headlines
MEV robot hacked, losses around $25 million
Odaily News According to Twitter user 3155.eth’s disclosure on social media, some top MEV robots have been targeted by hackers, and the trading modules in the sandwich arbitrage have been replaced. Could be a major turning point for the entire MEV ecosystem. In addition, 3155.eth speculates that the attack may have been planned for a long time. The attacker has become a verifier 18 days ago and has prepared relevant tokens. The relevant source of funds is extracted from the privacy program Aztec.
According to the analysis of Twitter user @GaoFlynn, During the transaction, the hacker got the bundle transaction of the big sandwich arbitrage bot, and there are 3 transactions in the bundle: a large amount of buying; a transaction of the trapped user; a large amount of selling. When I got to this bundle, I disassembled the bundle, replaced 2 with my own transaction, exchanged the bot’s funds with cheap tokens, and then the transaction in step 3 failed.”
MEV robot hacked, losses around $25 million
According to the official statement, Alchemy Pay provides a way for cryptocurrency companies to access the fiat payment system, aiming to take advantage of South Korea’s “high level of cryptocurrency acceptance” and help local companies achieve greater internationalization goals. (CoinDesk)
According to the analysis of Twitter user @GaoFlynn, During the transaction, the hacker got the bundle transaction of the big sandwich arbitrage bot, and there are 3 transactions in the bundle: a large amount of buying; a transaction of the trapped user; a large amount of selling. When I got to this bundle, I disassembled the bundle, replaced 2 with my own transaction, exchanged the bot’s funds with cheap tokens, and then the transaction in step 3 failed.”
Odaily News Payment service provider Alchemy Pay announced that it has completed a financing of US$10 million at a valuation of US$400 million. The market maker DWF Labs invested, and the new funds will be used to expand its business in South Korea.
Industry news
Arbitrum DAO Admin Clarifies: Part of ARB Transferred to Coinbase Escrow, Locked for 4 Years
Odaily News In response to the transfer of 2.694 billion ARBs from the Offchain Labs team, the Future team and consultants to 140 EOA addresses, Eli, the community administrator of Arbitrum DAO, responded that some ARBs were transferred to Coinbase custody accounts with a lock-up period of 4 years. Using Coinbases escrow unlocking service.
In addition, eli has suggested that the Offchain Labs team clarify the matter through the official Twitter.
Crypto custody firm Komainu to offer compliant mortgage products to institutions
Komainu, a joint venture between Nomura Securities, Ledger and CoinShares, is offering institutional clients a regulated and segregated collateral management product.
Station B launched the High Energy Chain App to manage users digital assets
Bakkt Completes Acquisition of Apex Crypto for $55M in Cash and $100M in Stock
Odaily news digital asset platform Bakkt completed the acquisition of Apex Crypto, Bakkt will pay 55 million US dollars in cash and 100 million US dollars in stock. It is reported that Bakkt first announced the acquisition of Apex Crypto in November 2022, subject to the approval of the New York Department of Financial Services.
After downloading experience, this app supports viewing bilibili digital collections, searching addresses on the chain and viewing address chain asset information. In addition, Bilibili officially stated that this product can currently be used in Bilibili, DoDo and High Energy Chain.
Project News
Project News
Odaily News According to the official Twitter, ParaSpace has launched an incentive plan. Users behaviors and activities will be rewarded with points, and the points will be exchanged for ParaSpace tokens through airdrops when ParaSpace releases tokens. Through the end of the second quarter (June 30, 2023), ParaSpace will increase the reward points earned by users to 300%. It is reported that valid behaviors for earning points include borrowing money, participating in APE pledge, and buying on credit.
In addition, ParaSpace plans to accelerate the launch of governance tokens after completing the development of core products and functions.
Damus has integrated ChatGPT optimized for chat
According to the official Twitter, Damus, an open social application based on the Nostr protocol, has announced that it has integrated ChatGPT optimized for chatting, supporting multiple users to interact with the same ChatGPT robot. The address is npub 1 tsgw 6 pncspg 4 d5 u 778 hk 63 s 3 pls 70 evs 4 czfsmx 0 fzap 9 xwt 203 qtkhtk 4.
Odaily News According to the official Twitter, ParaSpace has launched an incentive plan. Users behaviors and activities will be rewarded with points, and the points will be exchanged for ParaSpace tokens through airdrops when ParaSpace releases tokens. Through the end of the second quarter (June 30, 2023), ParaSpace will increase the reward points earned by users to 300%. It is reported that valid behaviors for earning points include borrowing money, participating in APE pledge, and buying on credit.
Odaily News According to the official Twitter, TreasureDAO, a decentralized game ecosystem, stated that as the largest governance representative of the Arbitrum ecosystem, it has voted against the AIP-1 proposal proposed by the Arbitrum Foundation. Additionally, TreasureDAO asked Arbitrum to resubmit a proposal that more clearly spelled out the scope of the special grant program and split the AIP-1 proposal.
Odaily News KuCoin Wallet has been renamed Halo Wallet, and the team has officially separated from KuCoin Group and will operate independently.
Odaily News Central African Republic’s national encryption project Sango said in a message in its Telegram group that the government of the Central African Republic (CAR) has made “significant progress” in enacting laws and regulations that will allow its cryptocurrency, Sango Coin, to trade on Cryptocurrency exchange listing. However, according to the project, the listing of Sango Coin will be delayed by a few weeks until the framework is finalized.
It is reported that Halo Wallet has received the first round of financing from KuCoin Ventures, IDG, HashKey Capital, etc.
KuCoin Wallet will be renamed Halo Wallet and will operate independently, and has received the first round of financing from IDG, HashKey Capital, etc.
Odaily News KuCoin Wallet has been renamed Halo Wallet, and the team has officially separated from KuCoin Group and will operate independently.
KuCoin stated that the rebranding means that Halo Wallet will expand from the Web3 wallet to the wider SocialFi, including building an ecosystem on the basis of Web3 DID.
DFINITY Internet Computer Launches Liquid Bitcoin ckBTC for Faster, Cheaper Bitcoin Transactions
data
This development brings Layer 2 functionality to Bitcoin, allowing for faster and cheaper transactions without compromising security. By integrating directly with the Bitcoin network, ckBTC can be used for DeFi applications on supported networks without relying on centralized bridging services, a major security concern in the broader crypto ecosystem.
While bitcoin integration unlocks a wealth of opportunity, it also entails the slow and expensive transaction times associated with the bitcoin network. To solve this problem, the internet computer sets the fee for Liquid Bitcoin at 0.0000001 ckBTC, which is significantly less than the Bitcoin network fee.
Data: Nearly 60,000 ETH have been cross-chained to zkSync Era
proposal
Odaily News According to the latest data on the Snapshot voting page, the comprehensive governance package Arbitrum Improvement Proposal (AIP-1) initiated by the Arbitrum Foundation currently accounts for 82.62% of the votes against it. The voting will end at 6:13 pm Beijing time on April 4th.
Investment and Financing
Acre completes £6.5 million seed round
On April 3, Acre, a London-based blockchain mortgage lending platform, announced the completion of a £6.5 million (approximately $8.05 million) seed round of financing, which will be used for user growth and new partnerships with lenders and insurance companies. partnerships to help its brokers recommend and apply for suitable financial products and services as efficiently as possible.
It is reported that the Acre platform uses blockchain technology to verify consumer and property data to provide support for the mortgage loan business. The annual mortgage loan volume of the platform has exceeded 10 billion pounds.
This new funding round follows Acres £5 million funding round in 2019 led by Aviva and Sesame Bankhall Group (SBG).
