V God appeared on the cover of Time magazine NFT; El Salvadors Bitcoin bond issuance was postponed (March 21)-web3资讯-ODAILY

V God appeared on the cover of Time magazine NFT; El Salvadors Bitcoin bond issuance was postponed (March 21)

headlines

Time Magazine will release its first NFT magazine on March 23, with V God on the cover

According to official news, TIME magazine announced that it will release the first fully decentralized magazine in the form of NFT on the blockchain on March 23, with V God as the cover. Created in partnership with NFT project LITDAO, this NFT allows holders to read the full content of the magazine through an interactive NFT. Backed by Circle, Time will airdrop NFT distributions to select TIMEPiece and Genesis LIT community wallet holders.

El Salvadors Bitcoin Bond Issuance Delayed"El Salvadors $1 billion"volcano bond

It has not yet entered the market, and the turbulent international situation may be the key reason for the delay. El Salvadors Finance Minister Alejandro Zelaya has previously said the bond sale could take place between March 15 and March 20, with the war between Ukraine and Russia likely to slow the process. But our tool is almost done. In fact, while lawmakers in El Salvador still have work to do on the bond, according to local newspaper La Prensa Gráfica, as of March 15, the laws needed for the bond hadn’t been presented to Congress. In November 2021, President Nayib Bukele announced plans to raise funds for the construction of Bitcoin City by issuing bonds with an annual coupon rate of 6.5%. Half of the funds will be used to buy bitcoins, with the rest going towards infrastructure and geothermal energy-powered bitcoin mining. (Coindesk)

Qatar Central Bank is working on digital banking and CBDC

In an interview with The Peninsula, Al Muftah said the study will look at “different aspects and verticals of fintech,” in addition to determining whether Qatar’s issuance of a central bank digital currency (CBDC) is feasible. (Bitcoin.com)

cryptocurrency

Equilibrium wins the 12th auction of the Polkadot parachain

Equilibrium announced that it won Polkadots 12th auction and will join the Polkadot network as the 12th parachain. The project plans to launch the spot and lending markets before June. It is reported that Equilibrium is designed as a super application, which integrates the most popular DeFi use cases, provides high-leverage cross-chain lending and trading digital assets, combines order book DEX, margin trading functions and innovative currency markets, with minimum collateral Ask as low as 105%.

The amount of locked positions on the Solana chain surpassed Fantom and ranked fifth in the amount of locked positions on the public chain

According to Defi Llama data, the current total lock-up volume of DeFi protocols is 211.97 billion US dollars.

A vala n c he The top five public chains with locked assets are the ETH chain with a locked amount of US$116.44 billion; the Terra chain with a locked amount of US$26.67 billion; the BSC chain with a locked amount of US$12.17 billion; the Avalanche chain with a locked amount of US$12.17 billion. It was 11.33 billion U.S. dollars, up 2.32% in 24 hours; the locked position on the Solana chain was 7.19 billion U.S. dollars.S On-chain U ，of of blockchain

blockchain

On March 20, according to the latest data from usdccool, the issuance of USDC on the Avalanche chain surpassed that of Tron, becoming the third largest blockchain in terms of USDC issuance.

At the time of writing, the USDC circulation on the Avalanche chain is $506,551,230.66, and the USDC circulation on the TRON chain is $491,999,207.54. At present, the total circulation of USDC is 48.81 billion US dollars, and the largest circulation on the Ethereum chain is about 47.476 billion US dollars; Solana ranks second with a circulation of about 4 billion US dollars.o Data: C O sm o s i The first DEX platform of smos ecology

s The total lock-up volume reached 1.65 billion US dollars

According to data from TokenTerminal, the transaction volume of Osmosis, the first DEX in the Cosmos ecosystem, has reached 11 billion US dollars. At the same time, the total lock-up volume of Osmosis reached 1.65 billion US dollars.

It is reported that Osmosis plans to expand to multiple blockchain networks including Ethereum in the future.

Ripple is Hiring a Director of Carbon Markets to Expand Business

Jim Chauncey-Kelly, vice president of global talent recruitment at Ripple, tweeted that he is recruiting a carbon market director as the company seeks to expand its business in the carbon market and focus on climate protection. According to the job description, the successful candidates hired will work with various divisions and teams at Ripple, including RippleX, Ripple Impact, and more. Additionally, candidates will also work with fintech companies, cryptocurrency exchanges, etc., focusing on reducing their carbon footprint.

The job description states that as part of the company’s strategy to partner with carbon markets, RippleX is leveraging multiple real-world use cases to work with cryptocurrency opportunities, including DeFi, Dapps, central bank digital currencies (CBDCs), stablecoins, NFTs, and more. (U. Today)

The cross-chain bridge Across Protocol announced the airdrop proposal, planning to issue 10 million ACX

The cross-chain bridge Across Protocol announced the first draft of its ACX airdrop proposal in the community. According to the content of the proposal, the total airdrop plan is 10 million pieces (accounting for 10% of the total supply), of which:"20% will be distributed to those who join Discord before March 11th and own"Co-founder

identity of community members;

50% will be distributed to LPs who invest in assets before the Token is announced and members who recommend new users for Across Protocol;

10% will be distributed to early users who use the bridge assets of the protocol before March 11;

The proposal will be publicized in the community for 4 days, and will be voted for 3 days. If there are more than 100 votes in favor of the proposal, it will be deemed to be passed if it meets the condition of more votes in favor than against votes.

GameFi and NFTs

Metaverse team FWENCLUB said Stephen Chow participated in its AMA as a guest on March 19

According to official news, Metaverse team FWENCLUB announced that it will hold an AMA at 2pm HKT on March 19, with Stephen Chow as the guest.

According to the official website, FWENCLUB calls itself an extension of the AllRightsReserved creative brand, and in February 2022, it launched the NFT of People In The Place They Love created by artist Yusuke Hanai. In addition, MOAR, a metaverse project in collaboration with Spanish cartoonist and illustrator Joan Cornellà Vázquez, will issue NFT in April 2022, with an initial launch in May.

Dapper Labs and Flow Foundation will invest more than $10 million to support ecosystem builders

Chwy, head of ecology of Dapper Labs, posted that Dapper Labs has partnered with Flow Foundation to invest at least US$10 million in the next 3 months to support existing success stories and new builds that make cool things for Top Shot NFT owners By.

Before Meebits was acquired by Yuga Labs, the price had skyrocketed and it was questioned about insider trading

In the days before Yuga Labs’ acquisition of Meebits from Larva Labs sparked a price surge on March 11, a dozen addresses on the ethereum blockchain bought large amounts of NFTs. PeckShield data shows that between March 5 and March 11, 14 Ethereum addresses (with no previous history of purchasing mainstream NFT collections) purchased 159 Meebits, triggering accusations of insider trading. (Bloomberg)

Promotional video, CoolCat, WoW, etc.

Yuga Labs announces its new project"Otherside"Promotional video, CoolCat, WoW, etc.

Yuga Labs announced the promotional video of its new project Otherside on social media. The NFT series featured in the video include Bored Ape Yacht Club, Mutant Ape Yacht Club, CryptoPunks, Meebits, CoolCats, World of Women and Nouns.

The cross-chain DeFi protocol Prime Protocol announced the completion of a $2.75 million seed round of financing, led by Jump Capital, Arrington Capital and Framework Ventures.

Investment and Financing

CoinRoutes Closes $16M Series B Funding Led by Ayon Capital

Encrypted software-as-a-service developer CoinRoutes announced the completion of $16 million in Series B financing. This round of financing was led by Ayon Capital, Susquehanna International, Cboe Global Markets, AscendEX, Celsius, CMT Digital, Genesis Global Trading, Galaxy Digital, Arca, Mirana Ventures , GSR Markets and others participated in the investment. Rahul Pagidipati, CIO of Ayon Capital, co-CEO of Zebpay and board member of Brave Browser, will join the CoinRoutes board. (Finextra)

ClearBank Completes $229 Million Funding Led by Apex Digital

ClearBank, a clearing bank, announced the completion of US$230 million in financing, led by Apax Partners, with participation from CFFI UK Ventures and PPF Financial Holdings BV.

It is reported that ClearBank is a cloud-based clearing bank that currently provides services to more than 200 companies or institutions including Coinbase, Gemini, Tide, and Oaknorth Bank. (The block)

Accounting software startup Coinbooks completes $3.2 million in financing, Multicoin Capital and others participate

Coinbooks, an accounting software start-up company, completed a financing of US$3.2 million. Y Combinator, Multicoin Capital, Lattice Capital, Polygon Founder, Seed Club Ventures, Orange DAO, etc. participated in the investment. Coinbooks aims to change the way DAOs and crypto companies currently perform accounting. By integrating with crypto wallets and existing accounting software, it is convenient for crypto companies to manage encrypted and non-encrypted transactions. (The Block)

Web 3 game development platform Joyride completes $14 million in financing, Animoca Brands, Solana Ventures, Dapper Labs, etc. participated in the investment

Joyride, a Web 3 game development platform, completed $14 million in financing, with participation from Coinbase Ventures, Animoca Brands, Solana Ventures, Dapper Labs, BITKRAFT Ventures, SuperLayer, Modern Times Group, and Mirana Ventures. The financing was used to add more supported blockchains to the wallet, new NFT functionality and integration with the marketplace, and to help launch the first completed games based on the Joyride platform.

It is reported that Joyride has optimized the ecology of the game development engine Unity, allowing developers to build and publish blockchain-based e-sports, casual and social games on mobile devices. The blockchain functions provided by Joyride include multi-chain support for player token wallets, minting and management of NFT game assets, and token economic support. (CoinDesk)

The cross-chain DeFi protocol Prime Protocol completed a seed round of financing of 2.75 million US dollars, led by Jump Capital and others

The cross-chain DeFi protocol Prime Protocol announced the completion of a $2.75 million seed round of financing, led by Jump Capital, Arrington Capital and Framework Ventures.

Prime Protocol mints the stablecoin PUSD through collateral, and generates a total credit line for the mortgage assets on different chains of the same user, and realizes cross-chain asset lending at the same time.

Cricket NFT platform FanCraze plans to raise about $100 million in Series A funding

The London-based company is creating an interactive entertainment platform for the Metaverse and wants to make it accessible to everyone. Oorbit is scheduled to be released by the end of 2022, and the infrastructure has already been developed. The Oorbit platform is designed to allow players to experience high-quality games, events, interactive media, marketplaces and more from content partners. (Venture Beat)

Chain game platform C2X completes private equity financing of US$25 million at a valuation of US$500 million, led by FTX Ventures and Animoca Brands

MetaMagnet Ltd., the operator of the general-purpose blockchain game platform C2X based on the Terra blockchain, completed a private equity financing of US$25 million at a valuation of US$500 million, led by FTX Ventures, Jump Crypto and Animoca Brands, Hashed, Terra, Transcend Fund , Galaxy Interactive, Skybound, Blockchain Coinvestors, DeFiance Capital, Play Ventures, Crypto.com, Infinity Ventures Crypto, Unanimous Capital, Bowei, Xsolla, Huobi Ventures, Goal Ventures, Concept Art House, and Agnitio Capital participated. (PR News Wire)

Metaverse platform Oorbit completes USD 5 million in financing, Mark Cuban and others participate in the investment

Metaverse platform Oorbit has recently completed a financing of US$5 million. Mark Cuban, owner of the NBA Dallas Mavericks, Pixelynx, a company founded by well-known DJ Deadmau5, HOF Capital, LD Capital, etc. participated in the investment.

global policy

Central Bank of Russia: Strengthen monitoring of P2P transactions including cryptocurrencies"The Central Bank of Russia (CBR) has advised the countrys commercial banks to strengthen monitoring of cryptocurrency and regulators operations. The proposal referred to scrutiny of cryptocurrency transactions. CBRC Vice Chairman Yuri Isaev mentioned this in a letter sent to other banking organizations asking them to start checking"abnormal

Transactional activity, which also includes any spending patterns outside the norm.

At the beginning of the Russo-Ukrainian war, special measures were approved as part of economic sanctions, which will control the outflow of foreign exchange. Government authorization is required for Russian citizens to purchase real estate purchases, securities, and other assets from other countries or jurisdictions. Additionally, Russia made sure to limit foreign exchange transactions to $5,000 and imposed a $10,000 cash cap on those traveling abroad.

Ten million Russian citizens hold around 5 trillion rubles in cryptocurrency, equivalent to $63 billion worth of cryptocurrency. Russian users cannot use their Visa and MasterCard and the Russian government has imposed severe restrictions. This has led Russian citizens to rely on cryptocurrencies as their only option for transferring funds. People in Russia will have to provide certain documents to the bank, including a statement of the legality of the transaction or business.

Ukrainian Crypto Exchange Founder Accuses Binance of Collaborating with Russian Government

Michael Chobanian, founder of Ukrainian cryptocurrency exchange KUNA, said that despite global sanctions, the Binance cryptocurrency exchange is still cooperating with the Russian government and has been cooperating for some time. Chobanian also stated that Binance has yet to deliver on its promised $10 million donation. Binance spokeswoman Jessica Jung stated that we prefer not to comment on false allegations. Our focus is on helping people. She also announced a $10 million donation from Binance and launched a crowdfunding site called the Ukraine Emergency Relief Fund. (Coindesk)

The new Presidential Transition Committee of the Yin Xiyue government is considering delaying the implementation date of the new encryption income tax law from 2023 to early 2024. The new version of the Income Tax Act of the South Korean National Assembly at the end of 2020 plans to levy a 22% capital gains tax on investors who earn more than 2.5 million won from cryptocurrency investment per year, and then postpone it to January 1, 2023. (Korea Daily)

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US Congressman: Bitcoin Aligns With American Values, Will Strengthen Dollar

U.S. Congressman Pete Sessions said that Bitcoin is consistent with American values and will strengthen the dollar. The lawmaker further noted that cryptocurrencies are emerging as a more resilient alternative to hedge against fiat currency inflation. Sessions represents Texas 17th Congressional District and served 11 terms in the U.S. House of Representatives. Earlier this week, Sessions also tweeted that Bitcoin is a hedge against inflation. Inflation is a tax on every American and highlighted that the CPI rose 7.9% through February, the fastest annual inflation rate in 40 years.

Sessions added that bitcoin is trending towards becoming a more resilient alternative to hedge against fiat currency inflation. Multiple Twitter users responded to the lawmaker, expressing a wide range of opinions. Some agree with him that BTC aligns with American values, but disagree that the cryptocurrency will strengthen the dollar. (Bitcoin.com)

Kynikos Associates founder Jim Chanos: is shorting Coinbase

Kynikos Associates founder Jim Chanos said in an interview with CNBC that he is shorting cryptocurrency exchange Coinbase, calling it a bubble stock. Chanos expects fees to compress as competition among cryptocurrency exchanges intensifies, and doesnt think Coinbase will be profitable this year. Chanos said that we basically think that Coinbase has over-earned, and their revenue base is probably their custody assets, which is 3% to 4% of customer assets. The CNBC report did not mention the size of Chanos short position. Coinbase shares fell about 1.8 percent in after-hours trading on Friday and are down 26 percent this year. (Coindesk)

Feds Barkin: Open to 50 basis point hike

The Feds Barkin said that if expectations start to decline, he is open to raising interest rates by 50 basis points, and the economic growth forecast for 2022 is still higher than the trend level. The Fed is expected to make a decision on shrinking its balance sheet soon. (Financial Association)

ConsenSys founder: full of confidence in the release of Ethereum 2.0 in the next few months

Ethereum co-founder and ConsenSys founder and CEO Joseph Lubin (also known as Joe Lubin) recently expressed confidence in the release of Ethereum 2.0 in the coming months at the Camp Ethereal 2022 summit. The merger would address the carbon or energy footprint of Ethereums proof-of-work, with transaction costs orders of magnitude cheaper. In addition, after the merger, the ETH burned per day will exceed the ETH issued. (Crypto News Flash)

Founder of Galaxy Digital: BTC is not suitable to be a currency