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Evening News | Arweave has been integrated into Instagram; AC may return to Fantom Foundation

Summary: Binance is considering acquiring a bank; Evmos core developers have completed a $27 million seed round financing.
ChainCatcher Selection
2022-11-03 19:16:18
Collection
Binance is considering acquiring a bank; Evmos core developers have completed a $27 million seed round financing.

整理:润升,链捕手

"What Important Events Happened in the Last 24 Hours"

1. Arweave Integrated with Meta to Store Digital Collectibles for Instagram Creators

According to the official Twitter, the blockchain storage protocol Arweave has now been integrated with Meta, which is using Arweave to store digital collectibles for Instagram creators. Earlier today, Instagram announced that it will support creators to mint and sell NFTs directly within its app. (Source link)

2. Andre Cronje Updates LinkedIn Profile to "Vice President of Memes"

Andre Cronje updated his position on his LinkedIn page, showing that he has been serving as Vice President of Memes at Fantom Foundation since November 2022. (Source link)

3. Zhao Changpeng: Binance is Considering Acquiring a Bank

Zhao Changpeng, founder and CEO of Binance, stated in an interview with Bloomberg that he is considering acquiring a bank to bridge the gap between traditional finance and the crypto world. Zhao believes that investing in a bank is a wise strategy for Binance, as partnerships between crypto exchanges and banks often attract many new users, thereby increasing the bank's valuation. Zhao did not disclose any specific acquisition targets but expressed openness to minority investments or full acquisitions.

It is reported that Binance previously stated it has over $1 billion available for acquisitions and recently provided $500 million to support Musk's $44 billion acquisition of Twitter. This year, Binance's acquisition strategy has mainly focused on expanding into areas such as NFTs and DeFi. (CoinDesk)

4. Lookonchain: MASK Team Transferred 2.5 Million MASK to Exchanges like Binance in the Past Week

According to Lookonchain's investigation, the MASK team previously raised funds from investors at five different prices, including $0.08 in the angel round, $0.13 in the seed round, $0.20 in the Series A round, $0.30 in the Series B round, and $0.50 in the Series C round. In the past 7 days, one address of the MASK team has transferred a total of 2.5 million MASK (approximately $13 million) to exchange addresses such as Binance and OKX.

Additionally, the top 50 MASK holders collectively hold 93.75 million MASK, accounting for 93.75% of the total supply; among them, Binance holds 17.97 million MASK, accounting for 17.97% of the total supply and 61.7% of the circulating supply. (Source link)

5. Evmos Core Developer Tharsis Labs Completes $27 Million Seed Round Financing, Led by Polychain Capital

According to CoinDesk, Tharsis Labs, the core developer of the Cosmos ecosystem's EVM-compatible chain Evmos, has completed a $27 million seed round financing, led by Polychain Capital, with participation from HashKey, Galaxy, Huobi, Coinbase Ventures, Circle Ventures, Asymmetric, and several angel investors in the Web3 space. This token sale will support Tharsis Labs in further development on Evmos and accelerate the growth of the Evmos ecosystem. (Source link)

6. Singapore Monetary Authority Managing Director: Singapore Aims to Become a Blockchain Finance Hub

According to CNBC, Ravi Menon, Managing Director of the Monetary Authority of Singapore, stated at the Singapore FinTech Festival that Singapore hopes to become a center for digital assets, rather than just a place for trading and speculating on cryptocurrencies. Singapore has already shown its recognition of blockchain technology and has initiated various projects, such as Project Ubin and Project Guardian, which test the application of blockchain in financial services. (CNBC)

"What Exciting Articles Are Worth Reading in the Last 24 Hours"

1. "EthSign Officially Launches New Product TokenTable"

EthSign announced the official launch of its first vertical scenario connecting legal agreements with smart contracts—TokenTable. TokenTable is a token ownership registration and distribution platform aimed at Web3 startups and DAOs. The popularity of TokenTable essentially transfers the ownership ledger of a project, prior to the issuance of tokens, from an Excel sheet managed by the founder to a smart contract, with the market size of this ledger equivalent to the entire primary market's funding volume.

2. "The Evolution of Crypto Exchanges Over 13 Years"

October 31 marks the 14th anniversary of the release of the Bitcoin white paper, a mere 3,192 words that laid a solid foundation for the subsequent tumultuous crypto industry. On the same day, Hong Kong released a policy declaration for the development of virtual assets, consisting of 3,800 words, showcasing Hong Kong's determination to fully embrace the metaverse, welcome Web3, and integrate into the crypto world. Hong Kong's policy support undoubtedly brings unprecedented development opportunities for crypto exchanges, while Huobi changes ownership, Binance maintains dominance, and OKX promotes globalization. How will the CEX landscape evolve under different external and internal driving forces in this new cycle?

3. "ZKP in the Web3 Era: How to Move Towards Mainstream Adoption?"

As a sufficiently versatile technology, zero-knowledge technology (ZK) can have multiple use cases and is currently in the early stages of figuring out all the potential applications of this technology. Some obvious ZK use cases have already found real applications, such as achieving transaction privacy and data compression (i.e., Rollup). However, to achieve mainstream adoption of ZK, further potential use cases and technological advancements need to be explored. This article first reviews the different applications of ZKP, then discusses what can enable the next phase of this technology, as well as some entrepreneurial ideas that could benefit from it.

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