Golden Web3.0 Daily | Musk Donates $75 Million to Support Trump

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DeFi Data

1. DeFi Token Total Market Cap: 79.243 billion US dollars

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Decentralized Finance total Market Cap data source: coingecko

2. In the past 24 hours, the volume of Decentralization exchange is 53.96 billion US dollars

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The volume of Decentralizationexchange in the past 24 hours is from: coingecko

3. Locked assets in Decentralized Finance: $87.984 billion

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Decentralized Finance project locks the top ten rankings of locked assets and the amount of lockups. Data source: defillama

Non-fungible Token Data

1. Non-fungible Token total Market Cap: 296.28 billion US dollars

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Non-fungible Token Total Market Cap, Top Ten Market Cap Projects. Data Source: Coinmarketcap

24-hour NFT trading volume: 2.646 billion US dollars

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Non-fungible Token Total Market Cap, Top Ten Market Cap Projects. Data Source: Coinmarketcap

Top Non-fungible Token within 3.24 hours

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Top 10 Non-fungible Tokens by sales growth in the last 24 hours. Data source: Non-fungible TokenGO.

Headline

Elon Musk donates $75 million to support Trump

On October 16, according to Federal Election Commission records, Musk donated $75 million to a U.S. political action committee supporting Trump.

NFT Hotspots

1.The first round of WooKong Mint has exceeded 12,800 pieces, and the highest repurchase price of this round of Non-fungible Token reaches 1000 TON

On October 16th, it was announced that since the launch of WooKong yesterday, the Mint quantity has exceeded 12,800, and the first round of repurchase cycle Mint progress has reached 28.33%. The NFT selling price for this round is about $1, with a repurchase scale of 50%, and the highest repurchase unit price is 1000 TON, approximately $5200. It is reported that the repurchase process of WooKong will start immediately after the Mint progress reaches 100%. Probability-wise, for every 2 Non-fungible Tokens Minted, 1 Non-fungible Token will definitely enter the repurchase pool. The Telegram mini-program wookongbot has opened a secondary trading market. After all 6 repurchase cycles are completed, all Non-fungible Tokens that have not entered the repurchase pool have a chance to be repurchased by WooKong’s investors at a price of 300,000 TON.

DeFi Hotspots

1.BNB beacon chain will stop running before mid-November

Golden Finance reported that BNB Chain announced that BNB beacon chain validators will stop running the verification before mid-November to complete the shutdown. At that time, the BNB beacon chain will stop running and stop processing any new transactions. BNB Chain urges users and centralized exchanges to take specific actions to prevent assets from being completely lost. 01928374656574839201

2. The Ethereum ecosystem memesNeiro will be launched on the Base network

According to Jinse Finance, Neiro Token, a meme coin in the Ethereum ecosystem, will be listed on the Base network. To promote liquidity, Neiro has also applied to join the Allowlist of Aero, the DEX protocol in the Base ecosystem.

3. Report: The market size of the RWAtokenization industry may rise by over 50 times by 2030

On October 16th, according to the research report from Tren Finance, some of the largest financial institutions and business consulting companies predict that the RWAtokenization industry may rise by more than 50 times by 2030. Most companies predict that the market size of the RWA sector could reach $4 trillion to $30 trillion. If the industry achieves the median forecast of about $10 trillion, its value will be more than 54 times higher than it is now. Real-world assets offer huge growth potential, as the current value of the industry is only $185 billion (including Stablecoin). However, Stablecoin continues to dominate the RWA sector, with a market share of over $170 billion. In contrast, the value of on-chain tokenization of securities and government bonds is only $22 billion. As the industry matures, the RWA field may begin to cover more global financial markets. According to a research report by Tren Finance, this could reshape financial markets, including the way people invest, trade, and hold assets.

4. ZK hardware acceleration project Cysic has partnered with Scroll, and SCR pump is about 10% thereafter.

On October 16th, Cysic Network, a ZK hardware acceleration project, announced a partnership with ETH L2 Scroll to integrate zero-knowledge computing capabilities into the blockchain to accelerate the scalability of Ethereum. The price of Scroll’s SCR Token has surged 10% after the recent announcement of its alliance with Cysic Network. The focus of this collaboration is to enhance transaction efficiency and security on the Ethereum blockchain by integrating Cysic’s cutting-edge Zero-Knowledge (ZK) computing technology.

5**. Yala testnet is now live**

On October 16th, Yala announced on the X platform that its testnet is now live. Through the Yala testnet, users will be able to deposit YU, manage their positions, and stake YU to earn points. Earlier news, Yala completed an $8 million seed round financing, led by Polychain Capital and Ethereal Ventures.

6. Astria announces the upcoming launch of Mainnet

Golden Finance reported that the shared sequencer network Astria announced that it will soon go live on Mainnet. Previously, in July 2024, Astria completed a $12.5 million financing round, led by DBA and Placeholder VC.

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