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Block Weekly: The market value of Bitcoin breaks through trillions of dollars; Coinbase’s valuation may exceed $100 billion
区块链研习社
特邀专栏作者
2021-02-24 03:13
This article is about 5662 words, reading the full article takes about 9 minutes
An overview of the best of the week: hot news, selected articles, digital assets, investment and financing information.

Keywords in this issue

Keywords in this issue

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1. The Graph will integrate Polkadot, NEAR, Solana and Celo

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2. Canadian ETF Provider’s Bitcoin ETF Starts Trading on the Toronto Stock Exchange

   

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3. Data: DeFi’s total lock-up exceeded $60 billion for the first time

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4. MicroStrategy completed the issuance of US$1.05 billion convertible bonds, and the net proceeds will increase its holdings of Bitcoin

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5. The total market value of Bitcoin broke through the trillion-dollar mark, compared with only $178 billion in the same period last year

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6. US media: Coinbase was valued at more than $100 billion before the direct listing

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7. Tesla’s Bitcoin investment profit this year is 30% higher than its 2020 car sales profit

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8. CCTV reported that Bitcoin broke through 57,000 US dollars, with a market value of over one trillion US dollars

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1. The prototype of the Polygon (Matic) ecology focusing on games and NFTs is emerging, and a picture to interpret the development panorama

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2. Algorithmic stablecoins are "avalanche" across the board. Is there still a chance to rise after upgrading and self-rescue?

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3. The big chess game of the public chain

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1. Polkadot ecological Plasm and Acala realize cross-chain communication XCMP transactions on the testnet

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2. Celer proposes Layer2.finance, an expansion solution that does not need to migrate DeFi applications, and plans to launch it in the first quarter

News on February 19th, Celer Network, the second-tier expansion project of Ethereum, launched Layer2.finance, a DeFi expansion and acceleration solution based on Optimistic Rollup, which aims to use Layer 2 rollup in different ways. Similar to any rollup, users can use Layer 1 The rollup contract on the platform conducts deposit transactions to deposit funds into the rollup chain of Layer2.finance, but Layer2.finance will not migrate the DeFi protocol itself to Layer2.

Simply put, Layer2.finance builds a model similar to a decentralized intermediary. Users store funds on the Layer 2 chain, and through a special Layer 2 transaction form, indicate which DeFi protocol their funds want to be placed in.

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3. Bancor launched the Vortex mechanism, which can leverage liquidity mining

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1. Radicle completed a $12 million financing led by NFX and Galaxy Digital, and released the governance token RAD

On February 19th, the decentralized code collaboration protocol Radicle announced the release of the governance token RAD, which will support a large number of functional payments integrated with Ethereum, public ownership of the Radicle network, collective governance, and long-term sustainability. RAD token holders do not need to pay when interacting with Ethereum-based protocols, that is, token holders can avoid fees or enjoy certain fee discounts and participate in network governance. Once approved, Radicle's Liquidity Startup Proposal will open a Liquidity Startup Pool on February 23rd at 4pm GMT, allocating 3.75% of the total RAD token supply.

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2. Clover Finance, a Polkadot parachain, completed a $3 million seed round of financing

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3. Pods Finance announced that it has completed the seed round of financing before August 2020. Investors include Framework Ventures and The LAO, etc.

On February 19, Pods Finance, a DeFi options product, published an official blog announcing that it has completed a round of seed round financing before August 2020. Investors include Boost VC, Framework Ventures, P2P Capital, BitScale, Zeeprime, The LAO, etc. This round of funding will be used to support further growth of the protocol and ultimately bring a simple hedging solution to cryptocurrency users.

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4. Ethernity Chain, an NFT verification platform, has completed a strategic round of financing and will publicly issue tokens ERN

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5. APYSwap, the smart gun pool tokenization protocol, completed a private equity round of financing of US$1.8 million

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6. AntiMatter, a cross-chain sustainable derivatives agreement, completed a seed round of financing of US$150,000, led by NGC

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7. ETHA Lend, a cross-chain revenue optimization protocol, has completed financing of US$1.6 million and plans to release the main network in the second quarter

On February 22, the cross-chain revenue optimization protocol ETHA Lend completed a financing of US$1.6 million, led by AU21 Capital, DFG and Privcode Capital, and followed by investors including Vector Capital, Chain Capital, PNYX Venture, Lancer Capital, Oasis Capital, TRG Capital, Candaq Capital, Dealan Capital, Inclusion Capital, Origin Capital, ZB Capital, YBB Foundation, AC Capital, and Hotbit.

Disclaimer: The Blockchain Institute is organized based on public information and does not represent the position of the Blockchain Institute (official account), nor does it constitute any investment opinion or suggestion.

"BLOCKER WEEKLY" is a cutting-edge reading of the blockchain industry carefully crafted by the Blockchain Research Institute. It selects a week's hot spots and cutting-edge views for blockchain enthusiasts. If you have good comments and suggestions, please leave a message in the comments below.

The cutting-edge trends of the encryption industry, the first-hand information of the blockchain industry, mining and analysis of potential projects, welcome to join the "Block Guest Space" carefully created by the Blockchain Research Institute, and capture 100 times coins with senior investors!

Disclaimer: The Blockchain Institute is organized based on public information and does not represent the position of the Blockchain Institute (official account), nor does it constitute any investment opinion or suggestion.

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