headlines
headlines
MacroStrategy buys 4,167 bitcoins again for about $190 million
As of April 4, MacroStrategy acquired 129,218 bitcoins for approximately $3.97 billion, with an average price of approximately $30,700 per bitcoin.
Forbes releases the 2022 Global Billionaires List: Musk reaches the top, Changpeng Zhao ranks 19th
Harmony: Network congestion stems from spam transactions of arbitrage robots, and the block gas limit has been reduced to 20 million
cryptocurrency
Convex Finance Has Fixed Bug That Could Cause $15 Billion Rug Pull Losses
Blockchain security firm OpenZeppelin discovered a vulnerability in Convex Finance that could have resulted in a $15 billion Rug Pull loss. OpenZeppelin disclosed the issue via Immunifi, and the vulnerability has since been fixed.
OpenZeppelin issued a document stating that at the end of 2021, as part of the Coinbase security audit, OpenZeppelin conducted a security audit of the Convex Finance protocol. The security research team discovered a vulnerability that, if exploited by two of the three anonymous signers of the multisig wallet (multisig), would give Convex multisig direct control over Convex's locked assets, worth approximately $15 billion at the time. The Convex document clearly states that such control is not possible. This bug was later fixed by the Convex team. The bug was never exploited and no funds were lost. (The Block)
Ronin: The next batch of verifiers has been confirmed and will start going online this week
According to the official news, the Axie Infinity side chain Ronin stated that the next batch of verifiers has been confirmed and will start going online this week to reduce the future risk of previous vulnerabilities. Ronin continues to investigate with law enforcement officials and is unable to disclose further details at this time. Ronin is fully committed to recovering funds lost in the Ronin bridge and cannot comment publicly on this until the details are finalized.
According to previous news, the Ronin cross-chain bridge was attacked and more than 600 million US dollars in assets were stolen. Axie Infinity Co-Founder: Several new validators will be added to Ronin to further decentralize the network.
Rongjian Lan, co-founder and chief technology officer of Harmony, tweeted that the team recently received feedback from the community that the network speed is slow and it takes longer than usual to process transactions. Normally, the Harmony block gas limit is set to 80 million, and it has been confirmed that there is an arbitrage robot trying to "backrun (lag)" certain transactions on the network.
Since the transactions in the Harmony mempool are randomly ordered, they send as many garbage transactions as possible to get a higher chance of winning, so the team temporarily lowered the gas limit per block to 20 million, and plan to make the transaction ordering through deployment ( by time) is deterministic so that spam tactics from arbitrageurs will no longer be effective. Before deployment, users are advised to increase their gas price to process transactions faster.
Celo developer Kobi Gurkan announced that the public chain has launched the SNARK-based light client Plumo. It is understood that in Celo's proof-of-stake protocol, a new validator set is elected every 24 hours. The Plumo SNARK proof aggregates 143 such transitions, covering approximately 4.5 months of elections, to form a single proof with an initial validator set and a final validator set as outputs. This enables web and mobile clients to quickly catch up with the latest state of the blockchain by downloading a minimal amount of data, orders of magnitude less than would be required to synchronize with a proof-of-work-based light client protocol.
Decentralized leverage protocol Gearbox Protocol opens GEAR token entrusted governance module
The Gearbox Protocol, a DeFi composable leverage protocol, opens the GEAR token entrusted governance module, and GEAR token holders can entrust voting in Snapshot.
The Gearbox Protocol, a DeFi composable leverage protocol, opens the GEAR token entrusted governance module, and GEAR token holders can entrust voting in Snapshot.
GameFi and NFTs
The total transaction volume of the NFT avatar project mfers exceeded 100 million US dollars
STEPN announced that there are more than 30,000 online running users at the same time
According to NFTGo.io data, the total transaction volume of the NFT avatar project mfers exceeded 100 million US dollars, currently 100.79 million US dollars, with a market value of 54.69 million US dollars. The 24-hour transaction volume exceeded US$4.09 million, an increase of 78.63%; the floor price reached 3.95 ETH, an increase of 13.4% in 24 hours.
STEPN announced that there are more than 30,000 online running users at the same time
According to official news, STEPN announced that there are more than 30,000 online running users at the same time, and the current number is 30,232.
According to Liverpoolecho, the Premier League Liverpool team disclosed NFT sales data. Although 95% of the "LFC Heroes Club" NFTs were not sold, they still earned 1.125 million pounds.
Investment and Financing
Investment and Financing
FTX.US announced to invest in the US stock exchange IEX to jointly create a digital asset securities market structure
FTX.US, a U.S.-compliant crypto exchange, announced a new agreement today: FTX.US will make a strategic investment in IEX (IEX Group, Inc.), a U.S.-compliant stock exchange. Through this investment, the two parties will jointly establish a clear and transparent "digital asset securities" trading market structure.
Currently, IEX is also seeking the development of the digital asset securities market. It said it would develop the business on the basis of the existing market structure and regulatory principles. Under the premise of safeguarding the best interests of investors and the general public, we should give full play to the potential of the US market.
Stillmark, Alyse Killeen's bitcoin-focused venture capital arm, is trying to raise about $500 million for a new credit fund called the Stillmark Credit Fund, which is dedicated to providing credit to companies operating in the bitcoin market, according to sources familiar with the matter. funds.
Bitcoin Startup Lightning Labs Completes $70M Series B Funding Led by Valor Equity Partners
Founded in 2019, Stillmark is a venture capital firm focused on backing investments in Bitcoin and Lightning Network infrastructure companies. Its portfolio companies include Satoshi Energy, Casa and Lightning Labs. The firm's managing partner and founders previously held positions at venture capital firms including Clearstone Venture Partners and March Capital Partners. (The Block)
It is reported that Lightning Labs focuses on building various functions for the Lightning Network, and has developed a number of different products, including Lightning Pool for Bitcoin liquidity. The newly launched Taro protocol allows developers to move stablecoins from the Bitcoin network to the Lightning Network. (Decrypt)
Map encryption startup Hivemapper raises $18 million, led by Multicoin Capital
Hivemapper, a map startup that supports encryption, announced the completion of $18 million in financing, led by Multicoin Capital, with participation from Solana founders, former Apple Maps executives, and Helium CEO.
The blockchain football game GOALS completed a $15 million seed round of financing, led by Northzone, with participation from Cherry, Moonfire Ventures and other institutions, as well as soccer player Gérald Piqué and Sorare CEO Nicolas Julia. Funds raised will be used to recruit 30 more game developers.
Chain game GOALS completes USD 15 million seed round financing, led by Northzone
The blockchain football game GOALS completed a $15 million seed round of financing, led by Northzone, with participation from Cherry, Moonfire Ventures and other institutions, as well as soccer player Gérald Piqué and Sorare CEO Nicolas Julia. Funds raised will be used to recruit 30 more game developers.
It is reported that GOALS is developing an online multiplayer game of the same name, which has a Play-to-Own mechanism for in-game assets such as players, clubs and skins, and plans to go live by the end of 2022. (The Block)
YouTube celebrity Logan Paul launches Liquid MarketPlace and raises $8 million
IBEX Mercado aims to provide bitcoin and Lightning Network services to banks and corporations, and the new funds will be used to expand in the Americas and Europe. (Bitcoin Magazine)
Users who want to sell physical items on the marketplace must send them to a vault. Once held for Liquid MarketPlace, the item can be sold on the marketplace for 10 cents of the item's value per token. These tokens will be ERC-20 tokens on the Ethereum blockchain and can be transferred off-market, though users are advised to avoid doing so for security reasons.
Cryptocurrency staking service provider RockX has completed a $6 million Series A round led by Amber Group, with participation from Matrixport, Primitive Ventures, FBG Capital, Draper Dragon, IMO Ventures, Alpha CW, and Megastake. The financing will be used to enhance products and services, and expand the team. (Forkast)
Parallel Finance, the Polkadot lending agreement, announced that it has completed a strategic financing of US$5 million at a valuation of US$500 million. Investment institutions include the former heads of Coinbase, StarkWare and Google Ventures who founded Section 32.
Yubo Ruan, CEO of Parallel Finance, said that in the second quarter, Parallel Finance plans to raise B-round financing in two rounds, each with 20 million to 30 million US dollars, and the valuation is undecided. (CoinDesk)
Decentralized trading platform Trisolaris completes $4.5 million financing led by Electric Capital
Trisolaris, a decentralized trading platform, has completed $4.5 million in financing, led by Electric Capital, with participation from JumpCrypto, DragonflyCapital, Leminscap, and EtherealVentures. This round of financing will be used to expand the team, continue to develop its products, and improve its native Token TRI Token economics. (CoinDesk)
Bitcoin infrastructure company IBEX Mercado has completed a $4 million seed round of financing at a company valuation of $20 million. Investors in this round of financing include Stillmark, LUM Ventures, Fulgur Ventures, Hivemind Ventures, Ten31, etc.
IBEX Mercado aims to provide bitcoin and Lightning Network services to banks and corporations, and the new funds will be used to expand in the Americas and Europe. (Bitcoin Magazine)
Leap, a start-up that builds a non-custodial encrypted wallet for the Terra blockchain, said on Tuesday that the company completed a $3.2 million private placement financing, with CoinFund, Pantera Capital, Arrington Capital, Accel and Terraform Labs participating.
It is reported that this round of financing valued Leap at $40 million. Leap founder Sanjeev Rao declined to comment on the valuation. According to Rao, Leap is a Chrome extension that has been downloaded more than 4,000 times. This MetaMask-like crypto wallet supports asset transfers, NFT transactions, and DeFi applications in the Terra ecosystem. Rao said Leap's iOS and Android mobile apps are in the works. (CoinDesk)
Strata, a token issuance and management agreement, announced the completion of a $1.5 million seed round of financing, led by Multicoin Capital, with participation from Solana Ventures, Asymmetric Partners, Alameda Research, and Starting Line.
Strata, a token issuance and management agreement, announced the completion of a $1.5 million seed round of financing, led by Multicoin Capital, with participation from Solana Ventures, Asymmetric Partners, Alameda Research, and Starting Line.
global policy
global policy
SEC Chairman Calls for More Regulation of Custody, Market-Making Units of Stablecoin and Crypto Firms
Gensler went on to apply similar logic to the market-making functions of crypto exchanges, many of which trade with users on their own platforms through their own accounts.
Character · Voice
Character · Voice
Musk: will solve the problem of encrypted spam bots on Twitter
Meta (formerly Facebook) CTO Boz responded that Facebook fixed the issue early on, simply by including an indicator that it was edited and a changelog. Elon Musk replied, "Facebook makes me anxious."
Starbucks CEO: Will "get involved in the NFT business" before the end of 2022
Starbucks CEO Howard Schultz said that Starbucks will "get into the NFT business" by the end of 2022. Schultz said that although he is not a "digital native", he has been researching NFT. He also said: "If you look at the companies, brands, celebrities, and influencers who are trying to create digital NFT platforms and businesses, I can't think of it. Who is more suitable to launch NFT than Starbucks.” (GeekWire)
IOS
Android