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2022.4.18 Issue 114
Keywords for this issue
Spike Lee announces the launch of its first NFT; the Router Protocol supports cross-chain transfer and trading of funds; virtual assets are protected by law; Instadapp launches earnings products for ETH2.0; Opera officially launches an encrypted browser for iOS; A soaring Terra.
1. Coinbase suspends support for a unified payment interface in India
On April 11, Coinbase suspended support for the Unified Payment Interface (UPI) in India, and its mobile app showed that "this payment method is temporarily unavailable." Please try another payment method. We apologize for any inconvenience this may cause."
On April 7, Coinbase partnered with UPI, a single-window mobile payment system developed by India's National Payments Corporation (NPCI), and Indian users can now buy cryptocurrencies directly on Coinbase in India.
Subsequently, the National Payments Corporation of India (NPCI) issued a statement on April 8, saying, "We have noted recent media reports that some cryptocurrency trading platforms will use the Unified Payment Interface (UPI) to purchase cryptocurrencies, and the National Payments Corporation of India hereby clarifies that it has not noticed that the Unified Payment Interface uses any cryptocurrency trading platforms at this time."
2) The former COO of SoftBank Group has spent 10% of its portfolio on Bitcoin
On April 11, at the 2022 Bitcoin Conference in Miami, Mararcelo Claure, former chief operating officer (COO) of SoftBank Group, said that he now spends 10% of his portfolio on Bitcoin. Marcelo Claure said that concerns about a potential recession were one of the reasons he chose to increase his exposure to cryptocurrencies.
3. The well-known Hollywood director Spike Lee announced the launch of his first NFT
On April 12, Spike Lee, a well-known Hollywood director and Academy Award winner for lifetime achievement, announced the launch of his first NFT project, which comes from a film still from his role Mars Blackmon in the movie "She's Gotta Have It.")
With a total of 3,945 NFTs in circulation, a portion of the sales proceeds will be used to support creative content designed to advance film, art, speakers and live music.
4. Pixel Meta universe Worldwide Webb announced that it will airdrop based on in-game land
On April 12, Worldwide Webb announced on social media that it will airdrop based on the landowners in the meta-universe, including resources, Tokens, voting rights, rare items and clues to special events, and other relevant information has not been disclosed.
5. Cross-chain infrastructure Router Protocol integrates with the Orbitrum network to support cross-chain transfer and transaction of funds
On April 13, the cross-chain infrastructure Router Protocol announced that it has integrated the Arbitrum network, allowing users to transfer funds between Arbitrum and other networks supported by the Router. The networks that the Router Protocol has integrated include Ethereum, Avalanche, Fantom, Polygon, BNB Chain, and Optimism.
6. STEPN announced that it will start buying back and destroying GMT, and plans to invest 10,000 SOLs per day until the funds are exhausted
On April 14, move to Earn app STEPN announced that it would begin buying back and destroying Token GMT, and the team plans to buy 10,000 SOL (about $1 million) of GMT per day until the funds run out ($26 million in total).
According to STEPN officials, in the first quarter of 2022, it made a profit of 198,635.62 SOL (about $26,815,807.35) through trading royalties (4%) and fees (2%) in the in-app NFT market, with a total transaction value of about 3310593.67SOL (about $446 million). At the same time, the team announced that it would use the profits to buy back GMT from the secondary market and destroy GMT. To avoid causing sudden price fluctuations, this process can take up to a month to complete.
7. Beijing Arbitration Commission: Virtual currencies such as Bitcoin are virtual assets and are protected by law
On April 14, the Beijing Arbitration Commission made a ruling on a case of entrusted management of bitcoin disputes, the Beijing Arbitration Commission believes that bitcoin and other virtual currencies are virtual assets, protected by law, at present, there are no laws and administrative regulations in the mainland to prohibit bitcoin trading activities, and not all virtual currency as the subject of trading activities, but prohibit virtual currency-related business activities as illegal financial activities.
In this case, the contract is not an illegal financial activity and a token issuance financing activity expressly prohibited by the above documents, and the relevant provisions do not apply. The Beijing Arbitration Commission also said that the existing regulations only emphasize that it cannot be circulated as currency, but do not completely prohibit transactions as virtual property, and only if the business is suspected of illegal financial activities, it should be controlled.
8. DeFi aggregation platform Instadapp launched a USDC revenue product for ETH2.0
On April 14, DeFi aggregation platform Instadapp launched a revenue product for USDC, the product strategy is: through the AAVE and Lido protocol, the USDC is deposited into the AAVE lending ETH, participate in the ETH2.0 pledge, the user will eventually still receive the BENEFIT in the form of USDC.
In addition, Instadapp will continue to launch revenue-based products for WBTC, DAI, UNI and AAVE in accordance with this model.
9, "Rich Dad Poor Dad" Author: Holding SOL is because it is optimistic about its potential
On April 14, Robert Kiyosaki, author of the best-selling book "Rich Dad Poor Dad", was asked in a recent interview why he recently added Solana (SOL) to his portfolio. He said the best deals are always done early on.
Individuals bought bitcoin at $6,000, and Solana is also in its early stages and has potential, but it's a long-term opportunity. When asked about dollar inflation, Robert Kiyosaki said that a large percentage of Americans don't even have $1,000, suggesting that inflation will irreparably change inherent American life.
10. Musk launched a vote that "privatization of Twitter should depend on shareholders, not the board."
On April 15, Musk launched a vote on social media called "taking Twitter private at $54.2 per share should depend on shareholders, not the board."
Previously, Musk said in response to netizens' views that "if the Twitter board rejects the offer made by Musk, the act will directly violate the economic interests of shareholders", if shareholders are not allowed to vote, it will be completely untenable, and it is the shareholders rather than the board of directors who own the company. As of now, 84.1% of voters agree with it.
11. Opera officially launched the iOS version of the encrypted browser, integrating an unmanaged encrypted wallet
On April 15, Opera announced that its encryption browser has now officially landed on the iOS platform, and several Web3 and encryption-related features can be seen in the feature list. At the same time, Opera Crypto Browser integrates unsecured crypto wallets, supports blockchain ecosystems such as ETH, Polygon and Celo, and enables the purchase of cryptocurrencies without the need for third-party applications.
In addition, the browser provides seamless and direct access to decentralized trading platforms, Web3-based NFTs, games, and decentralized applications. It covers more than 7,000 Polygon-based services, allowing users to seamlessly experience Web3 services as they would any website on Web2.
12. Bloomberg: Twitter has launched the "Poison Pill Project" to counter Musk's acquisition
On April 15, Twitter's board of directors decided that Twitter has officially launched the "Poison Pill Plan" (a fixed-term shareholder equity plan) to oppose Musk's acquisition. The program is triggered by anyone acquiring 15% or more of Twitter's issued common stock in a transaction without board approval, and the plan is valid for one year.
Recently, the news about Near to go online to calculate the stable USN spread on the Internet, after the Luna fire, everyone's enthusiasm for the stability was ignited again, and now the first-line public chain will personally play?
The old people in each circle must have experienced the era of stabilization, the first generation of AMPL, the second generation of ESD, BAS, the third generation of stability of the three jie Fei, Float, Reflexer, the fourth generation of OHM...
In the film "Prometheus" directed by Ridley Scott, the people of the future world have been highly technologically advanced, material progress is no longer the most important goal, and for human beings, the truth about the origin of species has become a grander civilization issue, and many scholars have followed it.
Archaeologists examined tens of thousands of years of ruins and found that all the clues they got pointed to the same location — a moon in a star system decades away. So in the name of Prometheus, the god of fire, the explorers embarked on a two-year journey into space, just to get an answer: Where do we come from? What is our meaning?
Profit = Total Revenue - Total Expense
Some argue that this formula does not apply to blockchain. "Blockchains are not enterprises – they have no profit margins"
I think this is wrong. The profit formula applies to blockchain just as it applies to households, Fortune 500 companies, nonprofits, and nation-states.
This week, Fortnite developer Epic Games announced the completion of a $2 billion funding round that will be earmarked for their metaversal project.
Facebook's parent company Meta also recently said it would charge creators up to 47.5 percent in its virtual reality platform Horizon Worlds.
1. DeFi lending agreement Alchemy launches the algorithmic market maker Elixir
On April 11, DeFi lending agreement Alchemix launched the Algorithmic Market Maker (AMO) Elixir, which refers to the algorithmic market maker in FRAX to adjust the supply of alUSD in the liquidity pool, aiming to actively earn income with collateral and better manage the prices of alUSD and alETH assets.
Alchemix expects it will take 6 weeks to migrate assets from Transmuter to Elixir, after which Elixir will deposit assets into the alUSD3CRV pool for liquidity.
2. Meta's VR social game "Horizon World" launched a virtual commodity trading tool
Meta recently launched a virtual commodity trading tool in its VR social game Horizon Worlds, and some creators will be able to sell virtual items in their respective worlds. Currently, only U.S. and Canadian citizens over the age of 18 can participate in the tool.
3. DeFi brokerage company Securrency Capital was licensed for financial services in Abu Dhabi
On April 12, Securrency Capital, a DeFi brokerage firm owned by Securrency, a digital asset compliance technology provider, announced that it has obtained a financial services license from the Abu Dhabi Global Markets (ADGM) Financial Services Authority (FSRA) to process digital asset investments as a matching principal and provide custody for these investments. The license enables Securrency Capital to offer digital asset trading to a variety of clients, including retail investors.
On April 26, 2021, Securrency announced the completion of a $30 million Series B funding round, with a renewed investment from NASDAQ-listed asset management company WisdomTree Investments, with the participation of State Street, U.S. Bank, and Abu Dhabi Catalyst Partners. The financing is expected to be used for new product development and international business expansion.
4. Jet Protocol announces detailed information related to DAO governance and JET airdrops
On April 14, the Solana eco-lending project Jet Protocol officially released the details of the project's DAO governance and JET retroactive airdrop. Jet Protocol's native Token JET is a utility token that grants governance to holders in addition to being used as an incentive for early users and collaborators of the protocol.
In terms of airdrop rules, prior to the November 16, 2021 snapshot, users who have interacted with the Jet Protocol mainnet in the legal area will be eligible for airdrops, and will receive additional bonuses if they have interacted with the developer network using the same address. In addition, all of the user's airdrop shares will be automatically pledged in JetGovern at the time of application and will begin to receive earnings within the second week, and the pledge will not be unlocked for 29.5 days.
In terms of governance, jet protocol will release jetgovern applications for JET holders, including governance and ecosystem participants, to participate in the governance of the protocol. After the JetGovern application is released, eligible users can access JET Token's airdrop claim interface to pick up airdrops.
1. Cocos, a digital interactive content development platform, completed a $50 million Series B financing, with GGV Jiyuan Capital participating
April 11 news, digital interactive content development platform Cocos recently announced the completion of a $50 million B round of financing, this round of financing by Jianxin Trust, GGV Jiyuan Capital, Sound Network Agora and other investment. This round of funds will be used to continuously improve the core technology of the Cocos engine and promote the further integration of the Cocos engine with scenarios such as games, automobiles, education, XR, home design, and architectural engineering design.
In addition, Cocos has recently become a Baidu partner to provide a technical platform base for the metaverse world, and the two sides will jointly build the metacosmic world.
2. Brazilian fintech company Stark Bank completed a $45 million financing round, led by Ribbit Capital
On April 12, Brazilian financial solutions platform Stark Bank announced the completion of a $45 million financing round led by Ribbit Capital, an investment firm owned by Amazon founder Jeff Bezos.
Lachy Groom and Bezos Expeditions, SEA Capital, K5 Global and others participated, and angel investors included Airbnb founders, Kavak founders, Coinbase executives and Visa executives. Funds from this round of funding will be used to increase its product portfolio.
3. Civitas completed a $20 million financing, led by Delphi Digital and Three Arrows Capital
On April 12, the chain game Civitas announced the completion of a $20 million financing, led by Delphi Digital and Three Arrows Capital, and participated in by Framework Ventures.
This round of funding will be used to build Civitas as a community-driven collaborative city building game, with beta releases scheduled for the first quarter of 2023 and official launch later in 2023.
4. Crypto payment company MoonPay completed a $87 million financing, with Justin Bieber, Snoop Dogg and others participating
On April 13, crypto payment company MoonPay announced the completion of an $87 million round of financing, which was invested by more than 60 celebrities such as pop singer Justin Bieber. The round of funding is part of the company's Series A funding round.
Crypto payment company MoonPay completed a $555 million Series A round of financing last November at a valuation of $3.4 billion, led by Coatue and Tiger Global. The proceeds from the financing will be used to recruit new employees, expand business scope and add more payment methods. Meanwhile, MoonPay is working on a way to streamline the NFT market checkout process and has begun testing it with partners like OpenSea, Binance, and Dapper Labs.
Blocker Weekly is a cutting-edge book in the blockchain industry carefully created by the Blockchain Workshop, which selects weekly hot spots and cutting-edge views for blockchain enthusiasts. If you have good comments and suggestions, please leave a comment in the comments below.
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