Golden Web3.0 Daily | US SEC concludes investigation into Yuga Labs

DeFi data

1. Total market value of DeFi tokens: 89.54 billion US dollars

DeFi total market value data source: coingecko

2. The transaction volume of decentralized exchanges in the past 24 hours was 8.527 billion US dollars

Trading volume of decentralized exchanges in the past 24 hours Data source: coingecko

3. Assets locked in DeFi: 92.992 billion US dollars

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Top ten rankings of DeFi projects with locked assets and locked-in amounts Data source: defillama

NFT data

1. Total market value of NFT: US$18.906 billion

NFT total market value, market value ranking of the top ten projects Data source: Coinmarketcap

2. 24-hour NFT trading volume: 3.092 billionUS dollars

NFT total market value, market value ranking of the top ten projects Data source: Coinmarketcap

3. Top NFTs in 24 hours

Top ten NFTs with the highest sales growth in 24 hours Data source: NFTGO

Headline

U.S. SEC ends investigation into Yuga Labs

Yuga Labs' X account posted a message saying, "The SEC has officially ended its more than three-year investigation into Yuga Labs. This is a major victory for the NFT industry and all creators who promote the development of the ecosystem, and further confirms that NFTs are not securities. ”

MEME hot spots

1.WIF fell below $0.6

Golden Finance reported that the market showed that WIF fell below $0.6 and is now at $0.59, with a 24-hour drop of 23.38%. The market is volatile, so please do a good job of risk control.

2. Data: Whales that lost tens of millions of dollars in tokens such as PEPE and BEAM turned to buying BTC and MKR

Golden Finance reported that according to OnchainLens monitoring, after losing $14.14 million in PEPE and BEAM, a whale lost another $853,000 on ONDO. After that, it spent 5.33 million DAI to buy 63.42 WBTC at a price of $84,150, and used wstETH worth $1.53 million to buy 1,087.32 MKR at a price of $1,416.

DeFi Hotspots

1. Tether's asset tokenization platform Hadron now supports Bitcoin L2 network Liquid

Golden Finance reported that according to Tether CEO Paolo Ardoino, Tether's digital asset tokenization platform Hadron now supports asset tokenization on the Liquid Bitcoin Layer 2 network.

2. Hyperliquid mainnet validator set will be fully permissionless, N is set to 20 and will gradually increase

Golden Finance reported that Hyper Foundation announced at X that the validator set of Hyperliquid mainnet will be fully permissionless after the next network upgrade. Similar to the testnet, the top N validators ranked by stake will form the active set. The initial N is set to 20 and will gradually increase over time. In addition, Hyperliquid has now launched a delegation program to enhance network security and decentralization and support validators committed to ecological development. Officials recommend that validators familiarize themselves with the testnet and understand the relevant technical details before running the mainnet node. It is worth noting that the self-delegated stake of 10,000 HYPE will be locked by the protocol for one year, and the lock will still apply even if the validator fails to enter the active set. Hyper Foundation strongly recommends that validators apply to participate in the delegation program before running the mainnet node.

3. Trust Wallet officially integrates Sonic public chain to expand DeFi ecosystem

On March 4, Trust Wallet fully integrated Sonic (S) public chain. Users can now conveniently manage assets on the Sonic chain in the wallet, including sending, receiving and storing native S tokens and tokens issued based on Sonic. This integration not only optimizes the user experience of Trust Wallet, but also enhances the interoperability of the Sonic ecosystem and expands its application scenarios in the DeFi field. Sonic is a new generation of Layer-1 blockchain, created by DeFi godfather Andre Cronje and his team. It inherits the technical advantages of the Fantom ecosystem, has high throughput, low transaction costs, is compatible with EVM, and supports final confirmation in less than one second. The TPS is as high as 10,000, and is designed for DeFi, chain games and innovative financial applications. As the world's leading non-custodial wallet, Trust Wallet supports 140 public chains and has 200 million downloads. This integration not only accelerates the expansion of the Sonic ecosystem, but also consolidates Trust Wallet's leading position in the crypto market. Through this cooperation, Trust Wallet users will be able to seamlessly experience the DeFi protocol and new digital assets in the Sonic ecosystem, further broadening the application boundaries of decentralized finance.

4.Argo Blockchain signs $40 million financing agreement to support its M&A transactions

Golden Finance reported that Nasdaq-listed Bitcoin mining company Argo Blockchain announced that it has signed a $40 million priority secured convertible loan agreement with an initial financing amount of $15 million. The remaining $25 million will be completed in the next 18 months. Three multinational institutions have participated in the investment (the specific names of the institutions have not been disclosed) and will join Argo's board of directors. The new funds will be used to expand its mining facilities in Baie Comeau, enhance its balance sheet and carry out a series of potential M&A transactions.

5.Onyx announces launch of Layer1 blockchain Goliath

Golden Finance reported that Onyx announced the launch of Layer1 blockchain Goliath designed for financial institutions, which will provide "transaction speeds comparable to networks such as Visa". It is reported that Visa can process 24,000 transactions per second. Goliath will use the Proof of Stake (PoS) consensus mechanism to support high-speed transactions. According to the announcement, the project is built on XCN Ledger. Onyxcoin has already used it as a Layer-3 aggregation solution in the Onyx ecosystem. Goliath will operate as an independent Layer-1 blockchain, but will still maintain interoperability with existing financial networks. In addition, Onyx has also set key milestones for the project. The testnet will be deployed in the third quarter of 2025, while the mainnet will be released in early 2026.

Disclaimer: As a blockchain information platform, Golden Finance publishes articles for information reference only and is not intended as actual investment advice. Please establish a correct investment philosophy and be sure to increase risk awareness.