| ConsenSys zkEVM changed its name to Linea; EigenLayer completed $50 million in Series A financing (March 29)
headlines
headlines
Ethereum Foundation: The Shapella upgrade will be activated at 6:27:35 Beijing time on April 13
ConsenSys zkEVM rebranded to Linea, launches public beta
ConsenSys zkEVM rebranded to Linea, launches public beta
Odaily News According to official news, ConsenSys zkEVM has been renamed Linea, and natively integrates tools such as MetaMask and Truffle. Currently, Linea is open testnet to any developer, user or protocol.
Combining zero-knowledge proofs with Ethereum Virtual Machine (EVM) equivalence, Linea enables builders to extend new or existing dapps, aiming to provide developers with flexibility and scalability.
Combining zero-knowledge proofs with Ethereum Virtual Machine (EVM) equivalence, Linea enables builders to extend new or existing dapps, aiming to provide developers with flexibility and scalability.
Subsequently, the Euler Finance attacker sent a message on the chain to apologize for his actions: "I don't think what I said will help me, but I still want to say it. I messed up. I didn't want to do it, but I messed up." took someone else's money, someone else's job, someone else's life. I really screwed up. I'm sorry. I didn't mean that. Forgive me. The rest of the money will be returned as soon as possible. I only care about my own safety, that is Reason for the delay. Sorry for any misunderstanding."
Industry news
Industry news
Odaily News According to Bloomberg, Do Kwon is currently in standard medical isolation in Montenegro to rule out coronavirus infection until April 3, and only his lawyer or doctor will be able to visit him. U.S. federal prosecutors and South Korea have both expressed interest in seeking Kwon's extradition to face criminal charges.
Crypto investment firm Galaxy Digital to hit $1 billion in losses in 2022
Galaxy Digital revealed last quarter that it had a $76.8 million exposure to the failed FTX and that it had incurred a net loss on its mining operations, which are typically profitable, due to increased fees. (The Block)
BitDeer to list on Nasdaq through SPAC merger, valued at about $1.18 billion
Blue Safari's board of directors recommends that its shareholders vote in favor of the proposed business combination and related proposals described in the definitive proxy statement dated March 27, 2023, at Blue Safari's Extraordinary General Meeting (EGM). An EGM will be held on April 11, 2023 at 9:00 a.m. ET to approve, among other matters, the business combination. (PRNewswire)
OKX announced the establishment of a Hong Kong entity and is applying for a virtual asset license
Odaily News OKX Exchange announced that it has established a Hong Kong entity to launch virtual asset services in Hong Kong.
SBF attorneys agree new bail conditions with U.S. attorneys
Odaily News According to court documents filed on Monday, lawyers for FTX founder SBF have reached an agreement with US prosecutors on new bail conditions. Under the new bail conditions, SBF will be given a new mobile phone limited to texting and calling, in addition to a limited laptop to access approved websites.
U.S. Judge Grants Stay of Voyager Asset Sale to Binance.US Pending DOJ Appeal
As previously reported, in early March, the U.S. Department of Justice filed an appeal challenging New York bankruptcy judge Michael Wiles’ judgment allowing Binance.US to acquire the assets of bankrupt crypto lending company Voyager Digital. The appeal was filed by the US Trustee's Office, the Justice Department division that oversees bankruptcy.
Asset management giant Fidelity is building its cryptocurrency research team
Odaily News Fidelity, an asset management giant, is building its cryptocurrency research team.
"They will study the data and technical frameworks used to evaluate tokens, as well as the associated blockchain protocols that form the basis of the cryptocurrency and DeFi economy," the job ad states.
The Tengchong court ruled that the contract of a bitcoin "mining" contract dispute case is invalid
The court held that civil subjects engaged in civil activities must not violate the law or violate the principles of public order and good customs. In this case, the plaintiff and the defendant, on the grounds of signing the "Blockchain Server Cooperation Agreement", actually carried out bitcoin "mining" activities. Quality development is contrary to the goals of carbon peaking and carbon neutrality, as well as public interests. Judging from the high energy consumption of "mining" and the impact of Bitcoin trading activities on the national financial order and social order, the contract involved in the case should be invalid. As civil subjects, both the plaintiff and the defendant shall abide by the law when engaging in civil activities, and shall not violate the principles of public order and good customs. Otherwise, the corresponding losses arising therefrom shall not be protected by law, and the adverse consequences shall be borne by the parties themselves. In the end, the court found that the contract between the two parties was invalid, and ruled to dismiss the plaintiff Liao Moumou's claim.
Odaily News Cosmos Ecological Token Protocol Noble has cooperated with Circle to introduce native USDC into Cosmos and Inter-Blockchain Communication (IBC) ecology.
Project News
Cosmos Ecological Token Protocol Noble Partners with Circle
Odaily News Cosmos Ecological Token Protocol Noble has cooperated with Circle to introduce native USDC into Cosmos and Inter-Blockchain Communication (IBC) ecology.
EOS Network Foundation: EOS EVM final testnet is live
Odaily News The EOS Network Foundation tweeted that the final testnet of the EOS EVM has been launched. With the security audit underway, the EVM mainnet is about to be ready.
EOS Network Foundation: EOS EVM final testnet is live
According to OKX official news, the Ethereum-based Layer 2 network OKBC testnet has been officially launched, and users can receive testnet OKB through the OKX Web3 wallet to experience. OKBC focuses on improving security and achieving seamless integration, supports decentralized product deployment, is 100% compatible with EVM and Cosmos, and provides reliable smart contract audit services, which will help OKX 50 million users easily explore Web3.
According to OKX official news, the Ethereum-based Layer 2 network OKBC testnet has been officially launched, and users can receive testnet OKB through the OKX Web3 wallet to experience. OKBC focuses on improving security and achieving seamless integration, supports decentralized product deployment, is 100% compatible with EVM and Cosmos, and provides reliable smart contract audit services, which will help OKX 50 million users easily explore Web3.
Lido V2 is currently being tested on Goerli and the first withdrawal has been confirmed successfully
Odaily News Lido V2 is currently being tested on Goerli, and it has been confirmed that the first withdrawal was successful. A Lido contributor successfully tested the user flow for Ethereum withdrawals. The plan now is to extensively test Turbo mode (normal functionality), with a particular focus on validator exits (to ensure withdrawal requests are processed in a timely manner under various circumstances).
Odaily News The MakerDAO community has voted through a series of MIP governance proposals outlining how Maker will operate and make decisions in the future.
Odaily News The MakerDAO community has voted through a series of MIP governance proposals outlining how Maker will operate and make decisions in the future.
The approved proposals include Maker's guiding principle "Constitution" written by Maker founder Rune Christensen, which lays the foundation for the protocol's governance, development, and reserve investment; also includes breaking down the DAO's current structure into smaller units called SubDAO; Invest part of Maker's more than $7 billion in reserves in real-world assets and money market funds to increase platform revenue, and further decentralize support for the DAI stablecoin, making it more resistant to censorship and sanctions, and plans to establish Constitutional Voter Committees (CVC ), Constitutional Delegates (CD), and Constitutional Conservers (CC) to reorganize the governance of the DAO. (CoinDesk)
Primitive Launches Beta Version of Open Source EVM Analysis Tool Arbiter
The approved proposals include Maker's guiding principle "Constitution" written by Maker founder Rune Christensen, which lays the foundation for the protocol's governance, development, and reserve investment; also includes breaking down the DAO's current structure into smaller units called SubDAO; Invest part of Maker's more than $7 billion in reserves in real-world assets and money market funds to increase platform revenue, and further decentralize support for the DAI stablecoin, making it more resistant to censorship and sanctions, and plans to establish Constitutional Voter Committees (CVC ), Constitutional Delegates (CD), and Constitutional Conservers (CC) to reorganize the governance of the DAO. (CoinDesk)
Primitive Launches Beta Version of Open Source EVM Analysis Tool Arbiter
Otherside to Launch Collection-Based 2D Strategy Game LOTM
Odaily News THORChain, a decentralized cross-chain transaction protocol, tweeted that a dependency of THORChain is suspected to have a potential loophole that may affect THORChain. Out of prudence, transactions have been suspended and investigations are underway.
Otherside to Launch Collection-Based 2D Strategy Game LOTM
Odaily News Yuga Labs metaverse project Otherside announced that it will launch a collection-based 2D strategy game Legends of the Mara (LOTM), which will start after the "Otherside: 2 nd Trip" event ends.
The game introduces a new NFT series "Mara" that can evolve into Kodamara. The game starts with a Vessel NFT. Each Otherdeed holder can claim a Vessel NFT, and claims will open from early April. Each claimed Vessel will be sent to the Otherdeed holding wallet as an individual ERC-721 token with a new collection of smart contracts/NFTs. In addition to obtaining through claiming, Vessels can also be bought and sold through trading platforms. Beginning in May, players can prepare to defend the Otherside.
The game introduces a new NFT series "Mara" that can evolve into Kodamara. The game starts with a Vessel NFT. Each Otherdeed holder can claim a Vessel NFT, and claims will open from early April. Each claimed Vessel will be sent to the Otherdeed holding wallet as an individual ERC-721 token with a new collection of smart contracts/NFTs. In addition to obtaining through claiming, Vessels can also be bought and sold through trading platforms. Beginning in May, players can prepare to defend the Otherside.
Investment and Financing
Odaily News Crypto 1 announced the establishment of the C 1 secondary fund, with the goal of investing $500 million in the secondary market of blockchain, cryptocurrency, Web3 and financial technology companies. C 1 Secondary Funds are regulated private investment funds that seek to acquire secondary market assets, ie, purchase shares in existing private growth companies. (businesswire)
Rehypothecation Protocol EigenLayer Closes $50M Series A Funding Led by Blockchain Capital
Odaily News EigenLayer, the Ethereum re-pledging protocol, completed a US$50 million Series A round of financing, led by Blockchain Capital, and other investors such as Coinbase Ventures, Polychain Capital, Bixin Ventures, Hack VC, and Electric Capital participated in the investment. Previously, EigenLayer had completed a $14.5 million seed round led by Polychain Capital and Ethereal Ventures.
Rehypothecation Protocol EigenLayer Closes $50M Series A Funding Led by Blockchain Capital
EigenLabs, the development company behind EigenLayer, was founded in 2021 by Sreeram Kannan, an assistant professor at the University of Washington in Seattle. The company says it enables users to re-stake their ETH and innovate at the consensus layer without launching an entirely new blockchain. EigenLabs plans to roll out the initial release of EigenLayer in phases over the remainder of the year. (The Block)
Crypto Infrastructure Startup Conduit Raises $7M Seed Round Led by Paradigm
Odaily News Solana Ecological DeFi Derivatives Protocol Cega completed a US$5 million seed expansion round of financing, led by Dragonfly Capital, with participation from Pantera Capital and Robot Ventures. Cega's total funding to date brings it to $9.3 million.
The new funds will be used to expand its protocol on ethereum, with new products such as leveraged options set to launch on ethereum next week. Cega is also planning to launch a new market-making entity, Tras Mobian, next week, which will focus on both common and exotic cryptocurrency derivatives. (The Block)
The new funds will be used to expand its protocol on ethereum, with new products such as leveraged options set to launch on ethereum next week. Cega is also planning to launch a new market-making entity, Tras Mobian, next week, which will focus on both common and exotic cryptocurrency derivatives. (The Block)
Web3 social platform SO-COL completes USD 4.5 million in financing, DWF Labs and others participate in the investment
Metaverse construction company LandVault completes $3 million in financing, The Sandbox and others participate
The round is in addition to the $37 million the company has raised to date to build out Metaverse infrastructure and gaming technology. It first announced a $25 million Series B round in November 2021. (The Block)
pi Ventures completes Rs 220 crore financing, will invest in blockchain and other fields
Last November, Laser Digital, the crypto subsidiary of banking giant Nomura, announced an investment in Orderly Network at a $200 million valuation.
Last November, Laser Digital, the crypto subsidiary of banking giant Nomura, announced an investment in Orderly Network at a $200 million valuation.
Orderly Network was incubated by Near and Woo Network in 2021, mainly to provide infrastructure for spot order book transactions, and the main network was launched in October last year. (The Block)
Orderly Network was incubated by Near and Woo Network in 2021, mainly to provide infrastructure for spot order book transactions, and the main network was launched in October last year. (The Block)
Odaily News DAO Accelerator Seed Club announced its venture capital fund Seed Club Ventures has invested projects: Currently, Seed Club Ventures has invested in Internet-native projects including Guild, Stability AI, Lens Protocol, Coordinape and Molecule in the pre-seed round and seed round , The investment field covers cutting-edge fields such as artificial intelligence, decentralized scientific research and Web3 social networking.
global policy
global policy
The Ministry of Industry and Information Technology publicly solicits opinions on the "Guidelines for the Construction of Blockchain and Distributed Accounting Technology Standard System (2023 Edition)"
It is proposed that by 2023, the top-level design of the blockchain and distributed accounting technology standard system will be clarified, the general rules for the construction of the standard system and standard development will be studied, the relationship between standards will be clarified, and the development of basic common standards will be focused on, which will basically meet the needs of my country's regions. Blockchain and distributed ledger technology standardization requirements. By 2025, further improve the national blockchain and distributed accounting technology standard system, continue to promote blockchain and distributed accounting technology basic commonality, key application demonstration and security standards, and effectively guide the construction of my country's blockchain industry , Improving the level of technology and application services.
Odaily News Hong Kong regulators are holding meetings between cryptocurrency companies and bankers to facilitate financing in the industry. The roundtable will be held at the Hong Kong Monetary Authority on April 28 to facilitate direct dialogue and share practical experiences and perspectives on opening and maintaining bank accounts, according to details of the event seen by Bloomberg. The conference will be jointly organized by the Hong Kong Monetary Authority and the Securities and Futures Commission, the two regulators that oversee stablecoin and cryptocurrency exchanges. (Bloomberg)
European Parliament Economic Affairs and Home Affairs Committee Adopts Anti-Money Laundering Regulation, Decentralized Platforms Will Be Subject to AML Rules
Odaily News Members of the European Parliament's Economic Affairs and Home Affairs Committee voted 99 in favor, 8 against and 5 abstentions to approve the anti-money laundering regulations. After weeks of back-and-forth negotiations between policymakers and stakeholders, committee members agreed on their version of the text, which will go to a full vote in parliament. It will then enter inter-agency negotiations where Parliament, the European Council and the European Commission will need to reach an agreement.
If passed, credit and financial institutions would be required to take due diligence measures when implementing cryptocurrency transactions worth more than 1,000 euros ($1,080). In addition, there are enhanced due diligence measures for agency relationships with cryptocurrency service providers outside the EU, as well as for payments involving self-service wallets. Commercial relationships with unlicensed entities are prohibited. For commercial crypto payments, transactions from self-hosted wallets with a value over €1,000 will be restricted unless the wallet owner is identified.
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CFTC Chairman: Binance Case Is Continuing Fraud, Case Will Be Actively Argued in Court
Odaily News The chairman of the US Commodity Futures Trading Commission (CFTC) said that (when it comes to the trading platform Binance) this seems to be a very obvious case of tax evasion, and we need to actively intervene and act as soon as possible because this is an ongoing fraud. The evidence on the case speaks for itself and the case will be vigorously argued in court. (Golden Ten)
Former CFTC Chairman: Not All Cryptocurrencies Are Securities
Odaily News Christopher J. Giancarlo, former chairman of the U.S. Commodity Futures Trading Commission (CFTC), said that a U.S. central bank digital currency (CBDC) that protects privacy and has no monitoring tools can set global standards and achieve mass adoption. This is especially important at a time when some U.S. lawmakers at the state and federal levels are trying to keep CBDCs out.
Giancarlo said that the SEC and CFTC can make decisions on whether cryptocurrencies are securities or commodities in the short term, but ultimately it is up to Congress to make those decisions. “Certainly, we now very much need Congress to step in.” (CoinDesk)
CZ: Binance uses various methods to block American customers, and I have never participated in Binance Launchpad and futures trading
Odaily News Binance CEO CZ responded to the CFTC's civil lawsuit on the official website. Binance, which has been working with the CFTC for more than two years, expressed disappointment in filing a civil lawsuit against it. "After preliminary review, the complaint appears to contain an incomplete statement of facts, and we disagree with the description of many issues," including compliance technology and the prohibition of access by US users, cooperation and transparency with law enforcement, registration and licensing, and transactions.
