News
The Binance Web3 Wallet has introduced an Inscriptions Marketplace and added support for the ERC-404 token. The update expands its network support to include Manta, ZetaChain, ZKFair, Metis and Scroll. Link
Arkham reports that at 22:12 UTC+8 on February 23rd, Grayscale moved 3,443.1 BTC, valued around US$175 million, to a Coinbase Prime Deposit address. Link
Yesterday, the cumulative trading volume for spot Bitcoin ETFs exceeded $50 billion. Additionally, these ETFs experienced net inflows, attracting $251.4 million on Thursday. Link
Donald Trump's perspective on Bitcoin is shifting, noting that 'many people are embracing it.' Link
Projects
Avalanche - The Avalanche C-Chain has halted block production for over an hour, with the last transaction recorded at block 42046853 at 19:13 UTC+8, according to Avascan. Other subnets are experiencing minor delays. Ava Labs suggests the issue may be tied to a recent inscription launch. Link
Uniswap - The Uniswap Foundation has declared it will initiate a Snapshot vote for fresh proposals on March 1st 2024. Subsequent on-chain voting will commence on March 8th, facilitating the proportional distribution of protocol fees to $UNI token holders who have staked and delegated their voting rights. Link
Aevo - Aevo experienced a record-breaking single-day trading volume of $1.2 billion, with $420 million in options volume. Between February 18th and 24th, Aevo's weekly trading volume hit around US$5 billion, attracting 44,600 unique traders. This surge in activity is largely attributed to anticipated airdrop incentives and farm boost programs. Link
Farcaster - The social media platform Farcaster has introduced support for Solana, enabling users to verify their Solana addresses on the platform. Link
Disclaimer: This research report is exactly that — a research report. It is not intended to serve as financial advice, nor should you blindly assume that any of the information is accurate without confirming through your own research. Bitcoin, cryptocurrencies, and other digital assets are incredibly risky and nothing in this report should be considered an endorsement to buy or sell any asset. Never invest more than you are willing to lose and understand the risk that you are taking. Do your own research. All information in this report is for educational purposes only and should not be the basis for any investment decisions that you make.