DeFi Daily | The Associated Press launches advanced NFT series containing historical news from the past 100 years

DeFi data

1. The total market value of DeFi: $135.09 billion

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DeFi total market value data source: Coingecko

2. Transaction volume on decentralized exchanges in the past 24 hours: $3.22 billion

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Source of transaction volume data on decentralized exchanges in the past 24 hours: Debank

3. DeFi lending platform total borrowings: 28.64 billion US dollars

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Data source of total borrowings on DeFi lending platform: Debank

4.1 Assets locked in DeFi: US$99.23 billion

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The top ten rankings of locked assets in DeFi projects and the amount of locked positions, data source: Debank

4.2DeFi locked assets on the Ethereum chain: $71.76 billion

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The top ten rankings of DeFi locked assets on the Ethereum chain and the amount of locked positions, data source: Debank

4.3 DeFi locked assets on the BSC chain: $14.45 billion

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The top ten rankings of DeFi locked assets on the BSC chain and the amount of locked positions, data source: Debank

4.4DeFi locked assets on the Polygon chain: $3.37 billion

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The top ten rankings of DeFi locked assets on the Polygon chain and the amount of locked positions, data source: Debank

4.5 DeFi locked assets on the Avalanche chain: $4.07 billion

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The top ten ranking of DeFi locked assets on the Avalanche chain and the amount of locked positions, data source: Debank

DeFi hotspot

1. Uniswap V3’s 24-hour transaction volume on Ethereum Layer 2 reached a record high of 115 million U.S. dollars

On October 19, Uniswap founder Hayden Adams tweeted that UniswapV3’s 24-hour transaction volume on Ethereum Layer 2 (Arbitrum and OptimisticEthereum) reached 115 million US dollars, a record high.

2. DeFi insurance agreement InsurAce total insured amount exceeded 100 million US dollars

According to the news on October 19, the data on the DeFi insurance agreement InsurAce shows that as of October 19, the total insurance coverage of the agreement has exceeded 100 million U.S. dollars. As previously reported, InsurAce has completed the multi-chain deployment of Ethereum, Binance Smart Chain, Polygon and Avalanche, and the cross-chain insurance products launched have been Ethereum, Binance Smart Chain, Polygon, Avalanche, Solana, Fantom, Terra, More than 70 projects in the xDai and Arbitrum ecosystem provide smart contract security insurance. InsurAce also provides product services such as asset management platform risk custody insurance, IDO risk insurance, and stable currency off-anchor insurance.

3. Blockdaemon CEO: pledges and loans will make DeFi mainstream

According to news on October 19, staking cryptocurrency is complicated and difficult for most people, but Konstantin Richter, CEO and founder of Blockdaemon, believes that the development of liquid staking is about to come. “In the next year, pledges and loans will bring DeFi to the public. This will be a huge shift and will accelerate adoption.” Richter expects the full merger of Ethereum 2.0 to take place in the first quarter of 2022, Ethereum 2.0 It is transitioning from Proof of Work (PoW) to Proof of Stake (PoS). He also predicted that due to the evolution around liquidity pledges, loans, and DeFi, the size of the crypto market will expand three to four times.

4. MantaNetwork completed 5.5 million US dollars in financing, CoinFund and others participated in the investment

October 19, based on Boca privacy DeFi Manta Network project completed $ 5.5 million financing, CoinFund, ParaFi Capital, LongHash Ventures , CMSHoldings, Divergence, Spartan Group, Global Coin Ventures, SkyVisionCapital, ZeePrime and SNZ, Digital Currency Group, Consensys , Bitcoin.com and other institutions and SushiSwap core contributor 0xMaki, Dragonfly Capital’s KevinHu, ParaFi general partner SantiagoSantos and other individual investors participated in the investment. It is reported that MantaNetwork was established in 2020 to build a privacy-focused and interoperable blockchain protocol that uses zk-SNARK with Groth16 proof. MantaNetwork will use the newly raised funds to improve blockchain privacy and further expand DeFi use cases.

5. DeFi platform Ubeswap completes 1.2 million USD seed round financing Polychain and other participation

On October 19, news, DeFi platform Ubeswap completed a seed round of 1.2 million US dollars, Polychain (Celo Ecosystem Fund), Bitcandy, ThePassive Trust, Tango, Validator Capital, WOTrust and others participated in the investment. It is reported that Ubeswap supports decentralized transactions of Celo assets on smartphones, and liquidity providers can get rewards. At the same time, the recently announced Ubeswap roadmap also emphasizes the way to become a platform entirely operated by the community through DAO.

6. Daryl Lau, co-founder of DeFi investment fund Mechanism Capital, has left

On October 19, Daryl Lau, co-founder of DeFi investment fund MechanismCapital, tweeted that he had resigned from MechanismCapital. Daryl Lau is a former research analyst at CoinGecko. He and AndrewKang and Benjamin Simon jointly established MechanismCapital, a DeFi-focused investment fund, to provide funds to support new financial systems and applications, build ecosystem tools, conduct research, and actively participate in decentralized governance.

NFT hotspot

1. The Associated Press launches advanced NFT series containing historical news from the past 100 years

On October 19, the Associated Press launched the “Associated Press Unique Moments” premium NFT series. Each NFT features the most important news from the Associated Press in the past 100 years, focusing on a series of milestones in space, global conflict, and science. The mysterious boxes in this series have 4 rare levels: Normal (N), Rare (R), Super Rare (SR) and Super Super Rare (SSR). The price of each mysterious box is 29BUSD. In addition to historical news photography, the series also includes rare digitized copies of the most important “news alerts” that the Associated Press sent urgently to newsrooms around the world.

2. The total sales of Axie Infinity NFT collections exceeded 7 million

Golden Finance reports that according to the latest data from DappRader, the total sales of the “playing and earning” game Axie Infinity NFT collectibles exceeded 7 million, with 7,009,352 at the time of writing. In addition, Axie Infinity’s transaction volume reached 2.62 billion U.S. dollars, ranking first in the NFT collection series.

3. Sotheby’s Metaverse NFT platform will distribute encrypted artist Pak’s designs to users

On October 19th, the auction house Sotheby’s selected NFT platform Sotheby’s Metaverse tweeted that it would distribute an avatar designed by the encryption artist Pak to every platform user. However, this work is not an NFT project that exists for sales purposes, but a new community access and identity system, and detailed rules will be announced in the future. According to previous reports, “Sotheby’s Metaverse” will hold its first auction from October 18th to 26th. The collection is called “Natively Digital 1.2: The Collectors”. This series contains 53 works from 19 NFT collectors such as Pranksy, j1mmy.eth, Paris Hilton, etc. Sotheby’s new platform is powered by Mojito, a business suite used to create the NFT market and ensure compliance, providing fiat and crypto payments and minting functions.

4. Clinique, a subsidiary of Estee Lauder Group, launches NFT

On October 19th, the Clinique brand under the Estee Lauder Group launched NFT to increase loyalty and increase marketing weight for its products. Clinique did not sell NFTs, but gave shoppers who signed up to its rewards program the opportunity to get 10 years of free products and one of the three editions of NFT artwork. By only opening NFT access to its loyalty program members, Clinique both rewards memberships and encourages others to join by registering.

Posted by:CoinYuppie,Reprinted with attribution to:https://coinyuppie.com/defi-daily-the-associated-press-launches-advanced-nft-series-containing-historical-news-from-the-past-100-years/
Coinyuppie is an open information publishing platform, all information provided is not related to the views and positions of coinyuppie, and does not constitute any investment and financial advice. Users are expected to carefully screen and prevent risks.

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