Web3 Daily | Aave community proposes "Native Stablecoin GHO Launches on Mainnet"; Memeland to airdrop for ecosystem project holders.
Top News:
1. Paradigm: The SEC's allegations against Bittrex exceed its jurisdiction and the court should dismiss the case;
2. PardShield: The leveraged yield protocol in the Arbitrum ecosystem, Rodeo Finance, may have been attacked.
3. Aave community initiates the official governance proposal for the launch of the native stablecoin GHO on the mainnet;
4. BAYC will collaborate with SaaSy Labs to launch the intellectual property tool "Made by Apes".
5. Memeland discloses the MEME token sales rules and will airdrop them to ecological project holders.
Project Updates
The encryption venture capital firm Paradigm has submitted a non-party opinion statement (amicus brief) to the US Securities and Exchange Commission (SEC) in the case of the bankrupt cryptocurrency trading platform Bittrex, stating that the SEC's charges against Bittrex exceed its statutory jurisdiction and that the case should be dismissed because it does not involve "investment contracts" and therefore does not fall within the SEC's jurisdiction over securities trading, and the SEC does not have the authority to regulate secondary market trading of cryptocurrencies.
BAYC will collaborate with SaaSy Labs to launch an intellectual property tool "Made by Apes".
Bored Ape Yacht Club will collaborate with SaaSy Labs later this month to launch an IP tool called "Made by Apes". Greg Solano, co-founder of Yuga Labs, said, "Although people in the club have been building with their IP, there hasn't been a simple on-chain way to verify these items, nor an official directory to verify everything being created by Bored Apes and Mutant Apes."
It is reported that SaaSy Labs unleashes the potential of smart contracts through blockchain-based legal agreement solutions, promoting the signing, management, and downstream financial mechanisms of legal agreements. The collaboration use cases listed on its official website include on-chain automated licensing agreements, display of intellectual property rights, and more.Aave DAO will convert its holdings of aBAL, aEthBAL, BAL, and 326.88 wETH to B-80BAL-20WETH
Aave DAO has approved the conversion of its 326.88 wETH held on the Ethereum mainnet and all BAL, aBAL, and aEthBAL held in the Collector contract to B-80BAL-20WETH. The conversion of B-80BAL-20WETH to veBAL will be proposed separately.欧易 OKX 提出的比特币生态标准 BRC20-S 正式开放部署，并即将开放质押
Translation:According to official sources, the Bitcoin ecosystem standard BRC20-S proposed by Ouke OKX has now been officially deployed and all current projects can go to Ouke OKX to deploy the BRC20-S staking pool, providing ecological rewards for BRC-20 asset holders. In addition, the BRC-20 asset staking function will be opened soon, and the first phase will support all BRC-20 assets except BTC.
According to Ouke OKX, BRC20-S is an open standard and Ouke OKX will not review the deployed pools. Users can choose the pool to stake by themselves. The BRC20-S standard aims to introduce a staking mechanism for the Bitcoin ecosystem, allowing users to earn profits through staking without selling BRC-20 assets, and also allowing project parties to distribute BRC20-S assets to Bitcoin or BRC-20 asset holders, thereby promoting the development of the Bitcoin ecosystem.
Binance will delist API3/BUSD, BLZ/BUSD, GHST/BUSD and other spot trading pairs
According to official sources, Binance will delist and cease trading for the API3/BUSD, BLZ/BUSD, GHST/BUSD, NEXO/BUSD, STPT/BUSD, and WIN/BUSD spot trading pairs at 11:00 AM on July 13th, Beijing time. Trading bot services (if applicable) for the aforementioned spot trading pairs will also be terminated simultaneously. Users are advised to update and/or cancel their trading bots before the cessation of trading bot services to avoid any potential losses.欧易 OKX 现已支持 StarkNet 网络 ETH 充提服务
Translation:OKX now supports ETH deposit and withdrawal services on the StarkNet network
According to official sources, in order to meet the various needs of user transactions, Ouke OKX now supports ETH deposit and withdrawal services on the StarkNet network. The ETH_Starknet deposit service will be available from 4:00 pm (HKT) on July 11th, and the withdrawal service will be available from 4:00 pm (HKT) on July 12th. It is reported that StarkNet is an Ethereum Layer2 scaling solution based on ZK-Rollup technology, which enables dApps to share Ethereum's composability and security, and achieve large-scale scaling.派盾：Arbitrum 生态杠杆收益协议 Rodeo Finance 或已遭到攻击
Translation:Pudun: Arbitrum ecological leverage income protocol Rodeo Finance may have been attacked
PeckShieldAlert, a participant in the encryption industry, posted on social media that the Arbitrum ecosystem's leveraged yield protocol, Rodeo Finance, may have been attacked.
Aave community initiates formal governance proposal for native stablecoin GHO to go live on mainnetAave has initiated a formal governance proposal (AIP) to launch its decentralized stablecoin GHO on the mainnet. The proposal aims to introduce GHO to the Ethereum mainnet through Aave V3 Facilitator and FlashMinter Facilitator. The AIP will open for voting in approximately 20 hours. If the vote passes, Aave V3 users on Ethereum will be able to mint GHO using collateral. As previously reported by BlockBeats, Facilitator is a concept introduced by GHO, where Facilitators (such as protocols, entities, etc.) can generate a specific range of GHO and also perform destruction. Aave V3 Ethereum Facilitator allows users to deposit collateral to borrow GHO, with the collateral stored in the V3 Ethereum mainnet pool. FlashMinter Facilitator allows users to FlashMint (similar to flash loans) GHO and repay in a single transaction, rather than borrowing assets from the pool.
Chainlink has supported the partial tokenization of RWA feed prices in Backed Finance.
According to official sources, the basic assets of Backed Finance's tokenized real-world asset project, including bIB01, bIBTA, and bCSPX bTokens, are now supported by Chainlink's oracle price feed. This includes tokenized real-world assets (RWA) such as the 0-1 year US Treasury bond investment ETF IBO1, the 1-3 year US Treasury fixed income ETF IBTA, and the ETF CSPX that tracks the S&P 500 index. Backed Finance plans to integrate Chainlink's reserve proof to increase transparency for Backed products and help provide publicly accessible real-time collateral information for Backed products.Cross-chain bridge Owlto Finance announces support for Linea testnetAccording to official sources, Owlto Finance, a cross-chain bridge focused on Layer2, has announced its support for the Linea testnet. Users can use Owlto Finance to perform cross-chain transactions between the Linea testnet, the Grli testnet, and other Layer2 testnets.
先锋领航集团增持比特币矿企公司股票至约 5.6 亿美元According to Decrypt, Vanguard Group, the world's second-largest fund management company, has submitted documents to the US Securities and Exchange Commission (SEC) showing that its current holdings of Bitcoin mining company stocks have increased to approximately $560 million. This includes a 60% increase in holdings of Marathon Digital stock (MARA), from 10.9 million shares to 17.5 million shares (approximately $280.5 million), and an 18% increase in holdings of Riot Blockchain stock, from 15.2 million shares to 17.9 million shares (approximately $281 million).
Memeland discloses the details of MEME token sale and will airdrop to holders of ecological projects
Memeland has disclosed the sales rules for the MEME token, which will allocate token purchase whitelist quotas to Captainz holders. Each whitelist can purchase up to 0.69 ETH worth of tokens, and rare Captainz can receive more quotas.
Memeland stated that all NFT series in the Memeland ecosystem (including MVP, Captainz, and Potatoz) are eligible for airdrops.
According to web3isgreat, the recommended link of the encryption intelligent analysis platform Arkham is just a Base64-encoded email address, which means that users who share the recommended link may inadvertently leak their personal email address.
Arkham CEO Miguel Morel responded on social media, stating that "the system was created at the beginning of the beta test to be able to track user recommendations via email and reward users. Besides communicating and tracking recommendations with users, we will not use them for any other purpose. All future recommended links will include an encrypted version of the referrer's email, making it impossible to reverse engineer. This change has already taken effect."
Starknet community has voted to approve the proposal "Deploy Alpha v0.12.0 version to the mainnet".
Ethereum Layer2 scaling solution Starknet has passed the proposal "Deploying Alpha v0.12.0 to the mainnet" with a support rate of 97.91% in the community.
As previously reported by BlockBeats, Starknet has launched Starknet Alpha v0.12.0 on the testnet. The new version will make significant improvements to the sequencer, including sequencer performance, cancellation of Pending status, and block hash system calls.
According to The Block, Laser Digital, a subsidiary of Nomura Securities specializing in digital assets, has appointed industry veteran Florent Jouanneau as a new partner for its venture capital business. Despite the low level of financing in the industry as a whole, Laser Digital plans to invest in 10 early-stage web3 startups this year.
It is reported that Jouanneau previously worked for White Star Capital, a venture capital firm that invests in web3 and DeFi startups. He previously served as a structured credit and ABS trader at Bank of America, and held sales and trading positions at Natixis, a subsidiary of BPCE Group, and Credit Suisse.
Viewpoint
William Williams of the Federal Reserve: Monetary policy needs to continue to tighten
The Federal Reserve's Williams said that the labor market in the United States is still very strong and employment growth is also very good. Other indicators such as labor participation rates are also very high. Therefore, there are no signs of any economic recession.
Monetary policy needs to continue to tighten to achieve a balance between labor supply and demand and stable inflation. Decisions will be based on the overall performance of various data and other indicators. The current monetary policy framework is effective in dealing with inflation and economic fluctuations, and the Federal Reserve does not hinder taking strong action. In future framework evaluations, I will consider the performance of the economy and inflation, as well as the lessons related to the framework. (Jinshi)
BlockBeats Note: Tightening monetary policy usually includes raising interest rates, reducing asset purchase plans (such as reducing bond purchases), or strengthening the use of other monetary tools to control the risks of inflation and economic overheating. By tightening monetary policy, the Federal Reserve aims to balance economic growth and inflation risks to maintain sustainable and stable economic development.
Former SEC Chairman: Approval of Bitcoin Spot ETF "Difficult to Resist"
According to Crypto Globe, former chairman of the US Securities and Exchange Commission (SEC), Jay Clayton, stated in an interview that "when the SEC approves a bitcoin futures ETF, it believes that the protection of the final investors in the market is sufficient, but at that time, this protection was not seen in the spot market, so a distinction was made. I think that institutions that have applied for a bitcoin spot ETF now believe that these distinctions have disappeared, and now spot products have less resistance and higher efficiency for investors. It is difficult to resist the approval of a bitcoin spot ETF."
"Rich Dad Poor Dad" author: Bitcoin price will reach $120,000 next year
The best-selling book "Rich Dad Poor Dad" author Robert Kiyosaki posted on social media, stating that if the BRICS countries announce the launch of a gold-backed trading currency next month, it may change the current valuation of the US dollar. Considering the upcoming depreciation of the US dollar, Kiyosaki suggests that followers buy gold and silver to hedge against the upcoming inflation that will soar in the next few months. In addition, Kiyosaki predicts that the price of Bitcoin will reach $120,000 next year.
Insider: Temporary shortage of BCH balance on Binance.US BCH network
According to im_uname, Binance.US stated on July 7th that "the BCH balance on the BCH network is temporarily insufficient, and the team is currently working to rebalance all supported network assets for future withdrawals. Once the rebalancing is complete, withdrawals for this asset will be restored quickly. Please withdraw BCH from the BTC or BSC network."数据
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NFT project Fatzuki surged over 55% in 24 hours, currently trading at 0.07ETHAccording to the market data from Blur, the floor price of NFT project Fatzuki has increased by 56.50% in the past 24 hours, and the current reported price is 0.07ETH at the time of writing.
某地址通过 PEPE 获利 1408 ETH，利润率超 30 倍
Translation:An address earned 1408 ETH through PEPE, with a profit margin of over 30 times
According to Lookonchain's monitoring, an anonymous address spent 46 ETH through 3 addresses to purchase 1.66 trillion PEPE from April 17th to April 19th, and then sold them all at a price of 1,454 ETH.
The address recently spent 400,000 USDT to buy 263 billion PEPE at an average price of 0.000001519 USD per token.
According to Lookonchain monitoring, a whale deposited 141,835 BNB (approximately $35 million) into 4 Binance deposit addresses, suspected to participate in the Arkham (ARKM) token sale. Due to the purchase limit of 300,000 ARKM, the whale deposited BNB into 4 Binance accounts in order to buy more ARKM.
BlockBeats previously reported that on July 10th, Binance will launch the 32nd Launchpad project, Arkham (ARKM), and open a BNB session. This sale will be based on the investment model, and Binance will determine the user's investment quota based on the user's average daily BNB holdings for 6 days. The BNB holding snapshot period is from 8:00 am on July 11, 2023 to 8:00 am on July 17, 2023 (GMT+8).
Lookonchain: Justin Sun retrieves 30,000 ETH worth approximately $56 million from Lido
According to Lookonchain's monitoring, Justin Sun's two related addresses retrieved 30,000 ETH (approximately $56 million) from Lido.
In addition, Justin Sun still has 263,294 ETH (approximately $491.6 million) staked.
From February 25th to February 27th, Justin Sun staked 288,100 ETH (approximately $538 million). Currently, a total of 5,194 ETH (approximately $9 million) in staking rewards have been obtained, with an average of 38 ETH (approximately $72,000) per day and an APY of approximately 4.87%.
额外 1.03 亿美元资产已从 MultiChain 转移至新地址，或为内部操作 The additional $103 million assets have been transferred from MultiChain to a new address, possibly for internal operations.
According to Beosin Alert monitoring, additional assets worth approximately $103 million have been transferred from MultiChain to a new address 0x1eed63efba5f81d95bfe37d82c8e736b974f477b. The transfer involves Fantom, Arbitrum, Optimism, Cronos, Polygon, Avalanche, BNB Chain, Moonbeam, and Ethereum network.
The transferred assets include: USDC: $23,999,250; fUSDT: $29,657,932; WBTC: $2,139,053; WETH: $17,168,126; ETH: $10,102,001; DAI: $2,994,317, totaling approximately $103,277,346.
Based on previous analysis, the following are speculations on the transfer behavior:
- Large amounts of assets were transferred through privileged means;
- The assets come from multiple chains and involve a large number of private keys;
- There is a long time interval between transfers.
This indicates that the attacker may have already taken control of all these assets and is not in a hurry to transfer them. Based on these circumstances, Beosin speculates that this may be an internal operation.
PeckShieldAlert, a participant in the encryption industry, posted on social media that Rodeo Finance, a leveraged yield protocol in the Arbitrum ecosystem, was stolen about 810.1 ETH (approximately $1.53 million). The attacker has transferred the funds to the Ethereum mainnet and pledged 285 ETH to Ankr: ETH2 Staking, while transferring 150 ETH to Tornado Cash.
Bitcoin briefly broke through $31,000 this morning
According to OKX market data, Bitcoin briefly broke through $31,000 this morning and is currently priced at $30,373.73, with a 24-hour increase of 0.72%.Data: a16z transferred 6432 MKR to Coinbase, worth about $5.9 million
According to on-chain data analyst Yu Jin, a16z has transferred 6,432 MKR (about $5.9 million) to Coinbase.
Yu Jin stated that the a16z address received 60,000 MKR in 2019 (presumably for investment allocation), and then sold 27,840 MKR at an average price of about $2,750 through Genesis Trading OTC and Coinbase during 2021.
Affected by the attack, RDO fell more than 63% in a short period of time
According to CoinGecko data, Rodeo Finance (RDO) has dropped more than 63% in the short term due to the impact of the attack event, and is now priced at $0.1198. As previously reported by BlockBeats, Rodeo Finance, a leveraged yield protocol in the Arbitrum ecosystem, was hacked for about 810.1 ETH (approximately $1.53 million), and the attacker has transferred the funds to the Ethereum mainnet, depositing 285 ETH into Ankr: ETH2 Staking for staking and transferring 150 ETH to Tornado Cash.K33 Research: Q1 Web3 venture capital investment decreased by 80% YoY
According to data from K33 Research, Web3 venture capital in the first quarter of 2023 saw a significant decrease, with an 80% year-on-year decline. Additionally, The Block Pro data shows that Web3 venture capital in the first quarter of 2022 was $13.5 billion, while in the first quarter of this year it was only $2.8 billion, a 79% year-on-year decline.Funding
去中心化数字身份初创公司 Neoke 完成 130 万欧元融资，Dreamcraft Ventures 等参投
Translation: According to EU Startups, Neoke, a decentralized digital identity startup focused on the travel market, has completed a new round of funding of 1.3 million euros. Dreamcraft Ventures, ff Venture Capital, Vision Hub, and Plug & Play participated in the funding, which will be used to develop decentralized digital identity and biometric solutions for travel. The NeoKe platform uses blockchain and cloud technology to store and share verified user identity information, allowing travelers to fully understand and control their data. By creating independent traveler profiles, the platform simplifies processes such as registration, guest verification, access control, and data management for travel services.Network hardware infrastructure GEODNET completes $1.5 million financing, with participation from IoTeX and othersAccording to Businesswire, decentralized network hardware infrastructure company GEODNET has completed a $1.5 million financing round, with participation from Borderless Capital's Web3 investment fund EdgeFi Fund, IoTeX, and a group of angel investors. The new funds will be used to expand reliable global coverage and develop a mobile operating system software development kit to support precise and trustworthy decentralized location services. GEODNET is building a blockchain-based distributed high-precision multi-frequency GNSS base station network and providing GEOD tokens incentives based on the Polygon network to provide reliable solutions for real-time movement applications.
Regulation
美参议员呼吁 SEC 与司法部调查经纪商 Prometheum
Translation:US Senator calls on SEC and DOJ to investigate broker Prometheum
According to CoinDesk, US Senator Tommy Tuberville has sent an open letter to US Attorney General Merrick Garland and Securities and Exchange Commission (SEC) Chairman Gary Gensler, requesting an investigation into the special purpose broker-dealer Prometheum, which recently obtained federal approval to provide cryptocurrency trading services. The letter alleges that Prometheum "may have provided false testimony to Congress or violated US securities laws."Welcome to join the official community of BlockBeats by LuDong
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Welcome to join the official BlockBeats community:
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