● CZ: The number of registered users of Binance reaches 150 million
Binance founder and CEO Changpeng Zhao (CZ) took to Twitter to take stock of Binance’s main developments so far this week, including:
- Binance Japan officially launched
- Binance received an operating MVP license in Dubai (the first exchange in the world to receive this license)
- Launched Launchpool’s new projects Sei and CyberConnect
- Binance registered 150 million users.
● Binance appoints Kristen Hecht as deputy chief compliance officer and global anti-money laundering reporting officer
Kristen Hecht, Binance’s former global head of corporate compliance, has been appointed as the new deputy chief compliance officer and global anti-money laundering reporting officer, according to the Binance blog. Kristen has 17 years of experience in related fields. She served as a senior policy advisor in the Office of Terrorist Financing and Financial Crimes of the U.S. Department of the Treasury, where she worked to support the U.S. government in combating terrorism and illegal financial activities.
Kristen's short-term goal is to actively interact with regulators, intergovernmental organizations and industry bodies to contribute to the development of the best compliance programs in the crypto industry and further strengthen the commitment to user protection and compliance with regulatory requirements; her long-term goal is to establish a trusted partnership with regulators, industry organizations and business partners to identify and mitigate financial crime risks through innovative technologies. Kristen said: "I will use my professional background to continuously develop Binance's compliance controls and not give criminals an opportunity to take advantage."
● BNB Chain releases mainnet v1.2.9 version, introducing Plato and Hertz hard forks
BNB Chain releases mainnet v1.2.9, which introduces the Plato and Hertz hard forks, which have been fully tested on the testnet and are ready for deployment on the mainnet. Plato is expected to deploy on August 10th and Hertz on August 30th. BNB Chain stated that all validator nodes and full node operators on the mainnet must switch their software versions to v1.2.9 before August 10, 2023.
● SEC has received 52 public comment letters on spot Bitcoin ETF
According to The Block, the SEC launched a process last month in which anyone can submit opinions on the funds applied for by BlackRock and Fidelity. The regulator needs to make a ruling on these proposals within 45 days, but it can also be extended. . Currently, the SEC has received 52 public opinion letters on spot Bitcoin ETFs. Public opinions on cryptocurrencies are obviously divided, and there are multiple camps.
● Analyst: The seven Ethereum futures ETFs recently submitted to the US SEC may be approved on October 16
Bloomberg ETF analyst Eric Baltunas tweeted that the seven Ethereum futures ETFs that recently submitted applications to the U.S. SEC are likely to be approved, including: Volatility Shares, Bitwise, Roundhill, VanEck, Proshares 2 and Grayscale (Grayscale) , and they may all be approved at the same time on the same day, October 16. Bloomberg analyst James Seyfat also emphasized that it is worth noting that all institutions applying for the Ethereum futures ETF this time have previously obtained approval for the Bitcoin futures ETF application through the SEC.
● KPMG report: Bitcoin has a positive impact on environmental, social and governance goals
Major accounting firm KPMG has released a report highlighting Bitcoin’s positive impact on environmental, social and governance (ESG) standards. The report believes that Bitcoin mining can help incentivize clean energy production, enhance financial inclusion, and even reduce greenhouse gas emissions from industrial activities. In addition, the report also pointed out that Bitcoin provides many social benefits in low-income countries, especially making cross-border payments less costly, which is very important for immigrants in developing countries who work overseas and regularly send remittances to relatives back home. In Africa, Bitcoin mining has also helped subsidize the power grid, providing electricity to millions of people and reducing costs for consumers.
● Goldman Sachs report: Artificial intelligence may attract US$200 billion in global investment by 2025, accounting for 4% of US GDP
In an investment report on August 1, Goldman Sachs economists Joseph Briggs and Devesh Kodnani predicted that artificial intelligence could attract as much as $200 billion in global investment by 2025, half of which is in the United States, boosting its growth, Cointelegraph reported. GDP. While past technology booms spurred by the introduction of electricity and personal computers have boosted GDP by 2%, economists at Goldman Sachs estimate that AI could account for up to 4% of U.S. GDP, with significant investments already underway in other countries. In countries with this technology, this proportion may reach 2.5%.
● Futureverse launches $50 million Web3 technology fund Born Ready
According to Fortune magazine, Aaron McDonald and Shara Senderoff, co-founders of AI metaverse startup Futureverse, announced the establishment of a $50 million Web3 technology fund, Born Ready, to provide investments of $250,000 to $2 million to companies building Futureverse Web3 infrastructure and content networks. The Born Ready portfolio already includes sneaker startup FCTRY Lab and Web3 game studio Walker Labs, among others. The Born Ready fund will also launch an accelerator to help nurture some portfolio companies.
Previously, Futureverse announced on July 18 that it had completed a $54 million Series A financing, led by 10T Holdings.
● Tether holds more U.S. Treasury bonds than Australia, the United Arab Emirates and Spain
Miles Deutscher, a cryptocurrency analyst, tweeted that Tether currently holds more U.S. Treasuries than Australia, the UAE, and Spain. Their operating profit for the quarter also exceeded $1 billion. BlackRock, the world's largest asset management company, also had an operating profit of around $1.6 billion this quarter.
