Web3 Daily | Starknet v0.12.0 has been deployed to the mainnet; Lens will release V2 version during EthCC conference.
Top News:
1. Starknet v0.12.0 has been deployed to the mainnet;
2. The digital RMB App has launched the SIM card hardware wallet function, which supports offline payment without network or power shutdown on mobile phones.
3. Cathie Wood's Ark fund sold Coinbase stock for the first time in nearly a year;
4. Grayscale sent a letter to the Federal Appeals Court protesting the SEC's differential treatment of Bitcoin ETF products.
5. Tether issued an additional 1 billion USDT on the Tron network;
Project Updates
Starknet v0.12.0 has been deployed to the mainnet
Ethereum Layer2 scaling solution Starknet has officially announced that version v0.12.0 has been deployed to the mainnet, which focuses on improving network throughput to enhance scalability and transaction latency. Version v0.12.0 includes significant improvements to the sequencer, including sequencer performance, cancellation of Pending status, and block hash system calls. [Original Link]
Former Alibaba executive Zhang Dayong joins HashKey Group as CCO
According to DeThings, Zhang Dayong, the head of payment business at Lazada, a Southeast Asian e-commerce giant under Alibaba, has joined Hong Kong licensed crypto firm HashKey Group as its Chief Commercial Officer (CCO).
It is reported that Zhang has rich experience in the field of internet payment. Prior to joining Lazada, a subsidiary of Alibaba, he worked at Ant Group and served as a senior executive of Alipay in Southeast Asia. Zhang joined Alipay in 2008 and was responsible for its operations in Southeast Asia. In September 2021, Lazada, a Southeast Asian e-commerce giant, established a new position for Zhang to lead the group's payment business in Southeast Asia. [Original Link]
According to official sources, the ORC20 protocol indexer has announced that it has been fully open sourced and has become the token protocol in Ordinals, other than BRC20, that provides complete indexing and open source code. [Original Link]
LBRY, a blockchain-based file sharing network, has announced that "based on court orders and its own commitments, LBRY Inc. is expected to be liquidated in the coming months. Currently, there are 30 million pieces of content and 1.7 million on-chain identities on the LBRY network."
BlockBeats previously reported that on May 15th, the US Securities and Exchange Commission (SEC) sought to modify its $22 million penalty against LBRY, a blockchain-based file sharing network, and requested that the court impose a civil fine of $111,614. The SEC believes that LBRY has ceased operations and does not have the funds to pay a higher fine, thus reducing the amount of the penalty. [Original Link]
Aave has opened the proposal voting for launching decentralized stablecoin GHO on the mainnet.
Aave has opened the official governance proposal (AIP) vote for "launching its decentralized stablecoin GHO on the mainnet", which aims to introduce GHO to the Ethereum mainnet through Aave V3 Facilitator and FlashMinter Facilitator. If the vote is passed, Aave V3 users on Ethereum will be able to use collateral to mint GHO.
BlockBeats previously reported that Facilitator is a concept introduced by GHO. Facilitators (such as protocols, entities, etc.) can generate a specific range of GHO and can also be destroyed. 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 loan function) GHO and repay it in a single transaction, instead of borrowing assets from the pool. [Original Link]
Some Android phone users have discovered that the Digital RMB App has launched a SIM card hardware wallet function. On July 11th, China Mobile, in conjunction with ICBC, China Telecom, China Unicom, and China Bank, announced the launch of the SIM card hardware wallet product on the Digital RMB App.
This new feature greatly expands the usage scope of digital RMB's non-contact payment function. Digital RMB users can plug in the operator-issued Super SIM card on their mobile phones, log in to the digital RMB APP, activate the SIM card hardware wallet, and use the phone's NFC function to complete digital RMB payments with a simple "touch".
Currently, only Android phones with NFC function support the use of SIM card hardware wallets. Users can consult China Mobile, China Telecom, and China Unicom, the three major operators, to replace or obtain the Super SIM card. (China News Network) [Original article link]
Cathie Wood's Ark Fund sells Coinbase stock for the first time in nearly a year
According to Bloomberg, Cathie Wood's Ark Investment fund has sold 135,152 shares of Coinbase stock on July 11, marking the first time in nearly a year that the fund has reduced its holdings in the company since July 26, 2022.
Ark is the fourth-largest holder of Coinbase, and the stock rose 9.8% after the Chicago options exchange filed documents that increased optimism about the US approving a Bitcoin ETF.
[Original article]Ribbon Finance plans to merge with Aevo and rename itself as Aevo
The on-chain structured product Ribbon Finance has announced a new governance proposal, planning to merge Ribbon Finance into its derivative trading platform Aevo and designate Aevo as the only brand name.
In addition, Ribbon Finance plans to abolish its original token RBN and launch a new token AEVO. In the future, Ribbon's products will be combined into Aevo's structured product suite, and the original RBN and veRBN tokens will be exchanged for AEVO at a ratio of 1:1. [Original Link]
Tether issued an additional 1 billion USDT on the Tron network.
According to data from Whale Alert, stablecoin issuer Tether issued 1 billion USDT on the Tron network at 15:24:51 Beijing time today.
Tether's Chief Technology Officer, Paolo Ardoino, added that this was an authorized but unissued transaction on the Tron network, meaning that this issuance will be used for the next issuance request and on-chain interaction. [Original article link]
慢雾：Platypus encountered another attack, with arbitrageurs gaining about $50,000 in profit
SlowMist, a participant in the encryption industry, posted on social media that Platypus, a stablecoin trading project on the Avalanche chain, has been attacked again. Due to the lack of consideration of the price difference between the two pools when exchanging tokens through CoverageAratio, users can deposit USDC and withdraw more USDT for arbitrage. In this way, arbitrageurs have arbitrated about 50,000 USDC. [Original Link]
Regarding the account freezing issue reported by multiple users of Hong Kong virtual bank Mox Bank, Mox Bank responded that the freezing of some encrypted transaction accounts is not related to system updates, and stated that Mox Bank has always attached great importance to the safety and security of all customers using its services, as well as protecting customer rights. Therefore, in accordance with existing regulations, the bank has checked the accounts of individual customers as one of the measures to protect customer rights.
Mox Bank has notified affected customers that their accounts have been temporarily suspended and will be able to resume using their accounts after completing the inspection.
Previously, according to the Hong Kong Economic Daily, several users of Hong Kong virtual bank Mox Bank reported that their bank accounts were frozen several times in a short period of time. Some users analyzed that this may be related to the recent system update of Mox Bank, and its system is more sensitive to some transactions and customers, especially accounts that buy and sell cryptocurrencies. Mox Bank did not provide a detailed explanation, only stating that it was based on security considerations. In response, the Hong Kong Monetary Authority stated that it was aware of the incident and requested that Mox Bank make appropriate follow-up to ensure that customer concerns are properly addressed. [Original Link]
Ethscriptions, the Ethereum NFT protocol, launches ESIP-1 to provide NFT transfer functionality
The Ether Mingle Protocol Ethscriptions has been launched on block height 17672762 ESIP-1, adding a new smart contract event to the Ethscriptions protocol that provides Ether Mingle transfer functionality. [Original Link]
DEX aggregator CoW Swap will launch CoW Hooks
DEX aggregator CoW Swap announced the launch of CoW Hooks, which allows users to perform custom DeFi operations before and after trading. CoW Hooks can be used to link complex operations such as trading, bridging, staking, and depositing.
The entire operation sequence executed using CoW Hooks will be executed as a single transaction, and gas fees will only be required if the transaction is successful. [Original article link]
FTX: The restart time of the customer claims portal will be determined by the debtor.
FTX official article reminds that all official public communications from FTX debtors come from official company channels. "claims.ftx.com" is the only customer claims portal website, and the website restart time will be determined by the debtor. Please be aware of phishing links attacks from other channels.
The deadline for customers to file claims has been set for 4:00 p.m. Eastern Time on September 29, 2023. Claims must be submitted before the deadline.
Earlier today, the FTX claims portal website was briefly online and is currently unavailable. [Original link]
Royal Angel Foundation (RAF) announced the expansion of its business to the Asia-Pacific market.
According to official sources, the Royal Angel Foundation (RAF) recently announced that it will expand its business to the Asia-Pacific market. This strategic decision marks the opening of RAF's business in the Asia-Pacific region after operating in the Americas, Europe, and the Middle East.
RAF is a licensed fund management institution that provides customers with ETH spot as a fund bottoming model. In the future, RAF will actively expand its partnership network and cooperate with industry leaders to achieve mutual benefits. With the continuous advancement of technology and the integration of global financial markets, RAF will use intelligent and digital means to provide more efficient, transparent, and secure investment services. [Original Link]
Lens Protocol will release version 2 during the EthCC conference
Web3 social protocol Lens Protocol founder Stani Kulechov announced that Lens Protocol will release version 2 during the Paris EthCC (Ethereum Community Conference). [Original Link]
电子商务巨头 eBay 收购数字 ID 认证公司 Certilogo Translation:
E-commerce giant eBay acquires digital ID authentication company Certilogo
The e-commerce giant eBay announced that it has completed the acquisition of Certilogo, a digital ID authentication company. The financial terms of the deal were not disclosed, and the Certilogo team will join eBay. Through this acquisition, eBay will reduce counterfeit products through anti-counterfeiting digital products.
Certilogo is a company that provides AI-driven digital ID and identity verification for clothing and fashion products. Certilogo uses digital technologies such as NFT and blockchain to help brands digitize physical clothing products. [Original Link]
灰度与对冲基金 Fir Tree 达成和解，将制作并提供 GBTC 信托相关文档
Translation:According to Bloomberg, Grayscale Investments has reached an agreement with hedge fund Fir Tree Capital Management to settle the GBTC trust-related lawsuit filed against it by the hedge fund last year. Under the agreement, Grayscale will produce documents related to the trust. Fir Tree hopes to use this information to push Grayscale to eliminate the trust's negative premium by reducing fees and restoring redemptions.
BlockBeats previously reported that hedge fund Fir Tree Capital Management sued cryptocurrency investment company Grayscale Investments in December last year, demanding detailed information about GBTC to investigate potential mismanagement and conflicts of interest. [Original Link]
Privacy Protection Agreement: Manta Network announced the launch of the EVM native modular execution layer, Manta Pacific. Manta Pacific uses the Celestia data availability layer to provide security, reduce gas fees, and achieve scalability through the improved OP Stack of Caldera.
Victor Ji, co-founder of Manta Network, stated that the Layer 1 of Manta Network has been renamed Manta Atlantic, and the future Manta ecosystem will consist of two parts: Manta Atlantic and Manta Pacific. [Original Link]
RedStone and Avalanche Evergreen reach cooperation to provide data source for dApps on the testnet
DeFi oracle RedStone announced a partnership with Avalanche Evergreen to provide data sources for dApps on the Spruce testnet of Avalanche Evergreen subnets, supporting interactions between traditional financial institutions and OnFi (on-chain finance). [Original Link]
Bitcoin mining difficulty increased by 6.45% to 53.91T, reaching a new historical high.
According to BTC.com data, the difficulty of Bitcoin mining has been adjusted at block height 798336, with a 6.45% increase to 53.91 T, reaching a new historical high. The current average network hash rate is 385.87 EH/s. [Original article link]
According to Coindesk, Celsius is suing StakeHound, a mobile staking platform, for failing to return $150 million worth of ETH, MATIC, DOT, and other tokens.
Court documents show that Celsius entrusted StakeHound with a total of 60,000 ETH, 40 million MATIC, and 66,000 DOT for staking in 2021. [Original article link]
UniSat Wallet will launch its NFT market today.
According to the official announcement, UniSat Wallet will launch its NFT market today and is currently undergoing production testing. It is reported that the NFT market supports over 1500 NFT series, and the UniSat series NFT will also be launched. [Original Link]
According to Bloomberg, the cryptocurrency lending platform BlockFi has reached a settlement with co-founders Zac Prince and Flori Marquez and other management members over potential legal claims. The management team has agreed to assist the company's lawyers in taking action against FTX and Three Arrows Capital, and will serve as key witnesses in lawsuits involving FTX and Three Arrows, potentially recovering $1 billion in assets for creditors.
In addition, co-founders Zac Prince and Flori Marquez and other management members have also agreed to waive or reduce their personal digital asset recoveries on the BlockFi platform and donate $2.2 million in cash to the company. The settlement agreement is currently subject to court approval. [Original article link]
NFT project Ether will airdrop to holders at a 1:1 ratio
It is reported that the airdrop has completed the snapshot shooting. Any Ether Capsule purchased after this announcement will not receive the airdrop. The airdrop includes whitelist creators, secondary market participants, and public sale creators, and will be sent at 7:30 am Pacific Standard Time on July 12.
Ether stated that the remaining supply will be auctioned off at 10:00 am Pacific Standard Time on July 12, and the royalty will be increased from 5% to 7.5% to offset the impact of significant changes in funding. [Original Link]
Viewpoint
欧易 OKX 全球首席商务官 Lennix：BRC20-S 质押比合约质押更安全
Translation:欧易 OKX 全球首席商务官 Lennix 转发「比特币生态标准 BRC20-S 正式开放部署」相关内容推文并表示，BRC20-S 是通过铸造铭文的方式进行锁仓质押，锁仓的资产还在用户自己的钱包里，相对使用合约质押资产的方式更安全。
据悉，BRC20-S 标准旨在为比特币生态引入质押机制，可让用户在不出售 BRC-20 资产的前提下通过质押赚取收益，同时也可让项目方将 BRC20-S 资产分发给比特币或 BRC-20 资产持有者，从而助力比特币生态发展。[原文链接]
Bitget CEO Gracy Chen: RWA will provide new revenue streams for DeFi protocols
In addition, Gracy said: "RWA (Real World Asset) is a high-growth track with a long cycle. Its internal logic is the implicit demand of encrypted users for the continuous decline of DeFi yield on the chain, and the external logic is the increasing layout of traditional financial institutions. As the product supporting gradually matures, the development of the RWA track will be promoted. Under the exploration of leading projects such as MakerDAO, the business structure has gradually formed a clearer path." [Original Link]
According to Reuters, a survey by PwC and the Alternative Investment Management Association (AIMA) shows that the proportion of traditional hedge funds investing in crypto assets has dropped from 37% in 2022 to 29% this year. The report also added that a quarter of hedge funds currently invested in this area said that the uncertainty of US regulation of the crypto industry could lead them to reconsider this asset class.
The report stated that among the 59 hedge funds surveyed, more than 70% of investment decisions were influenced by last year's market events (such as the collapse of mainstream crypto companies such as FTX), and these funds collectively manage $280 billion in assets. [Original article link]
DATA
crvUSD protocol TVL breaks $100 million, with nearly 70% of reserve assets in wstETH
According to DefiLlama data, the total value locked (TVL) of the crvUSD protocol has exceeded $100 million, with wstETH accounting for 66.92% of the protocol's reserve assets, reaching $78.51 million; wBTC accounting for 14.74% of the protocol's reserve assets, reaching $17.30 million; sfrxETH accounting for 14.07% of the protocol's reserve assets, reaching $16.50 million; and wETH accounting for 4.27% of the protocol's reserve assets, reaching $5 million.
In addition, the total circulation of crvUSD has reached 80.58 million, with a 7-day increase of 42.75%. [Original article link]
According to Lookonchain's monitoring, a certain whale address has accumulated 425 WBTC since April 10th, with an average price of $28,324 per coin, and has transferred all of them to an address starting with 0xfeDa. [Original article link]
Data: 4 new addresses withdrew a total of 10.2 million CRV from Binance in the past 7 days
According to Lookonchain data, a total of 10.2 million CRV (approximately $8.12 million) has been withdrawn from Binance in the past 7 days to 4 newly created wallet addresses. Lookonchain also added that all 4 addresses are newly created and only hold CRV. [Original article link]0xB9c starting address encountered a "Claim Phishing Attack" and lost 150 ETH, less than 2 hours after withdrawing to the chain.
According to on-chain data, the address starting with 0xB9c suffered a "Claim phishing attack" and lost 150 ETH, less than 2 hours after withdrawing from Coinbase to the chain. BlockBeats Note: The method name of this phishing contract is "Claim", which will make users mistakenly think that they are claiming ETH, but in fact, all ETH assets will be transferred to the contract. [Original article link]Data: Two early PEPE buyers' addresses bought large amounts of PEPE again in the past week
According to Spot On Chain data, two early buyers of PEPE have bought large amounts of PEPE again in the past week. The address starting with 0x025 (which previously earned 1414 ETH through PEPE transactions) spent 400,000 USDT to buy about 263 billion PEPE; the address osf.eth (which previously earned 92.12 ETH through PEPE transactions) spent 145.8 ETH to buy 1787 billion PEPE. [Original Link]
BNB on-chain lending protocol Venus' BNB loan annual interest rate has surged to 145.86%
The annual interest rate of BNB loans on the Venus Binance Chain lending protocol has soared to 145.86%, with a total loan amount of $252 million.
As previously reported by BlockBeats, Binance launched its 32nd Launchpad project, Arkham (ARKM), and opened a BNB session. This sale will be based on the input mode, and Binance will determine the user's investment quota based on their average daily BNB holdings over 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).
The market size of tokenized national debt products has exceeded 600 million US dollars.According to RWA.xyz data cited by CoinDesk, the market value of blockchain-based investment products that package US Treasury bills, bonds, and money market funds into token form has reached $614 million. CoinDesk notes that during the cryptocurrency market downturn, DeFi yields plummeted due to a sharp drop in borrowing and leverage demand.
Meanwhile, as the Federal Reserve raised interest rates to their highest level since 2007 to combat inflation, the yields on traditional finance (TradFi) bonds rose sharply. This year, protocols such as OpenEden, Ondo Finance, and Maple Finance have released blockchain-based national debt products, targeting mature investors, digital asset companies, and decentralized autonomous organizations. [Original Link]
Funding
去中心化交易平台 Ambient Finance 完成 650 万美元种子轮融资，BlockTower Capital 领投
Translation:The decentralized trading platform Ambient Finance announced the completion of a $6.5 million seed round of financing, led by BlockTower Capital, with participation from Jane Street, Circle, Tensai Capital, Naval, Yunt Capital, Susa Ventures, Quantstamp, Hypotenuse Labs, Ribbon Finance co-founders Julian and The Block researcher Steven. This round of financing will be used for research and development. [Original Link]
去中心化衍生品交易平台 KTX.Finance 完成 400 万美元种子轮融资，Hashed 领投
Translation:According to Finsmes, KTX.Finance, a decentralized derivatives trading platform based in Singapore, has completed a $4 million seed round of financing. The round was led by Hashed, with participation from AlphaLab Capital, CRIT Ventures, 100&100 Ventures, Trinito Corporation / Morpheus, GSG Asset, Lapin Digital, KuCoin Ventures, and Sky9 Capital. The funds from this round will be used to expand operations and business scope.
KTX.Finance is a decentralized derivatives trading protocol on the chain, operated by Alphamesh and incubated by ByteTrade Lab, a Singapore-based Web 3 infrastructure and venture capital firm. [Original article]
AI 客服 AwesomeQA 完成 280 万美元种子轮融资，North Island Ventures 领投
Translation:According to The Block, AI startup AwesomeQA has completed a $2.8 million seed round of financing, led by North Island Ventures, with participation from Coinbase Ventures and Uniswap Labs Ventures.
AwesomeQA plans to use the new funds to expand its team and improve its custom-trained AI model. It also provides customer support for more than 60 Web3 companies, including AAVE, Dune, and Scroll. AwesomeQA primarily offers automated customer support services, using AI to automatically answer user questions in Discord and Telegram channels. [Original article]
Regulation
According to CoinDesk, the European Securities and Markets Authority (ESMA) has issued a series of detailed proposals on how cryptocurrency companies within the European Union should obtain authorization under the EU's MiCA law.
ESMA stated that further consultations will take place in October, covering sustainability and record-keeping, and the final set of rules will be completed in early 2024, at which point rules for how foreign companies will serve EU customers will be considered. [Original article]
The US Senate Finance Committee seeks feedback on cryptocurrency taxation
According to The Block, the Financial Services Commission (FSC) of South Korea has stated that as part of new accounting rules, companies in the country that own or issue cryptocurrencies will be required to disclose their cryptocurrency holdings in financial statements starting from 2024.
Under the new regulations, South Korean cryptocurrency issuers will need to disclose detailed information about their tokens, business models, and accounting policies, while South Korean companies will need to disclose information such as profits, quantities, and market values of their cryptocurrency holdings. [Original article]
The US Department of Justice has charged Soufiane Oulahya, a Moroccan man, with stealing $450,000 worth of cryptocurrency and NFTs by creating a fake OpenSea marketplace. Oulahya is currently detained in Morocco on foreign charges.
The indictment alleges that Oulahya created a fake OpenSea login page and used paid advertising on a popular search engine to rank his fake version as the top result for "opensea" searches.
When victims enter their login credentials or other personal information on the forged website, their credentials are automatically sent to Oulahya-controlled email accounts.
Oulahya is charged with online fraud, which carries a maximum sentence of 20 years in prison; unauthorized access device use, which carries a maximum sentence of 10 years in prison; using an access device to conduct transactions to obtain items worth $1,000 or more, which carries a maximum sentence of 15 years in prison; and aggravated identity theft, which carries a consecutive two-year prison sentence. [Original article]According to an official announcement, the lawyer of Grayscale Investments has submitted a letter to the US Court of Appeals for the District of Columbia Circuit, protesting against the approval of leveraged Bitcoin futures ETF by the US Securities and Exchange Commission (SEC), while continuing to refuse to approve GBTC and other spot Bitcoin ETFs.
Grayscale stated that the SEC's approval of leveraged Bitcoin futures ETF provides more support for its legal argument that the SEC is acting arbitrarily. Grayscale pointed out that there is no sufficient reason to continue to refuse to approve spot products while allowing leveraged futures products to trade. [Original Link]
Russian State Duma approves digital ruble, awaiting approval from President Putin
According to Blockworks, the Russian State Duma has passed a law introducing the digital ruble, which has passed the necessary three readings and will be submitted to the Federal Commission and ultimately to Russian President Putin for approval.
If approved by Putin, the law will take effect on August 1, 2023. Under the law, the Russian central bank will become the operator of the digital ruble platform. [Original article]
According to The Block, 34-year-old security engineer Shakeeb Ahmed has been accused of committing telecommunications fraud and money laundering. Previously, the US Southern District of New York prosecutor's office stated that Ahmed defrauded an unnamed decentralized cryptocurrency trading platform, stealing approximately $9 million worth of cryptocurrency.
Federal prosecutor Damian Williams in the southern district of New York said in a statement: "We also charge him with money laundering through a series of complex transfers on the blockchain. He exchanged cryptocurrency on the blockchain, used different blockchains, and used overseas encrypted trading platforms to carry out these operations. But these actions did not cover up the defendant's tracks, did not deceive law enforcement agencies, and of course did not prevent law enforcement officers from tracking the money."
Law enforcement officials said that in July 2022, Ahmed used a "vulnerability" in the smart contract of the trading platform and entered false pricing data, causing the smart contract to "generate artificially high fees worth about $9 million, which Ahmed did not legitimately earn." [Original article link]
According to sources cited by WSJ, Manhattan federal prosecutors are investigating whether former FTX executive Ryan Salame and his girlfriend, former congressional candidate Michelle Bond, may have violated campaign finance laws.
One source said that investigators are looking into whether the two illegally circumvented federal restrictions on donations to Bond's 2022 Republican primary campaign for New York's first congressional district. Investigators are examining funds provided by Salame to Bond and loans she made to her campaign. The investigation is separate from the case against FTX founder Sam Bankman-Fried. [Original article]
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