Rhythm Evening News｜Binance will list DYM; PANDORA rose by more than 200% in 24 hours
Top News:
1. PANDORA broke through $8,500 with a 24-hour increase of over 200%.
2. GAL, BLUR, and CRV are among the top inflows on Smart Money's 24-hour leaderboard.
3. Binance Web3 wallet will airdrop 1 million Polyhedra network tokens to users;
4. Binance will list Dymension (DYM) and add a seed tag for it.
5. Mechanism Capital: Has established positions in Trump-themed meme tokens and NFTs. The US election will drive up their prices.
Price Observation
PANDORA breaks through $8,500, with a 24-hour increase of over 200%According to market data, PANDORA has broken through $8,500 and is currently priced at $8,545.91, with a 24-hour increase of 222%.
According to reports, Pandora is a collection of 10,000 Replicants, which are bound to the first token based on ERC-404. ERC-404 is an experimental token standard that provides persistent liquidity and semi-fungibility for Ethereum NFTs.
MATR1X FIRE token FIRE surged above $1.27, with a 24-hour increase of 42%.According to market data, the MATR1X FIRE gaming token FIRE has risen and broken through $1.27, with a 24-hour increase of 42%.
TRUMP is now priced at $2.35, reaching a new historical high
According to market data, the TRUMP themed meme token, TRUMP, broke through $2.5 and then fell back, currently priced at $2.35, reaching a new historical high with a 24-hour increase of 39.12%.Earlier, Andrew Kang, co-founder and partner of Mechanism Capital, a cryptocurrency venture capital firm, announced on his social media platform that Mechanism Capital has completed its first round of investments for 2024, with targeted assets being meme tokens and NFTs with a Trump theme.
Due to the news of Binance delisting, related currencies experienced a short-term sharp decline.According to market data, the relevant currencies experienced a short-term sharp decline due to the news of Binance delisting. Among them:
ANT is currently trading at $5.56, with a decrease of 4.73% in the past hour.
MULTI is currently trading at $1.851, with a drop of 10.03% in the past hour;
XMR is currently trading at $150.2, with a drop of 9.63% in the past hour.
ENS breaks through $21.5, with a 24-hour increase of 18%According to OKX market information, ENS has broken through $21.5 and is currently priced at $21.53, with a 24-hour increase of 18.9%.
ERC-404 project Pandora floor price rose to 3.5 ETH, up more than 298% in 24 hoursAccording to Blur market data, the floor price of ERC-404 project Pandora has risen to 3.5 ETH, with a 24-hour increase of over 298% and a 24-hour trading volume of 142.49 ETH.
According to reports, Pandora is a collection of 10,000 Replicants, which are bound to the first token based on ERC-404. ERC-404 is an experimental token standard that provides persistent liquidity and semi-fungibility for Ethereum NFTs.
Aevo 上 DYM 期货价格暂报 3.925 美元，24 小时涨幅 3.24%
Translation:The futures price of DYM on Aevo is currently reported at $3.925, with a 24-hour increase of 3.24%.
According to data from the options trading platform Aevo, the DYM futures price is currently reported at $3.925, with a 24-hour increase of 3.24% and a 24-hour trading volume of $247,015. The current open interest is $826,560.Transaction Tracking
According to the official blog, Bifrost, a multi-chain middleware platform, will launch a native Bitcoin staking service called BTCFi, aimed at providing decentralized income sources for Bitcoin holders. The unique feature of BTCFi is that it provides a decentralized and secure revenue-generating solution. As Bitcoin is a PoW system, there is no native staking, but BTCFi can serve as an alternative solution to this problem. BTCFi operates on a decentralized protocol without the need for intermediaries or third-party custodians. The core of this protocol is BtcUSD, a stablecoin backed by BTC with excess collateral. To support native BTC integration into BTCFi, fraud proofs will be used to verify the operations of relayers, which is a method adopted by many Optimistic Rollup L2 on Ethereum.
According to the BTCFi roadmap, Bifrost plans to build the BTCFi ecosystem in the first quarter, integrating all DeFi components for a circular ecosystem, supporting WBTC (ETH, Polygon, Arbitrum), and BTCB (BNB). In the second quarter, Bifrost will launch an automatic one-click BTC staking service. In the third quarter, Bifrost will support native Bitcoin and launch a native BTC deposit service verified by all Bifrost nodes validators.
NFTGo has released the Genesis NFT brand Gonesis and launched the first NFT series Gonesis Ring.
NFTGo has officially released an introduction to the first collection of Gonesis NFT, Gonesis Ring. This includes the appearance of the Gonesis Ring NFT, the first batch of rights empowerment, world view and project vision, team background, partnership information, and white list acquisition methods.
Currently, users can obtain the whitelist qualification for Gonesis Ring through various methods such as targeted invitations and participation in community activities.
Aave community has voted to approve the proposal of "abandoning Aave V1".
Aave has passed proposals for "Deprecating Aave V1" and treasury management. The "Deprecating Aave V1" proposal aims to approve further steps to retire Aave v1 in order to reduce the operational costs of deprecated Aave instances. The treasury management proposal involves the launch capital of the GHO Stability Module (GSM), RWA strategy, and the DAO staking-as-a-service product Frontier.
Balancer ecosystem revenue governance platform Aura Finance posted on social media that Aura is about to usher in an optimized token economy and sustainable long-term issuance method.
Aura will immediately reduce its total token issuance by 12% and plans to do so every two years in the future, while maintaining a stable annual interest rate and prioritizing aura BALLP and AURA.
Aura will adopt various optimization strategies to increase AURA/ETH liquidity, which will double the annual interest rate of AURA/ETHLP. It will also eliminate the basic yield of vlAURA by redirecting vlAURA fees to AURA/ETH liquidity incentives.
Binance Web3 wallet will airdrop 1 million Polyhedra network tokens to users
According to the official announcement, Binance Web3 Wallet will airdrop 1 million Polyhedra network tokens to users. During the event, users who complete the corresponding tasks using Binance Web3 Wallet will be eligible to share the corresponding prize pool. Each eligible participant has a reward limit of 100 Polyhedra network tokens for each task. If a user completes all tasks, they can receive up to 200 Polyhedra network tokens.Activity time: February 6th, 2024 08:00 to March 5th, 2024 07:59 (GMT+8).
CeFi Information
Binance will list Dymension (DYM) and add seed label for it
According to the official announcement, Binance will list Dymension (DYM) on February 6th at 23:00 (GMT+8), and open trading pairs including DYM/BTC, DYM/USDT, DYM/FDUSD, and DYM/TRY.
Binance will launch 1-50x USDC perpetual contract denominated in SUI
According to the official announcement, Binance will launch the SUI USDC perpetual contract on February 8th at 15:00 (GMT+8), with a maximum leverage of up to 50 times.
Binance will delist ANT, MULTI, VAI, and XMR on February 20th.
According to official sources, Binance will halt trading and delist ANT, MULTI, VAI, and XMR on February 20th at 11:00 (GMT+8).
Binance will add JUP/USDC, PENDLE/FDUSD spot trading pairs and trading robot services
According to an official announcement, Binance will add JUP/USDC and PENDLE/FDUSD spot trading pairs.Additionally, Binance will offer trading bot services for the following trading pairs starting from 16:00 on February 7th, 2024 (GMT+8):
Spot algorithmic orders: JUP/USDC, PENDLE/FDUSD
Binance will support Horizen (ZEN) network upgrade and hard fork
Regarding BTC contracts, the total position of BTC is 17.87 billion US dollars (+2.03%), the 24-hour trading volume is 33.99 billion US dollars (+58.75%), and the 24-hour liquidation volume is: long 13.83 million US dollars, short 11.87 million US dollars (short), the long-short ratio is 52.02%/47.98%, and the funding rate is 0.0100%.
Data: Liquidity re-collateralization platform Eigenpie TVL has exceeded $200 million
Greeks.live researcher Adam posted on social media that Bitcoin has been relatively calm recently, and Bitcoin options trading has also been relatively quiet.
From the PNL chart, we can see that the whale is betting heavily on a 6% or more major fluctuation in February, but the direction is uncertain, which is relatively rare in whale investments.
After analyzing transaction data, it was verified that the whale previously held a sell position of 45000Call at the end of February, which also confirms that the whale has shifted from bearish to bullish volatility in the past.
Sui TVL has surpassed $500 million, ranking among the top five most active chains
Sui Network announced on social media that the TVL on Sui has surpassed $500 million, ranking among the top five most active chains. This important milestone was achieved in less than 9 months, with TVL increasing 15 times in the last 5 months of 2023, and more than doubling in January 2024.
In addition, on-chain activities are booming - last week, DeFi trading volume surged by over 70%, exceeding $770 million, making Sui one of the top 5 most active chains. Sui is being widely adopted to solve real-world problems.
Bitrise Capital announced investment in DeBox, a one-stop Web3 social platform.
Bitrise Capital announced its investment in DeBox, a one-stop Web3 social platform. The funding will be dedicated to promoting decentralized social networking in the Bitcoin, Nostr, and Farcaster ecosystems. The specific amount has not been disclosed.
Startale Labs was founded in January 2023, focusing on the development of Web3 infrastructure.
BlockBeats previously reported that on June 28, 2023, Startale Labs received a $3.5 million investment from Sony Network Communications.
GrayScale CEO Sonnenshein urged regulatory agencies on his social media platform to approve the listing of spot Bitcoin ETF options as soon as possible. Sonnenshein stated that options are beneficial to investors because they can help investors better manage market conditions or achieve expected results, and promote Bitcoin price discovery.
It is reported that exchange-traded options are standardized contracts that can be used to buy (using call options) or sell (using put options) a certain amount of specific financial assets at a predetermined price (strike price) on or before the trading day.
According to local media reports, the Brazilian tax authority, Receita Federal do Brasil (RFB), is strengthening its regulation of cryptocurrency taxation. The agency has found violations in more than 25,000 tax declarations, where taxpayers had at least 0.05 BTC in their wallets but did not disclose it. It is estimated that at least 1.06 billion Brazilian real (213 million US dollars) worth of BTC assets have not been reported for taxation.
It is reported that according to Brazilian law, the above unreported behavior may be subject to fines and imprisonment for 6 months to 2 years. (Bitcoin.com)
It is reported that Haru has invested most of its clients' deposits through a personal account, while falsely promoting that the deposits are managed through "risk-free distributed investment technology". Haru Invest offers up to 12% return for its Earn Plus product users.
After Haru and cryptocurrency loan agency Delio suddenly suspended withdrawals on June 14, 2023, local authorities have been investigating the two companies. Delio attributed the suspension to the sudden halt of deposits and withdrawals from Haru Invest earlier that day, with whom Delio had previously collaborated.
According to The Block, Lee, a former developer at Terraform Labs, testified in a South Korean court on Monday that the company's co-founders, Do Kwon and Shin Hyun-seung, are still offering TerraUSD stablecoin as a potential payment option to investors, despite knowing that such products are prohibited by local regulations. Due to privacy regulations in South Korea, Lee's full name was not disclosed.
Welcome to join the official community of BlockBeats by LUDONG
Telegram subscription group: https://t.me/theblockbeats
Telegram communication group: https://t.me/theblockbeatsApp
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
