Daily Report ｜Yuga Labs co-founder Greg Solano will resume the role of CEO; Jupiter: $100,000 rewards will be evenly distributed among the top 500 on the Solana Mobile leaderboard

Organizer: Luan Peng, ChainCatcher

"What Important Events Happened in the Last 24 Hours"

1. Yuga Labs Co-founder Greg Solano to Resume Role as CEO
According to ChainCatcher, Yuga Labs co-founder Greg Solano announced that he will resume his role as CEO of Yuga Labs. Greg Solano stated that the utility of BAYC comes from the community. He hopes to free the BAYC team from constraints as much as possible so they can execute their vision. To this end, a subsidiary of Yuga, BAYC LLC, has been established to handle all BAYC-related affairs.

Greg Solano also pointed out that there is still much work to be done on Otherside, especially in enhancing user experience. Communication will be strengthened starting this week with "Apes Come Home." More frequent communication will be needed from now until the end of the year. (Source link)

2. Coinbase to List Starknet (STRK)

According to ChainCatcher, Coinbase Assets announced that Coinbase will add support for Starknet (STRK) on the Ethereum network (ERC-20 token) and label it as "experimental." If liquidity conditions are met, trading will begin later today. Once the asset supply is sufficient, the STRK-USD trading pair will be launched in phases. (Source link)
3. Jupiter: $100,000 Reward to be Averaged Among Top 500 on Solana Mobile Leaderboard

According to ChainCatcher, Jupiter announced that it will distribute a total reward of $100,000, averaged among the top 500 users on the Solana Mobile leaderboard, with rewards to be issued in March. (Source link)

4. Hong Kong Virtual Asset Fraud Cases Involved $7 Billion Over the Past 3 Years, JPEX Arrests Rise to 70
According to ChainCatcher, as reported by Hong Kong 01, the number of fraud cases involving virtual asset trading platforms has increased in recent years, drawing public attention. Hong Kong's Secretary for Financial Services and the Treasury, Christopher Hui, stated that there were a total of 7,148 cases of virtual asset fraud over the past three years, involving nearly $7 billion, with over half related to last year's fraud cases. As of the 20th, the police have arrested 70 people in the JPEX case, with no one charged yet.

Christopher Hui pointed out that the Securities and Futures Commission (SFC) has added a "suspicious virtual asset trading platform list" since last September, with 14 platforms listed as of February 14 this year. He stated that since last December, the SFC and the police have further implemented an information-sharing mechanism, exchanging complaints and intelligence regarding suspicious activities related to virtual asset trading platforms or virtual assets twice a week. As of February 2 this year, the SFC and the police have exchanged intelligence on over 100 cases related to virtual asset trading platforms or activities. (Source link)

"What Are the Noteworthy Articles to Read in the Last 24 Hours"

1. "New Project by Crypto Veterans Analog: $16 Million Financing with Airdrop Expectations"

Recently, the cross-chain interoperability protocol Analog has entered the public eye by disclosing $16 million in financing, with investors including Tribe Capital, NGC Ventures, Wintermute, GSR, NEAR, Orange DAO, as well as Mike Novogratz's alternative asset management firm Samara Asset Group, Balaji Srinivasan, and others.

At the end of 2023, Analog gained some attention in the community when it announced an open testnet registration event on the X platform and released social tasks on Galxe, attracting the attention of some new project KOLs and yield farmers.

"Zero-cost projects, airdrop expectations, and a luxurious investment lineup," combined with the recent hype around LayerZero, Zetachain, Wormhole, and Axelar, will likely bring more attention and growth opportunities to the cross-chain protocol track in 2024.

2. "MIIX Capital Research Weekly: Welcoming the Spring Breeze, Flowers Bloom"

Last week's market conditions made us sense the arrival of a bull market. In addition to the significant rise in BTC prices, which became a hot topic among investors, WLD also surged, with prices and market capitalization reaching all-time highs. The popular project Starknet airdropped 700 million tokens to 1.29 million addresses, which, at a market price of $1.8, amounts to nearly $1.26 billion in total airdrop scale. The strong market performance seems to have exceeded people's expectations and imagination.

3. "Sitting in a Row, How Decentralized Are the 7 Major Public Chains?"

What is decentralization? How can we truly measure it? Too many projects use centralization as a cover to justify their mediocrity. In this article, we will provide a true decentralization rating for BTC, ETH, SOL, XRP, ADA, AVAX, and TRX.