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Musk posted a reference to Satoshi Nakamoto; Microsoft supports the Astar incubation program | Block weekly

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2022.3.14 Issue 109

Keywords for this issue

NBA star Kyrie Owen showcases NFT; Biden will sign an executive order for the crypto industry; Coinbase plans to launch a zero-rate service; the encryption era of AC comes to an end; Temasek deeply lays out Web3; and the NFT myth of sudden wealth.

Musk posted a reference to Satoshi Nakamoto; Microsoft supports the Astar incubation program | Block weekly

1. NBA star Kyrie Irving recently showed the Invisible Friends NFT on social media

On March 7, NBA star Kyrie Irving recently posted the Invisible Friends NFT for the first time on social media. The NFT, invisible Friends #4818, was purchased at 8.5 ETH by the 0x3aD1D5CFCF9169Da73C23D85d5f2Bf53bC9d39dF address at 5:43 a.m. on March 4.

2. Executive Officer of SEBA, Swiss crypto bank: Clear regulations will accelerate the adoption of cryptocurrencies

On March 7, Christian Borel, senior executive officer of Swiss crypto bank SEBA, said in an interview that if the law is clear, it may drive the adoption of cryptocurrencies. In addition, the presence of "regulated counterparties" within the banking sector creates a safe and credible path for institutions and their stakeholders to enter the cryptocurrency space.

Borel also noted that digital assets are in the interest of institutions when it comes to finding new prospects. In addition, he believes that because it caters to the needs of many people, the industry will have more digital asset banks in the future. When asked about the benefits that digital assets can bring to institutions and individuals, Borel described cryptocurrencies as an "attractive alternative."

3) Biden's crypto executive order will support responsible innovation

On March 9, U.S. Treasury Secretary Yellen said in a press release that Biden's crypto executive order will support "responsible innovation" because it can coordinate policy among U.S. regulators. At the same time, in accordance with the executive order, the Ministry of Finance will cooperate across departments to prepare a report on the future of the currency and payment system, and will work with the Financial Stability Supervision Board to discuss Stablecoin.

Biden will sign an executive order this week that will guide federal agencies in reviewing potential regulatory changes, as well as the impact of digital assets on national security and the economy.

4. Sports entertainment company DraftKings joined the Polygon ecosystem as a verifier node

On March 9, Polygon announced that DraftKings, a NASDAQ-listed sports entertainment company, will join the Polygon ecosystem as a validator and node operator. DraftKings will partner with B2B digital asset infrastructure provider Zero Hash to become one of Polygon's 100 validators.

Sandeep Nailwal, co-founder of Polygon, said: "DraftKings will join the Polygon Verifier Ecosystem as an equal community member to help Polygon build a decentralized, community-run consensus network."

5. The decentralized storage protocol Bundlr Network implements the integration of Arweave and Orbitrum

On March 9, the decentralized storage protocol Bundlr Network announced the seamless integration of Arweave and Arbitrum, which enables users on Arbitrum to permanently store data on Arweave.

6. Musk mentioned Bitcoin creator Satoshi Nakamoto in a social media post

On March 9, Elon Musk posted a picture on social media mentioning Bitcoin creator Satoshi Nakamoto.

7. The liquidity pledge agreement pSTAKE has accessed the Cosmos ecosystem through IBC

On March 9, the liquidity pledge agreement pSTAKE announced that it has officially accessed the Cosmos ecosystem through Cosmos' interoperability protocol IBC, and users can transfer the ERC20 form of PSTAKE from Ethereum to Cosmos Persistence Hub through the transfer bridge. Currently, only one-way transfers from Ethereum to Persistence Hub are supported.

8. Blockchain infrastructure service provider Blockdaemon announces acquisition of cryptocurrency API company Gem

On March 9, blockchain infrastructure company Blockdaemon announced the acquisition of cryptocurrency API company Gem. As part of the agreement, Blockdaemon will leverage all of Gem's flagship products, including the Onramp solution, Connect API, KYC Passport, and more.

Gem has a fiat-cryptocurrency portal and a comprehensive transaction data aggregation service for tracking cryptocurrency investments from a single location.

9, e-commerce giant Shopify replaced twitter avatar with Doodles NFT works

On March 9, e-commerce giant Shopify changed its Twitter avatar to Doodles NFT.

10. "Web 3 Version of WeWork" EmpireDAO launches 36,000 square feet of coworking space in Manhattan

News on March 9 According to Coindesk, "Web 3 Edition WeWork" EmpireDAO announced the launch of 36,000 square feet of coworking space in Manhattan, hoping to serve New York City's crypto BUIDLer, especially some companies and individuals focused on building Web 3 projects and companies and individuals, which is also the first "physical store" opened by EmpireDAO.

11. zkSync upgrades the 2.0 entrance, and supports paying Gas fees with any ERC20 Token

On March 10, ZKSync announced that ZkSync, an Ethereum scaling solution based on ZK Rollups, announced an upgrade to version 2.0, with new features including support for paying Gas fees in any ERC20 Token without being limited to ETH, as well as adding a new blockchain browser.

12, women-themed NFT project World Of Women market value exceeded $100 million

On March 10, the market value of the women-themed NFT project World of Women (WoW) has exceeded $100 million, which is $104.79 million at the time of writing, with a total transaction value of $172.97 million and a floor price of 7.2 ETH.

World Of Women is the crypto industry's first collectibles project for women, with 10,000 randomly generated "female avatars" each with its own unique characteristics, such as skin tone, earrings, hairstyles, clothes, facial features, and more. The highest value in the series was Woman #6025, purchased by The Sandbox for 200 ETH.

13. God appealed to the New York court to give Virgil Griffith leniency

In a letter to New York's Southern District District District Judge Kevin Kastell, Vitalik Buterin details his 7-year friendship with Virgil Griffith, in a letter to New York's Southern District District Judge Kevin Kastell, who called on a New York court to call on a New York court to grant leniency to former Ethereum developer Virgil Griffith, in a letter detailing his 7-year friendship with Virgil Griffith, saying they met in 2013 and in 2016 Began collaborative research on the Ethereum blockchain.

14. NFT casting platform Manifold Studio now supports converting HTML pages to NFTs

On March 11, the NFT casting platform Manifold Studio now supports converting HTML pages to NFTs. Instead of manually uploading their website to Arweave or Pinata and then manually adding fields to personal metadata, Studio automatically completes the process for the user.

15. Microsoft announced support for the Astar incubation plan of the multi-chain smart contract platform

On March 11, Microsoft announced that it will support the construction and implementation of Web 3 through the multi-chain smart contract platform Astar Incubation Program, Astar Network, the smart contract HUB of WASM + EVM on Polkadot.

Microsoft and the Astar Network will collaborate on the Astar Incubation Program, including providing a wide range of resources (marketing support and mentoring networks) to select startups in the Astar Incubation Program to help them succeed in global markets.

Microsoft will also support select startups worth up to $350,000 through Github Enterprise, Microsoft Teams, and Azure Credits, an Astar Incubation Program designed to nurture entrepreneurs and startups in the Web3 space and accelerate adoption of the Astar Network.

16. Legendary trader Peter Brandt: It is recommended that Gen Z invest in BTC and prudent company stocks and hold them for a long time

On March 11, legendary trader Peter Brandt said in a post on his social networking site that it is recommended that Gen Z invest in shares of BTC and prudent companies and hold them for a long time. He also said that the above assets should be purchased continuously and hopes to be bought at a lower price in the future. In December 2021, Peter Brandt said that BTC prices had not yet bottomed out.

17, Ethereum second-layer solution Optimism will enable multi-client architecture

On March 12, Optimism, an Ethereum two-tier solution, announced that it would enable a multi-client architecture. Optimism means that it will use a multi-client path for decentralization, targeting less than 1,000 lines of code to convert a standard Ethereum client to an Optimism client.

Optimism will work with external teams and incentivize them to create additional clients, form the Optimists federation and launch Bedrock, and then enable the multi-client architecture.

18. Coinbase intends to launch a "zero-rate" transaction service

On March 12, Coinbase Chief Financial Officer Alesia Haas revealed at the 2021 fourth quarter teleconference that the trading platform has begun to recruit the first customers for the "Coinbase One" subscription service, these users can be the first to experience the "zero rate" trading service, in addition to enjoying up to $1 million in account protection and 7/24 telephone service support.

However, a Coinbase spokesperson declined to disclose the price of the "Coinbase One" subscription service, saying only that the service will be charged monthly and is still in beta.

Musk posted a reference to Satoshi Nakamoto; Microsoft supports the Astar incubation program | Block weekly
Musk posted a reference to Satoshi Nakamoto; Microsoft supports the Astar incubation program | Block weekly

Anton Nell said it wasn't a knee-jerk reaction to project outrage, but a decision that had been around for some time.

Musk posted a reference to Satoshi Nakamoto; Microsoft supports the Astar incubation program | Block weekly

The emerging concept of metaversity landed in 2021, related concept stocks have risen all the way, and have also become the annual word of "Chinese Inventory 2021" and the top ten internet terms of 2021, and the metacosm not only stimulates everyone's curiosity, but also attracts the special attention of technology companies and industry giants.

At a time when the fireworks of the metaverse are booming, Facebook, one of the world's largest social media platforms, directly announced the renaming of Meta, which is derived from the "Metaverse", and it is not difficult to see Zuckerberg's determination to bet on the metaverse.

Musk posted a reference to Satoshi Nakamoto; Microsoft supports the Astar incubation program | Block weekly

Recently, Temasek, Chinese social and gaming giant Tencent Holdings, and Meta-Universe investment agency Animoca Brands invested $200 million in Australian NFT startup Immutable. After this round of funding, Immutable is valued at $2.5 billion, joining the ranks of crypto unicorns.

Not long ago, Temasek also led a $200 million financing for digital fintech platform Amber Group. Just in January, FTX US completed a $400 million Series A round of financing, and Temasek was once again seen among the participants.

Musk posted a reference to Satoshi Nakamoto; Microsoft supports the Astar incubation program | Block weekly

On March 4, American rapper Snoop Dogg tweeted a video saying that he had bought Invisible Friends #4963, and NFTGo.io data showed that Snoop Dogg was buying at 5.9 ETH.

In recent times, although pessimism has affected the cryptocurrency market, the NFT market is experiencing an unprecedented trend, with celebrities and brands increasing their exposure in the field, and the NFT boom has begun to blow around the world unconsciously.

Musk posted a reference to Satoshi Nakamoto; Microsoft supports the Astar incubation program | Block weekly

Maybe you're an independent artist and you want to build a custom hub for your own crypto art, or maybe you're running a Web3 record label and then want a fashion platform that many artists can use.

Whatever your creative needs, Artiva is an interesting DIY website builder that can help you quickly create your own NFT platform.

Musk posted a reference to Satoshi Nakamoto; Microsoft supports the Astar incubation program | Block weekly

1. DeFi Bank Scallop joins the PCI Security Standards Committee

On March 7, DeFi banking application Scallop joined the PCI Security Standards Committee, which is composed of traditional financial conglomerates American Express, Discover, Visa and MasterCard, to help improve the security of payment data around the world.

Scallop is a regulated DeFi banking application. The PCI Security Standards Council is a global community whose goal is to improve the security of payment data worldwide. Scallop will work with PCI SSC to assist in the continued development and adoption of PCI safety standards.

2. DeFi trading platform DeversiFi announced the launch of the Orbitrum cross-chain bridge

On March 8, deFi trading platform DeversiFi announced the launch of the Arbitrum cross-chain bridge, which allows users to quickly transfer assets between arbitrum and the DeversiFi network, while significantly reducing fees. The cross-chain bridge supports ETH, USDC, USDT, and DAI early on, and will support more assets in the future.

3. Swiss digital asset bank Sygnum has been approved to carry out more regulated cryptocurrency business in Singapore

On March 8, Sygnum Singapore, the Singapore-based subsidiary of Swiss digital asset bank Sygnum, announced that it has received principled approval from the Monetary Authority of Singapore to carry out three regulated activities under its Capital Markets Services Licence (CMS), including corporate finance advisory services for companies seeking to raise capital, trading capital markets products and providing custody services for asset and securities tokens.

4. Chain game DeFi Kingdoms launched its sub-network DeFi Kingdoms chain

On March 9, deFi Kingdoms announced the launch of the deFi Kingdoms blockchain (DFK Chain), a sub-network jointly developed with Ava Labs. JEWEL will serve as a Serendale Governance Token and pay for the DFK Chain's gas fee.

The Avalanche Foundation launched a $290 million incentive program to drive the net growth game project, and DeFi Kingdoms was the first to receive a reward through the Multiverse program, for which Avalanche has set aside $15 million in incentives.

Musk posted a reference to Satoshi Nakamoto; Microsoft supports the Astar incubation program | Block weekly

1. NFT startup Space Runners completes $10 million funding round, led by Polychain and Pantera Capital

Musk posted a reference to Satoshi Nakamoto; Microsoft supports the Astar incubation program | Block weekly

On March 7, NFT startup SpaceRunners completed a $10 million seed round, led by Polychain and Pantera Capital, and joined by Accel, Jump Crypto, Executive Chairman and Co-Founder of Animoca Brands Yat Siu, and Twitch Co-Founder Justin Kan.

Deniz zgür, CEO of Space Runners, said in an interview, "We are designing and launching the NFT series of fashion products, and this process is underway." Paul Veradittakit, a partner at Pantera Capital, said Space Runners' vision is to pave new ways to interact with fashion on the blockchain.

2. Bitcoin mining company Blockmetrix completed a $43 million Series B financing

Musk posted a reference to Satoshi Nakamoto; Microsoft supports the Astar incubation program | Block weekly

On March 8, Blockmetrix, a bitcoin mining company headquartered in Dallas, Texas, announced the completion of a $43 million Series B financing, mainly from the United States, Australia and several Asian countries, and the company's total financing amount has reached $50 million so far.

Blockmetrix plans to use this latest financing to purchase 5,000 miners while controlling the cost of electricity to achieve rapid growth.

3. P2E fighting game MetalCore completed $15 million token and NFT financing

Musk posted a reference to Satoshi Nakamoto; Microsoft supports the Astar incubation program | Block weekly

On March 10, P2E fighting game MetalCore announced the completion of a $15 million Token and NFT financing, which was led by BITKRAFT Ventures and Delphi Digital, with the participation of Immutable and other institutions.

MetalCore is built using Unreal Engine 4, where players can participate in large PvP battles and sell and trade their own NFTs. The team said that this round of financing will be used for development and construction to improve the quality of the game to AAA level.

4. NFT fund Cucumber has raised more than $30 million and will be launched in the near future

Musk posted a reference to Satoshi Nakamoto; Microsoft supports the Astar incubation program | Block weekly

On March 11, the NFT fund Curated, launched by NFT collectors andrewjiang.eth and Todd Goldberg, has raised more than $30 million and will be launched in the near future. Curated aims to become an NFT asset fund focused on and involved in ecological construction, and plans to collect blue-chip NFTs as well as emerging categories of NFTs.

In addition, Curated said that in addition to collecting NFTs and helping creators, Curate also plans to launch its own NFT-related experiments. Users can participate by investing in the fund's community finance.

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