TL; DR
- OpenSea Seaport version 1.2 contracts have now been deployed to multiple EVM chains with new features such as bulk listing and more gas-efficient.
- The Finnish fintech company, Membrane Finance, has announced the launch of the EU-regulated full reserve stablecoin and payment network.
- Logan Paul and his cryptocurrency game, CryptoZoo sued in class action lawsuit.
- SushiSwap announced the launch of “The DeFi Kitchen: A virtual DeFi Summit & Hackathon” on March 9th 15:00 – 19:30pm UTC.
- The Australian government will build a regulatory and licensing framework for crypto asset service providers.
- crypto mining firm Marathon Digital Holdings has offloaded some of its Bitcoin since for the first time in two years.
- The police in Australia have charged 9 members of a money laundering organization and seized assets worth over 100 million dollars, including 29 million dollars in cryptocurrency.
- WSJ revealed that four people hold about 86% of Tether’s shares.
- Terra Classic (LUNC) proposal to re-peg to UST has been approved.
1. The leader of the OpenSea protocol development, 0age, has announced that the Seaport V1.2 contract has been deployed to multiple EVM chains. The new features include bulk listings, the ability for contracts to interact with Seaport and the standard, and a more gas-efficient design. With bulk listings, users can create up to 16 million different listings in one signature. The previous Seaport V1.1 contract is still available.
2. The Finnish fintech company, Membrane Finance, has announced the launch of the EU-regulated full reserve stablecoin and payment network, EUROe transforms a fiat Euro into a 1:1 pegged digital currency transactable on Ethereum, with planned support for more blockchains. EUROe has received an electronic money institution license from the Finnish Financial Supervisory Authority (FIN-FSA). In December 2022, Membrane Finance completed a 2 million euro seed round investment from Maki Ventures.
3. YouTuber Logan Paul and his cryptocurrency game, CryptoZoo sued in class action lawsuit, which alleges they stole millions of dollars worth of purchaser’s cryptocurrency via a “fraudulent venture (rug pull).
4. SushiSwap announced the launch of “The DeFi Kitchen: A virtual DeFi Summit & Hackathon” on March 9th, 15:00 – 19:30 pm UTC. The virtual event will be open to everyone and the hackathon will be targeted toward developers. SushiSwap has partnered with ETHDubai to make announcements, hold technical seminars, and set up awards at the end of the event.
5. The Australian government is strengthening its oversight of crypto asset providers to ensure they fulfill their obligations to Australian consumers. The government will also reform its licensing and custody policies for crypto assets and establish a set of obligations and operational standards for providers to ensure proper asset management for customers. Discussions on the design of the regulatory and licensing framework will begin in mid-2023. Additionally, the Australian Securities and Investments Commission (ASIC) is expanding its cryptocurrency team and increasing enforcement measures. The Australian Competition and Consumer Commission (ACCC) is also stepping up efforts to prevent fraud, including scams involving crypto assets.
6. The second largest publicly-listed holder of Bitcoin, crypto mining firm Marathon Digital Holdings has offloaded some of its mined Bitcoin since October 2020, for the first time in two years.
7. The Federal Police of Australia (AFP) have charged nine members of an international money laundering organization and seized assets worth over $106 million. During raids in 13 locations in Sydney, the AFP seized over $29 million worth of cryptocurrencies, 18 luxury watches, 17 designer handbags, at least 46 pieces of luxury jewelry, and four illegal firearms. The organization allowed multiple transnational criminal organizations to launder the funds obtained from criminal activities.
8. WSJ revealed that four people hold about 86% of Tether’s shares, Italian citizen and former plastic surgeon Devasini holds 43%, CEO Jean-Louis van der Veld and legal adviser Stuart Hoegner each hold 15%, Christopher Harborne, a businessman of British and Thailand, owns about 13%.
9. The Terra Classic community proposal #11324 “Re-peg LUNC to UST” was approved. The proposal is a signal proposal and the specific operational plan will be executed through the Terra Community Trust 23 guidelines with the final goal of restoring the value lost in the “unpegging” event of May 2022 and simplifying the LUNC burning process.