【Data Intelligence】
80M Users Paying with Bitcoin Lightning, Up 800% in a Year
According to a report by the Arcane Research team, 80 million crypto users currently have access to the Bitcoin Lightning Network. A year ago, the number of encrypted users accessing the Bitcoin Lightning Network just reached 100,000, which means that during this time, the number of access users has increased by 800%. The Arcane Research report explained that the increase in Bitcoin Lightning Network access is due to the increasing number of payment applications integrating payment services.
The total locked amount of Ethereum Layer 2 fell to 6.41 billion US dollars
According to L2BEAT data, the current total lock-up volume of Ethereum Layer 2 has dropped to 6.41 billion US dollars, a decrease of 0.67% on the 7th. The top three locked positions are Arbitrum ($3.64 billion, down 1.56% on the 7th), dYdX ($1.01 billion, up 0.85% on the 7th), and Optimism ($656 million, up 11.78% on the 7th).
【 Regulatory News 】
Fort Worth, Texas City Council Has Approved Bitcoin Mining
The Fort Worth, Texas City Council has approved Bitcoin mining and will use threeASIC Bitmain AntMiner S9 rigs donated by the Texas Blockchain Council. The rigs will have a maximum hash rate of 13.5 TH/s per second and will run on a private network at the town hall’s climate-controlled data center. The council voted unanimously today to adopt a resolution to accept miners from the nonprofit, making Forth Worth the first U.S. city to mine its own bitcoin. A spokesperson for the mayor’s office said NYDIG will take custody of the city’s bitcoin.
Brazilian Senate approves cryptocurrency market regulation bill
According to market news on April 27, the Brazilian Senate approved the cryptocurrency market regulation bill.
【Industry Trends】
Trading platform Robinhood announces layoffs of nearly 9%
Vlad Tenev, CEO and co-founder of commission-free trading platformRobinhood (HOOD), announced Tuesday that roughly 9 percent of its full-time workforce will be laid off. Throughout 2020 and the first half of 2021, the company has experienced a period of "high growth" driven by pandemic lockdowns, low interest rates and government fiscal stimulus, Tenev said. During this period, the number of employees has increased by nearly six times, from 700 to nearly 3,800. This rapid growth has led to duplication of work and positions, so the decision to lay off staff has to be made. Robinhood will continue to work in its brokerage, crypto and Spending Savings divisions launched key products.
Encryption platform Bakkt launches Bakkt pay, supports Apple Pay and Google Pay consumption points
The digital asset platform Bakkt has launched the loyalty points program Bakkt pay, which supports points payment. Members can now use points for consumption wherever Apple Pay and Google Pay are accepted. Bakkt's API enables a seamless experience directly into partners' online or mobile platforms. Partners can offer cryptocurrencies directly to their customers through integration with Bakkt. Bakkt makes it easy for consumers to start crypto transactions with no minimum requirements.
Cross-chain asset bridge ChainSwap announced that it will integrate Solana and Cosmos
On April 26th, the cross-chain asset bridge ChainSwap announced that it will integrate Solana and Cosmos.
Otherside land auction will require KYC verification
On April 26th, Yuga Labs' metaverse project Otherside stated that users need to complete KYC verification to participate in the auction of Metaverse land NFT at 1:02 p.m. practice. According to the announcement, the Land NFT will be sold in a Dutch auction, a bidding war where asking prices start high and then drop to a minimum reserve price. It is worth noting that none of Yuga Labs' previous NFT series launches involved KYC certification. This morning, Otherside officials also confirmed that the auction will be paid with APE. Earlier in March, Yuga Labs raised $450 million in seed round financing, led by A16Z, with a valuation of $4 billion.
Sushi Publishes Proposal for Feature Updates and Roadmap After Team Reorganization
Sushi publishes proposals for feature updates and roadmap after team reorganization, including retaining the talent Sushi needs, covering engineering, design, business development, marketing, community engagement, Shōyu, operations, and consulting; establishing a formal compensation committee; starting Formal executive and leadership search process. The proposal designates $6 million in SUSHI to be distributed over 4 years.
【Elite Viewpoint】
Coinbase CEO: Musk's acquisition of Twitter is a big victory for free speech
News on April 27, today, Coinbase CEO Brian Armstrong tweeted: Musk's acquisition of Twitter is a big victory for free speech, and may change the trajectory of the world more than most people realize. Twitter is in many ways upstream of media and culture, and it's heading in a very dangerous direction when it comes to censorship. It's a job that turns heads, props for him to execute it and take on challenges in ways most people can't even imagine. Hopefully, over time, Twitter can switch to a decentralized protocol, which would be the ultimate protection against it getting picked again. Freedoms of all kinds are worth fighting for, economic, speech, due process, etc. We need more companies that stand for freedom.
Grayscale CEO: Ready to expand encryption products to Europe
On April 26, according to Bloomberg News, Grayscale Investments (Grayscale Investments) CEO Michael Sonnenshein said that the company is ready to expand its encryption products to Europe and is currently discussing the launch time and expansion regions with partners.
【What to watch today】
Optimism will issue token OP and announce token economics, 19% of the initial supply will be airdropped
The Ethereum expansion program Optimism officially announced that it will issue tokens OP and announce token economics. The initial total supply of tokens is 4,294,967,296 OP tokens, and the total supply will expand at a rate of 2% per year. 19% of the initial OP token supply is reserved for user airdrops, 5% of which will be allocated in Airdrop #1, a total of 264,000 addresses are eligible for airdrops, and the average number of airdrops per address is 2311, and the snapshot time is March 25 The other 14% will be distributed in future airdrops. Currently, users can check the specific airdrop quantity at this URL.
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