Challenger Capitals

On September 29, Polygon's Co-founder Mihailo Bjelic tweeted that as of September 27, the number of daily active addresses on Polygon reached 350,000, surpassing the Ethereum Layer1 network (326,000) for the first time, setting a record high.

According to the Golden Financial Report, the Tianyan Check App shows that Alibaba Singapore Holdings Co., Ltd. recently applied for the registration of a number of trademarks such as “Ali Yuan Universe”, “Taobao Yuan Universe”, and “Dingding Yuan Universe”. The international classification involves website services, education and entertainment, and science. Instruments, etc., are currently under application for trademark status.

  On September 12, the on-chain analyst "_Checkmate" quoted Glassnode data as saying that the Bitcoin transaction volume with a history of less than one month hit a record low, less than 7% of the supply. In other words, the Bitcoin transaction volume with a history of more than one month is at the highest level in history. HODL is very real: the old Bitcoin is not being traded, and the new Bitcoin is maturing, which is bullish. He further added that when the trading volume of the new currency hit a local low before: three-quarters of the situation occurred before the full-scale bull market; one-quarter was a rebound before the bear market in 2014. Supply dynamics is a longer-term indicator, but it reflects real market fundamentals.

On September 12, three people familiar with the matter revealed that after several weeks of deliberation, the U.S. Treasury Department and other federal agencies are about to decide whether the Financial Stability Regulatory Commission (FSOC) will initiate an assessment to determine whether stablecoins such as Tether threaten financial stability. FSOC has the right to determine that a certain company or activity poses a systemic threat to the financial system. If this certainty is made, it may have a significant impact on stablecoins.

  According to a new report on September 10, the issuance of CBDC may give the central bank greater power to adjust interest rates. Central bank digital currencies (CBDC) may actually have a negative impact on interest rates by providing additional tools for policymakers. An article written by senior columnist James Mackintosh on September 8 argued that if interest rates fall below zero, the difference between CBDC and cash will become apparent. People are more inclined to "make zero" by holding physical cash, rather than losing money on digital dollars issued by the central bank. He added that this means that if the central bank issues digital dollars that cannot be hidden under the mattress, it will have a greater impact on interest rates. Negative interest rates are the last resort for the central bank to stimulate the economy by encouraging borrowing and spending during the recession. Interest is paid to borrowers instead of lenders. According to the Federal Reserve Eco

  On September 10, it was reported that the gaming giant Epic Games will close its popular social video application Houseparty in October, and will absorb the latter team, committed to "creating new ways to conduct business on a metaverse scale in the entire Epic Games family." Meaningful and true social interaction.” It is reported that Epic Games acquired Houseparty for $35 million in 2019. Last year, Houseparty was integrated into Epic Game’s flagship game "Fortnite", allowing users to video chat while playing the game. Earlier this year, Epic Games completed a $1 billion financing to support the vision of building a metaverse

On September 9th, according to CoinGecko data, as of now, DYDX's entire network transaction volume has reached 440 million U.S. dollars, and Huobi Global ranks first with 120 million U.S. dollars in transaction volume. dYdX officially lifted the transfer restrictions of the governance token DYDX at 23:00 on September 8. dYdX is a decentralized perpetual contract exchange based on the second-tier Ethereum protocol Starkware. Unlike the DEX of the AMM model, dYdX adopts the order book model. In August of this year, the total trading volume of dYdX derivatives reached 9.8 billion U.S. dollars. Prior to this, dYdX has received multiple rounds of financing, with a total of more than 95 million US dollars. Investors include a16z, 3AC, paradigm, Polychain Capital, and Brian Armstrong (Co-founder and CEO of CoinBase).

On September 9th, the Play-to-Earn game association Crypto Gaming United, supported by Australian venture capitalist Mark Carnegie, completed a seed round of funding of $5 million. The guild currently has 1,500 players and is expected to increase to 100,000 within one and a half years. Most of the players are in the Philippines (Axie Infinity's main market), and a few are from countries such as Indonesia, South Africa, and India. The guild has been working in multiple games to provide financial knowledge and digital economy education to current and interested players. The Game Association provides "scholarships" for NFT game players, as well as entry funds and continuous training funds. In return, the guild shares in-game revenue with players. Carnegie and Crypto Gaming United co-founder Sergei Sergienko formed the guild last month. There are currently nearly 40,000 gamers waiting to join. They will be based in Singapore because the country is forward-looking in terms of

  On September 7th, the World Economic Forum recently released a report stating that four major factors have driven the wave of global adoption of cryptocurrencies. The first is that central bank policies, hyperinflation and macroeconomic instability have led to the fluctuation and depreciation of legal tenders relative to other global currencies. Secondly, the remittance cost of traditional payment systems is too high, 6.8% globally, and nearly 9% in sub-Saharan Africa. This may be the reason for the increase in P2P cryptocurrency transfers. The third is the invention and rapid expansion of stable currencies, which can be used as frictionless trading media between cryptocurrency and legal currency. The fourth is the different applications provided by various digital assets, coupled with the industry's efforts to become more environmentally friendly and consume less energy, prompting people to turn to the encrypted market. In addition, the report also believes that cryptocurrency w

According to data from the masters on the Ouke Cloud Chain, the current amount of Ethereum burned is 220,300 ETH, and the average burn value of a single block is 1.0453 ETH, and the burned amount in the past week has reached 78,382 ETH.

  The Solana domain name service launched by Bonfida was launched in two months and 14,801 auctions were completed On September 6, according to data from naming.bonfida, the Solana domain name service launched by Bonfida was launched in two months and a total of 14,801 auctions were completed. Currently, diamond (picture).sol has won the highest bid of 60141USDC. It is reported that Solana domain name service now supports registered domain names in English, simplified Chinese, traditional Chinese, and emoji. All USDC received by the service will be used to repurchase and destroy FIDA

  On September 6, the US Securities and Exchange Commission (SEC) issued a new public alert regarding investment fraud related to digital assets. The SEC believes that the main reason for the increase in fraud and vulnerabilities is the “increasing popularity” of original tokens, and the soaring price of certain digital assets is also a key factor for fraudsters to attract investors. In previous news, SEC Chairman Gary Gensler has reiterated that a regulatory framework that can help digital asset investors resist fraud and other related risks is needed.

According to the data of the masters on the Ouke Cloud Chain, Tether issued an additional 1 billion USDT on TRON at 14:20 today. The additional issuance hash is: f989caef1852d7ab9e0154c783784eaf20d0e186a45990ec406b134f4258c3b6.   https://twitter.com/challengercapi2/status/1433687000112975877?s=20

On September 3, the Internet computer project DFINITY (ICP) released 10,000 clown collection NFTs ca l led ICPunks as free airdrops on the Internet to test the system and measure demand. According to DFINITY, this experiment was successful because the system can persist, unlike other platforms where the platform crashes due to similar incentives. The ICPunks nickname and the clown-themed NFT series originated from the hip-hop show Insane Clown Posse in the 1990s. DFINITY plans to venture into the field of non-homogeneous token NFTs through airdrops. It also plans to establish an ICPunks market in the third quarter of 2021, where users can trade, buy and sell NFTs in exchange for ICP tokens. Later this year, the market will be open to other NFTs, and more collectibles will be launched on Internet computers. https://twitter.com/challengercapi2/status/1433684891984560131?s=20