| dYdX officially issued the protocol token DYDX; Axie Infinity exceeded 800,000 DAU in July (August 4th)

Azuma

Odaily资深作者

@azuma_eth

2021-08-04 08:00 (UTC+8)

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The total supply of DYDX is 1 billion, of which 75 million will be airdropped to old users.

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The total supply of DYDX is 1 billion, of which 75 million will be airdropped to old users.

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The dYdX decentralized derivatives protocol officially launched the protocol token DYDX at 23:00 on August 3 (UTC+8). It is reported: dYdX With an industry-leading product and a strong organic growth trajectory, the dYdX protocol is ready to enter the next stage of its development-handing over control to the community through the launch of DYDX.
According to the official announcement, DYDX is a governance token that is mainly used for dYdX protocol governance and fee discounts. Allow the dYdX community to hold and vote to govern the dYdX protocol, while coordinating incentives among traders, liquidity providers, and partners on the protocol.
According to the official announcement, DYDX is a governance token that is mainly used for dYdX protocol governance and fee discounts. Allow the dYdX community to hold and vote to govern the dYdX protocol, while coordinating incentives among traders, liquidity providers, and partners on the protocol.
DYDX has formed a robust ecosystem around governance, rewards, and staking, designed to drive the future growth and decentralization of the dYdX protocol. Launched alongside DYDX are two staking pools designed to enhance liquidity and security on the dYdX protocol. Setting up a reward program for users who trade and provide liquidity on the dYdX protocol, as well as those who have used all dYdX protocols in the past, will help drive the growth and usage of the dYdX protocol.

A total of 1,000,000,000 DYDX tokens have been minted on dYdX, and the initial five-year distribution of the total DYDX supply is as follows: 50.00% to the community (25.00% to users transacting on the dydx layer 2 protocol, 7.50% to transactions done on the dydx layer 2 protocol Past users of certain transaction milestones, 7.50% are paid to liquidity providers, 5.00% are deposited in the community treasury, 2.50% are allocated to users who pledge USDC in the liquidity pledge pool, and 2.50% are allocated to pledge DYDX in the security pledge 27.73% to past investors; 15.27% to founders, employees, advisors of dydx trading or foundation; 7% to future employees and advisors of dydx trading or foundation.

NFT game Axie Infinity released progress in July: DAU exceeded 800,000, and the battle system Battles V2 will be launched
According to official news, the NFT game Axie Infinity released the July development update:
1. The Axie protocol has generated more fees than any other crypto product over the past 30 days, including Bitcoin and Ethereum.
2. Axie is the No. 1 NFT product in terms of 30-day transaction volume, reaching $670,371,006.
3. DAU exceeded 800,000 in July. According to this speed, it will soon become the first NFT project to reach 1 million daily active users.
5. Ronin is an NFT game expansion solution starting from Axie. It is an Ethereum sidechain commonly used for NFTs. Ronin's deposit assets exceeded $500 million. Ronin Wallet has been downloaded more than 1 million times. Getting ready to launch AXS staking.

NFT marketplace platform OpenSea's daily trading volume exceeds its 2020 total

Encryption Index Protocol Levyathan Official: The Attack Caused Nearly $1.5 Million in Losses, and Plans to Require Partial Compensation from Certik
Data from DappRadar shows that the current daily trading volumes of SuperRare and Rarible are $543,000 and $248,000, respectively. According to Dune Analytics, SupeRare processed about $6 million in transactions last year, which equates to an average of about $16,400 per day. As a result, since 2020, SupeRare's daily transaction volume has increased by more than 33 times. (Cointelegraph)

Hodl Hodl, a peer-to-peer bitcoin trading platform, claims that some users' payment passwords may have been leaked

Hodl Hodl, a peer-to-peer bitcoin lending and trading platform, said that in recent internal and external audits, it was found that some users' payment passwords may have been leaked, and measures are being taken to ensure the safety of users' funds, such as building tools to transfer funds from old custody to New escrow addresses, migration or liquidation of some user contracts to prevent potential loss of funds, etc.

Encryption Index Protocol Levyathan Official: The Attack Caused Nearly $1.5 Million in Losses, and Plans to Require Partial Compensation from Certik

According to official news, the encryption index protocol Levyathan released an update stating that it was attacked on July 30, and hackers minted 100,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000 of which caused the price of LEV to return to zero and caused a loss of about 1.5 million US dollars. According to Levyathan, due to a serious negligence of the developer, the developer's private key was made public on Github. In addition, regarding the emergency withdrawal vulnerability, which is the second reason for the attack, Levyathan confirmed that there is a serious negligence in the audit part of Certik. During the audit, Certik did not notice a bug that led to the emergency withdrawal function.
Levyathan has created a wallet where users who receive too much funds during the emergency withdrawal function can return the funds. Currently, $150,000 has been recovered and is discussing with other users to recover the funds as soon as possible. On the other hand, the team is currently in discussions with Certik, and Levyathan claimed that Certik was partly responsible for the loss of funds and intends to require them to reimburse its users. Additionally, Levyathan said that V2 will be launched along with new tokens.

digital currency

Miami to Launch MiamiCoin on August 3rd, City Investors Rewarded with BTC and STX

Miami will launch its own cryptocurrency MiamiCoin (MIA) on August 3 local time, which will be used to fund infrastructure projects or activities in the city. MiamiCoin will provide the city with a continuous stream of cryptocurrency income, while also generating STX and BTC yields for holders. MiamiCoin can be mined or purchased by individuals who want to support the city and receive crypto earnings from the Stacks protocol. As more and more tokens are mined, a portion of the tokens will be deposited into a wallet that can be used by the local government for any purpose, such as infrastructure. It is reported that MiamiCoin will be the first CityCoin released. CityCoin is a project that lets people invest in cities by buying tokens. It works with local governments to offer investors Bitcoin or STX, the native token of the Stack protocol, as rewards.

Data: The weekly trading volume of NFT exceeded 300 million US dollars for the first time, a surge of more than 70% from the peak in July

According to data collected by The Block, the weekly trading volume of NFTs exceeded 300 million US dollars for the first time, which is about 339 million US dollars. This figure is an increase of more than 70% compared to mid-July, when NFT weekly trading volume peaked at $209.27 million. Prior to this, February reported a peak weekly trading volume of $197 million. CryptoPunks accounted for the majority of trading volume in the most recent week, reaching $207 million. Axie Infinity is $127 million and NBA Top Shot is $4 million. The average NFT transaction value has also risen to $34,600 following a series of CryptoPunk sales earlier this week.

According to data from DappRadar, which tracks and analyzes decentralized applications, CryptoPunks NFTs have seen more than $120 million in trading volume over the past seven days, a surge of 1,270%. According to Larva Labs, all CryptoPunks were sold for 263,180 ETH, worth approximately $670.29 million. (The Daily Hodl)

Uniswap founder Hayden Adams buys NFT CryptoPunk 6055

Uniswap founder Hayden Adams paid 78.99 ETH (approximately $202,000) to buy NFT CryptoPunk 6055.

1inch said that the London upgrade will invalidate the CHI it launched to optimize transaction costs on the chain

1inch, a decentralized transaction aggregation platform, stated that the upcoming Ethereum London upgrade will invalidate the gas token GST2 and the gas token CHI released by 1inch that can optimize transaction costs on the Ethereum chain.

HSBC UK blocks user payments to Binance exchange

HSBC said on Tuesday that it is "where possible" preventing British customers from paying with credit cards to Binance. The decision followed the UK’s Financial Conduct Authority (FCA) announcement in June that Binance would not allow any regulated activities in the country. HSBC has been contacting customers to advise them to stop making payments until further notice. A spokesperson for HSBC confirmed that changes in the cryptocurrency space have been communicated to HSBC UK customers, with a particular emphasis on high standards for anti-money laundering (AML) and KYC, and are closely monitoring developments in these markets, customer demand and regulatory changes . (CoinDesk)

secondary title

Blockchain industry

China Academy of Information and Communications Technology released the underlying blockchain platform of "Xinghuo Chain Network"

On August 3, at the "Digital Infrastructure and Ecological Development" forum of the 2021 Global Digital Economy Conference, the China Academy of Information and Communications Technology released the "Spark Chain Network" underlying blockchain platform (BIF-Core). The release of BIF-Core means that the entire "Xinghuo Chain Network" national infrastructure main chain has officially started operation. This technology will be used to facilitate the digital transformation of enterprises and the construction of future cities. (Interface News)

The new government service model of "Blockchain + Cross-province Office" in Haidian, Beijing has achieved initial results

In the first half of this year, Haidian District of Beijing signed inter-provincial cooperation agreements with 7 cities and regions including Foshan, Tianjin, Hebei, Sichuan, and Huairou districts. 14 cases have been handled and more than 200 inquiries have been made. The new government service model of blockchain + cross-province service has achieved initial results. Haidian District is based on the self-controllable Chang'an chain alliance, with "consensus" as the core concept, and launched a new government service model of "blockchain + cross-provincial handling". By focusing on breaking through the differences in regional resource endowments and work processes, etc., giving full play to the advantages of blockchain technology, building an "on-chain consensus" mechanism, breaking the boundaries of space and region, and providing service companies and the public with collection and handling of materials in different places Smart verification, mutual recognition of work results, approval data on-chain and other "full-link, diversified" cross-provincial service channels have solved the pain point of "traveling to multiple places and returning to and from" for the public. (Officially released by Beijing Haidian)

Hulunbeier Intermediate People's Court: It is actively preparing for the construction of the judicial blockchain, which has entered the trial operation stage

The official account of Hulun Buir Intermediate People's Court In order to improve the evidence rules of intellectual property litigation, support parties to save, fix and submit evidence through blockchain, time stamps, etc. Actively raise funds to build a judicial blockchain, so as to protect intellectual property rights at the source before litigation, and provide efficient and convenient technical support for intellectual property cases entering litigation procedures. At present, the system test has been completed, and the data docking has been completed with some notaries and relevant intellectual property case agencies and other relevant departments. The platform has entered the trial operation stage. Integrate judicial channels through the judicial blockchain, thereby promoting the application innovation of the integration of the judicial blockchain platform of the Supreme Court and the intellectual property scene. ,Constructing a new development pattern of the data technology platform. (WeChat public account @Hulunbo City Intermediate People's Court)

Minsheng Bank: Three major blockchain platforms have been built so far

The person in charge of the information technology department of Minsheng Bank recently revealed that the bank is actively exploring the application of blockchain scenarios. As the first batch of members in China, it has joined the R3 blockchain alliance and has built "three major blockchain platforms", namely : Blockchain open service platform (BaaS), blockchain electronic certificate deposit service platform and blockchain trade financial service platform. In addition, Minsheng Bank has also actively participated in the drafting of industry standards such as the "Financial Blockchain Application Evaluation Rules", "Financial Blockchain Reference Architecture", and "Digital Financing Technical Specifications", formulated a strategic development plan for technology finance, and determined areas The planning and implementation plan for the innovative application of the block chain, and the establishment of a block chain laboratory, has laid a solid foundation for further application exploration. (Sanjin Fortune)

Cryptocurrency tax analysis firm ZenLedger closes $6 million Series A round led by Bloccelerate VC

Investment and Financing

Cryptocurrency tax analysis firm ZenLedger closes $6 million Series A round led by Bloccelerate VC

Cryptocurrency tax analysis and blockchain analysis company ZenLedger announced the completion of $6 million in Series A financing, led by Bloccelerate VC, Mark Cuban's Radical Ventures, G1 VC, Borderless Capital, 4RC, Centrality, BIGG Digital Assets, CoinGecko, Accelerator Ventures , as well as angel investors Jon Staenberg and Darren Lau. (PR Web)

Fortune 500 Company NCR Corporation to Acquire Bitcoin ATM Operator LibertyX

Fortune 500 enterprise software company NCR Corporation has signed a definitive agreement to acquire Bitcoin ATM operator LibertyX. The transaction is expected to close later this year, subject to customary closing conditions, including regulatory approvals. LibertyX co-founder and CEO Chris Yim said this is the first time a bitcoin ATM operator has been acquired by a company, both public and private.

Inveniam Capital Partners Acquires Blockchain Innovation Firm Factom

Inveniam Capital Partners announced that it has acquired Factom, an Austin-based blockchain innovation company. Financial terms of the transaction were not disclosed. Through this acquisition, Inveniam has obtained nearly 40 basic blockchain patents. With its existing patent portfolio, Inveniam has become the 8th largest blockchain patent holder in the United States, second only to Intel and ahead of Microsoft and Fidelity. Invest, Capital One and Bank of America. As part of the deal, Factom founder and renowned blockchain pioneer Paul Snow has joined Inveniam as Chief Blockchain Scientist; Factom Chief Operating Officer Jay Smith has also joined the company as a Distinguished Engineer. (PR Newswire)

High-frequency trading firm Jump Trading is set to acquire blockchain infrastructure firm Certus One, marking the firm's first acquisition in the cryptocurrency space. Certus One founder Hendrik Hofstadt will serve as Jump's Director of Special Projects. Details of the transaction have not been disclosed yet. (The Block)

global policy

Shanghai Headquarters of the People's Bank of China: Continue to prevent the risks of virtual currency transactions and ICO token issuance

On August 3, the Shanghai Headquarters of the People's Bank of China held a work conference for the second half of 2021, conveying the spirit of learning from the work video conference of the People's Bank of China and the State Administration of Foreign Exchange in the second half of 2021, summarizing the main work of the Shanghai Headquarters in the first half of the year, and making deployments for the second half of the year. The meeting pointed out that financial supervision and risk prevention and control should be steadily promoted to maintain the overall situation of local financial stability. Further play the leading role of the local coordination mechanism of the Office of the Financial Commission, convey and implement the spirit of important documents of the Financial Commission such as the "Accountability Measures for Preventing and Resolving Major Financial Risks" in a timely manner, consolidate the responsibility of all parties to deal with risks, and further strengthen the joint efforts of the work. Continue to prevent the risks of virtual currency transactions and ICO token issuance, and urge the rectification of newly discovered illegal businesses. Cooperate with the local government to promote the withdrawal of online lending institutions in a steady and orderly manner. Maintain a high-pressure crackdown on illegal foreign exchange transactions such as online foreign exchange speculation and underground banks. Strengthen supervision, law enforcement inspection and punishment in the fields of payment and settlement, anti-money laundering, credit investigation, cross-border funds, etc., and "zero tolerance" for various violations of laws and regulations. (People's Bank of China Shanghai Headquarters)

Beijing Municipal Government: It is necessary to advance the layout of the blockchain and accelerate technological breakthroughs such as consensus mechanisms, distributed storage, and cross-chain protocols

The General Office of the Beijing Municipal Committee of the Communist Party of China and the General Office of the Beijing Municipal People's Government issued the "Beijing Guidelines on Accelerating the Construction of a Global "Implementation Plan for Digital Economy Benchmarking Cities" notice, the notice pointed out that it is necessary to deploy blockchain in advance, and speed up the consensus mechanism, distributed storage, and cross-chain protocols around the direction of blockchain high performance, security, privacy protection, and scalability. , smart contracts and other technological breakthroughs, to achieve key technological breakthroughs in the performance of large-scale blockchain algorithms, and to activate ultra-large-scale data element assets through aggregation, take the lead in building data-native urban infrastructure, and focus on building an open and interconnected international data hub. The world's leading new digital economy system.

The Fujian Development and Reform Commission has set up a special fund for the development of the digital economy, and plans to arrange a special support fund for the blockchain of about 20 million

The Fujian Provincial Development and Reform Commission issued a notice from the Fujian Provincial Department of Finance of the Fujian Provincial Development and Reform Commission on organizing the declaration of special funds for the development of the digital economy in 2021, such as artificial intelligence, 5G, and blockchain. According to the relevant requirements of "Several Measures to Support Blockchain Technology and Industrial Innovation and Development", a special fund for digital economy development will be established, and the direction of blockchain will focus on supporting blockchain demonstration applications and blockchain innovative products. The fund is about 20 million yuan, and no more than 20 projects will be supported. Among them, blockchain demonstration application projects can receive a maximum of 3 million yuan in subsidies, and blockchain innovative products can receive a maximum of 2 million yuan in subsidies.

The Legislative Investigation Office of the National Assembly of South Korea: The standards for token listing and listing should be formulated by the Financial Services Commission, and public officials should report virtual asset holdings

In the 2021 national audit issue analysis report released by the National Assembly Legislative Investigation Office of South Korea, the National Assembly Legislative Investigation Office suggested to the Financial Services Committee that it is necessary to review guidelines to improve the transparency of listing and delisting of virtual asset exchanges. Issuers and investors may suffer unexpected losses if exchanges decide to terminate trading support and standards without a transparent process. Therefore, it is necessary to formulate regulations related to listing and delisting directly at the regulatory level.

South Korea proposes to amend part of the special law to meet the requirements to issue real-name bank accounts

According to news on August 3, South Korean opposition lawmakers are promoting a plan to propose a bill to amend part of the "Report and Use of Specific Financial Transaction Information Act" (special law) within this week. The bill designates a specialized bank that can guarantee the issuance of real-name accounts when virtual currency exchanges meet certain requirements, and extends the reporting period of exchanges to six months. According to the current special regulation law, virtual currency exchanges that support Korean won transactions must meet ISMS certification, account real-name security and other requirements, and report to the FSC before the 24th of the next month. Currently, except for the four major exchanges Upbit, Bithumb, Coinone and Korbit, no other exchange supports real-name accounts for Korean won transactions. (Yonhap News Agency)

New proposals for a digital switchover law drafted by a group of Spanish lawmakers would allow mortgage payments in Spain with cryptocurrencies. A new draft submitted by Spanish MPs will regulate and legalize a host of emerging technologies in the country, including bitcoin, blockchain and artificial intelligence (AI). The draft law also includes other incentives such as tax breaks for companies and organizations that use and create solutions based on these technologies. What’s more, the draft law considers the prospect of homeowners paying their mortgages in cryptocurrencies, encouraging the use of these assets as a means of transaction. However, the plan also allows investment companies to develop their own cryptocurrencies to buy mortgages from banks. (Finbold)