Star Project Weekly | Meta, Twitter explore NFT display function; BAYC development team launches mobile game (1.17-1.23)
During the week from January 17th to January 23rd, the events worthy of attention in the progress of star projects include:Blizzardfund Announces $200 Million Avalanche Eco Fund；MetaMask announces MetaMask Flask, a developer-focused MetaMask distribution；Aave community voted to deploy Aave V3 proposal on Arbitrum；OpenSea Acquires Cryptocurrency Lending Platform and Digital Wallet Dharma Labs；Animoca Brands Completes $358 Million Financing；BAYC development team Yuga Labs launched the mobile game "Apes vs. Mutants"。
Bottom layer - public chain
Bottom layer - public chain
Solana engineers released the mainnet beta 1.8.14 version on Github, which aims to alleviate the impact of excessive repeated transactions on network validators. It is said that program cache exhaustion is the main reason for the performance degradation of the recent Solana mainnet beta version. The development team has improved this problem in version 1.8. Pressure from the validator network. At present, the above functions are only released on the testnet, and the team expects to introduce more improvements in the next 8-12 weeks. (Solana Status)
On January 17, the Blizzard Fund was announced to be established. The fund is invested by the Avalanche Foundation, Ava Labs, Polychain Capital, Three Arrows Capital, Dragonfly Capital, etc., with a scale of more than 200 million US dollars. The fund will primarily support the development, growth and innovation of the Avalanche ecosystem.
Terra established the Luna Foundation Guard, an ecological foundation, to provide grant funding
The Terra public chain announced the establishment of the non-profit foundation Luna Foundation Guard (LFG), which is composed of Terra founding members and an expert committee. It is said that the committee is committed to the stability and adoption of UST, and will promote the development of various community-driven activities through targeted grants (Grants) and funds. The specific list of members includes Do Kwon, founder of Terra, Nicholas Platias, founding member of Terra, and Remi Tetot, Jonathan Caras, Jose Maria Delgado, Kanav Kariya, and Bill Chin of the governance committee.
DFINITY Foundation: The new white paper of ICP has been released
The DFINITY Foundation tweeted that the new version of the ICP white paper "The Internet Computer for Geeks" was released. Users can understand the Internet Computer (Internet Computer) architecture, and gain an in-depth understanding of the Chain Key encryption technology that constitutes ICP, container smart contracts, and multiple encryption engineering breakthroughs.
The privacy public chain Secret Network announced its $400 million ecological fund, including a new $225 million ecological fund and a $175 million accelerator pool. Investors include DeFiance Capital, Arca, Alameda Research, ArkStream Capital, Bison Fund, CoinFund, Dragonfly Capital, Fenbushi Capital, HashKey Capital, Huobi Capital, Kucoin Labs, NGC, etc.
The $225 million eco-fund is jointly funded by 25 existing ecosystem investors and partners, and aims to expand Secret Network's application layer (including DeFi and NFT), network infrastructure and tools.
Astar Network, the DApp center of Polkadot chain, announced the launch of the mainnet
Astar, the multi-chain DApp center, announced that the main network is officially launched on Polkadot. Developers can use its developer tools to build DApps on Polkadot. Both transactions and EVM have been enabled.
Bottom-Layer2
Bottom-Layer2
The Polygon network has reached the block height of the London hard fork
According to PolygonScan data, the Polygon network has reached the block height of the London hard fork.
According to previous news, Polygon will carry out a London hard fork upgrade at block height 23,850,000, activate EIPs such as EIP1559, and introduce a combustion and destruction mechanism.
According to official news, Optimism, the second-layer expansion plan of Ethereum, said that it has found a way to reduce the average transaction fee by another 30%, which may be deployed later.
Ethereum Layer 2 Privacy Solution Aztec Network Launches Grants Program
infrastructure components
infrastructure components
MetaMask announces MetaMask Flask, a developer-focused MetaMask distribution
According to official news, MetaMask announced the launch of MetaMask Flask: a developer-centric MetaMask distribution for experimenting with its cutting-edge features.
Snaps are the first feature released through Flask, Snaps allow developers to extend the functionality of MetaMask at runtime without MetaMask involvement.
On January 18, Snapshot officially announced that it plans to release Snapshot X in the second quarter of 2022. This is a voting framework based on StarkNet (Layer 2 ZK-Rollup), which allows any DAO to run on-chain governance on Layer 2 and run on Ethereum. Execute transactions online. According to Snapshot officials, the cost of voting on Snapshot X is about 1,000 gas, or about 50 to 100 times cheaper than Ethereum. It is reported that Snapshot X will be open to all DAOs later in the third quarter of 2022. Initially, only ERC-20 and delegated voting strategies will be supported, and support for ERC-721 and multi-chain will be added later.
Application layer - DeFi
Aave community voted to deploy Aave V3 proposal on Arbitrum
According to Snapshot data, the proposal to deploy Aave V3 on Arbitrum was passed with the highest number of votes in history after a week of community voting, with a total of 580,000 AAVEs voting for it.
1inch Network has been deployed on Avalanche and Gnosis Chain
According to official news, 1inch Network announced that it has been deployed on Avalanche and Gnosis Chain (formerly xDai Chain), aiming to provide users with more fast and cheap transaction options.
Andre Cronje's new project Solidly will take an airdrop snapshot on January 23
Andre Cronje, the founder of Yearn.finance, posted a picture on Twitter, saying that the new project Solidly (formerly "ve(3,3)") will take an airdrop snapshot on January 23.
Application layer-NFT
Application layer-NFT
According to official news, OpenSea announced the launch of the NFT security team. Current members include Arweave, Blockade, Games, Coinbase, Foundation, Horizon Blockchain Games, Protocol Labs (IPFS), Known Origin, MakersPlace, Manifold, MetaMask, Nifty Gateway, OpenSea, Polygon, Rarible, SuperRare, WalletConnect, Zora, currently new members only accept invitations, members will have the opportunity to vote and collectively issue invitations to new members. This group will focus on cross-platform security.
OpenSea Acquires Crypto Lending Platform and Digital Wallet Dharma Labs for Undisclosed Amount
OpenSea announced on Tuesday that it has acquired cryptocurrency lending platform and digital wallet Dharma Labs for an undisclosed sum. Dharma Labs will effectively shut down, and its co-founders Nadav Hollander and Brendan Forster will become OpenSea's new chief technology officer and head of strategy, respectively.
The Dharma smart wallet will be deactivated within 30 days, and users have until February 18, 2022 to withdraw or sell their funds without paying any fees. (Cointelegraph)
NFT market LooksRare airdrop application extension
News Ethereum NFT badge application POAP announced the completion of $10 million in financing, led by Archetype and Sapphire Sport LLC, Collab Currency, 1KX, Libertus Capital, Red Beard Ventures, 6th Man Ventures, Delphi Digital, A Capital, Sound Ventures, Advancit Capital and The Chernin Group participated in the investment. (Decrypt)
Ethereum NFT Badge App POAP Announces $10M Funding Led by Archetype and Sapphire Sport LLC
News Ethereum NFT badge application POAP announced the completion of $10 million in financing, led by Archetype and Sapphire Sport LLC, Collab Currency, 1KX, Libertus Capital, Red Beard Ventures, 6th Man Ventures, Delphi Digital, A Capital, Sound Ventures, Advancit Capital and The Chernin Group participated in the investment. (Decrypt)
Meta plans to let users display NFTs on its social platforms Facebook and Instagram, several people familiar with the matter said. Also working on a prototype to help users mint NFTs.
Twitter Blue Launches NFT Profile Photo Verification Feature
Twitter announced the NFT profile avatar verification function, and certain users will be able to import NFT from their encrypted wallets and set them as Twitter avatars. Through the use of the OpenSea API, metadata and collection verification, the integration allows users to seamlessly verify ownership and discover key NFT information, including the NFT name, its original creator, its collection description and other attributes of the artwork.
LINE will launch a one-stop NFT platform DOSI in the first quarter
The social networking giant LINE announced that it will launch DOSI, a one-stop NFT platform built by LINE NEXT, to users in 180 countries and regions around the world in the first quarter of this year. The name DOSI comes from the Korean word for "city".
It is reported that DOSI will provide three major services: DOSI Store, DOSI Wallet, and DOSI Support, including NFT production and marketing support. Creators can put their works on DOSI shelves, and the platform will provide NFT wallets for users. Collectors Cryptocurrencies (such as ETH, BTC) or credit cards can be used. (Iphonewired)
Mercedes-Benz to launch NFTs with 5 artists
Luxury car brand Mercedes-Benz has announced a partnership with Art2People to create Mercedes-Benz NFT collectibles based on its G-Class model range.
Five artists were commissioned to create a variety of G-Class-inspired pieces across a range of media, creating unique designs for each artwork. These artists include Charlotte Taylor, Anthony Authie, Roger Kilimanjaro, Baugasm, Antoni Tudisco. Nifty Gateway and Mercedes will launch their NFTs on Sunday. (Cointelegraph)
adidas Originals and Prada to launch Polygon-based NFT
Sportswear giant adidas Originals and Italian luxury fashion brand Prada will cooperate to launch an NFT project based on the Polygon network. The adidas for Prada Re-source program will allow fans to contribute their own designs. From January 24th, users can register digital wallets and contribute anonymous photos to the project. Digital artist Zach Lieberman will select 3,000 community-cast NFT artworks and create a separate NFT. NFT works will be auctioned on the digital art market SuperRare from January 28th to 31st, and the sales proceeds will be donated to Slow Factory, a charity supporting artists and creators.
GUCCI will release SUPERGUCCI NFT on February 1
News Gucci (GUCCI) will conduct its first NFT Drop through GucciVault on February 1. It is reported that the first batch of 10 SUPERGUCCI NFTs were jointly created by SUPERPLASTIC.
SUPERGUCCI is a super limited edition NFT series collection (consisting of three parts) co-created by GUCCI creative director Alessandro Michele, synthesis artist Janky and Guggimon.
Football star Neymar buys BAYC NFT and replaces it with Twitter avatar
Soccer star Neymar Jr owns two Bored Ape Yacht Club NFTs. He has spent over $1 million in digital tokens and ENS addresses.
Neymar tweeted his Bored Ape Yacht Club #6633 and replaced it with his Twitter avatar. According to OpenSea historical data, Neymar purchased the NFT for 159.99 ETH. This means that in less than a month, the selling price of BAYC #6633 has increased from 96 ETH to 159.99 ETH, an appreciation of more than 66%.
Edison Chen released NFT related notices on Twitter
On January 21, Edison Chen tweeted "IT BEGINS", tagged with the topic #edcnft3000, and attached relevant pictures.
Animoca Brands announced the completion of financing of US$358,888,888, with a pre-financing valuation of US$5 billion. The round was led by Liberty City Ventures, with participation from 10T Holdings, C Ventures, Delta Fund, Gemini Frontier Fund, Gobi Partners Greater Bay Area, Kingsway, L2 Capital, Mirae Asset, Pacific Century Group, ParaFi Capital, Provident, Senator Investment Group, Sequoia China, Smile Group, Stable Asset Management, Soros Fund Management, Wildcat Capital Management, Winklevoss Capital, etc. participated in the investment.
Application Layer - Game
Animoca Brands Closes $358M Funding Led by Liberty City Ventures
Animoca Brands announced the completion of financing of US$358,888,888, with a pre-financing valuation of US$5 billion. The round was led by Liberty City Ventures, with participation from 10T Holdings, C Ventures, Delta Fund, Gemini Frontier Fund, Gobi Partners Greater Bay Area, Kingsway, L2 Capital, Mirae Asset, Pacific Century Group, ParaFi Capital, Provident, Senator Investment Group, Sequoia China, Smile Group, Stable Asset Management, Soros Fund Management, Wildcat Capital Management, Winklevoss Capital, etc. participated in the investment.
BAYC development team Yuga Labs launched the mobile game "Apes vs. Mutants"
According to official news, the Move to Earn game STEPN announced the completion of a $5 million seed round of financing, led by Sequoia Capital and Folius Ventures, Solana Capital, Alameda Research, 6th Man Ventures, DeFi Alliance, M13, Corner Ventures, Sfermion, Zee Prime Capital , Lemniscap, Spark Digital Capital, MorningStar Ventures, Openspace Ventures, Solar Eco Fund and WelinderShi Capital participated. Angel investors including Santiago R Santos and Zhen Cao (Asia Partner of Republic) also participated in this round of financing.
STEPN Closes $5 Million Seed Funding Led by Sequoia Capital and Folius Ventures
According to official news, the Move to Earn game STEPN announced the completion of a $5 million seed round of financing, led by Sequoia Capital and Folius Ventures, Solana Capital, Alameda Research, 6th Man Ventures, DeFi Alliance, M13, Corner Ventures, Sfermion, Zee Prime Capital , Lemniscap, Spark Digital Capital, MorningStar Ventures, Openspace Ventures, Solar Eco Fund and WelinderShi Capital participated. Angel investors including Santiago R Santos and Zhen Cao (Asia Partner of Republic) also participated in this round of financing.
The first chain game "MadMusk" of the blockchain game project "HAGLIEN" developed and supported by the famous Japanese game manufacturer KONAMI has released a test version to start internal testing, and recently announced that it will Open the exclusive NFT props of the "Castlevania" (Castlevania) series in the game, including weapons, skins, bonus props, etc., and will open exclusive level copies. At the same time, it may also support the "Castlevania" (Castlevania) series of NFTs to be used to some extent in the game.
Chain game community ParagonsDAO announced the details of the first PDT
security incident
security incident
Some Crypto.com Accounts Hacked, Losing At Least $15 Million
Some Crypto.com accounts appear to have been hacked, losing $15 million and at least 4,600 ETH, half of which are currently being laundered through Tornado Cash, according to security agency PeckShield on Twitter.
PeckShield: Multichain vulnerability may have been exploited, more than 450 ETH stolen
In response to the previous "Multichain discovered and successfully repaired the vulnerability affecting six tokens including WETH", PeckShield tweeted that the vulnerability seems to have been exploited, and attached the stolen funds (more than 450 ETH, worth about 1.43 million US dollars) ) The current storage address: 0x4986e9017eA60e7AfCd10D844F85c80912C3863c.
Earlier news, the cross-chain bridge Multichain stated that the official found an important vulnerability affecting six tokens of WETH, PERI, OMT, WBNB, MATIC, and AVAX. Now the vulnerability has been successfully repaired, and all users' assets are safe. , cross-chain transactions will not be affected. However, if the user has authorized these six assets, he needs to log in and revoke the authorization as soon as possible, otherwise the assets may be at risk.
Afterwards, Multichain tweeted that according to tracking data, a white hat hacker had returned 259 ETH. At the moment, 602.693538 ETH is still stolen, and the team is working to recover more funds.
PeckShield: DEX Crosswise was attacked and lost about $879,000
The security company PeckShield tweeted that DEX Crosswise was attacked, causing the protocol to lose about $879,000 in funds.
PeckShield explained that the hackers used a public privileged function to set trustedForwarder and further hijack the owner privileges of Crosswise MasterChef.
According to recent research, MetaMask crypto wallet users may be at risk of losing all their digital assets. Security analyst and cryptographer Alexandru Lupascu, co-founder of the OMNIA protocol, discovered the vulnerability in the popular Web 3.0 wallet.
Lupascu discovered that a malicious party could simply create an NFT and obtain a user's IP address by transferring free ownership of that NFT. Hackers can attack someone's privacy for as little as $50. He mentioned, "Don't underestimate the risks associated with IP leaks."
PieDun: There is a loophole in the NFT project Crypto Burger Token contract
On January 17, according to the official news of Paidun, there is a loophole in the Token BURG contract of the Crypto Burger project, and the loophole is currently being exploited. The Crypto Burger project is an NFT project on the BSC chain. The project party announced on social media seven hours ago that all wallets and Token liquidity have been locked.
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