Evening News | The U.S. SEC will prioritize the regulation of cryptocurrencies and other emerging technologies this year; cryptocurrency companies are banned from advertising during this year's Super Bowl
The founder of BitMEX holds over 5 million dollars in LOOKS tokens, making him the largest individual holder of the project; India aims to launch a CBDC nationwide by the end of 2023.Organizer: Xiangxiang Xi, ChainCatcher
"What Important Events Happened in the Last 24 Hours"
1. U.S. SEC: Will Make Regulation of Cryptocurrencies and Emerging Technologies a Top Priority in 2023
The U.S. Securities and Exchange Commission (SEC) announced on its official website that it will prioritize the regulation of cryptocurrencies and other emerging technologies in 2023. The SEC will investigate broker-dealers and investment advisors using emerging financial technologies (including crypto technologies) to determine whether they meet the "prudent standard" expected by investors and whether they regularly review and update their risk management procedures. (Source link)
2. This Year's Super Bowl Has Banned Crypto Companies from Advertising
According to the Associated Press, Fox Sports, the live broadcast platform for the Super Bowl, stated that it has banned cryptocurrency advertisements for this year's Super Bowl following the collapse of the crypto exchange FTX. Mark Evans, the executive vice president of advertising sales at Fox Sports, mentioned that two cryptocurrency companies had already booked Super Bowl ads, and others were "close to finalizing deals," but those transactions stopped after news about FTX broke.
Statistics show that approximately 100 million viewers worldwide watch the Super Bowl each year, and last year's Super Bowl featured significant advertisements from Coinbase, Crypto.com, and FTX. (Source link)
3. Lookonchain: BitMEX Founder Holds Over $5 Million in LOOKS Tokens, Making Him the Largest Individual Holder of the Project
According to monitoring by Lookonchain, BitMEX founder Arthur Hayes is the largest individual holder of LOOKS tokens, currently holding approximately 17 million LOOKS (worth about $5.14 million).
It is reported that Arthur Hayes spent 1,786 ETH to purchase 10.68 million LOOKS between August 24 and November 3, 2022, at an average price of $0.258. Additionally, Arthur Hayes withdrew 4.82 million LOOKS from FTX in June 2022. (Source link)
4. India Aims to Launch CBDC Nationwide by the End of 2023
According to Coindesk, insiders have indicated that India hopes to launch its central bank digital currency (CBDC) nationwide by the end of 2023.
India launched two CBDC pilot programs last year. The first, CBDC-W, started on November 1, with nine banks participating. The second, CBDC-R, was launched on December 1 in four cities: Mumbai, New Delhi, Bangalore, and Bhubaneswar. CBDC-R is applicable to the private sector and Indian citizens, while CBDC-W is limited to financial institutions and aims to improve the efficiency of interbank payments.
Additionally, according to the Atlantic Council's Central Bank Digital Currency Tracker, 105 countries representing over 95% of global GDP are exploring CBDCs. (Source link)
5. OKX to Launch Blur Token Soon
According to an official announcement, OKX will launch Blur (BLUR) on February 14, 2023, with specific details on deposits and trading to be announced later.
Blur is an NFT trading platform and aggregator designed for professional NFT traders, supporting features such as fast purchasing and bulk listing. (Source link)
6. "Pudgy Penguins" Launches Sotheby's SBT
The NFT project "Pudgy Penguins" has officially launched Sotheby's Soulbound Token (SBT). As a digital certification solution, these SBTs will permanently serve as auction certifications and participation credentials for the NFT project. Pudgy Penguins stated that this move will further enhance accessibility in Web3. (Source link)
7. Federal Reserve Chair Powell: Disinflation Has Just Begun, Further Rate Hikes Necessary
According to CoinDesk, during a discussion about the economy with Carlyle Group co-founder, Federal Reserve Chair Jerome Powell stated that the "disinflationary process" has just begun and that further rate hikes are necessary. The Federal Reserve will need a long time to be ready to announce victory in the fight against inflation. (Source link)
"Notable Articles Worth Reading in the Last 24 Hours"
1. “Arthur Hayes: After Missing the Bounce, I Decided to Enter the Market”
Arthur Hayes had previously avoided participating in the market due to concerns about unpredictable changes in macroeconomic policy and issues in the crypto industry, but he later changed his perspective. Although the market has rebounded nearly 50% from its lows, Arthur Hayes believes there is still significant potential ahead. He is confident that if Bitcoin and Ethereum continue to rise, there will definitely be a shitcoin vertical market going crazy in the coming months.
2. “Web3 Domain Industry Report: Ecology, Holding Analysis, and Potential Opportunities”
This industry report provides an in-depth and comprehensive analysis of Web3 domains, including a basic introduction to Web3 domains, registration and trading of Web3 domains, holding analysis of Web3 domains, the ecology of Web3 domains, and future prospects for Web3 domains.
3. “a16z: Generative AI, the Next Consumer Platform”
We have entered the era of generative artificial intelligence. Use cases are everywhere—from writing papers to creating comics to editing films—and the adoption rate has surpassed every consumer technology trend of the past decade. The text generator ChatGPT reached 1 million users in just five days, and tens of millions of consumers have created AI avatars. The A16z research team believes that one of AI's most powerful capabilities is its ability to personalize user experiences, and this customization will become a core value pillar for many AI-supported products.
