Web3 Daily | Binance Launches New Projects Sei and CyberConnect on Launchpool; SBF May be the Mastermind Behind BALD.
Top News:
1. Binance has launched two new projects on its Launchpool platform, Sei (SEI) and CyberConnect (CYBER).
2. Base ecosystem DEX LeetSwap's LEET token has had some trading pairs' liquidity removed;
3. US Internal Revenue Service: Staking rewards obtained on the POS blockchain are subject to taxation.
4. SBF or the mastermind behind BALD;
Project Updates
"《3 千万美金 BALD rug 幕后黑手系 SBF？看看「推特侦探」们都有哪些证据》"
(Note: The content is in Chinese and the translation is as follows:)One night's thousand-fold BALD suddenly withdrew a total of 8660 ETH and 179 million BALD liquidity in 7 minutes, causing a significant drop in BALD's price, with a maximum drop of up to 80%. Cryptocurrency KOL @WSBChairman revealed on social media that SBF may be the mastermind behind BALD. Elon Musk replied to the tweet with "sigh".
Binance simultaneously launches Launchpool's new projects Sei (SEI) and CyberConnect (CYBER)
According to the official announcement, Binance will launch a new project called Sei (SEI) and CyberConnect (CYBER) on Launchpool on August 15, 2023 at 20:00 (GMT+8). Users can deposit BNB, TUSD, and FDUSD into the mining pool on the Launchpad website after 08:00 on August 2, 2023 (Beijing time) to receive SEI and CYBER rewards. The mining period will last for 30 days.
Base ecosystem DEX LeetSwap token LEET partial trading pair liquidity has been removedAccording to data from dexscreener, the liquidity of LEET, the token of Base ecosystem DEX LeetSwap, has been removed from one of its trading pairs on the Base chain, causing the token price to instantly drop to zero. As of the time of writing, the liquidity pool of another trading pair is also being withdrawn, with a remaining size of only $17,000.
Visual DID infrastructure provider Lifeform has officially announced that the LFT airdrop eligibility query website is now online. BlockBeats previously reported that Lifeform announced snapshots at block heights 30342850 (BSC) and 17787821 (ETH). The LFT token airdrop will be distributed as a reward to early adopters of Lifeform.
Polygon Labs former Vice President Kelly DiGregorio joins OpenSea as Vice President
According to Fortune, Kelly DiGregorio, former Vice President of Polygon Labs, has joined OpenSea as Vice President. Prior to this, DiGregorio was responsible for a series of transactions between Polygon Labs and brands such as Starbucks, Disney, Master Card, Reddit, and Salesforce.Justin Sun: Introducing stUSDT Pool on Curve
Justin Sun, founder of TRON and member of Huobi's global advisory committee, announced on social media that stUSDT pool will be introduced on Curve. According to BlockBeats, Justin Sun may have purchased 5 million CRV from the founder of Curve through OTC at an average price of $0.4.
Linea: Omega level NFT Mint window officially opens, limited time for one month
According to official news from Linea, the Omega-level NFT Mint window is now open, and users can go to the Consensys NFT platform to claim it. Gas fees are required to mint NFTs, and the Mint window will be open for one month. Be sure to avoid gas peak periods.
Volatility Shares plans to launch an Ethereum futures ETF.
According to Blockworks, Volatility Shares plans to launch an Ethereum futures ETF called "Ether Strategy ETF". The company has already filed an application with the US Securities and Exchange Commission (SEC). The ETF will invest in cash-settled Ethereum futures contracts traded on the Chicago Mercantile Exchange (CME), and will not directly invest in Ethereum.The US company Taj Quantum announced that its "Above Room Temperature Type II Superconductor" has been granted a patent by the US Patent and Trademark Office (USPTO). According to the official website, Taj Quantum focuses on quantum technology, blockchain-based identity verification systems, and breakthrough superconducting technology. Regarding its blockchain business, Taj Quantum uses blockchain as a tool to provide identity verification systems, deploys private blockchains and smart contracts to manage various challenges faced by the US military and other clients, and does not involve cryptocurrencies.
Binance Japan has officially launched, offering spot trading, wealth management, and NFT services.
According to an official announcement, Binance Japan has officially launched. Users of Binance Japan can access a variety of products and services, including spot trading, wealth management products, and the Binance NFT platform. Binance Japan offers spot trading services for 34 tokens, including BNB, which is now available for trading in Japan for the first time.Nomura Securities subsidiary Laser Digital obtains Dubai cryptocurrency license
According to Bloomberg, Nomura Securities' digital asset subsidiary, Laser Digital, has obtained a Dubai cryptocurrency license, allowing it to provide virtual asset brokerage and investment management services locally.Zhu Su: OPNX has successfully processed the first batch of FTX claims.
Founder of SanJian Capital, Zhu Su, posted on social media that "Open Exchange (OPNX), a platform for crypto claims and trading, has successfully processed the first batch of FTX claims and the spot FTX/oUSD market is now live."
Web3 social graph protocol CyberConnect has disclosed its token economic model. The total supply of CYBER is 100 million, of which 9% is used for community rewards, 34% is used for ecological development, 25.12% is allocated to investors, 15% is allocated to the team and advisors, 10.88% is included in the community treasury, and 3% of the tokens are allocated to CoinList public sale and Binance Launchpool respectively.
Sei releases token economic model, with 48% allocated to ecological reserve fund
Sei has released its token economic model, with a total of 10 billion SEI tokens, of which 48% will be allocated to the ecological reserve fund, 20% will be allocated to private investors, 20% will be allocated to the team, 9% will be allocated to the foundation, and 3% will be used as Binance Launchpool rewards.
CyberConnect: 2.4% of CYBER tokens in total will be available for application on August 15th
Web3 social graph protocol CyberConnect has released details of community rewards, which will be open for application on August 15th at 12:00, with a total of 2.4 million tokens available, accounting for 2.4% of the total CYBER supply.
Chain game Abyss World Abyss AI Beast Fighting Arena T0 Season opens ticket sales
According to the official announcement from Abyss World, the Abyss AI Arena has completed the drawing of opponents and officially started selling tickets. Players can purchase tickets through the participation page posted on Twitter to support their favorite characters and join "vote to earn" to share the final battle earnings.IDG Capital increases holdings of 91,308 shares of Bitdeer, a cryptocurrency mining company
According to the latest equity disclosure information from Nasdaq, as of June 30, 2023, IDG Capital increased its holdings in the cryptocurrency mining company Bitdeer (Nasdaq: BTDR) by 91,308 shares, with a total investment of approximately $931,000.KaratDAO official account has been hacked, please do not interact with itKaratDAO's official Twitter account has been hacked. Please do not trust or click on any links posted on this account. Please check Discord for the latest updates. KaratDAO's team is actively working to recover the account.
Coinbase spokesperson: Before being sued, the SEC did not request the removal of any specific assets
According to a report by Blockworks, prior to the SEC's lawsuit against Coinbase, the SEC did not require Coinbase to delist any specific assets.FTX has submitted a restructuring plan.
FTX 2.0 Coalition officials stated that FTX has submitted a restructuring plan. Key information currently includes: all non-customer claims (such as the US Internal Revenue Service) will be subordinate, FTT claim amount is zero, and offshore exchanges will be restarted to make up for customer deficits.
LeetSwap: Some liquidity pools may have been attacked and trading has been suspended
Viewpoint
Nansen analyst: BALD deployer address has close connection with Alameda Research
Nansen analyst Andrew T revealed on his social media that after investigating the ETH address of the BALD deployer, it was discovered that the 0x6663 Binance deposit address and the 0x000f active address used by the deployer had interacted with Andrew Keys and Alameda Research. These addresses have interacted on every major exchange, so at some point we will know who these potentially criminal deployers are. Andrew T said that these addresses are definitely closely related to Alameda Research and have conducted 400 transactions with blacklisted addresses, and are currently looking for which addresses have used Wintermute OTC in the past.
DeFi protocol dForce founder Mindao stated in a post that the recent Curve protocol attack has further amplified existing issues. Its founder mortgaged nearly 50% of the circulating supply for real estate and other leverage, and now it is clear that the liquidity is insufficient to reduce leverage. The biggest negative impact on Curve is not the hacker incident, but the founder's actions, which have led to extremely high governance token concentration and various overt operations that could easily be defined as security tokens and market manipulation.
WSBChairman hints that SBF or BALD deployer, Musk comments
The cryptocurrency KOL @WSBChairman exposed on social media that SBF created and sold a junk coin worth $100 million while under house arrest in his parents' basement. WSBChairman hinted that the junk coin may be BALD. Musk then interacted with the comment by saying "sigh".
According to the on-chain data analyst Yu Jin, two addresses belonging to a16z transferred 6586 MKR tokens worth approximately $8.1 million about 3 hours ago. Based on previous transfer patterns, these MKR tokens are likely to be transferred to Coinbase in batches over the next few days. With this transfer, a16z has now transferred all of its 37,518 MKR tokens (approximately $46.14 million) to Coinbase over the course of nearly a month.
Or affected by FTX's restructuring plan, FTT rose more than 10% in the short term.According to market information, FTT has risen more than 10% in the short term, possibly due to the impact of FTX's restructuring plan, and is currently priced at $1.492.
COMP、AAVE 24-hour decline both exceed 10%
Due to the Curve incident, mainstream DeFi tokens have experienced a significant decline. Among them, COMP is now priced at $62.00, with a 24-hour drop of 17.95%; CVX is now priced at $2.923, with a 24-hour drop of 14.68%; FXS is now priced at $5.151, with a 24-hour drop of 13.33%; AAVE is now priced at $61.95, with a 24-hour drop of 12.89%.
Justin Sun withdrew approximately 52.5 million US dollar stablecoins from Aave
According to Pai Shield's monitoring, the address marked as "Justin Sun" has withdrawn approximately 52.5 million US dollars worth of stablecoins from Aave, including approximately 40.7 million USDT and 11.7 million USDC.Cryptocurrency mining company Bitfarms mined 378 bitcoins in July
Bitfarms, a Bitcoin mining enterprise, produced 378 Bitcoins in July, a decrease of approximately 2.1% compared to the previous month and a decrease of 24.4% compared to the same period last year. As of the end of July, Bitfarms' total computing power remained unchanged at 5.3EH/s. In addition, Bitfarms sold 333 Bitcoins this month, earning a total of $9.9 million. (GlobeNewswire)
Curve founder has sold a total of 54.5 million CRV tokens today, reclaiming $21.8 million
According to the monitoring of Yu Jin, founder of Curve, Michael Egorov has sold a total of 54.5 million CRV tokens today, raising $21.8 million. Among them, 12.5 million CRV were sold to DWFLabs, 3.75 million CRV were sold to Huang Licheng, 2.5 million CRV were sold to Cream.Finance, 2.5 million CRV were sold to an address starting with 0xb0b, another 2.5 million CRV were sold to another address starting with 0xb0b, 1.25 million CRV were sold to an address starting with 0xcb5, and 250,000 CRV were sold to an address starting with 0x9db.
Due to the impact of BALD running away, Base Network's TVL decreased by 84% in 24 hours
According to DefiLlama data, the TVL of Base Network has dropped to $6.62 million, a decrease of 84% from its peak of $41.2 million yesterday. In addition, the TVL of LeetSwap, a DEX in the Base ecosystem, has also dropped to $4.2 million.Data: Curve founder has sold a total of 39.25 million CRV through OTC
According to Lookonchain's monitoring, as of 19:00 today, Curve founder Michael Egorov has sold a total of 39.25 million CRV through OTC, receiving 15.8 million USDT.Pai Shield: Huang Licheng or purchased 3.75 million CRV through OTC
According to Pai Shield's monitoring, Huang Licheng's address transferred 1.5 million USDT to Curve's founder's address and received 3.75 million CRV.According to Bobie, a researcher at 0xScope, the address associated with the Prisma Finance stablecoin protocol, labeled LSD, transferred 500,000 USDT to the address of the Curve founder 55 minutes ago. Subsequently, the Curve founder transferred 1.25 million CRV to that address.
Data: Curve founder repaid 5.139 million FRAX debt in less than an hour
According to on-chain data, the founder of Curve has repaid 5.139 million FRAX debts in the past hour, and the health ratio of their collateralized loan on Fraxlend has increased to 1.66.Data: Curve founder may have sold 29.25 million CRV through OTC today in exchange for $11.7 million
According to LookOnChain data, the founder of Curve has once again sold 4.25 million CRV to angel investor DCFGod through OTC. As of now, the founder of Curve has sold a total of 29.25 million CRV through OTC today in exchange for $11.7 million, with an average price of $0.4 per CRV.Funding
According to The Information, Coatue Management, a New York-based investment firm, has raised $331 million in its latest fund, which is 34% lower than its target amount. Coatue Management has previously invested in crypto startups such as MoonPay, Chainalysis, and Fireblocks. Last year, three general partners, including Luca Schmid, who led some of the company's notable crypto and fintech investments, left Coatue Management. Additionally, according to K33 Research, Web3 companies received 80% less venture capital in the first quarter of this year compared to the same period last year.
金融 NFT 铸造和交易平台 Solv Protocol 完成 600 万美元融资，Laser Digital 等参投
Translation:According to CoinDesk, Solv Protocol, a decentralized platform for creating, managing, and trading financial NFTs on the blockchain, has completed a new round of funding of $6 million. The funding was participated by Laser Digital, a subsidiary of Nomura Securities, UOB Venture Management, Mirana Ventures, Emirates Consortium, Matrix Partners, Apollo Capital, HashCIB, Geek Cartel, and Bytetrade Labs. The raised funds will help expand the team and continue to focus on platform technology development. Solv aims to establish a trustless institutional DeFi platform that integrates brokers, underwriters, market makers, and custodians, connecting the liquidity of DeFi, CeFi, and TradFi.
Regulation
The National Bank of Ukraine (NBU) has requested that four local cryptocurrency companies, Kuna, CoinPay, GEO Pay, and Qmall, provide financial reports for the first two quarters of 2023 within seven days. According to documents issued by the NBU, the bank also requested data on transaction volumes, as well as information on fund receipts and transfers. Kuna CEO Chobanyan stated that the reason for the NBU's actions is currently unclear, but due to the bank's aggressive actions, Kuna exchange has ceased its public business in March 2023. The company will now focus on the B2B market in Europe. (Cointelegraph)
Terraform has been approved to summon Luna's short-selling transactions on FTX.
According to The Block, Terraform has been granted a subpoena for FTX regarding Luna short selling transactions, and lawyers representing FTX US have agreed to the order. The request includes wallet and trading account information for UST or Luna transactions through FTX by Jump Trading between May 1, 2021 and May 31, 2022, as well as any other account and wallet information used by Luna short sellers during the same period.
The US Internal Revenue Service: Staking rewards obtained on POS blockchains are taxable
According to CoinDesk, the latest tax guidance from the US Internal Revenue Service outlines how and when to tax rewards for cryptocurrency staking. According to a decision released by the IRS on Monday, cryptocurrency investors who receive rewards for validation activities on proof-of-stake (POS) networks should include these rewards in their income for the year in which the investor controls these tokens. The IRS notes in the guidance that if "taxpayers receive additional units of cryptocurrency as a reward for validation," this rule also applies to investors who stake tokens through cryptocurrency trading platforms.Welcome to join the official community of BlockBeats by LUDONG
Telegram subscription group: https://t.me/theblockbeats
Telegram communication group: https://t.me/theblockbeatsApp
Twitter official account: https://twitter.com/BlockBeatsAsia
Welcome to join the official BlockBeats community:
Telegram Subscription Group: https://t.me/theblockbeats
Telegram Discussion Group: https://t.me/BlockBeats_App
Official Twitter Account: https://twitter.com/BlockBeatsAsia
Related Articles
