Daily Legal Evening News | Ethereum's engraved token ETHs rose to $4,000 per unit; Reddit administrators plan to abandon MOON contract for complete decentralization of the token.
November 13th important news in the encryption industry, GN!
Selected News:
1. Ethereum's inscribed token ETHS rose to $4,000 per unit, with a 15% increase in the past 24 hours.
2. Reddit administrators plan to abandon the MOON contract to make the token completely decentralized, and MOON has risen by over 155% in the past 24 hours.
3. ERC20 and BRC20 cross-chain protocol token MUBI is now priced at $0.0062, with an opening increase of 1140%.
4. Atomicals ecological token dmint is currently priced at 116 satoshis. Due to high traffic, related platforms have experienced multiple crashes during the minting period.
5. BlackRock denies registering iShares XRP Trust in Delaware
Price Observation
MBL short-term surge over 10%, currently priced at $0.0066
On November 14th, according to market data, MBL surged more than 10% in a short period of time and is currently priced at $0.0066. Prior to this, Binance announced that it will launch MBL 1-50x U perpetual contracts on November 14th at 23:00 (GMT+8).
MUBI completed an Ethereum-based auction on the Bounce Finance platform on the 12th, with an IDO unit price of $0.00047 and a fundraising of 88 ETH. Today at 14:00, MUBI completed an IDO on the Bitcoin network donation platform TurtSat at the same unit price, raising 4.64 BTC. The total fundraising for the two auctions is approximately $350,000.
According to the official website, the MultiBit protocol aims to provide a bilateral bridge for cross-network transfer between BRC20 and ERC20 tokens.
BEAMX (formerly MC) is now priced at $0.006032, with an opening increase of 21.19%.
On November 14th, according to market data, BEAMX (formerly MC) is currently priced at $0.006032, with an opening increase of 21.19%. Prior to this news, Binance announced support for the Merit Circle (MC) token swap, incremental increase, and rebranding to Beam (BEAMX).MEME broke through $0.038 in a short time, setting a new historical high.
On November 14th, according to OKX market information, MEME briefly broke through 0.038 USD and continued to reach a new historical high before falling back. It is currently priced at 0.03596 USD, with a daily increase of 63.2%.Blue-chip NFT floor price rebounds, NFT lending protocol token BEND rises nearly 30%
On November 14th, according to Blur data, the floor prices of blue-chip NFTs have rebounded recently. Among them, the BAYC series floor price is now reported at 30.37 ETH, with a weekly increase of 6.73%; the MAYC series floor price is now reported at 5.72 ETH, with a weekly increase of 5.43%; the Azuki series floor price is now reported at 6.06 ETH, with a weekly increase of 17.06%; and the Doodles floor price is now reported at 2.21 ETH, with a weekly increase of 14.51%. In addition, the NFT lending protocol BendDAO's token BEND is now priced at $0.005476, with a 24-hour increase of 29%.
Transaction Tracking
派盾：Justin Sun withdrew 764,000 MATIC from Binance
On November 14th, according to Pai Shield monitoring, Justin Sun's address withdrew 764,740 MATIC (worth approximately $479,700) from Binance 5 minutes ago.
Celsius transferred 5160 ETH to FalconX
On November 14th, according to Lookonchain's monitoring, Celsius transferred 5160 ETH (worth $10.63 million) to FalconX. Prior to this, Celsius had also transferred a large amount of tokens to trading platforms and FalconX 5 days ago.Storj team deposited 1.5 million STORJ to Binance 4 hours ago
On November 14th, according to Spot On Chain monitoring, the Storj team deposited 1.5 million STORJ (worth $1.14 million) to Binance via GSR Markets about 4 hours ago. STORJ's weekly increase was 65%. At the same time, the Storj team's address has deposited 9.8 million STORJ (worth $7.42 million) to Binance.Wintermute extracted $1.03 million worth of YGG from Kraken 22 hours ago
On November 14th, according to The Data Nerd, Wintermute withdrew 2.5 million YGG (worth $1.03 million) from Kraken 22 hours ago. In addition, the address also received 815,500 YGG from Yield Guild Games' treasury wallet 4 days ago.
Atomicals 生态代币 dmint 现报价 116 聪，相关平台因负载原因铭刻期间多次宕机
Translation: On November 14th, according to satsx.io data, the ecological token dmint of Atomicals has completed all engravings, and the current floor price is 116 satoshis/dmint (approximately $42.3 USD per sheet). According to community feedback, the cost of engraving each dmint sheet is between $5 to $10 USD.In addition, during the issuance and listing period of dmint, Atomicals Market experienced multiple crashes due to overload. As of the time of writing, dmint is still not trading normally on the platform.
Starknet testnet will begin migrating to Sepolia on November 15th
On November 14th, Starknet announced on social media that after the discontinuation of Goerli, it will migrate its testnet to Sepolia. The Goerli testnet will be discontinued at the end of 2023, and Starknet encourages developers to migrate to the Sepolia testnet as soon as possible.Starknet will begin migrating to the Sepolia testnet on November 15, 2023. At that time, full nodes, API services, SDKs, and other Starknet development tools will also begin migrating to Sepolia. The Sepolia testnet will support all Cairo V0, V2.0.0, and higher versions.
Memeland releases five major strategic goals, including products, activities, and NFTs
On November 14th, Memeland stated on social media that they have never had a roadmap. However, they have been continuously improving and updating their strategic direction, with the following five goals representing the focus of their next stage of development: products, events, NFTs, integration, and SWAG. Memeland aims to empower creators and fans through blockchain technology, while providing sustained momentum for the long-term development of Memeland as a community-based enterprise.Based on Solana, real estate investment platform Parcl launches V3 version
On November 14th, Parcl, a real estate investment platform based on Solana, announced the launch of Parcl V3 on Solana. The new version features perpetual futures DEX, full-position accounts, unified LP, and enhanced liquidity provider protection.Decentralized options platform Opyn CEO resigns, research director to take over as CEO
On November 14th, due to regulatory issues surrounding decentralized options platform Opyn, Opyn CEO Zubin Koticha and co-founder Alexis Gauba have decided to resign. Research Director Andrew Lwone will take over as Opyn CEO.BlockBeats previously reported that on September 8th, the US CFTC announced recent law enforcement actions in the DeFi field, charging Opyn, Inc., ZeroEx, Inc., and Deridex, Inc. with violating the Commodity Exchange Act (CEA) and CFTC regulations. According to a settlement agreement, these three companies have agreed to pay civil penalties to avoid further legal action. According to information on the Opyn website, Opyn has restricted the use of its platform by users in the United States.
NFT card game Parallel will release a public beta on Epic Games Store
On November 14th, NFT card game Parallel announced that it has been approved to enter the Epic Games Store and will release a public beta version on the platform. Previously, on October 11th, Parallel announced that it had been listed on the comprehensive gaming platform Steam. Steam users can now add the game to their whitelist to receive notifications as soon as the public beta launches.Animoca Brands has become a new validation node for the sports and entertainment public chain Chiliz.
On November 14th, Chiliz, a sports and entertainment public chain, announced that Animoca Brands has joined the Chiliz chain as a new validation node to jointly promote Chiliz's SportFi (sports finance) plan.Axelar and Ondo Finance collaborate to launch RWA innovative cross-chain liquidity solution
On November 14th, Web3 interoperability platform Axelar (AXL) announced a partnership with Ondo Finance to launch a new cross-chain solution called Ondo Bridge. The solution aims to simplify the liquidity of Ondo-issued tokens (such as the interest-bearing stablecoin USDY) across different blockchain networks. Ondo Bridge utilizes a "burn and mint" mechanism, which not only breaks through the limitations of traditional cross-chain technology, but also effectively avoids the risks of traditional asset-wrapping bridges.USDY is a tokenized note collateralized by short-term US Treasury bills and bank demand deposits, with a TVL of $35 million. Axelar's programmable cross-chain platform will support Ondo in managing the supply of USDY across multiple chains, enabling the tokenized representation of its real-world assets (RWA) to be destroyed on one chain and minted on another. The initial deployment of this solution will use Squid, a cross-chain liquidity router based on Axelar (AXL), to transfer USDY between several chains including Mantle.
It is reported that Axelar (AXL) and Ondo's collaboration was inspired by Axelar (AXL) and Circle's development of "composable USDC". Previously, Axelar (AXL) integrated Circle's cross-chain transfer protocol (CCTP) and Axelar (AXL)'s general message passing (GMP) technology, which promoted the seamless Web3 user experience. Axelar (AXL) stated that they hope similar inspirations can drive collaborations with other real-world asset and stablecoin issuers such as Ondo to achieve cross-chain composability.
ZachXBT: GROK development team destroyed 90 million GROK, worth about $1 million
On November 14th, ZachXBT announced on the X platform that the GROK development team destroyed 90 million GROK tokens, equivalent to approximately 1 million US dollars. ZachXBT previously stated that GROK was created by scammers and that the same X/Twitter account had been used for at least one other scam. As a result of ZachXBT's comments, the GROK token experienced a short-term drop of over 40%.CeFi Information
Web3 social protocol Atem Network(ATEM) will be listed on KuCoin and Gate
On November 14th, Atem Network (ATEM) announced that it will be listed on KuCoin and Gate at 18:00 on November 15th Beijing time, with the ATEM/USDT trading pair available. According to official sources, Atem Network has released an airdrop for early contributors. Users can check their airdrop quota on the official website and claim it starting at 18:00 on November 15th Beijing time.
Binance will launch MBL 1-50x U perpetual contract
On November 14th, according to an official announcement, Binance will launch MBL 1-50x U perpetual contract at 23:00 (GMT+8) on November 14th.
Bitget Trend Wisdom Yield Product USDT Yield Reaches 30.14% APR, ETH Yield Reaches 24.35% APROn November 14th, Bitget announced the settlement yield of the previous Trendy Yield product. The settlement yield for ETH (bullish) was 24.35% APR, USDT/BTC (bullish) was 10.12% APR, USDT/ETH (bullish) was 30.14% APR, BGB/BTC (bullish) was 10.12%, and BGB/ETH (bullish) was 30.14%.
Bitget Trend Wisdom Yield is a structured product with principal guarantee. It opens for subscription every Monday at 14:00 (UTC+8).
Data: Cryptocurrency lobbying spending this year may exceed 2022
On November 14th, according to the latest report from CoinGecko, the total lobbying expenses for the cryptocurrency industry in the United States from 2019 to 2023 amounted to $56.44 million. So far, US cryptocurrency lobbying groups have spent $20.19 million in 2023, not including fourth quarter expenses.
Therefore, the cryptocurrency lobbying expenditure in 2023 may exceed $22.23 million in 2022. It is worth noting that so far, the cryptocurrency lobbying expenditure in 2023 has accounted for 19.7% of Wall Street lobbying expenditure, which is 3.7 percentage points higher than in 2022.
Digital asset custodian Hex Trust will provide custody services for Euro stablecoin EURS
On November 14th, digital asset custodian Hex Trust will provide custody services for STASIS EURO's EURS stablecoin.OKX DEX has integrated the stablecoin cross-chain protocol Meson.
On November 14th, according to official sources, OKX DEX has now integrated the stablecoin cross-chain trading protocol Meson and fully aggregated the liquidity of the 12 public chains it supports, providing users with better asset cross-chain trading and exchange services. Meson is committed to achieving cross-chain exchange of stablecoins between public chains quickly and at low cost.Volta Club now supports OKX Web3 wallet
Data: Bitfinex's ETH long leverage position decreased by 48.2% from last week's high point
On November 14th, according to Coinglass data, the ETH long position with leverage on Bitfinex has dropped to 107,918.4 ETH, a decrease of 48.2% compared to the high position of 208,617.3 ETH on November 8th last week.Financing Express
This funding program will be open to all Solana ecosystem builders from the Chinese-speaking region. The application channel will be announced later on Solana's Chinese Twitter.
SOMESING announced additional investment from DWF Labs
On November 14th, SOMESING, a global mobile karaoke application based on blockchain, announced on social media that it has received additional investment from DWF Labs. DWF Labs had previously invested in SOMESING and this is an additional investment from DWF Labs' Web3 ecosystem fund. The investment agreement was signed based on a strategic partnership to establish "Singverse", which will connect users through music and implement a global localization strategy. DWF Labs plans to execute the investment over the next two years and support the expansion of the SOMESING ecosystem.韩国 Web3 K-pop organization Modhaus completes $8 million Series A financingOn November 14th, Modhaus, a South Korean blockchain-based K-pop startup, announced the completion of an $8 million Series A funding round. The round was led by US venture capital firm Sfermion, with participation from SM Culture Partners, Laguna Investment, KDDI Open Innovation Fund III, and Foresight Ventures. Modhaus was founded in December 2021 and used its non-fungible token (NFT) voting system to form the K-pop girl group tripleS, which has over 1.74 million subscribers on YouTube. Fans can purchase NFT photo cards on Modhaus' COSMO app, which can be used as voting tokens.
Modhaus states that by collecting NFT format photo cards of their favorite idol members, fans can receive utility tokens and participate in group operation-related decisions, such as member activities, main songs, and album cover shooting locations. Modhaus aims to introduce more blockchain-based application scenarios in the Korean entertainment industry.
Regulatory News
Bitcoin service platform Swan Bitcoin will ban accounts that directly interact with mixing services.
On November 14th, according to ETNews, the Korean Financial Services Commission recently established a task force (TF) for virtual asset listings and began discussing "regulatory standards (guidelines) for listing, maintaining listings, and delisting." A spokesperson for the Financial Supervisory Service stated that they plan to reach a conclusion and report to the National Assembly a few months before the implementation of the "Act on the Protection of the Maximum Use of Assets" in July of next year. They will study how to take measures to improve the effectiveness of the standards and ensure that the industry can protect itself through self-regulation.
BlackRock denies registering iShares XRP Trust in Delaware
On November 14th, according to Bloomberg, a registration document for "iShares XRP Trust" allegedly submitted by asset management giant BlackRock appeared on the official website of Delaware, which caused market attention and led to a short-term increase of nearly 13% in XRP after the news spread. However, a spokesperson for BlackRock clearly stated that the document was false information and had nothing to do with BlackRock. Market information shows that XRP is now priced at $0.6684 and has given back its previous gains.Welcome to join the official community of BlockBeats by LUDONG
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