monty (@38783) • Hey

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BNB Chain posted on social media that opBNB testnet nodes must be upgraded to the latest version before the fork on May 15. BlockBeats previously reported that on May 9, opBNB released version v0.4.0 and announced that it would conduct four hard rounds of Snow, Shanghai/Canyon, Delta and Cancun/Ecotone on the test network from 06:00-06:30 UTC on May 15. Fork upgrade. This upgrade will reduce gas fees on the opBNB testnet by 10x. The opBNB team reminds that all testnet nodes must be upgraded to the latest version before 06:00 UTC on May 15. Additionally, this upgrade includes the transition of DA data from calldata to blob format, as well as several op-node configuration changes.
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.
Avalon Finance, the BTC ecological lending protocol, has officially launched on the BTC public chain Bitlayer and supports various Bitlayer native assets, including the stable currency bitUSD issued by Bitsmiley. It is reported that this move is the first step in the multi-chain deployment of Avalon Finance. Avalon Finance was previously the largest lending protocol on Merlin Chain, with TVL exceeding $ 200 million.
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.
zkRollup Zircuit announced the launch of its staking plan. Users can now participate by staking ETH, ezETH, rswETH, rsETH, LsETH and stETH and other assets. Not only can they continue to enjoy the original staking income, EigenLayer Points and other rewards, but they will also receive additional 100% Zircuit Points bonus.
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.
Cheng Songyan, CEO of Hong Kong Cyberport, said that building an artificial intelligence ecosystem is the focus of Cyberport’s current and future development. Next, more mainland enterprises will be encouraged to make good use of the Cyberport platform and the upcoming supercomputing center, so that these enterprises can form good cooperation with Hong Kong's financial technology, Web3.0, artificial intelligence and other industrial ecology, helping them to move towards Southeast Asia, Go global.
Binance executive Nadeem Anjarwalla escaped from prison after being detained in Nigeria, and federal authorities have traced his flight to Kenya. The Economic and Financial Crimes Commission, Interpol, the Nigeria Police Force and the Kenya Police Service have deepened negotiations to expedite the extradition of Nadeem Anjarwalla. Nadeem Anjarwalla reportedly went into hiding immediately after arriving in Kenya, and his identity has now been revealed.
Polygon modular blockchain project Avail announced that it has joined the AI Gaming Alliance initiated by NIM Network. The strategic partnership between the two parties will focus on creating specialized DA solutions for artificial intelligence games. Previously, decentralized data sharing protocol OceanProtocol, on-chain competition platform JokeRace and Web3 social simulation game Today have joined the alliance. BlockBeats previously reported that in February, Avail announced the completion of a $ 27 million seed round of financing, led by Founders Fund and Dragonfly, the venture capital firms founded by Peter Thiel, with participation from SevenX Ventures, Figment, Nomad Capital and several angel investors
On-chain asset management infrastructure provider QuantAMM announced the completion of a $ 1.85 million pre-seed round of financing, with participation from 8VC, Mako, Marshland Capital, 369 Capital, TradFi and DeFi angel investors. This funding round follows QuantAMM’s completion of the Longhash and Hypernest accelerator programs. QuantAMM is preparing to launch its V1 and Layer 2 solutions on the Ethereum mainnet in the second quarter. From 2024 to 2025, QuantAMM will expand its product range to include cross-chain solutions and a set of foundations tailored for institutional clients. facility.
Greeks.live researcher Adam released this week’s crypto market trend outlook on social media: This week we will mainly focus on Friday’s core PCE data. Last week, Powell’s speech reiterated expectations for an interest rate cut. If this Friday’s data is not too outrageous, the Fed’s interest rate policy will not be negative for the currency market for the time being. The overall rebound in the currency market over the weekend also confirms the market’s optimism. This BTC 73,000-61,000 correction is likely to have come to an end. Bitcoin and the entire cryptocurrency market have experienced a deep correction in the past week. However, with the Fed’s dovish tone, cryptocurrencies led by Bitcoin have rebounded as a whole. Currently, BTC is around 66,500. The risk of further decline is reduced, and Dvol has also dropped further to 66,500. 72.5, Dvol is likely to fall further as the delivery date approaches. In terms of the crypto interest rate market, major Bitfinex spot investors are increasing leverage, and the Greenleaf interest rate market has become active again.
RUFI, the first rune asset of Merlin Chain, the native second-layer network of Bitcoin, was launched fairly on UniCross, and within 30 minutes of its launch, more than 700,000 contracts were traded. It is reported that RUFI is the first Runes asset in the Merlin ecosystem, with a total circulation of 100 million, nearly 5 times that of SATS. RUFI innovatively introduces the concept of "talisman swap", supporting the exchange of BRC-20 tokens for Runes tokens at a 1:1 ratio.
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.
Talus Network, an on-chain artificial intelligence network platform based on MoveVM, announced the completion of a US$ 3 million first round of financing. This round of financing was led by Polychain Capital, dao5, Hash3, TRGC, WAGMI Ventures and Inception Capital, as well as investors from Nvidia, IBM, Blue7, Symbolic Angel investors from major technology and blockchain companies including Capital and Render Network participated.
Reveel, the Web3 revenue sharing protocol participated by Binance Labs, has launched an airdrop point activity and has given away 48,000 points to its Alpha community. The role of points will be revealed in major announcements in the coming weeks. Reveel, a platform for Web3 creators to track their portfolios, automate revenue sharing, and report on-chain income, was selected into Binance Labs’ Phase 4 Incubation Program in May 2022 and was founded by Swiss reggae musician and producer Adrien Stern. . On September 6, 2022, Reveel completed a $ 1.3 million Pre-Seed round of financing, with participation from Binance Labs, Moment Ventures, etc.
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.
Encryption chip company Ingonyama completed a $ 21 million seed round of financing, led by IOSG Ventures, Walden Catalyst Ventures and Geometry, with participation from IOBC and others. Ingonyama launched ICICLE, Ingonyama’s library for accelerating ZK on GPUs, in March 2023. ICICLE allows developers with zero GPU experience to exponentially accelerate their ZK applications.
Maker issued a statement saying that the RETH-A treasury is being removed from Maker and the maximum debt limit of RETH-A has been reduced to 0. An upcoming execution vote will deploy parameter changes to complete RETH-A’s exit from the Maker protocol. Once the parameters are all changed and deployed into the Maker protocol, all RETH-A positions with collateralization below 10,000% will be liquidated. Spark continues to offer rETH as collateral, with the free supply capped at approximately 40,000 rETH. Maker strongly recommends that RETH-A users repay their DAI debt in full and close all RETH-A vaults on the Maker protocol before completing the delisting
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.
As reported by Cointelegraph, Fidelity said that expected interest rate cuts by the Federal Reserve may revive interest in decentralized finance (DeFi) and stablecoins from major institutions, provided that the infrastructure is further developed this year. In its 2024 Digital Asset Outlook report released on January 13, Fidelity stated that although institutions were expected to get involved in DeFi last year for the benefits of DeFi, as the Federal Reserve’s interest rate hikes pushed them to switch to traditional fixed income products that are “considered to be safer,” they eventually Didn't happen. “In the current risk-off environment, institutions believe that the mid-single-digit returns offered by DeFi yields are too low for the risks associated with experimenting with smart contracts.” The report stated that if DeFi income "becomes more attractive than traditional finance (TradFi) income again and more developed infrastructure emerges," institutions may have "new interest" in DeFi in 2024.
CertiK's Twitter account has been compromised. Published false news claiming that the Uniswap router contract was found to be vulnerable to a reentrancy vulnerability. The link attached to RevokeCash is a phishing link, Uniswap is not risky, please do not trust or click on any link posted on this account.
LINE NFT officially announced that it will cease services starting today. As its successor, LINE NEXT Inc. will provide a newly upgraded "DOSI" service, which is scheduled to be officially launched on January 10. LINE NFT expresses its gratitude to users for their long-term support and invites users to switch to the new version of "DOSI".
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.
Cryptocurrency mining company BIT Mining Limited announced that it has agreed to sell its entire mining pool business operating under BTC.com to Esport-Win Limited, a Hong Kong limited liability company, for a total consideration of US$ 5 million, PR Newswire reported. The sale of the business is expected to increase BIT Mining's total shareholders' equity by approximately $ 16 million, as the business has net cryptocurrency liabilities of approximately $ 11 million. The sale does not include or affect any other business of BIT Mining
According to Sing Tao Toutiao, Hong Kong-listed company Delin Holdings will launch AI family office services. Its executive director and chief marketing officer Ai Kuiyu said that the relevant system and APP are expected to be launched in the first quarter of 2024, and the customer asset threshold will be set is US$ 1 million. In addition, Delin Holdings will also launch the investment data system "DL-GPT". All asset information will be stored on an unchangeable blockchain, and the company will not have viewing rights. Ai Kuiyu also revealed that Delin Digital Family Office is applying for a virtual asset management license from the Hong Kong Securities Regulatory Commission. It is expected that the proportion of virtual assets in its investment allocation will continue to increase in the future. However, due to the uncertainty in the pricing of virtual assets, especially virtual currencies such as Bitcoin, There are clear definitions, so when managing virtual assets for customers, we will be cautious and temporarily control the allocation ratio of such assets below 5%.
The Boring Security social platform posted that the 36 BAYC and 18 MAYC stolen (due to NFT Trader) have been recovered, and a 10% bounty will be provided to (the attacker) and will cooperate with the affected victims to NFTs are returned for free.
The "2023 Web3 Social Change and Innovation Global Summit" sponsored by the world-renowned Web3 social application INTO was grandly held in Kuala Lumpur. The summit received strong support from many well-known institutions and media around the world, attracting hundreds of people in the Web3 social field around the world. Top experts, industry leaders and technology pioneers. The summit focused on "INTO Web3·Lighting the Future" and covered many key topics, including the application of Web3 technology, Web3 social graph, data sovereignty and the globalization trend of social networks, aiming to deeply explore the role of Web3 technology in social change. role, and pave the way for future Web3 social development.
South Korea’s well-known NFT platform 3Space Art and digital art platform Theone.art announced a partnership. Both parties share the same goals and are committed to integrating digital art into daily life. This cooperation started with a digital art exhibition. 3Space Art has extensive influence in South Korea and has received support from well-known Korean companies such as Shinhan Bank, Hyundai Oil, Hyundai Group, LG, and KOSME. Only Art is known as the "Christie's" in China's digital art field, with millions of users and strong support from state-owned capital. This cooperation will better promote the exchange of digital culture between China and South Korea and allow more users to understand diverse digital art. 3Space will be showcasing some of the works at the Masters Exhibition at Only Art, which starts on December 9 and features works by Picasso and Dali. The two parties will jointly explore more possibilities of integrating digital art into daily life in the future.
Coin98 will gradually discontinue the current version of the decentralized stablecoin CUSD. Users can exchange CUSD on BNB Chain, Ethereum and Solana for collateral assets of equal value for free before January 15, 2024, without paying CUSD protocol fees. Before December 15, 2023, users can also exchange CUSD on BNB Chain for BUSD and then exchange it for other available assets on Binance. In addition, Coin98 will launch a new and improved version of CUSD.
According to official news, Coinbase International Station and Coinbase Advanced will launch Polygon (MATIC) and Bitcoin Cash (BCH) perpetual contracts. The MATIC-PERP and BCH-PERP trading pairs will be open on or after 18:00 on December 7, 2023.
According to monitoring by on-chain data analyst Ember, four addresses that have been dormant for nearly 6 years converted a total of 40.39 million CDT (SSV 1:100 pre-merger old currency) into 403,964 SSV (approximately 9.15 million US dollars) 16 hours ago and Transfer to another address.
According to DeBank data, the Layer 2 network Blast contract address launched by Blur founder Pacman currently holds assets worth more than $ 500 million. Of this, $ 439 million worth of ETH was deposited in the Lido protocol, and $ 61.81 million was deposited in the Maker protocol.
Web3 social network platform Sleek has raised $ 5 million in a seed round with participation from Binance Labs, Shima Capital, Spartan Group, Symbolic Capital, Market Across and Big Brain Holdings. This round of financing was achieved through the Agreement for Future Tokens (SAFT). Sleek was valued at $ 50 million in the round, sources said. It is reported that Sleek started out as ChapterX, a no-code metaverse platform, and then turned to developing a Web3 social network platform. ChapterX was a project in Binance Labs’ Season 4 Incubation Program. Sleek co-founder Chase Guo was the investment director at Binance Labs before founding ChapterX (now Sleek).
The Solana EVM compatibility solution Neon testnet already allows users to pay transaction fees using tokens such as SOL, USDC, and USDT instead of using the platform’s native tokens. This feature is scheduled to go live on Neon EVM’s development network in the coming weeks, with mainnet support expected to be available in Q1 2024.
According to DWF Labs Research, DWF Labs has established a strategic partnership with Polytrade Finance and will include institutions and protocols in Polytrade’s upcoming RWA Marketplace. Polytrade Finance is a real-world asset protocol focused on aggregating and solving RWA needs Piyush Gupta, founder of Polytrade, said: "Our partnership with DWF Labs is a testament to our commitment to redefining the real-world asset landscape. Together, we will drive innovation and change the way financial institutions and users around the world access and engage with real-world assets."
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.
As verified by BlockBeats, Binance is currently testing its built-in Web3 wallet product in the App. It now has the basic functions of the Web3 wallet, and users can transfer Binance platform assets to the Web3 wallet with one click. According to market data, TWT (Trust Wallet) has increased nearly 100% since the beginning of October and is currently quoted at $1.33. BlockBeats previously reported that Binance announced the acquisition of Trust Wallet in August 2018.
Bitfinex suffered a "minor" information security attack that allowed hackers to access "partial, incomplete and outdated information." The hackers allegedly used phishing to trick a customer support employee who had "limited access to support tools and help desk tickets." According to the release, the hackers were unable to gain access to any core systems and user funds were not affected by the attack. Bitfinex said affected users will be notified, although most of the affected accounts are "empty or inactive accounts." and plans to work with law enforcement to track the attackers
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 🙏**
The decentralized derivatives trading platform Gains Network now supports access to the Bitget Wallet (formerly BitKeep) plug-in wallet. Users can connect to Gains Network on the web and mobile app through Bitget Wallet, and use its decentralized leverage trading, staking native token GNS and other services. At the same time, users can also use Bitget Swap to trade GNS tokens on the Polygon and Arbitrum chains in the Bitget Wallet wallet.
The Hong Kong Monetary Authority has released a report on the first phase of the CBDC pilot. The report states that retail central bank digital currencies (CBDC) can add value to the payments ecosystem and enable new types of economic transactions, but further investigation and evaluation are needed to determine large-scale and real-life applications. Therefore, the Hong Kong government has not yet decided whether to introduce a digital Hong Kong dollar (i.e. electronic Hong Kong dollar). The report also noted that the pilot found that e-HKD could add value in three main areas – programmability, tokenization and atomic settlement – and potentially facilitate faster, more cost-effective and inclusive transactions. However, the report said 14 pilots of the scheme, involving 16 participating companies, were conducted on a small scale in a controlled environment.
Paolo Ardoino, chief technology officer of Bitfinex, said he expects a “huge leap” in the adoption of Bitcoin scaling solutions in the coming years. Bitfinex’s integration of the Lightning Network has significantly reduced transaction costs and processing times for users, and these collaborative efforts have played a key role in strengthening the Lightning trading ecosystem, enhancing network liquidity, and solidifying the protocol’s legitimacy.
According to official news, Binance will stop offering its Visa card services in the European Economic Area, and card holders can continue to use it until December 20. Where feasible, users may consider using Binance Pay to make purchases with cryptocurrencies at merchants that accept cryptocurrencies.
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%.
According to official news, Michelin 3xplorer Club, an NFT series owned by Michelin, announced that its NFT Mint website has been officially launched. NFT Mint will start at 17:00 on October 16, Central European Time (23:00 on October 16, Beijing time), and whitelist users can participate in Mint. According to previous news, Michelin announced that it will launch the NFT series Michelin 3xplorer Club. The NFT series is based on the brand’s classic Bibendum mascot design since 1898, with a total of 5,000 pieces issued.
The top U.S. consumer financial protection agency is considering applying the Electronic Funds Transfer Act (EFTA) to cryptocurrencies to protect consumers from fraudulent cryptocurrency transfers. Speaking at a payments conference held by the Brookings Institution think tank on October 6, Rohit Chopra, director of the U.S. Consumer Financial Protection Bureau (CFPB), said that the agency is considering applying EFTA to "private digital dollars and other virtual currencies."
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.”
Former SoftBank executive Akshay Naheta has teamed up with DRAM Trust to launch DRAM, a new stablecoin backed by the UAE dirham. DRAM is designed to provide greater stability to individuals in high-inflation countries such as Turkey, Egypt, and Pakistan. DRAM will be available on decentralized exchanges such as Uniswap, Sushiswap and Pancakeswap. Naheta said the team also intends to work with centralized exchanges in the future.
According to official news, China Mobile Migu Video announced on its official Weibo that its first NFT "Meelier" will be sold globally during the Asian Games. The first NFT launched by Meelier will be officially launched globally on October 12. This NFT is based on the character in the popular mobile game "Panda Cafe" and will be sold on OpenSea in the form of a blind box, with a global limited edition of 2,000.
Cryptocurrency trading platform Gemini Trust Co. pulled hundreds of millions of dollars from Genesis Global Holdco LLC months before Genesis froze deposits and filed for bankruptcy, Bloomberg reported, citing people familiar with the matter. Sources indicate that Gemini withdrew approximately $282 million in cryptocurrency from Genesis in August 2022. These funds are later used as reserves with the goal of ensuring that Gemini Earn users can redeem their funds immediately. Days after the FTX crash, Genesis froze customer withdrawals. In January, it filed for Chapter 11 bankruptcy protection in New York. Gemini, Genesis and their parent company Digital Currency Group have been engaged in settlement talks since the initial withdrawal freeze.