Metaverse Insights

According to reports, Venezuelan President Nicola á s Maduro has announced the restructuring of the national cryptocurrency asset regulator, known as Sunacrip in Spanish. A new board of directors will lead the restructuring, led by Anabel Pereira Fern á ndez. Currently, no further details or specific reasons for the restructuring have been provided, but it is understood that the board of directors will set the next step plan for the cryptocurrency sector, aimed at protecting citizens of the country from the negative impact of economic sanctions, In addition, the new board structure does not include Joseit Ramirez, who has led Venezuela’s national encryption department since its establishment in 2018. （cointelgraph） Venezuela comprehensively reforms the national encryption sector Analysis based on this information:Venezuelan President Nicolaás Maduro has announced the restructuring of the national cryptocurrency asset regulator, known as Sunacrip in Spanish. This news comes amidst the ongoing economic crisis in Venezuela and the increasing use of cryptocurrencies as a means to…

According to reports, according to CertiK monitoring, the Distributed server of the Dreamland Genesis project has been attacked. Community users are requested not to click on any links until the server is repaired. Dreamland Genesis Project Discord Server Attacked Analysis based on this information:The Dreamland Genesis project, a decentralized application built on the blockchain, has recently suffered a distributed server attack. This event has been reported by CertiK monitoring, which keeps track of security incidents related to different blockchain-based projects. The attack has caused the server to shut down, and as a result, the community of users has been advised not to click on any links until the server is repaired. The Dreamland Genesis project is a relatively new player in the world of blockchain-based applications. It aims to provide a decentralized platform for gaming and entertainment, leveraging the power of the blockchain to create a transparent and secure environment for users. The project has been gaining traction in the…

According to reports, the Singapore Monetary Authority has stated that it is prepared to provide liquidity to ensure stability, and Credit Suisse customers will continue to have full access rights. The domestic financial system will continue to be closely monitored, and UBS’s main business in Singapore is not retail. The Credit Suisse incident will not affect the stability of Singapore’s banking industry. Currently, Credit Suisse continues to operate continuously in Singapore. During the takeover process, close contact will be maintained with the Swiss Financial Market Supervision Authority, Credit Suisse and UBS. Monetary Authority of Singapore: Ready to provide liquidity to ensure stability, Credit Suisse clients will continue to have full access rights Analysis based on this information:The recent Credit Suisse incident has caused concern among the public and market participants. The Singapore Monetary Authority has issued a statement indicating its preparedness to take action to ensure stability in the financial system. The authority is willing to provide liquidity to Credit…

According to reports, according to statistics on LDO changes of Lido investors/institutions/consultants based on Twitter Cryptographic KOL Remains, institutions that have never sold LDOs include Paradigm, Certus One, The LAO, Digital Currency Group, Dragonfly Capital, and DeFiance Capital. Six institutions such as Paradigm and DCG have never sold LDO after investing in Lido Analysis based on this information:The message above indicates that several institutional investors in Lido (LDO) have not sold their investments despite changes in the cryptocurrency market. Lido is a decentralized finance (DeFi) project focused on Ethereum (ETH) staking, which involves holding a certain amount of ETH in order to validate the network and earn rewards. LDO is the governance token for the Lido protocol, which allows holders to vote on proposals and changes to the system. The report suggests that despite the volatile nature of cryptocurrency, the aforementioned institutions have remained steadfast in their support for Lido. These investors include Paradigm, Certus One, The LAO, Digital Currency…

According to news, the A-share market opened with the Shanghai Composite Index at 3253.93 points, up 0.1%, the Shenzhen Composite Index at 11289.96 points, up 0.11%, and the Shenzhen Blockchain 50 Index at 3200.69 points, up 0.5%. The blockchain sector opened up 0.41%, while the digital currency sector rose 0.14%. A-share opening: Shenzhen Stock Exchange Blockchain 50 Index rose 0.5% Analysis based on this information:The A-share market kicked off with a stronger opening, with the Shanghai Composite Index increasing by 0.1% to 3253.93 points, while the Shenzhen Composite Index rose by 0.11% to 11289.96 points. Meanwhile, the Shenzhen Blockchain 50 Index had a more substantial increase of 0.5%, which implies that the demand for blockchain-related securities had increased significantly. The upsurge in the Blockchain 50 Index can be associated with the developing interest of investors to venture into blockchain technology. Blockchain adoption has been consistently increasing in recent years, and with a 0.41% increase in the blockchain sector of the…

On March 20th, Layer1 Public Chain Sui Network announced that the winning team of Builder House Vietnam Station, Mynft team in the multi chain NFT market won the first place, Typus Finance team won the second place, and Scallop and ComingChat team in the SocialFi application won the third place. It is reported that SuiBuilder Houses provides opportunities to meet and collaborate with global Sui builders. In 2023, Sui plans to hold Builder Houses in 12 places, with Vietnam as the second stop. The next stop will be held in Hong Kong from April 14 to April 16. Sui announces the winning team of Builder House Vietnam Analysis based on this information:Layer1 Public Chain Sui Network has announced the winners of its Builder House Vietnam Station. The blockchain startup company aims to create a decentralized future for the internet through a public chain that emphasizes security, scalability, and usability. As part of its vision, it holds a series of Builder…

According to reports, according to Coinglas data, 10345.55 BTCs have flowed into the exchange wallet in the past 24 hours, 27764.83 BTCs have flowed into the exchange wallet in the past 7 days, and 11141.75 BTCs have flowed into the exchange wallet in the past 30 days. Over 10000 BTCs have flowed into the exchange’s wallet in the past 24 hours Analysis based on this information:Bitcoin, the most valuable cryptocurrency, has witnessed a surge in inflows into exchange wallets in the past 24 hours. According to Coinglas data, a total of 10345.55 BTCs have flowed into the exchange wallet, indicating a spike in the appetite of traders and investors to gain exposure to Bitcoin. This development comes after a period of consolidation in Bitcoin’s price over the past few weeks, hovering around the $30k level. The data from Coinglas also suggests that Bitcoin inflows into the exchange wallet have increased in the past seven days to reach a staggering 27764.83…

21:00-7:00 Key words: Chainlink, BitMEX, BITE, BlackRock Overview of important developments overnight on March 19th Analysis based on this information:Overnight, from 21:00 to 7:00, the cryptocurrency market witnessed several significant events that could have a long-lasting impact in the future. Chainlink, BitMEX, BITE, and BlackRock are four keywords that capture the essence of these events. Chainlink is a decentralized oracle network that connects smart contracts with real-world data. Its importance lies in its capacity to enable smart contracts that rely on external information to execute programmatically without human intervention. At around 22:00, Chainlink announced a new partnership with Ankr, a platform that provides blockchain infrastructure solutions for developers. The partnership aims to integrate Chainlink’s oracle services into Ankr’s infrastructure, which could increase the speed, efficiency, and security of smart contracts built on Ankr’s platform. This announcement had a positive effect on Chainlink’s price, which surged by more than 10%. BitMEX is a popular cryptocurrency derivatives exchange that allows traders to…

According to reports, according to Coinglas data, the entire network has sold out 181 million dollars in the past 24 hours. Among them, Bitcoin sold out $57.53 million and Ethereum sold out $36.75 million. Over the past 24 hours, the entire network sold out $181 million Analysis based on this information:The crypto market has been showing signs of growth and resilience in recent weeks. According to Coinglas data, the network has successfully sold out a total of 181 million dollars within the past 24 hours alone. This is a sharp contrast compared to the bearish trend that gripped the market earlier this year. Bitcoin, the world’s most famous cryptocurrency, contributed an impressive $57.53 million to the 24-hour sales. This comes as no surprise as the coin has been experiencing significant gains in price in recent weeks. Bitcoin’s price has been on a steady increase since the start of the year, jumping from $29,000 to over $63,000, an all-time high for…

According to reports, after Credit Suisse Group announced that it would borrow 50 billion Swiss francs from the Swiss National Bank, UBS Group is reportedly considering acquiring the banking giant. However, UBS requires regulatory support to prevent any losses it may incur when acquiring Credit Suisse. According to unnamed sources familiar with the matter, UBS Group, the world’s largest private bank, hopes regulators will uphold the transaction. Source: UBS is considering acquiring Credit Suisse and requesting regulatory support for the transaction Analysis based on this information:The announcement by Credit Suisse Group that it plans to borrow 50 billion Swiss francs from the Swiss National Bank has brought about rumors of a possible acquisition by the UBS Group. The world’s largest private bank is enthusiastic about taking over Credit Suisse, but is seeking regulatory support to avoid any financial losses that may arise from the acquisition. According to sources familiar with the matter, UBS Group’s interest in acquiring Credit Suisse is…

According to reports, Chainlink’s official social media account posted an article saying, “We have provided rETH/ETH with a feed on Ethereum to establish a secure DeFi market around Rocket_Pool liquidity pledge tokens.” Chainlink: has provided a feed price to rETH ETH on Ethereum Analysis based on this information:Chainlink, a blockchain platform focused on building decentralized oracle networks, has recently confirmed through their official social media account the provision of a feed on Ethereum for rETH/ETH. This initiative aims to establish a secure DeFi market around Rocket_Pool liquidity pledge tokens. Chainlink’s decentralized oracle network provides reliable data feeds for smart contracts, offering transparency, authenticity, and security to ensure credibility and safety for users. Decentralized Finance, known as DeFi, is a decentralized ecosystem built on top of public blockchain networks that enable permissionless and transparent financial services. By providing a feed on Ethereum, Chainlink enhances the credibility and reliability of DeFi markets around Rocket_Pool liquidity pledge tokens, building trust among users and…

According to a report from Bitcoin Magazine, since El Salvador announced the start of purchasing one BTC per day, the price of BTC has increased by more than 62%. BTC prices have risen by more than 62% since El Salvador announced the start of purchasing one BTC per day Analysis based on this information:El Salvador, a Central American country, made a historic move in June 2021 by becoming the first country in the world to adopt Bitcoin as legal tender. According to a report from Bitcoin Magazine, the country announced the start of purchasing one Bitcoin (BTC) per day as part of its reserve assets. Surprisingly, since then, the price of BTC increased by more than 62%. The news of El Salvador’s adoption of Bitcoin created waves in the global crypto market, and the price surge was noticeable. El Salvador’s Bitcoin acquisition plan had a significant impact on the market, and the country’s move to use crypto as a parallel…

According to reports, data shows that 18657 ETH (valued at approximately $33295276) has been transferred from Binance to an unknown wallet. 18657 ETH transferred from Binance to unknown wallet Analysis based on this information:In the world of cryptocurrency, news of large transfers often raises suspicions and concerns. Recently, reports have emerged that 18657 ETH, a substantial amount worth approximately $33,295,276, have been transferred from Binance to an unknown wallet. The exact reasons behind this transfer, as well as the owner of the receiving wallet, remain unknown at the moment. Binance, a leading and trusted cryptocurrency exchange platform, has been providing services for trading dozens of virtual assets, including ETH or Ethereum, which is the second-largest digital currency by market capitalization. The transfer of a huge amount of ETH from Binance has raised concerns within the cryptocurrency community that can lead to speculation and a possible impact on the market value of ETH. The anonymity of the unknown wallet where the…

According to reports, European Central Bank (ECB) Regulatory Commission Holtzman said that inflation is more stubborn than expected, and most people believe that more interest rate hikes are needed. I expect several more rate hikes, and I am concerned that the ECB’s peak interest rate will be higher than 4%. European Central Bank Regulatory Commission Holzmann: Most people believe that more interest rate hikes are needed Analysis based on this information:The message suggests that the European Central Bank (ECB) is concerned about the inflation rates in the region. The ECB is the monetary authority responsible for maintaining price stability in the Eurozone. According to the report, the ECB’s Regulatory Commission, Holtzman, has indicated that inflation is more stubborn than expected, and most people believe that more interest rate hikes are needed. Holtzman has also expressed concern that the ECB’s peak interest rate could be higher than 4%. Inflation is a measure of the rate of increase in the price of…

According to reports, people familiar with the matter said that US regulators are embarking on a split of Silicon Valley Bank (SVB) due to the failure to find a suitable buyer for the entire company. The Federal Deposit Insurance Corporation (FDIC) is currently seeking to sell the bankrupt bank in at least two parts. The Federal Deposit Insurance Corporation of the United States is reportedly pushing ahead with its plan to spin off banks in Silicon Valley Analysis based on this information:Reports have emerged that the Silicon Valley Bank (SVB) may be split by US regulators as they are facing difficulty in finding a suitable buyer to purchase the entire company. The Federal Deposit Insurance Corporation (FDIC) is presently seeking to sell the bankrupt bank for at least two parts. This news, if true, has massive implications not only for the bank but also for the broader technology and startup ecosystems, as SVB is known for being one of the…

According to reports, people familiar with the matter have revealed that the Swiss authorities are considering nationalizing Credit Suisse Group wholly or partially as the only viable option beyond the acquisition of UBS Group. According to people familiar with the matter, due to the complexity of the transaction arrangement and the short time frame involved, if the acquisition of UBS Group fails, the country is considering either taking over Credit Suisse completely or holding a significant stake in Credit Suisse. The situation is very unstable and there is still a possibility of change as the Swiss authorities seek to finalize a solution for Credit Suisse before the Asian market opens (late at night European time). The Swiss finance ministry declined to comment. UBS’s acquisition of Credit Suisse has many complexities, including whether the government will provide guarantees to cover possible legal and other losses. Swiss authorities are reportedly considering nationalizing Credit Suisse in whole or in part Analysis based on…

On March 19th, it was announced that the decentralized identity protocol SPACE ID released detailed rules for air drop activities. It is reported that this air drop will be conducted on BNB Chain, and will be issued to approximately 294000 addresses with. bnb or. arb domain names at the time of the snapshot. The snapshot was completed at 22:00 Beijing time on March 14, with the corresponding BNB Chain block height of 26459696 and the corresponding Arbitrum One block height of 69763080. Currently, users can query the eligibility and the number of Tokens that can be claimed. The air drop will be open for collection from March 22 to April 22. SPACE ID issues air drop rules, which will be open for collection on March 22 Analysis based on this information:The decentralized identity protocol, SPACE ID, announced on March 19th release of detailed rules for air drop activities. SPACE ID has designed a unique method for conducting air drops that…

According to reports, the Swiss authorities are considering allowing Credit Suisse bondholders to bear losses as part of the rescue agreement. If Credit Suisse were liquidated rather than acquired by UBS, its bondholders’ losses could be even greater. (Reuters) Swiss authorities consider assuming losses to Credit Suisse bondholders Analysis based on this information:Reports indicate that the Swiss authorities are considering a proposal that could see Credit Suisse bondholders bear losses as part of the rescue agreement. If Credit Suisse were liquidated instead of being acquired by UBS, bondholders would suffer even greater losses. This development underscores the precarious financial situation of the multinational banking and financial services company. Credit Suisse, which is headquartered in Switzerland, is one of the largest banks in the world, with operations in several countries. The company has been grappling with various challenges ranging from regulatory fines, mounting legal fallout, and reputational damage. In the latest development, the Swiss authorities are crafting a rescue plan with…

12:00-21:00 Keywords: UBS, DefiLlama, Ark Invest, Pendle Overview of important developments in the evening of March 19th Analysis based on this information:UBS and Ark Invest have recently announced their plans to explore the growing DeFi market. This comes as DefiLlama, the platform that tracks DeFi protocols and their total value locked, continues to see tremendous growth. Moreover, Pendle, one of the up-and-coming DeFi protocols, has recently caught the attention of the DeFi community by creating a new way to trade yield. DeFi, short for decentralized finance, refers to a system of financial applications built on a decentralized blockchain network. Unlike traditional finance, DeFi is not controlled by any centralized entity like banks or financial institutions. Instead, it relies on a network of computers to automate and execute financial transactions. This system provides more transparency, efficiency and accessibility to users as they can participate in financial activities without intermediaries. UBS, one of the world’s largest wealth management banks, has expressed its…

It is reported that FTX has changed the auction date of its derivatives trading platform, Ledger X, from March 22 to April 4. It is reported that this is the second time to modify the auction date, and the auction venue is Sullivan& Cromwell office, sales hearing will be held on April 12th. The notification of the successful bidder shall be sent within one working day after the auction ends. FTX modifies the auction date of derivatives trading platform LedgerX to April 4th Analysis based on this information:FTX, a popular cryptocurrency exchange platform, has announced that it is postponing the auction date of Ledger X, their derivatives trading platform to April 4. This comes after the auction date was already rescheduled once, creating uncertainty around the future of the platform. The auction’s new venue is Sullivan & Cromwell office, and the sales hearing will be held on April 12th. The auction will be followed by the notification of the successful…