Solana Mobile announced that the pre-orders for its upcoming mobile device "Chapter 2" have reached 100,000 units in less than 30 days, five times exceeding the original planned production, and the product will be shipped in the first half of 2025. Previously, Solana’s first Saga smartphone sold out due to the surge in the price of the BONK meme coin. Although it is unclear whether the "Chapter 2" device will continue the previous profit model, Solana Mobile promises that users will enjoy mul...

Solana Mobile announced that the pre-orders for its upcoming mobile device "Chapter 2" have reached 100,000 units in less than 30 days, five times exceeding the original planned production, and the product will be shipped in the first half of 2025. Previously, Solana’s first Saga smartphone sold out due to the surge in the price of the BONK meme coin. Although it is unclear whether the "Chapter 2" device will continue the previous profit model, Solana Mobile promises that users will enjoy mul...

A spokesman for Ripple confirmed that CEO Adrien Treccani and chief product officer Peter DeMeo have left Ripple’s cryptocurrency custody company Metaco. The spokesperson also said: “Custody remains an integral part of Ripple’s growing business as we continue to provide best-in-class enterprise encryption solutions to customers around the world.” (CoinDesk) In May 2023, it was reported that Ripple acquired the cryptocurrency custody company Metaco for $250 million. The acquisition was made th...

A spokesman for Ripple confirmed that CEO Adrien Treccani and chief product officer Peter DeMeo have left Ripple’s cryptocurrency custody company Metaco. The spokesperson also said: “Custody remains an integral part of Ripple’s growing business as we continue to provide best-in-class enterprise encryption solutions to customers around the world.” (CoinDesk) In May 2023, it was reported that Ripple acquired the cryptocurrency custody company Metaco for $250 million. The acquisition was made th...

Fox Business reporter Eleanor Terrett posted on the S-1 (Grayscale is an S-3 file) files, including Grayscale, Ark/21Shares, BlackRock, BitWise, VanEck, WisdomTree, Invesco, Fidelity, Valkyrie, Franklin. So unless they file last minute today, these issuers have already submitted all their paperwork and, in theory, they will be ready to issue this week.

Fox Business reporter Eleanor Terrett posted on the S-1 (Grayscale is an S-3 file) files, including Grayscale, Ark/21Shares, BlackRock, BitWise, VanEck, WisdomTree, Invesco, Fidelity, Valkyrie, Franklin. So unless they file last minute today, these issuers have already submitted all their paperwork and, in theory, they will be ready to issue this week.

On-chain analyst Yu Jin wrote that as the ETH/BTC exchange rate fell again to the 0.05 mark. A whale that shorted the ETH/BTC exchange rate (near 0.0525, lent 29,480 ETH and transferred it to Coinbase by pledging 2,647.9 WBTC) has started to make a profit. Borrowing health has increased to 1.39 from an initial reading of 1.28. In addition, another giant whale that has been long on the ETH/BTC exchange rate since March 2023 has seen its loan health drop to 1.02 and is once again on the verge o...

On-chain analyst Yu Jin wrote that as the ETH/BTC exchange rate fell again to the 0.05 mark. A whale that shorted the ETH/BTC exchange rate (near 0.0525, lent 29,480 ETH and transferred it to Coinbase by pledging 2,647.9 WBTC) has started to make a profit. Borrowing health has increased to 1.39 from an initial reading of 1.28. In addition, another giant whale that has been long on the ETH/BTC exchange rate since March 2023 has seen its loan health drop to 1.02 and is once again on the verge o...

Ronin announced that it plans to conduct the Neo (v.27.1) upgrade and Miko hard fork at block height 32367400 at 15:00 on February 26, Beijing time. If users are running validators or RPC nodes on the mainnet, they need to upgrade to Neo before doing so. It is reported that this upgrade will introduce a series of new features to Ronin, including REP-007 and REP-008, and introduce sponsorship transactions on the chain. A sponsored transaction is a transaction initiated by one address and paid ...

Ronin announced that it plans to conduct the Neo (v.27.1) upgrade and Miko hard fork at block height 32367400 at 15:00 on February 26, Beijing time. If users are running validators or RPC nodes on the mainnet, they need to upgrade to Neo before doing so. It is reported that this upgrade will introduce a series of new features to Ronin, including REP-007 and REP-008, and introduce sponsorship transactions on the chain. A sponsored transaction is a transaction initiated by one address and paid ...

According to official news, Horizen Labs has announced that it has begun cooperation with Arbitrum and its development company OffChain Labs and plans to release an official ApeChain roadmap, which includes the implementation of APE as a full-chain fungible token (OFT) standard supported by LayerZero Labs. In terms of business development, Horizon Labs stated that it will cooperate with Web3 game projects released on ApeChain in the future, and will also establish connections with Yuga Labs a...

According to official news, Horizen Labs has announced that it has begun cooperation with Arbitrum and its development company OffChain Labs and plans to release an official ApeChain roadmap, which includes the implementation of APE as a full-chain fungible token (OFT) standard supported by LayerZero Labs. In terms of business development, Horizon Labs stated that it will cooperate with Web3 game projects released on ApeChain in the future, and will also establish connections with Yuga Labs a...

Chris Burniske, former ARK Invest encryption head and current Placeholder VC partner, posted on the Range lows are open. If it breaks to new highs - nothing to do; if it reverts to range lows - maybe buy more."

Chris Burniske, former ARK Invest encryption head and current Placeholder VC partner, posted on the Range lows are open. If it breaks to new highs - nothing to do; if it reverts to range lows - maybe buy more."

During the COPA trial over the identity of Bitcoin’s inventor, Craig Wright claimed that merely possessing the private keys did not prove that he was Satoshi Nakamoto. When asked why he failed to provide valid evidence that he created Bitcoin, Wright said that it was his knowledge and work that proved his identity, not the possession of private keys. This statement once again sparked discussions about the true identity of Bitcoin’s founder.

During the COPA trial over the identity of Bitcoin’s inventor, Craig Wright claimed that merely possessing the private keys did not prove that he was Satoshi Nakamoto. When asked why he failed to provide valid evidence that he created Bitcoin, Wright said that it was his knowledge and work that proved his identity, not the possession of private keys. This statement once again sparked discussions about the true identity of Bitcoin’s founder.

Finoa, a German-based crypto custody and staking service provider, has completed a US$15 million strategic round of financing. Maven 11 Capital and Balderton Capital co-led the investment, with participation from Blue Bay Ventures, Signature Ventures, Coparion and Venture Stars. The round of equity financing began in June last year and closed in December. Finoa initially hoped to raise $5 million to $6 million in the round from existing investors, but ultimately raised more money given outsid...

Finoa, a German-based crypto custody and staking service provider, has completed a US$15 million strategic round of financing. Maven 11 Capital and Balderton Capital co-led the investment, with participation from Blue Bay Ventures, Signature Ventures, Coparion and Venture Stars. The round of equity financing began in June last year and closed in December. Finoa initially hoped to raise $5 million to $6 million in the round from existing investors, but ultimately raised more money given outsid...

According to The Block, the latest revised S-1 filing shows that BlackRock has injected $10 million in seed funding for its Bitcoin spot ETF. Seed funding is when banks and brokerages contribute money to purchase constituent stocks (in this case, Bitcoin) in exchange for shares of the ETF that can be traded on the open market on the first day of listing. Bloomberg analyst James Seyffart believes that the injection of seed funds may mean that the ETF will be launched soon.

According to The Block, the latest revised S-1 filing shows that BlackRock has injected $10 million in seed funding for its Bitcoin spot ETF. Seed funding is when banks and brokerages contribute money to purchase constituent stocks (in this case, Bitcoin) in exchange for shares of the ETF that can be traded on the open market on the first day of listing. Bloomberg analyst James Seyffart believes that the injection of seed funds may mean that the ETF will be launched soon.

MPC wallet company Fordefi announced the completion of US$10 million in financing, led by Electric Capital, with participation from Paxos and Alchemy. It is reported that Fordefi is expanding its self-hosted MPC wallet products to service platforms for retail investors, such as exchanges, financial technology platforms and Web3 companies, and further reducing the risk of interaction with DeFi applications. According to previous news, Fordefi completed a seed round of US$18 million in 2022, le...

MPC wallet company Fordefi announced the completion of US$10 million in financing, led by Electric Capital, with participation from Paxos and Alchemy. It is reported that Fordefi is expanding its self-hosted MPC wallet products to service platforms for retail investors, such as exchanges, financial technology platforms and Web3 companies, and further reducing the risk of interaction with DeFi applications. According to previous news, Fordefi completed a seed round of US$18 million in 2022, le...

According to L2BEAT data, the current total locked-up volume of the Ethereum Layer 2 network is US$23.35 billion, an increase of 8.37% on the 7th. The top five locked positions are: Arbitrum One (USD 11.52 billion, an increase of 7.17% on the 7th); OP Mainnet (USD 5.92 billion, an increase of 12.56% on the 7th); Manta Pacific (USD 1.63 billion, an increase of 1.41% on the 7th); Base (USD 807 million, an increase of 8.23% on the 7th); Metis (USD 752 million, an increase of 16.94% on the 7th).

According to L2BEAT data, the current total locked-up volume of the Ethereum Layer 2 network is US$23.35 billion, an increase of 8.37% on the 7th. The top five locked positions are: Arbitrum One (USD 11.52 billion, an increase of 7.17% on the 7th); OP Mainnet (USD 5.92 billion, an increase of 12.56% on the 7th); Manta Pacific (USD 1.63 billion, an increase of 1.41% on the 7th); Base (USD 807 million, an increase of 8.23% on the 7th); Metis (USD 752 million, an increase of 16.94% on the 7th).