Star Project Weekly | Sui development team completes $300 million in financing; Curve has uploaded stablecoin crvUSD code (9.5-9.11)
During the week from September 5th to September 11th, the events worthy of attention in the progress of star projects are as follows:Sui development team Mysten Labs completes $300 million in financing；Fuel Labs completes $80 million in financing；BNB Chain will launch the zero-knowledge proof expansion solution zkBNB mainnet at the end of the year；zkSync 2.0 mainnet project registration is now open；The first Arbitrum hackathon will be held on October 15-16；Gnosis Safe releases a community challenge, successfully submitting the brushing address will participate in getting 25% SAFE tokens；Curve uploads the native stablecoin crvUSD code to GitHub；Binance Officially Launches Soulbound Token BAB；NBA, NBPA and Sorare will jointly launch NFT-based games。
Sui development team Mysten Labs completes $300 million in financing led by FTX Ventures
Bottom-Layer1
Sui development team Mysten Labs completes $300 million in financing led by FTX Ventures
Fuel Labs completes $80 million in financing led by Blockchain Capital and others
Mysten CEO Evan Cheng said the cash infusion will help the company build out its Sui blockchain, hire more staff and expand into the Asia-Pacific region. (Wall Street Journal)
Fuel Labs completes $80 million in financing led by Blockchain Capital and others
It is reported that Fuel Labs is a start-up company aimed at accelerating encrypted transactions, hoping to provide developers in the blockchain field with the best experience through its "modular execution layer (MEL)".
It is reported that Fuel Labs is a start-up company aimed at accelerating encrypted transactions, hoping to provide developers in the blockchain field with the best experience through its "modular execution layer (MEL)".
According to previous reports, in September 2021, Fuel Labs, the second-layer expansion plan of Ethereum, announced that it had obtained US$1.5 million in financing. CoinFund led the investment, and Fenbushi Capital and Origin Capital participated in the investment. (The Block)
Odaily news on September 8th, BNB Chain announced that it has launched the zero-knowledge proof-based expansion solution zkBNB testnet on September 2nd, allowing developers to start building applications, and plans to launch the mainnet at the end of the year. According to BNB Chain, zkBNB aims to provide faster transaction speed, faster finality, and lower gas fees, which is a major breakthrough for BNBChain to achieve scale. According to the introduction, the characteristics of zkBNB include: support for fast integrated payment and atomic swap, utilizing the innovative built-in AMM exchange and liquidity pool for DeFi use cases, digital assets will be automatically traded without permission; TPS reaches 5000-10000; built-in NFT market and API service; built-in domain name service, etc.
Odaily News The public chain Algorand announced today that it has completed the main network protocol upgrade, introducing an interoperability standard state proof for trustless cross-chain communication, which provides an interface that any PoS blockchain can be used for cross-chain communication and transactions , which can improve its transaction per second (TPS) and cross-chain communication security, performance increased from 1200 transactions per second to 6000 transactions per second, while this upgrade simplifies development and introduces new tools for DApps with on-chain randomness capabilities .
Canto announced that it will launch the first hackathon, providing 300,000 CANTO as a reward
Odaily News Canto, a Layer 1 project based on the Cosmos SDK, announced that it will launch the first Canto Online Hackathon, which will be held from October 1st to 21st. Developers can submit original works in different categories such as ecological support, DeFi, and NFT To win a total of 300,000 CANTO rewards, of which the overall champion will receive 100,000 CANTO, and the champions of each sub-category will receive 40,000 CANTO.
Aurora releases version 2.7.0 of the EVM engine, and the testnet now supports cross-contract calls
Odaily news NEAR ecological EVM expansion network Aurora officially announced the release of EVM engine version 2.7.0. This version aims to significantly improve BN256 precompilation by utilizing NEAR's BN 256 host function, and realize the cross-contract calling function to introduce the NEAR contract ecosystem into Aurora. Currently, the cross-contract call function is only available on the test network. It is reported that Aurora is an EVM network developed based on the NEAR protocol as its Layer 2 expansion solution. Aurora was originally created by NEAR core team developers and is currently helping to build bridges to other ecosystems and accelerate blockchain adoption and decentralization.
Dogechain has been down for 8 hours, far exceeding the official estimated maintenance time
Bottom-Layer2
Bottom-Layer2
Polygon plans to grow team size by 200 by year-end
Odaily News Bhumika Srivastava, Polygon's head of human resources, said in an interview that Polygon plans to increase its team operating in remote areas around the world by about 200 people by the end of this year, expanding the total number of teams by 40%.
According to Srivastava, Polygon, which sold $450 million in private tokens in February for a slew of cash, sees the crypto bear market as a rare hiring opportunity, but it won’t be easy. Developers for Web3 projects are still hard to find and the salaries are high, she said. (Bloomberg)
zkSync 2.0 mainnet project registration is now open
Odaily news zkSync, the Ethereum Layer 2 expansion solution, announced that the zkSync 2.0 project registration is now open. The deployment time of registered projects on the mainnet will be announced after the Proof Merging and Baby Alpha milestones. In addition, the mainnet will go live in 52 days as planned.
StarkNet Alpha 0.10.0 version is launched on the mainnet
Odaily News StarkWare, an Ethereum expansion solution, announced that the StarkNet Alpha 0.10.0 version has been launched on the mainnet.
The first Arbitrum hackathon will be held on October 15-16
Odaily News Arbitrum tweeted that the first Arbitrum Hackathon will be held in Bogotá, Colombia from October 15th to 16th. The track includes DeFi, NFT and games, social networking and tools. Registration is now open.
Optimism will gradually reduce the data transfer rate of public RPC nodes
infrastructure components
infrastructure components
Blockstream supports the use of Lightning Network to transmit information via satellite
Odaily News Bitcoin infrastructure company Blockstream has launched a service that uses Lightning Network payments to send information in space. Users only need a Lightning Network wallet to broadcast information freely around the world through the fully open source block stream satellite API. The service supports the transmission of text-based messages, audio, video and other data into space, and allows users to send private data to each other.
The Lido community of Odialy's small news liquidity staking agreement released a new proposal to launch a cross-chain liquidity staking service in the Cosmos ecosystem. The proposal presents a framework for deploying Lido as a custom solution designed to serve the liquidity staking needs of the entire IBC ecosystem.
The proposal proposes to launch Lido on the Cosmos ecological chain Neutron. Neutron, incubated by P2P (Lido core contributor), is a permissionless CosmWasm smart contract platform. Neutron plans to be one of the first Interchain Secured zones, for which it has received support and funding from the Cosmos Hub. Neutron will also launch its own Token and is looking to combine veToken economics and gauge-voting to distribute liquidity mining incentives and grants.
Project Galaxy rebrands and changes name to Galxe
Odaily News Web3 credential data network Project Galaxy announced to change its name and rebrand to "Galxe", aiming to evolve from a single project to a Web3 ecosystem.
As of now, its Web3 identity suite Galxe ID has more than 4.2 million users. Galxe ID can record the on-chain and off-chain footprints of Web3 users.
According to Safe's official Twitter, in view of the upcoming release of SafeDAO, in order to include more community members, the team has lowered some of the initial token distribution standards. But this may give "airdrop hunters" an opportunity to take advantage. In fact, there are tutorials on AirDrop Hunter on Twitter, Discord, and security forums.
Therefore, we want to involve the community in identifying those addresses that are created and used solely for the purpose of obtaining SAFE, and call on users to participate in reporting for a chance to receive 25% of the tokens, and the remaining 75% will be redistributed to the remaining eligible users. The report must be submitted to Github before 6:00 on September 19, 2022, Beijing time.
SPACE ID: Phased registration of .bnb domain names postponed until next week
Odaily news full-chain domain name service provider SPACE ID issued a document stating that due to receiving a lot of feedback from the community on the phased registration of .bnb domain names, it has decided to postpone the phased registration until next week.
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DeFi
Curve uploads the native stablecoin crvUSD code to GitHub
Odaily News According to Decrypt news, Curve Finance developers uploaded their native stablecoin crvUSD code to GitHub on Tuesday. Details are scarce at the moment, but the new code reveals several features of the stablecoin, including overcollateralization. Earlier news, Curve founder Michael Egorov said in the community that Curve's native stablecoin crvUSD may be launched this month.
Odaily News The Aave community voted on the Aave V3 retrospective funding proposal with 100% support. The proposal suggested that Aave DAO pay a total of 16.28 million US dollars of retroactive funding to Aave for the development of Aave V3. Those costs included $15 million for the team's work over a period of more than a year, and $1.28 million in payments to third-party audit services.
Compound has implemented Proposition 119 to restore the V2 protocol Ethereum market
Odaily News The lending agreement Compound announced that it has implemented Proposition 119, which aims to restore the V2 protocol Ethereum market by reverting to the old price feed. Compound says the V2 protocol "should be fully functional" now.
Fixed-rate lending protocol Notional launches new product Leveraged Vaults
Odaily news on September 8, the fixed-rate lending agreement Notional has launched a new product, Leveraged Vaults, which allows users to borrow cash from Notional at a fixed rate and deposit it in a whitelist smart contract to implement a specific income strategy. All assets in smart contracts act as liquidable collateral for their liabilities, enabling users to gain highly leveraged exposure. Using leveraged vaults can be highly profitable if the strategy returns exceed the borrowing rate. Leveraged vaults increase capital efficiency for users without forcing lenders to take any form of credit or unsecured risk. Lenders are protected by the same time-tested principles of overcollateralization and liquidation. If the value of the asset in the smart contract falls below a minimum threshold, the user can be liquidated and the debt repaid.
Stably Announces the Launch of Stablecoin USDS on Harmony
Odaily News Stably announced the release of native Stably USD (USDS) on the Harmony public chain. USDS is the first native stablecoin issued on Harmony.
Stably is a Web3 payment infrastructure provider from Seattle with a FinCEN registered MSB license. The stable currency USDS issued by it has been launched on the Ethereum mainnet in 2018.
NFT
Odaily News EIP official website shows that the status of the EIP-3525 proposal is "Final", which also means that the proposal has been passed and officially accepted as the new token standard ERC-3525.
This standard was proposed by Solv Protocol, which defines "semi-homogeneous token (SFT)" for the first time, a unique and powerful self-describing ability like NFT, and a homogeneous token that can be split and has high liquidity. A new on-chain asset carrier with a sex advantage. The ERC-3525 standard allows developers to create advanced financial assets, such as new financial products such as bonds, options, and asset-backed securities (ABS), broadening the scope and span of financial products on the chain.
Binance Officially Launches Soulbound Token BAB
Odaily News Binance announced that it has officially launched the soul-bound token BAB at 17:00 on September 8, Beijing time. BAB will be used as the identity proof of users who have completed KYC. Users can mint BAB tokens on the BNB Chain as Identity credentials, and participate in building multiple projects and earn rewards. According to Binance, the token is non-transferable but can be revoked, and a single Binance account ID can only mint one BAB token.
NFT minting platform Fair.xyz partners with OpenSea to launch soul-bound token Minter Token
Odaily news on September 8th, Fair.xyz, an NFT casting platform for creators, cooperated with OpenSea to launch the soul-bound token Minter Token as a new way for creators to interact with the OG community, which can be directly integrated into smart contracts , allows building a closed experience for minters of NFT projects, and is compatible with all historical, present and future NFTs. Among them, users can make a free claim, and the first 500 are free of gas fees. At the same time, they can participate in the lucky draw of RTFKT gifts by sharing Minter Token.
Odaily News Dune data shows that the SudoSwap AMM transaction volume reached 40095390 US dollars, the NFT transaction volume was 145058 pieces, and the platform AMM fee income was 200354 US dollars.
BendDAO liquidation threshold is adjusted to 80%, and voting will be further adjusted to 75%
Odaily News NFT mortgage lending agreement BendDAO tweeted that according to the BIP#10 implementation plan, the liquidation threshold has been adjusted to 80%, and a new vote on whether to further adjust the liquidation threshold to 75% has opened.
Yuga Labs Launches CryptoPunks Ecological News Reward Program
Odaily News Yuga Labs announced the launch of the first CryptoPunks grant program, Punks Grant, to support the creation and maintenance of CryptoPunks-centric news and factual reports. Winners @lorepunkdoteth and @ricgalbraith will have the opportunity to report on more important events and get more opportunities to communicate with Yuga Labs officials.
Yuga Labs stated that it is building a more formal program around this type of bounty and looks forward to rolling out such bounty programs for community members like BAYC/MAYC, Meebits, and Otherside soon as well.
Cool Cats Partners with GAMEE to Launch Games and Tournaments at Arc8
Odaily News According to the official announcement, GAMEE, a P2E casual mobile game subsidiary of Animoca Brands, recently announced that it has reached a cooperation with the NFT series Cool Cats, and will launch the tile game Cool Cats Combinations in its Arc8 application on September 8.
In addition, GAMEE will host 3 tournaments within Arc8, targeting Cool Cats NFT holders, Cool Pets NFT holders and all Arc8 players. From September 8th to 12th, the rewards include a total of 3 Cool Cats NFTs, 30 Cool Cats product packs, 60 Cool Cats G-Bot Starter NFTs, and 10,000 MATICs.
Animoca Brands completes US$110 million in financing, with participation from Temasek, Boyu and GGV
game
Animoca Brands completes US$110 million in financing, with participation from Temasek, Boyu and GGV
The latest $100 million financing brings Animoca Brands' total funding to date to more than $600 million. Its subsidiary, The Sandbox, also recently raised $93 million each. (The Block)
The latest $100 million financing brings Animoca Brands' total funding to date to more than $600 million. Its subsidiary, The Sandbox, also recently raised $93 million each. (The Block)
NBA, NBPA and SORARE jointly launch NFT-based fantasy game
Odaily News Paris-based Sorare, a digital collectible football platform, has partnered with the National Basketball Association (NBA) and the National Basketball Players Association (NBPA) to jointly release a collectible NFT fantasy basketball game, users will be able to collect NFT cards cards and build lineups for open play.
The new gaming experience builds on Sorare's 2 million registered user base in 185 countries, including markets in the US, Europe and Asia, where the company's football games are growing rapidly.
STEPN will set up its first physical office in Hong Kong Cyberport
Odaily News STEPN announced that it will set up its first physical office in the Hong Kong startup accelerator Cyberport (Cyberport), and use the office as a regional headquarters.
security incident
security incident
PeckShield: DAO Officials of the Aggregation DAO Community on BNBChain Suspected to Be Attacked
Odaily’s PeckShield monitoring shows that DAO Officials, an aggregated DAO community on BNBChain, is suspected to be attacked. In addition, the data on the chain shows that the attacker may have made a profit of more than 500,000 US dollars.
BlockSec: Ragnarok Online Invasion token ROI was attacked, with a loss of about 157.98BNB
Odaily News BlockSec monitoring shows that the Ragnarok Online Invasion token ROI was attacked, with a loss of about 157.98 BNB (about 44,000 USD), which is suspected to be a typical ownership transfer access control vulnerability.
