headlines
El Salvador Looks to Binance for Bitcoin Adoption Support
El Salvadors ambassador to the United States, Milena Mayorga, said on Wednesday that the country is seeking the support of cryptocurrency trading platform Binance to perfect bitcoin as legal tender and issue bitcoin bonds.
The Time magazine NFT with V God as the cover has been launched on Ethereum and has been listed on OpenSea
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Project News
Coinbase will list MINA and currently supports MINA deposits
Juno Network will upgrade Lupercalia, and the governance module will implement instantiation and smart contract calls
Juno Network, the Cosmos ecological smart contract platform chain, announced that it will upgrade Lupercalia. The content of this upgrade includes: performance improvement, instantiation of governance modules, and implementation of smart contract calls. Juno said the network upgrade will take place over the next two weeks.
The total lock-up volume of LayerZeros cross-chain bridge Stargate Finance exceeded 2 billion US dollars
community proposal
community proposal
The a16z proposal suggests an innovative MKR (MakerDAO) token economics model, including the creation of new utility functions for MKR, etc.
The a16z team released a proposal on the MakerDAO Governance Forum, and proposed to innovate the token economics model of MKR, including three suggestions:
First, create new utility functions for MKR tokens, such as implementing MKR-friendly incentives for certain auctions in MakerDAO;
Third, increase the system surplus buffer, beginning to align it with treasury-specific expected losses related to credit and liquidation risk, as MakerDAO’s primary insurance pool.
a16z also stated that it will abstain from participating in voting related to the proposal to ensure that no party has undue influence or any potential conflict of interest in the governance process.
ApeCoin initiated 5 proposals related to DAO governance in SnapShot, which are ApeCoin DAO governance draft, voting plan, first-year budget, pledge and pledge pool reward distribution. Holders of APE tokens can vote on proposals. One APE represents one vote. Voting will end at 9:00 on March 31, Beijing time. Proposals that pass the vote will enter the implementation stage, and proposals that fail will have the opportunity to be resubmitted.
GameFi and NFTs
GameFi and NFTs10Anonymous buyer spends 235 ETH to buy on Gem platformMpieces
AYC series NFT
NFT collector dingaling bought Azuki NFT with a total value of about 100 ETH
According to Etherscan data, NFT collector dingaling bought Azuki NFT with a total value of about 100 ETH through the NFT aggregation trading platform Gem. A total of 7 Azuki NFTs were sold, of which 6 were sold on LooksRare and 1 was sold on OpenSea.
Decentralized creator platform Joystream completes financing of US$5.85 million at a valuation of US$60 million, led by D1 Ventures and others
Investment and Financing
Joystream, a decentralized creator platform, completed a financing of US$5.85 million at a valuation of US$60 million, led by Digital Currency Group (DCG), Hypersphere, Defi Alliance, and D1 Ventures.
Additionally, Joystream is preparing to launch a mainnet in the second or third quarter of this year that will allow for a custom DAO, an NFT marketplace for creator videos, and a platform for creators to monetize their videos using their own tokens. Currently on the testnet, there are 3,434 members, and creators have been paid $132,301 so far. (CoinDesk)
According to official news, the metaverse algorithmic stablecoin project TeaDAO announced the completion of a $4.6 million seed round of financing. Investors include Shima Capital, Signum Capital, UOB Venture Management, LD Capital, PNYX, HyperChain, MXC, Spark Digital Capital, Mapleblock, Momentum 6 , DFG, JSquare, AU21 Capital, X21, Fomocraft, Basics Capital, Parsiq, Newave Capital, CoinW Venture, NFV Venture, 7 OClock Capital, ZBS Capital, AVStar, HG Ventures, Satoshi and Token Hunter etc.
According to official news, the metaverse algorithmic stablecoin project TeaDAO announced the completion of a $4.6 million seed round of financing. Investors include Shima Capital, Signum Capital, UOB Venture Management, LD Capital, PNYX, HyperChain, MXC, Spark Digital Capital, Mapleblock, Momentum 6 , DFG, JSquare, AU21 Capital, X21, Fomocraft, Basics Capital, Parsiq, Newave Capital, CoinW Venture, NFV Venture, 7 OClock Capital, ZBS Capital, AVStar, HG Ventures, Satoshi and Token Hunter etc.
Cosmos smart contract platform developer Phi Labs completed a $21 million seed round of financing led by CoinFund and Hashed, with participation from 1confirmation, IDEO CoLab, Figment, Blockchain Capital, Wintermute, Chorus One, stake.fish, Lemniscap, Cosmostation, and Hypersphere Ventures . The new financing will be used for staff expansion, product development, and building out the Archway protocol. The team currently has about 20 full-time employees, with plans to reach more than 50 by the end of the year. (Blockworks)
global policy
New proposals to be submitted by various financial associations in South Korea support loosening regulations on virtual assets
The website of the Central Commission for Discipline Inspection and the State Supervision Commission: Focus on corruption and other issues behind virtual currency mining
Honduras denies Bitcoin will become legal tender in the country
EU to Trial Blockchain-Based Trading of Stocks, Bonds and Funds
Malaysias deputy finance minister has refuted recent speculation that bitcoin and other digital assets may be legalized in Malaysia. Instead, the country will focus on issuing a central bank digital currency, Mohd Shahar Abdullah said. (Bloomberg)
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BlackRock: Russia-Uzbekistan conflict may accelerate digital currency becoming an international settlement tool
El Salvadors President Confirms Bitcoin Volcano Bond Will Be Issued via Bitfinex
Bloomberg analyst: Spot Bitcoin ETF is expected to be approved in 2023