Evening News | Zhao Changpeng, with a net worth of $28.2 billion, ranks third on the "25 New Financial Tycoons List"; Hong Kong will release guidelines for cryptocurrency trading platform licenses in May
First Republic Bank's market value has fallen below $1 billion, currently down nearly 40%; Web3 credit protocol Getaverse has received investment from LD Capital.Organizer: Grapefruit, ChainCatcher
"What Important Events Happened in the Last 24 Hours"
1. Web3 Credit Protocol Getaverse Receives Investment from LD Capital
According to ChainCatcher, the Web3 credit protocol Getaverse has received investment from LD Capital, with the specific investment amount not disclosed. As the first DID credit protocol project invested by LD Capital, Getaverse will receive comprehensive post-investment services from LD Capital. This investment will be used to expand the DID platform, develop the DID credit management system and AI components, and enhance user experience.
Getaverse is an innovative and scalable DID credit protocol, where users' DID identity information, credit scores, interaction behaviors, and other data are closely linked to the protocol, truly achieving multi-chain sharing of user DID identities from a technical perspective.
Currently, the Getaverse DID platform 2.0 has been launched, and the number of trusted verification nodes has exceeded 11,000. Getaverse will continue to leverage the advantages of the DID platform, standardize SBT technology, provide more SBT application cases, and promote innovation and development in the field of decentralized identity management. (Source link)
2. Hong Kong Securities and Futures Commission's Margaret Yang: Hong Kong Will Release Cryptocurrency Trading Platform Licensing Guidelines in May
According to ChainCatcher, Margaret Yang, CEO of the Hong Kong Securities and Futures Commission, stated that Hong Kong will release cryptocurrency trading platform licensing guidelines in May. (Jin10 Data)
3. First Republic Bank's Market Value Drops Below $1 Billion, Currently Down Nearly 40%
According to ChainCatcher, market data shows that First Republic Bank's market value has dropped below $1 billion, with its stock price falling below $5, a decline of about 40%.
ChainCatcher previously reported that the White House or the Treasury Department seems to have refused to pressure banks to force them to sell assets for self-rescue. In addition, some analysts attribute today's significant rebound in Bitcoin to the renewed turmoil in the U.S. banking sector.
4. Opinion: Bitcoin's Rise May Again Benefit from the U.S. Banking Crisis, First Republic Bank Halted Trading Twice During the Day
According to U.S. stock data, First Republic Bank's maximum decline today was nearly 20%, and trading was halted twice during the day, with the current decline narrowing to 16%. According to its previously released earnings report, First Republic Bank's customer deposits decreased by 40.8% this quarter due to customer withdrawals. The bank received a $30 billion cash injection in March, but quarterly outflows have exceeded $100 billion.
Additionally, according to CNBC citing sources, the U.S. White House or Treasury Department seems unwilling to pressure banks to formulate asset sale plans for First Republic Bank. (Source link)
5. Zhao Changpeng: Bloomberg's Report of "Having a Net Worth of $28.2 Billion" is Incorrect, Never Considered FTX a Competitor
According to ChainCatcher, Binance founder Zhao Changpeng (CZ) responded on Twitter to Bloomberg's previous report stating "CZ has a net worth of $28.2 billion," saying the data is incorrect, and he does not have that much personal wealth, expressing confusion over why Bloomberg would publish such a report. He also stated that he has never considered FTX a competitor and welcomes more communication in the field. (Source link)
6. Bloomberg: Zhao Changpeng with a Net Worth of $28.2 Billion Ranked Third in the "25 New Financial Tycoons" List
According to ChainCatcher, Binance CEO Zhao Changpeng has been listed by Bloomberg as one of the "25 Financial Giants Who Became Rich Through Computer-Driven Trading," with a net worth of $28.2 billion, ranking third. It is reported that most of his wealth was earned through the Binance exchange, which Bloomberg estimated to have an annual revenue of over $12 billion as of April 5.
Other crypto billionaires on the list include Citadel founder Ken Griffin, OPNX exchange investor Susquehanna founder Jeff Yass, and Kotak Mahindra Bank founder Uday Kotak from India. (Source link)
7. Messari: The Number of Users on Ethereum NFT Trading Platforms Decreased by About 85% in the Past 2 Months
According to ChainCatcher, data released by blockchain research firm Messari shows that from March 1 to April 20, the number of unique users on Ethereum network NFT trading platforms dropped from about 28,000 to only around 5,000, a decrease of approximately 85%.
Messari stated that this data clearly indicates that "professional" trading platforms, whether Blur or Opensea Pro, do not have a significant impact on long-term activity in the market. (Source link)
"What Exciting Articles Are Worth Reading in the Last 24 Hours"
Recently, the cross-chain infrastructure LayerZero raised $120 million in Series B funding at a valuation of $3 billion, making it a hot topic in the crypto community once again. However, aside from the "traffic" brought by airdrop expectations, does LayerZero truly achieve innovation in cross-chain bridges and provide users with a better cross-chain experience?
2. "Research on the Survival Status of NFT Trading Platforms (2): The Dead End of Trading Mining"
LooksRare and X2Y2 are representatives of the trading mining model and were among the earliest practitioners, continuing to this day. A significant characteristic of trading mining platforms is the extremely high unit price of each transaction. In a bear market, this characteristic is profoundly reflected in the very few users, yet it supports a massive trading volume on the platform.
3. "What New Opportunities Will the Cancun Upgrade Bring?"
The Ethereum Cancun upgrade is expected to take place later this year. What changes will this upgrade bring? Which protocols will benefit?
