
headlines
Solana network suspends block production for 5 hours and then resumes operation
Odaily News Stakewiz posted on the X platform that the Solana network resumed operation after suspending block production for 5 hours.
Odaily News U.S. Treasury Secretary Yellen said that gaps in the regulation of digital assets have been identified and that Congressional action will help. Congressional efforts to create a regulatory framework to address the risks of stablecoins to the financial system are welcome. The Financial Stability Oversight Council has not yet taken action to designate specific non-bank institutions as systemically important institutions.
Odaily News Binance co-founder He Yi posted on the However, after the RONIN listing announcement today, the price drop of RONIN triggered a heated discussion in the community. After internal investigation, it was found that the public chain was previously integrated to retrieve tokens for users, and was detected by the outside to be collected on the chain. The community began to list RONIN on Binance. After careful consideration, the following adjustments will be made based on the existing currency listing:
1) Binance’s internal adjustments: The currency listing group involves business and research teams to Pre IC, IC, development, operations, announcements and other aspects. Team members involved in the currency listing process will strengthen internal management and fire isolation; such as management If there is any information leakage in the project for any reason, you will be warned once and fired twice.
2) Adjustment of Binance’s external partners: External business communication often involves the improvement of project research information, communication of token models, token custody management, and communication with project investors. It also further improves the process, such as project currency listing information. If there is a leak, the listing will be cancelled. If any information is leaked after the announcement, the pending listing will be extended directly, and the listing will be decided based on subsequent adjustments.
3) Further improve technical monitoring. Currently, it is not ruled out that Binance’s trading pairs and announcements are monitored by scripts. Although the content is encrypted, the added actions are monitored, so the BNB price fluctuates from time to time. Everyone will speculate that Binance will usher in a launchpool. . If you have any clues, please feel free to contact us.
4) Because Binance wanted to isolate currency listing research and business in the past, it did not disclose the contact information, which gave many opportunities for fraud. The application link is hereby disclosed.
5) High reward. We welcome any reports involving currency listings and other corruption. If Binance team members are found to be corrupt, we will keep your identity confidential and provide rewards ranging from US$10,000 to US$5 million.
6) For verified corrupt employees who join any projects or funds after being fired, the corresponding projects and funds will become permanently blacklisted on Binance. Major funds are welcome to contact Binance for background checks before making offers.
Binance announces the listing of Dymension (DYM)
Odaily News Binance issued an announcement announcing plans to list Dymension (DYM) at 1:00 on February 7, 2024.
Investment and Financing
Crypto payment solution Code completes US$6.5 million in seed funding, led by M 13 and USV
Odaily News Encrypted payment solution Code completed a US$6.5 million seed round of financing, with M 13 and Union Square Ventures (USV) co-leading the investment.
According to reports, Code has launched today and has developed an application to enable online micropayments. In addition, the team has launched a developer platform and is about to launch a new blogging tool that will allow anyone to get paid for writing.
Filecoin ecological liquidity staking protocol Glif completes US$4.5 million in seed round financing
Odaily News Filecoin ecological liquidity staking protocol Glif announced the completion of a US$4.5 million seed round of financing, led by Multicoin Capital and others. The new funds will expand its services to users and launch a points program to reward users. According to people familiar with the matter, the points program may It will be related to the subsequent token airdrop.
Odaily News L2 startup LightLink announced the completion of a US$4.5 million seed round of financing, led by TB Media Global and MQDC, with participation from JellyC, Aweh Ventures, Blue 7 and B 3 V. LightLink said the new funding will support its Translucia multiverse project, which aims to merge the virtual and real worlds.
Odaily News Bitcoin instant settlement trading platform LN Markets announced the completion of a seed round of financing, with Lemniscap participating in the investment. The specific financing amount has not yet been disclosed.
In addition, the two parties have also reached a cooperation to provide DLC Markets, a trustless OTC derivatives trading platform for financial institutions. The Discreet Log Contract (DLC) built by LN Markets enables DLC Markets to provide a wide range of applications to manage OTC derivatives transactions to reduce counterparty risk.
Bitrise Capital Announces Investment in Web3 Social Platform DeBox
Odaily News Bitrise Capital announced its investment in DeBox, a one-stop Web3 social platform, and will work together to promote the development of decentralized social networking in the Bitcoin, Nostr and Farcaster ecosystems. The specific amount has not yet been disclosed.
Earlier in January, DeBox announced a strategic partnership with DWF Ventures and received investment from DWF Ventures.
Odaily News Web3 startup Startale Labs has completed US$3.5 million in financing, with participation from UVM Signum Blockchain Fund, Sony Network and Samsung Next Ventures. The post-financing valuation is US$63.5 million.
It is reported that Startale Labs was established in January 2023 and is headquartered in Singapore. It focuses on Web3 infrastructure development. Startale Labs also has a subsidiary in Japan that provides research, development and consulting services to Web3 companies in the country.
In June 2023, it was reported that Startale Labs received a US$3.5 million investment from Sony Network Communications.
Project News
Web3 wallet MetaMask integrated with Robinhood Connect
Odaily News Web3 wallet MetaMask announced that it has been integrated with Robinhood Connect, the wallet service launched by the investment and trading platform Robinhood. Robinhood users will be able to use Robinhood Connect to purchase cryptocurrencies through the MetaMask aggregation service.
Polygon announces 17 first selected Village Startup Support projects
Odaily News On February 6, Polygon announced the first batch of 17 projects selected for its founder support program Village Startup Support on the X platform, including: tokenized investment strategy AlphaCaptureXYZ, RWA hotel room booking resale market Buktrips , blockchain game ChainersGame, Web3 lifestyle application DEFIT, environmentally friendly game Ecoland World, decentralized and cross-platform game store Isotopic, Web3 game NFT leasing IQLabs, on-chain knowledge hosting center Lorefy, Web3 loyalty program Metasky, Play to Earn Role-playing game MetaToyDragonZ, Zapier Nerif Network for Web3, NFT ticket and membership solution Moongate, zkAttestation protocol Padolabs, cross-border payment service platform Save Chain, DeFi platform Synergy AI with AI analysis tools, savings and loan product Tropykus, DID Driven Layer-0 Tria.
Starknet: v 0.13.1 is coming soon, the new version will significantly reduce transaction fees
Odaily News Starknet officials stated that the new version v 0.13.1 will be launched soon, and transaction fees will be significantly reduced. EIP-4844 is ready, and since on-chain data is the main component of Starknet transactions, the reduction in on-chain data costs is equivalent to the main cost reduction of Starknet transactions. In addition, improvements have been made in aspects such as version optimization and stability.
Farcaster Lianchuang: Daily activity data has increased 10 times in the past two weeks
Odaily News Dan Romero, co-founder of the decentralized social protocol Farcaster, posted on the growth of.
“Decentralized Twitter” project Bluesky is now open to the public
Odaily News After nearly a year of invitation-only access, the “decentralized Twitter” project Bluesky is now open to the public. Bluesky was founded with funding from Twitter (now X) co-founder Jack Dorsey, and the platform had about 3 million registered users before it was opened to the public.
Enigma: Dymension resumes block production and the mainnet is online
Odaily News Multi-chain PoS staking service provider Enigma stated on the X platform that Dymension has resumed block production and the mainnet has been online.
Previously, rug.ai founder Jake Lee said on the This node has a delegation weight of 34.8% of the pledged tokens.
ETF Progress
Canadian asset management firm Redwood dumps Purpose Bitcoin ETF and switches to BlackRock IBIT
Odaily News According to Bloomberg ETF analyst Eric Balchunas, he disclosed in a post on the
Grayscale transfers 2725.1 Bitcoins to Coinbase Prime Deposit address
Odaily reported that according to Arkham platform data detection, Grayscale transferred 2725.1 BTC to the address of Coinbase Prime Deposit at around 22:08 on February 6, worth approximately US$116 million; it transferred 899.9 BTC to a new address, suspected to be Grayscales. New hosting address.
BlackRock updates IBIT position data: as of February 5, it holds more than 75,000 Bitcoins
Odaily News BlackRock officially updated its spot Bitcoin ETF position data, showing that as of February 5, the number of Bitcoins held by IBIT touched 75,702.51 BTC (an increase of approximately 3235 BTC from last weekend), with a market value of 3,230 , 756, $120.94. In addition, the number of IBIT shares outstanding rose to 127, 200, 000 as of February 5.
BlackRock IBIT tops U.S. spot Bitcoin ETF with $3.194 billion in inflows since launch
Odaily News BitMEX Research data shows that since the launch of the US spot Bitcoin ETF, the top three capital inflows are:
1. BlackRock (IBIT) had an inflow of US$3.194 billion;
2. Fidelity (FBTC) had an inflow of $2.519 billion;
3. Ark (ARKB) saw an inflow of $684 million.
Bitcoin spot ETF sees net inflows of $68 million on 17th trading day
Odaily News BitMEX Research data shows that the net inflow of funds into the U.S. Bitcoin spot ETF on the 17th trading day (February 5) was approximately US$68 million.
Industry news
Federal Reserve: Terminates enforcement action against FTX-affiliated Farmington State Bank
Odaily News The Federal Reserve stated that it has terminated the relevant enforcement actions against FTX-related Farmington State Bank. The Federal Reserve stated that the previous enforcement actions began in July last year to ensure that the bank could protect depositors in the event of failure. Currently, Farmington State Bank It no longer has a banking function. (Bloomberg)
Odaily News Brazil’s tax agency Receita Federal do Brasil (RFB) is strengthening its supervision of cryptocurrency taxation. According to local media reports, the agency discovered irregularities in the tax returns of more than 25,000 taxpayers who had at least 0.05 BTC in their wallets but did not disclose it. Adding all the irregularities, it is estimated that at least 1.06 billion reais ($213 million) in BTC assets were not declared for tax purposes.
The investigation that led to these findings used a combination of traditional and artificial intelligence techniques to identify taxpayers who were omitting crypto assets from their statements. In addition, the agency identified 181 statements submitted by foreign citizens that may be exempt from filing, subject to certain conditions. It is reported that failure to report assets in Brazil may result in fines and prison terms of 6 months to 2 years.
Odaily News South Korean prosecutors announced on Monday that they had arrested and detained three executives of crypto earnings platform Haru Invest, including its two co-CEOs.
Seoul prosecutors have charged three people with stealing about 1.1 trillion won ($826 million) in cryptocurrency from about 16,000 users, an official from the Seoul Southern District Prosecutors Office said.
Haru also used a single individual to invest the majority of customer deposit funds while falsely advertising that their deposits were managed through risk-free distributed investment technology. Haru Invest claims to offer up to 12% yield to users of its Earn Plus product.