3/18 Evening Briefing: Upbit, Delisting, Morgan Stanley, Bitcoin Fund

Jihyun Ham

Upbit, Go Money 2 (GOM2) delisted

Upbit, a cryptocurrency exchange, delists Go Money 2 (GOM2).
Upbit announced through a website announcement on the 18th that it will end the transaction support for GoMoney 2 at 12:00 pm on the 19th.

Morgan Stanley launches Wall Street’s first’Bitcoin Fund’

On the 17th (US time), CNBC reported exclusively that, citing an anonymous source, Morgan Stanley is launching three bitcoin funds for wealth management customers.

Bitcoin rose 7.2% on Fed announcement of’not raising interest rates’

The U.S. Federal Reserve (Fed) raised its outlook on the U.S. economic situation, including economic growth and unemployment, and expressed negative stance on the possibility of a rapid rate hike and the introduction of tapering. As concerns about a rate hike caused by the recent surge in U.S. Treasury bond rates disappeared, bitcoin prices have also risen sharply.

Dunamu (Upbit) gives all employees stock options

Dunamu (CEO Seok-Woo Lee), who operates the cryptocurrency exchange Upbit, announced on the 18th that it will give all employees a stock option (stock option).

Launched 5 types of trust products including Grayscale, Chainlink and Filecoin

Grayscale, a digital asset manager that operates cryptocurrency-based trust investment products such as Bitcoin and Ethereum, announced on the 17th that it has released five new trust products.

Coinbase ahead of listing, Reddit users are asked questions

On the 17th, Brian Armstrong, CEO of Coinbase, who is about to be listed directly on NASDAQ, announced on the 17th that “Ask Anything (AMA) session with Reddit users related to listing.

Miners responding to Ethereum’EIP-1559′ “Increase mining rewards”

Bitfly, the operator of Ethereum’s largest mining pool, Ethermine, announced on the 18th (Korean time) that it has introduced a MEV (Maximal Extracted Value) function that increases mining rewards in Ethermine through social network service (SNS). .

Channel lysys establishes a Korean subsidiary

It is interpreted that the establishment of a Korean subsidiary by Channel lysys is to keep pace with the response of domestic virtual asset providers (VASP) ahead of the enforcement of the amendment to the Act on Reporting and Use of Specific Financial Transaction Information (Special Act) on March 25 .

Weaknesses of NFT (Non-Replaceable Token)

First, it is a problem related to intellectual property rights. Someone can randomly create and sell NFTs for other people’s digital assets that they did not even create, and the details of ownership displayed on the NFT may differ from the original buyer’s thoughts.

‘Korea DeFi Road Show 2021’ held on the 26th

Hashed, a blockchain investor, will open’Korea Defy Roadshow 2021′ with MakerDAO and Ellipti in the form of an online conference for 3 days from March 24 to 26.

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