchain monitoring, on-chain data shows that the Wintermute address has received 2 million STRK tokens and deposited 500,000 STRK to Binance. Therefore, it is speculated that Wintermute is the market maker of STRK.
In addition, the “Teneo: 3AC Liquidation” address received 134.18 million STRK and is the ninth largest holder.
Web3 revenue sharing agreement Reveel launches airdrop point activity
According to official news, Reveel, the Web3 revenue sharing protocol participated by Binance Labs, has launched an airdrop points event and has given away 48,000 points to its Alpha community. Founded by Swiss reggae musician and music producer Adrien Stern, Reveel is a platform for Web3 creators to track their portfolios, automate revenue sharing, and report on-chain revenue. It was selected for Binance Labs’ 4th incubation in May 2022 program, it is reported that the main features of its points program are expected to be disclosed in a major announcement in the coming weeks.
ETF related
BlackRock ramps up advertising of its spot Bitcoin ETF, calls it progress
BlackRock is ramping up advertising for its spot Bitcoin ETF (IBIT), positioning the digital asset as a symbol of “progress.”
IBITs campaign adopts a distinctly low-key style, especially compared to the more brazen marketing strategies of its competitors. The ad, which is simply designed on a yellow background, shows the silhouette of an airplane on a runway and is accompanied by the message: Get your share of progress.
Bloomberg ETF analyst Eric Balchunas said BlackRocks strategy strikes a balance between traditional fund advertising and trying to attract a younger crowd.
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