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Binance spokesperson: An investigation has been launched into employees who may have violated internal policies
According to reports, a recent survey by CNBC revealed that Binance employees have allegedly been helping Chinese customers bypass the KYC control of the exchange. In response, a spokesperson for Binance stated in an interview that it is explicitly prohibited for employees to support users in circumventing any laws or policies. The company is taking action against recent allegations. We have investigated employees who may violate our internal policies, including mistakenly soliciting or making suggestions that are not allowed or do not meet our standards. A spokesperson said that Binance…
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Coinbase will visit the UK to meet with policy makers, regulators, and the media
On March 24th, Coinbase announced on its social platform that its leadership team would visit the UK in a few weeks and meet with policymakers, regulators, and the media. The theme of the meeting may involve the EU’s comprehensive encryption regulatory framework, MiCA. Interpretation of this information: Coinbase, one of the largest cryptocurrency exchanges in the world, has announced that its leadership team will be visiting the UK in the coming weeks to meet with policymakers, regulators, and the media. The theme of the meeting is likely to revolve around…
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Raisin, a financial technology investment company, completed a € 60 million E-round financing
On March 24th, the German financial technology investment company Raisin announced the completion of the 60 million euro E round financing, with the participation of private equity fund Catalyst. Interpretation of this information: German financial technology firm, Raisin announced on March 24th the completion of the E round financing. The round received 60 million Euro with participation from private equity fund Catalyst. Raisin is an online platform that allows customers to access better savings rates from banks across Europe, which is backed by Peter Thiel’s venture capital firm and the…
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Insider: OpenAI Lianchuang does not hold any equity in OpenAI
According to reports, according to people familiar with the matter, Sam Altman, the co-founder and CEO of OpenAI, did not hold a stake in the company when he added a for-profit OpenAI LP entity in 2019. By the standards of Silicon Valley founders, Altman’s decision was an unusual one. Altman believes that the company needs to become a company to continue its business, but he tells people that the project is not aimed at making money. Avoiding any ownership interests will help him align with his original mission. Interpretation of…
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Coin security: The platform withdrawal function has been restored
According to reports, the cryptocurrency exchange, Coin On, announced that the withdrawal function of the platform had been restored. Interpretation of this information: The recent announcement that the cryptocurrency exchange, Coin On, has restored its withdrawal function is a welcomed development for users of the platform. The restoration of the function ensures that users can now withdraw their digital assets with ease. This development comes after Coin On suffered a setback, which led to the temporary suspension of its withdrawal function. However, the exchange has now recovered and has resumed…
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Yuga Labs: 2nd Trip opens this weekend, and each visitor’s wallet will generate a unique 16-digit password
According to reports, Yuga Labs revealed on its blog that the second trip to the other shore, the 2nd Trip, is scheduled to start at 12:00 noon EST on Saturday, March 25. The queue for entering the Otherside will open at 11:30 AM EST. Voyagers entering 2nd Trip need to obtain a visitor password in the morning of March 25, EST. The visitor password will be generated on March 24, 2023 at 11:30 AM EST/3:30 PM UTC. Yuga Labs will generate a unique 16 digit visitor password for each wallet…
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Montenegro charges cryptocurrency fugitive Do Kwon with forgery
It is reported that Do Kwon, founder of Terraform Labs, is charged with forgery in Montenegro and will appear in court for extradition proceedings later Friday. After the collapse of the stable currency terraUSD, which caused a shock wave in the encryption market last year, the South Korean national has been on the run. Interpretation of this information: The news of Do Kwon’s legal troubles is another blow to the cryptocurrency market. As the founder of Terraform Labs, Kwon was responsible for creating the stable currency terraUSD, which failed spectacularly…
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Digital fashion studio XLABEL will launch Mount Taishan theme NFT
It is reported that XLABEL, a digital fashion studio, signed a license agreement with Edgar Rice Burroughs, the original creator of Mount Taishan Ape, to release Tarzan: Lord of the Apes, the main NFT series of Mount Taishan Ape. The NFT series will be available on X2Y2 for white list users on March 28 and will be publicly available on March 30. Interpretation of this information: The digital fashion studio, XLABEL, has recently signed a license agreement with Edgar Rice Burroughs, the original creator of Mount Taishan Ape, to release…
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Human Rights Foundation CSO: Despite being hit by the US government, BTC will become stronger
On March 24th, Alex Gladstein, Chief Strategic Officer (CSO) of the Human Rights Foundation (HRF), believed that despite the “attack” by the US government, Bitcoin would still become more powerful than ever. “We need to be prepared for the US government’s attempt to inflict a devastating blow on the entire cryptocurrency industry, which may come soon.”. Although bearish in the short term, Bitcoin will eventually become more powerful. Interpretation of this information: The message conveyed by Alex Gladstein, the Chief Strategic Officer of the Human Rights Foundation (HRF), is that…
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Four companies including YGG and Magic Eden established Web3 Games Collective to support the development of chain games
It is reported that YieldGuild Games (YGG), Game7, Magic Eden, and Fenix Games have established the Web3 Games Collective to promote the development of chain games and provide support in investment, development, and ecological cooperation. Interpretation of this information: The recent news has come up that YieldGuild Games (YGG), Game7, Magic Eden, and Fenix Games have announced the creation of Web3 Games Collective to accelerate the development of blockchain games. The main purpose of this collective is to provide support and investment for the development of these games and to…
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Universal Pictures will launch games and raffle events on Aptos to promote the film “Rainfield”
It is reported that Universal Pictures will launch games and raffle events on Aptos to promote the vampire film “Rainfield” starring Nicolas Cage. Users can obtain digital collections as well as physical collections and prizes through games or lottery activities. Interpretation of this information: Universal Pictures is a notable player in the movie industry that has been producing films for over a century. With many successful movie franchises such as Jurassic Park, Fast and Furious, and Despicable Me, it is no wonder the studio has decided to launch a promotion…
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Silvergate Capital shares rose 51%
According to reports, the stock price of Silvergate Capital rose 51%. Interpretation of this information: The recent reports indicate that there has been a significant increase in the stock price of Silvergate Capital, which shows a growth rate of 51%. This news is likely to attract the attention of investors, traders and market analysts who are curious about the factors that have contributed to this development. It’s a clear indication that Silvergate Capital is on the rise, and is likely to continue to attract a lot of attention. This growth…
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The daily transaction cost of casting the Ordinals inscription reached a record high of 9.28 BTC
On March 24th, according to data from Dune Analytics, the daily transaction cost of casting the Bitcoin Ordinals inscription reached a record high of 9.28 BTC on Thursday, approximately $257460. This is mainly due to the influence of Bitcoin Apes, which is a non official replica of BAYC on the BTC blockchain. (bitcoinworld) Interpretation of this information: The message essentially reports on the surge in the daily transaction cost of casting the Bitcoin Ordinals inscription, which reached a historic high of 9.28 BTC on March 24th, 2022. This amount translates…
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MetaMask added EIP-4361
MetaMask has reportedly added compatibility with EIP-4361 or “Sign in using Ethereum,” which allows people to securely use their encrypted wallets to authenticate network services. It aims to provide a more standardized way for Ethereum account holders to verify their identity on offline services. The wallet project collaborated with digital identity and data provider Spruce on this integration. With the implementation of EIP-4361, users of wallet projects such as MetaMask can sign a standard message format to log on to the website. Interpretation of this information: MetaMask, a popular Ethereum…
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Trump’s NFT floor price has risen to 0.59 ETH due to rumors of lawsuits, almost doubling in the past 24 hours
According to reports, due to the possible prosecution and arrest of former US President and current Republican presidential candidate Trump, the floor price of the NFT series Trump Digital Trading Cards suddenly rose to 0.59 ETH, almost doubling from 0.33 ETH last week. According to OpenSea data on the NFT market, the trading volume of the NFT series has also increased, with 735 NFTs sold in the past 24 hours and a trading volume of about 401 ETH. According to Fox News and the New York Times, Trump may be…
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OKX Web3 wallet has been launched with support for ZkSync Era
On March 24th, according to the official news of OKX, OKX Web3 Wallet has launched its first support for the ZkSync Era (zkSync 2.0) network. It is the first supported multi-chain wallet that allows users to automatically display ZkSync Era network assets without manual configuration when using OKX Web3 wallets. Interpretation of this information: The recent announcement from OKX highlights the launch of its Web3 wallet support for ZkSync Era network. This is a major development for OKX users who can now easily access ZkSync network assets without needing any…
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Viewpoint: Due to the lack of US dollar payment channels, the crypto liquidity situation may worsen.
On March 24th, Kaiko Research, a data provider in the encryption market, believed that the encryption market had experienced quite a few liquidity events this month. They believe that although the data show that the liquidity of cryptocurrencies has rebounded to the level of early March, in the long run, the situation may become worse. Interpretation of this information: Kaiko Research, a data provider in the encryption market, has observed that the encryption market has been experiencing numerous liquidity events this month. Although the data shows that the liquidity of…
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Binance will resume trading at 22:00 on the 24th
On March 24th, according to the official announcement, Binance will resume trading at 22:00 on March 24th. Users can now perform operations such as canceling orders, recharging, C2C transactions, pledging and borrowing currency, redeeming Binance wealth management products, and transferring assets (sub accounts, leveraged accounts, contract accounts, and legal currency accounts). Interpretation of this information: The message states that Binance, a popular cryptocurrency exchange platform, will be resuming its trading activities on the 24th of March at 22:00 as per the official announcement made by the company. This news is…
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ZkSync Era expects to release Token in a year
It is reported that the initial release of ZkSync Era will not have tokens, as the network is still largely centralized. Due to the alpha phase, Matter Labs can upgrade the network code at will. In addition, the company still controls the two core components of network operation: sequencer and protector. Interpretation of this information: The message suggests that ZkSync Era is currently in its alpha phase and is still largely centralized, which is why the initial release will not have any tokens. This means that the network is not…
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Android Trojan virus Nexus may steal encrypted private keys
On March 24th, Italian cybersecurity company Cleary discovered an Android Trojan named “Nexus” that can hijack online accounts and steal funds from them, targeting 450 banks and customers of cryptocurrency services worldwide. The Trojan was discovered using Android’s “accessibility service” feature to steal private keys and balance information from cryptocurrency wallets, cookies from target websites, and dual factor authentication (2FA) for Google Authenticator applications. (csoonline) Interpretation of this information: The recent discovery of a new Android Trojan, named “Nexus,” by Italian cybersecurity firm Cleary, highlights the constant threat of cyber…
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