● Report: Venture capital investment in crypto startups rises for the first time since Q1 2022
According to the Daily Planet, the PitchBook report shows that in the fourth quarter of 2023, the total venture capital for encryption-related companies reached 1.9 billion US dollars, an increase of 2.5% from the previous quarter. This is the first time that venture capital (VC) investment in encryption startups has increased since the first quarter of 2022.
● Y Combinator releases 20 requirements for startups, focusing on stablecoin finance
According to Wu, the well-known incubator Y Combinator has released 20 requirements for start-ups, mainly focusing on the artificial intelligence track, and the only cryptocurrency-related area is stablecoin finance.
● Report: The total market value of AI-related cryptocurrencies has exceeded $12 billion
According to Golden Finance, a recent report released by Stocklytics pointed out that the total market value of artificial intelligence (AI)-related cryptocurrencies has exceeded $12 billion. The report monitors nine AI cryptocurrencies: Bittensor (TAO), Render (RNDR), Akash Network (AKT), Fetch.ai (FET), CorgiAI (CORGIAI), SingularityNET (AGIX), Echelon Prime (PRIME), Ocean Protocol (OCEAN), OriginTrail (TRAC). Among them, the AI-related cryptocurrency with the highest market value is TAO (Bittensor), reaching $3.8 billion.
● Bloomberg: Several U.S. banking alliances urge the country's regulators to change crypto asset accounting standards
According to the Daily Planet, several U.S. industry alliances, including the Bank Policy Institute, the American Bankers Association, the Securities Industry and Financial Markets Association, and the Financial Services Forum, sent a letter to the U.S. Securities and Exchange Commission (SEC) on Wednesday, calling for adjustments to accounting guidance to avoid increasing the cost of U.S. banks holding digital assets.
● ECB pledges to introduce upgraded privacy measures for digital euro
According to the Planet Daily, the European Central Bank (ECB) has pledged to introduce upgraded privacy measures for the digital euro to ensure robust data protection and privacy standards. The proposed regulations aim to establish a single access point to verify a user's digital euro holdings, i.e., the holding limit. The ECB, in collaboration with the European Data Protection Board (EDPB) and the European Data Protection Supervisor (EDPS), has put forward recommendations for maintaining strict personal data protection. These recommendations include processing only necessary personal data, avoiding excessive concentration of such data, and introducing so-called privacy thresholds for online transactions to curb tracking for anti-money laundering purposes. The idea of the digital euro is to facilitate electronic payments for individuals online and offline, while prioritizing privacy and data protection.
● BounceBit plans to launch mainnet in April
According to PANews, Bitcoin staking chain BounceBit tweeted that it plans to launch the mainnet in April. Early access is now available on the official website, and early contributors can earn points based on TVL and recommended users. BounceBit went online on January 30 this year, and its current TVL has exceeded US$450 million. BounceBit is a middleware protocol built on the Bitcoin asset class that introduces BTC re-staking.
● Over $400 million unlocked this week from AVAX, ID, DYDX and other tokens
According to PANews, Token Unlocks data shows that this week tokens such as AVAX, ID and DYDX will see a one-time large-scale unlocking, with a total release value of over US$400 million.
