Leighton (@38283) • Hey
web3 practitioner
Publications
- Solana Ecological DePIN Protocol <https://io.net> stated on its social platform that the final points for Season 1 have been updated and users can query them on the IO Worker page. At the same time, the project team stated that there will be no other changes to the points for Season 1.
- The Central Bank of the Philippines has approved a stablecoin PHPC pegged to the Philippine peso, a move aimed at facilitating cost-effective remittances backed by cash and equivalents from Philippine banks. It will initially be launched on the <https://Coins.ph> platform, with plans to expand Other platforms.
PHPC will be the first peso-backed stablecoin for retail investors, offering real-time trading around the clock.
- OpenAI has made an announcement outlining its stance on the use of data in the AI era and announced that it will launch a Media Manager tool that will allow content creators and copyright holders to manage how their works are used in AI training.
OpenAI said that AI systems should respect and benefit content creators, and they are working closely with the creator community to continuously improve the industry-leading system to reflect the wishes of copyright holders. Media Manager tools will allow content owners to label the content they own and specify how it is included or excluded from machine learning research and training.
In addition, OpenAI also announced cooperation with a number of global news publishers to display their content in ChatGPT to enrich users’ experience on news topics. In the future, this content can also be used to train ChatGPT to better present relevant publisher content to users.
OpenAI stated that they hope to work with creators, content owners and regulators to launch the Media Manager tool by 2025, set a benchmark for the AI industry, and jointly create a social contract that benefits all parties in the AI era.
- Ambient, a decentralized environmental data network project based on Solana, announced the completion of a US$ 2 million seed round of financing, led by Borderless Capital, with participation from Solana Ventures, Parami Investors, Sonic Boom Ventures, Primal Capital and others. Ambient was founded in January this year, acquired Algorand-based environmental data project PlanetWatch in March, and decided to move to Solana.
Ambient plans to launch on the Solana testnet this summer and later launch its own token to incentivize users to contribute data. Currently, Ambient has deployed more than 25,000 sensors in more than 20 countries around the world, collecting data every 5 minutes and generating more than 10.7 billion data streams.
- RunesFactory announced the launch of a one-stop Liquidity solution for BTC ecological assets, focusing on BTC long-tail asset liquidity issues and building a liquidity management and decentralized asset efficiency improvement platform. The platform supports staking of various assets in the BTC ecosystem, the creation of liquidity pools, and allows synthetic asset lending through mortgages.
RunesFactory aims to create an asset liquidity layer for the Bitcoin ecosystem and will incentivize the RUNE ecosystem in a revolutionary way. It has been connected to the Runes main network, and Runes Mint and trading functions have been launched. It is reported that RunesFactory will join hands with Omnity Network and RunesCC, the Runes Chinese community, to host the Runes Asia 2024 large-scale event in Hong Kong on May 9.
- Runestone promoter Leonidas posted on social media that the Runestone snapshot has been completed. In block 840,269, each Runestone NFT held by the user can obtain 889,806 DOG•GO•TO•THE•MOON runes (No. 3 runes). DOG will be automatically airdropped to the user's wallet in the next few days without the need to apply. collar.
- Landesbank Baden-Württemberg (LBBW), Germany’s largest state bank, plans to start offering cryptocurrency custody services in partnership with Bitpanda exchange. LBBW and Bitpanda will offer crypto asset custody services to institutional and corporate clients starting in the second half of 2024, according to a statement issued by the two companies on Monday.
- Multisynq, a decentralized Internet bandwidth sharing network, announced that it has completed a US$ 2.2 million seed round of financing, led by Manifold, with participation from ARKN Ventures, PHD Capital, EnigmaFunge, AlphaCrypto, Republic Crypto and multiple angel investors. It is reported that Multisynq supports individuals to sell excess Internet bandwidth to developers, realizing the goal of Internet bandwidth sharing while monetizing.
- The asset synthesis protocol Synthetix stated on its social platform that according to the SIP-2059 proposal, Synthetix will stop trading non-USD spot synthetic assets on the Ethereum mainnet before April 15 and migrate to the V3 system. This requires users holding sETH, sBTC or other non-sUSD spot synthetic assets to complete the asset exchange before the above date
- Andre Cronje, director of the Fantom Foundation, expressed his views on the recent frequent congestion on the Solana network on social media. Many skeptics viewed this as a failure for Solana and sneered at it. But Cronje believes that the congestion stems precisely from the booming development of the Solana ecosystem, and the demand for block space has increased significantly.
Cronje pointed out that the performance bottleneck is an engineering problem, not a flaw in the consensus mechanism or other key components, and the Solana development team is working hard to optimize it. He describes Solana as a "victim" of his own success
- The re-pledge protocol ether.fi stated on social platforms that it has launched the second quarter point activity StakeRank, which will be from March 15 to June 30. Long-term staking users will receive generous rewards, accounting for 5% of the total ETHFI supply.
StakeRank consists of 8 levels. Every 100 hours of staking ETH increases the level. Each level has a higher loyalty points increase rate. The pledge balance needs to exceed 0.1 eETH to increase the level. Users who account for more than 70% of the points in the first quarter must register in the first quarter. Users who pledge again during Season 2 and withdraw early will not be eligible for the airdrop.
- Intmax co-founder Mai Fujimoto said that EIP-4844 has become a reliable solution to solve the scalability challenges of the Ethereum network. EIP-4844 is also of great significance for Layer 2 scaling solutions such as ZK-Rollup and Optimistic because it reduces the number of nodes. storage tasks, reducing costs.
- According to Fortune magazine, crypto custodian Anchorage Digital announced the launch of Porto, a self-hosted wallet for institutions. The wallet is provided directly by Anchorage’s digital division and allows institutions to hold and handle their own assets instead of hosting assets on behalf of customers, using The same underlying technologies as its banks, such as biometric authentication and asset recovery. Porto supports over 200 tokens, including Bitcoin, Ethereum, Aptos, Sui, and more.
- Ola, the second-layer ZK programmable privacy and expansion project, announced the launch of the Ola Airdrop Vault program. This program aims to reward and thank active builders in the community, including early contributors to the Ola community, OVP holders, and Ola ecosystem Developers and feedback providers, in addition, Ola plans to conduct airdrops to developers, researchers and advocates of zero-knowledge proof (ZK) technology. The distribution of airdrops mainly includes community proposals and voting and direct distribution by the Ola team when major projects progress. .
Ola has previously received token airdrops from Celestia and Starknet for its contributions to blockchain and ZK technology, and the resulting token rewards have been used in community events and draws for OVP holders. In the future, the Ola Airdrop Vault program will introduce NFTs and more tokens from projects to further expand the scope of rewards in the Airdrop Vault.
- Pyth Network has launched its Bitcoin ETF price feed, with real-time trusted price data from 13 Bitcoin ETFs (ARK Invest, BlackRock, VanEck, WisdomTree, Fidelity, Invesco, Franklin, Hashdex, Valkyrie, Grayscale and Bitwise) developed for DeFi Open to authors and users.
- According to CoinDesk, Bloomberg ETF analyst James Seyffart said, "Theoretically, someone acquiring Grayscale is possible, and it may even happen in a long enough time frame, especially considering the problems its parent company is currently facing."
Grayscale is owned by Digital Currency Group (DCG). DCG, its Genesis subsidiary and former business partner Gemini Trust were sued by New York state in October for allegedly defrauding investors of more than $ 1 billion.
BDE Ventures founder Brian D. Evans said DCG’s legal issues and the large withdrawal of funds from GBTC could speed up the sale process. "It raises questions about the timing of how this is going to play out," he said. "I suspect that if an acquisition happens, it will probably be sooner rather than later because you want to acquire all of (Grayscale's) Bitcoin before the price goes up." currency."
- Web3 security and privacy company Blockaid said digital marketing platform Mailer Lite fell victim to a phishing attack, resulting in losses of more than $ 600,000, The Block reports.
Blockaid explained in the post that attackers took advantage of Mailer Lite vulnerabilities and imitated Web3 companies to send seemingly legitimate emails that actually contained malicious links to money-stealing websites, adding: "The attackers exploited the previous Mailer Lite The fact that they were authorized to send emails on behalf of these sites allowed them to craft emails that appeared to come from these organizations."
"Specifically, they used 'dangling DNS' records (previously used by these companies) associated with Mailer Lite," Blockaid continued. "After closing their accounts, these DNS records remain active, providing attackers with the opportunity to claim and impersonate these accounts."
- Coinbase has partnered with local African stablecoin trading platform Yellow Card to expand its services in Africa as part of a compliance-focused global development plan.
The partnership will enable more than half of Africa’s population to purchase USDC through the Coinbase wallet app starting in February. App users are also allowed to send stablecoins for free via email and messaging apps such as WhatsApp, iMessage and Telegram. Yellow Card users can also purchase USDC on the Base network.
- OKX CEO Star posted on social media that the approval of the Bitcoin spot ETF means that traditional financial institutions are accepting the encryption industry. Cryptocurrency is a revolution based on underlying technologies, just like the internet, mobile technology and artificial intelligence. The advantage of encryption is not that it is against regulation or anonymity, all transactions are permanently recorded on the blockchain and can be tracked. In theory, crypto companies can monitor transactions and detect suspicious activity better than banks because of the existence of an on-chain ledger. It’s just that the industry is still young and needs more time to establish these compliance systems.
- RC20 founder Domo posted on social media that the path forward agreed with UniSat and other parties is as follows: 1. Ord version 0.14 will be adopted (that is, it is agreed that BRC-20 will follow the Ordinals upgrade); 2. Ignore the latest Vindications proposed by Casey for the time being. Can be enabled in the future; 3. Address corner cases raised in Vindication PR; 4. Ignore proxy/encoding issues.
It is reported that a charm named "vindicated" was added to Vindication's PR with the purpose of proving that only small changes to the ord can support BRC-20 indexers that want to update to a new version of ord later. Method This allows them to temporarily ignore inscriptions with the "vindicated" charm until they are updated to a new version.
- Arthur Hayes predicts Bitcoin will face a 20% to 30% correction in March and unveils his options trading strategy
- Ripple expects over 41 billion XRP in custodial wallets to be fully released by 2027
- The oracle project Tellor team said it realizes the potential to expand the Bitcoin ecosystem by introducing BRC20 assets. Users can embrace the future of cryptocurrency by seamlessly integrating user interactions with BRC20 assets with Tellor. Tellor is developing the L1 oracle chain Tellor Layer.
- According to the official website, GMX is now connected to the OKX Web3 wallet. Users can conduct spot or perpetual contract transactions on GMX through the OKX Web3 wallet plug-in. GMX is a decentralized spot and perpetual contract trading platform created on the Arbitrum and Avalanche networks, designed to provide trading services with zero slippage and low fees.
It is reported that OKX Web3 Wallet is the leading one-stop Web3 portal. It now supports 80+ public chains. The three terminals of App, plug-in and web page are unified, covering 5 major sectors of wallet, DEX, DeFi, NFT market, DApp exploration, and supports Ordinals. Market, MPC and AA smart contract wallets, exchange Gas, connect hardware wallets, etc.
- According to Avascriptions market data, the 24-hour trading volume of AVAS, the first inscription token on the Avalanche chain, exceeded 25,000 AVAX, ranking among the top three on the avascriptions.com trading platform.
It is reported that AVAS is the first ASC20 protocol token deployed on the Avalanche chain, and was deployed and created on June 29, 2023.
- Asset management group VanEck said in its annual cryptocurrency forecast report that despite the long-term U.S. economic recession expected to arrive next year, expected spot ETF approvals and the upcoming Bitcoin halving event will drive growth in the fourth quarter of 2024. Bitcoin hits new all-time highs.
VanEck analysts Matthew Sigel and Patrick Bush expect the U.S. economy to slip into recession in the first half of 2024 as economic momentum slows and deflation cools, leaving it more vulnerable to shocks.
VanEck believes spot Bitcoin ETFs will trade at around 0.1% spreads, with many brokerages offering zero commissions, which will catalyze demand.
- Digital asset brokerage Nonco has completed a $ 10 million seed round led by Valor Capital Group and Hack VC, with participation from Morgan Creek Digital, CMCC, Lvna Capital, Theta Capital, Bullish, Bastion Trading and Libra Capital Ventures.
It is reported that the company was spun off from OSL Digital Limited, the American division of Hong Kong digital asset platform OSL, and is composed of the same team. OSL retains a minority stake in the new company. Since its launch in April, the company has logged $ 6 billion in transaction volume in the Americas.
- Bitget released the latest data on protection funds in November. The data shows that the highest size of protection funds in November was US$ 410.37 million (November 16) and the lowest size was US$ 389.36 million (November 1). The average size was US$ 401.31 million, an increase of 12% from the previous month, surpassing the historical peak. These assets are stored in public addresses that users can track and verify in real time.
Bitget’s Protection Fund was launched in August 2022 with an initial size of $ 200 million and is designed to protect users’ assets from force majeure events, hacker attacks, or extreme market conditions. In November 2022, Bitget increased the size of the fund to over US$ 300 million.
- Solana DEX aggregator Jupiter has announced that the project has opened the first round of claims for the JUP token airdrop.
According to previously announced information, the total amount of JUP is 10 billion, of which 40% will be distributed to the community through 4 rounds of airdrops. 10% (1 billion) will be distributed in the first round. 95.5 will interact directly with Jupiter before November 2. Ten thousand wallets are eligible for the airdrop. In the first round, 2% of tokens will be distributed to all wallets, and 7% of tokens will be distributed "based on interaction score statistics, which will be based on adjusted transaction volume." Another 1% will be allocated to community members and developers on Discord and Twitter.
- According to monitoring by Pidun community contributors, a KyberSwap attacker has returned 361,876 USDC.e on the Avalanche network.
BlockBeats previously reported that earlier today, the KyberSwap team announced that it had been in contact with the owners of frontrun bots on Polygon and Avalanche that had withdrawn approximately $ 5.7 million from the KyberSwap liquidity pool. After negotiation, the front-running robot owner agreed to return 90% of user funds to the designated address 0x8180a5CA4E3B94045e05A9313777955f7518D757, and accept 10% of the bounty in return as described in the message on the chain
- Atomics Market issued the latest announcement to remind all users who have placed orders on Atomics Market that in order to ensure the safety of their assets, they should transfer their assets to a new address as soon as possible. The move is one of the emergency security measures Atomics Market has taken following a series of recent security incidents.
Prior to this, Atomics Market received widespread attention from the community due to the "zero yuan purchase" incident, and this issue caused a public dispute with Atomics Protocol. At present, the management of Atomics Market has changed, and the new team promises to fully compensate users who were damaged by the "zero yuan purchase" incident.
- According to Forbes, German federal lawmaker Joana Cotar recently announced her support for recognizing Bitcoin as legal tender in Germany. Cotar revealed her intention to lead a “preliminary review” to develop a legal framework that would formally recognize Bitcoin’s legal tender status.
To advance her initiatives within the German legislative body, Cotar launched the “Bitcoin in the Bundestag” initiative, with the goal of making members of parliament more aware of Bitcoin’s many benefits so that legislative decisions can be more informed.
- Wallet address and private key storage project 1Password posted on social media that users who downloaded and used an older version of 1Password from the Mac App Store may receive an error message stating that the 1Password application is corrupted. The 1Password team is currently investigating the root cause of this issue. According to preliminary investigations, some users solved the problem by automatically setting the Mac's system time, restarting the Mac, deleting the App Store version, and installing the App from the official website. If the above method doesn't work, you can contact the 1Password team. The issue only affects older versions of 1Password that are no longer supported, and the 1Password team recommends that all users upgrade to 1Password 8
- , Jupiter Exchange, the Solana ecological alternative asset trading platform, stated that it will announce major progress related to the first round of community airdrops during the Solana Breakpoint conference, as well as more information about other "Grow The Pie" plans.
BlockBeats previously reported that on November 3, Jupiter Exchange, the Solana ecological alternative asset trading platform, announced the upcoming launch of the native token JUP during the Solana Breakpoint conference, and promised that 40% will be used for community growth and airdrops, and 20% will be used for public token sales. 40% goes to team and strategic reserves.
Additionally, Jupiter’s pseudonymous co-founder Meow said in the community that Jupiter will consult with the community over the next two weeks before formulating a firm release schedule, adding that JUP will serve as the governance token. Jupiter Exchange completed a $5 million seed round in May last year, led by White Hilt Capital.
- Cybersecurity agency vx-underground said that a hacker group claimed that it had stolen the back-end system source code of bankrupt Bitcoin ATM company Coin Cloud, 70,000 customer selfies and sensitive personal information of 300,000 customers, including customer names, Address, date of birth, occupation, phone number, etc.
Coin Cloud operated more than 4,000 machines in the United States and Brazil until it filed for bankruptcy in February of this year.
- The total minting amount of the Bitcoin NFT protocol Ordinals has exceeded 37 million, reaching 37,291,753 pieces, and the current total transaction fee is 2,155.6028 BTC (approximately $75,009,930).
It is worth noting that the data shows that the casting volume of Ordinals in the past 10 days has picked up significantly compared with the period from late September to late October.
- The total transaction volume of NFTs issued by Nike's encrypted fashion brand RTFKT has reached nearly US$1.4 billion. At the same time, according to data from DefiLlama, the total revenue of RTFKT's more than twenty series (including the CloneX-Takashi Murakami incarnation NFT launched at the end of 2021) has amounted to US$170 million.
Owning an NFT offers consumers the opportunity to order limited-edition Nike shoes with special authentication tags embedded in them, attracting thousands of sneakerheads.
- gm lens frens 👋
Today I have made an important decision in my life 📢
I quit my job today and going to focus full-time on maintaining the first-ever open-source frontend @lenster.lens 🌸 powered by @lensprotocol 🌿.
Building social media was my dream since 10th grade, I built more than 4 social media in public but all failed, Lenster is my 5th one and it’s going crazy ⚡️.
I believe building in public is key 🔑 to the success of a product.
We have a lot of items queued up in the roadmap, be excited about it 🕺
**Collect this post for 2 WMATIC and support Lenster’s development 🙏**
- OKX Web3 Wallet joins hands with CAC, the world's largest BAYC community, to launch a welfare event and will provide 2,000 commemorative NFTs for the Ape Cosplay Party. Users can now receive them for free for a limited time. Among them, 15 are specially customized editions. Users who obtain a specially customized version of NFT will have the opportunity to redeem tickets for the Ape Cosplay Party on November 2, and receive OKX’s limited edition peripheral gifts at the event.
It is reported that CAC (Chinese Ape Club) is composed of Chinese BAYC and MAYC holders and is currently the largest BAYC community in the world. OKX Web3 Wallet is the leading one-stop Web3 portal. It currently supports 70+ public chains, covering 5 major sectors: wallet, DEX, DeFi, NFT market, and DApp exploration. It also supports Ordinals market, MPC and AA smart contract wallets, and Gas exchange. , connect to hardware wallets, etc., bringing users a convenient and safe experience.
- According to the official announcement, Binance will list Celestia (TIA) and is tentatively scheduled to open trading on TIA/BTC, TIA/USDT and TIA/TRY spot trading pairs at 16:00 (UTC) on October 31, 2023.
In addition, Binance will add a seed tag to TIA. It is reported that tokens marked with a seed tag may have higher volatility and risk than other listed tokens. Users will need to pass the appropriate quizzes on the Binance Spot and/or Binance Leverage platforms every 90 days and accept the Terms of Use to gain access to trade seed-tagged tokens.
- Frax Finance, a hybrid algorithm stablecoin protocol, announced its cooperation with TProtocol, the first RWA lending protocol on the chain, and launched USTP-FRAXBP liquidity mining on Curve. The mining rewards of this liquidity pool are CRV and TPS airdrops, with an APR of 50 %. This is the second RWA cooperation project that Frax Finance has cooperated with, and it also marks the official layout of FRAX in RWA.
It is understood that USTP is an over-collateralized stablecoin based on TProtocol treasury bond lending, and its iUSTP can generate about 5% lending income.
- The founder of Uniswap destroyed 99.99% of the test currency HayCoin, and the price of HayCoin soared to a maximum of $4.17 million
- According to globenewswire, Virgo Global, the holding company of Canadian cryptocurrency trading platform VirgoCX, completed a financing of CAD 5 million. This round of financing was participated by Waterdrip Capital, Skylean Capital and Nextport Capital. The funds from this round of financing will be used to further develop its regulated entities. As well as continued plans to expand into new regions, there are also plans to develop a vertically integrated ecosystem from trading platforms to digital asset management to meet the various needs of users.
- The BitVol (Bitcoin Volatility) Index, launched by financial index company T3 Index in conjunction with Bitcoin options trading platform LedgerX, rebounded to 39 yesterday, with a daily increase of 0.44%.
- The Arbitrum community has opened the second round of voting for the Security Council elections, with 19 days remaining. The second round of voting lasts for 21 days, with delegates having full voting rights for the first 7 days and linearly decreasing voting rights from days 8 to 21. The six candidates who receive the most votes will become members of the Security Council.
- In response to NFT Ethics’ previous report that “KOL Sisyphus’ true identity is suspected to be OpenSea’s venture capital director Kevin Pawlak,” an OpenSea spokesperson said: “Kevin Pawlak is a former OpenSea employee who resigned in June 2023. His scope of work during his time at OpenSea Limited, holding a non-management position. We are not aware of his involvement in the projects in question. Furthermore, we have no connection to, nor information about, the projects in question as they were conducted before he joined OpenSea.”
Additionally, blockchain sleuth ZachXBT also questioned NFT Ethics’ claims, saying that much of the post appears to be based on “irrelevant events with no facts.”
- The SEC is delaying a decision on VanEck’s application for a spot Bitcoin ETF, The Block reports. The regulator said it was launching additional procedures to determine whether the proposed ETF should be approved or disapproved. The SEC requires commentators to provide comments, and they have 21 days to submit written data, opinions and arguments; there is also a 35-day rebuttal period, which means that the approval process will drag on for at least several months.
In addition, the SEC stated in response to WisdomTree’s spot Bitcoin ETF application: “The initiation of proceedings does not indicate that the Commission has reached any conclusions on any of the issues involved.” The SEC also added that it hopes to have new opinions on the proposed supervision-sharing agreement with Coinbase. view.
- Vitalik Buterin published a latest article titled "Should Ethereum Encapsulate More Content in the Protocol", pointing out that Ethereum's original philosophy was to keep the underlying core as simple as possible, and recently people have become interested in integrating some functions into the underlying layer. The purpose of this article is to try to build a framework to better identify where embedding certain functionality in a protocol might be worth considering.
The article specifically analyzes potential functions around account abstraction such as ERC-4337, ZK-EVMs, proposer-builder separation (ePBS), privacy memory pools, liquidity staking, and more precompiled contracts.
Vitalik said that it is correct to keep the kernel simple from a pure software perspective, so that it can be easily adapted to the different needs of users and avoid the curse of software bloat. However, blockchains are not personal computing operating systems, they are social systems, which means it makes sense to encapsulate certain functionality in the protocol.
- Paradigm Chief Technology Officer Georgios Konstantopoulos posted on social media that he is considering holding a one-day hackathon in New York at the end of October or early November, focusing on consumer-facing cryptocurrency applications.
Applications for the hackathon are now open, and if enough applications are received, Paradigm will move the matter forward and invite mentors from well-known applications and tools.
- According to Blockwork, Buenos Aires, the capital of Argentina, will launch QuarkID, an open source digital identity protocol based on blockchain, to simplify the process for citizens to access public services. Citizens of Buenos Aires will be able to download the protocol’s local wallet to obtain important personal documents such as birth and marriage certificates.
The QuarkID wallet is built on the technology stack of zkSync development company Matter Labs, leveraging the blockchain framework of zkSync Era for integrated document storage, which serves as the settlement layer of the QuarkID platform. QuarkID’s full roadmap will be released by the end of the year