| India will launch a central bank digital currency; some tokens of Summit AscendEX were abnormally transferred out of the hot wallet (December 13)

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According to CS Setty, managing director of State Bank of India (SBI), India's largest commercial bank, central bank digital currency (CBDC) will soon become a reality and will play a key role in cross-border transactions. Currently, the Reserve Bank of India (RBI) is working on two sets of CBDCs - one based on wholesale accounts and the other on retail. "At a time when cryptocurrencies are likely to become an asset class, I think CBDCs will eventually change cross-border transactions. It's just a matter of time," Setty said, noting that rolling out a CBDC would create a lot of problems, such as "the bank's What will happen to the role of intermediaries”, “How will CBDC affect the country’s monetary and fiscal policies”, etc. (The Times of India)

cryptocurrency

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cryptocurrency

Data: Ethereum has achieved a record high market value

According to Glassnode data, Ethereum has achieved a market value of $224,064,904,941.23, a record high.

Crypto Payments Firm Flexa Adds Support for SHIB as a Payment Method

WikiLeaks has received more than $2 million worth of cryptocurrency donations, including 30.45 BTC, 225.2 BCH, 163.07 LTC, 84.01 ZEC, 145.45 ETH, etc. (Crypto Politan)

Blockchain industry

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Investment and Financing

Foreign media: Amazon invests in Wax blockchain-based NFT fragmented trading card market Dibbs

E-commerce giant Amazon recently invested in a fragmented sports trading card marketplace called Dibbs. Built on top of the Wax blockchain, the platform allows users to trade sports card fractional interests in real time. The report further added that the financial terms of Amazon's backing of Dibbs had not been disclosed. At present, Dibbs has officially launched a market called "Sell with Dibbs", which allows owners to sell their collections as well as some of their interests. (Bitcoin.com)

Gnosis CTO invests in liquidity unlocking platform Unbound Finance

Unbound Finance, a liquidity unlocking platform, tweeted that it has received support from prediction market protocol Gnosis CTO Stefan George as an angel investor.

Gnosis CTO invests in liquidity unlocking platform Unbound Finance

According to official news, SOUNI, a blockchain-based 3D MMORPG game, announced a financing of US$5 million, of which US$2.9 million came from private financing and US$2.1 million came from blind box sales. The private equity financing was led by Shima Capital and YBB Foundation, and about 50 institutions including GameStarter, Venture, Good Games Labs, Exnetwork Capital, AU21 Capital, X21, ZBS Capital, LaunchZone, Kyros Ventures, VBC Ventures, and Gains participated in the investment. The new financing will be used to build and upgrade the game's innovative features and expand SOUNI's market. The next milestone for SOUNI is to launch the MPV in January 2022, with the goal of attracting at least 5,000 players in the game.

security incident

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security incident
PeckShield: Estimated Peak AscendEX Losses Total $77.7M

PeckShield Inc., a security company, tweeted that it is estimated that AscendEX’s losses totaled $77.7 million (of which $60 million was on Ethereum, $9.2 million was on BSC, and $8.5 million was on Polygon) . At the same time, the list and amount of transferred assets on Ethereum are also provided.

Earlier news, according to the official announcement, at 6 o'clock on December 12th, Beijing time, the internal security audit report of Summit AscendEX found that some ERC-20, BSC and Polygon tokens were abnormally transferred out of the hot wallet of the exchange, and the cold wallet of AscendEX was not affected by this. impact of the event. The incident is being thoroughly reviewed by the Summit Security Team and users will be notified once all facts have been confirmed. If any user's funds are affected by this incident, it will be fully borne by AscendEX. In order to protect the security of user assets, we have suspended all currency deposits and withdrawals for a comprehensive security check. After ensuring safety, the deposit and withdrawal business will be resumed as soon as possible.
Gelato Network: There is a serious loophole in the Sorbet Finance contract, users are requested to take action as soon as possible

Gelato Network, an Ethereum smart contract automatic execution tool, tweeted that we have received an alert that Sorbet Finance's G-UNI router contract has a serious vulnerability. This vulnerability only affects users interacting with the Sorbet UI. No loss of funds. If you hold any positions on Sorbet, act now. Do not send any other transactions or your funds will be at risk until you complete the following steps: Log into Sorbet Finance /#/pools and follow the instructions to revoke all authorizations you have given to contracts at risk.

The official said that after receiving a warning from the white hat hacker samczsun, it has been working with Yash Shah (co-founder of Lemma Finance) to carry out white hat recovery, transferring all potentially vulnerable funds to a safe custody contract, This allows users to quickly withdraw their funds from the contract.
Analysis: Solana is not under DDoS attack, the actual problem has been resolved in the unreleased 1.9 version

Tomáš Eminger, head of validator and staking business at Rockaway Blockchain Fund (RBF), said on Twitter that "Solana was recently hit by a DDoS attack that caused TPS to drop": "This is not the DDoS network attack that many people say. Since December Since the 9th, the Solana network has not lost consensus, nor has it stopped running, but has slowed down to 1000 TPS four times. It seems that the Raydium robot is trying to pack large transactions into blocks, which consumes a lot of computing power, which is Measured by the BPF (Berkley Packet Filter) calculation unit (Solana does not count it into the packaging block logic), resulting in slow replay on the node, and then the problem cascades to the network, resulting in long slot confirmation time and slot Leaders lost blocks. From the AcceleRaytor page, it was Realy who conducted the IDO on December 9th and 10th. Can Raydium confirm this?"

The French technology company Ledger SAS, which provides services such as cryptocurrency purchase, storage and security, suffered a cyber attack in June 2020. Swiss Federal Councilor Alain Berset was one of the customers whose data was leaked, his address, private email and home phone The number was made public and his address and phone number in canton Friborg can be found on the dark web. Berset is the Minister of the Interior of Switzerland, and a spokesman for the department confirmed that Berset privately purchased cryptocurrencies a few years ago to understand how they work. The spokesperson did not reveal how much the politician invested or whether he still owns any cryptocurrencies. (BNN)

global policy

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Russia’s Federation Council (upper house) is forming a working group of experts that will be tasked with developing additional regulations for Russia’s growing crypto space. Cryptocurrencies are currently only partially regulated under the Digital Financial Assets Act, and officials have recognized the need to adopt more rules covering aspects such as circulation and taxation. In addition to lawmakers, the group will include representatives of the Ministry of Finance, the Ministry of Economic Development, Russia's financial regulator Rosfinmonitoring, the Ministry of Digital Development, the Federal Tax Service, the Central Bank of Russia and law enforcement agencies. Members of the cryptocurrency industry will also be invited, Nikolai Zhuravlev, deputy chairman of the Federal Council, announced at the Finopolis 2021 forum, Forklog reported. During an event on innovative financial technologies, Zhuravlev stated that the use of cryptocurrencies as a means of payment is banned in Russia. But then he also commented that whether other operations using digital currencies should be banned is a difficult and contentious question. (Bitcoin.com)

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Cao Yin: Encrypted art is most likely to become a breakthrough in Web3

Cao Yin, managing director of the Digital Renaissance Foundation, tweeted that where might the Web3 revolution break? It's hard to say in the long run, but in the short term, encrypted art is the most likely. Art naturally focuses on content, and there are no technical and financial barriers. The most important thing is that it is fun and diverse, with community attributes, and everyone can find a bosom friend. Compared with DeFi, games, social networking and other tracks, it is inevitable for encrypted art to become a breakthrough in Web3. Since the Renaissance, art and artists have played the role of standard bearers in previous social revolutions, and this time it will be the same.

Rich Dad Poor Dad Author: Predict Gold, Silver, Bitcoin, and Real Estate Are Coming to Crash, and Prepare to Buy the Bottoms

Rich Dad Poor Dad author Robert Kiyosaki says a market crash and the Great Depression are coming, predicting that "gold, silver, bitcoin and real estate will also crash." Then buy all four types of investments. (Bitcoin.com)