BCH breaks through $500 crvUSD mint reaches 162 million

Headlines

▌BCH breaks through 500 US dollars

The market shows that BCH breaks through 500 US dollars in a short time, and the current price is 503.15 The U.S. dollar rose 51.7% on the day. The market fluctuates greatly, so please control your risks.

▌The number of minted crvUSD reached 162 million pieces

Curve website data shows that the minted number of Curve’s native stablecoin crvUSD exceeded 1.62 million 100 million pieces, 162,124,350 as of press time. The collateral value based on WBTC is US$121 million, the collateral value based on wstETH is US$81.9415 million, the collateral value based on ETH is US$68.9524 million, and the collateral value based on sfrxETHV2 is approximately US$26.3332 million.

Quotes

As of press time, according to coinmarketcap data:

The recent transaction price of BTC was 61,864.81 US dollars, with fluctuations during the day. Frame-0.51%;

ETH Recent The transaction price was US$3328.95, and the intraday increase or decrease-0.42%;< /p>

BNB’s recent transaction price was US$410.45, with intraday changes +0.27%;

ORDI’s recent transaction price was US$80.85, with an intraday increase or decrease+6.96%;

DOGE’s recent transaction price was US$0.1405, with intraday gains and losses-3.45%;

SOL’s recent transaction price was US$128.96, with an intraday increase or decrease+0.27%.

Policy

▌FATB downgrades Russia due to "insufficient regulation of virtual assets and cryptocurrencies" Compliance Rating

According to Bitcoin News, the intergovernmental anti-money laundering agency Financial Action Task Force (FATB) downgraded Russia’s compliance rating due to “inadequate regulation of virtual assets and cryptocurrencies.” regulation rating.

▌U.S. SEC Commissioner: Regulators are considering Ethereum spot ETFs

U.S. Securities and Exchange Commission Commissioner Hester Peirce revealed when attending the ETH Denver event that the United States The SEC is considering an Ethereum spot ETF but currently “has nothing to disclose.” Additionally, Hester Peirce believes that some of the choices made by the SEC are very strange when regulators kick entities out of the United States. , effectively pushing them beyond the control of US regulators.

Blockchain Applications

▌ The Ethereum expansion project Taiko completed a $15 million Series A financing

The Ethereum expansion project Taiko completed a $15 million Series A financing, led by Lightspeed Faction, Hashed, Generative Ventures, and Token Bay Capital. Wintermute Ventures, Presto Labs, Flow Traders, Amber Group, OKX Ventures, GSR, WW Ventures, etc. participated in the investment. Taiko has raised a total of US$37 million in financing through three rounds of financing. Taiko is a decentralized Type-1 ZK-EVM. Since 2022, Taiko has released six testnets and has more than 1.1 million unique wallets.

▌Consensys CEO: Decentralization will lead to an “intergenerational paradigm shift”

Consensys CEO and Ethereum co-founder Joseph Lubin said, The world is on the cusp of a generational shift driven by decentralization as the current world monetary system is failing. Lubin believes that this shift will lead to a “super cycle” in the crypto industry as the monetary system evolves and wealth is transferred to younger generations. Lubin believes that we are at the end of the fourth and final stage of this cycle, and that the current centralized system has reached its limits and cannot meet the needs of the emerging generation. He contrasted the current top-down, controlled financial system with the potential for decentralized trust offered by blockchain technology. Satoshi Nakamoto created Bitcoin as a reaction to the limitations of traditional finance, opening the door to a shift from centralized intermediaries to an open, transparent system where anyone can participate in and verify transactions.

▌Fair Math, a developer of encryption privacy protection technology, completed US$1.4 million in financing

Fair Math, a developer of fully homomorphic encryption privacy protection technology, announced the completion of US$1.4 million in financing. Pre-seed round of financing in US dollars, led by gumi Cryptos Capital, Inception Capital and Polymorphic Capital.

▌Web3 game platform Portal launches the BuildingBlocks Foundation

Web3 game platform Portal announced the launch of the BuildingBlocks Foundation, aiming to promote the continued development of the Portal protocol and ecosystem. Centralization. It will continue to bring the first billion players to Web3 through community participation, grants, and decentralized growth.

Cryptocurrency

▌2 victims PEPE worth $1.1 million stolen

Scam Sniffer monitoring shows that in the past 3 hours, PEPE worth $1.1 million was stolen from 2 victims.

▌68,999,983 USDT were transferred from Bitfinex to an unknown wallet

According to Whale Alert monitoring, at 00:50:20 Beijing time today, 68,999,983 USDT was transferred from Bitfinex Transfer to unknown wallet.

▌Polygon PoS’s 24-hour DEX trading volume exceeds US$500 million

According to defillama data, Polygon PoS’s 24-hour DEX trading volume exceeds US$500 million. Set a record since March 2023.

▌Linea main network has been bridged and transferred 411,376 ETH

According to Dune data, Linea main network has been bridged and transferred 411,376 ETH, and the transaction The number reached 940,432, and the number of interactive addresses reached 428,014.

▌The total value of Starknet bridge storage reaches 878,000 ETH

Dune data shows that the total value of zkSync bridge storage reaches 3,251,912 ETH, and the total value of Starknet bridge storage reaches 3,251,912 ETH. The value (TVB) is 878,075 ETH, and the total number of bridge user addresses is 1,223,866; the total value of Arbitrum bridge storage is 3,477,133 ETH, the total value of Optimism bridge storage is 738,507 ETH, and the total value of Base bridge storage is 342,041 ETH.

▌ARK Invest reduced its holdings of Coinbase stocks by a total of $43.4 million and Robinhood stocks by $8.6 million this week

A subsidiary of Cathie Wood ARK Invest reduced its holdings of 216,035 Coinbase shares this week, worth approximately $43.4 million. In addition, it also reduced its holdings of 548,619 Robinhood shares this week, worth approximately $8.6 million.

▌The total transaction volume of NFT lending platform Blend has reached US$5.074 billion

According to Dune data, Blur’s NFT lending The total transaction volume of the platform Blend has reached US$5.074 billion, with a total of 571,749 loans. The platform currently has 9,281 independent borrowing addresses and 4,289 independent lending addresses.

▌Total NFT sales on Solana chain reached US$5.071 billion

According to the latest data from CryptoSlam It shows that the total NFT sales on the Solana chain reached US$5,071,983,463, and the NFT transaction volume on the chain was approximately 43,879,312, of which the number of buyers on the chain was 2,340,063 and the number of sellers was 1,641,542. Historical data shows that NFT sales on the Solana chain exceeded US$365 million in December last year, setting the largest single-month record to date.

Important economic developments

▌Federal Reserve Semi-annual Monetary Policy Report: Inflation is “obviously” declining Slow, but still 2% above the target level

The Federal Reserve released its semi-annual monetary policy report on Friday. The report shows that employment gaps and earnings gaps by gender, race, ethnicity and educational attainment have narrowed due to strong demand for labor, but large disparities remain between different groups. The Fed said inflation has slowed "significantly" but remains above its 2% target. While labor demand has eased, the labor market remains "relatively tight." The Fed also said that the banking system is sound and resilient, but that last year's bank failures brought acute stress and that there are still several risk areas that should be monitored.

Golden Encyclopedia

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