Blockchain Briefs

According to reports, according to Coinglas data, the entire network has sold out 132 million dollars in the past 24 hours. Among them, Bitcoin sold out $68.23 million, Ethereum sold out $23.18 million, and BNB sold out $1.5798 million. Over the past 24 hours, the entire network has sold out 132 million US dollars Analysis based on this information:Coinglas, a trusted cryptocurrency market data provider, recently released a report showing that the entire network sold out $132 million in one day. The report highlighted the top three cryptocurrencies that were sold out, which are Bitcoin, Ethereum, and Binance Coin (BNB). Bitcoin leads the pack, as it sold out $68.23 million in a day. This is not surprising, given that Bitcoin remains the most popular and valuable cryptocurrency to date. Despite the recent volatility in its value, Bitcoin continues to attract investors and traders who see its potential for long-term growth. Ethereum, on the other hand, sold out $23.18 million in…

On March 17th, according to Deribit data, option contracts with over $1.19 billion BTC and $490 million ETH will expire for delivery today. The maximum pain point price for BTC is $23000; The maximum pain point price for ETH is $1550. Data: $1.19 billion BTC and $490 million ETH option contracts will expire for delivery today Analysis based on this information:According to data from Deribit, an options trading platform for cryptocurrency, on March 17th, option contracts with over $1.19 billion worth of Bitcoin (BTC) and $490 million worth of Ethereum (ETH) will expire for delivery. This expiration date is significant as it marks the end of the first quarter of the year, which tends to be a volatile period for the cryptocurrency market. The expiration of the options contracts means that traders who hold these contracts will either exercise them, allowing them to buy or sell the underlying cryptocurrency at a specified price, or let them expire worthless. This can…

According to reports, according to Lookonchain monitoring, in the past two days, Tether has minted 3 billion USDTs on Tron and Ethereum. Among them, the address Theskycomber.eth related to Bastion Trading has received 135.3 million USDTs from Tether’s treasury in the past two days and transferred them to Coin Security. After receiving 135.3 million USDTs from relevant addresses of Bastion Trading, all of them were transferred to Binance Analysis based on this information:Tether, a stablecoin pegged to the US dollar, has recently minted 3 billion USDTs on the Tron and Ethereum networks, according to reports from Lookonchain monitoring. This move by Tether has raised eyebrows in the crypto community, as it has been speculated that Tether’s USDT is not backed by actual US dollars, as the company has claimed in the past. One address that has received a significant amount of USDT in the past two days is Theskycomber.eth, which is related to Bastion Trading. Bastion Trading is a Hong…

On March 17th, it was reported that in Upbit, the volume of MASK/KRW trading pairs exceeded 272.2 billion won in the past 24 hours, once surpassing BTC/KRW, ranking first. Up to now, in the Korean dollar trading pair, MASK trading volume is only second to BTC. MASK KRW trading volume exceeds BTC KRW in Upbit, South Korea Cryptographic Exchange Analysis based on this information:The cryptocurrency market has been unpredictable, yet resilient in the past few months. On March 17th, news broke that the trading volume on Upbit for MASK/KRW trading pairs had exceeded 272.2 billion won, surpassing BTC/KRW and ranking first. This is a significant milestone for MASK, as it has now become second only to BTC in terms of trading volume in the Korean dollar trading pair. Upbit is a Korean cryptocurrency exchange platform that has been gaining popularity in recent years due to its ease of use and user-friendly interface. It is one of the most widely used…

It is reported that Ripple, an enterprise blockchain and encryption solution provider, has announced that it has made a strategic investment in the Singapore Web3 Early Venture Capital Fund Blockchain Founders Fund (BFF), but has not disclosed the specific investment amount. Ripple stated that this investment is part of its efforts to accelerate global adoption of blockchain technology to support high-potential early stage companies focused on Web3 infrastructure and products. （finsmes） Ripple Announces Strategic Investment in Blockchain Founders Fund Analysis based on this information:Ripple, an enterprise blockchain and encryption solution provider, has recently announced that it has invested in the Singapore Web3 Early Venture Capital Fund Blockchain Founders Fund (BFF). While specific investment details were not revealed, Ripple has confirmed that it is part of a strategic investment aimed to boost the global adoption of blockchain technology. Ripple’s involvement in BFF will help support high-potential early-stage companies with their Web3 infrastructure and products. Blockchain technology has made significant strides in…

On March 17th, according to Spot On Chain data monitoring, Republic Capital transferred 24.5 million MATICs (approximately US $27.2 million) to Coinbase, and the price of the MATIC when transferring to Coinbase was US $1.11. Republic Capital was one of the investors in Polygon’s $450 million private equity financing early last year and received the asset from Polygon Ecosystem Growth on January 18, 2023 as part of the asset ownership. Republic Capital transferred 24.5 million MATICs into Coinbase, approximately $27.2 million Analysis based on this information:According to the Spot On Chain data monitoring, Republic Capital has transferred 24.5 million MATICs, approximately worth US$27.2 million to Coinbase on March 17th. This transfer came from Republic Capital’s crypto asset ownership received from Polygon Ecosystem Growth. Republic Capital was one of the early investors in Polygon’s $450 million private equity financing last year. MATIC is the native token of Polygon, a layer-two protocol that aims to solve the scalability and interoperability issues faced…

On March 17th, Magic Eden released an orange color image on social media, which is likely to launch the NFT market on Bitcoin. Magic Eden social media released an orange image, suspected of launching the NFT market on Bitcoin Analysis based on this information:The emergence of non-fungible tokens (NFTs) has revolutionized the art industry by enabling artists to sell their digital works as unique collectibles. The concept of NFTs has recently gained traction, with various artists and celebrities jumping on board to sell their digital works on blockchain platforms. In this regard, Magic Eden, a digital art marketplace, has recently released an orange color image on social media, indicating its intent to launch the NFT market on Bitcoin. Magic Eden is an established digital art marketplace that enables artists to monetize their digital art on blockchain platforms. Their platform has gained popularity due to its ease of use and the ability to offer instant and secure transactions. By introducing NFTs…

According to reports, according to Tokenview on-chain data, the current beacon chain ETH2 contract address pledge deposit is 17696343 ETHs, an increase of approximately 112688 ETHs in the past week. The upcoming upgrade to Shanghai on April 12 will allow for pledge withdrawals on Ethereum. Beacon chain pledge contract deposits nearly 17.7 million ETHs Analysis based on this information:The world of blockchain and cryptocurrencies has taken a significant step forward in recent years, and Ethereum is one of the leading networks pushing progress forward. Ethereum is a decentralized platform that runs smart contracts, and it has become one of the most popular blockchain platforms for creating decentralized applications (dApps). Due to its popularity, Ethereum has undergone several upgrades over the years to enhance its functionalities, with ETH2 the latest one. According to reports, the latest Tokenview on-chain data indicated that the current Eth2 contract pledge deposit has reached 17,696,343 ETHs. This figure represents an increase of around 112,688 ETHs in…

According to reports, Lookonchain monitoring data shows that institutions that purchased approximately 5.437 million SNXs from Synthetix Treasury for $1500 from March 14 to March 16 transferred 2.66 million SNXs (approximately $7.5 million) to Coin An five hours ago. Data: An institution transferred 2.66 million SNXs to Coin An today, approximately $7.5 million Analysis based on this information:The cryptocurrency market is constantly evolving and changing, with new activities and transactions happening every day. Recently, Lookonchain monitoring data has reported a significant transfer of SNXs, the proprietary token of blockchain-based synthetic asset platform Synthetix, from institutions to Coin An. The institutions reportedly purchased approximately 5.437 million SNXs from Synthetix Treasury for $1500 between March 14 and March 16, and then transferred 2.66 million SNXs (approximately $7.5 million) to Coin An five hours ago. This transfer and purchase indicate a strong institutional interest in Synthetix as well as the wider cryptocurrency market. It is an early indicator of the demand for Synthetix’s…

It is reported that the collapse of Silicon Valley Bank (SVB) has led to a significant flow of funds from the Centralized Exchange (CEX) to the Decentralized Exchange (DEX). Chainalysis, a blockchain analysis company, explained in a blog post on March 16th that when markets are volatile, capital outflows from centralized exchanges typically surge, as users may worry that they will not be able to use their funds in the event of an exchange failure. Chainalysis: After the collapse of the Silicon Valley bank, crypto users turned to DEX, and the purchase volume of USDCs on DEX surged Analysis based on this information:The collapse of Silicon Valley Bank (SVB) has triggered a significant shift in the movement of funds from centralized exchanges (CEX) to decentralized exchanges (DEX), according to a blog post released on March 16th by Chainalysis, a blockchain analysis company. As the markets continue to remain volatile, the capital outflows from centralized exchanges have surged, and users have…

It is reported that while announcing the launch plan for tokens and DAO, Arbitrum also established the Arbitrum Security Committee, which is a 12 person multi-signature group composed of community representatives. In emergency situations, the Arbitrum Security Committee will be able to take prompt action, and the Arbitrum DAO will become the ultimate governance organization of the Arbitrum Security Committee. Arbitrum Announces Its Orbit to Allow Developers to Deploy L3 Blockchain Analysis based on this information:KEYWORDS: Arbitrum, Security Committee, decentralized autonomous organization, multi-signature group, community representatives Arbitrum, a leading provider of blockchain infrastructure, has announced the launch plan for tokens and decentralized autonomous organization (DAO). This strategic move aims to provide better security and governance to its users. Along with the launch plan, the company has also established an Arbitrum Security Committee comprising of 12 community representatives. In times of emergencies, the committee will be able to take prompt action and ensure better protection of user assets. The Arbitrum Security…

On March 17th, Grayscale Investments, a digital asset management company, released the latest information on the distribution of shareholders’ equity in ETHPoW (ETHW), announcing that it had previously allocated ETHPoW tokens to its Grayscale Ethereum Trust (OTCQX: ETHE) and Grayscale Digital Large Cap Fund (OTCQX: GDLC) products on September 16th, 2022, Previously, Grayscale sought to become an agent for the equity holders of these ETHPoW tokens and intends to sell them as soon as possible, which is expected to be no more than 180 days from the record date. However, today Grayscale announced that it will extend the review period. During this period, it will continue to assess the market environment to determine whether ETHPoW tokens can be obtained, and whether, when, and how to sell ETHPoW tokens on behalf of shareholders, The review period is currently not expected to exceed 180 days from the date of signing this agreement. Grayscale has not yet sold the ETHPoW tokens allocated to…

According to reports, market data shows that Ethereum has broken through $1700 and is currently quoting $1700.1, up 3.15% in 24 hours. The market fluctuates greatly, please do a good job in risk control. Ethereum breaks through the $1700 threshold Analysis based on this information:The latest market data reveals that Ethereum, one of the most popular cryptocurrencies, has breached the $1700 mark and is presently quote at $1700.1, representing a 3.15% rise within the last 24 hours. This development is, no doubt, good news to crypto enthusiasts, investors and traders that have staked their funds on Ethereum. The surge in Ethereum’s price is a testament to its market potential, and it is expected that the price will continue to fluctuate within the coming days. However, it is important to note that the crypto market is highly volatile and largely unpredictable. Despite the positive news, investors and traders are strongly advised to exercise caution and good risk control measures when investing…

According to reports, DigiDaigaku announced on its official social media account that the Dragon Egg airdrop has ended. At the same time, DigiDaigaku also stated that if users miss previous official registrations, there are currently 2500 free Dragon Eggs available on the FreeNFT platform. Dragon Egg launched an air drop for NFT holders of the ecosystem (including Genesis, Heroes, and Super Villains) on the 12th of last month to help baby dragons grow and evolve. DigiDaigaku: Dragon Egg airdrop has ended Analysis based on this information:Reports circulating online reveal that DigiDaigaku has formally ended its Dragon Egg airdrop on its official social media channels. This announcement comes after the airdrop launch last month, specifically on the 12th, aimed to provide support to baby dragons and help them evolve. The airdrop was exclusively for NFT holders in the ecosystem, which include Genesis, Heroes, and Super Villains. The announcement continued to say that users who might have missed out on the official…

On March 17th, Coinbase NFT announced the launch of the creator hub, which aims to simplify the process of launching NFT collections and building Web3 communities. The “Creator Hub” will play the role of a one-stop shop for creator tools that users can use to launch NFT collections in just three steps, including selecting contracts, coinage preferences, and customizing images, descriptions, pricing, and coinage times. Then, add wallets to list them on the market. In addition, the Creator Center can help users create a Discord robot to track NFT sales, query and download a detailed list of NFT holders, and embed NFT collections on personal websites and create a token gated experience. Coinbase NFT Launches Creator Hub Analysis based on this information:Coinbase NFT has announced the launch of the Creator Hub, which aims to simplify the process of launching NFT collections and building Web3 communities. This new Creator Hub is a one-stop-shop for creators to use tools that can be…

It is reported that Avalanche development company Ava Labs is hiring new employees in Japan and South Korea to accelerate its Asian business. Japan and South Korea have been key regions for Avalanche’s growth. Avalanche development company is recruiting new employees in Japan and South Korea to accelerate its Asian business Analysis based on this information:Ava Labs, the blockchain technology start-up, is accelerating its business development in Asia to accomplish its goals by hiring new employees in Japan and South Korea. The company has already experienced significant growth in these markets, particularly in Japan and South Korea in the last few years. As Japan’s financial market has always been tech-savvy and thriving, it is no wonder that Ava Labs aims to expand its market positioning in the country. Similarly, South Korea is also another nation with advanced technological infrastructure, and the company foresees greater growth prospects in the country. As per the reports, the hiring of new employees will occur…

According to news, the A-share market opened with the Shanghai Composite Index at 3245.26 points, up 0.57%, the Shenzhen Composite Index at 11328.37 points, up 0.81%, and the Shenzhen Blockchain 50 Index at 3119.4 points, up 0.87%. The blockchain sector opened up 0.74%, while the digital currency sector rose 0.77%. A-share opening: Shenzhen Stock Exchange Blockchain 50 Index rose 0.87% Analysis based on this information:The recent news about the A-share market opening with the Shanghai Composite Index at 3245.26 points, up 0.57%, the Shenzhen Composite Index at 11328.37 points, up 0.81%, and the Shenzhen Blockchain 50 Index at 3119.4 points, up 0.87%, indicates growth within the blockchain industry. Furthermore, the digital currency sector also rose 0.77%, indicating a growth trend in the cryptocurrency market. The A-share market refers to the Shanghai and Shenzhen stock exchanges in mainland China, where domestic companies primarily issue shares. The Shanghai Composite Index reflects the performance of the Shanghai stock exchange while the Shenzhen Composite…

On March 17th, the Bitcoin Opportunity Fund was seeking to raise $100 million. The fund, led by six investors, including managing partners James Lavish and David Foley, will invest in Bitcoin related public and private companies. The team stated that its members invested most of their personal net assets into the fund. (Bloomberg) Bloomberg: Bitcoin Opportunity Fund is seeking to raise $100 million Analysis based on this information:A group of six investors, including managing partners James Lavish and David Foley, have announced the creation of the Bitcoin Opportunity Fund, aiming to raise a substantial $100 million of capital. The focus of the fund will be on investing in Bitcoin-related public and private companies, with the team stating that most of their personal net assets have also been invested into the fund. The Bitcoin Opportunity Fund represents a significant stepping stone in the growth of digital currencies such as Bitcoin, and their increasing prominence in the world of investment. The fund’s…

According to reports, Playboy’s parent company Plby Group reported an impairment loss of $4.9 million on Ethereum held in 2022. Plby Group accepts Ethereum as a payment method for its Rabbitars NFT project launched in 2021 and holds it as a digital asset on its balance sheet. PlayboyTV accepted Bitcoin payments in 2018. （Coindesk） Playboy’s parent company reported an impairment loss of $4.9 million on Ethereum held in 2022 Analysis based on this information:Playboy, the iconic brand known for its sensual and provocative content, has recently made headlines not for its racy content, but for its cryptocurrency investment woes. According to reports, Playboy’s parent company, Plby Group, incurred an impairment loss of $4.9 million on its Ethereum holdings in 2022. The loss was attributed to the decline in the value of the cryptocurrency, which Plby Group held as a digital asset on its balance sheet. Plby Group has been experimenting with cryptocurrency payments since 2018, when Playboy TV started accepting…

According to reports, Coinbase released progress on the Layer 2 network base, with over 18000 developers releasing 55000 smart contract deployments on the base testing network in the first week; The number of Foundations for the Base, Introduced NFT released in collaboration with Zora reached 485000 in the first week. Coinbase: L2 network Base testing 55000 smart contracts deployed online Analysis based on this information:Coinbase, one of the most popular cryptocurrency exchanges, has reported impressive progress on its Layer 2 network base, which has caught everyone’s attention. In the first week of its release, over 18000 developers joined the platform and deployed a whopping 55000 smart contracts on the network’s testing base. The numbers are undeniably massive, testifying cryptocurrency’s industry’s increasing popularity and its growing significance in the global economy. Although Coinbase’s Layer 2 has been just released, the number of smart contract deployments indicates a shift towards decentralized finance (DeFi) applications. DeFi refers to financial applications built on blockchain…