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WuBlockchain Weekly:Privacy Policy 、crvUSD、IRI and Top10 News
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WuBlockchain Weekly:Privacy Policy 、crvUSD、IRI and Top10 News

WuBlockchain
Nov 25, 2022
Share this post
WuBlockchain Weekly:Privacy Policy 、crvUSD、IRI and Top10 News
wublock.substack.com

Top10 News

1、Fed officials see smaller rate hikes coming ‘soon,’ minutes show link

Federal Reserve officials expect to switch to smaller interest rate increases “soon,” according to minutes from the November meeting released Wednesday. Some officials expressed concern over the impact rate increases could have on financial stability and the economy. Markets have largely expected the Fed to dial down the intensity of its policy tightening, and the minutes helped confirm that.

2、ConsenSys Privacy Policy Updated link

ConsenSys (including metamask infura, etc.) has announced that it has updated its Privacy policy to include: When using Infura as the default RPC provider in MetaMask, Infura will collect your IP address and your Ethereum wallet address when you send a transaction. However, if you use your own Ethereum node or a third-party RPC provider with MetaMask, neither Infura nor MetaMask will collect your IP address or Ethereum wallet address, the third-party RPC provider may.

3、Curve released its native stable currency crvUSD whitepaper and publish the code link

Curve released its native stable currency crvUSD whitepaper and publish the code, its core characteristic is to do a continuous liquidation or liquidation of AMM, mortgage debt position, in order to solve the bad-debt problems due to the liquidation. In addition, there are liquidity interval, EMA predictor, integrated AMM and other functional features.

4、Binance today officially launched the "industry recovery plan" link

Binance today officially launched the "industry recovery plan". Binance has committed at least $1 billion to IRI themed investment opportunities at the beginning of the program, increasing to $2 billion if needed in the future. So far, Jump Crypto, Polygon Ventures, Aptos Labs, Animoca Brands, GSR, Kronos and Brooker Group have committed to initial funds totaling at least $50 million.

5、Huobi launches refreshed brand, unveils post-acquisition global expansion roadmap link

Huobi Global launches its refreshed branding strategy where, going forward, “Huobi Global” will simply be known as “Huobi”. This brand upgrade unveils our global expansion roadmap for the first time after the acquisition by About Capital Buyout Fund last month, which will be followed by a more globalized approach to operations.

6、Distributed founder stole $42 million from FTXUS after withdrawal link

Shen Bo, the founder of Distributed, said that individuals commonly use 894 ending wallets, a total of 42M worth of assets, including 38M USDC stolen in the early morning of November 10, New York time. The stolen assets were personal funds, not related to distributed related funds. A local report has been filed, and the FBI and lawyers are involved.

7、Crypto Exchange Bybit Announces $100M Fund to Support Institutional Clients link

Crypto exchange Bybit has established a $100 million fund to support institutional clients "during this challenging period in the crypto industry," the company said Thursday.

Bybit will offer up to $10 million to existing and new market makers on its platform, as well as dedicated account managers, it said in an emailed statement.

8、Quix announced that it is ending operations link

Quix, Optimism's largest NFT platform, has announced that it will end operations on February 28, 2023 and that its code will be open source. Trades for NFT holders on Optimism will be redirected to OpenSea. The platform was hit by a security incident in July in which a large number of user assets were stolen.

9、Crypto Brokerage Genesis Is Said to Warn of Bankruptcy Without Funding link

Genesis has told potential investors it may file for bankruptcy if it is unable to raise capital. The Block also said it had reduced its funding target from $1 billion to $500 million. Digital Currency Group (DCG) is reluctant to sell part of its venture portfolio and has no plans to sell its Grayscale unit.

10、A whale was liquidated on-chain after shorting CRV through lending link

A whale address (0x57... ce9e) borrows a huge amount of CRV using Aave and then transfers it to OKX or makes a profit by shorting and selling borrowed CRV. At its peak, the address lent 92 million CRVS and mortgaged 63.6 million USDCs at a liquidation price of $0.61. CRV fell as low as $0.4 and then rose to $0.63, the whale address suffered liquidation.

Fundraising

  • Crypto Lender Matrixport Seeks $1.5 Billion Funding Value Despite FTX Chaos link

  • Web3 and VR gaming studio Thirdverse raises $15 million in latest funding round  link

  • Carv valued at $40M as investors race to back web3 identity builders  link

  • Strategic Partnership Established With Across $10MM Success Token Sale  link

  • Cosmos-based DeFi protocol Onomy raises $10 million link

  • NFT utility platform Tropee raises $5 million led by Tioga Capital  link

  • Binance Labs Makes a Strategic Investment in Hardware Wallet Maker NGRAVE to Boost Crypto Self-Custody link

Learn more, check out crypto-fundraising.info.

Insights

  • Memories of the most important Shanghai investors in the early days of Ethereum link

  • Interesting research: the "World Cup effect" in the stock and crypto markets  link

  • Maverick Investor Update on FTX Blow-up link

  • FTX Underscores The Importance Of DeFi  link

  • Strategic Thinking for Emerging Infrastructure Providers link

  • Seedless Self-Custody: On MPC and Smart Contract Wallets link

  • When Recession, Sir? link

  • Crypto Yield Sources: Not all Yield is Created Equal link

  • White Boy link

Follow us

Twitter: https://twitter.com/WuBlockchain

Telegram: https://t.me/wublockchainenglish

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WuBlockchain Weekly:Privacy Policy 、crvUSD、IRI and Top10 News
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