Daily Legal Evening News | Binance Labs announces investment in Arkham token ARKM; Bitcoin NFT trading volume surpasses Ethereum NFT in the past 24 hours.
Top News:
1. Binance Labs announced its investment in the Arkham token ARKM;
2. The Cosmos Hub community initiated a "ATOM reduction" proposal vote, proposing to halve the maximum inflation rate to 10%;
3. Data: In the past 24 hours, Bitcoin NFT transaction volume has surpassed Ethereum NFT, reaching $15.89 million.
4. Binance IEO tokens have seen a general rise in prices;
5. The Monetary Authority of Singapore is collaborating with the financial industry to expand the asset tokenization plan.
Price Observation
Binance IEO sector tokens see a general rise, with ARKM up over 20% in 24 hoursAccording to market data, Binance LaunchPad project tokens have seen a general rise in prices, including:ARKM has increased by 23.56% in the past 24 hours and is currently priced at $0.55 USD.
EDU 24-hour increase of 19.8%, currently priced at 0.62 USD;
ID 24-hour increase 14.63%, current price 0.29 USD;
HOOK 24-hour increase of 9.26%, with a current price of 1.04 USD.
SOL surged back above $60, with a 24-hour gain of 16%According to OKX market data, SOL has risen back above $60, currently priced at $60.71 with a 24-hour increase of 16%.
PIVX short-term breakthrough $0.52, 24-hour increase of 133.1%
According to market data, PIVX has broken through $0.52 in the short term and is currently priced at $0.521, with a 24-hour increase of 133.1%.Hyperliquid platform PYTH perpetual contract is now priced at $0.353
According to data from the decentralized derivatives trading platform Hyperliquid, the Hyperliquid platform's PYTH perpetual contract is currently priced at $0.353. Based on this price, the oracle project Pyth Network's FDV is approximately $3.53 billion (fully diluted valuation).BlockBeats previously reported that Pyth Network initiated a retrospective airdrop, and users can check their eligibility for the airdrop on the official designated page. The date for distributing the airdrop has not yet been announced.
Transaction Tracking
TRB's largest holder transferred 50,000 TRB to Binance
According to Scopescan data monitoring, the largest TRB holder has transferred 50,000 TRB to Binance, equivalent to approximately 4.47 million US dollars.
Amber Group deposited 293,500 DYDX into Binance 8 hours ago and still holds 2,844,000 DYDX.
According to The Data Nerd, Amber Group deposited 293,500 DYDX (worth $1.14 million) into Binance at an average price of $3.88 8 hours ago. The address currently holds 2,844,000 DYDX (worth $11.15 million) with a floating profit of $2.13 million.
According to Lookonchain monitoring, Galaxy Digital borrowed 10 million DAI again by mortgaging WBTC and ETH 6 hours ago, and exchanged it for 10 million USDC. Galaxy Digital deposited approximately $178.7 million worth of WBTC and ETH on Defi, and borrowed approximately $104 million worth of stablecoins. The current average health rate is 1.25.
A certain whale sold 6,099 ETH one hour ago and still holds 20,000 ETH.
For the first time in nearly 17 months, the cryptocurrency market has seen a net inflow of capital.
According to Coindesk, based on data from blockchain analysis company Glassnode, funds in the cryptocurrency market have achieved net inflows through stablecoins or USD-pegged tokens for the first time in over a year. In the past 90 days, the net supply of the four major stablecoins, USDT, USDC, BUSD, and DAI, has turned positive, indicating an influx of funds into the market. This is the first time this has happened since the collapse of Terra in mid-May 2022.
Financing Express
Binance Labs announced investment in Arkham token ARKM
According to official sources, Binance Labs has announced an investment in the cryptocurrency data tracking platform Arkham's token ARKM. The specific amount has not been disclosed.Regulatory News
The Monetary Authority of Singapore (MAS) has announced that it is working with the financial industry to expand its asset tokenization program and enhance its underlying capabilities to drive the scaling of the tokenization market. These expansions under the "Project Guardian" will catalyze institutional adoption of digital assets, aiming to unlock liquidity, open up investment opportunities, and improve the efficiency of the financial market. The industry group consisting of 17 financial institutions in Project Guardian has launched five pilot projects to test promising asset tokenization use cases, which are expected to provide integration for the entire capital market value chain, including listing, distribution, trading, settlement, and asset services. Contributors include Apollo, DBS Bank, HSBC, JPMorgan's digital asset platform Onyx, SBI Digital Asset Holdings, Schroders, Standard Chartered Bank, Swift, UBS, Dah Sing Bank, Ava Labs, Chainlink, and LayerZero.
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