Polygon launches Polygon ID Release 6 LayerZero on Xai

Toutiao

▌Polygon launches Polygon ID Release 6, introducing dynamic credentials for the first time

Polygon announced Polygon ID Release 6, which for the first time implements dynamic credentials, a W3C specification that allows users to automatically refresh expired credentials from their wallet. Release 6 includes additional features that advance the identity stack, such as: testing zkQuery with the new QueryBuilder; custom credential design; private uniqueness proofs (beta) and more.

▌LayerZero has launched Layer 3 blockchain Xai

LayerZero announced that it has been launched based on Arbitrum Orbit stack’s Layer 3 blockchain Xai. LayerZero Labs will join Xai’s Data Availability Council (DAC), with DAC members playing a role in ensuring Xai’s data availability by storing and serving data on demand.  

In addition, applications integrated with LayerZero can now add Xai as a supported network, allowing gamers and builders in the Xai ecosystem to seamlessly connect to more than 50 blockchains through LayerZero endpoints.

Quotes

As of press time, according to coinmarketcap data:

The recent transaction price of BTC was 52,282.4 US dollars, with fluctuations during the day. Frame+1.18%;

ETH Recent The transaction price was US$3,016.74, and the intraday increase or decrease+3.17%;< /p>

BNB’s recent transaction price was US$354.7, with an intraday increase or decrease of +0.97% strong>;

ORDI’s recent transaction price was US$67.476, with an intraday increase or decrease+2.23%;

The recent transaction price of DOGE was US$0.08615, with intraday changes +1.88%;

SOL’s recent transaction price was US$108.3, with intraday gains and losses+1.57%.

Policies

▌Bitcoin and Ethereum addresses associated with LockBit Added to Sanctions List by the United States

The U.S. Treasury Department has added 10 Bitcoin and Ethereum addresses related to people affiliated with the Russian ransomware group LockBit to the sanctions list. As of press time, none of them Contains any funds. The U.S. Treasury Department announced: "This operation is the first in our ongoing cooperation with the U.S. Department of Justice, the FBI and our international partners targeting LockBit." 

According to Europol According to a press release, more than 200 cryptocurrency accounts associated with LockBit have been frozen, while US, UK and EU authorities have all seized various branches of the ransomware group's infrastructure.

Blockchain Applications

▌Uniswap v2 has been launched in six regions including Arbitrum and Polygon Blockchain online

According to official news, Uniswap v2 has been launched on six blockchains: Arbitrum, Polygon, Optimism, Base, Binance Smart Chain and Avalanche. Users can directly access all blockchains through the Uniswap page. Seamlessly exchange and provide liquidity on supported chains. Since v2 and v3 are available on all supported networks, users have the flexibility to choose between the simplicity of v2 and the more advanced features of v3.

▌Stellar: Protocol 20 and smart contracts have been launched on the main network

Stellar blockchain announces Protocol 20 and smart contracts The contract has gone live on mainnet, a move that comes after validators voted for the mainnet upgrade, marking “a new era for the Stellar smart contract technology stack.”  

The team stated that validators plan to gradually increase the limit of Soroban transactions to reach full capacity. As the numbers increase, Stellar enters its first phase, where more than 160 builders and projects already building on the testnet will begin deploying on the mainnet. Once the project is deployed and the network is stress tested, the dApp will be launched for everyone to use.

▌Pudgy Penguins launches Pudgy toys in 3,100 Walmart stores in the United States

According to the official announcement , following a successful debut in Walmart stores in September 2023, Pudgy Penguins announced that its Pudgy Toys line is now available in 3,100 Walmart stores across the United States, with Pudgy toys ranging in price from $2.99 ​​to $11.97. The new line will include 30 different toys, including Lil Pudgys Igloo collectibles and action figures, all exclusive to Walmart. Additionally, with the introduction of OverpassIP, holders who submit Pudgy Penguins for a license will receive royalties included in the new expansion.

▌Bitcoin ABC launches version 0.28.10

Bitcoin ABC announces the launch of 0.28.10 version that makes the chronik indexer (experimental) available on all supported Linux platforms.

Cryptocurrency

▌< /strong>The trading volume of the nine spot Bitcoin ETFs today was approximately US$2 billion, the highest since the first day of listing

According to Bloomberg analyst Eric Balchunas. According to data, the trading volume of nine U.S. spot Bitcoin ETFs today is approximately US$2 billion, the highest since the first day of listing. This is thanks to the huge trading volume contribution of Vaneck’s HODL, WisdomTree’s BTCW and Bitwise’s BITB. They have all broken Respective single-day transaction records.  

“$2 billion in trading volume puts them in the top 10 or so of ETFs and the top 20 or so of stocks, which is a big number,” analysts said.

▌Michael Saylor: Will “always buy Bitcoin” and has no plans to sell

In response to a Bloomberg reporter’s question about when to sell Bitcoin, MicroStrategy founder Michael Saylor said that he would continue to “buy Bitcoin Forever” and had no plans to sell.  

Saylor believes that Bitcoin competes with larger asset classes such as gold, real estate and the S&P Index, but it is a superior product. He said: “Bitcoin is inherently superior and there is no reason to sell superior to buy failure. We believe capital will continue to flow into Bitcoin from these asset classes because Bitcoin is technically superior to these asset classes and in this There is no reason to sell the winners and buy the losers".  

Golden Finance previously reported that MicroStrategy held 190,000 Bitcoins as of the end of January, with a current position worth approximately US$10 billion and a floating profit of US$4 billion.

▌Grayscale ETF Director: Spot Ethereum ETF in 5 50% chance of monthly approval

Grayscale ETF director Dave LaValle was asked at the ETF’s annual conference in Miami if the SEC rejects Grayscale’s conversion of its Ethereum trust into a spot ETF. request, the company will sue the SEC again. Grayscale will "have to wait and see what happens," LaValle said, adding that he gave a 50% chance of approval in May.

▌21Shares President: Bit Bitcoin ETF market will consolidate into three to five winners

Ophelia Snyder, president of 21Shares, said that Bitcoin ETFs have been hugely successful so far this year, but the difference between large issuers and other issuers The huge gap could mean the field shrinks next year. "I think in this market at its most you're going to see three to five winners," he said.  

Snyder said that for smaller ETFs, it will be a challenge to compete with the largest peers, especially those with more than $1 billion in assets, and the market will eventually be offered higher Attracted by players with higher trading volume and greater liquidity, this will squeeze the survival space of smaller issuers who cannot match them.

▌Analyst: Ethereum put options expiring at the end of the month are concentrated at $2,200

Before expiration at the end of February Ethereum options open interest shows that put strike prices are concentrated at the $2,200 level. While one analyst said this could be a hedge against bullish positions, it could also signal a bearish short-term outlook for Ethereum. Jag Kooner, head of derivatives at Bitfinex, said: “The strike price of the Ethereum put option is $2,200 and the call option price is $2,400, which may indicate a bearish outlook in the short term, and traders are preparing for potential price declines.”

▌CryptoQuant: BTC Korea Premium Index is 3.53%, not reaching overheating level

CryptoQuant Analyst It said that the Bitcoin Coinbase Premium Index is positive, and the Korean Premium Index, which is usually used to identify short-term overheating, is currently at 3.53%, up from 1.5% last week, but has not yet reached overheating levels. Analysts believe that the positive Coinbase Premium Index indicates good investor sentiment in the United States, while the lack of overheating in the South Korean Premium Index indicates that BTC is ready to move sideways or rise further. The rise in the altcoin market is likely to continue until the Korean Premium Index shows overheating (over 5%).

Important Economic Updates

▌U.S. Senate Banking Committee Chairman Calls on Powell to Punish Trading Violations< /strong>

U.S. Senate Banking Committee Chairman Sherrod Brown called on the Federal Reserve to strengthen its policies regarding financial market transactions by Fed officials. It comes after a regulator's report last month revealed new details about policymakers' trading during the pandemic. The Fed revised its internal ethics rules two years ago after a series of trading scandals led to the resignations of two regional Fed presidents and triggered a wave of criticism from Congress. Brown said in a letter to Federal Reserve Chairman Jerome Powell on February 20 that these regulations are constructive but lack enforcement mechanisms and punitive measures. "I call on the Federal Reserve to impose substantial penalties on Fed officials who engage in prohibited market trading activities." Brown wrote, "Unless it hits the sore spot, nothing will change." (Golden Ten Data APP)

Golden Encyclopedia

▌The role of validators in the blockchain

Validators play a vital role in the functioning of the blockchain by being responsible for adding new blocks and validating transactions in proposed blocks. Validators are essential for validating transactions in blockchain consensus mechanisms such as Proof of Stake (PoS) and Proof of Authority (PoA). They check that new transactions comply with network rules and ensure that the sender has sufficient funds to complete the transaction. Validators are also responsible for ensuring the security of the blockchain by monitoring the network for any malicious activity, such as double spends. Validators are paid in the underlying blockchain’s native cryptocurrency.

Disclaimer: As a blockchain information platform, Golden Finance publishes articles for information reference only and not as actual investment advice. Please establish a correct investment philosophy and be sure to increase your risk awareness.