Highlights:
1. The Bitcoin commission dropped to 88 BTC yesterday, which has declined for 7 consecutive days
2. The registered users of Worldcoin Eco-wallet "World App" are close to 1.7 million
3. Twitter's new CEO already follows Dogecoin and Shiba Inu related accounts on social media
4. BCH network has completed the hard fork upgrade, allowing developers to develop DApps on BCH
5. Ubisoft will release the Assassin's Creed NFT series, which will open for casting on May 16
6. Conflux Linkage: OG investors' CFX tokens were fully released by the end of April
CryptoHub, an Israeli encryption startup, announced that it had completed $6 million in financing at a valuation of $30 million, in which its leading investor Limited A invested $3 million in it. CryptoHub was founded by Eliran Ouzan and Shlomi Bazel in November 2021, aiming to become a technology tool and solution provider for the blockchain industry. The company is about to launch its first project, CoinScan.com, which will display encrypted trading information in real time and provide analysis and research resources.
Lifeform closed a new round of funding at a $300 million valuation, led by IDG Capital
Lifeform, a provider of visual DID infrastructure, has announced a new round of funding at a $300 million valuation, led by IDG Capital. IDG Capital will deeply participate in building the digital citizen world and provide more ecological partners for Lifeform.
Twitter's new CEO has been following Dogecoin and Shiba Inu related accounts on social media
Decrypt reports that Twitter's new CEO Linda Yaccarino has already followed Dogecoin and Shiba Inu main accounts and some affiliated accounts on social media, in addition to following multiple core contributors to the Dogecoin community on Twitter, They include Billy Markus, co-founder of the Dogecoin project, DogeDesigner, creator of the self-hosting Dogecoin wallet MyDoge, and Sir Doge of the Coin evangelist. Linda Yaccarino has spoken out in support of open source coding and digital transparency, though so far she has not publicly commented on the role Dogecoin and other cryptocurrencies might play on Twitter.
'Pudgy Penguins' set to release' Pudgy Toys' May 18
Pudgy Penguins, an NFT project, announced on social media that it plans to release Pudgy Toys on May 18. Pudgy Penguins originally debuted in February, Push its IP beyond the Web3 industry by partnering with Retail Monster, which has experience representing major brands such as Disney, DreamWorks and Hasbro. As previously reported, on May 9, Pudgy Penguins announced a $9 million funding round in the NFT bear market, led by 1kx.
The BCH network has completed the hard fork upgrade
The Coin Dance page shows that the Bitcoin Cash (BCH) mainnet has performed the hard fork upgrade as planned and activated the new rules. The updates include CashTokens and support for smart contracts, allowing developers to create DApps on BCH.
Celsius has pledged more than 40,000 ETH within three days via Figment, a pledge service provider
21.co researcher Tom Wan, citing data from Dune Analytics, reported that between May 10 and May 12, Celsius, a crypto lending platform, has pledged 40,900 ETH assets via Figment, a mortgage service provider.
PeckShield monitoring shows that Uranium Finance hacking addresses have bridged 110,000 busDs from the BNB Chain to Ethereum through the cross-chain protocol Synapse, exchanging 300,000 USDT for 162.5 ETH. Uranium Finance hacker addresses currently hold approximately $1 million worth of stablecoins on Ethereum, including 898,000 USDT and 109,000 USDC. BlockBeats previously reported that Uranium Finance, a DeFi project, was suspected to have gone astray and lost $50 million.
Coinbase posted an incident report stating that users in the UK and Canada were unable to sell or withdraw money to Paypal. The issue has now been determined and is being fixed. Coinbase said it experienced a Paypal cancellation and that user funds were safe while the team worked on the fix.
MicroStrategy is developing products to help companies deploy Bitcoin rewards applications
MicroStrategy is working on a product that will provide every business account holder with a Bitcoin wallet and lightning address, founder Michael Saylor said on its social platform, And the product allows enterprise account holders to quickly and easily develop and deploy Bitcoin rewards applications for employees, customers, prospects, and partners.
Ubisoft will release the Assassin's Creed NFT series, which opens for casting on May 16th
Gaming giant Ubisoft has teamed up with Integral Reality Labs to launch Assassin's Creed NFT series "Assassin's Creed Smart Collectibles" on Polygon, according to official sources, It will be officially opened for casting on May 16. Each cast "Digital Soul" NFT can be used to customize and redeem 3D-printed NFC-enabled physical collections. Each NFT has a different rarity level, with higher levels unlocking more custom elements. Integral Reality Labs will also release 1,500 "Piece of Eden" passes, which will give holders access to exclusive collectibles such as airdrops and priority access to 3D printing.
LayerSwap, a cross-chain and cross-tier protocol, posted on its Discord that the upgrade would begin at 8pm tonight and would last for two hours. The system upgrade will enable several important functions, including the ability to transfer funds from Starknet to other networks.
Ye Zhang and Sandy Peng, co-founders of Scroll, shared the project progress and ecological development of Scroll in the last year on Anna Rose's Zero Knowledge Podcast. As well as Scroll team building, the current layout of Layer2, achievements in Scroll hardware acceleration, and the future technology roadmap. Ye Zhang said that Scroll's priority is to launch the main net as soon as possible, and the team has already sent relevant materials to audit firms, the next step will be to implement a decentralized prover, and finally to design a decentralized sorter. Sandy said that Scroll Testing network currently has over 4 million unique wallet addresses participating, processes over 500,000 transactions per day, and more than 100 projects have submitted information to the authorities.
mint.fun Pass casting, an NFT foundry aggregator launched by Web3 wallet tracking app Context, will end at 2:00pm on May 16th Beijing time. Users can cast in its official website for free! fundrop passes and points are earned through subsequent interactions. Last April, Context announced a $19.5 million seed round led by Sam Altman, CEO of Variant Fund and OpenAI, with Dragonfly Capital and others, BlockBeats previously reported.
Online gaming platform BinaryX has announced that it will host a two-year anniversary roundtable event online on May 18 to bring together industry experts and community members to discuss GameFi's opportunities, challenges and future growth. The event will feature three roundtables on different topics, covering GameFi, Web3 market trends, AI and VR technology, and investment in on-chain games. The roundtable topics were "GameFi Performance Evaluation of the Headchain", "Web3 Opportunities, Challenges and Disruptive change-makers", and "A Speculation-Oriented Guide to Web3 Games to Watch in 2023".
Bitcoin fees fell to 88 BTC yesterday, the seventh consecutive day of decline
Bitcoin fees across the Web fell to 88 BTC yesterday, the seventh straight day of declines after reaching 635 BTC on May 8, according to Dune Analytics. Brc-20-related transaction fees (casting, transferring and deploying) fell to 21 BTC yesterday, accounting for only about 24 per cent of all Bitcoin transaction fees for the day.
The registered users of Worldcoin eco-wallet "World App" are close to 1.7 million
There are nearly 1.7 million registered users of Worldcoin Eco-wallet "World App", who have completed login authentication of websites, mobile applications and encrypted Dapps for more than 6.3 million times through World ID, and sent over 690,000 transfer transactions. The World App is the first wallet in the Worldcoin ecosystem. Users can use it to authenticate with World ID to prove they are real people, get Worldcoin tokens and send digital currency anywhere. World App currently supports WETH, WBTC, DAI, USDC, Beta WLD.
According to Dune data, the total number of Blur transactions in the NFT market has exceeded 4 million and now stands at 4,002,211, with 161,862 independent buyers for a total transaction value of 2,600,365 ETH.
Suia has overrecruited 200% within 3 minutes after launching IDO at Cetus Launchpad
Suia, an eco-social Sui app, tweeted that IDO on Cetus Launchpad was 200 percent oversubscribed in three minutes, with 1,863,554 SUI collected so far. As previously reported by BlockBeats, on May 8, Sui social app Suia.io announced the launch of Community IDO program. Within 96 hours, users can join the whitelist list as long as they have 3 followers on the platform. The total number of whitelists is 2,000. Suia.io is the application with the largest traffic of Sui main network, with more than 30W users, 60K daily activity, nearly 100 cooperative brands, and more than 15W transactions on the main network.
Stats: Alameda has unlocked more than 25 million STGS worth approximately $16.6 million
Alameda Research has unlocked 25.78 million STGS worth $16.6 million, according to on-chain analyst Ember monitoring. Alameda purchased 100 million STGS on March 18, 2022 (locked for one year, then divided into six months of linear unlock) and has unlocked more than a quarter.
In a liquidation plan filed in the US Bankruptcy Court for the District of New Jersey, BlockFi said the success of its claims against FTX and Alameda could make the difference of more than $1bn for customers waiting to get their money back. The plan also lays out a list of expected recoveries, including the liquidation of about $1.06 billion from BlockFi Inc., about $1.06 billion from interest accounts, $216 million from BlockFi Lending LLC private client accounts, BlockFi International Ltd. Private clients and interest accounts claimed $371 million.
Binance.US now offers Web3 domain services for $10
According to the official announcement, Binance.US users can now apply for personalized domain names on the platform. According to the application page, each domain is priced at $10, never expires, and is compatible with more than 50 cryptocurrencies on Binance.US. The domain is based on the NFT on the Polygon network, is associated with the Binance.US wallet and is managed by Binance.US and the NFT domain name service provider Unstoppable Domains. As BlockBeats previously reported, on April 27, Binance.US announced that it would make Web3 domain names available to its users through a partnership with Unstoppable Domains.
Unlock data this week: APE and BIT usher in large unlock
This week, more than $50 million worth of tokens have been unlocked at BIT and APE, and more than $10 million worth of tokens at ROSE and IMX are expected to be unlocked, according to Token Unlocks data. At 8 o 'clock on May 15, 187,499,999.36 bits (bitDAOs) worth approximately $91.85 million were unlocked, representing 1.951% of the total supply. At 8pm on May 17, 15,601,325 APE worth about $51.64 million, or 1.56% of the total supply, will be unlocked. At 0 o 'clock on May 19, 199,500,000 ROSE (Oasis Network) worth approximately $10.65 million will be unlocked, accounting for 1.995% of the total supply. At 18:00 on May 20, 18,075,990.71 IMX (ImmutableX) worth approximately US $13.57 million will be unlocked, representing 0.904% of the total supply.
A leaked internal memo circulated among Democrats on the House Financial Services Committee after the recess of a House hearing on cryptocurrencies, showing Democratic lawmakers advocating for the Securities and Exchange Commission (SEC) as the primary regulator overseeing cryptocurrencies. "This is not the position of the entire Democratic Party, just key Democratic members of the committee," said Ron Hammond, director of government relations for the Blockchain Association. Most Republicans and some Democrats support allowing the CFTC to temporarily regulate the physical market for crypto commodities, including Bitcoin and ETH. Republicans also support having Congress define crypto securities and commodities, while most Democrats support the position that "most tokens are securities." Currently, committee Republicans have not formally submitted a stablecoin bill proposal.
The US cryptocurrency enforcement agency at the US Department of Justice has pledged to crack down on illegal behaviour on digital platforms, saying the scale of crypto crime has grown "significantly" over the past four years, reports the Financial Times. Eun Young Choi, director of the Justice Department's National Cryptocurrency Enforcement Team, said the department is targeting cryptocurrency exchanges and the "Mixers and Tumblers" that mask transactions. To withdraw one set of bitcoins with a different address and transaction record and return another set of bitcoins of the same value). She said the DoJ was targeting companies that committed crimes themselves or allowed crimes to occur, such as facilitating money laundering.
The U.S. Secret Service will hold a Reddit AMA about cryptocurrencies
The San Francisco branch of the U.S. Secret Service will hold an AMA (Ask Me Anything) meeting on Reddit on May 15 at 11:00 Pacific time, according to a post on r/cryptocurrency. The announcement describes the campaign as educating encryption users to protect them from crime: "In San Francisco, we have a small group dedicated to keeping cryptocurrencies and their users safe. Made up of agents and analysts who embrace the currency of the future, we are eager to share our work with this cryptocurrency community and provide resources and education to help keep your money safe. We are also eager to learn from you."
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