Blase (@39493) • Hey
Network operator
Publications
- NFT project Pudgy Penguins CEO Luca Netz announced in a video that more than 1 million Pudgy Penguin plush toys have been sold, and revealed news of upcoming cooperation with other retailers, including Walmart, Target, Smiths, Hot Topic, etc. of orders.
Netz said this is his most successful consumer product project to date, and compared to other NFT projects, Pudgy Penguins has found success with some of the largest retailers in the world.
Additionally, the project plans to launch Pudgy World alpha on the zkSync Era blockchain this year.
- 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 Lava Foundation, the non-profit development organization for modular blockchain project Lava, has announced the completion of $ 11 million in token financing ahead of its mainnet and token airdrop.
Investors in this round of financing include Animoca Brands, Gate.io Ventures, CoinGecko Ventures, Polygon co-founder Sandeep Nailwal, and others. This is the first public appearance of the Lava Foundation, after Lava development company MagmaDevs closed a $ 15 million seed round in February.
As a modular blockchain focused on providing data access through RPC, Lava has now entered the testnet stage and has served more than 20 billion RPC requests for multiple blockchains. Several projects such as NEAR, Evmos and Axelar are using Lava's services.
The Lava mainnet is expected to be launched in the first half of 2024, when the native token LAVA will also be issued. The total supply of LAVA tokens is set to 1 billion, part of which will be airdropped to users. The Lava Foundation stated that LAVA tokens are critical to the functionality of the mainnet, and nodes and validators need to stake LAVA tokens to join the network.
In the future, in addition to RPC services, Lava also plans to support other data infrastructure such as indexing, subgraphs, sorting, etc.
- 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.
- Decentralized betting platform ZKasino officially stated that it will integrate EIP-3074 when ZKasino Chain is launched, aiming to completely change the gaming experience on its platform. Users will no longer need to manage their ZKAS balance for gas fees, simplifying the process of interacting with dApps. Currently EIP-3074 is not online yet.
Additionally, ZKasino said the new technology remains focused on its mission despite frequent outside distractions and FUD. ZKasino will continue to build, upgrade and promote updates to the ZKasino Chain to ensure that its platform remains at the forefront of the blockchain gaming field. Change can sometimes be met with skepticism, but ZKasino sees it as an opportunity for growth. ZKasino is excited about the future and looks forward to sharing its journey with users.
- According to a report by Crypto.com, the DePIN project has raised more than $ 1 billion in cumulative financing, and some of them have also invested all their funds in the DePIN protocol. Its total market value reaches tens of billions of dollars, but the industry faces the oldest challenge in the cryptocurrency field. One is that there are relatively few customers. Analysts point out that DePIN projects with great potential are those with clearly identifiable demand for underlying services
- Web3 social protocol beoble announced the upcoming release of beoble2.0, and will also announce the practical details of the BBL token. It is reported that the new version will support multiple chains, including Bitcoin, Solana, Aptos and Sui Network, and will also implement chat protocols (infrastructure ) integration.
- Matrixport, Wu Jihan's crypto financial services company, issued a statement saying that with the emergence of geopolitical risks over the weekend, the price of Bitcoin fell sharply, and open positions in Bitcoin futures were liquidated by approximately US$ 2 billion. Positioning peaked at $ 20 billion on April 9, with nearly 20% of the position having been liquidated, with open interest currently at $ 16.7 billion. Interestingly, Bitcoin does not offer the safe-haven characteristics that most people expect.
- KX President Hong was invited to attend the main forum of the "2024 Hong Kong Web3 Carnival" and delivered a keynote speech on "Responsible Innovation". Hong said that as a centralized platform, we will continue to use advanced technological means to ensure transparency with users, partners, regulators and key stakeholders as an important responsibility of ours. One of our key global strategies is to ensure we are transparent, accountable and empower our customers and stakeholders to better serve and build locally. Hong Kong is a strategically important location for us, and we are honored to be part of the Hong Kong Web3 ecosystem. We are also honored to work with many partners, stakeholders, and legislators to build the Hong Kong Web3 ecosystem. We will insist on localization to integrate and contribute to the Hong Kong Web3 ecosystem so that we can invest in the long term and remain compliant.
- OpenBit, the first liquidity aggregation network in the Bitcoin ecosystem, released the Beta version of the OpenBit white paper on the X platform. The white paper deeply explores the new Bitcoin cross-chain, liquidity aggregation infrastructure and cross-chain DeFi services, while looking forward to the goal of unlocking the potential of the Bitcoin ecosystem to the next level.
- Arkham said on the social platform that since GBTC was traded as an ETF on January 11, Grayscale has transferred 266,470 Bitcoins out of the wallet for GBTC redemption. At the current redemption rate, GBTC will redeem all the Bitcoin it holds in 96 days.
It is reported that at the beginning of this year, Grayscale’s Bitcoin Trust Fund GBTC held 618,280 BTC, and now only holds 356,440 BTC.
- According to data from Dune Analytics, the total amount of pledged Ethereum beacon chain reaches 31,955,654 ETH, and pledged ETH accounts for 26.64% of the total supply. Among them, the staking share of the liquidity staking protocol Lido reaches 30.50%. In addition, there has been a net inflow of 13,787,261 ETH since the Shanghai upgrade.
- The all-round cryptocurrency trading platform BIT has reached a cooperation with Merlin Chain to support ETHS staking as an official custody cooperation, becoming an exclusive channel for users to pledge ETHS and accumulate airdrop M points.
Users can deposit ETHS to the Inscription pledge area of the BIT trading platform, click Merlin pledge and select the pledge amount. BIT will synchronize the M points of pledged users every day and lock the Merlin Chain governance token MERL airdrop. The feature is expected to go live by the end of February.
- STEPN developer Find Satoshi Lab has announced the launch of wallet product FSL Wallet and soul-bound token-based NFT badge FSL Badge.
It is reported that FSL Wallet will serve as a common login portal for all FSL products in the future. A beta version is currently available, and the official version will be launched later. FSL badge NFTs are issued based on the accumulation of FSL points in the NFT metadata based on the user's interaction with current and future FSL products. More details on the point accumulation rules will be announced in the future. When the FSL wallet launches the official version, STPN users can also Import the address into the FSL wallet and accumulate points. Rules regarding point calculation and redemption, as well as the FSL Wallet product roadmap will be detailed in future announcements.
- OKX announced that it has joined hands with Biconomy, ZeroDev and Rhinestone to formally propose the ERC-7579 standard, which simplifies and unifies modular smart account management technology and aims to help developers more conveniently customize functions and improve the user experience for Web3 wallet users. By introducing the ERC-7579 standard, it provides developers with a minimized and standardized way to handle modular smart accounts and improves the interoperability of modular smart accounts between different wallet service providers, thus reducing the number of smart account communities. fragmentation and promote a more integrated blockchain ecosystem. In addition, the ERC-7579 standard also paves the way for a "module store" that allows any developer to create modules compatible with different smart accounts, opening up endless possibilities in the field of Web3 wallets and related solutions.
- Venture capital firm Hack VC announced it has raised a $ 150 million fund dedicated to the digital asset industry, Bloomberg reported.
Hack VC managing partner Alex Pack said the firm has deployed about a third of its new fund, investing primarily in early-stage startups.
Hack VC, which previously raised a $ 200 million fund in 2022, has invested in companies including blockchain startup Mysten Labs and crypto finance firm Amber Group.
- Crypto miner Core Scientific has relisted on Nasdaq, with trading scheduled to resume Wednesday morning, CNBC reported.
In the restructuring plan announced on Tuesday, Core Scientific said in a statement that it had cut $ 400 million in debt from its balance sheet by "converting the debt of equipment lenders and convertible note holders into equity." Core Scientific said the new credit facility, along with projected operating cash flow, will allow the company to "re-emerge and continue executing on its multi-year growth plan."
Adam Sullivan, CEO of Core Scientific, said: "We went through a very successful Chapter 11 bankruptcy process. It did exactly what we wanted to achieve, which was to reduce our debt and give us time to spend over the next five years. Repay any remaining debt on the balance sheet within the year."
- Swiss fintech company Taurus has received regulatory approval to offer tokenized securities to retail customers.
Following regulatory approval from the Swiss Financial Market Supervisory Authority (FINMA), Taurus has opened its TDX trading market to retail clients for trading tokenized assets.
Taurus said that in addition to existing institutional and professional clients, retail users can now open accounts with regulated securities firms, participate in capital raisings, and trade digital assets and tokenized securities safely and compliantly.
- The OKX Web3 wallet Ordinals market has now fully open sourced the OKX ORD Indexer and completed the Jubilee upgrade, aiming to continue to build the Bitcoin ecosystem and better promote the development of the industry. OKX ORD Indexer not only supports Ordinals protocol parsing and transaction events, inscription data, and UTXO status query, but also supports BRC20 protocol parsing and transaction events, balance, ticker query, and bitmap protocol parsing.
- Hong Kong virtual asset rating agency HKVAC announced the index adjustment results of the HKVAC Core Index and the HKVAC Market Index. In the market index section, Solana (SOL) will replace Ripple (XRP) as part of the index of the top 5 global large cryptocurrencies. Avalanche (AVAX) will replace TRON (TRX) as part of the top 5 global index of large cryptocurrencies. All changes will be effective January 19, 2023.
- 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.
- A developer memo from OpenAI shows the company will launch the GPT Store next week. The GPT Store will allow customers to share or sell chatbots they modify for various purposes, such as lesson planning for teachers or businesses.
- According to "Lianhe Zaobao", the clip of Singapore Prime Minister Lee Hsien Loong's interview with CGTN in March this year was tampered with, and someone used deepfake technology to create fake videos and circulated them online. Prime Minister Lee called on the public to be vigilant and not to be deceived.
Lee Hsien Loong posted on Facebook on December 29, reminding the public to beware of the "season of scams." He said that some deepfake videos using his audio have appeared recently to promote cryptocurrency scams, and Singapore Deputy Prime Minister Lawrence Wong has also been targeted recently. Scammers use artificial intelligence technology to imitate their voices and images, and tamper with footage taken at formal events.
In this fake video, Lee Hsien Loong mentioned investment opportunities approved by the Singapore government in an interview with CGTN host Zou Yun, and promoted a so-called "revolutionary investment" designed by Tesla CEO Elon Musk. platform"
- Bloomberg ETF analyst James Seyffart posted on social media that Invesco US and Galaxy Digital have submitted the latest version of the revised S-1 document for their spot Bitcoin ETFs, designating JP Morgan Securities and Virtu Americas for their spot Bitcoin ETFs. Authorized Participant of Bitcoin ETF. The ETF will not charge a sponsor fee (Sponsor Fee) within 6 months after its launch. The sponsor fee set by the ETF itself is 0.59%.
- Ordinals protocol founder Casey announced the Runes protocol mainnet time at Taipei Blockchain Week, setting it at block height 840,000, which is when the next Bitcoin halving occurs.
Bitcoin’s 4th halving is expected to occur on April 23, 2024.
- NFT Trader stated on the social platform that a third party executed malicious code on two old smart contracts on the platform, and that all necessary measures have been taken to prevent such incidents from happening again in the future. It is recommended to use revoke(.)cash or similar tools after completing a transaction on any platform for added security. Use cold wallets without interacting with (or signing) any smart contracts. Furthermore, the NFT Trader platform never takes ownership of any assets.
- According to the Snapshot governance page, the Lido community initiated a voting on the "Approval of Community Staking Module" proposal, which will end on December 15. The proposal stated that the Lido Community Staking Team is seeking signal approval from Lido DAO for the design of the Community Staking Module (CSM) . This module will allow permissionless entry into the Lido validator set on Ethereum, with certain deposit requirements.
Subject to approval, the community staking team will further research and develop the proposed module and will propose the mainnet launch to the Lido DAO along with the approval of all parameters in an upgrade on-chain vote around the end of 2024.
- 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.
- The decentralized automatic audit protocol Fuzzland hosted the capture-the-flag competition Blaz CTF 2023 to a successful conclusion. Web3 security research and vulnerability detection team Offside Labs, Web3 security solution provider ChainLight, and digital finance company Amber Group’s security team Amber Labs won the top three points. Competition content includes: EVM/Move smart contract security, MEV (front run/post run/private order flow), blockchain security, wallet security, cryptography.
- Kyber Network said in a social media post that it reiterated its strong commitment and efforts to support law enforcement and cybersecurity to track attackers and recover funds taken from users.
Although KyberSwap Elastic is a decentralized and permissionless protocol, users are required to accept the risks of use when using KyberSwap Elastic and providing liquidity, as stated in the Terms of Use. Kyber Network plans to provide subsidies to users from the KyberSwap Treasury to mitigate Losses caused by vulnerability exploitation.
The current plan is for the KyberSwap Treasury to provide each user who lost funds in an exploit attack and has not yet recovered, up to the dollar value of those funds at the time the funds were stolen from their account, and is in the process of developing the proposal. Details will be announced in the next two weeks.
- Vitalik plans to redesign Ethereum staking, praises UTXO payment model
- Pacman, the founder of Blur and Blast, responded to many comments and said that Blast’s income comes from legal platforms such as Lido and MakerDAO, Lido’s income comes from Ethereum’s staking rewards, and MakerDAO’s income comes from on-chain treasury bills.
Pacman also addressed the comments regarding Blast invite rewards. He insists that the system is in no way a marketing stunt for the sake of growth, but a strategic move to promote community development, recognizing the contribution of users by expanding the ecosystem, which is worthy of reward.
In addition, regarding the statement that "Paradigm is the real entity behind the launch of the project," Pacman said that the cryptocurrency investment company has never participated in Blast's marketing strategy. If Paradigm were involved, they would likely require a lot of changes in Blast's strategy. Paradigm has asked him to make changes to his post-launch plans, which are being considered, but the Blast team will make the final decision.
- The cross-chain bridge Mini Bridge announced that during the 19th round of Gitcoin donations, it will provide a 50% discount on the gas for cross-chain transfers to the PGN network. Users who have previously donated to Chaineye/Biteye Gitcoin can also receive up to 20% fee discounts on other chains.
Mini Bridge is Chaineye's new product, focusing on fast transfers of small amounts with 0 fee. It currently supports 9 Layer2s including Arbitrum, Base, Linea, Manta, Optimism, PGN, Scroll, Starknet, and zkSync Era.
- The U.S. Securities and Exchange Commission (SEC) this week delayed a decision on whether to approve the Hashdex Nasdaq Ethereum ETF, which hopes to hold Ethereum spot and futures contracts.
The SEC said it needed more time to act on the changes and said it would make a decision on whether to approve, disapprove or "take steps to determine whether to disapprove" by Jan. 1, 2024.
The Nasdaq stock exchange submitted an application to list the Hashdex Nasdaq Ethereum ETF to the U.S. Securities and Exchange Commission (SEC) in September.
- 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."
- According to Coindesk data, MicroStrategy’s Bitcoin holdings have exceeded US$1.1 billion (+25%) and currently hold a total of more than 158,000 Bitcoins.
- Dogecoin and My Doge wallet UX/UI graphic designer DogeDesigner posted on social media that Musk and xAI have nothing to do with any such crypto tokens and asked investors to be aware of the risks.
In response, Musk himself said, "To be very clear, none of my companies will create cryptographic tokens."
- 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.
- Congratulations to the entire Ethereum community on this monumental achievement. Remember this historic day forever by collecting this special ghost on Lens
- 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.
- According to official news, Chainlink Data Feeds, a centralized data solution for DeFi, has been launched on Linea. Native integration of Chainlink Data Feeds on Linea helps ecosystem developers leverage the inherent scalability of Linea’s Ethereum-based zk-rollup to create high-throughput Web3 protocols built on Chainlink’s oracle security and reliability.
- 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 the Snapshot governance page, SafeDAO’s proposal to build a “governance framework” was voted through with a support rate of 99.6%. The purpose of the governance framework is to define and outline the key stakeholders involved in SafeDAO governance, establish a dynamic governance approach, and describe the governance process.
- NFT project Cool Cats said on social platforms that it will launch Cool Cats Avatars on October 19.
- Paolo Ardoino, who is about to become Tether CEO, said on social media, "Tether Real World Ecosystem (RWE) will be launched soon."
In an interview with The Block, Paolo Ardoino said that while Tether’s USDT stablecoin “remains a key product and the company will be firmly focused on its growth, the company is also expanding into new areas. Tether will soon announce a new platform to leverage Tether’s experience in building financial technology, focused on real world assets (RWA).”
- 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.
- According to the official website, Lybra Finance is now connected to the OKX Web3 wallet. Users can use the OKX Web3 wallet plug-in to mortgage ETH, stETH, rETH, wstETH and other stablecoins eUSD in Lybra, earn LBR tokens, pledge LBR and share the protocol income. , LP rewards, etc. Lybra Finance is an LSDFi stablecoin protocol. Its main business model is to mortgage ETH or stETH to mint the stablecoin eUSD, and use the proceeds from LSD to repurchase eUSD to earn interest on the stablecoin.
It is reported that the OKX Web3 wallet is a one-stop Web3 portal that now supports 70+ public chains, covering 5 major sectors: wallet, DEX, DeFi, NFT market, and DApp exploration, and supports the Ordinals market, MPC and AA smart contract wallets, and gas exchange , connect to hardware wallets, etc., bringing users a convenient and safe experience.
- 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.
- 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.
- Web3's 3A space science fiction MMORPG Space Nation, which combines P2E (Play-to-Earn) and P4F (Play-for-Fun), has launched a plan to recruit global ambassadors when the latest test version Alpha 2.0: 10 vs. 10 is about to be launched. and established an incentive fund worth more than $20,000 per month for the program.
Global ambassadors will work with the Space Nation team to promote game content operations, community building, marketing and promotion, and lead Web3 game innovation. Registration can be found at the original link