During the week from February 6th to February 12th, the developments worthy of attention are as follows:Bitcoin Network NFT Protocol Ordinals Has Caused Worst Mempool Congestion Since FTX and 3AC Bankruptcy；Optimism has conducted a second round of airdrops to users who use the mainnet and participate in governance；Polygon is exploring the introduction of ZK technology into its main chain；Polygon is exploring the introduction of ZK technology into its main chain；Lido announced the V2 upgrade plan, ready to unlock stETH withdrawals and introduce the Staking Router architecture；Uniswap DAO Votes to Proposal to Deploy Uniswap V3 on BNB Chain；MakerDAO Community Participants Propose Spark Protocol, a DAI-Focused Native Liquidity Marketplace；Aave Stablecoin GHO Deployed to Ethereum Goerli Testnet；ENS DAO: The proposal to "sell 10,000 ETH to cover operating expenses for the next two years" has been voted on。
Bottom-Layer 1
Bottom-Layer 1
Odaily News According to Dune Analytics data, since the launch of the Bitcoin network NFT protocol Ordinal, the cost of the Bitcoin network for Inscriptions (inscriptions) has continued to rise.
As of February 7th, the Ordinals protocol has accounted for 12% of the total transaction fees on the Bitcoin network and 0.3% of block rewards, and is still growing exponentially, causing the worst Bitcoin mempool congestion since the bankruptcy of FTX and 3AC.
Sui Foundation Launches Builder Hero Award for Early Contributors
Odaily News The Sui Foundation announced the establishment of the Builder Hero Award, which aims to recognize community members who have made early contributions to the Sui ecosystem, including contributors who build prototypes and products on Devnet, build development tools, and help educate other builders.
SuiNetwork will announce the winners on February 17th and contact them individually to distribute the prizes, there will be a maximum of 15 winners, and the prizes will include a one-time cash prize, Sui Builder House invitation, and a Sui gift.
Flow is hosting its first hackathon from February 21st to February 26th
Odaily News Flow will hold its first hackathon from February 21st to February 26th, with a prize pool of $500,000. Judges and speakers from Google, Animoca Brands, CoinDesk, Circle aim to expand the Flow ecosystem, optimize wallet-less usage, mobile experience, and more.
The hackathon is divided into three stages, from February 10th to 20th is the education stage, from 20th to 26th is the stage for the development team to build and submit the Sprint, and the third stage is the award ceremony. The first prize project team of this hackathon will enter the Launchpad for two months from March 1st to April 30th, where they can receive guidance and support and launch the Flow mainnet.
Blockchain storage protocol Arweave 2.6 released: hard fork to be activated on March 6
According to Odaily, Sam Williams, the founder of the blockchain storage protocol Arweave, announced on social media that Arweave 2.6 has been released. The new version will improve the energy efficiency of the network and its storage market, and encourage miners to store more data.
The hard fork of the network is activated around March 6th. As the difficulty of the network is readjusted, there may be a pause in the processing of unbundled Arweave transactions at that time, which is expected to last for several hours, while users of the bundled service may not will be affected.
Sam Williams also revealed that one or more adjusted versions will be released in the weeks or months after the hard fork is completed, but the related upgrades will not cause too much disruption to users.
According to the 2022 annual report released by the Filecoin Foundation, the total storage capacity of Filecoin is close to 19 EiB, accounting for 1% of the total global storage capacity. Over 300 PiB of data is stored on the network via the social layer Filecoin Plus. Nearly 4,000 storage providers have contributed data capacity to the Filecoin network. Filecoin provides storage services for individuals, organizations, and government agencies such as the Underground Physics Group at the University of California, Berkeley, and Starling Lab, and cooperates with Lockheed Martin to plan to deploy IPFS in space.
In 2022, the Filecoin Foundation approved more than 150 grants through The Dev Grants program. The Filecoin Foundation is partnering with ECC to create a joint grant pool for Filecoin and Zcash through a new agreement, with Unfinished to launch the Explorer Scholarship, and with Chainlink to launch a joint grant program to support decentralized off-chain computing, data and storage.
In addition, in the spring of 2023, the Filecoin virtual machine FVM will usher in an update, and developers will be able to deploy user-defined smart contracts on the Filecoin blockchain and storage network for the first time.
Input Output Announces EVM Sidechain Proof-of-Concept Public Testnet Launch
Odaily News Cardano development company Input Output has now launched a public testnet for the EVM sidechain proof of concept, allowing testing of token transfers between test environments, connecting wallets and deploying smart contracts and DApps. This proof-of-concept testnet is temporary and will be periodically rerun during its pilot phase. Ultimately, it will be a community resource where Input Output encourages developers and SPOs to get involved and collaborate.
According to official documents, the EVM sidechain testnet environment consists of two networks, namely the EVM sidechain testnet and the dedicated Cardano testnet.
Stellar Development Foundation Launches $10M Incentive Program for Soroban
Odaily News The Stellar Development Foundation has launched a $10 million incentive program for Soroban through the Stellar Community Fund. Soroban is a new smart contract platform built for Stellar, and the incentive program is designed to support developers trying to develop applications based on Soroban, including tools, DeFi, DApps, and educational resources focused on Soroban. Starting February 13th, the Stellar Community Fund will support developers experimenting with Soroban.
TRON DAO Establishes $100 Million AI Development Fund
Odaily news on February 8th, TRON DAO announced the establishment of a $100 million artificial intelligence development fund to support the integration of artificial intelligence technology and blockchain technology. The key areas of support include AI service payment platforms, AI-supported oracle machines, AI Supported investment management services and AI-generated content.
Cosmos ecological chain Neutron announced that the Baryon testnet has been launched
Odaily news Cosmos ecological chain Neutron announced that the Baryon test network has been launched. It is reported that Baryon is Neutron's continuous replication security test network, which provides developers with a test environment to launch their applications and allows users to interact.
Baryon will also provide users with the ability to explore some of the DApps and tools available at mainnet launch. The Baryon-1 browser is live. Various wallets and other integrations will go live in the coming weeks.
Acala announces that Acala EVM+ is live on the mainnet
Odaily News Acala announced that Acala EVM+ is live on the mainnet, giving DApp developers the opportunity to launch Ethereum-compatible DApps on Acala’s DeFi application chain and Polkadot’s liquidity center.
The EVM compatible chain developed by Chiliz has produced the genesis block
Odaily news The Layer 1 EVM compatible chain developed by Chiliz, a sports and entertainment blockchain solution, has produced a genesis block. Chiliz said that he will publicly announce 8 to 10 enterprise-level projects in the next few months, including NFT ticketing pilots, Athlete-focused third-party fan tokens and Web3 infrastructure partners for sports and entertainment.
In addition, Chiliz announced South Korean national football team star Minjae Kim as its new brand ambassador. Minjae Kim will promote the Chiliz blockchain sports and entertainment ecosystem in Korea and internationally.
Proposal to convert Secret Foundation into a non-profit has been voted on
Odaily News The Secret Network community has voted to pass the proposal to reorganize the Secret Foundation, and Tor Bair, founder and CEO of the Secret Foundation, has promised to provide support.
Community members have accused Bair of financial mishandling and called for more transparency. Members also demanded that the foundation become a non-profit organization (NPO), governed by a community-elected board. Bair initially set up the Secret Foundation as a for-profit business and confirmed that he is the sole shareholder of the company.
Dymension also plans to raise more funds before the mainnet launch, targeting around $20 million. (The Block)
Modular Blockchain Dymension Closes $6.7M Seed Funding Round Led by Big Brain Holdings and Stratos
Odaily News Modular blockchain Dymension completed a $6.7 million seed round of financing, led by Big Brain Holdings and Stratos, with participation from Matchbox DAO, Shalom Meckenzie of DraftKings and others.
Dymension co-founder and CEO Yishay Harel began raising money for the round last May, and it closed late last year amid the widespread cryptocurrency crash. He declined to disclose the valuation.
Dymension also announced that it will launch its public testnet on February 15th. Harel said that an incentivized testnet will be launched in the second quarter and the mainnet will be launched in the third quarter of this year. Nine employees currently work for Dymension, and Harel plans to expand the team in the near future.
Dymension also plans to raise more funds before the mainnet launch, targeting around $20 million. (The Block)
Bottom layer-Layer 2
VRRB is developing a proprietary consensus mechanism called “Proof of Claim,” which it says will help resolve the blockchain’s scalability, security, and decentralization trilemma. VRRB’s first beta testnet launch is scheduled for next month. Mainnet is still far off on the roadmap. There are currently five people working at VRRB Labs, with no immediate plans to expand the team. (The Block)
Bottom layer-Layer 2
Odaily News Optimism announced that it has started the second round of airdrops to users who use its main network and actively participate in governance. The total airdrop is 11.7 million OPs, which will be distributed to 307,965 unique addresses.
Odaily News Arbitrum development team Offchain Labs announced that it will launch Stylus, a next-generation programming environment for Arbitrum One and Arbitrum Nova later this year. Stylus allows users to use their favorite programming languages (including Rust, C and C++) through WebAssembly smart contract functions. ) to deploy the application to run with the EVM program on Arbitrum. Stylus is an order of magnitude faster, lowers fees, and is fully interoperable with the Ethereum Virtual Machine (EVM). Offchain Labs calls Stylus EVM+, and Stylus will not replace EVM.
Odaily News According to the official Twitter, zkSync, the second-layer network of Ethereum based on ZK Rollup, said that zkSync has invested at least 3.5 million US dollars in auditing and bug bounty, but considering that there is no absolute security, zkSync 2.0 will also adopt other methods after the release. Safety measures, including: restricting the flow of early funds, ensuring that developers have enough ETH for contract deployment and testing transactions, minimizing the risk of the system losing a large amount of value in the early stage; taking "speed bump" measures to limit withdrawals to every 10% of the daily TVL, limit the consequences of any security breach; use OpenZeppelin to automatically monitor and alert to deal with critical situations, etc.
Odaily News According to official news, StarkWare announced a partnership with Chainlink Labs, StarkWare will officially join the Chainlink SCALE plan, and the StarkNet testnet will also integrate Chainlink price feeds.
Polygon is exploring the introduction of ZK technology into its main chain
Polygon is exploring the introduction of ZK technology into its main chain
Odaily news Polygon co-founder Mihailo Bjelic said in an interview that he is exploring the introduction of zero knowledge (Zero Knowledge) technology into its main chain. Bjelic emphasized the importance of ZK technology to the project’s development roadmap, which could eventually include some ZK-based enhancements to Polygon’s main PoS chain to improve transaction security. “One of the things we are experimenting with is upgrading the Polygon PoS chain to include ZK technology so that zkEVM can be incorporated into the Polygon PoS chain itself.” (CoinDesk)
Odaily news The first public testnet of Taiko, the second-layer network of Ethereum based on zkRollup, is expected to be deprecated at 22:00 on February 15. The team plans to release a second testnet within a month after that, and will introduce important protocol components and participants.
AltLayer will give 100 developers a test pass for its no-code rollup solution
Odaily news Layer 2 expansion project AltLayer announced that it will open the testing authority of its "rollup-as-a-service" dashboard to 100 developers, allowing these developers to participate in the testing of its no-code rollup solution for the upcoming Prepare for full launch.
It is reported that the test will be open for applications from February 10th to 28th, and developers who have obtained access will be able to participate in the test event from March 2nd to 10th. 10 of those participants will receive the program's NFT memorabilia "Oh otie!" (The Block)
Shiba Inu lead developer responds: Shibarium has no exact release date
infrastructure components
infrastructure components
Odaily news Lido, the liquid staking protocol, announced the V2 upgrade plan, preparing to unlock stETH withdrawals and introduce the Staking Router architecture.
Enabling liquid staking reward withdrawals allows stETH holders to withdraw ETH funds from Lido at a 1:1 ratio. Users wishing to withdraw ETH must follow the suggested request and claim process.
Staking Router introduces a modular architectural design conceived to allow Lido to be a scalable protocol. (Cointelegraph)
secondary title
DeFi
Odaily News A number of mainstream DeFi projects announced today that they will conduct "one-to-one" social collaboration experiments, including dYdX and AAVE, MakerDao and Element, Opyn and StakeDAO, CoWSwap and Gearbox, Lido and Bebop, Idle and Silo, 1inch and KyberSwap , SushiSwap and Aura Finance, etc.
This experiment is a group of two projects, and multiple groups are carried out at the same time. The specific cooperation content has not been disclosed yet.
Uniswap DAO Votes to Proposal to Deploy Uniswap V3 on BNB Chain
Odaily News Uniswap DAO has completed the final vote, which will be used to implement the proposed deployment of Uniswap v3 on the BNB chain. According to the Tally voting page, voting closed on Friday, with 66% of DAO delegates backing the move. Major-voting delegates, including ethereum software firm ConsenSys and Compound Finance founder Robert Leshner, voted in favor of the proposal. Meanwhile, venture capital giant Andreessen Horowitz voted against the proposal, casting 15 million votes.
MakerDAO Community Participants Propose Spark Protocol, a DAI-Focused Native Liquidity Marketplace
Future features will include fixed-term income products and EtherDAI, which includes Maker’s own synthetic liquid collateralized derivatives (LSD). According to the proposal, Spark aims to launch in April of this year, opening a DAI lending vault on Maker with a debt limit of $200 million.
The first product will be Spark Lend, which will allow users to borrow DAI at a set DAI savings rate, which is currently 1%. According to the proposal, Spark Lend will support highly liquid decentralized assets as collateral, such as ETH, DAI, as well as wstETH and wBTC.
Future features will include fixed-term income products and EtherDAI, which includes Maker’s own synthetic liquid collateralized derivatives (LSD). According to the proposal, Spark aims to launch in April of this year, opening a DAI lending vault on Maker with a debt limit of $200 million.
Spark will use Aave v3's smart contract system. In exchange, development team Phoenix Labs intends to send 10% of the protocol’s profits earned on Spark Protocol’s DAI market to Aave DAO over the next two years. Whether to deploy the Spark Protocol depends on the vote of the Maker community. (CoinDesk)
Aave Stablecoin GHO Deployed to Ethereum Goerli Testnet
Odaily News Aave officially announced that its stablecoin GHO has now been deployed to the Ethereum Goerli testnet. Starting today, GHO developers and potential adopters will have access to the stablecoin’s codebase and test how it works, but GHO’s mainnet launch still requires community discussion and approval.
SushiSwap Acquires Cosmos Ecological Derivatives Trading Agreement Vortex Protocol
Vortex Protocol is a yet-to-be-launched decentralized derivatives exchange that aims to offer users 10x margin trading on a variety of assets. Both Sei Network and SushiSwap’s newly acquired Vortex Protocol will be launched on the mainnet in the second quarter of 2023. The move also means that SushiSwap will be one of the first Ethereum applications to migrate to the Cosmos ecosystem. (Decrypt)
Vortex Protocol is a yet-to-be-launched decentralized derivatives exchange that aims to offer users 10x margin trading on a variety of assets. Both Sei Network and SushiSwap’s newly acquired Vortex Protocol will be launched on the mainnet in the second quarter of 2023. The move also means that SushiSwap will be one of the first Ethereum applications to migrate to the Cosmos ecosystem. (Decrypt)
According to Odaily, according to the RFP-8 proposal, the proposal of the Radiant Capital community, a full-chain lending agreement, to extend the issuance period of RDNT tokens has been approved. The 24-month issuance period for lenders and borrowers in the original RDNT economic model until July 2024 will be extended to 60 months until July 2027.
Odaily news Avalanche ecological DEX Trader Joe announced on Twitter that he will integrate LayerZero.
In addition, Trader Joe's native token JOE will be transformed into a full-chain homogeneous token (OFT), and users can cross-chain JOE between chains such as Avalanche, Arbitrum, and BNB Chain.
NFT
OpenSea launched a private beta program and applications are now open
Odaily News According to the official announcement, OpenSea announced that it will officially launch the OpenSea Private Beta program this month. This is an exclusive and optional program that allows users to actively participate in stress testing and shape new user experiences before new features are officially released.
This closed beta program gives users early access to new features, and OpenSea's product engineering team will work hard to fix bugs and make optimizations to ensure a more seamless experience and further reach diverse users. Users can apply to participate in the internal test from now on, and the application deadline is February 10.
Tessera Founder Announces Launch of NFT Marketplace Escher
Odaily News Andy Chorlian, founder of NFT fragmentation protocol Tessera, announced that he will launch a new NFT market, Escher. Escher will focus on providing support for "edition-based" NFTs, regardless of which platform or contract those NFTs exist.
Escher supports the ERC-1155 and ERC-721 protocols, which can aggregate NFT works of artists/creators on different platforms and versions into a simple and easy-to-use interface for users to trade without jumping to other platforms.
Gamma.io Announces Code-Free Bitcoin NFT Creation Tool
Odaily News Gamma.io announced the launch of a Bitcoin NFT creation tool that requires no code.
Gamma.io pointed out that the emergence of the Ordinals protocol has led to a surge of interest in Bitcoin NFTs, but because the process of actually creating inscriptions is highly technical, complex, and time-consuming, many users still do not know how to actually create them on the Bitcoin network. Create NFT on . Gamma.io's no-code platform will remove these barriers, furthering the adoption of NFTs on Bitcoin.
It’s worth mentioning that Gamma’s announcement regarding the release of the tool has also been recorded on the Bitcoin blockchain as an NFT.
The Sandbox will unlock 372 million SAND on February 13th, accounting for 12.42% of its total supply
Odaily News According to Token Unlocks data, The Sandbox will unlock 372,570,278 SAND on February 13, accounting for 12.419% of its total supply.
DigiDaigaku will launch "DRAGON ESSENCE" free airdrop, snapshot date to be determined
Odaily news Gabriel Leydon, CEO of Limit Break, the parent company of DigiDaigaku, posted on social media that NFT holders of the ecosystem (including Genesis, Heroes and Super Villains) will receive free airdrops of "Dragon Essence", which can help Baby dragons grow and evolve, but Gabriel Leydon says the snapshot date for the airdrop "Dragon Essence" is currently TBD.
Previously, Gabriel Leydon revealed that Limit Break will advertise in the 57th Super Bowl on February 13, Beijing time and start free casting of new NFTs.
Pudgy Penguins launches Sotheby's soul-bound token
Odaily News NFT project Pudgy Penguins announced the launch of Sotheby's Soul Binding Token (SBT). According to Pudgy Penguins, this is one of the first SBTs issued by a major corporation and will serve as a digital authentication solution. These SBTs will permanently serve as the auction certification and participation certificate for the NFT project. This move will further expand the accessibility of Web3.
social contact
social contact
Twitter Developer Edition App Update "Coins" Feature and How to Use It
Odaily News App developer Nima Owji tweeted that Twitter is still promoting the development of the virtual asset "Coins" in its app. Currently, the developer version of Twitter has updated the function and usage announcement of Coins, confirming that Coins are only used for rewards at this stage Function.
Damus: The function of bitcoin rewards for posts will be launched in the next version
According to Odaily news, Damus, an open social application based on the Nostr protocol, said that it will launch the function of bitcoin rewards for posts in the next version.
Reddit announces deprecation of Arbitrum Nova's MOON Bridge
Odaily News Reddit has issued a statement stating that Arbitrum Nova's MOON Bridge has been deprecated and will destroy about 4.77 million community points Token MOON. These Tokens that are not bridged to Arbitrum Nova will be sent to a non-recoverable address. (NewsBTC)
Odaily news ENS DAO tweeted the voting update on the chain:
- EP 3.2: "Working Group Grant Request" passed;
- EP 3.3: "Sell 10,000 ETH for USDC" has passed.
After the 2-day lockup period, both proposals will be implemented. Among them, the EP 3.3 proposal will convert 10,000 ETH into USDC to ensure that ENS DAO has enough funds to cover 18-24 months of operating expenses.
SPACE ID 2.0 provides a one-stop Web3 domain name and identity platform to discover, register, trade and manage Web3 domain names. It also includes the Web3 domain name SDK & API for cross-blockchain developers, and launches multi-chain domain name services. The second of these supported TLDs, .arb, will open for pre-registration next week.
SPACE ID 2.0 provides a one-stop Web3 domain name and identity platform to discover, register, trade and manage Web3 domain names. It also includes the Web3 domain name SDK & API for cross-blockchain developers, and launches multi-chain domain name services. The second of these supported TLDs, .arb, will open for pre-registration next week.
Odaily News According to official news, Web3 decentralized social graph protocol CyberConnect released ccProfile minting policy update. Currently, ccProfile minting has been opened on the BNB Chain, and during the Connected 2023 hackathon from February 7th to March 13th, CyberConnect will pay the minting fee for ccProfile to minting users who set the profile name length to 12 or more characters and Gas fees. During this period, ccProfile minting on the Ethereum mainnet will be suspended and ccProfile will cancel the invite mode.
In addition, CyberConnect has airdropped the BNB Chain version to user wallets for all existing Ethereum ccProfile holders, and the Profile is the same as on Ethereum. For existing ccProfile holders who created 12 or more characters in length on Ethereum, CyberConnect issued a compensation for the original Profile creation fee (0.01 ETH) to these user wallet addresses.
Aptos Labs invests in Indian social media app Chingari
Odaily News Aptos Labs has made an equity investment in Indian social media app Chingari. Chingari, a short video app with 5 million daily active users, will make Aptos its Layer 1 blockchain of choice. The new version of the Chingari app will go live in early Q2 2023. (The Block)
Cross-chain smart contract platform CLV announced the launch of Web3 chat protocol Wallet Talk
Odaily News According to official news, the cross-chain smart contract platform CLV (formerly Clover Finance) announced on Twitter the launch of the Web3 chat protocol Wallet Talk.
game
game
Dookey Dash ends, Mongraal tops the standings with 928,522 points
Odaily News The BAYC foundry game Dookey Dash came to an end, and professional player Mongraal topped the game scoreboard with 928,522 points.
It is reported that from January 18 to February 8, more than 25,000 Dookey Dash players ran 7.618 million times in the sewer of BAYC and spent nearly 145,000 APE in the game.
BAYC will launch the Dookey Dash game limited-time event "Lick Toad" on February 22
Odaily News Due to the extension of the review time for Dookey Dash game scores (expected to be announced on February 15th), BAYC has updated the event schedule and will add a new limited-time event "Lick the Toad" on February 22nd . Players will act as "toad catchers" to catch toads in this metaverse mini-game, earning points based on play time, debris collected and objects struck. This activity will also give players who have not had the opportunity to participate in the game or whose game scores have been cleared a chance to regain points. (NFTE Evening)
Odaily News NBA Top Shot, in cooperation with the NBA and its players association (NBPA), launched a limited collection of 99 "Legendary LeBron James Anthology Moment" for the moment when LeBron James (LeBron James) was elected as the NBA's all-time scoring leader.
NBA Top Shot snapshots and airdrops the top 25 collectors on James' player leaderboard, and will take another snapshot and airdrop to new top 25 users at 4:00 on February 17th. The remaining 49 copies will be drawn in a blind box for all users.
Chain game Illuvium will launch a customizable NFT series "Illuvium: Beyond" on March 7
Odaily chain game Illuvium announced on Twitter that it will cooperate with Binance, Immutable X and Chainlink to launch a customizable NFT series "Illuvium: Beyond" on March 7.
Previous investors in Mino Game include Sybo Games and Andreessen Horowitz, and the company has raised $25 million to date. (Venture Beat)
Game Developer Mino Game Completes $15 Million Funding Round Led by Standard Crypto
Odaily news game developer Mino Game completed a financing of 15 million US dollars, Standard Crypto led the investment, Boost VC, Collab Currency, Earl Gray Capital and Konvoy Ventures participated in the investment. Funding is used to create a Web3-enabled Dimensionals collectible role-playing game.
Previous investors in Mino Game include Sybo Games and Andreessen Horowitz, and the company has raised $25 million to date. (Venture Beat)
NFT chain game EtherOrcs Lianchuang announced that it will stop game development
Poof, the co-founder of EtherOrcs, an NFT game on the chain, announced that he will stop developing EtherOrcs. EtherOrcs has always been free to mint and unprofitable. When evaluating the "financing" path, the internal team found that projects like EtherOrcs are difficult for investors and venture capitalists to understand, and are more in line with independent game development.
security incident
security incident
dForce confirms attack and is working on remediation
Odaily news The DeFi protocol dForce confirmed the attack, and stated that "a few hours ago, the wstETH/ETH Curve gauge vaults on Arbitrum and Optimism were exploited, and we have immediately suspended dForce Vaults. The rest of the agreement is still intact. Users in dForce Lending The funds in are safe. We will issue a detailed report and remedial measures as soon as possible.”
According to previous reports, contributors to the Paidun community found that dForce was suspected of encountering a flash loan attack worth more than $1.7 million. dForce officially stated that it is already conducting an investigation and will announce the news soon. According to Paidun monitoring, dForce suffered a series of attacks on Arbitrum and Optimism, and the attackers made a profit of about 3.65 million US dollars.
Odaily News According to the official announcement of Umami, the risk hedging income agreement on Arbitrum, in Discord, its CEO Alex O'Donnell (@DefiAlpha) sold his UMAMI tokens. Due to the founder's actions, the team has resigned from Umami Labs LLC today. The protocol’s treasury assets are said to be safe and under the team’s control.
In addition, the team plans to move forward with a DAO structure and release the revenue product pool as planned. Umami tokens will function as previously promised. Umami DAO retains control of the code base including the revenue product pool and front-end.
Odaily XunPaiDun monitoring shows that CoW Swap, an anti-MEV decentralized trading protocol launched by Gnosis, is suspected of being attacked. Its GP v2 Settlement contract was tricked into approving SwapGuard for DAI spending 10 days ago, and SwapGuard was just triggered from GP v2 Transfer out DAI in Settlement. The data on the chain shows that its contract address has transferred more than 114,000 DAI.
Beosin: SushiSwap's BentoBox v1 contract was attacked, and the hacker made a profit of about $26,000
Odaily News According to the Beosin EagleEye security risk monitoring, early warning and blocking platform monitoring of the blockchain security audit company Beosin, the BentoBox v1 contract of SushiSwap, according to the analysis of Beosin security technicians, the attack was due to the price update of Kashi Medium Risk ChainLink later than After mortgage/loan. In the two attack transactions, the attacker flashloaned 574, 275+ 785, 560 xSUSHI respectively. After mortgage and loan, the price of kmxSUSHI/USDT in LINK Oracle dropped by 16.9%. By taking advantage of this price gap, the attacker can call the liquidate() function to liquidate and obtain 15,429+ 11,333 USDT. Beosin Trace traces and found that the stolen funds are still on the attacker's address: 0xe7F7A0154Bf17B51C89d125F4BcA543E8821d92F.
IOS
Android