Bitcoin supporter Nayib Bukele re-elected as President of El Salvador

El Salvador President Nayib Bukele was re-elected and he is a staunch supporter of Bitcoin.

In El Salvador, Nayib Bukele was re-elected as president and he is an avid supporter of Bitcoin. In 2021, he pushed the National Congress of El Salvador to pass a historic bill to allow Bitcoin to be used as legal tender in the country. The decision makes El Salvador the first country in the world to recognize Bitcoin as legal tender.

Bukele’s supporters believe that his re-election will allow El Salvador to continue to maintain its leadership in the field of digital currencies. They believe that Bitcoin adoption will bring more economic opportunities and investments to the country.

Bitcoin popularity remains limited in El Salvador. Despite strong government promotion, Bitcoin usage in the country still faces challenges due to a lack of widespread acceptance and infrastructure.

Nayib Bukele was re-elected as President of El Salvador and is a staunch supporter of Bitcoin. While the adoption of Bitcoin in El Salvador still faces challenges, his re-election could further spur innovation and experimentation in the digital currency space in the country.

DeFi data

1. Total market value of DeFi tokens: 78.855 billion US dollars

DeFi Total market capitalization and top ten token data source: coingecko

2. The trading volume of decentralized exchanges in the past 24 hours was 33.154 billion US dollars

Source of transaction volume data of decentralized exchanges in the past 24 hours: coincko

3. Assets locked in DeFi: 58.026 billion US dollars

Data source: defillama

NFT data

1. NFT total market value: US$33.228 billion

NFT total market value, market value of the top ten projects data source: Coinmarketcap

2. 24-hour NFT trading volume: 1.588 billion US dollars

24-hour NFT trading volume, top ten project data source: Coinmarketcap

3, top NFT within 24 hours

Top 10 NFT sales within 24 hours Data source: NFTGO

Bitcoin supporter Nayib Bukele was re-elected as President of El Salvador

Golden Finance reported that El Salvador has the highest The Electoral Court announced the preliminary vote count results of the day's election. The current President Nayib Bukele was successfully re-elected as president and is about to usher in another five-year term. Will take office on June 1 this year, Nayib Bukele will become the first re-elected president in El Salvador's democratic period.

NFT Hotspot

1. Japan Airlines JAL will join forces with HAKUHODO to launch the KOKYO NFT series on Astar zkEVM

Golden Finance reported that Astar Network announced on the X platform that Japan Airlines Company (JAL) and advertising agency HAKUHODO will launch the KOKYO NFT series on Astar zkEVM.

2.Nobody NFT now supports users who failed to mint NFT to receive refunds

According to the news on February 5, according to the community announcement, Nobody NFT now supports non-profit users who participated in the lottery but failed to successfully mint NFT. Whitelist users receive refunds.

DeFi Hotspot

1. Pyth Network launches USDE/USD price source

Golden Finance reported that Pyth Network announced that it has launched USDE/USD price source, its USDE/USD price Information is now available on Solana and over 50 other blockchains. USDe is a delta-neutral synthetic USD asset in the form of a fully collateralized, on-chain and censorship-resistant currency managed by Ethena Labs.

2Uniswap community launches "Deploying Uniswap V3 on Zora" temperature check proposal

According to news on February 5, the Snapshot page shows that the Uniswap community has initiated a temperature check proposal on "Deploying Uniswap V3 on the Ethereum L2 Network Zora Network" and has opened voting. The voting ends on February 8.

3.Unisat Wallet now supports Genify

Golden Finance reported that according to Genify official news, Unisat Wallet now supports Genify, and Unisat’s Collection display now fully supports WebGL, p5.js, etc. The dynamic rendering process enhances the immersive experience, allowing the unique code-generated art works on the Genify platform to be dynamically displayed.

4. Starknet is conducting a stress test on the Starknet Goerli test network

On February 5, Starknet announced a stress test on the Starknet Goerli test network. The test starts at 17:00 and is scheduled to last several hours. This test may cause congestion on the Starknet Goerli testnet, which may result in longer waiting times for executing transactions on the testnet. Testing is only conducted on the Starknet Goerli testnet. Other networks, including the mainnet and Sepolia testnet, will not be affected.

5.Merlin Chain: Will be launched on the mainnet this week

Golden Finance reported that Merlin Chain, a second-layer Bitcoin solution, issued a statement stating that it will be launched on the mainnet this week.

Game Hotspot

1. Web3 game platform provider Meme Kombat has completed nearly 8 million US dollars in financing

Golden Finance reported that Web3 game platform provider Meme Kombat has raised funds in its latest financing Nearly US$8 million in financing has been completed in the financing activities, and its hard-cap financing target is US$10 million. Meme Kombat allows token holders to deposit tokens and match meme characters to participate in the game. The first season of 11 characters was launched, followed by the second season. It is reported that the total token supply of Meme Kombat is 120,000,000, of which 30% is used for staking and battle rewards, 10% is used for community rewards, and 10% is used for decentralized exchange liquidity.

2. The VGX Foundation has reached a cooperation with Gala Games to integrate VGX into specific Web3 games

Golden Financial Report, VGX Foundation announced a cooperation with Gala Games to integrate VGX into specific Web3 games Used as reward tokens in the game. After VGX is integrated with Gala Games, gamers can obtain game achievements in specific games through Gala Games. The VGX Fund stated that it has not acquired any VGX tokens, but there are currently more than 278 million VGX tokens in circulation. Its goal is to promote the development of the decentralized game economy through VGX and use VGX as an in-game currency and reward mechanism for diversified games. Community provides support.

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