headlines
NodeMonkes market value surpasses BAYC and rises to second place
Odaily News CoinGecko data shows that the market value of NodeMonkes surpassed BAYC and rose to second place. The current unit price of NodeMonkes is 0.71 BTC, with an increase of 8% in 24 H.
Odaily News As of now, based on the seven-day simple moving average (SMA) data on Luxors hashrateindex.com, Bitcoins overall computing power remains at a stable level of 596 EH/s and reached 628 EH/s on March 12, 2024. All-time highs in s. A recent analysis by the site explored the possibility of a possible recovery among private mining operators. The report states: “With the recent rebound in hash price, even older mining rigs like the M21S can once again make some marginal gross profits at an energy price of $0.07/kWh. Therefore, in the Bitcoin reduction Over the past few months and a half, more private mining companies are likely to plug in their mining rigs again to squeeze more value out of older, idle rigs while they still have the capacity.”
However, the analysis further states that as the halving approaches, obsolete ASIC Bitcoin mining machines are expected to be retired, although this situation depends on whether the price of computing power increases significantly. If this happens, older generation miners may continue to survive. The report concludes that if it is assumed that most of the hashrate growth since October 2023 comes from older mining machines, then Bitcoin’s hashrate is expected to correct to a low level of 500 EH/s after the halving, compared to the current A reduction of about 100 EH/s. (Bitcoin.com)
Industry news
Odaily News According to Ember Monitoring, the giant whale, which suffered a loss of US$1.47 million in ETH in the repeated band in the past week, once again purchased ETH worth US$10.17 million, with an average price of 3371 USDT.
Tokens such as OP, PRIME and YGG will be unlocked this week
Odaily News Token Unlocks data shows that tokens such as OP, PRIME and YGG will be unlocked in a one-time amount this week, with a total released value of more than 130 million US dollars, including:
Optimism (OP) will unlock 24.16 million tokens at 12:00 on March 29, worth approximately $84.32 million, accounting for 2.4% of the circulating supply;
Echelon Prime (PRIME) will unlock 1.66 million tokens at 8:00 on March 31, worth approximately $37.53 million, accounting for 4.65% of the circulating supply;
Yield Guild Games (YGG) will unlock 16.69 million tokens at 22:00 on March 27, worth approximately US$16.89 million, accounting for 5.39% of the circulating supply;
SingularityNET (AGIX) will unlock 8.84 million tokens at 8:00 on March 28, worth approximately $9.26 million, accounting for 0.69% of the circulating supply;
Sui (SUI) will unlock 4 million tokens at 8:00 on March 31st, worth approximately $6.68 million, accounting for 0.32% of the circulating supply.
Email phishing scam targeting BlockFi, FTX creditors last week stole at least $5 million
Odaily News Last week, a scam targeting creditors of bankrupt crypto companies such as BlockFi and FTX resulted in the theft of at least $5 million worth of cryptocurrencies and NFTs.
Security expert Plumferno said it was possible that hackers obtained the list of email addresses from data stolen from the original email service Mailer Lite, which was hacked in January. Most of the assets were stolen from dormant wallets from people who may have been affected by the BlockFi bankruptcy and have not touched the funds since, and some of these victims may not have known they were stolen.
Blockchain data shows that nearly $4.5 million in Ethereum has flowed into hacker wallets since March 17. In addition, the wallet appears to have stolen and sold some high-value NFTs, including MAYC, Otherdeeds, and more. (The Block)
Project News
Whales Market opens PUMP token Pre-Market trading
Odaily News Whales Market announced on the X platform that it has opened PUMP token Pre-Market trading. Previous news, on March 22, BakerySwap announced that the pre-sale of the Meme project Big Pump (PUMP) has ended, with a total of more than 280 million US dollars raised, including 363,000 BNB (approximately 210 million US dollars), 9 million CAKE, 24 million BAKE, 73 billion IQ 50, 1.5 billion CAT, refunds will be made within 48 hours.
Polyhedra Network: Will launch a $15 million ZK airdrop event
Odaily News Polyhedra Network posted on the X platform that it will launch a $15 million ZK token airdrop.
Bitcoin L2 project BOB Lianchuang: BOB mainnet will be online within a month
Odaily News Polkadot ecological cross-chain interoperability network Interlay and Bitcoin L2 project BOB co-founder Alexei Zamyatin posted on the time.
The GM white paper will be released next week and pre-trading will begin on the Whales Market
Odaily News Whales Market founder dexter said on the X platform that GM’s white paper will be released next week, and Whales Market will also open GM’s pre-market next week.
According to previous news, the AI project gm.ai launched by Whales Market founder dexter has opened pre-sale result query on the Dune platform. Users can now check whether the pre-sale commitment is successful or whether a refund has been issued.
Pandora: Ghozali 404 airdrop snapshot completed
Odaily News Pandora issued a statement on the Holders, any user holding at least one full Pandora will receive an airdrop.
Yesterday, Pandora posted on the X platform that the Ghozali 404 launched by Ghozali was sold out within 4 minutes. The snapshot for Pandora holders is about to take place, and 5% of Ghozali 404 will be airdropped to all Pandora holders. Officials will share more details once the snapshot is completed.
Odaily News BOME founder Darkfarms posted on the X platform that 2,543 SOL will be transferred to a new address and then sent to 415 more wallets as tip refunds.
Odaily News Japanese IoT platform developer Jasmy released its 2024 roadmap. The key points are as follows:
Data valuation:
-Internet of Things device collaboration:
Q1: Establish strategic alliances with IoT device companies;
Q1-Q3: Cooperate with the above companies to develop new functions;
Q3-Q4: The tangible benefits of leveraging IoT data will be demonstrated.
-AI customization:
Q1-Q2: Personal Data Locker will add new AI functions to enhance its adaptability to user preferences;
Q1-Q3: Jasmy will enhance the functionality of its blockchain PC by integrating AI.
JASMY Token Economics:
-Jasmy wallet deployment:
Q1: The points system will be released on Jasmy L1 and will be integrated into the Jasmy ecosystem. QR transfers are available between KYC users and it will operate in partnership with stablecoins. This points system will be the first to run when stablecoins are licensed;
Q2: Expand cooperation within the exchange ecosystem and promote seamless token exchange;
Q2-Q3: Use tokens to activate functions within the wallet.
-locking:
Q1: Introduce a locking function linked to the exchange to enhance ecological stability;
Q2: Approximately 100 million JASMY tokens will be locked in Q2/April.
Carbon Credit Exchange:
-Developing Jasmy Carbon Credit Exchange (temporarily):
Q1: Establish basic exchange functions;
Q2: Implement credit offset mechanism through token destruction.
-Compliance:
Q3-Q4: Apply for the voluntary market with the same standards;
Q4: Obtain J-level credit certification.
-start up:
Q4: Launch testnet and promote restricted trading activities.
-Product cooperation:
Q3-Q4: Credit link cooperation through blockchain PC. (BSC News)
The dYdX community voted to approve the signal proposal to stake 20 million DYDX on Stride
According to official news from Odaily, the dYdX community has voted to pass a signal proposal to pledge 20 million DYDX in the liquidity staking protocol Stride. Next, a second proposal will be submitted to transfer 20 million DYDX to an inter-chain account owned by the community.
Additionally, a software upgrade proposal is underway on Stride to introduce a community pool fee rebate feature. This feature will allow the dYdX Chain community treasury to receive a 2.5% staking reward (issued in the form of USDC).
Character*Voice
Su Zhu: VC’s abandonment of friend.tech allocation heralds paradigm shift to better token economics
Odaily News Su Zhu posted on the Conversion. The Equity layer can extract transaction fees, while tokens are not encumbered by vesting schedules and bearish unlocks.”
According to previous news, friend.tech posted on the X platform that it planned to issue points from venture capital institutions such as Paradigm to users.
Odaily News According to Wu Shuo Blockchain, Azuki founder Zagabond recently attended the Azuki Shanghai event. He said that he is Chinese and was born in Harbin. This is his first return to China in more than five years since the epidemic, and he hopes to Better connect Eastern and Western communities.
According to Blur market data, the floor price of Azuki is currently at 4.26 ETH, an increase of 13.89% in the 7th day.
Former British hotel employee Jian Wen found guilty of laundering $2.5 billion in Bitcoin
Odaily News After a five-year investigation at Londons Southwark Crown Court, it was discovered that former hotel worker Jian Wen was involved in a Bitcoin money laundering operation worth $2.5 billion, involving the review of 48 electronic devices and thousands of digital files. He has now been Convicted of money laundering.
It is reported that Wens change in lifestyle attracted the attention of the authorities. In 2017, she moved from living in a flat above a Chinese restaurant in Leeds to renting a six-bedroom house in north London for about $21,420 a month. That same year, she attempted to buy a series of expensive houses in London but was stymied in passing money laundering checks, despite claiming to have made millions from Bitcoin mining.
British police said this was the largest case of its kind in the UK. Wen will be sentenced on May 10. (Cointelegraph)
It was previously reported in January that British law enforcement agencies had confiscated Bitcoin worth US$1.7 billion (based on the price at the time) after a former hotel employee Jian Wen tried to use the Bitcoin to buy a mansion worth approximately US$30 million in London. Explaining the origin of the crypto asset, the purchase was not successful. It is reported that Jian Wen became a British citizen in 2018 and was allegedly recruited to assist Zhimin Qian in money laundering. He was accused of converting Bitcoin into cash, luxury goods and real estate on behalf of Zhimin Qian.
