Daily Report ｜Data: Bitcoin spot ETF had a total net outflow of 77.35 million USD yesterday, Grayscale had a net outflow of 640 million USD; Honda collaborates with Darewise and Animoca Brands to introduce Honda car NFTs in the blockchain game Life Beyond, etc
Filecoin: In Q4 2023, active trading volume increased by 414% year-on-year, while total storage decreased by 15% quarter-on-quarter; Tornado Cash developers will receive donations from a new legal defense DAO.Organizer: Luan Peng, ChainCatcher
"What Important Events Happened in the Last 24 Hours"
1. Data: Bitcoin Spot ETF Saw a Total Net Outflow of $77.35 Million Yesterday, Grayscale Net Outflow of $640 Million
According to ChainCatcher, based on SoSoValue data, yesterday (Eastern Time, January 22) the total net inflow for Bitcoin spot ETFs was $77.35 million, with Grayscale (Grayscale Bitcoin Trust) ETF experiencing a net outflow of $640 million. Excluding Grayscale, other ETFs had a total net inflow of $562 million, with the highest single-day net inflow coming from BlackRock ETF IBIT at $260 million, followed by Fidelity ETF FBTC with a single-day net inflow of $158 million.
Currently, Grayscale (Grayscale Bitcoin Trust) ETF still holds $21.53 billion in net assets, while the total net asset value of Bitcoin spot ETFs is $25.89 billion. (Source link)
2. Filecoin: Q4 2023 Active Trading Volume Increased by 414% Year-on-Year, Total Storage Decreased by 15% Quarter-on-Quarter
According to ChainCatcher, Messari released a report on Filecoin for Q4 2023, stating that active trading volume increased by 414% year-on-year and 23% quarter-on-quarter. Due to a 15% quarter-on-quarter decrease in total storage, its storage utilization rate rose from 12.6% in Q3 2023 to 17.6%.
By the end of 2023, over 1,800 customers have introduced datasets on Filecoin, with 465 customers having datasets larger than 1000TiB, a 10% quarter-on-quarter increase and a 196% year-on-year increase. Additionally, since the launch of the Filecoin Virtual Machine (FVM) in March 2023, the TVL has exceeded $230 million by the end of 2023. (Source link)
3. Honda Partners with Darewise and Animoca Brands to Introduce Honda Car NFTs in the Blockchain Game Life Beyond
According to ChainCatcher, Darewise, a developer under Animoca Brands, announced a collaboration with Honda and Animoca Brands Japan to create new game mechanics and assets featuring Honda cars for the upcoming blockchain game "Life Beyond." This includes in-game items, events, and NFTs based on Honda models that players can use to travel within the game world.
It is reported that "Life Beyond" is a free online game developed by Darewise Entertainment, set on the fictional planet Dolos, offering an open world where players can build a civilization driven by a tokenized player economy using NFTs. (Source link)
4. Tornado Cash Developers to Receive Donations from New Legal Defense DAO
According to ChainCatcher, as reported by CryptSlate, a radical organization named "Free Pertsev & Storm" has established a new legal defense fund for the accused Tornado Cash developers Alexey Pertsev and Roman Storm.
The organization stated that the fundraising campaign will take place from January 22 to February 22 local time, noting that the defendants' legal fees will range from $90,000 to $100,000 per month. It added that "the coming months are crucial for formulating their defense strategy." Currently, donations can be made through three fundraising platforms, and as of 11 PM on January 22, the fundraising page for Free Pertsev & Storm on JuiceBoxDAO has raised 23 ETH (approximately $53,300) through 78 donations.
ChainCatcher previously reported that Roman S, a co-founder of Tornado Cash who was arrested, called for donations for his legal defense in a video on X. (Source link)
"What Interesting Articles Are Worth Reading in the Last 24 Hours"
1. “What Projects Are Worth Paying Attention to After the 2023 Web3 Grants Donation Round?”
Web3 Grants can be understood as protocols allocating a portion of their revenue or native tokens to incentivize protocols, projects, or research that benefit the entire Web3 ecosystem or a specific ecosystem. For projects, grants not only provide financial support but also signify endorsement and diversified support; for large protocols, grants help retain developers, thus promoting the development of the entire ecosystem.
This article selects the four most representative grants: the Ethereum Foundation Ecosystem Support Program (ESP), Gitcoin Grants, Optimism RPGF, and Uniswap Foundation Grants, attempting to find "hidden gems" from their 2023 donation projects and research.
2. “HashrateIndex: A Major Reversal - A Look Back at Bitcoin Mining in 2023”
2023 was a year of recovery for the Bitcoin mining industry. Bitcoin entered 2023 at nearly $17,000 following the market crash triggered by the collapse of the FTX empire. Hashrate prices remained below historical lows ($60 PH/day). The largest publicly traded mining company, Core Scientific, was undergoing bankruptcy liquidation, while many other mining companies like Iris, Greenidge, and Argo were restructuring their debts, with many more soon to follow. Due to compressed hashrate prices and rising electricity costs, many miners in North America were approaching their breakeven points.
However, 2023 surprised everyone. The price of Bitcoin quickly rebounded from its lowest point after the FTX collapse, achieving a 149% increase over the year. Hashrate prices rose by 71% in 2023, marking a significant reversal after a 76% drop in 2022; this recovery was largely driven by a bull market in transaction fees, primarily from inscriptions and ordinal activities, a new Bitcoin-based NFT/digital collectibles standard that generated record transaction fee revenue for miners. From most indicators, 2023 represented a complete reversal of the market crash in 2022.
OPNX, formerly known as GTX, is a new exchange launched by the founders of Three Arrows Capital, Su Zhu and Kyle Davies, along with CoinFLEX co-founder Mark Lamb. Its core innovation lies in supporting the tokenization of bankruptcy claims. Through this approach, OPNX aims to simplify the claims process, create a public market for trading bankruptcy claims, and facilitate the release of trapped capital.
