Blockchain Briefs

On March 19th, it was reported that Qian An did not mention financial issues in response to criticism from the United States Senate. On March 1, three senators from the Senate Banking Committee wrote to Coin On and Binance US, stating that Coin On and its related entities deliberately evaded regulatory authorities, transferred assets to criminals, and hid basic financial information from customers and the public. The three senators also requested information on the relationship between Coin Security and Binance US. They asked Qian An to respond before March 16th. In its response on March 16th, Coin On did not provide much information, but emphasized that Coin On and its US branches were independent entities. The response also pointed out that Coin Security has a core and supporting compliance staff team of approximately 750 people, including several former regulatory and law enforcement officials. (Bloomberg) In response to criticism from US senators, Qian An and its US branches are independent entities…

According to reports, a recent study by economists identified 186 banks at risk. These banks face similar problems to those that led to the collapse of banks in Silicon Valley. In the process of the Federal Reserve’s rapid interest rate hike, economists evaluated individual banks in the United States. They assessed asset books and market value losses. The value of assets such as Treasury bills and mortgages may decline. This happens when new bonds offer higher interest rates. Their findings indicate potential problems. If half of these uninsured depositors were to withdraw funds quickly from any of the 186 U.S. banks, even insured depositors could face losses. This is due to insufficient assets available to all depositors. 186 banks were found to have similar risks to those of Silicon Valley banks Analysis based on this information:A recent study by economists has identified 186 banks in the US that are at risk due to similar problems that led to the collapse…

According to reports, the native Token HNT of Helium, the encrypted wireless network, fell more than 23% on Friday, and Coin An plans to delist it from the exchange. “From March 23rd, users will not be able to trade the token,” Binance, the cryptocurrency exchange, said in a statement.   HNT has fallen 17% in the past 24 hours Analysis based on this information:According to reports, Helium’s native token HNT experienced a significant fall of more than 23% on Friday. This comes just weeks after the cryptocurrency exchange, Coin An, announced plans to delist the token from their platform. Starting March 23rd, users will no longer be able to trade HNT on Coin An. The reason behind HNT’s poor performance is not entirely clear. However, it is possible that the delisting announcement by Coin An has led to a mass sell-off by panic-stricken investors. These investors may fear that other exchanges could also follow suit and delist HNT, further reducing…

It is reported that the yield of US two-year treasury bond bonds fell 30 basis points to 3.85% within the day. US two-year treasury bond bond yield fell 30 basis points to 3.85% during the day Analysis based on this information:The US treasury yields have witnessed a sharp fall as the yield of two-year treasury bonds dropped 30 basis points within a single day to 3.85%, which creates a worrying situation for the US financial markets. Such a shift in the yield indicates the investors’ tendency to move their capital from more high-risk assets such as bonds to safe-haven assets. Such findings suggest that investors’ confidence is faltering due to global economic uncertainty. The main reason behind this sharp drop in US treasury yields is the anxiety surrounding the global economic volatility that has negatively impacted bond prices, prompting investors to flee safer assets. Additionally, the growing concerns of the US-China trade war and the possible recession in Europe and…

According to reports, Bitcoin Magazine reported that the price trend of Bitcoin this week was decoupled from the Nasdaq, S&P 500, and Dow Jones indices. Bitcoin trend decoupled from the three major US stock indexes this week Analysis based on this information:Bitcoin Magazine, the leading cryptocurrency publication, reported that Bitcoin has decoupled from traditional indices such as the Nasdaq, S&P 500, and Dow Jones. This happened in the week ending August 22, 2021. Bitcoin’s independence from the stock market indices is a new development that suggests a blossoming relationship between cryptocurrencies and the traditional financial system. The Nasdaq, S&P 500, and Dow Jones indices have shown a strong correlation with Bitcoin’s price in the past. When the stock market experiences volatility, Bitcoin has often followed the trend. However, according to the report, the price trend of Bitcoin hadn’t aligned with that of the traditional indices over the course of the week. The decoupling of Bitcoin from the traditional indices suggests…

According to reports, Whale Alert data shows that 15999 BTC (valued at approximately $425465570) has been transferred from unknown wallets to Bitfinex. 15999 BTC transferred from unknown wallet to Bitlinex Analysis based on this information:Whale Alert, a blockchain monitoring service, has reported a significant Bitcoin (BTC) transfer from an unknown wallet to Bitfinex, a leading cryptocurrency exchange. The transfer, which involved 15,999 BTC, is valued at approximately $425,465,570, which represents a considerable amount of money. The announcement of this transfer has caused a stir within the cryptocurrency community, raising speculations about the reason behind the massive transaction. Firstly, it is important to note that Bitfinex is one of the oldest and most popular exchanges in the cryptocurrency space. It has been in operation since 2012, and it offers its users several trading pairs for cryptocurrencies, including BTC, Ethereum (ETH), and Litecoin (LTC). Its liquidity and reputation in the market make it an attractive destination for traders looking to buy or…

According to reports, the cumulative number of NFT inscriptions cast on the Bitcoin NFT protocol Ordinals has exceeded 500000, reaching 500265 by the time of publication. Bitcoin NFT Protocol Ordinals’ cumulative casting volume exceeded 500000 pieces Analysis based on this information:The recent surge in non-fungible token (NFT) popularity has been making headlines since the beginning of 2021. Artists, musicians, and other creators have found new ways to monetize their digital creations by selling them as unique, one-of-a-kind assets using NFTs. In turn, investors have flocked to this new digital asset class, eager to get in on the ground floor of a potentially lucrative investment opportunity. While NFTs can be minted on a variety of blockchains, the Bitcoin NFT protocol Ordinals has seen a significant uptick in usage in recent months. According to reports, the cumulative number of NFT inscriptions cast on the protocol has now surpassed the 500,000 milestone. Specifically, the latest measurement stands at 500,265 by the time of…

According to reports, Whale Alert data shows that 40000000 CRVs (valued at approximately $41587614) have been transferred from Aave to unknown wallets. 40000000 CRV transferred from Aave to unknown wallet Analysis based on this information:Whale Alert, a blockchain transaction tracking platform, has revealed that a staggering 40 million CRV tokens, equivalent to over $41 million, have been transferred from Aave to unknown wallets. The data has raised concerns among market participants, who fear that the transfer may indicate a security breach in the Aave decentralized finance (DeFi) protocol. Aave is one of the most popular DeFi lending and borrowing platforms, allowing users to earn interest through lending their cryptocurrencies or borrowing them from others. The platform also has its native token, AAVE, which has experienced a meteoric rise in value in recent months. However, while the platform has been gaining popularity, it has also caught the attention of hackers who are eager to exploit any vulnerabilities in the system. Whale…

According to reports, blockchain analyst @ Lookonchain disclosed on social media that in five days, 625143 addresses will be able to claim 1.162 billion ARBs, of which the maximum token allocation is 10250 ARBs, the minimum token allocation is 625 ARBs, and the average token allocation is 1859 ARBs. Analysis: The maximum allocation of Arbitrum airdrop addresses can reach 10250 ARBs Analysis based on this information:Blockchain analyst @ LookonChain has recently announced on social media that in the next five days, around 625143 addresses will be eligible to claim around 1.162 billion ARBs tokens. These tokens will be allocated with a minimum token allocation of 625 ARBs, a maximum token allocation of 10250 ARBs, and an average token allocation of 1859 ARBs. This announcement suggests a massive allocation of ARBs tokens, which might significantly impact the ARBs token market dynamics. ARBs is a promising blockchain platform that aims to revolutionize the advertising industry by delivering transparency, security, and efficiency to…

According to reports, Blur in the NFT market announced the launch of a new fast bidding feature on social media. Users can click any line in the bidding tab to pre fill in the bidding amount. Blur Launches New Fast Bidding Feature Analysis based on this information:Blur, a leading player in the NFT market, has recently launched a new feature that will make bidding on NFTs much faster and efficient. According to reports, Blur has introduced a fast bidding feature on social media that allows users to click on any line in the bidding tab to pre-fill in their bidding amount. This move is expected to attract more users to the NFT market and make the bidding process easier and more accessible for them. NFT or non-fungible token is a digital asset that represents ownership of a unique item, such as a piece of art or music. It is stored on a blockchain and can be traded like any other…

According to reports, in response to the previous news that “BlackRock is preparing to bid for Credit Suisse”, a BlackRock spokesman responded that BlackRock will not participate in any plan to acquire all or part of Credit Suisse’s business. BlackRock spokesman: Will not participate in any plan to acquire all or part of Credit Suisse’s business Analysis based on this information:BlackRock, the world’s largest asset management company, has recently denied any plans to acquire Credit Suisse’s business, following rumors of a potential bid. According to reports, a BlackRock spokesperson confirmed that the company will not participate in any plan to acquire all or part of Credit Suisse’s business. The denial comes after reports that BlackRock was preparing to bid for Credit Suisse, which is in the process of restructuring its business after a series of high-profile scandals and financial losses. Credit Suisse’s CEO, Thomas Gottstein, has been working to improve the bank’s performance and restore investor confidence, but the company’s…

According to reports, the market shows that BTC has exceeded $27500 and is currently trading at $27502.3, with a daily increase of 3.09%. The market is volatile, so please do a good job of risk control. BTC breaks through $27500 Analysis based on this information:The cryptocurrency market is one of the most volatile markets in the world. In recent years, Bitcoin (BTC) has been at the forefront of this market, influencing the behavior of other cryptocurrencies. Cryptocurrency market data shows that BTC has exceeded $27500 and presently trading at $27502.3, with a daily increase of 3.09%. It is an indication of how much the market is unpredictable and subject to change. The rise in BTC price has been a result of various factors, including the recent surge in institutional investments, the growing demand for cryptocurrencies, and the increase in market liquidity. Despite the positive news, it is essential to remember that the market is volatile, and it requires good risk…

On March 18th, the market showed that the FTT rose to 1.7500 USD, and is currently trading at 1.7297 USD, with a 24H increase of more than 50%. FTT rose to 1.75 USD, with a rise of more than 50% in 24H Analysis based on this information:The cryptocurrency market has been witnessing an uptrend in FTT prices for the past few days. On March 18th, FTT rose to 1.7500 USD, a new height that the token had not reached in a while. The FTT, also known as FTX Token, is the native token of the FTX cryptocurrency trading platform that launched in 2019. The platform is well-known for its innovative products and derivatives trading. The sudden price surge came as a surprise to many cryptocurrency experts and traders alike. However, it is not uncommon for cryptocurrencies to experience such rapid price movements, with some tokens experiencing price changes up to 100% in a short period. For FTT, the token’s price…

On March 18th, the official release of the Solana Ecological Blue Chip NFT Project DeGods on social media stated that 500 BTCDe Gods have been cast, all refunds have been sent, and De Gods Trading Desk has been officially launched. Users can conduct secondary market transactions at DeGods Discount, supporting the use of BTC, ETH, SOL, or USDC to buy and sell BTC DeGods. In addition, Magic Eden in the NFT market will also launch the Ordinals market in the near future. DeGods: BTC network DeGods NFT has been cast and DeGods Trading Desk has been launched Analysis based on this information:The message conveyed is regarding the official launch of DeGods, an NFT project built on the Solana blockchain. According to the announcement made on March 18th, 500 BTC DeGods have been cast and all refunds have been sent. The DeGods Trading Desk has also been launched, and users are now able to participate in secondary market transactions at DeGods…

On March 18th, the public chain Flare Network officially launched a three-year token distribution. The public chain Flare Network officially launched a three-year token distribution Analysis based on this information:Flare Network, a public chain platform designed to facilitate the seamless transfer of tokens across different blockchains, has announced the official launch of its three-year token distribution program. The move comes after an extended development period aimed at creating a comprehensive network that will help users to connect and interact with various decentralized applications (dApps) across multiple blockchain ecosystems. Flare Network has established itself as a formidable player in the blockchain industry, with its unique approach to virtual asset management and the interoperability of different blockchain networks. The platform has successfully combined its own blockchain (Flare) with the XRP Ledger, enabling users to make cross-chain transactions seamlessly. With the launch of the token distribution program, Flare Network aims to create a more inclusive and decentralized blockchain ecosystem that is accessible to…

On March 18th, it was reported that the total lockup value (TVL) of the LSD super liquidity agreement LSDx Finance has increased by over 55000 ETHs (approximately $100 million) in the past 48 hours, currently reaching 61954.507 ETHs. Data: LSDx Finance has increased TVL by over 55000 ETHs in the past 48 hours Analysis based on this information:The world of cryptocurrency is one that never ceases to make headlines. The latest news is on LSDx Finance, a super liquidity agreement whose TVL has seen an increase by over 55000 ETHs in just 48 hours. As of March 18th, the current TVL is now 61954.507 ETH, equivalent to $100 million. LSDx Finance, also known as Liquidity for Stablecoins and Derivatives, is a decentralized financial protocol that allows users to trade on-chain synthetic assets while offering high liquidity through the issuance of stablecoins. It is built on the Binance Smart Chain and aims to provide users with fast and secure transactions at…

According to reports, according to BlockSec monitoring, Euler attackers have begun to return funds, and currently have returned 3000 ETHs. Euler attackers have currently returned 3000 ETHs Analysis based on this information:The world of cryptocurrency is a fast-paced and ever-evolving space. While cryptocurrencies offer financial independence and security, the technology is also vulnerable to attacks from hackers and cybercriminals. One such attack was the Euler attack, which affected hundreds of Ethereum wallets, leading to the loss of millions of dollars in funds. However, there seems to be a glimmer of hope as the Euler attackers have reportedly returned 3000 ETHs, according to BlockSec monitoring. This news has raised questions, leaving investors and crypto enthusiasts wondering about the intentions of the Euler attackers. The return of the 3000 ETHs can be interpreted in several ways. Some may see this act as a sign of goodwill, suggesting that the attackers may have had a change of heart and decided to return the…

On March 18, a blockchain analysis company, Nansen, released the on-chain contract log and intraentity transaction share data since the establishment of Arbitrum One. It was shown that GMX accounted for approximately 22% of the total transactions, ranking the first, with Treature (19%), SushiSwap (9%), Uniswap (6%), and Hop Protocol (5%) ranking the second to fifth. Nansen clarified that regarding ARB airdrops allocated to the community, the on-chain contract log and intra-entity transaction share are only one of many indicators related to the activities of DAO on the Arbitrum chain, and are not the only input points for ARB token airdrops allocation. Nansen: Since the establishment of Arbitrum One, GMX has had the highest share of contract logs and intra entity transactions of approximately 22% Analysis based on this information:Nansen, a blockchain analysis company, recently released the on-chain data of Arbitrum One, which included the contract log and intraentity transaction share data since its establishment. The data gave valuable insights…

According to reports, hedge fund investment company Citadel once proposed to purchase $3.3 billion of cryptocurrency technology company Circle deposits in Silicon Valley banks at a certain discount, but negotiations between the two sides ultimately collapsed. (Wall Street Journal) Citadel has proposed to acquire Circle’s $3.3 billion deposit with a Silicon Valley bank at a certain discount Analysis based on this information:Reports indicate that hedge fund investment company Citadel approached Circle, a cryptocurrency technology company, with an offer to purchase $3.3 billion worth of their deposits in Silicon Valley banks at a discount. However, the negotiations ultimately failed, and the deal was not finalized. This news brings attention to the rising interest of traditional finance institutions in cryptocurrencies, as well as highlighting the challenges that can arise in such negotiations. Citadel is one of the largest hedge funds globally, and their interest in purchasing Circle’s crypto deposits underscores a growing interest in cryptocurrencies by traditional finance institutions. Such investments allow…

7:00-12:00 Keyword: Microsoft, Twitter, India, ETH Summary of important developments at noon on March 18th Analysis based on this information:In today’s fast-paced world, technology has taken over almost every area of our lives. The impact of technological advancements has been substantial, and it has brought about significant changes that have made life significantly easier. Now, in India, Microsoft and Twitter have teamed up to provide support for the students of ETH. The message from the title, ‘Technology Changes Lives’, presents the idea of the vital role of technology in today’s world. The title is indicative of the significant impact that technology has had on our daily lives. In the context of this message, this phrase highlights how the support provided by Microsoft and Twitter has positively impacted the lives of students at ETH in India. The message further states that Microsoft and Twitter have joined forces to offer resources and encourage learning for students pursuing technical education in India. This…