LianGuaiWeb3.0 Daily | Bitcoin ETF applicant in discussions with US SEC enters critical technical details

LianGuaiWeb3.0 Daily | Prospective Bitcoin ETF Applicant in Talks with US SEC, Reveals Key Technical Details

DeFi Data

1. Total Market Cap of DeFi Tokens: $71.138 billion

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DeFi total market cap and top 10 tokens data source: coingecko

2. Trading Volume of Decentralized Exchanges in the past 24 hours: $4.8 billion

Trading volume of decentralized exchanges in the past 24 hours data source: coingecko

3. Locked assets in DeFi: $50.373 billion

Data source: defillama

NFT Data

1. Total Market Cap of NFTs: $27.669 billion

Total market cap and top 10 projects ranking data source: Coinmarketcap

2. 24-hour Trading Volume of NFTs: $6.301 billion

24-hour trading volume and top 10 projects data source: Coinmarketcap

3. Top NFTs in the past 24 hours

Top 10 NFT sales in the last 24 hours, source: NFTGO

Headlines

Insiders: Bitcoin ETF applicants in crucial technical discussions with the US SEC

LianGuai reports that industry executives say discussions between the US securities regulatory agency and asset management firms regarding the listing of Bitcoin exchange-traded funds (ETFs) have entered crucial technical details, indicating that the agency may soon approve these products. This includes regulatory arrangements, subscription, and redemption mechanisms. Sources said that because the discussions are private, they have requested anonymity. Companies such as Grayscale Investments, BlackRock (BLK.N), Invesco, and ARK Investments are among the 13 companies submitting applications to the US Securities and Exchange Commission (SEC) for tracking Bitcoin price ETFs, pending approval.

NFT News

1. ForbesWeb3: Wallet created for long-term NFT collection

LianGuai reports that the ForbesWeb3 community announced on social media that they have created their own wallet specifically for long-term NFT collection.

2. Ordinals Wallet: Server experiencing issues, working to restore online status

LianGuai reports that Ordinals Wallet stated on the X platform that their server is experiencing issues and they are working to restore online status. Please be patient and wait.

DeFi News

1. Flipkart to build L2 network using Polygon CDK

December 7th news, India’s largest e-commerce retailer Flipkart is launching FireDrops 2.0, an Ethereum-based zero-knowledge (ZK) Layer2 network built using the Polygon Chain Development Kit (CDK), to expand its FireDrops Web3 loyalty program. FireDrops 2.0 will be supported by Hang’s loyalty platform and aims to incentivize brand loyalty through gamification. Since its launch in September, FireDrops has attracted over 3.3 million wallets holding at least one NFT, with nearly one-third belonging to female shoppers. Previously, Flipkart, an Indian e-commerce company owned by Walmart, launched the metaverse product Flipverse on Polygon in October 2022 and announced a blockchain e-commerce center in December 2022.

2. ETHS: Wait time for bridging back to Ethereum from Facet-VM to be reduced to 3 days

December 7th news, ETHS announced on the X platform that starting from tomorrow, the (waiting) time required to bridge back from Facet-VM to Ethereum will be reduced from 5 days to 3 days, eventually achieving instant settlement.

3. Coinbase: Trading of QUICK and POLY tokens disabled

LianGuai reports that Coinbase Assets announced the disabling of Polymath (POLY) token trading yesterday and today disabled QuickSwap (QUICK) token trading services. However, users can still access and withdraw funds at any time.

4. LBank adds BRC20 trading section to spot trading platform

December 7th news, according to official sources, LBank officially launched the BRC20 trading section in its spot trading platform on December 6th at 22:00 (UTC+8). LBank stated that this move is in response to the rapid growth of the BRC20 market and aims to improve user trading experience. In the initial stage, multiple BRC20 trading pairs including ORDI, SATS, RATS, MUBI, GROK, and BSSB will be provided.

5. Encryption Wallet MPCVault Adds Support for Solana

LianGuai reports that the encryption wallet MPCVault has announced support for Solana, allowing users to create wallets that support all SPL tokens, explore the Solana ecosystem, and interact with DApps using MPCVault’s browser extension. Users can establish access control and transaction strategies based on the trading volume in USD.

Disclaimer: As a blockchain news platform, LianGuai’s published articles are for informational purposes only and should not be taken as actual investment advice. Please establish a correct investment philosophy and always increase risk awareness.

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