Evening News | Upbit operator Dunamu's Q1 operating profit is approximately $160 million; Ordinals cumulative minting quantity exceeds 10 million pieces
The Wanxiang Blockchain Lab and HashKey Capital jointly launched the Web3.0 innovation incubation platform Future3 Campus, and will also introduce the first phase of a $50 million Web3.0 seed fund.Organizer: Biscuit, ChainCatcher
"What Important Events Happened in the Last 24 Hours"
1. Upbit Operator Dunamu Q1 Financial Report: Operating Profit Approximately $160 Million, Down Over 26% Year-on-Year
The latest quarterly report released by Dunamu, the operator of the South Korean cryptocurrency exchange Upbit, shows that the consolidated operating revenue (sales) for Q1 2023 was 304.8 billion KRW (approximately $231 million), a decrease of 28.6% compared to the same period last year; operating profit was 211.9 billion KRW (approximately $160 million), down 26.3% from the previous year (287.8 billion KRW); net profit was 326.3 billion KRW ($247 million), an increase of 54.9% year-on-year. (Source link)
2. Wanxiang Blockchain Lab and HashKey Capital Jointly Launch Web3.0 Innovation Incubation Platform Future3 Campus
Wanxiang Blockchain Lab and HashKey Capital have jointly launched the Web3.0 innovation incubation platform Future3 Campus, which has opened its first recruitment phase. A maximum of 15 outstanding teams selected will receive three months of in-depth incubation and up to nine months of long-tail tracking, including comprehensive entrepreneurial support such as technical guidance, product strategy, professional training, resource connection, publicity exposure, market activities, and financing services.
It is reported that Future3 Campus focuses on three major tracks: Web3.0 Massive Adoption, DePIN, and AI, with Shanghai, the Guangdong-Hong Kong-Macao Greater Bay Area, and Singapore as the main incubation bases, radiating the global Web3.0 ecosystem. Additionally, Future3 Campus will launch a seed fund of $50 million for Web3.0 project incubation. (Source link)
3. BKEX: Platform Will Suspend Withdrawals to Cooperate with Police Due to User Funds Involved in "Money Laundering"
BKEX announced that user funds on the platform are involved in "money laundering," and BKEX is currently cooperating with the police to collect evidence. As a result, withdrawals will be suspended to facilitate this work. The BKEX team will fully cooperate with the regulatory investigation and do its utmost to restore normal operations of the exchange. (Source link)
4. Data: Bitcoin NFT Protocol Ordinals Has Minted Over 10 Million Pieces
Dune data shows that the number of Inscriptions (similar to NFTs) minted using Ordinals has surpassed 10 million, with cumulative fee revenue of 1,578.4611 BTC, approximately $44,143,173. Previously, the total number of Ordinals inscriptions minted exceeded 5 million on May 10. (Source link)
5. Japan's Central Bank CBDC Pilot Project Launched in April
The Bank of Japan (BOJ) released the results of the second phase of its Central Bank Digital Currency (CBDC) proof of concept (PoC) experiment and confirmed that its CBDC pilot project was launched as scheduled in April. The second phase of the PoC ran for one year from April 2022 to March 2023, testing the technology for implementing limits on CBDC holdings to ensure the stability of the financial system, such as preventing sudden transfers of bank accounts to CBDC, and examining user convenience in initiating and scheduling payments. (Source link)
6. Bitcoin Discount on Binance Australia Reaches 17.7%
According to Bloomberg, as of 13:10, the trading price of Bitcoin on Binance Australia was AUD 34,863 (USD 22,670), approximately AUD 7,516 lower than the average price on platforms like Independent Reserve and CoinJar, resulting in a discount of 17.7%. Additionally, tokens like ETH and SOL also had discounts of about 20%.
ChainCatcher previously reported that Binance announced it would remove the following spot trading pairs on June 1 at 14:00 Beijing time: ADA/AUD, AUD/BUSD, AUD/USD, BNB/AUD, BTC/AUD, DOBE/AUD, ETH/AUD, GALA/AUD, MATIC/AUD, SOL/AUD, XRP/AUD. (Source link)
7. Australian Crypto Exchange TrigonX Affected by FTX Incident to Restart
According to Cointelegraph, the Australian cryptocurrency exchange TrigonX will restart, having passed the restart contract and received approval from creditors.
TrigonX was established in 2014 and was one of many institutions affected by the sudden bankruptcy of FTX, with debts exceeding $50 million after the FTX collapse, unable to meet withdrawal requests, and appointed administrators on December 16, 2022. (Source link)
8. Data: Hashed Deposits 23.13 Million SAND into Binance, Approximately $12.9 Million
According to Lookonchain monitoring, Hashed deposited 23.13 million SAND (approximately $12.9 million) into Binance 30 minutes ago. (Source link)
"What Interesting Articles Are Worth Reading in the Last 24 Hours"
1. "What Are the 27 Projects That Received Investment from Top Crypto VCs in April?"
Even though the current market environment is still quite poor, investment events still occur daily, and top crypto VCs continue to make significant investments in NFT, Web3 games, CeFi, DeFi, L1&L2, Web3 services, infrastructure, and other tracks. Which tracks and projects are VCs optimistic about recently? This article will review 27 projects that received investment from top crypto VCs in April to help readers quickly understand.
High issuance costs have always been one of the reasons affecting the Bitcoin NFT market. Although there have been many BRC-XXX protocols recently, the author believes that BRC-1155 and GBRC-721 have found a good balance between maintaining the "original flavor" of Bitcoin NFTs and reducing issuance costs.
3. "Looking at the Crypto Market from 2028"
In 2023, we face an uncertain future, with inevitable tailwinds and strong headwinds. Compound VC investor 0XSMAC attempts to think internally about the subtle progress in categories we care about to understand how our world develops year by year and how cryptocurrency as an industry and technology plays its role in this evolution.
