During the week from March 20th to March 26th, the more noteworthy developments are as follows: zkSync Era Mainnet Alpha is now open to all users, and tokens are expected to be released a year later ; Sui announced that the Mainnet will be launched in Q2 this year ; Do Kwon, the founder of Terra , has been arrested in Montenegro ; Aleo, a programmable privacy network, has opened the application for final incentive testnet validators ; ARB AirDrop have been opened for application ; Starknet Alpha v 0.11.0 has been launched on the testnet, supporting the deployment of Cairo 1.0 contracts ; Taiko, the second-tier network of Ethereum, launched the Alpha-2 test network ; the Uniswap Bridge Evaluation Committee has formulated a preliminary evaluation framework and plans to submit a final report at the end of April or early May ; DEX aggregator 1INCH initiated a vote on the proposal to create an NFT transaction aggregator ; Yuga Labs The "Otherside: 2 nd Trip" event was launched ; Immutable will cooperate with Polygon Labs to create Immutable zkEVM to accelerate Web3 game development .
The following is the progress of specific projects:
Bottom-Layer 1
Sui Mainnet will be launched in Q2 this year
Odaily Planet Daily News According to the official Twitter, Layer 1 blockchain Sui announced that its Mainnet will be launched in Q2 this year, and will start a series of activities and content called "Wave to Mainnet", aiming to further introduce the Sui protocol to the community.
The Sui Foundation also stated that it is designing a SUI token community access plan to enable Sui community members to purchase SUI tokens at an early stage, but there is no AirDrop plan yet.
Terra founder Do Kwon has been arrested in Montenegro
Odaily Planet Daily News Montenegro Interior Minister Filip Adzic announced that Do Kwon has been arrested in Montenegro.
Avalanche is planning a Cortina upgrade that will migrate X-Chain to run Snowman++ consensus
Odaily Planet Daily News According to official news, Avalanche announced that it will release the pre-release code for the Avalanche Cortina upgrade on the Fuji testnet on March 27, and the upgrade will be activated at 23:00 on March 30.
Before the successful upgrade of Cortina on the Fuji testnet, the Avalanche Mainnet activation time will be announced and the official Cortina AvalancheGo version (v1.10.0 ) will be released.
The latest version of AvalancheGo will migrate X-Chain to run Snowman++ consensus and operate as a fully ordered blockchain in a process called "linearization". This migration paves the way for Avalanche Warp Messaging (AWM) integration, new transaction types that modify shared X-Chain state, provides an easy path to enable state synchronization, and makes it easier for exchanges to support X-Chain, where Will contain many of the staking tokens used on the Elastic Subnet.
This means that the entire network has migrated to a single consensus engine, reducing the size of the trusted computing base and increasing the leverage of existing R&D efforts, enabling faster development and more broadly applicable innovations.
Filecoin updates the bug bounty program for new components such as FVM and EVM Runtime
Odaily Planet Daily News According to official news, Filecoin announced an update to its bug bounty program, increasing the reward for critical issues to $500,000 and incorporating programmability features. After this planned update, the community continues to work on ensuring the security of the Filecoin network, including new components such as FVM and EVMRuntime.
Flow Mainnet has been launched No wallet access hybrid custody solution
Odaily Planet Daily News According to the official Twitter, Flow announced that the Mainnet has launched a hybrid custody solution without wallet access, which has been adopted by 20 projects.
Programmable Privacy Network Aleo Opens Final Incentive Testnet Validator Applications
Odaily Planet Daily News Programmable privacy network Aleo has opened the application for its final incentive testnet verifier and prover. Aleo launches Testnet 3 incentives in October 2022 and distributes 25 million Aleo Points (ALEO) to the developer , prover, and validator communities.
EOS EVM code is ready for final testnet launch on schedule
Odaily Planet Daily News EOS Network Foundation tweeted that the code of EOS EVM (TrustEVM) is ready and will launch the final test network on March 27 as scheduled, and the Mainnet test will be launched on April 14.
The IRISnet version 2.0 upgrade adds support for EVM and introduces a new fee Token
Odaily Planet Daily News IRISnet based on Cosmos -SDK will release version 2.0 upgrade, adding support for Ethereum Virtual Machine (EVM), and integrating EVM-based smart contracts and Dapp into the IRISHUB ecosystem. In addition, IRISHUB 2.0 will introduce a new fee token converted from IRIS for use in the EVM ecosystem. (Medium)
Layer 1 network Radix raises $10M at a $400M valuation led by DWF Labs
Odaily Planet Daily News Layer 1 blockchain network Radix completed a financing of 10 million US dollars at a valuation of 400 million US dollars. This round of financing is in the form of token financing, and Radix CEO Piers Ridyard said that the financing is fully supported by DWF Labs. DWF has provided $8 million in funding, with the remaining $2 million to be provided in the near future. (The Block)
Bottom layer-Layer 2
ARB AirDrop is open for application
Odaily Planet Daily News The Ethereum browser shows that the block height has reached 16890400. According to the official statement of the Arbitrum Foundation, the opening time for AirDrop applications has now been reached.
Odaily Planet Daily News zkSync Era issued an article stating that the Mainnet Alpha is now open to all users, and has spent 3.8 million US dollars to ensure the security of zkSync Era. Users can now use the Cross-chain bridge to transfer funds to experience the zkSync Era ecological Dapp.
According to CEO Gluchowski, if you want to decentralize the sequencer, you need tokens. And he estimates that the sequencer will be decentralized in about a year, in other words zkSync Era will be issued in a year.
Odaily Planet Daily News Ethereum Layer 2 expansion solution Starknet announced on Twitter that Starknet Alpha v 0.11.0 has been launched on the test network, and developers and users can now deploy and interact with Cairo 1.0 contracts on the Starknet test network , the network computing cost will drop by five times.
Odaily Planet Daily News The Starknet Foundation announced the appointment of five committees: the Provisional Committee, the Early Adopter Grant Committee, the Developer Cooperation Committee, the Governance Committee, and the Ecosystem Access Committee.
Among them, the provision committee is responsible for planning, supervising and executing the supply of Starknet ecosystem token STRK. STRK will be used as a pledge token to participate in the Starknet consensus mechanism, and will be used as the governance token of the network and the Gas token to pay network transaction fees; The Adopters Grants Council works to foster the growth of the Starknet ecosystem by providing grants to innovative teams building on-chain applications on Starknet; the Developer Partnerships Council will introduce the Starknet ecosystem by fostering and overseeing new strategic developer partnerships ; The Governance Committee is responsible for playing a key role in the continued decentralization of the Starknet ecosystem. developers and community members and integrate them into the Starknet ecosystem.
Ethereum Layer 2 Network Taiko Launches Alpha-2 Testnet
Odaily Planet Daily News According to official news, Taiko, the second-layer network of Ethereum based on zkRollup, has launched the Alpha-2 test network "Askja", which is open to all developers to deploy smart contracts. Part of the integrated ZKP validity proof, verifiers do not need to License to generate proof.
In addition, protocol economics is enabled, and validators are rewarded to compensate for their resource consumption. The corresponding L1 is the Ethereum testnet Sepolia, and the Uniswap V fork is deployed to support the exchange.
Odaily Planet Daily News Ethereum's modular execution layer Fuel launched the third public test network Beta-3. The new test network added a P2P network and introduced the ability to run full nodes synchronously on Fuel.
Fuel stated that Beta-3 is not an incentivized testnet. There are no direct rewards for participating in the network.
Odaily Planet Daily News According to official news, ImmutableX, the Ethereum NFT second-layer expansion plan, announced two IMX utility upgrades: 20% of the platform fee must be paid in IMX ; IMX will serve as the core Gas currency of Immutable zkEVM and become a native network token.
Xu Mingxing : OKB Chain is positioned as Ethereum Layer 2
Odaily Planet Daily News Xu Mingxing said on Twitter that OKT Chain is a Layer 1 blockchain, and will soon release OKTC WASM that supports Rust or C++ language development of Dapp . The OKB Chain is positioned as an Ethereum Layer 2 blockchain, which will start with sidechain technology and will develop towards ZK technology in the future.
Odaily Planet Daily News Bitcoin Layer 2 Network Stacks said on Twitter that version 2.1 has been activated. The new version strengthens the connection to Bitcoin, including Stacking mining efficiency improvement, Clarity language upgrade, better bridging function, decentralization Mining, bitcoin native asset support, etc.
Specifically, the upgrade will allow miners to mine via local segregated witness or taproot UTXOs, increasing mining decentralization. Version 2.1 of Stacks unlocks the ability to send Stacks assets directly to Bitcoin addresses. Only the owner of that bitcoin address can control assets on the Stacks chain through a specially designed smart contract that recognizes their bitcoin transactions as contract calls.
Odaily Planet Daily News According to InputOutputHK on social media, Hydra, the second-layer scalable solution on the Cardano chain, will soon release its Mainnet beta version.
IOG released a weekly report stating that the Hydra team is currently exploring node Mainnet compatibility, and has added a gold test suite to the Hydra Plutus script. At this stage, Hydra has restricted the Mainnet test (no more than 100 ADA per submission) Hydra-node misconfiguration was detected.
According to the latest statistics from IOG, as of now, 1,215 projects are being built on the Cardano chain, of which 118 projects have been officially launched, processing a total of 63.5 million transactions.
infrastructure components
MetaMask Institutional's First Institutional Staking Market Will Launch on March 27th
Odaily Planet Daily News MetaMask Institutional launched the first institutional staking market in cooperation with Allnodes, Blockdaemon and Kiln. The marketplace brings together staking providers and provides institutions with easy one-click staking functionality, and will also include ConsenSys' own staking product. MetaMask Institutional is also launching advanced features, including institutional controls, portfolio management, digital asset monitoring with built-in profit and loss and performance attribution, and in-depth transaction reporting. These new features will go live on March 27.
Safe Unclaimed AirDrop Redistribution Proposal Will Be Open for Voting
Odaily Planet Daily News Digital asset management platform Safe (formerly Gnosis Safe) governance community SafeDAO's proposal on the redistribution of unclaimed SAFE AirDrop SEP #5 will be open for voting at 23:01 today.
CeFi
UBS buys Credit Suisse for CHF 3 billion
Odaily Planet Daily News The Swiss Federal Government announced on the 19th that Credit Suisse Bank will be acquired by UBS.
At a press conference held that night, the Swiss Federal Government stated that recent Liquidity outflows and market volatility have shown that it is no longer possible to restore the necessary confidence and that a quick and stable solution is "absolutely necessary", "The solution is that Credit Suisse was acquired by UBS."
The Swiss federal government said that in the face of the current difficult situation, UBS's acquisition of Credit Suisse is the best solution to restore the confidence that has recently been lacking in financial markets and to manage the risks to Switzerland and its citizens.
UBS Group announced on the same day that according to the terms of the all-share transaction, Credit Suisse shareholders will receive 1 UBS Group share for every 22.48 shares of Credit Suisse, which is equivalent to 0.76 Swiss francs per share (1 US dollar equals 0.9252 Swiss francs). ), with a total consideration of 3 billion Swiss francs (3.3 billion U.S. dollars). The deal would create a company with more than $5 trillion in invested assets.
Odaily Planet Daily News New York Community Bank will acquire about $38 billion in assets of Signature Bank , including $36 billion in debt, and strive to provide subprime loan services for Signature Bank customers.
Earlier today, the Federal Deposit Insurance Corporation (FDIC) said that a subsidiary of the New York Community Bank Group will take deposits from the FDIC at Signature Bank's bridge bank. The estimated loss to the FDIC's deposit insurance fund from the failure of the signature bank was about $2.5 billion.
Flagstar Bank, a wholly-owned subsidiary of Community Bank of New York, will acquire the majority of deposits and certain loan portfolios of Signature Bank's Bridge Bank. The NYCB agreement excludes about $4 billion in deposits related to Signature Bank's digital operations, which the FDIC will still provide. Branches of the 40 Signature Banks will operate under the New York Community Bank Group umbrella. (Golden Ten)
Circle is applying for a French cryptocurrency-related license to expand its European business
Odaily Planet Daily News USDC issuer Circle is applying for a French digital asset service provider license and an electronic money institution license. A Circle spokesperson said that if the application is successful, Circle will be able to provide its products to French customers and provide the euro Stablecoin EUROC locally, thereby expanding its European business.
Registration is understood to require companies to undergo checks on governance and money laundering protocols. Circle also said it wants EUROC to comply with the European Union’s Market in Cryptoassets (MiCA) regulation. It requires issuers of any fiat-pegged cryptocurrencies to hold reserves and places caps on transactions in cryptocurrencies that match foreign currencies such as the U.S. dollar. (The Block)
DeFi
Odaily Planet Daily News The Uniswap Bridge Evaluation Committee has developed a preliminary evaluation framework to examine the security, resilience, reliability and sustainability of the Cross-chain bridge in detail. Once the work of the corresponding team is completed, the framework will be open sourced for others to use. In addition, the team identified areas that need to be strengthened, implemented multiple enhancements to the BNB Chain deployment instance with the Wormhole team, Kimberly, the former co-founder of Bridge Network, joined the team to assist the work, and will add 2 to 3 engineers, the final report is now Submission is planned for late April or early May.
Odaily Planet Daily News The AAVE community's ARFC proposal for deploying the MVP version of AAVE V3 on the zkEVM mainnet is now open for voting. zkEVM is an EVM equivalent zk- Rollup L2 developed by the Polygon team and is expected to be deployed on March 27. AAVE V3 has been successfully deployed on the ZkEVM testnet for about 6 months. This ARFC proposal, which should be considered a temperature check, allowing development and risk service providers to conduct a deeper analysis of the zkEVM network, will close on March 29th at 18:00.
Odaily Planet Daily News The US Securities and Exchange Commission (SEC) has issued a subpoena to SushiSwap and its new "chef" (ie CEO) Jared Gray. Jared Gray asked Sushi DAO to fund a 3 million USDT legal defense fund to cover costs related to the SEC investigation. Sushi sought to establish a legal entity last year to reduce the liability of contributors and the DAO.
The SEC did not immediately respond to a request for comment, and Gray said Sushi "does not intend to comment publicly on ongoing investigations or other legal matters."
MakerDAO Founder Publishes "Endgame" Governance Reform Proposal, Including Three Major Improvements
Odaily Planet Daily News MakerDAO founder Rune Christensen released a governance reform proposal "Endgame" at the Governance Forum, aiming to address the key opportunities and challenges facing the blockchain industry. By establishing a flexible and reliable governance balance, Maker governance More efficient, transparent and inclusive. At the same time, Endgame facilitates scalable and parallel product innovation and growth strategies.
The proposal includes 3 major improvements and gives an approximate timeline for implementation as follows: Clarity of specific rules, which will be implemented immediately after passing the Maker Constitution MIP proposal; Governance participation incentives, which will be implemented later in 2023 ; Shift operational complexity from MakerDAO to SubDAO, which will be implemented in 2024.
DeFi Derivatives Protocol GMX Plans to Expand to Base Network Deployment
Odaily Planet Daily News The decentralized Derivatives exchange GMX plans to deploy the protocol on the Layer 2 network Base.
According to a post on the GMX Governance Forum, some members of the GMX community support extending the platform to another blockchain. While most GMX forum users support GMX being a “first mover” to Base, others are concerned about whether GMX ’s anonymous founders will need to submit identification documents to Coinbase to comply with anti-money laundering regulations.
Lending protocol Timeswap will list Arbitrum
Odaily Planet Daily News Timeswap, a non-clearing lending agreement, said on Twitter that Arbitrum will be launched in the future. Timeswap was launched on the Ethereum mainnet on March 14.
Odaily Planet Daily News Encrypted native distributed Stablecoin project HOPE held its first AMA on Twitter Space. Founder Flex Yang introduced HOPE's unique reserve mechanism and future plans to the audience in detail.
Flex introduced that, as a distributed Stablecoin, HOPE's reserve assets will adopt a distributed custody method, and several leading encrypted custody institutions in the world will jointly ensure the security of funds, while ensuring the compliance and professionalism of the custody institution to the greatest extent. Reduce centralization risk.
Talking about the planning of the HOPE Stablecoin, Flex said that the original intention of creating the project was to provide users with new financial tools with low wear and tear and high transparency under the global situation of intensified polarization. Different from other Stablecoin, in the early stage of development, the reserve price of HOPE will start from 0.5 US dollars. With the floating of BTC and ETH , the main purpose is to become an important margin to open up DeFi, CeFi, and TradFi.
HopeSwap, the first application of the HOPE ecosystem, will be launched on the Ethereum mainnet in April. At that time, users will be able to obtain HOPE Stablecoin on the chain, and obtain LT rewards by staking and providing Liquidity. Subsequently, the usage scenarios of the HOPE Stablecoin will gradually expand to lending, Derivatives transactions, and synthetic assets.
NFT
DEX aggregator 1INCH launched a proposal vote to create an NFT trading aggregator
Odaily Planet Daily News According to official news, the DEX aggregator 1INCH initiated a vote on the proposal to establish an NFT trading aggregator. The proposal states that in order to maintain 1INCH's competitiveness in the DeFi aggregation field, a new NFT transaction aggregator protocol needs to be created. The aggregator aims to provide a comprehensive platform for trading NFTs, with fees that will be in line with or even lower than other competitors. Solidity.io, a full-stack Web 3 solutions studio, will provide technical support for this aggregator.
Odaily Planet Daily News The first phase of the LooksRare aggregator in the NFT market is now online. Users can add NFT to the shopping cart, buy in bulk from LooksRare and OpenSea , and view transaction activities from OpenSea without leaving the website. Thereafter, users can make bulk purchases using the LooksRare V2 protocol. In the future, the LooksRare aggregator will support more NFT market purchases and bulk purchases, and support viewing other NFT market activities, and support global real-time floor prices and feature data in other markets. Currently, the LooksRare aggregator smart contract has passed the Peckshield security audit and the Code 4 rena audit competition.
Odaily Planet Daily News NFT market Magic Eden announced the launch of the Bitcoin ecological NFT market, which has integrated support for Bitcoin wallets Hiro and Xverse to allow traders to list, buy and sell Ordinals NFT.
Since there are currently few tools in the Bitcoin ecosystem, and there is no safe and trustless execution solution, Magic Eden has decided to temporarily support the Bitcoin ecosystem NFT without royalties, and will continue to actively research on-chain, license-free royalty standards. develop.
The next iteration of sudoswap will include on-chain royalties, ERC-1155 support, and more
Odaily Planet Daily News software engineer cygaar announced to join Sudorandom Labs and focus on the development of NFT trading protocol sudoswap.
Cygaar said that the next iterative update of sudoswap will include on-chain royalties, ERC-1155 support, and more.
Odaily Planet Daily News According to the official Twitter, the agreement has now launched the repayment function, and will resume the supply function later today. In addition, all affected users in this incident will receive an NFT, which can be used to exchange ParaSpace tokens in the future. Users who contribute to the ParaSpace lending pool will receive additional tokens to make up for missed yield opportunities during the protocol suspension, and ParaSpace will also introduce an incentive program.
Quest 3 will be renamed QuestN, and the QuestN APP will be officially launched in the second quarter
Odaily Planet Daily News The Quest 3 team decided to rebrand from Quest 3 to QuestN, and set the goal to become a one-stop Web3 marketing growth and analysis platform. From single-function tools focused on growth, to multi-marketing scenario services, and providing marketing, growth and analysis services for multi-field projects such as GameFi . According to the team, QuestN stands for "Quest to Earn", which is the essence of its project, and users can claim various rewards on it.
In terms of future development, QuestN's mobile APP will be officially launched in the second quarter of 2023, and continue to attract more new Web2 users.
Yuga Labs launches "Otherside: 2 nd Trip" campaign
Odaily Planet Daily News official news, Yuga Labs announced the launch of the "Otherside: 2 nd Trip" event, Voyagers and invitees need to go to the Infinity Room and prepare to enter the 2 nd Trip.
Earlier news, according to official news, Yuga Labs announced that the "Otherside: 2nd Trip" event on the Otherside metaverse platform is tentatively scheduled to go live on March 25.
According to reports, Voyagers will be able to enter the experience 15 minutes before the start of Trip (travel), and Otherdeeds NFT holders will have the opportunity to participate in this event. The 2nd Trip is by invitation and more details on how the Guest Pass will work will be provided in the coming weeks.
Once the 2nd Trip reaches capacity, players will no longer be able to join the experience. Voyagers will have priority over guest passes for access to the experience. Participation links will be posted that day. Travelers on the 2nd Trip will be eligible for FIRST TRIP Obelisk Fragments.
Doodles 2 wearable device NFT "Genesis Box" will open on March 31
Odaily Planet Daily News NFT project Doodles announced that the Doodles 2 wearable device NFT "Genesis Box" will be opened on March 31.
Jay Chou Launches Limited Edition Music Metaverse on Conflux
Odaily Planet Daily News Conflux officially stated that Jay Chou launched a limited edition music metaverse in Conflux, with a limited time NFT ticket experience.
NFT ticket holders can access Jay Chou's Music Metaverse. In the Metaverse, users can enjoy five song auditions carefully selected by Jay Chou, including four popular songs and one unreleased new song.
Odaily Planet Daily News Web3 venture capitalist Coinsilium Group Limited stated that following the submission of EIP-5606 (Ethereum Improvement Proposal) in September last year, the new "Multiverse" NFT standard ERC-5606 developed by the Metalinq technical team has successfully completed the Ethereum Community Approval Process. ERC-5606 is a new standard for creating multiverse NFTs across multiple metaverses, Web3 games and platforms. These NFTs can represent unique assets in different virtual worlds, enabling interoperability between these worlds. ERC-5606 is fully compatible with NFT standards ERC-721 and ERC-1155.
Metalinq, a project backed by the founding team of Coinsilium and Coinsilium portfolio company Indorse, is building technology solutions that enhance the interoperability of Web3 assets.
social contact
ENS Foundation Director Announces Resignation, New Director Nomination Window Will Open on April 10
Odaily Planet Daily News ENS Foundation Director Brantly Millegan announced that he will resign as a director, and the resignation will take effect after the appointment of a new director.
ENS DAO can appoint new directors of the ENS Foundation according to Article 15 of the Charter. The new directors will be appointed after the nomination process and election. The ENS Foundation will open the nomination window at 17:00 on April 10 and will open the : 00 off. Elections will be held from May 1st to 5th, and after the election results are announced, a notice to appoint a new director will be sent to the ENS Foundation.
The Sandbox : Plan to deploy Polygon ID by the end of the year to enhance KYC programs
Odaily Planet Daily News Yuan Universe game platform The Sandbox said on Twitter: "The Sandbox is working with Polygon Labs to deploy Polygon ID by the end of the year. We value decentralization and privacy and will use Polygon ID to enhance our KYC program. User safety and privacy is our top priority."
According to previous news, in March 2022, Polygon will launch a new user identification service, Polygon ID, which will help verify user information while protecting their privacy on the chain. Polygon IDs will be used for certain regulated activities as well as blockchain-related KYC checks required for custom applications.
Earlier this March, Polygon announced that its Web3 identity service, Polygon ID, is now available to the public under an open source license.
Odaily Planet Daily News Space ID updated the AirDrop rules on Discord: The surge in domain name registration activities before March 14 has nothing to do with the SPACE ID team. The snapshot time was changed from March 14th to March 10th at 10pm. Users who registered between 10pm March 10th and 10pm March 14th will not be eligible to claim the current AirDrop batch. However, they will count towards Voyage Season 2 and will receive a corresponding Voyage Box. In addition, Space ID will award an additional 5.6 million ID tokens to all users, weighted only by domain holding time. Due to the updated snapshot and additional AirDrop, a total of approximately 7.6 million additional ID tokens will be awarded to all eligible users, and the number of tokens per user will increase.
game
Odaily Planet Daily News Web3 game developer platform Immutable announced a strategic partnership with Polygon Labs to accelerate the development of Web3 games.
mmmutable will use Polygon 's zero-knowledge technology to build a new EVM-compatible zk- Rollup expansion solution, Immutable zkEVM, to provide game developers with additional options, but it said that the solution will not replace its Starkware-based solution, Immutable X.
Odaily Planet Daily News Yield Guild Games (YGG), Game 7, Magic Eden and Fenix Games established Web3 Games Collective to promote the development of blockchain games and provide support in investment, development, and ecological cooperation. (Venture Beat)
Aavegotchi plans to launch Gotchichain, a dedicated blockchain powered by Polygon Supernets, in Q3
Odaily Planet Daily News AAVE ecological NFT game Aavegotchi plans to launch the dedicated blockchain Gotchichain supported by Polygon Supernets in the third quarter of 2023.
Blockchain game developer CCP Games completes $40 million in financing led by a16z
Odaily Planet Daily reported that chain game developer CCP Games completed a financing of US$40 million, led by a16z, and participated by Makers Fund, Bitkraft, Kingsway Capital, Nexon, and Hashed. The financing was used to make a new triple-A blockchain game set in the Eve Online universe. (Venture Beat)
Gala Sues pNetwork for Over $27 Million on behalf of pGala Victims
Odaily Planet Daily News Blockchain game platform Gala Games announced to sue pNetwork on behalf of pGala victims. Gala Games stated that pNetwork’s negligent security breach and intentionally failed recovery plan caused further damage, negatively affected the market’s perception of Gala and GALA Token, damaged Gala’s reputation, and damaged Gala’s relationship with the trading platform. relation.
Accordingly, Gala seeks compensation from pNetwork in the amount of $27,671,934.80 for out-of-pocket expenses, additional damages for damages, punitive damages, and other costs the court deems just and equitable for breach of contract.
security incident
Odaily Planet Daily News The Euler Finance attacker noted in a transaction sent to Euler early this morning, "We want to make it easy for everyone affected. We have no intention of keeping things that don't belong to us. Set up secure communication. Let's Make an agreement."
Subsequently, Euler Finance responded on the chain, "The message has been received, let us chat privately with your EOA at blockscan via the Euler Deployer address, or sign the message via email at contact@euler.foundation or any other channel of your choice. "
It was previously reported that the DeFi lending agreement Euler Finance suffered a hacker Flash Loan attack, with a loss of US$197 million, including 8,877,507.35 DAI, 849.14 WBTC, 34,413,863.42 USDC, and 85,818.26 stETH.
Swerve Finance Suffers $1.3M in Governance Attack
Odaily Planet Daily News The defunct Swerve Finance suffered a governance attack and has lost $1.3 million in Stablecoin. The attack has lasted for more than a week. A governance attack is when a hacker controls enough voting power to execute a proposal aimed at stealing tokens from the protocol.
