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Web3.0 Daily | Global X to Launch BTC Futures Strategy ETF with Code BTRN

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Post time 31-3-2024 13:51:48 | Show all posts |Read mode
DeFi Data
1. Total market capitalization of DeFi tokens: $110.46 billion.

   Source: CoinGecko.

2. Trading volume on decentralized exchanges in the past 24 hours: $7.321 billion.

   Source: CoinGecko.

3. Locked assets in DeFi: $9.651 billion.

   Source: DeFiLlama for the top ten rankings of locked assets by DeFi projects.

NFT Data
1. Total market capitalization of NFTs: $58.107 billion.

   Source: CoinMarketCap for the top ten ranked projects by market capitalization.

2. 24-hour trading volume of NFTs: $5.572 billion.

   Source: CoinMarketCap for the top ten ranked projects by market capitalization.

3. Top NFTs in the past 24 hours.

   Source: NFTGO for the top ten NFTs with the highest sales volume in the past 24 hours.

Headlines
Global X is set to launch a BTC Futures Strategy ETF, with the code BTRN.

According to Bloomberg ETF analyst James Seyffart, Global X's BTC Futures Strategy ETF will be launched on March 21, 2024, with the code BTRN. The Global X BTC Futures Strategy ETF aims to provide investment results that correspond to the price and performance (net of fees and expenses) of the CoinDesk Bitcoin Futures Index. The fund will invest at least 80% of its total assets (plus borrowings for investment purposes, if any) in constituent stocks of the CoinDesk Bitcoin Futures Index and other securities with economic characteristics similar to the constituent stocks of the underlying index (such as US-listed Bitcoin futures ETFs) as determined by the advisor. Additionally, to track the relevant indices, the fund may invest in debt securities, cash and cash equivalents, or money market instruments not included in the relevant indices, such as repurchase agreements and money market funds.

NFT Highlights
1. Opensea launches NFT marketplace protocol Seaport 1.6.

Opensea announced the official launch of the Seaport 1.6 NFT marketplace protocol, which introduces a new feature called Seaport Hooks enabled by the Ethereum Dencun upgrade. Similar to Uniswap v4 hooks, the Seaport hooks feature allows developers to build related applications that extend the utility and liquidity of NFTs. In some operations, the gas fee for Seaport 1.6 is 5% cheaper than Seaport 1.5.

2. SLERF founder: Will distribute soul-bound NFTs to affected presale participants and refund contributors.

SLERF meme project founder @Slerfsol announced plans to distribute soul-bound (Soul-bound) NFTs to the wallets of affected presale participants and refund contributors. This will allow other projects to easily airdrop tokens or NFTs and provide them as memorabilia from SLERF's history.

3. BlackRock currently holds at least $40,000 worth of MemeCoin and NFT.

Asset management giant BlackRock now holds at least $40,000 worth of memecoin and non-fungible tokens (NFTs). Data shows that since March 19, unnamed cryptocurrency users have sent at least 40 tokens and 25 NFTs to BlackRock's tagged address, ranging from Bitcoin-based Ordinals Pepe (PEPE) tokens to CryptoDickbutts S3 NFTs. Additionally, 500,000 unshETHing_Token (USH) and 10,000 Realio Network (RIO) tokens were also transferred to the $10 trillion asset management company, BlackRock, which also received a large amount of Mog Coin (Mog) VoldemortTrumpRobotnik-10Neko (ETHEREUM), and Shina Inu (SHI).

DeFi Highlights
1. DeFi comprehensive service platform OpenStamp secures seed funding led by Animoca Ventures.

The OpenStamp comprehensive service platform based on the STAMP protocol has completed seed funding with a valuation of $50 million, led by Animoca Ventures. KuCoin Ventures, MH Ventures, VitalTao Capital, Lotus Capital, Brotherhood Ventures, Blue Node Capital, D64 Ventures, Luminescence Capital, Spicy Capital, Halvings Capital, SPEC Capital, and YM Capital also participated. OpenStamp offers various products including Mint/Deploy services, SRC-20/SRC-721 markets, Indexer, Explorer, and Launchpad.

2. Ethereum liquidity staking protocol Lido's TVL is $34.3 billion.

According to The Block's data dashboard, the total locked value (TVL) of the Ethereum liquidity staking protocol Lido is $34.3 billion, making it the largest validator on Ethereum, accounting for 30% of staked Ethereum.

3. Polygon completes Napoli hard fork upgrade, introduces RIP-7212 proposal.

Polygon announced the completion of the Napoli hard fork upgrade, making Polygon PoS the first chain to activate the Rollup Improvement Proposal (RIP) RIP-7212, providing new precompiled support for the secp256r1 curve and making progress in interoperability with mainstream technologies.

This upgrade is also consistent with Ethereum's recent Dencun hard fork improvements, improving block space efficiency, limiting the range of self-destruct operations, and reducing memory copying overhead. The RIP-7212 developed by the RollCall Working Group promotes collaboration between L2 solutions to consolidate Ethereum's scalability and innovation efforts, enhancing user experience.

4. AirDAO: 35.2 million AMB and 125.51 ETH stolen from AMB/ETH Uniswap pool.

AirDAO announced that 35.2 million AMB tokens and 125.51 ETH were stolen from the AMB/ETH Uniswap pool and is cooperating with exchanges and relevant authorities to recover the stolen funds. Hackers gained access to LPs through social engineering, sending emails with malicious attachments impersonating their partners. Exchanges that have been used have been contacted to track and freeze the stolen funds. Additional liquidity will be added back to the Uniswap LP as soon as possible, and the situation has been mitigated.

5. JUP DAO to inject 10 million USDC and 100 million JUP to accelerate Jupiverse growth.

According to the official announcement, JUP DAO will officially inject 10 million USDC (for operational funds) and 100 million JUP next week. The funds will be transferred to a separate DAO wallet. 10 million USDC comes from revenue, and 100 million JUP comes from community allocations. This will enable the DAO to participate in public goods funding and execute its mission to develop Jupiverse.

6. DeFi Saver introduces CurveUSD hard liquidation protection feature.

DeFi Saver, a one-stop asset management solution, announced the launch of the CurveUSD hard liquidation protection feature. Users can now set a trigger health ratio value (e.g., 10%) and the amount of crvUSD to be automatically repaid from their EOA (e.g., 10,000). At the trigger moment, if the amount of crvUSD in the EOA is less than the configured repayment amount, the strategy will use all available crvUSD to repay the debt. If there is no crvUSD available, or if the repayment amount exceeds 50% of the gas fee cost, the strategy will not be executed. Currently available CurveUSD automation options include automatic
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Post time 31-3-2024 14:35:37 | Show all posts
How much money is this that it can't be transported by several trucks?
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Post time 1-4-2024 07:58:51 | Show all posts
This strategy needs to be thoroughly understood.
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Post time 1-4-2024 08:02:55 | Show all posts
Why are there so many freezes again recently?
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Post time 1-4-2024 08:34:36 | Show all posts
Generally, wallets do indeed choose those that can be trusted.
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