VC firms in the crypto space raised just $5.8 billion last year
Data tracked by cryptocurrency financial services company Galaxy Digital shows that cryptocurrency venture capital firms raised only $5.8 billion last year, lower than $37.7 billion in 2022 and $20.6 billion the previous year.
YGG: Evolving from a blockchain game guild to a blockchain game guild agreement
The blockchain gaming guild Yield Guild Games (YGG) has begun exploring the next major evolution, which is to transform from a blockchain gaming guild to a blockchain gaming guild protocol. It is reported that YGG hopes to become an infrastructure layer, enabling all guilds to exist and thrive whether on the chain or in the game, while considering using tokenized credentials and tools to manage assets and roles, as well as deep integration with blockchain games. Currently, YGG has begun helping other guilds develop through transparent, composable, and interoperable on-chain assets and tools.
A high-frequency trading whale lost $1.47 million in three transactions in the past five days.
According to Lookonchain monitoring, a certain high-frequency trading whale address has traded three times in the past five days, losing 1.47 million US dollars. The trader has traded a total of 31 ETH, profiting nine times, with a win rate of only 29%, but the total profit is 4.23 million US dollars. The most profitable transaction was holding ETH for one year and then selling it, earning about 6.5 million US dollars.
ALITA breaks through $0.0017 and continues to set a new all-time high, and the number of ALITA currency holding addresses has exceeded 100,000
On March 23rd, according to data from Gate and on-chain market information, ALITA broke through 0.0017 US dollars and is now trading at 0.0017363 US dollars, reaching a new historical high with a 24-hour increase of 4.81%, a 7-day increase of 114.40%, and a 30-day increase of 856.85%. It has been consistently listed on Gate's rising board for multiple trading days. As of now, the number of ALITA holding addresses has exceeded 100,000, reaching 101,800, and the total market value has exceeded 120 million US dollars. Due to significant market fluctuations, please exercise caution in risk control.
Token Evolution: Uncovering Diverse Applications in the Current Digital Landscape
In this collaborative research endeavor, the Global Crypto Research (GCR) and Friends With Benefits (FWB) unite to present a comprehensive examination of Decentralized Autonomous Organization (DAO) tokens and their contemporary landscape. Despite the burgeoning interest and investment in DAO tokens, their utility and application remain constrained by a spectrum of technical, regulatory, and operational challenges. Our primary objectives are to explore potential use cases for DAO tokens and propose a roadmap for their future evolution. Through this collaborative inquiry, we seek to foster a deeper understanding of DAO tokens, catalyzing innovation and facilitating more robust, versatile, and equitable applications in the digital economy.
European Parliament Approves New Crypto Sanctions Rules to Crack Down on Violations
The European Parliament has approved new sanctions rules to standardize enforcement across its 27 member states. These rules apply to crypto service providers and can result in freezing assets, including crypto. The new rules were prompted by concerns that EU financial sanctions on Russia were being violated. The legislation must still be approved by the Council before becoming law. The EU's restrictive measures apply to a wide range of financial services, including providing "crypto-assets and wallets."
Surviving Crypto Cycles
In the first 2 months of 2021, crypto prices have already doubled and continue to hit new all-time highs. Bitcoin has crossed $1 trillion in market capitalization. Pixelated crypto art regularly sells for millions. Senators even have lasers for eyes! Euphoria abounds.
The Crypto Fear and Greed Index fell from an “Extreme Greed” value of 90 to a “Greedy” value of 75
According to Coinglass data, the cryptocurrency fear and greed index has decreased from yesterday's "extreme greed" value of 90 to today's "greed" value of 75.
Find a husband using this very simple DeFi strategy (it worked for me!)
This week I’ve just been having a lot of fun with DeFi again, so I decided to finally share this story
On Compressionism
How a technological necessity is becoming the face of a burgeoning realm of cryptoart
