Selected News:
1. Google Cloud Oracle has been launched on LayerZero;
2. ConsenSys has launched the first generation of MetaMask Snaps, aiming to revolutionize the way MetaMask interacts.
3. Asset management giant Franklin Templeton has applied for a spot Bitcoin ETF.
4. CoinEx hot wallet suspected to have been hacked, with nearly $28 million in assets stolen and funds still flowing out;
5. Web3 social application Tipcoin wallet address submission is now online;
6. ConsenSys has launched the first generation of MetaMask Snaps, aiming to revolutionize the interaction method of MetaMask.
7. Bloomberg: Brian Shroder, CEO of Binance.US, has resigned;
Google Cloud oracle has been launched on LayerZero
Google Cloud Oracle has been launched on LayerZero. Google Cloud Oracle is a dedicated validator that is now available for all LayerZero applications and will be configured as the default on September 19th. This means that every message in LayerZero will utilize the secure infrastructure operated by one of the world's most security-conscious organizations by default. Google Cloud will verify the validity of every message in LayerZero by default. Google Cloud Oracle is designed to act as the HTTPS for cross-chain message transmission. Just as they verify all HTTPS certificates to prove the validity of websites, Google Cloud Oracle will now verify all LayerZero messages by default. Like everything in LayerZero, the best security is modular security, so it can naturally be used in conjunction with other validators such as PolyhedraZK to build the security stack that best suits your application needs.
Coinbase CEO: "flatcoins" are the next generation of stablecoins
Coinbase CEO Brian Armstrong believes that "flatcoins" (stablecoins that track inflation rates) are the next generation of stablecoins. Armstrong recently stated that "this is a new thing that is about to emerge, and there are several teams studying this issue. We haven't established anything in this area yet, but we are very interested in it." The design purpose of "flatcoins" is to remain consistent with inflation, rather than being pegged to a currency or asset. Some people believe that by tracking inflation, flatcoins can provide better value preservation than stablecoins, thus providing better investment returns.
According to CoinDesk, Fabian Vogelstelle, one of the proposers of the Ethereum ERC-20 standard, and others have launched a test version of the "Universal Profile" feature on the Layer 1 public chain LUKSO. The feature aims to provide users with an overall "on-chain identity" and includes a recoverable encrypted wallet and a profile for interacting with social media applications. The Universal Profile can be used for various applications on the blockchain (NFTs, decentralized social media, payments), integrating users' activities into one account rather than just a wallet address.
Court documents confirm Alameda has privileged accounts on FTXAccording to new court documents, it has been confirmed that Alameda has privileged accounts on FTX, with one account labeled "trabby" being immune to liquidation.
Consensys launches MetaMask Snaps, aiming to disrupt MetaMask's interaction method
According to official sources, Consensys has announced the first version of MetaMask Snaps to the public. The product aims to completely change the way users interact with MetaMask, providing users with stronger operations and customization functions. In the initial release, MetaMask Snaps will provide 34 Snaps, including transaction insights (which can identify potential security risks), interoperability with non-EVM blockchains such as Bitcoin, and Web3 notifications. The 34 Snaps have been security audited and manually added to the whitelist by the MetaMask team, and more Snaps will be added in the future. Consensys will collect user feedback on the use of MetaMask Snaps and continue to develop to achieve the ultimate vision of MetaMask Snaps.
21Shares's parent company launches packaged versions of BTC, XRP and other tokens
According to The Block, 21Shares, the issuer of the cryptocurrency ETP, has entered the wrapped token space to help expand the adoption of DeFi. On Tuesday, 21.co announced the launch of eight wrapped tokens, including BTC, BNB, XRP, ADA, and others. Like other products from 21.co, their wrapped tokens are built on their proprietary operating system, Onyx. Wrapped tokens are digital assets that represent the exact value of original cryptocurrencies from different blockchains. They achieve cross-chain compatibility, allowing assets such as Bitcoin to run on Ethereum and be used for DeFi applications. This enhances cross-chain liquidity and expands the utility of cryptocurrency assets.
Mocha Ventures is seeking to raise $32 million for its fund.
According to CoinDesk, Mocha Ventures is seeking to raise $32 million for its fund and plans to invest in areas such as DeFi and cryptocurrency adoption. The Dunhill family office, a luxury brand, is investing in Liechtenstein-regulated venture capital firm Mocha Ventures through its subsidiaries Dunhill Ventures and Dunhill Financial, with an initial investment of $3 million.
Asset management giant Franklin Templeton has applied for a spot Bitcoin ETF.
Bloomberg's senior ETF analyst, Eric Balchunas, wrote that asset management giant Franklin Templeton has applied for a physically-backed Bitcoin ETF. The company, which manages nearly $1.5 trillion in assets, revealed in a filing submitted on Tuesday that it plans to list such funds on the Cboe BZX trading platform. The ETF's shares will be backed by Bitcoin held by the fund's custodian, Coinbase Custody Trust Company.
Solana ecosystem wallet Solflare will soon be launched on MetaMask Snaps.
The Solflare Solana wallet is about to be launched on MetaMask Snaps, which means that SOL and Solana-based NFTs can be managed directly on the MetaMask wallet. Solana's Dapps can now also be used on MetaMask. Filip Dragoslavic, co-founder of Solflare, said that this development eliminates the friction of installing a new wallet, which has prevented many potential Solana users from interacting with the blockchain. Now, users can simply use MetaMask in the Solana ecosystem. "Solana has a very active application ecosystem, many of which are only possible on Solana. This integration may be a game-changing opportunity to introduce Solana to the largest Web3 user group and let them try it out for themselves."
An alliance established by a16z crypto, Bain Capital Crypto, Blockchain Capital, Coinbase, Ledger, and Paradigm advocates for transparent and unified regulations around digital assets in Texas. In a statement released on September 11th, the alliance stated that, given the federal government's inability to enact reasonable legislation in this area, Texas has the opportunity to adopt advanced cryptocurrency regulations. The alliance aims to be a resource for Texas regulators and industry stakeholders seeking to gain knowledge and leverage the potential of cryptocurrency technology.
Hashdex has submitted an application for a spot Ethereum ETF.
The encryption asset management company Hashdex has submitted an application for a spot Ethereum ETF. BlockBeats previously reported that on August 26th, Bloomberg ETF analyst James Seyffart posted on social media that Hashdex has applied to hold spot Bitcoin in their Bitcoin futures ETF.
The US SEC is reviewing the Grayscale lawsuit ruling and the Bitcoin ETF application
According to market sources, the US SEC is reviewing the ruling of the Grayscale lawsuit and the application for a Bitcoin ETF.The encrypted trading platform CoinEx is suspected to have been attacked, with a large amount of funds flowing out of its hot wallet. Currently, it has lost about 4,946 ETH and 354,762 TRX, and funds are still flowing out continuously. The stolen funds are currently worth about 28 million US dollars.
Web3 social application Tipcoin wallet address submission is now online
Web3 social application Tipcoin announced that wallet address submission is now online. You need to submit your address within 24 hours to qualify for the first phase of the airdrop distribution.
The official of CoinEx, a cryptocurrency trading platform, stated that its risk control system detected abnormal withdrawals from several hot wallet addresses used to store CoinEx trading platform assets. A special investigation team has been established to investigate the incident, and 8 suspicious wallet addresses related to this hacking attack have been identified and isolated. The exact amount of losses is still being determined, and the affected funds only account for a small portion of CoinEx's total assets. In addition, CoinEx stated that user assets are still safe and have not been affected. The affected parties will receive 100% compensation to make up for the losses caused by this incident. To increase security, deposit and withdrawal services have been temporarily suspended and will be resumed after thorough review.
Insider: Tribe Capital and crypto trading platform Bullish are both interested in acquiring FTX
According to sources cited by The Block, both Tribe Capital and Bullish, a cryptocurrency trading platform under Block.one, are interested in acquiring FTX, a trading platform that went bankrupt and filed for bankruptcy restructuring in November last year. According to court documents, FTX has contacted 75 bidders.
The probability of the Fed keeping interest rates unchanged in September is 93.0%According to the "Fed Watch" data from CME, the probability of the Fed maintaining interest rates at 5.25%-5.50% in September is 93.0%, while the probability of raising interest rates by 25 basis points to the 5.50%-5.75% range is 7.0%. The Fed will announce its interest rate decision (upper limit) for the period up to September 20th on September 21st at 2:00, with an expected rate of 5.5% and a previous value of 5.5%.

派盾:CoinEx suffered losses of up to $43 million in the hacking incidentAccording to Paidu Shield's monitoring, the estimated loss of the cryptocurrency trading platform CoinEx in the hacking incident is currently about $43 million, distributed among the following five blockchains: approximately $19 million on the Ethereum mainnet, approximately $11 million on TRON, approximately $6.4 million on BSC, approximately $6 million on the Bitcoin chain, and approximately $295,000 on Polygon.
Bloomberg: Binance.US CEO Brian Shroder has resigned
According to Bloomberg, a spokesperson for Binance.US stated that the company's CEO, Brian Shroder, has resigned and will be temporarily replaced by Chief Legal Officer Norman Reed. Additionally, Binance.US will be laying off approximately one-third of its workforce, which amounts to over 100 employees.According to official sources, the on-chain asset management platform Range Protocol has completed a $3.75 million seed round of financing, led by HashKey Capital and Nomad Capital, with participation from Spark Digital Capital, Mirana Ventures, Symbolic Capital, Asymm Ventures, and Comma3 Ventures. The funds from this round of financing will be used to continue building Range Protocol's integrated on-chain asset management platform and further expand the team and community. Range Protocol is an on-chain asset management platform designed to provide a fair competitive environment between retail investors and professional digital asset managers. The platform is currently deployed on Ethereum, BSC, Mantle, Polygon, and Arbitrum.
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