Evening News | Ethereum Foundation plans to allocate over $2 million to 43 projects; MicroStrategy buys 12,333 bitcoins for approximately $347 million in cash

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2023-06-29 20:39:55
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Data: Azuki has transferred 20,000 ETH to Coinbase Prime; the Islamic crypto project Islamic Coin has completed a $200 million funding round, with investment from ABO Digital.

Organizer: Grapefruit, ChainCatcher

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

1. Ethereum Foundation: The 2023 Academic Grant Program allocates over $2 million to 43 projects

According to ChainCatcher, the Ethereum Foundation announced the recipients and allocation information for the 2023 Academic Grant Program on its official blog. It received over 250 applications and provided more than $2 million in funding to 43 projects from 21 countries across various categories. The categories of the awarded projects mainly include: cryptography, economics and MEV, execution layer, formal verification, P2P networks, security, society, and regulation. (Source link)

2. Islamic crypto project Islamic Coin completes $200 million funding, backed by ABO Digital

According to ChainCatcher, Bitcoin.com reported that the Sharia-compliant crypto project Islamic Coin announced the completion of $200 million in funding from digital asset investment firm ABO Digital. To date, the total investment amount received by the project has reached $400 million.

Additionally, Islamic Coin announced a partnership with UK-based DDCAP Group to develop several Web3 solutions for Islamic finance, claiming it is building a game-changing financial platform that combines the ethics and traditions of Islamic finance.

It is reported that Islamic Coin is built on its developed Haqq blockchain, aiming to strictly adhere to Islamic financial rules and traditions. (Source link)

3. Data: Azuki has transferred 20,000 ETH to Coinbase Prime

According to ChainCatcher, on-chain analyst Ember monitored that Azuki transferred 20,000 ETH (approximately $37 million) from the sales of its Elementals series to Coinbase Prime about 8 hours ago. (Source link)

4. MicroStrategy buys 12,333 bitcoins for approximately $347 million in cash

According to ChainCatcher, MicroStrategy founder Michael Saylor posted on social media that MicroStrategy has once again purchased 12,333 bitcoins at an average price of $28,136 from April 29 to June 27, spending approximately $347 million.

As of June 27, 2023, MicroStrategy has purchased a total of 152,333 bitcoins for approximately $4.52 billion, with an average price of $29,668 per bitcoin. (Source link)

5. Warner Music Group partners with Polygon to launch blockchain music accelerator

According to ChainCatcher, CoinDesk reported that Warner Music Group is collaborating with Polygon Labs to launch a blockchain music accelerator aimed at promoting the development of blockchain music projects and DApps on the Polygon network.

It is reported that the accelerator will focus on areas including artist fan communities, building decentralized music production and distribution systems, innovative ticketing solutions, exploring music-related merchandise and digital or physical collectibles, and integrating music with interactive technology and gaming. (Source link)

"What are some great articles worth reading in the past 24 hours"

1. "Interview with Trust Wallet CEO: The Decentralized Exploration Path of a Technological Idealist"

Zhao Changpeng once described Trust as "a diamond buried underground." For a long time, this project has maintained a low profile, but its technical strength should not be underestimated. Currently, the Trust Wallet client has been downloaded over 60 million times, with major users spread across Europe, America, South Asia, and the Middle East, nearly 60% of whom were added last year. The Trust Wallet web extension wallet has also reached the top three in the industry since its launch last November.

What makes Trust Wallet special? What are its technical advantages? How has it developed since being acquired by Binance in 2018? Recently, ChainCatcher interviewed Eowyn Chen, who discussed with us the positioning and development status of Trust Wallet within the entire Binance ecosystem, the competitive landscape of the wallet sector, and the current obstacles faced.

2. "After raising $15 million and launching the L3 scaling solution Momoka, how far is Lens Protocol from a breakout?"

Since announcing its launch on the Polygon mainnet in May 2022, Lens Protocol has been around for over a year. What is the current operational status of Lens Protocol? What new developments have the products made? How is the ecosystem developing? Can the number of daily active addresses become an important criterion for measuring the quality of Web3 social applications?

3. "Exclusive Interview with He Yi: Global Regulatory Trends are Inevitable, with Training for Senior Executives"

He Yi is one of the most influential figures in the $1.2 trillion cryptocurrency market. Today, she and CZ (Zhao Changpeng) co-founded Binance, which is facing numerous challenges.

In a series of interviews with Bloomberg, including before receiving a new lawsuit from the US SEC in Dubai, He Yi attempted to convey two important messages. First, there may not be as much divergence between Binance and regulatory agencies as perceived. Second, the company is far from the villainous image claimed by critics. "If they really took the time to understand our industry, they would find that if Binance is non-compliant, almost no other global trading platform or offshore company is compliant."

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