headlines
The Ronin cross-chain bridge was attacked, and over $600 million in assets were stolen
The Axie Infinity sidechain Ronin validator node was hacked, and 173,600 ETH and 25.5 million USDC were stolen. If ETH is calculated at 3,400 USDT, the loss is worth about $616 million. Ronin Bridge and Katana Dex are currently suspended.
headlines
The Ronin cross-chain bridge was attacked, and over $600 million in assets were stolen
As of now, ETH and USDC deposits on Ronin have been drained from the bridge contract. But all AXS, RON and SLP on Ronin are currently safe. Users cannot withdraw or deposit funds to Ronin Network. Sky Mavis is committed to ensuring that all spent funds are recovered or repaid. In addition, the official said that the attack took place on March 23, but the attack was discovered on the 29th when users reported that they could not withdraw 5,000 ETH from the cross-chain bridge.
cryptocurrency
Hong Kong Exchange plans to build a new pilot digital asset trading platform Diamond within this year. Su Yingying, co-director of the market, said that the platform will use smart contracts, blockchain, cloud computing, big data, accept transactions between peers, and have a large user base, etc., and can operate 24 hours a day. The platform accepts transactions of different asset classes, and expects to become a one-stop platform for data, trading, settlement, and wallet management. The first stage will focus on products such as environmental, social and corporate governance (ESG), carbon emissions, etc. Expand encrypted assets. (Dongwang)
Astar Network Total Locked Value (TVL) breaks through $1 billion
iZUMi Finance launched Arbitrum, and the TVL on the Arbitrum chain exceeded 16 million US dollars within 24 hours
Hedera developer HBAR Foundation launches $155 million DeFi fund, $60 million for DEX liquidity mining rewards
MacroStrategy completes $205 million term loan with Bitcoin as collateral, or buy more Bitcoin
Investment firm WisdomTree has launched a new ETP tracking Solana (SOL), Cardano (ADA) and Polkadot (DOT), which are currently listed for trading on the SIX Swiss trading platform and will be listed on pan-European trading platforms in Amsterdam and Paris at the end of the month. (Coindesk)
Blockchain industry
Data: A total of 1.268 million ETHs were transferred from centralized trading platforms in March
Blockchain industry
GameFi and NFTs
Report: Global metaverse industry expected to reach $678.8 billion by 2030
According to the ResearchAndMarkets report, it is estimated that by 2030, the global metaverse market size will reach 678.8 billion US dollars, with a compound annual growth rate of 39.4%. The growing demand for Metaverse to purchase digital assets using cryptocurrencies is expected to drive the market significantly. (PR News Wire)
Movie star Sylvester Stallone announced that he will launch the NFT community PlanetSLY on Ethereum, and will release the first batch of NFT series called SLYGuys, with a total circulation of 9,997 pieces. It is expected to be sold to the public in April this year. Stallone himself will Digitally sign and number twenty-five of the rarest NFTs in the series.
Stallone will launch his personal NFT project SLYGuys
NFT trading platform LooksRare has reached a cooperation with Etherscan to enable users to send messages to NFT holders
Holders of Murakami Drip attribute NFT in the CLONE XX TAKASHI MURAKAMI series of encrypted fashion brand RTFKT can currently cast the Murakami.Flower seed released by Takashi Murakami. The casting price is 0.0727 ETH, and the total amount is 3,500. Users can use each Murakami.Flower seed to redeem 1 Murakami.Flower NFT in subsequent Reveal activities.
Investment and Financing
Investment and Financing
CoWDAO, the management organization of CoW Protocol, completes $23 million in financing
The Caduceus Foundation completed a $4 million Series A round of financing at a valuation of $80 million, led by crypto investment firm Susquehanna International. It is reported that the Caduceus Foundation builds a blockchain protocol for the metaverse, which has lower transaction costs, higher speed and higher security. (Venture Beat)
Swoop Closes $1.5 Million Seed Round Led by FTX Ventures and Solar Eco Fund
According to official news, CoWDAO, the management organization of CoW Protocol, completed a financing of 23 million US dollars. 57 private equity investors including 1kx and Delphi Ventures, as well as more than 5,000 CoW community members participated in the investment. The funds will be used to develop the CoW Protocol ecology, hire more team members, promote the expansion of the project to new chains that require MEV protection, and expand the marketing activities of the protocol.
Swoop completed a $1.5 million seed round of financing led by FTX Ventures and Solar Eco Fund. The funds were used to launch its first application in India and support local encryption education and P2E movements. (AMBCrypto)
GOQii Raises $10 Million to Build a Healthy Metaverse, Animoca Brands Participates
L2 DeFi protocol zkLend completes USD 5 million seed round financing, with participation from Three Arrows Capital and others
GOQii Raises $10 Million to Build a Healthy Metaverse, Animoca Brands Participates
global regulation
global regulation
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There are still three days until the deadline for the UK’s Financial Regulatory Authority (FCA) to grant temporary licenses to crypto firms. Twelve companies, including cryptocurrency custodian Copper Technologies and digital bank Revolut, will have to stop their services if they are not approved by the deadline. Under the FCA, unregistered firms have the right to withdraw their application or appeal. It is reported that the deadline for the FCA provisional license is March 31 this year. (Bloomberg)
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