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| Aave will deploy the GHO testnet in the next few weeks; Binance Mining Pool will launch a $500 million Bitcoin miner loan project (October 15)

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Justin Sun will combine Heco, Tron and BTTC to create a new public chain ecology.
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Justin Sun will combine Heco, Tron and BTTC to create a new public chain ecology.

headlines

Aave to deploy GHO testnet in the next few weeks

Odaily News Aave released the development progress of the decentralized over-collateralized stablecoin GHO. Aave stated that it plans to replace the V2 market with the V3 market as the main impetus for GHO after the new Aave V3 market is deployed on Ethereum, and the GHO code previously deployed in Aave V2 has been audited by Open Zeppelin. In addition, Aave will allow "Facilitator" to mint and destroy GHO without trust, and will release a guiding framework on how to apply for this permission in the future. Aave also stated that the deployment of GHO’s first testnet will be completed in the next few weeks.

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Odaily News Aave released the development progress of the decentralized over-collateralized stablecoin GHO. Aave stated that it plans to replace the V2 market with the V3 market as the main impetus for GHO after the new Aave V3 market is deployed on Ethereum, and the GHO code previously deployed in Aave V2 has been audited by Open Zeppelin. In addition, Aave will allow "Facilitator" to mint and destroy GHO without trust, and will release a guiding framework on how to apply for this permission in the future. Aave also stated that the deployment of GHO’s first testnet will be completed in the next few weeks.

Industry news

Binance Pool Launches $500 Million Bitcoin Miner Lending Program

Odaily News Binance Mining Pool launched a $500 million bitcoin miner loan project (Miner Lending Project), which aims to provide secure debt financing services for global public and private bitcoin mining and digital asset infrastructure companies. Borrowers need to comply with certain conditions, including but not limited to 18 to 24 month terms, different interest rates from 5% to 10%, etc. In addition, Binance Mining Pool plans to launch cloud mining products and is currently seeking cooperation with cloud mining providers.
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Industry news

SBF retracts previous statement that it will donate $1 billion to the 2024 US election

Odaily News FTX founder Sam Bankman-Fried (SBF) retracted his previous remarks that he would donate $1 billion in the 2024 US election in an interview with Politico's Morning Money, calling it a "stupid offer."

SBF reportedly said in a podcast in May that it may donate $1 billion in the 2024 U.S. presidential election. SBF has donated $200 million of its net worth, much of it to politics, and has donated $23 million to a political action committee (PAC) this year, according to podcast interviews. Additionally, SBF is one of the largest single donors to the 2020 Biden campaign.

A 15-year-old cryptocurrency hacker agrees to pay $22 million to victims

Odaily News Blockchain.com and Crypto.com have begun to restrict the functions of Russian citizen accounts. Blockchain.com will no longer provide services such as escrow to Russian nationals, and users notified will have until October 27 to withdraw escrow funds and other rewards, after which their accounts will be frozen. Crypto.com has blocked relevant users from accessing its app. (The Block)

security incident

Tether has removed more than $30 billion in commercial paper and increased its holdings of more than $10 billion in U.S. Treasury bonds last quarter

secondary title"EDEN Hack Inu"and"EDENHACK"security incident
Supremacy: The private key of the Eden Network deployer address was leaked, or it was caused by the profanity vulnerability

Odaily news According to the monitoring of the Supremacy security team, on October 14, 2022, the deployer address of Eden Network initiated an abnormal transaction on the chain. Permission to modify the name and symbol of EDEN coins to

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Mango Attackers Transfer ~$7.8M in Tokens to Mango Upgrade Committee Wallet

Project News

Odaily News According to PeckShield monitoring data, Mango attackers transferred tokens worth approximately $7.8 million to the wallet 9mM6NfXau...26wY controlled by the Mango Upgrade Council (Mango Upgrade Council).

Project News

Metaverse GameFi and NFT

Cross-chain DeFi protocol Umee launches institutional lending DAO UDX

Odaily News The cross-chain DeFi protocol Umee launched the institutional lending DAO UDX, which will provide customizable debt financing to cryptocurrency-focused institutions in the form of collateralized term loans. As a loan underwriter, UDX will generate income through loan issuance fees, OTC transaction fees, etc.
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Metaverse GameFi and NFT

"The Silence of the Lambs" actor Anthony Hopkins' first NFT work sold out in 7 minutes
Odaily News Oscar-winning actor Anthony Hopkins' first NFT art collection "The Eternal Collection" sold out in less than 7 minutes on the NFT marketplace OpenSea. The NFT is a collection of over 1,000 original artwork inspired by the actor's decades-long career in Hollywood and pays homage to his performances in films such as The Silence of the Lambs, Westworld wait. Buyers of this NFT will also have the opportunity to receive a one-on-one brunch with Anthony Hopkins, autographed artwork, and more.
It is reported that Meta Avatars Store has recently launched in countries such as the United States, Canada, Mexico, Thailand, Spain, Italy and the United Kingdom.

Investment and Financing

Web3 Freight Insurtech Otonomi Closes $3.4M Funding Led by ATX Ventures

According to previous reports, in June this year, Meta announced that it will cooperate with Balenciaga, Prada and Thom Browne to launch the Meta Avatars Store, a digital fashion market. The feature, which will roll out on Instagram, Facebook and Messenger, will allow users to buy digital clothing for their avatars.
Investment and Financing

Rocket Chaoyi, a Web3 data collection platform, completed an angel round of financing of 3 million US dollars, led by Blackstone

It is reported that Otonomi is launching parametric cargo delay insurance by building complex models, and has reached a technical partnership with Chainlink. It will use industry-leading oracle machine smart contracts and advanced risk data analysis to build a parametric insurance platform. Currently, its business It mainly covers 6 major areas of finance, insurance, blockchain, Web/UX design, marketing and security. (AJOT)
It is reported that Rocket Chaoyi is an NFT platform for Web3 pioneers. It will introduce Web and other incentive models to build many scalable Web3 native applications. The incubation includes: domestic and foreign brand marketing, digital creative design, physical IP derivatives, copyright products, and social media. Media display, AR Metaverse interaction and other modular functional applications. (Phoenix Network)

Encrypted Wallet Startup Pine Street Labs Completes $6 Million Seed Round Led by Polychain Capital

It is reported that Rocket Chaoyi is an NFT platform for Web3 pioneers. It will introduce Web and other incentive models to build many scalable Web3 native applications. The incubation includes: domestic and foreign brand marketing, digital creative design, physical IP derivatives, copyright products, and social media. Media display, AR Metaverse interaction and other modular functional applications. (Phoenix Network)
It is reported that Pine Street Labs aims to change the wallet experience for any enterprise that needs to store tokens. The company's solution is a non-custodial encrypted wallet API "walletOS", which is a tool for automating workflow, building transactions and providing services for any area. A system of blockchain-deployed wallets, purpose-built for enterprises with the scale and security to use efficiently across 12 different blockchains.

Gritti, a Web3 social fitness app, completes $1.7 million in seed round financing, led by Leading Capital

It is reported that Pine Street Labs aims to change the wallet experience for any enterprise that needs to store tokens. The company's solution is a non-custodial encrypted wallet API "walletOS", which is a tool for automating workflow, building transactions and providing services for any area. A system of blockchain-deployed wallets, purpose-built for enterprises with the scale and security to use efficiently across 12 different blockchains.

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Gritti, a Web3 social fitness app, completes $1.7 million in seed round financing, led by Leading Capital

Odaily News Web3 social fitness application Gritti announced the completion of a US$1.7 million seed round of financing, led by Lingfeng Innovation Fund, Youbi Capital, Bixin Ventures, Orderly Network, Stratified Capital and CDI participated in the investment. It is reported that Gritti hopes to enable users to establish healthier living habits through community participation and application game design, and bring the unique advantages of Web3 to as many runners as possible. The application is currently undergoing internal testing, and a complete public beta version is planned for this year. Start later. Gritti's advisory board includes Horst Bente, founder of Adi Dassler Legacy Platform, Jared Johnson, former general manager of EA Sports China, Bryant Chou, CEO of Vice China, Umar Ali, former head of TMT investment banking at HSBC London, and Sami Moughrabie, managing partner of Atmos Ventures. (FF News)

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