headlines

headlines

Statistics: At present, the computing power of mining pools against EIP-1559 accounts for 63% of the entire network

According to the statistics of Twitter users, there are currently 13 mining pools that oppose EIP-1559, and their computing power accounts for 63% of the entire network. Earlier news, Bee Pool and Spark Pool announced their opposition to EIP-1559, while F2Pool expressed their support.

NBA Top Shot sold 10,631 basketball video packages for a record $1.05 million. It is reported that more than 200,000 collectors lined up on Friday to buy this NBA hit from Dapper Labs. (CoinDesk)

digital currency

digital currency

Grayscale ETH Trust trades at a discount

The Ethereum Trust (ETHE) is trading at a discount just one day after shares of the Grayscale Bitcoin Trust (GBTC) first appeared to trade at a discount. Skew historical data shows that since 2017, the trust has traded at a price higher than the spot price of ethereum, and its closing price was 5.21% lower than ethereum on Thursday. As of Friday's close, ETH was 1.18% below spot prices. (Nasdaq)

Cryptocurrency monthly trading volume exceeds $1 trillion for the first time, setting a record

Cryptocurrency transaction data from The Block Research shows that in February, the transaction volume of cryptocurrencies exceeded $1 trillion, setting a new record. As of February 26, monthly trading volume was $1.05 trillion, an increase of $143.9 billion or 15.9% from January. Of the trillion-dollar transaction volume in the entire industry, two-thirds came from Binance, 10.6% from Coinbase, and 5.3% from Kraken.

The DeFi aggregation platform Furucombo was attacked, and about $15 million in funds were affected

According to official news, in the early hours of this morning, the DeFi aggregation platform Furucombo was attacked, and the official value said that about 15 million US dollars of funds were affected. Officials have deauthorized the relevant components and believe the vulnerability will be patched, but advise users to deauthorize. Officials have found the root cause and the vulnerability has been patched. Funds are now safe. Officials are investigating the stolen funds and organizing follow-up actions.

PeckShield security personnel quickly located and tracked and found that the principle of this vulnerability is the same as that of Primitive Finance, which is related to the unlimited authorization of users.

Beeple's special NFT sales are so hot that the MakersPlace website is down, and unsold artworks will be drawn

On the morning of February 28, MakersPlace, an encrypted art platform, tweeted about Beeple’s $1 special encrypted art NFT sales. Due to the number of visits and website operations far exceeding the official estimate, the website went down, and only a small amount of artwork The sale is complete and officials are confirming. For the remaining artwork, there will be a fair draw, which will be randomly selected from all registered + verified account collectors participating in the event today. Officials will share more information soon and will send an email notification.

Polkadot Weekly: Public welfare parachains will be launched through referendum
The public interest chain is divided into system parachains and public function parachains. Among them, potential system chains include parachains for balances, elections for staking and councils, governance, and identity. Potential public function chains include bridges, general-purpose asset chains, and DOT-denominated smart contract platforms. Among them, the general asset chain is to provide a stable and permanent platform for stable coins and central bank digital currencies (Central Bank Digital Currencies). (Polka World)

Blockchain industry

Blockchain industry

Robinhood plans to file for an IPO privately as soon as March
According to previous reports, Robinhood announced that since the beginning of 2021, its encryption platform has added 6 million new customers. According to the announcement released by Robinhood, Robinhood Crypto attracted a total of more than 5.9 million new traders in January and February of this year, and the average transaction volume of investors in these two months was $500. That compares with a peak of 401,000 new monthly users last year. (Bloomberg)

Investment and Financing

Investment and Financing

Radicle Raises Nearly $25M in Balancer LBP Token Sale
Radicle, a decentralized code collaboration platform, has completed the Balancer Liquidity Boot Pool (LBP) token sale and has suspended the exchange on Balancer LBP. There were more than 1,800 new token holders, nearly $25 million was raised (24,684,879 USDC specifically), and the tokens sold accounted for approximately 1.875% of the total RAD supply.

According to a report on February 24, Radicle has passed a proposal to sell 3.75 million Radicle governance tokens RAD through the Balancer Liquidity Guide Pool (LBP) from 00:30 on February 26 to 00:30 on February 28, Beijing time.

Blofin, a digital asset management agency, received US$10 million in A+ round investment, led by SIG

Matt Hu, CEO of Blofin, a digital asset management agency, said that Blofin raised US$10 million in the A+ round of financing, led by SIG, followed by Matrix, Lingfeng Capital, Superchain Capital, Jackdaw Capital and other institutions. It is reported that Blofin is a Caymanian digital asset management institution that has established a quantitative database covering real-time data from 40+ exchanges around the world and data from 200+ global quantitative teams. At present, Blofin's overseas institutional client asset management scale has reached 120 million US dollars, and the average monthly transaction volume has exceeded 15 billion USD. Blofin is currently applying for digital asset management licenses in Hong Kong, Singapore and other places

Playcent, an interactive content creation platform, has completed $1 million in financing and will hold IDO on March 7

Official news, Playcent, an interactive content creation platform for DApps, games and NFTs, announced the completion of $1 million in financing. Investors include Genesis Block Ventures, Lotus Capital, Moonwhale Ventures, Phoenix, Blocksync Ventures, Moondot Capital, 18 ventures, Psquare Capital and Chronos Ventures and others. In addition, Playcent will conduct IDO on Poolz for whitelist users at 1:00 on March 7, 2021, Beijing time. At that time, two pools will be opened, one for public participants and one for POOLZ holders.

Recently, SoftBank Group (UK) has completed a multi-million dollar investment in the ZT trading platform, which is also the first investment of SoftBank Group (UK) in the blockchain industry. Toshikatsu Yamada, Investment Director of SoftBank (UK), said that he hoped that with the help of SoftBank Group (UK)'s global influence, ecosystem, operating experience and sufficient investment resources, he hoped to help ZT transaction in various aspects such as strategic development, market development, and resource integration. The platform is developing rapidly, and is willing to take the projects invested by the ZT trading platform as the first choice of Softbank (UK) investment targets. Through the joint efforts of both parties, it will enhance the public's awareness of digital assets and jointly create a new era of digital economy. Toshikatsu Yamada also expressed his willingness to take this opportunity to actively promote Goldman Sachs, Morgan Stanley and other friends to invest in the blockchain field.

global policy

global policy

Nigerian Vice President: Cryptocurrencies Should Be Regulated, Not Banned
In an apparent rebuke to the Central Bank of Nigeria (CBN), Nigerian Vice President Yemi Osinbajo said the country’s monetary authority must consider regulating crypto assets. The Nigerian Monetary Authority must consider providing a "robust regulatory regime" to address their concerns, rather than "killing the chicken and picking the egg".
（Bitcoin.com）

However, Osinbajo said in a speech at a Bankers Council meeting that "he fully appreciates the position expressed by the CBN". Since the CBN ban came into effect, leaders of both the CBN and the Nigerian Securities and Exchange Commission (SEC) have defended the decision. In his speech, Osinbajo suggested that the country's regulators must consider the adoption of emerging and disruptive technologies.

In the early hours of February 27 local time, the U.S. House of Representatives voted to pass a new round of $1.9 trillion economic rescue plan, which is now submitted to the Senate. This new round of economic relief plan totaling US$1.9 trillion proposed by US President Biden aims to provide financial support for American families and businesses affected by the new crown epidemic. These include direct payments of $1,400 to eligible Americans and weekly unemployment benefits of $400 to eligible unemployed. (Golden Ten)

Character·Voice

Character·Voice

V God: Rollups is more suitable than ETH2.0 to solve the current expansion problem

In the community Q&A tonight, regarding the relationship between ETH2.0 and Rollups, the founder of Ethereum V God said: "What needs to be solved now is the problem of expansion. Now there is no need for Ethereum 2.0, but Rollups. With After Rollups, the transaction volume of Ethereum can be increased by 100 times. Of course, long-term sharding is also needed, because the scalability of Rollups is still limited. If more users join Ethereum later, such as reaching 500 million, then Rollups will not be enough But now this issue is not urgent. The current value of Ethereum 2.0 is mainly migrated to Pos, and the plan is to become a chain first, and then consider sharding.”

Opinion: 99% of NFTs are not good investments and will collapse on a large scale in the next 12 to 24 months
Gary Vaynerchuk, CEO of digital media company VaynerMedia, tweeted that 99% of NFTs will not be good investments, and there will be some large-scale collapses in the next 12 to 24 months. A lot of people get confused and think it's a fad and that's when it gets good. It's going to be an interesting decade. The remaining 1% will be unprecedented returns.