Daily Report | OKX launches its cryptocurrency exchange and Web3 wallet in the Netherlands; Australia's first spot Bitcoin ETF will start trading tomorrow; Matter Labs abandons all trademark applications for the term "ZK"
June 3 News OverviewOrganizer: Luan Peng, ChainCatcher
Important News:
- He Yi offers 5 security suggestions to users: build isolation, clear, use incognito, prioritize privacy, and set permissions
- LADYS confirms $5 million investment from DWF Labs
- Shenzhen Municipal Financial Office issues risk warning regarding virtual currency trading speculation
- OKX launches its cryptocurrency exchange and Web3 wallet in the Netherlands
- Market news: Australia's first spot Bitcoin ETF will start trading tomorrow
- Binance will delist OMG, WAVES, WNXM, XEM
- Hong Kong Financial Secretary: Very optimistic about the development of virtual assets in Hong Kong
"What important events happened in the past 24 hours"
Recently, an investor claimed that his $1 million in his Binance account had disappeared, stating he became a "sacrificial victim of an undercover in the crypto circle." In response, Binance co-founder He Yi stated that the team is conducting a review and the official response will be released shortly.
Additionally, He Yi provided the following security suggestions to users:
Isolation: Create a separate Chrome user to log into DAPP, and do not install plugins;
Clear: Log out of any APPs involving funds promptly after use, and do not stay online to avoid risks from cookies;
Incognito: Use incognito mode to open web pages and disable any plugins;
Privacy: Use a separate device for fund operations, and it is recommended to use an Apple phone for transactions due to its higher security;
Permissions: Set the permissions for fund operations to automatically log out within a few minutes, similar to many traditional banking software practices.
LADYS confirms $5 million investment from DWF Labs
Milady (LADYS) announced that it has received a $5 million investment from DWF Labs.
The Shenzhen Municipal Bureau of Local Financial Supervision issued a risk warning regarding virtual currency trading speculation on June 2, reminding citizens that virtual currency trading carries legal risks and may involve illegal financial activities and fraud. It urged citizens to enhance their risk awareness to avoid becoming victims of illegal fundraising and other fraudulent activities, and suggested that those who have participated in virtual currency trading should exit as soon as possible and report to relevant authorities.
OKX launches its cryptocurrency exchange and Web3 wallet in the Netherlands
OKX announced today the official launch of its trading platform and OKX wallet in the Netherlands. This CEX will allow Dutch customers to trade approximately 150 cryptocurrencies, offering at least 60 euro trading pairs.
OKX has integrated with a local payment system called iDeal, providing seamless euro deposit and withdrawal services.
After the integration, OKX's Dutch customers can deposit euros into their accounts for free. OKX deposits and withdrawals can also be made through the European payment system "Single Euro Payments Area" (SEPA).
Market news: Australia's first spot Bitcoin ETF will start trading tomorrow
According to Watcher.Guru, Australia's first spot Bitcoin ETF will start trading tomorrow.
Binance will delist OMG, WAVES, WNXM, XEM
According to an official announcement, Binance has decided to stop trading and delist the following cryptocurrencies on June 17 at 11:00 (UTC+8): OmiseGO (OMG), Waves (WAVES), Wrapped NXM (WNXM), NEM (XEM).
Hong Kong Financial Secretary: Very optimistic about the development of virtual assets in Hong Kong
Financial Secretary Paul Chan Mo-po, while briefing the Financial Affairs Committee on Hong Kong's economic situation, was asked by Legislative Council member Wu Jiezhuang: "Due to recent large overseas exchanges being unable to obtain virtual asset platform operation licenses in Hong Kong, the public questions how Hong Kong's finance balances innovation and risk?"
Hong Kong Financial Secretary Paul Chan Mo-po replied: "For virtual asset platform operation licenses, we apply the same level of risk, same rules, and same level of supervision for all exchanges. I am very optimistic about the development of virtual assets in Hong Kong."
Data: TON ecosystem meme coins surge, REDO, TONY, RECA all rise over 40% in 24 hours
According to Coingecko, the TON ecosystem meme coins have surged, including:
Resistance Dog token REDO is currently priced at $0.8101, with a 24-hour increase of 52%;
DOGWIFHOOD token WIF is currently priced at $0.003937, with a 24-hour increase of 14.0%;
TONY THE DUCK token TONY is currently priced at $0.002765, with a 24-hour increase of 75.2%;
Akita Inu token AKITA is currently priced at $0.00004136, with a 24-hour increase of 47.6%;
The Resistance Cat token RECA is currently priced at $0.3412, with a 24-hour increase of 45.0%.
Singer Justin Bieber holds $575,011 worth of cryptocurrency
Singer Justin Bieber holds $575,011 worth of cryptocurrency, including 146.478 ETH, valued at $550,000.
Additionally, comedian and television host Jimmy Fallon holds $142,324 worth of cryptocurrency, of which $129,340 is ETH. Basketball legend Shaquille O'Neal holds $3,655 on-chain, primarily in Apecoin (APE). American actress and entrepreneur Gwyneth Paltrow holds $14,685 worth of cryptocurrency.
Matter Labs abandons all trademark applications for the term "ZK"
Matter Labs, the entity behind zkSync, announced on X that it has decided to abandon all trademark applications for the term "ZK."
"What are the noteworthy articles to read in the past 24 hours"
"New money" is fierce, crypto newcomers donate over $200 million for the U.S. elections
Tech newcomers are expressing their interests by providing campaign funding to crypto-friendly candidates, which is also influencing U.S. politicians' attitudes towards crypto assets.
Following the series of "appeasement" measures by Trump and Biden towards crypto, another U.S. presidential candidate, Robert F. Kennedy Jr., has also endorsed crypto technology, stating that "cryptocurrency is a symbol of freedom and transparency," and purchased 21 bitcoins during his campaign to show support for using cryptocurrency as a medium of exchange.
The weight of crypto influence is not only due to the growing number of young crypto voters but also the proactive "cash power" of crypto and the significant "think tanks" in the crypto space.
Last week, after Ripple announced a $25 million donation to the crypto super PAC Fairshake, a16z also announced a $25 million donation to Fairshake.
Consensus conference lacks consensus, Meme mountain is overcrowded
The joys and sorrows of people do not resonate with each other.
In addition to not taking over from each other, there is also a mutual lack of attention to market hotspots.
For example, today, everyone is only concerned about the soaring NOT and the return of RoarKitty driving GME-related memes, forgetting that today is also the important day of the annual Consensus conference in the industry.
Since 2015, the Consensus conference hosted by CoinDesk has become one of the most important annual gatherings in the global blockchain and cryptocurrency field. At that time, it was once a barometer of technological innovation and a weather vane for investment and regulatory trends.
Each year's conference generally gathers global crypto industry elites to discuss and shape the future direction of technology and markets.
And often at this time each year, there are reports about new viewpoints or topics released at the conference.
However, this year, it seems that there is no consensus at the Consensus conference.
a16z: 5 strategies for Web3 projects to achieve product-market fit
Investors and entrepreneurs (including myself) have spent decades thinking about and pursuing product-market fit, and now we can define this concept for builders as simply as understanding the commercial value of a product. One definition of product-market fit that I like comes from Eric Ries: "When a startup finally finds a broad customer base that resonates with its product." It sounds simple, and companies that successfully find product-market fit make it all look easy. But in reality, the rare fusion of skills and environment required for success is often very challenging, even for the best and most experienced founders.
We have various tools and know various processes and best practices to find product-market fit: from deep detection of conversion funnels to complex multivariate testing. However, compared to the magic and joy that comes from ultimately matching a quality product with a huge market, traditional methods may seem somewhat academic. Especially since Web3 projects face a series of unique challenges: the playbook is still being written, the underlying infrastructure is still developing, and so on.
Nevertheless, classic wisdom about product-market fit is very applicable to cryptocurrency: find it, or you will ultimately fail. New startups must focus on pursuing product-market fit. Furthermore, to surpass all other competitors and solidify market leadership. So how should Web3 companies pave the way for future success? Here, I share five launch strategies for Web3 teams, from new customer research methods to building incentive systems that reinforce product-market fit, every step is crucial.
