1. Azuki has transferred 20,000 ETH to Coinbase Prime;
2. Sui announces Token unlocking schedule;
3. Hang Seng Investment is evaluating the possibility of including virtual currencies in its existing investment product portfolio;
4. BAYC's new game HV-MTL Forge Season 1 will be launched on June 29th;
5. Vitalik: EOA wallets based on MPC have fundamental flaws, and smart contract wallets are the only choice;
6. Compound founder establishes new financial company Superstate and completes seed round financing;
Azuki has transferred 20,000 ETH to Coinbase Prime.
According to on-chain analyst Yu Jin's monitoring, Azuki transferred 20,000 ETH (approximately $37 million) from its Elementals series sales to Coinbase Prime, an institutional trading platform that integrates advanced agency trading, custody, primary financing, staking and staking infrastructure, data and reporting supporting the entire trading lifecycle.Sui has released the Token unlocking schedule.
Sui has announced the Token unlocking schedule, which shows the estimated circulating supply for the next 7 years. The native Token of the network, SUI, can facilitate on-chain transactions, pay Gas fees, protect network security, and provide on-chain liquidity. The long-term circulating supply of SUI is 10 billion. At the launch of the mainnet, approximately 5% of the Tokens are in circulation, and the remaining Tokens will be unlocked and released according to the suggested schedule to maintain network stability.
In addition, Sui officials stated that, like other networks, the Token unlocking schedule may be changed as needed to maintain the health of the Sui network.
BlockBeats previously reported that on June 28th, the Sui Foundation stated that "locked" and "non-circulating" SUI staking rewards or any other Token have not yet been sold on Binance or through other means. All Token allocations are still subject to their lock-up period and other transfer restrictions. The Sui Foundation will soon release a detailed plan for the Token release schedule.dYdX Chain public testnet will launch at 1:00 on July 6th
The decentralized derivatives trading platform dYdX has announced that the dYdX Chain public testnet, built on Cosmos, will launch at 1:00 AM on July 6th Beijing time. The public testnet will initially only support Bitcoin and Ethereum markets, but is expected to include approximately 30 markets as the network upgrades.
According to Yahoo Finance, Li Peishan, Director and CEO of Hang Seng Investment Management, recently stated at a press conference that there is currently no clear goal to create an ETF with virtual assets as the theme, but there is close attention to the development of related asset classes. The possibility of configuring virtual currency in existing investment products is currently being tested and examined.
Li Peishan also stated that the ETF Connect has attracted stable net inflows since its launch in July last year. The daily average ETF asset management scale exceeded HKD 12 billion in May, an increase of nearly 80% compared to December last year. The daily average trading volume during this period was nearly HKD 1.7 billion, which is more than 7 times the growth since the planned launch in July last year, accounting for 6% of the overall Hong Kong stock market.
SPACE ID has opened the second season of airdrop application
According to official sources, the SPACE ID Voyage Season 2 has ended with approximately 530,000 addresses participating in the event. The Season 2 airdrop claim page is now open, with a total of 22,482,583 ID tokens to be distributed. Users can visit the page to check their eligibility.Binance will add BCH/TUSD and CFX/TUSD trading pairs at 16:00 tomorrow.
According to an official announcement, Binance will add BCH/TUSD and CFX/TUSD trading pairs at 16:00 on June 30th (Beijing time). Binance spot grid trading will be available within 48 hours after the BCH/TUSD and CFX/TUSD spot trading pairs go live.Additionally, with just 1 ETH, a participant can establish a node.
BlockBeats previously reported that on January 17th, decentralized liquidity staking protocol Diva completed a $3.5 million seed round of financing, led by A&T Capital, with participation from Gnosis, Bankless, OKX Blockdream Ventures, Metaweb, DCV Capital, Alphemy Capital, Very Early Ventures, Stake.vc, and some angel investors.Binance Euro deposit partner will stop providing services to Binance users in September
According to CoinDesk, PaySafe, Binance's Euro bank partner, will stop supporting Binance after September 25th.
A Binance spokesperson stated in an email, "Binance will change the provider for Euro deposits and withdrawals via Single Euro Payments Area (SEPA). Our current partner, PaySafe, will no longer offer these services to Binance users starting from September 25th, 2023." SEPA is the abbreviation for Single Euro Payments Area, which is a comprehensive cross-border payment network used by the European Union for Euro transactions.
Asset management company 3iQ's two ETH funds will begin staking ETH
Canadian digital asset management company 3iQ's two ETH funds, The Ether Fund and The 3iQ Ether ETF, will stake their holdings of ETH starting from August 28, 2023. The funds will receive rewards in the form of ETH, which will be reflected in the funds' net asset value and increase their exposure to ETH.
As the custodian of the funds, Coinbase Custody Trust Company, LLC will also provide institutional staking infrastructure for ETH staking.
Binance will launch MDT 1-20x U perpetual contract
According to the official announcement, Binance will launch MDT 1-20x U perpetual contract on June 30th at 20:00 (GMT+8).FTX: Customer claim proof needs to be filed before September 29th
FTX announced that the deadline for customers to submit proof of claim has been set for 4:00 PM Eastern Time on September 29, 2023. To simplify the process, an online claims portal has been launched. If a court signs an order on the relevant motion around July 3, the website will be activated.
Coinbase will add HNT to its asset listing roadmap
Coinbase has added Helium (HNT) to its asset listing roadmap.
BAYC New Game HV-MTL Forge Season 1 will be launched on June 29th
Bored Ape Yacht Club (BAYC) has released the official game guide for HV-MTL Forge. The game consists of a total of 6 seasons, with 6 opportunities for upgrades, allowing players to evolve HV into Evo2. The first season will launch on June 29th, and after the first three seasons, a new game portal will be opened, but it will only be available to specific users. HV-MTL Forge is a hybrid pet game and casual world-building game that ultimately becomes a competitive underground dungeon exploration game.
Worldcoin will launch its identity protocol World ID in Germany.
The blockchain identity project Worldcoin has announced integration with Okta and is launching its identity protocol World ID in Germany. World ID uses biometric data to verify users, helping applications distinguish between humans and bots, and is more privacy-focused than other methods such as Google sign-in.
It is reported that Okta is an identity and access management software provider with "hundreds of millions of users". Okta's Auth0 marketplace now offers the option to "login with Worldcoin". (CoinDesk)
The development team of Mina, a lightweight blockchain protocol, O(1) Labs, has submitted a proposal to Optimism (now renamed as OP Mainnet) suggesting the application of its zero-knowledge proof technology based on MIPS zkVM to OP Stack fraud proof. The MIPS function, in addition to the local high-performance snarkyJS, also allows the use of a general-purpose language to write applications.
NFT infrastructure protocol Cardinal will gradually shut down
The NFT infrastructure protocol Cardinal announced on social media that "the team has decided to gradually end the protocol. The team members have made every effort to cope with this extremely difficult macroeconomic environment, but it is still difficult to find products that are suitable for the market."
BlockBeats previously reported that in July last year, Cardinal completed a $4.4 million seed round of financing, with Protagonist and Solana Ventures leading the investment, and Animoca Brands, Alameda Research, Delphi Digital, and CMS Holdings participating.
NFT project Cool Cats has announced that it will collaborate with a well-known game developer to launch three new games and upgrade the Cool Pets series. In addition, the universal token MILK within the Cool Cats game will stop generating after July 27, 2023. It is expected that the final MILK token destruction activity will be launched this summer, providing physical and digital rewards for those who destroy MILK. Specific details will be announced in the coming weeks.
Mastercard is building a testing platform MTN and will first explore tokenized bank deposits.
According to CoinDesk, Mastercard is building a testing platform called Multi-Token Network (MTN), which will first explore tokenized bank deposits and launch a test version in the UK this summer. Raj Dhamodharan, Mastercard's head of cryptocurrency and blockchain, said that many banks and financial institutions have been invited to participate in the testing, and MTN plans to begin testing central bank digital currencies (CBDCs) and regulated stablecoins at the appropriate time.Ethereum co-founder Vitalik Buterin responded to the question of "How do you view the advantages and disadvantages of MPC-based (EOA) wallets and smart contract wallets?" in his Twitter AMA. He stated that MPC-based EOA wallets have fundamental flaws because they cannot revoke keys (re-sharing does not count, old holders can still recover keys). Smart contract wallets are the only choice.
Coinbase: SEC has no jurisdiction over cryptocurrencies on Coinbase platform
According to CoinDesk, cryptocurrency trading platform Coinbase claimed in its first legal response to regulatory lawsuits that the digital assets listed on the platform are not under the jurisdiction of the US Securities and Exchange Commission (SEC).
In early June, the SEC sued Coinbase, accusing it of offering more than a dozen cryptocurrencies through wallets or trading platforms that were unregistered securities. In its response submitted earlier on Thursday, Coinbase claimed that these cryptocurrencies are not investment contracts and therefore not securities.
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A certain whale has withdrawn a total of about 170,000 COMP from Binance
According to Lookonchain monitoring, a wallet starting with 0x0D5 deposited 3 million USDT into Binance on June 26th. Today, the address withdrew 50,000 COMP (approximately 2.26 million USD) and 120,000 COMP (approximately 5.53 million USD) in two separate transactions from Binance.
Azuki floor price temporarily reported at 8.98 ETH, 24-hour decline of 10%According to OpenSea page data, the floor price of Azuki is currently reported at 8.98 ETH, with a 10% decrease in the past 24 hours. The trading volume in the past 24 hours has decreased by 43%, reaching 6,454 ETH. In addition, the floor price of Azuki Elementals series is currently reported at 1.40 ETH, and the floor price of BEANZ Official series is currently reported at 0.63 ETH.
Grayscale's GBTC negative premium rate narrows to 31.61%According to Coinglass data, the current total position of Grayscale is 26.446 billion US dollars, with a daily decline of 1.22%. The Grayscale GBTC negative premium rate has narrowed to 31.61%. The premium rates of other mainstream currency trusts are as follows: ETH: -44.84%; ETC: -58.43%; LTC: -38.31%; BCH: -13.71%.
Bitcoin briefly fell below $30,000 in the early hours of today, with a 24-hour decline of 2.11%.
According to OKX market data, Bitcoin briefly fell below $30,000 early this morning and is currently trading at $30,064, down 2.11% in the past 24 hours.Compound founder establishes new financial company Superstate, completes seed round financing
Compound founder Robert Leshner announced the establishment of a new company, Superstate, aimed at creating regulated financial products that connect traditional markets and the blockchain ecosystem. The company will use the Ethereum blockchain as a supplementary recording tool to create a short-term government bond fund. The team submitted a preliminary prospectus for the Superstate short-term government bond fund to the US Securities and Exchange Commission on Monday.
Superstate has completed its seed round of financing, and the specific amount of financing has not been disclosed. ParaFi Capital, 1kx, Cumberland, CoinFund, and Distributed Global participated in this round of financing.
The NFT-native bullish option protocol Hook Protocol announced the completion of a $3 million financing round, with Collab+Currency and Lattice leading the investment. Other participants include Slow, Sfermion, Maven11, Contrary, gmoney, jdh, Salvino D'Armati, Flamingo DAO, Neon DAO, and The LAO. The funds from this round will be used to build the protocol.
In addition, the new incentive program Hook Treasure Hunt has also launched today to reward early adopters who create liquidity option markets on Hook.
LBank Labs announced the completion of its investment in ArkStream Capital.LBank Labs announced its investment in the well-known fund management company, ArkStream Capital. With its strategic and cautious investment approach, ArkStream Capital has successfully invested in more than 70 startups, including renowned projects such as Flow, SEI, Republic, Manta, LiveArtX, and Mask. ArkStream Fund II will prioritize investments in startups with practical applications and consumer-oriented products. The fund's investment projects include MOVE Layer-1 project Linera, the largest Web3 gaming information platform Polkastarter Gaming, and infrastructure solution Particle Network. ArkStream Capital is the ninth fund in LBank Labs' FOF strategic investment and plans to continue expanding FOF investments in the coming months to strengthen cooperation and network effects among investment portfolios.
伊斯兰加密项目 Islamic Coin 完成 2 亿美元新一轮融资 Translation:
According to Bitcoin.com, Islamic Coin, a cryptocurrency project that complies with Islamic law, announced that it has received a $200 million investment from digital asset investment company ABO Digital, bringing its total funding to $400 million.
Islamic Coin also announced a partnership with UK-based company DDCAP Group to develop several Web3 solutions for Islamic finance. Islamic Coin claims to be "building a game-changing financial platform that combines the ethics and traditions of Islamic finance."
It is reported that Islamic Coin is built on its own Haqq blockchain and is designed to strictly comply with Islamic financial rules and traditions. Last August, Islamic Coin completed a $200 million private placement and claimed to have received approval from Fatwa (Islamic law precedent) for its cryptocurrency project.
Ethereum's 2023 academic grant program has allocated over $2 million to 43 projects.
The Ethereum Foundation has announced the recipients of its academic grants for 2023 and the allocation of funds, receiving over 250 applications and providing over $2 million in funding to 43 projects from 21 countries across various categories including cryptography, economics and MEV, execution layer, formal verification, P2P networks, security, and social and regulatory issues. The grant recipients include ZK-Harness, Dynamic Analysis Framework for EVM, and more.
According to Zdnet Korea, on-chain analysis company CryptoQuant's developer, Team Blackbird, has completed an 850 million Korean won (approximately $6.47 million) Series A funding round, led by Atinum Investment, with participation from IMM Investment, SK, Base Investment, and HillSpring Investment.
Team Blackbird has raised a total of 1.2 trillion Korean won in funding, which will be used to advance business development and attract talent. The company is currently conducting large-scale recruitment in various functional areas, including development, planning, marketing, and human resources.
Biden: Will Eliminate Tax Loopholes for Cryptocurrencies and Hedge Funds
The US President Biden stated in a speech that he will eliminate tax loopholes for cryptocurrency and hedge funds, and that the wealthy and large corporations must pay their fair share of taxes. (Jinshi)
CFTC Technology Advisory Committee to Discuss DeFi, DAO and Other Issues at July Meeting
According to The Block, the US CFTC Technology Advisory Committee plans to hold a meeting at its Washington DC headquarters on July 18 to discuss DeFi and the recent successful lawsuit against Ooki DAO by regulatory agencies.
The committee's founder and CFTC commissioner, Christy Goldsmith Romero, stated in a statement on Wednesday that "in addition to other DeFi issues, we will also discuss DeFi models such as DAO and the committee's recent Ooki DAO case."
BlockBeats previously reported that on June 12th, due to Ooki (formerly bZx) DAO's failure to respond, the US Commodity Futures Trading Commission (CFTC) recently won a default judgment against the organization. The ruling established a precedent for DAOs to be held liable for illegal behavior as "persons" under the Commodity Exchange Act, and the court found that Ooki had violated the laws in question. This precedent may open the door for future actions against DAOs and DEXs in the near future. Ooki DAO has been ordered to cease operations in the United States.
韩国国会政治委员会将虚拟资产听证会日期推迟至 7 月 20 日 Translation:
According to ET News, the Political Affairs Committee of the South Korean National Assembly announced that the virtual asset hearing originally scheduled for 10:00 am on July 11th will be postponed to July 20th. It is understood that there are still differences regarding the purpose, scope, and list of witnesses attending the hearing.
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