| Nomad will provide up to 10% rewards for attackers who return funds; Vitalik published an article discussing different types of ZK-EVM (August 4th)

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Nomad: Attackers who return more than 90% of stolen funds will be rewarded with up to 10%

headlines

Cross-chain interoperability protocol Nomad said it would offer rewards of up to 10 percent to attackers who return more than 90 percent of stolen funds. As of now, about $20 million of the nearly $200 million stolen from Nomad has been returned.

Vitalik Buterin, the founder of Ethereum, published an article discussing different types of ZK-EVM and ZK-EVM-like projects, as well as the trade-offs between them. Buterin describes the classification of different "types" of multiple EVM equivalents, and the benefits and costs of trying to achieve each type.

V God published an article discussing different types of ZK-EVM

Slope: The server-side log records have been deleted after the vulnerability was discovered, and 1444 stolen wallets may be traced back to the vulnerability

Industry news

Slope, the Solana ecological wallet, tweeted that it had deleted the server-side log records after discovering the vulnerability caused by the centralized Sentry server. Currently, 1444 of the 9223 wallets affected (15%) may be traced back to this vulnerability.

Fintech and digital payments giant Block (formerly Square) reported its second-quarter results on Thursday, with bitcoin-related revenue falling 34% to $1.79 billion. Total revenue fell 6% to $4.4 billion, excluding bitcoin-related revenue, and net income was $2.62 billion.

Voyager Digital cleared to return $270 million in customer funds

Crypto lending provider Voyager Digital has received approval from the U.S. Bankruptcy Court to return $270 million in customer cash. Judge Michael Wiles, the judge overseeing Voyager's bankruptcy case, ruled that the company provided sufficient evidence to support its argument that customers should be allowed access to MetBank custodial accounts, Reuters quoted the Wall Street Journal as saying. (Reuters)

Voyager Digital cleared to return $270 million in customer funds

Coinbase Partners with BlackRock to Offer Aladdin Clients Crypto Trading and Custody Through Coinbase Prime

Project News

According to official news, Coinbase has reached a cooperation with BlackRock (BlockRock), the world's largest asset management company, to provide institutional clients of Aladdin, BlackRock's end-to-end investment management platform, with direct access to encryption, starting with only Bitcoin. Coinbase Prime will provide crypto trading, custody, prime brokerage and reporting capabilities to Aladdin's institutional client base.

Nomad: White Hat Hackers Return $11.2 Million, Total Recovered $16.6 Million

Uniswap Community Proposes Creation of Uniswap Foundation, Requests $74M Funding

A new Uniswap community proposal proposes the creation of the Uniswap Foundation, a new entity (completely independent of Uniswap Labs) with a mission to support the decentralized growth and sustainability of the Uniswap protocol and the ecosystem and community it supports.

Aave V3 launched the Optimism liquidity mining plan and will distribute 5 million OP

According to official news, Aave announced that Aave V3 launched the Optimism liquidity mining plan, which will last for 90 days and distribute 5 million OP to Optimism Market users of the Aave protocol. Reward claim support will be live soon.

Aave V3 launched the Optimism liquidity mining plan and will distribute 5 million OP

MicroStrategy's share price soared 15% after it announced its Q2 financial report and announced the replacement of CEO, hitting a new high in nearly three months

Metaverse GameFi and NFT

After MicroStrategy announced its Q2 financial report yesterday and announced the replacement of its CEO, the company's share price once soared 15%, closing at $313.68 on the day, an increase of 12.73%, setting a new high in the past three months.

Investment and Financing

Investment and Financing

Lattice Capital's second crypto fund has raised $60 million

Mike Zajko, a partner at venture capital firm Lattice Capital, said it has raised $60 million for its second crypto fund, triple the amount of its first fund last August.

Lattice Capital's second crypto fund has raised $60 million

Kurtosis, an encryption developer tool, completed a $20 million Series A round of financing, led by hedge fund Coatue, Coinbase Ventures, Chainsmokers' Mantis VC, and angel investor Olivier Pomel.

Cosmos pledge protocol Stride completes $6.7 million in seed round financing, led by North Island VC and others

Cosmos staking agreement Stride completed a US$6.7 million seed round of financing, led by North Island VC, Distributed Global, and Pantera Capital, with participation from 1Confirmation, Cerulean Ventures, Node V, and Cosmos ecological validators Imperator, Cosmostation, and Everstake. (The Block)

Crypto developer tool Kurtosis completes $20 million Series A financing led by hedge fund Coatue

Kurtosis, an encryption developer tool, completed a $20 million Series A round of financing, led by hedge fund Coatue, Coinbase Ventures, Chainsmokers' Mantis VC, and angel investor Olivier Pomel.

Decentralized identity company Qui Identity completes about $5 million in financing, led by Round13

Decentralized identity company Qui Identity announced that it has completed financing of 6.5 million Canadian dollars (approximately US$5 million), led by digital asset fund Round13, and participated by OMERS Ventures and Wittington Ventures. (betakit)

Decentralized identity company Qui Identity announced that it has completed financing of 6.5 million Canadian dollars (approximately US$5 million), led by digital asset fund Round13, and participated by OMERS Ventures and Wittington Ventures. (betakit)

Fed's Mester: Fed will cut rates once inflation falls back closer to 2% target

Regulatory policy

Fed's Mester: Fed will cut rates once inflation falls back closer to 2% target

Mester of the Federal Reserve stated that the U.S. economy is not in recession now, but the risk of recession has risen. The Fed is committed to reducing inflation to the target value and needs to further raise interest rates to ease demand. The path of inflation will determine the scale of future interest rate hikes. And said that given the size of its balance sheet, the Fed should discuss selling some mortgage-backed securities. It also said it wanted its balance sheet to fall to $6.5-7 trillion.

The Bank of England raised interest rates by 50 basis points to 1.75%, the largest rate hike in 27 years

The Bank of England raised interest rates by 50 basis points to 1.75%, in line with market expectations, the largest rate hike in 27 years, reaching the highest interest rate level since December 2008. Among them, 8 members agreed to raise interest rates by 50 basis points, and 1 member supported a 25 basis point increase in interest rates.

Central Bank Shanghai Headquarters: Cooperate to prevent and deal with the risk of speculation in virtual currency transactions

On August 4, the Shanghai Headquarters of the People's Bank of China held a work conference for the second half of 2022, conveying the spirit of learning from the work conferences of the People's Bank of China and the State Administration of Foreign Exchange in the second half of 2022, summarizing the main work of the Shanghai Headquarters in the first half of the year, and arranging key tasks for the second half of the year.

Central Bank Liu Honghua: Establish the jurisdictional effect of financial laws on illegal activities carried out by overseas financial institutions

Liu Honghua, director of the Department of Treaty and Law of the Central Bank, wrote an article "The "Extraordinary Decade" of my country's Financial Rule of Law Construction" in the "China Finance" magazine. The article pointed out that the system of extraterritorial application of financial laws should be improved. Further promote the revision of basic financial laws such as the "Anti-Money Laundering Law" and "Commercial Bank Law", and study the addition of extraterritorial applicable clauses. Establish diversified jurisdictional connection points, clarify the blocking system in the financial sector and special preventive measures against money laundering.

Characters & Voices

Musk's countersuit against Twitter will be made public on Friday, or later than Twitter's response to its countersuit

Delaware Chancery Judge Kathaleen McCormick ruled that Musk's counterclaim, answer and affirmative defense to Twitter's lawsuit should be released Friday afternoon local time. Musk's lawyers were scheduled to file a public version of their response and counterclaim in Delaware court on Wednesday. But Twitter's lawyers complained they needed more time to review and possibly amend Musk's sealed document, saying it "extensively" referred to internal Twitter information and data provided to Musk.