Web3 Daily | Huobi to Launch Huobi HK; zkSync Era On-Chain TVL Surpasses $300 Million.
Selected News:
1. Huobi will launch Huobi HK for Hong Kong users. Li Lin stated that Huobi (火必) company prohibits the use of the Huobi brand.
2. The latest ACDE conference on Ethereum: Developers believe that activating the Constantinople upgrade in October is a reasonable target time.
3. The NFT lending market Blend has added support for Clone X.
4. Web3 Mahjong game Mahjong Meta has completed a fundraising of over ten million dollars and will soon launch NFT Free Mint.
5. Multicoin Capital transferred over 830,000 LDO to Coinbase;
6. zkSync Era's on-chain TVL has exceeded 300 million US dollars;
Funding Information
According to sources, the on-chain Mahjong esports project Mahjong Meta may have completed a financing round of over 10 million US dollars, with investors including Folius Venture, Meteorite Labs, Parallel Ventures, and others.
In Mahjong Meta, global Mahjong enthusiasts will be able to showcase their skills through various modes such as ranking matches, elimination matches, and championship matches. At the same time, Mahjong Meta's new original Tama Master gameplay combines Mahjong's mathematical logic with customized AI strategy thinking, allowing different NFT skill cards to be combined for each player's mapping of their understanding of Mahjong strategy and tactics, to conduct automatic Mahjong battles and verify the effectiveness of their strategies.
It is reported that Mahjong Meta will launch the Free Mint of Pass NFT 0xMahjong on Ethereum on May 27th. Users who hold this NFT will receive continuous benefits throughout the entire development phase of Mahjong Meta. 0xMahjong is also the founding collection of Mahjong Meta and the starting project of Janshi Club Collections. At the same time, Mahjong Meta is expected to officially launch in July 2023, and is currently available for BETA testing on the official website MJMETA.IO.
Web3 gaming studio Pomerium completes $20 million angel round investment
According to foreign media reports, Web3 game studio Pomerium has completed a $20 million angel round of investment, and the specific investors have not been disclosed. The new funds will enable the company to expand its blockchain-based game portfolio and drive innovation in the rapidly developing Web3 gaming industry. Pomerium was founded in February 2022 and is a Web3 multi-game platform focused on mobile games. The platform's token economy aims to create a sustainable mobile game ecosystem. Pomerium plans to expand its services in the GameFi market in the coming years.
According to foreign media reports, Web3 creator application PoPP has completed a $4 million angel round of financing with a valuation of $40 million. The round was led by Foresight Ventures, with participation from several other institutions and individuals. The new funds will be used to support product development and iteration after PoPP goes live, as well as creator incentives. The product is expected to launch on the App Store for global public testing soon. PoPP will serve as an integrated creator community tool and one-stop content deposition application, using Web3 and AI technology to support a large community.
Project Updates
Huobi will launch Huobi HK for Hong Kong users
The encrypted trading platform Huobi will launch Huobi HK for Hong Kong users and is ready to provide users with a variety of cryptocurrency trading services. Starting from June 1st, users can buy, sell, and hold mainstream cryptocurrencies such as BTC and ETH, as well as other major cryptocurrencies listed in independent indexes through Huobi HK.
Huobi founder Li Lin responded to questions on social media regarding whether Huobi HK is related to Li Lin personally, and the re-use of the "Huobi" name in the Huobi App. Li stated that after October 8, 2022, he will no longer be a shareholder of Huobi, and any business activities of Huobi will be unrelated to Li Lin personally.
According to the trading agreement, Huobi company prohibits the use of the Simplified and Traditional Chinese "火币" and "火幣" brands (Huobi company's Chinese name has been changed to "火必"). Huobi company is requested to immediately stop the infringement of using the Chinese "火币" and "火幣". Li Lin's legal personnel will send a lawyer's letter to Huobi company to urge it to stop the infringement behavior. Further legal measures will be taken depending on the situation to protect Li Lin's legitimate rights and interests.
CoinList will launch the Archway (ARCH) Token sale on June 15th and registration is now open.
According to official sources, CoinList has announced that it will launch the Archway (ARCH) Token sale at 23:00 on June 15th Beijing time and registration is now open. The total supply of ARCH Token is 30 million, priced at 0.2 USD per token, with a lock-up period of 40 days and an 8-month linear vesting schedule. Registration will close at 20:00 on June 12th Beijing time.
Archway is the first-layer blockchain native to Cosmos, which allows developers to obtain value for the network through a novel, developer-centric economy.
BlockBeats previously reported that Phi Labs, the development company of Archway, completed a $21 million seed round of financing in March, with CoinFund and Hashed leading the investment. Other investors included 1confirmation, IDEO CoLab, Figment, Blockchain Capital, Wintermute, Chorus One, stake.fish, Lemniscap, Cosmostation, and Hypersphere Ventures.
Ethereum core developer Tim Beiko summarized that the latest Ethereum core developer consensus (ACDE) meeting discussed topics such as disabling SELFDESTRUCT, changes to the EIP-4844 specification, opcode management, and potential final Cancun additions.
With the formation of Dencun, Devnet-6 is likely to be the last Devnet exclusively for EIP-4844, and other EIPs will also be introduced for testing. Developers will determine the full scope of Dencun (Deneb + Cancun) in the coming weeks.
Sam Altman: OpenAI will continue to operate in Europe and has no plans to leave
OpenAI CEO Sam Altman posted on social media that "the dialogue in Europe on how to better regulate AI has been productive, and we are pleased to continue operating here, of course, with no plans to leave."
Previously, UK Prime Minister Sunak met with Sam Altman to discuss how the UK can provide international leadership in the field of artificial intelligence, stating that "artificial intelligence has the potential to help achieve transformation and economic growth, provided it is safe and reliable."
DCG is about to close its bulk brokerage business unit TradeBlock.
According to CoinDesk, Digital Currency Group (DCG) is set to shut down its institutional trading platform TradeBlock on May 31. A spokesperson for the department stated that "due to the overall economic situation and the continued cryptocurrency winter, as well as the challenging regulatory environment for digital assets in the United States, we have decided to stop our institutional trading platform business." The cryptocurrency enterprise group suffered losses of over $1 billion last year.
TradeBlock was acquired by CoinDesk in 2020 and later spun off as an independent business. CoinDesk retained the purchased index data business (renamed as CoinDesk Index), while the rest of the business was divested as TradeBlock.
Blockchain financial technology solution provider Unbanked is closing its crypto services citing over-regulation in the United States, and users can withdraw their funds within 30 days. Unbanked stated that US regulators "are actively trying to prevent companies (banks and fintech companies) from supporting crypto assets, even if these companies are trying to do so correctly and in accordance with regulations."
Unbanked recommends that all customers withdraw their funds immediately, and withdrawals will be open for 30 days. Customers are advised to start withdrawing their funds as soon as possible.
Unbanked also indicates that regulatory restrictions in the United States have limited its ability to raise funds. It recently signed a letter of intent to raise $5 million at a valuation of $20 million. Although it did not specify which regulations prevented it from obtaining funding, the company stated that it has not yet received the funds. The company also did not indicate whether it plans to file for bankruptcy.CertiK: DeFi protocol WDZD Swap was hacked on May 19th, with losses reaching $1.1 million.
According to a report from blockchain security company CertiK on May 21st, the BSC-based DeFi protocol WDZD Swap was hacked on May 19th, resulting in a loss of $1.1 million. The stolen Binance-Pegged ETH has been bridged to the BNB Smart Chain.
The attacker conducted 9 malicious transactions and drained 609 Binance-Pegged ETH from contracts related to the WDZD Swap project, which was worth $1.1 million at the time of the attack. The attacker is a hacker marked as "Fake_Phishing750" on the chain, who had previously attacked another protocol called "Swap X". Currently, WDZD Swap's Telegram official channel has been muted and set to only allow administrators to post.
Thanefield Capital's research department, An Ape's Prologue, posted an analysis on social media stating that Fantom is the blockchain network with the highest risk exposure to Multichain. 35% of its total value locked (TVL) is locked in Multichain.
40% of Fantom's assets are issued by Multichain (excluding its native token FTM), mainly in Wrapped form, with a total value of $650 million. In addition, Multichain's stablecoin market value ($458 million) accounts for 81% of the total stablecoin market value in the Fantom ecosystem ($567 million), with USDC being the highest ($194 million).
Galaxy Digital Research Vice President Christine Kim summarized the latest Ethereum execution layer core developer meeting (ACDE) discussions, including the impact analysis results of EIP-4758 and 6780, the progress of EIP-4844, and the possible inclusion of EIP 5920, 5656, and 7069 in the Cancun upgrade.
Blockchain security company Dedaub's impact analysis results for EIP-4758 and EIP-6780 are: "We believe that the impact of EIP-4758 and EIP-6780 is controllable, and due to the simplicity of Ethereum client implementation, it may be positive, especially if EIP-6780 is selected."
In addition, Alex Stokes, a researcher at the Ethereum Foundation, stated that the reasonable target date for the activation of the Cancun upgrade is October 2023. The Geth (EL) developer, Lightclient, confirmed this statement, saying that there is "at least 5-6 months" left for the upgrade based on its current scope.
Core developer Tim Beiko suggested that developers should revisit the conversation around the Cancun upgrade scope in future conference calls. He also recommended that future discussions around expanding the Cancun scope be limited to the following five EIPs: EIP-5920, 5656, 7069, 4788, and 2530.
Paradigm will expand its focus to include the field of AI
According to The Block, the cryptocurrency venture capital firm Paradigm is expanding its focus to include the field of artificial intelligence. As per information on its official website, Paradigm now refers to itself as a "research-driven technology investment firm" rather than a company that exclusively invests in "disruptive crypto/Web3 companies and protocols."
Insiders familiar with this strategy have stated that the company has not changed its mission and continues to focus on cryptocurrency and Web3, with no actual changes. The updated website copy is intended to emphasize its technological research. Paradigm supports companies that explore new technologies in its core strategy, such as the AI Arena.
推特 KOL、模因币 PSYOP 创建者 Ben.eth 因引用网络钓鱼推文导致其粉丝损失约 17 万美元
Translation:"Chain Detective" ZachXBT monitoring shows that the creator of the meme coin PSYOP, Ben.eth (Twitter handle @eth_ben), caused his fans to lose about $170,000 by quoting a phishing scam tweet from the stolen Steve Aoki account (Twitter handle @steveaoki) on Twitter.
OpenDAO's BRC-20 DAO has launched the Majo NFT, which has risen from a minting price of 0.001 BTC to 0.059 BTC, a 59x increase. Majo NFT holders can receive a whitelist for the BRC-20 DAO launchpad and more ecosystem project airdrops. The total supply of Majo NFT is 1000, with the remaining 900 being airdropped to Brc-20 Token Majo holders.
徐明星：已解封 SAMO 突发行情所有误封账户，正改进风控策略
Translation:Xu Mingxing stated on social media that due to the sudden market situation of SAMO, about 10 accounts were hit by the "suspected blacklisted risk control strategy". This strategy will temporarily freeze the account, and customer service will immediately contact the customer to verify whether it is their own operation. Currently, all frozen accounts have been unfrozen. This risk control strategy does have flaws, which led to this "mistaken killing", and the team is improving this risk control strategy.
The cryptocurrency trading platform Binance has announced that "in order to improve user security, we have contacted USDT issuer Tether, USDC issuer Circle, and others to expand support for native stablecoin versions on Binance. Updates will be coming soon."
Reddit has partnered with Ubisoft to release a free Rabbids-themed Avatar NFT, which is currently available for free to Reddit users.
Polkadot officials announced that Binance now supports the deposit and withdrawal of USDT on the Polkadot network. According to Binance's official announcement, Binance will remove and delist the following spot trading pairs at 14:00 on June 1, Beijing time: ADA/AUD, AUD/BUSD, AUD/USDT, BNB/AUD, BTC/AUD, DOGE/AUD, ETH/AUD, GALA/AUD, MATIC/AUD, SOL/AUD, XRP/AUD. Users can still trade the above assets using other trading pairs.
The first 3A-level open-world ARPG blockchain game built on the Sui Network, Abyss World, developed by Metagame Industries, announced a partnership with Google Cloud and Portalverse Network to jointly promote the development of Web3 games using Google's cutting-edge cloud technology and Portalverse's decentralized rendering capabilities. At the same time, the company has officially launched the cloud gaming version of AbyssWorld.
The new version will allow players around the world to experience the game anytime, anywhere, without being limited by game consoles or personal computers, and immediately immerse themselves in the game. This move will expand the influence of Abyss World in the global market.
NFT lending market Blend adds support for Clone X
Blur's NFT lending market Blend has added support for the NFT series Clone X launched by RTFKT, a crypto fashion brand under Nike.
Data
BNB short-term increase by 1.3%, CZ social media post "When Launchpad?"
Binance founder and CEO CZ posted on social media, "When will Launchpad be launched?" BNB rose 1.3% in the short term and is now priced at $304.9.
黄立成地址于今晨将 803 ETH 兑换为 JIMBO V2
Translation:Huang Licheng exchanged 803 ETH for JIMBO V2 this morning at his address
According to Twitter user @EmberCN's monitoring, "Majidage" Huang Licheng exchanged 803 ETH (approximately $1.45 million) for JIMBO V2 this morning. Previously, the address had spent 224.4 ETH on purchasing 2.89 million JIMBO V1 on May 17th. Later, JIMBO released V2 early this morning due to issues with its contract design. Huang Licheng sold JIMBO V1 last night and exchanged it for 235.8 ETH, making a profit of 11.4 ETH.
Multicoin Capital transferred over 830,000 LDO to Coinbase
According to on-chain analyst Yu Jin's monitoring, 9 hours ago, Multicoin Capital transferred 833,332 LDO (approximately $1.66 million) to Coinbase. Multicoin Capital acquired 10 million LDO through investment on December 7, 2020 (with a coin acquisition cost of $0.00846). Since October 16, 2022, Multicoin has sold/transferred 9,166,667 LDO to trading platforms, and currently only holds 833,333 LDO.
Data: Yearn attacker transferred 4134 ETH to Tornado Cash
According to PeckShield's monitoring, the Yearn attacker has transferred 4134 ETH to Tornado Cash. BlockBeats previously reported that in mid-April, the Yearn Finance project was attacked by a flash loan, and the hacker made a profit of over $10 million, all of which was stored in the hacker's address.
Data: TVL on zkSync Era exceeds 300 million US dollars
According to L2BEAT data, the total value locked (TVL) on zkSync Era has surpassed $300 million, reaching a new all-time high.
嘉楠耘智 Q1 财报：总收入 5520 万美元，其中挖矿收入为 1110 万美元
Translation:Jia Nan Yunzhi officially released its Q1 2023 financial report: total sold computing power of 4.2 million TH/s, with 1.9 million TH/s in Q4 2022 and 4.3 million TH/s in the same period last year; revenue of $55.2 million, compared to $58.3 million in Q4 2022 and $201.8 million in the same period last year; mining revenue of $11.1 million, a 3.3% increase from Q4 last year's $10.7 million and a 130.2% increase from last year's $4.8 million.
Regulation
According to US officials, Biden and McCarthy are about to reach an agreement to raise the debt ceiling for two years. Biden and Democrats are considering reducing funding for the IRS in the budget agreement. The agreement will limit most expenditures except for military and veterans. According to sources, there are still differences between the two sides in key issues in the US debt ceiling negotiations. (Jinshi)
The Norwegian Bank (Norwegian Central Bank) stated in a report that relevant departments should consider formulating a national strategy to regulate the cryptocurrency market. Regulations for the cryptocurrency market are being developed and implemented globally, but it is uncertain how long it will take. Norwegian officials should evaluate whether to move faster instead of waiting for international regulatory solutions. In addition, the Norwegian Bank is intensifying its research on central bank digital currencies (CBDCs).
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