Gloria (@dwight91106) • Hey
I am a program engineer
Publications
- XREX Singapore, a blockchain financial institution specializing in cross-border payments in emerging markets, announced that it has obtained a major payments institution (MPI) license from Singapore’s central bank and financial regulator, the Monetary Authority of Singapore (MAS). The company previously received in-principle approval from the Monetary Authority of Singapore in November last year.
- 10x Research stated on its social platform that it continues to adhere to its bearish judgment on Bitcoin after the halving. In addition, since the halving, the inflow of stablecoins has almost zero growth, and the Bitcoin futures leverage ratio has also dropped significantly, which are the basis to support its judgment.
- 🌊🌊
- Bloomberg’s ETF analysts have some theories about Grayscale’s spot Bitcoin exchange-traded fund’s two days of inflows. Grayscale’s spot Bitcoin ETF ended 78 days of outflows after recording two consecutive days of net inflows.
Analyst James Seyffart said he wasn't entirely sure what might have caused the volatility, but there could be a few different explanations. "This could be a short-term tactical trade or some kind of hedging trade. On shorter time frames, fees are far less important," he said.
- Ethereum co-founder Vitalik Buterin proposed an alternative to EIP-3074, which added a new transaction type, EIP-2930 tx, and added two new fields: the string "contract_code" and signature, and added The signing account (not necessarily the same as tx.origin) is converted into a smart contract wallet. This appears to be compatible with any 3074 workflow, and converting 3074 workflows requires minimal work. EIP-3074 has the added advantage that it is very forward-compatible with the final account abstraction without overly preserving any of the fine-grained details of ERC-4337 or RIP-7560.
The contract code that users need to sign can actually be an existing ERC-4337 wallet code without adding any opcodes, and also allows EOA to temporarily convert itself to be included in the ERC-4337 bundle in a way that is compatible with existing EntryPoints. in the contract.
- cool cool sounds funky, keep me posted 🙏🙏🙏 would be good to set some general guidelines based off a group of users metrics and such yea?
- There is always room for Techno on Lens
- Merlin Chain ecological DEX MerlinSwap has now launched MERL token trading, with the transaction volume exceeding US$ 1 million, and the on-chain price is temporarily reported at US$ 1.06.
MerlinSwap simultaneously launches a MERL token trading competition. You can trade MERL, provide MERL/WBTC liquidity, or buy MERL at the lowest price every hour (within 24 hours after going online), and you can share a prize pool worth US$ 18,000, which will be distributed in the form of esMP. .
- OSL Group announced that its digital asset trading platform OSL Digital Securities Limited has become the first company to be granted a license under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO) by the Hong Kong Securities and Futures Commission (SFC).
- Web3 game distribution platform GameCene announced the completion of a US$ 1.4 million seed round of financing. The investor information has not yet been disclosed. Its platform mainly helps developers to easily build and distribute blockchain games by building a full-chain game software development kit (SDK).
- Aligned Layer, the first decentralized zero-knowledge proof verification layer for Ethereum developed based on EigenLayer, announced the completion of a US$ 2.6 million seed round of financing, led by Lemniscap, with participation from Bankless Ventures, Paper Ventures, StarkWare and O(1)Labs.
It is reported that this round of financing will be used for team expansion and accelerating the launch of Aligned Layer’s mainnet, which is planned for the second quarter of 2024. As EigenLayer AVS, Aligned Layer provides Ethereum with a new infrastructure for affordable zero-knowledge proof verification for all proof systems.
- The Sei Foundation announced the launch of the Sei Creator Fund on April 4 to support NFT and social projects in the Sei ecosystem with a total of $ 10 million. The fund will fund the creation of new projects and the growth of existing projects, with funding allocated in partnership with Gitcoin.
The first phase of applications has begun, and creators can apply directly to the foundation. The second phase will be guided by the community, with funding distributed through a partnership with Gitcoin. This represents a unique opportunity to gain support and advance projects within the Sei ecosystem.
- According to official news, cryptocurrency trading platform Gate announced that it will cooperate with technology giant AWS to host an attention-grabbing peripheral event at the Hong Kong Web3 Carnival: Future Convergence, When AI Meets Blockchain. This event is co-sponsored by Qraft and Masa.
It is reported that this event will be held at Eaton Club Central in Central, Hong Kong on April 8, 2024, bringing together expert representatives from well-known institutions such as CertiK, AWS, Masa, OneDegree, Qraft, Near, PYTH, and Crypto Council for Innovation. The event will focus on topics such as the integration of AI and blockchain, regulatory challenges, and the impact of AI on Web3 and the trading field. It aims to promote exchanges and cooperation between blockchain and AI technology and jointly explore the possibilities for future development. .
- Money market protocol Dolomite tweeted that it had successfully recovered 90% of the stolen funds. A distribution plan, a detailed vulnerability analysis report and an event log will be released to each victim within the week.
According to previous news, according to Pidun monitoring, the old contract of Dolomite Exchange was attacked, resulting in a loss of approximately US$ 2 million. The attackers exchanged the stolen USDC tokens for approximately 541.5 Ethereum (ETH), worth approximately $ 1.9 million, and 94,000 DAI tokens.
- SkyBridge Capital founder Anthony Scaramucci gave some advice on Bitcoin investing at last Friday’s Bitcoin Investor Day conference. When it comes to holding Bitcoin, Scaramucci said, "Act like you're dead. Don't sell your Bitcoin. Don't do anything with it."
In an interview with Yahoo Finance Live, Scaramucci reiterated the huge demand for Bitcoin driven by spot Bitcoin ETFs. He said: "Institutions feel comfortable that they can buy SEC-approved ETFs. And the halving event is coming. If the demand increases quickly, the price will rise significantly."
- Scroll co-founder Sandy Peng (@sandyzkp) posted on the X platform that 4844, DA Compression, Proof Aggregation and more user-centered innovations will be launched on Scroll in the next fe
- The social layer → the social chain
- Lens is now permissionless.
- Coinbase adds Akash Network (AKT) to its currency listing roadmap.
Akash Network is a marketplace for distributed peer-to-peer cloud computing, offering users GPUs including models such as the Nvidia H100s and A100s, as well as consumer-grade chips capable of handling compute-intensive workloads for training artificial intelligence and data science models.
- NFT project y00ts announced on the X platform that it will enforce the royalty policy through Magic Eden starting tomorrow. Royalties will all be used for two things: purchasing y00ts, and providing X Blue Label badges to y00ts creators. When the Magic Eden ETH market goes live, y00ts will not be able to trade on markets where royalties are not enforced.
- Bloomberg analyst Eric Balchunas posted on social media that the total trading volume of the nine U.S. Bitcoin spot ETFs yesterday was approximately US$ 2 billion, the highest record since the first day of listing. Among them, VanEck’s HODL, WisdomTree’s BTCW, and Bitwise’s BITB all broke their respective single-day trading records, and a combined $ 2 billion in trading volume put them in the top 10 ETFs and top 20 stocks.
- The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has designated two Russian citizens, Artur Sungatov and Ivan Kondratyev, for indictment on charges related to the LockBit ransomware, and identified 10 Bitcoin and Ethereum addresses for special U.S. designation Nationals List (SDN), which prohibits U.S. entities from providing any form of financial services to the two men.
- According to Bitcoin.com, Coinbase CEO Brian Armstrong said: “Every institution is now starting to hold cryptocurrencies, and the asset class will become a standard part of every diversified portfolio.”
Additionally, Brian Armstrong noted that institutions will eventually use cryptocurrencies in other ways, such as keeping them on their balance sheets, paying suppliers, and doing payroll.
- According to The Economic Times, Web3 esports fan engagement platform Stan has raised $ 2.7 million in financing, with participation from Aptos Labs, Pix Capital, Maelstrom Fund, GFR Fund, CoinDCX Ventures, Climber Capital, TDV Partners and Coinswitch Ventures.
It is reported that Stan helps users purchase collectibles and interact with popular esports figures (whether players or KOLs) through chat and audio rooms, as well as exclusive communities on its platform. Some of these collectibles are also Web3 projects, such as NFTs, and the company charges a 15% to 20% commission on in-app purchases made by users on the platform.
- U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce believes that an Ethereum spot ETF will not require a court battle to gain approval.
Hester Peirce said, "We only need to apply 'ordinary approach' considerations to these products. We apply the same approach to similar products, so we should not need a court to tell us that the approach we have taken is arbitrary and capricious so that we Do it right."
- In an interview with Axios, a spokesperson for Vanguard Group, the world’s second largest asset management company, said that in addition to being unable to purchase spot Bitcoin ETFs on the Vanguard platform, Vanguard will no longer accept purchases of cryptocurrency products, including Bitcoin futures ETFs. This change allows Vanguard Group to focus on delivering a core set of products and services consistent with its commitment to meeting the needs of long-term investors.
- According to the Snapshot governance page, the Arbitrum community initiated a voting on the "Long-term Incentive Pilot Program" proposal, which plans to pilot a distribution of 25-45 million ARB to protocols built on Arbitrum.
The proposal states that it aims to establish a long-term incentive pilot program for the DAO to test new incentive designs and answer the questions needed to ensure that Arbitrum is ready to commit to long-term plans. The program will distribute ARBs to protocols within 12 weeks.
- In preparation for asset allocation, Celsius has begun the process of recycling and rebalancing assets to ensure adequate liquidity. Celsius will unstake its existing ETH, which has generated significant staking reward revenue for the company, while also being used to offset certain costs incurred during the restructuring process. Large unlocks over the next few days will release ETH to ensure timely distribution to creditors.
- Solana Joint Venture: Solana’s core focus is scaling Layer 1, Layer 2 solutions or non-essentials
- Grayscale CEO posted on social media that Grayscale had already confirmed in the documents submitted in May this year that after GBTC was converted into a spot ETF, Jane Street Capital and Virtu Americas became the authorized dealers (Authorized Participants) of its ETF.
- According to the Snapshot governance page, the GMX community launched the "Create BNB Market on GMX V2 (Arbitrum)" proposal to determine whether to establish a BNB market in the GMX V2 deployment on Arbitrum Mainnet. The vote will be on January 3, 2024 Finish.
- Bitget's new Launchpad project TonUP (UP) entered the position statistics phase at 14:00 today. This participation method will be based on the BGB investment model. Bitget will take a position snapshot of the user's asset account during the position statistics phase to calculate the user's average BGB position. The position statistics period is from 14:00 on December 17 to 14:00 on December 20.
During this period, the BGB positions of all user accounts (including spot account positions, margin account positions, contract account positions, P2P account positions, financial account positions, and frozen/locked BGB positions) will be counted. In the investment stage, after the user's investment is completed, BGB will be locked and await statistical distribution.
- Zhu Su posted on social media that he believes that inscriptions are a quite disruptive new primitive in the field of encryption. Conceptually, it is between ordinary tokens and NFTs, but in fact, it is better than existing ones. Smart contract logic is much cheaper. Basically put the value in the notes field, just like passing notes in a book.
- MetaMask said on social platforms that it has cooperated with payment platforms from many countries to support cryptocurrency, including VietQR and Mobile Money in Vietnam, GCash in the Philippines, QRIS in Indonesia, Thai QR in Thailand, Vodafone Cash in Egypt, and Webpay in Chile.
MetaMask also stated that its wallet service currently supports local transfers in four countries: Vietnam, Malaysia, Japan and South Korea. Users in relevant countries can use it on the MetaMask mobile application, browser extension or directly on MetaMask Portfolio.
- The British digital asset derivatives trading platform GFO-X announced the completion of a $ 30 million Series B financing. This round of financing was led by M&G Investments, who will join the GFO-X board of directors. Other specific financing information has not been disclosed yet. This strategic investment will fund GFO-X’s upcoming products and support future innovation in the regulated digital asset space, thereby enhancing trust and credibility in the market.
- Polygon zkEVM now supports the cross-chain USDC standard, which is designed to facilitate L2's future transition to native USDC. Currently, there is already a cross-chain USDC in circulation in the Polygon zkEVM ecosystem that does not follow this standard, called "legacy" cross-chain USDC, which will be gradually replaced by the new "standard-compatible" cross-chain USDC. Developers and users can easily exchange their legacy cross-chain USDC for new cross-chain USDC at a 1:1 ratio.
- Velodrome released an incident report on the DNS attack on November 29, explaining the technology and reasons why funds from velodrome.finance and aerodrome.finance were siphoned off.
Officials stated that the domain names velodrome.finance and aerodrome.finance suffered DNS attacks. After preliminary investigation, users who interacted with the attacker's website were expected to suffer losses of up to $ 250,000. After implementing remediation measures, testing and user feedback, no traces of internal/external accounts associated with Velodrome/Aerodrome and/or with the registrar were found to have been compromised.
- Chainlink stated on social platforms that Chainlink Stake v0.2 will be released within 3 days, and priority migration will be developed at 1 am on November 29th, Beijing time. Within 9 days, v0.1 stakers can migrate their staked LINK and accumulated rewards to v0.2 with guaranteed access.
BlockBeats previously reported that on October 20, Chainlink announced the upcoming launch of Chainlink Staking v0.2. This upgrade focuses on providing greater flexibility to stakers through the new unbinding mechanism, improving the security of oracle services through equity reduction, achieving seamless future upgrades through modular architecture, and dynamic reward mechanisms. Stake v0.2 involves a three-stage launch process: priority migration, early access, and general access.
- Circle announced it has signed a memorandum of understanding with SBI Holdings to support future work. This collaboration is initially dedicated to the circulation of USDC and expanding the use of stablecoins in Japan. SBI Group and Circle have also committed to properly complying with stablecoin-related regulations, including communication with Japanese regulators. In order to circulate the USDC stablecoin within Japan, SBI VC Trade Co., Ltd. is seeking to register as an electronic payment instrument service, pending approval by the authorities.
- Kronos Research, an encryption quantification company, issued a statement saying that the team has been taking actions in the hope of minimizing the impact and restoring trading operations. Confirmable losses in crypto assets currently stand at approximately $ 26 million, and all losses will be borne internally and no partners will be affected.
BlockBeats previously reported that earlier today, Kronos Research was attacked and lost 13,007 ETH, worth approximately $ 25 million. There was unauthorized access to its API key.
- Crypto trading platform OMTrade completed a $ 6 million seed round of financing. This round of financing was led by Find Satoshi Lab, Folius Ventures and Incuba Alpha, KSK Fund and a star lineup composed of Web3 founders, Web2 entrepreneurs, hedge fund managers, traders Waiting for participation.
- OpenAI president Sam Altman said it plans to receive further financial support from its largest investor, Microsoft. The goal is to create artificial intelligence (AGI) comparable to human intelligence. In an interview with the Financial Times, Altman talked about his partnership with Microsoft CEO Satya Nadella and his expectation to raise more money from Microsoft and other investors in the future.
Microsoft previously invested $10 billion in OpenAI earlier this year as part of a multi-year deal that valued the San Francisco-based company at $29 billion. OpenAI also recently announced a series of new tools and upgrades to existing GPT-4 models, including a customizable version of ChatGPT and a GPT app store. Altman also mentioned that OpenAI is working on the next generation AI model GPT-5, and emphasized that the company’s goal is to safely build AGI and explore its potential benefits.
- According to monitoring by The Data Nerd, in the past 24 hours, Abraxas Capital withdrew a total of 50.81 million USDC through 1inch and converted it into DAI. It then deposited DAI and lent 25,930 ETH and 28,100 stETH.
Abraxas Capital then deposits all loaned ETH into Aave.
- Bitcoin miners’ income reached US$885 million in October, and a total of approximately 41,000 ETH were destroyed on the Ethereum network
- According to Contxto reports, Brazilian cryptocurrency anti-fraud company Vaas announced the completion of a Pre-Seed round of financing of approximately US$2 million. This round of financing was led by ABSeed, with participation from Fuse Capital and 4UM’s Honey Island.
The new funds will be used to develop new products and expand into traditional financial areas such as banking. The solution launched by Vaas supports tracking the entire history of assets in crypto wallets and identifying some irregular or suspicious transactions. The startup, which is still in the proof-of-concept stage and working with some major companies, plans to launch its blockchain transaction tracking platform next month.
- According to Bloomberg, in today’s testimony, U.S. prosecutors asked SBF: “Did you decide to spend billions of dollars on venture capital decisions in 2021 and 2022?” SBF responded: “I think a few billion of them were my decision".
SBF also admitted that even before Alameda was ultimately hedged, he decided to spend billions on the venture. FTX Ventures has invested in nearly 70 startups, according to Crunchbase data.
- The Aave community launched a new proposal to introduce aTOKEN to grant voting rights to protocol users
- Celestia updates pre-creation files, mainnet launch time is October 31
- According to Bloomberg, the Australian Treasury said in a consultation document titled "Regulation of Digital Asset Platforms" released on Monday that digital asset platforms holding more than 5 million Australian dollars ($3.2 million) or individuals holding more than 1,500 Australian dollars, A license from the Australian Securities and Investments Commission (ASIC) is required. The consultation paper proposes regulating crypto trading platforms under existing financial services law rather than developing new cryptocurrency-specific rules.
Crypto companies’ obligations stem from existing financial services laws and include submitting financial records, monitoring market misconduct, and meeting solvency and cash reserve requirements. In addition, crypto companies will also need to bear more obligations in areas such as trading, staking and token creation. The Australian government will consult on the proposal until December 1. Draft legislation is expected to be introduced next year, after which trading platforms will have 12 months to ensure compliance
- NFT project y00ts announced on its social platform that the cross-chain bridge to migrate y00ts from Polygon back to Ethereum has been launched. The team will bear all gas fees on the first day and randomly distribute 10 coins to wallet addresses that perform cross-chain within 24 hours. y00ts. After October 22, trading y00ts on Polygon will charge a 33.3% royalty, and users are advised to migrate y00ts within 7 days.