LianGuaiWeb3.0 Daily | Beijing to build national blockchain network hub

LianGuaiWeb3.0 Daily | Beijing to Establish National Blockchain Network Hub

DeFi Data

1. DeFi Token Total Market Cap: $63.659 billion

vcf1TMJqUJe9NVP7RFWcJl8Hda6o0VJWXeVz2sG7.png

SlHZl77exj7twU28TVz9g6ICxU9eytDUIBYK0r8f.png

DeFi total market cap and top ten tokens data source: coingecko

2. 24-hour trading volume on decentralized exchanges: $4.604 billion

AyFd9arIhXE6Mrb6YYzEaovtD65ASI3mEMLwIxMC.png

lVolMhhusdtxB7CtxPX4eK3z2BDcIfAMlkaic9Fb.png

24-hour trading volume on decentralized exchanges data source: coingecko

3. Locked assets in DeFi: $46.764 billion

zfhDs5PCQ0xwVODB9GHsGJokal8SbljQ3LLYpDGo.png

LylCFAGmbun3TIZEsYtem6hZwLs0DNueLEDTNFgv.png

Data source: defillama

NFT Data

1. NFT Total Market Cap: $22.022 billion

WKVayH8S09uFFKuZaGs5ORHMPLI5rK0TJWM2mQNQ.png

RXnar5rcffz1smx1K8AapY8wphXMkjMRSpdi93rK.png

NFT total market cap and top ten projects data source: Coinmarketcap

2. 24-hour NFT trading volume: $2.785 billion

QOcpRpXC0hd1g2Nw2nLgrKTayureLxKpXBCuqsg8.png

8YWRBNV3jgMfpqFXpyFrlbNRfTnMTYwQg08AMhQh.png

24-hour NFT trading volume and top ten projects data source: Coinmarketcap

3. Top NFTs in the last 24 hours

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Top 10 NFTs sold within 24 hours – Source: NFTGO

    Headline

    Beijing to build national blockchain network hub

    LianGuai reports that the pilot zone for Beijing’s data infrastructure system has started operating. The pilot zone’s construction plan clearly states the intention to establish a national blockchain network hub. Through a new type of distributed data sharing and circulation infrastructure, it will support the construction of the national blockchain network, ensuring the secure, trustworthy, and orderly flow of data elements, and helping to seize the high ground in the development of the digital economy.

      NFT/Digital CollectiblesHot Topics

      1. ZenAcademy Founder: May Sell a Large Number of NFTs in the Next Few Weeks

      On November 13th, ZenAcademy and The333 Club founder Zeneca stated that he may sell a large number of NFTs in the coming weeks. Zeneca explained that he found himself overly invested in NFTs and hopes to reallocate to more balanced and wiser areas. I am not active in many communities, and having so many NFTs has led to portfolio fatigue and confusion over all the jpegs. This means that I will be reallocating around 90% of the value of my cryptocurrency portfolio from NFTs to about 30%, but I still have high hopes for NFTs, as 90% of it is madness.

        2. Bitcoin NFT Protocol Ordinals’ Inscription Total Minting Surpasses 40 Million, Protocol Fee Revenue Exceeds $90 Million

        LianGuai reports that according to the latest data from Dune Analytics, the total minting of the Bitcoin NFT protocol Ordinals’ Inscription has surpassed 40 million. At the time of writing, it has reached 40,089,490, with a current total transaction fee of 2,433.5307 BTC (approximately $90,286,981). Historical data shows that the inscription minting quantity of Ordinals surpassed 10 million on May 30th, 20 million on July 29th, and 30 million on September 10th. This metric has grown by over 33% in the past two months.

        DeFi Hot Topics

        1. Aave v3 Resumes Normal Operation After Temporary Suspension Due to Security Vulnerability

        LianGuai reports that Aave v3 has resumed normal operation after a temporary suspension due to a security vulnerability. The vulnerability, exposed on November 4th, affected various lending markets on Ethereum’s Aave V2 and Aave V3 on the blockchain, including Optimism, Arbitrum, Avalanche, and Polygon. To address the issue, DAO temporarily disabled the stable-rate lending feature to prevent any potential exploits. Yesterday, Aave announced the full functionality restoration of the V3 market, allowing users to deposit, repay, initiate, and close loan positions once again. DAO contributors have stated that they expect to reactivate the V2 market today. Detailed information regarding the nature of the vulnerability will be released by DAO at a later time.

          2. Justin Sun Bridges 40.66 Million USDD from BNB Chain to BitTorrent

          November 13th news, according to PeckShield data, Justin Sun transferred 40.66 million USDD (approximately $40.489 million) from BNB Chain to BitTorrent about half an hour ago.

          3. Napier Finance, the yield management protocol of Curve ecosystem, completes $1 million pre-seed financing

          According to LianGuai, Napier Labs, the yield management protocol of the Curve ecosystem, announced the completion of a $1 million pre-seed financing round. Curve Finance founder Michael Egorov, Convex Finance co-founder C2tP, Winthorpe, B Dash Ventures, and others participated. Napier Labs allows users to adopt diverse yield management strategies and lists assets of any fixed term on Napier (Curve). The market will provide incentives on Curve and Convex Finance, offering transaction fees, CRV, CVX, and Napier native tokens to liquidity providers.

          4. Rollup-as-a-service solution Karnot to launch beta version soon

          November 13th news, Rollup-as-a-service solution Karnot announced the upcoming launch of the beta version. Karnot is supported by Starknet sequencer Madara Starknet sequencer, which helps deploy application chains using the Starknet Stack and provides out-of-the-box RPC, proofs, cross-chain, and other services for application chains.

          5. Cardano founder willing to help Kraken build its L2 network

          According to LianGuai, Cardano (ADA) founder Charles Hoskinson posted on social media X that he is willing to help the Kraken cryptocurrency exchange build its L2 network. However, Conrad, the operator of Blade mining pool based on Cardano, pointed out that if Kraken chooses to develop on Cardano, it will enjoy the security and community of Cardano.

            Disclaimer: LianGuai, as a blockchain information platform, publishes articles for informational purposes only and does not constitute actual investment advice. Please establish the correct investment concept and improve risk awareness.

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