headlines
Scopescan data shows that the address starting with 0x c 7 c, labeled Teneo: 3AC Liquidation, currently holds a total value of crypto assets exceeding US$591 million. Among them, WLD is worth US$557 million (75 million pieces), accounting for approximately 94% of the total assets of this address, making this address the ninth largest holding address of WLD.
Other assets include:
-8.437 million DYDX, approximately US$26.91 million;
-5.75 million USDC;
-160,000 AXS, equivalent to approximately US$1.32 million.
According to the latest data from OpenSea, the total transaction volume of the NFT project Pudgy Penguins has exceeded 300,000 ETH, currently touching 300,648 ETH, of which the transaction volume in the past seven days has reached 11,364 ETH, an increase of 154%. In addition, the current floor price of Pudgy Penguins has dropped slightly to 20.275 ETH.
WLD’s market capitalization exceeds US$1 billion, hitting record high
According to the latest data from Coingecko, the market value of WLD has exceeded US$1 billion, currently touching US$1,012,776,819, a record high. The 24-hour trading volume is US$1,089,772,948, and the current price has risen to US$7.75. The intraday increase reached 44.7%.
Industry news
Coinbase merchant payments platform removes support for native Bitcoin and other UTXO tokens
The Coinbase merchant payments platform has removed support for native Bitcoin and other UTXO tokens, with CEO Brian Armstrong stating that a Coinbase account is now required to make merchant payments.
“Online payments using cryptocurrencies won’t really become mainstream until we move away from Layer 1 and reduce transaction fees and confirmation times, so we’re working hard to accelerate to get there,” Armstrong noted.
South Korea’s ruling People Power Party is studying ways to allow a spot Bitcoin ETF as part of its campaign promise in the upcoming April general election, local media reported on Monday.
In addition to spot Bitcoin ETFs, the right-wing party said it would review legislative measures to approve other cryptocurrency-related investment products approved in the United States, News 1 reported. Last month, the country’s financial regulator reiterated its ban on financial institutions launching any type of cryptocurrency ETF.
The ruling party also plans to consider gradually lifting the country’s ban on institutional investment in cryptocurrencies and IEOs. When it comes to institutional crypto investing, the party is exploring the possibility of allowing investment institutions to purchase cryptocurrencies before approving banks or insurance companies. This approach takes into account the need for banks and insurance companies to prioritize protecting user funds.
At the same time, the party
Project News
Ethena Labs launches public mainnet and launches Shard Campaign user incentive activity
According to official news, Ethena Labs announced the launch of the public mainnet and launched the Shard Campaign user incentive activity. Ethena Labs stated that the launch of the public mainnet represents the official launch of its stablecoin USDe. The Shard Campaign will be divided into multiple epochs, each The rewards involve different activities of USDe and the integration of different communities that Ethena will work closely with. The first of these epochs focuses on the liquidity of the USDe Curve pool.
Y Combinator: Stablecoin projects will be one of the main investment categories
Y Combinator issued an article listing the main investment categories of its venture capital investment, including stable currency projects. Y Combinator said it hopes to fund outstanding teams to build B2B and consumer products based on stablecoins, tools and platforms, thereby achieving stablecoin finance and a more stable currency protocol itself.
Puffer Finance TVL exceeds US$1 billion, Justin Sun ranks first in points
According to the official website of Puffer Finance, Puffer Finance TVL exceeded US$1 billion, with more than 200,000 participating addresses, among which Justin Sun ranked first in points.
Backpack: Will strictly monitor malicious brushing behavior and reserve the right to take measures
Backpacks Chinese account posted on the More high-quality projects and functions are available for users to use.
ETF related
DWF Labs Lianchuang Andrei Grachev posted on the X platform that the ETH ETF approval is coming soon and will once again face FOMO about NFT, ETH ecology, and ETH/BTC Meme.
Bernstein: Ethereum spot ETF has about a 50% chance of being approved before May
Brokerage firm Bernstein said in a research note on Monday that now may be the time to look at the second-largest cryptocurrency, Ethereum. The report states that Ethereum “may be the only digital asset that is likely to receive SEC approval for a spot ETF.”
Bernstein said there is about a 50% chance of an Ethereum spot ETF being approved by May, and it will almost certainly be approved within the next 12 months.
Analysts Gautam Chhugani and Mahika Sapra wrote: “Ethereum is primed for mainstream institutional adoption with its staking yield dynamics, environmentally friendly design, and institutional utility for building new financial markets.” The Ethereum yield market will grow in step with its market capitalization , and may power unique ETFs if staking yields are included in the ETF design.
The brokerage noted that institutions don’t just want to launch an Ethereum spot ETF, they want to “build a more transparent and open tokenized financial market on the Ethereum network,” adding that the “utility goes beyond asset pooling.”
character voice
Vitalik posted on the Light client.”
Vitalik: AI-assisted code verification and error checking are exciting
Vitalik posted on the The rules of the game are going to be amazing.”
Andrew Kang, co-founder of Mechanism Capital, posted on the same scale without attracting any external funding.
The only way this is possible is to identify S-level teams with great product potential early on, accumulate majority ownership of the projects through the public market, and fully support them until they increase in value by more than 100 times, and some even increase in value by 1000 times. Methods of support include token incentives/issuance design, marketing/community development strategies, DeFi integration/partnerships, exchange connections, product design, introducing other signals/value-added funds/investors/users/developers, becoming a high-profile member of the protocol Energy users and more.
I have followed many of these projects from the start-up stage with a market capitalization of less than $50 million to more than $2 billion, and some even exceeded $5 billion, including Thorchain, Pancakeswap, Frax Finance, etc. Many of my followers who followed me last round made 8 figure profits on many of these projects.
Zhu Su posted on the Post in support of the project.
Zhu Su also said that he would not directly benefit from the performance of WLD, but was pleased that 3ACs creditors had one of the largest WLD holdings.
It is reported that Zhu Su posted on October 21, 2021: Worldcoin is one of the most ambitious and exciting projects I have seen in the encryption field so far.
