Evening News | Italian luxury brand Prada will launch an NFT collection; Ethereum The Merge upgrade will start on the Ropsten testnet
Vice Premier Liu He: Strengthen research on network information technology and pay attention to technological innovations such as blockchain and digital currency.Organizer: Cookies, Chain Catcher
"What important events have occurred in the past 24 hours"
1. Vice Premier Liu He: Strengthen research on network information technology, emphasize technological innovations such as blockchain and digital currency
According to Xinhua News Agency, Liu He, a member of the Political Bureau of the CPC Central Committee and Vice Premier of the State Council, attended and spoke at the opening ceremony of the 16th Academic Conference of the Chinese Academy of Engineering on the morning of May 30. Liu emphasized that, in accordance with the requirements of "preventing the pandemic, stabilizing the economy, and ensuring safe development," efforts should be made to strengthen research in several areas based on existing work. Among them, he mentioned enhancing research on network information technology. Ensuring the controllability of the network technology system, strengthening the research and development of artificial intelligence technology, and emphasizing technological innovations such as blockchain and digital currency.
2. Ethereum The Merge upgrade will launch on June 8 on the Ropsten testnet
The Ethereum Foundation blog released an announcement about the Ropsten merge, stating that the Ethereum The Merge upgrade will launch on June 8 on the Ropsten testnet and will go live on the Ethereum mainnet later this year. The new Ropsten beacon chain was launched on May 30, providing consensus for the network.
Additionally, it is expected that on June 2, the Ropsten beacon chain will upgrade to merge-compatible protocol rules (Bellatrix) at slot 24000. After that, the terminal total difficulty (TTD) will be selected to activate the merge on the proof-of-work (PoW) chain. It is reported that another statement will be released on June 3, 2022, detailing the terminal total difficulty for the Ropsten merge.
3. Public chain Waves has launched the Waves DeFi Revival Plan, with its token rising 108% in 24 hours
The public chain Waves launched the Waves DeFi Revival Plan on May 27, aimed at helping all Waves protocol users avoid losses and restore the full functionality of DeFi protocols within its ecosystem.
The plan includes starting to purchase and lock CRV tokens, with 45% of WAVES staked in the algorithmic stablecoin protocol Neutrino (NSBT) to obtain funding, and voting incentives for USDN 3 pools to improve the demand for USDN; liquidating large accounts to control their collateral; selling collateral without violating USDN to return liquidity to Vires Finance and reduce utilization, thus meeting larger user withdrawals; and improving the Neutrino architecture through new restructuring tokens—using new Waves tokens for capital restructuring of Neutrino when under-collateralized.
According to DefiLlama data, the total locked value in the Waves ecosystem reached $1.11 billion, with a 24-hour growth of 20.9%. Additionally, today the price of WAVES broke $10, with a 24-hour increase of 108%.
4. Italian luxury brand Prada will launch the Prada Timecapsule NFT series on June 2
Italian luxury brand Prada will launch 100 Prada Timecapsule NFTs on June 2, giving users the opportunity to become the first holders of this NFT series by purchasing Timecapsule clothing. Additionally, Prada has launched a new community server for the NFT platform Prada Crypted on Discord. (Source link)
"What are some excellent articles worth reading in the past 24 hours"
As the empowerment of NFTs continues to grow, the application of NFTFi should not be limited to the subjects of NFTs. In the foreseeable future, NFTFi is likely to focus on the extended applications of empowerment and rights transfer, which is the most anticipated aspect. This article details dozens of NFT projects such as BendDAO, Genie, NFTX, and Abacus by listing pain points in the NFT market, covering categories like NFT lending, NFT liquidity solutions, NFT aggregators, NFT special pricing mechanisms and oracles, NFT derivatives, and NFT automated market makers.
2. "The Carbon Credit Tokenization Track is Heating Up, Which Early Projects are Worth Watching?"
Many startup crypto projects are attempting to tokenize traditional carbon credits, using blockchain encryption technology to transform carbon credit quotas into divisible, easily tradable, and transparently managed tokens to address issues in the carbon market. This article briefly introduces seven representative projects, including Flowcarbon, Klima DAO, Nori, JustCarbon, Toucan Protocol, Coorest, Powerledger, and Moss Earth.
3. "Why is the Moral Hazard of Blockchain So High?"
Corporate executives face a series of ethical and reputational risks when implementing blockchain projects. This article explores four types of risks—lack of third-party protection, threats to privacy, zero-state issues, and poor governance. At the end of the article, suggestions are provided on how blockchain can mitigate potential issues for developers and users.
