Challenger Capitals

  On August 30th, Musk tweeted the update of the DOGE node, saying it was important. It reads: 205 computers are currently running the latest upgrade. More nodes need to be upgraded to 1.14.4, and more new nodes are needed. Once a higher percentage of new nodes are added, the development team will issue a new upgrade. This helps protect the network and reduce transaction costs. After the number of nodes increases, transaction fees will be greatly reduced, and more companies will be able to use DOGE

  On August 30, it was reported that Urbanbase, a Korean 3D spatial data tool company, completed a US$11.1 million B+ round of financing. Hanwha Hotels & Resorts, a subsidiary of Hanwha Group, led the investment. The company plans to use new funds to enter the field of Metaverse, including investing in the research and development of advanced virtual reality, augmented reality and 3D tools, while strengthening its B2B SaaS services. Urbanbase was founded in 2013 by CEO and former architect Jinu Ha, with a total financing amount of US$20 million. Previous supporters include South Korea’s New World Information and Communication Corporation, Woomi Construction, SL Investment, KDB Capital, Shinhan Capital, Enlight Ventures, CKD Venture Capital, and Breeze Investment. Urbanbase also plans to upgrade its home interior software platform Urbanbase Studio, which can convert 2D indoor spatial images into 3D images through Urbanbase’s patented algorithms, view indoor products through augm...

On August 29, Bored Ape Yacht Club sold 10,000 mutant monkeys through a Dutch auction. According to the feedback of the blogger @Bitcoin女博士, the final transaction price of each monkey was 2.7 Ethereum, and the Boring Monkey team earned 28,000 ETH (worth about US$90 million) this time. The gas price of ETH hit three digits in a short time, and some community members even paid a gas fee of up to 8 ETH (worth about $24,000). In addition, according to a @hanxin59774420 Twitter user feedback, Bored Ape Yacht Club (Bored Ape Yacht Club) got 28,000 ETH and then changed hands and hit the market, causing Ethereum to drop to $3,150 in a short time, which was a high of $3,285 in the day. Fell 4%.

(CoinbaseProtocolTeam). The Coinbase Protocol Team is a team of engineers focused on contributing to the expansion of the blockchain and community building. Specifically, the Coinbase agreement team plans to integrate Polygon as the first Coinbase expansion solution, and then explore expansion plans integrated with Optimism, Arbitrum, and Starkware. The team has also contributed to open source projects and established an open source specification and toolset Rosetta. Currently, more than 35 blockchains support the Rosetta standard. In addition, the team launched a crypto community grant program to provide grants to blockchain developers who contribute to the blockchain code base and some researchers who write white papers.

  The data shows that the total locked-up volume (TVL) of Saber, a decentralized exchange based on Solana, has exceeded $700 million.

According to news on August 28, according to the latest data, the total transaction volume of NFT collectibles CryptoPunks reached US$1 billion, setting a milestone and a record high. At the time of writing this article, the number of CryptoPunks traders was 4,667 and the sales volume was 17,639. At present, in the vertical field of NFT collections, Axie Infinity has the highest total transaction volume, which is about 1.672 billion US dollars. The number of traders exceeds 480,000, and the sales volume exceeds 3.73 million; CryptoPunks ranks second, and NBA Top Shot ranks third. (The total transaction volume is 670 million US dollars, the number of traders exceeds 430,000, and the sales volume exceeds 8.37 million).

According to data from Debank, the total issuance of stablecoins on the chain exceeded US$81 billion on August 24, and the total issuance of stablecoins on the chain currently reaches US$81.847 billion, a record high. Among them, the total issuance of USDT is 33.874 billion U.S. dollars, accounting for 41.39%; the total issuance of USDC is 25.766 billion U.S. dollars, accounting for 31.48%; the total issuance of BUSD is 12.082 billion U.S. dollars, accounting for 14.76% https://www.reddit.com/user/challengercapitals/comments/pcjav8/the_total_fixed_currency_issuance_exceeded_us81/?utm_source=share&utm_medium=web2x&context=3

According to official sources, the Solana NFT Alliance is officially launched today. The NFT Alliance will help create a common NFT standard on Solana and prepare for the large-scale adoption of the network. The initial members of the alliance include: Burnt Finance, Phantom, Bonfida, Star Atlas, DeFi Land, Squidstuff, SMB, Metaplex, Solarians, Arweave, Solflare and other 25+ projects https://www.reddit.com/r/ChallengerCapitals/comments/pcj9uf/solana_nft_alliance_officially_launched/?utm_source=share&utm_medium=web2x&context=3

  On August 25th, ADA launched the Japanese cryptocurrency exchange Bitpoint, which is the first time for trading in Japan. In response, IOG CEO Charles Hoskinson mentioned in his tweet a haiku poem written by Matsuo Basho, the most famous poet in the Edo period in Japan. It is reported that Cardano plans to launch the Alonzo hard fork on the main network on September 12, and the upgrade will allow users to run smart contracts on the PoS blockchain

According to the status list of 63 virtual asset operators announced by the Korean government, as of last month, 21 exchanges have passed the Korean Information Security Management System (ISMS) certification conducted by the Korea Internet Security Agency, including Bithumb, Upbit, Korbit, Coinone, Huobi Korea, etc. Of the 42 companies that have not obtained ISMS certification, 18 are applying for certification. In addition, South Korean government departments have investigated and dealt with 141 virtual currency fraud cases involving 520 persons and confiscated 255.6 billion won (approximately US$219 million) of criminal proceeds through special investigations. According to the "Specific Financial Information Law" passed by the South Korean National Assembly before September 24, crypto exchanges must complete ISMS certification and report to the Financial Intelligence Unit (FIU) under the Financial Services Commission before September 24, or they will be forced to close.

  NBA legend Kobe Bryant NFT On August 24, an NFT auction dedicated to the late NBA legend Kobe Bryant will be launched on August 25, the NFT auction platform Cryptograph. It is reported that the series includes 8 one-to-one NFTs, depicting Bryant's photos taken by Hollywood photographer Davis Factor in the 1990s. It is reported that all sales revenue will be used for The Mamba & Mambacita Sports Foundation. The foundation is a non-profit organization dedicated to helping "athletes and young women who are not served in the sports field." The organization was established after the tragic death of Kobe and his daughter Gigi in January last year. Note, August 23 is Kobe’s birthday

  Axie Infinity NFT's total sales break down 3.5 million and hit a New record high According to news on August 24, according to the latest data, the sales of Axie Infinity NFT, a “Play-to-Earn” project, broke through 3.5 million, setting a record high. At the time of writing this article was 3,507,486, with a total of 459,410 traders. The total transaction volume is US$1.581 billion. According to the current NFT collection sales rankings, Axie Infinity ranks second, NBA Top Shot is ranked first with 8,251,965 sales, and Alien Worlds is third with 3,058,223 sales. However, the total transaction volume of Axie Infinity ranks first, almost twice that of the second-place CryptoPunks.

  Phanes Technology released a detailed article on “Defi” Phanes Technology released a detailed article on “Defi” The ecosystem behind Decentralized Finance explained simply Link here: https://phanestech.medium.com/what-is-defi-506678f34609

  Shanghai: Build 100 AI canteens that support digital renminbi payments According to news on August 23, the Shanghai Municipal Commission of Economy and Information Technology revealed that it has planned to promote 100 AI community canteens in the city. Among them, AI identification smart settlement Link here

Bitcoin adoption in Afghanistan is rising   According to news on August 23, after the withdrawal of NATO troops, the Taliban regained control of the Afghan territory, and most banks faced cash shortages. Because Western Union has frozen all remittances to and from Afghanistan, many expats cannot send money to their families in Afghanistan. According to the Google Trends Monitoring Service, during this period people's interest in cryptocurrencies and Bitcoin soared to the highest level in history. According to Chainalysis data, Afghanistan’s cryptocurrency adoption index is the highest among all Central Asian countries. Link here

  According to official sources, the Poly Network team announced the latest progress of the attack, as   follows: 1. USDT unlocking issue. We hope to clarify the progress of unlocking USDT assets to the public. In order to ensure the transparency of information, we have compiled our actions related to USDT assets, hoping to reduce doubts. We have been maintaining close communication with Tether and followed up with Tether’s standard process. Tether confirmed the final processing method with us on the evening of August 19th. 2. The recovery of USDC assets is complete. We have completed the conversion between the 96,942,063 DAI and USDC returned by Mr. White Hat before 0:00 (UTC) on August 23 as stated in the previous announcement. At the same time, we have converted 87,557,051 BUSD on the BSC into USDC (BEP- 20). Currently, user USDC asset comparison and asset restoration have been completed. The Poly Network team has used its own funds to compensate for the slippage loss and h...

  Axie Infinity reduces the cost of breeding from 4 AXS to 2 AXS The NFT game Axie Infinity, based on the changes in the relative value of AXS and SLP, reduces the cost of breeding from 4 AXS to 2 AXS to balance the Axie economy. At the same time, AXS has risen by more than 50% in the past 24 hours, setting a record high. Note, the farming fee is the fee charged when the player breeds Axies to create new pets. It is the core of the Axie economic system, in which the player produces new Axies and consumes SLP