【Data Intelligence】
Coinbase shares fell to an all-time low of $131.25 during Friday's session, two days after the beta launch of its new NFT marketplace
Coinbase shares fell to an all-time low of $131.25 during Friday's trading session, two days after the beta launch of its new NFT marketplace. Coinbase faces competition not only from market-dominating OpenSea and LooksRare, but also from major cryptocurrency exchanges FTX and Binance, which also launched an NFT marketplace last year.
ARK Fund has bought more than 160,000 shares of Coinbase since last week
According to the holding data of ARK Ark Fund, from April 17th to April 23rd, ARK Fund bought a total of 167,682 shares of Coinbase stock (Coin). Previously, Jinse Finance reported that two days after Coinbase launched its long-awaited NFT market, Coinbase shares fell to an all-time low on Friday, falling to $131.14 in after-hours trading on Nasdaq, a drop of more than 15% since the launch of the market beta. %. Coinbase shares have lost 47.61% since January.
【 Regulatory News 】
6 More Members of Crypto Ponzi Scheme Finiko Arrested in Russia
Russian law enforcement authorities have detained six more members and executives of crypto Ponzi scheme Finiko. Dozens of raids have been carried out by Tatarstan and Russian police as part of an ongoing investigation pyramid that defrauded investors around the world. Members of the fraudulent scheme were active in Tatarstan and other Russian regions between January 2018 and July 2021, ministry spokeswoman Irina Volker told TASS. Volk explained that they promoted the project to attract investors and promised super high profits of 3% to 5% per day. The fraudsters asked them to convert fiat currency into bitcoin and send it to a crypto wallet controlled by Finiko. Their personal accounts are then credited to the platform's own currency "Tsifron". Irina Volker noted that property belonging to the defendant worth more than 1.3 billion rubles has been confiscated. Representatives of the investigative service of the Russian Interior Ministry conducted more than 70 searches during the latest arrests, confiscating documents and computer equipment as evidence in the case.
【Industry Trends】
NFT project Moonbirds released Nesting v0.5
According to the news on April 24, the NFT project Moonbirds tweeted that the Nesting v0.5 version has been launched. It is reported that Moonbirds' "Nesting" is similar to the pledge mechanism provided by encryption projects.
Jack Dorsey's role at Block has changed from CEO to principal and chairman
On April 24, according to the documents submitted by Block (formerly Square) to the SEC, Jack Dorsey's title at Block has been changed from CEO to Block Head and Chairman at his own request, but his "role There will be no change in terms and responsibilities and will continue to serve as CEO of the company.” In addition, Block’s bylaws were changed to remove the requirement for the company to have an executive serve as CEO and president.
Binance Now Supports USDC and USDT Deposits and Withdrawals on Polygon Chain
On April 24, according to official news, Binance now supports the deposit and withdrawal services of USDC and USDT on the Polygon chain.
Litecoin Foundation: Taprroot upgrade is locked at height 2249856
The Litecoin Foundation announced on Twitter that the Taprroot upgrade is locked at height 2249856. According to previous news, Litecoin officially released the Core0.21.2rc5 version update, which has activated the Taproot upgrade, which aims to enhance the security, privacy and scalability of Litecoin. At the same time, this update also contains bug fixes and updated translations for expansion module (MWEB) lays the foundation.
Yuga Labs' new project Otherside announced that it will be launched at 0:00 on May 1st
Yuga Labs' new project Otherside announced that it will be launched at 0:00 on May 1, Beijing time. Meanwhile, Otherside has opened a Discord channel. Rhythm previously reported that on March 19, Yuga Labs announced the promotional video of its new project "Otherside" on social media. The NFT series featured in the video include Bored Ape Yacht Club, Mutant Ape Yacht Club, CryptoPunks, Meebits, CoolCats, World of Women and Nouns.
【Elite Viewpoint】
Ubisoft: No plans to add NFT to new games
On April 24, Ubisoft officially posted on social media that there are currently no plans to add NFT to the new game code-named "Project Q". It is reported that the game will use the PVP battle mode, which is still in the early testing stage.
Dutch central bank chief: Crypto market could soon become a threat to global financial stability
Watcher.Guru tweeted that the head of the Dutch central bank said that the cryptocurrency market could soon become a threat to global financial stability.
【What to watch today】
Boring Ape BAYC's metaverse project Otherside announced that it will be officially launched on April 30 at 12PM ET
Boring Ape BAYC's metaverse project Otherside announced that it will be officially launched on April 30 at 12PM ET. The DISCORD channel has been opened and more than 100,000 people have joined so far.
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