[Link to FM] MetaMask launches MetaMask Snaps, Bybit becomes the second largest BTC futures open interest exchange

【Data Intelligence】

Singularity Future: A joint venture of US$250 million is proposed to build a 1 GW bitcoin mine in the United States, which is expected to be fully loaded with 300,000 bitcoin mining machines

According to the news on April 15, Singulato, a listed company in the US stock market, announced on April 14 that it signed a contract with the Georgia company Golden Mainland Inc. on April 10, planning to build an estimated total of The 1 gigawatt bitcoin mining farm is expected to be fully loaded with 300,000 bitcoin mining machines, each with a power consumption of 3,400 watts per hour; the two parties expect the total joint investment to reach up to 250 million U.S. dollars, and Singularity will hold the joint venture in the future 51% equity and contribute capital according to its own equity.

Smart contract auditing platform Sooho.io completes $4.5 million financing, led by WeMade Tree

On April 15, according to CoinDesk, Sooho.io, a South Korean smart contract audit platform, completed a $4.5 million financing, led by WeMade Tree, a blockchain game platform owned by WeMade Entertainment, the operator of "Legend of Blood". It is understood that Sooho.io provides audits for IT departments of companies including Samsung and LG through its proprietary software Odin. In addition, Sooho.io has also established Kleva, an aggregated leveraged income product, with a TVL of US$500 million.

【 Regulatory News 】

Former U.S. SEC official: SEC has not yet classified NFT attributes, but may investigate some NFTs

According to news on April 14, John Reed Stark, former director of the Internet Enforcement Office of the US Securities Commission (SEC), said that the SEC can determine whether NFT is a security, but regulators have not yet disclosed their cases of classifying assets as securities. That doesn’t mean the SEC won’t investigate certain NFTs, he added. In addition, Bloomberg stated that NFTs also fall under the jurisdiction of the Federal Trade Commission (FTC), which has the authority to issue warnings. Regarding whether celebrity endorsement NFT will be regulated, FTC spokesperson Juliana Gruenwald emphasized that the agency will evaluate whether someone has not disclosed paid endorsement transactions.

Portugal’s Central Bank Grants Country’s First Cryptocurrency Operating License to Bison Bank

On April 15th, the Central Bank of Portugal has approved the issuance of a virtual asset service provider (VASP) operating license for the local financial institution Bison Bank. Bison Bank plans to establish a special business enterprise, Bison Digital Assets, to operate a cryptocurrency exchange. “The company will be the first legal entity in Portugal that can act as a custodian and exchange cryptocurrencies,” the outlet explained.

【Industry Trends】

MetaMask Launches MetaMask Snaps Will Support Bitcoin and More Blockchain Networks

MetaMask Wallet issued a document stating that the launch of MetaMask Snaps will support Bitcoin and more blockchain networks.

Bybit Becomes the Second Largest Bitcoin Futures Exchange by Open Interest, Surpassing CME

Crypto exchange Bybit, with more than 2 million registered users, has become the second largest bitcoin futures exchange by open interest (OI), surpassing the Chicago Mercantile Exchange (CME), according to the latest data from Skew. Open interest is the total number of open derivatives contracts, such as options or futures, held by market participants at the end of the day. Skew data shows that Bybit now has $2.48 billion in BTC futures open interest, CME is $2.3 billion, and Binance still ranks first.

Uniswap Labs announces the launch of the Swap Widget, which seamlessly connects to other programs

Uniswap Labs announced the launch of the Swap Widget, which allows developers to easily embed Uniswap exchange functions, allowing users to seamlessly exchange Tokens, join communities or DAOs, package assets, and more. Swap Widget is currently available in OpenSea, Friends With Benefits and Oasis.app.

EOS EVM main network will be launched in the third quarter of this year

On April 14th, according to the quarterly report released by the EOS Network Foundation, the foundation’s cumulative expenditure in the first quarter of this year was approximately US$4.4 million, of which US$2.24 million was used to fund grants and US$920,000 was used for core code development. At the same time, the foundation also disclosed that the test network of the EOS EVM network will be launched in the second quarter, and the main network will be launched in the third quarter.

【Elite Viewpoint】

MicroStrategy CEO 'Promises To Buy More Bitcoin In The Future'

According to news on April 15, MicroStrategy CEO Michael Saylor stated in a letter to investors on the 14th (local time) that he will actively implement the Bitcoin strategy in the future. He said: "I have spent almost two years trying to buy BTC and incorporate it into business assets. By adopting Bitcoin as the main financial reserve of enterprises, we have differentiated ourselves from traditional competitors. This is billions of dollars. Great success for the U.S. dollar.” “We will buy more bitcoins in the future,” he said.

【What to watch today】

U.S. Treasury Links Ronin Cross-Chain Bridge Attacker Address to North Korean Hacking Group and Sanctions

The U.S. Treasury Department added an Ethereum address (0x098B716B8Aaf21512996dC57EB0615e2383E2f96) to its sanctions list on Thursday, noting that the address is controlled by the North Korean hacking group "LAZARUS GROUP." According to Etherscan information, this address is marked as the Ronin cross-chain bridge attack address, which means that the leader of the theft of Ronin may be a North Korean hacker organization.

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