Antoine W ๐ด Web3 democratization ๐ก (@perring) โข Hey
Co-founder @IrruptionLab - Building applications for Web3 democratization.
๐ด http://revolte.app ๐ด
Spectreseek @buildspace @nightsweekends S3
Publications
- Revolte has been approved for the currentย @gitcoinย G18 round!
If you want to support us that would be amazing!
https://explorer.gitcoin.co/#/round/10/0x2871742b184633f8dc8546c6301cbc209945033e/0x2871742b184633f8dc8546c6301cbc209945033e-100
- **Latest News in Crypto** - May 22nd
*Support our Daily* #CryptoNews *Post: Follow, like, mirror, collect for free* ๐
๐จ **Lawsuit against SBF emerges.** Former FTX executives SBF, Gary Wang, and Nishad Singh accused of misusing $220M client funds for dubious Embed acquisition. Alameda Research, involved fund, insolvent. Transactions disguised for self-protection. Embed had $37M assets, $25K profit (Mar '22). Ex-CEO received $55M bonus + $100M as shareholder.
๐ **Coinbase introduces premium offering.** Launching subscription service, Coinbase One, providing fee discounts, 24/7 support, and reduced staking fees. Initially for US, UK, Germany, Ireland customers at $29.99/month.
๐ **Ripple unveils CBDC solution.** Global deployment of platform to assist central banks and financial institutions in creating and managing digital currencies. Offers flexibility for tailored CBDCs.
โ ๏ธ **CFTC warns DeFi.** President Rostin Behnam states DEXs will be regulated by CFTC or SEC, regardless of "self-executing" protocols. Focus on what US customers are offered and exposed to.
๐ซ **Compound deployed on Arbitrum.** Users can now access Compound via second-layer solution Arbitrum. Supported assets include ETH, ARB, WBTC, GMX.
๐ **Chainlink partners with Coinbase Cloud.** Coinbase Cloud joins as Chainlink's node operator, enhancing security and reliability. Supports leading blockchains, strengthening Web3 ecosystem's decentralization.
- **Latest News in** Crypto - May 19th
*Support our Daily* #CryptoNews *Post: Follow, like, mirror, collect for free* ๐
๐ข **Filecoin faces SEC threat**. SEC tells Grayscale Investments that Filecoin "meets the definition of a financial security." Grayscale disputes, noting staff opinions โ official position. SEC requests withdrawal of Filecoin Trust registration statement.
๐ฐ **Voyager to reimburse clients from June 1st**. Voyager Digital begins liquidation, aiming to repay clients in cash and crypto. Court-approved, clients initially expect ~36% recovery, which may increase pending resolution of Voyager's dispute with FTX.
๐ **Uniswap explores deployment on Coinbase's Layer 2**. Discussions underway for Uniswap integration on Coinbase's Base Layer 2 solution. Enhances user access to Uniswap DEX. Coinbase's project offers accessible, cost-effective platform for decentralized apps.
๐ฐ **Tether plans Bitcoin investments**. Tether reveals $82B asset reserves, including gold and Bitcoin. Bitcoin comprises 2% (null.5B) of reserves. Tether now allocates 15% of net profits to Bitcoin purchases, citing its strength and potential as an investment asset.
โ๏ธ **Pakistan bans crypto services**. Pakistan prohibits crypto services and rejects legalizing crypto trading, says Minister of State for Finance and Revenue. However, crypto adoption remains high, with Pakistani citizens holding around $20B in crypto.
๐ผ **Circle safeguards reserves**. Stablecoin issuer Circle rebalances $30B USDC reserves to prepare for potential US debt default. Circle Reserve Fund, managed by BlackRock, adds $8.7M in leveraged repurchase agreements for liquidity protection.
- So happy to announce the results of HackaTRON S4 as the winners announcement just came through...
๐ We won 2 prizes!!! ๐
๐ฅ 2nd prize - $15.000 (GameFi category - by Judges)
๐ฅ 3rd prize - $4.000 (GameFi category - by Community)
Our project has been branched into 2 versions:
1) **Revolte** which leads to the installation of Metamask wallet, and exploration of EVM compatible blockchains. https://www.revolte.app/
2) **RevoluTRON**, where you'll install TronLink wallet, and explore Tron blockchain ecosystem. https://revolutron.vercel.app/
- **Latest News in** Crypto - May 16th
*Support our Daily* #CryptoNews *Post: Follow, like, mirror, collect for free* ๐
๐ข Circle prepares for potential US default. Stablecoin issuer Circle adjusts cash reserves to reduce risks. CEO Jeremy Allaire reveals modified USDC reserves, avoiding long-term Treasury bonds. Aims to protect against potential debt exposure.
๐ก Ethereum's OFAC-Compliant blocks decrease. Percentage of compliant blocks drops from 80% (Nov 2022) to 27% now. Reduces risk of block censorship by validators.
๐ผ UK tax authority seeks power to seize funds on exchanges. Considering regulations to seize cryptocurrencies from businesses evading taxes. Modernizing tax collection, including accessing online wallets.
โ๏ธ Former SEC official proposes banning USDT. Urges US regulators to ban USDT, calling it a "gigantic house of cards." Tether lacks regulatory constraints and a legal framework for US operations.
๐ SEC investigates Marathon Digital. US BTC mining company receives new SEC subpoena. Investigating potential violations of federal securities laws at Montana facility. Marathon cooperating with the agency.
โฝ๏ธ Chiliz launches mainnet. Unveils Chiliz Chain mainnet to connect fans, communities, and sports teams through blockchain. Empowers sports brands with $CHZ token for next-gen experiences.
- **Latest News in** Crypto - May 15th
*Support our Daily* #CryptoNews *Post: Follow, like, mirror, collect for free* ๐
๐จ **The IRS demands $44 billion from FTX** and its subsidiaries, including Alameda Research, for unpaid taxes on corporate income, personal income, and some payroll taxes. These demands have priority over other creditors, including customers who lost money in FTX's bankruptcy.
๐ฅ **Ethereum experienced a temporary issue preventing blocks from being finalized for about 30 minutes.** The bug was a "liveness leak," but no validators were penalized for not doing their job correctly. The issue seems to be resolved, but the exact cause is still unknown.
๐ฐ **Changpeng Zhao, the founder and majority shareholder of Binance US, is reportedly considering strategies to reduce his stake in the exchange.** This discussion began last summer, before the CFTC filed a complaint against the platform.
๐ธ A judge ruled that BlockFi customers holding cryptocurrencies in non-interest-bearing deposit accounts can recover about $300 million. Customers with interest-bearing accounts are not eligible. BlockFi has until May 15 to file its bankruptcy exit plan.
๐ฎโโ๏ธ The IRS Criminal Investigation and Chainalysis will provide blockchain analysis tools and cybersecurity training to Ukrainian agencies to target financial networks used by sanctioned Russian oligarchs who attempt to conceal their assets.
๐จโโ๏ธ **Do Kwon and his partner's lawyers are proposing a $400,000 bail and house arrest** as they await trial in Montenegro on charges of using "falsified documents." Despite extradition requests from the US and South Korea, they will likely be tried in Montenegro first.
- **Latest News in** Crypto - May 5th
*Support our Daily* #CryptoNews *Post: Follow, like, mirror, collect for free* ๐
1/ ๐ด **Bittrex US has filed for Chapter 11 bankruptcy protection for its US entity**, Bittrex Inc. However, its global platform, Bittrex Global, will continue to operate normally. Bittrex reassures its US customers that their funds remain safe and secure.
2/ ๐ฐ **SBF has filed preliminary motions to dismiss most charges against him**, arguing that prosecutors have not demonstrated any valid property rights violations. However, charges of fraud, conspiracy, and money laundering are still in place.
3/ ๐ **Fees for Bitcoin transactions have skyrocketed** due to hype around Ordinals and BRC-20, causing a block's transaction fees (6.7 BTC) to exceed the rewards (6.25 BTC) awarded to miners. While this presents a problem for users, it benefits Bitcoin miners securing the network.
4/ โ๏ธ **Bitcoin developer L. Dashjr wants to ban Ordinals**, saying they cause too many problems with the spam filter, making network fees too high.
5/ ๐ **Coinbase is exploring the potential of Dubai as a strategic hub** due to favorable crypto regulations and its location as a gateway between Europe and Asia. The exchange is working with local regulators to obtain new licenses to expand its business there.
6/ ๐ณ **MakerDAO has unveiled Spark, a DeFi lending platform to enhance decentralized lending solutions for its stablecoin, DAI**. Spark is an Aave v3 software fork with direct lending capabilities in MakerDAO, allowing users to borrow DAI using assets such as ETH, stETH, and DAI.
7/ ๐ช **Paxful has reopened its P2P BTC exchange** after more than a month of closure due to concerns over client fund safety. A dispute between the two co-founders had threatened the assets of Paxful's clients.
- ๐ Big news!! Poping out in the TOP 20 this week! ๐
Congrats to all the 700 builders that are still in the game after W4!
#buildspace #nightsweekends
For those who want to try out our app, to learn about web3 in a fun way here is the link: https://revolte.app
- **Latest News in** Crypto - May 5th
*Support our Daily* #CryptoNews *Post: Follow, like, mirror, collect for free* ๐
๐ฐ **FTX seeks to recover $4B from Genesis**: Bankrupt FTX seeks to recover nearly $4B from bankrupt Genesis. Liquidators aim to recover these funds to distribute them fairly among FTX's clients and creditors.
๐น **Fed raises rates by 25 points**: The Fed's FOMC raised the federal funds rate by 25 basis points, bringing the target range to 5%-5.25%. Investors expect signals of Fed's reversal and a more lenient monetary policy in the coming months.
๐ป **Crypto.com launches "Amy"**: an AI assistant based on ChatGPT to help clients learn market data such as token prices, projects, and past events. The project aims to compete with Binance's Sensei, a similar ChatGPT-based project launched a few days earlier.
๐ฌ๐ง **UK government consults crypto industry actors**: A16z advocates for DeFi-adapted regulatory frameworks, Polygon Labs opposes crypto classification as "specific investments," Circle focuses on stablecoin regulation, while Binance supports crypto inclusion in the specific investments list.
๐ฑ **Deskoin unveils new version**: Deskoin introduces its new crypto exchange platform, featuring new functions such as recurring purchase, personalized and multiple DCA, access to buy over 25 cryptos without hidden fees, and an intuitive interface to monitor investments in real-time.
๐**French Senate proposes changes to influencer marketing law**: The Senate suggests allowing influencers to promote registered crypto companies. The amendment requires companies to be registered as PSAN or have a license to issue an ICO. ADAN supports this flexible position.
- **Latest News in** #Crypto - May 4th
*Support us: Follow, like, mirror, collect for free* ๐
๐**Exciting news: the Sui mainnet was launched yesterday at 2 pm!** Developed by Mysten Labs, it's a layer 1 blockchain that uses a modified version of the Move programming language. Sui aims to become a reference in NFT and gaming with fast transaction processing. #cryptonews
๐ฐ **Coinbase launches a new derivatives trading platform in Bermuda, called Coinbase International Exchange.** Traders can use up to 5x leverage to bet on BTC and ETH prices with perpetual futures contracts settled in USDC stablecoin.
๐จ **Dubai regulator reprimands OPNX**, a bankrupt credit exchange platform created by the founders of 3AC, for operating an unregulated platform. The platform received two cease-and-desist orders for promoting its exchange to Dubai residents. #cryptoregulation
๐ธ **Biden administration wants to impose a 30% tax on miners to combat climate change.** The DAME tax aims to encourage mining companies to take into account their "societal damage." The tax will be introduced gradually over 3 years, generating $3.5 billion over a decade.
๐ฎโโ๏ธ **Europol and nine countries have dismantled the illegal Dark Web marketplace** "Monopoly Market" and arrested 288 suspects, seizing over โฌ50.8 million in cash and crypto, 850 kg of drugs, and 117 firearms. Thousands of clients face possible legal action. #darkweb
๐ณ **MoonPay has launched a new app that allows users to manage multiple crypto wallets and hundreds of different tokens.** The app is available on Apple and Google app stores. MoonPay is also expanding into the NFT market with new products and services. #NFTs
- **Latest News in** #Crypto - May 3rd
*Support us: Follow, like, mirror, collect for free* ๐
๐ **#NFT Revolution: Blur announced the launch of Blend, a P2P NFT lending protocol.** Blend helps maximize liquidity by allowing buyers to provide collateral for purchasing an artwork. This approach opens doors for new buyers who couldn't afford costly collections
๐ธ **$PEPE: The mystery behind this surging #memecoin!** A phenomenon called "sandwich attack" happens with each transaction, making buying easy but selling extremely difficult.
๐ Justin Sun rebuked by CZ: @tronfoundation founder announced a $56M TUSD transfer refund to @binance after being warned by CZ about SUI token accumulation. Binance reallocated recovered SUI tokens to TUSD liquidity pool for retail users only.
๐ฐ **#Poloniex sanctioned by OFAC**: Poloniex to pay $7.59M to settle allegations of violating sanctions with OFAC. The platform allowed customers from sanctioned regions to trade up to $15M between Jan 2014 and Nov 2019.
๐ **A16z calls for UK-specific regulation**: A16z encourages the UK to adopt a nuanced approach to crypto regulation, avoiding the US approach. Regarding DeFi, A16z recommends regulating apps and companies directly rather than protocols or software.
๐บ **CoinMarketCap announces TV show**: CMC partners with Hello Labs to launch a "Shark Tank"-inspired show called "Killer Whales," where entrepreneurs present their projects to judges comprising Web3 founders and influencers.
๐ฅ **New nullM hack**: The DEX Level Finance suffered an exploit allowing an attacker to steal more than nullM worth of $LVL tokens. Peckshield identified a bug in Level Finance's smart contract, confirming the issue.
- **Latest News in** #Crypto - May 2nd
*Support us: Follow, like, mirror, collect for free* ๐
๐ **Gemini enters negotiations**
#Gemini, led by the Winklevoss twins, seeks to quickly resolve negotiations with Digital Currency Group regarding the refund of funds to customers through mediation. A 30-day mediation process has been agreed upon by both parties and will focus on DCG's economic contribution to the bankruptcy for the benefit of all creditors. $630M due to Gemini by DCG should be paid between May 9th and 11th.
๐ผ **SEC continues its hunt for exchanges**
SEC fined Coinme nearly $4M for allegedly offering unregistered securities and making misleading statements about its UpToken. The SEC claims that the $UP ICO conducted between October and December 2017 was an unregistered investment contract.
๐ฐ **Venmo users to get crypto services from PayPal**
PayPal plans to expand its crypto transfer features to its 60M Venmo users in the US. Customers will be able to transfer cryptocurrencies to PayPal accounts and external wallets.
๐ต๏ธโโ๏ธ **Russian intelligence hacked and lost Bitcoin**
An individual reportedly accessed nearly 1,000 Bitcoin addresses allegedly belonging to Russian security services. They destroyed over $300K in #BTC by invalidating previously executed transactions and sent the remaining funds to Ukrainian volunteer forces.
๐ณ **ECB seeks to reassure on its CBDC**
The digital euro is a concern for both consumers and private banks. Banks fear that the e-euro will threaten their business model and suggest limiting its use as a means of payment. The ECB insists on the need to protect privacy and assures that it will not be interested in users' personal data.
๐ป **Hacks explode in April**
Exploits, scams, and hacks continued in April, with over $103M stolen from crypto projects and investors. This brings the total loss since the beginning of the year to $429.7M. The main exploits are related to the loss of $25.4M due to several MEV trading bot exploits and the theft of $22M from Bitrue exchange.
- The Gitcoin Beta Round started yesterday and we've approved!๐ฅณ
@gitcoin.lens #GitcoinBeta
We have created an adventure game to discover Web3 and onboard new users: Revolte.app
You can donate if you think our project is useful! ๐ฅฐ
https://explorer.gitcoin.co/#/round/1/0xaa40e2e5c8df03d792a52b5458959c320f86ca18/0xaa40e2e5c8df03d792a52b5458959c320f86ca18-154
- Hey @gitcoin Grants Beta Round!
https://lenster.xyz/posts/0x6cb9-0x2d
Here we are if you wanna support us ๐
https://explorer.gitcoin.co/#/round/1/0xaa40e2e5c8df03d792a52b5458959c320f86ca18/0xaa40e2e5c8df03d792a52b5458959c320f86ca18-154
#GitcoinBeta #Gitcoin
- Hey @gitcoin Grants Beta Round!
https://lenster.xyz/posts/0x6cb9-0x2d
Here we are if you wanna support us ๐
https://explorer.gitcoin.co/#/round/1/0xaa40e2e5c8df03d792a52b5458959c320f86ca18/0xaa40e2e5c8df03d792a52b5458959c320f86ca18-154
#GitcoinBeta #Gitcoin
- **Latest News in** #Crypto - April 28th
*Support us: Follow, like, mirror, collect for free* ๐
๐ **Circle launches cross-chain transfer protocol**
Circle, the issuer of USDC, has launched a protocol enabling cross-chain transfers, called Cross-Chain Transfer Protocol. This protocol allows permissionless transfer of USDC natively on any of the 8 supported blockchains.
https://beincrypto.com/stablecoin-issuer-circle-launches-cross-chain-transfer-protocol
๐ธ **Kraken targeted by the IRS**
Kraken is contesting an IRS investigation into the tax filings of its users. The company considers the investigation an "unjustified fishing expedition". Kraken follows in the footsteps of Coinbase, which also opposed the IRS and SEC. US crypto companies are fighting back against what they see as unfair scrutiny by authorities.
https://beincrypto.com/kraken-challenges-us-authorities-cryptocurrency-oversight-coinbase/
๐๏ธ **Bahamas tightens rules to avoid another FTX**
The regulator in the Bahamas has released a bill on digital assets and exchanges. It aims to be enacted by the end of the quarter. The country, which hosted FTX exchange, wants to avoid a similar scenario from happening again. The case created tensions with the US and the local regulator.
https://cointelegraph.com/news/bahamas-securities-watchdog-presents-comprehensive-new-draft-digital-assets-act?utm_
๐ **Lens Protocol launches scaling solution**
Lens Protocol has introduced a beta version of Bonsai, a blockchain scalability solution, to facilitate the management of an increased volume of user transactions. The team explains that Bonsai was specifically designed to facilitate the scaling of decentralized social media applications.
https://www.theblock.co/post/228380/lens-protocol-bonsai-scaling-solution?utm_
๐ป **Binance US to launch Web3 domain names on Polygon**
Binance US has partnered with Unstoppable Domains to offer domain names on Polygon. Binance US domain names will be exclusively sold through the platform's app. Customers will be able to send crypto via the app using the domains. Binance US domain names can be purchased starting at $10.
https://www.theblock.co/post/228372/binanceus-domain-name-unstoppable-domains-binance-polygon?utm_
๐๏ธ **Franklin Templeton expands blockchain fund to Polygon**
Giant Franklin Templeton has expanded its OnChain US Government Money Fund to the Polygon blockchain. Launched in 2021 on Stellar, Polygon is the second blockchain supported by the fund. The FOBXX fund is the first US registered mutual fund using a public blockchain to process transactions and record ownership of shares.
https://www.theblock.co/post/228445/franklin-templeton-fund-polygon?utm_
- **Latest News in** #Crypto - April 28th
*Support us: Follow, like, mirror, collect for free* ๐
๐ **Circle launches cross-chain transfer protocol**
Circle, the issuer of USDC, has launched a protocol enabling cross-chain transfers, called Cross-Chain Transfer Protocol. This protocol allows permissionless transfer of USDC natively on any of the 8 supported blockchains.
https://beincrypto.com/stablecoin-issuer-circle-launches-cross-chain-transfer-protocol
๐ธ **Kraken targeted by the IRS**
Kraken is contesting an IRS investigation into the tax filings of its users. The company considers the investigation an "unjustified fishing expedition". Kraken follows in the footsteps of Coinbase, which also opposed the IRS and SEC. US crypto companies are fighting back against what they see as unfair scrutiny by authorities.
https://beincrypto.com/kraken-challenges-us-authorities-cryptocurrency-oversight-coinbase/
๐๏ธ **Bahamas tightens rules to avoid another FTX**
The regulator in the Bahamas has released a bill on digital assets and exchanges. It aims to be enacted by the end of the quarter. The country, which hosted FTX exchange, wants to avoid a similar scenario from happening again. The case created tensions with the US and the local regulator.
https://cointelegraph.com/news/bahamas-securities-watchdog-presents-comprehensive-new-draft-digital-assets-act?utm_
๐ **Lens Protocol launches scaling solution**
Lens Protocol has introduced a beta version of Bonsai, a blockchain scalability solution, to facilitate the management of an increased volume of user transactions. The team explains that Bonsai was specifically designed to facilitate the scaling of decentralized social media applications.
https://www.theblock.co/post/228380/lens-protocol-bonsai-scaling-solution?utm_
๐ป **Binance US to launch Web3 domain names on Polygon**
Binance US has partnered with Unstoppable Domains to offer domain names on Polygon. Binance US domain names will be exclusively sold through the platform's app. Customers will be able to send crypto via the app using the domains. Binance US domain names can be purchased starting at $10.
https://www.theblock.co/post/228372/binanceus-domain-name-unstoppable-domains-binance-polygon?utm_
๐๏ธ **Franklin Templeton expands blockchain fund to Polygon**
Giant Franklin Templeton has expanded its OnChain US Government Money Fund to the Polygon blockchain. Launched in 2021 on Stellar, Polygon is the second blockchain supported by the fund. The FOBXX fund is the first US registered mutual fund using a public blockchain to process transactions and record ownership of shares.
https://www.theblock.co/post/228445/franklin-templeton-fund-polygon?utm_
- Wanna to grow your community?
๐ **Introduce yourself in one sentence**, and **tag a friend.**
Let's connect.
- gm to everyone who minted a Stand With Crypto shield yesterday ๐ซก
(29k strong so far ๐ชโclick here to mint if you haven't yet: https://coinbase.com/standwithcrypto )
Drop a ๐ก๏ธ in a reply if you did ๐
- โก Introducing Revolte - Learn about Web3 in a fun way!
It's captivating interactive novel to onboard people into the Web3 with no technical jargon.
If you're interested to try it out, and give us your feedback in comment, that would be amazing. ๐
#buildspace #nightsweekends #spectreseek
- โก Introducing Revolte - Learn about Web3 in a fun way!
It's captivating interactive novel to onboard people into the Web3 with no technical jargon.
If you're interested to try it out, and give us your feedback in comment, that would be amazing. ๐
#buildspace #nightsweekends #spectreseek
- First version of Revolte has been already released (http://revolte.app) and new episodes will be released soon. Here is the #nightsweekends S3 goal by May 20th
#buildspace #spectreseek
- First version of Revolte has been already released (http://revolte.app) and new episodes will be released soon. Here is the #nightsweekends S3 goal by May 20th
#buildspace #spectreseek
- I was accepted into season 3 of nights and weekends.
I'm building an app called **Revolte** - an interactive novel to onboard users into Web3 (in a fun way!)
#buildspace #nightsweekends #spectreseek
- I was accepted into season 3 of nights and weekends.
I'm building an app called **Revolte** - an interactive novel to onboard users into Web3 (in a fun way!)
#buildspace #nightsweekends #spectreseek
- **Latest News in** #Crypto - April 27th
*Support us: Follow, like, mirror, collect for free* ๐
๐ข **Binance US backed out of the deal to acquire Voyager Digital's assets**, despite approval from a bankruptcy court judge. Voyager called it a "disappointing" termination of the null.3B restructuring agreement and will return value to clients via direct distributions.
๐จ **CFTC Commissioner believes anonymity in crypto poses a national security risk** by allowing criminals to use them for illicit purposes. She called on governments and the crypto industry to do more to combat illegal financial activities.
๐ธ **Digital Currency Group** revealed that some creditors of bankrupt Genesis withdrew from a restructuring deal. DCG hoped to sell Genesis to repay at least $3.4B to creditors, but some now made additional demands.
๐ฐ The new #zkSync **based DEX, Merlin, was hacked for over null.1M** during a public sale of its MAGE tokens. The attack occurred despite Merlin's audit by blockchain security company CertiK, which revealed "no critical findings."
๐ฆ **The New York Fed has modified counterparty criteria for its reverse repo program**, potentially preventing Circle from accessing it. Under the new rules, the Circle Reserve Fund managed by BlackRock appears to be ineligible.
๐ **Apple will remove the** #Bitcoin **whitepaper**, hidden on Macbooks for over five years, in the next update. Beta testers confirmed that MacOS Ventura version 13.4 no longer contains the file.
๐ธ #FirstRepublic **Bank suffered a major collapse on Wall Street** on Tuesday, with investors worried about the bank's future. Its clients withdrew more than $100M in the first quarter, and after releasing its financial results on Monday night, the stock ended Tuesday's session down 49% on the NYSE.
- ๐ข We're thrilled to announce our participation the @gitcoin **Grants Beta Round**
We have created **Revolte - An adventure game to discover Web3 and onboard new users**
You can donate if you believe our project is useful!
https://explorer.gitcoin.co/#/round/1/0xaa40e2e5c8df03d792a52b5458959c320f86ca18/0xaa40e2e5c8df03d792a52b5458959c320f86ca18-154
#GitcoinBeta
- ๐ข We're thrilled to announce our participation the @gitcoin **Grants Beta Round**
We have created **Revolte - An adventure game to discover Web3 and onboard new users**
You can donate if you believe our project is useful!
https://explorer.gitcoin.co/#/round/1/0xaa40e2e5c8df03d792a52b5458959c320f86ca18/0xaa40e2e5c8df03d792a52b5458959c320f86ca18-154
#GitcoinBeta
- **Latest News in Crypto** - April 26th
*Support us: Follow, like, mirror, collect for free* ๐
๐ข **Coinbase takes on SEC**
Coinbase is suing the SEC to get a response regarding its request filed last summer to clarify specific rules on crypto. This action aims to force the SEC to act and provide explicit rules, as many actors in the crypto industry remain in regulatory limbo.
๐ **Do Kwon asks SEC to drop charges**
Terraform Labs' CEO, Do Kwon, is requesting the SEC drop charges against the LUNA and UST tokens, arguing that they are not securities. A South Korean court also declared that LUNA is not a security, and SEC does not have the competence to prosecute.
๐ฐ **US Treasury targets North Korean crypto theft**
The US Treasury has imposed sanctions on three North Koreans accused of supporting the North Korean group Lazarus involved in several crypto thefts. The individuals were OTC traders who facilitated the illegal funds' resale.
๐ **OpenSea executive faces insider trading charges**
Nathaniel Chastain, a former OpenSea product head, will be the first person to be tried for insider trading in NFTs. He bought NFTs before their listing and resold them with secret wallets. The verdict will impact future decisions by judges in similar cases.
๐ **Bybit to implement KYC for all users**
Bybit will require KYC for all its services from May 8, 2023. Existing users who have not completed the verification before this date can only close their positions. Bybit has not explained this policy change, but it is likely due to increasing regulatory pressure.
๐ซ **BitBoy Crypto gets reprimanded by a judge**
Ben Armstrong, known as BitBoy Crypto, was warned by a judge for posting a photo with a pig from the Bahamas instead of attending a hearing in a class-action lawsuit for promoting FTX. The judge advised Armstrong to be cautious before making public comments.
- **Latest news in Crypto** - April 25th
๐จ **Coinbase and Gemini interested in Celsius assets**
Two consortia, including Gemini and Coinbase, will compete to buy the assets of the bankrupt lender Celsius Network in an auction tomorrow in New York. Customers could recover up to 70% of their funds if a new platform owned by Celsius' creditors is created.
๐ธ **KuCoin's Twitter account hacked**
KuCoin's Twitter account was compromised for 45 minutes, resulting in over $22,500 in losses across 22 transactions. KuCoin will reimburse all verified asset losses and is investigating with Twitter.
๐ต๏ธ **SBF attempts to bypass restrictions**
SBF's legal team has requested a 3rd extension to apply its revised bail conditions due to difficulties installing surveillance software on his parents' phones. SBF could potentially take advantage of this since no one can verify the user.
๐ **UniSat Wallet hit by double-spend attacks on Ordinals**
UniSat Wallet, the first BRC-20 wallet provider, suffered several double-spend attacks due to a vulnerability. After the investigation, it plans to compensate the losses of the affected users.
๐ฐ **Trust Wallet to reimburse victims of exploit**
Trust Wallet has identified and resolved a major vulnerability that affected Ethereum wallets generated via the Trust Wallet browser extension between November 14-23, 2022. Two exploits resulted in an estimated loss of around $170,000, and Trust Wallet plans to reimburse the affected users.
๐ซ **Binance drops some sanctions against Russia**
Binance restores compatibility with Russian bank cards despite international sanctions. However, Binance maintains its position regarding restrictions against Russian citizens. The announcement comes as Russia explores blockchain alternatives to create new cross-border payment channels.
Support **Irruption Lab**,
Follow, like, mirror, collect for free ๐
- **Latest news in Crypto** - April 24th
๐ฅ **The EU has officially adopted the MiCA** regulation, which aims to make Europe a global reference and attract crypto companies. MiCA brings clarity on the scope and definitions of crypto regulation.
๐ก **Crypto service providers now benefit from greater clarity**: if a company holds a license in an EU member state, it legally has access to the entire EU market. Banks and traditional finance companies can also choose licensed partners for developing their crypto solutions.
๐ผ **ENS collaborates with MoonPay** to enable users to easily purchase a .eth domain name with a credit card. This integration allows users to directly buy and register their .eth domain without having to first purchase ETH and then configure a wallet.
๐ฎโโ๏ธ **Binance is being investigated by Brazilian regulators** for allegedly illegally offering crypto derivative products despite an injunction prohibiting it since 2020. Brazilian clients say they can bypass the restrictions by changing the site's language.
๐ณ **TransUnion**, one of the leading credit agencies in the US, will provide credit scores for DeFi lenders starting next week by partnering with Spring Labs and Quadrata. The service will preserve applicants' privacy and help lenders better evaluate risks.
๐ก **1inch, the decentralized exchange aggregator, launches a version of its platform on zkSync Era**. 1inch becomes one of the most popular dApps to launch on a zkEVM. In addition to its aggregator, 1inch will also launch its protocol allowing for limit orders on zkSync Era.
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- It seems there is a rug function in Sociรฉtรฉ Gรฉnรฉrale Stablecoin but it is not really clear for me
- Yeah as you say @pgguidel.lens they have ad some weird function `validateTransfer` that is called to authorize a transfer of token to another address. And `recall` that lets us get back the fund back. Very bank way, where the money is not really yours ๐
You can check this on the contract deployed here : https://etherscan.io/address/0xf7790914Dc335B20Aa19D7c9C9171e14e278A134#code
Address noted in their announcement blog post https://www.sgforge.com/societe-generale-forge-launches-coinvertible-the-first-institutional-stablecoin-deployed-on-a-public-blockchain/
- ๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ฐ๐ฌ ๐ข๐ง ๐๐ซ๐ฒ๐ฉ๐ญ๐จ ๐ - April 21st
**1/ French Crypto Investors on the Rise**
๐ฐ ADAN and KPMG report that 11% of French citizens own crypto, up 18% in the past year, with an average investment of โฌ5,000. The rise in adoption creates new opportunities but also new challenges for the ecosystem.
**2/ Societe Generale Launches Euro Stablecoin**
๐ถ Societe Generale-Forge releases a stablecoin called EUR CoinVertible (EURCV), pegged to the euro and compliant with major market standards. Available exclusively for qualified institutional investors through eligible platforms.
**3/ Hong Kong Recognizes Crypto as Property**
๐ผ A Hong Kong court recognizes crypto as property that can be held in trust. This expands the definition of "property" and clarifies how to treat crypto assets during liquidation procedures.
**4/ Binance Allowed to Purchase Voyager Digital Assets**
๐ธ Voyager Digital, a bankrupt crypto lending firm, has agreed to sell its assets to Binance's US subsidiary for null billion. This comes after a New York court approved the acquisition.
**5/ CBDC Development to Speed Up UK Regulation**
๐ท A pilot project by the Bank for International Settlements and the Bank of England to purchase a house using CBDCs is encouraging UK legislators to accelerate crypto regulation. A bill is expected to be finalized by the end of the year.
**6/ Maple Finance Launches Treasury Bond Product**
๐ฆ Maple Finance has launched a pool on Ethereum and Solana that allows non-US Web3 institutional investors to invest in one-month US Treasury bonds. Room40 Capital is the only borrower via an SPV.
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We are listed on Magic Square !
๐ https://magic.store/app/revolte
- ๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ฐ๐ฌ ๐ข๐ง ๐๐ซ๐ฒ๐ฉ๐ญ๐จ ๐ - April 20th
๐ฅ **Coinbase threatens to leave the US due to unclear crypto regulations.** CEO Brian Armstrong said the lack of regulatory clarity could push Coinbase to invest elsewhere in the world. Bittrex announced last week it will also leave the country.
๐๏ธ **VC Tribe Capital may lead a $250M fundraising round to revive FTX**, with $100M from Tribe. FTX's creditors are evaluating all options to restart or sell the platform and its subsidiaries to create value and repay creditors.
๐ก๏ธ **Critical vulnerabilities affecting iOS and macOS have been identified by Kaspery.** Apple has issued updates to fix these flaws, which allowed attackers to execute code on browsers. Crypto investors are urged to update as soon as possible to protect their funds.
๐ฐ **Safemoon recovered $7.1M after a hack.** The hacker who stole $9M in $SFM tokens agreed to return 80% of the stolen funds, or $7.1M, as part of an agreement with Safemoon. The team also agreed on a bounty composed of the remaining 20% for the bug discovery.
๐ธ **Deposits now exceed withdrawals on Ethereum.** Investors are now depositing more ETH than they are unlocking, just a week after the Shapella upgrade. In the last 24 hours, nearly 95,000 ETH have been deposited and a little over 27,000 ETH withdrawn.
๐ฐ **PancakeSwap is proposing to reduce inflation for its native token $CAKE** from 20% to between 3% and 5%. The "version 2.5" proposal would reduce token rewards to investors by over 68%. Emissions of $CAKE on PancakeSwap's main liquidity pool would also decrease by 94%.
- ๐ฅ **๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ฐ๐ฌ ๐ข๐ง ๐๐ซ๐ฒ๐ฉ๐ญ๐จ** ๐๐ - April 19th
๐ **Nike to launch NFT sneaker collection on Swoosh platform.** Users can buy virtual Air Force 1 sneakers from May 10th in two digital boxes, "Classic Remix" and "New Wave," featuring various designs, including a 3D file for new uses.
๐ฐ **Apple Card partners with Goldman Sachs to offer a savings account with an APY of 4.15%**, more than 10 times the national average in the US. The account can be managed directly from the Wallet app.
๐ก๏ธ Following allegations of operating as a broker, exchange, and clearing agency, **Bittrex will leave the US by the end of April,** facing pressure from the SEC.
๐จ **Kyber Network reports a potential security flaw on its Elastic platform**, urging users to withdraw funds as a precaution. No user funds have been lost, and investigations are ongoing.
๐ธ **Grayscale Investments launches the Grayscale Solana Trust (GSOL) on OTC Markets**, allowing institutional investors to invest in Solana without buying it directly.
๐ **The sovereign fund of Bhutan invested in crypto via BlockFi and Celsius**, and millions of dollars are currently stuck. BlockFi is suing the fund for a $30 million loan that was not repaid. The fund's crypto activities were not disclosed to the public or shareholders.
- ๐ฅ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ฐ๐ฌ ๐ข๐ง ๐๐ซ๐ฒ๐ฉ๐ญ๐จ ๐๐ - April 18th
1/ ๐๐ฎ๐ข ๐๐๐ง๐๐๐ฅ๐ฌ ๐๐ข๐ซ๐๐ซ๐จ๐ฉ ๐
Sui network team opts for a public sale instead of an airdrop for token launch. Community disappointed with the decision seen as insufficient. Public sale on Bybit, Kucoin, and OKX with preferential access for active Sui community members.
2/ ๐๐ ๐ฉ๐ซ๐๐ฉ๐๐ซ๐๐ฌ ๐ฌ๐ญ๐๐๐ฅ๐๐๐จ๐ข๐ง ๐ซ๐๐ ๐ฎ๐ฅ๐๐ญ๐ข๐จ๐ง๐ฌ ๐บ๐ธ
House of Representatives seeks new regulatory framework for non-bank stablecoins. Proposed bill includes temporary ban on new stablecoins without FIAT backing and mandates Fed to study e-dollar project.
3/ ๐๐ฎ๐ง๐๐ซ๐๐ ๐
๐ข๐ง๐๐ง๐๐ ๐ก๐๐๐ค๐๐ ๐๐จ๐ซ $7๐ ๐ฐ
Hundred Finance loses $7.3M in flashloan attack on Optimism Layer 2. Hacker manipulates WBTC to hwBTC exchange rate using borrowed funds to swap more tokens than expected. Security concerns for Layer 2 solutions raised.
4/ ๐๐๐ฏ๐ ๐๐จ๐ฆ๐ข๐ง๐ ๐ญ๐จ ๐ณ๐ค๐๐ฒ๐ง๐ ๐๐ซ๐ ๐
Proposal to deploy Aave DEX on zkSync Era Mainnet approved by over 99% of voters. Initially limited to USDC and ETH for V3 lending protocol. Community expects zkSync deployment to attract new users to Aave ecosystem.
5/ ๐๐ก๐๐ช๐ฎ๐ข๐ฅ๐ฅ๐ ๐'๐๐๐๐ฅ ๐ฌ๐๐ซ๐ฏ๐๐ ๐ข๐ง ๐
๐๐ ๐ฅ๐๐ฐ๐ฌ๐ฎ๐ข๐ญ ๐
Basketball legend Shaquille O'Neal served in class-action lawsuit against FTX founder. O'Neal accused of promoting alleged "fraudulent scheme". Lawyers claim O'Neal has been evading service for over 3 months.
6/ ๐๐ข๐ฅ๐ฅ ๐ฉ๐ซ๐จ๐ฉ๐จ๐ฌ๐๐ฌ ๐๐๐ง๐ฌ๐ฅ๐๐ซ'๐ฌ ๐ซ๐๐ฌ๐ข๐ ๐ง๐๐ญ๐ข๐จ๐ง ๐๐ซ๐จ๐ฆ ๐๐๐ ๐
Ohio representative Warren Davidson introduces legislation to replace SEC Chairman Gary Gensler due to controversial crackdown on crypto industry. Support from SEC Commissioner Hester Peirce and other politicians.
- It would be fun to build a CollectTogether.
Imagine payed collects -> PoolTogether -> Winner announced -> Distributed
DM if interested ๐ค
Nice Lens Circle btw ๐
- Circle full of winners ๐๐
Collect for free โคต๏ธ
- Ready for the future of Web3 !
- I just voted "YAE" on "[ARFC] ACI Service Provider 6-month Proposal" https://snapshot.org/#/aave.eth/proposal/0xbff353c13861818ed952874dd76a04e4b97570edc0513bfc2eed64cd5277b404 #snapshotlabs