Block Weekly: Bitcoin hits a new high since January 2018; Bitcoin halving effect superimposes ETH Staking
Keywords in this issue
Keywords in this issue
Polkadot parachain code will be launched soon, Uniswap flash loan attack, full text of Grayscale Bitcoin investment report, Conflux launch main network, Aave management key handed over to the community, Bitcoin breaking new high in January 2018, ETH2.0 pledge effect, NFT The fastest getting started guide, Ethereum's No. 1 game Axie Infinity, The Graph completed $12 million in financing, and PoolTogether lossless lottery tracking.
1. Gavin Wood: Parachain 1.0 code may be launched in two weeks
On October 26th, Gavin Wood, founder of Polkadot, said that the Polkadot parachain 1.0 code may be launched in two weeks, and the new Rococo testnet based on this version will also be released soon. It also pointed out that Polkadot's Parathreads (parallel thread) product launch time will be at a certain point after the parachain is launched.
2. Uniswap was used to carry out flash loan attacks yesterday, with a total of about 1.8 billion USD in flash loan transactions
According to news on October 27, Uniswap was used to carry out flash loan attacks on the 26th, and a total of about 1.8 billion U.S. dollars in flash loan transactions were carried out. Uniswap’s official website shows that in the past 24 hours, Uniswap’s trading volume reached 2.18 billion US dollars, but according to DeBank data, the actual trading volume on Uniswap excluding flash loans is about 380 million US dollars, because Uniswap also includes flash loans In the transaction volume. Lianwen notes that using flash loans on Uniswap requires a 0.3% transaction fee.
3. Grayscale’s latest report: More than half of American investors surveyed are interested in buying Bitcoin, much higher than last year’s 36%
On October 28th, digital asset management company Grayscale Investments (Grayscale) and financial market research company 8 Acre Perspective jointly released the 2020 Bitcoin Investor Survey Research Report. The main points of the report are as follows: 1. More than half (55%) of the US investors surveyed are interested in buying Bitcoin, much higher than 36% in 2019; 2. Among the existing Bitcoin investors, 83% invest 3. About 2/3 of investors who bought Bitcoin in the past four months said that the new crown epidemic affected their investment decisions; 4. Among all respondents, 39% said that the new crown epidemic has made Bitcoin more attractive. Grayscale managing director Michael Sonnenshein said the figures suggest that investor interest in Bitcoin is growing significantly in 2020.
4. The public chain project Conflux is officially launched on the main network, and the genesis block has been dug out
According to news on October 29, Conflux Tethys, the final stage of the mainnet of the public chain project Conflux, is now online, and the genesis block has been dug out. Currently, the Conflux Scan blockchain explorer is undergoing final testing and updating.
5. DeFi lending protocol Aave officially handed over the protocol management key to the community
On October 29th, the DeFi lending protocol Aave (AAVE) announced that it will officially hand over the protocol management key to the community. Aave says this is an important step in its decentralization. To this end, Aave will set the "Aave Governance" contract as the "Lending Pool Manager", and grant the ownership of the "LendingPoolAddressProvider" contract and the "TokenDistributor" contract to "Aave Governance". The "Lending Pool Manager" can change the protocol contract parameters and list The new asset, the "LendingPoolAddressProvider" has full control over the protocol, and the "TokenDistributor" contract receives all protocol fees and manages their distribution.
6. Cambodia officially launched the central bank digital currency Bakong
On October 29th, according to the Bangkok Post, Cambodia officially launched the central bank’s digital currency “Bakong”, which is expected to help Cambodians use smartphones to make payments and transfer money between individuals. Chea Serey, governor of the Central Bank of Cambodia, expressed hope that the Bakong system can facilitate seamless electronic payments without involving cash, thereby preventing the spread of the new crown epidemic. Japanese financial technology startup Soramitsu participated in the design of the system. The Central Bank of Cambodia has started trial operation of the project in July this year. About 20 financial institutions have participated in the project so far, and dozens more are expected to join.
7. Bitcoin broke through 14,000 USDT intraday, a new high since mid-January 2018
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1. The halving effect of Bitcoin and the pledge effect of ETH 2.0
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2. NFT's fastest getting started guide, a guide for newcomers to quickly advance
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3. The full text of the Grayscale Bitcoin Investment Report: The Great Transfer of Wealth Pushes BTC to the Mainstream
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4. Binance IEO, the most popular game on Ethereum, what is the charm of Axie Infinity? What are the opportunities?
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5. Here is a CeFi financial management advanced version 2.0 strategy, please keep it
Pledge lending-related services in the encryption field have become one of the main infrastructures in the gradual maturity and development. In addition to the recent hot DeFi lending market, most CeFi (Centralized Finance, centralized finance) institutions similar to traditional banks It has also entered the market early for layout, and its application scenarios have evolved from early capital turnover to risk hedging, investment, derivatives arbitrage and many other different application scenarios. This article takes you through CeFi's main lending products.
1. PoolTogether "Lossless Lottery" platform launched v3 version, which is more decentralized
The event sold 2,875 lottery tickets, locked more than 50,000 DAI, and the bonus reached 203.04 DAI. Lossless lottery means that users who deposit funds may win the grand prize in the prize pool. The source of the rewards is the interest generated by the user's deposited funds in other DeFi protocols, and the user's principal will not suffer any loss. In September 2019, a new version of Pool Together was launched, which shortened the game cycle and lowered the barriers to entry.
In March this year, the amount of funds locked in PoolTogether exceeded 1 million Dai, and there were more than 2,000 participants in the current round. Subsequently, PoolTogether announced that it has received US$1 million in financing. The investors are IDEO CoLab Ventures, ConsenSys Labs and DTC Capital. Since its launch in 2019, PoolTogether has paid out nearly $30,000 in prize money and attracted more than 12,000 lottery players, according to October figures.
On October 23, Pool Together announced the completion of a seed expansion round of financing of more than $1 million and the launch of the v3 version. The new v3 version supports more types of ERC-20 tokens, more income sources and more bonus distribution schemes. The newly added PoolToether Build function is similar to developer tools, allowing users to customize and create new bonus pools and set reward strategies by themselves. The launch of the v3 version has made PoolToether more decentralized. At present, many projects have injected tokens into rewards for publicity, which will lead to more fresh gameplay.
However, according to DeBank data, from October 25th to October 29th, the amount of PoolToether's locked positions dropped sharply twice, and is currently stable at more than 400,000 US dollars.
1. Social currency startup Roll raises another $1 million, bringing total funding to $2.7 million
On October 27th, according to Coindesk, the social currency startup Roll raised $1 million from venture capital institutions or investors such as Fabric Ventures, IOSG Ventures and William Mougayar, with a total financing of $2.7 million.
In June of this year, Roll received US$1.7 million in seed round financing, led by BitMEX CEO Arthur Hayes, VaynerX founded by Internet celebrity Gary Vaynerchuk, venture capital funds Techstars Ventures, Hustle Fund, and Techstars NYC participated in the investment. Roll is a blockchain protocol and platform for creating social currency with the goal of helping monetize the relationship between content creators and fans.
2. The lending agreement Notional launched a beta version on Ethereum and received $1.3 million in financing
On October 27th, according to Coindesk, the Notional protocol, which allows lending at fixed interest rates, released a beta version on the Ethereum network. Notional uses a new type of on-chain automated market maker (AMM) that allows DeFi, CeFi, and institutional traders to borrow and lend at a fixed rate on the Ethereum network. Specifically, DeFi traders can lock DAI for liquidity mining activities. Notional also announced that it has raised $1.3 million in funding from eight investors including Coinbase Ventures, 1confirmation and Polychain.
3. Ethereum data provider Nansen receives $1.2 million in seed funding
On October 28th, Ethereum data provider Nansen announced that it has received $1.2 million in seed round financing led by Mechanism Capital and Skyfall Ventures. Other investors include Robot Ventures, Fabric Ventures, Sparq, Volt Capital, CTF Capital, Blockrock Capital, There are also some individual investors, including Aleksander Leonard Larsen, co-founder of the encrypted game Axie Infinity, Ana Andrianova, co-founder of Polkadot ecological DeFi project Akropolis, Eric Conner, co-founder of EthHub, Kevin Hu of Dragonfly Capital, Anthony Yoon of FTX, etc. .
Launched in April this year, Nansen is a subscription-based product currently focused on Ethereum data. Nansen hopes to add support for the Bitcoin blockchain and other Ethereum Layer 2 layers within the next year.
4. Encrypted infrastructure service provider Figment Networks completes $2.5 million in financing, led by Bonfire Ventures
On October 29th, the encryption infrastructure service company Figment Networks announced the completion of US$2.5 million in financing. This round of financing was led by Bonfire Ventures. FJ Labs, XDL Capital Group, Leminiscap, BKCM and angel investor Stephan Patnernot participated in the investment. Figment Networks Funds are planned to be used to grow its team size and expand its staking infrastructure framework. Founded in 2018 and headquartered in Canada, Figment Networks currently operates verification node services for more than 30 blockchain networks including Tezos, Cosmos, Polkadot, Avalanche, SKALE, etc.
5. The Graph raised $12 million through public offerings, and the mainnet will be launched within 30 to 60 days
On October 29th, the blockchain data index project The Graph (GRT) announced that it has raised 12 million US dollars through public offerings, and 4% of the total token supply (400 million GRT) has been allocated to participants from more than 90 countries or More than 4,500 non-US investors who have successfully passed KYC certification in the region. The Graph mainnet will be launched within 30 to 60 days.
The Graph received $5 million in financing through the sale of token SAFT in June this year to launch a decentralized network. Investors include Framework, ParaFi Capital, Coinbase Ventures, and Digital Currency Group. The Graph is an indexing protocol for organizing and accessing data in blockchains and storage networks. The Graph creates open-source software that indexes blockchain data, making it quickly and easily accessible to any team building a decentralized application.
6. DefiDollar, a decentralized stablecoin project, raised $1.2 million, led by three venture capital institutions including Divergence Ventures
On October 29th, the decentralized stablecoin project DefiDollar (DUSD) announced that it has received US$1.2 million in funding led by Divergence Ventures, Standard Crypto and Accomplice, with participation from CMS Holdings, DeFi Alliance, LedgerPrime and Bollinger Investment Group. DefiDollar stated that the funds will be used to pay team members and expand the team.
Disclaimer: The Blockchain Institute is organized based on public information and does not represent the position of the Blockchain Institute (official account), nor does it constitute any investment opinion or suggestion.
"BLOCKER WEEKLY" is a cutting-edge reading of the blockchain industry carefully crafted by the Blockchain Research Institute. It selects a week's hot spots and cutting-edge views for blockchain enthusiasts. If you have good comments and suggestions, please leave a message in the comments below.
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Disclaimer: The Blockchain Institute is organized based on public information and does not represent the position of the Blockchain Institute (official account), nor does it constitute any investment opinion or suggestion.
