Evening News | Coinbase may adjust its investment strategy due to the US regulatory lagging behind Hong Kong; OpenAI partners with Stripe to commercialize ChatGPT

ChainCatcher Selection
2023-03-16 20:04:50
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Alameda Research transferred and loaned up to $3.2 billion to FTX founders and executives; Uniswap announced its launch on BNB Chain.

Organizer: Grapefruit, ChainCatcher

"What important events have occurred in the past 24 hours?"

1. DeGods: Launching a new series of 500 NFTs called "535 DeGods" on the Bitcoin network
On March 16, the NFT project DeGods announced on social media platform Twitter that it will launch a new series of 500 NFTs called "535 DeGods" on the Bitcoin network, with minting starting at 3 PM PST on Friday. The minting price for each NFT will be 0.444 BTC, and the official account stated that more information will be released later. (Source link)

2. Shibarium accused of copying Rinia, $5 million worth of BONE unlocked
Twitter user Rancune stated that the ID of Shibarium, the Layer 2 solution launched by Shiba Inu, was found to be the same as Rinia, potentially indicating plagiarism. Additionally, it was discovered that $5 million worth of Shibarium token BONE has been unlocked. (Source link)

3. OpenAI partners with payment giant Stripe to commercialize ChatGPT
OpenAI has partnered with payment giant Stripe, which will provide payment and subscription services for AI tools like ChatGPT and Dall-E.

Previous report noted that Stripe completed a $6.5 billion Series I funding round with a valuation of $50 billion, with investors including a16z, Baillie Gifford, Founders Fund, General Catalyst, MSD Partners, Thrive Capital, GIC, Goldman Sachs, and Temasek. (Source link)

4. Doodles founder: Striving to evolve from an NFT project to a media franchise company
Jordan Castro, the founder of the NFT series Doodles, stated in the official Discord that Doodles is working to evolve from an "NFT project" into a leading media franchise company.

Castro also mentioned, "The more resources/money/time invested in public building that fuels speculation, the less likely it is to achieve its long-term vision. We will not spend any resources to appease those with speculative motives and will focus our energy on loyal holders." (Source link)

5. Coinbase CEO: Adjusting investments due to the U.S. regulatory environment lagging behind financial centers like Hong Kong
Regarding "Coinbase offering free local bank transfer services for Singapore users," Coinbase CEO Brian Armstrong stated on Twitter, "The U.S. regulatory environment is lagging behind other major financial centers (UK, Singapore, Hong Kong, etc.) in creating clear regulatory guidelines for cryptocurrencies. We will adjust our investments accordingly."

Yesterday, Coinbase announced that it would open local bank transfer services for Singapore users through a new strategic banking partnership with Standard Chartered Bank, allowing users to transfer to their Coinbase accounts for free from any local bank. Additionally, Coinbase introduced Singpass to make it easier for users to join the platform. (Source link)

6. Alameda Research transferred and loaned up to $3.2 billion to FTX founders and executives
FTX and its affiliated debtors submitted financial statements to the bankruptcy court, revealing that Alameda Research transferred and loaned up to $3.2 billion to FTX founders and executives, including Sam Bankman-Fried (approximately $2.2 billion), Nishad Singh (approximately $587 million), Gary Wang (approximately $246 million), Ryan Salame (approximately $87 million), John Samuel Trabucco (approximately $25 million), and Caroline Ellison (approximately $6 million).

It is reported that these amounts do not include over $240 million used to purchase luxury homes in the Bahamas, political and charitable donations directly provided by FTX debtors, and asset transfers to non-debtor subsidiaries in the Bahamas and other jurisdictions. (Source link)

7. Uniswap announces launch on BNB Chain
Uniswap announced its launch on BNB Chain. Uniswap stated that BNB Chain offers faster and cheaper transactions than the Ethereum mainnet, making it easier for Uniswap to be accepted by a broader audience. (Source link)

"What are some noteworthy articles to read in the past 24 hours?"

1. "OpenAI launches 'game-changing' product GPT-4, can it fully detect smart contract vulnerabilities?"
OpenAI has launched its latest generation AI language model GPT-4, which is said to be a massive multimodal model that supports both text and image inputs. What new features will the evolved GPT-4 bring us? What happens if we use ChatGPT4 to audit smart contracts? This article will explore these questions.

2. "Understanding the crypto mempool: A new design space for solving MEV and censorship issues"
The crypto mempool is a powerful tool for addressing MEV and censorship issues, with various standalone solutions already available that can also be combined. This article outlines several current design forms of the crypto mempool.

3. "A comprehensive overview of Conflux ecosystem projects: Wallets, DeFi, offshore RMB, digital collections, metaverse"
As a blockchain focused on China, Conflux has formed strategic partnerships with major domestic companies like Xiaohongshu and China Telecom, creating a unique digital collection ecosystem that other public chains do not have, in line with domestic policy. This article will provide an overview of projects from the Conflux ecosystem.

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