Daily Legal News | Binance's recent listed projects have experienced a general uptrend, with multiple currencies seeing a 24-hour increase of over 20%; the Starknet community briefly opened and then suspended a limited-time NFT minting activity.
Selected News:
1. Starknet community has suspended its 24-hour limited-time NFT minting event and may resume issuance within a few days.
2. SlowMist: has successfully intercepted some of the stolen funds from BitBrowser, and will officially intervene after the case is filed.
3. Recently, Binance's newly listed projects have experienced a general uptrend, with multiple currencies seeing a 24-hour increase of over 20%.
4. Shanxi police cracked down on a "money laundering" criminal gang that used gold and virtual currency to sell stolen goods, with a total amount involved of 135 million yuan.
5. Binance will soon suspend BNB Smart Chain (BEP20) network deposits and withdrawals to support network upgrades and hard forks.
Project Updates
XShares DApp test version officially released, and launched airdrop activity.According to official sources, the Web3 mobile application XShares DApp test version will be officially released at 20:00 on August 30th, and the airdrop activity will be launched simultaneously. The Xshares team invites Friend.tech users to participate in its internal testing. Users who participate in the testing activity will receive additional token airdrop rewards. Xshares.io is a Friend.tech imitation XFi project that aims to use a unique Web3 creator incentive model to achieve the fan economy of KOL on the X platform (formerly Twitter). The project contract has passed the audit of the security agency CertiK.
Binance Japan plans to increase the number of listed tokens to about 100, triple the current amount
According to Bloomberg, at the business briefing on August 30th, Binance Japan, the Japanese subsidiary of the world's largest cryptocurrency exchange company Binance Holdings, revealed plans to handle about 100 cryptocurrencies in the early stage, which will triple the number of cryptocurrencies it handles currently. Binance Japan will select promising currencies from over 350 trading pairs worldwide and discover and provide unique currencies in Japan. The representative of Binance Japan, Tsuyoshi Chino, expressed his hope that the cryptocurrencies handled in Japan will become the "first case" and actively participate.
Solana ecosystem DeFi derivative trading platform Zeta Markets launches v2 version
Solana-based DeFi derivatives trading platform Zeta Markets has launched its v2 version, which includes a cross-margin mode. Zeta Markets announced an $8.5 million funding round led by Jump Capital in December 2021.
Starknet Ecosystem announced that due to network load issues, the 24-hour limited-time "Starknet Quantum Leap" NFT minting event scheduled for this afternoon has been temporarily suspended, and it may resume issuance in a few days.
Binance will delist ANKR/BNB, KLAY/BUSD and other spot trading pairs on September 1st
Binance announced that it will remove the following spot trading pairs and stop trading on September 1, 2023: ANKR/BNB, CVC/BUSD, EPX/BUSD, HIVE/BUSD, IOTA/BNB, KLAY/BUSD, LRC/BNB, MBL/BUSD, MTL/ETH, UMA/BUSD.LayerZero Labs supported composable native asset bridge Altitude is now live.
The composable native asset bridge Altitude, supported by LayerZero Labs, is now live. It is reported that Altitude is integrated with LayerZero to provide support for asset bridging between Ethereum, BNB Chain, Avalanche, Arbitrum, Polygon, Optimism, and Fantom.
Avalanche has launched a new cross-chain communication protocol called Teleporter, which is now available for testing.According to official sources, Avalanche has announced the launch of a new cross-chain communication protocol called Teleporter, which is now available for testing. Teleporter is built on Avalanche's native communication protocol, Avalanche Warp Messaging (AWM), and is designed to provide a simple, native way for smart contract developers to call contracts on other EVM-based chains within Avalanche.
Binance will support Chiliz (CHZ) 2.0 mainnet integration and exchange
According to an official announcement, Binance will support the integration and exchange of Chiliz (CHZ) 2.0 mainnet, including Chiliz (CHZ) tokens and all Chiliz fan tokens on Binance. Chiliz's fan tokens include: AC Milan (ACM), Roma (ASR), Atletico Madrid (ATM), Barcelona Football Club (BAR), Manchester City (CITY), Juventus (JUV), OG (OG), and Paris Saint-Germain (PSG).BlockBeats News, recently, OpenSea announced the release of two Ethereum comment requests (ERC-7496 and ERC-7498) and two Seaport improvement proposals (SIP-14 and SIP-15) to promote the development of the redeemable ecosystem. Redeemable NFTs allow redemption to receive another on-chain or off-chain item. OpenSea has released a public concept verification to illustrate the experience, allowing the minting of Baby Burn eggs on the OpenSea Drop page, and then going to the exchange page to destroy the egg and exchange it for Burnie. Afterwards, OpenSea will directly launch on-chain redeemable support to all creators on OpenSea, and will also expand the on-chain redemption standard, making it easier for creators to link items in their series to off-chain exchange experiences outside of OpenSea, while still tracking the exchange status on-chain through features or destruction.
Funding
Derivatives trading platform Coral Finance receives $500,000 investment from Momentum Capital
The derivative trading platform Coral Finance, built on the modular blockchain Nautilus Chain, announced that it has received a $500,000 investment from Momentum Capital. As previously reported by BlockBeats, on August 21st, according to official sources, the modular blockchain Nautilus Chain has launched its mainnet. Nautilus Chain was created by the Zebec Foundation and is a Layer3 modular blockchain that allows developers to customize the execution layer, settlement layer, and data availability layer according to their needs. The development of Nautilus Chain is aimed at promoting Zebec's large-scale instant payments.
Regulation
According to CCTV News Client, recently, the Taiyuan police in Shanxi Province started from a clue of a large-scale gold transaction and dismantled a criminal gang that provided "money laundering" services for the telecommunication fraud gang using gold transactions. Up to now, a total of 15 criminal suspects have been arrested, involving more than 127 telecommunications network fraud cases across the country, with a total amount of 135 million yuan.
The Japanese Ministry of Finance has announced its financial policy guidelines for the 2023 fiscal year (July 2023 to June 2024), which include promoting digital development and measures to implement digital currencies and encrypted assets for the advancement of Web3. This includes the establishment of a registration and review system to support the smooth issuance and circulation of stablecoins, as well as encouraging the formation of self-regulatory organizations.
The EOS Foundation has announced that EOS tokens have been approved for the whitelist of the Japan Virtual Currency Exchange Association (JVCEA), paving the way for EOS tokens to be traded against the Japanese yen on regulated cryptocurrency exchanges in Japan. Trading is set to begin in mid-September on BitTrade, a cryptocurrency exchange licensed and regulated by the Japanese Financial Services Agency (FSA).
23pds, Chief Information Security Officer of SlowMist, posted on social media that "Regarding the situation of a large number of users of Bit Browser being stolen, we have successfully intercepted some of the laundered funds in cooperation with our partners. Bit Browser is currently being filed, and if the filing is successful, SlowMist will officially intervene."
Wugong County police cracked a money laundering case involving more than 50 million yuan. The gang transferred fraudulent funds through virtual currency transactions and other means.According to the report from the Xianyang Public Security Bureau, recently, the Public Security Bureau of Wugong County, Xianyang City, Shaanxi Province, conducted a thorough investigation into a "card-related" case, which involved multiple money laundering links such as "renting and lending cards", "buying and selling cards", and "domestic organizers". The investigation led to the dismantling of an "industry chain" that provided money laundering services for telecommunications fraud in the country. 18 people were taken into custody by criminal compulsory measures, 13 people were administratively punished, 70 mobile phones and bank cards involved in the case were seized, and 70,000 yuan in cash was recovered. It has been found that overseas fraudsters organized and contacted domestic "money laundering" groups led by Wang and Liu through social networking software, and transferred the fraud funds of overseas fraud groups through offline cash withdrawal, online virtual currency transactions, and false online shopping platforms. The amount involved in the case was as high as more than 50 million yuan. Currently, the case has been transferred for prosecution.
Data
According to ETtoday, Delio, a South Korean cryptocurrency financial company, has disclosed its platform's deposit scale and estimated losses for the first time after suspending withdrawals for more than two months. The deposit scale of the Delio platform is about 90 billion Korean won (approximately 6.795 million US dollars), and the estimated loss rate is currently between 30-50%. Delio stated that the final loss rate can only be confirmed after the completion of measures such as the recovery and liquidation of operating assets, so this is currently only an estimate; this number is not final and may change depending on the situation; if the final loss scale is determined in the future, additional compensation will be prepared based on this.
Canadian cryptocurrency company DMG Q3 revenue of CAD 7.5 million, producing 195.7 BTC
BlockBeats News, on August 29th, DMG Blockchain Solutions Inc., a Canadian cryptocurrency company, released its audited financial results for the third quarter of 2023. The report shows that the revenue for this quarter was CAD 7.5 million, the number of bitcoins mined was 195.7, the achieved hash rate was 0.8 EH/s, the net loss was CAD 4.3 million, and the net loss per share was CAD 0.03.
According to market data, due to positive news such as progress in the grayscale and SEC cases, Binance's recent listing projects have seen a general rise in prices, with multiple currencies experiencing a 24-hour increase of over 20%. Among them, ARKM's 24-hour increase reached 23%, reaching a high of $0.458; MAV's 24-hour increase reached 16%, reaching a high of $0.234; WLD's 24-hour increase reached 10.19%, reaching a high of $1.385; SEI's 24-hour increase reached 27%, reaching a high of $0.1548; and CYBER's 24-hour increase reached 131%, reaching a high of $8.793.
Since the Velodrome development team deployed the fork protocol Aerodrome on the Base network built by Coinbase yesterday, the total locked amount of the protocol has reached $1.62 million. Velodrome Finance is the decentralized trading protocol with the largest total locked amount and revenue on the OP Mainnet (formerly known as Optimism).
Santiment: Whales hoarded over $380 million worth of BTC one day before the grayscale victory news
The encryption analysis company Santiment said that whales may have some knowledge of the results of the Grayscale and SEC lawsuits, because on the day before the news was released, wallets holding 10 to 10,000 bitcoins accumulated a total of 388.3 million US dollars worth of bitcoins, and these addresses therefore received generous returns. [Original Link]
Data: Ethereum bridged to Base has exceeded 100,000 coins
Coinbase Protocol Manager Jesse Pollak posted on social media that the number of Ethereum bridged to the Base network has exceeded 100,000.
According to Globe Newswire, Canadian listed company BIGG Digital Assets (BIGG) has released its Q2 financial report, with total revenue for the quarter at $1.35 million. Of this, its subsidiary cryptocurrency trading platform Netcoins generated revenue of $1.02 million, while Blockchain Intelligence Group generated revenue of $330,000. As of June 30, 2023, BIGG Digital Assets had $12.3 million in cash and cryptocurrency in its treasury, with no debt. In addition, Netcoins currently holds approximately $66 million in client assets under custody.
friend.tech: Key holders' next-day retention rate exceeds 75%, and weekly retention rate exceeds 50%
friend.tech disclosed platform data showing that about 20,000 Key holders view room messages daily, with a retention rate of over 75% the following day and over 50% for the week. In addition, active Key holders use friend.tech for an average of over 30 minutes per day.
Bitcoin mining company Cathedra Bitcoin Q2 revenue of $2.14 million, producing 77.15 BTC
According to Business Wire, Cathedra Bitcoin, a bitcoin mining company, released its Q2 financial report ending on June 30, 2023. The company's mining business produced 77.15 BTC in Q2, a YoY increase of 33.8%. Q2 revenue was 290 Canadian dollars (approximately 2.14 million US dollars), a YoY increase of 16%. As of August 29, 2023, Cathedra Bitcoin held approximately 3.7 million Canadian dollars in cash and 19.55 BTC, with a total liquidity of approximately 4.4 million Canadian dollars. The company's active bitcoin hash rate in six mining sites across four states in the United States totaled 387 PH/s.
Rollup.Finance independent user address number exceeds 100,000.
The decentralized perpetual contract trading platform Rollup.Finance has surpassed 100,000 independent user addresses. According to data from its official website, the platform has reached 100,426 independent user addresses, with a total trading volume of over $40 million. According to DefiLlama data, Rollup.Finance's TVL (total value locked) has reached $1,413,209.07, ranking 10th in the zkSync Era ecosystem and 1st in the derivatives track. Rollup.Finance is a community-driven decentralized derivatives trading platform, first launched on zkSync Era, supporting up to 1000x leverage trading and perpetual contract trading.
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
Related Articles
