DeFi Data
1. Total market value of DeFi tokens: $69.722 billion
DeFi total market value Data source: coingecko
2. The transaction volume of decentralized exchanges in the past 24 hours was US$3.272 billion
The transaction volume of decentralized exchanges in the past 24 hours. Data source: coingecko
3. Assets locked in DeFi: $82.303 billion
The top ten rankings of DeFi projects with locked assets and locked-in amounts. Data source: defillama
NFT Data
1. Total NFT market value: $26.074 billion
NFT total market value, top ten projects by market value Data source: Coinmarketcap
2. 24-hour NFT trading volume: $2.163 billion
NFT total market value, top ten projects by market value Data source: Coinmarketcap
3. Top NFTs in 24 hours
Top 10 NFTs with the highest sales growth in 24 hours Data source: NFTGO
Headlines
The total market value of cryptocurrencies rebounded to over $2.2 trillion
Golden Finance reported that data showed that the total market value of cryptocurrencies is currently about 2.201 trillion US dollars, with a 24-hour increase of 2%. In addition, BTC has a market share of 54.2%, ETH has a market share of 13.3%, and Ethereum's gas fee is 1.5248 GWEI.
NFT Hot Spots
1. Coinbase and a16z jointly launch a legal defense fund for NFT creators
Golden Finance reported that Coinbase, together with Andreessen Horowitz (a16z) and NFT platform OpenSea, launched a $6 million NFT creator legal defense fund on September 13. The fund was initiated by the "Stand With Crypto" initiative to help NFT creators deal with legal challenges from the U.S. Securities and Exchange Commission (SEC). The initiative was launched by Coinbase in 2023 to support and protect the crypto industry from excessive regulation. The fund has been supported by several well-known law firms, including Fenwick & West LLP, Goodwin Procter LLP, and Latham & Watkins LLP. a16z has contributed $1 million as part of the fund, and other participants such as OpenSea have provided the remaining $5 million. As the SEC issued a Wells notice to OpenSea, the regulatory pressure on NFT projects has increased. The fund will provide legal assistance to creators to help them continue to innovate in the field of blockchain technology.
DeFi Hotspot
1. Linea mainnet has bridged over 770,000 ETH
Golden Finance reported that according to Dune data, the Linea mainnet has bridged 770,821 ETH.
2. Treasure Co-Creation: Treasure DAO’s migration from Arbitrum to ZKsync will help realize the project’s vision
On September 14, Treasure co-founder Karel Vuong published a long article on the X platform to clarify the reasons and motivations for Treasure DAO to migrate from Arbitrum to ZKsync. The article pointed out that the team loves Arbitrum very much and has built, developed and grown with Arbitrum over the past 3 years. However, 7 months have passed since the game catalyst vote, and a lot of things have changed. Although Karel Vuong denied that grants were the core reason that prompted Treasure to leave Arbitrum, Karel Vuong said that after investing a lot of time and energy to make GCP a reality, promote it within the DAO, and do everything possible to push it forward, it is disappointing to see Arbitrum representatives dragging Treasure behind the scenes. In addition, Karel Vuong said that ZKsync is more conducive to the project's vision of large-scale adoption in terms of scalability, throughput, cost, game possibilities, onboarding, interoperability, etc. This is the main reason why the team chose ZKsync.
3. Vitalik affirms Danny Ryan’s contribution to the Ethereum ecosystem
Golden Finance reported that in response to the resignation of Danny Ryan, a core researcher at the Ethereum Foundation, Ethereum co-founder Vitalik posted on the X platform: "I am very grateful for your hard work for the Ethereum ecosystem. You are an important force in bringing Ethereum to where it is today. I hope you can be proud of helping the world reduce electricity consumption by 0.23%, and I hope you can rest well." Vitalik replied with a picture that read "Ethereum's total electricity consumption once accounted for 0.23% of the world's total electricity consumption."
4. Solv protocol has been deployed to Base
On September 14, the Bitcoin staking protocol Solv Protocol announced that it has been successfully deployed on the Base chain, and users can use cbBTC to mint SolvBTC.
5. Sky Ecosystem issues second notice on WBTC withdrawal from SparkLend
Golden Finance reported that Sky Ecosystem issued a second notice on the withdrawal of WBTC-A, WBTC-B, WBTC-C and WBTC from SparkLend. According to the plan outlined by Block Analitica, the transfer of WBTC from traditional vaults (WBTC-A, WBTC-B and WBTC-C) and SparkLend will be carried out in several steps in multiple execution quotes and await management approval. The withdrawal process is expected to start with an administrative vote on September 26, 2024. WBTC users in traditional vaults and SparkLend are advised to pay attention to Block Analitica's advice and close their traditional vaults and SparkLend positions with WBTC collateral to avoid liquidation.
6. Kraken removes Lightning Network functionality for German customers, citing “technical changes”
Cryptocurrency news publication Protos reported that a Kraken support agent attributed the removal to "regulatory issues." Kraken "mistakenly cited" regulatory changes for suspending the service. Kraken said: "The change in service for German customers who want to use Lightning is the result of a technological change.
Disclaimer: As a blockchain information platform, Golden Finance publishes articles for information reference only and is not intended as actual investment advice. Please establish a correct investment philosophy and be sure to raise your risk awareness.
