headlines
OpenSea's official website shows that the Associated Press (AP) and Everipedia have collaborated with the famous digital artist Marko Stanojevic to create an NFT artwork "A View from Outer Space" commemorating the first report on the US election on the blockchain. The work will be auctioned on OpenSea for 7 days starting from March 3, and all bidding prices are priced in Ethereum. It is understood that the art work was designed by internationally renowned digital artist Marko Stanojevic, who has worked for Avicii, Alan Walker, Alesso, Axwell & Ingrosso, as well as Pepsi and McDonald's, etc. The brand has created music videos, live visuals and artwork.
digital currency
Crypto.com launches $200 million crypto fund to invest in seed and A-stage crypto startups
BitMEX is considering adding spot trading, brokerage and custody services
Meerkat Finance, a DeFi project on the Binance BSC chain, was suspected to be running away. PeckShield sent shield security personnel to quickly locate and track and found that after the "farmers" mortgaged real money in BUSD and BNB, the attacker used the back door to steal 31.5 million US dollars, including $14 million worth of BUSD and $17.6 million worth of BNB.
SushiSwap CTO: Considering designing SushiSwap on Layer 2
Ripple is testing a private version of the XRP Ledger for issuing CBDC
Ripple is testing a private version of the XRP Ledger for issuing CBDC
According to a Ripple blog post, Ripple is testing a private version of the XRP Ledger, which is designed to issue a central bank digital currency (CBDC). Like the open-source version, a CBDC private ledger can issue XRP-like digital assets that can be used to link different currencies and also facilitate payments. Ripple claims the ledger can handle up to "hundreds of thousands" of transactions per second, and the company is already working with central banks to find out how the new private ledger fits into the central bank's CBDC plans. (U. Today)
Huobi Technology (01611.HK) announced that the Securities and Futures Commission has granted a license to the company's wholly-owned subsidiary Huobi Asset Management (Hong Kong) Co., Ltd. Type 4 (advising on securities) and Type 9 (asset management) regulated activities as defined in Schedule 5 of the Securities and Futures Ordinance. The Hong Kong Securities Regulatory Commission has approved Huobi Asset Management to manage investment portfolios investing in virtual assets and continue to carry out the above-mentioned Type 4 and Type 9 regulated activities, effective from March 3, 2021.
Blockchain industry
The famous street artist Banksy's work "Mornos" was burned and will be cast as an NFT to be auctioned at SuperFarm
Encrypted mining startup Compass Mining announced the completion of $1.7 million in financing, led by Galaxy Digital, with participation from CMT Digital, CoinFund, Coinshares, Rarestone Capital, and BlockFi’s Zac Prince. Amanda Fabiano of Galaxy and Meltem Demirors of Coinshares will join the company’s board of directors. It is reported that Compass Mining operates a two-way marketplace (similar to a trading platform such as Hotels.com or Expedia), which gathers suppliers of bitcoin mining hardware on the one hand, and seeks buyers for mining machines on the other. In some ways, this business model is similar to cloud mining. (The Block)
Investment and Financing
Compass Mining Completes $1.7 Million Funding Led by Galaxy Digital
Encrypted mining startup Compass Mining announced the completion of $1.7 million in financing, led by Galaxy Digital, with participation from CMT Digital, CoinFund, Coinshares, Rarestone Capital, and BlockFi’s Zac Prince. Amanda Fabiano of Galaxy and Meltem Demirors of Coinshares will join the company’s board of directors. It is reported that Compass Mining operates a two-way marketplace (similar to a trading platform such as Hotels.com or Expedia), which gathers suppliers of bitcoin mining hardware on the one hand, and seeks buyers for mining machines on the other. In some ways, this business model is similar to cloud mining. (The Block)
LazyLedger Labs announced the completion of a $1.5 million seed round of financing, with investors including Interchain Foundation, Binance Labs, Maven 11, KR1, Signature Ventures, Divergence Ventures, Dokia Capital, P2P Capital, Tokonomy, Cryptium Labs, Michael Ng, Simon Johnson, Michael Youssefmir and Ramsey Khoury. Its co-founder Mustafa Al-Bassam said that with the new funds, LazyLedger will expand its development team, and plans to release the testnet by the end of this year and launch the mainnet by the end of 2022. (The Block)
NFT trading platform Mintable announces investment from Mark Cuban
NFT trading platform Mintable announces investment from Mark Cuban
The decentralized cross-chain protocol DeCus announced the completion of the seed round of financing. In addition to professional investment institutions, DeFi protocols and public chains also participated in the financing, which can accelerate the adoption of the DeCus protocol, including SevenX, FBG, DODO, and dForce Labs , Conflux, Parallel ventures, MCDEX, etc. The investment amount has not been disclosed yet. DeCus is composed of several Tsinghua Yao class students. The first product is a credible and efficient fully decentralized BTC cross-chain bridge. In early April, a test version and Ethereum cross-chain Layer 2 solution will be launched, and security audits and open source will be carried out simultaneously. .
global policy
Coinbase said its services may have been used by individuals, entities or jurisdictions that the United States has placed on a sanctions blacklist. Coinbase said it had filed disclosures with the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), responding to the latter’s administrative subpoena. The nature of blockchain technology and Coinbase's services make it "technically impossible" to prevent transactions with certain individuals, companies or addresses, the company said. A spokesman for Coinbase declined to comment, and a spokesman for the Treasury Department was not immediately available for comment. The company said in a prospectus filed with the U.S. Securities and Exchange Commission (SEC) last week that it has not faced fines or other enforcement actions related to the disclosures or subpoenas, but that some of its disclosures are still under review by OFAC. (Wall Street Journal)
Character·Voice
Kraken CEO: Kraken may seek listing at a valuation of over US$10 billion next year
Kraken CEO Jesse Powell said in an interview that he only wants Kraken to go public at a valuation of more than $10 billion. Kraken may seek an IPO sometime next year, but there is no guarantee, he said. Jesse Powell added: "While a valuation of $10 billion is low, we are definitely on the right track." He also said that there is "no reason" to raise new capital other than to accelerate company acquisitions. Regarding Bitcoin, he said that there is no reason to sell Bitcoin. If you buy Bitcoin based on speculation, you should hold it for more than five years.
