▌Ethereum blobs are used to create inscriptions, and 2,437 blob inscriptions were created on March 27th
According to Dune Analytics data , Ethereum blobs are being used to create inscriptions at record speeds, much like Ordinals on Bitcoin. According to a Dune Analytics user named Hildobby, 2,437 blob inscriptions appeared on March 27, accounting for 22.8% of the blobs released that day. Compared with the situation in Ethereum L2, inscriptions accounted for 2437 blobs released on Wednesday. The highest proportion. Additionally, the increase in blob inscription coincides with a spike in Base fees, reaching $300 before falling to around $30. Hildobby said that inscriptions on the EVM chain embed data in transactions, much like Ordinals on Bitcoin.
Ethereum’s March 13 Dencun upgrade allows the creation of data blobs, which increases the amount of data included in Ethereum transactions without affecting block processing time.
▌Bitcoin L2 network BOB completed US$10 million in financing
Bitcoin’s hybrid Layer2 (L2) network BOB completed US$10 million in financing, Castle Island Ventures led the investment, with participation from Mechanism Ventures, Bankless Ventures, CMS Ventures, UTXO Management, as well as angel investor Dan Held and BRC-20 token standard creator Domo. BOB aims to launch the first Bitcoin Layer2 compatible with the Ethereum Virtual Machine (EVM).
As of press time, according to coinmarketcap data:
The recent transaction price of BTC was 69,456.7 US dollars, with an intraday increase or decrease+0.83%;
ETH’s recent transaction price was 3505.46 US dollars, with intraday changes-0.26%;
BNB’s recent transaction price was US$575.2, with intraday gains and losses+0.91%;
ORDI’s recent transaction price was US$62, with intraday increases and decreases-0.42%;
DOGE’s recent transaction price was US$0.1902, with intraday changes+1.45%;
SOL’s recent transaction price was US$186.36, with intraday gains and losses< span style="color: rgb(0, 176, 80);">+2.86%.
▌The United States and the United Kingdom now impose joint sanctions on the “Hamas-aligned” crypto fundraiser Gaza Now
The pro-Hamas online media channel Gaza Now has been jointly sanctioned by the United States and the United Kingdom for facilitating public fundraising for Hamas following the October 7 attacks in Israel. Blockchain analytics firm Elliptic found that Gaza Now received $21,000 in cryptocurrency donations in the weeks after the attacks. Cryptocurrency donations still make up only a small part of the overall terrorism financing landscape, according to a new report from TRM Labs. Most donations are under $500.
▌Dutch prosecutors seek 64-month prison sentence for Tornado Cash developer Alexey Pertsev
Dutch prosecutors told judge at trial that Tornado Cash developer Alexey Pertsev should be sentenced to 64 months in prison for money laundering. An indictment shared by prosecutors before trial details Pertsev laundering $1.2 billion worth of cryptocurrency through the anonymity tool Tornado Cash. The indictment alleges that between July 9, 2019, and August 10, 2022, Pertsev "developed a habit of money laundering." The court said the judge will make a ruling on May 14.
▌The Hague International Legal Institution launches digital asset tokenization plan
The Hague Conference on Private International Law (HCCH) launched a digital asset tokenization project , aiming to solve the legal confusion of cross-border enterprises. The project will look into different types of digital tokens, such as real estate tokens and payment tokens. At the same time, HCCH is also conducting preliminary research on legal issues regarding digital securities and how to manage and control digital assets in blockchain networks.
▌Algorand claims to be the first L1 blockchain to use Python as a native programming language
< p>The Algorand Foundation launches AlgoKit 2.0, claiming that this makes Algorand the first L1 blockchain to use Python as a native programming language. Popular applications such as Instagram, Spotify and Uber are written in Python and used by more than 10 million software developers worldwide, the team said. AlgoKit 2.0 is an upgrade to the AlgoKit command line interface (CLI), a toolset for building on Algorand that enables developers to write Web3 applications using regular Python, which has been enhanced with an improved template system Internally re-architected to provide an overall more streamlined developer experience.▌Layer N announces the launch of AI Functions for AI inference and AI use cases
Layer N (an "Ethernet" designed as a custom virtual machine network StateNet”) announced the launch of AI Functions, a tool that allows developers to integrate AI inference and AI use cases in their applications. This is in partnership with Modulus Labs, a company focused on bringing AI on-chain through ZK technology. Examples of use cases might include replacing AMMs with more complex models, yield optimization strategies, gaming and AI cryptographic agents, and AI arbitration. "Imagine a prediction market that includes AI-based arbitration of event outcomes, thereby reducing the risk of consensus collusion," the team wrote in a blog post.
▌BlackRock CEO: Even if the US SEC defines cryptocurrencies as securities, launching an Ethereum ETF is still possible
BlackRock CEO Larry Fink said , even if the U.S. Securities and Exchange Commission (SEC) designates the cryptocurrency as a security, launching an Ethereum ETF is still possible, which would increase regulatory scrutiny surrounding the second-largest digital asset.
▌BlackRock tokenization investment fund BUIDL inflows increase to $245 million
According to data from rwa xyz, BlackRock tokenization Investment fund BUIDL saw inflows rise to $245 million, experiencing strong demand within a week of launch, with growth boosted by a $95 million inflow from Ondo Finance. Its $245 million size is second only to Franklin Templeton’s Franklin On-Chain U.S. Government Currency Fund (FOBXX), which has $360 million in deposits. As cryptocurrency companies and global financial giants race to bring traditional instruments like bonds into the blockchain orbit, U.S. Treasuries are a gateway to the tokenization of real-world assets.
It was previously reported about an hour ago that BlackRock’s tokenized investment fund BUIDL had an inflow of US$160 million within a week of its launch.
▌Ethena will airdrop ENA tokens to users on April 2
Ethena, a DeFi protocol that provides USDe stablecoins worth US$1.3 billion, announced plans, It is planned to airdrop tokens to users on April 2. The protocol plans to airdrop 750 million ENA tokens, accounting for 5% of the total supply. The campaign to earn “points,” which makes users eligible for token airdrops, will end on April 1. Users who unstake, unlock, or sell all USDe before this date will not be eligible for the airdrop.
▌BlackRock’s tokenized investment fund BUIDL has inflows of US$160 million within a week of its launch
The U.S. Dollar Institutional Digital Liquidity Fund (BUIDL) is a Ryder’s first tokenized investment fund achieved an inflow of nearly $160 million in its first week of establishment. Ondo Finance, a tokenized real-world asset (RWA) platform, issued a document stating that it will allocate a "significant portion" of the assets of its tokenized short-term U.S. Treasury bond ETF OUSG to BUIDL. Ondo said it will transfer $95 million to BUIDL, It's unclear whether the $95 million is included in the $160 million BlackRock has already accumulated.
It is reported that BUIDL is a tokenized money market fund that invests in U.S. Treasury bills, repurchase agreements and cash. With the help of Miami-based Securitize, it uses the Ethereum blockchain to issue BUIDL tokens, which are designed to provide a stable value of $1 per token, with tokens representing U.S. dollar gains to qualified investments. pay dividends.
▌Lawyers predict that former FTX CEO SBF will make a personal statement in court
Legal experts predict that former FTX CEO SBF will be held in New York on Thursday hearings were predicted. It is said that SBF will face 20 to 30 years in prison, the prosecution requested a sentence of 40 to 50 years, and the defense advocated 6.5 years. SBF was found guilty of seven counts in the FTX fraud case. SBF is expected to make a personal statement in court on Thursday, although it is still unlikely that he will fully accept responsibility. Victim impact statements can have a significant impact on sentencing. SBF still reserves the right to appeal.
▌Federal Reserve Governor Waller: Data shows the need to reduce interest rates or start easing policy later
Fed Governor Waller said that it may be appropriate to cut interest rates this year, but it is not the time yet; data shows the need to reduce interest rates or start easing policy later; the risk of waiting is lower than the risk of cutting interest rates prematurely; the current economy is "still in no rush" Cut interest rates; the Fed may need to maintain the current interest rate target longer than expected; more progress is needed on inflation to support a rate cut; it will take at least several months of data to be sure that the inflation rate will reach 2%; the economic situation is strong, providing support for the Fed Assessing the data provides room; the economy is growing healthily.
▌The three major U.S. stock indexes collectively closed higher, and the S&P 500 index hit a new closing high
Golden Finance reported that the three major U.S. stock indexes collectively closed higher, The Dow rose 1.22%, the S&P 500 rose 0.86%, and the Nasdaq rose 0.51%. Among them, the S&P 500 Index reached a new closing high, and the Nasdaq and the Dow Jones Industrial Average were both close to their historical closing highs.
The genesis block kicks off the blockchain by establishing the network, adhering to consensus rules, and linking all future blocks back to the starting point. In a Proof of Work (PoW) chain, the genesis block is the first block mined on the blockchain network and serves as the basis for all subsequent blocks. It is usually hardcoded into the protocol and created by the creator of the blockchain. Since there are no previous blocks to reference or mine, it does not involve the traditional mining process.
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.
BOB Hybrid L2 solves some of the most pressing challenges in building a decentralized financial system on top of BTC L1. It does this by creating a BTC bridge that inherits the security of BTC L1 and maintains trust minimization.
JinseFinanceBOB belongs to a new type of L2: Hybrid L2.
JinseFinanceNew Paradigm is a liquidity incentive activity within the Manta ecosystem launched by the Manta public chain.
JinseFinance
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