| EigenLayer developer Layr Labs is raising $64 million; Dune has no tokens and airdrop plans (March 9)
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EigenLayer developer Layr Labs is raising $64 million
According to the US SEC official website announcement, Layr Labs, the developer of the Ethereum re-pledging protocol EigenLayer, is about to complete a new round of financing of US$64 million, and has raised nearly US$56 million so far.
Blockchain analysis platform Dune clarifies: no plans to issue tokens and airdrops
secondary title
EigenLayer developer Layr Labs is raising $64 million
Blockchain analysis platform Dune clarifies: no plans to issue tokens and airdrops
Industry news
It was reported earlier today that PieDun monitoring data showed that relevant addresses of US law enforcement agencies transferred 49,000 BTC (worth about 1 billion U.S. dollars) to Coinbase (more than 9,800 BTC), addresses starting with bc 1 qf 2 (more than 30,000 BTC) and address starting with bc 1 qe 7 (about 9,000 BTC). This part of BTC is the illegal proceeds seized by U.S. law enforcement agencies in November 2021 and March 2022 related to the darknet Silk Road (Silk Road).
Odaily News U.S. bankruptcy judge Michael Wiles approved Voyager Digital’s restructuring plan at a hearing in New York on Tuesday, selling its assets and transferring its customers to Binance.US.
Industry news
Odaily news Cathie Wood's asset management company Ark Invest Innovation ETF yesterday increased its holdings of 47,568 shares of Coinbase shares, its next-generation Internet ETF increased its holdings of 8,031 shares of Coinbase shares, and at the same time purchased 1.06 million shares of Robinhood shares. At current prices, Ark Invest’s purchases of Coinbase stock totaled approximately $3.44 million yesterday, and its Robinhood stock purchases totaled approximately $9.97 million.
Project News
Odaily News U.S. bankruptcy judge Michael Wiles approved Voyager Digital’s restructuring plan at a hearing in New York on Tuesday, selling its assets and transferring its customers to Binance.US.
Binance has agreed to pay Voyager $20 million in cash and accept deposits of crypto assets from Voyager customers. According to Voyager, clients’ crypto holdings were worth $1.3 billion in February, accounting for the majority of transaction valuations. But Voyager could still walk away from the deal. Its financial advisers told the court on Friday that the company needs up to four weeks to review emerging questions about Binance.US’s commitment to the acquisition, Binance.US’ regulatory compliance and the safety of Binance.US customer deposits.
Project News
Coinbase Announces Wallet-as-a-Service Offering to Simplify Getting Started with Web3
Odaily News Coinbase has announced a product called "Wallet as a Service" (WaaS), designed to allow companies to build web3 experiences with an easy wallet onboarding. Companies such as Floor, Moonray, Thirdweb, and Tokenproof have begun using Coinbase's offerings to engage web3 users in gaming, token-gated events, and digital marketplaces. (The Block)
DefiLlama Releases Browser Plugin to Enhance Etherscan Browser with Wallet Tabs
It is reported that the DefiLlama plugin will mark millions of wallets based on user behaviors such as OpenSea and CEX funding sources. In addition, pricing on Etherscan can now be powered by DefiLlama’s token price API and will calculate the value of liquidity tokens. Additionally, the smol llama icon can show users whether the URL they are visiting is trustworthy or a scam site. The plugin is currently available on Chromium-based browsers such as Chrome and Brave.
Lido's proposal to upgrade the V2 version on Ethereum has been voted through
According to the proposal, the V2 version upgrade will include support for Ethereum withdrawals and a staking router. Several security agencies are currently auditing the code. Once the proposal is approved, Lido is scheduled to be tested on the Goerli testnet from March 7th to 31st. The deployment of the V2 version on the main network depends on the upgrade time of Ethereum Shapella and the end of the audit.
Cosmos Hub will undergo a V9 Lambda upgrade on March 15, which will activate the Replicated Security feature
Gitcoin Partners with Index Coop to Launch gtcETH to Fund Gitcoin Grants with ETH Staking Rewards
Odaily News Gitcoin issued an article to announce the detailed information of Gitcoin Staked ETH Index (gtcETH). gtcETH will be created by Gitcoin in partnership with the Index Coop community as a separate token that will fund Gitcoin Grants through ETH staking rewards. The token will be built on the Index Protocol and include Rocket Pool, Lido, and StakeWise liquidity collateral tokens.
gtcETH will enable token holders to access top ETH liquid collateralized tokens through a single token, while contributing to the financing of public goods.
According to the proposal, the upgrade aims to activate the Replicated Security feature, which will enforce the good-running rules of interchain security (ICS). The Replicated Security function replicates the security of the Cosmos Hub to the consumer chain and monitors compliance with the rules. The consumer chain can benefit from the security of the Cosmos Hub without having to maintain its own validators.
Gitcoin Partners with Index Coop to Launch gtcETH to Fund Gitcoin Grants with ETH Staking Rewards
Jack Dorsey's Block Payments Company Considers Building a Bitcoin Mining Dev Kit
Metaverse GameFi and NFT
Block will further update its mining hardware plans in the coming weeks and months.
Aave has deployed Aave V3 on the Sepolia testnet
Metaverse GameFi and NFT
Yuga Labs Announces Membership Badges Live on Twitter
Odaily News Yuga Labs announced that its member badge function is now live on Twitter, and all its official brands will be equipped with this badge. In a move aimed at addressing the growing number of phishing links on social media, this verified affiliate logo keeps users as safe as possible.
Currently confirmed associated accounts include: @BoredApeYC, @cryptopunksnfts, @MeebitsNFTs, @OthersideMeta, @10 KTFshop.
1. Ability to update withdrawal credentials for Ethereum validators from the old 0x 00 type (derived from BLS keys) to the newer 0x 01 type (derived from Ethereum addresses).
Investment and Financing
Web3 email solution EtherMail closes $4M PreA round led by Tim Draper and Draper Associates
2. Partial withdrawals, or consensus layer rewards for periodic automatic "exits" from active validator balances (over 32 ETH).
3. Withdraw in full, or withdraw the entire balance of the "exited" validator.Only validators with newer 0x 01 type withdrawal credentials will be eligible for partial and full withdrawals. Validators using older 0x 00 type withdrawal credentials can qualify by updating their credentials to the new version. However, there is currently no need to do so, as validators of 0x 00 credentials will continue to be rewarded as they have been since the inception of the beacon chain. Note that once a validator has updated their withdrawal credentials from type 0x 00 to type 0x 01, it cannot be changed. This is a one-time one-way change of withdrawal vouchers from type 0x 00 to 0x 01.Investment and Financing1 Web3 email solution EtherMail closes $4M PreA round led by Tim Draper and Draper AssociatesOdaily News Web3 email solution EtherMail completed a $ 4 million PreA round of financing, led by Tim Draper and his venture capital firm Draper Associates. Tim Draper will join EtherMail's Advisory Board. The funding will be used to drive hiring and market expansion, with EtherMail also working to accelerate the rollout of its single sign-on solution and advertising market solution. (The Block)Web3 football game
Matchday Complete 2
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Seed round financing, Play Time participated in the investment
Decentralized Chat App OpenChat Completes Over $5.5M in Governance Token Sale
The company aims to help encryption companies deal with Token-related tax laws for salary distribution. It claims to have created a system in dozens of countries to track encryption-related tax laws and regulations. It currently has 30 customers, including Filecoin Foundation, Gitcoin etc. (Fortune)
Its most recent token sale had 2,375 participants, allowing it to purchase OpenChat’s native governance token, CHAT, to form a DAO. After the token sale, the OpenChat team stated that the on-chain messaging platform would be owned and controlled by its community of token holders, rather than a centralized tech company.
New funds raised from the token “decentralized sale” will be held in OpenChat’s DAO Treasury, and token holders will decide how best to utilize them, the team said. The platform will allow users to vote directly on new proposals for upgrades, features, and Treasury fund allocations through the Service Nervous System (SNS), a governance system model used on computers on the Internet. (The Block)
Decentralized Chat App OpenChat Completes Over $5.5M in Governance Token Sale
Its most recent token sale had 2,375 participants, allowing it to purchase OpenChat’s native governance token, CHAT, to form a DAO. After the token sale, the OpenChat team stated that the on-chain messaging platform would be owned and controlled by its community of token holders, rather than a centralized tech company.
global policy
Game company Believer completes US$55 million in Series A financing, led by Lightspeed and participated by a16z and others
Odaily news The Believer Company, a game startup founded by former Bitcoin mining company Riot executives Michael Chow and Steven Snow, completed a US$55 million Series A round of financing, led by Lightspeed Venture Partners, a16z, Bitkraft Ventures, Riot Games, 1 Up Ventures, Don Thompson's Cleveland Avenue, Michael D. Eisner's Tornante Company and others participated in the vote.
Believer will initially develop original IP, narrative and technical games. The founders of Believer said that it is unlikely to launch any products in 3-5 years. Steven Snow said that the company hopes to use generative AI to do more things, but is not interested in NFT. (Decrypt)
The Central Bank of Brazil announced the launch of a CBDC pilot, which may be put into public use by the end of 2024
Odaily News Brazil's central bank announced on Monday the launch of a digital currency pilot project aimed at replicating the success of its instant payment system Pix to popularize financial services in the country. The public use of the digital currency should begin by the end of 2024 after the completion of the testing phase, which includes buying and selling federal public bonds between individuals, and subsequent evaluations, according to Fabio Araujo, the project coordinator at the Central Bank of Brazil.
Furthermore, bank deposits will continue to exist in the Brazilian CBDC, just registered in a more modern setting, meaning that financial institutions will not lose this credit-generating source of funds.
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New Texas Bill Proposes Regulation of Crypto Markets to Protect Investors
Odaily News Texas Republican State Representative Giovanni Capriglione submitted Bill 166 (HB 1666) to the House of Representatives, which will impose some regulations on the unregulated cryptocurrency market in Texas to protect investors using Coinbase , Cash App and Kraken and other digital asset exchanges.
