Daily Report ｜ Coca-Cola issues NFT series on Base chain; it is reported that Huobi founder Li Lin rents first and then buys a luxury apartment worth over 1 billion HKD in Hong Kong
Coinbase officially enters the Canadian market; HashKey Exchange responds to rumors of a wave of employee departures.Organizer: flowie, ChainCatcher
"What Important Events Happened in the Last 24 Hours"
1. Coca-Cola Issues NFT Series on Base Chain, 5 NFTs Available for Minting
According to official news, the well-known beverage brand Coca-Cola has issued an NFT series on the Base chain, combining world art masterpieces with Coca-Cola's iconic bottle design. Currently, there are 5 NFTs available for minting, with minting prices ranging from 0.0011 ETH to 0.014 ETH. (Source link)
2. Wu Shuo: Huobi Founder Li Lin Rents and Then Purchases a Luxury Home in Hong Kong for Over 1 Billion HKD
According to Wu Shuo Blockchain, the largest residential estate in Kowloon, the villa C on the Peak Longju Road has been purchased by Huobi founder Li Lin.
According to Ming Pao, the property was sold under a rent-to-own scheme, allowing for a rental period of 90 months, or about 7.5 years, starting from the 1st of this month. After completing the 7.5-year rental period, there is a 3-month renewal option, after which the unit can be purchased for a subscription price of 1 billion HKD, calculated at a usable area of 11,692 square feet, equivalent to 85,529 HKD per square foot. If the final buyer exercises the 1 billion HKD subscription right, the transaction price may set a new record for luxury homes in Kowloon. Earlier, Li Lin sold his stake in Huobi for over 1 billion USD to Sun Yuchen. Li Lin also enjoys purchasing properties in Shenzhen, Beijing, and other locations. (Source link)
3. HashKey Exchange Responds to Employee Exodus Rumors: False News
According to multiple insiders who spoke to Odaily Planet Daily, the compliant virtual asset trading platform HashKey PRO has recently undergone significant personnel changes, with dozens of employees leaving in bulk, including its former CEO Colin Zhong and compliance head.
Former employees of HashKey PRO stated that there were no layoffs, and the departing employees resigned voluntarily. In response to these rumors, HashKey Exchange later told Foresight News that there has been no mass departure of employees as reported, and CEO Colin Zhong has not left; the rumors are false. (Source link)
4. NoLimit's First Fund Led by Former Binance Strategy Chief Completes 50 Million USD Fundraising
According to The Block, the venture capital fund CVP NoLimit Fund I, led by former Binance strategy chief Gin Chao, announced the completion of 50 million USD in fundraising, which will focus on investing in crypto startups.
It is reported that NoLimit focuses on seed-stage deals and strategic rounds, with check sizes ranging from 250,000 USD to 3 million USD. Currently, its bets include Mysten Labs, Connext, Hogwarts Labs, Binance US, and IQ Protocol. The company has invested in over 20 projects globally and expects to make another 20 investments in the next 12 months.
According to RootData, Gin Chao is a founding partner of NoLimit Holdings and also serves on the board of Binance US and CoinMarketCap. From 2018 to 2022, he served as the strategy officer at Binance, having previously worked at the NBA and Dell. Gin Chao graduated from Carnegie Mellon University and New York University. (Source link)
5. PayPal to Launch Cryptocurrency Hub, Allowing Cryptocurrency Trading
According to Cointelegraph, payment giant PayPal updated its terms shortly after launching the USD-backed stablecoin PayPal USD (PY USD), introducing a "cryptocurrency hub," a feature that allows users to hold and interact with Bitcoin.
This service will allow for the buying and selling of cryptocurrencies. Additionally, it will facilitate payments for goods purchased through PayPal using funds stored after selling cryptocurrencies.
However, not all PayPal users will be able to explore this new feature, as the company will determine access based on individual circumstances. First, users must "have a personal PayPal account and a balance account in good standing," and PayPal will also verify the necessary identity information provided by users. At launch, the cryptocurrency hub will be directly linked to users' PayPal accounts and can be accessed using existing credentials. (Source link)
6. Sun Yuchen: Currently Holds Over 100,000 BTC, TRON May Positively Impact Bitcoin's Value
TRON founder Sun Yuchen stated in a tweet that he is a proponent of Bitcoin and currently holds over 100,000 BTC. He believes that "TRON as a stablecoin network is exciting and may positively impact BTC's value. A notable trend is that USDT on TRON is widely used for BTC trading." (Source link)
7. Coinbase Officially Enters the Canadian Market
Coinbase announced its official entry into the Canadian market. Coinbase stated that it is providing Canadian users with the ability to deposit funds into their Coinbase wallets or withdraw funds from their Coinbase wallets via Interac e-Transfer.
Additionally, Canadian Coinbase users can enjoy a free 30-day trial of Coinbase One. Later this year, Coinbase will offer users the ability to make direct bank transfers via EFT. (Source link)
8. Real Vision Founder: SOL is His Second Largest Crypto Holding, Likely to Repeat Ethereum's Dramatic Recovery from Bear Market to New Highs
Raoul Pal, former Goldman Sachs executive and founder of macro research firm Real Vision, stated that SOL is his second-largest allocation in his cryptocurrency portfolio and is likely to repeat Ethereum's dramatic recovery from the bear market to new highs a few years ago.
He said, "This is still my second-largest position. I really like it. It reminds me of Ethereum (ETH) in 2018-2019. I think there is a lot of activity here. I believe [Solana founder Anatoly Yakovenko] has proven himself to be a better leader and thinker in this space, somewhat like Vitalik [Buterin]. Developer activity is excellent, on-chain activity is great. Innovation is also outstanding. Therefore, there is a probabilistic outcome indicating it will perform well." (Source link)
9. Crypto Data Platform RootData Releases Weekly Project Hot Search List, Caldera, AltLayer, Sei Top Three
Crypto data platform RootData released its weekly hot search list, with the top 10 projects by search volume from last week (August 7 - August 13) being: Caldera, AltLayer, Sei Network, Linea, Farcaster, StarkNet, LayerZero, PolyHedra, Web3 Go, zkSync.
The top 10 projects by search growth rate (based on the percentage increase in search volume compared to the previous week) are: Clipper, Puffer Finance, Caldera, Farcaster, SYNTHR, VIP3, Helio Protocol, COMBO, Tapio Protocol, Magic Square. (Source link)
"What Exciting Articles Are Worth Reading in the Last 24 Hours"
1. “Layout Cancun Upgrade, Which is the Better Choice: OP or ARB?”
In 2023, the Cancun upgrade is undoubtedly one of the most critical industry events following the Shanghai upgrade. According to current news, the Cancun upgrade, included in EIP4844, is expected to take place between October 2023 and January 2024, while the token prices of the two main L2 projects, Arbitrum (referred to as ARB) and Optimism (referred to as OP), have experienced significant corrections after reaching new highs in the first half of the year, making it perhaps still a good time for positioning.
Last week, PayPal's launch of the USD stablecoin PYUSD sparked heated discussions. Shortly thereafter, the former U.S. Acting Comptroller of the Currency published an article in WJS discussing why the U.S. government should support USD stablecoins. In his view, stablecoins are not just a more efficient means of electronic payment. Some economists and policymakers are concerned about "de-dollarization"—the potential replacement of the dollar as the world's reserve currency—arguing that stablecoins could support post-war arrangements where the dollar's dominance has helped facilitate global trade and reduce global poverty. However, this can only happen if Congress implements a robust and stable regulatory framework.
