headlines

Apple Requires Coinbase Wallet iOS to Use Its In-App Purchase System for Gas Fees

headlines

Apple Requires Coinbase Wallet iOS to Use Its In-App Purchase System for Gas Fees

Data: Investors Pulled Nearly $20 Billion From Crypto Funds in November

Industry news

With FTX in disarray and bankruptcy in November, cryptocurrency investors are doing everything they can to get their money out. Investor withdrawals from asset managers of cryptocurrency funds including Grayscale Investments and CoinShares International hit $19.6 billion in November, according to research firm CryptoCompare. That equated to 14.5% of the funds' total assets under management, which brought total assets under management to their lowest point since December 2020.

Industry news
Security Agency: Beware of TransferFrom Zero Transfer Scam

According to reports from many victims, TRON network users' address transaction histories continue to show 0 USDT transfers from unidentified addresses, calling the "TransferFrom" function every time.

Clicking on a random transaction to view its details shows that the transaction is a call to the "TransferFrom" function, allowing an address starting with TCwd to transfer 0 USDT from an address starting with TAk 5 to an address starting with TMfh.
World's Largest Trading Broker TP ICAP Obtains UK Cryptocurrency License

Odaily News TP ICAP, the world's largest trading broker, has registered with the Financial Services Authority (Financial Services Authority) as a digital asset provider. The company is trying to enter the cryptocurrency field through its Fusion digital asset market.

TP ICAP, the infrastructure giant for the wholesale traditional finance market (TradFi), is partnering with custodian Fidelity Digital Assets to provide a platform to match orders and execute spot cryptocurrency trades.

Bloomberg: Binance hires accounting giant Mazars to verify its token reserves

WSJ: Tether's Rising Lending Raises Risks in Stablecoin and Crypto World

Project News

Odaily News Tether's ever-increasing lending has increased risk in the world of stablecoins and cryptocurrencies. According to Tether's report, as of September 30, its loan assets reached $6.1 billion, accounting for 9% of the company's total assets. At the end of 2021, they were worth $4.1 billion, accounting for 5% of total assets.

Project News
Data: Jump Trading transferred more than 6 million CHZ to Binance in the past 24 hours

According to Lookonchain, an on-chain data analyst from Odaily, Jump Trading has recently started selling CHZ. In the past 24 hours, it has transferred a total of 6,224,780 CHZ to Binance, and currently holds 16,310,176 CHZ.

In addition, according to the Ouyi OKX market, CHZ is currently trading at $0.1633, a 24-hour drop of 2.33%.
Andre Cronje: Fantom will be the Youtube or Twitch of blockchain platforms

Odaily News Andre Cronje tweeted that Fantom will become the Youtube or Twitch of the blockchain platform.

As previously reported, in order to retain talented creators and reward high-quality dApps, Fantom released a dApp gas monetization plan proposal to reduce Fantom's current consumption rate and allow more network fees to be directly redirected to the Fantom-based gas dApps.

A proposal initiated by the Aave community to deploy and activate the Aave StarkNet bridge is being voted on

Odaily News The proposal to deploy and activate the Aave StarkNet Bridge initiated by the Aave community is being voted on and will end at 11:16 (UTC+8) on December 4th. This smart contract bridge project is Aave's first step in the Starknet ecosystem, and the bridge will allow users to deposit or withdraw their aTokens.

DEX Trader Joe on Avalanche expected to deploy to Arbitrum One in early January

Odaily News DEX Trader Joe on Avalanche tweeted that Liquidity Book AMM and Joe V 1 will be deployed on the Arbitrum One network to provide zero slippage transactions and decentralized liquidity supply.
Fantom Publishes Proposal for dApp Gas Monetization Plan
The specific way is to take the advertising monetization model and extend it to gas monetization to obtain high-performance dApps that can attract a steady flow of users.

NFT

If passed, this implementation will reduce Fantom’s burn rate from 20% to 5% and redirect this 15% reduction to gas monetization.

ALTAVA Group Joins Yuga Labs Ecosystem and Launches BAGC NFT Series

Investment and Financing

Odaily News The fashion metaverse platform ALTAVA Group announced that it has joined Yuga Labs’ home of the Bored Ape Yacht Club ecosystem, launching its Bored Ape Golf Club (BAGC) NFT series, which includes special editions from Elite Apes, Animoca Brands and The Sandbox. The BAGC (KR) NFT itself is a derivative of BAYC IP, and NFT holders will be able to order golf-themed merchandise bearing the logo of a specific BAGC Korea NFT IP.

Blockchain Trade Finance Platform Komgo Acquires Trade Finance Platform GTC to Build Trade Finance Digital Platform

Web3 Working Group Completes $2 Million Financing, The Graph and Others Participate

Web3 Working Group Completes $2 Million Financing, The Graph and Others Participate

Cybersecurity firm Cyvers closes $8 million seed round led by Elron Ventures

Odaily News Israel-based cybersecurity startup Cyvers has completed an $8 million seed round led by Elron Ventures. Other backers include Crescendo Venture Partners, Differential Ventures and HDI.
Cyvers provides plug-and-play security solutions to a range of Web3 companies by leveraging domain expertise and geometric machine learning techniques to enable real-time detection of security issues.

Web3 hard wallet startup Cypherock completes $1 million in financing, Infinite Capital and others participate

Cyvers provides plug-and-play security solutions to a range of Web3 companies by leveraging domain expertise and geometric machine learning techniques to enable real-time detection of security issues.
Odaily news Web3 hard wallet startup Cypherock announced the completion of $ 1 million in financing, Consensys Mesh, Infinite Capital, Gnosis, OrangeDAO, and including Stefan George (Gnosis), Sandeep Nailwal (Polygon), Mahin Gupta (Zebpay) & Liminal), Prasanna Sankar Angel investors including (Rippling) and Furqan Rydhan (Thirdweb & F Inc) participated in the round.

NFT lending protocol UnUniFi Protocol completes $1.5 million seed round led by gumi Cryptos Capital

Cypherock is developing the mnemonic-free hardware wallet "X 1", which aims to enable people to achieve self-sovereignty and have peace of mind and control over their cryptocurrencies and personal data like savings in a bank vault, allowing individuals to self-custodize their cryptocurrencies and pass Improve cryptocurrency security by reducing single points of failure in private key management. (indianweb2)

NFT lending protocol UnUniFi Protocol completes $1.5 million seed round led by gumi Cryptos Capital

Odaily News UnUniFi Protocol, a Cosmos-based NFT lending agreement, completed a seed round of financing of 1.5 million US dollars, led by gumi Cryptos Capital, and participated by Coincheck, Hyperithm, MZ Web3fund, Arriba Studio and gumi group. The funds raised will be used for continuous development and further development. To achieve scalability, in addition, the fourth quarter plans to launch the NFTFi service with NFT mortgage capability, and release the inter-chain revenue aggregator for automatic DeFi revenue, and enable the Cosmos IBC function at the same time.
Web3 developer platform Fleek completed a $25 million Series A round led by Polychain Capital, with participation from Coinbase Ventures, Digital Currency Group, Protocol Labs, Arweave, North Island Ventures, Distributed Global, The LAO, and Argonautic Ventures.

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The goal of Fleek is to build an interface and protocol layer that makes the base layer of Web3 services, such as storage, hosting and billing, accessible to anyone. (Tech Crunch)

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