Why is the LG (Legends) project so popular?
Judging from their official website and Twitter, LG is going to build a chain game on the ARB chain, and the ecosystem has been basically deployed. Judging from the official website and related communities, their team has a lot of experience in the GameFi field and has a lot of potential. With the capital investment from investors, the goal of deploying LG on the ARB chain is to become the leading chain game on the ARB chain.
#crypto2023 #Web3 #Arbitrum

The latest unlocking program for Avax tokens will be completed within a month and will unlock $168 million worth of tokens at current prices. According to data from Token Unlocks, 9,541,800 Avax tokens worth more than $168 million (at current prices) will be unlocked on May 28. Considering that the circulating supply of the token is 327 million, the nearly 10 million Avax planned to be unlocked account for more than 3% of all circulating tokens. Additionally, a total of more than 361.25 million Avax tokens, representing more than half of the cryptocurrency’s supply, remain locked and will be gradually released over the next seven years.
#crypto2023 #Web3

According to Blur market data, the floor price of NFT project WonderPals fell below 0.12 ETH, a single-day drop of more than 50%. The trading volume of WonderPals exceeded 800 ETH today, and a large WonderPals address (0x20…09BC) traded thousands of times during this period.
#ETH #Web3 #crypto2023 #NFT

A recent tweet from well-known Binance trader “Tree of Alpha” showed that he remains “firmly long” despite unexpected turmoil in the cryptocurrency market. The sudden correction wiped out about $100 billion from the global market value of cryptocurrencies and caused nearly $500 million worth of orders to be liquidated on derivatives trading platforms. This extreme market volatility may deter some traders from participating in the market as it creates an unfavorable trading environment. However, Tree of Alpha continues to maintain its bullish stance even as most assets return to pre-sell-off price ranges.

On April 16, SeeDAO and .bit announced an in-depth cooperation at the DAO Hong Kong conference. SeeDAO will use .bit as the member identification system. The two parties will jointly explore the DID-based DAO governance model and jointly provide incubation services for the DAO tool team. SeeDAO is an influential DAO in the Chinese-speaking world, and .bit is committed to enhancing the relationship between social organizations through DID. The cooperation between the two parties will help DAO governance exploration enter a more mature stage.
#crypto2023 #Web3 #BTC #DAO

Cai Zhonghui, interim head of the Intermediaries Department of the Hong Kong Securities and Futures Commission, said that the Securities and Futures Commission understands the opportunities brought by Web 3.0 and fully supports the use of new technologies to provide financial services and products in Hong Kong. However, at the same time, it will be alert to potential risks and will unswervingly protect investments. and market integrity to establish Hong Kong as the premier hub for Web 3.0 and virtual assets
#Web3 #crypto2023

On April 15, MetaTdex announced that it will officially launch the platform Token TT repurchase and destruction mechanism in April 2023. Every week, 20% of the handling fee paid by the MetaTdex platform last week will be used as a special fund to repurchase TT and enter the Polygon chain black hole address. be destroyed. It is reported that MetaTdex has completed the first batch of repurchases and destroyed TT81458.8140 pieces. According to the official team, this marks the further improvement of the TT deflation mechanism and supports the increase in the value of TT.
#BTC #crypto2023 #ETH #Binance #Web3

Bixin Ventures posted on social media that the institution has recently invested in the DeFi yield market protocol Pendle, and the transaction will be completed through OTC.

Bixin Ventures said that with a simple UI/UX, Pendle allows users to easily deploy revenue strategies, and the platform’s TVL has grown rapidly from approximately US$7.8 million in December 2022 to US$60.5 million today, an increase of nearly US$60.5 million in just five months. 775%. Bixin Ventures believes that this is just the beginning, and Bixin Ventures will provide more support for Pendle.
#BTC #crypto2023 #Web3

Facebook and Instagram will stop supporting NFTs on April 11; Instagram said it will no longer remain connected or associated with third-party digital wallets; it will begin to delete digital collectibles data in our systems, including wallet addresses.
#crypto2023 #Web3

Trader Joe officially launches the upgraded version of the trading engine Liquidity Book V2.1, introducing automated liquidity strategy execution tools Autopools, one-click production-increasing agriculture Autopool Farms, sJOE that can invest and obtain corresponding trading activity shares, and permissionless liquidity pool Permissionless Pools, fee compounding optimization, migration to new V2.1 liquidity pools and Maker-style limit orders (to be deployed later).
#BTC #crypto2023 #Binance #Web3

A Texas Senate committee voted unanimously to pass Senate Bill 1751, which proposes to eliminate tax incentives for local Bitcoin mining operations. The bill, sponsored by Republican state senators Lois Kolkhorst, Donna Campbell and Robert Nichols, would eliminate the tax break and require miners using more than 10 megawatts to register as flexible load operators with state grid operator ERCOT. The bill will next go to the Texas Senate for a full vote and then to the House. In response, Dennis Porte, CEO of Bitcoin mining advocacy company Satoshi Action Fund, tweeted that the bill would eliminate incentives for miners to create jobs in rural communities. #crypto2023

Binance CEO Changpeng Zhao stated on social media that the current blockchain throughput cannot make Binance a "hybrid exchange." He said this is easier said than done, and it must be ensured Fund security, ensuring that the counterparty to the transaction is paid, ensuring that no one can cheat the system, and ensuring real-time settlement. At the same time, Changpeng Zhao also called on the encryption industry to need more DEX. For example, PancakeSwap v3 currently supports BNB Chain and Ethereum, but Uniswap’s dominance in TVL and other aspects will make this field “too centralized.”
#BTC #crypto2023 #Binance #Web3

TProtocol is the first native DeFi protocol with treasury bonds as the underlying asset. It provides permissionless on-chain treasury bond tokens, filling the gap of low-risk return products in the DeFi ecosystem. TProtocol can provide new underlying assets and higher composability for the existing DeFi ecosystem. It is reported that this project will be launched through the community and cooperate with Ethereum and BNB ecology. The airdrop incentive plan will start on April 1st after the project goes online.
#BTC #crypto2023 #Binance #Web3

Puzzle game “Tetris” has announced the launch of its Web3 loyalty program, which allows players to earn game points through participation and redeem them for real-world rewards, such as Apple TV+ subscriptions.

It is reported that this loyalty program was created by PlayStudios, the developer of the "Tetris" game. The company established a blockchain department in August last year and announced an investment of US$10 million to enter the Web3 market.
#BTC #crypto2023 #Binance #Web3

According to information disclosed by Kaiko, an on-chain data platform, XRP perpetual futures open interest has continued to rise this week. It soared past 500 million U.S. dollars on March 22 and then reached a peak of 610 million U.S. dollars on Wednesday, compared with about 3 million U.S. dollars in early March. billion has more than doubled. Analysts believe that XRP holders may be betting on Ripple’s possible victory in its lawsuit against the SEC, as many observers have pointed out the fragility of the regulator’s arguments, but so far the judge has not made a final ruling.
#BTC #crypto2023 #Binance #Web3

Amber Group once again transferred 2.41 million ARB to Binance yesterday, equivalent to approximately $3.34 million (the ARB price was $1.37 at the time).

In addition, according to data in recent days, Amber Group-related addresses collected 8.6 million ARB from several addresses between March 24 and 26, equivalent to approximately US$10.62 million (the ARB price was US$1.23 at the time). Afterwards, 5.67 million ARB were transferred to Binance from March 28 to 30, which was equivalent to approximately US$6.69 million (the price of ARB at that time was US$1.18). Currently, the relevant address of Amber Group still holds 509,000 ARB, which is worth approximately US$71 Ten thousand U.S. dollars.

Aspen Digital, a financial technology platform incubated by Everest Ventures Group, announced the appointment of Elliot Andrews as Chief Executive Officer (CEO), effective April 1, 2023.
Elliot is based in Hong Kong and has over 15 years of experience in the fintech and digital asset industries. Joining Aspen Digital in 2021 as Head of Business Development, he oversees the company's overall strategy across sales and marketing, product and operations. He once served as the Asia Pacific head of Dealogic, a financial data and information platform serving investment banks and institutional investors.
#BTC #crypto2023 #Web3

Ahead of the planned mainnet launch later this year, there has been a significant increase in activity on Puppynet, the Shibarium Network’s native testnet. Blockchain explorer data shows that the Puppynet testnet has processed more than 700,000 transactions across nearly 200,000 independent wallets since its launch on March 11. Most of these spikes occurred in the past week, with more than 114,000 transactions in the 24 hours between March 28 and 29.
#BTC #crypto2023 #Web3 #SHIB

Stacks co-founder Muneeb Ali wants to fund Senator Warren’s political opponents and encourages the crypto community to do the same. The comments were in response to Warren's plan to create an "anti-crypto army" as part of her re-election campaign.
Warren has been a key political figure opposed to cryptocurrencies. Examples include opposition to Fidelity’s decision to allow its 401(k) products to invest in Bitcoin, and a recent bipartisan open letter to Binance demanding greater transparency and accountability.
#BTC #crypto2023 #Web3

While some prominent figures in the tech industry have called for a temporary moratorium on the ChatGPT upgrade, Coinbase CEO Brian Armstrong has made it clear he opposes the move.
He recently tweeted: "I also think this is a bad idea. There are no 'experts' to judge the issue and the many different actors will never agree. Committees and bureaucracies solve nothing."
According to previous news on March 29, Elon Musk and more than 1,000 artificial intelligence experts and industry executives signed a joint letter calling for a moratorium on training artificial intelligence systems more powerful than GPT-4 for at least six months on the grounds that such systems are harmful to society and society. Potential risk to humans.
#BTC #crypto2023 #Web3