Hubble Protocol raised $3 M in a Seed Round round on 2021-12-15.

To date, 8 crypto coins already meet the ISO 20022 standard: XRP (XRP), Stellar Lumens (XLM), XDC Network (XDC), Algorand (ALGO), and Iota (IOTA), Hedera Hashgraph (HBB AR), Quant (QNT) and Cardano (ADA). Two of them do not just comply with ISO 20022, they are members of the ISO 20022 standardization body. These currencies are XRP and Stellar Lumens.

The rapid development of the Web3 industry has attracted a large number of practitioners, but legal risks always exist. Although there are currently no clear legal regulations in the country, related activities may still face criminal liability. Therefore, practitioners need to proactively understand legal risks, consult professional lawyers, and make informed career choices to benefit from opportunities amidst uncertainties.

Is the crypto market being too harsh on Vitalik? Vitalik has been absent from social media for over 20 days. During this period, the price of Ethereum repeatedly fell below the psychological threshold for investors. On March 12, the ETH/BTC exchange rate hit a new low since June 2020, dropping to 0.022676. The ETH to BTC exchange rate continued to decline, with early large holders fleeing and retail investors panicking, creating a pervasive negative sentiment. In February, a controversy erupted within the Ethereum community, calling for Vitalik to pay attention to current industry hotspots. In response, Vitalik stated that he does not believe the currently popular competitive model is the best product for blockchain, and he and Ethereum are committed to pursuing better products. Meanwhile, two executives from a trading platform played with memes on social media, using the investment from an Abu Dhabi investment institution in the platform, which triggered a wave of on-chain meme token activity. In this cycle, the popularity of meme tokens has surged, and competitive games are thriving.

Stablecoins are becoming an important bridge between Web2 and Web3, with an expected market capitalization reaching $250 billion by 2025, and even expanding to $2 trillion. Their applications have surpassed the crypto market, facilitating low-cost, high-efficiency payments for cross-border e-commerce and enabling automated settlements. This is an opportunity for blockchain practitioners, who need to build compliance payment systems to promote the formation of new channels in digital finance.

The USUAL protocol superficially offers government bond returns, but in reality, it is a Ponzi Scheme. The project entices users with high returns, ultimately shutting down the redemption channel and taking away the funds, with the project party being the biggest beneficiary. Participants may face losses, and investors need to remain vigilant to avoid participation.