Metamask’s Fee Income in the Past Month Reached US$1.23 Million, Approximately 60% of Which Was Contributed by Symbolic Capital
October 13th, according to Scopescan monitoring, Symbolic Capital conducted 2 transactions through MetaMask in the past 2 hours, with a total amount of $4.15 million, contributing $34,000 in transaction fee income to Metamask (fee rate 0.875%).
In the past month, Metamask has earned $1.23 million in transaction fee income, of which approximately $740,000 (about 60%) came from Symbolic Capital.
Huangpu District, Shanghai: Introduce High-Quality Enterprises Such As Blockchain and Provide Support After Identification
The Shanghai Municipal Government has issued the "Supporting Measures for Grasping the Trend of Science and Technology Returning to the City and Accelerating the Improvement of Science and Technology Development Level in Huangpu District".
Arkham Will Make Tag Endpoint Data Available to Developers via Chainlink Functions
On October 12th, blockchain data analysis platform Arkham announced a partnership with Chainlink to provide tag endpoint data to developers on-chain through the serverless development platform Chainlink Functions. Developers can access Arkham's tag endpoint data, perform trust-minimized calculations on it, and then use it in their DApps.
Fintech giant Plaid enters partnership with Sei Labs
Financial technology giant Plaid has entered into a partnership with Sei Labs. Sei Labs hopes that this collaboration will not only reduce friction and increase user adoption rates, but also encourage developers to build applications using blockchain technology. Plaid will help address key program issues such as wallet login, identity verification, and bank account identity verification. According to Sei Labs' statement, Plaid is valued at over $13 billion and works with 12,000 financial institutions in North America, the UK, and Europe.
Why is the StarkNet Ecosystem So Explosive Recently?
StarkNet is a Layer2 solution that utilizes zkSTARKs to scale Ethereum. It alleviates Ethereum’s network congestion by increasing the throughput and reducing the transaction fee.
South Korea FSC: In the First Half of This Year, the Market Value of South Korean Virtual Assets Increased by 46% Year-on-Year
According to a report by the Financial Services Commission (FSC) of South Korea on Monday, the market value of virtual assets in South Korea reached 28.4 trillion won (approximately $21.1 billion) from January to June this year, a year-on-year increase of 46%. During the same period, the global market value of virtual assets increased by 53%.
Portfolio Insights — Thala
As of writing, MOD and ThalaSwap are gearing up for mainnet app launch in early Q1 2023. Subsequently, Thala will be focusing on its collateral diversity and its cross-chain deployment.
UK must relax KYC requirements for cryptocurrencies to overtake US in Web3 space
Policy Exchange has recently released a comprehensive report on the Web3 field, which includes ten proposals aimed at strengthening the UK's Web3 competitiveness. The report suggests that the UK must relax its KYC requirements for cryptocurrencies in order to surpass the United States in the Web3 field, with one proposal focusing on limiting the personal legal liabilities of individuals in decentralized autonomous organizations (DAOs). The report further advocates for a reassessment of the policies of the UK Financial Conduct Authority (FCA), proposing the relaxation of current "know your customer" (KYC) regulations and inviting exploration of "alternative and innovative technologies," including digital identities and blockchain analysis tools.
ZK Developer Mina Navigators Will Receive 6 Million MINA Grant Support From Mina Protocol
On October 7th, Mina Navigators, the ZK developer, will receive a grant of 6 million MINA (approximately $2.3 million) in support of the lightweight blockchain protocol Mina Protocol. More details will be disclosed next Monday.
Convergence RFQ Raises $2.5M for Solana-Based Crypto Trading Platform Supporting Spot and Derivatives
Convergence RFQ, a trading platform based on Solana, has raised $2.5 million in pre-seed funding from investors including C² Ventures and Big Brain Holdings. The platform, which supports both spot and derivatives trading, uses a request for quote (RFQ) system to resolve issues with slippage and front-running.
