Coinbase plans to hire 2,000 employees this year; RSS3 announces roadmap | February 15 Daily Report
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"What are the truly important things today?"
1. Coinbase plans to hire 2,000 employees in product, engineering, and design this year
Coinbase's Chief People Officer LJ Brock announced today that Coinbase plans to hire up to 2,000 employees in its product, engineering, and design teams this year to expand its existing products and build new ones. LJ Brock stated that Coinbase is also expanding to include products that host user-generated content (such as NFTs), while the plans for the Coinbase wallet are also "ambitious," with the team working to enhance its security, usability, and accessibility. (Source link)
2. Insider: Russian central bank and finance ministry fail to reach consensus on crypto regulation policy
Insiders revealed that senior officials from the Russian central bank and finance ministry failed to reach an agreement on cryptocurrency regulation policy during a meeting on Tuesday.
According to last week's report from the Russian newspaper Kommersant, the finance ministry and central bank were supposed to draft a legal proposal on this matter by February 18. However, according to a letter seen by Bloomberg, the central bank believes that the risks associated with crypto are too high and proposed a ban, which was confirmed by the central bank's news service. The central bank stated that cryptocurrencies are akin to pyramid schemes, posing threats to people's financial situations, the financial system, and the economy.
Meanwhile, the government hopes to regulate cryptocurrencies to bring them out of the regulatory gray area to attract investment. (Bloomberg)
3. Binance Labs announces launch of Q4 incubation program, focusing on infrastructure, DeFi, blockchain analytics, and more
Binance Labs announced the launch of its Q4 incubation program, aimed at the most promising blockchain projects, founders, and BUIDLers globally, with applications now open until February 28.
According to the announcement, Binance Labs accepts project valuations of up to $10 million, providing initial funding and multifaceted support. Key focus areas include infrastructure, decentralized finance, blockchain analytics tools, security and privacy, compliance and regulatory technology, and decentralized autonomous organizations. (Source link)
4. NFT project AOTAVERSE Discord attacked, team responds: compensating user losses, sale postponed by two days
The AOTAVERSE team stated that their Discord server was hacked at 5 AM Beijing time today, with hackers posting "phishing" links in their channels.
AOTAVERSE mentioned that most Discord servers use bots to help maintain the server, which typically require admin permissions to operate. The team determined that the hackers executed the attack through one of these bots. It is currently unclear which bot was compromised, so the team has shut down the entire Discord group to prevent further risks.
Regarding affected users, the team stated that they would compensate all user losses, and their NFT sales activities would also be postponed. The sale for Mekaverse holders has been delayed to 7 PM Beijing time on February 18, the whitelist presale has been postponed to 11:30 PM on February 18, and the public sale will take place at 12 PM on February 19. (Source link)
5. Streaming protocol Livepeer migrates all functions from Ethereum mainnet to Arbitrum
The decentralized streaming transmission protocol Livepeer announced the completion of a network upgrade, disabling protocol operations on the Ethereum mainnet and migrating all functions to the Arbitrum network. Livepeer stated that the rising gas fees on the Ethereum mainnet have made it difficult for network participants to operate effectively and profitably.
It is reported that any LPT tokens on the Ethereum mainnet need to be bridged to the L2 network to interact with the protocol. Additionally, starting today, Livepeer orchestrators will not earn rewards or inflation on the Ethereum mainnet, as these will be paid on Arbitrum. All coordinators must migrate their stakes to Arbitrum by February 21. LPT token stakers (delegators) can claim their LPT tokens and rewards on the Arbitrum network after February 21. (Source link)
6. Animoca Brands announces the launch of a Japanese subsidiary, completing $10 million seed round financing
Animoca Brands announced the launch of its strategic subsidiary Animoca Brands KK in Japan, having completed a seed round financing of 1.1 billion yen (approximately $10 million) last month to expand the global influence of Japanese IPs, including anime, games, and art.
Yesterday, Animoca Brands launched a $30 million blockchain gaming guild accelerator program in collaboration with Brinc. (Source link)
7. Information indexing and social protocol RSS3 unveils roadmap, sidechain to launch in Q4
The decentralized information indexing and social protocol RSS3 today unveiled its project roadmap.
According to the plan, the team will allow external nodes to operate starting in Q4 2022 and introduce an Ethereum sidechain specifically for RSS3-related activities; the mainnet may launch in Q4 2023, expanding ecological applications and fully implementing decentralized governance by DAO. (Source link)
8. Under pressure from protests, Canadian government invokes Emergencies Act to shut down crypto crowdfunding channels
The truck driver protests against COVID-19 restrictions have recently erupted in Canada, prompting the Canadian government to invoke the Emergencies Act yesterday to restrict funding to the protest groups.
Under this act, the government can freeze bank accounts without going through the court system and take other actions to forcibly end the protests. "We are expanding the scope of Canada's anti-money laundering and anti-terrorist financing rules to cover crowdfunding platforms and the payment providers they use," Canadian Deputy Prime Minister Chrystia Freeland stated at a press conference, noting that these actions will also cover cryptocurrencies.
It is reported that the crowdfunding account "GoFundMe" for the truck driver group was shut down at the request of the Canadian government on February 4, after which they turned to alternative financing methods, including Bitcoin. (Decrypt)
9. UK regulators seize NFTs for the first time in suspected tax fraud case
The UK's tax authority, HMRC, seized three NFTs in a suspected VAT fraud case valued at $1.9 million, reportedly marking the first such enforcement action in the country. It is reported that three suspects used a network of 250 fake companies, and in addition to the three NFTs, authorities also seized other types of crypto assets worth approximately £5,000. The value of the seized NFTs has not yet been assessed.
"This is our first seizure of NFTs and serves as a warning to anyone who thinks they can hide funds from HMRC using crypto assets," said Nick Sharp, Deputy Director of HMRC's Economic Crime Unit. "We are constantly adapting to new technologies to ensure we keep up with how criminals and tax evaders hide their assets." (Bloomberg)
"What are the Chain Catcher's editors watching?"
The NFT trading platform LooksRare has been reported to have conducted a massive cash-out, leading to a sharp decline in LOOKS. What is the real situation? How is the LOOKS distribution mechanism structured? This article attempts to provide an interpretation and analysis.
2. "Big companies flock to NFTs: on the rise, but afraid of being blown away by the wind"
Many domestic internet giants are entering the digital collectibles space, but many measures are quite cautious. This article reviews and analyzes these giants' risk control measures and argues that the biggest issue determining the development of domestic NFTs is whether it can be compliant, as its inherent financial attributes make regulation the core of everything.
3. "SeeDAO in-depth research report: analyzing the flourishing DAO ecosystem"
The DAO ecosystem is becoming an important part of the crypto world. This DAO ecosystem observation report mainly covers six relatively mature DAO organizations, including BanklessDAO, DAOrayaki, Friends with Benefits, People DAO, Seed Club, and YGG, to provide inspiration and reference experience for the industry.
The Flow public chain has once again become a hot topic in the industry with the recent Beijing Winter Olympics NFTs. This article provides a detailed overview of Flow's technical architecture and ecological development, which is valuable for understanding the Flow public chain ecosystem.
