Art Blocks is experiencing a resurgence in popularity, with transaction volumes reaching levels not seen since the bear market. On May 22, Art Blocks achieved over $1 million in trading volume, with major sales including Ringers #30 and a 370 ETH Fidenza sale. The influx of activity is primarily driven by popular collections such as Chromie Squiggles. The recent Sotheby's Grails auction, which included sales of Fidenza #725 and Autoglyph #187, has contributed to the positive momentum and increased recognition of digital and generative art. Additionally, Art Blocks has announced a new project called Prohibition, which aims to make generative art accessible to everyone and will be deployed on Arbitrum. These developments have stimulated interest and demand in the NFT market, reinforcing market confidence.
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Art Blocks Revives with Major Sales Following Sotheby's 3AC Auction
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Hong Kong's financial industry may study launching stablecoin trading desks and institutional custody services
Hong Kong Monetary Authority recently announced the list of participants in the stablecoin issuer sandbox, including JD Coin Chain, Circle Coin Innovation, Standard Chartered Bank, Anni Group, Hong Kong Telecom and other institutions. Research reports released by Zeng Shengjun, a researcher at the Greater Bay Area Financial Research Institute of the Shenzhen Branch of Bank of China, and Guan Zhenqiu, a researcher at the Hong Kong Financial Research Institute of Bank of China, analyzed that the Hong Kong dollar stablecoin can improve the efficiency and inclusiveness of the Hong Kong financial system. Its stability, free convertibility, high security, high open source and cross-border mobility can provide support for a wider range of financial innovations. -
Harris: Ready to debate Trump on September 10
US Vice President Harris told reporters that she is ready to debate with Trump on September 10th. She said: "I agree to the previously agreed upon September 10th debate. He (Trump) agreed before, but now he is backing out. I am ready, and I think voters should see the division in this election on the debate stage, so I am ready. Let's get started." It is reported that Harris has gained enough support from delegates and is expected to become the Democratic candidate. The Democratic National Convention will be held in Chicago from August 19th to 22nd. -
Vitalik: The ultimate decision on the success of cryptocurrency is the practical application of technology
Vitalik, the co-founder of Ethereum, recently stated on the "Bell Curve" podcast that the actual application of technology determines the success or failure of cryptocurrency. If cryptocurrency can become mainstream, or at least a trusted alternative like Linux, then it can be considered a success.For example, Ethereum accounts can replace social account logins, or cryptocurrency can become a part of the financial system, DAO can become an alternative for enterprises or non-profit organizations, and decentralized social media or prediction markets can succeed.On the other hand, if the cryptocurrency field is remembered as a group of idealists gradually decreasing their cries, or a group of people trading digital monkeys and celebrity photos, it would be a disappointing result. -
Biden speaks out on withdrawing from 2024 US presidential election
On the 24th local time, US President Biden gave a speech in the Oval Office of the White House, explaining the reasons for his withdrawal from the 2024 presidential election. On July 21st local time, US President Biden announced his withdrawal from the 2024 presidential election. In a letter posted on his personal social media that day, Biden said that he had intended to seek re-election, but for the best interests of the Democratic Party and the United States, he decided to withdraw from the presidential race and focus on fulfilling his presidential duties during his term. -
US Congressman: Taxing Bitcoin Miners Would Be Bad for America
US Senator Cynthia Lummis stated that taxing Bitcoin miners would be detrimental to the United States. "The Biden administration's dangerous plan to tax Bitcoin miners is a blatant attack on innovation." -
Biden makes first public appearance since announcing his withdrawal from the race
On July 24th, it was reported that Joe Biden made his first public appearance since July 17th, which was also his first public appearance since dropping out of the presidential race. During the event, Biden did not respond to questions from reporters regarding the election or his health. Prior to this, it was announced that Biden would deliver a national address at 8pm EST on Wednesday (8am Beijing time on Thursday). -
U.S. House Speaker calls on Biden to resign "immediately"
After Biden announced his withdrawal from the election, Republican House Speaker Johnson called on Biden to resign "immediately". Johnson said in a statement, "If Biden is not suitable to run for president, he is not suitable to be president. He must immediately resign from the presidency." Johnson said that more than 14 million Americans chose Biden as the Democratic presidential candidate, but the party that called itself "Democratic" announced that their votes were invalid. As the Speaker of the House of Representatives, Johnson ranks second in the presidential succession order, second only to Harris. -
nftperp: All funds lost due to the vulnerability have been successfully recovered
nftperp, an NFT perpetual contract trading platform, announced on X platform that all funds lost due to a vulnerability have been successfully recovered. The developers are currently prioritizing the restoration of contracts to ensure that trading and withdrawals can proceed normally. Due to some differences in marked prices and index prices, methods for securely restoring trading are being sought. For clarity, we will soon release details of what happened in the past 20 hours. Previously, nftperp stated that a serious error was found in one of its contracts (clearingHouse), and all vulnerable contracts have been suspended until further notice. -
Cointime June 1st News Express
1. Paradigm researcher: Uniswap postponed the vote on "UNI staking and delegation rewards" because a certain VC was putting pressure on it
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