Blockchain Briefs

According to reports, data shows that Azuki # 3153 was traded at 143ETH. Azuki # 3153 closed at 143ETH Analysis based on this information:The digital landscape has revolutionized the way we perceive the economy. The world of cryptocurrencies, blockchain technology, and non-fungible tokens (NFTs) has opened new avenues of investment and changed the way we trade. The emergence of NFTs has created an entirely new market for digital assets, and Azuki # 3153 is one of the recent examples of how the market is shaping up. Azuki # 3153 is a digital asset, which belongs to a popular breed of NFTs called Bored Ape Yacht Club (BAYC). The crypto-art scene has witnessed a massive surge in BAYCs’ popularity, making them one of the most sought-after digital assets. Recently, Azuki # 3153 was reported to be traded at 143 ETH, which translates to almost $434,400 at the time of writing. The BAYC collection’s popularity lies in the fact that each NFT…

According to reports, data shows that the open position value of Deribit’s BTC perpetual futures contract has just reached $542350580, a 9-month high. Deribit’s BTC perpetual futures contract open positions hit a 9-month high Analysis based on this information:A perpetual futures contract is a type of futures contract that has no expiration date. This means that traders can hold a position for as long as they want, providing the market allows for it. The open position value of a futures contract refers to the total value of all outstanding positions at any given point in time. Deribit is a cryptocurrency futures and options exchange founded in 2016 that specializes in Bitcoin and Ethereum options. According to recent reports, Deribit’s BTC perpetual futures contract has reached a 9-month high in open position value, reaching a value of $542,350,580. This is a significant development that could indicate renewed interest from traders in this particular contract. It is also an interesting data point…

On March 19th, according to the news, “DefiLlama is facing internal divisions,” Andre Cronje said that when you don’t pay the bill, it’s easy to generate ideology. For years, Charlie Watkins, the co founder of DefiLlama, has been paying all DefiLlama fees out of his own pocket, which is not cheap. It’s disgusting to watch everyone sneer at what he has done. His attempt to stop bleeding is not greed, but sustainability. Let’s see how long they can hold out without his “free money”. They will soon propose or add advertisements or tokens. AC Talk about “DefiLlama Faces Internal Splitting”: Founder Charlie previously paid all the expenses himself, trying to stop bleeding is not greed Analysis based on this information:The recent news about DefiLlama has sparked concerns about internal divisions in the organization. According to Andre Cronje, the current situation is causing some conflict between members, as it is becoming challenging to generate an ideology when bills are not being…

According to reports, US Democratic Senator Elizabeth Warren said on the 19th that she supports raising the US Federal Deposit Insurance Corporation’s (FDIC) insurance limit of US $250000. In addition, Warren also said that regulators need to be responsible for this, and the Federal Reserve has clearly failed in its work. She also called for a lifetime ban on executives from failing banks in the financial industry. US Senator Warren Supports Raising the FDIC Insurance Cap Analysis based on this information:In a recent statement, US Democratic Senator Elizabeth Warren has expressed her support for raising the US Federal Deposit Insurance Corporation’s (FDIC) insurance limit from its current $250,000. The FDIC insurance limit is the amount of money the FDIC will reimburse a depositor if a member bank fails. The senator believes that increasing the FDIC insurance limit will protect the savings of millions of Americans during times of financial crisis. However, in addition to advocating for an increase in the…

According to reports, Credit Suisse is said to be rejecting UBS’s $1 billion acquisition offer. Previously, UBS proposed to acquire Credit Suisse for up to US $1 billion and acquire Credit Suisse shares for 0.25 Swiss francs per share. Credit Suisse reportedly will reject UBS’s $1 billion acquisition offer Analysis based on this information:Three keywords: Credit Suisse, UBS, acquisition offer Swiss financial services company, Credit Suisse, has reportedly rejected the acquisition bid proposed by rival firm, UBS. According to reports, UBS offered to acquire Credit Suisse for up to one billion US dollars, as well as acquire Credit Suisse shares for 0.25 Swiss francs per share. It is said that Credit Suisse deemed this offer insufficient and declined the proposal. The decision to reject the acquisition offer likely stems from Credit Suisse’s strong financial position despite the challenges posed by the COVID-19 pandemic. The company has reported strong quarterly results and has seen a rise in net income, indicating that…

On March 19th, 0xngmi, the developer of the online data analysis website DefiLlama, tweeted that the DefiLlama team had launched a forked version of the new website llamadotfi due to malicious control of the Defilama website. 0xngmi explained that the person controlling the Defillama Twitter account and domain name decided to issue a token, which was opposed by everyone on the team. DefiLlama Developer: Defilama website has encountered malicious control and has launched a new website, llamadotfi Analysis based on this information:The message describes an incident involving DefiLlama, an online data analysis website, and its new website llamadotfi. On March 19th, the developer of DefiLlama, who goes by the name 0xngmi, tweeted that the team had launched a forked version of llamadotfi due to malicious control of the DefiLlama website. According to 0xngmi, the person controlling the DefiLlama Twitter account and domain name made a decision to issue a new token, which the team opposed. This incident resulted in the…

According to reports, according to the Financial Times, UBS has proposed to acquire Credit Suisse for up to $1 billion. The Swiss authorities are planning to amend the country’s laws to bypass shareholder votes on the deal, as they are eager to finalize the deal by Monday. Four people familiar with the matter said that an all stock transaction between Switzerland’s two largest banks would be signed as early as Sunday night, and the transaction price would be only a small portion of Credit Suisse’s closing price on Friday, which would almost cost Credit Suisse’s shareholders nothing. People familiar with the matter said that on Sunday morning, the two sides had a communication on the acquisition offer. UBS proposed to purchase the shares of Credit Suisse at a price of 0.25 Swiss francs per share, which was far lower than the closing price of 1.86 Swiss francs last Friday. People familiar with the matter added that UBS also insisted on…

According to reports, according to Sky News, the UK banking regulator has approved UBS’s acquisition of Credit Suisse. Credit Suisse, with about 5000 employees in the UK, is one of the largest investment banking employers in the City of London. Currently, global financial regulators are racing to contain the biggest banking crisis since 2008. According to reports, the Bank of England has indicated to international peers and UBS that it will support this emergency transaction, and both European banking giants hope to announce a deal later on Sunday. British Chancellor of the Exchequer Hunter and Bank of England Governor Bailey are closely monitoring the progress of the transaction. Sources in the City of London said that this weekend, the US authorities have put pressure on the Swiss government to speed up the formulation of a crisis resolution. UK regulators are known to support the merger of UBS and Credit Suisse Analysis based on this information:According to recent reports from Sky…

On March 19th, the Federal Bureau of Investigation revealed that in 2022, American citizens lost more than $10 billion due to online fraud, including $2.57 billion due to crypto investment fraud. In contrast, the losses caused by this fraud in 2021 were “only” $907 million. Data: US victims lost $2.5 billion in encryption scams in 2022 Analysis based on this information:The Federal Bureau of Investigation recently revealed the shocking news that online fraud has reached an all-time high in 2022, with American citizens losing over $10 billion. This figure represents a significant increase from the previous year; in 2021, total losses from online fraud amounted to $907 million, which means that the losses have skyrocketed over a thousand percent in just a year. The FBI disclosed that the losses were caused by cybercriminals who are becoming more sophisticated in their methods, making it even more challenging for law enforcement agencies to track them down. One of the most concerning aspects…

According to reports, according to data disclosed by blockchain analysis company Glassnode, Bitcoin open position contracts peaked in October 2022, when approximately 667000 BTCs were allocated to open position contracts. However, currently, approximately 368000 Bitcoins are allocated to Bitcoin open position contracts, which means that approximately 300000 BTCs have been reduced since October 2022. In addition, in the past two weeks, the price of Bitcoin has risen from $19000 to $26000, with open positions falling by about 15% during the period, similar to the level at the beginning of 2022, indicating that spot Bitcoin is accumulating, which is also a relatively healthy state. Data: Since the peak in October 2022, about 300000 BTCs in Bitcoin open positions have been closed Analysis based on this information:The message highlights the decline in Bitcoin open position contracts and the increase in spot Bitcoin accumulation. According to blockchain analysis company Glassnode, the peak of Bitcoin open position contracts was observed in October 2022, with…

According to reports, according to the Wall Street Journal, Democratic Senator Elizabeth Warren of the United States has called for an investigation into the collapse of SVB and Signature Bank. US Democratic Senator Elizabeth Warren called for an investigation into the collapse of SVB and Signature Bank Analysis based on this information:Keyword: Senator Elizabeth Warren, Investigation, SVB, Signature Bank, Collapse Democratic Senator Elizabeth Warren has urged for an investigation into the collapse of Silicon Valley Bank (SVB) and Signature Bank in the United States. Warren’s call for investigation follows a recent report by the Wall Street Journal on the banks’ failures. The Journal reported that the banks suffered significant losses from their investments in the failing hedge fund, Archegos Capital Management. SVB and Signature Bank are both based in New York and are known for their dealings with technology and startup companies. As per the report, both banks provided large sums of loans and lines of credit to Archegos, which…

According to reports, according to Lookonchain monitoring, a giant whale transferred 30.73 million USDCs to Coin An yesterday. It just received 14683 ETHs (about $26 million) from Coin An, and then transferred about 35.8 million USDTs to Coin An within nearly an hour. A giant whale transferred 30.73 million USDC into Coin An and transferred out nearly 14700 ETHs, and transferred in about 35.8 million USDT Analysis based on this information:This report reveals that a massive crypto whale making huge transactions has transferred more than $90 million in different digital assets to Coin An, a digital trading platform. Lookonchain, a blockchain monitoring platform, discovered that the whale began by transferring 30.73 million USDC to Coin An, a stablecoin pegged to the US dollar. This implies that the whale has a large amount of cash that it wants to convert into digital assets. Afterwards, the whale received 14,683 ETH ($26 million) from Coin An, which could mean that the whale wants…

On March 19th, Balaji Srinivasan, a former CTO of Coinbase, said on Twitter that he would bet $2 million on Bitcoin, which would reach the price of $1 million within 90 days. Financial expert James Medlock is betting $1 million on the country not falling into hyperinflation. Former CTO of Coinbase: Bitcoin will hit $1 million in 90 days Analysis based on this information:Cryptocurrency has been a hot topic of discussion among financial experts, and recent bets by two prominent personalities have caught people’s attention. Balaji Srinivasan, a former Chief Technology Officer (CTO) of Coinbase, one of the world’s largest cryptocurrency exchanges, made a bold prediction on Twitter on March 19th. He claimed he would bet $2 million on Bitcoin, which would reach the price of $1 million within three months, by June 17th, 2021. Srinivasan had predicted Bitcoin’s rise in the past as well. So, his recent bet triggered a lot of discussions among investors and cryptocurrency enthusiasts. His…

On March 19th, according to Defellama data, the total lockup value (TVL) of Pendle in the DeFi yield market reached a record high of $38.35 million. The DeFi yield market Pendle TVL reached a record high of $38.35 million Analysis based on this information:The DeFi yield market has witnessed an unprecedented rise in demand, and Pendle has emerged as a promising name in the industry. On March 19th, Defellama data reported that Pendle’s Total Lockup Value (TVL) reached a record high of $38.35 million, indicating the platform’s immense potential and its users’ trust in it. Total lockup value refers to the total amount of assets locked in a smart contract. This metric is used to gauge the popularity and success of DeFi projects. The surge in Pendle’s TVL is a testament to its ability to generate high yields and provide liquidity to users. Pendle is a decentralized platform that allows users to earn yields in the form of ERC20 tokens….

According to reports, Larry Fink, CEO of global asset management giant BlackRock, stated in his latest annual investor letter that very interesting developments are taking place in the field of digital assets, and many emerging markets, such as India, Brazil, and parts of Africa, are witnessing significant progress in digital payments, reducing costs, and promoting financial inclusion. In contrast, many developed markets, including the United States, lag behind in innovation, resulting in much higher payment costs. Larry Fink also predicted that the Federal Reserve would continue to focus on fighting inflation and increasing interest rates, and that the current banking crisis will place greater emphasis on the role of capital markets. He explained, “As banks may be subject to more restrictions on lending, or as their customers realize that these assets and liabilities do not match, I expect they may turn to the capital markets for financing.” (Blackrock) BlackRock CEO: Backward digital asset innovation in developed markets such as the…

According to reports, people familiar with the matter disclosed that First Citizens BancShares of the United States is evaluating its acquisition offer for Silicon Valley Bank. People familiar with the matter said the First Citizen Bank of the United States, headquartered in Naroli, North Carolina, is one of the few potential buyers of the bankrupt Silicon Valley bank, and the offer will be closed on Sunday morning. Insider: First Citizen Bank of the United States is considering acquiring Silicon Valley Bank Analysis based on this information:According to reports, First Citizens BancShares of the United States is currently evaluating its acquisition offer for Silicon Valley Bank. The potential acquisition of the bankrupt Silicon Valley Bank has captured the attention of many business news outlets, especially since the First Citizen Bank is one of the few potential buyers of the tech-focused financial institution. The offer is set to close on Sunday morning. First Citizens BancShares is headquartered in Naroli, North Carolina, and…

According to reports, Chris Burniske, a former Ark Invest encryption director, posted a message on social media aimed at alleviating Ethereum holders’ concerns about the impact of Shanghai’s activation on the token economy. The Ethereum community believes that the upgraded market in Shanghai will release a large amount of ETH, which will affect prices. However, Chris Burniske said that the Shanghai upgrade will help Ethereum pledge “de risk”, because at this stage, ETH pledge is still in its infancy, with only 15% of ETH pledged. After the Shanghai upgrade, it is expected that more ETHs will be locked. The amount of ETH locked in pledge contracts may increase by 100-300% in the coming quarters, so there will be no panic selling. Former Ark Invest Encryption Director: It is expected that more ETHs will be locked after the upgrade in Shanghai Analysis based on this information:In an effort to calm Ethereum holders’ concerns about the impact of Shanghai’s activation on the…

According to reports, the crypto trendy brand RTFKT acquired by Nike announced on social media that the Nike Air Force 1 digital shoe casting is scheduled to take place on April 23 and continue until May 8, with a total of 10 design options available. During the casting process, holders of pre cast RTFKT NFT are allowed to redeem physical shoes. The pre cast ERC-1155 will be burned during this process, and after forging, a “Forged” ERC-721 will be sent to the holder, And there will be no additional casting costs, and NFT holders only need to pay gas fees. In addition, physical sneakers are expected to be shipped in the fourth quarter of 2023. RTFKT reminds users that in order to prevent fraud, casting is only conducted in their official offices. RTFKT: The Nike Air Force 1 digital shoe casting is scheduled for April 23rd Analysis based on this information:The latest trend in the world of fashion seems to…

According to the official announcement, all Arbitrum liquidity pools on the CRV Pledge and Liquidity Mining one-stop platform Convex Finance will be migrated within the next 24-48 hours. Once a new contract is deployed, there will be a follow-up announcement. Existing liquidity providers will need to use new contracts to cancel and re mortgage. Convex will migrate all Arbitrum liquidity pools, and LP needs to cancel and re mortgage using a new contract Analysis based on this information:The recent announcement of the migration of all Arbitrum liquidity pools on the CRV Pledge and Liquidity Mining platform to Convex Finance has brought about a lot of excitement within the crypto community. This dynamic move is expected to take place within the next 24-48 hours, and once a new contract is deployed, liquidity providers will have to use new contracts to cancel and re-mortgage. Convex Finance is a decentralized finance (DeFi) protocol that enables yield optimization and liquidity mining across different liquidity…

According to reports, Colorado Governor Polis said he would accept taxes on Bitcoin and cryptocurrency by the end of the summer. （Watcher.Guru） Governor of Colorado: Will Accept Bitcoin and Cryptocurrency Taxes in Late Summer Analysis based on this information:Governor Polis of Colorado recently announced that he plans to accept taxes on Bitcoin and cryptocurrency by the end of the summer. This is a significant decision because it shows the growing interest and adoption of cryptocurrencies in the United States. Although cryptocurrencies have become more popular, governments have struggled to determine how to regulate and tax them. Many view cryptocurrencies as a type of investment or digital asset rather than a traditional currency, making it difficult to tax. However, as more individuals and businesses begin to use cryptocurrencies, states are starting to find ways to incorporate them into their tax systems. Colorado is not the first state to accept cryptocurrency taxes, but it is an important step in the right direction….