Golden Web3.0 Daily | SEC expected to reject spot Ethereum ETF in May

DeFi data

1. Total market value of DeFi tokens: 86.826 billion US dollars

DeFi total market value data source: coingecko

2. The trading volume of decentralized exchanges in the past 24 hours was 4.335 billion US dollars

Trading volume of decentralized exchanges in the past 24 hours Data source: coingecko

3. Assets locked in DeFi: 92.007 billion US dollars

Top ten rankings of DeFi projects with locked assets and locked-in volume Data source: defillama

NFT data

1. Total market value of NFT: US$51.315 billion

NFT total market value, market value ranking of the top ten projects Data source: Coinmarketcap

2. 24-hour NFT trading volume: 3.452 billionUS dollars

NFT total market value, market value ranking of the top ten projects Data source: Coinmarketcap

3. Top NFTs in 24 hours

The top ten NFTs with the highest sales in 24 hours. Data source: NFTGO

Headlines

People familiar with the matter: The US SEC is expected to reject the spot Ethereum ETF next month

Golden Finance reported that VanEck, ARK Investment Management and seven other issuers have submitted applications to the U.S. Securities and Exchange Commission (SEC) to launch an Ethereum spot ETF. The SEC must decide on the applications of VanEck and ARK on May 23 and May 24, respectively. The two companies are the first in line to apply. After frustrating talks with the companies in recent weeks, the SEC is expected to reject the two companies' applications to launch Ethereum spot ETFs, four people familiar with the matter said.

NFT Hotspots

1. TON will airdrop $600,000 worth of TON to NFT traders and holders

Golden Finance reported that TON will airdrop 105,600 TON (about $600,000) to 2,061 NFT traders and holders on the TON NFT market Getgems, xRare, and NFT Diamonds. If users trade or hold NFTs on the above platforms between April 11 and April 23, they will receive airdrops.

2. Ethereum's NFT daily sales on Wednesday exceeded $7.13 million

Golden Finance reported that according to CryptoSlam data, Ethereum was in the lead in the NFT market on Wednesday, with daily sales exceeding $7.13 million. After Ethereum, Bitcoin followed closely behind, ranking second in NFT daily sales, just under $7.13 million. Solana ranked third in NFT daily sales, with daily sales exceeding $5.08 million.

DeFi Hotspots

1. Alchemy Pay announced support for USDT on the TON network

On April 25, the cryptocurrency payment application Alchemy Pay announced support for USDT on the TON network. With the help of Alchemy Pay's payment function, the integration of USDT will bring enhanced accessibility to users within the TON ecosystem.

2.OKX Ventures announced investment in the first MoveVM L2 network Movement

On April 25, Movement is the first integrated blockchain network designed for speed and security. By building the first MoveVM L2 on Ethereum, Movement can achieve parallelization and formal verification at the execution layer, thereby effectively expanding applications. Application chains and protocols launched on Movement can benefit from unique high throughput and complete smart contract security, while remaining on Ethereum for optimal liquidity and security. "We are very happy to participate in the investment of Movement Labs. Movement is an EVM modular network based on the move language. It uses the move language to optimize the security and performance bottlenecks of solidity, combining the security and parallelism of smart contracts with the liquidity and user base of EVM to create a faster, lower-cost, more flexible and compatible L2 network. The design of its M1 and M2 products enables developers to build and deploy a modular framework of move language infrastructure, applications and blockchains in any environment, enabling the large-scale application and development of the move language." said Dora, founder of OKX Ventures.

3. Merlin Chain and Antalpha Prime reached a strategic cooperation

Golden Finance reported that Merlin Chain and Antalpha Prime, a digital asset platform under Bitmain, reached a strategic cooperation, which will provide more secure protection for digital assets on Merlin Chain and provide more asset management services for M-BTC.

4. Decentralized AI search engine Adot completes $3 million in Pre-A round of financing

Golden Finance reported that Adot (a.xyz), a decentralized artificial intelligence search engine company founded by former Google core team engineers, announced the completion of a $3 million Pre-A round of financing, led by Hash Global, with gumiCryptosCapital (gCC) and XinFamily participating. So far, Adot has raised a total of $6 million. Other investors include SevenX Ventures, Mask Network, Var Capital and Mixmarvel.

5.Taiko: Hekla testnet is open to the public

On April 25, Ethereum L2 project Taiko announced that the Hekla testnet is open to the public, supports EIP-4844 functions, and the mainnet is about to be launched. New features: no longer need archive L1 nodes; enable EIP-4844DA blocks; adjust L2 block gas issuance and upper limit; fine-tune EIP1559 configuration; improve daemon proof infrastructure; support two-step claiming of L2 to L1 bridge tokens. In addition, Hekla adopts the same competition-based Rollup (BCR) mechanism as Katla. Taiko will be launched on the mainnet using the BCR architecture. Katla will be deprecated on May 10.

Game Hotspots

1. Sui Network: XOCIETYofficial, a shooting game based on Sui's dynamic NFT and transaction speed, will be launched at the end of the year

Golden Finance reported that Sui Network announced on the X platform that XOCIETYofficial, a shooting game based on Sui's dynamic NFT and transaction speed, will be launched at the end of the year. The game was produced by NDUS Interactive and provides fast-paced barrier-free gameplay in an environment built in Unreal Engine 5.

2.Base Ecological Chain Game Fren Pet will release a new version on April 26

On April 23, Base Ecological Chain Game Fren Pet will release a new version on April 26, which will be presented in the form of a new application, with a complete rewrite of the content and improved mechanical design in the game.

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 concept and be sure to increase risk awareness.