Top News:
1. Azuki will launch a new NFT series called GreenBean, or airdrop it to Azuki holders;
2. NFT marketplace Magic Eden announced support for BRC-20 Token;
3. FTX CEO: We have started soliciting interested parties to negotiate the relaunch of the FTX.com trading platform;
4. Curve TUSD pool has a TUSD dominance of over 70%, with TUSD currently trading around $0.9973;
5. TrueUSD: TUSD, with a trading volume of over 68 billion US dollars in the past 30 days;
6. The leveraged Bitcoin futures ETF launched by Volatility Shares had a first-day trading volume of $5.5 million.
Azuki co-founder 2PMFLOW responded to the community on social media regarding the occurrence of identical images in Elementals' map creation, stating that this situation is a technical malfunction. Due to the event logs of the data provider becoming outdated due to Ethereum block reorganization, the metadata of a few tokens were processed incorrectly. The team is working hard to restore the correct images and metadata.
Azuki will launch a new NFT series GreenBean, or airdrop to Azuki holders
According to an official announcement, Azuki will launch a new NFT series called GreenBean with a total of 10,000 pieces, which may be airdropped to Azuki holders. BlockBeats previously reported that wave, a veteran holder of BAYC and NFT collector, posted on social media that he noticed the deployment of a new contract called GreenBean by the deployer of the Elemental Beans contract one hour ago. By decompiling this contract, he discovered that the contract hard-coded a reference to the Azuki main contract, while also hard-coding MAX_SUPPLY as 10,000 and mentioning the implementation of copyright fees (implying tradability).The Azuki team is suspected to be modifying the metadata of the Elementals series, causing some NFT platforms to fail to display preview images properly. According to BlockBeats' investigation, the Elementals series is different from the previous Azuki series, as the metadata storage address is on a private cloud server. Currently, when querying the Elementals series contract, some tokenURIs cannot display query results. At the same time, some NFT preview images of the Elementals series cannot be displayed properly on platforms such as Blur.
In addition, some community members have found that the repair metadata uploaded by the team seems to be a file, which redirects to a download page when accessed.
BlockBeats previously reported that 2PMFLOW, co-founder of Azuki, responded to the community on social media regarding the appearance of identical images in Elementals' map creation. He stated that this was due to a technical malfunction, where the event logs of the data provider were outdated due to the Ethereum blockchain reorganization, resulting in incorrect processing of metadata for a few tokens. The team is working hard to restore the correct images and metadata.
Azuki: Will release a statement and next steps later
Regarding the issues with Elementals casting and mapping, Azuki announced on the official Discord that the team has heard all the feedback clearly and will release a statement and next steps later tonight.
Data: NFT whale with address 0x6B4fd sold 52 Azuki for 492.56 ETH
According to NFT Whale Alert, a whale with an address starting with 0x6B4fd sold 52 Azuki NFTs for 492.56 ETH (approximately $916,000 USD).Christian: Azuki's approach is not wise, willing to spend $40 million to buy the project
The co-founder of NDV, a crypto fund, and Azuki whale Christian mentioned Azuki on social media, saying: "It is not wise to destroy a project worth $1 billion (and the most loyal community on earth) to gain a profit of $38 million. I am willing to offer $40 million to buy the entire company."
In response to netizens willing to purchase the project at a higher price, Christian replied that the project could be split up and turned into a true DAO.
黄立成以 36 ETH 购入 Elemental #19481,创该系列当前最高成交价
Translation:Huang Licheng (machibigbrother.eth) purchased Elemental #19481 for a price of 36 ETH, setting the current highest transaction price for the NFT series. It is reported that the rarity ranking of this NFT on OpenSea is 727th.
Data: Huang Licheng spent over 900 ETH today to buy multiple Azuki series NFTs
According to on-chain analyst Yu Jin's monitoring, Huang Licheng (machibigbrother.eth) bought against the market today as the prices of Azuki series NFTs fell: 1. Bought 394 Elemental Beans at an average price of 1.72 ETH for a total of 677.42 ETH; 2. Bought 18 Azuki at an average price of 8.7 ETH for a total of 156.68 ETH; 3. Bought 14 Elementals at an average price of 4.38 ETH for a total of 61.37 ETH; 4. Bought 22 Beanz at an average price of 0.66 ETH for a total of 14.52 ETH.
Related Reading:
"Interview with NFT whale planning to acquire Azuki: I have increased my holdings, NFT will not die"
"Azuki 扑街 Milady 坚挺,头像 NFT 到底需不需要项目方?"
"Azuki also fell, is the narrative of picture NFT over?"
Maverick Protocol announced the airdrop rules, and 30 million MAV will be available for application at 16:00 today.
DeFi infrastructure Maverick Protocol has announced the airdrop rules, which will airdrop 30 million MAV tokens to users during the Pre-Season ecosystem incentive program, accounting for 1.5% of the total token supply. The snapshot for this round has been completed at 4:00 on June 23, Beijing time.
A total of 26,155 Ethereum mainnet wallet addresses and 96,075 zkSync Era network wallet addresses are eligible to claim MAV in this first airdrop. Eligible users can claim the airdrop after 16:00 on June 28, Beijing time.
According to the official blog, the Horizen community has recently approved ZenIP 42204 to deprecate the Horizen mainchain shielded pool. After deprecation, all privacy features will be removed from the Horizen mainchain at the consensus level. This means that ZEN will no longer be considered a privacy coin after this change.
Horizen stated that the purpose of deprecating the Horizen mainchain shielded pool is to ensure that Horizen uses privacy technology correctly and sustainably, and to mitigate regulatory threats. The deprecation of the Horizen mainchain shielded pool will be implemented as part of the upcoming ZEN 4.1 mandatory software upgrade. The testnet will be deprecated in August of this year, and the mainnet will be deprecated in September.
Adventure Gold DAO has launched a new L2 network Loot Chain based on OP Stack.
The Loot ecosystem project Adventure Gold (AGLD) DAO has announced the launch of a new Ethereum L2 network, Loot Chain, exclusively for the Loot community. Loot Chain is an EVM-compatible L2 built by Web3 infrastructure provider Caldera using OP Stack, with AGLD being used as the Gas Token. The chain also uses Polygon as a data availability layer, significantly reducing the cost of building, deploying, and operating Loot Chain.
Adventure Gold DAO has stated that Ethereum L1 is not the best place for Lootverse's development, as its high gas fees limit the growth of Lootverse, especially for cheaper NFT holders.
Bitget will launch Maverick Protocol (MAV)
Bitget will launch Maverick Protocol (MAV) on the innovation zone, and spot grid trading will also be launched simultaneously. The recharge channel will be open at 21:00 (UTC+8) on June 27th, and the transaction channel will be open at 16:00 (UTC+8) on June 28th.
Maverick is a permissionless derivative protocol with an innovative liquidity guidance mechanism - "automatic liquidity provision vAMM", which can more effectively provide liquidity around market prices.
欧易 OKX 发布第 8 次储备金证明:22 个公示币种储备金率均超 100%
Translation:OKX, a player in the encryption industry, has officially released its 8th Proof of Reserve (PoR), with reserve rates for 22 listed currencies exceeding 100%, including BTC, ETH, and USDT, all of which have a reserve rate of 103%, with a total value of $11.3 billion.
It is reported that OKX is committed to improving the transparency of PoR to traditional financial audit standards, thus continuing to lead the industry in safety and transparency. OKX is one of the few mainstream encrypted trading platforms that publishes reserve proof on a monthly basis. The current POR system has been upgraded with innovative technologies such as zk-STARK, and users can independently verify OKX's solvency at any time.
ZK-RaaS Network Opside to integrate ZK Stack in August
Opside has announced that it will strongly support the promotion of zkEVM, including the latest ZK Stack from zkSync. Currently, Opside's testnet has integrated Polygon zkEVM (Hermez), allowing users to issue their own zkEVM chain on L1 public chains such as ETH, BSC, and Polygon with just one click.
According to the roadmap, Opside's testnet is expected to integrate zkSync's ZK Stack in August.
In the future, Scroll, Linea, and other zkEVM solutions will be provided. Opside's multi-chain ZK-PoW algorithm will provide massive computing power support for ZK-Rollups on various public chains.
Opside is a platform that provides ZK-RaaS (ZK-Rollup as a service) and supports users to easily deploy zkEVM. It also supports ZKP mining, including CPU, GPU, FPGA, and other machine types.
BlockFi creditors apply for liquidation of the company to end management's "extortion"
At the same time as the creditors submitted their applications, BlockFi submitted an updated plan under Chapter 11 of the Bankruptcy Code. A revised disclosure statement indicates that under the bankruptcy plan, holders of BlockFi interest accounts owed a total of approximately $1 billion are expected to recover between 39% and 100% of their assets, while if the assets are only liquidated, they can recover between 36% and 60%.
The League Pass NFT under the blockchain gaming platform Arc8 has been sold out.
According to an official announcement, the blockchain gaming platform Arc8's League Pass NFT, has been completely sold out. It is reported that the first season of Arc8 League will begin on July 11, 2023, and League Pass holders can participate in a 4-week NFT ticket event.Damus has not been removed from the Apple App Store and has released version 1.5 update
Damus is currently not removed from the Apple App Store and released version 1.5 update 12 hours ago, which includes a new end-to-end video player, integrated Nostr wallet connection, performance improvements, and bug fixes.
NFT market Magic Eden announces support for BRC-20 Token
Magic Eden, a multi-chain NFT marketplace, has announced its support for BRC-20 Tokens. In addition to trading BRC-20 Tokens on the secondary market, users can also mint them through its Launchpad.
Cryptocurrency trading platform KuCoin introduces mandatory KYC
According to The Block, KuCoin will introduce mandatory KYC procedures for all customers starting from July 15th. KuCoin CEO Johnny Lyu stated that this move is to "better comply with applicable regulatory requirements."
It is reported that users must complete KYC in order to fully access KuCoin's products and services. Otherwise, they will be restricted to using KuCoin's services and products for selling, closing positions, and withdrawals only.
Market data shows that Maverick Protocol (MAV) had a fully diluted valuation (FDV) of over $1 billion on its opening day.
Meanwhile, Maverick Protocol announced the official launch of its first season of ecosystem incentive plan. The rewards for the first season will mainly be used to incentivize Maverick's ecosystem development partners and liquidity providers, laying the foundation for building its next-generation DeFi ecosystem.
Themis Protocol confirmation protocol was attacked and compensation plan is being developed.
DeFi NFT lending protocol Themis Protocol confirmed that it has been attacked and will attempt to communicate with the hacker to retrieve funds or work with authorities to resolve the issue. A compensation plan is currently being developed.
According to PeckShield, Themis Protocol suffered a flash loan attack on the Arbitrum network, resulting in the attacker profiting approximately $370,000.The Sui Foundation officially stated that "locked" and "non-circulating" SUI staking rewards or any other tokens have not been sold on Binance or through other means. All token allocations are still subject to their lock-up period and other transfer restrictions. The Sui Foundation will soon release a detailed plan for the token release schedule.
In addition, the Sui Foundation responded to the three SUI transfer addresses tracked by DefiSquared, stating that the specific transaction referred to was a payment subject to contract lock-up period restrictions.
BlockBeats previously reported that @DefiSquared, a top 10 whale wallet trader on DeBank, claimed that the Sui Foundation did not disclose the true token emission volume, and SUI holders' holdings may be diluted by 20% per month.
According to the Wall Street Journal, FTX CEO John J. Ray III has stated that "he has begun soliciting interested parties to restart the FTX.com trading platform."
Insiders say that FTX has been in talks with investors to discuss the possible restart of the FTX.com trading platform through joint ventures and other structures. Negotiations include the possibility of providing compensation to some existing customers, possibly by offering them shares in the restructured entity. In addition, as part of the restart, FTX may consider renaming the platform.
Insiders also say that blockchain technology company Figure has expressed interest in helping to restart FTX.
According to DL News, as more and more Ethereum is staked to protect the network, the staking yield is decreasing. In the months following Ethereum's major upgrade in September last year, the staking yield fluctuated between 5% and 6%. Since then, the circulating Ethereum staked has jumped from 11% to nearly 20%. This month, its staking yield is hovering around 4.5% to 5%.
Some researchers predict that most of Ethereum will eventually be staked. Mike Silagadze, the founder of the staking protocol ether.fi, said that if this happens, the yield may drop to below 1%, which will force the protocol to find new ways to increase yield. James Butterfill, research director at CoinShares, said that by the end of this year, an estimated 25% of Ethereum will be staked, which is equivalent to a yield of around 3%. Darren Langley, CEO of Rocket Pool, said that Ethereum staking is considered one of the safest ways to earn rewards, even if the reward rate drops significantly.
CoinDesk: TrueUSD's reserve proof is audited by the former accounting team of FTX.US
According to CoinDesk, the reserve proof of the troubled stablecoin TrueUSD was audited by The Network Firm, a team that previously worked with Sam Bankman-Fried (SBF) to audit FTX.US. It is reported that Armanino's digital asset team was renamed The Network Firm to continue its auditing and certification work after the collapse of FTX.Coinbase executive: 88% of digital assets in Prime Trust are AUDIO
Coinbase executive Conor Grogan posted on social media that "According to Arkham data, Prime Trust wallet holds a total of $69.71 million in digital assets, with AUDIO Token accounting for 88% of its digital assets."
Bloomberg: FTX suspends sale of $500 million stake in AI company Anthropic
According to Bloomberg, FTX has stopped selling its shares worth about $500 million in AI startup Anthropic. Sources say that Perella Weinberg Partners, the investment bank advising FTX, has informed potential buyers this month about the suspension of sales.
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According to Spot On Chain monitoring, the whale address starting with 0x011d (presumably Amber Group) purchased 2 million BLUR at an average price of $0.36 (approximately $726,000) from OKX one hour ago.
Since March 6th, Amber Group has accumulated a total of 22.5 million BLUR from OKX and Coinbase at an average price of $0.497 (approximately $11.18 million).
When the price of BLUR began to decline, Amber Group preferred to increase its holdings of BLUR and did not sell any BLUR. The expected total loss is $3.16 million (investment return rate is -27.8%).
Maverick Protocol(MAV) rose to touch $0.8, with an opening increase of nearly 15 times.
The market data shows that Maverick Protocol (MAV) has surged to 0.8 US dollars in a short period of time, with an opening increase of nearly 15 times, and is now priced at 0.76 US dollars.
Curve TUSD pool TUSD proportion skewed to over 70%, TUSD temporarily around $0.9973
According to official data from Curve, the current TUSD proportion in the pool has reached 71.57% (5,444,618 coins), with TUSD currently trading around $0.9973. However, it is worth noting that TUSD has been slightly off-peg for a long time and is not currently experiencing significant fluctuations.
BlockBeats previously reported that Prime Trust, the fiat partner of TrueUSD, received a regulatory order from Nevada on June 21 to stop all fiat and cryptocurrency deposits and withdrawals. Conor Grogan, a Coinbase executive, stated on social media today that "according to Arkham data, Prime Trust's wallet holds a total of $69.71 million in digital assets, with AUDIO Token accounting for 88% of its digital assets." At the same time, approximately $30 million TUSD left Binance LaunchPool in the past 24 hours, which may be a potential reason for the decline.
TrueUSD: TUSD trading volume exceeded 68 billion US dollars in the past 30 days
TrueUSD posted on social media, stating: "According to CoinMarketCap data, TUSD's trading volume in the past 30 days has exceeded 68 billion US dollars, reaching 68,645,984,755 US dollars."
COMP (Compound) broke through $42 in a short time, with a 24-hour increase of 16.81%.
According to OKX market data, the DeFi lending protocol Compound Token COMP has surged to $42 in a short period of time, and is currently priced at $41.83, with a 24-hour increase of 16.81%.According to DL News, the 2x Bitcoin Strategy ETF launched by Volatility Shares had a first-day trading volume of $5.5 million. The fund aims to provide daily performance that is twice the daily rolling index of the CME Bitcoin futures. Despite the existence of various Bitcoin futures products in the United States, this is the first leveraged product approved by the U.S. Securities and Exchange Commission.
BlockBeats previously reported that in the past week, companies including WisdomTree, Invesco, and BlackRock have all submitted applications for Bitcoin spot ETFs. According to insiders, financial services giant Fidelity is also preparing to submit an application for a Bitcoin spot ETF.
DWF Labs invests $18 million again in public chain project Conflux.
According to Chainwire, Web3 venture capital firm DWF Labs announced that it has recently purchased $18 million worth of CFX Tokens from the public chain project Conflux, consolidating the long-term partnership between the investment company and Conflux. So far, DWF Labs has invested a total of $28 million in Conflux.Bitpanda Pro 分拆为新实体 One Trading,并完成 3000 万欧元 A 轮融资
Translation:Bitpanda Pro splits into new entity One Trading and completes €30 million Series A financing
According to The Block, Bitpanda Pro, the subsidiary of Austrian cryptocurrency trading platform Bitpanda targeting institutional and professional traders, has been spun off into an independent company named One Trading. The company has also completed a €30 million Series A funding round, led by Peter Thiel's Valar Ventures, with participation from MiddleGame Ventures, Speedinvest, Keyrock, and Wintermute Ventures.
Additionally, Bitpanda will also retain a portion of the company's shares.
Founded in 2014 and headquartered in Vienna, Bitpanda primarily focused on retail business before launching its Pro product in 2019. One Trading plans to operate as a MiFID trading venue and holds a VASP license, which will enable it to offer "capital-efficient spot and derivative products" to a wide range of clients.
区块链物流初创公司 RENATUS ROBOTICS 完成 200 万美元种子轮融资,Dawn Capital 等参投
Translation:According to PR Newswire, blockchain logistics startup RENATUS ROBOTICS announced the completion of a $2 million seed round of financing, with participation from Dawn Capital and e-LogiT, an e-commerce logistics company.
RENATUS ROBOTICS is a logistics, robotics, and blockchain company that is developing logistics automation systems such as the RENATUS automated robot warehousing system. The first commercial RENATUS system has begun installation and is expected to start operating in the second quarter of 2024. The company plans to seek an additional $2 million in funding in the subsequent Pre-A round.
Web3 Document Management SaaS Provider ShelterZoom Completes $5 Million Financing
According to Finsmes, ShelterZoom, a Web3 document management software as a service (SaaS) provider, has completed a $5 million funding round with undisclosed investors. The company claims to have raised over $17.5 million in total funding to date, and the new funds will be used to expand into new markets and strengthen its Document GPS solution. It will also establish a team dedicated to developing and implementing two healthcare-specific solutions, as well as expanding its marketing efforts to drive growth.
ShelterZoom supports tokenization of document content to protect ownership of original records, allowing businesses to track or revoke access to all sensitive data. Its Android app is currently available on Google Play.
The California Department of Financial Protection and Innovation (DFPI) has ordered the cryptocurrency trading platform CryptoFX to cease operations, stating that it violated California securities laws and accusing CryptoFX of offering and selling unqualified securities, making material false statements to investors, and issuing omissions of information.
The European Commission has released a digital euro bill to ensure privacy control and offline use.
According to CoinDesk, the European Commission announced on Wednesday a legislative plan to support the digital euro, stating that this will ensure that European citizens can make digital payments throughout the eurozone for free.
The law does not make the digital euro a reality, as it is up to the European Central Bank to decide whether to issue a CBDC. Officials believe that this state-supported digital currency provides functions that private payment methods do not always have - allowing payments between friends and having higher data protection standards.
The new legislative proposal aims to ensure that the digital euro can be used offline and provides a level of privacy equivalent to cash. It prohibits the "programming" of CBDC to limit the goods that can be purchased with it, although officials say it can still be used to support conditional payments, such as monthly payments for water and electricity bills, or more complex smart contracts.
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