| Bridgewater Fund plans to invest in encryption funds for the first time; Three Arrows Capital newly holds 7501.83 ETH (March 23)-web3资讯-ODAILY

| Bridgewater Fund plans to invest in encryption funds for the first time; Three Arrows Capital newly holds 7501.83 ETH (March 23)

headlines

Bridgewater Associates Plans First Investing in Crypto Fund

Bridgewater plans to back an external crypto investment vehicle and has no current plans to invest directly in crypto assets, two people familiar with the matter said. Bridgewater’s investment is minuscule compared to total assets under management, and other prominent cryptocurrency investors are in talks to invest in the fund. (CoinDesk)

SEC Delays Decision on WisdomTree and One River Spot Bitcoin ETFs

The U.S. Securities and Exchange Commission on Monday delayed a decision on whether to allow WisdomTree and One River’s spot bitcoin ETF to list and trade. The SEC postponed a decision on whether to approve the listing and trading of WisdomTree’s Bitcoin Trust until May 15, and postponed a decision on whether to approve the listing and trading of One River’s carbon-neutral Bitcoin Trust until June 2. (Finance Magnates)

Three Arrows Capital increased its holdings by 7501.83 ETH today, worth 22.437 million US dollars

According to data monitoring by KingData, the address (0x4862733B5FdDFd35f35ea8CCf08F5045e57388B3) marked as Three Arrows Capital by KingDatas major address tracking continued to increase its holdings of 7501.83 ETH, worth 22.437 million US dollars, six hours ago.

Lawmakers in the US state of New York will discuss a bill proposing a moratorium on PoW mining on Tuesday
The New York State Assemblys Environmental Conservation Committee will meet on a revised version of the bill. The bill was first introduced last May. An earlier version of the bill was defeated in parliament last June. As lawmakers work to push the bill, a new study from Columbia University argues that New Yorks governor has the power to impose the moratorium. (The Block)

cryptocurrency

ETC expects to cut production by 20% on April 30

According to the latest data from Viawallet, ETC is expected to cut production on April 30, 39 days later. At that time, its block reward will be reduced from 3.2 ETC to 2.56 ETC, a reduction of 20%.

JVCEA is about to release a green list of 18 mainstream cryptocurrencies to speed up the listing process

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Fund situation

Grayscale launched a smart contract platform fund to invest in ADA, SOL, AVAX and other tokens
Cryptocurrency asset manager Grayscale is expanding its portfolio of investment funds to include non-Ethereum smart contract tokens.

The fund consists of Cardano (ADA), Solana (SOL), Avalanche (AVAX), Polkadot (DOT), Polygon (MATIC), Algorand (ALGO) and Stellar (XLM). Cardano and Solana each account for more than 24% of the fund, and Avalanche and Polkadot each account for more than 16%. About 10% of the funds were allocated to Polygon, with Algorand and Stellar each taking over 4%. (Decrypt)

community proposal

The Celo community passed a proposal to deploy Curve on the Celo blockchain

The Celo community passed a governance proposal early this morning, and Curve will be deployed on the Celo blockchain.

It is reported that through the $100 million DeFi for the People plan, the Celo Foundation will provide CELO token incentives worth $7 million to provide liquidity for Curve. The stablecoin on Celo will be listed on Curve, providing CRV holders with the opportunity to earn transaction fees. In addition, the Curve community will also provide CRV tokens as incentives.

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Project News

Clipper Announces Moonbeam Network Integration

According to official news, the decentralized trading platform Clipper announced the integration of Moonbeam Network, and users can directly trade DOT and GLMR on Clipper. Moonbeam currently supports the following tokens on Clipper: GLMR, WETH, WBTC, USDC, USDT, DAI, WMOVR.

SushiSwap Launchpad platform MISO is deployed on Moonbeam, Polygon and other networks

SushiSwap Launchpad platform MISO announced the completion of multi-chain deployment, which has been launched on Moonbeam Network, Moonriver Network, BNB Chain, Polygon, and Harmony.

Optimism: call data compression will be launched on the mainnet this Thursday

Earlier news, Optimism announced plans to deploy call data compression to reduce costs by 30% to 40%.

GameFi and NFTs

BAYC derivative NFT series Caked Apes team members have copyright disputes

The teams behind the BAYC spin-off NFT series Caked Apes are now suing each other over character design and revenue sharing. A lawsuit has been filed in Los Angeles federal court, according to reports. Taylor Whitley, who owns 11 BAYC NFTs, filed a lawsuit late last week alleging that the Caked Apes team violated digital design rights and expelled him from the project.

DappRadar data: BAYCs market value breaks through $3 billion

According to DappRadar data, the market value of Bored Ape Yacht Club (BAYC) exceeded 3 billion US dollars. At the time of writing this article, it was 3.04 billion US dollars, and the total transaction value was about 1.41 billion US dollars.

In addition, NFTGo.io data shows that the current BAYC floor price has reached 101 ETH, a 24-hour increase of 5.08%.

NFT project NeoNexus founder Jack Shi announced his withdrawal and hopes to hand over the project to the community

Metaverse game studio Block Tackle completed a $5 million seed round of financing, led by Play Ventures and Cadenza Ventures, with participation from Animoca Brands, Coinbase Ventures, and Solana Ventures.

Investment and Financing

Chain game studio LifeForce Games completes $5 million in seed round financing led by Lemniscap

Blockchain game development studio LifeForce Games announced the completion of a $5 million seed round of financing, led by Lemniscap, with participation from CMT Digital, Sfermion, Hartmann Capital, Sterling VC, Ready Player DAO and Neon DAO. Most of the funding was used to build and launch LifeForces first P2E game. (Crypto Ninjas)

Encryption investment platform NeoFi completes strategic financing of US$2.1 million, with participation from Digital Strategies and others

Encrypted investment platform NeoFi completed a strategic financing of US$2.1 million, with participation from Digital Strategies, BlueZilla, Ghaf Capital Partners, GDA Capital, Banter Capital, Magnus Capital, Maven Capital, Contango Digital Assets, and Heslin Kim. (Cointelegraph)

NFT price evaluation protocol Upshot completes $22 million in financing, led by Polychain Capital

Upshot, an NFT price evaluation protocol, has completed a US$22 million A2 round of financing, led by Polychain Capital. Other specific financing information has not yet been disclosed. Funds from this round of financing will be used to develop pricing models, build teams, and fund new DeFi primitives and related development tools.
It is reported that Upshot’s previous investors include Framework Ventures, CoinFund, Blockchain Capital, Slow Ventures, Mechanism Capital, Delphi Digital, etc. (CoinDesk)

Horse Racing Game MetaDerby Closes $2.5M Funding Led by Ava Labs and Old Fashion Research

According to official news, MetaDerby, a P2E game based on Avalanche, completed a $2.5 million seed round of financing, led by Ava Labs and Old Fashion Research, Avalaunch, AventuresDAO, Shima Capital, LD Capital, Keychain Capital, Magnus Capital, Hailstone Ventures, IndiGG, Coins .ph, Dux, MVM DAO, etc. participated in the investment.

Metaverse Game Studio Block Tackle Closes $5M Funding Led by Play Ventures and Cadenza Ventures

global policy

Indias crypto tax will come into effect on April 1, and it will not allow different cryptocurrencies to offset each others profits and losses

The Indian government said its upcoming virtual digital asset tax law will not allow gains in one cryptocurrency to offset losses in another, a move that could have a detrimental effect on cryptocurrency adoption in the country.

The Indian government plans to impose a 30% tax on the profits generated by each token, rather than making investors use these profits to offset losses generated by other tokens. It is reported that India’s crypto tax law will come into effect on April 1. (Forkast)

The regulator of Abu Dhabi Global Market (ADGM) released guidance on NFTs in a consultation paper on Monday, seeking to incorporate digital assets into its regulatory ecosystem. ADGM’s Financial Services Regulatory Authority (FSRA) is currently “not proposing to establish a formal regulatory framework for NFTs,” according to the document. According to the draft proposal, companies licensed and regulated by ADGM for services such as trading and custody will also be able to provide these services for NFTs, according to Simon OBrien, executive director of markets at FSRA. They may establish a new non-regulated entity within ADGM to outsource regulated activities such as custody and client onboarding to licensed firms. (CoinDesk)

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U.S. Senator Cynthia Lummis Believes Bitcoin Mining Will Boost U.S. Energy Industry

In a tweet today, Pete Sessions, member of the U.S. House of Representatives, stated that Bitcoin mining will play a key role in rebuilding energy independence in the United States.

His claim was immediately supported by Senator Cynthia Lummis, who has been a Bitcoin supporter within Congress. (Coin Gape)

Grayscale CEO: Launching a Spot Bitcoin ETF is the Companys Top Priority

Grayscale CEO Michael Sonnenshein made it clear that access to a spot bitcoin exchange-traded fund is currently the firm’s “number one” priority. The SEC has created an unfair playing field and forced investors into futures-based ETFs because it is the only product in existence today.