Coin World News Report:
DeFi Data
1. Total market value of DeFi tokens: $79.246 billion
DeFi total market value, data source: coingecko
2. Trading volume of decentralized exchanges in the past 24 hours: $5.827 billion
Trading volume of decentralized exchanges in the past 24 hours, data source: coingecko
3. Locked assets in DeFi: $87.61 billion
Top ten DeFi project locked assets and lockup volume, data source: defillama
NFT Data
1. Total market value of NFTs: $2.892 billion
Total market value of NFTs and top ten projects by market value, data source: Coinmarketcap
2. NFT trading volume in the past 24 hours: $2.078 billion
Total market value of NFTs and top ten projects by market value, data source: Coinmarketcap
3. Top ten NFTs with sales growth in the past 24 hours
Top ten NFTs with sales growth in the past 24 hours, data source: NFTGO
Headlines
Tesla’s Bitcoin holdings remain unchanged in Q3 2024
Tesla’s Bitcoin holdings remained unchanged in the third quarter of 2024.
Tesla reported revenue of $25.18 billion in the third quarter, analysts expected $25.43 billion, compared to $23.35 billion in the same period last year. Net profit for the third quarter was $2.167 billion, market expectations were $1.78 billion, compared to $1.853 billion in the same period last year.
NFT Hotspot
1. NFT market BlueMove receives strategic investment from Victus Capital
According to reports, BlueMove, a multi-chain NFT market designed based on the Move language public chain, has announced that it has received a strategic investment from the crypto hedge fund Victus Capital.
DeFi Hotspot
1. Kraken plans to launch its native blockchain network next year
According to reports, cryptocurrency exchange platform Kraken plans to launch its native blockchain network next year.
2. Adrastea Finance liquidity repledging protocol goes live in beta version
On October 24th, Adrastea Finance, a Solana liquidity repledging protocol, announced that it has launched its beta version. Adrastea Finance is built based on Solayer and won the AVS track championship in the Radar hackathon jointly hosted by Superteam Earn and Solayer.
3. Binance completes Worldcoin (WLD) mainnet integration
According to reports, Binance has completed the mainnet integration of Worldcoin (WLD) and opened deposit and withdrawal services.
4. Opinion: ZK proofs are too complex for decentralized identities, not conducive to government and institutional adoption
On October 24th, Ingo Rübe, CEO and co-founder of decentralized identity provider KILT Protocol, stated that the highly technical nature of ZK proofs makes it difficult for governments and institutions to adopt. He explained that decentralized identifiers (e.g., biometric data) can be selectively shared with parties and verified on the chain using Merkle trees, which is easier, faster, and more efficient than ZK proofs.
5. Twine, a multi-chain settlement network, releases project overview
On October 24th, Twine, a multi-chain settlement network, released a project overview. The project aims to allow users to access liquidity on multiple chains such as Ethereum, Solana, and Bitcoin through a single platform, aggregating multiple chains to achieve seamless user experience and Dev X. Toly, co-founder of Solana, retweeted the tweet, saying that a single execution environment can adapt to multiple DA layers and provide better strong anti-censorship exit guarantees than honest-majority multi-signature, which I think is cool.
6. Base mainnet to introduce fault proofs on October 30th
According to the official announcement from Base, the Base mainnet will introduce fault proofs on October 30th, marking an important step towards decentralization. After the introduction of this mechanism, anyone can monitor and challenge invalid withdrawal transactions without permission, eliminating the need for third-party trust. The Base team stated that they have been working closely with Optimism to ensure the smooth launch and security upgrade of fault proofs. During the upgrade, all pending withdrawal transactions will need to be revalidated.
Game Hotspot
1. Monad ecosystem game developer Opti Games raises $2 million, with participation from YGG and others
According to reports, Opti Games, the developer of the online sports combat game Sparkball based on the Monad blockchain platform, has announced that it has raised $2 million. L1D led the round, with participation from CMS Holdings, Impossible Finance, blockchain game guild Yield Guild Games (YGG), Monad, and others. The game is closely collaborating with blockchain gaming communities such as Wolves DAO, YGG, and XBorg for game development and support. The new funding will be used to support Sparkball in launching its Season Zero event for growth.
2. Blockchain gaming platform Party Icons raises $9 million in seed funding
Web3 mobile gaming platform Party Icons has announced the completion of a $9 million seed funding round, led by Bitkraft Ventures, with participation from IDG Capital and Sebastien Borget, co-founder of The Sandbox. Party Icons’ mission is to combine the social cohesion of party games with the excitement of shooter games. Like Borget’s The Sandbox project, the developers of Party Icons seem to envision it as a platform where people can not only play games but also socialize. The statement states that Party Icons currently has “three different modes.”
Disclaimer: As a blockchain news platform, the content of the articles published is for informational reference only and should not be taken as actual investment advice. Please establish the correct investment concept and be sure to increase risk awareness.
