Golden Web3.0 Daily | Emirates Plans to Support Bitcoin Payments and Add NFT Transactions to the Website

1. Total market value of DeFi tokens: $54.54 billion

DeFi total market capitalization data source: coingecko

2. Trading volume on decentralized exchanges in the past 24 hours: $13.808 billion

Source of trading volume data on decentralized exchanges in the past 24 hours: coingecko

3. Assets locked in DeFi: $110.07 billion

The top ten rankings of locked assets in DeFi projects and the data source of locked positions: defillama

1. The total market value of NFT: 25.791 billion US dollars

Data source of NFT total market capitalization and top ten projects by market capitalization: coinmarketcap

2. 24-hour NFT transaction volume: 12.657 billion US dollars

Data source of NFT total market capitalization and top ten projects by market capitalization: Coinmarketcap

3. Top NFT within 24 hours

Top 10 NFTs with sales increase within 24 hours Data source: NFTGO

1. Emirates plans to support bitcoin payments and add NFT transactions to the website

According to news on May 13, Emirates plans to adopt digital solutions, such as blockchain, metaverse and cryptocurrency, and will recruit new employees for metaverse and NFT to develop applications to monitor customer needs. Its chief operating officer Adel Ahmed Al-Redha revealed that Emirates plans to support bitcoin payments and add NFT collectibles on the company website for transactions. In previous news, Emirates announced a new metaverse and NFT-related strategy in April, promising to invest tens of millions of dollars.

2. Madonna responds to the NFT controversy: I am giving birth to art and creativity

Jinse Finance reported that Madonna’s launch of the “Mother Of Creation” (Mother Of Creation) NFT series has caused huge controversy. The series provides three rather vivid, one-minute-long digitized Madonna videos. She popped out of her body, but made many people uncomfortable. Madonna responded on Instagram, saying: "I'm doing what women have been doing since the beginning of time, which is giving birth. On an existential level, I'm giving birth to art and creativity, if not Both, and we lose our way, and I think it's really important to have a lot of thought and dialogue when you're creating."

3. Meta is researching and developing Web3 technologies such as blockchain and NFT, and will explore the single-wallet cross-platform payment experience

On May 13th, Meta Business and Financial Technology Director Stephane Kasriel announced that Facebook Pay will be officially renamed Meta Pay. Facebook Pay can be used on FB, IG, WhatsApp and Messenger, and will continue to explore how to further simplify the cross-platform payment experience. Kasriel said that Meta is in the very early stages of the development of a single wallet system, and it is working on how to prove user identity and bring that identity into different experiences in the Metaverse. Kasriel also revealed that Meta is developing Web3 technologies such as blockchain and NFT.

4. The Global Tax Enforcement Joint Conference discusses how to use NFT etc. to track and prevent tax crimes

May 13 news, the Global Tax Enforcement Joint Conference (J5) held a meeting with cryptocurrency experts and data scientists in London today to determine how to use digital assets such as NFT to track and prevent tax crimes, with a focus on preventing the use of NFT to avoid tax. Niels Obbink, chief and general manager of FIOD, said that NFTs are a modern digital approach to trade-based money laundering. A growing problem is that platforms participating in NFT transactions are not yet obliged to enforce KYC measures. These technological developments in the field of decentralized finance underscore the need for international cooperation. The Joint Global Tax Enforcement (J5) is an international joint venture between five of the world's largest tax organizations to fight global financial crime. The organization is made up of HMRC in the UK, the IRS in the US, the Canada Revenue Agency (CRA), the Australian Taxation Office (ATO) and the Fiscal Information and Investigations Service (FIOD) in the Netherlands.

5. Smokey will release music NFT on the Royal platform

On May 13th, the American electronic band The Chainsmokers announced that they will release music NFT on the Royal platform on May 17th, with a total of 5,000 pieces. It is reported that 5,000 NFTs will receive 1% royalties from the new album "So Far So Good".

1. DeFi locked-up volume on the Terra chain dropped to $1.63 billion

Jinse Finance News, according to DefiLlama data, the current DeFi lock-up volume on the Terra chain has dropped to 1.63 billion US dollars, a decrease of 23.36% in the past 24 hours. It still ranks 9th in the public chain. Currently, the top 3 DeFi lockups on the Terra chain are: Anchor ($1.01 billion, down 62.21% in the past 24 hours), Mirror ($109 million, down 51.90% in the past 24 hours), PylonProtocol ($92.62 million, down 51.90% in the last 24 hours), decreased by 41.76% in the past 24 hours).

2. The DeFi lock-up volume of the entire network is 112.81 billion US dollars, a 24-hour decrease of 26.37%

Jinse Finance News, according to DeFiLIama data, the current DeFi lock-up volume of the entire network is 112.81 billion US dollars, a 24-hour drop of 26.37%. At present, the top 5 public chains with locked positions are: ETH ($71.28 billion), BSC ($8.45 billion), Avalanche ($5.17 billion), Solana ($4.04 billion), and Tron ($3.97 billion).

3. Aurora launched a $90 million developer fund to promote the development of NEAR ecological DeFi

According to news on May 12, Aurora, the blockchain layer on the NEAR Protocol, and Proximity Labs, the DeFi division of NEAR Protocol, launched a $90 million token fund to accelerate the development of decentralized finance (DeFi) applications. To inject capital into the fund, Aurora Labs, the core development team behind Aurora, allocated 25 million Aurora Tokens (approximately $90 million) to Proximity Labs from its DAO treasury. Proximity will manage the token and provide grants to developers interested in building DeFi-based applications on Aurora.

1. STEPN: Game guilds add a social dimension to games, but there are also potential dangers

On May 13th, the Move to Earn application STEPN published an article discussing game unions, saying that game unions add a social dimension to games, but there are also potential dangers. STEPN stated that the STEPN model is built into the app, hoping to effectively cut out the middleman and benefit every player. This means that the group's power to control NFT prices is severely diluted. While fostering a strong community, the balance of power within the organization must also be maintained. Guilds have the right (even if they don't intend to) to manipulate the market and control the game's player base.

2. NFT investment company Sfermion plans to launch a game fund and plans to raise $100 million

On May 13th, according to the British "Financial Times" citing two people familiar with the matter, NFT investment company Sfermion is preparing a series of funds. These funds will invest in NFTs in individual vertical fields. The first fund will focus on The game field has set a fundraising goal of US$100 million. Andrew Steinwold, managing partner of Sfermion, said that Sfermion’s goal is to hold NFT for more than a year. Ideally, we hope to go longer, but we also understand the general laws of market development. If short-term gains are considerable, we will not refuse .

Disclaimer: As a blockchain information platform, Jinse Finance publishes articles for informational reference only and not as actual investment advice. Please establish a correct investment philosophy and be sure to raise your risk awareness.