[Link to FM] China Li-Ning launched boring ape peripheral clothing, STEPN said that all quality shoe casting needs GMT

【Data Intelligence】

Azuki's total transaction volume exceeded US$600 million

According to the latest data, the total transaction volume of Azuki has exceeded 600 million US dollars, which is 603,839,689 US dollars at the time of writing, and the transaction volume has reached 25,411 transactions. Azuki is an NFT project with 10,000 character images. In the future, it plans to develop offline streetwear brand stores and hold live events such as meetups and music festivals. The current floor price of this series is 24 ETH, and the market value is about 333.7 million US dollars.

The total market value of CryptoArt exceeds 2.5 billion US dollars

Cryptoart.io data shows that the total market value of CryptoArt is 2547707654.07 US dollars (870,472.512 ETH), and the total sales volume of artworks is 3241829.

【 Regulatory News 】

New York State Senator Proposes Criminalizing Sweepstakes and Other Cryptocurrency Fraud

New York State Senator Kevin Thomas filed a new petition to amend the bill to establish certain offenses related to virtual token distributions, rug sweepstakes and other fraud related to the misuse of private keys and hidden interests in crypto projects. The bill, authored by Senator Thomas, Senate Bill S8839, calls for the definition, punishment, and criminalization of fraudulent practices specifically aimed at developers and projects that intend to defraud crypto investors. Through the bill, Thomas seeks to provide prosecutors with a clear legal framework for fighting crypto crimes that is consistent with the spirit of blockchain while fighting fraud. The bill calls for an amendment to the law to incur carpet sweepstakes fees for developers who “sell more than 10% of such tokens within five years of the last sale of such tokens.”

【Industry Trends】

The first BAYC-themed restaurant Bored & Hungry has opened, accepting APE and ETH payments

According to news on April 25, the first Bored Ape Yacht Club (BAYC) NFT-themed restaurant, Bored & Hungry, officially opened on April 9 local time in Long Beach, California, USA. It is reported that the Bored & Hungry restaurant will be open for 90 days in the form of a pop-up store. The restaurant accepts ApeCoin (APE), ETH, and debit/credit cards as payment methods. The restaurant was conceived by food entrepreneur Andy Nguyen. To launch the restaurant, Nguyen spent $267,000 on Bored Ape #6184 back in March, in addition to multiple MAYCs. Through the QR code, restaurants can scan customers’ MetaMask wallets to view their APE, BAYC, MAYC or BAKC NFTs. Customers who own cryptocurrencies or related NFTs can enjoy special benefits offered by restaurants, such as free meal combos and more.

Avalanche, BNB Chain and Polygon grow steadily despite market problems in Q1 2022

Blockchain data analysis firm Nansen recently released its quarterly analysis report, which shows that the crypto market will experience a decline in 2022 compared to the volume of activity in 2021. However, the report noted that blockchain networks Polygon, BNB Chain, and Avalanche remained fairly stable, with Avalanche performing particularly well. According to the Nansen report, Polygon’s scalability, PoS system, and lower gas fees will boost its adoption rate by nearly 1,000% in 2021 compared to other blockchains such as Ethereum. However, the increased activity on the Polygon network came to an unexpected halt in the first quarter of 2022. But the average transaction volume on the L2 network has remained fairly constant. After peaking in the fourth quarter of 2021, BNB Chain’s on-chain activity will drop significantly in early 2022. However, Namsen noted that BNB Chain continues to maintain its status as an industry leader and the most active blockchain network on its list. According to the report, the total daily transaction volume of the network is estimated to be about 3-5 times that of Ethereum.

Hardware wallet Trezor files lawsuit against Intuit, which owns email marketing service MailChimp

The owner of the hardware wallet Trezor has filed a lawsuit against Intuit, which owns email marketing service MailChimp. In early April, a hacker breached the MailChimp database and stole the personal data of 106,856 users. The attackers then sent an email to the owner of the hardware-encrypted storage containing a link to a fake Trezor website to download a purportedly new version of the app. People who installed the software and entered the seed phrase lost virtual currency stored in their encrypted wallets. Trezor's owners want the company to compensate victims for legal fees and losses incurred as a result of the data breach. Earlier news, the hardware wallet Trezor tweeted in response to the phishing attack that the mail marketing platform MailChimp has confirmed that its service has been attacked by an insider (insider) targeting an encryption company, and Trezor is trying to determine the number of mailboxes affected.

STEPN says GMT is currently required for all quality shoe casting

On April 24th, the Move to Earn game STEPN tweeted that all quality shoe castings currently require GMT.

Cosmos founder's new project Gno.land will airdrop Token to ATOM stakers or holders

On April 25, Cosmos founder Jae Kwon stated on his social networking site that his new project Gno.land will take a snapshot on July 4, 2022, and the project Token GNOT plans to be airdropped to ATOM stakers or holders. Gno.land, a smart contract platform created by Jae Kwon after leaving Cosmos, has upgraded the consensus mechanism and adopted a new programming language Gnolang (a fork of Golang).

【Elite Viewpoint】

Grayscale CEO: If the Bitcoin ETF application is rejected, it may take legal action against the SEC

On April 25, according to a report by Beincrypto, Michael Sonneshein, CEO of the encrypted asset management company Grayscale, said that if the application of the company's Bitcoin Trust GBTC to be converted into a Bitcoin ETF is rejected by the SEC, legal action against the SEC will likely be taken . Rhythm previously reported that Grayscale had submitted an application to the US SEC through NYSE Arca in October last year to convert GBTC into a Bitcoin spot ETF. If the application is formally approved, the positions of GBTC share holders will be automatically converted into equivalent spot ETFs.

Musk: It would be "very good" to have Dogecoin as a tip currency, there is no need to build a bridge between Dogecoin and Ethereum

On April 25th, Shibetoshi Nakamoto, the founder of Dogecoin, expressed on social networking sites that he hoped that Dogecoin would add practical functions: 1. Improve the commercial application of Dogecoin; 2. Use Dogecoin as a tipping currency; 3. Build Dogecoin A bridge to Ethereum, allowing it to be used with Web3. Musk responded that point 1 is yes, point 2 is good, and point 3 is not needed.

【What to watch today】

China Li-Ning launched peripheral clothing for Boring Ape BAYC#4102 and held offline pop-up events

On April 24, China Lining posted on social media that it launched the "China Lining Bored Ape Trend Sports Club" series of clothing. The series of clothing is based on the image of Bored Ape Yacht Club #4102 and incorporates trend elements such as pixel style and street style. . Meanwhile, China's Lining will launch a Boring pop-up store offline from April 23rd to May 4th.

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