According to news on May 15, people familiar with the matter revealed that Tesla’s current chief financial officer, Zach Kirkhorn (Zach Kirkhorn), was frustrated with Musk’s high-profile investment in Bitcoin. Tesla bought $1.5 billion worth of bitcoin in early 2021, and Zach Kirkhorn is reluctant to keep the cryptocurrency on the company's balance sheet, having...
On May 14th, CoinbaseAssets announced that Coinbase has banned the trading of Gala V1 (GALA), but users can still access their own Token and withdraw money at any time. According to previous official news from Gala Games, the existing Gala V1 will be abandoned on May 15 and Gala V2 will be released under a new contract address, but Coinbase will not support any...
Encrypted environmental protection startup Ecoterra announced that it has completed a pre-sale round of financing of over US$3.5 million. The company encourages users to engage in environmental protection work by issuing native tokens. The Web3 application it develops allows users to scan the barcodes of the materials they want to recycle. Token incentives are...
On May 12th, Andy Chorlian, the founder of the NFT fragmentation protocol Tessera (formerly Fractional), issued a document announcing that Tessera and the NFT market Escher founded by him will end all business in the next few weeks. As previously reported, the NFT platform Fractional.art announced in August 2021 that it had completed a $7.9 million seed round of...
Listed bitcoin miner Marathon Digital Holdings (MARA) announced in a filing that it has received a subpoena from the U.S. Securities and Exchange Commission (SEC), which is investigating potential violations of federal securities laws, including related party transactions. Marathon Digital's first-quarter results were better than analysts' expectations, with...
On May 10th, Gitcoin announced that it has reached a cooperation with Rocket Pool, an Ethereum liquidity staking agreement. As a node operator and a member of Oracle DAO, Gitcoin will provide funds for public products while ensuring the security of the Ethereum network to achieve mutual benefits. The partnership offers Gitcoin three-fold benefits to participate in...
On May 9th, the Sui ecosystem DEX Turbos Finance invested by Jump Crypto announced that it will open IDO. The IDO will last for two days from 10:00 UTC on May 12th. The IDO will be held on Turbos Finance’s native accelerator TurboStar. In addition, the team also announced the Token economics of the project. The maximum supply of TURBOS is set at 10,000,000,000...
According to sources familiar with the matter on May 9, private equity giant Apollo Global Management is participating in the bid for the bankrupt encryption lending platform Celsius. Celsius has publicly identified several entities attempting to acquire the company. Apollo is one of the investors in the acquisition offer submitted by digital asset investment firm...
According to peer customer data, last week (May 1-May 8, 2023) the international weekly index of digital collections rose 4.8 points to 14.7 points, the domestic weekly index rose 14.3 points to 150.2 points, and the weekly index of comprehensive value of digital collections rose 8.6 to 68.9 points. Remark: · The comprehensive value index of digital collections...
Mete Feridun, a member of the European EMU Financial Supervision Center, issued a document saying that the European Parliament recently approved the market supervision of encrypted assets (MiCA), marking an important milestone in the supervision of the encrypted assets industry in Europe and other regions. MiCA will establish the first coordinated and...
Gabor Gurbacs, director of digital asset strategy at VanEck, an investment management company in new york, said on social media that bitcoin-based technology may absorb value from traditional asset classes and create value on a global scale. The potential for creating value is trillions of dollars. The cost of the base layer will increase with the adoption....
On May 7 th, according to the disclosure of Chosun Ilbo, South Korean parliamentarian Kim Nan-kuo held 800,000 WEMIX pieces when he proposed a tax bill to postpone virtual assets such as cryptocurrency in 2021, and the highest price exceeded 6 billion won (about 4.55 million US dollars). The prosecution has launched an investigation into this matter to confirm...
U.S. venture capital firm Tyche Block Ventures' blockchain growth fund has completed a HKEX:30 million fundraising, led by ultra-high-net-worth individuals and family offices from Southeast Asia and the Middle East, and Pacific and other investment partners have committed to provide 500 million Ten thousand U.S. dollars. Tyche Block Ventures has committed to...
Grayscale published an article on its official website about BTC Ordinals. The article stated that Ordinals effectively created an NFT on the Bitcoin network. Represents one of the larger opportunities for Bitcoin adoption, especially as the Bitcoin network has historically been viewed as a rigid blockchain ecosystem. We believe that Ordinals have a positive...
According to news on April 27, the blockchain interoperability startup Datachain has completed the commercialization experiment of digital securities and stable currency cross-chain settlement. This experiment uses CosmosIBC and LCP to realize the interconnection of Corda and ConsenSysQuorum networks. ProgmatCoin, a stablecoin platform under Mitsubishi UFJ...
On April 26th, Marlin tweeted that the function of the Polygon MEV Dashboard has been updated to track how much extra fees are received by MATIC validators running mev-bor, which is a flashbots built and maintained by Marlin for Polygon client. On April 24, InfStones received a 248% additional fee from the MEV bundle block. explore.marlin.org already supports...