| MIAX completed the acquisition of LedgerX; Tornado.Cash was attacked by governance (May 22)
headlines
headlines
MIAX Completes Acquisition of LedgerX
Odaily News Miami International Holdings, Inc. (MIH)'s Miami International Securities Exchange (MIAX) has completed the acquisition of LedgerX, which is one of the FTX assets approved by the court for sale in January this year. LedgerX is an exchange and clearinghouse regulated by the Commodity Futures Trading Commission (CFTC), and is registered with the CFTC as a Designated Contract Market (DCM), Derivatives Clearing Organization (DCO), and Swap Execution Facility (SEF). FTX.US acquired LedgerX in August 2021.
Evmos said that the joint venture made substantial contributions to the project and left because of disagreements on some issues. Evmos is currently working with it to transfer tokens back to the Evmos Foundation. The Evmos Foundation and the core contribution team utterly reject this behavior which only damages trust in the project.
Evmos: Resigned Lianchuang tried to sell 500,000 EVMOS, and is cooperating with it for recycling
Odaily News Evmos, the Cosmos ecological EVM compatible chain, tweeted that the team noticed that the resigned co-founder had been trying to sell 500,000 EVMOS tokens on Osmosis, which held 34 million EVMOS and pledged 11.5 million EVMOS . The initial lock-up period of the tokens in this address is one year, which will be released linearly over four years.
Evmos said that the joint venture made substantial contributions to the project and left because of disagreements on some issues. Evmos is currently working with it to transfer tokens back to the Evmos Foundation. The Evmos Foundation and the core contribution team utterly reject this behavior which only damages trust in the project.
Industry news
Industry news
Encryption investment institution BitLucky director and Lianchuang suspected of running away, more than 75 million US dollars of customer funds were damaged
Odaily News Luka Burazer, director of BitLucky, a Croatian cryptocurrency investment agency, said in an email to customers on May 19: "Due to a series of bad transactions and decisions, the company is now facing a crisis. We will discuss in the next few days Provide more information here". But since then, he and the company's co-founder have lost contact completely and deleted social media.
It is reported that BitLucky said it will invest customers' money in cryptocurrencies and promises a monthly profit of 5% -25%. (Web3 is Going Great)
Sotheby's Closes Auction of Some Three Arrows NFTs, Raises Over $2.4M
Odaily News Sotheby’s closed the auction of several rare NFTs confiscated from Three Arrows Capital (3AC) this Friday, earning $2,482,850 to make up for some of the lost funds.
The CEO of the EOS Foundation proposes to take legal action or a hard fork to allow B 1 to fulfill its investment commitment
Project News
Odaily News EOS Foundation founder and CEO Yves La Rose issued an open letter, aiming to take measures to allow Block.one (B 1 ) to fulfill its investment commitment to the EOS network (Block.One promised to invest 1 billion in the EOS network in 2018) Dollar).
The letter mentioned two possible options. Option one is to take legal action against Block.one that failed to fulfill its investment commitment. If enough token holders are interested in filing legal claims, the EOS Foundation is ready to assist in the transfer of EOS Holders come together in order to claim against Block.one; option two is a hard fork, block producers can consider a hard fork to exclude tokens owned by Block.one, including its encrypted trading platform Bullish Token transactions.
The letter mentioned two possible options. Option one is to take legal action against Block.one that failed to fulfill its investment commitment. If enough token holders are interested in filing legal claims, the EOS Foundation is ready to assist in the transfer of EOS Holders come together in order to claim against Block.one; option two is a hard fork, block producers can consider a hard fork to exclude tokens owned by Block.one, including its encrypted trading platform Bullish Token transactions.
Blur: Blend will be launched again on May 22, and the current loan amount has reached 250 million US dollars
Arbitrum Announces MXC as Its First L3 Blockchain
Odaily News On May 20th, at the edcon 2023 conference in Podgorica, Montenegro, MXC and Arbitrum jointly announced that MXC will migrate to Arbitrum, becoming the first L3 blockchain on the chain, and will be open to the Arbitrum community Distribute airdrops.
It is reported that MXC’s L3 is a Type-1 EVM built using ZK Roll-up zero-knowledge proofs. At the conference, MXC demonstrated IoT applications and IoT ecological projects on L3 zkEVM. The official airdrop details will be announced in the official Arbitrum AMA in May.
Tornado.Cash was attacked by governance, and TORN fell by more than 20% in 24 hours
Odaily news Paradigm researcher Samczsun said on social media that at 15:25:11 on May 20th, Beijing time, Tornado.Cash suffered a governance attack. The attacker grants himself 1,200,000 votes by maliciously proposing (adding extra functionality to the proposal that enables him to update the logic of the proposal to get fake votes). Since this exceeds approximately 700,000 legitimate votes, the attacker now has full control.
With governance control, an attacker can: withdraw all locked votes; drain all tokens in the governance contract; disable routers, but the attacker still cannot drain individual pools. However, Samczsun later updated that Laël Cellier pointed out that Tornado Cash Nova deployed to Gnosis Chain is a governance-managed proxy. Therefore, an attacker can also drain all ETH in this pool by upgrading the contract.
Odaily News The NFT aggregation market Blur announced on its official tweet that its NFT lending platform Blend will be launched again on May 22, but did not disclose the name of the NFT series that will be supported next time. At the time of writing this article, the Blend platform has supported 6 NFT series. They are: CryptoPunks, Azuki, Milady Maker, DeGods, BAYC and MAYC.
In addition, Blur also revealed that so far, the loan amount of the Blend platform has reached 250 million US dollars, accounting for more than 80% of the market share in the transaction volume of NFT borrowers. Another function to promote partial loan repayment may also be launched next week.
In addition, Blur also revealed that so far, the loan amount of the Blend platform has reached 250 million US dollars, accounting for more than 80% of the market share in the transaction volume of NFT borrowers. Another function to promote partial loan repayment may also be launched next week.
Odaily News @ZAGABOND, the founder of the blue-chip NFT project Azuki, announced on social media that the new community homepage on Azuki's official website has been officially launched. As of this writing, 41 communities have settled in.
Azuki community home page is live
Odaily News @ZAGABOND, the founder of the blue-chip NFT project Azuki, announced on social media that the new community homepage on Azuki's official website has been officially launched. As of this writing, 41 communities have settled in.
The homepage is classified according to three types of collection characteristics (such as Spirit Azukis' Spirit DAO and Gold Beanz's Gold DAO), language and region, and hobbies (such as Sake DAO). Azukis and Beanz holders can join the community according to the classification .
Investment and Financing
Investment and Financing
Maitri Capital Launches Encrypted Quantitative Trading Fund, Aiming to Raise $250 Million
Odaily News British asset management company Maitri Capital announced the launch of Maitri Cento Quant Fund, an encrypted quantitative trading fund driven by artificial intelligence and machine learning, with a target of raising US$250 million, and is currently waiting to be registered with the UK Financial Conduct Authority.
Thomas Caddick, co-founder of Maitri Capital, said that Maitri Cento Quant Fund is an institutional-grade investment vehicle that will use machine learning to build quantitative trading models and focus on the 30 most liquid cryptocurrency trading pairs. (Zexprwire)
Tiger VC DAO will launch a $20 million Tiger II fund for LPs
Getaverse and Donghao Securities will cooperate based on the construction of the DID credit system, expand policy supervision and traditional finance's embrace of blockchain, and help Real World Assets (RWA) link Web3.
Odaily News Reasoned Art, an Italy-based Web3 digital art start-up company, announced the completion of a seed round of 1.4 million euros, led by South Korean investment fund Woori Technology Investment, LVenture Group, Rosario Bifulco, B-Heroes, MetaVenture Holding, Urania and several local Italian angels Investors participate.
Reasoned Art plans to use the new funds to enter the Korean market and develop its Monuverse project, which uses digital art and Web3 technology to preserve and enhance cultural heritage, while building a participatory ecosystem for experiencing art and culture. (EU-Startups)
Donghao Securities invests in Web3 credit protocol Getaverse
Odaily News According to official sources, the Web3 credit protocol Getaverse has received investment from Sunfund Securities, and the investment amount has not been disclosed yet.
Getaverse and Donghao Securities will cooperate based on the construction of the DID credit system, expand policy supervision and traditional finance's embrace of blockchain, and help Real World Assets (RWA) link Web3.
global policy
global policy
US Presidential Candidate Robert F. Kennedy Jr. Announces Acceptance of Bitcoin Campaign Donations
Odaily News US Democratic presidential candidate Robert F. Kennedy Jr. (Robert Kennedy Jr.) announced that he would accept bitcoin donations when he participated in the 2023 Bitcoin Conference held in Miami, becoming the first president in US history to accept bitcoin campaign donations candidate. During his appearance at the conference, he praised cryptocurrencies as "a symbol of democracy and freedom."
Governor of West Java, Indonesia: Preparing to establish a Bitcoin exchange in Indonesia
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Vitalik Buterin: zk-SNARK will be as important as blockchain in the next 10 years
The Ethereum Community Conference (EDCON) will be held in Podgorica, Montenegro from May 19th to 23rd, 2023. The speakers at this conference include Ethereum co-founder Vitalik Buterin, Ethereum core developer Tim Beiko, Ethereum Skylar Weaver, team leader of Devcon of Fang Foundation, and Vlad Zamfir, Piper Merriam, Andy Guzman, researchers of Ethereum Foundation. EDCON is a non-profit annual global Ethereum conference held in a different country every year, dedicated to serving the Ethereum ecosystem by promoting communication and interaction among the global Ethereum community.
Author of The Big Short: Nearly Finishing Book on SBF, Holds Small Crypto at FTX
Odaily news financial reporter, "Moneyball" (Moneyball) and "Big Short" author Michael Lewis told the audience at the 2023 Miami Bitcoin Conference that he is about to finish his work on Sam Bankman-Fried (SBF) and the collapse of the FTX encryption empire he founded. book of.
Lewis said his interviews included SBF inner circle, employees, investors, Bahamian officials and U.S. regulators. Although he has sold the film rights to Apple, the final manuscript is still months away.
“I’m grateful for the invention of cryptocurrencies,” Lewis said, noting that he once owned some cryptocurrencies that are currently locked up in FTX’s bankruptcy proceedings. "Not much money," he said, "I didn't put all my money into Bitcoin." (The Block)
SkyBridge founder: Bitcoin's actual intrinsic value is about $40,000
