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<p>According to news on March 19, former Coinbase Chief Technology Officer Balaji Srinivasan and Twitter user James Medlock made a million-dollar bet on the price of Bitcoin.</p><p>According to the proposed terms, Balaji buys one bitcoin, and if the bitcoin price does not reach $1 million within 90 days (June 17), James Medlock will win Balaji’s $1 million, otherwise he will lose one bitcoin.</p><p>Balaji said he was also looking to make an equal-sized bet on the price of bitcoin with another person.</p>Lockmeta

<p>According to the official Twitter of General Bytes, the General Bytes encrypted currency ATM service was attacked on March 17 and 18. The attacker used the upload interface in the system to upload and run a malicious Java program, and then the attacker obtained the database in the server. Permissions and Hot Wallet Withdrawal API Key.</p><p>According to statistics from Slow Mist MistTrack, the loss is about 1.8 million US dollars. At present, the official has issued an event announcement and a repair plan. If relevant users operate such services, they can contact the official immediately.</p><p>According to previous news, General Bytes also encountered a security incident in August 2022, but the official did not disclose whether any cryptocurrencies were stolen.</p>Lockmeta

<p>According to news on March 19, the blockchain security company Coinspect Security issued a document stating that through cooperation with the Algorand wallet MyAlgo, the root cause of MyAlgo’s hacking has been determined, and the official announcement will be made soon.</p><p>Currently, attacks are no longer active, do not exploit application bugs or vulnerable codebases, do not abuse browser features (such as autofill), private key encryption is not weak, open source MyAlgo components are unaffected.</p><p>In addition, the attacker decrypted the private key because they obtained the password, not due to an encryption vulnerability. For affected users, it is recommended to change the wallet password immediately and never reuse it.</p>Lockmeta

<p>Japanese game publisher Bandai Namco Entertainment has used its “Bandai Namco Entertainment 021 Fund” of the Web3 metaverse fund to invest in SuperGaming, a game studio in cooperation with Google Cloud. Bandai Namco Entertainment said in a statement that this investment It will further expand its business in the Asian IP market.</p><p>Although the amount of this investment has not been publicly disclosed, the fund usually invests between 10 million yen and 500 million yen.</p><p>Bandai Namco Entertainment 021 Fund was established in April last year. It mainly supports start-up companies that build an “IP universe”. It also invested in DeepMotion, a digital character solution that provides AI-driven motion capture and real-time body tracking.</p>Lockmeta

<p>According to news on March 19, former Coinbase CTO Balaji Srinivasan said on Twitter that he will bet $2 million, betting that Bitcoin will hit a price of $1 million within 90 days.</p><p>Financial expert James Medlock is betting $1 million that the country will not fall into hyperinflation. Balaji believes that the current banking situation is similar to the 2008 financial crisis.</p><p>Central banks, banks, and regulators have all underperformed in this banking crisis, which goes beyond fractional reserves and banks don’t have enough money to handle withdrawals.</p>Lockmeta

<p>According to news on March 19, the FBI revealed that in 2022, American citizens will lose more than 10 billion US dollars due to online fraud, of which 2.57 billion US dollars will be lost to crypto investment fraud.</p><p>That compares to $907 million in losses from such fraud in 2021.</p><p>“The number of victims of crypto investment scams is at an all-time high, and so are the dollar losses suffered by these investors. Many victims are in huge debt to cover losses from these fraudulent investments.”</p>Lockmeta

<p>The NFT project Meebits community and a member of BAYC, Bailey Tattoo, announced on social media the launch of the “MeeKit” construction tool MeeKit Beta V2, which can support users to create Meebits NFT renderings independently, and is used to help build scenes using Meebit. </p><p>It is reported that there is a toolkit named An add-on to the “Booster Pack” to support custom user scenarios. According to NFTGo data, the current floor price of Meebits is 3 ETH, the current market value is about 250 million US dollars, and the total transaction volume has reached 523.25 million US dollars.</p>Lockmeta

<p>According to sources, Dubai Multi Commodity Center (DMCC) recently announced the signing of two memorandums of understanding with a South Korean Metaverse platform, planning to form a partnership to facilitate the expansion of the UAE’s global Web3 business.</p><p>Founded in 2002, DMCC is the largest free trade zone in the UAE; in 2021, the government launched the DMCC Encryption Center, a comprehensive ecosystem for enterprises in the encryption and blockchain fields.</p><p>The data shows that, of all MENA countries, the UAE is the most crypto-focused country.</p>Lockmeta

<p>Yat Siu, co-founder of Animoca Brands, said, “Royalties have helped drive the growth of the NFT economy, and all these innovations are happening because royalties can be collected.”</p><p>Despite the bear market engulfing most of 2022, the NFT industry has amassed sales worth over $24 billion.</p><p>That means billions of dollars going to creators, but more importantly, even more money going to owners of those assets that power an industry that makes creating companies like Blur, OpenSea, or Magic Eden a reality. possible.</p><p>“Without royalties, there’s not enough money in the ecosystem to support project innovation, and if you remove that, then from our perspective, you actually end up setting the industry back,” Siu said.</p>Lockmeta

<p>News on March 18, according to Glassnode data, the number of Ethereum validators voluntarily quit reached 183 on March 16, setting the second highest record since the merger.</p><p>Voluntary exit means that validators choose to stop participating in the consensus and leave the validator pool queue. They will no longer propose or prove blocks, and they will not be able to withdraw the previously pledged ETH after the Shanghai upgrade.</p>Lockmeta

<p>According to Binance’s latest announcement, Binance has completed the swap of new STG tokens and original STG tokens on AVAX C Chain, Arbitrum One, BNB Smart Chain (BEP20), Ethereum (ERC20), Fantom and Polygon blockchains, The original STG token will revert to STG as the trading symbol on the Binance platform, and deposits and withdrawals of STG are now open.</p><p>The withdrawn STG tokens will use STGOLD as the transaction code. STGOLD deposits are now open, and STGOLD token withdrawals will no longer be supported.</p><p>Binance reminds that users who withdraw STGOLD after the initial swap is completed re-deposit STGOLD on the Deposit Crypto page, because STGOLD has no value, and then can continue to exchange STGOLD tokens for STG through the convert function.</p>Lockmeta

<p>Web3 metaverse platform Oncyber has revealed that it has developed an artificial intelligence tool called Magic Composer that allows users to customize their environment through text commands.</p><p>By putting a line of text into Magic Composer, Oncyber can automatically change the look and color of the sky, place an artist’s NFT artwork from a connected crypto wallet, customize the look and size of picture frames in the world, and more.</p><p>Oncyber plans to roll out the AI tool to a select group of testers starting Monday, March 20. Oncyber allows users to introduce their own NFTs in Ethereum, Solana, Polygon and other networks.</p>Lockmeta

<p>On March 18th, the main network of Web3 data storage solution KYVE is now online, and another innovative solution based on the Cosmos SDK is proposed to enhance the developer experience, with the goal of making data a trustless public product.</p><p>The KYVE blockchain is divided into two layers: the chain layer and the protocol layer. The chain layer is the backbone of KYVE, which protects the network through DPoS, governs and maintains the overall structure. The protocol layer acts as a decentralized data pool, and protocol nodes can participate in acquiring, storing and verifying data.</p><p>On March 21, KYVE’s inflation-supporting governance proposal will be passed to ensure that the KYVE mainnet is more fully functional and secure. The next step is to launch KYVE tokens.</p><p>At the same time, the KYVE data pipeline has also been launched, and it will take 6-8 weeks for the first data pool to be launched on the test network and the main network. In the meantime, the data pipeline will continue to pull data from the KYVE devnet Korellia’s data pool.</p>Lockmeta

<p>According to official news, the Opendao team announced that it will soon release a new project AI Dao Nerwork, the token AOS$, with a total of 10 billion pieces. 10000:1 to receive AOS airdrop after block snapshot.</p><p>AI DAO Network is a decentralized financial protocol based on Openai (Chatgpt), dedicated to opening up a bridge between artificial intelligence AI and the encryption world.</p>Lockmeta

<p>With the Bitcoin futures ETF listed on the New York Stock Exchange for six months, crypto asset manager Hashdex has begun gradually rolling out spot products.</p><p>Marcelo Sampaio, CEO and co-founder of the company, said: “Spot Bitcoin ETF is inevitable, we just don’t know when and under what circumstances.” Although it is difficult to determine a timeline, he believes that spot ETF Will be authorized by the Chairman of the US SEC.</p>Lockmeta

<p>The Bored Ape Yacht Club (BAYC) has tweeted that it has fixed an issue where companion traits were not displaying correctly on HV-MTL power supplies.</p><p>Metadata has been updated and traits have been added back to the collection. We also identified all instances where a user purchased an HV-MTL power supply with the mislabeled Companion feature before 7:44 PM EST.</p><p>For any buyers who last purchased these NFTs before the cutoff time, we will send ETH to the affected wallet to make up the difference between the payment amount and the minimum amount. This should be done within the next 24 hours.</p>Lockmeta

<p>Midland Education’s 2022 annual revenue from cryptocurrency-related businesses totals 81.599 million yuan, accounting for 20.4% of total revenue</p><p>Midland Education released its 2022 annual report. During the year, Midland’s total revenue was 399 million yuan, a decrease of 45.2% from 729 million yuan in 2021. Among them, in 2022, Midland’s cryptocurrency-related business will have a total revenue of 81.599 million yuan, accounting for 20.4% of the total revenue.</p><p>Midland Education pointed out that in the fiscal year ending December 31, 2022, Bitcoin mining contributed the vast majority of revenue. Midland Education states that it stores all mined bitcoins in hot wallets or cryptocurrency wallets connected to the Internet, and may convert mined bitcoins into legal tender from time to time to generate cash flow for the subsidiary’s business Operations are financed.</p><p>As of December 31, 2022, the subsidiary has a total of 1,754 mining machines, and a total of 1,482 have been deployed, accounting for 84.5%, with a total computing power of 140PH/S. Through subsidiaries, Midland manages and operates our mining machines from three colocation facilities operated by colocation facility owners in Tennessee and Kentucky, respectively. In the fiscal year ending December 31, 2022, a total of 84.9638 bitcoins were mined, generating approximately 16.5966 million yuan in revenue.</p>Lockmeta

<p>Web3 entertainment project Hello Pets announced the launch of a $6 million metaverse expansion fund to develop and strengthen the metaverse ecosystem.</p><p>It is reported that Hello Pet revealed that it has purchased 10 “boring ape” BAYC, namely: BAYC #6966, BAYC #6280, BAYC #5245, BAYC #4421, BAYC #5914, BAYC #7350, BAYC #2045, BAYC #9538, BAYC #1522, BAYC #6933, these NFTs will be integrated into movies, Metaverse, games, AR/VR applications, Lego toys, fashion and other products and services in the future.</p>Lockmeta

<p>Nestle’s Swiss cooking giant “Maggi Maggi” announced that it will use blockchain technology to launch the first NFT. These NFTs will cover Maggi’s main products, including Maggi Noodles, Maggi Masala-ae-Magic and Maggi Hot &amp; Sweet, etc. .</p><p>It is reported that this is the first time that Maggi Maggi has launched NFT. Rajat Jain, head of the company’s food business, revealed that more innovative ways to interact with customers will be introduced in the future, aiming to change the rules of the game in the food and beverage (F&amp;B) industry through NFT and serve customers. Get involved in setting new standards.</p>Lockmeta

<p>On March 16th, the Ethereum client Nimbus announced that it will update the donation wallet address to 0xDeb4A0e8d9a8dB30a9f53AF2dCc9Eb27060c6557. Nimbus claims that this address is a multi-signature wallet address, which will reduce the risk of managing donations and strengthen internal operations.</p><p>Funds from the original donation address will be transferred to this new address within the next 24 hours. The Nimbus donation address on Gitcoin will be updated with this new address in the coming days. Nimbus retains access to the funds in the original donation address.</p>Lockmeta