rye (@strickland58284) • Hey

project manager

Stats

Following: 27
Followers: 17

Publications

DePIN project Roam (formerly MetaBlox) has recently received another investment from Samsung Next after completing a strategic round of financing of US$ 5 million at the end of 2023. This investment will further promote the construction of Roam in the DeWi track ecosystem and global WiFi roaming network nodes. The global WiFi roaming network has begun to take shape, driven by Roam’s decentralized solution. Samsung Next said that Samsung and Roam are both members of the WBA organization. The two share a common vision of achieving seamless global WiFi roaming, and Roam’s innovative Web3 solution provides the last piece of the puzzle for the implementation of OpenRoaming™ networks. With the support of Saumsung Next, Roam will accelerate the construction of a globally unified decentralized WiFi roaming network, reshape the WiFi connection experience, and build a more secure and friendly user ecosystem.
Jupiter stated on social platforms that its second LFG vote has ended, with 230 million JUP participating in the vote and a total of 334,000 users participating. Liquidity staking protocol sanctum and decentralized AI network information analysis platform UpRock won the vote to become the next two teams to launch on LFG.
The public consultation on Hong Kong's virtual asset over-the-counter trading service provider (OTC) licensing system ended last Friday, but the system only covers a very small number of currencies such as Bitcoin and Ethereum, causing concerns among some practitioners. In response to this situation, the Hong Kong Virtual Asset Industry Association called on officials to exempt USDT and USDC from transaction restrictions to avoid significant impact on business development. Some practitioners said that reducing the number of tradable currencies may lead to the transfer of business to other regions. In addition, some practitioners have expressed concerns about the proposed transfer threshold of HK$ 8,000 to strengthen customer due diligence, arguing that it may lead to a loss of customers. At the same time, requirements such as appointing a compliance officer and a money laundering reporting officer may pose significant cost pressures for smaller OTCs.
AlienX Chain, a high-performance blockchain driven by AI nodes, is now connected to the OKX Web3 wallet. Users can Stake, complete tasks and obtain Airdrops in AlienX through the OKX Web3 wallet. ALIENX Chain is the only high-performance staking public chain driven by AI nodes. The project is jointly launched by AlienSwap, Offchain Labs and Caldera. The AI Node formed by ALIENX by integrating blockchain decentralized nodes with AI technology plays a vital role in the underlying infrastructure of the blockchain.
Jeremy Horn, co-founder of Xterio, a chain game publisher, posted on social media, “The SocialFi platform will be launched soon, aiming to create new promotion strategies, encourage users to create content, build a bridge between tokens and NFT collectibles, and reward each participant. And build a strong Xterio community."
On April 8, the Bitcoin protocol Atomics Protocol stated on its social platform that the ARC-20 split plan has entered the testing phase. The split is said to enable sending as little as 1 unit of tokens and overcome Bitcoin dust limitations while still maintaining the key attribute of all tokens being backed by Satoshis
Ripple development arm RippleX has revealed a technical issue affecting the automated market maker (AMM) pool on the XRP Ledger. The breach disrupted transactions and funding pools, prompting RippleX management to update users on the status of fund deposits. It is reported that the issue can cause transactions to be processed incorrectly, and RippleX recommends that users no longer deposit funds into the affected AMM pool. This precautionary measure is intended to eliminate any possible complications that may arise from the current vulnerability, and those who own LP tokens in these pools are advised to redeem them until the issue is resolved.
According to the Snapshot governance page, the Aave community voted to pass the "Abandon Stable Interest Rate Mode" ARFC proposal, which proposes to completely abandon the stable interest rate mode in Aave v2 and v3 and switch all user positions to floating interest rates.
The OKX Web3 wallet is now connected to the Merlin Chain network. Users do not need to manually configure it. They can switch to the Merlin Chain network with one click for corresponding currency management. In addition, Merlin Chain network ecological DApp interaction can be simultaneously realized in the OKX Web3 wallet discovery section. It is reported that Merlin Chain is a BTC Layer 2 network that focuses on serving native Bitcoin users, assets and protocols. It uses ZK technology to achieve the sharing of a layer of Bitcoin security. OKX Web3 Wallet is a one-stop Web3 portal that now supports 90+ public chains. The three terminals of App, plug-in and web page are unified, covering 5 major sectors: wallet, DEX, DeFi, NFT market, DApp exploration, and supports Ordinals market, MPC and AA smart contract wallet, exchange Gas, connect hardware wallet, etc.
Cryptocurrency super PAC Fairshake, which has raised millions in recent months, raised $ 4.9 million from Gemini co-founders Cameron and Tyler Winklevoss, Bloomberg reported, citing new federal filings. Fairshake has received millions in funding from venture capitalists like a16z co-founder Marc Andreessen and Ben Horowitz, as well as companies including Coinbase Global Inc. and Ripple Labs, and raised another $ 6.3 million in January, according to its latest filing with the Federal Election Commission. Dollar.
Eli Regalado and his wife Kaitlyn launched a crypto token called INDXcoin last year, CoinDesk reported. Colorado Securities Commissioner Tung Chan filed charges last week against the couple and the entities they ran, accusing them of pocketing $ 1.3 million in cryptocurrency proceeds from more than 300 investors who were unable to recover any funds. Eli Regalado said about $ 500,000 of that amount went to the Internal Revenue Service, and "hundreds of thousands more" were spent on a home renovation project "that the Lord told us to do."
Real World Asset (RWA) project Ondo Finance has unveiled its ecosystem directory on its social platforms, which includes leading providers in liquidity, custody and other key areas. Among the asset management companies and trust companies are Morgan Stanley, BlackRock, Ankura Trust, Clear Street and NAV Consulting. In addition, industry partners in this project also include projects such as Solana, Jupiter, FusionX Finance, and Injective. It is reported that the directory is designed to help protocols focus their efforts on these partners and help customers find reputable participants to help them achieve their goals.
According to the Snapshot governance page, the Arbitrum community initiated a voting on the "Long-term Incentive Pilot Program" proposal, which plans to pilot a distribution of 25-45 million ARB to protocols built on Arbitrum. The proposal states that it aims to establish a long-term incentive pilot program for the DAO to test new incentive designs and answer the questions needed to ensure that Arbitrum is ready to commit to long-term plans. The program will distribute ARBs to protocols within 12 weeks.
Binance will support Fetch.ai (FET) and MultiversX (EGLD) network upgrades
To support the Ordinals Jubilee BRC-20 upgrade, UniSat has announced that it will conduct a network upgrade from 08:00 UTC on January 5 to 08:00 UTC on January 6. During this period, the BRC-20 market will be temporarily closed. UniSat guarantees that, with the exception of the BRC-20 market, all other services will operate as normal.
Radiant Capital resumes its lending market operations at Arbitrum
Sei Labs co-founder Jayendra (Jay) Jog posted on social media that Sei v2 will support both EVM and Cosmwasm. By using stateful precompilation and chain-level message scheduling, EVM and Cosmwasm contracts will also be able to call each other.
According to the Snapshot governance page, the GMX community launched the "Create BNB Market on GMX V2 (Arbitrum)" proposal to determine whether to establish a BNB market in the GMX V2 deployment on Arbitrum Mainnet. The vote will be on January 3, 2024 Finish.
Zhu Su posted on social media that he believes that inscriptions are a quite disruptive new primitive in the field of encryption. Conceptually, it is between ordinary tokens and NFTs, but in fact, it is better than existing ones. Smart contract logic is much cheaper. Basically put the value in the notes field, just like passing notes in a book.
Irys official responded on social media to the Arweave founder's previous remarks about "Irys planning to fork Arweave", saying that the behavior of Arweave founder Sam Williams is tragically ironic. Arweave's purpose is to become open source and permissionless. software, while Sam attempts to separate Irys from Arweave. Irys has never and will never take away users' choice about where their data is stored. Creating unrestricted access to persistent data for users is at the core of Irys' work. Irys remains committed to censorship-resistant, open source, and permissionless technology.
The OKX Web3 plug-in wallet batch transfer now supports the Nostr Assets protocol. Users can transfer SATS, TREAT, and TRICK assets in batches through the OKX Web3 wallet. Currently, a single transfer is supported to up to 20 addresses, which is more secure and convenient, and improves the efficiency of capital flow. It is reported that OKX Web3 Wallet is the leading one-stop Web3 portal. It now supports 80+ public chains. The three terminals of App, plug-in and web page are unified, covering 5 major sectors of wallet, DEX, DeFi, NFT market, DApp exploration, and supports Ordinals. Market, MPC and AA smart contract wallets, exchange Gas, connect hardware wallets, etc.
According to the Snapshot governance page, the Aave community has voted to approve the ARFC proposal to "list ETHx on the Aave V3 Ethereum network." ETHx is Stader's liquidity pledge token to enhance LST liquidity and asset diversity.
, the Arbitrum DAO voted to approve a 21.1 million token (approximately $ 23.5 million) grant proposal for projects that missed out on the initial 50 million token Short-Term Incentive Program (STIP) funding. In addition to the 29 projects funded in the first round, 26 more projects will now receive funding, with the largest being Gains Network receiving 4.5 million tokens ($ 5 million). Stargate Finance and Synapse will also be funded with 2 million ARB tokens each ($ 2.2 million), while Wormhole will receive 1.8 million tokens ($ 2 million). With the approval of the new proposal, STIP’s total planned budget has increased to 71.1 million ARB tokens. Under the proposal, additional funds would be distributed after a three-day waiting period.
According to NFTGo.io data, the floor price of the NFT project "Pudgy Penguins" exceeded 10 ETH, continuing to hit a record high. The current floor price is 10.59 ETH, with an increase of 70.56% in the 7th day.
According to official announcements, Coinbase International Exchange and Coinbase Advanced will add support for perpetual futures contracts for Cardano (ADA), Chainlink (LINK), Dogecoin (DOGE), and Stellar (XLM). The trading platform plans to open trading in the ADA-PERP, LINK-PERP, DOGE-PERP and XLM-PERP markets after 10 a.m. UTC on November 30, 2023.
Circle announced it has signed a memorandum of understanding with SBI Holdings to support future work. This collaboration is initially dedicated to the circulation of USDC and expanding the use of stablecoins in Japan. SBI Group and Circle have also committed to properly complying with stablecoin-related regulations, including communication with Japanese regulators. In order to circulate the USDC stablecoin within Japan, SBI VC Trade Co., Ltd. is seeking to register as an electronic payment instrument service, pending approval by the authorities.
Grayscale GBTC negative premium rate narrowed to 10.11%, hitting a new low since August 12, 2021
Fabian Gompf, the new CEO of the Web3 Foundation, the Polkadot development organization, said in an interview that Polkadot is about to undergo a major transformation. Polkadot will abandon parachain slot auctions in favor of a new mechanism that allows application developers to rent block space as needed. Polkadot’s parachain system “will undergo fundamental changes by the end of this year and early next year.” Previously, Parity research analyst Joe Petrowski said in the Polkadot Governance Forum that Agile Coretime (Polkadot 2.0) is expected to be launched on the Rococo test network by the end of the year, the Kusama pilot network in the first quarter of next year, and the Polkadot main network in the second quarter.
StaFi announced that its mainnet has successfully integrated SSV Network’s DVT technology. Users can now stake DVT using their ETH tokens through StaFi’s rToken app. This cooperation between StaFi Protocol and SSV Network aims to leverage the advantages of DVT technology to strengthen StaFi’s staking ecosystem. DVT technology allows an Ethereum PoS validator to run on multiple nodes, allowing a group of nodes to work together as a single validator. With the introduction of DVT, StaFi will enhance the security of its staking infrastructure and reduce the likelihood of validators being penalized.
It is reported that after relaunching the investment immigration program, the Hong Kong government is considering listing virtual assets such as Bitcoin on licensed virtual asset trading platforms as acceptable investment projects. This measure aims to expand the asset scope of investment immigrants to attract more high-net-worth individuals to settle in Hong Kong. Although there have been calls for real estate investment to be included in the qualifications, the government has so far remained neutral and emphasized that real estate investment is not included. The move is expected to enhance Hong Kong's competitiveness in the global wealth management field, while attracting the attention of more family offices and asset managers.
Circle co-founder and CEO Jeremy Allarie said on social platforms that Circle will soon launch new products on Solana, including its euro stablecoin EURC and cross-chain transfer protocol CCTP. Implementing CCTP on the Solana chain will be a major breakthrough, allowing users to send and receive USDC via Ethereum, Cosmos, Avalanche, and other EVM-enabled L2 networks.
Blockchain data analysis platform Nansen CEO Alex Svanevik posted on social platforms, "Our goal is to launch a new version of Nansen at the beginning of every new bull market. Nansen 1 was launched in April 2020; the official version of Nansen 2 will be launched soon. , so stay tuned.”
Avalanche said on the Users will continue to enjoy similar interfaces, URLs, and APIs that they currently use, with C-chains and all subnets now supported. The Snowtrace.io domain will remain active and will be fully transitioned to Avascan on November 30th with no interruption in service.
FTX founder SBF testified on Monday that FTX's collapse was caused by the failure of Caroline Ellison, head of its Alameda Research trading firm, to adequately hedge against a market downturn. He said he asked Caroline Ellison to make the trade to offset the risk of falling cryptocurrency prices starting in the medium term. "Ellison agreed Alameda should be hedging and said some risky investments should not be made," SBF said in response to questions from defense attorneys.
Camelot, the DEX built on Arbitrum, announced that after becoming the only protocol to receive 200 million votes, Camelot received 3.09 million ARB donations and will begin distributing them in the coming weeks. The donation will be used to bring new builders to the ecosystem, support native protocols, and advance ARB adoption.
According to Thomas Braziel, a partner at 117 Partners who specializes in FTX claims, some over-the-counter valuations of FTX claims have exceeded 50%, indicating that the market currently expects about half of user assets to be recovered. On Friday, a claim worth more than $20 million sold at auction for about 52 percent of the price, but only the "largest, cleanest claims" fetched that price. Enthusiasm surrounding the value of FTX’s debt has grown since artificial intelligence company Anthropic recently announced a number of large investments. FTX holds a large stake in Anthropic after investing $500 million in it, and Anthropic's valuation has gradually increased during the year. Creditors hope that the sale of Anthropic shares will help return funds to creditors, potentially leading to a full recovery. In a social media poll in January this year, a majority of respondents said they expected to recoup only 25% of their funds. FTX debtors, led by current FTX CEO John Ray III, have since attempted to recover their funds, beginning to sell tokens and liquidate other assets.
Stride, the Cosmos ecological liquidity staking protocol, stated on social platforms that due to ATOM staking rewards fluctuating more than expected, Stride's on-chain security check suspended ATOM's liquid staking function to ensure safety. User funds are not at risk and all stATOM functionality will be restored within 3 days. During this period, stATOM will still accumulate staking rewards as usual and will be displayed within 3 days.
Cryptocurrency interoperability project Axelar has launched a scaling plan proposal that proposes short, medium and long-term scalability plans to maintain a strong and decentralized technical infrastructure, according to its governance interface. Short-term plan: Modify the network’s inflation parameters. At the same time, a Gas burning mechanism is introduced to offset inflation and further maintain the strong decentralization of the network; Mid-term plan: Transition to establishing connections within virtual machine smart contracts and replacing inflationary rewards with explicit reward pools for each new chain; Long-term plan: Expand use of more lightweight client connections where appropriate.
British think tank Policy Exchange recently released a comprehensive report on Web3, making a number of recommendations aimed at strengthening the UK's Web3 competitiveness. The report states that the UK needs to re-evaluate the UK Financial Conduct Authority (FCA)’s KYC requirements for cryptocurrencies and explore and develop “alternative and innovative technologies”, including on-chain identity and blockchain analysis tools, to achieve regulatory purposes. Another important recommendation is to clarify the limited legal liability of individuals in a decentralized autonomous organization (DAO).
According to data from Bitcoin investment company NYDIG, the price of Bitcoin fell by 11.1% in the third quarter of this year. Among major asset classes, the price performance was only better than that of long-term Treasury bonds (which fell by 11.9%). However, Bitcoin was not the only asset to fall this quarter. Nearly every other asset class, including stocks, bonds, gold and real estate, fell in the third quarter. Additionally, despite a poor third quarter, Bitcoin continues to maintain its status as the best-performing asset/asset class this year, up 63.3% year-to-date
On October 2, Starknet ecological DEX 10KSwap stated on its social platform that the LP data display problem was caused by an API failure and has now returned to normal. User funds are safe. Previously, according to community feedback, its LP data could not be displayed, and LP funds could not be withdrawn from the front end of the protocol. As of press time, 10KSwap TVL reached US$5.46 million.
According to Lookonchain monitoring, the FTX account attacker once again transferred 7,500 ETH (approximately $12.62 million) 9 hours ago. In the past two days, the FTX account attacker transferred 22,500 ETH (approximately $38 million) and currently holds 163,235 ETH (approximately $275 million)
Bitget announced the launch of a VIP experience plan in the official Space, aiming to comprehensively improve user experience. Original VIP users, VIP users from other platforms, and users who invite friends, etc., and users who meet official regulations can enjoy multiple benefits such as a 31-day VIP trial period, interest rate coupons, trial funds, cold wallets, JD gift cards, etc.
According to Spot On Chain monitoring, venture capital institutions seem to have taken different actions against LDO recently, specifically: 18 hours ago, Brevan Howard Digital deposited 250,000 LDO (approximately $372,000) into Coinbase Prime at an average price of null.488. Since September 5, Brevan Howard Digital has deposited 3 million LDO (approximately $4.56 million) into CEX at an average price of null.52. 16 hours ago, Amber Group withdrew 1.175 million LDO (approximately USnull.75 million) from Binance through the address starting with 0x011, with an average price of USnull.491; a total of 3.27 million LDO (approximately US$5.2 million) has been withdrawn since August 18 , with an average price of null.588.
According to official news, the DEX project Bluefin will release the v2 beta version, which will be expanded to Sui and launch several new features in the next 6 months, including instant transaction confirmation, sub-second finality, and a fully decentralized spot market. , cross margin, wallet-free trading, etc. Bluefin v2 will achieve sub-second streaming Optimistic transaction confirmation and wallet-free transaction experience, with a peak TPS of more than 5,400. Bluefin is committed to simulating the Web2 trading experience while retaining the decentralization advantages of on-chain trading protocols, thereby providing users with functionality and trading experience comparable to CEX. The team will continue to operate and maintain Bluefin v1 after the new version is launched.
According to CoinGecko data, the circulating market value of Optimism governance token OP has surpassed Arbitrum governance token ARB. As of press time, OP’s market value ranks 41st in the crypto market, and ARB’s market value ranks 42nd in the crypto market. According to market data, OP is currently trading at null.264, with a 24-hour increase of 0.96%. ARB is trading at $0.77, down 8.49% in 24 hours.
Bitcoin spot trading volume on the centralized cryptocurrency exchange reached its lowest monthly level since October 2020 in August, according to a report released by Bitfinex on Tuesday. Cryptocurrency spot monthly trading volume was less than $423 billion in August, the lowest level since October 2020. The report added: “Spot trading volumes by asset have reached historic lows, and spot trading volumes have been declining for several months.” Analysts at Bitfinex said that the indicator showed that “Bitcoin and the broader crypto asset space We are facing a decline in confidence." The Bitfinex report highlights that the market is currently experiencing extremely low trading volumes and liquidity. This low-liquidity environment makes the cryptocurrency market vulnerable to large price swings, even with low trading volumes.
Haun Ventures, founded by former a16z partner Katie Haun, has hired private equity (PE) industry veteran Suzanne Kim as a partner, The Wall Street Journal reports. Kim previously worked in related industries for 15 years, most recently as Managing Director of Hellman & Friedman. Before that, she also served as Vice President of TPG Capital.
OpenSea announced that it will release two Ethereum Requests for Comments (ERC-7496 and ERC-7498) and two Seaport Improvement Proposals (SIP-14 and SIP-15) to advance the redeemable ecosystem. Redeemable NFTs allow redemption to receive another on-chain or off-chain item. OpenSea has released a public proof-of-concept to illustrate the experience, allowing to mint a Baby Burn egg on the OpenSea Drop page, then go to the redemption page to destroy the egg and trade the egg for a Burnie. After that, OpenSea will roll out on-chain redeemable support to all creators directly on OpenSea, and will also expand the on-chain redeemable standard to make it easier for creators to exchange items in their collections with off-chain redeemable items outside of OpenSea Experience chaining while still tracking the state of redemptions on-chain through characteristics or burns.
According to Business Wire, the Bitcoin mining company Cathedra Bitcoin released its financial report for the second quarter ending June 30, 2023. Its mining business Q2 output was 77.15 BTC, a year-on-year increase of 33.8%; Q2 revenue was 290 Canadian dollars (about 214 million), a year-on-year increase of 16%. As of August 29, 2023, Cathedra Bitcoin held approximately 3.7 million Canadian dollars in cash and 19.55 BTCs, with a total cash and bitcoin liquidity of approximately 4.4 million Canadian dollars, and active bitcoins in six mines in four states in the United States The total computing power is 387 PH/s.