Forum
OPRR
Finance
Specials
On-chain Eco
Entry
Podcasts
Data
Web3 Daily | Ordinals' cumulative minting volume exceeds 10 million; Circle Ventures invests in zkMe, a zero-knowledge identity oracle provider.
Summarized by AI
Top News:
1. Bitcoin NFT protocol Ordinals cumulative minting quantity exceeds 10 million pieces;
2. Zero-knowledge identity oracle provider zkMe has completed a $2 million Pre-Seed round of financing, with participation from Circle Ventures and others;
3. Binance will conduct an estimated one-hour wallet maintenance for BNB Smart Chain on May 31st.
4. Biden's proposal for a 30% Bitcoin mining tax has been put on hold in the debt ceiling agreement.
5、Gate Group appoints virtual asset expert Kevin Lee as CEO of GateHK;
6. Jimbos Protocol: If the hacker can return 90% of the funds, then abandon the pursuit;
Project Updates
Jimbos Protocol: If hackers can return 90% of the funds, they will give up pursuit.
Jimbos Protocol posted on social media that in the past 24 hours, the project has been working with security experts, cross-chain bridges, and trading platforms. Some valuable clues have been confirmed and the project hopes that the attacker can voluntarily cooperate before their identity is exposed and they have no other choice. If the hacker can return 90% of the funds, Jimbos Protocol will give up the pursuit.
BlockBeats previously reported that Jimbos Protocol, an Arbitrum ecosystem liquidity protocol, was attacked on May 28th, with a total loss of approximately $7.5 million. The stolen funds have now been transferred to an Ethereum address through a cross-chain protocol. In addition, Huang Licheng's address purchased 1541.5 ETH (approximately $2.84 million) worth of Jimbos Protocol Token JIMBO on May 26th.
Binance Australia platform's Bitcoin discount rate reaches 17.7%, and the prices of tokens such as ETH and SOL are also discounted by about 20%.
According to Bloomberg, as of 13:10 today, the Bitcoin trading price on Binance Australia is 34,863 Australian dollars (approximately 22,670 US dollars), which is about 7,516 Australian dollars lower than the average price on platforms such as Independent Reserve and CoinJar, with a discount of 17.7%. In addition, Token prices such as ETH and SOL also have a discount of about 20%.
BlockBeats previously reported that Binance's Australian subsidiary announced on May 18 that AUD PayID deposits were suspended and bank transfers and withdrawals would also be affected due to the third-party payment service provider ceasing to provide services. Subsequently, on May 26, Binance announced that the following AUD spot trading pairs: ADA/AUD, AUD/BUSD, AUD/USDT, BNB/AUD, BTC/AUD, DOGE/AUD, ETH/AUD, GALA/AUD, MATIC/AUD, SOL/AUD, XRP/AUD will be removed and delisted at 14:00 on June 1 Beijing time.
According to official sources, HashKey Capital and Wanxiang Blockchain Labs have announced the joint launch of the Web3.0 innovation incubation platform, Future3 Campus, which focuses on the three major tracks of Web3.0 Massive Adoption, DePIN, and AI. The main incubation bases are in Shanghai, the Guangdong-Hong Kong-Macao Greater Bay Area, and Singapore, with a global reach across the Web3.0 ecosystem. Future3 Campus will launch an initial seed fund of $50 million for Web3.0 project incubation.
The first phase of the incubation camp - Future3 Camp 1 will focus on Web3.0 Massive Adoption. Global registration is now open and will end on June 30th. The camp will start on July 22nd. Up to 15 outstanding teams will be selected for a three-month in-depth incubation and a nine-month long-tail tracking, including technical guidance, product strategy, professional training, resource docking, publicity exposure, market activities, financing services and other entrepreneurial support.
The South Korean cryptocurrency exchange Upbit has announced that due to routine maintenance, deposits and withdrawals of digital assets worth more than 1 million Korean won (approximately $758) will be temporarily suspended for about 3 hours.
MakerDAO's lending protocol Spark Protocol has 95% collateral assets in Lido wstETH
MakerDAO stated on social media that 95% of the collateral assets deposited into its lending protocol, Spark Protocol, are Lido wstETH (approximately $10.85 million).
Gate Group appoints virtual asset expert Kevin Lee as CEO of GateHK
According to official sources, virtual asset service platform Gate Group has announced the appointment of Kevin Lee as CEO of GateHK to drive its development in the digital asset field in Hong Kong. With 17 years of financial industry experience in the Asia-Pacific region, Kevin Lee is an expert and leader in virtual assets and algorithmic trading, and will lead GateHK to provide high-quality virtual asset services to Hong Kong users, including access, withdrawal, and spot trading of popular assets such as Bitcoin, Ethereum, and Litecoin. It is reported that Gate Group has previously obtained a trust and company service provider license and is currently applying for a securities and futures commission license.
Bitget has launched a new capital-guaranteed structured product called "Shark Fin", with a minimum yield of up to 7% APR. The subscription channel was opened on May 30th at 14:00, and the product cycle is 7 days. Supported currencies include BTC, ETH, USDT/BTC, and USDT/ETH. By judging the trend of cryptocurrency prices, investors can pursue higher floating returns while enjoying the basic annualized interest rate. It is reported that the "Shark Fin" product is open for subscription every Sunday, Tuesday, and Thursday at 14:00, and the subscription window is 24 hours.
Cryptocurrency trading platform TrigonX, which was affected by the FTX incident, will restart
Cointelegraph reported that TrigonX, an Australian cryptocurrency trading platform, will be relaunched. The company has passed the company planning agreement and received approval from creditors. TrigonX was established in 2014 and was one of the many institutions affected by the FTX bankruptcy last year. After being unable to meet withdrawal demands, TrigonX appointed an administrator on December 16, 2022. Matteo Salerno, the company's director, said that restoring "better, more certain, and more favorable dividends" to creditors would be a better solution than liquidation. He added that the intention behind the bankruptcy management was to "achieve a quick and optimal result for creditors."
Binance will perform an expected one-hour wallet maintenance on BNB Smart Chain on May 31st.
Binance will perform wallet maintenance on BNB Smart Chain (BEP20) at 14:00 on May 31st, which is expected to take 1 hour. During this period, the deposit and withdrawal services for BNB Smart Chain (BEP20) will be suspended, while the trading of digital assets/tokens on BEP20 will not be affected.
跨链 DeFi 协议 EYWA 主网正式上线，已连接超 100 个网络节点
Translation:Cross-chain DeFi protocol EYWA mainnet officially launched, already connected over 100 network nodes
The cross-chain DeFi protocol EYWA posted on social media that the project has officially launched its PoA mainnet and is adding validators to the network. Currently, it has connected over 100 validation nodes.
派盾：BlockGPT project experiences Rug Pull, losing approximately $256,000
According to Pai Shield's monitoring, the BlockGPT project on the BNB chain experienced a Rug Pull, resulting in a loss of over 816 BNB (approximately $256,000). Currently, 800 BNB has been transferred to Tornado Cash. The price of BGPT has dropped by about 52% in the past hour.
Ordinals Market and Bitcoin Miladys jointly launch new NFT migration standard BRC-721E
Bitcoin NFT market Ordinals Market and Bitcoin Miladys have jointly released the BRC-721E standard, which allows for the migration of immutable and verifiable ERC-721 NFTs to Ordinals without the need to embed the entire NFT series beforehand.
When bridging NFTs, BRC-721E encodes the data directly into a burn transaction, which specifies a Bitcoin address to receive the inscription. Previously, Teleburn required knowledge of the inscription ID before burning an ETH NFT, but BRC-721E allows for burning before engraving, meaning the burn transaction also serves as an on-chain inscription request, and users can receive airdrops using this address.
According to CoinDesk, DeFi infrastructure platform Qredo has optimized its self-custody wallet platform. The new platform, New Qredo, uses multi-party computation (MPC) intelligent key sharding technology to improve control over team permissions and approval processes.
As previously reported by BlockBeats, in February of last year, Qredo announced that it had completed an $80 million Series A financing round at a valuation of $460 million. The round was led by 10T Holdings, with participation from Coinbase Ventures, Kingsway Capital, HOF Capital, Raptor Group, and GoldenTree Asset Management, among others.
Data
Data: Bitcoin NFT protocol Ordinals cumulative minting volume exceeds 10 million pieces
According to Dune Analytics data, the cumulative minting amount of the Bitcoin NFT protocol Ordinals, launched by software engineer Casey Rodarmor, has reached 10,018,046, with a total cost of 1,578.4611 BTC generated to date.
Data: Hashed deposits 23.13 million SAND into Binance, equivalent to $12.9 million
According to Lookonchain's monitoring, Hashed deposited 23.13 million SAND (approximately $12.9 million) into Binance 30 minutes ago.
Data: 4.166 million unlocked EDU transferred to Binance today
According to on-chain data analyst Yu Jin, 4,166,667 EDU tokens (worth approximately $5.12 million) were transferred to Binance today. These tokens belong to the liquidity category that was unlocked on the 28th. It is reported that the categories that will be unlocked on the 28th of each month include operations, liquidity, early contributors, and ecological funds, with a total of 21.19 million EDU tokens being unlocked each month.
Bloomberg: Gemini's trading volume dropped 46% from January to April this year
According to Bloomberg, Kaiko data shows that Gemini's trading volume decreased by 46% from January to April this year compared to the period from September to December last year. This is one of its largest declines, and its decline is almost six times that of Coinbase's trading volume decline.
In addition, CCData shows that in April of this year, there were approximately $747 million worth of cryptocurrency transactions on Gemini, which is equivalent to 0.12% of the global spot trading volume last month. This is an increase from February, when Gemini's share hit a low of 0.07%. However, the April figure is still almost half of what it was a year ago and is lower than nearly 5% in 2017.
Data: The amount of ETH destroyed by the ENS registration contract has exceeded 25,000 coins
According to Ultrasound.money data, the ETH destruction amount of the Ethereum Name Service (ENS) registration contract ETH Registrar Controller has exceeded 25,000 ETH, currently at 25,006.49 ETH.
Financing
零知识身份预言机提供商 zkMe 完成 200 万美元 Pre-Seed 轮融资，Circle Ventures 等参投
Translation:The zero-knowledge identity oracle provider zkMe announced the completion of a $2 million Pre-Seed round of financing, with participation from Circle Ventures, Spartan Group, CMS Holdings, Fenbushi Capital, NGC Ventures, Arkstream Capital, and others. zkMe plans to use the new funds to accelerate development and complete mainnet testing and customer registration within a month. zkMe allows users to encrypt their data and use ZKP to prove their statements on their own devices, effectively verifying user eligibility while protecting their privacy and security.
Regulation
Biden's proposal for a 30% Bitcoin mining tax has been put on hold in the debt ceiling agreement
The proposal put forward by the Biden administration to impose a 30% tax on Bitcoin mining has been put on hold in Sunday's debt ceiling agreement, according to Warren Davidson, a congressman from Ohio. The White House hopes that this tax will address the environmental costs of Bitcoin mining, but it may find another way to introduce the tax in the upcoming bill. The White House has previously strongly stated its position that mining requires environmental and social costs. (Jinshi)
美国检察官：对 SBF 的刑事指控有效，不应被撤销 Translation:
US prosecutor: Criminal charges against SBF are valid and should not be dismissed
The criminal charges against FTX founder Sam Bankman-Fried (SBF) are valid, including the technical details of SBF's extradition to the United States and campaign finance violations, according to court documents submitted by US prosecutors on Monday. In early May, Bankman-Fried filed a pretrial motion to dismiss most of the charges brought against him by US prosecutors, with his defense arguing procedural issues, some US laws being irrelevant to FTX's non-US location, and charges exceeding the agreed extradition terms.
The South Korean Financial Supervisory Service will strengthen its investigation and enforcement of unfair trading practices, including those involving cryptocurrency assets.
According to iNews24, the Financial Supervisory Service (FSS) of South Korea held a press conference today to announce its strengthened ability to investigate unfair trading practices. The agency has established a special investigation team, an information collection task force, and a digital investigation response team. The digital investigation response team will review investigation techniques for new digital assets such as virtual assets and token securities (STOs).
The US presidential candidate Robert Kennedy said that if elected, he will nominate crypto-friendly individuals to the SEC.
According to Bitcoin com, US presidential candidate Robert F. Kennedy Jr. stated that he does not want to see anti-cryptocurrency individuals in the Securities and Exchange Commission (SEC). He also criticized the securities regulatory agency for protecting banks instead of the American people. He said, "What they are doing is unclear, opaque, and has not brought transparency to our system."
Kennedy expressed his admiration for Bitcoin during an interview, while criticizing the SEC's regulatory approach to the cryptocurrency industry. He stated that if elected president, he plans to nominate cryptocurrency-friendly individuals to the US Securities and Exchange Commission.
Welcome to join the official community of BlockBeats by Lu Dong
Telegram subscription group: https://t.me/theblockbeats
Telegram communication group: https://t.me/theblockbeatsApp
Twitter official account: https://twitter.com/BlockBeatsAsia
Welcome to join the official BlockBeats community:
Telegram Subscription Group: https://t.me/theblockbeats
Telegram Discussion Group: https://t.me/BlockBeats_App
Official Twitter Account: https://twitter.com/BlockBeatsAsia
