During the week from April 10th to April 16th, the developments worthy of attention are as follows:Sui Announces SUI Token Community Access Program；Solana Web3 mobile phone Saga will be available for public sale on May 8th；EOS Network Foundation Announces EOS EVM Mainnet Beta Release；Sei Network Completes $30M Funding at $800M Valuation；Arbitrum Community Proposal AIP-1.05 Failed to Pass the Vote with 84% Opposition；Immutable launches $500 million ecosystem development fund Immutable Ventures；BNB Greenfield Testnet Congo is live；FTX has recovered $7.3 billion in assets, or is considering restarting the exchange business；MakerDAO Publishes "The Maker Constitution"；Euler Announces New Version of User Redemption Program；Yearn suspected of being hit by a flash loan attack, hackers made more than $10 million in profits。
Bottom-Layer 1
Bottom-Layer 1
Sui Announces SUI Token Community Access Program
Odaily News Sui announced the SUI token community access plan, SUI tokens will not be airdropped, but will provide supporters with the right to purchase. Eligible purchases include winners of the Capy Holidays contest during Round 1, some members of the organization Builder Houses and other key events, and some community participants.
Sui has now opened the qualification inquiry and information collection of the Token Community Access Program. Users must be active on Sui Discord before February 1, 2023 to pass verification and fill out the form. This form is used to qualify for the purchase of Token as a commendation sale ( Collect basic information about backers who are part of the Recognition Sale.
Information submitted therein will be used to verify recipients against the criteria set out in the program, and only confirmed recipients will receive an email to register with the trading platform. In addition, Sui stated that filling out this form does not guarantee the distribution of purchase qualifications, and this form is not used for identity verification or KYC on the trading platform.
BNB Beacon Chain is expected to undergo a scheduled hard fork upgrade on April 21
Odaily News BNB Beacon Chain is expected to undergo a scheduled hard fork upgrade at block height 310182000. Based on the current block generation rate, the hard fork is expected to occur on April 21, 2023 at 7:00 UTC. Full node runners on mainnet must switch their software version to v 0.10.10 by April 21st.
Aptos AIP-17 proposal has been voted through, Gas efficiency will be significantly improved
Odaily News According to the official Twitter, Layer 1 network Aptos announced that its community has voted through the AIP-17 proposal, Gas efficiency will be significantly improved, Gas fees will also become lower, and the execution Gas usage will increase by 100 times, 90% Transactions are at least 90 times higher. Aptos also introduces a gas-efficient data structure through smart vectors and smart tables to improve the Gas storage footprint while reducing the overall execution cost. When storage and execution Gas are coupled, the execution cost can be safely changed without affecting storage after decoupling , to further reduce Gas costs.
In addition, the data shows that about 4.5 million Aptos native tokens APT will be unlocked in the near future.
Aptos launches $20M grants program to encourage artists to create on-chain
Odaily News Aptos announced that it will launch a $20 million grant program to encourage artists to use the Aptos blockchain to create. Creators can submit applications on the Aptos Foundation's website. Aptos will provide the winners with funding and "infrastructure access" to help them "get the most out of" the Aptos ecosystem.
Aptos said it has awarded $3 million in funding to artists and creators keen to use its blockchain to create Web3 projects. (The Block)
Solana Web3 mobile phone Saga will be available for public sale on May 8th, priced at $1,000 each
Odaily News According to the product launch conference held on April 14, the Solana Web3 mobile phone Saga will be available for sale on May 8, and pre-order devices are now shipped. It is reported that each Saga is priced at $1,000, equipped with 512 GB of storage space, two rear camera lenses, a 6.67-inch OLED display and fingerprint unlocking, and has a dedicated dApp that only lists encrypted applications and stores encrypted user private keys. A secure element separate from the rest of the phone's data.
EOS Network Foundation Announces EOS EVM Mainnet Beta Release
Odaily News According to the official announcement, the EOS Network Foundation (ENF) announced the launch of the Beta version of the EOS EVM mainnet to achieve interoperability between the Ethereum and EOS ecosystems.
Klaytn will burn half of its total token supply, worth approximately $1.3 billion
Odaily news South Korean blockchain project Klaytn will carry out a hard fork upgrade at block number 119, 750, 400 (April 17), and will destroy about half of the total supply tokens, which is about 5.28 billion KLAY (worth $1.3 billion).
The burned tokens came from Klaytn’s treasury (7.281 billion in total), which were minted during the 2019 mainnet launch. The remaining 2 billion tokens in the reserve will be kept and used to fund future ecosystems; but if usage is not guaranteed, these tokens will also be burned within three years. (Techinasia)
Odaily News Sei Network announced that it has completed a financing of US$30 million at a valuation of US$800 million. This round of funds will be used for development and marketing in the Asia-Pacific region. Previously, Sei raised a US$5 million seed round of financing in August 2022. Investors in the new round include Jump Capital, Distributed Global, Multicoin Capital, Asymmetric Capital Partners, Flow Traders, Hypersphere Ventures, and Bixin Ventures.
Sei said its latest public testnet attracted about 3.6 million unique users and processed more than 35 million transactions in less than a month in mid-March. (TechCrunch)
Sei said its latest public testnet attracted about 3.6 million unique users and processed more than 35 million transactions in less than a month in mid-March. (TechCrunch)
Kava 13 will be released on May 11 at 1 AM
Bottom layer-Layer 2
Bottom layer-Layer 2
Arbitrum Community Proposal AIP-1.05 Failed to Pass the Vote with 84% Opposition
Odaily News Arbitrum community proposed "returning the remaining 700 million ARBs of the foundation to DAO" proposal AIP-1.05 was not voted, and the negative votes accounted for 84.01%. It is reported that the Arbitrum community initiated the AIP-1.05 proposal heat check vote, proposing that the Arbitrum Foundation return 700 million ARBs to the DAO Treasury.
Additionally, the price of Arbitrum’s governance token, ARB, has risen by more than 8% in the past 24 hours. At press time, ARB was trading around $1.66.
Odaily News According to official news, Immutable X, the development company of Immutable X, the Ethereum NFT layer-2 expansion solution, has launched a $500 million development fund, Immutable Ventures (Immutable Developer and Venture Fund), dedicated to supporting Web3 games and NFT projects based on Immutable X.
The fund will distribute grants and investments consisting of a combination of IMX tokens and cash to games and projects built on the Immutable X platform, and will work with developers, IP holders and strategic partners to provide support, thereby promoting the Immutable X platform. Development of the X protocol.
Additionally, Immutable Ventures has made several strategic investments in Web3 companies and NFT startups, including Starkware, Stardust, PlanetQuest, and Topology.
Scroll co-founder Sandy Peng: Scroll will launch the main network in the next three to four months
Odaily News At the FORESIGHT 2023 Annual Summit, Sandy Peng, co-founder of ZK Rollup-based Ethereum expansion network Scroll, said that Scroll is using a two-layer network to solve the relatively congested needs of the Ethereum network and provide developers with EVM equivalence , ensuring low cost, high efficiency and decentralization while providing Ethereum security. In the process of development, Scroll puts the demands of developers and the community first. In the near future, it may launch a partner plan to stimulate ecological development, and the main network will be launched in the next three to four months.
Zero-knowledge proof Layer 2 CryptoGPT completes $10 million in financing, led by DWF Labs
Intmax, a zkRollup project, completed a seed round financing of approximately 650 million yen, with participation from HashKey Capital and others
infrastructure components
The company stated that it will use zkRollup to build an infrastructure based on Ethereum encryption technology, thereby achieving near-zero gas costs and data sovereignty. In addition, Intmax is expected to start trials on the Ethereum mainnet in the second quarter of 2023 (April-June). Operation, the main network will be launched in the fourth quarter (October-December). (Our Bitcoin News)
infrastructure components
BNB Greenfield Testnet Congo is live
Odaily news BNB Greenfield testnet Congo has been launched, and the official calls on testnet verifiers, storage providers (SP) and dApp builders to join the decentralized storage technology stack to shape the future of data ownership in Web3.
It is reported that the testnet v 0.1.0 version released this time provides a strong foundation for developers and the community to improve and build in future testnet versions. Note that the testnet and mainnet (will be launched in Q3) will have different rules of engagement.
BNB Greenfield is an innovative blockchain and storage platform designed to unleash the power of decentralized technology for data ownership and the data economy.
BNB Greenfield has open-sourced all core infrastructure code
Odaily News BNB Chain tweeted that BNB Greenfield has open-sourced all core infrastructure codes, including the Greenfield blockchain, storage provider clusters, cross-chain repeaters, and corresponding SDKs.
a16z Crypto's engineering team released open source tools such as Halmos and Helios
secondary title
CeFi
FTX has recovered $7.3 billion in assets, or is considering restarting the exchange business
Odaily News FTX has recovered $7.3 billion in assets. Contains $2 billion in cash, $4.3 billion in Class A cryptocurrencies, $300 million in securities, $600 million in investment receivables, etc.
Its lawyer Sullivan Cromwell said in a court hearing on Wednesday: FTX is considering reopening the exchange business at some point in the future. One possible option is for FTX creditors to convert their claims into shares of the reopened exchange. The time to restart the exchange business may be the second quarter, around July.
OPNX CEO: Su Zhu and Kyle Davies are currently not involved in OPNX's daily affairs
Odaily News Open Exchange (OPNX) CEO Leslie Lamb revealed in an interview with 0x 137, deputy editor-in-chief of Rhythm BlockBeats, that OPNX hopes to become the largest encryption exchange in the future, attracting users through debt claims, and retaining users through Crypto diversified transactions.
Su Zhu and Kyle Davies contributed a lot to the early ideas and vision but are no longer involved in OPNX day-to-day.
secondary title
DeFi
Odaily News According to Uniswap’s official push, its mobile wallet app has been launched on the App Store in most countries. The mobile wallet will allow users to buy cryptocurrencies with fees as low as 2.55%, and users will also be able to trade on some DeFi platforms, including Polygon, Arbitrum, and Optimism. The wallet features in-app token prices and NFT data, allowing users to bookmark tokens and wallet addresses so they can track the transaction activity that matters most to them. (CoinDesk)
MakerDAO Publishes "The Maker Constitution", Establishing 11 Principles
Odaily News MakerDAO announced "The Maker Constitution" today, establishing 11 principles.
MakerDAO believes that following the fundamental values of blockchain technology, cryptocurrencies, and DeFi can survive destructive centralized security incidents and competition from rivals. Therefore, for the decentralization of MakerDAO, The Maker Constitution was formulated.
The constitution has a total of 11 principles, which clearly define the purpose, value, and risks of MakerDAO, and how to ensure the decentralization, security and stability of MakerDAO through the governance process.
The proposal "Deploy Aave V3 to StarkNet" has passed the temperature check vote
Odaily’s Snapshot page shows that the proposal on “deploying Aave V3 to StarkNet” passed the temperature check vote with a support rate of 99.98%.
According to the proposal, the integration plan between Aave and StarkNet will be carried out in two phases, the first phase of which is to deploy a cross-chain bridge for aTokens between Ethereum and StarkNet, which has been voted by the community. This proposal aims to complete the second phase, which is the full deployment of the Aave protocol on StarkNet.
The proposal is currently under discussion. According to the voting rules, it will be discussed through non-binding forum voting for at least 3 days to gauge sentiment before it can be assigned a YIP number and transferred to a snapshot for binding voting by veYFI holders. However, in In the current poll, 20 people have voted, 11 of whom have voted against. Polls will continue for three more days.
The proposal is currently under discussion. According to the voting rules, it will be discussed through non-binding forum voting for at least 3 days to gauge sentiment before it can be assigned a YIP number and transferred to a snapshot for binding voting by veYFI holders. However, in In the current poll, 20 people have voted, 11 of whom have voted against. Polls will continue for three more days.
Odaily News SushiSwap released an update on the RouteProcessor 2 vulnerability and user refunds, saying that for the recovered white hat funds, the team will create a Merkle Claim contract and a website to remove any remaining RouteProcessor 2 approvals and return user funds to their wallets .
For unrecoverable black hat funds, the Sushi team will establish a claims process that users can opt in to and claims will be managed on a case-by-case basis. Black hat funds will take longer to process as the team will manually verify the legitimacy of the claim based on on-chain data and then pay out accordingly.
Odaily News Euler updated the previously announced user redemption plan. It was previously decided that assets and liabilities will be determined based on the block height when the protocol is disabled. The new version takes into account the exchange rate fluctuations, insurance expenses, and additional effects of reserves for each ordinary depositor. Therefore, differential repayment will be carried out. Since people holding open positions have given up trading profits due to the suspension of the agreement, the new version has designed a more specific repayment plan for this situation.
Trader Joe's Already Supports Permissionless Liquidity Pool Creation
Odaily News DEX Trader Joe has supported the creation of permissionless liquidity pools on Avalanche, Arbitrum, and BNB Chain. Only 1% transaction fee is currently supported, and 0.25% and 0.5% transaction fee options will be supported in the future.
DODO V3 launches beta testing, allowing professional LPs to create leveraged market-making pools
Odaily News Multi-chain DEX aggregator DODO announced that DODO V3 is undergoing Beta testing, and liquidity providers (LP), market makers, and DeFi Degens can participate and provide feedback. It is reported that DODO V3 is a leveraged AMM (LMM), which allows professional LPs to create leveraged market-making pools and provide real yield (Real Yield) for retail LPs.
SyncSwap Chinese Twitter was abandoned by the project party due to airdrop-related comments
Odaily News SyncSwap Chinese Twitter released information about token airdrops, which mentioned that airdrops and transaction incentives in token distribution are separate, and the share of airdrops is 15% of the total. However, the current official token economics document has set permissions and Unable to view.
In addition, SyncSwap Chinese Twitter also stated that Chinese Twitter has been deprecated and will not update any tweets.
NFT
According to Odaily, according to the official website of ELEDAO, Element, the multi-chain aggregation NFT trading market, is expected to issue a total of 2 billion ELE tokens. Among them, 3.6% have been clearly airdropped to previous community activities, including 1.1% airdropped by OG users, 1.25% airdropped by Element Storm activities, and 1.25% airdropped in the first phase of Element Creation NFT Collection (EPG).
There will be an unspecified amount of Element standard NFT (EPS) airdrops to be released in the near future.
ELEDAO has not fully announced the overall economic model of future tokens.
Doodles launches applications for 5 community board key roles
Odaily News The NFT project Doodles announced on Twitter that it has officially launched applications for five key community committee roles, namely: community chairman, treasurer, activity committee, appropriation committee, and incentive committee. The application deadline is April 17, 2023. Only Doodles NFT holders are eligible to participate.
Odaily News NFT project "Goblin" Goblintown development company Truth Labs announced on social media that it will start contract upgrades and migrations, aiming to ensure the future implementation of a 5% royalty rate. In addition, the company also announced that it will update goblintown, Illuminati NFT , The 187, and Grummpls metadata for four NFT series.
Truth Labs disclosed information that related NFT series will stop bidding on the Blur platform on April 13, 2023 Eastern Time, and the new NFT will be airdropped to current holders within 24 hours after the contract is upgraded and migrated. , after which a 5% royalty rate will be enforced on all collections.
Odaily News ConsenSys has now opened the public version of the Ethereum Shanghai upgrade commemorative NFT series "Ethereum, Evolved: Shanghai" public version casting, and the casting window will be open for 72 hours. Any user can use the MetaMask wallet to claim NFT for free, but a gas fee is required.
game
game
SHIB: The Metaverse is expected to open this December and will be developed on Shibarium
Odaily News Shiba Inu (SHIB) developers said in an update on Monday that SHIB: Metaverse, a project to expand the utility of the SHIB ecosystem, is expected to open in December this year. It's unlikely the Metaverse will be fully completed at launch, as it will be a "work in progress".
security incident
security incident
Bitrue Hot Wallet Hacked, About $23 Million in Tokens Stolen
Odaily News The encryption exchange Bitrue tweeted that at 15:18 on April 14, Beijing time, a vulnerability was found in a hot wallet, and the team quickly resolved the problem and prevented funds from being stolen. The Bitrue team takes this matter seriously and is currently investigating the situation. Attackers have stolen approximately $23 million worth of ETH, QNT, GALA, SHIB, HOT, and MATIC. The affected hot wallets accounted for less than 5% of the total funds, and the rest of the wallets remained safe from the attack.
For additional security checks, Bitrue will suspend all withdrawals and will reopen on April 18, 2023. All users determined to be affected by this incident will be fully compensated.
South Korean Cryptocurrency Exchange Gdac Hacked, Losing Nearly $13 Million
Odaily News According to official news, South Korean cryptocurrency exchange Gdac was hacked and lost nearly 13 million US dollars.
The hackers reportedly moved nearly $13 million, or 23 percent of their total custody assets, from the Gdac hot wallet to an unidentified wallet. Hackers stole nearly 61 BTC, 350.5 ETH, 10 million WEMIX and 220,000 USDT.
Currently, Gdac says it has notified the authorities of the hack and is working to recover the funds.
Yearn suspected of being hit by a flash loan attack, hackers made more than $10 million in profits
Odaily News According to the Beosin Eagle Eye security risk monitoring, early warning and blocking platform monitoring of the blockchain security audit company Beosin, the Yearn Finance project is suspected of being attacked by flash loans, which involves the Aave:Lending Pool Core V1 contract address, and the hackers profited More than 10 million US dollars, all the funds are currently stored in the hacker's address.
Hundred Finance Hacked, Losing $7 Million
Odaily News According to @peckshield monitoring, Hundred Finance was hacked and lost $7 million.
Terraport Project Suspected to Be Hacked, Losing Nearly $4 Million
Odaily News TerraCVita, a decentralized financial project launched by TerraCVita, an independent development team of Terra Classic, was attacked by hackers and all its liquidity was exhausted. Terra Finder data shows that nearly $4 million worth of LUNC, USTC and TERRA tokens have been emptied. The attacker withdrew 9,148,426 TERRA and 15.1 billion LUNC in the first transaction, and 576,736 TERRA and 5,487,381 USTC in the second transaction.
Currently, the Terraport smart contract holds 2.8 million LUNC worth $362. As of press time, there has been no official announcement from the TerraCVita and Terraport teams.
Slow Mist: zkSync Era mainnet SyncDex project ran away, Rugpull over $370,000
Odaily News According to information from the Slow Mist District, the zkSync Era mainnet SyncDex project had a Rugpull at 3 am today, and the official Twitter account has been deleted. A total of $370,000 in user stake funds were transferred to the SyncDex contract creation address 0x 5 aA 713 AEDe 567 e 223 A 950 2c C 070 FADEAc 47 fE 194 .
According to the follow-up analysis of the SlowMist MistTrack team, the funds have been exchanged for ETH and cross-chained to the BNB Chain, and then transferred to the Mexc exchange after being exchanged for BNB; the source of the handling fee is also Mexc. The SlowMist security team will continue to assist the community in following up on the Rugpull incident.
Cross-chain lending protocol Paribus hacked, losses around $100,000
Odaily News According to Paidun monitoring, the cross-chain lending protocol Paribus has been attacked and the loss is about 100,000 US dollars. The reason for the attack is that it uses a fork of the old version of Compound V2, which has a known reentrancy vulnerability.
Consensys: Personal information of 7,000 MetaMask users leaked
Odaily News Consensys said that between August 2021 and February 2023, an estimated 7,000 people had their personal information, such as email addresses, compromised. Fraudsters targeted one of MetaMask's third-party service providers to gain access to personal data such as email addresses. Although the unauthorized access has been stopped and the threat no longer persists. However, Consensys believes that affected users could be the target of future phishing scams, noting that users should be aware of the potential threat.
Users of MetaMask's browser extension and mobile app were not affected, according to Consensys. (Blockworks)
Odaily News GitHub user "veryordinally" first disclosed on April 5 that there was a code loophole in the Bitcoin native Ordinals protocol, which prevented more than 1,200 inscriptions from being verified. The vulnerability comes from the protocol's indexer function, which only counts inscriptions in the first input of transactions submitted to and including protocol version 0.5.1.
Solutions to this vulnerability are currently being discussed in the community. The first solution involves choosing a block height to retroactively index the so-called "orphan" inscriptions starting with inscription number 420,285, which is approximately the first orphan inscription identified location. Another solution is to not change the already verified inscription numbers, and choose a block height to add these orphan inscriptions at some point in the future.
According to a Twitter poll created by Leonidas.og, at the time of writing, 67.5% of the 1266 voters voted in favor of not changing the inscription number. As for the first solution though, Leonidas.og said: "This feels like a 'purist' solution, as it means that the Ordinals protocol will correctly match the logical order on-chain, but this may cause other complications. "
