| Singapore Wants to Be Financial Blockchain Hub; Binance Considers Buying Banks (November 4)-web3资讯-ODAILY

| Singapore Wants to Be Financial Blockchain Hub; Binance Considers Buying Banks (November 4)

headlines

Odaily News Ravi Menon, managing director of the Monetary Authority of Singapore, said at the Singapore Fintech Festival that Singapore hopes to become a center for digital assets, not for trading and speculating on cryptocurrencies. Singapore has shown its acceptance of blockchain technology and has embarked on various projects such as Project Ubin and Project Guardian, which test the application of blockchain in financial services.

Industry news

Asset management firm Trovio Group launches $35 million DeFi fund

Odaily News Australian asset management company Trovio Group has launched a $35 million DeFi fund Trovio DeFi Fund, which aims to provide institutional investors with opportunities to diversify their investments through income-generating strategies in the DeFi ecosystem. By combining the asset management expertise of Trovio Group and the DeFi risk management experience of digital wealth platform Yield App, the fund will use the DeFi strategies that power Yield App.

Odaily News The decentralized stablecoin agreement Bluejay Finance plans to raise US$5 million through the sale of its governance token BLU to issue the Singapore dollar stablecoin bluSGD. The funds will also be used to provide liquidity for bluSGD on Uniswap.

Project News

The public chain Sui launched 3 new payment transaction types, namely Pay, PaySui and PayAllSui

Odaily news public chain Sui issued a document stating that three new payment transaction types Pay, PaySui and PayAllSui have been released as part of todays Sui 0.14.0, replacing TransferSui, SplitCoin and MergeCoin. Currently three older methods are still valid for the time being, Sui will notify the community in advance before removing them. According to Sui, the new payment method offers greater ease of use, greater flexibility, and can support various scenarios with less token management overhead.

ApeCoin DAO has voted to approve the bug bounty program, and the pledge system may be launched on November 24
Odaily News According to the official Twitter, ApeCoin DAO has voted to pass the proposal AIP-134 to establish a bug bounty program for the smart contract of the APE pledge system. The launch date of the APE pledge system will be postponed until after the bug bounty program ends. The author of the proposal stated that the bug bounty program will last for about 3 weeks, so the staking system may go live on November 24, and the distribution of staking rewards will begin on December 7.

In addition, ApeCoin DAOs proposal vote on Special Committee Member Nomination Procedure AIP-137 and Special Committee Member Election Procedure AIP-138 has been passed, and the ApeCoin Foundation will issue a nomination announcement tomorrow.

Token issuance platform Skyward Finance was exploited and lost about $3.2 million

Odaily News Skyward Finance, the NEAR ecological token issuance platform, was exploited and lost about 1.1 million NEAR (about 3.2 million U.S. dollars). The attacker purchased a large amount of SKYWARD tokens on Ref Finance and received NEAR tokens that were worth more than the actual value of the tokens when they were redeemed. The Skyward Finance team stated that the current treasury assets have been exhausted, but the token issuance on the platform has not been affected.

SafeDAOs proposal to open up the tradability of SAFE tokens will end voting on 11.10

Odaily News Digital asset management platform Safe (formerly Gnosis Safe) official community SafeDAO’s proposal on opening the tradability of Safe tokens SEP #2 will be opened at 20:14 Beijing time on November 3, and will be held on November 10 at 20 Beijing time :14 end.

BitGo announces the introduction of wDOGE to the Ethereum blockchain
Investment and Financing

Investment and Financing

Blockchain data terminal Token Flow completes USD 12 million in financing, Electric Capital and others participate in the investment

Blockchain data terminal Token Flow completes USD 12 million in financing, Electric Capital and others participate in the investment
Additionally, BitGo will provide hot wallets, qualified custody, and self-custodial custody for DOGE and wDOGE by the end of the month.

Blockchain Security Service Company Beosin Completes Nearly $20 Million in Series A Funding

Odaily News Beosin, a blockchain security service company, announced that it has completed a round of strategic financing of nearly 20 million US dollars. The investor is a well-known industry party, and many old shareholders followed suit. The new funds will be used for blockchain security technology research and development, ecological construction and global market layout.
Beosins core business includes smart contract security audit, blockchain project security risk monitoring, early warning and blocking, stolen virtual asset recovery, and one-stop security product + service solutions such as KYT/AML. More than 2,000 blockchain enterprise services, protecting customer assets of more than 500 billion US dollars.

Beosins core business includes smart contract security audit, blockchain project security risk monitoring, early warning and blocking, stolen virtual asset recovery, and one-stop security product + service solutions such as KYT/AML. More than 2,000 blockchain enterprise services, protecting customer assets of more than 500 billion US dollars.

Mozilla Ventures Closes $35M Funding to Back Building Decentralized Digital Power Products
It is reported that Mozilla Ventures emphasizes putting people above profits and will support the construction of decentralized digital power products, including providing support in the Web3 field.

DeFi protocol Centrifuge completes $4 million in financing, with participation from Coinbase Ventures and others

DeFi protocol Centrifuge completes $4 million in financing, with participation from Coinbase Ventures and others
According to reports, the goal of Centrifuge is to provide users with a simple and smooth way to incorporate their assets into DeFi and invest in a diversified asset-backed pool.

Web3 Startup Courtyard Completes $7 Million Seed Round Led by NEA

Web3 Startup Courtyard Completes $7 Million Seed Round Led by NEA
Odaily News The blockchain storage protocol Arweave has now been integrated into Meta, and Meta is using Arweave to store digital collections of Instagram creators.

Metaverse NFT

Arweave Now Integrates with Meta, Stores Digital Collectibles for Instagram Creators

Odaily News The blockchain storage protocol Arweave has now been integrated into Meta, and Meta is using Arweave to store digital collections of Instagram creators.

Yuga Labs announces the upcoming launch of the Metaverse NFT open standard

Odaily News Yuga Labs announced that it will soon launch the metaverse NFT open standard, so that NFT can be migrated between Otherside and other metaverses. Greg Solano, founder of BAYC, said that some standards will be launched soon, and some will be launched next year. This is an open standard that anyone can adopt and build on it, and the ultimate goal is to create an open world.

Opera launches NFT analysis tool DegenKnows

Odaily News Opera has launched a new NFT analysis tool, DegenKnows, designed to help users browse NFT projects and gain insights from social media communities.

Odaily News NFT project DigiDaigaku responded on Twitter that CEO Gabriel Leydon’s Twitter was attacked when he changed the SIM card in the United States. He has asked the attacker to delete the fraudulent tweet, and stated that he will file charges against the attacker and make a claim.

Characters Voices

CZ: Binance is considering buying banks to bridge the gap between traditional finance and the cryptocurrency world
Odaily News CZ said in an interview with Bloomberg that Binance is considering acquiring banks to bridge the gap between traditional finance and the cryptocurrency world. CZ did not disclose specific acquisition targets, and he said he was open to a minority investment or a full takeover. CZ also pointed out that investing in banks is a logical strategy for Binance because when it partners with banks, Binance usually attracts many new users, which will also increase the banks valuation.

It is reported that CZ has stated in the past that Binance has more than US$1 billion for acquisitions, and he recently provided Musk with US$500 million in financial support for the acquisition of Twitter. So far this year, Binance’s acquisition strategy has focused on areas such as DeFi and NFTs.

Fed Chair Powell: Were purposefully adjusting our policy stance

Odaily news Federal Reserve Chairman Powell: firmly committed to reducing inflation. Without price stability, the labor market cannot remain strong. We are purposefully adjusting our policy stance. The labor market is extremely tight and inflation remains well above our target.

Bloomberg: Elon Musk plans to lay off 3,700 Twitter employees to cut costs

Odaily News According to Bloomberg News citing people familiar with the matter, Elon Musk plans to lay off 3,700 Twitter employees (about half of the companys total employees) to reduce its post-acquisition operating costs, and plans to notify the laid-off employees on Friday. In addition, Elon Musk may cancel the current telecommuting policy and require employees to go to the company to work, but there may be some exceptions for employees. People familiar with the matter also revealed that Elon Musk and a team of consultants are weighing a series of layoffs and other policy changes, and the specific compensation for layoffs may change.

Governor of the Central Bank of Singapore: The Monetary Authority of Singapore will launch the Ubin+ digital currency project