Headline
Odaily News According to an announcement posted on the Fei Protocol Discord channel by the San Francisco Superior Court, wallet users who have participated in the Fei Protocol Genesis Event can fill out a form to apply for compensation. The deadline for submission is October 1, 2023. The loss is calculated by subtracting the initial value from the settlement value, with the initial value being the amount of ETH invested by the Genesis Event participants multiplied by the average daily price of 2,009.19 USDT. The settlement value is calculated based on whether FEI was sold. If it was not sold before January 27, 2023, it is recorded as 1 USDT. If it was sold, it is recorded based on the selling price.
In March 2021, Fei Protocol completed a $19 million financing round with participation from a16z, Framework Ventures, Coinbase Ventures, and others. Later that year, the project merged with Rari Capital in December. However, the project subsequently suffered multiple hacker attacks, with the largest loss totaling up to $80 million, causing the development of the project to come to a halt.
Cryptocurrency
Santiment tweeted that the shark and whale addresses of Bitcoin show no signs of slowing down, even as the Bitcoin price becomes "boring" in the $30,000 to $31,000 range. Since June 17, addresses holding 10 to 10,000 BTC have increased their holdings by a total of 71,000 BTC, equivalent to $2.15 billion, demonstrating their high confidence.
Blueport Interactive: Recently purchased approximately 44.2 BTC for $1.24 million
Blueport Interactive Group (08267.HK), a Hong Kong-listed company, announced that it has purchased a total of 44.2812 BTC in the open market for $590,000 and $650,000 respectively. The announcement stated that the purchase of Bitcoin is part of the group's Web3 business development and asset allocation strategy. The board believes that this move demonstrates the group's ambition and determination to embrace technological innovation and prepare for entry into the blockchain industry.
Project News
The Ethereum client Erigon updates its 2023 roadmap and introduces the Caplin consensus layer
The Ethereum client Erigon updates its 2023 roadmap, changing the execution layer upgrade from 2 to 1, which will be named Erigon 3 (previously Erigon 4). At the same time, the Caplin consensus layer is introduced, which is designed to run as a single process together with Erigon 3 or as an independent process.
UniSat Wallet will launch NFT series market next week
The Bitcoin-inscribed wallet UniSat Wallet will launch the UniSat Marketplace NFT series next week, supporting over 1500 NFT series. To celebrate the launch of the NFT series trading, UniSat plans to adjust the service fee for the entire market. In addition, UniSat Wallet announces that the first UniSat Collections NFT series, in collaboration with the interactive art collection project Recursive Playground, will be launched in the next few days, with more details to be announced soon.
Voyager has seen over $229 million in funds flow out since resuming withdrawals
Odaily News 21 Shares The parent company 21.Co's on-chain data analyst Tom Wan tweeted that since Voyager reopened withdrawals on June 23rd, over $229 million has been transferred out of the platform. Multiple wallets labeled as Voyager still hold $196 million worth of tokens, including $74 million in BTC, $52 million in ETH, 32 million USDC coins, $15 million in SHIB, and $7 million in VGX.
Investment and financing
Layer 1 blockchain project Shardeum has completed a round of strategic funding totaling $5.4 million. The company plans to use these funds to strengthen its ecosystem in preparation for the launch of its mainnet by the end of 2023. Participants in this funding round include Amber Group, Galxe, J 17 Capital, TRGC, Jsquare, Bware Labs, Tané Labs, Hyperithm Group, and Luganodes, among others. A representative from Shardeum stated that the company is currently valued at $248 million. In March of this year, Shardeum announced a strategic funding round of $5 million, following a seed funding round of $18.2 million from Spartan Group, Big Brain Holdings, Jane Street, Foresight Ventures, and others. (The Block)
Cryptocurrency app store Magic Square has completed a new round of strategic funding, with participation from Emurgo, the developer of Cardano.&n EMURGO Ventures participated in the investment, and the specific amount was not disclosed. Earlier news, the cryptocurrency application store Magic Square completed a $4 million financing with a valuation of $75 million, with participation from Crypto.com.
GigaSpace announces strategic investment from STEPN parent company FSL and ProDigital Future Fund
Metaverse company GigaSpace announces the completion of a new round of strategic financing, with participation from STEPN parent company Find Satoshi Lab and Web3 venture capital fund ProDigital Future Fund, with the specific amount currently undisclosed. The funds from this round of financing will be used to promote the development of STEPN City. Find Satoshi Lab will provide strategic guidance and resources to drive GigaSpace's growth and market share. GigaSpace aims to complete a $3 million financing this year, with Prodigital Future Fund leading its upcoming new round of strategic financing to accelerate GigaSpace's business expansion.
People's Voices
y2z Ventures partner: Fake authorization attack on BSC to deceive users and steal gas
y2z Ventures partner blanker.eth tweeted that due to the Multichain hacker attack, there is a call to revoke authorization. Fake authorizations have appeared on the BSC chain, and attackers are using security incidents to trick users into revoking authorization, causing a significant gas consumption attack. The attack method is as follows: when users see a security tool reminding them to revoke authorization, if they click to revoke authorization and send a transaction, CHI Tokens will be minted into the attacker's wallet, resulting in a loss of approximately $60 worth of BNB. blanker.eth suggested that the RevokeCash and Rabby Wallet teams could perform a gas check and issue an alert to users for excessively high gas limits or simply reject the transaction. Additionally, BSC can prevent this type of attack by integrating EIP-3298.
