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DWF Labs announces seven-figure strategic investment in gaming NFT marketplace Prom

HOPPA
February 22
DWF Labs announced a seven-digit strategic investment in the game NFT market Prom on the solutions, asset management tools, etc.

Bloomberg Analyst: VanEck Bitcoin Spot ETF’s daily trading volume surged to $258 million, a 14-fold increase from usual

HOPPA
February 21
Bloomberg analyst Eric Balchunas posted on the X platform that the trading volume of the VanEck Bitcoin Spot ETF (HODL) surged to $258 million today, a 14-fold increase from its average daily trading volume. Unlike the spikes in trading volume that are typically driven by a single large investor, 32,000 individual trades were behind this increase, 60 times the average. Today’s trading volume of Bitcoin spot ETF BTCW reached US$154 million, which is 12 times its average trading volume, and its trading volume is 25 times its total asset value. The transaction involved 23,000 individual transactions, in sharp contrast to only 221 transactions last Friday.

Ordinals developer: Runestone token has no utility and no team distribution

HOPPA
February 21
Ordinals developer Leonidas posted on the X platform that to clarify, Runestone is a meme coin with no practicality and no team distribution.

Coinbase seeks to launch crypto derivatives such as perpetual futures contracts in Canada

HOPPA
February 20
Coinbase is looking to launch perpetual futures contracts and other derivatives products in Canada and is in public dialogue with politicians and regulators such as the Ontario Securities Commission (OSC). In addition, Coinbase recently joined the Canadian Web3 Council, a multi-party non-profit organization that promotes legislative and regulatory initiatives in Canada to be more industry-friendly.

Bitcoin futures open interest tops $24 billion, reaching record set in mid-November 2021

HOPPA
February 20
Coinglass data shows that the current open positions of Bitcoin futures contracts across the entire network are 461,960 BTC (approximately $24.22 billion). Among them, the open interest of Bitcoin futures on the Chicago Mercantile Exchange (CME) has reached 130,710 BTC (approximately 6.84 billion U.S. dollars), a record high, ranking first; the open position of Binance Bitcoin contract is 113,690 BTC. BTC (approximately $5.96 billion), ranked second. It is reported that in mid-November 2021, when the price of Bitcoin exceeded US$65,000, it hit a record of US$24 billion.

One whale purchased 32,000 ETH in the past 19 hours, worth approximately $90 million

HOPPA
February 19
In the past 19 hours, a large cryptocurrency whale purchased 32,002 Ethereum (ETH), worth a total of approximately $90 million, at an approximate price of $2,811 each. The purchase included an exchange of $60 million in USDT for 21,353 ETH via 1inch, and a withdrawal of 10,649 ETH (worth approximately $30 million) from Binance. The USDT used to purchase ETH is also withdrawn from Binance.

Digital bank Revolut plans to launch crypto exchange targeting ‘advanced traders’

HOPPA
February 19
Digital bank Revolut will launch a cryptocurrency exchange aimed at "advanced traders" with fees set between 0% and 0.09% and adding the ability to allow users to use limit orders, according to an email to UK customers seen by CoinDesk The function of trading with market orders. Limit orders are typically used when traders want to buy or sell an asset at a specific price. Limit orders do not incur any fees.

Coinbase CEO: Cryptocurrency payments will mainly occur on L2 blockchain, Coinbase is integrating Lightning Network

HOPPA
February 18
In response to the statement that "Coinbase Commerce no longer accepts payments using self-hosted Bitcoin wallets or other applications," Coinbase CEO Brian Armstrong responded on Twitter that Commerce uses the new EVM payment protocol and users can pay from any self-hosted wallet. We believe that payments using cryptocurrencies in the future will mainly occur on the L2 blockchain, and we hope to help achieve this goal. Currently the fastest checkout on Commerce is using any ERC-20 on the L2 blockchain (Base, Polygon, etc.) including Ethereum, USDC, wrapped Bitcoin and thousands of ERC-20 tokens. As an alternative, if customers have a Coinbase account, they can pay using their Coinbase account, which includes paying directly with Bitcoin. Additionally, Coinba is integrating the Lightning Network. I hope there will be opportunities to use the Lightning Network for commercial payments in the future. We believe that using cryptocurrencies for online payments will not truly become mainstream until we move away from the first layer and reduce transaction fees and confirmation times, so we are working hard to accelerate the move towards this world.

Connext has been launched on Base, and users will be able to stake native ETH through EigenLayer

HOPPA
February 17
The Layer 2 interoperability protocol Connext announced that it has been launched on Base. Renzo Protocol users will be able to re-stake native ETH through EigenLayer on Base without interacting with Ethereum. In addition, users can also receive ezPoints and EigenLayer re-staking points.