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Daily Legal News | Nobody NFT floor price breaks 0.9 ETH; Farcaster DAU activity reaches a new historical high.

2024-02-05 09:57
Read this article in 11 Minutes
Good morning! Here is a summary of important news in the cryptocurrency industry from last night and this morning on February 5th.

Selected News:

1. Nobody NFT floor price breaks 0.9 ETH;

2. Kenetic Capital transferred another 1 million RNDR tokens to Binance 9 hours ago, equivalent to approximately 4.86 million US dollars.

3. Atomicals Protocol has launched the first ever permanently mineable ARC20 token, infinity;

4. Data: Farcaster DAU activity reaches a new historical high;

5. Worldcoin responds to Hong Kong regulatory investigation: The foundation fully complies with relevant regulations and has no intention of obtaining personal privacy.


Price Observation


Nobody NFT floor price breaks 0.9 ETH

On February 5th, according to Blur market data, the floor price of Nobody NFT, released by Nobody in collaboration with Stephen Chow, has exceeded 0.9 ETH and is currently trading at 0.925 ETH, with a trading volume of 3287.16 ETH.


The initial issuance price for this series of NFTs is 0.19527 ETH.


Ethereum Layer2 TVL reported at $21.3 billion, with a 1.07% decrease in the past 7 days.

On February 4th, according to L2BEAT data, the total value locked (TVL) in Ethereum Layer2 is 21.3 billion US dollars, with a 7-day decrease of 1.07%. The top five locked values are:


Arbitrum One (USD 10.67 billion, 1.38% increase on the 7th).

OP Mainnet (USD 5.21 billion, 2.31% decrease in 7 days);

Manta Pacific (USD 1.53 billion, 7-day decline of 11.02%).

Base (US$733 million, up 2.77% in 7 days);

Metis (US$615 million, 12.27% drop on the 7th).



NUTS breaks $1.8, hitting a new all-time high

On February 4th, according to market data, NUTS broke through $1.8, setting a new historical high. It is currently priced at $1.82, with a 24-hour increase of 51.17%.


Farcaster ecosystem meme coin DEGEN up more than 90% in 24 hours

On February 4th, according to market data, Farcaster's ecological meme coin DEGEN is now priced at $0.003383, with a 24-hour increase of 93%.


It is reported that DEGEN will be launched in January 2024 by the Degen channel community on Farcaster, and will be distributed through airdrops to active members of the community.


Transaction Tracking


Kenetic Capital transferred another 1 million RNDR tokens to Binance 9 hours ago, worth approximately $4.86 million.

On February 5th, according to Spot On Chain monitoring, Kenetic Capital deposited 1 million RNDR (4.86 million USD) into Binance about 9 hours ago.


Since December 24th, 2023, Kenetic Capital has transferred 2.5 million RNDR funds to Binance at a price of approximately $4.83 ($12.06 million).


Currently, Kenetic Capital still holds 4.1 million RNDR tokens (worth $18.7 million). The expected total profit is $4.45 million (+24.7%).


A certain whale transferred 12,600 ETH worth approximately $29 million from Binance 10 hours ago.

























Regulatory News


Nayib Bukele has been re-elected as the President of El Salvador.

On February 5th, according to CoinDesk, the Supreme Electoral Court of El Salvador announced the preliminary results of the day's election. The current president, Nayib Bukele, successfully won re-election and will soon begin another five-year term. He will be inaugurated on June 1st of this year, making Nayib Bukele the first president in El Salvador's democratic era to be re-elected for a second term.


It is reported that Nayib Bukele has been serving as the president since 2019. In 2021, El Salvador became the first country to adopt Bitcoin as a legal tender.


Bitcoin mining company Bit Brother received a notice of delisting from Nasdaq.

On February 4th, Bit Brother Limited disclosed that the company has received a delisting notice from NASDAQ, which was issued on January 30th. The notice stated that NASDAQ intends to delist Bit Brother in accordance with the power granted by Rule 5101 of the NASDAQ Listing Rules.


The decision was made based on concerns raised by certain warrants with cashless exercise clauses registered and issued by Bit Brother Company on October 25, 2023 and December 5, 2023, as well as the related public interest concerns arising from such transactions.


However, this delisting notice will not immediately affect the listing and trading of Bit Brother Limited. NASDAQ has allowed it to participate in a hearing on February 27th to provide explanations. Before the hearing process is completed, NASDAQ will continue to suspend any trading halt or delisting actions.


Worldcoin responds to Hong Kong regulatory investigation: Foundation fully complies with relevant regulations, has no intention of obtaining personal privacy

On February 4th, Worldcoin responded to the Hong Kong regulatory investigation incident to BlockBeats. Worldcoin stated that its vision is to help people access and participate in the global digital economy while protecting user privacy. Worldcoin's iris scan is not intended to obtain personal privacy and is only used to verify user identity. Therefore, any sensitive information used for verification will be immediately deleted by default.


Worldcoin welcomes regulatory agencies and consumers, including the Office of the Privacy Commissioner for Personal Data (PCPD), to inquire and seek information about their project through various channels. The Worldcoin Foundation is committed to fully complying with all relevant laws and regulations governing the processing of personal data in the Worldcoin operating market, including but not limited to the Hong Kong Personal Data (Privacy) Ordinance.


Previously, according to Hong Kong media reports, the Hong Kong Privacy Commissioner for Personal Data is investigating WorldCoin for suspected illegal collection of customer iris data.


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