Selected News:
1. App Store will list the blockchain game Axie Infinity.
2. Litecoin block rewards are expected to be halved on August 3rd, with less than 78 days remaining.
3. Foreign media: Licensed cryptocurrency companies still face difficulties in opening bank accounts in Hong Kong, possibly due to unclear policy details.
4, Starknet Foundation announces the first batch of EAG funding projects, with a total of 67 teams receiving funding.
The 9th Shanghai Blockchain International Week, hosted by Wanxiang Blockchain Lab, will be held in Shanghai from September 15th to 20th.
6、Lookonchain: DWF Labs bought LADYS again for 135 ETH.
ABCDE Capital announced investment in CoinCatch, a cryptocurrency derivatives trading platform.
ABCDE Capital announced on its social media platform that it has invested in the cryptocurrency derivatives trading platform CoinCatch. The investment amount has not been disclosed. The platform focuses on social trading for KOLs, allowing them to share trading strategies with their followers.
数字音乐平台 Unitea 完成 700 万美元种子轮融资,1st Class Guernsey 等参投
Translation:The digital music platform Unitea announced the completion of a $7 million seed round of financing, led by 1st Class Guernsey, Chaos Capital, TokenSociety, and Fuel Venture Capital. Unitea will use the funds raised to further expand its capabilities within and outside the music industry. Unitea aims to incentivize fans to support their favorite artists through a "earn while participating" model, where fans can earn digital tokens called Karma by sharing music and creating content. These tokens can be exchanged for exclusive rewards, from customized digital assets to concert tickets and artist meet-and-greets.
Web3 digital entertainment company AnotherBall has completed a $2.2 million angel round of financing, led by Hiroaki Kitano, Chief Technology Officer of Sony Corporation, Jaynti Kanani, founder of Polygon, Suji Yan, Chief Technology Officer of Mask Network, Kevin Lin, co-founder of Twitch, and Rehito Hatoyama, advisor to Chiru Labs, the developer of Azuki. AnotherBall also announced the launch of "IZUMO", a VTuber virtual anchor project for the AI and Web3 era, with the mission of using VTubing technology to build a sustainable platform that allows everyone to live freely in the Web3 space.
生成式 AI 初创公司 Together 完成 2000 万美元种子轮融资,Lux Capital 领投
Translation:Generative AI startup Together completes $20 million seed round financing, led by Lux Capital
According to an official announcement, Together, a generative AI startup, has announced the completion of a $20 million seed round of financing, led by Lux Capital, with participation from PayPal co-founder Scott Banister, OpenSea co-founder Alex Atallah, and Uniswap COO MC Lader. It is reported that Together has established partnerships with decentralized infrastructure providers, open source communities, and academic and corporate research labs. Through its research on distributed optimization, it has built a dedicated cloud platform for large-scale model construction, which can effectively expand training and inference. The platform is planned to be opened for access in the coming months.
金融科技公司 Jia 完成 430 万美元融资,TCG Crypto 领投 Translation:
Fintech company Jia completes $4.3 million financing, led by TCG Crypto
Blockchain fintech company Jia has completed a $4.3 million financing round, led by TCG Crypto and including BlockTower, Hashed Emergent, Saison Capital, and Global Coin Research. Individual investors include Not Boring founder Packy McCormick, Canonical Crypto's Anand Iyer and Jared Hecht, and Rory Eakin, founders of fintech lending companies Fundera and CircleUp. Jia aims to provide loans to small and micro enterprises in emerging markets. This round of financing will be used to expand into the Kenyan and Philippine markets, as well as explore emerging markets in West Africa, Latin America, and Asia.
App Store will list blockchain game Axie Infinity
According to The Block, Jeffrey Zirlin, co-founder of Sky Mavis, stated that "Axie Infinity: Origins" will be available on the Apple App Store in some countries in Latin America and Southeast Asia. Apple stated in a statement that Apple users in countries including Argentina, Colombia, Peru, Mexico, Venezuela, Indonesia, Malaysia, and Vietnam can download this game.
Litecoin block rewards are expected to halve on August 3, with less than 78 days remaining.
According to litecoinhalving data, the Litecoin (LTC) block reward halving is expected to occur on August 3, 2023, with less than 78 days remaining. At that time, the block reward will be reduced from 12.5 LTC to 6.25 LTC.
According to an official announcement, the Starknet Foundation has officially announced the first batch of EAG (Early Adopter Grants) funding projects, with a total of 67 teams receiving funding, covering areas such as NFT, infrastructure, DeFi, and DID. The total budget for EAG is as high as 10 million STRK, which will be allocated to ecological project parties through multiple rounds of selection, with the aim of providing early impetus to the Starknet ecosystem through actual on-chain deployment.
The 9th Shanghai Blockchain International Week, hosted by Wanxiang Blockchain Labs, will be held from September 15th to 20th in Hongkou District, Shanghai in 2023. The event consists of three parts: Hackathon, Open Day, and Blockchain Global Summit, which will focus on application innovation, ecological prosperity, and in-depth sharing.
Binance announced on its social media platform that it will destroy a large amount of Binance-pegged USDT and USDC on the BNB Chain today. The equivalent tokens will then be released and used as collateral on its native network.
Greenland Holdings, a subsidiary of Greenland Financial Investment Holdings Group, plans to apply for a Hong Kong virtual asset license. During an interview in Hong Kong last week, Greenland Financial Technology Chairman Geng Jing revealed that the company will establish a new subsidiary focused on virtual asset trading. The new company will focus on trading cryptocurrencies, NFTs, and products related to carbon emissions. It is reported that the Shanghai Municipal Government holds 46.4% of Greenland Holdings' shares.
The cryptocurrency trading platform Coinbase has announced a temporary suspension of ETH staking reward payments due to a minor technical issue. Coinbase stated that ETH staking will not be affected and rewards will still be earned and paid out. The team expects to resolve the issue within the next 72 hours.
According to official sources, the lightweight blockchain Mina has launched the first ecosystem DEX project, LuminaDEX, which will support zkKYC to achieve compliant and scalable DeFi.
According to official sources, Find Satoshi Lab, the developer of STEPN, has established a strategic investment department, with its first investment project being the smart contract wallet Versa. In addition, FSL also invested in the HypeSaints project, the winner of the Mooar Launchpad Season1 in April this year. In the future, FSL's strategic investment department will support more teams that are willing to develop products for users, help them grow, and prepare for the next large-scale adoption cycle.
Lightning Labs has launched Taproot Assets v0.2, which is now live on the testnet.
Bitcoin Lightning Network developer Lightning Labs has announced the release of Taproot Assets v0.2 (formerly known as Taro), a scalable protocol for issuing assets on the Bitcoin and Lightning networks. This version provides a core set of features for developers who wish to publish, send, receive, and discover assets on the Bitcoin blockchain, currently on the testnet with mainnet support coming soon. Lightning Labs will then submit the finalized Taproot asset specification as an official BIP series to the community, merge the Taproot channel, release a BLIP describing Lightning Network feature additions, and finally launch the first testnet Taproot asset payment channel on the Lightning Network.
According to the investment report released by OKX Ventures in March-April 2023, a total of five projects were invested in, including Berachain, Taiko, Sei Network, Cetus, and AlienSwap, covering multiple hot tracks such as public chains, ZK ecology, Move ecology, and NFT infrastructure. It is reported that OKX Ventures focuses on exploring high-quality global projects, supporting cutting-edge blockchain technology innovation, investing in long-term structural value, and has invested in over 300 projects in 5 continents in just 2 years, with a current fund size of approximately $1 billion, covering almost all tracks in the investment landscape.
Lookonchain: DWF Labs buys LADYS again for 135 ETH
According to Lookonchain's monitoring, DWF Labs has just bought LADYS again for 135 ETH (approximately $245,000), with an average purchase price of 0.000000104 USD.
AXS short-term increase exceeds 9%, now priced at $7.63
According to OKX market information, AXS has surged over 9% in the short term and is now priced at $7.63. Earlier, Sky Mavis co-founder Jeffrey Zirlin announced that "Axie Infinity: Origins" will be available on the Apple App Store in some countries in Latin America and Southeast Asia.
Polygon zkEVM TVL increased by 70% last week, reaching a new all-time high
Polygon announced that the TVL of Polygon zkEVM increased by 70% week-on-week, which is the largest weekly increase since its launch. The daily trading volume exceeded 13,000 on Sunday last week, reaching a new historical high.
According to Etherscan data, between 01:51 and 01:53 Beijing time today, an address starting with 0x73af transferred 20 trillion SHIB tokens in 4 transactions to an address starting with 0x40b3, with a total value of approximately $176 million. The 0x73af address currently still holds 2.6 trillion SHIB tokens.
外媒:持牌加密公司在香港仍难以开设银行账户,或因政策细节不明朗 Translation:
According to CoinDesk, as cryptocurrency companies strive to restore Hong Kong's status as a cryptocurrency hub, the number of applications for cryptocurrency companies to do business in Hong Kong is increasing. However, these companies are finding it difficult to open bank accounts in Hong Kong. Companies that are applying for licenses have revealed that the Securities and Futures Commission (SFC) of Hong Kong, which has only 8 officials handling about 80 applications, is causing difficulties even for licensed companies in opening bank accounts.
Although the Hong Kong Monetary Authority (HKMA) has reminded banks that they are not prohibited from providing accounts to cryptocurrency companies, it organized a roundtable meeting last month with banks and cryptocurrency companies to focus on relaxing the admission of companies that already hold or are applying for licenses. Participants said, "This is more like a wish list from regulators, and whether banks fully accept it is another matter." A senior executive of a cryptocurrency company holding a Hong Kong Type 9 license said that the company still cannot open a bank account in Hong Kong and relies on overseas bank partners. "We are not sure what additional information the bank needs, and the bank seems unsure what they want from us."
According to The Block, a new report released by the UK House of Commons Treasury Committee states that retail cryptocurrency trading is more akin to sports betting than investment and should be regulated.
A US judge has denied the SEC's request to seal the Hinman document in the XRP case.
US Judge Analisa Torres has denied the US Securities and Exchange Commission's (SEC) request to seal documents related to former official William Hinman's 2018 speech on cryptocurrency and securities in the XRP case. Judge Analisa Torres ruled that these documents are "judicial records" and must be presumed to be publicly accessible.
International regulatory bodies will release international rules for cryptocurrency assets
According to Reuters, Jean-Paul Servais, the chairman of the International Organization of Securities Commissions (IOSCO), announced at an event hosted by the Paris Fund Management Association that IOSCO will soon propose the first set of international rules for crypto assets, including how existing regulations apply to the industry. Members of IOSCO, including the US Securities and Exchange Commission, the Japanese Financial Services Agency, and regulatory bodies in the UK, Germany, and France, have pledged to adopt the organization's recommendations.
Servais stated, "The collapse of major cryptocurrency players such as FTX and recent market events have reinforced my determination to achieve this agenda. As I have repeatedly pointed out, IOSCO's recommendations will clarify to what extent existing principles and guidelines apply to cross-border virtual asset and service providers, and private finance will become a new focus of IOSCO's work this year."
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