innovation

On March 27th, according to official news, Alibaba Cloud will launch a blockchain laboratory in Shibuya in April this year, which will be opened in cooperation with Skeleton Crew S

According to reports, the Shanghai Huangpu District Science and Technology Committee and Huangpu District Finance Bureau have issued the \”Huangpu District Policy Opinions on Accele

According to reports, data from Dune Analytics shows that the number of daily transactions of Arbitrum has exceeded that of Ethereum for six consecutive days since March 21. When A

According to reports, the White House Council of Economic Advisers released its annual report this week, stating that the encryption industry is seeking to survive outside the gove

On March 26th, cryptocurrency advocates said that many UK cryptocurrency companies find it difficult to obtain banking services because many banks completely restrict their interac

On March 25th, according to Glassnode data, the number of ETH non zero addresses reached a record high of 96112215.
The number of ETH non zero addresses hit a record high
On March

According to reports, French luxury fashion brand Balmain today launched its latest Web3 plan, launching a limited edition NFT based on its Unicorn footwear series, with each sports shoe equipped with a matching pair of limited edition real-world shoes. This release includes 130 limited edition unicorn sneakers that feature the same NFT shoes designed by Space Runners. Interpretation of this information: Balmain is a French luxury fashion brand that has recently launched its latest Web3 plan by introducing a unique addition to its Unicorn footwear series. The company has released…

According to reports, Zhao Changpeng, CEO of Coin An, tweeted that every ten years or so, a group of banks will fail. “We bailed them out, and then they fell into a bankruptcy cycle again, and the cost of each failure was higher.”. At the same time, it is very difficult for new banks to be allowed to participate in market competition. New banks are also required to operate in exactly the same manner as bankrupt banks. This does not meet the definition of a free market. A user suggested…

According to reports, Zhao Changpeng, CEO of Coin Security, tweeted that the cryptocurrency industry benefits from consistent and clear regulation, and we need to cooperate to achieve this goal. Competition drives innovation. Sound, risk based policies will help create a competitive environment. Innovation must be conducted in a responsible manner to protect users. Policymakers should effectively promote consistent and clear regulations. And crypto exchanges must continue to do the right thing, always putting users first. The encryption industry requires continuous progress on both sides, which cannot be replaced by each…

On March 17th, the Beijing Municipal Commission of Science and Technology, the Zhongguancun Science and Technology Park Management Committee, and the Beijing Municipal Bureau of Economy and Information Technology issued a notice on the “Work Plan for Promoting the Innovative Development of Beijing Internet 3.0 Industry (2023-2025)” to promote the innovative development of Beijing Internet 3.0 industry. Interpretation of this information: The Beijing Municipal Commission of Science and Technology, the Zhongguancun Science and Technology Park Management Committee, and the Beijing Municipal Bureau of Economy and Information Technology have issued a…

It is reported that the Hong Kong Monetary Authority (hereinafter referred to as the HKMA) will hold two high-level meetings in late March that mainly invite representatives of the central bank and regulators to attend, including the Basel Committee on Banking Supervision (BCBS) meeting held in Hong Kong from March 22 to 23, and a seminar held in Hong Kong with the Bank for International Settlements (BIS) on March 24. Yu Weiwen, the president of the HKMA, said that the seminar on “banking supervision in an era of innovation and…

According to reports, DeFiLlama data showed that the TVL of DeFi protocol dropped to 41.7 billion US dollars, of which Lido ranked first with 8.41 billion US dollars, MakerDAO ranked second with 7.03 billion US dollars, and AAVE ranked third with 4.37 billion US dollars. The TVL on the Ethereum chain fell to US $25.31 billion, and the index fell by 7% in the past 30 days (on February 11, the value was US $27.2 billion). Interpretation of this information: The DeFiLlama data shows that the Total Value Locked (TVL)…

It is reported that the British Chancellor of the Exchequer said that the British government regarded the issue of Silicon Valley banks as a “high priority”. In addition, the UK Ministry of Finance said, “We are stepping up the development of solutions to avoid or minimize the losses caused by the failure of Silicon Valley Bank. We will immediately put forward plans to ensure that the short-term operation and cash flow needs of customers of Silicon Valley Bank’s UK subsidiaries can be met.” Interpretation of this information: The message reports…

It is reported that Chris Zaknun, CEO of DAO Maker, created the “DegenZoo”, an alternative to the NFT project CryptoZoo, which was promised to be launched by the YouTube celebrity Logan Paul. The game was built within one month and tested for one month. It is planned to go online next week. It is reported that in addition to the code, the project uses AI technology in many aspects. Interpretation of this information: The creation of an alternative NFT project by Chris Zaknun, the CEO of DAO Maker, has been…

According to reports, the Federal Reserve Vice President Barr said that encryption technology still has “potential transformability”, but it needs to maintain “appropriate boundaries”. The banking industry should be cautious about cryptocurrency, and it is unsafe for banks to hold cryptocurrency directly. The Federal Reserve has set up a team to study cryptocurrency innovation. Interpretation of this information: The Federal Reserve’s Vice President Barr has warned about the potential dangers of cryptocurrency to the banking industry. Despite recognizing the “potential transformability” of encryption technology, he urged caution in its implementation…

It is reported that US legislators are planning to reintroduce a bill to reform the tax treatment of cryptocurrency. The bill, titled “Keeping the US Innovation Act”, jointly led by US Rep. Patrick McHenry and Ritchie Torres, will narrow the definition of cryptocurrency broker to “anyone (considering) who is ready to sell digital assets under the guidance of customers at any time in the ordinary process of trading or business”. Legislators hope to propose this reform because they believe that the current reporting requirements for companies inhibit innovation in the…

According to reports, Bank of America said that Starbucks’ Odyssey plan has seen early signs of success. Members can earn points by completing interactive journeys (in addition to buying drinks) and exchange points for interactive experiences, including participating in exclusive activities and international travel. Starbucks’ exploration of Web3 is “more comprehensive than the previous NFT attempts in the industry”. In addition, Starbucks can also generate permanent incremental revenue through the royalty flow related to secondary sales. At present, the price of some travel stamps has reached as high as $1900,…

It is reported that the Shanghai Municipal Commission of Science and Technology and others issued the “Plan for Promoting the Construction of the” Big Zero Bay “Science and Technology Innovation Policy Source Functional Zone”, which proposed to cultivate artificial intelligence industrial clusters. Focusing on the fields of intelligent hardware, intelligent robots and intelligent driving, and focusing on core technologies such as high-end chips, sensors and industrial software, we will cultivate a number of high-energy enterprises with international leading level and independent intellectual property rights. Relying on the Maqiao AI Innovation…

According to the report, the president and CEO of Porsche China Ke Shimai said that Porsche China has made many world-leading innovation achievements in the fields of virtual human, virtual conference platform, digital collections, augmented reality map system and so on. Earlier, Porsche China held the official press conference of the first digital collection of “911 Dreamers” in Shanghai to launch the first series of digital collections customized for Chinese users. (Liberation Daily) Interpretation of this information: Porsche China is making significant strides in innovation, as reported by Ke Shimai,…

It is reported that the official website of Zhejiang Provincial Government recently released the Guiding Opinions on Fostering and Developing Future Industries. The Guiding Opinions put forward that priority should be given to the development of nine industries, including the future network, the metauniverse, aerospace information, bionic robots, synthetic biology, future medical treatment, hydrogen energy and energy storage, cutting-edge new materials, and flexible electronics, and the exploration and development of six industries, including quantum information, brain science and brain-like intelligence, deep earth and deep sea, controlled nuclear fusion and nuclear…