The full-chain solution Entangle will be launched on March 13

Entangle announced that it will be officially launched on March 13th.
Entangle provides a comprehensive and customizable Omnichain solution for connecting key tools on the chain.
Entangle achieves this goal through the following four parts:
Photon Messaging: Highly customizable cross-chain messaging for EVM or non-EVM networks.
Universal Data Feeds: A low-latency, low-cost data infrastructure suitable for Web2 or Web3 data sources, supporting price source data and universal data, and passing them to on-chain smart contracts.
Entangle
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Crypto Investment Research Weekly Report (0226-0303): Mainstream coins lead the rise, followed by meme coins.

Introduction:
Over the past week, more than $2 billion in new funds have flowed into ETF products. As BTC’s rebound continues, its strong momentum has surprised many market participants, and long holders are immersed in the carnival of continued gains. However, it should be noted that the funding rate has averaged over 30% in the past seven days, making it very costly to hold long positions. High financing rates and the extension of perpetual open positions may pose risks to the rally.
1. Investment and Financing Observation
Last week (02.26-03.03), a total of 23 investment and financing events occurred in the encryption market, and the total investment and financing amount disclosed was approximately US$800 million:
The DeFi field announced 6 investments and financings, among which Ether.Fi completed a US$23 million Series A financing, Bullish
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Solana‘s Renaissance - The first "Renaissance Hackathon" in 2024

Focus on organizing
Registration period: 2024/03/04 - 2024/04/08
赛道:DePin、DeFi & Payments、DAOs & Communities、Consumer Apps、Gaming、Infrastructure
Rewards: track prizes, Colosseum accelerator, $250,000 in pre-seed funding
ways of registration:
Event page:
Solana Foundation‘s first online Renaissance Hackathon in 2024 has been selected to be held at the event platform Colosseum. In addition to the new track and prize money, the highlight of this year’s competition is that the winning team will have the opportunity to join the Colosseum
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Ethereum vs Solana: Latest upgrade intensifies battle for supremacy

Summary:
• Solana’s upgrade may challenge Ethereum’s Layer-1 dominance, attracting developers to participate at a lower cost.
• Solana still retains over 50% of its developers, indicating its growing popularity and increasing competition with Ethereum.
• Despite its potential, Solana faces several challenges, including network stability and a significant market cap gap with Ethereum.
Solana’s recent upgrades aimed at boosting transaction processing capabilities, coupled with buzz around potential breakthrough consumer applications, will challenge Ethereum’s supremacy.
This development has aroused great interest among blockchain enthusiasts. It marks a potentially transformative phase for Solana, often referred to as the “Ethereum killer.”
Solana
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The new Ponzi king who only rises but never falls? Analyze the operating mechanism of Baseline (YES)

Author: Azuma, Odaily Planet Daily
Sentiment surrounding YES, an emerging token in the Blast ecosystem, is heating up rapidly.
Although it has been less than 48 hours since the creation of the token, it relies on eye-catching narratives such as "only rises but not falls", "cyclical leverage" and the "magical" aura of the former Olympus DAO developer, coupled with a sufficiently eye-catching opening performance. , YES and the Baseline behind it have become the most watched projects in the Blast ecosystem.
In the past day, you can see a large number of well-known KOLs discussing the mechanism design of YES on social media, such as NFT whale Machi, CEHV partner Adam Cochran, Yearn core developer banteg, etc.
So, YES
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IOSG Ventures: GPU supply crisis, the way for start-up AI companies to break through

Original author: Mohit Pandit, IOSG Ventures
Summary
GPU shortages are a reality, supply and demand are tight, but the number of underutilized GPUs can meet today‘s tight supply needs.
An incentive layer is needed to facilitate cloud computing participation and then ultimately coordinate computing tasks for inference or training. The DePIN model is perfect for this purpose.
Because of the supply-side incentives, because the computational cost is lower, the demand side finds this attractive.
Not everything is rosy, there are certain trade-offs you have to make when choosing a Web3 cloud: like ‘latency‘. Compared with traditional GPU cloud, the trade-offs faced also include insurance, service level agreements (Service Level Agreements), etc.
DePIN model has the potential to solve GPU
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FTX claims have just begun, but the impact of asset liquidation is nearing its end

Original | Odaily Planet Daily
Author | Husband How
![FTX claims have just begun, but the impact of asset liquidation is nearing the end](https://piccdn.0daily.com/202403/04104758/zwfw4r2j805iirqz.jpg!webp)
On March 3, FTX Digital’s Joint Official Liquidators (JOL) notified customer and non-customer creditors to submit proof of claims or claims in liquidation through the FTX Digital claims portal. Eligible customer and non-customer creditors must promptly file claims at FTX Digital The deadline to submit claims through the portal is May 15, 2024.
As soon as this news comes out, will it mark the start of November 11, 2022?
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This institutional investor will raise $600 million to buy Bitcoin

Summary:
• As the price of Bitcoin grows rapidly, MicroStrategy plans to raise $600 million through convertible senior notes to increase its Bitcoin holdings.
• MicroStrategy currently holds 193,000 Bitcoins worth approximately $13.19 billion, aiming to fund additional acquisitions.
• Saylor’s strong commitment to cryptocurrencies drives MicroStrategy’s Bitcoin accumulation strategy, which remains stable amid market volatility.
Michael Saylor’s institutional investment firm MicroStrategy announced its plans to increase its Bitcoin holdings amid a surge in digital asset prices.
MicroStrategy plans to raise $600 million for the acquisition.
Currently, the company holds 193,000 Bitcoins worth approximately 131.9
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Tether (USDT) hits a new milestone with a Market Cap of $100 billion

With USDT reaching its latest milestone, the asset has strengthened its dominance in the Stable Coin space, giving its closest competitor, USDC, a Market Cap gap of around $71 billion.
Tether (USDT), the largest stable coin by Market Cap, continues to grow, reaching a new milestone of $100 billion.
The Stable Coin‘s Market Cap reached $100.24 billion at 9:15 UTC Monday, before falling back below $99.7 billion, according to CoinGecko.
The USDT Market Cap reaches $100 billion
Just two months after Tether hit an all-time high, the digital asset crossed the $90 billion mark. The media reported in December last year that the total supply of Stable Coins had surged by more than 900
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Hong Kong Securities and Futures Commission suspects BitForex is committing fraud

The China Securities Regulatory Commission decided to temporarily close the Bitforex .
Hong Kong‘s Securities and Futures Commission (SFC) has issued a public warning to cryptocurrency BitForex over concerns about alleged fraud.
Monday‘s announcement of the warning comes after BitForex unexpectedly went offline on February 23, with 5,700 withdrawn from the ‘s hot wallet.
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Ethena‘s shard is the new "golden shovel"?

Author: 0xYaro
Compiled by: Peng SUN, Foresight News
Ethena Labs Shards are an underrated "golden shovel", and they were very smart to change "points" to "shards", which is so cool.
I did the math on the Ethena shard price and I feel like it‘s undervalued. In short, buy YT USDe on Pendle now.
First, let’s calculate how many “shards” Ethena Labs expects to issue. The event has lasted for 12 days from February 19th to March 2nd.
The current total number of debris is 65.78 billion, and nearly 4 billion debris will be generated every day in the future. Joo provides an unofficial prediction for the next 2 to 4
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Detailed explanation of Singularity: private transactions on transparent blockchain

Author: Oliver, Andy, Howe
The full text is about 10,900 words
Recommended reading time: 30 minutes
Preface
In 1969, financial markets were still traded on traditional trading floors. At that time, computer technology was not yet mature, and traders relied on shouting to issue orders. This inefficient and unprivate trading method made it difficult for institutional investors to conduct large transactions without causing market fluctuations. Instinet, founded by Jerome Pustilnik, came into being. Instinet
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Bitcoin Price Sets Eyes On New ATH, $70K Could Be Next Hurdle

Bitcoin price is up over 8% and trading above the $67,500 resistance. BTC is eyeing a new all-time high and could even hit the $70,000 level.
Bitcoin price is moving higher above the $66,500 support zone.
The price is trading above $67,500 and the 100 hourly Simple moving average.
There is a
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Exciting Launch For TRON Coming, Sun Sends Token 24% Up

TRON (TRX) Founder Justin Sun made an announcement earlier today that created expectations about what’s coming to the eco. Additionally, a second post by Sun made the price of a token surge by 24% in a matter of minutes.
TRON-Based Inions Market To Launch Soon
Recently, the TRON network made it
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Meme Coins Market Cap Soar To Over $54 Billion - Here’s What Is Driving The Surge

The meme coins market cap is currently hovering above $54 billion up by nearly 20% ion the past day. This surge is evident as roughly seven meme coins now rank among the top 100 crypto by market capitalization, marking a significant shift in investor interest towards these once ‘speculative
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